GlobalHarvestAds Review: $5 eight-tier matrix Ponzi cycler
There is no information on the GlobalHarvestAds website indicating who owns or runs the business.
The GlobalHarvestAds website domain (“globalharvestads.com”) was registered on the 3rd of May 2015, however the domain registration is set to private.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
The GlobalHarvestAds Product Line
GlobalHarvestAds has no retailable products or services, with affiliates only able to market affiliate membership with the company itself.
Once signed up GlobalHarvestAds affiliates can then purchase matrix positions. Bundled with each position are a series of advertising credits, which can be used to display advertising on the GlobalHarvestAds website itself.
Access to an ebook library is also available through participation in the GlobalHarvestAds compensation plan.
The GlobalHarvestAds Compensation Plan
The GlobalHarvestAds compensation plan revolves around affiliates signing up and then purchasing matrix positions.
These purchases then qualify them to earn commissions when subsequently recruited affiliates do the same.
Matrix positions purchased by affiliates are pushed through a series of eight 4×1 matrix cyclers, with each cycler requiring four subsequent positions to be filled before a commission is paid out.
How much of a commission is paid out is determined by which tier a position cycles out of as follows:
- Level 1 (positions cost $5) – initially pays out $5 and re-entry into a new Level 1 matrix, each subsequent Level 1 cycle then pays $15 with re-entry
- Level 2 – initially pays out $10 and re-entry into a new Level 2 matrix, each subsequent Level 2 cycle then pays $30
- Level 3 – initially pays out $20 and re-entry into a new Level 3 matrix, each subsequent Level 3 cycle then pays $60
- Level 4 – initially pays out $40 and re-entry into a new Level 4 matrix, each subsequent Level 4 cycle then pays $120
- Level 5 – initially pays out $80 and re-entry into a new Level 5 matrix, each subsequent Level 5 cycle then pays $240
- Level 6 – initially pays out $160 and re-entry into a new Level 6 matrix, each subsequent Level 6 cycle then pays $480
- Level 7 – initially pays out $320 and re-entry into a new Level 7 matrix, each subsequent Level 7 cycle then pays $960
- Level 8 – pays out $1920 and re-entry into a new Level 8 matrix
Payments in GlobalHarvestAds are made between members, with an additional admin fee charged at each level of the matrix:
- Levels 1 and 2 – $2
- Levels 3 and 4 – $3
- Levels 5 and 6 – $5
- Levels 7 and 8 – $10
Whether this is a one-time fee or recurring each time a cycle commission is paid out at the applicable level is unclear.
Affiliate membership with GlobalHarvestAds is tied to the purchase of at least one Level 1 matrix position.
As such the defacto minimum cost of GlobalHarvestAds is $5.
With nothing being marketed to or sold to retail customers, commission revenue in GlobalHarvestAds is 100% sourced from recruited affiliates.
This qualifies GlobalHarvestAds as a Ponzi scheme, where affiliates invest a fixed sum of money in a matrix position. Then once enough new funds enter the system, a ROI is paid out of these funds.
Of additional note is that the GlobalHarvestAds website claims that matrix commissions are ‘member to Member where you get paid directly from other members‘.
This means that 100% of the funds used to purchase matrix positions (including cycle positions) are paid from one GlobalHarvestAd affiliate to another, adding a cash gifting element to the scheme.
As with all Ponzi schemes, once new affiliate investment dries up the scheme collapses. Being a matrix cycler based scheme, in GlobalHarvestAds a collapse will manifest itself by way of the matrices slowing down and then ultimately stalling.
The mathematics behind the scheme suggest this will happen sooner rather than later, with $5 positions being the only new funds entering the scheme at the bottom (level 1).
When you factor in the hundreds of dollars ($1000+ at level 8) promised, that’s a ridiculous amount of $5 positions required to pay out even on one position at the upper tiers of the cycler.
What will instead happen is the matrix cyclers will stall long before that point, leaving a significant portion of invested funds sitting dormant in stalled positions.
What happens then?
No Refund Policy
We have a strict no refund policy and will not give any refunds with the GlobalHarvestAds Concept.
Any disputed transactions against any member will result in the immediate suspension of the members account as well as the loss of current and future earnings
The anonymous GlobalHarvestAds admin does a runner and you lose your money.