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If you have been online lately, you may have noticed Ormeus Global company generating a lot of buzz especially, on social media.
This MLM company is all over the internet with associates trying to pitch the business opportunity to people on social media.
So you are probably on this site because you want to find the truth if Ormeus Global is a legit business or a scam.
I have gathered the facts about Ormeus Global which will offer an unbiased review of the company.
This will help you know whether it is a good decision to join their business or not.
So let’s get started on the Ormeus Global review…
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What exactly is Ormeus Global?
Ormeus Global is a new MLM company that is currently under state of pre launch.
As a result, details about Ormeus Global review like business model and its compensation plan is scanty.
It is still unclear whether this company will offer more details regarding its owners, business model and compensation plan when it finally launches.
After checking their website, there was no information regarding the company’s background, including who owns the company, where it is located and when it first started.
However, I found out some information about Ormeus Global website domain name “ormeusglobal.com” which was registered on February 24, 2017.
Since the company’s domain name was privately registered, it was difficult to know who the owner is and where it was registered in the world.
When you visit Ormeus Global website you will see a “Login” button located at the top of the page.
When you click on it, you will be redirected to the domain “ormeusbackoffice.com.”
As for Ormeus Backoffice, the domain name was registered on April 10, 2017 with a man using the name Joseph Frazier of o ApogeeInvent listed as the owner.
ApogeeInvent company appears to be a web design company because their website is advertising services like website design, video production, website development and SEO.
It is likely that Joseph Frazier is the CEO of ApogeeInvent.
Going back to Ormeus Backoffice, it looks like just a login page for member affiliates.
However, for you to login into Ormeus Backoffice, you will require to have an email address which has the domain “ormeus.com.”
The domain name “ormeus.com” was registered on February 24 2017, which happens to be the same date that “ormeusglobal.com” was registered.
The owner of “ormeus.com” is a company known as “iAM Marketing.”
A further look on “iAM Marketing” website reveals a man named Anthony Simmons as the company’s System Administrator.
The company’s website also reveals that “iAM Marketing” is offering “white label cryptocurrency”, “compensation plan development” among other services.
The founder of “iAM Marketing” goes by the name of John Barksdale and according to his Facebook profile page, he resides in Thailand.
From all this information, there is a strong indication that iAM Marketing and Barksdale are rather involved in the direct running of MLM business Ormeus Global.
What are Ormeus Global products?
After checking their website, it remains unclear whether this company has any products which it retails to customers.
However, Ormeus Global website has mentioned “accredited cryptocurrency education”, including courses like;
· Ormeus Coin cryptocurrency
· Inner Quest
· And Ormeus Qi
Other than these details, there is no information on the company’s website which shows they offer other products to customers.
What about their compensation plan?
Ormeus Global promises associates will earn 160% ROI that is passive if they invest their money in the business.
According to Ormeus Global website, the ROI is generated from some trading activity.
In a nutshell, the company’s website reveals that you will get paid a commission via a binary compensation plan.
This binary compensation structure will place you at the top of the team, which is split into left and right side.
Positions in the binary team are filled by directly and indirectly recruiting new affiliates.
Ormeus Global tracks funds that are invested on either side of the binary team.
At the moment, this company has not revealed the amount of money affiliates will earn as a commission.
What is the cost of joining Ormeus Global?
This company does not ask you to pay money to sign up with them, though it might change when it is properly launched.
However, it is important to note that you will need to invest some money in order to earn the 160% ROI that they advertise.
Is Ormeus Global a legit or a scam business?
You might have heard many stories that Ormeus Global is a scam business online.
Others will tell you it is a legit business which will soon launch with amazing commission rates.
But what is the truth?
In truth the company is not quite a scam, although it has insufficient background information like the owners which is crucial for MLM business.
It is quite difficult to judge whether this company is a legit business or a scam considering it is still under pre launch state.
However, considering it prohibits people from the United States to join their business is a big red flag.
The cryptocurrency education course they offer is legal in the US.
Therefore, it seems the owners know other details regarding the company which might fail to be registered in the US.
As a result, I would urge you to stay clear of this company until more information suffices, perhaps after launching.
I hope you have enjoyed my Ormeus Global Review.
If you have any questions or concerns please leave them in the comment section below…
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Jason (Founder) How To Stay Safe On The Net