That Free Thing loses 25% of members in 4 months

that-free-thing-logoOne of the big questions that has loomed over the viability of That Free Things business model has always been whether or not the company provides enough value to keep its members shelling out $9.95 a month.

Due to the nature of the offers being ‘free’, the different geo-locations of its members and the personal nature of value from offer to offer, this is almost impossible to quantify off of That Free Thing’s business model alone.

So what’s the next best thing?

Membership numbers.

Unfortunately for That Free Thing, a snapshot of the last four months of membership activity reveals that roughly a quarter of the member base cancelled their subscriptions. [Continue reading…]


Why did Prepaid Legal become Legal Shield?

legal-shield-logoPrepaid Legal was a MLM company founded in 1983 by Harland Stonecipher (no that’s not a made up name). So the story goes,

way back in 1969 Stonecipher was in a car accident.

Frustrated at the lack of legal insurance options available at the time, Stonecipher started up ‘The Sportsman’s Motor Club’ in 1972 offering members ‘legal expense reimbursement services‘.

The Sportsman’s Motor Club continued on for 11 years relying on a traditional sales model before adopting a MLM style business model and compensation plan in 1983. PrePaid Legal was born.

In 1984 PrePaid Legal went public on the NASDAQ National Market System and in 1999 it was listed on the New York Stock Exchange, where it remained until 2011.

In January 2011 PrePaid Legal and MidOcean Partners got together and agreed upon the sale of PrePaid Legal to MidOcean Partners, a private equity firm.

The deal between PrePaid Legal and MidOcean Partners and PrePaid Legal was finalised in June 2011 and the company handed over.

In July 2011 PrePaid Legal applied for a Termination of Registration of a Class of Security, which is an application for ‘exceptions to the normal filing requirements for registering a security with the SEC’ (Investopedia). I believe this resulted in the pulling of PrePaid Legal from the stock exchange, being owned by MidOcean Partners it was no longer publicly traded.

Finally in September 2011 MidOcean Partners announced that they would be rebranding PrePaid Legal as Legal Shield and currently that’s where we sit today.

My question: Why the name change? [Continue reading…]


Instant Cash Matrix Review: It doesn’t work.

instantcashmatrix-logo

Tired of programs that doesn’t work or admins that hide their true identity?

Tired of programs that are here today and gone tomorrow?

Tired of programs that is setup by amateurs on technology that can not handle the traffic?

Tired of programs that just doesn’t deliver on your expectations?

InstantCashMatrix asks you a lot of questions before you sign up with the idea of course being that the company itself is none of these things.

Apart from the bit about the admin hiding their identity, too bad InstantCashMatrix doesn’t deliver on any of thes questions it asks.

Read on for a full review of the InstantCashMatrix MLM opportunity. [Continue reading…]


FINALLY: Speak Asia charged with money laundering

speak-asia-online-logoOver the past few months, much has been made of the lack of filing against charges by any authority against Speak Asia.

For the most part, this has been seen as conclusive evidence by Speak Asia members that the company is wholly innocent and that the pyramid business model the company uses is unquestionably legal.

That illusion was shattered today with the news that the Enforcement Directorate (ED) have formally charged Speak Asia with money laundering. [Continue reading…]



SevenPoint2 Review: A pH of 7.2 = MLM success?

sevenpoint2-logoWhen it comes to living a healthy life some people look towards diets, some look towards exercise, some mental clarity, a positive environment… and the list goes on.

There’s as many determining factors that make up a healthy lifestyle as there are people trying to achieve it.

Today we’re going to look at MLM company SevenPoint2, who believe that the key to a healthy lifestlye revolves around your body having an internal pH of 7.2.

Maintain an internal pH of 7.2 and weight loss and healthiness will be yours.

Read on for a full review of the SevenPoint2 MLM opportunity. [Continue reading…]


The Cycler4Money Review: Turn $20 into $1800?

cycler4money-logoCycler4Money promises to enable you to turn $20 into $1800 with little to no effort at all.

Unfortunately in order to do this you (or someone else) needs to recruit a whole bunch of people into the Cycler4Money opportunity  in order for this to happen.

Read on for a full review of the Cycler4Money MLM opportunity. [Continue reading…]


FastNFurious Matrix Review: Matrix level payouts

fastnfurious-matrix-logoI’m starting to think somebody just finished a MLM course instructing people to get on the internet, download some cheap MLM backend scripts and start their very own ad-based matrix MLM.

A ton of advertising credit $5 MLMs have been popping up lately and today we’re going to look at and review yet another one, the FastNFurious Matrix. [Continue reading…]



QLXchange Review: A shady investment group feeder?

qlxchange-logoFor those interested in it, good solid investment advice is infinitely valuable and for many leads to sustainable riches and fortune.

Just as prosperous as good investment advice can be however, the same can be said for bad investment advice. Only the results of this are far more financially devastating.

Good or bad though, you’d have to be a complete moron to take investment advice seriously from someone you knew nothing about right?

Well, that’s kind of exactly what QLXChange want you to do. Read on for a full review of the QLXchange business opportunity. [Continue reading…]


BigD4u Review: A company-wide matrix to fill?

bigd4u-big-dollars-forced-matrix-logoThe biggest selling point of the ‘Big Dollar Forced Matrix’ MLM opportunity is that it promises to eliminate the traditional stalling of other recruitment based opportunities.

In order to do this Big Dollar Forced Matrix claims to have all members working to fill ‘the same matrix’.

The problem?

‘The same matrix’ doesn’t mean what you think it does.

Read on for a full review of the Big Dollar Forced Matrix review. [Continue reading…]


PocketChange MLM: $1.33 a month recruitment scam

Radically New & Innovative Commission Plan. Our program is about to revolutionize the online mlm industry.

Pure fun, extremely exciting & much more rewarding than any other program on the Internet.

-PocketChangeMLM

If you took the PocketChange MLM site’s opening sales pitch at face value, you’d be forgiven for getting all excited and thinking you’d just stumbled upon the next big thing in MLM.

Pity it’s nothing more than yet another recruitment driven opportunity attached to travel certificates. Read on for a full review of the PocketChange MLM opportunity. [Continue reading…]