Black Owned Beauty Supply Association review: Fraudulent company

'Beware! Please do not invest in BOBSA Online Stores or any affiliated BOBSA entity. BOBSA Online Stores, LLC is nothing short of a fraud for both the investors and the customers. Do not fall victim to the “act now" propositions or any misleading statements about the online stores profitability. The President and Founder is a master salesman who will take advantage of the emotionally charged state of the Black Hair Care Industry.

Unfortunately, many have been conned out of tens of thousands of dollars since the inception of the BOBSA Online Stores. A number of individuals, representing different states, purchased online stores from BOBSA. The president of BOBSA failed to deliver on the promises of the contracts. He produced websites that do not work to capture orders. In the rare cases that the stores actually worked BOBSA's president claims he couldn't fill the orders. He refuses to return telephone calls, has failed to pay the agreed upon amount for sales, yet he continues to sell websites.

I did not receive payment for any orders in 2008 and was continuously mislead in to believing payment was forthcoming. I have spoken to quite a few of the online store owners. Unfortunately, we all have the same or similar complaints. We are asking for BOBSa to stop selling stores and misleading the public. We are also seeking a refund of our monies for breach of contract and payment for all orders received.

To date, BOBSA is still actively selling online stores. Once you invest your money with BOBSA, you will not receive any financial statements concerning the health of BOBSA Online Stores or whether revenues have come through an investor “owned" store. Furthermore, BOBSA does not issue any documentation or evidence confirming your investment. My advice to those who have already invested in BOBSA Online Stores, make sure you keep documentation of your check or wire transfers.

Contrary to many the current rebuttals on ripitoff.com, the BOBSA Online stores ARE owned by BOBSA. BOBSA is responsible for marketing, sales, fulfillment, and shipment of the products. Any problems with the online stores should continue to go to BOBSA and not the individual investor. In most cases, the investors are unaware that a product has been ordered via the website or whether the order was actually fulfilled.