Seems that Nikken has lost 90% of his top distributors as President Ben Woodward, according to our sources. In July 2015 Nikken has already closed down 14 international markets.
Kurt H. Fulle Chairman & Chief Executive Officer has send out the next message to the database:
“Dear Nikken Consultants and Customers:
Recently there have been some changes in the Nikken Global family. As some of you may have already heard, it is true that several Royal Diamonds, Diamonds and some of their entourage have made the decision to leave Nikken. Ultimately, they did not agree with my vision of Nikken 2.0. Their “Why Nikken” had run its course. We wish them well in their pursuit of other interests.
I want to assure you that Nikken Global is bigger than any one individual or self-proclaimed group of
Tag Archive for Out Of Business
Hot Business News Today
LiveSmart 360 – Out Of Business
by Ted Nuyten • • 0 Comments
One of the most important basics for a Direct Selling Company: Does the CEO have MLM – Network marketing field leadership experience?. If not, it rarely will be a succesfull journey….
In March 2015 we reported LiveSmart360 was in trouble: Leaders not paid, vendors not paid, employee lay-offs.
Chuck Hallberg, an investor without MLM field leader experience, and CEO, took over in Early 2014 replacing Founder Mark McCool. Contrary to the statement provided to us by the Company, this transition was not peaceful.
According to an email to the distributors:
“It is with deep regret that we write to formally inform you of the permanent closure of all LiveSmart 360 & Sora Wellness business operations.
We have had a long history within our industry and have forged many friendships and invaluable partnerships around the world; but have since found it impossibly
Hot Business News Today
Lyfestart Closes Down Business Immediately
by Ted Nuyten • • 0 Comments
According to a very short message on the LyfeStart website, the company has closed down the doors in an unexpected move.
In May 2014 Latino Industry Leader Jerry Lopez joined the company, followed by Daniel Sistrunk as Dr. David L. Katz.
LyfeStart Founder and Co- CEO Christopher Pair Garza, former President of Herbalife, commented that time:
“Dr. Katz is one of the most recognized authorities on obesity in the United States. His expertise, passion for our mission, and ability to bring to our Medical Advisory Board other renowned experts in medicine, nutritional science and public health, will help speed our efforts to end worldwide malnutrition.”
The LyfeStart website:
“Dearest LyfeStart Family,
It is with a heavy heart that we must inform you of some news regarding LyfeStart.
It is very unfortunate but effective immediately, LyfeStart will no longer be in business. Although we had hoped to weather the storm, we are sorry to report that we will close our office in Irvine. All LyfeOffice and Customer & Advisor Care operations will cease effective today.
We would like to express our personal appreciation for the association we have had through this last year. You have been a wonderful, supportive, hardworking family of Advisors, and we wish you every success in the future.”
Christopher