Forbes.com Inc., (www.forbes.com) a leading Internet media company, is among the most trusted resources for the world’s business and investment leaders
In an recent article with the heading: “Would You Join A Multi-Level Marketing Company For Retirement Income?” Forbes author Robert Laura is very positibe about the Network Marketing Industry:
Forbes:
At some point in your life you’ve been pitched a multi-level marketing (MLM), direct selling, or network marketing business opportunity. While the pitch varies from company to company, it basically promises a chance to ditch your 9-5 work schedule, be your own boss, and make lots of money while making new friends in the process.
It all sounds good on paper, yet there is a seemingly endless debate over whether these companies and programs are legitimate business opportunities or not, so I dug in and
Tag Archive for Direct Selling Secrets
Hot Business News Today
Xinping Ning – From Immigrant To Top Leader
by Ted Nuyten • • 0 Comments
Xinping Ning or PingPing Ning is an Ambit Energy Executive Consultant, this is what she had to say about her road to success:
“I’m an immigrant from Mainland China and also a single-mother. When I first came to the US, everything was alien to me. I had to start all over again and adjusted myself to the environment, including language, work, social life, etc.
In order to make a living, I had to work and tried different things. I had waited tables, provided care to the elderly, and even worked at a poultry processing factory as a feather-clearing laborer.
After several years of hard work, I was able to establish my own businesses. I started a restaurant, a beauty salon and a moving company with some friends and still own them. Having my
Hot Business News Today
Vemma Has Requested 1 week Additional Time For the Hearing And 10 Legal Bullet Points
by Ted Nuyten • • 0 Comments
1. Vemma’s legal team has been assembled. In order to present a strong case the legal team has requested additional time to prepare. I understand the additional time requested is one week.
2. Jeffrey A. Babener, of Portland, Oregon, is the principal attorney in the law firm of Babener & Associates. For more than 30 years, he has advised leading U.S. and foreign companies in the direct selling industry, including many members of the Direct Selling Association.
He has send us his analysis of the case:
Vemma vs. FTC: 10 Quick Bullet Points Jeffrey Babener (2015)
On August 17, 2015, the FTC filed a complaint in U.S. District Court in Arizona, seeking a permanent injunction against Tempe-based Vemma International Holdings, Inc., a long-time direct selling marketer of health-related products. The FTC was successful in obtaining
Hot Business News Today
Poll: Is Vemma an illegal Pyramid Scheme?
by Ted Nuyten • • 0 Comments
According to the Federal Trade Commission (FTC) in the USA, Vemma is an illegal Pyramid Scheme and the company fight in court to this – to be proven – allegation.
Temporary Vemma was forced to close down operations, the assets are frozen, basically a $200 million company is taken out in an hour by the FTC.
A first hearing in court is set for the second week of September.
Founded in 2004 by CEO – BK Boreyko and his two sisters, Karen and Lauren, Vemma Nutrition Company has become known as one of the premier industry leaders specializing in premium liquid nutrition.
Vemma has done over $1 billion in revenue since 2004, has clinical proven products, is a long standing member of the Direct Selling Organisation, and is open in 50+ countries all over the
Hot Business News Today
BK Boreyko – Vemma CEO Statement on FTC Pyramid Charges Case
by Ted Nuyten • • 0 Comments
BK Boreyko, Vemma CEO stated today on his Facebook:
“Hello Vemma faithful:
Just wanted to clear up a couple of phone calls I’ve received about moving to other companies. Although I know there’s panic out there, I want you to hear it from me…hang tight.
We have a hearing scheduled for September 3rd.
I think we’ll win. Until then, I know you want to do the best for your teams and that’s a sign of great leadership.
I will and have always complied with the court’s order in this matter. I’m the kind of guy that would never violate the terms of that order. If you hear anything different, tell them you talked to me and I said buckle up because there’s great things ahead for Vemma!
About Vemma
Founded in 2004 by BK Boreyko and
Hot Business News Today
Vemma’s Defense Shields up – Asking For Testimonials
by Ted Nuyten • • 0 Comments
Kevin Thompson, the MLM attorney is hired by Vemma as one of their attorney’s and he requests Vemma customers and affiliates to help with Vemma’s defense.
As one of the voices in the Direct Selling industry, we are glad to help this company, which is under sieg, and we would do so for any other company
There is a file to fill in for satisfied Vemma customers and affiliates to give their honest opinion about the products and other experiences.
It helps tremendous in Vemma’s defense against the FTC Charge.
In below video Kevin Thompson explains:
Kevin Thompson says:
“The instructions are included in the video.
#1 Get the word file here: https://thompsonburton.box.com/…/sd950goq8c9jdlluteyhquu6gh…
#2 Complete your affidavit, get it notarized. Be sure to delete the highlighted fields. Those are there to get you started. The affidavit needs to be
Hot Business News Today
Vemma Might Be In Business After 3 September
by Ted Nuyten • • 0 Comments
According to Kevin Thompson – the MLM attorney, in below video, there is a fair chance Vemma will be again in business next week.
Kevin Thompson is the leading Network marketing top attorney in the USA.
He stated: “It’s my opinion that the FTC got this one wrong. Vemma, with a long history of product value and a A+ rating with the BBB (a near impossible feat), does not fit the “pyramid scheme” mold. This is an important case”.
He also stated that he believes the Injuction (a court order to stop business) will be lifted after the hearing, the first meeting in front of the judge, between Vemma and the FTC.
He also believes the lack of regulation in the MLM – Network marketing industry has triggered this lawsuit, basically the FTC can
Hot Business News Today
FTC Charges Vemma To Be An $200 Million iIlegal Pyramid Scheme
by Ted Nuyten • • 0 Comments
The FTC lawsuit against Vemma has been published and this are the allegations: illigal pyramid scheme, Income claims, Failure to disclose, Means and instrumentalities, Relief defendent.
The FTC was granted a court order to freeze the company’s and CEO B.K. Boreyko’s assets as well as a temporary restraining order.
“Defendants are running a global pyramid scheme that has likely victimized hundreds of thousands or millions of consumers” the FTC said in court filings released to the public Tuesday.
It is a direct attack on the MLM – network marketing industry. If Vemma is closed down, a lot of network marketing companies with a simular model in the USA are in deep trouble.
The FTC names Vemma Nutrition Company, Vemma International Holdings, B. K. Boreyko, and Tom Alkazin as defendants.Tom Alkazin’s wife, Bethany Alkazin is named as a
Hot Business News Today
Six Questions To Ask Before Joining Direct Selling
by Ramya Chandrasekaran • • 0 Comments
American publisher US News & World Report known for its authoritative ranking reports has published an article to help people who are interested in the direct selling industry.
From wine to workouts, candles to cutlery, you’ve probably had a friend or co-worker (or perhaps been the friend or co-worker) invite you to an in-home party or post about their products on social media. Direct selling is on the rise, so that’s no coincidence. Over 18 million Americans were involved in direct selling and estimated retail sales reached $34.5 billion last year (an increase of 5.5 percent), according to the Direct Selling Association’s 2015 Growth & Outlook Report.
Joseph Mariano, president of the Direct Selling Association, a trade association for firms in this space, attributes this growth to several factors, including “the incorporation of social
Hot Business News Today
FTC Attacks MLM Autoship Programs, Vemma Served With Complaint
by Ted Nuyten • • 0 Comments
Vemma was served with a complaint by the FTC on 25 August in the USA, for their autoship program. Vemma affiliates Back Office is temporarily unavailable.
Autoships are huge. Most companies with solid products will see anywhere from 40% to 75% of all revenues come from the monthly reorder of their products.
The FTC – Federal Trade Commission – is a powerfull USA government organization and its mission is “Protecting USA customers”.
This is not a Vemma issue, this is an attack on the Industry. Vemma has the bad luck to be the guinea pig, and it will cost the company and CEO BK Boreyko, huge amounts of time and money to defend them against this FTC investigation.
In VEMMA the auto ship is optional, so apparently this investigation is based on an “old” complaint and