Strayex guarantees its members a 180% return on investment over 30 days, yet provides no public information about who runs or owns the company. The domain 'strayex.com' was registered on March 27, 2012, but its registration details remain private. Potential participants should consider the lack of transparency before committing funds.
The company sells advertising banner space (728x90 pixels) on its website for $50. The specific terms for purchasing this advertising remain unclear. Strayex members, however, do not sell advertising. They instead market membership to the company, encouraging recruits to invest.
Each investment includes advertising credits. These credits can be used to display advertising on an internal ad network featured on the Strayex website.
Strayex promises a 180% return on all investments within 30 days. Members can invest up to $20,000 in the scheme. Thirty percent of all returns must be reinvested back into the company.
Referral commissions are also paid out on investments made by recruited members. A 10% commission goes to members on investments from their direct recruits (level 1). A 5% commission is paid on investments made by members recruited by their direct recruits (level 2).
Membership to Strayex is free. However, members must invest money with the company to earn any commissions. Free members can earn referral commissions from their recruits' investments. But they need to invest in the scheme themselves to cash out these earnings.
Visitors to the Strayex website primarily seek income opportunities. This diminishes the value of any third-party advertising offered by Strayex to non-members. Members cannot actually sell advertising; they can only invest money.
The primary revenue source for Strayex appears to be member investments. This structure aligns with a Ponzi scheme. The company calls itself "an online advertising program," but members cannot buy or sell advertising without participating in the investment scheme.
The company's refund policy further confirms the nature of these transactions. It states, "You are purchasing the text and banner advertising. The program is in addition to the advertising. ALL SALES ARE FINAL. NO REFUNDS." If advertising truly represented a purchase, unused credits would typically entitle a member to a refund. Strayex, however, uses money paid by new members to cover returns owed to existing participants, making refunds impossible. The money paid by Strayex members acts as an investment rather than a purchase. Once these investments cease, so do the returns.