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38M in Checks Recovered as CFO Flees TelexFree
Marlborough, MA, April 18, 2014 -- The chief financial officer of TelexFree, Joseph H. Craft, was stopped by a deputy sherriff as he attempted to leave during federal agents' search of TelexFree's offices this week. Craft told the deputy he was only a consultant assisting TelexFree with its bankruptcy filing. Craft was carrying a laptop and a bag containing nearly $38 million in cashier's checks made out to various company principals and TelexFree entities.
Chloe and Isabel Launches Mobile Events
New York, NY April 15, 2014 -- Chloe + Isabel, the jewelry brand that enables entrepreneurs to sell directly through a uniquely socially integrated retail platform, announced today the launch of its optimized mobile-only event experience, a direct-selling industry first. The unique mobile experience takes a modern approach to the in-home trunk show via mobile parties rooted in community building. Through social networking, Merchandisers can market Chloe + Isabel products to anyone across the country with flexibility and convenience that benefits both the consumer and Merchandiser.
TelexFree Headquarters Raided by Feds
Marlborough, MA, April 17, 2014 -- Agents from the FBI and Homeland Security, acting on a search warrant, raided the headquarters of TelexFree Inc. on Thursday after Securities regulators in Massachusetts filed a lawsuit against the company, accusing it of defrauding tens of thousands of investors.
LifeVantage Acquires New Product Line From Wicked Fast Sports Nutrition
Company Will Rebrand and Re-Launch Products Beginning in Fiscal Year 2015
MonaVie Receives Utah Genius Award
Salt Lake City, Utah, April 15, 2014 -- MonaVie received top honors at the 2014 Utah Genius Awards for their innovation in trademark earlier this month at the Little America Hotel. Bateman IP Law Group and KSL presented the award to MonaVie Vice President of Communications Brian Gill.
TelexFree Files for Bankruptcy
MARLBOROUGH, Mass., April 14, 2014 -- TelexFREE LLC today announced that it and certain of its subsidiaries and affiliates filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code, in an effort to address certain operational challenges. The petitions were filed in the U.S. Bankruptcy Court for the District of Nevada. TelexFREE intends to use the Chapter 11 process to optimize its selling platform, address its liabilities and position itself to emerge as a stronger and more competitive company.
State SEC Charges TelexFREE
On Tuesday, April 15th, Massachusetts Secretary of State William F. Galvin charged phone service...
Vemma Nutrition Company and Jenny McCarthy Introduce Vemma Renew
TEMPE, Ariz., April 11, 2014 -- Jenny McCarthy, co-host of The View, stopped by The Bryant Park Hotel in New York City to share her love for Vemma Renew . McCarthy shared her personal experience with Vemma Renew and how the low-calorie beverage offers her a healthy approach to beauty from the inside out.
ViSalus Continues Investment in International Expansion
LOS ANGELES, April 10, 2014 -- ViSalus, Inc., a leading marketer of high-quality weight-management products and nutritional supplements sold direct-to-consumers through an international sales force of independent Promoters, today announced the opening of its European headquarters. Building on recent successful launches in the United Kingdom, Germany and Austria, this new headquarters will serve as a base of operations to support all of Vi's international activities.
Origami Owl Donates To Childhelp
CHANDLER, Ariz., April 10, 2014 -- Origami Owl®, the national social selling company that specializes in customized jewelry, announced its partnership with Childhelp®, the nation's oldest and largest nonprofit advocating for abused and neglected children. Millions of students across the country will receive access to Childhelp Speak Up Be Safe, a comprehensive child abuse and bullying prevention education program, as a direct result of Origami Owl's financial pledge.
Vemma Changes Business Model
Company changes its business model after 89% growth reaching $221 million in 2013.
Alana Weston Joins Bellaroma National Development Team
WOODS CROSS, Utah--(BUSINESS WIRE)--Bellaroma today announced that top leadership and recruiting professional Alana Weston has joined the company’s national development team as Corporate Field Development Manager.
Detroit Free Press Reports ViSalus in Sales Spiral
By JC Reindl, Detroit Free Press Business Writer
ForeverGreen March Growth Over 400 Percent
March 2014 revenue up over $2 million from March 2013
ForeverGreen Unveils New Product
OREM, Utah, Apr 02, 2014 -- via PRWEB - ForeverGreen Worldwide Corporation, a leading provider of nutritional foods and other healthy products, showcased its new product SolarStrips on March 28, 2014. SolarStrips, which are currently available, utilize patented strip technology and ingredients which helps provide the body with nutritious food to properly function.
Vemma Launches Verve MoJoe
TEMPE, Ariz., April 1, 2014 -- Vemma Nutrition Company is excited to announce the launch of Verve MoJoe, the company's newest functional beverage in its already popular and healthy line of energy drinks. With just 60 calories, 1.5 grams of fat, 6 grams of all-natural sweeteners and 80 milligrams of natural caffeine per serving, MoJoe is perfect for both the coffee obsessed and the health-conscious coffee drinker.
Reliv Introduces New LunaRich Super Packs
Chesterfield, MO March 31, 2014 -- Reliv International, Inc., a maker of nutritional supplements that promote optimal health, today announced the launch of the LunaRich® Super Pack, a product package designed to facilitate new customer purchases and new distributor sign-ups. The launch took place through an online event on Saturday, March 29.
Chloe and Isabel Launches Its First Beauty Product
Chloe + Isabel, the direct-selling jewelry brand, announces the launch of its first beauty product, a fragrance called Jardins du Midi.
Vemma Concludes Fundraising Campaign for Childrens Miracle Network Hospitals
SCOTTSDALE, Ariz., March 25, 2014 -- Vemma Nutrition Company is proud to announce the recent completion of its fifth annual fundraising campaign for Children's Miracle Network Hospitals®. With a mission to make a positive difference in the lives of others, Vemma Nutrition Company's fundraising campaign aimed to provide support and relief for children and families in need.
Avidus Completes Purchase of Akea
VANCOUVER, BC and MESA, AZ, March 24, 2014 -- Avidus Management Group Inc. ("Avidus" or the "Company") is pleased to announce that it has made the $400,000 payment required under the asset purchase agreement (the "Agreement") with Akea, LLC ("Akea"), that was entered into last month. Asantae will now be able to proceed to full integration of the Asantae and Akea sales organizations, product lines and systems.
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