http://www.digitaljournal.com/article/310227

Op-Ed: Prelaunch Australia – don’t believe the hype

Posted Aug 11, 2011 by Alexander Baron
A new marketing company based in Australia is set to take the world by storm; that’s what the lady in the advert said, but unless you have money to burn, don’t believe the hype.
Bernard Madoff photographed at his New York office
Financier Bernard L. Madoff is an incarcerated American felon, former stock broker and the admitted operator of the largest Ponzi scheme in history.
File photo
We are now in global prelaunch. The most amazing product ever to be launched. We have created headlines all over the world. The largest global pre-launch in history. Etc, etc.
The problem with that advertising spiel is that it can be both true and damning. Ted Bundy made headlines all over the world, but serial murder is not to be recommended. There is also the old adage that if it sounds too good to be true, it probably is.
Countless people have made fortunes out of the Internet, that much is true. Though most of us won’t, it benefits our lives enormously; it can save us money, in fact it does save us money whether we use it or not, because it has driven down the costs of many products and services, and some of these savings are passed on to us as consumers. Ten or fifteen years ago, when ordinary people first started going on-line en masse including setting up their own websites, a large number of money making schemes appeared. Some of them were outright scams; many weren’t but either became scams or the people running them realised too late that they were not viable. Some people were running Ponzi schemes without realising it, and ended up losing money, or more often their subscribers did.
For a while, autosurfing was a big thing; many people had their fingers burned losing e-gold, hard dollars or whatever they shelled out for their initial “investments”. Is this more of the same? Probably not, but for those who don’t get in early and get out before the bubble bursts, it will all end in tears.
Prelaunch Australia has a website prelaunchaustralia.net which launches a video when you land on the HomePage, but one gent in the US has posted two critical videos to YouTube that should give anyone who wants to make money on-line cause for concern. He and another researcher have between them turned up a connection with another, similar site, prelauchmalaysia. According to Troy Dooly, not only is the company not actually based in Australia, but there appears to be no income generated outside of the stream, something that is fatal to actually making money.
On top of that, apart from all the hype, this is an MLM company; multi-level marketing or network marketing, and, in spite of all the hype, it hasn’t yet disclosed what is its product.
Does that mean you should not invest? Certainly not, if you have $20, $50, or $100 to burn – or whatever the company is asking - go ahead. If you are asked to make a standing order, don’t. With a company of this nature, don’t give out any bank or card details; send a one-off payment, and assume you won’t get anything in return. That way you will not be disappointed, but if you have $100 to spare, you would be better off signing up with RakeTheRake or some other affiliate, and getting paid to play on-line poker, because at the end of the day, you are gambling and may well lose it all. The big difference with on-line poker is that it can be fun to play, and unlike with most on-line MLM schemes, you might just get lucky.