Wall Street Journal reports: Amway Corp. is betting that a “Made in the U.S.A.” label will hold its appeal with consumers in Asia.
The direct seller is spending $200 million on four new factories and a new research lab in the U.S., including a new plant in its home state that will make soft-gel casings for dietary supplements and other pill products.
The investment comes even as the company sees some of its fastest growth in emerging markets far from its headquarters in Ada, Mich. Manufacturing in the U.S. for buyers in Asia adds costs to Amway’s supply chain and up to three weeks to the time it takes to bring a product to market. That can make it difficult to respond to fast-changing consumer tastes.
But the company hopes those disadvantages will be outweighed
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JM Ocean Avenue Executives, Including CEO, Resign
by Tina Williams • • 0 Comments
JM Ocean Avenue released the following memo to their field.
Effective from today (July 2015), Mr. Timothy James Richerson, Mr. Frederick Ninow, Mr. Gregory Charles Baum, and Ms. Sung Shaing Chaun resigned from all positions from JM Ocean Avenue and no longer service JM Ocean Avenue, or its branches. Meanwhile, these individuals, any personal or business contacts or represent themselves and have no relationship with JM Ocean Avenue. They are not entitled to take following actions on the behalf of Mr. Joe Zhou, Mr. Jacky Zhang, and JM Ocean Avnue.
1. Signing any agreement or contract relating to JM Ocean Avnue
2. Release or publicize any information relating to JM Ocean Avenue
Please be aware JM Ocean Avenue takes no responsibility for any of their future behaviors. JM Ocean Avenue are greatful for their previous contributions
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Isagenix Makes Inc 5000’s List 9th Year In A Row
by Tina Williams • • 0 Comments
On the heels of this year’s Stevie Awards, Isagenix is thrilled to announce it has earned a spot on the prestigious Inc. 5000 list for the ninth consecutive year—propelling its three-year growth by 177 percent and receiving the rank of No. 2,210.
In addition to this distinguished honor, Isagenix was also acknowledged by Inc. magazine as a Five-Time Inc. 5000 Honoree for being on the list for five consecutive years or more.
For the past 34 years, this highly regarded publication has been recognizing the fastest-growing private companies in America for their remarkable achievements.
“We owe our success to our leaders in the field and our Associates, all 550,000 of them, who use our products daily,” says Jim Coover, Isagenix Co-Founder and President, “and our more than 800 global employees who have put our vision
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Ominto, Inc. Reports 3rd Quarter Fiscal 2015 With A 337% Increase In Revenue
by Tina Williams • • 0 Comments
Ominto, Inc. (OTC PINK: OMNT), the global leader in online Cash Back shopping, today reported fiscal 2015 financial results for the three months and nine months ended June 30, 2015.
For the three months ended June 30, 2015, revenues increased approximately 337% to $4.8 million over the $1.1 million reported in the same three month period of 2014. The loss from continuing operations in the three months ended June 30, 2015 and 2014 were approximately $1.3 million and $1.5 million, respectively. At June 30, 2015, the Company had deferred fee revenues of approximately $12.6 million, substantially all of which will be recognized as revenues during fiscal years 2015 and 2016.
For the nine months ended June 30, 2015, revenues were $13.4 million compared to $3.5 million as reported in the same period of fiscal 2014, an
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Ambit Energy Makes Inc 5000 For 6th Consecutive Year
by Tina Williams • • 0 Comments
Ambit Energy, the world’s largest direct seller of energy and a leading national retail energy provider, today was ranked No. 2,814 on Inc. magazine’s 34th annual exclusive ranking of the nation’s fastest-growing private companies. With a record revenue of $1.5 billion in 2014, Ambit netted a three-year growth rate of 128 percent, and ranked No. 8 overall in total revenue.
“We are honored to be ranked for the sixth consecutive year on the Inc. 5000 list, which is a validation of our commitment to be the finest and most respected retail energy provider in America”
Ambit provides electricity and natural gas services in deregulated markets in 14 states and Washington, D.C., primarily using a direct sales channel of more than 350,000 Independent Consultants. The company originally captured the No. 1 position on the Inc. 5000 in
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LegalShield Announces New $100,000 Ring Earner
by Tina Williams • • 0 Comments
In recent announcements, LegalShield, celebrated a new ring earner:
Our newest $100K Ring Earner has achieved $100K in commission in a 12-month period. This amazing accomplishment is a testament to his hard work and efforts in building his LegalShield business. As a result, Mr. Jim Tanner is being honored for this achievement with our $100K Income Ring.
Please join us in congratulating Mr. Jim Tanner on this monumental achievement!
About Legal Shield
LegalShield is an American corporation that sells legal service products through direct sales and network marketing in the United States and Canada. The company was originally founded August 8, 1972 as the Sportsman’s Motor Club. In 1976 it was incorporated as Pre-Paid Legal Services, Inc., and made its initial public offering in 1984.
Pre-Paid Legal Services, Inc. went from being traded on the New York Stock Exchange back to a private company in
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Zeek Rewards Scam Pays Out Yet Another $89 Million
by Tina Williams • • 0 Comments
The receiver for defunct ZeekRewards.com said Thursday he has made a third distribution to victims of the Ponzi scheme, this time for $89.2 million.
Kenneth Bell said 112,734 checks were mailed July 31. The distribution raises to $246.05 million the amount that Bell has released from the ZeekRewards estate since September.
Bell said he was not able to distribute an additional $46.24 million because about 35,400 potential recipients still have not completed their eligibility requirements, such as electronically signing the legal release and certification required by court orders.
Bell said most victims who are qualified for reimbursement would get a check.
Bell raised his projection of what the average recipient should get from 60 percent reimbursement to approaching 70 percent. The next distribution, if possible, is set for Oct. 31.
In August 2012, the U.S. Securities and Exchange Commission
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ForeverGreen Reports 14% Increase In Q2 2015 Revenues To $16.1 Million
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, recently announced financial results for the second quarter ended June 30, 2015.
“During July we pre-launched our Ketopia product system in two countries and expect this to be a top selling product. We will officially launch this product in January. Management intends to continue to improve its marketing plan to drive overall profitability. Management will continue to scrutinize expenses related to operating activities and order fulfillment to determine appropriate actions to take to reduce these costs as a percentage of sales. We continue to look forward to our bright future,” stated Ron Williams, CEO.
Second Quarter Financial Highlights
Total revenues increased 13.8% to $16,079,017, compared to $14,127,840 in the second quarter last year. The company has deferred revenue of $353,073 versus $162,542
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4Life Appoints New Chief Scientific Officer
by Nicole Dunkley • • 0 Comments
4Life executives recently appoint David Vollmer, PhD, as the company’s Chief Scientific Officer.
Dr. Vollmer joined 4Life in 2013 with more than fifteen years of experience in quality control and analytical laboratory management, primarily in the pharmaceutical industry. Since joining 4Life, Dr. Vollmer has been responsible for numerous quality processes, as well as the implementation of 4Life’s analytical laboratory which validates the potency, purity, and quality of all 4Life products.
President and CEO Steve Tew: “Dr. Vollmer has made valuable contributions to the quality and integrity of 4Life Transfer Factor® and other 4Life products. I look forward to his leadership as our new Chief Scientific Officer.”
Previously, Dr. Vollmer served as the company’s Vice President of Quality and Analytical Services. In addition to responsibilities that included the 4Life analytical laboratory, he also helped oversee cGMP
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Market America & SHOP.COM Host 20,000+ Entrepreneurs At 2015 Convention
by Nicole Dunkley • • 0 Comments
Market America – SHOP.com Annual International Convention in Greensboro, North Carolina, hosted 20,000 plus eager entrepreneurs ready to teach consumers how to convert spending into earning through the revolutionary Shopping Annuity™. Special guest appearances included La La Anthony, Cliff Floyd, Fat Joe, Rohan Marley and Daymond John, star of Shark Tank and entrepreneur, who shared inspirational tips on managing your own business.
The highlight of the events was when President, CEO and Founder JR Ridinger took his keynote speech to new heights, and walked a tightrope pushing a wheelbarrow 15 feet in the air to illustrate the importance of belief to accomplish your dreams.
20,000 Entrepreneurs, Celebrities and Friends witness President & CEO of Market America | SHOP.COM, JR Ridinger, launch The Shopping Annuity while walking a high wire over Niagara Falls while pushing a