Hot Business News Today

CVSL, Direct-Selling Acquisition Company, Requests To Raise $100 Million

 
CVSL Inc.[NYSE MKT: CVSL] said today that is has filed a  shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC) to allow the Company to raise up to $100 million in incremental capital on an as-needed basis for acquisitions and general working capital. 
The registration statement also includes a sales agreement prospectus that would allow for the sale of up to $25 million in at-the-market (ATM) offerings. 
The registration statement has been filed, but has not yet become effective.  At the present time, the Company has no specific plans to issue securities under the registration statement.  If and when the registration statement is declared effective by the SEC, the Company will be able to offer and sell, from time to time, up to $100 million of securities such as common stock, preferred stock, debt securities, warrants, units or any combination thereof. 
Following the effectiveness of the shelf registration statement, the Company may periodically offer one or more of the registered securities in amounts, at prices, and on terms to be announced when, and if, the securities are offered.  The terms of any securities offered under the registration statement, and the intended use of the net proceeds resulting therefrom, will

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Melaleuca Making Great Strides

 
Melaleuca Company founder Frank Vandersloot shared how he grew his company into a billion dollar enterprise.
Vandersloot spoke at the Greater Idaho Falls Chamber of Commerce CEO Speaker series.
Melaleuca is based in Idaho Falls and is the largest manufacturer of packaged goods in the Northwest, focusing products on wellness.
The company is currently putting the finishing touches on a new headquarters just south of Idaho Falls.
Vandersloot says he’s excited to get everyone back under the same roof together.

“We are totally moved in right now.  It was a process that took two weeks but one thing that I am really excited about, it took no longer than two hours for every employee.  So every employee that moved which was like 1,700 folks, the most they were down was two hours a piece,” says Melaleuca founder, Frank Vandersloot.

Frank Vandersloot was just selected for the Horatio Alger Award for entrepreneur’s and the award recognizes spirit of free enterprise.
Past winners include Astronaut Buzz Aldrin, President Ronald Regan and country music legend Johnny Cash.
Although these are positive accolades for Melaleuca. The company is still under scrutiny from the industry. Compensation plan changes are still kept discreet and Vandersloot continues to deny that Melaleuca is a multi-level-marketing company, although it

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LIMU Racks Up Over 100 Awards In Less Than A Year

 
LIMU shared the following on their blog:
With its most recent Stevie Awards, LIMU has now won a total of 105 awards for its Marketing and Branding initiatives in just the last 11 months.
We’ve garnered significant recognition with awards in business, marketing, creativity, packaging, event planning, videography, graphic design, mobile applications, website, digital media and social media.
Most recently, LIMU won 9 Stevie Awards in the 12th Annual American Business Awards competition, which recognizes global achievements and favorable contributions to business.  LIMU received awards in a wide variety of categories, including:
• BLU FROG 2 (Best New Consumer Product)
• An Experience Like No Other (Video: Corporate Overview Category)
• 2014 LIMU International Convention (Event: Best Internal Recognition/Motivational Event)
• 2014 LIMU International Convention Opener (Video: Branded Entertainment Category)
• LIMU Corporate Website (Website Design)
• LIMU Mobile (Business Apps)
• LIMU BMW CLUB (Video: Branded Entertainment Category)
• #BLU2 Launch (Video: Product Sales Category)
• LIMU Facebook (Best Facebook Page)

“Powering our mission to help people “Be more” in all facets of life, LIMU is positively impacting the lives of hundreds of thousands worldwide, offering ultra-premium nutritional products and a highly effective new business model,” says Justo Nunez, Vice President of Marketing.  “Our Marketing is designed to help LIMU Promoters create strong businesses, and it is

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