About the author

avatar

Michael Ide

Michael has a Bachelor's Degree in mathematics and physics from Boston University and Master's Degree in physics from University of California, San Diego. He has worked as an editor and writer for several magazines. Prior to his career in journalism, Michael Worked in the Peace Corps teaching math and science in South Africa.

  • Rene E Porcile

    Recruiting someone makes a business a pyramid? All businesses recruit and all businesses, churches, military, girl scouts, etc have a pyramid organizational shape. You have NO clue on what is a legal MLM. Peace to you and good luck in your growth towards a better life.

  • Rene E Porcile

    What is rich to you may not the same to someone else. Rich is certainly… A healthy body mind & spirit, right?
    There are NO guarantees in a capitalist system only opportunities. HLF offers an opportunity, its not a welfare program – develop your talents and abilities to allow for greater success.

  • Sandra Carillo

    I hope Ackman doesn’t give up! Look at New Mexico, just one of the many poverty states that has been fooled into thinking this will make you rich.

  • Sandra Carillo

    Then why is it that so many shops open and end up closing within a year. It’s because they sell the product or at least try to but don’t recruit members. If you don’t recruit you don’t make it! I should know! It’s a pyramid scheme plain and simple!

  • Rene E Porcile

    “Apply Knowledge” didn’t have a product – HLF has an awesome consumable product with millions of satisfied customers!
    Less than 1% of Herbalife members use “Leader Generation Systems” – which has been banned by HLF about a year ago.

  • Rene E Porcile

    FACTS: In 2013, Herbalife had $7.5 BILLION in adjusted retail sales, $4.8 BILLION in net sales, Grew by 8%, Over 280,000 new members…

    Does Herbalife have a physical, consumable product that matters to people?
    Products that people enjoy and derive benefits from? Of course they do! That’s why the FTC will NOT open a case!

    Ackman has LOST over $500 million, so far and will lose over 1 Billion!

    With project growth in 2014, its a no brainer that the share is going to
    hit beyond $134 or more. LBO would jump price to 90+ over nite

  • Guest

    These companies operate very similar to Amway, the world’s largest MLM scam – google “stop the amway tool scam wordpress”

  • Karl Davis

    I love capitalism and feel the free market can set wages, prices, etc. This kind of company, however, isn’t what I consider of value – I want companies to produce something and not just trick people. I don’t think New York should set rent prices or cap the number of taxis, or that public sector unions should be able to rob taxpayers, but I’m glad to see this shut down.

Copyright © 2014 Valuewalk.com

Developed by Wordpress Junction

Share with your friends










Submit
Share with your friends










Submit