Connecticut Man Trades Edge Fitness Points For Stock Options


CT –

Joe Powell, 22, of Seymour Connecticut acquired over ten million points at the Edge fitness center in Hamden (approximately $250,000 worth of Edge fitness shakes.)

He achieved this through a legal glitch in the Edge rewards system. Contractually the Edge is obligated to reimburse him through their rewards for all his points. With ten million points he threatened to purchase 50,000 shakes which would ultimately pose a huge financial burden on the company. Edge CEO John Rappaport spoke about the issue “We realize that the glitch was legal and fair game. Instead of shakes or fitness consultations, we are offering Joe valuable stock options in the company.”

Joe is considering the offer with his lawyer.

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