Ormeus Global Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Ormeus Global is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Ormeus Global, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Ormeus Global as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Ormeus Global in my Ormeus Global Review – now you can learn all you need to know about it.
Is Ormeus Global really a legit business?
Is Ormeus Global a safe business to join?
Let me show you in my review of Ormeus Global.
Get started by reading my review below.
Exactly What Is Ormeus Global?
Recently, a company by the name of Ormeus Global was announced. Ormeus Global is currently functioning under a prelaunch state, and while there’s no set date as to when the company will exit prelaunch, there’s still enough data and info available to offer my preliminary thoughts on Ormeus Global and everything that it’s bringing to the table.
As such, here’s what you can currently expect from the latest MLM entity.
On the Ormeus Global website, there’s hardly any background information to make note of.
There’s no clear indication in regards to who the owner is, where the company is being run out of, or when it was initially founded. It’s easy to see that the domain name for the site “ormeusglobal.com” was registered on February 24, 2017, but nothing else can be picked up from the registration data.
This domain was registered a bit later on April 10 of this year, and the owner for it is listed to be Joseph Frazier of ApogeeInvent.
From what I can tell, ApogeeInvent is a company focused on offering website design services. ApogeeInvent’s website looks quite nice, and it asks all of its visitors to think of it as, “your fairly priced, well respected, web tailor.”
The Joseph Frazier as mentioned in the domain registration for Ormeus Backoffice also appears to be the CEO for ApogeeInvent, and at the time of writing this review, the Ormeus Backoffice website is being used for nothing other than for affiliates to log into some sort of system for the company.
After diving into the source-code for the Ormeus Backoffice domain, I noticed that the login form only accepts email address that feature the, “ormeus.com” domain name.
That domain was registered on February 24, 2017 (the same day as the domain for Ormeus Global), and it’s owner is named as iAM Marketing.
The email address used for the registration info belongs to Anthony Simmons, and after a bit of looking around, I was able to verify that Simmons is also the “Systems Administrator” for iAM Marketing.
iAM Marketing offers a wide array of different services, and it was founded by John Barksdale who is currently living in Thailand.
John Barksdale and iAM Marketing both have some very evident roots within Ormeus Global, and from what I can tell based off of my findings, it looks like both Barksdale and his company have some rather direct say and involvement with Ormeus Global.
What Is The Ormeus Global Product Line?
The product line is one of the most important factors for any MLM setup, and the one being touted by Ormeus Global is rather confusing.
There are quite a few things being advertised on the Ormeus Global website, and they include an, “accredited cryptocurrency education” course, cryptocurrency trading, and “wellness products” that’s called Ormeus Qi.
Specifics on the products being advertised here are quite thin at the moment, and there’s also no word in regards to how much any of this stuff costs.
What Can You Tell Me About The Compensation Plan For Ormeus Global?
There are two main components for Ormeus Global’s compensation plan, and this includes a passive ROI and binary commissions.
First off, let’s talk about the former of those two things.
The passive ROI that Ormeus Global is offering is supposedly generated through trading activities, and it can be as mochas 160%.
As per Ormeus Global’s website —
“B2x89, our proprietary “bot trader”, employs sophisticated algorithmic trading strategies and offers up to a 160% return in a completely automated, hands off environment. Set it and forget it!
Ormeus Master Trader deposits Bitcoin into a secure account that actually mirrors the trades of a top professional Forex Trader. You are in complete control of your account.
Deposit as much or as little as fits your budget while our professional trader does the rest. Just sit back, watch, and let the pros do it for you.”
Moving over to the binary commissions, positions within the binary system that Ormeus Global is running are filled via indirect and direct recruitment activities alike.
The binary system is used to track investments sent into the company, and Ormeus Global has yet to announce how often commissions are sent out or the rate at which they’re paid out.
What Will It Cost To Join Ormeus Global?
Anyone can join Ormeus Global for free in its current form, but there’s a good chance this could change once the company exits the preliminary prelaunch phase.
Even with no fees required for the affiliate membership for the time being, you’ll still need to invest some amount of money in order to get the 160% ROI that’s being offered via the comp plan.
Is Ormeus Global A Scam?
If you have heard that Ormeus Global is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Ormeus Global 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 Ormeus Global Review
Something that really caught my eye with Ormeus Global is the fact that the company doesn’t offer its products, compensation plan, or anything in the Untied States.
Why is this?
If you’re just looking at the product line for what Ormeus Global is saying it is, there’s no reason none of this stuff can be sold in the US. Cryptocurrency trading, “wellness products”, and classes over cryptocurrency can all be sold without any issues.
In regards to the comp plan, however, that 160% ROI likely requires some sort of investment. Any company that seeks investment needs approval from the SEC, and the SEC has been really cracking down on any schemes or scams in the US that exist in the MLM underbelly.
Even with the existence of that B2x89 bot, my guess is that the majority of investments are going to be made by other human affiliates. This money appears to be used to pay the 160% ROI to other members, and as such, Ormeus Global would be operating as just another Ponzi scheme.
It’s still too early to make a completely final judgement on Ormeus Global seeing as how the company has yet to officially launch, but in regards to what is being offered in Ormeus Global’s current state, I’m not impressed in the slightest.
Is there potential for Ormeus Global to work out its kinks and end up with a perfectly legit opportunity? Sure.
Is it likely that these changes will be made? I’m not so sure.
I definitely hope you have found value in my Review of Ormeus Global.
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 Ormeus Global, make sure you take the time to learn how to market yourself!
My training below can help you with that.