Elomir operates within the dietary complement MLM area of interest.
The corporate claims it was “based in 2021 by Toan and Van Nguyen.”
Toan and Van Nguyen are offered as Elomir’s CEO govt group:
Elomir was based in 2021, however not by the Nguyens.
Elomir was included on September ninth, 2021, as Elomir INC in Texas.
Versus the Nguyen’s, Terry Lacore is listed as the only Director of the corporate.
Terry LaCore (proper) owns LaCore Enterprises, making Elomir a part of LaCore’s secure of MLM corporations.
Versus the standard pretending in any other case, LaCore Enterprises is acknowledged on Elomir’s web site because the “LaCore Enterprises eco-system”.
They’re virtually there – they simply must be clear about Terry LaCore proudly owning these corporations and getting others to run them.
BehindMLM got here throughout Toan Nguyen earlier this yr, as lead advisor of the DeFinity FI Academy Ponzi scheme.
Web site visitors to DeFinity FI Academy has since collapsed. The corporate’s social media accounts had been deserted in March.
Our analysis into Nguyen for DeFinity FI Academy is relevant right here;
Toan and his associate Van seem to have gotten concerned in MLM by way of Authorized Protect over a decade in the past.
Nerium was subsequent (2015), adopted by Wor(l)d International Community (2017), ByDzyne (2019) and BioReigns (additionally 2019).
Promotion of BioReigns appears to have stopped round October 2020.
Nguyen’s crypto bro journey seems to have began in mid 2018.
After beginning out selling numerous shitcoins by way of “PIG” or “Passive Earnings Group”, Nguyen started selling “yield farm” Ponzi schemes a few yr in the past.
This led to MLM crypto Ponzi schemes, beginning with BNBBusiness in October 2021.
Circa January 2021, Nguyen had simply began to advertise Holton Buggs’ Meta Bounty Hunters NFT Ponzi scheme.
As of April 2022 Toan Nguyen was nonetheless selling crypto Ponzi schemes on his P.I.G. Passive Earnings Group YouTube channel:
Yield Nodes is a non-MLM crypto Ponzi pitching a ten% common month-to-month ROI.
Per week or so after Nguyen uploaded the video above, the Terra Luna crypto crash hit. After that Nguyen went darkish on YouTube, however nonetheless promotes Ponzi schemes on FaceBook and Telegram:
Between selling crypto Ponzi schemes, Toan apparently runs Elomir with associate Van. I’m assuming she’s doing a lot of the heavy lifting whereas Toan continues to rip-off individuals by way of crypto.
The Nguyens are primarily based out of California whereas LaCore Enterprises and Elomir are primarily based out of Texas.
Learn on for a full assessment of Elomir’s MLM alternative.
Elomir’s Merchandise
Elomir’s solely listed product on their web site is Axis Klarity.
3 easy and efficient substances mix, mixed with the unique proprietary Diffusion Expertise.
You might really feel the advantages in minutes by merely permitting the strip to dissolve in your tongue!
The three lively substances in Elomir’s Axis Klarity strips are curcumin conjugate, NAC conjugate and thiamine conjugate.
Curcumin is turmeric. NAC refers to N-acetylcysteine and thiamine is vitamin B1. Conjugate refers to those substances being equipped in spinoff type.
Whilst you is likely to be accustomed to turmeric and thiamine, maybe you’re much less acquainted with NAC.
Individuals generally use N-acetyl cysteine for cough and different lung circumstances. Additionally it is used for flu, dry eye, and lots of different circumstances, however there isn’t a good scientific proof to assist many of those makes use of.
There may be additionally no good proof to assist utilizing N-acetyl cysteine for COVID-19.
Though many dietary complement merchandise include N-acetyl cysteine, the US FDA states that it’s unlawful for dietary dietary supplements to include N-acetyl cysteine because it’s technically an authorised drug.
Prescription N-acetyl cysteine merchandise can be found beneath the steerage of a healthcare supplier.
Except I’m lacking one thing, Elomir’s flagship product illegally accommodates a drug that’s solely imagined to be accessible within the US by way of prescription.
Axis Klarity retails for $89 for a bottle of thirty strips. At time of publication Elomir’s web site has Axis Klarity marked as “out of inventory”.
Elomir’s Compensation Plan
Elomir’s compensation plan combines retail commissions with Enrollment Pak recruitment commissions.
Residual commissions are paid month-to-month primarily based on rank, with Rank Achievement Bonuses additionally accessible.
Elomir Affiliate Ranks
Elomir’s compensation plan has fifteen affiliate ranks.
Together with their respective qualification standards, they’re as follows:
- Model Companion – join as an Elomir affiliate and keep 65 PV a month
- Icon – generate and keep 65 PV and 300 GV a month, recruit and keep one Model Companion and refer and keep one retail buyer
- Icon1 – keep 65 PV a month, generate and keep 500 GV a month and keep one personally recruited Model Companion and referred retail buyer
- Icon2 – keep 65 PV a month, generate and keep 700 GV a month and keep one personally recruited Model Companion and referred retail buyer
- Icon3 – keep 65 PV a month, generate and keep 1500 GV a month, recruit and keep two Model Companions and keep one personally referred retail buyer
- Icon4 – generate and keep 100 PV and 4500 GV a month, and keep two personally recruited Model Companions and one referred retail buyer
- Icon5 – keep 100 PV a month, generate and keep 8000 GV a month, recruit and keep three Model Companions and refer and keep three retail clients
- Icon6 – keep 100 PV a month, generate and keep 15,000 GV a month, and keep three personally recruited Model Companions and three referred retail clients
- Icon7 – keep 100 PV a month, generate and keep 30,000 GV a month, and keep three personally recruited Model Companions and three referred retail clients
- Icon 8 – keep 100 PV a month, generate and keep 60,000 GV a month, and keep three personally recruited Model Companions and three referred retail clients
- Icon 9 – generate and keep 250 PV and 100,000 GV a month, and keep three personally recruited Model Companions and three referred retail clients
- Icon10 – keep 250 PV a month, generate and keep 200,000 GV a month, and keep three personally recruited Model Companions and three referred retail clients
- Icon 11 – keep 250 PV a month, generate and keep 300,000 GV a month, and keep three personally recruited Model Companions and three referred retail clients
- Icon12 – keep 250 PV a month, generate and keep 500,000 GV a month, and keep three personally recruited Model Companions and three referred retail clients
- Legend – keep 250 PV a month, generate and keep 800,000 GV a month, recruit and keep 4 personally recruited Model Companions and keep three referred retail clients
PV stands for “Private Quantity”. Private Quantity is gross sales quantity generated by retail orders and an affiliate’s personal purchases.
Elomir’s compensation plan states;
Putting an order month-to-month of Elomir merchandise or having retail buyer orders that creates a minimal of 65PV.
GV stands for “Group Quantity”. Group Quantity is PV generated by an affiliate and their downline.
Be aware that as much as 60% of required month-to-month GV is counted from anybody unilevel group leg.
Additionally notice that to rely in direction of rank qualification standards, referred clients have to be ordering at the very least one product every month.
Retail Commissions
Elomir associates earn commissions on the sale of Axis Klarity to retail clients.
Elomir pays retail commissions as 35% of gross sales quantity generated by retail buyer orders.
Recruitment Commissions
If an Elomir affiliate indicators up with an Enrollment Pak, recruitment commissions are paid out weekly and month-to-month.
The weekly recruitment fee is 15% of the gross sales quantity generated by the $250 Enrollment Pak price paid.
The month-to-month recruitment fee is paid out by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned straight beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel group.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Elomir caps month-to-month recruitment commissions at 4 unilevel group ranges.
Month-to-month recruitment commissions are paid as a share of Enrollment Pak charges paid throughout these 4 ranges primarily based on rank:
- Icons don’t earn month-to-month recruitment commissions
- Icon1s and Icon2s earn 5% on stage 1 (personally recruited associates)
- Icon3s by way of Icon7s earn 5% on ranges 1 and a pair of
- Icon8s and Icon9s earn 5% on ranges 1 to three
- Icon10s and better earn 5% on ranges 1 to 4
Residual Commissions
Elomir pays a flat month-to-month residual fee primarily based on rank:
- Icons earn $18 a month
- Icon1s earn $36 a month
- Icon2s earn $72 a month
- Icon3s earn $180 a month
- Icon4s earn $540 a month
- Icon5s earn $960 a month
- Icon6s earn $1800 a month
- Icon7s earn $3600 a month
- Icon8s earn $7200 a month
- Icon9s earn $13,000 a month
- Icon10s earn $26,000 a month
- Icon11s earn $39,000 a month
- Icon12s earn $65,000 a month
- Legends earn $104,000 a month
Rank Achievement Bonus
Elomir rewards associates for qualifying at Icon4 and better with the next one-time Rank Achievement Bonuses:
- qualify at Icon4 and obtain $200
- qualify at Icon5 and obtain $800
- qualify at Icon6 and obtain $1500
- qualify at Icon7 and obtain $3000
- qualify at Icon8 and obtain $6000
- qualify at Icon9 and obtain $10,000
- qualify at Icon10 and obtain $20,000
- qualify at Icon11 and obtain $30,000
- qualify at Icon12 and obtain $50,000 (paid out over 4 months, should qualify at Icon12 every month)
- qualify at Legend and obtain $80,000 (paid out over 4 months, should qualify at Legend every month)
Be aware that new ranks have to be maintained for two consecutive months to set off Rank Achievement Bonuses.
3X Rank Bonus
If an Elomir affiliate qualifies at Icon4 to Icon7 of their first month, they’ll obtain triple their Rank Achievement Bonus.
Be aware that 3X Rank Bonus is barely paid out on the very best rank achieved throughout the first month. All different Rank Achievement Bonuses are paid out as regular.
Becoming a member of Elomir
Elomir affiliate membership is $49 yearly.
This price is waived for the primary yr if an Elomir affiliate indicators up with a $250 Enrollment Pak.
Elomir’s Enrollment Pak comes with three bins of Axis Klarity.
Be aware there at the moment doesn’t look like any approach to enroll as an Elomir affiliate with out buying an Enrollment Pak:
Elomir Conclusion
Having one your organization CEO’s scamming individuals by way of crypto Ponzi schemes isn’t a very good look.
It casts doubt on Toan Nguyen’s long-term dedication to Elomir. Elomir kinda comes off as a side-hustle when in comparison with crypto scamming, which Toan has been at for a number of years now.
So far as I can inform Van Nguyen is dedicated to Elomir, which might be why a lot of the advertising and updates appear to return from her.
Toan and Van doing various things is completely advantageous, however why embody Toan as an Elomir co-founder if he’d moderately be crypto scamming?
Actually after I noticed Toan Nguyen’s identify come up in researching Elomir, I figured he’d given up crypto bro larping and moved on. It’s unlucky to see that’s not the case.
LaCore Enterprises is infamous for his revolving door executives, so it’ll be attention-grabbing to see how issues play out at Elomir long-term.
I’m going to reiterate that I is likely to be lacking one thing, however in any other case so far as I can inform Elomir is illegally promoting N-acetylcysteine of their Axis Klarity complement.
I went searching for FDA steerage on this, and the newest appears to be this;
As we speak, the U.S. Meals and Drug Administration (FDA) is saying the supply of a draft steerage on FDA’s coverage relating to merchandise labeled as dietary dietary supplements that include N-acetyl-L-cysteine (NAC).
The draft steerage, when finalized, will clarify our intent to train enforcement discretion with respect to the sale and distribution of sure NAC-containing merchandise which might be labeled as dietary dietary supplements.
That’s as of April twenty first, 2022. Whereas NAC may finally be authorised for inclusion in dietary dietary supplements, that’s at the moment not the case.
It appears LaCore Enterprises and Elomir might need jumped the gun on this. Which is regarding once more with respect to the long-term viability of Elomir.
Seeing as Axis Klarity is a strip product, it’s price noting Youngevity’s just lately filed lawsuit in opposition to Innov8tive Vitamin.
Innov8tive Vitamin is one other LaCore Enterprises MLM opp. Innov8tive Vitamin sells patches, which Youngevity allege don’t include the nutritional vitamins Innov8tive Vitamin claims they do.
Youngevity had Innov8tive Vitamin’s patches independently examined, and filed receipts with their lawsuit.
Each Innov8tive Vitamin’s patches and Elomir’s strips are manufactured by LaCore Enterprises.
Youngevity’s lawsuit was solely filed in late Could and continues to be taking part in out. I’m not stating that simply because Innov8tive Vitamin’s patches are baloney that mechanically the identical is true for Elomir – however it’s price maintaining in thoughts.
Dermal patches and strips are totally different supply techniques, however the primary thought is identical.
Maybe LaCore Enterprises or one in all their associates can get Axis Klarity independently examined? Though I’m unsure what that may imply relating to affirmation of the unlawful inclusion of NAC.
Transferring onto Elomir’s compensation plan, one factor LaCore Enterprises have been getting proper just lately is retail steadiness.
Elomir has retail buyer necessities and so they’re, for essentially the most half, matched in opposition to recruitment necessities. This ideally creates a 1:1 steadiness however I’d prefer to see retail rank necessities barely increased than recruitment.
One factor I discover regarding is, though it’s offered as “optionally available”, if you join as an Elomir affiliate you have to commit to buy of an Enrollment Pak.
If you think about four-level deep recruitment commissions, this aspect of Elomir features as a straight pyramid scheme.
Issues are tight with Icon3 required to earn residual recruitment commissions (past stage 1). Icon3 requires two recruited Model Companions however just one referred retail buyer.
Seeing as most associates aren’t going to make it previous Elomir’s first few ranks, this isn’t supreme.
Between Toan Nguyen nonetheless Ponzi scamming, Elomir showing to illegally use NAC in Axis Klarity and a compensation plan that, at the very least at decrease ranks, lends itself to a pyramid scheme, Elomir throws up sufficient purple flags to warrant warning.
May wish to sit this one out until the mud settles.