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Is ADSZENS PTC a big scam? Is it worth to invest? [Review]
Then you must read this.|
Before you invest your hard-earned money into the ADSZENSPTC program, you must carefully check whether it's legit or a scam.
Like any other investments, you must know carefully the investment product and company behind.
Let me help you lay down some background information about this program. I'm not attacking the ADSZENS PTC here. Just a lesson to be learned here.
Let's make a clearer picture of this investment product.
And I just want to help you as an investor to avoid scam and if it's really worth to invest in this PTC program.
So what is ADSZENS PTC?
ADSZENS PTC is a paid-to-click (PTC) advertising program wherein you can earn money every advertisement you click or viewed. The company behind this program is the ADS ZENS BROKER CORPORATION which is based in the Philippines.
ADSZENS PTC is one of their investment products offered.
Is the company registered in the Securities and Exchange Commission (SEC) of the Philippines?
Yes. You can try searching it yourself in the online search facility of SEC at http://www.sec.gov.ph/onlinetransactions/search.html. I capture a snapshot of the search result below:
So, we can say the company is legal. But a company having a "Certificate of Incorporation" from the SEC doesn't mean that the said company have a permission to sell a certain "investment product".
Who is the President of the Company?
Romela B. Nakamura is the President and CEO of the company.
Who are the other officers of the Company?
Joebert D. Gayo is the Vice-President and Chief Operations Officer. While Edna T. Artango is the VP-Administration, Corporate Secretary and Marketing Director.
Their Main Office?
It's located at the 4/F of Save More Pasay, Rotonda, Pasay City, Philippines.
ADSZENS PTC Website
Their website for the ADSZENS PTC is www.adszensptc.com. Its content management system utilizes the NextGen PTC Script of Buxhost.
Joebert D. Gayo is the one who registered the website on May 16, 2012.
Therefore, it's a new website. They have another website, the company website which is http://www.adszens.com.
Who is Joebert?
Mr. Joebert D. Gayo (source: https://www.facebook.com/groups/adszens.broker.corporation/photos/)
He is a Filipino who studied Systems Developers in Metro Data Computer College.
A pioneering ADSZENS member, Noel Soriano said in his video update (http://www.youtube.com/watch?v=c8vqqrCx9MA) that Mr. Joebert Gayo has BILLIONS of money that he want to share it with many people through ADSZENS. This is what Soriano said in the video:
Do you believe what Noel Soriano said that Joebert Gayo has billions? Do you think Joebert Gayo is a billionaire?
ADSZENS PTC Tie-up with Google?
One of the pioneering ADSZENS Members, Troy Allan Magpantay posted this in his facebook page:
Here's the full text of the message:
Do you believe that the internet giant Google would partner with a start-up ADSZENS company with no proven successful financial track record, no fix Terms of Service (TOS) and no real advertisers?
This is a BIG LIE.
They also claim they have tie-up with other companies.
This is another BIG LIE.
Your Income as ADSZENS PTC Member?
ADSZENS PTC will pay you $0.20 per ad-click. (source: www.adszensptc.com)
This is twenty times (20x) higher than the popular and established PTC programs like Neobux and Clixsense.
How much do Neobux and Clixsense pay their members? They pay a standard rate of $0.01 per-ad-click. (sources: http://www.neobux.com/ and http://www.clixsense.com/)
So, ADSZENS PTC's ad-click rate is too-good-to-be-true and unreasonable.
Advertisers of ADSZENS PTC?
Their listed advertisers include:
Do these companies really advertise in ADSZENS PTC? My answer is: big NO. Why?
Because ADSZENS PTC set their advertising rate too high.
How much is the advertising rate of ADSZENS PTC?
1 click costs $0.20. Is this expensive?
Yes. As a PTC program, it's too expensive, overprice and unreasonable compared with other popular and established PTC sites (Neobux and Clixsense).
How much do Neobux and Clixsense charge their advertisers?
For standard advertisement exposure (30 seconds), Neobux charges $0.02 per ad click while Clixsense charges $0.019. (sources: http://www.neobux.com/ and http://www.clixsense.com/)
Would a company dare to invest in ADSZENS PTC advertising rate worth $0.20 per ad click or $100 for 1000 clicks? I think, NO. As a PTC program, those ad clicks or ad views are very low in quality in terms of sales conversion. Why?
Most of the time, the clickers (who are the members) are not interested to what the company advertises but only to the income from the ad clicks.
Advertisement's return of investment (ROI) would be negative.
Another point is why would a company advertise in a PTC program which is new and charges higher rate if it can advertise in another PTC program which is popular/established and charges lower rate?
And take note: The ADSZENS PTC didn't even provide the Terms of Service (TOS) for the advertisers. They didn't even stated in their website the Requirements for advertisers. In Neobux and Clixsense, they have. Do you think that those listed advertisers in ADSZENS PTC are real?
One of ADSZENS' listed advertisers, Happyplus claimed that they have not placed or paid those ad in ADSZENS. Kylie Masagca, a customer service representative of Happyplus, admitted this on an email response from kyle (one of the commenters here in TopBusinessFinance.com):
(Big thanks to you kyle for providing this info.)
What will happen if there are no advertisers in ADSZENS PTC?
As a PTC program, ADSZENS PTC cannot survive or sustain its operations. It cannot pay its members or ad-clickers.
How could you imagine an advertising business without advertisers? Just think about this little Income Statement of ADSZENS company which engages in advertising business:
You might ask, "Why does ADSZENS PTC continue its operations and still pay its members/ad-clickers?"
It's mainly because of the membership fees (recruitment fees) and account upgrade fees. When the time comes that no one registers to the ADSZENS company, the pyramid structure of the members/ad-clickers will eventually collapse.
And those large portion of members at the bottom will end up penniless, wasting their time and money. The members' credibility, respect and reputation will be greatly damaged.
In some cases, many of those members will eventually file complaints to government authorities due to the endless problems of the said MLM company. Some would lead to "mlm people power".
Payout of ADSZENS PTC?
Payout is confusing. Payza is their payment option when you reach the minimum amount of payout.
Are you familiar with Payza? hmmmm... Payza is not familiar to most of you.
ADSZENS PTC doesn't allow Paypal to be added as payment processor.
Paypal is the most common method of payout processor of other PTC programs. Most online entrepreneurs are using Paypal.
ADSZENS PTC can allow Paypal as one of the Payment/Payout processors if they choose to. The ADSZENS company uses the NEXTGEN PTC script.
And you can see below (snapshot), Paypal could be added as a Payout Processor with this kind of script.
What else confuses you in their payout system?
In the FAQ of their website (adszensptc.com), they said that you can withdraw your earnings in your bank account. But how?
They don't even provide step-by-step instructions on how to withdraw the earnings.
Membership or accounts have three (3) types (as of July 19, 2012). Take note of each limitations:
When you register, you will fall under the Standard Silver membership. This is the start-up membership.
You can upgrade your account to Executive Diamond by paying $35 per month.
The Income or Earnings Potential of ADSZENS PTC
It promises a huge earning potential. Like I've said above, you can earn "$0.20 per ad click". See photo snapshot below:
However, the rate per ad click they stated in their FAQ section of their website is different. It's PhP10 (Philippine pesos) or $0.233. [ $1 = PhP43 ]
Did you see the difference between $0.20 and $0.23?
They offer inaccurate and confusing per-ad-click rate.
Let's go ahead to the payout.
Minimum payout is $60 for Premium Gold account and any amount for Executive Diamond. If you are in Premium Gold account, your earnings will be forfeited if you will not reach that amount in 30 days (1 month), . Back to zero balance and no income is earned.
So you need to reach $60 income for a month in order to withdraw your earnings.
How can you reach the $60 minimum payout?
You cannot reach that amount if you're just a Standard Silver Member or a Premium Gold Member. These membership types allow you only 1 ad to click per day. Take note 1 ad click can earn $0.20.
So, in 30 days, you can only earn $6 for those accounts. [ $0.20 x 30 days = $6 ]
Therefore, you are forced to upgrade your account to Executive Diamond by paying $35 per month. This type of account allows you to click a maximum of 10 ads per day.
So, with this type of account, you can earn $2 in one day. [ $0.20 x 10 ads = $2 ]
How much can you earn in one month with this acccount? $60. [ $2 x 30 days = $60 ]
Given $60 gross earnings in 1 month and $35 expenses for monthly subscription of Executive Diamond. How much is your net earnings/income?
You have a net income of $25 per month for one account of Executive Diamond.
To make the program more profitable, ADSZENS PTC allows you to create multiple accounts. As much as you want.
So if you create 10 accounts (all Executive Diamond), you can earn $250 per month. [ $25 x 10 accounts = $250 ]
How about creating 20 accounts? You can earn $500 per month. [ $25 x 20 accounts = $500 ]
"What if I create 40 accounts?" You can earn $1,000 per month. [ $25 x 40 accounts = $1,000 ]
For larger number of accounts? Here's the income potential:
$25 x 100 accounts = $2,500
$25 x 200 accounts = $5,000
$25 x 300 accounts = $7,000
$25 x 400 accounts = $10,000
Can you easily manage those huge number of accounts?
I'll answer that question. It's a big NO. Why?
Go ahead and read below.
Managing Multiple Accounts
If you are only a one-man operation or one individual doing the clicking, you will be limited by your time.
For 100 accounts, you need around 5.57 hours per day in clicking all the ads. How did I come up with 5.57 hours? Let's do the math:
In 1 account, you can spend 200 seconds in clicking all the 10 ads per day. 200 seconds is equivalent to 3.333333333 minutes.
So, in 100 accounts, you can spend 333.333333333 minutes. [ 3.333333333 minutes x 100 accounts = 333.333333333 minutes ]
333.333333333 minutes is equal to 5.570766197 hours. So you need around 5.57 hours per day to view and click the ads for 100 accounts. No only that.
You also have to spend additional amount of time for:
Given that you own many accounts? Can you earn those amount of money I presented to you above?
My answer is NO. Why? Continue reading below.
Their Term of Service (TOS) Limits your Income Potential
What is one of the Terms of Service that limits your Income Potential? According to their website Terms of Service,
In other words, you are not allowed using more than one account if you have one computer with one IP address. Let me explain further.
If you have a computer and an internet connection in your home, you are given only one IP address by your Internet Service Provider (ISP: like PLDT, Smart, Sun Cellular, Globe).
But if you applied for many internet connections (which is not common). One internet connection from PLDT. One from SMART. One from SUN CELLULAR. And one from GLOBE.
Altogether in your home, then, you have a total of 4 IP addresses. Then, you can access your 4 account of ADSZENS PTC. But you don't do that, right?
I'm 99% sure that you are only using one internet connection. That makes you using only 1 IP address.
You are limited to one IP address only. And you are limited to use one account only.
So, if you own all those 100 accounts or even if you own just 3 accounts, you cannot access all your accounts and click all the ads.
What if you break this one Term of Service? The admin of their website will block, banned or delete your account. Just like what happened to other members. You can read their experience below.
Inconsistent Policy (Pabagu-bago ng Policies)
As of June 27, 2012, this was one of their policies:
When you avail 1 Binary/PTC Entry Package worth PhP1,500, you will receive no products.
Take note: I wrote this article on July 19, 2012. After I wrote this article, they changed their policy.
What happened then?
As of July 27, 2012, when you avail 1 Binary/PTC Entry Package worth PhP1,500, you can now receive products.
The Issue of Using Multiple Accounts with One (1 IP Address) in Clicking All of Its Ads
ADSZENS PTC admitted that it allows you to use multiple accounts (with 1 IP address) in clicking all of its ads. This is a big issue. Why?
Popular PTC programs like Neobux and Clixsense don't allow this kind of action. It's in their Terms of Service that you are not allowed to create many accounts with the same IP address.
You will be grounded for termination and fraud if you do that in Neobux and Clixsense.
Using multiple accounts with the same IP address can harm the advertiser.
Using multiple accounts with the same IP address doesn't protect the welfare of the advertiser.
If I'm the advertiser, it's a waste of huge money paying one ad-clicker who clicks my ad 1000 times. [$0.20 x 1000 = $200]. I can pay as much as $200 to one ad-clicker who clicks my ad 1000 times. $200 is equivalent to PhP8,500.
This could be the nonsense, tragic, disastrous advertising program.
That's why, it's no surprising that there are no real advertisers who pay ADSZENS PTC.
Is it worth to invest with the huge income potential?
Given the "$0.20 rate of per click", it's too good to be true. Popular PTC programs like Neobux and Clixsense only offer a standard rate of $0.01".
The difference is very huge.
And most of all you are limited to access one account only per IP address. So income is limited.
You may heard professional investors and financial gurus said,
The ADSZENS Broker Corporation uses the pyramiding or "Ponzi" scheme because there are no real advertisers who pay the company. Investors or members are primarily earning an income from member registration and account upgrade fees.
Pyramid scheme is against the Philippine law. It violates the Article 53 of The Consumer Act of the Philippines:
They have a Forum section but is empty. And the worst is, you have to pay $1 in order to send a support ticket to them. It means you have to pay them in order to help you. Look at my snapshot below how I send a support ticket to them:
What if you're just a newbie and wanted to know more about the program? You cannot expect a better customer support from them.
If you talk to their members, they didn't even know who's the real owner of the company?
What others are saying about ADSZENS PTC?
bulldog, a member of thebotnet.com forum, said,
On the same forum, sotera18 said,
A Typical PTC Progam
Most PTC investment programs have something in common. Most of them are ponzi schemes (pyramiding). Money from new investors will be used to pay old or pioneering investors. When the flow of new investors stop, the program collapses.
On average, life cycle of scam PTC sites will survive from one week to three months. But some survive for a year depending on the number of fools.
Scam PTC sites target people's hope of easy gain, easy money, easy income.
Remember that money doesn't grow in trees.
We want to know your opinion. Is ADSZENS PTC a scam? Is it really worth to invest in this program?
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