Divvee delves into forex. Ryze AI? Hodo Global? Travis Bott?
Divvee launched mid last year to a lukewarm reception.
The company provided access to discounts for $9.95 a month, which never really took off with retail customers.
By the end of the year the company had added “Rank and Share” to its offering.
Divvee’s Rank and Share saw affiliates and free customers rewarded with points for rating mobile apps.
On the backend Rank and Share directly and residually on the recruitment of new Divvee affiliates.
Initially Rank and Share sparked renewed interest in Divvee, however from March interest once again began to wane.
Last month Divvee corporate and its affiliates began marketing something called Ryze AI.
Ryze AI is billed as a forex trading bot, attached to the free MetaTrader4 trading platform.
MetaTrader4 allows ‘end users to write their own trading scripts and robots that could automate trading‘, which is where Ryze AI enters the picture.
If you punch “Ryze AI” into Google, the results are dominated by listings tied to Hodo Global.
Hodo Global is a travel savings MLM opportunity launched last year. They sell access to Ryze AI, which they describe as an “automated investment future”, for $199.
Despite announcing Ryze AI back in January, interest in Hodo Global has continued to decline throughout 2017.
Like Divvee, Hodo Global are quick to point out in their Ryza AI marketing videos that they themselves don’t provide the trading bot. They merely sell access to it through a license.
A Ryze AI brokerage FAQ on the Hodo Global website links to a document titled “Capital City Markets FAQ”.
As per their website, Capital City Markets claim they were
established by an experienced team of Forex specialists and financial service professionals with a desire to create the ultimate trading experience for both retail and institutional traders.
No information about who owns or runs Capital City Markets is provided on their website. The Capital City Markets website domain itself was only registered in November, 2011.
The company does however claim to be “registered with and authorized by (the) Vanuatu Financial Services Commission”, which brings us back to the Hodo Global FAQ.
First frequently asked question?
1. Why did Capital City Markets (CCM) decide to incorporate in Vanuatu?
After careful consideration and understanding HODO’s international marketing capabilities, CCM decided to get licensed in Vanuatu for a variety of reasons, a few of which are listed below:
a. Vanuatu has recently passed legislation via the Vanuatu Financial Services
Commission, in effect regulating the currency trading (FX) industry.As such, CCM has procured the Security Dealer License, becoming one of the first entities to attain said regulation.
CCM’s first mover advantage will allow us to capture marketshare in a key geographic market in targeting South/East Asia.
b. Flexibility. Unlike peer regulators in alternative jurisdictions, VFSC has decided that vigilance and not over-regulation will be the metric by which governance will take place.
CCM will be able to offer customized trading conditions to their underlying clients in catering to leverage, hedging, trading and funding concerns.
c. Banking. Global counterparties (banks and payment service providers) view Vanuatu from a favorable standpoint and offer banking services for our clients.
d. Operations. Although the corporation is domiciled in Vanuatu, all of CCM’s operations will be sourced from the European Union.
Clients will benefit from personal customer service when addressing concerns such as onboarding, funding as well as trade-related inquiries.
Buried among the waffle are the two key takeaways;
Capital City Markets is a shell company run by person(s) conducting business in Europe. They chose Vanuatu because there’s little to no regulation there.
Note that the only public tie to Europe Capital City Markets has is a UK phone number provided on their website.
These are your first major red flags with Ryze AI.
A legitimate forex trading company should have nothing to do hide, be transparent and registered in a reputable jurisdiction.
Instead Capital City Markets presents itself as a lopsided setup designed to provide maximum protection to individuals running the company.
Other than the intention to eventually screw clients over, I can’t think of why a reputable forex trading company would be set up this way.
And that’s just the first question in the FAQ… as you read on things go from bad to worse:
Client’s funds are received in the company’s fiduciary segregated client bank accounts.
The funds are “off-balance sheet” and cannot be used to pay back creditors in the unlikely event of default/bankruptcy.
Translation: If we steal your money, we’ve stashed it away such that you’re not going to be able to do anything to get it back.
Curiously, there’s no mention of Ryze AI on the Capital City Markets website. Nor was I able to tie Divvee to it.
Divvee are much less forthcoming about who’s behind the platform.
In a marketing video uploaded to YouTube on June 21st, Divvee’s President Lance Conrad introduces Travis Bott.
As the screenshot to the left shows, Bott is introduced as the “Director of Ryze”.
Hey guys, super excited to be here … I’ve had fifteen years experience in the industry.
(For) the last three years of my career I’ve actually spent (it) helping develop this product that we’re calling Ryze.
On his LinkedIn profile, Bott cites himself as CEO of CTB Rise International since 2015. That’s not quite three years but close enough.
According to Corporation Wiki, CTB Rise International is a Texas corporation that is “no longer active”.
I wasn’t able to find any links between CTB Rise International or Capital City Markets… but four months ago Travis Bott was promoting Ryze at a Hodo Global affiliate event.
If Bott is part of Capital City Markets, that information is not public.
In the Hodo Global video, Bott explains a subscription model for Ryze that permits affiliates to deposit up to ten million dollars with the company. The more invested, the higher the subscription fee charged.
Hobb shares the details of his own Ryze “1.0” account and claims he
funded $700,000 about nine months ago. And that account is now up to nine hundred and fifty something thousand dollars.
Right? So $250,000, a little over that in closed profits.
When you average that out over the period of time it’s about 4% a month.
Remarkably, despite the obvious passive ROI nature of Ryze AI, Bott claims it’s “not an investment”.
Just a few minutes later however, Bott goes on to give an example of how Ryze works;
If you put in $50,000 and you got a 4% return, what would that be?
Two thousand dollars right?
Several times Bott stops himself mid-sentence from “guaranteeing” Ryze AI returns. He instead prefers to use the word “assured”.
But uh yeah… Ryze AI is totally not an investment platform.
Despite Ryze AI seemingly going nowhere with Hodo Global over the past seven months, this is now the same platform Divvee are gearing up to launch.
Putting all of what we know together, both Divvee and Hodo Global are US companies pitching an automated forex opportunity to US residents.
Be it through Capital City Markets or CTB Rise International or however else Travis Bott and whoever he’s working with have set it up, at the end of the day the appearance of an offshore corporation is pseudo-compliance.
Funds are paid to Divvee and Hodo Global to access the platform, meaning on some level both companies payment processor systems are tied to that of the actual owner of Ryze AI.
That’s of course assuming Bott and those he’s working with don’t on some convoluted level have direct ties to Hodo Global and/or Divvee’s owners.
So why all this secrecy?
Well to offer securities in the US you need to be registered with the SEC.
Neither Hodo Global, Divvee, Capital City Markets, CTB Rise International or Travis Bott are registered with the SEC.
This makes Ryze AI an illegal unregistered securities offering across the US.
Regardless of who is ultimately providing the platform, both Divvee and Hodo Global are US MLM companies pitching Ryze AI to their US affiliates.
As it stands Alexa estimates that 75% of traffic to the Hodo Global website originates out of the US. In Divvee it’s 44%, with the US being the largest source of website traffic for both companies.
And whether there’s more too it or not, I feel compelled to point out that Hodo Global’s corporate address is the same as that of bHip Global.
Terry LaCore owns bHip Global and settled securities fraud charges for $50,000 in 2008.
What I haven’t mentioned up until this point is Ryze AI has its own website over at “ryzeai.com”.
The domain was registered to Travis Bott on December 6th, 2016.
An address in Mckinney, Texas appears on the Ryze AI website, which is the same corporate address provided on the Hodo Global website.
This is a different address to that of bHip Global, which was swapped out on the Hodo Global website for the Mckinney address.
But I digress. Whether LaCore is involved or not ultimately doesn’t matter.
As a Ryze AI investor you’re handing money over to people who’ve gone out of their way to avoid regulatory scrutiny.
Through Ryze AI you don’t know who you’re handing your money over to, where they’re operating from or what exactly you’re doing with your money.
You might be provided some token trades to follow through the company, but nothing that will show you dollar for dollar where your ROI came from each month.
That’s sort of the point though. Ryze AI isn’t being marketed to people who understand the ins and outs of forex trading.
Hodo Global and Divvee affiliates are being pitched on the concept of depositing money with Ryze AI and collecting a passive ROI of about 4% plus what they initially invested at the end of the month.
Should the SEC investigate Ryze AI and its ties to Hodo Global and Divvee, this probably isn’t going to end well.
The video I watched,they said Ryze is optional .I could care less about Ryze.ia.
Now,as a Divvee member who the likes “rank and share”.(which has been getting better) My opinion it is the first time in the marketing arena that real advertisers are paying for real opinions..
If R&S goes away, I ^ PARDON THE GRAMMaR GOES…
Just a little more detail on “Rank and Share,” it was never exclusively about rating mobile apps, that was more or less the gravy of the pitch.
Rank and Share is a regurgitation of every “Get Paid To” (GPT) website out there. Take an online survey, make 20 cents, purchase a product and leave a review, receive a 50% rebate on the purchase of the next product. That sort of thing.
But Divvee added a multi level aspect so instead of making 20 cents for taking that survey you’d get 10-15 with the rest going to your upline. It has been every bit as successful as you could expect it to be.
Which is why Divvee added a travel portal which has been every bit as successful as you would expect it to be as well.
And now, Ryze, the totally not an investment passive income program. Hodo Global is not the only MLM customer for Mr. Bott’s fully automatic and fully, well not guaranteed but certainly assured forex trading software.
Beside Divvee Travis Bott has entered into a worldwide, non-exclusive license agreement granting use of his software to Investview Inc.
Who the heck are they? They are Wealth Generators 2.0. Annette Raynor, Ryan Smith and while his name isn’t on any of the official filings M. Arthur Romano executed a reverse merger folding Wealth Generators into Investview (OTC:INVU) and taking control of the company.
They also renegotiated the deal Wealth Generators signed earlier in this year with Travis Bott’s CTB Rise. They no longer pay him royalties but instead gave him 80 million shares of INVU common stock.
20 million additional shares can be added if the software is capable of generating 2% ROI for three consecutive months. That 20 million share bonus can be awarded twice but never will be because of the performance requirement.
An open remark to Lance Conrad. It would be very easy to like you Lance, you say so many of the right things, about where the industry is and where it really needs to go. Then I look at the bilge water like Ryze that you are hoping to float Divvee with.
Rank and Share will never be a significant revenue center, even you must see that by now. The problem is close to 20 years of Get Paid To website history and hundreds of established GPT websites all competing for the same partnerships you are.
The “Yea but we got an app” thing is working as well for you now as it ever will. You have less leverage today than you had one month ago. You are the public face of Divvee, there are worse things than coming out and admitting “this company has never worked and never will.”
And yes, selling already failed forex robots is one of those things.
Looks like Divvee needs to lose their tainted name. Appears it’s now “Socialyze” See FAQ at bottom of the page: ryze.divvee.social
This has been a disastrous rollercoaster ride. I can’t imagine a new name and attaching themselves to Ryze will make things any better?
Are Divvee and Hodo Global merging? All of the “leaders” seem to be involved one way or another in both deals
I don’t know what to make of all this. It would appear that all of these characters mentioned are now merging all their operations into yet another company that will be known as Nui meaning share the good.
I do wish there was more transparency in how this operation is really setup.
Also having offshore accounts is not illegal in any way and most of the Forex operations have similar setups. Apple holds over $200 billion in offshore accounts so nothing new here. The proof as the saying goes will be in the pudding or secret sauce.
If the Ryze platform delivers and returns profits and full liquidity options with no hassles then this will be a unique situation.
I am not sure where or how the author decided that this represented a burned out Forex trading bot. AI algorithms are becoming the norm on the financial landscape and the challenge for certain trading markets is trying to keep up.
At the end of the day they are only as good as the person who programmed them.
With regards to Ryze there isn’t much said about who actually wrote this masterful algorithm and how or if the person will constantly modify it so that it can always compete with the slew of other AI bots that will flood the financial sector.
aren’t running an investment opportunity and are thus entirely irrelevant.
Where your money is held matters in MLM forex companies – because so many of them are scams. When a scam goes bust, you’re not getting your money back from hidey-hole offshore shell company accounts.
Can’t be unique, Ryze has already launched on multiple platforms prior.
See above. Don’t you think Ryze would have taken off by now on the other platforms if it was all it’s cracked up to be?
Well, it look like the South WILL “rise” again….. in Utah no less.
opencorporates.com/companies/us_ut/9887676-0143
12227 N BRIDGEGATE WAY HIGHLAND, UT
Address listed is for Travis Bott and Cassandra Powell
neighborwho.com/Bridgegate-Way-Highland-UT-addresses/
What’s WESTMYN got to do with it?
sec.gov/Archives/edgar/data/862651/000165495418009883/inuv_ex1037.htm
Westmyn is one of Bott’s shell companies. Which you already know.
Look if you have a point to make then make it. Cryptic sledging = tedious.