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9 Responses to “DubLi fact repository”

1. Pingback by Can you get a good deal through DubLi? » The Truth @ The Spin Factor | November 12th, 2008

   [...] The Real Bottom line: Even if you had gotten a good deal from DubLi, the fact that DubLi makes most of its money from selling licenses makes it a pyramid scheme and therefore unsustainable. Don’t ignore all the bankruptcy information. [...]

2. Pingback by DubLi Network LLC. Great Liars or the Greatest Liars? » The Truth @ The Spin Factor | December 10th, 2008

   [...] Michael Hansen has not bankrupted any companies – We resolutely reject this libelous assertion. It goes without saying that SpinFactor does not [...]

3. Comment by Morten | December 26th, 2008

   Hi!

   Regarding Michael Brudvold Hansen. I did some due diligence on him a couple of years back that may be of interest. Some information may of course be outdated, but the historical information should med ok… If you really ARE interested in the TRUTH=FACTS, and not just the tabloid-effect of claiming that Michael Hansen has bancrupted several companies, this imformaton will be of interest to you.

   To those it may concern.

   I have done some investigation on Michael Brudevold Hansen and DubLi.
   I have done my investigation by buying reports from The Central Business Register ( http://www.cvr.dk/ ) and extracting dates and figures from them. This means that my information originates from the Danish authorities, and is beyond questioning (apart from any typo I may have made). The reports are accessible to the public and each report costs DKR 32,- equivalent to approximately 5 Euro.

   Please bare in mind that I am not making any conclusions as to the intent of http://www.DubLi.com or the DubLi-concept it self. It must be up to each person to decide on their own belief in the DubLi-concept.

   There are a lot of half-truths and misinformation on the Internet regarding DubLi and Michael Brudevold Hansens previous Business ventures, portraying him as a scam artist having several bankruptcies on his conscience.
   The truth is however, that non of the companies mentioned on various websites and/or discussion forums has gone bankrupt with Michael Brudevold Hansen as CEO or even in the management.

   These are the FACST:

   K.T. Marketing:

   24-09-1997 – Sci-Fi ApS is founded by Michael Brudevold Hansen & Jesper Pedersen.
   09-09-1999 – Jesper Pedersen leaves the management.
   14-02-2001 – Name changes to MICHAEL HANSEN HOLDING ApS.
   01-01-2002 – Management replacement to Kim-Adler Thorsted (probably sold)
   18-01-2002 – Name change to KTG INVEST ApS
   15-03-2002 – Name change to
   05-07-2002 – Company is filed for bankruptcy.
   12-07-2002 – Name change to K.T. MARKETING ApS
   07-10-2003 – Bankruptcy.

   Conclusion (K.T. Marketing): Michael Brudevold Hansen has never owned the company while it was called K.T. Marketing. He was not involved with the company that later was renamed to K.T. Marketing for more than 7 months prior to the date where it was filed for bankruptcy.

   GLOBAL COMMUNICATION NETWORK

   01-08-2000 – Founded by several founders, amongst Michael Brudevold Hansen. Michael Brudevold Hansen joins the board.
   23-10-2001 – Management replacement to Klaus Friis Nielsen. Michael Brudevold Hansen resigns from the board.
   23-04-2003 – Management resignation.
   02-07-2003 – Forced disintegration.
   22-07-2003 – Company is filed for bankruptcy.
   10-01-2005 – Bankruptcy.
    
   Conclusion (Global Communications Network): Michael Brudevold Hansen was not involved with the company for more than 20 months prior to management resignation and later the file for bankruptcy.

   WORLD OF WINE

   01-05-2001 – WORLD OF WINE ApS is Founded by Torben Malmros and MICHAEL HANSEN HOLDING ApS.
   15-02-2002 – Torben Malmros leaves the management.
   06-09-2002 – Management change to Preben Lind. An A/S (Inc.) is formed. Michael Brudevold Hansen joins the board.
   14-10-2002 – Name change to WORLD OF CONCEPTS A/S
   03-07-2003 – Name change to WORLD OF WINE A/S
   09-09-2003 – Management resignation.
   08-12-2003 – Forced disintegration. Board resignation.
   18-12-2003 – Company is filed for bankruptcy.
   26-05-2004 – Bankruptcy.

   Conclusion (World Of Wine): Michael Brudevold Hansen was not in the management, but a common board member for more than 12 months prior to the disintegration and later file for bankruptcy.

   MR. TACO

   15-07-1997 – Founded by Michael Brudevold Hansen and Robert John Borrell.

   Conclusion (Mr. Taco): The company is still active and according to the Dansih authorities there is “Ingen verserende sager” meaning that the authorities has no claims against the company. Apparently the company is running with nothing to question.

   Links:
   http://www.cvr.dk/Site/Forms/PublicService/DisplayCompany.aspx?cvrnr=20306904

   DubLi Danmark:

   01-01-2005 – Aps KBUS 17 NR. 3923 is founded by Aps KBUS 38 NR. 3117. Management is Kim Madsen.
   10-05-2005 – Name change to DUBLI DANMARK ApS. Management change to Henrik Daugbjerg Hansen.
   01-10-2005 – Management change to Christian Ellentoft Christensen.
   23-01-2006 – Company is filed for bankruptcy.
    
   Conclusion (DubLi Danmark): Michael Brudevold Hansen has never been CEO of this company. However he does not deny his involvement with the company.

   The explanation (as I recall it): DubLi Danmark was founded in order to undertake the development of the DubLi website launched on the 15th. of June 2005. According to the DubLi management the site was never completed satisfactory and the development was moved to Berlin. In order to anticipate any economical claims (from anybody) when DubLi becomes big business it was a corporate decision to let DubLi Danmark go bankrupt. According to the trustee handling the case (solicitor: Ole Clausen from Kolding – Denmark), there is nothing unusual in this procedure and according to the information he is in possession of, no criminal conduct has been made with DubLi Danmark. I have gained access to the official court documents (all of them) and the case is as plain as they come.
    
   Dubli in Delaware: “Dubli.com LLC” was registered on the 04th of May 2006 in the state of Delaware under # 4153725 and has “GOOD STANDING” with the Delaware authorities.
   Previously the DubLi mother company was called Trading Values LDT and was registered on the 07th of July 2003 in the state of Delaware under # 3673344.

   Links:
   https://sos-res.state.de.us/tin/GINameSearch.jsp

   What you choose to conclude from these figures is up to you. But always do your self the simple favour of NOT believing everything you read on the Internet.
   Just because the same 40-50 anonymous people are distributing the same 8-10 pieces of misinformation amongst them selves on several mail forums and websites does not make the information true in the end.
   Always investigate the source of the information thoroughly before jumping to any conclusions. The truth is out there, you just have to look hard enough. Anonymous sources are never a good place to get the truth. Authorities are, however it may be hard to find, it may be in a language you do not understand, and it may cost you a bit of cash. But at least the information is valid, and if you really ARE seeking the truth then that must be what really count.

4. Comment by eaglescout | December 27th, 2008

   Hi Morten, I appreciate the new information.

   Anonymous sources are never a good place to get the truth.

   It seems to me that the main source of the information was the same as yours, the CVR, which is not an anonymous source.

   I also do not see the relevance of whether Michael Hansen was the CEO or not. Do companies routinely rotate CEOs every 4 months and then declare bankruptcy?

5. Comment by Unrelated | January 3rd, 2009

   That just proves he’s smart enough to sell the companies before they go bust.

   Make the money and leave someone else holding the bag.

   Scam artist of the highest degree.

6. Comment by Tony | January 5th, 2009

   The conclusion is that Michael Hansen “did not” in fact bankrupt any of the companies that you claim he “did” bankrupt. I don’t think that being involved in companies that have bankrupted once you were no longer involved in them classifies you as a “scam artist” as have called Michael Hansen.

   Your quote from the “Tenderfoot” answers. – “…but they have a terrible image problem with so many scam artists being associated with DubLi.”

   You say, “I also do not see the relevance of whether Michael Hansen was the CEO or not. Do companies routinely rotate CEOs every 4 months and then declare bankruptcy?” It almost seems like you’d rather not deal with the research.

   In one case, Mr Taco, it seems that the company is running to this day without question. I’ll have to recheck that on later on CVR but the site is being updated right now.

   In the case of KT Marketing it looks like years between MH’s involvement and bankruptcy of the company.

   With GLOBAL COMMUNICATION NETWORK more than 20 months went by without MH’s involvement before bankruptcy.

   With WORLD OF WINE almost 5 months went by between board resignation and bankruptcy.

   As for Dubli Danmark the explanation here is the same as I was told when I inquired about it, which is totally plausible and verifiable.

   So the relevance of whether Michael Hansen was CEO or not is that you state that he is a scam artist who has bankrupted companies.

   And I’m not that familiar with a corporate structure bankruptcy, but I doubt that the CEO could do it alone either.
   So Michael Hansen being neither in the management or CEO is completely relevant.

   Your quote from the “Tenderfoot” answers. – “The great thing about the whole situation is that Michael Hansen thought there was no way to verify whether he had actually declared bankruptcy or not in the past, so he falsely claimed he hadn’t.” Here you resort to reading Michael Hansen’s mind by saying that “he thought” there was no way to verify… so he falsely claimed he hadn’t.

   Nobody, including Michael Hansen, is foolish enough to believe that public records could not be accessed. That alone makes your statement here ludicrous.

   It seems to me like when ever you are finally confronted with something you can’t explain you answer the question with a question that isn’t relevant, like, “Do companies routinely rotate CEOs every 4 months and then declare bankruptcy?”

   Furthermore, if CEOs are being rotated that often, it looks rather suspicious, as though they are trying to diffuse responsibility for the bankruptcies. Any one of them can say, “oh, I wasn’t CEO when the company went bankrupt”, or, “I inherited an insolvent company”.

   Make of it what you will, but Michael Hansen knew better than to simply state that he didn’t bankrupt any companies. That may be the truth, but it’s not the whole truth.

   You are trying to imply wrong doing with information that is inaccurate to begin with. I don’t see “all” of these companies rotating CEOs and then declaring bankruptcy.

   Whether they eventually filed bankruptcy or not does not reflect on Michael Hansen unless he was running the ship at the time.

   And BTW, I’m not trying to defend Michael Hansen. I don’t know the guy from Adam. But I do have interest in Dubli. And if this is the information that you use to make a case against Dubli your case is beyond weak.

   This isn’t the only article we’ve posted on DubLi, and it isn’t the only relevant information on DubLi.
   DubLi’s executive officers (not Michael Hansen), have dirtier track records.

   The fact that DubLi has not publicly addressed the claims (and in fact, hid the false and misleading assertions, such as claiming DubLi is not a lottery) gave us no reason to investigate further.

   You don’t have a case at all. You have a gut feeling that this may be a scam and a bunch of information that you can twist to help suggest it. Beyond that I don’t see where you’ve proved “anything”. So please tell me, what’s the real agenda here?

7. Comment by eaglescout | January 5th, 2009

   The conclusion is that Michael Hansen “did not” in fact bankrupt any of the companies that you claim he “did” bankrupt. I don’t think that being involved in companies that have bankrupted once you were no longer involved in them classifies you as a “scam artist” as have called Michael Hansen.

   According to Morten’s records, Michael Hansen was an executive officer or board member in some of these companies.

   Your quote from the “Tenderfoot” answers. – “…but they have a terrible image problem with so many scam artists being associated with DubLi.”

   That’s right. Who else is involved with DubLi?

   You say, “I also do not see the relevance of whether Michael Hansen was the CEO or not. Do companies routinely rotate CEOs every 4 months and then declare bankruptcy?” It almost seems like you’d rather not deal with the research.

   It’s a rhetorical question. Should I translate?

   In one case, Mr Taco, it seems that the company is running to this day without question. I’ll have to recheck that on later on CVR but the site is being updated right now.

   That appears to be the case. Good.

   In the case of KT Marketing it looks like years between MH’s involvement and bankruptcy of the company.

   With GLOBAL COMMUNICATION NETWORK more than 20 months went by without MH’s involvement before bankruptcy.

   With WORLD OF WINE almost 5 months went by between board resignation and bankruptcy.

   As for Dubli Danmark the explanation here is the same as I was told when I inquired about it, which is totally plausible and verifiable.

   So the relevance of whether Michael Hansen was CEO or not is that you state that he is a scam artist who has bankrupted companies.

   I didn’t state he is a scam artist; however I did state he bankrupted companies. Perhaps you are not aware of this, but bankruptcy is not a decision made by just one person, since it affects executive officers and major shareholders. And in companies as tiny as DubLi it is almost inconceivable that the person registered as CEO did not consult with others. Obviously Michael Hansen knew about it or he wouldn’t have founded the German site.

   And I’m not that familiar with a corporate structure bankruptcy, but I doubt that the CEO could do it alone either.

   We agree.

   So Michael Hansen being neither in the management or CEO is completely relevant.

   That wasn’t my claim.

   Your quote from the “Tenderfoot” answers. – “The great thing about the whole situation is that Michael Hansen thought there was no way to verify whether he had actually declared bankruptcy or not in the past, so he falsely claimed he hadn’t.”

   Here you resort to reading Michael Hansen’s mind by saying that “he thought” there was no way to verify… so he falsely claimed he hadn’t.

   How would Michael Hansen explain his misleading statement?

   “I didn’t personally sign for the bankruptcies, but I was an executive officer in all of them.”?

   There may be a subtle distinction, but it is fairly important. Don’t you think he should have clarified?

   Nobody, including Michael Hansen, is foolish enough to believe that public records could not be accessed. That alone makes your statement here ludicrous.

   Maybe he didn’t expect them to be easily available; after all, you’d need to understand some Danish.

   It seems to me like when ever you are finally confronted with something you can’t explain you answer the question with a question that isn’t relevant, like, “Do companies routinely rotate CEOs every 4 months and then declare bankruptcy?”

   That’s perfectly relevant. If Michael Hansen was an executive officer in these tiny companies, he naturally had some involvement or input in the bankruptcies, whether or not he was a CEO.

   Furthermore, if CEOs are being rotated that often, it looks rather suspicious, as though they are trying to diffuse responsibility for the bankruptcies. Any one of them can say, “oh, I wasn’t CEO when the company went bankrupt”, or, “I inherited an insolvent company”.

   More interestingly, 3 months before the DubLi bankruptcy Michael Hansen is named CEO of the German/US DubLi.

   Make of it what you will, but Michael Hansen knew better than to simply state that he didn’t bankrupt any companies. That may be the truth, but it’s not the whole truth.

   You are trying to imply wrong doing with information that is inaccurate to begin with. I don’t see “all” of these companies rotating CEOs and then declaring bankruptcy.

   I don’t either.

   Whether they eventually filed bankruptcy or not does not reflect on Michael Hansen unless he was running the ship at the time.

   See my earlier responses.

   And BTW, I’m not trying to defend Michael Hansen. I don’t know the guy from Adam. But I do have interest in Dubli. And if this is the information that you use to make a case against Dubli your case is beyond weak.

   This isn’t the only article we’ve posted on DubLi, and it isn’t the only relevant information on DubLi.
   DubLi’s executive officers (not Michael Hansen), have dirtier track records.

   The fact that DubLi has not publicly addressed the claims (and in fact, hid the false and misleading assertions, such as claiming DubLi is not a lottery) gave us no reason to investigate further.

   If Michael Hansen’s half-truths inspire confidence in you

   You don’t have a case at all.

   Which case is that?

   You have a gut feeling that this may be a scam and a bunch of information that you can twist to help suggest it.

   We initially suspected it was a scam based on DubLi’s history and deceptive business model.
   They made some changes early on to address our criticism, but then they sent out a private letter filled with half-truths and outright lies.
   If you look at the original article, you will notice that it is listed as outdated.

   Beyond that I don’t see where you’ve proved “anything”.

   What exactly is it that you want us to prove? Whether DubLi is a shady MLM does not depend on whether Michael Hansen personally declared bankruptcy in Denmark, there’s plenty more to look at. Our assertions are pretty consistent with the information that is available.

   So please tell me, what’s the real agenda here?

   Are you assuming there’s a fake agenda?

8. Comment by mikeZ | March 16th, 2009

   I can barely read the previous posts without laughing my ass off. are you guys that stupid? Hansen has been involved with how many companies that went bankrupt. Do you see a pattern anywhere. To try and explain away what has happened to all those companies is just ridiculous. Is the guy just a black cloud and where ever he goes conmpnaies go out of business or maybe those companies were scams! LOL…amazing

9. Comment by Jo Wonstead | March 15th, 2010

   I have just come across Michael Hansen and DubLi.com and I was wondering what his involvement is with Kim Adler Thorsted, besides the fact that he(Kim)took over Michael Hansens Holdings just before it went bankrupt (under the name of KT marketing). Is Kim the money launderer?

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