How To Know If Your Favorite RevShare Is A Ponzi

How To Know If Your Favorite RevShare Is A Ponzi

Learn how the advertising revenue sharing industry came into being, understand the key components of a viable revshare, and learn the key danger signs that an advertising revshare is not viable. Learn what is a ponzi scheme dressed up as a revshare, and how to know which advertising revshare companies are truly legit — Secret: There are no more than 10.

For beginners and for those who have struggled in an online business, revenue sharing programs offer a great way to “earn while you learn.”

Here is practical advice on how to avoid risk, and best use the limited number of quality advertising revshares and why it is important to you using them to build up your online business successfully using advertising Revenue Sharing programs.

References:

FutureNet
FutureAdPro
Future net
Future Ad Pro
futurenet.club
Revenue Sharing
RevShare
Traffic Exchange
Lead Generation
affiliate marketing
network marketing
MLM
multilevel marketing
Direct sales marketing
Traffic Monsoon
My Paying Ads
MyAdvertisingPays
LikesXL
LikesXL Bitcoin
Traffic Network Takeover
FortAdPays
Website Traffic Factory

 

My24HourIncome -Is It A Scam? Reviews: My 24 Hour Income Review?

My24HourIncome -Is It A Scam? Reviews: My 24 Hour Income Review?

It is possible that you see the buzz of My24HourIncome around the internet and thought maybe you should join. Before joining, though, you figured you’d do a search and read some reviews to determine whether My 24 Hour Income is a legitimate income opportunity or just a revenue sharing scam like some of the others.

My24HourIncome’s domain name (“my24hourincome.com”) was registered on June 27th 2016 by Derek Burton out of Ontario, Canada. He is known as “Drew”, though, to us..

Drew Burton is obviously “the man with the plan” who had the idea for putting this program together.

I’ve seen Drew a lot in rev share industry doing videos and such – he is pretty popular and is pretty much at the top of whichever revenue share programs he gets involved in.

It is only a natural progression for a successful affiliate to figure out a way to advance him or herself.  Drew figured he would try to start HIS OWN rev share opportunity instead of just promoting others (not having any control over whether they remain open, or not).

Many rev shares are not run properly and seem like scams to the general public – they can’t figure out a way to grow without bringing in new affiliates. So it is always a great indication of realness when somebody who is well-known as an affiliate comes out and says “hey, I have a better way to run a rev share company”. People are flocking to this opportunity because many already know, like, and trust him.

What Are My24HourIncome’s Products – If There Are Any

My 24 Hour Income offers ad packs to their affiliates – like all of the other revshare sites – but also offers members the ability to sell affiliate products through their back offices.  This addition of affiliate products for sale is pretty much unheard of in the revenue sharing industry, as most sites typically only offer ad packs internally to their membership, and have literally no other retail products.  My24HourIncome is going in the right direction to step-up the legalness of their opportunity.

It appears that the vast majority of revenue generated will come from member adpack purchases – this is NOT a bad thing. The problem is, the United States government sucks when it comes to deciding what is a classic ponzi scheme or not.

You see – the fact that it is adpack purchasing that makes the program progress, in itself, isn’t a problem.

The question to ask IS THIS:  Does it require new members to come in and buy these adpacks.. or is it OK if the same members keep re-purchasing ad packs out of their commissions that they earn in the system?

You see – there is a BIG difference there. Needing Ad Packs to be bought isn’t the problem. It is the reliance on NEW people to buy them, that makes a program a ponzi.

When the world begins to understand that difference.. it will be a much nicer world here in the online space.

Let’s See The My 24 Hour Income Compensation Plan – Is It HOT?

My24HourIncome offers 3 different advertising packages as follows:

Adpack 1 (one)- Cost: $5

Matures at 110% at 1.8 to 3.8% daily cap. Gives 75 business directory ads, with 12% referral commission to your sponsor.

Adpack 2 (two) – Cost : $15

Matures at 115% at 1.8 to 3.8% daily cap. Gives 200 business directory ads, with 12% referral commission to your sponsor.

Adpack 3 (three) – Cost: $35

Matures at 120% at 1.8 to 3.8% daily cap. Gives 500 business directory ads, with 12% referral commission to your sponsor.

Adpack 4 (four) – Cost: $75

Matures at 130%. You can purchase unlimited. It gives you 1200 business directory ads, with 12% referral commission to your sponsor.

Conclusion Of My24HourIncome Rev Share Opportunity

Some of the other reviews I see online about My24 (this is what we call it, for short) are only written to drive traffic to some other website or program. They simply use a pattern and re-create almost the same “review” or “scam” keyword page so they can try to rank at the top of Google when people are only trying to learn more about the program.. not to be sent somewhere else..

My24HourIncome is MAJOR a step-up from almost all rev share opportunities, and I don’t see any red flags at all. This could easily be a long-term opportunity – the one you were looking for.

Although the biggest issue is that the My 24 Hour Income business model is considered a ponzi scheme by the SEC (Securities and Exchange Commission) still – it is only because they have YET to understand that nobody is getting “ripped-off” and that every single person was there to purchase advertising services and did NOT see it as an investment. Not only this – they are flat-out reminded of that on the page where you go to make your purchase of ad packs.

In the My24HourIncome FAQ’s, you can find the following question and answer:

Is my24hourincome.com considered a scam or Ponzi scheme or an Illegal online business?

“NO. Any program that claims a ROI but has NO PRODUCT IS A SCAM! But my24hourincome.com Advertising Platform
sells ADVERTISING SPACE! Just like a Billboard or a commercial on television. In order for any program to be legal, it is
required to supply a service and/or product to you, the member! Here at my24hourincome.com, we sell traffic which is
our basic product. All members that purchase ad packs will get Traffic exchange credits and guaranteed banner clicks.” – My24HourIncome

These people aren’t “investors” when they buy advertising services. On top of this, their profits are NOT funded through new “investor contributions” – so My24 does not operate as a classic Ponzi scheme.

 

CI: Differences Between ClickIntensity And TM? Here’s A Valid Question And A Response

“I am absolutely loving CI and have put a lot of time and effort into it, I have every faith in the program and try to always stay positive. But i have a question that i feel lots of other people may be afraid to ask and in the interest of transparency feel it needs to be answered. In light of what is happening with Trafficmonsoon which is a rev share company can anyone high up tell us how CI is any different and is the same thing likely to happen to us?. Sorry to ask this but i feel it is something that needs to be answered to put peoples mind at rest.” – Roger

“I understand you concern but I feel I have answered this question many times. We have corporate advert accounts that bring revenue in. TM did not and that is why they were flagged as a PONZI scheme by the SEC. Our funds are kept in offline secure wallets and no person with the company has the power to remotely access and transfer funds without the proper details of the respective member to whom the funds must be delivered, thereby leaving a clear digital footprint. Bottom line is, no one is getting their hands on our members money and not all our money comes from our members.”  – Tara  #100%Legitrevshare

Sign Petition To Dismiss Court Case Filed Against TM By The SEC

Dismissing the court case filed against Traffic Monsoon from The SEC.

Go HERE to sign

Traffic Monsoon members,

This is a formal petition to save Traffic Monsoon (http://trafficmonsoon.com) as a rightful advertising company from the law suit against Charles Scoville and the business from the (SEC) Security Exchange Commission starting on 27th July 2016.

The SEC claims that Traffic Monsoon is a pure ponzi based site and have continued to contact members of our business for the passed 6-12 months asking for their experience with the advertising website and company that now has offices located and joined with JP Morgan as a fully registered company in The USA. In the words of one of our most humble members of Traffic Monsoon:

” The SEC does this to all businesses that grow where both huge amounts of money, bank transfers and tax is called in to concern. They will continue to hold, invest and use funds to their own advantage, hoping to win a case where without support of both the members of Traffic Monsoon and legal help will result in a very bad outcome ”

-David Miller, Traffic Monsoon member and Lawyer with experience of over 18 years in court cases filed by the SEC.

The Security Exchange Commission’s intentions may well be to help members and we in no way shape or form are denying their intentions, however the members of Traffic Monsoon have a right to voice their opinion about the business and this will be used in the court case FOR THE MEMBERS.

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Go HERE to sign

PLEASE READ CAREFULLY:

If you are reading this petition then you agree to sign THIS PETITION recognising TRAFFIC MONSSON as an ADVERTISING BASED PLATFORM and you ‘The reader’ fully accept that Traffic Monsoon offers a percent of sales that can change as any moments notice and is in NO WAY SHAPE OR FORM A PONZI SCHEME.

If you fully agree to this STATEMENT above, sign the petition and state WHY you have signed in favor of Traffic Monsoon.

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The message from Charles Scoville after The SEC issued the court order and froze Traffic Monsoon’s funds, shortly after speaking with Charles about a possible agreement the Security Exchange Commission took down the Traffic Monsoon website.

” The SEC filed a lawsuit. We’ll stand up against their claims in a court of law. Whatever is going on we’ll get to the bottom of it.

There’s no promised “returns” as I have always said, and the website and my videos doesn’t say anything of the sort.. I’ve never guaranteed 10% returns.. only that as we sell ad service people who click ads in the traffic exchange can qualify to share in revenues up to a maximum of $55 .. without any time frame affixed whatsoever.

People had been circulating fake checks using bank account and routing number info provided online.. I moved the funds out from the business account into my personal account to avoid those from clearing, also– I intended to send those funds to payza as the note on that transfer indicates. I just couldn’t make that large of a transfer to pay people what they had earned until I was able to go into a chase branch. I didn’t pay myself that money. I was positioning that money to be sent to payza, but I wasn’t given a chance to do that because I hadn’t been able to go into a chase branch since I was out of the country.

I was definitely sharing profit margins with people as I have outlined. No investment is offered on traffic monsoon as it clearly states. No promise of returns — only promise of ad service, with an explanation that people can click through ads and qualify to share in the revenues, which couldn’t possibly be guaranteed.

I was just about to fly to Utah to make that transfer and surprise everyone with an early release to some of the positions and balances. ”

Thank you for the taking the time to read and potentially sign this petition for Traffic Monsoon, I’d like to thank Charles, David, William, Edward and all those who came together to create this petition and we appreciate all members patience and also the support that Charles has had the last week, he is very blessed to have so much support and he more than anyone is very pleased to have you here on this petition with us.

Go HERE to sign

TRAFFIC MONSOON.