http://www.empowernetwork.com/successwithrick/blog/featured-business-review-for-the-penny-matrix-pmebooks-com Location: Hendersonville,TN 37075 Website: http://pennymatrix.com/redhat39 Business Hours: Mon - Fri 10am - 3pm CST, Sat & Sun Closed Phone: 615-822-2080 Primary Product/Service: Digital eBooks Club Through PMeBooks.com About PennyMatrix.com: PennyMatrix.com is an online network marketing program that in reality is the backend recruitment facility for the PMeBooks.com eBook store or club. The parent company, World Light LLC is home based in Hendersonville TN just outside of Nashville TN. Penny Matrix (or PMeBooks) seems to be a startup company with just under 1000 subscribers, at this time of writing so far to the $7/month eBook subscription plan. Once someone joins the club they are setup with their own version of the eBook storefront that they can advertise to get other member signups under them. There is both a free level and a paid level membership. The free level awards the member one ebook per month to download. The paid level membership gives the member full access to download eBooks of their choice not the preselected one that free members get. The real advantage to being a paid member is the compensation plan for getting other paid members to join the membership under you. The basics of it are that the program is based on a matrix that is 14 levels deep which in a full matrix would be 16,386 people. The matrix member gets paid $0.30 for every member under them on all even numbered levels (2,4,220.127.116.11 and 14). A completely full matrix would earn the member just over $6500 monthly. There is also a "matching bonus" for any of your personal referrals in that for anyone you sponsored in (joined the membership under you) you get a 100% match of whatever they earn as well. One of the good things about Penny Matrix is that there are no qualifiers to get paid. In other words as long as you are an active (paid) member yourself then you will earn from any spillover your sponsor would give you. There are significant penalties however for letting you account lapse but the good news is that if that should happen you still get to keep your spot in the matrix. My overall opinion of PMeBooks or Penny Matrix rather is that being that it is run by a US based company it will be a much safer company to trust than some of the other same type of programs that are based in 3rd world countries. The pay plan is decent considering the low cost of entry. Since the entry level and monthly costs are so low (and there is a real product being sold) retention rate should be fairly high. This is an excellent program to use as a feeder into another primary business or networking opportunity. The reality is that this matrix and in all I've ever dealt with will probably never completely fill up so the $6500 per month is pretty much a pipe-dream. One could see and extra $100 - $1000 per month from this program easily with not much effort. This then would be great money to invest in your other more profitable businesses. I've heard it said before by some famous network marketer "Stop stepping over dollars to pick up pennies" and essentially being involved in Penny Matrix would be in the "pennies" category. But as I said if you are trying to introduce someone new to network marketing that wants a low entry barrier program then this is a good one. They can earn extra money quite easily and then be more than willing to follow you into your other programs.
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