If anyone is joining this expecting a quick payout, you really need to think differently. While there is a ton of furniture right now on the open market due to foreclosures, businesses going out of business, banks closing, etc.; there is not a big market of companies buying furniture right now. This could be a long hold until buyer's come back. Remember, the company does not have money at risk in this, you do. They can sit on this inventory because they don't have out of pocket expenses in the purchase. It may be six months or longer before they will be able to sell any furniture.

I have a next door neighbor who is in this business. I showed this to him and he laughed at the rate of return they claimed they receive on their furniture sales. He said he would be thrilled to "NET" 8%. To be able to sell this furniture means you will have to incur the costs of rehabing, a building, utility costs, advertising, etc. which eat up your profits. He said his business is down over 60% right now, and we live in an area where very few companies have had to close. Companies are just not buying used office furniture right now like they did in the past. Most of his sales now are to home-based businesses, and even that is not growing.

Just don't be surprised when you have to go months and months before you have any return on this investment.

how about selling for a lesser profit?

Thanks.
I appreciate your answer.

Thanks for the data. It was very informative.

The video at the website is showing the most optimistic of profitable examples only, I thought, but the idea appears to me to have a good side-effect for charitable causes. (how they will be checked and balanced is quite another matter). I'll have to think on this one a fair bit longer.

Since this is expected to be a long(er) term roi program and the sellers make money anyway, they can show what some more of the results will look like, both with more realistic roi and with what the "beta testers" can currently afford to ... (fill in whatever you like) over time.

So the program can easily afford to wait for my money to get in.

you're right. It might take months before you see any profit.

joined and made deposit using STP .

Well still another day gone by and admin still can't answer my emails.
I guess they're just not interested in me unless I give them my money.
Not gonna happen!
I 'm out of here!

This is interesting this is the feed back on ebay:


Nice condtion - very fast shipping. Thanks upperdeck25 ( 45) 05-Mar-09 09:20

Alabaster & Marble Bronco Sculpture by Santini - Italy (#390028181864) US $105.00 View Item
Excellent seller, service & merchandise. Fast! Highly recommend. AAAAA++++++++++ shirlsbaby ( 494) 03-Mar-09 10:28

Black Americana Butler - Vintage - Cookie Jar (#360081897983) US $49.99 View Item
Great transaction!! heidi80130 ( 34) 22-Feb-09 10:06

NEW ~ LEATHER MASTER ~ Stainsafe Leather Care Program (#360085820253) US $19.99 View Item
Great transaction! Item as described and shipped promptly! Asset to eBay! A+++ wilmeloc65 ( 412) 10-Feb-09 13:48

New in Box - Classic Winnie The Pooh - Wall Letter J (#360029704285) US $7.99 View Item
excellent seller would do business again houghtonl ( 67) 31-Jan-09 11:37

NEW ~ LEATHER MASTER ~ Stainsafe Leather Care Program (#360085820253) US $19.99 View Item
OMG I love this item! cavetroll46 ( 529) 27-Jan-09 15:57

NEW RARE Border Fine Arts "Pooh & Piglet 4 Drawer" Pink (#390016964557) US $99.00 View Item
Truly a great Seller to buy from, will buy from them again. Thankyou. aimoe59 ( 12) 23-Jan-09 07:04

Vintage Canadian Pine Cabinet (#360030999956) C $695.00 View Item
Excellent transaction! Seller was very informative, accurate, and helpful! carcajou99 ( 528) 22-Jan-09 16:17

Eskimo / Inuit Stone Carving Salmon by Lucy Matt (#360080964256) US $140.00 View Item
great item, fast shipping, thanks! Terrific seller AAA+++ bearunner1 ( 834) 22-Jan-09 01:21

NIB ~ Disney Classic Pooh 4th Birthday Keepsake #61021 (#360116309019) US $9.99 View Item
Beautiful Product...Well Packaged...Seller A++ mconti41 ( 12) 21-Jan-09 09:16

California Originals Old Shoe / House Cookie Jar #874 (#360088711943) US $49.00 View Item
ships quick will buy from again pisapona ( 123) 15-Jan-09 14:53

NIB - CLASSIC Pooh And Piglet Chest Money Bank (Blue) (#390008393701) US $45.00 View Item
Easy transaction. Great communication. Thank you. A++ arogerskt ( 16) 14-Jan-09 12:31

NIB ~ Disney Classic Pooh 6th Birthday Keepsake #61023 (#390008393688) US $9.99 View Item
was great buying. very fast ravenspirit13 ( 106) 03-Jan-09 06:25

Paul Ygartua Framed Print of Chief Dan George (#360088539822) US $79.00 View Item
Very nice cabinet. Thank you. Took a while to get from Canada land540i ( 807) 31-Dec-08 16:28

Nice Cabinet Spoon Rack with Glass Door (#320311272598) US $39.00 View Item
Item perfect, shipping excellent, communicatuins perfect. A+++++++++++++++++++++ derek-kered ( 81) 31-Dec-08 14:39


Pooh Eeyore and Honey figurine (#390008393672) US $24.99 View Item
Everythings was A1 cocooner007 ( 91) 29-Dec-08 09:42

NEW ~ LEATHER MASTER ~ Stainsafe Leather Care Program (#360085820253) US $19.99 View Item
Nice item quickly shipped timoth1 ( 573) 28-Dec-08 14:12

1930s Carved Puzzle Box (#360098648788) US $45.00 View Item
item was broken during shipping. could have been packaged better gtpriestas ( 2 ) 21-Dec-08 10:54

Amber Glass Electric Guitar Style Lamp (#360098973589) US $60.00 View Item
EXCEPTIONAL DESK - VERY PROFESSIONAL SERVICE - HIGHLY RECOMMEND A+ otomix ( 43) 12-Dec-08 19:14

LOUIS XV Style Italian Inlaid Executive Desk and Chair (#390004426834) US $8,500.00 View Item
Love my item! Shipped quickly! Pleasure soing business with you! jen96marc ( 35) 12-Dec-08 00:53

New in Box - Classic Winnie The Pooh - Wall Letter M (#360029701194) US $7.99 View Item
Excellent transaction. Fast shipping. Thanks! rowcannery ( 48) 10-Dec-08 23:40

"Pooh Piglet and Flowers" Disney Figurine # A0066 (#360107139781) US $34.99 View Item
just returned from traveling and here it sits. perfect. great transaction. anelloboys ( 36) 10-Dec-08 16:23

46 Piece Wood Handled Stainless Steel Flatware Set (#360102932812) US $24.99 View Item
Easy to work with. Recommended seller. A++++++++++++++++++ stefani330 ( 195) 10-Dec-08 13:59

Collectors Spoon Rack with Glass Doors (#360098621969) US $39.00 View Item
Prompt shipping...as described. paradigm_holdings ( 360) 07-Dec-08 20:50

NEW ~ LEATHER MASTER ~ Stainsafe Leather Care Program (#360085820253) US $19.99 View Item
Outstanding seller. Will definately buy from again. Great communication. yard_sales_4_you ( 320) 07-Dec-08 15:48

Mickeys Stuff for Kids Sports Wall Paper Border (#360082940993) US $3.99 View Item

Notice the dates seems to be moving preatty well!!!

This post has been edited by duckone: Mar 7 2009, 12:12 PM

We spoke with Chris (CEO and President) on the phone for about a half hour this afternoon.
We also spoke to Cody his IT Guy. We have all the location data as well as names and telephone numbers of those in charge. They are VERY transparent.
Chris has some great plans for Affordable Affiliates! There is A LOT more than meets the eye!
There is a BIG picture here! What we are seeing now is just scratching the surface.

There will be a video series released shortly that will explain more and get the members more involved.

Here are the some of the concerns that we are receiving...The responses came directly from Chris himself.

1. With regard the being able to service large numbers of members....
Essentially, he said there is no need to be concerned about this. Chris has a very long-term visionfor this project and he is confident in his ability to service many thousands of members. Once youunderstand the scope of his activity, you will begin to realize the power of this business model.

2. The possibility that paypal will freeze his account....
Not a concern. He communicates with a paypal account representative very frequently.

3. Will members always be limited to a maximum of $500 per account?
Yes. This is set in stone. He wishes to make this program available to the masses and he will notallow individual members to place more than 500.00 in the program. He stressed that all membersshould view this project as a long term endeavor and that they will be amazed at what will beaccomplished via the power of compounded returns.

4. Can members refer family members, either within or outside of the household?
Yes. Each member must have a separate and distinct email address. They will be watching veryclosely for more than one account assigned to the same person.
==
Our conclusion, based upon our first phone conversation with Chris, is that he is an extremelysuccessful entrepreneur who is presenting a very exciting and viable business model to the membersof his Affordable Affiliates Program.

We are also thinking of planning a visit to Canada to visit the operation, of which Chris said "Noproblem. that would be a great plan" More information....
"First please do not confuse this with Affiliate Marketing. It is a completely different animal.

Example:

AAN buys an Item for $10.00 and sells it for $100.00 .
Your initial $10.00 + 10% of the $90 profit is returned to your account for re-investment ($19).
10% or the profit is added to your monthly payout ($9).
5% of the profit is sent to your designated charity ($4.50).
5% of the profit goes to the person who referred you to AAN ($4.50)

Actual Historic Sale:

AAN Purchased a Book Collection for $3,000 and Sold it for $494,000 creating $491,000 in profit. Ifinvestors backed the original purchase then they would receive $98,200 of the profits for distribution.making their profit share equal to 3,273.33%. YES that is the actual return.

Highlights:

Available WORLDWIDE
Payment Processors: PayPal, Credit Card (via PayPal), and Solid Trust Pay. More processors coming.
Minimum: $100
Maximum: $500 (in total)
No cost to joinHelping a charity of your choice (very cool)

Process for Paying with Solid Trust Pay (STP):

1. Send to STP account aanetwork
2. Put in a Help Desk Ticket providing the transaction number and your ID
3. Wait for them to manually credit your account (not immediate)

What is the Potential?

On any item the profits can be from very small to very large. The largest profit was on a set ofbooks purchased for 3000.00 and which were sold for 494,000. The program is run by one of NorthAmerica's largest acquisition agents and a very experienced ebay seller who has a great deal ofexperience at identifying items which can be sold for significantly more than they can be purchasedfor. They have been doing this for over 20 years, and way before ebay. Ebay is just one avenue inwhich they do it.

Sponsoring?

Not required to be paid. There in no need to do anything at all once the account is funded. You earnincome whether you refer or not. Of course you can earn more if you share it with others. It isYOUR choice.

Safety/Risk?

There is an added measure of safety provided that prevents loss. If an item does not sell or sells at a loss the original purchase price of the item is returned to the members account so there is no possibility of loss.

We believe this is a perfect option for those who want a totally hands off income system with the potential for large profits which will increase monthly. It also does not require a large outlay to get started.

Low cost, low risk, with extremely high potential as the funds can compound. Hope this helps explain the vision a bit. They are working hard on making sure all payments are posted, and should be completed within the next 24 hours. All new payments via Pay pal are now instant and automated...They are going back and posting the ones from when Pay pal was not instant. Solid Trust Pay will soon be implemented into the site and instant. They are also working on the email confirmation issue that some of you are experiencing. Note: The amount that is posted to your site is the amount that they receive from the processor...Please keep in mind that Pay Pal and Solid Trust Pay charge fees to the receiver of the funds. They are not charging any fees on their end only the fees from the processor.

Thanks for your elaborate data. The marketing being done is the firm's own promoting of getting investing affiliates to buy into the products to be promoted and (re-)sold.

Since the wait for the products to be sold and thus for the share of profits from sales for the 'shareholder of the product' could be a lengthy half year on average, I wonder if the firm has deposited a long(er) term business plan of let's say 2 to 3 yrs, with a bank, a chamber of commerce or any equivalent institution.

This post has been edited by Edstart: Mar 7 2009, 02:12 PM

Like one member here already mentioned, it's not the company having a video is the important factor(PBX also has one !!!!!!) but the important and the MOST IMPORTANT is PAY OUT TIME -FRAME? Honestly speaking the owner should put a time frame(even an approx one) is acceptable. I know it's not easy some times to predict that IN MOST Biz, but since you guys said that Chris is an experienced e-bay seller then he should put an estimation of member's pay-out based on his past e-bay selling experience. If members put their 100$ or 500$ and keep waiting and waiting for the admin just to request them to "be patient" then it's not going to be good at least in my humble opinion.. We all have bad tastes of such companies who ask you to be patient while they know first hand that they are not going to pay people one cent. I am NOT stating here that affordable affiliates will do the same BUT -while I agree that the business idea is very good and mostly innovative, what I mean here is just for the admin to re-assure people that this will not drag on. Reason for my comment is because I have already read Chri's reply to one lady who asked him same question on one of his blogs, honestly his answer was vague, replying by saying that" this is not a get rich quick scheme"?

I fully agree. Vagueness will not get my money in. Before getting involved I would like to know about an estimation of time-frames from the company's business plan(s).

This post has been edited by Edstart: Mar 8 2009, 02:07 AM

Some food for thought.

Chris is not the only company that buys foreclosed on business assets, companies going out of business, banks being closed, etc. These auctions are held all across America. In short, you can get into a bidding war over these assets. You have to know what they sold for retail, so you know what price level you are not willing to go over in the purchase of these goods. You also have to factor in what it will cost you to rehab some of this furniture, which also eats into your profits when you sell the products. You also have to figure the costs of your overhead (utilities, salaries, taxes, rent, etc.)into the equation when you are buying "used" furniture. The factor in the time frame you have to hold the furniture until you can find a buyer; and all these things add to what price you are willing to pay for "used" furniture at auction. the higher the price you have to pay for the merchandise, the less your profits when selling. Also you have to consider what a company buying is willing to pay for "used" furniture.

This also means that Chris has competiton in this marketplace, and his competition may be willing to take a smaller % of profit than Chris. The reason being is Chris has to provide a return to the members, where his competitor's don't. Makes a huge difference in what price you are willing to accept from a buyer if you are the reseller. If this business model is so great, how long do you think it will be before others join this bandwagon? What happens when they do? The competition level just went up significantly, more so than the current competition in this marketplace.

Now put in place the current economy, and you now have a dried up buyer's pool to resell. What Chris is doing is taking all the risk out of the company (his capital is not at risk), and transferring this to those who join, or the members. With the amount of money Chris would have available to buy things and sell them on E-bay, he could flood the E-bay market and make the E-bay market over-saturated; thus driving down the prices people are willing to pay for an item. If he is only going to be selling 3-5 items at a time, you are going to be getting returns in drips and drabs.

Now here's where it gets tricky. Depending on how many people join, and the total dollar amount of money is raised from the members, Chris could get in trouble using his furniture, or whatever he is buying and reselling, as the underlying asset as collateral. The amount of money he has for this item or items could be greater than the value of the asset. Once that happens, he has crossed the line into illegality.

What is truly hurting Chris and this concept is all the previously known scammers, and pimpers of scams jumping on board this bandwagon. That in itself is a major red flag. Now that PayPal has reportedly withdrawn their support, this is another red flag and a major warning sign that should not be overlooked.

You don't have to be selling unregsitered securities to run a Ponzi. But when the money is greater than the underlying asset, you just crossed the line. Then payments are from later members who join which is a Ponzi.

Each of you need to decide on your own due diligence if this is something you want to join or not. I am just saying there are a lot of red flags popping up that should not be ignored in your decision making. These are flashing red lights, and warning bells sounding. I think a train is coming and you could get hit crossing the tracks.

This post has been edited by Lynndel: Mar 8 2009, 12:58 PM

Well PayPal is no longer an option of paying to join this program. Major Red Flag. If they lose their E-bay trading to auction off the assets, you can kiss this goodbye. I think the fat lady is warming up major big-time and is about to sing the finale. Wonder how much money people will get back when this folds?

Well this is a optimistic bunch! Anyone who has ever dealt with Paypal knows they are NOT
merchant friendly. I was surprised Paypal was the 1st option knowing what I know about Paypal.

E-Bay can also be very difficult, I have dealt extensively with both Paypal and E-Bay and I can tell
you it is not an easy game.

Hey give it a chance before you start screaming, some of you are brutal.

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