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Bullboard - Stock Discussion Forum
Avidus Management Group Inc
ASNHF
Financial Services
Credit Services
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.
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GREY:ASNHF - Post Discussion
Avidus Management Group Inc
> AVD's new product has enormous potential
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TruthSeek101
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Post by
TruthSeek101
on Aug 13, 2013 12:10pm
AVD's new product has enormous potential
I am looking forward to the functional beverage being launched by Avidus next month. Ridley has been very successful with functional beverages before and I believe he can generate exciting network growth for AVD with the product.
Here are some stats about the colossal size of the functional beverage industry from a report I found online:
The functional drinks market consists of the retail sale of energy drinks, sport drinks and nutraceutical drinks. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the creation of this report have been calculated using constant 2011 annual average exchange rates.
The US functional drinks market had total revenues of $22,864.7m in 2011, representing a compound annual growth rate (CAGR) of 4.7% between 2007 and 2011.
Market consumption volumes increased with a CAGR of 2% between 2007 and 2011, to reach a total of 6,892.6 million liters in 2011.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 10.4% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $37,446.3m by the end of 2016.
The report is at https://www.marketresearch.com/MarketLine-v3883/Functional-Drinks-United-States-7678578/
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jerrio78
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Comment by
jerrio78
on Aug 13, 2013 12:34pm
The following has yet to show up, but I believe it will. Much like the masses stormed in MonaVie.
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