Ads Davao Review: $2 adpack investment scheme
There is no information on the Ads Davao website indicating who owns or runs the business.
The Ads Davao website domain (“adsdavao.com”) was registered on the 19th of August 2013, listing a “Enrico Villanueva” as the domain owner. An address in the Philippine province of Devao del sur is also provided.
I wasn’t able to find any additional information on Enrico Villanueva on the MLM side of things. Given that Enrico Villaneuva is also the name of a well-known Filipino professional basketball player, I’m treating the use of the name as suspect.
As always, if an 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 Ads Davao Product Line
Ads Davao has no retailable products or services, with affiliates only able to market membership to the company itself.
Upon joining the company affiliates are then able to purchase $2 positions in the Ads Davao compensation plan. Each of these positions, referred to as an “ad pack”, is bundled with advertising credits which can be used to display advertising on the Ads Davao website.
The Ads Davao Compensation Plan
The Ads Davao compensation plan revolves around affiliates making $2 deposits with the company, on the expectation of earning a ‘3% daily percentage‘ ROI of up to 150%.
Referral commissions are paid out on deposits made by recruited affiliates, paying out 5% on level 1 (personal recruits) and 2% on level 2 (your level 1 affiliate’s recruits).
Joining Ads Davao
Affiliate membership to Ads Davao is free, however affiliates must make at least one $2 investment if they wish to earn commissions.
With no retail offering and the recycling of affiliate deposits via a 3% daily ROI, Ads Davao follows your typical advertising credits based Ponzi scheme model.
Just purchase ad packs to qualify for profit share. Adpack cost 2$ and you can purchase as many as you want.
Profits are shared on a fix 3% daily percentage. As long as we have enough sales we will keep on sharing profits.
Affiliates make $2 investments with the company and then earn a 150% ROI, paid out of newly invested affiliate money.
Despite the obvious Ponzi investment nature of the scheme, Ads Davao seem to be a little confused about their business model.
In the Ads Davao FAQ they state ‘we are not an investment program‘. When explaining the $2 compensation plan positions they sell however, the company states ‘each position will mature when it reaches 150% ROI‘.
As with all Ponzi schemes, once the new investment stops so too will the ROIs, or as Ads Davao put it:
The moment that there’s no sales then your positions will not earn.
At that point “Enrico Villanueva” falls back on his basketball career, and everyone else simply loses their money.