iZigg is a new MLM company that promises wealth based on text message advertising.

Let’s state the obvious: Texting is a big trend.

Now let’s state the not-so-obvious: The cast of characters behind iZigg are the same bunch who were closely involved with Burnlounge, where the FTC filed a lawsuit and shut them down.  Then they went on to another company called LocalAdLink, another alleged scam that had people paying a bunch of money to get listed on Google.

The players:

Brian Underwood:  Master Distributor Burnlounge, National Sales Director, LocalAdlink

Dr. Scott Elliott: FTC vs. Burnlounge (sued by the FTC), then heavily involved promoting LocalAdLink

Jason Borne: VP and Founding Partner in Burnlounge, Founding Partner in LocalAdLink

Opinion:

This is a classic “lots of hype” money game that will not last. If you don’t believe me, here is a list of companies that I said the same thing about.  How are they doing today?

  • iJango
  • Burnlounge
  • YTB Travel
  • MyMusicTicket
  • BioPerformance
  • Ad Surf Daily (ASD)