From: | Faraday Hosseinipour <faradayh@gmail.com> |
Sent: | Saturday, September 20, 2014 10:01 AM |
To: | Rick Maike <rickmaike@yahoo.com>; compliance@g1e.com |
Cc: | Richard & Susan Anzalone <onenetpro@sbcglobal.net>; NOWtv Networks <susan@nowtv.tv> |
Subject: | Fwd: R.Bruce Deery IBO # 832163 and IBO # 833603 |
Here is my last email to the former legal counsel for Bidxcel and now G1E...Rick Maike really knows how to pick quality people... Not...---------- Forwarded message ----------
From: rbdeery@gmail.com <rbdeery@gmail.com>
Date: Fri, Sep 5, 2014 at 11:38 AM
Subject: R.Bruce Deery IBO # 832163 and IBO # 833603
To: Compliance G1E <compliance@g1e.com>Mr. Koerner,It has become obvious that you are completely avoiding me and have no intention of responding to my various emails...I can't say that I am surprised that I have not received a responseto my September 3rd email ormy email to you on August 20...oryour customer supportteam since neither you or theyhave not responded tomy 3 emailsbeginning on July 28..... Although I guess I am a little surprised since Faradaday Hosseinipour,Master Distributorsaid she would fully support my request for a full refund.....and indicated that G1E has refunded many Emperors and others that were way beyond the 30 Day refund window...For your convenience I am reproducing the content of my request to Customer support ,which after 3 emails they forwarded to you.."With all the recent changes, name change, mention of problems with banks because of the Casino, "no mention" of what has happened to SongstagramorI2G Casinoand "no explanation" of how***"Velocity.com"and***"VelocitySportsBook"fit into the picture. I am getting very nervous and reluctant to expend any moretime,money orenergy until these issues are clarified... In addition, I just did some quick math that concerns me : it has been mentioned that the company has done $45 million in volume.... 5,000 Emperors time $5,000 equals $25 million... a number of people have told me there are approx, 90,000 reps...assuming an average of $50 per month in fees per rep, that equals $4,500,000 per month...times say 6 months for sake of discussion equals another $27million... or $52 million total...whichleadsto ask how much revenue is being derived from the Online Casino,Online Gaming,I2G Touch and Songstagram.... and that leads me to wonder how much Residual income is really achievable.... I/we need some real transparent, full disclosure ( not generalities) as to what is going on."I stand corrected on my reference to there being 90,000 reps...Faraday corrected me and indicated that there are approximately 18,000... So, in a nutshell I recalculated ( estimated ) joining fees from 5,000 EmperorsplusNovices, Players and High Rollers...plus estimated monthly fees and and come up with an estimate of $37,000,000 in gross revenue...Faraday indicated that gross revenue to date to be around $40,000,000....which means that was " maybe"$3,000.000 from the I2g Casino and Songstagram( which is doubtful as Faraday indicated that were only about 1,000 downloads on Songstagram...(( which no longer exist and not even mentioned in the new corporate 12 minute video... So, on the surface it appears that the company is paying commissions out of joining and monthly fees versus profit from product purchases..the very definition for a Ponzi Schemein a recent Google Hangout my sponsor,Faradayindicated that " nothing has Changed" This is just NOT true evidenced by the following :* Name changed from I2G/Infinity to Global to G1E/Global 1 Entertainment.... ( the reason as it was explained to me is that the banks did not likethe companybeing involved with an Online Casino which is not legal in the USA except for 3 states and the regulators were not comfortable with the $5,000 joining fee/investment for Emperors.....suggesting that it was an unlicensed security )*The$5,000.00Emperor position was eliminated* The "joining fees"have more than doubled...actually from $100 to $249.95 and from $400 to $749.95 and from $600 to $1499.95*The Compensation Plan has changed*The I2G Casino *no longer exists, at least publicly, which was the main"Flagship" product-recruiting carrot/attractionand incentive to join I2Gbecause of the Implied potential residual income* There isNo mention of the Casino on the corporate video* Songstagram was dropped and its implied potential residual income* There is no mention of Songstagram in the corporate video* There have been implications of a new casino product(Velocity Casino.com)and music product,but nothing specific...only hints that there would be some new product announcement at the Las Vegas Convention over Labor Day week end..and there was nothing mentioned....Note: the company has requested that no IBO mention anything about a Casino. However in Google Hangout trainings the facilitator( Faraday Hossenipour )suggestedthat it is OK to mention"discreetly"that it is going strong in 200 countries and that Emperors are still receiving 50% of the profits.. in other words we have been coached to keep the existence of the Casino under the radar so as to keep the banks and regulators unaware of its continuing existence..Though there is No mention of it in the corporate video or The Product drop down menu.Not exactly cricket. Not sure the Regulators and Attorney Generals would approve of this tactic. (And you might be interested to watch Faraday and Dave Manning's Google Hangout Coaching session where they coached their team to use the same "Bait and Switch" tactics to recruit for i2g/G1E that they used for 10 years in the Timeshare Industry...
* There have been promises for months that the company would be providing marketing tools but Nothing has been provided.In fact the the so-called Back Office for Reps is an embarrassment..no capture pages, no auto responder,no banner ads, no suggested ad copy, virtually nothing...it is Bare Bones at the Best... So I can't help but wonder what am I actually getting for my $75.00 monthly fee,particularly in view of the fact that the 2 Flagship products have been eliminated along with the potential residual income....* And this isReally aGood One....the all new G1E Compliance Policy"We do not permit the use of any of our company or company-related trademarks, trade names or copyrighted material in any public forum (whether promoting the company or trying to sell your spot). That would include the Internet, social media, video channels and any other forum directed at the general public.Anything that can be searched for, found or accessed by the general public must be completely generic (and otherwise in compliance with applicable rules or laws) with no references to the company. When someone requests more information, such as by filling out a contact form or sending you an e-mail, then you can contact them about G1E or direct them to company-produced tools such as the video and other material available on your replicated website."I have been in the MLM/Network Marketing business for 30 years and have never EVER been restricted from mentioning the name of the company that I have been promoting.... the new policy it tantamount to tying our hands behind our back..What is the company afraid of ?In summary, G1E/Global 1 Entertainment is not even remotely similar to the company that I joined/invested in.to makeThe potential for residual income has largely been stripped from the program,and the only waymoney is by recruiting... the New G1E Touch is simply a social mediaplatformwith no income opportunity attached. And the New Gaming Platform ( Boardwalk ) will never ever be competitive with Facebook.In short,G1E/Global 1 Entertainment,once again is not even remotely close to being the company that I joined in May... as it is presently comprised I would have never joined !In view of the above and moreI am requesting a full refund of the 2 (two) High Roller positions that I purchased,plus any monthly fees that I have paid to the company to date...you can send it to my Paypal account @ rbdeeryIf I do not receive a full Refund within 14 days fromthe date of this email,you can expect me to share a very comprehensive report with the following :* the Kentucky Attorney General* all of the Attorney Generals in the United States( Readily available Online )* The Kentucky BBB* The Federal Trade Association*The DSA/Direct Sellers Association* http://www.mlm-thewholetruth.com~ Lou Abbott* http://pyramidschemealert.org~ Robert FitzPatrick* http://mlmhelpdesk.com~ Troy Dooly* http://behindmlm.com ~ Oz* http://i2gfullrefund.com ~ Chuck KingI am truly sorry that it has come to this... However your Company's refusal to answer my emails and requests for answersleaves me to choice but to be proactive in obtaining a Full Refund..cc: Merrit,Webb,Wilson & Caruso, PLLCAngela LeonardRick Maike
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