David Johnson - Chief Accounting Officer Al Bala - CEO & Chief Science Officer

Greetings and welcome to the Mannatech Incorporated Third Quarter 2015 Earnings Conference Call. At this time, all participants are in a listen-only mode. As a reminder, this conference is being recorded. Now, I’d like to introduce our moderator for the call today, Mr. David Johnson, Chief Accounting Officer. Mr. Johnson, you may begin.

Thank you. Good morning, everyone. This is David Johnson, and welcome to Mannatech’s third quarter 2015 earnings call. Today, you will hear from both me, and Mannatech’s new Chief Executive Officer, Al Bala. Before we begin the call, I will first read the Safe Harbor statement. During this conference call, we may make forward-looking statements which can involve future events or future financial performance. Forward-looking statements generally can be identified by the use of phrases or terminologies such as will, continue, may, believe, intend, expects, potential, should, and plan or other similar words or the negative of such terminology. We caution listeners that such forward-looking statements are subject to certain events, risks, uncertainties and other factors and speak only as of today. We also refer our listeners to review our SEC submissions. At this time, I’d like to make a few comments concerning our third quarter of 2015 operating results. Net income for the third quarter of 2015 was $0.1 million or $0.03 per diluted share as compared to net income of $5.1 million or $1.89 per diluted share for the third quarter of 2014. The third quarter 2015 net sales decreased $11.7 million, a 21.2% to $43.9 million compared to net sales of $55.6 million for the third quarter of 2014. The net sales comparison for the quarter was affected by foreign exchange and the launch of the Ūth skincare product in our international markets in 2014. Instead of the $11.7 million decrease, on a constant dollar basis net sales for 2015 would have decreased by $7.4 million or 13.3% as compared to the prior year. Net sales attributable to our Ūth skincare product were $1 million the three months ending September 30, 2015 as compared to $7.2 million for the same period in 2014. We use constant dollars…

Thank you for listening to Mannatech’s third quarter 2015 earnings call. As a reminder, company information and filings can be found at the company’s Investor Relations website at ir.mannatech.com or by reviewing the SEC submissions. This concludes today’s call.