There is little difference between the original Ponzi Scheme and today's MLM scams like biopro.<- Click on the image and visit Wikipedia to read about the original Ponzi and his scam.
What should stand out to you is the very 1st sentence:
"A Ponzi scheme is a fraudulent investment operation that involves paying abnormally high returns to investors out of the money paid in by subsequent investors, rather than from the profit from any real business."
The abnormally high cost to get involved in an MLM like biopro as a distributor goes right to the top of the company. This also includes those investments by former top distributors of MLM's whom have created enough wealth to open a satellite office for biopro - paying abnormally high returns to investors out of the money paid in by subsequent investors.
There is very little employment and structural overhead to maximize their profit margin. Most scam MLM's are heavy executive and light customer support; it doesn't take much to push inexpensive products at an extremely marked up price - returns to investors out of the money paid in by subsequent investors, rather than from the profit from any real business.
Structurally, MLM's like biopro is in the range of 90+ percent of all profit stays at executive levels internally and distributorship's and a small percentage is divided up to low skilled low paid customer support of which is "always short staffed". Then they create what we like to call "new math" and this is how they convince you the company is making nothing off the products and new sign-ups when in fact it is still in the 90+ percent range. Once the company starts to or becomes successful it will continue to keep its average between execs, distributors and staff and once the scam reaches a level to pay themselves out they do.
Bottom line here is that biopro is in this FOR THE MONEY; not to save us all from EMF and EMR. That is just their snake oil in the sale of a gift package that only they will unwrap at Christmas.
a couple years ago my wife was interested in joining the biopro machine and I checked into it. The so-called research includes no randomized double-blind trials (the standard for rigorous scientific testing), nor actually any double-blind trials at all. Some of the trials were not even blind trials. In other words, the experimenter stuck the chip on people's phones and said, in effect "This will block radiation. Do you feel any difference?" Is that like leading the witness or something? If I stuck my finger on the back of people's heads and said "I am shooting spiral vortex rays through your brain. Do you feel anything?" there will be several people who answer yes.
ReplyDeleteAnyway, the point is, the biopro trials are only "science" in the sense that a ouija board is science. I understand they are looking for a "scientist" who will perform a random double-blind and get the results they want. What with the economy as it is, there ought to be someone willing to compromise their integrity if biopro pays enough.