Organo Gold, the gourmet coffee company that caters to consumers active lifestyles, today announced its entry into the brewed coffee category with the launch of its single serve BrewKupTM, the first OG product endorsed by Greg Norman, Former World #1 golfer and global entrepreneur. Norman and his company, Great White Shark Enterprises, entered into a global partnership with Organo Gold in October 2013.
“Entering into the brewed coffee category is a natural step in Organo Gold’s evolution,” stated Bernardo Chua, Chief Executive Officer and Founder of Organo Gold. “As we continue to expand our global footprint and extend our brand reach, it’s critical that our Distributors and customers have product options that are in keeping with OG’s lifestyle commitment.”
“The BrewKupTM addition to the Organo Gold product line is a natural fit with OG’s global culture — offering choice, convenience and simplicity and I am excited to be a part of this new energy within Organo” added Greg Norman.
BrewKupTM is Organo Gold’s single cup brewing system that is designed for use in most popular single-serve coffee makers. Organo Gold enters the market with two exclusive product collections infused with Ganoderma: Black Gold and Premium, which includes both Toasted Hazelnut and Chocolate Almond.
Tag Archive for Newsletter
Hot Business News Today
USANA Q2 Revenue $188 Million
by Ted Nuyten • • 0 Comments
Second quarter net sales of $188.3 million; EPS of $1.36
Associate growth of 11.4%
Company repurchases 682,000 shares under program during second quarter
Company reiterates 2014 net sales and earnings outlook
Company announces promotion of Kevin Guest to President
SALT LAKE CITY – Jul. 29, 2014– USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal second quarter ended June 28, 2014. The Company also reiterated net sales and earnings guidance for 2014.
Financial Performance
For the second quarter of 2014, net sales decreased slightly to $188.3 million, compared with $189.1 million in the prior-year period. Net sales, on a comparative basis, were negatively impacted by: (i) $7.0 million of incremental sales in the second quarter of 2013 that occurred ahead of policy changes, which included restricting Associate purchases to their country of residence; (ii) $3.3 million from unfavorable changes in currency exchange rates, and (iii) price discounts that the Company implemented in 2013. The number of active Associates for the second quarter increased 11.4% year-over-year, and 6.8% sequentially, largely as a result of the initiatives implemented by the Company in 2013.
Net earnings for the second quarter were $19.3 million, compared with $24.2 million during the prior-year period. This decrease resulted from lower gross
Hot Business News Today
Zeek Rewards Leaders Outside The USA Will Face Legal Proceedings
by Ted Nuyten • • 0 Comments
How the Zeek Rewards Receivership intends to go after Zeek investors who are outside of the USA, has made clear in his status report for the second quarter of 2014.
Receiver Kenneth Bell:
Counsel for the Receiver prepared a request for proposal, which it distributed to a select number of law firms in countries where the largest ZeekRewards net winners reside.
The Receiver Team has been in discussions with multiple overseas law firms regarding the logistics, strategy, and costs involved with pursuit of net winners residing in these firms’ various countries.
Claims against foreign net winners will likely be grouped by the country in which these individuals reside, with some actions being initiated here in the Western District of North Carolina and other actions being filed in the foreign net winners’ home countries.
The Receiver is evaluating the most efficient means of pursuing these individuals that will generate the greatest possible return for the Receivership Estate.
Hot Business News Today
Zeek Rewards – Former Management Agrees To Pay $600 Million Back
by Ted Nuyten • • 0 Comments
As first reported by Behind MLM, Paul Burks, Dawn Wright-Olivares and Daniel Olivares have agreed to pay $600 million back to the Zeek Rewards receiver.
In his status report for the second quarter of 2014, Receiver Kenneth Bell has revealed that: “By the filing date of this report, the Receiver had reached settlement agreements with Paul Burks, Dawn Wright-Olivares, and Daniel Olivares, pending Court approval.
Each of these defendants agreed to a consent judgment of $600 million to be satisfied with substantially all of their assets.
How the $600M figure will be paid back, in particular who is paying what amount, is unclear. Ditto how much of the judgement will be distributed to the scheme’s victims by the Receivership.
What is clear though is that it appears to be a lump sum, and after it’s paid – those primarily responsible for the creation and operation of the Zeek Rewards Ponzi scheme will have absolutely nothing left to show for it.
Full story: Behind MLM
Hot Business News Today
Mary Kay Earners Have Driven Over 22,000 Pink Cadillacs That Could Have Been Lincolns
by Tina Williams • • 0 Comments
The only people who get to drive in pink Cadillac splendor are superstars whose multilevel sales teams have sold at least $100,000 in Mary Kay products in six months.
It’s one of the most easily recognized sales incentive in the world.
But not many people outside the company know that these independent sales directors ought to be driving Lincolns.
That’s what Mary Kay Ash really wanted in 1967, when the first lady of cosmetics decided to indulge herself with a luxury car and flaunt the success of her company in the process.
But she got “little lady-ied” by a local Lincoln dealership, says Crayton Webb, vice president of corporate communications at Mary Kay Inc. “The guy in so many words said, ‘Little lady, go home and get your husband. And when you come back, we’ll get you into that Lincoln.’ That didn’t sit too well with her.”
Mary Kay was probably summarily dismissed before she ever mentioned that she wanted her vehicle to match the color of her cosmetics compact.
Frank Kent Cadillac in Fort Worth was more than happy to take her money for a 1968 Sedan de Ville and order it in powder pink. General Motors resurrected a retired paint color, Mountain Laurel, that
Hot Business News Today
Amway Sues Sony
by Tina Williams • • 0 Comments
Amway is back in court over a dispute with record companies tied to a copyright infringement case settled 16 years ago.
The multi-level marketing giant is suing UMG Recordings Inc., Sony Music Entertainment and Warner Music Group Corp., for violating a 1998 settlement, which required them to provide notice of copyright infringement allegations by Amway distributors so the Ada-based company could investigate and stop them, reportsLaw360.
Instead music companies worked together to conceal the information for at least 18 months before ambushing Amway with numerous complaints, according to the suit filed by Amway’s parent company, Alticor Corp., in April in Orlando, Fla.
Earlier this month, a federal judge in Orlando declined to throw out the case but narrowed the copyright-related suit, Alticor Inc. v. UMG Recordings Inc., according to Bloomberg.
“Amway is pleased that the Court upheld our filing of the breach of contract claim and that the case will continue to move forward,” the company said in a statement to MLive. “We remain confident in our case and our efforts, including policies and training programs, to educate employees and distributors about the proper use of copyrighted materials.”
In 1998, Amway agreed to pay $9 million to settle a lawsuit that alleges Amway and some of
Hot Business News Today
Dick Vitale Accepts $25,000 Donation For His Charity From It Works!
by Tina Williams • • 0 Comments
Dick Vitale’s relentless passion for finding a cure for pediatric cancer is spreading from his home base in Lakewood Ranch to Palmetto.
The well-known ESPN college basketball broadcaster and Ranch resident recently accepted a $25,000 donation from It Works! Global for his favorite charity, The V Foundation, which raises money for pediatric cancer research.
It Works! Global, a worldwide direct sales marketer of beauty, wellness and weight loss products, headquartered in Palmetto, gave the donation to Vitale last weekend during the company’s Green Carpet Experience annual corporate sales event, which drew a crowd of 4,000 to the Bradenton area.
The company raised money by asking the sales force in attendance to make a donation in exchange for an It Works! Gives Back Foundation T-shirt. CEO Mark Pentecost has worked with Vitale in the past through the Dick Vitale Gala for The V Foundation, which Vitale hosts every year in Sarasota. Pentecost and his wife, Cindy moved to Manatee County three years ago hoping to become involved.
“We chose Manatee, not only because it is a destination location, but it is a community where we could make a difference. At It Works!, we want to be known for giving back to the community and making
Hot Business News Today
Zija’s Fast Start Commissions Promotion Creates Monumental Rank Advancements
by Nicole Dunkley • • 0 Comments
Zija International recently introduced a new promotion called “Fast Start Commissions (FSC),” which has helped many of the company’s Independent Distributors rise in rank quickly to reach the higher levels of the Zija compensation plan:
Takashi Ichikawa from Japan, Diamond Elite
Yukiko Hazemoto from Japan, Double Diamond
Miyoko Watanabe from Japan, Double Diamond
Tomas Chapa from the United States, Double Diamond
Landon Weaver from the United States, Diamond
Yoshie Watanabe from Japan, Diamond
Jessica Ellerman from the United States, Diamond
Eddy Tan from Malaysia, Emerald
Eiko Kojima from Japan, Emerald
Tomoaki Nakano from Japan, Platinum
Hanne Meier Olsen from Norway, Platinum
Keisuke Yanagi from Japan, Platinum
This impressive growth comes as a predecessor to other exciting announcements from Zija International—including new product divisions and other changes aimed at growth—which will be announced at the company’s international convention, Zija Summit 2014, this September in Salt Lake City, Utah, United States.
About Zija International
Zija International Located in Lehi, Utah, develops natural, earth-friendly health, wellness, nutrition and fitness products. Zija currently operates in 50+ countries worldwide through its global family of Independent Distributors.
Although the company has been in business for only a few short years, it has experienced impressive growth year after year and been recognized as one of the fastest-growing and top-revenue companies by Inc.
Hot Business News Today
NFL Player Shares How Isagenix Helped During ACL Recovery
by Tina Williams • • 0 Comments
“I tore my ACL two years ago and spent half of the season in 2012 in rehab,” explains former Kansas City Chiefs tight end, Martin. “I was doing my rehab and getting back in shape at the gym to give the NFL another run when I noticed that the owner was selling Isagenix.”
Martin thought it was another “one of those things” and didn’t pay much attention to the product. While building muscle for recovery, Martin was frequently in and out of many gyms. That’s when he noticed Isagenix popping up at fitness centers.
“The trainers were getting results with Isagenix,” shares the free agent for the NFL. “But, again, I chalked it up to, ‘You only drink a shake instead of eating food. Of course you’re going to lose weight.’”
Martin shrugged it off without understanding the system, especially since he wasn’t looking to lose weight. It wasn’t until another trip to a different gym that he noticed Isagenix showing up again.
“With reputable gyms supporting these products, it seemed liked I should give it try without jumping to conclusions about the system only being about weight loss,” shares Martin.
The Optimum Zone
Martin himself was looking to gain muscle through Isagenix due to his
Hot Business News Today
Arbonne Joins Council For Responsible Nutrition
by Tina Williams • • 0 Comments
Arbonne Joins Council for Responsible Nutrition
Arbonne has become a member of the highly regarded Council for Responsible Nutrition (CRN). “We are proud to be a new member of the Council for Responsible Nutrition,” said Michael D’Arminio, Arbonne Sr. VP and Chief Creative Officer. “Transparency and honesty are two important hallmarks of our product integrity.
Like the CRN, Arbonne is committed to best practices and manufacturing dietary supplements that meet the highest standards in quality and efficacy. So it made perfect sense for Arbonne to join the Council for Responsible Nutrition and to hold hands in the mission to responsibly develop, manufacture and distribute dietary supplements and nutritional ingredients.”
About the CRN
The Council for Responsible Nutrition (CRN), founded in 1973, is a Washington, D.C.-based trade association representing 100+ dietary supplement manufacturers, ingredient suppliers, and companies providing services to those manufacturers and suppliers.
In addition to complying with a host of federal and state regulations governing dietary supplements in the areas of manufacturing, marketing, quality control and safety, our manufacturer and supplier members also agree to adhere to additional voluntary guidelines as well as to CRN’s Code of Ethics.