Recyclix Review – Is This A Good Opportunity Or Big Scam?
Recyclix has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling Recyclix.
I have simply gathered for you all the facts in this Recyclix Review in order for you to make a proper decision about it.
So, is it true? Is Recyclix a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is Recyclix?
The company in question today goes by the name of Recyclix, and according to the company’s official website, there’s no visible information in regards to who owns or runs the company.
This is something that we often see with many multi-level marketing opportunities, but that doesn’t make it any less worrisome.
While it’s important for any sort of company to make this kind of information upfront with their viewers or customers, it’s especially true in the realm of MLM. You see, with any sort of company that’s operating in this field, they’re often going to be asking you for some amount of money as an investment.
That’s perfectly fine, as many legitimate companies in the MLM world need some sort of money from you upfront in order for you to partake in the MLM opportunity that’s attached to it.
However, sending your money away to a new company that you’ve never heard of before, and one that doesn’t have any information about who’s behind it, is never a good idea.
You deserve to know where your money is going once you invest it, so when companies in the MLM world decide to withhold this info, we always tend to get a rather bad feeling in our stomachs.
However, despite this lack of ownership information, we are able to pull some info from the Recyclix website.
One such bit of info comes by means of an accounting firm stationed in the UK. An address is provided for this firm, and Recyclix titles it as their “headquarters billing address.” Because of this, we find it pretty safe to say that Recyclix isn’t physically located in the UK at all, and is rather using it simply for the namesake.
The does provide support and sales contact info, and these are handled out of Poland. Because of this, we could assume that Recyclix is located physically somewhere here.
However, according to reports conducted by Alexa, a whopping 32% of all traffic that the Recyclix website receives comes straight out of Russia – providing another possible place of business for the company.
With this sort of misleading info scattered throughout the site, it’s impossible say exactly where Recyclix is being run out of. And, when we combine that with the fact that we have no idea who’s actually running this whole operation, our initial thoughts of the company aren’t all that positive.
What Are The Products For Recyclix?
In keeping with the less than stellar information coming out of Recyclix, we’re met with even more when we take a look at the company’s lack of a product line.
Product lines allow companies to sell services and products to retail consumers, and create for a steady stream of income for a company.
Recyclix lacks a product line of any kind, and as a result, the company does not have this as a reliable source of income. Instead, the only money being brought into the company comes from investments made by new and existing affiliates.
Whenever something like this occurs, we’re frequently looking at one of two things – a Ponzi or cash gifting scheme.
What Is The Compensation Plan For Recyclix?
If we take a close look at the compensation plan that Recyclix has set in place, we can see that the company is pushing for affiliates to invest in one of the various “plans” that they have to offer.
When an affiliate invests money into these plans, they earn “shares.” These shares each cost a different amount based on which plan an affiliate invests in, and each plan also has a set cap as to how many of these shares an affiliate can invest in.
For example, the starting plan is called the Forklift plan. Here, affiliates can invest in shares that cost 1 EUR each, with affiliates being able to invest in a max amount of 200 of shares at this level.
Recyclix states that shares in revenue begin at 25%, but unfortunately the company doesn’t make it clear at all as to what this 25% denotes.
In regards to ROIs, these are paid out through the use of “cycles.” And, according to the official Recyclix website, these cycle pools range from 222.32 EUR and 1,310,232 EUR.
In addition to these ROIs, affiliates can make even more money through the act of referral commissions. These referral commissions are also paid out through funds of previous investments, and Recyclix pays these out through the first 4 levels of a unilevel system.
What’s Does It Cost To Join Recyclix?
When it comes down to joining Recyclix, the actual membership for the affiliate program is initially free. However, if an affiliate wants to take part in the opportunity to make money within the company, they’ll need to make a minimum investment of at least 1 EUR.
In this particular case, the more money an affiliate invests, the more money they stand to make through promised ROIs.
Is Recyclix A Scam?
Have you heard from a friend that Recyclix is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about Recyclix – is it a scam or legit?
Good news – Recyclix is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
Recyclix Review Conclusion
In its simplest form, Recyclix is an MLM opportunity that is promising affiliates ROIs that are larger than 100%. This sounds like a sweet deal, but as we’ve seen with past MLM companies, ROIs of this size are often too good to be true.
However, we haven’t even gotten to the most peculiar part of Recyclix as a whole.
According to their website, the company claims that they have created some sort of system that allows them to generate a reliable and healthy income through the act of recycling. So, if this were the case, why the heck would they then incorporate an element of MLM into their business?
From what we’ve been able to tell, the actuality of this recycling program is up in the air. While there’s a chance it could be taking place, that chance is rather slim.
When looking more at the MLM side of things, investing larger sums of money equates to a chance to earn a larger amount of income through ROIs. However, investments through credit cards are capped at $250. In order to make investments larger than that, you’ll be required to use bitcoins.
At the end of the day, Recyclix is simply using this recycling front as a ruse to lure people into investment money into the company. Recyclix is nothing more than a cash gifting scheme, and as with all other schemes, the company will cease to exist once investment and affiliate rates start to decline.
And, unfortunately, the majority of people who have money invested into Recyclix will end up losing out.
I sure hope that you have found my Recyclix review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my Recyclix review to have all the information for you.
If you decide to carry forward with Recyclix, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.