The world of multilevel marketing is one that has attracted positive and negative criticism in equal measures. The unbelievers have branded LifeVantage scam due to their fast growth and profitability. LifeVantage grew their revenues by a whopping 65 percent in 2013 a figure many companies who die for. This impressive growth in revenue pushed their income for the year to record 208 million.
Not all negative accusations are without truth in them. Some like the Protadium inventor lie are very valid. Dr. Joe McCord was credited for all the work in inventing Protadium a substance that has the capability to reduce levels of oxidative stress in an individual's body reducing the chances of contracting diseases in 2005. Protadium happens to be the main product that keeps LifeVantage in business
Few years down the line a Mr. Paul MyHill came out in 2009 to publicly show his disappointment for not being credited with his role in the invention of Protadium. He was bought out in 2005 and he proved that by producing a letter signed by Dr. McCord addressed to him on the McCord's regrets for taking all the credit for the great product. That is one reason that makes LifeVantage be slammed as scam.
In 2012, Dr. McCord was announced to have retired from the company while rumors from mlmwatchdog.com reported that he had actually been bought out for $1.7 million. The company has had legal issues with other companies since its incoportation. Notably is the case they had to settle by paying $400,000 to Zrii where Zrii filed a case accusing the company of trying to make their value to fall in order to buyout them cheaply.
The company has not had lawsuits against other companies only but has also had some against its distributors. One of the former distributors, Burke Hedges after being wrongly terminated from the company filed a lawsuit in Utah seeking to get $3 million damage compensation from Life Vantage in the year 2011. The company in 2013 sacked and filed a case against Jason Domingo on issues concerning leak of company secrets
Is LifeVantage worth a try or should it be avoided? The past does not always determine the future and judging in on some past lies or lawsuits it has had is not fair. Payments to the distributors on their commissions accrued at each payment date are paid promptly without delays.
The company is a member of Direct Selling Association (DSA) an association that closely monitors multi level marketing companies' ethics. DSA has said Life Vantage is the best networking company with the best compensation plan in America. What can be more reassuring than a compliment from your regulator?
Did you know that LifeVantage is a public company with its shares listed and trading in NASDAQ? That means regularly the company releases it audited financial reports to public. You can go through the reports and see the performance of the companies yourself without being told by a third party or without worrying that the results could be out of creative accounting.
The massive growth the company has gone through can be attributed to good relation with the distributors who are the core drivers of revenue growth. A happy distributor will strive to make more sales to earn more. Protadium is the other key factor in the growth since it is used in manufacture of many products that you will find in the pharmacy close to you.
Signing up with Life Vantage will be of benefit to you since you get to sell great product and at the same time making really good commission. It is a well regulated company by DSA and a public company so you can make double earnings by buying their shares to be a part of the owners. The company can't be scam when it has been tested and proven to be paying commissions.
There is a sharp contrast between LifeVantage and other networking companies when it comes to lawsuits. Some like Melaleuca when you search online you will find dozens of lawsuits against them from both distributors and the management. This is normally what happens when greedy exceeds the will to work.
LiveVantage scam can't be true. It has the best mlm compensation plan in the country. Try them and you will never regret that choice.
Not all negative accusations are without truth in them. Some like the Protadium inventor lie are very valid. Dr. Joe McCord was credited for all the work in inventing Protadium a substance that has the capability to reduce levels of oxidative stress in an individual's body reducing the chances of contracting diseases in 2005. Protadium happens to be the main product that keeps LifeVantage in business
Few years down the line a Mr. Paul MyHill came out in 2009 to publicly show his disappointment for not being credited with his role in the invention of Protadium. He was bought out in 2005 and he proved that by producing a letter signed by Dr. McCord addressed to him on the McCord's regrets for taking all the credit for the great product. That is one reason that makes LifeVantage be slammed as scam.
In 2012, Dr. McCord was announced to have retired from the company while rumors from mlmwatchdog.com reported that he had actually been bought out for $1.7 million. The company has had legal issues with other companies since its incoportation. Notably is the case they had to settle by paying $400,000 to Zrii where Zrii filed a case accusing the company of trying to make their value to fall in order to buyout them cheaply.
The company has not had lawsuits against other companies only but has also had some against its distributors. One of the former distributors, Burke Hedges after being wrongly terminated from the company filed a lawsuit in Utah seeking to get $3 million damage compensation from Life Vantage in the year 2011. The company in 2013 sacked and filed a case against Jason Domingo on issues concerning leak of company secrets
Is LifeVantage worth a try or should it be avoided? The past does not always determine the future and judging in on some past lies or lawsuits it has had is not fair. Payments to the distributors on their commissions accrued at each payment date are paid promptly without delays.
The company is a member of Direct Selling Association (DSA) an association that closely monitors multi level marketing companies' ethics. DSA has said Life Vantage is the best networking company with the best compensation plan in America. What can be more reassuring than a compliment from your regulator?
Did you know that LifeVantage is a public company with its shares listed and trading in NASDAQ? That means regularly the company releases it audited financial reports to public. You can go through the reports and see the performance of the companies yourself without being told by a third party or without worrying that the results could be out of creative accounting.
The massive growth the company has gone through can be attributed to good relation with the distributors who are the core drivers of revenue growth. A happy distributor will strive to make more sales to earn more. Protadium is the other key factor in the growth since it is used in manufacture of many products that you will find in the pharmacy close to you.
Signing up with Life Vantage will be of benefit to you since you get to sell great product and at the same time making really good commission. It is a well regulated company by DSA and a public company so you can make double earnings by buying their shares to be a part of the owners. The company can't be scam when it has been tested and proven to be paying commissions.
There is a sharp contrast between LifeVantage and other networking companies when it comes to lawsuits. Some like Melaleuca when you search online you will find dozens of lawsuits against them from both distributors and the management. This is normally what happens when greedy exceeds the will to work.
LiveVantage scam can't be true. It has the best mlm compensation plan in the country. Try them and you will never regret that choice.
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Find out more about the Lifevantage scam by visiting http://alderinordell.com/home/lifevantage-scam-avoid-lifevantage today. For additional information on the best MLM compensation plan, view the links at http://alderinordell.com/home/best-mlm-compensation-plan right now.
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