• Report: #127603

Complaint Review: Sms.ac

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  • Submitted: Sunday, January 16, 2005
  • Last Posting: Saturday, January 22, 2005
  • Reported By:Los Angeles California
Sms.ac
7770 Regents Road San Diego California 92122 U.S.A.

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


1Author 1Consumer 0Employee/Owner

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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.

This report was posted on Ripoff Report on 1/16/2005 12:37:11 PM and is a permanent record located here: http://www.ripoffreport.com/cellular-phone-companies/sms-ac/sms-ac-ripoff-these-guys-are-d-6d88d.htm.

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1Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Suggestion

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

AUTHOR: Private - San Diego (U.S.A.)

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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