GlobalAdShare Review: $10 ad pack Ponzi scheme
There is no information on the GlobalAdShare website indicating who owns or runs the business.
The GlobalAdShare website domain however was registered on the 21st of July and lists an “Asher Winata” as the domain owner. An address is also provided in the US state of California, however GlobalAdShare appears to be actually based out Texas.
As per the GlobalAdShare Terms and Conditions:
All arbitration must occur in The State of Texas, in The USA.
Winata also lists his location as Houston, Texas in various social media profiles.
In one such profile, Winata describes himself as having
always been an entrepreneur and own(er of) several online/offline businesses. I jumped into online ventures a few years ago because of the challenge to help the 98% who never make any money online.
I started a computer software company in 1982 and was a consultant for several Oil & Gas companies, which includes Shell Oil, Conoco, Exxon Mobil, Fluor Daniel, and Global Marine.
I developed a well-mapping software, an inventory control software, and a mooring stability software which is still in use today.
In addition to his non-MLM ventures, Winata has also launched at least two MLM business opportunities in the last year.
The first was a Facebook clone called “Affiliate Community”. Launched in late 2012, Affiliate Community was your typical MLM social network that led with free membership but offered “premium (gold) membership” to affiliates who ‘want to earn more income‘.
Free members have the same access and privileges as premium members, the only difference is premium members can earn more income from the community.
Up to 75% of our profit will be donated to charities and distributed among members (10% to homeless charities, 10% to animal charities, 20% to free members, and 35% to upgraded members).
Our revenue comes from advertisements, product sales and membership fees.
With Affiliate Community failing to gain any traction Winata then launched Oodle Ads in July of 2013.
Oodle Ads charged $25 for affiliate membership, with affiliates then able to make $25 investments with the company on the promise of a 150% ROI.
We share 100% of the sale profits that is generated from members who purchased our advertising packages back to our members.
As per the above, which is taken from the Oodle Ads FAQ, the company simply takes new money from affiliates and pays it back out to existing investors.
Read on for a full review of the GlobalAdShare MLM business opportunity.
The GlobalAdShare Product Line
GlobalAdShare has no retailable products or services. Instead, GlobalAdShare affiliates buy “ad packs” for $10, with the company guaranteeing an eventual 150% ROI ($15).
Bundled with each ad pack deposit are a series of advertising credits, which affiliates can use to display advertising on the GlobalAdShare website.
The GlobalAdShare Compensation Plan
GlobalAdShare accept $10 deposits from affiliates, which are made on the promise that the company will eventually pay out a 150% ROI ($15) on each deposit.
Your Ad Pack will mature/expire once you have earned 150% of its cost (during its life) from profit sharing, commissions, and bonuses.
25% of all ROIs paid out to affiliates must be re-invested back into the scheme, via the purchase of more ad packs.
A 10% referral commission are also paid out on ad pack investments made by personally recruited affiliates.
When a GlobalAdShare affiliate joins the company, they are placed at the top of a 2×4 company-forced matrix.
A 2×4 matrix has 30 positions under the affiliate at the top (note that the above example omits the fourth level). These positions are filled via the recruitment of new affiliates, with each 2×4 matrix in the system filled company-wide (as more matrices are generated they take longer to fill).
When an affiliate’s 2×4 matrix is full of newly recruited affiliates, the company pays out a $15 commission.
Each GlobalAdShare affiliate receives their own 2×8 matrix. This functions the same as the 2×4 matrix, however it extends down eight levels instead of four.
The other difference is that an affiliates 2×8 matrix is only filled via their own recruiting efforts and that of their up and downlines.
Commissions are paid out of affiliate membership fees, with total matrix commissions capped at $255 a month.
GlobalAdShare do not clarify the specifics of how much of a commission is paid out per position filled in an affiliate’s 2×8 matrix.
P-Cycler and U-Cycler Matrix Commissions
GlobalAdShare’s U-Cycler and P-Cycler matrices are a series of three matrices (one 2×1 matrix and two 3×1 matrices).
Each time an affiliate deposits money with the company for an ad pack, a position in both the U-Cycler and P-Cycler matrices are created.
Once these matrices fill, GlobalAdShare pay out a commission as follows:
- U-Cycler – $1 (2×1), $2 (3×1) and $3 (3×1)
- P-Cycler – $2 (2×1), $3 (3×1) and $5 (3×1)
Note that cycling out of the third 3×1 matrix creates a new position in a new 2×1 matrix, with the cycle process repeating again.
Referral commissions are paid out when a GlobalAdShare’s personally recruited affiliates cycle out of both cycler levels, paying $1 when a recruited affiliate cycles out of either of the two 3×1 matrices.
Cash Pool Bonus
GlobalAdShare take $1 from every ad pack deposit and put it into a Cash Pool. When the Cash Pool reaches $50,
$2 will be awarded randomly to 25 members (20 members with $0 balance and 5 members with less than $15 in their account balance).
Affiliate membership to GlobalAdShare is $15 a month.
We have designed and created the next generation software that combines a revenue sharing, a matrix, and a cycler system all in one place.
If you like revenue sharing programs but disappointed because none of them last very long and if you like matrices and cyclers but not cycling and earning fast enough, then you have come to the right place.
With no retailable products or services (and thus no retail revenue), and affiliates paid a 150% ROI from newly invested affiliate money, GlobalAdShare fits the definition of a Ponzi scheme.
Affiliates make $10 investments with the company on the implication that they will in return eventually pay out $15 on each investment. The advertising credit service is unrelated to the commissions structure, serving only as a front to GlobalAdShare’s core Ponzi commission mechanic.
Despite this however, in their FAQ GlobalAdShare insists that it’s legal and not a Ponzi scheme.
13. Is GlobalAdShare legal?
Yes, we are. We are paying commissions from actual purchases of advertising within our system.
We are not paying a percentage… we are paying you commissions from other members who paid already. So the money is real. It is coming from the actual money received by the system.
It is a traditional business model where you get paid from profits and not from money that will be received from future payments which is what a ponzi really is.
Your commissions and the money in your account is real money, you can cash out anytime and get paid within 24 hours!
For starters, the percentage ROI is indeed implied, however that is neither here nor there when one considers that implied or not, a specific 150% ROI is the only reason GloblAdShare affiliates invest in the first place.
With GlobalAdShare’s “profits” being sourced 100% from affiliates and paid out to existing affiliates on positions that have not yet reached a 150% ROI, GlobalAdShare demonstrate a thorough misunderstanding of what a Ponzi scheme is.
A Ponzi scheme cannot pay out on money it hasn’t yet received, and as such every Ponzi scheme pays out with “real money” (excluding virtual currency Ponzi points MLM revenue-sharing models).
It is the shuffling of new affiliate money to existing affiliate investors that defines a Ponzi scheme, not whether the money is real or not.
In summary, GlobalAdShare is your typical advertising based Ponzi scheme with an attached feeder matrix system, designed to retain new investors and keep recruitment of new investors up.
If new affiliate invested money dries up, so too will the daily ROI and matrix commissions paid out. Monthly affiliate fees will prolong the inevitable collapse, however they also act as a double-edged sword in that it is additional money affiliates are pumping into the scheme.
Regardless, despite the claims of infinite sustainability on the GlobalAdShare website, sooner or later the scheme will run out of real money and collapse.
I have been in Ponzi Schemes before and this is not one. The reserve money will allow growth to continue.
Could it still collapse? Maybe thats why u should simply continue to pull money from it and if it goes away u still make profit. ALL THINGS business have risk
Reserve money? Whatever money the admin uses to float the company will expire once withdrawals exceed new investment.
Reserve money does not negate GlobalAdShare taking new affiliate money and using it to pay out existing investors, thus it’s a Ponzi scheme regardless.
It seems like GAS could be a Ponzi but the way the system works allows the WISE investor to make money and cash out like the previous commentor. You only loose what you have paid into GAS. Once you start making money you use your Reserve to finance your next ads. Then cash out when you can to retain a profit and/or pay for the monthly fee. This makes you not financing the system with your own money.
And where do you think their “cash out” comes from?
The business model makes GlobalAdShare a Ponzi, not whether it pays people (with is with affiliate investor money in any case).
SO far I have had very good luck with Globaladshare. I would consider myself at the break even stage. I have seen worse program
A little mystery regarding the GAS site. The main page talks about maintenance, saying the site will be back in a few minutes, but it’s shown that maintenance page for about 24 hours.
The sales pages are still effective though. I tried one, I clicked on the Sign Up link, it looks like it works. I didn’t complete the process, since your article makes it very clear it’s a Ponzi.
I know many people who believe the owner is a good guy. People hear what they want.
I wonder why the site says to not log in but allows new members to join. Do you think it’s a technique used by scammers to get even more money before running away with it ?
Although there isn’t any clear indication on the website itsef who really owns or operate the said fast moving advertising company called Globaladshare, but the first real time observations and experiments I did is to click on the square banners repeatedly for so many times everyday and traced back the referrer of the most frequently displayed banners which then points to Mr Asher Winata.
To the controversy of whether it will collapse or not, I should say that within about 10 months now operating online I’ve never seen an obvious slowing down of its growth.
The mere fact that buying of Ad Packs are limited to just one each day (excluding that of Premium & Standard 2pack Limit/day) strongly indicate that whoever is operating the said Advertising company has a genuine cares for all members.
Furthermore, if an admin is running a ponzi scheme, he/she has to make the pouring in of money to the system the soonest possible time to generate HUGE amount then shutdown the company or SELL it to someone else(transfer) and get millions on funds to his/her account.
GlobalAdShare has inspired me to get involve advertising with them after few months following its performances on one of my favorite lines I’ve read that goes like these:
“…there is no preset time, frequency, amount, or percentage for profit sharing. It varies throughout the day depending on the number of sales (upgrades and purchases). There is no time limit to our longevity as we will never operate our business on negative cash flow.”
… and on top of many other benefits I finally decided to joined last Feb 20th and start my upgraded subscription right away and buy several different Ad Packages….
the RISKs? … well all business have their own risks. Good rule of thumb as always: “never spend more than you can’t afford to…”
Ponzi schemes collapse based on mathematics. You can’t pay out more than you bring in.
Time has nothing to do with it, although most online Ponzi schemes collapse at around the two year mark or earlier.
Or it could mean they like bananas. Or have a speech impediment. Or live in a three-story house.
Really, if you’re going to pull stuff out of your ass at least have it make some sense no?
That’s one way to do it. Another would be to run the slow game, and skim a little off the top as time goes on.
Convincing investors like yourself that there’s even the remotest possibility of legitimacy strings the scheme along for longer, possibly resulting in a larger windfall than the quick pump and dump.
Horseshit. You’re in it to collect your ROI from suckers who invest after you.
Anyone serious about advertising doesn’t go anywhere near these advertising credit Ponzi scheme scams.
Whatever you have to tell yourself to sleep well at night chief. You’re a Ponzi pimp, the very least you can do is own it.
We all are in an online advertising and it does requires us to spend something either in cash or in kind, or should I say spend dollars or spend time.
If anyone decide to place an advertising, let’s assume on Facebook, the advertiser spend few minutes of his time figuring out the best package and then squeezing from his advertising funds any amount he intend to use for such campaign… let it run for a week or few days and he got the target hits to his business, and wait if it will convert some of those “hits” to sales.
If it doesn’t do generate any single sale then he gots nothing in return for his money spent except for the hits back to his business.
GlobalAdShare, clearly defines that it not only make “returns” on your advertising purchase from the the money spent by people joining after you, but also from percentage of the money spent by other advertiser who has been there long before you did.
In other words, there can be an instance that if anyone joins/upgrades today he or she possibly can generate some amount from people who joined months before he/she did… it was very clearly happening on one of the feature called “reverse matrix”.
Anyway, placing any advertising campaigns anywhere like on AdHitz Ads or anywhere else like on search engine like Google or Yahoo or on Social media like twitter or facebook are all serious involvement of anyone’s advertising budget.
You just described a Ponzi scheme: you’re taking money from other people who joined up.
And you don’t even see it, do you? Where does the EXTRA money come from? WHO actually buys advertisement from GAS WITHOUT expectation of returns?
To answer that, you need to ask an even MORE obvious question: who watches ads from GAS? The clear answer is… People like you, who already put in money. REAL advertisers go to AdMob, Google, DoubleClick, and so on.
Hahaha… If I was use my precious money in advertisement, what I will chose? Google ads, Facebook or GlobalAdShare?
The companies with large number of people view and show the ads for people with more chance of success or by a dubious company with MLM strategy?
Didn’t you realize that all banners being rotated on all pages of GlobalAdShare are all visible not only to members of the said company but also anyone else… so that means that if there are only 20,000 members for now doesn’t necessarily means advertisers in there has limited exposures to that number.
does it mean too that only people who are commenting on this particular review by BehindMLM are those who watches the banner Advertisements right there on the sidebar? I don’t think so. Nope…!!!
anyone who obviously “landed” on this particular article maybe able to see and check or visit those banners displayed here. Clearly follows that not only members of GAS watches the banners displayed on the pages of said company, but anyone who come across the site from any source like on searches they made with their favorite keywords.
Facebook has legitimate eyeballs to advertise to.
GlobalAdShare only has Ponzi pimps. The only sort of advertising that works there will be the advertising of similar Ponzi schemes.
As I said, nothing legitimate.
Ding ding ding, there are no other advertisers. Legitimate advertisers aren’t looking to market on trashy Ponzi scheme sites.
Oh of course, if those earlier investors re-invest then why not?
Still a Ponzi scheme.
None of those are Ponzi schemes.
Kind of irrelevant when the only visitors to the site are Ponzi pimps looking to collect their ROIs.
Legitimate advertisers are not interested in the “I don’t care about advertising, where’s my ROI?” demographic.
Commenting on a review != investing in a Ponzi scheme.
Nobody is “coming across” GlobalAdShare unless they invested and want a ROI, or are a new investor being recruited by somebody.
And you’re going to talk about search keywords for a Ponzi investment site? Cmon now.
Alexa pegs search traffic to the domain at around 1.1%.
Of that 1.1% the keywords “globaladshare”, “global ad share”, “ad share”, “adshare” and “global ad shares” make up 99.22% of the keywords used to find the site.
Or in other words, only Ponzi pimp investors are visiting GlobalAdShare via search, because their too lazy to type the URL into their browser directly.
Non-investors are going to use their “favourite keywords” to find the site? You’re full of shit son.
If I had +0.1% ROI for every time that argument is used to justify a Ponzi…
how would you say that nobody is coming across GlobalAdShare while in fact lots of trusted Top Traffic Exchanges owners and Viral Mailer admins are into it. The fact that my direct sponsor is a very successful TrafficExchange operator/owner, makes sense to many other active affiliate marketers.
Can you not read? Nobody is coming across the site organically, which is what is important to legit advertisers.
Yeah… Protip: Nobody cares about your Ponzi rings and traffic exchanges. Especially legit advertisers.
The only people that give a damn are Ponzi investors, like your upline.
And you’re not fooling anyone with “active affiliate marketers”. You and your upline are dirty Ponzi pimps. Own it.
(Ozedit: Please don’t requote yourself without reading other replies. You make yourself look silly.)
If you had bothered to actually understand the web advertising model you’d have seen that the ads on BehindMLM came from DoubleClick.
You clearly have no idea what you’re talking about and you don’t even realize it.
Every single ad on your site is geared to trap people into joining another scheme. Any legit advertiser would never ever even bother wasting money on this site.
Why would I advertise my T-Shirt business on this silly site?
Oh perhaps some ponzie pimp might like to order a ponzie shirt which I can produce. GAS Pimps For Hire.
Your strong belief George can make it happen, and so simply go for it.
^^ Yeah so uh… that’s not really how Ponzi schemes work.
Sounds like a religion with a lot of faith. What did the Bible say about Balaam and his donkey? Hmmm?
I have been exposing this Ponzi at MMG for quite a while now. I mentioned that GAS is not registered to do business in Texas, and therefore was not a legal company.
I was told that GAS was not required to be registered in Texas, and the reason given was because (and I quote):
So there you have it. GAS is a sole proprietorship and only has to be registered online as it is an online company. And since GAS pays out 100% of profits, it has no taxes to pay in Texas. I kid you not. That’s what I was told.
Now for those of you who are here defending this still want to claim this is not a Ponzi? If you still believe it is real, I have a bridge for you to buy and I know you’ll buy it.
Just a quick note….if you scroll down to the bottem of the page, you’ll see a uFun banner there. Nah, no ponzi here! Yea, right!
I think it is a ponzi scam. Can not find where to delete my account.
If a site does not make it obvious where you can delete your account, there is something wrong.
Best bet would be through your pay prossessor, Paypal etc. and close it from there.
Oz… just a quick note. Global Ad Share just rebooted, you might take another look at this.
They’ve added a bunch more cycler levels but otherwise it’s the same?
Yea, same ponzi.