Wazzub is a pre-launch landing page that claims it will pay users a profit share to sign up to use it as their landing page before it launches on April 9, 2012. They’re basically saying that if you sign up three other people , no payment required, no investment required, qualifies for profit sharing. You will also earn money from people who register their email with their friends. Like any internet business, the question comes to mind: “Is this a legitimate opportunity or is it a scam?”

To determine this with the facts at hand, we have to look at the business model. Downward:

• Wazzub has the aspect of filtering the profits of a multi-level marketing business.
• Because it is in pre-launch, specific details of the Directors and the structure of the company are still being determined.
• Because the registered owner, Cathy Halverson, is an agent for the company (and many other companies), some people feel this makes the company suspicious. It has been said that she has no real contribution to the structure of the company and apparently this method of registration was done for tax purposes.

On the bright side, when looking at the definitions of illegal pyramid schemes and multi-level marketing, there is reason to believe it. lacks an essential element that these two models You have to have be considered illegal.

• Wazzub does not ask you or the people you refer to invest money.
• Wazzub does not ask you or the people you sign up to make sales or purchases.
• They have a physical office headquarters (actual members are present at the location) in Las Vegas, Nevada. They have also been registered in Oregon.
• The business model of sharing benefits with users is possible and has been successfully achieved by other companies.

The definition of a pyramid scheme always implies that people invest money and have others join in and invest their money. Eventually, the pyramid collapses when the recruits run out and then the “bottom” people in the pyramid lose all their money. Wazzub is not asking for money or investments, so do not, by definition, a pyramid scam.

Wazzub has the filter element of a multi-level marketing model. Multi-level marketing is not illegal, but it can be a dubious business. Some commonly known multilevel marketing companies are Mary Kay Cosmetics, Avon, and Amway. Wazzub does not have the same sales model and does not ask users to buy or sell anything. Request to generate email subscriptions.

As for the comparison to pyramid and / or multi-level marketing schemes, there is no big red flag screaming a scam. Where money is not invested or requested, no loss of money can occur. There is basically nothing to lose.

Given these facts, it could indeed be a legitimate profit-sharing opportunity. However, no one can predict whether a company will make a profit even before it is launched. I don’t agree with labeling it a scam before you’ve had a chance to prove yourself. Still, anyone involved in making money online should exercise some caution in their profit-making expectations. Until they are released, they do not need to specify how actual payments will be made to users.

The bottom line is that, although this is not as it is, a scam, many people are suspicious because in the pre-launch there is a lack of clarity in both the business model and the ownership structure. Personally, I think that because they are not asking their users for investments or money, the only real issue is whether the users will get a share of the potential profit. Wazzub in the pre-release, not a scam but it remains to be seen whether the profits will be there to be shared.