It would help enormously to get a bigger shareholder on board.

We want to unlock significant shareholder value. What we're trying to do is help the company reconfigure itself.

If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers.

Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud.

It is a certainty that Herbalife is a pyramid scheme. We believe it's harming a population of low-income, principally Hispanic people in the U.S. to benefit a handful of super wealthy people at the top of the pyramid.

If you think of the typical Herbalife distributor and their level of sophistication, to this day I still don't understand the marketing plan - true story.