MLM News

The Carlyle Group to Acquire PartyLite Parent Blyth
MLMNEXT   2015-09-02 20:42:10   0   0

The Carlyle Group has entered a $98 million deal to acquire PartyLite parent Blyth Inc., the New York-based private equity firm said Monday.

Carlyle, which manages $193 billion in assets globally, said it will pay $6 per share of Blyth, more than doubling the stock’s closing price of $2.92 on Friday. The offer has the backing of Blyth’s Chairman, Robert Georgen, and President and CEO, Robert Georgen Jr., who own a combined 38 percent of the company’s stock.

Candle and home décor brand PartyLite generated revenue of $347 million last year, placing it among the industry’s top 50 companies worldwide. Connecticut-based Blyth also markets consumer gifts and household products through Silver Star Brands, sold via catalogs and online.

“This is an important day in Blyth’s 40-year history,” Georgen Jr. said in a statement. “Carlyle understands what our team has accomplished and supports our vision for the future. Building on our strong consumer relationships, Carlyle, with its proven track record of growing companies, is the right partner to take PartyLite and Silver Star Brands to the next level of creativity and global growth.”

Carlyle Managing Director David Stonehill said the firm will focus on product innovation and global growth at Blyth. “We are particularly impressed with PartyLite’s network of 40,000 independent consultants who have remarkable passion for the company’s products. We are excited to support their efforts as we grow the company together.”

Source - http://bit.ly/1EzQP0K


Take Shape For Life President Appointed as Direct Selling Association Leader
MLMNEXT   2015-08-31 18:23:00   0   0

OWINGS MILLS, Md., Aug. 27, 2015 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, announced that Mona Ameli, President of its Take Shape For Life division, was appointed as the Chair of the Direct Selling Association (DSA) Diversity and Empowerment Council.

The Diversity and Empowerment Council strives to inform and support member companies on ways to achieve greater business success through effectively reaching and serving more diverse customer populations and partnering closely with DSA leadership to develop and implement strategies that expand access to a range of direct-selling opportunities for a diverse populace.

"Mona has been a dynamic member of the Council since its inception and her personal and on-the-ground experience will be instrumental in advancing the DSA's diversity objectives," said Meg Sheetz, CEO of Take Shape For Life. "Mona is well recognized in the industry for her dedication, compassion and leadership within the direct selling world, including her advancement and empowerment of minorities."

"I am pleased that Mona has accepted this important position within the Association to engage our Board," said Joseph N. Mariano, DSA President. "Her experience and stature on diversity issues is well-known and well-respected across the industry, and we look forward to her perspective and leadership."

Ameli was ranked among the Top 20 Most Influential Women by Direct Selling News and was named one of the Most Powerful and Influential Women in the state of California by the National Diversity Council. As President of Take Shape For Life, Ameli partners with Council members to advance key initiatives and provide tools and guidance to help member companies enhance their diversity outreach.  The Council formally recognizes the best practices of those leaders who have created powerful programs that have had a positive impact on their companies' revenue and growth.

"We congratulate Mona on being named Chair of the Diversity and Empowerment Council," said Mike MacDonald, Chairman and CEO of Medifast. "With her proven track record championing issues of importance to women and minorities in business, she will be a great leader to the Council."

For more information on Ameli and Take Shape for Life, please visit http://www.tsfl.com.

MED-G

About Medifast:

Medifast, Inc. (NYSE: MED) is a leading United States manufacturer and provider of clinically proven and easy-to-use weight-loss and weight-maintenance products and programs. The company sells its products and programs via four unique distribution channels: 1) the web and national call centers, 2) the Take Shape For Life personal coaching division, 3) Medifast Weight Control Centers, and 4) a national network of physicians. Medifast was founded in 1980 and is located in Owings Mills, Maryland. For more information, log onto www.MedifastNow.com.

About Take Shape For Life:

Take Shape For Life® is the personal-coaching division of Medifast, Inc. The coaching network consists of independent Health Coaches who are trained to provide coaching and support to Clients using the Medifast weight-loss and weight management program and the Habits of Health System. For more information, log onto TSFL.com.

Source - http://prn.to/1KnFDa0


REVOLUTIONARY SYSTEM HAS BUSINESS OWNERS EXCITED TO BE A PART OF MORINDA’S SECOND ERA OF GROWTH
MLMNEXT   2015-08-31 18:11:30   0   0

TRUAGE OPERATING SYSTEM HELPS DISTRIBUTORS GROW THEIR ORGANIZATION IN JUST ONE MONTH

PROVO, Utah-27 August 2015-With the recent introduction of their TruAge Operating System, Morinda's Independent Product Consultants-or IPCs-are finding that it's never been easier to turn a little preparation into a lot of success. The simple and effective TruAge Operating System was built around the scientifically groundbreaking TruAge Scanner and has quickly become the premier business building tool in the industry.

The concept of the TruAge Core Operating System was introduced at Morinda's North American Business Summit, held in Snowbird, Utah, in July of this year. Strategically, the system was developed to find new people, make more sales and more effectively manage leads.

"Just like the operating system on a computer brings the computer to life, the TruAge Operating System brings your [Morinda] business to life," said Jeff Johnson, Managing Director of Marketing.

The Operating System involves a revolutionary lead and contact management tool. The tool gives users the ability to add their leads into automated marketing tactics and provides insight into the actions of each lead. Users are alerted when leads make a purchase, click a link or even read an email!

"There are other contact managers out there and they are really expansive and are not customized to Morinda," said IPC Trish Bain. "Now there is something that we can use as IPCs that will not cost a lot and is designed to help us succeed."

After just one month of access to the Operating System and lead management tool, IPCs are over the moon about the boost they've seen in their business.

"We already have seen great results from [the TruAge Operating System]!" raved IPC John Purcell. "We are really excited about where this is going to take us."

Enjoying what Morinda is coining as their "Second Era of Growth," IPCs continue to utilize the corporate-provided tools intended to help them catapult their personal businesses into the next level.

"The contact manger now offers IPCs with the opportunity to control their business, their contacts and watch it grow," said IPC Kitty Hilton. "My prediction is that with the help of the contact manager [my business] will increase by 40 percent."

Shon Whitney, Morinda's VP of Marketing, is pleased with the feedback the Operating System has had. However, he is not terribly surprised.

"Our Operating System is revolutionary in the industry," Whitney said. "We are breaking ground here, and our IPCs are already seeing the benefits."

To learn more about the TruAge Core Operating System, click here.               

About Morinda

Founded in 1996, Morinda is a global, research-driven company with a mission to use the power of nature to help people live healthier, longer lives. Cutting-edge technology and extensive research have allowed Morinda to develop an innovative TruAge product line, as well as other natural wellness products that reflect its passion to help people live younger, longer. Morinda is headquartered in Provo, Utah, and has a presence in more than 70 countries worldwide. Learn more at www.morinda.com.

Source - http://bit.ly/1JHidKs


Super Saturday Mega Event Offers Training to Stream Associates
MLMNEXT   2015-08-31 18:02:40   0   0

New and Seasoned Associates Receive Comprehensive Coaching on Building their Stream Business

Stream, a leading nationwide provider of services for the connected home, hosted its annual Super Saturday event on Saturday, August 1. Held concurrently at 29 locations in 16 states, including brand-new locations in areas where Stream is growing the fastest, this year’s event was Stream’s largest Super Saturday to date. Top leaders shared presentations packed with valuable information including training, recognition and exciting new announcements and promotions.

“Super Saturday is a great opportunity for both new and seasoned Associates to learn more about improving their business and electrifying their earning power. We had a great time at this year’s event – our biggest yet,” said Mark “Bouncer” Schiro, president and CEO, Stream.

Announcements During Super Saturday 2015 Included:

New fall promotion

Winners and new Associate rank advancements announced, including newest National Director Martha Troy and Summer of Independence grand prize winners James McInnis

Dates announced for next year’s Ignition and location of the 2016 Top Performers Trip

CEO Bouncer Schiro shared an inspiring message

“One of the best ways for us at Stream corporate to help Associates build their teams and expand their businesses is to host information-packed events, including Super Saturday. Associates get to meet and socialize, which is important for teambuilding,” said Adrian Avila, director of field relations, leadership development & recognition; Stream.

"What an amazing and incredible day! Just when you think this company can't do more to help you be successful, you go to an event like Super Saturday and see how much effort Stream puts into helping Associates grow their businesses,” said Stream Senior Director Rachael Collins. “Just being in a room with so many like minded people is motivation in itself.”

The Stream Opportunity gives people the chance to earn monthly income. Associates receive bonuses and incentives in addition to their Monthly Earned Income (MEI) on the path to National Director, including all-inclusive vacations, cruises and car programs.

About Stream

Stream (Stream Energy), headquartered in Dallas, Texas, is a leading nationwide provider of services for the connected home, including Energy Services, Mobile Services and Protective Services. Stream innovated the energy market in 2005 by applying a direct selling model to energy, generating more than $7 billion in total revenue in just ten years. Stream is consistently ranked as a top direct selling company globally, providing its Independent Associates with the opportunity to earn additional income.

Source - http://bit.ly/1KzonwR


Xyngular Among 50 Fastest Growing Companies in Utah
MLMNEXT   2015-08-31 17:39:25   0   0

Xyngular has been named one of the fastest growing companies in Utah and was honored as one of this year’s Fast 50 by Utah Business magazine.

LEHI, UT (PRWEB) AUGUST 29, 2015

Xyngular has been named one of the fastest growing companies in Utah and was honored as one of this year’s Fast 50 by Utah Business magazine.

Companies for the 2015 Fast 50 were selected for a combination of revenue growth and total revenue. In addition to their impressive revenue growth, Utah Business magazine celebrated this year’s winners for their entrepreneurial spirit and innovative business tactics.

Xyngular landed 33 on this year’s Fast 50 list as they continue to have record-breaking growth and focus on providing life-changing experiences of their Members.

“So many businesses look at their customers as their number one asset but don’t treat them that way, and yet in our case we don’t exist if they don’t have successful business experiences and product experiences,” said Xyngular CEO, Russ Fletcher. “We focus every day, every meeting, and every discussion on how are we making their lives better from a health and wellness stand point and a business standpoint and that philosophy has driven our success.”

Xyngular President, Marc Walker, has been with Xyngular since it began in 2009 and has seen it grow from a small company offering a single product to a multiproduct and multinational company that does nearly 50 million dollars in sales annually.

“Our amazing Members and their belief in Xyngular and its products have helped propel our company to unbelievable heights,” said Xyngular President, Marc Walker. “Our steady and intentional growth has helped change countless lives for the better, and here at Xyngular we are excited for the future and the chance to take our wellness and business opportunity to more people throughout the world.”

About Xyngular:

Xyngular is about changing lives. Founded in 2009, Xyngular features innovative, wellness-driven products designed to help people feel better, look better, and live better. For more information, visit xyngular.com

Source - http://bit.ly/1JHbWOZ


USANA Inc Makes Fast 50 List Once Again
MLMNEXT   2015-08-31 17:22:38   0   0

SALT LAKE CITY, Aug. 28, 2015 /PRNewswire/ -- Announced yesterday afternoon, USANA Health Sciences (NYSE: USNA) was named to the Utah Business Fast 50 List for 2015. This is the eighth time the Salt Lake-based nutritional company has made the list of the fastest growing companies in the state of Utah.

USANA was recognized at the Utah Business award ceremony based on its most recent five years of compound revenue growth. Notably, fiscal year 2014 marked the company's 12th consecutive year of record net sales.

"We're honored to once again be recognized by Utah Business for our consistent worldwide sales growth," said Paul Jones, USANA's chief financial officer. "We look forward to delivering yet another year of record sales for our stakeholders in 2015."

Not only has USANA grown substantially, but it has given back significantly as well. Just this past week, USANA held its international convention in downtown Salt Lake City, generating $8 million* in direct visitor spending to the city and state of Utah, with $2 million being attributed to hotel expenses alone.

* Total visitor spending figures are based on surveys of convention delegates conducted by the University of Utah's Bureau of Economic and Business Research (BEBR). Surveys conducted by BEBR over the last five years indicate the average delegate spends $930 while attending a convention in Salt Lake.

For more information about USANA, go to USANA.com.

About USANA

Founded in 1992, USANA Health Sciences (NYSE: USNA) is a U.S.-based nutritional company that manufactures high-quality supplements, personal care and healthy food products in its FDA-Registered Drug Establishment in Salt Lake City. Learn more about USANA by visiting our web site http://www.usana.com or the official USANA blog http://whatsupusana.com.

Media Contact: Ashley Collins

Executive Director of PR, Social Media and Communications

(801) 954-7629

media(at)us.usana(dot)com

Source - http://prn.to/1FcONyx

 


Modicare launches Samir Modi Azadi Plan
MLMNEXT   2015-06-26 13:29:31   0   0

Kangpokpi, : Modicare, one of the Direct Selling Companies of the country, has launched “Samir Modi Azadi Plan” at Kangpokpi Town Committee office today, reports our correspondent.

The programme was attended by Ramesh, director, the Royal Black Diamond Director, Dimapur and Boinu Haokip, director, Crown Diamond as the presidium members.

More than 70 individuals attended the launching programme.

Speaking at the occasion, Ramesh said that Modicare products including personal care, colour cosmetics, skin care, home care, laundry care, auto care, nutrition, health & wellness, food & beverages are developed by the Company’s highly experienced technical staff at its R&D centres with a mission to drive growth profitably through innovative business development processes.

He further said that “Samir Modi Azadi (Freedom) Plan” has been launched with completely new, world class and most contemporary range of products.

 

Source : http://bit.ly/1IBRwYm


Avon Hoax Suspect, Amway Innovation, and Getting Emotional
MLMNEXT   2015-06-26 13:25:46   0   0

Catch up on this week’s industry chatter with these click-worthy links:

  • The New York Times reported that the Securities and Exchange Commission has charged a Bulgarian man in its investigation into a recent false takeover bid for Avon. The lawsuit claims the man tried to manipulate the brand’s stock price—a scheme that, according to FORTUNE, earned the fraudster a whopping $5,000.
  • Amway, which recently introduced a weight-management plan based on a genetic test, has teamed up with medical diagnostics company Miraculins to research a method of fighting aging through skin pre-testing. Miraculins announced that a poster on the study—“The Association of Skin Glycation with Facial Skin Aging”—will be featured during the 23rd World Congress of Dermatology this month in Vancouver.
  • In its “Talking Management” video series, The Globe and Mail took a look at why companies need to understand emotional engagement. The London Business School’s Julian Birkinshaw points to Tupperware as an example of how business is more than just rational decision-making.
  • Drs. Tei-Fu and Oi-Lin Chen are the founders of family-owned health and beauty brand Sunrider International, as well as the new owners of the SLS Beverly Hills, a luxury hotel in California. Sunrider announced the purchase of the 297-room property in a deal with management firm sbe. The family’s real estate holdings also include the St. Ermin’s Hotel in London and the Sunworld Dynasty™ Hotel Group with sites in Beijing and Taiwan.
  • American actress Jaime King had good things to say about Mary Kay this week as she supported the company at a fundraiser in California. Speaking to The Hollywood Reporter, King shared her childhood memories of Mary Kay ladies and learning to use the cosmetics from her mother.

 

Source : http://bit.ly/1JGEWWl


Uttar Pradesh among few states yet to implement anti-ponzi law: Sebi
MLMNEXT   2015-06-26 13:22:28   0   0

Terming financial education and investor awareness a must to check the ponzi menace, regulator Sebi's Chairman U K Sinha has expressed concern that some states including Uttar Pradesh are yet to enact the law aimed at protecting the depositors' money.

The Sebi chief further said that Uttar Pradesh, despite being the country's largest state in terms of population, also fares very badly in terms of financial inclusion and in terms of penetration of authorised investment products like mutual funds.

The comments assume significance in the wake of a number of unauthorised investment schemes, including those offered by the Sahara group, have been found to have mushroomed in the state for many years.

While the Securities and Exchange Board of India (Sebi) Chairman did not name any entity engaged in such unauthorised pooling of money from investors, he said that investor awareness was a must to keep a check on such activities, through the government and regulators have taken a number of measures in this regard.

Addressing a seminar on financial education and investor awareness here, Sinha said that a lot of coordination is required among various agencies to check investment frauds.

"For that purpose, the Reserve Bank of India has started this concept of state-level coordination committee. This committee is headed by the State Chief Secretary and it meets every three months.

"The committee looks into every complaint, media reports, and other information that comes to its notice about money being collected in unauthorised manner or suspected to be unauthorised manner. Then it decides which agency will look into the particular matter," Sinha said.

"Since we created this mechanism last year, the instances of new efforts have come down substantially," he said, while adding that many states have also passed a law, which is called the State Depositors Protection Act, to check this menace.

Sinha said that as many as 20 states, including Maharashtra and Tamil Nadu, have enacted this law and the District Magistrate and other authorities can act whenever there is an instance of unauthorised money collection.

"However, Uttar Pradesh is yet to enact that. We have been requesting the state government that they should also enact the State Depositors Protection Act," he said.

Sinha further said that the chances of individuals getting trapped into unauthorised schemes become very high if there is not enough financial education.

"The second thing I will like to mention that there is a lack of inclusiveness in our financial markets. A study was conducted by RBI on banking penetration and related matters," Sinha said.

"They created an index of financial inclusion. On this index, a score of 1 was considered the best, 0.5 to 1 was very good, 0.3 to 0.5 was medium and below 0.3 was deficient.

"Only three states in the country could find a place in the top bracket of 0.5 and above and majority of states are in the below 0.3 bracket meaning the financial inclusiveness is deficient there and UP is one of those states.

Here the index was 0.24," Sinha said.

The Sebi chief also said the lack of financial awareness also leads to mis-selling of products by authorised agencies.

"Talking about UP, the population here is more than 20 crore, but I find that the number of mutual fund offices in the state is less than 10% of total in the country.

"If you look at the AUM of the mutual funds, it is just about Rs 26,000 crore here while the whole industry is more than Rs 11 lakh crore. It is just about 2.3%.

"The beneficial owner accounts in the country is 3.6 crore, while the same in UP is just 16 lakh. Even from this data, this becomes apparent that a lot needs to be done in this part of the country," Sinha said.

Sinha also said that improving the investment ratio was a must for the country to achieve a growth rate of 8% on a sustainable basis.

"In a country like ours, the incremental capital output ratio is around 5% and if you want to achieve a growth rate of about 8%, investments in the country have to be around in the range of 40%.

"In the best of the years, we have had the investment rate of about 35-36%, which has now come down to about 30%. If you also add the foreign direct investment, that will add to around 5%. So, against a requirement of about 40%, in the best case scenario today we have about 35% possible for the investment pattern."

"So there is a big gap. 5% or 6% is a big gap. And the worrying thing is that while we are talking about the domestic household savings or the country's domestic savings, we also must keep in mind that a major portion of our domestic savings does not go into financial markets.

"A major portion is getting into non-financial savings. What we mean by financial savings is banking system, the insurance system and the capital markets, which are competing with each other."

"You will discover that hardly 3% of the savings are into these securities markets. For a country of our size, we have around 3.50 crore investor accounts..."

"So what we are talking about is that there is a huge distance, a large distance to cover when we are looking the area that we need to cover in terms of the area of investments that need to be covered to reach a growth rate of 8%." Sinha further said that there is a huge opportunity lost for the Indians.

"Over a consistent period, the benchmark index, for example the Nifty, or the main index BSE Sensex, has given a return of 15% annually over a long period of time of 10 years or 15 years or 20 years.

"And if you look at the returns that you are likely to get from any other investments, you will find that there is a huge difference. That is an opportunity lost," Sinha said.

He said overseas investors have pumped in huge money worth over US $250 billion in Indian markets since the foreign portfolio investment route was opened up in 1992-93.

"In just one year 2014-15, we had around US $45 billion of money coming in. You will be surprised to know that a good portion of that money is from the workers all over the world (through their pension funds and other FII routes).

"So, workers of California, London or Boston are investing in our markets and taking advantage of the growth of our economy. But we as Indian nationals, if we are members of the organised EPFO for example, till about a month ago we were prevented...from investing in our markets.

"So, there is a huge opportunity cost which is being paid if we do not have the financial education," he said.

Sinha also said that the government and the regulators have created a system in the last few years where the trust in the market has been re-established and scams are becoming things of the past.

"While the trust has been re-established, we are now trying to make the investment process simpler," he said.

"Another important thing is that many of us are falling prey to grey market products or unauthorised products and the products that we need to be very careful about. This is not something which is happening in isolated pockets of India.

"In various parts of the country, efforts have been made over the several years to raise money by making unreasonable claims, making promises which are not sustainable," he said.

Giving example, Sinha said some collective investment schemes make promise that money will double in three years.

"People who are selling those products, they charge a 25% or so as commission. So if you have invested Rs one lakh, Rs 25,000 has gone as commission, then under what legitimate business, Rs 75,000 can become Rs two lakh in just three years?

"I fail to understand that. But this is what has happened in states after states for a long period of time." To resolve the issue of jurisdiction to handle such cases, Sinha said, Parliament has amended the Sebi Act to give extra powers to take action against any entity that has raised Rs 100 crore or more and was not registered with any other agency like RBI, MCA or Registrar of Cooperative Societies.

"In the last one year, we have been able to pass orders in 180 cases. We have passed orders banning them from raising money, we have also passed orders for recovery of money from them.

"We have already recovered Rs 25 crore, it is a small amount, but we were given these powers only last year. We have started working in this area," he said.

 

Source : http://bit.ly/1GwOrsb


Take Shape For Life Recognized as Leading Direct Selling Company
MLMNEXT   2015-06-26 13:18:33   0   0

OWINGS MILLS, Md., - Medifast, Inc., a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, announced today the company's direct selling division, Take Shape For Life, was recognized as one of the 20 largest members of the Direct Selling Association (DSA), a national trade association of leading firms that manufacture and distribute goods and services sold directly to consumers. The recognition, which was based on 2014 U.S. net sales, was announced at the 2015 DSA Annual Meeting in San Antonio, Texas.

This news follows an announcement the Company made in April after it was named to Direct Selling News' 2015 Global 100 and 2015 North American 50 lists, accolades that were both based on revenue generation.

"Take Shape For Life, since day one, has been dedicated to providing our network of Health Coaches and Clients with products, programs and tools to help them live an optimal life," said Meg Sheetz, CEO of Take Shape For Life. "Being named a DSA Top 20 Company is a testament to our work and mission to reach more people along their weight-loss, weight management and healthy living journey."

"I want to congratulate Take Shape For Life, not only for their track record of success, but also for their devotion to their Coaches and Clients," said Joseph N. Mariano, DSA's President. "By working together with leading companies like Take Shape For Life, we continue to ensure that ethical business practices and customer satisfaction are priorities in the marketplace."

"We are honored to be recognized again as a leading direct seller," said Michael MacDonald, Medifast Chairman & Chief Executive Officer.  "We are focused on growth within our Take Shape For Life division and continuing to help our Health Coaches realize success while supporting Clients along their optimal health journeys."

MED-G

About Take Shape For Life:

Take Shape For Life is the direct selling division of Medifast. Through Take Shape For Life, Clients can get a free personal Health Coach and mentor to guide them throughout the processes of weight loss, weight management, and the cultivation of lasting, healthy habits as defined by co-founder Dr. Wayne S. Andersen and the Habits of Health System. To learn more, log onto www.TSFL.com.

About Medifast:

Medifast is the leading easy-to-use, clinically proven weight-loss program. The company sells its products and programs via four unique distribution channels: 1) the Web and national call centers, 2) the Take Shape For Life personal health coach division, 3) Medifast Weight Control Centers, and 4) a national network of physicians. Medifast was founded in 1980 and is located in Owings Mills, Maryland. For more information, log onto www.MedifastNow.com.

About the Direct Selling Association:

DSA is the national trade association of the leading firms that manufacture and distribute goods and services sold directly to consumers. Among its more than 240 active and pending members are companies selling both via a party-plan method and in the traditional person-to-person style. In 2012, U.S. direct sales were more than $31.6 billion with nearly 16 million direct sellers nationwide. The vast majority are independent business people—micro-entrepreneurs—whose purpose is to sell the product/service of the company they voluntarily choose to represent. Approximately 90 percent of direct sellers operate their business part-time.

Source : http://prn.to/1B3oyxI


Herbalife Proud to Join Hispanic Association on Corporate Responsibility as Corporate Member
MLMNEXT   2015-06-17 08:44:22   0   0

LOS ANGELES--(BUSINESS WIRE)--Global nutrition company Herbalife (NYSE: HLF) is proud to join the Hispanic Association on Corporate Responsibility (HACR) as a Corporate Member. HACR seeks to advance the inclusion of Hispanics in corporate America. As a Corporate member, Herbalife is committed to supporting Hispanic leadership and promoting an inclusive work environment while continuing efforts to make Latino communities healthier. “As a company proudly invested in the Latino community, and one that recognizes the talent and power of Hispanics in the United States, Herbalife is excited to be part of the Hispanic Association on Corporate Responsibility,” said Ibi Fleming, Herbalife senior vice president and managing director of the North America region. “Hispanic inclusion is in our corporate DNA and we are eager to work with HACR to continue advancing Hispanic leaders in the workplace.” About Herbalife: Herbalife is a global nutrition company that has been changing people's lives with great products since 1980. Our nutrition, weight-management, energy and fitness and personal care products are available exclusively to and through dedicated Independent Herbalife Members in more than 90 countries. We are committed to fighting the worldwide problems of poor nutrition and obesity by offering high-quality products, one-on-one coaching with a Herbalife Member and a community that inspires customers to live a healthy, active life. We support the Herbalife Family Foundation (HFF) and its Casa Herbalife programs to help bring good nutrition to children in need. We also sponsor more than 250 world-class athletes, teams and events around the globe, including Cristiano Ronaldo, the LA Galaxy and champions in many other sports. The company has over 7,400 employees worldwide, and its shares are traded on the New York Stock Exchange (NYSE: HLF) with net sales of $5 billion in 2014. To learn more visit iamherbalife.com. Source : http://bit.ly/1BWgytt


Ponzy scheme mastermind might have planned scam in jail
MLMNEXT   2015-06-11 14:30:53   0   0

MUMBAI : Madras Cafe movie actress Leena Paul's live-in partner Sekar Chandrashekar had conspired to start a ponzy scheme in Mumbai while he was lodged at a Chennai jail in 2013. Chandrashekhar was arrested by the Chennai police in connection with a cheating case and was in jail for six months before being released on bail in January 2013.: "Chandrashekhar, who is in Mumbai police's custody right now in a Rs 10 crore cheating case, arrived in the city in the first week of February 2013. Within two weeks of his release from the jail, Chandrashekhar floated another bogus scheme in Mumbai. We have arrested him and Paul in the same case for luring investors of 200 and 400 per cent returns on their investments," said an officer. Paul, Chandrashekhar and four others were arrested last week for running multi-level marketing scam in Mumbai. Police have seized several cars, costly mobile phones, imported watches, and cash collectively valued at Rs 6.5 crore. "Paul and Chandrashekhar had planned to flee the country. However, Paul's passport has been impounded by the CBI earlier in a cheating case. Chandrashekhar is trying to save her by claiming the scheme was his brainchild and Paul had no role to play in it. However, we have got evidence that prove her involvement. She met investors and even collected their investment personally," the officer added. Paul, Chandrashekhar and others will be produced before a court on June 8. The city EOW will be writing the Bangalore and Chennai police to collect information about Chandrashekhar's case details. "He seems to be a habitual offender in economic frauds. He was released from jail and within a fortnight he floated another scheme. It indicates he had planned the scheme well much in advance. The cases he is involved in, will help us to understand his criminal activities better," said the officer. "We are trying to establish the exact flow of money. We are interrogating the accused and will establish about the missing over Rs three crore that they earned through illegal means," said Dhananjay Kamalakar, joint commissioner of police (EOW). More than 200 investors have approached the police since the news of this racket being busted appeared in newspapers. Source : http://bit.ly/1Hmq27x


Welcome to MLMNEXT World's first MLM Social Media Portal
MLMNEXT   2015-06-11 14:24:18   0   0

Happy Welcome Yes You are on the right platform. If you want to know more about us? Yes we are happy to inform you that MLMNEXT.COM is an international platform. Here you can create share and expand any of your business or MLM business to any corner of the world by using our hi-tech social networking feature specially developed for MLM Networkers, MLM Companies and to all those top leaders and beginners who really want to earn easily by expanding national horizons. MLMNEXT.COM’S vision is to create awareness of MLM Business over the internet by providing all in one single international platform for all the people who are directly or indirectly associated with MLM industry and business. MLMNEXT.COM will help people by providing latest information, news, trends, reviews and feedback about the various concepts and companies from all over the Globe. through reliable sources and own research. Our management and team always puts efforts round the clock to ensure that the members and visitors of MLMNEXT.COM are up-to-date the happenings of the industry. We will make the people aware of best company having stability in market best concepts in cost effective prices and best plan through which you can start your earnings and business very easily and freely For FREE. Simply register yourself to our website and enjoy socializing with like-minded people around the Globe. It is an unique international platform where you can greet and be friend with the people who are interested in the MLM/NON MLM industry all over the world. A platform which allows you explore the multi concepts with reviews and comments. And access to various companies advertisement from all over the globe. MLMNEXT.COM is a Global Networkers Platform, here everyone can chat share and build team and business by using the hi tech social networking features which includes live status update, live chat, post classified, post news, image and video sharing, post comments and exchange the personal information as and when required. By the members of MLMNEXT.COM MLMNEXT.COM is a new generation of free online classified, news and social networking platform. It acts as a Global platform for users/members from all over the Globe to post reviews, comment, discuss on Multi-Level Marketing Business and Multi-Level Marketing Companies.