Blyth And ViSalus Founders Complete ViSalus Transaction

 
ViSalus and Other Preferred Shareholders Now Own Approximately 90% of ViSalusTransaction Extinguished 2017 Redemption Obligation
 Blyth, Inc. today announced that it and the Founders and certain other preferred stockholders of its ViSalus network marketing subsidiary have completed the exchange of all of the Redeemable Convertible Preferred Stock of ViSalus for shares of ViSalus Common Stock.
On September 2, 2014, Blyth had announced that it and ViSalus’s Founders had reached an agreement in principle to effect the exchange which reduced Blyth’s ownership interest in ViSalus from 80.9% to approximately 10%, and increased ViSalus’s Founders and its other preferred stockholders ownership from 19.1% to approximately 90%. 
In addition, the transaction extinguished the obligation of ViSalus to redeem the ViSalus Redeemable Convertible Preferred Stock on December 31, 2017 for an aggregate price of $143.2 million which obligation had been guaranteed by Blyth. 
In connection with this transaction, Blyth amended the indenture governing its 6.00% Senior Notes due 2017 to provide for the mandatory redemption of the Senior Notes on the earlier of March 4, 2015 and the date, if any, that Blyth consummates a new financing.  Cowen and Company, LLC acted as exclusive financial advisor to Blyth in connection with such amendment.
In addition, as a

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Top 200 Worldwide Earners In MLM – September 2014

 
The ranking The estimated earnings are based on Internet research, earnings claims from conventions, downline, upline, crossline information, direct selling magazines and through our 70+ reporters.
Numerous top earners and companies share earnings with us. Our objective is to show people, you can make an honest living with MLM, Direct Selling working with all kind of Direct Selling Companies.
These leaders had an incredible vision, empower people, and change their life through this business. They build Million-Dollar Distributorships through Million Dollar Relationships.
The estimated (gross) earnings are per month. You can search on name/company in our full database. 
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WW RankNameCompanyEst. MonthEst. YearWebsite

1Dexter & Birdie YagerAmway$1,300,000$15,600,000www.dexandbirdieyager.com

2Angela Liew and Ryan HoNuSkin$1,100,000$13,200,000www.nuskin.com

3Barry Chi & Holly ChenAmway$650,000$7,800,000www.amway.com

4Holton BuggsOrganoGold$600,000$7,200,000www.organogold.com

5Shane MorandOrganoGold$600,000$7,200,000www.organogold.com

6Brian McClureAmbit$452,000$5,424,000www.ambitenergy.com

7Foo Howe Kean & Jenny KoAmway$450,000$5,400,000www.amway.com

8George Zalucki & Art NapolitanoACN$400,000$4,800,000www.georgezalucki.com

9Kim HuiJeunesse$400,000$4,800,000www.kimhui.brucehathuc.com

10Sunny Hsu & Debra HsiehAmway$400,000$4,800,000www.envip.com/en.asp

11Tom & Bethany AlkazinVemma$400,000$4,800,000www.vemma.com

12Abraham Benitez and Raquel CortezHerbalife$395,000$4,740,000www.herbalife.com

13Enrique and Graciela VarelaHerbalife$395,000$4,740,000www.herbalife.com

14Steve ThompsonAmbit$370,000$4,440,000www.rsthompson.com

15Carol & Ken PorterMonavie$350,000$4,200,000www.Monavie.com

16David Wood and David SharpeEmpowerNetwork$350,000$4,200,000www.empowernetwork.com

17Nancy DornanAmway$350,000$4,200,000www.n21corp.com

18Tae Ho KimHerbalife$350,000$4,200,000www.herbalife.com

19Philip EckartAmbit$324,000$3,888,000www.ambitenergy.com

20Betty SungNuSkin$315,000$3,780,000www.nuskin.com

21Carol and Alan LorrenzHerbalife$300,000$3,600,000www.herbalife.com

22Jose ArdonOrganoGold$300,000$3,600,000www.organogold.com

23Kaoru NakajimaAmway$300,000$3,600,000www.heckel.ne.jp

24Simon AbboudACN$300,000$3,600,000www.ACNinc.com

25Toufik RezigWorldGlobalNetwork$300,000$3,600,000www.worldgn.com

26John SachtourasOrganoGold$295,000$3,540,000www.organogold.com

27Herb & Patty CapedaIsagenix$280,000$3,360,000www.besetfree3.isagenix.com

28Leonard & Irina WeisbeinHerbalife$275,000$3,300,000www.herbalife.com

29Seung Ja and Young Ho Kang ParkHerbalife$265,000$3,180,000www.herbalife.com

30Patrick Maser & Mike MaserACN$260,000$3,120,000www.ACNinc.com

31Dong

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