Guitar Matrix for Sale

[concerned]

This guy has some nerve. He is selling the matrix site, and running with the money. He has decided to sell, and make the new owner responsible for the current customers that will cycle. He will be keeping all proceeds to date. In addition, he says that the new owner will be responsible for any legal issues. What a kind and generous person.


http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2556963256&category=46689

Payment will be through PayPal or money order, on my terms. If through PayPal, it will be broken up into several smaller payments to lower the fees. The current owner of Guitar Matrix is not responsible for the portions of previous sales to go towards cycling. The new owners will be responsible for cycling the members out of his own sales, and is responsible for any legal issues that may arise.

[mikv]

That can't be legal, can it? Can you sell a company that was never really a company and make the new owners pay for whatever was pending before they took over??
Clearly a case of this guy trying to rob people, but also trying to rob the new owner by charging them to take over the site and leaving them with all outstanding debt. I tell you GREED is a powerful force. As well shadiness has NO LIMITS when a shady person sets their sights on something...I hope this prompts the customers to start a massive chargeback campaign. They better do it quick to as it sounds like this owner is in a hurry to get the site of his/her hands.

[MatrixWatch]

I'm not sure about legality, but it sounds almost like what happened with EzExpo back in February, doesn't it?

Check the auction:


http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2556963256&category=46689


Look into the seller's feedback.. He was selling spots on his matrix through guitar auctions! Did any of the eBay watch dogs catch this one.

If someone buys this site, he is making a serious mistake. It is not an investment, it is a liablity. Things will not get any better for the matrix sites this month, and it is a bad time to buy/start a site.

Also, about the chargebacks, just make sure that no "illegal" chargebacks are filed by lying about not charging the purchase or by saying you never received a product (which you probably did). Be open and honest with the representative from your CC company and hopefully they can work things out with you.

[concerned]

Yeah, I also just read a thread at Top-Matrix I think about the sale of this site. The site owner has tried to defend himself, but not very good.

Here is the link.

http://www.top-matrix.com/forum/viewtopic.php?t=1494

He states that he does not have the time to run the site anymore.

But then you should have a look at this thread.

http://www.top-matrix.com/forum/viewtopic.php?t=1475

He is considering partnering with a new matrix site. What happened with the lack of time?

[hurley9192]

I never even thought of looking for a guitar on ebay...

I wonder what other products are out there on auctions like this...

[peterdragin]

I busted him many times, he finaly gave up trying to list auctions.

He only sold 2 before I found him. That was is last sales..

[hurley9192]

I just got a reply back from one of the people that he scammed. Guess what, they bought this 3 months ago and never got anything. Now they want their money back.

[MatrixWatch]

Maybe they would be willing to come here and share their story. We could start a guitar matrix thread just in time for the "big sale". At least the new owner would see what he is getting into.

[FightingBack]

Originally posted by hurley9192
I just got a reply back from one of the people that he scammed. Guess what, they bought this 3 months ago and never got anything. Now they want their money back.

Wow, not even their ebooks what they paid for?Wow this site is scamming people then.

[matricesarebad]

I actually cycled on this matrix and got a strat within 2 weeks so you can say what you want but it worked for me:D

[concerned]

Originally posted by matricesarebad
I actually cycled on this matrix and got a strat within 2 weeks so you can say what you want but it worked for me:D

Yeah, it worked for you at the expense of others. We have had this discussion 2 months ago. Just because it worked for you, doesn't mean it is right. I hope you can call everyone else tht bought you that guitar and tell them thank you.

[MatrixWatch]

Originally posted by matricesarebad
I actually cycled on this matrix and got a strat within 2 weeks so you can say what you want but it worked for me:D

I don't think that anyone said that no one gets anything from the matrix sites. All we have stated is our agreement with an statistic released by the FTC (Fed. Trade Commission) that only 2-3% of the people who invest in these schemes ever see a return on their investment, while 97-98% of the people on these lists end up with nothing. While you may have cycled and you don't believe Guitar Matrix is a scam, you are a minority opinion. 97-98% of the customers would disagree with you. They never have, and never will, see a dime.

This is the statistic that concerned me back in May, and thus, Matrix Watch was created to speak on the behalf of the duped customers.

[Ravenfan3888]

Ok Listen, i am not scamming anyone. I know everyone thought being responsible for the current cyclers was messed up, so i made it whoever buys it will have the amount owed to current cyclers subtracted from their payment to me for the site. I WILL NOT sell the site to someone who i feel will not be able to maintain it. Look, if i could find a partner to split time with on the site, i would. I just dont think anyone would be interested. Now who didnt get their ebooks upon purchase? That was the main thing i tried to make sure i did every time. Whoever didnt get their ebooks, just send me an email. I apologize for that. I honestly dont understand why you all think im a crook. I am not going to ripp off anyone.

[MatrixWatch]

Please read my previous post. 97-98% of your customers will be left unrewarded. That is why people are raising questions to your marketing model. Let's get one thing straight, people do not buy into your site for the eBooks. Furthermore, if you are selling eBooks in exchange for a chance to win a prize through a matrix, then most state laws call that an illegal lottery. I would not suggest that you sell such a liability to another person.

Your auction reads, "The new owners will be responsible....for any legal issues that may arise."

In my opinion, you should close down your site and refund the customers.

[hurley9192]

if you can find someone that can keep this thing going, then let me know and I'll have them run my business as well. The bigger the list, the slower it moves.

[Ravenfan3888]

How many times do i have to say this....IF MY SITE DOES NOT SELL I WILL CONTINUE TO RUN IT. I JUST WONT BE ABLE TO PUT AS MUCH TIME INTO IT FOR A WHILE. Listen, i am not trying to scam anyone. The bottom line is its my site and i can sell it if i want to. The only reason i have that legal issues clause in there is so that if the NEW OWNER was to close down the site, people wouldnt come complaining to me. What is so wrong about that?

[hurley9192]

that's fine if you aren't trying to scam someone...however, you will need to add a bunch more legal clauses that deal with issues prior to the sale and regarding lawsuits. Since you are knowingly running what people call a ponzi scheme, you can't claim ignorance because we've informed you and have a written record of it that will be produced in court if need be.

Courts have decided that throwing a blanket "I'm not responsible clause" onto a contract doesn't just remove them from liability.

[concerned]

Yeah, look at the EZEXPO lawsuit. Both OWNERS are being sued. You are not immune!