Regenesis 2x2 Do NOT get caught up in this "Money Graber!" Internet
Regenesis 2x2 is a classic scheme that prays on people's weaknesses! Unfortunately I was one of them that got caught up in the frenzy of earning some quick and easy money.
I have been with the program going on 4 months and have yet to cycle and make any money. Considering they promote a monthly "passive" cycle with a $1,200 earning potential, 4 months is far from quick.
It's interesting that in an effort to sustain any business longevity, their attorneys have advised them to tweak their terms and conditions to state the there are no guarantees you will receive recruits with the ARS (Automatic Recruiting System) and make money. That would indicate that their terms previously were loosly stated and quite misleading.
I suppose you could cycle as they promote you can if you actively recruit others, but that would make it even more of a money game. Their other product of 300 free leads for your $325 commission center purchase is hardly a product as well. An internet oriented business having leads with no email address...go figure???
There are soooo many things wrong with this picture. I had lost my job, my mortgage was in compromise, and my babies need to be fed - desperate times called for desperate measures and I was influenced by the alure of making money qucikly passively.
Perhaps in the beginning you could have, but eventually so many other people took this hook, line and sinker as to where the ARS was overwhelmed and they couldn't deliver on their word.
I suspect this scheme won't be around much longer for many obvious reasons......Hopefully long enough for me to recover my loss.
My attorney is all over this ........Checkmate!
Kevin
Dayton, Ohio
U.S.A.
3 Updates & Rebuttals
Ester
Escondido,California,
U.S.A.
I too was riped off by ReGenesis 2x2!
#4Consumer Comment
Fri, July 10, 2009
I too have been ripped off by ReGenesis 2x2. When I joined they advertised that you could earn a passive income and would place 2 people under you, then 2 people under each of them causing you to cycle and earn a $400 check.
On the April 14th conference call we were told that if you were passive, it would take 3 to 5 weeks to get your 1st $400 check, then 2 more week to start receiving matching bonus checks. Members were asked to have patience as the company underestimated the growth curve and could not keep up with the demand.
Then on the June 13th call we were told that the company was making enchancements to the Automatic Recruiting System. They weren't enhancements... they were changes! Instead of placing 2 members in our matrix and 2 under each of those members, they now will code 20 leads with each new members name and their in-house telemarketers will work those leads until they sign-up or say they aren't interested.
Yes, members might get their 2 people, but we might not get anything! That's a gamble I didn't agree to when I sent ReGenesis my money! With no tracking system in place, how do the members know when the leads have been coded to them and what the statis of their leads are?
The address that ReGenesis uses is just a mailbox in a UPS store. I have asked multiple times what the Founder/CEO/President's name is, but no one will respond. I have requested a refund being that ReGenesis changed the terms of our agreement, but their reply was to say they don't give refunds.
I am in the process of seeing what recourse I can take, any suggestions would be greatly appreciated. Maybe we can all help each other!
Ester
Kdl
Des Moines,Iowa,
U.S.A.
Thanks Marie
#4Author of original report
Sun, June 28, 2009
I am in legal advice and am exploring the possibilities of something as such
Marie
San Antonio,Texas,
U.S.A.
Regenesis
#4Consumer Comment
Thu, June 25, 2009
I too got taken in by this Regenesis scam...A red flag should have gone up for me when they actually said 2 Attorney Generals gave their seal of approval that Regenesis was legit. No Attorney General gives any seal of approval for an online Matrix program or any online program at that. Interesting, they now took that ad down, wonder why....I would be willing to go in on a class action suite if anyone has filed. Let me know here and i can give you my email address.