Smart Matrix System, founded in late 2010, combines prepaid cell phone airtime with a matrix multi-level marketing (MLM) compensation structure. The company claims its corporate office is in Houston, Texas, but offers no specific address. Its domain, smartmatrixsystem.com, is registered anonymously in Panama.
Cynthia Solomon is listed as the company's CEO, with Jarina Mohammed as CFO. Public records offer no further background information on either individual, including any prior experience with MLM opportunities.
Smart Matrix System states its product is prepaid phone service recharges. These services, however, are offered entirely through third parties. The company functions as a middleman, acting as an independent affiliate for the recharge providers.
Members of Smart Matrix System primarily sell new memberships to the company itself. The firm's FAQ confirms this model: "If you want to get a $1.00 reward towards your next month's airtime purchase, you need to become a member of Smart Matrix System."
The company waives the $5 entry-level "Bronze Matrix" membership fee if a new member buys prepaid airtime from them. Still, signing up as a member is required. This structure means true retail sales do not exist within the opportunity. Participants can earn commissions by selling company memberships without ever marketing prepaid recharges.
The Smart Matrix System compensation plan centers on a 5x6 matrix structure. This design places a member at the top, with five direct recruits underneath them on level 1. Each of these five recruits then branches out to five more, continuing down six levels. This creates a total of 19,530 potential member positions.
Smart Matrix System categorizes members into Bronze, Silver, Gold, and Platinum matrices. Each matrix offers a higher potential monthly commission per member.
The Bronze Matrix allows for a total payout of $4,874.50. Level 1 members earn 15 cents per position, totaling 75 cents for five positions. Levels 2 and 3 pay 20 cents per member across 150 positions, for a $35 total. Levels 4 through 6 pay 25 cents per member across 19,375 positions, totaling $4,843.75.
The Silver Matrix carries a $9,344 total payout. Level 1 members receive 15 cents per position, amounting to 75 cents. Level 2 pays $1 per member for 25 positions, totaling $30. Level 3 pays 30 cents per member for 125 positions, totaling $37.50. Level 4 pays 35 cents per member for 625 positions, totaling $218.75. Level 5 pays 40 cents per member for 3,125 positions, totaling $1,250.