Just take a moment to read this investigators excellent outline of WHAT McNulty again did on unsuspecting people.
McNulty is just plain scary and people need to know.
Kaching Kaching is it a scam?
Does Kaching Kaching make fraudulent claims?
Is Kaching Kaching a Fraud?
I am begining to suspect that my readers are starting to understand the reality of who the owner of Kaching Kaching is.
I am starting to think that people are begining to become aware of Robert J McNulty - scamming money from innocent people and businesses... And making himself a success at the cost of others.
The only thing I don't understand is why Robert J. McNulty - also known as BOB MCNULTY - is not in Jail..... NOT IN JAIL... In fact he has gotten away with everything he has done.
And trust me - the top people in his companies have no ideas about this kind of stuff. They think he is a GOD... Because he is a smooth talker - and shows them impressive pictures.
He hand picks his people - and tells them NOTHING.
Would you work for a man that did not pay his employees - and claimed bankruptcy - taking all the money and opening up another company - making millions more - off the hard work of his employees sweat - NOT PAYING THEM - and taking their money to open another business presumably to do the same thing again?
Think people --- is KACHING KACHING A SCAM?
The Big Store sounds an awful lot like Kaching Kaching. Read the article for yourself and figure out if you agree...
In fact I've copied it here ---
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And Now the Big Bankruptcy - Company Financial Information
Industry Standard, The, Sept 18, 2000 by Jim Evans
TheBigStore.com was to be Robert McNulty's next big thing. But one year out, the company is on its deathbed. What happened?ROBERT J. McNulty has struck again. Only last year the Southern California retailing impresario, who is known as much for his legal troubles and bankruptcies as his megamillion-dollar successes, quietly launched his latest venture. TheBigStore.com, which followed the $220 million sale of his first Internet company, was going to hawk everything from top-of-the-line digital cameras to dog food.
But that grand ambition is now a remote dream. At the end of July, TheBigStore was forced into bankruptcy. While the company challenges that court order, the site has shut down. And it's beginning to look like this could be the ugliest of McNulty's failures to date -- the fourth bankruptcy in a checkered career that has earned him a yacht and a $14 million mansion, in addition to the attention of federal regulators.
TheBigStore's troubles are just a piece of the broader fallout in the Internet Economy as the e-commerce bubble burst. The failure stands as a stark reminder of the go-go months of 1999, when anything dot-com seemed like a winner, and even executives with questionable track records were given a green light to go full-speed ahead.
Now TheBigStore's critics are circling. After hiring as many as 220 employees earlier this year, the Santa Ana, Calif.-based retailer has laid off almost all of them, with at least some owed weeks of back pay. Suppliers are lining up to sue the company for millions of dollars. And about a dozen messages have been posted from people who claim to have been BigStore customers. The messages, posted on a Web site called The Complaint Station (dedicated to airing attacks against companies) allege that customers paid for goods that were never delivered.
McNulty, whom a company news release describes as TheBigStore's cofounder, did not respond to requests for interviews left with BigStore CEO Mike Skellern, as well as with Christopher Connolly, a lawyer who is listed in court documents as McNulty's attorney.
Despite the surprise now expressed by McNulty's partners, his past raises red flags that might have led his supporters to proceed with caution. Three companies he started in the 1980s -- All-American SportsClub, Auto Giant and Auto Depot -- went bankrupt. Then, in 1994, the Securities and Exchange Commission ruled that McNulty defrauded investors by using the proceeds of securities offerings from three companies he headed to finance the operations of affiliated companies.
Five years later, McNulty left the first Web company he founded, Shopping.com, amid an SEC investigation of the manipulation of the company's stock, which had increased more than 250 percent over a few months. While McNulty escaped blame in the SEC's initial ruling in 1999 (the underwriter was tagged for the manipulation), the case is still open.
Even McNulty's founding of The-BigStore, soon after Shopping.com was sold to Compaq for $220 million, raises questions about his reliability. McNulty and a group of former business associates started the business, but his involvement in the project was kept quiet. Why? One reason could be the noncompete contract he signed with Compaq upon the sale of Shopping.com. According to SEC documents, this prohibited him from working for, consulting for or being more than a 5 percent investor in any company that conducts retail business on or through the Internet without Compaq's approval until June 2000.
Those who chose to work for TheBigStore can't be held entirely responsible for not knowing this background. Indeed, one employee, who insists that he not be identified, explains, "We were told that everybody was out to get Bob, so we should just be quiet about his involvement."
And there were good reasons to believe in McNulty, whose career includes some successes. In addition to his work with Shopping.com, he founded the Southern California discount retailer HomeClub, which he sold to Zayre for $151 million in 1995.
Some respected executives clearly had faith in McNulty, most notably Tracy Nolan, who left his job as Drugstore.com VP of operations to become CEO at TheBigStore (he quit in June and was replaced by current CEO Mike Skellern). Nolan declined to comment for this story.
Chris Hoven, TheBigStore's IT administrator, says that he took his job unaware of McNulty's background, but that changed quickly. "When I was first hired I didn't know anything about McNulty, but in the first three months I found out," says Hoven, the company's 15th employee, hired in Apr11 1999.
Nonetheless, TheBigStore appeared on track for much of 1999. Sure, it was losing money, but what e-commerce company wasn't? Besides, employees were assured that there was $150 million in reserves, says one worker.
Only after the company missed its October launch did the mood darken as executives admitted they needed cash. McNulty then brokered an agreement with China.com that would see the Chinese portal take a 7 percent stake in TheBigStore, according to a news release issued Jan. 4.
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And Now the Big Bankruptcy - Company Financial Information
Industry Standard, The, Sept 18, 2000 by Jim Evans
Today, it's in dispute whether the deal ever happened. Craig David Celek, China.com VP for investor relations, says his firm never completed the investment, because it was disappointed with TheBigStore's merchandise. But TheBigStore CEO Skellern insists China.com invested in his company.When the market for Internet stocks crashed in March and April, TheBigStore's cash problem became even more evident. Employees noticed that the company was struggling to pay suppliers.
Robin Smith, a customer from North Bend, Ore., also felt the change. She had successfully purchased batteries from the site in January without any problems. In April, she ordered a $877.99 Sony digital camera. Though TheBigStore cashed her check in May, the camera never arrived.
"I've done a lot of business online and this has never happened to me before," Smith says.
Employees also felt the pinch. On June 12, the company announced that about 75 percent of the staff would be laid off. The following Friday, the company missed its first payroll. Skellern promised that checks were on the way.
Two weeks later, the company missed its second payroll. Workers got more assurances and were told that an investor was close to signing a deal. After missing its third payroll, the company announced it would lay off the remaining staff.
Hoven says he's owed $16,000, but he, like another worker interviewed for this story, doesn't expect to get it.
At the end of July, the company was forced into Chapter 7 bankruptcy by distributor Ingram Micro, affiliate Ingram Books and another BigStore supplier, Page Digital.
TheBigStore filed a motion Aug. 30 to dismiss the bankruptcy. In court filings, it claims that Ingram Micro intentionally harmed TheBigStore's business because of ties to competitor Buy.com. Skellern says Ingram Micro tampered with a round of financing the company was negotiating with Red Dolphin Enterprises of New Mexico, and contends that Page Digital didn't live up to its contractual obligations.
In turn, Ingram sued TheBigStore for $3.28 million, claiming that McNulty personally guaranteed $1.6 million of the company's debt. All told, according to lawsuits and bankruptcy filings, TheBigStore owes about $8.2 million to suppliers, workers and customers.
All of this could have been avoided, of course, had the company managed to close another round of financing. But it didn't, for which McNulty partly blames the critical missives about him and the company posted to stock message boards on Raging Bull, a subsidiary of CMGI-owned AltaVista. On Aug. 16 McNulty sued Raging Bull and AltaVista, among others, for defamation and emotional distress.
"Each separate publication exposes plaintiff McNulty to unwarranted ridicule, contempt, hatred and obloquy," his complaint says.
It's a contempt, however, that at least one BigStore employee has developed without reading the site. Says Hoven: "McNulty will screw anybody for a buck."
COPYRIGHT 2000 Standard Media International
COPYRIGHT 2000 Gale Group
Just in case these sites get shut down - I URGE YOU - to take screen shots.
Of this blog - and of the sites I link you to.
We aren't crazy, we're trying to save people from being taken advantage of while Mr. McNulty uses sites like LOCAL AD LINK --- and KACHING KACHING - and BOOMJ and BEYOND COMMERCE INC and I-SUPPLY and ADJUICE and other places he has his nasty little fingers in.
If you want to be one of the hundreds of thousands of people who are supplying this man... by all means go ahead and donate your money.
I'd rather you donated it to me instead - I'd use it to investigate even more. But let's not even think about that... Cause don't worry. I care enough to tell you what I find anyway - whether you pay me or not.
In fact - I won't offer you a percentage on all the people you get to donate to me... and I won't tell you that you can make millions by donating to me... Or six figures.
I'll just tell you this...
READ AND PAY ATTENTION TO THE FACTS...
Someone is a snake here - and people are getting financially hurt while this snake is living in a posh home and paying good lawyers... and living off your incomes.
Kaching Kaching only means one person is hearing that sound - or any other crook who leads at the top level - in fact - that's something I will explain later.
How Burn Lounge is involved in all this too - and if you don't know about Burn Lounge - you should.
Still want to join Kaching Kaching and make a lot of money after all this? Go ahead.
But don't say I didn't warn you so far.
And there is MORE to come.
Patience my dear friends. Patience.
