Hot Business News Today

Hot Business News Today

ViSalus Management Buyout Will Cut Blyth Stake to 10%

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The co-founders of ViSalus will lead a management buyout of the weight-loss and fitness brand, according to a disclosed agreement with parent company Blyth Inc. Following Tuesday evening’s announcement, shares in Blyth jumped during pre-open trade and rose 36 percent on Wednesday to close at $9.07 per share.

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Court Order To Take Control Of Banners Broker Issued

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The website of suspected pyramid scheme Banners Broker was down yesterday as investigators received a court order to go after assets linked to the firm in Canada.
Around 12,000 Irish people invested in the scheme and collectively handed over millions of euro.
The company, which claimed it could make people rich though online advertising, suffered a major blow earlier this year after liquidators were appointed to Banners Broker International Ltd (BBIL), which was based in the Isle of Man.
This week the liquidators obtained a court order to take control of anything owned by BBIL and to compel its Canadian based operators to reveal the whereabouts of the company’s assets. 
Court papers reveal the growth of the company, how it moved its assets and the efforts by investors to recover their funds. 

Affidavits filed with the court said: “An online cloud-based business, BBIL’s operations were international in scope and  its physical presence in any one jurisdiction was negligible.”

Irish people were among the first to be duped by the scam. Banners Broker Ireland Ltd was set up in December 2011. 
Under an agreement the Irish operation was entitled to 5 per cent of all sales in Ireland and 7 per cent if it hit a turnover of more than

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Trévo CEO To Travel To Ghana

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Trévo President and CEO, Mark Stevens, will be continuing the final portion of his current West Africa tour in Ghana September 6-10 after spending time in Côte d’Ivoire with the Trévo team. Over two years Trévo Ghana has expanded to three offices located around the country and continues to grow and impress the entire Trévo family.
Stevens and Ghana Country Director, Benjamin Odiko, will be presenting “Creating Your Explosive Team.” This will be the first time Trévo Ghana Life and Health Coaches and potential Trévo distributors will be able to hear this presentation and only the second time Stevens has conducted this training, the first being in Nigeria only a few months ago.
Participants will learn the key leadership characteristics that will empower team building and take leaders to the next level of success. They will hear testimonies from leaders who have used the characteristics to create explosive residual income and have created a lasting legacy that will empower others for years to come.
Current Life and Health Coaches benefit greatly from bringing people to see Stevens present because it shows them firsthand what Trévo is all about. Stevens is a highly motivational and a well-versed individual who has the fabulous ability to

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