Kindred IM Academy Review: Eight tier cash gifting
There is no information on the Kindred IM Academy website indicating who owns or runs the business.
The Kindred IM Academy website domain (“kindredimacademy.com”) was registered on the 12th of July 2015, however the domain registration is set to private.
A support Facebook group linked off the Kindred IM Academy website lists Yew Nieng Song, Mike Thibodeaux, Jean Tasler, Lisa Stalvey and Margaret Oddy as admins.
Presumably one or more of these individuals are running the company, however the specifics of who owns Kindred IM Academy remain unclear.
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 Kindred IM Academy Product Line
Kindred IM Academy has no retailable products or services, with affiliates only able to market Kindred IM Academy affiliate membership itself.
Once signed up ($5o), Kindred IM academy must then pay $5 to the affiliate who recruited them. This payment qualifies them for commissions through participation in the Kindred IM Academy business opportunity.
Of note is the mention of “marketing courses” and “Electro Magnetic Radiation Protectors” in Kindred IM Academy’s Terms and Conditions:
Before you engage, please know that Kindred Enterprise LLC sells valuable and attractive products like our informative internet marketing courses (KindredIMAcademy aka KIMA Courses) to empower members and our branded health related product – the Electro Magnetic Radiation Protector (EMRP).
These products are not available at a retail level, nor do they have anything to do with payments through Kindred IM Academy’s compensation plan.
It is assumed that the radiation protector is included with $50 Kindred IM Academy affiliate membership fee payment.
The courses meanwhile appear to be accessed through participation in Kindred IM Academy’s compensation plan (see below).
The Kindred IM Academy Compensation Plan
The Kindred IM Academy sees affiliates gift funds to eachother, with payments tracked through a 2×8 matrix.
A 2×8 matrix places an affiliate at the top of a matrix, with two positions directly under them (level 1 ):
The second level of the matrix is generated by splitting the two first level positions into another two positions each.
Subsequent levels of the matrix are generated in the same manner, down a total of eight levels (510 positions in total).
Positions in the matrix are filled via direct and indirect recruitment, with each placed affiliate gifting the person at the top of the matrix they are placed into (assuming they are qualified at that matrix tier).
Each level of the matrix is its own cash gifting tier, with Kindred IM Academy affiliates required to buy into each level to qualify to receive gifting payments.
Payments range from $5 to $3000 as follows:
- Matrix level 1 – pay $5 to qualify to receive two $5 payments from subsequent participants ($10)
- Matrix level 2 – pay $10 to qualify to receive four $10 payments from subsequent participants ($40)
- Matrix level 3 – pay $20 to qualify to receive eight $20 payments from subsequent participants ($160)
- Matrix level 4 – pay $60 to qualify to receive sixteen $60 payments from subsequent participants ($960)
- Matrix level 5 – pay $460 to qualify to receive thirty-two $460 payments from subsequent participants ($14,720)
- Matrix level 6 – pay $1000 to qualify to receive sixty-four $1000 payments from subsequent participants ($64,000)
- Matrix level 7 – pay $2000 to qualify to receive one hundred and twenty eight payments from subsequent participants ($256,000)
- Matrix level 8 – pay $3000 to qualify to receive two hundred and fifty-six payments from subsequent participants ($768,000)
Once qualified at level 8, a Kindred IM Academy affiliate must pay a $200 a month fee to continue to participate in the scheme.
$100 of this monthly $200 fee is paid to Kindred IM Academy and the other $100 to the recruiting affiliate (direct upline).
Kindred IM Academy place 5% of every $50 signup fee and monthly $100 payment they receive, and place it into a “profit pool share”.
This profit pool share is then shared out each month to monthly fee paying affiliates.
Joining Kindred IM Academy
Affiliate membership with Kindred IM Academy is $50.
An additional $5 gifting payment is also required to participate in the MLM income opportunity.
Offering up an eight-tier gifting scheme, Kindred IM Academy sees affiliates pay eachother to the tune of $1.1 million dollars.
With $5 payments being pumped in through the bottom of the matrix (the other fees are intended to be paid out of subsequent gifting payments), each Kindred IM Academy affiliate is looking at 220,778 five dollar payments to fill up their matrix.
Paying out the five listed Kindred IM Academy support admins alone would require 1.1 million payments. And that’s assuming they each only preloaded one position each.
Needless to say the only people who might get remotely close to that is the Kindred IM Academy admin(s).
These positions are automatically qualified at each gifting level, with the bulk of gifting payments rolling up to the admin’s positions by design (they were placed first before members of the public could purchase positions).
Such is the reality of matrix-based gifting schemes, with the majority of participants losing out.