Behind MLM Reports: TelexFree’s 2013 profit-loss doesn’t add up

A profit & loss statement recently filed in the US state of Alabama provides some insight into the financials of TelexFree. Marked as an exhibit of an “application for interexchange authority”, the statement reveals that for the year 2013, TelexFree took in $689 million USD from their affiliates. Affiliate commissions and other expenses ran up [Continue reading…]

Source: TelexFree’s 2013 profit-loss doesn’t add up

Read the full article and join in the discussion over at BehindMLM.

Troy Dooly is recognized internationally as an influencer in the areas of personal branding, leadership development, marketing campaigns, organizational expansion, and corporate launch strategies. Dooly is a speaker, results coach, and radio host. He is a founding member, show host (Beachside CEO) and News Director of the Home Business Radio Network. He is a founding member, and currently serves on the Board of the Association of Network Marketing Professionals