Reign Legacy Review: $18 matrix cycler positions
There is no information on the Reign Legacy website indicating who owns or runs the business.
The Reign Legacy website domain (“reignlegacy.com”) was registered on the 13th of February 2015, however the domain registration is set to private.
Further research reveals a marketing video titled “Reign Legacy” was uploaded on March 10th, to a YouTube account bearing the name “Mark Anthony Thompson”.
A link to Reign Legacy without an affiliate code is included in the video’s description, strongly suggesting Thompson himself is behind the scheme.
Typically when an admin links to their own opportunity, they don’t need to include a referral link if the system defaults new signups without a referral code to their account.
With regard to Reign Legacy, new signups with a referral link are placed directly under the 2nd sponsor ID in the system, which belongs to “Mollie Beasley”:
Beasley (who goes by the name “Mollie Woop” on Facebook), has Mark Anthony Thompson in her Google Plus circles. Presumably Thompson holds the top sponsor ID (which would be value=”1″ in the screenshot above).
Update 19th February 2015 – Following publication of this review, Mark Anthony Thompson has been in contact. He claims he doesn’t own or run Reign Legacy, and instead was contacted by Mollie Beasley to produce the promotional video uploaded to his YouTube channel.
The article had stated that I was the owner of the website or what not, but all I did was create the animated sketch video for them and upload it on youtube.
I am not the owner of the website or even apart of the program. They contacted me and asked me to take it off youtube, so I did.
I pressed Thompson on who contacted him and whether he was paid (and by whom), and received the following reply:
They as in Mollie and a few other administrators that I dont know who they are or anything about. Only reason I know Mollie was because looking for someone who knew how to make animated sketch videos.
She saw a few of my previous videos that had been shared on Facebook through a mutual friend, and that’s how we came in contact about making the video.
She is in my circles because she gave me her email to mail her the file to upload but she couldn’t figure out how to upload it from her phone.
So I just put it up on my yt account for the time being to make it easier. I put the website link there because that’s the only Link I was given for people to go look and receive more info.
In return Mollie had got for me some pull-tab flyers that I needed for my real estate business.
Thompson’s information indicates that Mollie Beasley is either running Reign Legacy or working closely with whoever is.
Why this information is not provided on the Reign Legacy website is a mystery. /end update
Read on for a full review of the Reign Legacy MLM business opportunity.
The Reign Legacy Product Line
Reign Legacy has no retailable products or services, with affiliates only able to market affiliate membership with the company itself.
Once signed up, Reign Legacy affiliates can then purchase matrix positions and participate in the attached income opportunity.
The Reign Legacy Compensation Plan
The Reign Legacy compensation plan sees affiliates sign up and then purchase $18 matrix positions.
The matrix compensation structure Reign Legacy use is that of a 3×2 matrix.
A 3×2 matrix places an affiliate at the top of the matrix, with three positions directly under them (level 1).
These two positions then branch out into another three positions each, which makes up the second level of the matrix.
All in all there are twelve positions to be filled in each matrix, with positions filled via subsequent purchase of positions by recruited affiliates.
When all twelve positions in a matrix are filled, the affiliate who owns the position at the top of the matrix is paid a $72 commission (referred to as a “cycle”).
Note that 30% of all cycle commissions paid out must be reinvested back into the company (by purchasing of new matrix positions).
Referral commissions in Reign Legacy are paid out up to a maximum 50 positions per affiliate personally recruited, paying out $5 per position purchased.
Joining Reign Legacy
Affiliate membership with Reign Legacy is free, however free affiliates can only earn referral commissions when affiliates they recruit purchase matrix commissions.
In order to participate in the Reign Legacy MLM business opportunity, an affiliate must purchase at least one $18 matrix position.
Whereas WakeUpNow sought to mask its pyramid scheme business model behind an overly complex compensation plan, Reign Legacy does the exact opposite.
Packages are $18 plus Payza or STP fee. The total cash out from levels is $72 with total of 12 people in your downline.
A Reign Legacy deposits $18 with the company, and once enough subsequent $18 deposits have been made by recruited affiliates, they are paid a $72 commission.
This shuffling of newly invested funds to pay off existing investors sees Reign Legacy operate as a Ponzi scheme.
As with all Ponzi schemes, once new investment dies down Reign Legacy will find itself unable to meet its advertised ROI obligations.
Being a matrix cycler Ponzi scheme, this will manifest itself by way of the matrices first slowing down and then ultimately stalling.
At that point anyone with funds still trapped in the scheme loses out.