LikesXL Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that LikesXL is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about LikesXL, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting LikesXL as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about LikesXL in my LikesXL Review – now you can learn all you need to know about it.
Is LikesXL really a legit business?
Is LikesXL a safe business to join?
Let me show you in my review of LikesXL.
Exactly What Is LikesXL?
When taking a gander through the official website for LikesXL, we were unable to locate any exact information that told us who runs or owns the company. As a general rule of thumb in the business world, this is the sort of information that should always be made readily available for folks who are interested in it.
This is especially true when dealing with companies that are involved in the MLM realm. With any MLM opportunity, you’re more than likely going to have to invest some amount of cash in order to make an active member. You have the right to know where your money is going, so when a company isn’t upfront about who’s in charge, we tend to become a bit hesitant about the whole operation as a whole.
In regards to the actual domain name for LikesXL, we can see that it was first registered just a little over a year ago on August 25th of 2015. The domain name is not set to a private state, so we can see that someone by the name of “Kolar Peter” is the owner. However, we’re going to assume that the actual name for this person is Peter Kolar.
On top of this, we can also see that the domain name was registered somewhere in Mauren, Liechtenstein.
However, in regards to where LikesXL is actually being run out of, we find it pretty safe to assume that it is based somewhere in Austria. What’s our reasoning for this though?
First off, the default language for the LikesXL website is set to German. On top of this, not only is the LikesXL website being hosted by another Austrian company, but Austria is also featured in some marketing material of LikesXL that we were able to find.
Unfortunately, likely due to the language barriers that are present, we were not able to find any concrete information on Peter Kolar himself.
Something else worth noting is that LikesXL ties themselves to a “well-known credit card company” in various marketing materials of theirs.
One of the companies mentioned in these materials is MyAdvertisingPays – a Ponzi scheme that launched sometime in the latter half of 2013.
We find it extremely unlikely that any major credit card company would be involved with a Ponzi scheme of any sort, so these claims that LikesXL is making are more than likely nothing but a heap of lies.
And, with that out on the table, let’s take a look at just what LikesXL has to offer.
What Is The LikesXL Product Line?
In keeping with the less than stellar info, LikesXL lacks any sort of product line. As a result of this, there’s no opportunity at all for retail sales on any kind to take place within the company.
And, with no retail sales opportunities, the only source of income that LikesXL is getting is coming directly from investments of existing and new affiliates.
Whenever a company has a situation like this going on, we’re often looking at a scheme of some sort. No reputable company can legitimately survive off of just investments from their affiliates, and with LikesXL running like this, it’s likely that the company will run into problems in the near future as a result.
What Can You Tell Me About The Compensation Plan For LikesXL?
As for the compensation plan that LikesXL is using, the company pushes affiliates to invest into “PR packs.” These packs cost 50 EUR each, and affiliates are able to earn a commission when they set out to enlist other individuals to do the same thing.
LikesXL also offers ROIs to their affiliates, and these ROIs are also tied to the purchase of one of the company’s PR packs. More specifically, LikesXL promises affiliates than they can earn between 0.35 EUR and 1.20 EUR on a daily basis.
For the time being, LikesXL currently doesn’t have any sort of cap on the size of returns on investment that is being offered with each of their PR packs. However, it is worth mentioning that the company does place a cap on how many PR packs that an affiliate has the ability to invest in.
This cap is directly tied to how much an affiliate pays for their membership dues, so paying more for your membership will allow you to invest in more of the PR packs.
Essentially, we’re looking at an all-too-common “pay to play” system going on here.
Along with the passive ROIs, affiliates can also make cash through the residual commissions that LikesXL has to offer. These commissions are organized with a unilevel payment system, and just like we saw above, the amount of money that an affiliate can earn is entirely dependent on how much money they spend on their membership fees.
What Will It Cost To Join LikesXL?
In regards to joining LikesXL, the company offers 4 different levels of membership. Those levels work out as follows –
- The initial level is that of the Green level, and it costs affiliates 29.90 EUR each year.
- Moving up from Green is the Silver level, with this costing an affiliate 29 EUR each month.
- Gold is the next level, and it will set you back 39 EUR per month.
- Diamond is the highest membership level available, and it costs 55 EUR each month.
With these membership levels, opting to pay for a higher one results in more opportunities to each more money through the compensation plan that LikesXL is using.
In addition to the membership fees, affiliates must also make additional payments if they want to take part in the residual commissions that are being offered. These extra payments range from 60 EUR to 180 EUR, and there’s also yet another cost of the PR packs that go for 50 EUR a pop.
Is LikesXL A Scam?
If you have heard that LikesXL is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is LikesXL a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My LikesXL Review
In the case of LikesXL, we’re looking at yet another Ponzi scheme. In this particular case, the company is offering affiliates an unlimited return on investment with investments at 50 EUR for PR packs.
As with all other schemes that offer unlimited ROIs, only the earliest investors stand to make any real money with LikesXL. Once these initial investors go to withdraw their cash, LikesXL will be left with a very small amount of funds to run off of, and once this takes place, the majority of people involved will end up losing out.
Along with the Ponzi scheme, there’s a very strong theme of affiliates having to pay greater amounts in order to have any real potential to earn solid cash with this opportunity. Your potential to earn money in a company should never be based off of how much money you invest, so when something like this takes place, it always spells for more trouble.
And, to make matters even worse for themselves, LikesXL tries to make claims that they have direct ties and support from the folks over at MasterCard. These claims are nothing more than bologna, and it could cause LikesXL to get shut down by MasterCard before they run out of cash.
Either way, there’s no bright future ahead for this company at all. Our advice? Steer clear at all costs.
I definitely hope you have found value in my Review of LikesXL.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with LikesXL, make sure you take the time to learn how to market yourself!
My training below can help you with that.