129 inquiries | Pyramid Scheme Business Opportunities
(310) 834-7305
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This firm is a manufacturer and wholeseller of a product called Tyre Grip Adhesive. They sell directly to brokers who advertise and offer distributorships for product sales on the retail market. A broker must purchase territory rights to one state or more to be eligible for broker benefits. According to the company, the initial investment for a distributor is $17,000. This buys exclusive territory rights, three pallets of product or 2,304 units. When considering any business opportunity, we suggest you carefully review the offer, background information on the company, its principals and officers and the contract if you are required to sign one. Obtain written clarification of all verbal promises and any unclear issues. Insist that the company prove any earnings claims it makes to your satisfaction. Verify that the company has met any registration or licensing requirements in your state. In California, if the initial investment for a business opportunity exceeds the amount of $500, and the seller assists the buyer past the point of the sale transaction, the company may be required to register under provisions of the SAMP Act. That stands for "Seller Assisted Msarketing Plan Act." As of 4/14/97, this firm has not registered with the California Attorney General as a business opportunity. For the most up to date registration information you may call, 619 645 2001.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
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