Betting on zero online latino

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The doc, which screened at the Tribeca Film Festival last year , focuses on Herbalife. But it is the testimonials of the many Latinos who have been ravaged by their involvement in the company that really hits home. To many immigrant Latinos some of them undocumented , the idea of being able to make money quickly while being their own boss is a very seductive proposition. One, which is, as the documentary shows, rather unlikely. But the truth, as alleged in the FTC complaint, is that the overwhelming majority of distributors who pursue the business opportunity earn little or no money. That is what multi-level marketing companies are premised on even as their legality is up for debate. This explains why the now global conglomerate has worked hard to discredit the film.

Betting on zero online latino

Julio Ulloa, a native of Ecuador, had a construction business in the US that was doing very well. Then, one day in , a representative from the nutrition company Herbalife knocked on his door and offered him the opportunity to increase his revenues. So he switched from construction to a nutrition club that promoted the Herbalife brand, and bought products worth thousands of dollars. At last, the unavoidable truth hit him in the face: his American dream of easy money was nothing more than an illusion. Braun said it was difficult to string together the different parts of the story, especially since Herbalife refused to participate in the documentary. That space was filled with archival footage of Herbalife officials instead, and complemented with testimony by former distributors who explain how multi-level marketing corporations work. The finished work was nominated for Best Documentary Feature at the Tribeca Film Festival, and was not without its controversy. Braun reports that Herbalife boycotted a screening of the film at the National Portrait Gallery in Washington DC in October, by getting a lawyer named Heather Podesta and her partners to purchase tickets, representing half of seats at the screening room, and then leaving the seats empty. This and other attacks did not prevent Betting on zero from becoming the most-watched documentary on iTunes for the first three weeks since its release in April of this year. It is now also currently available on Netflix. The documentary accuses Herbalife of focusing on the immigrant community and of exporting its business model to developing countries. According to Braun, many of the complaints filed by Contreras and her group were taken into account by a Federal Trade Commission FTC investigation into Herbalife that concluded that the company incurred in deceptive practices.

I wouldn't want you using explicitly my name either if I couldn't keep an eye on you. They have lost a lot of money and are dealing with the very real repercussions that come thereafter.

NERF:nerf02 Version 9. Skip to main navigation Skip to main navigation Skip to search Skip to search. Betting on Zero Betting on Zero. Title rated 0 out of 5 stars, based on 0 ratings 0 ratings You have not rated this title. Rate this title Rate this. Herbalife claims Ackman is simply a market manipulator out to make a fortune from short-selling their stock, but Ackman insists Herbalife deliberately targets low-income and immigrant communities and robs them of their life savings.

The doc, which screened at the Tribeca Film Festival last year , focuses on Herbalife. But it is the testimonials of the many Latinos who have been ravaged by their involvement in the company that really hits home. To many immigrant Latinos some of them undocumented , the idea of being able to make money quickly while being their own boss is a very seductive proposition. One, which is, as the documentary shows, rather unlikely. But the truth, as alleged in the FTC complaint, is that the overwhelming majority of distributors who pursue the business opportunity earn little or no money. That is what multi-level marketing companies are premised on even as their legality is up for debate. This explains why the now global conglomerate has worked hard to discredit the film. Debut of our poster today as well. Much of her work concerns undocumented immigrants in the U. Seeing firsthand how Herbalife had hurt members of her own community, of her pueblo, as she puts it, she was driven to action.

Betting on zero online latino

Eligible info. Herbalife claims Ackman is simply a market manipulator out to make a fortune from short-selling their stock, but Ackman insists Herbalife deliberately targets low-income and immigrant communities and robs them of their life savings. Herbalife is joined on the counterattack by longtime Ackman nemesis and fellow Wall Street billionaire Carl Icahn, while Ackman finds an unlikely ally in Chicago activist Julie Contreras, who rallies the Latino community to get the Federal government to intervene. Blending tales of high-stakes corporate intrigue with working-class people caught in the crossfire, Braun paints a stirring picture of the American Dream gone wrong. I thought this was pretty good and spot on about the industry. It's not representative of all of it, but unfortunately, most. There is a big private company company out there at the top of this industry that engages in many of these behaviors, and has a flawed system. I think companies like Herbalife and Vemma are only the beginning I wish the movie had documented a variety of experiences instead of focusing on a few

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Herbalife is a public company whose stocks are traded on the NYSE New York Stock Exchange , they sell dietary supplements and encourage customers to recruit other people into the fold as distributors of their products. But it is not just stupid or ignorant people who fall for it. But even in the face of the dehumanizing effects of these large systems, the community remains resilient. Prove it to me, this movie did not. Crucigramas minis. Fill out my Wufoo form! Graphic - Herbalife Income pyramid. MLM Resources. There may be illegal operations behind the curtain we don't know of yet or 'Betting on Zero' was unable to bring to light, but as far as they are considered clean by the regulators, they go on. Economic development. Debut of our poster today as well. Title availability. These real-life stars carry the moral ambiguity of Shakespearean tragic characters, which, in this case, appear to honor and protect the consumers who buy their products. None should look at this production as the documentary that exposes the dirty cheats that may run a corporation bankrupt or earn them the most thorough federal investigations of all time. You could read the whole story in 10 min.

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The documentary accuses Herbalife of focusing on the immigrant community and of exporting its business model to developing countries. Either they invited a lot of friends who didn't show up or they didn't want people to see it. BEFORE you sign up, there's a very clear document outlining that you may not make money and other things clearly outlined. See The Film. From the community What did you think about this title? To many immigrant Latinos some of them undocumented , the idea of being able to make money quickly while being their own boss is a very seductive proposition. The film maker would like you to believe that Herbalife is this evil corporation, and is totally at fault. This is not a coincidence. The movie does not explore this simple truth in any meaningful way. It's not representative of all of it, but unfortunately, most. The core findings of Betting On Zero are practically identical to the core findings of the FTC after its multi-year investigation of Herbalife. I sent you the warning in good faith.