Arriving hot on the heels of Zeek Rewards’ announcement that they were making some major adjustments to the passive investment side of their business opportunity, today the company dropped its 2011 Income Disclosure Statement. Spanning late January 2011 when Zeek Rewards launched till December 31st, the 2011 Zeek Rewards Income Disclosure Statement is certainly eyebrow [...]
Despite all the talk about compliance and reassurances that Zeek Rewards is not an investment scheme, at the end of the day members could purchase VIP bids, give these bids back to the company (effectively serving as an investment) and receive a 90 day return on their points (the investment). This happened regardless of whether [...]
Having lost their money and closely following the court action Speak Asia has been involved with in India, it’s easy for the company’s panelists to get caught up in a localised bubble. Observers of the Speak Asia scam have known for a while now though that Speak Asia was merely one piece of a larger [...]
The usual deal with the MLM investment opportunities that have been popping up all over the place of late is that marketing is left up to company members. Seeking to combine the required marketing aspect of a MLM investment scheme (no new members investments = no ROIs), Max Market Pro combines replicated capture pages and [...]
Penny auctions have been around since 2005 but it was only last year that Zeek Rewards burst onto the scene combing the auction model with a MLM compensation plan. Operating largely as an investment scheme, the company allows members to invest money via the “purchase” of VIP bids, give the bids back to the company [...]
My biggest criticism of the travel niche when it comes to MLM business opportunities is that 99.9% of the time membership to the company is being marketed rather than any actual travel. Commissions are typically paid out when someone joins the company with only the company itself making any commission if travel is booked once [...]
One would think when deciding whether or not to join a company, specifically if said company is a business opportunity, that those considering would be out there digesting every last bit of information they can find. That way when the time comes they know that they’re making as informed decision as possible. Yet it still [...]
Cash Share Kingdom was a Ponzi scheme that launched in late 2010 and went bust shortly thereafter. Having lay low since then, it appears the owner(s) of Cash Share Kingdom are back with another scheme, this time promising a 200% return in just 50 days. Read on for a full review of the Profit Doubler [...]
BioCell collagen is a nutraceutical ingredient freely available from BioCell Technology. Combining BioCell collagen with some other ingredients to make a juice, bottling it and attaching a MLM compensation plan is Jusuru. Read on for a full review of the Jusuru business opportunity.
The fundamental problem with recruitment driven matrix scams is that once the new recruits dry up, the commissions stop and the entire business comes grinding to a halt. Matrices stop filling with new members, existing members stop cycling out and before you know it the owners have abandoned ship and domain names are simply left [...]