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Monday 17 September 2012

Millionaire Global Incorporated : Company Analysis



Company Name:   Millionaire Global Incorporated

Company website:          http://www.mxfastmoney.com




The respective MLM Company is registered at British Virgin Islands (United Kingdom), a small island located in the Caribbean’s. Some of the details available on the site are as given:-



Regarding Plan & Company Formation      

The whole system took some time to implement “initial inception in June 2009” and about its progress “since April 2010”.

“Today and every day for all our online businesses --- MX Fast Money and MillionaireX1 and MillionaireX3 and MillionaireX7 --- our operating systems operate flawlessly, with automated payments systems, correct placement of new members, instantaneous commission allocation in the back offices, instant commission withdrawal by the members, automatic and instant online delivery of the products on time every time, and all facets of the programs have been proven to work as intended.”

“THESE ARE OUR FINAL VERSIONS OF MX1 and MX3 and MX7 WITH THE "700% PAY PLAN" AND WE WILL NOT CHANGE THEM AGAIN. NEITHER WILL WE CHANGE THE 2X2 MATRIX "250% PAY PLAN" SYSTEM OF MX FAST MONEY (MXF).”


Regarding Vision of the Company                                                                       

“More than just the money though, real individual freedom is all about having the physical wellbeing, the emotional fortitude, the spiritual foundation and the time freedom with which to create the lifestyle of your dreams. We aim to help you build yourself into the person you desire yourself to be in order for you to reach your peak capacity in all areas of your life, such as:

Optimum health
Superior social life
Increased earnings
Empowered mindset
Career advancement
Attainable weight loss
More physical energy
Harmonious relationships
Enhanced communication skills
Mental and physical and spiritual balance

And so much extra... including far more fun in your life!”
                                                         

Regarding “PRODUCT”

“PURE POWER” videos series

“Personal success resource program for self-improvement”

“The 38 inspirational PURE POWER videos were authored and developed by James Lee Valentine and a team of creative digital engineers. This video series is available exclusive for MXF and MX1 members only.”

“all of the web pages of MXF, including this Questions webpage, are now available --- AT THE CLICK OF A BUTTON --- in 53 different languages.”


About Product Developer
         
          James Lee Valentine

“James Lee Valentine --- click for more details --- is promoted as an Empowering Author Extraordinaire. Originally from England, but now based full-time in South East Asia, he is also a dynamic and exciting seminar speaker, and creator of the MillionaireX family of financial mastery and personal empowerment home businesses.”

“His series of books have so far been published in fourteen countries worldwide --- Brazil, India, Saudi Arabia, Belarus, Malaysia, Ukraine, Indonesia, Philippines, Nigeria, Vietnam, Israel, Russia, Czech Republic, United Kingdom”

   James Lee Valentine
Founder of the MillionaireX programs
         
Personal email of James Lee Valentine: jlv@millionairex7.com


Regarding Partners of the Company

“PAYZA SUPPORTS ONLINE NETWORK MARKETING COMPANIES.
Payza, with offices in Montreal, Canada, is proud to have a multi-lingual, inter-disciplinary staff with enough passion and talent to sustain the company for years to come. Payza has members in 200+ countries, supports 20+ currencies and offers localized banking in 50+ countries.”

“uses HostGator --- www.hostgator.com --- for its dedicated server systems.
The company, with over 500 employees, provides hosting for more than 5 million websites on over 10,000 servers.”

“GetResponse --- www.getresponse.com --- is a complete email marketing solution.
GetResponse delivers over 5 billion messages each year from around 200 countries. GetResponse is fully scalable and capable of handling both small and very large lists alike up to 1+ million subscribers, which is perfect for MX Fast Money as our membership grows worldwide during the years ahead.


Genisoftech Technologies is a software company that is situated in South India and has been in existence since the year 2001. They provide customized web and software development along with data processing solutions to businesses both in India and overseas.”

“GoToWebinar --- www.gotowebinar.com --- is a state-of-the-art online event system. Specifically designed for do-it-yourself webinars, webcasts and other large internet events, GoToWebinar empowers users to easily qualify a targeted audience, lower lead-generation costs and reduce overall presentation expenses. GoToWebinar and GoToMeeting systems, MX Fast Money hosts its multiple webinars, online seminars and web-based events.”


Regarding Business Plan of the Company  

“Features of the "2x2 Matrix Pay Plan" Of MXF

Ø   One-time joining fee of $40
Ø   Upon joining you receive your own 2X2 forced matrix.
Ø   You can receive SPILLOVER members from above.
Ø   You can receive SPILLUNDER members from below.
Ø   People you personally sponsor are ALWAYS in your network.
Ø   Just 6 members needed for completed cycle.
Ø   Commission of $100 for each cycle.
Ø   New FREE matrix in MXF each time you cycle.
Ø   Unlimited number of cycles possible.
Ø   Earn $100 again and again and again with MXF at zero extra cost.
Ø   Fully automated payment systems.
Ø   Instant commission payouts.
Ø   Powerful, yet simple pay plan.
Ø   Easy to understand and explain.
Ø   Optional entry to more lucrative MX1 with any cycle at MXF.
Ø   Commission of $700 for each cycle with MX1.
Ø   Earn $700 again and again and again with MX1 at zero extra cost.
Ø   MXF and MX1 are LIFETIME memberships with no extra fees to pay ever.”


ZERO REFUNDS POLICY to all members

“All commissions are paid out within 24 hours of the request. The operating systems of MXF allocate commissions to a members back office on an instant basis.”

“upgrades to the more lucrative MX1 and MX3 and MX7 programs”


Company Address:

“MillionaireX7 Global Incorporated
Mill Mall Tower, 2nd Floor
Wickhams Cay 1
Road Town
Tortola
British Virgin Islands 1110
Telephone: +63-939-253-3333”
Email: admin@mxfastmoney.com





My Opinion

All the above matter is directly taken from the company website. Now let us see what it means. Following views have emerged from the above mentioned facts:-

The Management of the company has explained Why and under What circumstance this Business Plan has been developed?

The website has rich content and has tried to explain everything in detail. The domain was created on 26th of October, 2011 and the site was uploaded on 2nd of December, 2011.

The Management of the company is well prepared, has enough confidence in its domain as well as is Fearless regarding copying of the concept and of competition. This shows their strength, preparedness and mental thinking.

The Management of the company has faith in their Business Plan, Product, Management Skill and Quality of Software.

The Management of the company knows that the Business Plan would have hypothetical growth and may explode in future, so have selected the best strategic partners, also have categorically stated the reason.

At present as per the data gathered from the internet, the Business Plan is propagating in six countries Italy (21.8%), Russia (16.7%), India (10.4%), Pakistan (5.5%), United States (5.0%), Poland (4.6%), and Ukraine (2.2%).

The Business Plan accommodates the team behavior, easy to understand and explain and Payout allocation is done within 24 hours.


My Conclusion

Most of the fast come easy go companies come from poor administrative regions which are also known as Tax Heaven. The RISK of $40 is acceptable risk. So far, the Business is good, those who are prepared to take the above risk, should immediately start. I have not joined the system but may proceed in future if my team gives me go ahead and full support.




NOTE: This opinion is very personal in thought, it should not be quoted, propagated, understood or misunderstood as an ultimate doctrine regarding the above mentioned company.


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