Tag Archive for Info

Medifast CEO Named EY Entrepreneur Of The Year Finalist

 
Medifast, Inc.  a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, today announced that Michael MacDonald, Chairman and Chief Executive Officer, was named a finalist for the EY Entrepreneur Of The Year® 2015 Award in the Maryland Region.
The 29th annual awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.  A panel of independent judges selected the 24 Maryland finalists. 

“Without our passionate executive team and dedicated employees who truly embody the Company’s entrepreneurial spirit, this honor would not be possible,” said Michael MacDonald, Medifast Chairman and Chief Executive Officer. “This award is a reflection of the hard work and dedication of many who remain focused on helping our customers live healthier.”

At

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Amway Appoints New CFO, Recruited From Apple

 
Ada-based direct selling giant Amway Corp. announced today that it hired Mark Stevens as its new chief financial officer, according to a statement.
Before his appointment, Stevens was responsible for a $153 billion portfolio as the vice president of worldwide sales finance for Apple Inc. (Nasdaq: AAPL). Prior to working at Apple, Stevens spent 21 years of his career in Asia working for large technology companies such as Motorola Solutions Inc. and Dell Inc.
Stevens replaces Mike Cazer, Amway’s previous CFO who was appointed the role of COO in 2014.
About Amway
Amway is an American company using a multi-level marketing model to sell a variety of products, primarily in the health, beauty, and home care markets. Amway was founded in 1959 by Jay Van Andel and Richard DeVos.

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Avon Having Trouble Getting Rid Of North American Business, Sales Plummet

 
Avon shares slid by more than 7% on Tuesday to around $7.53 a share.
Last month, the stock surged by more than 15% after the Wall Street Journal reported that it is exploring “strategic alternatives” for its North American business, meaning the company is looking for ways to improve its competitiveness.
The initial report from WSJ said the company is looking to sell some or all of this unit. But according to a New York Post story published late Tuesday, this process isn’t going very well.
The Post reported that companies interested in buying out Avon are losing interest because they are struggling to finance an offer.

The Post quotes one hedge fund investor as saying: “All in all, I don’t see a deal happening unless Avon basically gives away its North America business for essentially nothing.”

Avon also reported weak first-quarter results last

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CVSL Company Longaberger CEO Resigns

 
Tami Longaberger, who led The Longaberger Co., a direct seller of home and lifestyle products, since her father died in 1999, has resigned as chief executive officer and director of the company.
Longaberger parent company CVSL announced that John Rochon Jr., vice chairman of CVSL and son of the CVSL chairman, will take over as Longaberger chairman, president and CEO.
The company Dave Longaberger founded in 1973 became a $1 billion business in 2000, when it employed more than 8,200 people.
Tami Longaberger became president of the company in 1994, while her father remained as chairman. She took more of a leadership role as her father battled kidney cancer in his final years.
The Newark-based company has struggled for more than a decade, with sales plummeting to roughly $100 million annually and employment dwindling to 230

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Herbalife Reports Quarterly Revenue At $1.11 Billion – Beating Wall Streets Expectations

 
Nathan Vardi at Forbes reports: 
Herbalife , the controversial nutritional supplements seller, delivered a blow to its adversaries on Tuesday by reporting first-quarter earnings that suggested its business model was not as broken as some had predicted.
Herbalife reported that in the first three months of 2015 it earned $1.29 per share on an adjusted basis, beating consensus estimates on Wall Street that had called for the company to earn $1.01 per share, the bottom of the company’s first quarter earnings guidance of $1.00 to $1.10 per share.
In addition to the earnings beat, the company raised its earnings per share guidance for 2015 to a range of $4.30 to $4.60 per share. The previous range Herbalife had given investors was $4.10 to $4.50 per share. Herbalife posted revenue of $1.11 billion in the first quarter of 2015,

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Juha Parhiala – OneCoin Hits $625,000 Per Month

 
Juha Parhiala has hit the $625,000 per month mark with his OneCoin distributorship. He is from Finland and resides in Thailand since many years. His worldwide organisation has $25 million volume per week.
Remarkable, as digital currency MLM OneCoin has started in September 2014, the company is headquartered in Europe with worldwide operations.
Asia is Onecoin’s stronghold, however the company is expanding quickly in Europe thanks to the merger with Conligus in April 2015, who had a massive base there.
Juha has build 6 positions and max out 4 of them. In Onecoin he is a Black Diamond with in his downline:

2,000 Saphires
400 Ruby
80 Emeralds
30 Diamonds
10 Blue diamonds
4 Black diamonds.

About OnceCoin
One is headquartered in Europe with worldwide operations. We focus on core markets such as South East Asian countries, Europe, India and Africa. The company

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Rolf Kipp – Forever Living Products Top Earner Hits $780,000 Per Month

 
ForEver Living Products German top earner Rolf Kipp has hit the $780,000 per month mark, making him currently the nr. 4 Top Earner in the world according to the Business For Home ranks. He joined FLP in june 1995.
Rolf stated:
Thanks to my parents, I found out about FOREVER. My mom had a kidney disease, which caused her skin to be paper-thin. My father, who unfortunately died 2 years ago, was diagnosed with prostate cancer. All of our friends were trying to help by suggesting different kinds of medications, different types of foods.
At that time (10 years ago), I read an interview with Mr. Rex Maughan, founder of FOREVER and really wanted to found out about their products. I sent fax to United States headquarters and literally next day received a reply

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Reliv 2015 Q1 Net Sales Up 7.4% To $14.8 Million

 
Reliv International, Inc. (NASDAQ: RELV), a maker of nutritional supplements that promote optimal health, reported its financial results for the first quarter of 2015.
Reliv reported net sales of $14.8 million for the first quarter of 2015, compared to net sales of $14.5 million for the first quarter of 2014. U.S. net sales increased 7.4 percent for the quarter compared to the same quarter in 2014. International net sales for the quarter decreased 11.1 percent, with a stronger U.S. dollar accounting for 8.0 percent of the decline.
The Company reported net income of $116,000, or $0.01 per diluted share, for the first quarter of 2015 compared to a net loss of $151,000, or ($0.01) per diluted share, for the first quarter of 2014. Income from operations for the first quarter of 2015 was $429,000 compared

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Mark Hicks & Talitha Coleman – Ambit Energy – Building Rock Solid

 
Mark Hicks and Talitha Coleman reside in Irving, Texas, USA and are important leaders within Top Earner Steve Thompson’s team, his est. earnings are $370,000 per month.
An interview with Steve Thompson can be found here. Mark and Talitha are a great example of rock solid leaders, this is how they build their business:
“Throughout our journey with Ambit Energy we have remained persistent and consistent toward achieving our goals.
Because of our will to succeed and the help of our team, we are now quickly approaching the 3rd highest Leadership Level of Executive Consultant.
We have been able to pay off several credit cards, reduce our overall debt and are now getting closer to obtaining our ultimate goal of Financial Freedom, having our time back and creating the lifestyle we always imagined.
Our

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Indian Direct Selling Contributes USD 157 Million To Govt In Taxes

 
There is a need to facilitate clear understanding of the concept of direct selling to give its due place, according to Bejon Kumar Mishra, Consumer Policy Expert and Founder of Consumer Online Foundation, New Delhi.
Speaking at a seminar on direct selling on impact on the livelihood of micro entrepreneurs organised by the The Federation of Indian Chambers of Commerce and Industry (FICCI) in the southern Indian city of Hyderabd on Monday, Mishra said direct selling should be understood in the way its should be.
Referring to consumer protection, he said despite many laws, the consumer is left with no protection in reality and there was lot of confusion on nature of laws.
Rajat Banerji, Chairman, FICCI Direct Selling Committee said direct selling was the oldest form of sale in the world. “It was not actually

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