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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Stamford, Connecticut 06902, United Statesīy check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. (Translation of registrant's name into English) The Securities Exchange Act of 1934 For the month of April 2004 If the visitors have already seen the CF101 sales page and weren't interested, then no point in promoting it to them again, unless you have different products to promote in hand.QuickLinks - Click here to rapidly navigate through this document The Cash Flow 101 owner would have acquired from somewhere and it's very likely that he tried them already. The arrangement itself may sound like it's offering great bonuses, but you never know how responsive these visitors are.
Remplir cashflow 101 plus#
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The whole idea of a "one-up" payment plan adopted by some multi-level affiliate marketing schemes is peculiar. The owner doesn't disclose what the administration is involved in, but the fee is simply incremented by $100 probably means there's no reason and it seems unfair. One thing that really doesn't make sense is the fact that the higher the level of pledge you choose, the admin fee increases correspondently. Whereas Cash Flow 101 really sells nothing retailable, therefore it's an illegal Ponzi scheme. I'm afraid his logic misses the point - golf clubs and certain supermarkets such as Costco already offer services/products and the membership is a privilege of the users. The owner claims that if selling no product or service is illegal, every annual membership should be illegal because a membership itself is not a product nor service. In one of the videos on the sales page, the owner says that Cash Flow 101 operates within the law, giving an example of "annual membership" for a golf club and Costco. So this is clear tax evasion and it's illegal. Just like an employer cannot randomly pay the employees in the name of a gift - there must be a special reason and there's a threshold - taxable allowance, otherwise. Under the US tax law as of 2020, cash gift or goods gift of value up to $15,000 per financial year is exempt so you don't have to declare in your annual tax return form.īut of course, that kind of excuse doesn't work - it's NOT a gift, you're paying someone you don't know the exact required amount as per the Cash Flow 101 scheme's rule. Cash Flow 101 encourages the members to fill out a relevant form to confirm the money you pay is a gift. As you can see, the pledge payment is passed on from a new referral to a referrer directly.