“The myWorld shareholder is, in fact, being involved with their own capital” – What the “fake shareholder” should talk about with his upline.  

Many of the Lyconet marketers waited for almost two days at the “Sensation” in Gelsenkirchen on July 7th & 8th, 2023 for the big IPO. Finally, Hubert Freidl announced within 3 minutes and 20 seconds “As of now you are all shareholders” which could also mean “I screwed you up yet again!”   

Since this event, marketers have split into two camps. Into those who only needed the final proof of having been screwed and those who don’t have the slightest idea of how an IPO works and cheered the community on once again.  

Even if we are attacked by so-called top leaders, none of the self-described stock market experts around myWorld can or want to argue against the facts stated below.

Because the following is simply facts, which is easy to see if you take a good look at the agreements and T&C’s and don’t believe everything your upline says: 

In June 2018, it all started with the Enterprise Cloud program: marketers were to convert their Customer Clouds into Enterprise Cloud 1 with an upcharge of one-third of the value of each cloud. This Enterprise Cloud 1 deal was pushed to investors because they could now engage in the revenue of not just customers in certain countries, but globally. To motivate this conversion, the upcharge to Enterprise Cloud 1 was “rewarded” with double SP. It was also conveyed that the old Customer Clouds would lose their value.   

The background, however, is that Lyoness Europe AG did not want to distribute the customer clouds or pay back the invested capital. With the imposed Enterprise Cloud deal and the promise that the investors would now even participate in the worldwide purchase revenues, it was able to get the majority of the investors to convert their Clouds, whereby they even received further payments for the “upgrade” and was able to keep the money for another 4 years, until October 2022, just when Enterprise Cloud 1 should have started distributing. In parallel, it could continue to gain the payments of € 50.00 per month required for the right of disposal. This is how Lyoness Europe AG has always handled it: instead of paying out the promised profits and repaying the invested capital, it always created new fantasy products that were even better and more advantageous and with which one could compensate for their losses. After all, except for recruitment commissions, marketers could not gain any profits within this system.   

Source: Lyconet

According to the FAQ for the myWorld Share Program, the member receives myWorld Share Points (mSP) for all previous orders (Discount Voucher, mVoucher, Benefit Voucher), and 1 euro order value corresponds to one mSP. With the conversion, all investments were also credited to the member account, the Shopping Points granted for them were shown as myWorld Share Points, and the purchased clouds were transferred to the new myWorld Share Cloud. The myWorld Share Points were intended to entitle members to shares in the Group’s planned IPO.   

The discount vouchers have now become mVouchers, although apart from the slightly similar name, there is no difference at all. The additional conditions for discount vouchers 2017 and the additional conditions for the purchase of mVouchers 2019 are identical in content. So, it seems that all the PB Clouds and payments for discount vouchers still purchased from Lyoness Europe AG appear.   

Source: Lyconet

These facts are clear evidence that a contract takeover took place because the Discount Vouchers are distributed exclusively by Lyoness Europe AG and the mVouchers exclusively by myWorld Austria GmbH. Since the contractual relationship with Lyoness Europe AG was dissolved and was taken over by Lyconet Austria GmbH and myWorld Austria GmbH, the Discount Vouchers that were taken over inevitably had to be converted or renamed to mVouchers.   

Although it was promised beforehand by Hubert Freidl himself, in all advertising mails and in the FAQ’s to be accepted during the changeover and in the Fact Sheet for the myWorld Share Program, that all orders would be taken over, Lyconet and myWorld denied this fact in the proceedings before the District Court for Commercial Matters Vienna to 9 C 234/2023k. Thus, it is obvious that the members who made the switch to the myWorld Share Program were presumably deceived.   

Source: Lyconet

In all advertising measures, the impression was deliberately created that members would receive shares in the share program “completely free of charge” for all bookings (“I have a gift for you!”) and that they would receive shares as a gift for all their payments made to date.   

However, participation in the share program is not free at all; instead, investors are required to make minimum monthly payments, as they have been in the past. As with Enterprise Clouds, members must be active, which means they must make at least one monthly product order, because otherwise no distributions from the myWorld Share Cloud are possible.   

The fact sheet for the myWorld Share Program states!

Requirements for receiving CP from the myWorld Share Cloud:

“To receive CP from the myWorld Share Cloud, marketers must have been active for a certain period. A marketer is considered active if he or she has placed at least one monthly product order.”  

These ‘products’ are, worthless vouchers (Benefit Vouchers, Shopping Point Packs) because, according to the T&Cs of Purchasing and Ordering and Terms of Use of myWorld Benefit Vouchers and the T&Cs of Purchasing and Ordering and Terms of Use of Shopping Point Packs, they cannot be used to make purchases at all.   

Instead of Shopping Points (SP), Career Points (CP) are now traded. A Benefit Voucher costs at least € 49.00, so at least € 49.00 per month must still be paid into the system to be entitled to those shares. The higher the payment, the more CP is generated and therefore the profit should be higher, because the compensation is calculated based on the CP.  

As it has now turned out, the propagated IPO was just a marketing lie to induce gullible investors to make the switch, so that they forgo their enterprise clouds in favor of mSP. The promised listed shares do not exist at all and the myWorld Share Points have no value at all, so that the money of the marketers is obviously seeping away in the fundraising model of Lyconet and myWorld without any consideration, and a total loss is being suffered.   

Contrary to the announcements, no quoted shares are issued, but only registered shares with restricted transferability of myWorld International AG; there is no secondary market at all.   

In addition, the documents (FAQ and Fact Sheet for the myWorld Share Program) promise that the members can freely sell 50% of the shares. However, it turns out that the sale is only allowed with the consent of myWorld International AG.   

Since the registered shares with restricted transferability may only be sold with the consent of myWorld International AG, the capital is still tied up and even in the event of a total loss, the “shareholder” has no claim to reimbursement, or at least that seems to be the plan!   

Plus: it was kept secret for a long time from which group the investors were to receive their shares, especially since in all documents only “myWorld International” was mentioned.   

Finally, it was revealed that shares of myWorld International AG were to be received. At the extraordinary shareholders’ meeting on May 26th, 2023, myWorld 360 AG (FN 389134g, formerly Lyoness Cashback AG, Lyoness Group AG, mWS myWorld Solutions AG) was renamed myWorld International AG. Subsequently, a capital increase from originally € 100,000.00 to € 12,000,000.00 was successively agreed upon. Since this capital does not originate from a real business activity, it is presumably the money of the investors, which was distributed via various channels from Lyoness Europe AG first to myWorld Austria GmbH and then to myWorld 360 AG. In effect, the investors will be involved with their own capital, but most of this has probably already been consumed by the leadership.

The conversion to the myWorld Share Program was the final scam to protect themselves in the best possible way against claims in the event of a total loss. The myWorld Share Program is used by those who have already been reported to the Federal Public Prosecutor’s Office for White‐Collar Crime and Corruption, exclusively to trick unsuspecting investors and to enrich themselves unlawfully.   

The decision-makers at Lyconet and myWorld apparently created a cunning construct to trick the investors out of their money, to take over the well-paying members of Lyoness Europe AG and to urge them to switch to new contractual partners. They thereby created, among the investors, the now disputed impression that their contractual relationship, along with all previously made investments, would be assumed by the new contracting parties. 

Despite promises to the contrary, the parties responsible now claim in bad faith that they are neither liable for the previous payments to Lyoness Europe AG nor that they have anything to do with Lyoness. 

Instead of constantly criticizing us for the clarification, those responsible should explain these facts. In recent years, they have often been invited by TV stations such as ORF, ZDF, 3Sat to explain themselves, but they have never complied.  

Shame on you, leaders!

Shame on you and explain to the marketers how it really is.

Even in court, experts were always named as witnesses, but they never actually appeared. They are stalling for time and when the judge has had enough, they simply withdraw the lawsuit.

That’s the way it’s always been, isn’t it, Mr. Freidl? 

Freidl’s IPO exposed: when accounts are suddenly blocked! 

Would you be okay with your bank canceling your bank account, blocking access, and refusing to release your balance, all because you have concerns about a transaction? Of course, a bank can cancel an account, but the balance is still paid out. 

Right – the translation of the letter

Hubert Freidl’s system does itself no favors by immediately denying access to their marketers’ accounts just because they have legitimate doubts about this IPO and want to reverse the stock swap. MyWorld International goes even further, stating that there would be no claim for the money already deposited. 

Regardless of how much money has already been deposited, as soon as it becomes clear that the marketer has seen through the system and is no longer being appeased by their upline or believes in new promises, the true face of Lyoness/Lyconet/myWorld is revealed. 

We extensively documented the questionable and allegedly coerced KYC process on July 13th, 2023, to which myWorld International AG reacted peeved, which is hardly surprising when caught with the proverbial “hand in the cookie jar.” 

Hubert Freidl advertised his IPO with “I have a gift for you,” claiming his stocks were a gift, an incentive, but for what? The incentive to devalue the money already paid in? 

Right – the translation of the letter

With a termination, you receive your Sharepoints in exchange for returning the shares, but the only purpose of the Sharepoints was to convert them into shares, so there are no further uses.  

However, myWorld conveniently ignores that Sharepoints were only granted for actual and effective payments because this would confirm payments made by the members again, something myWorld International AG or, in this case, Lyconet mSP GmbH (formerly Lyconet Promotion GmbH), would very much like to avoid. 

Hubert Freidl’s companies naturally want nothing to do with each other when it gets tough, so they refer to the general terms and conditions and claim, in essence: “It’s written there, you don’t get your money back!” 

However, what we have all learned in recent years, and as is evident from the legally binding judgments, the respective terms and conditions and agreements have been declared NULL and VOID. The legal system cannot keep up with the new “rules and conditions” that Hubert Freidl and his leaders came up with. In the end, nothing changes, and it’s only a matter of time before these are once again classified as invalid. 

Recommendation: 

  • Definitely take a screenshot of your Lyconet/myWorld account! 
  • Collect bank transfer receipts to the Lyoness/Lyconet/myWorld accounts! 
  • Document communication with your upline (date, time, content) using a memory log! 
  •  

In the next post, we will show you why you are only a “fake shareholder” without rights at myWorld International AG! 

GSPartners and cooperation partner of Karatbars is blocked by METAMASK: Observers and authorities warn against Ponzi scheme!

MetaMask is a self-custodial wallet for Defi, Web3 Dapps and NFTs that offers security features to protect digital assets. The application, encryption and protection against phishing attacks makes MetaMask a safe place to manage crypto investments. As a result, operators arguably have no problem removing online scams from their platform, as was the case most recently with three domains (g999.io/g999main.net/gspartners.global) belonging to GS-Partners.   

According to online platforms, a Security Engineer under the username “legobeat” requested on August 4th of this year that GS-Partners be added to Metamask’s blocklist. The moderator justified his request by saying that GS-Partners was selling false dreams and falsely claiming to be a PIVX author. Support Product Lead Alex Herman granted this request one day later.   

On the same day, GS-Partners protested the blocking under the username “gspdevelopment” and asked for it to be lifted on the grounds that “GSPartners.global” was a legitimate and registered marketing platform. Five days later, Alex Herman announced that the blocking of the domains would not be lifted after further investigation. Later, Herman let another user know that the blocking was explicitly due to “nefarious activity.”   

GS-Partners’ objections are demonstrably incorrect: 

Last year, for example, the Central Bank of the Comoros warned of misrepresentations about regulatory approval for offshore banking transactions by the main company GSB Gold Standard Bank.   

Earlier this year, the Autorite des Marches Financiers

Quebec warned of securities fraud on the part of

GSPartners, in the same month the Alberta Securities

Commission added GSTrade and G999 to its Investment

Caution List and shortly thereafter also GSPartners, due to

securities fraud.   

In addition, there was a warning from the British Columbia

Securities Commission for securities fraud for: GSPartners,

GSB Gold Standard Pay Ltd, GSB Gold Standard Bank

Ltd, Gold Standard Trade, Lydian World, G999, GSTrade

and Swiss Valorem Bank.   

On top of that the Ontario Securities Commission imposed

a securities fraud warning on GSPartners and Swiss

Valorem Bank. 

Not only in Canada, but also in the U.S., GS-Partners is

allegedly violating the law, since there seems to be no

registration with either the SEC or any U.S. state securities

regulator. 

Lyconet: September looks… complicated! 

In a pyramid scheme, you get benefits from recruiting other marketers and getting them to spend money in the scheme as well. In the Lyconet September Outlook, Peter Gruber talks about how Lyconet marketers can recieve their so-called benefits and as always, it’s not all that straightforward:    

In a pyramid scheme, you get benefits from recruiting other marketers and getting them to spend money in the scheme as well. In the Lyconet September Outlook, Peter Gruber talks about how Lyconet marketers can recieve their so-called benefits and as always, it’s not all that straightforward:    

First of all, you need three direct marketers who have ordered and paid for a monthly SP pack, or have active status. This only gives you Shopping Points (SP) and mSP Asia, which in turn will only become relevant when the myWorld Asia IPO takes place, which is supposedly in 2024, but we already know the game with their “IPOs” and their “company shares”. If this IPO works out in the same way as the one in Gelsenkirchen at the beginning of July this year,more marketers are to be pitied. In addition they are very  particular that payments must be on time and one should remind their Downline of that too, if neccessary. Nobody can forget now anyways since a specifically developed “notification system” was made available, in which one can control their Marketers more eficiently and if necessary collection activity is to be exercised, so more money can be flushed into the system.   

Peter Gruber also talks about building a “stable business” with the marketers and their downlines’ shopping volumes. As another “source of income” he mentions Direct Commission and Career Points. The Direct Commission is not, as the name should actually reveal, a direct bonus in the form of actual money, but is again simply a distribution of fantasy points, which can then be converted into “company shares” (we avoid the word stock) in the internal system. However, this process is again bound to predetermined rules, restrictions and regulations.  

Since the last “IPO” took place almost two months ago and

the marketers were once again successfully lead on, money

can finally be collected yet again via Lyconet, because

THIS is how they ACTUALLY earn money.  

Call – Where is Hubert Freidl? Mail cannot be delivered.

Since we filed our complaint in November of 2022, we as BE-EEIG, several lawyers and courts, have tried in vain to serve Mr. Hubert Freidl, founder of Lyoness/Lyconet/myWorld, with documents concerning the case.  

Especially since these deliveries are exclusively returned with the note “unknown recipient” or “recipient moved”. Hubert Freidl has not been registered in Monaco since the EEIG filed the complaint. In addition, we have received information that Freidl now resides in South America and is only occasionally in Europe. He had flown in particularly for the event in Gelsenkirchen to applaud his marketers for two days and to sell the absurd IPO to the audience in just three minutes.   

A summonable address also matters to us, as we attach importance to Mr. Freidl being able to comment on the accusations against him and his companies and that he is being given the chance to explain himself.    

We are grateful for any information on the current whereabouts of Hubert Freidl, or his current residential address.   

Contact:  

Office@bekm.us or Info@bekm.eu   

Attention: The presumption of innocence applies until the allegations have been clarified! 

Lyconet Summer Updates: How to get rid of your money with myWorld shares by the end of the year!

In the month of August, myWorld/Lyconet top leader grace us with important information about their share program and how to supposedly get your money’s worth. Although this information was much needed, one is, as always, not a lot smarter than before. MyWorld/Lyconet is and remains a pyramid scheme that, despite being a “shopping community”, is mainly financed by recruiting new marketers and them investing, as well as existing marketers’ investments. 

And yes, it is an investment, as

myWorld calls it so itself in the KYC

process. “Lyconet is obligated to

monitoring the performance of my

investment and notifying me of any

changes.”  

Dennis Scibiorksi reintroduces the KYC process: A photo of the passport or ID card must be uploaded, then one takes a picture of one’s face and uploads it so it can be matched. Then, in the Lyconet back office, the application form must be filled out and digitally signed, truthfully of course. But it is in fact impossible to go through the KYC process “truthfully” especially since “no” is not accepted for many of the questions in the application form, BEKM reported on 07/13/2023.    

Then all steps are done to get one’s “shares” assigned. This must happen until the end of the month (August), otherwise you give away “cash money”, which means that you no longer have the possibility to get your “shares”.   

Furthermore, the MSP program/share program/stock program is explained: In the Marketer Backoffice under the point MSP you can see your “MSP International”, which were accumulated by all past purchases in the Cashbackworld. 1000 MSP corresponds to one share. The “Personal Score” shows how many company shares have been “notarized” (name certificate). As of 08/07/2023, the “share value” is €590 according to myWorld. How this increase of € 90 came about will remain a mystery, while stock market experts can only shake their heads. In addition, according to myWorld, there is a “legal and regulatory” lock-up period of 18 months until one is allowed to sell those “shares” for the first time. Then you could keep them, participate in further performance, collect any/all dividends, OR “liquidate”/monetize them, as it is described in the video.   

From this Pot, the company receives half of the marketers’ shares, from which monthly payouts should take place through possible sales and dividends, starting January 2025 according to the factsheet.  

What about the “My Cloud Score”, the other half of the MSP generated by marketers? From this Pot, the company receives half of the marketers’ shares, from which monthly payouts should take place through possible sales and dividends, starting January 2025 according to the factsheet. For the monthly distributions a marketer must have, who would have guessed it, active status. This means that the marketer and his customers have to generate a monthly 2000 Euro purchase volume at partner companies, or one activates the monthly order/shopping point pack. One must be active by the end of the month (August) at the latest and then stay active.   

That’s quite a few hurdles to overcome to become, be and stay a “shareholder” at myWorld/Lyconet, and that’s on top of all the purchases and investments one has already made over the years – as always and as before, with no guarantee of ever receiving a return on investment.   

Peter Gruber describes the Elite Seminar in the “August Outlook” as “amazing” and immediately promotes the next Elite Seminar on July 6th and 7th of 2024, where the currently advertised “MSP Asia” will be activated on site. Tickets are again sold in “packages”, we remember top marketer Larissa Poppel, who then tried to get rid of her remaining tickets shortly before the start of the elite seminar, in combination with an educational video and a mailout. She probably made more money doing this than any with “incentive” at Lyconet, that is because of her status and position as a top marketer.  

Sharif Omar once again talks about the “20-year Anniversary of Cashback” and that although they tried to sweep a connection to Lyoness under the rug for years. As a matter of fact, Lyoness Europe AG is the company that Hubert Freidl founded 20 years ago (2003) in Switzerland, and not myWorld/Cashbackworld. MyWorld will, according to Sharif Omar, allegedly introduce one of the first e-wallets on the European market, in cooperation with Sky 2, which should bring live cashback to the customers, and one should be able to use the myWorld app like one’s own bank account and pay with the app at merchants.    

Finally, Peter Gruber informs about “sales incentives” for so-called “referrals”. If a marketer from the downline places a “one-time order”, one receives the same benefits – classic MLM culture. Such sales incentives are also available for recommending the Elite Club membership

Questionable KYC forms without consideration of the consequences for marketers! A NO is not accepted by the system. 

The KYC forms seem to be a form of coercion. All the questions and forced concessions and it couldn’t get any worse.   

We have accompanied the kyc process with various marketers and there is no way this is voluntary information. It is alleged that many leaders guided their downline through the process. The marketer trusted his upline enough to inform him but can’t even remember the most important questions in the process. Each marketer told us that if they had noticed said questions, they would never have agreed. “She just clicked through and asked me about my personal circumstances” they state repeatedly.   

Each marketer told us that if they had noticed said questions, they would never have agreed. “She just clicked through and asked me about my personal circumstances” they state repeatedly.   

One marketer reports “with the switch and the IPO, there was supposed to be a cloud payout at last, otherwise I would never have agreed to it. Now I’m supposed to wait several more years, but for what?”

Just look at the process and the

questions themselves, a NO is not

accepted by the system. On the

contrary!

Source: Marketer

“By selecting this option, the application cannot be completed”  

This notice was displayed for every question, so the marketers were forced to agree to the points when in fact they did not. Whether the marketer himself or the leader gave the consent must be clarified in detail. According to our information, the so-called leaders rushed marketers through the process.   

Here are the relevant questions from the video again, which have to be clicked with YES:

  • I have been informed about the opportunities and risks of the investment form of registered preference shares at issue.   
  • MyWorld and Lyconet have not made any oral statements that cancel, mitigate or relativise the risk disclosures in this client profile.   
  • Lyconet has not made any oral promises of success, forecasts of returns or other promises that differ from the documents of the issuer myWorld International AG.   
  • I have decided to acquire the Registered Preference Shares after careful consideration.   
  • I am aware that there is no secondary market or regulated official trading for this investment and that the sale of the registered preference shares is only possible with the consent of myWorld International AG and could also have negative tax consequences.   
  • I have been informed in detail about the risks of the registered preference shares in question, in particular about the risk of losing the entire capital.   
  • I am aware that the past performance of the registered preference share does not permit any statement on the future performance of the investment. A forecast, projected return does not constitute a promise or statement of a specific probability of occurrence.   
  • I have been advised that I am responsible for my own taxation.   
  • I am aware that Lyconet and myWorld are not tax consultants.  
  • If I have any tax questions, I have been advised to consult a tax advisor.  
  • I will inform Lyconet and myWorld immediately of any changes in my personal circumstances etc. If I fail to provide this information, I will have to bear any resulting disadvantages myself.    
  • Lyconet is obliged to monitor the developments of my investment and to notify me of any changes.  
  • I agree to receive a copy of this application/these application forms at the time of the issue of the share. 

The courts will have to determine how this forced switch is to be assessed under criminal and civil law. The forced switch from Lyoness to Lyconet at the time was also appropriately assessed by the courts. 

The myWorld share and its miraculous increase! Leader Jean-Paul Schoor lied to his marketers about the firm that supposedly accompanied the IPO!  

There seems to be no scruples at all at myWorld International AG. Not even 48 hours have passed since Hubert Freidl issued the company shares of myWorld International AG with certificates and the share price is already fixed at € 590. How stupid do they think the marketers are?  

How was this value suddenly generated? The share will never be traded on a free market, that is certain, and it was never intended by Hubert Freidl in the first place.  

The fairy tale of the IPO was only put out there to restore the marketers’ faith.  

The myWorld International AG can set the value arbitrarily, the owner cannot trade the share anyway, only perhaps exchange among themselves with the consent of myWorld.  

This certificate is nothing more than a receipt for how the

marketer has devalued his already deposited money in €500

increments into company shares.  

Top leader Jean-Paul Schoor claimed in his online seminar (Recording available!) that the renowned Austrian law firm Dr. Samhaber & Partner Vermögensverwaltungs AG would accompany the IPO of myWorld International AG.  

When asked, this was immediately and explicitly denied; rather, Dr. Samhaber was contacted by the public prosecutor’s office as a court-sworn expert on “restricted shares”.  

The law firm Dr. Samhaber & Partner Vermögensverwaltungs AG, contrary to Mr. Jean-Paul Schoor’s representation, has absolutely and demonstrably nothing to do with this farce of an IPO.  

How does Jean-Paul Schoor come to sell such a lie to his marketers? 

EliteSeminar Gelsenkirchen – No IPO took place! “You’re all shareholders now”, that’s it. Frustration amongst marketers! KYC process becomes part of criminal proceedings.    

The fact is: For marketers who still have parts of their brain intact, it is now time to leave Lyoness/Lyconet/myWorld and consider all legal steps!  

Most of the elite seminar’s visitors attended the event because of the announced IPO, which required strong nerves and a lot of patience.  

We could publish entire books with all the announcements, forecasts and promises of Jean-Paul Schoor, Larissa Poppel or myWorld itself. After this event and “the big IPO” in Gelsenkirchen, we are more than curious to hear their explanations.  

Source: Gelsenkirchen 07/08/2023

Before we get into the unnecessarily lengthy event, we deal with the most important topics right away: Hubert Freidl, the IPO and the KYC process.  

The CEO of BE Conflict Management Inc. Ben Ecker attended the event live and finds clear words:

“This event’s only purpose was to further stall the marketers, while the big, announced IPO was dealt with within three minutes. The marketer got his company shares, which they call stock, that’s it. Congratulations, dear marketers, now you have converted your money, which has gone into country packages, clouds, EX etc., into alleged company shares of the myWorld International AG. In the last few days, myWorld International AG has increased its shareholding to 100 million euros, but this does not mean that the equivalent value has also been deposited. Rather, space was created to dump the liabilities on marketers, for the purpose of consolidation.  

B.Ecker CEO

This is how you turn short-term debts into long-term debts. Hence the registered shares with restricted transferability, which can only be traded with the consent of myWorld. In this way, Hubert Freidl can once again avoid paying off the clouds for another few years. The marketer believed in freely tradable shares and now has company shares that are neither tradable nor represent a stable value. The balance sheet of myWorld International AG has been published and speaks for itself.   

 The KYC process, with its questions that can only be answered with YES, is pure fraud. The marketer is forced to tick YES, otherwise he will not get further in the process. This reminds me of the switch from Lyoness to Lyconet 9 or 10 years ago, when the marketer was also forced to check the box. We have documented this new forced changeover and will submit it to the public prosecutors”. (This is a personal and neutral assessment by CEO B. Ecker!) 

Source: Hotel Düsseldorf 08.07,2023

The IPO in question was a farce:

in exactly 3 minutes and 16 seconds Hubert Freidl declares

to his marketers “You are now shareholders” and plays a

video in which a certificate seems to be the measure of all

things. So, what does the myWorld shareholder own now?

NOTHING, that’s right! But why?  

Source: Gelsenkirchen 07/08/2023
Source: Marketer

This so-called share is nothing more than a company share at 500 € of the money already deposited, which is shown on the certificate that one share equals 500 € by myWorld International AG. One week before the elite seminar, the number of shares quickly increased to 100 million, but the share capital did not increase! Presumably and according to logic, the money already deposited by the marketers is now being used for consolidation. Consolidation is understood as the conversion of short-term debts into long-term debts. And so, Hubert Freidl has his marketers firmly under control, with restricted shares, because the company share may only be sold or disposed of with the consent of myWorld. The capital is tied up and even in the event of a total loss, the shareholder has no claim to a refund, because that is what a marketer must agree to in the KYC process.  

And again: there’s a light of hope for all the injured parties because this switch is more than questionable as the marketer was forced to switch.  

The marketer has no choice but to tick the wrong box against his better judgement!  

More on this in the next article  

Gelsenkirchen 2023: Shareholder or not?  

In a new online video directed to Lyoness/Lyconet/myWorld members, top marketer Larissa explains how to allegedly become a shareholder at the Elite Seminar in early July. According to her the MSP factsheet contains all the guidelines that are relevant to the “IPO”. Basically, however, it is about how Hubert Freidl’s IPO binds the members to the company for further years without paying out.

Through benefit vouchers or shopping packs acquired in the past, one has accumulated MSP in the Lyconet APP. The MSPs are to be converted into official “shares”, starting from July until the end of the year.    

Source: Member anonymous

Now one is to accept so-called “optimizations” in the backoffice of the app. The accumulated Benefit Voucher Points are doubled and converted into Shopping Points. One Shopping Point suppsedly equals one Euro. She also claims that there are different ways to redeem your Shopping Points in actual cash. But if this were the case, every marketer who has been waiting for their money for years would do exactly that instead of spending money on a ticket while having to continue to have faith. 

To get your “shares” you have to register in the app by the end of July. Since this is regarding “shares in the long run”, it is additionally necessary to upload personal data in a KYC process (know-your-customer process). This is an advantage, she claims, because at the Elite Seminar you get all the shares activated and an additional 10% is given, plus you can sell your shares earlier if you register by the end of June. If you’re not at the event, you can still do that afterwards, but you’ll have to activate your “shares” yourself by shopping via the myWorld shopping community.  

So how does the value come about? One would have to distinguish between MSP and shares, which are not the same value. In this chart, the marketer has a Personal Score of 21,546.66, and his share entitlement is half of these points in euros. Interesting how this calculation is done. In any case, one supposedly gets shares worth 10,773.33 euros. Whether that would be 40,000 or 3 shares, if the company ever goes public. Additionally, the total value of the company myWorld International AG is highly questionable.   

Source: Member anonymous

Due to the required activation, Marketer Larissa suggests to the participants to come to the Event in Gelsenkirchen, since one is “guaranteed” to get all their shares activated. Of course, this is not completely altruistic on her part, because she has pre-purchased tickets in a package and apparently, she still has to get rid of them. Smart, because in her 6 years at Lyconet Larissa has understood how to really make money: by squeezing your downline even more and asking for more investments on top of the money already spent. 

Source: Member anonymous
  1. Optimize Backoffice 
  1. Get a ticket for the Elite Seminar, don’t hesitate to contact me! You can either buy a ticket yourself via the Lyconet App for 399 Euro or you can buy it from me with at least 100 Euro discount! 
  1. Go through the KYC process in the Lyconet App until the 30th of June 2023! + plus, work through the application form in WEB BROWSER! 

I am very much looking forward to this IPO on 7 and 8 July 2023!

And a big thank you to everyone who reported directly from the event for us!