Balance of payments issue from leading industry domainer/broker Kevin Leto

[AhmedF]

You seem to be confusing 'developed site' with 'its okay to rip content straight from AB so lets do it and say we worked hard.'

[KRL]

Not confusing anything. If you want some kind of enormous site with nothing on it except all original
articles how do you expect to do that for this kind of price range????

When I go to real estate sites I like looking at listings, pictures, video tours, articles, etc. You have to
have a variety of content if you expect people to enjoy their visit. And AB and other syndication sites
provide very informative articles that make it possible to create sites cost effectively.

---------- Post added at 02:56 AM ---------- Previous post was at 02:54 AM ----------

It also works better if you do a natural growth process on a site instead of just plopping it out.

You get much better and continuous indexing that way.

---------- Post added at 03:01 AM ---------- Previous post was at 02:56 AM ----------

And the idea is to provide a cost effective base article which then creates "original" content through
the interactive content provided by the site's users via their comments on an article or other blog post
and any added information they provide on posts.

[razorblade]

Thanks but it appears that's just how James is. He can be very insulting and acting childish with name calling to anyone, even to those simply expressing opinions about the situation. Unless you agree 100% with Razorblade about everything you will see his anger.

David,

I do have anger issues, not helped by extremely stressful situations.

I apologise for my behavior towards you.

[David G]

OK, thanks.

David,

I do have anger issues, not helped by extremely stressful situations.

I apologise for my behavior towards you.

[jaydub]

Now that's cool James...

David,

I do have anger issues, not helped by extremely stressful situations.

I apologise for my behavior towards you.

[FormerDnForumer]

David,

I do have anger issues, not helped by extremely stressful situations.

I apologise for my behavior towards you.

Jesus Christ, an actual sincere apology on an Internet board. Now I want you to get your money back even more

[AhmedF]

Oh man Kevin did such a great job.

Oh wait no. He has done absolutely nothing. Scamming liar.

[KRL]

Ahmed your post is not accurate nor true.

[AhmedF]

The last time I called you out was April 4. Which is when you last updated it. I was busy and didn't say anything ... and nothing happened. The front page is still littered with 'link link link' and 'advertiser advertiser advertiser' filler text.

Nothing happens unless I call you out ... and what does happen equates to maybe 10 minutes of work. The "site" is a stagnant piece of shit that is nothing more than a bunch of RSS feeds. Your "development" is so piss poor that you actually link to "/" and "/index.php" like an idiot. The one piece of "content" on the site is something you lifted off of ArticleBase.com

The site either took < 1 hour or you are an imbecile. There is no tertiary option, and the two suggested simply point to a lying scammer.

The last turd I evacuated from my bowels is more unique than the piece of shit you have put up.

[KRL]

I am not an imbecile. The site grows each day. The content on a real estate site is supposed to be real estate information, listings, etc.
that is what I have done and will continue to grow for it.

[daddybat]

I'm a bit late to this conversation, but I would like to go back to your promise to me to develop 12 sites that I paid you over $900 for. I let this go a while back because I received nothing but promises that were never fulfilled. I was tired of following up to receive my sites, and I didn't feel like fighting for a refund at the time.

In retrospect, that probably was not a good choice on my part. It's very clear that I'm not the only person that had this experience. So I would like to ask for a refund for the sites that were never built and delivered. I should never have had to even keep asking about and following up with this.

I know that you've mentioned some difficulties that you've been having, and truly, I'm very sorry to hear that. I'm not trying to kick you while you're down. But really, it's way overdue that you address this to MY satisfaction. Please let me know - via this thread - how you plan to do that. I'm not really interested in a PM or a phone call about this at this time.

Kevin - STILL waiting for a reply on my request for a refund! Really dude - it's only a bit over $900! A baller like you should be able to put out that fire, or at the bare minimum, tell me how and when you plan to address this!

I DON'T want to hear any excuses or explanations. Just please - in a professional manner - let me know how and when I can expect a refund for the $900 that I sent you OVER TWO YEARS AGO!

BTW - I'm NOT going to go away again. So unless you want another annoying unsatisfied past almost client bothering you on this forum (and elsewhere) for the next 10 years - handle this like the professional that you are claiming to be!

And just in case you haven't replied to me here before because you forgot me - my real name is Bob. Although I'm not a baller like you and some others here - I do know a lot of people in this business, and I have a stellar rep. You've had my email and telephone number all this time. Not that I want a PM or phone call anymore. Just a long overdue refund......

Again - I'm truly sorry that you've had some troubles in your business. Lots of that going around today, throughout our current economy. We ALL have our own stories in that respect.

That does not give anybody a 'Get Out Of Jail Free Card' when it comes to unfulfilled promises. Flexibility and compassion do have a place in this and any business. No communication and avoiding payback does not! I hope that your and everybody else's domain business improves in the coming years.

So - once again - WHEN CAN I EXPECT A REFUND OF MY $900+????

---------- Post added at 12:02 AM ---------- Previous post was at 12:01 AM ----------

Kevin - STILL waiting for a reply on my request for a refund! Really dude - it's only a bit over $900! A baller like you should be able to put out that fire, or at the bare minimum, tell me how and when you plan to address this!

I DON'T want to hear any excuses or explanations. Just please - in a professional manner - let me know how and when I can expect a refund for the $900 that I sent you OVER TWO YEARS AGO!

BTW - I'm NOT going to go away again. So unless you want another annoying unsatisfied past almost client bothering you on this forum (and elsewhere) for the next 10 years - handle this like the professional that you are claiming to be!

And just in case you haven't replied to me here before because you forgot me - my real name is Bob. Although I'm not a baller like you and some others here - I do know a lot of people in this business, and I have a stellar rep. You've had my email and telephone number all this time. Not that I want a PM or phone call anymore. Just a long overdue refund......

Again - I'm truly sorry that you've had some troubles in your business. Lots of that going around today, throughout our current economy. We ALL have our own stories in that respect.

That does not give anybody a 'Get Out Of Jail Free Card' when it comes to unfulfilled promises. Flexibility and compassion do have a place in this and any business. No communication and avoiding payback does not! I hope that your and everybody else's domain business improves in the coming years.

So - once again - WHEN CAN I EXPECT A REFUND OF MY $900+????

[KRL]

Hi Bob,

We do need to clarify the details because some significant facts you left out on your post.

I went through our 2008 and 2009 emails. You had ordered 20 mini sites and I gave you a discount for that volume and
then you changed the order and you sent me an email saying you had family issues and wouldn't be able to pay yet. Then we ended up
doing the deal with 1/2 down payment. It was 6 months in June and I sent you an email letting you know all the pages and software was setup
and asked when you would be able to send the balance of the payment. You then changed the order down to 12 sites and I agreed to recalculate the
deal for the 1/2 payment you sent and I asked you to let me know which 12 of the original 20 to keep and which ones to remove from the order.
This gave you a price down to $75 and at the same time 6 months June from the order date I sent you another email reminding you to reset the DNS for the sites.
I know you are an airline pilot and travel extensively and that was the delay on your end.

And then that was the last email I'm showing from you.

So your mini sites were on the server. The order was 1/2 paid for. Then I agreed to let it be changed for just 12
per your request because you still hadn't sent the 2nd 1/2 payment. I sent you the DNS several times for you to
activate and requested your Google info and never got an email with that either.

And then I didn't see further emails in 2009.

So you have my number call me this weekend to discuss the resolution.

Kevin

---------- Post added at 04:17 AM ---------- Previous post was at 04:02 AM ----------

And also Bob, I just checked and all 20 of the mini sites are still on the server with the uploads dated at 6/3/09.

---------- Post added at 04:35 AM ---------- Previous post was at 04:17 AM ----------

Screenshot of one of your mini's files showing the upload date and still there.

[eeedc]

Is that a "screenshot" ? It looks like a photograph to me.
I use an inexpensive program called SnagIt for screen capture, but I have been using it for years and am not sure if there are better or even free screen capture programs.

[KRL]

Is that a "screenshot" ? It looks like a photograph to me.
I use an inexpensive program called SnagIt for screen capture, but I have been using it for years and am not sure if there are better or even free screen capture programs.

Yes I did a photograph capture with my cell phone.

[razorblade]

Positive update post coming in next 24 hours. Thanks.

[razorblade]

Kevin has finally got my payments up to date, and for that i am truly grateful. I really hope that i am not alone in reaching a mutually agreeable conclusion.

So one question remains. Is it fair to call Kevin a scammer??

My opinion WAS that he is. Based upon my view that being three months behind in payments, receiving email replies that were always vague and having finally had enough with a runaround, i started this thread, in which it quickly became apparent that i was not alone in having very serious issues with Kevin.

My big question to all those who stuck up for Kevin by dismissing the notion that kevin was a scammer and that rather this was simply a case of Kevin having cash flow problems.....my response was WHEN DOES A LATE PAYMENT BECOME A NON PAYMENT??

Now that Kevin has bought my payments up to date - it has answered the above question......NOT SURE, BUT EVERY DAY THAT PASSES WITHOUT PAYMENT WILL HURT KEVINS REPUTATION.

In Kevin's defense the following is true and is something that Kevin pointed out on a number of occasions in this thread.....I had approached Kevin to broker the FID concept - not the other way around.

Furthermore - given that a guaranteed return was a very sweet deal, i was eager to market the concept to my business contacts that i thought would buy into the FID structure and resulting payments.......and told Kevin that i could do this full time. His response was very cautionary as he stated that his concept was still in its early stages and that it would take time to prove that it would prove positive for both Kevin and his clients.

In the end, Kevin asked me to stop marketing the FID after i had brought in 2 new clients.

So this was always my big dilemma with Kevin.......if he was a scammer - why would he not want me to market and bring in as many clients as possible? if he was not a scammer - why was he delaying my payments for so long believing (as i still believe) that Kevin could afford to pay me - even if was from his personal current account .....

So - and i speak for myself here - i do not believe that kevin is a scammer any more because i have actually , finally, received my payments and hope that my final six payments get paid in a timely manner.

I hope Kevin and all parties concerned get matters resolved asap.

[KRL]

Thank you James.

---------- Post added at 05:16 AM ---------- Previous post was at 04:45 AM ----------

The dilema arose watching the value of dollar declining and thinking it was safer and wiser
to completely shift capital as much as possible into domains which had always been very liquid.

Then the domain marketplace slowed dramatically and the market was flooded with domains for sale,
and it became next to impossible to convert domains back into cash at anytime without
deep discounting and sometime even that didn't provide the usual sales.

When you have a large overhead and the market becomes more illiquid, you can still have income but
not in the proportion you need to maintain cash outflows properly and timely. And an enormous
amount of companies, even billion dollar ones, are being challenged by the chaotic economic times
we're in now in the same way.

On a positive note, this month the market has picked up again, and more sales are happening like
the steady pace they did in the past. So that starts to bring cash flow back into sync. Still not perfect
but at least more liquidity is coming back again.

One great big sale was closed and there are more large ones I'm brokering in the works and heading to
successful closings so that is good also. The high end of the domain market is picking up significantly.