1 00:00:00,400 --> 00:00:03,360 Speaker 1: Heather do for ce Ellen, Joe Rogan loves it. Gwyneth 2 00:00:03,360 --> 00:00:06,000 Speaker 1: Paltrow loves it. Lewis Hamilton loves it. I'm talking about 3 00:00:06,040 --> 00:00:08,480 Speaker 1: ag One, which is a billion dollar supplement company founded 4 00:00:08,480 --> 00:00:12,520 Speaker 1: by a New Zealander Chris Ashington. Now, the entrepreneur has 5 00:00:12,600 --> 00:00:14,920 Speaker 1: quit as the chief executive and the reason he's done 6 00:00:14,960 --> 00:00:17,960 Speaker 1: that has come after a newsroom investigation challenged him on 7 00:00:18,000 --> 00:00:20,360 Speaker 1: the company's revenues and claims that the product has made 8 00:00:20,400 --> 00:00:23,680 Speaker 1: in New Zealand. Now, Jonathan Milne is newsroom pros managing 9 00:00:23,800 --> 00:00:27,040 Speaker 1: editor and he and maker of the Powder Keg podcast, 10 00:00:27,200 --> 00:00:28,520 Speaker 1: which is what this is all about. It is with 11 00:00:28,600 --> 00:00:31,200 Speaker 1: us Now, John Oh, how are you doing very well? 12 00:00:31,200 --> 00:00:33,080 Speaker 1: Thank you? How did he get endorsements like this? I 13 00:00:33,120 --> 00:00:34,200 Speaker 1: mean those are massive names. 14 00:00:34,520 --> 00:00:37,680 Speaker 2: Look, this company is like one of the biggest social 15 00:00:37,720 --> 00:00:41,120 Speaker 2: media operators in the world. Sorry, social influencer operators. There 16 00:00:41,400 --> 00:00:44,640 Speaker 2: there's stars in this in this arena. But you know 17 00:00:44,880 --> 00:00:48,040 Speaker 2: that kind of influence doesn't come cheap. And Rogan Herberman, 18 00:00:48,080 --> 00:00:51,600 Speaker 2: they're getting millions from ag one to endorse it. The 19 00:00:52,240 --> 00:00:56,520 Speaker 2: new CEO of ag One herself says that they are 20 00:00:56,560 --> 00:01:00,000 Speaker 2: the third biggest ad spender in audio in the world. 21 00:01:00,480 --> 00:01:03,840 Speaker 2: So this is a massive, massive marketing spend and. 22 00:01:03,760 --> 00:01:06,400 Speaker 1: It's massive overseas, but not here. Why is it not here? 23 00:01:06,560 --> 00:01:08,400 Speaker 2: Yeah, that's really interesting. That's actually one of the things 24 00:01:08,440 --> 00:01:10,320 Speaker 2: that piqued my interest about this in the first place, 25 00:01:10,840 --> 00:01:13,560 Speaker 2: because I found out about this guy. You know, my 26 00:01:13,600 --> 00:01:17,199 Speaker 2: wife played me this at this podcast and she said, 27 00:01:17,240 --> 00:01:19,680 Speaker 2: check out this head you know, and made in New Zealand, 28 00:01:19,800 --> 00:01:23,440 Speaker 2: made for nearly everybody, and I'd never heard of it, 29 00:01:24,080 --> 00:01:26,040 Speaker 2: and it was made by this Kiwi guy, and I thought, well, 30 00:01:26,040 --> 00:01:29,040 Speaker 2: this is absolutely fascinating. But when I started digging a 31 00:01:29,080 --> 00:01:31,200 Speaker 2: little bit, well, when he wouldn't front for an interview, 32 00:01:31,200 --> 00:01:33,199 Speaker 2: because you know what, big corporate doesn't want to spook 33 00:01:33,240 --> 00:01:37,880 Speaker 2: their product on free media. When he wouldn't front for 34 00:01:37,920 --> 00:01:41,280 Speaker 2: an interview, I just started a few journalistic alarm bells 35 00:01:41,280 --> 00:01:44,400 Speaker 2: started to ring, and so I started digging around a 36 00:01:44,480 --> 00:01:48,480 Speaker 2: little bit further and found found in the gazettees, the 37 00:01:48,480 --> 00:01:51,680 Speaker 2: New Zealand Gazette which never forgets, you know, sort of. 38 00:01:52,240 --> 00:01:55,040 Speaker 1: This ancient record of journalism. 39 00:01:55,960 --> 00:01:58,040 Speaker 2: It records bad stuff that be done for a very 40 00:01:58,040 --> 00:02:01,200 Speaker 2: long time. And I found out that that he'd actually 41 00:02:01,200 --> 00:02:04,440 Speaker 2: declared himself bankrupt, owing three million dollars I think that's 42 00:02:04,440 --> 00:02:06,520 Speaker 2: why he doesn't market his own product to New Zealand, 43 00:02:07,120 --> 00:02:09,640 Speaker 2: even though it's made ind and he boasts about it 44 00:02:09,880 --> 00:02:11,880 Speaker 2: being made in New Zealand. I think the reason that 45 00:02:11,960 --> 00:02:14,080 Speaker 2: he doesn't market it here is because he knows that 46 00:02:14,160 --> 00:02:15,480 Speaker 2: it's going to come back to bite him. 47 00:02:15,520 --> 00:02:17,800 Speaker 1: But so what I mean, lots of people who've done 48 00:02:18,120 --> 00:02:20,560 Speaker 1: who go on to be very successful business people have 49 00:02:20,600 --> 00:02:22,079 Speaker 1: in the past been bankrupted. 50 00:02:22,240 --> 00:02:24,919 Speaker 2: Yeah, and I agree absolutely, And I think everyone to 51 00:02:25,040 --> 00:02:27,079 Speaker 2: get a second chance, right. You know, we've all done 52 00:02:27,080 --> 00:02:29,240 Speaker 2: stuff we regret, we've all made mistakes, and we all 53 00:02:29,240 --> 00:02:31,280 Speaker 2: should be given a chance to go on. But what 54 00:02:31,360 --> 00:02:34,880 Speaker 2: he's gone on to do is try to spin his 55 00:02:34,960 --> 00:02:36,840 Speaker 2: way out out of us and try to hide it. 56 00:02:37,000 --> 00:02:39,120 Speaker 2: And if it was a simple case that he had 57 00:02:39,160 --> 00:02:41,079 Speaker 2: done some bad stuff in the past, and he did 58 00:02:41,120 --> 00:02:42,320 Speaker 2: burn a lot of people, and I've talked to a 59 00:02:42,360 --> 00:02:45,040 Speaker 2: lot of people who got really badly vulnerable, people who 60 00:02:45,120 --> 00:02:48,200 Speaker 2: tried to get into their first homes and thought they 61 00:02:48,200 --> 00:02:50,160 Speaker 2: were on the property ladder. Turned out he never handed 62 00:02:50,160 --> 00:02:53,000 Speaker 2: the data title over to them. So he did get convicted. 63 00:02:53,120 --> 00:02:54,639 Speaker 1: It's not a decent bankruptcy. 64 00:02:54,800 --> 00:02:57,919 Speaker 2: It's you know, it's not a good on a bankruptcy. 65 00:02:58,000 --> 00:03:01,000 Speaker 2: I don't know what that looks like, but but you know, 66 00:03:01,320 --> 00:03:05,160 Speaker 2: I could even forgive them that if he said, I'm sorry, 67 00:03:05,480 --> 00:03:08,160 Speaker 2: I got it wrong, and I'll pay my reparations because 68 00:03:08,160 --> 00:03:10,079 Speaker 2: you know what, I'm a multi millionaire now. I will 69 00:03:10,080 --> 00:03:12,160 Speaker 2: pay one hundred and eighty two thousand dollars in fines 70 00:03:12,160 --> 00:03:14,680 Speaker 2: and reparations at the New Zealand courts ordered me to 71 00:03:14,720 --> 00:03:17,720 Speaker 2: pay to these people who are on the bones of 72 00:03:17,720 --> 00:03:21,280 Speaker 2: their ass and will never own their own home now 73 00:03:21,400 --> 00:03:24,639 Speaker 2: they're at retirement age or they're approaching retirement age. This 74 00:03:24,919 --> 00:03:26,960 Speaker 2: was their one chance to get on the property ladder 75 00:03:27,000 --> 00:03:29,200 Speaker 2: in South Auckland or in Viicago where he ran his schemes, 76 00:03:29,919 --> 00:03:34,520 Speaker 2: and it's never going to happen for them now an apology. 77 00:03:34,360 --> 00:03:36,680 Speaker 2: He has now delivered an apology to them via a 78 00:03:36,760 --> 00:03:39,400 Speaker 2: statement to me. He has said he deeply apologized for 79 00:03:39,520 --> 00:03:42,600 Speaker 2: any hurt that was caused, but he refuses to talk 80 00:03:42,600 --> 00:03:44,240 Speaker 2: about that one hundred and eighty two thousand dollars in 81 00:03:44,320 --> 00:03:46,480 Speaker 2: fines and reparations that he's never paid. 82 00:03:46,680 --> 00:03:48,480 Speaker 1: Johnny, you also said that the stuff is made in 83 00:03:48,480 --> 00:03:49,720 Speaker 1: New Zealand. But it's not, is it. 84 00:03:50,440 --> 00:03:52,840 Speaker 2: Look it is. Some of it is some of it is. 85 00:03:54,200 --> 00:03:58,240 Speaker 2: There's a contract manufacturer that used to make all of 86 00:03:58,280 --> 00:04:01,640 Speaker 2: it and they have now up back dramatically and shifted 87 00:04:01,760 --> 00:04:04,160 Speaker 2: a lot of that production to Utah in the United States. 88 00:04:04,760 --> 00:04:06,880 Speaker 2: So that's going to be hard for that manufacturing company. 89 00:04:07,720 --> 00:04:10,920 Speaker 2: And it also means that they've kept on since they 90 00:04:10,920 --> 00:04:14,080 Speaker 2: started doing that, shifting so much their production to Utah, 91 00:04:14,120 --> 00:04:17,040 Speaker 2: they kept on marketing it is being made in New 92 00:04:17,120 --> 00:04:20,640 Speaker 2: Zealand for the subsequent two years until I asked questions 93 00:04:20,680 --> 00:04:23,520 Speaker 2: about it, and then they started pulling those ads. I 94 00:04:23,560 --> 00:04:25,960 Speaker 2: have talked to the Commerce Commission about this. They're not happy, 95 00:04:26,000 --> 00:04:29,680 Speaker 2: they've they've they're very hard line on companies marketing their 96 00:04:29,680 --> 00:04:31,760 Speaker 2: products as made in New Zealand or produced New Zealand 97 00:04:31,839 --> 00:04:33,360 Speaker 2: or from New Zealand when they're not. 98 00:04:33,600 --> 00:04:34,479 Speaker 1: Yeah, for obvious reasons. 99 00:04:34,560 --> 00:04:37,640 Speaker 2: Obviously reasons. You know New Zealand. You know our image, 100 00:04:37,680 --> 00:04:40,159 Speaker 2: our brand image a New Zealanders is with billions of 101 00:04:40,200 --> 00:04:41,760 Speaker 2: dollars in this country. We need to keep it clean. 102 00:04:41,800 --> 00:04:43,680 Speaker 1: Now does the stuff work? Does it do what it says? 103 00:04:43,680 --> 00:04:44,000 Speaker 1: It does? 104 00:04:45,120 --> 00:04:48,160 Speaker 2: Look Like you said earlier, the scientific evidence just ain't 105 00:04:48,320 --> 00:04:52,120 Speaker 2: there yet. I tried it, did you. Yeah? I went 106 00:04:52,160 --> 00:04:53,720 Speaker 2: to great links to get a whole lot shipped into 107 00:04:53,760 --> 00:04:54,400 Speaker 2: the country. 108 00:04:54,160 --> 00:04:57,000 Speaker 1: By looking a little unwell at the moment, I'm just joking. 109 00:04:57,040 --> 00:04:58,560 Speaker 1: I mean, I'm going to get sued now as well 110 00:04:58,600 --> 00:05:00,320 Speaker 1: for saying that, just like I'm going to to you, 111 00:05:02,320 --> 00:05:03,960 Speaker 1: I tell me, what does it taste like? What is 112 00:05:04,000 --> 00:05:04,360 Speaker 1: it like? 113 00:05:04,600 --> 00:05:06,280 Speaker 2: I could tell you that that's that's like the sort 114 00:05:06,320 --> 00:05:10,000 Speaker 2: of that's the big unveil A right taste like banana, 115 00:05:10,760 --> 00:05:13,400 Speaker 2: taste like banana. It's actually quite nice. It's really habit forming. 116 00:05:13,440 --> 00:05:15,200 Speaker 2: I took it every morning for a couple of months. 117 00:05:15,200 --> 00:05:16,320 Speaker 1: Why is it habit for me? 118 00:05:16,320 --> 00:05:19,400 Speaker 2: It it tastes nice, and I don't really I don't 119 00:05:19,440 --> 00:05:22,520 Speaker 2: really get it. Yeah, I think I get up early 120 00:05:22,560 --> 00:05:24,800 Speaker 2: in the morning, you know, I get up at three 121 00:05:24,839 --> 00:05:27,000 Speaker 2: or four am to write a morning newsletter. I make 122 00:05:27,080 --> 00:05:29,880 Speaker 2: myself a big bloody pot of coffee, a black coffee, 123 00:05:30,080 --> 00:05:32,320 Speaker 2: and for two months I made myself a shaker of 124 00:05:32,360 --> 00:05:33,920 Speaker 2: age you one and I have a sort of side 125 00:05:33,960 --> 00:05:39,000 Speaker 2: by side healthy coffee, healthy coffee. And it tasted good 126 00:05:39,040 --> 00:05:40,680 Speaker 2: and it was just a ritual. And I don't have 127 00:05:40,760 --> 00:05:43,440 Speaker 2: breakfast for like six hours into my day or something, 128 00:05:44,480 --> 00:05:47,479 Speaker 2: and so it's just it's just something that I could 129 00:05:47,560 --> 00:05:49,960 Speaker 2: do that I enjoyed, and I felt a little bit 130 00:05:49,960 --> 00:05:52,200 Speaker 2: sad when I stopped taking it, and that I mean, 131 00:05:52,240 --> 00:05:55,240 Speaker 2: you laugh. But that habit forming that's absolutely critical to 132 00:05:55,279 --> 00:05:57,720 Speaker 2: their business, bottle of that and social influencers because they've 133 00:05:57,760 --> 00:06:00,120 Speaker 2: got a subscription model, and as you said, as some 134 00:06:00,200 --> 00:06:03,279 Speaker 2: of your listeners said, you can't buy it in New Zealand, 135 00:06:03,760 --> 00:06:06,880 Speaker 2: so and you can't buy it over the counter anywhere, 136 00:06:06,920 --> 00:06:09,240 Speaker 2: so people have to get it from the company. And 137 00:06:09,279 --> 00:06:12,880 Speaker 2: a monthly subscription costs a bomb one hundred US dollars 138 00:06:12,920 --> 00:06:15,880 Speaker 2: a month. If they're going to keep people paying for 139 00:06:15,920 --> 00:06:18,200 Speaker 2: that money and keep them on subscription, they need to 140 00:06:18,200 --> 00:06:22,320 Speaker 2: form a habit. It's critical to them. Why did he quit, Look, 141 00:06:22,360 --> 00:06:25,320 Speaker 2: he's he has not confirmed that it was because of 142 00:06:25,360 --> 00:06:28,560 Speaker 2: the questions we were asking. We were asking some pretty 143 00:06:28,600 --> 00:06:31,400 Speaker 2: robust questions about the level of his disclosure of his 144 00:06:31,480 --> 00:06:36,080 Speaker 2: criminal records. He did, but this year he said that 145 00:06:36,200 --> 00:06:39,719 Speaker 2: he didn't hadn't committed any crimes. He said that he'd 146 00:06:39,760 --> 00:06:43,000 Speaker 2: never had an arrest warrant issued against him. He said 147 00:06:43,000 --> 00:06:45,920 Speaker 2: that he'd paid all his fines and reparations. Now we're 148 00:06:45,960 --> 00:06:49,440 Speaker 2: able to demonstrate him with court papers that there's demonstrate 149 00:06:49,720 --> 00:06:53,440 Speaker 2: demonstrably and couraged monsterrably demonstrats start. 150 00:06:53,440 --> 00:06:57,719 Speaker 1: Then Yeah, I don't have to pronounce it's totally wrong. 151 00:07:00,640 --> 00:07:03,599 Speaker 2: Those three claims are wrong. And this was just a 152 00:07:03,600 --> 00:07:05,520 Speaker 2: few months ago in a big meeting that he had 153 00:07:05,520 --> 00:07:09,359 Speaker 2: with his staff, and presumably he's been saying telling us 154 00:07:09,400 --> 00:07:11,560 Speaker 2: board the same thing. Now. That can't go down well 155 00:07:11,560 --> 00:07:13,280 Speaker 2: when we're able to go back to them and say, actually, 156 00:07:13,320 --> 00:07:16,080 Speaker 2: here's the evidence at what you're telling your company now, 157 00:07:16,120 --> 00:07:17,960 Speaker 2: what you're telling your customers now, and what you're probably 158 00:07:18,000 --> 00:07:19,960 Speaker 2: telling your board now. I haven't set in on the 159 00:07:20,000 --> 00:07:23,040 Speaker 2: board meetings. I hastened to add, but it's not it's 160 00:07:23,120 --> 00:07:23,640 Speaker 2: not true. 161 00:07:23,880 --> 00:07:25,880 Speaker 1: Yeah, all right, what's the what's the podcast called? 162 00:07:26,160 --> 00:07:28,600 Speaker 2: It's called Powder Keg. It's on the Dove chournel from 163 00:07:28,880 --> 00:07:30,960 Speaker 2: from newsroom and I just want to very quickly say 164 00:07:30,960 --> 00:07:34,520 Speaker 2: thank you very much to the Brian Gainer Initiatives. They 165 00:07:34,720 --> 00:07:37,080 Speaker 2: helped fund the podcasts and without them we wouldn't have 166 00:07:37,120 --> 00:07:39,120 Speaker 2: been able to do that. So they're supporting public in 167 00:07:39,200 --> 00:07:40,960 Speaker 2: trist journalism yadem Yeah. 168 00:07:40,800 --> 00:07:42,960 Speaker 1: Absolutely, JOHNO, thank you for coming and really appreciate it 169 00:07:43,000 --> 00:07:44,880 Speaker 1: and best of luck with it. As Jonathan Mille, Newsroom 170 00:07:44,920 --> 00:07:47,680 Speaker 1: pro Managing Editor and the Powder Key and obviously behind 171 00:07:47,880 --> 00:07:51,920 Speaker 1: the Powder Key podcast. For more from Hither Duplessy Allen Drive, 172 00:07:52,080 --> 00:07:55,520 Speaker 1: listen live to news talks it'd be from four pm weekdays, 173 00:07:55,640 --> 00:07:57,840 Speaker 1: or follow the podcast on iHeartRadio