Get My Ads Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, GetMyAds has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell GetMyAds in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for GetMyAds.
I wanted to gather all the information about GetMyAds in my GetMyAds Review in order for you to make a decision about joining GetMyAds.
Is GetMyAds legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of GetMyAds.
Read on to find out what you need to know.
What The Heck Is GetMyAds?
The latest MLM opportunity up for my full review goes by the name of GetMyAds.
GetMyAds does offer some background information about itself, and as nice of a thing as this is to see, there’s a bit of conflicting information going around here that creates for some rather suspicious feelings about the company.
First off, the domain name registration for the GetMyAds website took place back on December 4th, 2015. However, the opportunity didn’t actually launch until earlier this year (around January and February).
As per the GetMyAds website, someone by the name of Frank Hanson is listed to be both the Founder and CEO of the company, and his Facebook profile lists him as residing in the US Virgin Islands. Consequently, this is more than likely where GetMyAds is being run out of.
Hanson does have a corporate bio listed on the GetMyAds website, but after reading through it, it turned out to be nothing more than marketing for the company itself.
Thankfully, Hanson’s Facebook profile provides more background info about himself.
“Frank Hanson is the CEO and founder of ‘GetMyAds’ Online Business, a multi-million business enterprise who was crafted from scratch by this very young visionary-entrepreneur.”
Later on in his bio, it is said that “Their exhibit caught the eye of a visionary billionaire who soon funded their proposed enterprise with just a meager capital to jump-start their fledging business and transformed it into what it is today, one of the giants in the highly-competitive online ads industry.”
And that right there is where things start to get fishy.
According to this bio, we’re expected to believe that GetMyAds, a company that was registered back in December of last year, is already a “giant” in the world of online advertising.
Also, as per the GetMyAds website, the company has already paid out more than $14 million in commissions.
That’s yet another staggering fact that the company is trying to sell, and in all honesty, I’m having a hard time buying it.
Oh, and to make things even more confusing, Hanson’s Facebook bio is incredibly similar to one belongs to someone named Morgan Lewis.
Back on January 16th of this year, Morgan Lewis had the exact same bio on his Facebook page, but with his name being present instead of Hanson’s.
To go along with all of this, the legitimacy behind Hanson’s Facebook page is questionable at best. The account was added just earlier this year, meaning that he gathered 2,269 friends in just around 60 days. Considering the fact that Hanson’s account was completely dead up until this year, that’s incredibly suspicious.
Oh, and did I mention yet that 42% of all the traffic that the GetMyAds website receives comes directly out of Germany?
This suggests that GetMyAds is a cover-up for a European scam, and that’s even more evident with the stock photo models on the GetMyAds website that look very European as well.
Plus, to make things even more convoluted, GetMyAds supposedly belongs to something called “Linaro Holdings Limited” that’s based out of none-other than Seychelles.
Also, the Terms and Conditions for the company’s website is constituted under Philippine law.
If you’re confused, don’t worry. I am as well, as there’s nothing here at all that makes any form of good sense.
What Are The GetMyAds Products?
In regards to the product line being offered by GetMyAds, there’s not much to talk about at all.
Not having a product line within your MLM opportunity is something that I’ve been noticing much more often with these new opportunities that hit the scene, but this does nothing but create for problems later on down the road.
No product line means no retail sales, and as we all know, retail sales are often the main source of income for legit MLM companies.
Without a product line, GetMyAds is likely relying on investments from their affiliates to stay afloat. This is a trend that’s most commonly seen with schemes of some sort, and judging by the mess of background information we just went over, it wouldn’t be all that surprising if that turned out to be the case for this opportunity.
What About The Compensation Plan For GetMyAds?
Looking at the compensation plan for GetMyAds, we’re dealing with a system in which affiliates invest $50 into things called “tokens.” These tokens are essentially investments being made with the promise that affiliates will be able to get an ROI of more than 100% at some point in the future.
GetMyAds doesn’t actually mention the exact value of the ROI that exists for each $50 investment on their tokens, with the company simply saying that “it has always been approximately 1% or more per day.”
There’s also a $6 referral commission that’s offered when an affiliate gets their new recruit to invest $50 into the tokens as well.
Along with all of this, the GetMyAds website makes mention of something called the “Mentor Bonus.” This seems to be some sort of cash bonus based upon how much money an affiliate and their downline invest into the company, but there’s no word as to how much this bonus actually pays out.
What’s The Cost Of Joining GetMyAds?
If you’d like to become an affiliate for GetMyAds, there’s actually no affiliate fee to speak of.
However, in order to participate in the MLM opportunity being offered, you will need to invest at least $50.
So, Is There A GetMyAds Scam Going On?
Have you been hearing rumours that GetMyAds is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a GetMyAds scam going on?
If I am being perfectly honest, GetMyAds isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My GetMyAds Review And Conclusion!
The case with GetMyAds is incredibly confusing as evident by the beginning of this review.
When looking through the compensation plan and everything that the company offers, it doesn’t take long to realize that GetMyAds is operating as sort of Ponzi scheme.
And, better yet, the company doesn’t do a whole lot to hide this fact from their own site –
“40% of the value of a token goes into out PayBack pool where every customer will benefit from. The PayBack Pool is dynamic but since we’ve founded GetMyAds it has always been approximately 1% or more per day that we have paid for every Token. The size of the Pool depends on the amount of Tokens we’ve sold recently.”
All-in-all, this mumbo jumbo of information results in GetMyAds being just another Ponzi scheme – and a confusing one at that.
As with all other Ponzi schemes that have come before it, GetMyAds will cease to exist once levels of recruitment and investment die down. The majority of people who get wrapped up in this mess will end up losing out, and whoever the heck is behind it will run off with the vast majority of the cash.
I really hope you have gained value from my GetMyAds Review.
I wanted to make sure you had all the information you needed, because most other GetMyAds reviews are just trying to sell you something.
If you really do decide to join GetMyAds, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!