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  • Topic: 1BitCoin Business Opportunity

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    • October 10, 2014 2:19 PM PDT
    • 1BitCoin Business Opportunity

      Thanks Jim Heron for posting about the cost for entry into the 1BitCoin business opportunity forum.

      $300 per year for the "business opportunity" and $350 per year for merchants to be listed in their BitCoin Directory.

      How very retro-MLM. Did I just wake up back in the nineties, back when replicated websites were being sold as a $499 "business opportuties?

      In many states a "business opportunity" selling for $300 or more needs to be registered with the state, and can't be sold unless potential purchasers receive a pre-sale disclosure that has been filed with the appropriate state agency. The FTC has also enacted very, very strict new rules as of March, 2014 for anything promoted as a "business opportunity."

      Posting that in a press release just seems like a rank rookie move. I'm still looking for one specific successful - or even struggling, but still open - MLM company that Jim Clayton has ever provably been involved with in an executive capacity.

       

      This post was edited by WatchDog at October 10, 2014 2:22 PM PDT

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