Tag Archive for 2015

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Vemma Announces Convention Despite FTC Case

by Ted Nuyten • May 9, 2016 • 0 Comments

BK Boreyko, CEO Vemma has announced a Vemma Convention, on June 10 – 11 in Tempe, Arizona, USA, featuring Eric Worre and Bob Proctor despire the running FTC case against the company.
I have a lot of respect for BK Boreyko, Vemma’s CEO. It is a General who lost 95% of his resources, revenue and troops, is under heavy fire, refuses to surrender and makes progress.
“Never quit” is often a slogan in Network Marketing, BK Boreyko deserves the “Never quit” award!
BK Boreyko:

This Rise Up convention will be my smallest convention, yet most significant.

“Make plans now to join us here at your home office for the 2016 annual convention. Your weekend starts on Friday June 10th at 6 pm with an informal welcome home reception.
Then at 9 amSaturday morning, Eric Worre will bring his unique thoughts and

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Reliv Reports Q4 And Full Year 2015 Financial Results

by Nicole Dunkley • April 23, 2016 • 0 Comments

Reliv International, Inc., a maker of nutritional supplements that promote optimal health, today reported its financial results for the fourth quarter and full year of 2015.
Reliv reported net sales of $12.3 million for the fourth quarter of 2015, compared with net sales of $14.1 million for the fourth quarter of 2014. U.S. net sales decreased by 12.1 percent for the quarter compared with the same quarter in 2014.
Net sales outside of the United States declined 14.9 percent in the fourth quarter of 2015 compared to the prior-year quarter, with 7.3 percent of that decline due to the impact of foreign currency fluctuation as the result of a stronger U.S. dollar.
Reliv reported net sales of $51.8 million for 2015 compared with net sales of $57.3 million in 2014. U.S. net sales decreased

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Youngevity 2015 Revenue Up 16.8% To $156 Million

by Ted Nuyten • March 31, 2016 • 0 Comments

Youngevity International, Inc. (OTCQX: YGYI) (www.YGYI.com), 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 full year ended December 31, 2015.
2015 Full Year Highlights:
Net Revenues increased 16.8% over the prior year to $156.6 million.
Gross Profit increased 21.8% to $92.9 million compared to the prior year.
Operating Income increased 60.5% to $5.4 million compared to the prior year.
Net loss was $1.7 million compared to net profit of $5.4 million in the prior year, primarily due to changes in the valuation of net deferred taxes in 2014 and the impact of approximately $7.5 million of Non-Cash Expenses in 2015.
Adjusted EBITDA increased 39.9% to $9.2 million compared to the prior year.

“2015 was a year

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Amway Reports 2015 Sales Of $9.5 Billion – Down 12%

by Ted Nuyten • February 4, 2016 • 0 Comments

Amway today announced sales of $9.5 billion USD for the year ending Dec. 31, 2015, a decline of 12 percent when compared to 2014 figures.
The direct seller saw constant dollar sales growth in 70 percent of its top 20 markets but, like many international companies, experienced soft sales in China and unfavorable currency exchange rates that negated gains.
“We experienced growth in seven of our top 10 markets and emerging markets in Latin America and elsewhere continue to perform well,” said Steve Van Andel, Amway chairman.
“Several markets achieved record sales levels in 2015 with others producing their best performance in some time. An increasingly competitive environment in China and unfavorable currency exchange rates mask a positive year overall for Amway globally.”
The company experienced notable growth in legacy markets like the United States,

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Young Living Exceeds $1 Billion In Annual Sales

by Ted Nuyten • February 3, 2016 • 0 Comments

Young Living Essential Oils, LC, is now one step closer to realizing its vision of bringing essential oils to every home, announcing today that 2015 sales surpassed $1 billion.
This significant milestone reflects the passion of its millions of members, unmatched product innovation, and the leadership of CEO Mary Young and founder and essential oil pioneer D. Gary Young.
“We celebrate this milestone with sincere gratitude to our dedicated members, who work tirelessly to bring the purpose-driven benefits of Young Living to people around the world,” says Travis Ogden, Chief Operating Officer.

“We truly believe Young Living offers unmatched opportunities to make a real difference in the lives of millions.”

The explosive growth in recent years reflects the increasing acceptance of essential oils, pioneered by Young Living, under the leadership of D. Gary Young,

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Usana Named One Of Top Places To Work In The Direct Selling Industry

by Nicole Dunkley • January 27, 2016 • 0 Comments

Recognized for establishing a nurturing work environment, USANA Health Sciences was named one of seven of the nation’s best places to work for within the direct selling industry by Direct Selling News.
The inaugural contest was run through Quantum Workplace and was open to all direct selling companies headquartered in North America, with 50 or more corporate employees.
“USANA strives to create a work environment that encourages a work and home life balance, while maintaining a positive and productive atmosphere its employees enjoy being a part of,” said USANA Chief Communication Officer Dan Macuga.
“To be recognized as one of the best direct selling companies to work for in North America is a huge honor when you take into consideration how deep the competition is. As USANA heads toward becoming a billion-dollar company,

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Omnito (DubLi) 2015 Revenue Up $16.8 Million To $21.3 Million

by Ted Nuyten • January 15, 2016 • 0 Comments

Ominto, Inc. (OTC PINK: OMNT), a global leader in online Cash Back shopping, today reported fiscal 2015 financial results for the twelve months ended September 30, 2015.
For the fiscal year 2015, ended September 30, 2015, revenues were $21.3 million, compared to $4.5 million for the previous fiscal year, reflecting an increase of $16.8 million.
The increase was primarily a result of increased sales of VIP memberships and increased commission income generated from purchases on the company’s Cash Back shopping portal.
Loss from continuing operations for the fiscal year ended September 30, 2015 was $12.2 million, as compared to a loss of $6.9 million in the fiscal year 2014. The higher loss resulted primarily from an increase of $7.1 million in non-cash equity compensation and higher expenses for building a new platform and for

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Ominto, Inc. Reports 3rd Quarter Fiscal 2015 With A 337% Increase In Revenue

by Tina Williams • August 16, 2015 • 0 Comments

Ominto, Inc. (OTC PINK: OMNT), the global leader in online Cash Back shopping, today reported fiscal 2015 financial results for the three months and nine months ended June 30, 2015.
For the three months ended June 30, 2015, revenues increased approximately 337% to $4.8 million over the $1.1 million reported in the same three month period of 2014. The loss from continuing operations in the three months ended June 30, 2015 and 2014 were approximately $1.3 million and $1.5 million, respectively. At June 30, 2015, the Company had deferred fee revenues of approximately $12.6 million, substantially all of which will be recognized as revenues during fiscal years 2015 and 2016.
For the nine months ended June 30, 2015, revenues were $13.4 million compared to $3.5 million as reported in the same period of fiscal 2014, an

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Nu Skin Q2 Revenue Down 13.8% To $560 Million

by Ted Nuyten • August 7, 2015 • 0 Comments

Nu Skin Enterprises, Inc. (NYSE: NUS) today announced second-quarter results with revenue of $560.2 million compared to $650.0 million in the prior-year period.
Revenue in the quarter was negatively impacted 7 percent by foreign currency fluctuations. Revenue in the second quarter of 2014 included $76 million in limited-time offer product sales, while there were no significant limited-time offers during the second quarter of 2015. Earnings per share for the quarter were $0.75, compared to $0.32 in the prior-year period which included a $50 million inventory write-down and a $25 million foreign currency charge related to Venezuela.
“We are pleased the business performed at the high end of our expectations for the second quarter,” said Truman Hunt, president and chief executive officer.
“Additionally, we are encouraged by growth in the number of sales leaders

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Isagenix Wins 19 Awards From Three Different Organizations

by Tina Williams • May 28, 2015 • 0 Comments

The health and wellness company, Isagenix International, has won several communication awards from the Direct Selling Association (DSA), The Communicator Awards, and the American Business Awards (Stevies) in conjunction with the Asia-Pacific Stevies.

“At Isagenix, it is our pleasure to provide our independent Associates with the best possible tools for their businesses. As always, if it’s not right for the Associates, it’s not right for the company,” says Isagenix Vice President of Corporate Communications and Marketing Services Kevin Andrus.
“When we develop our tools and resources specifically for Isagenix Associates, we strive to make sure they’re the bestfrom the content to the presentation. These awards tell us that we are on the right track!”

Isagenix won two DSA Ethos Awards. The Direct Selling Association (DSA) is the national trade association of the leading firms that

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