On Monday, the day after the company announced it was closing its doors, the founder of The MLM Company said he was willing to sell to anyone willing to pay a “fair price.”
The New York Times reports that Zilis is a $1 billion-plus company that offers a product line of products that help consumers create, manage and sell products that make them money.
It also says that Zilkis product line has over 1,300 stores across the U.S. and Europe and over 3,000 employees.
The company was founded in 1999 by two brothers, John and David Zilkias, who began marketing their company to consumers in the U of A’s residential school system.
The Zilkises had started the company in 1999, and it quickly grew from a $500 million business to a $5 billion business by 2004.
After the closure of Zilkys stores in the last decade, the company has had to rely on outside investors to raise money to keep it afloat.
Zilkis has had some success, especially in Canada where it had to turn to investors to help it survive.
In 2014, Zilkas first-quarter earnings beat Wall Street expectations, with revenue up 27% from the previous year.
Its second-quarter results beat Wall St. expectations by $2 billion, or 14% from a year earlier.