HOLTON BUGGS LEFT YTB
ATTENTION YTB REPS.....SAVE YOUR BUSINESS!
Numerous Directors have left YTB recently, the most notable among them being Holton Buggs. Holton was the quickest growing Director in YTB history and he's all over YTB videos. Holton left YTB shortly after Convention August 2008, sending chock waves through the company.
In addition to Holton Buggs, another high profile Level 2 YTB Director, Joe Reid (President’s Club Sapphire Ring & CRTA Instructor), has also left now! The big players are moving and securing their positions with our company now.... Don't Get Left Behind, Secure Your Future Today!
July 2008 - YTB loses appeal for IATA re-instatement (If it wasn’t an important certification, they wouldn’t have tried to get it back).
8000 RTA's quit YTB between April 2008 & June 2008, and this was before news of the California Attorney General's Lawsuit hit!
Industry experts expect massive attrition over the next 180 days to YTB’s remaining 131,000 RTA’s.
YTB lays-off 17 employees the beginning of Sept. 2008...... Money problems?
YTB reports 3.7 million in losses thus far for 2008, completely wiping out last years gains.
August 2008 - YTB facing shutdown in California (2nd largest location of YTB RTA’s), due to lawsuit filed by California’s Attorney General
August 2008 - Illinois Attorney General opens joint investigation with California, which could close YTB’s doors if they file suit as California has already. Why could Illinois Attorney General put YTB out of business? Simple, YTB’s corporate office is based in Illinois!
YTB’s new enrollments hit all time low due to massive levels of negative press, which are only going to get worse!
Are You Going To Watch Your Team Disappear Over The Next 90 to 180 Days As More Bad News Roles Out, Or Act To Save Your Business? 8000 RTA's Quit in The Last 90 Days, How Many in The Next 90 Days? Don't Just Hope Everything's Going To Work Out, Make It Work Out For The Best By Acting Now To Protect Your Team!
ISN'T IT TIME FOR YOUR TEAM TO GET SOME GOOD NEWS? DON'T WAIT FOR THEM TO LEAVE ON THEIR OWN, OR FOR YTB TO GO UNDER, LEAD THEM NOW!
Contact Me Today to get your Position
713-202-7545
Jamell
BAD NEWS FOR YTB REPS
YTB Considers switching to a Franchise Business Model
In a surprising and controversial move that could end the era of multilevel marketing, Scott Tomer, CEO of YTB International, Inc. said 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.” YTB has been at the center of travel agents' concerns with the proliferation of multilevel marketing.
In a filing with the Securities and Exchange Commission (SEC), Tomer said 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," Tomer's statement continued. "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.”
YTB International, Inc. is a publicly owned company. It provides Internet-based travel booking services for travel agencies and home-based independent representatives in the United States and Canada. It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies.
YourTravelBiz.com, Inc. conducts business through the recruitment, enrollment, training, and support of its sales force.
YTB Travel Network, Inc.’s business is comprised of arrangements to sell airline tickets, cruise packages and other services, plus travel sales, from the approximately 138,814 (as of 3/31/08) RTAs’ websites which it hosts.
John Frenaye, president of the JVE Group and a critic of YTB, said the move should be watched carefully and may mean the end of the multilevel marketing approach in favor of the franchise model.
In a move that will be welcomed by many professional travel agents, California Attorney General Edmund G. Brown Jr. has sued YourTravelBiz.com for operating a gigantic pyramid scheme. The state alleges that YTB “recruited tens of thousands of members with deceptive claims that members could earn huge sums of money through its online travel agencies.” If found guilty, YTB could face fines and restitution as high as $25 million.
“YourTravelBiz.com operates a gigantic pyramid scheme that is immensely profitable to a few individuals on top and a complete rip-off for most everyone else,” Attorney General Brown charged. “Today's lawsuit seeks to shut down the company's unlawful operation before more people are exploited by the scam.”
Brown charges the company, its affiliates and the company's founders J. Lloyd Tomer , J. Scott Tomer , J. Kim Sorensen and Andrew Cauthen with operating an “endless chain scheme,” an unlawful pyramid in which a person pays money for the chance to receive money by recruiting new members to join the pyramid.
Brown also charges the company with unfair business practices and false advertising practices including deceptive claims that members can earn millions of dollars with the company, operating without filing legally mandated documents with the attorney general and the Department of Corporations and selling an illegal travel discount program.
John Frenaye , a veteran agent and critic of YTB, said the state's move was a “decisive win for travel agents and the travel industry” and could go a “long way to end the multilevel marketing challenge to the industry.” Last year, Frenaye collected more than 2,700 signatures from agents and suppliers opposing multilevel marketing.
In a statement, the attorney general said YourTravelBiz.com and its affiliates operate an illegal pyramid scheme that only benefits members if and when they find enough new members to join the scam. “Once enrolled, members who join the pyramid scheme earn compensation for each new person they enlist, regardless of whether they sell any travel. The company lures new members by offering huge income opportunities through online travel agencies, yet the typical person actually makes nothing selling travel.
“According to company records, there were over 200,000 members in 2007 who typically pay more than $1,000 per year—$449.95 to set up an 'online travel agency' with a monthly fee of $49.95. In 2007, only 38 percent of the company's members made any travel commissions. For the minority of members who made any travel commission in 2007, the median income was $39—less than one month's cost to keep the website. There are at least 139,000 of the company's travel websites, all virtually identical, on the Internet.”
YourTravelBiz's extensive marketing materials include videos of people driving Porsches and other luxury cars, holding $10,000 checks and claiming to be raking in millions of dollars in profits. The company advertises through its Website, www.ytb.com, and at conventions, workshops and nationwide sales meetings that have been held in California locations such as Los Angeles, Sacramento, San Francisco and San Diego.
Under California's unfair business practices statute, the company is liable for $2,500 per violation of law, the statement said. “Attorney General Brown is suing YourTravelBiz.com to get a court order that: Bars the company from making false or misleading statements and assesses a civil penalty of at least $15,000,000 and at least $10,000,000 in restitution for Californians who were ripped off by the company.”
The Attorney General's statement also noted that from August 6 through 10, “thousands of members are preparing to travel to St. Louis for a national convention to learn new techniques to recruit more victims into the illegal pyramid scheme. Last year at least 10,000 people attended a similar national conference.”
In a surprising and controversial move that could end the era of multilevel marketing, Scott Tomer, CEO of YTB International, Inc. said 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.” YTB has been at the center of travel agents' concerns with the proliferation of multilevel marketing.
In a filing with the Securities and Exchange Commission (SEC), Tomer said 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," Tomer's statement continued. "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.”
YTB International, Inc. is a publicly owned company. It provides Internet-based travel booking services for travel agencies and home-based independent representatives in the United States and Canada. It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies.
YourTravelBiz.com, Inc. conducts business through the recruitment, enrollment, training, and support of its sales force.
YTB Travel Network, Inc.’s business is comprised of arrangements to sell airline tickets, cruise packages and other services, plus travel sales, from the approximately 138,814 (as of 3/31/08) RTAs’ websites which it hosts.
John Frenaye, president of the JVE Group and a critic of YTB, said the move should be watched carefully and may mean the end of the multilevel marketing approach in favor of the franchise model.
In a move that will be welcomed by many professional travel agents, California Attorney General Edmund G. Brown Jr. has sued YourTravelBiz.com for operating a gigantic pyramid scheme. The state alleges that YTB “recruited tens of thousands of members with deceptive claims that members could earn huge sums of money through its online travel agencies.” If found guilty, YTB could face fines and restitution as high as $25 million.
“YourTravelBiz.com operates a gigantic pyramid scheme that is immensely profitable to a few individuals on top and a complete rip-off for most everyone else,” Attorney General Brown charged. “Today's lawsuit seeks to shut down the company's unlawful operation before more people are exploited by the scam.”
Brown charges the company, its affiliates and the company's founders J. Lloyd Tomer , J. Scott Tomer , J. Kim Sorensen and Andrew Cauthen with operating an “endless chain scheme,” an unlawful pyramid in which a person pays money for the chance to receive money by recruiting new members to join the pyramid.
Brown also charges the company with unfair business practices and false advertising practices including deceptive claims that members can earn millions of dollars with the company, operating without filing legally mandated documents with the attorney general and the Department of Corporations and selling an illegal travel discount program.
John Frenaye , a veteran agent and critic of YTB, said the state's move was a “decisive win for travel agents and the travel industry” and could go a “long way to end the multilevel marketing challenge to the industry.” Last year, Frenaye collected more than 2,700 signatures from agents and suppliers opposing multilevel marketing.
In a statement, the attorney general said YourTravelBiz.com and its affiliates operate an illegal pyramid scheme that only benefits members if and when they find enough new members to join the scam. “Once enrolled, members who join the pyramid scheme earn compensation for each new person they enlist, regardless of whether they sell any travel. The company lures new members by offering huge income opportunities through online travel agencies, yet the typical person actually makes nothing selling travel.
“According to company records, there were over 200,000 members in 2007 who typically pay more than $1,000 per year—$449.95 to set up an 'online travel agency' with a monthly fee of $49.95. In 2007, only 38 percent of the company's members made any travel commissions. For the minority of members who made any travel commission in 2007, the median income was $39—less than one month's cost to keep the website. There are at least 139,000 of the company's travel websites, all virtually identical, on the Internet.”
YourTravelBiz's extensive marketing materials include videos of people driving Porsches and other luxury cars, holding $10,000 checks and claiming to be raking in millions of dollars in profits. The company advertises through its Website, www.ytb.com, and at conventions, workshops and nationwide sales meetings that have been held in California locations such as Los Angeles, Sacramento, San Francisco and San Diego.
Under California's unfair business practices statute, the company is liable for $2,500 per violation of law, the statement said. “Attorney General Brown is suing YourTravelBiz.com to get a court order that: Bars the company from making false or misleading statements and assesses a civil penalty of at least $15,000,000 and at least $10,000,000 in restitution for Californians who were ripped off by the company.”
The Attorney General's statement also noted that from August 6 through 10, “thousands of members are preparing to travel to St. Louis for a national convention to learn new techniques to recruit more victims into the illegal pyramid scheme. Last year at least 10,000 people attended a similar national conference.”
YTB Franchises
DID YOU KNOW YTB IS CONSIDERING TURNING INTO A FRANCHISE? CLICK HERE
Join YTB for Free!
Listen many people are being told to dig into thier pockets and get in position for some big announcement. and YTB Franchises "considerations". Listen I got a Call Yesterday from someone who was not told by a family Member that they could Join YTB for Free.
Like I tell people if its so good then let me join for free and show me how to recruit people and and earn the $500 to get started as an RTA from profit. Fact is if you Sell 6 other people to get started in YTB That is only $300 in your Pocket you are Still Short $200 to get started.
Thats the reality of it now imagine your paying $50 a month still trying to make back your first $500 investment. In this Economy it is going to take you awhile to find 6 people to give you $500.
Join YTB for free and see the response you get when you show people the business and then tell them $500! If you are still friends after that.
Join Traverus and then Call them up and say hey you can get started now for under $200. Watch the difference. It's simple and that is how different it is working Traverus than it is YTB. More people are able to Join. That is Why 80% of the entire company in Traverus Got a Check Last Week!
It took YTB 3 years to get 3k people...Traverus did it in 6 months.
It took YTB 5 years to get 10k people...Traverus did 10k in a little over a Year.
The writting is on the wall as Traverus is the only Fully International Company in over 98 Countries that we will be the Largest Travel Network.
Join YTB for Free!
Listen many people are being told to dig into thier pockets and get in position for some big announcement. and YTB Franchises "considerations". Listen I got a Call Yesterday from someone who was not told by a family Member that they could Join YTB for Free.
Like I tell people if its so good then let me join for free and show me how to recruit people and and earn the $500 to get started as an RTA from profit. Fact is if you Sell 6 other people to get started in YTB That is only $300 in your Pocket you are Still Short $200 to get started.
Thats the reality of it now imagine your paying $50 a month still trying to make back your first $500 investment. In this Economy it is going to take you awhile to find 6 people to give you $500.
Join YTB for free and see the response you get when you show people the business and then tell them $500! If you are still friends after that.
Join Traverus and then Call them up and say hey you can get started now for under $200. Watch the difference. It's simple and that is how different it is working Traverus than it is YTB. More people are able to Join. That is Why 80% of the entire company in Traverus Got a Check Last Week!
It took YTB 3 years to get 3k people...Traverus did it in 6 months.
It took YTB 5 years to get 10k people...Traverus did 10k in a little over a Year.
The writting is on the wall as Traverus is the only Fully International Company in over 98 Countries that we will be the Largest Travel Network.
YTB Travel Franchises
YTB Franchises
Wow the YTB Franchise spin has begun. Right before convention send out a notice stating your contemplating removing your RTA business model. What does a company do that lost millions last quarter and has a declining stock do!? Start a New company!
YTB is making a transistion like Amway did to Quixtar. Which they are in the process of undoing. The spin goes like this. Those who want to stay in YTB as RTA's and keep building that business with our bill of rights can. But we are focusing on the new pay plan with these YTB Franchise business models with a new complan. This is either transition or your downlines goes over without you!
YTB francises will now be selling more and more products to their downlines with these Franchise Models.
I am so glad I switched and I am not in this obvious shake up that is about to happen. As A Pastor I have no need desire to Lie. But we Already Have Directors taking spots in Traverus Folks. They knew about this before you were told this spin. It's called Timing. Look for more Timing on release of information upto convention folks.
I feel for all the reps that are interested in the largest industry on the planet. Travel. But will now have allot of other YTB franchise products thrown at them to sell. You can't be effective selling a whole bunch of products. You cant sell YTB franchise cars, then YTB franchise Golf, then YTB franchise Flowers, Then the next YTB franchise product deal of the Day. You have to have a product to focus on.
Traverus has been selling Travel for 22 years! Period and because Traverus is a Brick and Mortar Travel agency first they know Travel!
Traverus is building it's own Resorts so we can book to our own Properties.
Traverus has built its own travel portal making us a Travel Suppliers.
I know that many people will see though the smoke and mirrors and realize that YTB had to change because they are going deeper in Debt and have not made money and lost millions last quarter again. They have a price point that is to high for this economy and retention is horrible according to the income disclosure statements. So they Make a New Company. New Stock Hype. to try and get profitable.
If you are interested in being with a 22 Year old experienced Travel Agency such as Traverus Give me a Call. So Far here July 16th We have added 682 people to my personal Team. Traverus is Huge and Global. I have people Joining from all around the World. People are making money in Traverus that did not make it to Power team with a 500 price Tag!
Traverus is working Give me a call to get your questions Answered. Fill out the Form and you will recieve an Email of how our compensation plan works and let me know the best time to call you.
Jamell Fields
Regional Executive 5/08!
713-202-7545
July 16, 2008
YTB INTERNATIONAL CONTEMPLATES
IMPLEMENTATION OF FRANCHISES
- - -
Company Considers Adopting Franchise Operating System in 2009
Wood River, Ill., July 15, 2008 - YTB International, Inc. (OTC BB: YTBLA) ("YTB" or the "Company"), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today 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. Scott Tomer, Chief Executive Officer of YTB International, Inc. commented, "We have retained iFranchise of Chicago to consult in the planning and development of the franchise model and are excited about the potential impact on YTB's business." If a franchising model is adopted, its distribution is expected to be managed by the current marketing arm of the Company, YourTravelBiz.com, also known as YTB.com
The Franchise Group, brings decades of experience to franchise development and implementation efforts. Their consultants have worked with over 30 Fortune 2000 companies and with 98 of the world's top 200 franchisors as rated by Franchise Times magazine. iFranchise has worked with clients such as Blockbuster Video, Ace Hardware, and McDonald's.
About YTB International
Recognized as the 26th largest seller of travel in the U.S. for travel sales reported in 2007 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for home-based independent representatives in the United States, Puerto Rico, the Bahamas, Canada, Bermuda, and the U.S. Virgin Islands.
The Company operates through three subsidiaries: NetYourTravelBiz.com, Inc., YTB Travel Network , Inc., and REZconnect Technologies, Inc. YourTravelBiz.com focuses on marketing online travel websites through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network establishes and maintains travel vendor relationships, processes travel transactions of online travel agents and affiliates, collects travel commissions and pays sales commissions. Each RTA directs consumers to the YTB Internet-based travel website. The REZconnect Technologies division operates as a travel vendor relationship management company and offers franchises of brick and mortar travel agencies. For more information, visit http://www.ytbi.com/investor.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances
Wow the YTB Franchise spin has begun. Right before convention send out a notice stating your contemplating removing your RTA business model. What does a company do that lost millions last quarter and has a declining stock do!? Start a New company!
YTB is making a transistion like Amway did to Quixtar. Which they are in the process of undoing. The spin goes like this. Those who want to stay in YTB as RTA's and keep building that business with our bill of rights can. But we are focusing on the new pay plan with these YTB Franchise business models with a new complan. This is either transition or your downlines goes over without you!
YTB francises will now be selling more and more products to their downlines with these Franchise Models.
I am so glad I switched and I am not in this obvious shake up that is about to happen. As A Pastor I have no need desire to Lie. But we Already Have Directors taking spots in Traverus Folks. They knew about this before you were told this spin. It's called Timing. Look for more Timing on release of information upto convention folks.
I feel for all the reps that are interested in the largest industry on the planet. Travel. But will now have allot of other YTB franchise products thrown at them to sell. You can't be effective selling a whole bunch of products. You cant sell YTB franchise cars, then YTB franchise Golf, then YTB franchise Flowers, Then the next YTB franchise product deal of the Day. You have to have a product to focus on.
Traverus has been selling Travel for 22 years! Period and because Traverus is a Brick and Mortar Travel agency first they know Travel!
Traverus is building it's own Resorts so we can book to our own Properties.
Traverus has built its own travel portal making us a Travel Suppliers.
I know that many people will see though the smoke and mirrors and realize that YTB had to change because they are going deeper in Debt and have not made money and lost millions last quarter again. They have a price point that is to high for this economy and retention is horrible according to the income disclosure statements. So they Make a New Company. New Stock Hype. to try and get profitable.
If you are interested in being with a 22 Year old experienced Travel Agency such as Traverus Give me a Call. So Far here July 16th We have added 682 people to my personal Team. Traverus is Huge and Global. I have people Joining from all around the World. People are making money in Traverus that did not make it to Power team with a 500 price Tag!
Traverus is working Give me a call to get your questions Answered. Fill out the Form and you will recieve an Email of how our compensation plan works and let me know the best time to call you.
Jamell Fields
Regional Executive 5/08!
713-202-7545
July 16, 2008
YTB INTERNATIONAL CONTEMPLATES
IMPLEMENTATION OF FRANCHISES
- - -
Company Considers Adopting Franchise Operating System in 2009
Wood River, Ill., July 15, 2008 - YTB International, Inc. (OTC BB: YTBLA) ("YTB" or the "Company"), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today 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. Scott Tomer, Chief Executive Officer of YTB International, Inc. commented, "We have retained iFranchise of Chicago to consult in the planning and development of the franchise model and are excited about the potential impact on YTB's business." If a franchising model is adopted, its distribution is expected to be managed by the current marketing arm of the Company, YourTravelBiz.com, also known as YTB.com
The Franchise Group, brings decades of experience to franchise development and implementation efforts. Their consultants have worked with over 30 Fortune 2000 companies and with 98 of the world's top 200 franchisors as rated by Franchise Times magazine. iFranchise has worked with clients such as Blockbuster Video, Ace Hardware, and McDonald's.
About YTB International
Recognized as the 26th largest seller of travel in the U.S. for travel sales reported in 2007 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for home-based independent representatives in the United States, Puerto Rico, the Bahamas, Canada, Bermuda, and the U.S. Virgin Islands.
The Company operates through three subsidiaries: NetYourTravelBiz.com, Inc., YTB Travel Network , Inc., and REZconnect Technologies, Inc. YourTravelBiz.com focuses on marketing online travel websites through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network establishes and maintains travel vendor relationships, processes travel transactions of online travel agents and affiliates, collects travel commissions and pays sales commissions. Each RTA directs consumers to the YTB Internet-based travel website. The REZconnect Technologies division operates as a travel vendor relationship management company and offers franchises of brick and mortar travel agencies. For more information, visit http://www.ytbi.com/investor.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances
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