January 29, 2010
XELR8/BAZI, ARBONNE, MY POWER MALL, HOW DOES THIS AFFECT YOU?

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XELR8/BAZI, ARBONNE AND MY POWER MALL ALL HAVE CRASHED AND BURNED
This e-mail is NOT to celebrate the loss of thousands of Dreams,
it is to further educate You that::

Business Models “”ALWAYS”" Drive The Behavior In The Field.

When You “Front End Load” people with product that they pay
$287.00 wholesale and then they sell it on E-Bay for $50.00 the
“Results” are exactly the same “EVERY” time.

When You understand the “Truth” it’s like having a Crystal Ball.

Arbonne In Chapter 11 Bankruptcy: It’s Official

Posted on 27. Jan, 2010 by Ty Tribble in Arbonne

Arbonne has officially filed for Chapter 11 Bankruptcy protection
in Delaware.  Here is the court information:

Natural Products Group LLC, U.S. Bankruptcy Court, District of
Delaware, No. 10-10239

The company was $530 million in debt while Arbonne distributors
were telling their prospects that the company was debt free.

From Reuters:

The company plans to borrow up to $20 million to fund operations
during its bankruptcy, known as a debtor-in-possessio n loan.

Lenders owed approximately $530 million will end up owning 85
percent of the reorganized company’s equity under the restructuring
plan. They will also have a new term loan worth $125 million.

Lenders owed about $216 million under a separate loan will be
allocated warrants that will allow them to purchase up to 5 percent
of the equity in the reorganized company.

Harvest Partners LP, a New York private equity firm, owns the
pre-bankruptcy equity in Natural Products Group and it will be
wiped out.

Harvest formed Natural Products Group in 2004 to buy Arbonne
International LLC, a direct marketer of personal care products,
and Levlad Inc, which owns the Nature’s Gate line.

Harvest, with other investors, provided $93 million of equity for
the acquisition

Natural Products Group, based in Irvine, California, said in court
documents that it grew rapidly in 2005 and 2006 as Arbonne
added a large number of direct marketing contractors, providing
an unsustainable boost to revenue.

The company’s net sales began to fall in 2007-2009 due to a
loss of direct marketers and downturn in the economy.

The real sad part is that EVERY Distributor that said that the
company ( Arbonne ) was DEBT-FREE while sponsoring can
be sued in court for that action alone.

LEARN THE TRUTH AND SAVE YOURSELF FROM THE CRASH AND BURN!!!!

“SUCCESS IN 10 STEPS”

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Shoveled into: Uncategorized,
Snowed under by Randy Fried at 2:59 pm | 2 comments

2 Comments »

  • bandsxbands said:  
    (On February 9th, 2010 at 1:00 pm)

    Seeing these kind of posts reminds me of just how technology truly is ever-permeating in this day and age, and I think it is safe to say that we have passed the point of no return in our relationship with technology.I don’t mean this in a bad way, of course! Societal concerns aside… I just hope that as memory becomes cheaper, the possibility of transferring our memories onto a digital medium becomes a true reality. It’s one of the things I really wish I could see in my lifetime.(Submitted from OperaMod for R4i Nintendo DS.)

  • UGG Boots said:  
    (On February 18th, 2010 at 10:00 am)

    This article was very useful for a paper I am writing for my thesis.

    Thanks

    Bernice Franklin
    UGG Purses
    UGG Bags
    Classic Tall Chestnut

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