BeeKonnected fails to supply possession or govt info on its web site. A minimum of in a roundabout way.
Advertising and marketing movies on BeekKonnected’s web site reveal the corporate was cofounded by Tonya Hofmann and Johnny “JR” Learn.
I wasn’t in a position to put collectively an MLM historical past on Hofmann. Her LinkedIn profile nevertheless suggests she has a background in advertising and marketing.
Johnny Learn’s LinkedIn profile ties him to BTG180.
BTG180 was Robert Craddock’s try and reboot the Zeek Rewards Ponzi scheme. Whether or not Learn was additionally a Zeek Rewards investor is unclear.
There are another corporations listed on Learn’s LinkedIn however these are all long-gone. Learn purportedly signed on as COO of BeeKonnected in February 2020.
Each Hofmann’s and Learn’s LinkedIn profiles place them within the US state of Texas.
It follows that BeeKonnected can be primarily based out of Texas.
That stated BeeKonnected’s web site phrases and circumstances cites BK Worldwide Inc., which so far as I can inform is a Nevada shell firm.
Learn on for a full assessment of BeeKonnected’s MLM alternative.
BeeKonnected’s Merchandise
BeeKonnected provides a advertising and marketing suite it claims is “the last word social enterprise platform”.
On the middle of it is a net convention platform, with an emphasis on monetization.
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BeeKonnected provides a seamless and clear strategy to show a “Name-To-Motion” (CTA) for provides throughout dwell displays in some ways with out the “clunky” conventional methodology of posting a hyperlink within the chat like Zoom.
BeeKonnected’s advertising and marketing primarily focuses on differentiating itself from Zoom:
BeeKonnected’s advertising and marketing platform is offered at three price-points:
BeeFree has no value and gives entry to:
- 90 minute video conferences
- multi-site streaming (simultaneous streaming throughout a number of platforms)
- put up and chat performance
- lead technology “utilizing A.I. expertise”
- “be a part of teams and exhibits”
Professional Membership is $19.95 a month and provides:
- elimination of video assembly size restriction
- skill to model conferences
- non-public/public teams
- info despatched to group individuals
- “natural leads”
- lead technology with “talking alternatives
Platinum Membership is $49.95 a month and provides:
- “webinars designed to promote extra”
- name to motion performance
- dwell broadcasting with over 1000 attendees
- replay performance
- 100 GB recording storage
- “monetize your following”
- entry to BeeKonnected’s MLM alternative
BeeKonnected’s Compensation Plan
BeeKonnected associates earn commissions on gross sales to retail clients and recruitment.
BeeKonnected pays retail and recruitment commissions down two ranges of recruitment (unilevel).
Retail Commissions (Professional Membership):
- $2 a month on degree 1 (personally referred retail clients)
- $2 a month on degree 2
Recruitment Commissions (Platinum Membership):
VIP Bonus Pool
BeeKonnected takes 10% of company-wide income and locations it right into a VIP Bonus Pool.
Associates can buy shares within the pool for $1000 every.
If a BeeKonnected affiliate recruits an affiliate who invests, they obtain $100 per $1000 invested.
Becoming a member of BeeKonnected
BeeKonnected affiliate membership prices $49.95 a month.
If a BeeKonnected affiliate recruits and maintains three associates (Platinum Membership), that is lowered to $24.95 a month.
If a BeeKonnected affiliate invests $1000 or extra, Platinum Membership charges are waived for all times:
The BeeKonnected Crowdfunding Unit-License Holder may even obtain a lifetime Platinum Degree membership or be upgraded to lifetime and by no means must pay for a BeeKonnected membership price.
BeeKonnected Conclusion
As a Zoom competitor that claims to supply extra, the litmus take a look at for BeeKonnected is the way it emerged from the COVID-19 pandemic.
I don’t know if it was launched as a COVID-19 enterprise however BeeKonnected launched in early 2020, as COVID-19 was taking off all over the world.
Over the subsequent few years on-line communication corporations like Zoom noticed explosive progress on account of international lockdowns and “earn a living from home”.
BeeKonnected markets itself as a greater various to Zoom. But as of July 2023, BeeKonnected solely has a number of thousand month-to-month visits to its web site.
If BeeKonnected didn’t take off throughout probably the most heavy use of on-line communication in historical past, it’s in all probability not going to occur.
I believe BeeKonnected failing to take off is both because of the supplied providers being subpar in comparison with Zoom, and/or a pricing situation.
Regardless, over three years in BeeKonnect has confirmed itself to be a tough promote. In different phrases, BeeKonnect isn’t retail viable.
With that established, what we’re left with is BeeKonnect Platinum Members recruiting Platinum Members.
With BeeKonnected Platinum Members equating to associates, it is a defacto pyramid scheme.
Hooked up to this we’ve the VIP Bonus Pool, full particulars of that are supplied under:
BeeKonnected is providing $1000 shares on the promise of a passive return.
That is an settlement between BeeKonnected, a subsidiary of BK Worldwide Inc. and Signee, who’s known as the BeeKonnected Crowdfunding Unit-License Holder.
10% of All Web Earnings from all New and Residual Earnings that’s taken in from Membership Gross sales throughout that quarter shall be paid out and divided equally to the Unit-License holders of this Bonus Pool per % models owned.
All Funds for the Bonus Pool shall be paid quarterly on the fifth of the month for the quarter’s actions.
This bonus pool is for the lifetime of the corporate and receives the identical Unit-License on this Bonus Pool in case BeeKonnected is Bought or goes via an IPO.
This can be a securities providing and, with BeeKonnected being a US MLM firm, must be registered with the Texas State Securities Board and SEC.
BeeKonnected gives no indication it has registered its securities providing with the TSSB.
A search of the SEC’s Edgar database reveals neither BeeKonnected or Tonya Hoffman are registered.
Which means that, on high of operating a defacto pyramid scheme, BeKonnected is committing securties fraud.
In abstract, BeeKonnected’s MLM alternative consists of a failed on-line communication platform, a suspected pyramid scheme and verifiable securities fraud.
Keep away from.
