MonaVie

A company that has leaped into the news recently is the newcomer MonaVie. It is based around a juice made from a blend of fruits and also comes in a gel version. It was founded in 2005 by Dallin Larsen, a BYU grad with a Finance degree.

The Ingredients:

1) Blend of Acai
2) Fruit Juice Mix
3) Fruit Puree Mix
4) D-Glucosamine Hydrochloride
5) Fatty Acids

The Celebrities who Endorse it:

1) Houston Dynamo Soccer Team
2) Boston Red Sox Pitcher Jonathan Papelbon
3) Toronto Blue Jays First Baseman Lyle Overbay
4) Viacom CEO Sumner Redstone

The Houston We May Have A Problem

The company's fortune is based on an MLM scheme that allows distributors to earn commissions. The catch is, that they only qualify if they drink $130 worth of juice every month. Since personal retail sales only make up a small percentage, some people are calling this company a glorified pyramid scheme. The ingredients listed also have a big question mark surrounding them. MonaVie was sued by another company, Imagenetix, for over $2.75 billion regarding an ingredient dispute.