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

YTB Travel News- YTB Travel in serious trouble

We at Traverus Travel certainly do sympathize with the emotional roller coaster YTB Travel reps will surely experience after receiving this crushing announcement, but each YTB Travel Rep must now face a difficult reality that business is business and they must look out for their livelihood; Moreover, each and every YTB Travel leader should soon be recognizing that no matter how much they love or believe in YTB Travel, it’s in serious trouble and YTB Travel will likely see 70% or more of their active RTA base leave the company and their organization over the next 4 to 8 weeks as news of IATA’s termination of YTB Travel spreads. Those YTB Travel leaders will be forced to quickly make one of the following choices:

1. YTB Travel Reps can brace themselves for the fast approaching storm, if that is at all possible and try to create a plan to rebuild ¾’s of the organization that will take to the high grounds over the next few months or
2. Which should be the SMARTEST YTB Travel leader's decision catch that lifeline and Take a position with Traverus Travel, which represents the only major Travel Company left in the Network Marketing field today and then propel that organization that he or she are leading over to one of the strongest Traverus Travel company's team and he or she will receive a preferred position in Traverus Travel, which by the way is the #1 income earning company out there at this time, Moreover, It would be like holding that winning the lottery ticket in today's drawing. A SMART YTB Travel Leader would recognize that he or she can either lead their team to a stronger company in Travel Travel now, or watch his or her YTB Travel team make the SMART choice and leave on their own. These YTB Travel leaders know that it’s not a question of if; it’s a question of how soon this will happen.
Traverus Travel has already had several YTB Travel reps that were in Director Levels make the move within the last 24 hours and these number will be in the thousands over the next 60 days and since Traverus Travel doesn't use a six up compensation model which an ex YTB Travel Rep should benefit greatly by acting now, since future reps will soon be positioned underneath you!

For Information Contact:

Daryl D. Alex
Regional Executive
Traverus Travel Update
1.877.744.3431
1.877.269.4502
225.590.7700