Ramjet
Somewhere,#2Consumer Comment
Wed, February 29, 2012
If you check out the PDF file recommended in Quibids absurd reply, you will find some serious exceptions to the reported controls. Particularly check out paragraph 3. If this is the best they can do, it should tell you something. Plus, they are still trying to call what they do an auction.
http://www.quibids.com/static/productimages/files/QuiBids_Grant%20Thornton-FINAL%20Report_2011.pdf
Ramjet
Somewhere,#3Consumer Comment
Wed, February 29, 2012
Quibids and other sites like this are absolute scum and they know it.
As far as they are concerned it is an absolutely brilliant scam. They make HUGE amounts of profit on EVERY transaction, they simply cannot lose.
They try to pretend they are an auction but when was the last time you went to an auction and had to pay for every bid and they keep your money whether you win OR lose. Then they try to tell you that you can't lose because you can buy the product. Yeah, sure you can, the price is astronomical and they are not even authorized dealers so you won't even have a warranty if you are "buying" some kind of tech device.
It's really hard to imagine anyone falling for their obscene business model but I guess if people will fall for psychics they'll fall for anything.
Then the company has the arrogant audacity to come here and pretend they are ethical. They should be ashamed of themselves, but of course they are not.
Don't fall for it, please!
Ronny g
North hollywood,#4Consumer Comment
Wed, February 29, 2012
But the BBB should be rated F- for not giving these scumbags an F- rating..
I would not have any problem with this site if the ONLY terms and conditions were written more like this...
WARNING: This is a GAMBLING website. IF you GAMBLE here you WILL LOSE since that is how the GAMBLING business model works. IF the odds were in favor of the gambler, the gambling website/business could NOT survive.
But the BBB or quibids for some reason will not state the truth this clearly so people will continue to get suckered in.
Anyone...log onto quibids.com and report back how they inform everyone how this is risk or if you feel they are just luring in suckers that probably have no idea they are simply joining a GAMBLING/ entertainment website.
J4me10
Oklahoma City,#5UPDATE Employee
Tue, February 28, 2012
We are truly sorry to hear this is your impression of QuiBids. We can assure you that all practices involving QuiBids are in no way illegitimate. QuiBids recently passed an independent third-party audit of our integrity and internal controls. The following PDF file explains the audit in full detail: http://www.quibids.com/static/productimages/files/QuiBids_Grant%20Thornton-FINAL%20Report_2011.pdf QuiBids is also a BBB accredited business and has been since September 22, 2010. We are very proud of our A- rating with the BBB. For more information regarding our BBB accreditation, please follow this link: http://www.bbb.org/oklahoma-city/business-reviews/penny-auctions/quibids-in-oklahoma-city-ok-90016706 When purchasing an item on QuiBids, you will typically receive it within 7-10 business days. Some larger items, such as televisions, may take slightly longer to receive. If you ever experience an issue, please contact QuiBids by telephone at 1-855-QUIBIDS or by email at [email protected].