Quote from: drofxafm on December 09, 2016, 11:17:17 AM

Quote from: rishi2080 on December 09, 2016, 10:46:15 AM

what are u questions u can ask me now Huh

if u don't know how a matrix plan works , everything we answer u look it like scam only

The issue is that to most educated people MLM plans / Pyramid schemes are effectively a scam. Even the Reserve Bank of India has warnings about them.

Quote

The Reserve Bank has advised that members of public should not to be tempted by promises of high returns offered by entities running Multi-level Marketing/Chain Marketing/Pyramid Structure Schemes. The Reserve Bank has reiterated that falling prey to such offers can result in direct financial losses and they, in their own interest, should refrain from responding to such offers in any manner.

(https://rbi.org.in/SCRIPTs/BS_PressReleaseDisplay.aspx?prid=32908) and also written up in the Times of India (http://timesofindia.indiatimes.com/business/india-business/RBI-warns-against-pyramid-schemes/articleshow/45724589.cms)

If you look at how MLM plans / Pyramid schemes work they generally provide two benefits to the "investor" a small token (in this case some EGC worth 1/3 of the total investment) and the referral fee from those below you. Usually the referral fee is where most of your returns come from.

Doing some maths for the numbers of people that need to be involved using the setup from this scheme.
At the top you have a single person
In the layer below there are 3 people (total of 4 in the scheme)
In the layer below there are 9 people (total of 13 in the scheme)
In the layer below there are 27 people (total of 40 in the scheme)
In the layer below there are 81 people (total of 121 in the scheme)
In the layer below there are 243 people (total of 364 in the scheme)

For people in each layer to get their referral income they need people to join the layer below. This quickly becomes unsustainable (at around 20 layers we'll need space travel to find new worlds to sell the plan to). This sustainability is what generally makes these schemes a scam, the person at the top gets rich quickly, the people at the bottom effectively lose out.

what you have described is a pyramid scheme - NOT an mlm ...

multi-level-marketing systems ( note - systems NOT schemes ) actually work and ARE legal all over the world ...

pyramid schemes are NOT legal - nor are they sustainable ...

mlm systems - like amway for example - that are well structured and well established - are a highly successful way of making money for anyone and everyone that is willing to put the time and effort and knowledge into it ...

i for one - am not ... but that is beside the point ...

you should never bundle pyramid schemes and mlm systems in the same sentence - nor in a side by side manner as you have mate ...

one is a legit business - the other is to rip off as many of the lower heirarchy plebs as you can - to make money for the top rung only ... THAT is a pyramid - THAT is illegal ... and highly immoral on so many levels ...

insofaras any investments are concerned - ANY and ALL professional businesses and legitimate systems ALWAYS remain transparent and open about what they do and what is behind the systems ... ANY and ALL these systems also answer questions that 'potential investors' ( ie - their customers .. ie - the systems 'bosses' ) in the utmost professionalism AND in concise and complete factual responses ... not in casual 'backyard' commentary about some 'info' they wish to present to these investors ...

i have just finished a short term contract with a multiBILLION dollar organization - ge / latitude - for their migration project ... a company like this ( whether a corporate using their ownership model - or corporate in an mlm model ) will ALWAYS have - in writing - the facts and figures and specifics of any system they are introducing into the market ... with contractual obligations on both the corporate side - and the investor side ... any questions that come from the investor market are answered promptly and concisely and also in writing so that NO ambiguity is confronted at a later date ...

anything short of this professional method of investment ( whether corporate like ge / latitude - or mlm like amway ( also a multiBILIION dollar company ) ) should be researched thoroughly - or avoided altogether ...

we ( cwi ) have been working with steven for a while now - and have adopted him as one of our own - because of the skill and honesty and transparency as well as the integrity he brings to the table ... a few of the many traits we work with on a daily basis - and will continue to seek those who hold these traits to work with ... bringing a better 'system' so that 'schemes' are not as easily accepted ...

thats my 7btc worth ...

#crysx