InnovaTech offers no data on their web site about who owns or runs the corporate.
In reality InnovaTech doesn’t present any data in any way. As I write this InnovaTech’s front-end web site is nothing greater than an affiliate login type.
InnovaTech’s web site area (“innovatechinternational.com”) was privately registered on October 1st, 2019.
Nearly all of InnovaTech’s official advertising movies are in Spanish. That is additionally true of InnovaTech common advertising.
At a minimal, this implies whoever is operating InnovaTech has ties to a Spanish-speaking nation.
As at all times, if an MLM firm will not be brazenly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
InnovaTech’s Merchandise
InnovaTech has no retailable services or products, with associates solely capable of market InnovaTech affiliate membership itself.
InnovaTech’s Compensation Plan
InnovaTech associates make investments $350 to $50,000 on the promise of a 4 yr ROI.
- Iron – $350
- Bronze – $750
- Silver – $1500
- Gold – $3000
- Platinum $6000
- Diamond – $12,000
- Challenger – $24,000
- Champion – $50,000
InnovaTech associates can select the way to obtain their returns from three choices:
- 9% a month;
- 80% each 6 months; or
- 210% yearly
Referral Commissions
InnovaTech pays referral commissions on funds invested by personally recruited associates.
Referral fee charges are decided by which ROI schedule personally recruited associates go for:
- obtain 10% on funds invested with a month-to-month ROI schedule
- obtain 12% on funds invested with a 6 month ROI schedule
- obtain 14% on funds invested with an annual ROI schedule
Residual Commissions
InnovaTech pays residual commissions by way of a binary compensation construction.
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. Notice there isn’t any restrict to how deep a binary staff can develop.
On the finish of every week InnovaTech tallies up new funding quantity on either side of the binary staff.
Associates are paid 5% of funds invested on the weaker binary staff facet.
As soon as paid out on, funds are matched towards the stronger facet and flushed. Any leftover funding quantity on the stronger binary staff facet carries over.
Auto & Residence Life-style Bonus
InnovaTech affords associates a six tier month-to-month Auto & Residence Life-style Bonus.
Regardless of the title, the Auto & Life-style Money Bonus is an easy money bonus that may be spent on something.
Listed here are the Auto & Residence Life-style Bonus tier {qualifications}:
- make investments at Bronze or increased and generate $10,000 in weaker binary staff facet funding quantity for the month = $750
- make investments at Bronze or increased and generate $20,000 in weaker binary staff facet funding quantity for the month = $1500
- make investments at Silver or increased and generate $30,000 in weaker binary staff facet funding quantity for the month = $2300
- make investments at Silver or increased and generate $40,000 in weaker binary staff facet funding quantity for the month = $2800
- make investments at Platinum or increased and generate $50,000 in weaker binary staff facet funding quantity for the month = $3500
- make investments at Platinum or increased and generate $60,000 in weaker binary staff facet funding quantity for the month = $5000
- make investments at Diamond or increased and generate $100,000 in weaker binary staff facet funding quantity for the month = $7000
- make investments at Diamond or increased and generate $150,000 in weaker binary staff facet funding quantity for the month = $11,000
- make investments at Competitor or increased and generate $200,000 in weaker binary staff facet funding quantity for the month = $14,000
- make investments at Champion or increased and generate $300,000 in weaker binary staff facet funding quantity for the month = $21,000
Becoming a member of InnovaTech
InnovaTech affiliate membership is tied to funding in one in all their plans:
- Iron – $350
- Bronze – $750
- Silver – $1500
- Gold – $3000
- Platinum $6000
- Diamond – $12,000
- Challenger – $24,000
- Champion – $50,000
All funding into InnovaTech attracts a 7% admin charge.
Conclusion
InnovaTech represents it generates exterior income from a lot of sources, and has been for twelve years:
This declare fails the Ponzi logic take a look at.
For starters, InnovaTech didn’t exist till late 2019. Secondly, if InnovaTech has been producing annual returns of 210% for over a decade, what do they want your cash for?
InnovaTech offers no proof it’s producing exterior income of any form, or is utilizing exterior income to pay marketed returns.
The one verifiable income coming into InnovaTech is new funding.
Utilizing new funding to pay InnovaTech associates a return makes InnovaTech a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve InnovaTech of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of members lose cash.