photo credit: Alex E. Proimos

Seize the Money — Ask Questions Later!

iNetGlobal $25 Million Money Frozen, $11 Million Member Liabilities

USA Government Holds Members’ Money and iNetGlobal’s hard-earned money!  Why?

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Definition of Ponzi Scheme: 

A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The Ponzi scheme usually entices new investors by offering returns other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going.

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iNetGlobal recently paid around $2.5 Million Federal and State Income Tax.  Google pays billions.  Is Google a Ponzi Scheme??  Is Yahoo a scam?  Is AOL guilty of not having real products?  Fact is, internet marketing and internet media is very profitable, and all of these companies share a common reason for their success — they provide products that are valuable to internet advertisers and a low-cost way for their members and users (buyers and sellers) to find each other.  iNetGlobal is a Minneapolis-based company that has a unique set of legitimate internet marketing and advertising products.  iNetGlobal has been a fast-growing company that has learned how to develop these valuable virtual products, and the members and users are only guilty of one thing:  TOO SUCCESSFUL.  The DIRTY LITTLE SECRECT IS, I believe,  – THOSE KEY WORDS – ”too successful”.  The current economic environment in the USA has become wrought with Government suppression of free enterprise business –  NATIONALIZATION OF LARGE ENTERPRISES AND FREEZING ASSETS OF SMALL TO MEDIUM-SIZED ENTERPRISES.  To again quote iNetGlobal’s attorney:  “IT IS SAD!”  The USA Government has become anti-business.

www.cheapclix.net is an example of the power of the iNetGlobal internet advertising products and tools.  Its Alexa rankings for the past three months have increased 510%.  Another of my personal blog success stories:  www.mlm-im.com (up 330% on Alexa).  Fellow iNetGlobal member in India, www.evergreenstones.com, up 250%.  Another of my business blogs, www.homesquadcities.net up an astounding 2400% — a stunning example of local target niche advertising and internet marketing. The corporate site, www.inetglobal.com has had a three-month increase of 173% Alexa ranking.  Proof of the impact of the powerful iNetGlobal marketing tools — DO A GOOGLE SEARCH –  “inetglobal raid”.

 FIVE OF THE FIRST TEN GOOGLE RESULTS ARE POSTS ON CHEAPCLIX, OR ARE LINKS FROM OTHER SITES TO CHEAPCLIX!

INETGLOBAL PRODUCTS - TESTIMONY TO AWESOME RESULTS!

iNetGlobal NEVER HELD ITSELF OUT TO BE AN INVESTMENT!

iNetGlobal Sells Legitimate Powerful Virtual Products!

iNetGlobal, much like Google, Yahoo, AOL, Herbalife, Amway — Legal and product-oriented companies — testimonials to American ingenuity — that reach customers all over the world via MLM and/or IM (www.mlm-im.com) –  YET INETGLOBAL GETS RAIDED??  Herbalife was raided, too,  — early in its history.  Their revenues dropped from around $9 Million per month to less than $100,000 per month.  Herbalife survived that UNFAIR RAID, and today, Herbalife is successful all around the globe.

iNetGlobal provides provides effective products to their members and customers.  As members, we teach, we learn, and we earn while we learn.  IS THAT NOT THE AMERICAN WAY?  IN FACT, IS THAT NOT THE WAY OF THE ENTIRE FREE WORLD??  INETGLOBAL IS NOT A PONZI SCHEME, IT IS NOT A SCAM, IT IS NOT A FRAUD, AND IT IS CHANGING LIVES ALL OVER THE WORLD –  CHANGING LIVES FOR THE BETTER!  IS THAT NOT WHAT THE USA GOVERNMENT WANTS??  NOW THAT IS A REALLY GOOD QUESTION!!

NOW, JIM WALSH, REPORTER FOR THE MINNEAPOLIS STAR/TRIBUNE, YOU HAVE A SNIPPET OF THE OTHER SIDE OF THE INETGLOBAL STORY.  LET’S HEAR IT.  LET’S SEE IT IN YOUR NEWSPAPER ARTICLES.  LET’S SEE AND HEAR IT ON THE  TWIN CITIES TV NEWS MEDIA.  LET’S READ ABOUT IT ON THE STAR/TRIBUNE BLOG.  YOUR READERS WOULD NEVER HAVE FOUND THIS BLOG POST ON WWW.CHEAPCLIX.NET IF NOT FOR THE POWER OF THE INETGLOBAL INTERNET ADVERTISING AND MARKETING PRODUCTS AND TOOLS.

HERE IS A LINK TO A REAL EXAMPLE OF FREE ENTERPRISES: http://dailyreckoning.com/bombay-dreams-2/  iNetGlobal is making a presence in India, especially Mumbai (Bombay), as well as Chandigarh, Pune, Jaipur, Nasik, Chalis Gaon, Goa, Baroda, Bangalore  –  you name it, iNetGlobal is loved in India.  Soon to be launched in Bangkok, Thailand.  We are going to the “free world” with iNetGlobal.

  Any wonder why??

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MY PREDICTION:  INETGLOBAL RAID WILL BE USA GOVERNMENT EMBARRASSMENT!

Today, the Federal Courthouse in St. Paul, Minnesota, was an interesting place for concerned people with a stake in the illegal raid and seizure of iNetGlobal, Minneapolis Internet Service Provider.  While tens of thousands of lives have been impacted by the February 23 onslaught by the Secret Service and the FBI, the iNetGlobal case was afforded a hearing that lasted less than an hour.  However, those precious minutes will have a lasting effect on all of us that have knowledge of the powerful iNetGlobal products and services.

iNetGlobal’s attorney was at the top of his game.  After the hearing, I had the opportunity to to comment to him.  His response:  “Ken, to quote John Paul Jones, ‘I have not yet begun to fight!’ “  Here are some facts that came out today, some on the court record, some passed on to me by attorneys and company officers:

iNetGlobal presented arguments that former CEO Steve Keough attempted to shake the company down, –perhaps extort –, for $500,000, or face consequences!

iNetGlobal presented evidence showing that the company had knowledge, two weeks prior to the raid and seizure, that they were being watched by the Secret Service.  Upon receipt of that knowledge, iNetGlobal’s Attorney Mark Kallenbach contacted the Secret Service to discuss the matter, and invited the Federal Government to come to the Corporate offices for an opportunity to be informed about the company, its products, its books, etc.  iNetGlobal was informed that there were no pending issues.  That is to say, all was well with the USA Government and iNetGlobal.  Again, that was only two weeks prior to the raid!

iNetGlobal, as of February 23, had $25 Million in funds that have been frozen by the illegal seizure, against about $18 million in liabilities accrued to members and operating costs.  This is not to mention the value of the software products and other programming investment that the company has legitimately spent to grow and develop itself.

iNetGlobal’s Corporate Entity paid around $2.5 million in Income Taxes for the 2009 Tax Year.

Steve Renner, CEO, lives in a small home in a Twin Cities suburb, and drives a leased automobile.  He does not live like a Ponzi Fat-Cat perpetrating a scam or fraud via his iNetGlobal system.

Steve Renner, CEO, has been recently convicted of income tax evasion, and it is legitimately in the legal process of being under appeal.  I learned that the conviction was brought from a jury trial.  I also learned that the jury was denied hearing evidence that Mr. Renner had paid the tax.

Steve Keough should have a lot of explaining to do.  First of all, when hired as CEO of iNetGlobal, it was a classic case of “The Peter Principle”.  Steve Keough was fired, and he was fired for cause.  Steve Keough filed for unemployment, and iNetGlobal did not contest it.  However, anybody that carries a resume’, including a law practice, a military pension, and multi-lingual skills –  should he not have to explain why he qualifies for unemployment?????  Clearly, Steve Keough was a disgruntled former employee who happened to have the contacts within the Federal Government bureaucracy to convince some wet-behind-the-ears government agents that there was probable cause for a raid.  In the end, I dare say that some higher-level bureaucrats are going to roll some heads.  When will that be?  Perhaps it will be after iNetGlobal has been destroyed by these false allegations.

BUT HONORABLE JUDGE FRANK DID LEAVE MORE THAN A GLIMMER OF HOPE.  IN FACT, JUDGE FRANK AS MUCH AS SAID TO THE INETGLOBAL COUNSEL, not his precise words, but close  –  “I AM AVAILABLE FOR YOUR REQUEST TO CONSIDER AT LEAST A PARTIAL RELEASE OF THESE $25 MILLION IN SEIZED FUNDS.  WE SHOULD MOVE FORWARD WITH THESE PROCEEDINGS AND EARLIER IS BETTER THAN LATER”.

SOMEHOW, I GET THE FEELING THAT THE HONORABLE JUDGE FRANK, U.S. DISTRICT JUDGE, REALIZES THAT LIVES ARE IN THE BALANCE, AND I PROCLAIM TO YOU THAT HE SHOWED ME, IN LESS THAN AN HOUR, –  HONORABLE JUDGE FRANK IS A FAIR AND REASONABLE JURIST.  IF ANYONE CAN FIGURE OUT THAT THE FEDERAL GOVERNMENT ERRED IN THEIR SWIFTNESS TO CIRCUMVENT DUE PROCESS, AND ACTED ON THE BEHEST OF A BITTER TERMINATED EMPLOYEE WHO HAPPENED TO BELIEVE THAT HE WAS MORE IMPORTANT THAN THE THOUSANDS OF LIVES THAT HIS ACTIONS IMPACTED —, I BELIEVE THAT THIS JURIST CAN.

WE WILL SEE!

BUT

WE HAVE NOT YET BEGUN TO FIGHT!

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