Asantae Provides 2012 Outlook
March 05 2012 - 1:05PM
PR Newswire (Canada)
VANCOUVER, March 7, 2012 /CNW/ - Asantae Holdings International
Inc. ("Asantae" or the "Company"), a producer and marketer of
innovative nutritional products through a network of independent
distributors, today announced the company's outlook for 2012.
Asantae CEO, Dan Lundell stated, "In January, after a better than
expected pre-launch, the company began the highly anticipated
official launch of RealW8™. We are extremely pleased
with the metrics to date. Based on the current growth
trajectory, we anticipate a significant increase in revenues and
expect to be cash flow positive in the second quarter of this year;
we also expect record revenues for fiscal 2012." Achievements to
Date -- Commenced the official launch of RealW8™ -- Introduced
several sales initiatives targeting the professional medical sector
-- Attended key trade shows to increase product profile and
distribution -- Continued trend of average monthly 20%-25% growth
in Active Affiliates -- Increased auto-ship orders by 400% since
September, 2011 2012 Outlook In 2012 Asantae expects to achieve the
following objectives and strategic initiatives: -- Achieve cash
flow break even in Q2 -- Achieve record revenue levels -- Reveal
product line extension that will enhance revenues and compliment
the Company's already innovative product line -- Rollout new
Affiliate training, events, and recognition systems, incentive
travel program, Affiliate pay cards and other initiatives to
increase brand loyalty and network momentum About Asantae Asantae
Holdings International Inc. (www.asantae.com) is a producer and
marketer of innovative nutritional products through a network of
independent distributors (Asantae Independent Affiliates).
Asantae's flagship product RealW8™ addresses the primary threat to
public health in the industrialized world; overweight and
obesity. Asantae's approach to this threat is based on a body
of research related to the brain chemistry of addiction, chronic
low-grade inflammation and oxidative stresses which, according to
scientific and medical research, are the underlying conditions for
most modern epidemic diseases (obesity, heart disease, diabetes,
stroke, some cancers, etc.). Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. Forward Looking
Statements Certain information in this news release is
forward-looking within the meaning of certain securities laws, and
is subject to important risks, uncertainties and assumptions. This
forward-looking information includes, among other things,
information with respect to the Company's beliefs, plans,
expectations, anticipations, estimates and intentions, including
the listing and trading of the Company's common shares on the
Exchange. The words "may", "could", "should", "would",
"suspect", "outlook", "believe", "anticipate", "estimate",
"expect", "intend", "plan", "target" and similar words and
expressions are used to identify forward-looking information. The
forward-looking information in this news release describes the
Company's expectations as of the date of this news release. The
results or events anticipated or predicted in such forward-looking
information may differ materially from actual results or events.
Material factors which could cause actual results or events to
differ materially from such forward-looking information include,
among others, the Company's ability to develop new products which
will receive market acceptance, to receive market acceptance in new
markets outside the United States, to engage and retain qualified
key personnel, employees and affiliates, to obtain capital and
credit and to protect its intellectual property rights. The Company
cautions that the foregoing list of material factors is not
exhaustive. When relying on the Company's forward-looking
information to make decisions, investors and others should
carefully consider the foregoing factors and other uncertainties
and potential events. The Company has assumed a certain
progression, which may not be realized. It has also assumed that
the material factors referred to in the previous paragraph will not
cause such forward-looking information to differ materially from
actual results or events. However, the list of these factors is not
exhaustive and is subject to change and there can be no assurance
that such assumptions will reflect the actual outcome of such items
or factors. THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS
RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE
OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER
SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON
FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS
INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO,
IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR
TIME. Asantae Holdings International, Inc CONTACT: Asantae Holdings
International Inc. Dan Lundell, CEO/COOdanlundell@asantae.com10153
E Hampton Ave, Ste 101, Mesa, AZ, 85209 USAPhone: 480-278-8712 /
Fax: 480-383-6147Sequoia Partners Inc.James
Beesleyjames@sequoiapartners.caPhone: 778-389-7715orAdam
Rabineradamr@sequoiapartners.ca Phone: 604-868-7881
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