Monthly Archives: April 2023

Top Network Marketer Calvin Becerra Announces Move To JIFU

According to a JIFU press release:
JIFU’s dedication to providing value-based products and services to its affiliates has led to fast growth, unmatched savings, and unprecedented entrepreneurial earnings.
JIFU, a provider of exclusive travel savings, education, health and beauty products, and leadership development, has experienced massive growth in the first quarter of 2023. Over the past few months, JIFU has attracted legendary leaders from all over the world primarily because of the company’s unique approach to solving the most unique challenges in the network marketing industry,
Calvin Becerra has officially announced he has joined JIFU. Mr. Becerra has been a top earner in the network marketing industry for many years and has helped two companies hit the billion-dollar mark. At the age of 25, after a successful career in real estate, he started his networking journey and has never looked back.
“I have loved each company I’ve been a part of, but recently I knew it was time to make a change. I see the industry shifting to more of a hybrid model with not just a single focus on tangible products, but one that also focuses on services and digital products.”
In Mr. Becerra’s first month he has already personally sponsored more than 100

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Tupperware Close To Bankruptcy

According to a Tupperware press release:
“Tupperware Brands Takes Action to Improve Capital Structure and Liquidity Position.”
Engages Financial Advisors to Support Financing and Liquidity Initiatives Announces Substantial Doubt About Ability to Continue as Going Concern. Receives Notice of NYSE Non-Compliance; Anticipates Filing Form 10-K Within 30 Days to Regain Compliance.

 “Tupperware Brands Corporation (NYSE: TUP) (the “Company”), a leading global consumer products company, today announced it has engaged financial advisors to help improve its capital structure and remediate its doubts regarding its ability to continue as a going concern.”
The Company’s Board of Directors is actively engaged with management to improve the Company’s capital structure and near-term liquidity. The Company has engaged financial advisors to assist in securing supplemental financing, and is engaging in discussions with potential investors or financing partners. In addition, the Company is reviewing its real estate portfolio for property available for potential dispositions or sale-leaseback transactions, and is exploring right-sizing efforts, monetization of fixed assets, cash management, and marketing and channel optimization, to preserve or deliver additional liquidity.
“Tupperware has embarked on a journey to turn around our operations and today marks a critical step in addressing our capital and liquidity position,” said Miguel Fernandez, President and Chief Executive Officer

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