Bestline Products
From Kook Science
| Bestline Products | |
|---|---|
| Legal status | Dissolved |
| Purpose/focus | Cosmetics, household cleaning products distribution franchise sales |
| Headquarters | San Jose, California |
| Chairman | William E. Bailey |
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Bestline Products, Inc. was a household cleaning supply and cosmetics distribution franchise company based in San Jose, California, founded in the late 1960s by William E. Bailey, a former distributor with Rich Schnackenberg and John Earl Shoaff's Nutri-Bio and former president at William Penn Patrick's Holiday Magic. Bestline was the subject of a string of lawsuits by distributors, state-level prosecutions as a pyramid scheme, as well as federal charges by the Federal Trade Commission (FTC) and a U.S. District Court ruling that the company was selling unregistered securities, based on precedents set by Securities and Exchange Commission (SEC) cases against the businesses of Glenn W. Turner,[i] resulting in its bankruptcy and dissolution.
Bestline Products line
- Bestline B-15 Rug Shampoo
- Bestline B7 Laundry Compound
- Bestline Car Shampoo
- Bestline Liquid Concentrate
- Bestline Zif All-Purpose Cleaner Super Concentrate
- Bestline A-B-C Automatic Bowl Cleaner
- Bestline Natural Beauty Boutique: Cleanser, Moisturizer, and Freshener
- Bestline "Spirit of the Eagle" After Shave
Press Coverage
- Gray, Myrna (15 Feb. 1970), "FTC, Several States Probe Sales Methods of BestLine", Asbury Park Press (Asbury Park, NJ): 45, https://www.newspapers.com/newspage/145717069
- Gorin, Ed (28 Apr. 1974), "Pyramid revamped - refunds offered", The Record (Hackensack, NJ): B-1, B-7, https://www.newspapers.com/newspage/492885982
- Barry, John F. (26 Mar. 1976), "Recent federal court decision may topple pyramid sales schemes", The Morning Call (Allentown, PA): 16, https://www.newspapers.com/newspage/275843953
- Dingwall, James (24 Feb. 1978), "Last of the pyramid firms", Calgary Herald (Calgary, AB): B16, https://www.newspapers.com/newspage/481303782/
Notes
- ↑ In Re Bestline Products Securities, 412 F. Supp. 732 (S.D. Fla. 1976): the Ninth Circuit court ruled that Bestline distributorships were securities, referring to earlier precedents set in the SEC case against Turner. Refer: https://law.justia.com/cases/federal/district-courts/FSupp/412/732/2368362/