Gulftex Operating, Inc -TBX Resources Sham, Scam, Flim/Flam Dallas Texas

As an ex-employee of this establishment I want to be sure to let any prospective investors know Gulftex is nothing more than a dressed up boiler room where AE's are a dime-a-dozen phone jockeys required to make over 100 calls daily off lists of potential high-dollar investors. To become an employee there they lure you in with visions of grandier and have a few "inside men" drving high-end vehicles and flauting the spoils of their success at taking money from investors on oil and gas projects with littel or no returns. As one of the phone jockeys I found out soon enough it was only my job to find potential, qualifed and interested investors, and then hand them off to the "inside men," so they could pay me on a single point of sale (maybe) while then taking over the investor for future upsells.

Sure they will rebutt and dismiss this post as just another disenchanted sales person who they would have fired anyway due to low revenue production who now wants to post something negative.

All I would ask the potential investor is; if the Barnett Shale and other projects they have are bringing in such high returns, why the need for 8-10 AE's making over 100 calls per day each, from required hours of 9a-6p or 7pm. Wouldn't any investor with a position (unit percentage) increase his or her position in this high-end dividend and increase their stake in the projects? Would not the current customer base purchase up the unit lots available for the particular project versus the need to call on 800 new potential investors per day?

I guess if as an investor you need a tax shelter and a capital loss to offset gains this may be just the investment you need. On the other hand if you are in this position to make money.....good luck!

Mike
Eatonville, Florida
U.S.A.