Hbmcor.com Review – HBM Corporation, How it works, Login, ROI, ICO
HBM Corporation has no information on their website about who owns or runs it. The videos on the HBM Corporation website depict the opening of a company office in Kiev, Ukraine. The domain Hbmcor.com was privately registered on the 30th day of September, 2017.
The noticeable thing is that none of the individuals featured in the video are named on the HBM Corporation website. HBM Corporation also provided an incorporation certificate for Higher Business Management LTD.
Higher Business Management LTD was incorporated in the UK on October 3rd, 2017 and Michael McKinney is listed as the sole Director.
However, there is no information bringing McKinney together with HBM Corporation outside of the incorporation.
HBM Corporation has no retail-able products or services making affiliates only able to market HBM Corporation affiliate membership itself.
HBM Corporation affiliates invest funds on the promise of an advertised ROI:
- HBM for All – invest $100 to $100,000 and receive a 150% to 250% ROI over 365 days
- Crypto HBM – invest $100 to $1000 and receive a 6% weekly ROI for 24 weeks
- VIP HBM – invest $15,000 to $55,000 and receive a 6% weekly ROI for 24 weeks and then 4% per week for another 24 weeks
HBM Corporation pay referral commissions via a unilevel compensation structure and a unilevel compensation structure places an affiliate at the top of a unilevel team with personally recruited affiliates placed under him or her.
HBM Corporation affiliate membership costs a minimum of $100 investment.
HBM Corporation claims to generate external ROI revenue through a network of pawn shops and financial services but there is no evidence of such.
Also by HBM Corporation’s own accounting record, the company already has external revenue sources capable of generating an advertised annual ROIs of almost 300% popping the question of why HBM Corporation’s owners will be soliciting investment from people.
The fact is that the only verifiable source of income entering HBM corporation is funds from new affiliates investment and using money from new members to pay old members makes a scheme a Ponzi scheme.
Ponzi schemes do wind up or collapse once there are no new affiliates.