LifeWave, a company founded in 2004 by CEO David Schmidt, operates from California. Schmidt's corporate biography states he has over 25 years of experience in business and product development, having owned successful manufacturing firms before starting this multi-level marketing venture.
The company's main product line consists of patches. LifeWave claims these patches are "clinically proven to stimulate acupuncture points," which improves energy flow in the body. They also state the patches are "backed by solid research and over 60 clinical studies," promising "real and immediate results" in areas like energy, pain relief, sleep, anti-aging, and weight loss.
David Schmidt spent three years on research for this technology, aiming to naturally increase energy through fat burning and wireless communication to the human body. LifeWave publishes various papers, letters, and studies on its website. It does not clarify if any of these studies are independent when asked in its product FAQ, stating only that "LifeWave has completed dozens of clinical studies that prove the patch products improve health and wellness." Beyond patches, LifeWave sells a nutrition system, a cell phone radiation reducer, and a line of branded homeopathy products.
LifeWave's compensation plan focuses heavily on recruiting new affiliates and encouraging their product purchases. Weekly residual commissions are paid through a binary structure, with a unilevel matching bonus.
Affiliates earn retail commissions on orders placed by non-affiliate customers. LifeWave automatically sends the difference between wholesale and retail prices each week.
The company offers "Product Introduction Bonuses" for recruiting new affiliates. The commission amount depends on the new affiliate's initial membership spending: Bronze membership yields $15, Silver $50, Gold $100, Platinum $150, and Diamond $200. If an affiliate upgrades their membership at any time, provided they meet the recruitment commission qualification criteria, the recruiting affiliate earns the difference in commission between the new and former membership levels.