ATTENTION YTB REPS…..SAVE YOUR BUSINESS!!

Numerous Directors have left YTB recently, the most notable among them being Holton Buggs. Holton was the quickest growing Director in YTB history and he’s all over YTB videos. Holton left YTB shortly after Convention August 2008), sending shock waves through the company. Many of YTB’s top leaders are realizing that YTB is not the honest company it was originally advertised as being.

In addition to Holton Buggs, another high profile Level 2 YTB Director, Joe Reid (President’s Club Sapphire Ring & CRTA Instructor), has also left now! The big players are moving and securing their positions with TraVerus Travel…. Don’t Get Left Behind, Secure Your Future Today with TraVerus Travel!

July 2008 - YTB loses appeal for IATA re-instatement (If it wasn’t an important certification, they wouldn’t have tried to get it back).8000 RTA’s quit YTB between April 2008 & June 2008, and this was before news of the California Attorney General’s Lawsuit hit!Industry experts expect massive attrition over the next 180 days to YTB’s remaining 131,000 RTA’s.YTB lays-off 17 employees the beginning of Sept. 2008…… Money problems?YTB reports 3.7 million in losses thus far for 2008, completely wiping out last years gains.August 2008 - YTB facing shutdown in California (2nd largest location of YTB RTA’s), due to lawsuit filed by California’s Attorney GeneralAugust 2008 - Illinois Attorney General opens joint investigation with California, which could close YTB’s doors if they file suit as California has already. Why could Illinois Attorney General put YTB out of business? Simple, YTB’s corporate office is based in Illinois!YTB’s new enrollments hit all time low due to massive levels of negative press, which are only going to get worse!Are You Going To Watch Your Team Disappear Over The Next 90 to 180 Days As More Bad News Roles Out, Or Act To Save Your Business? 8000 RTA’s Quit in The Last 90 Days, How Many in The Next 90 Days? Don’t Just Hope Everything’s Going To Work Out, Make It Work Out For The Best By Acting Now To Protect Your Team!ISN’T IT TIME FOR YOUR TEAM TO GET SOME GOOD NEWS? DON’T WAIT FOR THEM TO LEAVE ON THEIR OWN, OR FOR YTB TO GO UNDER, LEAD THEM NOW!

http://stlouis.bbb.org/WWWRoot/Report.aspx?site=142&bbb=0734&firm=110220794
BBB Rating

The BBB has received numerous complaints regarding YTB. Complainants report BBB Definition:

report - A summary of activity reflected in a company’s BBB file. Includes basic business background, BBB Accreditation information, and BBB complaint activity over the previous three years. Also reports may include any known government actions, advertising issues BBB

Definition:
advertising issues - Claims alleging print or electronic media advertised claims or practices misrepresent the service or product offer. or other information that results from activity conducted by BBB. that YTB misled them with offers of inflated earnings, refused refunds once consumers realized the program was not as advertised and was difficult to contact. These complaint patterns are reflected in the complaint statistics below. Several complaints are currently pending and are not reflected in this report BBB Definition:
report - A summary of activity reflected in a company’s BBB file. Includes basic business background, BBB Accreditation information, and BBB complaint activity over the previous three years. Also reports may include any known government actions, advertising issues BBB

Definition:
advertising issues - Claims alleging print or electronic media advertised claims or practices misrepresent the service or product offer. or other information that results from activity conducted by BBB.. The firm has failed to address its pattern BBB Definition:
pattern - More than 2 complaints involving the same allegations usually within 12 months that are significant in relation to the company’s size and volume of business. of complaints and respond to a BBB letter concerning certain aspects of the company’s financials and business affiliations.

Additional Information
YTB and several of its executives are being sued in the U.S. District Court for Southern Illinois, by past travel agents who claim the company was operating as an illegal pyramid scheme and employing an illegal chain referral sales technique in violation of Illinois Consumer Fraud and Deceptive Business Practice Act.

The suit, filed on August 8, 2008, in names two specific plaintiffs, but seeks class action status on behalf of potentially more than 1,000 people who were members of the YTB travel network.
The defendants are YTB International Inc. and affiliated services, YourTravelBiz.Com, YTB Travel Network Inc., YTB Travel Network of Illinois, Rezconnect Technologies, and the principals of the firm, including founder and head J. Lloyd Tomer and company executives J. Scott Tomer, J. Kim Sorensen, Andrew Cauthen and Michael Brent. The case is pending.
According to filings with the Security and Exchange Commission, for the first quarter of 2008, only 12.5% of YTB’s net revenue was derived from the online sale of travel, while almost 80% came from the recruitment of people to join their online travel business. Based on the number of RTAs listed in these filings, the average amount made by each RTA through the sale of travel through their Web site for the first quarter was $27.75; on pace for a yearly income of $111. It costs an RTA about $600 a year for the upkeep of their Web site, not including the initial $449.95 start-up fee.

In addition, the International Air Transport Association Network (IATAN) confirmed that their relationship with YTB was severed due to “failure to maintain standards of accreditation.” YTB disputed IATANS actions, but upon review the actions were upheld.

If you would like to finally join a reputable travel company with an outstanding record and is a trusted business within the travel industry, then I recommend checking out TraVerus Travel. At TraVerus Travel, our growing team genuinely cares about your success and has a proven record of success.