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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 TruthSeek101on Feb 03, 2015 3:27pm
195 Views
Post# 23392890

Bids starting to build as sellers ease up

Bids starting to build as sellers ease upThe bids are starting to build on AVD and I think people are starting to realize the recent developments announced by the company minimze the downside risk...

- majority of debt converted into shares at .10 a share (way above market)
- a private placement completed above market with no commissions paid
- $1m in operating cost savings over balance of 2015

With the new state of affairs at AVD, I'm hopeful that the stock can firm up nicely in the first half of 2015. 


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