Asantae Holdings International Inc. is a Mesa-AZ-based producer and marketer of innovative nutritional products through a network of independent distributors. In January 2012, Asantae officially launched its flagship proprietary product RealW8™, a revolutionary weight-loss supplement that blunts sugar spikes, reduces carb cravings and helps people stay satiated and break the carb addiction cycle.
- Q1 2012 sales increased by 270% to $874,272 over Q4 2011
- Q1 2012 gross profits increased to 74% from 35% over Q4 2011
- Company expects profitability in Q2 & H2 2012 with record revenues in 2012
- Product developer is a Yale trained cardiovascular surgeon and a leading expert on obesity & heart disease
- Network marketing industry is currently $114 billion
- Weight-loss industry is currently $60 billion
Stock Symbol: TSXV: JVA / OTC: ASNHF
Shares Outstanding: 26.4 million
52-Week Range: $0.09-$0.265
With rapid growth and profitability expected in Q2 2012 and beyond, Asantae has tremendous upside potential from its current market value of $5 million.
DISCLAIMER: Sequoia Partners represents Asantae in the capital markets (IR) and our team has invested in, and holds a signifcant position in the company.