Majority of the business model has been explained by me on my previous post, and you may refer to the critics from other forums also
Basically they are sustaining based on 2 incomes, an online mall which sells items and a referral programme. I would think currently the referral side is generating the bulk of the income as the server is slow for people to upload their products on the mall. My guy is taking 2 weeks to upload his bag collection. Im not pleased with this myself, have personally met with Richard on this issue, but will require time.
At the end of the day, the stakes are high, risk are high too. If you think you can lose the RM825, then its a worth shot, but if you require that RM825 for emergency funds or other fundings, I will not advice you on this.

No surprise there. It takes me 2 weeks to upload new stock as a merchant. 3 months I no scared, Im scared if it does not last 3 years

No official records that its off the watch list as long as there are people promoting it as "Investment"

Because RM800 is a risk that most are able to afford without going into much financial issues

Lolx, like that either her upline over promise her, or she wants to risk it all for 1 chance or nothing. Her upline will be very happy

Is not uncommon, I met factory workers who tell me they want to take bank loan RM30k to buy in USD10k account. I told them to fly kite, put in RM1k and top up monthly instead.

correction, 18 months

From the passive part or active ?
My referal contributed quite a big some to my earnings, and I have taken out enough from my passive to cover my cost as I have been around for some time.

Depends on how you see it.
I personally have 3 accounts, my 10k account is set to withdraw full 1 week for every month
My 2 other smaller accounts is set constantly 50% withdraw.
I didnt actually count the numbers, but being with them for a year gives me a profit of about 120% after all deduction on paper
If you are a new account of 6 months or less following my method, you will be losing money Unless you have a 10k account.

If it dies, yeah I feel bad.
But I have warn everybody on the risk involve, and is not like I tell give them all the fruity news only.
I have a reputation to keep with many of my clients and partners, and I wont tarnish it because of such small sum of cash. They understand the risk, they understand its under BNM alert list, and they cash in if they feel comfortable

Well, if you want to say it as who join last who lose, I think this goes with all MLM companies, no ? Even legal ones

Im involve in several other MLM companies, being a pinior definitely have it perks , but risk at the start.

Fact of truth, all MLM companies starts being very shady, it just your own call if you take that opportunity or not.

Give you an example, Kenshido started out like everybody else, even made it to the list of top 10 scams in the MLM industry, type Kenshido into your google, you will only see the scam post coming out. But look where are they now ? Look at their business model and how legit they are. It was hard those days as i borrowed RM2k to join, but I glad I made that rash decision

Remember this, doesnt mean that a legit business, have responsible and ethical members.

Actually we know what they are doing, how they are generating the 1%, and Id also understand how they were previously overpaying
Its just nobody bothers to listen/understand it and are keeping a direct deaf ear pointing it to a ponzi scheme with impossible payouts
Trust me, if everybody pulls out 1.5% daily, thats bloody overpay, and we all know that. Which was why few weeks back it drop to 0.87%. I have discuss this with Richard right after that on this issue and we came out with a way to tackle this problem which will be implemented in July.
To those already in it, stay tune !

The items are priced at least 5-10% cheaper based on retail price, however if a mall lets say Tesco decides to give it another 20-30% discount, of course it will look overpriced. If you indeed able to locate a product which is more expensive then the retail price, please by all means report it to management
I have imported in Guici , Prada, Hermes back, all are sold out within 10 minutes.

There is a reason why the GOOD items are gone fast, and left the unwanted items in the mall
Also, if you understand the payout system of the company based on active part, you will also see there is actually alot of people with money wanting to buy, just there is not enough products which make sense for us to buy.

We as senior members are very close to the merchants, whenever they have a new product they are to update, we will be in the mall waiting to grab those items asap. I have bought bicycle, stand fan which I donated to charity, however those abalone and stuff hardly touched as the brand aint famous.

A ponzi scheme can overpay you, BV cant.
Prove ? Look what happen last month ? Why did the DSI drop for those 5 days ?

Ill do so when I do a bag purchase Waiting for Liz in Penang to upload the bags

But might have to wait a month or so, pending her shipment from the UK

There is a reason why is best to join the right team or team leader in any society

I have already cash out more then my original investment FYI
And by doing the above, it ensures overpaying does not happen. I have no objections on this if Im looking for 5-10 year plan

Try using your main account not dupe over here
And Im pretty sure the majority DID NOT read the terms and condition upon signing up.
It is not uncommon for any company to change their payout policy as they have written in the contract.
Lastly, BV was never a MLM company to begin with. Although the payment system is 1. If they are, either they would have closed down by now or they would have gotten their AJL licence.

I must be seriously free to spam a 6 star dupe account
It is convenient for BV to use the term "B2B" , thats y they are leveraging this way. I understand many will have a word to say about it, but they gotten their license, so yeah government said okay, be it they paid some1 for that or whatever the reason, I dunno, Richard does not share this with me.

5 years give you x4 return, where can you find such a deal ? Intro me other deals please, sharing is caring.

The rules say no MLM posting, but I believe it is directed towards topics which promotes MLM and recruitment.
I Believe this thread was created to check on is BV a scam or not, thats why the mods have not taken it down yet. If you notice, there has not been any recruitment posting in this thread

Also, there are plenty of other MLM threads here such, go slowly browse

Well bro, you may do the report
At the same time, there include the other topics being discuss within Finance, Business and Investment House also.
Im sure the MODS will require time doing clearing

Lets keep this thread clean and rather then bad mouthing each other alright ?

Kudos to those who pmed for signed up before July as the price increase ~

@Chrommed - Coach and MK bags just went up for sale during noon. You might want to check it out But most likely all sold out by now.

BV's new plan will work better in terms of covering overpayment.
But the payout is now max 4x the innitial amount, which is way less then what we could get previously.
Hence there are pros and cons to it. But Id see long term sustainability if Richard and Billy does not do anything funny.