We Obtained Mates fails to offer possession or government info on its web site.
A company tackle in Carson Metropolis, Nevada for We Obtained Mates LLC is supplied.
This tackle belongs to Eazy Bit Begin LLC. Eazy Biz Begin sells LLC formation companies to “defend your self from legal responsibility”.
We Obtained Mates advertising movies are hosted by David Dubbs and Val Smyth. The pair look like operating the corporate.
Smyth first popped up on BehindMLM’s radar in 2015 as co-admin of Whole Takeover.
Whole Takeover was a comparatively short-lived recruitment scheme. A couple of months after launch Whole Takeover collapsed.
Later within the yr Smyth returned with The Elite Networker, one other recruitment-driven alternative.
In 2016 Smyth launched Mentoring Millionaires, a mixture pyramid gifting scheme.
Smyth’s final BehindMLM look was Legends VIP Community in August 2019.
Legends VIP Community was a pyramid scheme constructed round pirated stream content material. From what I’ve been in a position to piece collectively, Legends VIP Community collapsed someday in 2022.
David Dubbs (proper) made a reputation for himself in Bellamora. Bellamora shut down in 2011, prompting Dubbs to proceed on as a marketer targeted on lead era.
This primarily takes place by way of The Conversion Execs, of which Dubbs is the Chief Advertising and marketing Officer.
The Conversion Execs supplied leads for MLM scams, culminating in proprietor Ron Pope being a part of the CashFX Group Ponzi launch workforce in 2019.
Pope’s position inside CashFX Group has by no means been publicly clarified. He’s extensively seen as a co-founder of the corporate, extending so far as a silent proprietor/government.
The Ponzi aspect of CashFX Group collapsed in November 2021. The pyramid aspect of the rip-off continued into early 2022 however by mid yr had additionally collapsed.
Via The Conversion Execs, Dubbs ran advertising coaching for CashFX Group Ponzi recruiters.
I believed this resulted in January 2022. Seems Dubbs was nonetheless teaching CashFX Group Ponzi scammers into mid 2022, the movies have simply been deleted.
Whether or not Dubbs himself participated in CashFX Group as an investor is unclear. Given his shut proximity to Ron Pope, it’s extremely doubtless.
Versus pretending We Obtained Mates is predicated out Nevada, Val Smyth and David Dubbs function from Canada and Nashville, Tennessee respectively.
Learn on for a full evaluation of We Obtained Mates’ MLM alternative.
We Obtained Mates’ Merchandise
We Obtained Mates has no retailable services or products.
Associates are solely in a position to market We Obtained Mates affiliate membership itself.
We Obtained Mates affiliate membership supplies entry to 100 leads a month.
Right here’s Val Smyth’s description of the leads, taken from a February 2023 We Obtained Mates advertising webinar:
Each month you’ve got 100 leads assured. Choose-ins, opt-ins, people who need to make three to seven thousand {dollars} a month in a web based enterprise. Presumably even utilizing their cell telephones.
You’re gonna get all fields of knowledge. Time, date-stamped, first identify, final identify, e-mail tackle, cellphone numbers.
You should utilize the leads for every part and something. It doesn’t must be for right here (We Obtained Mates).
We Obtained Mates associates are additionally supplied entry to a “Digital Hacks Video Coaching Library”, in addition to low cost financial savings apps.
We Obtained Mates associates are in a position to promote results in retail clients, nonetheless this has nothing to do with the MLM alternative.
We Obtained Mates’ Compensation Plan
We Obtained Mates fees associates $20 plus $69.95 a month.
These charges are used to pay recruitment-based commissions and bonuses.
Recruitment Commissions
We Obtained Mates pays recruitment commissions down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – $30
- ranges 2 and three – $5
Residual Commissions
We Obtained Mates pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary workforce, break up into two sides (left and proper):
The primary stage of the binary workforce homes two positions. The second stage of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary workforce are stuffed by way of direct and oblique recruitment of associates. Be aware there isn’t a restrict to how deep a binary workforce can develop.
On the finish of the weekly pay interval, We Obtained Mates associates earn 25% of gross sales quantity generated on their weaker binary workforce aspect.
As soon as paid out on, quantity is matched towards the stronger binary workforce aspect after which flushed.
Any leftover quantity on the stronger binary workforce aspect carries over into the next pay-period.
Matching Bonus
We Obtained Mates pays a Matching Bonus on residual commissions earned by personally recruited associates.
The Matching Bonus proportion will not be disclosed.
International Loyalty Bonus Pool
We Obtained Mates takes an undisclosed proportion of company-wide payment quantity and locations it into the International Loyalty Bonus Pool.
The International Loyalty Bonus Pool is shared between We Obtained Mates’ “high performers”. Presumably this standards is tied to direct and oblique recruitment.
Becoming a member of We Obtained Mates
We Obtained Mates affiliate membership is $20 one-time plus $69.95 a month.
We Obtained Mates Conclusion
Whereas the pirated streaming aspect of Legends VIP Community collapsed final yr, the corporate’s web site remains to be up.
On mentioned web site you’ll discover Legends VIP Community has been repurposed to shill, amongst different issues, “biz opp leads”.
This alteration occurred in late 2022. Studying between the traces; We Obtained Mates is a continuation of this shill, promoting The Conversion Execs leads via We Obtained Mates.
The issue is We Obtained Mates is a $20 after which $69.95 a month pyramid scheme.
Leads can be bought to retail clients however, as famous, this has nothing to do with the MLM alternative.
We Obtained Leads as an MLM alternative might be damaged down as follows:
- pay $20 and $69.95 a month
- recruit others who do the identical
- receives a commission
It is a traditional MLM pyramid scheme, according to each MLM alternative Val Smyth has launched over time. And with the CashFX Group Ponzi collapsing, David Brooks has come alongside for the trip.
You may need come throughout We Obtained Mates being pitched as “We Obtained Mates Nitroline”.
Nitroline refers to an automatic advertising system, doubtless pulled from The Conversion Execs.
As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will recruitment commissions.
Until new victims are discovered, these on the backside of the We Obtained Mates pyramid will ultimately cease paying their $69.95 a month.
This can see these above them cease getting paid, and ultimately additionally cease paying their $69.95 a month.
As soon as sufficient associates cease paying their month-to-month payment as a result of lack of recruitment, We Obtained Mates collapses.
Math ensures the vast majority of members in a pyramid scheme lose cash.