Complaint Review: KIS Golf - Nashville Tennessee
- KIS Golf Nashville, Tennessee U.S.A.
- Phone:
- Web:
- Category: Multi Level Marketing
KIS Golf KIS investor looking for information Nashville/ Memphis Tennessee
*Consumer Suggestion: KIS Member, Employees, Investers, and Partners are banning together.
*UPDATE EX-employee responds: Answered questions
I also invested money in the Memphis store. Recently, I understand that the manager/owner of the store plans to change the name and continue running the store. This brings into question the relationship between KIS proper (for lack of a better term) and the other business locations. Right now, I am not sure if I hold a fraudulent contract. If KIS filed bankruptcy, why is the store manager in Memphis under the impression that he can operate the store? Why are the assets in Memphis not included in the bankruptcy process in Nashville? Does anyone have any insight?
K. a.
Leavenworth, Kansas
U.S.A.
This report was posted on Ripoff Report on 12/07/2008 04:57 PM and is a permanent record located here: https://www.ripoffreport.com/reports/kis-golf/nashville-tennessee/kis-golf-kis-investor-looking-for-information-nashville-memphis-tennessee-398888. 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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#2 Consumer Suggestion
KIS Member, Employees, Investers, and Partners are banning together.
AUTHOR: Member Group - (U.S.A.)
SUBMITTED: Wednesday, December 10, 2008
Please communicate with members, employees, investors, and partners regarding the upcoming information sessions regarding Bankruptcy case number 3:08-bk-10809, Kis Golf, Inc., 441 Donelson Pike, Suite 325, Nashville, TN 37214.
If you are owed monies as a member, employee, investor, and/or partner, you will want to attend one of the sessions as outlined below.
The rooms have been booked for two hours. In addition, you will have an opportunity to ask questions at the end of the session. The information session will cover three topics related to the recent bankruptcy filing of Kis Golf, Inc.
The first topic will ensure that you are provided contact information for contacting the appropriate government agencies in the upcoming days.
The second topic will be a discussion regarding the representation by a civil litigation attorney as well as the bankruptcy attorney. The attorneys have been contacted, and they are interested in the number of people and to what extent individuals have been affected by Kis Golf, Inc.
The third topic will cover financial resources. In order to cover the financial resources for legal counsel a discussion will be held regarding the opportunity to band together to share the financial cost. There will not be money collected during this meeting, nor are you committed to participate in any type of legal action.
These are information sessions only.
It will take approximately three weeks to finalize meetings at the cities wherein Kis Golf, Inc., was located.
At the end of the session, if you are interested in becoming part of civil litigation from a class action perspective and if you are also interested in representation from the Bankruptcy Attorney at the upcoming creditor's hearing, we will be requesting your contact information. There is a bankruptcy attorney in Nashville, Tennessee, who has agreed to represent any and all parties in this matter. The initial cost for his representation at this meeting is very minimal.
Once again, as a follow up to the first topic of discussion, you will also be receiving handouts regarding the procedure for getting the government agencies involved in the investigation to determine whether or not there was misappropriation of corporate assets by senior management. In order for government agencies to get involved, they will need to be contacted by each and every individual. We want to be sure to handle this in the most effective way possible.
Your attendance at one of the information sessions will ensure that you have accurate information regarding the proper protocol for moving forward in an ethical and practical manner.
Please find below the location which is secured for the meeting on Friday evening, December 12 at 6-8pm.
Holiday Inn Hotel & Suites
909 Holcomb Bridge Road
Roswell, GA 30076
Phone: 770-817-1414
I-75 N TO I-85 N VIA EXIT 251 TOWARDS GA-400. TAKE GA-400 N VIA EXIT 87 TOWARDS BUCKHEAD/CUMMING (PORTIONS TOLL). MERGE TO HOLCOMB BRIDGE RD/GA-140 W VIA EXIT 7B TOWARDS ROSWELL. HOTEL IS 4 LIGHTS ON LEFT AT INTERSECTION OF WARSAW RD.
Meetings in TN are coming.
#1 UPDATE EX-employee responds
Answered questions
AUTHOR: Lostitall - (U.S.A.)
SUBMITTED: Tuesday, December 09, 2008
This is a rebuttal we posted for another report. I'll add to it for your comments.
Just to clarify, the entire investment went to Kis Golf Inc...directly to corporate. It was specified that you would be paid based on the sales of the location in Memphis but the all of the money went to corporate.
The OWNER of the storein Memphis IS corporate just like all of the other locations.
This is how it went down....one day we're on a conference call listening to how the company is going to make it through the tough economy and the next we get a text message from another employee at a different location saying the word is Kis is filing bankruptcy. One day we have jobs and insurance coverage and two days later read about the bankruptcy online! That is NO lie.
We are the "partners" at the Memphis location. We paid in to be partners but as the contract would have it, we don't own anything except 'the rights to half the profit'.
We tried to run a business that has such a mighty potential for success and got the ball dropped on us just like everyone else.
Once we confirmed the bankruptcy had been filed by way of an attorney looking it up, we started trying to figure out how we could keep doing business. We are so very concerned about all the members here and want to do whatever we can to help them. This business does work. It is a good business WHEN it is run with honestly and integrity. Kis didn't do a good job of that and it started from the top and spilled out all over. There isn't any reason that I can see that this should have happened. I'm of the opinion that is greed and poor management of money.
The truth is there isn't anything we can do about what Kis did or didn't do. They are gone. There is no more Kis Golf.
I realize that so very many people are angry and want someone to pay or be punished. I feel like that myself. My family has lost much. If you combine the packages and investments that our immediate family put into Kis it is more than $400,000. It's gone. We want it back. We are mad. We are hurt. We are disgusted. There aren't words to describe our worries about the future but we can't focus on that. If we focus on how angry we are then we will not be productive.
If all of us stay focused on trying to punish someone we're going to stay right where we are.....furious. What will that do for us? Nothing but make us bitter people. What can we do? Well, I believe all things happen for a reason. We were able to be a part of a business that could have grown into something really great. The footprint is amazing. Had the concept been executed with honesty and integrity we'd be looking at a huge success! I believe that with all that is in me. So, shouldn't we learn from the mistakes of others? I think so. It's our plan to now go forward and make the good parts of this business plan work.
Instead of joining together to bash the company or sue someone or speculate about what really happened we need to join together and gain from this loss. Most of the people who joined, invested or bought in for a partnership did so because we believed in it. We weren't all victims of a scam. This was a business that worked and worked well for all those involved IF done the right way. Something did go wrong and it wasn't just a rough economy but we won't know what it was and it wouldn't matter if we did. The only thing we can do now is move on.
Is anyone interested in capitalizing on the failure of this company?
To specifically address your report:
1-You invested with KIS corporate and were to be paid on sales from the Memphis location. You did not invest in the Memphis store.
2-We hired an attorney to protect our name, reputation and future as soon as we found out about the bankruptcy. The owners of the building where we have been located also filed bankruptcy just the week before Kis did SO in their bankruptcy proceedings the lease between Kis and the building owners was terminated because Kis hadn't paid the rent (but they DID subtract it from our profit as though they had paid it). Kis owes us more money than the equipment in the building is worth but we are STILL going to have to pay the bank who has a lien on assets IF we want to keep it.
3-The manager of the location isn't under any impression. We immediately went to seek legal counsel. You see, we've lost far more than the amount of money an innvestment cost. This was our job....our income.....the way we feed our children. We could pack up and move out but we want to stay and try to make right what Kis did wrong. We aren't KIS but the members that joined this location mean something to us. We hope that by starting a new business we will be able to give those members what they paid Kis to give them. Why on earth would you have a problem with that? Because you are ONLY thinking of yourself and your investment. All of these families that bought a package deserve the same respect you expect. We're just trying to do what we believe is right. That's all we can do at this point.
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