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The Blog
  • Twin Pyramids: An Analysis of Distinctions and Points of Similarity between Usana Health Sciences and BurnLounge, Inc.

    Introduction Behind Different Masks, the Same Face Two companies, BurnLounge Inc.(1) and Usana Health Sciences, are in the spotlight of federal regulators, investors, fraud investigators and business journalists. The fundamental legitimacy of each company is in question. Both are being […]

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  • Fifteen Frightening Facts About Usana Health Sciences

    These 15 interesting (and yes, frightening) facts about Usana Health Sciences (NASDAQ:USNA) were posted on Yahoo message board. I thought they nicely summed up this multi-level marketing company, and wanted to share them here. Of course, I’m providing links to […]

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  • YTB Called “Gigantic Pyramid Scheme” By California Attorney General (and Sued, Too)

    Yesterday on WalletPop, I wrote about how California’s Attorney General announced a lawsuit against YourTravelBiz.com (YTB) and called it a “gigantic pyramid scheme.” The evidence that it is a pyramid scheme is based upon the fact that the company theoretically […]

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  • Usana Insider Gil Fuller Makes Over $1.2 Million on Recent Stock Sales

    With the recent settlement of the lawsuit Usana Health Sciences (NASDAQ:USNA) filed against Barry Minkow and Fraud Discovery Institute, the company’s stock price got a nice little boost. And just in time for retiring CFO Gil Fuller to cash in […]

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  • A Day in the Life of a Multi-Level Marketer

    This little piece is compliments of TerminatedRamp, a frequent poster on a Yahoo message board for Usana Health Sciences (NASDAQ:USNA). This analysis is right on the money! This man “Prescott” is trying to sell USANA’s 4.5 oz Fluoride Free Toothpaste, […]

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  • Usana Contradictions

    Are most Usana distributors with the company for the business opportunity or the vitamins? June 20, 2005 Earnings Call Usana CFO Gil Fuller says business opportunity – “We now have 125,000 active associates who are pursuing a home-based business opportunity.” […]

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  • The Dismissal of the Usana Health Sciences Case Against Fraud Discovery Institute

    This week, it was announced that Usana Health Sciences (NASDAQ:USNA) and Fraud Discovery Institute had reached a settlement in their legal battle. Usana basically had most of its case thrown out by a federal judge, but still could have pursued […]

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  • How NOT to Handle Criticism: Shop To Earn and Shop To Earth

    Ben W. Glass, editor at Clarislaw.com and attorney, did a nice write-up last week of the ShopToEarn situation. He thinks attorney Gerald Nehra made a boo-boo when he wrongly threatened Everyday Finance and me because of our negative reviews of […]

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  • Amway Sucks! Quixtar Sucks! Alticor Sucks!

    I’m no fan of multi-level marketing companies (MLMs), and Amway – Quixtar – Alticor is the mother of all MLMs. Amway Corporation was founded in 1959 by Rich DeVos and Jay Van Andel. It was originally called Ja-Ri Corporation, and […]

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  • Ever been pursued by someone recruiting for Amway or Quixtar?

    I’m willing to bet it went something like this!

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