Cash Ninja Review: $14.95 matrix-based recruitment scheme
There is no information on the Cash Ninja website directly indicating who owns or runs the company.
The Cash Ninja website domain (“cashninja.org”) was registered on the 27th of August 2015, however the domain registration is set to private.
Further research reveals Cash Ninja affiliates claiming that a “Chris Jacobsen” is the “owner and creator” of the opportunity:
I myself however was unable to independently verify this claim.
Of note is a message that appears in the footer of the Cash Ninja website:
CashNinja created and designed by Palmwood Online Enterprises.
Palmwood Online Enterprises was incorporated in the UK on July 24th, 2015, with Thomas Sullivan listed as the sole Director.
The address used to incorporate Palmer Online Enterprises is that of Fletcher Kennedy, who claim to be ‘UK and Offshore company formation specialists‘.
Evidently Palmwood Online Enterprises has no physical presence in the UK, with the company existing there in name only.
Thomas Sullivan’s himself is based out of Perth Australia, having first popped up on BehindMLM’s radar as the admin of ProfitAdz in 2012.
ProfitAdz was a 200% ROI Ponzi scheme which collapsed shortly after launch.
Other schemes launched by Sullivan since include PowerOf3 (recruitment-based pyramid scheme) and AdzPays (another 200% ROI Ponzi scheme).
Sullivan’s latest scheme was My Amazing Life, a $24.95 a month recruitment scheme launched in June 2015.
At the time of publication, the My Amazing Life website is returning a “403 forbidden” error code:
The collapse of My Amazing Life has likely prompted the launch of Cash Ninja.
Read on for a full review of the Cash Ninja MLM business opportunity.
The Cash Ninja Product Line
Cash Ninja has no retailable products or services, with affiliates only able to market Cash Ninja affiliate membership itself.
Once signed up, Cash Ninja affiliates are then able to purchase $14.95 matrix positions.
Bundled with each of these positions are advertising credits, which can be used to display advertising on the Cash Ninja website itself.
The Cash Ninja Compensation Plan
The Cash Ninja compensation plan sees affiliates purchase $14.95 matrix positions.
These size of matrix used in Cash Ninja is that of a 2×10.
A 2×10 matrix places an affiliate at the top of the matrix with ten positions directly under them (level 1).
The second level of the matrix is then generated by splitting each of these ten positions into another ten positions each, for a total of one hundred and ten positions.
Commissions are paid as positions in the matrix are filled, with a total of $5630 in possible commissions advertised on the Cash Ninja website (this equates to $51.18 per filled position).
Once an affiliate fills their 2×10 matrix, they are then placed at the top of a new one. This new matrix, as with the existing matrix is housed within a company-wide matrix.
Note that the Cash Ninja website states that filling the 2×10 matrix ‘creates $5,630 payments over and over’, suggesting that there might be a monthly fee involved.
At the time of publication there is no mention of a monthly fee on the Cash Ninja website.
Another possibility is that the vague marketing pitch is referencing the creation of a new 2×10 matrix upon an affiliate’s existing one being filled, which when filled would generate another $5630 payment (as would all subsequent matrices, “over and over again”).
Joining Cash Ninja
Cash Ninja affiliate membership is tied to the purchase of at least one $14.95 matrix position.
Your matrix is filled by Advertising Pack purchases from your downline!
This means that the more Advertising Packs purchased by members in your downline, the quicker your 2×10 matrix will fill earning you commissions.
As above, Cash Ninja affiliates invest in matrix positions and are then paid based on positions subsequently invested in by their recruited downline.
Nothing is marketed to or sold to retail customers, with Cash Ninja instead simply shuffling around newly invested funds to pay off existing affiliates.
Furthermore the math behind Cash Ninja makes little sense. Affiliates pay $14.95 for a matrix position, with the advertised total ROI equating to $51.18 per position filled.
Where is the extra $36.23 per filled position coming from?
That Cash Ninja generates a negative liability before any positions are invested in does not bode well, with each new position created only hastening the inevitable running out of newly invested funds to distribute out.
As with all Ponzi schemes, once recruitment of new affiliates dries up so too will commissions in Cash Ninja.
Being a matrix-based scheme, this will present itself by way of matrices first taking longer and longer to fill. Eventually they will stall, with enough 2×10 matrices having stalled within the company-wide matrix triggering an irreversible collapse.
Thomas Sullivan’s last scheme, My Amazing Life, lasted barely a month. Once can likely expect Cash Ninja to follow a similar timeline.