Jason O'Toole, ViSalus Nr. 2 Top Earner was rewarded with $1 million bonus in June 2011.

Jason went from over $100K in debt and never making it in mlm, to earning over $200,000 as of April 2012.

Jason is in his early 30s. All a very true inspiring story.

Sales at ViSalus increased $20.6 million or 157% from $13.1 million in fiscal 2010 to $33.7 million in fiscal 2011. This growth is a result of a 330% increase in distributors on a year-over-year basis.

Sales revenue up to  $234 million in fiscal 2012.

A review about ViSalus with more Top Earners can be found here

http://www.youtube.com/watch?v=lISxnYgCxLc

Jason O'Toole and Jennifer Creamer

Trey Knight becomes #2 income earner and has reached pin level of 500K with the Limu Company earning $60,000+ per month.

What makes that impressive is that he has done it in only 8 months hitting the rank of 500K faster than anyone in company history… 46 year old former Turnaround guy from corporate America who spent years working in USA, Mexico and Asia. Trey lives in Florida, USA and spends most of his time helping to find and develop the next generation of Direst selling entrepreneurs.  

Six years ago he was introduced to the Network marketing Industry by a friend.  Trey saw the industry as a no risk way to create a long term option to corporate America.

Trey's success is amazing, with no team transition, he hit the top of the compensation plan in less than 6 months. Reaching rank of 100k in 30 days, 200k in 60 days and now setting company record hitting the rank of 500k in six months. One of only two people to hold the position as of April 2012 earning over $150,000 dollars in Bonuses and over $60,000+ per month in income.

In April Trey became the only leader in company history to develop a new 500K. Ted Nuyten had the honor to interview Trey Knight.

Trey, who introduced you in the world of Network Marketing. Why were you interested in the business model?

I was introduced to the industry 6 years ago by a friend.  Like so many people I knew nothing about the industry a friend invited me to a home meeting which I attended only out of respect for my friend.  Had no intention of doing it was just checking of the box and supporting my friend.

Once seeing the presentation was blown away!  I knew the business model it was like any other middleman business the only difference they took the advertising budget and used it to pay people for personally referring the products or service.

What really got me was the fact for $500 I could own my own business and with a little work could get my initial investment back very quickly eliminating any downside or risk in my opinion.  It was a no brainer.

How did you start with building up your first team, "out of the blue" or did you have a smart plan?

I started like everyone else initially.  No plan, called everyone I knew and verbally threw up all over them and had little success. 3 months later met an individual who introduced me to personal development and began to mentor me. I became a sponge, reading and listening to everything I could about the industry and personal development. Went to every meeting I could, talked to leaders listened to what they did and then simply did exactly what I saw the most successful ones doing.

Two years later I became the #5 earner in that company and never looked back.

http://www.youtube.com/watch?v=1BteY25NjN0

The Limu Company is not your first MLM, why did you selected the opportunity and why was your due diligence so positive?

After going to the top of two companies I was looking for a company that was real! I wanted a company where everyone had a chance to have the kind of success I had realized in the Industry.  The Limu Company was a six year old profitable, debt free company with proven products led by an Industry Icon Gary Raser that was getting ready to relaunch itself as one of the next generation companies.  I could not afford to miss the opportunity and was able to be a big part of what we call "The Limu Experience"  www.mylimuexperience.com….

We are revolutionizing the way in which the Industry is attracting new customers and promoters.  Since Sept 15, when we launched the The Limu Experience we have seen double digit growth month over month, 600% growth April 2011 vs. April 2012.

What is really amazing is we are doing it with the 96%'ers. New blood, coming in and because of the play we run having great success…..

 Why did you team up with your sponsor?

I don't have a sponsor.  I am direct to the company. The company has created a bridge to allow the average person to step into Network Marketing and have success.

What advice would you give a "Newbie" in general

The best advice I can give is two fold, One get started! Find a company that you can get passionate about and get in.  Second; Don't quit! Unbelievable wealth and freedom are created in this Industry by the people who stay.

Find a mentor someone who is successful in the industry, someone you can relate to then get in their pocket, soak up all you can then just go out and do it!   

The Limu Company is currently doing approximately $40 million in revenue, were do you think the company will be in 2 years?

At the rate we are going to a very special place.. Double digit growth month over month for 8 of last 9 months, 600% year over year growth since launching The Limu Experience  in Sept 2011.

Not many companies in  our economy that are having the success we are.  Limu is one of the best kept secrets in the industry….  Fortunately based on our recent success the cat is out of the bag….

Does the company have plans to open foreign markets?

LIMU products are now available in 19 countries, including Japan, Taiwan, Canada and Australia.

Contact details Trey Knight:

Website:   www.treyknight.com

Facebook: www.facebook.com/jointreyknight

Nick Sarnicola together with his wife Ashley,  are the Nr. 1 Top earners in ViSalus. They are living in Florida, USA. As of April 2012 they hit $260,000 per month and are ranked Nr. 26 in the revised Hall of Fame.

He is a veteran of network marketing having been involved with the industry for a decade. Nick co-founded ViSalus in 2005 and served as the company’s Chief Sales Officer until January 2010. Nick resigned as Chief Sales Officer and enrolled as a Body by Vi Challenge Promoter, moving up the ranks like anybody else new to the Challenge.

Nick built only one sales distribution channels in those ten years and became a multi-millionaire by the time he was in his mid-twenties.

With homes in places like South Beach and Grand Rapids, he travels North America supporting his team. He stars, along with 5 other members of Visalus, in “The Pyramid Thing,” a reality series, and is the author of “Arrive by 25: What Your Parents & Professors Don’t Know About Money.”

A review about ViSalus with more Top Earners can be found here.

ViSalus Team Leaders

Business For Home got through a furious German MonaVie distributor a shocking Youtube video (Direct Selling Leaks).

The entire USA downline of former Black Diamond Joe Licciardi who left the company last month, is moved down the Genealogy and inserted into – Alexander Herr- Purple Diamond's organization in Germany.

In MLM moving downlines is controversial…. Free money for the new upline….. and considered not ethical.

I reached out to MonaVie management for an official response which is as follows:

Open the video in youtube, only then you get the comments / overlayer!

http://www.youtube.com/watch?v=4_vjN-aAeWk

Talk Fusion is founded by Bob Reina. Bob began his relationship marketing career as a part-time income earner while working full time as a Police Officer. Graduated first in his police academy class, Bob holds a degree in Criminology from the University of South Florida. Starting in the US in 2007, the Video Email Product offering expanded into over 85 countries. Talk Fusion's story began with a vision for a revolutionary product and the determination to make it happen.

In 2004, Talk Fusion Founder & CEO, Bob Reina, wanted to email a 10-sec video to friends. America Online said it couldn't be done; Bob believed it could. With the help and expertise of an IT genius friend, together, they achieved the seemingly impossible and perfected the idea of putting videos into emails.

Starting in the US in 2007, the success of our crystal clear Video Email Product quickly spread around the world. Today, Talk Fusion continues to gain global momentum. We've expanded into over 85 countries and become the 8th largest online video content provider in the world—surpassing known industry giants such as Yahoo, AOL, Viacom, CBS and MegaVideo. Talk Fusion is a member of the Direct Selling Association (DSA) and the Direct Selling Educational Institute (DSEI) in Dubai, an organization dedicated to enforcing ethical practices and professionalism in Direct Selling. Estimated Company revenue 2012: $80+ million.

Products

Video email.

The Video Email Product has developed into seven products: Video Email, Video Blog, Video Share, Video Auto Responder, E-Subscription Form, Video Conferencing and Fusion Wall a 3-D social and business networking site. Talk fusion is a great alternative for more expensive Webinar and Video Conference software (f.i. Cisco's Gotomeeting software) and autoresponders.

Compensation Plan

A binary compensation plan with a $25 cycle plan. Start packages: Executive: $250 +$35 subscription per month, Elite Package: $750 +  $35 subscription per month.  Fast Start Bonuses are a way to earn income quickly. Each time an Associate or Customer purchases a Product Package, you will earn a Fast Start Bonus. There is no limit to the number of Fast Start Bonuses you can earn. For every Executive Package you sell, you will earn $20. For every Elite Package you sell you will earn $60.

There are 6 Ways to earn income with Talk Fusion.

• Fast Start Bonuses
• Team Commissions
• Bronze Maker Bonuses
• Mega Matching Bonuses
• Advancement Bonuses
• Leadership Pool

Corporate leadership

Bob Reina Founder & CEO	Jeanna Dickson VP Global Operations	Susie Reina VP Business Operations	Dr. Jonathan Chen Director of Information Technology
Jason Lickliter Chief Technical Officer	John Neubauer President	Allison Roberts VP of Training & Development	Michael Piotrowski Director of Marketing

Talk Fusion Alexa Ratings: Improved rating from 1,847 (Januari 2012) to 1,658 and 4,083 websites are linking in, compared to 164 in April 2011

Talkfusion Facebook Likes: 14,422

Talk Fusion Top Producers:

Minh & Julie Ho	Mark Genovese	Bernhard Sammer	Steve Mitchell
Ron Wright	Andrew & Nancy Burling	Robert Conley	Mark & Vondalyn Robinson
Harald Steger	Zoltan Acs	Leslie Brown	Stefan Tenk
Rob and Stephney Roder	Joe Syverson	Tim Kugler	Janos Nagy
Lucea Mai	Aleksander Perevezentsev	Andrey Agafonov	Sophie & Johnny Chung
David Zauner	Nelis van de Wateringen	Hagen Horst	Simon King
Krisztina Kalmar	Istvan Szabo	Franz & Reinhard Strommer	Marian Babiak
Randy and Julie Lim	Mike Kiefer	Martin Kir	Peter Lopar

Talk Fusion Top Earners – The est. earnings are as follows:

The other part of this content is protected for Platinum members only, you need a SUBSCRIPTION. Please click here to get a Subscription

DISCLAIMER:

The information contained in this website is for general information purposes only.  While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of Business For Home. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Every effort is made to keep the website up and running smoothly. However, Business For Home takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

Budapest, Hungary – 12th May 2012

SiteTalk – The Opportunity Community, today announced the new brand name of ‘OPN – The Opportunity Network’ that will be taking over the operations of the direct selling side of the business. This new brand name was launched at the company’s Global Convention held in Budapest, Hungary, in front of 2,500 attendees.

The social media platform of SiteTalk.com has extended the original direct selling business far beyond the borders of Scandanavia, and even Europe, with some of the greatest markets for now being those within Asia.  It didn’t take long before the world headquarters was moved from within Europe to Singapore, the business heart of Asia, to enjoy a closer proximity to some of these fastest growing markets.

“We felt that our nickname – “The Opportunity Network”, describes well who we are as a company today, and what our main focus is, so we decided to formalise that identity and make it our new official name – OPN” announced Rune Evensen, CEO of OPN.

OPN was also pleased to launch at this convention SiteTalk 2.0 which is the latest version of the social media platform that drives the OPN business oportunity.  SiteTalk 2.0 features new shopping “Deals” that allows SiteTalk users to take advantage of great shopping discounts created in their local markets.

“At any given time, OPN is working on a dozen or more new marketing concepts – ways to deliver more products, sales and benefits – to the millions of users of the free social media platform SiteTalk.com.  OPN is known as the company that delivers opportunites, and I think the new name of “Opportunity Network” is a perfect fit that describes in essence what we are all about”, said Kenny Nordlund, Network Director of OPN.   

For Further Media Information Contact :

Christopher Cooper

OPN Global Sales & Marketing Director

Direct +65 6818 3013 | Mobile +65 9754 8857

chris.cooper@sitetalk.com | www.sitetalk.com

#17-01 The Arcade, Collyer Quay, Singapore

MonaVie burst onto the scene in 2005 and has quickly become a leader in the health and wellness industry. By providing an avenue for better health and financial well-being through its premium quality nutritional products and rewarding opportunity, MonaVie offers a timely solution to today’s challenges.

MonaVie blends antioxidant nutritional power with an opportunity that can allow you to capitalize on the surging health and wellness industry.

The MonaVie Scientific Advisory Board provides guidance and insight in the development of the unique, proprietary formulas. This distinguished group of independent medical and scientific professionals possesses an exceptional level of expertise pertaining to nutrition and food science.

By becoming a MonaVie independent distributor, you can share MonaVie products with others while taking advantage of the rewarding compensation plan—with 10 ways to earn Income. Estimated revenue 2011 $475 million, 3 million distributors.

Highlights

•     No. 18 on Inc. 500 2009 list; No. 1 in Food & Beverage category
•     Direct Selling News $100 Million Club 2009
•     Direct Selling News $100 Million Club 2010
•     Ernst & Young LLP Entrepreneur of the Year® Dallin A. Larsen
•     CEO of the Year by Utah Business magazine
•     Named Fastest Growing Company in Utah by MountainWest Capital Network
•     Ranked No. 1 in Fast 50 edition of Utah Business magazine

Products

Health Juices, Energy Blends, Weight Solutions.

MonaVie Compensation Plan

A binary compensation plan. As a MonaVie independent distributor, you are an entrepreneur who, from day one, has a distinguished research and development team, a product that everyone can benefit from, a fully staffed sales and marketing team, and a friendly customer support staff dedicated to your success. MonaVie offers an innovative and dynamic compensation plan in the direct selling industry.

With 10 ways to earn income and 50% of the sales volume paid out in distributor commissions, MonaVie is a powerfully rewarding opportunity.

• DIRECT SALES AND PREFERRED CUSTOMER BONUS
• TOP RETAILERS BONUS
• BULK ORDER BONUS
• FIRST ORDER BONUS
• STAR MAKER BONUS
• TEAM BONUS
• GROWTH BONUS
• EXECUTIVE CHECK MATCH BONUS
• LEADERSHIP BONUS
• MULTIPLE BUSINESS CENTERS

MonaVie Corporate leadership

Dallin Larsen – Chairman	Henry Marsh – Vice Chairman	Randy Larsen – Vice Chairman	Dell Brown – President
Jeff Cohen – CMO	Rob Ferguson – CIO	Kale Carlile – COO	Randy Schroeder – President

MonaVie Alexa Rankings: Worldwide rank 23,619 and 3 Months growth 35%

MonaVie Facebook Likes: 114,655

MonaVie Top Producers:

MonaVie Top Earners – The est. earnings are as follows:

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]]> http://www.businessforhome.org/2012/05/monavie-review-2012/feed/ 2 http://www.businessforhome.org/2012/05/usana-under-fire-short-sellers-hits-again/ http://www.businessforhome.org/2012/05/usana-under-fire-short-sellers-hits-again/#comments Sat, 12 May 2012 16:35:14 +0000 Ted Nuyten http://www.businessforhome.org/?p=16754

 

Seeking Alpha is the premier website for actionable stock market opinion and analysis, and vibrant, intelligent finance discussion.

Seeking Alpha was named the Most Informative Website by Kiplinger's Magazine and has received Forbes' 'Best of the Web' Award.

On 11 May the website launched an all out attack on USANA through certified affiliate website Shortzilla, questioning the USANA MLM business model and the distributor to customer ratio with the next article:

---

USANA Health Sciences: Investors Need To Know The Truth About This MLM Company

We are initiating a short position in USANA Health Sciences (USNA) at an average price of $40 per share. Stop loss set at $44. We noted previously that we were watching Herbalife (HLF) after David Einhorn grilled the company regarding its breakdown of sales among its sales associates and actual paying customers.

Herbalife hemmed and hawed after being confronted with Einhorn's questions and our guess is that Einhorn is most certainly looking at HLF as his next target (it could be unveiled at the Ira Sohn conference next week).

Problem is that we see a lot of headline risk now with a short on HLF and are taking a back door approach by shorting USNA – one of HLF's competitors – and from what we can tell one that allegedly appears to be bending the rules even worse than HLF. Plus, while HLF got slaughtered on the Einhorn revelation – down 33% – USNA didn't take quite the beating.

About USANA

USANA, like competitor Herbalife sells, nutritional supplements, foods and other healthcare products. The company does not sell direct to consumers and relies instead on "associates" to hawk its products.

New associates are required to purchase a starter kit for $29.95 from USANA and in order to start earning commissions are required to purchase from USANA at least 200 points worth of merchandise (a point is approximately $1.20, so roughly $240 just to start earning). This number is 400 points if you elect to open three business centers. Read more about the comp plan.

Like other MLMs, USANA associates are encouraged to aggressively recruit new associates, so that they can build their "downline." I won't get into details here, but in my conversations with former USANA associates, the sales meetings at USANA are heavily focused on the recruiting as opposed to actual sales of the product.

In order to continue earning commissions, associates are required to purchase at least ~$120 (or 100 points) worth of product every four weeks – or $1,560 worth of product per year. If you opt to run three business centers, that number increases to required 200 points every four weeks.

In my opinion, the bottom rung associates attempt to stay alive by signing on new associates who are required to purchase overpriced product in order to collect commissions. The majority of revenue made by USANA and the majority of commissions paid (mainly to the top 1% of associates) comes from the hundreds of thousands of distributors who are all purchasing product in order to be "commission eligible" and participate in the business venture. If USANA removed the requirement to personally purchase any product in order to collect commission, the company would be worth a fraction of its current value.

Pyramid Scheme Or Legitimate Business?

Many have called the MLM business model a glorified pyramid scheme, and in all reality it's not too far from the truth. Back in the 70s, the FTC ruled that MLM company Amway was not an illegal pyramid scheme since the Amway system was based on retail sales to consumers.

In the ruling-the FTC noted that Amway was not a pyramid scheme due to several rules that were in place – including the 70% rule that Einhorn referenced on the HLF call. The bottom line regarding the 70% rule is that the distributor should not reorder unless product which has been previously purchased has been passed on to the ultimate users.

The 70% rule is a big deal in the MLM world and while it is not a statute it is inherently a part of most MLM programs. The rule in a nutshell is meant to try and prevent distributors from stocking up on inventory in order to boost or even achieve a level in order to earn commissions. But how many are actually enforcing it?

This is what made the Einhorn questioning so crucial – HLF couldn't give a straight answer on the percentages. This question-and non-answer is really a sign to us that HLF and the other MLM's are in trouble:

 

David Einhorn

So what is the percentage that is actually sold to consumers that are not distributors?

Desmond Walsh

So we don't have an exact percentage, David, because we don't have visibility to that level of detail.

So if Herbalife or any other MLM can't provide us with the percentages of what is being sold and to whom, could it be that the business is being kept alive because of all the new distributors that are added year after year?

First, we would like to define in the words of the FTC what exactly entails a pyramid scheme. According to Debra Valentine, former general counsel for the FTC, a pyramid scheme might look like this (key in on the highlighted text):

 

They promise consumers or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public. Some schemes may purport to sell a product, but they often simply use the product to hide their pyramid structure. There are two tell-tale signs that a product is simply being used to disguise a pyramid scheme: inventory loading and a lack of retail sales. Inventory loading occurs when a company's incentive program forces recruits to buy more products than they could ever sell, often at inflated prices. If this occurs throughout the company's distribution system, the people at the top of the pyramid reap substantial profits, even though little or no product moves to market. The people at the bottom make excessive payments for inventory that simply accumulates in their basements. A lack of retail sales is also a red flag that a pyramid exists. Many pyramid schemes will claim that their product is selling like hot cakes. However, on closer examination, the sales occur only between people inside the pyramid structure or to new recruits joining the structure, not to consumers out in the general public.

So, now that we have a better understanding of a pyramid scheme, let's take a closer look at some of the numbers at USANA:

• As of year end 2011, USANA had 222,000 active associates and 64,000 preferred customers (ones that are solely buying product and not earning commissions)
• 90% of 2011 sales were from the associates
• Associates (we're assuming that all associates are only running one business center) are required to make a minimum purchase every four weeks of roughly $120 in order to continue receiving commissions
• $120 * 13 * 220,000 associates = $346 million in sales just on these required monthly purchases
• Total Sales for 2011 – $581 million. Meaning that 60% of overall sales are just from the monthly minimum requirement – 60%

Let's get back to that definition of a pyramid scheme:

 

Inventory loading occurs when a company's incentive program forces recruits to buy more products than they could ever sell, often at inflated prices. If this occurs throughout the company's distribution system, the people at the top of the pyramid reap substantial profits, even though little or no product moves to market. The people at the bottom make excessive payments for inventory that simply accumulates in their basements.

This is indeed alarming, and exactly what Einhorn was getting at on that HLF call. These associates are keeping the boat afloat for USANA and for the top tier associates, who are reaping the profits for the failed endeavors of the new and current associates who are losing money.

And let's not forget the statement from the FTC about sales "often at inflated prices." We intend to provide some further research into the excessive costs of USANA's vitamins, shakes, nutrition bars, etc. Here's the price list for USANA's products.

As an example of the ludicrous prices being charged, check out the Peanut Butter Nutrition Crunch Bars, which for a pack of 14 bars retails for $34.74, or nearly $2.50 per bar. The bars which are 39 grams contain 150 calories, 10 grams of protein, and 14 grams of sugar.

A larger 68 gram Clif Bar Crunchy Peanut Butter Bar can be purchased at Wal-Mart for less than $1 per bar. If we adjust the nutritional values for the ClifBar to those of the USANA bar based on size, the Clif Bar has 140 calories, 6 grams of protein, and 12 grams of sugar. Bit less protein, but lower sugar.

Therefore the USANA bar is nearly 150% overpriced (and 40% smaller than a very comparable Clif Bar) . And this is just one example. 150% seems to be a normal markup for the products, which are not unique or proprietary. I've heard some USANA fans throw out this crazy analogy:

 

"Well you pay $5 for a box of Girl Scout cookies, and those can be purchased at the grocery store for $2/box."

Very true, but when purchasing Girl Scout Cookies I'm supporting a charity, not a for-profit Multi Level Marketing company.

The Truth

Let's talk a bit about Associate Turnover at USANA for a moment, something that USANA has failed to provide at any point in any of its SEC filings or conference calls. With the help of USANA Watchdog, we are providing a chart which shows that associate turnover is likely greater than 80%.

The data compared the number of low level associates – Sharers and Believers who also make up the largest portion of overall associates. (This information was taken from USANA reports in 2005 and 2006 – the last time it was made available). In 2005, there were 28,244 Sharers and Believers with on average roughly 50% expected to be promoted to at least a Builder (the next highest level associate). In 2006, we should have seen at least 14,122 new promotions, yet there were only 2,619 promotions, meaning that 81.5% of the initial Sharers and Builders likely dropped out of the program.

(Click to enlarge)

Let's also discuss the "Five Customer Rule" which is part of USANA's policies and procedures. Again a big thanks to USANA Watchdog who alerted us to this information. They have a great writeup on the Five Customer Rule. According to USANA:

 

Associates must develop or service at least five customers every four-week rolling period.

OK, so this means that the 222,000 active associates must be selling to 1.1 million retail customers. (minus 64,000 preferred customers – ones who are just buying product and not earning commissions).

Big problem is that USANA does not actually verify this. In the policies and procedures, they state:

 

"Associates must retain all retail sales receipts for a period of two years and furnish them to USANA at the company's request. Records documenting the purchases of Associates' Preferred Customers will be maintained by USANA."

From USANA Watchdog:

 

USANA could not possibly be enforcing the five customer rule because they do not even know how many retail customers the associates have. USANA does not even know the retail customer's names. USANA has no record of associate's retail sales because they don't keep record of it in their database. I believe it is because the retail customers do not even exist.

The following is from USANA's 2007 first quarter preliminary conference call on April 4, 2007:

 

USANA Q1 Preliminary Earnings Call

Time into conference call – 1:10:47 to 11:11:38

Dave Wentz: "… To say that 14% of our sales is to customers is completely ridiculous and misconstruing the facts and it doesn't also include all of the retail sales that our distributors make on after we get the products to them that we don't have the names. They keep their retail customer lists to themselves and they own those retail customers so to speak, and service them by providing the products directly to them and the company does not know who they are, does not have contact with them. So completely misconstrued allegations."

Doug Lane with Avondale Partners: "There's a component of users of USANA products that you don't even have in your database. Those are the retail customers of your distributors, correct?"

Gil Fuller & Dave Wentz: "Absolutely correct."

My question is this: How does a company that is supposedly in the business of selling a group of retail products not know who or how many retail customers it has? This will likely never be answered by USANA because they know the real truth. The majority of USANA's retail customers are in fact its own associates. The ones that are required each and every month to re-order between $120-$240 worth of products just to continue receiving any commissions.

Are these the hallmarks of a legitimate or ethical business? Not to mention that all of USANA's products are completely overpriced (click here to see the price list) with nothing offered that would be considered unique or proprietary.

There's more to come on this one as we are prepared to offer more and more details on USANA's business and what we see as major concerns. The big note and big risk that we must mention is the short interest for USANA – it's huge as nearly 32% of outstanding shares were short as of April 13th. That's a big number – one that we normally would stay away from. But given what we see as a company that could eventually be labeled a fraud we are willing to take the risk. Be aware that there is a big risk for a short squeeze if any little piece of positive news hits.

Also, there is a huge amount of insider ownership – founder Myron Wentz owns greater than 50% of the company. Plus, the company has increased its share repurchase of late, which could prop up shares in the near term. We're not scared. We think that it's time that investors know the truth about USANA.

Disclosure Shortzilla: I am short USANA.

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The original article can be found here

]]> http://www.businessforhome.org/2012/05/usana-under-fire-short-sellers-hits-again/feed/ 13 http://www.businessforhome.org/2012/05/top-earner-ranks-confidential-form/ http://www.businessforhome.org/2012/05/top-earner-ranks-confidential-form/#comments Thu, 10 May 2012 20:22:35 +0000 Ted Nuyten http://www.businessforhome.org/?p=16672

 

Please fill in this form if you want to be listed in the Top Earner rankings or you have an update. Your information is considered highly confidential.

I never, ever share my SOURCES, but for me this is an effective way to keep track on all the information I get.

 

Your earnings will be published as "Estimated" without any source info – Ted Nuyten

]]> http://www.businessforhome.org/2012/05/top-earner-ranks-confidential-form/feed/ 0 http://www.businessforhome.org/2012/05/amway-more-than-54000-new-platinums-and-above/ http://www.businessforhome.org/2012/05/amway-more-than-54000-new-platinums-and-above/#comments Thu, 10 May 2012 11:25:28 +0000 Ted Nuyten http://www.businessforhome.org/?p=16657

 

More than 54,000 new Platinums and above for Amway in 2011 is reported by Amway watcher David Steadson.

It’s also been reported that all of Amway’s Top 10 markets experienced growth for the first 3 months of this year. Amway’s goal, set some years back, was $12 billion Sales revenue in 2012.

Nine of the top 10 markets for Amway, including China, India, Korea, Malaysia, Russia, Thailand, Taiwan, Ukraine and the United States, reported strong sales increases.

Japan recorded flat sales in the difficult period following the March 11, 2011 earthquake and tsunami. Markets posting double-digit increases in 2011 include China, India, Korea, Taiwan, Turkey and Vietnam, plus the Latin American region.

The facts:

• 6 new Crown Ambassadors
• 7 new Crowns
• 8 new Triple Diamonds
• 25 new Double Diamonds
• 83 new Executive Diamonds
• 339 new Diamonds
• 1,532 new Emeralds
• 1,641 new Rubies
• 12,454 new Founders Platinums
• 38,000 new Platinums

With more than 50 years of experience, Amway now holds the top spot in direct selling in key markets like China, India, Japan and Thailand, and is a recognized leader in the industry globally. Reflecting 2011's substantial gain, Amway has increased overall market share to more than 10 percent.

Amway parent company, Alticor Inc., announced in February 2012 global sales exceeding USD$10.9 billion for the year ended December 31, 2011. The results represent 17 percent growth over 2010 annual sales of USD$9.2 billion. This is the sixth consecutive year of growth for the company, which has posted sales increases 11 out of the past 12 years. 

New Crown Ambassadors

Yang K I and Cheng C	Mark & Marina Kaplun	Zhang Gui Jie & Zhang Fan	Xia Si Gao & Liang Wei Juan

 

http://www.youtube.com/watch?v=4rfxopcHLfY

 

Barry Chi and Holly Chen – Crown Ambassador 70 Founders Achievement Award Points (FAA) in 2011

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