- Report: #442770
Report - Rebuttal - Arbitrate
Complaint Review: I Speedway, Blast Engine, Warehouse Direct
I Speedway, Blast Engine, Warehouse DirectInternetspeedway.com Pheniox, Arizona U.S.A.
Internet Speedway make money now. Pheniox Arizona
*UPDATE EX-employee responds: ISpeedway is a Scam
I ordered the start up material and was very impressed. Again this sounded like it was the one for me. I was contacted by a sales person who was ready to take my money (over 4000 dollars of it). I speedway created my web site and helped me get my on-line domain, loaded it with products.
I was there, so I thought. In looking through the products that was offered on line. It was mainly stuff that I could go to my local store and buy at a much cheaper price. Also there were items on there that unless your a fool with your money you would not buy on line. For instance a $7000-$10,000 dialmond ring. I guess depending on the size of your finger. Ladies swimware $450.00. Now come on, who in there right mind is going to pay that for a swim suit. Ok there may be a few but not the majority of us.
I started replacing the products with other products from Warehouse Direct. These were items that were overpriced but the average person could buy.
I made a few calles to I Speedway to see what I could do to boost my business and right away I was told about the coaching program they offer. Now get this, one time I called I was told the coaching program was $7,000, yes thats right $7,000. When my heart started beating again I informed the person that I had already invested all my savings and did not have the money for coaching. They couldnt believe I didnt have the money just sitting there waiting for them to get there hands on it. I informed the person on the other end of the line that I already invested $4000 I was not about to give them another $7,000. That conversation ended real quick.
I started to notice that the hits to my site started to drop off after that conversation. Oh let me back up a for a brief statement. I speedway did tell me in that conversation that I should advertise my website and use Ebay.
Getting back to the hits on my site. I watched this for a month. Made some listings on Ebay. Nothing. In all fairness I have to say Ebay is a good company and this artical is not meant to slam them in anyway. I made yet another phone call to I Speedway. I again was hit with the coaching scam. Now get this. The person I talked to on the phone this time told me coaching was only going to cost me $1700. Lets see $7000, now down to $1700 whats wrong with this picture. I'm no math major but I do know that is a big difference in cost. I informed the person on the phone what I was quoted before and the coversation changed quickly.
Bottom line is I had over 100,000 visits to my site without one sale. Thats right not one sale. When I closed my site I didnt even get to keep the web site I paid over $4000 to I speedway.
I would not recommend this company to anyone unless you want to loose the money you have. I would love to recoupe my money back and invest it in the lottery or a casino. I would have a better chance of making money.
This report was posted on Ripoff Report on 04/11/2009 05:24 AM and is a permanent record located here: http://www.ripoffreport.com/r/I-Speedway-Blast-Engine-Warehouse-Direct/Pheniox-Arizona/Internet-Speedway-make-money-now-Pheniox-Arizona-442770. 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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