MLM's nearly always lead to certain loss for new recruits. The founders and a few are at the top of their pyramids of participants are enriched at the expense of a multitude of downline participants, approximately 99% of whom lose money. The sale of products is distributor-driven, not market driven. Most products are sold to new participants to get in on this "ground floor opportunity." Very few products are sold outside the "business". One more reason MLM is a Pyramid Scheme.
MLMs, or product-based pyramid schemes, have been found to be the most harmful and extreme of all the types of pyramid schemes, by any measure - loss rates, aggregate losses, number fo victims, and degree of leverage. MLM loss rates (approximately 99.6%) – are far worse than for no-product schemes, or even than most games of chance in gambling casinos.
The Johnson's (Peter & Erik ) donated over $30,000 to the campaigns of Wisconsin's Temporary Governor Scott Walker - earning Hy Cite a place on the Boycott List. So in addition to everything else you fear about business practices and complaints, be sure to keep them and everyone else on the internet informed about the need to Boycott Hy Cite and let them know Wisconsin is CLOSED for their business.
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MLM's nearly always lead to certain loss for new recruits. The founders and a few are at the top of their pyramids of participants are enriched at the expense of a multitude of downline participants, approximately 99% of whom lose money. The sale of products is distributor-driven, not market driven. Most products are sold to new participants to get in on this "ground floor opportunity." Very few products are sold outside the "business". One more reason MLM is a Pyramid Scheme.
MLMsellsSnakeOil 3 months ago
This has been flagged as spam show
MLMs, or product-based pyramid schemes, have been found to be the most harmful and extreme of all the types of pyramid schemes, by any measure - loss rates, aggregate losses, number fo victims, and degree of leverage. MLM loss rates (approximately 99.6%) – are far worse than for no-product schemes, or even than most games of chance in gambling casinos.
MLMsellsSnakeOil 3 months ago
This is a Pyramid Scheme!
MLMsellsSnakeOil 3 months ago
Yay!! So excited to begin this journey!
TheSdecker2 3 months ago
This has been flagged as spam show
The Johnson's (Peter & Erik ) donated over $30,000 to the campaigns of Wisconsin's Temporary Governor Scott Walker - earning Hy Cite a place on the Boycott List. So in addition to everything else you fear about business practices and complaints, be sure to keep them and everyone else on the internet informed about the need to Boycott Hy Cite and let them know Wisconsin is CLOSED for their business.
TheWallSaysBoycott 9 months ago