SCAM - EVIDENCE IS HERE!!!
It is hard to believe that so many people can be fooled by a few scam artists. Gala-Bari is nothing more that a shell of a company with no earnings. After extensive research here are the details you "real" people have been looking for...
Here are the facts:
1. Gala-Bari does NOT have anywhere close to $700,000 in cash! In fact, the company has less than $40,000! ***Ask for a copy of the bank statement***
2. The company does not have more that 40 distributors. Each distributor buys an average of $50 per month, for a grand total of $2,000 a month in sales!***The company may print you a list of 400, but all have left. See below***
3. The company pays its distributors approximately 50% commission, leaving the company $1,000 a month in income.***This is the company's compensation plan***
4. The company advertises itself as an ecommerce company, yet can NOT provide ecommerce. Wouldn't a company that says it has $700,000 in the bank pay for ecommerce software that can be purchased for as little as $100?
5. The company hypes the stock by saying it has linked up with Dell and other recognizable companies. In reality, all the company has done, is given anyone that goes to the Gala-Bari site, a method of leaving the site, and purchasing items from someone else. Any person with half a brain could create a website, put 20 links to other companies like IBM, Dell, etc..and say they are linked to big companies. Wow, what a concept, lets send the few people we get to take a look at our site, somewhere else so we don't have any chance in earning any money from them!
6. The founder Dianna Hubert has defrauded numerous investors and owes over $250,000 to individuals she scammed into joining her private placement. In fact, the private placement was not even registered with the VSE or other regulatory agencies. She has embezzled these funds and still has not repaid the monies. She was sent demands for the funds on March 3, 1999 and has still not returned them. ***You can see the founder herself comment that the monies will be returned as soon as she receives instructions on what to do with it...Check back in the comments in post 17, right here in TechStocks.***You can also call the VSE to see the complaints that have been filed regarding her embezzling of funds, and her defrauding of investors***
7. The founder has a history of bringing new people on as Vice Presidents, every 3 or 4 months for one purpose only, to steal their money. She promises them huge salaries, stock options, etc, then they invest their own money, she steals it, says the company isn't doing so well, and they have to quit. She then moves on to the next victims. ***You can see this with the various news releases over the last few years***
8. The company bounces checks to its distributors. You would think a company with so much money in the bank would have no problem paying its sales force. At one time, the company had 200 people as distributors, all of which came from one person...Richard Hix. He was the key distributor for Gala-Bari and left because of lies told by the founder Dianna Hubert, and because is commission checks bounced. He left the company and took 90% of the distributors with him.***You can call him directly, for the details. He will tell you the truth about Gala-Bari. His phone number is 702-451-0112***
9. The company has such a bad credit rating, it can't even get its own credit card processing machine. The company has to use an outside source. It's no wonder why they can't get ecommerce.
10. The founder, Dianna Hubert has stated that any time the stock gets too high, she will just dump her shares into the market to bring down the price. Obviously, when you do not have any sales, you don't have any income. In order to live over the last 10 years, she has played this game. By issuing millions of shares to herself, she can drop millions into the market, anytime she wants a little money.
11. The company has walked away from its obligations. The company owes numerous companies for services rendered. Gala-Bari has decided not to pay.***Call the Sunset Station in Las Vegas, she still owes them for rooms she stayed in back in February. The hotel has been unable to collect, due to all of Dianna Hubert's and Gala-Bari's credit cards being over the limit. She has stated that the way she pays bills is to max out all of the credit cards and just pay down what she want to pay for***
These are a few of the facts I have uncovered. I strongly urge you to look into these matters yourself. Your hard earned money should not be bet on a company that has no intention of succeeding. The only goal of the founder is to play the market, watching her news releases put the stock up a few cents so she can scam a few more investors of their money. Don't be a fool.
Those of you that are "real" people, those of you that aren't here to scam others out of their money, WATCH OUT. Individuals like David Michaud, Wisam, Cash Money, and others like them (people that work with Dianna Hubert to hype the stock), are poison. They are here to make you believe you are investing in a real company. The truth is, Gala-Bari is a SCAM. Leave while you have a chance.
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