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It will be appropriate to state that ForeverGreen Worldwide Corp (OTCMKTS:FVRG) knows how to stay green, which is currently reflecting in its stock price. The company released a press note last week stating that it has explored various opportunities in the Middle East. The company’s interest in the region grew after its Vice President- Sales, Joe Jensen, concluded his tour and concluded that the region offers growth potential.

Foraying into Middle East

ForeverGreen Worldwide Corp (OTCMKTS:FVRG) mentioned that during his visit to the Middle East, Jensen met with local prospects, industry leaders, warehouse personnel, doctors along with several other individuals. The idea behind these meetings was to place appropriate people, who could take care of the operations. In this direction, Jensen also established local as well as regional shipping in Jordan, Kuwait, Saudi Arabia and the UAE.

Additionally, Jensen has also placed local shipping in Turkey and Israel and delivered product and leadership training. Furthermore, Jensen engaged the warehouse services of a local Sheik, which is a mandatory rule for establishing a business in Dubai, according to ForeverGreen Worldwide Corp (OTCMKTS:FVRG).

Apart from this, Jensen has proactively set up a team in Istanbul and tied-up with doctors for the marketing of the company’s products. As a result of Jensen efforts, ForeverGreen Worldwide Corp (OTCMKTS:FVRG) foresees immediate growth in Turkey, Lebanon, Dubai and Israel.

Looking back

By looking at the track record, it appears that things are falling in right place for the company. ForeverGreen Worldwide Corp (OTCMKTS:FVRG) has already stunned the market in its latest fourth-quarter and annual report for 2014. As per which, the company grew its revenue by 229% from $17 million to $58 million year-over-year. Its gross profit too jumped by 253% to $45million, which is an incredible performance.

A more than 19% jump in the stock price of ForeverGreen Worldwide Corp (OTCMKTS:FVRG) to $1.49 is reassuring. The stock recorded average trade volume of 108,796 shares.

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Steve Kanaval
Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.