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Youngevity International, Inc to Host Full Year 2016 Earnings Call

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SAN DIEGO, CA–(Marketwired – Mar 21, 2017) – Youngevity International, Inc. ( OTCQX : YGYI ) (www.YGYI.com), a leading omni-direct lifestyle company, announced today that it will host a conference call on Thursday, March 30th at 4:15 PM Eastern Daylight Time (1:15 PM Pacific Daylight Time), to discuss the Company’s Full Year 2016 financial results, which it plans to release prior to the open of the market on the same day.

Youngevity International’s senior management will host the call, led by Mr. Steve Wallach, Chairman and Chief Executive Officer, and joined by Mr. Dave Briskie, President and Chief Financial Officer. The purpose of the call will be to discuss its financial results, provide an update on current business trends and to answer questions that are submitted by shareholders. Interested parties are encouraged to submit questions via email to http://ygyi.com/info-opt-in.php. Questions should be submitted by noon Eastern Daylight Time on Monday, March 27, 2017

Investors can access the conference call by dialing: 562-247-8321 and entering the access code: 132-403-283. It is advised that you dial-in at least five minutes prior to the call.

The conference call will be recorded and available for replay shortly after the conclusion of the call. Recorded calls are available in the Investor Relations section of Youngevity International’s website: http://ygyi.com/calls.php

03/24/2017 |

Immunotec Provides an Update on Taxation Matters in Mexico

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VAUDREUIL-DORION, QUEBEC, Mar 21, 2017 (Marketwired via COMTEX) — VAUDREUIL-DORION, QUEBEC–(Marketwired – March 21, 2017) – Immunotec Inc. (IMM), a direct-to-consumer company and a leader in the nutritional industry (the “Company” or “Immunotec”), announced today that it has received a ruling from the Mexican Tax Administration Services (MTAS) confirming that its Immunocal MX and Immunocal Platinum products should be classified for importation purposes in HTS code 2106.10.99, the code originally used by the Company prior to August 2013. This milestone is a positive step towards the resolution of the importation audit matters described in Note 28(ii) of the Company’s most recent financial statements.

 

03/24/2017 |

Jeff Benjamin to retire as Avon’s General Counsel

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LONDON, March 20, 2017 /PRNewswire/ — Avon Products, Inc. (AVP) today announces that Jeff Benjamin, Senior Vice President, General Counsel & Chief Ethics & Compliance Officer has decided to retire from Avon. Mr Benjamin joined Avon in 2012 after retiring from a successful 40-year career, 37 of which were at Novartis, formerly known as Ciba Geigy. He will remain in his current position until a successor is named.  Avon will be hiring a General Counsel, who will be based in Avon’s global headquarters in the UK.

Sheri McCoy, CEO of Avon commented: “With the announcement of Jeff’s retirement, in the coming months we will be working to ensure a smooth transition to a new General Counsel & Chief Ethics and Compliance Officer. I would like to thank Jeff for his counsel and support throughout the past four and a half years and I wish him and his family good health and happiness.”

03/24/2017 |

Medical Marijuana, Inc. Subsidiary Kannaway Announces Exclusive Red-Carpet Event in Denver, CO

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SAN DIEGO, March 16, 2017 /PRNewswire/ — Medical Marijuana, Inc. (OTC: MJNA) announced today that its subsidiary, Kannaway LLC the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products is holding an exclusive Red-Carpet Event in Denver, CO., this weekend. The Red-Carpet Event provides a unique opportunity to network with top Kannaway leaders, the company’s executive team and fellow business owners.

Attendees will hear from executive team members, including Kannaway CEO Blake Schroeder, President Brad Tayles and CEO of Kannaway parent company Medical Marijuana, Inc., Dr. Stuart Titus. Additionally, the Red-Carpet Event will provide Kannaway business owners with exclusive opportunities to accelerate their success as brand ambassadors, by hearing from some of our top leaders and income earners.

“We are once again excited to host another one of our Kannaway Red-Carpet Events in Denver, providing a chance for to come together and learn more about the Kannaway system and immense possibilities given by being part of the Kannaway business,” Kannaway CEO Blake Schroeder said. “We welcome you to join us as we continue to promote our new messages and brands as well as roll-out new and newly revamped products to our CBD hemp oil lifestyle line.”

The Denver Red-Carpet Event is scheduled from 1-4pm on Saturday, March 18, at the Embassy Suites Denver Southeast. Advance tickets are available now for just $30, the price of tickets will increase to $40 at the door.

Prior to the Red-Carpet Event, Kannaway will host a Business Opportunity Meeting. This meeting will run from 11:30am-12:30pm the day of the show. There is no charge for this portion of the event, and interested prospects who attend can choose to buy a ticket to the ensuing Red-Carpet Event.

03/23/2017 |

Launch by LegalShield Debuts at SXSW; Provides Industry-Leading Technology for Business and Entity Formation

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ADA, Okla.–(BUSINESS WIRE)–LegalShield, one of North America’s leading providers of affordable legal plans and identity theft solutions for individuals, families and small businesses, announced today Launch by LegalShield, the newest product in the company’s portfolio. Launch by LegalShield gives entrepreneurs a smarter, faster, better way to establish a business. It offers founders three options: a Limited Liability Company (LLC), a Doing Business As (DBA) registration, and a Corporation. In addition to the business entity formation, Launch also includes a three-month membership to LegalShield. This membership includes phone consultation on an unlimited number of business topics, legal document review, letters and phone calls on the member’s behalf, debt collection letters, and other personal matters such as estate planning and moving violations. These services are provided by North America’s only dedicated network of law firms and lawyers covering 50 U.S. states and four Canadian provinces.

“We are currently undergoing a massive cultural shift in employment trends and people are empowered to create the work they want to do anywhere, not just in Silicon Valley.”

To kick off Launch by LegalShield at SXSW, the company is hosting a reception featuring YouTube star Jacques Slade (YouTube.com/kustoo), whose videos have helped him become a cult hero to other people wanting to start a business based on their passionate interests. Slade specializes in revealing the latest athletic footwear to a devoted audience around the globe who follow his highly anticipated unboxing videos and VLOGs. LegalShield tapped him for his tremendous influence in reaching Millennials and young people who want to start their own business, particularly in music, fashion and technology.

“Every year, founders set up more than 700,000 small businesses, yet the process of getting established the right way can be daunting—and take attention away from other crucial tasks such as product development,” explained LegalShield CEO Jeff Bell. “Too many entrepreneurs are unprepared for the unexpected legal challenges that can arise in starting a company. They often don’t know how to protect their personal assets from potential claims, or how to handle employment regulations that vary from state to state.”

Launch helps business owners understand their options and make the right choices. LegalShield’s network of dedicated law firms will help members choose the right business formation, file all the paperwork, and are available as part of the membership after filing to answer any business or personal legal questions members have.

“Launch was designed with the modern entrepreneur in mind,” continued Bell. “We are currently undergoing a massive cultural shift in employment trends and people are empowered to create the work they want to do anywhere, not just in Silicon Valley.”

Starting at $145, Launch is 30 percent lower in price than the competition and both Standard and Deluxe packages include a three-month membership with LegalShield, giving members access to an experienced lawyer for all their business needs. Unlike competitor services that only offer DIY online legal services or referrals to lawyers, Launch offers the convenience of DIY technology with the assurance of a dedicated full-service law firm.

03/20/2017 |

LifeVantage Further Enhances Management Team with Appointment of Steven R. Fife as Chief Financial Officer

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SALT LAKE CITY, March 13, 2017 (GLOBE NEWSWIRE) — LifeVantage Corporation (LFVN), announced today the appointment of Steven R. Fife as Chief Financial Officer, effective immediately.

“As part of our ongoing commitment to enhance our management team, I am delighted to bring Steve Fife on board as CFO,” said LifeVantage President and Chief Executive Officer, Darren Jensen. “Attracting someone of Steve’s caliber is a testament to the opportunities available at LifeVantage. Not only does he have substantial public company experience, he brings a diverse financial perspective, with experience with high growth companies, cost saving initiatives, redesigns of internal productivity systems and establishing strong environments of processes and controls. Steve also has significant international experience, providing experience in Asia to support our near-term and long-term goals in this promising region. He will be instrumental in refining and implementing our growth strategy, executing our goals, driving value to our shareholders and guiding our company to long-term growth.”

“It is truly an exciting time to join the LifeVantage team and have the opportunity to better leverage the Company’s strong positioning with proprietary science-based products and a powerful distribution channel,” said Fife.  “I look forward to contributing to the accelerated efforts to build the Company’s infrastructure, enhance working capital management and institute the processes and controls to support profitable global growth.

Mr. Fife has more than three decades of financial and leadership experience having served in several C-level financial and leadership roles. Most recently, Mr. Fife served from 2014 to 2016 as Chief Financial Officer and Chief Operating Officer at Evidera, Inc., a private equity sponsored professional services firm that provides outcomes research, market access, data analytics and epidemiology services to pharmaceutical companies. While at Evidera, Mr. Fife led multiple international teams, was responsible for implementing cost optimization initiatives and infrastructure process and system improvements, building the infrastructure to support merger and acquisition activity and driving EBITDA growth, leading to the successful sale of the company.

Prior to joining Evidera, Inc., Mr Fife’s experience includes serving as Chief Financial Officer for publicly traded companies, including Active Power, Inc. and LECG. In addition, he served in several senior financial roles for Gilead Sciences, Amkor Technologies and JDS Uniphase. He also served as Interim Chief Financial Officer for a non-profit organization, Women’s Initiative for Self Employment.  Mr. Fife began his accounting and finance career with Deloitte & Touche. Mr. Fife is a Certified Public Accountant (inactive) in the State of California and holds a Bachelor of Science degree in Accounting from Brigham Young University.

03/20/2017 |

How Milk May Contribute to Childhood Obesity

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We’ve known that breastfed infants may be protected against obesity later in life for more than 30 years, but why? It may be the formula. Giving infants formula based on cow’s milk presents an unusual situation. Cow’s milk is designed to put nearly two pounds a day onto a growing calf, 40 times the growth rate of human infants (see Formula for Childhood Obesity).

The perfect food for humans, finely tuned over millions of years, is human breast milk. Remarkably, among all mammalian species, the protein content of human milk is the lowest. The excessive protein content of cow’s milk-based formula is thought to be what may be what sets the child up for obesity later in life.

And then, instead of being weaned, we continue to drink milk. The question thus arises as to whether consumption of a growth-promoting substance from another species throughout childhood fundamentally alters processes of human growth and maturation. A study out of Indiana University, for example, found evidence that greater milk intake is associated with an increased risk of premature puberty; girls drinking a lot of milk started to get their periods earlier. Thus, cross-species milk consumption and ingestion into childhood may triggerunintended consequences.

Only human milk allows appropriate metabolic programming and protects against diseases of civilization in later life, whereas consumption of cow’s milk and dairy products during adolescence and adulthood is an evolutionarily novel behavior that may have long-term adverse effects on human health.

Teens exposed to dairy proteins such as casein, skim milk, or whey, experienced a significant increase in BMI and waist circumference compared to a control group. In contrast, not a single study funded by the dairy industry found a result unfavorable to milk.

The head of the Obesity Prevention Center at Boston Children’s Hospital and the chair of Harvard’s nutrition department wrote an editorial recently to the AMA’s Pediatrics journal questioning the role of cow’s milk in human nutrition. They stated the obvious: humans have no requirement for other animal’s milk; in fact, dairy may play a role in certain cancers due to the high levels of reproductive hormones in the U.S. milk supply.

Article Source: NutritionFacts.org

03/20/2017 |

doTERRA International Helps Rebuild Haiti Following 2016’s Devastating Hurricane Matthew

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SALT LAKE CITY, March 14, 2017 /PRNewswire/ — doTERRA International and the doTERRA Healing Hands Foundation™ are pleased to announce the completion of several rebuild projects throughout Haiti, following the devastating Category 4 Hurricane Matthew that struck the impoverished country in October, 2016.

In just three months, the doTERRA Healing Hands Foundation rebuilt three damaged water wells in Les Cayes, Haiti. The water wells provide potable water, eliminating the need for locals to walk more than an hour each way to get clean water. The wells make it possible for children to go to school rather than spend their days gathering water for their families. doTERRA also provided 588 families affected by the storm with roofing supplies including metal, wood, and nails to rebuild damaged roofs.

Additionally, doTERRA and its Wellness Advocates donated $263,000 to the rebuild efforts of several buildings, including an elementary school for 152 students in Les Cayes, and two new well and water systems.

“It has been extremely gratifying to assist these communities in rebuilding including homes, schools, and valuable water wells,” said Corey Lindley, doTERRA president and CFO. “We are blessed to be able to give aid to people who have become our partners and friends.”

doTERRA first established a partnership with Haiti in 2008 by bringing doTERRA Co-Impact Sourcing®, an initiative that seeks to develop long-term, mutually beneficial supplier partnerships while creating sustainable jobs and providing reliable income in underdeveloped areas. Initially, doTERRA built three water wells for the communities and constructed a distillery and drying facility for its Co-Impact Sourcing partners.

doTERRA sources vetiver—an expensive and complex essential oil that thrives in harsh conditions—from Les Cayes. doTERRA created growers’ cooperatives to facilitate leadership and provide professional training for our local partners.

“Vetiver is one of the hardest plants to grow and harvest but these Haitian farmers go to great lengths to cultivate it properly and ensure we get the best possible oil,” said Emily Wright, founder and vice president of sales and marketing for doTERRA. “As our partners, these wonderful people are committed to sustainably sourcing vetiver and the success of Co-Impact Sourcing. We are committed long-term to the people of Haiti, and will continue to help families reestablish themselves and grow the local economy.”

03/19/2017 |

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