Hey guys, David Nelly here from Safe Money Makers, and today we are going to be taking a look at the upcoming launch of Elomir. Elomir is an upcoming Multi-Level Marketing company in the health and wellness space. Today we are going to do a quick review.
Is Elomir the next big MLM company?🤔 Or is this another one of those Pyramid Scheme Scams with extra anxiety?
As of this moment of writing on June 28th, 2022, Elomir is still in a pre-launch period. The full launch will be on July 5th, 2022. We at Safe Money Makers will update our review within a few weeks of post-company launch, but for now, sit down and give us a read so you can have an idea of what you are getting into should you choose to move forward with Elomir.
So, if you are looking to find out if the Elomir Strip, Axis Klarity will help out your squirrel brain and clear your thoughts, or actually have the opposite effect and put you into a full-blown panic attack, and if you are looking to find out if this opportunity will get you $10,000 a month or drain your bank account, you have come to the right place, as we are going to go into details about everything this company is all about.
Now, when it comes to MLM opportunities, these are the questions you should be asking.
🤔What is the income potential for this opportunity?
🤔How much Product, or usually in MLM terms, Personal Volume will I need to maintain my membership within its compensation plan?
🤔Is an income disclosure statement released by this company to properly follow FTC guidelines? This is important because you need to be able to trust the company, and the law requires it. If there is not an income disclosure, then the company is likely trying to fabricate false income claims.
🤔If an income disclosure is provided, what are the average earnings for people in the MLM? Does it look like there is a decent moving around rate with evenly dispersed percentages in the company’s structure? Or, does it look like 80% to 99% of all MLM distributors are never ever able to move above the beginner ranks and only make around $10-$1000 per year?
🤔How much time and energy will you be spending in the MLM? Will you be able to tackle this MLM structure in a relaxed pace? Will you be provided with an opportunity to use online marketing to promote the company’s products? Or will you be hustling all over doing door-to-door sales, hosting parties to introduce the product, and relying on selling to friends and family?
🤔Is the company’s product actually good, or improved over the competition? Or does the MLM rely more on upon recruiting others and attempting to finesse how much money you can make with the company to get people in versus selling the company’s product?
Now, my job here at Safe Money Makers is to help you avoid bad programs, scams, and pyramid schemes, as well as help you find that online business opportunity that does guarantee you legitimate job replacement income! (If you are willing to put in the work)
If you have studied MLMs and pyramid schemes like I have, as well as done all the research that I have, you would already understand that only 0.4% of people turn a profit in the MuYourketing/Direct Selling Industry.
In fact, you can see direct proof of this from a research case study done by the Federal Trade Commission. You can download a PDF file here that displays the truth in this.
The Premise of the product:
-Owners: Van Nguyen, Terry LaCore
-Summary: It’s all about the Strip. It sounds pretty wild and it is. Elomir’s product is this strip that apparently gives you health benefits and reduces things like depression and anxiety. In addition, there’s an MLM compensation plan.
-Opportunity Cost: Not completely known as of June 28th, 2022. You need to order the Strip to get started, which will be released on July 5th, 2022.
-Pros: New opportunity, means there is a spot open for the top legs of this pyramid operation.
-Cons: Uses unregulated products, some of which the FDA considers to be illegal.
-Our rating: 0/5
-Is it a scam or is it legit: This is a scam! Stay Away!
-Is it David Nelly Approved? No
What is Elomir?
Elomir is a health and wellness-based MLM company created by Van Nguyen and Terry LaCore. Their flagship product is this strip that is called Axis Klarity
In addition to the Axis Klarity product, Elomir offers a compensation plan which will be further detailed upon below.
Not much is known about Axis Clarity outside of the promotion behind the product. In testimonial videos, many people claim that this product lifts the weight off their shoulders, helps reduce anxiety and stress, and clears their heads.
“The focus of this product is amazing…I was able to get…what I needed…to get done…”
It’s a strange testimonial video. The promotion and the product itself reminds me quite a bit of It Works Skinny Wraps. The product is simply so bizarre and out there and it makes no sense.
A lot of cases of MLM products are like this, now, this is not to say that Axis Klairity does not work or that its a bad product, but there is a pattern to these MLM companies where they make sub-par products and charge more money to support the downline function of the MLM company.
Each Yellow Strip of Axis Klairty contains these ingredients…
Something I strongly disagree with is the fact that they are using N-Acetyl-L-Cysteine Conjugate.
This is considered to be a drug and in 1963 the FDA ruled a law in which this compound cannot be marketed, and Elomir happens to be doing just that.
Some of you in the comments stated that this compound can be sold over the counter and that is correct, I never said that you can’t get this without a doctor’s permission.
However, it is illegal for dietary supplements to contain N-Acetyl-L-Cysteine Conjugate because it is an approved drug.
How much does it cost to join Elomir’s compensation plan?
Full details as of today June 28th. 2022 has yet to be released. However, the rules state that in order to begin with this opportunity, you must purchase some sort of strip package deal to get your business up and running.
You go to the order page and put your info in, then you are told that you will be contacted on July 5th to be provided with more information.
Compensation Plan Review:
You can read the compensation plan in its entirety by clicking this PDF link here:
As already mentioned at the beginning of this review, you’ll already realize that 99.6% of all participants in MLM are destined to lose money, but is Elomir any different? Could this be the one MLM company that will have a higher probability of yielding better results?
There are 5 ways to make money with Elomir.
1. Retail Bonus
If you enroll someone into the company and they purchase products through the company’s store, you will receive 35% of the Commissionable Volume that is assigned to the product that they purchase.
2. Fast Start Bonus
Must purchase an enrollment package and maintain 65 PV. Creates potential to earn on 4 generations deep of other personally enrolled members.
3. Generational Team Bonus
Earn monthly generational payments based on your uni-level tree.
4. Rank Advancement Bonus
Receive one-time bonus payments upon advancing rank. Icon 4 to Legend.
5. 3X bonus
If you reach within ranks between Icon 4 to Icon 7 within your first month of enrollment, you will receive 3X times the advancement bonus that those ranks offer as one-time fees.
Do I think that Elomir will be a successful company?
Elomir reminds me of It Works in terms of its strange marketing and weird product, so that can open the door to make people think they discovered something that is unique and state of the art(even though it is not).
However at the same time, this company has some very shady marketing practices, and I would be surprised to see an FDA lawsuit against this company in the future.
This is something that tends to happen to MLM companies, and this one definitely seems to be asking for it.
In any case, it is possible that Elomir could potentially be a successful company, but more than likely if that ends up being the case, it’ll be for the wrong reasons. Like most MLM companies, they aren’t exactly successful because they created some groundbreaking products, but generally, they are successful because they managed to rope all of these people into becoming their promotors/distributors.
And what do you need to become and maintain a distribution status within an MLM company?
You need to buy like $250 worth of products and try to promote them.
Then in addition, regardless of your sales and success, you need to have a certain PV each month that always resets, and it must be paid either by customers/brand partner enrollees or that PV has to be paid out of your pocket.
While the company has yet to fully release its LLC to the public, I can already say that this is one of the more scummy MLMs that I have reviewed here at Safe Money Makers.
The fact that they would stoop so low as to use a child to promote an unregulated drug tells me that these guys would stoop to any low and use any promotional tactic to lie and steal money from any of their potential customers and distributors.
✅The company is very brand new, and as a result, you could start at the top of the pyramid and make a lot of money!
❌Emotionally deceptive and disgusting promotional tactics.
❌It’s an MLM which means that there is a 99.6% chance that you’ll lose money.
❌The company is brand new, most MLMs don’t even survive for 3 years because the FTC shuts them down, and with the deceptive and shady promotional tactics that this company uses, they could also very well be shut down.
❌Products are not regulated by the FDA, nor is the production of these products so…pick your poison.
Elomir gets a…
David Nelly disapproves of this product even more so than he does with most MLM companies
If you are looking for a way to make some passive income online without pouring all of your blood, sweat, and tears into it, and instead, building your business in a relaxing stressless way, you may be interested in checking out my #1 recommendation.
That’s all I got for today folks. I hope this review has helped you make an informed decision about Color Street, as well as whether or not its compensation plan is worth it.
As always, if you have any questions or concerns, feel free to leave them in the comments below or reach out to me personally by emailing me at email@example.com.