Tag Archive for business for home

The latest alternative currency hype launch, LEOCoin, has received quite a bit of attention, following a series of outlandish claims. The developer team behind LEOCoin, in a recent CNBC article, claimed that several thousand merchants were willing to accept the digital currency.

“The company therefore claims it has 131,176 registered businesses ready to use LEOCoin, potentially making it the “second largest digital currency” in the world.”

Several media outlets have requested the founders of LEOCoin to provide some evidence to back up the claims made in that particular CNBC article. However, no commentary has been so far by LEOCoin representatives. As of today, nobody seems to have any idea as to who the 131,175 merchants really are. LEOCoin’s developers, Dan Anderson and Atif Kamran, have a somewhat checkered past.
In 2012, Anderson and Kamran were warned by

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NHTC Q1 Revenues Increase to $40.9 Million

by Ramya Chandrasekaran • April 17, 2015 • 0 Comments

Natural Health Trends Corp. (Nasdaq: NHTC) estimates revenue for the quarter ended March 31, 2015 to be $40.9 million. The Company also estimates that its deferred revenue at March 31, 2015 was $10.2 million, compared to $2.7 million at December 31, 2014. In the first quarter of 2014, revenue was $23.2 million, with deferred revenue of $7.9 million at March 31, 2014 and $2.6 million at December 31, 2013.
Increase in quarter end deferred revenue compared to a year ago was attributable to the rapid increase in total orders, the Chinese New Year falling on a later date this year compared to last year and the labor strife on the U.S. West Coast.
The revenue estimate is preliminary and has not been reviewed by the Company’s independent accountants. Significant updates and revisions may be

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India’s Chamber of Commerce Seeks MLM Legislation

by Ramya Chandrasekaran • April 17, 2015 • 0 Comments

Sensing the need to regularise direct selling, the Federation of Indian Chamber of Commerce and Industry (FICCI) has urged the government to provide clarity. Shilpa Gupta, Head – Retail, FMCG, Luxury Gems & Jewellery, Direct Selling, FICCI, shares her views about the potential of this multi-level marketing model and the steps to regularise it.
How do you assess Direct Selling in India?
Direct selling is not new to India. Around the year 1995, many companies started with it; Amway was one of them. But the misfortune is that we only understand direct selling on the basis of one or two companies. In fact, there are so many companies in India today that are following this business model. In India, Direct Selling is a very old model of sales. For example, a cycle rickshaw peddler

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USD 1.1 billion Indian Direct Selling Industry Affected by Lack of Laws

by Ramya Chandrasekaran • April 16, 2015 • 0 Comments

Often mistaken for Ponzi schemes, the Rs,7200 crore (approximately USD 1.1 billion) direct selling industry has taken a blow in the absence of clear laws.
Gurgaon resident Harpreet Kaur, 49, completed her MPhil in psychology from Delhi University in 1988. But marriage came in the way before she could begin her professional career. She spent years as a homemaker before her brother-in-law introduced her to Amway’s direct selling business in 1998. Today, she and her husband boast of hundreds of distributors in their network, selling products worth over Rs.1 lakh a month. “There was a time when all I did was wait for my husband, who ran an electronics unit in Delhi, to return home. Today, both of us are entrepreneurs, and have flexible work hours,” says Kaur.
There are six million ‘direct sellers’

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Sozo Global Aquires New Technology

by Ted Nuyten • April 16, 2015 • 0 Comments

SOZO Global, Inc., an entrepreneurial direct selling company headquartered in Austin, Texas, USA acquires the exclusive global rights to distribute the Meridium® product from Bioactives Inc. within the direct selling industry.
SOZO is a healthy products company that is a curator of best-in-class nutritional technologies. Since its inception it has cultivated ingredients to formulate products grounded in science with powerful health-protective properties to help you live a fuller, more youthful life. The next addition to the global product line of SOZO is a 100% natural ingredient that has been clinically shown to have multiple health benefits – Lucedin™ xanthohumol.
Just like SOZO went to the source of the coffee fruit to get CoffeeBerry® extract, SOZO goes inside of a humulus lupulus plant to extract the xanthohumol ingredient. This ingredient works at the

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Sozo Global Aquires New Technology

by Ted Nuyten • April 16, 2015 • 0 Comments

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PUR Attitude Pre-Launches In The USA

by Ted Nuyten • April 16, 2015 • 0 Comments

PUR Attitude, a new concept party plan company with a line of all natural, clinically proven and toxic-free skin care and wellness products has launched its line from their corporate headquarters in Miami, Florida, with its sights set on a Grand Opening in Miami in October 2015.
David Pollock, PUR Attitude’s Co-Founder and product inventor, has over 20 years of experience creating products for some of the most recognized names in the skin care industry, including Lancome, Bliss, Smashbox, SkinCeuticals / L’Oreal, the Art of Shaving and many others. He has been a trusted consultant to companies like Mary Kay, Shaklee, Reliv, and many others.
Throughout his career, he’s been Vice President at Home Shopping Network, Senior Management with Fuller Brush, Founder of Clinical Results laboratory and CEO of Hydron Technologies. David was named

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PUR Attitude Pre-Launches In The USA

by Ted Nuyten • April 16, 2015 • 0 Comments

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ASEA Debuts at No.98 on DSN Global 100

by Ramya Chandrasekaran • April 16, 2015 • 0 Comments

ASEA, an emerging global leader in cellular health, made its debut on the sixth annual DSN Global 100 list ranked at No.98 by Direct Selling News magazine.
“We are incredibly honored to be named among the top 100 global companies in the direct selling industry,” said Charles F. Funke, ASEA Chief Executive Officer. “In just five years, we have built a strong, sustainable business based on one of the most exciting technologies on the market today. This recognition is a signal to the industry that ASEA is here to stay, and based on our strategic growth plans, we are confident that we will continue to move up this list in the years to come.”
The DSN Global 100 is a collective effort to show the impact and potential of the $178.5 billion direct selling industry. The 2015 list, unveiled