Wednesday, August 15, 2007

QUIXTAR: Former IBOAI Directors Orrin Woodward, Billy Florence, Don Wilson, Randy Haugen, Chris Brady and Chuck Goetschel Ordered to Cease ...

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Recent events have taken the business beyond simply a transformation. In addition to actions Alticor has taken to move the business in new directions, certain IBOs have now also taken actions that have complicated the picture. Here are the latest details as we know them.

Former IBOAI Directors Orrin Woodward, Billy Florence, Don Wilson, Randy Haugen, Chris Brady and Chuck Goetschel Ordered to Cease Breaching Confidentiality

Wednesday August 15, 2007

A Temporary Restraining Order Pending Arbitration was sought by the Independent Business Owners Association International (IBOAI) and granted on August 14, 2007 in a Michigan district court, preventing former IBOAI directors Orrin Woodward, Billy Florence, Don Wilson, Randy Haugen, Chris Brady and Chuck Goetschel from continuing to engage in breach of their fiduciary duty, breach of contract and violation of the Michigan Uniform Trade Secrets Act.

The IBOAI presented evidence to the Court that Woodward, Florence, Wilson, Haugen, Brady and Goetschel, whose businesses were recently terminated by Quixtar (see, had already disclosed “confidential information and trade secrets which the Defendants could only have learned as a result of their membership and activities on the IBOAI Board.”

The Court concluded, in its Temporary Restraining Order, that “the actions of the Defendants will result in immediate and irreparable harm to the Plaintiff (and its members)” and ordered Defendants, within five business days of being served, to “return to the Plaintiff or its counsel all of the Confidential Information in their possession, whether in hard copy form, electronically, or otherwise.”

Joint Statement Regarding Team

Friday, August 10, 2007

Quixtar Inc., North American Founders Council, and Independent Business Owners Association International Board of Directors Joint Statement Regarding Team

The North American Founders Council (NAFC) and Independent Business Owners Associational International (IBOAI) are proud to represent the Quixtar business opportunity, especially during this exciting period of transformation in our business. Unprecedented investments by Quixtar are poised to help make our businesses stronger than ever – more than $60 million in new money in Quixtar Business Incentives, launch of training to help make IBOs more successful, and exciting new product and category launches. Overall, the company is spending more than $200 million in product development, brand building, training and compensation enhancements to make this business opportunity bigger and more successful than ever.

We are disappointed that the founders of the Team training organization, Orrin Woodward and Chris Brady, and other IBOs affiliated with Team, have refused to move forward with the Quixtar business into this new and promising future. Given Team's unwillingness to work with the corporation to remedy their bad business-building practices, their stated intent to start a competing MLM and, ultimately, their decision to file baseless litigation against the business opportunity from which they have profited for years, the NAFC and IBOAI fully support Quixtar's decision to terminate these IBOs' businesses. The terminations of Woodward, Brady, Billy Florence, Don Wilson, Randy Haugen, Chuck Goetschel, Tim Marks, Kirk Birtles, James Martin, Aron Radosa, David Brandy, Benjamin Dickie, Bruce Gilbank, Michael Martenson, and Chuck Cullen will help correct practices that put Quixtar and all IBOs at serious and immediate risk of legal and regulatory action.

The NAFC and IBOAI stand firmly with Quixtar in an unwillingness to put our business and the businesses of hundreds of thousands of IBOs at risk of legal and regulatory action caused by Woodward and Brady’s practices.

We believe the Quixtar business is the best business opportunity in the world. We are prepared to work with the corporation and other IBOs who remain committed to their businesses as we move through this period of transformation to become stronger and more profitable, helping more individuals than ever before achieve success with a Quixtar-powered business of their own.

Other News Releases from Quixtar

ADA, Mich., August 10, 2007 – Quixtar Inc. announced this morning the termination of 15 independent businesses as a result of actions detrimental to the company’s North American operations. The businesses affected were part of the Team training organization...

August 10, 2007 - Quixtar Statement: Team
After working with Team training organization founders, Orrin Woodward and Chris Brady, on issues related to teaching by the organization on positioning of the business, the practice of “stacking,” or inappropriate depth-building, the use of unauthorized...

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