Whole Living, Inc. (OTC-BB:WLIV), dba Brain Garden, announced estimated revenues of $550,760 for July.
That is a 10% increase compared to sales for July of 2000. Whole Living also announced that it cut its losses by over 70% compared to the average monthly loss during the first six months of 2001.
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“With over 13 years of experience in the Multi-Level Marketing industry, I have seen the summer months to typically be very slow sales months,” said Ron Williams, President of Whole Living, Inc. “We are excited about our continued growth, especially during these slow summer months and have done many things to cut our losses and increase our sales including restructuring management, adjusting margins on our products as well as bringing our shipping/warehousing and order entry in-house.”
Whole Living anticipates August to be the first profitable month for the company. “With all the preliminary work done in Japan and the official launch of the customer service/distributor training center set for September 1st and our overall costs much more in line, the third and fourth quarters look extremely promising,” said Mr. Williams. “We have worked very hard to improve our business model and now that we are coming out of the slow sales months of summer, we feel that we are poised to see tremendous growth.”
Whole Living, Inc. (OTC-BB:WLIV) is a premier whole- foods nutrition company in the direct-selling industry, with premium products reaching consumers throughout the USA, Canada, Australia, New Zealand and Japan.
For additional information, visit the company website at www.thebraingarden.com or contact Kyle Carter, Investor Relations of Whole Living, Inc. at 801/772-3300. Brokers and Analysts may contact Columbia Financial Group at 888/301-6271.
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By GlobalDataThe above statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Whole Living, Inc. beliefs, expectations, hopes or intentions regarding the future.
All forward-looking statements are made as of the date hereof and based on information available to Whole Living, Inc. as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements.
Factors that could affect results to differ materially include risks and uncertainties such as technological, legislative, and marketplace changes.
