MLM Company Herbalife Files Registration Statement with the SEC for Proposed Secondary Offering of Common Shares

Herbalife Files Registration Statement with the SEC for Proposed Secondary Offering of Common Shares:

"Herbalife Ltd. (NYSE:HLF) announced today it has filed a Registration Statement on Form S-3 with the U.S. Securities and Exchange Commission relating to a proposed secondary offering of 10,000,000 common shares of Herbalife. Of the shares expected to be offered, 6,152,858 shares will be offered by affiliates of Whitney & Co., LLC, 3,497,142 shares will be offered by affiliates of Golden Gate Private Equity, Inc. and 350,000 shares will be offered by Michael O. Johnson, Herbalife's Chief Executive Officer. The shares to be sold by affiliates of Whitney and Golden Gate represent approximately 23% of each of their current holdings and the shares to be sold by Mr. Johnson represent approximately 10% of his shares and stock options. The underwriters of the proposed offering will have an option to purchase up to an additional 1,500,000 shares from affiliates of Whitney and Golden Gate to cover over-allotments, if any. "

World's No. 1 Online Casino and Poker Room Launches New MLM Division

The World's largest online casino and third largest poker room has recently announced the opening of a new multi-level-marketing (mlm) division. The network marketing division aims to target customers through word of mouth advertising. Using an mlm business model distributors have the opportunity to share in the house profits as a reward for their loyalty.