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 September 30, 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 November 8, 2013 was 16,352,141.

1

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

12

Item 3.  Quantitative and Qualitative Disclosures about Market Risk

16

Item 4.  Controls and Procedures

16

PART II – OTHER INFORMATION

Item 1.  Legal Proceedings

17

Item 1A.  Risk Factors

17

Item 2.  Unregistered Sales of Equity Securities and Use Of Proceeds

17

Item 6.  Exhibits

18

Signatures

18

PART I – FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

The financial information set forth below with respect to our statements of operations for the three and nine month periods ended September 30, 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 nine month period ended September 30, 2013 are not necessarily indicative of results to be expected for any subsequent period.  

2

ForeverGreen Worldwide Corporation

Condensed Consolidated Balance Sheets

		September 30, 2013		December 31, 2012
		(Unaudited)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	200,075	$	89,253
Accounts Receivable		989,801		273,366
Prepaid expenses		182,548		47,364
Inventory		695,946		532,166
Total Current Assets		2,068,370		942,149
PROPERTY AND EQUIPMENT, net		253,840		85,139
OTHER ASSETS
Deposits and other assets		75,792		68,393
Trademarks, net		44,903		50,193
Customer base, net		278,168		342,360
Total Other Assets		398,863		460,946
TOTAL ASSETS	$	2,721,073	$	1,488,234
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES
Bank overdraft	$	91,959	$	49,875
Accounts payable		822,257		874,659
Accrued expenses		3,341,309		2,507,885
Deferred revenue		207,897		113,085
Due to related parties		34,407		54,494
Banking line of credit		--		97,039
Current portion of long-term debt		2,175		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  ($18,254 and $9,805, respectively)		858,464		1,023,670
Total Current Liabilities		6,525,946		5,890,281
LONG-TERM DEBT
Notes payable		17,920		18,001
Total Long-Term Debt		17,920		18,001
TOTAL LIABILITIES		6,543,866		5,908,282
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;16,352,141 and 15,212,141 shares           respectively issued and outstanding		16,352		15,212
Additional paid-in capital		31,445,090		30,973,230
Other comprehensive income (loss)		(30,632)		(44,796)
Accumulated deficit		(35,253,603)		(35,363,694)
Total Stockholders' Deficit		(3,822,793)		(4,420,048)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	2,721,073	$	1,488,234

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

3

ForeverGreen Worldwide Corporation

Condensed Consolidated Statement of Operations and Comprehensive Income (Loss)

(Unaudited)

		Three months ended September 30,				Nine months ended September 30,
		2013		2012		2013		2012
REVENUES, net	$	4,793,782	$	3,060,736	$	11,495,871	$	9,781,990
COST OF SALES, net		3,266,623		2,086,174		7,822,105		6,784,215
GROSS PROFIT		1,527,159		974,562		3,673,766		2,997,775
OPERATING EXPENSES
Salaries and wages		747,595		548,280		2,069,502		1,651,207
Professional fees		187,729		116,224		502,943		377,203
General and administrative		290,216		347,299		802,741		1,047,130
Total Operating Expenses		1,225,540		1,011,803		3,375,186		3,075,540
NET OPERATING INCOME (LOSS)		301,619		(37,241)		298,580		(77,765)
OTHER EXPENSE
Gain on conversion of
convertible notes payable		226,230		--		226,230		--
Interest expense		(195,656)		(70,344)		(405,030)		(195,537)
Other Income (Expense)		(5,264)		--		(9,690)		54
Total Other Expense		25,310		(70,344)		(188,490)		(195,483)
Loss from continuing operations before income tax provision		326,929		(107,585)		110,090		(273,248)
Income Tax Benefit		--		--		--		--
NET INCOME (LOSS)	$	326,929	$	(107,585)	$	110,090	$	(273,248)
BASIC AND DILUTED LOSS PER COMMON SHARE	$	0.02	$	(0.01)	$	0.01	$	(0.02)
BASIC WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING		15,549,967		14,892,141		15,325,987		14,892,141
DILUTED WEIGHTED AVERAGE NUMBER
OF COMMON SHARES OUTSTANDING		16,729,794		14,892,141		16,504,514		14,892,141
COMPREHENSIVE INCOME (LOSS)
A Summary of the components of other     comprehensive income (loss) for the periods     ended September 30, 2013 and 2012     are as follows:
Net Income	$	326,929	$	(107,585)	$	110,090	$	(273,248)
Other Comprehensive Income (Loss)		29,888		(31,984)		14,164		20,487
Comprehensive Income (Loss)	$	356,817	$	(139,569)	$	124,254	$	(252,761)

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

4

ForeverGreen Worldwide Corporation

Condensed Consolidated Statement of Cash Flows

(Unaudited)

		For the Nine Months Ended September 30,
		2013		2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss)	$	110,090	$	(273,248)
Adjustments to reconcile net income (loss) to net cash provided by        (used in) operating activities:
Depreciation and amortization		107,713		131,570
Debt discount amortization		56,551		--
Expenses paid on behalf of the company		13,240
Gain on conversion of debt		(226,230)
Changes in operating assets and liabilities:
Accounts receivable		(717,119)		(44,767)
Prepaid expenses		(79,872)		(10,384)
Inventory		(164,216)		274,887
Deposits		(7,431)		(138)
Accounts payable-related parties		(21,636)		--
Accounts payable		(43,215)		(89,247)
Accrued expenses		921,953		--
Deferred revenue		94,812		--
Net Cash Provided by (Used in) Operating Activities		44,640		(11,327)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of intangibles		(1,114)		2,121
Purchases of property and equipment		(207,410)		--
Net Cash Provided by (Used in) Investing Activities		(208,524)		2,121
CASH FLOWS FROM FINANCING ACTIVITIES:
Bank overdraft		42,085		(11,647)
Net proceeds (payments) from revolving bank line of credit		(97,039)		(46,918)
Payments on notes payable		--		(2,245)
Payments on notes payable - related parties		--		(145,113)
Proceeds from notes payable - related parties		--		100,000
Proceeds from sale of common stock		300,000		--
Proceeds from convertible note payable		111,760		--
Net Cash Provided by (Used in) Financing Activities		356,806		(105,923)
Effect of Foreign Currency on Cash		(82,100)		16,245
NET INCREASE (DECREASE) IN CASH		110,822		(98,884)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		89,253		223,099
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	200,075	$	124,215
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest	$	8,716	$	5,072
Cash paid for income taxes	$	--	$	--
SUPPLEMENTAL DISCLOSURES ON NON-CASH INVESTING AND FINANCING ACTIVITIES
Debt discount on convertible notes	$	65,000	$	--

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

5

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 September 30, 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 nine month period ended September 30, 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 an accumulated net loss totaling $35,253,603. 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.

Principles of Consolidation

The consolidated balance sheets and statement of operations at September 30, 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.

6

FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued

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 Earnings and Loss Per Share

For the current year basic earnings per share is computed by dividing the net income by the weighted-average number of common shares outstanding during the period. For the prior year the 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 convertible debentures, have not been included in the computation of diluted net loss per share for 2012, as the results would be anti-dilutive.  For 2013 these dilutive potential shares were included in the computation of diluted earnings per share. Accordingly there were 1,178,832 such potentially dilutive shares included as of September 30, 2013 and 6,353,275 such potentially dilutive shares excluded in 2012.

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.

7

FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – continued

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 September 30, 2013 and December 31, 2012 an allowance for obsolete inventory has been recorded in the amount of $5,660 and $45,660, respectively.

Accounts Receivable

Accounts receivable arise from doing business with third party distributor centers in various locations throughout South America and Korea. In 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.  In Korea the accounts receivable are for products sold to a third party. 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 September 30, 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 September 30, 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 intangible 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 intangible assets are less than the net carrying amount of intangible assets. No impairment was recognized accordingly, during the periods ended September 30, 2013 and 2012.

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.

8

FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 4 – NOTES PAYABLE

Long-term notes payable

Long term liabilities are detailed in the following schedules as of September 30, 2013 and December 2012:

		Sept. 30, 2013		Dec. 31, 2012
Note payable to financial institution bearing interest   at 7%, principle and interest due monthly, matures August, 2019, secured by equipment	$	20,095	$	20,097
Less current portion of notes payable		(2,175)		(2,096)
Net Long-Term Liabilities	$	17,920	$	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%	12/31/2015
$ 437,478	Related party	NA	7/31/2009	10%	12/31/2015
$ 45,000	Convertible, Related party	.15	10/7/2010	10%	12/31/2015
$ 200,000	Convertible, Related party	.20	1/19/2011	10%	12/31/2015
$ 394,962	Convertible, Non-related	.20	1/19/2011	10%	12/31/2015
$ 100,000	Convertible, Non-related	.20	3/14/2011	10%	12/31/2015
$ 231,756	Convertible, Non-related	.20	3/9/2010	15%	12/31/2015
$200,000	Convertible, Non-related	.08	12/28/2012 see below for details	10%	12/31/2013

On December 28, 2012 the Company entered into a line of credit promissory note agreement for a maximum line of $200,000.  The note included an interest rate of 10% and a stock conversion price of $.08. Below are the details of the draws against that line of credit.

9

FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 4 – NOTES PAYABLE – continued

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 $12,500 of which $12,305 and $195 have been recognized as interest expense during the periods ending September 30, 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 $12,500 of which $12,500 has been recognized as interest expense during the period ending September 30, 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. The Company recognized a beneficial conversion feature discount of $12,500 of which $12,500 has been recognized as interest expense during the period ending September 30, 2013.

On April 18, 2013, the Company entered into a convertible promissory note agreement of $21,205, under the terms of the $200,000 line of credit in exchange for expenses of $9,445 paid on behalf of the Company and cash of $11,760. The Company recognized a beneficial conversion feature discount of $12,500 of which $12,500 has been recognized as interest expense during the period ending September 30, 2013.

On August 27, 2013 the Company entered into a convertible promissory note agreement of $50,000 under the terms of the $200,000 line of credit in exchange for cash of $50,000. The Company recognized a beneficial conversion feature discount of $25,000 of which $6,746 has been recognized as interest expense during the period ending September 30, 2013.

On May 26, 2011, the Company entered into a convertible promissory note for $281,758 with a conversion price of $.20 per share.  On September 9, 2013 the creditor converted the principle note of $281,758 and accrued interest of $52,472 totaling $334,230 for 540,000 shares of common stock at a share price of $.62 per share. Because the note holder agreed to the increased conversion price, the Company realized a gain of $226,230 on the conversion.

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. The parties have reached a tentative settlement.  A settlement conference is scheduled for November 2013, at which time the Judge will either accept or reject the settlement offer.

10

FOREVERGREEN WORLDWIDE CORPORATION

Notes to the Condensed Consolidated Financial Statements

(Unaudited)

NOTE 6 – INVENTORY

Inventories for September 30, 2013 and December 2012 were classified as follows:

		September 30, 2013		December 31, 2012
Raw Materials	$	212,969	$	100,788
Finished Goods		488,637		477,038
Total Inventory		701,606		577,826
Less Reserve for Obsolete Inventory		(5,660)		(45,660)
Total Inventory (net of reserve)	$	695,946	$	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 $34,407 and $54,494 at September 30, 2013 and December 31, 2012, respectively.

NOTE 8 – FIXED ASSETS

On August 1, 2013 the Company began the Application Development Stage of a new POS software system. Through the third quarter of 2013 the Company has capitalized $184,867 of the software project.

NOTE 9 – ISSUANCE OF COMMON STOCK

On August 30, 2013 the Company agreed to issue 600,000 shares of common stock at .50 per share in exchange for $300,000 cash with an unrelated third party.

On May 26, 2011, the Company entered into a convertible promissory note for $281,758 with a conversion price of $.20 per share.  On September 9, 2013 the creditor converted the principle note of $281,758 and accrued interest of $52,472 totaling $334,230 for 540,000 shares of common stock at a share price of $.62 per share.

NOTE 10 – SUBSEQUENT EVENTS

On October 4, 2013 the Company entered into a convertible promissory note agreement of $50,000, under the terms of the $200,000 line of credit in exchange for expenses of $6,189 paid on behalf of the Company and cash of $43,811. The Company will record a beneficial conversion feature discount of $25,000, which will be amortized over the life of the note.

11

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 customer’s life-enhancing products.  With our new FGXpress brand test launched in November 2012, we were able to reach out to Members around the world through our e-commerce business model.  Since the pre-launch in January 2013, we have exceeded our original FGXpress growth goal by 27%, and are projected to continue to be on track to exceed $16 million in total revenues by December 2013.  We anticipate that we will reach this sales goal if we maintain current sales numbers.

Through our exclusive FrequenSea™ product and ForeverGreen Compensation Plan earnings and commissions, 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 opportunities.  We also intend to provide 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 its message and products under the philosophy of Restoration Biology, branded as “RESTORATION90.” Management believes this will allow the consumer to find the product that will be best suited for their individual needs and promote customer loyalty.

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 high quality customer service experience and increase Member satisfaction.  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 opportunities and choose ForeverGreen as the Company they can align with for their future.

12

We are expanding our markets and exclusive products and we anticipate the need to expand our international logistics centers.  To set up more international logistics centers will require us to have more inventory and also the additional funds to operate.  The rewards from this expansion include increased sales and diversified market incomes. 

With our strong second quarter and continued increasing sales in July, which traditionally is one of our slower sales months of the year, we feel confident that we are still on track to reach our sales goal for 2013 of $16,000,000 to $18,000,000 in revenues.

Liquidity and Capital Resources

At September 30, 2013 we had cash and cash equivalents of $200,075 compared to $89,253 at December 31, 2012, with a working capital deficit of $4,457,576 and $4,948,132, respectively.  We recognized revenues of $11,495,871 for the nine month period ended September 30, 2013 (“2013 nine month period”) and recorded net operating income of $298,580 compared to $9,781,990 in revenues and a net loss of $77,765 for the nine month period ended September 30, 2012 (“2012 nine month period”).  

For the nine month period ending September 30, 2013 cash used in operations of $44,640 resulted primarily from the increase in accounts receivable with our third party distribution center in Korea, a net decrease in inventory due to only keeping our better selling products in stock and an increase in our prepaid expenses. Cash used in investing of $208,524 resulted from the investment in a new POS software and other fixed assets to more efficiently assist our distributors. Cash provided by financing activities of $356,806 was the result of a gain on the conversion of a promissory note to common stock, paying off the banking line of credit, and payments on a note payable to a related party.

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 September 30, 2013 were $6,543,866 compared to $5,908,282 at December 31, 2012.  The increase is due to an increase in accrued expenses, primarily commissions payable with an increase of $596,000. This large increase is due to a sales promotion ran during the third quarter ended September 30, 2013 (“2013 third quarter”) where if a distributor bought extra product their commission for that product would be paid over a 5 month period instead of the normal following month. The increase in total liabilities is also due to an increase in sales, VAT, and GST tax payable of $62,000 due to increase revenues, a decrease in the banking line of credit of $97,000 due to paying off the line, an increase in deferred revenue of $94,000 due to increased revenues, a decrease in accounts payable of $52,000 due to paying our vendors in a timely manner, an increase in bank overdraft of $42,000 due to revenue increase.

13

On December 3, 2012 the Company secured a $200,000 line of credit from Capital Communications, Inc., 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.  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. During the nine month period ending September 30, 2013 the Company drew funds from this LOC totaling $125,000 under the terms of the line of credit to fund operations. In connection with these promissory notes, the Company received cash of $111,760 and expenses paid for on the Company’s behalf of $13,240.

At March 31, 2013 the Company was in default for an aggregate of $1,253,476 in notes payable and convertible notes payable.  At June 30, 2013 the Company has renegotiated the notes and they are no longer in default.

The following chart summarizes the consolidated financial statements of ForeverGreen Worldwide for the nine month period ended September 30, 2013 and the year ended 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		Nine month period ended Sept. 30, 2013		Year ended Dec. 31, 2012
		(Unaudited)
Cash and cash equivalents	$	200,075	$	89,253
Total current assets		2,068,370		942,149
Total assets		2,721,073		1,488,234
Total current liabilities		6,525,946		5,890,281
Long-term debt		17,920		18,001
Total liabilities		6,543,866		5,908,282
Accumulated deficit		(35,253,603)		(35,363,694)
Total stockholders’ equity	$	(3,822,793)	$	(4,420,048)

Results of Operations

The following chart summarizes the consolidated financial statements of ForeverGreen Worldwide for the nine month periods ended September 30, 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.

14

SUMMARY OF OPERATIONS		Three month period ended September 30,				Nine month period ended September 30,
		2013		2012		2013		2012
Revenues, net	$	4,793,782	$	3,060,736	$	11,495,871	$	9,781,990
Cost of sales		3,266,623		2,086,174		7,822,105		6,784,215
Gross profit	$	1,527,159	$	974,562	$	3,673,766	$	2,997,775
Total operating expenses		1,225,540		1,011,803		3,375,186		3,075,540
Net income (loss) from continuing operations		301,619		(37,241)		298,580		(77,765)
Total other income (expense)		25,310		(70,344)		(188,490)		(195,483)
Net earnings (loss)	$	326,929	$	(107,585)	$	110,090	$	(273,248)
Net earnings (loss) per share both
(basic) and diluted	$	0.02	$	(0.01)	$	0.01	$	(0.02)

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 nine month period returns were .41%, down from .52% in the 2012 comparable period. Revenues for the 2013 nine month period increased by 17.52% ($1,713,881) compared to the same period in 2012. This was largely due to the introduction of FG Xpress.  During the 2013 third quarter revenues increased by 56.62% ($1,733,046) compared to the quarter ended September 30, 2012 (“2012 third quarter”).  This is due to the increased sales of FG Xpress product.

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 68.04 % of revenues for the 2013 nine month period.  This is an improvement compared to cost of sales of 69.35 % of revenues for the 2012 nine month period, which is an increase of $1,037,890 for the nine month period over the same time period in 2012.  The percentage decrease in the 2013 nine month period was mostly attributable to decreasing our product costs and shipping costs.  During the 2013 third quarter cost of sales was approximately 68.14 % of revenues compared to 68.16 % the same quarter in 2012. This slight percentage decrease is again attributable to decreased product and shipping costs. The increase of expense of the cost of sales of $1,180,449 over the same period in 2012 is in line with the increase in sales for the same period.

Total operating expenses increased in the 2013 nine month period by $299,647 compared to the 2012 nine month period.  Salaries and wages have increased by $418,295 for the 2013 nine month period over the 2012 nine month period. Professional fees increased by $125,740.  These increases are a direct cause of management investing in our IT and sales departments to better serve our distributors and increase sales. General and administrative expenses decreased by $244,389 for the 2013 nine month period as compared to the 2012 nine month period.  The decrease is due to management working to keep expenses in line with revenues.  For the 2013 third quarter operating expenses increased by $213,737 over the 2012 same period.  Salaries and wages increased by $199,315 over the same period in 2012.  Professional fees increased by $71,505 for the 2013 third quarter compared to the 2012 third quarter.  All of increases are a direct result of management investing in our IT and sales departments to better serve our distributors and sales.

15

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 nine month period ended September 30, 2013.

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable to smaller reporting companies.

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.  On September 16, 2013 the Company hired a new Chief Financial Officer.  Our Chief Executive Officer and Chief 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.  In July 2013 we filed an amended Form 10-K for the year ended December 31, 2012.  Management has instigated new internal controls to improve our timely disclosures.

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 no changes made in the implementation of our internal controls over financial reporting during the quarter ended September 30, 2013 that have materially affected, or are reasonably likely to materially affect our internal control over financial reporting.  

16

PART II – OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

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. The parties have reached a tentative settlement.  A settlement conference is scheduled for November 2013, at which time the Judge will either accept or reject the settlement offer.

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;

•

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 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

On August 30, 2013 the Company issued 60,000 shares to Empire Fund Managers in consideration for $300,000.  On September 9, 2013 the Company issued 540,000 to Liberty Partners in consideration for conversion of a convertible promissory note and accrued interest totaling $334,230. All shares were privately issued with a restrictive legend, in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933.

17

ITEM 6.  EXHIBITS

Part I Exhibits

No.	Description
31.1	Chief Executive Officer Certification
31.2	Chief 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.

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	Date:  November 13, 2013
By:  /s/ Jack B. Eldridge                    Chief Financial Officer	Date:  November 13, 2013

18

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:  November 13, 2013
/s/ Ronald K. Williams Ronald K. Williams Chief Executive Officer

EX-31

Exhibit 31.2

CHIEF FINANCIAL OFFICER CERTIFICATION

I, Jack B. Eldridge Jr., 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:  November 13, 2013
/s/ Jack B. Eldridge Jr. Jack B. Eldridge Jr. Chief 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 officers of ForeverGreen Worldwide Corporation certify 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 September 30, 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:  November 13, 2013	/s/ Ronald K. Williams Ronald K. Williams Chief Executive Officer
Date:  November 13, 2013	/s/ Jack B. Eldridge Jr. Jack B. Eldridge Jr. Chief Financial Officer

XML

NOTES PAYABLE (Tables)

9 Months Ended

Sep. 30, 2013

NOTES PAYABLE [Abstract]

Schedule of Long Term Liabilities

Long-term notes payable

Long term liabilities are detailed in the following schedules as of September 30, 2013 and December 2012:

		Sept. 30, 2013		Dec. 31, 2012
Note payable to financial institution bearing interest   at 7%, principle and interest due monthly, matures August, 2019, secured by equipment	$	20,095	$	20,097
Less current portion of notes payable		(2,175)		(2,096)
Net Long-Term Liabilities	$	17,920	$	18,001

Schedule of Current Notes Payable

Current notes payable

AMOUNT	TYPE	CONVERSION RATE PER SHARE	ORIGINATION DATE	INTEREST RATE	DUE DATE
$ 485,000	Related party	NA	12/9/2008	10%	12/31/2015
$ 437,478	Related party	NA	7/31/2009	10%	12/31/2015
$ 45,000	Convertible, Related party	.15	10/7/2010	10%	12/31/2015
$ 200,000	Convertible, Related party	.20	1/19/2011	10%	12/31/2015
$ 394,962	Convertible, Non-related	.20	1/19/2011	10%	12/31/2015
$ 100,000	Convertible, Non-related	.20	3/14/2011	10%	12/31/2015
$ 231,756	Convertible, Non-related	.20	3/9/2010	15%	12/31/2015
$200,000	Convertible, Non-related	.08	12/28/2012 see below for details	10%	12/31/2013

XML

Condensed Consolidated Statement of Operations and Comprehensive Loss (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Condensed Consolidated Statement of Operations and Comprehensive Loss [Abstract]
REVENUES, net	$ 4,793,782	$ 3,060,736	$ 11,495,871	$ 9,781,990
COST OF SALES, net	3,266,623	2,086,174	7,822,105	6,784,215
GROSS PROFIT	1,527,159	974,562	3,673,766	2,997,775
OPERATING EXPENSES
Salaries and wages	747,595	548,280	2,069,502	1,651,207
Professional fees	187,729	116,224	502,943	377,203
General and administrative	290,216	347,299	802,741	1,047,130
Total Operating Expenses	1,225,540	1,011,803	3,375,186	3,075,540
NET OPERATING INCOME (LOSS)	301,619	(37,241)	298,580	(77,765)
OTHER EXPENSE
Gain on conversion of convertible notes payable	226,230		226,230
Interest expense	(195,656)	(70,344)	(405,030)	(195,537)
Other Income (Expense)	(5,264)		(9,690)	54
Total Other Expense	25,310	(70,344)	(188,490)	(195,483)
Loss from continuing operations before income tax provision	326,929	(107,585)	110,090	(273,248)
Income Tax Benefit
NET INCOME (LOSS)	326,929	(107,585)	110,090	(273,248)
BASIC AND DILUTED LOSS PER COMMON SHARE	$ 0.02	$ (0.01)	$ 0.01	$ (0.02)
BASIC WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	15,549,967	14,892,141	15,325,987	14,892,141
DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	16,729,794	14,892,141	16,504,514	14,892,141
COMPREHENSIVE INCOME (LOSS) A Summary of the components of other comprehensive income (loss) for the periods ended September 30, 2013 and 2012 are as follows:
Net loss	326,929	(107,585)	110,090	(273,248)
Other Comprehensive Income (Loss)	29,888	(31,984)	14,164	20,487
Comprehensive Income (Loss)	$ 356,817	$ (139,569)	$ 124,254	$ (252,761)

XML

COMMITMENTS AND CONTINGENCIES

9 Months Ended

Sep. 30, 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. The parties have reached a tentative settlement.  A settlement conference is scheduled for November 2013, at which time the Judge will either accept or reject the settlement offer.

XML

INVENTORY (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
INVENTORY [Abstract]
Raw Materials	$ 212,969	$ 100,788
Finished Goods	488,637	477,038
Total Inventory	701,606	577,826
Less Reserve for Obsolete Inventory	(5,660)	(45,660)
Total Inventory (net of reserve)	$ 695,946	$ 532,166

XML

INVENTORY (Tables)

9 Months Ended

Sep. 30, 2013

INVENTORY [Abstract]

Schedule of Inventories

Inventories for September 30, 2013 and December 2012 were classified as follows:

		September 30, 2013		December 31, 2012
Raw Materials	$	212,969	$	100,788
Finished Goods		488,637		477,038
Total Inventory		701,606		577,826
Less Reserve for Obsolete Inventory		(5,660)		(45,660)
Total Inventory (net of reserve)	$	695,946	$	532,166

XML

ISSUANCE OF COMMON STOCK (Details) (USD $)		1 Months Ended
	Aug. 30, 2013	Sep. 30, 2013 Convertible Promissory Note [Member]	Sep. 09, 2013 Convertible Promissory Note [Member]	May 26, 2011 Convertible Promissory Note [Member]
ISSUANCE OF COMMON STOCK [Abstract]
Shares to be issued, shares	600,000
Shares to be issued, price per share	$ 0.50
Shares to be issued, value	$ 300,000
Debt Instrument [Line Items]
Original amount			281,758	281,758
Debt conversion, price per share				$ 0.20
Accrued interest			52,472
Amount converted		$ 334,230
Shares issued in conversion		540,000
Shares issued, price per share			$ 0.62

XML

FIXED ASSETS (Details) (USD $)	2 Months Ended
	Sep. 30, 2013
FIXED ASSETS [Abstract]
Amount of software project capitalized	$ 184,867

XML

RELATED PARTY TRANSACTIONS (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
RELATED PARTY TRANSACTIONS [Abstract]
Due to related parties	$ 34,407	$ 54,494

XML

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

9 Months Ended

Sep. 30, 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 September 30, 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 nine month period ended September 30, 2013 are not necessarily indicative of the operating results for the full year ended December 31, 2013.

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 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.

Principles of Consolidation

The consolidated balance sheets and statement of operations at September 30, 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 Earnings and Loss Per Share

For the current year basic earnings per share is computed by dividing the net income by the weighted-average number of common shares outstanding during the period. For the prior year the 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 convertible debentures, have not been included in the computation of diluted net loss per share for 2012, as the results would be anti-dilutive.  For 2013 these dilutive potential shares were included in the computation of diluted earnings per share. Accordingly there were 1,178,832 such potentially dilutive shares included as of September 30, 2013 and 6,353,275 such potentially dilutive shares excluded in 2012.

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 September 30, 2013 and December 31, 2012 an allowance for obsolete inventory has been recorded in the amount of $5,660 and $45,660, respectively.

Accounts Receivable

Accounts receivable arise from doing business with third party distributor centers in various locations throughout South America and Korea. In 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.  In Korea the accounts receivable are for products sold to a third party. 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 September 30, 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 September 30, 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 intangible 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 intangible assets are less than the net carrying amount of intangible assets. No impairment was recognized accordingly, during the periods ended September 30, 2013 and 2012.

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.

XML

INVENTORY

9 Months Ended

Sep. 30, 2013

INVENTORY [Abstract]

INVENTORY

NOTE 6 - INVENTORY

Inventories for September 30, 2013 and December 2012 were classified as follows:

		September 30, 2013		December 31, 2012
Raw Materials	$	212,969	$	100,788
Finished Goods		488,637		477,038
Total Inventory		701,606		577,826
Less Reserve for Obsolete Inventory		(5,660)		(45,660)
Total Inventory (net of reserve)	$	695,946	$	532,166

XML

NOTES PAYABLE

9 Months Ended

Sep. 30, 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 September 30, 2013 and December 2012:

		Sept. 30, 2013		Dec. 31, 2012
Note payable to financial institution bearing interest   at 7%, principle and interest due monthly, matures August, 2019, secured by equipment	$	20,095	$	20,097
Less current portion of notes payable		(2,175)		(2,096)
Net Long-Term Liabilities	$	17,920	$	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%	12/31/2015
$ 437,478	Related party	NA	7/31/2009	10%	12/31/2015
$ 45,000	Convertible, Related party	.15	10/7/2010	10%	12/31/2015
$ 200,000	Convertible, Related party	.20	1/19/2011	10%	12/31/2015
$ 394,962	Convertible, Non-related	.20	1/19/2011	10%	12/31/2015
$ 100,000	Convertible, Non-related	.20	3/14/2011	10%	12/31/2015
$ 231,756	Convertible, Non-related	.20	3/9/2010	15%	12/31/2015
$200,000	Convertible, Non-related	.08	12/28/2012 see below for details	10%	12/31/2013

On December 28, 2012 the Company entered into a line of credit promissory note agreement for a maximum line of $200,000.  The note included an interest rate of 10% and a stock conversion price of $.08. Below are the details of the draws against that line of credit.

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 $12,500 of which $12,305 and $195 have been recognized as interest expense during the periods ending September 30, 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 $12,500 of which $12,500 has been recognized as interest expense during the period ending September 30, 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. The Company recognized a beneficial conversion feature discount of $12,500 of which $12,500 has been recognized as interest expense during the period ending September 30, 2013.

On April 18, 2013, the Company entered into a convertible promissory note agreement of $21,205, under the terms of the $200,000 line of credit in exchange for expenses of $9,445 paid on behalf of the Company and cash of $11,760. The Company recognized a beneficial conversion feature discount of $12,500 of which $12,500 has been recognized as interest expense during the period ending September 30, 2013.

On August 27, 2013 the Company entered into a convertible promissory note agreement of $50,000 under the terms of the $200,000 line of credit in exchange for cash of $50,000. The Company recognized a beneficial conversion feature discount of $25,000 of which $6,746 has been recognized as interest expense during the period ending September 30, 2013.

On May 26, 2011, the Company entered into a convertible promissory note for $281,758 with a conversion price of $.20 per share.  On September 9, 2013 the creditor converted the principle note of $281,758 and accrued interest of $52,472 totaling $334,230 for 540,000 shares of common stock at a share price of $.62 per share. Because the note holder agreed to the increased conversion price, the Company realized a gain of $226,230 on the conversion.

XML

SUBSEQUENT EVENTS (Details) (USD $)	9 Months Ended		1 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Oct. 31, 2013 Convertible Promissory Note Agreement, October 4, 2013 [Member]	Oct. 04, 2013 Convertible Promissory Note Agreement, October 4, 2013 [Member]	Oct. 04, 2013 Line of Credit [Member]	Aug. 27, 2013 Line of Credit [Member]	Apr. 18, 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]
Debt Instrument [Line Items]
Original amount				$ 50,000
Line of credit, maximum borrowing amount					200,000	200,000	200,000	200,000	200,000	200,000
Expenses paid on behalf of the company	13,240		6,189
Proceeds from convertible note payable	111,760		43,811
Debt instrument, convertible, beneficial conversion feature	$ 65,000		$ 25,000

XML

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Condensed Consolidated Balance Sheets [Abstract]
Debt discount	$ 18,254	$ 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	16,352,141	15,212,141
Common stock, shares outstanding	16,352,141	15,212,141

XML

ISSUANCE OF COMMON STOCK

9 Months Ended

Sep. 30, 2013

ISSUANCE OF COMMON STOCK [Abstract]

ISSUANCE OF COMMON STOCK

NOTE 9 - ISSUANCE OF COMMON STOCK

On August 30, 2013 the Company agreed to issue 600,000 shares of common stock at .50 per share in exchange for $300,000 cash with an unrelated third party.

On May 26, 2011, the Company entered into a convertible promissory note for $281,758 with a conversion price of $.20 per share.  On September 9, 2013 the creditor converted the principle note of $281,758 and accrued interest of $52,472 totaling $334,230 for 540,000 shares of common stock at a share price of $.62 per share.

XML

Condensed Consolidated Statement of Cash Flows (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss	$ 110,090	$ (273,248)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	107,713	131,570
Debt discount amortization	56,551
Expenses paid on behalf of the company	13,240
Gain on conversion of debt	(226,230)
Changes in operating assets and liabilities:
Accounts receivable	(717,119)	(44,767)
Prepaid expenses	(79,872)	(10,384)
Inventory	(164,216)	274,887
Deposits	(7,431)	(138)
Accounts payable-related parties	(21,636)
Accounts payable	(43,215)	(305,938)
Accrued expenses	921,953	216,691
Deferred revenue	94,812
Net Cash Provided by (Used in) Operating Activities	44,640	(11,327)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of intangibles	(1,114)	2,121
Purchases of property and equipment	(207,410)
Net Cash Provided by (Used in) Investing Activities	(208,524)	2,121
CASH FLOWS FROM FINANCING ACTIVITIES:
Bank overdraft	42,085	(11,647)
Net proceeds (payments) from revolving bank line of credit	(97,039)	(46,918)
Payments on notes payable		(2,245)
Payments on notes payable - related parties		(145,113)
Proceeds from notes payable - related parties		100,000
Proceeds from sale of common stock	300,000
Proceeds from convertible note payable	111,760
Net Cash Provided by (Used in) Financing Activities	356,806	(105,923)
Effect of Foreign Currency on Cash	(82,100)	16,245
NET INCREASE (DECREASE) IN CASH	110,822	(98,884)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	89,253	223,099
CASH AND CASH EQUIVALENTS AT END OF PERIOD	200,075	124,215
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest	8,716	5,072
Cash paid for income taxes
SUPPLEMENTAL DISCLOSURES ON NON-CASH INVESTING AND FINANCING ACTIVITIES
Debt discount on convertible notes	$ 65,000

XML

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
CURRENT ASSETS
Cash and cash equivalents	$ 200,075	$ 89,253
Accounts Receivable	989,801	273,366
Prepaid expenses	182,548	47,364
Inventory	695,946	532,166
Total Current Assets	2,068,370	942,149
PROPERTY AND EQUIPMENT, net	253,840	85,139
OTHER ASSETS
Deposits and other assets	75,792	68,393
Trademarks, net	44,903	50,193
Customer base, net	278,168	342,360
Total Other Assets	398,863	460,946
TOTAL ASSETS	2,721,073	1,488,234
CURRENT LIABILITIES
Bank overdraft	91,959	49,875
Accounts payable	822,257	874,659
Accrued expenses	3,341,309	2,507,885
Deferred revenue	207,897	113,085
Due to related parties	34,407	54,494
Banking line of credit		97,039
Current portion of long-term debt	2,175	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 ($18,254 and $9,805, respectively)	858,464	1,023,670
Total Current Liabilities	6,525,946	5,890,281
LONG-TERM DEBT
Notes payable	17,920	18,001
Total Long-Term Debt	17,920	18,001
Total Liabilities	6,543,866	5,908,282
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;16,352,141 and 15,212,141 shares respectively issued and outstanding	16,352	15,212
Additional paid-in capital	31,445,090	30,973,230
Other comprehensive income (loss)	(30,632)	(44,796)
Accumulated deficit	(35,253,603)	(35,363,694)
Total Stockholders' Deficit	(3,822,793)	(4,420,048)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 2,721,073	$ 1,488,234

XML

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

XML

FIXED ASSETS

9 Months Ended

Sep. 30, 2013

FIXED ASSETS [Abstract]

FIXED ASSETS

NOTE 8 - FIXED ASSETS

On August 1, 2013 the Company began the Application Development Stage of a new POS software system. Through the third quarter of 2013 the Company has capitalized $184,867 of the software project.

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)

9 Months Ended

Sep. 30, 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.

Principles of Consolidation

Principles of Consolidation

The consolidated balance sheets and statement of operations at September 30, 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 Earnings and Loss Per Share

For the current year basic earnings per share is computed by dividing the net income by the weighted-average number of common shares outstanding during the period. For the prior year the 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 convertible debentures, have not been included in the computation of diluted net loss per share for 2012, as the results would be anti-dilutive.  For 2013 these dilutive potential shares were included in the computation of diluted earnings per share. Accordingly there were 1,178,832 such potentially dilutive shares included as of September 30, 2013 and 6,353,275 such potentially dilutive shares excluded in 2012.

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 September 30, 2013 and December 31, 2012 an allowance for obsolete inventory has been recorded in the amount of $5,660 and $45,660, respectively.

Accounts Receivable

Accounts Receivable

Accounts receivable arise from doing business with third party distributor centers in various locations throughout South America and Korea. In 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.  In Korea the accounts receivable are for products sold to a third party. 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 September 30, 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 September 30, 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 intangible 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 intangible assets are less than the net carrying amount of intangible assets. No impairment was recognized accordingly, during the periods ended September 30, 2013 and 2012.

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.

XML

RELATED PARTY TRANSACTIONS

9 Months Ended

Sep. 30, 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 $34,407 and $54,494 at September 30, 2013 and December 31, 2012, respectively.

XML

GOING CONCERN

9 Months Ended

Sep. 30, 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 an accumulated net loss totaling $35,253,603. 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.

XML

GOING CONCERN (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
GOING CONCERN [Abstract]
Accumulated deficit	$ (35,253,603)	$ (35,363,694)

XML

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2013

SUBSEQUENT EVENTS [Abstract]

SUBSEQUENT EVENTS

NOTE 10 - SUBSEQUENT EVENTS

On October 4, 2013 the Company entered into a convertible promissory note agreement of $50,000, under the terms of the $200,000 line of credit in exchange for expenses of $6,189 paid on behalf of the Company and cash of $43,811. The Company will record a beneficial conversion feature discount of $25,000, which will be amortized over the life of the note.

XML

NOTES PAYABLE (Schedule of Notes Payable) (Details) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended	9 Months Ended								1 Months Ended	9 Months Ended	12 Months Ended		1 Months Ended	9 Months Ended		1 Months Ended	9 Months Ended		1 Months Ended	9 Months Ended		1 Months Ended	9 Months Ended		1 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013 Debt Instrument One [Member]	Sep. 30, 2013 Debt Instrument Two [Member]	Sep. 30, 2013 Debt Instrument Three [Member]	Sep. 30, 2013 Debt Instrument Four [Member]	Sep. 30, 2013 Debt Instrument Five [Member]	Sep. 30, 2013 Debt Instrument Six [Member]	Sep. 30, 2013 Debt Instrument Seven [Member]	Sep. 30, 2013 Debt Instrument Eight [Member]	Dec. 31, 2012 Promissory Note Agreement [Member]	Sep. 30, 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]	Sep. 30, 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]	Sep. 30, 2013 Convertible Promissory Note Agreement, February 19, 2013 [Member]	Feb. 19, 2013 Convertible Promissory Note Agreement, February 19, 2013 [Member]	Apr. 30, 2013 Convertible Promissory Note Agreement, April 18, 2013 [Member]	Sep. 30, 2013 Convertible Promissory Note Agreement, April 18, 2013 [Member]	Apr. 18, 2013 Convertible Promissory Note Agreement, April 18, 2013 [Member]	Aug. 31, 2013 Convertible Promissory Note Agreement, August 27, 2013 [Member]	Sep. 30, 2013 Convertible Promissory Note Agreement, August 27, 2013 [Member]	Aug. 27, 2013 Convertible Promissory Note Agreement, August 27, 2013 [Member]	Sep. 30, 2013 Convertible Promissory Note [Member]	Sep. 09, 2013 Convertible Promissory Note [Member]	May 26, 2011 Convertible Promissory Note [Member]	Oct. 04, 2013 Line of Credit [Member]	Aug. 27, 2013 Line of Credit [Member]	Apr. 18, 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]
Debt Instrument [Line Items]
Convertible notes payable, related parties	$ 245,000		$ 245,000		$ 245,000			$ 45,000	$ 200,000
Notes payable, related parties	922,478		922,478		922,478	485,000	437,478
Convertible notes payable, unrelated parties	858,464		858,464		1,023,670					394,962	100,000	231,756	200,000
Debt conversion, price per share								$ 0.15	$ 0.20	$ 0.20	$ 0.20	$ 0.20	$ 0.08																			$ 0.20						$ 0.08
Origination date						Dec. 09, 2008	Jul. 31, 2009	Oct. 07, 2010	Jan. 19, 2011	Jan. 19, 2011	Mar. 14, 2011	Mar. 09, 2010	Dec. 28, 2012
Interest rate	7.00%		7.00%		7.00%	10.00%	10.00%	10.00%	10.00%	10.00%	10.00%	15.00%	10.00%																									10.00%
Maturity date			Aug. 31, 2019		Aug. 31, 2019	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2013
Line of credit, maximum borrowing amount																																	200,000	200,000	200,000	200,000	200,000	200,000
Debt instrument, convertible, beneficial conversion feature			65,000											12,500				12,500			12,500			12,500			25,000
Interest expense															12,305	195			12,500			12,500			12,500			6,746
Original amount																	25,000			25,000			28,740			21,205			50,000		281,758	281,758
Accrued interest																															52,472
Amount converted																														334,230
Shares issued in conversion																														540,000
Shares issued, price per share																															$ 0.62
Gain on conversion of convertible notes payable	226,230		226,230																											226,230
Expenses paid on behalf of the company			13,240																		3,740			9,445
Proceeds from convertible note payable			$ 111,760																		$ 25,000			$ 11,760			$ 50,000

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Basic and Diluted Loss Per Share
Potentially dilutive shares excluded from computation of diluted net loss per share	1,178,832	6,353,275
Inventory
Allowance for obsolete inventory	$ 5,660		$ 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

XML

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 08, 2013
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2013
Entity Registrant Name	FOREVERGREEN WORLDWIDE CORP
Entity Central Index Key	0001091983
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2013
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		16,352,141

XML

NOTES PAYABLE (Schedule of Long-term Liabilities) (Details) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 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	$ 20,095	$ 20,097
Less current portion of Notes payable	(2,175)	(2,096)
Net Long-Term Liabilities	$ 17,920	$ 18,001
Interest rate	7.00%	7.00%
Maturity date	Aug. 31, 2019	Aug. 31, 2019