SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : International Heritage (IHIN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gutterball who wrote (86)3/20/1998 8:48:00 AM
From: T Brown  Read Replies (1) of 454
 
International Heritage, Inc. is operating a network marketing company
(MLM). They are not only following the state rules of N. Carolina,
but they are also following the rules in Georgia, Michigan, Indiana,
Florida and Canada (as to answer someone saying most states have no
clue as to what's going on). These rules of how to operate as a
independent retail sales representative in all states are listed
(again i refer to the Edgar files over 300 pages) for the SEC and
for anyone wanting to search and read these files.

To answer the revenue: 150million is from people buying products from
IHI. Product pricing ranges from $25 to over a thousand dollars. It
doesn't take long with over 155,000 independent retail sales reps
across the country to make the provider of these products some money.

Now lets talk about where the company is: Lloyd Whitaker, the court
appointed receiver that took control of IHI late Monday, has stated
this week that this is not a Pyramid scam. Now has this been reported
of course not, why!?!, because it's not the dirt the papers want to
print.

To make a final point: after completely reading all the Edgar files
(call me crazy) but to become a independent retail sales representative costs a person $0.00.

Thanks
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext