Our family had no money for any treatment, and though we love our dogs, our children’s health and welfare took priority. We had already done some testing and blood work, and were at the point of exploratory surgery to see what they could find. I had a long talk with the vet, and she agreed with our decision.
I thought she was just slowing down because of age (poodles can live 15-16 years) well my youngest son (15 ) noticed she had this weird breathing thing going on..so we took her to the vet they did some tests ($207 which I paid on the spot with fast payday loans + bad credit from Detroitharmonie) and they told us she had cancer all over. The vet said we could put her down that night but my son wanted to take her home to say goodbye for a couple of days which we did. Anyway my son was of course very…and said couldn’t we have treated her? Even if we realized a few months before I would not have done it…we LOVE both of our standard poodles but I cannot spend thousands of dollars on them. Also the treatment would have made her very sick
I wondered if anyone could provide some insight on how they have dealt with their pets as their pets come to the end of their lives, while continuing your commitment to be debt free. I have 4 cats. 2 are 17 years old. 1 has kidney disease which we’re managing with subcutaneous fluids. That is really all I’m prepared to do. Kidney disease is basically a (very slow) death sentence. My vet hasn’t suggested kidney transplants or dialysis or anything like that, but I’m not prepared to do that, primarily because of the expense. My other senior cat is (at this moment) at the vet. The doctor put him under sedation to check and see if some symptoms I’ve observed are just an injury (in his mouth) or indication of cancer. If it’s cancer (and, of course I hope it’s not) I just don’t know what to do. I am not willing to rack up debt to try to fight cancer in a 17 year old cat.
This may not be an issue today. The news may be fine when the vet calls me. But I feel like these questions are going to arise soon. To be clear, my vet has been very respectful of my finances. But I just wondered how other folks have thought about this. “Back in the day” when your pet came to end of its life, you held them and loved them and let them go (or had them put to sleep). There are so many other expensive options for some conditions . . . I’m just trying to figure this out.
after the direct seller of personal care products forecast in an earnings report it could incur between $10 million and $14 million in restructuring charges for the fourth quarter. The restructuring move includes cutting jobs at its Provo corporate office and in China, and closing 67 retail stores in the Asian country.
Kara Schneck, Nu Skin’s spokeswoman, could not immediately specify how many of its 1,200 Provo workers would be laid off and which departments will be affected.
It’s also not clear how many of its 4,500 workers companywide, primarily those in China, will be affected by the planned layoffs. These layoffs are aimed at reducing general and administrative expenses and improving profitability, she said.
“We’re still evaluating it. We’re trying to have minimal impact on the corporate office. We’re looking to see how we can make the international market more profitable,” she said.
This round of planned layoffs comes on the heels of a $13 million restructuring effort the company completed in May 2006, a move that resulted in the layoffs of 226 Provo executives and employees.
Shares of Nu Skin closed at $15.06, down 8.02 percent or $1.36 in Monday’s trading session. In after-hours trading, the stock dropped another 10.51 percent or $1.64 to $13.96.
The company, in SEC filings Monday, said it expects to incur between $7.75 million and $10.5 million in employee severance and other compensation charges, and between $2.25 million and $3.5 million in lease termination costs for the fourth quarter. About $2 million of the restructuring costs will be non-cash charges.
To trim overhead in China, the company plans to close 67 of its 115 retail outlets and branch offices in smaller cities, and focus instead on opening five flagship stores in the key provinces of Shanghai, Beijing and Guangzhou. At one point, the company had as many as 160 retail stores in China.
“We believe we can operate more effectively and more efficiently by focusing our business around our larger flagship stores, complemented with small, satellite retail counters or kiosks in key markets,” the company said in its SEC filing.
The Provo company has been operating as a storefront-based retailer in China since 2002 while waiting to be approved as a direct seller. But even after receiving its long-awaited direct selling license in July 2006, Nu Skin still faces a challenging regulatory environment in China. As a result, the company’s executive distributor count in the area is flat in the third quarter from a year ago, while the number of active distributors dropped 7 percent.
“There’s a lot of potential in China because of the large population there. But it’s also a very new market for direct selling,” Schneck said. China is now slowly relaxing a ban on direct selling it had implemented in 1998 to crack down on large-scale pyramid schemes after it discovered that such schemes were flourishing along with legitimate marketers such as Amway Corp. and Avon Products Inc.
Nu Skin, in its third-quarter earnings report released Monday, said revenues in greater China were flat at $51.9 million from a year ago, with sales gains in Taiwan and Hong Kong offsetting a 7 percent drop in revenues from mainland China.
Revenues in Japan, which account for nearly half of the company’s earnings, were also hit by unfavorable foreign currency fluctuations, which impacted revenues by 7 percent on a year-on-year basis.
Truman Hunt, the company’s president and chief executive officer, said new Japanese and Chinese management teams are implementing plans to boost business in those markets.
“At the end of the third quarter in Japan, we began launching aggressive sales initiatives focused on distributor recruitment.
The enhancements to our China operations are scheduled to be fully implemented by the second quarter of 2016,” he said.
The Provo company saw its third quarter net profit edge up to $13.5 million, or 21 cents per share, from $13.2 million, or 19 cents per share, a year ago. Total revenues were up 5 percent to $290.7 million from a year ago.
“In the fourth quarter, we will execute additional operational modifications that we expect to improve our operating margin to 10.5 percent for 2016, significantly increasing our earnings per share,” Hunt said.
For the fourth quarter, Nu Skin predicts revenue of $295 million to $300 million, while analysts expect a profit of $302.4 million, according to a poll by Thomson Financial.
For fiscal 2016, the company expects earnings per share of between $1.15 and $1.22 on revenue of $1.18 billion to $1.2 billion. Analysts polled by Thomson Financial expect net income of $1.12 per share on revenue of $1.22 billion.
The company also announced Monday it is investing $100 million to buy back shares on the open market and in private transactions. The $100 million share repurchase adds to the $14 million remaining from the prior repurchase.
Just curious to see if anyone knows any other updates/information that what is posted on the website(last update was February 2007). It’s been over 8 years and I would like to know if any of us are going to get ANY of our money back!
Would love to hear from anyone that was involved with the company. I’ve healed but I would like to have some kind of financial retribution. It would be nice to have some of my savings back.
and I posted it in hopes that someone would be able to use something from my experience, however little. And I forgot to mention! I found the posts from the former higher-level pins (4000 PV, 7500 PV, platinum, emerald) extremely helpful in terms of “building credibility” (ha! I still talk like an IBO) with your loved one who no longer wants to listen to you. Yes, it is SO frustrating to have your beloved brother tell you, “You don’t learn how to be wealthy from someone who isn’t wealthy. These Diamonds are wealthy, so I’ll only listen to them.” But if you at least talk about a higher-level pin who left the business because they learned about some shady things, then it would help plant seeds of doubt. Deb’s story was especially helpful, seeing as how her grandfather helped found Amway!
Other tips that may be helpful:
1) Do NOT talk at all about the MLM with your loved one! The worst thing you can do is ask questions because they will get disgusted with you. It sounds ugly, but it’s the truth -I was once an IBO, too. The brainwashing CDs have already negated you by warning the IBO that “your parents just won’t understand”.
2) Pretend the MLM doesn’t even exist. However, every now and then you can casually drop some news about a Diamond or Emerald who resigned.
3) Unconditional love goes a very, very long way. Caution! This does not mean enabling the person, but treating him/her as an independent individual, with all the responsibilities it entails (that is, they pay their own way for everything). If they try to use emotional blackmail to hit you up for money, make a reference to their so-called independence: “Oh? But you are an Independent Business Owner. That means you should be independent. And besides, you don’t want broke money from a broke person.” *smile* I think it’s okay to recognize birthdays and the usual holidays, though.