Company Overview
Company Name: Emerald Passport
Company Headquarters: Panama City, Panama
Company Founder: Not Listed -
Year Established: 1990 [Became network marketing company in 2003]
Industry: Wealth Creation, Personal Development
Estimated Number of Active Members: 3,000
Cost to Join: $1,295 - $5,995
Subscription Fees: $149 annually
Company Website: www.EmeraldPassport.com
Business Opportunity Review
Product
The Phase 1 Product is called Passport to Prosperity. The company promotes this as a “Wealth and Success Education System”. Generally speaking it is a series of information products on wealth building and personal development. It includes information on topics such making money in real estate, forex trading, negotiating training, financial planning, and several success training products.
The Phase 2 Product is the Emerald International Conference. This is a conference held in an exotic location with the program consisting of selected guest speakers and lecturers that teach on subjects such as money, investing, banking, corporate and income tax, the psychology of money, trusts, real estate, currencies, trading, global investment strategies, and personal development.
Compensation Plan
The company calls their plan a reverse margin compensation plan. We could not find a reasonable definition of what that means.
In order to first start making money, you need to become a Director. You can do this by passing up 4 training sale to your Director [or sponsor]. If you purchase the Phase 1 product at $1,295 yourself, that can be counted as one of your training sales. You must pass up two training sales to your Director and the last sale is termed a Group Sale [a sale your Director takes care of for you. Once you become a Director you are in a money making position.
To qualify for a Phase 2 Director you must first purchase the Emerald International Conference yourself and pass up 3 sales to your director.
Phase 1 Director
Sell product for $1295 earning $1000 commission.
Phase 2 Director
Sell Emerald International Conference for $5995 earning $4500 commission
Customer Support
Emerald Passport provides email support only
HBPI Comments
Pros:
- Company has been in business for over 4 years
Cons:
- Products are overpriced and available in most book stores
- Many top marketers have left the company
- Have to pass up first 2 sales at each level
- Company is offshore to United States
- No telephone support
- Other Internet Marketing programs offer better array of products
After thorough investigation of this program, including "off-the-record" conversations with both active and past leaders in this company, we rate this opportunity
 - Not Recommended
Even if you follow the "HBPI's 5 Rules to Success", this program does not offer the opportunity that some of our other reviewed programs do.
** Our Top Pick Of 2009! **
Plug-In Profit Site - Complete Money Making Site Setup FREE! |
