HealX Vitamin’s web site offers no details about who owns or runs the corporate.
Additional analysis reveals a December 2018 press-release figuring out HealX Vitamin as a partnership between Panacea Life Sciences and KulaBrands.
As I perceive it, Panacea Life Sciences are manufacturing HealX Vitamin’s merchandise. KulaBrands founder and CEO Peter Gantner (under proper) is operating the corporate.
Panacea Life Sciences is an impartial non-MLM firm run by President James Baumgartner.
Panacea was created with sufferers’ well being and properly being as our precedence.
Our mission is to carry collectively the very best minds in enterprise, science, medication, analysis, finance, and agriculture to create a worldwide platform for the reintroduction of Hemp-based therapeutics into the mainstream of healthcare.
In our 2016 KulaBrand assessment we KulaBrands first appeared on BehindMLM’s radar in 2016.
Our preliminary KulaBrands assessment raised issues over a scarcity of retail merchandise and manipulated crowdfunding based mostly enterprise mannequin.
After two years, merchandise supposedly dropped at market through KulaBrands’ crowdfunding embody a toy figurine, a espresso mug, children puzzle and video games pack, usb cords, a laptop computer sleeve, an illustrated children e book, a waterless automotive wash and wax product and an toddler pacifier “drop stopper”.
In mid 2017 KulaBrands registered itself with the SEC. Final we heard the corporate was hoping to lift $40,000 via an IPO.
The final SEC submitting KulaBrands made was a Kind C annual report filed in April 2018.
As per the report, KulaBrands recorded an annual web lack of $331.56, down from $33,981 the earlier yr.
The $40,000 IPO doesn’t seem to have taken place.
As per the supplied company deal with, HealX Vitamin operates out of Colorado within the US.
Learn on for a full assessment of the HealX Vitamin MLM alternative.
HealX Vitamin Merchandise
HealX Nutriton markets a spread of “therapeutic merchandise”.
- Xpress – “Fast onset THC-Free formulation with speedy onset to deal with acute and continual ache, anxiousness, sleep problems, discount of seizures, discount of nausea, alleviates PTSD situations, and probably alleviate drug withdrawal signs”, retails at $97.50 for a bottle of 30 tablets
- Heighten – sustained launch full spectrum oil used to deal with acute and continual ache, could also be higher than Xpress to deal with sleep problems and anxiousness, discount of seizures, discount of nausea, inflammatory bowel illness, discount of seizures, discount of nausea, assuaging PTSD situations and probably alleviate drug withdrawal signs”, retails at $93 for a bottle of 30 smooth gel capsules
- Tru-Reduction – “topical ache aid balm that’s utilized to the pores and skin to go on to the supply of ache”, retails at $70 for a 1 oz. tub (28.35 g)
- Yummies – “like taking a every day vitamin that can decrease total aches and pains, improve focus, promote a way of calm”, retails at $49.95 for a bottle of 30 CBD gummies
- Golden – “full Spectrum Hemp Oil that does include THC”, retails at $59.95 for 500 mg or $159.95 for 1500 mg
- Canine – “designed to assist your pet affected by ache, most cancers, joint points, post-surgery issues and extra”, retails at $45 for a bottle of 30 capsules
- Borbon – “the world’s first & solely full-spectrum premium handcrafted soothing natural therapeutic massage serum”, retails at $78 for a 30 ml bottle
HealX Vitamin states its CBD merchandise are ‘comprised of natural industrial hemp‘.
The HealX Vitamin Compensation Plan
HealX Vitamin pays residual commissions and a share-based bonus, each via a unilevel compensation construction.
Residual Commissions
HealX Vitamin pays residual commissions down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 18%
- degree 2 – 4%
- degree 3 – 6%
Affiliate Generational Pool
HealX Vitamin takes 5% of company-wide month-to-month gross sales quantity and locations it into the Affiliate Generational Pool.
Associates earn one share within the pool for each $200 in gross sales quantity generated on the third and deeper ranges of their unilevel group.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned instantly beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
On prime of the essential $200 in quantity equaling one share equation, the next Affiliate Generational Pool caveats additionally apply;
- as much as 50% of counted quantity can come from anyone unilevel leg
- if this most is reached (50% of quantity exterior one stronger leg), the surface 50% counts as double quantity in direction of every $200 awarded share
- if no unilevel group leg contributes greater than 30% towards Affiliate Generational Pool share qualification, gross sales quantity counts as triple from the fourth unilevel group degree for that month
Lastly, do not forget that Affiliate Generational Pool shares are reset month-to-month and should be re-qualified for.
Becoming a member of HealX Vitamin
HealX Vitamin affiliate membership is $20 yearly.
After the primary yr, the $20 annual price is waived if an affiliate generates $200 in retail gross sales of private purchases.
HealX Vitamin Conclusion
The unavoidable compliance difficulty with HealX Vitamin is its firm product descriptions.
On the “about us” part of the HealX Vitamin web site, the corporate shows the standard FDA complement disclaimer:
The Meals and Drug Administration has not evaluated these statements.
These merchandise should not supposed to diagnose, deal with, remedy or stop any illness.
Click on again to return to the HealX Vitamin homepage, and it’s laborious to overlook this large product banner:
Xpress has the identical non-compliant description as Heighten. The pet complement Canine additionally states it will probably assist canine with most cancers.
Intentional or not, it’s additionally proper there within the firm’s identify: HealX Vitamin.
HealX Vitamin’s product producer, Panacea Life Sciences, buries an FDA disclaimer of their “refund and return coverage”.
Panacea Life Sciences’ merchandise haven’t been evaluated by the FDA, we make no claims as to any advantages from our merchandise.
To their credit score, Panacea Life Sciences don’t make remedy claims of their product descriptions.
They nevertheless don’t appear to have an issue with HealX Vitamin doing so. As per the examples above, it’s not precisely overt.
Panacea Life Sciences additionally instantly competes towards HealX Vitamin and their associates.
Panacea Life Sciences’ THC free capsule product known as “Every day Free”.
Every day Free retails at $52 for 15 mg focus and $110 for 40mg focus. There are additionally barely cheaper month-to-month autoship choices accessible (only some {dollars}, nothing important).
HealX Vitamin’s Highten is 25mg and retails at $93. I’m assuming they went with 25mg in order to circuitously compete on focus with Panacea Life Sciences’ personal choices.
When you particularly want 25mg, then HealX Vitamin is cost-effective. In any other case Panacea Life Sciences’ 15mg providing is less expensive.
For the fast-acting varieties, Panacea Well being Sciences providing wins arms down.
Panacea’s F.A.S.T. complement is 35mg focus and retails at $98. HealX Vitamin’s Xpress is 25mg focus for $97.50.
Panacea’s Canine is 7.5mg focus for $45 a bottle. HealX Vitamin’s Canine is 5mg focus for a similar $45 value.
The therapeutic massage oil and gummies look like distinctive so there’s that.
Though not explicitly talked about in HealX Vitamin’s compensation plan materials, I’m assuming retail is paid out on the similar 18% as degree 1 residual commissions.
That oversight apart, HealX Vitamin’s compensation plan is refreshing easy. You’ve three ranges of residual commissions expanded by a volume-based share pool.
The 2x and 3x quantity bonuses for the share pool have been a pleasant contact.
Whereas the pricing will be adjusted and even neglected (concentrations are completely different), HealX Vitamin’s medical claims about their merchandise can not.
Ought to the FDA examine, I’ve little doubt HealX Vitamin can be receiving a warning letter. I’m undecided whether or not Panacea Well being Sciences can have any legal responsibility because the producer.
In any occasion, if Panacea Life Sciences can correctly market their dietary supplements then there’s no excuse for HealX Vitamin.
Hold that in thoughts when you’re approached about HealX Vitamin with bombastic product well being claims.
Alternatively when you’re seeking to be a part of HealX Vitamin, the compensation plan is easy however efficient.
With the corporate out of FDA compliance although, remember it might be shut down at any time – relying on whether or not the FDA examine and to what extent they pursue the matter.
If HealX Vitamin themselves don’t proactively deal with FDA compliance, normal process is a warning letter first.
Both method it’s not a great look for an organization or associates working the corporate, particularly over one thing so readily avoidable.
Replace fifth January 2022 – HealX Vitamin seems to have collapsed.
As on the time of this replace, HealX Vitamin is “not processing orders” and thecompany’s web site has been disabled.
BehindMLM coated HealX Vitamin’s collapse as a part of a 2022 replace on dad or mum firm KulaBrands.