DubLi, Inc. (OTC PINK: DUBL), a global Cashback E-commerce and marketing company that provides consumers around the world with a variety of innovative online shopping and travel opportunities, today reported fiscal 2015 financial results for the three months and six months ended March 31, 2015.
For the three months ended March 31, 2015, revenues increased approximately 200% to $3.8 million over the $1.2 million reported in the same three month period of 2014. The loss from continuing operations in the three months ended March 31, 2015 was approximately $2.0 million and was $1.2 million for the three months ended March 31, 2014. At March 31, 2014, the Company had deferred fee revenues of approximately $13.5 million, substantially all of which will be recognized as revenues during fiscal years 2015 and 2016.
For the six months ended March 31, 2015, revenues
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Medifast Reports Quarterly Earnings With Profit Of $4.4 Million
by Tina Williams • • 0 Comments
Medifast Inc. (MED) on Thursday reported first-quarter net income of $4.4 million.
On a per-share basis, the Owings Mills, Maryland-based company said it had net income of 36 cents. Earnings, adjusted for one-time gains and costs, came to 46 cents per share.
The weight-loss company posted revenue of $73.4 million in the period.
For the current quarter ending in June, Medifast said it expects revenue in the range of $72 million to $74 million.
The company expects full-year earnings to be $1.85 to $1.95 per share, with revenue ranging from $285 million to $300 million.
Medifast shares have decreased almost 8 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $30.95, an increase of 6 percent in the last 12 months.
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Total Life Changes Pays Off for Stay-At-Home Mom
by Nicole Dunkley • • 0 Comments
Twenty Years to Pay Dirt in the MLM Business. This stay-at-home mom has never given up. Can you imagine showing up to work every single day for twenty years and never earning a real paycheck? Well that’s been the story of self-employed networker Pam McCray.
For the past 20 years, she has joined business after business, gone to meeting after meeting, attended conference after conference and wore the badge of honor for every company she’s been connected to, but never found any consistent success.
“I have to admit, I’ve had a difficult time earning income and getting any acknowledgement of being a leader in the MLM industry. But I always had this belief that I would eventually win. I was one of those network-marketing babies who grew up with parents who believed in the
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RetailMeNot Uses Free Speech In Lawsuit With Mary Kay
by Tina Williams • • 0 Comments
Austin-based RetailMeNot Inc. is using a free speech defense in a lawsuit filed by cosmetics maker Mary Kay Inc.
The digital coupon site filed its response Thursday saying Mary Kay attacked its free speech and its right to the use of publicly available information on the Internet.
Addison-based Mary Kay filed a lawsuit in March asking the court to bar RetailMeNot from using the Mary Kay name.
Mary Kay claimed in U.S. District Court in Dallas that it does not provide digital deals, offers and coupons for publication on RetailMeNot and hasn’t authorized or permitted the site to list deals, sales or codes using its name or likeness.
RetailMeNot said in a statement that it “rejects Mary Kay’s attack on the rights of Americans using its websites to freely exchange publicly available information over the Internet.”
The
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Vector Marketing Professional Sells $1 Million In 5.5 Years
by Nicole Dunkley • • 0 Comments
In just five and half years, Vector Marketing Sales Professional Seth Kinzer sold $1 million and qualified for the company hall of fame. He is the third fastest in Cutco history to reach this milestone, and he did so while finishing his college degree.
Kinzer is based in Minneapolis, Minnesota, where he works at Vector Marketing as a Cutco Sales Professional and a Fair and Show Coordinator for its Northstar Division. Vector Marketing recruits representatives to sell Cutco kitchen cutlery, kitchen accessories, and sporting knives.
Kinzer started his career with Vector in 2009. For the first year and a half, he was a full-time college student at St. Olaf College in Northfield, Minnesota. He graduated in December 2010 with a bachelor’s degree in economics. He has sold an average of some $200,000 a year,
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Talk Fusion Expands Into Central Africa
by Nicole Dunkley • • 0 Comments
Talk Fusion continues to demonstrate international success in countries throughout the world. In the sovereign state of Gabon, Africa, Associate Judicael Obame was hard at work as a full time PhD student in biological sciences. In an effort to overcome mounting debt and help earn financial freedom for his family, he tried several personal business endeavors.
Unfortunately, each of them took up so much of his time that he had to abandon them. It appeared he would have to make a terrible choice: his higher education and the career of his dreams OR making enough money to get out of debt and help his family.
Fortunately Judicael was introduced to Talk Fusion by a friend before he had to make that critical decision. He didn’t need his PhD to realize he had found
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Four Oceans To Pre-Launch In 5 Countries
by Nicole Dunkley • • 0 Comments
Four Oceans Global, LLC announced that the company is officially pre-launching in an additional 5 countries. Headquartered in Plano, Texas, Four Oceans is the leading lifestyle and professional development learning and experiential social selling company focused on a positive, meaningful life defined and attained through “sustained happiness.”
Four Oceans launched on April 6, 2015 and in only its first 5 weeks of operations has already significantly surpassed business growth expectations projected for 1st quarter business operations in the U.S., Australia, New Zealand, Hong Kong and the Philippines.
“Launching the company and getting past the starting gate of building a state-of-the-art (video driven) personal development and luxury travel rewards platform, which is powered by the MLM industry’s strongest wealth creation vehicle has been an epic task. Now add an accelerated timeline for pre-launching additional
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Amway Sees Aging Society As Biz Opportunity
by Tina Williams • • 0 Comments
U.S. direct-selling company Amway has found further room for growth in Korea as per-head sales of its health supplement products topped other countries last year, the company founder’s son said Sunday.
In an interview with Korean journalists in Beijing, Sam Rehnborg, president of Nutrilite Health Institute, wholly owned by Amway, said as Korea was one of the world’s fastest-aging societies, the demand for health supplements was set to rise in coming decades.
“China is a huge market compared to Korea,” he told The Korea Times after the group interview. “In terms of sales per capita, however, Korea is already a benchmark for our less-developed markets due to Amway Korea’s powerful method of marketing, referred to in some U.S. universities as social marketing. It helped the market in Korea to another level.”
To explain what social
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TriVita Pays $3 Million In Refund Checks For Class Action
by Tina Williams • • 0 Comments
Back in the day, about the only people who even thought about drinking cactus juice were prospectors and pioneers who’d gotten lost in the desert. But times have changed and now you can order a whopping four-pack of 32-ounce bottles of Nopalea cactus juice from a company called TriVita.
Why would you want to do that?
Well, according to the company’s website, its cactus juice from the blazing hot Sonora Desert of southern Arizona is downright anti-inflammatory. You know, sort of like it fights fire with fire.
Or as TriVita puts it: “Featuring the superfruit of the prickly pear (nopal) cactus, it contains a powerful class of nutrients called Bioflavonoids.”
Checks being mailed
Could be but the Federal Trade Commission is mailing nearly 500,000 checks totaling about $3 million to consumers who actually ordered the stuff and, presumably,
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Young Living Essential Oils Donate $100k To Nepal Relief
by Nicole Dunkley • • 0 Comments
The American Red Cross Utah Region announced that members and employees of Lehi-based Young Living Essential Oils met a $50,000 company match bringing the combined corporate and member donation to $100,000 to support Red Cross relief efforts in Nepal.
“The response from our members and employees was astounding,” said Travis Ogden, Young Living Chief Operating Officer. “I am proud to represent a company whose members share the same core beliefs as our founders, and generously give to those in need.”
Heidi Ruster, Red Cross Utah Region CEO adds, “We are so grateful to Utahns and businesses like Young Living Essential Oils for supporting our efforts in Nepal to help so many that have been devastated by this disaster. The public can be reassured that 91 cents of every dollar donated will be spent on