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Showing posts with label scott tomer. Show all posts
Showing posts with label scott tomer. Show all posts

Friday, August 21, 2009

More YTB Travel International Directors exit stage "LEFT"

Hot off the ytbtravelnews press it appears that two more of yourtravelbiz.com top Directors have come to the EDUCATED conclusion that in light of all the YTB sandals that being involved with yourtravelbiz.com is no longer worth the HEADACHE and have issued a statement of resignation to yourtravelbiz.com.

It appears that Floyd J. Williams and Spencer W. Iverson, JD a pair of yourtravelbiz.com TOP money earners and YTB's Circle of Champion Members are now calling it quits with YTB international,yourtravelbiz.com, The Company or whatever YTB
is now calling themselves these day and are hoping that the effectiveness of YTB, Yourtravelbiz.com, YTB International or whatever they are calling themselves these day "Bill of Rights" will hold TRUE.

In a statement prepared by King & Spalding, Atlanta, GA office; attachments
Christopher S. Prince, Counsel to YTB Founders, J. Lloyd “Coach” Tomer, Scott Tomer, Kim Sorenson, John Clagg and Andy Cauthen Mr. Williams and Mr. Iverson are denouncing their Directorships with yourtravelbiz.com effective immediately as issued from their attorney the statement reads as the following:

To: J. Lloyd “Coach” Tomer, Scott Tomer, Kim Sorenson, John Clagg and Andy Cauthen
From: Floyd J. Williams and Spencer W. Iverson, JD
Re: Termination of Directorship
August 14th, 2009

Coach, Scott and Kim,

Over the past few weeks, we have had to make probably one of the most difficult decisions of our professional lives. Effective as of Friday, August 14th, 2009, we, Floyd J. Williams and Spencer W. Iverson tender the termination of our Directorship in YTB International.

It really would serve no constructive purpose to enumerate the myriad of reasons why we have been forced to come to this decision after much prayer, conversations with our families and consultation. Our time spent with you, the founders of YTB, the incredible relationships that we have developed and maintain with the home office staff and the professional bond we have created with our former fellow Directors will never be forgotten. We thank you for an incredible experience.

We have proudly built one of the strongest, award-winning organizations in the company’s history and helped to cultivate many outstanding leaders. We have served as proud ambassadors for YTB both domestically and abroad. It is not our intention, in anyway, to disparage or speak ill of YTB’s founders and staff during or following our departure. It is not our intention to cause economic harm to a company that has so enlightened and enriched our lives. We trust that the same respect is reciprocated as we move on to other opportunities.

Pursuant to the Preamble of the YTB Bill of Rights which concludes;

“...YourTravelBiz.com, shall keep the promise to its Independent Marketing Representative of uninterrupted residual commissions.”

we trust that this is honored. The Bill of Rights further provides:

4. So long as they are commission qualified pursuant to the YourTravelBiz.com Compensation Plan, present and future Independent Marketing Representatives of YourTravelBiz.com shall be deemed to have fully and unconditionally earned all residual commissions upon the monthly revenues paid by RTAs established by themselves and by Independent Marketing Representatives in their commissionable downline, subject only to future monthly payments being made by the RTAs commissionable to them.

5. No present or future Independent Marketing Representative of YourTravelBiz.com may be divested of the foregoing right to receive residual commissions except upon the voluntary termination of their Independent Marketing Representative status, or their involuntary termination as a Independent Marketing Representative for cause and pursuant to the procedures of YourTravelBiz.com in connection with the involuntary termination of Independent Marketing Representative status for cause.

Thus, we are only terminating our positions as Directors and will maintain our IMR status. We are proud of the professional and ethical manner in which we have built our respective organizations and are confident that we have not “divested” ourselves of our rights to continue to receive our residual commissions. Further, we will not
personally sponsor anyone that we did not personally recruit into YTB. We again reiterate that it is our intention to maintain our status as TSO’s, paying our $49.95 monthly fee(s) for each of our currently active and existing sites.

Further, pursuant to the Preamble of the First Amendment of the of Bill of Rights which states in part:

WHEREAS, YourTravelBiz.com, Inc. is desirous of extending the protection of the Bill of Rights to include PowerTeam and Dream Team commissions, 50% commission match, bonuses and overrides pursuant to the YourTravelBiz.com Independent Marketing Representative Compensation Plan as published and in effect as of August 1, 2007.

And further provides;

4. So as long as they are commission qualified pursuant to the YourTravelBiz.com Compensation Plan, present and future Reps of YourTravelBiz.com shall be deemed to have fully and unconditionally earned PowerTeam and Dream Team commissions, 50% commission match, bonuses and overrides on the enrollment of new referring travel agents (RTAS) by them and Reps in their PowerTeam and Dream Team commissionable PowerTeam and Dream Team downlines, subject only to future RTA initial license purchases being made by RTAs.

5. No present or future Rep of YourTravelBiz.com may be divested of the foregoing right to receive PowerTeam and Dream Team commissions, 50% commission match, bonuses and overrides except upon the voluntary termination of their Rep status, or their involuntary termination as an Independent Marketing Representative for cause and pursuant to the procedures of YourTravelBiz.com in connection with the involuntary termination of an Rep status for cause.

Thus, we also anticipate the honoring of this First Amendment and the protections to “PowerTeam and Dream Team commissions, 50% commission match, bonuses and overrides...” it affords us by YTB and that no involuntary manipulation of our respective downlines, including, but not limited to, the removal, adjustment, transfer or placement of REPs, Associates, TSOs and/or RTAs into other organizations in our
uplines, downlines or other organizations not in our hierarchy.

We leave YTB with no fiscal indebtedness, only a debt of gratitude for the opportunity to further develop as leaders. We hope that YTB does, in fact, reach its goal of creating 10,000 millionaires
and becomes a major force in the marketplace for internet travel sales and retail distribution.

Again, thank you for the lasting memories and the journey to success.

Sincerely,

Floyd J. Williams

Spencer W. Iverson, JD

cc: King & Spalding, Atlanta, GA office; attachments
Christopher S. Prince, Counsel




other sources: MLMs and Travel.

For more information contact:
Daryl D. Alex
Regional Executive
Traverus Travel/Televerus Cell Phones
225-590-7700
1-800-781-3254
1-877-744-3431

Sunday, August 31, 2008

YTB International Inc. cuts 17 positions

YTB Travel News:(press release) Just two days after YTB Travel International Inc. laid off 25 employees from it's Wood River, Ill, headquarters; YTB Travel International Inc. Has now disclosed that they are now eliminating 17 positions which was revealed to The Telegraph through a e-mail statement



YTB International Inc. cut 17 positions at its Wood River, Ill, headquarters this week, according to a published report.

"YTB International Inc. eliminated 17 positions today (Wednesday), representing less than 5 percent of our work force, as part of a reorganization to reduce operating expenses and curtail redundancies," Tony Green, assistant to Chief Executive Scott Tomer, wrote in a statement e-mailed to The Telegraph. "This move places the company in an even better position to realize its goals and effectively manage its continued growth."

A request from the Business Journal requesting comment was not immediately returned.



For More Information Contact:

Daryl D. Alex
Regional Executive
Traverus Travel and TelVerus Cell Phones
1.800.781.3254
1.877.744.3431
225.590.7700

Wednesday, July 23, 2008

YTB Travel News- Comtemplating cancellation of RTA business model

YTB TRAVEL NEWS reports:
YTB Travel announces that YTB Travel is CONTEMPLATING the Cancellation of YTB Travel's Referring Travel Agent business model. To me and many other in the travel industry have been stating for the past year or so YTB Travel cannot survive in travel industry as an MLM. Could it be that Scott Tomer has finally determined that MLM and travel is indeed a very bad mix!

But, does Scott Tomer have the answer to the one question that will be on all of YTB Travels' RTA's lips, What about the millions and millions of dollars paid annually by the RTAs to YTB Travel? My guess is that this new YTB Travel "legitimate" company was indeed founded on the backs of the RTAs.

On July 15, 2008, Mr. Scott Tomer, Chief Executive Officer of YTB International, Inc. (the "Company"), announced that the Company is contemplating the replacement of its referring travel agent ("RTA") business model with the implementation of a franchise operating system, potentially in 2009. The Company expects that a franchising model, if adopted, would facilitate the Company's expansion into additional markets by providing more comprehensive training and a new proprietary e-commerce platform. Details regarding price, product offerings and the conversion plan are all under consideration, but the Company anticipates that its existing RTA base would be treated favorably under its forthcoming proposal. If a franchising model is adopted, its distribution is expected to be managed by subsidiary and current marketing arm of the Company, YourTravelBiz.com, also known as YTB.com.

The information in this report shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and shall not be incorporated by reference in any registration statement or other document filed under the Securities Act or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filings, except as shall be expressly set forth by specific reference in such a filing.



Well, if YTB Travel becomes a franchise it will be more than $500 and the RTAs will need to come up with some more cash. However, Scott Tomer may find it in his heart if he has one left and offer those RTA's a discount.

But, At this point the RTAs will now need to make an EDUCATED DECISION as to "IF" they indeed can or will be able to make money selling travel with YTB Travel and are they willing to put in the EXTRA cash required to draw their conclusion?

Moreover, YTB Travel has collected FEES to the amount of over $154 million in the past three years and to add INSULT to INJURIES YTB Travel "LEGALLY" owns all the names that the RTAs put into the system (by contract)

This wil be interesting to see what happens. Because, I'm sure YTB Travel RTAs didn't have this in mind when Kim Sorenson was legitimizing.

But, without the RTAs.... is there really a need for YTB Travel Reps?.

So, is YTB Travel on it's way to being one of the largest hosts/franchises in the travel industry? I think not!!!!

For more Information Contact:

Daryl D. Alex
Regional Executive
Traverus Travel And TeleVerus Cell Phones
1.877.744.3431
225.590.7700