Unlike any other penny stock, ForeverGreen Worldwide Corp (OTCMKTS:FVRG) is one odd company that believes in actions more than words. The true commitment of the company towards growing its business shows from its effort to expand across the different regions. Moreover, the company does not depend on creating hype about what is going to happen but states what is achieved.
Setting up in Middle East
The company’s clear intentions reflect in its latest press release, where it talked about the expansion activities undertaken in the Middle East. The company noted that its Vice President- Sales, Joe Jensen returned from his Middle East tour after accomplishing various businesses set up activities. The company gave an account of Jensen’s meetings with people from diverse backgrounds in the Middle East, who are likely to assume a greater role in growing the company’s business in the region. Some of such people included industry leaders, doctors, warehouse owners and local prospects.
Also, ForeverGreen Worldwide Corp (OTCMKTS:FVRG) mentioned that Jensen has already set up regional shipping in the UAE, Kuwait, Jordon and Saudi Arabia. Alongside this, the company noted the establishment of local shipping offices Jensen in Israel and Turkey. Also, Jensen delivered the required product and leadership training to the teams across the region for the successful conduct of the business. With the proper efforts in place, ForeverGreen Worldwide Corp (OTCMKTS:FVRG) anticipates Lebanon, Israel, Turkey and Dubai to report revenues in the immediate future.
Financial performance
Certainly, ForeverGreen Worldwide Corp (OTCMKTS:FVRG)’s endeavors are stunning but, what is more, exciting is its flawless financial track record. Notably, the company is one among few in the OTC Markets that is generating both revenues and profits consistently. As per the annual report 2014, the company reported a 229% jump in its revenue to $58 million, complemented by a 253% increment in its gross profit to $45 million.
The stock of ForeverGreen Worldwide Corp (OTCMKTS:FVRG) inched down by 2.68% to $1.45 yesterday, when a total of 120,775 shares traded.
