Solis Review: Precious stone trading = 31% monthly ROI?

Solis name Richard Eddison as CEO of the company and even provide a photo.

Beyond that however no specifics on Eddison or the company are provided.

The Solis “about” page is a bunch of vague marketing statements;

Our experts work in many countries: USA, South Africa, Belgium, Australia, India, etc. For decades, we have accumulated the production, purchase and sales channels.

We have the best gemologists and cutters that from untreated sapphires, rubies, emeralds, diamonds are creating something worthy of the crown and scepter of the rulers.

Our jewelry stones are worthy competitors to the stones from the exchanges Ramat Gan, Tel Aviv, London, Antwerp, Hong Kong, Toronto, Bombay.

Solis provide no evidence to back up any of their claims. Nor are the claims verifiable through a third-party source.

Considering how large and established the previous stone industry is, this is highly suspicious.

The Solis website domain (“solis.land”) was privately registered on April 18th, 2017.

Of note is the Solis affiliate rank “Rubin”, which is German for “Ruby”. The Emerald rank is represented by “Emarald”, which I believe is just a typo.

Other typos on the Solis website strongly suggest the admin isn’t a native English speaker;

WHAT ARE THE MINIMAL AND MAXIMAL SUMS THAT I CAN ORDER FOR WITHDRAWAL?

I’m going to go out on a limb here and suggest that Richard Eddison, as represented on the Solis website, likely doesn’t exist.

Whoever is actually running Solis is likely German and based out of Europe.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Solis Products

Solis has no retailable products or services, with affiliates only able to market Solis affiliate membership itself.

The Solis Compensation Plan

Solis affiliates invest funds on the promise of an advertised “monthly income” ROI:

  • invest $1 and receive a monthly 17% ROI (able to invest up to $25)
  • invest $5 and receive a monthly 18% ROI (able to invest up to $50)
  • invest $10 and receive a monthly 19% ROI (able to invest up to $100)
  • invest $25 and receive a monthly 20% ROI (able to invest up to $250)
  • invest $50 and receive a monthly 21% ROI (able to invest up to $500)
  • invest $100 and receive a monthly 22% ROI (able to invest up to $1000)
  • invest $250 and receive a monthly 23% ROI (able to invest up to $2500)
  • invest $500 and receive a monthly 24% ROI (able to invest up to $5000)
  • invest $1000 and receive a monthly 25% ROI (able to invest up to $10,000)
  • invest $2500 and receive a monthly 26% ROI (able to invest up to $25,000)
  • invest $5000 and receive a monthly 27% ROI (able to invest up to $50,000)
  • invest $10,000 and receive a monthly 28% ROI (able to invest up to $100,000)
  • invest $25,000 and receive a monthly 29% ROI (able to invest up to $100,000)
  • invest $50,000 and receive a monthly 30% ROI (able to invest up to $100,000)
  • invest $100,000 and receive a monthly 31% ROI (able to invest once)

Residual Commissions

Solis pay residual commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Solis cap payable unilevel levels at fourteen, with residual commissions paid as a percentage of funds invested across these fourteen levels.

How many levels a Solis affiliate earns residual commissions on is determined by rank:

  • regular affiliates earn 8% on level 1 (personally recruited affiliates)
  • Sapphire affiliates earn 8% on level 1 and 1% on levels 2 to 4
  • Ruby affiliates earn 8% on level 1, 1% on levels 2 to 4, 2% on level 5 and 2.5% on level 6
  • Emerald affiliates earn 8% on level 1, 1% on levels 2 to 4, 2% on level 5, 2.5% on level 6, 3% on level 7 and 3.5% on level 8
  • Diamond affiliates earn 8% on level 1, 1% on levels 2 to 4, 2% on level 5, 2.5% on level 6, 3% on level 7, 3.5% on level 8, 3% on level 9 and 2.5% on level 10
  • Blue Diamond affiliates earn 8% on level 1, 1% on levels 2 to 4, 2% on level 5, 2.5% on level 6, 3% on level 7, 3.5% on level 8, 3% on level 9, 2.5% on level 10, 2% on level 11 and 1.5% on level 12
  • Black Diamond affiliates earn 8% on level 1, 1% on levels 2 to 4, 2% on level 5, 2.5% on level 6, 3% on level 7, 3.5% on level 8, 3% on level 9, 2.5% on level 10, 2% on level 11, 1.5% on level 12 and 2% on level 13
  • Red Diamond affiliates earn 8% on level 1, 1% on levels 2 to 4, 2% on level 5, 2.5% on level 6, 3% on level 7, 3.5% on level 8, 3% on level 9, 2.5% on level 10, 2% on level 11, 1.5% on level 12, 2% on level 13 and 1.5% on level 14

Solis affiliate rank qualification criteria is as follows:

  • Sapphire – generate $5500 in downline investment volume and recruit at least two investing affiliates
  • Ruby – generate $50,000 in downline investment volume and recruit at least three Sapphire or higher ranked affiliates
  • Emerald – generate $100,000 in downline investment volume and recruit at least three Ruby or higher ranked affiliates
  • Diamond – generate $250,000 in downline investment volume and recruit at least three Emerald or higher ranked affiliates
  • Blue Diamond – generate $750,000 in downline investment volume and recruit at least five Diamond or higher ranked affiliates
  • Black Diamond – generate $1,500,000 in downline investment volume and recruit at least five Blue Diamond or higher ranked affiliates
  • Red Diamond – generate $7,500,000 in downline investment volume and recruit at least five Black Diamond or higher ranked affiliates

Rank Achievement Bonus

Solis pay affiliates who qualify at Sapphire and higher ranks a one-time Rank Achievement Bonus as follows:

  • Sapphire – $500
  • Ruby – $5000
  • Emerald – $10,000
  • Diamond – $25,000
  • Blue Diamond – $75,000
  • Black Diamond – $150,000
  • Red Diamond – $750,000

Joining Solis

Solis affiliate membership is free, however affiliates must invest at least $1 to participate in the attached income opportunity.

Conclusion

The ruse behind Solis’ monthly ROI payments is the purported trading of precious stones.

This makes no sense.

If the anonymous admin(s) running Solis were able to generate a consistent 31% monthly ROI through precious stone trading, why would they need to solicit investment from randoms over the internet?

Even if we assume Solis are legitimately generating a monthly ROI, there can’t be much overhead on a 31% monthly ROI payout. So why bother?

As it stands the only verifiable source of revenue entering Solis is affiliate investment. Using newly invested funds to pay off existing investors makes Solis a Ponzi scheme.

Residual commissions are tied to recruitment, adding an additional pyramid layer to the scheme.

Doubters are encouraged to verify any of Solis’ claims themselves.

Note however that nothing less than audited accounting correlating monthly affiliate ROI payments with trading would prove Solis wasn’t committing Ponzi fraud.

As with all Ponzi schemes, once new affiliate investment dries up Solis will find itself unable to meet its ROI obligations.

This will prompt a collapse, resulting in the majority of Solis affiliates losing  money.

Limits at each investment level are designed to encourage affiliates to invest most of their returns, resulting in most of the money “paid out” still trapped in the system at any given time.

This is intentional, providing the Solis admin(s) a maximum return when they inevitably decide to cut and run with everyone’s money.

Let’s block ads! (Why?)

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