BLOG THAT NOBODY READS

Dear Investors,

Kevin Pearman

         It’s nice to have an admirer. It’s not often that I get such praise. So I thought you might be interested in this very accurate assessment of my character.

         "I am amazed at the incongruity between your pompous self-righteous claim to show up the rouges that advertise scams in the papers contrasted with the fact that you feel justified in attempting to destroy the business that I have built up and one in which 450 people will be affected due to your feeble efforts  to make yourself  feel important? Anyhow, I have at least 98% of shareholders on my side and I have let them know that you are the one blocking our progress.

         What has caused you to become such a supercilious prick – a legend in his own lunchtime? Do you have a small penis? Were you not breast fed? Have you lived your life in the closet? Did the kids tease you at school, or all of the above?

         Look in the mirror and ask yourself, ‘What have I actually achieved in this life?’

         I can look in the mirror and see a face that is honest, has never hurt anyone and who has achieved 3 awards as an inventor contributing to this life. I created the It Makes Cents (to sell Cell C sim cards) that took off like a rocket and your interference (merely asking Cell C if the scheme had its approval) which destroyed the aspirations of 140 people plus blocked my attempts at raising money for my other project (N-Tyre Solutions). If it were not for people like me, mankind would still be rubbing sticks together to make a fire and your mother would have smothered you at birth.

       Your claims at being a ‘watchdog’ are laughable – no wonder nobody reads your pathetic blog you miserable cretin." 13/9/2013

       

PEARMAN'S N-TYRE OFFER

           This attack came from Kevin Pearman who claims to have perfected a truck tyre monitoring invention that he has been trying to get on the road for more than 12 years under the N-tyre Solutions name. To help him to do this he has been adverting in the Sunday Times and probably elsewhere for investors in both the N-Tyre business and other schemes he came up with to raise further money for his tyre project.

         I wrote two posts ("Cell C’s strange dealings with man of many promises" and "Big business turns on little man with ‘brilliant’ concept" big business) about his money making ventures. They were based on what he told me in emails.

         In fact the Cell C story was unsolicited. I knew nothing about it until he told me and gave me all the facts in emails that ran to many pages and included full details of his marketing agreement with Cell C as well as a photograph of himself to go with the story.

Cell C cancelled his contract after I asked the then CEO Alan Knott-Craig if this had the firm’s blessing – a question that might have been asked by anybody contemplating putting their money into a scheme in which Kevin claimed people could easily make an extra R800 000 per annum.

         At the time Kevin told me in an email that he believed it was me who stirred the pot with Cell C – no hard feelings if it was, because I am a positive thinker and believe that everything happens for the best.

         He followed this with another email saying that he had played completely open cards with me for some time and he had now found not one but two very interested and very big corporates to take N-Tyre under their umbrella.

         However what he needed from me was to remove the two posts I had written about him because his two potential benefactors would not go ahead unless the negativity of these articles was removed from the internet.

         But when I asked who the two were he refused to name them.

         I replied saying: Kevin I’m afraid your story doesn’t add up. If these companies have been put off by what is on my blog they must assume that what is there is true. If that is so they would hardly go into a deal with you if my posts were removed, because that would not suddenly correct what is wrong. How do I know they ever existed?

         At all times you knew I wanted information for my blog. What’s on my blog is based purely on things you told me. I didn’t make them up and as you are constantly asking members of the public to invest in your various schemes I believe it is important for them to know what the background is before they part with what possibly could be their life savings.

         You say you have not hurt anyone, but what happened to the investors in your hot pad (to relieved muscle pains) business and how long have the people who put money into N-tyre got to wait for a return?

Kevin's promise if you invested in the
Heat in a Click hotpad business he was promoting

         What concerns me Kevin is that N-tyre Solutions always seems to have something just around the corner that is going to make you and your shareholders the millions that you believe your invention is worth. But you never get round the corner.

         You go from one dud business (hot pads) to the next (Cell C marketing) trying to make the R2-million you say you still need to make N-tyre profitable. You have said things like, ‘There has never been a doubt about the vast income potential of the N-tyre system.’ Yet years go by and this never materialises. Doesn’t that cast a HUGE, BIG DOUBT on its potential?

         You were asking the public to invest in the hot pads and Cell C projects. No doubt you collected money from people and I wonder if they got their money back.

         I spoke to one of your N-tyre shareholders who invested R150 000 nine months ago and if that’s the kind of investment you received I can’t understand why your 450 investors have not provided more than enough money to get the thing off the ground. If they each invested just R50 000 that’s a hell of a lot of money.

         So what has happened to their money?

Another invitation to invest in N-tyre that appeared in the
Sunday Times in December 2010

         In your most recent N-tyre circular (Sent to me unsolicited in Jan 2013) you told us you sold your own assets and raised R233 700, which you put into the company. You also invested R81 000 made by your new company The World Loves a Winner. What was that doing? Wasn’t that the company involved in the Cell C marketing operation?

         You also promised 15% interest (Way above anything you can get from the banks) to existing shareholders prepared to put in more money. Where their interest is going to come from it is hard to imagine if you can’t even raise the money to get the N-tyre gold mine operational.

         At some stage of the Cell debacle you asked me if I would be taking your side and I replied that I would be reporting as objectively as possible and that’s still my point of view.

         Pearman answered saying he was not going to deal with all the points I raised as it will clearly make no difference save to say that some investors have only put in R1000.

         At about this time, by some strange coincidence I began getting mystery calls on my landline at around three in the morning.

         Then in early February this year I got an email from David Erlank. He claimed to be an N-tyre shareholder and he offered to give me the low down on the latest scam involving Kevin Cholwich. He was a crook I wrote about (See Noseweek exposes Dearjon Letter) who was also exposed on M-net’s Carte Blanche investigative TV programme.

         In exchange for this information Erlank wanted me to remove the two posts I had written about Pearman’s money making schemes.

         I ignored this email.

         Then two months later I had an email from Pearman. He has a very short memory because in spite of the broadside he had given me he was now asking me for another favour.

         He stated he had been informed by Erlank that he had contacted me about Cholwich and would I be so kind as to forward him this message? Erlank would have done so himself, unfortunately his computer was stolen.      

         Why would Pearman now want to get the exact email from me, when Erlank could surely remember the gist of what he sent me?

         As nobody reads my pathetic blog it’s pointless me asking: Any ideas readers?  Well it looks as though this question will have to remain as unanswered as the calls I have been getting in the middle of the night.

         On second thoughts I think I have the answered to those. When coincidences keep happening they tell their own story.

         The calls stopped for a while and then Pearman phoned me the other day and when I told him I was not interest in his proposals the calls started all over again.

         I will leave it to you to decide whether or not you should invest your money with Pearman and his N-Tyre Solutions or any of his other projects. He has never complained that there were any inaccuracies about the information I gave in the two posts I wrote.  

         Yours faithfully,

        Jon, the ‘laughable’ Consumer Watchdog who could well save a lot of people from putting their money on the wrong horse.

P.S. Francois Joubert at the Investors Club doesn't seem to think that N-tyre is worth investing in. He's the editor of the small-cap stock newsletter Red Hot Penny Shares & the Resource and Scarcity Report. Below this is a comment to him dated 20 Feb 2014

Cell C's strange dealings with man of many promises

Dear South African cell phone users,



         Work this one out if you can.

         In April this year Kevin Pearman’s Germiston based, The World Loves a Winner company, concluded a written agreement to market Cell C. The plan Kevin submitted to clinch the deal predicted that he could virtually double Cell C’s market share with 10-million new members by 2014.

         He believed that as Cell C’s call rate had been cut to the lowest in the market at 99 cents his scheme would be far more effective than Cell C’s adverting campaign that had only brought in a million new members in the last year.

        

And as I had previously reported on Kevin’s tyre monitoring invention for heavy vehicles (See Big business turns on little man with ‘brilliant concept’) he sent me details of his Cell C appointment.

         The gist of it was that by selling sim cards investors would reap the following benefits: For a joining fee of R600 a month they would earn 3% of the monthly airtime purchased per card activated and 1.5% of the airtime used by the new members.

         Down the line they would also get 1% of the airtime used by the cards activated by the people their members recruited as well as R150 for each new member and R50 for anybody these people signed up.

         Kevin’s company would pay these amounts from commission he received from Cell C.

     

    It sounded a real money spinner for just about anybody. But as Kevin claimed You can easily make an extra R800 000 per annum or get there quicker it seemed too good to be true so I decided to check it with Cell C.

Knott-Craig

On 16 July I asked Alan Knott-Craig, the company’s Chief Executive, in an email, if the scheme had Cell C’s blessing. He was formerly the CEO at Vodacom.



         Three days later things began to unravel for Kevin.

         On 19 July, unknown to me at the time, Hilton Coverly, Cell C’s Executive Head, Informal Marketing told Kevin that the agreement was cancelled and his firm would no longer be allowed to market Cell C.

         On 10 August the story took a new twist. Surie Ramasary its Executive Head, Product Management replied to the email I sent to Knott-Craig saying Please note Cell C does not condone this type of business concept and we have not been privy to it. It is a breach of the current agreement signed. Thank you for bringing this to our attention.

         No mention was made of the fact that the contract had been cancelled three weeks earlier. And when I asked her in a subsequent email how she could say her firm knew nothing about the scheme when her name appeared on the agreement, I got no reply.

         On 20 August an angry Kevin sent a hand delivered letter to Knott-Craig pointing out that the agreement was reached after his marketing plan had been submitted and approved by Cell C’s officials. And one of the signatories was Coverly.

       

Comedian Trevor Noah in a Cell C ad

         Kevin stated he had met Coverly the previous day to ascertain the reason for this grossly unreasonable cancellation. But he got no sympathy and was told that it was done because it was a pyramid and get-rich-quick scheme.

         Kevin countered that this was completely untrue as We are promoting your company’s business in a legal, effective manner. He asked Knott-Craig to reconsider the cancellation.

         In his biography Second to Nothing Knott-Craig, who was formerly the CEO of Vodacom, told us that his word was his bond as he often clinched deals with just a handshake.

         But he seemed determined to stay clear of this one.

         On 21 August Kevin got a fax from Jose Dos Santos saying that as Cell C’s Chief Commercial Officer he had been mandated by Knott-Craig to deal with this matter. He stated that after having read all the documentation he had decided after carefully deliberating with my team that the termination letter sent on 19 July should remain in effect.

      

Kevin again

   Kevin protested to Dos Santos that he had never been told of any breach of the contract and that it was unreasonable to cancel it under a clause that said this could be done at any time at Cell C’s sole discretion without penalty on 60 days notice. Coverly, he claimed, had said his plan was like throwing sim cards out of a helicopter.

         He told me that since he began promoting the scheme 140 people had signed up as agents and he had had many more inquiries. He had obtained a written commitment from the Executive Council of the Kekana tribe at Hammanskraal to switch its 750 000 members to Cell C. Two other large tribes had given a similar undertaking verbally.

         Another possibility was that a union with 2.3-million members would be interested in joining.

         To date he had spent close to R150 000 on a website to control the operation and the cancellation would badly affect the many people who were relying on this for additional or in some cases their primary income.

        It looked as though big business had turned on the little man once again, although this time it was not quite as simple as that.

      

      Did Cell C belatedly tumble to Kevin’s very chequered business record?

         Kevin has never been short on new ideas. But if his Sunday Times advertisements (see examples) are anything to go by his promotions have always had a too-good-to- be- true, get-rich-quick image.

     

This was in December 2010

    He promised to make millionaires out of investors in his N-tyre Solutions, the company that has his tyre monitoring system. However this has been on the runway for more than 10 years and never seems to get off the ground.

         He said 450 people had invested in it, but it doesn’t look as though they will ever get anything back.

The hot pad money maker

         Last year he was asking people to put money into his latest venture – marketing reusable heating pads to treat muscle strains and the like. At the time he told me I want to rectify my already tarnished name and make sufficient money to finalise my N-tyre business.

         He said he had come a along way in allaying all the negative publicity surrounding myself and N-tyre, and I am having the first shareholders meeting (after many years) – one of the gripes against me.

         He soon bailed out of the hot pad business. So what happened to the investors, if any, is anyone’s guess.



This agreement was signed by just about all Cell  C's top brass except Knott-Craig

         He now says he started as a Cell C reseller out of necessity to raise the R2-million I need to launch N-tyre myself and that N-tyre’s potential was better than ever with the strong possibility of the insurance industry embracing it.

         He explained his dubious Sunday Times advertising (see examples) as the only way to get people to respond. The ST is rudely expensive and I must do whatever I can to get to talk to people, was his explanation.

         It looks as though Cell C should do a bit more research before it enters into its next contract. The internet makes it so easy these days.

         Yours suspiciously

         Jon, your Consumer Watchdog. 

P.S.   I think you’ll agree the world does love a winner, but it doesn’t have much time for losers.