LifeVantage Corp. (LFVN.OB) Announces Cost Reduction Initiatives
LifeVantage Corp. is a science-based, natural products company dedicated to helping people reach their health and wellness goals through science-based solutions to oxidative stress. The company develops nutraceutical products, such as Protandim, which is a clinically proven supplement that provides benefits to people dealing with the challenges of healthy aging. In February 2009, the company added an experienced 52 person network marketing team to its existing nine person corporate team. After LifeVantage launched into the network marketing sales channel, net revenues for the company's 4th quarter showed a substantial 150% increase. The company is looking to build on this result…