What a week it has been in the Direct Selling, MLM World. We have seen mergers, strategic alliances, new product launches, and companies turn the corner financially. Now is truly the time to be working in the Direct Selling industry.
Youngevity: This last weekend Youngevity formed a strategic alliance with Escape International. You can read the press release here.
ACN: Yesterday ACN launched their WiMax service, then today they launched Commercial Phone Service, coast-to-coast. And on top of that ACN announced early in 2011 they will be featured on a NBC Prime Time Reality Show. We will be doing a full review on ACN in the up coming weeks.
KB Gold: We have received calls and emails inquiries this week wanting more info on KB Gold. Here is what we have found so far.
1. The company is based out of Germany
2. The company is using the words “Free Franchise” which is completely illegal in the US based on current FTC and SEC regulations.
3. The company has requested Passport information be sent to them by some prospective distributors
4. The company doesn’t seem licensed to transact any type of business in any state in the USA.
We strongly suggest reps be cautious about joining this company. KB Gold is the type of company used for funding international terrorist activities. When these type of companies start operating in the USA, they attract the attention of Homeland Security, FBI and other federal anti-terrorist agencies.
Although the company may be fully legal in Europe, I could not find any mention of them being legal in the USA.
ZurVita Holdings: this little company out of Texas have passed its first mile stone – they turned a profit for the first time since their inception. Mark Jarvis their powerful founder, has passed the operations of the business over to Jay Shafer, so he can focus 1005 of his energies in growing the business. This move reminds me of Primerica where they have Co-CEOs, I think this is a great move.
If you have news about your company or questions about the Direct Selling industry send us an email to [email protected]
Living An Epic Adventure,