- Report: #677127
Complaint Review: Cyberwize - Live Smart 360 - Sarasota Florida
Reported By:
anonymous -
Sarasota, Florida, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
Cyberwize - Live Smart 360
2829 Cattlemen Road Sarasota, 34232 Florida, United States of America
Phone:
941-371-1010
Web:
livesmart360.com
Categories:
Business Rating:
(0)
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Cyberwize - Live Smart 360 Mark McCool Deceptive...Foreclosure...Not paying distributors...Change the Comp plan AGAIN to flush away stored volume...getting rid of liabilities Sarasota, Florida
Stay away from Live Smart 360-
Live Smart just had another Compensation plan changethat into affect a few weeks ago that flushed all stored business volume. The Company has chosen to pay commissionsmainly on signups. Get 5 to sign up on the left for $499 a pop and get another 5 to sign up on your right for $499 and get $1000....Doesnt this sound like a pyramid to you.Very littleproduct in the sign up kit. Poor qualityingredients that are questionable. People are resigning daily. Beware.
Below is a recent article of their recent foreclosures. This is probably why we didnt get paid from May-July. Poor money management. Read it for yourself.
Mark and Jeanine McCool, who have been hit with at least four foreclosure judgments totaling $1.1 million since May 2009, have managed to obtain $850,000 in fresh funds for their company, Ashtonpark LLC, from Hallberg Family Investments LLC, a Naples-based lender.
The McCools borrowed the money using a 2,548-square-foot industrial warehouse at 4448 McIntosh Road in Sarasota that they bought in May 2007 for $321,000 as collateral.
Among other things, the McCools run CyberWize.com, a web design and multi-level marketing company founded in 1999.
Mark McCool says on the Biznik.com website: I have a long track record of success having generated over $200 million in revenue, over 2 million product orders and over 300,000 customer accounts in my last venture. I am most proud of the people that I have helped become successful with many becoming millionaires based on the products and systems I have created.
I have a passion for helping people achieve their dreams and a love for creating life-changing products. I believe strongly in Internet marketing and love to mentor in that arena. I have served on the boards of four international direct sales companies and built several direct sales organizations with some in excess of 100,000 distributors.
Here is a list of the foreclosures filed against the McCools:
1) 4025 Cattlemen Road, Sarasota
Foreclosure Date: 6/24/2010
Amount Owed:$118,914
2) 2410 Slough Road, Sarasota
Description: 7,610-square-foot house
Purchase Date:8/27/04
Purchase Price: $980,000
Foreclosure Date: 4/23/10
Amount Owed: $801,064
3)West Coast Real Estate Consultants Inc.
Foreclosure Date:11/29/09
Amount Owed: $29,853
4) 567 Venice Lane, Sarasota
Description: 1,639-square-foot house built in 1971
Purchase Date: 4/2/04
Purchase Price: $457,600
Foreclosure Date: 5/15/09
Amount Owed:$602,072
