ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today the appointment of Rick Redford, as the company’s new CEO.
Ron Williams has resigned as the company’s President and CEO, and will remain as a member of the Board of Directors, as well as continue in a consulting role working directly with the leadership in the field.
Ron Williams commented,
“Finding the right person has been a timely and thorough process for the company. Mr. Redford has the right experience and knowledge to do an outstanding job as the Company’s new CEO.
I am looking forward to continue supporting and growing the company by taking a role that really embodies my talents and passion, which is working with our distributors and leaders of the company and to always keep our
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German Regulator Freezes IMS – An OneCoin Company For Unauthorized Payment Services
by Ted Nuyten • • 0 Comments
The BAFIN in Germany regulates financial transactions and according to a German press release, Bafin ordered InternationaI Marketing Services – a OneCoin company – to freeze and cease its operations in Germany as the company did not and does not have the required authorization for finincial transactions.
The order may still be subject to judicial review.
BaFin is one of the largest financial supervisory authorities in Europe. With its more than 2,600 employees, BaFin takes an industry-appropriate and risk-oriented approach to supervision on the basis of recognised European supervisory standards.
As an integrated financial supervisor for the banking, securities and insurance sectors, BaFin ensures the stability of the largest financial market in continental Europe.
BAFIN did not judge the Direct Sales compensation plan:
BaFin does not have the right to decide as to
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Paycation Names Larry Cantrell As President
by Ted Nuyten • • 0 Comments
Paycation officially announced at the 2017 National Leadership Conference in Las Vegas their global expansion strategy and the much-anticipated person that will be leading the charge.
TraVerus Global, Inc., was introduced as the new parent company of Paycation Travel, Xstream Travel and Xstream Holidays. These entities will continue to operate under the TraVerus Global brand as the travel and leisure division.
Bachar Nutrition will be added as a health-and-wellness division, along with Success Training Institute (STI) operating in conjunction with the other businesses in a personal development division. These three areas combine to give customers and representatives more options to improve their lives in a more complete way.
Larry Cantrell was announced to spearhead the expansion strategy and is welcomed as the new President of TraVerus Global. Cantrell is a 30-year veteran of the
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OneCoin – OneLife Sales Are $500 Million+ Per Month
by Ted Nuyten • • 0 Comments
According to our information, despite the bad press OneCoin and their marketing Arm OneLife gets, sales are topping $500+ Million per Month.
At this growth rate the company will be the largest direct selling opportunity in 2017 in the world, passing well known giants as Amway and Avon.
Earlier OneCoin – OneLife annouced their intention to go public:
The company press release:
“It is with great pride that we announce the first steps OneCoin is taking toward being publicly traded.
The procedure every company has to go through in order to become listed on the stock exchange is long and complicated, so we are sharing the information 15 months in advance, so we can all prepare accordingly. It is official – OneCoin is going public in the second quarter of 2018, and we want the coin
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Lyoness Plans To Appeal Against Swiss Pyramid Decision
by Ted Nuyten • • 0 Comments
According to an article in TT.com an magazine in Austria, Lyoness has stated it plans to appeal the decision from the Swiss Court that the company compensation plan is a Pyramid – Snowballl system.
The google translation, partly edited:
Against Lyoness, main sponsor of the Austrian football club Rapid Wien, is an other civil law judgment. This time, the Swiss Obergericht Zug has described Lyoness as a snowball system. Members would only receive money when they recruited other members. Moreover, the business model is intransparent. The judgment is not final.
Lyoness had resisted a corresponding judgment of the lower court and has now cut off with the complaint. A judgment of the Supreme Court of the Canton of Zug (APA), dated February 28, is entitled to appeal “if a legal question is of fundamental importance”.
Lyoness
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Top Leader Trish Schwenkler Making History At ASEA
by Ted Nuyten • • 0 Comments
Trish Schwenkler and her husband Robert are reaching new heights in ASEA and maintaining their position of Number 1 – Top Earner in ASEA.
ASEA is a recognized category creator. ASEA is the first and only company to market the new patented “redox signaling technology” in both consumable and topical products to customers worldwide.
The Schwenklers joined ASEA in 2009, were recognized as the Top Earners since 2013, and within the past twelve months have reached new, higher ranks and achievements.
In April of 2016 ASEA created six new ranks. When the new ranks were announced in April the Schwenklers were the first to achieve Ambassador Triple Diamond. Just five months later at the Envision conference the Schwenklers were again recognized as #1 earners, they were pinned and made ASEA history as ASEA’s first Presidential
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Vida Divina Acquires Latin MLM Giant OvaNutric
by Ted Nuyten • • 0 Comments
Vida Divina Worldwide, officially acquires Latin MLM giant OvaNutric, based out of Guadalajara – Mexico.
Vida Divina Worldwide is a global direct marketer and Manufacturer of nutritional and lifestyle products, selling products into 30 countries and with impressive distribution centers in 10 countries, using the platform of the direct sales channels to distribute to over million end product users a month world wide.
On the 21st of February 2017, Vida Divina has announced that the Company has finalized an agreement to acquire 100% of the assets and take over all operations of Latin America’s MLM giant, OvaNutric Worldwide, based out of Guadalajara, Mexico.
Additionally, Vida Divina has entered into a supply agreement to manufacture and market products of OvaNutric’s brand to pending orders and fulfilling contracts to the non-Network Marketing branch of products that spans
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Why Amway Lost $3 Billion In Sales In 3 Year
by Ted Nuyten • • 0 Comments
According to Amway’s Business Brochure:
“More freedom. More flexibility. An Amway independent business offers you a path filled with possibilities, all on your terms. It’s a low-cost, low-risk way to start your own business regardless of your professional background, life experience, or education. You supply the passion and hard work, we’ll provide the training, support, inspiration, and rewards be in business for yourself but not by yourself.”
Fact is that if any business, as in Direct Sales, declines, is not very attractive for a business builder.
Growth is what you need, momentum and a great compensation plan. Amway’s official statement about the decline is: “Market conditions in China”.
However, if you listen to former Amway diamonds and corporate executives, there is an other important issue: the outdated Amway’s compensation plan. In some countries Amway’s presence
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Herbalife Paid a $200 Million Fine – Then the FTC Screwed it Up
by Ted Nuyten • • 0 Comments
According to an article in Forbes, Herbalife Paid a $200 Million Fine and then the FTC screwed it up:
Three weeks ago, on Jan. 10, the Federal Trade Commission announced what sounded like great news for people who had lost money with Herbalife, the multi-level marketer of weight-loss shakes and nutritional supplements: Their checks were in the mail.
It was the final outcome in the FTC’s lengthy battle with Herbalife (hlf, +0.32%), which in July agreed to pay $200 million in a controversial settlement.
And it was supposed to be a great victory for the hedge fund manager Bill Ackman, who had poured $1 billion into a bet against Herbalife stock and long argued that Herbalife was scamming immigrants into loading up on weight-loss shakes they’d never be able to sell at a profit.
But
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Thermomix Australia – A Vorwerk company – Is Being Sued By A Former Distributor
by Ted Nuyten • • 0 Comments
According to News.com.au an Australian based magazine, Thermomix a Vorwerk company is sued by a former distributor.
News.com.au:
THE $2089 Thermomix calls itself “the most advanced appliance on the market” and has thousands of zealous fans, but the cult kitchen brand is at the centre of a bitter, emotional legal battle with a “traumatised” former contractor.
The high tech food processor is supposed to make life easier, yet in the past two years the company has been accused of causing third degree burns, encouraging a toxic bullying culture and failing to be honest with its customers.
Now former contractor Elisabeth Higgins, 56, from Perth, is suing Thermomix Australia in the District Court of WA. She claims Thermomix took away her business and failed to compensate her, and wants them to pay her lost earnings of