Report: #127603

Report: Sms.ac

Category: Cellular Phone Companies

Sms.ac ripoff These guys are deceptive beware San Diego California

*Consumer Suggestion:...

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Sms.ac

Phone: 619-696-1300
Fax:

7770 Regents Road
San Diego, California 92122
U.S.A.

Submitted: Sunday, January 16, 2005

Last posting: Saturday, January 22, 2005

Los Angeles, California

Having read the postings on this topic I feel the need to tell my story. I am another individual who worked at sms.ac for a short period of time. I have seen the scam they do first hand. They manipulate data, they distort the truth, they sucker decent honest people in to working for free. Some of the people there have been working for years for nothing. Most of them don't understand the stock option situation and the fact that they'll get nothing.

Having worked in other start-ups, I managed to quickly assess the scam and bailed out. But it took a lot of persistance to get the actual data. Pousti wasn't forthcoming with any of it.

Make no mistake about it. Posti has perfected the art of the scam. He is a confidence trickster. He tells a great story and you believe he's just a short guy with a lot of drive. His run in with the US Postal service is indicitive of the type of guy that he is. His spin on collegeclubs.com is another one. He ran the company into the ground, spending money like it was going out of fashion. He was fired and the company was sold in a fire-sale.... not exactly the story he tells in his bio. If you don't believe me ask the VCs who invested in it. Or better yet ask any VC in San Diego what they think of this scam. There's a reason they don't have proper VC funding. Smart money doesn't invest in scams like this. You have been warned.

Chris McKibben appears to be a god guy, but has been suckered into this whole thing. He's not smart enough to realize what's going on and he follows Posuti like a lap-dog. He'll look back at this in a few years and realize what an idiot he was to put his reputation on the line for nothing. Chris, wake up and smell the coffee. Get out of there.

Brandi Williams is coy. She's in this as deep as Pousti. She's an acomplice. Certainly not a victim.

Their database is largely inactive. The churn rate on their service is huge. But SMS.ac never counts people who signed on once and left. So their database keeps growing. The only thing that's impressve is the number of people they have reached once or twice.

But undertand its not viral. For this to be a viral service churn rates should be low and stickiness should be high. SMS.ac has the exact opposite traits. They have a database of phone numbers. That's it.

The SMS messages you receive from girls trying to flirt with you are really SMS workers trying to create demand.

The messages from people in the chat groups are made up to make money.

Don't be a fool people. Walk away.

My name is hidden because I too can't afford to get sued by them for telling he truth. But rest assured sms.ac, if you want to come after me, I have many emails, spreadsheets and reports that can back up everything I say. I was smart enough to keep a backup in case things went sour. I have not distributed it to anyone as I would consider that unethical. But I will use it if I need to.

David
San Diego, California
U.S.A.

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Updates & Rebuttals:

Updates & Rebuttals

Speaking of investors. What about creditors who were left high and dry during Pousti's "spending frenzy"? Private [1/22/2005]

Submitted: Saturday, January 22, 2005

Posted: Thursday, July 31, 2008

Private

San Diego
U.S.A.

Speaking of investors. What about creditors who were left high and dry during Pousti's "spending frenzy"?

All of the listed companies and people have filed claims against collegeclub.com since they went bankrupt. I made a report with court cases about SMS.AC and you can see that people are complaining that SMS.ac is not paying people or companies either. So this collegeclub.com information is relavant. Just click the search button above to find my report.

For a list of investors, go to
http://www.sec.gov/Archives/edgar/data/1102546/0000912057-00-018644.txt and look at the bottom of the page.

CREDITORS

Filer Query00-08305-LA Collegeclub.com, Inc.
Case type: bankruptcy Chapter: 11 Asset: Yes Vol: v Chief Judge: Louise DeCarl Adler
Date filed: 08/21/2000 Date of last filing: 03/26/2004

Filers

Accrue Softwarem Inc.

cr

09/28/2000

Advertising Edge, Inc.

cr

11/27/2000

American Express Travel

cr

09/28/2000

American Express Travel Related Services Company, Inc.

cr

09/28/2000

Joshua Aronovitch

cr

07/09/2001

Avaya Communications

cr

01/24/2001

Kathryn E. Barrett

cr

10/01/2000

Eric Berman

cr

09/11/2000

Robert G. Bettman

cr

09/13/2000

Aaron Birnbaum

cr

11/27/2000

David Braun

cr

11/01/2000

Daniel Brecher

cr

10/01/2000

Brobeck, Phleger & Harrison LLp

cr

09/07/2000

Brodshatzer Wallace Spoon & Yip

acc

01/04/2001

Burson-Marsteller

cr

08/28/2001

Leslie Callahan

cr

03/26/2002

Janet Cardinell

cr

02/06/2003

Jeffrey L. Caress

cr

05/09/2001

Helen Chiang

cr

12/15/2000

College Web Guide

cr

09/13/2000

Commonwealth of Pennsylvania, Dept. of Labor and Industry, Bureau of

Employer Tax Operations

cr

04/09/2001

Copelco Capital Inc.

cr

10/26/2000

Custom Logos

cr

07/05/2001

Clinton Cutler

cr

11/17/2000

DACA

cr

11/17/2000

Debt Acquisition Company of America IV, LP

cr

05/16/2001

Debt Exchange Network, Inc.

cr

08/07/2001

Debt Settlement Associates, LLc

cr

08/13/2001

EMC Corporation

cr

09/28/2000

Ron Elitzur

cr

04/22/2002

Allan Erlick

cr

09/06/2001

Executive One Associates

cr

09/11/2000

Michael A. Fagone

cr

02/13/2001

Bradley Feuer

cr

10/01/2000

Tony Fong

cr

02/23/2001

Futurepages

cr

09/05/2001

GE Capital Services

cr

10/18/2000

Jacob Gerhart

cr

10/02/2000

Ginny's Printing & Copying

cr

04/18/2001

William Harbison

cr

09/20/2000

Carol Henderson

cr

09/19/2001

Homestead.com,Inc

cr

09/08/2000

Hunter Hughes

cr

10/03/2001

John R. Hughes Jr.

cr

10/16/2000

Humana, Inc.

cr

12/03/2002

Iboost Technology, Inc

cr

10/03/2000

Imperial Bank

cr

09/13/2000

Interactive Communications, LLC

cr

10/03/2000

Internal Revenue Service

cr

07/10/2001

Joel Irwin

cr

02/28/2001

Jobs.com, Inc.

cr

10/16/2000

Craig W. Johnson

cr

06/27/2001

Scott A. Jones

cr

06/20/2001

Leslie Jordan

cr

09/28/2000

K/B Fund IV

cr

09/20/2000

Jeffrey Kaplan

cr

07/10/2001

Jennifer Keesler

cr

10/01/2000

Kendell Communications, Inc

cr

10/02/2000

Richard M. Kipperman

tr

06/05/2001

Michael Krasman

cr

09/05/2001

David Krippendorf

cr

07/05/2001

Lamb, Medina & Meyer, L.L.P.

acc

01/04/2001

Jeff Lawson

cr

05/18/2001

Diane C. LeMay

cr

09/13/2000

LeaderOnline, Inc.

cr

10/05/2001

Matt Levenson

cr

05/18/2001

Brian Levine

cr

07/31/2001

Noam Livant

cr

06/11/2002

Noam Livnat

cr

12/28/2000

Load Media Network, Inc

cr

09/13/2000

Laura Lubetsky

cr

11/03/2000

MTV Capital Limited Partnership

cr

08/29/2001

Steven Randall Maness

cr

03/27/2001

McDermott, Will & Emery

cr

10/09/2001

Daniel C. Minteer

cr

09/22/2000

Mobility Resources Assc.

cr

01/10/2001

National Broadcasting Company, Inc.

cr

10/13/2000

Michael T. O'Halloran

aty

07/05/2001

Official Creditors Committee

crcm

09/11/2000

Michael Okun

cr

11/13/2000

OnMoney Financial Services Corporation

cr

10/13/2000

Isaac M. Pachulski

cr

09/07/2000

Berj K. Parseghian

cr

02/20/2002

Pawnee Leasing Corporation

cr

08/24/2001

Pennsylvania Department of Revenue

cr

07/17/2001

Angelo M. Pezzani

unk

02/13/2001

William A. Piatak

cr

11/29/2000

Michael D. Pickett

cr

12/28/2000

Janis Pikal

cr

05/18/2001

Suzanne Pincus

cr

07/12/2001

Price Self Storge

cr

01/30/2001

ProFinance

cr

11/27/2000

ProLog Logistics, Inc

cr

09/08/2000

Stephen M. Race

unk

02/13/2001

Robert Half International, Inc

cr

09/22/2000

San Diego Wholesale Credit Association

cr

07/02/2002

Mark H. Schwartz

cr

07/05/2001

Silicon Valley Bank

cr

08/28/2000

John Sines

cr

09/19/2000

Sony Computer Entertainment America, Inc

cr

09/13/2000

Sony Corporation of America

cr

09/13/2000

Spedia.Com, Inc.

cr

01/30/2001

Sprint

cr

10/02/2000

Student Advantage Inc.

cr

08/25/2000

Suissa Miller Advertising

cr

01/30/2001

Suttell & Schweet

cr

10/01/2000

Szabo Associates, Inc.

cr

08/24/2001

Megan Tansey

cr

07/10/2001

Techfuel

cr

01/30/2001

The West Group

cr

11/17/2000

Kathryn R. Vulic

cr

07/10/2001

Todd Walker

cr

07/06/2001

Dennis J. Wickham

md

08/08/2001

David Yapo

cr

07/05/2001

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