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PROTECT YOURSELF FROM SCAMS!  Research all business opportunities thoroughly, and never blow off other people's bad experiences.  Ask around (and listen!).  The Scams101 Message Board is a good place to start.  What's that?  You've found a Biz Op and you're wondering if it's endorsed by FIB?...  Not unless it's listed in MaaMaw's Magnificent Toolbox.






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FIB - Scams 101

Re: You've really done your homework!

Posted By: JLPapayorgis
Date: Wednesday, November 15, 2006, at 5:38 p.m.(pst)

In Response To: You've really done your homework! (Mel. White)

>> One of the things that bothers us is when someone shows up, having
>> found an opportunity, and has believed the dreams without thinking about
>> the hard practicalities. You've obviously done a lot of thinking -- I'd
>> say that you could be very successful at an internet-based business.

Always try to do my due diligence when looking over an opportunity, but was just asking in case there was something I overlooked. Been trying to be successful for many years at this but am always behind the learning curve in an all changing environment such as this. Perhaps havent found the right mentor.

>> That said, I didn't see any huge red flags on the thing -- BUT --
>> searching the BBB records shows that they've changed their name to (or
>> from) NeTel and the NeTel company has an unsatisfactory rating with 111
>> complaints in 3 years. Details here:
>> http://www.bbbsoutheastflorida.org/nis/newsearch2.asp?ID=1&strBCode=06330000&ComID=0633000011001479

Thanks for the link to the BBS. I see they have tried in all areas to make right leaving perhaps one or two issues at most unsolved in all the listed areas, I give them an A for effort. Thats what I read out of that. I also understand that 111 devided by 36 months is what 3 complaints per month, thats not too bad for a long distance company dont ya think?

>> I think that if you want to sell a prepaid card and you know the
>> market (you've obviously got some idea of how to do this) you might also
>> want to consider other similar companies. I looked (briefly) at Excel, and
>> saw an even larger stack of complaints and also looked at AT&T (to see if
>> phone companies generally trigger snarky customers) and saw varying
>> numbers (there's a LOT of AT&T regional and local companies... some had a
>> lot of ocmplaints, others had none.)

This is a unique product and only one other company offers it but they have more complaints listed in the search engines than does Tel3. Excel actually went under about two years ago. They were just long distance service providers. They were really a scam they paid distributors off the entrance fees to become agents and it was only a matter of time before that would crumble. I took a look at them about 7 years ago.

>> Bottom line: nothing indicates a scam, but there's some customer
>> service problems. Check out a few other companies before making a
>> decision. Also, companies are beginning to scramble as VOIP and internet
>> phones are making inroads into their markets. It's not clear what's gonna
>> happen... just something to be aware of.

>> You might want to read some of the stuff on CNET about this:
>> http://reviews.cnet.com/4520-9140_7-5131535.html

>> http://news.com.com/2001-7352_3-0.html

Yeah VOIP only time will tell, what I see is that there will always be the haves and have nots and perhaps I can service the have nots if VOIP takes over the industry by storm.

I appreciate your time and help thank you.

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