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Published in House and Home on Thursday, June 16th 2011 at 5:05 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
OREM, Utah--([ BUSINESS WIRE ])--ForeverGreen Worldwide Corporation (OTCBB: FVRG), [ www.forevergreen.org ], a leading provider of nutritional foods and other healthy products, today announced that the company is seeing sizable growth in sales in the Latin American and South American markets.
Paul Frampton, CFO, stated, aThe company experienced 13.2% growth in May 2011 versus April 2011 sales and is seeing similar trends during the first half of June. Sales are nearly 60% higher than last year during the same time period already with future growth expected. Due to significant growth trends the company is experiencing, ForeverGreen expects full year 2011 sales of $3.5 - $4 MM from this region compared to just over $2 MM last year. This will help contribute to the large scale growth we are anticipating for 2011 and 2012. The company should grow from just over $10 MM in sales in 2010 to $16 - $20 MM of profitable sales in 2011 and $28 - $33 MM in 2012. The reasons for this growth include new key entrepreneurs with a strong history of success, new product introduction and the higher profile nature of the company. We are all excited that we are finally reaching the financial metrics our investors require and look forward to continue to grow and communicate more consistently with our shareholder base.a
About ForeverGreen
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America.
Offerings include Azul and FrequenSeaa" whole-food beverages with industry exclusive Marine Phytoplankton, Versativa line of hemp-based whole-food products, A.I.M. Transfer Factor immune support, 03Worlda" weight management products, Pulse-8 powdered L-arginine formula, TRUessencea" Essential Oils and Apothecary, 24Karat Chocolate®, and an entire catalog of meals, snacks, household cleaners and personal care products. [ www.forevergreen.org ]
Forward-Looking Statements
This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are aforward-looking statementsa and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include among others, certain risks associated with the operation of the company described above. The companya™s actual results could differ materially from expected results.
