[abfunders]

Maybe I defined MLM wrong? It's the practice of selling goods or services on behalf of a company in a system whereby participants receive commission on their sales as well as the sales of any participants they recruit.
- If I sign up under Dave, I get a certain percentage of the check fee, say 40%
- Since Dave's at the top, he gets 50% on his, but sub-brokers get 10% less (40%) and he keeps 10%
- If I sign up a broker underneath me, I get 10%, Dave gets 10%, and the sub-sub gets 30%

Etc

[Yankeeman07]

Maybe I defined MLM wrong? It's the practice of selling goods or services on behalf of a company in a system whereby participants receive commission on their sales as well as the sales of any participants they recruit.
- If I sign up under Dave, I get a certain percentage of the check fee, say 40%
- Since Dave's at the top, he gets 50% on his, but sub-brokers get 10% less (40%) and he keeps 10%
- If I sign up a broker underneath me, I get 10%, Dave gets 10%, and the sub-sub gets 30%

Etc

Referring Agents are in the business of signing up "MERCHANTS"

This a stand alone product - don't mix this with our Genie Platform , which your explanation is close to being accurate.
Sub-Agents receive the lions share of the commission since they are doing the heavy lifting

Not any different than a Sales Manager that has a territory and receives an over-ride on other sales reps production.

[WestCoastFunding]

This a stand alone product - don't mix this with our Genie Platform.

Please don’t confuse this garbage product with Dave’s other garbage products.

[Yankeeman07]

Please don’t confuse this garbage product with Dave’s other garbage products.

Please don't confuse West Coast Funding ( AKA "Dumb Prick") as an expert other than dribbling on his keyboard !!!