Tag Archive for MLM Top Earners

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Wake Up Now Looking For A New Investor ?

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Wake Up Now leaders would be not pleased with this article, however many former insiders and field leaders are informing Business For Home, and after validating their information, the company seems to be not stable at all.
According to a Wake Up Now Corporate statement:
“We are still recovering from damage done by gamers and scammers. Prepaid cards and chargebacks along with the need to support international growth led us to international merchant processing which is higher fees, delayed processing, and a multi-million dollar rolling reserve”.
It seems Wake Up Now’s deficit is around $15 million and according to macroaxis.com the company has a 96% chance of Bankruptcy within 2 year which states the following:

“Based on latest financial disclosure Wake Up Now Inc has Probability Of Bankruptcy of 96%.
This is much higher than that of the sector, and significantly higher than that of Probability Of Bankruptcy industry, The Probability Of Bankruptcy for all stocks is over 1000% lower than the firm”.

As of today, Wake Up Now stock has been around  $1.02, more than ten times less than when it was at $10.70 less than a year ago.
The Wake Up Now market capitalization went down in a year from approx. $200 million to

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Mega Holding Achieves 400% Growth In Sales, Convention Has 15,000 Attendees

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Mega Holdings announced their 2014 achievments of 400% growth in sales with major improvements of their product as well as 7 new Mega Stars. Mega Holdings is an international Direct Selling company providing online web hosting services.
Mega Holdings held 4 conventions last month with a total of 15,000 attendants. Three of those conventions were held in Turkey and one in Germany.
Diyarbekir, Turkey was the host city for the first convention with 4,000 representatives attending. The second convention was held in Istanbul with 7,000 represenatives and the Adana convention with 3,000. 
During these conventions Wiesbaden, Germany also hosted 1,000 representatives from the Mega Holdings World team in Germany.
Dr. Hedi Khezrzadeh, international ambassador and the first Member of Million dollar club, addressed the corporate message to costumers and their visions for 2015. Mesut Opengin and Enes Olgun the top million dollar club members and Mega Stars of the company shared their vision and their plans of 2015 as well. 
Mahmut Inan, Fatih Yazizci, Selim Doruk, Hasan Acer, Selman Olgun Mahmut Yaman and Hamit Dogan the Mega Stars of Mega Holdings toured all the conventions in Turkey.
The convention in Germany was held by Mega Holdings world team. Kerim Kakmaci, with one of the largest organizations, addressed the visions of the team for Europe in 2015.
Mega Holdings Convention

About Mega Holdings
Mega Holdings 

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Drink Wine, Make Money? The Latest House Party Trend

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According to an article in the BBC Blog, the latest trend in Home parties is Wine selling, and a number of direct selling companies are jumping in.
Count me in as a customer
The BBC reports:
Out of the way Avon and Pampered Chef. Wine is the newest excuse to throw a party, sell things to your friends and neighbours — and make a little money. 
“I tried selling cosmetics and nutritional products, but couldn’t make a go of it,” said Diane Nozik, a 35-year-old mother of two married to an active-duty sailor in the US Navy. Then Nozik had a flash of inspiration after her husband took her to a number of wine tastings “and I really enjoyed them.”
Since she had wanted to make a little extra money, without the hassle of storing boxes of goods, Nozik had found the perfect solution.
“What I wanted at the beginning was just a product. I didn’t want to have to have an inventory. I didn’t want to have to deliver it. I didn’t want to have to deal with bounced checks,” said Nozik, who now earns more than six figures from her work for WineShop at Home. “I just wanted something that people would like.

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Preiscoin Names Alberto Conconi As Country Manager For Italy

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Swiss based Preiscoin announced today the appointment of Alberto Conconi as their new country manager for Italy.
Alberto Conconi, 32 years old, was born and raised in Como near Milan. He studied Conservation of Cultural Assets at Università degli Studi in Milan and Agronomy at Università Marconi in Rome.
He became a salesman at his father’s garden shop at the age of 18 and soon was selling pesticides, fertilizers and herbicides to gardeners, golf courses and sports fields in Italy. Several years later he got involved in network marketing with a health and wellness company and direct selling soon became his new passion.
Over the years he has built downlines first in Herbalife and then in Organo Gold.
Jacek Dudzic, CEO Preiscoin stated:

“Alberto Conconi has extensive experience in sales and his list of the achievements includes also buidling a large MLM organisation in a very short time.
We are thrilled to bring his success to our team and look forward to expand our company in Italy fast”.

About Preiscoin
Preiscoin Group AG is based out of Switzerland that offers the Preiscoin (PRS), an alternative digital currency based on the Bitcoin protocol. Preiscoin offers 4% residual commissions on every sale down to 7 levels in

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Buying Facebook Votes Does Not Help To Win A Poll

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We consider it a compliment when people try to manipulate our polls by “buying” Facebook votes from scam artists, it shows how important those polls are for the field.
We have had a couple of attempts to bring in fake facebook votes, and those fake votes are removed.
We understand, it is very important for companies to end up high in a poll however we want the competition to be fair and will do every thing possible to keep it that way.
There are mercenaries who have created thousands of fake Facebook profiles. Often they are from Bangladesh, India or East Europe. They sell their “voting services”
However we know the Direct Selling industry and as we are logging the IP address and facebook link, both our security systems, as regular manual checks will reveal fake facebook votes.
In that case we will place the company, CEO or Rep temporarily out of competition, as we do not know if that company is buying to votes, or if it is an attempt from other people to comprise a company.
To give a small example what we log:

IP
Facebook account
Date

109.92.10.127 / 109-92-10-127.dynamic.isp.telekom.rs 
https://facebook.com/profile.php?id=(removed)
January 25, 2015 @ 4:40 am

 
Keep poll voting clean, scam artists can maybe bring in temporarily fake

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InfoTrax Deploys Compensation Engine and Distributor Tools for Vemma

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InfoTrax, the leading provider of software for the direct selling industry, announced today that it has implemented its newest generation of software for Vemma Nutrition Company.
Vemma, a premium liquid wellness company, has experienced its second consecutive year of exceeding $200M+ in revenue in 2014 after reaching 100M+ for the first time in 2012. Vemma was recently recognized for its success by Direct Selling News and The American Business Awards.
Vemma chose to implement InfoTrax’ compensation engine and distributor web tools to provide real-time business management and commissions calculations for their Affiliates.
“We continue to grow at a rapid rate, and we required a technology platform that can support our growth and make it easy for our Affiliates to expand their Vemma businesses,” said BK Boreyko, Vemma Founder and CEO.
“Calculating and paying commissions quickly and accurately is vital for our business, but equally important is providing timely and relevant information to our Affiliates. Our launch with InfoTrax was excellent, which is what we expected from InfoTrax with 30 years of MLM expertise. We welcome the confidence that InfoTrax gives us as our technology partner.”
The InfoTrax Compensation Engine integrates fully with Vemma’s existing CRM order entry systems and includes real-time reporting to Vemma’s

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Stream Proceeds With Mobile Launch In The Face Of Solavei’s Attempt To Halt Plans

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Stream has proceeded with this weekend’s nationwide launch of Mobile Services at its Unleashed event in Las Vegas, in the face of grossly misrepresented and baseless legal allegations by Solavei made public late Friday afternoon.
“We’re thrilled to celebrate the nationwide launch of Mobile Services by Stream with our enthusiastic and committed Associates at Unleashed in Las Vegas.
 We started in 2005 with a revolutionary concept, turning on the lights with our network of friends and family, and now our Mobile Services will bring even more people together in markets we haven’t been able to touch before,” said Mark “Bouncer” Schiro, Stream president and CEO.
Stream’s Mobile Services branch offers dependable cellular services within the continental United States. Available service packages provide reliable coverage, fast speeds and the latest technology—all without commitments or contracts. The program’s “Mobile Your Way” structure further allows consumers to take charge of their mobile usage and customize phone and data plans that fit their individual needs.
With the nationwide launch of Mobile Services and Stream’s existing suite of Protective Services, the company and its Associates now have no geographic restrictions within the continental U.S., creating endless opportunities for growth.
Schiro also dismissed the representations appearing in Solavei’s January 23rd press release concerning their judicial proceedings. “The reality is that, for whatever reasons, Solavei showed up

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MLM Investor TPG Capital Considered Buying Herbalife Last Year

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If you are a corporate executive and you are looking for a very large MLM investor it seems TPG Capital is some times investing in the Direct Selling market
TPG is a leading global private investment firm with $65 billion of capital under management.
TPG Capital (formerly Texas Pacific Group) is one of the largest private equity investment firms globally, focused on leveraged buyout, growth capital and leveraged recapitalization investments in distressed companies and turnaround situations.
TPG also manages investment funds specializing in growth capital, venture capital, public equity, and debt investments. The firm invests in a broad range of industries including consumer/retail, media and telecommunications, industrials, technology, travel/leisure and health care.
 
According to the New York Post:
Private equity giant TPG Capital seriously considered buying Herbalife last year — as part of an ongoing interest in the multi-level marketing industry, The Post has learned.
“They took a long look at Herbalife” one year ago, a source with direct knowledge of the situation said. TPG also considered buying Nu Skin, the source said. It is not known why TPG’s interest in Herbalife and Nu Skin ended without any investment.
Both companies have issues with regulators. Presently, TPG is reportedly looking at acquiring Avon — a

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Solavei Sues Stream Energy For Stealing Trade Secrets After Merger Talks

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A Dallas District Court judge today blocked Stream Energy from using proprietary technology and information to launch a new mobile phone service after social commerce leader Solavei sued Stream for stealing trade secrets gathered during extensive merger talks.
Seattle-based Solavei sought the injunction to halt Stream and its marketing arm, Ignite, from using trade secrets and other intellectual property in launching a mobile phone service sold through an online direct-marketing platform – exactly the type of social commerce business pioneered and continuously innovated upon by Solavei. Stream’s mobile business was set to launch on Saturday, Jan. 24, 2015, at an event in Las Vegas.
“Without benefit of Solavei’s confidential information and the guidance and explanation provided during due diligence, Defendants could not launch this new business – particularly not in a matter of months,” the lawsuit states.
Solavei provides high-quality, low-cost and contract-free mobile phone service in the United States. The company’s core business strategy combines social media, referral marketing and mobile service.
Stream is a Texas company involved in the direct marketing of retail electric service. Senior Stream executives named in the lawsuit are Chairman Rob Snyder, CEO Mark “Bouncer” Schiro and CFO Renee Hornbaker along with top Stream associates who were bound by specific confidentiality agreements. 
In

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Kannaway Acquired By Medical Marijuana

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Medical Marijuana, Inc. (OTC Pink:MJNA), a leading industrial hemp industry innovator, is proud to announce that it has signed a definitive agreement to acquire 100% membership interest of Kannaway, LLC. The amount of the sale is undisclosed.
The valuation of Kannaway is in the range of $119.6-242.7 million.
The agreement is expected to take at least 90 days to close and will effectively make the cannabis-based network marketing company a wholly owned subsidiary of the first-ever publicly traded cannabis company.
Kannaway’s valuation was performed by none other than esteemed financial advisory and investment banking firm, Houlihan Capital. The firm has performed valuations for similar category creators including: Urban Outfitters, Redbox, Micros Systems Inc., LeapFrog Enterprises, Tootsie Roll Enterprises, U.S. Airways Inc., and more. Houlihan Capital is a Financial Industry Regulatory Authority (FINRA) and SIPC member, committed to the highest levels of professional ethics and standards.
“Quality, ethics and accountability are hallmark principles that are the foundation for each Medical Marijuana, Inc. company,” states Michelle Sides, Chief Operating Officer of Medical Marijuana, Inc. “We are thrilled at the addition of Kannaway to Medical Marijuana, Inc.’s investment portfolio as the Company’s leadership operates under the same beliefs.
Kannaway offers Medical Marijuana, Inc. shareholders a

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