Hello to all Speedlings members out there in internet land!
You have paid your thousands of dollars for access to the Promised Land of sleeping while you make tons of money! How's it working for you?
Like you, I paid out my $6000 and started my sites creation after doing the checks of trends and profitability of different search names and, to date, have earned a grand FIFTY-FOUR CENTS!! Woohoo!! How have you done?
Also, I thought that the total cost to maintain my sites would be capped at $2,000 per year regardless of the number of sites I created - I even checked with the sales pitchers at time of purchase BUT NO!! Every site created has to be repurchased again every year at original purchase price - did you know that? Changes the profitability looking foward doesn't it!?
I have tried to get my money back and even went back to the sales team in person to stake my claim. But I got barred from the meeting the team was running - and threatened with security if I didn't leave! I wrote to Head Office but in polite legal terms it told me basically to GET LOST!
Let me know how you have been travelling. Am I alone out there baying at the moon? Or are you in the same leaky boat? Post your views to this post or to speedlingsvictim@hotmail.com. Love to hear from you!
Gardenia wrote (http://adamginsbergspeedlings.blogspot.com/2010/03/adam-ginsberg-scam-or-real-deal.html):
ReplyDelete"Now they realize we need to add original content manualy. They are now promoting us to hire a Personal Manager for handling our websites to perform better.
Also now, Ebay has stopped accepting Speedlings members as an affliate unless you write your own good content and blogs manually. You have to submit Ebay yourself for approved partnership."
So, if you have 365 sites, for your original contents (articles), you will need:
(365 sites) x (1 article/site/week) x (30min/1 article) x (1hr/60min) = 183 hrs/week. You need 4 people working 45.6hrs/week/person to have the articles. Plus one more person to upload the articles, manage sites.
Where are the promises "Earn while you sleep. Passive income. Set and forget. Auto-blogging. Unique content"?
Moreover, Speedlings is a total rip-off (super over-priced), as Robert (http://sos-rob.blogspot.com/2010/10/speedlings-scam-adam-ginsberg.html#comments):
"Monthly cost for hosting unlimited sites (e.g. 365 sites): $9.95/mo. Annual cost is $119.40. Reference: http://www.netfirms.com/web-hosting/
Cost for new domain registration: $7.99 per domain (no ICANN fee, no extra fee for Who-is privacy). Reference: http://www.netfirms.com/domain-names/
Cost for 365 new domains: $2916.35.
TOTAL COST (ANNUAL) FOR 365 NEW SITES, WITH WHO-IS PRIVACY INCLUDED, AND HOSTING COST INCLUDED:
$3035.75 ( = 119.40 + 2916.35)= $3.0K.
Cost for using Speedlings (i.e. Adam's profit) is $12.0K - $3.0K = $9.0K.
If Adam Ginsberg could sell this Speedlings membership to 1000 uninformed people, he would be richer by $9 millions."
Finally, after suffering in silence and losing big money, Tony wrote (http://www.complaintsboard.com/complaints/speedlings-c386182.html):
"People with hundreds of websites are making 20 cents a month after 6 months for ALL of their websites.
The program costs $6, 000 and then a further $6, 000 to lease domain names. At 20 cents a month or even $20 a month it will a very long time to get your money back. On top of it all in 12 months time the lease on the domains expire and you have to pay again so every year the cost gets higher so the return will take longer."
In short, your "revenue" from Speedlings is almost nil, nada. You can "earn" some real money, by collecting aluminum cans & recyclables from trash bins, and sell to recyclers, to earn $50-100 a day, or $1500-3000/month.
The one person who got money from Speedlings is Adam Ginsberg. I am surprised that he is still free, going around to scam and defraud more people. Those people who cannot afford to lose money, and those who are helpless.
Please, Interpol, and FTC (USA), and Dept. of Justice, do something. Close the scammer's business, put him in jail, and take away his money. Call your local congressman to act on your behalf. Grand merci.Ciao.Adios.
It was too good to be true. Thank you for your blog. I was going to go to their 2 day event in November, but now I will give it a miss.
ReplyDeleteDanielle
It's a well organised, very well orchestrated, sophisticated scam. The only person that's making money from this is the grand thief AG and his henchmen + promoters (Empowernet in Australia) Stay away if you know what's good for you.
ReplyDeleteTotal scam.. Adam doesn't understand the internet...unfortunately for me... now i do.
ReplyDeleteI was going to continue to spend so that I'd be eligible for the money back guarantee.. but I figured that would be impossible to collect to...
karma is a bitch... he'll get his someday.