Master distributor Brandon Boyd and Top Earner Eric Turner resign.
As reported earlier about Wake Up Now (WUN) by Business For Home on May 2014, about WUN financial concens, in October 2014, CEO Kirby Cochran stepped down, 29 Januari Wake Up Now was looking for a new investor and not paying out commissions, blaying the payment processor, it seems the company is going out of business.
The company denied earlier they were having commission payment problems however if you read WUN top earner Eric Turner statement, Business For Home was on spot.
Ten thousands of distributors are left in the dust.
Master Distributor Brandon Boyd stated on January 30:
We have never had a better back office, better compensation, better shipping, better packages, and more focused management than we have right now. We are primed between Feb. and March to be stronger than ever before in a big way. I am extremely encouraged about our future and what is about to be released next week.
However on 9 February Brandon Boyd left the company:
“As of today, after (5) years, I have made the decision to leave WUN. Its time to take my talents elsewhere.”
Top Earner Eric Turner AKA ” Seemore Green” stated on his facebook
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Wake Up Now Looking For A New Investor ?
by Ted Nuyten • • 0 Comments
Wake Up Now leaders would be not pleased with this article, however many former insiders and field leaders are informing Business For Home, and after validating their information, the company seems to be not stable at all.
According to a Wake Up Now Corporate statement:
“We are still recovering from damage done by gamers and scammers. Prepaid cards and chargebacks along with the need to support international growth led us to international merchant processing which is higher fees, delayed processing, and a multi-million dollar rolling reserve”.
It seems Wake Up Now’s deficit is around $15 million and according to macroaxis.com the company has a 96% chance of Bankruptcy within 2 year which states the following:
“Based on latest financial disclosure Wake Up Now Inc has Probability Of Bankruptcy of 96%.
This is much higher than that of the sector, and significantly higher than that of Probability Of Bankruptcy industry, The Probability Of Bankruptcy for all stocks is over 1000% lower than the firm”.
As of today, Wake Up Now stock has been around $1.02, more than ten times less than when it was at $10.70 less than a year ago.
The Wake Up Now market capitalization went down in a year from approx. $200 million to
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Kirby Cochran – CEO Wake Up Now Steps Down
by Ted Nuyten • • 0 Comments
Wake Up Now (WORC:US) CEO Kirby Cochran has stepped down and COO Phil Polich is named as the new CEO. In below video, master distributor Brandon Boyd is doing the announcement.
Earlier reports shows Wake Up Now founded in 2009 has bu,rned $7.8 million in 2 year, is not profitable and lacks retail sales.
If this is the reason Kirby Cochran steps down is unknown.
According to the Wake Up Now website:
Kirby Cochran, Chief Executive Officer:
had been a career venture capitalist with a long track record of helping lead companies to achieve explosive growth. A professor in the Finance department at the University of Utah, he shared a passion for the mission of helping people improve their financial lives and for building a technology platform capable of delivering outstanding value to consumers.
Kirby drives WakeUpNow’s vision for helping people live life better. His inspirational vision created an opportunity structure unique in the industry and poised to change the world.
Phil Polich New CEO Wake Up Now
//www.youtube.com/watch?v=yU2sRrngTnk
Phil Polich, Chief Operating Officer:
started his career as a CPA with Ernst & Young, then transitioned to real estate eventually owning and directing one of the largest homebuilders in the Phoenix area, coincidentally one of the hottest