After months of not paying associates and retaining them in the dead of night, WorldVentures has lastly confirmed it’s merging with Seacret Direct.
WorldVentures held a company webinar on November twelfth. On the decision was Director of Coaching, Marc Accetta, who for some cause was in his automotive sporting a golf cap.
Accetta painted a fairly bleak image of WorldVentures, relationship again lengthy earlier than COVID-19 ramped up earlier this yr.
[25:40] Over the past three years we had some rising challenges … and whereas it was actually not horrible, it simply wasn’t the identical superb progress we’d had for some time.
[27:14] Wayne and Eddie and the chief workforce began in search of different after different.
What might we do? What might we do to make this higher? What might we do to get out of it? What might we do?
There have been simply so many various choices that they seemed by way of and when all was stated and accomplished, about possibly two months in the past, everybody checked out one another and stated, “man there’s simply actually nothing”.
WorldVentures’ President Eddie Head was up subsequent, revealing that Seacret Direct first approached WorldVentures 4 years in the past.
In accordance with Head WorldVentures turned down Seacret Direct on the time, though it’s unclear how far negotiations between the 2 firms went.
Given WorldVentures present predicament, they reengaged Seacret Direct and that led to the acquisition.
WorldVentures co-founder and CEO Wayne Nugent was additionally on the decision, as was Seacret Direct proprietor and CEO Izhak Ben Shabat.
Fortunately many of the new info was introduced early on within the webinar. Nugent and Shabat appeared as ancillary cheerleaders.
What we all know of WorldVentures’ acquisition to this point is that WorldVentures shall be absorbed into Seacret Direct. WorldVentures will stop to exist, nevertheless DreamTrips and journey reserving engine shall be supplied by way of Seacret Direct.
WorldVentures associates who keep on will successfully change into Seacret Direct associates, working below Seacret Direct’s compensation plan.
Eddie Head said that extra particulars shall be launched over the approaching weeks.
BehindMLM has revealed three Seacret Direct critiques over time. In our newest evaluation in August, we welcomed an obvious focus shift in direction of retail gross sales.
Whether or not that’s translated into a rise in retail gross sales quantity for Seacret Direct nevertheless is unclear.
Actually what with WorldVentures working as a pyramid scheme, some associates will discover it laborious to transition.
Pending particulars on how WorldVentures is built-in into Seacret Direct from a compensation perspective, I’m unsure if we’ll be publishing a fourth Seacret Direct evaluation simply but.