Jan

31

ForeverGreen Expects Record First Quarter Growth

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OREM, Utah–(BUSINESS WIRE)–ForeverGreen Corp. (OTCBB:FVRG), a manufacturer and distributor of all natural whole foods, announced today the company is seeing strong growth and increased enthusiasm from its distributor base following the recent launch of its patent pending energy drink.

The introduction of the new product has created an increase in business activity in ForeverGreen’s distribution network. There has been a marked increase in distributor enrollment, monthly meetings, weekly orders, auto ship orders, and same month repeat orders. Several large conferences are scheduled over the next few weeks including dates in Denver, Phoenix, Las Vegas, Vancouver, Dallas, and Fort Lauderdale, which will be attended by corporate executives to introduce ForeverGreen and its product line. Several of these events are expected to attract over 300 attendees.

January sales are trending towards a record month as a result of the increased activity. Nearly 75,000 bottles have been sold to date with the company expecting its energy drink sales to continue growing for the foreseeable future as customers experience the product and its benefits for themselves.

Expanding its global efforts, ForeverGreen officials will also be in Australia and New Zealand during February as the company expands its distribution network throughout the region. Sales from these markets continue to show growth and are expected to increase with the introduction of the energy drink slated for this April. Mexico, where revenues have doubled since October, should have the new drink by the end of the first quarter.

Click here for complete article.

Jan

25

Pink Sheets $Volume

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Speaking of $Volume, see Pink Sheets Annual Trading Volumes, its encouraging, also make sure to check out the stat where it says Pink Sheets did higher $volume than the American Stock Exchange, I had no idea:

  Dollar Volume Share Volume
2007 $162,905,110,913 769,440,803,790
2006 $113,384,270,295 1,058,536,315,977
2005 $56,701,143,455 597,022,266,202
2004 $50,664,705,773 819,497,955,348
2003 $26,519,749,632 187,539,605,819
2002 $20,147,942,092 84,119,337,664
2001 $16,111,768,880 72,102,169,207

Jan

10

OTCBB $ Volume

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December is usually a bad month for penny stocks because of tax loss selling, however this past year it was especially bad. According to OCTBB.com which publishes monthly statistics regarding number of transactions, $volume, total share volume, etc. December 2007 $volume was down 22% compared to December 2006, total transactions were down 27%. December 2007 also happened to be the lowest monthly $volume  amount for the entire year, even lower than August which is historically a slow month. Its hard for stocks to gain in price if less people are playing and less money is flowing. Lets hope January improves.