Salsa
June 14th, 2005, 07:12 PM
I wonder how many YMMSS members have any idea how much money Kim takes from the funds required to make a $10 EPC mature versus how much they are paid. How would they like to know that Kim (administration) will take some $800 CASH on that ONE $10 EPC by the time it matures enough to pay them $320 and repurchase?
Strictly using the YMMSS explanations of how the system works, for that $10 EPC to mature requires an additional $1,680 of EPC sales (or other revenue lol). The below graph shows accumulative cyclic totals and how that money is distributed.
http://www.matrixwatch.org/forums/images/ymmss/ymmss_10dol_30p_050614a.gif
In this graph, administration takes it's claimed 25% of all EPC sales, 88% of that going to operating costs and Kim's profit, and 12% to the member's sponsor (22% and 3% of the total). If no sponsor is claimed, by the way, the default sponsor is ymmss, and Kim gets that, too--although he claims to return it to the commissions payable account (CPA) after taking 25%.
The big magic for Kim, however, is what happens to the remaining 75% after it is put into the CPA. As various positions are repurchasing to maturity or mature positions are repurchasing, their owners receive no cash--only the virtual commissions showing in their back offices. Kim, however, takes his percentage of all these repurchases in real cash.
The repurchases are also made with real cash, but when a position isn't due to pay cash, administration repurchases EPCs for the member, takes it's 25% and returns the other 75% of it to the CPA. Again, if the next position due to cycle isn't due cash, administration takes it's cut and returns the balance to the CPA, and so on. If you've heard how the "beauty" of the YMMSS system is the way it makes money "grow." This is the process that is meant. $75,000 of real cash put into the CPA can "pay" nearly $225,000 in commissions--IF none of the commissions paid is due cash. In the end, however, administration would take the entire $75,000 of real money to put in its pocket.
However, especially these days, 0% of positions paying cash isn't realistic. But even if YMMSS could mature to its goal of 100K*$100K, 50% of EPCs would have to be set to repurchase and 50% to pay cash in order for members to simply maintain their income goals. Earlier in the game, while most members are trying to mature their positions, the percentage of EPCs paying cash must be very much lower than 50%.
For example, DrZod, who joined YMMSS in January 2004, shows in his back office as having made $5,920 in commissions. He has received 0% of that in cash, however. And, long ago, Kim took his 22% of that $5,920, or $1,302 for DrZod's repurchases. PLUS, Kim had already taken his 22% of the $7,893 in sales that were necessary to get that $5,920 into the CPA, or $1,737, PLUS Kim had already taken his 22% of all the positions that DrZod had to initially purchase in order to earn those commissions. The last two categories, however, are really the same--DrZod (and others) purchasing positions to "pay" himself (and others), so we'll leave the last one out of the figuring. The bottom line is that while DrZod has taken $0.00 cash from his positions, Kim has taken $3,039 due to them. Papabear, who joined YMMSS around the same time, and AvidA, who joined back in 2003, and many others, are in the same boat. They haven't revealed exactly what their positions are supposedly worth, but they've also received $0.00 in cash commissions--and Kim has received a lot due to them.
My main point is that the 30% of commissions paid in cash, as in the graph, is very conservative--at least historically. I'm not certain what the exact percentage currently is, but analysis of historical data and of the YMMSS model has allowed me to make a very educated guess, and I think it's actually something less than 25%. And, of course, the lower it is, the more actual cash Kim is able to take. As I mentioned above, for a mature and stable YMMSS, 50% would be required, and YMMSS is nowhere near that. The bulk of members attempting to achieve the magic number of 79+ mature positions (to earn $100K+ a year) have taken near 0% in cash. Yes, a few experienced Ponzi players surely bought in with mature positions, used pay by website to take 100% cash commissions, and ran off long ago. For nearly all the rest, however, it's too late to do that. And the remaining believers continue to purchase new EPCs and set as many of their mature ones to repurchase as they can bear. According to sponsor testimonials, Kim has even managed to guilt many of them into not being too greedy and convinced them to purchase new EPCs with their entire sponsor commissions.
All of this is also based on taking the YMMSS system at face value--doing what Kim said it will do--and doesn't consider any "opportunities" that Kim might have taken along the way to dip out a bit more cash. The veracity of Kim's words is often debated, but one place where I entirely believe him is when he says that the system is working exactly as he designed it to work.
This look at YMMSS also helps to answer questions about the remarkable longevity of YMMSS. Most Ponzis would have died long before now, and many members point to this fact as evidence that YMMSS is not a Ponzi. It should now be clear, however, that the longevity of the YMMSS Ponzi is due primarily to the way it was structured to pay members real cash only as a last resort--some waiting years to not get it.
Salsa
Strictly using the YMMSS explanations of how the system works, for that $10 EPC to mature requires an additional $1,680 of EPC sales (or other revenue lol). The below graph shows accumulative cyclic totals and how that money is distributed.
http://www.matrixwatch.org/forums/images/ymmss/ymmss_10dol_30p_050614a.gif
In this graph, administration takes it's claimed 25% of all EPC sales, 88% of that going to operating costs and Kim's profit, and 12% to the member's sponsor (22% and 3% of the total). If no sponsor is claimed, by the way, the default sponsor is ymmss, and Kim gets that, too--although he claims to return it to the commissions payable account (CPA) after taking 25%.
The big magic for Kim, however, is what happens to the remaining 75% after it is put into the CPA. As various positions are repurchasing to maturity or mature positions are repurchasing, their owners receive no cash--only the virtual commissions showing in their back offices. Kim, however, takes his percentage of all these repurchases in real cash.
The repurchases are also made with real cash, but when a position isn't due to pay cash, administration repurchases EPCs for the member, takes it's 25% and returns the other 75% of it to the CPA. Again, if the next position due to cycle isn't due cash, administration takes it's cut and returns the balance to the CPA, and so on. If you've heard how the "beauty" of the YMMSS system is the way it makes money "grow." This is the process that is meant. $75,000 of real cash put into the CPA can "pay" nearly $225,000 in commissions--IF none of the commissions paid is due cash. In the end, however, administration would take the entire $75,000 of real money to put in its pocket.
However, especially these days, 0% of positions paying cash isn't realistic. But even if YMMSS could mature to its goal of 100K*$100K, 50% of EPCs would have to be set to repurchase and 50% to pay cash in order for members to simply maintain their income goals. Earlier in the game, while most members are trying to mature their positions, the percentage of EPCs paying cash must be very much lower than 50%.
For example, DrZod, who joined YMMSS in January 2004, shows in his back office as having made $5,920 in commissions. He has received 0% of that in cash, however. And, long ago, Kim took his 22% of that $5,920, or $1,302 for DrZod's repurchases. PLUS, Kim had already taken his 22% of the $7,893 in sales that were necessary to get that $5,920 into the CPA, or $1,737, PLUS Kim had already taken his 22% of all the positions that DrZod had to initially purchase in order to earn those commissions. The last two categories, however, are really the same--DrZod (and others) purchasing positions to "pay" himself (and others), so we'll leave the last one out of the figuring. The bottom line is that while DrZod has taken $0.00 cash from his positions, Kim has taken $3,039 due to them. Papabear, who joined YMMSS around the same time, and AvidA, who joined back in 2003, and many others, are in the same boat. They haven't revealed exactly what their positions are supposedly worth, but they've also received $0.00 in cash commissions--and Kim has received a lot due to them.
My main point is that the 30% of commissions paid in cash, as in the graph, is very conservative--at least historically. I'm not certain what the exact percentage currently is, but analysis of historical data and of the YMMSS model has allowed me to make a very educated guess, and I think it's actually something less than 25%. And, of course, the lower it is, the more actual cash Kim is able to take. As I mentioned above, for a mature and stable YMMSS, 50% would be required, and YMMSS is nowhere near that. The bulk of members attempting to achieve the magic number of 79+ mature positions (to earn $100K+ a year) have taken near 0% in cash. Yes, a few experienced Ponzi players surely bought in with mature positions, used pay by website to take 100% cash commissions, and ran off long ago. For nearly all the rest, however, it's too late to do that. And the remaining believers continue to purchase new EPCs and set as many of their mature ones to repurchase as they can bear. According to sponsor testimonials, Kim has even managed to guilt many of them into not being too greedy and convinced them to purchase new EPCs with their entire sponsor commissions.
All of this is also based on taking the YMMSS system at face value--doing what Kim said it will do--and doesn't consider any "opportunities" that Kim might have taken along the way to dip out a bit more cash. The veracity of Kim's words is often debated, but one place where I entirely believe him is when he says that the system is working exactly as he designed it to work.
This look at YMMSS also helps to answer questions about the remarkable longevity of YMMSS. Most Ponzis would have died long before now, and many members point to this fact as evidence that YMMSS is not a Ponzi. It should now be clear, however, that the longevity of the YMMSS Ponzi is due primarily to the way it was structured to pay members real cash only as a last resort--some waiting years to not get it.
Salsa