25 April 2008

Mannatech Launches Business in South Africa


PR Newswire
Mannatech, Incorporated (Nasdaq: MTEX), a developer and provider of dietary supplements and skin care solutions, announced today the launch of operations in South Africa. A continuation of Mannatech's success in international expansion, the South Africa opening marks the 11th country where the company does business.

"We're anxiously looking forward to introducing our proprietary and patented products in South Africa," said Mannatech's President and CEO Terry Persinger. "Years ago, South Africa was the first country to grant a patent for the technology related to the formulation of Mannatech's flagship product, Ambrotose complex." South Africa's rich legacy of using nature's biodiversity to address wellness aligns well with Mannatech's emphasis on natural ingredients.

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MLM Training Expert Tim Sales to speak at USANA Regional Celebration


PR Web
USANA Health Sciences, Inc, (NASDAQ: USNA) has invited trusted MLM training expert Tim Sales to speak at their Regional Celebration in Orlando, Florida on April 25-26.. Tim will teach USANA's associates the basic communication and inviting skills necessary for success in the multi-level marketing industry.

"USANA is a solid company, and is greatly respected in the network marketing community. I am honored that they would invite me back to speak to their associates and share the methods I've developed, the specific steps for how to invite prospects and how to handle common prospecting objections," said Tim.

USANA, one of the most established companies in the network marketing industry specializing in science-based health products, sponsors four major regional training meetings annually. At the next meeting, Tim will present effective and proven MLM training concepts that he personally developed to grow his own MLM business into a network of 56,000 strong.

Alticor subsidiary Fulton Innovations develops wireless charging systems


MLive
Imagine this: You place your cell phone, iPod and your power drill on your kitchen counter, come back an hour later and your devices are charged.

All this is done without digging up cords that need to be attached to the devices or the risk that your toddler electrocutes himself when he crawls up on the counter.

This is wireless power.

And it's the vision behind eCoupled Technology, a product developed by Alticor Inc.'s little known subsidiary, Fulton Innovations.

While few have heard of Alticor's patented innovation, eCoupled will make its debut later this year when several major manufacturers are expected to build it into everyday re-chargeable products such as laptop computers and cell phones.

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Cognigen Networks Announces Name Change, Reverse Stock Split and Other Corporate Changes


The Earth Times
Cognigen Networks, Inc. (BULLETIN BOARD: CGNW) , an Internet-enabled marketer and certificated reseller of communications services, announced today that it has completed the steps necessary to change its name to BayHill Capital Corporation, to consummate a reverse split of its common stock at a ratio of one-for-50, effective April 23, 2008, to re-incorporate under the General Corporation Law of the State of Delaware and to effect other corporate changes.
At a special meeting of shareholders held on March 31, 2008, Cognigen's shareholders approved proposals to change the company's name to "BayHill Capital Corporation," to effect a reverse stock split of Cognigen's common stock, at a ratio of one post-split share for each 50 shares currently outstanding, and to re-incorporate the company under the Delaware General Corporation Law. Cognigen shareholders also approved proposals to reduce the number of authorized shares of Cognigen capital stock from 320,000,000 shares (300,000,000 shares of common stock and 20,000,000 shares of preferred stock) to 100,400,000 shares (100,000,000 shares of common stock and 4000,000 shares of preferred stock) and to adopt the Cognigen Networks, Inc. 2008 Stock Incentive Plan.

16 April 2008

YTB International in preliminary talks on another acquisition


St. Louis Business Journal:
YTB International Inc. is in the preliminary stages of negotiations to acquire a wholesale travel company to complement its existing travel programs offered to its Referring Travel Agents (RTAs), according to a regulatory filing Monday with the Securities and Exchange Commission.

The company said it would not respond to questions or provide any further updates concerning the potential purchase until a deal is reached.

YTB has acquired two companies in the past six weeks. It bought Ontario, Canada-based Sunrise Travel Service for an undisclosed price on March 5 and purchased Meridian/Silver LLC, a Florida limited liability company, for $1.3 million on Feb. 29.

Waiora Sponsors Walk To Raise Autism Awareness


The Earth Times
Next month, two men from Massachusetts will begin The Elias Tembenis Walk for Autism, a year-long journey across America to raise autism awareness and funds to assist children with the diagnosis.
Robert Williams and Bobby Genese of Worcester will walk approximately 3000 miles in honor of Elias Tembenis, a seven-year-old boy with autism who passed away last November following a seizure. Tembenis family friends Williams and Genese hope to provide aid for the 1 in 150 now diagnosed with autism. "I'm honored to help," said Genese. "Even a waterfall begins with only one drop, giving rewards."
Elias was the only child of Harry and Gina Tembenis of Worcester. They wish to honor their son's memory by helping children like Elias. "We wanted to honor the light he brought to our lives by keeping the torch lit," said Gina Tembenis, "and passing that torch to other families rather than just letting that fabulous light go dark."

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IBOAI Board of Directors Calls MonaVie Initiative a Publicity Stunt


Business Wire
The Board of Directors of the Independent Business Owners Association International (http://www.iboai.com), the primary advocacy organization representing hundreds of thousands of independent business owners (IBOs) powered by Quixtar/Amway Global (http://www.quixtar.com), today issued this statement in response to an initiative announced by MonaVie, a direct selling organization that competes with Quixtar/Amway Global.

“The so-called ‘Global Free Agent Initiative’ announced by MonaVie on April 2 is, we believe, nothing more than a publicity stunt, as they cannot actually expect to overturn scores of Court rulings that support the concept of short-term non-compete agreements for independent contractors. Independent contractors in direct-selling organizations such as Quixtar/Amway Global possess unique knowledge and networks that they have built with the extensive support of their parent organization. The parent organization, and other independent contractors who do not wish to change their affiliation, deserve a degree of protection when any individual wishes to resign or is terminated from his business.

“There is also no coincidence in the timing of MonaVie’s announcement, coming on the heels of their being joined, with great fanfare, by terminated Quixtar/Amway Global distributor Orrin Woodward. Woodward, along with certain associates, is already the focus of a lawsuit alleging that he has encouraged thousands of independent contractors to violate their non-compete agreements in order to join with him at MonaVie and in his other business enterprises. MonaVie is also the target of a similar complaint. Starting with the day of his termination, Woodward has orchestrated an Internet-centered propaganda campaign which has hurt those to whom he was previously loyal, including thousands of Quixtar/Amway Global independent business owners.

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MonaVie Launches Global ''Free Agent'' Initiative


Business Wire
MonaVie LLC, creator of the leading nutritional acai blend beverage, today announced the launch of a worldwide campaign: “The Open Door — Network Marketing for the 21st Century.” The campaign calls on direct sellers and network marketers to end any and all policies and procedures that seek to bind their independent contractors with unfair and abusive non-compete agreements.

Punitive lawsuits against distributors who choose to leave network marketing companies have become a common tactic for a few companies within the industry. The goal of these suits is to discourage healthy competition and to impede distributors’ ability to make a living for themselves and their families. Even distributors who have fulfilled demanding non-compete agreements have been sued when they attempt to join another network marketing company years later.

“Non-compete agreements were designed for high-level corporate employees, not for independent contractors,” says Dallin Larsen, MonaVie founder and president. “Some network marketing companies use overly burdensome language in their agreements as a punitive tool to tie their independent contractors to them for life, often interfering with the individual entrepreneur’s ability to earn a living. It’s my belief that direct selling companies need to earn the trust of their most valued asset, their distributors, on a daily basis. If a distributor, for whatever reason, no longer trusts his or her company, that distributor should be free to go in another direction without undue restriction.”

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13 April 2008

Cutting Edge Media Provides a New Low-Cost Way to Advertise Home Businesses


PR Web
Leading home-business publisher Cutting Edge Media recently released its newest magazine, a home business digest entitled Your Home Biz. The pocket-sized guide, a first in the industry, is designed as a direct mail piece that will reach home business prospects across the United State---and provide an inexpensive way for network marketers and direct sellers to advertise their opportunities.

"Your Home Biz is specifically designed to put home-business opportunities front and center," says Bridey Orth, Director of Communications. "We share profitable home businesses with our readers and give our advertisers additional exposure for their opportunities. We're matching supply with demand---and it's incredibly effective."

In addition to being effective, YHB advertising is a low-cost option for any home-business marketer. Because of its small dimensions, Your Home Biz is inserted and mailed with CEM's already-popular CEO Card Deck, creating postage savings that's passed on to its advertisers.

"Our advertisers get to reach 150,000 qualified prospects for about two cents a piece," explains Josh Binkley, Print Media Consultant. "That's a much lower cost-per-thousand than any other advertising opportunity with this kind of circulation."

09 April 2008

Thoughts on MLM, Network Marketing, etc.


The Entrepreneur’s Journal
Things I like about network marketing and MLMs are that you can do so many different things to market yourself, your website, your products, etc. Most MLMs are online now and they will give you your own website to market your products. This is great because you can use things like Google, making Youtube videos, MySpace, Facebook, etc. (ALL FREE) to drive traffic to your website. Hopefully the increased traffic turns into great leads for your MLM or sales for your product. The reason I like MLM is that it truly is a fantastic business model for those who do well to earn substantial residual (constant streaming) income.

I feel that the key to becoming successful in MLM is to truly put a ton of effort into it. I am a salesman by day and I feel that if you’re constantly out there in front of your potential customers, you’ll be able to make sales (granted you’re not selling a crappy product/service). If you are to join a MLM company towards the beginning of it’s inception and truly put 100% effort into growing your business by marketing and recruiting, you can earn that income stream that you desire.

02 April 2008

Amway Taking Back Its Name In Multimillion-Dollar Campaign


MediaPost Publications
Alticor's global direct sales units, Amway, is undergoing a brand revamp in 2008 that will be completed in 2009, the company's 50th anniversary.

The company, which since 1999 has made Quixtar North America its online brand ID--and de facto brand--in this country, is bringing back Amway as the global brand, and eliminating the Quixtar name entirely.

This year, the division of Ada, Mich.-based Alticor will consolidate under Amway Global and will launch what it is calling a multimillion-dollar effort to tout the Amway brand anew with advertising, media and PR efforts telling "a compelling and dynamic story of the business opportunity in North America."

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