In November last year BK Boreyko requested court-approval to sell of his share in AZPACK Properties LLC.

The FTC objected to the proposed sale, on the ground that AZPACK Properties was a holding company for real-estate properties. The FTC contended that the sale of Boreko’s share in AZPACK violated the terms of the Vemma preliminary injunction in place, which prohibit Boreyko from selling off real-estate.

Boreyko argued that he was just selling shares in an LLC, which in and of itself was not tied to any specific real-estate.

Judge Tuchi finally made a ruling on the matter earlier today, denying Boreyko’s proposed sale in full. [Continue reading…]

Amid questions of why Boreyko sat on his proposed short sale for six weeks before notifying the SEC, and whether or not the short sale of property would violate the terms of the Vemma preliminary injunction, the likelihood of Boreyko’s proposed short sale being granted were slim.

With a requested transaction date of January 18th, Boreyko had requested an expedited decision on the matter. This request was granted, with Judge Tuchi today denying Boreyko’s short sale proposal. [Continue reading…]

InCruises operate in the travel MLM niche and are currently in prelaunch.

The Incruises website lists a corporate address in the US state of Florida, which the company claims is

the address we use for all legal filings and customer mailings (if any). Our customer service staff works from this location.

We also have an office (not publically (sic) listed) where we house our in-house finance, operations and technology teams.

We also have a recording studio we manage from another non-listed location. We do not want to list these addresses on our site to avoid impromptu visits from distributors.

On the management side of things InCruises is headed up by Michael Hutchison (right) identified as Founder and CEO. Hutchison works out of an executive office in Orlando, Florida.

On his LinkedIn profile, Hutchison claims to have had his “share of failed start-ups”. Despite an extensive list however, no MLM companies appear in Hutchison’s provided employment history.

I ran a few searches myself and nothing turned up, suggesting InCruises is Hutchison’s first MLM venture as executive.

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

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…]