There is no information on the SmartWealthAds website indicating who owns or runs the business.
The SmartWealthAds website domain (“smartwealthads.com”) was registered on the 30th of March 2015, however the domain registration is set to private.
The company’s FAQ does mention that ‘
SmartwealthAdsis (sic) located in Canada’,
but given the otherwise lack of information provided I’d take that with a grain of salt.
A marketing video on the SmartWealtAds website was uploaded to an account bearing the name “Marc Patric” on August 13th.
The Patric account however was created on the same day, so I’d take that name too with a grain of salt.
An email address features on the SmartWealthAds support page, which matches up with LiveAdInc.
LiveAdInc was a revenue-sharing opportunity launched in 2013. Run by “Ron and Andrew”, LiveAdInc offered affiliates 125% ROIs on funds invested with the company.
Launched in October 2013, by early 2014 LiveAdInc had collapsed.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
The SmartWealthAds Product Line
SmartWealthAds has no retailable products or services.
The company does have a products page on its website, but featured on the page is the image-editing suite Gimp.
As per
Wikipedia
,
GIMP began in 1995 as the school project of two university students; now GIMP is a full-fledged application, available on all distributions of Linux, OS X and Microsoft Windows — XP and later versions.
It is released under GPLv3+ licenses and is freely distributed.
The SmartWealthAds Compensation Plan
The SmartWealthAds compensation plan sees affiliates purchase positions in a series of five matrix cyclers.
Most of the matrices in SmartWealthAds are 2×2 in nature, requiring six positions to be filled before a cycle commission is paid out.
The other size is a 2×1, requiring only two positions be filled.
Silver Plan ($2 a position)
Silver Plan positions are entered into a five-tier 2×2 cycler:
Silver Board 1 (positions cost $2) – $4 commission and entry into Silver Board 2
Silver Board 2 – $8 commission, a position in a new Silver Board 1 matrix and entry into Silver Board 3
Silver Board 3 – $10 commission, a position in a new Silver Board 1 matrix and entry into Silver Board 4
Silver Board 4 – $20 commission and entry into Silver Board 5
Silver Board 5 – $43 commission, two new positions in Silver Board 1 matrices and entry into Gold Board 1
Referral commissions when personally recruited affiliates cycle out of Silver Plan matrices are as follows:
Silver Board 2 – $2 referral commission
Silver Board 3 – $1 referral commission
Silver Board 4 – $2 referral commission
Silver Board 5 – $5 referral commission
Gold Plan ($15 a position)
Gold Plan positions are entered into a four-tier 2×2 cycler:
Gold Board 1 – $20 commission, three positions in new Silver Board 1 matrices and entry into Gold Board 2
Gold Board 2
🤖 Quick Answer
Who owns and operates SmartWealthAds?The website provides no transparent information about ownership or management. A marketing video credits "Marc Patric," but this account was created the same day the video uploaded, raising authenticity concerns. Support email matches LiveAdInc, a previous revenue-sharing scheme.
Where is SmartWealthAds located?
The FAQ claims the company operates from Canada, though domain registration remains private and verifiable location details are absent, limiting confirmation of this assertion.
When was SmartWealthAds registered?
The domain smartwealthads.com was registered March 30th, 2015, with privacy protection enabled, preventing public access to registration information and operator details.
What is the business model structure?
SmartWealthAds operates as a five-tier matrix Ponzi cycler, a recruitment-based investment scheme where participants earn primarily through recruiting new
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