Amanda And Paul Latreille from Canada achieved Mannatech’s elite Million Dollar Club* – a Triple A classified opportunity by Business For Home.
The Million Dollar Club* recognizes over 200 members from all around the world who have achieved this illustrious milestone. This recognition not only celebrates monetary achievement^, but the many lives that have been transformed because of their hard work.
Amanda and Paul sat down to discuss their journey, their successes and the goals they are still chasing upon their achievement:
How does it feel to join the Million Dollar Club?
Reaching the Million Dollar milestone is very exciting and it is additional proof that hard work and persistence pay off.
What does this level of success mean to the two of you?
It’s really an honor to be included with a group of like-minded leaders who have also achieved this level of freedom. Having achieved this milestone allows us to share the Mannatech opportunity with others, with full confidence that network marketing works and is a credible business, because we’re living it! We’re the proof!
Has the new compensation plan helped to accelerate your journey to the Million Dollar Club?
The new compensation plan is easy to explain to others and it makes it easy for a new Associate
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Liqin Shen And Alicia Liu Achieve Mannatech’s Elite Million Dollar Club
by Ted Nuyten • • 0 Comments
Alicia Liu And Liqin Shen from Canada achieved Mannatech’s elite Million Dollar Club* – a Triple A classified opportunity by Business For Home.
The Million Dollar Club recognizes over 200 members from all around the world who have achieved this illustrious milestone. This recognition not only celebrates monetary achievement, but the many lives that have been transformed because of their hard work.
Liqin Shen and Alicia Liu discovered Mannatech after emigrating from China to Canada in 2009.
“We were looking for high-quality nutritional supplements for our family, and just at that moment, my upline Mr. Hanson Ma introduced Manantech to us,” said Liqin. “After watching a video about the experience of sharing Mannatech, plus Hanson had been met with us three times, we were so impressed that we began to learn more about the importance of the Glyconutrients used by Mannatech in the development of their supplements.
With my previous government work in China, my engineering background and my experience in running my own business, I immediately recognized the exceptional opportunity presented by Mannatech.”
“Mr. Hanson Ma, an outstanding professional and network marketer with a tremendous amount of wisdom, shared with my wife and me his own experience with 21 other multilevel marketing companies. After reviewing
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Julia Zhu And Tony Bao Achieve 2-Star Platinum Presidential Rank With Mannatech
by Ted Nuyten • • 0 Comments
Julia Zhu and Tony Bao recently achieved 2-Star Platinum Presidential rank at Mannatech.
They are Chairman’s Club members, which is an exclusive club made up of only top leaders within the company, as well as Million Dollar Club members, meaning Julia and Tony have earned more than $1 million in commissions since joining Mannatech.
This is what they had to say upon their success:
How does it feel to achieve 2-Star Platinum Presidential?
Julia & Tony: We feel very excited about it, absolutely, but at the same time it feels very normal to be where we are now, because our ultimate goal is to achieve the level of Crown Platinum Ambassadors.
It’s wonderful to be at the 2-Star Platinum Presidential level, and it is evidence of the wonderful team we have built. We are enjoying the new level and hope to advance again very soon.
What does this level of success mean to the two of you as a couple?
As a couple, we are really enjoying the freedom of time and the freedom from financial worries. We’re in a better place together than we even hoped for.
We are enjoying the best relationship we have ever had together. We are communicating with each other better than ever,
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Mannatech Receives Ethics Award From Canadian Direct Sellers Association
by Ted Nuyten • • 0 Comments
The Direct Sellers Association of Canada provided special recognition to Mannatech, Incorporated, for Mannatech’s on-going commitment in promoting the Direct Sellers Association’s Code of Ethics.
The award was presented at the 2018 Canada DSA Conference in St. John’s, Newfoundland, Canada.
“Compliance is sexy,”
said Mannatech President and CEO, Alfredo “Al” Bala.
“Compliance and ethics ensure long-term viability and success. We are very pleased that the DSA of Canada has seen our efforts to promote and ensure integrity and high ethics within our company and our industry.
People do business with people they trust, and this recognition is additional proof that people trust Mannatech and Mannatech Associates in Canada.”
The DSA Code of Ethics is an annual pledge that companies and independent sales contractors follow in product sales, consumer care, recruitment and sales force relations.
Consumers can trust that members of the DSA will clearly inform who they are and what they are selling and provide truthful information on pricing, quality, performance, quantity and the availability of their products or services.
“We very much appreciate the recognition,”
said Angela Manuel, VP Group Sales and GM of Mannatech Canada. “Our Associates work hard and follow the rules, and it is wonderful that the DSA recognizes our efforts and
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Mannatech Q1 Revenue Up 2% To $41.4 Million
by Ted Nuyten • • 0 Comments
Mannatech, Incorporated(NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its first quarter of 2018.
First Quarter Results
First quarter net sales for 2018 were $41.4 million, an increase of $0.8 million, or 2.0%, as compared to $40.6 million in the first quarter of 2017.
For the three-month period ended March 31, 2018, our net sales declined 2.5% on a constant dollar basis (see Non-GAAP Financial Measures, below) as compared to the same period in 2017, while favorable foreign exchange caused a $1.0 million increase in GAAP net sales as compared to the same period in 2017.
Loss from operations was $0.9 million for the first quarter 2018, as compared to a loss of $2.0 million in the same period in 2017. Net loss was $0.3 million, or $0.10 per diluted share, for the first quarter 2018, as compared to a net loss of $1.2 million, or $0.46 per diluted share, for the first quarter 2017. Loss from operations included approximately $1.1 million in non-recurring costs related to the corporate office move.
For the three months ended March 31, 2018, Mannatech’s operations outside of the Americas accounted for approximately 66.9% of Mannatech’s consolidated net
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Mannatech Introduces Most Powerful Ambrotose Formula Ever
by Ted Nuyten • • 0 Comments
Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company, has unveiled the most powerful Ambrotose® product ever, its new nutritional supplement, Ambrotose LIFETM powder, at its annual MannaFest convention.
Leveraging advancements in scientific and ingredient research, Mannatech has improved the Ambrotose formula by adding in new clinically-tested ingredients to boost its immune, cognitive, mood and gastrointestinal benefits*.
Additionally, Ambrotose LIFE has more Manapol® powder than in any other product and double the Manapol powder of its top-selling product, Advanced AmbrotoseTM.
Mannatech’s Manapol contains the highest concentration of acemannan found anywhere. Acemannan is a potent polysaccharide found in the inner gel of the aloe vera leaf. It is what gives aloe its ability to support cell-to-cell communication in the body.
“For more than 20 years, Ambrotose has been recognized as one of the most powerful nutritional supplements in the world. One that can boost your immune system, improve cognitive functions and support gastrointestinal health,*”
said Mannatech’s Chief Operating and Marketing Officer, Joel Bikman, from the stage at MannaFest 2018.
“We’ve sold more than $3 billion worth of Ambrotose during that time, but we’re just getting started. We believe Ambrotose LIFE will do more for your health than any other combination of products ever developed.”
“Our core
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Mannatech Packing 271,000 Meals For Malnourished Children
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Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company, will be preparing more than 250,000 meals for children in South Africa who are facing malnutrition.
The meal packing event will take place at Mannatech’s upcoming annual convention, MannaFest, in conjunction with its partnership with Mission 5 Million (M5M) and Kids Around the World’s OneMeal program.
In this volunteer effort, hundreds of Mannatech independent sales associates from around the world will work shoulder-to-shoulder to assemble over 271,000 protein-rich meals.
“By serving for an hour or two at this fun, hands-on service event with our Mannatech team, we’ll have a huge, positive impact on the lives of thousands of children in South Africa!” said Mannatech CEO Al Bala.
The meal assembly will include Mannatech’s PhytoBlendTM product, a plant-based powder that mixes easily into a variety of foods such as soups, rice and porridge. It contains over 20 vitamins and minerals to help promote and maintain good health and vitality.
“This is all possible through our partnership with Mannatech and their incredible associates and customers,” said M5M’s Executive Director, Sarah Bowen.
“For every $100 spent on Mannatech products, a one-month supply of PhytoBlend powder is donated to help nourish a child in need – but this meal assembly program at MannaFest
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Mannatech Holds Ribbon Cutting At New Global Headquarters
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Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company, announced the date and time for its ribbon-cutting celebration at its new corporate headquarters at 1410 Lakeside Parkway, Flower Mound, Texas at April 27, 2018 at 6:00pm Central time.
“We are very excited to be moving into this new building in Flower Mound,” said Al Bala, CEO of Mannatech, Incorporated.
“Our new, upgraded global headquarters will better meet our needs and will help propel our global growth.”
Among the invited attendees at the ribbon-cutting celebration are 70 of Mannatech’s top independent sales associates from around the world, Mannatech’s executive team and Flower Mound Mayor Tom Hayden.
The ribbon-cutting celebration will be the first official event of Mannatech’s annual global convention, MannaFest, which will run from April 27 to May 1, 2018, primarily at the Gaylord Texan Resort in Grapevine, Texas.
“MannaFest is always a big event, and this year, in addition to the biggest product launch in company history, it’s fitting that we’ll also launch our new global headquarters,”
said Bala.
“This new building is meant to honor our associates. We have an absolutely beautiful new Recognition Hall that will do just that, and we’re eager to share it with them. This is really something for
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Mannatech Reports 2017 Q4 Net Sales Up 8.9% to $46.4 Million
by Nicole Dunkley • • 0 Comments
Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its fourth quarter of 2017.
Fourth quarter net sales for 2017 were $46.4 million, an increase of $3.8 million, or 8.9%, as compared to $42.6 million in the fourth quarter of 2016. Income (loss) from operations increased to $1.1 million for the fourth quarter 2017, from ($0.2) million in the same period in 2016. Net (loss) was ($3.7) million, or ($1.37) per diluted share, for the fourth quarter 2017, as compared to ($1.1) million, or ($0.42) per diluted share, for the fourth quarter 2016.
On July 1, 2017, we revised our 2017 Associate Compensation Plan, which was designed to stimulate business growth and development for our active business building associates and to maximize the buying experience for our preferred customers. In doing so, the Company hopes to better utilize commission dollars to stimulate Company growth.
The 2017 Associate Compensation Plan provides revised income streams, new leadership levels and titles, and modified various volume requirements for our associates. In addition, the 2017 Associate Compensation Plan re-designated members as preferred customers and modified their pricing structure.
For the three months ended December 31, 2017, Mannatech’s
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Mannatech Celebrates Growth In Hong Kong Market and China E-Commerce
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Mannatech, Incorporated (NASDAQ: MTEX) a global health and wellness company committed to transforming lives to make a better world, is celebrating its strong growth in the Hong Kong market and China e-commerce with an incentive trip for its highest performers in Asia.
“We’re incredibly excited about this region,” said Mannatech CEO Al Bala.
“Momentum is accelerating in Hong Kong and our ecommerce efforts in China, and it’s time to reward our Associates who are really growing their businesses.”
Bala will be accompanying Mannatech’s highest-performing Associates on a multi-day incentive trip on Australia’s Gold Coast.
“Sales in Hong Kong and China are growing very quickly,”
said Tim Chang, General Manager, Greater China Region, who will join Bala for the event.
“Business is very strong, and our business leaders are doing a wonderful job communicating the desirability of our products and are attracting customers at a very rapid pace.”
The Gold Coast Incentive Trip begins March 11 and runs eight days. Nearly 200 Mannatech Associates & guests will be participating in the reward celebration.
The Star Gold Coast in Australia
About Mannatech
Mannatech, Incorporated, offers a profound wellness experience that makes a difference in the lives of people across the world. Through its innovative Glyconutrition products, Mannatech changes lives, providing an