|organo gold scam|
Organo gold is an MLM company started by Bernardo Chua. Although this company is based the U.S.A. the founder is not new to the Philippines.
Bernardo Chua teamed up with Shane Morand his co-founder and Holton Buggs their vice president, a veteran MLM executive and a black American. Possibly the reason why Organo Gold is popular mainly with the American Blacks. Another name worth mentioning is Josephine Roxas, the Philippines's Country manager of Oregano Gold.
The company exploits one of the worlds most consumed beverages and traded commodity which is coffee. They claim to make coffee healthy by adding Ganoderma (reishi mushroom) into the coffee mix. An ingredient that have been used for over a thousand years in traditional Chinese medicine.
Summarizing the compensation plan there are 7 ways to earn:
1. selling organo gold products to retail costumers and earn profits of up to 100%. Paid daily and/or weekly.
2. sell OG promotional product and earn immediately from $20-$150
3. build your downline one on the left and one on the right. potential earnings for you is $50,000. Paid weekly
4. Bonus from products ordered and re orders of your downlines 9 levels deep. Paid monthy
5. earn a percentage of the Unilevel Bonus earned by your Personally Sponsored Distributors, up to 4 levels deep.
6. Become an OG Leader. You can earn additional bonuses as deep as four generations of qualified sapphire distributors and above.
7.The ultimate reward. qualify in sharing 3% of Total Worldwide Unilevel commissionable volume
As you can see from the summary, the compensation plan is very lucrative. And personally for me I would raise a red flag half way just because of that.
But what really makes me give it a one full red flag are the numbers 3 to 7 in the compensation plan. Where would they get the money to generously compensate all those useless layers 4 to 9 levels deep? There is no other source I see, it would either be the costly fee paid to join or an overpriced product, and possibly both. Another thing that would make me think the products would be priced ridiculously high is the packaging they use.
Although I am not really sure of this, I posted a picture below and its for you to decide if a substantial portion of the product price is paid for the package it comes with.
To me it looks like it is a carton of an expensive bottle of wine.
For a more detailed compensation plan
If you did visit the detailed compensation plan in pdf file format, I don't want you to miss the Income disclosure written in a faded ink at the foot of pages 5 onwards. I do not know why this is written in a way that it could be ignored when it is one of the most important detail for people to consider when making a decision. But just in case you did miss that, here it is below, bold and clear
Income Disclosure: We estimate that, in Canada, the average plan participant
will earn between $200.00 and $300.00 per year.
Does $200 -$300 per year income still looks attractive to you? Well, this is the reality! The chances of you being successful and earn tens of thousands of dollars is only 2%, about 1 in every 48 people. This is worst than betting all you got on one of 38 numbers in an American Roulette casino game.
Company IssuesFor a good background check of a company one must know all issues the company is facing. One of well known issues involving Organo Gold is the accusations of Jay Noland, a co-founder of Oregano Gold who got terminated from the company. Here is a list of his accusations:
1) The Lawsuit
2) Breach of Integrity
3) Deceptive Trade Practices
4) Lies and Back-Stabbing
5) Multiple Business Centers owned by the People at the TOP
6) How the company was put together7) How some people are not getting their checks and/or products on time
Interestingly alarming audio calls made by Jay Noland about these allegations are available for everyone to hear. Visit:(http://www.organogoldscam.org/). Also, a Class Action Lawsuit is planned to be launched by a group of cheated distributors against Organo Gold. If you are one of those victims you can contact the group in this email ogScam@yahoo.com.
Be it clear that these allegations are not yet proven so it will not be a basis of judgement against Organo Gold. However, I feel that the public has the right to know and that this will be an essential consideration for their decision if this company is right for them.
Why I think Organo Gold will fail in the PhilippinesFilipinos love coffee like Americans do and it has been around in the Philippines for a long time. Saying that, there is a huge demand for coffee here, but so is the fierce competition.
Will Organo Gold stand out from the competition? Is ganoderma coffee mix unique to Organo Gold? My answer is a big NO, there is nothing unique to Organo coffee that other competitors do not have. I am proud to say my coffee brand is a lot better than organo gold.
|Jimm's coffee better than organo gold|
This coffee brand is available in retail outlets and not involved in a MLM scheme. I would predict Organo gold products will be no match in terms of competitive price against Jimm's coffee.
|Jimms coffee have more healthy herbs than organo gold|
If Organo gold is advertising their coffee as healthy just because of Ganoderma addition, take a look at this picture on the right. See how many more herbs aside from Ganoderma are in Jimms coffee.
I hope I have shown you enough and hopefully it is clear to you why I believe organo gold products will not likely prosper here in the Philippines. If they argue that you are paying a huge extra just because of the business opportunity that comes with Organo gold then that could be another red flag and is a ground for considering Organo gold as a "product based pyramid scheme". A rule states that for a MLM company to legitimate the product must have a "fair market value".
DisclaimerThe article above are my personal views and is the product of my own research, critical thinking and common sense. I am also no expert in journalism or in any field. I am just an ordinary bloke expressing my own thoughts and opinions. Therefore this can not be used as a professional reference.
If you wish to add points, suggestions, agree or disagree with me your valuable comments below are very welcomed
Is Organo Gold Coffee Scam or not?