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poorme
June 26th, 2003, 10:15 PM
What are the difference between MLM & Matrix?
poorme
June 26th, 2003, 10:43 PM
For matrix, #of the cycled x # of person-cycle period = # of participant. If # of person-cycle period = 25 :
poorme
June 26th, 2003, 11:04 PM
It is also pyramid-like
poorme
June 27th, 2003, 01:26 AM
http://www.wfdsa.org/legal_reg/pyramid.asp

this site has a term "investment lotteries"
Arzel
June 27th, 2003, 01:29 AM
That is a very good question. There is a very fine line between the two, and I would not be suprized if these lawsuite put them into the same boat.

The FTC has some information on MLM

http://www.ftc.gov/bcp/conline/pubs/invest/mlm.htm

that you might find interesting. I wish I could answer your question better, but I just don't know at this time.
poorme
June 27th, 2003, 01:49 AM
What is the investment lottery?
damion
June 27th, 2003, 05:34 AM
In a nutshell:
MLM is legal as long as the basis of the company is not to recruit other members. If everyone in the world signed up and the company could still continue to strive on sales of a viable product or service then it is okay.

The one paragraph version :-)

Damion
ebanana
June 27th, 2003, 10:33 AM
Laws are different everywhere, in some US states, MLM is deemed illegal, but in all of Canada is is fully legal - there are even laws for 'proper competition' in MLM companies. I have heard that in England any type of MLM, including matrix sites, are completely illegal, but I could not confirm it.