When Neways was at its best it was owned by founder Tom Mower Sr., its best was so great not only the products were the best around but Neways International topped $750,000,000 in annual sales. In 2006 Golden Gate Capital purchased the then privately owned, debt free company.
Neways then defaulted on approximately $235 million of second- lien loans that matured during the week of 17th of November 2011. (you can read full article here).
It was said that Golden Gate was considering to file for bankruptcy or an out-of-court financial restructuring of Neways International that would most probably result in Golden Gate losing control, said the several people, whom could not be identified because the talks are confidential.
Can you believe that five years ago Neways was the 5th largest MLM in history and now they are falling apart. Why did this happen you ask.
When I first joined Neways 2002, I joined because of the amazing science and safety (100% non toxic personal care products). The buzz was due to Tom Mower Senior founder and creator of the Neways products. His passion was evident in all his products. He always made sure the products went above and beyond what was expected. He always researched the research and used the best possible ingredients in the highest possible quantities which resulted in a phenomenal product line.
After selling Neways the passion and brains that created the company disappeared. Tom Mower Senior then started another company called Sisel International which in my opinion out shines Neways in every way. I guess every other loyal Tom Mower Fan feels the same way.
Tom Mower Sr. is a good friend of Dani Walker, (my new up line leader). If you are interested in trying the products you can, even if you are here in Australia. Sign up online and use the following Sponsor ID: USA8428218 – if you are in Australia I can get the products shipped to you please email at email@example.com
Tom Mowers new products are fantastic, I really mean jaw dropping. His liquid nutritionals are the best anti aging products available with the latest research being used when developing the products but that’s another article.
SISEL International is another opportunity to build long term success with Tom Mower now and into the future.
For those ready to weigh their options, SISEL International extends the offer to all Neways distributors the ability to become SISEL Brand Partners and keep your current Neways rank. Tom Mower Sr. created the Neways comp plan and modeled his SISEL comp plan after it, he generously allows all Neways distributors the ability to keep there current rank when becoming SISEL distributors.