ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today that November 2014 revenue exceeded November 2013 sales by more than 190%.
“Last year the company saw a decline in sales from October to November. We are pleased to report November 2014 revenues stayed consistent with last month, again exceeding $5.8 million. The company remains on track to report a new record in quarterly sales and expects to finish the year within the guidelines of the most recent guidance of $56-60 million.
We have had a tremendous year of growth and expect to see that growth continue during 2015. We expect to issue 2015 guidance shortly, but preliminary projections are indicating revenue growth for next year to exceed 50%. Along with the growth in number of new members and new logistical delivery solutions, as well as new products, we believe ForeverGreen will continue to have a positive impact all over the world,” said Jack Eldridge, CFO.
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips.
They also offer Azul and FrequenSea(TM),
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CVSL, Direct-Selling Acquisition Company, Requests To Raise $100 Million
by Tina Williams • • 0 Comments
CVSL Inc.[NYSE MKT: CVSL] said today that is has filed a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC) to allow the Company to raise up to $100 million in incremental capital on an as-needed basis for acquisitions and general working capital.
The registration statement also includes a sales agreement prospectus that would allow for the sale of up to $25 million in at-the-market (ATM) offerings.
The registration statement has been filed, but has not yet become effective. At the present time, the Company has no specific plans to issue securities under the registration statement. If and when the registration statement is declared effective by the SEC, the Company will be able to offer and sell, from time to time, up to $100 million of securities such as common stock, preferred stock, debt securities, warrants, units or any combination thereof.
Following the effectiveness of the shelf registration statement, the Company may periodically offer one or more of the registered securities in amounts, at prices, and on terms to be announced when, and if, the securities are offered. The terms of any securities offered under the registration statement, and the intended use of the net proceeds resulting therefrom, will
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Melaleuca Making Great Strides
by Tina Williams • • 0 Comments
Melaleuca Company founder Frank Vandersloot shared how he grew his company into a billion dollar enterprise.
Vandersloot spoke at the Greater Idaho Falls Chamber of Commerce CEO Speaker series.
Melaleuca is based in Idaho Falls and is the largest manufacturer of packaged goods in the Northwest, focusing products on wellness.
The company is currently putting the finishing touches on a new headquarters just south of Idaho Falls.
Vandersloot says he’s excited to get everyone back under the same roof together.
“We are totally moved in right now. It was a process that took two weeks but one thing that I am really excited about, it took no longer than two hours for every employee. So every employee that moved which was like 1,700 folks, the most they were down was two hours a piece,” says Melaleuca founder, Frank Vandersloot.
Frank Vandersloot was just selected for the Horatio Alger Award for entrepreneur’s and the award recognizes spirit of free enterprise.
Past winners include Astronaut Buzz Aldrin, President Ronald Regan and country music legend Johnny Cash.
Although these are positive accolades for Melaleuca. The company is still under scrutiny from the industry. Compensation plan changes are still kept discreet and Vandersloot continues to deny that Melaleuca is a multi-level-marketing company, although it
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LIMU Racks Up Over 100 Awards In Less Than A Year
by Tina Williams • • 0 Comments
LIMU shared the following on their blog:
With its most recent Stevie Awards, LIMU has now won a total of 105 awards for its Marketing and Branding initiatives in just the last 11 months.
We’ve garnered significant recognition with awards in business, marketing, creativity, packaging, event planning, videography, graphic design, mobile applications, website, digital media and social media.
Most recently, LIMU won 9 Stevie Awards in the 12th Annual American Business Awards competition, which recognizes global achievements and favorable contributions to business. LIMU received awards in a wide variety of categories, including:
• BLU FROG 2 (Best New Consumer Product)
• An Experience Like No Other (Video: Corporate Overview Category)
• 2014 LIMU International Convention (Event: Best Internal Recognition/Motivational Event)
• 2014 LIMU International Convention Opener (Video: Branded Entertainment Category)
• LIMU Corporate Website (Website Design)
• LIMU Mobile (Business Apps)
• LIMU BMW CLUB (Video: Branded Entertainment Category)
• #BLU2 Launch (Video: Product Sales Category)
• LIMU Facebook (Best Facebook Page)
“Powering our mission to help people “Be more” in all facets of life, LIMU is positively impacting the lives of hundreds of thousands worldwide, offering ultra-premium nutritional products and a highly effective new business model,” says Justo Nunez, Vice President of Marketing. “Our Marketing is designed to help LIMU Promoters create strong businesses, and it is
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Usborne Books & More Has 49% Increase In Sales In November, Shows Continued Growth
by Tina Williams • • 0 Comments
Educational Development Corporation today reports historic record net revenues for the month and quarter ended November 2014.
Randall White, CEO of Educational Development Corporation, announces record net revenues of $10.9 million for the quarter ended November 2014, the largest quarterly net revenues in the Company’s history, compared to the previous high of $10.2 million recorded for quarter ended November 2004. Net revenues for November, $4.4 million were also a record month for the Company compared with the previous monthly high of $4.1 million for November 2005.
EDC was led by the home business division, Usborne Books & More (UBAM), which recorded a 49% increase in the fiscal quarter ended November 2014. Usborne Books & More has now recorded 18 consecutive months of growth, with the past five months, July through November 2014, each posting monthly gains in excess of 40% over the same months in 2013.
The trade publishing division, EDC Publishing, recorded net revenues of just under $1 million for the month of November and is on track to exceed last fiscal year’s record sales level which is in direct contrast to the industry segment which is down 8%.
Improved shipping rates negotiated during the quarter will materially affect the earnings for
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MonaVie – MORE Project Artist Jhonatan Rolemberg Rises Out Of A Void
by Tina Williams • • 0 Comments
On May 10, 1993, was born into a kind of forsaken poverty.
In a city called São Gonçalo, outside of Rio de Janeiro, Brazil, Jhon grew up in an abandoned apartment without running water, energy, or a working toilet. That was the situation inside. Outside, in the bairro, prostitution, drug trafficking, and casualties surrounded him. Ever burned into Jhon’s mind was the time when he saw a person die right in front of him.
You can certainly see why others left this place behind. But, it was in this void that Jhon lived with his parents. Adding to the emptiness, Jhon had zero friends. His father was a bit of a handicap and a troublemaker, so the other kids steered clear of the Rolembergs—proof that ostracism can thrive anywhere.
“I’d always imagine myself getting out of that situation.”
As Jhon slunk into exclusion, two blessings emerged:
He was able to avoid the world of drugs and trafficking. He just never saw himself as being a part of that. “I’d always imagine myself getting out of that situation,” Jhon said.
His mind and dreams began to flourish as he started to draw.
As he continued to draw, the dreams became bigger and bigger.
“I dreamed of being an architect, and
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Isagenix Makes Shape Magazine’s Top 10 Cleanse Diets
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2014 was the year of the cleanse diet. Celebrities swear by them and more and more people have been getting in on the action, whether it’s to detox diet, brighten skin, lose weight, or get a fresh start. And nowhere is that more evident than in Yahoo’s Year in Review, where different health cleanses consistently topped the site’s most popular stories lists. Here, the year’s top 10 most popular cleanses:
1. A Colon Cleanse. Our colons have the important, albeit kind of icky, job of taking digested food from our stomachs, pulling the nutrients out, and excreting waste. While for most of us, our colons perform their duties just fine, every once in a while you might feel like giving a helping hand, er, enema. Colon cleanses come in many different types, methods, and prices, but the main idea is to use water, fiber, and/or supplements to flush all the gunk out of your intestines so you can start fresh. Considering a colonic? Read our expert’s take first.
2. A Liver Cleanse. Just like our colons, our livers play an important role in ridding our bodies of unwanted toxins. The three-pound organ sits just under your ribs and is responsible for cleaning your blood. Some people believe that eating
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Medifast To Close 34 Corporate Owned Centers By December 31st
by Tina Williams • • 0 Comments
Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven, weight-loss products and programs, announced today the plan by a subsidiary to close 34 corporate-owned Medifast Weight Control Centers by December 31, 2014.
Medifast also expects its subsidiary to sell the assets of 17 corporate-owned Medifast Weight Control Centers to existing business partners, which would then be transitioned to the franchise model.
“Exiting the corporate Center model is consistent with our long-term strategy and will allow us to focus on optimizing the performance of our franchise partners,” said Michael MacDonald, Chairman and Chief Executive Officer of Medifast. “We will continue to leverage our multi-channel distribution approach across franchised Medifast Weight Control Centers, Take Shape For Life, Medifast Direct, and Medifast Medical Providers.
By providing unique support offerings, we meet customers where they are in their weight-loss or weight-management journey and provide healthy living tools for long-term wellness.”
The Company will offer severance to impacted employees and the unique opportunity to become a Take Shape For Life Health Coach. Affected Center members will have several options to continue their programs with Medifast. Members can opt to transition to nearby franchised Medifast Weight Control Centers, get a free health coach
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Amway To Make India Exporting Hub
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Times of India reports:
Direct selling major Amway plans to make India an export hub for its operations in Middle East and South Asian countries, even as its business growth here has slowed down due to lack of clarity for applicable regulations.
The company also said there is an urgent need for detailed regulations to distinguish genuine direct sellers from sham players and to give a sense of legitimacy to the industry.
“We need more clarity in the regulations so that the growth level is up. Few years ago, it had a very strong double digit growth which has slowed down and there is a need for a better understanding of legitimate direct selling company,” Amway managing director & CEO William S Pinckney told PTI.
Amway, which is setting up Rs 600 crore unit at Nilakottai in Tamil Nadu is also looking for further expansion along with additional plant as the company is mulling to make India a hub for its Middle East and neighbouring countries as Sri Lanka, Bangladesh etc.
“We are looking outside Indian markets, like Sri Lanka, Bangladesh, UAE, Middle East. We think and believe that India can be an export hub to those market. That could cause us more quickly for look for more investments
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Regal Ware Moving Into Direct-Selling Mode
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A century-old cookware manufacturer based in Kewaskum said it will sign a deal next week to sell products through a firm in China that does direct marketing to consumers, like Amway Corp. or Mary Kay Cosmetics in the United States.
Regal Ware Inc. says its products will be sold through a network of 2 million sales consultants worldwide and 2,500 storefronts in China. The marketer, Joymain Science & Technology Inc., had about $1.5 billion in sales this year and expects $2 billion in 2015, according to Regal Ware.
Joymain’s products include household and health items. The company has a U.S. affiliate, JM Ocean Avenue, that sells nutritional supplements and personal care items.
Most of the company’s business is in China, where Regal Ware also has sales but now stands to gain a much bigger share of the cookware market.
Regal Ware manufactures its products in Kewaskum and West Bend. More than half of the company’s sales are outside of the U.S., said David Lenz, senior vice president of sales and marketing.
Regal Ware says it expects to begin shipping products to Joymain in mid-2015. It was introduced to the Chinese firm through an international business broker.
“We understand the direct-sales business, and Joymain was very attracted to