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Avidus Management Group Inc ASNHF

Avidus Management Group Inc. (Avidus) is engaged in marketing and distribution of nutraceuticals and health aids to retail vendors and to individuals or businesses. The Company through its wholly owned subsidiaries, Asantae, Inc. (Asantae) and Truestar Health Group Inc. (Truestar), develops, produces and markets brands of nutritional products through direct and network marketing channels. Avidus' brands include Asantae, Akea and Truestar. Asantae includes two products IS2, a functional beverage that supports the body's natural ability to protect, fight and rebuild against the effects of injury, illness and disease, and RealW8, a weight loss supplement. Akea is a supplement consisting of natural ingredients that work synergistically to provide the body the nutrients it needs. Truestar is a personal profiling total health program, which includes a suite of over 30 products and resources that are used to create nutritional, diet and exercise plans.


GREY:ASNHF - Post by User

Post by wjon Jul 16, 2014 11:44am
172 Views
Post# 22750982

Rewards

Rewards
fantastic news !!!!!!!!!!!!!!!!!!!!!!!!!!!
nice volume !!!!!!!!!!!!!!
I like how the company didnt give up much to get such a lucrative asset.


Post-Acquisition Avidus anticipates:Over $10 million CDN in annualized consolidated revenue; Operationally cash flow positive by the end of 2014; Sustainable profitability in 2015; Two-fold increase in distributor base;
wj
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