Salt Lake Tribune on the “Spectacular Rise and Fall” of MonaVie as it Faces Foreclosure
Remember at the beginning of the year, MonaVie CEO, Mauricio Bellora, talking about all of the great things planned for the acai juice company? Remember how they poo-pooed the talk of financial crisis that former distributor turned Master Distributor turned distributor, Randy Schroeder, was spreading? Recall the spin around the acquisition of MonaVie by Jeunesse Global just a little while back?
Well, the Salt Lake Tribune has new details on the real backstory behind the New Year’s video from MonaVie and the sale to Jeunese Global, detailing the spectacular rise and fall of MonaVie as it faces foreclosure and lawsuits.
BehindMLM has additional details on the downward spiral of MonaVie.
A reader writes that all “MonaVie distributors are being encouraged to start promoting Jeunesse skin care products and start de-emphasizing MonaVie’s line.” Is this the end of the line for the purple juice concentrate company?