Network Marketing (M.L.M.) - Formor
Number of Customer Reviews for Formor: 1
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With its main establishment at Conway, Arkansas Formor has entered the market of Philippines, Singapore and Canada with its distribution centers at all of these places. It offers an extensive line of products that range from Homecare and Cosmetics to Micro-Fibers and Nutrition.
You can also become a part of Formor by purchasing a distributor kit along with ordering $70.00 of product. The distributor kit costs $30 that mounts the startup expenditure to $100. The people associated with the company lend good support through serious interactive conference on phone. The company also offers 90-day mentoring program called the Symphony of Success for the distributors. Until recently, it had over 2000 distributors operating in different part. If you have three people on the downline then you receive a commission of $85 whereas with 12 people you are sure to get $450. You will receive $850 if you have 20 people as your downline. To qualify for the commission you have to purchase products worth a minimum of $50.00.
Formor has an interesting network marketing scheme that assures you of low cost and high service. It promises to offer its distributors a bonus up to 10% in the third level extending to infinity. The Federal Trade Commission did not find its working up to the mark. The commission states that the claims made by the company are unsubstantiated in many ways. For example, the claims with regard to colloidal silver and its therapeutic effect fall short of promise. Similarly, the company claimed that its shark cartilage pills were effective in treatment of arthritis and other inflammatory conditions.
Formor could not prove its claims and eventually had to sign a consent agreement with the FTC that compelled it to stop making such overstatements. This agreement may act as a revelation to the ones having complete faith on the credibility of its claims.
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