Yesterday saw a hearing for TelexFree Trustee Stephen Darr’s request for permission to subpoena several companies associated with TelexFree. Darr had also requested permission to conduct depositions with individuals from said companies, with the court granting him permission to proceed.
Five such motions were filed by Darr, with three of them granted as proposed. Alvares and Marsal (financial consultants to TelexFree) objected only to having to share emails between the firm and its legal counsel.
Darr agreed to this on condition that he reserves the right to request the emails, if needed, at a later date. A & M consented on condition they retain the right to appeal any such requests.
At the time of publication, no order has been made public regarding Darr’s request to subpoena TelexFree’s law firm Greenberg Traurig, however news reports suggest permission was granted on all five subpoena requests.
Speaking to the Worcester Telegram about why he had to file the requests, Darr remarked
There are no employees left. There’s no insurance. There never was insurance.
I have no money to start up the business. I just don’t know if there ever was a business. I’m hampered by a lack of records.
Following a raid on TelexFree’s headquarters, HSI and FBI agents seized a host of TelexFree’s onsite
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Talk Fusion Returns From Successful Summer 2014 Dream Getaway
by Ted Nuyten • • 0 Comments
Florida-based Video Communication and relationship marketing company Talk Fusion reports that its summer Dream Getaway, held from June 12-16 in Maui, Hawaii was a massive success.
By taking advantage of the company’s World’s First Instant Pay Compensation Plan, independent Associates earned commissions for sharing Talk Fusion’s video communication products with others.
Those that achieved certain rank qualifications during the specified period were awarded with a 5-day, 4-night stay at the beautiful Grand Wailea Resort in Maui.
In celebration of the February 2014 release of Talk Fusion CONNECT, Talk Fusion launched its “Diamonds in Paradise” promotion, which made it even easier for Associates to qualify for the Dream Getaway. The response was incredible as countless Associates from around the world successfully dedicated themselves to achieving the rank of Diamond and qualifying.
Flown in by Talk Fusion from countries including the U.S., Indonesia, Russia, Japan and others, these Associates basked in the luxury of the prestigious Grand Wailea Resort as they gathered for what many have called the company’s best Dream Getaway yet.
“All I can say is ‘wow’,” Presidential Blue Diamond Associate Minh Ho said. “Talk Fusion pulled out all the stops. We’re talking gourmet cuisine, luxury accommodations, breathtaking beach views and we get to
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Avon To Cut About 600 Jobs
by Tina Williams • • 0 Comments
Cosmetics maker Avon Products Inc said it would cut about 600 jobs, including in its North America unit, as the company struggles to return to profit.
The direct seller of cosmetics, which has posted losses in five of the past six quarters, had about 36,700 employees, including 4,300 in the United States, at the end of December, according to its latest annual filing.
Avon will take a pretax charge of $45 million-$50 million, of which $40 million is expected to be recorded in the current quarter ending June, the company said in a statement on Monday.
The job cuts and other restructuring efforts are expected to result in annual savings of about $50 million to $55 million, Avon said.
The company is struggling to turn around its fortunes after a host of problems in key markets such as Russia, Latin America and the United States hurt profits.
Avon’s net loss widened to $168.4 million, or 38 cents per share, in the first quarter ended March 31 from $13.7 million, or 3 cents per share, a year earlier.
Sales in North America fell 22 percent in the quarter as its products faced competition from inexpensive beauty items at drugstores or from chains such as Sephora.
The company also
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MonaVie Distributor, Danielle Marie Green, Charged With Murder
by Tina Williams • • 0 Comments
Danielle Marie Green, a MonaVie distributor, who has stated on her website that the business gave her a chance to stay home to fulfill her passion of being with her horses, has recently been charged with shooting her ex-husband 10 times and then stuffing his body in a padlocked box.
During a fight in their bedroom, Green shot him five times, reloaded the gun and fired five more shots, cops said.
The next day, May 27, Green called her truck driving ex’s boss to say he’d been killed in a freak accident involving her German shepherd, cops told the newspaper.
The trailer where she lived reeked of bleach on the day police arrived at the property, cops said.
A search of her cell phone suggested Green may have planned the brutal killing, they said.
In the weeks before, she’d Googled whether shooting someone in the head with a .38 caliber would be “lights out or possibly survive” and the phrase “38 gunshot going straight thru person’s head,” the newspaper reported.
Green was charged with murder Tuesday and was being held without bond at the Switzerland County Jail.
Her blog says:
The horses have taught me so many lessons about life, leadership and running a business. Through my blog I hope
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Three ViSalus Latino Promoters Hit Ambassador
by Ted Nuyten • • 0 Comments
Ambassadors Blanca Flores and Teddy Roque were recently recognized at the Los Angeles and Orlando RSTs (Regional Success Training) for becoming $100,000* lifetime earners.
Joining them in the elite ranks of top Promoters is brand-new Ambassador Shantelle Lucero Rojo.
These three Latino Promoters have been making ViSalus (Vi) headlines within the past year:
Ambassador Blanca Flores became the 2014 Vi Model and made the cover of The Challenge Magazine.
Ambassador Teddy Roque pawned his grandfather’s ring to enroll with an Executive Promoter System.
Shantelle Lucero Rojo became a 2014 USA Western Regional Champion in the Vi Model category.
These Vi Latinos are back in the spotlight for achieving new levels of success as Promoters—building even more momentum for their market.
We asked them what these new milestones mean to them, and about their next big goal with ViSalus.
NEW $100K Lifetime Earner: Ambassador Blanca Flores
“Being recognized at RST for becoming a $100K lifetime earner was unreal! I can’t believe that we (my husband Armando Flores and I) did it simply through getting fit and healthy, and sharing it with everyone!
We have honestly never looked at our commissions, so when they called our names on stage, we were in complete shock. We knew one day we’d
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Herbalife Partners With Competitor Group, Inc.
by Tina Williams • • 0 Comments
Herbalife HLF , a leading global nutrition company, today announced that it is partnering with Competitor Group, Inc. (CGI) to sponsor the Events DC Nation’s Triathlon, one of the premier olympic distance triathlons in the United States. The sponsorship reflects the Herbalife commitment to help people around the world lead a healthy, active life.
Herbalife will be the title sponsor of the “Herbalife Congressional Challenge” and the “Herbalife Recovery Zone.” The Herbalife Recovery Zone will feature a selection of Herbalife24™ sports nutrition products, which are designed to help athletes train, compete, recover and perform at the highest level, including Herbalife24™ Rebuild Endurance recovery shake and H3O® Fitness Drink. Herbalife will also provide athletes with nutrition tips and best practices for pre-, during, and post-event to assist participants in training for this and future events.
“Herbalife is very excited to be partnering with CGI on such a landmark event,” said Rob Levy, executive vice president, worldwide sales and marketing, Herbalife. “The endurance athlete community is one we have a longstanding respect for and relationship with, both through the events we are involved with around the world and the successful athletes who benefit from Herbalife® sports nutrition products. We look forward to welcoming all participants
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Thirty-One Gifts Founder Replacing President
by Tina Williams • • 0 Comments
Thirty-One Gifts’ Andy Neri will retire as president at the end of the month, and company founder and CEO Cindy Monroe will assume the role, the company announced yesterday.
Neri, 55, joined the Columbus-based direct seller of personalized gifts in 2010 as vice president of product, rising to chief operating officer and then to president in June 2012.
Before Neri was president, Monroe was president and CEO.
Thirty-One recently was named the fastest-growing woman-owned company in the world and the 17th largest direct-selling organization in the world by the Women Presidents’ Organization. Thirty-One Gifts’ revenue grew from $38 million in 2009 to $760 million in 2013.
Thirty-One Gifts, launched by CEO Cindy Monroe out of her basement in 2003, has quickly become a multimillion-dollar organization having over 86,000 consultants in the USA. The company is based out of Hixson, Tennessee and is is a member of the Direct Selling Association.
With a strong vision to celebrate, encourage, and reward hardworking women to success both in and outside the home; Cindy based her company’s name, Thirty-One, on the Biblical verses in Proverbs 31 that praise a virtuous and wise woman.
Thirty-One offers many customizable products focused on making life easier. Whether it’s style, organization, the perfect gift item, or a little bit
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WorldVentures Broadens Travel Experiences to Australia
by Ted Nuyten • • 0 Comments
WorldVentures™, the leading international direct seller of vacation club memberships, announced its simultaneous expansion into Australia and Serbia today. Launching in Australia is WorldVentures’ first foothold in the Pacific Region, while Serbia is the company’s 16th prominent European market.
Travel enthusiasts and entrepreneurs in 28 global markets, now including Australia and Serbia, can enjoy WorldVentures’ award-winning DreamTrips Memberships or exceptional business opportunity.
“We’re excited to add Australia, one of the world’s largest economies, and Serbia, an emerging economy, to our growing list of global markets,” WorldVentures Co-Founder and Chief Visionary Officer Wayne Nugent said. “We invite locals in these two countries to enjoy our unforgettable travel experiences like our many DreamTrips members do, or improve their work-life balance in a fun way as Independent Representatives.”
WorldVentures’ business model merges the advantages of online marketing, with the flexibility of direct-selling. DreamTrips, the company’s award-winning travel club membership, enables customers to participate in high-quality, unique, unforgettable experiences that deliver fun, freedom and fulfillment through travel and entertainment.
The company’s business opportunity offers its entrepreneurs everything they need to market and sell DreamTrips Memberships through friend-to-friend referrals. WorldVentures’ Independent Representatives can work full or part-time—from home or anywhere in the world.
WorldVentures has expanded to five
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Simplicity In Network Marketing Is An Art
by Ted Nuyten • • 0 Comments
Eric Worre has been a leader in the Network Marketing Profession for over 25 years.
Although he’s now retired from being a distributor and focused exclusively on Network Marketing Pro, his career has given him a broad range of experience.
He’s been a top field producer, building sales organizations totaling over 500,000 distributors in over 60 countries; the President of a $200 million dollar Network Marketing company; a co-founder and president of his own company, TPN- The Peoples Network; and a high level marketing consultant to the Network Marketing Profession.
Eric has become an accomplished trainer and has conducted hundreds of live events around the world, teaching people how to become Network Marketing Professionals. He has shared the stage with virtually every major speaker in the Personal Development and Network Marketing space.
Eric published this great video: Simplicity in network marketing is an art: Enjoy
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Amway Urges India To Release Bill Pinckney
by Tina Williams • • 0 Comments
Amway India’s CEO Bill Pinckney was arrested on May 26 at Amway’s headquarters in Gurgaon. At the time of this writing, he remains in police custody. This continued detention and harassment must end. Amway is a reputable company with 55 years of operating legally and ethically in more than 100 countries and territories worldwide.
And while the newly elected Union government in New Delhi played no role in this police action, we ask their help with the immediate release of Bill so he can be quickly and safely return to his family. To continue with this investigative retention when we have fully cooperated with all investigations and requests from authorities in India – including Andhra Pradesh – is unnecessary and unreasonable.
Whenever our business model has been questioned, we have shown up to provide answers. We have made every effort to be entirely transparent and forthcoming with authorities. If there is a problem, we want to fix it so we can continue to do business in India.
The underlying issue at hand is the lack of clear direct selling regulations that distinguish legitimate businesses like Amway from dishonest ones.
Additionally, provisions of the Prize Chits and Money Circulation Schemes (Banning) Act seem to be