Quote Originally Posted by Theseus View Post
Another scheme where the basic maths just don't work.
Speaking of numbers...

According to Targaryen's 12/12/2012 post at TalkGold:

1. Flexkom are German and have a new product they designed. (Retail card machine & online portal)
2. Flexkom tested it in Turkey as Germany has close ties in that country, it has a young population and are tech savvy.
3. In under 2 years Flexkom have over 1.5 million customers and over 6000 franchise owners. One of the fastest growing companies in Turkey.
4. Flexkom knows the product works, are rolling it out across Europe and have a target of 200 million customers.
5. They are offering a limited number of Franchise positions in each country. Once they have a few good team builders and 500 Franchise owners that will trigger a launch in that country.
6. Germany, Belgium, Holland have got to these targets & are launching, UK has done the same now. Launch process under way.
7. They want Sales Managers to build teams of twelve, training for them in January and launch in February.
8. Cost of Franchise is £920 as an offer before launch. (Usually £1300) Offer ends 31st of December
9. If you have the £920 and the contacts and time to build a team there are cash & car incentives for Sales Managers.
10. Some Flexkom Franchise owners in Turkey are earning in excess of €200,000 per month. This is a huge opportunity for Networkers and experienced team builders to position themselves at the forefront of this company.
11. The company are looking for team builders at this stage, not retail sales people.
12. For more information contact please PM me your name, address & contact number or post here in the forum.
Looks like FlexKom lost 37,000 Franchisees and 500,000 customers between RealScam FlexKom Post #9 and this post.

Looks like the math "works" for the FlexKom owners selling the Franchises at £920 a pop. Wonder if there's a commission for selling those Franchises - I'm guessing there is.

But all's good, because according to Targaryen "This is a real business with a proven track record. Looking to list on the New York Stock Exchange next year."