WorldVentures’ Chapter 11 chapter has seen two executives give up the corporate.
Final week WorldVentures COO Michael Poates introduced the departure of CSO Eddie Head, and SVP of World Gross sales Justin Name.
In keeping with Poates, Head and Name ‘made private selections to go away WorldVentures’.
Head had been with WorldVentures for fourteen years. Name for 4 years. The timing clearly suggests WorldVentures’ chapter was a contributing issue.
Justin Name I’m not conversant in however Eddie Head appeared optimistic about WorldVentures all through November and December.
Within the first video saying Seacret Direct’s acquisition of WorldVentures, made out there on November twelfth, Eddie Head acknowledged;
We noticed a chance for us to create a steady, resilient and dependable enterprise resolution for you.
We noticed a chance to protect who we had been and that we might do altogether.
With a totally open thoughts … we got here up with an answer that we consider goes to excite all of you guys.
Over the course of the following few weeks we’re gonna be sharing with you guys numerous the main points of how that is going to work.
I would like you to know a handful of issues … the manufacturers of our product are going to remain intact; DreamTrips.
Our occasions platform and Marc are going to be there to host us at each one among our main occasions identical to earlier than.
And your whole leaders out of your PAC staff, your IAC leaders, your IMDs, Wayne, Justin, myself, the staff that’s been supporting you. All in tow that can assist you discover your greatest profitable path.
Three days earlier than Christmas, on December twenty third, WorldVentures filed for chapter. Eddie Head would give up two weeks later.
On Fb Head nonetheless cites himself as President of WorldVentures. Six days in the past nevertheless, Head celebrated a Seacret Direct distributor rank qualifying:
If Head has taken on an government function inside Seacret Direct, neither himself or the corporate have as of but disclosed it.
With respect to the “are they or aren’t they” standing of the Seacret Direct acquisition, a paywalled December thirtieth article from the Wall Avenue Journal (paywalled) states;
Seacret Direct is contemplating making a bid for WorldVentures Advertising and marketing LLC, a journey enterprise that filed for chapter lately.
This was revealed in a court docket look on December twenty third, and is a far cry from sureties provided to WorldVentures associates all through November and December.
BehindMLM did cowl WorldVentures’ Chapter 11 chapter however didn’t see something about Seacret Direct within the filings.
Since late November neither WorldVentures or Seacret Direct have issued a public assertion concerning the standing of the acquisition.