Emerald Passport / Director did not deliver goods
I entered into the Emerald Passport business in January of 2009 under Director Ed Bounds from College Station, TX. I became a Phase 1 distributor in my third week. In April of 2009, Mr. Bounds informed me that one of my Phase 1 qualifying sales people was stepping up to purchase a Phase 2 ticket and if I purchased one also then I would become Phase 2 qualified. I purchased the Phase 2 ticket but the other member did not. According to the agreement, Mr. Bounds had 10 business days to place my Phase 2 order. He did not place the order in that ten day period. I contacted him and asked why he had not placed the order, he claimed that he would wait until he had more orders to place and then place my order then. Weeks went by and in May, after investing over $8k in the business, I decided to move on. I asked Mr. Bounds for a refund on my Phase 2 order since he still had not placed it. Mr. Bounds refused to refund my ticket purchase. I then asked Mr. Bounds to refund half of my ticket purchase and he would keep half and not place the order. Mr. Bounds agreed to this and stated he would be sending me a check for half of the amount. Mr. Bounds never sent the refund. I contacted him numerous times about the refund. Now EPI is out of business and Mr. Bounds is claiming he placed my order and never agreed to a 50% refund. He has threatened me with lawsuits and claims that my issue is with EPI not delivering my order. He claimed this AFTER EPI went out of business.