Securities and Exchange Commission. Some companies do, so any can. Food and Drug Administration and the Federal Trade Commission issued warnings to companies selling human chorionic gonadotropin HCG as weight loss products as the claims are unsupported. Little is known about his first marriage, to Oleksandra Polozhentseva, a Ukrainian immigrant. End of the road for the VW Beetle. And yes i am a max associate. I am a promoter of the number one weight loss and health Challenege in North America.
What can I do to prevent this in the future?
Is the company getting a bum rap? Competitors in the commercial weight loss sector are blaming lower consumer spending and a falloff in new customer traffic on a dearth of discretionary income, a result of the global economic slowdown. The state of the economy, however, has not prevented Medifast customers from attending to their expanding waistlines. Just what is Medifast's value proposition?
Customer testimonials, 20, plus alleged medical endorsements, websites owned, third-party, or something in-between -all make noise promulgating that the Medifast Program "is a lifestyle change, not just a short-term weight loss solution. So, in a crowded, dietary hippodrome filled with a plethora of options, from commercial meal replacement plans to medicinal appetite suppressants and self-help books, what are the distribution platforms used by Medifast to successfully communicate its branded message to prospective customers?
The Take Shape For Life TFSL website boasts that becoming a health coach is a business opportunity that has a low cost of start-up, requiring no holding of inventory as all orders are shipped to the end consumer. In addition, the site promotes an image where you start making money right away, with no limit to your earnings potential-as compensation is in the20form of a commission compensation on product sales made to your clients. A closer examination of company documents and regulatory filings, however, suggests a troubling lack of transparency at Medifast: Indeed, Medifast's financial performance is not supported by the contrary evidence put forth by its peers, and is contradicted by historical experience that actually links recessions with declines in discretionary consumer spending and poorer health and nutrition of waste-conscious consumers.
Nonetheless, opinions of its critics aside, if Medifast's success going forward is measured by recruiting rates of the TSFL segment, then the company is in a healthy position to witness continued strong revenue growth in the second half of and fiscal David Phillips has more than 25 years' experience on Wall Street, first as a financial consultant and then as an equity analyst for several investment banking firms.
He sifts through SEC filings for his blog The 10Q Detective, looking for financial statement soft spots, such as depreciation policies, warranty reserves and restructuring charges. A decade after the Great Recession, the U. The top-paying jobs tend to cluster in two industries -- and may prove less vulnerable automation.
Share Tweet Reddit Flipboard Email. Last Updated Aug 17, 5: See my previous post evaluating Medifast's claims of a "clinically proven" weight-loss method. Medifast Direct -- In the direct to consumer channel, customers order Medifast product directly through the Company's website, www.
Take Shape for Life -- The channel offers the personal support of a health coach that is often a person who h as achieved success on the Medifast program and has turned their success into a business opportunity generating incremental revenue for the company through relationship marketing. Max will vigorously defend itself, its business, its conduct, and its reputation in all lawful and appropriate manners, including, if appropriate, by filing counterclaims against Tripharma.
Also, see our overview of Max International here. Max International , Tripharma. I am sorry to hear you cannot get your money back.
I am a promoter of the number one weight loss and health Challenege in North America. This year we surpassed Jenny Craig and Nutrisystem. I am personally down 60lbs. We are expanding to Europe in the next few months. What I think you may like is our 90 Day money back results guarantee.
No pressure, but if you wish to contact me, I can send you a free sample and let you know the second we hit your shores if you like it. Take care and good luck. My daughter used WXL as directed for a month and gained weight! Also…anybody know why GXL smells like old paper? I will purchases as many as you have…. I lost maybe 3 or 4 lbs but could tell a difference in my body composition.
I would like to continue to use this product or one like it. Honestly to be considerate of their costumers I think MaxWLX should at least refer them to a comparable product— based on the U Conn rearch. Anyone have any suggestions? I had the old product XELLEX and it work,d really good , but when i and a few other try maxwlx it was not the same , we didnt realy get results with it ,As For there New reformulation of Max Nfuse its got 3 grams of suger in it and is nothing like there old Water Based Nano Nfuse.
And yes i am a max associate. Gxl is the only product worth looking at , but you can find other products simular. That do the same job. While MaxWLX was a disappointment for many, the new MaxOne is a major step forward in the ability to raise our glutathione levels. Well, I just got my WLX today and everything seems to be the same. Also, I had an old bottle of the WLX and compared the two. They seem the same to me. What in the world are some of these people up too??? I have just purchased Max wlx at 69 dollars per bottle.
Then I found out about the lawsuit. I read the lawsuit and have tried several times to contact max international about the change in ingredients. The ingredients on the bottle for maxwlx is Gucomannan!!!! I can buy a bottle of Gucomannan in any drug store or health food store, caps for What i recieved is NOT the product ingredients max international is telling people about in all there clinical trials..
This product is a SCAM!!!! Appreciate your reflections and comments but once again, there seems to be a bias against Max that oozes out of each blog comment you leave. Max pays some commissions weekly and others monthly. Max chooses to create a system that works for them, gets monies into the field on both a monthly and weekly basis and allows for financial viability for the long term.
I would be more concerned about how many checks have bounced, how many times checks never show up or are late, how difficult does the company make it for the field associates to stay at a certain pay level without trying to reinvent the wheel each month or do the ground rules change monthly to suit the whimsy of ownership.
I am a Max associate so you know my bias right up front as stated above and I know the following: To my knowledge no check has ever bounced, checks are in my mailbox exactly when they are supposed to be, I do not have to deal with the nightmare of rushing around each month trying to sign up fictitious people just to stay qualified etc.
Have a great day John Sterling and blessings as your build your business with the company of your choice and we all take comfort in having an option to turn to in this economy! I am not here to bash any companies. I am just curious why some companies can pay their binary commissions weekly while other companies pay monthly. I was once an associate with Max. I have personally met the owners of Max Intl.
I believe, as most do, that they mean well and have good intentions. Lou, are you an independent associate with Max Intl? Max does pay some commissions weekly, and some monthly. Can they pay all commissions weekly?
I am sure that that could if they though it important. Some companies do, so any can. I know great companies that only pay all commissions monthly. I know of totally worthless companies that claim to pay daily. Sorry to comment strongly on your comment. I am simply trying to keep the level of comment content high. Your comment was not well thought out, in my opinion. Please let me know. John — are you saying that the frequency of payout on one part of a companies comp plan is somehow related to whether a company is a mission-driven company with integrity or not?
Remember all — this is the guideline for comments: Uninformed or poorly thought out and expressed opinions? He took it for only days, and started to lose weight! I do agree that in this industry, people make remakes only for diversionary reasons. I am a Max International distributor and will not hide that association. Sorry I am so skeptical but there are a few well meaning people out there that, when reading some of these posts will actually believe them.
Max had the exclusive rights on the key ingredient in WLX and at some point relinquished those rights to become one of several companies distributing a product with that ingredient. Once again, that is public knowledge and congruent with what Max has presented corporately. Max owns outright, the patents and technology associated with Cellgevity. Fact and public knowledge. Anyone who has spent time with, or researched the Founders or management of Max International knows their Heart and Spirit.
There are no skeletons in any closets and these folks are who they say they are. Unfortunately, in trying to build a truly Great company in the Network Marketing Industry and striving to have only people of the highest level of integrity in the field representing Max, there have been many left by the side of the road that are, and will continue, to take every opportunity to deride Max.
It is sad that we, as a business community Network Marketing cannot just go out and talk about the merits of our companies and products without having to tear down someone else in the process. Thank you Lou for providing this forum and for being the ever observant source of news and dialog that you are for this industry!
Billions of dollars and sharp. And what a party that was! I can tell that the founders of Max are scared! I work in the same building and often eat lunch at two of the restaurants Fred and Greg eat at. I can tell you that a They did not renew the license for WXL and 2 they did change the composition. Steve and Fred often speak openly and i can hear their conversations. I was offered a position with Max this past summer.
I investigated them quite thoroughly. I learned that Max International owns none of the products, they license the products from 3rd parties.