Welcome to my Barrel Review!
There has been some buzz about this company because of their crazy ROI claims but I decided to check it out for myself.
Chances are someone approached you about the business opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through everything so you can make the right decision.
Just make sure you pay close attention and read this to the end…
Barrel Company Review
Barrel doesn’t give you any information on who runs the company or owns it.
I do know that the Barrel website domain “barrel.company” was privately registered on August 10th, 2017.
Barrel was incorporated in Arkansas October 13th, 2017 and goes by the company name American Barrel LLC.
However, the website itself sounds like it’s not from the USA.
If you look at their traffic stats, most of it’s coming from Russia and Ukraine which is odd for a US based company.
Anyway, let’s take a look at the products next inside of this Barrel review…
Barrel Products
When I took a closer look, I found out Barrel doesn’t have any retail products or services, but you can promote the actual affiliate membership.
Because of that, it doesn’t make our list of the top 30 mlm companies.
Alright let’s take a look at the compensation plan next inside of this Barrel review…
Barrel Compensation Plan
There are two ways you can make money inside of this company.
First way is to invest money/bitcoin on a promised ROI the second way is to sponsor new people into the company.
Barrel Investment Opportunity
Barrel affiliates put in USD or Bitcoin on a promised they will get some kind of ROI when they invest in a plan:
- Plan 92 – Invest $10 to $1000 (0.0015 to 0.15 BTC) and receive a 140% ROI in 20 days
- Plan 92+ – Invest $100 to $1000 (0.015 to 0.15 BTC) and receive a 140% ROI in 15 days
- Plan 95 – Invest $1000 to $10,000 (0.15 to 1.5 BTC) and receive a 160% ROI in 20 days
- Plan 95+ – Invest $1000 to $10,000 (0.15 to 1.5 BTC) and receive a 160% ROI in 15 days
- Plan 98 – Invest $10,000 to $50,000 (1.5 to 8 BTC) and receive a 200% ROI in 20 days
- Plan 98+ – Invest $10,000 to $50,000 (1.5 to 8 BTC) and receive a 200% ROI in 15 days
- Plan Diesel – Invest $30,000 to $150,000 (5 to 25 BTC) and receive a 500% ROI in 25 days
- Plan Diesel+ – Invest $100 to $5000 (0.015 to 1 BTC) and receive a 1000% ROI in 50 days
Barrel Referral Program
This is the second way to get paid and basically you earn commissions on people you sponsor who invest money into one of the plans above.
This is through a unilevel compensation plan and you get a percentage of the investments.
- Level 1 (Personally sponsored affiliates) – 7%
- Level 2 – 2%
- Level 3 – 1%
There is one override which can earn you more commissions.
If you get someone to invest $10,000 or more, you can earn 10% level 1, 3% on Level 2.
Cost To Join Barrel
Barrel affiliate membership is free, however, you can only earn on referral commissions.
To be part of the investment opportunity, you must put in at least $10 or 0.0015 BTC.
Why The Negative Barrel Reviews?
Most bloggers out there call everything a scam and promote their own business.
Now, I do offer something, but I do NOT call everything a scam.
If a company is 100% legit, I call it how it is…
I have reviewed 100’s of companies in the past so I do offer my personal recommendation because I have tested it for myself.
I never offer anything that isn’t personally tested by me and where I know it will give my members a ton of value.
Anyway having that said, let’s get into the verdict on this Barrel review…
Verdict On Barrel
When I checked out their website, Barrel claims to be a:
company-importer of petroleum products engaged in the supply of fuel from the Middle East and Africa.
We purchase raw materials from oil companies at wholesale prices then sell it refineries and factories.
Now if this is true, why would they need your investments because apparently they are established right?
WHY DO WE NEED FUNDING FROM THE OUTSIDE:
Shale of Texas is rich in hydrocarbons and oil and gas extraction here is the best native activities.
We decided not to stop there and planned new development.
Our main problem is the lease of land for private oil production. Reformatting company in the oil – lead us to a new level in trade.
At this stage we have leased a small plot of land in the South of Texas and received permission Commission on drilling.
Also, we bought the equipment which is now under construction.
I looked into this “Shale of Texas” and found out it doesn’t exist…
Plus they operate from a P.O. Box number in Arkansas and are run by people we don’t even know (they are anonymous).
Why would a legit oil based company have a P.O. Box number and not mention any CEO?
Plus if they were legit they would register with the SEC in the US because that’s a must when you offer any kind of ROI in an investment.
Let’s just do some simple math here…
If they can pull in 500% ROI every 25 days, why would they need your investments?
I am sorry to say but this is straight up a ponzi scheme and I don’t want you to get screwed over.
Maybe you already kind of seen that coming, but hey there are people out there who are new and don’t know any better.
Anyway, because of that I rate this company the following:
I hope you enjoyed my Barrel review and if you have any questions, feel free to ask below anytime.
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