My Blockchain Life fails to provide any information about who owns or runs the company on their website.

In fact as I write this, My Blockchain Life’s website is nothing more than an affiliate login page with some testimonials.

No corporate address is provided, although My Blockchain Life does state it’s “operating worldwide (and) located in the USA”.

My Blockchain Life’s website domain (“myblockchainlife.com”) was privately registered on January 10th, 2020.

Further research reveals marketing videos on My Blockchain Life’s official Facebook page.

These videos are hosted by Glen Williams, who identifies himself as a co-founder and CEO of My Blockchain Life.

Williams’ LinkedIn profile places him in Ottawa, Canada. Whether My Blockchain has any actual physical presence in the US is unclear.

William’s LinkedIn profile reveals he was promoting ACN from 2007 to January 2020.

Williams foray into MLM cryptocurrency appears to date back to 2017 with BitConnect.

In response to BehindMLM reporting on US regulators cracking down on BitConnect, a reader going by Glen Williams suggested we had an “agenda”.

BitConnect collapsed a week later, causing over $2 billion dollars in losses.

Williams abandoned the Twitter account he used to promote BitConnect a month later.

Whether My Blockchain Life’s other co-founders were also BitConnect promoters is unknown.

Read on for a full review of My Blockchain Life’s MLM opportunity. [Continue reading…]

I’d initially intended to cover NewAge Beverages’ acquisition of Ariix after reviewing Zennoa.

Zennoa came up for review today, only for me to discover I’d previously reviewed the company.

Last month Ariix announced it was “partnering” with NewAge Beverages Corporation.

A press-release however reveals NewAge has wholly acquired Ariix, including Ariix’s own acquisitions over the last few years. [Continue reading…]

Up until recently, Mirror Trading International claimed FX Choice was its broker.

Using FX Choice’s platform, Mirror Trading International claimed to trade using AI bots.

Now a representative from FX Choice has revealed Mirror Trading International was booted from their platform back in June.

Oh and surprise surprise, trading was virtually non-existent. [Continue reading…]

FX Value Trade provides no information on its website about who owns or runs the company.

FX Value Trade’s website domain (“fxvaluetrade.com”) was privately registered on May 8th, 2020.

In an attempt to appear legitimate, FX Value Trade provides a corporate address in California on its website.

Research reveals this address is shared with multiple trading companies. This suggests whoever is running FX Value Trade has attempted to launch multiple businesses in the same niche.

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. [Continue reading…]

CoffeeGems operates in the coffee MLM niche. The company claims it was founded by “two dreamers, Abelardo and Antônia Santos”.

Supposedly the Santos’ are based out of Brazil and have “years of experience in the coffee production industry”.

If you run a search for either name however, nothing comes up in relation to coffee outside of CoffeeGems.

Seeing as the Santos’ appear on CoffeeGems’ website in name only, this puts a question mark on whether they actually exist.

CoffeeGems’ website domain (“coffeegems.com”) was first registered in November 2015.

The private domain registration was last updated on October 12th, 2019.

I was able to verify through the Wayback Machine that prior to October 2019, CoffeeGems’ domain was for sale.

This confirms that the current owner(s) took possession of the domain in October 2019.

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. [Continue reading…]

RECB stands for “Real Estate Community Bank”. No information about who owns RECB is provided on its website.

RECB’s website domain (“recbank.io”) was privately registered on April 3rd, 2020.

It’s worth noting the RECB’s official Vimeo presentation is in Spanish. At the very least this suggests whoever is running RECB is targeting a Spanish audience.

In an attempt to appear legitimate, RECB provides a corporate address in London, UK on its website.

Research reveals the street address provided is that of the fictional detective Sherlock Holmes.

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. [Continue reading…]

Nimbus Platform operates in the cryptocurrency MLM niche. Heading up the company is CEO Andrea Zanon.

Zanon’s LinkedIn profile is linked to from Nimbus Platform’s website. Curiously, Nimbus Platform is not featured on Zanon’s profile.

In an official Nimbus Platform marketing video featuring Zanon, he claims to be a “global financial executive with twenty years experience”.

Zanon goes on to state he is from Italy, however he typically lives between the US, Latin America and the Middle East.

The backdrop of the video linked above could be Italy but I’m not sure.

On its website Nimbus Platform provides what appears to be an incomplete corporate address in Malta.

Any ties Nimbus Platform has to Malta are assumed to be on paper only (shell companies for banking etc.).

As far as I can tell Nimbus Platform is Andrea Zanon’s first MLM venture as an executive.

Read on for a full review of Nimbus Platform’s MLM opportunity. [Continue reading…]

Green Compass operates in the CBD MLM niche.

Two corporate addresses are provided on Green Compass’ website; one in North Carolina in the US and one in London, UK.

The US address belongs to a UPS store. The UK address belongs to shared office spare provider WeWork.

Heading up Green Compass are co-founders R. Sterling Cook, Jr. (CEO) and Meredith Cook (President).

According to his Green Compass corporate bio, Cook, Jr. has a background in agriculture and finance. His wife Meredith has a background in anesthesiology.

As far as I can tell, Green Compass is the first MLM venture for both Cooks.

As per a January 2020 interview with Direct Selling News, Meredith Cook began taking CBD oil after her first pregnancy.

“I found that the majority of CBD was from hemp grown in China, even though it’s ultimately manufactured in the U.S.,” she explains. “I realized that not all hemp is created equal.”

“Our friends were growing hemp through the program and had a tiny extraction machine,” she recounts.

“They’d already tested their plants and found it was some of the cleanest hemp they’d seen, so I asked them to make some for us.

This one made me feel completely like myself again. I felt comfortable giving it to my kids and could tell a difference with them.”

Meredith and her husband Sterling Cook saw the potential of CBD and knew that their newfound passion combined with Sterling’s background in agriculture could lead to something big.

They partnered with Adam and George Wooten to explore the possibility of growing hemp and manufacturing CBD products, giving birth to a new company—Green Compass Global.

The Cooks are based out of North Carolina. UPS addresses aside, this appears to be where Green Compass is operated from.

Read on for a full review of Green Compass’ MLM opportunity. [Continue reading…]

Like most of you we weren’t really sure why a January 13th, 2021 date for distribution payments was set.

Turns out that was more of a deadline, following reports from multiple TelexFree victims of received payments. [Continue reading…]

Metron Neutraceuticals, an Ohio based supplement manufacturer, has sued Root Wellness and principals Clayton Thomas and Christina Rahm Cook.

According to Metron, Root Wellness has infringed on its intellectual property and patents. [Continue reading…]