Natural Health Trends Corp. Announces Record Financial Results


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OTC:BB:NHTC / OTC:BB:WARM / OTC:BB:FROZ / OTC:BB:PUGE
05/08/2014 [ACCESSWIRE]

Natural Health Trends Corp. (OTCQB: NHTC) saw its share volume skyrocket on May 7th with 119,569 shares exchanging hands, more than five times higher than its three month daily average of 22,750 shares.

This uptick in volume comes after Natural Health Trends Corp. announced record financial results for the quarter ending on March 31st, 2014.

First Quarter Financial Highlights

- Total revenues were $23.2 million, up 168% compared to $8.7 million in the first quarter last year and up 21% sequentially compared to $19.1 million for the fourth quarter last year. This was the fifth consecutive sequential quarterly increase in revenues.

- Operating income was $3.1 million, up 968% compared to $292,000 last year, and up 88% sequentially from $1.7 million for the fourth quarter last year.

- Net income was $3.1 million, or $0.26 per diluted share, compared to $283,000, or $0.03 per diluted share, last year and $1.6 million, or $0.14 per diluted share, for the fourth quarter last year.

- Cash and cash equivalents increased to $23.3 million as of March 31, 2014 from $14.6 million at December 31, 2013.

"The strong momentum we built in 2013 continued into the first quarter," commented Chris Sharng, President of Natural Health Trends Corp. "Net sales in Hong Kong increased 237% and sales in Taiwan increased 12% compared to the first quarter of last year, demonstrating the strong organization we have built in these two important geographies. We continue to expand our gross profitability, grow our operating income and expand our free cash flow, helping to support our prospect for long-term growth."

NHTC closed at $6.70, 4.69% up from its previous close of $6.40.

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HPEV Inc. Announces Opening of Flagship Facility

HPEV Inc.'s (OTCQB: WARM) share volume continued to soar on May 7th with 264,805 shares exchanging hands, significantly higher than its three month average of 166,399 shares.

This jump in volume comes after HPEV Inc., an innovator in energy efficiency and heat removal technologies, announced that it will open its flagship facility, Ultimate Power Truck, LLC in Largo, FL to serve the Tampa Bay area.

HPEV's energy efficiency technology is a breakthrough for mobile power generation as it utilizes a truck's engine power to generate auxiliary 120V-460V single or 3-phase alternating current (AC) power to run compressors, welders, lighting systems and other construction equipment as well as bucket truck arms.

The facility will showcase a range of trucks from Ford F-250s through F-750s, as well as other manufacturer's class 2-8 trucks, with onboard power outputs ranging from 25 kilovolt-amperes (kVA) to 200 kVA, and advanced options such as onboard power storage and Electric Load Assist, which effectively converts the trucks into hybrid vehicles.

HPEV management sees tremendous market potential in not only the disaster relief and utility marketplace, but also in retail, construction, mining, and military markets.

HPEV closed at $1.30, down 12.75% from its previous close of $1.49.

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APT Group Inc. Completes Market Test

Frozen Food Gift Group Inc. (OTCQB: FROZ) saw its trade volume soar on May 7th with 115,435,712 shares exchanging hands, higher than its three month daily average of 80,133,470.

This uptick in volume comes after APT Group Inc. (Frozen Food Gift Group Inc.'s public company name hasn't been approved by authorities yet, but the application for a new company name and ticker symbol have been initiated) announced that it has successfully completed an international sales launch and market test through a relationship with a leading Latin American motorsport manufacturer and distributor.

APT Group, Inc. expanded its distribution channels into Latin America with the MotoVox(R) brand of powersport products through a relationship with a leading Latin American motorsport distributor and manufacturer.  The company represents a significant portion of the regional motorcycle market share with more than 3,000 sales points consisting of big box retailers and motorsport and transportation dealers throughout Latin America.

"We are seeing strong demand in a variety of demographics through these two diverse retail sales channels," said Wayne Patterson, CEO.  "Currently underway is continued expansion to third and fourth regional retailers while preparing for a multinational roll out for the current sales channels."

FROZ closed at $.0057 on May 7th, up 21.28% from its previous close of $.0047.

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Puget Technologies Inc. To Sell Its 3D Printer on Amazon

Puget Technologies Inc.'s (OTCQB: PUGE) saw its share volume surge on May 7th with 1,033,487 shares exchanging hands, more than double its daily three month average of 405,766 shares.

This swell in volume comes after Puget Technologies announced Amazon, the largest online retailer in the world, will sell the award-winning IdeaWerk high performance 3D printer. The deal will place the printer before Amazon's more than 209 million active customers.  Puget recently launched the IdeaWerk 3D printer through its subsidiary, Weistek USA.

"With the exploding growth of the e-commerce sector, we are very pleased the IdeaWerk 3D printer will be available to the public through Amazon, and we look forward to strengthening our business relationship with this important e-merchant," said Gary Valentine, President and CEO of Puget. He added, "Working with this retail giant not only reinforces our mission to help make 3D printers more accessible to domestic users; it also moves us closer to delivering the streamlined and seamless consumer experience we consider critical to the company's success."

PUGE closed at $.387, 7.5% higher than its previous close of $.36.

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