SageGroup Strategies Forms MLM Industry Division to Help Troubled MLM Companies Nationally and Internationally

Los Angeles, CA; Boca Raton, FL; and Alameda, CA - March 18, 2005. SageGroup Strategies announces that it has formed a major MLM Industry Division to serve troubled MLM companies nationally and internationally. MLM (Multi-Level Marketing) companies have special aspects and needs with which SageGroup is very experienced and capable.

SageGroup is the largest Professional Troubled-Company Specialist firm in the U.S.A. and the world, with over sixty offices in the U.S.A., Canada, Asia, and Europe, and with several more pending offices. The Firm specializes in helping troubled companies and other complex situations. Its main objectives include to: a) resolve their serious problems; b) reorganize and restructure them in an optimal manner; c) obtain sufficient financing; and/or d) grow and develop the ongoing companies in a positive appropriate manner.

"The large MLM Industry has many troubled MLM companies," stated Jonathan Gulla, a SGS MLM Industry Division Co-Manager with over 26 years of executive, marketing, and operational experience in the MLM Industry. "SageGroup's staff includes many persons with Industry and/or functional experience and capabilities, all being available to quickly help troubled MLM Industry companies to get out of trouble and moving forward well."

Mr. Gulla added, "This industry can be one of the most effective vehicles to market products and services worldwide. Here are some of the major reasons why we are called upon to assist troubled MLM's. Unfortunately, we find that the company may be undercapitalized to fund their expansion, or have inadequate management that does not comprehend the difference of direct sales and motivating independent entrepreneurs. Many MLM's lack proper tracking systems such as replicating websites that market products direct to the public and expose the distributor opportunity. Also very important is the effective real-time back-office system for the tracking of sales, viewing organizational growth, and having the right compensation program for the right products. The timely payment of commissions is an absolute. Last, but not least, is building the correct Corporate Culture."

SageGroup offers a powerful large group of professionals who are experts at helping companies get out of trouble and move forward. SageGroup's staff includes over 600 highly-qualified specialists, including: financing and financial experts; turnaround experts; troubled-company specialists; marketing specialists; international business experts; attorneys; strategists; CPAs; corporate development specialists; acquisition and strategic alliance experts; corporate executives; operations experts; global sourcing specialists; industry specialists; technologists; and many others.

SageGroup's staff has been involved in hundreds of difficult company situations, including: refinancings; turnarounds; crisis management; debtor programs; spin-outs; restructurings and reorganizations; managed wind-downs and shut-downs; and transitions into being larger, stronger, better-financed, and stronger-management-team-run ongoing companies.

The SGS MLM Industry Division has at least one representative in each SGS Office nationally. For maximum confidentiality, initial inquiries from troubled MLM companies and their advisors can be directed to Larry Lindsey, a SGS Managing Director and a SGS MLM Industry Division Co-Manager, at SGS's International Coordination Office, phone number (510) 865-2480.