Tuesday, April 27, 2010

USANA's 1st Quarter Earnings Boosted by incredible E. Asia Recruiting - Mainland China Recruiting???

USANA's 1st Quarter Earnings Boosted by incredible E. Asia Recruiting

East Asia increased distributors from 35,000 to 57,000. That is a 63% increase. However, the rest of the world stayed the same or dropped. See USANA's 1st Quarter 10-Q.

USANA's preferred customers also continued to decline, no surprise.

I have been claiming that USANA's growth is because of illegal activity in Mainland China. I have good reason as well. An internal USANA document even says so!

http://www.sequenceinc.com/fraudfiles/wp-content/uploads/2010/01/usanacompliance100609.pdf
"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…
"

In  case you missed it:
"large sum of product ends up in China"

When will the SEC investigate this issue. If USANA's Asian Market growth is from illegal recruiting in mainland China (and I believe it is), then USANA should be held accountable. USANA admitted that there is a LARGE SUM of product being sent to mainland China. When the SEC is done looking at porn on your tax dollars, I suggest they start doing their job and investigate USANA's China fraud.