Lyconet Elite Seminar in Budapest: A glittering facade, crumbling foundations

The Elite Seminar in Budapest is just around the corner! While a spectacular show has been promised and will certainly be provided by the entertainment, one thing remains clear: the glittering facade is intended to distract from the massive problems in the background in order to attract more paying marketers. For months now, the legal and financial difficulties surrounding Lyoness/Lyconet/myWorld have been piling up, as we have reported in numerous articles in recent months. Participants should be prepared to be confronted with grand promises and exaggerated announcements again – castles in the air that are supposed to distract from the actual crises. Hubert Freidl has always tried to dazzle potential paying members with this ‘bling-bling’ strategy.

However, two of the topics at the elite seminar in Budapest are better left hidden from view: SKAI2 and the Mediabox.

The heavily advertised SKAI2 project has already been exposed as a lie. The alleged cooperation with Mastercard has been publicly denied by the credit card company and the promised ‘innovation’ does not exist. You can read more details and background information in our previously published articles.

The Mediabox, which was touted as a technological breakthrough, turns out to be a flawed device with no real added value. It is a copied idea called SMARTY-TV from a Polish inventor, whose implementation is questionable and the copyrights are unclear. These projects show that the company continues to rely on false hopes and deception.

A glittering facade, crumbling foundations

In addition, the legal basis of these companies is increasingly faltering. Insolvency proceedings and lawsuits are pending in various countries that expose the company’s questionable business practices and bring them before the courts.

Despite all these developments, the elite seminar in Budapest is being staged as a glamorous event to emotionally captivate the participants. However, anyone who is dazzled by the show should be careful. Behind the grand promises lies a ramshackle system on the verge of collapse. Remain sceptical, inform yourself on the internet and question the ‘success stories’ that are presented to you – it could be the last-ditch attempt to save the sinking ship.