Anyone heard of CORE-8 Networking Business?

@ellago (127)
Philippines
June 20, 2010 10:56pm CST
I am teaching my sister in making money of her own, I promised her to give a capital as long as she can present a good business plan. She just texted me last week and is being very eager to invest approximately 9000php in this all Filipino MLM company. I am a little hesitant of giving her the money because I am thinking that it can be a SCAM. I haven't find any review of the company. It just started last year. Are you familiar with this company?
1 person likes this
4 responses
12 Jul 11
yes this is a scam. look at what products they have. they dont have a lot to offer. you wont be able to bring back your P9000 investment just for the FIVE products they are selling, unlike the market america, they have tons of products that are proven & are easy to sell. just a word of advise, you will never become a millionaire in this multi-level marketing, only the founder will. OMG i cant imagine how they screwed up so many people to join them, at this time of crisis people are desperately in need of money & these MLM people has joined their forces to hook & do everything even show you their unrealistic business plan which offers unbelievable income that in fact will put you in debts.once you're in, you have to work as hard as all the people in the world can so as to get your downlines, in short, you have to work for your own, those on top of yours even the one who recruited you will no longer there to help you because he/she already have you under him/her. this is a gimme your money business.
• Philippines
21 Jun 10
MLM no way, I'll never venture into this kind of business. I'd seen a lot of this always on survival mode 2, 3 or 4 years. Those on top of the pyramid will eventually leave and then open a new MLM company and cycle goes on. It relies more on recruitment than selling.
@xtedaxcvg (3189)
• Philippines
21 Jun 10
Even though I'm not familiar with the company I'd like to warn you about this. The fact that this is a networking company already indicates that you should stay away from this. My advice is you have your sister invest the money into something else.
• Philippines
21 Jun 10
Hello ellago, I remember when it was just after graduation and i attended my Multi-Level-Marketing Seminar. of course, i had no idea what's going on, because it's all about inspiring us and how they were able to turn things around but they really didn't explained how. after that i started asking questions but some answers are not enough. i did another stupid thing, i ask my brother and my friend money but theyrefused, i guess they knew it was a bad idea, and they were right, that company flunk after two years i have search it online