The Arbonne Company Spin “Restructuring Debt”
Posted on 30. Oct, 2009 by Ty Tribble in Arbonne, Network Marketing News
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Yesterday, I made a post about rumors related to Arbonne's financial situation. I confirmed those rumors from a number of people who participated in a nation wide conference call with Rita Davenport. Allegedly what was said on the call was something along the lines of if we don't get additional funding of $400 million dollars, we may file bankruptcy.
Then today, I woke up and found the following anonymously letter sent to me:
http://mlmblog.net/site/wp-content/uploads/2009/10/Arbonne_Announcement_2009.pdf
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6 Responses to “The Arbonne Company Spin “Restructuring Debt””
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Dave F.
31. Oct, 2009
That’s too bad. It’s sad to see such a well respected company make bad financial decisions that end up hurting the field.
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14. Nov, 2009
The troublesome part is they are not being straight with us and making it difficult to conitnue to turst they have our best interests at heart.
DisappointedGreatly
24. Jan, 2010
This is the NEW Arbonne. Corporate and not caring about the people anymore. They don’t care who they hurt to get what they want and that is to cover themselves in this economy.
With all of the people they are letting go and all of the changes, wow…I wonder who will stay around to help them.
My Opinion
28. Jan, 2010
I am not sure what you people know or don’t know but Arbonne is still and awesome company with quality products. I will continue to support the business and use their products. If you want to talk about the real liars lets talk about Corporate America, the big bank and financial institutes that use people everyday.
beth
28. Jan, 2010
Hey MO.
Perhaps you should keep quiet about banks since they just saved your ARbonne behind. Remember it is corporate ARB that you work for
Bright Future
31. Jan, 2010
Arbonne has made a great move by doing a prepackaged Chapter 11. This is what the auto companies should have done, rather than had the government bail them out!
It is business as usual for Arbonne! Our lenders have turned their debt into equity! They would not have done that if they didn’t see the bright future of Arbonne!
We aren’t going any where but up, up, up!!!! Here’s to our biggest year ever, with more new products as we celebrate 30 years in business! Be blessed!