One thing unusual is occurring between WorldVentures and Seacret Direct.
Since submitting for Chapter 11 chapter, Seacret Direct has poached three high-level executives from WorldVentures.
Now, in a communication despatched out to distributors, WorldVentures has confirmed ” there isn’t any plan for a merger with Seacret”.
What’s going on?
The unique announcement regulation November noticed WorldVentures verify full integration into Seacret Direct by means of a merger.
Up till right now, the standing of the merger had been up within the air.
After promising distributors he’d discovered a “secure resilient and dependable enterprise answer” for them, WorldVentures’ President Eddie Head jumped ship for Seacret Direct.
On the similar time Senior Vice President of World Gross sales, Justin Name, additionally resigned. He’s now turned up as Seacret Direct’s new Senior Vice President of World Gross sales & Area Growth.
Though information of his departure was solely current, seems Marc Accetta, WorldVentures’ former Director of Coaching, has been poached too.
Accetta, one other distinguished government who reassured WorldVentures distributors all through November and December, holds the identical Director of Coaching place at Seacret. Accetta had been with WorldVentures since 2006.
On high of this we already know Seacret Direct is brazenly recruiting WorldVentures distributors.
I discover it onerous to imagine there have been no non-compete clauses in both Eddie Heads’, Justin Name or Marc Accetta’s WorldVentures contracts.
And if there’s no merger, why are WorldVentures executives all turning up at Seacret Direct?
Smells like shenanigans to me.
Courtesy of a BehindMLM reader, right here’s the total “no merger” assertion from WorldVentures;
Thanks for being a part of the WorldVentures household. There have been constructive developments for our firm which will permit us to restructure and rebuild the model.
As of January 21, we have now recognized a bidder/investor for the WorldVentures and Rovia property and filed a movement with the Court docket for approval.
As of right now, there isn’t any plan for a merger with Seacret and WorldVentures, your again workplace stays the identical and all future gross sales commissions might be paid in full on regular fee cycles.
Efforts are already underway to determine and rent two nice gross sales leaders, one for our Worldwide enterprise and one for North America.
We encourage you to remain the course and do what you do greatest – present distinctive and memorable journey experiences.
As we transfer by means of this course of collectively, we look ahead to resuming our coaching occasions and rebuilding an ideal firm with you. Extra particulars to return.
If that’s to be believed, WorldVentures goes to interchange its misplaced executives and keep on like nothing’s occurred.
What?
I’d be tempted to the merger breakdown was the results of co-owners Dan Stammen and Wayne Nugent not getting their approach.
However then each appear awfully complacent whereas Seacret Direct guts their enterprise. And so they’re not even being secretive about it.
Seacret’s new appointments are being brazenly celebrated.
Can’t assist however marvel what WorldVentures’ non government collectors consider all this? I do know if I used to be in that authorized place I’d actually need solutions.
Pending any more strange “WorldVentures government poaching however we’re completely not merging” updates, keep tuned…