The PLR System V2 Review: Three-tier cash gifting scheme
The original PLR System compensation plan was simple enough: Invest $25 and receive an eventual $100 ROI or invest $50 and receive an eventual $200 ROI.
Payments were paid directly to The PLR System affiliates, combining elements of both a Ponzi and cash gifting scheme.
The PLR System initially launched in late 2015 with current Alexa rankings for The PLR System website suggest the scheme has collapsed.
Owner Johnny Ganoza announced a “V2” reboot on August 25th.
Read on for a full review of The PLR System V2 MLM opportunity.
The PLR System V2 Product Line
The PLR System V2 has no retailable products or services, with affiliates only able to market The PLR System V2 affiliate membership itself.
Bundled with The PLR System V2 affiliate membership is access to Private Label Rights ebooks, videos, custom banners and advertising credits.
The PLR System V2 Compensation Plan
The PLR System V2 compensation plan sees affiliates gift payments of $5 to $700 to eachother.
Gifting payments in The PLR System V2 are tracked via a three 3×2 matrices.
A 3×2 matrix places an affiliate at the top of a matrix, with three positions directly under them (level 1).
These three positions form the first level of the matrix, with the second level of the matrix generated by splitting each of the three positions into another three positions each (9 positions).
A complete 3×2 matrix houses twelve positions, with positions filled via direct and indirect recruitment of The PLR System V2 affiliates.
A PLR System V2 affiliate signs up and gifts $5 to the affiliate who recruited them. Subsequent payments are then tracked as follows:
- Matrix 1, level 1 – gift $5 to the affiliate who recruited you and receive $5 from three affiliates
- Matrix 1, level 2 – pay $10 and receive $10 from nine affiliates
- Matrix 2, level 1 – pay $50 and receive $50 from three affiliates
- Matrix 2, level 2 – pay $100 and receive $100 from nine affiliates
- Matrix 3, level 1 – pay $500 and receive $500 from three affiliates
- Matrix 3, level 2 – pay $700 and receive $700 from nine affiliates
Note that recruiting affiliates also receive a one-time $5 recruitment commission per affiliate they recruit.
Joining The PLR System V2
The PLR System V2 affiliate membership is $5.
An additional $5 payment is required in order to participate in the attached MLM opportunity.
Whereas the original PLR System was a two-tier cash gifting scheme, The PLR System V2 has increased payment amounts and added an extra four tiers.
Otherwise the premise of the opportunity is the same: Pay a fee to the affiliate who recruited you and then collect gifting payments from subsequently recruited affiliates.
As with the original, once recruitment dies down so too will gifting payments within the scheme. If the $5 tier collapses, the rest will follow as no activity in Matrix 1 causes matrices 2 and 3 to stall.
The added downside of The PLR System v2 is that new affiliates will be competing with original The PLR System affiliates off the bat.
These are affiliates who mostly lost money in the original The PLR System and have loaded positions at the top of The PLR System v2 company-wide matrix.
And that’s on top of Johnny Ganoza’s own pre-loaded position(s) as well.
Typically reload scams don’t last anywhere near as long as their predecessors. With The PLR System collapsing a few months after launch, don’t expect anything different with V2.