Intense Live Review
Welcome to my Intense Live review!
This MLM company doesn't really hide what it is actually: a Ponzi scheme. And most of the red flags can there be too. It's no surprise that it was recently raided by the government agencies where they're currently situated.
This really is Intense Live.
To start with, I must Congratulate one to take your own personal time to accomplish your personal research before buying into any "seemingly good" product.
That's the best way to avoid scams and find the legitimate solution to generate income online!
I'd like to be completely transparent with you, I'm not linked to Intense Live in just about any form.
So, be confident that I'm not here to pitch or sell anything to you.
Instead, I'm here to reveal what this ridesharing scheme is about...
What is Intense Live?
Intense Live is often a MLM or multi-level marketing company that claims to become a ride-sharing income opportunity. This method has you buying their rent-a-car or rideshare program (like Grab or Uber) and you take a slice of the profits.
The master is Max Bispo with a corporate address in Sao Paulo, Brazil. But their marketing material lists an administrative HQ in Orlando, Florida. If you appear up the Florida address, it'll return an electronic office address that belongs to Regus, an organization that gives virtual offices.
Max Bispo doesn't have any MLM experience beyond Intense Live. We genuinely feel that this could be as a result of translation issues, or he just came out from the blue to determine this company.
Intense Live's Facebook lists Bispo since the founder and their YouTube videos list him since the CEO. We don't know why he's not listed anywhere on the state website.
As a broad rule of thumb, we are highly suspect about companies requesting upfront cash without knowing who the master is.
Intense Live's Products
Intense Live doesn't have retailable products or services, with affiliates only able to promote Intense Live affiliate membership itself.
Intense Live affiliate membership supposedly provides usage of a “rent a car” program.
On its website, Intense Live claims to possess its “own fleet” of “new models … for rental&rdquo ;.
Intense Live Product Line
Intense Live offers no retail products or services. They've an income opportunity that involves you buying their ride-sharing or rent-a-car program. They say they've their very own fleet of cars to create this possible.
Does The Product Work?
Intense Live claims which they generate ROI due to their members via ridesharing. This doesn't sound right for only two reasons.
First, if Intense Live already had a fleet of cars which allows them to generate 300% annual ROI for the company, why do they need your cash?
Second, we're still in the middle of the pandemic. You believe people are very likely to be ecstatic booking ride-sharing sessions with strangers?
Granted, the company launched in front of the lockdowns, and we all understand that Brazil is decimated by the virus. Last April, Brazil reopened the united states prematurely. The usa maintains among the best death rates in the world.
Technically speaking once they really did require people to buy this program, they'd have to be registered with the CMV (Brazil SEC) to transport out financial transactions due to their clients. There's no proof anywhere that they're registered with the CMV or any regulatory agency anywhere in the world.
Since it stands, the sole source of income comes from new member investments. This really is carried out through recruitment.
Conclusion
Intense Live represents it generates external revenue via ridesharing.
This makes no sense with respect to monthly returns for only two reasons.
Firstly, if Intense Live already features a fleet of cars operational and capable of generating annual returns of over 300%, what do they need your cash for?
Secondly it's fun to pretend ridesharing is often a thing amidst the COVID-19 pandemic.
Granted Intense Live was launched before when lockdowns, it's no secret that Brazil will be absolutely decimated by COVID-19.
The usa prematurely reopened last month and maintains one the world's highest death rates.
Apparently none with this affected Intense Live though, who continue to promote monthly returns business as usual.
That'd certainly be odd if the company was in fact paying returns solely with external revenue. But I do believe you realize where I'm choosing this…
If Intense Live was to make use of legally they'd have to produce investors and the Brazilian SEC (CMV) with periodic financial reports.
These reports will soon be audited by way of a third-party and prove Intense Live was in fact paying returns with ridesharing revenue.
There's no indication on Intense Live's website that it has registered with the CMV.
What this means is that at the very least, Intense Live is committing securities fraud.
Since it stands the sole verifiable source of revenue entering Intense Live is new investment.
Using new investment to pay for existing affiliates a monthly return makes Intense Live a Ponzi scheme.
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