What is WorldVentures Holdings LLC?
WorldVentures Holdings LLC is a privately held company based in Plano, Texas that sells travel and lifestyle community memberships through its wholly owned subsidiary WorldVentures Marketing, LLC. The company's goal is to help Independent Representatives, DreamTrips Members and employees achieve more fun, freedom and fulfillment in their lives.
Is WorldVentures going out of business?
WorldVentures will exit bankruptcy through a proposed acquisition by Verona International Holdings. WorldVentures … is pleased to announce that it has entered into a binding agreement … with Verona International Holdings as a plan of reorganization sponsor under the bankruptcy code.
Why did World Ventures Sue Carlos Rogers?
Carlos Rogers was sued by World Ventures in 2018 for breach of contract and theft of trade secrets. Distributors sued World Ventures in 2018 for unpaid commissions.
Who owns WorldVentures?
Wayne NugentKnown as “The Master in the Art of Living”, WorldVentures' Co-Founder and Chief Visionary Officer, Wayne Nugent, has pioneered a life that exemplifies the companies' Mission Statement: "to create more Fun, Freedom, and Fulfillment in people's lives."
Did WorldVentures go out of business?
Global Travel Direct Seller WorldVentures Prepares to Exit Bankruptcy with Pending Acquisition.
Who owns Verona International Holdings?
Verona International Holdings, Inc. (“Verona International”), the parent company of DreamTrips International, LLC and Rovia I, LLC, is pleased to announce that Mark and Tammy Smith have made a significant financial investment to become full equity partners in the ownership of Verona International.
What does WorldVentures cost?
You pay a one-time fee of AUD$443 and pay AU$148 monthly. This gets you 300 DreamTrips points that you can use any time. You get 200 DreamTrips points for every new active member you refer.
Did Seacret buy WorldVentures?
In a November 12th webinar to its field, WorldVentures Holdings announced a merger with beauty products company Seacret Direct. According to the call, WorldVentures will be absorbed into Seacret Direct, and the WorldVentures brand will be shelved.
Who is Eddie head?
Eddie (also known as Eddie the Head) is the mascot for the English heavy metal band Iron Maiden. He is a perennial fixture of the group's artwork, appearing in all of their album covers (as well as most of their singles) and in their merchandise, which includes T-shirts, posters and action figures.
Who is Verona International Holdings?
Verona International Holdings, Inc. is an investment group with experience in the sponsorship and reorganization space. The team at Verona International Holdings Inc. has a history within the global club travel membership business.
Is WorldVentures in financial trouble?
WorldVentures announced it had filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Texas in December 2020.
Who owns DreamTrips now?
More than 1.3 million travelers have experienced the one-of-a-kind, specially curated experiences known as DreamTrips. About Verona International Holdings, Inc. Verona International Holdings, Inc. is an investment group with experience in the sponsorship and reorganization space.
Does WorldVentures give refunds?
According to the company's Terms and Conditions, you can cancel your membership without penalty or obligation within three business days since the date you applied to become a member. You can apply for a full refund within 14 days of your membership application.
What is Wayne Nugent doing now?
Wayne Nugent - Chief Visionary Officer - WorldVentures | LinkedIn.
What is WorldVentures company?
Worldventures Marketing, LLC provides leisure travel services. The Company offers dream trips membership, which provides built-in community of fellow vacationers and vacation planning, dream trips life membership, and luxury dream trips membership, which provides access to a calendar of destinations.
What is you should be here travel?
The You Should Be Here Sign Meaning… Basically, in short, the concept is that people join a network marketing company called Dreamtrips (also known as World Ventures) which gives them the promise of riches if they can promote their travel program & get other people to sign up to do the exact same thing.
Investor Activity
Worldventures Holdings has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.
Trademark Applications
Trademark applications show the products and services that Worldventures Holdings is developing and marketing. Worldventures Holdings's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.
Recession Risk
Determine whether Worldventures Holdings grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Worldventures Holdings is relative to the industry overall.
Market Share of Worldventures Holdings's Largest Competitors
A competitive analysis shows these companies are in the same general field as Worldventures Holdings, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
Nearby Competitors
These companies are similar in business line and location to Worldventures Holdings. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Worldventures Holdings's Fastest Growing Competitors
These companies are in the same general field as Worldventures Holdings and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.
Who owns Spherature Investments?
Stammen is a co-owner of Spherature Investments, WorldVentures’ parent company. As per public bankruptcy filings, as of December 2020 WorldVentures owed Stammen $1.7 million dollars. The court has yet to issue a ruling on WorldVentures’ motion for a preliminary injunction against Eddie Head.
Will Seacret merge with WV?
Finally, on or about January 28, 2021, WV sent out a notice to its sales representatives stating that there would be no merger between WV and Seacret and that WV would only allow its sales representatives to sell Seacret products, as outlined in the LSA, until such time as the global travel industry rebounded.
Is Seacret an affiliate of WV?
Eventually, after a few weeks of back-and-forth negotiations, Seacret and WV entered into a Co-Marketing Agreement (CMA) dated July 22, 2020, which designated WV as an affiliate of Seacret and permitted WV to offer Seacret products under certain terms and conditions. I led the negotiations over the CMA on behalf of Seacret.
What is Worldventures
The official about Worldventures page describes them as a ' a community of fun, freedom and fulfillment'. It goes on to explain that if you join their DREAM TRIPS club, you will have access to their ' curated' group vacations to the 'most sought-after locations'. WorldVentures members also experience the ' transformative power of travel'.
How do you Make Money With WorldVentures
To find out how the WorldVentures business opportunity works, we looked at the 2017 WorldVentures Compensation Plan . This document explains how independent representatives can become financially free through the power of network marketing and simply sharing the WorldVentures opportunity.
How Much Are WorldVentures Representatives Earning
We found a copy of the 2015 WorldVentures Income Disclosure Statement . If we focus on the paragraph below the table of higher earners, we'll note that: In 2015 77.76% of WorldVentures Representatives earned no commission at all.
Is WorldVentures an Illegal Pyramid Scam
Network marketing companies are legal as long as they have a product or service attached to them. There is a lot of other legalese terminology, which their lawyers successfully navigate. What we are trying to say is that despite our opinion that MLMs are not ethical, but they are legal.
Should You Join WorldVentures
WorldVentures has achieved a first! This is the first time we've reviewed a network marketing company and have been unable to find a reason why you should join.
