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Only for Experienced Warriors: Have you ever seen the online equivalent?

by RobinInTexas
1 replies
  • OFF TOPIC
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A city boy moved to the country and bought a donkey from an old farmer for $100. The farmer agreed to deliver the mule the next day. The next day, the farmer drove up and said, "Sorry, but I have some bad news. The donkey died."

"Well then, just give me my money back."

"Can't do that. I went and spent it already."

"OK, then. Just unload the donkey."

"What ya gonna do with him?"

"I'm going to raffle him off."

"You can't raffle off a dead donkey!"

"Sure I can. Watch me. I just won't tell anybody he's dead."

A month later the farmer met up with the city boy and asked, "Whatever happened with that dead donkey ?"

"I raffled him off. I sold 500 hundred tickets at two dollars apiece and made a profit of $998. "

"Didn't anyone complain?"

"Just the guy who won. So I gave him his two dollars back."
#equivalent #experienced #happen #online #scam #warriors
  • Profile picture of the author seasoned
    YEP! Here is just ONE famous, albeit possibly long forgotten example!

    http://www.warriorforum.com/main-int...joe-kumar.html

    he said many similar thigs, and pulled a similar trick. He is most famous for selling a book he legally doesn't own, and many say never owned. Many aspects of it people claimed he never bought, and people here gave him the idea for it. In a sense, people are buying a mule that died, and he isn't giving back the money.

    BTW if he were here, the FTC would likely sue him. For starters, he sold limited rights claiming that no more rights would EVER be sold. He basically promised everyone a chance at a MINIMUM of .2% of the market. THEN, when done with that, he took a product, that he NO LONGER had rights to, and sold it till the cows came home. SOME were then giving it away for FREE!

    THAT upset him, so he brought out the colgate doctrine. TWO problems! ONE, the colgate doctrine SPECIFICALLY FORBIDS a suit such as he threatened! TWO, it requires some controlled item where the lack of it prevents the first from being sold.

    In a sense, the colgate doctrine is PROTECTION against a suit! You could sell INFINITE rights to an item to be sold above a given price, and require that a license be provided. You can then provide that license, and stop if they sell below the price. If they try to sue you, you can claim the colgate doctrine.

    Steve
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