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  • Is USANA Health Sciences a Fraud? [View article]
    Yes it is an MLM. Just talked to USANA agents a couple of days ago. I'm still in the point of deciding whether to join the group or not. I'm highly skeptical with the cash flow structure of the company in terms of long-term sustainabilty albeit the firm has existed since 1992 [more than the efficacy of the products]. For instance I could not find a good read on what happened to its stock prices in 2002 and its connection to the company's decision to expand in Asia. I can't also seem to swallow the idea of making money out of the efforts of my recruits or otherwise without contributing anything apart from taking them in. Indeed, the big guys appear to have set up a mechanism wherein they would digest a significant portion of the pie at the lowest possible cost.


    On Mar 29 12:46 PM User 169945 wrote:

    > To Alex: You really ought to do your homework before you write articles
    > such as these. First of all, Usana is a network marketing company,
    > not MLM. (Yes, there is a difference.) But in any case, NM and MLM
    > are legitimate business models, not "schemes". It's true that there
    > are some MLM/NM companies that are run illegally and unethically
    > -- but then, that is true of all types of businesses.
    >
    > What I have the most problem with is that the bulk of your analysis
    > of Usana relies on the say-so of Barry "The Rat" Minkow, a known
    > felon and scam artist who was hoping to make a killing by discrediting
    > MLM/NM companies and then sell those stocks short.
    >
    > To 3rdstreethouse: I have been in Amway, and I am currently in Usana.
    > There is NO comparison as far as I am concerned! In Amway, I found
    > non-disclosure and deception to be the norm, probably due to the
    > fact that it was nearly impossible for the average person to make
    > any money under their compansation plan. Usana, on the other hand,
    > has a top-notch compensation plan, and I've never been given false
    > claims or gross exaggerations by the management or any other distributors.
    Feb 10 10:22 am |Rating: 0 0 |Link to Comment
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