iCitiLife Review: 2 scam business models + travel
It’s no secret that the travel niche in MLM and home based businesses has exploded in the past couple of years, although arguably it’s been taken over by irrelevant online training product based opportunities.
Still, out of the many travel based companies out there that launched over the past few years, some are still kicking around as long as there are new members to feed into the compensation plans.
Typically, these business models revolve around matrix systems that require a constant influx of new members to keep paying commissions out. Another common but less used model is the binary pairing model which pays out a commission based on the amount of new pairs of new members bring into the business daily.
Not content with just following one of these models, iCitiLife have gone for gold and decided to use both.
Read on for a full review of the iCitiLife business opportunity. [Continue reading…]
Manna 360: LiveSmart 360 tries to reinvent itself
LiveSmart 360 was the brainchild of Mark McCool when after a decade of running his previou company, CyberWize, product orders ground to a painful halt;
In 2008 270 Cyberwize product orders were placed. In 2009 this number dropped to 26 and in 2010 the total orders placed appears to be just 3.
Facing the inevitable collapse of Cyberwize, McCool pulled the pin on the company and deployed a flashy pre-launch marketing campaign (‘LockYourSpot’).
Attracting thousands to the pre-launch, McCool reinvented Cyberwize as LiveSmart 360 with the company officially launching on May 15th of last year.
Troubles began to plague the company with reports of distributor payouts being delayed and in some cases not paid out at all.
Shortly after LiveSmart 360’s launch, Mark McCool wrote a blog post explaining that
During our initial pre-launch stage, some of our computer servers and software were provided by a third-party company. This impacted our ability to perform important business functions properly and in a timely manner.
Just weeks after that announcement, one of LiveSmart 360’s frontline distributors (and arguably the company’s second most well-known public face after Mike Potillo) Donna Valdes, took home her first $57,500 commission check and then quit.
LiveSmart 360 still managed to persist throughout the next few months, but it was hard to ignore that most of the momentum driving the LockYourSpot prelaunch campaign had been all but lost.
This seemed to climax when in June of this year the public face and President of Business Development for LiveSmart 360, Mike Potillo quit.
Following Potillo’s departure, Mark McCool put together a training call and personally pleaded with what was left of his memberbase to stick with the company.
On the same call, McCool announced a financial arrangement with new investor and business partner, Chuck Hallberg. Hallberg was to bankroll LiveSmart’s ‘international expansion’ and appeared to be throwing McCool a financial lifeline.
Four months later, the fruits of Hallberg’s cash injection appear to be surfacing and McCool has reverted back to trying to capture some of the hype excitement LiveSmart 360 experienced during its prelaunch.
With the introduction of ‘Manna 360’, LiveSmart 360 appears set to ride the prelaunch waves yet again. [Continue reading…]
PERJURY: Speak Asia lies to the Supreme Court!
As many of you who have been following the Speak Asia drama in India know, yesterday was the 17th of October Supreme Court hearing of a PIL filed by a group of panelists.
Among those who had to respond were Speak Asia themselves and the RBI.
Whilst the RBI didn’t show up, Speak Asia did… and according to their official press release, used their legal counsel to wholeheartedly mislead and lie to the Supreme Court of India.
Trumpeted as a victory, much has been made over Justice Dalveer Bhandari’s negative remarks against the RBI when he learnt they were a no-show.
Indeed Speak Asia’s own October 18th official press release relishes the moment;
The Honourable Justice Dalveer Bhandari of the Supreme Court strongly reprimanded the Ministry of Finance and the Reserve Bank of India, for not having filled the reply affidavit, to the writ petition filed by the panellists of Speak Asia.
Why the RBI failed to make an appearance, I have no idea. But understandably the judge was flustered.
And why shouldn’t he have been?
The complete and utter bullshit Speak Asia fed the Supreme Court was nothing short of fabricated lies.
On October 17th in the Supreme Court, the highest court of India, Senior Counsel for Speak Asia, Gopal Subramaniam, stood up and committed perjury. [Continue reading…]
After a year of delays, WMI’s PURE to launch 2012
Way back in November 2010, Wealth Masters International announced that they were going to launch two separate nutrition and finance subsidies.
Named Opes Partners (finance) and PURE (nutrition), both were set to launch in 2011 in January and ‘the first quarter‘ respectively.
Whilst Opes Partners launched (only to disappear into complete obscurity for much of 2011, WMI’s Pure has been plagued with delays and setbacks. [Continue reading…]
Prepaid Legal Review: Legal insurance that sells itself?
The world over, the US is known as being the penultimate litigious society. It doesn’t matter how ridiculous or insignificant you think your claim is, if you can find a lawyer you have yourself a lawsuit.
Without a lawyer though, you’re not getting anywhere.
Meanwhile, on the other side of the fence, with people all over the country running around filing lawsuits like they’re candy – it’s not all that uncommon these days to find yourself, or your business on the receiving end of a lawsuit.
Frivolous or not, you’re still going to need representation or at the very least, some well-informed (and often costly enough on its own) legal advice.
Aiming to provide Americans with legal advice and make some money on the side with a MLM compensation plan is MLM company PrePaid Legal.
Read on for a full review of the PrePaid Legal business opportunity. [Continue reading…]
Speak Asia CEO Manoj Kumar surfaces in Abu Dhabi
Something about Manoj Kumar’s video appearances have always struck me as odd. Simply put, he just doesn’t have any natural on-screen charisma and always comes off as awkwardly acting the part, rather than speaking candidly.
These characteristics were quite obvious in Kumar’s last video appearance for Speak Asia, dated early August.
Now, Kumar’s lack of charisma and awkardness is once again on full display in what is an obviously staged video that has surfaced on the internet in the last 24 hours.
Speaking from what appears to the World Economic Forum recently held in Abu Dhabi, Manoj Kumar apparently to sit down with complete strangers and have a brief chat about some upcoming announcements and news regarding Speak Asia. [Continue reading…]
Credible? Kip Herriage’s 2008 predictions analysed
Wealth Masters International, who credit themselves as being ‘the world’s premiere wealth creation community’, take pride in helping ‘others create maximum wealth, health and wisdom, as well as experience success as they choose to define it‘.
To do this, the company hedge their wealth education primarily on the predictions of ‘the Nostradamus of investing‘, Kip Herriage. Herriage, who is the CEO and co-founder of Wealth Masters steers the company through the murky financial waters of todays economic environment and at a grass-roots level fundamentally dictates what Wealth Masters preaches to its members.
Even someone as famous as Nostradamus still had his shortfalls though, so just how accurate is Herriage with his financial predictions?
Today, I attempt to answer that very question. [Continue reading…]
Rolution Review: Not-so-secure cloud storage
When it comes to information there’s always going to be a need to keep some information private. Whether its personal records, business data, sensitive financial records or trade secrets… there’s a whole bunch of reasons people and businesses need to keep their information secure and private.
Traditionally this would be done in a safe but with the advent of computers and digital storage, along with the internet, it’s getting harder and harder to secure data.
Obviously the most secure network is an offline system that only you can access, but for most people and companies this is hardly practical. Your other options?
Either host the data yourself and personally guarantee it’s protection and access along with the risks involved, or hire a third-party to store your data for you securely.
With high-speed internet access, the hassle-free nature of deployment and easy integration of cloud storage in existing business operations, an entire industry has popped up aiming to convince individuals and businesses to trust them with their information that needs to be safely secured, but still accessible.
One such company is Rolution, who have taken the concept of secured cloud storage and combined it with a MLM style compensation plan.
Read on for a review of the Rolution business opportunity. [Continue reading…]
Norway’s DSA agree Wealth Masters is a scam
Earlier this year Wealth Masters International went through quite the regulatory smackdown in Norway.
The charge, led by the Gaming Board of Norway, was that Wealth Masters was nothing more than a pyramid scheme. After an internal investigation, the Gaming Board found that
1. Revenues in WMI primarily come from the recruitment of members, not the sale of products.
2. One must give consideration to achieve revenues in the WMI.
3. The cost to be a member of WMI and to purchase WMI’s products are clearly overpriced.
4. WMI has a pyramid-like trading system.
Ultimately, the Gaming Board concluded that WMI was in violation of Norway’s Lottery Act, specifically Section 16;
It is prohibited to establish or participate in pyramid systems, luck chains, chain transactions or similar enterprises where money or other values are ultimately traded among an indeterminate circle of people.
Following this decision, WMI initially came out guns blazing (they of course accused the Gaming Board of collusion and libel) and despite the appeals the Gaming Board upheld their original findings.
Currently Norwegians are waiting on the Gaming Board to make their final announcement on Wealth Masters. Given the track record this is almost certainly going to be an upholding of their previous rulings, that Wealth Masters is just a pyramid scheme.
In the meantime, support for the Gaming Board’s decision popped up in the most unusual of places. [Continue reading…]
LeadGusher Review: Generate MLM leads with RSS?
In MLM, true success is impossible without the generation of leads. Leads provide retail sales and leads provide you an opportunity to expand your business.
Without them, you’re not getting anywhere.
As such, a market has developed around the generation of leads and marketers attempt to come up with new and cutting edge ways for their once fellow marketers to generate leads.
Two such marketers are James Stone and Ralph Martin and today we’re going to take a look at his lead generation system, Lead Gusher. [Continue reading…]