By Holly Reisem Hanna For me, knowing that I wanted to be an entrepreneur was the easy part. Figuring out what I wanted to do was the hard part. I read books and looked online, but I didn’t truly understand all of the different opportunities that were available. Without knowing what to search for, I […]
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Checks remain the main way one business pays another. Echecks are the logical way to make a workable system work better.
Considering a Yum! Brands franchise? Take a look at the company’s first-quarter earnings.
There is no doubt that corporations and their CEOs received an enormous financial gift here. But how these leaders spend the money will have profound implications.
Tesla Model 3 battery pack production decreased from 17 hours to 17 minutes after this one key change, according to the company’s Q1 earnings call.
By treating freelancers like human beings, companies can ensure they’ll never be at a loss for top talent, even on the most challenging projects.
Modere (“the Company”), the first social retailer to create a safe and forward-thinking approach to overall wellness, today announced double- and triple-digit growth rates in its key markets during the first quarter of 2018.
Modere is a Triple A classified opportunity by Business For Home, the Top Rank.
Measured year-over-year, first quarter revenue growth at Modere increased 37 percent in Australia, 43 percent in North America, and an immense 506 percent in Europe.
Building on this progress, Modere is positioned for continued growth in 2018 as the Company executes its mission of innovation in the manufacturing and distribution of science-backed, clean label nutritional, personal care, health and wellness and household care products.
“At Modere, our brand commitment goes beyond delivering the most innovative clean label products in the industry,”
said Asma Ishaq, CEO.
“It’s also our constant goal to provide the best-in-class service to our customers. Our record-breaking sales during the first quarter of 2018 validate our growth plan and prove that we are moving in the right direction. Going forward, executing on our new developments and initiatives over the next several months will sustain our expansion and further our sales efforts all over the world.”
Modere is preparing to launch several new, category-leading products and
Craig Jerabeck, one of the founders of the 5Linx, pleaded guilty Tuesday to the wire fraud conspiracy and also to the filing of a false tax return.
Jerabeck and two other of the company founders — Jason Guck and Jeb Tyler — were arrested early last year and accused of looting the company and its investors of millions through shell companies and unearned bonuses. The three were scheduled for trial in federal court in mid-September; that trial date is still set for Guck and Tyler.
On Tuesday, however, Jerabeck admitted to crimes different than those contained in the indictment against him last year. He pleaded guilty to the fraud conspiracy, maintaining that he, Guck, and Tyler — or companies they created — pocketed about $2.3 million from a Florida vendor selling 5Linx products, including identity theft protection.
“We understand that Mr. Jerabeck didn’t get all this money himself,” Assistant U.S. Attorney Richard Resnick said in court. “It would be all three defendants.”
That money, transferred by “interstate wire transmission,” should have gone to 5Linx, its investors, and stockholders, Jerabeck admitted.
5Linx, a multi-level marketing company, was once one of Rochester’s fastest growing companies. In 2014, New York Comptroller Thomas DiNapoli reported that a state pension fund investment in the company
