ForeverGreen vs. all the other nutrition distributor marketers
Recently learned about this company and intrigued. Since there are so many companies out there now trying to tap into the whole food/nutrition market, can anyway comment on how this company stands out? It seems like a very well respected company given that this is an area where scams are not too uncommon. But not having really tried or seen the products out there much, I can't personally vouch on how their products might be "better" or anything along those lines. The FDA approved pain reliever product seems like something unique compared to other competitors in their market. Any other things that stand out from this company?
The company has been in business since at least the year 2000. And is accelerating sales at a historic rate. The FDA medical device is selling like crazy, and is one of their bigger profit margin products. Prior to November of last year they only did business in 11 countries and are now currently doing business is 136 countries. So their growth has exploded. I don't fear the company is a scam, or I doubt that it could still be in business for this length of time. They truly have seemed to have turned the corner and management seems to be very excited about the growth they are experiencing . I truly feel this is a diamond in the rough. With only 14 million shares outstanding and a 4 million share float. I asked the C.E.O. on the last conference call if he thought there was going to be any need to dilute the shares and stated that they weren't considering that as an option. Hope this helps a little..
Thanks. I agree that the growth seems outstanding and they seem to do a good job with regular PR announcements. I'm a bit puzzled with the really low volume though. Seems like at least some people would be aware of this stock, especially given that at least 1 analyst company supposedly started following this stock a few months ago and the stock has had a pretty serious % gain this year.