A production company formed to make a biographical film about singer Greg Allman was cited by federal regulators Thursday for workplace safety violations stemming from a train crash in rural Georgia that killed a camera assistant and injured six others.
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4Life Research Donates $100,000 To Auburn University
by Nicole Dunkley • • 0 Comments
Aburn University receives $100,000 gift from 4Life Research. The Molecular and Applied Sciences Laboratory in the School of Kinesiology will use the $100,000 donation from 4Life Research to advance the science of 4Life products, study new ingredients, and conduct ongoing research in support of current and future products for distributors and customers alike.
4Life Chief Scientific Officer Chris Lockwood, PhD, CSCS: “As an industry leader, our investment in university research is an absolute necessity to 4Life’s corporate goals of innovation, substantiation, and education.”
“4Life works continually to establish product credibility through exploratory research. Academic associations like this one with Auburn University are key to our strategic initiatives in the marketplace.” says 4Life President and CEO Steve Tew.
4Life’s donation to Auburn University will also fund the purchase of laboratory equipment, graduate student scholarships, and research-related faculty travel.
4Life Founder and Chairman of the Board David Lisonbee: “Research is in the name I used to launch the company. The science of transfer factor and supplementation is our foundation. We will continue to invest in the
ongoing work of our Health Sciences Advisory Board, patent acquisition,academic partnerships, and the leading technologies of our Research and Development team.”
About 4Life
4Life’s leading group of doctors, scientists, and researchers continue to
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Youngevity International And Actor Danny Glover Team Up To Fight Diabetes And Obesity
by Nicole Dunkley • • 0 Comments
Youngevity International Inc., a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail, and direct sales channels, has teamed up with actor/celebrity and health advocate Danny Glover, to help educate individuals on the benefits of proper nutrition, activity, and wellness principles as solutions to the growing health concerns of diabetes and obesity.
Youngevity® has been bringing the message of the valuable and beneficial role of nutrition, exercise and proper dietary supplementation in combating these types of growing health concerns for over 17 years.
Youngevity products, specifically its signature nutritional systems of the Healthy Body Paks™, have been designed and formulated to support the body’s health potential in various health conditions and states, using the 40 years of research of their founder, Dr. Joel Wallach, and continued collaboration and evaluation with academic and research institutions such as Clemson University, University of Manitoba, University of Boston, University of Minnesota, and University of Rhode Island.
Danny Glover, actor and celebrity health advocate, had been introduced to the Youngevity® products through a close friend due to some personal health challenges and he experienced immediate benefits. His passion for helping others and his celebrity position created an
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Youngevity Reports Q2 Results Up 57% To $32.7 Million
by Nicole Dunkley • • 0 Comments
Youngevity International, Inc., a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the second quarter of 2014.
2014 Second Quarter Highlights:
Net revenue increased 56.6% to $32.7 million compared to $20.9 million for the second quarter of 2013.
Gross profit increased 49.2% to $18.9 million compared to $12.7 million in the same period last year.
Operating Income was $1.2 million, an increase of 14.9% over the prior year period.
Adjusted EBITDA increased 17.5% to $2.0 million for the three months ended June 30, 2014 compared to $1.7 million in the same period for the prior year.
“Our quarterly results demonstrate the strength of our unique business model and we are very pleased to report record revenue,” stated Steve Wallach, Chairman and CEO of Youngevity International. “In the second quarter, we capitalized on strategic opportunities for our Company and we remain well positioned for long-term growth in the United States and globally.”
Dave Briskie, CFO of Youngevity International, said “We are very pleased to deliver record revenue and our eighth straight quarter of profitability. As in the first quarter, Q2 numbers carried a significant expense load related
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Bill would expand stealth bomber tax credit
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Dueling bidders for a major Pentagon stealth bomber contract would be eligible for massive tax credits under a bill that’s on Gov. Jerry Brown’s desk.
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Mannatech launches New Social Sharing Platform
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Mannatech®, Incorporated , the pioneer of nutritional glycobiology, and leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, recently concluded its national training event, MannaQuest 2014, in Chicago, August 8-9, 2014.
Promoted as “the ultimate training weekend,” MannaQuest features the company’s top field leaders and provides a platform for Independent Associates to share best practices and recognize each other. Corporate leaders announced new support tools and initiatives that are designed to further strengthen the Mannatech brand and the company’s rewards program for Independent Associates.
In particular, Mannatech launched MannaSocial, a new social sharing platform. The online platform enables Associates to easily share Mannatech content across multiple social media profiles. In addition, much of the training highlighted the company’s Three Point Plan, which aims to simplify the steps Associates can take in gaining success quickly with the company. Some of the company’s most successful champions of the plan from South Africa were hosted to share with the North American attendees.
“The training given at MannaQuest 2014 was some of the best I’ve seen in my 35 years in this industry,” commented Al Bala, Mannatech President. “The energy was high – fueled by
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ForeverGreen Worldwide Announces Q2 2014 Results
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading provider of nutritional foods and other healthy products announced Q2 2014 earnings. The quarter ended June 30, 2014.
Recent Company Highlights:
New leaders, distributors and customers added at record pace each month during 2014
Company achieved fifth consecutive quarter of operating profitability and second consecutive quarter of growth in operating and net income
Sales increased each quarter for the last 5 quarters
Company actively shipped product in 174 countries, up from just 150 at end of 2013
Company added new product, SolarStrips, to product portfolio
Company expanded to new corporate headquarters in Pleasant Grove, UT
Company met or exceeded monthly targets necessary to remain on target for the increased company guidance of $41-50 million of revenue during 2014
Highlights for Q2 2014 included:
Sales increased to $14,127,840 from $4,007,611 for Q2 2013, a 253% increase
Gross profit rose to $11,233,332 compared to $2,852,371 during Q2 2013, a 294% increase
Gross profit margins increased to 79.5% versus 71.1% during the comparable quarter during 2013
Operating income was $412,360 compared to $92,653, a 345% increase
Net income totaled $454,856 or $0.02 EPS versus a net loss of $5,383
Operating expenses excluding sales and marketing declined as a percentage of revenue from 31.9% in 2013 to 24% in 2014
Interest expense decreased to $70,407
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Assembly passes bill expanding franchisee rights
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A bill that generated spirited debate over the leverage corporations such as McDonald’s and Subway can hold over their franchise owners narrowly passed the Assembly on Thursday.
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California home sales decline amid tight market
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California home sales declined in July compared to the same time last year as buyers struggled to find something they could afford in the tight market, a research firm said Thursday.
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FairPoint, unions continue negotiations
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FairPoint Communications and two unions representing more than 1,700 workers in Maine, New Hampshire and Vermont are continuing negotiations but report little progress nearly two weeks after the contract expired.