Blogspot - notravelmlms.blogspot.com
General Information:
Latest News:
More Info On The Fallout Between YTB and First Travel Alliance 24 Apr 2013 | 04:33 pm
We have obtained an email sent by Jeff Scott, president of First Travel Alliance regarding the recent split from YTB. As predicted more than a year ago, it appears to be the questionable business pra...
YTB Rolls The Dice With DIP Loan 17 Apr 2013 | 11:46 pm
In a SEC filing today, YTB advised that they have found a lender (Jamravel) willing to lend then $420,000 to cover operating expenses while they try to re-organize under bankruptcy. The loan is secur...
YTB Splits From First Travel Alliance, Will Issue Travel ID Cards Again 4 Apr 2013 | 09:36 pm
There is never a shortage of surprises with YTB. In late 2011, they sold their assets to Sixth Scott dba First Travel Alliance with promises of getting back in the good graces of Royal Caribbean and ...
YTB Files Bankruptcy 3 Mar 2013 | 09:01 pm
The once-huge MLM travel company, YTB (also known as Your Travel Business and First Travel Alliance) has filed for bankruptcy citing assets of $1.3 million and liabilities exceeding $7 million accordi...
Another Mass Exodus From YTB 16 Jan 2013 | 06:34 pm
As is typical with most MLMs, the core leaders will make their money off of the initial flurry of interest and then fly the coop. YTB went through this several years ago when Ron Head, PJ Jensen, and...
Bauknight, YTB's Cheerleader-In-Chief May Be Calling It Quits 9 Dec 2012 | 10:09 pm
A consistent cheerleader for YTB for nearly six years, Doug Bauknight has alluded that he may be moving onto different ventures. While professing that YTB had consistently allowed him to earn a large...
Another Lawsuit Filed Against YTB 13 Nov 2012 | 02:13 am
According to the Madison-St. Clair Record, YTB is being sued once again for breach of contract. A Canadian consulting company alleges an Illinois travel company, based in Wood River, failed to pay it...
YTB Prepares To Exit Travel Industry 9 Oct 2012 | 08:02 pm
It appears that YTB, the multi-level marketing company is no longer in the travel business. After selling their travel assets to Sixth Scott, LLC/dba First Travel Alliance last year, it appears that Y...
Scott Tomer Abruptly Resigns From YTB 6 Sep 2012 | 12:57 am
Scott Tomer, has abruptly resigned his position with YTB. According to an SEC filing submitted today: On August 31, 2012, J. Scott Tomer submitted his resignation as Executive Vice President and Ch...
Another Sign Of YTB's Move To Legitimacy 31 Jul 2012 | 09:16 pm
In a prior post, I discussed my conversation with Andy Cauthen and held the opinion that YTB may indeed be looking to turn things around and go legitimate. Today, is another step in that direction. ...
