That's not what NPR said, but the message is clear: this is a f***ing cult pretending to be a business, selling dreams to people who don't know any better.
Wake Up Now | This American Life
Printable View
That's not what NPR said, but the message is clear: this is a f***ing cult pretending to be a business, selling dreams to people who don't know any better.
Wake Up Now | This American Life
According to Ethan Vanderbuilt in his Sept 27, 2013 post about WakeUp Now
"For the people that are just selling wakeupnow to customers and not recruiting their average yearly income is $0.10."
This is a great job of reporting. Don't miss This American Life on WakeUpNow. Loved it.
Ethan Vanderbuilts' article WakeUpNow Scam? Yes It Is In My Opinion! can be viewed on ethanvanderbuilt.com
http://imageshack.com/a/img913/9222/zoJXkG.jpg
A preview:
https://www.youtube.com/watch?feature=player_detailpage&v=VgHY3l1p8A8
You can view the entire video here on EthanVanderbuilt.com
UNCONFIRMED RUMOUR = WakeUpNow is to file for bankruptcyQuote:
Originally Posted by Logan Pretty
https://www.youtube.com/watch?feature=player_detailpage&v=6EJPO95duRs
Stay tuned, if Logan Pretty is to be believed what happens next isn't going to be pretty
I can confirm that WakeUpNow is closing its doors. It has been announced by three of the top representatives.
You'd think after his disastrous experience with Banners Broker that Troy Dooly would have learned his lesson and realized just because something is labeled "multi level marketing" doesn't immediately make it legit, that adopting a "positive thinking under all circumstances " stance is a recipe for disaster and detecting a scam comes from a series of clues, rather than a flashing neon light.
N--O--O--O
Not our Troy,
instead, he finds himself ONCE AGAIN having to rationalize, justify and lay blame elsewhere for yet another collapsed "Poorly-disguised-pyramid-scheme-pseudoMLM-company-that-everyone-but-Troy-knew-was-going-to-collapse-sooner-rather-than-later" in Wake Up Now
https://www.youtube.com/watch?feature=player_detailpage&v=eq1DytgDtXg
One wonders where this leaves Troy Doolys' credibility as an MLM guru now ???
Just when it looked like things couldn't get any worse for WakeUpNow members, BEHINDMLM.com is today reporting:
http://imageshack.com/a/img538/8938/UJDJ2X.jpg
You can read the entire article here on BEHINDMLM.com
Made the news in the Salt Lake Tribune.
Provo multilevel company shuts down, sues CEO for alleged mismanagement, self-dealing
How exactly do you accumulate $500 million in debt?Quote:
Meanwhile, Kirby Cochran, the former CEO of Wake Up Now, has filed for personal bankruptcy, listing up to $500 million in debt.
Practice Practice Practice
Kirby Cochran, the former CEO of WakeUpNow, has an interesting business history. He has been associated with more than two dozen companies, several of which have had their registrations revoked. One of his companies, Castle Arch Real Estate Investment Company, for which he was CEO, filed for bankruptcy in 2011 $40 million in debt. The bankruptcy followed a 2010 $15 million lawsuit alleging racketeering and breach of contract, among other charges (that suit was dismissed in 2013).
================
In reality, Kirby Cochran was president of Covol for 9 months in 1995-96. During the time that he was President at Covol, its gross revenues were only a few hundred thousand dollars with millions of dollars of investor funded losses.
================
He was also the president and CEO of Emerald Homes which was sued by the federal government for its role in the Charles Keating savings and loan scandal of the 1980s. The company settled the case for $10 million in 1993.
https://www.truthinadvertising.org/w...ings-know-mlm/
WakeUpNow Files $70 Million Lawsuit Against Ex-CEO Kirby Cochran
================================================== ====================
Amazing to me is WUN never properly vetted him, Cochran is a complete con artist. It is frustrating enough with low level scumbags running amok when a simple google search would save people money. For a company, attorneys and all to fall prey WTF? Who on earth would look at his past and think "oh yeah, let's get him as close to our money as possible"?
It wouldn't be unlike Tory's past to find that he was being paid in some form or another for his willful, umm,, what's the word I'm looking for, gullibility. He was, right up until and even after the government stepped in, one of Zeek Rewards biggest supporters, telling everyone that he KNEW FOR A FACT it wasn't a ponzi scheme and that he had inside information to prove it, just that he wasn't at liberty to release this information.
It later turned out that the only information he had was that the checks they were writing him, for 'expenses' were clearing.
There's a lot of sheeple out claiming lawsuit had been dropped (and they can go back to making money)