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Thread: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

  1. #651
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Hey watsco, how about some less whining and more answering questions and presenting us facts? Whining won't get your very far in business.

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  3. #652
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    That income disclosure would be nice.

    If Simon Stepsys or Mark Ghobril are involved it's 100% a SCAM!

  4. #653
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    @ FlexKomGAUSA -- I have asked you and Watsco about the 4.5 million members and 13,500 merchants already signed up with FlexKom several times. Watsco said the numbers are true. You indicate the company has never used these numbers to sell the deal to NEW investors.

    So, just so the board can confirm.....you NEVER ONCE visited the COMPANY WEBSITE? I mean, you did your due diligence, right? If you DID visit the FLEXKOM INTERNATIONAL WEBSITE, you would have seen these numbers prominently displayed in a TOTE BOARD format on their site.

    And for your viewing pleasure (and that of visitors to RealSCAM.com reviewing FlexKom - legitimate MLM or scam??), here it is, BIG AS LIFE, saved by Archive.org

    "With regards to Turkey, the numbers you are sharing have never been promoted or discussed at any presentation that I have attended. That is both corporate and out in the field. Again, that's my personal experience and I can tell you that is not something I, nor anyone on my team is sharing in our market. I can't possibly tell you how many merchants or customers there are in Turkey and I'm not going to try. I do know that they will be migrating over to the new terminal in the near future according to the FlexKom corporate newsletter. Whether that is 10 or 10,000 I have no idea. Maybe when this happens we can get some verifiable numbers from the field. I would like to know as much as you!!" Well, be careful what you ask for because the truth is only a click away.

    https://web.archive.org/web/20140208...w.flexkom.com/ <-------- Did FlexKom PUMP UP their numbers OR were they real?

    FlexKom has now removed this Member Counter from their website. However, there is a little website called archive.org that has this nasty little habit of bringing the past back to life for all of us to see.
    If you can plainly see, on Feb 8, 2014 Flexkom International boasted 4,620,0020 Card Members and 166,543 App downloads!!!!! Wow. That is huge. It would certainly entice the novice to join in the USA to
    INVEST $2,200 UP FRONT & CASH IN on this amazing success story as they expand here, right? WRONG. It was all a marketing ploy. IMO Is it a fact that when they launched in the USA, they DID NOT have a working system.

    Now.....let's have some fun. If you notice the snapshot taken on August 23,2013, it shows Flexkom with 0004,409,738 Card Members and 9483 App Downloads. OBVIOUS QUESTION: If the FlexKom is GROWING as they claim, how did the company grow from zero to 4,409,738 Card & App Members by Aug. 23, 2013 and ONLY ADD about 250,000 (6%) over the past 5 months? PLUS, Flexkom opened up several NEW COUNTRIES during this time including the USA.

    What gives UGA1, Watsco and FlexKomGAUSA? You guys have let a lot of important questions go unanswered about Flexkom. Let's see how good you guys really are at MATH.
    Last edited by MLM Broken Model; 03-02-2014 at 02:28 PM.

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  6. #654
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Those counters were a terrible joke. Flexkom edited those numbers by hand. Sometimes not for a week, then suddenly every day. As if the guy who edited them only did it when he felt like doing it. Even more funny; he sometimes forgot the previous number, making the counter actually go down in stead of up.

    You can verify this by comparing diffrent versions of the Flexkom website:
    https://web.archive.org/web/20131120...ww.flexkom.com
    20th of November 2013: 136500 app downloads

    https://web.archive.org/web/20131229...w.flexkom.com/
    29th of December 2013: 126243 app downloads.

    So in over a months time, the number DECREASED with over 10.000.

    You can't argue that people gave back the app or something in order to get the counter go down over 10.000 in a months time. Once someone downloads an app, that counts as a download. These numbers are not corrected for removal of the app by a user. It is not possible for such a counter to go down.

    Also, Google and Apple count the app downloads. By the time that Flexkoms counter was over 100.000, Google and Apple only indicated for about 10.000 downloads.
    I think that's why Flexkom removed the fake counters. People started noticing that they were bullshit.

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  8. #655
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by watsco View Post
    The rudeness is rampant. Name calling a put downs remind me of bullying tactics I seen in middle school. It is all about emotional triggers accusations of us being anything but forthright in our dealings with this opportunity.
    I also think there's a lot of rudeness in these threads, from quite a number of angles; from those defending FlexKom, and from some of those attacking t.

    The subjects we're dealing with here are quite emotive. Being accused of being a fraud or part of a ponzi scheme is no small deal - nobody likes to be accused of being criminal, no matter how mistaken the accusation. On the other hand, when fraud is happening to the tune many millions of dollars, there are some of us out here who feel our sense of justice has really been rubbed the wrong way, and we want to fight such wrongness.

    Why fight this particular wrongness when there's so much in the world? Well, that would be personal to each person here. I myself was defrauded in 2009, and I found myself learning a great deal about how this stuff works, about the kind of real-world strategy and tactics involved. So when a friend of mine got involved with FlexKom, I applied some of what I'd learnt to what he showed me, and kept on digging. And by "digging" I don't mean I just googled anti-FlexKom blogs. My research included everything which was reasonably in my power, including telephoning people in Germany (I barely speak any German), emailing people in the EU, getting hold of company records from Switzerland, etc. I didn't buy a flight to Munich to visit FlexKom's offices, but did consider it. What's a £400 flight when you're about to sink £1500 into an investment, and you want to know if it's legit or not?

    Eventually, each of us needs to make our own decision about these things, and we each make our own decision based upon what we consider "good enough" evidence. For example, I have no utterly hard-fast evidence that FlexKom is a criminal enterprise, but I have seen enough to make me suspicious. Given that I don't have to give them money, that I could invest my money in various other places, including my own business that I run, or buying shares, or a simple savings account, given all these possibilities, suspicion is all that is needed.

    Of course, there is such a thing as a smear-campaign and unfair suspicion can be created out of nothing, which is why I keep digging deep enough until it is my suspicion, not the suspicion of whoever I've been reading.

    And I choose to quietly and calmly post some of my findings, so that other people may look. I don't tell them where to look, or what to see. I just tell them where I looked, and what I saw. And it's mostly posted here, much earlier in this thread. In summary, my opinion is that FlexKom are bare-faced liars as far as EBCON is concerned, and seeing someone be a liar once, I don't let them lie to me twice. :)

    Personally, I've always thought the Lt. Columbo approach works best: he knows the score right from the get-go, but he is always impeccably polite, even after the hard evidence is out in the open. Eventually, after being asked enough quiet questions about the holes in the narrative, people start to incriminate themselves.

    There's no need to celebrate the exposure of such holes. "Don't cheer, boys. The poor devils are dying."

  9. #656
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Stewart I can respect your post. It is clear what you have determined for your self. You are expressing your view on here is it should be expressed. You give a concise explanation of why you think FlexKom is a scam. You also gave the reader a clue to what they should do by showing them there is a process to finding for yourself what is the truth. This is different from the mob mentality on this board. Maybe they are so used to it now they don't see hwtathey are doing, but it reminds me of the old time lynching mentality. Some one said someone did something and a gang got together with a rope and took the law into their own hands.

    FlexKom have attorneys who are experts on compliance for a good reason. There are laws already in place. Those laws can't be broken without running the risk of the attorney general showing up at the offices and shutting FlexKom down. It would happen without trial. In fact in 20 countries it has not happened and FlexKom is 4 /12 years old now. To call us "pimps and "scammers"without a verdict in court is based on their opinions. It is not backed by a verdict in court anywhere in the world. There is not even a complaint from any governing agency in the world about FlexKom and every country we are in we have been approved to operate as the way we do. So it is clear it is bullying that is going on here. It's justified in what they feel is legal and what they think about FlexKom but never the less it is not supported by a single complaint or verdict anywhere. Guilty until proven innocent a very backwards way to see things. Why not instead of us bending backwards to prove innocence from your judgments why not anyone on here show os any proof of criminal activity. I don't mean accusations there are list of accusations on here and spins of every kind of deception but just a lot of accusations nothing real. I would imagine if it was real it would be in court by now. They would like to have us believe that the owners are so slick that that the regulatory agencies are not able to get them. We are talking about the government here.

    At one point the government fought Amway in court based on their business model. What came out of that trial was a set of rules and guidelines. It has been altered throughout the years. But we have a set of rules to follow. The compliance attorneys are experts on this and make sure we follow every rule in place.

    I know why it is done this way on here. It is just a custom to go after blood. When they smell blood it gets them excited it is the chase that drives them and it gets out of hand. The mob gets riled up, they like the power it gives them. They forget to think about the outside world and that we have a place already that handles this stuff. So in here it's just a lynching party.

    So thank you for being on the other side of this and being clear to people about what you stand for.

    So that everyone understands how it works on the side of a company such as ours.
    The last thing a company wants is to be shut down without trial by the attorney general, which they have the power to do. If they close the doors, even if the company is innocent, you can kiss the whole company goodbye and everyone will lose. This is a day not a single company wants to have. So they keep things very strict for that reason.

    If the people on here have a problem with the guidelines of MLM they should also let everyone know they have a view different from what has been determined by a jury and ruled on based on what the people want. As far as opinions goes anyone can have an opinion. I can have an opinion that it should be illegal to be gay and call people words for being gay. But still there is a law that says differently. I can express I think it is wrong to be gay, but when I start name calling it is not about what my opinion is anymore it is attacking someone for what they do or believe in. So until a company is really determined by a court somewhere in the world to be illegal, calling us "pimps" and 'scammers" is simply bullying justified by their own opinion about what FlexKom is and it it is in no way supported by any verdicts anywhere in the world.

  10. #657
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by MLM Broken Model View Post
    @ FlexKomGAUSA -- I have asked you and Watsco about the 4.5 million members and 13,500 merchants already signed up with FlexKom several times. Watsco said the numbers are true. You indicate the company has never used these numbers to sell the deal to NEW investors.

    So, just so the board can confirm.....you NEVER ONCE visited the COMPANY WEBSITE? I mean, you did your due diligence, right? If you DID visit the FLEXKOM INTERNATIONAL WEBSITE, you would have seen these numbers prominently displayed in a TOTE BOARD format on their site.

    And for your viewing pleasure (and that of visitors to RealSCAM.com reviewing FlexKom - legitimate MLM or scam??), here it is, BIG AS LIFE, saved by Archive.org

    "With regards to Turkey, the numbers you are sharing have never been promoted or discussed at any presentation that I have attended. That is both corporate and out in the field. Again, that's my personal experience and I can tell you that is not something I, nor anyone on my team is sharing in our market. I can't possibly tell you how many merchants or customers there are in Turkey and I'm not going to try. I do know that they will be migrating over to the new terminal in the near future according to the FlexKom corporate newsletter. Whether that is 10 or 10,000 I have no idea. Maybe when this happens we can get some verifiable numbers from the field. I would like to know as much as you!!" Well, be careful what you ask for because the truth is only a click away.

    https://web.archive.org/web/20140208...w.flexkom.com/ <-------- Did FlexKom PUMP UP their numbers OR were they real?

    FlexKom has now removed this Member Counter from their website. However, there is a little website called archive.org that has this nasty little habit of bringing the past back to life for all of us to see.
    If you can plainly see, on Feb 8, 2014 Flexkom International boasted 4,620,0020 Card Members and 166,543 App downloads!!!!! Wow. That is huge. It would certainly entice the novice to join in the USA to
    INVEST $2,200 UP FRONT & CASH IN on this amazing success story as they expand here, right? WRONG. It was all a marketing ploy. IMO Is it a fact that when they launched in the USA, they DID NOT have a working system.

    Now.....let's have some fun. If you notice the snapshot taken on August 23,2013, it shows Flexkom with 0004,409,738 Card Members and 9483 App Downloads. OBVIOUS QUESTION: If the FlexKom is GROWING as they claim, how did the company grow from zero to 4,409,738 Card & App Members by Aug. 23, 2013 and ONLY ADD about 250,000 (6%) over the past 5 months? PLUS, Flexkom opened up several NEW COUNTRIES during this time including the USA.

    What gives UGA1, Watsco and FlexKomGAUSA? You guys have let a lot of important questions go unanswered about Flexkom. Let's see how good you guys really are at MATH.
    MLM, I know I did not put myself on trial here. So instead of me being on trial for being a FlexKom brand manager in your fictitious court. Why don't you go and prove that FlexKom does not have over 4 million users? Why not prove to us that FlexKom is a scam? Why not let us be innocent until YOU prove something. You are not supported by the law anywhere in the world and it has been 4 1/2 years of FlexKom doing business. So far you are just a guy on Realscam with an opinion that clearly is not supported by the authorities anywhere.

    So what is your proof?

    Not clues or suspicions. Real proof.

    Show me instead, since we still have not been charged in the real world maybe you can bring forward something here that makes sense to people so all this is warranted somehow.

  11. #658
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by Whip View Post
    I have no reason to watch sales pitches. If you can't answer simple questions, then you shouldn't be in this. This is a basic question any merchant should be asking. If not, then I guess you know you have your mark.
    If walmart asks to be involved, you will have to oblige. Otherwise it will be discrimination.
    This is how to interpret this statement. I am not interested in understanding how you do business. I only care about what I think in my own mind about FlexKom. I will express my opinion on very little understanding of FlexKom and then I will advice the readers about FlexKom and why it wont work or why it is a scam. But mind you I have actually not seen all the details of FlexKom and it's system. But I already know because it has to be just like every other company with levels.

  12. #659
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by watsco View Post
    Show me instead, since we still have not been charged in the real world maybe you can bring forward something here that makes sense to people so all this is warranted somehow.
    Sure. Here are some articles taken from a Turkish Newspaper:

    Türkiye
    Flexkom çal

    In 2012, Turkisch government is starting investigations afther over 30.000 complaints of former Flexkom sales reps. The government suspects Flexkom of being a pyramid scheme.

    As a result of that, there have been several lawsuits. I've attached some court documents for you. These are from the lawsuit against Erol Pakel, one of the (former?) owners of Flexkom Turkey. Now it's your time to have these translated, as I think that I've done enough to convince you that you have been, or rather, that you are the scammer.

    ErokPakel1.jpg
    ErolPakel2.jpg
    ErolPakel3.jpg
    Last edited by freighttrain; 03-03-2014 at 01:19 PM.

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  14. #660
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by watsco View Post
    FlexKom have attorneys who are experts on compliance for a good reason. There are laws already in place. Those laws can't be broken without running the risk of the attorney general showing up at the offices and shutting FlexKom down.

    For the people coming here undecided about flexkom, consider the quote below before being swayed by an attorney's stamp of approval.


    "In December 2007, ASD hired an Internet marketing firm, USHBB, and made a series of videos promoting ASD, which started to appear on Youtube in March 2008, where Bowdoin and members told everybody that a lawyer (later identified as Robert Garner) had vetted the firm, it's not a Ponzi, but a safe and profitable opportunity. The lawyer then appeared on the video proclaiming the same thing."

    For those of you who are newbies to scams, ASD Ad surf daily's owner Andy Bowdoin convicted of running an illegal ponzi scheme. If I'm not mistaken, Zeek Rewards touted the same.

    Watsco, please provide the name of the firm/attorneys you are referencing as experts. I assume you have checked this out already for yourself since you know so much about this flexcom "opportunity".

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  16. #661
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by Char View Post
    Watsco, please provide the name of the firm/attorneys you are referencing as experts. I assume you have checked this out already for yourself since you know so much about this flexcom "opportunity".
    If watsco turns out to be unable to do so, I can also provide these names and even the documents this laywer has written and then signed. Ofcourse, this comes with free debunking of said article.

    But first things first, I am eager to find out how watsco is going to reply to the conviction of one of Flexkom's former pimps in Turkey. Bet Flexkom did not told him this. Weird that I had to tell him this, one would expect that watsco had done really good research on Flexkom.

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  18. #662
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??


    Again that income disclosure that is locked away on the Flexkom website would be nice.

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  20. #663
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    watsco: Congratulations! You have Ponzi-speak 101 down perfectly. I was waiting for the claim until a court of law claims it is a Ponzi/Scam, it is not a Ponzi/Scam argument, and there are no complaints therefore it cannot be a Ponzi/Scam.

    Maybe you should read up on the ASD and Zeek Rewards Ponzi's to see how those same arguments faired for them. By the way, I will elaborate on what Char said about ASD and their claim of legitimacy not only by Robert Garner, but also Gerald Nehra (of Amway fame since you like to quote the Amway case). You see ASD had an Evidentiary Hearing in which Gerald Nehra was one of the star witnesses for ASD. Gerald Nehra testified that ASD was not a Ponzi based on the information he was given. In making her ruling, US Federal Judge Rosemary Collyer credited the testimony of Gerald Nehra as proving the governments case for them.

    Now let's fast forward to the Zeek Rewards case, and guess who also said that Zeek Rewards was not a Ponzi? Yep, you guessed it, Gerald Nehra. And Zeek also had several MLM attorneys on board. And just like in the ASD case, and you have now done here, used the same arguments you have put forth.

    But let me correct you on one of your statements and that is this: "every country we are in we have been approved to operate as the way we do." So you can show proof that Flexcom is registered and licensed to do business in every country where they do business, right. Heck I'll make it easy for you, just show the proof for the U.S. It is one thing to register the name of the company, and another to be registered and licensed to do business which Flexcom is not. And just so you know, registering your company name is not approval by any government agency for your business.

    You also said: "Those laws can't be broken without running the risk of the attorney general showing up at the offices and shutting FlexKom down." Now you really are showing how naïve and inexperienced you really are. In most major Ponzi's, it takes anywhere from 8-24 months for an investigation to be conducted before any action is taken by any law enforcement agency. It can even take longer. Some Ponzi's ran much longer before any investigation is even begun, and many others collapse on their own. You really believe that the AG is just waiting for Flexcom to violate one aspect of the law and they will immediately pounce on them? Seriously?

    You might wanto take into consideration that many of us posting here have been exposing Ponzi's/Scams for more than a decade. We have seen it and heard it all from people like you defending their Ponzi de Jour. Every statement you have made so far we have heard thousands of times before. I will also bet that when the government does act to shut Flexkom down, you will then be claiming how evil the government is; they just wanted the money because they are broke, and you have a right to do with your money as you see fit. Yep, heard all that before too.

    So far all you have done is spew the Flexcom spiel because you really don't want to see what Flexcom is really all about. For if you do you just might have to admit we are right, and that will hurt. No-one likes to find out they have been fooled and taken advantage of, let alone in financial matters. I do understand this as I speak to people every day of the week on this issue. I have been called every name in the book and then some by people just like you (good and honest people) because I expose Ponzi's/Scams.

    There are only two ways Ponzi's/Scams end: 1. The admin runs with the money because the sheer weight of the number of people in it and not enough new money coming in makes it collapse, or the government moves in and shuts it down. The only two ways they end.

    So instead of complaining and changing the subject, why don't you start providing real facts (you know like you claim we are not providing) and prove us all wrong? Otherwise you should buy some cheese and crackers to go along with your whine.
    Last edited by EagleOne; 03-03-2014 at 05:07 PM.
    EagleOne
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com

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  22. #664
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by EagleOne View Post
    I will also bet that when the government does act to shut Flexvom down, you will then be claiming how evil the government is;
    Flexvom.... Flexvomit I like it Some typos are just so appropriate.

  23. #665
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Watsco - UGA1 - FlexKomGAUSA - Did you know? Do you even care?

    MLM Law: Georgia Multilevel Definitions

    10-1-411.

    (a) No multilevel distribution company or participant in its marketing program shall:

    (1) Operate or, directly or indirectly, participate in the operation of any multilevel marketing program wherein the financial gains to the participants are primarily dependent upon the continued, successive recruitment of other participants and where sales to nonparticipants are not required as a condition precedent to realization of such financial gains;

    (2) Offer to pay, pay, or authorize the payment of any finder's fee, bonus, refund, override, commission, cross-commission, dividend, or other consideration to any participant in a multilevel marketing program solely for the solicitation or recruitment of other participants therein;

    Watsco/UGA1/FlexkomGAUSA - - did you guys get paid a bonus, commission or override when you sold the $2,200 Deal to Others?


    10-1-412.

    (a) Any business opportunity seller or company which represents, in conjunction with any agreement which requires a total initial payment of an amount exceeding $500.00, that the seller or company will refund all or part of the price paid for the business opportunity or will repurchase any of the products, equipment, supplies, or chattels supplied by the seller or company if the purchaser is dissatisfied with the business opportunity and any multilevel distribution company must either have obtained a bond issued by a surety company authorized to do business in this state or have established a trust account with a licensed and insured bank or savings institution located in this state. For purposes of this subsection, deposits shall not be considered part of the price paid for the business opportunity. The amount of the bond or trust account shall be an amount not less than $75,000.00. The bond or trust account shall be in favor of the state for the benefit of any person who is damaged by any violation of this part or by the seller's or company's breach of the contract or agreement or of any obligation arising therefrom. Such person may bring an action against the bond or trust account to recover damages suffered; provided, however, that the aggregate liability of the surety or trustee shall be only for actual damages and in no event shall exceed the amount of the bond or trust account. A multilevel distribution company which requires an initial payment of less than $500.00 from each participant shall be exempt from the requirements of this Code section.


    Source: MLM Law: Georgia State Statutes Affecting the MLM Industry - Jeff Babener MLM Attorney

    Georgia
    Office of Consumer Affairs

    Did Flexkom bother to register in the states that REQUIRE it? Can you provide us with this information?

    LIST OF BUSINESS OPPORTUNITY STATES
    Alaska, California,Connecticut, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Nebraska, New Hampshire, North Carolina, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Utah, Virginia, Washington, Wisconsin

    Twenty-six states have business opportunity laws. Most of these laws prohibit sales of business opportunities unless the seller gives potential purchasers a pre-sale disclosure document that has first been filed with a designated state agency.

    State business opportunity laws typically cover every imaginable type of business opportunity that might be offered. If a business opportunity seller is not required to provide pre-sale disclosures by the Franchise Rule, these disclosures will almost always be required by the laws of the states listed below.

    The disclosures required by state business opportunity laws differ, and usually provide more abbreviated information than the FTC’s Franchise and Business Opportunity Rule requires. However, most of these laws provide important rights and remedies for business opportunity investors, including required security bonds to cover investor losses.

    If you are considering purchasing a work-at-home or other business opportunity, and reside in a state with a business opportunity law, we encourage you to find out more about the protection provided by your state statute before you invest.

    Source: STATE BUSINESS OPPORTUNITY REGISTRATION 26 states given

    State Registrations. Several U.S. states require MLM registration. (We believe it is in our clients’ best interest to “courtesy” file in every single consumer protection department in this country. That way they can call me and talk rather than file a CIVIL DEMAND FOR INFORMATION which may work its way into the National Attorney’s Generals’ newsletter and may trigger some more filings just out of curiosity from other states.) We supply forms and fill them out and then we review and submit the same with our cover letter legal opinion. This is not an acceptance or approval format except in one state, but rather a notification format, which is absolutely by law. (Maryland)


    Business Opportunity Statutes. Twenty seven states have “business opportunity” statues which require separate and distinct registrations, bonds and that disclosure instruments be furnished to each prospective salesperson where a business opportunity is sold for more that threshold amount – (customarily $200 - $500 on an annualized basis depending on the state) unless an exemption from the law is found. Our services include exemption advice in each state and where and if necessary perfect in the registrations (at additional charges). Exemptions in the statutes can be found for nearly all multi level marketing companies.

    Source: D Jack Smith - Multi Level Marketing Attorney - Services

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  25. #666
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by Joe_Shmoe View Post
    Flexvom.... Flexvomit I like it Some typos are just so appropriate.
    LOL, that sure looked like a Freudian slip to me...!
    It seems like in this "industry" common sense is not all that common!

  26. Likes 1 Member(s) liked this post
  27. #667
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Actually I wanted to vomit from the same ole tired mantra from the Ponzi playbook. You'd think that after all these years they could come up with something better than the same ole, same ole red herrings. Nice catch though. LOL!
    EagleOne
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com

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  29. #668
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    It just so happens that The Las Vegas Sun newspaper is also located at the same corporate address as Flexkom USA. Perhaps someone better informed on Flexkom than I would like to give the paper a call. 702-385-3111 - Telephone

    2360 Corporate Circle Henderson NV

    Two phone calls made to the property manager and a registered agent at that address. I got conflicting stories as to whether Flexkom were just sharing space and using a registered agents' services or actual tenants so I can't say for sure. No doubt the newspaper would be able to find out:)

    Edit: Pretty sure they have their own rented space there. I still think the Las Vegas Sun might like to report on this wonderful opportunity that is being offered not only to Turks but to the USA - Since they're corporate neighbors and all.
    Last edited by Char; 03-03-2014 at 06:39 PM.

  30. #669
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Watsco, I know how it seems to you a big deal having some sort of "compliance" legal lawyers on your opportunity,.

    You are new to it, but we saw a lot of so called "opportunities" and even blatant ponzis hiding behind some kind of Legal Team.

    In most cases, those opportunities have zero legal review and just lying that they do.

    In some cases they just hire a law firm (or might have a buddy lawyer) to represent them when the need arrives,
    Great example is Jardine Law Firm who are representing criminal cases , and been used multiple times by JustBeenPaid, Profitclicking, ClickPaid, Connecting Us all, Elite Activity Resurrected and many other ponzi schemes ran by the same team of Utah's criminals :). Those criminals on their sites and in communications claimed credibility because they "have a law firm". That law firm only represented them on criminal charges and never ever dared to endorse or state the opinion on the sites or schemes they ran.

    Needles to say, most lawyers love a client with constant legal problems :$)

    Here is another example of a lawyer who really dared to state his opinion on a scheme
    ("there is nothing with respect to this website that could be considered "promoting a pyramid scheme" in any state of The Union")
    and what he had to pay for it later ("was suspended from the practice of law for "conduct involving dishonesty, fraud, deceit and misrepresentation")

    So before claiming any compliance or legal team behind your opportunity, i would recommend you to get down on it.
    a) Figure out which lawyer or legal firm represents your opportunity
    b) Which aspect of law they cover, criminal or business or MLM practices
    c) What exactly they state about your opportunity and being not afraid to sign their name under it.

    And there is always one clause which would let any lawyer to fly away from any responsibility, that is - "according to information being presented to me"
    The lawyer might well know it is a scam, or suspect it is a scam, he will only put his name under things the scammer claims/lies about how the money made, and even that not many would dare.

    Watsco, please elaborate more when you said that FlexKom was "approved" to do business. By whom ? What was approved ?
    Last edited by NikSam; 03-03-2014 at 07:08 PM.

  31. #670
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    My favourite is the one where the lawyer / MLM guru says:

    "Having reviewed THE BUSINESS MODEL thoroughly, I can find nothing indicating any illegal practices"

    Zeek Rewards and AdSurf Daily being perfect examples of how "the business model" had little or nothing to do with what was actually happening, something impossible to "prove" unless given complete access to the inner workings of the business under discussion.
    The only thing necessary for the triumph of evil is for good men to do nothing

  32. #671
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    meanwhile, this thread became the second most popular with 54k views

  33. #672
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    I may be completely wrong, but watsco strikes me as being a genuine "true believer," happy to parrot the stuff he's being fed from his upline and content to leave any critical thinking to others.
    The only thing necessary for the triumph of evil is for good men to do nothing

  34. #673
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    To potential new franchisees and the company you're keeping. Who are they? Not their first rodeo!

    Larry Skinner past director of business development at comF5.

    Google search:
    ComF5 community event Tickets at Red Rock Casino, Resort & Spa ...
    Discover Events, Shows & Things To Do in Scottsdale - Zvents › Las Vegas Events‎
    ComF5 community event - Your source for local events in Las Vegas, NV. ... 10: 00 - 10:10Am : Larry Skinner, MC 10:10 - 11:00Am : Casey Eberhart - Connect ...

    What is comF5?

    "According to a ComF5 review the company's head, Richard Kall, is set to take over the electronic communication industry with products that are all integrated with video-ready features. The target audience of ComF5 products are clients with big businesses and even small scale entrepreneurs that need to maintain good communication flow amongst all of its employees and/or members. Video emails, live broadcasting, podcasts and even text messaging are some of the platforms introduced in ComF5's long range of products. Everything is also customizable to fit the needs and nature of various business establishments. ComF5 is geared to create the ultimate all-in-one product, stashing in a multitude of features in their products to guarantee maximum functionality........The only thing you need to do is stay active and continue recruiting members. To register, enrollees are to pay $79-$199 dollars with a monthly fee of ranging from $49 to $199
    Article Source: http://EzineArticles.com/6344442"

    Who is Richard Kall and comF5 formerly vmdirect? VMDirect/merged over at scam.com with 17 pages.

    03-03-2009, 12:24 AM
    koikomoru
    Junior Member

    Join Date: Mar 2009
    Posts: 1

    Re: VMDirect/merged
    I used to work for this company when it was just a baby. And I am not talking about being an affiliate. I worked AT the base location. I was there for the merger and for the highest of highs for this company and I had such great respect for its potential. Until I saw how it was run from the inside. These people are absolutely off their rocker.

    I had a good relationship with Amy B. and many of the developers and the support staff. We knew our information from the inside out. But this company is known for it's layoffs. If something doesn't go well they fire their staff for no reason.

    The nightmare that it was working for this company has haunted me for years now. I am so glad to see this scam MLM fail.
    02-03-2007, 02:34 AM
    Passing Gas Passing Gas is online now
    Old, Bald Curmudgeon

    Join Date: Apr 2006
    Location: Texas
    Posts: 20 Passing Gas is an unknown quantity at this point
    Re: VMDirect/merged
    Where is the money going???

    Recently I posted on the other VMD thread (now closed) information about VMD's parent co. - Digital FX International - devaluing their stock by placing 1 million shares in a private placement at a substantial discount to the market. Guess what? Their stock dropped to that level. They've claimed since becoming public that they didn't need to raise capital, that they were self sustaining. Yet they found it necessary to seek out capital and pay a significant fee for it - a little over 7%. I've worked in the capital markets. That's a desperation fee, not a normal fee. So, why the money? Today they released this:

    http://biz.yahoo.com/e/070202/dfxn.ob8-k.html

    NOTE TO MODERATORS: It's a link to a regulatory filing with the SEC.

    The short version is that a fat ass chunk of the revenue is being diverted to Razor Stream - the "technology arm" - which is owned by Craig Ellins, Amy Black, and Richard Kall, the principals in DFXN, but owned separately. They are sucking the money out of the company through their private vehicle. The shareholders are getting screwed. The stock is now down to $3.00. It was around $7.00 when they raised the money they didn't need, 30 days ago.

    If you are in this pig (I was) GET OUT (I did). If you are thinking about getting in, DON'T.
    Larry Skinner Director of support at DigitalDX INT.

    From Linkedin:
    Larry Skinner's Overview

    Current
    Vice President of Product Support at FlexKom America Inc.
    Director of Product Support at MistBlue, LLC
    President at RightNow Solutions, LLC
    Past
    Director of Business Development at comF5™
    Director of Support at DigitalFX Int.
    Director of Sales (USA) at HEC Group USA

  35. #674
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Maybe it's just me but I'm really curious why FlexkomGAUSA stopped posting the moment UGA1 made his/her appearance here.Maybe either one of them would like to explain that.

  36. #675
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by watsco View Post
    This is how to interpret this statement. I am not interested in understanding how you do business. I only care about what I think in my own mind about FlexKom. I will express my opinion on very little understanding of FlexKom and then I will advice the readers about FlexKom and why it wont work or why it is a scam. But mind you I have actually not seen all the details of FlexKom and it's system. But I already know because it has to be just like every other company with levels.
    So you can't really answer the questions as you haven't been. Fair enough.

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