MLM Company Review: Is TVI Express aka Travel Ventures International an MLM scam or legit MLM Opportunity?
Well, dozens of top MLM leaders have contacted me over the last week asking for us to do a review on Travel Ventures International, because so many folks are jumping into what looks like the next hot MLM opportunity.
TVI Express does have a legitimate travel service. However, due to the fact Travel Ventures Express, failed several benchmarks we use to determine if a company is offering a viable MLM opportunity, we have placed Travel Ventures International on our list of MLM Scam companies.
ATTENTION: Just because we list a company as an MLM Scam, doesn’t mean distributor’s will not earn short term income, or that several millionaires will not be created from the company. It just means we do not believe the company offers a Viable long term MLM business opportunity, nor will it pass the SEC or FTC definition of a legitimate MLM company.
Now, I do want to say, based on the Core Values of this company, they have their head on straight. However, because the FTC is going strong after the MLM Travel industry, I am not sure this company can fulfill these core values long term in the USA, which could be financially devastating to any U.S. based reps.
Travel Ventures International
Marble Arch Tower
55 Bryanston Street
London, W1H 7AJ
Although, the U.K. has great MLM laws on the books, it is vertically imposable for distributors to get any type of legal help if the company were to cause any type of financial hardship to them.
If you file a lawsuit in the USA, what are you going to get? They do not, at this time have any USA base of operations. If the lawsuit were to become a Class Action suit, the attorney’s fees would eat up any financial relief ordered form the Courts, due to the International legal representation which would be required to win.
Not distributor friendly at all! Based on the fact the company is located in the U.K., you will be signing and agreeing to policies and procedures which are based on U.K. laws not U.S. laws.
The basic compensation plan is a “Revolving Matrix” broken into two connected matrix plans, with some type of unilevel residual payout starting at specific rank levels. Like the majority of Matrix Compensation Plans in existence today, the majority of the income earned, comes form the sale of $250.00 membership plans. The FTC loves this type of plan, because they can use their “Pay to Play” rule and call the company an MLM Scam.
In the last few years we have seen them validate their rule in several court cases, the latest being Burn Lounge. When a company markets online services i.e. Websites, etc. and use these internal consumption benefits as the basis of the compensation plan, the FTC will eventually hit the company and the distributors are the ones hurt.
In this case, since the company is based in the U.K., you can bet the FTC would issues a Cease and Desist order, and go after the top U.S. based distributors.
My other issue with the TVIExpress Matrix compensation plan is according to their opportunity presentation, they pay 75% of every dollar back to the field. They don’t say “an average of”, “historically we have”, or “before breakage”. They flat out state “72% of all dollars earned is payback to the field.”
Well, as I stated in our current series on MLM Compensation plans, if a company pays out more than 63% of all wholesale dollars earned back to the field, they will not be able to sustain the business operations. This is especially true, when you are talking about international expansion.
And for those of you who are thinking, “Troy this is an Internet company” do these figures still hold true? The answer is yes! The basic costs of operating a legitimate company are the same.
Although, 72% payout is great for marketing, it raises huge red flags on the background of the unknown leaders running this company.
XanGo, who has one of the best overall compensation plans currently in the MLM profession, only has a 50% payout.
(I use XanGo because their compensation plan is not based on any smoke or mirrors. It’s a straight forward easy to understand Dynamic compressed, unilevel plan.
Here is the TVIExpress Opportunity presentation for you to review. Click Here
In closing, Travel Ventures International is not a traditional MLM Scam, however based on the following benchmarks it does not qualify as a legitimate MLM Business Opportunity.
1. Private registry of the TVIExpress.com URL.
2. No USA base of operation for U.S. support.
3. Lack of ownership disclosure or Corporate Officers on TVIExpress.com website.
4. SEC, FTC and State AGs have targeted MLM Online Travel Companies as MLM Scams.
As always we welcome feedback from our readers, subscribers, and community members.
Never Give Up,