Nature’s Sunshine Products, Inc. a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, today announced the closing of its previously announced China joint venture with Shanghai Fosun Pharmaceutical (Group) Co., Ltd. and private placement transaction of 2.854 million shares of common stock, representing approximately 15% of Nature’s Sunshine’s outstanding common shares, to Fosun Pharma at a price of $16.19 per share. Aggregate proceeds to Nature’s Sunshine were approximately $46.2 million.
“Our strategic alliance with Fosun Pharma is the first of its kind between a U.S. company and a Chinese company for direct selling products in China,” commented Gregory L. Probert, Chairman and Chief Executive Officer of Nature’s Sunshine Products. “Our entry into China marks the beginning of a valuable long-term partnership with Fosun Pharma, as well as a significant step forward as a global organization. As part of our go-to-market strategy, we are focused on completing the regulatory approvals process, establishing the necessary legal entities, recruiting key staff, and moving forward with products to market through a multi-brand, multi-channel approach. We look forward to working with Fosun Pharma to capture the vast opportunity ahead.”
The joint venture, known as Nature’s
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DubLi Leaves Auctions And Goes To Shopping Network: Increases Revenue
by Tina Williams • • 0 Comments
DubLi’s financial reportings for the yearly report shows an increase in revenue after leaving the auction program in fiscal 2013. They currently sell premium and V.I.P. member package susbscriptions to online customers.
DubLi is a global network marketing organization with Business Associate representatives in dozens of countries throughout the world. Business Associates can offer a wide variety of products and services to their customers, many of whom are also recruited to become Business Associates themselves. Business Associates earn commissions on sales of products and services that they sell directly, and earn commissions on “downstream” sales of products and services made by Business Associates that they recruit into the marketing network.
Although revenue increased from $15 Million to just under $18 Million, their operations cost nearly tripled from $7 Million to $29 Million.
Shares of stock have remained virtually the same over a 5 year period. DubLi remains a year behind on financial reporting.
Overview
DubLi, Inc. has created a framework for attracting and maintaining consumers through a web based shopping and entertainment community. The foundation of DubLi is based on innovative technology, a global platform and an expertise in understanding and capitalizing on global economic trends and changing consumer behaviors. The central hub of the
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CVSL, Owner Of Agel And Other Network Marketing Companies, Moving To New York Stock Exchange
by Tina Williams • • 0 Comments
CVSL Inc. has received notification that it has been authorized for listing on the NYSE MKT, contingent upon CVSL being in compliance with all listing standards on the date it begins trading on the Exchange.
“Listing on the NYSE MKT will represent a very significant milestone for CVSL. We are all delighted to receive this news. I believe listing will expose CVSL to a much broader audience of institutional and retail investors and that it is a powerful indication of CVSL’s growing success,” said Mr. Rochon. “We look forward to completing the process for the uplisting shortly.”
About CVSL
CVSL is a growing group of micro-enterprise companies that connect social media networks into an ever-expanding virtual “community” of social commerce.
CVSL companies currently include The Longaberger Company, a 40-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Project Home (formerly conducting business under the name Tomboy Tools), a direct seller of tools designed for women as well as home security systems; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line sold under the Ageless brand, operating in 40 countries; Paperly, which
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Egemen Özer – Mega Holdings 23 Year Hits $50,000 Per Month
by Ted Nuyten • • 0 Comments
Egemen Özer from Ankara, Turkey is 23 years young, started in 2010 with Megaholdings, and has hit the $50,000 per month mark with his independent distributorship. For his age (and any age) an awesome achievement.
He has the top rank of Mega leader in the compensation plan and has build a team of 5,000 partners.
Mega Holdings is an international Direct Selling company providing online web hosting services.
Mega Holdings is incorporated in Hong Kong and its Management team is headed by Chairman/Founder Michael Cheng, a successful business entrepreneur with rich experience in network marketing and other business investments in several parts of the world.
The pioneering spirit of Michael Cheng, began in mid-1999 in Hong Kong where he launched an online e-commerce company selling websites and hosting services.
This was initiated at a time when e-commerce was still in its infant stage of development. Thus began the journey of adventures and discoveries in e-commerce that spanned over 122 countries worldwide and that touched the lives of hundreds of thousands of individuals across many cultural and national lines in a borderless world.
The catch slogan of ‘Mega Holdings changes the way people network. You change the way they live!’ soon caught on with
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Thirty-One Gifts’ Yearly Report: 8 Million Customers, 1 Million Parties, and $740 Million In Sales
by Tina Williams • • 0 Comments
Thirty-One Gifts Hosted 15,000 + of its sales force at an arena this week and celebrated a huge year. One of the company’s senior staff, Anthony McIntosh, reported that, in the past year, Thirty-One Gifts sales consultants hosted 1 million parties, served 8 million customers and reported $740 million in sales.
They also introduced 12 new products for their fall line. Part of their products and success in finances is also their push to do good;
The emphasis on doing good in addition to doing well financially was much in evidence during the opening session. One sales consultant, Lynn Pfost of Kentucky, said she had been led to become part of Thirty-One after her son was diagnosed with leukemia and she was able to stay at a Ronald McDonald House that had been sponsored by Thirty-One during his treatment.
Thirty-One Gifts joins the list of large, power house network marketing companies and leads as one of the top home-party companies. They have now expanded their conferences as they plan on hosting two conferences in the U.S. next year and one in Canada.
About Thirty-One Gifts
Thirty-One Gifts was founded over 10 years ago with a simple goal of helping women by giving them an opportunity to own
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Talk Fusion Unveils Lifestyles Magazine
by Nicole Dunkley • • 0 Comments
Talk Fusion’s corporate culture has always promoted “Living the Dream Lifestyle.”
To that end, Talk Fusion has crafted Lifestyles Magazine, a lavish publication for their Associates in over 140 countries to learn how others have achieved the financial freedom to achieve their dreams and put that vision to work achieving their own.
This stylish, full-color magazine was designed as a perfect way to step into the mindset of success, of giving back to others and realizing one’s dreams through Talk Fusion’s Instant Pay Compensation Plan and connecting the world with their life-sharing, cutting-edge video technology.
Lifestyles Magazine features Success Stories from top Talk Fusion Leaders who reveal how they found the financial freedom they had long searched for; an insightful behind-the-scenes look into the thought process of Founder & CEO Bob Reina; plus an in-depth interview with Dr. Jonathan Chen, Director of Information Technology, who shines a light on how Talk Fusion has leveraged the power of WebRTC to create an innovative video solution that puts Talk Fusion far ahead of the competition.
That technology advantage, combined with the extreme and growing popularity of online video, truly makes now the best time to join Talk Fusion.
Talk Fusion has also partnered with Ferrari,
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Zija International Reveals Two New Product Divisions
by Nicole Dunkley • • 0 Comments
Zija International recently revealed the names of two new product divisions that will officially be launched this September at the company’s Zija Summit 2014 International Convention in Salt Lake City, Utah.
The announcement was made live during the monthly “Zija Nation Call,” the biggest call in the company’s history. Rod Larsen, Zija President and CEO, said the following: “This announcement is years in the making and is going to take our worldwide product offering and business opportunity to the next level.”
Zija International began by making history with a cutting-edge line of high-quality, Moringa-based nutritional products. Moringa oleifera, nicknamed nature’s “miracle tree,” is packed with 90+ vitamins, minerals, vital proteins, antioxidants, omega oils, and other benefits.
Zija Core Nutritionals includes our existing products—SmartMix, SuperMix, XM+ Energy Mix, XM3 Energy Drink, PR1ME90, Daily Tea, Premium Tea, XMam, XMpm, XMburn, and the GenM skin care line. This division was designed to give individuals the nutritional base needed to keep their body healthy and happy.
The two new product divisions revealed include:
AMÉO Essential Oils
Zija is constantly searching for the greatest that nature has to offer and recognizes the significance of living a healthy and active lifestyle as well as using natural products to eradicate everyday problems.
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Synergy Reports Q2 Results: Up 28.5% to $32.5M
by Tina Williams • • 0 Comments
Synergy WorldWide has announced the steady growth and success reported in the second quarter of 2014. Several highlights from the company’s official Q2 statement are listed below:
Company net sales revenue increased 28.5 percent to $32.5 million, compared to $25.3 million in the second quarter of 2013. This marks the fourth consecutive record-setting sales quarter for the company.
According to Synergy WorldWide, the success has been greatly driven by increased sales in South Korea and Japan. These markets are performing exceptionally well.
The increase in net sales revenue is primarily a result of re-engaged leadership, strong execution, and momentum stemming from both the Global Summit and the launch of Synergy’s SLMsmart weight-management system in Asia Pacific.
A key component of growth in South Korea was the continued adoption of the SLMsmart weight management program. As a result, Synergy’s weight management product category has grown from $0.7 million to $2.2 million, or from 2.7 percent to 6.8 percent of net sales.
Contribution margin increased 36.1 percent to $11.8 million, compared to $8.7 million in the second quarter of 2013, primarily as a result of increased net sales revenue.
Synergy WorldWide then extended their thanks to their corporate team, field leaders, and customers.Synergy WorldWide continued to benefit from their partnership with Sunshine products.
As
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Isagenix Hits 8th Year On Inc 5000 Fastest Growing Company List At 83% Growth
by Tina Williams • • 0 Comments
Isagenix has earned a spot on Inc. magazine’s Top 5000 list as one of the fastest-growing companies in America—propelling its three-year growth by 83 percent and moving up in rank to 3,764—for the eighth year in a row.
For the past 33 years, the publication’s Top 5000 list has given readers a deeper understanding of America’s rapidly growing entrepreneurial landscape.
What’s more, Isagenix was recognized as a Five-Time Inc. 5000 Honoree for being on the list for five consecutive years or more.
As an honoree, Isagenix joins entrepreneurial trend setters like Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar and Pandora. Additionally, new powerhouses like GoPro, Tough Mudder and Lending Club made this year’s list.
“It’s an absolute privilege to be recognized with such a distinguished award,” says Jim Coover, Isagenix Co-Founder and President. “We owe this all to our more than 400,000 Associates worldwide. Without them, we would not be able to fulfill our vision of impacting world health.”
Established in 2002, the Chandler-based health and wellness company has exceeded $2.5 billion in cumulative sales thanks to their independent sales Associates located throughout the United States, Canada, Puerto Rico, Hong Kong, Taiwan, Australia, New Zealand, Mexico, Singapore, Malaysia and Colombia. As a result, Isagenix
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Trévo Life And Health Coach Earns Personalized Diamond Ring
by Nicole Dunkley • • 0 Comments
In only three and a half years Trévo has gone global in over 11 countries. This past June, Segun Sosanya advanced to White Diamond ranking – the first level of the fourth and final tier in the Trévo recognition pool. Cash bonuses, vacations and owning a luxury car are only a few perks of moving up in rank at Trévo, a nutritional supplement company.
Segun is celebrated for his accomplishments and outstanding passion to excel, for that he has received a personalized, custom-made Trévo diamond ring through the recognition program by CEO Mark Stevens. The two tone white and yellow gold men’s and women’s rings are custom designed and manufactured in the United States which feature pavé diamonds surrounding a hand cut onyx stone from Europe with a beautiful Trévo leaf accent. Segun has also received a Global Pool Bonus of $45,000 USD for the month of June, on top of his total income.
Segun has been a Life and Health Coach since February 2012 and said that people have become incredibly inspired when they hear his life story of coming from nothing to being ranked at the top of the business globally.
“The most rewarding part of attaining the White Diamond ranking