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Youngevity Announces Reverse Stock Split; Prepares for NASDAQ Listing

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Youngevity Announces Reverse Stock Split; Prepares for NASDAQ Listing
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Youngevity International, the Chula Vista, Calif.-based omni-direct lifestyle company, has filed a Certificate of Amendment to its Certificate of Incorporation to implement a 1 for 20 reverse stock split of the company’s authorized, issued and outstanding common stock in preparation for its proposed listing of its common stock on the NASDAQ Capital Market.

The reverse split—which was approved by the company’s stockholders on February 23, 2017, followed by a unanimous vote by the Board of Directors—will become effective with the Financial Industry Regulatory Industry (FINRA), and in the marketplace today, June 7, whereupon the shares will begin trading on a split adjusted basis under the symbol “YGYID,” with a “D” to be added for 20 trading days to signify that the reverse split has occurred. After that time, the company’s ticker symbol will once again be “YGYI.” Youngevity’s transfer agent, Fidelity Transfer, will act as exchange agent for the reverse split. Youngevity stockholders will receive forms and notices to exchange their existing shares for new shares from the exchange agent or their brokers.

If approved, the NASDAQ listing is expected to facilitate greater liquidity in the stock as well as enable broader market access to the investment community as many participants have been unable to purchase stock listed on the OTCQX, where Youngevity is currently listed. The company believes it will meet the requirements for listing its common stock on the NASDAQ Capital Market; however, before any listing of the common stock on the NASDAQ Capital Market could occur, NASDAQ will need to approve Youngevity’s application for listing after the reverse stock split is completed. There can be no assurance that the company’s application will be approved.

“Over the years our philosophy was to build the business of Youngevity, and the value built would be reflected by our share price,” said Steve Wallach, Co-Founder and CEO of Youngevity. “The NASDAQ up-listing is expected to advance that opportunity by positioning Youngevity with a much wider spectrum of investors. Potential investors who were unable to consider participation in an investment in Youngevity will now have the opportunity to do so. We strongly believe that up-listing to the NASDAQ truly creates an opportunity that, up until now, has not been available for many.”

Youngevity President and CFO Dave Briskie added, “It has always been our vision to list Youngevity on a major exchange. We are extremely gratified to execute this reverse split in anticipation of an exciting transition to the NASDAQ Capital Markets Exchange. We believe that listing on the NASDAQ is pivotal for attracting a larger and more diverse shareholder base going forward. At this time, we would also like to express our gratitude to current shareholders who have exhibited loyalty and patience as Youngevity has undertaken this process.”

06/10/2017 |

Using a Smell Test to Diagnose Alzheimer’s Disease

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Using a Smell Test to Diagnose Alzheimer’s Disease
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Alzheimer’s disease (AD) pathology appears to start in the part of the brain that handles smell before subsequently spreading to additional brain regions and then, ultimately, taking over much of the rest of the brain. This led some to speculate that Alzheimer’s disease may begin in the nose. Perhaps there’s some environmental agent that might enter the brain through some portal in the nostrils?

This is the so-called olfactory vector hypothesis. The anatomy of the nose is well suited for the transfer of things directly into the brain, since the olfactory nerves that stick out into the nose project directly into the brain, bypassing the blood-brain barrier. The nose was actually a major infection route for the polio virus. Public health officials started cauterizing the nasal passages of schoolchildren by spraying caustic chemicals up their noses in an effort to prevent the disease.

The concern is if people breathe in some ionized metals like aluminum dust, for example, it could be transported into the brain through these olfactory nerves at a rate of about 2 millimeters an hour, which is practically 2 inches a day. Doubt has been cast on this theory, however, by a case report of a woman born with a birth defect in which she had no smell nerves yet still developed Alzheimer’s-like pathology. And so, to date, all the supporting evidence is really just circumstantial. It is clear, though, that changes in the sense of smell are among the first clinical signs of Alzheimer’s, occurring during the preclinical phase—that is, before there’s any noticeable cognitive decline. Could we use these changes to predict or diagnose the disease?

For years, researchers have been trying to find markers of brain illness hidden in people’s ability to smell using all sorts of fancy gadgets. For example, functional MRI scans can detect differences in brain activation in response to an odor. In my video, Peanut Butter Smell Test for Alzheimer’s, you can see the responses to lavender. You’ll see a representation of a normal brain’s responses to the odor versus an Alzheimer’s brain. This unequivocally demonstrates that we can pick up changes in smell function due to Alzheimer’s. But, do we really need a million-dollar machine?

An ingenious group of researchers at the University of Florida discovered all we may need is some peanut butter and a ruler.

Considering that the left side of the brain primarily processes what we smell through our left nostril and the right side of our brain covers the right nostril, and understanding that Alzheimer’s strikes the left side more than the right, what if you performed the following experiment: Close your eyes and mouth, breathe normally through the nose, then close one nostril, and hold a foot-long ruler out from the open nostril. Once your eyes, mouth, and one nostril are closed, open a container of peanut butter at the bottom of the ruler (one foot away from your open nostril). Move the peanut butter closer by 1 centimeter upon each exhale until you can detect the odor. Then, repeat the whole procedure again using your other nostril.

This is exactly what the University of Florida researchers did with their subjects. What did they find? The normal elderly control subjects in the study smelled the peanut butter as soon as it came within an average of 18 centimeters (about 7 inches) from either nostril. It was about the same, roughly 7 inches, in the right nostrils of Alzheimer’s patients. But in their left nostrils, it was a mere 2 inches! The peanut butter had to be only 2 inches away before the Alzheimer’s patients could detect it through their left nostrils. This happened every single time. Indeed, the researchers found that a “left nostril impairment of odor detection was present in all the patients with probable AD.” There was no left-right difference in the control group; they could smell the peanut butter when it was the same distance away from both their left and right nostrils. In the Alzheimer’s group, however, there was a 12-centimeter difference.

The disparity was so great that we may be able to set a cutoff value for the diagnosis of Alzheimer’s. The researchers reported that “[c]ompared to patients with other causes of dementia this nostril asymmetry of odor detection…was 100% sensitive and 100% specific for probable AD,” meaning no false positives and no false negatives. Compared to healthy people, it was 100% sensitive in picking up cases of probable Alzheimer’s and 92% specific. What exactly does that mean? In this study, if you had Alzheimer’s, there was a 100% chance of having that wide left-right discrepancy. But, if you did have that discrepancy, the chance of having Alzheimer’s was only 92%. This means there were some false positives.

The reason it’s only “probable” Alzheimer’s is because the only way we can really confirm someone has the disease is on autopsy. The current criteria for diagnosing Alzheimer’s require an extensive evaluation, combined with fancy positron emission tomography (PET) scans and spinal taps. All of these tests are expensive and hard to get, can be invasive, and can have potential complications. On top of that, they are neither highly sensitive nor specific. The left-right nostril / peanut butter odor detection test, however, was fast, simple, non-invasive, and inexpensive. They concluded that may make peanut butter an ideal instrument for the early detection of Alzheimer’s disease.

Does all this sound a bit too good to be true? It may be. A University of Pennsylvania research team was unable to replicate the results. Click here to read their paper. So, at this point, the data are mixed. I’ll do another post once more studies are published and we have a better handle on whether it’s useful or not.

Of course, it’s better to prevent Alzheimer’s in the first place. Check out these videos for more information.

  • Preventing Alzheimer’s with Lifestyle Changes
  • Preventing Alzheimer’s Disease with Diet
  • Preventing Alzheimer’s Disease With Plants
  • Reducing Glycotoxin Intake to Prevent Alzheimer’s

In health,

Michael Greger, M.D.

Article Source: NutritionFacts.org

06/10/2017 |

5Linx co-founders set to appear in federal court for fraud scheme

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5Linx co-founders set to appear in federal court for fraud scheme
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Rochester, NY — The three executives of the Rochester based marketing company 5Linx who were charged with wire fraud in a multi-million dollar fraud scheme are set to appear in federal court today.

Police say Jason Guck, Craig Jerebeck and Jeb Tyler collectively diverted $4 million from 5Linx into their own personal bank accounts. All three individuals also face conspiracy charges.

Starting in 2001, Jerabeck served as president and CEO, while Guck and Tyler were vice presidents at the company.

Jerabeck, Tyler, and Guck are accused of withholding information about the three running the fake shell companies from investors individually and collectively. Inaccurate corporate financial documents were issued that significantly understated the company’s available cash as a result.

If convicted, they could spend up to 20 years in federal prison.

Article SourcE: http://13wham.com

06/08/2017 |

Young Living Partners with Monell Chemical Senses Center

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Young Living Partners with Monell Chemical Senses Center
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LEHI, Utah, /PRNewswire/ — Young Living Essential Oils, the world leader in essential oils, today announced a significant partnership with the Monell Chemical Senses Center, the world’s only independent, non-profit scientific institute dedicated to basic research on taste and smell.  Working with the Monell Center, Young Living will support people who have lost their sense of smell, known as acquired anosmia.

Young Living will donate essential oils as well as provide financial support to be used at a  Smell Training Workshop to be hosted by the Monell Center on June 22 in Philadelphia. Research shows that smell training can help improve the sense of smell for some people recovering from acquired anosmia. The workshop will be led by smell training advocate Christine Kelly, herself a recovering anosmic.

“We are proud to support the Monell Center’s commitment to helping people with acquired anosmia,” said Dr. Michael Buch, Young Living Chief Science Officer. “This partnership is one example of our continued commitment to help people live life to its fullest through essential oils.”

For recovering anosmics, smell training offers a promising technique to retrain their olfactory sense. In clinical trials, a significant number of patients who used smell training fared better in the areas of identification and discrimination of smells than those who did no training at all.

“As the leading scientific research institute focused on the sense of smell, Monell is dedicated to identifying potential treatments for and raising awareness of the invisible disability of anosmia. We are grateful for the support of Young Living Essential Oils in this vital mission,” said Leslie Stein, PhD, Monell’s Director of Science Communications.

In addition to rose, eucalyptus, lemon and clove essential oils, the classical components to smell training, participants are encouraged to use additional oils that have personal meaning for them.  As part of the smell training process, they smell all the essential oils twice a day for a few minutes.

Young Living Essential Oils is the modern-day pioneer of pure essential oils and distillation and continues to be the key influencer and leader in the global wellness movement.

06/08/2017 |

Herbalife appoints Richard Goudis CEO, succeeding Michael Johnson

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Herbalife appoints Richard Goudis CEO, succeeding Michael Johnson
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Herbalife Ltd. has named Richard Goudis chief executive, succeeding Michael Johnson, who will become executive chairman of the company. Goudis has been a part of the Herbalife management team for 13 years, serving as chief operating officer since 2010. Herbalife shares are up more than 49% for the year so far while the S&P 500 index is up 7.7% for the period.

06/08/2017 |

Herbalife Nutrition Congratulates Its Sponsored Athlete Cristiano Ronaldo on Helping His Team, Real Madrid, Win the Spanish La Liga and UEFA Champions League Cups

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Herbalife Nutrition Congratulates Its Sponsored Athlete Cristiano Ronaldo on Helping His Team, Real Madrid, Win the Spanish La Liga and UEFA Champions League Cups
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LOS ANGELES, June 3, 2017 /PRNewswire/ — Global nutrition company, Herbalife (NYSE: HLF), applauds its sponsored athlete Cristiano Ronaldo on helping his team, Real Madrid, win both the Spanish La Liga  and the UEFA Champions League championship cups.

“We are so proud to be Cristiano’s nutrition sponsor. His ability to compete at the highest levels is truly inspiring and is a great example of our mission to help people around the world live healthy, active lives,” said Richard P. Goudis, chairman and CEO, Herbalife Nutrition. “Herbalife Nutrition is proud to fuel the performance of athletes around the globe with our endurance, hydration and recovery nutrition products.”

Ronaldo, a highly decorated athlete, was recently named The Best FIFA Men’s Player for 2016 and recognized as the most famous athlete in the world by ESPN.  He also won the 2015/16 UEFA Best Player in Europe Award after leading Real Madrid to a first-place finish in the UEFA Champions League, as well as leading his home country of Portugal to the UEFA Euro 2016 championship for the first time ever. And, most recently he won the Ballon d’ Or, the annual football award presented by France Football.

Herbalife Nutrition-sponsored athletes use Herbalife® products before, during and after training and games. As part of its ongoing commitment to improving sports nutrition and performance, Herbalife Nutrition launched Herbalife24 CR7 Drive in collaboration with Cristiano Ronaldo, a sports drink designed specifically to meet the nutritional needs of the global soccer legend and benefit athletes of all levels.

Herbalife Nutrition supports more than 190 athletes worldwide. To learn more about Herbalife Nutrition sponsored athletes, visit http://iamherbalife.com/blog/athletes. To receive the latest company updates from Herbalife Nutrition, follow @HerbalifeNews.

06/08/2017 |

Talk Fusion CEO to Offer Expert Training in Upcoming “Talk Fusion University”

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Talk Fusion CEO to Offer Expert Training in Upcoming “Talk Fusion University”
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BRANDON, Fla., June 1, 2017 /PRNewswire/ — Bob Reina, Founder & CEO of Florida-based video marketing company Talk Fusion, announced this month that production for the much-anticipated Talk Fusion University is officially underway.

As a network marketing company, Talk Fusion’s technology products are marketed person-to-person by Independent Associates in over 140 countries. Positioned to help these Associates excel, Talk Fusion University will be a free online training center that will not only offer educational articles, white papers, and PDF downloads, but also access to an in-depth video series featuring advice from the company Founder & CEO Bob Reina.

“Looking at my life now, people have trouble believing that I used to be a policeman,” explains Bob Reina, who is now a multimillionaire thanks to his success in the direct selling business. When first starting out, Bob Reina had no sales experience, only a determination to work hard in an industry he knew had potential. As Bob Reina elaborates, “I worked as a direct seller for a lot of years, and there were times when my phone bill was bigger than my commission check, but I stuck with these companies, figured out what worked, and ended up with the enormous success I have today.”

Bob Reina attributes his success to a proven and simple system, one he believes anyone can follow, so long as the person has the right drive and the right determination to see it through. As Bob Reina details, “my success as a direct seller is proof that absolutely anyone can make it big in this business; and with Talk Fusion University, I’m committed to showing our Associates exactly how to make that happen.”

As the company prepares for the launch of its University, Talk Fusion is releasing a series of teaser videos via Facebook Live, including one recent clip that gave viewers an inside look at the University set. Filmed from this onsite location, the eagerly awaited video series will cover topics ranging from getting started, finding your motivation, building a prospect list, inviting others to join the business, tips for overcoming objections and following up, and advice on how to get others plugged into Bob Reina’s system of success.

“When I started Talk Fusion, my mission was simple,” explains Bob Reina, “I wanted to show others that there is a better way to live, and I wanted to give them a company they could count on to make that happen; and with the upcoming release of Talk Fusion University, I’m excited to make that promise come full circle.”

06/07/2017 |

Medical Marijuana Inc Subsidiary Kannaway Reports New Terpene-Infused Vape

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Medical Marijuana Inc Subsidiary Kannaway Reports New Terpene-Infused Vape
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Medical Marijuana Inc  reported that its subsidiary firm Kannaway LLC, the initial hemp lifestyle network to provide Phyto-CBD botanical offerings, is adding a new alternative for vaping Cannabidiol with a new vaporizer cartridge full with 100 mg of pure Cannabidiol terpenes and hemp oil to its HempVAP® offering line.

The details

As part of a series of Kannaway® offerings showcasing natural terpenes, comprising Kannaway® Essential Oils, recently introduced at the firm’s IGNITE! National Convention this year in Scottsdale, Az., the vape oil in Kannaway’s latest HempVAP atomizer cartridge mixes 100 mg of Cannabinoid made from Kannaway Pure hemp oil and is seasoned with the terpenes alpha-Pinene, limonene, linalool and myrcene for natural botanical flavor.

Medical Marijuana subsidiary CEO reported that this new Cannabidiol hemp oil vaporizer cartridge is distinct when compared to other products in the marketplace. The product showcases Kannaway Pure Cannabidiol hemp oil mixed with terpenes from hemp. This results in a superior alternative for customers looking to evade unhealthy mixing agents, like polyethylene glycol and propylene glycol that can be noted in other offerings on the market.

Accessible now in the Kannaway® web store, the new terpene-based atomizers work with current HempVAP® batteries and hardware.

In unrelated news, Medical Marijuana reported that it has engaged Alex Grapov as its Global Vice President. Grapov’s initial priority will be to start company’s subsidiary Kannaway Europe operation. Kannaway® marks as the first hemp lifestyle setup to provide Phyto-cannabinoid botanical offerings, recently reported its expansion into Europe with the setup of Kannaway® Europe, which is projected to be fully functional by Q4 2017.

Grapov has experience of more than over 10 years in global business advancement and expansion. Prior to this role, Grapov served as MD for European Businesses and Senior Director of European Sales at two firms, driving yearly sales surpassing $100 million.

06/07/2017 |

Mannatech Brings Advanced Nutritional Technology to 2017 Ironman 70.3 Buffalo Springs Lake Triathlon as Title Sponsor

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Mannatech Brings Advanced Nutritional Technology to 2017 Ironman 70.3 Buffalo Springs Lake Triathlon as Title Sponsor
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COPPELL, Texas–(BUSINESS WIRE)–Mannatech®, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced its title sponsorship of the Ironman Buffalo Springs Lake 70.3 Triathlon on June 25 in Lubbock, Texas.

“We are proud to help provide safe health and fitness technologies that can help maximize their performance.”

Mannatech is dedicated to serving those who are passionate about their health and fitness, including this group of elite athletes, and to enable others to achieve their optimal fitness goals and results.*

“It is an honor to be a part of this event and support these elite athletes for their dedication to physical achievement,” said Mannatech CEO and President, Al Bala. “We are proud to help provide safe health and fitness technologies that can help maximize their performance.”*

On Saturday, June 24, Mannatech independent sales Associates will be hosting a booth to answer any questions regarding Mannatech products and the business opportunity. Every competing athlete will receive a complimentary sports bag with samples of Mannatech’s GlycoCafé™ slimsticks, the world’s most complete coffee.

GlycoCafé includes the whole coffee fruit, making it a healthy choice for coffee lovers. Plus, it is infused with Glyconutrients, the core of Mannatech’s clinically tested nutritional technology. Additionally, while most coffees on the market today only use roasted coffee beans, Mannatech’s GlycoCafé coffee is crafted using a blend of organic Arabica beans, antioxidant-rich coffee fruit and metabolism-boosting green coffee. Not only is GlycoCafé a complete coffee, it can also improve cognitive function, provide superior antioxidant support and support cardiovascular health.*

To begin improving your life and the lives of those around you, please visit Mannatech.com.

06/07/2017 |

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