TVI Express – Legitimate $$$ maker or elaborate $$$ game?
Aug 30
Well, after being prospected by several people to go into TVI Express, I had to got off my chest how I feel about it. I’m sure that a lot of people won’t appreciate my opinion, but everybody is entitled to their own opinion. I can’t find a whole lot to say that this is a “sound” program, but please read on in my review:
Again, we’ll use my 12 criteria of evaluation. Here goes nothing:
1. Company track record – Hmm … they’ve been in the UK since January 2009 & since mid July 2009 in the USA. This qualifies for a “too new to pick ‘em” award. They don’t have any track record to mention. The fact that they are managed out of the UK tells me that they do this so certain “regulatory” agencies can’t touch them.
2. Financial strength – To be honest, I can’t see either way on this issue. I’ll give this one a “neutral” vote.
3. Strong management – Here’s where the bells start ringing loud and clear. There’s no mention on the website that I was directed to about the management. That’s “red flag # 1″: When you can’t check on the people running the program, I have to really question the “legitimacy” of the program. It seems to me that they may have something to hide.
4. Unique consumable products – They don’t deal in “consumable” or “physical” products. They pay back to their reps with cash and “eVouchers”. That’s “red flag # 2″: When a company pays back to their customers in “eVoucher”, something just doesn’t sound right here.
5. Competitive pricing – How can their be any competitive pricing on “eVouchers”? It’s a “virtual” product. ‘Nuff said?
6. High re-order rate – There is no re-order rate in this program. How can you produce a long-term residual income with this program? It’s not possible. No autoship = no residual income.
7. Low attrition – There is no attrition in this program. It’s nothing short of a 2×3 matrix program. Bad news for the “Average Joe”. No repeat orders = no residual income. Hmmm … didn’t I just say that in the last paragraph?
8. Low personal production requirement – In a 2×3 matrix, it’s all based on recruitment into the matrix. If you don’t recruit anybody, then you don’t move onto the next “board”. You’re just getting paid based on recruiting somebody into the matrix. IMHO, this is highly illegal.
9. Low entry costs – You are required to put in $250US to get started into the first TVI Express “board”. Once you fill your first 2×3 matrix, you get paid $250 cash, plus a $250 “travel eVoucher”. You move up the “board” vertically until you get to the far end, then you are taken up to the next level … this is done in a 2×3 matrix structure until you get to the top (similar to a “serpentine” structure). Where do they get the $10K (plus $5K in eVouchers) to pay out when people get to the top of the 2nd matrix? It all sounds very “illegitimate” to me, as the numbers just don’t add up to me.
10. Timing vs trends – Nothing to be said here. The whole thing gives me a bad vibe.
11. Legal, fair, balanced compensation – If I haven’t made it clear enough already, I will say that there is nothing “legal” about this program. If it walks & talks like something “shady”, then it must be something “shady”. It doesn’t offer any sort of “legitimate” product for your investment.
12. No risk – There is lots of risk in this program. The biggest risk is to guess how long before it will be shut down by the government. It will … I promise you! It’s only a matter of time before the government swoops down on it. That also brings up another issue that I have an issue with them: Why are payments only accepted through Liberty Reserve (an e-gold payment service), Western Union, or bank wire only? Why do they not accept credit cards directly? This means that there is no consumer protection. There’s “red flag #3″. (Update: A rep for TVI Express recently told me the reason why they don’t accept credit cards is because they recently received lots of credit card “chargebacks” (i.e. invalid credit card transactions) from India when they opened there. Just a “likely” story, methinkst.)
Have I said enough here? If you want to risk being the next occupant in the Leavenworth Penitentiary, then join in TVI Express now. If not, I would be running as far and fast away aw possible from this thing. It’s nothing but an elaborate money game. There are too many red flags that are brought up when analyzing it. Avoid it like the “Swine Flu”!
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Hi great post I agree completely. I would like you to do a breakdown of 2plus7 if possible. I believe this program is quite rightous and the exact opposite of the tvi ponzi scheme
be well
michael
818-917-6915
skype moneytree99
I have to agree that it sounds shady. I wasn’t sure but joined since I figured $250 wasn’t much to lose if I did. Well so far I have not added anyone else into this and I have made $500. So we will see what happens about getting my $10k. So far so good. efusjongt@hotmail.com
Isn’t this a scam? Is hard nowadays to find a good trustable merchant that takes Liberty Reserve Dont you think the same ?
I feel a little apprehensive about companies that use this shady “Liberty Reserve” or gold/sliver exchange for currencies. I think that they are a scam, too.
I have my doubts it will ever pay, but time will tell. I think that it’s “here today, gone tomorrow”. Only time will tell …
Greg