LegalShield, one of North America’s leading providers of affordable legal plans and the IDShield identity theft solution for individuals, families and small businesses, announced today that it has grown its membership base to exceed 1,751,000 members, adding over 52,000 new memberships in January 2018.
In January, LegalShield continued its pace of adding new memberships to the base and achieved a 14th straight month of record high active members.
In addition to the record high in memberships, the company’s Business Solutions division continued its record setting December into January. It surpassed its projected monthly budget by more than 8,800 units with outstanding execution of annual enrollments for LegalShield and IDShield.
“While 2017 results broke many records and the company reached historical highs, our dedication to excellence keeps us looking forward,”
said CEO Jeff Bell.
“Our January results are proof positive that we must continue with more determination than ever to provide equal access to the liberty, opportunity, equality and justice that every human deserves. We are truly just getting started.”
About LegalShield
A pioneer in the democratization of affordable access to legal protection, LegalShield is one of North America’s leading providers of legal safeguards and protection against identity theft solutions for individuals, families and small businesses.
The 45-year-old company
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Total Life Changes’ TEAM USA Power-Couples Celebrate 1-Year Anniversary
by Ted Nuyten • • 0 Comments
In just a few days, Total Life Changes TEAM USA members Kenny & Chante Lloyd, Gregg & Lenika Scott and Erwin & Twiler Portis will kick up their feet and look back on their many accomplishments in just one year of business with TLC. These couples are no strangers to success.
Former top earners in the Industry with a proven track record, they have made their mark in the United States once again. This team of accomplished business partners are responsible for the tremendous growth that TLC has seen since they arrived on the set.
As Kenny Lloyd would say, “Documentation beats conversation.” And they have plenty of documentation in just one year. Since this team has joined Total Life Changes in December 2013, corporate numbers have gone through the roof. Team USA is averaging over 600 new members per week with over 11,000 members signed up in less than twelve months.
“We have set record numbers in sales and new affiliates week after week and we are just so blessed to be a part of this wonderful company,” adds Lenika Scott. The team is focused on generating a tremendous amount of revenue by next year. Their motto has become,
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Ackman Prepares To Extend Bet Against Herbalife
by Tina Williams • • 0 Comments
Bill Ackman, the hedge-fund manager who has mounted a two-year campaign to prove Herbalife Ltd. (HLF) is a pyramid scheme, will extend his bet against the company should he need to.
The cost of maintaining a position in options that profit from a drop in Herbalife shares has declined “substantially” since Herbalife canceled its dividend, Ackman said in his quarterly letter to investors dated today. Most of the over-the-counter contracts Pershing currently holds will expire next year.
“We will extend their terms by paying additional premiums if it is necessary to do so,” Ackman wrote in the letter, which was obtained by Bloomberg News.
Ackman has bet $1 billion against Herbalife and mounted a campaign that was capped by a more than three-hour presentation on July 22 purporting to show that the company is an Enron-style fraud. Investors brushed off his arguments, sending the stock up 25 percent in one day.
Today’s letter also acknowledged that the lengthy presentation and the hype he generated ahead of it were missteps. Herbalife shares, which have since tumbled after the company’s earnings missed projections later in July, are down almost 20 percent in the past year.
Originally reported by Bloomberg
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New Moves Are Proving The Herbalife Business Model To Be Widely Accepted
by Tina Williams • • 0 Comments
According to Bidnessetc.com, recent moves are proving the Herbalife Business model to be widely accepted.
Herbalife Ltd. (HLF) stock is up 4% today, and has gained roughly 7% since Bidness Etc asked investors to go long last week. The rise today, followed the news of Capital Research increasing its stake in the company and a number of insiders taking long positions in the stock. These moves have improved investor sentiment, leading to a rise in the stock. In addition, the company’s long term prospects remain strong and Bidness Etc rates the stock a Buy at current valuations.
According to recent news, Capital Research has increased its stake in the company from 8.5% to 10.1%, joining the league of investors like Carl Icahn and Fidelity Investments, both of whom have stakes larger than 10%. After increasing its stake, Capital Research has become the third-largest shareholder in the company.
The continuing confidence of Carl Icahn and now this move by Capital Research reflects their belief that Herbalife is not a pyramid scheme and that investigations by Federal Trade Commission (FTC) are not expected cause any significant damage to the company’s reputation.
In addition, a number of insiders including Chief Operating Officer Richard Goudis, President Des Walsh, and Chief Financial Officer Desimone, have
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Herbalife Calls Bill Ackman “The Worst Of Wall Street”
by Tina Williams • • 0 Comments
Herbalife’s digital media strategy fighting off Bill Ackman’s short campaign appears to include comparing the fund manager to Jordan Belfort-a convicted felon who ran a 90s-era boiler room, wrote a best-selling book and had a movie starring Leonardo DiCaprio made about him.
On July 17, verified Twitter account @HerbalifeTRUTH tweeted a superimposed an image of Ackman on a “Wolf of Wall Street” movie poster calling him the “Worst of Wall Street.”
The Twitter account linked to a press release slamming Pershing Square’s short bet against Herbalife.
“Ultimately, Pershing Square’s campaign is based on propaganda, and we look forward to demonstrating that its assumptions will crumble under serious and independent scrutiny.”
It’s unclear who exactly is behind the @HerbalifeTRUTH Twitter account. It links back to Iamherbalife.com. The two authors listed on the site areHerbalife and Andy Amsler, who works for digital media campaign company Podesta Group.
Ackman is loudly short Herbalife-a multi-level marketer that sells weight loss shakes and nutritional supplements. Ackman believes the company operates as a “pyramid scheme” that targets lower income individuals.
Herbalife has denied and continues to deny Ackman’s accusations.
On Tuesday, Ackman will be giving another one of his presentations on an investigation into how the company operates its nutrition clubs.
“An in-depth analysis and examination of these clubs-which Herbalife claims
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Herbalife Members To Fight Back
by Tina Williams • • 0 Comments
Herbalife, a leading global nutrition company, announced today that dozens of independent Herbalife members and independent business owners will hold a press conference during the Herbalife Extravaganza in Chicago in order to take a stand against the continuing campaign of attacks and misinformation being waged by Bill Ackman and Pershing Square Capital Management.
Thousands of Herbalife members from across North America are gathering this weekend to celebrate the positive impact Herbalife has had on their lives and in their communities.
“Members like me are under attack by a billionaire hedge fund manager who has embarked on an unprecedented effort to take down my way of life, and we want him to know that Herbalife members won’t stand for it,” said Silvia Muir, an Herbalife member from Palatine, IL who will be taking part in the press conference.
“Bill Ackman has displayed a bald-faced hypocrisy in his sham support for Latinos,” said Pablo Caicedo a member from Lincoln Park, IL who will also be taking part in the press conference. “As a Latino, I think it’s important for the world to know the truth: that Bill Ackman is only interested in his own short-sighted financial goals and has a history of investing in