Woes At MLM Pre-Paid Legal

Pre-Paid Toll Mounts:

"Pre-Paid Legal Services (PPD:NYSE - commentary - research - Cramer's Take) is learning just how costly a courtroom defeat can be.

The legal-insurance provider has seen a recent punitive award against the company derail its plans to borrow $160 million, intended primarily for stock repurchases. Buying back stock has helped the company fend off the advances of short-sellers, who bet a stock will decline by borrowing the stock, selling it and then seeking to buy it back later at a lower price."

New Lotto MLM

On December 09, 2005 Globalwon introduced the world to the first ever Networking/LOTTO opportunity.

What GlobalWon has done is create a powerful new concept that allows players to satisfy two ambitions at once - GlobalWon allows you to earn a lot of money , for referring other players, while you win money by playing the GlobalWon game.

The uniqueness of this idea is based on two critical factors:

The product is a European Union licensed lotto-style numbers game based on the closing figures of 6 major European stock exchanges. All tickets are purchased on-line directly from GlobalWon's website. Because the game is licensed in Malta, a sovereign state of the EU, it is legal to play and promote in any country of the world where it is legal to take part in a lotto style numbers game.

Controversy Over New MLM Company In The Philippines

ENVIRONMENT Secretary Michael Defensor has taken to heart President Gloria Macapagal-Arroyo?s standing order to create business opportunities for the Filipino.

But his being a Cabinet secretary has raised questions of propriety.

To friends and colleagues in and out of Malaca?ang and Congress, Defensor is aggressively pitching his family?s new multilevel marketing (MLM) company, JC Spicecorp Inc., which sells through its members a variety of goods -- from shoes to watches, hotdogs to tocino (sweet meats), and even cars to real estate.

A lawyer in the Ombudsman?s office, who requested anonymity, said government officials, especially ranking ones, were discouraged from promoting their commercial interests while in office because it was improper and left a bad taste in the mouth.

MLM Herbalife says secondary offer priced

Herbalife Ltd., which sells diet aids and nutritional supplements, said Tuesday that some of its shareholders will sell 11.5 million common shares at $30.50 apiece in a public offering.

The selling price is a slight discount to Herbalife's closing price of $30.59 on the New York Stock Exchange Tuesday.

Herbalife also said it has granted Merrill Lynch and Morgan Stanley an overallotment option to buy another 1.5 million shares.


Shares of Herbalife rose 46 cents to $31.05 in premarket trading.