This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Asantae Reports Record Q1 Network Growth Metrics

Stocks in this article: JVA

VANCOUVER, BC and MESA, AZ, April 3, 2012 /PRNewswire/ - Asantae Holdings International Inc. (TSXV: JVA, OTC PINK: ASNHF) ("Asantae" or the "Company"), a producer and marketer of innovative nutritional products through a network of independent distributors, today reported record growth metrics in several key areas from the first quarter just completed, and their impact on the Company's 2012 objectives.

Dan Lundell, Asantae's CEO, stated, "In our 2012 Outlook press release in early March we laid out several concrete objectives for 2012 including crossing into profitability in Q2 and achieving record revenues this year.  We are pleased to report that we are ahead of our internal projections regarding profitability and expect to meet our objective of cash flow positive in Q2 2012.   As the metrics that we are releasing below indicate, we are well positioned for continued rapid growth in Q2.   Further, we reiterate our guidance that Asantae will be cash flow positive for the balance of 2012."

Asantae Affiliate Recruiting Mr. Lundell explained, "Affiliate recruiting is the lifeblood of a network marketing business and a key indicator of momentum and growth."

Newly recruited Affiliates and Preferred Customers in Q1 2012 is up over 310% compared to Q4 2011, and is growing in Q1 2012 at an average monthly rate of approximately 48%, significantly out-pacing internal expectations.

Auto Ship Growth "Auto Ship or recurring orders are an important indicator of retention and the health of the repeat consumption base of the business.  Projected auto ships provide insight into recruitment quality," said Mr. Lundell.

Total Auto Ship (recurring) orders in Q1 2012 are up over 200% compared to Q4 2011, and grew in Q1 2012 at an average monthly rate of 27%, solidly ahead of expectations and trending upwards.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs