January 10, 2013
January 14, 2013 – Recording Innocent People’s Calls (without notifying them)
January 17, 2013 – Recording Innocent People’s Calls (without notifying them)
January 17, 2013 – 10 Reasons to Join ViSalus by Ambassador Jared Overton
If the owner of a certain delivery company is extremely closely affiliated with the type of company below,
How does the saying go: If it Looks like a duck (or Pigeon) — Walks like a duck (or Pigeon) and – Sounds like a duck (Pigeon) …
It’s time to duck!
http://m.seekingalpha.com/article/1112291 | How Will Jared Davis Overton (SLC Utah) Spin This Disturbing ViSalus News?
http://www.fool.com/investing/general/2013/01/14/just-avoid-these-businesses-completely.aspx | How Does Jared Davis Overton (Provo Utah) Explain Why Top Investors are Saying to Avoid Their Company?
http://m.seekingalpha.com/article/1107821 | Is Jared Davis Overton (Provo Utah) Worried About Her Business Being Labeled “unfair and deceptive”
http://finance.yahoo.com/news/upcoming-deadline-levi-korsinsky-notifies-203900583.html | Does Jared Davis Overton (Orem Utah) Think ViSalus Masked Declining Performance?
http://finance.yahoo.com/news/bernstein-liebhard-llp-announces-only-163600705.html | Did Jared Davis Overton (Orem Utah) Know about (ViSalus) Overstated, False and Misleading Statements?
Now is exactly the wrong time for Herbalife competitor Blyth, Inc. to defend its near- and long-term prospects. After its share price peaked above $46 in August amid incredible sales from its primary subsidiary, multi-level marketer ViSalus, the good times at the direct-to-consumer company seem to have come to an end. The question is, does Blyth have what it takes to rebound from its woes or is the company heading into darker waters?
$46 to $15?
Blyth a “C” Investment Risk?
Several Red Flagged Practices?
Currently, while Blyth’s “C” ESG Rating reflects moderate risk, several red-flagged practices exacerbate investment risk. The company has D-rated board and compensation practices and an ownership structure poorly aligned with shareholder interests. Consequently, GMI Ratings’ Litigation Risk model has been showing warning signs for Blyth since the end of September as its score has fallen in three consecutive rating periods, from 48 (or “Negligible Risk”) to its current score of 16 (“Moderate Risk”), placing the company in the 16th percentile of all North American companies . This rank indicates higher shareholder class action litigation risk than 84% of all rated companies in this region.
Ratings Fallen for 3 Consecutive Rating Periods?
From a 48 (or “Negligible Risk”) to its current score of 16 (“Moderate Risk”)
“ViSalus walks what appears to me, based on my read of the company’s filing, to be a controversial line between legal direct selling and pyramid scheme.” In fact, Blyth states in its annual report that it is “subject to the risk of challenges to the legality of our network marketing program, alleging, for instance, that it is an illegal ‘pyramid scheme’ in violation of federal and state laws,” http://m.seekingalpha.com/article/1112291
“Just Avoid These Businesses Completely!”
Investors need to be extremely cautious before entering into any position involving a multi-level marketing company. I’m not saying any of these companies are fraudulent; but if one topples, it could bring the rest down with it. I believe in the altruistic nature of socially responsible investing in principle, but I have no problem picking up a tobacco or firearm stock if I find it’s poised to pop. This won’t be a soapbox article about why investing in morally ambiguous companies is wrong, but it will address the risks behind doing so.
You shouldn’t need a Boston attorney to spot a pyramid selling scheme. You shouldn’t have to be a Wall Street quant to recognize a direct selling business that is an “endless chain.” And you shouldn’t have to wait for the FTC to tell you whether or not a particular multi-level marketing (MLM) company is “unfair and deceptive” when millions of people are being solicited. There are market-based, reasoned and well-researched tools and assessments available for individual investors, analysts and consumers to answer questions of MLM legality and sustainability. This article presents some of them.
The diverse or diametrically opposing views unleashed by questions and claims of hedge fund managers David Einhorn and William Ackman about the iconic multi-level marketing company, Herbalife International (HLF), and the related spikes in share prices of other MLM companies, such as Nu Skin (NUS), Usana (USNA), Medifast (MED), Blyth (BTH) and others, bear witness to a widely experience blind spot regarding multi-level marketing and pyramid schemes.
From the perspective of my work and involvement in multi-level marketing since the mid-90s, I observe that decades of confusing data, lack of transparency, inconsistent and lax law enforcement, cleverly diverting arguments, and outright false information about pyramid schemes and multi-level marketing have led to a broad decline in the ability of millions of people to recognize pyramid schemes. An “extraordinary popular delusion” regarding pyramid schemes has spread across the land, not unlike the confused thinking that accompanied the dot-com and housing/mortgage bubbles.
Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Connecticut on behalf of investors who purchased Blyth, Inc. (“Blyth” or the “Company”) (BTH) stock between March 14, 2012 and November 6, 2012. For more information, click here: http://zlk.9nl.com/blyth-bth.
The complaint alleges that, during the Class Period, defendants issued materially false and misleading statements regarding the Company’s financial performance and future prospects. In particular, the complaint alleges that the Company overstated the viability of ViSalus, Inc., a weight loss marketing company in which Blyth holds a controlling interest, in order to mask declining performance in the Company’s other units and lines. If you suffered a loss in Blyth you have until January 14, 2013 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
The complaint charges Blyth and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Blyth is a marketing and manufacturing company that sells personal and decorative products throughout North America.
*More than $462,000,000 in market capitalization vanished !!
The complaint alleges that, during the Class Period, defendants issued materially false and misleading statements regarding the Company’s financial performance and future prospects. In particular, the complaint alleges that the nature and ongoing viability of the strong results being reported for ViSalus, Inc., a multilevel weight loss marketing company in which Blyth owns a controlling interest, were being overstated, and that this was masking declining performance in the Company’s other operating units and product lines.
The complaint further alleges that beginning with a September 21, 2012 Moody’s Investors Services cut in its outlook for the Company, the market began to learn through a series of partial disclosures ending on November 6, 2012, that the Company’s financial soundness and business metrics were not as they had been represented during the Class Period. As Blyth’s stock price fell with each of these revelations, more than $462 million in market capitalization vanished.
Is www.Pigeonship.com a Cleverly Hidden MLM Scam Disguised by ViSalus Ambassador Jared Davis Overton (Provo Utah) or Legitimate?