Green Energy Enterprises Inc. (GYOG)

[The Best Alchemist]

LMAO@U = So your telling me basically that neither QSAP or CentaFlix have any kind of marketable product? That they are simply looking for new distributors? I find this comical considering I have owned shares for a long time and no one has approached me to be a distributor...I wonder why? Have I been left out? OH = dang it...not again...LOL.

Read what you just posted and tell me how these two companies fall into this category? The last time I checked QASP actually offered a flying training service and CentaFlix offers an online learning service.

================================================================


Yes and then there are pyramids like the QASP/CentaFlix!

Quote:
Franchise fraud (or 'franchise churning') is defined by the U.S. Federal Bureau of Investigation as a pyramid scheme. The FBI website states:

pyramid schemes :—also referred to as franchise fraud or chain referral schemes—are marketing and investment frauds in which an individual is offered a distributorship or franchise to market a particular product. The real profit is earned, not by the sale of the product, but by the sale of new distributorships. Emphasis on selling franchises rather than the product eventually leads to a point where the supply of potential investors is exhausted and the pyramid collapses. [34]

ALCHEMIST