Monthly Archives: September 2015

FDA Sends Warning Letter To DoTerra And Young Living

 
The Raw Food World reports: Essential oils are used in aromatherapy and may provide numerous health benefits.  These oils are starting to be explored by the scientific community for their effectiveness in treating cancer, HIV, asthma, bronchitis, heart disease and strokes. 
It appears that the FDA is not too happy about this healing potential.  This past week, Young Living and doTERRA both received letters from the FDA claiming that their products are being marketed as unapproved drugs.  The companies are being told that they have to remove all health claims and take corrective actions or they face serious legal consequences.  Considering past FDA threats, these consequences would most likely look like armed federal marshals ransacking their warehouses and seizing all of their products. 
FDA sends letters to Young Living and doTerra claiming their products

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Herbalife Announces They Are Official Sponsor Of YMCA Event

 
Global nutrition company Herbalife has announced a $15,000 donation as part of its ongoing commitment as Official Nutrition Sponsor of the 2015 YMCA Stair Climb for Los Angeles.
This is the third straight year Herbalife will serve as the Official Nutrition Sponsor of the YMCA Stair Climb. The $15,000 donation will help support the downtown YMCA’s programs that promote youth development, healthy living and social responsibility.
The YMCA stair climb—taking place on Friday, September 25—will showcase a range of Herbalife sports nutrition products throughout the event, including Herbalife’s popular H30 hydration product and its effervescent Liftoff® energy product, all designed to keep athletes of all levels fueled during competition. Herbalife products will be placed into 4,000 gift bags prepared by the YMCA for stair climb participants.

“Herbalife is committed to promoting a healthy, active lifestyle among

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CVSL Announces 2nd Quarter Report With 10% Increase In Revenue

 
CVSL, Inc. reports preliminary financial results for the quarter ended June 30, 2015.
We analyze the earnings along side the following peers of CVSL Inc. – PCM, Inc., QuinStreet, Inc. and Mannatech, Incorporated (PCMI-US, QNST-US and MTEX-US) that have also reported for this period.
Highlights
Summary numbers: Revenues of USD 32.74 million, Net Earnings of USD -1.69 million, and Earnings per Share (EPS) of USD -0.05.
Gross margins narrowed from 66.31% to 64.47% compared to the same quarter last year, operating (EBITDA) margins now -5.05% from -15.93%.
Year-on-year change in operating cash flow of -16.46% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
Earnings growth from operating margin improvements as well as one-time items.
CVSL-US‘s change in revenue this quarter compared to the same quarter last year of 69.08% is

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Interview With 28 Year Industry Veteran, Robert Hollis

 
Many network marketers can speak about the battles the industry has fought first hand like Amway and Equinox, but very few can speak from first-hand experience like Robert Hollis.
After 28 years in the industry, Hollis has some stories to share. But when you ask him about it, he always shares his experience with what he’s learned from the trials and tribulations and it usually comes in the form of joy and laughter. One of the first subjects he speaks on is personal development. This is a common thread among network marketing industry veterans and Hollis is one of the masters. As someone who’s authored a personal development book, developed his own training company, and has spoken and trained at countless events, it was surprising to hear that he continues to be the student himself

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Q Sciences Listed As One Of The Fastest Growing Companies

 
MountainWest Capital Network (MWCN) recently released its annual list of the 100 fastest growing companies in Utah.
Q Sciences was recognized as one of 16 Emerging Elite for 2015. Rankings for the Emerging Elite and the top 100 will be announced at an awards event on Nov. 3 at the Grand America Hotel in Salt Lake City, Utah.
“What an amazing honor to be recognized as one of the Emerging Elite for 2015 by such a prestigious organization,” said Daren Hogge, Founder, President, and CEO of Q Sciences. “Utah has one of the fastest growing economies in the United States and to be acknowledged this way shows what an incredible job our leaders, corporate staff, and IBOs are doing to make Q Sciences great.”

This isn’t the first time Q Sciences has been acknowledged

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