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Report: #190159

Complaint Review: StoresOnline - Orem Utah

  • Submitted:
  • Updated:
  • Reported By: TORONTO Ontario
  • Author Confirmed What's this?
  • Why?
  • StoresOnline 754 E. Technology Ave., Orem, Utah U.S.A.

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My associate was made to believe somethng like: You don't even need to use any of your own money, for the StoresOnline sites/licenses. Use the credit card company's money, then pay the minimum due and interest from the income you generate from StoresOnline electronic storefronts.

After a while, the credit card will be paid off from the earnings from the storefronts, and you will have an income stream for years to come. I advised my associate to rescind the contract with StoresOnline within the 3-day rescission period, as I was aware of the Rip-off Reports, but I did not succeed.

After a few months, my associate lost interest in developing the storefronts, could not find good products to sell, and the credit card account had to be paid -- out of the pocket, not from earnings coming in from StoresOnline-hosted storefront. Multi-Trade tried to help sell the licenses, to recover part of the money paid to the credit card company.

As a result of advertising the licenses, lots of people contacted Multi-Trade, almost everyone wanted to sell their StoresOnline licenses too, at a fraction of the original cost. Did StoresOnline say licenses were a good investment, could be sold at a higher price. Never worked that way.

Sure, if you visit onlinemerchantforum, you will find people who seem to be making money with their StoresOnline sites. But none of them, to my knowledge, wanted to buy more licenses/sites; they also have still unused sites. So those people who still think they can benefit from StoresOnline eServices for the small entrepreneur or home-based internet marketers, you don't need to buy the minimum 3sites (6 recommended by StoresOnline speakers), you can buy one or two licenses from people who contacted Multi-Trade. You invest less, and you help others recover part of their losses. For details, visit Multi-TradeOnline. We are not making money out of this, just trying to help you and the sellers.

Vir
TORONTO, Ontario
Canada

This report was posted on Ripoff Report on 05/05/2006 02:08 PM and is a permanent record located here: https://www.ripoffreport.com/reports/storesonline/orem-utah-84097-6204/stores-online-pro-imergent-made-my-associate-believe-the-opposite-of-what-could-happen-re-190159. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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