Business For Home has received the following statement from Dubli Corporate:
Official DubLi Statement Regarding Matt Trainer Video:
As a company, DubLi will respond in the best interest of its shareholders, Business Associates, customers and employees to protect and preserve its reputation against unmitigated attacks. Fictitious stories concerning DubLi’s business model or its management team will be challenged.
As such, DubLi will be filing suit against Matt Trainer in response to his fabrications put forward in a video last week.
In keeping with its status as a public company under U.S. Securities and Exchange Commission guidelines, DubLi has a strict corporate policy against commenting on or forecasting conversion rates or any other financial benchmark.
The company has never, not to Mr. Trainer or anyone else, made any statements as to expected conversion rates. Nor has the company mentioned how DubLi may or may not convert in Mr. Trainer’s personal marketing system that he has attempted to sell
Hot Business News Today
Hot Business News Today
Trévo Continues To Growth Worldwide
by Ted Nuyten • • 0 Comments
It’s been a busy summer for Trévo, as the company is just weeks removed from grand opening events in several new countries as well as the launch of a completely new system, including a brand new corporate website, new personal sites, and a new back office system.
TRÉVO’S Founders are Mark and Holli Stevens who have a proven track record of over 16 years as owners of a successful network marketing company. Mark and Holli have also been on the “other side of the table” as independent representatives, building organizations with tens of thousands of members.
This dynamic duo also possess nearly four decades of combined business ownership expertise.
The company also rolled out new features for Trévo Builder, a personal online system designed to help their Life and Health Coaches grow and operate
Hot Business News Today
Chip cards? Small business owners unaware of planned changes
by Successful IBO • • 0 Comments
A majority of small-businesses owners are unaware of an impending shift that could leave them liable for fraud committed with a new generation of chip-imbedded credit cards.
Hot Business News Today
120,000 Miles Later, Dinner Lab Lands a Fresh Round of Funding
by Catherine Clifford • • 0 Comments
As the New Orleans-based startup grows, it’s founder is learning that being headquartered in the Big Easy can be a big challenge.
Hot Business News Today
Top Member Of Herbalife’s Legal Team Leaves Company
by Tina Williams • • 0 Comments
The NY Post reports: A top member of Herbalife’s legal team has left the building.
Jim Berklas, who was the associate general counsel and chief compliance officer of the Los Angeles company, on Monday joined the Barnes Group, a Connecticut aviation company.
Berklas spent seven years with the diet shake seller that activist Bill Ackman has bet $1 billion is a pyramid scheme.
Herbalife has vehemently denied the accusation.
The exit of Berklas comes less then three months after Herbalife disclosed a criminal probe into its business practices and said a number of top executives and distributors have been subpoenaed by the Department of Justice.
At least one of those distributors, a veteran member of its 60-person “Chairman’s Club,” has become a whistleblower with law enforcement, The Post has learned.
Berklas is the first senior exec to leave Herbalife
Hot Business News Today
Amway Makes Major Social-Media Push
by Tina Williams • • 0 Comments
Amway Corp., a U.S.-based direct-selling company, has announced plans to expand into China’s online retail sector, as the world’s largest direct selling company in terms of sales seeks better options to increase its revenues and lure younger customers in the country, the China Daily reported.
The $10.8-billion direct-selling company made the announcement about digital strategy on Aug. 2 in Guangzhou, Guangdong Province. The company also expressed willingness to launch an online social networking platform and mobile applications, as a move to go beyond its existing offline direct-selling market.
According to the report, the company’s sales representatives can purchase products through the social networking platforms and the company will be responsible for delivering the goods to their consumers.
Frances Yu, the company’s chief marketing officer, said that the online method has been tested by the company
Hot Business News Today
Avon Looks To IT To Help Continue Improvement
by Tina Williams • • 0 Comments
The Wall Street Journal reports: Cosmetics giant Avon Products Inc. continues to attempt a turnaround amid falling sales and difficulty retaining its signature door-to-door representatives. Behind the scenes, Avon’s IT department is working to modernize the company’s IT architecture to usher the business into the digital age, says CIO Sue Liddie.
Today, Avon is embracing smaller regional implementations over global rollouts.
“We need to architect solutions fit for purpose, sensitive to and agile enough to respond to each of those groups,” Ms. Liddie said during an interview in June. Avon’s IT infrastructure should be built so individual markets can tweak technology when needed without disrupting the entire stack, she added.
Ms. Liddie says she hopes a more loosely coupled architecture will give Avon the agility to adapt quickly to individual market demands and expand online and
Hot Business News Today
Herbalife Q2 Revenue Down 11% To $1.2 Billion
by Ted Nuyten • • 0 Comments
Herbalife Ltd. (NYSE: HLF) reported second quarter net sales of $1.2 billion. Local currency net sales grew by 1%, while reported net sales declined 11% primarily due to the continuing unfavorable impact of currency exchange rates.
Adjusted1 earnings for the quarter were $1.24 per diluted share compared to $1.55 per diluted share for the same period in 2014.
On a reported basis, second quarter net income was $82.8 million, or $0.97 per diluted share, compared to $119.5 million, or $1.31 per diluted share for the same period in 2014. Second quarter 2015 diluted EPS was negatively impacted by a $0.412 currency fluctuation.
For the quarter ended June 30, 2015, the company generated $197.6 million in net operating cash flow, and invested $16.2 million in capital expenditures.
The company is raising its adjusted diluted EPS
Hot Business News Today
Honolulu council expands ban after complaints about homeless
by Successful IBO • • 0 Comments
The Honolulu City Council has voted to expand the ban on sitting and lying on sidewalks following complaints from tourists about homeless people living near the beach.
Hot Business News Today
Craft a Great Email Sales Pitch by Following This 5-Step Process
by Jeff Boss • • 0 Comments
However, emails are also easy to ignore. While there isn’t much of the human element in sending emails, there is just as little in receiving them, which means it’s easier for people to hit their favorite button: delete.