Today we will be reviewing a program known as Seven Figure Formula. Is it legit? Find out in this Seven Figure Formula review.
With each passing day, there are more people looking for “secret” money-making methods and possibilities to turn over nightly fortunes, and there are also more people exploring these prospects.
The Seven Figure Formula, developed by Greg Guenthner, is the latest addition to the growing number of income production strategies that give the impression of being unexpected and appealing.
First of all, I want to offer my sincere congratulations on the fact that you have decided to conduct your own investigation before to investing money in a product that “guaranteed to work”.
This is how you may steer clear of con artists and zero in on a legal means of earning money online.
Before you decide to sign up for this program, you should read this Seven Figure Formula review first.
DISCLAIMER: This is a fully independent review. I’m not affiliated with Greg Guenthner and Jonas Elmerraji in any shape or form whatsoever.
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Seven Figure Formula Review: Quick Details
- Name: Seven Figure Formula
- Owner: Greg Guenthner and Jonas Elmerraji
- Website: N/A
- Socials: Twitter
- Type: Training program
- Niche: Stock investing
- Recommended?: Stock investing is not profitable for most people, because you need a good knowledge before you can see profits. This is the reason why I recommend you start better opportunities instead which can work without prior knowledge.
What is Seven Figure Formula?
The Seven Figure Formula is an investing strategy that, according to its marketing, is designed to demonstrate regular people like yourself how to transform small investments in penny stocks into substantial income.
In case you don’t know, a penny stock is nothing more than a stock that can be purchased on the stock market for a very cheap price.
At the very least, the developers of the system assert that it will enable you to multiply the value of an initial investment of $100 into millions.
In the video that can be seen on the internet, an undiscovered method that has the potential to produce unimaginable income is advertised.
In spite of the fact that it appears to be very impossible, the vast majority of promotional videos prefer to distort facts in this way.
In the movie, we are introduced to a “shy man from Maryland” who has, via some means unknown to us, discovered or invented an astounding formula to boost returns on investments.
The presenter in the video discusses penny stocks and how this method forecasts the shootings a significant amount of time in advance.
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Who runs Seven Figure Formula?
Greg Guenthner and Jonas Elmerraji are seasoned stock market professionals who have earned a name for themselves on Wall Street. They are also the masterminds behind this program.
The Rude Awakening and Profit Spy are both financial journals that are managed by Agora Financial, and Guenthner is the editor of both of these magazines.
Elmerraji, the math wiz behind the computer software, has been working with Guenthner at Agora Financial.
Both of these gentlemen have been profiled in prestigious publications like the Wall Street Journal and Forbes, demonstrating that they are well-versed in the topic at hand.
Having said that, this does not necessarily indicate that the system they are offering is a credible one.
I feel obligated to point out that this raises questions about Agora Financial’s legitimacy because of the consistent backlash it receives for engaging in questionable business practices.
Agora Financial is connected to a few more opportunities for making a profit that are of a same kind, and each of these opportunities contain facts that are false, sensationalized sales pitches, and claims that are pretty unrealistic.
Seven Figure Formula Overview
As was said previously, the primary goal of the technique is to multiply your initial investment of one hundred dollars into millions of dollars by capitalizing on the potential gains of penny stocks.
In order to participate in the program, you will need to select one of the following membership options:
At the time of this writing, the Platinum Plan is quite a bit more affordable than the Gold Plan; nevertheless, judging by their pricing structure, I do not believe there is quite a gap between the most affordable plan and the most costly plan.
That is to say, you are receiving the same package, but at a different cost, and selecting the Platinum Plan does not in any way qualify you for a bonus or any other type of incentive.
What is included in the program?
- Monthly Newsletters. These publications forecast the performance of particular equities and identify those shares of stock that will bring you a return on investment of more than one hundred percent within a year.
- Weekly Updates. In most cases, these weekly updates information about various businesses and chances for financial investments.
- The Monthly Seven Figure Formula Penny Stock Report. This report allows you to receive an email with all the most recent information on penny stocks as soon as it becomes available.
- The Seven Figure Formula, Revealed. This is a comprehensive manual that explains how the formula works and helps you understand how the computer software operates.
- The Seven Figure Formula Hotsheet. This is an inside glimpse at their secret formula, and it is intended to provide you with knowledge and an understanding of how your assets are functioning.
You will also get access to trade videos, question-and-answer seminars, and a website reserved only for subscribers.
In addition, the website asserts that if you join up, you will receive the “secret formula” to investing and a detailed explanation of how it operates.
When you join up for the system, you’ll get a few freebies, but other than that, there isn’t much information supplied about them.
Factor 148 – The Magical Formula
The “magical formula” that they use is known as the Factor 148, and it is rumored to be capable of predicting surges in the market for penny stocks.
There is no more information that can be found regarding any history that is associated with their recipe, much alone the idea behind it.
The only thing that this website is meant to be able to accomplish is assist you in making more profitable deals in penny stocks.
These stock marketers are using this strategy as a promotional tool since they don’t want to explain the reasoning behind their formula.
However, this strategy is practically nothing more than a promotional gimmick.
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Is Seven Figure Formula a Scam?
Seven Figure Formula is a legal trading method that was established by two industry professionals that are well-known in the financial world.
Nevertheless, I am dismayed that they have developed a system (and many more) that does not live up to the standards set by their clientele.
As a result, I am unable to suggest that anybody participate in this program.
In addition to making use of fraudulent testimonials to market their system even further, this firm’s product as well as the company itself have received very low ratings from the Better Business Bureau.
They sell things that either do not function properly or, at the very least, fail to live up to the standards set by their customers.
Because investing in the stock market is a potentially risky way to generate money, you want to be sure that every penny you spend is worth it.
Believe me when I say that Seven Figure Formula is not worth your time or money in any way, shape, or form.
Final Verdict – Seven Figure Formula Review
My opinion is that it will not live up to its boasts of being able to make you money in the way that it is being advertised.
If they were indeed capable of guaranteeing profits of that magnitude, then there would be no reason for them to provide a disclaimer of any kind.
The problem is that even if you do find a disclaimer on their page, you still shouldn’t put any stock in what you have to say.
The second piece of unfavorable information is that the vast majority of the further Seven Figure Formula reviews that can be found online emphasize the excessively expensive initial payment that is required.
Several individuals stated that they have heard estimates reaching up to $20,000.
When it comes to investing, there is always an element of risk, thus that amount of money, in my opinion, is simply too much to put on the line given that eventually there is always a possibility of loss.
Because of this, I make it a point to steer clear of it and instead rely on tried-and-true approaches that don’t include any potential for loss in my financial transactions.
Because of this, and despite the fact that I have determined that The Seven Figure Formula is not a scam, I will not be recommending it to anyone because, in my opinion, it is not really a good opportunity to join, and after reading this review, I hope you will be able to understand why I have come to that conclusion.
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