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ForeverGreen – FgXpress Substantial Doubt To Continue As A Company

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ForeverGreen – FgXpress Substantial Doubt To Continue As A Company

 

In an in-depth report, Duane Bair, research Analyst of Seeking Alpha, a not-so-friendly website for Network marketing companies, points out that ForeverGreen is running out of capital:

Duane Bair:

  • Almost half of the company’s members left in 2016 (45.5%), marking the worst year for member retention in recent company history.
  • With an accumulated deficit of $42.7 million and less than $200,000 of cash on the balance sheet, the company is quickly careening toward complete insolvency.
  • This year (2017), the company has $1.7 million of debt coming due. Operating cash flow is negative, the balance sheet has $187,000, and the company has been unable to get financing through traditional lenders.
  • It should not come as a shock that management has finally disclosed that there is substantial doubt regarding their ability to continue as a going concern.

“Through a series of poor management decisions and introduction of a costly compensation plan, the company has seen revenues and profits decline sharply in the past year. Top managers suggest the collapse in sales was all planned, in reality the business is on the brink of bankruptcy due to factors the company is not disclosing to investors in a forthright manner.

The increase in revenues is directly related to the increased number of members and their business.

SG&A among MLM companies is less fixed than traditional retailers and rapidly fluctuates as the distributor bases changes since the largest expenses for any MLM are distributor commissions. In 2016, the company spent $17.1 million, or 42% of revenue on these expenses.

Previously, however, the company spent a much greater amount on commissions to members. That was because, starting in 2014, the company had adopted a new commission structure that highly incentivized recruitment over the sale of actual products to real consumers. In the 2014 10-k the company stated:

During 2014, Company management made a conscious effort to invite and attract significant direct marketing leaders to our Company. This strategy has been hugely successful as evidenced by the convincing increase in revenues.

That conscious effort came in the form of a new marketing plan called FGX. In it, the company authorized massive payouts to individuals with recruiting schemes capable of signing up large swaths of people around the world. In the first year of implementation revenues increased 240% and selling expenses (commissions) increased 280%. The problem was that it squeezed margins are caused the company to post increasingly large losses for 2015 and 2016.

In 2016, with the operating deficit ballooning and financing all but cut off, the company decided to phase out the FGX compensation plan. With less incentive to recruit, many members left the company. 

Almost half of the company’s members left in 2016 (45.5%), marking the worst year for member retention in recent company history. Unsurprisingly, revenues also cratered, declining 40% that year. Management has not been forthright about why their business is imploding. The massive loss of members is hardly mentioned by management. Instead they explain it as a shift in focus from growth and to profitability.

Full article can be found here: https://seekingalpha.com/article/4065393-forevergreen-appears-shutting

04/27/2017 |

Pamela Davis Rises to National Director Rank With Total Life Changes

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Pamela Davis Rises to National Director Rank With Total Life Changes

 

Pamela Davis is originally from Kingston, NC and moved to Raleigh, NC many years ago. Pamela joined Total Life Changes (TLC) three years ago.

She was introduced to TLC by current Executive Ambassador, Lenika Scott. Pamela was very hesitant to join another network marketing company, but she trusted Lenika because they met in 2009 in a previous company.

Pamela explains her decision to finally say, ‘Yes’ to TLC:

“After building a high five-figure income within my previous company for two years, the compensation plan just crashed. It wasn’t built to support distributors that I would characterize as, “little people”. It was built to fund only those distributors at the very top. I was not ready to give this industry another chance. Mentally and physically I didn’t have the strength to help build another direct sales business. However, my financial situation was getting worse.”

“My health was failing and honestly, I was in a state of depression. Yes!!! A woman of faith and a believer in Jesus Christ. Like many, my faith was tested. I lost my home, real estate properties, cars. There were days with no food in my home and many days of nothing more than seasoned noodles. And mind you, that type of food wasn’t good for someone like me that was diagnosed with a rare kidney disease.”

Pamela Davis is a mother and a grandmother that has always focused on building generational wealth for her children. Pamela quickly realized that Total Life Changes offers a unique, hybrid-binary compensation plan that pays distributors five different ways on a weekly basis.

This was not only very attractive to her, but she was able to build interest and belief in the business because her business partners were earning money right away in one or more ways.

Pamela was recognized in 2014 with the TLC Spirit Award at her first National Event. In 2016, she was recognized as a six-figure earner. “God graced me to walk across the stage to receive my check and 6-Figure Earner ring in New Orleans with earnings of $100,000 in one year while working from home.

Who does that? TLC Baby! And recently in February, at our Unified International Conference Tour in Houston, Texas I was honored with The Team CEO’s Global Award. My team is everything. There’s no me without them. I’m so blessed,” adds Pamela Davis.

Many Independent Business Owners (IBOs) in TLC credit the products first for driving their initial success. Others find desperation as the driving force to be successful. Pamela Davis admits that it wasn’t the products that initially helped her to find success.

Pamela further explains her situation prior to joining Total Life Changes:

“It wasn’t the products in the beginning that drove and pushed me to move my TLC business. I needed money! I was drowning in debt. I was homeless inside of my home. I often say that, you can be homeless in your home. No lights, no water, and silently losing all hope and faith. I was being tested. I give God all the glory for Lenika Scott. She was the vessel and TLC was the vehicle. I am forever thankful to TLC’s Founder and CEO, Jack Fallon for his vision and to our V.P. of North America Sales, Kenny E. Lloyd for his leadership and connection with the distributors (now called CEO’s) in the field.

“God set me up with that little pack of Iaso tea. I often say, we can’t make medical claims. But testimonies tell it all. I’m blessed because of my results on the Iaso brand of supplements. TLC is blessed by so many testimonies of our customers and team members. They have inspired me and I’m determined to share TLC products with everyone. Whoever thought that one little pack of tea would change so many lives, with so many other awesome products. TLC Pays! The opportunity is Real! We are winning over here! TGBTG! I went from $1579 a month to recently $15,000 in one month. Who does this?, TLC Baby!”

Pamela Davis shares her vision with her team members that have a strong desire to go to the top. “The bible clearly states, what you make happen for others, God will make happen for you. I will be a multimillionaire with Total Life Changes. I will reach The Rank of Executive Ambassador. It’s already done…..” adds Pamela Davis.

About Total Life Changes

Total Life Changes® offers a diverse product portfolio of health, wellness and beauty products. Founder and Tea Executive Officer, Jack Fallon created TLC over 16 years ago with a single product: NutraBurst®. Since that time, TLC has continued to develop the Iaso® brand of products to include a diverse and attractive product portfolio matched with a hybrid binary system that allows IBOs of TLC to be compensated quickly for introducing new customers to our products and business opportunity.  Find out why so many are saying, “It really is different over here.”

04/27/2017 |

Adult Toys MLM – Pure Romance 2016 Sales Up 24% To $203 Million

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Adult Toys MLM – Pure Romance 2016 Sales Up 24% To $203 Million

 

Founder & Chairwoman Patty Brisben in 1983, inspired by a feature on The Phil Donahue  Show, Patty Brisben joined a direct sales   company  and began holding in-home parties focusing on intimacy products. Every year she ranked among the top five Consultants in   the company for sales and sponsorship, and 10 years later, she launched Pure Romance from the basement of her suburban Cincinnati home.

In the beginning, Patty did everything. She packed orders, shipped products, planned parties, and signed up new Consultants all while  raising her four children on her own.

Over the  next two decades, her hard work paid off as Pure Romance grew into what she had always  dreamed it would be: A place where women could take control of their financial futures while raising their families.

In 2000, Patty’s son, Chris Cicchinelli joined Pure Romance as CEO helping his mother grow  the company from $3 million in annual revenue to more than $130 million in 2014.

In  2006, she  launched the Patty Brisben Foundation for Women’s Sexual Health. To date, the foundation has raised more than $3 million to support research projects and educational initiatives to ensure women have the information they need to live healthy, fulfilled lives. The foundation partners with universities and research organizations to study sexual dysfunction and disorders and offers educational initiatives about sexual health issues.

Patty believes the best way to help others is by educating them. In 2008, she put this belief into practice by writing her first book, Pure Romance Between the Sheets, with vital sexual health information, relationship advice, and the most commonly asked questions from her days as a Consultant. 

Like most mothers, Patty is fuelled by her family. Her four children are the reason she started this company and worked so hard to make it a success. Today, Pure Romance continues to be a family business, as all of her children are involved with the company. 

About Pure Romance

Pure Romance is the world’s leading and fastest-growing woman-to-woman direct seller of relationship-enhancement products.

Pure Romance markets its premier line of products, ranging from bedroom accessories to beauty products through a network of more than 25,000 specially-trained sales Consultants at in-home parties throughout the world.

Since 2001 the company has grown from $3 million a year in sales to $150 million in 2015. In 2010, the company began its international expansion, launching operations in Puerto Rico,

Australia, New Zealand, Canada, and South Africa. The private equity firm Craig Capital Corp. made a growth capital investment in the company in 2012. Craig Capital has a long history of championing companies’ growth and is committed to championing women’s health issues. The

capital investment partnership paved the way for Pure Romance’s acquisition of smaller competitors and the move of its corporate headquarters to downtown Cincinnati in 2014. Pure Romance focuses on several sexual health education ventures.

Founder Patty Brisben, launched the Patty Brisben Foundation for Women’s Sexual Health in 2006, and the non-profit organization has raised $3 million to support women’s sexual health education, research and community program. For more information please visit www.pureromance.com

04/26/2017 |

UCAN2 Global Leaders – WOR(l)D Global Network – Achieve President Rank

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UCAN2 Global Leaders – WOR(l)D Global Network – Achieve President Rank

 

The UCAN2 Global leadership comprises Dave Ives, Ghazala Jabeen, Grahame J Brown, and Jason Regan, having partnered with Wor(l)d just 15 weeks ago, they have achieved the prestigious rank of President.

The UCAN2 leaders have over 50 years of combined experience in Network Marketing and Direct Sales and are the founding members of the UCAN2 Community in the UK, which is a platform designed to empower, equip, and educate the future leaders within their organisation.

Coming from hugely diverse backgrounds; Dave is a former chef, Ghazala aka the Bollywood Queen a traditional business owner and entrepreneur of many years’ experience, Grahame a former telecoms business owner and Jason an IT consultant, the UCAN2 team are quick to point out that prior experience is not a prerequisite for success in this vehicle and that timing outweighs talent every time.

If you are prepared to be coachable, work hard and follow a simple system you can achieve any level of success that you desire, without a commitment to any of these elements your results will be delayed.

The team took the unique step of joining forces in Wor(l)d in order to provide their organisation with the highest level of support possible, by creating an environment in which they each had a vested interest in the success of every single team member.  Beyond that it was a case of eliminating all distractions, never treating the opportunity like a hobby, and going all in.

Having been exposed to the Wor(l)d opportunity by Peter Webb currently Double President, the team quickly recognised that this was the opportunity to partner with a truly innovative and category creating company, with a unique compensation model designed to create long term residual income and retention, unlike anything they had seen before.

Dave Ives says:

I have never seen anything like this before, in all of my 10-year history within this industry, this is a 5 star product and a 5 star opportunity, which will truly impact the lives of the masses.

We are here to ride this momentum all the way to the top and to take as many people, who have a true desire to succeed, with us as possible. 

Working hand in hand with their upline support team comprising Peter Webb and their ultimate mentors Grand President Millionaire’s Chad and Nattida Chong, the UCAN2 team are continuing to share the Wor(l)d vision across multiple markets, as they grow their international team, which now stretches well beyond the borders of the UK and Europe.

Dave Ives, Ghazala Jabeen, Grahame J Brown, and Jason Regan

UCAN2 Global Leaders

About WOR(l)D GN

With an Headquarter in MIAMI, USA, WOR(l)D stands apart as a leader in the global markets of media, mobile and wearable technologies. In the 15 offices distrbuited in all the continents, WOR(l)D is employing the brightest minds and best professionals, constantly investing in great ideas and highly motivated people. Every WOR(l)D product reflects its passion for research, innovation and environmental responsibility.

WOR(l)D is a recognized as a leading player in the drive towards a more economically stable, socially connected world. Leveraging a new business paradigm, WOR(l)D seeks to transcend every social and economic boundary. Using innovative products and a proven, direct selling business model wor(l)d is helping people around the globe to transform their lives—and their livelihoods.

For more information please visit www.worldgn.com

04/26/2017 |

Andreea & Iulian Cimbala, A Sister And Brother Who Achieve $1 Million+ Per month

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Andreea & Iulian Cimbala, A Sister And Brother Who Achieve $1 Million+ Per month

 

Andreea Cimbala and Iulian Cimbala from Italy, are breaking records around the world with their organization “Success 4 All OneDreamTeam”.

Iulian Cimbala was the first of the two to find out about the Network Marketing world about five years ago and, as an older brother who had just discovered something really good, he wanted his sister to be part of it.

The success story of this young woman and leader is really incredible, as she has become the first woman to enter the Top Earners chart at Business For Home and reach the number 3 position, earning $1,6 million a month and steadily increasing her income.

“Today, you don’t have to be too smart to understand that the world is changing. Technology prevails, and physical work will disappear in the future. I understood that Network Marketing is a new industry, a proven industry that has created many more millionaires than any traditional industry.

Network Marketing would be a kind of business that would allow me to work with people I want, wherever I want.” Iulian became the sponsor of his sister in the first opportunity they both worked with. “He invited me to a presentation, and I came only because he was my brother.” Andreea says. “When I started in this industry, I was still in high school, a very intelligent girl, I wanted to go to college.

I always had my dream of becoming a businesswoman.

In spite of the lack of experience, their energy and the desire to learn and to triumph have led them to quite impressive achievements in a very short time.

And despite having worked only a few years in the industry, both are making impressive careers. Iulian Cimbala is one of the youngest people to gain astronomical income in this industry. In fact, one of the most outstanding talents of Iulian Cimbala is his ability of finding young people with little or no experience in Network Marketing and getting them to become great leaders and stars of the industry with a real success story. He has built a solid and ever-growing team that consists of these young stars, sponsored, trained and supervised by him.

Those young leaders also take part in Success 4 All and are today high income earners with incomes reaching and, in many cases, exceeding $100,000 per month. Iulian is known to be one of the most charismatic, motivational speakers not only in the company, but also throughout the whole Network Marketing industry. And being able to speak fluently in seven languages, he is in charge of running Success 4 All in several countries such as Italy, Greece, Turkey, Romania, the UK, Bulgaria and others, where the company has thousands of active and energetic members.

Both Iulian and Andreea were coached by Igor E. Alberts, one of the legends of the industry, a top earner known as “The Mentor of Mentors”. Igor would also become Andreea’s husband, and together they would create and lead the international organization Success 4 All OneDreamTeam.

Andreea Cimbala represents a historical precedent, conquering business positions usually occupied by men and doing so at such a young age. Andreea is a role model for many women in her organization Success 4 All, where she has also set the goal of creating more and more women with the Diamond Rank, who will eventually also hold top positions. Her organization numbers more than 200,000 members, among them OneLife IMAs, who are working around the world.

Members on each continent of the world. With only 4 years of experience in the industry, she is one of the most compelling living examples that success is a matter of attitude and focus. As well as dedication, working hard up to 18 hours a day because of her great passion for the industry and for the success of her team. Becoming a mother hasn’t stopped Andreea a single moment, but, in her own words, has pushed her even more towards success, since her baby Hermes is now one of her greatest inspirations and motivations to grow and develop.

Her little son accompanies her throughout the world, he has already attended numerous presentations of his mother. With only one year and one month of age, Hermes has already collected more than 70 trips in his passport.

“I wanted to become a mother before turning 30, I wanted my own business going on before 30.”

Andreea explains how she decided to leave her studies so as to dedicate herself completely to Network Marketing.

“I was told that by listening to successful people and doing the same thing you can get results, so I said, why not? I started by myself, listened to other leaders, put together several things and created my own puzzle. I realised my inner leader. And if I had to do it again, I would take the same decision.” Like her brother, Andreea speaks fluently in 7 languages, and there are other languages ??she is familiar with. This helps her work with the members of her Success 4 All team in almost any part of the world.

Because the key to such success, global, involving committed and motivated people from all countries of the world, is always good communication between all parties. “One of my dreams to fulfil in the coming years is to become a mother of three children and to be a woman who inspires other women throughout the world. I have realized that in many cultures, in many countries women are still behind the scenes. And I always wanted to be independent, to be a businesswoman, to be a mother, to be financially free.

And if I can do so, many women all over the world can do it too. I look for them and believe in them.”

04/26/2017 |

Surge365 Announces Global Expansion

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Surge365 Announces Global Expansion

 

Surge365, a US-based network marketing company, launched Surge365 Global, headquartered in Europe, giving the company a unique opportunity to open additional markets.

As expected, the April launch was a huge success. In Bucharest, Romania over 1,000 people recognized and were determined to take advantage of the Surge365 business opportunity.

Scott Tomer, Surge365 founder and CEO said, “Surge365 is recognizing a unique opportunity to open additional markets. Key countries marked for expansion are the United Kingdom, Italy, and Hungary.”

Surge365 was founded in March, 2015, doing business in the United States, Canada, Bahamas, Bermuda, Jamaica, and Trinidad and Tobago. At present, in the United States and Central and Eastern Europe (and moving quickly further afield), Surge365 is regarded as a great business opportunity in the referral marketing industry.

Just two years later, in the spring of 2017, Surge365 Founders Scott Tomer, Coach Lloyd Tomer, and Chris Cokley, together with Oana and Razvan Petcu, knew the moment had come to expand globally – offering a unique opportunity that would have an extraordinary impact on the network marketing industry!

“The key to success is helping your partners achieve success,” said Tomer.

With over 100 years of combined marketing experience, Scott, Coach, Chris, Oana, and Razvan know how to build a massive, dynamic, profitable business.

Lack of time, lack of money, or both are what keep most people from fully enjoying life. Surge365 Global resolves those issues by offering an exclusive membership that allows its members to travel at rock bottom prices and offers a 150% price match guarantee on all online bookings while making money at the same time.

The opportunity of this moment, combined with the power of the tourism industry and integrated with an outstanding Compensation Plan that has 11 forms of financial reward (binary speed, unilevel stability and many other extraordinary benefits) can take you directly to the top!

“We are witnessing the future of travel. With the use of cutting edge technology, we create the digital experiences that travelers will find indispensable, while at the same time making a great impact on the travel and network marketing industries,” said Tomer.

About Surge365

Scott Tomer, Surge365 CEO
Scott has over 30 years of direct sales experience, as both a top income earning distributor and as co-founder and CEO of a major, publicly traded travel company. His expertise in marketing compensation plans and leadership training is legendary in the network marketing industry.

Lloyd Tomer, Surge365 CVO
Chief Visionary Officer Lloyd Tomer is a former pastor, paratrooper, and network marketing legend. Coach is one of the top recruiters in direct sales history. His down-to-earth style and over 40 years of experience have made him one of the most sought after mentors in the industry.

Chris Cokley, Surge365 President
Chris has over 30 years of direct sales experience and has held positions from Vice President of Marketing to Executive Sales Director to CEO, with some of the leading companies in the home-based business arena. Chris has long been one of the most in-demand trainers in the industry.

Oana and Razvan Petcu, Surge365 Global Master Representatives
Oana and Razvan have over 20 years experience in traditional business and 8 years experience in network marketing, which has contributed to amazing results. In just a short time in their previous home-based business, they broke all records by being the first leaders in Eastern Europe to develop an organization of over 10,000 members in 42 countries.

04/26/2017 |

TruVision Health Sales Up 130% In Q1

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TruVision Health Sales Up 130% In Q1

 

TruVision Health opened its doors with the primary goal of providing affordable yet effective health products.

Since opening in 2014, the company has done just that by being devoted to principles of sampling effective products instead of selling large, expensive product packs.

Although the company expected a slow growth, expectations were surpassed when they quickly started to gain momentum.

Now approaching it’s third year anniversary this May, the company can truly say this philosophy not only created a powerful momentum but has sustained a solid growth.

This philosophy has proved to be much needed in the health and nutrition industry as TruVision Health’s sales reached an all-time high of $5 million last month.

This growth is substantial; the company’s first month sales were $68,000, in an industry that is riddled with stops and starts TruVision Health has maintained a healthy growth trajectory that is attracting thousands of people from around the world seeking better health.

About TruVision Health

TruVision Health is becoming the global leader in premium health products. Beginning with the companies flag ship products designed to support and maintain healthy blood chemistry, TruVision Health is committed to designing cutting edge products that are effective. TruVision is becoming a world leader for premium health products.

To participate in TruVision’s global product sampling experience please send an email to support(at)truvisionhealth(dot)com and you will be connected with a local Associate in your area.

For those living in the United States and wanting to learn more about TruVision Health’s full line of products visit TruVisionhealth.com.

04/26/2017 |

Isagenix Founders Jim And Kathy Coover Recognized With Leadership Award

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Isagenix Founders Jim And Kathy Coover Recognized With Leadership Award

 

The 2017 Bravo Awards honor individuals and companies for exceptional achievements in 2016.

The Bravo Leadership Award goes to direct selling executives who embody exceptional leadership qualities – providing inspirational vision for their company, motivating their teams toward a common goal, serving others by equipping them with the best resources, and empowering their employees to reach new heights.

“We are so honored to be recognized as inspirational leaders,” said Kathy Coover, Isagenix co-founder and executive vice president.

“I truly believe it is a leader’s energy and enthusiasm that inspires others to take action. It’s our job to set the strategy and direction so our employees and associates can work together as One Team to achieve our vision.”

“As leaders, I think we have an incredible opportunity to step up and demonstrate to the world what a powerful distribution channel we are, and more importantly, what a powerful agent of change we can be,” added Jim Coover, Isagenix co-founder and chief executive officer.

Isagenix was also recognized at the event ranking amongst industry leaders as No. 26 on the DSN Global 100 list. Since its inception 15 years ago, Isagenix has rapidly moved up the ranks from No. 50 in 2009 due to steady growth and global expansion into 12 countries.

In March 2017, Isagenix also announced crossing $5 billion in cumulative revenue life-to-date and progressing toward the company’s $1 billion in annual revenue goal for 2017.

“The excitement and energy we are experiencing at Isagenix is shared by everyone who partners with us across the globe, including our dedicated associates, customers, and employees. This ranking belongs to all of them. Together, as One Team, we are making our world a healthier place,” said Travis Ogden, Isagenix president and chief operating officer.

About Isagenix International

Established in 2002, Isagenix provides systems for weight loss, energy, performance, healthy aging, and wealth creation. With more than 550,000 customers worldwide and more than 100 life-changing products, packs, and systems globally, the company is committed to producing Solutions to Transform Lives™.

In 2016, Isagenix reached nearly $1 billion in global sales through an independent network of associates in the U.S., Canada, Puerto Rico, Hong Kong, Australia, New Zealand, Taiwan, Mexico, Singapore, Malaysia, Colombia, and Indonesia. Isagenix is a privately owned company with headquarters in Gilbert, Arizona. For more information, visit Isagenix.com.

04/24/2017 |

Saul Kaye – World Global Network Achieves President Rank

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Saul Kaye – World Global Network Achieves President Rank

 

Saul Kaye recently hit the rank of President, all while building his business part time.

Saul Kaye has been a professional travelling musician for 20 years. He was playing up to 225 shows a year nationally and internationally. In 2014 , when his wife Elana was pregnant with their first son Elijah, he realized that the business model of traveling so many days a year would mean he would miss his child’s first steps and so many other irreplaceable moments.

Saul went online Feb 3rd, 2014 to look for a way to get paid to stay home with his family. After failing forward for several months he built up a couple teams of about 250, then in 2016 ramped up in another opportunity to build a team of over 2000 people. That’s when he met Romacio Fulcher.

Saul met Romacio at an Eric Worre Network Marketing Pro event. Saul went there to meet a leader and he happened to sit in the back next to a well dressed man. Saul watched person after person approach the man for selfies, autographs, and just to shake his hand. Finally, Saul turned to him and said, “Who are you ?” Romacio humbly said, “ I’m kind of a big deal in this profession.” They laughed and began a friendship.  Almost a year later, when Romacio called Saul to meet Fabio Galdi, CEO and owner of Wor(l)d Global Network, Saul jumped at the chance.

Saul says, “I attribute much of fast my success here to the phenomenal mentorship and coaching of Romacio Fulcher, the fastest US President Millionaire in Wor(l)d Global Network. He has the unique ability to cast a vision, train, coach and keep us focused on helping as many people as we can.”

Saul encourages everyone to take a serious look at Wor(l)d Global Network as Wor(l)d is FIRST to market. It’s a “blue ocean” opportunity meaning, there is zero competition, and everyone can share and watch a 2 minute video.

Saul believes that Fabio Galdi has tapped into the future of health care- home monitoring. Saul is grateful to be a professional network marketer and his vision is to help people get paid to stay home with their families.

About WOR(l)D GN

With an Headquarter in MIAMI, USA, WOR(l)D stands apart as a leader in the global markets of media, mobile and wearable technologies. In the 15 offices distrbuited in all the continents, WOR(l)D is employing the brightest minds and best professionals, constantly investing in great ideas and highly motivated people. Every WOR(l)D product reflects its passion for research, innovation and environmental responsibility.

WOR(l)D is a recognized as a leading player in the drive towards a more economically stable, socially connected world. Leveraging a new business paradigm, WOR(l)D seeks to transcend every social and economic boundary. Using innovative products and a proven, direct selling business model wor(l)d is helping people around the globe to transform their lives—and their livelihoods. For more information please visit www.worldgn.com

04/24/2017 |

Youngevity Moves Up To Nr. 76 In 2016 Global Direct Sales 100

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Youngevity Moves Up To Nr. 76 In 2016 Global Direct Sales 100

 

Youngevity International, Inc. (OTCQX: YGYI), a leading omni-direct lifestyle company, was named the 76th largest direct selling company in the world for 2016 by top industry trade publication Direct Selling News

The Direct Selling News Global 100 is an annual ranking that recognizes the most successful direct selling companies. Current estimates put the approximate number of direct selling companies worldwide at 10,000+.

Youngevity’s rank coincides with a record-setting revenue year for the company.  The prior year in 2015, Youngevity ranked #78.

Youngevity and other DSN Global 100 companies were announced Wednesday night in Dallas.

“We are honored to be ranked within the Direct Selling News Global 100,” stated Steve Wallach, Co-Founder and CEO of Youngevity. 

“2016 was a year that positioned us for scalable growth as we were hard at work establishing infrastructure, investing in Information technology systems, strategically acquiring complementary brands,  and expanding globally.”

“The DSN Global 100 ranking recognizes what we believe to have been another solid year for  Youngevity 2016,” stated Dave Briskie, President and CFO of Youngevity.

“In the span of 12 months, we achieved record revenues of $162.7 million and gross profit that moved 5.6 percent to $98.1 million.  We anticipate this momentum to build during 2017. “

Dave BriskieYoungevity was founded based upon the pioneering principles of Dr. Joel Wallach; focusing on enhancing the lives of individuals and promoting their own “betterment.”  

Today Youngevity seeks to continue to meet this mission with groundbreaking products, innovative services and a fulfilling business opportunity individually defined through flexibility and personal lifestyle choices.

And in this Pursuit of Betterment, the Company continues to build and grow its Youngevity Be The Change Foundation. 100% of the profits from Youngevity Be the Change Coffee, and other special products highlighted on the Foundation website finance Foundation operations.  

About Youngevity International, Inc.          

Youngevity International, Inc. (OTCQX: YGYI), is a leading omni-direct lifestyle company – offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling.  Assembling a virtual Main Street of products and services under one corporate entity, Youngevity offers products from the six top selling retail categories:  health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services.

The Company was formed in the course of the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company’s food and beverage division).  The resulting company became Youngevity International, Inc. in July 2013.  For investor information, please visit YGYI.com. Be sure to like us on Facebook and follow us on Twitter.

04/24/2017 |

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