Devour Chemical Co.
From Kook Science
Devour Chemical Co., Inc. was a cleaning supply distribution franchise company based in Alma, Arkansas, founded in the late 1960s by Otis D. Powell, Jr., which operated under a pyramid scheme model similar to more well-known outfits like Bestline Products. As with the businesses that inspired it, Devour Chemical was eventually shut down by Federal Trade Commission (FTC)[1][2] and state-level actions.
Devour Chemical product line
- Glasshine
- All Purpose Cleaner
- Ruff & Tuff
- Carpet Shampoo
- Poodle Kleaner
References
- ↑ "PYRAMID MARKETING PLAN SUBJECT TO FTC ORDER AGAINST ARKANSAS FIRM", Federal Trade Commission News Summary (FTC) (17): 437, August 1972, https://books.google.com/books?id=xgKjPXKPkDcC&pg=PP437, "The complaint alleges that the marketing program used by the firm contemplates a virtually endless recruiting of participants and that the program violates Secton 5 of the FTC Act because it 'is organized and operated in such a manner that the realization of profit by any participant contemplates, and is necessarily predicated upon, the exploitation of others who have virtually no chance of receiving a return on their investment and who have been induced to participate by misrepresentations as to potential earnings.""
- ↑ FTC vs. DEVOUR CHEMICAL CO., INC., ET AL. Docket C-2294. Complaint, Oct. 2, 1972 — Decision, Oct. 2, 1972., https://books.google.com/books?id=HlWJ1jNTIBAC&pg=PA551