Meals Earners Observe fails to supply possession or govt data on its web site.
Meals Earners Observe’s web site area (“foodearnerstrack.com”), was registered in December 2019. The non-public registration was final up to date on November twenty third, 2023.
One entity we are able to tie to Meals Earners Observe is Dextra Applied sciences, creator of Meals Earners Observe’s advertising and marketing supplies.
Dextra Applied sciences is a digital advertising and marketing agency primarily based out of Awka, Nigeria. As of Might 2024, SimilarWeb additionally tracked 100% of Meals Earners Observe web site site visitors from Nigeria.
From this we are able to surmise whoever is working Meals Earners Observe is probably going primarily based out of Nigeria.
As all the time, if an MLM firm just isn’t brazenly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Meals Earners Observe’s Merchandise
Meals Earners Observe has no retailable services or products.
Associates are solely in a position to market Meals Earners Observe affiliate membership itself.
Meals Earners Observe’s Compensation Plan
Meals Earners Observe associates buy N1000 positions in a six-tier matrix cycler.
Meals Earners Observe makes use of 3×1 and three×2 matrices in its cycler.
A 3×1 matrix is straightforward, requiring solely three positions to fill.
A 3×2 matrix provides an extra stage, bringing the full variety of positions to fill to 12.
Positions within the cycler are stuffed through direct and oblique recruitment of Meals Earners Observe associates who additionally buy N1000 positions.
As soon as all positions in a matrix are stuffed, a “cycle” is generated. This corresponds with a fee cost and entry into the following tier of the cycler.
Funds throughout all of Meals Earners Observe’s six matrix cycler tiers are as follows:
- Feeder (3×1 matrix, prices N1000 to enter) – N1100 fee and cycles into Stage 1
- Stage 1 (3×2 matrix) – N6500 fee and cycles into Stage 2
- Stage 2 (3×2 matrix) – N40,000 fee and cycles into Stage 3
- Stage 3 (3×2 matrix) – N150,000 fee and cycles into Stage 4
- Stage 4 (3×2 matrix) – N9,500,000 fee and cycles into Stage 5
- Stage 5 (3×2 matrix) – N55,000,000 fee
Word that Meals Earners Observe associates who cycle out of Stage 5 obtain N4,000,000 per affiliate they’ve recruited who additionally cycles out of Stage 5.
Becoming a member of Meals Earners Observe
Meals Earners Observe affiliate membership is free.
Full participation within the hooked up earnings alternative requires not less than one N1000 cycler place buy.
Meals Earners Observe Conclusion
Meals Earners Observe combines a charity advertising and marketing ruse with monetary fraud.
We’re Multi Stage Advertising (MLM) Community firm on a mission to empower lives (charity, enhance financial system commonplace
and monetary freedom), individuals struggling to feed themselves, financial insecurity, meals insecurity, starvation, malnutrition, poverty and lots of others within the society.We create the working collectively to supply sustainable meals gadgets for all registered members and likewise makes one self
-employed.Additionally, we assist to extend lifestyle, creating room for job alternative and empowering the much less privilege.
That is in fact baloney. Right here’s the very first thing guests to Meals Earners Observe’s web site see:
Like all cycler Ponzi schemes, Meals Earners Observe is about enriching oneself on the expense of others.
Particularly, one N1000 Meals Earners Observe place biking by means of all six tiers pays out N64,697,600. That’s 64,697 N1000 funds.
For sure the one individual getting anyplace remotely near that’s Meals Earners Observe’s nameless admin(s).
Admin positions in an MLM Ponzi cycler are added in first. These positions contribute nothing to the rip-off however suck many of the deposited funds by reaching the higher tiers of the cycler first.
This comes on the expense of the recruited contributors, the vast majority of whom lose cash.
To drive some extent residence; stealing from individuals to complement your self is the other of “empowering the much less privilege”.