Chatter on the grapevine this morning is that WakeUpNow are looking to file for bankruptcy.

I haven’t confirmed this yet myself, but a significant number of affiliates in other opportunities have been observed making the claim in recent promotional videos targeting WakeUpNow affiliates.

I did check Pacer for any bankruptcy filings but at the time of publication none were on the record.

The closest I’ve come to being able to confirm the news is a Facebook posting by Eric Turner, made just a few hours ago.

Turner, widely known as “Seemore Green” in WakeUpNow affiliate circles, was a top earner in the company.

Turner claims WakeUpNow owes him over $300,000 in commissions and that he hasn’t been paid anything since last August.

The topic of bankruptcy doesn’t come up in Turner’s post, however he does state

I am saddened to have to say something that I honestly thought I’d never have to say, and that is that ‪#‎WakeUpNow‬ will no longer be the company you’ve come to know & love.

WakeUpNow, at least in the US, is no longer.

A video from another WakeUpNow affiliate, Logan Shippy, was uploaded on February 9th and claims that

Over the next week some information will be released and it’s not pretty.

Shippy also claims he is a “top executive” with the company and that he’s “not going down with the ship”.

People are owed commissions. People are distraught in this situation. People are stressed out.

People relied on WakeUpNow. They let me down, they let you guys down. And honestly they burned so much trust with so many different people.

Some people might learn from the experience, however judging by what is said by Trippy in his video, he’s already jumped ship into a new (and likely similar) opportunity.

Pending official bankruptcy filings or confirmation from the company itself, that’s all I’ve been able to find.

WakeUpNow’s Facebook page meanwhile boasts of “awesome new enhancements to the comp plan” announced on a February 4th affiliate training call.

Personally whether WakeUpNow formally file for bankruptcy or whether or not they’ve just ran out of money and don’t know what to do, it’s hard for anyone to say they didn’t see this coming.

I called it mid last year after revealing
WakeUpNow generated almost $8 million dollars in losses over 2012 and 2013
.

In response to our article, WakeUpNow

BusinessForHome also raised concerns
roughly a fortnight ago, publishing a report detailing payment processor problems in the US and combined losses now at $15 million dollars.

“Word in the street” in Salt Lake City, Utah, USA where around 100 MLM companies are based, is that Wake Up Now is looking for a new investor, if not found, it would be possible Wake Up Now will terminate operations shortly.

The way I see it, at its core WakeUpNow was always about recruiting new affiliates. The losses incurred are a result of paying out recruitment commissions and blowing money on useless pseudo-compliance.

Rather than address
the core of the business m

🤖 Quick Answer

Is WakeUpNow filing for bankruptcy?
As of the publication date, no official bankruptcy filings were recorded in PACER. However, multiple affiliates claimed the company was considering bankruptcy in promotional videos. Eric Turner, a top earner known as "Seemore Green," posted on Facebook alleging WakeUpNow owed him over $300,000 in unpaid commissions since August, though Turner's post did not explicitly mention bankruptcy proceedings.

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