Herborium Group Inc. Announces Record Financial Results For 2012
FORT LEE, N.J., Dec. 11, 2012 /PRNewswire/ -- Herborium
Group, Inc., (OTC Pink: HBRM) www.herborium.com, a Botanical
Therapeutics® Company is happy to provide an end of the year
report on Company's yearly results.
1. Market Activities:
- Average price of HBRM share at the end of fiscal year
(November 2012) increased 250% in
comparison to November 2011.
- November 2012 In comparison to
November 2011, HBRM daily trading
volume has increased over 220% (from over 1.3 million shares a day
to average of almost 5 million shares daily with some months
increased as high as 880%).
2. Sales and Margins:
- Herborium sales of AcnEase®, a proprietary Botanical
Therapeutic® for Acne with up to 96% of success rate, increased
over 23% for nine months of 2012, as reported. Considering 42%
increase in sales on Black Friday and Cyber Monday 2012 in
comparison to the same date for 2011, the end of the year sales
results is expected to be even higher.
- Gross Profit Margin for AcnEase for nine months of 2012
increased by 16.5% in comparison to 2011 (from 54.5% to 63.5%), as
reported. Further increase in Profit Margin is expected in the
fourth quarter of 2012.
3. Debt:
- In comparison to 2011, for the first nine months of 2012
Herborium has decreased its long term debt by 23% ($360K), as reported. Additional debt reduction
was achieved in fourth quarter of 2012 and will be reported in
details in an Annual Report.
4. Others:
- In 2011 Herborium had only one product on the market (AcnEase).
Presently it HBRM is represented in the market place by two high
potential products: AcnEase and Kamasutra™, with three additional
products: Lasting Energy® ( no caffeine, no-sugar no
amino-acids-energy health drink), unique Lasting Pleasure® for
Women, and Lasting Power® for Men, ready for deployment
in the beginning on 2013, and we are presently finalizing
various distribution agreements for those products.
- In 2012 Herborium diversified it's market presence with an
introduction of Kamasutra™ (the first herbaceutical science
endorsed adult alcoholic beverage) that took the sector by storm
selling three containers in less than two months; it is
already established in New Jersey
and New York. Further national
expansion is expected in 2013.
- Herborium' AcnEase Facebook Media Reach for the end of 2011 was
around 5,000. Today it is over 55,000.
- New, state of the art www.acnease.com and upgraded
www.herborium.com as well as pre-launch www.herboriumsh.com and
www.lastingenergy.com has been deployed in 2012.
- Multiple brand building events have taken place in 2012
including USA Today Editorial,
National Radio and TV spots and interviews, NAIB presentation and
National Publicity Summit in NYC;
www.acne.org and www.Examiner.com reviews and others.
"We are truly proud of our Team for achievements of 2012 and
will continue our march towards profitability, strong market
presence and increasing investor's value in 2013," stated Dr.
Agnes P. Olszewski, Herborium's CEO
and Chairwoman.
About Herborium Group, Inc.
Herborium Group, Inc., a Botanical Therapeutics® company,
focuses on developing, licensing, and marketing proprietary,
botanical based medicinal products to consumers and healthcare
professionals. The Company uses clinical validation to
establish and maintain a differential advantage. The company
sells its products in the US and Europe. For more information on the company
and its products, please visit www.herborium.com,
www.acnease.com and www.herboriumsh.com.
One of our most important responsibilities is to communicate
with shareholders in an open and direct manner. Comments are based
on current management expectations, and are considered
"forward-looking statements," generally preceded by words such as
"plans," "expects," "believes," "anticipates," or "intends." We
cannot promise future returns. Our statements reflect our best
judgment at the time, and we disclaim any obligation to update or
alter forward-looking statements as the result of new information
or future events. The Company urges investors to review the risks
and uncertainties contained within its filings with the OTC Markets
and/or Securities and Exchange Commission.
For more information please inquire:
Investorsrelations@herborium.com
SOURCE Herborium Group, Inc.