ViSalus and Other Preferred Shareholders Now Own Approximately 90% of ViSalusTransaction Extinguished 2017 Redemption Obligation
Blyth, Inc. today announced that it and the Founders and certain other preferred stockholders of its ViSalus network marketing subsidiary have completed the exchange of all of the Redeemable Convertible Preferred Stock of ViSalus for shares of ViSalus Common Stock.
On September 2, 2014, Blyth had announced that it and ViSalus’s Founders had reached an agreement in principle to effect the exchange which reduced Blyth’s ownership interest in ViSalus from 80.9% to approximately 10%, and increased ViSalus’s Founders and its other preferred stockholders ownership from 19.1% to approximately 90%.
In addition, the transaction extinguished the obligation of ViSalus to redeem the ViSalus Redeemable Convertible Preferred Stock on December 31, 2017 for an aggregate price of $143.2 million which obligation had been guaranteed by Blyth.
In connection with this transaction, Blyth amended the indenture governing its 6.00% Senior Notes due 2017 to provide for the mandatory redemption of the Senior Notes on the earlier of March 4, 2015 and the date, if any, that Blyth consummates a new financing. Cowen and Company, LLC acted as exclusive financial advisor to Blyth in connection with such amendment.
In addition, as a
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Top 200 Worldwide Earners In MLM – September 2014
by Ted Nuyten • • 0 Comments
The ranking The estimated earnings are based on Internet research, earnings claims from conventions, downline, upline, crossline information, direct selling magazines and through our 70+ reporters.
Numerous top earners and companies share earnings with us. Our objective is to show people, you can make an honest living with MLM, Direct Selling working with all kind of Direct Selling Companies.
These leaders had an incredible vision, empower people, and change their life through this business. They build Million-Dollar Distributorships through Million Dollar Relationships.
The estimated (gross) earnings are per month. You can search on name/company in our full database.
Adjustments, or did we miss you and do you make more then $ 5,000 per month?
Please fill this Confidential Form in
To view all 8,800+ Top Earners click here
WW RankNameCompanyEst. MonthEst. YearWebsite
1Dexter & Birdie YagerAmway$1,300,000$15,600,000www.dexandbirdieyager.com
2Angela Liew and Ryan HoNuSkin$1,100,000$13,200,000www.nuskin.com
3Barry Chi & Holly ChenAmway$650,000$7,800,000www.amway.com
4Holton BuggsOrganoGold$600,000$7,200,000www.organogold.com
5Shane MorandOrganoGold$600,000$7,200,000www.organogold.com
6Brian McClureAmbit$452,000$5,424,000www.ambitenergy.com
7Foo Howe Kean & Jenny KoAmway$450,000$5,400,000www.amway.com
8George Zalucki & Art NapolitanoACN$400,000$4,800,000www.georgezalucki.com
9Kim HuiJeunesse$400,000$4,800,000www.kimhui.brucehathuc.com
10Sunny Hsu & Debra HsiehAmway$400,000$4,800,000www.envip.com/en.asp
11Tom & Bethany AlkazinVemma$400,000$4,800,000www.vemma.com
12Abraham Benitez and Raquel CortezHerbalife$395,000$4,740,000www.herbalife.com
13Enrique and Graciela VarelaHerbalife$395,000$4,740,000www.herbalife.com
14Steve ThompsonAmbit$370,000$4,440,000www.rsthompson.com
15Carol & Ken PorterMonavie$350,000$4,200,000www.Monavie.com
16David Wood and David SharpeEmpowerNetwork$350,000$4,200,000www.empowernetwork.com
17Nancy DornanAmway$350,000$4,200,000www.n21corp.com
18Tae Ho KimHerbalife$350,000$4,200,000www.herbalife.com
19Philip EckartAmbit$324,000$3,888,000www.ambitenergy.com
20Betty SungNuSkin$315,000$3,780,000www.nuskin.com
21Carol and Alan LorrenzHerbalife$300,000$3,600,000www.herbalife.com
22Jose ArdonOrganoGold$300,000$3,600,000www.organogold.com
23Kaoru NakajimaAmway$300,000$3,600,000www.heckel.ne.jp
24Simon AbboudACN$300,000$3,600,000www.ACNinc.com
25Toufik RezigWorldGlobalNetwork$300,000$3,600,000www.worldgn.com
26John SachtourasOrganoGold$295,000$3,540,000www.organogold.com
27Herb & Patty CapedaIsagenix$280,000$3,360,000www.besetfree3.isagenix.com
28Leonard & Irina WeisbeinHerbalife$275,000$3,300,000www.herbalife.com
29Seung Ja and Young Ho Kang ParkHerbalife$265,000$3,180,000www.herbalife.com
30Patrick Maser & Mike MaserACN$260,000$3,120,000www.ACNinc.com
31Dong
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Lamia Bettaeib – Wor(l)d Global Network Top Earner Interview
by Ted Nuyten • • 0 Comments
Lamia Bettaieb from Tunisia is living in Dubai, United Arab Emirates, and is 11 times President Millionnaire in WOR(L)D Global Network. 11 times President Millionaire means that Lamia has earned over $3 million with her independent distributorship. She started 3 years ago with the opportunity.
Lamia has a team of 25,000 members with large groups in Europe and Asia and her estimated earnings are $250,000+ per month.
The company is in 5 of the industries active, Direct sales, Mobile Technology, Mobile Advertising, Video and VoIP Communications Renewable Energy.
WOR(l)D Global Network is a public company, headquartered in London and is in the process of become publicly listed in the UK.
Ted Nuyten had the honor to interview Lamia Bettaieb.
Lamia, how did you got into the Direct Selling industry, who invited you?
I have known the direct selling industry by browsing on the internet, because I was fascinated by the lifestyle achieved by successful entrepreneurs in this sector. In the wake of this enthusiasm, I could not give up the invitation of a friend to my first event, organized by a company belonging to the world of direct sales.
At the end of the presentation I quickly realized that that was my world and I decided
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Mannatech Annoucnes Three New Patents Issued To Worldwide Portfolio
by Nicole Dunkley • • 0 Comments
Mannatech®, Incorporated, the pioneer of nutritional glycobiology and leading innovator of naturally sourced supplements based on Real Food Technology® solutions, and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, announced the issuance of two new patents in Australia and one in Japan on product technologies. In total, Mannatech holds 96 patents worldwide.
One of the issued patents applies to Mannatech’s PhytoMatrix® formulation (titled All Natural Multivitamin and Multimineral Dietary Supplement Formulations for Enhanced Absorption and Biological Utilization). PhytoMatrix caplets are based on Mannatech’s Real Food Technology solutions, which provide standardized levels of nutrients sourced from fruits, vegetables and plants.* To date, six patents have been issued worldwide for the technology pertaining to Mannatech’s PhytoMatrix formulation.
Two of the patents issued apply to Mannatech’s Ambrotose AO® formulation (one issued in Australia and another in Japan). Ambrotose AO capsules provide a blend of plant extracts and antioxidant compounds with vitamins C and E to help the body combat oxidative stress. Just two capsules a day are scientifically validated to provide over two and a half times more antioxidant protection than five servings of fruits and vegetables.* To date, 31 patents have been issued worldwide to Mannatech for the technology pertaining to its Ambrotose
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Court Order To Take Control Of Banners Broker Issued
by Tina Williams • • 0 Comments
The website of suspected pyramid scheme Banners Broker was down yesterday as investigators received a court order to go after assets linked to the firm in Canada.
Around 12,000 Irish people invested in the scheme and collectively handed over millions of euro.
The company, which claimed it could make people rich though online advertising, suffered a major blow earlier this year after liquidators were appointed to Banners Broker International Ltd (BBIL), which was based in the Isle of Man.
This week the liquidators obtained a court order to take control of anything owned by BBIL and to compel its Canadian based operators to reveal the whereabouts of the company’s assets.
Court papers reveal the growth of the company, how it moved its assets and the efforts by investors to recover their funds.
Affidavits filed with the court said: “An online cloud-based business, BBIL’s operations were international in scope and its physical presence in any one jurisdiction was negligible.”
Irish people were among the first to be duped by the scam. Banners Broker Ireland Ltd was set up in December 2011.
Under an agreement the Irish operation was entitled to 5 per cent of all sales in Ireland and 7 per cent if it hit a turnover of more than
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Trévo CEO To Travel To Ghana
by Nicole Dunkley • • 0 Comments
Trévo President and CEO, Mark Stevens, will be continuing the final portion of his current West Africa tour in Ghana September 6-10 after spending time in Côte d’Ivoire with the Trévo team. Over two years Trévo Ghana has expanded to three offices located around the country and continues to grow and impress the entire Trévo family.
Stevens and Ghana Country Director, Benjamin Odiko, will be presenting “Creating Your Explosive Team.” This will be the first time Trévo Ghana Life and Health Coaches and potential Trévo distributors will be able to hear this presentation and only the second time Stevens has conducted this training, the first being in Nigeria only a few months ago.
Participants will learn the key leadership characteristics that will empower team building and take leaders to the next level of success. They will hear testimonies from leaders who have used the characteristics to create explosive residual income and have created a lasting legacy that will empower others for years to come.
Current Life and Health Coaches benefit greatly from bringing people to see Stevens present because it shows them firsthand what Trévo is all about. Stevens is a highly motivational and a well-versed individual who has the fabulous ability to
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Top Industry Leaders Mike & Lyn Allen Join Jeunesse
by Ted Nuyten • • 0 Comments
Australia’s Mike & Lyn Allen, who were most recently Organo Gold’s only Blue Diamonds in Australia, have today announced they have moved to Jeunesse Global Australia and have already started rapidly building their new business with this fast growing company.
“Jeunesse Global is a perfect fit for our future goals and dreams, which is creating a lifestyle and income for us and our team along the way.
We have been studying Jeunesse very carefully for a while, and we have observed their phenomenal growth these past few years, and we especially love their culture. The time is right now to devote ourselves fully to this company that is out-performing anything else out there today,” says Mike.
Mike was first introduced to Direct Selling in 1983, and since that time he has risen to the top in many great companies within the industry including Herbalife, L’Arome, Mannatch, and Organo Gold. Mike and Lyn have earned over AUD$5 million in residual income through direct selling in their 30+ years.
“We spent 14 years with Mannatech, reaching and maintaining the position of Gold Presidentials – the only couple in Australasia to achieve this position! Since 2012 we have been with Organo Gold where we hit Black
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Carribean Top Industry Leaders Joel Medina & Chris Marcano-Medina Join FG Xpress
by Ted Nuyten • • 0 Comments
Living in a developing country like Dominican Republic, Joel Media and Chris Marcano-Medina started as amateurs in network marketing in Organo Gold, the company that they call to be the blessing vehicle that changed their lives.
Amazingly Joel and Chris broke a record in the Caribbean Islands creating an organization from zero to Diamond volume in just 3 months and officially achieved and qualified the Diamond rank in only 6 months with the most quantity of achieved ranks in their downline leadership.
Faced with the many challenges of a rapid growth, it helped them raise the bar as leaders as they expanded internationally and decided to become network marketing professionals.
In their desire for reinvention, continued growth and development, they were given the opportunity to be mentored and work closely with two of the top earners of the industry to develop the FGXpress opportunity.
Joel and Chris expressed:
At first we weren’t very attracted because we didn’t think that the product could be of any impact, but after experiencing the great acceptance of the product we were amazed with the results. We started sampling people and came to see that everyone whom tried it for the first time was calling the next day for
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Zija International Awarded As Utah’s #1 Growing Company
by Nicole Dunkley • • 0 Comments
Zija International was recently named Utah’s #1 fastest-growing company by Utah Business Magazine. The award was part of the magazine’s annual “Fast 50” list, which ranks companies based on their percentage of growth year-over-year.
Zija was awarded during the Fast 50 luncheon held at the Grand America Hotel in Salt Lake City, Utah; each company was awarded in reverse order from 50 to 1.
Ryan Palmer, Zija’s Vice President of Sales, accepted the award on Zija International’s behalf. He gave thanks for the award and credit to Zija’s amazing field Distributors and corporate employees.
He also expressed excitement about the future of Zija International, including the upcoming launch of the company’s two new divisions—Ripstix Fitness Supplements and Améo Essential Oils—as a step closer to Zija’s goal of becoming a billion-dollar brand and a legacy company in the network marketing industry.
Other companies recognized as part of the Fast 50 came from various industries including healthcare, tech, network marketing, sales, and software.
About Zija International
Zija International, Located in Lehi, Utah, develops natural, earth-friendly health, wellness, nutrition and fitness products. Zija currently operates in 50+ countries worldwide through its global family of Independent Distributors.
Although the company has been in business for only a few short years,
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4Life Indonesia Launches New Products
by Nicole Dunkley • • 0 Comments
4Life Indonesia launched two new products recently at an event that attracted 250 4Life distributors to the 4Life office in Jakarta. Now available in Indonesia are 4Life Transfer Factor GluCoach, marketed with the tagline “Let’s Get Balanced,” and 4Life Transfer Factor Belle Vie, marketed with the tagline “Be Healthy, Be Beautiful.”
The event was attended by Gold International Diamonds Dr. Eduard Hutabarat and Katharina Sihombing, Gold International Diamonds Mas Ryandi and Kenny Kanita, Gold International Diamonds Christin and Agus Soemarsono, and Gold International Diamonds Leo Gito Simbara Ujung and Desiree Hellene. Also in attendance were many 4Life Indonesia corporate employees including General Manager Deddy Aryadi.
The launch of a more modern and elegant packaging for 4Life Transfer Factor Chewable Tri-Factor Formula was also announced. Other event highlights included distributor recognition, a GluCoach and Belle Vie product training, and an inspiring Belle Vie testimonial by Perempuan Merah Putih — a group of female hikers who supplemented with 4Life Transfer Factor while climbing Mount Kilimanjaro.
Deddy Aryadi: “The launch of these new products in our market is a demonstration of 4Life’s innovation and our continued commitment to support distributors.”
About 4Life
4Life’s leading group of doctors, scientists, and researchers continue to advance immune system science with innovations