ED Magedson – Founder
SpeedlingscamInternet United States of America
Adam this is not an attempt to destroy your character. For all I know perhaps you did have good intentions. But here is my experience.
Initially I heard of this program when you introduced it through Trump University. I heard of the money back guarantee and saw that once you created a site, money was just pouring in, ok.. so it was only .40 cents here, .12 there, but still coming in nonetheless. After buying the program for $6000 + Trumps fee of $900 more for making installment payments I learned that Id have to keep buying and making websites for an entire year to qualify for for the guarantee of what I originally paid for the package, well, that would be well over my original cost.
Also, initially Adam, you have said it is a set it and forget it program. Please swear on your childrens heads that you never said this. But after working with the product and during webinars now, you change the story to having to keep up with the new internet rules, therefore the previous weeks instructions dont apply. Ok, if that is the case, then let me change my domain names to match the new rules.. oh wait.. I cannot. Hmmm so if now I have to have domain names called pool-tables.com whereas I was told pooltables.net was recommended then isnt that considered a sunk cost? I am not able to recover that domain credit which I paid for and followed your advice to a T.
Also, I did not pay $6000 for an education system, I paid for a product which you said would make me money. For a while I had not seen any money come in, I was asked to wait for at least 3 months to see any revenue come in for the site to get picked up by the search engines.. Pretty swift. Then, as I was modifying my own sites I accidently clicked on Google Adsense links, I saw some revenue coming in ( 3 cents or so). . but it was because I was clicking on my own links. Not from visitors.
So now I am stuck with a bunch of dead domains that dont qualify for todays standards. I would have to buy more domains from Speedlings (importing my own domains from a different registrar has its limitations (15 a month). But then after a while, those domain names would not qualify either.
Also I loved your marketing scam to create a contest to see who can create the most sites.. what did they get? More domain credits. Guess what, this just makes more money for you.
Now when I log in, you created a marketplace for auctioning my domains and a suggested value for these domains. There is no actual value, and I can only wish to recover the $1000+ dollars that you claim these sites are worth, at least I will get back ~12% of my initial cost.
Adam if you are a man of your word, and for the Karma of your children, give back this money and stop scamming people of their hard earned money and trust in society.
Also, everything is moderated on the site once you log on, no one is allowed to write anything negative. Also all of the Speedlings 'promotor' sites are moderated as well.. good luck finding anything negative there as well.
p.s. I would be luck to have made $2 from my 30 websites which have are over 90 days old.
I hope this helps you save money that since I didn't get this advice before signing up.
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This report was posted on Ripoff Report on 09/07/2010 02:10 PM and is a permanent record located here: http://www.ripoffreport.com/reports/speedlingscam/internet/speedlingscam-speedlings-is-a-scam-beware-internet-638445. 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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