XELR8 aka BAZI terminates ALL distributors and exits MLM Perpetually. This discover will hit all distributors this morning, and was made public by Morningstar January 19, 2010.


Here’s a hyperlink to Rod Cook dinner’s aka MLM Watchdog tackle all this. Read Here.
In accordance with Morningstar…
“On January 19, 2010, the Firm issued a letter to its impartial distributors advising of a change in its compensation plan, successfully terminating the present multilevel advertising program efficient February 28, 2010. A replica of the letter is connected to this Present Report on Kind 8-Okay as Exhibit 99.1. The Firm intends to pursue a direct-to-market gross sales technique whereby XELR8 merchandise can be bought direct to shoppers and thru an associates program whereby compensation can be paid to people that promote the merchandise on to shoppers.”
I’ve simply obtained a replica of the termination letter and there’s one good signal…
” Though the present XELR8 Compensation Plan stays in impact till February 28, 2010, please be suggested that no new Distributors could also be enrolled as of the date of this letter. Whereas you’ll not have the ability to enroll new Distributors, you, and your prospects (each present and new prospects) might proceed to order XELR8 merchandise. Fee and bonus funds earned previous to the date of this letter can be paid in response to the present XELR8 Compensation Plan. Fee and bonus funds earned after the date of this letter by way of February 28, 2010 can be paid on or about March 15, 2010. Following the cost of those commissions and bonuses, no additional bonuses or commissions can be paid to any XELR8 Unbiased Distributor beneath the present XELR8 Compensation Plan.
Though the Firm has elected to terminate the present multilevel advertising program, XELR8 merchandise will proceed to be obtainable by way of Unbiased Distributors by way of February 28, 2010, and different direct advertising channels to be introduced on our nationwide name on February 3, 2010. If you’re enrolled in our AutoShip program, you’ll proceed receiving your month-to-month AutoShip order till such time as you have chose to cancel your participation within the AutoShip program. Most popular Prospects may also proceed to obtain their computerized month-to-month orders till such time as they select to cancel their Most popular Buyer Agreements. In case you want to cancel your month-to-month AutoShip order, please ship your discover of cancellation to us at 480 South Holly Avenue, Denver, Colorado 80246. Alternatively, chances are you’ll fax or electronic mail your discover of cancellation to us at (303) 316-8078 or help@xelr8.com. Please embrace your Distributor ID Quantity in your discover of cancellation.”
Tom Chenault was the founding distributor at BAZI and a high chief. Garret McGrath was the #1 distributor in BAZI and during the last couple of years had set the corporate on hearth. These two males supplied a few of the finest subject management I’ve seen in a very long time.
However management begins within the nook workplace, the Founder and CEO of the corporate. On this case a publicly traded firm the place the Board of administrators didn’t have any MLM expertise and listened to little to late to their subject leaders.
Residing An Epic Journey,
Troy Dooly

1 COMMENT

  1. Be careful out there kids, and read your distributor agreement. Typically an MLM company can do anything they want and you have no recourse. It's usually ok when you're a little guy but when you put your heart and soul into a business and the company does this, it is absolutely devastating. Best to negotiate your own contract.

  2. I really feel bad for the reps at XELR8…both the little folks and the top leaders. Things like this give the network marketing industry a black eye. This business is like dating, there are nice men and women out there, but you might have to date a few losers to find a good one. Remember what Mel Gibson supposedly said, "I never lost money on an investment…I simply paid tuition." Learn long and prosper! 🙂

  3. HAte to say it, but predicted this a long time ago. Too many companies doing the same thing. Generating Sales through MLM and then taking a name that MLM's help build and cashing in for the Cosco or Walmart Orders so they can get rich and get out. How will the indipendents who were selling this program to others ever have any credibility again when the price of Bazi is less than half of what they were charging their clients and you can pick it up next to the rest of the soft drinks at your local dioscount store.

    • Scott,
      Thanks for coming by and commenting. However it seems you are a little premature in your conclusion. The company was very clear they are staying in the direct selling arena, not going retail. the new management of the company all have huge success in direct marketing.
      As a MLM advocate I hate to see this happen, but anyone who puts 100% of the blame on the company has not read the financial statements.
      I do agree 100% with you that the functional beverage niche is full and if a company doesn't have deep pockets it will be an uphill climb. But in the case of XLER8 read the financials everyone has to take responsibility, this is not just a company issue.

  4. It is sad that many folks will get hurt with this decision (I am NOT an xelr8 distributor)…the sad fact of the matter is that this happens every day in this industry–and I see so many folks who "tout" the best comp plan; best product, etc…
    Folks need to be taught that marketing the themselves is the way to go–not the product or company.

  5. Holly is correct – I applaud you – Market Yourself the product (every product is #1) The company (Every company is the best) The comp plan – (every plan the best in the business). Check the Rules real good. Be a leader of your team. Build a true business – you will be successful.