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avidus management group inc (ASNHF) Snapshot

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02/14/14 - $0.09
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12/3/14 - $0.04
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avidus management group inc (ASNHF) Details

Avidus Management Group Inc. produces and markets nutritional products through direct and network marketing channels in the United States and internationally. Its products include ingredients to reduce chronic low-grade inflammation and oxidative stresses, which are the underlying conditions for various epidemic diseases, such as diabetes, heart disease, obesity, stroke, etc. The company’s principal products include RealW8, a weight loss supplement; Asantae Java, an antioxidant coffee; HeartShot, a nutritional supplement designed to reduce chronic inflammation and oxidative stress in the body by combining anti-inflammatory and anti-oxidant ingredients; and Amune Plus, which provides daily support to the structure and function of the immune system. The company was formerly known as Asantae Holdings International Inc. and changed its name to Avidus Management Group Inc. in May 2013. Avidus Management Group Inc. was incorporated in 2006 and is based in Mesa, Arizona.

avidus management group inc (ASNHF) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $110.8K
Co-Founder, Chairman, Chief Operating Officer...
Total Annual Compensation: $155.4K
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

avidus management group inc (ASNHF) Key Developments

Avidus Management Group Inc., Annual General Meeting, Nov 20, 2014

Avidus Management Group Inc., Annual General Meeting, Nov 20, 2014., at 10:00 Pacific Standard Time. Location: McMillan Suite # 1500. Agenda: To receive and consider the audited consolidated financial statements of the company for its financial year ended December 31, 2013, and the report of the company's auditor thereon; to determine the number of directors at four; to elect directors of the company for the ensuing year; to appoint an auditor of the company for the ensuing year; to approve an ordinary resolution to approve the continuation of the company's share option plan; to consider any amendment to or variation of a matter identified in this Notice; and to transact such other business as may properly come before the Meeting or adjournments thereof.

Avidus Management Group Inc. Announces Earnings Results for the First Quarter March 31, 2014

Avidus Management Group Inc. announced earnings results for the first quarter March 31, 2014. For the quarter, the company reported $652,000 in revenue, compared to $772,000 for the same period in first quarter of 2013, a decrease of $120,000. The company attributes the decrease to an overall slowing of recruiting activities in mid-2013. Net loss was $552,302, or $0.01 per share compared to $54,837 for the same three-month period in 2013. The increase in the net loss is primarily due to the one-time administrative and transactional costs associated with the Akea acquisition.

Avidus Management Group Inc. Auditor Raises 'Going Concern' Doubt

Avidus Management Group Inc. filed its Annual on Apr 30, 2014 for the period ending Dec 31, 2013. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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