<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:georss='http://www.georss.org/georss'><id>tag:blogger.com,1999:blog-8900019123131822630</id><updated>2009-10-06T17:54:42.221-07:00</updated><title type='text'>YTB Travel News</title><subtitle type='html'></subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><link rel='next' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default?start-index=26&amp;max-results=25'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>36</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-4652004297242394149</id><published>2009-08-21T05:33:00.000-07:00</published><updated>2009-09-06T06:52:48.954-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='floyd j. williams'/><category scheme='http://www.blogger.com/atom/ns#' term='lloyd tomer'/><category scheme='http://www.blogger.com/atom/ns#' term='johnclagg'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='andy cauthen'/><category scheme='http://www.blogger.com/atom/ns#' term='scott tomer'/><category scheme='http://www.blogger.com/atom/ns#' term='the company'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb directors'/><category scheme='http://www.blogger.com/atom/ns#' term='spencer w. iverson'/><category scheme='http://www.blogger.com/atom/ns#' term='kim sorenson'/><title type='text'>More YTB Travel International Directors exit stage "LEFT"</title><content type='html'>Hot off the &lt;span style="font-weight:bold;"&gt;ytbtravelnews&lt;/span&gt; press it appears that two more of &lt;span style="font-weight:bold;"&gt;yourtravelbiz.com&lt;/span&gt; top Directors have come to the EDUCATED conclusion that in light of all the &lt;span style="font-weight:bold;"&gt;YTB sandals &lt;/span&gt;that being involved with &lt;span style="font-weight:bold;"&gt;yourtravelbiz.com&lt;/span&gt; is no longer worth the &lt;span style="font-weight:bold;"&gt;HEADACHE&lt;/span&gt; and have issued a statement of resignation to&lt;span style="font-weight:bold;"&gt; yourtravelbiz.com&lt;/span&gt;.&lt;br /&gt;&lt;br /&gt;   It appears that Floyd J. Williams and Spencer W. Iverson, JD a pair of &lt;span style="font-weight:bold;"&gt;yourtravelbiz.com &lt;/span&gt;TOP money earners and &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt;'s Circle of Champion Members are now calling it quits with &lt;span style="font-weight:bold;"&gt;YTB international,yourtravelbiz.com, The Company&lt;/span&gt; or whatever &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt;&lt;br /&gt;is now calling themselves these day and are hoping that the effectiveness of &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt;,&lt;span style="font-weight:bold;"&gt; Yourtravelbiz.com&lt;/span&gt;, &lt;span style="font-weight:bold;"&gt;YTB International&lt;/span&gt; or whatever they are calling themselves these day "Bill of Rights" will hold TRUE.&lt;br /&gt;&lt;br /&gt;  In a statement prepared by King &amp; Spalding, Atlanta, GA office; attachments&lt;br /&gt;Christopher S. Prince, Counsel to&lt;span style="font-weight:bold;"&gt; YTB Founders&lt;/span&gt;, &lt;span style="font-weight:bold;"&gt;J. Lloyd “Coach” Tomer, Scott Tomer, Kim Sorenson, John Clagg&lt;/span&gt; and &lt;span style="font-weight:bold;"&gt;Andy Cauthen&lt;/span&gt; Mr. Williams and Mr. Iverson  are denouncing their Directorships with &lt;span style="font-weight:bold;"&gt;yourtravelbiz.com&lt;/span&gt; effective immediately as issued from their attorney the statement reads as the following:&lt;br /&gt;&lt;br /&gt;&lt;blockquote&gt; To: &lt;span style="font-weight:bold;"&gt;J. Lloyd “Coach” Tomer, Scott Tomer, Kim Sorenson, John Clagg and Andy Cauthen&lt;/span&gt;&lt;br /&gt;From: &lt;span style="font-weight:bold;"&gt;Floyd J. Williams and Spencer W. Iverson, JD&lt;/span&gt;&lt;br /&gt;Re: &lt;span style="font-weight:bold;"&gt;Termination of Directorship&lt;/span&gt;&lt;br /&gt;August 14th, 2009&lt;br /&gt;&lt;br /&gt;Coach, Scott and Kim,&lt;br /&gt;&lt;br /&gt;Over the past few weeks, we have had to make probably one of the most difficult decisions of our professional lives. Effective as of Friday, August 14th, 2009, we, Floyd J. Williams and Spencer W. Iverson tender the termination of our Directorship in &lt;span style="font-weight:bold;"&gt;YTB International&lt;/span&gt;.&lt;br /&gt;&lt;br /&gt;It really would serve no constructive purpose to enumerate the myriad of reasons why we have been forced to come to this decision after much prayer, conversations with our families and consultation. Our time spent with you, the founders of &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt;, the incredible relationships that we have developed and maintain with the home office staff and the professional bond we have created with our former fellow Directors will never be forgotten. We thank you for an incredible experience.&lt;br /&gt;&lt;br /&gt;We have proudly built one of the strongest, award-winning organizations in the company’s history and helped to cultivate many outstanding leaders. We have served as proud ambassadors for &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; both domestically and abroad. It is not our intention, in anyway, to disparage or speak ill of &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt;’s founders and staff during or following our departure. It is not our intention to cause economic harm to a company that has so enlightened and enriched our lives. We trust that the same respect is reciprocated as we move on to other opportunities.&lt;br /&gt;&lt;br /&gt;Pursuant to the Preamble of the &lt;span style="font-weight:bold;"&gt;YTB Bill of Rights&lt;/span&gt; which concludes;&lt;br /&gt;&lt;br /&gt;“...&lt;span style="font-weight:bold;"&gt;YourTravelBiz.com&lt;/span&gt;, shall keep the promise to its Independent Marketing Representative of uninterrupted residual commissions.”&lt;br /&gt;&lt;br /&gt;we trust that this is honored. &lt;span style="font-weight:bold;"&gt;The Bill of Rights &lt;/span&gt;further provides:&lt;br /&gt;&lt;br /&gt;4. So long as they are commission qualified pursuant to the &lt;span style="font-weight:bold;"&gt;YourTravelBiz.com &lt;/span&gt;Compensation Plan, present and future Independent Marketing Representatives of &lt;span style="font-weight:bold;"&gt;YourTravelBiz.com&lt;/span&gt; shall be deemed to have fully and unconditionally earned all residual commissions upon the monthly revenues paid by RTAs established by themselves and by Independent Marketing Representatives in their commissionable downline, subject only to future monthly payments being made by the &lt;span style="font-weight:bold;"&gt;RTA&lt;/span&gt;s commissionable to them.&lt;br /&gt;&lt;br /&gt;5. No present or future Independent Marketing Representative of &lt;span style="font-weight:bold;"&gt;YourTravelBiz.com&lt;/span&gt; may be divested of the foregoing right to receive residual commissions except upon the voluntary termination of their Independent Marketing Representative status, or their involuntary termination as a Independent Marketing Representative for cause and pursuant to the procedures of &lt;span style="font-weight:bold;"&gt;YourTravelBiz.com&lt;/span&gt; in connection with the involuntary termination of Independent Marketing Representative status for cause.&lt;br /&gt;&lt;br /&gt;Thus, we are only terminating our positions as Directors and will maintain our IMR status. We are proud of the professional and ethical manner in which we have built our respective organizations and are confident that we have not “divested” ourselves of our rights to continue to receive our residual commissions. Further, we will not&lt;br /&gt;personally sponsor anyone that we did not personally recruit into &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt;. We again reiterate that it is our intention to maintain our status as TSO’s, paying our $49.95 monthly fee(s) for each of our currently active and existing sites.&lt;br /&gt;&lt;br /&gt;Further, pursuant to the Preamble of the First Amendment of the of &lt;span style="font-weight:bold;"&gt;Bill of Rights &lt;/span&gt;which states in part:&lt;br /&gt;&lt;br /&gt;WHEREAS, &lt;span style="font-weight:bold;"&gt;YourTravelBiz.com&lt;/span&gt;, Inc. is desirous of extending the protection of the Bill of Rights to include &lt;span style="font-weight:bold;"&gt;PowerTeam and Dream Team&lt;/span&gt; commissions, 50% commission match, bonuses and overrides pursuant to the YourTravelBiz.com Independent Marketing Representative Compensation Plan as published and in effect as of August 1, 2007.&lt;br /&gt;&lt;br /&gt;And further provides;&lt;br /&gt;&lt;br /&gt;4. So as long as they are commission qualified pursuant to the &lt;span style="font-weight:bold;"&gt;YourTravelBiz.com &lt;/span&gt;Compensation Plan, present and future Reps of YourTravelBiz.com shall be deemed to have fully and unconditionally earned &lt;span style="font-weight:bold;"&gt;PowerTeam and Dream Team&lt;/span&gt; commissions, 50% commission match, bonuses and overrides on the enrollment of new referring travel agents (RTAS) by them and Reps in their&lt;span style="font-weight:bold;"&gt; PowerTeam and Dream Team&lt;/span&gt; commissionable &lt;span style="font-weight:bold;"&gt;PowerTeam and Dream Team&lt;/span&gt; downlines, subject only to future &lt;span style="font-weight:bold;"&gt;RTA&lt;/span&gt; initial license purchases being made by&lt;span style="font-weight:bold;"&gt; RTAs&lt;/span&gt;.&lt;br /&gt;&lt;br /&gt;5. No present or future Rep of &lt;span style="font-weight:bold;"&gt;YourTravelBiz.com &lt;/span&gt;may be divested of the foregoing right to receive &lt;span style="font-weight:bold;"&gt;PowerTeam and Dream Team &lt;/span&gt;commissions, 50% commission match, bonuses and overrides except upon the voluntary termination of their Rep status, or their involuntary termination as an Independent Marketing Representative for cause and pursuant to the procedures of &lt;span style="font-weight:bold;"&gt;YourTravelBiz.com &lt;/span&gt;in connection with the involuntary termination of an Rep status for cause.&lt;br /&gt;&lt;br /&gt;Thus, we also anticipate the honoring of this First Amendment and the protections to “&lt;span style="font-weight:bold;"&gt;PowerTeam and Dream Team&lt;/span&gt; commissions, 50% commission match, bonuses and overrides...” it affords us by &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; and that no involuntary manipulation of our respective downlines, including, but not limited to, the removal, adjustment, transfer or placement of REPs, Associates, TSOs and/or RTAs into other organizations in our&lt;br /&gt;uplines, downlines or other organizations not in our hierarchy.&lt;br /&gt;&lt;br /&gt;We leave &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; with no fiscal indebtedness, only a debt of gratitude for the opportunity to further develop as leaders. We hope that&lt;span style="font-weight:bold;"&gt; YTB&lt;/span&gt; does, in fact, reach its goal of creating 10,000 millionaires&lt;br /&gt;and becomes a major force in the marketplace for internet travel sales and retail distribution.&lt;br /&gt;&lt;br /&gt;Again, thank you for the lasting memories and the journey to success.&lt;br /&gt;&lt;br /&gt;Sincerely,&lt;br /&gt;&lt;br /&gt;Floyd J. Williams&lt;br /&gt;&lt;br /&gt;Spencer W. Iverson, JD&lt;br /&gt;&lt;br /&gt;cc: King &amp; Spalding, Atlanta, GA office; attachments&lt;br /&gt;Christopher S. Prince, Counsel&lt;br /&gt;&lt;br /&gt;      &lt;br /&gt;&lt;blockquote&gt;&lt;blockquote&gt;&lt;/blockquote&gt;&lt;/blockquote&gt;&lt;/blockquote&gt;&lt;br /&gt;&lt;br /&gt;other sources: MLMs and Travel.&lt;br /&gt;&lt;br /&gt;For more information contact:&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel/Televerus Cell Phones &lt;/span&gt;&lt;br /&gt;225-590-7700&lt;br /&gt;1-800-781-3254&lt;br /&gt;1-877-744-3431&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-4652004297242394149?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/4652004297242394149/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=4652004297242394149' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/4652004297242394149'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/4652004297242394149'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2009/08/more-ytb-directors-exit-stage-right.html' title='More YTB Travel International Directors exit stage &quot;LEFT&quot;'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-3410191984626227190</id><published>2009-05-20T07:35:00.000-07:00</published><updated>2009-09-01T16:53:34.447-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='the Securities and Exchange Commission (SEC)'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONAL'/><category scheme='http://www.blogger.com/atom/ns#' term='the company'/><category scheme='http://www.blogger.com/atom/ns#' term='cancellations'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB california lawsuit'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='California Attorney General'/><title type='text'>YTB's Survival questioned after a net loss of $1.9 million</title><content type='html'>&lt;span style="font-weight:bold;"&gt;YTB International &lt;/span&gt;reported a net loss from operations for the first quarter of 2009 of $1.9 million. In its first-quarter report to &lt;span style="font-weight:bold;"&gt;the Securities and Exchange Commission (SEC)&lt;/span&gt;, &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; said that negative current economic conditions and other factors have led to a fall off in the number of active Travel Site Owners (TSOs) in YTB. Net revenues totaled $21.8 million in the first quarter of 2009 compared to $42.7 million in the first quarter of 2008.&lt;br /&gt;&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; said the number of active TSOs has declined during the quarter ending March 31 by a net loss of 18,582 to 73,801 active TSOs from the 92,383 reported as of December 31, 2008. TSOs were formerly known as &lt;span style="font-weight:bold;"&gt;Referring Travel Agents &lt;/span&gt;(RTAs), most of whom work from their homes.&lt;br /&gt;&lt;br /&gt;“&lt;span style="font-weight:bold;"&gt;The Company&lt;/span&gt; is also defending against two cases challenging the legality of its network marketing program," &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; said in its report to the &lt;span style="font-weight:bold;"&gt;SEC&lt;/span&gt;. "Litigation claims can be expensive and time consuming to bring and defend against and could result in settlements or damages that could significantly affect financial results.&lt;br /&gt;&lt;br /&gt;“&lt;span style="font-weight:bold;"&gt;The Company&lt;/span&gt;’s loss from operations, declining active TSO count, working capital deficiency, uncertainties surrounding &lt;span style="font-weight:bold;"&gt;the Company&lt;/span&gt;’s pending litigation, and the general downturn in the economy raise substantial doubt about&lt;span style="font-weight:bold;"&gt; the Company&lt;/span&gt;’s ability to continue as a going concern,” the report continued.&lt;br /&gt;&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; said it had taken action to ensure that the company will survive, including a consultant to provide recommendations to the Board on cost structure, compliance and other matters to improve overall profitability.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;For more information contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel/ Televerus Cell Phones&lt;/span&gt;&lt;br /&gt;1-800-781-3254&lt;br /&gt;1-877-744-3431&lt;br /&gt;225-590-7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-3410191984626227190?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/3410191984626227190/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=3410191984626227190' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/3410191984626227190'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/3410191984626227190'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2009/05/ytbs-survival-questioned-after-net-loss.html' title='YTB&apos;s Survival questioned after a net loss of $1.9 million'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-7129844851442600430</id><published>2009-05-17T15:20:00.003-07:00</published><updated>2009-09-01T16:55:26.291-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel Scam'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONAL'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb troubles'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB california lawsuit'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel Problems'/><title type='text'>$1 MILLION Fine handed out to YTB</title><content type='html'>&lt;span style="font-weight:bold;"&gt;YTB Travel News&lt;/span&gt;: As reported by Elizabet Donald:WOOD RIVER -- Illinois has filed a lawsuit against the &lt;span style="font-weight:bold;"&gt;YourTravelBiz&lt;/span&gt; company and California has leveled a $1 million fine against it.&lt;br /&gt;&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;The company&lt;/span&gt; and its officers face litigation from Illinois Attorney General Lisa Madigan, according to spokesman Natalie Bauer.&lt;br /&gt;&lt;br /&gt;Jonathan Quinn, an attorney for &lt;span style="font-weight:bold;"&gt;YourTravelBiz&lt;/span&gt;, said the company does not have a comment at this time on the Illinois complaint. "We have not been formally served, and when we are we will review the complaint and be in a position to comment," he said.&lt;br /&gt;&lt;br /&gt;According to the Illinois complaint filed against &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; on Thursday, the company charged its clients a $450 initial fee plus $50 a month to purchase a travel Web site. The suit alleges that the company misled their clients as to the commissions they received, that advertising showed there was no cost to join. Calling it a pyramid scheme, the complaint alleges that the real money came from referring others to join &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; instead of the travel sales themselves.&lt;br /&gt;&lt;br /&gt;According to the suit, the average representative earned about $114 a year, while executives made millions. Madigan alleges that the company violated the Consumer Fraud Act and Uniform Deceptive Trade Practices Act.&lt;br /&gt;&lt;br /&gt;This comes after&lt;span style="font-weight:bold;"&gt; California's lawsuit&lt;/span&gt; against &lt;span style="font-weight:bold;"&gt;the company&lt;/span&gt; was settled for a $1 million fine on Thursday.&lt;br /&gt;&lt;br /&gt;Also, &lt;span style="font-weight:bold;"&gt;the company &lt;/span&gt;faces a federal class-action lawsuit from former customers.&lt;br /&gt;&lt;br /&gt;The class-action suit, filed last year on behalf of more than 1,000 people who participated in the &lt;span style="font-weight:bold;"&gt;YTB &lt;/span&gt;system, seeks more than $100 million in damages.&lt;br /&gt;&lt;br /&gt;For more information contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and Televerus Cell Phones&lt;/span&gt;&lt;br /&gt;1-800-781-3254&lt;br /&gt;1-877-744-3431&lt;br /&gt;225-590-7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-7129844851442600430?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/7129844851442600430/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=7129844851442600430' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7129844851442600430'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7129844851442600430'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2009/05/1-million-fine-handed-out-to-ytb.html' title='$1 MILLION Fine handed out to YTB'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-5915676242455323273</id><published>2009-01-31T05:07:00.000-08:00</published><updated>2009-09-01T16:57:26.403-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb cancellations'/><category scheme='http://www.blogger.com/atom/ns#' term='NCL'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='Norwegian Cruise'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONALInc'/><title type='text'>YTB starts the year off on the WRONG foot again</title><content type='html'>&lt;span style="font-weight:bold;"&gt;YTBTRAVELNEWS&lt;/span&gt;(press release): It has come to my attention that&lt;span style="font-weight:bold;"&gt; YTB Travel Inc.,"The Company", Yourtravelbiz.com&lt;/span&gt; or whatever entity that this travel company goes by these day has ones again been drop by another cruise line vendor that makes it what.... it's third(&lt;span style="font-weight:bold;"&gt;Royal Caribbean, Celebrity and Azamara &lt;/span&gt;) one in the past few years.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;  Happy New Years &lt;span style="font-weight:bold;"&gt;YTB Travel Inc.&lt;/span&gt; However, your services are know longer needed. It has been reported that Norwegian Cruise Line or NCL has made an &lt;a href="http://www.travelpulse.com/Resources/Editorial.aspx?n=51104"&gt; EDUCATED DECISION&lt;/a&gt; to cut it's ties with &lt;span style="font-weight:bold;"&gt;YTB Travel Company Inc&lt;/span&gt;.,&lt;span style="font-weight:bold;"&gt;"The Company"&lt;/span&gt; or &lt;span style="font-weight:bold;"&gt;Yourtravelbiz.com&lt;/span&gt;.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.877.744.3431&lt;br /&gt;225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-5915676242455323273?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/5915676242455323273/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=5915676242455323273' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/5915676242455323273'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/5915676242455323273'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2009/01/ytb-starts-year-off-on-wrong-foot-again.html' title='YTB starts the year off on the WRONG foot again'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-1971566950168586826</id><published>2008-11-26T07:35:00.000-08:00</published><updated>2008-11-26T08:17:08.267-08:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='YTB Magazines'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONAL'/><category scheme='http://www.blogger.com/atom/ns#' term='craigslist'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONALInc'/><title type='text'>YTB Travel International Inc. the Joke of Craigslist</title><content type='html'>&lt;span style="font-weight:bold;"&gt;YTBTRAVELNEWS&lt;/span&gt;(press release):  It has been brought to my attention by a close friend&lt;br /&gt;that&lt;span style="font-weight:bold;"&gt; YTB Travel International Inc.&lt;/span&gt; has become the joke of &lt;span style="font-weight:bold;"&gt;Craigslist&lt;/span&gt;. And are quickly showing that&lt;span style="font-weight:bold;"&gt; YTB Travel International Inc.&lt;/span&gt; isn't as RECESSION PROOF as Coach and the GANG would like to have everyone thinking they are Then "IF" this the case "WHY" are there ads being posted like the following one found by MLMs and Travel.&lt;br /&gt;&lt;br /&gt;   &lt;blockquote&gt;11/21/2008&lt;br /&gt;   &lt;a href= "http://denver.craigslist.org/bfs/928657652.html"&gt;Travel Domain Name and &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; 2008 Success Magazines&lt;/a&gt;&lt;br /&gt;    Are you in the Travel Business or with &lt;span style="font-weight:bold;"&gt;YTB &lt;/span&gt;and need a domain name? We would like to sell our name www.TravelersHope.com to you if you are interested. Please contact us and we can get you more specifics and talk price.We also have 20 &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; 2008 Success Magazines if you could use these for your YTB business. I am willing to sell them for $75 or obo. These would be for pick-up and cash only.&lt;br /&gt;    Thanks! &lt;br /&gt;&lt;br /&gt;Oh oh.  Seems that &lt;span style="font-weight:bold;"&gt;&lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt;&lt;/span&gt; is not too recession proof in Denver if they are selling the domain and magazines for $75 or best offer.&lt;br /&gt;&lt;br /&gt;    10/29/2008&lt;br /&gt;    &lt;a href="http://kansascity.craigslist.org/biz/898871677.html"&gt;YTB Marketing Materials For Sale (KC, MO)&lt;/a&gt;&lt;br /&gt;    Hello, I have many &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; Marketing Materials that I would like to sell for less than I paid. I hate to throw them away when someone else could use them. You must be able to pick them up. The list is below, make offer, will not separate must take them all.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;    &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; INVENTORY&lt;br /&gt;    Quantity Items&lt;br /&gt;    123 Magazines&lt;br /&gt;    6 Leaders Bulletin-Vol 1 No 1&lt;br /&gt;    23 Leaders Bulletin-Vol 1 No 3&lt;br /&gt;    49 Leaders Bulletin-Vol 1 No 4&lt;br /&gt;    49 Leaders Bulletin-Vol 1 No 5&lt;br /&gt;    24 Leaders Bulletin-Vol 1 No 7&lt;br /&gt;    19 Coach's Playbook&lt;br /&gt;    56 8x10 &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; International Turning Fun into Fortune Brochure&lt;br /&gt;    50 What's Missing From This Picture Brochure&lt;br /&gt;    50 American Destinations Brochure&lt;br /&gt;    49 The Ticket to Your Future Brochure&lt;br /&gt;    123 Grand Opening Postcards&lt;br /&gt;    Your Travel Biz Guarantees Brochure&lt;br /&gt;    15 8x10 Signs&lt;br /&gt;    100 Free Travel Vouchers to give away&lt;br /&gt;    Total Cost $770.01&lt;br /&gt;    Thanks for looking and good luck with&lt;span style="font-weight:bold;"&gt; YTB&lt;/span&gt;. &lt;br /&gt;&lt;br /&gt;Ouch, seems Kansas City also did not get the email from Coach about how recession proof the business is. And this looks like someone that was serious about the business. Look at that inventory list. And in case the person who placed the ad is reading, I am sure for your $770.01 Coach will send you a nice Christmas card.&lt;br /&gt;&lt;br /&gt;    10/22/2008&lt;br /&gt;  &lt;a href "http://orlando.craigslist.org/bks/889217244.html"&gt; &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; Success Home Magazines, DVD, travel vouchers &amp; more for sale&lt;/a&gt;&lt;br /&gt;    hi I have all this stuff from &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; for sale or trade ( ipod touch 8GB for my son)&lt;br /&gt;    * (14) 2007 &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; Success from Home magazines 12 with dvd&lt;br /&gt;    * (5) Coach’s Playbook DVD’s.&lt;br /&gt;    * (5) Circle of Champions DVD.&lt;br /&gt;    * (118) What missing from this picture ? YOU .&lt;br /&gt;    * ( 10) Travel vouchers.&lt;br /&gt;    *(199) &lt;span style="font-weight:bold;"&gt;Your travel biz &lt;/span&gt;the ticket to your future&lt;br /&gt;    RETAIL VALUE: $234.90&lt;br /&gt;    (not including shipping). if you have any question please let me know ,thanks &lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Orlando too? This cannot be. Coach and Scott promised it was recession proof!  What the hell is going on here?&lt;br /&gt;&lt;br /&gt;    11/15/2008&lt;br /&gt;   &lt;a href"http://tampa.craigslist.org/pnl/zip/920033703.html"&gt; &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; Success from Home magazines with CD&lt;/a&gt;&lt;br /&gt;    i have 24 copies of the January 2007 issue of Success from Home featuring &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt;. These magazines come with the CD-Rom for this travel business. Those of you in the industry know about this. These are FREE. If they are not picked up within a week, they are going to the recycle trash. Serious inquiries can call me at 727-742-2119.&lt;br /&gt;    p.s. if i know you are coming, i can put them out under the covered front porch overhang, so there is no need to set up special times.&lt;br /&gt;&lt;br /&gt;It's no better in Tampa. But I am not so sure how valuable a two year old magazine is?  But apparently the advertiser knows, they are intending to toss them in the trash.  What is a "serious inquiry" about something you are planning on tossing away? I believe that Coach would not be happy!&lt;br /&gt;&lt;br /&gt;    10/28/2008&lt;br /&gt;   &lt;a href="http://denver.craigslist.org/bfs/897052111.html"&gt;&lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; Success From Home Magazines - $50&lt;/a&gt;&lt;br /&gt;    We are selling 28 &lt;span style="font-weight:bold;"&gt;YTB(Your Travel Biz)&lt;/span&gt; Success From Home Magazines. They are the 2007 Edition. 25 have never been used, 3 are in ok condition. We are selling them for 1/2 the price of what you will pay on the&lt;span style="font-weight:bold;"&gt; YTB&lt;/span&gt; website (for 25 Magazines).&lt;br /&gt;    On the &lt;span style="font-weight:bold;"&gt;YTB &lt;/span&gt;Website (25 magazines) ~ $99 + $17 S&amp;H&lt;br /&gt;    We are selling them for $50! &lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Denver again. Boy Coach needs to send out more of those Recession Proof CDs. There are entirely too many RTAs and Reps that are unaware of this new unique to &lt;span style="font-weight:bold;"&gt;YTB&lt;/span&gt; program. This guy is even trying to sell his "slightly used" 2-year old &lt;span style="font-weight:bold;"&gt;YTB Magazines&lt;/span&gt;. And we are not even going to address in how they were used--you can use your imagination.&lt;br /&gt;&lt;/blockquote&gt;&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;TraVerus Travel&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-1971566950168586826?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/1971566950168586826/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=1971566950168586826' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/1971566950168586826'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/1971566950168586826'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/11/ytb-travel-international-inc-joke-of.html' title='YTB Travel International Inc. the Joke of Craigslist'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-2309881994570167887</id><published>2008-11-17T05:56:00.000-08:00</published><updated>2009-09-01T16:59:16.126-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel International Inc.'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONAL'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='Traverus Travel'/><title type='text'>YTB sells administrative offices?</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;:  Sources states that &lt;strong&gt;YTB Travel International &lt;/strong&gt;is selling their admininstrative offices. Somehow I knew that it wouldn't be long before this would be happening after the lay off of their adminstrative staff a few months ago. And just like than &lt;strong&gt;YTB Travel &lt;/strong&gt;continues to say that there's nothing wrong. Here is information that has be noted on MLM'S And Travel site that has made this fact known to all. &lt;br /&gt;&lt;blockquote&gt;We need to wait a few more days for the &lt;strong&gt;YTB Travel International &lt;/strong&gt;or &lt;strong&gt;yourtravelbiz.com &lt;/strong&gt;10-Q filing, but it appears that they need to raise some cash. According to this 8-K filing, YTB is selling its property at 1 Country Club View in Edwardsville, IL. The property is being sold to Prestige Management Services, LLC for $1.5 million. This is the same property that&lt;strong&gt; YTB Travel International&lt;/strong&gt; acquired a little more than a year ago, and according to this 8-K filing paid $1.85 million for.&lt;br /&gt;&lt;br /&gt;The current sale is not only for the building and land, but also "All office equipment to remain with building to include: Cubicles, Chairs, Desk, Tables, Break Room Equipment. Sellers may leave or take Phone system." Computers and Computer Systems are excluded. Further, the buyer has taken an option to purchase 600 Country Club View at any time within 12 months of the closing of this sale.&lt;br /&gt;&lt;br /&gt;This means that &lt;strong&gt;YTB Travel International &lt;/strong&gt;is losing $350,000 on the sale, plus the cost of the equipment and furniture, plus the costs of acquisition and sale.&lt;br /&gt;&lt;br /&gt;Why would they be doing this? The obvious speculation is that "&lt;strong&gt;The Company&lt;/strong&gt;" is bleeding financially, and needs to raise cash&lt;/blockquote&gt;.&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;225-590-7700&lt;br /&gt;1-877-744-3431&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-2309881994570167887?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/2309881994570167887/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=2309881994570167887' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/2309881994570167887'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/2309881994570167887'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/11/ytb-sells-administrative-offices.html' title='YTB sells administrative offices?'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-7145206665771019284</id><published>2008-10-25T07:24:00.000-07:00</published><updated>2009-09-01T17:04:43.227-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb complaints'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONAL'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB BBB'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>YTB Travel International changes "RTA" Commissions</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;: (press release) EXTRA!!! EXTRA!! read all about it YTB Travel International announces that &lt;strong&gt;YTB Travel International &lt;/strong&gt;agents will now receive 70% as it has eliminated the 10% override bonus!!!!&lt;br /&gt;However, &lt;strong&gt;YTB Travel International &lt;/strong&gt;fail to inform their Travel agents or should I say &lt;strong&gt;RTA&lt;/strong&gt;'s about all the hoops that they will have to jump through.&lt;a href= "http://www.yourtravelbiz.com/images/Biz_Rep_Images/FAQs_RTA_CommissionStructure_FCT_10-24-2008.pdf"&gt; Let us take a look at these HOOPS&lt;/a&gt;. &lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-7145206665771019284?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/7145206665771019284/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=7145206665771019284' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7145206665771019284'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7145206665771019284'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/10/ytb-travel-international-changes-rta.html' title='YTB Travel International changes &quot;RTA&quot; Commissions'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-7233270061219384964</id><published>2008-10-17T13:55:00.000-07:00</published><updated>2009-09-01T17:07:27.823-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='illegal pyramid scheme'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb pyramid scheme'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONAL'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='pyramid scheme'/><title type='text'>Types of pyramid schemes AND how YTB uses it</title><content type='html'>A &lt;strong&gt;pyramid scheme &lt;/strong&gt;is a means of transferring money from duped investors at the bottom of a &lt;strong&gt;pyramid &lt;/strong&gt;to those at the top, who initiate the recruitment of an endless chain or pyramid of participants. &lt;strong&gt;Pyramid&lt;/strong&gt; promoters promise substantial income to those who “work the system,” but it is considered by law enforcement in most jurisdictions in the U.S. to be an unfair and deceptive practice because of the mathematical certainty that approximately 90% or more will always be in a losing position at the bottom – whether it collapses on its own, is shut down by authorities, evolves into another program, or moves on to another area.&lt;br /&gt;     While it is true that in most legitimate businesses, entrepreneurs lose money or eventually quit the business, the odds of failure are not guaranteed. Success is dependent on market forces and skill and the amount of time, money, and effort invested in the enterprise. However, in an illegal &lt;strong&gt;pyramid scheme&lt;/strong&gt;, the more one invests in the enterprise, the more one loses – with the notable exception of those at the top of the &lt;strong&gt;pyramid&lt;/strong&gt;, which are usually the first ones who entered into a given market. Success is dependent on time of entry and/or on willingness to aggressively recruit and deceive a downline of participants into believing the program is a legitimate enterprise.&lt;br /&gt;     &lt;strong&gt;Pyramid schemes &lt;/strong&gt;come in many forms and with many disguises, including:&lt;br /&gt;&lt;br /&gt;&lt;strong&gt; 1. NAKED, NO-PRODUCT PYRAMID SCHEMES&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt; Participants buy into the scheme and move up four or five levels towards the top by recruiting others, who must do the same. The top person pockets all the money and then the next ones in line move up. The originator may move on to start another &lt;strong&gt;pyramid&lt;/strong&gt;. Since no products are offered, these are easy to detect and are often shut down rather quickly by authorities. Losses are usually no more than a few hundred or a few thousand dollars and aggregate harm is minimal, so they seldom attract much attention by law enforcement or by the media. Included in this category are&lt;strong&gt; pyramid &lt;/strong&gt;games, such as the “airplane game,” or &lt;strong&gt;pyramid&lt;/strong&gt; parties, such as the “dinner party,” etc.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;2. GIFTING OR AFFINITY SCHEMES&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;     These are essentially no-product &lt;strong&gt;pyramid schemes&lt;/strong&gt;, but they are disguised as gifts given voluntarily in order to enter the &lt;strong&gt;pyramid&lt;/strong&gt;. Promoters claim they are empowering women or churches or some other group of people striving to gain financial advantage. They do not fool most officials in law enforcement, and the media and the public often unite to support law enforcement in shutting them down. They have been successful in some states for brief periods of time, but seldom gain wide support. Aggregate losses to society are minimal.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;3. REPORT CHAINS AND OTHER INEXPENSIVE PYRAMID SCHEMES PROMOTED OVER THE INTERNET&lt;/strong&gt;     &lt;br /&gt;&lt;br /&gt;These involve spamming the Internet with offers to participate in an endless chain of useful “reports,” which are usually readily available information that has been photocopied and added to the chain, much like a chain letter. The cost to participate is very small – usually under $20. While they are hard to control in a medium as unregulated as the Internet, actual financial losses are almost trivial. The real harm is their tendency to hog valuable computer space and time. Internet matrices are also pyramid schemes that cause more irritation to serious web surfers than actual financial harm to participants.&lt;br /&gt;&lt;br /&gt; &lt;strong&gt;4. PRODUCT-BASED PYRAMID SCHEMES&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;     These are the &lt;strong&gt;pyramid schemes &lt;/strong&gt;of choice for at least 90% of promoters of schemes designed to enrich a few at the expense of a multitude of downline investors. Recruits are deceived into buying “potions and lotions” with claims of magical properties and powers – and promises of huge income for sharing these dandy items with friends and neighbors. Promoters exploit the dreams and social capital of participants, who almost never file complaints with authorities when they come up empty – which happens to approximately 99.9% of them. Because participants don’t complain (for reasons I will explain another time), law enforcement seldom does anything to contain them. These programs go by such terms as “multi-level marketing” (MLM), “network marketing,” “consumer direct marketing,” etc.&lt;br /&gt;     Product-based &lt;strong&gt;pyramid schemes &lt;/strong&gt;recruit aggressively until de facto saturation makes recruiting difficult in a given market, moving on to other markets or starting new “divisions,” thus maintaining themselves in a continuously revolving door of new recruits, each of whom buys or subscribes to products to get in on this “ground floor opportunity.” In order to succeed, one must first be deceived, then maintain a high level of deception, and finally go about aggressively deceiving others.&lt;br /&gt;     &lt;br /&gt;Aggregate losses to society from product-based &lt;strong&gt;pyramid schemes&lt;/strong&gt; total tens of billions of dollars every year and affect millions of victims world-wide. Approximately 99.9% of participants lose money – far higher than for no-product &lt;strong&gt;pyramid schemes&lt;/strong&gt;. Most recruits participate on a modest scale, buying a few products and then quitting. Harm to more serious participants ranges from a few hundred dollars to loss of one’s life savings, career, or worse – breakup of families, even depression and/or suicide. The ones who get hurt the most are individuals who most enthusiastically embrace the promises and deceptions of the promoters and put their savings, credit, and whole heart and soul into this bogus “business opportunity of a lifetime.” If you had read the thousands of letters we have received from victims world-wide, you would not see MLM as a harmless home business – and certainly not a profitable one.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-7233270061219384964?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/7233270061219384964/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=7233270061219384964' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7233270061219384964'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7233270061219384964'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/10/types-of-pyramid-schemes-and-how-ytb.html' title='Types of pyramid schemes AND how YTB uses it'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-8667497768175941054</id><published>2008-10-09T11:38:00.000-07:00</published><updated>2009-09-01T17:09:23.163-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='illegal pyramid scheme'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel International'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='the company'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='saunder'/><title type='text'>Member of Senate has tries to YTB Travel International Inc.</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;:(press release) In an Exclusive WINK News investigation has uncovered that Burt Saunders a Florida State Senator , who is currently running for U.S. Congress has been paid in the past by "&lt;strong&gt;the company&lt;/strong&gt;" (&lt;strong&gt;yourtravelbiz.com&lt;/strong&gt;) to be its director and has received money as a consultant for &lt;strong&gt;"the company"&lt;/strong&gt;. Financial documents show that he had received $16,000 dollars in 2007 from the company, no word yet on whether or not he has been paid for any services this year.&lt;br /&gt;&lt;br /&gt;Currently &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. is facing two class action suits each asking for over $100 million dollars, with California asking for restitution for victims in that state. &lt;strong&gt;California’s Attorney General &lt;/strong&gt;even went so far as to call &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. a &lt;strong&gt;pyramid scheme&lt;/strong&gt;.&lt;br /&gt;&lt;br /&gt;In this day and age, when each and every politician’s life are being looked into so deeply, this could have serious repercussions for &lt;strong&gt;Saunders &lt;/strong&gt;if &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. is found to have operated an &lt;strong&gt;illegal pyramid scheme&lt;/strong&gt;. I would not be surprised if &lt;strong&gt;Saunders &lt;/strong&gt;is the next in line to step down from the board at &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. (&lt;strong&gt;yourtravelbiz.com&lt;/strong&gt;)&lt;br /&gt;&lt;br /&gt;For Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-8667497768175941054?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/8667497768175941054/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=8667497768175941054' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/8667497768175941054'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/8667497768175941054'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/10/member-of-senate-has-tries-to-ytb.html' title='Member of Senate has tries to YTB Travel International Inc.'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-2021626296516777059</id><published>2008-10-04T13:53:00.000-07:00</published><updated>2009-09-01T17:11:14.963-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel International Inc.'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb stock'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONAL'/><category scheme='http://www.blogger.com/atom/ns#' term='the company'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>YTB Travel International sell 4 million in stock???</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;: (Press Release) &lt;strong&gt;YTB Travel&lt;/strong&gt; &lt;a href="http://biz.yahoo.com/e/081003/ytbla.ob8-k.html"&gt;dumps 4 million dollars worth of stock this time&lt;/a&gt;. As first reported by &lt;a href="http://notravelmlms.blogspot.com/2008/10/10-owner-of-ytb-to-sell-4-million.html"&gt; Notravelmlms site&lt;/a&gt;.&lt;br /&gt;&lt;blockquote&gt;&lt;br /&gt;&lt;em&gt;Michael Brent, who is a 10%+ owner of &lt;strong&gt;YTB Travel International, Inc&lt;/strong&gt;. or &lt;strong&gt;yourtravelbiz.com &lt;/strong&gt; or &lt;strong&gt;"the Company"&lt;/strong&gt; has apparently seen the writing on the wall and is looking to sell up to 4 million shares of &lt;strong&gt;YTB Travel International, Inc&lt;/strong&gt;.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;On September 30, 2008, Michael Brent and Beth Brent entered into a Rule 10b5-1 Sales Plan ("Sales Plan") to be administered by Gilford Securities, Incorporated. Michael Brent is a ten percent shareholder of &lt;strong&gt;YTB International, Inc&lt;/strong&gt;.(&lt;strong&gt;the "Company"&lt;/strong&gt;) and is the Chief Executive Officer of &lt;strong&gt;REZconnect Technologies, Inc&lt;/strong&gt;., a wholly owned subsidiary of &lt;strong&gt;the Company&lt;/strong&gt;. &lt;br /&gt;&lt;br /&gt;During the one year term of the Sales Plan, the Sales Plan provides that Gilford Securities, Incorporated will sell under Rule 144 up to a maximum of four million shares of Class A Common Stock of &lt;strong&gt;the Company &lt;/strong&gt;held by Mr. and Mrs. Brent, subject to the price and volume restrictions stated in the Sales Plan. &lt;br /&gt;&lt;br /&gt;However, according to this Rule 10b5-1 of the SEC, people that are privy to non public insider information are prohibited from selling stock. This should prove to be a problem for Cauthen, Clagg, Scott Tomer, Coach Tomer and Kim Sorensen as they all have sold securities when the &lt;strong&gt;California Attorney General &lt;/strong&gt;Investigation was ongoing and not disclosed.  This will also be yet another problem for Brent, based solely on "if" that information was disclosed to him as well.&lt;br /&gt;&lt;br /&gt;Nevertheless, there is a way out when someone is looking to minimize the risk. Especially, "if" a trustee handles the sales of securities at a predetermined schedule or per a predetermined &lt;a href="http://www.canaccordadams.com/corporateservices/cs_services/rule10b51.htm"&gt; Canaccord-Adams' formula&lt;/a&gt;. You can read about the details of the plan here.&lt;br /&gt;&lt;br /&gt;Now, according to Canaccord-Adams:&lt;br /&gt;&lt;br /&gt;A large number of corporate executives are using 10b5-1 plans to turn their risks into rewards with respect to trading company stock. Rule 10b5-1 plans allow corporate insiders to preclude trading liability and more easily access their personal wealth held in stock.&lt;br /&gt;&lt;br /&gt;It seems that Michael Brent who by the way has already sold over a million shares in the last year, should be a little concerned that because of what he knows as an insider, he may be guilty of violating insider trading rules. Moreover, he must feel that selling &lt;strong&gt;YTB Travel&lt;/strong&gt; ie &lt;strong&gt;the company&lt;/strong&gt;, &lt;strong&gt;yourtravelbiz.com&lt;/strong&gt; stock is a personal risk.&lt;/em&gt;&lt;/blockquote&gt;&lt;br /&gt;&lt;br /&gt;Does this represent the beginning of the end? I guess that time will tell&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-2021626296516777059?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/2021626296516777059/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=2021626296516777059' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/2021626296516777059'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/2021626296516777059'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/10/ytb-travel-international-sell-4-million.html' title='YTB Travel International sell 4 million in stock???'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-2251529928086591225</id><published>2008-10-01T05:48:00.000-07:00</published><updated>2009-09-01T17:14:44.471-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb complaints'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONAL'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb prblems'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB california lawsuit'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel Problems'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb iATAN card revoked'/><category scheme='http://www.blogger.com/atom/ns#' term='California Attorney General'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>YTB Travel International Inc.  Travel Agency or Travel SCAM ?</title><content type='html'>&lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. problems have widened the gap between the learning and earning curves of becoming a REAL certified travel agent alone with the learning and earning to become a REAL marketeer. &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. has some success at marketing travel But, at the expense of it's very own &lt;strong&gt;YTB Travel International &lt;/strong&gt;agents and other associates, who are frustrated with &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. attractive opportunity, but, &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. unrealistic goals. &lt;br /&gt;&lt;br /&gt;There's something very wrong and the growing list of &lt;strong&gt;YTB Travel International Inc. problems&lt;/strong&gt; has caught the attention of not only The Attorney General of California but, also that of &lt;strong&gt;IATA&lt;/strong&gt;. &lt;strong&gt;YTB Travel International Inc. complaints&lt;/strong&gt; has made The Travel industry punch drunkend, And has many people who are seeking their fortune to enhance the quality of their life with the aide of this lucrative &lt;strong&gt;Travel Industry &lt;/strong&gt;have been left asking questions as to how or will they ever get a head with &lt;strong&gt;YTB Travel International&lt;/strong&gt;. &lt;br /&gt;&lt;br /&gt;As a result of the many &lt;strong&gt;YTB travel International Inc&lt;/strong&gt;. lawsuits, it appears that the travel industry may have to take a different approach or at least the suppliers and vendors of travel will have to. &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. problems are just the beginning. &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. illegal marketed marketeers. &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. lawsuits have now convinced the suppliers and vendors to cancel its ties. &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. has been revoked from &lt;strong&gt;IATA&lt;/strong&gt;.&lt;br /&gt;&lt;br /&gt;Avoid the circus of &lt;strong&gt;YTB Travel International Inc&lt;/strong&gt;. problems and learn to become a REAL Travel Agent, get paid to help others learn about becoming travel agents and earn high commissions and residual income as well.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;225.590.7700&lt;br /&gt;&lt;a href="http://www.traverustravelupdate.blogspot.com"&gt;Traverus Travel Update&lt;/a&gt; and &lt;span style="font-weight:bold;"&gt;TeleVerus Cell Phones&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-2251529928086591225?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/2251529928086591225/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=2251529928086591225' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/2251529928086591225'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/2251529928086591225'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/10/ytb-travel-international-travel-agency.html' title='YTB Travel International Inc.  Travel Agency or Travel SCAM ?'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-742178309729129705</id><published>2008-09-27T03:57:00.000-07:00</published><updated>2008-09-27T04:51:04.080-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel International'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB INTERNATIONAL'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel Problems'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>YTB Travel Cerification  now called "First Class"?</title><content type='html'>YTB Travel News(press Release): &lt;br /&gt;NEWS FLASH: &lt;strong&gt;YTB Travel International&lt;/strong&gt; travel agent's Certification no longer Called &lt;strong&gt;YTB Travel International &lt;/strong&gt;RTA Certification-Now YTB Travel International is now calling it "First Class" get REAL!!!&lt;br /&gt;&lt;br /&gt;&lt;blockquote&gt;Here is an excerpt from a recently released announcement from &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; Headquarters&lt;br /&gt;THERE'S STILL TIME TO SIGN UP FOR YOUR"FIRST CLASS"THIS WEEKEND&lt;br /&gt;&lt;strong&gt;YTB Travel International's&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;First Class -the "First Class" an RTA should take after joining &lt;strong&gt;YTB Travel International&lt;/strong&gt;! Field leaders share the knowledge and experience they have gained on their way to outstanding &lt;strong&gt;YTB Travel International &lt;/strong&gt;success.&lt;br /&gt;&lt;br /&gt;The First Class presentation, taught by &lt;strong&gt;YTB Travel International &lt;/strong&gt;Directors, teaches you how to maximize your &lt;strong&gt;YTB travel biz &lt;/strong&gt;and marketingwebsites and provides you with the foundation you need to take your business to the next level.&lt;br /&gt;&lt;br /&gt;The education and motivation you will receive from your"first" First Class are priceless!&lt;br /&gt;&lt;br /&gt;Check out these First Class locations for this weekend -Friday - Saturday - Sunday&lt;br /&gt;&lt;br /&gt;Don't Miss This Valuable Training!Sign up now from your Back Office by clicking on the Company Events link on the left.&lt;/blockquote&gt;&lt;br /&gt;However, after a closer look at the dates and location, you will notice on the second pages, that it is still without question, is called &lt;strong&gt;YTB Travel International &lt;/strong&gt;RTA Certification and you guessed right, there is still a monetary fee involved to attend. So, is &lt;strong&gt;YTB Travel International &lt;/strong&gt; trying to hide it's tracks by calling the &lt;strong&gt;YTB Travel International&lt;/strong&gt; RTA Ceritfication...."First Class". Or is this another attempt for &lt;strong&gt;YTB Travel International &lt;/strong&gt;to raise much needed CASH as membership drops and needs CASH to pay operating expenses, and pending lawsuits.&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;Traverus Travel&lt;br /&gt;1.877.744.3431&lt;br /&gt;225.590.7700&lt;br /&gt;&lt;a href="http://www.traverustravelupdate.blogspot.com"&gt; "FIRST CLASS"&lt;/A&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-742178309729129705?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/742178309729129705/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=742178309729129705' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/742178309729129705'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/742178309729129705'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/09/certification-no-longer-called-ytb.html' title='YTB Travel Cerification  now called &quot;First Class&quot;?'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-6645595058214428982</id><published>2008-09-19T16:59:00.000-07:00</published><updated>2009-09-01T17:20:19.405-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb complaints'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel Scam'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel International Inc.'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb cancellations'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel International'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb troubles'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel Problems'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>YTB Travel International, Inc. stock downgraded by  the street.com</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;(press release):&lt;br /&gt;Each business day, TheStreet.com Ratings updates its ratings on the stocks it covers. The proprietary ratings model projects a&lt;br /&gt;stock's total return potential over a 12-month period, including both price appreciation and dividends. Buy, hold or sell ratings&lt;br /&gt;designate how the Ratings group expects these stocks to perform against a general benchmark of the equities market and&lt;br /&gt;interest rates.&lt;br /&gt;While the ratings model is quantitative, it uses both subjective and objective elements. For instance, subjective elements include&lt;br /&gt;expected equities market returns, future interest rates, implied industry outlook and company earnings forecasts. Objective&lt;br /&gt;elements include volatility of past operating revenue, financial strength and company cash flows.&lt;br /&gt;However, the rating does not incorporate all of the factors that can alter a stock's performance. For example, it doesn't always&lt;br /&gt;factor in recent corporate or industry events that could affect the stock price, nor does it include recent technology developments&lt;br /&gt;and competitive dynamics that may affect the company.&lt;br /&gt;For those reasons, we believe a rating alone cannot tell the whole story, and that it should be part of an investor's overall&lt;br /&gt;research.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Ticker Company Name Change New Rating Former Rating&lt;br /&gt;BAM BROOKFIELD ASSET MANAGEMENT Downgrade Hold Buy&lt;br /&gt;CHEV CHEVIOT FINANCIAL CORP Upgrade Hold Sell&lt;br /&gt;COBT C2 GLOBAL TECHNOLOGIES INC Upgrade Hold Sell&lt;br /&gt;DEWY DEWEY ELECTRONICS CORP Upgrade Hold Sell&lt;br /&gt;FSS FEDERAL SIGNAL CORP Upgrade Buy Hold&lt;br /&gt;GCI GANNETT CO Downgrade Sell Hold&lt;br /&gt;HLX HELIX ENERGY SOLUTIONS GROUP Downgrade Hold Buy&lt;br /&gt;HTH HILLTOP HOLDINGS INC Downgrade Sell Hold&lt;br /&gt;MNRO MONRO MUFFLER BRAKE INC Upgrade Buy Hold&lt;br /&gt;NPSP NPS PHARMACEUTICALS INC Upgrade Hold Sell&lt;br /&gt;NWSB NORTHWEST BANCORP INC Upgrade Buy Hold&lt;br /&gt;ORBC ORBCOMM INC Downgrade Sell Hold&lt;br /&gt;PDGI PHARMANET DEVELOPMNT GRP INC Upgrade Hold Sell&lt;br /&gt;ROCK GIBRALTAR INDUSTRIES INC Upgrade Buy Hold&lt;br /&gt;SPRD SPREADTRUM COMMUNICATNS -ADR Initiated Sell&lt;br /&gt;TIN TEMPLE-INLAND INC Upgrade Hold Sell&lt;br /&gt;TTGT TECHTARGET INC Initiated Sell&lt;br /&gt;UDRL UNION DRILLING INC Downgrade Hold Buy&lt;br /&gt;UFI UNIFI INC Upgrade Hold Sell&lt;br /&gt;VAL VALSPAR CORP Upgrade Buy Hold&lt;br /&gt;WPL STEWART (W P) &amp; CO LTD Downgrade Sell Hold&lt;br /&gt;WSFS WSFS FINANCIAL CORP Upgrade Buy Hold&lt;br /&gt;WYNN WYNN RESORTS LTD Upgrade Buy Hold&lt;br /&gt;&lt;strong&gt;YTBLA YTB INTERNATIONAL INC Downgrade Sell Hold&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-6645595058214428982?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/6645595058214428982/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=6645595058214428982' title='3 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/6645595058214428982'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/6645595058214428982'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/09/ytb-travel-international-inc-stock.html' title='&lt;strong&gt;YTB Travel International, Inc. stock&lt;/strong&gt; downgraded by  the street.com'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>3</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-6367689052797108071</id><published>2008-09-06T03:12:00.000-07:00</published><updated>2009-09-01T17:22:33.335-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb complaints'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='Illinois Attorney General'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB california lawsuit'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='California Attorney General'/><category scheme='http://www.blogger.com/atom/ns#' term='pyramid scheme'/><title type='text'>YTB The Robbing Hood Of Travel</title><content type='html'>How many of you remember the legend of "Robin Hood"? who took from the rich and gave to the poor and the less fortunate; Now for those of you that do we have our very own 20th century legend However, this legend is spelled a little differently then&lt;br /&gt;we are accustom to and his policy are all together different then that of the old "Robin Hood" is known as "The ROBBING Hood of Travel" and is the owner of &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; or more commonly know as &lt;strong&gt;yourtravelbiz.com.&lt;/strong&gt; Who sells false hopes and dreams of wealth and luxurious cars and houses all for a $450.00 start up fee and a $50.00 monthly maintenance fee. However, Some, like &lt;strong&gt;California Attorney General&lt;/strong&gt; Jerry Brown, say the whole thing's a scam that recruits thousands of members with deceptive claims. The only people reaching their dreams, they say, are a handful at the very top, while most get nothing. But &lt;strong&gt;YTB&lt;/strong&gt;'s legion of supporters say that's just not the case. They argue that the &lt;strong&gt;YTB complaints&lt;/strong&gt; come from ex-agents who thought success would be handed to them, and that &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; is rigorously aboveboard. Whoever's right, there's no denying that &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; has tapped into something powerful, and has ridden it to become one of the fastest-growing small companies in the St. Louis region. &lt;br /&gt;&lt;br /&gt;Along the way, the Tomers prospered. &lt;strong&gt;Scott Tomer&lt;/strong&gt; and &lt;strong&gt;Sorensen&lt;/strong&gt; each earned $2.3 million in cash, benefits and stock last year, according to filings with the Securities and Exchange Commission. Lloyd Tomer earned $3.5 million. Top salespeople made out well, too: A couple earned more than the top execs last year, and 11 sales directors topped $800,000, according to the company's publicly available income disclosure statement. Dozens more earned six figures.&lt;br /&gt;&lt;br /&gt;But beneath them, the vast majority earned little. &lt;br /&gt;&lt;br /&gt;&lt;strong&gt;YTB&lt;/strong&gt;'s 45,000 entry-level sales reps — the people who sell new travel agencies — on average earned $90.32 last year. And of the more than 200,000 people who paid the company as much as $1,000 to run a travel website in 2007, nearly 125,000 didn't earn a penny in commissions, according to Brown's lawsuit. Half of the rest earned less than $39. And while &lt;strong&gt;YTB&lt;/strong&gt; took in $103 million last year from selling and maintaining websites, it paid out just $13.4 million in commissions for selling travel.&lt;br /&gt;&lt;br /&gt;Those numbers led to grumbling that &lt;strong&gt;YTB&lt;/strong&gt; is little more than a &lt;strong&gt;pyramid scheme&lt;/strong&gt;, a shell game designed to enrich a few on the backs of many. Those grumbles grew for months, and then burst open with Brown's lawsuit, followed by news of an investigation by &lt;strong&gt;Illinois Attorney General&lt;/strong&gt; Lisa Madigan and two class-action lawsuits filed in federal court in East St. Louis.&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-6367689052797108071?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/6367689052797108071/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=6367689052797108071' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/6367689052797108071'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/6367689052797108071'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/09/ytb-robbing-hood-of-travel.html' title='&lt;strong&gt;YTB&lt;/strong&gt; The Robbing Hood Of Travel'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-6261802301722118105</id><published>2008-08-31T15:55:00.000-07:00</published><updated>2009-09-01T17:18:45.855-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel International'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='scott tomer'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb troubles'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel Problems'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>YTB International Inc. cuts 17 positions</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;:(press release) Just two days after &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; laid off 25 employees from it's Wood River, Ill, headquarters; &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; Has now disclosed that they are now eliminating 17 positions which was revealed to &lt;strong&gt;The Telegraph&lt;/strong&gt; through a e-mail statement&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;YTB International Inc.&lt;/strong&gt; cut 17 positions at its Wood River, Ill, headquarters this week, according to a published report.&lt;br /&gt;&lt;br /&gt;"&lt;strong&gt;YTB International Inc.&lt;/strong&gt; eliminated 17 positions today (Wednesday), representing less than 5 percent of our work force, as part of a reorganization to reduce operating expenses and curtail redundancies," Tony Green, assistant to Chief Executive &lt;strong&gt;Scott Tomer&lt;/strong&gt;, wrote in a statement e-mailed to &lt;strong&gt;The Telegraph&lt;/strong&gt;. "This move places the company in an even better position to realize its goals and effectively manage its continued growth."&lt;br /&gt;&lt;br /&gt;A request from the Business Journal requesting comment was not immediately returned.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TelVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-6261802301722118105?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/6261802301722118105/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=6261802301722118105' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/6261802301722118105'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/6261802301722118105'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/08/ytb-international-inc-cuts-17-positions.html' title='&lt;strong&gt;YTB International Inc&lt;/strong&gt;. cuts 17 positions'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-1000136475872495616</id><published>2008-08-28T10:39:00.000-07:00</published><updated>2009-09-01T17:27:36.459-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb pyramid scheme'/><category scheme='http://www.blogger.com/atom/ns#' term='The Telegraph'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB california lawsuit'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='California Attorney General'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>YTB Travel International Inc. Laid-off 25 employees?</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;(Press Release): After doing a little private investigative work &lt;strong&gt;YTB Travel News&lt;/strong&gt; has uncovered some very disappointing news&lt;br /&gt;as reported by Cynthia Ellis of &lt;strong&gt;The Telegraph&lt;/strong&gt;; &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; has began to lay-off some of it's employees from it's corporate&lt;br /&gt;headquarters as of Wednesday August 27, 2008. However, the following story can &lt;br /&gt;give us better insight as to "WHY" these alarming steps were taken: &lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;blockquote&gt;By CYNTHIA M. ELLIS&lt;br /&gt;The Telegraph&lt;br /&gt;&lt;br /&gt;WOOD RIVER - &lt;strong&gt;YTB International Inc.&lt;/strong&gt; reportedly terminated the employment of 25 people from its corporate headquarters on Wednesday.&lt;br /&gt;&lt;br /&gt;A laid-off employee, who asked to remain anonymous, said that he and two dozen others were told their positions were being eliminated due to the "current economic environment in the United States," and that the company's management "regret this necessary decision."&lt;br /&gt;&lt;br /&gt;The man said company officials knew Tuesday that positions would be eliminated, because they scheduled meetings with the employees Wednesday to inform them about the situation.&lt;br /&gt;&lt;br /&gt;"I was told by my manager there would be a meeting, and I had no idea what it was about," he said. "I didn't know if I had done something wrong. I was stressing all night."&lt;br /&gt;&lt;br /&gt;The man said that ever since the &lt;strong&gt;California Attorney General's Office&lt;/strong&gt; filed a lawsuit against &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; in early August that claimed the company was operating a "gigantic pyramid scheme," company officials have been telling employees that "everything is fine."&lt;br /&gt;&lt;br /&gt;"I don't think it's fine," he said.&lt;br /&gt;&lt;br /&gt;Legal action was taken against &lt;strong&gt;YourTravelBiz.com&lt;/strong&gt;, a subsidiary of &lt;strong&gt;YTB International Inc., &lt;/strong&gt;for allegedly recruiting tens of thousands of people with deceptive claims that they could earn huge sums of money through its online travel agencies.&lt;br /&gt;&lt;br /&gt;So far, the lawsuit is the toughest one filed against the company since it started operations seven years ago. &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; runs Web sites for referring travel agents, online agencies that sell flights, cruises and vacation packages and earn a commission.&lt;br /&gt;&lt;br /&gt;Since the filing of the California suit, a class action lawsuit has been filed in federal court in East St. Louis and a third in Madison County Circuit Court. A judge has scheduled a hearing for Sept. 2 in the circuit court case filed in Edwardsville by Terry and Teresa Braswell, in which the couple claim that &lt;storng&gt;YTB Travel International Inc.&lt;/storng&gt; Chairman J. Lloyd "Coach" Tomer "repudiated" a contract with the couple that called for them to receive about $10,000 per month.&lt;br /&gt;&lt;br /&gt;The company has defended itself against the legal actions.&lt;br /&gt;&lt;br /&gt;"As a matter of policy, we do not comment on pending litigation. However, we can tell you that &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; believes the allegations we've heard are without merit, and we will vigorously defend ourselves," &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; Chief Executive Officer Scott Tomer said recently in a prepared statement.&lt;br /&gt;&lt;br /&gt;Tomer said the company is proud of its business model and how the operations are conducted in an ethical and transparent way by management. Last month, the company announced that it was contemplating the replacement of its referring travel agent business model with a franchise operating system, to start in 2009. The model, if adopted, would be similar to other franchise businesses; however, details about the plan still are in the works.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; officials did not respond to an e-mail sent by &lt;strong&gt;The Telegraph&lt;/strong&gt;, asking questions about its layoffs or whether any legal actions have had a financial impact on the company.&lt;br /&gt;&lt;br /&gt;During the past several years, &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; has grown significantly; last year, it was ranked 26th in a survey conducted by Travel Weekly magazine, selling $414.5 million. Reports show that nearly three-quarters of its revenue came from selling new agencies rather than from actual travel sales.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; employs between 300 and 350 people at its headquarters at 1901 E. Edwardsville Road, where it is spending $25 million to expand the facility it purchased more than two years ago.&lt;br /&gt;&lt;br /&gt;Wood River Mayor Fred Ufert said he hates to see employees lose their jobs. He said the layoffs would hurt the city economically, as well.&lt;br /&gt;&lt;br /&gt;"Some of the employees live in the city," Ufert said. "It's a bad thing for everyone. We can only hope they will get through it."&lt;br /&gt;&lt;br /&gt;The former &lt;strong&gt;YTB Travel International&lt;/strong&gt; employee said the situation is upsetting, but he has come to the conclusion that he doesn't need to be working for a company that cannot be honest with its employees. He said it is likely that more positions will be terminated.&lt;br /&gt;&lt;br /&gt;"We could clearly see something was going but were assured everything was OK," he said. "Does it seem OK if they are letting people go?"&lt;/blockquote&gt;&lt;br /&gt;&lt;br /&gt;In closing, &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; doesn't appear to be as recession proof as it has everyone thinking I mean to make such a bold step as this just days before &lt;strong&gt;YTB Travel International&lt;/strong&gt; is to meet with a circuit judge to answer the allegations pending from The California suit, The class action lawsuit that has been filed in federal court in East St. Louis and a third in Madison County Circuit Court is a sure sign that everything isn't at all what &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt;Chief Executive Officer Scott Tomer and others are confessing them to be, it's funny that I choose the word "CONFESSING"&lt;br /&gt;maybe it time that &lt;strong&gt;YTB Travel International Inc.&lt;/strong&gt; began to do just that "CONFESS" it's wrong doing and set their captives FREE!!!!!!!&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;Daryl D. Alex &lt;br /&gt;Regional Executive&lt;br /&gt;TraVerus Travel and TeleVerus Cell Phones&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-1000136475872495616?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/1000136475872495616/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=1000136475872495616' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/1000136475872495616'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/1000136475872495616'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/08/ytb-travel-international-inc-laid-off.html' title='YTB Travel International Inc. Laid-off 25 employees?'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-5127124614008276398</id><published>2008-08-26T18:45:00.000-07:00</published><updated>2008-08-26T19:05:51.163-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb complaints'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel Scam'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel Problems'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>More YTB Travel Problems this time in Houston</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;(Press Release): More &lt;strong&gt;YTB Travel Problems&lt;/strong&gt; have been reported this time In Houston where a group&lt;br /&gt;of School bus drivers and their families had dreams of taking a vacation &lt;br /&gt;only to find out that they had been involved in one of many of &lt;strong&gt;YTB&lt;br /&gt;Travel scam&lt;/strong&gt;:&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;object width="425" height="344"&gt;&lt;param name="movie" value="http://www.youtube.com/v/_Z-JVxxFVhM&amp;color1=11645361&amp;color2=13619151&amp;hl=en&amp;fs=1"&gt;&lt;/param&gt;&lt;param name="wmode" value="transparent"&gt;&lt;/param&gt;&lt;param name="allowFullScreen" value="true"&gt;&lt;/param&gt;&lt;embed src="http://www.youtube.com/v/_Z-JVxxFVhM&amp;color1=11645361&amp;color2=13619151&amp;hl=en&amp;fs=1" type="application/x-shockwave-flash" allowfullscreen="true" wmode="transparent" width="425" height="344"&gt;&lt;/embed&gt;&lt;/object&gt;&lt;br /&gt;&lt;br /&gt;Come on &lt;strong&gt;YTB Travel &lt;/strong&gt;don't you think that a enough is enough?&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive &lt;br /&gt;Traverus Travel&lt;br /&gt;1.877.774.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-5127124614008276398?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/5127124614008276398/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=5127124614008276398' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/5127124614008276398'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/5127124614008276398'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/08/blog-post.html' title='More &lt;strong&gt;YTB Travel Problems&lt;/strong&gt; this time in Houston'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-6338311761541450027</id><published>2008-08-22T23:40:00.000-07:00</published><updated>2009-09-01T17:33:10.768-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb complaints'/><category scheme='http://www.blogger.com/atom/ns#' term='Network'/><category scheme='http://www.blogger.com/atom/ns#' term='Better Business Bureau'/><category scheme='http://www.blogger.com/atom/ns#' term='Security and Exchange Commission'/><category scheme='http://www.blogger.com/atom/ns#' term='BBB'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB BBB'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel'/><title type='text'>More YTB Complaints from The BBB</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;:(Press Release) More &lt;strong&gt;YTB Travel Complaints&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;   A Fallbrook, Calif., woman complained to the &lt;strong&gt;BBB&lt;/strong&gt; that after a day-long seminar, she purchased a Web site from &lt;strong&gt;YTB Travel&lt;/strong&gt; for $499 in order to become an online travel agent.  She said she thought this would be a good way to make money from home and obtain travel discounts for personal travel. She said that she needed to book $1,200 a month through her Web site in order to be eligible for personal discounts, but everyone that she told about her site said that they “did some research and found that they could book travel more cheaply elsewhere.” She also said that “&lt;strong&gt;&lt;a href="http://www.ytbyouraccessdenied.info"&gt;IATA&lt;/a&gt;(International Air Transport Association Network)&lt;/strong&gt; rescinded their affiliation with &lt;strong&gt;YTB Travel&lt;/strong&gt; and that was the main way for us to obtain travel discounts.” The &lt;strong&gt;BBB&lt;/strong&gt; assisted her in obtaining a refund.&lt;br /&gt;&lt;br /&gt;       When contacted by the &lt;strong&gt;BBB&lt;/strong&gt;, a representative of the &lt;strong&gt;IATAN&lt;/strong&gt; confirmed that their relationship with &lt;strong&gt;YTB Travel&lt;/strong&gt; was severed due to “failure to maintain standards of accreditation.” In an official statement &lt;strong&gt;IATAN&lt;/strong&gt; indicated that &lt;strong&gt;YTB Travel&lt;/strong&gt; was terminated for “violating the standards which provide that &lt;strong&gt;‘IATA&lt;/strong&gt; numeric codes shall not be lent, subcontracted, or hired to a third party.’" Furthermore, &lt;strong&gt;IATAN&lt;/strong&gt; “found that the Referring Travel Agents recruited by &lt;strong&gt;YTB Travel&lt;/strong&gt; -- and to whom &lt;strong&gt;YTB Travel&lt;/strong&gt; gave credentials which contained the &lt;strong&gt;IATA&lt;/strong&gt; numeric code -- were "third parties" over whom &lt;strong&gt;YTB Travel&lt;/strong&gt; had no control.” &lt;strong&gt;YTB Travel&lt;/strong&gt; disputed IATANS actions, but upon review the actions were upheld.&lt;br /&gt;&lt;br /&gt;       For the first quarter of 2008, only 12.5% of &lt;strong&gt;YTB Travel’s&lt;/strong&gt; net revenue was derived from online travel sale commissions, while almost 80% came from the recruitment of people joining its online travel business. Based on the number of RTAs listed in these filings, the average amount made by each RTA through the sale of travel through their Web site for the first quarter was $27.75; on pace for a yearly income of $111, according to filings with the Security and Exchange Commission.&lt;br /&gt;&lt;br /&gt;       J. Kim Sorensen is the president of &lt;strong&gt;YTB Travel&lt;/strong&gt;, J. Scott Tomer is the CEO and J. Lloyd Tomer is the chairman of the board, according to the company’s Web site.&lt;br /&gt;&lt;br /&gt;   If you are like me and are tried of the many &lt;strong&gt;YTB Travel&lt;/strong&gt; &lt;strong&gt;Complaints&lt;/strong&gt; that have and are being leeved on &lt;strong&gt;YTB Travel&lt;/strong&gt; then maybe it's time you take a look at&lt;a href="http://www.largestindustry.com"&gt; &lt;strong&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel Network and TeleVerus&lt;/span&gt; &lt;span style="font-weight:bold;"&gt;Cell Phones&lt;/span&gt; &lt;/strong&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;For more information contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive &lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVeus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.774.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-6338311761541450027?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/6338311761541450027/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=6338311761541450027' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/6338311761541450027'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/6338311761541450027'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/08/more-ytb-complaints-from-bbb.html' title='More YTB Complaints from The BBB'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-5328652380802819190</id><published>2008-08-17T14:13:00.000-07:00</published><updated>2008-08-17T18:00:27.633-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel International'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb pyramid scheme'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>YTB Travel International deceives yet another member</title><content type='html'>&lt;span style="font-weight:bold;"&gt;YTB Travel News&lt;/span&gt;(Press Release): Here is another story of misrepresentation by &lt;span style="font-weight:bold;"&gt;YTB Travel International&lt;/span&gt; as reported by The St. Louis Business Journal - by Kelsey Volkmann&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;blockquote&gt;Ana Temple wanted to make some extra cash to supplement her income as a finance and human resources director for an architectural firm.&lt;br /&gt;&lt;br /&gt;So when a family friend told her about&lt;span style="font-weight:bold;"&gt;YourTravelBiz.com&lt;/span&gt; and how she could set up her own online travel agency, she jumped at the chance in April.&lt;br /&gt;&lt;br /&gt;She paid nearly $500 to set up a Web site through Wood River, Ill.-based &lt;span style="font-weight:bold;"&gt;YTB International&lt;/span&gt;. The company told her she'd make 60 percent commission off every trip she booked.&lt;br /&gt;&lt;br /&gt;But then she got her paycheck: $3 per airline ticket.&lt;br /&gt;&lt;br /&gt;That's when the company told her travel agents make 60 percent of what &lt;span style="font-weight:bold;"&gt;YTB Travel&lt;/span&gt; makes, she said.&lt;br /&gt;&lt;br /&gt;"I feel so deceived," said Temple, a Copiague, N.Y., resident. "They told us people could retire off this and take free trips. It's all a bunch of bull." &lt;br /&gt;&lt;br /&gt;Several&lt;span style="font-weight:bold;"&gt; YTB Travel&lt;/span&gt; agents vigorously defended &lt;span style="font-weight:bold;"&gt;YTB Travel&lt;/span&gt; at the company's national convention in St. Louis this week, saying they had made money and received discounts on personal travel.&lt;br /&gt;&lt;br /&gt;"That's because they got thousands of suckers underneath them and they're making money off us," said Temple, 38.&lt;br /&gt;&lt;br /&gt;When she tried to cancel, &lt;span style="font-weight:bold;"&gt;YTB Travel&lt;/span&gt; refused, saying it was past the five-day cancellation period. But Temple said she didn't receive her packet informing her of the cancellation policy until after the five- day period expired.&lt;br /&gt;&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;YTB Travel&lt;/span&gt; denied this and she was still required to read the online terms and conditions before paying.&lt;br /&gt;&lt;br /&gt;"They gave us so much false information," she said. "Total, total lies." &lt;/blockquote&gt;&lt;br /&gt;&lt;br /&gt; &lt;br /&gt;I know how Mrs. Temple is feeling because like her I too was deceived my &lt;span style="font-weight:bold;"&gt;YTB Travel International&lt;/span&gt; when told that I too with earn that same 60% commission on every thing booked from my site. However, I too was never ever told that it would 60% of what was left after &lt;span style="font-weight:bold;"&gt;YTB Travel International&lt;/span&gt; was paid by their hosting company. Now if that isn't misrepresenting I don't know what is and if&lt;span style="font-weight:bold;"&gt; YTB Travel International&lt;/span&gt; lies about this then what else has &lt;span style="font-weight:bold;"&gt;YTB Travel International&lt;/span&gt; lied about?&lt;br /&gt;&lt;br /&gt;For more information contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;a href="http://www.getthereheavenly.net"&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel&lt;/span&gt;&lt;/a&gt;&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;br /&gt;&lt;a href="http://www.traverustravelupdate.com"&gt; &lt;span style="font-weight:bold;"&gt;Traverus Travel Update&lt;/a&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-5328652380802819190?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/5328652380802819190/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=5328652380802819190' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/5328652380802819190'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/5328652380802819190'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/08/ytb-travel-international-deceives-yet.html' title='&lt;span style=&quot;font-weight:bold;&quot;&gt;YTB Travel International &lt;/span&gt;deceives yet another member'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-9065183063805122484</id><published>2008-08-14T19:23:00.000-07:00</published><updated>2009-09-01T17:44:45.352-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb pyramid scheme'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb troubles'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB BBB'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>St. Louis slaps YTB Travel with Class-action lawsuit</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;(press Release): Just like The Morton Salt Box States "When It Rains It Pours" this time that statement rings true for &lt;strong&gt;YTB Travel&lt;/strong&gt; Just day after one of &lt;strong&gt;YTB Travel's&lt;/strong&gt; Annual Conventions which was held in St. Louis this year more&lt;strong&gt; trouble&lt;/strong&gt; was announcement by&lt;br /&gt;ST. LOUIS POST-DISPATCH: &lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;blockquote&gt;Another layer of &lt;strong&gt;trouble&lt;/strong&gt; has landed on Wood River-based travel company &lt;strong&gt;YTB International&lt;/strong&gt;, this one in the form of a class-action lawsuit filed Friday in East St. Louis.&lt;br /&gt;&lt;br /&gt;Attorneys representing two agents and sales reps for the company say it is an "&lt;strong&gt;illegal pyramid scheme&lt;/strong&gt;" and "employs an illegal chain referral sales technique" in violation of Illinois law. They are seeking $100 million in damages for the at least 140,000 agents who have joined &lt;strong&gt;YTB Travel&lt;/strong&gt;.&lt;br /&gt;&lt;br /&gt;In a filing with the Securities and Exchange Commission, the company said it "intends to vigorously defend the case." &lt;br /&gt;&lt;br /&gt;The suit's charges echo those in a suit filed last week by California Attorney General Jerry Brown, who called the company a "gigantic &lt;strong&gt;pyramid scheme&lt;/strong&gt;" in which 140,000 "referring travel agents" pay $450 up front and $50 a month to sell travel but rarely earn any money on commissions. Meanwhile, sales reps — including many of those travel agents — receive commissions and bonuses to sign up more agents. &lt;br /&gt;&lt;br /&gt;"These are all different components of the same &lt;strong&gt;pyramid scheme&lt;/strong&gt;," said Christian Montroy, the East St. Louis attorney who filed the suit.&lt;br /&gt;&lt;br /&gt;The Illinois attorney general also is investigating &lt;strong&gt;YTB Travel&lt;/strong&gt;, and the local chapter of the &lt;span style="font-weight:bold;"&gt;Better Business Bureau(BBB)&lt;/span&gt; slapped &lt;strong&gt;YTB Travel&lt;/strong&gt; with a negative report last week.&lt;br /&gt;&lt;br /&gt;Also on Monday, &lt;strong&gt;YTB Travel&lt;/strong&gt; disclosed in an SEC filing that its application for listing on the American Stock Exchange was withdrawn Friday. The company's stock is currently traded on the Over The Counter bulletin board and it has been trying to get on a more prestigious exchange.&lt;br /&gt;&lt;br /&gt;The company didn't say why it withdrew its application to AMEX and didn't respond to questions Monday.&lt;br /&gt;&lt;/blockquote&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;However, the only thing that is different from that morton salt box and &lt;strong&gt;YTB Travel&lt;/strong&gt; is the little girl on the box has an umbrella and &lt;strong&gt;YTB Travel&lt;/strong&gt; doesn't.&lt;br /&gt;&lt;br /&gt;For more Information Contact:&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-9065183063805122484?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/9065183063805122484/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=9065183063805122484' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/9065183063805122484'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/9065183063805122484'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/08/st-louis-slaps-ytb-travel-with-class.html' title='&lt;strong&gt;St. Louis &lt;/strong&gt;slaps &lt;strong&gt;YTB Travel&lt;/strong&gt; with Class-action lawsuit'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-7816648377900551019</id><published>2008-08-10T06:47:00.000-07:00</published><updated>2009-09-01T17:42:50.494-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='Better Business Bureau'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb pyramid scheme'/><category scheme='http://www.blogger.com/atom/ns#' term='Illinios Attorney General'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB BBB'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel'/><category scheme='http://www.blogger.com/atom/ns#' term='California Attoreny general'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>Illinois launches probe into YTB Travel</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;(press release): More &lt;strong&gt;YTB Travel News&lt;/strong&gt; as members of &lt;strong&gt;YTB Travel&lt;/strong&gt; International the&lt;br /&gt;Wood River based travel company, gathered in St. Louis for The &lt;strong&gt;YTB Travel&lt;/strong&gt; Annual Convention, the unthinkable event was announced on &lt;br /&gt;the heels of a eariler report this week that &lt;strong&gt;California Attorney&lt;br /&gt;General&lt;/strong&gt; called &lt;strong&gt;YTB Travel&lt;/strong&gt;&lt;a href="http://ag.ca.gov/newsalerts/release.php?id=1596&amp;"&gt; "A gigantic Pyramid Scheme"&lt;/a&gt; and just a day later The &lt;strong&gt;Illinios Attorney General's &lt;/strong&gt;Office announced it also has launched a probe into &lt;strong&gt;YTB Travel International&lt;/strong&gt;.And the local chapter of the &lt;span style="font-weight:bold;"&gt;Better Business Bureau(BBB)&lt;/span&gt; issued a report detailing complaints it has heard of misleading offers made by &lt;strong&gt;YTB Travel International&lt;/strong&gt; sales reps.And just as before &lt;strong&gt;YTB Travel International&lt;/strong&gt; has denied any wrongdoing. However,&lt;strong&gt;The Illinois Attorney General&lt;/strong&gt; and &lt;strong&gt;Better Business Bureau(&lt;br /&gt;BBB)&lt;/strong&gt; probes are the latest signs of deeper problems of the fast-growing company, which sells cruises, flights and online travel agencies websites in which people can earn commissions selling cruises and flights for a start up cost of $450 up front and a monthly fee of $50.&lt;br /&gt;&lt;br /&gt;Nevertheless, by the end of March, &lt;strong&gt;YTB Travel&lt;/strong&gt; has made claims to have sold 139,000 of these agencies and had claimed that &lt;strong&gt;YTB Travel&lt;/strong&gt;&lt;br /&gt;has more than 340,000 sales reps, who pay nothing But, are earning commissions for each agent they sign up.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Natalie Bauer, a spokesperson for The Illinios Attorney General Lisa Madigan would not say exactly when the Illinios probe started,did state the probe had indeed been opened for a while now and are in the process of conversing with The California Attorney General's Office in hopes to gather information of their findings. Her office has received 70 complaints about &lt;strong&gt;YTB Travel&lt;/strong&gt; since 2002.&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Trave and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;br /&gt;&lt;a href="http://traverustravelupdate.blogspot.com"&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel&lt;/span&gt; Update and &lt;span style="font-weight:bold;"&gt;TeleVerus Cell Phones&lt;/span&gt;&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-7816648377900551019?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/7816648377900551019/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=7816648377900551019' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7816648377900551019'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7816648377900551019'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/08/illinois-launches-probe-into-ytb-travel.html' title='Illinois launches probe into &lt;strong&gt;YTB Travel&lt;/strong&gt;'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-724292676363021838</id><published>2008-08-05T19:18:00.000-07:00</published><updated>2008-08-09T10:46:58.526-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='yourtravelbiz.com'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB BBB'/><category scheme='http://www.blogger.com/atom/ns#' term='California Attorney General'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><category scheme='http://www.blogger.com/atom/ns#' term='pyramid scheme'/><title type='text'>California YTB Travel Faces Lawsuit</title><content type='html'>&lt;strong&gt;YTB Travel News&lt;/strong&gt;(press release):&lt;br /&gt;&lt;br /&gt;In a story released by Doc Bunkum Stowaway &lt;strong&gt;YTB Travel&lt;/strong&gt; has once again been found to be&lt;br /&gt;an ILLEGAl online &lt;strong&gt;pyramid Scheme&lt;/strong&gt; this time in the state of California. A stated in many of my older blogs I have stated that &lt;strong&gt;YTB Travel &lt;/strong&gt;has been deceptiing of many of &lt;strong&gt;YTB Travel&lt;/strong&gt; member with the concept that as &lt;strong&gt;YTB Travel &lt;/strong&gt;Reps one could earn large sums of money by joining &lt;strong&gt;YTB Travel&lt;/strong&gt; . Now, I'm not saying that this is not total true, for the minority of &lt;strong&gt;YTB Travel&lt;/strong&gt; members, 75% to 85% to be more exact are not seeing any money in this &lt;strong&gt;YTB Travel&lt;/strong&gt; opportunity while only 15% to 25% are making ALL the money off the backs of &lt;strong&gt;YTB Travel&lt;/strong&gt; reps. But, maybe&lt;br /&gt;you are tried of here this from me So, I'll let Mr. Stowaway come to my aide and reveal what has been found by The &lt;strong&gt;California Attorney General&lt;/strong&gt; found.&lt;br /&gt;&lt;br /&gt;&lt;blockquote&gt;Here we go again...&lt;br /&gt;&lt;br /&gt;Embargoed Until 10:00 p.m. Pacific Time on August 4, 2008&lt;br /&gt;Contact: California Attorney Generals Press Office 916-324-5500&lt;br /&gt;&lt;br /&gt;Ca. Atty. Gen. Brown Sues To Topple Online &lt;strong&gt;Pyramid Scheme&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;LOS ANGELES--California Attorney General Edmund G. Brown Jr. today sued YourTravelBiz.com for operating a gigantic &lt;strong&gt;pyramid scheme &lt;/strong&gt;that recruited tens of thousands of members with deceptive claims that members could earn huge sums of money through its online travel agencies.&lt;br /&gt;&lt;br /&gt;“&lt;strong&gt;YourTravelBiz.com &lt;/strong&gt;operates a gigantic &lt;strong&gt;pyramid scheme&lt;/strong&gt; that is immensely profitable to a few individuals on top and a complete rip-off for most everyone else,” Attorney General Brown said. “Today’s lawsuit seeks to shut down the company’s unlawful operation before more people are exploited by the scam.”&lt;br /&gt;&lt;br /&gt;YourTravelBiz.com and its affiliates operate an &lt;strong&gt;illegal pyramid scheme&lt;/strong&gt; that only benefits members if and when they find enough new members to join the scam. Once enrolled, members who join the &lt;strong&gt;pyramid scheme&lt;/strong&gt; earn compensation for each new person they enlist, regardless of whether they sell any travel. The company lures new members by offering huge income opportunities through online travel agencies yet the typical person actually makes nothing selling travel.&lt;br /&gt;&lt;br /&gt;According to company records there were over 200,000 members in 2007 who typically pay more than $1,000 per year--$449.95 to set up an “online travel agency” with a monthly fee of $49.95. In 2007, only 38 percent of the company’s members made any travel commissions. For the minority of members who made any travel commission in 2007, the median income was $39.00--less than one month’s cost to keep the Website. There are at least 139,000 of the company’s travel Websites, all virtually identical, on the Internet.&lt;br /&gt;&lt;br /&gt;&lt;b&gt;YourTravelBiz’s&lt;/b&gt; extensive marketing materials include videos of people driving Porsche and other luxury cars, holding ten-thousand dollar checks, and claiming to be raking in millions of dollars in profits. The company advertises through its Website http://www.ytb.com, and at conventions, workshops and nationwide sales meetings which have been held in California locations such as Los Angeles, Sacramento, San Francisco and San Diego.&lt;br /&gt;&lt;br /&gt;Brown charges the company, its affiliates, and the company’s founders J. Lloyd Tomer, J. Scott Tomer, J. Kim Sorensen and Andrew Cauthen with operating an “endless chain scheme,” an unlawful &lt;strong&gt;pyramid&lt;/strong&gt; in which a person pays money for the chance to receive money by recruiting new members to join the &lt;strong&gt;&lt;strong&gt;pyramid&lt;/strong&gt;&lt;/strong&gt;. Brown also charges the company with unfair business practices and false advertising practices including:&lt;br /&gt;&lt;br /&gt;* Deceptive claims that members can earn millions of dollars with the company&lt;br /&gt;* Operating without filing legally mandated documents with the attorney general and the Department of Corporations&lt;br /&gt;* Selling an illegal travel discount program&lt;br /&gt;&lt;br /&gt;Under California’s unfair business practices statute, the company is liable for $2,500 per violation of law. Attorney General Brown is suing &lt;strong&gt;YourTravelBiz.com &lt;/strong&gt;to get a court order that:&lt;br /&gt;&lt;br /&gt;* Bars the company from making false or misleading statements&lt;br /&gt;* Assesses a civil penalty of at least $15,000,000 and at least $10,000,000 in restitution for Californians who were ripped off by the company.&lt;br /&gt;&lt;br /&gt;From August 6 through 10, thousands of members are preparing to travel to St. Louis for a national convention to learn new techniques to recruit more victims into the illegal &lt;strong&gt;pyramid scheme&lt;/strong&gt;. Last year at least 10,000 people attended a similar national conference. For more details on the company’s plan to perpetuate its scheme visit:&lt;br /&gt;&lt;br /&gt;http://www.yourtravelbiz.com/bizRep/Biz ... -18-08.htm&lt;br /&gt;&lt;br /&gt;For more information on pyramid schemes visit:&lt;br /&gt;&lt;br /&gt;http://ag.ca.gov/consumers/general/pyramid_schemes.php&lt;br /&gt;&lt;br /&gt;Any consumers who believe they have been bilked by &lt;strong&gt;YTB Travel&lt;/strong&gt; should send a written complaint with copies of any supporting documentation to:&lt;br /&gt;&lt;br /&gt;Office of the Attorney General&lt;br /&gt;Public Inquiry Unit, P.O. Box 944255&lt;br /&gt;Sacramento, CA 94244-2550&lt;br /&gt;&lt;br /&gt;Or through an on-line complaint form:&lt;br /&gt;http://ag.ca.gov/contact/complaint_form.php?cmplt=CL.&lt;br /&gt;&lt;br /&gt;Today’s lawsuit against &lt;strong&gt;YourTravelBiz.com&lt;/strong&gt;, filed in Los Angeles Superior Court today, is attached. The lawsuit also names affiliates which include &lt;strong&gt;YTB Travel &lt;/strong&gt;Network, Inc., &lt;strong&gt;YTB Travel &lt;/strong&gt;Network of Illinois,Inc., as well as the company’s founders J. Lloyd Tomer, J. Scott Tomer, J. Kim Sorensen and Andrew Cauthen.&lt;br /&gt;&lt;br /&gt;# # #&lt;br /&gt;Doc Bunkum &lt;br /&gt;Stowaway&lt;/blockquote&gt;&lt;br /&gt;&lt;br /&gt;Now, I don't want anyone to think that I'm bashing &lt;strong&gt;YTB Travel&lt;/strong&gt; or any other company in these blogs because I'm not and nor do I take any glory in the negative events that &lt;strong&gt;YTB Travel&lt;/strong&gt; has be apart of in the past year are so, My main goal is to help a person make the Best Educated Choice as to what is the best vechile to achieve their goals and dreams.&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;strong&gt;Traverus Travel&lt;/strong&gt;&lt;br /&gt;1.877.744.3134&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-724292676363021838?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/724292676363021838/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=724292676363021838' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/724292676363021838'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/724292676363021838'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/08/california-ytb-travel.html' title='California YTB Travel Faces Lawsuit'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-5941552164483493929</id><published>2008-08-03T13:17:00.000-07:00</published><updated>2009-09-01T17:38:22.986-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb card mil'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb cancellations'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB SCAM'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb pyramid scheme'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><title type='text'>YTB Travel News: Bermuda Sun Investigation reveals card mill</title><content type='html'>&lt;strong&gt;YTB Travel NEWS&lt;/strong&gt;:(PRESS RELEASE)&lt;br /&gt;"A &lt;strong&gt;Bermuda Sun &lt;/strong&gt;investigation suggests that most people investing in &lt;strong&gt;YTB Travel&lt;/strong&gt; in the U.S. make their money by recruiting new subscribers, rather than from selling travel.&lt;br /&gt;&lt;br /&gt;Mr. Furbert - who plans to launch &lt;strong&gt;YTB Travel&lt;/strong&gt; in Bermuda next month - denied yesterday that the company is a &lt;strong&gt;pyramid scheme&lt;/strong&gt;.&lt;br /&gt;&lt;br /&gt;The &lt;strong&gt;Bermuda Sun &lt;/strong&gt;investigation also revealed that U.S. travel organizations are beginning to back away from &lt;strong&gt;YTB Travel&lt;/strong&gt;, calling it "a &lt;strong&gt;card mill&lt;/strong&gt;" because its agents lack bona fide travel credentials.&lt;br /&gt;&lt;br /&gt;Cheryl Hayward-Chew, vice president of Meyer Franklin Travel, confirmed travel suppliers are beginning to refuse discounts to &lt;strong&gt;YTB Travel&lt;/strong&gt;. She said people should do their research before signing up and warned that the people who are likely to make the most money are people at the top - those who buy in early.&lt;br /&gt;&lt;br /&gt;There is heated debate on the Internet as to whether &lt;strong&gt;YTB Travel&lt;/strong&gt; is a &lt;strong&gt;pyramid scheme&lt;/strong&gt; - whereby the money of new investors ends up in the hands of those at the top. "&lt;br /&gt;&lt;br /&gt;How much more water can The &lt;strong&gt;YTB Travel&lt;/strong&gt; row boat take on before the call "YOU snaked my battleship" is cried out?&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel and TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;225.590-770&lt;br /&gt;&lt;a href="http://traverustravelupdate.blogspot.com"&gt; Traverus Travel Update&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-5941552164483493929?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/5941552164483493929/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=5941552164483493929' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/5941552164483493929'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/5941552164483493929'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/08/ytb-travel-news.html' title='YTB Travel News: &lt;strong&gt;Bermuda Sun Investigation &lt;/strong&gt;reveals &lt;strong&gt;card mill&lt;/strong&gt;'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-1092061995377258328</id><published>2008-07-27T07:02:00.000-07:00</published><updated>2009-09-01T17:35:46.003-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb cancellations'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB SCAM'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><category scheme='http://www.blogger.com/atom/ns#' term='rezconnect'/><title type='text'>YTB Travel News</title><content type='html'>It has been mentioned that &lt;strong&gt;YTB Travel&lt;/strong&gt; is a public company inferring legitimacy and obviously infers it has been scrutinized by the SEC ... &lt;br /&gt;&lt;br /&gt;The SEC does very little due diligence's on reverse-merged companies... that's right! - REVERSE-MERGED COMPANIES also known as &lt;strong&gt;YTB Travel&lt;/strong&gt; ... &lt;strong&gt;YTB Travel&lt;/strong&gt; did not do an initial public offerring &lt;strong&gt;YTB Travel&lt;/strong&gt; simply bought a shell company ( &lt;strong&gt;REZConnect&lt;/strong&gt;) that was already trading on the OTC bulletin board for pennies (and who was loosing money by the buckets just like &lt;strong&gt;YTB Travel&lt;/strong&gt;.) - the merger actually enabled&lt;strong&gt; RezConnect&lt;/strong&gt; to write off $15M to "goodwill"! come on "GOODWILL" sounds like SELF-PERSEVERANCE if you ask me.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;YTB Travel&lt;/strong&gt; never went through the scrutiny by analysts or anyone else typically endured by a company that does an IPO. Opting for the method of "going public", although frequently done is in my opinion is quite underhanded - it doesn't add any capital to &lt;strong&gt;YTB Travel&lt;/strong&gt; ( one of the many reasons to go public in the first place) it merely adds some small ( depending on the market demand) amount of liquidity for the original players as well as the facade of legitimacy that hasn't truly been earned.&lt;br /&gt;&lt;br /&gt;Now, let's follow the &lt;strong&gt;YTB Travel&lt;/strong&gt; money trail to see how legitimate this deal was for the little guy caught in the &lt;strong&gt;YTB Travel&lt;/strong&gt; MLM scheme ... &lt;strong&gt;YTB Travel&lt;/strong&gt; under a little scrutiny for their filings to the SEC shows that for 2004 they claimed revenue of approx 11.5 Million, However, Of that 11.5 million 63.4% which is roughly over 7 million dollars came out of the pockets of &lt;strong&gt;YTB Travel&lt;/strong&gt; Reps. Moreover, 17.8 percent or just about 2Million dollars of &lt;strong&gt;YTB Travel&lt;/strong&gt; reported revenue was the GROSS sales amount of all the travel YTB Travel booked which is entirely offset within the cost of product as YTB Travel does not actually offer travel - &lt;strong&gt;YTB Travel&lt;/strong&gt; simply refers it.&lt;br /&gt;&lt;br /&gt;If you really did your do diligence's - it soon becomes apparently clear that about 4.4% or roughly $484,034.00 was actual commission on travel sold. Now based that on the over 8700 members that &lt;strong&gt;YTB Travel&lt;/strong&gt; has claimed to have in this filing that would have put the TOTAL average &lt;strong&gt;YTB Travel&lt;/strong&gt; commission for each &lt;strong&gt;YTB Travel&lt;/strong&gt; Rep would be less than 60 dollars now this is not exactly what you would call an promising home based business for the average person.&lt;br /&gt;&lt;br /&gt;Therefore,the only conclusion that one can conclude from going through &lt;strong&gt;YTB Travel&lt;/strong&gt; financials and yet there is much, much more to be looked at trust me, is that &lt;strong&gt;YTB Travel&lt;/strong&gt; are making money off selling &lt;strong&gt;YTB Travel&lt;/strong&gt; memberships and the 50 dollar a month fee and not much else. If your into selling a product and being a travel agent - there is little money here. If your into selling MLM schemes and ripping off the public at large .... then &lt;strong&gt;YTB Travel&lt;/strong&gt; is for you.&lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;TraVerus Travel And TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;&lt;a href="http://www.traverustravelupdate.blogspot.com"&gt;Traverus Travel Update&lt;/a&gt;&lt;br /&gt;1.800.781.3254&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-1092061995377258328?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/1092061995377258328/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=1092061995377258328' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/1092061995377258328'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/1092061995377258328'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/07/it-has-been-mentioned-that-ytb-travel.html' title='&lt;strong&gt;YTB Travel News&lt;/strong&gt;'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-8900019123131822630.post-7187907211562051925</id><published>2008-07-26T11:28:00.000-07:00</published><updated>2009-09-01T18:22:54.016-07:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='ytb travel news'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB SCAM'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB BBB'/><category scheme='http://www.blogger.com/atom/ns#' term='televerus cell phones'/><category scheme='http://www.blogger.com/atom/ns#' term='YTB Travel'/><category scheme='http://www.blogger.com/atom/ns#' term='ytb news'/><category scheme='http://www.blogger.com/atom/ns#' term='Traverus Travel'/><title type='text'>YTB Travel News- "your very own " pyramid scheme</title><content type='html'>&lt;a href="http://getthereheavenly.etraverus.com/lcp/lcp23/lcp23.php"&gt;&lt;strong&gt;YTB Travel News&lt;/strong&gt;&lt;/a&gt;(PRESS Release July 26, 2008)&lt;br /&gt;&lt;br /&gt;&lt;a href="http://getthereheavenly.etraverus.com/lcp/lcp17/lcp17.php"&gt;&lt;strong&gt;YTB Travel&lt;/strong&gt;&lt;/a&gt; is a so-called multi-level-marketing scheme that tries to sell you "your very own travel agency". &lt;a href="http://ynotcruisefree.com"&gt;&lt;strong&gt;YTB Travel&lt;/strong&gt;&lt;/a&gt; claim that this will (1.) save you a lot of money when booking travel, (2.) make you money when others book travel through you, and (3.) make you money when you pull others into the &lt;strong&gt;YTB Travel&lt;/strong&gt; mouse trap.&lt;br /&gt;&lt;br /&gt;It will take a while before you find out that the &lt;a href="http://www.largestindustry.com"&gt;&lt;strong&gt;YTB Travel&lt;/strong&gt;&lt;/a&gt; privilege will cost you $500 and that's just for beginners, plus an additional $150 alone with a 7 hour day of "so called" &lt;strong&gt;YTB Travel&lt;/strong&gt; training( That's if &lt;strong&gt;YTB Travel&lt;/strong&gt; training takes place in your area) and then $50 each month for the maintenance of your &lt;strong&gt;YTB Travel&lt;/strong&gt; website.&lt;br /&gt;&lt;br /&gt;It will take you even longer to find out that the whole &lt;strong&gt;YTB Travel&lt;/strong&gt; scheme really doesn't work as advertised.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;YTB Travel&lt;/strong&gt; is a publicly traded company, meaning that there are financial statements that will support the above statement that the &lt;strong&gt;YTB Travel&lt;/strong&gt; scheme really doesn't work (even though &lt;strong&gt;YTB Travel&lt;/strong&gt; is over 12 months behind on reporting and is constantly redeclaring their reports).&lt;br /&gt;&lt;br /&gt;To make this long story short:&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;* &lt;strong&gt;YTB Travel&lt;/strong&gt; continues to lose more and more money year after year (However,the principles are making millions of dollars year after year).&lt;br /&gt;* The average &lt;strong&gt;YTB Travel&lt;/strong&gt; agent pays more than three times in monthly fees as they are earning in commissions.&lt;br /&gt;* &lt;strong&gt;YTB Travel&lt;/strong&gt; makes twice as much from "selling travel agencies" then from their "CORE PRODUCT", which is TRAVEL.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Let's take a closer look at my last key point: 65% of &lt;strong&gt;YTB Travel&lt;/strong&gt; comes from building the pyramid, proving that it's a true &lt;a href="http://www.mlmwatchdog.com/pyramid_burn_lounge_burnlounge.html"&gt;&lt;strong&gt;ILLEGAL PYRAMID SCHEME&lt;/strong&gt;&lt;/a&gt;. &lt;strong&gt;YTB Travel&lt;/strong&gt; has been reported to the SEC and within the next 6 to 12 months there will be decision rendered.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Moreover, to become involved with the &lt;strong&gt;YTB Travel&lt;/strong&gt; pyramid scheme you are allowing &lt;strong&gt;YTB Travel&lt;/strong&gt; to offer you an affiliate position with travelocity. However, if you don't believe that all of this is true just go to the Travelocity site directly, you will see that they the exact same site and that site is free. &lt;br /&gt;&lt;br /&gt;For More Information Contact:&lt;br /&gt;&lt;br /&gt;Daryl D. Alex&lt;br /&gt;Regional Executive&lt;br /&gt;&lt;span style="font-weight:bold;"&gt;TraVerus Travel And TeleVerus Cell Phones&lt;/span&gt;&lt;br /&gt;&lt;a href="http://traverustravelupdate.blogspot.com"&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel And TeleVerus Cell Phones&lt;/span&gt;&lt;/a&gt;&lt;br /&gt;&lt;a href="http://traverustravelraisesbar.blogspot.com"&gt;&lt;span style="font-weight:bold;"&gt;Traverus Travel And TeleVerus Cell Phones&lt;/span&gt; raises bar&lt;/a&gt;&lt;br /&gt;1.877.744.3431&lt;br /&gt;  225.590.7700&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8900019123131822630-7187907211562051925?l=ytbtravelnews.blogspot.com'/&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://ytbtravelnews.blogspot.com/feeds/7187907211562051925/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=8900019123131822630&amp;postID=7187907211562051925' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7187907211562051925'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/8900019123131822630/posts/default/7187907211562051925'/><link rel='alternate' type='text/html' href='http://ytbtravelnews.blogspot.com/2008/07/ytb-travel-news_26.html' title='YTB Travel News- &quot;your very own &quot; pyramid scheme'/><author><name>Traverus Pioneer</name><uri>http://www.blogger.com/profile/01653258328560568068</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='16441696836853931403'/></author><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry></feed>