Upload
water-for-life-usa
View
151
Download
2
Embed Size (px)
DESCRIPTION
LifeVantage is an amazing company that is becoming successful rapidly! It is definitely NOT a scam, no matter what the gossip-mongers say! It is also your ticket to the best mlm compensation plan. Learn more about it with Alderin Ordell at www.waterforlifeusa.com or call him at 877 255 3713.
Citation preview
IS THERE A LIFEVANTAGE SCAM? SHOULD YOU AVOID LIFEVANTAGE?
Author Bio: Alderin Ordell is the owner of http://www.waterforlifeusa.com and you can read his blog
at http://www.alderinordell.com or call him at 877 255 3713.
LifeVantage is a rapidly growing multi-level marketing company. They have seen their net revenue
increase 65% to over 208 million in 2013 when compared to 2012. With that success has come a
host of nah-sayers, some calling their business opportunity the “LifeVantage scam”, and while I’d like
to say all the attacks are without merit, that’s just not true. Some are very valid concerns that you
should consider before joining this company.
Who Invented Protandim? Do Lies About Protandim Make a LifeVantage Scam? Those who say there is a LifeVantage scam ask the question, “just who invented Protandim?”
Protandim is the main product LifeVantage manufactures and distributes. There are over a dozen
published peer-reviewed medicals articles that demonstrate Protandim significantly lowers oxidative
stress in people, and oxidative stress has been linked to or has been determined to be the cause of
most human illnesses and diseases.
In the beginning, Dr. Joe McCord, who discovered SOD (super-oxide dismutase) and won the Eliot
Cressen medal for his research, took most of the credit for the invention of Protandim. In 2005 he
said, “I was presented with a list of 41 potential ingredients for a product they wanted to call
Protandim, and I went through the list and penciled out, rapidly, about 36 of those ingredients.”
But another man named Paul Myhill, who is a former LifeLine Therapuetics executive, stated in
March 2009, “We initially decided to hide that fact [that Myhill derived the core composition for
Protandim] for marketing purposes and instead rely on the impeccable background of Dr. McCord.”
So, you can see the problem.
LifeVantage started marketing Protandim with lies. Paul Myhill took a buy-out payment from
LifeVantage and decided to focus on his Christian charities but to this day is still upset about not
being credited with the invention of Protandim. He produced a signed letter from McCord in which
McCord stated, “I do not honestly feel that I have made contributions to the intellectual property, up
to this point, that would qualify me as an inventor… I must congratulate you and Paul for having
framed the concept of Protandim so close to its final embodiment, prior to the beginnings of our
association.” Find out more about LifeVantage at www.protandimmaryland.com.
In 2012 LifeVantage ended their association with Dr. Joe McCord, tel ling all the current distributors
at their San Antonio Elite Academy, a training convention, that Dr. McCord had retired. But
mlmwatchdog.com is reporting that instead they bought him out with 1.7 million.
More LifeVantage Scam Attacks: Legal Issues LifeVantage has also been sued. In 2009, LifeVantage was sued by Utah-based Zrii LLC, a marketer
of nutritional fruit drinks endorsed by Deepak Chopra, based on allegations that LifeVantage had
conspired with former Zrii executives to “ruin the company” and take it over “on the cheap” following
a “mass exodus”. LifeVantage ended up paying Zrii $400,000 to Zrii.
On October 14, 2011, Burke Hedges, a former LifeVantage distributor (hired for his background as a
speaker and trainer) filed a lawsuit with the Utah District Court against LifeVantage and its
executives, seeking $3 million in punitive damages over allegations of wrongful termination and
tortious interference.
In November of 2013 LifeVantage terminated and are suing their former top distributor, Jaso n
Domingo, claiming that he was loose with company trade secrets and also he was setting up a
competitive business. Jason stated of LifeVantage corporate management: “there is no statement
too strong that speaks to the malfeasance of this management team.” For those who don’t know,
malfeasance means intentionally doing things that are morally wrong.
Is there really a LifeVantage Scam? Should you avoid LifeVantage?
In the early years, LifeVantage has certainly been guilty of lying about who invented
Protandim. They’ve also suffered a couple of lawsuits. But on the other hand, LifeVantage is a
member of the DSA or Direct Selling Association, which monitors the ethics of network marketing
companies. The DSA states that LifeVantage has the best compensation plan in the whole market.
LifeVantage always pays their distributors in full and on time. Furthermore, LifeVantage is listed on
the Nasdaq, which means their finances are constantly monitored, so they can’t fudge numbers.
They are legitimately growing quickly. There is no LifeVantage Scam, find out more about products
by LifeVantage at www.protandimmaryland.com.
So, it can’t be a scam if distributors are getting paid well, paid on -time, and the product they’re
selling is really good. Find out more about products by LifeVantage at www.protandimmaryland.com.
I believe the main reason that LifeVantage is growing so well is the strength of Protandim as their
main product.
As I stated before, Protandim has over a dozen published peer-reviewed medical articles which you
can research at pubmed.gov. Most products in your pharmacy usually have one or two and certainly
no other network marketing company has a product that is so well researched with positive results.
To me, that means that anyone who signs up with LifeVantage has a great product to sell and great
commissions for selling that product. They are also joining a company that has a solid backbone
rooted in the DSA, scientific studies, the Nasdaq, not to mention several patents to protect their
product.
When you compare LifeVantage to other network marketing companies, LifeVantage looks really
good in comparison. Do a search for a company like Melaleuca and you’ll see host of lawsuits and
terminations of their top distributors. In fact, search for any of the major network marketing
companies and you’ll see fights in management, lawsuits, etc. And that extends well beyond network
marketing companies. All major US companies have issues. Where there’s money, there is greed.
Where there is greed, there are lies. Where there are lies, there are problems.
I wish LifeVantage was perfect. I wish everyone was happy, there weren’t any lawsuits, they always
marketed with total honesty… But the main question you have to ask yourself is “will these earlier
problems with LifeVantage hurt my ability to set up a successful business now?” I say no.
It can’t be a LifeVantage scam when the commissions being paid when you first sign up are similar
to wholesale programs. It can’t be a LifeVantage scam when the product you’re selling it fully tested
and proven. The early dishonesty may give you some pause, but the new LifeVantage leadership
has vowed to do better, and when you look at the big picture, LifeVantage may be just what you’re
looking for in a network marketing company.
To your success!