Korean MLM

"Buy 1 for yourself and get the chance to sell your friends and family 5 and get your downline started!" We examine the multi-level marketing industry, where only the people who come up with the ideas make any money, and everybody else is left unhappy, broke, and tired of reading scripts and selling overpriced vitamins and similarly worthless products. Includes Global Prosperity, Pinnacle Quest International, IRS Codebusters, Stratia, and other new Global Prosperity scams.

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Green Lantern

Korean MLM

Postby Green Lantern » Wed Nov 21, 2007 8:29 am

http://www.ef2t.com/

...complete with gas saving pills, longevity teas, snake oil, etc..

Product costs seem to be 1/10 of sales revenues, commissions are about 2/10 of sales.

It's sort of the Korean Melaleuca!

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Doktor Avalanche
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Re: Korean MLM

Postby Doktor Avalanche » Wed Nov 21, 2007 9:28 am

Green Lantern wrote:http://www.ef2t.com/

...complete with gas saving pills, longevity teas, snake oil, etc..

Product costs seem to be 1/10 of sales revenues, commissions are about 2/10 of sales.

It's sort of the Korean Melaleuca!


Gas saving pills? Like the kind that reportedly turn ordinary water into gasoline?
The laissez-faire argument relies on the same tacit appeal to perfection as does communism. - George Soros

Green Lantern

Re: Korean MLM

Postby Green Lantern » Wed Nov 21, 2007 9:29 pm

Doktor Avalanche wrote:Gas saving pills? Like the kind that reportedly turn ordinary water into gasoline?


Not quite.

BTW---this company seems to have ties to China and Korea.

Looking at their press release, they project sales of $88 million this year and product costs of about 10% and commissions of 30%. They must pay nothing for their product other than packaging (which may be the most valuable part of the purchase price) just get your friends to buy the same crap you bought! :roll:


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