Tag Archive for Newsletter

Ackman Sends Warning To Herbalife’s New Compliance Chief

 
The NY Post reported earlier today:
Bill Ackman wants to give Herbalife’s new head of compliance, Pamela Jones Harbour, a few pointers.
The billionaire activist and Herbalife’s biggest critic on Thursday fired off a 19-page letter to Harbour — who has been on the job just a month — telling her that she has her work cut out for her.

“Based on our extensive investigation over the past three years, we believe Herbalife operates the largest and best-managed pyramid scheme in the world,” David Klafter, a lawyer for Ackman’s Pershing Square hedge fund, wrote in the letter first reported by Reuters.

Harbour is facing an “immense” challenge as the company’s business will likely collapse if she does her job and acts in the best interests of consumers, the letter warns.
“You may find yourself at the fulcrum of choosing between protecting consumers or protecting the company. Based on our research, we do not believe you can do both,” Klafter said.
Herbalife’s declining sales in the US over the past two quarters indicate that is already happening, Klafter suggested.
Since Herbalife stunned Wall Street on Monday with lower-than-expected earnings and dismal projections, the stock has fallen about 30 percent, closing at $39.99 on Thursday.
While Herbalife has suggested

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Leadership Interview With Visalus’ 1-Star Ambassadors Lattoia Andrews & Cornelius Massey

 
Lattoia Andrews & Cornelius Massey speak about their “all in” mindset and how the possibility of reaching the $250K Lifetime Earnings mark was closer than ever.
Today, they’re past that goal and still rising. 
Vi: What does it mean to be $250K Vi Lifetime Earners?
Lattoia & Cornelius: It’s an amazing feeling. It shows our hard work… but most importantly it means that for every dollar we’ve earned, someone else’s life was impacted, someone else on our team is one step closer to hitting his or her Challenge goal, and someone else is one step closer to generating additional income. It’s not just about the earnings, but whose life are you looking to impact? 
Vi: How has achieving this milestone made an impact on your Vi business?
L&C: Hitting this milestone is truly a blessing, and it has inspired so many people that it can be done. We were just regular individuals with a military background, but we had a hunger for more and helping others. We went all in. We’ve been able to show people that the possibilities are endless when you dedicate as much effort as possible to something you believe in. Belief plus action will always equal results! 
Vi: What other ways are you going

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Isagenix Couple Makes Crystal Executive In 6 Months

 
The recession left John and Kathie financially devastated. Over the years, the couple got to the point where they couldn’t pay the minimum on all of their credit cards.

“Severe devastation is when creditors are calling you every day,” says 67-year-old John. “Because of that financial devastation, my wife and I were also experiencing severe health devastation.”

John and Kathie live in a remote area backed into the Yosemite National Forest. Married for 36 years, John and his wife, spent most of the last couple of decades taking care of elderly parents.
“We were only able to make $1,000 per month and we couldn’t survive off of that,” shares John.
Searching for another method to pay off debt, John and Kathie were looking for a different solution.
It’s All About the Research
As an aging couple, John and Kathie wanted to find the right Isagenix products for their health.
“What I love about Isagenix is that you have so many product choices,” shares John. “But we chose what products were comfortable for our specific situation and what was affordable for us at the time.”
“I was intrigued with Product B® IsaGenesis®,” says John. “And I marveled at the science and research behind the product. The research is extremely

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Amway India In Trouble Again For Questionable Laws

 
Two social workers moved the Nagpur bench of Bombay High Court against Amway Company accusing it of selling many products without approval from Food Safety and Standard Authority. Sachin Khobragade and Jammu Anand claimed in their PIL (No. 69/2014) that the company got approval to sell only four products, but it was selling 36 products, flouting the norms.
A division bench comprising justices Bhushan Gavai and Vinay Deshpande then issued notices to Food Safety and Standard Authority through its chief executive officer, union health secretary, food safety commissioner and Amway India Enterprises Limited, asking them to reply within three weeks.
The petitioners stated that nutrilite products sold by the company didn’t comply with strict quality and quantity norms and labels used on its boxes were misleading. They had apprised of the Food and Drugs Administration (FDA) commissioner many a times but no action was taken. They demanded investigations into all its products from the Food Safety and Standard Authority.
Originally reported by: Times of India
About Amway
With more than 50 years of experience, Amway now holds the top spot in direct selling in key markets like China, India, Japan and Thailand, and is a recognized leader in the industry globally. Reflecting 2011’s substantial gain,

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“Pyramid Scheme Or Not, Herbalife Is Tanking”

 
The LA Times released the following article today, making a bold prediction about industry giant, Herbalife:
In  December 2012, Hedge fund investor Bill Ackman painted a huge bull’s-eye on the back of Herbalife, labeling the Los Angeles nutritional supplements company an illegal pyramid scheme and placing a $1-billion short bet against its shares.
Ackman supported his bet with a 334-slide PowerPoint presentation that eviscerated the company in heroic detail. Whether Herbalife’s business model is illegal — ongoing investigations by federal and state authorities have that issue, and others, under scrutiny — much of what Ackman said at the time appears well-taken today.
So far this year, Herbalife’s shares are down about 43% — including a roughly 20% drop Tuesday (as of this writing) after the company shocked investors with a bad quarterly report and a pessimistic view of the future Monday. Its shares are currently trading below $45. Ackman, whose short bet is thought to have been made at about $50 a share, appears to be back in the black, after having faced a hefty loss when the stock reached the low $80s earlier this year.
As Ackman observed, Herbalife’s business model has long been questionable, relying on overhyped products, an almost invisible research-and-development program, and the targeting

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Noal Floyd – Brain Abundance Top Earner Interview

 
Noal Floyd from Central City, Kentucky, USA is one of the Top Earners in Brain Abundance.
Noal Floyd has been recognized as one of the top recruiters and leaders in Brain Abundance. His experience with MLM started at a very young age through his parents successful involvement in a top ranked company.
Noal began his career only after he had hit rock bottom in the corporate world. Knowing that the industry worked, he was able to execute a plan a of action that allowed him to walk off his job in just a few short years.
Noal’s choice to partner with Brain Abundance was simple. “It is a breath of fresh air to the industry” he states. With a product that has a proven track record and the simplicity of the marketing plan, it makes it quite simple for anyone to have results with Brain Abundance.
Brain Abundance launched worldwide in January 2014 and quickly grew to over 15,000 members. Now shipping to over 160 countries, it’s growth continues to greatly exceed the expectations of the company’s founders.
Ted Nuyten had to honor to interview Noal Floyd.
Noal, what was your opinion about MLM before you got involved, did your parents influence you?
I knew the

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Noal Floyd – Brain Abundance Top Earner Interview

 
Noal Floyd from Central City, Kentucky, USA is one of the Top Earners in Brain Abundance.
Noal Floyd has been recognized as one of the top recruiters and leaders in Brain Abundance. His experience with MLM started at a very young age through his parents successful involvement in a top ranked company.
Noal began his career only after he had hit rock bottom in the corporate world. Knowing that the industry worked, he was able to execute a plan a of action that allowed him to walk off his job in just a few short years.
Noal’s choice to partner with Brain Abundance was simple. “It is a breath of fresh air to the industry” he states. With a product that has a proven track record and the simplicity of the marketing plan, it makes it quite simple for anyone to have results with Brain Abundance.
Brain Abundance launched worldwide in January 2014 and quickly grew to over 15,000 members. Now shipping to over 160 countries, it’s growth continues to greatly exceed the expectations of the company’s founders.
Ted Nuyten had to honor to interview Noal Floyd.
Noal, what was your opinion about MLM before you got involved, did your parents influence you?
I knew the

Read more...

MONAT Announces New President

 
Mr. Luis Urdaneta and MONAT Global Inc.,  a wholly owned subsidiary of Alcora Corp. and a U.S. based innovator in the Direct Selling and Hair Care industries, today announced the appointment of Mr. Stuart A. MacMillan as President of the Corporation.
Prior to joining the Company, Mr. MacMillan has held a number of senior management responsibilities across diverse functional areas, most recently as Managing Partner of IMPACT This Day where he was a trusted counsel to Alcora’s Directors on the establishment and strategic direction for their new subsidiary; MONAT Global.
Mr. MacMillan brings with him, a wealth of experience and success. He was President of Arbonne Canada from 2006 to 2010 and also headed up Sales Strategy for Arbonne USA from 2008 to 2010. Prior to Arbonne, Mr. MacMillan was the first International President of Excel Telecommunications, a billion dollar Telecommunications Company in the Direct Selling Industry.
His proven leadership and track record in building successful teams has championed him as a featured keynote speaker at professional events around the world, including South America, the UK and the Caribbean. Prior to his time in the Direct Selling Industry, Mr. MacMillan held other senior executive positions with Bell Canada Inc. and ACC Telecom

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MONAT Announces New President

 
Mr. Luis Urdaneta and MONAT Global Inc.,  a wholly owned subsidiary of Alcora Corp. and a U.S. based innovator in the Direct Selling and Hair Care industries, today announced the appointment of Mr. Stuart A. MacMillan as President of the Corporation.
Prior to joining the Company, Mr. MacMillan has held a number of senior management responsibilities across diverse functional areas, most recently as Managing Partner of IMPACT This Day where he was a trusted counsel to Alcora’s Directors on the establishment and strategic direction for their new subsidiary; MONAT Global.
Mr. MacMillan brings with him, a wealth of experience and success. He was President of Arbonne Canada from 2006 to 2010 and also headed up Sales Strategy for Arbonne USA from 2008 to 2010. Prior to Arbonne, Mr. MacMillan was the first International President of Excel Telecommunications, a billion dollar Telecommunications Company in the Direct Selling Industry.
His proven leadership and track record in building successful teams has championed him as a featured keynote speaker at professional events around the world, including South America, the UK and the Caribbean. Prior to his time in the Direct Selling Industry, Mr. MacMillan held other senior executive positions with Bell Canada Inc. and ACC Telecom

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Industry Leaders, Ray And Robin Sanchez, Join Vemma

 
Nearly 11 years ago, Ray and Robin Sanchez realized how this industry was their answer to providing more for their family of 11. Ray, a top local Michigan musician, and his wife, Robin have experienced great success with two different companies. Their passion is to help others, just like themselves, who desire more for their families.

After seven years in the industry and downturn of the economy, Robin found her business struggling. “When people are just trying to put food on their tables, they will sacrifice the expense of name brand face and foot creams,” Robin says.

In 2011, in an effort to find an answer to turn finances around, Ray joined a health and wellness company with a 90-day challenge platform and realized success early on. Robin soon joined him and the couple went on to build a successful business.
With Vemma having explosive growth and doubling in sales in the last year, they found themselves intrigued with the possibilities to lead even more people to greater success. “We have seen it proven again and again that timing is more important than skill,” says Ray. “There are so many facets of Vemma we fell in love with. We are impressed with this

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