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Modere CEO Robert Conlee Featured On Global TV show

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Modere CEO Robert Conlee Featured On Global TV show

 

Robert Conlee, Chairman and CEO of Modere, is featured on the award-winning, global TV show, Modern Living with Kathy Ireland. The segment’s topic focuses on Modere’s safe and effective, clean label lifestyle products.

Headquartered in Springville, UT, for 30 years Modere has provided the broadest range of personal care, nutritional, and home care essentials. Modere’s products are affordable and accessible for all people. Modere is also the leader in safety and performance. Modere’s products range from skin-care products to weight-management products.

Robert Conlee discusses the incentives Modere provides to customers, “We offer incentives for both customers and social marketers. We offer something we call ‘Share the Love’ where they receive ten dollars off their next purchase by sharing their promotional code and getting other customers interested. We have an amazing community of like-minded individuals who love living clean and want to fill their homes full of safe and effective products.”

Conlee was also quoted as stating, “We are tremendously excited to partner with Modern Living. Our stylish and modern, health-conscious products are a perfect fit. The collaboration with and endorsement of our brand reflects our strong vision. We are on a mission to create more than 10 million healthy Modere Homes—homes that are safe and living clean—by the year 2020. Our partnership will serve as a real catalyst for our Social Marketers around the world, in achieving that vision.

JL Haber, Vice President of Programming for Modern Living with kathy ireland®, notes, “Modere has been a pioneer of clean living – delivering safe, effective products for 30 years. We are thrilled to feature them on the show.”

Tune in to see Modere on Bloomberg International on February 26, 2017 at 7:00 am GMT and 10:00 am CST

About Modere

Modere is safe made sexy. We offer a category-leading portfolio of lifestyle essentials—personal care, health & wellness, and household products that are equal parts safe, high performing, and beautifully designed. Our formulas are proven and tested, and have been trusted by customers around the world for more than 25 years.

At Modere, we create more than just products—we create meaningful experiences. The Modere experience is catered specifically to the modern lifestyle, which takes place at the intersection of stylish, safe, and smart. For more information, please visit www.modere.com

Modere is a portfolio company of Z Capital Partners, L.L.C.

02/23/2017 |

Avon Products 2016 Sales Down 7% To $5.7 Billion

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Avon Products 2016 Sales Down 7% To $5.7 Billion

 

Avon Products, Inc. (NYSE:AVP), a globally recognized leader in direct selling of beauty and related products, announced its results for the fourth quarter and fiscal year ended December 31, 2016.

“We made good progress in the first year of our Transformation Plan, exceeding our cost savings targets, improving our profit margin, and significantly strengthening our balance sheet. 

However, the financial results for the fourth quarter were disappointing, largely due to the decline in Active Representatives and an unexpected increase in bad debt expense,” said Sheri McCoy, Chief Executive Officer, Avon Products Inc. 

“As we move into 2017, we are taking actions to deliver more consistent performance across our markets, with Representative engagement remaining a key priority in our growth plan, while navigating continued challenging global economic and political headwinds.”

Highlights for Fiscal 2016:

  • Revenue declined 7% to $5.7 Billion; Increased 2% in constant dollars
  • Active Representatives and Ending Representatives, both from Reportable Segments, declined 1% and were relatively unchanged, respectively
  • Operating Margin increased 290 bps to 5.6%; Adjusted1 Operating Margin increased 80 bps to 6.5%
  • Diluted Loss Per Share From Continuing Operations of $0.25; Adjusted Diluted Earnings Per Share From Continuing Operations of $0.04
  • Foreign currency negatively impacted Diluted Earnings Per Share by an estimated $0.27 per share and Adjusted Diluted Earnings Per Share by an estimated $0.28 per share, driven in each case by the strength of the U.S. dollar against the currencies of the countries in which the Company operates
  • The Company realized an estimated $120 Million of cost savings in year one of the Transformation Plan
  • Debt was reduced by approximately $260 Million and the maturity profile was extended

Highlights for Fourth Quarter of 2016:

  • Revenue declined 2% to $1.6 Billion; Relatively unchanged in constant dollars
  • Active Representatives from Reportable Segments declined 2%
  • Bad Debt Expense increased 210 bps, primarily in Brazil
  • Operating Margin increased 290 bps to 6.8%; Adjusted Operating Margin increased 130 bps to 7.3%
  • Diluted Loss Per Share From Continuing Operations of $0.03; Adjusted Diluted Earnings Per Share From Continuing Operations of $0.01

Full-Year 2016 Income Statement Highlights (compared with full-year 2015)

  • Total revenue for Avon Products, Inc. declined 7% to $5.7 billion, but increased 2% in constant dollars.
  • Total revenue from reportable segments declined 7% to $5.7 billion, but increased 3% in constant dollars.
    • Active Representatives declined 1%, primarily due to a decline in Asia Pacific that was partially offset by an increase in Europe, Middle East & Africa.
    • Average order increased 4% due to growth in all reportable segments as the Company benefited from pricing actions.
    • Ending Representatives were relatively unchanged as growth in Europe, Middle East & Africa and South Latin America was offset by a decline in Asia Pacific.
02/23/2017 |

Vida Divina Acquires Latin MLM Giant OvaNutric

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Vida Divina Acquires Latin MLM Giant OvaNutric

 

Vida Divina Worldwide, officially acquires Latin MLM giant OvaNutric, based out of Guadalajara – Mexico.

Vida Divina Worldwide is a global direct marketer and Manufacturer of nutritional and lifestyle products, selling products into 30 countries and with impressive distribution centers in 10 countries, using the platform of the direct sales channels to distribute to over million end product users a month world wide.

On the 21st of February 2017, Vida Divina has announced that the Company has finalized an agreement to acquire 100% of the assets and take over all operations of Latin America’s MLM giant, OvaNutric Worldwide, based out of Guadalajara, Mexico.

Additionally, Vida Divina has entered into a supply agreement to manufacture and market products of OvaNutric’s brand to pending orders and fulfilling contracts to the non-Network Marketing branch of products that spans out into 7 countries within Latin America supplying pharmacies and natural health stores.

Neftaly Pineda, Vida Divina’s COO tells us,

“Merging OvaNutrics massive distributing force into Vida Divina may take upwards of 180 days, yet it will be a smooth transition. So we are extremely excited for this Opportunity”

Armand Puyolt, Vida Divina, CEO stated,

“We have been working on bringing in multiple companies into our Vida Divina family for quite some time. We became intrigued by OvaNutric due to the years of success that have delivered using coffee and juice products,

The OvaNutric Family will enjoy the instant upgrade juice upgrade from their F24 to our Factor Divina plus they now will have access to more than 20 innovative health products we now have active within our portafolio.

We believe this acquirement is poised to change the way we serve the people into the Latin American marketplace, sharpening our reach to people that need the product line of  Vida Divina.”

Jorge Oloarte, Sr. Vice President of Vida Divina:

“We believe OvaNutric is an ideal strategic acquisition for Vida Divina which fits perfectly into our global plans. Not only will we pick up strong leadership in Latin America, but we intend to immediately leverage OvaNutric’s already established  teams world wide.

We believe combining these capabilities with our 10 current offices opened last year will accelerate our expansion plans around the world.”

Alfonso Diaz Aguilar, Co-President of OvaNutric:

“Years back I helped take Herbalife from $6 million to $611 million in anual sales. It was built on excitement and a solid foundation, similar to what I now see here in Vida Divina as I step down and pass the baton to Mr Armand Puyolt, a man that has done whats right for the Industry.

To me, he is a leader that I am proud to now call our CEO. Our OvaNutric family is in great hands, and once again, I am excited for the industry.”

Miguel Mendoza, Co-President of OvaNutric:

“We are extremely excited to be able to work with Vida Divina. As I step down as CEO, we believe this acquisition will be a positive and perfect win for everyone in the OvaNutric Family, including myself. We are excited to bring our years of experience in the Latin Market into Vida Divina’s growing group of distributors and customers around the world.”

Armand Puyolt, concludes,

“I’m proud to say as of today to all the distributors and leadership within the OvaNutric Family: Welcome Home to the Vida Divina ARK. Now let’s make a legacy together, Fathers Favor”

About Vida Divina

Vida Divina had one of Network Marketing’s most Successful Pre-Launches in history with sales over the $24 million within the first month and over 200k registered reps within the first 45 days. Now as it prepares to Officially launch in September 2017, it is creating a huge wave of followers that the industry has not previously seen before.

The company CEO and Founder is Network Marketing Legend Armand Puyolt, an 8 figure Earner who has been in the Network Marketing Top Earners ranks for over 25 years. Currently ships products to over 30 countries and owns 2 manufacturing facilities with over 260 patents for unique products. Distributing over million products a month worldwide with in first 6 months of launch.

As a debt free company, Vida Divina was created to be “THE ARK”: to cary as many people to success as possible, helping people from all walks of life to have an opportunity to change the future of their family and themselves for life.  For more information please visit VidaDivina.com

02/23/2017 |

Youngevity Beta Launches Omni-Direct Cross Channel Direct Business Model

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Youngevity Beta Launches Omni-Direct Cross Channel Direct Business Model
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Youngevity Beta Launches Omni-Direct Cross Channel Direct Business Model

 

 Youngevity International, Inc. (OTCQX: YGYI), the only omni-direct lifestyle company, today announced the beta launch of its anticipated revolutionary and all-inclusive new online destination — temporarily housed at www.youngevitybeta.com. 

When the site is formally launched as expected at the end of March, it will be fully transactional. Ultimately, at the conclusion of the transactional beta, the site will be located at its permanent web home — www.youngevity.com. 

Youngevity has coined the term “omni-direct” to describe its innovative cross channel business model that adds flexibility and convenience into the direct selling customer and independent associate experience. As an “omni-direct” lifestyle company, Youngevity represents a unique hybrid of direct selling, e-commerce and social selling business models.

Steve Wallach, Youngevity CEO, stated,

“This technology platform has been a significant investment for our company and we are pleased that it should soon begin to drive revenue. Given the unique nature of our sales and marketing business platform we had to develop from the ground up technology and supporting architecture that was capable of scaling around the globe.”

“In our 20th anniversary year, we are moving to what we call a ‘virtual Main Street’ of products and services,” stated Dave Briskie, President and CFO of Youngevity. “The new Youngevity site is our virtual street address designed to provide a rich, immersive web experience that extends to all of our trusted brand families.”

Briskie continued,

“This will be a lifestyle web platform and will offer a fully interactive way to engage with Youngevity and its broad line-up of diverse brands. The site also reflects our mission to empower individuals as they pursue their own betterment and best lives. 

We believe living better can be relatively easy and within reach when you have the right combination of groundbreaking products and services.”

Specific features of the new Youngevity web destination will include:

  • Easy intuitive search – conveniently located at the top of each screen; with the ability to narrow searches by product category
  • Icons conveniently located at the bottom of each page that transport you to each of six vertical product categories – Health & Nutrition, Home & Family, Food & Beverage (including gourmet coffee), Spa & Beauty, Apparel & Jewelry and Services
  • Simple enrollment for Youngevity Distributors
  • Vibrant lifestyle photography and messages that synergize with Youngevity products and brands
  • Portal access to the investor area of the site currently housed at www.ygyi.com
  • Optimized for desktop and tablet use
     

During the beta version, brands within the Youngevity portfolio can be purchased by contacting a Youngevity Distributor or by calling toll-free, 800.982.3189 or through our current legacy system Youngevity.com.

About Youngevity International, Inc.

Youngevity International, Inc. (OTCQX: YGYI) is the only 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 proven 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. For general information on products and services please visit us at youngevity.com. Be sure to like us on Facebook and follow us on Twitter.

02/22/2017 |

Nerium Vs. Modere Lawsuit – The Follow Up

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Nerium Vs. Modere Lawsuit – The Follow Up

 

On December 30th, 2016, Nerium International filed a lawsuit against Modere.

Nerium claims the lawsuit, which also sought a Temporary Restraining Order, was an attempt to stop two of its high-ranking salespeople and a paid Nerium consultant from raiding Nerium’s salesforce and customers, in direct violation of their non-competition and non-solicitation agreements, for a competing company Modere.

Modere (and individuals respectfully) requests that Nerium’s Emergency motion to Compel be denied, that it be ordered to reserve written discovery in accordance with the typical non-emergency guidelines with the Texas Rules of Civil Procedure, that such discovery be narrowly tailored in accordance with the jurisdictional claims it has made, and for all such other relief to which they may be entitled.

The following exchange comes from the Deposition of Dennis Windsor, the President of Nerium from its inception until January 2014, and its Chief Networking Officer until March 30, 2016:

He (Jeff Olson) told me that I need to be prepared and that I need to realize that we may end up losing 60 percent of our sales force in the United States over this issue, that don’t worry about it, we’ll weather the storm. I know what I’m doing. I’ve done this before. You’ve just got to trust me.”

From the law suit documents:

DEFENDANTS’ RESPONSE TO PLAINTIFF’S EMERGENCY MOTION TO COMPEL.

Subject to Certain Pending Special Appearances, Defendants Don Creek, Marilyn Creek, MD Enterprise, LLC, Global Skin Solutions, LLC, Anna Woodward, Julie Waldie, and Lisa Cox, file this Response to Plaintiff’s Emergency Motion to Compel, and respectfully shows the Court as follows:

I. INTRODUCTION

The entry of an Agreed Injunction clearly obviates the need for an Emergency Motion to

Compel (the “Motion”). As such, the Motion should be denied in its entirety. There are additional complicating factors, including pending special appearance motions and the enforceability of the asserted restrictive covenants, which are contained within a contractual agreement the Dallas Court of Appeals has already upheld as illusory. In reality, the Motion is just the latest act in Nerium International, LLC’s shock and awe campaign to try and beat its former independent contractors into submission, and should be denied.

II. ARGUMENT AND AUTHORITIES.

A. Expedited Discovery Was Based On The Need to Prepare For A Temporary Injunction Hearing That Is Now Moot.

1. On January 25, 2017, the parties entered into a Rule 11 Agreement (with an attached Temporary Injunction) which negated the need for the previously scheduled temporary injunction hearing.

2. On January 26, 2017, the Court entered the Temporary Injunction, negating the basis for expedited discovery.1 Discovery should be allowed to proceed in the normal course with regard to the Contractor Defendants.

B. Expedited Discovery Is Really Only A Continuation Of Nerium’s Shock And Awe Campaign.

3. Upon information and belief, on January 27, 2017, Nerium issued the following “update” ostensibly to its more than 100,000 “Brand Partners,” in an obvious effort to continue its “shock and awe” campaign.

We want to provide you with this important update on the actions Nerium International is taking to protect your Nerium business. As you may recall, Nerium brought suit against Anna Woodward, Lisa Cox, Don and Marilyn Creek, Julie Waldie, and Doug Burdick (the “Individual Defendants”) for soliciting and recruiting Nerium Brand Partners in violation of their contractual and legal duties. At a hearing on January 6th – over the objections of the Individual Defendants – the Court found that Nerium “would likely succeed on the merits of its claims against the Defendants” and entered a temporary restraining order (“TRO”), prohibiting any of the Individual Defendants from “soliciting or recruiting” and Nerium Brand Partners, “directly or indirectly.”

On January 26, 2017, the Court entered an Agreed Temporary Injunction (“Injunction”) against Defendants that clarifies the prohibited activities and extends the enforcement period of the previously entered TRO for 1 year. During the next year, with certain very limited exceptions, the Defendants are strictly prohibited from recruiting anyone they know to be a Nerium Brand Partner. The Injunction specifically prohibits

the Defendants from “any actual or attempted solicitation, enrollment, encouragement, or effort to influence in any otherway, either directly, through a third party, or indirectly (includingbut not limited to, the use of a website), a person who the recruiting party knows to be a Nerium Brand Partner to enrol or participate in another network marketing opportunity.” Recruiting on websites such as Facebook, Pinterest, and Twitter would violate the Injunction. Further, the Injunction specifically prohibits this type of recruiting even if the Defendants’ “actions are in response to an inquiry made by a Nerium Brand Partner.”

Significantly, the Individual Defendants and Modere stipulated to the enforceability of the Injunction, and  forever waived and relinquished any and all rights to challenge or appeal it and any subsequent order of contempt on the basis that the Order is void, invalid, or unenforceable or that it lacks sufficient findings.

The entry of the Injunction is not the end of this lawsuit. In fact, this is just the beginning. The evidence we’ve obtained to date against the defendants, including Modere, is overwhelming. In fact, using information that we obtained through our own investigation and discovery obtained in this lawsuit, on January 27, 2017, Nerium International filed its Third Amended Petition and added the following new defendants: Erik and Josalyn Dean, Aaron and Jessica Mathis, Paddy McCracken, Lisa Corcoran, Sue Clemens, Sheena Brooks, Michelle Langhi, Dena Peacock, and Modere executive Justin Serra.

As we continue to obtain discovery in this lawsuit, and as we continue to learn the names of more Brand Partners who have violated their agreements with Nerium International, we will continue to sue former Brand partners when appropriate. We will do everything we can do to protect your Nerium business.

The Third Amended Petition also seeks monetary damages against all defendants in an amount in excess of $100,000,000. Given that the Court has already found, and defendants have agreed, Nerium is likely to prevail at trial, Nerium International is confident that it will obtain a significant financial recovery from the defendants at trial. And our case is only going to get stronger as defendants will be compelled in the coming days to produce all emails, text messages, and other documents evidencing their misconduct, and they will soon have to sit for their depositions.

Each defendant will be held personally liable for the harm they have done to your Nerium business. If you have any information about any of the Defendants recruiting Brand Partners (which would violate the Injunction), please forward that information to Compliance@Nerium.com immediately. If the Defendants violate the Injunction in any way, they will be held in contempt of court, and contempt sanctions can include monetary fines and imprisonment.

Finally, we understand that competitors continue to spread false rumors about our ongoing lawsuit with Nerium Skincare and Nerium Biotechnology. While our detractors continue to talk about a lawsuit they know nothing about, we encourage you to remember that the Court, in its order denying Nerium Skincare/Biotechnology’s motion for preliminary injunction, specifically stated that “[Nerium Skincare/Biotechnology have not established a substantial likelihood of success on the merits…”

4. Undoubtedly, Nerium wanted its Brand Partners to believe (a) it is seeking over $100,000,000 against the Contractor Defendants, and (b) the Contractor Defendants somehow agreed that Nerium is likely to prevail at trial.

5. Nerium’s self-serving reference to the Nerium SkinCare lawsuit underscores the concerns about Nerium’s viability, as it appears Nerium is anticipating it might lose up to sixty percent (60%) of its US salesforce.

The following exchange comes from the Deposition of Dennis Windsor, the President of Nerium from its inception until January 2014, and its Chief Networking Officer until March 30, 2016.

Q. And so with respect to your conversations with Mr. [Jeff] Olson [Nerium’s CEO] relating to his insistence that he get a product manufactured by someone other than Nerium Biotechnology or Nerium International, how did that affect your relationship with him?

A. I had a — a really great relationship with Jeff up through May of 2013, and everything changed after I had my stroke. The pursuit of money and the pursuit of power in that company became something I had never seen before, and I think that’s primarily what has separated us.

Q. (By Mr. Levine) Is Mr. Olson’s pursuit of power and money?

A. Yes.

Q. And is it fair to say that you saw his creation of this product from a third party as a way he could pursue both power and money?

A. Yes.”

Q. Tell me what — how did the discussion go? That’s what I’m asking you. What did he say and what did you say?

A. He basically told me he’s got another partner called CosMax that’s going to become a manufacturer for us and that I need to get on board and get in line with the future of the company; that the vast future of the sales of the company is going to be in Asia and I need to get in tune with that.

Q. And he was talking about the sale of Optimera through CosMax?

A. Yes.

Q. And so he was going to distance himself on the NeriumAD and head towards Optimera and CoxMax?

Q. (By Mr. Levine) Is that what he told you?

A. He specifically told me that. He told me that I need to be prepared and that I need to realize that we may end up losing 60 percent of our sales force in theUnited States over this issue, that don’t worry about it, we’ll weather the storm. I know what I’m doing. I’ve done this before. You’ve just got to trust me.”

6. Undoubtedly, Nerium’s alleged $100,000,000 damages campaign against the Contractor Defendants is designed as misdirection play to pacify its independent distributors.

C. The Court Should Require Nerium To Tailor Its Discovery Given The Pending Special Appearances.

7. Concurrently herewith, Don Creek, Lisa Cox, Anna Woodward, and Global Skin Solutions, LLC have filed special appearances and requested a stay of discovery (the “SpeciallyAppearing Defendants”). A stay is appropriate to require Nerium to focus its discovery on jurisdictional issues now that the Temporary Injunction is resolved. 5

8. Nerium’s sole basis for jurisdiction is the alleged consent to jurisdiction (ostensibly based on some contract). The Court has jurisdiction because the damages sought are within the Court’s jurisdictional limits, and further because the Brand Partner Individual Defendants and their respective entities (Paradise Life, Inc., MD Enterprise, LLC, Global Skin Solutions, LLC, and Cultur LLC) consented to jurisdiction in Texas.

9. Even a cursory review of the discovery sought by Plaintiff reveals it is not narrowly tailored to a consent to jurisdiction.

10. Additionally, a stay is appropriate in this case as Nerium does not have an enforceable agreement, ancillary or otherwise concerning most of the Contractor Defendants given the illusory nature of its Policies and Procedures Manual (the “P&P”).

11. In 2012, when most of the Contractor Defendants enrolled in Nerium,8 not only were the restrictive covenants that Nerium now relies on not present, Nerium reserved the right to unilaterally change any provision it saw fit.

12. In a true bait and switch scheme, it is apparent that Nerium simply added in whatever provisions it wanted based on its unilateral ability to make amendments, amendments which it now attempts to use to obtain $100,000,000 against the Contractor Defendants.

13. Nerium is fully cognizant of this defect as the Dallas Court of Appeals has already weighed in on the illusory nature of the P&P when evaluating Nerium’s attempt to enforce a forum selection clause against a former Brand Partner (presumably the same provision Nerium will rely on in this case).

Further, in their reply brief, Nerium has failed to show the trial court erred in concluding the forum selection clause was unenforceable. The introduction to the

Policies Manual provided, “[T]he Company reserves the right to amend this Policy Manual by publishing or transmitting amendments as it deems appropriate.” Section 11.07 of the Policy Manual, the specific provision concerning amendments, provided Nerium could amend the Manual “at any time without prior notice” and that such amendments were to be effective and binding on the Brand Partner as of the date of issuance. Generally, if a party can unilaterally modify or terminate a purported agreement, without prior notice, the agreement is based upon an illusory promise and is unenforceable. According to Nerium, the forum selection clause is not illusory because any amendments were not effective “retroactively,” but only as of the date of issuance. We disagree. Section 11.07, which allows all amendments to be effective immediately, does not limit any amendments to future conduct or future disputes.

14. The bedrock of Nerium’s $100,000,000 claim rests entirely upon the shifting sands of its ability to slip changes into the P&P, which it apparently has done no less than fourteen times in the past four (4) years.10 The enforceability of the P&P is relevant, not only to the Specially Appearing Defendants, but also to the other Contractor Defendants, and should be resolved prior to expensive and aggressive discovery maneuvers by Nerium.

15. Nerium’s discovery complaints are not targeted at the issues of consent to jurisdiction, the only plead basis for jurisdiction in this matter. Nerium complains about (a) communications between Woodward and Sheena Nap-Brooks; (b) incomplete text messages, Facebook messages, and emails; (c) WhatsApp messages and Zoom materials; and (d) attachments to certain produced strings. There is no predicate that such information is relevant to the Specially Appearing Defendants alleged consent to jurisdiction. As such, Nerium should be required to reserve its discovery specifically tailoring such discovery to jurisdictional issues.

16. With regard to the redaction issue, Nerium incorrectly assumes that Texas privileges apply, without laying any factual predicate for the same. Mrs. Woodward is a resident and citizen of the State of Texas and received the communications in the State of Washington. Under Texas state law, the privilege should be evaluated under Washington law as it has the most substantial relationship to the communications.

CONCLUSION

Accordingly, the Contractor Defendants respectfully requests that Nerium’s Emergency motion to Compel be denied, that it be ordered to reserve written discovery in accordance with the typical non-emergency guidelines with the Texas Rules of Civil Procedure, that such discovery be narrowly tailored in accordance with the jurisdictional claims it has made, and for all such other relief to which they may be entitled.

02/21/2017 |

Young Living Appoints Ben Riley As Global Sales Leader

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Young Living Appoints Ben Riley As Global Sales Leader

 

Young Living Essential Oils, the largest essential oil company in the world, today announced that Ben Riley has been appointed as Executive Vice President of Global Sales.

Riley was selected to replace Eddie Silcock, who left the company to pursue another path and spend more time with his family.

“We are honored to have Ben take over the reigns and lead our global sales initiatives. In his time at Young Living, he has already established himself as a proven leader with our sales team, employees, and members alike,” said Jared Turner, Young Living Chief Operating Officer.

“We thank Eddie for his leadership and the energy he brought to our sales department over the past two years. He created a strong unity within our team and developed a global vision that has helped take Young Living to the next level worldwide.”

Riley joined Young Living in 2016 to oversee global sales and immediately began making a significant impact. As Regional President of North America, Riley developed and integrated sales strategies, oversaw field leadership support, and ensured the success of Young Living’s field leaders across the United States and Canada.

He has more than 15 years of experience in the network marketing industry and sales, and he spent more than 10 years managing businesses internationally.

“Ben is a strong leader with a wealth of experience in sales and the direct selling industry, and I have full confidence he will continue expanding Young Living’s presence across the globe,” said Silcock.

“I am grateful to Young Living for the opportunity to have been a part of this amazing organization and for the relationships I have developed. I will greatly miss the members and colleagues with whom I have shared this wonderful experience.”

About Young Living Essential Oils

Young Living Essential Oils, LC, is the world leader in essential oils, with a strict Seed to Seal® process to produce pure essential oil products for every individual, family, and lifestyle. This process ensures that all products are genuine, free of synthetic chemicals, and pure.

This commitment stems from the company’s 20 years of stewardship toward the earth and its people. For more information, visit YoungLiving.com.

02/20/2017 |

Igor Alberts And Andreea Cimbala – OneCoin Achieve $1 Million Per Month

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Igor Alberts And Andreea Cimbala – OneCoin Achieve $1 Million Per Month

 

In May 2016, Igor Alberts and Andreea Cimbala archieved $450,000 in commission per month. Last month they achieved $1 Million per month.

Igor Alberts – born in the Netherlands and his partner Andreea Cimbala have joined OneCoin and the One Dream Team late 2015 and announced Euro 89.000 ($95,000) in monthly income in November 2015.

They are part of the Steinkeller Brothers dream team.

A remarkable achievement by their fast growing team.

Andrea Cimbala stated:

‘It’s an amazing feeling to share our achievements with all the people in the team. Everybody supports each other. I love the fact that my saying get’s proven over and over again! ‘

“There is no exercise better for the heart than reaching down and lifting people up.”

Igor says:

Normal means mostly average. Normal is boring. Normal is just doing the same every day. Getting the same results over and over. I don’t want to be normal, I don’t want to be mediocre, I don’t want to be average, and for sure I don’t want the average standard results, I didn’t agree to all of that to live a life always financially running behind the facts of unpaid bills and living a stressful life facing the normal situation of the most horrible disease called Empty Pockets. Getting stress and hard brain stomach or other normal 21 century stress disease problems.

I want to excel, I want to live an incredible life, leave a mark, and make dreams come true. Do you want to be normal? Or do you want to Change and becoming the one destined to be? Becoming the Legend that lead your family into financial freedom, prosperity and happiness. When you are ready to become the one destined to be the MLM Industry is ready for you. Become the Legend your family is waiting for.

 

OneCoin Top Earners per month earnings:


02/20/2017 |

Jeff Olson – CEO Nerium International Accused Of Massive Fraud

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Jeff Olson – CEO Nerium International Accused Of Massive Fraud

 

Nerium SkinCare and Nerium Biotechnology, partners of Nerium International, accuse CEO Jeff Olson from multi-million dollar fraud and ask in a lawsuit, inspection of the books.

From the law suit:

Nerium (Skincare) has recently obtained concrete evidence of numerous inappropriate transactions—totaling millions of dollars—that were directed or overseen by Jeff Olson, the Company’s sole Manager.

This evidence leaves no room for doubt that Olson is guilty of financial impropriety; now the question is the scope and extent. Nor is there any room for dispute that the Company previously underpaid Nerium by millions of dollars in equity and bonus distributions.

After Nerium filed its application to compel records inspection and served discovery regarding the Company’s equity allocations, the Company was finally forced to admit that its prior equity allocations were wrong. Yet it refuses to provide Nerium the information needed to calculate what it is owed.

To compel an inspection, the Court need not find that financial impropriety occurred. Rather, Nerium has an absolute right to inspect the Company’s records to understand its finances. The Company’s sole defense is to establish that Nerium has an improper purpose. And to be entitled to a jury trial on that issue, the Company must marshal substantial evidence and show that there is a genuine dispute that Nerium’s purpose is improper.

Texas law presumes that Nerium has a proper purpose, and the Company cannot overcome this presumption—especially in light of the evidence of fraud and self-dealing. It cannot reasonably dispute that a purpose of this inspection is for Nerium to understand where all the money is going and how much it is owed, a core purpose for statutory inspections under Texas law.

The Company has not made an equity distribution to Nerium since February 2015. It has never made a bonus distribution. It is purchasing less and less NeriumAD as it shifts from selling that to selling Optimera. In short, it is trying to win by cutting off Nerium’s income—and diverting it to Olson—until Nerium is forced to close its doors. The need for an inspection has become increasingly urgent.

In 2015, the Company reported an amazing $498 million in revenue. Still more amazing, however, was that it reported a net loss of $2.6 million.

It remains a mystery how $500 million could vanish in a single year, but financial records recently obtained from third parties and Defendants are shedding light. Nerium is now aware of several different illegal financial schemes described below, but these appear only to scratch the surface.

1. FARC, LLC.

Olson has directed the Company to disburse over time more than $3.5 million in Company funds to an entity called FARC, LLC (hereinafter “FARC”). In the spring of 2015, Nerium’s CFO, Lori Jones, discovered a collection of these mysterious payments (in $15k and $150k increments) scattered and buried in a Company ledger of over 100,000 entries.

After this discovery, she and Joe Nester asked Jeff Branch (the Company’s Chief Financial Officer) to explain who FARC was and what services or goods it was providing to the Company. Mr. Branch stated that the expenditures were not something Nerium should concern itself with. He directed further inquiry to the Company’s General Counsel, Eric Haynes. When asked the same question, Mr. Haynes responded that FARC was engaged for “business development purposes,” and refused to explain more.

Only after a third-party subpoena was served upon FARC did the Company produce underlying documentation. It turns out that Olson bound the Company to a secret agreement with his long-time friend Steve Bright, to transfer enormous wealth from the Company to Bright, through FARC. FARC was created on August 26, 2011 for the apparent purpose of receiving these payments. That same day, Bright’s wife Vicki entered into the agreement whereby Olson purportedly

(1) transferred 3% ownership in the Company to FARC;

(2) agreed to pay FARC 5% of the revenues Olson received from the sale of promotional items or sales tools under the Company Agreement; and

(3) agreed to retroactively place a phony sales distributorship at the top of the Company’s sales pyramid, whereby FARC would be paid commissions as one of the top earning sales distributors without actually performing services as a sales distributor for the Company. In exchange for these lucrative promises of Company cash, FARC tendered just “ten dollars and other good and valuable consideration.”

Nerium did not know about this wealth transfer. On its face, this “agreement” has no business purpose and violates the Company Agreement’s prohibition against transfers of equity. Company Agreement §§ 13.01 and 13.06. But even that purported transfer does not explain the payments to FARC, which were not made as equity distributions. They were made on a monthly basis in round numbers and booked as “consulting” or “legal” payments—checks for $15,000 and $150,000. Bright would personally come to the Company offices and pick up the checks.

The payments were made with the knowledge and approval of Mr. Haynes and Mr. Branch. At one point, a bookkeeper requested backup in the form of a bill, but apparently there was none, and the bookkeeper was instructed to make the payments anyway. Not coincidently, once Nerium filed this lawsuit, Mr. Branch discontinued the $150,000 monthly payment “until further notice,” and paid only the $15,000 checks.

No effort has been made to legitimize these payments of Company money, nor has anyone explained why they chose to use an entity named “FARC” instead of the names of the people actually benefitting. Only through third-party discovery has it been revealed that FARC, LLC’s sole member is the FARC Special Trust.17 The Settlor and Trustee of the Trust is Vicki Bright, Steve Bright’s wife.18 Bright is Olson’s long-time personal attorney and friend.19 The beneficiaries of the Trust are the Bright’s two children.

The only plausible explanation for the creation of “FARC” was to hide payments to Bright. When inquiry was made regarding the payments, Company executives lied and continued to conceal the nature of the transaction. It remains unknown what other role Bright may have in this conspiracy and whether he (as Olson’s attorney) is helping him set up the system of legal entities and phony vendors into which he funnels money.

2. NEFX, Inc.

Mr. Branch, the Court will recall, was the Company’s CFO and the only person Mr. Olson allowed into the “silo” surrounding the Company’s internal financial data. It now appears that to ensure Mr. Branch’s loyalty, he received additional “compensation” of $10,000 per month, to be funneled through a corporation owned by Mr. Branch—NEFX, Inc. (hereinafter “NEFX”). Although already an employee of the Company for several years, on December 8, 2104, Jeff Branch executed an agreement between NEFX and the Company, which characterized NEFX as an “independent contractor” retained to advise the Company on “investment transactions,” in exchange for $10,000 per month from the Company. NEFX is nothing more than Branch, who already was the CFO of the Company – responsible for overseeing investment transactions.

The agreement, which was only recently disclosed following a subpoena served on NEFX, calls for NEFX to received $2,500 a week beginning December 8, 2014.  Records now demonstrate that Mr. Branch surreptitiously received in excess of $300,000 through NEFX.23 Based upon documents only recently obtained, it appears that on at least one occasion, on January 16, 2015, Mr. Branch submitted an invoice in order to receive an additional $75,000 “bonus”, which was promptly approved and paid, although it does not seem to have been recorded on any of the Company’s ledgers or financial statements.

Plaintiffs requested all documents from both the Company and NEFX which would demonstrate that actual services were provided to the Company from NEFX, and were told that none existed. Mr. Branch has admitted that the payments were simply additional “compensation” which he was to receive through NEFX. In September 2016, Mr. Branch left the employment of the Company. On his way out the door, the Company agreed to pay him $125,000 annually for “consulting” services and, perhaps more importantly, his silence.

3. Amber and Renee Olson

Amber Olson is Jeff Olson’s daughter. Renee Olson is Jeff Olson’s ex-wife. Each has been a salaried employee of the Company since 2012. Recently produced documents reveal that, besides paying their salaries, Jeff Olson created phony distributorship positions for them, placing them at the top of the pyramid of brand partners where they could receive monthly “commission” checks as leading distributors—without actually distributing anything. To hide these payments, phony distributor names were entered into the accounting system.

For Amber Olson, the distributorship was called “Gator Marketing.” For Renee Olson, the distributorship was called “Chill Development.” Secret payments to Gator Marketing exceeded $1 million and payments to Chill Development exceeded $700,000.

Other disguised payments were also made to directly to the Olson family. The Company booked a “real estate bridge loan” to the law firm of “Stone & Bruce” in the amount of $347,000. Nerium only later learned that this money really went to Renee.

To hide that transaction, it had been recorded on the ledger as an “investment – CD” with “Stone & Bruce- Real Estate Bridge Loan” in the memo line. To further mask it, the funds were wired to Stone & Bruce’s IOLTA account. Interestingly, Dan Bruce, of Stone & Bruce, is the registered agent for FARC, LLC and several other Olson entities. He also prepared the Company Agreement.

4. Stuart Johnson

On the surface, Stuart Johnson appears to be the owner of “Success Partners,” a vendor that purports to provide marketing aids. He also happens to be Olson’s long-time friend. The Company paid Success Partners in excess of thirty-five million dollars ($35,000,000) through the third quarter of 2015.

In addition, Olson has directed the Company to pay over $400,000 in rent on Johnson’s Hermosa Beach, California beach house, including a $25,000 charge that was approved by Olson personally and over the phone for “leasehold improvements to California office.”The Company has no “office” in California.

Other personal payments to Johnson appear scattered throughout the Company’s books. For example, ledger entries and bank statements reflect a $200,000 payment to Stuart Johnson on April 2, 2015, which (revealing their true purpose) was later re-booked as a “distribution” to “JO Products.”

In other words, in the minds of Olson and Branch (who keeps the books), payments to Stuart Johnson and payments to JO Products are one and the same. (Incidentally, this so-called “distribution” to JO was not accounted for as one. A corresponding distribution was not credited to JO Product’s equity account and there was not a pro-rata distribution to NSC).

Other money paid to Johnson is not accounted for. The Company reported in other documentation recently obtained that it disbursed $145,000 to Johnson in 2015.

Beyond the single $200,000 payment in 2015, there is no evidence that the Company paid any monies to Stuart Johnson, which raises the possibility that an additional $145,000 was paid to Stuart Johnson under yet another “alias” entity or distributorship.

Discovery has revealed that, in transferring this wealth to Johnson, Olson was lining his own pockets. At least $2,600,000 was secretly funneled directly back from Johnson (Success Partners/Video Plus) to Olson (or Olson-owned entities) between 2011 and 2015. In addition, Olson’s personal expenses—and debts from when he was with the “Poker Training Network”—were paid by Success Partners, who in turn billed Nerium International for them.In other words, Olson was using Johnson to  siphon funds out of the Company. The full extent of this scheme is unknown, which is why the Company’s books and records must be examined.

Additionally, the Company paid Johnson, or a related entity, at least $400,000 to acquire an entity known as “Live Happy.”The business purpose for this is unclear.

Full document can be found here

02/20/2017 |

WOR(l)D Global Network Sells More Than 200,000 HELO Units

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WOR(l)D Global Network Sells More Than 200,000 HELO Units

 

According to a WOR(l)D Global Network press release:

Helo Classic has sold more than 200.000 units in few months and there are thousands and thousands of happy customers that are improving their lifestyle with… the technology.

Network marketing is changing: Technology is the new frontier.

When you’re an IT pioneer, the biggest challenge is to find new roads to innovate. It’s not an obsession but the will to find better paths available to improve the world around us. The Project HELO was a unique opportunity for WOR(l)D to put in place a new way of understanding wellness, without the common borders we were used to.

HELO has become a real movement, within which the words Life Sensing Technology find fulfillment. The secret is sharing, the sharing of a single project for a common well-being, achieved through research and technology.

Their data will be used to improve REALLY the world, thanks to research, development, studies, sharing targets. How do we take a further step forward in this? How do we reach even more ambitious shared goals? All this can only improve if it is even more brave, raising the bar even further.

For this reason, today, with the arrival of HELO LX, HELO Project begins its journey to becoming open. What does it mean?

It means that all developers and programmers will have access to the specifications of our wellness band to write plugins for our App and extend the features of HELO. It means possibly even connecting our HELO to your treadmill or a smart balance.

Our OpenAPI provides the coders all they need to even write their own App, increasing the supply and multiplying the benefits. OpenAPI allows direct access to the raw data of our bio-sensor. For the first time ever, a wellness band has thought about wellness with developers in mind, as an active part of the community.

Once you have created your App or your plugin, any developer can send it to the dedicated HELO App Store, the place to search for plugins for fitness, health, diet, training and so on. What HELO doesn’t perform today, it will perform tomorrow, all thanks to you.

HELO is a complete project, which brings user benefits, business benefits, and benefits for developers. It’s a truly memorable moment: you will see the app grow every day, with new features, new capabilities, new measurements, and new possibilities.

You determine the success of a plugin or an app for your HELO. You will drive the development by requesting new features and tracking the future. Well-being is such only if it’s shared. In addition, with OpenApi Business, also a new business opportunity is on the way, for all the developers and the members that everyday will promote HELO and its apps and plugins.

This is a real new economy that creates opportunities in the Digital Marketing. Maybe, this is the Digital Network Marketing.

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

02/19/2017 |

Nerium International Now Open For Business In Hong Kong

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Nerium International Now Open For Business In Hong Kong

 

A leader in science-based, age-fighting skincare products, Nerium International has officially opened for business in Hong Kong.

Nerium International is proud to introduce its Age-Defying Night Cream, NeriumAD™ Formula, Age-Defying Day Cream, NeriumAD ™ Formula, and Firming Body Contour Cream, NeriumAD™ Formula to consumers across Hong Kong.

Nerium International launched in 2011, and, since then, the direct selling powerhouse has achieved record-breaking sales and has earned several industry accolades, while providing business opportunities and building countless consumer fans throughout the U.S., Canada, Mexico, South Korea, Japan, Australia and most recently Colombia.

The luxury skincare products contain innovative ingredients that fight the signs of aging.

“We are honored to introduce our revolutionary products and pioneering business opportunity to consumers across Hong Kong, a country known for its sophisticated people who have an on-trend beauty and fashion style,” said Nerium International Founder and Chief Executive Officer Jeff Olson.

As a thriving market for both the global anti-aging skin care segment and direct sales industry, Hong Kong is the ideal market to grow our Asia-Pacific presence.”

In addition to introducing first-of-kind, science-based products and groundbreaking business ventures, Nerium International opened its Hong Kong Brand Center at 1407 Lippo Sun Plaza, No. 28 Canton Road, Tsim Sha Tsui in Kowloon.

The Brand Center allows consumers to learn more about Nerium International’s products and serves as a resource center for Nerium International’s Independent Brand Partners who sell the products, training them with advanced relationship marketing tools and materials to help grow their personal businesses.

“We decided to open our first Nerium International Brand Center based in Hong Kong in Kowloon. It’s in an accessible area known as the urban shopping, arts and entertainment district. This serves as a great location to support the business and ensure the success of Independent Brand Partners,” Olson said.

Overseeing Hong Kong operations is General Manager of Hong Kong Eris Ching, a well-versed sales professional who has effectively led daily business operations for direct sales companies based in Hong Kong. Ching manages daily operations and new business development and assists as the liaison between Nerium International’s global headquarters in Dallas, Texas and the new Hong Kong office.

“I am grateful to join the Nerium International family and introduce our extraordinary products and entrepreneurial opportunity to the people of Hong Kong,” Ching said. “Nerium International is a company with a culture rooted in a philosophy of loving, caring and sharing, and I am very proud to be a part of this organization.”

Nerium International’s loving, caring, sharing philosophy is based on its mission of “making people better.” This mission is fulfilled by its executives, corporate employees and Independent Brand Partners across the globe through its Nerium Ripple Foundation, which encourages all to take responsibility and collectively change the world by partnering with organizations such as Big Brothers Big Sisters, World Vision and the SUCCESS Foundation.

For more information on Nerium International, please visit:http://www.neriuminternational.hk/.

About Nerium International

Based in Addison, TX, Nerium International is a global relationship marketing company with Age-Defying products crafted from cutting-edge research and science. Founded in 2011, Nerium International has shattered industry sales records while developing a strong customer base in North American, Latin American and Asia-Pacific markets.

This unprecedented success has allowed Nerium International to generate $1 billion in cumulative sales after just four years. Nerium International was recognized for its historic growth by ranking No.1 on the 2015 Inc. 500 List of fastest-growing private U.S. companies in consumer products and services and No. 12 in overall, as well as No. 38 on the 2016 Direct Selling News’ Global 100 List.

Led by an executive leadership team with vast domestic and international experience, Nerium International is committed to providing an excellent product line based in real science and providing its Independent Brand Partners with a life-changing and outstanding business opportunity through relationship marketing. For more information, please visit: http://www.nerium.com.

02/19/2017 |

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