Resonance Capital is an online penny stocks trading platform that claims to help you manage your investments. Here’s our Resonance Capital review.
What Is Resonance Capital?
Resonance Capital is a penny stocks investment trader, based in Scotland but with offices also in the US and in Latvia. The company supposedly trades penny stocks on the NYSE, NASDAQ, AMEX and in OTC markets.
Resonance Capital offers investors high yield investment programs (HYIPs) based on its penny stock trading. Additionally, Resonance Capital has an affiliate program that can provide secondary revenue streams by offering referral payments for recruiting new investors.
How Resonance Capital Works
Resonance Capital has several HYIP plans to choose from. Each different tier requires a different minimum deposit amount, different potential profit margins, and different pay periods. Here’s the list:
- Start features a $50 minimum deposit, a $100 max deposit, and the investment matures in 168 days. The interest rate, which accrues weekly, is set at 6 percent.
- Bronze features a $150 minimum deposit, a $700 max deposit, and the investment matures in 168 days. The interest rate, which accrues weekly, is set at 6.20 percent.
- Silver features an $800 minimum deposit, a $2000max deposit, and the investment matures in 336 days. The interest rate, which accrues weekly, is set at 3.30 percent.
- Gold features a $2500 minimum deposit, a $5500 max deposit, and the investment matures in 336 days. The interest rate, which accrues weekly, is set at 3.5 percent.
- Platinum features a $6000 minimum deposit, a $9000 max deposit, and the investment matures in 336 days. The interest rate, which accrues weekly, is set at 3.75 percent.
- VIP features a $10,000 minimum deposit, a $16,000 max deposit, and the investment matures in 336 days. The interest rate, which accrues weekly, is set at 4.00 percent.
Resonance Capital Creators
There’s very little information regarding Resonance Capital’s operation behind the scenes. There are addresses listed in Edinburgh, Manhattan, Moscow, and Latvia, but there’s little in the way of corroborating evidence.
For example, the Manhattan address for Resonance Capital lists 140 Broadway, a well-known office tower. The list of tenants for 140 Broadway does not include Resonance Capital.
The Edinburgh address is likewise perplexing, as it is a mixed-use commercial/residential neighborhood with no office buildings.
Additionally, the site’s registration is likewise not helpful in identifying who’s behind Resonance Capital. The website was registered anonymously through a private registration service.
Resonance Capital Affiliate Details
Resonance Capital offers a detailed affiliate income opportunity as well. Investing in the company at the Start level or higher entitles investors to become “Consultants” for the company, and provides a 3% commission rate on the initial investments made by direct recruits.
In order to unlock deeper commission rates, consultants need to generate a certain amount of investment volume from their recruits. Here’s a simple breakdown:
Consultants who make sales volume of $2,000 get promoted to Managers, who then earn 5% commissions on first-level recruits and 2% commissions on second-level recruits
Managers who make sales volume of $20,000 get promoted to Top Managers, who see their first- and second-level commissions increase to 7% and 4% respectively. They also receive 1% of all the profits from their first-level recruits and an additional $1000 one-time bonus.
This continues through several additional ranks, which include Director, General Manager, President, Shareholder, and then five additional Shareholder levels above that.
Achieving each additional rank requires subsequently higher sales volume and comes with subsequently higher rewards; a 5-star Shareholder requires $10 million in sales revenue and provides rewards of 20% commissions on first-level recruits, 17% commissions from second-level recruits, 3%/2%/1% profit commissions from three levels of recruits, and a $30,000 cash award.
You’re also eligible for fantastic perks like access to a million-dollar apartment or a high-performance sports car.
Resonance Capital Pricing
Resonance Capital requires you to make investments to become a member. The minimum investment is $50; the maximum investment, which unlocks the highest tier, is $16,000.
Resonance Capital Reviews
Resonance Capital is obviously viewed with suspicion, considering that HYIP investments are always a bit suspect as to their validity.
The compensation plan for affiliates is too good to be true, which also makes it suspect – and the lack of any real information on the company itself is also a bad sign. Most people have been hesitant to trust Resonance Capital’s claims.
- Incredible Investment Opportunity – if the site is legitimate, Resonance Capital provides incredible investment and income opportunities.
- No Proof – sadly, there’s no proof of any of Resonance Capital’s claims, including where they’re located or what they’re actually doing.
Resonance Capital Verdict
In the end, Resonance Capital is way too suspicious to be a legitimate investment or affiliate income opportunity.
There’s no proof the company is actually investing in penny stocks to bankroll its investments, which means it’s probably using all the money it collects from “investors” and paying people with that money.
There’s no proof that this is what happening, but there’s also no proof that Resonance Capital isn’t doing that, either – so chances are high that this is what’s going on.
In essence, this makes Resonance Capital’s activities equivalent to a Ponzi scheme or pyramid scam. It’s dependent on new recruits coming in and investing heavily to keep the machinery moving, as there’s no money coming in from its fake investment activities.
That means that it’s inevitable that the whole company will collapse under its own weight once affiliate recruitment dies down.
In other words, investing in Resonance Capital is unlikely to bring you any sort of benefit. All that investment money is flowing uphill to the top – where the anonymous owners of the company are – and you’re not going to get anything in return.
Resonance Capital is likely a grade-A scam. Avoid getting involved in such a company and do your best to warn off anyone you know who looks to be interested in it for themselves. They’ll thank you later.