Cash Club International Review: 6 matrices to fill
Most advertising network based MLM opportunities these days essentially boil down into having to fill a matrix with recruits, cycling out and repeating the process.
With certainty sooner or later members run out of new members to recruit and the matrix (and commissions) stall.
So what happens when you take the standard one matrix advertising MLM model and make your members jump through six?
Read on for a full review of the Cash Club International MLM opportunity.
The Company
There is no information on the Cash Club International website about who is running the opportunity or who owns it.
The domain cashclubinternational.com was registered on the 12th November 2011 listing a registrant as one Mr. Mike Peever or Ontario in Canada.
Peever’s past business ventures appear to be Cash Text Ads back in 2008, which was a pay-to-read/click SMS ads opportunity, something called XAG (a buying silver MLM) and a whole bunch of recruitment focused and matrix based low-cost opportunities (Fortune 5 Bucks, F5B Ads, Incremental Cash and Steps 2 Infinity).
Peever also appears to be a member of Zeek Rewards under the username ‘mikepeever’.
None of Peever’s previous business opportunities seems to have lasted very long and this appears to be the motivation behind his launch of Cash Club International.
The Cash Club International Product Line
Cash Club International has no retail products available and as such its members are left to market membership to the opportunity itself.
When members pay their membership fees to Cash Club International they are given 1000 Text Ad Impressions, 1000 Side Banner Impressions and 1000 Banner Impressions which can be used to place ads on an internal advertising network on Cash Club International.
Cash Club Internatonal state that this adveritisng will also be on display at ‘other locations in our M2I network of sites‘. M2I would appear to stand for Marketing 2 Infinity and corresponds with the email address Peever used to register the Cash Club International website with.
One can therefore assume the M2I network is simply the other failed matrix based MLM opportunity websites Peever owns.
The advertising packages attached to Cash Club International membership cannot be bought at a retail level without joining the company and paying a membership fee.
The Cash Club International Compensation Plan
The Cash Club International compensation plan primarily revolves around matrix commissions but also includes a fast start and matching bonuses.
Matrix Commissions
Through the use of six matrices (or ‘clubs’ as Cash Club International refer to them), members can recruit new members to Cash Club International and once a matrix is full, cycle out of it and earn a commission.
The six matrices Cash Club International use are slightly different in size and offer members different payouts.
Club 1
- 2×1 matrix (2 positions to fill)
- $11 entry
- $5 cycle commission
- automatic entry into club 2 matrix
Club 2
- 2×2 matrix (6 positions to fill)
- $5 cycle commission
- automatic entry into clubs 1 and 3
Club 3
- 3×2 matrix (12 positions to fill)
- $20 cycle commissions
- automatic re-entry into clubs 4, 2 and 1 (2 entries into club 1)
Club 4
- 4×2 matrix (20 positions to fill)
- $450 cycle commissions
- automatic entry into clubs 1 (4 entries), 2 (3 entries), 3, 4 and 5
Club 5
- 5×2 matrix (30 positions to fill)
- $9000 cycle commissions
- automatic entry into clubs 1 (10 entries), 2 (10 entries), 3 (5 entries), 4 (3 entries), 5, and 10
Club 10
- 2×10 matrix (2046 positions to fill)
- $1000 per member as they are added to your matrix
The first matrix must be bought into and is the only way for members to advance themselves up Cash Club International’s various matrices.
In addition to a cycle commission members are also given various advertising credits that increase in number as they cycle out of higher matrices.
Joining Cash Club International
Those looking to join Cash Club International have two options available to them, paid and free membership.
Free membership costs nothing but limits members to only earning Fast Start commissions and matching cycle bonuses.
Paid membership entitles a member to participate in the matrices and earn commissions of them (note that buy-in into the Club 1 matrix is an additional expense).
Cash Club International don’t explicitly mention what the monthly subscription cost is for paid membership, but I assume it is the cost of a buy-in to the Club 1 matrix, that being $11.
Conclusion
With no retail product or service to purchase and 100% of commissions paid out of matrix buy-in fees and monthly subscriptions, it’s pretty obvious Cash Club International is a straight up recruitment scam.
Not only that but with 6 matrices in play, the sheer amount of members required to get into the upper matrices is mind boggling.
Like Mike Peever’s other matrix-based MLM opportunities that operated in a similar manner, I imagine despite his best efforts to keep the matrices rolling with a ridiculous amount of re-entries tied into cycle commissions, inevitably the new members will dry up and the entire system will collapse.
Stay well clear of this one folks.
Let’s see, no product sales, recruit enough people to fill a matrix and get paid… It’s a pyramid scheme, enough said.
Unfortunately, Canadian authorities are extremely SLOW in pursuing pyramid schemes. Business in Motion, a TVI Express progenitor out of Canada, was exposed by CBC in 2008, and only TWO and a half YEARS LATER (2011) did Canadian police (RCMP) file charges against the perps (not trial, merely file charges).
Thus, there may be quite a few victims for this scheme… if they don’t read this review and explanation.
so no one should join right?
@dido
Nut unless your comfortable participating in a pyramid scheme that relies on new recruits to survive.
once it is not a scam and it works no problem
@dido
Most of us have no problems if people wants to join something. I believe it will be much better if people decides for themselves WHAT they will join and WHY they will join something.
That is when people are using a professional viewpoint, and I’ll guess you’re more interested in professional viewpoints than in people’s personal viewpoints (people will always have lots of objections when they see something from a personal viewpoint).
So you’re clearly welcome to join whatever you like, and for whatever motives you might have. In most cases, you’re also welcome to post your experiences “in a neutral way”, or to add corrections to something if you feel it’s needed.
I used the expression “in a neutral way” only as a guideline, and it relates more to avoiding spam-comments than to avoid personal opinions about something.
My personal opinion?
I didn’t fully understand all the re-entries into different matrices, so it would have been too complicated for me, anyway.
I have a vague impression that you can buy yourself up in the matrices by paying more money in, and fill some of the positions yourself?
I just want to know if it a scam or it really works?
Both, actually. A “scam” can be profitable to the early joiners. That’s how they recruit more members.
@dido
The article is from January 17th 2012, so you’re a little late for joining this. It was probably shut down by the owner within its first 2 weeks.
It’s probably computer simulated before it was released, and with a flaw in the logics used, done by a 14-16 year old guy trying to create something “revolutionary”, “the world have never seen anything like this”.
The exaggerated use of free re-entries into lower levels is a flaw, not a solution. This system won’t work, and the owner will have to pay out more than he gets in after a few re-entries.
are you people members @ all?
No. Relevance?
If you’re going to crap on about needing to join to “understand” it’ll be sent straight to the spam bin.
do u know any one that has been defrauded by cash club?
Whether I do or don’t doesn’t change the compensation plan or business model Cash Club International uses.
@dido
You’re the first one who has asked about this scheme, and the thread has otherwise been completely dead since January 17th. I believe we can assume the scheme was withdrawn rather quickly, due to some logical errors in the plans.
Logical errors?
The only money that comes in is the $11 when people are joining Club 1. To generate enough money to support payouts in the higher clubs, they will need money coming in from the re-entries, too. A one time payment of $11 can’t support the payouts.
This scheme seems to have been simulated on a computer, but with a flaw in the logics used, e.g. counting re-entries into Club 1 as money coming in (I don’t know whether they will have to PAY for re-entries there, or if re-entries are free?).
* if they will have to PAY for re-entries into Club 1, the participants will be drained for money rather quickly (because of all the re-entries into Club 1).
* if they don’t have to pay for re-entries, the scheme won’t be able to support payouts.
The exaggerated use of re-entries makes it become a perpetuum mobile, an infinity-machine that can be filled automatically by only a few participants filling all the positions.
Only the first few participants will have to recruit anyone. After that, all the re-entries will automatically fill up all the positions needed to make the system work on its own (if we ignore the money).
But seriously, we don’t know about anyone who has been cheated by this scheme. But that doesn’t mean it works/worked. It can also mean it failed completely shortly after it was launched.
This scheme seems to have been invented by a 12-14-16 year old guy, trying to show the world his true genius rather than using his head. That’s the only group of people I know about able to do mistakes like that, because they will automatically assume their own work is flawless.