The contents of the MLM WatchDog are editorial in nature
and protected by First Amendment rights.
This site is partially supported by donations from paid subscribers, donations by 3rd partties and donations from America's MLM Consultants
the worlds leading MLM consultants for Network Marketing, Party Plans and MLM
MLM Watchdog(tm) ~ All Rights Reserved
EASY FOREX UK
THE CYPRUS RULE = IF IT IS FROM CYPRUS 92% CHANCE OF SCAM
Easy forex UK trading limited operates from Cyprus and has been in business since 2008 though there is no proof of that in their filings. They have an office in the UK (for window dressing no doubt). Theoretically their training and systems will make you rich. 10 Years ago the U.S. was awash in new MLM Forex trading MLM Companies. Now they are all gone. EasyForexUK's pay plan is a weak Binary that certainly is not built for the bigger builders. However Easy Forex UK says they are opening India so with lower incomes the binary may be attractive.
Why suspicious of Cyprus Companies? The European Common Market has raised red flags against financial shenanigans on Cyprus. The same sources want Cyprus banks to clean up their acts. Nigerian scam letters found a happy home there. Some scams are almost shameful such as
Also about 40 FOREX MLM's have come and gone. I don't believe that one has survived!
TERMINATORS! + WITHOLDING TRANSFERS
VIOLATING HUMAN RIGHTS
Vision International People Group Public, Ltd.
Vision International announced the Interim Management Statement of the Group for the period from January 1 to March 31, 2009 that has been prepared pursuant to article 11 of the Transparency Requirements Law 2007 Of the Nation of Cyprus where HQ is located. Vision International People Group revenues for the period under review compared to the corresponding period in 2008 had declined by around 35%. As it was to be expected, driven by the lower sales, gross profit for the period under review declined in comparison to that of the same period of 2008. The operating results of the group show a declining trend due to the decrease in the sales of the group. 2009 will be a year during which the group will restructure its operations in view of the current economic crisis but will continue to invest in operations in new markets with a view to increasing market share. OR TERMINATION AND REFUSAL OF TRANSFERS FOR DISTRIBUTORS - VIOLATIONS OF HUMAN RIGHTS! ABOUT CYPRUS STOCK EXCHANGE
SEE THE CHARTS BELOW PREDICTING ENIVA BANKRUPTCY!
Terminating distributors and using the positions to attract new leaders is not a long-term MLM growth strategy. Look at the graphs below (read down). MLM companies doing this suffer from MLM Word-of-Mouth warnings. Here is an overview from Eniva’s home town newspaper but read the graphs below to see the real truth.
ENIVA & CYBERWISE SUSPENSION TERMINATION CONTEST
THE WINNER? WHO GOES OUT OF BIZ FIRST!
Editor’s Opinion with a little sad humor note: Wow a hot contest between MLM Companies to see who can drive their Traffic (and number of Distributors?) down to ZERO. Envia has been working at it for a while with terminations and downline shuffling..... Now Cyberwize who has been on a run of suspensions and a termination of top leaders is in the race. Earlier we had written about Eniva who had a bad Distributors track record….. Lately some top distributors have bailed out of Eniva for greener pastures. The Distributor Rights Association takes no please in seeing these statistics, However they can stand as a warning for companies that don't treat their Distributors right.
Scorecard = ZERO traffic is the winner =out of business
Cyberwize is ahead with with a drop to 8,781 site visits
Envia with 10.5k visits is pushing them hard to get to Zero FIRST!.
ENIVA DISTRIBUTOR TERMINATIONS CAUSING DOWNHILL TRENDS?
Dec 2008 - In November 2008 Eniva did another round of Distributor terminations. Eniva’s www.Alexa.com traffic chart shown below certainly shows a downward trend for Eniva and their liquid nutritional product Vibe. It is your editors experienced opinion that MLM Distributors in the company are hearing about fellow Distributors being terminated and deciding to leave or just not to do anything. I will also tell anyone that Alexa information DOES NOT have pinpoint accuracy. What Alexa is GOOD at is showing us trends... and the TREND for Eniva certainly pointing down.
Your editor admits of course having their Vibe product attacked on National TV for not having the right amount of ingredients as claimed on the label has had an effect on Eniva and their shrinking size.
EDITORIAL OPINION ESTIMATION OF CAUSES FOR ENVIA SHRINKING
1. Word of Terminations spreading through Eniva Distributor Force effect
80%
3. Illegally show casing big big checks and other foo-pahs 5%
The Distributor Rights Association - has Eniva on a list to be voted on at the Distributor Rights Association convention. The award will be for "Top Terminator Company" company in the MLM - Network Marketing industry. Right now numbers (of MLM Distributors Terminated) make it look like Envia is ahead. It is this editors opinion that Envia will WIN! The MLM Company winner of this Tounge in Cheek award will get a mounted gold statue of ARNOLD SCHWARZENEGGER!
