10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X]

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES

EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2013

[  ]

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES

EXCHANGE ACT OF 1934

For the transition period from ___ to ___

Commission file number: 000-26973

FOREVERGREEN WORLDWIDE CORPORATION

(Exact name of registrant as specified in its charter)

Nevada                                                                                     (State or other jurisdiction of incorporation or organization)	87-0621709                                         (I.R.S. Employer Identification No.)
972 North 1430 West, Orem, Utah          (Address of principal executive offices)	84057        (Zip Code)

(801) 655-5500

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.      Yes [X]   No [  ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   Yes [X]    No [   ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.:

Large accelerated filer [  ] Non-accelerated filer [  ] Accelerated filer [  ] Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes [   ]   No [X]

The number of shares outstanding of the registrant’s common stock as of May 16, 2013 was 15, 212,141.

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TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION

Item 1.  Financial Statements

2

Condensed Consolidated Balance Sheets

3

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

4

Condensed Consolidated Statements of Cash Flows

5

Notes to the Condensed Consolidated Financial Statements

6

Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations

13

Item 3.  Quantitative and Qualitative Disclosures about Market Risk

16

Item 4.  Controls and Procedures

17

PART II – OTHER INFORMATION

Item 1A.  Risk Factors

17

Item 6.  Exhibits

18

Signatures

19

PART I – FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

The financial information set forth below with respect to our statements of operations for the three month periods ended March 31, 2013 and 2012 is unaudited.  This financial information, in the opinion of management, includes all adjustments consisting of normal recurring entries necessary for the fair presentation of such data.  The results of operations for the three month period ended March 31, 2013 are not necessarily indicative of results to be expected for any subsequent period.  

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ForeverGreen Worldwide Corporation
Condensed Consolidated Balance Sheets

		March 31, 2013		December 31, 2012
		(Unaudited)		(Unaudited Restated)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	191,187	$	89,253
Accounts Receivable		286,720		273,366
Prepaid expenses		46,002		95,769
Inventory		677,876		532,166
Total Current Assets		1,201,785		990,554
PROPERTY AND EQUIPMENT, net		74,217		85,139
OTHER ASSETS
Deposits and other assets		68,473		68,393
Trademarks, net		49,648		50,193
Customer base, net		320,964		342,360
Total Other Assets		439,085		460,946
TOTAL ASSETS	$	1,715,087	$	1,536,639
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES
Bank overdraft	$	204,949	$	49,875
Accounts payable		985,589		852,388
Accrued expenses		2,784,751		2,556,290
Deferred Revenue		23,429		113,085
Due to related parties		56,043		76,765
Banking line of credit		20,020		97,039
Current portion of long-term debt		2,123		2,096
Notes payable, related parties		922,478		922,478
Convertible notes payable, related parties		245,000		245,000
Convertible notes payable, unrelated parties
net discount ($6,134 and $9,805, respectively)		1,076,082		1,023,670
Total Current Liabilities		6,320,464		5,938,686
LONG-TERM DEBT
Notes payable		17,973		18,001
Total Long-Term Debt		17,973		18,001
Total Liabilities		6,338,437		5,956,687
STOCKHOLDERS' DEFICIT
Preferred stock; no stated par value; authorized           10,000,000 shares; no shares issued or outstanding		--		-
Common stock, par value $0.001 per share;            authorized 100,000,000 shares;15,212,141 and            15,212,141 shares respectively issued and outstanding		15,212		15,212
Additional paid-in capital		30,982,977		30,973,230
Other comprehensive income (loss)		(46,390)		(44,796)
Accumulated deficit		(35,575,149)		(35,363,694)
Total Stockholders' Deficit		(4,623,350)		(4,420,048)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	1,715,087	$	1,536,639

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The accompanying notes are an integral part of these condensed consolidated financial statements.

ForeverGreen Worldwide Corporation

Condensed Consolidated Statement of Operations and Comprehensive Loss

(Unaudited)

		Three months ended March 31,
		2013		2012
REVENUES, net	$	2,694,478	$	3,600,356
COST OF SALES, net		1,916,983		2,656,337
GROSS PROFIT		777,495		944,019
OPERATING EXPENSES
Salaries and wages		519,890		556,595
Professional fees		119,877		138,993
Depreciation and amortization		37,916		54,116
General and administrative		195,503		256,228
Total Operating Expenses		873,186		1,005,932
NET OPERATING LOSS		(95,691)		(61,913)
OTHER EXPENSE
Interest expense		(116,379)		(64,978)
Other Income		615
Total Other Expense		(115,764)		(64,978)
Loss from continuing operations before income tax provision
Income Tax Benefit		(211,455)		(126,891)
NET LOSS	$	(211,455)	$	(126,891)
BASIC AND DILUTED LOSS
PER COMMON SHARE	$	(0.01)	$	(0.01)
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING		15,212,141		14,892,141
COMPREHENSIVE INCOME (LOSS)
A Summary of the components of other comprehensive  loss      for the quarters ended March 31, 2013 and 2012 are as follows:
Net Loss	$	(211,455)	$	(126,891)
Other Comprehensive Loss		(1,594)		(40,303)
Comprehensive  Loss	$	(213,049)	$	(167,194)

The accompanying notes are an integral part of these condensed consolidated financial statements.

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ForeverGreen Worldwide Corporation

Condensed Consolidated Statement of Cash Flows

(Unaudited)

		For the three months March 31,
		2013		2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss	$	(211,455)	$	(126,891)
Adjustments to reconcile net loss to net cash used in        operating activities:
Depreciation and amortization		33,078		54,116
Debt discount amortization		13,359		--
Expenses paid on behalf of the Company		3,740
Changes in operating assets and liabilities:
Accounts receivable		(12,862)		(20,379)
Prepaid expenses		56,940		(83,506)
Inventory		(145,051)		36,543
Accounts payable		101,133		8,563
Accrued expenses		205,096		210,856
Deferred revenue		(89,656)		--
Net Cash Used in Operating Activities		(45,678)		79,302
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash paid for trademarks		--		(1,082)
Purchases of property and equipment		(5,348)		(14,793)
Net Cash Used in Investing Activities		(5,348)		(15,875)
CASH FLOWS FROM FINANCING ACTIVITIES:
Bank overdraft		155,581		8,520
Net proceeds from revolving bank line of credit		(77,019)		(76,074)
Payments on notes payable		28		--
Payments on convertible notes payable		(5,000)		--
Proceeds from convertible notes payable		50,000		--
Proceeds from notes payable - related parties		--		70,000
Payments on notes payable -related parties		--		(40,000)
Net Cash Provided by (Used in) Financing Activities		123,590		(37,554)
Effect of Foreign Currency on Cash		29,370		(39,668)
NET INCREASE (DECREASE) IN CASH		72,564		(13,795)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		89,253		223,099
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	191,187	$	209,304
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest	$	1,049	$	18,691
Cash paid for income taxes	$	--	$	--

The accompanying notes are an integral part of these condensed consolidated financial statements.

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FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 1 – CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The accompanying consolidated financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows as of and for the period ended March 31, 2013 and for all periods presented have been made.

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s December 31, 2012 audited financial statements as reported in its Form 10-K. The results of operations for the three-month period ended March 31, 2013 are not necessarily indicative of the operating results for the full year ended December 31, 2013.

NOTE 2 – GOING CONCERN

The Company's financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern. The Company has incurred operating losses during the three months ended March 31, 2013 of $211,455 and has an accumulated net loss totaling $35,575,149. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying consolidated financial statements are prepared on the basis of accounting principles generally accepted in the United States of America. The Company is currently in the development stage and has not realized significant sales through March 31, 2013. A development stage company is defined as one in which all efforts are devoted substantially to establishing a new business and even if planned principal operations have commenced, revenues are insignificant.

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FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued

Principles of Consolidation

The consolidated balance sheets and statement of operations at March 31, 2013 include the books of ForeverGreen Worldwide Corporation (Nevada) and its wholly owned subsidiaries. All intercompany transactions and balances have been eliminated in the consolidation.

Foreign Currency Translation

The Company’s functional currency is recorded in various currencies, corresponding to the various foreign subsidiaries and its reporting currency is the United States dollar. Management has adopted ASC 830-20, “Foreign Currency Matters – Foreign Currency Transactions”. All assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. For revenues and expenses, the weighted average exchange rate for the period is used.  Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in other comprehensive loss.

Use of Estimates

The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Fair Value of Financial Instruments

The carrying amounts reported in the balance sheets for accounts receivable, accounts payable and accrued liabilities approximate fair value because of the immediate or short-term nature of these financial instruments. The carrying amounts reported for notes payable approximate fair value because the underlying instruments are at interest rates which approximate current market rates.

Basic and Diluted Loss Per Share

Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed by dividing net loss by the weighted-average number of common shares and dilutive potential common shares outstanding during the period. Our potentially dilutive shares, which include outstanding common stock options, common stock warrants and convertible debentures, have not been included in the computation of diluted net loss per share attributable to common stockholders for all periods presented, as the results would be anti-dilutive. Such potentially dilutive shares are excluded when the effect would be to reduce net loss per share. There were 15,755 and -0- such potentially dilutive shares excluded as of March 31, 2013 and 2012, respectively.

Revenue Recognition

Revenues and costs of revenues are recognized during the period in which the products are provided. The Company applies the provisions of FASB Accounting Standards Codification (“ASC”) 605-10, Revenue Recognition in Financial Statements ASC 605-10, which provides guidance on the recognition, presentation, and disclosure of revenue in financial statements filed with the SEC. ASC 605-10 outlines the basic criteria that must be met to recognize revenue and provides guidance for disclosure related to revenue recognition policies. In general, the Company recognizes revenue for sale of products when (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) the fee is fixed or determinable, and (iv) collectability is reasonably assured.

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FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – continued

Revenue Recognition - continued

The Company’s source of revenue is from the sale of various food and other natural products. The Company recognizes the sale upon shipment of such goods. The Company offers a 100% satisfaction guarantee against defects for 30 days after the sale of their product except for a few circumstances. The Company extends this return policy to its distributors for a 30 day period and the consumer has the same

return policy in effect against the distributor. All conditions of ASC 605-10 are met and the revenue is recorded upon sale, with an estimated allowance for returns where material.

Inventory

Inventory is recorded at the lower of cost or market and valued on a first-in, first-out basis. Inventory consists primarily of consumable food products and ingredients. Food products are discarded as they reach the expiration dates, because the food products are made with natural foods containing a minimum of preservatives. Non-food products are reviewed periodically to determine any obsolescence and a reserve is booked when appropriate. The products have expiration dates that range from 3 months on some of the food products to 2 years for non-food products. On March 31, 2013 and December 31, 2012 an allowance for obsolete inventory has been recorded in the amount of $45,660 and $45,660, respectively.

Accounts Receivable

Accounts receivable arise from doing business with third party distributor centers in various locations throughout South America. The accounts receivable are made up of fees owed by the distribution centers to the Company for the right to do business in our name. The Company evaluates the need for an allowance for doubtful accounts when it is determined that collection amounts owed is unlikely. No allowance has been recorded at March 31, 2013 and December 31, 2012, accordingly.

Distributors are required to pay for products prior to shipment. Distributors typically pay for products in cash, by wire transfer or by credit card. Accordingly, the Company seldom carries accounts receivable from distributors that are not distribution centers and any balances carried would be minimal.

Valuation of Long-lived Assets

In accordance with ASC 360-10, the carrying values of the Company’s long-lived assets are reviewed for impairment annually and whenever events or changes in circumstances indicate that they may not be recoverable. The Company records impairment of long-lived assets to be held and used or to be disposed of when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the carrying amount.  The Company’s analysis did not indicate any impairment of assets as of March 31, 2013 and 2012.

Intangible Assets

Intangible assets consist of patent costs, trademark costs and the customer base. Patent costs are costs incurred to develop and file patent applications. Trademark costs are costs incurred to develop and file trademark applications. If the patents or trademarks are approved, the costs are amortized using the straight-line method over the estimated lives of 7 years for patents and 10 years for trademarks. Unsuccessful patent and trademark application costs are expensed at the time the application is denied. Management assesses the carrying values of long-lived assets for impairment when circumstances warrant such a review. In performing this assessment, management considers current market analysis of the technology and future cash flows.

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FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – continued

Intangible Assets - continued

The Company recognizes impairment losses when undiscounted cash flows estimated to be generated from long-lived assets are less than the net carrying amount of intangible assets. No impairment was recognized accordingly, during the periods ended March 31, 2013 and 2012.

Reclassification of Financial Statement Accounts

Certain amounts in the December 31, 2012 financial statements have been reclassified to conform to the presentation in the March 31, 2013 financial statements.

New Accounting Pronouncements

After evaluating the recent accounting pronouncements through the date of this filing, the Company has concluded that application of these pronouncements will have no material impact on the Company’s financial results.

NOTE 4 – NOTES PAYABLE

Long-term notes payable

Long term liabilities are detailed in the following schedules as of March 31, 2013 and December 2012:

	March 31, 2013	December 31, 2012
Note payable to financial institution bearing interest
At 7%, principle and interest due monthly, matures
August, 2019, secured by equipment	$20,096	$20,097
Less current portion of Notes payable	(2,123)	(2,096)
Net Long-Term Liabilities	$17,973	$18,001

Current notes payable

AMOUNT	TYPE	CONVERSION RATE PER SHARE	ORIGINATION DATE	INTEREST RATE	DUE DATE
$ 485,000	Related party	NA	12/9/2008	10%	Due on demand
$ 437,478	Related party	NA	7/31/2009	10%	12/31/2013
$ 45,000	Convertible, Related party	.15	10/7/2010	14%	09/30/2012 *
$ 200,000	Convertible, Related party	.20	1/19/2011	14%	07/31/2012 *
$ 394,962	Convertible, Non-related	.20	1/19/2011	10%	07/31/2012 *
$ 100,000	Convertible, Non-related	.20	3/14/2011	14%	07/31/2012 *

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FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 4 – NOTES PAYABLE - continued

Current notes payable - continued

AMOUNT	TYPE	CONVERSION RATE PER SHARE	ORIGINATION DATE	INTEREST RATE	DUE DATE
$ 281,758	Convertible, Non-related	.20	5/26/2011	10%	07/31/2012 *
$ 231,756	Convertible, Non-related	.20	3/9/2010	15%	01/01/2012 *

All notes with an * were in default as of 3/31/2013.  The Company and the lenders are discussing consolidating the defaulted notes into new notes before June 30, 2013.

On December 3, 2012 the Company secured a $200,000 line of credit from an unrelated third party. Under the terms and conditions of the line of credit the Company can draw against the line as needed to fund operations. The line has a fixed interest rate of 10% per annum and the principle amount of all draws and outstanding interest is due and payable on or before June 30, 2013.  The note has a conversion feature that provides the creditor with the option to convert any outstanding balance of the note to the Company's restricted common shares at $0.08 per share. The line of credit is secured by the Company's assets including, but not limited to, business furniture, fixtures equipment and up to 2,500,000 restricted shares held in escrow.

On December 28, 2012 the Company entered into a promissory note agreement of $25,000, under the terms of the $200,000 line of credit to fund its operations. The Company recognized a beneficial conversion feature discount of $10,000 of which $7,892 and $195 has been recognized as interest expense during the periods ending March 31, 2013 and December 31, 2012, respectively.

On January 11, 2013, the Company entered into a convertible promissory note agreement of $25,000, under the terms of the $200,000 line of credit to fund its operations. The Company recognized a beneficial conversion feature discount of $9,688 of which $5,467 has been recognized as interest expense during the period ending March 31, 2013.

On February 19, 2013, the Company entered into a convertible promissory note agreement of $28,740, under the terms of the $200,000 line of credit in exchange for expenses of $3,740 paid on behalf of the Company and cash of $25,000. No beneficial conversion feature exists in connection with this promissory note.

NOTE 5 - COMMITMENTS AND CONTINGENCIES

On June 13, 2012, Environmental Research Center, a non-profit corporation, filed a complaint in the Superior Court of California, County of Orange, against ForeverGreen Worldwide Corporation and ForeverGreen International, LLC. ForeverGreen Worldwide received service of the complaint on July 29, 2012. The complaint alleges that the Company failed to provide health hazard warnings related to lead to consumers of its products in California. Environmental Research Center is seeking injunctive relief, an order compelling the Company to provide the health hazard warnings to past consumers and unspecified civil penalties. The Complaint contains two alleged causes of action. Both allege violations of Health and Safety Code §25249.5 and seek injunctive relief as well as damages of $2,500 per day for each violation alleged. The Company has engaged legal counsel to vigorously defend against these allegations.

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FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 6 – INVENTORY

Inventories for March 31, 2013 and December 2012 were classified as follows:

		2013		2012
Raw Materials	$	241,197	$	100,788
Finished Goods		482,339		477,038
Total Inventory		723,536		577,826
Less Reserve for Obsolete Inventory		(45,660)		(45,660)
Total Inventory (net of reserve)	$	$ 677,876	$	532,166

NOTE 7 – RELATED PARTY TRANSACTIONS

Company officers have paid for expenses on behalf of the Company from time to time, which amounts are non-interest bearing and are due on demand. These amounts are recorded as due to related parties amounting to $56,043 and $ 76,765 at March 31, 2013 and December 31, 2012, respectively.

NOTE 8 – SUBSEQUENT EVENTS

On April 19, 2013, the Company entered into a convertible promissory note agreement of $21,205, under the terms of the $200,000 line of credit (see Note 4) in exchange for expenses of $9,455 paid on behalf of the Company and cash of $11,760. No beneficial conversion feature exists in connection with this promissory note.

NOTE 9 – INTANGIBLE ASSETS

Trademarks

The Company capitalizes legal fees incurred to register trademarks for its products.  The Company amortizes the trademarks over a period of ten years.  Trademarks consist of the following:

	March 31, 2013	December 31, 2012
Trademarks	85,320	$    85,320
Less accumulated amortization	(35,672)	(35,127)
Net trademarks	49,648	$    50,193

Amortization expense for trademarks of approximately $6,920 per year will be recorded over the next five years, with $15,048 of remaining expense thereafter.

Customer Base

The customer base intangible asset was calculated using a percentage of the gross margin of ForeverGreen International LLC. The Company amortizes the customer base over a period of ten years.

Trademarks consist of the following:

	March 31, 2013	December 31, 2012
Customer Base	855,900	$    855,900
Less accumulated amortization	(534,936))	(513,540)
Net trademarks	320,964	$    342,360

Amortization expense for the Customer Base  of approximately $85,590 per year will be recorded over the next four years.

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FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 10 ­– RESTATEMENT OF PREVIOUSLY AUDITED FINANCIAL STATEMENTS

As of May 15, 2013 the Company determined that it needed to restate its audited financial statements for the year ended December 31, 2012, as contained in its Annual Report on Form 10K, filed April 16, 2013. In preparation of the Company’s unaudited financial statements as of March 31, 2013 and for the three months ended March 31, 2013 and 2012, the Company determined that it had understated revenue for the fiscal year 2012.

As a result, the Company overstated its net loss by $94,649, for the year ended 2012. The result from the change was a decrease in accumulated deficit ($35,363,694 restated), an increase in accounts receivable ($143,064 restated), and an increase in accrued expenses ($48,405 restated). No effect on Loss per share (see Note 3) resulted.

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In this report references to “ForeverGreen,” “we,” “us,” “our,” and “the Company” refer to ForeverGreen Worldwide Corp. and its subsidiary.

NOTE REGARDING FORWARD LOOKING STATEMENTS

The U.S. Securities and Exchange Commission (“SEC”) encourages reporting companies to disclose forward-looking information so that investors can better understand future prospects and make informed investment decisions.  This report contains these types of statements.  Words such as “may,” “expect,” “believe,” “anticipate,” “estimate,” “project,” or “continue” or comparable terminology used in connection with any discussion of future operating results or financial performance identify forward-looking statements.  You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report.  All forward-looking statements reflect our present expectation of future events and are subject to a number of important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

ITEM 2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Executive Overview

ForeverGreen Worldwide is a holding company which operates through its wholly-owned subsidiary, ForeverGreen International, LLC.  

We intend to continue our emphasis as a total lifestyle company focused on bringing our domestic and international Members and customers the exclusive FrequenSea™ product, any new products and ForeverGreen Compensation Plan earnings and commissions.   In addition, our focus is to assist prospective Members in creating a home based business with home business training, mentorship and accountability to promote our residual income stream opportunities.  We also intend to provide organic chocolates, weight management products, convenient whole foods for meals and snacks, personal care products and essential oils to our domestic Members and customers.  As our international markets mature, additional ForeverGreen products may also be introduced in each international market.  We will seek relations with key vendors to continue developing cutting edge products that are exclusive to our Members.

The Company has simplified is message and products under the philosophy of Restoration Biology, branded as “RESTORATION90”. Management believes this will allow a great ease of entry to our many products and there uses to support the body’s needs.

We introduced the FG Xpress brand in November of 2012 and we have since seen the sales trend averaging a 30% sales growth per month since the launch.  With this global, seamless, Not For Resale program, we were able to attract industry leaders around the world and we project increased sales in 2013.  Management believes the improved sales will continue for the next 18 to 24 months.

Our major challenge for the next twelve months will be to respond to the economic conditions and properly manage our systems and logistics centers around the world to support the demand for our products and the business opportunity.  Included in this challenge is the need to continue to create a customer service and Member satisfaction level at the highest quality.  Overcoming economic down turns will require skilled personnel, and manufacturing and shipping facilities.  Management intends to modify our operating activities, especially production and order fulfillment, for the current economic environment as well as prepare the Company for the upturn of demand as people continue to look for other income

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opportunities and choose ForeverGreen as the Company they can align with for their future.

We are expanding our markets and exclusive products and we anticipate the need to expand our international logistics centers.  The rewards from this expansion include increased sales and diversified market incomes.  International expansion is very expensive and key Members must experience rapid growth to be profitable in a foreign country.

Liquidity and Capital Resources

At March 31, 2013 we had cash and cash equivalents of $191,187 compared to $ 89,253 at December 31, 2012, with a working capital deficit of $5,118,679.  We recognized revenues of $2,694,478 for the quarterly period ended March 31, 2013 (“2013 first quarter”) and recorded a net loss of $211,455 compared to $3,600,356 in revenues and a net loss of $126,891 for the quarterly period ended March 31, 2012 (“2012 first quarter”).   Cash used in operations of $45,678 resulted primarily the reduction of payables and accrued expenses, decrease in inventory and deferred revenue. Cash provided by financing activities of $123,590 was the result of the increase in overdrawn bank of $155,581, offset by payments on the banking line of credit of $77,019, and proceeds from convertible notes payable of $50,000.  

Management continues to negotiate better costs and terms with our key vendors to lower our cost of goods sold.   New products have been and will continue to be introduced to bolster Member recruiting and product sales.  In addition, management intends to improve our marketing plan to enhance overall profitability.  Our management will continue to scrutinize expenses related to our operating activities and order fulfillment to determine appropriate actions to take to reduce these costs; however, we cannot guarantee that we will be able to return to profitability in the short term.  

Management anticipates that any future additional capital needed for cash shortfalls will be provided by debt financing.  We may pay these loans with cash, if available, or convert these loans into common stock.  We may also issue private placements of stock to raise additional funding.  Any private placement likely will rely upon exemptions from registration provided by federal and state securities laws.  The purchasers and manner of issuance will be determined according to our financial needs and the available exemptions.  We also note that if we issue more shares of our common stock, then our shareholders may experience dilution in the value per share of their common stock.  

Commitments and Contingent Liabilities

Our total liabilities at March 31, 2013 were $6,338,437 compared to $5,956,687 at December 31, 2012.  The increase is largely due to an increase of accounts payable of $133,201, and increase in accrued expenses of $228,461, an increase in bank overdraft of $155,074, a decrease in deferred revenue of $89,656, and a decrease in the banking line of credit of $77,019.  

On December 3, 2012 the Company secured a $200,000 line of credit from a third party. Under the terms and conditions of the line of credit the Company can draw against the line as needed to fund operations. The line has a fixed interest rate of 10% per annum and the principle amount of all draws and outstanding interest is due and payable on or before June 30, 2013.  The note has a conversion feature that provides the creditor with the option to convert any outstanding balance of the note to the Company's restricted common shares at $0.08 per share. The line of credit is secured by the Company's assets including, but not limited to, business furniture, fixtures equipment and up to 2,500,000 restricted shares held in escrow. Through March 31, 2013 the Company entered into promissory note agreements with current balances of $67,606 under the terms of the line of credit to fund its operations. The Company received cash to fund operations from the notes of $52,866 and expenses paid for by a third party of $14,740 under the terms of this line of credit.

At March 31, 2013 the Company was in default for an aggregate of $1,253,476 in notes payable and convertible notes payable.  The Company and the lenders are discussing consolidating the defaulted notes

14

into new notes within the next three months.

The following chart summarizes the consolidated financial statements of ForeverGreen Worldwide for the quarterly period ended March 31, 2013 and December 31, 2012.  The consolidated balance sheets include ForeverGreen Worldwide and its wholly-owned subsidiaries ForeverGreen International, LLC, Productos Naturales Forevergreen Internacional en Mexico S.A. de C.V., FVGR Colombia S.A.S., 3-101-607360 S.A. (a Costa Rican corporation), ForeverGreen Chile SpA, Forevergreen (Aust & NZ) Pty, Ltd, and ForeverGreen Singapore.  The following chart is a summary of our financial statements for those periods and should be read in conjunction with the financial statements, and notes thereto, included with this report at Part I, Item 1, above.

SUMMARY OF BALANCE SHEET		First quarter ended March 31, 2013		Year ended Dec. 31, 2012
		(Unaudited)
Cash and cash equivalents	$	191,187	$	89,253
Total current assets		1,201,785		990,554
Total assets		1,715,087		1,536,639
Total current liabilities		6,320,464		5,938,686
Long-term debt		17,973		18,001
Total liabilities		6,338,437		5,956,687
Accumulated deficit		(35,575,149)		(35,363,694)
Total stockholders’ equity	$	(4,623,350)	$	(4,420,048)

Results of Operations

The following chart summarizes the consolidated financial statements of ForeverGreen Worldwide for the quarterly periods ended March 31, 2013 and 2012.  The following chart is a summary of our financial statements for those periods and should be read in conjunction with the financial statements, and notes thereto, included with this report at Part I, Item 1, above.

SUMMARY OF OPERATIONS		First quarter ended March 31,
		2013		2012
Revenues, net	$	2,694,478	$	3,600,356
Cost of sales		1,916,983		2,656,337
Gross profit		777,495		944,019
Total operating expenses		873,186		1,005,932
Net income (loss) from continuing operations		(95,691)		(61,913)
Total other income (expense)		(115,764)		(64,978)
Net earnings (loss)		(211,455)		(126,891)
Net earnings (loss) per share (basic)	$	(0.01)	$	(0.01)

Our source of revenue is from the sale of various foods, other natural products, distributor sign up kits and freight and handling.  Sales are net of returns, which have historically averaged 1.6% of sales; however, for the 2013 first quarter returns were .977%, up slightly from .968% in the 2012 comparable period. Revenues for the 2013 first quarter decreased 25,16% ($905,878) compared to the same period in 2012. This was largely due to the introduction of FG Xpress. Even though sales are growing rapidly for this product, it interrupted the focus and sales of the Company’s existing products.  The FG Xpress sales did not grow fast enough during the first quarter to make up the difference lost in sales of ForeverGreen’s original products.

Cost of sales consists primarily of sales commissions paid to our distributors, the cost of procuring and packaging products, and the cost of shipping product to Members, plus credit card sales processing fees.  Cost of sales was approximately 71.14% of revenues for the 2013 first quarter.  This is an improvement compared to 73.78% of revenues for the 2012 first quarter. This is a cost savings of $739,354 for the first quarter over the same time period in 2012.  The decrease in the 2013 first quarter was mostly attributable to the decrease costs paid to our distributors and lowering our product costs and shipping costs.

Total operating expenses decreased in the 2013 first quarter by $132,746 compared to the 2012 first quarter.  Salaries and wages have decreased $36,705 for the 2013 first quarter over the 2012 first quarter. Professional fees decreased by $19,115. General and administrative expenses decreased by $60,726 for the 2013 first quarter as compared to the 2012 first quarter.  The decreases are due to management working to keep expenses in line with revenues.

Off-balance Sheet Arrangements

We have not entered into any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources and would be considered material to investors.

Critical Accounting Estimates

The excess of the consideration paid for subsidiaries over the fair value of acquired tangible assets less the fair value of acquired liabilities is assigned to intangible assets.  We rely on an independent third party valuation to ascertain the amount to allocate to identifiable intangible assets, and the useful lives of those assets.  We amortize identifiable intangible assets over their useful life unless that life is determined to be indefinite.  The useful life of an intangible asset that is being amortized is evaluated each reporting period as to whether events and circumstances warrant a revision to the remaining period of amortization.  

We calculated ForeverGreen International’s customer base intangible using a percentage of the gross margin of ForeverGreen International.  We will amortize the customer base over a period of ten years.  

We record impairment of long-lived assets to be held and used or to be disposed of when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the carrying amount. The Company did an annual analysis for the period ended December 31, 2012 and determined no adjustment to long-lived assets was needed. No impairment was recorded during the period ended March 31, 2013.

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable to smaller reporting companies.

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ITEM 4.  CONTROLS AND PROCEDURES

Disclosure Controls and Procedures

We maintain disclosure controls and procedures (as defined in Rule 13a-15(e) or 15d-15(e) under the Exchange Act) that are designed to ensure that information required to be disclosed in our filings under the Exchange Act is recorded, processed, summarized and reported within the periods specified in the rules and forms of the SEC.  This information is accumulated to allow timely decisions regarding required disclosure.  Our Chief Executive Officer, who also acts as our principal financial officer, evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report and concluded that our disclosure controls and procedures were not effective.  In May 2013 the Company determined that we needed to restate our audited financial statements for the year ended December 31, 2012 because we had understated revenue for the fiscal year 2012.  Management is currently preparing an amendment to the Form 10-K including the restated financial statements.

Changes to Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act).  Management conducted an evaluation of the effectiveness of our internal control over financial reporting based on the criteria set forth in “Internal Control - Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Our management has determined that there were changes made in the implementation of our internal controls over financial reporting during the first quarter of 2013 that have materially affected, or are reasonably likely to materially affect our internal control over financial reporting.  Due to the departure of our former Chief Financial Officer in October 2012 specific areas of ineffectiveness occurred during the fourth quarter of 2012, including:

·

Appropriate accounting system maintenance control was found to be lacking.

·

Appropriate vendor payable and expenditure control was found to be lacking.

·

Appropriate communications between departments was found to be lacking.

In response to this evaluation, management has taken action to institute new internal controls for subsequent reporting periods.

PART II – OTHER INFORMATION

ITEM 1A.  RISK FACTORS

Factors Affecting Future Performance

Actual costs and revenues could vary from the amounts we expect or budget, possibly materially, and those variations are likely to affect how much additional financing we will need for our operations.  

Management plans to increase sales and decrease expenses where appropriate to improve profitability.  Our future internal cash flows will be dependent on a number of factors, including:

•

The growth of the United States and the global economy;

•

Our ability to encourage our Members to sponsor new Members and increase their own personal sales;

•

Our ability to promote our product lines with our Members and customers;

•

Our ability to develop successful new exclusive product lines;

•

Our ability to obtain essential oil raw materials for some of our products;

•

Effects of future regulatory changes in the area of direct marketing, if any;

17

•

Our ability to remain competitive in our domestic and international markets; and

•

Our ability to decrease shipping time and expense.

Our expansion into foreign markets exposes our business to risks related to those economies which may result in loss of revenues.

We have entered into agreements with Members and suppliers in foreign countries and we may establish similar arrangements in other countries in the future.  As a result, our future revenues may be affected by the economies of these countries.  Our international operations are subject to a number of risks, such as, longer payment cycles, unexpected changes in regulatory environments, import and export restrictions and tariffs, difficulties in staffing and managing international operations, potentially adverse recessionary environments and economies outside the United States, and possible political and economic instability.  

ITEM 6.  EXHIBITS

Part I Exhibits

No.	Description
31.1	Chief Executive Officer Certification
31.2	Principal Financial Officer Certification
32	Section 1350 Certification

Part II Exhibits

No.	Description
3(i)	Articles of incorporation, as revised (Incorporated by reference to exhibit 3.1 for Form 8-K, as amended, filed December 18, 2006)
3(ii)	Bylaws, as revised (Incorporated by reference to exhibit 3.2 for Form 8-K, as amended, filed December 18, 2006)
10.1	Lease agreement between ForeverGreen International LLC and Rocky Mountain Development, LLC,  dated July 1, 2011 (Incorporated by reference to exhibit 10.1 to Form 10-K, filed May 18, 2012)
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Label Linkbase Document.
101.PRE	XBRL Taxonomy Presentation Linkbase Document.

18

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

FOREVERGREEN WORLDWIDE CORPORATION


By:  /s/ Ronald K. Williams          Ronald K. Williams          Chairman of the Board, President,          Chief Executive Officer and Principal Financial Officer




Date:  May 20, 2013

19

EX-31

Exhibit 31.1

CHIEF EXECUTIVE OFFICER CERTIFICATION

I, Ronald K. Williams, certify that:

1.

I have reviewed this quarterly report on Form 10-Q of ForeverGreen Worldwide Corporation;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statement made, in light of the circumstances under which statements were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report.

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))  for the registrant and have:

(a)  Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)  Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)  Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)  Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.

The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent function):

(a)  All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b)  Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:  May 20, 2013
/s/ Ronald K. Williams Ronald K. Williams Chief Executive Officer

EX-31

Exhibit 31.2

PRINCIPAL FINANCIAL OFFICER CERTIFICATION

I, Ronald K. Williams, certify that:

1.

I have reviewed this quarterly report on Form 10-Q of ForeverGreen Worldwide Corporation;

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statement made, in light of the circumstances under which statements were made, not misleading with respect to the period covered by this  report;

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report.

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)  Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)  Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)  Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)  Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.

The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent function):

(a)  All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b)  Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:  May 20, 2013
/s/ Ronald K. Williams Ronald K. Williams Principal Financial Officer

EX-32

Exhibit 32.1

FOREVERGREEN WORLDWIDE CORPORATION

CERTIFICATION OF PERIODIC REPORT

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

18 U.S.C. Section 1350

The undersigned executive officer of ForeverGreen Worldwide Corporation certifies pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 that:

a.

the quarterly report on Form 10-Q of ForeverGreen Worldwide Corporation for the quarter ended March 31, 2013 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

b.

the information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of ForeverGreen Worldwide Corporation.

  Date:  May 20, 2013


/s/ Ronald K. Williams Ronald K. Williams Chief Executive Officer Principal Financial Officer

XML

INVENTORY (Details) (USD $)	Mar. 31, 2013	Dec. 31, 2012
INVENTORY [Abstract]
Raw Materials	$ 241,197	$ 100,788
Finished Goods	482,339	477,038
Total Inventory	723,536	577,826
Less Reserve for Obsolete Inventory	(45,660)	(45,660)
Total Inventory (net of reserve)	$ 677,876	$ 532,166

XML

NOTES PAYABLE

3 Months Ended

Mar. 31, 2013

NOTES PAYABLE [Abstract]

NOTES PAYABLE

NOTE 4 - NOTES PAYABLE

Long-term notes payable

Long term liabilities are detailed in the following schedules as of March 31, 2013 and December 2012:

	March 31, 2013	December 31, 2012
Note payable to financial institution bearing interest
At 7%, principle and interest due monthly, matures
August, 2019, secured by equipment	$20,096	$20,097
Less current portion of Notes payable	(2,123)	(2,096)
Net Long-Term Liabilities	$17,973	$18,001

Current notes payable

AMOUNT	TYPE	CONVERSION RATE PER SHARE	ORIGINATION DATE	INTEREST RATE	DUE DATE
$ 485,000	Related party	NA	12/9/2008	10%	Due on demand
$ 437,478	Related party	NA	7/31/2009	10%	12/31/2013
$ 45,000	Convertible, Related party	.15	10/7/2010	14%	09/30/2012 *
$ 200,000	Convertible, Related party	.20	1/19/2011	14%	07/31/2012 *
$ 394,962	Convertible, Non-related	.20	1/19/2011	10%	07/31/2012 *
$ 100,000	Convertible, Non-related	.20	3/14/2011	14%	07/31/2012 *

AMOUNT	TYPE	CONVERSION RATE PER SHARE	ORIGINATION DATE	INTEREST RATE	DUE DATE
$ 281,758	Convertible, Non-related	.20	5/26/2011	10%	07/31/2012 *
$ 231,756	Convertible, Non-related	.20	3/9/2010	15%	01/01/2012 *

All notes with an * were in default as of 3/31/2013.  The Company and the lenders are discussing consolidating the defaulted notes into new notes before June 30, 2013.

On December 3, 2012 the Company secured a $200,000 line of credit from an unrelated third party. Under the terms and conditions of the line of credit the Company can draw against the line as needed to fund operations. The line has a fixed interest rate of 10% per annum and the principle amount of all draws and outstanding interest is due and payable on or before June 30, 2013.  The note has a conversion feature that provides the creditor with the option to convert any outstanding balance of the note to the Company's restricted common shares at $0.08 per share. The line of credit is secured by the Company's assets including, but not limited to, business furniture, fixtures equipment and up to 2,500,000 restricted shares held in escrow.

On December 28, 2012 the Company entered into a promissory note agreement of $25,000, under the terms of the $200,000 line of credit to fund its operations. The Company recognized a beneficial conversion feature discount of $10,000 of which $7,892 and $195 has been recognized as interest expense during the periods ending March 31, 2013 and December 31, 2012, respectively.

On January 11, 2013, the Company entered into a convertible promissory note agreement of $25,000, under the terms of the $200,000 line of credit to fund its operations. The Company recognized a beneficial conversion feature discount of $9,688 of which $5,467 has been recognized as interest expense during the period ending March 31, 2013.

On February 19, 2013, the Company entered into a convertible promissory note agreement of $28,740, under the terms of the $200,000 line of credit in exchange for expenses of $3,740 paid on behalf of the Company and cash of $25,000. No beneficial conversion feature exists in connection with this promissory note.

XML

RESTATEMENT OF PREVIOUSLY AUDITED FINANCIAL STATEMENTS (Details) (USD $)	3 Months Ended			12 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012	Dec. 31, 2012 Restatement Adjustment [Member]
Net Loss	$ (211,455)	$ (126,891)		$ 94,649
Accumulated deficit	(35,575,149)		(35,363,694)
Accounts receivable, net	286,720		273,366	143,064
Accrued expenses	$ 2,784,751		$ 2,556,290	$ 48,405

XML

INTANGIBLE ASSETS (Details) (USD $)	3 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Gross	$ 85,320	$ 85,320
Less accumulated amortization	(35,672)	(35,127)
Net	49,648	50,193
Weighted average useful life of intangible assets	10 years
Amortization expense to be recorded, year one	6,920
Amortization expense to be recorded, year two	6,920
Amortization expense to be recorded, year three	6,920
Amortization expense to be recorded, year four	6,920
Amortization expense to be recorded, year five	6,920
Amortization expense to be recorded, after year five	15,048
Customer Base [Member]
Finite-Lived Intangible Assets [Line Items]
Gross	855,900	855,900
Less accumulated amortization	(534,936)	(513,540)
Net	320,964	342,360
Weighted average useful life of intangible assets	10 years
Amortization expense to be recorded, year one	85,590
Amortization expense to be recorded, year two	85,590
Amortization expense to be recorded, year three	85,590
Amortization expense to be recorded, year four	$ 85,590

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

3 Months Ended

Mar. 31, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying consolidated financial statements are prepared on the basis of accounting principles generally accepted in the United States of America. The Company is currently in the development stage and has not realized significant sales through March 31, 2013. A development stage company is defined as one in which all efforts are devoted substantially to establishing a new business and even if planned principal operations have commenced, revenues are insignificant.

Principles of Consolidation

The consolidated balance sheets and statement of operations at March 31, 2013 include the books of ForeverGreen Worldwide Corporation (Nevada) and its wholly owned subsidiaries. All intercompany transactions and balances have been eliminated in the consolidation.

Foreign Currency Translation

The Company's functional currency is recorded in various currencies, corresponding to the various foreign subsidiaries and its reporting currency is the United States dollar. Management has adopted ASC 830-20, "Foreign Currency Matters - Foreign Currency Transactions". All assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. For revenues and expenses, the weighted average exchange rate for the period is used. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in other comprehensive loss.

Use of Estimates

The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Fair Value of Financial Instruments

The carrying amounts reported in the balance sheets for accounts receivable, accounts payable and accrued liabilities approximate fair value because of the immediate or short-term nature of these financial instruments. The carrying amounts reported for notes payable approximate fair value because the underlying instruments are at interest rates which approximate current market rates.

Basic and Diluted Loss Per Share

Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed by dividing net loss by the weighted-average number of common shares and dilutive potential common shares outstanding during the period. Our potentially dilutive shares, which include outstanding common stock options, common stock warrants and convertible debentures, have not been included in the computation of diluted net loss per share attributable to common stockholders for all periods presented, as the results would be anti-dilutive. Such potentially dilutive shares are excluded when the effect would be to reduce net loss per share. There were 15,755 and -0- such potentially dilutive shares excluded as of March 31, 2013 and 2012, respectively.

Revenue Recognition

Revenues and costs of revenues are recognized during the period in which the products are provided. The Company applies the provisions of FASB Accounting Standards Codification ("ASC") 605-10, Revenue Recognition in Financial Statements ASC 605-10, which provides guidance on the recognition, presentation, and disclosure of revenue in financial statements filed with the SEC. ASC 605-10 outlines the basic criteria that must be met to recognize revenue and provides guidance for disclosure related to revenue recognition policies. In general, the Company recognizes revenue for sale of products when (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) the fee is fixed or determinable, and (iv) collectability is reasonably assured.

The Company's source of revenue is from the sale of various food and other natural products. The Company recognizes the sale upon shipment of such goods. The Company offers a 100% satisfaction guarantee against defects for 30 days after the sale of their product except for a few circumstances. The Company extends this return policy to its distributors for a 30 day period and the consumer has the same

return policy in effect against the distributor. All conditions of ASC 605-10 are met and the revenue is recorded upon sale, with an estimated allowance for returns where material.

Inventory

Inventory is recorded at the lower of cost or market and valued on a first-in, first-out basis. Inventory consists primarily of consumable food products and ingredients. Food products are discarded as they reach the expiration dates, because the food products are made with natural foods containing a minimum of preservatives. Non-food products are reviewed periodically to determine any obsolescence and a reserve is booked when appropriate. The products have expiration dates that range from 3 months on some of the food products to 2 years for non-food products. On March 31, 2013 and December 31, 2012 an allowance for obsolete inventory has been recorded in the amount of $45,660 and $45,660

Accounts Receivable

Accounts receivable arise from doing business with third party distributor centers in various locations throughout South America. The accounts receivable are made up of fees owed by the distribution centers to the Company for the right to do business in our name. The Company evaluates the need for an allowance for doubtful accounts when it is determined that collection amounts owed is unlikely. No allowance has been recorded at March 31, 2013 and December 31, 2012, accordingly.

Distributors are required to pay for products prior to shipment. Distributors typically pay for products in cash, by wire transfer or by credit card. Accordingly, the Company seldom carries accounts receivable from distributors that are not distribution centers and any balances carried would be minimal.

Valuation of Long-lived Assets

In accordance with ASC 360-10, the carrying values of the Company's long-lived assets are reviewed for impairment annually and whenever events or changes in circumstances indicate that they may not be recoverable. The Company records impairment of long-lived assets to be held and used or to be disposed of when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the carrying amount. The Company's analysis did not indicate any impairment of assets as of March 31, 2013 and 2012.

Intangible Assets

Intangible assets consist of patent costs, trademark costs and the customer base. Patent costs are costs incurred to develop and file patent applications. Trademark costs are costs incurred to develop and file trademark applications. If the patents or trademarks are approved, the costs are amortized using the straight-line method over the estimated lives of 7 years for patents and 10 years for trademarks. Unsuccessful patent and trademark application costs are expensed at the time the application is denied. Management assesses the carrying values of long-lived assets for impairment when circumstances warrant such a review. In performing this assessment, management considers current market analysis of the technology and future cash flows.

The Company recognizes impairment losses when undiscounted cash flows estimated to be generated from long-lived assets are less than the net carrying amount of intangible assets. No impairment was recognized accordingly, during the periods ended March 31, 2013 and 2012.

Reclassification of Financial Statement Accounts

Certain amounts in the December 31, 2012 financial statements have been reclassified to conform to the presentation in the March 31, 2013 financial statements.

New Accounting Pronouncements

After evaluating the recent accounting pronouncements through the date of this filing, the Company has concluded that application of these pronouncements will have no material impact on the Company's financial results.

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Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2013	Dec. 31, 2012
CURRENT ASSETS
Cash and cash equivalents	$ 191,187	$ 89,253
Accounts Receivable	286,720	273,366
Prepaid expenses	46,002	95,769
Inventory	677,876	532,166
Total Current Assets	1,201,785	990,554
PROPERTY AND EQUIPMENT, net	74,217	85,139
OTHER ASSETS
Deposits and other assets	68,473	68,393
Trademarks, net	49,648	50,193
Customer base, net	320,964	342,360
Total Other Assets	439,085	460,946
TOTAL ASSETS	1,715,087	1,536,639
CURRENT LIABILITIES
Bank overdraft	204,949	49,875
Accounts payable	985,589	852,388
Accrued expenses	2,784,751	2,556,290
Deferred Revenue	23,429	113,085
Due to related parties	56,043	76,765
Banking line of credit	20,020	97,039
Current portion of long-term debt	2,123	2,096
Notes payable, related parties	922,478	922,478
Convertible notes payable, related parties	245,000	245,000
Convertible notes payable, unrelated parties net discount ($6,134 and $9,805, respectively)	1,076,082	1,023,670
Total Current Liabilities	6,320,464	5,938,686
LONG-TERM DEBT
Notes payable	17,973	18,001
Total Long-Term Debt	17,973	18,001
Total Liabilities	6,338,437	5,956,687
STOCKHOLDERS' DEFICIT
Preferred stock; no stated par value; authorized 10,000,000 shares; no shares issued or outstanding
Common stock, par value $0.001 per share; authorized 100,000,000 shares;15,212,141 and 15,212,141 shares respectively issued and outstanding	15,212	15,212
Additional paid-in capital	30,982,977	30,973,230
Other comprehensive income (loss)	(46,390)	(44,796)
Accumulated deficit	(35,575,149)	(35,363,694)
Total Stockholders' Deficit	(4,623,350)	(4,420,048)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 1,715,087	$ 1,536,639

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CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

3 Months Ended

Mar. 31, 2013

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS [Abstract]

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The accompanying consolidated financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows as of and for the period ended March 31, 2013 and for all periods presented have been made.

Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's December 31, 2012 audited financial statements as reported in its Form 10-K. The results of operations for the three-month period ended March 31, 2013 are not necessarily indicative of the operating results for the full year ended December 31, 2013.

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NOTES PAYABLE (Schedule of Long-term Liabilities) (Details) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
NOTES PAYABLE [Abstract]
Note payable to financial institution bearing interest at 7%, principle and interest due monthly, matures August, 2019, secured by equipment	$ 20,096	$ 20,097
Less current portion of Notes payable	(2,123)	(2,096)
Net Long-Term Liabilities	$ 17,973	$ 18,001
Interest rate	7.00%	7.00%
Maturity date	Aug. 31, 2019	Aug. 31, 2019

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COMMITMENTS AND CONTINGENCIES (Details) (USD $)	1 Months Ended
	Jul. 31, 2012
COMMITMENTS AND CONTINGENCIES [Abstract]
Damages being sought in litigation matter	$ 2,500

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GOING CONCERN

3 Months Ended

Mar. 31, 2013

GOING CONCERN [Abstract]

GOING CONCERN

NOTE 2 - GOING CONCERN

The Company's financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern. The Company has incurred operating losses during the three months ended March 31, 2013 of $211,455 and has an accumulated net loss totaling $35,575,149. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans.

The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

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Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Condensed Consolidated Balance Sheets [Abstract]
Debt discount	$ 6,134	$ 9,805
Preferred stock, no stated par value per share	$ 0	$ 0
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	15,212,141	15,212,141
Common stock, shares outstanding	15,212,141	15,212,141

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NOTES PAYABLE (Tables)

3 Months Ended

Mar. 31, 2013

NOTES PAYABLE [Abstract]

Schedule of Long-Term Liabilities

Long term liabilities are detailed in the following schedules as of March 31, 2013 and December 2012:

	March 31, 2013	December 31, 2012
Note payable to financial institution bearing interest
At 7%, principle and interest due monthly, matures
August, 2019, secured by equipment	$20,096	$20,097
Less current portion of Notes payable	(2,123)	(2,096)
Net Long-Term Liabilities	$17,973	$18,001

Schedule of Debt

Current notes payable

AMOUNT	TYPE	CONVERSION RATE PER SHARE	ORIGINATION DATE	INTEREST RATE	DUE DATE
$ 485,000	Related party	NA	12/9/2008	10%	Due on demand
$ 437,478	Related party	NA	7/31/2009	10%	12/31/2013
$ 45,000	Convertible, Related party	.15	10/7/2010	14%	09/30/2012 *
$ 200,000	Convertible, Related party	.20	1/19/2011	14%	07/31/2012 *
$ 394,962	Convertible, Non-related	.20	1/19/2011	10%	07/31/2012 *
$ 100,000	Convertible, Non-related	.20	3/14/2011	14%	07/31/2012 *

AMOUNT	TYPE	CONVERSION RATE PER SHARE	ORIGINATION DATE	INTEREST RATE	DUE DATE
$ 281,758	Convertible, Non-related	.20	5/26/2011	10%	07/31/2012 *
$ 231,756	Convertible, Non-related	.20	3/9/2010	15%	01/01/2012 *

All notes with an * were in default as of 3/31/2013.  The Company and the lenders are discussing consolidating the defaulted notes into new notes before June 30, 2013.

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Document and Entity Information	3 Months Ended
	Mar. 31, 2013	May 16, 2013
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2013
Entity Registrant Name	FOREVERGREEN WORLDWIDE CORP
Entity Central Index Key	0001091983
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2013
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		15,212,141

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INVENTORY (Tables)

3 Months Ended

Mar. 31, 2013

INVENTORY [Abstract]

Schedule of Inventories

Inventories for March 31, 2013 and December 2012 were classified as follows:

		2013		2012
Raw Materials	$	241,197	$	100,788
Finished Goods		482,339		477,038
Total Inventory		723,536		577,826
Less Reserve for Obsolete Inventory		(45,660)		(45,660)
Total Inventory (net of reserve)	$	$ 677,876	$	532,166

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Condensed Consolidated Statement of Operations and Comprehensive Loss (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Condensed Consolidated Statement of Operations and Comprehensive Loss [Abstract]
REVENUES, net	$ 2,694,478	$ 3,600,356
COST OF SALES, net	1,916,983	2,656,337
GROSS PROFIT	777,495	944,019
OPERATING EXPENSES
Salaries and wages	519,890	556,595
Professional fees	119,877	138,993
Depreciation and amortization	37,916	54,116
General and administrative	195,503	256,228
Total Operating Expenses	873,186	1,005,932
NET OPERATING LOSS	(95,691)	(61,913)
OTHER EXPENSE
Interest expense	(116,379)	(64,978)
Other Income	615
Total Other Expense	(115,764)	(64,978)
Loss from continuing operations before income tax provision	(211,455)	(126,891)
Income Tax Benefit
NET LOSS	(211,455)	(126,891)
BASIC AND DILUTED LOSS PER COMMON SHARE	$ (0.01)	$ (0.01)
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	15,212,141	14,892,141
COMPREHENSIVE INCOME (LOSS) A Summary of the components of other comprehensive loss for the quarters ended March 31, 2013 and 2012 are as follows:
Net Loss	(211,455)	(126,891)
Other Comprehensive Loss	(1,594)	(40,303)
Comprehensive Loss	$ (213,049)	$ (167,194)

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RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2013

RELATED PARTY TRANSACTIONS [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 7 - RELATED PARTY TRANSACTIONS

Company officers have paid for expenses on behalf of the Company from time to time, which amounts are non-interest bearing and are due on demand. These amounts are recorded as due to related parties amounting to $56,043 and $76,765 at March 31, 2013 and December 31, 2012, respectively.

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INVENTORY

3 Months Ended

Mar. 31, 2013

INVENTORY [Abstract]

INVENTORY

NOTE 6 - INVENTORY

Inventories for March 31, 2013 and December 2012 were classified as follows:

		2013		2012
Raw Materials	$	241,197	$	100,788
Finished Goods		482,339		477,038
Total Inventory		723,536		577,826
Less Reserve for Obsolete Inventory		(45,660)		(45,660)
Total Inventory (net of reserve)	$	$ 677,876	$	532,166

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NOTES PAYABLE (Schedule of Notes Payable) (Details) (USD $)	3 Months Ended		12 Months Ended		3 Months Ended							1 Months Ended	3 Months Ended	12 Months Ended		1 Months Ended	3 Months Ended		1 Months Ended		1 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012	Mar. 31, 2013 Debt Instrument One [Member]	Mar. 31, 2013 Debt Instrument Two [Member]	Mar. 31, 2013 Debt Instrument Three [Member]	Mar. 31, 2013 Debt Instrument Four [Member]	Mar. 31, 2013 Debt Instrument Five [Member]	Mar. 31, 2013 Debt Instrument Six [Member]	Mar. 31, 2013 Debt Instrument Seven [Member]	Mar. 31, 2013 Debt Instrument Eight [Member]	Dec. 31, 2012 Promissory Note Agreement [Member]	Mar. 31, 2013 Promissory Note Agreement [Member]	Dec. 31, 2012 Promissory Note Agreement [Member]	Dec. 28, 2012 Promissory Note Agreement [Member]	Jan. 31, 2013 Convertible Promissory Note Agreement, January 11, 2013 [Member]	Mar. 31, 2013 Convertible Promissory Note Agreement, January 11, 2013 [Member]	Jan. 11, 2013 Convertible Promissory Note Agreement, January 11, 2013 [Member]	Feb. 28, 2013 Convertible Promissory Note Agreement, February 19, 2013 [Member]	Feb. 19, 2013 Convertible Promissory Note Agreement, February 19, 2013 [Member]	Dec. 31, 2012 Line of Credit [Member]	Apr. 19, 2013 Line of Credit [Member]	Feb. 19, 2013 Line of Credit [Member]	Jan. 11, 2013 Line of Credit [Member]	Dec. 28, 2012 Line of Credit [Member]	Dec. 03, 2012 Line of Credit [Member]
Debt Instrument [Line Items]
Convertible notes payable, related parties	$ 245,000		$ 245,000			$ 45,000	$ 200,000
Notes payable, related parties	922,478		922,478	485,000	437,478
Convertible notes payable, unrelated parties net discount ($6,134 and $9,805, respectively)	1,076,082		1,023,670					394,962	100,000	281,758	231,756
Debt conversion, price per share						$ 0.15	$ 0.20	$ 0.20	$ 0.20	$ 0.20	$ 0.20															$ 0.08
Debt instrument, origination date				Dec. 09, 2008	Jul. 31, 2009	Oct. 07, 2010	Jan. 19, 2011	Jan. 19, 2011	Mar. 14, 2011	May 26, 2011	Mar. 09, 2010
Interest rate	7.00%		7.00%	10.00%	10.00%	14.00%	14.00%	10.00%	14.00%	10.00%	15.00%
Maturity date	Aug. 31, 2019		Aug. 31, 2019		Dec. 31, 2013	Sep. 30, 2012	Jul. 31, 2012	Jul. 31, 2012	Jul. 31, 2012	Jul. 31, 2012	Jan. 01, 2012										Jun. 30, 2013
Line of credit, maximum borrowing amount																						200,000	200,000	200,000	200,000	200,000
Line of credit interest rate																					10.00%
Number of restricted shares held in escrow																										2,500,000
Debt instrument, convertible, beneficial conversion feature												10,000				9,688
Interest expense													7,892	195			5,467
Original amount															25,000			25,000		28,740
Expenses paid on behalf of the Company	3,740																		3,740
Proceeds from convertible notes payable	$ 50,000																		$ 25,000

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INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2013

INTANGIBLE ASSETS [Abstract]

Schedule of Intangible Assets

Trademarks consist of the following:

	March 31, 2013	December 31, 2012
Trademarks	$ 85,320	$ 85,320
Less accumulated amortization	(35,672)	(35,127)
Net trademarks	$ 49,648	$ 50,193

Amortization expense for trademarks of approximately $6,920 per year will be recorded over the next five years, with $15,048 of remaining expense thereafter.

Customer Base

The customer base intangible asset was calculated using a percentage of the gross margin of ForeverGreen International LLC. The Company amortizes the customer base over a period of ten years.

Trademarks consist of the following:

	March 31, 2013	December 31, 2012
Customer Base	$ 855,900	$ 855,900
Less accumulated amortization	(534,936)	(513,540)
Net trademarks	$ 320,964	$ 342,360

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RESTATEMENT OF PREVIOUSLY AUDITED FINANCIAL STATEMENTS

3 Months Ended

Mar. 31, 2013

RESTATEMENT OF PREVIOUSLY AUDITED FINANCIAL STATEMENTS [Abstract]

RESTATEMENT OF PREVIOUSLY AUDITED FINANCIAL STATEMENTS

NOTE 10 ­- RESTATEMENT OF PREVIOUSLY AUDITED FINANCIAL STATEMENTS

As of May 15, 2013 the Company determined that it needed to restate its audited financial statements for the year ended December 31, 2012, as contained in its Annual Report on Form 10K, filed April 16, 2013. In preparation of the Company's unaudited financial statements as of March 31, 2013 and for the three months ended March 31, 2013 and 2012, the Company determined that it had understated revenue for the fiscal year 2012.

As a result, the Company overstated its net loss by $94,649, for the year ended 2012. The result from the change was a decrease in accumulated deficit ($35,363,694 restated), an increase in accounts receivable ($143,064 restated), and an increase in accrued expenses ($48,405 restated). No effect on Loss per share (see Note 3) resulted.

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SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2013

SUBSEQUENT EVENTS [Abstract]

SUBSEQUENT EVENTS

NOTE 8 - SUBSEQUENT EVENTS

On April 19, 2013, the Company entered into a convertible promissory note agreement of $21,205, under the terms of the $200,000 line of credit (see Note 4) in exchange for expenses of $9,455 paid on behalf of the Company and cash of $11,760. No beneficial conversion feature exists in connection with this promissory note.

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INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2013

INTANGIBLE ASSETS [Abstract]

INTANGIBLE ASSETS

NOTE 9 - INTANGIBLE ASSETS

Trademarks

The Company capitalizes legal fees incurred to register trademarks for its products.  The Company amortizes the trademarks over a period of ten years.  Trademarks consist of the following:

	March 31, 2013	December 31, 2012
Trademarks	$          85,320	$              85,320
Less accumulated amortization	(35,672)	(35,127)
Net trademarks	$          49,648	$              50,193

Amortization expense for trademarks of approximately $6,920 per year will be recorded over the next five years, with $15,048 of remaining expense thereafter.

Customer Base

The customer base intangible asset was calculated using a percentage of the gross margin of ForeverGreen International LLC. The Company amortizes the customer base over a period of ten years.

Trademarks consist of the following:

	March 31, 2013	December 31, 2012
Customer Base	$         855,900	$            855,900
Less accumulated amortization	(534,936)	(513,540)
Net trademarks	$         320,964	$           342,360

Amortization expense for the Customer Base  of approximately $85,590 per year will be recorded over the next four years.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)

3 Months Ended

Mar. 31, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Basis of Presentation

Basis of Presentation

The accompanying consolidated financial statements are prepared on the basis of accounting principles generally accepted in the United States of America. The Company is currently in the development stage and has not realized significant sales through March 31, 2013. A development stage company is defined as one in which all efforts are devoted substantially to establishing a new business and even if planned principal operations have commenced, revenues are insignificant.

Principles of Consolidation

Principles of Consolidation

The consolidated balance sheets and statement of operations at March 31, 2013 include the books of ForeverGreen Worldwide Corporation (Nevada) and its wholly owned subsidiaries. All intercompany transactions and balances have been eliminated in the consolidation.

Foreign Currency Translation

Foreign Currency Translation

The Company's functional currency is recorded in various currencies, corresponding to the various foreign subsidiaries and its reporting currency is the United States dollar. Management has adopted ASC 830-20, "Foreign Currency Matters - Foreign Currency Transactions". All assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. For revenues and expenses, the weighted average exchange rate for the period is used. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in other comprehensive loss.

Use of Estimates

Use of Estimates

The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Fair Value of Financial Instruments

Fair Value of Financial Instruments

The carrying amounts reported in the balance sheets for accounts receivable, accounts payable and accrued liabilities approximate fair value because of the immediate or short-term nature of these financial instruments. The carrying amounts reported for notes payable approximate fair value because the underlying instruments are at interest rates which approximate current market rates.

Basic and Diluted Loss Per Share

Basic and Diluted Loss Per Share

Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted loss per share is computed by dividing net loss by the weighted-average number of common shares and dilutive potential common shares outstanding during the period. Our potentially dilutive shares, which include outstanding common stock options, common stock warrants and convertible debentures, have not been included in the computation of diluted net loss per share attributable to common stockholders for all periods presented, as the results would be anti-dilutive. Such potentially dilutive shares are excluded when the effect would be to reduce net loss per share. There were 15,755 and -0- such potentially dilutive shares excluded as of March 31, 2013 and 2012, respectively.

Revenue Recognition

Revenue Recognition

Revenues and costs of revenues are recognized during the period in which the products are provided. The Company applies the provisions of FASB Accounting Standards Codification ("ASC") 605-10, Revenue Recognition in Financial Statements ASC 605-10, which provides guidance on the recognition, presentation, and disclosure of revenue in financial statements filed with the SEC. ASC 605-10 outlines the basic criteria that must be met to recognize revenue and provides guidance for disclosure related to revenue recognition policies. In general, the Company recognizes revenue for sale of products when (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) the fee is fixed or determinable, and (iv) collectability is reasonably assured.

The Company's source of revenue is from the sale of various food and other natural products. The Company recognizes the sale upon shipment of such goods. The Company offers a 100% satisfaction guarantee against defects for 30 days after the sale of their product except for a few circumstances. The Company extends this return policy to its distributors for a 30 day period and the consumer has the same

return policy in effect against the distributor. All conditions of ASC 605-10 are met and the revenue is recorded upon sale, with an estimated allowance for returns where material.

Inventory

Inventory

Inventory is recorded at the lower of cost or market and valued on a first-in, first-out basis. Inventory consists primarily of consumable food products and ingredients. Food products are discarded as they reach the expiration dates, because the food products are made with natural foods containing a minimum of preservatives. Non-food products are reviewed periodically to determine any obsolescence and a reserve is booked when appropriate. The products have expiration dates that range from 3 months on some of the food products to 2 years for non-food products. On March 31, 2013 and December 31, 2012 an allowance for obsolete inventory has been recorded in the amount of $45,660 and $45,660

Accounts Receivable

Accounts Receivable

Accounts receivable arise from doing business with third party distributor centers in various locations throughout South America. The accounts receivable are made up of fees owed by the distribution centers to the Company for the right to do business in our name. The Company evaluates the need for an allowance for doubtful accounts when it is determined that collection amounts owed is unlikely. No allowance has been recorded at March 31, 2013 and December 31, 2012, accordingly.

Distributors are required to pay for products prior to shipment. Distributors typically pay for products in cash, by wire transfer or by credit card. Accordingly, the Company seldom carries accounts receivable from distributors that are not distribution centers and any balances carried would be minimal.

Valuation of Long-lived Assets

Valuation of Long-lived Assets

In accordance with ASC 360-10, the carrying values of the Company's long-lived assets are reviewed for impairment annually and whenever events or changes in circumstances indicate that they may not be recoverable. The Company records impairment of long-lived assets to be held and used or to be disposed of when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the carrying amount. The Company's analysis did not indicate any impairment of assets as of March 31, 2013 and 2012.

Intangible Assets

Intangible Assets

Intangible assets consist of patent costs, trademark costs and the customer base. Patent costs are costs incurred to develop and file patent applications. Trademark costs are costs incurred to develop and file trademark applications. If the patents or trademarks are approved, the costs are amortized using the straight-line method over the estimated lives of 7 years for patents and 10 years for trademarks. Unsuccessful patent and trademark application costs are expensed at the time the application is denied. Management assesses the carrying values of long-lived assets for impairment when circumstances warrant such a review. In performing this assessment, management considers current market analysis of the technology and future cash flows.

The Company recognizes impairment losses when undiscounted cash flows estimated to be generated from long-lived assets are less than the net carrying amount of intangible assets. No impairment was recognized accordingly, during the periods ended March 31, 2013 and 2012.

Reclassification of Financial Statement Accounts

Reclassification of Financial Statement Accounts

Certain amounts in the December 31, 2012 financial statements have been reclassified to conform to the presentation in the March 31, 2013 financial statements.

New Accounting Pronouncements

New Accounting Pronouncements

After evaluating the recent accounting pronouncements through the date of this filing, the Company has concluded that application of these pronouncements will have no material impact on the Company's financial results.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
Basic and Diluted Loss Per Share
Potentially dilutive shares excluded from computation of diluted net loss per share	15,755	0
Inventory
Allowance for obsolete inventory	$ 45,660		$ 45,660
Patents [Member]
Intangible Assets [Line Items]
Amortization Period (Estimated Lives)	7 years
Trademarks [Member]
Intangible Assets [Line Items]
Amortization Period (Estimated Lives)	10 years

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RELATED PARTY TRANSACTIONS (Details) (USD $)	Mar. 31, 2013	Dec. 31, 2012
RELATED PARTY TRANSACTIONS [Abstract]
Due to related parties	$ 56,043	$ 76,765

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Condensed Consolidated Statement of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss	$ (211,455)	$ (126,891)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	33,078	54,116
Debt discount amortization	13,359
Expenses paid on behalf of the Company	3,740
Changes in operating assets and liabilities :
Accounts receivable	(12,862)	(20,379)
Prepaid expenses	56,940	(83,506)
Inventory	(145,051)	36,543
Accounts payable	101,133	8,563
Accrued expenses	205,096	210,856
Deferred revenue	(89,656)
Net Cash Used in Operating Activities	(45,678)	79,302
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash paid for trademarks		(1,082)
Purchases of property and equipment	(5,348)	(14,793)
Net Cash Used in Investing Activities	(5,348)	(15,875)
CASH FLOWS FROM FINANCING ACTIVITIES:
Bank overdraft	155,581	8,520
Net proceeds from revolving bank line of credit	(77,019)	(76,074)
Payments on notes payable	28
Payments on convertible notes payable	(5,000)
Proceeds from convertible notes payable	50,000
Proceeds from notes payable - related parties		70,000
Payments on notes payable - related parties		(40,000)
Net Cash Provided by (Used in) Financing Activities	123,590	(37,554)
Effect of Foreign Currency on Cash	29,370	(39,668)
NET INCREASE (DECREASE) IN CASH	101,934	(13,795)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	89,253	223,099
CASH AND CASH EQUIVALENTS AT END OF PERIOD	191,187	209,304
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest	1,049	18,691
Cash paid for income taxes

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COMMITMENTS AND CONTINGENCIES

3 Months Ended

Mar. 31, 2013

COMMITMENTS AND CONTINGENCIES [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 5 - COMMITMENTS AND CONTINGENCIES

On June 13, 2012, Environmental Research Center, a non-profit corporation, filed a complaint in the Superior Court of California, County of Orange, against ForeverGreen Worldwide Corporation and ForeverGreen International, LLC. ForeverGreen Worldwide received service of the complaint on July 29, 2012. The complaint alleges that the Company failed to provide health hazard warnings related to lead to consumers of its products in California. Environmental Research Center is seeking injunctive relief, an order compelling the Company to provide the health hazard warnings to past consumers and unspecified civil penalties. The Complaint contains two alleged causes of action. Both allege violations of Health and Safety Code §25249.5 and seek injunctive relief as well as damages of $2,500 per day for each violation alleged. The Company has engaged legal counsel to vigorously defend against these allegations.

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SUBSEQUENT EVENTS (Details) (USD $)	3 Months Ended							1 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Apr. 19, 2013 Line of Credit [Member]	Feb. 19, 2013 Line of Credit [Member]	Jan. 11, 2013 Line of Credit [Member]	Dec. 28, 2012 Line of Credit [Member]	Dec. 03, 2012 Line of Credit [Member]	Apr. 30, 2013 Convertible Promissory Agreement, April 19, 2013 [Member]	Apr. 19, 2013 Convertible Promissory Agreement, April 19, 2013 [Member]
Subsequent Event [Line Items]
Original amount									$ 21,205
Line of credit, maximum borrowing amount			200,000	200,000	200,000	200,000	200,000
Expenses paid on behalf of the Company	3,740							9,455
Proceeds from convertible notes payable	$ 50,000							$ 11,760

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GOING CONCERN (Details) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
GOING CONCERN [Abstract]
Net Loss	$ (211,455)	$ (126,891)
Accumulated deficit	$ (35,575,149)		$ (35,363,694)