Woes At MLM Pre-Paid Legal

Pre-Paid Legal Services (PPD:NYSE - commentary - research - Cramer's Take) is learning just how costly a courtroom defeat can be.

The legal-insurance provider has seen a recent punitive award against the company derail its plans to borrow $160 million, intended primarily for stock repurchases. Buying back stock has helped the company fend off the advances of short-sellers, who bet a stock will decline by borrowing the stock, selling it and then seeking to buy it back later at a lower price.

New Lotto Based MLM Company

On December 09, 2005 Globalwon introduced the world to the first ever Networking/LOTTO opportunity.

What GlobalWon has done is create a powerful new concept that allows players to satisfy two ambitions at once - GlobalWon allows you to earn a lot of money , for referring other players, while you win money by playing the GlobalWon game.

The uniqueness of this idea is based on two critical factors:

The product is a European Union licensed lotto-style numbers game based on the closing figures of 6 major European stock exchanges. All tickets are purchased on-line directly from GlobalWon's website. Because the game is licensed in Malta, a sovereign state of the EU, it is legal to play and promote in any country of the world where it is legal to take part in a lotto style numbers game.

Controversy Over New MLM Company In The Philippines

ENVIRONMENT Secretary Michael Defensor has taken to heart President Gloria Macapagal-Arroyo?s standing order to create business opportunities for the Filipino.

But his being a Cabinet secretary has raised questions of propriety.

To friends and colleagues in and out of Malaca�ang and Congress, Defensor is aggressively pitching his family?s new multilevel marketing (MLM) company, JC Spicecorp Inc., which sells through its members a variety of goods -- from shoes to watches, hotdogs to tocino (sweet meats), and even cars to real estate.

A lawyer in the Ombudsman?s office, who requested anonymity, said government officials, especially ranking ones, were discouraged from promoting their commercial interests while in office because it was improper and left a bad taste in the mouth.

MLM Herbalife says secondary offer priced

Herbalife Ltd., which sells diet aids and nutritional supplements, said Tuesday that some of its shareholders will sell 11.5 million common shares at $30.50 apiece in a public offering.

The selling price is a slight discount to Herbalife's closing price of $30.59 on the New York Stock Exchange Tuesday.

Herbalife also said it has granted Merrill Lynch and Morgan Stanley an overallotment option to buy another 1.5 million shares.


Shares of Herbalife rose 46 cents to $31.05 in premarket trading.

Avon to manage China as a stand-alone business unit - Forbes.com

US cosmetics company Avon Products Inc said it will manage its operations in China as a stand-alone business to reflect the country's long-term growth potential and strategic importance to the company.

In a statement, Avon said it will also manage Central and Eastern Europe as a stand-alone business unit, increasing the number of the company's geographic regions -- which it calls 'commercial business units' -- to six.

China lifted its ban on door-to-door marketing on Dec 1, allowing companies like Avon, Amway, Nu Skin, and Herbalife to conduct direct sales in the country for the first time since 1998.

MLM Amway In India

Amway India, the country?s leading direct marketing company, has set a growth target of over 10 per cent for 2005-06 fiscal (September 1-August 31). Its turnover has gone up to Rs 633 crore in 04-05 from Rs 91 crore in 1998-99.

Over a period of next 12 months, Amway India, a wholly-owned subsidiary of the $6.4 billion Alticor Inc, one of the largest direct selling companies in the world, will launch 14 new products. Most of them will be in the nutrition & wellness and cosmetics categories. It will launch shortly a weight management product, existing in many other countries.

FK Marketing Launches Online MLM Leads Store

FK Marketing, the #1 online MLM Leads generator today launches VirtueData.com, it's online Lead store, providing high quality non-incentived MLM Survey Leads as well as low cost double opt-in leads.

MLM Herbalife CEO is surprise Readers Choice winner - Health-Care

Herbalife Ltd.'s Michael Johnson leapfrogged several of the best-known U.S. chief executives to win the MarketWatch Readers' Choice CEO of the Year award, topping such notables as Apple Computer Inc.'s Steven Jobs, Microsoft Corp.'s Steven Ballmer and Jeffrey Immelt of General Electric Co.

Johnson won with 55% of the vote, handily surpassing Jobs, who came in second with 15%. Google Inc.'s Eric Schmidt placed third with 9% of the tally."

Direct selling industry In India registers 18 per cent growth - Business News - Webindia123.com

Adressing a press conference here today Sandip Misra, associate vice-president (operation) Amway India, a wholly owned subsidiary of us company alticor INC, said that according to the latest data available with the Indian Direct Selling Association (IDSA) the industry registered an impressive growth of 18 per cent during 2004-05 taking the total size of the buisness to Rs 2700 crore.

The number of people involved also grew to 1.32 million from 1.25 million in 2003-04.

Mr Misra said the idsa data shows that direct selling business was fast becoming a favourite among Indian women. As many as 60 per cent of all business people in this industry were women.

MLM Company Amway In India

Students of IIM Lucknow got a ringside view of the model of direct selling from the foremost industry expert in the field. Mr. Pinckney, the Managing Director and CEO of Amway, India took the audience into the world of business opportunities in direct selling in a talk organized by the Industry Interaction Committee of IIM Lucknow.

Mr. Pinckney talked about Amway, which, after entering India in 1995, is being seen as an expanding and established player in the direct selling paradigm. He picked some entrepreneurial lessons from the company which is now one of the world leaders in the direct selling industry. He also mentioned the various roles and opportunities that the independent business owners (IBOs) now possess. The fast growth potential, global nature and less risk of the model and the industry were also highlighted.

Companies entering the Direct Selling network, for example, Hindustan Lever Ltd, were also noted as the indicators of increasing impact of direct distribution. Loyal customers and business owners, combined with the advantages of a ?push? model interested the audience and provided them with a new perspective into successful network building.

USATODAY.com - China's new rules open door to Amway, Avon, others

The Amway way is outlawed in China no more. The Avon lady is legal. Mary Kay can spread her pink gospel door-to-door in the world's biggest consumer market.

The Chinese government today lifts a seven-year ban on direct-sales businesses ? but does so with a twist."

MLM Nu Skin to restart China direct sales when ban lifted tomorrow - Forbes.com

US-based direct sales firm Nu Skin is set to restart door-to-door marketing in China when the government lifts a ban on the business practice tomorrow, a company official said.

Nu Skin -- along with Avon, Amway, Herbalife and others -- all plan to conduct direct sales in China for the first time since 1998 when the government banned direct sales due to widespread problems, including pyramid schemes and fraudulent activities.