myWorld’s – Announcement to its “Shareholders”: myWorld International AG is not a publicly listed company!
The much-anticipated IPO will not happen—shares will remain worthless, even though an “internal trading platform” is expected to be introduced in January 2025.
The originally grand vision of bringing myWorld International AG to NASDAQ has long been scrapped behind the scenes. Despite numerous seminars and calls promoting the big IPO, it is now clear: such a listing will never take place. The myWorld Share Points (mSP) allocated to marketers as part of the myWorld Share Program will ultimately remain worthless. The program mainly serves to keep marketers motivated to continue investing in the system—be it through purchasing SP Packs, recruiting new partners, or participating in career-level events.
Translation of the message (right):
Hello XXXXXX,
Thank you for your enquiry.
myWorld International AG is not a listed company and therefore the registered preference shares are not listed or traded on a public share portal or on an international stock exchange (e.g. New York Stock Market, Yahoo Finance, Bloomberg, Google etc.). The company is not ‘listed’.
The received registered preference shares are subject to a blocking period. The personal registered preference shares in myWorld International AG that a Marketer receives are subject to a blocking period that ends 18 months after receipt of the registered preference shares by the Marketer.
The registered preference shares cannot therefore be sold before the end of this blocking period. This information is contained in the document ‘myWorld International Share
Program Fact Sheet’, which is available in the Lyconet Media Center and can be read by every Marketer. Due to the restricted transferability of the registered preference shares, a sale is only possible with the consent of myWorld International AG.
After the 18-month lock-up period has expired, myWorld will release an internal trading platform for the registered preferred shares and provide the process for using the platform. Shareholders will be able to trade shares internally on the new platform. All transactions require the approval of myWorld International AG and are only carried out for a specific closed group.
All information about the myWorld International Share Program (including registered preference shares) can be found in the document ‘myWorld International Share Program Fact Sheet’.
This is available in the Lyconet Media Center and can be read by every Marketer.
If you have any additional questions about the preferred shares of myWorld International AG, please also take a look at the FAQ section on the corporate website, where we have already compiled the most important answers for you.
Kind regards,
Your myWorld Team
Promises Without Value
From the beginning, the myWorld Share Program was touted as a “generous gift” from the company. However, the reality is different: the collected points have no real value, cannot be converted into cash, and are not officially tradable. Initially, a stock price development similar to major players like Apple, Netflix, Facebook, or Amazon was forecasted. Yet, the terms and conditions already indicated that the stock program could be changed or even terminated at any time without notice, revealing the uncertainties and weaknesses of the program.
Ignorance and Frustration
Since the last elite seminar, during which the IPO was not mentioned at all, frustration has been growing among marketers. Questions in internal social media groups are either ignored or harshly dismissed. Those who ask uncomfortable questions even risk being excluded from these groups. This aggressive reaction from Lyconet representatives raises the question: Why is there such a harsh response to inquiries?
Deeper Problems
The real issue runs deeper. To date, myWorld International AG has taken no steps to achieve IPO readiness. It is now assumed that this was never planned. A successful IPO requires financial stability, liquidity, transparency, and adherence to regulatory requirements—all criteria that myWorld does not meet. Instead, the company has been involved in numerous legal disputes and has been repeatedly classified as a pyramid scheme. Negative headlines and criminal investigations against senior executives, including founder Hubert Freidl, make the idea of an IPO almost laughable.
In addition to the legal issues, the company’s financial situation is precarious. The bankruptcy of myWorld International Limited further highlights the uncertainty within the network. Furthermore, transparency is lacking: complex corporate structures and frequent rebranding make it nearly impossible to maintain a clear overview. Important financial documents and balance sheets are also missing, which further exacerbates the lack of transparency.
A Questionable Future
An internal trading platform has been announced for early 2025, where marketers will supposedly be able to trade their “shares.” However, the possibilities this platform will offer remain to be seen, and expectations should be tempered. More on the ‘internal trading platform’ and the promises made in the next few posts.
Conclusion
It is time for all involved to recognize the reality of this corporate structure and act accordingly. We urge everyone to critically examine the risks of this system and not be misled by empty promises.
Source: Email from marketer / BCR
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