There is no information on the Goldmine Ads website indicating who owns or runs the business.
The Goldmine Ads website domain (“rnrgoldmineads.com”) was registered on the 8th of August 2013, however the domain registration was set to private.
Further research reveals Goldmine Ads affiliates citing Robert Hinrichs and Richie Boman as the admins and owners of the company.
This appears to have been later confirmed by Hinrichs, who wrote the following in a Goldmine Ads related Skype chat with affiliates:
I’ve been online for many years. Richie and I got tired of being scammed and lured into programs by so-called ‘good’ people, only to find out that they weren’t so good.
We have created a program here that takes the best of many programs and stays away from the false lures and overblown hype that never pans out for the masses.
We have built a program with a custom script, that is meant to last. That is our hope and desire.
I did try to put together an MLM history on these two but unfortunately nothing came up.
Going off of what Hinrichs shared above though, Goldmine Ads would appear to be the duo’s first MLM venture.’
Read on for a full review of the Goldmine Ads MLM business opportunity.
The Goldmine Ads Product Line
Goldmine Ads has no retailable products or services, with affiliates only able to market affiliate membership to the company itself.
The Goldmine Ads Compensation Plan
The Goldmine Ads compensation plan sees affiliate sign up and then purchase matrix and revenue-sharing positions.
Before we get into the specifics of Goldmine Ads compensation plan, note that 30% of all commissions paid out
must
be reinvested back into the company.
Also Goldmine Ads affiliates are capped from withdrawing up to $1500 in funds in a single transaction.
This limit can be increased via recruitment of new affiliates and a Goldmine Ads affiliate’s own investment activities.
Revenue-Sharing
GoldMine Ads solicit funds from affiliates and then use those funds to pay commissions on revenue-sharing positions.
Five tiers of revenue-sharing are offered to Goldmine Ads affiliate as follows:
$3 revenue-sharing position = $4.50 ROI
$5 revenue-sharing position = $8 ROI
$7 revenue-sharing position = $11.90 ROI
$9 revenue-sharing position = $16 ROI
$11 revenue-sharing position = $19 ROI
Matrix Commissions
Goldmine Ads operate three tiers of 2×2 matrix cyclers.
A 2×2 matrix places an affiliate at the top of a 2×2 matrix, with two positions directly under them:
These two positions have two positions each under them, making up a total of six positions in the matrix to be filled.
Positions in the matrix are filled via affiliates purchasing positions, with a cycle commission paid out when all positions are filled.
How much of a cycle commission is paid out depends on which matrix tier a Goldmine Ads affiliate buys a position in:
$2 position tier = $4 cycle commission and one $3 revenue-sharing position
$6 position tier = $12 cycle commission, one
🤖 Quick Answer
Who are the owners of Goldmine Ads?Goldmine Ads is operated by Robert Hinrichs and Richie Boman as primary administrators and owners. Initially, no ownership information was publicly disclosed on the website, though the domain registration remained private since its registration in August 2013. Hinrichs later confirmed his involvement through internal communications with company affiliates.
What information is available about Goldmine Ads' registration?
The Goldmine Ads website domain "rnrgoldmineads.com" was registered on August 8, 2013, with privacy protection enabled. This prevented public access to standard domain registration details, obscuring ownership information from external scrutiny during the company's initial operational period.
What stated motivation did the owners provide for creating Goldmine Ads?
According to communications in Goldmine Ads-related Skype chats, Robert Hin
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