Herbalife
- Thread starter mediocre
- Start date
Tryharder62
Keep Believing
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- Jan 27, 2012
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- 12,746
Why???
Bill Ackman called the company a ponzi scheme and the CEO called Bill Ackman a fucking idiot basically.
lovetoread
hello daddy
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- Mar 16, 2001
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- 42,978
It's a scam and the product is crap.
It's a pyramid scam though, not a ponzi one.
It's a pyramid scam though, not a ponzi one.
warrior queen
early bird snack pack
- Joined
- Jul 17, 2003
- Posts
- 31,500
I seem to remember there was something they got busted for a while ago, here....
They were making claims on their products that weren't backed up, so the consumer commision ordered that they change them.
Something like 'Assists in weight loss' had to be changed to 'May assist with weight loss' or something like that.
I don't use their stuff. Overpriced for what you get imo.
They were making claims on their products that weren't backed up, so the consumer commision ordered that they change them.
Something like 'Assists in weight loss' had to be changed to 'May assist with weight loss' or something like that.
I don't use their stuff. Overpriced for what you get imo.
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My bad, that's what he called it. A pyramid scam.
It's funny, he's short the stock and by bad mouthing it he is making millions. To me that's market manipulation.
Exquisition
Literotica Guru
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TonyClifton
Literotica Guru
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- Apr 7, 2012
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Send me ten bottles.
lovetoread
hello daddy
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- Mar 16, 2001
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- 42,978
It sounds like a made up fuss to move the stock.
LiFeNdEaTh
The Usual.
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- Feb 25, 2010
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- 21,307
nope...
LiFeNdEaTh
The Usual.
- Joined
- Feb 25, 2010
- Posts
- 21,307
I got yer fuckin' herbalife....
bwahahah
Noor
Citizen of the World
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- Jan 7, 2003
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- 30,892
Its MLM (multi level marketing.) They make money off of signing up new people rather than selling product. I am told their vitamins are okay, but over priced.
I have a good friend who can make serious money at MLM but then what usually happens is the companies tend to change their policies in response them. Places like Mary Kay don't want to hand out tons of pink caddies, so my friends sues them to get their money back and some profit. Very few people can sell at that level. My friend used to sell for a multinational with a several billion dollar quota several decades ago, they could make money at it but they can make money at most anything.
If you want to win the at MLM you need to be very organized at selling, and sell on scale, and/or be a good con artist. However, if you can do that you are better off elsewhere.
I have a good friend who can make serious money at MLM but then what usually happens is the companies tend to change their policies in response them. Places like Mary Kay don't want to hand out tons of pink caddies, so my friends sues them to get their money back and some profit. Very few people can sell at that level. My friend used to sell for a multinational with a several billion dollar quota several decades ago, they could make money at it but they can make money at most anything.
If you want to win the at MLM you need to be very organized at selling, and sell on scale, and/or be a good con artist. However, if you can do that you are better off elsewhere.
