Monthly Archives: August 2015

ForeverGreen Further Develops Business In Africa

 
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, today announced it has made significant progress to further develop business in the African region.
In the Ivory Coast, the company has received a Regulatory Import License for all ForeverGreen Products, including Farmers Market products. NAFDAC product registration for PowerStrips has been approved in Nigeria. PowerStrips have also been approved in Gabon and Tanzania. In Ghana, FDA product registration was approved for PowerStrips.
Later this month, the company will be launching local distribution in Ghana, and in September, Joe Jensen, President of MEA, India and AU/NZ, will be hosting local meetings to inaugurate the opening of local pick-up centers in Ghana and Nigeria.
“Unlike in Europe, where members have local distribution with centralized shipping, members in Africa are looking forward to having

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Youngevity Records $38.7 Million in Q2

 
Youngevity International, Inc., 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 second quarter and six months ended June 30, 2015.
Second Quarter 2015 Highlights:

Revenues increased 18.4% over the prior year period to $38.7 million;
Gross Profit increased 25.7% to $23.8 million compared to the prior year period;
Operating Income increased 84.3% to $2.3 million compared to the prior year period;
A non-cash expense of $2.2 million was recorded in other expense due to change in fair value of warrant derivative liability;
Adjusted EBITDA increased 63.3% to $3.3 million compared to the prior year period and 151% over the prior quarter.

“We are excited to report record revenue and record adjusted EBITDA for the second quarter

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Total Life Changes Exceeds 3,000 Guests in Atlanta, Georgia

 
TLC’s largest National corporate event took place inside the Georgia International Convention Center (GICC) on July 17th – 18th, 2015. Representatives from all U.S. regions and leaders from abroad made their way through the busy streets outside of Atlanta’s Marriott Gateway Hotel and Skyline Shuttle through the doors of the GICC and filled more than three-thousand seats early Friday evening for a special private event.
The TLC Private Business Opportunity overview and elite VIP Ambassador training was provided by TLC’s Vice President Kenny E. Lloyd, TLC Executive Ambassadors, Gregg & Lenika Scott, Erwin & Twiler Portis and newly recognized TLC Ambassadors William & Denise Lee.
The first ever TLC VIP Ambassador Training had guests out of their seats with excitement and ready to capitalize on this life-changing opportunity to feel better, look better,

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Nerium Recognized As #1 Consumer Products & Services Company On Inc. 500 List

 
Recently, Inc. magazine announced its 34th annual Inc. 500 List of America’s fastest-growing private companies, recognizing Nerium International as the #1 consumer products and services company. In addition, Nerium ranked #12 on the list overall.
These rankings represent one of the most prestigious and sought-after honors and reflect Nerium’s success as a leading relationship marketing company specializing in scientifically advanced, age-defying products.
Founded in August 2011, Nerium International has experienced a historic amount of growth since its launch. In its first year alone, the company exceeded $100 million in sales with just one product in its portfolio. It has since grown exponentially in revenue and now boasts a portfolio of science-based, anti-aging products for the face, body and mind. The company has also expanded beyond the U.S. to Canada, Mexico and South Korea.

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CVSL Reports Q2 Increased Revenue – Up 45% To $35.7 Million

 
CVSL, the parent company of Longaberger, reported a 45 percent increase in revenue for the second quarter of the year.
The direct-selling company reported revenue of $35.7 million, up from $24.6 million in the second quarter last year.
The operating loss was $2.5 million, compared with a loss of $4.1 million in last year’s second quarter.
“We are very pleased with our second quarter results,” said John Rochon Jr., vice chairman of CVSL. “The quarter clearly demonstrated the effectiveness of our strategy of buying companies at favorable prices and then applying our expertise to strengthen them and increase cash flow.
“We believe these results show that our strategy is working. While we continue to focus on improving the profitability of the companies we own, we intend to be opportunistic about potential acquisitions.”
About The Longaberger Company
The

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