Tag Archive for MLM Facts

ViSalus’ international expansion initiative supplies solutions for the growing European demand for healthier living by continuing its commitment to open four new Vi markets by year-end 2014. Vi Ireland launched in June, the Netherlands, Sweden and Finland in October, and Spain opened for shipping November 14th, completing Vi’s global expansion ahead of schedule.

“We have made a global commitment to bring our healthy living efforts, which have already transformed more than 3 million lives in North America, to many European fronts,” said Ryan Blair, ViSalus Co-Founder and CEO. “Our goal is to Challenge these countries to create healthy living lifestyles for generations to come.”

ViSalus has fulfilled the next steps in its global initiative by opening October 1 in the Netherlands, Sweden and Finland, and offering Vi products to those consumer markets as of October 15. On Friday, November 14th, Spain also opened for shipping. The Netherlands, Sweden, Finland and Spain have surpassed a total of over 3,000 Vi Customers and Promoters since launch.
Blake Mallen, Vi Co-Founder and Chief Marketing & Sales Officer, and Nick Sarnicola, Vi Co-Founder and Global Ambassador, hosted Influencer Summits in each new market to connect with the international independent Promoter community and outline the short and long-term

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2 Year Anniversary Of $1 Billion Bet Against Herbalife: $97.4 Million Spent On Case

by Tina Williams • December 20, 2014 • 0 Comments

It’s been two years since Bill Ackman launched the billion-dollar short bet heard ’round the world.
On Dec. 20, 2012, the founder of Pershing Square Capital Management LP announced his bet against the nutritional supplement company Herbalife Ltd. in a three-hour-plus PowerPoint presentation that spanned 334 slides. He called the company a “pyramid scheme” and said it has caused “enormous harm” to “vulnerable communities around the world.”

As of Thursday’s close, Herbalife’s stock was down about 11% from where it closed on Dec. 18, 2012 (word that Mr. Ackman was betting against Herbalife leaked the day before the presentation, causing the stock to drop). That change masks two years of massive volatility in the stock, millions spent by Mr. Ackman spelling out his case and millions spent by Herbalife defending its business model.
In the meantime, some of the world’s best-known money managers have piled into the stock, taking the other side of Mr. Ackman’s bet. Feuds between Mr. Ackman and some of his nemeses have been thrown into the public spotlight and at least one feud has morphed into perhaps a friendship.
Here’s a look back at Mr. Ackman’s Herbalife bet by the numbers:
Mr. Ackman’s short position in Herbalife: $1 billion
What Mr. Ackman has spent making his case that the

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Amway’s Artistry Brand Leverages Digital Cosmetics

by Tina Williams • December 20, 2014 • 0 Comments

In a rapidly-changing world where new information and scientific data come to light faster than ever, beauty and skincare products continue to evolve.
Artistry™, one of the world’s top-five largest selling premium skin care brands*, continues to leverage these changes to imagine new technologies and discover new breakthroughs. Through active collaboration and partnerships with universities, scientists and industry leaders, Amway and the Artistry™ brand remain on the forefront of global trends and are achieving transformational advancements in beauty and skincare.
The future of forward beauty
“Research and advancements in dermatological treatment devices, DNA repair and stem cells are on the cusp of delivering breakthrough benefits to Artistry™ products,” said Dr. Paul Seehra, director of the Amway Asia Beauty Innovation Center. “And we continue to investigate emerging areas of new science, including studying and monitoring the benefits that microorganisms have on an individual’s skin and overall health.”
Located in Seoul, South Korea, the Asia Beauty Innovation Center (ABIC) supports collaboration with the pharmaceutical and healthcare industries. The ABIC’s presence in Asia is significant because the market accounts for a significant percentage of Artistry™ sales and Seoul is currently the center of pop culture for the region. In addition to advancing partnerships and research agreements,

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Medifast Board Of Directors Under Investigation

by Tina Williams • December 19, 2014 • 0 Comments

Kirby McInerney LLP is investigating potential claims against the Board of Directors of Medifast, Inc. (“Medifast” or the “Company”) (MED) concerning the improper compensation of the Company’s executives.
Medifast’s key executive compensation increased drastically from approximately $2.12 million in 2012 to approximately $12.11 million in 2013. This is an especially significant increase given the fact that key executive compensation was under $2 million for each year from 2009 to 2011. While the key executive compensation has increased dramatically, there has not been any significant increase in the Company’s stock price.
If you are a Medifast stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787
Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation.

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Bo Short, Industry Icon and Top-Ranked Leader, Joins Jeunesse

by Tina Williams • December 19, 2014 • 0 Comments

Jeunesse is honored to announce the addition of Bo Short to its global field leadership. As the company experiences continued exponential growth, Bo will use his decades of expertise in MLM to continue to stimulate significant growth around the world, while also designing a groundbreaking personal development initiative aimed at strengthening field leadership in the United States, while working closely with leading directors to further enhance Jeunesse culture.

“Very seldom in the network marketing industry does a company come along with this type of sustained growth, backed by category-creating products and a world-class compensation plan,” explains Bo. “ Jeunesse is such a company. It is a builder’s dream to mentor a team in that (type of) environment. I know the success that awaits distributors that come here and I am honored to be a part of that process.”

As a legendary figure in the network marketing industry, Bo has spent the past 25 years building successful MLM teams in 25 different countries. He most recently served as the President of Global Sales & Field Development for a large, publicly traded network-marketing company.
Ranked #31 in Business for Home’s “Top 250 Lifetime Earners,” Bo was later singled out as “1 of 52 of the Brightest Minds in

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FGXpress Accelerates Business In Japan

by Nicole Dunkley • December 19, 2014 • 0 Comments

ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced Ron Williams, CEO and founder of ForeverGreen, as well as several other senior executives traveled to Japan to meet with top leaders and prepare for the expansion of business in the region.
PowerStrips, an FGXpress product listed with the FDA as a Class 1 Medical Device for the temporary relief of minor pain, has greatly increased in popularity in Japan, prompting the company to accelerate business in the county. Using all natural ingredients, PowerStrips can be mailed anywhere in the world and are marketed in 174 countries by a growing network of ForeverGreen members, making the product attractive to business owners, entrepreneurs and consumers across Japan.
Japan captures approximately one ninth of worldwide direct selling sales. ForeverGreen expects Japan to be a top producing country in 2015. “Japan is considered one of the big three markets in our industry,” Mr. Williams said. “It takes more time and resources, but the upside potential is worth the investment.”
Mr. Williams as well as Jeff Graham, President of North America, and other management met with top leaders to discuss how to improve logistics and advance ForeverGreen’s presence in Japan. According to Tomoko

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4Life Names Peru General Manager

by Nicole Dunkley • December 19, 2014 • 0 Comments

Recently, Senior Vice President, International Jeff Kalinin named Manny Castillo as General Manager of Peru, which opened as 4Life’s 16th international office in 2009.
Castillo joined the marketing department of 4Life Research® in 2009 as an International Marketing Manager. In 2011, he took a role in the International department as a Market Coordinator for the countries of Ecuador, Colombia, Brazil, and Peru.
Jeff Kalinin: “Manny has excellent marketing experience, as well operational experience with new, emerging, and established markets. He’ll make a great corporate leader for this growing marketplace.”
Castillo is originally from Trujillo, Peru. He moved to the United States to pursue a college degree in business and graduated from Utah Valley University. Today, he and his wife Betty have two children. He will move his family to Lima, Peru, from Provo, Utah, in January 2015 to assume his new responsibilities.
October was 4Life’s best sales month in company history. Additionally, 2014 produced a record-breaking 17 new Gold International Diamonds around the world with Dr. Jase and Dr. Jinsun Khyeam of South Korea and Sheri Din of Singapore advancing to the company’s highest rank, Platinum International Diamond.
Manny Castillo: “I am honored and excited to accept the great responsibility of General Manager of Peru,”

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Avon $135 Million Fine For Bribing Chinese Officials

by Tina Williams • December 18, 2014 • 0 Comments

Avon Products Inc. (AVP)’s Chinese subsidiary bribed local officials with Gucci bags and foreign travel in order to sell products directly to the nation’s consumers, the U.S.A. said as the company ended a six-year federal investigation with a guilty plea and $135 million in fines.
Avon is also subject to a deferred prosecution agreement requiring it to adopt “rigorous” internal controls and avoid further violations for three years before the case will be dropped. The plea, which includes an outside monitor, was announced at a hearing today in Manhattan federal court.
The world’s largest door-to-door seller of cosmetics had said in May it would settle the probe. Its Chinese unit pleaded guilty to conspiring to violate U.S. anti-bribery law by falsifying records of a four-year scheme to pay off Chinese authorities, who ended a direct sales ban in 2006.

“For years in China it was ‘Avon calling,’ as Avon bestowed millions of dollars in gifts and other things on Chinese government officials,” said Manhattan U.S. Attorney Bharara today. “Avon China was in the door-to-door influence-peddling business and for years its corporate parent, rather than putting an end to the practice, conspired to cover it up.”

Avon China provided gifts and entertainment to Chinese officials, “and falsified these

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ViSalus Honored With Highly-Acclaimed W3 Award For Creative Excellence In Web Content

by Tina Williams • December 18, 2014 • 0 Comments

ViSalus’ Content Marketing department received an esteemed 2014 W3 Silver Award in Copywriting for its Vi Blog and its blog extension program, the Vi Today’s Share.
The W3 Awards honor creative excellence on the web, and recognize the professionals behind the creative and marketing teams of the award-winning sites, marketing programs, social content and mobile sites. In its ninth year, W3 is the major web competition where companies submit content to be sanctioned and judged by the Academy of Interactive and Visual Artists (AIVA), an invitation-only, membership-based organization of leading web professionals.
More than 4,000 entries worldwide were submitted — many from Fortune 500 companies and international agencies and firms. Entries were judged by the AIVA in four categories with criteria upholding a high standard of excellence.

“We are so proud of our outstanding, hard-working and innovative team of marketing professionals,” said Blake Mallen, ViSalus Co-Founder and Chief Sales & Marketing Officer. “From sharing exclusive interviews and company news, to industry tips and inspirational stories from within the Vi Community, our marketing team uses storytelling to show how we are transforming lives across the globe.”

Vi’s Content Marketing team is responsible for the Vi Blog, which has generated more than 1 million impressions this year.

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Avon Unit Gave Gucci Bags, N.Y. Trips As China Bribes, U.S. Says

by Tina Williams • December 18, 2014 • 0 Comments

Avon Products Inc. (AVP)’s Chinese subsidiary bribed local officials with Gucci bags and foreign travel in order to sell products directly to the nation’s consumers, the U.S. said as the company ended a six-year federal investigation with a guilty plea and $135 million in fines.
Avon is also subject to a deferred prosecution agreement requiring it to adopt “rigorous” internal controls and avoid further violations for three years before the case will be dropped. The plea, which includes an outside monitor, was announced at a hearing today in Manhattan federal court.
The world’s largest door-to-door seller of cosmetics had said in May it would settle the probe. Its Chinese unit pleaded guilty to conspiring to violate U.S. anti-bribery law by falsifying records of a four-year scheme to pay off Chinese authorities, who ended a direct sales ban in 2006.

Photographer: Andrew Harrer/Bloomberg

Avon China provided gifts and entertainment to Chinese officials, “and

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