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Is this some type of pyramid scheme?

Discussion in 'Making Money' started by 4thcause, May 18, 2012.

  1. 4thcause

    4thcause Newbie

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    GlobalRevenueShares

    First you buy a share. Then once the admin fee and referral commissions are taken from the share price, the remainder is split
    equally and distributed in fair shares to the next set of members. Depending on what the Admin sets, it could be 20 members, 50 members,
    or even 100 members! But this is the closely guarded secret that makes this program work so well, and generates more and more sales to be shared amongst it members.​


    That from their website. It doesn't seem like a bad idea, but I dont know all of the legal facts to it.
     
    Last edited: May 18, 2012
  2. wakkaoaka_

    wakkaoaka_ Newbie

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    Yes, you would be wasting your time with this.

    Check this taken from the sites FAQ:

    "Q: Is there any risk to lose money?
    A: Absolutely not. As long as our site is making sales (usually 1 share sold per minute) your profits will be grown non-stop. "
     
  3. 4thcause

    4thcause Newbie

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    Actually, the lifetime shares site is back up. It looks identical to this. Im sure it is the same company (obviously)