On September 24, 2009, MonaVie sent a communication to all MonaVie Ruby Executives and above reminding them of our policies regarding pre-market activity, with special emphasis given to several of our Asian markets.
As our business strategies develop, it has become much more evident to us how critical a role such compliance plays in protecting the enormous business opportunities in this region of the world. With that, MonaVie desires to restate its position to vigorously enforce its existing pre-market policies and procedures and eliminate any tolerance for unapproved pre-market activity that may put this opportunity for all at significant risk.
Therefore, as a follow up to previous communications regarding MonaVie's international expansion efforts and its policies governing distributor pre-market activities, we encourage all distributors to give careful attention to the following:
1. By contract, distributors of MonaVie are not allowed to conduct any pre-market activity in any market that does not appear in the list of authorized countries appearing in the MonaVie Virtual Office ("Enroll a Distributor" page). Such activities would include the importation and distribution of non-registered product, the false enrollment of distributors, meetings, opening of sales offices, etc.
2. While MonaVie has expressed an intent to open certain markets, under no circumstances are distributors to engage in the activities listed above in Hong Kong, Korea, Taiwan, The People's Republic of China (PRC), or in any other country which does not appear in the Virtual Office drop down window. The countries in the drop down menu represent the only authorized and acceptable markets for conducting business.
Protecting Distributors and Future Business Opportunities
From time to time, MonaVie becomes aware of distributors who, in an effort to get a head start, bypass the established policies and procedures and as a result put the company and our future growth opportunities at risk. Such is currently the case in several markets MonaVie intends to establish future business opportunities.
In order to protect our loyal distributors who adhere to the policies, MonaVie will have no choice but to severely discipline—up to and including termination—those found in violation of such policies.
Unauthorized Activity in Korea, Hong Kong, and Taiwan
Currently, non-authorized enrollments are occurring in Korea, Hong Kong, and Taiwan. Please note that MonaVie will not honor such distributorships when the company is officially introduced in these two markets. All such distributors will be required to start over, reenroll, or even be barred from enrollment in that country as a distributor of MonaVie. Thus, they will have no advantage over other distributors.
In addition, distributors who are found owning/sponsoring a MonaVie store or found importing non-registered product or found conducting unauthorized open/public meetings (more than 4-5 people) in these markets will be disciplined, up to and including termination of their distributorship. MonaVie will not tolerate such abuse of its policies to which each distributor has agreed to keep and follow.
Today, we are putting such distributorships on notice. We will not permit such distributorships to jeopardize the opportunity for the many who are operating with integrity, nor will we permit a few distributors to jeopardize the international opportunity that awaits those who are willing to keep our policies and procedures.
Stay Committed; New Opportunities Await
Truly, the MonaVie opportunity could not be brighter or more exciting! The opportunities ahead of us are enormous. Nonetheless, each distributorship must operate with appropriate constraint and patience, and trust that MonaVie is applying every resource to ensure a successful and timely opening of each new market.
Once again, we thank each of you in advance for all you do, for all you will do, and what you will encourage others to do to ensure the long-term success of these future business opportunities for all distributors. As always, we honor your leadership and celebrate the tremendous influence for good you are to the many you come in contact with each day.
We wish you all the very best!