Bill Ackman's Herbalife Website Live!

Hedge Fund Manager Bill Ackman has launched his Herbalife website & it's filled with tons of great information & research!

Check out the webcast of Mr. Ackman's presentation at the Sohn Conference, download the slide show & get tons of great in-depth research about Herbalife & how their pyramid scheme works. Go to: http://factsaboutherbalife.com and check out the whole site!

I will be updating this post with links to news coverage and a more detailed review of the site later today. So check back soon for more info!

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Blog Updates

  • Something Completely Different [But Great]: Stephanie Trick Playing Death Ray Boogie
  • PaidAtHome.com: Do The Radio Hosts Even Know Who They Are Endorsing?
  • Does KPMG Blow Up Give Carl Icahn & His Bloated Ego A Legal Avenue Out?

Sometimes you're ready for something competely different. So, check out Stephanie Trick rocking Death Ray Boogie.

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PaidAtHome.com, or is it IncomeAtHome.com? Same Site, Same Radio Hosts, Same Radio Ad

Is incomeathome.com on it's way to retirement? First they dump Herbalife & re-brand under Veema, and now .... Based on the new radio ads that have started to hit the airwaves, it would appear that PaidAtHome.com is the new version of the same old IncomeAtHome scam, and that Income At Home is on it's way out. ... The PaidAtHome radio ads are virtually identical to the basic [non-radio host endorsed] IncomeAtHome.com ads that ran for years. The same talk radio hosts featured on the home page [Screw you Dr. Laura, Sean Hannity & Sybil Wilkes] Seriously, I think that the only thing they actually changed was the word 'Income' for the word 'Paid'. And, they changed the website colors from blue to orange.

"While most participants do not generate a profit, of those active leaders that do, 75% averaged earnings between $667 and $1326 for 2012"

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While working on a little invention out in my lab the other day, I had a thought roll through my head ... Does the KPMG blow up give 'ol Carl Icahn & his bloated ego an out from his new position with Herbalife? Not that I want to help either Carl, or his bloated ego ... but here's the reality:

  • Icahn bought into Herbalife prior to the revelation that the KPMG auditor in charge of the Herbalife account was outed for providing insider information about Herbalife.
  • Due to the KPMG debacle, Herbalife's 'independently audited' books going back to 2010 aren't worth the paper they are printed on.
  • Icahn and his investment team undoubtedly made their final decisions to go after Bill Ackman & Pershing Square Capital Management in a short-squeeze based [at least in large part] on these financial reports.

[Side Note: I have a sneaky suspicion that whoever the new independent auditor is who has to go back and reconcile everything screwed up by KPMG, that we will find out that the KPMG auditor had more than one hand out, and very well may have 'overlooked' a few significant financial details ... but time will have to prove that theory out]

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In Development

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