My Cycler Review – But I’m Not Promoting It!

My Cycler ReviewHave you been noticing more and more hype for My Cycler lately?

This business is picking up a lot of steam, with people pitching it all over social media.

I want to tell you that I am NOT in any way affiliated with My Cycler.

I want to give you an unbiased opinion on My Cycler – is it a scam?

Is it legit?

Let me give you all the details in my My Cycler Review.

Will My Cycler deliver on all it’s promises?

Find out in my Review of My Cycler.

Let’s get going with the review!

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What Is The My Cycler Opportunity?

Today, I’m going to be taking a close, in-depth look at the MLM opportunity My Cycler!

Right off the bat, I’m not impressed at all with the My Cycler website. This is mostly a result of the company’s failure to provide any sort of background information on their site in regards to who actually owns and operates the whole thing, and it’s something that needs to get resolved soon.

With this notable lack of company info, I’m left looking at that of a faceless company. This is something that I’ve been seeing quite frequently with these new MLM startups, and it never results in anything good at all.

When looking at the domain name registration for the My Cycler website, I was able to see that the registration took place on September 30th of this year (2016). Additionally, the owner is listed to be someone by the name of Emmanouil Sergakis with an address provided for somewhere in Athens, Greece.

If Sergakis’ name sounds at all familiar to you, that’s because he actually made his first appearance in the MLM world earlier this year with One World Ads. One World Ads turned out to be nothing more than a matrix pyramid scheme that saw affiliates invest at $20 a pop.

One World Ads first launched in April, and then when through a relaunch period a few months later in August. While recruitment saw a peak in September, it looks to be on a rather steady decline at this point in time.

Seeing as how One World Ads has inevitably collapsed, it makes sense that Sergakis would be on the hunt to launch another type of scheme to trick even more people out of their money.

That looks to be what’s going on with My Cycler, but in order to find that how for sure, here’s just what the company is bringing to the table.

My Cycler Scam

What Can You Tell Me About The My Cycler Products?

In regards to the product line that the company has set in place, there actually isn’t a whole lot to talk about at all. You see, My Cycler is yet another company that has made the fateful decision to omit the use of any kind of product line from their business model.

Product lines are expensive and difficult to set up, but they exist for a very important reason – they allow for retail sales to take place. Retail sales allow a company to maintain a solid form of legitimate income to keep itself afloat, but without a product line, this income doesn’t come in.

Because there’s no product line here, the only thing that affiliates for My Cycler have to market and sell is the affiliate membership itself. Bundled with every affiliate membership is access to My Cycler’s “videos and E-Books.” These are supposedly “basic tools required to start your own websites, funnel systems, autoresponders (and) seo tools.”

According to the My Cycler website, “the value of these courses is more than $5000 in the market.”

And, in addition to these courses, the company is also bundling advertising credits with every affiliate membership as well. These credits allow affiliates to display their own advertising on the My Cycler website, and this is something that is very frequently found with Ponzi schemes.

What Can You Tell Me About The Compensation Plan?

Looking at the compensation plan that My Cycler has set in place, affiliates set out to purchase positions in the company’s 3 x 1 matrix system for $2 each. Buying positions for the matrix system is done by signing up for a monthly subscription fee of $10/month, as this then allows an affiliate to get a new $2 position in the matrix every 5 days.

The matrix here is quite small, as a new cycle is enacted when just 3 positions have been filled up.

With that being said, the amount of money that an affiliate is able to earn when a cycle takes place is entirely dependent on which level of investment their involved with.

My Cycler has 5 different levels available, with each one offering a higher and higher commission.

What Will It Cost To Join My Cycler

If you’d like to become an affiliate for My Cycler, you’ll be required to pay a membership fee that costs $10/month.

Is My Cycler A Scam?

So, like with all business opportunities, you will hear things around the internet about there being a My Cycler scam or something like that.

And from what you have read, you may also wonder if this is legit or a complete scam.

So, what’s the truth?
Is there a My Cycler scam going on or is this legit?

Well, to be honest, My Cycler is not really a proper scam or anything like that.

But there are some things to be aware of (see conclusion section).

That is how you will be successful.

See below for help with making money.

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My My Cycler Review Conclusion

Overall, what kind of situation are we looking at with My Cycler?

According to the company’s official website, “We are not an investment company, HYIP, or Ponzi scheme. Upon joining, you will be purchasing advertising packages that will enable you to promote your business opportunities to our targeted visitors on our website.”

Despite My Cycler trying to claim that they aren’t a Ponzi scheme, it doesn’t take a lot to realize that the company is actually operating as a $10/month Ponzi scheme.

The company doesn’t have any sort of product line in place at all, meaning that they are using the money paid by new affiliates to cover the dues that they owe to existing affiliates within the company.

That right there turns My Cycler into a Ponzi scheme, and as with all other schemes of this nature, the company’s going to run into some pretty major trouble once recruitment and investment levels die down.

At that point in time, My Cycler will be unable to pay off the affiliates that they owe and they’ll be forced to collapse.

Sergakis will then more than likely either reboot the company or go off to launch yet another scheme by a different name to solicit even more cash.

Hopefully, you have found my My Cycler Review useful.

I wanted to give a lot of details because there have been other review of My Cycler which were a bit thin on the detail side.

No matter what happens, if you really want to succeed with any business, you have to learn how to market properly.

And, my training below will help you do that and make money!

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