It’s Christmas Day, and I saw the oddest email sitting in the inbox. Coming from some company called MyMoneyFish, the note invited me to invest in a business that costs $9.95 in exchange for $2000 minimum a  month.

Okay. That smelt hokey already. Like what they say, if it’s too good to be true, then it most likely is. Ah… the aroma of scam on the birth of Christ!

I visited the site anyway, not to join, but to gather arsenal to write a withering review.

The front page sure looked enticing:

If they sold drugs, that income would be viable. Otherwise, the only other alternative was pyramiding. Guess what I discovered?MyMoneyFish is a networking company. But one with a twist. Endorsed by legendary internet marketer Joe Vitale, this system entices people to sign up by paying $9.95. Thereafter, these signups are required to refer 10 other people in order to earn. Sounds familiar? It’s the basics of MLM and network marketing.

What I found to set it apart, is that unlike in  conventional systems, MyMoneyFish does not victimize the last to join. As you may be aware,regular pyramiding schemes leave late comers holding the bag. It’s those who join after the first wave who sustain the earnings of the initiators. MyMoneyFish is different. In this system, the creators implemented something called a forced matrix such that anyone beyond ten persons recruited by any given person is added to other fellows down the line who are inactive or have failed to actually recruit. Bottomline: even lazy gumps can earn and earn quite big without actual recruitment. So how does the company hope to maintain stability? Easy. Once the firm starts paying out big checks to its members, the members will then have to ‘maintain membership’ with monthly dues of $9.95. Fork over $9.95 to receive your commission check of $2000. Sounds good?  That’s MoneyFish’s means of sustainability.

I did the math and ran some numbers- figuring that should big earners stay on AND pay the monthly membership, the company may actually maintain ongoing operations. It can survive. Strange revenue  model indeed…. that I actually signed up to see how far I can go with this!!

$9.95 is chump change after all, and they have a money back guarantee. So I don’t feel much chance of losing.  If I do lose later on, I’ll just write a bad review.

More on the MyMoneyFish system- after I make my first $2000.

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