Report Update, Grossly Undervalued, Turnaround Underway.
- New Management. Turnaround in Motion, Slashing Costs.
- Reported Largest Monthly Revenue Growth Since 2015 in November.
- Gross Margins Surge to 83%.
- Share Price Remains Near All Time Low.
- Huge Success with Newly Launched KetonX™, Weight Loss Drink.
- Market Value of $3.6 Million vs. $11.6 Million in Sales (Trailing 12 Month).
- Shares Appear Ready for Major Upward Bounce.
The new Sheriff in town, Joe Jensen CEO is rapidly transforming this once high-flyer back to the respect and reputation it earned a short three years ago, when the share price traded near $2.00. In our opinion, the turnaround which is firmly underway when combined with its low share price and count, could result in a powerful snap-back in the stock, as further progress is reported.
In Our Opinion, the ForeverGreen Turnaround Is Well Underway.
In early December, the Company citing the success in it’s KetonX™ health drink directed to the massive marketplace of KetonX™ diet fans, reported that October sales were up 7% from September and that November sales were up 14% from October.