Network Fortune

Mannatech, Incorporated, the founder of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, the pioneer of nutritional glycobiology and the global innovator of naturally sourced supplements based on Real Food Technology solutions, has been issued its 99th patent, validating and demonstrating its position as the leading developer of nutritional technology. This patent was received in Japan for its PhytoMatrix formulation, a supplement with all natural vitamins and plant-based minerals.

“By receiving multiple patents in multiple countries, Mannatech has established itself around the world as the leading developer of unique, high quality health and wellness technology,” said Dr. Rob Sinnott, CEO and Chief Science Officer at Mannatech. “Mannatech is unique in the nutritional supplement field for the multiple patents our products have received around the world. This, along with product benefits established in published human clinical trials, clearly demonstrates the soundness of our nutrition technology. Our PhytoMatrix product is an excellent example of how Mannatech supports overall wellness through a formulation that provides a nutritional boost to our everyday diet*.”

The Certificate of Grant for Mannatech’s PhytoMatrix formulation in Japan was received on Nov. 7, 2014. The patent will remain in effect for 20 years from the date of filing. There are currently seven patents issued in major global markets to Mannatech for the technology pertaining to its PhytoMatrix formulation.

Mannatech’s PhytoMatrix formulation has been available since 2006 and is sold around the world. It is the only vitamin and mineral supplement on the market that contains minerals from hydroponically grown Indian Mustard plant and food-sourced vitamins and phytonutrients from fruits and vegetables. The PhytoMatrix formulation is gluten-free, suitable for vegetarian diets and is NSF certified.

Overall, 99 patents have been issued to Mannatech in multiple global markets for the technology pertaining to its Ambrotose, Ambrotose AO, GI-ProBalance, and PhytoMatrix product formulations and in the field of biomarker assays. Because of the unique nature of Mannatech’s technology, the company has a history of diligently and successfully defending the strength and validity of its patents against companies that sell infringing products.

In addition to Mannatech’s extensive patent portfolio, numerous products have been further validated by research conducted by independent scientists and published in peer-reviewed scientific journals. To date, 17 human clinical trials have been published, 13 of which were double-blind, placebo-controlled studies — the gold standard for product validation.

Mannatech also uses the same proprietary technology found in its PhytoMatrix and PhytoBurst line as the vehicle to provide critical nutrition to children around the world through its M5M? donation program. Any purchase of a Mannatech product contributes in the aid of children in need. The M5M program has given Mannatech a way to directly provide nutrition to those most in need, a sentiment strongly supported by Mannatech’s worldwide network of independent sales Associates.

About Mannatech

Mannatech, Incorporated, develops high-quality health, weight and fitness, and skin care products that are based on the solid foundation of nutritional science and development standards. Mannatech is dedicated to its platform of Social Entrepreneurship based on the foundation of promoting, aiding and optimizing nutrition where it is needed most around the world. Mannatech’s proprietary products are available through independent sales Associates around the globe including the United States, Canada, South Africa, Australia, New Zealand, Austria, Denmark, Germany, Norway, Sweden, the Netherlands, Spain, the United Kingdom, Japan, Taiwan, Singapore, Estonia, Finland, the Republic of Ireland, Czech Republic, the Republic of Korea, Mexico, Namibia, Spain and Hong Kong. For more information, visitMannatech.com.

Amway, Chief Marketing Officer, Su Jung Bae

Amway’s Chief Marketing Officer (CMO) Su Jung Bae leads global strategy and execution of category marketing for nutrition, beauty and home brands. She is also responsible globally for the Amway brand, corporate social responsibility and public relations/reputation.

Born and raised in South Korea, Bae joined Amway Korea in 1995 as a Nutrilite supplement marketer and was promoted to director. Then, until 2014, she served as Asia Pacific CMO, partnering with managing directors and functional leaders throughout the Asia Pacific region and China.

Bae contributed to Amway Korea’s significant and consistent growth over the last decade. Under Bae’s leadership, Amway Korea introduced integrated solutions for Amway Business Owners while leveraging various types of communication platforms, such as conventional media, new media and experience programs. She also led the Artistry brand sponsorship for the Busan International Film Festival, and participated in the establishment of the Asia Beauty Innovation Center.

“AMWAY IS RAPIDLY REINVENTING ITSELF. WE BELIEVE THE NEXT GENERATION OF DIRECT SELLING BUSINESSES WILL PROVIDE TOTAL LIFESTYLE SOLUTIONS TO THEIR SALES FORCE AND CONSUMERS.
THE INTEGRATED SOLUTIONS AMWAY IS DEVELOPING WILL HELP PEOPLE LIVE LIFE TO THE FULLEST, REACHING THEIR HEALTH, BEAUTY AND SUCCESS POTENTIAL.”

Bae is a strong advocate for creating shared value (CSV), supporting global marketing standards, and creative collaboration with local companies. Through Amway Korea’s localization projects, she has led the marketing organization to help local companies with promising technologies and product ideas to be marketed in global Amway networks.

Bae has contributed to a number of academic papers to date, including, “Cause-related Marketing of Amway Korea: Focusing on the Campaign Called “Nutrilite Health Watcher Program for Kids,” Asia Marketing Journal, (2009) and “Direct Selling Industry’s Advertisement and TV Commercial’s Direct/Indirect Impact on Consumer Response,” Korean Consumption Culture Association (2013).

Bae earned a bachelor’s degree from Seoul National University and a Master of Business Administration from Korea University. She also received a doctorate in business administration with a focus on marketing and international business from Yonsei University.

Amway Corp. announced sales of $10.8 billion for 2014, a 10 percent decline that company officials blamed on lower revenues in China and fluctuation in foreign currency exchange rates.

"While 2014 revenues are lower than 2013, the company continues to exhibit strong long-term growth," the company said in an announcement released Wednesday, Feb. 4.

"Amway has grown by 68 percent in the last decade and achieved sales growth in 13 of the last 15 years," the company said. "In China, results have been strong as well – with growth rates over the past five and 10 years of 27 percent and 45 percent, respectively."

Privately held Amway does not release its sales figures by country, but China is generally regarded as its largest market.

Considered the world's largest direct sales company, Amway sells nutrition, cosmetics, home care, and durable products through a global multi-level marketing system that includes more than 3 million independent distributors.

Amway employs more than 20,000 worldwide and 4,000 near its Ada headquarters and at its hotel properties in downtown Grand Rapids.

"Sales in 2014 reflect the significant efforts of Amway business owners and employees who continue to do well around the world, despite challenging operating environments found in several nations that are major markets for Amway," said Amway Chairman Steve Van Andel in the news release.

"We continue to see great strength globally as select markets hit record sales numbers and others show resilience that point to strong results in 2015," Van Andel said.

"Looking ahead to 2015 and beyond, we are optimistic and feel we are well positioned for growth," said Amway President Doug DeVos."We will be opening five new manufacturing facilities, many new Amway Experience Centers to support our ABOs (Amway Business Owners), and improving virtual experiences online."

DeVos said "attitudes toward and interest in entrepreneurship remain at all-time highs."

The top 10 markets for Amway in 2014 were China, South Korea, Japan, United States, Thailand, Russia, Taiwan, India, Malaysia and Ukraine, the company said.

Amway products can be found in 71 million households in its top 10 markets, the company said, citing a 2013-2014 survey. The households surveyed are not part of the Amway salesforce, the company said.

Some of Amway's most mature markets, including South Korea and Taiwan, "experienced notable growth in 2014," the company said.

"Markets such as Brazil, Mexico, Argentina, Costa Rica, Guatemala, Chile, Panama, Italy and Spain saw double-digit percentage growth in local currency sales, while markets influenced by political unrest and economic slowdowns – Russia, Thailand and Ukraine – showed resilience and produced solid results."
Amway sales in 2014 were largely concentrated in the product categories of nutrition, beauty, durables and home care, the company said
"Nutrition products continued to lead the way, accounting for 43 percent of direct selling revenue.
"Beauty products contributed 25 percent, followed by durable products at 19 percent and home care products at 8 percent. Other offerings accounted for 5 percent."

LifeVantage Corporation recently reported financial results for its second quarter and six months ended December 31, 2014.

Second Quarter Fiscal 2015 Highlights:

Revenue was $48 million compared to $52 million in the prior year period;

Revenue, excluding Japan, increased by 1.6% compared to the prior year period;

Operating income was $3.1 million, compared to $5.2 million in the prior year period;

Repurchased $4.6 million or 3.5 million shares; and

Opened corporate office in Hong Kong.

Dave S. Manovich, Executive Vice Chairman of LifeVantage stated,

"We do not believe the overall second quarter results reflect the strength of our distribution network or our expanded, scientifically-validated product line.

In order to improve upon these results and return to meaningful top line growth and reignite growth and enthusiasm in our Company we recently implemented executive changes within our management team."

"During the second quarter, we achieved growth in several markets, including our core Americas market, but this was offset by lower sales primarily in Japan. We are disappointed that pressures in the Japan market continue to impact our overall performance and know we can do better in this market as proven by previous results.

We are intensely focused on identifying and implementing corrective actions designed to stabilize our efforts in Japan and improve growth rates in our other countries as well."

Mr. Manovich continued, "We are encouraged by our distributors' and customers' positive responses to our expanded product offerings, including Axio and TrueScience, but we need to do a better job of engaging with our distributors to ensure that we are taking the right steps to maximize the sales of our newest products. We also are making progress with our geographic expansion efforts.

In the second quarter, we opened a corporate office in Hong Kong, which we expect will facilitate a more expedited process for purchasing and receiving products in the region. In addition, we remain on track to commence sales in Thailand during the current fiscal year."

Second Quarter Fiscal 2015 Results

For the second fiscal quarter ended December 31, 2014, the Company reported revenue of $48.2 million, compared to $51.5 million for the same period in fiscal 2014. Revenue reflects an increase of 2% in the Americas, and a decrease in the Asia/Pacific region of 23%, primarily due to the decline in Japan. Revenue for the quarter was negatively impacted $1.6 million, or 3%, by foreign currency fluctuation.

Operating income for the second fiscal quarter of 2015 was $3.1 million, compared to $5.2 million in the second fiscal quarter of 2014. Additionally, Adjusted EBITDA was $4.2 million for the second fiscal quarter of 2015, compared to $6.4 million in the prior year period.

Commissions and incentives for the second fiscal quarter of 2015 were $23.2 million, or 48.1% of revenue, compared to $25.4 million, or 49.3% of revenue, in the same period last year. Selling, general and administrative expenses (SG&A) for the second fiscal quarter of 2015 were $14.5 million, or 30.0% of revenue, compared to $13.0 million, or 25.3% of revenue, in the same period last year. The increase in SG&A expenses is a result of the Company continuing to invest in sales, marketing and product development initiatives, primarily due to its investment in the October 2014 Axio product launch.

Net income for the second fiscal quarter of 2015 was $1.5 million, or $0.01 per diluted share, calculated on 100.7 million fully diluted shares. This compares to net income in the second fiscal quarter of 2014 of $3.3 million, or $0.03 per diluted share, calculated on 112.4 million fully diluted shares.

Fiscal 2015 First Six Months Results

For the six months ended December 31, 2014, the Company reported net revenue of $99.9 million, compared to $102.9 million in the prior year period. Revenue in the Americas increased 4%, while revenue in Asia Pacific decreased 16% due primarily to lower sales in Japan. Revenue for the first six months of fiscal 2015 was negatively impacted $2.3 million, or 4%, by foreign currency fluctuation.

Operating income for the first six months of fiscal 2015 was $10.9 million, compared to $10.2 million in the prior year period. Additionally, Adjusted EBITDA was $13.0 million for the first six months of fiscal 2015, compared to $12.7 million in the prior year. First six months fiscal 2015 operating income and Adjusted EBITDA include the benefit of approximately $2 million from proceeds recovered and related to the Company's December 2012 product recall.

Net income for the first six months of fiscal 2015 was $6.2 million, or $0.06 per diluted share, compared to $6.5 million, or $0.06 per diluted share in the prior year period.

About LifeVantage Corporation

LifeVantage Corporation, is a science based network marketing company that is dedicated to visionary science that looks to transform health, wellness and anti-aging internally and externally at the cellular level. The company is the maker of Protandim^®, the Nrf2 Synergizer^® patented dietary supplement, the TrueScience^™ Anti-Aging Skin Care Regimen, Canine Health, and the AXIO^™ energy product line. LifeVantage was founded in 2003 and is headquartered in Salt Lake City, Utah.

LifeVantage CEO Douglas C. Robinson Resigns

LifeVantage Corporation (LFVN) announced today the appointment of Dave S. Manovich, an independent director of the Company, as Executive Vice Chairman, effective immediately.

The Board and Douglas C. Robinson mutually agreed that Mr. Robinson will step down from his role as President, Chief Executive Officer and Board Member, effective immediately. The Board has formed a search committee to identify a qualified candidate to serve as the Company's next CEO.

Furthermore, the Board has created an interim Office of the President consisting of LifeVantage's Senior Operational Officers to provide seamless leadership continuity and continued execution across the Company's strategic initiatives and oversee day to day operations. Dave Manovich will oversee the Office of the President and manage the strategic and tactical direction of the Company's operations until a new CEO has been appointed.

The Interim Office of the President will be made up of Shawn Talbott (Chief Science Officer), David Phelps (Chief Sales Officer), David Colbert (Chief Financial Officer) and Bob Urban (Chief Operating Officer). Additionally the other members of the senior executive team, Rob Cutler (General Counsel and Corporate Secretary) and Michelle Oborn (Vice President of Human Resources), will also report directly to Dave Manovich.

"On behalf of the entire company, I would like to thank Doug Robinson for his leadership and contributions to LifeVantage over the last five years said Gary Mauro, Chairman of the Board. "We appreciate his hard work and dedication to growing our company's footprint, ensuring our transition from retail to network marketing, positioning our distributors for the next phase of growth and strengthening our product line. We wish him the best in his future endeavors.

"We are very pleased Dave Manovich has accepted the position of Executive Vice Chairman and we believe this change will lead to greater success for our distributors and improved long-term growth for our shareholders. We have a very strong management team and distributor base and are confident that the leadership transition will be seamless," concluded Mr. Mauro.

"After having discussions with the Board, I have concluded that it is in the best interests of the Company to step down from my position as President, CEO and Board Member," said Mr. Robinson. "I am incredibly proud of what we have achieved during my tenure, and while I will miss everyone at LifeVantage, I'm confident the Company's exceptional team of talented employees, distributors and leadership will ensure its best days are ahead.

Mr. Manovich has been an investor in LifeVantage for over a decade, an independent member of LifeVantage's Board of Directors since January 2012 and has extensive experience in executive sales and marketing operations and distribution management and development.

He currently serves as Managing Partner of D&S Investments, a private investment entity and has held several executive level positions throughout his career with leading technology companies including COO of @Road Inc., Executive Vice President for worldwide sales at Apple Computer and Vice President of Sales for Fujitsu P.C. Mr. Manovich received an MBA in Finance and started his career as a CPA with Deloitte, Haskins and Sells.

About LifeVantage Corporation

LifeVantage Corporation, is a science based network marketing company that is dedicated to visionary science that looks to transform health, wellness and anti-aging internally and externally at the cellular level. The company is the maker of Protandim®, the Nrf2 Synergizer® patented dietary supplement, the TrueScience Anti-Aging Skin Care Regimen, Canine Health, and the AXIO" energy product line. LifeVantage was founded in 2003 and is headquartered in Salt Lake City, Utah.

Modere welcomes young entrepreneurs, Nathaniel Vincent-Nelson, Kyle Lee Weber and Nick Gomez into its global network of distributors.

Nick, Kyle & Nathan are well known for being ambitious young networkers, speakers and trainers after each reaching top ranks in their previous company in record time.

Together, they created 'The Success Entourage' to provide a 'one for all, all for one' type of culture for people and leaders of all types to be included in.

When asked about their decision to join Modere, all three founders of 'The Success Entourage' had this to say:

What initially attracted us to this company was the brand itself, it is clean, stylish and modern, but there was so much more.

What solidified the decision for us was that not only is Modere a modern brand with the right look and feel, but it is the transformation of one of the true legacy companies in the industry, a 27 year old, 300 million dollar per year company (Neways).

Joining Modere is going to allow our team to accomplish things they have never yet been able to. Because of the infrastructure and dependability we can focus on long term success.

There is honest opportunity here regardless of background or pedigree: the products here are completely relevant. Patented, safe, affordable lifestyle essentials that 100% of households use daily, we feel so good about that.

Nathaniel Vincent-Nelson, Kyle Lee Weber, Nick Gomez

Nathaniel Vincent-Nelson, Kyle Lee Weber and Nick Gomez

Modere is run by CEO Robert Conley, who has had an exemplary 20+ year career in direct sales with extensive experience as one of the early pioneers of Asian markets for 16 years with one of today's billion dollar company's. Robert has teamed with Justin Serra, GM of North America and branding savant Robert Finnigan.

Modere is currently open in USA & Korea with over 20 more fully operational markets transforming in the coming years.

Kyle, Nick & Nathan assert that they have found a home with Modere, 'We couldn't be more excited to partner with 'the 2 amigos, Ricky Villanueva & Payton Parnegg. If a leader is looking for the whole package, leadership, international footprint, stability, great products and a true customer driven business model, it's worth looking at Modere.

About Modere

Modere is an innovative new company from Springville, Utah, USA that is the transformation of Neways, a 300 million dollar per year direct selling company. Using the global infrastructure of one of the true 'legacy' companies in direct sales that pioneered affordable, safe, non-toxic products, combined with a multi-decade track record of paying commission checks, manufacturing and delivering premium products, it has provided a unique opportunity to take the appropriate time & resources needed to create something completely unique.

The result is Social Retail, an industry that Modere sees itself being the pioneers of, capitalizing not only on the direct selling world, but also the massive shift in retail that is changing the landscape of our economy.

“Converting Spending Into Earning” is the main message Market America will deliver to more than 20,000 eager entrepreneurs at its 2015 World Conference this week in Miami.

Miami Beach Mayor Philip Levine will welcome attendees and acknowledge the positive impact that Market America | SHOP.COM entrepreneurs have on the local community.

“We couldn’t be more excited about our world conference this year in Miami,” said Market America President and CEO JR Ridinger.

“People everywhere are succeeding more and more rapidly through the Market America UnFranchise business. And the pace continues to quicken as entrepreneurs enthusiastically adopt our “Shopping Annuity” concept which includes analyzing consumer spending habits with our online tools, using SHOP.COM’s comparison shopping engine to find the best prices and earning up to 50% cashback on qualified purchases,” he said.

“This event will be our most historic event ever as we disclose new technologies, new products, new methodologies and new opportunities that will allow the world to Convert Spending Into Earning.”

The event will feature the Market America | SHOP.COM Executive Team, successful entrepreneurs and celebrity guests. Previous events have been attended by Jennifer Lopez, Alicia Keys, Jamie Foxx, Serena Williams, Alejandro Sanz, Khloe Kardashian, Gloria and Emilio Estefan, Tony Romo, Swizz Beatz, Paulina Rubio, Marc Anthony, among many others.

Grammy-nominated rap artist and entrepreneur Joseph ”Fat Joe” Cartagena, the company’s President of Urban and Latino Development, will be on hand to not only convey the excitement and explosive growth within that market sector. Fat Joe will also express the qualities that make a successful entrepreneur, including unwavering belief which enables them to board the #InvisibleTrain of success.

Product line expansions for the award-winning Motives cosmetics line, created by Market America | SHOP.COM Senior Vice President Loren Ridinger, will be announced. Motives will also spotlight its highly successful Instagram initiative that led to the creation of the Motives Mavens, a group of highly influential social media beauty experts. This initiative has propelled Motives to one of the top cosmetics companies on Instagram, with more followers than L’Oreal, CoverGirl, Estée Lauder and Lancôme combined.

“The growth and success of Motives is truly gratifying,” said Loren Ridinger. “Through social media we have been able to combine our passion and beauty expertise in order to best serve our customers’ needs.”

Loren’s collaboration with actress/entrepreneur La La Anthony in the creation of Motives for La La has brought beauty in every shade across the world and has received worldwide media attention. Anthony will be on hand to showcase the latest developments with the line and spotlight upcoming trends.

Loren will also announce her latest endeavor, a partnership with Flat Out of Heels, LLC. The Loren Ridinger Collection was created and designed in collaboration with Dawn Dickson, Founder and CEO of Flat Out of Heels, LLC.

“This new collection will be our best yet,” Dickson said. “Loren is a style icon who has successfully launched products that women love and respect.”

Lumière de Vie, the widely successful skincare brand by beauty and fashion expert Amber Ridinger McLaughlin, will launch its new Advanced Firming Neck Crème. Lumière de Vie Advanced Firming Neck Crème perfectly complements the line and contains innovative ingredients that strengthens the fragile skin along the neck for a firmer, younger-looking appearance.

The company will announce several enhancements to SHOP.COM mobile, including worldwide releases of mobile websites for Singapore and Hong Kong as well mobile applications for Taiwan and Canada. In addition, the company’s newest creation, Motives Cosmetics mobile website bridges the hottest cosmetics brand on social media with the best of mobile commerce.

“Our mobile suite of products is centered around the best of user experience, fast checkouts, and blazing speed,” said Steve Ashley, Vice President of Mobile & Social Products. “SHOP.COM is equipped with the best mobile products in the online retail space.”

The company’s weight loss division, TLS Weight Loss Solution, will provide updates to its line of product offerings, including TLS virtual parties. Winners will also be announced in the TLS Find Your Fit 2014 Fall Challenge, and a total of $50,000 in cash and prizes will be awarded.

Basketball Hall-of-Famer Scottie Pippen will spotlight the impressive results and success of his Market America-exclusive product, Prime Joint Support by Isotonix.

Marley Coffee founder Rohan Marley will be on hand supporting the brand relationship between his company and SHOP.COM. Marley Coffee has been hugely successful with SHOP.COM customers since its introduction to the SHOP.COM product offering six months ago.

The annual conference has also been a springboard for up-and-coming new artists, and this year is no exception. Attendees will be treated to musical performance from Conquer Entertainment artists Justina, Walter Finley and Blameshift.

More exciting new announcements will headline this year’s event, including enhancements in SHOP.COM’s shopping website that will be introduced and discussed in detail by Market America | SHOP.COM Chief Operating Officer Marc Ashley.

“Every event, every year, the company continues to shine brighter,” said Ashley. “We’re stronger than ever and continue to develop new technologies and products to meet the demand of the marketplace,” he said. “We’re excited to be back in Miami and look forward to seeing the arena full of talented and dedicated entrepreneurs as we pursue our mission to change the way people shop and to convert spending into earning.”

ABOUT MARKET AMERICA, INC. & SHOP.COM

Market America, Inc. is a product brokerage and Internet marketing company that specializes in One-to-One Marketing. Its mission is to provide a robust business system for entrepreneurs, while providing consumers a better way to shop. Headquartered in Greensboro, NC, the company was founded in 1992 by President and CEO JR Ridinger and has generated $5.8 billion in accumulated sales. Market America employs nearly 750 people globally with operations in the United States, Canada, Taiwan, Hong Kong, Australia, United Kingdom, Mexico, Spain and Singapore.

Through the company’s shopping website, SHOP.COM, consumers have access to over 40 million products, including Market America exclusive brands and thousands of top retail brands. Internet Retailer has ranked SHOP.COM #57 in the 2014 Internet Retailer Top 500 Guide and the 18th fastest growing Internet Mobile Retailer. By combining Market America’s entrepreneurial business model with SHOP.COM’s powerful comparative shopping engine, Cashback program, Hot Deals, ShopBuddy™, social shopping integration and countless other features, the company has become the ultimate online shopping destination.

Medical Marijuana, Inc.'s (OTC Pink:MJNA) Kannaway's executive team is proud to announce the addition of Network Marketing leadership expert, Wes Bishop.

Bishop's past military service with the United States Navy first introduced him to the importance of strong team dynamics and inspiring leadership.

After his military career, Bishop became a sales leader in a diverse range of industries including real estate, network marketing, and even the cellular industry.

Bishop now has over 25 years of experience leading and developing dynamic teams.

Wes Bishop sytated:

"I joined Kannaway because this is the first time a product in the network marketing industry is changing the way people look at their own health and wellness. The Company is giving individuals the unique opportunity to not only empower themselves through entrepreneurship, but to also be a part of an historic movement rooted in education and improvement.
They're the ones bringing hemp back to America.

"We are excited to welcome Wes Bishop to the Kannaway family," said Jeff Rogers, CEO of Kannaway. "He is an incredible leader who has built teams of thousands in Network Marketing.

We couldn't have selected a better man than Wes Bishop to lead our Dallas Regional Office. What he's done there in such a short period of time is nothing short of amazing. The success of Kannaway's Dallas regional launch event was in large part due to Wes and his Dallas team."

Kannaway's Dallas regional launch event was Jan. 24 and featured new product announcements, guest speakers Troy Dooly and Janelle Kim, and exciting announcements about the Company's future with Medical Marijuana, Inc.

About Kannaway, LLC

Kannaway, LLC, is a network sales and marketing company specializing in the sales and marketing of hemp-based botanical products. Kannaway currently hosts weekly online sales meetings and conferences across the United States, offering unique insight and opportunity to sales professionals who are desirous of becoming successful leaders in the sale and marketing of hemp-based botanical products.

About Medical Marijuana, Inc.

Our mission is to be the premier hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally-friendly, economically sustainable businesses, while increasing shareholder value.

Zija International will be holding an exclusive educational experience for those interested in learning how to successfully maximize the benefits of their various product divisions and the importance of utilizing the science behind the essential oils and nutrition products.

The event will showcase new findings about the cell activity and permeability of their Améo Essential Oils, presented by Zija’s Vice President of Research and Development, Dr. Joshua Plant.

In addition to his new identifications of essential oils, he will describe new findings on the benefits of Moringa oleifera, a highly nutritious plant that is the basis of many of Zija’s products.

The training will be held on Thursday, February 5^th at 7:00 p.m. at the Lehi, Utah, Thanksgiving Point Amber Room.

The featured speakers are Zija’s Vice President of Research and Development, Dr. Joshua Plant, Zija’s Director of North American Sales, Jarom Dastrup, and some of Zija’s high-ranking Distributors, Mike McClean, John McGarry, McKenna Gordon and Jon and Daniela Raynes.

For more information and details regarding the event, click HERE.

About Zija International

Zija International, a privately held and privately funded business founded by Kenneth E. Brailsford and run by Rodney Larsen, develops natural health, wellness, nutrition and fitness products. The company operates in more than 50 countries worldwide.

Zija has seen consistent growth every year since it was founded over 9 years ago and was recently named the “Fastest-Growing Company in Utah” by Utah Business Magazine. It has also been recognized on fastest-growing and top-revenue lists by Inc. Magazine, Direct Selling News, and Utah Valley Magazine, to name a few.

With corporate offices located in Lehi and more than 4 million sq. ft. of state-of-the-art warehouse, shipping and manufacturing facilities located in Utah, United States, Zija International employs more than 200 individuals and has the capacity to grow to more than two billion dollars in annual sales.

Talk Fusion, Blue Diamond, Artur Kachanov

Blue Diamond Artur Kachanov is a powerhouse of activity and motivation. He was already refocused on his Talk Fusion business for the start of 2015.

But when Talk Fusion released their rebranded, redesigned Talk Fusion CONNECT video communication products and added even more incentives to their Instant Pay Compensation Plan, Artur’s excitement went off the chart—and he’s passing that energy along to his team of Associates.

“Talk Fusion has surpassed my expectations!” Artur says. “We already had a twice-a-year Dream Getaway incentive on the island of Maui, Hawaii and we could receive $600 a month to pay for the lease or purchase of our own C-class Mercedes-Benz. But now Talk Fusion will also buy us a new Mercedes-Benz when we reach a certain qualification. We can qualify for a Rolex watch, and receive diamond rings when we reach a certain milestone in lifetime earnings!”

As impressed as Artur was with new incentives and rewards, the appeal of Talk Fusion’s redesigned video products, including the release of the brand-new CONNECT Video Chat, made it obvious that the timing is perfect for the Talk Fusion opportunity.

“As the leader of a Russian-speaking team, I can tell people with 100% certainty that our products are essential! They are very high quality and affordable!

“For example, Video Chat is a product that is available to everyone, but doesn’t need to be installed on your computer, phone or tablet! The sound and picture quality far exceeds other programs. And this product is only available at Talk Fusion! Most importantly, it is easy to use! Anyone can visit the Talk Fusion corporate website and video chat for free with anyone, anywhere on the planet!”

His enthusiasm is apparent and it doesn’t stop there. “And that is only one product. We have a lot of them—and they are all great. Entrepreneurs from around the world have the opportunity to actually reduce advertising costs and attract new customers using Talk Fusion!”

Artur has been such an entrepreneur. It was only eight years ago that he bought his first computer and logged on to the Internet for the first time. He spent several years conducting online training, until he was introduced to Talk Fusion in 2011. Once he understood the concept of a digital video communication product and recognized the incredible potential, he immediately signed up.

“At first, I made a lot of mistakes. But once I focused, I realized that if I strictly followed the proven steps of the Talk Fusion system, then trained my new Associates to do the same, I would be 100% successful!”

Artur started his business by sharing Talk Fusion with only three people; within three years he had built a team of more than 150,000 Associates from several different countries. “Our system is awesome!” Artur declares.

“This year we plan to share Talk Fusion with a huge number of people who want our video business solution and a great business opportunity! Team leaders are opening businesses in new cities, new countries, and finding people with a great desire to join our international team and become Customers or Associates!”

Arthur has big plans for himself and his Russian team. They are based on a very simple premise. “Talk Fusion has given me everything a person can dream of. I want to share this unique opportunity with millions of people around the world, and help them change their lives for the better, gain the same financial freedom, and become truly happy.”

ABOUT TALK FUSION

A global leader in video communication products, Talk Fusion connects people around the world through cutting-edge video technology and the means to share it, empowering them to live their dreams. Talk Fusion's innovative video products are marketed person-to-person by independent Associates in more than 140 countries.

Founded in 2007 by CEO Bob Reina, Talk Fusion introduced the world’s first Instant Pay Compensation Plan. Talk Fusion adheres to the highest ethical business practices and is a member of the prestigious Direct Selling Association (DSA). Reina firmly believes that “with great success comes greater responsibility.”

Talk Fusion fosters a strong commitment to giving back to friends, family, communities, and animal charities across the world to produce a positive global change. Learn more at www.TalkFusion.com and “Like” Talk Fusion at www.facebook.com/TalkFusion.

Income disclaimer:
Any earnings portrayed in any Talk Fusion marketing materials are not necessarily representative of the income, if any, that a Talk Fusion Associate can or will earn through his or her participation in the Talk Fusion Compensation Plan. All references to income, implied or stated, throughout the Talk Fusion Compensation Plan are for illustrative purposes only.

These figures should not be considered as guarantees or projections of your actual earnings or profits. Talk Fusion does NOT guarantee any level of income or earnings to any Associate; any representation or guarantee of earnings would be misleading.

Michigan State received a $3 million gift that will help support the men's basketball program, according to a release from the university Thursday.

Mark and Cindy Pentecost's donation will be used to update the men's basketball offices, practice facilities and "establish an endowment for continued facility improvements," according to the release.

The gift is one of the largest ever to Michigan State athletics, and is the third gift of $3 million or more received by the athletic department since the October 2014 public launch of the Empower Extraordinary, which according to the release is "enabling MSU athletics to build championship-level facilities, increase endowment support and elevate annual giving."

"For many Spartans around the world, the men's basketball program has been a source of pride and an engine of opportunity not only for the student-athletes in the program, but for the overall student experience on campus," MSU President Lou Anna K. Simon said in the release. "We are so grateful to Mark and Cindy Pentecost for their vision and commitment to help us give 'Team MSU' the opportunity for continued excellence."

Mark Pentecost is the president and CEO of It Works!, a direct-selling company that offers beauty and wellness products. He is a former teacher and high school basketball coach from Allegan.

"Growing up in the Lansing area, surrounded by generations of Spartans who bleed green, giving back to this storied basketball program came natural," Pentecost said. "As a former coach, I am excited to see the impact this contribution will have on our student-athletes. We hope that this helps them continue to train and compete at the highest level."

Nu Skin Enterprises, Inc. (NYSE: NUS) today announced fourth-quarter results with revenue of $609.6 million, the top end of the company's guidance, compared to $1.06 billion in the prior-year period.

Revenue in the fourth quarter of 2013 was augmented by $350 million in limited-time offer sales of the ageLOC TR90 weight management system. Revenue for the quarter was negatively impacted 4 percent by foreign currency fluctuations.

Earnings per share for the quarter were at the top end of guidance at $0.77, versus $2.02 in the prior-year period. Earnings per share for the quarter were negatively impacted $0.08 by prepayment fees associated with the refinancing of the company's debt, and $0.06 by foreign currency translation expense.

The company reported full-year 2014 revenue of $2.57 billion, a 19 percent year-over-year decline. Annual revenue was negatively impacted 3 percent by foreign currency fluctuations. Earnings per share for the year were $3.11 compared to $5.94 in 2013.

"Our business performed as we expected for the quarter, and we look forward to a solid 2015," said Truman Hunt, president and chief executive officer.

"As we review the year, three factors impacted our results. First, our year-over-year comparisons were especially challenging considering that we were lapping a $550 million TR90 launch in the second half of 2013, our largest product introduction. Second, a strengthening U.S. dollar negatively impacted revenue by more than $100 million in 2014, and by $24 million sequentially from the third to the fourth quarter.

Third, the proactive steps we took early in 2014 in Mainland China to address a regulatory review impacted revenue significantly, although we stabilized revenue from the second to the fourth quarter. Despite the 2014 revenue decline, our three-year compounded annual revenue growth rate was 14 percent, reflecting longer-term business improvement."

The USANA Health Sciences Singapore office recently had their business practices accredited by CaseTrust, the accreditation arm of the Consumers Association of Singapore (CASE).

The initiative, which is led by the Direct Selling Association of Singapore (DSAS), was kicked off in January 2014 with the intention to bring the standards of the direct selling industry in Singapore to a higher standard.

"We are proud to be one of the first direct selling companies in Singapore to receive this accreditation," said Executive Vice President of Asia Ng Keng Hean.

"It reflects the ethical business practices which USANA and its Distributors have been promoting all these years."

The initiative recognizes member companies that commit to give consumers a minimum cooling-off period of seven working days, during which they can seek full refund of any payment without being penalized, produce an order form at the time of sale that clearly states the direct seller's contact details, and put in place a well-defined system to address conflicts. USANA is one of 14 companies to receive this recognition.

"CaseTrust not only reviews the company's practices, but also those of Independent Distributors," said Carolyn Lee, regional general manager of Singapore and Malaysia. "We will continue to work closely with our Independent Distributors to build higher consumer confidence with this accreditation."

The DSAS is an affiliate of the World Federation of Direct Selling Association (WFDSA) and is also an Institutional Member of CASE. DSAS interacts regularly with other direct selling associations particularly those in the ASEAN and East Asia countries as well as with the United States DSA.

About USANA

Founded in 1992, USANA Health Sciences is a U.S.-based nutritional company that manufactures high-quality supplements, personal care and energy products in its FDA-registered facility in Salt Lake City. Learn more about USANA by visiting our website http://www.usana.com or the official USANA blog http://whatsupusana.com.

Zija International recently sat down for an interview with one of their up-and-coming Distributors, Tommy Chapa.

The already impressively ranked Double Diamond Distributor has achieved his success in just under a year, as he decided to seize the Zija opportunity in February 2013.

“What got me interested in the Zija was first the business opportunity. People find wealth when they get in front of a trend, and the health and wellness trend is a huge one! Zija is health and wellness. It’s the reason we are one of the fastest-growing companies out there,” said Chapa.

“The second thing that got me really excited was Moringa oleifera. I was and am excited to share these amazing products. I lost 16 pounds in the first month using them—and then 20 more in the following six weeks! It is impossible to not produce success with a product that just simply works.”

Prior to jumping aboard the Zija train, the Texan was a steady businessman who strived for success and further opportunity. When asked what set him apart from the thousands of other Distributors in the company, he replied,

“Nothing makes me different. I have been able to find success because of consistency".

I ask my team members: how many times have you shared the story about these amazing products today? What it comes down to is that no business is successful being open just two hours a week. I treat this opportunity like a business and stay consistent with it. Sharing the Zija message is the easy part, because people will no doubt see results from these products; people then respond and share those successes.”

In just the last three months, Chapa has successfully enrolled 19 people into his Downline. “If someone tells me they aren’t interested in the opportunity, I take it as a ‘not right now’ response and follow up with them later. In the end, 90% of those people end up joining because of my persistence and consistency,” Chapa said. “I feel like I am able to live Life Unlimited. I have not felt or looked this great for a long time. Life Unlimited is getting to do things that I wouldn’t be able to do without this residual income. This awesome business has provided me great financial freed

Tommy was also given Zija International’s “Recruiter of the Year” Award on stage at Zija Summit 2014 this past September in Salt Lake City, Utah.

Zija International’s product divisions—Zija Core Nutritionals, Améo Essential Oils, and Ripstix Fitness Supplements—are built upon four pillars of their “Life Unlimited” mantra and company culture—Health and Wellness, Active Lifestyle, Financial Freedom, and Personal Development.

About Zija International

Q Sciences, a USA (Utah) based wellness company, announced today that they have expanded internationally to South Korea. As part of their continued global expansion, South Korea now joins the list of Q Sciences’ international markets, which includes Canada, Australia, and New Zealand.

“I am excited and honored to bring Q Sciences’ culture to the wonderful country of South Korea,” said Daren Hogge, President, Founder, and CEO of Q Sciences. “Having traveled to South Korea over sixty times in my career, there is no better place to expand our Q Sciences business. Our products are designed to help people purify, optimize, and protect their health. I encourage everyone to take a serious look into Q Sciences and to become involved as a member.”

With a strong economy and a direct sales market that ranks in the top five in the world, South Korea has long been a target of direct sales companies for international expansion. With this recent announcement, Q Sciences becomes the first direct sales company to be officially registered as a business in South Korea in over a year. Thanks to tremendous IBO leadership and corporate support, Q Sciences is excited to take its mission of helping people discover greater health and happiness to South Korea.

In addition to South Korea, Q Sciences continues to look for opportunities to grow internationally. With a flagship product in EMPowerplus™

Q96 that promotes mood stability, mental clarity, and improved cognition, Q Sciences’ goal is to share their innovative line of health and wellness products with people around the world.

“Q Sciences’ philosophy is based on doing the right things for the right reasons,” said Marc Wilson, Founder and Executive Managing Director of Q Sciences. “I look forward to traveling to South Korea for my first time and meeting our new Q Sciences Independent Business Owners. My father fought in the Korean War and was wounded there fighting for freedom. I look forward to meeting the beautiful people and together creating a special company.”

About Q Sciences

Q Sciences is a Utah-based wellness company dedicated to its customers, Independent Business Owners, and employees. Built on a foundation of proven science, Q Sciences’ mission is to improve the quality of life through its core line of wellness supplements and innovative fitness products. More information about the company’s cutting-edge products based on the most advanced science and technology is available at http://www.qsciences.com

Cosmetics powerhouse Younique, is the first direct sales company to market and sell almost exclusively through the use of social media and will openGermany and Mexico according to an announcement on the companies facebook.

In the autumn Younique opened the United Kingdom and several distributors, reached the highest level. In October 2014, Younique, reached and surpassed the 100,000 Presenter (independent sales representative) milestone , which also happened to be the company’s two year anniversary of welcoming its first Presenter.

In November 2014, Top Industry leader Princess Fizz joined Younique.

Since its inception in September 2012, Younique has earned increasing recognition for its bestselling product the original Moodstruck 3D Fiber Lashes.

The company's product philosophy of Nature. Love. Science. ensures that its line of cosmetics and skin care products are always found at the intersection of the best that science and nature has to offer. Founded by a brother-sister team—Derek Maxfield and Melanie Huscroft—Younique's mission is to Uplift, Empower and Validate women.

Amber Voight lives in Elk River, Minosota, USA and reached $33,000 per month with 9,000 team members and $1,200,000 in sales in May 2014 as Younique Top Earner.

She is one of the companies top earners, an interview with Amber can be found here

Rodan + Fields, Founders, Dr. Katie, Rodan, Dr. Kathy Fields

Rodan + Fields, the fastest growing company in premium skin care among leading companies last year in the U.S.^*, began business operations in Canaday. Entry into the Canadian market is the first step in the company’s market expansion outside the United States since the San Francisco-based company launched in 2008.

Rodan + Fields’ focused business strategy has generated high double-digit compound annual growth, driving revenue for 2014 to more than $300 million USD, and with the addition of Canada to the business, the company sees significant opportunity for sustained profitable growth.

"Our brand vision is a global one and our Canadian launch is a key strategic milestone on our globalization roadmap,” said Lori Bush, President and CEO, Rodan + Fields.

“Our Canadian initiative not only addresses the demand for our products from our neighbors to the north, it validates the foundational infrastructure that will enable us to effectively extend our business model beyond North American borders."

In 2007, Rodan + Fields became the first prestige skincare line to exit the department store for the world of direct selling, with the brand reintroduced in 2008 as a newly-formed company. The company’s thousands of Independent Consultants quickly generated revenue that far exceeded what leading department store chains achieved with the brand.

Developed by Stanford University-trained dermatologists Katie Rodan, M.D. and Kathy Fields, M.D., Rodan + Fields is at the forefront of clinical skincare for home use – merging effective over-the-counter medicines with well-proven cosmetic ingredients to provide real and visible results.

Dr. Rodan and Dr. Fields, the creators of the successful Proactiv skincare brand, have recognized that innovation in customer engagement is no less important than the innovation that goes into their skincare formulations and tools.

In 2013, Rodan + Fields won the American Business Award for Company of the Year – Consumer Products and has been awarded 12 Direct Selling Association Awards since 2010, including the Rising Star Award. Rodan + Fields was among the top five premium skin care companies in the U.S. in 2014.^*

“We have always taken a personal approach to our business and this is the natural evolution,” says Dr. Fields. “Our passion is treating skin concerns and a direct selling business model enables us to reach a wider consumer base with dermatologic-based skincare and also provide those who believe in the product a viable income opportunity,” added Dr. Rodan.

In 2012 the Canadian skincare market grew by 5% reaching C$1.7 billion with anti-aging products registering the fastest growth of 9% totaling $ C700M *(Euromonitor report Sept 2013)
Rodan + Fields projects to grow the business to several thousand Independent Consultants and Preferred Customers within its first year in Canada

Rodan + Fields will offer select products in Canada, including: REDEFINE - a four?product regimen to combat the appearance of lines, pores and loss of firmness; REVERSE – a four-product regimen to treat brown spots, dullness and discoloration; SOOTHE – a four?product regimen for sensitive, irritated skin and facial redness; UNBLEMISH - a complete regimen to clear acne blemishes and help prevent new ones from forming; and REDEFINE AMP MD and Macro Exfoliator, novel skincare tools.

About Rodan + Fields:

Founded by Dr. Rodan and Dr. Fields, the creators of Proactiv Solution, Rodan + Fields is a leading skincare company committed not only to helping customers achieve great skin, but also to helping Consultants who sell the products build successful independent businesses. The Company made the unprecedented move out of department stores and into the world of direct selling in order to take the Doctors’ successful dermatological philosophy and unique personal approach to business one step further. From problem identification and superior dermatological-based formulations to unprecedented support and follow-up, Rodan + Fields seeks to provide the most complete skincare experience outside of a medical office. Products are available through Rodan + Fields Independent Consultants and at www.rodanandfields.com/ca.

Nature's Sunshine, Chairman & CEO, Greg Probert

Nature's Sunshine Products Inc., a leading natural health and wellness company engaged in the manufacture and direct sale of premium-quality nutritional and personal care products, announced the appointment ofRebecca Lee Steinfort as a member of its Board of Directors.

Ms. Steinfort is a senior executive with extensive experience in strategy and marketing in consumer-product and health care oriented businesses.

"We are excited to welcome Rebecca Lee Steinfort to our Board of Directors," said Gregory L. Probert, Nature's Sunshine's Chairman and Chief Executive Officer.

"Rebecca brings significant strategic and broad marketing experiences to Nature's Sunshine that I am confident will be highly beneficial in our continuing efforts to transform the business into a multi-brand and multi-channel organization. We look forward to her guidance and strategic thinking as a member of the Board."

Ms. Steinfort is currently the Chief Operating Officer of Paladina Health, a subsidiary of Davita Healthcare Partners, Inc. Prior to Paladina Health, Ms. Steinfort held other executive positions beginning in 2009 at Davita Healthcare Partners, Inc., such as Chief Marketing Officer and Chief Strategy Officer.

Ms. Steinfort held various leadership positions at Quiznos from 2007 to 2009, most recently serving as Executive Vice President and Chief Marketing Officer.

From 2001 to 2006, Ms. Steinfort was a Senior Vice President with Level 3 Communications, LLC, where she was responsible for Integration and Development Services from 2005 to 2006 and Corporate Strategy from 2001 to 2005. Ms. Steinfort received her B.A. from Princeton University, and her M.B.A. from the Harvard University School of Business Administration.

About Nature's Sunshine Products

Nature's Sunshine Products, a leading natural health and wellness company, markets and distributes nutritional and personal care products through a global direct sales force of over 680,000 independent Managers, Distributors and customers in more than 40 countries. Nature's Sunshine manufactures most of its products through its own state-of-the-art facilities to ensure its products continue to set the standard for the highest quality, safety and efficacy on the market today.

The Company has three reportable business segments that are divided based on the characteristics of their Distributor base, similarities in compensation plans, as well as the internal organization of NSP's officers and their responsibilities (NSP Americas, Asia Pacific and Europe; NSP Russia, Central and Eastern Europe; and Synergy WorldWide). The Company also supports health and wellness for children around the world through its partnership with the Sunshine Heroes Foundation. Additional information about the Company can be obtained at its website, www.naturessunshine.com.

As reported by Bloomberg:

Bringing the American way of selling skin-care products and vitamins to China helped make Amway Corp. the world’s largest direct seller. It also made the children of one of its co-founders billionaires.

Amway chairman Steve Van Andel and his siblings David Van Andel, Barb Van Andel-Gaby and Nan Van Andel own half of Alticor Inc., Amway’s Ada, Michigan-based parent company.

The stake, which they inherited in equal shares after their father, Jay Van Andel, died in 2004, is valued at $4 billion, according to the Bloomberg Billionaires Index. They’ve never appeared on an international wealth ranking.

Their ownership interests were confirmed by two people with knowledge of the holdings who asked not to be identified because the information isn’t publicly disclosed. Richard DeVos, 88, owns the other half of Alticor. He has a $4.5 billion fortune, according to the Bloomberg ranking.

The family declined to comment on the net worth calculation.

“The greatest thing my father did for any of us was give a set of values that are part of the business today,” Steve Van Andel said in a November interview in New York.

Founded in 1959 to sell a liquid household cleaner, Amway pioneered the use of self-employed individual resellers instead of retail stores to peddle its goods. The company employs more than 20,000 people in about 100 countries and sells about 450 different products through a network of more than 3 million non-employee salespeople.

Hidden Billionaires

“The idea of a person-to-person, consultive type of sale works in nutrition and skin care. That is one reason why these companies continue to thrive,” Timothy Ramey, a Portland, Oregon-based retail analyst with Pivotal Research Group LLC, said in a phone interview.

Steve Van Andel, 59, has served as chairman since 1995 while two of his siblings sit on Alticor’s board. David Van Andel, 55, leads an institute in Grand Rapids, Michigan, started by his parents, which focuses on biomedical research and science education.

Barb Van Andel-Gaby, 52, has six children, lives in Atlanta, Georgia, and has been “a dedicated homeschooler since 1998,” according to Alticor’s website. She’s been a board member of the Heritage Foundation, a political research firm, since 1996.

Nan Van Andel is the only sibling no longer involved in the family business. She’s president of the Silverwing Foundation, also founded by her parents, which donates to religious causes, according to its 2013 tax filing with the Internal Revenue Service.

China Business

The Van Andels profited from an early push into China, where it was one of the first direct sellers allowed to operate, establishing Amway China in 1995. At $18 billion, China is the second-largest direct-selling market in the world. It’s also the fastest growing. The U.S. market grew less than 1 percent last year, compared to 19 percent for China, according to research firm Euromonitor International.

CEO Van Andel credits the company’s efforts to adhere to Chinese business models.

“They mentally realize that we’re an American business, but they think of us in more ways as a Chinese business,” he said. “Our employees and business owners are Chinese. The face that we have and how we look to people in China is Chinese.”

The direct-sales model produced sales of $10.8 billion in 2014, 8 percent less than the prior year, according to Amway. A strong U.S. dollar and lower revenue in China, its largest market, contributed to the decline, the company said on Feb. 4.

Herbalife, Nu Skin

Amway’s publicly traded peer companies also had difficult years, with five of six experiencing share price declines, according to data compiled by Bloomberg. Two of the largest, Herbalife Ltd. and Nu Skin Enterprises Inc., lost more than 50 percent of their value last year amid pyramid scheme allegations and corruption probes.

The company’s direct-selling competitors have had difficulties operating in China. Nu Skin’s sales in China fell by 56 percent last year to about $213 million. The drop was due to a government investigation that temporarily froze business and resulted in $540,000 in fines for unsubstantiated product claims and selling items illegally, analyst Ramey said.

In the U.S., a Federal Trade Commission is investigating whether Herbalife is run as a pyramid scheme. While a number of legal cases in the 1970s and 1980s decided forms of direct selling were legitimate, uncertainty over the investigation and a short-seller push on Herbalife by billionaire hedge fund investor Bill Ackman has led many investors to sit out owning direct selling stocks, Ramey said. He owns shares of Herbalife and Nu Skin.

“It is fair to say if Herbalife is a pyramid scheme, then so is Amway, so is Nu Skin, so is Usana Health Sciences Inc.,” Ramey said. “The answer is none of them are.”

Source: Bloomberg

Talk Fusion, Diamond Associate, Lan Zhuo

Since the January relaunch of Talk Fusion’s CONNECT video communication products and the addition of new incentives and rewards to the company’s Instant Pay Compensation Plan, Talk Fusion Associates are more excited than ever to share the opportunity with more people across the globe.

While impressive teams continue expanding in Indonesia and Russia, and plans are underway to make significant headway into South America,Diamond Associate Lan Zhuo from China has her own goal: share Talk Fusion throughout Asia.

“Asia has the most ‘netizens’ around the world who want to start their own business. They hope to enjoy the convenience of making money via the Internet. However, many of them lack either enough capital or professional knowledge for many businesses,” said Lan.

“The good news is that, without a doubt, Talk Fusion offers the best business platform for anyone who desires to succeed. They can use the low cost, the fast speed, and the wide scope to participate in business globally through the internet. They can fully enjoy the great income potential of Talk Fusion’s video communication products and really change their lives for the better.”

Industry experience also does not have to be a barrier to sharing the opportunity and earning financial freedom, as Lan learned firsthand.

“Joining Talk Fusion is the first time I stepped into the Direct Selling industry. Although I have already reached the rank of Diamond, I know this is just the beginning and I must work harder. I must learn a lot from the Leaders.”

Lan intends to bring the same success she has personally experienced to others throughout the region. “I feel so good in ways I haven’t known before. In addition to the money, my life is no longer repetitious; I have changed my attitude and I now love my life. I live everyday with passion and a better outlook about the world.”

Lan is determined to instill the same level of dedication she demonstrated in learning the power of duplication with new Associates. “The Asia market is full of opportunity so I must totally devote myself to learning and working hard to help our team members realize their dreams of success,” she said. “I will share the Diamond Rush training and encourage them to use Talk Fusion CONNECT video technology.

“The Asian market is just a beginning. I fully believe the future of this unique market is bright and huge.”

ABOUT TALK FUSION

Mannatech Receives 99th Patent

Amway Appoints New CMO – Su Jung Bae

Amway Sales Fell 10% To $10.8 Billion In 2014

LifeVantage Q2 Revenue Down From $52 To $48 Million

LifeVantage CEO Douglas C. Robinson Resigns

Young Industry Leaders Join Modere

Market America Set To Kick Off 2015 World Conference With 20,000 Reps

Medical Marijuana – Kannaway Appoints Wes Bishop To Field Advisory Council

Zija International To Host Educational Training

New Incentives Inspire Talk Fusion Russian Team For 2015

ItWorks! CEO Donates $3 Million To Michigan State University

Nu Skin Q4 Revenue Down From $1.06 Billion To $609 Million

USANA Singapore Receives CaseTrust Accreditation

Zija International Up-And-Coming Distributor: Tommy Chapa

Q Sciences Expands Internationally To South Korea

Younique Will Open Germany and Mexico

Rodan + Fields Officially Launches In Canada

Nature’s Sunshine Appoints New Board Member

Amway’s Van Andel Family and Richard DeVos Combined Worth $8.5 Billion

China Business

Herbalife, Nu Skin

Talk Fusion Asian Team Set To Breakthrough In 2015