Earlier this year Wazzub (aka My Perfect Internernet) announced they were
turning to crowd-sourcing
 to get a 3D version of their app onto Wazzub branded 8″ tablets.

Wazzub had hoped to raise $100,000 by June. Whether or not that happened is a mystery, but today there’s no mention of these tablets on Wazzub’s homepage (My Perfect Internet’s web design is terrible so I didn’t take a thorough look through the site).

In any event, through the brand “We Share Success” (wesharesuccess.perfectinter.net), now Wazzub are issuing virtual shares to their affiliates… and there’s even talk of a Q4 2015 IPO offering.

Seriously?

At this stage Wazzub maintains that affiliate membership to the site and the shares themselves are free.

So how do affiliates receive them?

When Wazzub was soliciting crowdfunds earlier this year, those who invested were promised virtual shares. How many shares were issued is a mystery, but going forward affiliates can only receive shares by recruitment.

Ten Wazzub virtual shares are awarded when an affiliate signs up and then five shares when a new affiliate signs up, awarded down five levels of recruitment (think unilevel).

Apparently the “prelaunch” of We Share Success kicked in on November 11th, despite Wazzub itself being
three years old
.

Affiliates have been given until February 19th 2015 to recruit-spam, with Wazzub then promising to… wait for it, pay out “profit-sharing”.

You will receive a share of the total Profit Share based on the relation between your confirmed # of shares and the total# of company shares.

As you are not yet a shareholder before IPO of “We Share Success Inc.”, the profit share will be paid as a commission.

After IPO you will receive your profit share as a yearly dividends payment as long as you hold one or more of your shares.

So those who recruit the most and have the largest downlines, get the largest share of the profit.

Wazzub’s initial business model saw them depend on advertising combined to a search engine script. Over the past three years they’ve tried to raise revenue to pay affiliates with but
it hasn’t really gone anywhere
.

If the total profit of the company for a specific month is zero or negative, there will be no Profit Share for that month.

Needless to say there’s obvious offering of unregistered securities concerns with Wazzub’s latest offer.

The primary address Wazzub are using appears to be a virtual mailing address in the UK. A secondary address in the US state of Nevada is also provided, however the We Share Success “Terms and Conditions” state

WSS has founded the “We Share Success Inc.” under the laws of Oregon, USA.

Whether or not Wazzub are charging for these shares is immaterial, as 
clearly
they are being offered on the expectation of future advertised profits.

-GET 10 REAL COMPANY SHARES AS A WELCOME BONUS

-GET 5 REAL COMPANY SHARES FOR EACH INVITED FREE MEMBER

-RECEIVE PROFIT SHARE AFTER LAUNCH

-TRADE YOUR SHARES AFTER IPO AT OFFICIAL STOCK EXCHANGES

🤖 Quick Answer

What crowdfunding initiative did Wazzub launch in early 2015?
Wazzub announced a crowdsourcing campaign to develop a 3D version of their application for exclusive Wazzub-branded 8-inch tablets, with a fundraising goal of $100,000 by June 2015.

What is the "We Share Success" program?
"We Share Success" is a Wazzub brand initiative operating through wesharesuccess.perfectinter.net that issues virtual shares to affiliated members at no cost.

Did Wazzub announce plans for an initial public offering?
Yes, Wazzub discussed the possibility of conducting a Q4 2015 IPO offering, though specific details and timeline confirmation remained unclear at the time of reporting.

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