Posted by System
The owner of the network marketer Zrii LLC has lashed out with a scatter-gun legal strategy against former employees and distributors who left the company or were terminated after a failed bid to buy the company amid allegations of gross mismanagement. Zrii has filed three lawsuits -- in Utah, Delaw...
Posted by System
On February 17, 2009 Zippi board of directors and majority shareholders announced their approval of a 1000 to 1 reverse stock split.This following shortly after a March, 2008 10-1 reverse stock split. Investors originally holding thousands of shares of Zippi stock checked their accounts to find 1 s...
Posted by System
USANA Health Sciences Inc (NASDAQ: USNA), a provider of science-based nutritional supplements, declared on 10 March that the company has entered into an agreement with the Great Britain Short Track Speed Skating Team as the team's official supplement supplier for a term of two years. The team is ...
Posted by System
Natural Health Trends Corp.announced today that it had obtained a temporary injunction in its lawsuit against Terry LaCore, the Company's former director and executive officer, and Mr. LaCore's new company, bHIP Global, Inc. As previously disclosed, the Company sued Mr. LaCore and bHIP Global, Inc. ...
Posted by System
Everyone knows the best and easiest diet plan for losing weight. You eat less, eat healthier, and get some exercise.These days, environmentally conscious people want to go on a different diet. They would like to reduce the size of their carbon footprint, or go on a carbon diet, if you will.But it's ...
Posted by System
As the recession breeds layoffs, pay cuts and job uncertainty, the direct-selling industry appears to be reaping the benefits as workers seek supplemental income.Dan Howard, professor of marketing with Southern Methodist University?s Cox School of Business, said that in a recession, many workers are...
Posted by System
Two-ounce bottles of natural lavender body oil moved along the line at the Watkins Inc. manufacturing plant in Winona, Minn. Watkins has been manufacturing on the same block in Winona since 1885, back when founder J.R. Watkins rode around in his horse-drawn buggy.Small comforts: A retail concoction ...
Posted by System
Mannatech, Incorporated, a leading developer and provider of proprietary dietary supplements, weight management products and skin care solutions, today announced the company has reached a settlement with the Texas Attorney General's office for a July 2007 civil complaint. The Texas Attorney General ...
Posted by System
The Longaberger Co. announced Thursday one of its largest layoffs in recent years, affecting 295 employees at the corporate office building in Newark and manufacturing facility in Dresden.The basketmaker announced the elimination of 120 management, administrative and support positions and a reductio...
Posted by System
Even for the sometimes strange world of network marketing, the meltdown at Zrii LLC is extraordinary. Thirty-five employees have resigned, including the entire top level managers at the promoter of a drink based on health claims from the juice of an Indian fruit. The executives left after a failed a...
Posted by System
Usana Health Sciences on Monday reported a significant drop in profits for 2008 because of a previously reported $7 million arbitration award against it and fluctuations in foreign currencies. Usana shares dropped 7.7 percent to finish at $20.08 after it projected an increase of earnings per share o...
Posted by System
Univera, Inc., best known for the ground-breaking cell renewal formula AgelessXtra® and a pioneer in the development of scientifically-validated natural health products, today announced the release of Solanyx?, a 7-day, timed-release product that provides high-potency doses of natural, immune-boosti...
Posted by System
LifeVantage Corporation (OTCBB: LFVN), the maker of Protandim® - a dietary supplement clinically shown to induce the body?s own antioxidant defenses - today announced that celebrity talk show host Montel Williams has signed an agreement with the company as an independent distributor. Montel Williams...
Posted by System
Pre-Paid Legal Services Inc.said Monday its fourth-quarter profit rose 26 percent, helped by a smaller income tax provision.The company reported net income grew to $14.7 million, or $1.27 per share, compared with $11.7 million, or 92 cents per share, a year ago.Revenue edged down 1 percent to $114.9...
Posted by System
Enter Xocai a division of the popular and trusted Reno based health food manufacturer MXI corporation. A delicious healthy chocolate medically endorsed for its powerful health benefits suitable for diabetics vegetarians and safe in pregnancy. The ingredients have been scientifically proven to have m...
Posted by System
Mannatech, Incorporated (NASDAQ: MTEX), a leading developer and provider of proprietary dietary supplements, weight management products and skin care solutions, today announced that its Board of Directors declared a quarterly cash dividend on Wednesday, February 18, 2009 of $0.02 per share of common...
Posted by System
Michael Ellis, founder of the diet pill company Metabolife, just completed a six-month term in federal prison. Ellis pleaded guilty to lying to the Food and Drug Administration about a letter that claimed no customer complaints about Metabolife.In a new book, Ellis said the he did not know about th...
Posted by System
February 11, 2009 (FPRC) -- [Salt Lake City, UT] ? On January 31, 2009, in the Hilton Anaheim in California, Dallin Larsen, founder and president of MonaVie, addressed a captivated audience of more than 30,000 people, both live and via webcast. The green Lamborghini Murcielago at the front of the ba...
Posted by System
LifeVantage Corporation (OTCBB:LFVN), the maker of Protandim® - a dietary supplement clinically shown to induce the body's own antioxidant defenses - today announced that some of the most sought after and highest producing independent distributors in the network marketing industry have joined LifeVa...
Posted by System
Melaleuca, Inc., of Idaho Falls, Idaho, has issued a voluntary recall of select lots of Attain® Nutrition Bars Chocolate Peanut Butter flavor, ProFlex15? Protein Bars Chocolate Peanut Butter flavor, and ProFlex20? Protein Bars Chocolate Peanut Butter flavor in response to an expanded recall by Peanu...