Today I deal with an MLM opportunity, a recently launched program that according to his founder is innovative, fully automated and leads to financial freedom. The system is plain simple and anyone can make money by paying a small one time fee. The statistics though point out that all the latest pseudo MLM companies are working only for the owners, with the majority of members losing money.
Is this the case here?…Let’s move on…
Inside Mega Spooler
The video loop on the homepage is relaxing our senses with beautiful landscapes and happy women…enjoying “Freedom”
- When your dream of Freedom becomes reality
- When the Abundance is all around you
- Then you may Relax…because you will realise that to make a decision today was a reason for your dreams come true
If you click on the “More” button there is a notice from founder…
Laszlo Horvath bets that you and him have a lot in common. He created MegaSpooler because he wanted to live his dreams. He was stuck in bad economic situation. He tried to change it by working with internet marketing programs. Things did not go as planned, most of those programs were scams.
This is when he decided to create his own program…
He dreamed of a program with no competition, suitable for the majority of people. From loners to leaders. One that was simple, hassle free and fully automated.
That’s what Mega Spooler is he continues…his contribution to making the world a btter place.
Touching introdution, let’s see what’s next…
How it Works – Compensation Plan
You pay 0.01 BTC (approx $10 at the time speaking). This is one time payment, no monthly or other fees hidden.
It is a program based on bitcoin, that is raising its value constantly, and there are no taxes. You get free tools like professionally created text ads, videos and banners for your network growth. You get as a bonus 2 millions ads displays. You can use MegaSpooler to promote your other projects for free.
And there is an option to choose where to register in the network:
- Opt #1 – to the highest available position (recommended for people that don’t expect to register many members)
- Opt #2 – under sponsor (recommended for leaders that expect to register thousands of members)
This way you get an opportunity to use different network building strategies…
- Free re-investments, as you upgrade, the system gradually creates new accounts for you, totalling 1000 new accounts after your 7th upgrade
- Generous commissions (40% for 2nd level referrals, 40% matching bonus for all direct referrals and for all their upgrades)
The 3×7 forced Matrix (3 wide, 7 deep)
- Level 1, costs 0.01 BTC, 3 members in total, commission 0.004, total earnings 0.012, upgrade 0, reinvest 0, profit 0.002
- Level 2, costs 0.01 BTC, 9 members in total, commission 0.004, total earnings 0.036, upgrade 0.03, reinvest 0, profit 0.006
- Level 3, costs 0.03 BTC, 27 members in total, commission 0.012, total earnings 0.324, upgrade 0.25, reinvest 0, profit 0.074
- Level 4, costs 0.25 BTC, 81 members in total, commission 0.1, total earnings 8.1, upgrade 1.5, reinvest 1, profit 5.6
- Level 5, costs 1.5 BTC, 243 members in total, commission 0.6, total earnings 145.8, upgrade 5.0, reinvest 2, profit 138.8
- Level 6, costs 5 BTC, 729 members in total, commission 2, total earnings 1458, upgrade 15, reinvest 3, profit 1440
- Level 7, costs 15 BTC, 2187 members in total, commission 6, total earnings 13122, upgrade N/A, reinvest 4, profit 13188
- MB 1 direct referrals – Level 1 = 0.004, level 2 = 0.004, level 3 = 0.012, level 4 = 0.1, level 5 = 0.6, level 6 = 2, level 7 = 6
- MB 10 direct referrals – Level 1 = 0.04, level 2 = 0.04, level 3 = 0.12, level 4 = 1, level 5 = 6, level 6 = 20, level 7 = 60
- MB 100 direct referrals – Level 1 = 0.4, level 2 = 0.4, level 3 = 1.2, level 4 = 10, level 5 = 60, level 6 = 200, level 7 = 600
You can withdraw earnings after upgrading to the 3rd level. Minimum payout 0.03 BTC
Laszlo insists that everything in this plan is automated. An automatic setup prevents members from withdrawing their entire earnings that would disturb the cash flow. Your referrals are guaranteed to upgrade and re-invest. The system automatically divides earnings, upgrades, re-invests, and the rest are being sent to your e-wallet once per week.
Total Matrix profit 14702.482 BTC…Do you really believe that you can generate such a profit?…it is $15 millions+
OK, great plan, I wonder what MegaSpooler sells.!…are there any products?
Products – Not a very solid line
- Level 1: Book 1 – Attracting wealth through the law of attraction
- Level 1: Book 2 – Build your network
wow, 2 whole books. I really wonder how many books are out there about law of attraction. There is not even a preview, nothing, we can only see 2 cover images.
FAQ – Terms – Important
- You can register unlimited accounts even from one single IP
- No refunds
The Facebook page is just a spammy timeline trying to recruit people into the system. The same post and images used all over again. Interaction is almost non existent,
Owners – Domain
The whois database indicates the registration date for the domain megaspooler.com, 21 September 2016. The name Laszlo Horvath appears as registrant, The address Xanthis Xenierou 23, Nicosia, 1015, Cyprus is provided and a tel no +357.99987386
The compensation plan is pretty straight forward so we know what to expect….and there is noting to expect. Do not wait to get rich, financial freedom is not built using such systems. Let me break it down for you…
There are no retail products for external non affiliated customers. And the 2 books used as a smoke curtain are totally useless and are only available to Mega Spooler affiliates / members. Who ever wants to read about the law of attraction can find unlimited free resources online.
With that being said any MLM company without a solid product line is doomed to extermination. Mega Spooler affiliates can only market the membership iteself by recruiting others into the system. A Pyramid scheme in its simplest form. And when recruitment slows down it is when the system enters a pre-collapse mode.
A Ponzi scheme that is solely dependent on affiliates and their investments, the one and only source of income. A mathematically proved formula to perfect failure. But…not for the owner. He has pre-filled all matrices with his name on top and receives payments immediately. He does not have to upgrade to the 3rd level in order to withdraw earnings. You do.
The fact that anyone can register unlimited accounts shows the real intentions of the owner who wants to collect as much Bitcoins as he can in the shortest period of time.
Pretty awful, another example of a pseudo MLM
How to Make Money Online the Right Way
Hunting down matrices like Mega Spooler won’t get you far. You will end up disappointed and frustrated, trying to udnerstand what went wrong. It is just a fake system to grab your money.
However if you are willing to work hard then I have good news. The most newbie friendly online business model is by far affiliate websites. This is how I started 2 years ago and turned one single property into a multile income stream. Long term potential, no risks, minimum startup costs, endless opportunities.
That’s it, another review has finished, here on Web Market Support. I am waiting for your comments and thoughts. Till next time, your online partner.
The Best All-in-One Business Package for Newbies