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Metabolife Companies' Information:
"In 1989, Michael J. Ellis set about developing an herbal blend to enhance his father's energy while combating terminal bone cancer. Under the guidance of herbalists, Mike Ellis created a formula that gave his father enough energy to visit with family and friends during his final days of life. Mike's formula proved so beneficial that before he died, Joseph Ellis made his son promise to market it so others could reap its benefits. That formula is known as Metabolife 356® dietary supplement. Now the energy that Metabolife 356® gave Joseph Ellis is being used by millions of Americans to fight another battle, those excessive pounds of fat brought on by overeating and lack of exercise.* By raising a user's metabolism, this herbal formula not only causes a more energetic feeling, but reduces the appetite and helps the body more rapidly burn the calories that it does take in.* Currently, Metabolife 356® is one of the best selling herbal dietary supplements for weight loss in the U.S. Mike had no idea that his desire to help his ailing father would ultimately affect so many lives in such a positive way."
"With the dietary supplement Metabolife 356® as the flagship of a growing line of herbal-based nutritional products, Metabolife International, a privately held San Diego-based firm, has become one of the fastest growing companies in the United States. As such, we've witnessed a sales increase of 46,000% within the last three years and have assumed the position as the top retailer of weight management products in the United States."
"In the summer of 2000, Metabolife International announced expansion into the retail market nationwide. Metabolife 356® began quickly appearing on many drug store and supermarket shelves, in addition to being available through independent distributors."
"In the fall of 2000, David Brown assumed the role of President. As former general counsel and then president of Natural Balance, Inc., David has long been at the forefront of the dietary supplement industry. His experience positions him well to lead Metabolife in our historic transition from a company whose products were sold almost exclusively through multilevel distribution, to one which now enjoys a retail presence in over 60,000 stores nationwide."
"Also providing valuable leadership is Metabolife's Board of Directors which includes David Brown, founders Mike Ellis, Bob Bradley, Michael Blevins, as well as former president Larry Miller and Brian Huster."
"Metabolife International is also a company dedicated to its local community. Established in 1999, the Metabolife Foundation was designed to give back some of Metabolife's good fortune through community service projects. An active non-profit organization, the Foundation develops and supports programs that insure a positive future for our at-risk youth. Many schools in the San Diego area have been adopted and the Foundation continues to support numerous charities, particularly those that benefit women and children."
"The future of Metabolife International is tremendously exciting. We are securing the highest quality raw materials and aggressively planning for future products. We will continue to be innovative and fast moving in our approach to every aspect of our business. At the present time, Metabolife sells products exclusively in the United States. However, we're developing strategic distribution channels in select international locations and anticipate international sales."
"Metabolife International is dedicated to improving the quality of life by continuing to provide new, effective and safe products, which help consumers maintain their health and well-being. Our mission is to "be the best, make a difference, and set the standard." We take pride in knowing that we live by the highest standards in company behavior, employee relations and product manufacturing and testing. Metabolife's commitment to our consumers is to offer solutions to their health needs by becoming the leading authority on health products as well as the premier weight loss company."
Matabolife's main product was developed in 1989 by Michael J. Ellis as an herbal blend to enhance his father's energy while combating terminal bone cancer. Orginally the company sold the products through a multi-level distribution sales force, however in 2000 Metabolife International announced expansion into the retail market nationwide and now sells Herbalife 356 and the rest of the product line almost exclusively on drug store and supermarket shelves. (60,000+ retail locations) They no longer sign up new "distributors" and any remaining members are now "consultants" for the company. Basically the multi-level sales force they originally signed up now has their products available everywhere. At the time of this writing, the company and management are under tax investigation according to PRNewswire and Metabolife source Jan Strode.
Multi-level marketing was the biggest growth industry in the 1980's. It is the industry that has made corporate giants of Amway, Shaklee, Mary Kay and Herbalife. It has been termed as the last true rags-to-riches opportunity left in North America, and its ability to bring enormous incomes to almost anyone is legend. But there are problems.
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