Ambit Energy, a leading national retail energy provider, is introducing its Power Payback program to reward Texas customers who reduce energy use during periods of extreme electricity demand. The program provides users with bill credit if they reduce their consumption during designated time periods.
“We’ve already rewarded our customers for making referrals with our Free Energy program,” said Ambit Energy Co-Founder and CEO Jere Thompson, Jr. “It seemed like a logical next step to also pay them back when they help reduce the strain on the power grid during periods of extreme electricity demand.”
Under the program, customers in Texas who have Smart Meters will receive advance notification of an impending period of extreme electricity demand. They then have the opportunity to cut back on their electricity use during the specified time. If their electricity usage during this time is lower than their average from the same time period over the previous five weekdays, they receive a bill credit of $1.00 for every kilowatt-hour saved.
“Power Payback is the easiest and most generous program of its kind in the Texas market,” Thompson says. “In fact, with automatic enrollment, our customers don’t even have to sign up. These simple savings come in the form of $1.00 per kilowatt-hour bill
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Flying Tiger Aviation expands in NE Louisiana
by Successful IBO • • 0 Comments
A major agricultural flying school is expanding in Northeast Louisiana, state and school officials announced Monday.
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Insurers face tougher mental health coverage fines
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A bill approved Monday by the Legislature would increase penalties for health insurance companies that provide substandard benefits for mental health care.
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Brig Hart Goes Public As An Owner Of The Healthy Home Company
by Tina Williams • • 0 Comments
Brig Hart unveiled today that he is an owner of the Healthy Home Company. The Healthy Home Company launched in January 2014 with twelve products and after several acquisitions and joint ventures now has over 100 products made from organic, ToxicFree®, EcoCert and all-natural ingredients.
Brig and several partners are focused on pioneering a new space they call Direct Retailing, combining the best practices from one-to-one marketing with a membership buying club to offer premium quality products at retail competitive prices. This direct retailing approach has proven successful, as the company has broken two Diamond Executive ranked members in its first six months and brought over 20 couples to Belize in July, its first Gold incentive trip. Several dozen members have already achieved ranks from Bronze level through Ruby.
The Healthy Home model uses word of mouth advertising to compete directly with large organic grocery stores, vitamin shops, all-natural products companies and specialty online businesses. Healthy Home pays active members a 10% commission for referring others to join the club based on everything they purchase, and uniquely for as long as they purchase products.
Members who wish to upgrade their membership and become certified Healthy Home Professional Representatives can earn a
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Youngevity Completes $4.35 Million Convertible Notes For Expanding Coffee Operations
by Nicole Dunkley • • 0 Comments
Youngevity International, Inc. (OTCQX: YGYI), 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, announced today that it entered into a Note Purchase Agreement (the “Purchase Agreement”) with accredited investors, pursuant to which the Company issued $4.35 million aggregate principal amount of Secured Convertible Notes (the “Notes”) and Warrants to purchase up to 11,185,714 shares of its common stock (the “Warrants”).
The Notes, which mature in July 2019, are convertible into shares of the Company’s common stock at $0.35 cents per share. The Notes are secured by certain assets of the Company’s wholly owned subsidiary, CLR Roasters, LLC, personally guaranteed by the Company’s Chairman and CEO, Stephan Wallach, and bear interest at a rate of 8% per year. The Warrants are exercisable for five years after the closing date of the Purchase Agreement. For each $100,000 of principal amount of Notes, the holder received a warrant to purchase up to 257,143 shares of the Company’s common stock at $0.23 cents per share.
“This capital raise is another milestone for our company and we believe the acquisition of the additional coffee plantation coupled with additional capital
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Zija To Launch Two New Product Divisions at Upcoming 2014 Convention
by Nicole Dunkley • • 0 Comments
Thousands of Zija enthusiasts across the globe will come together this September for the company’s international convention being held in Salt Lake City, Utah. Not only will September 25-27 be an exciting time for Zija’s existing employees and Distributors, but millions will soon also be able to experience two new exciting product divisions being launched at Summit 2014: essential oils and sports and fitness nutrition products.
The life-changing and motivational weekend will also include huge prize giveaways, the unveiling of new promotions and tools, personal development speakers and breakout sessions, tours of Zija Corporate Headquarters including the company’s new state-of-the-art processing and shipping facility, training sessions with top field leaders, and an on-site store and expo.
Attendees will also receive invaluable product and business training from Zija corporate leaders including Founder, Ken Brailsford, President and CEO, Rod Larsen, Vice President of Sales, Ryan Palmer, Vice President of Research and Development, Dr. Joshua Plant, and Director of North American Sales, Jarom Dastrup.
Dan Clark, a world-renowned inspirational speaker and leadership trainer, will be Zija Summit’s featured Keynote speaker. Clark is the CEO of an international, high-performance consulting firm, a university professor, an award-winning athlete who fought his way back from a paralyzing injury
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Oklahoma completes $75M sale of railroad track
by Successful IBO • • 0 Comments
The Oklahoma Department of Transportation on Monday completed the $75 million sale of nearly 100 miles of railroad track between Sapulpa and Stillwater to Stillwater Central Railroad LLC, which plans to introduce passenger rail service connecting the Tulsa suburb to the Oklahoma City suburb.
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SpaceX to build rocket launch site in South Texas
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Texas and SpaceX have announced that the company will build the first commercial site for orbital launches on the state’s southernmost tip.
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Court: Caregivers can't sue Alzheimer's patients
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People with Alzheimer’s disease are not liable for injuries they may cause their paid in-home caregivers, California’s highest court ruled Monday in a case involving a home health aide who was hurt while trying to restrain a client.
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Ousted Market Basket CEO offers to return to work
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The fired chief executive of the beleaguered Market Basket supermarket chain is offering to return as negotiations continue over his bid to buy the company.