What is Different about Traverus And TeleVerus Cell Phones


Showing posts with label televerus cell phones. Show all posts
Showing posts with label televerus cell phones. 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

Wednesday, May 20, 2009

YTB's Survival questioned after a net loss of $1.9 million

YTB International reported a net loss from operations for the first quarter of 2009 of $1.9 million. In its first-quarter report to the Securities and Exchange Commission (SEC), YTB said that negative current economic conditions and other factors have led to a fall off in the number of active Travel Site Owners (TSOs) in YTB. Net revenues totaled $21.8 million in the first quarter of 2009 compared to $42.7 million in the first quarter of 2008.

YTB said the number of active TSOs has declined during the quarter ending March 31 by a net loss of 18,582 to 73,801 active TSOs from the 92,383 reported as of December 31, 2008. TSOs were formerly known as Referring Travel Agents (RTAs), most of whom work from their homes.

The Company is also defending against two cases challenging the legality of its network marketing program," YTB said in its report to the SEC. "Litigation claims can be expensive and time consuming to bring and defend against and could result in settlements or damages that could significantly affect financial results.

The Company’s loss from operations, declining active TSO count, working capital deficiency, uncertainties surrounding the Company’s pending litigation, and the general downturn in the economy raise substantial doubt about the Company’s ability to continue as a going concern,” the report continued.

YTB said it had taken action to ensure that the company will survive, including a consultant to provide recommendations to the Board on cost structure, compliance and other matters to improve overall profitability.


For more information contact:

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

Sunday, May 17, 2009

$1 MILLION Fine handed out to YTB

YTB Travel News: As reported by Elizabet Donald:WOOD RIVER -- Illinois has filed a lawsuit against the YourTravelBiz company and California has leveled a $1 million fine against it.

The company and its officers face litigation from Illinois Attorney General Lisa Madigan, according to spokesman Natalie Bauer.

Jonathan Quinn, an attorney for YourTravelBiz, said the company does not have a comment at this time on the Illinois complaint. "We have not been formally served, and when we are we will review the complaint and be in a position to comment," he said.

According to the Illinois complaint filed against YTB on Thursday, the company charged its clients a $450 initial fee plus $50 a month to purchase a travel Web site. The suit alleges that the company misled their clients as to the commissions they received, that advertising showed there was no cost to join. Calling it a pyramid scheme, the complaint alleges that the real money came from referring others to join YTB instead of the travel sales themselves.

According to the suit, the average representative earned about $114 a year, while executives made millions. Madigan alleges that the company violated the Consumer Fraud Act and Uniform Deceptive Trade Practices Act.

This comes after California's lawsuit against the company was settled for a $1 million fine on Thursday.

Also, the company faces a federal class-action lawsuit from former customers.

The class-action suit, filed last year on behalf of more than 1,000 people who participated in the YTB system, seeks more than $100 million in damages.

For more information contact:

Daryl D. Alex
Regional Executive
Traverus Travel and Televerus Cell Phones
1-800-781-3254
1-877-744-3431
225-590-7700

Saturday, January 31, 2009

YTB starts the year off on the WRONG foot again

YTBTRAVELNEWS(press release): It has come to my attention that YTB Travel Inc.,"The Company", Yourtravelbiz.com or whatever entity that this travel company goes by these day has ones again been drop by another cruise line vendor that makes it what.... it's third(Royal Caribbean, Celebrity and Azamara ) one in the past few years.


Happy New Years YTB Travel Inc. However, your services are know longer needed. It has been reported that Norwegian Cruise Line or NCL has made an EDUCATED DECISION to cut it's ties with YTB Travel Company Inc.,"The Company" or Yourtravelbiz.com.


For More Information Contact:
Daryl D. Alex
Regional Executive
Traverus Travel and TeleVerus Cell Phones
1.877.744.3431
225.590.7700

Monday, November 17, 2008

YTB sells administrative offices?

YTB Travel News: Sources states that YTB Travel International is selling their admininstrative offices. Somehow I knew that it wouldn't be long before this would be happening after the lay off of their adminstrative staff a few months ago. And just like than YTB Travel continues to say that there's nothing wrong. Here is information that has be noted on MLM'S And Travel site that has made this fact known to all.
We need to wait a few more days for the YTB Travel International or yourtravelbiz.com 10-Q filing, but it appears that they need to raise some cash. According to this 8-K filing, YTB is selling its property at 1 Country Club View in Edwardsville, IL. The property is being sold to Prestige Management Services, LLC for $1.5 million. This is the same property that YTB Travel International acquired a little more than a year ago, and according to this 8-K filing paid $1.85 million for.

The current sale is not only for the building and land, but also "All office equipment to remain with building to include: Cubicles, Chairs, Desk, Tables, Break Room Equipment. Sellers may leave or take Phone system." Computers and Computer Systems are excluded. Further, the buyer has taken an option to purchase 600 Country Club View at any time within 12 months of the closing of this sale.

This means that YTB Travel International is losing $350,000 on the sale, plus the cost of the equipment and furniture, plus the costs of acquisition and sale.

Why would they be doing this? The obvious speculation is that "The Company" is bleeding financially, and needs to raise cash
.

For More Information Contact:

Daryl D. Alex
Regional Executive
Traverus Travel and TeleVerus Cell Phones
225-590-7700
1-877-744-3431

Saturday, October 25, 2008

YTB Travel International changes "RTA" Commissions

YTB Travel News: (press release) EXTRA!!! EXTRA!! read all about it YTB Travel International announces that YTB Travel International agents will now receive 70% as it has eliminated the 10% override bonus!!!!
However, YTB Travel International fail to inform their Travel agents or should I say RTA's about all the hoops that they will have to jump through. Let us take a look at these HOOPS.




For More Information Contact:

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

Friday, October 17, 2008

Types of pyramid schemes AND how YTB uses it

A pyramid scheme is a means of transferring money from duped investors at the bottom of a pyramid to those at the top, who initiate the recruitment of an endless chain or pyramid of participants. Pyramid promoters promise substantial income to those who “work the system,” but it is considered by law enforcement in most jurisdictions in the U.S. to be an unfair and deceptive practice because of the mathematical certainty that approximately 90% or more will always be in a losing position at the bottom – whether it collapses on its own, is shut down by authorities, evolves into another program, or moves on to another area.
While it is true that in most legitimate businesses, entrepreneurs lose money or eventually quit the business, the odds of failure are not guaranteed. Success is dependent on market forces and skill and the amount of time, money, and effort invested in the enterprise. However, in an illegal pyramid scheme, the more one invests in the enterprise, the more one loses – with the notable exception of those at the top of the pyramid, which are usually the first ones who entered into a given market. Success is dependent on time of entry and/or on willingness to aggressively recruit and deceive a downline of participants into believing the program is a legitimate enterprise.
Pyramid schemes come in many forms and with many disguises, including:

1. NAKED, NO-PRODUCT PYRAMID SCHEMES

Participants buy into the scheme and move up four or five levels towards the top by recruiting others, who must do the same. The top person pockets all the money and then the next ones in line move up. The originator may move on to start another pyramid. Since no products are offered, these are easy to detect and are often shut down rather quickly by authorities. Losses are usually no more than a few hundred or a few thousand dollars and aggregate harm is minimal, so they seldom attract much attention by law enforcement or by the media. Included in this category are pyramid games, such as the “airplane game,” or pyramid parties, such as the “dinner party,” etc.

2. GIFTING OR AFFINITY SCHEMES

These are essentially no-product pyramid schemes, but they are disguised as gifts given voluntarily in order to enter the pyramid. Promoters claim they are empowering women or churches or some other group of people striving to gain financial advantage. They do not fool most officials in law enforcement, and the media and the public often unite to support law enforcement in shutting them down. They have been successful in some states for brief periods of time, but seldom gain wide support. Aggregate losses to society are minimal.

3. REPORT CHAINS AND OTHER INEXPENSIVE PYRAMID SCHEMES PROMOTED OVER THE INTERNET

These involve spamming the Internet with offers to participate in an endless chain of useful “reports,” which are usually readily available information that has been photocopied and added to the chain, much like a chain letter. The cost to participate is very small – usually under $20. While they are hard to control in a medium as unregulated as the Internet, actual financial losses are almost trivial. The real harm is their tendency to hog valuable computer space and time. Internet matrices are also pyramid schemes that cause more irritation to serious web surfers than actual financial harm to participants.

4. PRODUCT-BASED PYRAMID SCHEMES

These are the pyramid schemes of choice for at least 90% of promoters of schemes designed to enrich a few at the expense of a multitude of downline investors. Recruits are deceived into buying “potions and lotions” with claims of magical properties and powers – and promises of huge income for sharing these dandy items with friends and neighbors. Promoters exploit the dreams and social capital of participants, who almost never file complaints with authorities when they come up empty – which happens to approximately 99.9% of them. Because participants don’t complain (for reasons I will explain another time), law enforcement seldom does anything to contain them. These programs go by such terms as “multi-level marketing” (MLM), “network marketing,” “consumer direct marketing,” etc.
Product-based pyramid schemes recruit aggressively until de facto saturation makes recruiting difficult in a given market, moving on to other markets or starting new “divisions,” thus maintaining themselves in a continuously revolving door of new recruits, each of whom buys or subscribes to products to get in on this “ground floor opportunity.” In order to succeed, one must first be deceived, then maintain a high level of deception, and finally go about aggressively deceiving others.

Aggregate losses to society from product-based pyramid schemes total tens of billions of dollars every year and affect millions of victims world-wide. Approximately 99.9% of participants lose money – far higher than for no-product pyramid schemes. Most recruits participate on a modest scale, buying a few products and then quitting. Harm to more serious participants ranges from a few hundred dollars to loss of one’s life savings, career, or worse – breakup of families, even depression and/or suicide. The ones who get hurt the most are individuals who most enthusiastically embrace the promises and deceptions of the promoters and put their savings, credit, and whole heart and soul into this bogus “business opportunity of a lifetime.” If you had read the thousands of letters we have received from victims world-wide, you would not see MLM as a harmless home business – and certainly not a profitable one.


For More Information Contact:

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

Thursday, October 9, 2008

Member of Senate has tries to YTB Travel International Inc.

YTB Travel News:(press release) In an Exclusive WINK News investigation has uncovered that Burt Saunders a Florida State Senator , who is currently running for U.S. Congress has been paid in the past by "the company" (yourtravelbiz.com) to be its director and has received money as a consultant for "the company". Financial documents show that he had received $16,000 dollars in 2007 from the company, no word yet on whether or not he has been paid for any services this year.

Currently YTB Travel International Inc. is facing two class action suits each asking for over $100 million dollars, with California asking for restitution for victims in that state. California’s Attorney General even went so far as to call YTB Travel International Inc. a pyramid scheme.

In this day and age, when each and every politician’s life are being looked into so deeply, this could have serious repercussions for Saunders if YTB Travel International Inc. is found to have operated an illegal pyramid scheme. I would not be surprised if Saunders is the next in line to step down from the board at YTB Travel International Inc. (yourtravelbiz.com)

For Information Contact:

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

Saturday, October 4, 2008

YTB Travel International sell 4 million in stock???

YTB Travel News: (Press Release) YTB Travel dumps 4 million dollars worth of stock this time. As first reported by Notravelmlms site.

Michael Brent, who is a 10%+ owner of YTB Travel International, Inc. or yourtravelbiz.com or "the Company" has apparently seen the writing on the wall and is looking to sell up to 4 million shares of YTB Travel International, Inc.


On September 30, 2008, Michael Brent and Beth Brent entered into a Rule 10b5-1 Sales Plan ("Sales Plan") to be administered by Gilford Securities, Incorporated. Michael Brent is a ten percent shareholder of YTB International, Inc.(the "Company") and is the Chief Executive Officer of REZconnect Technologies, Inc., a wholly owned subsidiary of the Company.

During the one year term of the Sales Plan, the Sales Plan provides that Gilford Securities, Incorporated will sell under Rule 144 up to a maximum of four million shares of Class A Common Stock of the Company held by Mr. and Mrs. Brent, subject to the price and volume restrictions stated in the Sales Plan.

However, according to this Rule 10b5-1 of the SEC, people that are privy to non public insider information are prohibited from selling stock. This should prove to be a problem for Cauthen, Clagg, Scott Tomer, Coach Tomer and Kim Sorensen as they all have sold securities when the California Attorney General Investigation was ongoing and not disclosed. This will also be yet another problem for Brent, based solely on "if" that information was disclosed to him as well.

Nevertheless, there is a way out when someone is looking to minimize the risk. Especially, "if" a trustee handles the sales of securities at a predetermined schedule or per a predetermined Canaccord-Adams' formula. You can read about the details of the plan here.

Now, according to Canaccord-Adams:

A large number of corporate executives are using 10b5-1 plans to turn their risks into rewards with respect to trading company stock. Rule 10b5-1 plans allow corporate insiders to preclude trading liability and more easily access their personal wealth held in stock.

It seems that Michael Brent who by the way has already sold over a million shares in the last year, should be a little concerned that because of what he knows as an insider, he may be guilty of violating insider trading rules. Moreover, he must feel that selling YTB Travel ie the company, yourtravelbiz.com stock is a personal risk.


Does this represent the beginning of the end? I guess that time will tell

For More Information Contact:

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

Wednesday, October 1, 2008

YTB Travel International Inc. Travel Agency or Travel SCAM ?

YTB Travel International Inc. problems have widened the gap between the learning and earning curves of becoming a REAL certified travel agent alone with the learning and earning to become a REAL marketeer. YTB Travel International Inc. has some success at marketing travel But, at the expense of it's very own YTB Travel International agents and other associates, who are frustrated with YTB Travel International Inc. attractive opportunity, but, YTB Travel International Inc. unrealistic goals.

There's something very wrong and the growing list of YTB Travel International Inc. problems has caught the attention of not only The Attorney General of California but, also that of IATA. YTB Travel International Inc. complaints has made The Travel industry punch drunkend, And has many people who are seeking their fortune to enhance the quality of their life with the aide of this lucrative Travel Industry have been left asking questions as to how or will they ever get a head with YTB Travel International.

As a result of the many YTB travel International Inc. lawsuits, it appears that the travel industry may have to take a different approach or at least the suppliers and vendors of travel will have to. YTB Travel International Inc. problems are just the beginning. YTB Travel International Inc. illegal marketed marketeers. YTB Travel International Inc. lawsuits have now convinced the suppliers and vendors to cancel its ties. YTB Travel International Inc. has been revoked from IATA.

Avoid the circus of YTB Travel International Inc. problems and learn to become a REAL Travel Agent, get paid to help others learn about becoming travel agents and earn high commissions and residual income as well.



For More Information Contact:

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

Friday, September 19, 2008

YTB Travel International, Inc. stock downgraded by the street.com

YTB Travel News(press release):
Each business day, TheStreet.com Ratings updates its ratings on the stocks it covers. The proprietary ratings model projects a
stock's total return potential over a 12-month period, including both price appreciation and dividends. Buy, hold or sell ratings
designate how the Ratings group expects these stocks to perform against a general benchmark of the equities market and
interest rates.
While the ratings model is quantitative, it uses both subjective and objective elements. For instance, subjective elements include
expected equities market returns, future interest rates, implied industry outlook and company earnings forecasts. Objective
elements include volatility of past operating revenue, financial strength and company cash flows.
However, the rating does not incorporate all of the factors that can alter a stock's performance. For example, it doesn't always
factor in recent corporate or industry events that could affect the stock price, nor does it include recent technology developments
and competitive dynamics that may affect the company.
For those reasons, we believe a rating alone cannot tell the whole story, and that it should be part of an investor's overall
research.



Ticker Company Name Change New Rating Former Rating
BAM BROOKFIELD ASSET MANAGEMENT Downgrade Hold Buy
CHEV CHEVIOT FINANCIAL CORP Upgrade Hold Sell
COBT C2 GLOBAL TECHNOLOGIES INC Upgrade Hold Sell
DEWY DEWEY ELECTRONICS CORP Upgrade Hold Sell
FSS FEDERAL SIGNAL CORP Upgrade Buy Hold
GCI GANNETT CO Downgrade Sell Hold
HLX HELIX ENERGY SOLUTIONS GROUP Downgrade Hold Buy
HTH HILLTOP HOLDINGS INC Downgrade Sell Hold
MNRO MONRO MUFFLER BRAKE INC Upgrade Buy Hold
NPSP NPS PHARMACEUTICALS INC Upgrade Hold Sell
NWSB NORTHWEST BANCORP INC Upgrade Buy Hold
ORBC ORBCOMM INC Downgrade Sell Hold
PDGI PHARMANET DEVELOPMNT GRP INC Upgrade Hold Sell
ROCK GIBRALTAR INDUSTRIES INC Upgrade Buy Hold
SPRD SPREADTRUM COMMUNICATNS -ADR Initiated Sell
TIN TEMPLE-INLAND INC Upgrade Hold Sell
TTGT TECHTARGET INC Initiated Sell
UDRL UNION DRILLING INC Downgrade Hold Buy
UFI UNIFI INC Upgrade Hold Sell
VAL VALSPAR CORP Upgrade Buy Hold
WPL STEWART (W P) & CO LTD Downgrade Sell Hold
WSFS WSFS FINANCIAL CORP Upgrade Buy Hold
WYNN WYNN RESORTS LTD Upgrade Buy Hold
YTBLA YTB INTERNATIONAL INC Downgrade Sell Hold

For More Information Contact:

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

Saturday, September 6, 2008

YTB The Robbing Hood Of Travel

How many of you remember the legend of "Robin Hood"? who took from the rich and gave to the poor and the less fortunate; Now for those of you that do we have our very own 20th century legend However, this legend is spelled a little differently then
we are accustom to and his policy are all together different then that of the old "Robin Hood" is known as "The ROBBING Hood of Travel" and is the owner of YTB Travel International Inc. or more commonly know as yourtravelbiz.com. Who sells false hopes and dreams of wealth and luxurious cars and houses all for a $450.00 start up fee and a $50.00 monthly maintenance fee. However, Some, like California Attorney General Jerry Brown, say the whole thing's a scam that recruits thousands of members with deceptive claims. The only people reaching their dreams, they say, are a handful at the very top, while most get nothing. But YTB's legion of supporters say that's just not the case. They argue that the YTB complaints come from ex-agents who thought success would be handed to them, and that YTB Travel International Inc. is rigorously aboveboard. Whoever's right, there's no denying that YTB Travel International Inc. has tapped into something powerful, and has ridden it to become one of the fastest-growing small companies in the St. Louis region.

Along the way, the Tomers prospered. Scott Tomer and Sorensen each earned $2.3 million in cash, benefits and stock last year, according to filings with the Securities and Exchange Commission. Lloyd Tomer earned $3.5 million. Top salespeople made out well, too: A couple earned more than the top execs last year, and 11 sales directors topped $800,000, according to the company's publicly available income disclosure statement. Dozens more earned six figures.

But beneath them, the vast majority earned little.

YTB's 45,000 entry-level sales reps — the people who sell new travel agencies — on average earned $90.32 last year. And of the more than 200,000 people who paid the company as much as $1,000 to run a travel website in 2007, nearly 125,000 didn't earn a penny in commissions, according to Brown's lawsuit. Half of the rest earned less than $39. And while YTB took in $103 million last year from selling and maintaining websites, it paid out just $13.4 million in commissions for selling travel.

Those numbers led to grumbling that YTB is little more than a pyramid scheme, a shell game designed to enrich a few on the backs of many. Those grumbles grew for months, and then burst open with Brown's lawsuit, followed by news of an investigation by Illinois Attorney General Lisa Madigan and two class-action lawsuits filed in federal court in East St. Louis.

For More Information Contact:

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

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

Thursday, August 28, 2008

YTB Travel International Inc. Laid-off 25 employees?

YTB Travel News(Press Release): After doing a little private investigative work YTB Travel News has uncovered some very disappointing news
as reported by Cynthia Ellis of The Telegraph; YTB Travel International Inc. has began to lay-off some of it's employees from it's corporate
headquarters as of Wednesday August 27, 2008. However, the following story can
give us better insight as to "WHY" these alarming steps were taken:


By CYNTHIA M. ELLIS
The Telegraph

WOOD RIVER - YTB International Inc. reportedly terminated the employment of 25 people from its corporate headquarters on Wednesday.

A laid-off employee, who asked to remain anonymous, said that he and two dozen others were told their positions were being eliminated due to the "current economic environment in the United States," and that the company's management "regret this necessary decision."

The man said company officials knew Tuesday that positions would be eliminated, because they scheduled meetings with the employees Wednesday to inform them about the situation.

"I was told by my manager there would be a meeting, and I had no idea what it was about," he said. "I didn't know if I had done something wrong. I was stressing all night."

The man said that ever since the California Attorney General's Office filed a lawsuit against YTB Travel International Inc. in early August that claimed the company was operating a "gigantic pyramid scheme," company officials have been telling employees that "everything is fine."

"I don't think it's fine," he said.

Legal action was taken against YourTravelBiz.com, a subsidiary of YTB International Inc., for allegedly recruiting tens of thousands of people with deceptive claims that they could earn huge sums of money through its online travel agencies.

So far, the lawsuit is the toughest one filed against the company since it started operations seven years ago. YTB Travel International Inc. runs Web sites for referring travel agents, online agencies that sell flights, cruises and vacation packages and earn a commission.

Since the filing of the California suit, a class action lawsuit has been filed in federal court in East St. Louis and a third in Madison County Circuit Court. A judge has scheduled a hearing for Sept. 2 in the circuit court case filed in Edwardsville by Terry and Teresa Braswell, in which the couple claim that YTB Travel International Inc. Chairman J. Lloyd "Coach" Tomer "repudiated" a contract with the couple that called for them to receive about $10,000 per month.

The company has defended itself against the legal actions.

"As a matter of policy, we do not comment on pending litigation. However, we can tell you that YTB Travel International Inc. believes the allegations we've heard are without merit, and we will vigorously defend ourselves," YTB Travel International Inc. Chief Executive Officer Scott Tomer said recently in a prepared statement.

Tomer said the company is proud of its business model and how the operations are conducted in an ethical and transparent way by management. Last month, the company announced that it was contemplating the replacement of its referring travel agent business model with a franchise operating system, to start in 2009. The model, if adopted, would be similar to other franchise businesses; however, details about the plan still are in the works.

YTB Travel International Inc. officials did not respond to an e-mail sent by The Telegraph, asking questions about its layoffs or whether any legal actions have had a financial impact on the company.

During the past several years, YTB Travel International Inc. has grown significantly; last year, it was ranked 26th in a survey conducted by Travel Weekly magazine, selling $414.5 million. Reports show that nearly three-quarters of its revenue came from selling new agencies rather than from actual travel sales.

YTB Travel International Inc. employs between 300 and 350 people at its headquarters at 1901 E. Edwardsville Road, where it is spending $25 million to expand the facility it purchased more than two years ago.

Wood River Mayor Fred Ufert said he hates to see employees lose their jobs. He said the layoffs would hurt the city economically, as well.

"Some of the employees live in the city," Ufert said. "It's a bad thing for everyone. We can only hope they will get through it."

The former YTB Travel International employee said the situation is upsetting, but he has come to the conclusion that he doesn't need to be working for a company that cannot be honest with its employees. He said it is likely that more positions will be terminated.

"We could clearly see something was going but were assured everything was OK," he said. "Does it seem OK if they are letting people go?"


In closing, YTB Travel International Inc. doesn't appear to be as recession proof as it has everyone thinking I mean to make such a bold step as this just days before YTB Travel International is to meet with a circuit judge to answer the allegations pending from The California suit, The class action lawsuit that has been filed in federal court in East St. Louis and a third in Madison County Circuit Court is a sure sign that everything isn't at all what YTB Travel International Inc.Chief Executive Officer Scott Tomer and others are confessing them to be, it's funny that I choose the word "CONFESSING"
maybe it time that YTB Travel International Inc. began to do just that "CONFESS" it's wrong doing and set their captives FREE!!!!!!!

For More Information Contact:
Daryl D. Alex
Regional Executive
TraVerus Travel and TeleVerus Cell Phones
1.800.781.3254
1.877.744.3431
225.590.7700

Friday, August 22, 2008

More YTB Complaints from The BBB

YTB Travel News:(Press Release) More YTB Travel Complaints


A Fallbrook, Calif., woman complained to the BBB that after a day-long seminar, she purchased a Web site from YTB Travel for $499 in order to become an online travel agent. She said she thought this would be a good way to make money from home and obtain travel discounts for personal travel. She said that she needed to book $1,200 a month through her Web site in order to be eligible for personal discounts, but everyone that she told about her site said that they “did some research and found that they could book travel more cheaply elsewhere.” She also said that “IATA(International Air Transport Association Network) rescinded their affiliation with YTB Travel and that was the main way for us to obtain travel discounts.” The BBB assisted her in obtaining a refund.

When contacted by the BBB, a representative of the IATAN confirmed that their relationship with YTB Travel was severed due to “failure to maintain standards of accreditation.” In an official statement IATAN indicated that YTB Travel was terminated for “violating the standards which provide that ‘IATA numeric codes shall not be lent, subcontracted, or hired to a third party.’" Furthermore, IATAN “found that the Referring Travel Agents recruited by YTB Travel -- and to whom YTB Travel gave credentials which contained the IATA numeric code -- were "third parties" over whom YTB Travel had no control.” YTB Travel disputed IATANS actions, but upon review the actions were upheld.

For the first quarter of 2008, only 12.5% of YTB Travel’s net revenue was derived from online travel sale commissions, while almost 80% came from the recruitment of people joining its online travel business. Based on the number of RTAs listed in these filings, the average amount made by each RTA through the sale of travel through their Web site for the first quarter was $27.75; on pace for a yearly income of $111, according to filings with the Security and Exchange Commission.

J. Kim Sorensen is the president of YTB Travel, J. Scott Tomer is the CEO and J. Lloyd Tomer is the chairman of the board, according to the company’s Web site.

If you are like me and are tried of the many YTB Travel Complaints that have and are being leeved on YTB Travel then maybe it's time you take a look at Traverus Travel Network and TeleVerus Cell Phones

For more information contact:

Daryl D. Alex
Regional Executive
Traverus Travel and TeleVeus Cell Phones
1.800.781.3254
1.877.774.3431
225.590.7700

Thursday, August 14, 2008

St. Louis slaps YTB Travel with Class-action lawsuit

YTB Travel News(press Release): Just like The Morton Salt Box States "When It Rains It Pours" this time that statement rings true for YTB Travel Just day after one of YTB Travel's Annual Conventions which was held in St. Louis this year more trouble was announcement by
ST. LOUIS POST-DISPATCH:


Another layer of trouble has landed on Wood River-based travel company YTB International, this one in the form of a class-action lawsuit filed Friday in East St. Louis.

Attorneys representing two agents and sales reps for the company say it is an "illegal pyramid scheme" and "employs an illegal chain referral sales technique" in violation of Illinois law. They are seeking $100 million in damages for the at least 140,000 agents who have joined YTB Travel.

In a filing with the Securities and Exchange Commission, the company said it "intends to vigorously defend the case."

The suit's charges echo those in a suit filed last week by California Attorney General Jerry Brown, who called the company a "gigantic pyramid scheme" in which 140,000 "referring travel agents" pay $450 up front and $50 a month to sell travel but rarely earn any money on commissions. Meanwhile, sales reps — including many of those travel agents — receive commissions and bonuses to sign up more agents.

"These are all different components of the same pyramid scheme," said Christian Montroy, the East St. Louis attorney who filed the suit.

The Illinois attorney general also is investigating YTB Travel, and the local chapter of the Better Business Bureau(BBB) slapped YTB Travel with a negative report last week.

Also on Monday, YTB Travel disclosed in an SEC filing that its application for listing on the American Stock Exchange was withdrawn Friday. The company's stock is currently traded on the Over The Counter bulletin board and it has been trying to get on a more prestigious exchange.

The company didn't say why it withdrew its application to AMEX and didn't respond to questions Monday.



However, the only thing that is different from that morton salt box and YTB Travel is the little girl on the box has an umbrella and YTB Travel doesn't.

For more Information Contact:
Daryl D. Alex
Regional Executive
Traverus Travel and TeleVerus Cell Phones
1.800.781.3254
1.877.744.3431
225.590.7700

Sunday, August 10, 2008

Illinois launches probe into YTB Travel

YTB Travel News(press release): More YTB Travel News as members of YTB Travel International the
Wood River based travel company, gathered in St. Louis for The YTB Travel Annual Convention, the unthinkable event was announced on
the heels of a eariler report this week that California Attorney
General
called YTB Travel "A gigantic Pyramid Scheme" and just a day later The Illinios Attorney General's Office announced it also has launched a probe into YTB Travel International.And the local chapter of the Better Business Bureau(BBB) issued a report detailing complaints it has heard of misleading offers made by YTB Travel International sales reps.And just as before YTB Travel International has denied any wrongdoing. However,The Illinois Attorney General and Better Business Bureau(
BBB)
probes are the latest signs of deeper problems of the fast-growing company, which sells cruises, flights and online travel agencies websites in which people can earn commissions selling cruises and flights for a start up cost of $450 up front and a monthly fee of $50.

Nevertheless, by the end of March, YTB Travel has made claims to have sold 139,000 of these agencies and had claimed that YTB Travel
has more than 340,000 sales reps, who pay nothing But, are earning commissions for each agent they sign up.


Natalie Bauer, a spokesperson for The Illinios Attorney General Lisa Madigan would not say exactly when the Illinios probe started,did state the probe had indeed been opened for a while now and are in the process of conversing with The California Attorney General's Office in hopes to gather information of their findings. Her office has received 70 complaints about YTB Travel since 2002.

For More Information Contact:

Daryl D. Alex
Regional Executive
Traverus Trave and TeleVerus Cell Phones
1.877.744.3431
225.590.7700
Traverus Travel Update and TeleVerus Cell Phones

Sunday, August 3, 2008

YTB Travel News: Bermuda Sun Investigation reveals card mill

YTB Travel NEWS:(PRESS RELEASE)
"A Bermuda Sun investigation suggests that most people investing in YTB Travel in the U.S. make their money by recruiting new subscribers, rather than from selling travel.

Mr. Furbert - who plans to launch YTB Travel in Bermuda next month - denied yesterday that the company is a pyramid scheme.

The Bermuda Sun investigation also revealed that U.S. travel organizations are beginning to back away from YTB Travel, calling it "a card mill" because its agents lack bona fide travel credentials.

Cheryl Hayward-Chew, vice president of Meyer Franklin Travel, confirmed travel suppliers are beginning to refuse discounts to YTB Travel. She said people should do their research before signing up and warned that the people who are likely to make the most money are people at the top - those who buy in early.

There is heated debate on the Internet as to whether YTB Travel is a pyramid scheme - whereby the money of new investors ends up in the hands of those at the top. "

How much more water can The YTB Travel row boat take on before the call "YOU snaked my battleship" is cried out?

For More Information Contact:

Daryl D. Alex
Regional Executive
Traverus Travel and TeleVerus Cell Phones
1.800.781.3254
1.877.744.3431
225.590-770
Traverus Travel Update

Sunday, July 27, 2008

YTB Travel News

It has been mentioned that YTB Travel is a public company inferring legitimacy and obviously infers it has been scrutinized by the SEC ...

The SEC does very little due diligence's on reverse-merged companies... that's right! - REVERSE-MERGED COMPANIES also known as YTB Travel ... YTB Travel did not do an initial public offerring YTB Travel simply bought a shell company ( REZConnect) that was already trading on the OTC bulletin board for pennies (and who was loosing money by the buckets just like YTB Travel.) - the merger actually enabled RezConnect to write off $15M to "goodwill"! come on "GOODWILL" sounds like SELF-PERSEVERANCE if you ask me.

YTB Travel never went through the scrutiny by analysts or anyone else typically endured by a company that does an IPO. Opting for the method of "going public", although frequently done is in my opinion is quite underhanded - it doesn't add any capital to YTB Travel ( one of the many reasons to go public in the first place) it merely adds some small ( depending on the market demand) amount of liquidity for the original players as well as the facade of legitimacy that hasn't truly been earned.

Now, let's follow the YTB Travel money trail to see how legitimate this deal was for the little guy caught in the YTB Travel MLM scheme ... YTB Travel under a little scrutiny for their filings to the SEC shows that for 2004 they claimed revenue of approx 11.5 Million, However, Of that 11.5 million 63.4% which is roughly over 7 million dollars came out of the pockets of YTB Travel Reps. Moreover, 17.8 percent or just about 2Million dollars of YTB Travel reported revenue was the GROSS sales amount of all the travel YTB Travel booked which is entirely offset within the cost of product as YTB Travel does not actually offer travel - YTB Travel simply refers it.

If you really did your do diligence's - it soon becomes apparently clear that about 4.4% or roughly $484,034.00 was actual commission on travel sold. Now based that on the over 8700 members that YTB Travel has claimed to have in this filing that would have put the TOTAL average YTB Travel commission for each YTB Travel Rep would be less than 60 dollars now this is not exactly what you would call an promising home based business for the average person.

Therefore,the only conclusion that one can conclude from going through YTB Travel financials and yet there is much, much more to be looked at trust me, is that YTB Travel are making money off selling YTB Travel memberships and the 50 dollar a month fee and not much else. If your into selling a product and being a travel agent - there is little money here. If your into selling MLM schemes and ripping off the public at large .... then YTB Travel is for you.

For More Information Contact:

Daryl D. Alex
Regional Executive
TraVerus Travel And TeleVerus Cell Phones
Traverus Travel Update
1.800.781.3254
1.877.744.3431
225.590.7700

Saturday, July 26, 2008

YTB Travel News- "your very own " pyramid scheme

YTB Travel News(PRESS Release July 26, 2008)

YTB Travel is a so-called multi-level-marketing scheme that tries to sell you "your very own travel agency". YTB Travel claim that this will (1.) save you a lot of money when booking travel, (2.) make you money when others book travel through you, and (3.) make you money when you pull others into the YTB Travel mouse trap.

It will take a while before you find out that the YTB Travel privilege will cost you $500 and that's just for beginners, plus an additional $150 alone with a 7 hour day of "so called" YTB Travel training( That's if YTB Travel training takes place in your area) and then $50 each month for the maintenance of your YTB Travel website.

It will take you even longer to find out that the whole YTB Travel scheme really doesn't work as advertised.

YTB Travel is a publicly traded company, meaning that there are financial statements that will support the above statement that the YTB Travel scheme really doesn't work (even though YTB Travel is over 12 months behind on reporting and is constantly redeclaring their reports).

To make this long story short:


* YTB Travel continues to lose more and more money year after year (However,the principles are making millions of dollars year after year).
* The average YTB Travel agent pays more than three times in monthly fees as they are earning in commissions.
* YTB Travel makes twice as much from "selling travel agencies" then from their "CORE PRODUCT", which is TRAVEL.


Let's take a closer look at my last key point: 65% of YTB Travel comes from building the pyramid, proving that it's a true ILLEGAL PYRAMID SCHEME. YTB Travel has been reported to the SEC and within the next 6 to 12 months there will be decision rendered.


Moreover, to become involved with the YTB Travel pyramid scheme you are allowing YTB Travel to offer you an affiliate position with travelocity. However, if you don't believe that all of this is true just go to the Travelocity site directly, you will see that they the exact same site and that site is free.

For More Information Contact:

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