Wednesday, December 08, 2010

Planet Antares Is A SCAM – Avoid Them.

Planet Antares Inc headed by Mr Dana Bashor is engaged in manufacturing vending machines and are selling them across United States and Canada. The company has a long history of getting involved in one or the other issues. With passage of time and coming up on new technology, the company has lost its lusture as they have sticked to old and out dated vending machine technology. If you know a little about Planet Antares, then you must be aware of One Million Dollar penalty on the company by Federal Trade Commission. The company, earlier by name of Antares Corporation, was charged and fined for wrongly representing the potential of vending business. They were found guilty of luring people into vending machine business by misrepresenting the business potential.

Over the period of time, Planet Antares has spread its sales network across many states. They are known to conduct seminars – popularly known as Financial Freedom Conferences or Wealth Builder Conferences to attract entrepreneurs to start up vending business by investing in Planet Antares vending machines.

The irony is that the vending machine by Planet Antares is not actually manufactured by them. They are procured at cheap prices from Asia and are sold off in the west for exorbitant prices. If we browse internet we can find many operators complaining about poor technical support provided by the company. Moreover, the vending machines have been reported to fail in initial few months of installation. This can result in loosing vending business contracts. One may find newly bought Planet Antares vending machines on resale at various online shops. This could be a reason of failed business or faulty machines.

There are also number of online websites and communities that have highlighted the cons of Planet Antares Inc. Here are few of them.
http://www.postandcourier.com/news/2009/jan/16/company_has_checkered_past68551/
http://edumacation.com/PlanetAntares
http://www.trustlink.org/ViewQuestion.aspx?QuestionID=345
http://www.friendsinbusiness.com/board1/index.cgi/noframes/read/127673
http://www.la.bbb.org/Business-Report/Planet-Antares-Inc-13012540
http://www.forbes.com/forbes/1999/0614/6312322a.html
http://repeatrich.blogspot.com/2009/02/financial-freedom-bashor-alert.html
WE DO NOT RECOMMEND BUYING PLANET ANTARES PRODUCTS

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