Hot Business News Today

Hot Business News Today

ForeverGreen Worldwide Corporation Accelerates Business In India

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ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced a number of ForeverGreen’s management team members traveled to India in November to meet with top leaders and accelerate business in the region. Among ForeverGreen’s leadership were Jack Eldridge, CFO; Joe Jensen, Vice President of Sales; and Bob Mower Steed, President Asia Pacific.
On the first day of the visit, ForeverGreen hosted a fly-in event at the ForeverGreen India’s office in Ahmedbad. Over 350 members attended as well as a number of high profile leaders from other direct marketing companies.
The next few days were dedicated to the Nirankari Wellness Mission event in India’s capital, Delhi. The charitable event is a bi-annual gathering where close to two million people can access free medical care, thousands can eat at an open-air soup kitchen and all can gather to hear Baba Ji, the spiritual leader of one of the largest sects in India.
“We partnered with Life Chiropractic College, The International Association of Chiropractors and the Indian Association of Chiropractors to provide pain relief to the masses through chiropractic adjustments and the application of PowerStrips by chiropractors to several thousand patients over the three days of treatment at the event,” said

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Amway One By One Recognized As One Of The Best Community Improvement Programs In The World

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Corporate Citizenship Awards honor business initiatives that make a significant, positive impact in society. 
Last week, Amway One by One was recognized as one of the Best Community Improvement Programs in the world by the U.S. Chamber of Commerce Foundation at a formal event in Washington DC.
The Corporate Citizenship Awards honor business initiatives that make a significant, positive impact in society. For 15 years, finalists in the Citizens Awards exemplify the continued evolution of the corporate citizenship field, defining its movement from the periphery of business activity to the strategic alignment with the sector’s core.
Amway One by One went on to share their thanks: 

“In the United States, it’s the Thanksgiving holidays and we have so much to be thankful for.
We want to thank all of the Amway Business Owners and employees who have given time, resources and voice to help in  the local communities of moer than 100 countries and territories through the Amway One by One Campaign for Children over nearly 12 years.
We also thank all of our great partners – nonprofit organizations, government agencies, academic institutions, celebrity spokespeople – who ensure that our collective investments have a meaningful impact.”

About Amway
Amway is an American company using multi-level marketing techniques to sell a variety of products, primarily in the

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Herbalife Wins Court Approval For Class-Action Lawsuit

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Herbalife Ltd won preliminary court approval of its $15 million settlement of class-action litigation accusing the maker of weight loss and nutritional products of being a “pyramid scheme” that misleads distributors about how much money they can make.
In a decision dated Tuesday, U.S. District Judge Beverly Reid O’Connell in Los Angeles called the accord “fair, reasonable, and adequate,” a standard often used to assess class-action settlements.
The accord also requires Herbalife to provide up to $2.5 million to distributors who return unused products.
In addition, Herbalife agreed to change some corporate policies, including over how it defines distributors and handles shipping charges on returned products, for at least three years.
The Los Angeles-based company did not admit wrongdoing. O’Connell scheduled a May 11, 2015 hearing to consider final approval of the accord. About $5.25 million of the settlement funds could go toward attorney’s fees.
Herbalife has long been under attack by short-sellers like billionaire hedge fund manager William Ackman, who has accused it of inflating results that depend more on its ability to recruit new distributors than its ability to sell products.
Authorities such as the FBI, the U.S. Federal Trade Commission, and some state attorneys general have also been probing Herbalife’s activities.
Herbalife has denied being

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Heidi Ekstrom Poche’ Is Isagenix’ Newest Millionaire

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Heidi understands better than most that moms really do know best.
Her Own Experience
Her mother, Shauna, also an Isagenix Millionaire, attempted for years to get her daughter to try Isagenix. Shauna would send Heidi products time and time again, but Heidi would usually let them pile up and eventually just give them away.
That changed when Hurricane Katrina hit New Orleans in 2005. With the entire city shut down, it was nearly impossible to get food at the grocery stores. Heidi, who was eight months pregnant at the time, finally pulled out the Isagenix protein bars she had stashed away.
In 2007, after her daughter turned 1, Heidi was ready to embrace the Isagenix systems. She started using the Cleansing and Fat Burning Systems and lost about 20 pounds.*
“I believe people need to have their own experience that stamps it into their brain,” shares the newest Isagenix Millionaire. “It does something. My mom’s perseverance is what brought me here. But creating my own experience is what kept me here.”
Her results did not go overlooked.
“A lot of people really took notice after that,” remembers Heidi. “That let me know there was something to this idea of sharing with people.”
[family beach] Identifying an Opportunity
Heidi remained hesitant to pursue an

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Direct Selling Company CVSL Withdraws $60 Million Equity Raise

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CVSL, which acquires and improves the operations of small direct selling businesses, withdrew its plans for a public offering on the NYSE MKT on Friday. It is currently traded on the OTCQX Marketplace under the symbol CVSL and commands a market cap of about $350 million. It first filed in May and planned to raise $60 million in November. While the company has withdrawn its plans for an equity raise, it still plans to uplist to a major exchange within the next several trading days. 
CVSL is controlled by Chairman and CEO John Rochon, the former head of Mary Kay. Its nine portfolio companies’ industries include home improvement, gourmet foods, skin care and nutritionals. CVSL builds these independent businesses using its expertise in e-commerce, social media and micro-enterprise strategy as well as bringing efficiencies in finance, IT and the supply chain. 
The Plano, TX-based company was founded in 2007 and booked $89 million in sales for the 12 months ended September 30, 2014. It had planned to list on the NYSE MKT under the symbol CVSL. Cantor Fitzgerald, JMP Securities and Janney Montgomery Scott were set to be the joint bookrunners on the deal.
The article Direct selling company CVSL withdraws $60 million equity raise originally appeared

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Possible New Utah Legislation May Affect Utah Based MLM Companies

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The assistant attorney general in charge of protecting the Utah Division of Consumer Protection from overly curious consumers says he believes in the principle of “innocent until proven guilty.” Which, of course, he should.
But it might come as a surprise to the many other state and local prosecutors across Utah that Assistant A.G. Chè Arguello defines that principle as justifying a state law that keeps confidential all the consumer complaints the division receives, until and unless that agency actually takes some enforcement action against a company.
Were that the usual standard, there would be no public reporting of the names of, or evidence against, anyone accused of murder or theft until after they had been found guilty in court. Wouldn’t want to unfairly besmirch the name of anyone who hadn’t actually been convicted, now would we?
The State Records Committee last week upheld Arguello’s argument and allowed the Consumer Protection Division to continue to sit on any and all complaints lodged against a Provo-based multi-level marketing outfit called Wake Up Now. Because, apparently, state law on the matter is clear.
Which is why the Utah Legislature should change that law, and make such Consumer Protection Division records open to the public.
The matter was raised by a national nonprofit consumer watchdog called Truth in

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