Zer01 Parent Strips Web Site Following Report

alphadogg writes "Two days after a report cast doubt on Zer01 Mobile's business, its parent company has stripped its Web site down to only basic information. New details have also come to light suggesting a past connection between two of the involved companies, despite claims to the contrary. Earlier this week IDG News Service reported that it's unlikely that Zer01 could be technically able to offer the unlimited mobile voice and data service that it is advertising. The service, originally targeted for a July 1 launch, does not appear to be available yet. In addition, it's being marketed through a multilevel marketing program run by a company called Global Verge whose founder, Mark Petschel, in 2005 pleaded guilty to securities fraud. Petschel is currently on probation."

Comments

literallly

[gintoki]

Ok.......am I the only one who half-read the title as I scrolled down really fast and just imagined something quite different. I thought some hacker called Zer01 got stripped by his/her parent. Then I read the title properly. Oh yeah, to still be on topic......bad Zer01, very bad Zer01.

Common sense

[elrous0]

If it looks like a scam, walks like a scam, and quacks like a scam--then it probably *is* a duck. In that case, you should probably shoot it and cook it with orange sauce.

Not a pyramid...

[AliasMarlowe]

Wasn't this just another pyramid scheme?

It's a Sierpinski gasket which just looks like a pyramid, but requires less actual material...