XELR8 Holdings Fires (Sandy) Sanford Greenberg As Chairman
LAST WEEK
XELR8
19 MAY 2010 - Last week the board of Xelr8 holdings canned Sandy Greenberg. Greenberg master minded the killing off of MLM Distributors.... His Plan B must not have made the Board of Directors Happy. Here is the kill off letter he signed.
After careful consideration, the Board of Directors of XLR8 has determined to pursue an alternative business model resulting in the discontinuation of our XLR8 Multilevel Marketing Program in its current form, and has asked me to inform all XELR8 Independent Distributors of this decision. As a result, the current XELR8 Compensation Plan will be terminated effective February 28, 2010,COMPLETE DISTRIBUTOR ASSASINATION DETAILS BELOW
Stock Market Xelr8 Holdings
Click Link What Is Holding This Silly Stock Price Up?
Do we hate these folks - hey it started when Greenberg said he would give the Distributor Rights Association a grant of $5k never did and then torturted and hurt Distributors. We all should known
when he welched on the $5k grant he had a dark plan.
iLearning Global TERMINATES DISTRIBUTORS
WatchDog Editors Note: When The People’s Network (TPN) started years ago selling MLM – Network Marketing by TV satellite I upset some of my friends when I said it wouldn’t survive over the years! The reasons I gave that still hold true today are: (1) Distributors pay for their company training first (2) They pay to go to company conventions using up more disposable income (3) To many they just want to learn to make a few dollars – no rise to motivation and leadership – Sadly! Since then there have been several good attempts to do online training but none have exploded. All I can say is shucks and @##$%%! Rod
Dear Mastermind Marketers,
Over the past two years iLearningGlobal has passionately pursued our vision of taking transformational training and development to the world. With integrity as our core value we have worked around the clock to ensure we deliver maximum value and the ultimate experience for our customers and marketers. We have delivered significant changes to increase marketer rewards from the compensation plan and improved the quality of the product and overall user experience.
In doing so we recognize the effort you have put into building your business and wish to show our gratitude for your efforts by providing the following:
1.You will have been paid your regular commission for the February earning period on March 15th.
You will have been paid your regular commission for the February earning period on March 15th.2.You will also be paid for the March commission period. (If you remain an active marketer through March) The commissions for March, which would normally be paid on April 15th, will actually be paid 15 days early on a special commission run March 31st. This is simply a courtesy to you and reflects our desire to assist you as you begin to move forward.
You will also be paid for the March commission period. (If you remain an active marketer through March) The commissions for March, which would normally be paid on April 15th, will actually be paid 15 days early on a special commission run March 31st. This is simply a courtesy to you and reflects our desire to assist you as you begin to move forward.3.You will also be grandfathered into the company’s new offering (which brings together DailySuccessStream, EDGE and Premium – currently $180 per month) The new retail price will be $59.95, but you will receive all of this for $39.95 for as long as you remain an active member of iLearningGlobal. Your new price structure of $39.95 per month will be charged on your regular anniversary/billing date during the month of April.
You will also be grandfathered into the company’s new offering (which brings together DailySuccessStream, EDGE and Premium – currently $180 per month) The new retail price will be $59.95, but you will receive all of this for $39.95 for as long as you remain an active member of iLearningGlobal. Your new price structure of $39.95 per month will be charged on your regular anniversary/billing date during the month of April.TWO MORE TOP GUNS TERMINATED
This year started out as a bad year for Top Distributor friends of mine with Bazi holdings dumping Top Distributors in the cold Hard streets. Now another friend of mine just got dumped by his company and his partner bit the dust. Since the Watchdog is a learning lesson I want you to read carefully!
THE NEW TOP GUN TERMINATIONS
The one that is the friend was a member of a fast growing company as ½ of Master Distributor. He is a member of the Distributor Rights Association. But like many Members he did not study the DRA Guidelines book. He put something in an email that should not have been put in an email. Our DRA book says that EMAILS ARE LIKE DIAMONDS THEY NEVER GO AWAY!
NOT THE FRIEND ABOVE BUT A SIMILAR CASE
IN THE DISTRIBUTOR RIGHTS BOOK PAGE 37
His Company allowed him to contact his own personally sponsored people about another opportunity and that was good. He emailed the 30 people he sponsored. What happened then? The Company got 600 copies of his email and some had complaints about him. So the company terminated him. Fortunately negotiations got him reinstated.
THE OTHER LEADER? KILLED BY SOCIAL MEDIA MARKETING!
At the Distributor Rights Convention a standing ovation was given during the training session to BEING THE INVISIBLE MAN given by the highly respected MILLION DOLLAR leader XXXXXX XXXXXX who belongs to several companies. He stressed DON’T get on stage and get awards, don’t do speeches at rallies and no public training on the company’s behalf. Why? You become an embarrassment and concern to the company if you do something else!
HOW IT WENT DOWN
What happened is #2 ½ master Distributor (Company X) went to a special meeting of a floppy company to work on a new complan and marketing strategy. He stood in front of the room close to the owner of the floppy company… The ORGANIZER of this strategy meeting took his picture… several times! The ORGANIZER being a social media NUT posted the pictures on Facebook. Within 24 hours an office person in Company X the had the picture and was printing off glossy 8x10's. The rest is history.
THE FUTURE
THE DRA – (Soon to be the Association of Professional Network Marketers) is going to sell blue ski masks so you can attend re-organization meetings of floppy company’s incognito!
SUMMARY
Both the gentlemen above must have gotten a fair seperation settlement from the Company! How do I know that? They haven't called me for information to start a lawsuit!!!!!!
Stock Market Bazi Holdings
Lets See if the rest of the MLM Public Stocks are DOWN... Who would be buying Bazi Stock?
EVER HAD YOUR MLM KIDS MURDERED!
Editor's Opinion Note: Extremely painful time for top leaders like Tom Chenault and Garret McGrath who bear the emotionally painful brunt of cruel acts like this to their downline. It's not the money to them, that they can do anywhere. Let's put it this way - it is like having your children murdered while you watch. I have been there........ Rod
[XELR8 LETTERHEAD]
January 19, 2010To: XELR8 Independent Distributors
Re: XELR8 Multilevel Marketing Program
After careful consideration, the Board of Directors of XELR8 has determined to pursue an alternative business model resulting in the discontinuation of our XELR8 Multilevel Marketing Program in its current form, and has asked me to inform all XELR8 Independent Distributors of this decision. As a result, the current XELR8 Compensation Plan will be terminated effective February 28, 2010, and you will be offered the ability to participate in an XELR8 program to be announced on a national call on February 3, 2010. At that time you will be offered an attractive XELR8 incentive for you to continue to enjoy XELR8 products as well as compensation for existing and new customers that you introduce to Bazi for XELR8. Although the current XELR8 Compensation Plan remains in effect until February 28, 2010, please be advised that no new Distributors may be enrolled for XELR8 as of the date of this letter. While you will no longer be able to enroll new XELR8 Distributors, you, and your customers (both existing and new customers) may continue to order XELR8 products. Commission and bonus payments earned prior to the date of this letter will be paid according to the current XELR8 Compensation Plan. Commission and bonus payments earned after the date of this letter through February 28, 2010 will be paid on or about March 15, 2010. Following the payment of these commissions and bonuses, no further bonuses or commissions will be paid to any XELR8 Independent Distributor under the current XELR8 Compensation Plan. Although XELR8 has elected to terminate the current multilevel marketing program, XELR8 products will continue to be available through Independent Distributors through February 28, 2010, and other direct marketing channels to be announced on our national call on February 3, 2010. If you are enrolled in our AutoShip program, you will continue receiving your monthly AutoShip order until such time as you elect to cancel your participation in the AutoShip program. XELR8 Preferred Customers will also continue to receive their automatic monthly orders until such time as they choose to cancel their Preferred Customer Agreements. If you wish to cancel your XELR8 monthly AutoShip order, please send your notice of cancellation to us at 480 South Holly Street, Denver, Colorado 80246. Alternatively, you may fax or email your notice of cancellation to us at (303) 316-8078 or support@xelr8.com. Please include your XELR8 Distributor ID Number in your notice of cancellation.As mentioned above, XELR8 intends to continue distribution of our products through Internet sales and other direct marketing channels. As our thanks to you for your support over the past several years, you will be offered the ability to enroll new XELR8 customers after February 28, 2010 and receive compensation under a new compensation plan at a preferential compensation payout to be announced on February 3, 2010. If you are not on our XELR8 AutoShip program, you may still enroll as a customer under our AutoShip program by contacting our Customer Service Department at 888-935-7808 or email support@xelr8.com. In closing, I want to thank ALL of our Independent XELR8 Distributors for their support of XELR8. While the decision to terminate our multilevel marketing program was not a decision that any of us at the Company wanted to make, ultimately XELR8 deemed necessary to insure that our products remain available to support the health and vitality of our customers. We are extremely grateful for your efforts to spread the word about XELR8 products and wish you success in your future endeavors.Best regards,XELR8 HOLDINGS, INC.By /s/ Sanford D. Greenberg Sandford D. Greenberg Chairman and FounderTAG: XELR8, xlr8, XELR8, bad XELR8, kill distributors XELR8
