I've seen posts about sales reps making $50,000 to $150,000 per year.
What they are doing is creating "Lounges" for 500 nursing schools by copying information from the websites for the nursing schools and then asking independent contractors to contact the schools and ask them to get their students and alumni to register. Nobody is paid anything for working for the Nurses Lounge. At some point, if these free contractors succeed in getting thousands of nurses to register they will have the "opportunity" to earn commission on sales of web banners, job postings, etc.
There hasn't been a magazine in Chicago for over 2 years. The only magazine that has published in the last few years was the one in Dallas-Fort Worth and it has only published once since May and it lost money.
One of their contractors managed to sell a sponsorship to an online Pennsylvania Directory of Professional Nursing Programs. If you log into the Nurses Lounge website and visit the Pennsylvania Lounge and do a search and then click on member activity in the last 3 months you'll see only 17 members have visited the Pennsylvania Lounge. 2 of those are the independent contractors. There is not one single news item posted in the Pennsylvania Lounge. This poor sponsor paid for a directory viewed by about 15 people in 3 months.
On the new MCGI site which is now relocated to Nurses Lounge there hasn't been a required 10Q post to the SEC in 7 months. Aren't they supposed to be posted quarterly?
Anyone can buy a url and post 500 free nursing schools on it and hire free workers to get try to get members to join. This is hardly worth anyone's investment.
Even in the home town of it's magazine, which has run full page ads and 2 page articles monthly for years and mailed it to the homes of nurses month, there are only 1,800 members after several years of trying. This is with face to face meetings, phone calls, etc. Of those 1,800 members only 190 have visited the site in the last 3 months. Hardly a going concern.
I suspect most of the positive posts on this board are by the owner.
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