Monthly Archives: March 2017

Hot Business News Today

Reliv 2016 Q4 Sales Down 12% To $10.6 Million

by Nicole Dunkley • March 30, 2017 • 0 Comments

Reliv International, Inc. (NASDAQ: RELV), a maker of nutritional supplements that promote optimal health, today reported its financial results for the fourth quarter and full year of 2016.
Fourth-Quarter Results
Reliv reported net sales of $10.6 million for the fourth quarter of 2016, compared with net sales of $12.3 million for the fourth quarter of 2015. U.S. net sales decreased by 12.1 percent for the quarter compared with the same quarter in 2015.
Net sales outside of the United States declined 18.4 percent in the fourth quarter of 2016 compared to the prior-year quarter, with 10.7 percent of that decline due to the impact of foreign currency fluctuation as the result of a stronger U.S. dollar.
Reliv reported net income of $272,000, or earnings of $0.15 per diluted share, for the fourth quarter of

Hot Business News Today

Lyoness Plans To Appeal Against Swiss Pyramid Decision

by Ted Nuyten • March 30, 2017 • 0 Comments

According to an article in TT.com an magazine in Austria, Lyoness has stated it plans to appeal the decision from the Swiss Court that the company compensation plan is a Pyramid – Snowballl system.
The google translation, partly edited:
Against Lyoness, main sponsor of the Austrian football club Rapid Wien, is an other civil law judgment. This time, the Swiss Obergericht Zug has described Lyoness as a snowball system. Members would only receive money when they recruited other members. Moreover, the business model is intransparent. The judgment is not final.
Lyoness had resisted a corresponding judgment of the lower court and has now cut off with the complaint. A judgment of the Supreme Court of the Canton of Zug (APA), dated February 28, is entitled to appeal “if a legal question is of fundamental importance”.
Lyoness

Hot Business News Today

Top Leader Trish Schwenkler Making History At ASEA

by Ted Nuyten • March 30, 2017 • 0 Comments

Trish Schwenkler and her husband Robert are reaching new heights in ASEA and maintaining their position of Number 1 – Top Earner in ASEA.
ASEA is a recognized category creator. ASEA is the first and only company to market the new patented “redox signaling technology” in both consumable and topical products to customers worldwide.
The Schwenklers joined ASEA in 2009, were recognized as the Top Earners since 2013, and within the past twelve months have reached new, higher ranks and achievements.
In April of 2016 ASEA created six new ranks. When the new ranks were announced in April the Schwenklers were the first to achieve Ambassador Triple Diamond. Just five months later at the Envision conference the Schwenklers were again recognized as #1 earners, they were pinned and made ASEA history as ASEA’s first Presidential