Vemma Files Emergency Motion With Courts For Approval Of New Comp Plan

FTC now appears to be taking – that any marketing plan that is binary and multi-level in nature is objectionable

Friday, October 16th, 2015, the Vemma legal team filed an emergency motion in the UNITED STATES DISTRICT COURT FOR THE DISTRICT OF ARIZONA, to move the Court for an order approving the revised compensation plan attached hereto as Exhibit “1” (the “Revised Compensation Plan”).

VemmaFrom the supporting documentation filed the FTC may have decided to change their argument from “just” the way Vemma markets their income opportunity, and using standard benchmarks like the Koscot test and BurnLounge opinion, to deciding that the “binary” compensation structure in and of itself is the real issue behind their complaint.

If this is not a misunderstanding on the side of the Vemma legal team, then it will be the first time since the Binary was crafted in the mid-90s, that any regulator has called the structure in and of itself into question.