Pandex-Is It Legit Or A Scam?

Welcome to my Pandex Review. There has been some vibe about this company called Pandex,so I decided to find out what the company was all about and do some research on the company.

You are probably here because you have heard of Pandex and want to find out if it is a legit company or a scam.

Here is a detailed review on the company Pandex and I would walk you through the Pandex company,the compensation plan,the products and the verdict.

Pandex Review – The Company

 

After a little information and some more research, it was revealed that the Pandex website domain “pandex.org” was first registered on the 4th of January in 2016.

An updated registration was done on the 19th of June in 2017, hinting towards new owners for the company, who possibly also started new ownership on that day.

The domain owner is registered as Sharleen Lewis, and she has used an address located in Kingstown, St. Vincent down in the Caribbean.

Outside of the registered domain, there is not a single piece of info linking Lewis to the company.

On the Pandex company website under their “about company” section, it say that:

Pandex was created as a subsidiary company in 2001 as a result of a merger between Osaka and Kyoto Stock Exchanges and started its activity on the leading Japanese stock, commodity and financial markets.

Due to the mortgage crisis in the US in 2008 resulting in the bigger international one, Pandex managed to take the vacant places in the exchange business globally.

With regards to the unique business strategy and trading technology, Pandex has significantly increased its sphere of interests and number of big trading partners.

This allowed the company to reach the financial turnover of 3 billion 840 million USD between 2008-2009, which is why Pandex has confidently gained a seat among the biggest exchange players in the world.”

Of course, there’s no data or information to back this up at all.

Pandex says it’s being run by Marko Milosevic, and he’s said to be backed by Japanese billionaire Hiroshi Mikitani.

Mr Minoru Mori, a Japanese billionaire, became the new owner.

As the company’s capital was predominantly private with the controlling stake remaining with Mr Mori, the company continued to be a closed joint-stock company with only few being able to access its services.

The company had successfully been handling all its functions for the following seven years working within the mentioned business focus.

Due to the mortgage crisis in the US in 2008 resulting in the bigger international one, Pandex managed to take the vacant places in the exchange business globally.

With regards to the unique business strategy and trading technology, Pandex has significantly increased its sphere of interests and number of big trading partners.

This allowed the company to reach the financial turnover of 3 billion 840 million USD between 2008-2009, which is why Pandex has confidently gained a seat among the biggest exchange players in the world.

Honestly, there is not a source out there to confirm any of this info posted online.

 “Mark” (or Marko), the man in the presentation, alleges that he is the self-proclaimed President of the company.

The whole presentation looks scripted (with awkward breaks) and those questions from the audience members look to be scripted as well (because they are reading their questions aloud).

In accordance with the data from Alexa, Russia is the company website’s main source of traffic.

Pandex Reviews – The Products

Pandex has no retail products or services for affiliates to purchase or sell.

Affiliates who join Pandex simply market the company affiliate membership.

 

The Pandex Compensation Plan

Affiliates who want to participate in the company compensation plan are required to sign up as a member and also invest into the company.

Cost To Join Pandex

The cost to join Pandex as an affiliate is free, however if you wish to fully participate in the business opportunity and its company compensation plan, the company will need a $100 minimum investment from you.

Is Pandex Legit Or A Scam?

Pandex is actually legit and not a scam.However to be successful in Pandex or any other network marketing out there.It would depend on your marketing techniques,your lead generation technique and your ability to recruit.

Verdict on Pandex

With all of that said, it should be pretty obvious that there isn’t a legitimate bone in Pandex’s body.

The company’s claim that Japanese investors and throwing money into this operation are hilariously false, and along with this, the offer just doesn’t make sense.

Pandex is promoting an opportunity that allows anyone to invest money to earn ROIs as large as 42% with no proof of trading activity or anything, and this is never a good look.

With the only money coming into the company being that of affiliate investments, Pandex ends up being a Ponzi scheme.

The company is claiming they use the stock exchange for its ROI revenue with shares, bonds, warrants and derivatives on stock and base commodities, non-ferrous metals, high-tech stock, and cryptocurrency…but where’s the proof of these trades…

They also say that they make nearly $4 billion in their trading revenue annually, but I can’t really sit here and believe this whole heartedly, but that’s just me and that’s why I am writing this blog to help you put an end to any rumours you may have heard.

So, that’s the real info on this company….

They use the money from new affiliate capital investments and pay out older affiliates to make it seem like their company is legit, and that’s the money trail you can follow…

But when new affiliate sponsorship dries up, so will the capital in this company and ultimately, so will the company.

I hope you enjoyed my Pandex review and if you have any questions, please leave them in the comments below…