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December 28, 2007

The Numbers Are In...

The below post was authored by Barrister at Legal Perspective Quixtar Lawsuit. It looks as though things in Ada are not looking up as the company numbers are sliding fast on a steep slope according to Forbes magazine. Could these be a result of the current Executive Management Staff's leadership at Quixtar/Amway/Alticor? Looks like current IBOs need to ask some serious questions for the future of thier business depends on it. Check out the article for more details:

ALTICOR DROPS IN THE FORBES TOP 100 - by Legal Perspective Quixtar Lawsuit Blog

As I was recently reading Forbes Magazine, I was attracted to a section that ranked the top privately held companies in America. I quickly noticed that Aticor was ranked 43rd. In 2006, Alticore was ranked 27th. Out of all the companies in the top 50, Alticor experienced the largest drop. Since litigation ensued in August, this drop can't be related to the melee of lawsuits. I would assume the 2008 results will be substantially worse than the 2007 results. I'm not sure why the company dropped so far during 2006. I cut and pasted a copy of the web page below.                                                   

#43 Alticor
11.08.07, 6:00 PM ET

Alticor ranked #27 in 2006.
Industry: Personal Products (Amway personal, household products)
7575 Fulton Street East
Ada MI 49355
Phone:
Fax:

http://www.alticor.com
CEO: Doug DeVos Steve Van Andel is Chairman and co-CEO,
BA Purdue University
CFO: Lynn

--What does this mean for IBOs trying to build a business?

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