JubiRev & AddWallet: MLM revenue-sharing in crisis
Revenue-sharing, profit-sharing, a daily leadership bonus, daily bonus pool, a VIP points pool, a retail profit pool… whatever you want to call the latest attempt to marry MLM to the Ponzi scheme business model, the good news is that this industry damaging niche appears to be on its last legs.
Today we take a look at the last two major revenue-sharing MLM companies still in operation, AddWallet and JubiRev.
Why these two companies? By and large they are seen as the last two major “we are not a Ponzi scheme” MLM companies still in operation today. The final twin bastions of so-called legitimacy in the Ponzi points business model.
Both companies initially attracted investors on the heavily repeated profession that their revenue-sharing schemes were above-board and not just rehashes of the Ponzi points schemes flooding the MLM industry.
As collapses appear on the horizon and declining daily ROIs plague the MLM revenue-sharing niche, how have AddWallet and JubiRev weathered the storm?
AddWallet is undoubtedly the closest to a straight up and up Ponzi scheme out of the two companies. Launched suspiciously on the same servers as the failed Ponzi scheme Wealth Creation Alliance in early 2013, upon reviewing AddWallet I concluded that
The whole “Retail Profit Pool” meanwhile is pretty much just a member-funded investment scheme. Given that it’s obviously only going to be funded by AddWallet affiliates, why AddWallet have decided to call it a “Retail Profit Pool” is beyond me.
In anycase, members invest in units and then earn a daily ROI subject to the completion of a pointless task. View seven ads a day, pat your belly, drink 9 cups of coffee… take your pick because it doesn’t really matter.
With no other identified revenue source and nothing being sold to retail customers, all that matters is that members continue to invest real money and recruit new members who also invest new money in advertising units to keep the scheme afloat.
Quick to respond, albeit unofficially, AddWallet dismissed concerns raised about their business model, with affiliates told the following:
Yes, this has come to the attention of AddWallet and Brandon Bradshaw, who does not want to get into a match with (Oz), behindmlm, which has his information incorrect.
Do not always believe what you read on these websites, he doesn`t always get it right. Those are false rumors being spread by people with selfish motives… people just jump to conclusions without bothering to find out the truth..
In a couple of weeks, the ADDWallet site will be moved to servers in Ecuador…that is where ADDWallet’s CEO Louis Cordero is based….Brandon, their VP from USA will also be moving to Ecuador next month.
I have spoken to Brandon and Lee from the ADDWallet management team, and I specifically asked about whether they had any connections with the WCA management….they explain to me the above, and also laughed and said that WCA management team were a bunch of rookies…
AddWallet management have a lot more experience in internet businesses and online marketing.
Soon you will see the AddWallet address and phone number up on their website, and they will be welcoming members to take the trip to Ecuador and meet with them.
As is typical with Ponzi points MLM startups, as new investors came on aboard in the initial months following AddWallet’s launch things looked to be going well. The daily ROI sat well above 1%, AddWallet affiliates enjoyed their passive returns and were actively promoting the business to increase their point balances.
Fast-forward to May 2013 however and things began to fall apart.
Coincidence or not I have no idea but in the same week the Liberty Reserve payment processor was shut down by the FBI for money laundering, AddWallet’s daily ROI plummeted.
It is noted that AddWallet didn’t receive or pay out affiliates using Liberty Reserve, but whether or not the company held its own money with the payment processor or re-invested affiliate money in similar schemes who used Liberty Reserve has never been publicly clarified.
Following the dramatic drop in daily ROI percentage being paid out, AddWallet scrambled to reassure affiliates that they had things under control, blaming the reduced ROI on a “company-wide DDOS attack”:
Yesterday there was a company-wide DDOS attack, meaning that all external revenue sources were under attack. Subsequently no money could be made.
As the days went by and the daily ROI continued to hover around the 0.4% mark, AddWallet was quick to put out another affiliate announcement in the hope it would restore confidence:
As most of you know we have had an unusually low profit share for the past few days. This was due to a large attack on our servers and slowed revenues of the company. Once all the servers are fully functional then revenues will begin going up once again.
This will correct itself over the next couple of days and everyone will see restored activity. We are an online business and we will experience such things from time to time so please, just be prepared for it and don’t panic.
We do have a talented group of people behind the scenes that help us through online attacks, so know that nothing will be permanent.
How did affiliates respond?
The smart ones tried to set their withdrawals to the maximum whilst simultaneously urging their fellow affiliate investors not to pull their money out of the scheme.
No doubt hemorrhaging money as affiliates went into a panic, the company responded by sending out another email:
As most of you know we have had an unusually low profit share for the past few days. This was due to a large attack on our servers and slowed revenues of the company. Once all the servers are fully functional then revenues will begin going up once again.
This will correct itself over the next couple of days and everyone will see restored activity.
And prohibiting affiliates from withdrawing any money out of the scheme by initiating a company-wide compulsory 100% re-investment rate.
Now, almost a month after the initial ROI drop the mandatory 100% re-investment rate has been lifted, however AddWallet’s daily ROI percentage remains well below the 1.11% daily ROI affiliates need to break even (ignoring point expiration, AddWallet points expire after 90 days).
Compounding this ongoing problem are reports of wildly differing daily percentage ROIs being paid to affiliates (selective payments?), Ponzi points disappearing and retiring in an abnormal manner and the suspension of the company’s “Points Retirement Calendar”, leaving affiliates in the dark as to what exactly is occurring behind the scenes with their point balances.
After a month of reassurances that things will get “back to normal”, now it seems the declining situation has escalated to breaking point.
Previously the public face of AddWallet, Vice-President Brandon Bradshaw appears to be no longer taking affiliate’s calls:
Sent Brandon numerous emails, no reply as to why it took forever to “processing” my payment.
I am really mad!! Sending numerous emails to Brandon and no reply at all!! Think I am the only one left out! What shall I do????? Help!!!
Has anyone had a resolution to the problem of AU’s disappearing?
I sent an email to Brandon 6 days ago, but as usual- NO response
Well, earnings today are less than yesterday. Out of 7798 points I earned less than 20 points. Still no response from the company on this issue.
AddWallet affiliates have also taken to social media to complain about the various problems they’ve experienced:
Wow. Addwallet is dying off fast. The past 7 weeks has been a disaster. I have had my account hacked and seen earnings dry up to nothing. Wow.
Today got $10 on 7800 points as Diamond, it won’t even pay for my monthly subscription.
I don’t know how they can have these conference calls and not address the critical issues, just white wash them.
We need REAL updates on the call. Why is the RPP NEVER really discussed on the call? I think at this point it should be the first thing discussed.
I am not sure what we are supposed to tell our downlines? The RPP was supposed to be fixed a few weeks ago?
It is good payments are coming, but it is hard for a downline to be enthusiastic and recruit if you are making pennies daily.
Also, looks like my commission is $100 for last week but they haven’t put it into my account.
No one is going to join under this scenario and no one is going to promote AddWallet.
As I understand the current situation, currently the daily ROI paid out to affiliates is hovering somewhere between 0.16% – 0.4%. Some affiliates are being paid, with others left waiting and wondering what is going on.
Meanwhile over at JubiRev, following the gradual decline in daily ROI paid out to affiliates over the last few months, the company abruptly engineered a massive backflip a week or so ago and abolished their passive investment model.
Declaring the “revenue-sharing model as we’ve come to know and love it” dead and buried, the company announced it was dropping its passive investment Ponzi points model.
We’re still waiting for official company produced documents outlining the new JubiRev compensation plan in its entirety, but in the meantime angry affiliate investors have been left wondering where their money went.
A major problem in the case of JubiRev, one which makes it hard to see the compensation plan change as anything but a bait and switch, was the heavy encouragement within the company to invest as much into the company as affiliates could afford, and the recruitment of new investors on the proviso that JubiRev was “100% legally compliant”.
Top affiliates within the company routinely urged their downlines to target what they referred to as “low-hanging fruit”, namely affiliate investors from other MLM revenue-sharing schemes that had recently failed or abandoned the business model due to legal concerns.
Additionally, also endorsed was the use of third-party “customer vendors”, who continued the revenue-sharing tradition of selling affiliates fake customers so that they could automate qualification process to receive their daily ROI.
This environment and culture within the company only made the recent and abrupt compensation plan change all that much of a bitter pill to swallow for the company’s numerous passive affiliate investors.
JubiRev had told them they were safe and taken their money. Now they’d pulled the rug out from under them and there was nothing they could do about it.
As details of the new JubiRev compensation plan have slowly leaked out and affiliates realise that the new model resembles nothing like what they signed up for, as is the case with AddWallet, JubiRev affiliates have taken to social media to express their frustration at the company:
People here keep talking about “hyip mentatily” and “passive income” crap but yet that’s the membership they aimed at when they overhyped the “Revenue Share”.
And even today J.J keeps saying on the conference call that you can join and make money “without sponsoring anyone”, yet 1 second after he says that he says “all you have to do is go out and get some customers, give them products” bla bla bla.
So they aimed for the passive membership, they get the passive membership and then they don’t like it.
They will just try to make small changes, lower payout, etc until they can flush out all the passive members as they already have their money.
Unless changes are made, I’ll be done with it and take my losses. I think the daily award will eventually be a thing of the past.
I would also expect to see some lawsuits since as was noted either above or below my note that they say one thing and do something else!
I can no longer work this program. I will never be able to get one of my customers to spend 30 dollars a month.
I believed all the hype that was going around a couple of months ago like I’m sure many others did and unfortunately I spent more joining this program than I have ever done before.
Another lesson learned (which I thought I had already done). So I decided not to send my renewal money for this month and will just kiss that money goodbye.
I guess there was a reason that I never projected what my possible earnings would be with this company.
I did notice that the DLB had been getting less each day before I was no longer qualified to receive it.
I went all in at 5k+ bucks. The $30 a month cv is no problem, but the 10% qs is going to be a real challenge. Yes, the DLB is dropping dramatically.
If I end up needing to write this one off as losses, along with a couple more I’m currently in, I believe I will throw in the towel once and for all and go back to being a 9-5 wage earner… probably would be more happy doing that anyway… life.. what a joke.
I got into this since early April, compounded late last weeks of May and now i regret.
I have over 1100 Jpoints and have cashed out only $69.
Today’s DLB 2.56 for 1107 Jubipoints. 0.23% for today. Pathetic.
Don’t join this ****.
I think a lot of people were duped by these guys, especially coming out of the gate as “fully legal and compliant”. Total Bull****!
I am so p—-ed off they are handing out points like candy 5x points and 10x points bonuses. Our points will become absolutely worthless.
I hope someone starts a class action lawsuit against them.
To the best of my knowledge no affiliates have yet launched a lawsuit against JubiRev, however some are actively encouraging others to file disputes with the payment processors they used to invest in the scheme:
Everyone who can should open up tickets with the processor they used to fund their account.
Payza has refunded me 100% due to the fact jubimax/jubirev has changed their compensation plan. I told them I wasn’t happy with my product because they have not lived up to what they offered me in order to get me signed up.
Sure enough after 7 days of the Payza claim being opened with no response from Jubimax/Jubirev i got my money back.
I’m starting to think that”s the best advice. They really did mislead us.
It really ticks me off the way they acted all ethical and better than all the others because they new how to do revshare right. They know how to do one thing – Bring their company to a screeching halt.
Something serious must have happened that scared them into completely changing the pay plan. I wish they would just be honest and let us know what really happened.
As per the affiliate discussion above, it appears that currently JubiRev are not contesting payment processor disputes over their affiliate’s initial investments.
JubiRev have announced an extension on the JubiPoints affiliates currently have (with how long an extension determined by how much a JubiRev pay the company in monthly membership fees), however investment refunds to those who feel mislead have not been offered.
To the contrary, it seems JubiRev are all to keen to milk even more out of their affiliates with the company just announcing it will be offering the services of MyPhoneRoom to all affiliates.
For an additional $19.95 a month JubiRev affiliates will be provided access to “mobile powered lead capture pages” and for $39.95 a month, “some access to MyPhoneRoom”.
MyPhoneRoom is of course owned by JubiRev President J. Joshua Beistle, with the company stating on their website that they help affiliates “find more leads” and turn them into “red hot prospects”.
Whether asking JubiRev affiliates to pay more money into the company will appease passive investors who feel they’ve been duped remains to be seen.
Conclusion
As evidenced above, currently both AddWallet and JubiRev are going through some major turmoil regarding their business models.
The common link?
Both companies launched with an unsustainable affiliate-funded Ponzi points revenue-sharing business model.
In the case of AddWallet, what the company is hiding is not clear, however obviously something is up if after one month the company’s daily ROI is what it was a month ago when it suddenly dropped to less than 0.5% a day.
Personally I suspect the closure of Liberty Reserve had something to do with it (the timing is just too co-incidental), but until the company comes clean to its affiliates and explains what exactly is going on, they’re in the dark.
JubiRev meanwhile just appears to have run out of money to pay affiliates out with. The company is attributing the recent compensation plan backflip to legal advice, however it boggle the mind that management were not aware that Ponzi schemes are illegal in the US before they solicited hundreds of thousands (millions?) of dollars in investments from affiliates.
Centric to both schemes is the core mechanic of Ponzi schemes wherein those who invest first and recruit others to do the same made off with most of the money.
Not so much an issue with AddWallet, who seem content to let affiliates points expire and keep affiliate’s investments, a major contributing factor to the lack of refunds offered by JubiRev, despite such a dramatic compensation plan change, is that top affiliates with the company have already been paid commissions.
I recall mention of some affiliates topping out at over 100,000 JubiPoints, leaving no doubt that they’d be withdrawing a sizeable chunk of money each day out of their daily ROI.
A few months of that happening and eventually somebody at Jubirev HQ sees where things are going… and before you know it they’ve killed off the golden goose, leaving those at the bottom of the scheme penniless.
For all the talk about how JubiRev and AddWallet weren’t just blatant Ponzi schemes, it’s interesting to note how mechanically, both have pretty much played out in the same manner as Ponzi schemes typically do.
Looking forward the future of both companies remains uncertain. With affiliate confidence in MLM revenue-sharing likely at an all-time low, it seems unlikely that any new companies are going to pop up professing the legitimacy of the business model.
I suspect in the wake of JubiRev and AddWallet what we’ll see is a return to the small-scale advertising credit based schemes that last a few months and then disappear.
It’s been somewhat of an interesting ride since Paul Burks convinced the industry he’d legitimized Ponzi schemes under the guise of a points system with Zeek Rewards, however I for one will be glad to see the era end.
Of course it won’t ever completely die out and I’m sure over time the niche will resurrect itself (Paul Burks’ unwelcome MLM industry legacy), however with each organic failure of the model arguing its legitimacy becomes that much harder.
At the very least I hope those that participate will stop running around pretending these schemes were ever anything but affiliate-funded Ponzis.
No matter how great things might initially look and how solid those ROIs might feel, when you’re just taking in affiliate money and shuffling it around to pay out affiliates who’ve already invested, sooner or later it’s going to crash.
A harsh lesson perhaps, but one a lot in this industry have had to learn nonetheless.
Luckily for Jubi, a decent number of the promoters are getting behind the new plan. Since they have real products that actually work, there is the ability to get revenues back up and nobody will lose anything.
J. Joshua extended the point lifespan by up to 12 months (depending on your rank), which is plenty of time to end up in profit even at the low DLB numbers we’re seeing now.
As these new packages start getting sold, I’d expect it to go back up over the coming months. Nowhere near what it was before, but it no longer has to reach those numbers.
As far as AddWallet, no doubt that it’s been a ponzi from the beginning, and that its chance of recovery is slim to none.
I’m looking forward to your review of the new Jubi compensation plan. While it’s true that people dislike change and would rather have their passive 0.013 rewards per point per day, it’s better that these adjustments were made sooner rather than later. This takes care of any sustainability and legality concerns.
It even still offers the non-recruiters a chance to make money. Getting JubiPoints is just task-oriented now (getting customers who use JubiBucks and/or purchase product either singularly or on autoship) instead of based on how much you can buy and give away.
I’m far from a large builder, and I’ve never cashed out before this. That being said, I’m not worried about getting my original purchase amount and even more out over time through the DLB. And there’s a ton of money in the Fast Start part of the new plan, so I’m going to try and net some $1,000 bonuses in the meantime.
Plus the products are great, so I’ll continue to use those as I have been.
And JubiRev is not a Ponzi? After all, it is patterned after “GoFunRewards” and the reason the parent company ‘eAdGear’ filed suit against JubiRev and Randall Williams. Presently, they are suing each other in Federal Court, each claiming a breach of contract.
You can bet that any revenue sharing program is questionably “legal” purely by their nature and promised ROI.
Wizzard7
Might want to check out the new compensation plan and overall structure Wizzard. We’ll see what Oz has to say about it, but the ‘buy a bunch of JubiBucks and earn an implied ROI’ model is no longer in place. Instead it’s focused around actually moving product (instead of ‘hopefully’ moving product).
The revenue share aspect is still there through the Daily Leadership Bonus, but it’s more a way for beginners (and big builders too) to have a way to earn without having to recruit a lot, but just get customer volume instead. At least as much as it’s possible, the plan attempts to cater to everyone regardless of their skill level, provided they’re willing to put in some work.
And for people who feel like they were blindsided, their points were extended for up to an additional year, which will give them plenty of time to earn their money back through the DLB if they decide this isn’t for them.
Reminds me of the good old “The Golden Path” scam with Stan Jensen, and ‘Math Wizard’ Jason Hall.
Really?? I have requested many payouts and have yet to see a dollar in my JubiAccount Card… Keep getting the run around from support. Doubt I will ever see one cent of my money back… Guess I will let my state Attorney General sort it out.
Really? Three people in my downline requested one two thursdays ago, and was paid promply the following Friday to their JubiCards just as the rules state. My upline has been taking a weekly withdrawal too, but I’m pretty sure they’re either using Payza or STP.
Remember, any cashout made on or before Friday at 5pm EST is paid on or before the following Friday at 5pm EST. So cashing out today, for example, would yield a payment sometime before 5pm EST on June 28th.
What has support been telling you?
He’s probably trying to prevent too many from using chargeback or similar methods. It will collapse completely if people use methods like that.
They will need a stream of MONEY coming in from real customers, from people buying products. Each of the affiliates will need to bring in some real customers, enough paying customers to support their own payouts.
Has anyone seen the products…. it’s like $40 for the energy drink mix that I can get for $2.99 at the store and it not give me a headache… $75 bucks or something close to that for some face cream but it’s in a cheap a** looking bottle.
As a customer I would just take my chances at the Wal*Mart™ These products offer no advantage over the local store product.
Agreed, partially. He obviously doesn’t want people charging the company back. But at the same time, I do believe he’s trying to make sure nobody gets shafted.
I think the extension was a fair response to make up for the drop in revenue (which he talks about openly, unlike AddWallet that tries to hide the reasons)
Exactly. Moving product to customers (who may by once, twice, etc) or preferred customers (those customers on autoships that get preferred pricing now), and selling these new product packages to either promoters or customers will begin generating more revenue.
The climb will be slow, and we’ll never see 0.013 rewards per point per day again, but we don’t need to now that people only earn JubiPoints for performance-based tasks.
However, a percentage of all sales – even those made by big leaders – goes into the Daily Leadership Bonus. That enables people who may not be great recruiters to still earn points by getting some customers and override the success of the entire company. So that part is still there. It’s just no longer front and center, and no longer requires people to drop thousands of dollars to seriously participate.
In my opinion, it’s as close as you can get to a plan that accomodates everyone.
The energy drink is actually pretty much the same price as 5 Hour Energy in the store. The $39.99 gets you 12 of them, and $140 gets you 48 of them. I actually like them better, because you add it to water and it lasts all day, as opposed to just gulping it down in 3 seconds.
I can’t comment on the skin care products personally, but I have people using them that love them. I wouldn’t be surprised if the $89.99 peptide cream is overpriced, but again I’m not sure. People have told me that one bottle of the cleanser and facial cream will probably last them months, because they only have to use a little at a time.
I also have people using the weight loss and protein shake who have lossed anywhere from 5-14 pounds already. I believe those two products are competitively priced. I use the protein shake a lot myself.
I don’t really know what to compare the cardio product to, and can’t tell if it’s had any effect yet, but I don’t have anything bad to say about it either. So all in all, I’m a fan of the product offering. That’s why I joined to begin with.
It’s no different then MiO Energy™ and makes over 18 drinks for much, much less in price.
As for the whole weight loss protein shake… my personal opinion is get off your a** and work out. Stop eating eight meals of junk food a day. There is no “Magic” drink mix gonna make you lose weight.
Jubi better be careful also because I have seen companies get sued real fast for making “Lose Weight” claims. Just my opinion!
Looks like the ingredients in MiO are a lot more diluted (ie, 1 serving has 10-40X less of each ingredient than the Jubi energy). Not sure if that’s good or bad. There’s no doubt MiO is cheaper, but the ingredients compare much more closely to 5 Hour Energy, and those price points are almost identical.
I don’t disagree with working out lol, but there are tons of people out there that use weight loss pills. Delivering products and services that people want is the goal, not judging why they want them. I personally use the protein after working out, or in the morning as a quick breakfast. The ingredients seem really good in it.
There’s may be no magic drink for weight loss, but like I said, I know people who have lost quite a bit of weight already using the Jubi weight loss pills (some of them in conjunction with the shakes). I haven’t taken the pills personally.
Probably going to wait for Oz’s new review before I comment too much more.
So it was a ponzie scheme then they changed plan and now is no longer a ponzie? Hmmmmmm wasn’t it 100percent compliant already?
What’s up with all the blinders?
It still has invested money “kept hostage” in the system, and probably some investors feeling they have been cheated. But some of them will probably accept the new situation.
Some people have used chargeback or similar methods. Some have probably accepted a loss and moved on.
But anyway, it was probably a wise decision to drop / reduce the Ponzi scheme rewards when they did, before the problem grew even bigger.
For only around 5 weeks ago the message was quite different, “recruit, recruit, RECRUIT”, when J. Joshua Beistle promised to take people to new heights if they joined.
I haven’t been too impressed by those “new heights”. The promises were vague and unclear, e.g. “new heights you never dreamed possible”. 🙂
With all due respect Susan you sound like a troll for the company. Please take into account that the company changed it’s legal complaint compensation less than 60 days after it started paying on the DLB.
Do you get it the compensation plan did not even last 60 days but it was complaint and scrubbed up and down by the top MLM attorney’s and MLM consultant’s prior to launching, right!
I have been in this industry for quite some time and I don’t think that I have ever seen a company with this much momentum change their compensation plan 2 months after they have launched.
Why? Because it would kill any momentum the company had unless the company is trying to do this on purpose to slowly drift away with a large part of affiliates money that has already been taken in.
You figure most affiliates were in building mode so most of the points were being compounded (and yes I said compounded because that is exactly what the points were doing, lol), so not a lot of money wasn’t being withdrawn by affiliates. Especially when TLS is telling people to purchase as much as their resources will allow!
Either way at this point a lot of affiliates have lost trust and confidence in the leadership and once you lose that nothing else matters. It does make how much JJB tells people the new compensation plan is smoking hot or sexy that Jubi Coffee is on the way when you have lost respect!
All most affiliates are worried about at this point is getting the original amount of money put into this venture out as quickly as possible.
IN an effort to save face JJB is now going to dulute the points by giving affiliates 5 to 1 and 10 to 1 based off of certain criteria as he knows that the company is in trouble.
Hell just last week he gave affiliates a chance to have their points expiration period extended up to 12 months because again he knows that the company is in big trouble and affiliates have lost confidence.
Also Susan I don’t think that you have calculated how many affiliates it is going to take to payout in the new compensation plan. Don’t be fooled by the 1k, 1k, 17 times BOOM – 10k Hype machine, lol!
I have done the calculations and it is a ridiculous amount of affiliates needed for you to make a steady full-time income from home if you were trying to make Jubi your only home based business opportunity.
Never mind that industry statics show that it is hard enough to recruit 2.8 affiliates in comparison to what you and your team are going to be required to do with Jubi.
IMHO only a fool would join this company now based off of the actions of JJB in regards to how he lead people into this opportunity to only turn his back on them not even 60 days into the launch of the DLB.
Those that still promote this are in one of these few categories:
1. Affiliates that have a very large downline
2. Affiliates that made a very large purchase and who have funds that are trapped in the system
3. New affiliates too dumb to understand that they have been baited and switched for their money that continue to drink the kool aid by listening to the company conference calls.
4. Just dumb affiliates that are well dumb
Just realize that if the company did it once they can do it again!
Wake up people and start thinking for yourself. JubiRev/JubiMax is not doing anything revolutionary or anything that hasn’t been done before. Just because JJB tells you that you have a smoking hot compensation plan, coffee, skin care, weight loss products, and etc doesn’t make it different.
There is no way in hell that JubiRev would be anywhere close to where they are now in terms of revenue and affiliates if they would have launched out the gate with this compensation plan and everyone on here knows this.
So Susan please do us a favor and save the hype for your prospects as nothing that you have said makes JubiRev any better.
I hope when you are out there sharing the opportunity with others that you are sharing how the company came to be as they are. They got to this point by basically by using a bait and switch to collect affiliates money.
Now you may disagree but until the company comes out and offers refunds to those that feel that they were mislead, in my eyes as well as many affiliates they are have taken money in that they wouldn’t have received otherwise.
The fact is they led affiliates to the company under one assumption to turn around and do something totally different.
For this very reason Jubi will die a slow death. It won’t happen today or tomorrow but over time affiliates will slowly just stop promoting it when they find out the truth.
They would have been better served launching as a traditional MLM company that grew organically. It may have been slower but they would have maintain the trust and confidence of their affiliates.
They have washed that all down the drain and I hope that it was worth it because how they handled this situation speaks to the experience of the leadership within the company.
Don’t believe everything that you hear on the calls as if JJB and TLS are that dumb to launch a company this way to only turn around and do what they have done then you need to question their leadership.
So the question is are these men stupid or con artist?
With both men having multiple years of experience in the industry and both have run companies prior to this and have consulted with top MLM attorney’s and MLM consultants before, well you figure it out.
This is not their first dance and these are not stupid men, so I hope that you Susan start thinking for yourself and stop being led like sheep to the slaughter.
It is pretty sad when people just believe anything that they are told because someone utters nonsense out of their mouth. Just because TLS and JJB get on a conference call and start flapping their gums about something doesn’t make it right or true.
Please wake up and smell the coffee. No, we aren’t talking Jubi Coffee either!
Ground hog day all over again!
The only fools who join any of this crap are program jumpers. Peeps can only jump so many times before they go broke.
All the new scam programs are all rigged to generate money to only the first few levels which usually are always the dame scammers repeating the process. No wonder peeps can’t recruit more than 2 on average, there no more than that available. Actually 2 is lucky.
What a joke this industry is! Happy mlm ground hog day!
Everyone needs to just calm down, T Le Mont Silver will fix it… from Chile with his millions of gold & silver by the pool with the (Sovereign Man) Simon Black!!!
Just kidding we are all his ‘following’ he cares about us getting money and living free. He said so back when he was in OneX/QLXchange, Zeek, GoFun Places, Jubirev…… Need I say more?
It has actually been rather quiet around it. The number of comments here from different people will normally reflect a company’s momentum or lack of momentum. And JubiRev was most active in the beginning, around February/March or so.
It has mostly attracted experienced people from ZeekRewards, GoFunRewards and similar failed projects, but very few “ordinary people” (Good Inexperienced Money People).
@Eric
One of the issues they’ll face is that these products were only ever designed to front the Ponzi points scheme. They weren’t really ever meant to be sold on their own merit.
The vacation card seems to be popular due to a lack of shipping, but again it’s only being purchased to qualify for commissions. There’s little to no genuine retail interest.
I made a comment about that, March 21st, in another thread …
Hardcore network marketers will only attract other network marketers. They don’t act “normal” enough to attract “ordinary people” in masses to invest in an income opportunity. “Ordinary people” will normally not give their money to someone who is talking and acting like a pimp (T. Le Mont Silver).
Silver claimed to have 460,000 people in downline in ZeekRewards. His JubiRev videos have 301 views each (everyone of them, except for a few).
youtube.com/channel/UC4HQI9KVcgAOwqkSltUcjqQ/videos
JubiRev has simply not been very successful. It was designed to attract people familiar with ZeekRewards who wanted specific changes, e.g. having the company located in another geographical jurisdiction than the US.
I trusted JubiRev JubiMax, but I now totally believe they are nothing but a Hybrid Scam.
I have over 1000 Points, and went from earning $10.00 a day to 98 cents a day. They sucked us all in and tricked us, then changed the comp plan. I’m so pissed off right now, for the past 2 weeks, all the calls they have been trying to get us to purchase those $500-$1200 packages.
And now they want us to be FULL BLOWN Door to Door sales people to earn money with them. I have already filed a claim with my payment processor to get my money back, because Im not going to waste time with this BS to earn .001% a day and to meet all those requirements. I can barely afford my monthly membership.
And Fly Guy Markeing is a dam scam. They post the adds on the same lame website everyday that is getting no traffic at all.
Here’s the link for every ad they post 1-consumer-authority.com/?adid=30356 and if you change the last 5 numerical digits at the end of the link, you’ll notice the ad comes up with a different name. What kind of garbage advertising is that? It will not last.
All my referrals are pissed off, some earning pennies a day after coming in with hundreds of dollars.
And just incase alot of you didnt know, Jubi cut off the card program over 2 months ago. Im not sure about the people who actually received their cards if they can use it, but I Joined and paid for my card since they launched and so did all my referrals, and after months of waiting, they sent us a refund, and said that the card program was on hold.
Visa may have kicked them to the curb like banners broker. But you can no longer get a card, only payment processors.
J Joshua said a week ago that the DOB would be changed so we can get 100% withdrawal of our daily earnings, and Last night when I asked, He said that is no longer an option, it will stay at 60% because he knows we are all trying to get out.
But I also put in a claim to get my full refund, and if I cant get it, once I break even in the next 30-60 days im out, Jubi is nothing but a Scam, and TLemont Silver is a Dam Snake..
Addwallet is an obvious Scam, and they are linked to WCA World Consumer Alliance. Those crooks are still trying to get peoples money. Brandon is a bullshitter and a lier, he comes up with a different excuse every week for the site being down.
This is a perfect example of what the mlm scammers do. Take take take for a few months and sweet talk sweet talk sweet talk the crowd. Then unto the next scam.
These a holes make millions off everyone and dont give a crap who they hurt in the process. Because of them mlm will die. Hopefully these scammers will all find there way behind bars.
Wow and they try to sell everyone on not getting a real job?
Well from what I am hearing people who have the cards are not even getting paid to the cards now… just excuses why the money not put into the JubiCard Accounts. SURPRISE!!!
Looks like the “fun” is over. Now the “pain” begins… What a familiar looking yellow brick road this is… Somewhere over the MLM rainbow, dreams “don’t” come true.
Kudos Oz, a great assessment of this “rev-share” niche that has become very prominent since Zeek.
I have been watching this industry for a decade now and I have seen the cycle of refaced and recycled doublers, triplers, and cyclers, they are all illegal and short lived.
I think you are spot on and we will see the trend resurface back to the small-scale advertising credit based rev-share schemes that only run for a a few weeks to a few months. They are all ticking time bombs and you are correct to call it an “industry damaging niche.”
I am though very curious to see who will get it right with sharing actual legitimate profits that are generated by the proper customer to affiliate ratio with products that can do it.
It will happen one day, there is too much demand for it. Sad to say that so many will try and will lose till someone get’s it, but for now, B E W A R E!
The problem here is this fundamentally goes against the idea of work for income.
If you worked hard enough, why should the company’s profitability (or lack of) affect YOUR income?
This is like a company where you work for peanuts, but if the company does well you get a HUGE bonus check at the end of the year.
Most people would opt for a job with higher consistent income that PRIMARILY depends on their work, not the company’s success. Yes, I know the two are related.
It’s depressing over there at the Jubi/rev MMG forum:
How to share profits has already been solved (calculate profit and share a certain percentage of it with the work force and/or the owners-stock holders) Revenue sharing has been solved too. Its when at happens when a company pays a wage or commission.
The attempts to combine profit sharing with revenue sharing is
….part of what makes these companies so vulnerable to regulatory intervention.
They are very fragile.
He’s got a new one out. maxlifestyle.com
Spot the difference between the JubiMax and MaxLifestyle websites…
(no seriously, anyone?)
Just a name change ? Funny though, He honestly thinks people are going to come and Join, when his top promotor is doing DS Domination ? haaahahaa!