TASA from Concept Marketing International...

boafamily · #1 05-05-2005, 05:52 AM

I hope this is the correct forum for this question on the following company’s offerings?
A family member handed me a pamphlet yesterday about this TASA, which is a "Tangible Asset Savings Account" that is offered exclusively from the CMI company "Concept Marketing International".

It goes into a spill about being guaranteed and backed by the investment programs create by our U.S. government in 1985. You can deposit money into a TASA plan and get a reduction on your taxable income dollar for dollar without any limits on how much you can save and no savings or tax advantage caps.

Now the catch is that CMI has structured an exclusive referral compensation program for individual who assist CMI in sharing this valuable information. You have to have one of the CSA “Customer Sales Associate” to bring you in so to speak and then you get to listen in on a phone conference or attend a financial education seminar.

Has anyone else had any experience with this new take on an old game to give me some additional feedback to response to when they call me back, because this is the second time I have told them I was not interested.

Thanks in advance and have a blessed day,

Boa

Kevin Jenkins · #2 05-26-2005, 08:09 PM

CMI is not a scam, please research the company and its concepts further. You can verify the validity of the American Silver/Gold/Platinum Eagles by visiting the US Mint website http://www.usmint.gov. Also, you can verify CMI's financial concepts by visiting the IRS website http://www.irs.gov...further, please search the IRS website for the IRS Form 1041 and supporting IRS 1041 forms. IRS 1041 clearly identifies 'Complex Trust' as a legal entity and the supporting documents give detailed instructions on its proper use.

Each and every financial concept CMI promotes and offers its members is used by countless Financial Planners who service the wealthy in America, however they won't deal with you if you are not wealthy. If you are a normal wage earner (W2), financial planners will only offer you the basic stuff...life insurance, mutual funds, IRAs, 401(k), Money Market Accounts, CDs, etc. Please search the internet for information; http://www.google.com, search for keyword -Family Charitable Foundation; keywork - Complex Trust - IRS Form 1041.

CMI is simply a reseller of US Legal Tender Money, which is backed and garunteed by the Congress of the United States. Note: Please read the US Constitution - Article 1 - Section 8 and 10. CMI puts 80% of company profits back into its Sales Force in the form of profit sharing. Thus Registered Sales Agents earn all kinds of financial rewards for promoting CMI. CMI's unique commission structure enables the everyday person/family to own and operate a business , which of course, qualifies them to take advantage of the tax advantages our government allows business owners.

First and foremost, CMI's Debt Elimination Program teaches people how to get out of debt without using loan consolidations using debt counselors , or going into bankruptcy. Once the family gets out of debt CMI's education program help families learn how to generate wealth, preserve/protect wealth and properly pass wealth to their heirs using the same techniques monopolized by the wealthy.

What we must realize is that America is about Personal Accountability. If you are not wise enough to save for retirement, the government has a plan for you...Social Security...If you are not wise enough to take care of your health as well as plan for future medical expenses, the government has a plan for you...Medicare/Medicade...If you are not wise enough to protect your estates with a Will or better Trust, the government has a plan for you...Probate...do you get the point...? Either you take responsibility, or our government will treat you like the child you are and redistribut your estate according to their wishes...I am sure your family will just love the idea that you left them unprotected and up creek without a paddle.

Personally, I suggest you research the information using the websites I provided and then attend a one-on-one session with a certified presenter of the CMI business opportunity. Why? Based on the message you wrote either the person explaining the CMI opportunity did a horrible job, or you were so focused on finding something wrong you missed everything that was right.

I wish you well :)

Kevin Jenkins

MissyVixen53 · #3 06-01-2005, 07:58 AM

What take on an "old game" are you referring to? Concept Marketing International is not a scam. They do everything they claim. Yes, you can save money with the American Eagle Silver/Gold/Platinum coins. Yes, it is backed and guaranteed by the US Government. Yes, you can establish your own family foundation for charitable giving. Yes, you can save on your taxes by saving and giving. Yes, the US Mint is the only entity that can, by law, mint these coins (therefore it is not a "spill"). CMI is not the only Company that offers tangible asset savings accounts but it is the only Company that teaches Financial Education in the manner that it does. There is no "catch" in referring individuals into CMI thereby creating residual income; and last but not least, NO, it is not MLM!

MissyVixen53

balbrown · #4 06-28-2005, 08:17 AM

Tasa from CMI is the biggest joke Sliver trade around $7.40 and Cmi charges
$30 for each coin and have not shipped since Jan. For a company that give
advice on investment I call that a bad investment paying almost 4x the price,
you have to wait along time before you and make a profit they tell you 300% I say do the math it is a bad investment and also why is the founder being
looked at by the IRS. I say stand clear of this scam.......

dr poormouth · #5 06-28-2005, 03:28 PM

Moderator;
Still some life in the ashes of this thread, apparently.
Could it be moved to Investment Forum?

Kevin Jenkins · #6 06-30-2005, 07:22 AM

Quote:

Originally Posted by balbrown

Tasa from CMI is the biggest joke Sliver trade around $7.40 and Cmi charges $30 for each coin and have not shipped since Jan. For a company that give advice on investment I call that a bad investment paying almost 4x the price, you have to wait along time before you and make a profit they tell you 300% I say do the math it is a bad investment and also why is the founder being looked at by the IRS. I say stand clear of this scam.......

You are 100% incorrect. Please do your homework prior. Please visit the US Mint website . Our US Government, via the US Mint, wholesales the same uncirculated 1 once, American Eagle Sivler Coin, for $27.95...CMI as well as other US Government authorized resellers/distributors sell the same 1 once Silver Eagle Coin retail.

Note: Please note that circulated coins trade at a different rate than uncirculated coins. CMI deals in 100% uncirculated coins.

Please name a business/business owner which has not been investigated by the IRS at one time or another. That is the job of the IRS...to make sure businesses and individuals are operating within the LAW and properly paying Income Taxes.

If you are a member of CMI, please read the contract you signed. If not, then you are not knowledgeable of CMI and its concepts, thus your opinion is of no consequence to me or anyone else.

Intelligence is not a charateristic or a virture. Intelligence is nothing more than a tool. Either use your tool or leave it one the shelf.

balbrown · #7 06-30-2005, 09:55 AM

If you look at the link below

http://apmex.com/shop/buy/Silver_Ame...?orderid=0#160
When you get there they sell uncirculated coins at $8.24 why would you pay $195
for 6 or 7 coins from CMI when I could buy 23 for $8.24 for the same $195. Who
would be better off?? Yes everyone has a opinion and all I am saying is that I that
people can buy these coins cheaper somewhere else and who are you to speak for anyone else like you state prior... I saw the contract and it is a joke, CMI put all the responsible on you,also it was very hard to get answer from the company, and if you look at the BBB they are nothing more that a marketing company and nothing to do with finanical advice.. Also if the company is so great why have so many member left??
You talk about intelligence if you what to pay 3 to 4 times the price of a item I will be
more that glad to make a profit off of you, so who is the smart one, do your homework before you speak....

Kevin Jenkins · #8 06-30-2005, 05:34 PM

Anyone can buy American Silver Eagle Coins, which is real money according to the US Constitution, Article 1 - Section 8(5) and Section 10(1).

Let us not get into a pissing contest. The bottom line is this...My coins are paid for by the commissions I earn. And, I take advantage of small business tax deducation, which includes my CMI business transactions.

Because of CMI I have been able to accomplish the following;

(1) Start a FREE debt elimination program for active duty military personnel and their families

(2) Generate income/business revenue outside of my W2 employment

(3) Begin the process of creating a Family Charitable Foundation geared toward helping infertile couples pay for infertility treatment

(4) Donate 10x more money to my place of worship

(5) Partially fund a self-directed 401(k) with American Eagle coins

My state tax authority nor the IRS has had a problem any tax return I have filed since becoming a member of CMI. I have been associated with the National Security Agency since 1988, and the DoD investigators have no problem with my business, business practices, or connection with CMI. So, what is your problem?

balbrown · #9 07-01-2005, 03:24 AM

I agree with you all I am doing is showing you that you can buy uncirculated
coins at a lower price and your TASA would grow much quicker, your commissions are paid by the people you bring to CMI so you are helping yourself that is why the coins are so high priced to pay commissions.
Every time you make a purchase just think you can buy 3 to 4 times more
coins..Your business income is comming in from the people you get to do
CMI. I think you have a problem not I all I am doing is show you that you
can buy these coins much cheaper??..

Kevin Jenkins · #10 07-01-2005, 11:14 AM

Now we are getting somewhere. Question: If I purchased the American Silver Eagles, without operating a business, could I deduct the cost of the coins from my W2 income? I don't think so!

Let us assume I could purchase 3-to-4 times more coins outside of my CMI connection. So, instead of purchasing 60 Silver Eagles per year through CMI, I am now able to purchase 240 Silver Eagles per year.

CMI - 60 X $35 = $2,100. per year
Retail - 240 X $8.24 = $1,977. per year

Difference:
Number of Coins: 180
Diff Cost: $123.00

On the surface buying outside of CMI is the way to go...right?

(1) Buying the coins retail... I cannot deduct from my taxes the $1,977.

(2) I cannot trade-in/sell back the American Silver Eagles for Gold Eagles and deduct the paper loss at year end.

(3) Result - $1,977. worth of Silver Eagles in my possession. The coins will increase/decrease in value based upon the price of the precious metal and each coins intrinsic value

(4) No income generated

Are we sure buying retail is the right way to go!

Purchase American Eagles via CMI

(a) Buying coins by way of business/sales activity via CMI...I CAN deduct from my taxes $2,100.

(b) I CAN trade-in/sell back the American Silver Eagles for Gold Eagles and DEDUCT the PAPER LOSS at year end.

(c) I EARN referral sales commissions from the sales activity of the people I introducted to CMI. The American Eagles no longer cost me any money.

(d) CMI is not an MLM...it uses MLM concepts to explain how sales sales activity is tracted via its properitary MOD-3 SC software, which is a simple looping algorithm. Yet, the bottom line is CMI is not an MLM. CMI needs more sales activity; not more people selling

(e) Result -
1. the $2,100. is deductable
2. earned sales commissions + qualified for company profit sharing
3. after qualifying for bonus commissions, my TASA grows like crazy
without having to invest money out of my own pocket
4. Ideal Tax Service prepares my taxes at the end of the year
5. The US Government/US MINT sends me a thank you card each
month for helping to lower the national debt

What convinced me to join CMI was not generating money via reselling US Legal Tender Money - well a just a little bit. What convinced me to join was that professionals within CMI, to include the Founder, are teaching people how to protect themselves and their assets/estates using the same techniques used by the Kennedy's, Bill & Linda Gates, and other wealthy families in our country.

Good Luck to you and I hope the best for you

Kevin

Oberon Black · #11 07-02-2005, 09:45 AM

Kevin,

I have been approached by CMI. I have looked at the price of the coins both via retailers and CMI which is simply another retailer. I also currently own a small business, so why would I have to be part of CMI to take advantage of its educational benifits. Especially when I have to continue to pay for the educational information via seminars, and other out of pocket paid educational expenses. It seems to me that I should be able to buy my coins from any retail outlet and simply pay CMI for its educational classes. As long as I purchase the 1 monthly $35 coin from CMI for membership (to what I still do not know), since non of the fees that I pay go towards providing me with the educational information that CMI does provide....yes I know that CMI truely does offer this info but again it is at an addiitional cost to the member, $50 per month for somethings and upto $125 for seminars, and cds an tapes that can cost upto $200+.

So where is the extra overhead for the TASA coins, Membership coin, seminars, tapes and cds going?

Why do I have to work for CMI to enjoy the benefits of its paid classes?

Kevin Jenkins · #12 07-02-2005, 10:27 AM

CMI is nothing but a tool to be used. CMI is not the way, but a way to change a persons/families social-economic future. The fact that you own a small business tells me you already know and understand the importants of taking responsibility for your own affairs and life. Opportunity in America, in my opinion, is all about taking responsibility for yourself.

CMI is not teaching anything new or secret. Any university MBA program will gloss over financial concepts presented in CMI seminars. Yet, our educational system is geared toward teaching you how to apply the knowledge and information in order to secure a higher paying job...in other words you help secure someone elses future. CMI teaches you to put the knowledge and information together in a usable formate for your own use.

Actually, CMI has a headquarters building in MO. There, CMI members attend hands-on training seminars to set up your Business Structures, as per IRS 1041, and Family Charitable Foundations.

20% of CMI profits go toward paying for company operating cost, and 80% is paid out in the form of CMI profit sharing/bonus commissions.

Lastly, prior to joining CMI I attempted to help my parents set up a Trust and we also looked into starting a Charitable Foundation. The cost of setting up theses entities was cost prohibitive and the professionals were not forthcoming as to the process. By way of CMI, I have learned how easy it really is to set up these business entities and charitable foundations and have reaped the rewards for my own efforts.

Note: I do not purchase or attend every CMI seminar or buy all tapes and cds, etc. I only have what I need to help explain the opportunity to others. Personally, my main focus is helping people, military families, get out of debt without going further into debt via consolidation loans, etc.
CMI is only introduced to them after they have completely gotten themselves out of debt. There is not obligation to join CMI...

end

Oberon Black · #13 07-02-2005, 03:39 PM

Wait a second. I want a plain english, straight forward answer to the following questions.

1. TASAs are tax deductible to any small business owner, either in or out of CMI?

2. I purchased the Success Pak for $83 and all I got was a cd with the same information shared in the free invitation meeting and a bunch of forms that wanted me to buy more CMI products, so where is the tax saving information, the foundation kits, the Trust information. THis is all in a second purchase or seminar correct?

3. Why does CMI charge $83 for the Success Pak that is simply filled with more CMI forms that benefit the company and not the individual? Grant the debt reduction paperwork helps you view your debt better but it is geared towards you appling more of your saving into CMI.

4. Plain and simple CMI seems to be a scam based on the fact that it is like some sort of wierd drug dealer they give you a sample for free but them have you pay more an more just to get one simple answer. I bet Kevin will come back with a mumbo jumbo explaination to this stratagy.

5. If CMI is really tring to help families shouldn't the company and its agents be upfront on time and cost required to gain any significant information via CMI? What with all the secrets and buy this or come to that?

I must admit I liked the idea of what CMI has to offer but after recieving the $83 Success Pak and researching the cost of coins I began to feel that this is and was a scam. I would love from a CMI member to contact me with the actual paperwork, training kits, seminar tape, intruction or some solid piece of evidence that can show me a CMI client that this system is real an not a scam to get the founder more wealth then it does its agents. I am 3 days into CMI, I rush mailed my order forms and the next day after reading more into the Success Pak and finding nothing to justify my $83 purchased sent in a notice of cancellation. So I ask any CMI trustee or agent to produce something to show me and the rest of the world that CMI is not a scam. I am sure to get the standard either you beleive in the system spill and I doubt that I will get a real hard fact blueprint showing me that CMI is the real thing and that it does show people how to use the US Economic system to it full potential.

If that info can not be shared in this forum any CMI agent is free to email me at oberon.black@gmail.com

Kevin Jenkins · #14 07-02-2005, 09:58 PM

Am am speaking from my own understanding, and do not represent CMI. The owner and founder of CMI and his designated representatives can be contacted by visiting www.conceptmarketinginternational.com

My answers to your question:

1. TASAs are tax deductible to any small business owner, either in or out of CMI?

Answer: Yes! Tangible Asset Accounts are offered by many top notch investment firms in America. As a matter of fact, American Eagle coins, US Legal Tender Money, are the only tangible assets allowed to be included in a self-directed 401(k).

2. I purchased the Success Pak for $83 and all I got was a cd with the same information shared in the free invitation meeting and a bunch of forms that wanted me to buy more CMI products, so where is the tax saving information, the foundation kits, the Trust information. THis is all in a second purchase or seminar correct?

Answer: There is more than one Success Pack. The cost of each success pack increases based upon the amount of information and materials included. The $83 Success Pack is the least expensive and provides the least amount of information. All Success Packs contain the forms/contracts that are required to join CMI and begin purchasing American Eagle coins.

Note: The difference between the Success Packs is the amount of information/materials you receive.

Note: If you had purchased the most expensive Success Pack, like I did, you would not really need to buy additional CMI products/materials.

Only after becomming a CMI member is one allowed to attend the ($100) Tax Planning Seminar. The Tax Planning Seminars are held at various times and places across the country. Visit www.conceptmarketinginternational.com and view the calander of events.

Once a CMI member qualifies, by way of sales activity, can he/she attend the weekend long seminar, which results in the development of your Trust Company and Family Charitable Foundation. The weekend long seminar is held at the CMI headquarters in MO.

Note: No need to pay overpriced lawyers and accountants for what you can learn and do with CMI professional council and guidance.

3. (a) Why does CMI charge $83 for the Success Pak that is simply filled with more CMI forms that benefit the company and not the individual? (b) Grant the debt reduction paperwork helps you view your debt better but it is geared towards you appling more of your saving into CMI.

(a) Answer: CMI has the right to set their prices as they see fit. It is the individuals right to purchase or not purchase a product or service from a company based upon whatever factors they see fit.

(b) Answer: CMI is in the business of selling American Eagles, US Legal Tender Money....and providing its membes with personal finance education.

Note: I offer the "Debt Reduction Program" for FREE and do not cover the material related to starting a TASA. The course I offer is for military personnel and their families, because I want them to get out of debt. I do share with them the existence of US Legal Tender Money, which are the American Eagle coins. The only people I introduce to CMI are those that successfully get out of debt.

Note: CMI membership includes lawyers, accountants, CPAs, banking & investment professionals...basically I have a network of professionals an email or phone call away.

4. Plain and simple CMI seems to be a scam based on the fact that it is like some sort of wierd drug dealer they give you a sample for free but them have you pay more an more just to get one simple answer. I bet Kevin will come back with a mumbo jumbo explaination to this stratagy.

Answer: If you believe CMI to be a scam, please contact the IRS www.irs.gov and your local authorities and report CMI as a fraudulent buisness activity.

No company, whether a for-profit or non-profit, is in business because they want to go bankrupt. Thus, no company gives away all the information upon the first meeting with a prospective client/member/buyer.

Note: I would be willing to bet the person who introducted you to CMI was new to CMI. Thus, they probably were scared to admit their ignorance for fear of you loosing confidence in their assumed level of knowledge and intelligence.

5. If CMI is really tring to help families shouldn't the company and its agents be upfront on time and cost required to gain any significant information via CMI? What with all the secrets and buy this or come to that?

Answer: Yes! Everyone should be upfront about all aspects of doing business.

Answer: No! There are no Secrets

No company can truly mitigate unethical people, but once a company learns someone is misrepresenting the charater/bylaws of the company the company must act immediately to correct the problem.

Note: Because my mother and aunt, both legal professionals, introduced CMI too me, I did not have a problem getting CMI authorized answers or help in learning the CMI opportunity.

I must admit I liked the idea of what CMI has to offer but after recieving the $83 Success Pak and researching the cost of coins I began to feel that this is and was a scam. I would love from a CMI member to contact me with the actual paperwork, training kits, seminar tape, intruction or some solid piece of evidence that can show me a CMI client that this system is real an not a scam to get the founder more wealth then it does its agents. I am 3 days into CMI, I rush mailed my order forms and the next day after reading more into the Success Pak and finding nothing to justify my $83 purchased sent in a notice of cancellation. So I ask any CMI trustee or agent to produce something to show me and the rest of the world that CMI is not a scam. I am sure to get the standard either you beleive in the system spill and I doubt that I will get a real hard fact blueprint showing me that CMI is the real thing and that it does show people how to use the US Economic system to it full potential.

Answer: You did the right thing by cancelling your order. No one should make decisions based on emotion.

Comments:

The truth is people, everyday people, are members of CMI. The majority do not own/operate a high-level profesional business. Thus, they don't have an understanding of professional business ethics or truly understand the negative consequences of their words/deeds. All they know is that they can get paid simply by getting someone else to become a member of CMI. Unfortunately, this is the root of the problem with business structures like CMI. Anyone can sign up for a membership.

Yet, at the end of the day it is up to the individual members of CMI to ensure the people they introduce to CMI are properly trained and knowledgeable of CMI business practices. It is up to CMI as an organization to find a way to ensure its members are highly trained and conduct business responsible and with high standards.

Question 4 U: Without the high retail markup on the coins, how could CMI pay out 80% of its profits in the form of sales commissions to its sales force?

Question 4 U: The Wealthy in America live, work and play in Trust, as per IRS form 1041, and create Family Charitable Foundations. If they can do it, why can't you?

The same reason that stops you is the same reason that stopped me. However, I made a desicion to try and ended up in a position to help give back to the military community as well as begin the process of developing a Family Charitable Foundation to help infertile couples pay for infertility treatments.

Note: It took my wife and I 9 years and over $40,000 to to have our first child. We want to help infertile couples, because we have walked in their shoes.

Whatever decision you make, please do not let fear stop you. Do your research...!!!!!! contact the government and local authorities....visit the IRS website, search for IRS form 1041 and search google.com to find information on Trust Companies and starting a Family Charitable Foundation...etc. Don't let fear or unintelligent people stop you...it is your life...let them wallow in their own mud.

Depending on what state you live, I can forward you a name and a phone number of a AUTHORIZED and CERTIFIED CMI REPRESENTATIVE to talk with. Know the new member or non-certified person cannot help you much.

Take care,

Kevin J.
universal360@hotmail.com

Logic to live by...."Eliminate the impossible; whatever else remains, no matter how unlikely must be the truth.

oberon.black@gmail.com

Oberon Black · #15 07-03-2005, 06:31 AM

Question 4 U: Without the high retail markup on the coins, how could CMI pay out 80% of its profits in the form of sales commissions to its sales force?

Answer: It would not be possible.

Question 4 U: The Wealthy in America live, work and play in Trust, as per IRS form 1041, and create Family Charitable Foundations. If they can do it, why can't you?

Answer: It simply comes down to information. They have some information that I do not have. I would like to obtain this information but as I stated CMI seems to hide this down other avenues i.e. buy the large success pak, come to this seminar, become a member of that learning center. Which are all avenue of revenue for CMI. To be honest if I was told up front that I could learn how to gain tax breaks, create foundations and trust for lets say $800, and that I could possible recoup those funds at a later date I would have probably agreed to it. But the fact is that once people are burned they tend not to trust and cry out scam. That what is happening to myself and many others that are new to CMI. I live in the DC Metro and at this point I have to cry foul. I I dont think I should have to sell CMI to a public that demands solid resolve when I can not even prove that resolve until I sell so much of the product. Perfect example I love computers and if a new product comes out I will not go to a big box store like circuit city to buy the item, but I will go to the small white box store simply because the people there have usually tested the product and if not are not scared to say I have not played with this item yet. CMI agents are looking for the next commission and are not making sure that new members are ordering product to fulfill their needs nor are they insuring that the new member is understanding the entire scope of what CMI does and how they can apply it to other venues of business. CMI is not a cookie cutter system and it should not be treated as one. Recruiting members should groom, train and inform new members before having them commit to something. You bring up the military a lot, I was a Marine an I was romanced in but groomed and trained to be the very best fighting unit that United States had to offer period. There was no shortcuts taken. When I state that I was a Marine their is not one person who does not know what that means, why simply due to word of mouth. CMI is getting a bad rep. because of word of mouth from people who are getting shafted for a commission. Marines fix issues from the inside out not the other way around. I should not have to goto CMI HQ, senior agents should have enough vision to see there is a problem and fix it.

end

Kevin Jenkins · #16 07-03-2005, 10:54 PM

You, like me, have very high expectations. However, I think you are being unfair and unrealistic concerning CMI.

People attend 4/6 years of college, take specialized courses and pay large sums of money to qualify for the chance to take an examination in order to CERTIFY as a CPA, Financial Planner or Lawyer.

Knowing and understanding the above, is it FAIR for CMI to expect you to absorb/learn all they have to teach after you attend 1/5 seminars? Do you think it is fair for them to overload with complex and highly technical financial concepts? Do you think after attending a few seminars you will be 100% prepared to generate wealth, protect your assests and give charitably after attending a few hours of training?

In Closing:

Since you are an Ex-Marine you should understand this logic perfectly. I am an Ex-Air Force Combat Controller and Intelligence Officer.

In life there are no grey areas. Either you live by faith, or you do not live by faith. Either you do, or do not do something.

If and when you decide to do something, you do it with all you heart and soul. Failure is not an option.

Know this... I responded to your messages because you appear to care. However, we have both wasted enough time and effort pretending to be intelligent. It is time for you research the topic, and time for me to allow you to do your own research. I believe I have GIVEN you amble time and information.

CMI is just a tool. Nothing more, nothing less. You can achieve your dreams, with or without CMI. If you choose to use CMI as a tool, great! If choose to use another avenue, great! I don't give a damn how you achieve your goals, just %@4$%^ kick butt and take names.

FREEDOM IS A ROAD SELDOM TRAVELED BY THE MULTITUDE...!

I wish you the best - Semper Fidelis

BlessednUS · #17 07-23-2005, 04:38 AM

I know a number of people who have joined or who are considering joining CMI. I have been approached to join the company. First, I am wary of anyone who claimes "riches" with a minimum amount of work. I also tend to look closer at companies that have a multi-level approach to building profit. Don't get me wrong, there are a number of very successful MLM companies, so that is not the issue. I also am one for reading the fine print, which a lot of people don't do. The issue is: what is the focus from the company, based on their own documentation? CMI basically states that you can make money simply by recruiting three additional people. The "fine" print however is that, to make any "real" money with CMI, you need to recruit many more than three people. There also are stipulations as to how you become and maintain membership status with CMI, mainly based (it appears) on number of qualified recruits and purchase of coins. Also, in the fine print there is a 90 day deadline to provide CMI with 3 additional members to participate in any referral fees.

I know what tangible assests are. American Eagle Silver coins are, but so are works of art.

I know what savings accounts are. You can open one at any bank or credit union in the country.

TASAs? From the presentation I attended, I was given the impression (which I didn't buy) that you could "take your coins to any bank and cash tem out" -NOT Only a very few banks deal with coin. So the question that I haven't been able to get answered is where exactly is this TASA housed? Under my mattress? Do I simply have a "stash" of purchased coin in my house of safe deposit box?

I have relatives who provide the same debt reduction information provided by CMI for free to people living in distressed neighborhoods. I think it is laudable that some members of CMI provide this information for free to those with whom they come into contact(as long as they don't also say "and with the saving you can give 200/month to CMI for your TASA.")

Bottom Line: I am not knocking CMI because I don't know enough about the company. (That's how I came by this website in the first place!) I am saying that, based on CMI's own literature, you MUST market CMI to other people in order to make any money. You MUST essentially have a "down" line, which means there also is an "up" line, which makes it MLM in my book. If you are a "people" person, if you recruit 3 qualified people (these are people you know will buy into to the concept -pony up 200/month) within the 90 day time window and can motivate the to do likewise, then this may be a good opportunity for you.

Kevin Jenkins · #18 07-24-2005, 10:24 PM

Dear BlessednUS,

CMI has been in existence for 14 years.

The mission of CMI is to return financial control to the individual/family and take it out of the hands of your employer, the IRS and the government (Federal and State).

CMI offers the average American the opportunity to start a small unobtrusive business.

CMI is both an authorized reseller of US Minted Money www.usmint.com , which is the American Eagle Bullion Coins, and a financial education company.

The American Eagle Bullion Coins are REAL money, as per US Constitution – Article 1 – Section 8(5) and Section 10(1).

Note: The Federal Reserve Notes are Currency and not Money. Visit www.ustreas.gov to educate yourself

Qualified CMI members can attend workshops, at CMI Headquarters, which conclude with the creation of a Trust Company and Family Charitable Foundations, as per IRS Publications and Instructions.

The financial education offered by CMI is a holistic approach to personal financial management. CMI helps its members generate wealth, protect wealth, and pass wealth on to future generations - Generational Wealth.

CMI is not an MLM. The MLM industry business model requires more people in order to generate more revenue. This is called “The Ever Expanding Base.” This is both the strength and weakness of MLM based companies. Far too often in the MLM industry the only people earning income are those who are at the top of ‘The Ever Expanding Base”, or pyramid structure.

The mathematical algorithm employed by the CMI proprietary accounting system - MOD-III SC - does not require an ever expanding base. The algorithm generates a linear=line of sales activity. Simply put, members are at the end and beginning of the line at various times throughout the sales cycle.

CMI business model generates its own micro-economic system. Thus, the focus is on generating more sales activity regardless of the number of members. Again, due to the mathematical nature of using an LRS there is no down line or up line in CMI.

Note: If you need help understanding an LRS, please do not hesitate to ask. I will help you until you understand!

CMI pays out 80% of its business revenue as sales commissions/profit sharing.

Personally Speaking:

My experience with CMI has been positive. Yet, there are countless others who do not share my opinion. Not a big deal! CMI is no different than any other company or business in existence in the world today.

An example:

McDonalds® has served over 1 billion people since its creation in 1955. McDonalds offers an outstanding business and investment opportunity. However not everyone is qualified to purchase a franchise. To qualify you must prove substantial personal assets, and experience owning and operating a successful food service business.

Yet, even wealthy and qualified franchise owners are not always successful operating a McDonalds® franchise. The question we should ask, “is there something wrong with the business model and/or business processes? No, people are the problem. McDonalds has a 50 year track record of success and franchise owners successfully operate restaurants all over the globe.

Logically if the business model and/or business processes were the source of the problem the corporate leaders would (1) improve the business model and/or processes, or (2) reengineer the business model and/or processes to correct the problem.

McDonalds has not reengineered its basic business model in 50 years, they have only improved their business model and processes to keep up with ever changing laws, social-economic changes and cultural adaptations.

Due to the fact there are so many successful McDonalds franchise owners across the globe I am left to conclude the individual franchise owner who is unsuccessful is 100% at fault.

CMI and McDonalds are one and the same.

CMI is not the way, but a way! People can succeed with or without the existence of CMI. However, CMI has an outstanding business model and business processes to help anyone achieve the goal of financial independence.

If you like CMI, great! If you don’t like CMI, great! Achieve your goal by whatever legal and ethical means you see fit. But, don’, I repeat, don’t, make excuses for not doing the best you can for yourself and family. Believe me, I would run up and down your backside and tell you about yourself if I ever heard you make excuses. And, I would expect you to do the same to me if you ever heard me make excuses for my failures. That is what friends and god fearing people do for each other.

Remember the story of Job. What was his attitude toward the men who ministered unto him?

Anyway, I know I did not answer your questions. But, I was taken down another path tonight. However, I am obedient, thus I did not attempt to do otherwise.

Feel free to email me at universal360@hotmail.com. If you send me an email I will forward you an email with the answers to your questions. If, after receiving my answers you have additional questions or you decide to publish my answers on www.scam.com that is OK with me. By the way, if I cannot answer the question 100% I will research and study CMI materials until I learn the correct answer.

Take, Good Luck and god Bless

Kevin Jenkins

yolamac · #19 07-25-2005, 09:02 AM

FYI - You should contact the Missouri Securities Commission. They had a Cease & Desist Order issued to CMI back in 2003. CMI is under investigation. I was advised by the MO SEC NOT to invest in CMI's program.

Kevin Jenkins · #20 07-25-2005, 07:40 PM

FIRST THINGS FIRST:

The noun “Cease and Desist Order” has one meaning:

Meaning #1: (law) a judicial remedy issued in order to prohibit a party from doing or continuing to do a certain activity

Let me break it down for you. What you are really saying is that in the year 2003, The State of Missouri, Security and Exchange Commission found cause to demand CMI stop a specific business practice, which is not congruent with the law.

REALITY:

Please research The State of Missouri, Security and Exchange website and educate yourself – http://www.sos.mo.gov/securities/

Who is subject to an audit by the Securities Division?

Any broker-dealer or investment adviser that is registered or required to be registered under the Act is subject to an audit. See §409.4-411(d) of the Missouri Securities Act of 2003.

To my knowledge CMI has never registered or was required to register under the above Act.

Note:
If you have PROOF Mr. James E. Aldridge or another authorized agent of CMI applied for registration of CMI with The State of Missouri, Security and Exchange Commission as well as with Federal Security and Exchange Commission, please forward publish whatever documents or proof you hold. I would love to see the documents!

CMI does not sell or promote investment of any kind!

MY CONJECTURE:

Someone who is either ignorant, or malicious, attempted to cause CMI problems by misrepresenting the business opportunity offered by CMI. They filed a complaint with The State of Missouri, Security and Exchange Commission, thus an investigation into CMI business practices, products and services began.

After wasting time, effort, and tax payer money the Commission found CMI to be in full compliance with State and Federal Law. Therefore, CMI was cleared of all charges and business continued as usual.

CONCLUSION:

The fact that CMI and its members are still doing business with full compliance with their State and Federal Government 2 year after the incident you mention is proof positive that CMI is not under the microscope of any governmental body.

PS: Crabs in a Barrel all Die Together!

MissyVixen53 · #21 07-26-2005, 11:44 PM

CMI & SEC

--------------------------------------------------------------------------------

Dear yolamac,
I must respond to your post regarding CMI's cease and desist order. Yes, CMI had a cease and desist order to stop "selling" Securities. However, CMI has never and will never engage in the selling of Securities. I personally spoke to Mr. Aldridge regarding this matter and he explained to me that after several attempts to explain to the SEC that they are not involved in the sale of securities, they finally said "okay, we'll stop doing what you say we are doing even though we have never done that and will never do it". Instead of taking the commissions and bonuses out of the hands of their family members, and putting it into the Attorney's pockets, they complied with a "Cease and desist" order that never applied to them in the first place! In fact, if you read today's newspaper, BMG and Sony Music were found in violation of paying certain DJ's to play their music. Read the story for yourself.

http://www.nydailynews.com/front/st...2p-283284c.html

They agreed to pay $10 million to charity!!! What a free ride! They are found to be guilty of wrongdoing and get a tax write off to the tune of $10 million for doing wrong by giving to charity! Now I ask you, will the general public still buy music recorded by Celine Dion, J-Lo and Good Charlotte from Sony/BMG? Of course they will. Will they be put out of business? Of course not. Big business gets away with "stuff" all the time. So now you have a financial education company with a "system" to free the masses from the ravages of debt and poverty and they get penalized for trying to do the right thing! Investigation and Research are totally different from indictment. Will there still be Tyco toys? Sure there will and you know their story. Will banks like Chase who lent Enron unsecured money get put out of business? Of course not. Is the general public going to stop banking with them? Of course not! In fact, they are getting bigger and bigger! I implore you to research before you indict for your own family's benefit.

yolamac · #22 07-27-2005, 03:08 AM

I implore you all to do your research. I am not knocking CMI. I do not have any money invested with them at this point in time. I am just passing on information from the investigator who is handling the CMI case. The security in question is a Promissory Note not stocks/bonds. I am simply conducting due diligence as anyone who is considering making an investment should. Make no mistake about it, CMI is still under investigation. Does that mean they are doing anything wrong, of course not!! Again, I am simply passing on information obtained from the State of Missouri. I will tell you that the coins are overpriced but it appears that purchasing coins from CMI is the only way to obtain information regarding the TASA. I do have a problem with this because I feel that since you have to pay for the information you should be able to obtain the coins from wherever you wish. I am not going to get into a war of words with any supporters of CMI. There is no need. As I stated, I am simply conducting due diligence and passing on information. For the individual who posted "crabs in a barrel die," you need to stop taking this so personally. That comment was totally uncalled for.

CPA4 · #23 07-28-2005, 05:13 AM

My only comment on this entire thread.

Be very wary of operating a business as a 1041 Complex trust. There is a reason the very wealthy pay accountants and attorneys obscene amounts of money to be associated with this type entity.........it is complex!

If you believe, that after attending a group of seminars, that you have a ful understanding of the inner workings of complex trusts, be very careful.

I have not, nor will I, reasearch this Company. My client base is by nature not the target for them. But my only word of warning is that the IRS is spending more and more time looking at "sham" entities, especially trust type entities, where there is the appearance of improper activity.

Again, these type entities are have highly complext tax and accounting requirements and the beneficiaries and creators should be aware of the potential. Best money you can spend is sometimes YOUR OWN legal counsel or financial counsel, not the promoters of such plans.

MissyVixen53 · #24 07-28-2005, 03:00 PM

Again, people:
We are not asking anyone to get into a war of words. We are simply trying to tell you what the simple truth is. What was this promissory note for? How many naysayers do you know that would tell you not to "invest" in a certain opportunity that you believe to be viable? After two years and continued operations, no decision yet? Most companies would have been put out of business long ago! Are they waiting for a "sting operation" or what? CMI does not engage in the selling of promissory notes - again, do your research. If I told you to go and see a movie and told you how you could get a discount, I just gave you the "hook-up". Are you saying people can't give each other the "hook-up"? If CMI tells their family members where/how they can get a very high ROI, and the investment does not come from within CMI, is that not the "hook-up"? I remember wanting to move to a certain area and inquired about the drinking ***** in the area. I contacted the local environmental protection agency and told them where I wanted to move to and where I was moving from and they told me to stay where I was. Had I listened, I wouldn't own my home today. There are ***** purification systems in existence for such matters. Also, One does not "invest" in CMI, they create their own Tangible Asset Savings Account. Since when does a Savings Account imply risk which is what investments are? And to CPA4, you are absolutely correct! However, we are definitely not taught that we should know everything after attending a few seminars. Even though there will be some people for whom a little knowledge is a very dangerous thing. But isn't that life. Those of us who have complex trust systems must attend advanced academies to continue our financial education. Yes, the very wealthy do pay obscene amounts of money for complex trust systems. CMI knows this which is why members are provided with Trained Trust Counselors for each and every member who establishes their own complex trust system. This is not for anyone who wants to simply set up a complex trust system but for those wealthy members who need it and they have to be interviewed in order to see if they Qualify. I applaud the IRS for looking into "Sham" entities which means that as long as we who have Complex trust systems, operate them in the manner in which they are supposed to, within the guidelines of the IRS Tax codes, then we have nothing to worry about, do we? It is the job of the IRS to investigate shams and I for one appreciate all they do to weed out the unscrupulous promoters of such plans. This of course leaves the legitimate ones intact. I personally appreciate your comments because you just informed everyone on this Forum that there are legal complex Trust systems in existence for the very wealthy. And when all of this smoke clears, CMI will still be left standing. From the words of a wise sage, "if you think education is expensive, try ignorance".

Ms. V

Kevin Jenkins · #25 07-28-2005, 08:45 PM

Your Comment: I have not, nor will I, reasearch this Company.

My Comment: Based upon your above comment, why are you wasting your time reading this forum?

Your Comment: My client base is by nature not the target for them.

My Comment: How do you know, since you REFUSE to EDUCATE YOURSLEF concerning CMI?

Your Comment: But my only word of warning is that the IRS is spending more and more time looking at "sham" entities, especially trust type entities, where there is the appearance of improper activity.

My Comment: THAT IS THE JOB OF THE IRS!!! Good lord, will someone state something more than the obvious.

Conclusion: As an engineer it is my duty and resposnibility to build systems based upon tried and proven industry best practices and standards. However, there are times when we have to step outsidie the box in order to complete a project. There are those who are not comfortable with change, and their are others who are comfortable with change. It has been my personal experience that engineers who are not comfortable with change are not as creative and innovative as those who are comfortable with change.

Lead, Follow, or Get out of my way!

CPA4 · #26 07-29-2005, 03:42 AM

Your Comment: Based upon your above comment, why are you wasting your time reading this forum?

My Comment: I read this forum as a source of entertainment. Idiots like yourself provide me many laughs. The thought that you can get rich quick, that the goverment is out to screw the little guy, that the goverment was responsible for 9/11 amuse me. I don't get to talk to people that far out there in my everyday life, so I live it through this forum.

Your Comment: How do you know, since you REFUSE to EDUCATE YOURSLEF concerning CMI?

My Comment: Let me try to put this in simplier terms for you. My clients value their time over thier money. Most have more money than time. They would prefer to pay an attorney to set it up and us to account for any trust, than to purchase and sit through seminar after seminar only to be told that you need more seminars. They prefer to put their trust in educated professionals, who do not promote and market one sized fits all programs.

Your Comment: THAT IS THE JOB OF THE IRS!!! Good lord, will someone state something more than the obvious.

My Comment:Dang dude, settle down! Ask the clients of the Big 4 CPA firms if they realized the IRS was working so hard on sham transactions. They are unraveling hundreds of sham entities set up improperly. Sometimes the most obvious things should be said the loudest.

Your Conclusion: As an engineer it is my duty and resposnibility to build systems based upon tried and proven industry best practices and standards. However, there are times when we have to step outsidie the box in order to complete a project. There are those who are not comfortable with change, and their are others who are comfortable with change. It has been my personal experience that engineers who are not comfortable with change are not as creative and innovative as those who are comfortable with change.

My Conclusion: As an accountant, I recognized that I new nothing about the system being promoted on this thread. I did not say anything in my post to denigrate the CMI program. You in turn, respond in an attacking thread about not educating myself on CMI, stating the obvious, and that I was uncomfortable with change. It is your experience that engineers who are not comfortable with change are not as creative, it is my personal experience that accountants who most creative are generally without a license.

It is also my personal experience that those who are pushing borderline sham transactions get most offended and defensive when people want to ask legitimate questions. Reread my post, all I said was that people should be careful. You know what, when you go by your new Ford, you should be careful. Look around, ask questions, because your best interest and the best interest of the guy selling you the car differ. Same with CMI and what they are selling.

You want to read a post that definately does not sound like a scam artist trying to push a sham product, read Missy's.

BlessednUS · #27 07-30-2005, 11:54 AM

FOF LOL!! (In case you don't know what the acronyms stand for: Fall on Floor, Laughing Out Loud!!)

This has truly been an entertainment. I have had a good, non-judgemental laugh at the underlying "passion" of some of the posts here.... Little story:

I recently bought a new car. I did my "due diligence" by researching the type of vehicle I wanted. I narowed it down to one model and visited two dealerships to obtain additional information on the model. The first salesperson, noticed that I had my "research" with me. He cordially answered my questions and showed me the actual printout of the specific vehicle he had that met my requirements. He gave me additional information concerning the features for which I had questions.

The salesperson at the next dealership, saw my "research," and even after TWICE indicating to hm that I was not interested in a sales pitch but just answers to some specific questions, he proceeded with his "spiel" as if he hadn't even heard me.

Needless to say, I bought the car from the sales person at the first dealership, because I got STRAIGHT answers, without "hype" or "evangelizing."

What does this have to do with this forum?

I asked a question:What exactly is a TASA and who/what manages it. This specific acronym exists no where else; Banks don't talk about it; investment websites don't speak of it; its even missing from the vernacular of the various governmental entities!

I don't doubt that CMI is a good endeavor for some people. I wanted to get enough information to determine if it was a good endeavor for me. All of us take risks. I just like to do so with my eyes open as much as possible. There are so many stories of people getting "taken" or losing money, because they did not fully understand the business venture in which they became involved, legitimate or otherwise. People also tend to put blind faith in ohers with whom they have relationships. Hence, the stories that abound of church congregations that lose thousands because they merely trusted the misguided word of a fellow parishioner without asking the hard questions.

If it is this hard to get an answer to some questions and if the people with experience in the endeavor stoop so quickly to defensive personal attacks, then maybe this is not for me. MLM Mary Kay, here I come!

By the way, I am continuing to look at American Eagle coins as a means to diversify my retirement portfolio. I have found a good starting point at the IRS site and at coinmag.com. I don't need to set up any complex trusts at this point.

For those of you who are affiliated with CMI, all the best to you. I will seek an alternative means to "enlarge my territory!" Blessings!

Kevin Jenkins · #28 08-01-2005, 04:46 PM

1) Unlike CPA4 I never called anyone an idiot

2) Unlike CPA4 I have respect and am not arrogant

3) Unlike CPA4 I have offered to assist people who truly and sincerely want answers to their questions

What kind of mature professional has the audacity to treat the peoples questions and comments concerning such a serious subject matter as source of personal entertainment?

Lastly CPA4...My response toward your comments was soley based upon your comments. You are right! All you did was warn people to be careful, yet you offered people nothing to help them gain a better understanding of the subject mater. So, if you were offended...Oh well, Get over yourself!

I wish BlessednUS all the best! These life experiences only remind me to want for my brother/sister what I want for myself. May god bless you in all you do.

CPA4 · #29 08-02-2005, 02:44 AM

Serious subject matter?

I see nothing serious about the CMI TASA scam. It is another way for incredibly intelligent people to made a dime off of unsuspecting people.

That leads me to wonder if your one of the incredibly intelligent preying on the weak or if your one of the not so intelligent who is buying into this hook line and sinker.

Check out my post on other topics, see if I am a constant basher of everything, or rather do I hit the topics that are at the very least questionable.

But, much like others before you, you avoid questions about the TASA that Blessed had to go at me.

Xavier · #30 08-02-2005, 09:09 AM

I haven't looked too closely at it, but it seems to me that they're offering what by itself is a decent and legitimate investment (buillion coins) but in such a way as to make it a bad investment (buy high, sell hopefully higher).
The real "service' at offer is the complex trust arrangements, ad the ones they offer are boilerplate agreements that really don't look very good. They also offer various guises of "advice". Well, although I am a CPA (I have never practiced accounting, but I do have the certificate. My CPE is hopelessly out of date so I cannot at this time actually pratice, but that is fairly common for people with an accounting certificate), but the coins look like a front to try to legitimize the other things, and I know the coins, at that price are a hopeless ripoff, and I know enough to know that the trusts are a lot more complicated than anyone other than a full time professional should be fooling with, I'm inclined to think that the whole thing is an attempt to get as close to scam as you can get without actually breaking the law. If your trust gets unrolled by the IRS 5 years from now, "oh well, sorry, we told you to use them, and you didn't do it correctly, which is hardly our fault now, is it?"
I would venture to say that if you really wanted to do this, find a good tax attorney near you and set i up. It will be expensive at first, which is why it doesnt make a lot of sense if you don't have a nice chunk to put into it, and also why it won't make sense for most people, but at least that way you could be more certain that it won't came back in a few years and get you in some trouble with the tax man.

X

Kevin Jenkins · #31 08-02-2005, 03:49 PM

Based on many of the comments, questions, and concerns posted by a few of you it is obvious people are not reading the contents of each post in their entirety. Note: Post 11, dated May 2005, I includes my personal email address and offers anyone the opportunity to learn about CMI directly from a CMI member. Unfortunately, to date not one of you who claimed to want answers concerning CMI, including BlessednUS, fowarded a message to my email address. I am left to believe not one of you can be considered a serious person.

How many of you out there researched the information provided by the US Treasury Dept. www.ustreas.gove or US Mint www.usmint.gov? Note: Prior to this post I provided both these websites...all you had to do was point and click.

How many of you bothered to ask or investigate whether or not CMIs membership base included Degreed, Certified and Practicing Tax Attorney's, CPAs and Trust Counselors?

How many of you bothered to ask or investigate whether or not CMIs membship base inlcudes IRS Special Agents, Independent Tax Preparers and State Comptollers as well as members of the State Level Insurance Commissions?

I will say this one last time.... Whether you join CMI or NOT I don't care! Just get off your butts and do something with you life. If at the end of the day you are able to create generational wealth, GREAT! You did you job. However, if you follow the path of the majority (95% of the population) and follow the crowd because you are too scared to do anything with your life...don't blame no one but yourself.

CMI is NOT the WAY, but A WAY!

+

Xavier · #32 08-02-2005, 04:50 PM

CMI is not part of the US Mint, or the US Treasury, and is not approved or endorsed by either one. They do offer Investments of bullion coins, but at prices that are much higher than they are currently worth or likely to be worth for some time. They are avilible from many sources for much less. What's left, from them, is cheap copies of very complicated investment vehichles that are, truth be told, usually only used by people who are more or less rich, but that's because they are relatively expensive and if you're not rich, you can't afford to do properly. Setting up and maintaining any kind of tax avoidence trust is something you shouldn't be trying to do on the cheap, and for good reason. What happens if by some chance you do manage to set it up properly, but before the end of the eyar the law changes? A professional advisor would know that, know how to react and know to make any needed changes.
I own a small business that is incorporated, I pay an accountant and an attorney just to make sure I have the right forms submitted at the right time. Just missing a deadline on some of these things can cost $500-$1000 a shot, so what happens if you don't even know a filing is due, miss it for about 2 years beforesomeone catches on and you're looking at $10,000 in penalties and interest before you get any notice? Think you can get away with saying "I didn't know about it."? Well, you can't. And if you go setting up a complex trust, you need a lot more expertise than just a simple S Corp.

So, at teh end of the day we're left with overpriced coins and a tax entity that if done properly will cost $2000 a year to maintain. If you're not investing enough to save that much in taxes, it doesn't make much sense to do it. the "business" side of the offering is still availible much cheaper almost anywhere else. ( A good source for the coins, actually is on E-Bay. They have no "collector" premium, to invest in non-rare coins, all you should be paying is the value of the metal plus perhaps a few dollars per coin)

X

CPA4 · #33 08-03-2005, 03:56 AM

Quote:

Originally Posted by Xavier

CMI is not part of the US Mint, or the US Treasury, and is not approved or endorsed by either one. They do offer Investments of bullion coins, but at prices that are much higher than they are currently worth or likely to be worth for some time. They are avilible from many sources for much less. What's left, from them, is cheap copies of very complicated investment vehichles that are, truth be told, usually only used by people who are more or less rich, but that's because they are relatively expensive and if you're not rich, you can't afford to do properly. Setting up and maintaining any kind of tax avoidence trust is something you shouldn't be trying to do on the cheap, and for good reason. What happens if by some chance you do manage to set it up properly, but before the end of the eyar the law changes? A professional advisor would know that, know how to react and know to make any needed changes.
I own a small business that is incorporated, I pay an accountant and an attorney just to make sure I have the right forms submitted at the right time. Just missing a deadline on some of these things can cost $500-$1000 a shot, so what happens if you don't even know a filing is due, miss it for about 2 years beforesomeone catches on and you're looking at $10,000 in penalties and interest before you get any notice? Think you can get away with saying "I didn't know about it."? Well, you can't. And if you go setting up a complex trust, you need a lot more expertise than just a simple S Corp.

So, at teh end of the day we're left with overpriced coins and a tax entity that if done properly will cost $2000 a year to maintain. If you're not investing enough to save that much in taxes, it doesn't make much sense to do it. the "business" side of the offering is still availible much cheaper almost anywhere else. ( A good source for the coins, actually is on E-Bay. They have no "collector" premium, to invest in non-rare coins, all you should be paying is the value of the metal plus perhaps a few dollars per coin)

X

Amen! (Shame you put in all that study time and test time and your not using the certificate!!!! :) )

Xavier · #34 08-03-2005, 04:51 PM

Quote:

Originally Posted by CPA4

Amen! (Shame you put in all that study time and test time and your not using the certificate!!!! :) )

Wel, it's not to say I don't use it, I just don't practice for other people. I had no real interest in it at the time, I was getting an MBA and a certain amount of accounting was required ( I think it was 9 semester hours) and I had 12 hours from undergrad, so I was pretty close to the requirements. I took two extra classes to qualify. I got the MBA in 1999, the year the test requirements changed, so I really only took the test so that I'd be grandfathered in if I wanted to do it later. I passed, which I didn't really expect, so there you are.
I work for one of the Big 3, and having the certificate, even if you're not using it, is a big punch on your ticket with them, as is the MBA. Glad I did it, but I've never had any regrets about not practicing. Funny thing, I don't do my own taxes...as I'm sure you understand, even a practicing accountant who would take a year or more off would be in over his head doing anything but the most simple returns, and keeping track of an S Corp etc... is just too much for me to keep up with. I do better by letting a real pro handle all that, but it's nice to be able to look it all over with some degree of knowing what's going on, it lets me ask more intellegent questions. You have any clients with a certificate?

X

CPA4 · #35 08-04-2005, 03:46 AM

Quote:

Originally Posted by Xavier

Wel, it's not to say I don't use it, I just don't practice for other people. I had no real interest in it at the time, I was getting an MBA and a certain amount of accounting was required ( I think it was 9 semester hours) and I had 12 hours from undergrad, so I was pretty close to the requirements. I took two extra classes to qualify. I got the MBA in 1999, the year the test requirements changed, so I really only took the test so that I'd be grandfathered in if I wanted to do it later. I passed, which I didn't really expect, so there you are.
I work for one of the Big 3, and having the certificate, even if you're not using it, is a big punch on your ticket with them, as is the MBA. Glad I did it, but I've never had any regrets about not practicing. Funny thing, I don't do my own taxes...as I'm sure you understand, even a practicing accountant who would take a year or more off would be in over his head doing anything but the most simple returns, and keeping track of an S Corp etc... is just too much for me to keep up with. I do better by letting a real pro handle all that, but it's nice to be able to look it all over with some degree of knowing what's going on, it lets me ask more intellegent questions. You have any clients with a certificate?

X

I actually have 3 of my better clients who have their certificate's. I agree with you that in the big firms, the MBA combined with the certificate is a big credibility builder.

I actually don't do much tax work at all. I totally agree with you that if your not into it all the time, it gets complex. I spend most of my time dealing with GAAP and financial statements. Tax is Greek to me, in fact, I don't do MY own tax return. I have a partner here do it.

I look forward to posting with you in the future.

Kevin Jenkins · #36 08-04-2005, 02:08 PM

Out of millions of children who participate in athletics only a small percentage will reach the professional ranks. Some people believe professional athletes are genetically and physically gifted when compared to so-called normal people. While others believe professional athletes succeed due to environmental conditions as well as being genetically gifted.

What I find interesting is that professionally athletes are never given credit for being smarter than the average person in our society. No mere mortal amongst us wants to believe these big, strong athletes and allegedly dumb athletes are actually smarter than we are.

The body is an extension of the brain. The mind controls the thought processes as well as the functions and movement of the body. In athletics' competition the brain rapidly has to adjust to what is happening on the field of play. The athletes brain must rapidly adjust to his/her opponents strategy and physical movement. And, they must do this in competition with superior athletes who are not your average armchair quarterback who drinks beer and screams at the television.

Note:
(1) Professional athletes must master the art and science of their sport
(2) Athletes, specifically American Football and Basketball, have to memorize and understand play books the size of some college text books.

The truth is that the average professional athlete has a higher level of brain agility and function when compared to normal persons.

Yet, there is one more aspect of functioning at a high-level of competition. There is no scientific method to qualify or quantify what we call WILL - DESIRE - HEART - SOUL. Combined with a higher-level of brain agilities and function WILL - DESIRE - HEART - SOUL is 90% of the equation. A coach may be able to teach strategy and proper technique, but a coach cannot teach an athlete to have WILL - DESIRE - HEART - SOUL.

Mental toughness and focus is 100% spiritual - Something a person is both born with and develops through experience=self-awareness training. By sheer WILL - DESIRE - HEART - SOUL do professional athletes like Michael Jordan, and Tiger Woods destroy their competition.

Note:
Boxing is another sport dominated by Mental ability. Yet, most people believe in order for one guys to defeat the other, one has to be tougher, stronger and faster than the other. WRONG!

Life is 100% Spiritual. Those who are caught up in the material world will tell you otherwise. In their world there are grey areas. However, in the spiritual world there is only black and white.... Either you do or do not do something...Either you believe or you do not believe something...Either something is right or it is wrong.

The reason only the best and brightest reach the highest level of play is because they do not solely rely on their physical attributes or genetic gifts to propel them to success. They succeed by knowing and understanding their sport and via their personal WILL - DESIRE - HEART - SOUL to compete with the best and be the best.

How does this relate the CMI or any other endeavor?

People, specifically Armchair Quarterback types, love to debate amongst themselves and others concerning how bad or good their favorite athletes or team plays the game. They will argue about rules and strategies, etc. of their favorite game as well as debate over who is the greatest to ever play their favorite sport.

But, when asked a question or for a comment concerning a sport, which they no nothing about, 'some' Armchair Quarterbacks will continue to spew out their ignorant opinions. The truth is they claim to love athletics', but they are more concerned with being perceived as intelligent by their peers. They are egocentric, prideful and self-centered people who do not care about athletics', but their own personal aggrandizement and self-satisfaction.

Note:
These types often attempt to camouflage their true intentions by claiming to desire to help people. Yet, when one collects, filters, analyzes and extracts the intelliegence from their collected comments there is nothing of substance to be found in their comments. They did not offer the people any real help...only words and phrases to confuse.

When their opinions are challenged Armchair Quarterbacks will quickly spell out their credentials and tell you how many years experience they have playing and following a sport. They will try to impress you by quoting rules, statistics, etc. for purpose of intimidation. However, as soon as they realize they cannot intimidate you or out wit you they quickly change their tactics.

The Armchair Quarterback will seek out a peer for moral and emotional support. Then together they will attempt to belittle their assumed foe as well as the topic being discussed, and finally will move on the another topic which bother have in common. So, at the end of the day they accomplish nothing but stroking their own egos and feeling good about themselves.

My point is this...Armchair Quarterbacks are a dime a dozen. Just because you played a sport or even currently participate in a sport does not mean you know everything about 'all' sports played by people. Knowing how to play baseball will not help you play soccer. You may have watched people play soccer, or even played a few pick up games, but that does not qualify you as an expert on soccer.

Assuming you know and understand your favorite sport why not coach a local team. Why not use your knowledge, skill and understanding of a sport to teach, educate and guide others towards learning how to play sport better. This would be a more valuable use of your knowledge and time when compared to debating with others and negatively critiquing someone else's sport, coaching ability, athletic ability and knowledge of a game you know nothing about.

This is my last comment/post on this www.scam.com website concerning CMI.

If anyone is tired of Armchair Quarterbacks, please contact me universal360@hotmail.com

MissyVixen53 · #37 08-05-2005, 03:57 AM

It is obvious that those of you who posted information on CMI and are not a part of it, think you understand that CMI Is just about setting up complex trust systems as shams., selling high priced coins etc., etc., etc., ..It is Not! CMI is a business. Go ahead and Spend money and waste time buying coins as collectors and paying over priced investment counselors, attorneys and accountants etc. for advice. Where's the benefit in that except fattening their pockets? How many Attorneys have stolen from their clients? How many Accountants etc. have done the same thing? Bill Cosby and Oprah both say the same thing, "learn all you can about your own finances and pay your own bills"! I am sure your accountants and Attorneys appreciate your business and your money. Again and for the last time, CMI has trained and degreed Accountants, Tax Attorneys, Financial Advisors and Accountants in their midst. No one on this site ever said CMI is a part of the US mint nor a part of the treasury. READ THE ENTIRE POSTS, PEOPLE! CMI does not offer investments in builion coins or otherwise. They offer a savings account. To BlessdnUs your question was "I asked a question:What exactly is a TASA and who/what manages it. This specific acronym exists no where else; Banks don't talk about it; investment websites don't speak of it; its even missing from the vernacular of the various governmental entities! TASA stands for Tangible Asset Savings Account", You manage it! Still don't understand? Ask me via email. Anacronyms are just that.. Anacronyms. Because CMI is not an investment company, why look for it on an investment website? CMI is not a Bank. Why ask a banker? Would you ask your plumber for a medical diagnosis? And to Xavier, you are either rich or not rich, never more or less rich. Your comment "The real "service' at offer is the complex trust arrangements, ad the ones they offer are boilerplate agreements that really don't look very good. They also offer various guises of "advice"." How do you know if you never went through CMI's Trust Academy? You're not a member so you wouldn't know because "membership has its privileges"!
I also am not going to continue to reply to people who have certificates, degrees that mean nothing except some of you continued on to higher levels of education. Bravo because education is everything but so is "Street Smarts". Bill Gates dropped out of college. Henry Ford, Dexter Yager, etc. are great men who never went to college or even finished high school and became extremely wealthy individuals. It's always the "C" students who hire the "A & B" students anyway. So it's not the piece of paper that gives one value. I could probably match degree for degree or certificate for certificate for that matter but that's not what's important. What is important is that people take the time to investigate and learn. This cannot be done on a forum like "scams". If any one of you wants to contact me, feel free. My email is attached. I will gladly give you answers to all of your questions in a very direct and honest manner. I too am not one for jumping into anything head first without doing research. If you currently work on a job, especially for one of the BIG 3. investigate to find out what skeletons they have in their closet! I'll bet you won't quit as long as you are getting a paycheck. This will also be my last post on this subject and this forum. I just wanted an opportunity to avail myself and answer any direct questions from anyone on this site. God Bless you and good luck to you all. And for goodness sake, DO SOMETHING WITH YOUR LIFE BESIDES WORK ON A J.O.B. AND CRITICIZE THOSE WHO WANT A BETTER LIFE!

BlessednUS · #38 08-13-2005, 03:34 AM

Quote:

Originally Posted by MissyVixen53

It is obvious that those of you who posted information on CMI and are not a part of it, think you understand that CMI Is just about setting up complex trust systems as shams., selling high priced coins etc., etc., etc., ..It is Not! CMI is a business. ... They offer a savings account. To BlessdnUs your question was "I asked a question:What exactly is a TASA and who/what manages it. This specific acronym exists no where else; Banks don't talk about it; investment websites don't speak of it; its even missing from the vernacular of the various governmental entities! TASA stands for Tangible Asset Savings Account", You manage it! Still don't understand? Ask me via email. Anacronyms are just that.. Anacronyms. Because CMI is not an investment company, why look for it on an investment website? CMI is not a Bank. Why ask a banker? Would you ask your plumber for a medical diagnosis?

I also am not going to continue to reply to people who have certificates, degrees that mean nothing except some of you continued on to higher levels of education. Bravo because education is everything but so is "Street Smarts". Bill Gates dropped out of college. Henry Ford, Dexter Yager, etc. are great men who never went to college or even finished high school and became extremely wealthy individuals. It's always the "C" students who hire the "A & B" students anyway. So it's not the piece of paper that gives one value. I could probably match degree for degree or certificate for certificate for that matter but that's not what's important. What is important is that people take the time to investigate and learn. This cannot be done on a forum like "scams". If any one of you wants to contact me, feel free. My email is attached. I will gladly give you answers to all of your questions in a very direct and honest manner. I too am not one for jumping into anything head first without doing research. If you currently work on a job, especially for one of the BIG 3. investigate to find out what skeletons they have in their closet! I'll bet you won't quit as long as you are getting a paycheck. This will also be my last post on this subject and this forum. I just wanted an opportunity to avail myself and answer any direct questions from anyone on this site. God Bless you and good luck to you all. And for goodness sake, DO SOMETHING WITH YOUR LIFE BESIDES WORK ON A J.O.B. AND CRITICIZE THOSE WHO WANT A BETTER LIFE!

You know what... I really don't appreciate your implications concerning post readings nor your personal insinuations regarding anyone's level of intelligence, credentials or otherwise. You and Kevin do your company a disservice when you stoop to such personally offensive responses regardless as to whether others initiate such. For my part, I have consistently asked questions in a respectful manner and DON'T appreciate your snide response... (CMI is not a bank, why ask a banker?) BECAUSE YOU JUST SAID CMI OFFERS A SAVINGS ACCOUNT!!! IS IT FEDERALLY INSURED..THIS SAVINGS ACCOUNT? DOES IT COMPORT WITH THE PATRIOT ACT?? WHAT OTHER COMPANIES OFFER SAVINGS ACCOUNTS READ SAVINGS ACCOUNTS BESIDES BANKS, CREDIT UNIONS, OR INVESTMENT HOUSES?? AND THESE ARE ALL FEDERALLY REGULATED!!

You say you are not a bank, yet you say you offer a savings account....by what authority? What federal body provides the regulatory oversight for this savings account you provide?

And don't give me any philosophical hyperbole..just give it to me straight ..on this post...or decline to answer.

Kevin Jenkins · #39 08-14-2005, 08:00 PM

Dear BlessednUS

I am going against my better judgement and writting one last response on this forum. However, this response is personally directed at BlessednUS.

The definition of the word is 'Account' is as follows;

Account:

# Abbr. a/c or acct.

1. A formal banking, brokerage, or business relationship established to provide for regular services, dealings, and other financial transactions.

2. A precise list or enumeration of financial transactions.

3. Money deposited for checking, savings, or brokerage use.

4. A customer having a business or credit relationship with a firm: salespeople visiting their accounts.

As you can see the word 'Account' means more than a savings account with a bank.

The definition most appropriate and befitting a persons/business relationship with CMI, TASA is
definitions 1 and 4.

As you can see the concept and definition of the word 'Account' is not limited to the banking and finance industry. I hope you have gained a better understanding of the word 'Account' and its many uses in the business world.

Lastly, you have yet to take me or MissyVixen54 up on our offer to personally answer your questions concerning CMI via email. Whether you join CMI or not, I don't care. But, do something...research, plan and execute!

Do not allow your personal feelings concerning the actions or words of others to be used as an excuse for you to not do anything.

Kevin

Kevin Jenkins · #40 06-01-2006, 10:05 AM

I believe a young lady forwarded me an email...unfortunately I deleted the message...can you please email me again. I would really like to respond to you message

Kevin Jenkings
universal360@hotmail.com

Duck98 · #41 06-01-2006, 10:50 PM

Quote:

Originally Posted by Oberon Black

Kevin,

I have been approached by CMI. I have looked at the price of the coins both via retailers and CMI which is simply another retailer. I also currently own a small business, so why would I have to be part of CMI to take advantage of its educational benifits. Especially when I have to continue to pay for the educational information via seminars, and other out of pocket paid educational expenses. It seems to me that I should be able to buy my coins from any retail outlet and simply pay CMI for its educational classes. As long as I purchase the 1 monthly $35 coin from CMI for membership (to what I still do not know), since non of the fees that I pay go towards providing me with the educational information that CMI does provide....yes I know that CMI truely does offer this info but again it is at an addiitional cost to the member, $50 per month for somethings and upto $125 for seminars, and cds an tapes that can cost upto $200+.

So where is the extra overhead for the TASA coins, Membership coin, seminars, tapes and cds going?

Why do I have to work for CMI to enjoy the benefits of its paid classes?

mao!! This is just another MLM! They sell an overpriced product and get people to get other people into the whole thing and then the real profit for the people organizing the whole thing comes into play.

The tools. It is the CD that costs $0.67 to produce that gets sold for $30 and which all "recruits" are "encouraged" to buy , the $50 motivational seminars the meetings - they all go to... the guys at the top.

Suggest you go read Merchants of Deception.

This scheme smells to high heaven.

Duck98 · #42 06-01-2006, 10:59 PM

Quote:

Originally Posted by MissyVixen53

Bravo because education is everything but so is "Street Smarts". Bill Gates dropped out of college. Henry Ford, Dexter Yager, etc. are great men who never went to college or even finished high school and became extremely wealthy individuals. !

oh god its an amway/quixtar driveller.

Dexter Yager a "great man"?? ROFLMAO!!!

figgs91 · #43 06-06-2006, 06:21 PM

I hear everyone talking about the coins, the coins, and yes the coins are over priced and yes maybe there is a tax deduction with them. But I have not heard anyone talk about the cold hard cash that you CAN make off your 6 ppl and the commissions. My question is, is the 10k a month for real? Getting a solid 6 and it can be done? Either way you are getting your money back when you purchase the coins so please someone tell me the flaw or problem? I have done and been around over MLM ideas and this appears to be legit. Please tell me if I am wrong. All i am talking about is the CASH every month, who cares about the coins! you get your money back anyway!......

colon · #44 07-08-2006, 06:43 AM

Quote:

Originally Posted by figgs91

I hear everyone talking about the coins, the coins, and yes the coins are over priced and yes maybe there is a tax deduction with them. But I have not heard anyone talk about the cold hard cash that you CAN make off your 6 ppl and the commissions. My question is, is the 10k a month for real? Getting a solid 6 and it can be done? Either way you are getting your money back when you purchase the coins so please someone tell me the flaw or problem? I have done and been around over MLM ideas and this appears to be legit. Please tell me if I am wrong. All i am talking about is the CASH every month, who cares about the coins! you get your money back anyway!......

No, you're ok. I'am a member of CMI, and I received my coin's and my ck's for the first tree month, $ 600.00, 3,380.00 and the 3th CMI confirm the mailed. Excuse me english, not very well. do you need more info...or copy of my ck's.
nano3info@yahoo.com

rocketman · #45 07-25-2006, 04:36 AM

I've been involved w/ MLM's since 1996. I've made money in some and lost money in others. The bottom line is some of them work well and others don't. The trick is finding the one the fits into your lifestyle and financial gameplan and follow the system. But first you must research, research, and do more research. The resources you use must be credible. and unfortunately, the internet is a breeding ground for uncredible information. I've read this thread several times and i understand each and everyone's debate about this company. Are the coins over-priced? Yes. Is is highly unlikely that you will find 6 people to invest in this idea each and ever month? Yes. I could go on and on about the "cons" surrounding this business but I won't. The bottom line is that each and every business endeavor you embark upon will have some, if not all, of the same "cons" that this business has. That's the beauty of it. It's a business! if these issues didn't exist you wouldn't have a business. I for one am always looking for a challenge and MLM's are the ultimate b/c the core of their existence centers around earth's greatest resource, people. And people are the most uncontrollable resource on this planet. That's why is doesn't puzzle me why most folks fail in MLM's including this one or why some folks find CMI problematic. But, I was raised to be the leader of my own life and not follow the "herd" all the time. So my wife and I stepped out of our skepticism into the MLM world again and joined CMI b/c a close relative highly recommended it. I performed research thru credible sources and didn't find any major issues so we signed up. The marketing plan stated that we were required to sign up 6 people in the first 30 days so we hustled and met that goal in May 06' even though many of the folks we know said no to this concept. By June 21st we received our first commission check of $600 although our coins lagged behind. We eventually received gold $5 american eagle coins. We reinvested again and we received a check for $3380 July 21st and our coins lag behind again. We reinvested again this month and 5 of our 6 people have signed up their 6 folks. And 2 of our six did this in the June so they each received checks for $600 on July 21st also. I understand the coin issue and I have been talking to the corporate folks @ CMI to bring more clarity to this b/c I have an issue w/ it also. If i lose $300 by over-paying for these coins, my loses are nullified by the $3380 profit my wife and I made. See it's hard to deny that this works for us. I reitierate, for us. I don't believe it's for everyone. it is for you? Only u can be the judge.

LittleDigit · #46 07-25-2006, 06:57 AM

From their "Pump N Dump" Brochure:

TOP 10 REASONS NOT TO ATTEND THIS SEMINAR
10. You do not need a tangible asset like Silver, Gold and Platinum coins to secure your existing income, with no out-of-pocket cost.

Of course this is pure baloney. There is no such thing as an investment without a tangible asset. There is NO FREE LUNCH!

9. You could never spend an additional $100,000 a year from a business of your own.

Tell that to Bill Gates and Paul Allen

8. You do not need a (9) year old Mutual Fund, with a minimum 40% APY.

Really? It is illegal to advertise a mutual fund or any other investment as having a "minimum apy" unless it is indexed to an interest rate and none of the funds that are so indexed do not have a 9-year record of 40%.

7. You already have a safety-net income investment account that pays you 18% to 36% APY paid monthly.

Male Bovine Fecal Matter. Warren Buffett would be all over this if it existed.

6. You already know how to invest $5,000 one time to create a college fund in 10 years of over $150,000 or a retirement account of over $90,000 a year in only 15 years.

A one-time investment of $5K to make a 30,000% return in 10 years. Brother, you have no shame.
5. You already know how to reduce your tax liability on this type of income by 97% or more with Full Disclosure to the IRS.

More male bovine fecal matter. The "tax reduction tricks" used for this kind of BS are all illegal.

4. You would not like to convert over 90% of your personal expenses to a tax shelter entity, also with Full Disclosure to the IRS.

Yeah, go ahead and disclose to the IRS that you're hiding your money in a tax shelter. I have stop watch. On your mark, get ready, go!
3. You already know how to donate to your favorite charity and create a tax credit and a Life Time Income for your family.

More MBFM. Ask everyone who has gone to prison for falling for this scheme and trying to sneak it by the IRS.

2. You already know how to protect your family and a new business from the ravages of law suite, probate, death and inheritance taxes.

Yes, and your solutions will send people to the concrete country club faster than Tanya Harding can wield a bat.

1. FREE is far too high a price to pay for any seminar!

Yes, especially when it is for a CMI Seminar. Again, there is NO SUCH THING as a free lunch or a riskless investment.

myling · #47 07-29-2006, 07:49 PM

hello kevin I have been called myling I am of Puerto Rico and between in program cmi for a month. the program in pr beginning as of December and me gustarria to obtain data of compania. for example of if he is legal in the USA or if he has some complaint, in general I believe in the compa? but I need to obtain data to take it to the new people been thankful may ling

excuse ny lenguage because i spek spanish

LittleDigit · #48 07-29-2006, 10:20 PM

De su “bomba N descargue” el folleto:

REMATE 10 RAZONES DE NO ATENDER A ESTE SEMINARIO
10. Usted no necesita un activo tangible como monedas de la plata, del oro y del platino para asegurar su renta existente, sin coste del hacia fuera-de-bolsillo.

Por supuesto éste es baloney puro. No hay cosa tal como una inversión sin un activo tangible. ¡No hay ALMUERZO LIBRE!

9. Usted podría nunca pasar $100.000 adicionales por año de un negocio sus el propios.

Diga eso a Bill Gates y a Paul Allen

8. Usted no necesita el fondo mutuo (de 9) años de a, con un 40% mínimo APY.

¿Realmente? Es ilegal anunciar un fondo mutuo o cualquier otra inversión como teniendo un “apy mínimo” a menos que se ponga en un índice a un tipo de interés y a ninguno de los fondos que son así que puesto en un índice no tenga un expediente de 9 años de el 40%.

7. Usted tiene ya una cuenta de la inversión de la renta de la seguridad-red que le pague el 18% hasta el 36% APY pagado mensualmente.

Materia fecal de los bóvidos masculinos. Warren Buffett sería por todas partes éste si existió.

6. Usted sabe ya invertir $5.000 una vez de crear un fondo de la universidad en 10 años de sobre $150.000 o una cuenta de jubilación de sobre $90.000 por año en solamente 15 años.

Una inversión de una sola vez de $5K para hacer una vuelta del 30.000% en 10 años. Hermano, usted no tiene ninguna vergüenza.

5. Usted sabe ya reducir su responsabilidad de impuesto en este tipo de renta por el 97% o más con acceso completo al IRS.

Materia fecal de bóvidos más masculinos. “Los trucos de la reducción de impuesto” usados para esta clase de BS son toda ilegales.

4. Usted no quisiera convertir sobre el 90% de sus costos personales a una entidad de la protección fiscal, también con acceso completo al IRS.

Sí, vaya a continuación y divulgue al IRS que usted está ocultando su dinero en una protección fiscal. Tengo reloj de parada. ¡En su marca, consiga listo, van!

3. Usted sabe ya donar a su caridad preferida y crear un crédito de impuesto y una renta del tiempo de la vida para su familia.

Más MBFM. Pregunte a cada uno que ha ido a la prisión para que el caer para este esquema y el intentar lo hagan furtivamente por el IRS.

2. Usted sabe ya proteger su familia y un nuevo negocio contra los ravages de los impuestos de la habitación, de la legalización de un testamento, de la muerte y de herencia de la ley.

Sí, y sus soluciones enviará a gente al club de país concreto más rápidamente que Tanya Harding puede manejar un palo.

1. ¡LIBRE está un precio demasiado alto lejano a pagar cualquier seminario!

Sí, especialmente cuando está para un seminario CMI. Una vez más no hay COSA TAL como un almuerzo libre o una inversión sin riesgo.

Pardon por favor mi español pobre. No hablo español bien.

Kevin Jenkins · #49 07-30-2006, 12:34 AM

Yes! Please visit www.cmiupb.com and watch videos...or visit
http://payitforward.viewwork.com and select "thecmiopportunity"

All of the videos are in English. Maybe you can help translate CMI documents and videos into Spanish.

Please email me personally - universal360@hotmail.com

I will do my best to write too you in Spanish

By, the way... CMI is legal and has been operating for over 15 years without an problems with the Federal, State Government. The bottom line...as long as people follow the law and do not try and cheat the concepts and strategies taught by CMI will help you regain control of your financial resources.

Kevin Jenkins

Kevin Jenkins · #50 07-30-2006, 01:27 AM

To All,

100% of the complaints or questions I receive have nothing to do with the documents produced/authored by our US Federal Government. Therefore, the real issue concerns whether or not people should TRUST CMI - Concept Marketing International.

CMI is in business to make money. What is the product they market and promote...the answer is education and MONEY, as per US Constitution.

The education members receive helps them gain/re-gain control of their Financial Resources...this is simple and I don't understand the confusion.

You who believe CMI cannot help you, what is your alternative. Most of you put your TRUST/FAITH and FINANCIAL RESOURCES in the hands of Certified Financial Planners, Insurance Professionals, CPAs, etc. All respect due, however have you ever thought about the FACT that you PAY their salaries/commissions regardless of how good or bad their recommended investments perform.

How many of you investment savvy intellectuals added a clause to the contract you signed with your Financial GURU that you will pay them in solely based upon their personal performance and the performance of the investment vehicle(s) they recommended?

You get out of life what YOU put into it! That being said, if you are an employee [whether not skill, skilled, or professional] you have sold/traded your labor for wages. Thus, you receive wages based upon what the System says you are worth. The bottom line is that you are controlled and managed like a child.

But, you people like it that way because you are under-education and don't know how to do anything for yourself. This is the root cause of your fear and anger. You don't know what it takes to build and develop a successful business of you own and the educational system is not helping you. Status Quo my friends. This the truth...if this were not true, you would be a business owner and not taken part in this low level discussion.

One last note:

How many of you intellectuals, you know smart people who like to argue and debate, have read the US Constitution...how many of you have visited the Dept. of the US Treasury website, the US Mint website, The Federal Reserve Bank website, the Bureau of Engraving and Printing website, teh IRS website. You don't care about anyone but yourselves. If this were not true, you would be helping EDUCATE people by sharing your KNOWLEDGE and EXPERTISE with PEOPLE...as opposed to making accusations and trying to sound SMART.

After serving 10 years in the Armed Force overseas, supporting our nation as a DoD contractor, and developing 3 businesses I have learned alot about people. Hands down the people that should be avoided are the psuedo intellectuals who want to DEBATE everything, but DON'T DO ANYTHING. These people are only good for taking notes at meetings and getting my coffee in an attempt to get a raise.

Arrogant people KNOW EVERYTHING AND YOU CAN'T TELL/SHARE WITH THEM ANYTHING. Why? They are superior to others...they prove it everyday by attempting to WIN each and every argument. Pride and ego are their downfall.

They are like the idiots [impotents] who will stay up all night watching XXX films when they have a beautiful and loving wife upstairs in the bedroom, mad as hell, waiting for them...These people are SICK IN THE HEAD. A bunch of INTELLECTUAL MASTURBATOR'S.

Obviously I am not a member of the Win Friends and Influence People club. But, I speak the truth as I know and understand it. How you feel about me, as if I care, if not important.

The only dog that yelps is the one that got hit with the stone.

...You ever just listen to some guy's who sit around at Sports Bars. Some of them will go on and on about which player sucks...has no heart...and who is best of all time. Do they think people are that dumb. These idiots never realize they are the ones sitting on their FAT butts in a BAR, while that so-called DUMB Athelete is MAKING MILLIONS OF DOLLARS per year playing the GAME THEY LOVE. I ask you, "who is the sucker...has no heart...and who is the most worthless of all time?

If anyone wants to learn about CMI...First go read the US Constitution and visit the websites I referenced above. That way, nobody wastes anymore precious time.

Peace to those who work for it,

Kevin Jenkins
universal360@hotmail.com