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Report: #1529443

Complaint Review: KIBO CODE QUANTUM - Oklahoma City Oklahoma

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  • KIBO CODE QUANTUM 3710 N. Meridian Ave Oklahoma City, Oklahoma United States

KIBO CODE QUANTUM Through very carefully worded marketing, tricked my into signing up for a "guaranteed" online business Oklahoma City Oklahoma

*Author of original report: Agreed, Flint you are correct.

*General Comment: No such thing

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Since I have now spent literally THOUSANDS of dollars that I can ill afoord, and countless hours on their "learning modules" I want to be sure no one else gets taken by these con artisits.

The marketing (a sucker is born every minute, ME) purported a done for you, with some work on your part, guaranteed one time cost for lifetime access, no additional fees, proven business model.

For "only" almost $4000.00 USD, they walk you through step by step to set up an online business, that would be profitable within days. (FLAG, but I am deperate, with a wife on hospice and money flowing out faster than incoming) 

A small portion of the things they "forgot" to tell you:

You have to sit through countless (read hundreds)of hours of "training" and go to a plethora of additional steps to get set up with all of the entities they porport to be easy to do, (what happend to "done for you"?with page after page of legal documents and requirements from each entity to "meet their qualifications" eg; Wal- mart, amazon. and other online giants, (you find this out after they cash your check). Their modules are informative, but a considerable amount of information is spent marketing for more of their "products" or bragging about their success, and setting up their "done for you" area of the site. Many must be watched several times as they move extremely quickly through their "processes".

You must set-up a business- understood, but the "done for you, all inclusive" is a complete lie, and there is considerable additional cost, "$thousands"! to get a legal entity in place, and now I get to pay again to get the firm that they recommened to file "dissolution" of the entity. There are taxes that must be paid every year to the State in which the entity is formed, whether you do business, make money or not. Additionally, you must file in your State as a foreign corporation, so you can pay your state taxes, another "forgotten cost" in the "complete, done for you, lie" 

The overall program is to rip off other vendors on many sites, copy their sales and marketing, change the wording (avoid plagerism) mark their price up and market (at an additional cost) their product, buy it from them when you get an order and have them ship it to the customer that found it on your site. When the customer receives their product and realizes they paid way too much and it came from another site, you have coverage for your company by inserting verbiage in your sites "terms and conditions" a return policy that is going to cost the end consumer so much time and trouble, as well as return fees and other costs that most, if not all, will just move on. 

The rules change constantly, the Cartzy commerce site that was attached to the original "done for you, no additional cost" That was included in the "lifetime" package, Has now blocked my site and is demanding an annual sign up of almost $1000.00 USD to open me back up, (which can only be paid annually). The rules changed a year ago, and cartzy was no longer included as part of the "lifetime package" was the explanation I finally got after several e-mails (with a day wait in between each one) to both Cartzy and KIBO. Unless you signed into KIBO and watched another "module" there was no way to know this, even though they have all my contact information, and could have e-mailed, called, mailed out a letter, anything.  I unfortunately was otherwise engaged taking care of my dying wife of 34 years, and had zero time to devote to more hours of rhetoric and upsells.

Additionally, there are more ever-changing  rules to sell on the "mega sites" as listed above and on the original marketing fodder, as the site that would accept your products and make you sucessful.  Requiring page after page of legal jargon to be read and acted upon, to keep from being "blocked or suspended" from selling on these sites. It should be noted there are also fees (non-disclosed in the marketing fodder to get you to sign up for this mess) associated with sales that must be paid to the billion dollar+ sites. 

This is the tip of the iceberg. PLEASE don't fall for this SCAM, I am a fool, and although I did work through many hours of this convoluted, garbage, this is not a "done for you, no additional cost" business that is viable unless you can devote extreme time and have unlimited resources to stay in compliance.

I am disgusted with the fact that now after losing my wife and trying to pay the mountain of medical bills, I get to pay to get out of this program put together by a "den of thieves" 

Their guarantee is a joke as well, the fine print summarized : basically, spend thousands marketing a product, after spending thousands getting set-up, "Done for you, no additional fees, NOT" prove that you did this in an extremely limited amount of time and we will give your original payment back. Forget the thousands in  additional cost that you spent, the hours that you spent wading through the  modules, rhetoric and marketing during the "training" , because that is gone. 

The old adage' If it sounds to good to be true, it probably is" should have been followed by me. PLEASE DO NOT FALL FOR THIS!!!. 

 

 

 

This report was posted on Ripoff Report on 10/28/2023 06:42 AM and is a permanent record located here: https://www.ripoffreport.com/report/kibo-code-quantum/oklahoma-city-carefully-1529443. 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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REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#2 Author of original report

Agreed, Flint you are correct.

AUTHOR: Dan - (United States)

POSTED: Sunday, October 29, 2023

To start, I agree 100%. I wrote this report to warn people that the marketing "hype" that suckered me in was exactly that. I knew there would be many hours involved. Have you actually watched their marketing page? with your comments, I think not. Numerous times their pitch was that it was a training program, understood,  but it was one price, lifetime access, and a "plug in" proven model that would take only a few hours a day, if that, as they would be "holding your hand" throughout the process. In your comments you said "if you don't now what you are doing" I have had 200m P&L responsibility with over 1300 people working with me. I understand business and trusted their "no additional cost, ever" we are here to make you successful, blah blah.

I put in the hours, (Countless) as did my daughters, I spent the money to get a legal entity in place, I even engaged my accountant in the most probable tax scenarios, (more cost). I fully planned on (and knew) there would be an extreme time commitment, and did not expect overnight success, that is unrealisitic, I know this.

My post was to warn others like me, that can ill afford constant outflow of capital for the "no other cost ever" that changed to additional thousands of dollars, to be prepared and not trust or believe their rhetoric. Cartzy was included in the program, lifetime access at no additional charge. With no communication, they changed this to be almost a thousand dollars per year, and now have me locked out of my website using their cartzy, that is embeded with the Kibo program.

The website purchase (hosting) was seperate, paid by me, the registration of the entity, again seperate and paid by me, so with lifetime access to their training and Cartzy, they are locking me out of my seperately owned website, and registered business, and the support teams from both blame the other, unless I pony up an annual fee to use their Cartzy service. There are many other available companies to process payments, I shoud not be held hostage and locked out of my site. 

Again, I did what due dilligence I could, put in my time, as I could, paid the additional fees to other entities (which I am sure they are affiliates of and receive payments from), I just want access and control of my site, and the promised lifetime access to the training, so I can try to recoup the thousands that I have spent already.

I further want to make sure that no other person or entity falls for their slick marketing, now that I am living proof of the outcome of trusting their word.

Thanks for your comments, go watch the extremely long "hook" marketing, and then post what you see, unless, as I suspect, you are actually affiliated with them somehow and are trying to justify their lies and rhetoric. I still have the support e-mail where I questioned the comment made by Adian that there may be fees for cartzy in the future, I was assured that the "original members" (that included me) would not be hit with these fees, if they did come to fruition. More lies.

 

 

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#1 General Comment

No such thing

AUTHOR: Flint - (Afghanistan)

POSTED: Saturday, October 28, 2023

There is no such thing as a pre-packaged business that can just make money.  If there was, everyone would be doing it, and nobody would be making money.  If these guys had some kind of secret to running a business, they would run that business, not create another business selling "how-to" classes.  ALL get-rich-quick schemes are scams.  EVERY. SINGLE. ONE.  Most small businesses require 12+ hours of work per day with a tremendous amount of financial risk.  That is to say, starting a small business is almost never a good idea, especially if you don't know what you are doing.

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