Amway India’s CEO Bill Pinckney was arrested on May 26 at Amway’s headquarters in Gurgaon. At the time of this writing, he remains in police custody. This continued detention and harassment must end. Amway is a reputable company with 55 years of operating legally and ethically in more than 100 countries and territories worldwide.
And while the newly elected Union government in New Delhi played no role in this police action, we ask their help with the immediate release of Bill so he can be quickly and safely return to his family. To continue with this investigative retention when we have fully cooperated with all investigations and requests from authorities in India – including Andhra Pradesh – is unnecessary and unreasonable.
Whenever our business model has been questioned, we have shown up to provide answers. We have made every effort to be entirely transparent and forthcoming with authorities. If there is a problem, we want to fix it so we can continue to do business in India.
The underlying issue at hand is the lack of clear direct selling regulations that distinguish legitimate businesses like Amway from dishonest ones.
Additionally, provisions of the Prize Chits and Money Circulation Schemes (Banning) Act seem to be
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Primerica’s Promising Quarter Positively Effects Stocks
by Tina Williams • • 0 Comments
Primerica (NYSE:PRI)‘s stock had its “outperform” rating reiterated by analysts at Raymond James in a research report issued to clients and investors on Thursday. They currently have a $55.00 price target on the stock, up from their previous price target of $50.00. Raymond James’ target price points to a potential upside of 16.18% from the company’s current price.
Shares of Primerica (NYSE:PRI) traded up 0.59% on Thursday, hitting $47.62. The stock had a trading volume of 83,071 shares. Primerica has a 1-year low of $36.42 and a 1-year high of $49.59. The stock’s 50-day moving average is $45.46 and its 200-day moving average is $44.68. The company has a market cap of $2.591 billion and a price-to-earnings ratio of 15.84.
Primerica (NYSE:PRI) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.77 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.82 by $0.05. The company had revenue of $324.30 million for the quarter, compared to the consensus estimate of $332.02 million. During the same quarter in the prior year, the company posted $0.65 earnings per share . The company’s quarterly revenue was up 8.6% on a year-over-year basis. Analysts expect that Primerica will post $3.33 EPS for
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Jeunesse Winner of 6 Stevie Awards
by Ted Nuyten • • 0 Comments
Jeunesse Bestowed Prestigious Stevie Awards Winner of 6 American Business Awards.
Jeunesse, a leading direct selling company devoted to health and wellness, has just been announced as the winner of 6 American Business Awards. These prestigious awards are sought after by Fortune 500 Companies across the nation; Jeunesse is joined by Google, Sony, Cisco Systems, Beats Electronics, Vimeo, and NASCAR, among others.
More than 3,300 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Management Team of the Year, Best New Product or Service of the Year, Corporate Social Responsibility Program of the Year, and Executive of the Year.
Jeunesse was bestowed awards in multiple divisions: Company of the Year, Marketing Department of the Year, Marketing Executive of the Year, Corporate Social Responsibility Program of the Year, Best Sales Video, and Best Corporate Overview Video.
More than 150 leaders of several specialized committees determined Stevie Award placements from among the Finalists during the last round of judging in April and May. Jeunesse outmatched billion dollar organizations like Sony, Google, and AT&T for these awards, marking its position as a global leader in business.
Chief Visionary Officer, Scott Lewis
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Herbalife Responds To LULAC In Lengthy Letter
by Tina Williams • • 0 Comments
Herbalife Ltd. (NYSE:HLF) in it’s letter, responds to the concerns raised by LULAC leader Brent Wilkes .
June 18, 2014
Brent A. Wilkes
National Executive Director LULAC
1133 19th Street, NW, Ste. 1000 Washington, DC 20036
Dear Mr. Wilkes,
I write to address your May 31, 2014 letter to LULAC’s membership regarding Herbalife.
We at Herbalife Ltd. (NYSE:HLF) are proud of our presence in the Latino community and the role we play in helping people achieve healthier lifestyles through education and the use of our healthy and nutritious products. We also are proud of the business opportunity Herbalife provides to those who choose to earn part-time or full-time income. Indeed, our strong support in the Latino community is directly related to the widespread popularity of our products and the business opportunity we make available to those who choose to pursue it.
Herbalife Ltd. (NYSE:HLF) executives and representatives have met with you on three separate occasions. We have explained to you our industry-leading policies and procedures designed to protect Herbalife Members and consumers, and have responded to the issues you have raised during those meetings and elsewhere. Yet, in your letter you continue to state as “evidence” what are in fact misconceptions and unfounded, inaccurate allegations.
Because Herbalife strongly supports
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Industry Leaders Finding Success At Vísi
by Ted Nuyten • • 0 Comments
Vísi, a progressive global network marketing company, has been making waves by breaking its own sales records month after month and by attracting the veritable who’s who of industry leaders.
“We have worked hard to build a foundation for Vísi that empowers our Partners and enables them to succeed,” Founder & CEO Kent Lewis said.
“We have assembled an executive team with over 100 years of experience in the industry, we have innovative products that can’t be found anywhere else in the marketplace and we have teamed with the best vendors in the industry to create the best user experience possible.”
The list of industry leaders who have joined Visi is growing daily. Leaders such as, Mark & Alinda Hale are finding amazing success with Visi. Mark & Alinda have achieved the prestigious rank of Arctic Ruby, earning a rank advancement bonus of $5,000. This is in addition to the $7,500 average weekly income associated with their rank.
“We were drawn to Vísi because of the timing,” Alinda said. “We saw that the company was still relatively young, yet it was growing rapidly and had entered a huge momentum phase.”
Michael O’Brien & Tim Lunsford joined Vísi prior to the company’s annual convention
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Amway Wants To Shut Down Amway Wiki
by Ted Nuyten • • 0 Comments
For many years an Amway rep runs the www.thetruthaboutamway.com website and Amway Wiki. Seems the Amway Business Conduct & Rules department wants the website to shut down.
The Truth About Amway website:
“Years ago there was a website called Quixtar Wiki. It was run by Amway and Quixtar critics and they filled it essentially with criticism and anything negative they could find about the Amway and Quixtar businesses, and some stuff that was just plain made up.
Any time you searched for a Diamond’s name, it would rank near the top of Google’s listings. So, if you invited some prospect to come to a seminar to listen to a successful Amway achiever, they’d google the person’s name and end up on a virulently anti-Amway website”
Good stuff, eh?
So nine years ago I started Amway Wiki, which would give a true picture of the business. I wouldn’t hide the negative – court cases, divorces, terminations, whatever – that kind of information is there too. But so is all the positive stories of the thousands of Diamonds around the world. Today, if you invite one of your prospects to a meeting to hear from an Amway Diamond, and they google the name, odds are AmwayWiki will be
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Holton Buggs And Shane Morand – Organo Gold Commissions Analyzed
by Ted Nuyten • • 0 Comments
There is a lot of discussion going on about Organo Gold’s compensation plan.
Both Holton Buggs as Shane Morand – Global Master Distributor have done a tremendous job by building up in a short time frame a $215 million USA business according to well informed Direct Selling News.
According to a well informed high ranked OG distributor the $215 million is most likely only USA revenue.
An estimated $100 million extra revenue is from the rest of the world.
Both Holton Buggs as Shane Morand cash in over $1+ million a month, they are listed for est. $400,000 per month as the Business For Home ranks are based on the regular compensation plan and not on off compensation plan deals.
Nothing wrong with extra rewards for top producers however if those rewards are not for the average Joe we do not count those rewards for the ranks.
A legit compensation plan pays out on average 35 – 38% over the company sales. Organo Gold distributors claim it is higher in their pay plan however a non internet based product company like Organo Gold can not pay out more then 45%. Otherwise either your products are extremely over priced or you go in debt.
Lets assume Organo Gold
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Dr. Vincent Giampapa – Nominated For Nobel Prize In Medicine
by Ted Nuyten • • 0 Comments
Medical advisor at Jeunesse is honored for his Stem Cell research.
Dr. Vincent Giampapa, medical advisor at Jeunesse, was recently nominated for a 2014 Nobel Prize in the area of Stem Cell Research. The Nobel Prize Nomination was given for the potential impact Dr. Giampapa’s technology may have on the global aging epidemic as well as the financial impact of future health care in all countries with aging demographics, especially in the United States.
“My work in Stem Cell Research has its origin in the new science of Epigenetics—that is, the ability to help cells work more optimally so that people age efficiently.
This is the same concept behind what was designed into the Jeunesse AM & PM Essentials formula. The use of a specific combination of naturally-occurring plant compounds creates a synergistic effect inside the 50 trillion cells that make up the body.
The result is something you can feel and see in just a very short time: like visibly younger looking skin as well as more energy to face daily challenges. Epigenetic research has facilitated amazing new products like AM & PM Essentials, and this recent Nobel Prize Nomination, for which I’m grateful.”
Dr. Giampapa headed the development for AM & PM Essentials™, the first
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Zrii Launches The World’s First High Performance Coffee
by Ted Nuyten • • 0 Comments
Zrii LLC today announced the biggest product launch in the company’s history: Zrii RiseTM, the world’s first high performance coffee.
“Millions of people start each day with a cup of coffee,” says Zrii Founder and CEO Bill Farley. “So we developed Zrii Rise™ to give them the best tasting coffee in the world infused with superior healthbenefits and extra energy.”
Formulated to ignite mental clarity and unleash optimal health, the drink combines the rich, sophisticated taste of Rainforest Alliance Certified™100% Colombian arabica coffee with premium green coffee bean extract and the rare superfruit amalaki. The health benefits of Zrii Rise™ are wide-ranging, including a powerful antioxidant boost, enhanced immunity, uplifted mood, improved digestion, and amped-up metabolism and fat burning power.*
“The excitement is unbelievable! Orders for Zrii Rise™are already exceeding those for any other product in our company’s history,” says Zrii President A. K. Khalil.
“The demand for this product is global and growing. Zrii Rise™is a giant leap forward in our commitment to help people eat clean and build a billion dollar brand.”
Adds Mr. Farley, “It is Zrii’s mission to create only the best nutritional products in the world. That’s why Zrii RiseTM is the only coffee out there endorsed by
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ViSalus Expands Into Ireland
by Ted Nuyten • • 0 Comments
ViSalus, Inc. announced the expansion of its Vi™ brand of health and wellness products and programs into the Republic of Ireland, a country predicted to be the most overweight nation in Europe by 2030.*
As part of the company’s rapid expansion into international markets, Vi has introduced the PROJECT 10 Challenge to the people of Ireland in order to help them embrace healthier lifestyles.
Prior to launching in Ireland, the PROJECT 10 Challenge has already swept through the United Kingdom, with over 50,000 customers to date, and was introduced in Germany and Austria earlier in the year. The PROJECT 10 Challenge challenges people to lose 10 lbs., or to build 10 lbs. of muscle, and challenge others to do the same.
More than 3,000,000 customers in North America have used Vi products to lose weight and achieve their health and fitness goals. The company’s global mission for healthy living is dedicated to Challenging the World… 10 lbs. at a Time.
According to ViSalus Co-Founder and CEO Ryan Blair,
“This expansion is laying the foundation to positively impact the people of Ireland. With a population of just over 4.5 million people, 90% of men and 84% of women are forecast to be overweight