Current Topics
Company
- Q. What are FreeLife’s annual sales and profits?
- A. As a privately held company, we aren’t required to disclose these figures. However, our business is very strong. Our sales have more than doubled for each of the past three years due to three things – growing demand for Himalayan Goji® Juice, increased interest in selling GoChi™ and Himalayan Goji Juice, and FreeLife’s entry into new international markets. We are profitable and financially solid.
- Q. Who owns FreeLife®?
- A. FreeLife is owned by Ray Faltinsky, Kevin Fournier, and a group of investors, including well-known investment pro Anson Beard of Morgan Stanley/Dean Witter.
- Q. Does FreeLife plan to become a publicly traded company?
- A. Probably not. We have been successful as a privately held company, always having sufficient funds to invest for future growth. And as a privately held company, we can more effectively manage for the long-term because we’re not fixated on monthly or quarterly sales, changes in share price, analyst ratings, etc.
- Q. What “bricks and mortar” support FreeLife’s business?
- A. FreeLife is currently building a 75,000 sq. ft. world headquarters in Phoenix, Arizona, and also has offices in the Philippines, Puerto Rico, Thailand, Mexico, Australia, Germany, and Connecticut and Arizona in the United States for our 200+ employees around the world. We also work closely with other specialized companies to develop, manufacture, and distribute our products. This ensures quality and satisfaction, while giving us great operating flexibility.
