NewAge has come out of chapter with new possession and a brand new firm title; PartnerCo.
PartnerCo’s new “identification” announcement was made on February thirteenth…
…though plans for the rebranding seem thus far again to January:
Over on FaceBook, we will see NewAge’s official web page was rebranded to PartnerCo on February twelfth:
John R. Wadsworth, who bought NewAge after it filed for Chapter 11 chapter final September, is a part of PartnerCo’s government staff.
As above, Wadsworth is PartnerCo’s Chief Model Accomplice officer. Darren Zobrist heads up PartnerCo as CEO.
I had bother placing collectively a historical past on Zobrist, which is a bit odd.
Final November Zobrist accompanied Morinda founder John Wadsworth (uncle of John R. Wadsworth), on a advertising journey to French Polynesia.
Zobrist is solely credited as a “new investor”.
From what I can inform, all of NewAge’s former branded corporations will stop to exist. The merchandise shall be offered underneath PartnerCo.
This can be a welcome change, because it vastly simplifies NewAge’s earlier MLM choices.
I haven’t seen a replica of PartnerCo’s compensation plan but. The “rewards” part of PartnerCo’s web site is a little bit of a multitude.
What with it being a brand new transition, honest sufficient. I’ve marked PartnerCo for a revisit on the finish of the month. Hopefully compensation particulars are publicly out there by then.
Pending publication of PartnerCo’s compensation plan, a BehindMLM evaluation stays pending.