On October 9, Telligenix (parent company of Dynetech Corp) filed Chapter 11 Bankruptcy to shield itself from creditors. According to an article on The Orlando Sentinal: “The company blamed the economic slump and recent suit by Texas, which accuses the company of deceptive trade practices in its training-seminar business.”
For those of you who went to the American Cash Flow Institute, this article is a must read: Dynetech parent company files for Chapter 11.
Moreover, the B2G Institute is under fire as well. A Huntsville, Alabama TV-News station recently did some digging into this business and found out that the Better Business Bureau of Central Florida has had a lot of complaints. Check out the startling report here: B2G Institute Investigation.