Modere collapses, no notice to distributors
Modere has collapsed. Earlier today the company published a goodbye message on its website.
It’s understood that Modere distributors had no prior notice of the collapse. That said, the signs were there.
Modere was a personal care MLM company owned by Z Capital Partners, a private equity firm owned by Capital Group LLC.
Modere was originally headed up by Robert Conlee. Asma Ishaq replaced Conlee in 2018 but bailed last year.
Since Ishaq’s departure Modere has been under the leadership of Nate Frazier.
Frazier was appointed Modere’s President, COO and Executive Chairman in December 2023.
Frazier’s appointment followed the termination of top Modere distributor Justin Prince.
Whether Modere would have collapsed had Prince not been terminated is debatable but, as things played out, gives us a definitive moment Modere went into decline (Modere did terminate business operations across Asia in 2018 but that’s a bit too far back).
Prince’s termination saw two lawsuits filed. In Modere’s lawsuit, the company alleged Prince had “sabotaged and crippled” Modere from around August 2023.
It was a bit of an ironic turn of events, given Modere was accused of corporate sabotage by Nerium in 2017.
Prince (right) would go on to launch Make Wellness which, at least early on, was primarily made up of former Modere distributors.
As an aside, Make Wellness isn’t doing to well either. SimilarWeb tracked a near 50% reduction in Make Wellness website traffic from the US as of February 2025.
Getting back to Modere, the company further declined in early 2024 with the departure of more top distributors.
This resulted in Modere filing suit against LaCore Enterprises owned Frequense. After failing to secure an injunction, Modere dropped the case in July 2024.
Modere appears to have limped along since, until finally collapsing earlier today.
While companies collapsing is part of business, it should be noted that, up until as late as the end of February 2025, Modere was putting out misleading public statements.
As per a February 27th Modere press-release announcing a new Chief Revenue Officer hire;
“As Modere continues to expand its reach and accelerate growth, we are thrilled to welcome Catherine to our leadership team,” said Nate Frazier, Modere President and Chairman of the Board.
Going on to collapse a month and a half later, clearly Modere was neither in a state of expansion or “accelerated growth”.
Today was supposed to be State Of The Scam 2025 but then this happened.
Tomorrow.
Watch What Happens Now …..
Leaders will go after All the Under the Table ” FREE COOKIES ” taking Deals Left and Right to Start False Momentum Again …..
You cannot have Momentum Twice in Any company …… Unless you start Completely Over with a Zeroed out Data Base ….. So Now the Biggies will be Offering Select People $$$$ to do Exactly what they Did over there ……
Consumers want Integrity Inside the Company and Products with Integrity along with Leadership …. WITHOUT that — Its a Prescription for Disaster …… Again …..
Did Modere have any leaders left though?
The leaders all went to scam other victims at OneCoin, Omegapro, Validus, MEtfi, Crowd 1, Goldenway and other Scams… More lucratives.
That picture is haunting because I’ve been a part of those events before … the leaders know the ship is sinking … but will put on happy faces to (hopefully) get people to go home and make sales.
Beth Brannan was very high up in UK and is a serial MLM ‘leader’.
There’s been a number of tearful lives which would suggest she didn’t have a clue, but then again you’re hardly going to admit to the team that aren’t getting paid their March commissions that you knew anything about it…
Some Modere top earners trying to keep it all together but it doesn’t pass the smell test.
Last night I was on a Zoom meeting conducted by some Modere leaders to inform all of us distributors to “hold tight”, that they are going to startup a new company and quickly.
They told us the new company will be headed up by Josh Zwagil of My Daily Choice. They said that Zwagil will “assist Modere top leaders to create a new company”, that he will “give it all the support it needs, both in time and money”.
The leaders said they “totally love Modere and they want to continue its legacy”. We were told to “be patient”, that it will “take time”, but “not too long”, because “Josh is awesome and has everything he needs to put it all together fast”.
We were told that the new company will offer “much higher than average commissions” and will “get to momentum much faster”.
Several more Zoom meetings are planned for today (Monday). I want to believe them, but something in my gut tell me it’s all about greed just to ramp up their big checks as quickly as possible. Like I said, it just doesn’t pass the smell test.
Really sorry to know that Modere collapsed. Hope it revives and grows again in future and comes back strongly.
I need to order Modere go, is there a way please. Thanks and Regards.
What’s also very interesting is within 72 hours of the announcement that Modere was closing, the remaining top “leaders” (having big numbers doesn’t make a Leader) announced they were starting a new company within the next few days.
How does a group of people who were allegedly “surprised” and “shocked” have so many pieces in place so quickly to launch a new company?
Seems like they knew something was inevitable and they began looking around and setting things up before the announcement.
Also seems like they did EXACTLY what they accused Justin Prince of doing…but ultimately lost that case.