SpilloverBot Review: 2×2 matrix cycler that makes admin 40% richer
On its website SpilloverBot claims “David Fries” is Director of the company.
No information about Fries is provided, and the SpilloverBot use a generic stock photo of an office to represent him.
It is highly likely that David Fries, as represented by SpilloverBot, doesn’t exist.
The SpilloverBot website domain was privately registered on October 1st, 2018.
One thing we do learn from the registration is Shinjiru Technology Sdn Bhd was used as the registrar.
Shinjiru Technology is a Malaysian company, potentially signalling a tie between operation of SpilloverBot and Malaysia.
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.
SpilloverBot has no retailable products or services, with affiliates only able to market SpilloverBot affiliate membership itself.
The SpilloverBot Compensation Plan
SpilloverBot affiliates purchase positions in a seven-tier 2×2 matrix cycler.
A 2×2 matrix places an affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another two positions each (4 positions).
Thus in total a 2×2 matrix houses six positions.
Positions in the matrix are filled by subsequent position purchases by new and existing SpilloverBot affiliates.
Once all six positions in a matrix are filled, a “cycle” commission is paid out and the position “cycles” into the next matrix tier.
Commissions across all seven of SpilloverBot’s cycler tiers are as follows:
- Matrix 1 (positions cost $25) – $25 cycle commission and cycles into Matrix 2
- Matrix 2 – $25 cycle commission and cycles into Matrix 3
- Matrix 3 – $75 cycle commission and cycles into Matrix 4
- Matrix 4 – $225 cycle commission and cycles into Matrix 5
- Matrix 5 – $675 cycle commission and cycles into Matrix 6
- Matrix 6 – $2100 cycle commission and cycles into Matrix 7
- Matrix 7 – $24,000 cycle commission
Note that upon cycling out of Matrix 1, $25 is also set aside to purchase a new Matrix 1 position in thirty days.
SpilloverBot pay upline commissions on downline cycles up four levels of recruitment.
That is the affiliate who recruited the affiliate cycling, the affiliate who recruited them (2nd upline), the affiliate who recruited them (3rd upline) and the affiliate who recruited them (4th upline).
Upline commissions begin from Matrix 2 as follows:
- recruited affiliate cycles out of Matrix 2 = $10 to the recruiting affiliate and $5 to the second, third and fourth uplines
- recruited affiliate cycles out of Matrix 3 = $30 to the recruiting affiliate and $15 to the second, third and fourth uplines
- recruited affiliate cycles out of Matrix 4 = $90 to the recruiting affiliate and $45 to the second, third and fourth uplines
- recruited affiliate cycles out of Matrix 5 = $270 to the recruiting affiliate and $135 to the second, third and fourth uplines
- recruited affiliate cycles out of Matrix 6 = $840 to the recruiting affiliate and $420 to the second, third and fourth uplines
- recruited affiliate cycles out of Matrix 7 = $9600 to the recruiting affiliate and $4800 to the second, third and fourth uplines
SpilloverBot affiliate membership is tied to the purchase of a $25 cycler position.
SpilloverBot takes the basic cycler Ponzi model and pushes even more money towards the owner(s) and early investors.
In a typical Ponzi cycler affiliates invest and most of that money, by way preloaded positions that cycle first, is shuffled to the admin.
A few early adopters (typically known to the admin) will cycle and receive leftover funds.
In SpilloverBot an investor receives less money than they otherwise would, owing to 60% of the cycle commission paid upline.
Company wide this funnels 60% of invested funds to the SpilloverBot admin and early investors, over what they’d be able to steal in a standard cycler model.
Other than that the pitfalls of SpilloverBot with respect to its Ponzi cycler model are the same.
SpilloverBot affiliates invest funds on the promise of a potential $27,125 ROI.
To put that into perspective, that’s a minimum of 1085 $25 payments per $27,125 ROI payment.
Upon consideration of the non-linear nature of how matrices fill in a cycler, the required amount of $25 investments rises.
As previously stated, owing to this it is typically only the early positions that cycle into the upper tiers.
These positions are a combination of those preloaded by the SpilloverBot admin and early investors.
Once recruitment stops the matrices stall and everybody else loses out.
The math behind Ponzi cyclers guarantees that when they collapse, the majority of participants lose money.