Magnacasa is a MLM Company, a Malaysian Company, started around 1988, selling Holiday Packages.
Their marketing plan is Matrix of 3 all the way down. 3 people, 9, 27, 81, so on.
There are 14 such companies with this kind of Marketing Plan. All these companies closed down. Magnacasa closed down around year 1990. These type of Plan lasted for 2-3 years, that is their life span. Non survive more than 3 years, to named a few, Giffrah World, Asian Diamond, Century Diamond, Fitti.
All these 14 companies only require a ONE time buy / ONE time purchase / ONE time payment and NO monthly maintenance.
Magnacasa Certificate Of Achievement. When you joined, you a named as a member, then go up to the position named as Pearl Member, then Ruby, Emerald, Diamond and another 2 stages, then the highest is called Crown. There are only 1-2 Crowns, then the company closed.
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Authored by kevinn on 8th April 2011
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