Overview, company details, product information, news, events, rankings and Representative listings for BioPerformance.
BioPerformance / mybpbiz.com is no longer active as an MLM/direct-selling company. It was a short-lived Dallas/Irving, Texas network-marketing fuel-additive company that launched in late 2005 and was shut down by Texas enforcement action in 2006.
Original Npros business profile for BioPerformance, preserved below for archival purposes:
BioPerformance was a Dallas/Irving, Texas-based network-marketing company that sold fuel-additive products in pill and powder form. The company launched in late 2005 and promoted BioPerformance Fuel as a "top secret" additive that could be placed in a vehicle's fuel tank to improve fuel economy and reduce emissions. Its early promotional materials claimed rapid growth, including more than 2,300 Independent Business Owners enrolled within the company's first 27 days.
BioPerformance operated through an MLM-style sales model using Independent Business Owners and replicated distributor websites hosted under the mybpbiz.com domain. Distributors promoted the fuel additive, recruited additional resellers, and built downline sales organizations. Company promotions emphasized both the product's alleged fuel-saving benefits and the income opportunity, including claims about creating large numbers of millionaires through the business.
BioPerformance was been shut down under temporary restraining order by the Texas Attorney Genenerals Office - May 17, 2006 In 2007, the Texas Attorney General ordered owners Lowell Mims and Gus Romero to pay $7 million dollars in fines.According to reps, BioPerformance is active and is now operating in Utah. See BPI Worldwide for more info.
Lowell Mims, President
Gus Romero, Vice President and Co-Founder
Npros.com archives executive bios for BioPerformance and other companies. Use the links below for specific executive biographies and related company history.
A rep recently notified us that BioPerformance is back in business as BPI Worldwide. In 2007 BioPerformance and its ownders, Lowell Mims and Gustavo Romero, had assets frozen and were ordered to pay $7 million dollars in compensation to consumers and representatives. According to the press release from the Texas Attorney General, Mims and Romero may continue to operate any legitimate enterprise, ...
The company opened for business only six months ago. But with gas prices at near-record levels, its product - pills and powders that promised big savings when dropped into a car's gas tank - caught on in no time. Tens of thousands of people lined up to sell the potions, and BioPerformance Inc. took in more than $25 million. The company's founders paid off mortgages, started trust funds for thei...
Fighting fuel scams: 'Gas-Saving' productsHigh gasoline prices have led many Texas consumers to consider the use of 'gas-saving' products. Consumers should be cautious about automotive devices or gas additives that claim to save money or improve fuel efficiency. The Environmental Protection Agency (EPA) has tested many of these products and devices to determine whether their use will res...
State Wins Injunction Against 'Gas Pill' Maker (June 2, 2006)-Texas won a temporary injunction Thursday against BioPerformance, which orders the company to stop marketing its so-called 'gas pill' as a product that improves gas mileage.The court also barred the defendants from access to millions of dollars that Attorney General Greg Abbott says were 'wrongly diverted for personal uses ...
The fate of BioPerformance is soon to be decided by a courtroom in San Antonio, according to a news report by Brooke Richie of CBS 11 Dallas-Fort Worth.According to her report of the courtroom proceedings, reported and uncontested is that the company netted more than $25 million dollars in just five months. The big question seems to be what happened to that money.According to the article, Bi...
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