The Cycling Shares website, cyclingshares.com, registered on November 18, offers a 125% return on investment but provides no information about its owners or operators. Prospective participants are encouraged to purchase "shares" in a system that lacks transparent management.
When asked on social media for owner details, a Cycling Shares administrator responded, "You want to hear real or fake name? No admin tells real name, so its better to be silent on it, than telling fake name." This anonymity is a common red flag for investment schemes.
Cycling Shares sells no retailable products or services. Affiliates market only the affiliate membership itself. The business model depends entirely on recruiting new members who then invest their own money.
Once enrolled, affiliates can buy "shares" within the compensation plan. Each share costs $20 and comes with a series of advertising credits. These credits allow members to display ads on the Cycling Shares website.
The compensation plan centers on these $20 shares, which create both a revenue-sharing position and a cycler position. The revenue-sharing position earns a percentage from each new share purchased across the platform. The cycler position joins a queue, accumulating funds as it moves to the top.
A position at the top of the queue gathers a balance until the combined cycler and revenue-sharing positions reach a total of $25. At this point, both positions expire. Funds from a new share purchase are distributed as follows: $10 to the Cycler and $10 to Revshare.
Referral commissions are also paid. Affiliates earn 10% on all share investments made by individuals they personally recruit. This commission structure extends one level deep into the recruitment network.
Affiliate membership itself is free. But members must invest in shares to withdraw any earned commissions. Without an initial investment, the system yields no payout.
The scheme operates without genuine products or external revenue. All funds paid to existing affiliates derive from new affiliate investments, creating a 125% ROI Ponzi structure that collapses when new money stops flowing into the system.