Easy Chair Club / Ponzi scheme
That is the biggest load of bull**** I have ever heard. This is a ponzi scheme, plain and simple. Don't believe me? From their website:
Your recruitment - First, YOU get recruited. This is often accomplished by you signing up on a web site. Often you had to pay money to join. If you did not, you will usually be asked for money at some stage in the program. (That's how people in the program get their money, through the money of new people signing up.)
There isn't even a product. They don't even pretend to be MLM.