This one is a great one. Please visit the article at Usana Health Sciences knows it products are being sold illegally in China
Here is the internal document that states so: USANA Internal Document
"IV. What is the biggest market that buys our products that we are not eligible to operate in?
i. Once again I couldn’t give you an exact answer on this. Since I work with our Asian markets, I know that a large sum of product ends up in China, but I’m sure product somehow gets shipped to other unauthorized markets as well… "
So Barry Minkow was right about this all along. This also explains the unusual growth in USANA's Asian market. Their growth is due to illegal activities! I believe the SEC should investigate this matter. If USANA's knew for years that illegal activity in China accounts for a "Large Sum" of product, then they knowingly deceived shareholders and used this to keep the stock price propped up. All this while the insiders keep selling millions of dollars worth of stock.
Researching and analyzing USANA and its pyramid scheme. Associates, Shareholders, and Federal Regulators should read.
Thursday, January 21, 2010
Wednesday, January 20, 2010
USANA Becomes Official Supplement Provider of AFC Bournemouth - Sign me up!
USANA's latest press release titled "USANA Health Sciences Becomes Official Supplement Provider of AFC Bournemouth" is another desperate attempt to make news out of nothing.
Stated on the article is the following: “As a 37-year-old professional footballer, it is vital that I look after myself to the best of my ability,” said AFC Bournemouth Striker Steve Fletcher. “With USANA’s nutritional program, I have never felt better.”
What is not mentioned in the article is that Steve Fletcher is a USANA distributor. He is a salesman for USANA. His Distributor ID number is 4245360. So when you become a USANA distributor, it would also benefit you to have USANA create a press release about your "partnership" with the company. It is just too bad most of USANA's distributors have never made a profit in the business opportunity. And you can get brand new USANA product off Ebay at less than half the price that it costs distributors to buy it!
Stated on the article is the following: “As a 37-year-old professional footballer, it is vital that I look after myself to the best of my ability,” said AFC Bournemouth Striker Steve Fletcher. “With USANA’s nutritional program, I have never felt better.”
What is not mentioned in the article is that Steve Fletcher is a USANA distributor. He is a salesman for USANA. His Distributor ID number is 4245360. So when you become a USANA distributor, it would also benefit you to have USANA create a press release about your "partnership" with the company. It is just too bad most of USANA's distributors have never made a profit in the business opportunity. And you can get brand new USANA product off Ebay at less than half the price that it costs distributors to buy it!
Monday, January 11, 2010
USANA's Announced Partnership with Kathy Kaehler is Not a Partnership at all
USANA recently made a press release announcing their partnership with Kathy Kaehler. However, this is not a partnership at all!
Kathy Kaehler simply joined as a USANA Distributor. Her USANA distributor number is 4236366.
Since when did USANA distributors start being defined as "Partners" with USANA?
According to Wikipedia: "A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business."
USANA does NOT share their "Profits" with their distributors. Unless this is an actual partnership, USANA should stop writing untruthful press releases just to give an appearance of substantial news. Distributors are recruited every day. Why are they not receiving the same special treatment from USANA as Kathy Kaehler has?
Kathy Kaehler simply joined as a USANA Distributor. Her USANA distributor number is 4236366.
Since when did USANA distributors start being defined as "Partners" with USANA?
According to Wikipedia: "A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business."
USANA does NOT share their "Profits" with their distributors. Unless this is an actual partnership, USANA should stop writing untruthful press releases just to give an appearance of substantial news. Distributors are recruited every day. Why are they not receiving the same special treatment from USANA as Kathy Kaehler has?
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