Business For Home Reports: ForeverGreen Revenue Down 32.8%

FGXpress Founder Ron Williams Has To Figure Out A Way To Make His Farmer's Market Concept Profitable!

Ron-Williams

ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today financial results for the second quarter ended June 30, 2016.

Second Quarter Financial Highlights

  • Total revenues decreased 32.8% to $10,798,076 from $16,079,017 during Q2 2015
  • Sales and Marketing expenses decreased 48.6% to  $4,056,821 versus$7,890,203 during the comparable period in 2015
  • General and administrative expenses decreased 36.3% to $3,387,969 from$5,322,385
  • Total Operating Expenses decreased 43.7 % to $7,444,790 from$13,212,588 during Q2 2015
  • Net Operating Income Increased from a loss of $1,173,114 in Q2 2015 to a gain of  $338,151
  • Net Income for the quarter was $189,719 or .01 EPS compared to a loss of $1,446,797 or (.06) EPS during Q2 2015

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Breaking MLM News: Significant Lawsuits Settled

Nestler, Jeunesse, Pruvit, Forevergreen and Axcess Global leave the past behind!

Creative business corporate work concept: tablet computer PC, modern black glossy touchscreen smartphone with news internet web site, stack of newspapers, cup or mug of fresh coffee and metal ballpoint pen on wooden office table

We saw 2015 come to a close with Matt Nestler and Jeunesse settling their differences. We also saw the courts issues their opinion on the issues surrounding Pruvit, Forevergreen, and Axcess Global allowing the reps to move forward.

Who Is Troy Nihart, And What Is The Uprising Powered By Kannaway?

Troy Nihart President Of HempMeds, & Co-Founder Of Kannaway Breaks His Silence!

Troy_Nihart

Over the last few months, Kannaway has been silent at every level. I checked out  KWay News and could find nothing. The only thing we have heard is from the rumor mill, as former insiders, tried to rape and pillage the company as they launched their own network marketing travel companies or joined others. I and others wondered why no one from the Kannaway camp was saying anything.

Troy_NihartAs I dug into the situation, I was met with a smile from Troy Nihart, president of HempMeds, and Co-Founder of Kannaway LLC, and other insiders at Medical Marijuana Inc. (MJNA), as they basically said “it’s all part of a bigger vision, a true Uprising if you will.”

It caused me to wonder, “what bigger vision, what uprising… Just more hype from a network marketing company?”

After meeting with Nihart, and other corporate executives from Kannaway, Medical Marijuana, and General Hemp, the picture became very clear!