Reliv International posted a 40% profit drop last week.  The nutrition and direct-selling company posted net income of $536,000, or 4 cents a share, in the third quarter, down from net income of $901,000, or 6 cents a share, a year ago.

What’s the problem?

According to them – the economy!

Doesn’t seem to make much sense, given that several network marketing companies have posted gains in their distributor bases and profits working in the exact same economy.

As of Sept. 30, 2008, Reliv’s distributor base totaled approximately 68,540, which represents a slight drop from a year ago.

I hope they stop blaming economic conditions and start improving their business.  Otherwise, they’re going to see that number drop further.