Vince Reed describes finding that a company's promoted social platform was actually a white-labeled, template-based website rather than proprietary technology. He reports that the founders misled distributors (including offering stock options tied to recruiting), concluded the founders were lying, and stopped doing the company's webinars.
I don't know how, but I stumble onto a website, and it looks just like the social platform in terms of this company, but it's not the company, it's something else. And come to find out, was basically a template based website. It was a white labeled platform. And, you know, I felt weird about it because the company was giving out these, like, stock options to some of their people who were bringing other people in. And I'm like, man, I don't believe this platform is built on the technology that they're saying. You know, start to realize that the founders of this company, they're 100% lying to all the distributors. So I pull out, I call the guy, I'm like, hey, I can't do these webinars anymore. I'm done.
