Northern, WI 4/4/12 (StreetBeat) -- Looking to move into profitability in Q2, Asantae Holdings International Inc. (Pink Sheets: ASNHF) reported record sales of RealW8™, its flagship nutritional product, in the first quarter of 2012. Highlights from the first three months of 2012 included,
• Total Auto Ship (recurring) orders in Q1 2012 increasing over 200% compared to Q4 2011, and grew faster than predicted in Q1 2012 at an average monthly rate of 27%
• Newly recruited Affiliates and Preferred Customers in Q1 2012 rose 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.
• Total units sold of over 7,400 for Q1 2012, an increase of over 280% over units sold in Q4 2011, and an average monthly growth rate in Q1 2012 of approximately 51%, indicating a steeper than expected sales growth trajectory.
"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,” said Asantae CEO Dan Lundell. “[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’s RealW8™ product was formulated by cardiologist Dr. Dwight Lundell to address the overweight and obesity rates increasing around the world and many of the related morbidities. The approach is based upon 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.).
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