A few years back now MLM social network started to pop up looking to cash in on the evident success of Twitter, Facebook and before them, Myspace.

Typically with these networks revenue would be generated either via monthly membership fees (meaning they usually just wound up being pyramid schemes) or advertisement based, which meant they wound up paying peanuts.

Needless to say over the years not one MLM social network has really taken off and in 2012 I can probably count how many were launched on one hand.

That said, there are those out there still willing to give the social network and MLM combination a shot and today we take a look at recently launched FacePayBook.

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

There is no information on the Adveshares website indicating who owns or runs the business.

The company domain (‘adveshares.com’) was registered on the 3rd July 2012, however the domain registration information is set to private.

Adveshare’s Facebook page lists a virtual office address in Los Angeles, California, however no mention of this address appears on the actual Adveshares website.

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. [Continue reading…]

Launched in July 2009, Preservation of Wealth revolves around the idea of members being able to purchase ‘precious metals for 5-50% less than everyone else‘, and then reselling them at a profit.

Operating out of the US state of Texas, Preservation of Wealth was founded by company President Justin Davis and IT Director, Randy Garcia (respective photos bottom right).

Justin Davis doesn’t appear to have any recorded history in MLM prior to the launch of Preservation of Wealth in 2009. On his company bio Davis is simply credited as being a “metals investor”.

Likewise for Randy Garcia, nothing turned up indicating a history in MLM prior to 2009. Garcia does however appear to have some experience with MLM backends with his  company bio crediting him as being ‘a developer of high level financial accounting software as well as MLM specific software‘. No specific examples are provided.

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

There is no information on the Passive Rev Share website indicating who owns or runs the business.

The company domain (‘passiverevshare.com’) was registered on the 10th September 2012, however the domain registration information is set to private.

Looking at the images directory of the website, there’s numerous marketing images promoting the website ‘revshareprofits.biz’:

This website doesn’t exist anymore however the domain was registered back in 2009, indicating the scheme was initially launched back then.

A look through the ‘Wayback Machine’ reveals Rev Share Profits was an income opportunity that had something to do with advertising and pretending to be Google:

Claiming that ‘online advertising is about to change forever‘ and promising to ‘become the talk of the Internet for years to come‘ Rev Share Profits failed as an income opportunity and the website is long gone.

Putting two and two together, it appears after two years the Rev Share Profits admin is back and trying their luck with Passive Rev Share.

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. [Continue reading…]

There is no information on the Mutual Aid Cash website indicating who owns or runs the business.

The company domain (‘mutualaidcash.com’) was registered on the 24th August 2012 and lists a ‘Gary S. Webber’ from Houston, Texas as the owner.

The provided company address however points to what appears to be virtual office space with Google listing multiple businesses at the address.

The private server Mutual Aid Cash is hosted on has one other website on it, a shopping mall called Belttal (‘belttal.com’) – who seem to have no qualms about  ripping off Google’s logo.

The domain WHOIS information for Belttal lists a ‘Luo Yong’ who appears to be based in Shenzhen, China.

Putting two and two together, if I had to guess I’d say Mutual Aid Cash’s Gary S. Webber doesn’t exist and Luo in China would be the admin behind the scheme. [Continue reading…]

There is no information on the NevoMx company website indicating who runs or owns the business.

The company domain (‘nevomx.com’) was registered on the 30th August 2012, however the registration information is set to private.

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. [Continue reading…]

There is no information on the Your Web Book Matrix indicating who runs or owns the business.

The company domain (‘yourwbm.com’) was registered on the 10th November 2011 and lists ‘The Edwards Family Trust’ as the registrant, operating out of the state of New South Wales in Australia.

Your Web Book Matrix claim to be a ‘reputable Australian business’ but an Australian Business Number search didn’t turn up anything.

The Your Web Book Matrix Terms and Conditions mentions a “The Digital Web Book Matrix SA BN05394521”, however nothing came up for that company either.

I did try an ABN search of the Edwards Family Trust but it returned over 2000 results, so I didn’t look into it any further. It is worth noting however that the domain WHOIS provides a PO box address in “North Sydney”, however the Your Web Book Matrix Terms and Conditions make reference to South Australia:

These Terms are governed by the laws of the State of South Australia, Australia and each party submits to the jurisdiction of the courts of South Australia, Australia.

This strongly indicates that the owners of Your Web Book Matrix are operating out of South Australia.

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. [Continue reading…]

Ocean Avenue is an MLM company operating in the health and nutrition niche of the industry.

The company operates out of Utah in the US but reportedly will also launch with satellite offices in Canada and Indonesia with prelaunch scheduled to kick off in about a week.

Heading up Ocean Avenue are co-founders Fred Ninow and Ken Dunn (photo right).

Ninow, credited as being a ‘a self made entrepreneur and former Investment Banker’ with 29 years experience. MLM wise Ninow’s biggest accomplishment would easily be co-founding Max International (also known as “Max GXL”, their flagship product).

Max International launched in early 2007 and market products focused on ‘glutathione’ distribution to the body. As a co-founder, Ninow is credited with leading Max International’s sales team to generate ‘over 100 million in revenue in 3 short years’.

I’m not entirely sure what happened after those three years as I was unable to find any information on why or specifically when (ballpark 2010) Ninow left Max International.

Ken Dunn on the otherhand is credited on the Ocean Avenue website as being invovled in ‘mortgages, importing, property management and investigative policing’.

MLM wise Dunn initially worked with Ninow in Max International as the “master distributor” but in 2010 (around the same time Ninow departed) left Max to join MLM company ‘EvolvHealth’.

In an EvolvHealth official company blog post, Chief Marketing Officer Jonathan Gilliam wrote

After a thorough review of more than 100 companies, the addition of Mr. Ken Dunn and his business partners, all top earners in the network marketing industry “is a tremendous win for the company and our Members” (partly quoting EvolvHealth founder Trey White).

Again, no idea why or when Dunn left EvolvHealth but it appears to have been only recently. Another post on the EvolvHealth company blog, dated late February 2012, credits Dunn as being a finalist in something called the “e84 Fuel Challenge”.

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

Seemingly out of the blue, last friday writ 383 which had been heard in the Supreme Court of India for just under a year was withdrawn, leaving the case disposed of by the court.

Speak Asia’s supporters scrambled to make the best of the news, assuring everyone that “nothing negative” had been said about the company and to wait for the SC order to be published.

The All India Speak Asia Panelist Association, who usually rush to publish anything remotely positive hours after a court appearance, were noticeably subdued. AISPA released a statement a few hours after the disposal that they would only publish something after the order was out.

Meanwhile whoever runs the Speak Asia “corporate marketing” blog, assured their followers there was nothing to worry about. A post put up on the 21st September reads

While our department for corporate affairs analyzes these latest developments, we would like to assure all our panelist in India that the company remains committed to solving this impasse and is very keen to re-start the business at the earliest opportune moment.

Of particular note was the change in tone, in opposition of any agency that did not comply with the Speak Asia agenda:

The company assures full cooperation with any agency or authority that has the jurisdiction on this situation and wishes to fulfill its commitment to refunding the subscription amounts to all those who have opted for the exit option of the company.

To the best of my knowledge to date no government agency has committed to the refund of subscription amounts, a business restart or even the mere entertaining of the Speak Asia “exit option”.

The CID however have filed a criminal chargesheet against the company, the Enforcement Directorate have filed a money laundering case, the Reserve Bank of India (RBI) stated Speak Asia was “akin” to a “money circulation scheme” in a cautionary it sent to Indian banks in May 2011 and the EOW have labelled the Speak Asia Ponzi scheme “the largest fraud case they’ve ever seen”.

Earlier today those behind the Speak Asia “corporate marketing” blog felt the need to publish a clarification to their earlier statements, which despite allegedly referring to itself made several references to “the company” and appeared strikingly similar to the baseless and full of rhetoric “news” that has been published on Facebook, AISPA and Speak Asia Mobi-Club (all run by senior panelists acting as defacto local management) over this past year and a half.

The company has been fighting its battle for survival for more than a year’s period and at this stage, your cooperation and patience in this battle is highly appreciated. We would urge the same deliberation from all of you for times to come.

With all the efforts in line we are bound to overcome the difficult times.

Along with the above statements are a series of wishful thinking dreams which, given the gravity revealed by the publishing of the Supreme Court order for the writ 383 disposal hearing on the 19th September, seem all the more unlikely.

Taking on a tone that suggested they’d been misled by Speak Asia and its senior panelists behind the writ until the ‘Investigating Officer, Economic Offences Wing (III), Crime Branch, C.I.D., Mumbai‘ filed an affidavit on March 3rd 2012 to clear things up, the SC most strikingly admit that the matter of payment to the 115 signed petitioners of the writ is ‘not a matter which could be resolved by way of mediation‘.

Two primary reasons are given for this, the first being that whereas writ 383 pertains only to the 115 signed petitioners (Speak Asia management and senior panelists have been falsely claiming the writ covered all panelists), the SC wholly acknowledge that in passing any order under writ 383 in regards to payments, that they ‘cannot turn a blind eye if other investors also come with a similar petition‘.

Why is that such a big deal?

The answer lies in the Supreme Court’s views and acceptance of the affidavits filed by Indian authorities. [Continue reading…]

Skippy Cash Matrix appears to be based in Melbourne Australia and was launched mid 2012.

Heading up the company is President Greg Turcanu (also known as Grigore Turcanu) and CEO Marian Craiu.

Turcanu (photo right) claims to have built up a team of “38,000” in MLM coffee company Gano Excel, but left due to ‘a vision to build his own Company and help people who are struggling‘.

As late as July 2012 Turcanu was advertising MLM business opportunity EPXBody on Twitter, however since then he’s only been promoting Skippy Cash Matrix and his other company “Skippy Traffic” (traffic exchange).

In his Twitter marketing spiel, Turcanu claims that Skippy Cash Matrix is ‘guaranteed to work 4 anyone‘:

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