VANCOUVER, Feb. 29, 2012 /CNW/ - 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, provided a review of the 2011
Dan Lundell, Asantae's CEO said, "2011 was a transformative year for
Asantae. Among our numerous accomplishments was the successful
development and rollout out of our flagship weight loss product, RealW8™. We believe that the Company is now positioned for rapid and
Achievements and Objectives
In the last two quarters of 2011, the Company successfully achieved the
following strategic initiatives:
Completed final development of and pre-launched RealW8™ in late August. RealW8™ is our revolutionary new weight loss product
that blunts sugar spikes, reduces carb cravings and helps people stay
satiated and break the carb addiction cycle.
Completed entire corporate rebranding
Updated all company literature, brochures, web and marketing collateral
Created and deployed new, more lucrative "binary" style compensation
plan for Asantae Independent Affiliates which has facilitated increased
growth and recruiting
Deployed new, more robust business software platform to accommodate
growth and enhance the user experience for our Independent Affiliates
Grew the ranks of Active Affiliates by over 100% during the pre-launch
phase (September - December 2011)
Increased operational efficiency by trimming overhead and focused
capital expenditures to match new strategic initiatives
Restructured management team to implement a new corporate vision and
oversee the expected growth in 2012 and beyond
Asantae Holdings International Inc. (www.asantae.com) (TSXV: JVA, OTC PINK: ASNHF) 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.
SOURCE Asantae Holdings International, Inc
For further information:
Asantae Holdings International Inc.
Dan Lundell, CEO/COO
10153 E Hampton Ave, Ste 101, Mesa, AZ, 85209 USA
Phone: 480-278-8712 / Fax: 480-383-6147
Sequoia Partners Inc.