Gotmatrix autocycle fund

[ycchen]

How to speed up the monsterious or stagnant lists? AUTOCYCLE FUND! An invention of Damion, if I am correct. A couple of big matrix-sites such as gotmatrix also adopt this idea.

Does it work? Well, it will only work if this autocycle fund (non-matrix income) is LARGER than the signups income (matrix income).

Why is it has to be larger? The reason is simple. Gotmatrix, like all other matrix-sites, is a pyramid scheme. For every dollar it take in, it owe the helpers $5 dollar. So, if owner want to use autocycle fund (non-matrix income) to speed up the matrix list, it has to generate FASTER than the money received from signups. For example, if Greg receive $15 signup today, the autocycle fund should receive MORE than $15 on the same day. This way it will 'slow down' the exponential growth of the debt.

Ideally, for every $1 Greg received from signup, the autocycle fund should generate $5.00! Then it will really balance the account! It is the IDEAL matrix where EVERYONE WILL BE CYCLED! Note: then it looks more like a charity than a business.

From my debate with Damion, the first 3 months of Ezexpo seen to run in an ideal mode because the advertisement income (non-matrix income) is much larger than the signup income (according to Damion). Unfortunately, that will NEVER happen again.

So, how much does gotmatrix autofund looks like at this moment? On 11/14/2003, the balance of gotmatrix's autofund (non-matrix income) is $330.

How much signups income (matrix income) did Gotmatrix received recently (between mid Oct and mid Nov)? $10,245

So, is the $330 autocycle fund (non-matrix income) LARGER than $10,245 signups (matrix income)?

Of course not. Autocycle fund (non-matrix income) is only 3.22% of the total signups income (matrix-income)

So, do you expect 3.22% non-matrix income to significantly speed up the lists?

Well, as usual, it will probably be added to the $25 list, and cycled extra 13 helpers. Unfortunately, there are currently [at least] 3899 helpers on the $25 list.

Conclusion: Can autocycle fund (non-matrix income) speed up the the waiting list? Yes, it will. But how fast? Well, you know the answer.

Therefore, all the talk about speeding up the lists by this 'magical' autocycle fund is just another "feel good" strategy to pacify impatient helpers. It is totally insignificant in 'speeding up' any list.

Some supporter might argue, it is better than nothing, at least Greg is trying very hard to serve his customers. Well, I can't deny that. It is true that it is better than nothing. But it is close to nothing, if you take these numbers seriously.

Gotmatrix customers can decide for themselves whether it is working or not. My job is simply presenting the numbers.

[mikv]

The autocycle fund is definitely NOT working at GotMatrix. There is clearly not enough money being put into the "fund" to make a difference on any list. That fund was conceived as a means to rid the site of all the stagnant lists, yet it is only used to cycle out the $25 list. Greg has clearly left all lists except the $25 list to fend for themselves. It is up to the customers to cycle themselves. Greg does zero to help out any list. He's stated himself that "the customers run the site". He is just reaping the reward of "borrowed money" he calls profit. I'm still waiting to see what happens when PayPal releases his funds. He will have enough to cycle a few lists out or refund, we'll see which lists get attention when that happens.

[ycchen]

Originally posted by mikv
Greg does zero to help out any list. He's stated himself that "the customers run the site". Did Greg really say that? That is about the most irresponsible statement any owner can make! If customer has so much power to run the site, why can't they choose to refund themselves? Why can't they choose to decide where to dump the autocycle fund? (Well, it doesn't matter where they put this pathetic amount of fund, it does not make much different anyways)

Desperate customers risk their eBay ID (of course, they are greedy one who just make $ out of selling gotmatrix link), putting out illegal adv to promote their own list. We have seen many newbies promoting their own lists because they are hopelessly stuck at the bottom. Unfortunately, most of them are unaware of the 'mission impossible' at their current position. They need hundreds or even thousands of extra newbies to be cycled. Theoritically, it will take YEARS, but in reality, it means NEVER because gotmatrix will NOT survive for a year, not even 6 months. Why? Because all pyramid scheme crash eventually, and gotmatrix is at the very end ..:(

Ironically, the only thing that gotmatrix customers actually "run" is to hopelessly help themselves to move up the pyramid by recuiting their own DOWNLINE while Greg can sit there feeling good about his version of "corporate democracy" ...:(

Look, gotmatrix is looking more like a pyramid scheme then ever. What about 'sit back, relax and watch your status move'? Now, gotmatrix is all about reaching out to grab your downlines!

Well, may be sit back and relax is still true for 'someone' who is not on any lists! This is a typical power game. The powerful can relax while the powerless do the dirty job. Sadly, that's the beauty of a perfectly 'democratic' pyramid scheme! :(

[Got Matrix]

Actually I've never used the autocycle funds to cycle anyone on the $25 matrix

[ycchen]

Originally posted by Got Matrix
Actually I've never used the autocycle funds to cycle anyone on the $25 matrix If you never use the autocycle funds on $25 matrix then I have 2 questions for you.

1) Which list do/did you apply your autocycle fund if not $25?

2) Why are there so many "autocycle" words on your $25 list? Are you saying that you have one customer call : "autocycle fund" on the $25 list? ..:)

[Got Matrix]

Okay, I should not have said never but I have never dumped all the funds into the $25 list.

Basically the $25 list was the original way to fund the autocycle pot. The autocycle pot has cleared 5+ stagnant list since started and will be clearing out a few others shortly. It has also been used to buy off a few positions on the $25 & $50 matrix list since they are the largest on our site.

[ycchen]

Originally posted by Got Matrix
Okay, I should not have said never but I have never dumped all the funds into the $25 list.

Basically the $25 list was the original way to fund the autocycle pot. The autocycle pot has cleared 5+ stagnant list since started and will be clearing out a few others shortly. It has also been used to buy off a few positions on the $25 & $50 matrix list since they are the largest on our site.

Thanks for your reply. A couple of followup questions if I may.

1. Which 5+ stagnant lists are you tallking about?

2. What do you mean by "cleared"? Do you mean (a) cycled everyone out of the list? or (b) buy off a few positions on the $25 & $50 list.

If you answer on question 2 is (b), then
3. Can you tell us how is your "buy off a few positions" acutally work to "cleared 5+ stagnant list"?

4) Can you tell me how many is "a few"? How many people did you "buy off" on $25 and $50 list.

5) Last question, what is the total autocycle fund have you generate so far?

Thanks.

[mikv]

"It has also been used to buy off a few positions on the $25 & $50 matrix list since they are the largest on our site."

The problem with this is that there were already 25 or so lists that were already stagnant BEFORE the $25 & $50 lists were setup. So much for being an honest owner. The money that was supposed to be used to cycle and clear out ALL the OLD LISTS is getting used to "supposedly" cycle out the current lists. But that isn't even happening. You've made your longest standing customers wait longer and actually take a back seat to the newbies in order to keep borrowed money in your pockets. That is some customer service, huh. Kind of makes you wonder if he's not adding fake names as well, since he's lying about everything else I wouldn't put that past him.

[Got Matrix]

First off nowhere is it stated that it's specifically for ending old list. Autocycle simply means list are automatically cycled with no purchases with funds from another source.

Ycchen here's your answers

1)
Korg Triton
T-Maxx
External Harddrive
Sony 32" Plasma Super Fast Cycle
Sony 32" Plasma Normal Cycle

I believe there was a few others back around May but unfortunately I do not recollect the products

2) Everyone was cycled on the list

[ycchen]

Originally posted by Got Matrix
First off nowhere is it stated that it's specifically for ending old list. Autocycle simply means list are automatically cycled with no purchases with funds from another source.

Ycchen here's your answers

1)
Korg Triton
T-Maxx
External Harddrive
Sony 32" Plasma Super Fast Cycle
Sony 32" Plasma Normal Cycle

I believe there was a few others back around May but unfortunately I do not recollect the products

2) Everyone was cycled on the list

Well, I am not sure whether I should believe you or not since you can't even recollect the products, and you don't keep record of this FULLY CLEARED lists. If I were you, I will keep these fully cleared out lists on the website to show people your archievement, because you are basically running a charity for doing that, and I am sure you know what I mean.

Let say I believe what you say, can you kindly explain to us how you did it?

Question 1: How many people are we talking about in this 5 lists. You know need at least 5-10 times (Note: 5 times is an average of all 53 lists. For these particular 5 lists, the average should be more than 10 times) "non-matrix money" to cycle EVERYONE on the lists. So, I wonder how do you generage AT least 5-10 times the amount of signups to cycle EVERYONE on these 5 lists.

Question 2: Where do you get that much 'non-matrix' (so called autofund) money? From the $25 list? How much are we talking about to cycle the all the people in these 5 lists? Even if you did not keep the record, we must have some 'impression', right?

Question 3: What is your criteria of sellecting these 5 lists? Why aren't you doing this kind of CHARITY BAIL OUT any more?

Thanks.

[Got Matrix]

1)The average list that was autocycled had 10-15 people each

2)When the $25 was the most popular item cycling 200+ people a day as a 4 person list the autocycle fund was generating funds at a highly increased rate to what it is now.

3)I choose whichever list has been stagnant the longest

I also put a portion of my profit into the funds to cycle people when I am able to but unfortunately when my processors get frozen I face a huge loss for 180 days until those funds are made available. This is why when you guys do everything you can to close a persons merchant account it really puts a strain on there site/business but luckily for my site I have had my backup plan in affect so that I did not have to close shop.

[ycchen]

Originally posted by Got Matrix
1)The average list that was autocycled had 10-15 people each

2)When the $25 was the most popular item cycling 200+ people a day as a 4 person list the autocycle fund was generating funds at a highly increased rate to what it is now.

3)I choose whichever list has been stagnant the longest

I also put a portion of my profit into the funds to cycle people when I am able to but unfortunately when my processors get frozen I face a huge loss for 180 days until those funds are made available. This is why when you guys do everything you can to close a persons merchant account it really puts a strain on there site/business but luckily for my site I have had my backup plan in affect so that I did not have to close shop.

1. 10-15 people on one list? Okay, let say 12 people X 5 lists = 60. You probably autocycled a total of 60 people from the 5 lists. So, how much does it cost to do that? If you can provide us on the payout of each list, then we can estimate HOW MUCH are we talking about here. Then, we will know if it is POSSIBLE to generate that much money from your $25 list.

2. Even if autocycle fund WORKS in the past (I have to trust you on this since you can't provide any evidences to backup your claim), will it work now? What are you going to do with the $300+ dollars of autocycle fund? What effect will it have on stagnant list?

3. Paypal shut down account of business owner who get complaints from HIS/HER CUSTOMERS. I am sure that most complaints come from customers who don't even know the existence of MW. So, please do not give too much credit to this site, I am sure that MW is not that popular or powerful..:) If MW is that influential, you should be out of business now. ..:)

I suggest if you HONESTLY think that you are NOT running a pyramid scheme, then you should go to the press to defense your genuine ebook selling business. Do that and it might 'detoxicate' the 'negative' image on your 'business'. By the way, is there a positive press report on gotmatrix? Can anyone show us a positive review on gotmatrix on public media? Hmm.... I wonder why there is none? You know, most business have a section called "press" that contain all the positive press report on their company. Why don't you try to collect 'positive press' on your website? I am sure it will help to promote your site in a legitimate way.

[dwin75]

There is no positive press from any reputable press source on matrix sites and there never will be. Matrices will forever be tainted because they are pyramid schemes and there is nothing good you can say about that.

End of story.

Merry Christmas

[MatrixWatch]

Originally posted by Got Matrix
...but luckily for my site I have had my backup plan in affect so that I did not have to close shop.

A backup plan? I don't understand..

[ycchen]

Greg, what is your backup plan? Autocycle fund? You must be kidding me ....:D Let us know if your backup plan is something other than the $300+ autocycle fund.

[mikv]

Backup? I'm wondering what his "initial" plan was. It's not like the site was successful up until this point and now he's looking for a way to "keep it successful", he's had no strategy from the beginning and it shows.
His customers are left in limbo while he "tries new ways" to cycle them. Although you actually have to "try something" in order to use that as an excuse. His forum now has customers questioning why the site is not listed even when you type in GotMatrix as the keyword. Matrix Watch shows up, but GotMatrix does not. He's not even making sure that he's even listed on search engines. Some customer service attitude. At the very least you have to keep your search engine listings up, how else do you back up your smoke and mirror operation.

[concerned]

Originally posted by mikv
Backup? I'm wondering what his "initial" plan was.

Initial Plan:

Scam people out of their money so that my friends and I could get plasma screen TV's, PS2s, XBOXs, and loads of cash for nothing.

Backup Plan:

Run into the hills and cry like a baby because thousands of people that I scammed will be hunting for me. Change my name to John Smith, grow a beard, and get plastic surgery.

[The Black Pearl]

Let's ask Got Matrix a couple other questions.

1. What are you doing to generate the money for this autocycle fund? If you are using several methods please list them.

2. Out of the money generated, what percentage of it are you actually using to cycle people off the lists?