Tag Archive for WakeUpNow

What Happened To WakeUpNow?

 
Just over a year ago, everyone was being inboxed or called about joining WakeUpNow. Then, suddenly, they fell off the face of the earth — or rather, they regrouped and renamed themselves to Disrupt. WakeUpNow launched in 2009 and over its six years of operation failed to generate a significant amount of retail sales. The officially collapsed earlier this year when they closed down their US facilities. 
Not even three months has passed since WakeUpNow collapsed, with former President Jason Elrod now gearing up to launch “Disrupt”.
Aptly named considering how many lives WakeUpNow going under disrupted, the naming of Elrod’s new company is probably not going to be appreciated by ex-WakeUpNow affiliates.
At the time WakeUpNow announced they were no longer conducting business in the US, said affiliates were owed months of unpaid commissions.
However, now

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Wake Up Now Introduces New Products, Stock Doubles In Single Day

 
After closing out a successful conference in Salt Lake City, Wake Up Now continued to see results when their stock doubled in a single day, going from 1.50/Share to 3.00/share, a 100% increase. Their stocks have been mostly up and down over the past year and their growth seemed questionable. However, with the recent launch of their new products: WUN fit, a suite of health products that improves body function and helps regulate unwanted fat and build lean muscle as well as new Thunder products, their energy drinks. 
Although WUN is coming aboard with a health and wellness menu that many may feel is a saturdated network marketing marketing avenue, they bring a relatively untapped approach: social media and internet marketing, calling themselves a ‘social distribution network’. 
 
About Wake Up Now
WakeUpNow was founded with the vision of helping people save, manage, and make money. Kirby Cochran, Jason Elrod, and Phil Polich have been business partners for years; but in WakeUpNow, they saw an opportunity to create something unique. From the beginning, they were determined to change the industry with two profound goals: 1) offer products with outstanding value for the money, and 2) offer distributors a real chance to change their lives.
The WakeUpNow leadership team

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WakeUpNow $26 Million Revenue In First Half Year

 
WakeUpNow has published its Q2 report, and reports a revenue of $16,4 million, Q1 revenue was $9,7 million, so revenue is 70% up.
A small profit of $32,000 in Q2 while Q1 had a loss of $1,5 million.
WakeUpNow management stated:
“Though the Company’s current financial condition may cast doubt on its ability to continue as a going concern, management believes that its plan of operation, if successfully implemented, will generate sufficient earnings to both restore a stable financial condition and provide adequate returns to its shareholders”.
Postive factors:
“Management believes that its efforts to develop a robust product offering with a compelling value proposition will continue to attract distributors both in the United States and abroad”.
As risk factors WakeUpNow mention:
“State governments could attempt to tax our distributors as employees which would be devastating or fatal to our business.”
 For instance, a staff member from the Utah State Tax Commission, has threatened to attempt to classify our distributors as employees and classify us as an employer of our distributors on the theory that our distributors are eligible for bonuses based on exceeding certain sales revenue goals.
“A substantial majority of our sales are via credit card and if we are unable to maintain relationships with

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