Straight Line Shares Review: Cycler queues & “forex shares”
There is no information on the Straight Line Shares website indicating who owns or runs the business.
The Straight Line Shares domain (“straightlineshares.com”) was registered on the 23rd of August 2014, however the domain registration is set to private.
Launched in late September, the Straight Line Shares Facebook pages suggests that the company has an originating presence in Melaka, Malaysia.
As always, if a 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 Straight Line Shares Product Line
Straight Line Shares has no retailable products or services, with affiliates only able to market affiliate membership to the company itself ($38).
The Straight Line Shares Compensation Plan
Straight Line shares is an opportunity to turn 1 time spent of $200 – $500 Into a total income of Upto $1,542,862 By Following our Pay-plan.
The Straight Line Shares compensation plan revolves around the recruitment of new affiliates and their purchase of $5 cycler positions and $15 “forex shares”.
Every time a Straight Line Shares affiliate recruits a paid affiliate ($38), they are paid a $5 commission.
Matrix Recruitment Commissions
When a Straight Line Shares affiliate pays their $38 participation fee, they are put into a 2×20 company-wide matrix.
A 2×20 matrix places an affiliate at the top of the matrix, with two positions directly under them (level 2):
In turn, these two positions branch out into another two positions each (level 2), and so on and so forth down a total of 20 levels.
Positions in the 2×20 matrix are filled via the recruitment of new paid affiliates, with a 75 cent commission paid out per position filled.
Matrix Subscription Fee Commissions
Straight Line Shares charge all affiliates an $18 subscription fee. This fee qualifies an affiliate to earn in the Straight Line Shares compensation plan for 180 days.
The company takes this fee and uses a 2×20 matrix (identical in structure to the one used for matrix recruitment commissions), to pay affiliates commissions.
Subscription fee matrix commissions are paid out at a rate of 50 cents every time an affiliate position in their matrix renews their 180 day subscription.
A $1 bonus is paid when a personally recruited affiliate in the matrix who renews their subscription.
Straight Line Shares run a series of ten cycler queues, with the first costing $5 to join.
Once joined, a cycler position is created at the end of the queue, with each position purchases paying off the position at the top of the queue.
When the position at the top of the queue has accumulated a predetermined amount of funds, the position “cycles” out of the queue.
When this happens, all the positions under it move up a spot in the queue and the process repeats itself.
Here are the commissions paid out in Straight Line Shares’ ten cycler queues:
- Line 1 – $5 and a position in Line 2
- Line 2 – $10, re-entry into Line 2 and a new position in Line 3
- Line 3 – $20 and a position in Line 4
- Line 4 – $80 and a position in Line 5
- Line 5 – $80 and a position in Line 6
- Line 6 – $160 and a position in Line 7
- Line 7 – $320 and a position in Line 8
- Line 8 – $640 and a position in Line 9
- Line 9 – $3840 and a position in Line 10
- Line 10 – $7680
Referral commissions are also paid whenever a personally recruited affiliate cycles out of a queue:
- Line 1 – 50 cents
- Line 2 – $2
- Line 3 – $4
- Line 4 – $8
- Line 5 – $16
- Line 6 – $32
- Line 7 – $64
- Line 8 – $128
- Line 9 – $256
- Line 10 – $512
Note that 25% of all cycler commissions paid out can only be used to purchase new queue positions.
Affiliates can purchase $15 “forex shares” which pay out a ROI nine times a month until a 160% total ROI has been paid out ($24).
Every Straight Line Shares affiliate can purchase up to ten forex share positions a day, up to 200 total per account they own.
Referral commissions are paid out on the investment into a forex share, paying $1 on level 1 and 10 cents down an additional 9 levels of recruitment.
Joining Straight Line Shares
Joining Straight Line Shares as an affiliate is $38.
An additional $5 and $15 is required to participate in the cycler queue and “forex shares” components of the compensation plan respectively.
Note that these are minimum amounts, with additional queue and share positions costing extra.
straightlineshares.com is not available to the general public and is opened only to the qualified members of straightlineshares.com, the use of this site is restricted to our members and to individuals personally invited by them.
Every deposit is considered to be a private transaction between the straightlineshares.com and its Member.
As a private transaction, this program is exempt from the US Securities Act of 1933, the US Securities Exchange Act of 1934 and the US Investment Company Act of 1940 and all other rules, regulations and amendments thereof.
We are not FDIC insured. We are not a licensed bank or a security firm.
You agree to hold all principals and members harmless of any liability.
You are investing at your own risk and you agree that a past performance is not an explicit guarantee for the same future performance.
As amusing as the above disclaimer is, Straight Line Shares offer participants positions in what is a pretty simple Ponzi/pyramid hybrid.
Affiliates sign up for $38 and then pay an $18 a month participation fee.
This qualifies them to earn recruitment commissions directly and via a matrix (the pyramid scheme part), and also to participate in cycler and “forex shares” investment (the Ponzi part).
On the recruitment side of things, affiliates are paid commissions for doing nothing more than recruiting new suckers into the scheme. There is nothing being sold to retail customers.
Under the guise of participating in forex (and just playing money games in the case of the cycler queues), affiliates are also encouraged to invest funds on the promise of an eventual >100% advertised ROI.
In the case of the cyclers this relies on enough subsequent cycler positions being purchased. Phantom positions on Line 2 (no new money enters the system) are likely to bog the system down faster than the rate your regular cycler stalls.
The forex shares shtick is little more than smoke and mirrors. Affiliate purchase positions and those funds are used to pay off existing investors.
Typically this is done under the guise of “profit” or “revenue” sharing, but here Straight Line Shares, like in an attempt to add some level of legitimacy, call it “forex shares”.
There is no forex trading going on here, at least none which has any impact on the commission payouts offered through Straight Line Shares’ purported “forex” shares.
Calling what is otherwise quite obvious Ponzi/pyramid fraud a series of “private transactions” does nothing to address the illegitimacy of the scheme.
The cycler and forex shares positions rely on a constant stream of new investment from affiliates. Once that dries up the cycler queues will stall and Straight Line Shares will be unable to meet it’s monthly forex shares ROI obligations.
That in turn will result in affiliates no longer paying their subscription fees, which in turn will stall the matrix commissions.
What happens then?
We reserve the right to change the rules, commissions and rates of the program at any time and at our sole discretion without notice, especially in order to respect the integrity and security of the members’ interests.
Don’t post bad vote on Public Forums and at Gold Rating Site without contacting the administrator of our program FIRST.
The anonymous Straight Line Shares owner and their buddies in Malaysia do a runner with your money.