Rocket Cash Cycler v2 Review: Hirsch reboots RCC
On the Rocket Cash Cycler v2 website, the company claims to be
owned and operated under RCC Worldwide Inc. San Pedro Belize. The RCC corporate office is located in Davao City, Philippines. The RCCv2 programmers and support team work from Mumbai India, Sønderborg Denmark, and from different parts the USA.
Named as CEO of Rocket Cash Cycler v2 (RCC2) is Tood Hirsch, who is based out of the Philippines.
In his RCC2 executive bio, Hirsch claims the company took a year to develop, costing “over $100,000”.
Prior to Rocket Cash Cycler v2, Hirsch (right) ran Rocket Cash Cycler v1 (RCC1).
A RCC1 marketing video that featured on YouTube credited a “Daniel Butts” as a co-founder of the company. Butts name never appeared on the RCC1 website and also does not appear on the RCC2 website.
Whether or not Butts is involved in RCC2 is unclear.
RCC1 was a recruitment driven scheme, charging affiliates $315 for matrix positions and paying out commissions as recruited affiliates bought additional positions in a series of matrices.
Activity in RCC1 appears to have died off in the fourth quarter of 2013, with Hirsch (initially the silent owner of RCC1) rebooting the scheme with a version 2.
Read on for a full review of the Rocket Cash Cycler v2 MLM business opportunity.
The Rocket Cash Cycler v2 Product Line
Rocket Cash Cycler v2 has no retailable products or services. As per the RCC2 FAQ, affiliates purchase positions in the company:
How many positions can I buy in RCCv2?
ONLY (1) EVER! Do not purchase more than one position it is not allowed nor ever necessary.
Each position in the RCC2 compensation plan costs $499. Bundled with each position are a series of online marketing tools and access to ebook, audiobook and video libraries.
The Rocket Cash Cycler v2 Compensation Plan
The Rocket Cash Cycler v2 compensation plan revolves around affiliates purchasing matrix positions. RCC2 affiliates are paid when enough new matrix positions have been purchased after their position, with the company also paying affiliates directly on the recruitment of new RCC2 affiliates.
Matrix Commissions
Matrix commissions in RCC2 revolve around affiliates purchasing positions in a series of matrices.
The first matrix is called the “Apprentice Board”, with positions in the matrix costing $499 each.
The Apprentice Board is a 2×3 matrix, starting off with two positions on level 1, four positions on level 2 and then eight positions on level 3:
Commissions are paid out once all positions in the matrix are filled (via recruited affiliates purchasing positions). The Apprentice Board pays out $600 when full, with the position then cycling out into the “CEO Board”.
The CEO Board is a 2×2 matrix (as above, minus the third level), and operates in the same manner as the Apprentice Board. Once all six positions are filled, the position at the top of a CEO Board pays out $7000.
RCC2 affiliates can either cash out their $7000 and be reinserted back into a new CEO Board, or they can opt to pay $3000 and be entered into a third 2×1 matrix (two positions to fill). This third unnamed matrix pays out $6000 when both positions are filled.
Recruitment Commissions
Rocket Cash Cycler v2 affiliates are paid directly on the recruitment of new affiliates.
RCC2 affiliates earn $50 on every odd-numbered affiliate they personally recruit. Every even-numbered affiliate they recruit pays $25, with the other $25 going to the affiliate who recruited them.
Joining Rocket Cash Cycler v2
Affiliate membership to Rocket Cash Cycler v2 is $499.
Conclusion
Buy 1 position, build wide and help your downline duplicate.
The above is taken from the Rocket Cash Cycler v2 compensation plan material, and essentially sums up the opportunity. Pay $499, recruit as many new affiliates as you can and then get them to do the same.
The main difference between RCC1 and RCC2 is the addition of a third matrix and recruitment commissions. The products and services bundled with affiliate membership are pretty much the same (some of the offerings such as xSky and the libraries have simply been recycled from RCC1).
Oh and Hirsch has upped the participation cost to $499 over RCC1’s $315 position cost.
Given the broad similarities between RCC1 and RCC2, you’re probably wondering why Hirsch has rebooted the Rocket Cash Cycler brand.
Here’s why:
As you can see above, interest in RCC1 began in early 2013, peaked mid year and then went into steady decline. Given that RCC1 commissions hinged on the constant recruitment of new affiliates, the decline in site traffic translates over into recruitment slowing down or stalling altogether.
Enter Rocket Cash Cycler v2.
RCC2 is essentially a reload scheme, rebooting RCC1 with the intention of enticing those at the bottom of the RCC1 to fork over another $499 on the promise of being at the top of a new scheme.
This of course is also pegged to new affiliates signing up and purchasing $499 positions after them. From RCC1 we can see that the scheme lasted all of approximately 6 months before dying off. Typically reload schemes last even shorter than their predecessors (“fool me once, fool me twice”), so make of that what you will.
Bottom line? With nothing being sold to retail customers and all commissions revolving around the recruitment of new affiliates, Rocket Cash Cycler v2 fits the definition of a pyramid scheme. If recruitment slows down, just like RCC1 so too will RCC2 stall and then eventually collapse.
Maybe he can explain how he’s complying with DTI Administrative Order No. 8
http://kschang.blogspot.com/2011/02/tvi-express-is-illegal-under-filipino.html
Stay away from Todd Hirsch or pay the price with empty pockets! I would never go near anything that has to do with Todd Hirsch…
“Been there, done that”!
I was able to get money back from Todd’s failed ‘Pay Us Forward’ fiasco… but that was a very small amount that Todd refunded me due to promises he couldn’t keep… unlike others who lost thousands and never received a dime!
AS a RCCV1 affiliate I don’t think Rocket Cash Cycler was or is a pyramid scheme. I have been in several marketing opportunities and they ALL required recruitment and ALL had an autoship charge anywhere from $100.00 to $200.00 monthly!!!
RCCV1 has a ONE time cost of $315.00 with
NO membership fees
NO Autoship
Has a Success Library Valued $1700.00
Skype Ninja Tools Valued $300.00
In conclusion I think RCCV1 had a lot of value and still does.
Based on what? Clearly not its recruitment-driven business model and compensation plan.
Sounds like you know how to pick your pyramid schemes then.
Here is a link to what I think a pyramid scheme is and isn’t.
(Ozedit: Please don’t spam the comments with marketing videos)
What you think a pyramid scheme is, is irrelevant. If you’re paid to recruit in MLM, you’re in a pyramid scheme. Pure and simple.
Leave the marketing theatrics on Facebook place.
And here’s what the us Securities and Exchange Commission KNOWS and doesn’t need to “think about” what constitutes a pyramid scheme
Who to believe, who to believe
the fraudsters, an anonymous blog poster or the SEC ??
What you think it is or isn’t is irrelevant.
What the LAW says is relevant.
In the Phillipines, that would be the DTI Order 8 I quoted in the first comment.
In the US, you use the “Koscot Test” instead.
The fact you’ve been trying to substitute your own definition for pyramid scheme indicates that you’ve been taught by a very VERY bad teacher who is not interested in the TRUTH.
Adam Savage of Mythbusters was joking when he quipped “I reject your reality and substitute my own”, but you apparently took his quip seriously, by substituting real law with your “understanding”.
Please go fix your understanding soon. Else, you’ll hit a wall you insist wasn’t there.
Well well.. it did not take Mr. MLM hater long to make a false review of RCCv2….
(Ozedit: Offtopic derail attempt removed)
First of all, you can never call RCCv2 a “ponzi” or a pyramid scheme”
The reason it is not a “ponzi” should be obvious, we are not an “investment” opportunity and we do not just move money around from investor to investor. We never say our opportunity is an investment and we never promise a return.
We sell products that we own the rights to and we offer an optional business opportunity also. PERIOD.
Our products are also sold out side of RCCv2 and are REAL value. People can even just be affiliate marketers of just our products.
It is not a “pyramid scheme” because it does not matter when you join, you start at the BOTTOM of the matrix and you work your way up in a team environment. Someone can come in months later than someone else and still earn way more than the “first ones in” so wrong again.
The reason that RCCv1 has a low Alexa score is because we changed the domain from the first name to RCCv1 and it is messing up the score, and that don’t bother me, we still have on average over 50 people a day joining v1. RCCv1 has paid out about $6 million USD to the hard working members in 14 months. We have low refund requests and nobody is giving us bad press except this crazy mlm hating site.
If you knew how many people we have provided real value to and how many lives we have changed for the better then you would stop this negative nonsense.
I am on calls with people crying because they are so happy they earned enough money to save their house with RCC. There are people that have never made a dime in MLM doing well with RCC. There are ZERO “victims” in RCC. If someone joins and don’t like the products and asks for a refund I GIVE IT TO THEM. Where are the victims? There are none!
Yes it takes work to earn big in RCC, we tell the members that! If they don’t want to build a sales team then they just enjoy the products. RCC is REAL Network Marketing with REAL products. No we are not Amway but we are REAL MLM.
About Daniel Butts, he was part owner of RCCv1 and then he went on his own to make http://www.Adexperts.com maybe you can review it if you have not already. Mr. Butts has nothing to do with RCCv2 but he used to be a part owner of RCCv1.
I hope that clears up some points. No reason to keep going back and forth, either you like mlm or you don’t and you work hard or you don’t. One thing you can never call my program is a “scam” it is all explained in black in white and we give people a real way to earn money online though sales and team building. We sell products first and just provide an optional work for yourself business opportunity that pays extremely well if you work hard.
It is that simple.
What you do outside of RCC2 is irrelevant.
What?
You pay on the recruitment of new affiliates and offer nothing at a retail level within the opportunity. When they join is neither here nor there.
Riiiiiiiiight. RCCv1.com has an Alexa rank of over 1 million. Cut the crap.
It’s quite simple Todd, RCC2 is a pyramid scheme that relies on constant recruitment of new affiliates to generate revenue and commissions. RCC1 stalled and now you’re trying to reboot it.
Methinks it’s about time we started referring to Todd Hirschs’ latest scheme as an “endless chain recruiting scheme” thereby eliminating his obvious attempts to divert attention away from the bleedin’ obvious.
Interesting Mr. Hirsch managed to duck the question regarding Filipino law, namely DTI General order 8…
I did not “duck” your ignorant question. If you fully read the DTI you would understand that my company is 100% in compliance. @ Mr. Chang
Sounds luck he ducked it again?
Well, hush my mouth and call me cornpone.
Todd Hirsch ducking a question ???
Nah, never happen.
Pillar of the MLM community, him.
Straight as a dogs’ hind leg
Is that you or your lawyer speaking?
Frankly, if Philippines shut down TVI Express (eventually) I don’t see how you can call yourself “compliant”.
But you’re operating globally. How are you complying with California’s “Endless Chain” commercial code?
Sure you did. I asked “how”. You answered “how much”. Non-sequitur.
It reminds me of Computer Manufacturer’s ads of 5-10 years ago telling that their computers are more than worth their price-tags because they had $2000 software package. In reality “software package” was free Office, Corel and Photoshop trial software, besides bunch of junk games nobody heard off.
Bravo Todd Hirsch. Whatever they say we are happy, we are minting dollars.
Been in many opportunities, monthly activations are like hell fire, but with RCC just a one time payment and working smart to build a team. Maybe those who are claiming RCC is a pyramid should let us know how a pyramid really works.
According to my opinion in a pyramid the guy at the top is always at the top as it is with employment. The boss has his boss and so on. However much profit you make for your company when employed you will never get a salary more than your boss..never! With RCC no work no progress just like in any other MLM company. You must create a network. So guys join us and you will be happy.
Don’t shout from the ring side, get into the ring and feel the real dollar punches.
@Julius
Your opinion? Being a pyramid scheme isn’t a matter of opinion, if you’re not selling something to retail customers, or if you are and the majority of revenue is still derived from participants in the income opportunity (directly or indirectly getting paid on recruitment), you’re in a pyramid scheme.
Yes Hirsch doesn’t strike as somebody who is too fussed about running pyramid scheme scams. Thus I’m hardly surprised those are the types of people attracted to his businesses.
No you’re not. You’re selling a meme that nobody would touch if they saw through the facade.
Only the US government can mint dollars. You’re just taking it from sheeple.
As someone with 32 years of experience in the network marketing industry, over half that time spent in the area of regulatory compliance working with 2 well known MLM industry attorneys (one a prominent former state Attorney General who was well known for shutting down illegal pyramid schemes), here’s my thoughts:
@Julius-”minting dollars” is irrelevant as to whether the program would be considered a legitimate network marketing opportunity or an illegal pyramid scheme. A lot of people were “minting dollars” in Zeek Rewards recently, and look what happened there! (Shut down by SEC in cooperation with a number of other U.S. agencies for being an illegal pyramid scheme.)
Furthermore, corporate officials and reps who are deemed to be “net winners” when a company is shut down for being an illegal pyramid scheme are subject to “clawbacks,” meaning you’ll be required to give back the amount of money the Court appointed Receiver determines you received in excess of the amount of money you spent. So, I wouldn’t go spending all that money you’re “minting!”
Second, regulators like to see some minimal monthly performance requirements (“triggers”)as a justification for you receiving commissions and bonuses on people below you, especially people you don’t know, hence the reason for monthly personal volume requirements and other criteria, which it sounds like you are complaining about.
Third, you are mistaken in your understanding of what an illegal pyramid scheme is. There are a number of criteria that requlators look at when evaluating a company and determining it to be a pyramid scheme. Here is an analysis of TelexFree International that you might want to review (the same legal criteria would apply to Rocket Cash Cycler): telexfreereport.the6parameters.com
Fourth, while I do not know Oz and Chang personally, they are most often correct in their reviews and analysis.
Fifth, programs that have a one time cost of entry, especially when the product is not retailable to the general public and/or a small amount of sales are being made to non-business participants, can NOT sustain themselves without bringing in new business participants!
Sixth, programs with 2×2 and 2×3 recyclers are considered gimmicky by regulators and most often associated with money games!
Seventh, historically I’m not aware of a single recycler deal that has ever lasted long term! You certainly can’t find one on the Direct Selling News list of top 100 MLM companies based on yearly sales!
Eighth, historically programs without either auto-ship or monthly minimum performance/volume requirements usually don’t survive long term.
Ninth, any program with “boards” that you move through is automatically deemed to be an illegal pyramid scheme by regulators. They are identical in nature to the “airplane rides” of the 1980′s where people bought positions and worked their way up through various titles in the scheme based on the number of people they recruited.
Tenth, the fact that you have to wait until all the spots are filled up before getting paid should be a huge red flag, and makes such a program a target for illegal pyramiding charges! The money to pay out isn’t coming from the sale of product packages to non-business participants, it’s coming from the new people coming in with $499, hence the reason for having to wait to cycle through until you get paid.
Eleventh: Any program that is new or fairly young, and claims to be “global” or operate in a number of foreign countries, is almost always illegally operating in every country they claim they’re in!
Have you done the regulatory compliance work needed to legally operate in a number of foreign countries? (Business registrations, licenses, have a physical presence, i.e., a company owned office or distribution point, a company bank account in that particular country, authorized company representative living in that country, posted any appropriate bonds, etc., that a number of countries require in order for you to legally operate in that country?)
Please don’t tell me you don’t have to because you’re headquartered in the Philippines! If you have people promoting your opportunity in a particular country, doing meetings, recruiting people, taking their money (and that money leaves the country), and you are sending money into the country in the form of commissions and bonuses, then you are operating as a network marketing company in that country! Where a company is based is IRRELEVANT!
I seriously doubt that you have done all of the regulatory compliance work needed to operate in a number of foreign countries! Not doing so AUTOMATICALLY means you are classified as an illegal pyramid scheme by the regulators, even if you were otherwise a legitimate program!
So, just because one has a product or a service, and just because a company pays people and has people making money, doesn’t exempt it from being charged as an illegal pyramid scheme for any number of reasons.
In fact, speaking of products/services, they’ll also not only look at is there an emphasis on selling the product/service to the general public and how much of the product/service is being sold to non-business participants, but whether they have “inherent value” or whether or not they have intrinsic value primarily to business participants only…as well as looking at the legitimate value of what is being sold and whether or not it is overpriced and simply being used merely as a means to create the appearance of legitimacy and to create bigger incomes.
Regulators have always had issues with software packages and digital products when it comes to their pricing and value! If you took away the opportunity to make money, would the general public still spend $499 on your package? I seriously doubt it!
Finally, twelth, new companies have a failure rate of 99% within the first 5 years.
So, there’s 12 good reasons why I wouldn’t get involved, and why I would not recommend Rocket Cash Cycler to anyone! Regulators in a number of countries would consider it to be an illegal pyramid scheme for a number of reasons.
Finally, here’s a few questions for Mr. Hirsch:
1) On your $499 package, what percentage is being sold to business participants and what percentage is being sold to customers (non-business participants)? This becomes more problematic in programs where there is a one time purchase-in traditional product driven programs, internal consumption is less of an issue.
2) What is your customer to distributor ratio?
3) On the commissions being paid out, what is the percentage of income being earned from recruiting vs. sales to non-business participants (customers)? Once again, this becomes more problematic for a company that has a one time sale and no repeat orders.
4) Of the revenue coming in to your company, how much of it is coming from the sale of the $499 packages to business participants vs. the sale of $499 packages to customers (non-business participants?)
5) What is the retail profit when a rep sells a $499 package to a customer i.e., non-business participant? How much do they earn when they sell a $499 package to a business participant?
6) What are the minimal performance requirements in order to get paid? (Do reps have to have a certain number of customers(non-business participants)each month? Do they have to have a certain number of “active” personally enrolled reps each month? In other words, what are the “triggers” for getting paid commissions and bonuses? Or, do they simply get paid when their “board” or matrix fills up?
Traditional MLM programs that involve a product/service that has mass market appeal, legitimate value, has repeat business, and that have monthly minimum performance requirements in order for distributors to earn commissions and bonuses are far easier to achieve regulatory compliance than programs with a one time cost of entry,where the perceived value is questionable, have no repeat business each month and no minimum monthly performance or qualification requirements in order to earn income.
As someone with an extensive background in regulatory compliance, and who has knowledge of and experience in dealing with regulatory agencies, and who knows what they look at when evaluating companies and opportunities, I don’t see how they would consider Rocket Cash Cycler to be anything more than a $499 money game/illegal pyramid scheme.
I just wish to thank Mr. Stewart for his post and would like to encourage him to contribute here anytime he feels motivated to.
Well I wish I had seen this post way back in September 2013. I would have been warned because Yes You are Right John RCC has bombed big time. It hasn’t paid for months since June 2014.
Todd Hirsch is a nasty piece of work, a bully and a consummate Liar. He works with a woman called Lorrie Trotter who is RCC admin, she is something else. She comes across as all nice & supportive until you really push for something then the beast in her appears.
They have a Skype Chatroom where Only nice things must be said or You get the Boot. Lorrie Trotter Is a Liar Per excellence.
Members of RCCv1 the first cycler & RCCV2 the second one havent been paid since June & Yes believe it or not Yet again Some Hackers from Was it Jordan, or maybe Nigeria, or was it Hawaii, maybe Sweden…you get the picture…!
Well allegedly RCC was hacked and over $100k was stolen using “200 fake e-pins”…so why doesnt he tighten security…methinks its his pat down excuse rinsed & regurgitated whenever he chooses!
At first that was the excuse Todd & His sidekick Lorrie used for the delay in payment back in June 2014. Then lo & behold Another Processor this time VXGateway allegedly has ben holding his money and now VX have apparently released said moneys. BUT Yup you guesses it Todd isnt paying although he claims he has made almost all payments.
Some poor woman recruited over 200 reps in RCCv2 and shwne she tried to raise her concerns for her, Todd told her Listen to this ” You are Not important” …Wow! and just yesterday she was booted out of the Skype Chatroom for stating the obvious.
Her sin was that she questioned why Todd & Lorrie are now using people’s details from RCC to promote his New SCAM “BitCoin Cycler” why not pay off the RCC people and then move on in peace.
Todd hasnt paid people for months, he changed the comp plan for RCC so that less n less people get paid, and even those that had worked hard for months found themselves loosing money as he pulled the rug from under them saying if you have cycled then you dont get to earn the $7k again unless you start from scratch…what!
People Watch out for Todd Hirsch & Lorrie Trotter. Both are Scam artists DONT JOIN BITCOINCYCLER yo will loose your money like Lanett. Todd is a scam artist & soon it will all catch up with him. what goes round comes round Todd Hirsh.
I paid to join this program and although I did not make a red cent – I would appreciate still being able to least use the software which I am unable to access…
Please advise me how to get the links to still be able to use the software asap and thanks in advance…Thanks in advance.. cheers.
Hirsch only cares that you put money into his latest scheme and he launched SEVERAL since. You’re unlikely to get any support from him.
LOL looking at this in 2019, hey Hirsch how’s that RCC garbage working out for ya? Still on the run?
Actually, he’s dead – https://behindmlm.com/mlm-reviews/crypto15-review-todd-hirsch-out-of-jail-straight-back-to-scamming/#comment-401399