We Obtained Associates fails to offer possession or govt info on its web site.
A company handle in Carson Metropolis, Nevada for We Obtained Associates LLC is supplied.
This handle belongs to Eazy Bit Begin LLC. Eazy Biz Begin sells LLC formation providers to “defend your self from legal responsibility”.
We Obtained Associates advertising and marketing movies are hosted by David Dubbs and Val Smyth. The pair look like working the corporate.
Smyth first popped up on BehindMLM’s radar in 2015 as co-admin of Whole Takeover.
Whole Takeover was a comparatively short-lived recruitment scheme. Just a few months after launch Whole Takeover collapsed.
Later within the yr Smyth returned with The Elite Networker, one other recruitment-driven alternative.
In 2016 Smyth launched Mentoring Millionaires, a mixture pyramid gifting scheme.
Smyth’s final BehindMLM look was Legends VIP Community in August 2019.
Legends VIP Community was a pyramid scheme constructed round pirated stream content material. From what I’ve been in a position to piece collectively, Legends VIP Community collapsed someday in 2022.
David Dubbs (proper) made a reputation for himself in Bellamora. Bellamora shut down in 2011, prompting Dubbs to proceed on as a marketer targeted on lead technology.
This primarily takes place by way of The Conversion Professionals, of which Dubbs is the Chief Advertising and marketing Officer.
The Conversion Professionals supplied leads for MLM scams, culminating in proprietor Ron Pope being a part of the CashFX Group Ponzi launch staff in 2019.
Pope’s function inside CashFX Group has by no means been publicly clarified. He’s extensively seen as a co-founder of the corporate, extending so far as a silent proprietor/govt.
The Ponzi aspect of CashFX Group collapsed in November 2021. The pyramid aspect of the rip-off continued into early 2022 however by mid yr had additionally collapsed.
Via The Conversion Professionals, Dubbs ran advertising and marketing coaching for CashFX Group Ponzi recruiters.
I believed this led to January 2022. Seems Dubbs was nonetheless teaching CashFX Group Ponzi scammers into mid 2022, the movies have simply been deleted.
Whether or not Dubbs himself participated in CashFX Group as an investor is unclear. Given his shut proximity to Ron Pope, it’s extremely doubtless.
Versus pretending We Obtained Associates relies out Nevada, Val Smyth and David Dubbs function from Canada and Nashville, Tennessee respectively.
Learn on for a full evaluate of We Obtained Associates’ MLM alternative.
We Obtained Associates’ Merchandise
We Obtained Associates has no retailable services or products.
Associates are solely in a position to market We Obtained Associates affiliate membership itself.
We Obtained Associates affiliate membership offers entry to 100 leads a month.
Right here’s Val Smyth’s description of the leads, taken from a February 2023 We Obtained Associates advertising and marketing webinar:
Each month you could have 100 leads assured. Decide-ins, opt-ins, those that want to make three to seven thousand {dollars} a month in a web based enterprise. Presumably even utilizing their cell telephones.
You’re gonna get all fields of data. Time, date-stamped, first title, final title, electronic mail handle, cellphone numbers.
You need to use the leads for every thing and something. It doesn’t must be for right here (We Obtained Associates).
We Obtained Associates associates are additionally supplied entry to a “Digital Hacks Video Coaching Library”, in addition to low cost financial savings apps.
We Obtained Associates associates are in a position to promote results in retail clients, nevertheless this has nothing to do with the MLM alternative.
We Obtained Associates’ Compensation Plan
We Obtained Associates expenses associates $20 plus $69.95 a month.
These charges are used to pay recruitment-based commissions and bonuses.
Recruitment Commissions
We Obtained Associates pays recruitment commissions down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – $30
- ranges 2 and three – $5
Residual Commissions
We Obtained Associates pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary staff, break up into two sides (left and proper):
The primary stage of the binary staff homes two positions. The second stage of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary staff are crammed by way of direct and oblique recruitment of associates. Observe there isn’t any restrict to how deep a binary staff can develop.
On the finish of the weekly pay interval, We Obtained Associates associates earn 25% of gross sales quantity generated on their weaker binary staff aspect.
As soon as paid out on, quantity is matched in opposition to the stronger binary staff aspect after which flushed.
Any leftover quantity on the stronger binary staff aspect carries over into the next pay-period.
Matching Bonus
We Obtained Associates pays a Matching Bonus on residual commissions earned by personally recruited associates.
The Matching Bonus share is just not disclosed.
International Loyalty Bonus Pool
We Obtained Associates takes an undisclosed share of company-wide payment quantity and locations it into the International Loyalty Bonus Pool.
The International Loyalty Bonus Pool is shared between We Obtained Associates’ “high performers”. Presumably this standards is tied to direct and oblique recruitment.
Becoming a member of We Obtained Associates
We Obtained Associates affiliate membership is $20 one-time plus $69.95 a month.
We Obtained Associates Conclusion
Whereas the pirated streaming aspect of Legends VIP Community collapsed final yr, the corporate’s web site continues to be up.
On mentioned web site you’ll discover Legends VIP Community has been repurposed to shill, amongst different issues, “biz opp leads”.
This transformation occurred in late 2022. Studying between the traces; We Obtained Associates is a continuation of this shill, promoting The Conversion Professionals leads by means of We Obtained Associates.
The issue is We Obtained Associates is a $20 after which $69.95 a month pyramid scheme.
Leads can be bought to retail clients however, as famous, this has nothing to do with the MLM alternative.
We Obtained Leads as an MLM alternative might be damaged down as follows:
- pay $20 and $69.95 a month
- recruit others who do the identical
- receives a commission
This can be a traditional MLM pyramid scheme, consistent with each MLM alternative Val Smyth has launched through the years. And with the CashFX Group Ponzi collapsing, David Brooks has come alongside for the journey.
You may need come throughout We Obtained Associates being pitched as “We Obtained Associates Nitroline”.
Nitroline refers to an automatic advertising and marketing system, doubtless pulled from The Conversion Professionals.
As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will recruitment commissions.
Until new victims are discovered, these on the backside of the We Obtained Associates pyramid will ultimately cease paying their $69.95 a month.
This can see these above them cease getting paid, and ultimately additionally cease paying their $69.95 a month.
As soon as sufficient associates cease paying their month-to-month payment as a consequence of lack of recruitment, We Obtained Associates collapses.
Math ensures the vast majority of contributors in a pyramid scheme lose cash.