Complaint Review: Nouveau Tech Secret Society - Henderson Nevada
- Nouveau Tech Secret Society
2435 W. Horizon Ridge Pkwy
- Phone: 702-891-0302
- Category: Multi Level Marketing
Nouveau Tech Secret Society Nouveau Tech is a Multi-Level Marketing Scheme Henderson Nevada
*Consumer Comment: Neo-Tech Cuts through Subtle Deceptions
*Consumer Comment: It's Not True, Neo-Tech is not about being an MLM. Neo-Tech is about Making All The People Rich Including The Poor!
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The President of the company is Wallace H. Ward, but he goes under the fictional name Mark Hamilton. He has a long history of lying to people to sell books.
The company (operating under the name Neo Tech Publishing) recently had it's membership revoked at the Better Business Bureau of Southern Nevada due to false advertising.
Here are parts of a letter that "Mark" put on the internet concerning his Multi-Level Marketing scheme:
To: Level Four Apprentices
From: Mark Hamilton
Re: Level-Four Follow Up
Network Marketing Opportunity:
Hello apprentices. For your network marketing opportunity, I have dropped the $350 initiation fee. So, instead of trying to make a $450 sell in your Introduction Meeting, you will only need to make a $100 sell.
Moreover, I have decided that the ongoing burden placed on a member to pay half his dues to royalties is too great beyond the first year. Therefore, the royalty period, during which NT splits the $100 with you 50/50, will last for a new member's first year only. After the first 12 months, the member's dues drop in half, from $100 per month down to a more affordable $50 per month, for the royalty paid out ends. That makes the Society of Secrets membership much more affordable to everyone.
The first year, the $100 per month will seem like a bargain, however, and you will play a big role in that. You see, part of your role and success will come through holding workshops to help new members with the material in their heirloom packages.
Here is the exciting part: I have about thirty-five thousand Neo-Tech members who are just like you - searchers - who purchased and read all three Heirloom packages. I could send them a letter tomorrow and eighty percent of them would be here with you, subscribed to the web site and moving on the Network Marketing Opportunity and the Political Opportunity.
Instead, I have saved them for those of you who really take a serious, active role in the Network Marketing Opportunity. For those of you who initiate, plan, create, prepare, practice, and actualize the Introduction Meetings, the Workshop Meetings, and the Clubhouse Meetings . . . I will pour more and more of those energized Neo-Tech Members into YOUR down line!
So . . . according to "Mark", the cost of joining this Multi-Level Marketing scheme is $100 per month. And that doesn't count the cost of buying the books in the first place. So that's over $1,200 for the first year. And Mark keeps half the money for himself. (when somebody pays $100 per month, he keeps $50.)
Not only that, but he's only giving certain people positions at the top of this pyramid scheme. He's not doing it fairly by giving the opportunity to all 35,000 Neo-Tech Members at the same time.
The person who is really making money off of this is Mark Hamilton and his special hand-picked members.
I looked up Multi-Level Marketing on Wikipedia, and it said, "Fewer than 1% of all members actually show any type of return, and the actual owners of these MLM, their executives, and a handful of the people who started the company fron the beginning actually make money."
So please don't become another victim. The best thing to do is to avoid dealing with Mark Hamilton and his MLM scheme.
To see the entire letter that I mentioned above, please go to Wikipedia and type in "Integrated Management Associates". It is in the external links section.
This report was posted on Ripoff Report on 09/23/2007 03:01 PM and is a permanent record located here: https://www.ripoffreport.com/reports/nouveau-tech-secret-society/henderson-nevada-89052/nouveau-tech-secret-society-nouveau-tech-is-a-multi-level-marketing-scheme-henderson-nevad-275774. 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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