Expo R&M operates within the cryptocurrency MLM area of interest.
The corporate represents it’s headed up by “official beneficiary” Cesar Barmejo.
Barmejo doesn’t exist exterior of Expo R&M’s advertising and marketing materials.
Barmejo’s private Twitter account was created in November 2020, and exists solely to advertise Expo R&M.
Barmejo seems in one Expo R&M advertising and marketing video. He speaks in Spanish and is sitting within the traditional rented workplace surroundings.
All of this marks Cesar Barmejo as a primary Boris CEO candidate.
Expo R&M has ties to the Ukraine and Russia by its EU Regional Ambassador, Agris Chukurs.
Chukurs’ supplied Fb profile was created in 2009 and divulges he’s a frequent traveler between the Ukraine and Russia.
Chukurs seems to be an precise particular person, nonetheless there’s nothing linking him to the MLM trade exterior of Expo R&M.
That is odd seeing as Expo R&M claims Chukurs ‘labored as a community gross sales govt for a U.S. firm.’
Expo R&M’s ties to the Ukraine match up a staged “expo occasion”, held in Kiev in October 2020.
That is across the time Expo R&M launched. The corporate’s web site area was privately registered in Could 2020.
Regardless of solely current for just a few months, on its web site Expo R&M falsely represents it has been round since at the least 2017.
In an try to look legit, Expo R&M supplies a primary incorporation certificates for IH Expo Analysis and Administration International LTD.
The corporate was integrated in Cyprus in July 2020. Fundamental incorporation wherever is meaningless with respect to MLM due-diligence.
Fundamental incorporation in dodgy jurisdictions like Cyprus are much more meaningless.
Alexa at present ranks two international locations as offering the vast majority of visitors to Expo R&M’s web site; Argentina (41%) and the Ukraine (15%).
The ties to Argentina are most likely linked to hiring of whoever Cesar Barmejo really is.
Placing all of this collectively, Expo R&M seems to be a case of Ukrainian admins scamming South Individuals.
As at all times, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Expo R&M’s Merchandise
Expo R&M has no retailable services or products.
The corporate’s associates are solely in a position to market Expo R&M affiliate membership itself.
Expo R&M’s Compensation Plan
Expo R&M associates pay six-month subscription charges.
- Expo1 – $10 each 6 months
- Expo2 – $50 each 6 months
- Expo3 – $150 each 6 months
- Expo4 – $300 each 6 months
- Expo5 – $500 each 6 months
These charges are used to pay recruitment commissions and digital share ROIs.
Fee Caps
Expo R&M caps commissions primarily based on how a lot an affiliate has spent on membership charges:
- Expo1 tier associates can earn as much as $27,672
- Expo2 tier associates can earn as much as $138,361
- Expo3 tier associates can earn as much as $415,084
- Expo4 tier associates can earn as much as $830,169
- Expo5 tier associates can earn as much as $1,383,615
Though not explicitly clarified, I consider these caps apply for the entire of a six-month membership.
If the cap is reached, a brand new Expo R&M membership is required to proceed incomes.
Direct Recruitment Commissions
Expo R&M associates earn a ten% direct recruitment fee.
Residual Commissions
Expo R&M pays residual commissions by way of a 3×10 matrix.
A 3×10 matrix locations an affiliate on the high of a matrix, with three positions immediately below them:
These three positions type the primary degree of the matrix. The second degree of the matrix is generated by splitting these first three positions into one other three positions every (9 positions).
Ranges three to 10 of the matrix are generated in the identical method, with every new place housing 3 times as many positions because the earlier degree.
Expo R&M pays residual commissions as a proportion of affiliate membership payment funds made throughout the three×10 matrix as follows:
- degree 1 – 10%
- degree 2 – 8%
- degree 3 – 7%
- degree 4 – 6%
- ranges 5 and 6 – 5%
- ranges 7 and eight – 4%
- ranges 9 and 10 – 3%
Digital Shares Funding Scheme
Expo R&M sells digital shares for $50 every.
25% of all membership charges paid in are used to pay returns on every share.
Returns are calculated on Expo R&M digital shares twice a month for a 12 months (12 months).
On the finish of a 12 months associates promote their shares again to Expo R&M at regardless of the set inner worth is.
Expo R&M’s official compensation plan supplies a 7% to twenty% month-to-month ROI projection.
Digital Shares Commissions
Expo R&M pays commissions on digital share funding by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel group, with each personally recruited affiliate positioned immediately below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Expo R&M cap payable unilevel group ranges at twenty-five.
Digital shares commissions are paid out as a proportion of $50 share funding throughout these twenty-five ranges as follows:
- degree 1 (will need to have an lively Expo1 or greater subscription) – 4%
- degree 2 (generate $1000 in complete share funding quantity) – 5%
- degree 3 (will need to have an lively Expo2 or greater subscription and generate $2000 in complete share funding quantity) – 6%
- degree 4 (generate $3000 in complete share funding quantity) – 7%
- degree 5 (will need to have an lively Expo3 or greater subscription and generate $5000 in complete share funding quantity) – 8%
- degree 6 (generate $7000 in complete share funding quantity) – 8.5%
- degree 7 (will need to have an lively Expo4 or greater subscription and generate $10,000 in complete share funding quantity) – 9%
- degree 8 (generate $15,000 in complete share funding quantity) – 9.5%
- degree 9 (will need to have an lively Expo5 or greater subscription and generate $20,000 in complete share funding quantity) – 10%
- degree 10 (generate $25,000 in complete share funding quantity) – 10.5%
- degree 11 (generate $35,000 in complete share funding quantity) – 11%
- degree 12 (generate $50,000 in complete share funding quantity) – 11.5%
- degree 13 (generate $70,000 in complete share funding quantity) – 12%
- degree 14 (generate $100,000 in complete share funding quantity) – 12.5%
- degree 15 (generate $150,000 in complete share funding quantity) – 13%
- degree 16 (generate $250,000 in complete share funding quantity) – 13.5%
- degree 17 (generate $500,000 in complete share funding quantity) – 14%
- degree 18 (generate $1,000,000 in complete share funding quantity) – 14.5%
- degree 19 (generate $2,000,000 in complete share funding quantity) – 15%
- degree 20 (generate $5,000,000 in complete share funding quantity) – 15.5%
- degree 21 (generate $10,000,000 in complete share funding quantity) – 16%
- degree 22 (generate $15,000,000 in complete share funding quantity) – 16.5%
- degree 23 (generate $30,000,000 in complete share funding quantity) – 17%
- degree 24 (generate $50,000,000 in complete share funding quantity) – 17.5%
- degree 25 (generate $100,000,000 in complete share funding quantity) – 18%
Complete share funding quantity is counted from share funding by all downline associates (immediately and not directly recruited).
Rank Achievement Bonuses
There are ten affiliate ranks inside Expo R&M’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Supervisor – generate $5000 in downline membership gross sales quantity
- Senior Supervisor – generate $25,000 in downline membership gross sales quantity
- Govt Supervisor – generate $50,000 in downline membership gross sales quantity
- Lead Supervisor – generate $100,000 in downline membership gross sales quantity
- Expo Supervisor – generate $300,000 in downline membership gross sales quantity
- Mentor – generate $1,000,000 in downline membership gross sales quantity
- Expo Mentor – generate $4,000,000 in downline membership gross sales quantity
- Grasp – generate $15,000,000 in downline membership gross sales quantity
- Senior Grasp – generate $60,000,000 in downline membership gross sales quantity
- Expo Grasp – generate $100,000,000 in downline membership gross sales quantity
Expo R&M’s compensation plan states that rank qualification downline membership gross sales is counted at “50% worth of the very best performing department”.
They don’t specify whether or not this is likely one of the three matrix legs or one unilevel group leg.
Corresponding Rank Achievement Bonuses awarded for qualifying at Supervisor and better are as follows:
- qualify at Supervisor and obtain a set of Apple AirPods or Samsung AirBuds
- qualify at Senior Supervisor and obtain an Apple Watch or Samsung Watch
- qualify at Govt Supervisor and obtain an iPhone 12 or Samsung Galaxy S20
- qualify at Lead Supervisor and obtain a “journey for two”
- qualify at Expo Supervisor and obtain an Apple Macbook 13″ or Dell XPS 13″ laptop computer
- qualify at Mentor and obtain a “cruise for two”
- qualify at Expo Mentor and obtain a automobile valued at as much as $40,000
- qualify at Grasp and obtain a automobile valued at as much as $100,000
- qualify at Senior Grasp and obtain an house valued at as much as $600,000
- qualify at Expo Grasp and obtain “actual property” valued at as much as $1,000,000
Becoming a member of Expo R&M
Expo R&M affiliate membership is tied to a $10 to $500 bundle buy:
- Expo1 – $10 each six months
- Expo2 – $50 each six months
- Expo3 – $150 each six months
- Expo4 – $300 each six months
- Expo5 – $500 each six months
Notice that these packages should be bought in sequential order.
The first distinction between the packages is revenue potential by way of Expo R&M’s compensation plan.
Conclusion
Expo R&M markets itself on the premise its associates
EARN FROM 7% UP TO 20% MONTHLY ON DIGITAL TECHNOLOGIES
In actuality Expo R&M is a reasonably normal Ponzi pyramid hybrid.
There’s a bunch of baloney in Expo R&M’s advertising and marketing materials about future services and products.
None of it issues so I haven’t bothered to cowl it.
By their very own admission, Expo R&M take
- 75% of affiliate membership charges paid and use them to pay recruitment commissions
- 25% of affiliate membership charges paid and use them to pay returns on share funding
Utilizing 75% of affiliate membership charges to pay commissions on the recruitment of latest associates is straight up pyramid scheme territory.
Utilizing 25% of affiliate membership charges to pay returns on digital shares constitutes each an unregistered securities providing and Ponzi fraud.
Expo R&M just isn’t registered to supply securities in any jurisdiction. This consists of Argentina and the Ukraine, it’s two major sources of recruitment.
Securities fraud is against the law the world over.
By recycling 25% of affiliate membership charges paid in to pay returns, Expo R&M operates as a Ponzi scheme.
There are guarantees of exterior income however none exist – it’s all only a advertising and marketing ruse.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
This can starve Expo R&M of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of members lose cash.
One final thing to notice is, though there’s no point out of it wherever in Expo R&M’s compensation plan, Agris Chukurs’ Fb profile header suggests a token exit-scam.
When the time comes, Expo R&M will cease paying out precise cash and change to EXST and EXPT tokens.
These shall be shit tokens Expo R&M creates on no matter platform.
Expo R&M would possibly honor token withdrawals for some time longer by their inner change/pockets.
The final section of the exit-scam shall be initiated when EXST and EXPT are dumped on some dodgy change.
After an preliminary pump, permitting Expo R&M admins and high promoters to money out much more, each tokens dump to zero.
That is your basic token exit-scam mannequin, leaving the vast majority of associates bagholding nugatory tokens they will’t unload.