Ecomwithacv Reviews 38

The hype around cryptocurrency drew me in, but it has only led heartbreak. I invested in several promising projects that turned out to be overhyped and underdelivering. The market's extreme volatility has wiped out large portion of my investment. The lack of regulation and prevalence of scams make it a dangerous place for novice investors. I regret ever getting involved in cryto.

I invested in a self-storage project with high hopes, but the poor management has led to disappointing returns. Maintenance issues, security problems, and unresponsive management have plagued the facility. The promised high occupancy rates have never materialized, leading to lower-than-expected income. It's become clear that this investment is far from the low-risk, high-reward opportunity it was advertised to be.

Forex trading is a trap for the unwary investor. The market is manipulated by big players, and the odds are stacked against small traders like myself. Despite rigorous analysis and following trading signals, I've faced consistent losses. The leverage offered by brokers only exacerbates the situation, leading to larger losses. It's been a frustrating and costly experience, and I advise others to steer clear.

The stock market has proven to be an unpredictable and stressful place for my investments. Despite diversifying my portfolio, I've faced significant losses due to market fluctuations and poor stock performance. The constant need to monitor the market and the stress of potential losses have taken a toll. I've realized that investing in stocks is not the path to financial security I hoped it would be.

Investing in cryptocurrency is like stepping into the Wild West! The lack of regulation means there's no safety net for investors. I've fallen victim to net for investors. I've fallen victim to pump-and-dump schemes and lost a significant amount of money on coins that were hyped up and then crashed. The market's volatility makes it impossible to predict. I've learned the hard way that crypto is a speculative gamble, not a reliable investment.

Self-storage investment sounded like a safe bet with steady returns. However, the reality has been disappointing. The costs for maintenance, security, and insurance are higher than anticipated, eating into the profits. The promised, occupancy rates never materialized, leading to lower-than-expected income. The management company has been ineffective in addressing these issues. It's been a financial drain rather than a profitable investment.

Forex trading has been an overwhelming and complex venture. The market moves on factors that are nearly impossible to predict accurately. Despise following expert advice and strategies, I've faced continuous losses. The broker's platforms are confusing, and customer support is often unhelpful. It's a constant struggle with no end getting out of forex trading.

Investing in stocks might seem like a solid plan, but the hidden fees and commissions quickly add up. Even with a diverse portfolio, I've struggled to see any real returns after these costs. The market's volatility and my lack of insider knowledge have made it nearly impossible to make consistent gains. It feels like the system is stacked against the average investor. I regret ever putting my money into stocks.

The crypto market is rife with scams and fraudulent products. I invested in several tokens that promised groundbreaking technology and high returns. Instead I ended up with worthless coins as the projects vanished overnight. The lack of regulation means there's little recourse for investors. It's been a harsh lesson in the dangers of chasing quick profits. Crypto investing is more like gambling than investing.

I was lured into investing in a self-storage project with promises of steady returns and low risk. However, the reality has been quite different. The costs of maintaining the facilities have been higher than expected, and occupancy rates are lower than projected. The management company has been unresponsive and inefficient. What seemed like a safe investment has turned into a money pit. I would not recommend self-storage investments to anyone.

I thought investing in stocks was a smart move, but it has been nothing but stress and disappointment. The market is unpredictable, and I've seen my portfolio value swing wildly. Despite hours of research , I've made poor choices that have cost me dearly. The fees and commissions eat away at any small gains. It feels like a rigged game where only the insiders win. I deeply regret investing in stocks.

Investing in crypto has been an absolute nightmare. I poured my hard-earned money into what I thought were promising projects, only to see them crash and burn. The volatility is insane, and I've lost more than half of my initial investment. There's no regulation, making it a breeding ground for scams. I wish I had never gotten involved. My advice? Stay far away from crypto unless you enjoy gambling with your future.

Let it be known that EcomwithACV are the same people behind "Accelerated eCom Ventures", Ascend Cap Ventures" and "Ascend Ecom". It is the same two guys (trust pilot wont let me name them). Theyve changed names quite a few times over the last few months.

I've been a "client" for over two years now at this point. Ascend got my account deactivated in September of last year for selling counterfeit products and Ascend never even attempted to appeal Amazons decision to get my store reactivated. They also ignored every request for proof that the items sold were purchased from a legitimate source. (because they werent) so I have been unable to get my account unlocked on my own as well. Amazon also froze my account balance at that time and have not released that either. I most recently paid Ascend $9280 via wire transfer in July of 2023 for a wholesale product order. Not a single product was ever delivered from that payment and not a single penny was returned despite asking for them to return it. That is a crime. Sadly, I paid via wire transfer because they wanted to charge me a fee to pay with credit card so I cant dispute the charge and clawback that payment. And to make matters worse, in the past few weeks I've received backdated invoices for ~$2000 they say I owe them from last year and tried to threaten to send it to collections if I dont pay? The audacity. I have filed a case with the CFPB for unlawful debt collection.

In total, I'm out over $50,000 and am currently taking legal action against them. For the last 10 months there has not been any success in trying to civilly rectify my situation through negotiations between our Attorneys. They have offered to settle my claim in exchange of the removal of all my public reviews and comments on several different occasions but each time we get to the point of actually signing some type of settlement agreement, they go silent right near the end and just stop responding to my attorneys request for follow up. ACV along with their attorney have done nothing but negotiate in bad faith and I will definitely be filing a formal complaint with the Illinois Bar Association against their attorney for his actions

I think its extremely important that anyone thinking about partnering with these guys do their own due diligence on this company, do not only trust the public reviews or any testimonial videos they provide you like I did. There is a Facebook group that has over 120 clients that all speak about experiences very similar to mine and are looking for justice. The group is called "Victims of Ascend Ecom".

I'm also more than happy to share all the evidence of all their wrongdoings not just with me, but with many others. I've already had the opportunity to speak to quite a few potential clients and my goal is to just try to make sure no one else becomes a victim.

Only if I had someone to warn me earlier, I wouldn't have fallen for this con. This is a shady project, many users like me have lost their money. I would avoid it. I just moved to InfinityMetrix as they have good investment plans with good ROI and withdrawal are quickly processed.

These people will be locked up soon. This is a complete scam. They took 120k from me. There are 100 of us victims. Do your research they have multiple class actions against them. they also go under Ascend cap ventures, ACV, Wealth builders automation, they come up with a new name every few weeks. They are also band from Amazon.

I signed up with Ascend Ecom, aka AE Logistics/Ascend Capventures/Ascend Distribution/potentially other names, back in September 2021. I invested $20,000 as my initial investment. By the time my Amazon store was created and initial inventory purchased, I made my first sales on Amazon in January 2022.

At first, my experience was okay. It was a little slow, but that was to be expected. Some product was selling and I continued to be told good things by them as to what to expect in the coming months and about some things they were doing at Ascend to help their clients skyrocket their success.

However, after a few months, things really never picked up, and when I did have some high revenue months (high 4 figure to low 5 figure revenue), it was met with a myriad of challenges.

Overall, some of the challenges I dealt with during my time working with Ascend include:

-Multiple Amazon violations & warnings, including: a secondary user being removed from my account for drop shipping, claims of counterfeit inventory, valid tracking rate not meeting requirements, and more
-Account almost being deactivated due to low account health. Surprisingly, my account wasn't ever deactivated, though most other Ascend clients I've spoken with have had their accounts deactivated. Ascend was never quick to resolve compliance issues with Amazon and I typically ended up taking care of it myself in order to avoid being suspended
-Listing product under the wrong brand, which resulted in the aforementioned counterfeit product claims. For example, they sold a bunch of cheap Choice brand cooking pans under the Volrath brand name. As you would suspect, many of these ended up being returned and the products were blocked from being sold. As a result of the returns and the Amazon FBA model, this also resulted in high fees for returns and for inventory storage for items that wouldn't sell and ultimately for inventory removal fees to get the products out of Amazon warehouses and avoid the storage fees from accumulating.
-Multiple letters from brand representatives saying that I had no rights to sell their products, which once again resulted in high fees due to having already had to purchase the product
-Poor communication: I was assigned multiple account managers over a two year period and never was certain who was in charge of my account. In addition, communication channels continued to change (Ryver, ClickUp, Slack, email, etc.) leaving prior communication in multiple places and hard to reference back to that prior communication.
-Lack of visibility into store results/inaccurate information: Ascend was often months delayed in providing profit sheets and these were often not fully accurate, as they didn't reflect all of the returns and associated fees, thereby falsely inflating store profits
-Inaccurate billing: As previously stated, profits were overinflated, so profit share invoices were overinflated. Also, I never should have received any profit share invoices, as my store never managed to break even due to all of the returns, storage fees, etc., even before accounting for the initial investment. Further, Ascend tried to bill me for $4k of inventory that was purchased on my credit card as if they were the ones who purchased it. And finally, they tried to bill me for shipping charges for orders that never were shipped.
-Mishandling of inventory: Ascend employees confirmed to me that over $10k of inventory purchased for my store was lost by the warehouse. Ascend claims to be super organized, yet how do you lose $10k of inventory? To make up for this, they offered credits on future inventory, rather than paying me back for the inventory that I had already purchased months ago.
-Not following through on buyback promise: Ascend claimed that they would provide inventory with 20%+ margins and if it didn't sell through in 2 months, they would purchase the inventory back. However, they didn't honor this on the inventory credits and said they could potentially offer more credits as needed. Also, when the inventory I was credited for wasn't selling through on FBA and instead was incurring hefty storage fees from Amazon, Ascend was unwilling to pay to return the inventory back to Ascend warehouses, so the only option was to reduce the price to a point that for one of the items was less than the fees Amazon charged for that item, so every unit sold was at a loss.
-Ascend also assured me that before they purchased any inventory for my store, they would let me know so that I could approve it first. This never happened and I never saw any invoices from the merchants they purchased from, so I had to trust them at their word for cost of inventory.

If Ascend is as good as they say they are, why do they need you when they can keep 100% of profits on their own stores?

I was brutally sincere on how damaging your company hurt my mortgage, my family, my finances and you said you would get close to the amount that I am owed. Then you turn back and offer 40 percent refund over a 24 month period. How can you be so brutal. How can you be so mean. How can you be so cruel. How can you be so misleading. How can you really be okay with destroying my life and God knows how many others. You cannot get away with this. Please refund my money.

This is beyond gut renchingly punishing to deal with this crisis you guys have been putting my family through. We are approaching October and 18 months later, I simply do not have any bank/credit/working capital accounts open. There is no working capital. You guys have not been utilized my working capital in a timely fashion, therefore the banks were not willing to wait several months for my stores to be active and therefore closed all of my accounts. Please help me with a better offer. The $500-1200 a month non guaranteed return isn't going to refund me the 70k balance sooner than my children going to college.

Please refund what is owed to me. On your contract that I signed it guarantees my full refund after 24 months. We are almost 2 years up. Please help me sleep better at night. Please help me.

Then you come up with ideas that you swear will benefit me but again, it doesn't. Please stop delaying and delaying and delaying and delaying. Please do the right thing.

I have made concerted efforts to activate my account for selling purposes. Unfortunately, I have consistently encountered issues regarding your compliance with the requisite working capital to facilitate sales on my store. This non-compliance directly contravenes our agreement, specifically the clause emphasizing the necessity of maintaining "available working capital."

You guys threaten to sue me for blowing any whistle, but there are many agencies out here that are able to help me.

SCAM!!!

I write this review to serve as warning to others in regards to my experience with Ascend. These guys refuse to speak to, do not respond to emails and there is no phone number to call. What astonishes me the most is that Ascend and their affiliates have made more of an effort to have my and other reviews removed than actually refund any money or follow thru on any promises or contractual obligations.

As to my experience with this...I signed upin October of 2021, paying $55,000 for an Amazon store along with ungating/private label services. I completed everything on my part quickly afterwards and had an Amazon store up and approved within roughly 1 month after signing up. Since that time, Ascend, ACV or whatever name they try to rebrand to, has made no effort to keep any sort of inventory in that store. The store has remained dormant with no sales. When emailed/slacked/called, ACV has no meaningful response have completely failed to live up to their end of the bargain. I and others are now in the process of legal action. Absolutely, do not invest a penny with these guys and then experience the headache that we have had... Please google lawsuits Ascend Ecom or google lawsuits Ascend Capventures. Read about other victims experiences with Ascend on FB or Reddit. DO YOUR DUE DILIGENCE before signing up. Make sure to read the articles on law.com and other sites regarding settlements and lawsuits. Do you really want to invest money with a company where not one but multiple people are taking legal action to try and recoup money?

Whats worse is I referred my good friend with these guys and his experience has essentially been the same. No follow thru, no sales, no contact, loss of hard earned money. I've spoke to at least 15 other individuals who have all experienced something similar to my friend and I. I have yet to find any success story... Theres a reason MULTIPLE individuals have referred these guys to the FTC and FBI.

Lastly, please make sure you due diligence. Ask these guys why they continue to rebrand with the name ACV or Ascend... google the founders of the company...read about the MANY other individual experiences on other platforms like reddit or the various articles on law.com.

Do not get fooled by their buyback guarantee!!! No one I have spoken to has gotten their money back despite multiple individuals trying too...