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EDC Sales Soar To $47 Million

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For the six-month period ended Aug. 31, 2015, revenue at Educational Development Corp., which sells children’s books under the Kane Miller and Usborne imprints, jumped to $22.2 million, up 59% compared to the same period in 2014, and net income soared by over 300%, to $969,000. Sparked by those figures, EDC’s stock price rose from $4.69 per share on June 1 to $14.48 on December 10, more than a 200% gain. And for the first nine months of the current fiscal year (March through November), Randall White, chairman, president, and CEO of EDC, estimated that revenue was about $47 million—far higher than the $32 million in sales the company generated for the fiscal year ended Feb. 28, 2015.
Before business took off earlier this year, a good day’s worth of orders was $1,500,

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EDC bucks Amazon, Retools Home Book Sales

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Pitching in on a night shift at the warehouse or offering advice on packing boxes isn’t usually in the job description for a company president and CEO.
Neither is dancing on a desk when the stock price hits a milestone. Or posting funny videos to a Facebook fan page started by two sales consultants.
But for Randall White, it’s all part of the fun at Educational Development Corp., the children’s book publisher and distributor he joined in 1983. The company took the No. 2 spot in this year’s Oklahoma Inc. rankings, up from No. 22 in 2014. 
EDC sells to bookstores, online and through multi-level marketing. It’s the sole U.S. distributor of the popular, award-winning Usborne line of children’s books from the United Kingdom. The company also owns Kane Miller Publishers, an international children’s book

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How To Get Back In Business After A FTC Ambush

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A lot is written about the FTC ambush on Vemma. To get back in business after such an attack is a very big challenge.
Vemma’s payment processor bailed out (no balls) and to get back in business in an internet driven industry is not easy. Many payment solution processors see network marketing as a high risk industry. Vemma’s solution is very creative, acccepting orders and payments through an Amazon account.
Personal development coach Bob Proctor has released a video with his support for the Network Marketing industry and Vemma.
Bk Boreyko stated:
“To those of you calling into Home Office and experiencing high volume wait times , I sincerely apologize. We are doing our very best to get these products into your hands given the limitations of our system’s current abilities. If you’re upset, I

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