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Income for NOTHING ? - A further investigation...

I just came across a very unusal "income generation" website that is unlike any other I have ever seen.

Having seen countless hundreds of obvious scams before, I was most suprised to find that there was no fee. None at all.

It's primary objective appears to be the amassing of a large mailing list. All content on the site is aimed at achieving this. It sports an ad claiming that the company will be sharing it's profits with its members.

Because the ensuing activity is so great and the number of visitors and subscribers is so high (>5,000,000 now), the site's Alexa ranking has shot up like a rocket since just before 2012 and is now at 1067. (If you aren't familiar with Alexa, it basically means with this kind of traffic, the site could be worth in the region of tens to hundreds of millions of dollars).

Now what they claim they will do is to allocate 50% of their profits (whatever that may turn out to be) and split it between the members (the money comes from the value of the company due to it's very high ranking....).

The site is free to join and is guaranteed to stay that way forever. This seems sensible as the enterprise does not need to charge money from its members. All that is required is registration. And if the instigators do in fact succeed with their plan (and there appears to be no reason why it *can't* work...), and they are honest, then everyone who is onboard will get a share of the profits.

Having been in internet business for over 2 decades, I am somewhat interested by this approach, because for ONCE, it is at least not yet another of those schemes where you have to pay and be left to the dogs working out how to recoup your investment with a bunch of useless "tools".

Now, on the negative side:

For those (like me) who are ever-suspicious of any scheme that promises this kind of thing, this begs the question: "What is the worst thing they could do".

I can only surmise that since they haven't recieved any money from the members, then all they really end up with is a mailing list which they could theoretically sell and then try to escape with the proceeds, but this seems quite illogical since their Alexa ranking clearly puts them in the multimillion dollar value bracket. Why jeopardize such a business achievement for comparative pennies and then having to flog stolen mailing lists ?

Personally, I think if the instigator of the this system were to do that, he/she would have to go down as the DUMBEST criminal ever.

I am registering - just to observe what happens.. particularly since there is no charge... ie. little to lose.

In the meantime, I am going to investigate futher to try to determine who is behind this endeavour....

Anyway, take a look and decide for yourself. If activity on the site is ANYTHING to go by, then these guys are really set for *potential* success...

 

BUT NOTE: They are only taking new members for the next 9 hours or so...

AND - IF you do join, realise that the success of the venture depends on getting with as many people as possible - because the potential income is dependent on how many others you have in the "team"...

I would like to hear your comments on this idea... Below is the advertisement in question.

_________________________________________________________________________________

WAZZUB, the world's first PROFIT SHARING PHENOMENON is going VIRAL!

The WAZZUB FAMILY is growing faster than any other Project ever did.

On average EVERY FEW SECONDS we welcome A NEW MEMBER
and it is going FASTER AND FASTER.

CLICK HERE TO JOIN


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Comment by Illumination OV Admin on April 11, 2012 at 2:41

Good info Gary. I used an address I always use for these things.

Comment by Gary Val Tenuta on April 10, 2012 at 22:17

Better read these before giving away your email address to these guys.

http://www.scam.com/showthread.php?t=147031
http://rclinton5280.hubpages.com/hub/Wazzub-Is-A-Scam
http://noscamworkathome.biz/fantasy-island-the-wazzub-scam/

My guess is that after you join the only thing you'll get is tons of spam from other companies to whom Wazzub sold their massive email list. Then Wazzub will probably vanish in the blink of an eye. One person, whose blog I was reading, said she had seen another site just like Wazzub awhile ago. She suspects Wazzub is just the latest incarnation of that previous site because much of the text on Wazzub seemed almost like a copy/paste job from that other site. I dunno. Just sayin'. :-)

Comment by Sally on April 10, 2012 at 0:49

I tried to sign up said, I kept getting the secret word wrong or email

never went through so I gave up thinking maybe they quit taking it

Comment by Sharon Kay Mustin Summerford on April 9, 2012 at 18:01

Comment by Love IS the Answer ~Admin~ on April 9, 2012 at 9:16

I am finding this actually a bit exciting... the more I look at it, the more it makes sense the way they are doing it... they are not promising anything they can't deliver... and THAT I like very much.

They are simply saying they will split WHATEVER they get out of it with the members..crikey, if it buys me a dinner, I'll be happy - I've never seen a scheme yet that has done even THAT :-)

Comment by Illumination OV Admin on April 9, 2012 at 9:10

Already Have :-)

Comment by Love IS the Answer ~Admin~ on April 9, 2012 at 9:08

Well, don't forget to spread the word... the more people you get, the more your share will be... (so they say)... there is a little income calculator on the site too...:-)

Comment by Illumination OV Admin on April 9, 2012 at 9:06

Nothing ventured, nothing gained - I'm in!

Comment by Love IS the Answer ~Admin~ on April 9, 2012 at 8:58

It hasn't launched yet, but will in about 8 hours from now... but I joined two hours ago and already have 21 people in my account... so if it IS fair dinkum (and there seems to be no reason why this plan can't work), then I suggest getting into it... there's nothing to lose...

It's not often you see something that has ANY potential that is guaranteed to stay free...

Comment by Illumination OV Admin on April 9, 2012 at 8:46

I've been in Internet Marketing too Michael and usually go by the old adage 'if it seems to good to be true then it probably is'. I'll take a look though.

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