Baltimore, Maryland / ACCESSWIRE / May 16, 2014 / Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a new research update on ForeverGreen Worldwide Corporation (OTCQB – FVRG), a leading provider of all natural, nutritional foods and healthy products.
In the Goldman Opportunity Research update on the Company, analyst Rob Goldman outlines his investment thesis.
“While the rest of the small cap and micro cap markets are a minefield, ForeverGreen management has consistently raised the bar for itself, increasing financial guidance three times in recent months, including a new forecast for 2Q14 revenue that is projected to be more than triple that of 2Q13. Based upon the most recent guidance for 2Q14, revenue for the first half of 2014 should easily beat sales recorded for the entire year 2013. The Company’s growth is driven by broad adoption of its PowerStrips, a FDA-listed Class 1 Medical Device offering to treat pain and the recently introduced SolarStrips. SolarStrips are an oral, dissolving breath strip containing the same nutrients as the flagship beverage FrequenSea.”
"With a presence in 166 countries, this profitable company has a remarkable reach and its shares appear undervalued considering its high growth rate, especially given management’s propensity to continually raise guidance.”
This press release contains excerpts of our most recently published sponsored research update on ForeverGreen Worldwide Corporation. Goldman Small Cap Research has been compensated a total of $1500 by a third party for this research update. Since December 2013, Goldman Small Cap Research has been compensated a total of $6000 by the Company and $3500 by a third party for research subscription services. To view all sponsored ForeverGreen reports, updates, articles, disclosures and disclaimers, or to download the report in its entirety, please visit http://www.goldmanresearch.com/.
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
A Goldman Small Cap Research report, update, newsletter, or article is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit http://www.goldmanresearch.com/.
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 and SolarStrips. 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
Source: Goldman Small Cap Research