Timothy Baggett sells Changes Trading to… himself?
On October 12th Changes Trading owner Timothy Baggett issued an apology for months of delays in paying out his affiliates.
As all of you know we have fallen behind in commissions that were owed from the last couple of months.
I want to sincerely say how sorry I am that this has happened and I want to assure you that we are working very diligently to get this resolved.
Commissions being paid correctly, and on time is the life blood of any business like ours and it is essential to staying open.
We have always taken pride in getting our commissions paid on time and correctly we intend to get this fixed and to get back on the right track.
Over the next few weeks we will be sending out payments to you as we try and get this completely cleared up.
At the time, it sounded as if Changes Trading had put their issues behind them.
Turns out however that after “working very diligently” on the problem over the last two weeks, Baggett concluded the only way to ensure affiliates were paid on time was to remove himself from the equation.
In an email sent out to Changes Trading affiliates on October 21st, Baggett (right) wrote
Dear CTS Participants,
After months of work and effort to restructure CTS, we have come up with an innovative solution to resolve the many outstanding issues. The foremost issue is: who is going to lead CTS into the future.
(Ozedit: I thought the foremost issue was nobody was getting paid?)
The answer may surprise you. Because we have decided to turn leadership and ownership over to, Make Your Future – the company that invented the trading systems that CTS has promoted.
Make Your Future (MYF) is now the owner of Changes Trading Systems (CTS) Marketing and will lead CTS into the future. I will step down as the owner and CEO of Changes Trading System, and MYF will assume direction and control on November 1st, 2014.
The name of Changes Trading System (CTS) will continue to be used for marketing and training purposes but Make Your Future will be the owner of Changes Trading Systems.
I apologize for the problems of the past and know that this change of leadership and direction will be a benefit to the most important people – the trading client, and the sales Agent. It has been an honor to serve you and I wish you all the very best.
I will no longer be involved in the leadership or ownership of CTS, nor will I have a position of leadership or ownership in Make Your Future.
I would hope that you will give this change in direction a chance to prove that the “system” is the most amazing futures trading system in the world, and that Agents will earn, and be paid commissions in a timely manner from the sale of Make Your Future / CTS products.
You will be contacted in the near future by Make Your Future / CTS, and they will answer your questions and concerns and help you to go forward.
Tim Baggett
Baggett launched Changes Trading as Changes Worldwide back in late 2013. The company initially accepted $25,000 investments from affiliates on the promise of >100% 90 day ROIs, however this later morphed into Changes Trading.
How much money Changes Worldwide took in from investors is unknown, ditto the amount Baggett skimmed off the top since the company’s launch.
What appeared to be the case now though is that he was doing a runner. Or so it seemed.
Make Your Future operate a “day trading futures” platform and was formerly owned by Kimball Parker.
Around mid-September Parker held a conference call for Make Your Future clients.
During the call Parker (right) announced a Make Your Future merger that was to become effective as of September 18th:
Hi, this is Kimball Parker, the originator and founder of Make Your Future.
December will mark the end of our fifth year in business as Make Your Future.
As most of you know, we formed an alliance with a company just six months ago or eight months ago I should say. This company is Changes Trading Systems, which is a division of Changes Worldwide.
Changes Trading Systems has been our primary marketing arm since January of this year, 2014, and Mr. Tim Baggett … approached me with an offer to actually buy Make Your Future.
I considered it but really didn’t take it too seriously.
Several weeks ago we were able to go on a fishing trip with Tim and Rob Skinner, who is the Master Distributor … and Tim reiterated his interest in buying Make Your Future.
As most of you know my primary goal has been to share this with as many people as I can share it with. And most of the growth has been in what we would call a “linear fashion”, meaning that people recruit a friend and a friend recruits a friend… and the growth has been fairly slow but consistent.
We’ve been happy to watch our numbers grow over the past seven years, but we have people drop out and people come in. And with the network marketing aspect of Changes Worldwide, I was intrigued with the opportunity that we may have to increase our recruiting numbers exponentially.
And as I’ve watched Changes Trading Systems grow over the last eight months, it’s been encouraging for me to see to see that their growth is exponential.
With the offer that I couldn’t refuse from Tim, I finally relented and decided to sell Tim the business.
I guess that explains where some of the money that wasn’t being paid to Changes Trading affiliates wound up. How much Changes Worldwide funds Baggett paid Parker for Make Your Future.
What is clear though is that he bought the company. Shortly thereafter Baggett “removed” himself from Changes Trading Systems and claimed to have no “position of leadership or ownership in Make Your Future.”
So how do you purchase a company and then the next month claim to have no ownership in said company?
At the time of publication there is no indication on the Make Your Future website that the deal with Baggett fell through, or that he went on to sell the company to someone else.
Indeed Kimball Parker states that the deal has already gone through. He “sold” the business to Tim Baggett in September. Baggett’s “I have no ownership in Make Your Future” email is dated late October.
So what’s going on here?
Baggett raises money from affiliates through Changes Worldwide and Changes Trading, stops paying affiliates, uses money raised to purchase another company, then claims the company he just purchased bought his old company – and at the same time denies ownership in the company he just purchased?
Huh?
Whether or not Changes Trading affiliates will receive commissions on a regular basis remains to be seen. Meanwhile why Baggett is attempting to disappear into the shadows despite still appearing to own his company by proxy remains a mystery.
IMHO, without any more data, they sold their shares to some shell “holding company” which they then control through a proxy. So they can then just blame each other if anything failed.
It’s gonna be Craddock sues whoever all over again.
Craddock is in on the whole thing. Hopefully someone with some kind of authority will lock up Baggett and get the affiliates and others the money he owes them.
Baggett has his nest egg somewhere, not even the dumbest can burn thru that much cash in that short amount of time.
Sell that new building baggett just bought 2 weeks before folding, sell a few of the houses he purchased with his ponzi money and pay back those that deserve it.
Does anyone have corporate filings on any of these companies? i would think that if Kimball Parker sold his company, there would be a record of the sale, and if in fact he did sell to Tim Baggett as it appears, that will give the affiliates free reign to go after any funds that Kimball Parker received as illegal transfers.
Ditto the new corporate offices Changes plastered pictures of all over their FB pages, and all of those properties Tim Baggett was rumored to have been buying in the last months… all fair game.
Now the question is what will Tim Baggett do with the dead shells of the companies he has pillaged?
I sure hope he doesnt try to just ride off into the sunset, or bankrupt the companies…seeing as that worked so well for TelexFREE… next up will be a picture of Tim Baggett wearing one of those orange jump suits he was so deathly afraid of.
“Some Guy”… do you have any more information about properties Tim Baggett was supposedly purchasing? I heard rumors from insiders that Baggett was buying houses in and around Lakeland, FL at a rate of 1-2 a week but i dont have any concrete evidence of that..
I do not believe that Baggett had any real resources prior to starting Changes, so one must assume that the funds came from Changes affiliates…
When the feds finally come for Tim Baggett, we will all find out that he is the slum lord of Lakeland Florida, and the affiliates are the ones who funded it…
well , he is GOOD christian and family man , and that should excuse him !
yup , i bet Jesus was buying up property all over jerusalem .
changeshangout.com/tim-baggett/
Tim Baggett raised fund by showing his registered security with SEC. SEC will be on his back very soon.
No, I head that from a few insiders as well
This just in from the geniuses that continue to run/took over this Changes Trading Deal. An email asking their customers who they are and who referred them. WTF?
I mean if you haven’t figured this out yet its a SCAM! Stay away!
Sounds like they adopted the Zeek Rewards level of bookkeeping, ie. none.
Ponzi schemes don’t need to track customers, just which affiliates are owed how much of a ROI.
Well Oz, it looks like the rats have come out of the closet. Kimball Parker and Rob Skinner are the “new” owners of Changes Trading Systems, aka Changes Worldwide as announced in this corporate email dated today:
i know from my friend that Changes Worldwide,LLC was charging the fee for the software, and Changes worldwide,LLC was charging the monthly recurring charge for $250 to receive the “indicators” and the trading “signals”, and i know that Changes has charged people their $250 auto-ship for the month of October, so here are my questions:
1) where is Tm Baggett now? he previously made the well publicized pledge to repay all of the promoters for commissions due ASAP. Has anyone been paid?
Mr Baggett was certainly taking it in, so once again, Im asking where did it go?
Are Kimball Parker and Rob Skinner now collecting those funds? Since they bought the company, it seems logical that they also acquired the Changes debt! so pay Tim’s debts boys…
2) How is it that Rob Skinner, the #1 Master Agent at Changes Worldwide is now CEO of MYF/CTS/? sure seems like if ever there was someone who had a knack for being in the wrong place at the right time, and coming out smelling like a rose, its rob Skinner
3) What happens when all of the promoters who are owed money start calling their AG or the Florida AG and asking about Changes Worldwide?
I for one, don think it will be long before the authorities are knocking on Mr. Parker and Mr. Skinner’s door asking to explain how it is that they came to own the only asset that Changes Worldwide seemed to own, and do they know that other creditors ( the PROMOTERS) have a right to a piece of the pie they just stole
I cant wait to hear more about their schemes…
Uh what? Parker’s company mergers with Baggett’s company and Baggett takes over, then Bagget “resigns” and puts Parker in charge of his former company, retaining ownershp through the company he bought?
Some shifty dealings going on here…
Anyone care to do the math on that? Isn’t that something like a 17,000% return after 55 months, at the minimum.
Kimball Parker claims to have 50+ consecutive months of significant gains using near automated trading software.
He also says he’s been marketing the software, first for several years as “Make Your Future” and now as “Changes Trading.”
Yet if you search on [“Kimball Parker” “Make Your Future”] you get about 15 Google results. In fact search on [“Kimball Parker” trading] but set a custom date range from say ten years ago to January 1st 2014 and it’s a little hard to find much about Kimball and his software.
Let’s be honest, if the software did what they claim it does Kimball would have sold it, not to Timothy Baggett but to which ever global brokerage house rolled the biggest Brinks truck to his door.
And even if he claimed that he didn’t want billions (and billions) of dollars but instead wanted to help all the little guys get ahead Google wouldn’t be all but ignoring him.
But it’s sorta been confirmed, the sale to Changes fell through and he’s buying changes instead:
NOLINK://www.1myf.com/stock-vs-futures
First and foremost the “new” changestrading does not hold themselves responsible for any payments promised by the “old” company. Also Rob Skinner is the new head honcho.
I spent a little time looking into Mr. Skinner and haven’t been able to find him involved in any MLM’s prior to Zeek Rewards, despite him claiming elsewhere to have 10+ years of experience.
I believe that up to late 2009 he owned several car dealerships in Alaska and at least one in Montana.
It seems the locations in Alaska were closed rather abruptly but that looks more like him being over leveraged during an economic downturn as apposed to anything suspicious.
He seems to have applied his sales skills to BidsTheGive and BTG180 and was something of a call leader for the company. This may well be where he first met Baggett and Craddock and went on to become the “Master Distributor” for the original Changes Worldwide.
But this whole “we went out of business” sham is kinda funny. The ironic thing is Robert Craddock’s lack of “rain making” ability both doomed the scheme and ~might~ let him get away with it.
There might not be enough people pissed about the money they lost to attract official attention. But the original “Master Distributor” and the guy who helped Baggett and Craddock build the old company is running the “new” one.
Until I see Craddock suing/being sued by Skinner or Parker I wont believe he isn’t still behind the scenes.
let’s be honest, if kimball parker has the worlds greatest trading software in his possession , he would be wealthy enough, not to get into shady deals with the likes of baggett and skinner.
i have a terrible feeling that kimball parker is being well and truly ‘played’ by baggett. baggett has wined and dined him over the last 6 months, and parker’s gone a bit ‘silly in the head ‘. fallout in 3…2….1….
They keep claiming that all this stuff is patented and trade marked…BUT, the USPTO has NO references of either MYF, Parker NOR any of the items that are supposed to be being covered by patent protection. WTF???