Hot Business News Today

TelexFree Co-Owner Asks Courts To Release $4M For Legal Costs

Facing steep costs to defend himself against a criminal fraud charge, TelexFREE co-owner James Merrill has asked a federal court to release more than $4 million of his money so he can pay his legal fees.
While the Ashland man’s attorney’s 8-page motion doesn’t mention where that money came from, Merrill argues it’s the responsibility of U.S. prosecutors to prove the funds are related to their charge against him, which stems from his alleged role atop what they say was an international pyramid scheme.
“Certainly, the government is in no position to challenge the contention that extraordinary funds are necessary to defend the instant prosecution,” Boston-based lawyer Robert Goldstein wrote in the Tuesday filing in U.S. District Court in Worcester. “Indeed, at the original bail hearing, the government not only argued this was not ‘a typical white-collar case,’ but it proceeded to argue that it ‘is probably the largest financial fraud being prosecuted in the United States currently…'”
Merrill specifically identifies five accounts he hopes to draw from to fund his defense: two held in Merrill’s name containing $79,684.28; two in Merrill’s and his wife Kristin Merrill’s names containing $4,090,085.97; and one in the name of his cleaning company, Cleaner Image Associates, containing $10,643. All of those accounts were frozen by the


QNET Supports Globby E-Commerce Platform in Singapore

Singapore recently hosted a presentation of a new E-Commerce Service. Globby E-Commerce Platform is designed to support small business development in Southeast Asia.
QNET International welcomes the development of electronic commerce in Asia, as the company’s management believes that the development of the e-commerce market is crucial for future growth.
QNET is constantly improving its own products as well as delivery methods to the end user.
The greater number of companies that create an opportunity to promote their products through eCommerce, the greater the number of people in the world get to choose for themselves exactly the way they’d like to purchase goods.
This type of trade is beneficial as the producer has an opportunity to reduce the budgetary output costs and and the consumer has the opportunity to reduce costs pertaining to the acquisition of goods.
QNET supports eCommerce development in many countries. In early February of this year, the Company became a member of The QNET E-Commerce Association in the Philippines. This non-profit partnership engages in increasing the competitiveness of Philippine business in the global market. It brings together the leading players in the electronic market of this country.
Joachim Steffen, regional director of QNET in the Commonwealth of Independent States (CIS) and Europe,


Agel Opens Corporate Headquarters in USA

Congratulations to Agel Enterprises, as they have recently opened a new World Headquarters in Pleasant Grove Utah.
Company president, Craig Bradley, said the Agel (pronounced a-jell) product group was founded nine years ago after he learned of a suspension gel technology that allowed for better absorption of nutrients.
“We knew this was a billion dollar idea. It’s been our goal to build a team that can take that idea to fruition,” Craig Bradley said.
The co-founders and also co-CEOs, Jeff Higginson and Jeremiah Bradley, have incorporated family into their business. Jeremiah Bradley and vice president Zach Bradley are brothers and their father is Craig Bradley.
Jeff Higginson’s brothers, vice presidents Sam Higginson and Scott Higginson, are additionally on the executive team helping to manage the ever-expanding corporation.
Family and the work culture at Agel was showcased at the grand opening ceremony.
To allow the community to become acquainted with Agel’s marketing program, its products, and to celebrate the opening of their new work space, Agel invited Pleasant Grove city officials, local business leaders, and their top selling representatives from around the world, to a ribbon cutting ceremony at company headquarters.
Oskar Okko, a representative from the nearby BMW car dealership, attended the ribbon cutting and open house.


Herbalife Stock May Rise Over Next Few Days

Bidness Etc predicts a rise in Herbalife stocks in their article posted today:
Herbalife Ltd. (HLF) is up about over 33.5% since our last Bullish update on the stock in March. The stock is still down about 15.2% year-to-date (YTD) due to persistent concerns regarding its business model and related investigations; however, it has been on an upswing since April as a result of the company’s strong financial performance.
Herbalife’s trust-building initiatives – such as providing a Gold Standard Guarantee and posting testimonials from members and customers on – have also helped it make its business model more transparent, thereby boosting investors’ confidence in the company.
Herbalife is already working on reducing its dependence on its multilevel marketing model – the main point of contention with its critics – with new campaigns. It launched “CR7 Driven to Perfection” with Cristiano Ronaldo last month. As part of the campaign, Ronaldo fans from around the world created and posted photos or videos on their Facebook profiles to show how they individually strive for perfection. Ronaldo chose his favorite video from among the submissions and shared it on his official Facebook page.
These new campaigns are expected to engage more members and customers from around the world, reinforce investor confidence, and


ViSalus Comes To Austria And Germany

Vi Promoters from all over Austria and Germany stepped up their efforts to Challenge others by taking part in the historic Vi Austria and Vi Germany Pre-Launch.
“Creating new leaders and Challenging the world” was just one of the many inspiring messages that the three Vi Founders Ryan Blair, Blake Mallen and Nick Sarnicola brought to life on stage.
Launching the first non-English-speaking markets in Europe has become a reality… The Challenge has officially arrived.
Successful leaders from all over the world, including Vi Millionaires and the new markets’ pioneering Promoters, were among the featured speakers.
The audience, which included attendees from the United Kingdom, Ireland and North America, was moved and motivated by the many recognitions on stage, and by Ryan Blair’s inspiring speech about how he became Vi’s CEO.
Event highlights included:

Launches of the new Fuel Kit as well as Challenge Mobile for Austria and Germany
National Directors and above signing our Vi Founding Charter (opportunity to sign the Charter extended until the official Vi Germany and Vi Austria launch event)
Celebration of Vi Germany’s First Ambassador Ralf Schönwerth
Regional leaders sharing their stories on stage
Announcement of new PROJECT 10™ Kids partnership
New Overview video and DVD
Reprints of Vi’s published story and expansion news in Netcoo Magazine, a leading


Zija Experiences 30% Growth in Japan During June

Zija International recently experienced its best month ever in Japan since launching there in 2010.
The company introduced a new promotion called “Fast Start Commissions (FSC)” in May, which has taken off and helped Zija Japan experience 30% growth during June 2014.
In response to the success of the FSC promotion, Zija recently launched 2 new promotions that go along with it called Race to Summit 2014 and Fast Start 500, respectively.
Both are expected to further help all markets participating in the FSC promotion—including the United States, Canada, and the company’s Southeast Asia and Latin American markets—to experience similar types of growth and Distributor success.
Zija International 
located in Lehi, Utah, develops natural, earth-friendly health, wellness, nutrition and fitness products. Zija currently operates in 50+ countries worldwide through its global family of Independent Distributors.
Although the company has been in business for only a few short years, it has experienced impressive growth year after year and been recognized as one of the fastest-growing and top-revenue companies by Inc. Magazine, Direct Selling News, and Utah Valley Magazine, to name a few.