Two days ago BehindMLM reported BK Boreyko’s request for an expedited decision on his motion to short sell a property.

The court granted the request, with the motion moving fast towards a January 15th decision.

Part of the discourse of the motion has seen the FTC file an objection to the sale, with the regulator questioning Boryeko’s honesty with Bank of America. [Continue reading…]

Things are looking pretty bleak over at Ominto, with the company yesterday announcing combined losses of almost $25 million since 2015.

The revelation is part of Ominto’s annual Form 10-K filing, filed on January 13th for the fiscal year September 30th 2014 to September 30th 2015. [Continue reading…]

Remember that brief but weird “tell all” video phase Sann Rodrigues went through last month?

Turns out it might have all just been a preliminary marketing pitch for upcoming Rodrigues-branded products. [Continue reading…]

Amid reports of unpaid commissions and an overall decline in business, Ariix announced a few days ago that they have acquired Asantae.

BehindMLM only recently published an updated Asantae review, which detailed claims of commissions owed to Asantae affiliates dating back to October 2014.

We also noted the Asantae’s website rank had dropped to 7.9 million, suggesting little to no business activity was taking place. [Continue reading…]

BestLife Worldwide launched in 2009 by founder and CEO Steve Moretta.

The company is based out of Texas in the US and operates in the health and wellness niche.

As per Moretta’s BestLife Worldwide corporate bio;

Steve has a long and successful career as entrepreneur and over 21 years working in the Health and Wellness industry.

Moretta’s own personal website is a little less vague:

I was born in Quito, Ecuador.  At the age of 18, I started my first business and it didn’t go very well.  I found the love of my life (Irene) at 22 and we both decided to go after the American Dream…  after we got married, we moved to the US.

At the age of 25, I was still struggling to pay the rent and I was living paycheck to paycheck but I learned (and applied) a  few key concepts that literally changed my life forever!

By the age of 30 I became financially free and now thanks to those same concepts I’ve been able to develop a multi-millon dollar company in the last 2 and a half  years.

Prior to BestLife Worldwide Moretta appears to have been affiliate with Formor International (nutritional beverages). This likely influenced Moretta’s founding of BestLife Worldwide.

On the topic of language, it appears BestLife Worldwide primarily target Spanish speaking people. The official BestLife Worldwide and Steve Moretta’s Facebook profiles contain posts almost entirely published in Spanish.

Read on for a full review of the BestLife Worldwide MLM business opportunity. [Continue reading…]

About a fortnight ago we covered the closure of Global Currency Reserve.

The closure was announced by CEO Bob Wood on December 31st, via an email sent out to GCR affiliates.

Nexxus University was touted as a rebranded opportunity going forward, however this time with new ownership and management. Details have otherwise been sketchy.

Now in a Nexxus University webinar held a few days ago, a ton of information regarding the closure of Global Currency Reserve and formation of Nexxus University has been clarified. [Continue reading…]

No verdict yet on the proposed AZPACK sale, but news today that Boreyko wants to sell off more real estate.

The proposal was made with Boreyko’s full knowledge of the preliminary injunction currently in place, which prohibits him from

selling any real estate asset that is owned or controlled by, or held for the benefit of, Defendant Boreyko, directly or indirectly.

Boreyko claims his [Continue reading…]

Vfinity launched in early 2014 and are based out of Florida in the US.

Vfinity is the premier weight management solutions direct sales company that Lifestyle Consultants and Customers need to become skinnier, healthier, and more financially successful.

Vfinity operate in the weight loss MLM niche and is headed up by CEO Alex Eliashevsky (right).

As per Eliashevsky’s Vfinity corporate bio;

A graduate of Northwestern University with a degree in Industrial Engineering, Alex Eliashevsky started his career as an equity options trader at the Chicago Board of Options Exchange (CBOE) in the year 2000 with Cutler Group LP, a sophisticated derivatives trading firm focused primarily on equity options.

Having early success in his career, he invested in a sole proprietorship and continued trading while maintaining a working relationship with the Cutler Group.

There’s no mention of MLM experience in Eliashevsky’s bio, suggesting Vfinity is his first MLM venture as an executive.

Read on for a full review of the Vfinity MLM business opportunity. [Continue reading…]

Valentus launched in late 2014 and are headed up by CEO and Founder, Dave Jordan.

In Latin, the word “Valentus” means “prevail,” defined as proving to be superior in strength, power, and influence.

A “product return” address in the US state of Nevada is provided on the Valentus website, however it is unclear whether or not this is where Valentus actually operate from.

A Google search of the Nevada address brings up United Fulfillment Solutions, who claim to be a ‘pick pack order processor, inventory manager, return processor, assembly partner, data processer (and) multiple facility‘.

The address provided by Valentus doesn’t differentiate from that of UFS, suggesting Valentus uses UFS for order fulfillment. A corporate address is not disclosed on the Valentus website.

Dave Jordan meanwhile first popped up on BehindMLM’s radar as a LiveSmart affiliate. Back in 2011 we ran a story covering Jordan’s giving away of sports memorabilia as a marketing angle.

When Jordan left LiveSmart 360 is unclear but it was presumably before the launch of Valentus (LiveSmart 360 itself recently collapsed).

Read on for a full review of the Valentus MLM business opportunity. [Continue reading…]

There is no information on the ProfitFactorX website indicating who owns or runs the business.

The ProfitFactorX website domain (“profitfactor.club”) was registered on the 4th of January 2016, however the domain registration is set to private.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]