ED Magedson – Founder
Brad Park - CydcorAnywhere USA and Canada Nationwide United States of America
I'm not here to make this a long winded complaint about these con artists, but I feel it needs to be known. Surely, we can slowly get the word out about the new offices that open up here and there and we can watch them slowly close down, but the root of all the problems with this company lies with the people above. These are the people who have put in 15-25 years of time with Cydcor and have not only watched but promoted the unethical practices that go on within the fake companies they put out every month.
I just want to throw some numbers out there so you can see where I'm coming from. Offices all around the country promote to new employees that they will be making 80-150K in their first years as Managers. If this was true, then how come not even 10% of the existing managers even come close to this? I personally ran an office on the Quill campaign and just by looking at the rankings for the offices you can see how the profits are few and far between.
On last weeks Quill rankings there was 59 listed offices (2 had no numbers which means they are in the process of closing down so we're actually at 57). The average office has an overhead of about 3500 a week. Only 19 of the 57 offices hit this mark which means only 33% of these offices had a chance of breaking even or profiting for the week. Of the top 5 offices 2 are in NYC, 1 in LA, 1 in Orange, CA, and 1 in Sacramento, CA. These are pretty darn expensive markets and therefore their overhead is probably double the average and therefore lessening these fictional profit margins that they will attempt to brag about.
Of the 57 offices, 20 didn't even crack the 2000 mark for the week which means they are losing a ton of cash very fast. That's 35% of Cydcor owners on the campaign losing $1000 or more a week. Where is this mystical land of opportunity these people speak of?
Now my reasoning for mentioning the names above is more based on the consulting they give. They will tell you how you should preach honesty and integrity at public functions as to give the new guys an impression that they are involved with an organization based on values and integrity. A few days later you will be on a conference call with one of these people and they will start giving the real advice about how you should treat the members of your office. How the opportunity will not be for everybody, however for those that you know will never have it, still preach it. I admit, some of it makes some logical sense based on the type of work it is, however, no reputable company acts in this manor. When they meet your crew they will tell you exactly who should be making it and not and they will expect you to follow their orders or you will lose your ICL (not cause you went out of business, cause they will take it away from you).
Brad Park is one of the evilest men you will meet out there and he will put on his best good Canadian boy act for you, but you people have to see through it. The rest of the list are his direct spawns and though they all will differ in their deliveries of the message, it's all coming from the man himself.
I honestly feel bad for all the current ICL owners who are convinced that they are running their own companies just because you signed some incorporation papers with your state. That is not what being a business owner is about, it's about running a business your way. Can somebody give me another example of a business owner who still has a boss? Stay away from anything you come across dealing with the above mentioned people, it's bad news.
Before I end this, I hope all you people filing reports are aware that getting the word out has been working. About a year ago Cydcor was celebrating the opening of their 200th office, now based on the numbers in the last issue of the Leader (formerly Cydcor Times) Cydcor is now down to 160. Many reports say that every year Cydcor opens 100 offices and closes 95, this is no longer the case. It looks like it's finally turned, they opened 100 and closed 140, at this pace we can save the many poor souls that Cydcor is already eying to dupe sooner than later.
This report was posted on Ripoff Report on 05/26/2010 01:47 AM and is a permanent record located here: http://www.ripoffreport.com/r/Brad-Park-Cydcor/nationwide/Brad-Park-Cydcor-John-Wiggins-Brandie-Rucks-Julie-Edmonds-Matt-Osborne-Jamie-Hepp-R-607320. 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.
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