Whether or not WCVC is a 'share selling scam', I think you don't understand what a Ponzi scheme is. One definition found readily on the internet is:
"a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors."
From all the evidence I've seen, Illegal Burger restaurants do exist, so WCVC isn't a "nonexistent enterprise".
Maybe WCVC is another kind of scam, but it isn't a Ponzi scheme.
I am curious to know why WCVC stock is at .0001 (with the occasional market-maker only .00009 trade), though I suppose it could be because the company isn't turning a profit yet. (And I note that the latest quarterly report isn't out yet.)
However, the fact that they have their first franchisee indicates that someone else also thinks the business is real, and will make money for them.
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