Baltimore, Maryland / March 19, 2014 / In a recently released article, Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, notes that based upon recent company news, it appears that the Company is exceeding its original financial expectations for 2014.
Earlier this month, ForeverGreen announced that February 2014 revenue exceeded February 2013 performance by more than 300%. This news comes on the heels of an earlier release proclaiming that January 2014 revenue exceeded January 2013 revenue by more than 160%. Not only is the Company hitting on all cylinders but the rate of top-line growth is accelerating and it is possible that monthly revenue could approach the $3 million mark and first half revenue could approach the $16 - $18 million in revenue slated for the entire year in 2013.
In the article Goldman states, “These recent results provide insight into potential, future outperformance in the coming months, relative to original management expectations of $35 - $40 million for this year. Moreover, the Company appears to be properly managing growth and the diversification of revenue going forward, as investors should expect the introduction of new products this year that should generate a few million in revenue alone. Plus, management has set the stage for an even stronger infrastructure in order to sustain high revenue growth rates.”
“Considering the hockey stick-type revenue growth FVRG is experiencing, it is possible that as the Company releases its 2013 and 1Q14 financial results, the performance will likely not go unnoticed. Furthermore, since management’s plan is to up-list the shares to a senior exchange in the coming quarters, opportunistic investors may enjoy the potential of outsized gains based on fundamentals, valuation, and the commencement of the up-listing process.”
This press release contains excerpts of our most recently published sponsored article on ForeverGreen Worldwide Corporation. To view a sponsored research report, article, disclosures and disclaimers, or to download the report and articles in their entirety, please visit http://www.goldmanresearch.com/.
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About ForeverGreen Worldwide Corporation (OTCQB - FVRG): ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, New Zealand, Europe, Asia, South America and Africa. Offerings include their new global offering, PowerStrips. Additionally, they offer Azul and FrequenSea™ whole-food beverages with industry exclusive Marine Phytoplankton, Versativa line of hemp-based whole-food products, A.I.M. Transfer Factor immune support, 03World™ weight management products, Pulse-8 powdered L-arginine formula, TRUessence™ Essential Oils and Apothecary, 24Karat Chocolate®, and an entire catalog of meals, snacks, household cleaners and personal care products.
For more information, visit the Company’s website: http://www.forevergreen.org/
Goldman Small Cap Research
Rob Goldman, Analyst