There is no information on the SpinQast website indicating who owns or runs the business.
The SpinQast website domain (“spinqast.com”) was registered on the 7th of March 2015, with Paul Nash cited as the owner. An address in the US state of Connecticut is also provided.
Nash is also identified as “the leader” of the company on conference calls currently linked to from the SpinQast website.
Paul Nash (right) first popped up BehindMLM’s radar as a part-owner in the failed GoFunRewards Ponzi scheme.
Launched in early 2013, GoFunRewards sought to capitalize on
the regulatory shut down of Zeek Rewards
before it.
The scheme saw affiliates
invest in “Lifestyle Dollars”
on the promise of a ROI, paid out of newly invested funds.
A few months after launch GoFunRewards pulled the plug on their scheme, with legal advice pertaining to
regulatory concerns
cited as the reason behind the decision.
Six months or so later Nash went on to launch
SpinDing
, which saw affiliates invest up to $1890 on the promise of advertised ROIs.
As with GoFunRewards, SpinDing ROIs were funded by subsequent affiliate investment. Despite this, Nash publicly stated he
“hoped” SpinDing wasn’t a Ponzi scheme
.
Built on a matrix cycler business model, SpinDing flopped shortly after launch in January 2014.
A
relaunch was publicized in July of 2014
, but doesn’t seem to have gone anywhere. The SpinDing website went offline in October of 2014, but has since been brought back online.
Last month SpingDing popped up as a partner of
Tellus Mall
, but whether or not Nash is directly involved is unclear.
In any event, Nash seems to have moved on and has just recently announced SpinQast.
Read on for a full review of the SpinQast MLM business opportunity.
The SpinQast Product Line
SpinQast turns any TV into a smart TV, bringing the power of the Internet to your big screen. It streams thousands of channels, has premium services like NetFlix and Hulu, and includes full web browsing capability and games all for a fraction of the cost of cable!
SpinQast market a “streaming TV box” they claim offers ‘
tens of thousands of LEGAL shows and episodes over broadband
‘.
Each link, episode, show or live stream are provided legally by the content owner so there are no worries!
For those of a technical mind, the specifications of the SpinQast TV box are as follows:
Quad Core PC, KitKat, 4XHD, 4xUSB, SDCard, 2GB Ram, 8GB Rom WiFi, Wired Ethernet, Supports external hard drives, Google Remote TV etc.
SpinQast claim the boxes are
Programmed to receive thousands of channels, shows, episodes, videos and live streams.
Premium channels (Netflix, Hulu etc) are available.
Retail pricing of the SpinQast TV box is $99, with an ongoing $10 a month subscription fee.
The SpinQast Compensation Plan
The SpinQast compensation plan sees affiliates sign up and sell SpinQast TV Boxes to retail customers. Affiliates can also qualify for commissions by purchasing the box themselves.
Retail Commissi
🤖 Quick Answer
Who owns and operates SpinQast?SpinQast is owned and operated by Paul Nash, whose name appears on the domain registration (registered March 7, 2015) and Connecticut address. Nash is identified as the company leader on conference calls linked from the official website.
What is Paul Nash's background in MLM ventures?
Paul Nash previously appeared as part-owner of GoFunRewards, launched in early 2013 as a Ponzi scheme. The company promised returns on "Lifestyle Dollars" investments funded by new recruits before shutting down months after launch.
How did GoFunRewards operate?
GoFunRewards capitalized on Zeek Rewards' regulatory closure by soliciting affiliate investments in "Lifestyle Dollars," guaranteeing ROI payments generated exclusively from newly invested participant funds, a classic pyramid structure.
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