Breaking MLM Wireless News: Latest Global Verge info from the Monday Night Triple Diamond Call!
Special Update… August 5th Triple Diamond Call CANCELED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I really thought this saga was just about finished, but between the emails, phone calls, and internet info flying like crazy this is is the MLM monster that just doesn’t die…
First let’s look at what Steve Lewis brought up about his and Teresa Curtis’s former companies Home BIz Tax Pro, HBO Prosperity, and HBO Tax Academy. According to the audio below, Steve Lewis stated that HBO Tax Academy folded because he had a heart attack. Now, his heart attack could very well be true. Since medical records are not public record Steve knows we can’t check those.
However, there is one thing we can all agree on. Based on Steve Lewis’s own words “he is a bubba” and Tersae Runs his operations.” So if he did have a Heart Attack, it would not have anything to do with the success or failure of this business.
Here are questions which should be asked.
1. What is the case number against Laure Knight?
2. Why weren’t distributors paid their earned commissions?
3. Why did Laura Knight File a Restraining Order against Teresa Curtis, fearing for her life?
4. Why hasn’t Cindy Bodwin been paid back?
I talked to Cindy Bodwin on the phone to get her permission before we published her version of this situation. This audio has been edited to share only Cindy’s answers.
Ok, now let’s take a look at some of the other items on this situation.
The websites mentioned above.
Here is the scam buster site that was put up when Steve Lewis & Teresa Curtis were hurting folks.
The HBO Tax Academy Scam
Here are copies of the extension to the original restraining order.
Now for those who may be asking “what does this have to do with Global Verge?” It shows a track record of purported abuse of both distributors and employees and raises more questions than answers.
Ok, now let’s look at changes made on the Corporate records as of 7/29/09 (Now I also think it would be good to realize that when this company was incorporated it incorporated as just a “Shell Corp” with no capital. Initial Stock Value: No Par Value Total Authorized Capital: $ 0.00)
The reason that is important, is because the only way to raise capital is with investors, getting folks to join so you can fund the corporation with the fees you pay in.
Plus it’s kind of hard to yell “I’ve been scammed”, when the reality is, you joined a membership benefits company and are paying a monthly fee for those benefits.
It’s not like you were joining Buzzirk to sell their cell phone and sim chips. All you are doing is joining a marketing company to use the benefits and sell them to other.
On Monday night’s call Steve Lewis was not introduced as the interim CEO nor was Teresa Lewis introduced as CFO. Now that may be due to the changes made on July 29, 2009 and available for review at the Sec. of State Nevada.
What you will find is Ted Robbins is back as President of Global Verge. The interesting this is Warren Hanchey is the new Treasurer, which I do find interesting since Teresa Curtis has been called the CFO. Normal business practices is to have your CFO act as Treasurer.
This brings up the following questions.
1. Who really owns Global Verge?
2. Who is really running Global Verge?
3. What is the agreement between Buzzirk & Global Verge?
4. Who owns Buzzirk?
5. Does Zer01 have agreements with Buzzirk or Global Verge?
3. Has Mark Petshcel stepped down from Buzzirk Mobile?
4. Why does Steve Lewis & Teresa Curtis have the keys to the vault, and control commissions, while they hold top positions in the field?
OK, let’s look at the Offshore Credit Card charges. Lewis gave the following as the excuse for needing to take the money outside the USA.
One of the saddest things about his response is the fact he had no clue who was asking the question. I personally know the Triple Diamond who asked this question, and he has an extensive business background, and fully understands merchant accounts.
The excuse Steve Lewis and Teresa Curtis gave is 100% wrong. Legitimate, well capitalized network marketing companies are not looked upon as scams, and slime. As a matter of fact in the last 60-days alone several new MLM’s have launched, with the backing of several different well know financial institutions.
Now in this recording when a Triple Diamond Leader asks a question about declined charges Steve Lewis once again throws the blame onto the field once again. I find this very strange for a man who states publicly “I have a distributors heart!”
Now, listen to this audio and you will see why using an offshore credit card processor is not “Best Practices” and is known as the M.O (method of operation) for scam operations.
Now here are some questions which need answers.
1. Why can’t Global Verge get domestic merchant accounts?
2. Who’s money is really funding Global verge, the distributors?
I have received a boatload of questions on commissions so let’s take a look at that issue.
Now this is where Rick Presley asks Steve a very straightforward question and instead of really listening to one of his Triple Diamonds, and a MLM Leader, he talks down to him.
So, this brings up some up some great questions.
1. How can you run commissions when ranks aren’t right, nor have credit cards been run correctly?
2. How can the commission software from a top company like Xennsoft who’s software handles companies the size of MonaVie be the issue?
3. Who stands to gain if the commission run is completed before everything is fixed?
I know Steve Lewis and Teresa Curtis keep asking for time, like this is a pre-launch company with bugs in it. However, this is a three year old company which as remade itself at least twice. Each time getting more and more money from the field, then crashing.
So, ask yourself, is this legit or is this an MLM scam!
I have held on hope over the last few weeks, that Global Verge, Buzzirk and Zer01 would get their act together. I was hoping I was missing something and all the dots would not be connected.
Sadly, I can’t say that any more. When the dots were connected, it just does not add up as a legitimate MLM business.
Here is the complete call. Now this call starts about three minutes before the call, so ther eis a little dead space.
Never Give Up,