There is no information on the Adveshares website indicating who owns or runs the business.
The company domain (‘adveshares.com’) was registered on the 3rd July 2012, however the domain registration information is set to private.
Adveshare’s Facebook page lists a virtual office address in Los Angeles, California, however no mention of this address appears on the actual Adveshares website.
As always, if a MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
The Adveshares Product Line
Adveshares has no retailable products or services. Instead, members join Adveshares and then make investments with the company, which they then earn a ROI on.
Bundled with each investment are a series of advertising credits, which can be used to advertise on the Adveshares website itself.
The Adveshares Compensation Plan
Adveshares allow members to make investments with the company in $13 amounts. Once invested, Adveshares “guarantee” a 150% ROI paid out over 60 days.
After maturing, 30% of the ROI paid out on investments must be re-invested back into the scheme.
Referral commissions are also able to be earnt, with Adveshares using a unilevel compensation structure that pays out 8 levels deep.
A unilevel compensation structure places an affiliate at the top with every personally recruited member placed directly under them (level 1). In turn, if any level 1 members recruit new members of their own these new members are placed on level 2 and so on and so forth.
Using this structure, Adveshares pay out a percentage commission on any new investments made by members. How much of a percentage paid out depends on what unilevel level a member falls on:
- Level 1 – 7%
- Level 2 – 5%
- Level 3 – 3%
- Levels 4 to 8 – 2%
Membership to Adveshares is free, however members must make an investment with the company if they wish to earn anything.
Free members can earn referral commissions by convincing new members to invest, however if they wish to withdraw anything they must first make an investment themselves (with ROIs paid out subject to the 70/30 re-investment rule).
With no retailable products or services, a guaranteed 150% ROI over 60 days and all revenue sourced from member investments, Adveshares clearly fits the definition of a Ponzi scheme.
The company takes in money from members and uses it to pay out ROIs owed on existing investments. Despite a reliance on continuous new investment, Adveshares still make silly claims like
Earn PASSIVELY! NO SPONSORING REQUIRED!
Earn 15% of your investment every 6 days like clockwork for 60 days!
A unique compensation plan ever created with 0% risk GUARANTEED!
We have a unique compensation plan that will definitely SUSTAIN and guarantees 100% Earnings!
And on the topic of sustainability, far from being unique, Adveshares seem to be pegging their solving of your typical Ponzi scheme sustainability issues with their forced re-investment rule:
What makes this possible is the 70/30 rule! Why? Because 30% of your income goes to the auto repeat purchased, that what makes this program sustainable!!!
Unfortunately of course the reality is that forced reinvestment doesn’t solve Ponzi scheme sustainability, but rather simply delays it. When you’re paying out ridiculous ROIs funded by member investments, there’s only so much shuffling around of existing money you can manage before you need new money injected into the scheme.
Ironically, behind the marketing hype and claims Adveshares themselves quietly acknowledge this sustainability problem elsewhere on their website:
Is there any risk to lose my money?
NO. As long as our site are making sales.
With “sales” of course being investments made with the company, when new investments dry up the Ponzi scheme implodes.