Versativa
Overview, company details, product information, news, events, rankings and Rep listings for Versativa.
Versativa Current Status and History
Versativa no longer appears to be active as a direct sales company.
The Versative brand operated as a product division of ForeverGreen Worldwide Corporation rather than as an independent network-marketing company. ForeverGreen later ceased operations.
Original Npros business profile for Versativa, preserved below for archival purposes:
ForeverGreen introduced Versativa in early 2011 as a new line of hemp-based whole foods and nutritional products. ForeverGreen was already an established Utah network-marketing company founded by Ron Williams, and Versativa was designed to give its independent distributors a new product category around which to build their businesses. In its SEC filings, ForeverGreen reported a significant increase in sales in March 2011 following the Versativa launch and specifically described Versativa as a new product line intended to strengthen its distributor opportunity.
The Versativa line centered on hemp seed and whole-food nutrition. Its principal product was Versativa Pulse, a blend of nuts, seeds, fruits, grains, and other whole foods available as loose meal-replacement mixes and snack bars. Flavors included Hemp Cherry, Hemp Blueberry, and Hemp Raspberry. ForeverGreen also sold Versativa "Business Bars," packaged in different commissionable-volume amounts for distributors to use as product samples and business-building tools. ForeverGreen's SEC filings described Pulse as providing natural proteins, fiber, carbohydrates, and other nutrients from minimally processed whole-food ingredients.
Versativa products were sold through ForeverGreen's multilevel compensation plan. Independent representatives, known as Members, could sell products directly, sponsor additional Members, and earn Fast Start bonuses, personal rebates, downline commissions, and leadership-pool compensation. Qualification was based on Personal Volume and organizational sales volume. ForeverGreen's compensation structure included ranks ranging from Apprentice through Rainmaker and paid commissions on product volume generated throughout a Member's organization. Versativa therefore represented a product line within a conventional MLM structure rather than a separate Versativa compensation plan.
Versativa remained part of ForeverGreen's product catalog through at least 2015, alongside FrequenSea, Azul, PowerStrips, SolarStrips, essential oils, weight-management products, and other nutritional offerings. The company gradually shifted its marketing emphasis toward FGXpress and newer products, and the Versativa brand disappeared from active distribution. ForeverGreen later encountered serious financial difficulties. Its 2018 financial statements reported a $9.5 million working-capital deficit and a $47.6 million accumulated deficit, raising substantial doubt about its ability to continue as a going concern.
The SEC suspended trading in ForeverGreen securities in August 2020 because the company had fallen delinquent in its required financial reporting. On July 29, 2021, the SEC revoked the registration of ForeverGreen's securities for failure to comply with periodic reporting requirements. A later SEC complaint filed in 2024 states that ForeverGreen subsequently ceased operations. The SEC proceeding concerned the publicly traded parent company's securities-reporting obligations rather than the legality of the Versativa products or MLM compensation plan.
Company Goals
Versativa Network's stated mission is to make a difference to the environment and to "earth and humanity".
Enrollment Options
Interested parties may enroll via a form on a Versativa Independent Distributor's personal website, and may choose to enroll as a retail customer or a distributor. Options for product packages range from $53.95 for a "Consumer Pack" of Pulse to $540.95 for an "All In One Combo Upgrade Pack."
Compensation Plan
The Versativa compensation plan is identical to that of ForeverGreen and includes 5 legs. Participation in the compensation plan requires the monthly purchase of auto-ship products.
Executive Team
Ron Williams, CEO
Versativa News
Booming Hemp Industry Drives Demand for ForeverGreens Versativa Line
OREM, Utah, Aug 09, 2012 -- ForeverGreen Worldwide Corporation, a leading provider of nutritional foods and other healthy products, today discussed an article...
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