MyCity Inc. - MtCityToronto.com, Bill Vassikolopoulos & Nick Giannantonio MiCity mislead staff to contact clients to renew and pay for 2-3 years old directory ads from businesses that had never advertised Toronto Ontario

Advertisers and Local community businesses Beware.

MyCity Inc. / MyCityToronto.com, MyCityVaughan.com, MycityBrampton.com, MyCityMississauga.com, MyCityMarkham.com, formerly MyCity Designs and soon to be carrying on business as MyCityInfoSource.com

This is the MyCity Inc. mother ship network of 5 cities they started with.
This uniquely designed web site has captured many new visitors simply because of its design. The webmaster undoubtedly created something really cool and his concept convinced many wise and intelligent business people all over the map and from every type of industry, of its huge potential and the to good to be true revenues that could be generated off this site.

Not only in the initial group 5 cities of Toronto, but also with the enormous possibilities nationally, and internationally. The numbers blew people away and the plan seemed to finally start heading in the right direction. But not without the past coming back to haunt them and the lies they had been telling everyone in order to keep people interested and the business going.

Initially I got involved on a consulting basis to assist them in obtaining the financing required to make it all work. As time passed I was appointed the position of Executive Director for International Development. They wanted me to manage operations and build their badly needed infrastructure, along with a team of seasoned sales professionals to go out and sell small businesses and corporate companies their ad space.

For a set fee on a salary basis I accepted, but only when I was guaranteed that the revenues from their client base on renewals was for sure. Otherwise these individuals did not have the revenues coming in to support themselves, never mind a team of professionals. They didn't have the paperwork to back their claims in order to approach any financial institutions and I tried to explain to them that without the revenues to repay lenders no one would even look at them unless they were willing to take in investors for a good portion of shares. So I ended up doing both for them and soon after came to learn that the so called renewals were all lies.

Nick Giannantonio their VP at the time assured me that there would be at least 180 advertising clients on the web site that we would be able to renew without problems because they were on auto renewal. All that would have to be done was to contact them to notify them of their ad being up for renewal and that they would be required to send payment for their ad. So we set up a small team to commence contacting the businesses listed and advertising on the site. I asked Nick for the contracts and instead he supplied me a printed list of clients for the City of Toronto.

It didn't take long before we started to realize that the so called clients on the system, when contacted did not ever recall booking an ad with MyCityToronto.com and we found that the information as far as telephone numbers and addresses were wrong. Any of the ones that were correct had the same responses, other than a few that were personal friends that had received their ads for free. Some Clients on the MyCityVaughan.com site had paid for their ads but were very unhappy. I took it upon myself to go out and visit these clients in Vaughan with my wife whom was assisting me that day and to have someone along as a witness.

A few of these clients literally told us where to go and a couple described their experience with the previous sales man for MiCity Designs as someone who took their money and ran. Never to be seen or herd from again like a hor. We were some what embarrassed and spent most of the day apologizing.
Never the less we managed to get 2 out of 10 clients to sign back up and assured them that we would personally handle their account, that the company was now under new management and things would be a lot different.

Buy now I was bumping heads with Nick and demanding from him the contracts for all the clients on the system, as we refused to contact anyone else until he produced them. No such contracts ever materialized. These people literally used us to contact clients on their system that they knew full well that they had posted the better majority of them on the web site just to fill it with content, without ever having sold them the ad space or even had permission from them to use their company logos and info. Is this even legal?

Their CEO Bill Vassikolopoulos was hardly ever in the office to deal with these issues and would lock himself in his basement for days and weeks on end, only to surface when things were a bit much to deal with. They used me and all the other good people we brought on board for sales, training, and the new Editorial division MyCityEditorials.com, which was built by Ms. Mia Fatrdla on a promise of a weekly salary plus bonuses and shares. He appointed her as his exclusive Editor in Chief. Fresh out of university Mia had landed the position of her dreams and was looking forward to launching her career. They all worked long and hard to the benefit of MyCity Inc. Only to be left on the street broke with no where to go.

Nobody has since Christmas been paid by neither MyCity Inc. nor have they complied with any of the normal employer practices required with employees.
They have reneged on all their commitments and do not reply to any requests for anything due to the staff that worked there. Mr. Bill Vassikolopoulos continues to hide in his basement and has sent us an e-mail of a bogus letter from a lawyer that has never called us back.

So what do we do from here? Has anyone any suggestions, because these people have left us flat out dry and we really need help from a lawyer to possible take on this case. We have all the documentation to back our claims, but can only offer to pay a percentage from the total we obtain through the courts. Monies owed are not only for salaries but also for consulting and licensing earned. Also from revenues they are earning off all our intellectual properties attached to their web site in Canada and soon to be North American network.

We estimate they are going to lift 200 plus domains in the USA and Canada.
Information from a very reliable source tells us that they have struck a deal with some new investors to the tone of $900,000.00 and have already received $200,000.00 of it without paying anyone they owe money to.

They conveniently shut down their offices at 557 Dixon Rd. in Toronto at Christmas when no one would notice. But their web site info still shows that address as their head office with their sign still up at that location.




J. denaro
Hamilton, Ontario
Canada