On the spot Recall offers no details about who owns or runs the corporate on its web site.
On the spot Recall’s web site area (“instantrecalls.com”), was privately registered on January 14th, 2021.
Additional analysis reveals On the spot Recall advertising and marketing movies citing Paul Schneider as “creator” of the corporate.
BehindMLM first got here throughout Schneider in January 2014, as a part of our protection on Med Saver Direct.
As a part of that analysis, which started with Bid For My Meds, a reader tipped us off to Schneider’s securities fraud proceedings in Missouri.
In 2013 the Missouri Securities Division took motion in opposition to Schneider (proper), pertaining to securities fraud associated to MVP and SkyBuddy.
I wasn’t in a position to verify any additional involvement in MLM by Schneider over the previous eight years.
As at all times, if an MLM firm is just not brazenly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
On the spot Recall’s Merchandise
On LinkedIn Paul Schneider cites himself as President of MVP Apps.
Full Stack App Developer of enterprise class cloud primarily based apps in addition to small retail apps.
Specializing in monetization fashions, scalability, monitoring and supply, mapping performance.
Presumably MVP Apps are behind On the spot Recall’s free app.
On the spot Recall as an app is mainly combining a calendar with reminiscence particular options (therefore “recall”).
It ought to be famous that is extremely deceptive and has nothing to do with On the spot Recall as an MLM alternative.
We’ll discover that deeper within the conclusion of the evaluation.
On the spot Recall’s Compensation Plan
On the spot Recall associates pay $3.99 a month. Commissions are paid on recruited associates who do the identical.
On the spot Recall pays commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned instantly below them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
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.
On the spot Recall caps payable unilevel crew ranges at 4.
Recruitment commissions are paid out of subscription charges paid throughout these 4 ranges as follows:
- stage 1 (personally recruited associates) and stage 2 – $1 per recruited affiliate paying month-to-month subscription charges
- ranges 3 and 4 – 50 cents per recruited affiliate paying month-to-month subscription charges
Becoming a member of On the spot Recall
On the spot Recall affiliate membership is $3.99 a month.
On the spot Recall Conclusion
Your first main pink flag is On the spot Recall failing to reveal their MLM alternative anyplace on their web site.
As an alternative you get a misleading advertising and marketing pitch for a recall reminiscence app. To be clear: the app very a lot exists. However it’s a successfully a malicious program for a pyramid scheme.
In On the spot Recall nothing is being marketed and/or bought to retail prospects. You join as an affiliate for $3.99 a month and receives a commission to recruit others who do the identical.
Textbook pyramid scheme.
The ruse behind On the spot Recall’s pyramid scheme is promoting of geolocation knowledge.
On the spot Recall’s associates symbolize, by the app, that Schneider is promoting consumer’s location knowledge. Whether or not he’s or he isn’t, it’s fairly apparent commissions are popping out of affiliate membership charges – or why cost them in any respect?
In an try and legitimize fraud, On the spot Recall donates a share of collected charges to charity – which associates exploit of their advertising and marketing pitches.
Donating to charity doesn’t legalize the working of a pyramid scheme.
Working a pyramid scheme, misleading advertising and marketing, making deceptive revenue claims and failing to make acceptable disclosures to shoppers are all violations of the FTC Act.
As for On the spot Recall the MLM alternative, like several pyramid scheme that’ll collapse when recruitment inevitably dies out.
The mathematics behind MLM pyramid schemes ensures the vast majority of members lose cash.