Monday, May 12, 2014

A Kelly G Rogers Joint Venture Agreement

Here's something you don't see everyday! And I think you'll find this really interesting.  
It'll give you some insights into the mind of Kelly G Rogers
It's called Jump Labs and this is a Joint Venture Agreement dated Friday, March 27, 2009. It's a proposal given to someone in Texas and it appears Kelly Rogers was acting on behalf of the Rogers Family LP. 

Read the first page and try and make heads or tails of the terms and conditions. Is this clear to you as you read it? 

First, for every $50,000 in cash you'd give him, he'll "allow you" to make $250,000 in commission by selling the product. Assign you commission rights of 4% in exchange for your cash.
Second, he'll give you an accounting of the total commission he received each month. This coming from a guy who forgets to submit paperwork in his own bankruptcy filing?
Third, he'll pay you within 15 days of his receipt of commissions. Oh yea? Just ask the guy from Series C LP (Michael Black) about how awesome Rogers is at paying on time. LOL.
And it goes on and on and on. Take the time to read this. It was actually given to someone to consider. They turned it down and thank God they did or they'd be on the subpoena list for May 19th.
Jump Labs JV Agreement.


Anonymous said...

I wonder how much money he made from this? I also wonder how many people he scammed, and if the authorities are aware of this "business?"

Anonymous said...

When the document came to me, I reached out to the company. They had already severed ties with KGR because they felt like he was a "Flake". But imagine if this person would had invested. Rogers didn't even get the opportunity to sell the product.

Anonymous said...

Is the company still around?