{"id":767,"date":"2007-06-16T11:52:51","date_gmt":"2007-06-16T17:52:51","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/2007\/06\/16\/usana-distributors-are-volunteers-according-to-the-cfo\/"},"modified":"2012-08-01T15:55:15","modified_gmt":"2012-08-01T20:55:15","slug":"usana-distributors-are-volunteers-according-to-the-cfo","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/usana-distributors-are-volunteers-according-to-the-cfo\/","title":{"rendered":"Usana Distributors are Volunteers, According to the CFO"},"content":{"rendered":"<p>Usana Health Sciences Inc. CFO Gil Fuller (they guy who called himself a CPA when he didn&#8217;t have a license) has been trying to spin many of the negative facts being revealed about the company. This one is fantastic.<\/p>\n<p>Fuller gave a presentation on Thursday at the Morgan Stanley Small Cap Executive Conference in New York City. <a href=\"http:\/\/www.bloggingstocks.com\/2007\/06\/15\/usana-cfo-our-distributors-are-volunteers\/\">Zac Bissonnettte at BloggingStocks<\/a> listened to the recording of the presentation and had this to say:<\/p>\n<blockquote><p>When asked about whether he is a CPA during the company&#8217;s analyst presentation on Thursday, Fuller joked that he needed to ask Bill Clinton&#8217;s attorney about the definition of is. But the highlight of the presentation came earlier when Fuller explained the company&#8217;s &#8220;business opportunity&#8221; by saying that &#8220;direct selling implies a volunteer army&#8230;&#8221;<\/p><\/blockquote>\n<p>Now what a great explanation for why almost no one is making money in Usana. They&#8217;re volunteers. Apparently volunteering to spend their money, so the company can use that money to repurchase stock, so that management can get rich exercising their stock options. What a great volunteer opportunity!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Usana Health Sciences Inc. CFO Gil Fuller (they guy who called himself a CPA when he didn&#8217;t have a license) has been trying to spin many of the negative facts being revealed about the company. This one is fantastic. Fuller [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[184],"tags":[],"class_list":["post-767","post","type-post","status-publish","format-standard","hentry","category-pyramid-schemes-mlm"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-cn","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=767"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/767\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}