InstantWealthX was launched sometime early this month (November 2011) by person(s) unknown. The domain ‘instantwealthx.com’ was registered on the 3rd of November and the domain registration information is set to private.

From first impressions though, InstantWealthX is yet another internal advertising network recruitment scam. Read on for a full InstantWealthX review. [Continue reading…]

Hot on the trails of the Enforcement Directorate (ED) charging Speak Asia with money laundering, roughly 2 hours ago or so the All India Speak Asia Panelist Association (AISPA) put out an update on their website stating:

In a surprise move throwing caution to the wind the Mumbai EOW has picked up Mr. Melvin Crasto the president of AISPA for interrogation.

In the past AISPA Secretary Ashok Bahirwani has repeatedly stressed the separation between AISPA and Speak Asia stating that he has no direct contact with Speak Aisa management.

A fortnight ago the EOW stated that Speak Asia was the ‘the biggest multi-level marketing fraud‘ they’d ever investigated, so what exactly the EOW would want with Melvin Crasto (photo right), who is a panelist but publicly has nothing to do with the running Speak Asia, remains a mystery. [Continue reading…]

LocalAdClick best in class products, services, and solutions in innovative and cost effective ways. The company owns and operates three divisions:

i-SUPPLY which provides easy to use, fully customizable E-commerce services and revenue solutions for any Web site, large or small.

LocalAdClick, is a local search directory and advertising network that brings local advertising to geo-targeted consumers.

ViSim.com is the leading niche portal and social networking site for Baby Boomers and Generation Jones.

If you took LocalAdClick’s description of itself seriously, you’d believe that the company was a global series of portals with a high-tech advertising platform serving ads to a large network of users.

Big brand websites, big brand advertising and big big profits for everyone right?

Wrong.

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

Friends it was not Mr. Navneet Khosla who had filed the criminal PIL in Mumbai HC, but it was Mr. Raj Mani.

His lawyers have asked for a weeks time to withdraw the criminal PIL which has been granted by the Hon’ble Judge. Now the PIL will be withdrawn next week

Information courtesy Aman Azad (AISPA crony)

Shortly after the criminal PIL involving Speak Asia yesterday, the above was the announcement put out by Aman Azad, who has strong ties to the All India Speak Asia Panelist Association (AISPA).

This news was then circulated by the usual cheer-leading Facebook pages and pro-Speak Asia blogs as fact.

My immediate response was to question why it would take another week to withdraw the PIL? I mean surely if Rajmani wanted to withdraw the PIL it simply could have been done there and then by his advocate Vinod S. Chate (Rajmani was not present at the PIL hearing yesterday).

After all, the two of them had already had a week to discuss the matter, why wait another whole week?

As usual, turns out there’s more to this story. A lot more. [Continue reading…]

One 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…]

Prepaid 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…]

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…]

Over 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…]

When 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…]

Cycler4Money 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…]