Nexxus University Review: A certified cryptocurrency course?
Nexxus University was born out of the ashes of GCR Marketing.
Launched originally as Global Coin Reserve back in 2014, the initial business model was an out-and-out matrix-based pyramid scheme.
Global Currency Reserve was launched a year or so later. GCR as it became known as saw affiliates pay up to $2999.95 a month and get paid when they recruited others who did the same.
Bob Wood (right) came on board and got rid of the more excessive GCR affiliate membership options.
Tied into the GCR MLM opportunity (known as GCR Marketing by this point) was GCR Coin, a cryptocurrency that never went anywhere.
GCR affiliates were supposedly mining the coin through GCR, but when the time came to launch the coin in August it pretty much just collapsed.
By January 2016 the writing was on the wall, and Wood pulled the plug on GCR Marketing and abandoned GCR Coin.
Nexxus University was announced as a stand-alone MLM opportunity shortly thereafter.
It was later revealed that the GCR Coin had been hacked by the developer, with the FBI purportedly investigating the matter.
Wood also revealed the SEC had launched their own investigation, following a number of complaints filed with the regulator.
To date nothing has come of either the FBI or SEC’s investigation into GCR Marketing.
Read on for a full review of the Nexxus University MLM opportunity.
The Nexxus University Product Line
Nexxus University has no retailable products or services, with affiliates only able to market Nexxus University affiliate membership itself.
Access to the following “education courses” are provided to Nexxus University affiliates:
- The History Of Money
- The Bitcoin Solution
- Understanding Cryptocurrency
Which courses a Nexxus University affiliate has access to is determined by how much they pay in monthly affiliate fees:
- Bronze ($9.95 a month) – access to The History of Money
- Silver ($24.95 a month) and Gold ($49.95 a month) – access to The History of Money, The BitCoin Solution and Understanding Cryptocurrency
No information about who authored any of the offered courses is provided on the Nexxus University website.
Gold Nexxus University affiliates receive access to a “Cryptocurrency Fundamentals” Certification Program:
Pass your final cryptocurrency certification exam and earn the respect and recognition as a Certified Cryptocurrency Specialist with a professional Certification certificate.
The Nexxus University Compensation Plan
The Nexxus University compensation plan pays affiliates direct and residual recruitment commissions.
Nexxus University Affiliate Ranks
There are nine affiliate ranks in the Nexxus University compensation plan.
Along with their respective qualification criteria, they are as follows:
- Bronze – sign up as a Bronze affiliate or generate 10 PV a month
- Silver – sign up as a Silver affiliate or generate 25 PV a month
- Gold – sign up as a Gold affiliate or generate 50 PV a month
- Diamond – recruit and maintain at least two Gold or higher ranked affiliates
- Double Diamond – recruit and maintain at least five Diamond or higher ranked affiliates
- Triple Diamond – recruit and maintain at least seven Double Diamond or higher ranked affiliates
- Platinum – recruit and maintain at least ten Triple Diamond or higher ranked affiliates
- Double Platinum – recruit and maintain at least ten Platinum or higher ranked affiliates
- Triple Platinum – recruit and maintain at least ten Double Platinum or higher ranked affiliates
PV stands for “Personal Volume” and is sales volume generated by an affiliate’s own membership purchase or that of their recruited affiliates.
To qualify for Bronze to Gold membership without personally paying monthly membership fees, the following corresponding PV values apply:
- recruit a Bronze affiliate = 10 PV
- recruit a Silver affiliate = 25 PV
- recruit a Gold affiliate = 50 PV
This PV is generated as long as recruited affiliates continue to pay their monthly Nexxus University affiliate membership fees.
Direct Recruitment Commissions
If a Nexxus University affiliate recruits five affiliates in their first 14 days, they are paid a $10 commission.
Residual Recruitment Commissions
Nexxus University pay affiliates residual recruitment commissions through an expandable 2×4 matrix.
A 2×4 matrix places an affiliate at the top of the matrix, with two positions directly under them:
These initial two positions form the first level of the matrix, with the second level generated by splitting each of the first level positions into another two positions each (four positions).
The third level of the matrix is generated by splitting the four level 2 positions into another two positions (8 positions), and again to create the fourth and final level of the matrix (16 positions).
A complete 2×4 matrix houses thirty positions.
The expandable part of the matrix is implemented via three specific mechanics.
The first mechanic sees Silver ($24.95 a month) and Gold ($49.95 a month) affiliates paid out on an additional matrix level (2×5 and 2×6 respectively).
Note that Bronze affiliates can also achieve these ranks by recruiting new affiliates (25 PV and 50 PV a month is required respectively).
The second mechanic creates a new matrix leg when an affiliate fills up to the third level on their matrix.
The first time this happens an affiliate’s 2×4 (or 2×5 or 2×6) matrix is turned into a 3×4. The second it’s turned into a 4×4 and so on and so forth.
Basically each level on the matrix has a bunch of positions added to it, requiring additional recruitment to fill up the third level again.
The third mechanic adds additional depth to the matrix, starting at the Diamond rank:
- Diamond ranked affiliates are paid down eight levels
- Double Diamond affiliates are paid down ten levels
- Triple Diamond and higher ranked affiliates are paid down twelve levels
Positions in the matrix are filled via direct and indirect recruitment of new affiliates.
Commissions are paid at a base rate of 5% of fees paid by recruited affiliates in a matrix.
This equates to
- 50 cents for every Bronze affiliate recruited
- $1.25 for every Silver affiliate recruited and
- $2.50 for every Gold affiliate recruited
Infinity Bonus
The Infinity Bonus is a generational bonus that pays Nexxus University affiliates beyond the twelve offered matrix levels.
A generation in Nexxus University is defined when a Platinum or higher ranked affiliate is found in any matrix leg.
This first affiliate caps off the first generation, with affiliates paid 5% on the total volume of membership fees paid by affiliates in that generation.
A second Platinum or higher ranked affiliate caps off the second generation. One more Platinum or higher ranked affiliate found deeper in the leg caps off the third.
- Platinum ranked affiliates earn 5% on one generation
- Double Platinum ranked affiliates earn 10% on the first generation and 5% on the second
- Triple Platinum ranked affiliates earn 15% on the first generation, 10% on the second and 5% on the third
Note if a second or third Platinum or higher ranked affiliate is not found in a leg, the Infinity Bonus pays out the entire depth of the level.
Joining Nexxus University
Affiliate membership with Nexxus University is tied to a monthly membership purchase:
- Bronze – $9.95 a month
- Silver – $24.95 a month
- Gold – $49.95 a month
The primary difference between these membership levels is access to bundled education courses and income potential through the Nexxus University compensation plan.
Conclusion
As far as I can tell, the only way to get access to Nexxus University’s courses is by signing up as an affiliate.
There’s no mention of retail sales or orders on the Nexxus University website. All you can do is login as an affiliate or sign up as an affiliate.
This means there’s no retail offering, with all commissions paid by Nexxus University tied to affiliate recruitment.
This is a problem, because in MLM chain-recruitment equates to a pyramid scheme.
On the off-chance I’m missing something, I’ll clarify that the existence of a retail offering doesn’t negate chain-recruitment.
You sign up as a Nexxus University affiliate, pay your monthly fee and then get paid to recruit others who do the same.
Pay to play is also evident in the Nexxus University compensation plan, which how much an affiliate spends directly impacting their income potential.
You can qualify by recruitment alone, but realistically it’s a given that Nexxus University affiliates are going to self-fund.
Regarding the Nexxus Coins, as far as I can tell they don’t exist yet.
Bronze affiliates are instead promised 100 coins, Silver affiliates 250 coins and Gold affiliates 500 coins.
These will purportedly be handed over when Nexxus Coin eventuates, but until then it’s just a promise.
Seeing as I can’t really review an imaginary cryptocurrency, Nexxus Coins aren’t relevant in analysis of Nexxus University as an MLM opportunity.
What you’re left with is chain-recruitment and courses written by who knows who. Oh and the certification program?
Run the Cryptocurrency Fundamentals Certification Program by some cryptocurrency people and see what kind of reaction you get.
I’ve got nothing against people educating themselves on cryptocurrency, but an unaccredited “education course” provided by a company with the word “university” in its name is pretty misleading.
And on the topic of courses, why do people need to continue to pay monthly fees to access them? I mean once you’ve read (or watched?) the courses, isn’t that it?
If you’re keen get your participation award but after that, why are you still paying monthly fees?
I mean sure the people who recruited you get paid from those ongoing fees, but surely there’s some other legitimate reason?
nexxus university has a nexxus rewards ‘crowdfunding’ offer which is offering nexxus coins for cash. this is what it says about the nexxus coin:
you can purchase nexxus coins from between $100 to $5000. there appears to be no MLM opportunity attached to this crowdfunding offer, so i wonder if anybody at all will be putting down hard cash for these imaginary nexxus coins.
there is also a ‘nexxus rewards’ website which will purportedly pay rewards for shopping in the nexxus community. this is free to join, and will pay on an affiliates own shopping and the shopping of his downline.
but with the nexxus coin still not launched, and no merchants signed up, this seems to be a dead opportunity.
nexxus university itself also seems pretty dead in the water. kelly ann pope who was a top recruiter in bob woods GCR marketing, and runs the nexxus university page on facebook, has only 101 likes and barely any comments.
methinks bob woods may have to think up some new recruitment scam. it seems he has squeezed the ‘cryptocurrency’ scam career opportunity dry, and will have to find some other ‘trending’ concept to attach a pyramid scheme to.
You’re actually purchasing coins or the promise of coins at a later date?
There’s probably securities issues at play if cash is being plonked down for non-existent coins.
this is what the registration for the nexxus crowdfunding says:
so, i guess coins are being purchased rightaway and it is a passive investment for a future ROI, and hence a securities offering.
Hi Oz, You may want to recheck all your information because the program was completely changed a couple months ago during prelaunch.
Nexxus does not sell any coins with the MLM promise that they will get-rich-quick when the coin goes public. That is a scam run by all the other MLM coins.
The Nexxus mission is to capitalize on the mainstream adoption of cryptocurrency through education and transactions. The affiliate’s websites sell educational courses to the public from a retail order form.
We have many customers paying reasonable retail prices ($15) for the courses. Affiliates are not required to make monthly purchases and no ranks can be purchased. No Nexxus coins are included or can be purchased by the MLM affiliates.
The best way to assess the quality of the educational courses is to take one. I’d be glad to offer free access to a Cryptocurrency Introduction course to anyone here.
I think you will be surprised. Our students often comment about how impressed they are with the comprehensive education. The education is a small necessary step because we know that the mainstream public will not adopt cryptocurrency until they understand what it is and how they can benefit.
Nexxus Rewards is the first Bitcoin Killer App to give people a good reason to buy and use cryptocurrency. People will be able to make bitcoins purchases at Nexxus merchants worldwide.
Affiliates earn on the transactions from merchants they refer. There is no pyramid scheme or internal consumption here, just an opportunity for affiliates to earn on shopper transactions as the mainstream public adopts cryptocurrency.
The Nexxus coin is live with a blockchain and thousands of downloaded wallets making up the decentralized network.
The Nexxus coin is very much like the Ether coin. The Nexus coin is the internal currency of the Nexxus Global Rewards Community like Ether is the internal currency for Ethereum.
The Nexxus coin is purchased on the public market for the cashback rewards with every bitcoin purchase from Nexxus Rewards. The Nexxus coin will be listed on the public exchanges in coordination with the Nexxus Rewards Community.
The initial distribution method for Nexxus Coin is similar to Ether. Investors were given some coins and the bulk of the coins are being donated at no cost to a couple thousand individuals. No Nexxus coins are distributed as part of an MLM compensation plan.
A simple question can be asked of any cryptocurrency coin that promises to be the next big bitcoin story. What are they doing to deliver value to the marketplace to drive buyer demand. Buyer demand is the only thing that will increase price, not unlike all publicly traded asset.
BTW – Robert Corriveau was the founder of GCR Marketing and ran the company into the ground. I was originally a systems vendor brought in 6 months later as CEO to turn the company around.
The Corriveau get-rich-quick promises were too embedded in the minds of their agents to shift their mindsets to a successful business model.
My company, Pinnacle Institute, is a network marketing consulting company with over 30 MLM companies over the last 12 years. I have been brought in before by the owners to try to fix their problems (e.g. GoAutoClub).
OZ, thank you for all the research you do as a consumer advocate. I too have been called upon for my expertise in technology, cryptocurrency and network marketing to uncover scams and Ponzi schemes perpetrated by companies like OneCoin.
@bob wood
where is nexxus university and nexxus rewards registered?
IIRC nexxus university is registered offshore in belize?
meanwhile, you have some crowdfunding going on in nexxus which i have mentioned in post#1 & 3.
as an offshore company, is it legal for nexxus university to offer it’s crowdfunding to US investors?
according to the final rules adopted by the SEC for crowdfunding activities in the US in jan, 2016 :
sec.gov/news/pressrelease/2015-249.html
how much money are you raising through this crowdfunding?
a robert zikman who appears to be behind a coin called coinxion, made this post on FB on may 18, 2016:
it would appear that affiliates who are buying nexxus university ‘education’ may be the ones who are being encouraged to crowdfund nexxus rewards.
are there any rewards for the crowdfunding, and for getting other people to invest in the crowdfund?
So just to clarify, by signing up as a Nexxus University affiliate and paying my monthly fee, I now no longer am promised any Nexxus Coins?
So retail is a one-time $15 for the courses… why are affiliates paying $49.95 a month for the same courses then?
PS. Can you send me a copy of the current Nexxus compensation plan then if it’s changed?
It’s not on the Nexxus University website so I went off a video you shot about the compensation plan a few months back. Figured seeing as it was the only information publicly available, that it was up to date.
Hi Oz, you are correct. The Nexxus affiliates do not get any coins. They are not required to pay any monthly fees.
The only thing they optionally buy from the company is wholesale products that they retail to customers and earn a retail profit. $15 is the customer retail price, not the affiliate $10 wholesale price.
Let’s do a call where you can interview me and ask any questions you’d like. That would give you more accurate information on the business plan.
I have always been forthright in trying to answer all questions posed here. It would be a good and fair review with verified information directly from the source of your investigation.
So exactly where are these affiliate selling these products from at retail?
Or is this where it gets murky and everyone is and affiliate?
@Bob
So I sign up as an affiliate (for no cost) and get the courses cheaper, or be a retail customer and pay more.
Care to reveal the retail customer (excluding expired affiliates) vs. affiliate ratio paying for the courses?
I still don’t get why affiliates are paying monthly fees? Are the courses downloadable?
I prefer to have everything written down. As you’ve already seen when you record videos and fail to provide the public with a written version of your compensation plan you create headaches for yourself.
I’m taking it there’s no up to date Nexxus University compensation plan documentation for you to forward to me?
the website of nexxus university does not allow access to the comp plan without an affiliate referral link.
bob wood claims that his ‘education product’ is excellent, and his affiliates need not be on ‘autoship’ and ‘retail’ is healthy.
so, why not reveal the comp plan to the public?
when bob wood shut down GCR marketing he had claimed that GCR affiliates would be compensated by giving them nexxus coins equivalent to their GCR coins.
but now, wood says affiliates will not be given any nexxus coins in the MLM program.
so what happens to the promises made to GCR investors, who were left holding the bag when the GCR coin value crashed and burned on the cryptocurrency exchanges?
goautoclub was found to be selling unregistered securities by the okhlahoma SEC in 2004. goautoclub signed a consent order with the SEC agreeing to cease and desist from engaging in the sale of securities. i’m not sure, but goautoclub seems to be out of business since then.
then bob wood’s GCR marketing also received queries from the SEC, after the regulator received complaints about the scheme. this prompted bob wood to to shut down GCR marketing and register a new company nexxus university, offshore in belize.
now, bob wood’s nexxus university which is a non-US company is offering crowdfunding investments to US citizens, which is illegal according the SEC rules.
Hi Oz, The retail customers can purchase courses from the affiliate’s websites by clicking the “Purchase Education Courses” button at the top of the page.
Customers are not affiliates, they have a retail order form different from the affiliate enrollment form.
The retail order form is a lot newer than the affiliate enrollment form, but The customer to affiliate ratio is about 1/4 and is ever increasing with customers signing up faster than affiliates.
The new affiliate program details have always been available on the affiliate websites. Your sources could have directed you there anytime.
You can see a sample affiliate website at affiliate.nexxusuniversity.com. The Nexxus Affiliates share the compensation plan on their affiliate website with their prospects as needed.
Nexxus affiliates are not required to pay monthly fees and only do so to purchase wholesale products to resell. They are not paying any monthly fees for course access.
@Anjali: No Nexxus coins are sold in the MLM program. That is a scam promoted by all the other MLM companies – They all say, “Buy our coin now when it is cheap and private and when it goes public you will be rich”.
None of them actually tell you how they will increase the price, or more importantly how they will deliver value to the marketplace to drive buyer demand.
Thousands of GCR Coin holders are participating in the free initial distribution of the POS Nexxus Coin, but there are no MLM bonuses paid on the Nexxus coins. – That is a scam!
Nexxus is capitalizing on the mainstream adoption of cryptocurrency by marketing support services in education and transactions.
Thanks Oz, for coming directly to the source to get answers to everyone’s questions. As you dig deeper you will find that we are creating a real income opportunity in the unstoppable huge new trend of cryptocurrency.
We have a real cryptocurrency coin that has utility and a benefit for the users. We have real retail products. We have a solid business plan to provide value to the marketplace to drive buyer demand.
And most importantly, we do not have all the get-rich-quick hype propagated by shady networkers promising to get rich on their next big bitcoin story.
Hey Anjali, you’re killing me. I was a hired consultant that shutdown GoAutoClub immediately. They were in Indiana and were not shutdown by the SEC in Oklahoma.
Nexxus is not selling securities through any MLM comp plan. and is not selling them any different than Ethereum sold 60M Ether coins to raise $18.6M.
Do you have a problem with Ethereum? They are the only coin to date that has provided any real utility and benefit to its users to drive buyer demand from 50 cents to 14 dollars in less than 6 months.
BehindMLM is a MLM company consumer watch dog service. What exactly do you think Nexxus is doing illegally with their MLM program?
I couldn’t find it with my own research via a visit to the Nexxus University website. This is something you’ll probably want to rectify.
That’s not what’s presented on the Nexxus University website. You’ve got three affiliate options with corresponding monthly fees:
– Beginner Affiliate Package $10 mo.
– Basic Affiliate Package $25 mo.
– Pro Affiliate Package $50 mo.
Also the “Pro Affiliate Package” description clearly states:
Please explain.
And if affiliates aren’t paying for course access, then it’s being given away to them for free. Why would retail customers purchase something you’re otherwise giving away?
Right now though, with a 75%/25% affiliate to retail customer spread, you’re operating as a pyramid scheme.
Getting rid of recruitment commissions would be a start in rectifying that. Ditto providing an actual product to affiliates in exchange for their monthly fees.
Access to discounts is not a viable MLM product.
I can appreciate Nexxus University isn’t a Ponzi points scheme, but there are some serious compliance issues here chief.
Hi Oz, Most network marketing companies do not list their compensation plan on their public websites. That is typically reserved for the marketing presentations by their reps. Is there a problem with that?
Monthly Affiliate packages of wholesale products are optional and can be turned off at any time by the affiliates.
There are no Affiliate package Nexxus coins in any of the marketing presentations. The change to the website was made but did not get updated on the production server for some reason. That has been corrected. Thx.
Affiliates are purchasing wholesale products. They are not just given free access to the courses. They do not get free access to courses that customers are paying for.
Right now in a prelaunch phase our customer to affiliate ratio is growing quickly toward a 20+ / 1 ratio. Please give us a little time out of the gate for our affiliates to sell our products.
There are no recruiting bonuses. We only pay commissions on product purchases.
“Access to Discounts”? I have no clue what you are referring to. There are no affiliate discounts?
This is why I suggested you get answers directly from me in recorded conversation so you don’t have to keep guessing at the facts. Give me a call anytime. You have access to my number.
As someone who has reviewed well over a thousand MLM companies, I can tell you this is not the case.
It’s a lack of disclosure. You don’t have to have the comp plan on the homepage, but if there’s a link to affiliate information it should be on that page or linked off it.
Discount vouchers aren’t wholesale products…
And how are you addressing inventory loading? That is affiliates paying monthly fees just to qualify for commissions?
Are you tracking how many vouchers are used versus purchased by affiliates?
If I’m paid for signing up an affiliate, that’s a recruitment commission.
An exception would be if affiliate’s were paying for a tangible product and there were healthy retail sales of the product, but we’ve already established this isn’t the case.
What exactly is a “product certificate”?
Think of me as the general public. If I’m having this much of an issue… you imagine what your retail customers and affiliates are going through.
Oz I am so glad to see that we got BOB Wood coming out of woodwork to sweet talk his way out of this black cloud over his head.
During the tie GCR opened I was just getting familiar with Bitcoin and other Crypto Currencies.
By not being too familiar and being so new to this arena I was one of the first people who joined GCR and once I sunk in my first $1000 in the GCR Cloud coin mining.
Shortly after researching the Industry while being in GCR I quickly realized that its will not go anywhere and and did not invest a penny more.
I Must admit I did not believe at first that GCR will go public but now I realize that Bob made sure to make it go public so he can make even more money on us.
As soon as the coin went public it dropped really low and we were all encouraged to buy more and more coins while they were cheap.
Every week bob would get on the corporate call and talk about how GCR is so good and how he knew where we are and were we going. (all I can see is he was going downhill )
I would be thinking to myself why are all these people paying monthly membership if the CGR is public and there is no need to participate in the MLM.
I just read Kevin Thomson’s take on this ARENA, where he is taking about MLM and Crypto Currencies he says its like mixing Icecream with Meatballs IT DOES NOT MIX.
Keep in mind its coming from a very well respected lawyer that deals with MLM law. ( Bob you might wan to check out his page FYI)
I have been taking classes on crypto currencies on YOUTUBE for FREE and was able to learn more than his university can teach. No one should be paying a penny to learn everything about bitcoins and other crypto currencies.
He has a smooth way of talking and I am glad you got him to respond in writing. He always tries to sugarcoat everything.
I honestly don’t think he has anyone paying any monthly fees for his worthless nexxus program. The Education is free on line there is nothing Nexxus can teach you that you cant already get on youtube.
Guys if you are interested in bitcoin or other coins please visit youtube and type in your questions and you will get free video lessons, do not pay a penny to this guys nexus coin program. It will crash the same way GCR did.
Be aware and stay away from Bob Wood, His reputation is ruined and he is not to be trusted. I just had to take time out of my day and write the truth and let people see for what BOB really is.
Bob if you would like to clear your name why don’t you refund peoples money that believed in you for so long an lost all their money on paying a worthless monthly fees on GCR and clear your name once and for all.
We would be remiss if we didn’t mention CloudZow and Zazzed – now also DEAD.
https://behindmlm.com/mlm-reviews/global-currency-reserve-review-2999-95-a-month-mining/
Excellent post Euro. Let’s hope folks heed your warning. I wonder if you were aware of his scamming history before giving money to him in GCR?
Just for the record… I own Pinnacle Institute, a consulting company for the direct sales industry for 12 years. I have had 30+ clients that were MLM companies. I provided their back-office systems to run their companies.
You will find my name associated with many MLM companies as their technology provider but never as a marketing scammer. I have worked closely with Kevin Thompson with many of my clients. He was also the attorney for GCR Marketing.
CloudZow was owned and controlled by Robert Carpenter who was marketing cloud backup services and decided to take the company in a different direction.
Zazzed was owned and controlled by Bob Moore who was marketing a fuel additive. Bob Moore died in the hospital from surgery complications. 2 of his top leaders then created their own fuel additive companies and both of them hired me as a consultant to build their systems.
GCR Marketing was founded by Robert Corriveau on whom Oz has already done reviews in 2014. I was hired as a consultant to build and run their systems.
Robert and the other top marketers in 2014 were hyping the GCR coin to quickly be worth hundreds of dollars. Robert killed the business by the end of 2014 and quit.
I believed in the potential of cryptocurrency and accepted the request by the owners to act as CEO of GCR Marketing in 2015 to turn the company around.
I changed many things and corrected the false information and communicated many times in writing and on video that there was a real income opportunity over time but it was not a get-rich-quick scheme.
I repeatedly told everyone that real cryptocurrency value could only be created by providing a value to the marketplace to drive buyer demand. I never hyped the price of the GCR Coin.
Many people believed the marketing hype delivered by the marketing leaders and were of course very disappointed when it did not happen. Most of all the money paid in to GCR Marketing was paid right back out to the marketing leaders in bonuses.
I continually worked on the mission to build real cryptocurrency value by creating buyer demand with a commerce benefit. That included taking the GCR Coin live eventually and working on getting the rewards program launched.
That task proved to be nearly impossible from the corruption and fraud from the cryptocurrency consultants working on the GCR Coin and from the early implanted mindset of most people that they were going to get-rich-quick when the coin went public.
I understand everyone’s frustration that they did not get-rich-quick from the GCR Coin. I happen to be the one everyone blames, but I never hyped the GCR coin and I always communicated the truth about how to build real value.
The GCR marketing leaders demanded a “sexy story” to promote and even asked me to build another coin after the GCR Coin went public and crashed, so they could repeat the same hype. I told them absolutely not. They are now out hyping another MLM cryptocurrency coin.
I left them and started my own company to carry forward my vision on how to build real cryptocurrency value with Nexxus. That is why Nexxus does not sell coins or mining services for coins because that is a scam to sell the dream that a coin would just magically have great value that they could cash in on.
Nexxus is capitalizing on the mainstream adoption of cryptocurrency with support services in education and transactions. It has a solid business plan to create utility and user benefits to create buyer demand.
Believe what you will, but please verify your facts. There are a lot of uninformed opinions being thrown around in here.
Some people will never be pleased and will only believe what they want to hear. So be it, that’s just the reality of human nature.
The background info is appreciated, even if it may be difficult to verify through other means.
It’s best NOT to take one’s word for granted. As Reagan said, “Trust, but verify.” No insult is intended, but let’s just say, too many… “marketers” gave this industry a bad name.
nexxus is selling ‘securities’ as in ‘crowdfunding’ on its nexxus university website.
the nexxus university and nexxus rewards platforms are both based around the idea of the nexxus coin, which in turn depends on the crowdfunding to become a reality.
if your crowdfunding is in contravention of SEC regulations, then all the participants in nexxus university and nexxus rewards can be harmed, if regulators step in.
Also, i am pretty sure that your affiliate base in both schemes are among your crowdfund investors, so in this context too, the legality of your crowdfunding is a pertinent question, even though it may not have an MLM comp plan attached.
i mean, the SEC sent you some queries in your last MLM attempt ie GCR marketing, and you had to hurriedly shut it down and take your business offshore.
regarding ethereum, it’s crowdfunding was closed in 2014, i think. at that time the SEC was still figuring out regulation for crowdfunding.
in jan 2016 the SEC announced the final rules for crowdfunding, and this regulation is Now Effective from may 16, 2016.
non US companies cannot offer crowdfunding to US investors.
besides, you cannot even offer crowdfunding Directly to investors the way you are doing on your website, you have to use an intermediary like a broker registered with FINRA or a registered crowdfunding platform.
since you claim to be a highly in demand MLM ‘consultant’, one would expect you give yourself the best consultation for nexxus university, as you have acknowledged that this MLM opportunity is your own company, and you will have no one to blame for its illegality and/or failure.
you must clearly state on your crowdfunding page that the offer is not available to US citizens.
i never implied that you were the owner of goautoclub.
i found it strange that you picked this illegal scam MLM, as a company you consulted for. goautoclub was found to be selling illegal unregistered securities and was found to be fraud.
your experience with goautoclub would have primed you about illegal securities, so its surprising that GCR marketing which you headed, also invited SEC queries, and your crowdfunding in nexxus is also in contravention of the SEC’s regulations regarding securities.
let me guess, GCR coin holders who followed you to nexxus university/rewards, are receiving free nexxus coins?
how do you structure this ‘free distribution’? who gets how many coins?
are the free nexxus coins connected in any way to the membership level of participants, or the number of their recruits?
its quite possible that in an effort to appear ‘compliant’, you do not formally announce any coin distribution on your website along with membership, but then give the coins to affiliates under the guise of ‘free distribution of coins like ethereum!’
i mean, your affiliate compensation plan is not available publicly, so we are all free to feel suspicious.
just listening in to a corporate webinar by bob wood recorded on june 3, 2016.
so, wood says if a ‘customer’ wants to become an ‘affiliate’ he cant just ‘upgrade’ but needs to ‘re-enroll’ with a separate distinct ‘user name’.
further, a person can continue to hold on to his customer status for a year Along With being an affiliate, under two different user names!
this means that many so called ‘retail’ customers in nexxus, will also be ‘affiliates’ at the Same Time.
hrrmph. no wonder bob wood is claiming healthy retail and all!
in bob wood’s nexxus, ‘joe jones’ can be a retail customer using user name ‘joe’ and an affiliate using user name ‘jones’. bloody convenient, i say!!
Much LESS convenient than it was done at Vemma or Herbalife, I assure you. Corporate just reclassify you as they see fit.
My only concern for Bob’s plan here is… what are the safeguards to make sure that a guy doesn’t sign up himself as a customer? Or it’s more of “who’d do that” problem?
according to the webinar dated 3, june, 2016, affiliate ranks can be purchased via the ‘affiliate founders program’, which offers nexxus coins and ranks to the first 1000 participants who sign up.
the fee for the founders program is $2000.
the first 250 founders get 4000 nexxus coins and the rank of a ‘double platinum’ for a year.
the next 250 founders get 3500 nexxus coins and the rank of a ‘platinum’ for a year.
…and so on and so forth.
so, contrary to what bob wood has stated here, nexxus affiliates CAN purchase ranks and nexxus coins via the founder’s program.
so, not only is nexxus’ crowdfunding illegal in the US according to the SEC, its affiliate founder programs ‘sale’ of positions in the MLM plan is a ‘pay to play’ factor which is illegal according to the FTC.
the SEC wont like it, and neither will the FTC.
Ok I am back to respond to Bob and this blogs audience.
Bob I read your reply on how Innocent you make yourself to be. Can you answer us here since this is the only way to communicate with you. On the other hand I am glad that we are publicly discussing it here.
I understand that you were brought in to save the company when the person before you dropped the ball.
You came in and you saw how the company was going downhill yet week in and week out you kept hosting the calls with Linda and keep telling us how the company is doing great and and you have a plan unlike other Coins out there that Bob has a vision and a plan.
Every time Linda would introduce Bob on the call Bob would start assuring us about his vision. It sounded something like that “We know where we are and we know where we going we have a vision ”
In Reality the company is going downhill and I had a strong feeling it was, because if you think about it there was no more mining anymore and the education is a joke.
It is all available free on line there is nothing you can educate us on YOUTUBE as I mentioned before is free updated daily education is it not the 80s people are not stupid and you cant cover it up.
I can teach you a thing or two on mining and trading crypto currencies , and bob what ever happened to the GCR caffes that you promised and a merchant program you kept talking about when you knew that it was no way to make it happen.
When All of your big promoters dropped you It was so clear to see.
Please take my advice if you would like to integrate crypto coins in to a marketplace you cannot charge the promoters/ affiliates for spreading the word.
What you should do is the same thing that is currently is happening in the bitcoin community all over the world.
Organize free Meetup Clubs in every city and have volunteers spread the word and not charge the volunteers any money to do it because everyone will have the desire to do it.
It was greed that kept you going you know it deep inside and all the way to the last day you kept assuring us how GCR is doing so well. Where is the transparency in that?
The only truth that came out of your mouth is when GCR closed and Nexxus came out.
I was skeptical from day one and did not pay monthly does and I was REALLY hoping I would be wrong about GCR but it turns out I was right.
I would recommend OZ to follow you closely and any sign he sees you slip up with NEXXUS to blast it and expose you if he sees any scam brewing in your plans.
I will not be following you in to any other company that you will be promoting EVER I would not give you any more chances Unless you give up any money that you profited personally to the GCR members that trusted you and thought very highly of you.
I personally would not would not file any claims. I think OZ would agree with this statement… I blame myself for believing in your vision and take full responsibility for my actions.
I am concerned about the affiliates all over the world that had no idea what Concurrency was and was pitched GCR and lost their money.
Crypto-currency is so new to the average person I feel bad for them and would like to see them get some kind of recovery for what they lost.
I know what you are thinking its not easy for you to give up your cut of the Pie. Knowing how you are and seeing how you like to turn yourself in to a victim just to cover all the bases there is another option I recommend for you …
Let Nexxus University grow and once it takes off as you Sure of, make an extra fund for the GCR victims a small percentage to pay back and clear your name If you are such an Honest person as you claim to be.
I think that everyone in GCR and non GCR members would agree that it would be a great way to clear your name and gain some trust in you again.
There are many ways of making it right I just suggested you one option.
What do you say BOB? We all know you messed up lets make it right and take my silly advice and lets see you clear your name.
I never really write comments on behind MLM I just visit and read the news but in this case I felt obligated to take time out of my busy day and also since we got BOB here with us I felt obligated to write what was on my mind.
I am just an average person that has backround in technology and a clear conscience.
There is more to say but I would rather not and wait to see what we hear back from Bob before I continue to bring out all the dirty laundry to the public to know.
Yours Truly ‘EURO”
hey, what’s this!
the nexxus corporate webinar of june 3, 2016, seems to have disappeared from the net!
i guess bob wood does not want his super special ‘affiliate founders program’ to be accessed by the er, ‘wrong’ people.
IIRC during the webinar wood mentioned that the affiliate founders program was not mentioned in the compensation plan.
it seems to be a ‘secret’ offer for nexxus affiliates to purchase ‘positions’ and nexxus coins.
1000 positions going at the rate of $2000 a pop, will net bob wood a cool $1.8 million [after paying the 10% finders fee]. as this does not have an MLM comp plan attached to it, wood does not have to pay any further commission and can pocket the entire amount!
further, affiliates will be encouraged to pay between $100-$5000 to invest in the crowdfund in exchange for nexxus coins. of course, they will be told that they can get coins cheap and get a jump start ahead of other affiliates when the nexxus coin goes through the roof. with no MLM plan attached to the crowdfund, bob wood gets to pocket all this money as well.
when he has collected as much as he can, he will launch his nexxus coin, which will most definitely [i’m willing to wager] crash at the exchange.
bob wood will calmly set off into the sunset with his stash, claiming that he did the world a favour by educating people about cryptocurrency.
wood has set up his nexxus, with its Non-MLM ‘founder program’ and ‘crowdfunding’ to collect a large amount of money in a short amount of time from his nexxus MLM affiliates. he is really not interested in the $10 or $49 monthly autoship MLM scheme, which will take a long time and a lot of recruitment to make him serious money.
all he needs is some 1500-2000 suckers to hand over their money, and he will Run like an olympic champ!
Cue X-Files theme…
BOB do you have something to say? WE are waiting for a reply …
bob wood removed the june 3, 2016 corporate webinar from the net, and is probably hiding under his bed right now.
at the end of the june 3 webinar, bob wood actually started sniffling [as in sob!], over something about people treating other people badly.
being such a sensitive soul, i wonder why he wont empathize with euro here, and return his money.
c’mon out, bob the sniffler, don’t treat euro so badly.
well, not so forthright bob wood, because you ran away from our questions and pulled some sleek misdirection about your scheme here.
now wood is trying to shove some SEO product for social media down his affiliates throats, which indicates that recruitment in nexxus is slow, and bob wood wants to double dip into his affiliates wallets.
he is promising to list the nexxus coin on crypto exchanges by this year end, so we can expect nexxus to collapse soon after. that is, if wood does not invent some excuse to delay the listing of his nexxus coin, and collect more money from affiliates in the meantime.
bob wood is a smooth talking huckster, and he will be back in the market after nexxus, with some other con.
HI Bob,
I believe, I spoke with you several months ago about GCR coins changing to Nexus coins. I said I joined about 2years ago, but never got information on my account or back office!
I was told they would get back to me, but never did.
You said, my money was probably still somewhere, I really don’t remember where we left off in our phone conversation.
You had a phone call and we had to say good-bye…..I have since misplaced your name and number.
Someone asked me to join bit coin, last week, and I said, no….but that remindsd me I have to check on my Nexxus account, that I’m not even sure I have.
I found you on this site, and trying to find out if you could possibly shed some light for me. I would appreciate any help at all.
Thank you,
Linda
uh linda, bob wood sometimes pops up on this site to ‘educate’ us all about cryptocurrency, but unfortunately he does not have time to address his affiliates on this thread.
it’s like, you can all go to hell for all he cares. after all, he is a cryptocurrency pundit who’s changing the world, and he doesn’t care about your piddly diddly coins.
in a corporate webinar on aug 5th, 2016, bob wood announced that angelina lazar has joined nexxus university.
some of us know lazar as an ex onecoiner, who stopped promoting it when she realized it was a scam.
nexxus is quite similar to onecoin in that both purportedly sell ‘cryptocurrency education’ and give away ‘free’ coins.
onecoin gives away coin tokens along with the educational packages and nexxus gives away free coins by a method not disclosed by bob wood.
the underlying promise is that these coins will be valuable in the future. both onecoin and nexxus claim that they will generate ‘value’ around the coin by getting merchants to accept it, but to date neither has any merchants signed up.
bob wood of nexxus has promised to launch his nexxus coin this year. right now in august, there is no development of any ecosystem to support the coin, so if wood launches the coin this year, it is bound to crash.
nexxus is also illegally selling securities in the US via crowdfunding, and this too puts a huge question mark on the nexxus coins future.
in the webinar yesterday, wood tells his affiliates to ‘play dumb’ while selling the opportunity to others. he says if they show that they know a lot about cryptocurrency, tough questions may come their way which they may not be able to answer.
also too much knowledge may put off potential affiliates as they may feel it is too tough for them. so, get educated by nexxus university but pretend you didn’t learn much at all! i’m sure this is how other ‘universities’ sell their courses too ! 🙂
at one point in the webinar affiliates are asked if they are near a ‘university’ town. they are told it may be a good opportunity to put up banners in university towns. though not explicitly said, this seems to imply that the student community in university towns may be a good market.
I… have no words.
Morons. Morons everywhere…
Oz, you are are absolutely correct… Morons. Morons everywhere.
When people take things out of context or don’t bother to do their research, but instead spread unverified rumors, or they make up their own facts, or they refuse to get the facts directly from the source of the investigation and then verify those facts like any professional journalist would do, then they probably fall into the moron category.
Many of the incorrect posts reported here would have been easily clarified if they would have just verified their information before publishing. But that’s not human nature, is it?
I’ve attempted to answer all the allegations here, but it falls on deaf ears when their minds are already made up.
The unfortunate thing is their opinions are formed from all the misinformation and comments here. No one digs any deeper to find out the real facts. They just believe whatever is written on the Internet as fact.
I’ve been working in this industry full-time for over 12 years building systems for network marketing companies. I’ve been called in to cleanup a few of these companies also.
I am not a network marketer and never have been. I have been an I.T professional in corporate America for over 30 years and I have never been involved or promoted any scam.
I was brought in as a consultant and was attempting to cleanup the GCR Marketing mess when it fell apart from an embezzlement. On one hand, I regret ever taking this consulting job, but on the other hand, I do believe in the potential and power of cryptocurrency done right.
You’re listeners will of course believe whatever they want and will continue on as always. My only hope is that someone in the future reading this will have the courage to find out what really happened.
Everything I state is verifiable by multiple sources. You don’t have to just take my word for it. You don’t know me and I don’t know you, but the allegations should be verified responsibly before publishing. At least be responsible enough to pickup the phone and get both perspectives.
So uh… did you or did you not tell Nexxus affiliates to play dumb?
Completely taken out of context. They were told to invite contacts to watch the lead page video and not get trapped into answering questions beforehand.
It is a standard practice for network marketing people. They are not professional salespeople, but should strive to be professional inviters. They are trained to use the tools to do the selling for them. Now you have the full clarification on the “out-of-context” remark.
How is answering questions about an income opportunity they are marketing “getting trapped”?
Networkers are trained to invited as many people as possible and let the tools do the selling. Spending time trying to answer all their questions before they see the video is “getting trapped” and preventing the networker from inviting more people.
The tools can do a much better job presenting the message. Success in networking is based on creating a simple duplicatable process that does not require anyone to be an expert, but an inviter.
Why do you have to “invite” retail customers to anything? I wouldn’t feel confident purchasing anything as a retail customer from an affiliate who couldn’t answer any questions I might have.
When was the last time you walked into a supermarket and had to watch a video instead of getting your question answered by a staff member?
Hi there, why does this milk brand contain more fat than this one but cost less?
Ey there matey, sit down and watch this 40 minute video…
in network marketing, affiliates are paid precisely for their ‘salesmanship’ in selling the company’s products. if you want to treat your affiliates as ‘professional inviters’ then your nexxus university will be deemed to be selling ‘securities’.
MLM programs like dare to be great [DTBG] and koscot were found to be selling securities because the affiliates only behaved as ‘professional inviters’ and the recruitment was achieved either by company officials or with the help of company provided ‘tools’.
in MLM an affiliate should do the lions share of work in ‘closing the sale’, which means answering questions posed by buyers and not ‘playing dumb’. if you train your affiliates to be only ‘inviters’ and close sales with company provided ‘tools’, then you are selling securities.
you need to revise some basic ideas about MLM.
also:
you said that affiliates in nexxus cannot purchase ranks or nexxus coins, but your ‘affiliate founders program’ offers both ranks and coins in exchange for money. please clarify. [you removed the june 3, 2016 webinar which elaborated on this program from the net]
is the nexxus crowdfunding available to investors in the US? as an offshore company, is it legal for nexxus university to offer it’s crowdfunding to US investors?
you have said nexxus coin will be launched this year. is it on schedule? have you created the required ecosystem to support your coin, and ensure it doesn’t crash on launch?
Hey Oz, I assumed you were an MLM expert by all the reviews you do on MLM companies. Anyone experienced with the networking industry knows these principles of sales.
The most successful companies provide a simple duplicatable process that anyone can follow to be successful. That’s MLM 101. Every successful MLM company follows these sales principles including Avon, Mary Kaye, World Ventures, Jeunesse, etc.
They are taught to answer questions by following simple sales principles. You have a few seconds to get their attention, a few minutes to get their interest, and then they will listen to your offer.
If you try to answer questions before they are interested they will try to prejudge the opportunity without adequate information. That’s the basics of MLM sales.
Anyone who knows anything about the industry knows that. They do answer questions at the right time.
There job is to be a people sorter, to get the short interest-getting video in front of as many people as possible to see who steps up and says “That’s interesting, I’d like to know more”. Then they answer questions.
anjali – I’m not sure what your background or your agenda is here. You don’t appear to have a clue about MLM if you think inviting people to watch a 2 minute video on a possible income opportunity is selling securities. That’s a ridiculous statement.
As stated above to Oz, The affiliates do answer questions at the right time. You either don’t really understand MLM or you enjoy taking things out of context to forward your agenda.
Also: the founder’s program is temporary and not part of the marketing plan.
You got your facts wrong again. The June 3rd webinar was never removed and has always been available. You can confirm that with any active Nexxus affiliate.
You’re wrong again about the location of the company. Things change in business. You need to stay updated and verify your information before jumping to conclusions.
The Nexxus coin was already launched on 3/1/2016. It is a real public cryptocurrency coin with it’s own blockchain, explorer, downloadable wallets, decentralized network and and public coin holders that are minting, trading, sending and receiving Nexxus coins. You can learn more at NexxusCoin.com.
The Nexxus coin will be listed on public exchanges in coordination with the release of the Nexxus Rewards Community as the value builder. That’s the problem with almost all altcoins, they have no value builder, just a coin for sale.
As always, you will make far greater progress asking questions rather than jumping to conclusions based on rumors or unverified information.
Now the conversation has been reduced to criticizing the sales process? Surely you don’t think that constitutes a scam? unless you already have your mind made up and are fishing for anything to criticize?
How about some fair and balanced reporting for a change? How about a little responsible journalism?
Who do you work for? Who do you answer to? Who is your boss?
The same “sales principles” are shared by scam’s 4 phases: tease, Please, seize, squeeze. You didn’t mention squeeze, of course.
The difference is in intent and the amount of duplicity used.
That means you tried to answered the wrong questions, thus NOT providing the adequate information, doesn’t it?
Or shall we pull the movie cliche from “A Few Good Men”…
“You can’t handle the truth”
Don’t you trust the people you recruit to handle the truth? Do they had to be drip-fed the truth, with a “handler/cooler” there to “manage” their perceptions, in order for you to make a sale? Is that the sad state of MLM?
Bob Wood is the classic “Tool” of tools. Just ask him about what really happened at GCR with the prior owner and his excapades.
Bob…care to follow up. You Lied and you know.
Now your back to scamming more people…making excuses about Anthony and Etherium and drawing a nice salary from your latest ponzicoin.com..
It is always interesting when you look at a company like yours and realize the only one making money to support themselves is YOU!! Why is that??
Look forward to your lengthly and wordy answer…
Good luck Hoss.
@Bob
Why would a retail customer be asking about the income opportunity?
So what exactly does an “mlm inviter” have to do to invite?
Does it involve Email spam? Phone call spam? Texting spam? Buying email or phone leads? Setting up capture pages?
Who actually do the inviters invite?
Program jumpers? Anyone already in the so called mlm business? Your list of friends? Your list of biz op seekers?
in your august 5, 2016 corporate webinar you asked affiliates to play dumb. [you did not add that they should answer questions later].
In your post#40 here, you said: “They are not professional salespeople, but should strive to be professional inviters. They are trained to use the tools to do the selling for them.” [you did not add that they should answer questions later]
the idea that they answer questions later, seems to have occurred to you now, and its a good idea, stick with it, and don’t tell your affiliates to play dumb, or behave only as ‘inviters’ and use company ‘tools’ to close sales.
i suggest you read up on SEC vs DTBG and koscot, to understand when an MLM can be deemed to be selling securities. you may not find it ridiculous that training affiliates to be ‘inviters’ can get you in trouble with the SEC.
So they are the bushbeaters, scaring up prey for the real hunters behind them?
in a post here you said nexxus affiliates could not purchase ranks or coins.
i found your june 3, 2016 webinar on your nexxus univ FB page, where you talked about the founders program which was offering ranks and coins to the first 1000 affiliates who joined the program at $2000 per head.
now you respond: the founder’s program is temporary and not part of the marketing plan. The June 3rd webinar was never removed and has always been available. You can confirm that with any active Nexxus affiliate.
so, you are confirming you Lied here, when you said affiliates could not buy ranks or coins.
the june 3 webinar is not available on your FB page anymore. it may be available to your active affiliates but it is not available to anyone else, and you removed it from public view when i exposed your ‘founders program’.
you have this sly way of talking around the question asked of you, without directly answering the question, which damages your credibility.
Asked what happened to Funky Shark’s “founder program”, even if it’s temporary, eh?
my question to you was: is the nexxus crowdfunding available to investors in the US? as an offshore company, is it legal for nexxus university to offer it’s crowdfunding to US investors?
you come back with a roundabout answer which gives no information at all.
so, bob wood, where is nexxus univ registered? is it registered in belize or the US or someplace else.
if you have moved the registration to the US, which FINRA registered broker or registered crowdfunding platform are you using for your nexxus coin crowdfunding?
as far as i can see you are inviting crowdfunding on your own nexxus univ website, without sharing any information with your investors about when the coin will be traded or details of your financials. this is illegal, you may check with your lawyer.
i have not disputed the ‘realness’ of the nexxus coin. it may be a ‘real’ coin just like your GCR coin was. and like the GCR coin it will crash through the floor when you list it on exchanges, making your affiliates lose a lot of money.
my question to you was: you have said nexxus coin will be launched this year. is it on schedule? have you created the required ecosystem to support your coin, and ensure it doesn’t crash on launch?
once again you come back with a fuzzy answer which does not address the question directly.
you have engaged in crowdfunding on the premise that nexxus coin will be launched this year. have you shifted the goal post?
i suspect you will not be keen to launch your coin till you have found your 1000 ‘affiliate founders’ who will bring you a couple of million dollars, and till you have collected lots of money via your crowdfunding.
you can help me make far greater progress by directly answering questions, instead of dancing around them.
my agenda is quite simple. i’m just trying to expose you as the scammer you are. i hope you don’t mind.
please come back here when nexxus univ, nexxus rewards and the nexxus coin crash, so that we may ask you some more questions. thanks 🙂
WOW!
INCREDIBLE!
You guys need to (Ozedit: Yeah so this isn’t Facebook. Concise comments that don’t go wildly offtopic only, thanks.)
This is something I hate as a marketer at my old age of 75. I am taught “Not To Speak” and to tell folks I can get them on a conference call with my upline.
What I have found is that people hate that. In Fact, as soon as someone hears this, they immediately get skeptical as if they are going to be “pitched” on stuff.
I am selling the Kagaan Water devices now and love it. but I have trouble explaining a high price offer so it is a quandry.
Curious. Thank you. Good information.
I have know Robert (Bob) Wood for over 30+ years. His daughters and my daughter grew up together in the North Texas area. I have watched Bob and how he has handled himself and his integrity as a man, a father, as a business man and more importantly as a leader in our church and community.
He is not a rich man nor is he a poor man. He is a very wealthy man full of LOVE for his fellow man and heavenly Father! I have seen him give repeatedly and not want or even ask for anything for himself.
Your hard on for Wood has what to with Nexxus University?
Hi Steve, a good friend of mine lost thousands of dollars on this GCR scheme, do you think your friend Bob will share his love one more time and refund the loss?
Love is easy to fake – money not so much.
I will forward this email on to Bob, but I understand that he has made an offer to all GCR members.
Bob was not even connected to GCR and was hired to help and consult.It was the original CEO or President that embezzled all the money.
Read this, read this: I’m laughing
cointelegraph.com/news/fool-me-once-how-to-spot-a-cryptocurrency-scam