Skip to main content
Passive Income Autopsy

Case #012

The Income Disclosure Statement That Discloses It Has No Income Data

Botanic, LLC published an income disclosure on 28 July 2026 saying it cannot calculate typical earnings. Nine days later it published a bonus table topping out at $50,000.

The claim

The Compensation Plan is titled “Seven ways to earn. One clear path to grow.” Two of the seven are stated as fixed dollar amounts, and those are the numbers that travel.

Rank Achievement Bonus — a one-time award at each Director rank:

Rank5K10K25K50K100K250K500K
One-time bonus$500$1,000$2,500$5,000$10,000$25,000$50,000

Rank Maintenance Bonus — paid monthly, based on the highest Director rank qualified for that month: $100, $200, $500, $1,000, $2,000, $5,000, $10,000 across the same seven ranks.

A $50,000 bonus and a $10,000 monthly payment are real numbers in a real published document. They are also, on the company’s own account, numbers that describe the mechanism and not the outcome.

The evidence

The Income Disclosure Statement is unusually explicit, and the most useful part is not the admission. It is the list.

Under “Future Updates,” Botanic states what a later disclosure “may include,” and in doing so publishes a working definition of what an income disclosure statement is supposed to contain:

  • The percentage of participants who earned no compensation
  • Gross compensation ranges
  • Median and average gross compensation
  • Rank attainment information
  • Typical participant expenses
  • Estimated results after expenses
  • The reporting period and calculation methodology

Seven items. The current disclosure contains none of them, which the company does not hide: “Botanic intends to update this Income Disclosure Statement when sufficient reliable operating data becomes available.”

Exhibit A — the seven figures Botanic says a disclosure may contain, against the number it currently reports

EARNINGS FIGURES BOTANIC NAMES FOR A FUTURE DISCLOSURE 7 EARNINGS FIGURES IN THE DISCLOSURE PUBLISHED 28 JULY 2026 0
Both figures are the company's own. The seven-item list is quoted from the "Future Updates" section of the Income Disclosure Statement effective 28 July 2026; the zero is the count of those items present in that same document.

The plan carries its own warnings, and they are not buried. On the Matrix illustration: “This Schedule is structure example, not an earnings projection. This assumes every physical position at a level generates a qualifying Membership event and that the recipient independently meets all Matrix requirements.” On the bonus tables: “The highlighted 50K example demonstrates the rule; it does not represent a typical or expected result.” And in the disclosure: “Any hypothetical Matrix, Uni-Level, rank, commission, or bonus illustration is provided only to explain the mathematical operation of the Compensation Plan… A fully populated organization or achievement of a particular rank may be uncommon and should not be presented as a likely outcome.”

The Matrix is where “explains the mechanism” and “describes an outcome” come apart most visibly. It is a 3-by-7 forced matrix paying $1 per qualifying Membership event per payable position. The company’s own schedule:

Matrix level1234567
Positions3927812437292,187
Total at that level$3$9$27$81$243$729$2,187

Exhibit B — Matrix positions required, level 1 through level 7

FILLED POSITIONS REQUIRED AT EACH LEVEL — $1 EACH L1 — 3 L2 — 9 L3 — 27 L4 — 81 L5 — 243 L6 — 729 L7 — 2,187
Bars are drawn to a common zero-based scale, so the level-7 bar is 729 times the level-1 bar. The dollar figure and the headcount are the same number by construction: $1 per position. Botanic's own caption on this schedule reads "This Schedule is structure example, not an earnings projection."

The plan also states, flatly: “No compensation is paid merely for recruiting, sponsoring, or enrolling a Distributor,” and its own FAQ answers “Can I earn simply by recruiting Distributors?” with “No. Free enrollment generates no PV, BV, commissionable value, commission, or bonus.”

On the cost side, the disclosure is specific where it can be. Affiliate enrollment is free and requires no purchase. Above that: “The Botanic Membership, currently $19.99 per month, when required for Active and Commission Eligible status.” Optional Starter Bundles, samples, advertising, events, travel, technology, business supplies, taxes and payout-provider fees are all listed as possible expenses. And: “Compensation shown in TeamSpace or reported by Botanic is gross compensation before the participant’s expenses and taxes. Gross compensation is not the same as net profit.”

What the evidence supports, and what it does not

Supported. That as of 21 August 2026 Botanic, LLC publishes a compensation plan with bonuses up to $50,000 and a membership priced at $19.99 per month, and simultaneously publishes a statement that it cannot calculate statistically reliable typical earnings, expenses or profits. Both documents say what we have quoted them as saying.

Supported. That the company instructs its own participants not to fill the gap themselves: “Until Botanic has sufficient reliable data to publish representative earnings information, participants must clearly state that Botanic does not yet have statistically reliable typical earnings data and that individual results vary.” That is a real instruction with a real compliance burden, and it is more than many far larger companies put in writing.

Not supported — and we are not going to imply it. That anyone has earned a Rank Achievement Bonus, or failed to. That the Matrix has ever paid out at level 7, or at level 1. That participants lose money on average, or make money on average. We have no participant data because there is no published participant data, and inventing a direction for a number that does not exist is the exact failure this site was built to document.

Not supported. Anything about the products, the shipping, the ingredients, or the company’s regulatory standing. We read two documents about compensation. That is the whole basis of this autopsy.

Cause of death

The claim does not die of falsity. It dies of unmeasurability, and the death certificate is signed by the company.

An income disclosure statement exists to convert a compensation plan from a description of a mechanism into an estimate of an outcome. The plan says what happens if you fill 2,187 positions. The disclosure is supposed to say how many people fill any. Strip the disclosure of all seven of its figures and the plan reverts to what it was before: arithmetic about a hypothetical organisation.

The honest reading is that a prospect is being asked to make a decision the company has told them, in writing, it cannot yet give them the numbers for. That is not a lie. It is a decision made in the absence of the only evidence that would inform it, which is a different thing and a more common one.

Note also that “no operating history” is not a permanent state. It is the state every new company is in, and it expires. Which is why the useful move for a reader is not to judge this company today. It is to keep the seven-item list.

What would change this verdict

The company has already told us exactly what would.

If Botanic publishes an updated Income Disclosure Statement containing the seven items it named — the percentage of participants who earned no compensation, gross compensation ranges, median and average gross compensation, rank attainment, typical expenses, estimated results after expenses, and the reporting period and methodology — this becomes an answerable question, and we will answer it. A disclosure showing most participants earning nothing after expenses would move this to BUSTED. One showing a meaningful share clearing their costs would move it toward CONFIRMED.

Until then, the verdict is the same one the company published: not enough data.

Use the list. Before any income opportunity, open the income disclosure and count how many of those seven figures are in it. Then check whether the number you were shown in the pitch appears anywhere in that document. On the evidence here, a company can publish a $50,000 bonus tier and a zero-figure disclosure on the same website, nine days apart, and be entirely consistent while doing it.


A note on identity. The subject of this autopsy is Botanic, LLC at shopbotanic.co. A separate and unrelated business, a garden retailer, operates at a similar domain ending in .com. They are not the same company and nothing here concerns the latter.

Documents read: Income Disclosure Statement (effective 28 July 2026) and Compensation Plan (updated 6 August 2026), both retrieved 21 August 2026.

Evidence log

  1. 01Income Disclosure Statementshopbotanic.co
  2. 02Compensation Planshopbotanic.co

Distribution list

New case files, as they open

One email per case — the claim, the finding, the verdict. No courses, no coaching, no income products, ever. Unsubscribe in one click.