ModafinilCat Shuts Down, Should you Have Your Attorney On-Hand if You’re a Customer?
The ModafinilCat shutdown happened recently, just a few months ago, and it has left customers worried sick about whether or not their data is proprietary, whether or not they should be reaching out to an attorney to cover themselves, and whether or not ModafinilCat was shut down due to FDA and DEA regulations. Given the immense scope of the gossip on other websites and blogs such as Wikipedia, Reddit, and even a number of smaller, personal nootropic blogs like this one, I felt it necessary to write a blog post about ModafinilCat getting shutdown, as well as to shed some light on what may’ve happened to cause them to leave the game. ModafinilCat sold some of the best Modafinil on the net, and were also friends with most of the other nootropic guys on reddit that sold drugs like Piracetam, Aniracetam and Phenylpiracetam.
What is ModafinilCat?
If you’re reading this blog post, it’s likely one of two things happened 1. You’re either a former ModafinilCat customer or are worried about covering your ass after ModafinilCat went out of business, in which case keep reading. 2. You stumbled across this blog post via another link on my blog, in which case if you’re curious, keep reading….but first subsscribe and you’ll get a free sample of nootropics worth over $50.00!
Anyways…so if you’re in the first category, and you’re reading this out of fear, then well…this blog post is for you. ModafinilCat was one of the leading providers of nootropics, had literally thousands of reviews on Reddit, and had quality product. Why did they shutdown, in my opinion? Well, let’s say you’re running an online business that runs on mainly SEO, blogging, traffic and social media branding, and you’re selling something like Modafinil, which is a prescription drug that is Schedule IV in the US, and is illegal to sell and illegal to buy without a prescription.
Just off of their statistics that I could garner up from my SEO wizardry…they were getting around 10,000 visitors per day. Just off a standard conversion rate and what I know a conversion rate looks like from running a supplement website (given their rankings, brand recognition, repeat customers and high risk product, I’m sure their conversion rate was much higher) they were likely making between 500 to 1000 sales per day, at about $50 profit on an average sale.
That’s about $50,000.00 per day in profit, give or take a few thousand in either direction, with this kind of influx, and having been in business for around 3 years,they could have easily profited and banked, over $50-60 Million dollars. That’s $54,750,000.00 if they had just banked all of their profit over the years that they were in business. Now say there were 3 people running the company, and then deduct taxes. IRS is going to take about 40% of that, so you’re left with $32,850,000 (assuming you filed as an S-Corp and aren’t subject to self employment taxes…in which case it’s about 60%).
Divided by 3 people (I’m assumign that’s how many people worked their from what I can gather off of reddit), that’s somewhere around $11,000,000.00 a piece. ELEVEN MILLION DOLLARS, if you had 11 million dollars in the bank, aside from the fact that that’s more money than most people make in their lifetime, you could make around a quarter of a million dollars a year just off the interest of a CD on that kind of money…plus it would compound each year. Aside from that, if you can start a business that makes that kind of money from absolutely nothing, you can damn well be sure that you can start a business like that again if you A. have all that business experience from running a drug empire and B. have $11M in start-up capital of your own money….yeah I probably would’ve just cancelled the website too. Why risk selling prescription drugs on the internet if you’ve got that kind of cash on hand? Especially if you’ve got other…..legal business ventures.
Aside from this, payment processing in the nootropics/pharma niche as of late has been next to impossible to get,
and when you do get your hands on something resembling credit card processing, it’s nothing short of a sketchy Chinese bank, and you constantly are at risk of getting fined $25,000 when someone reports you, the bank deems you too high risk, or just general bs happens, it’s a nightmare, and I know dozens of companies in both nootropics and Pharma that have literally been run out of business by payment processing (including my website…Smartdrugsforcollege.com, which went from making $20,000.00 a month to zero practically overnight) I was forced to sell it for about $20,000.00, as it had no real way of making revenue once our processor had gottens shut-down.
So why would ModafinilCat shut down? Well they probably already had enough money to live the rest of their lives on, and aside from this, it’s likely that their payment processor got shut down. And when card processing goes down, I can tell you from personal experience that it is an absolute nightmare to get it back. All of this combined, and you can start to see why ModafinilCat may’ve just quit. They didn’t get caught, they didn’t get shut down by the feds, and it’s likely that they got lucky as hell, took their money and ran. Congratuations to you guys, you broke bad and pulled it all off, Godspeed.
If you were a former customer and are wondering if you need an attorney, keep reading, and I’ll explain to you why you’re 100% in the clear, even if you were a former customer!
What is Modafinil?
Modafinil is a stimulant drug that is typically prescribed for narcolepsy and ADHD, however, it also makes for a great and powerful nootropic Smart Drug, which has created a black market for its use as a Smart Drug. ModafinilCat cashed in on this black-market significantly, and has such profited off of it. Modafinil is also sold at other outlets, including Modup.net, AfinilExpress.com, Modapharma, and a host of other sites where you can have legitamite Modafinil shipped to your house quitely and discreetly.
Benefits of Modafinil
The benefits of Modafinil and why people used it as a nootropic, were that it increased mood,memory, focus, clarity of thought, and motivation to extreme degrees. Modafinil is the most powerful nootropic known to man, second only to Armodafinil (which ModafinilCat also sold..damn those guys were awesome,) and had crazy-good focus effects that were very similar to Adderall, Ritalin, and other popular ADHD psychostimulant drugs that college students pop like candy during exam week.
Dosage of Modafinil
The typical dosage of Modafinil was 1 to 400 milligrams once per day in the morning. For Armodafinil, the dosage was around 150 milligrams daily. ModafinilCat sold both of these drugs, Modafinil in 200 milligram tablets, Armodafinil in 150 milligram tablets. They were really an awesome company, but I’m glad they’ve moved on to better things!
Side Effects of Modafinil
Modafinil side effects, like any drug, do occur. However for the most part these are relatively mild, and include headache, dehydration, insomnia, upset stomach and loss of appetite. It can also increase or decrease the user’s sex drive (and quite a bit at that I’ll add.) For the most part Modafinil’s side effects are very mild at the worse case that they do actually occur, and can be easily avoided by taking a low dosage, and by eating, drinking and sleeping normally.
Why do People Buy Modafinil Online from ModafinilCat.com
Mainly to increase cognitive functioning and energy levels, as a lot of people in Silicon Valley, start-up executives, Wall-Street bankers, and other high pressure professions do.
Payment Processing, the Possible Death of the Nootropics Industry…
Now this is why I believe ModafinilCat shut down, and why you won’t need a lawyer. It’s likely their payment processor shut them down, they couldn’t accept credit cards, hence had no incoming cash flow, and with the amount of savings they got out of it, that they said screw it and moved on. It wasn’t them specifically, just payment processing for all high risk niches has been getting somewhat difficult to get your hands on in recent years. Why won’t you need a lawyer? Well for one Modafinilcat is totally gone, their site isn’t even available to look at online anymore, it’s like it never even existed. For another, federal agencies can’t go after people based on what a website like ModafinilCat says their data is. If they could, you could easily destroy your enemies by placing orders on fake prescription drug websites with all their same information…hence this isn’t a prosecutable offense.
Why Credit Card Companies Stopped Processing for ModafinilCat
Too high risk, same reason nootropicsdepot, powdercity, smartdrugsforcollege, ceretropic, nootropicscity and a host of other companies credit card processing is down right now.
What did ModafinilCat Used to Sell
Modafinil and Armodafinil, in brand names of Provigil, Nuvigil, Modalert, Modvigil, Walkert, and Artiigil. Great packaging and good quality product too.
AfinilExpress, The new Face of ModafinilCat
They had advertised AfinilExpress as an alternative to them of where to buy Modafinil. However since their website is now entirely shut down and the domain doesn’t even look like it’s registered anymore, it’s likely that this isn’t still the case. I can’t attest for this, as I don’t know anyone who’s ever ordered from AfinilExpress.com.
Other Vendors Where you can Purchase Modafinil Online, Modup.net, Modadvantage.com, and MedsforBitcoin.com
Modup.net, medsforbitcoin.com, modapharma, modadvantage.com, medsforbitcoin.com and afinilexpress.com are all legitamite vendors where you can continue to purchase Modafinil. Now whether or not you can pay with your credit card is another story, as card processing is pretty much shut down and screwed throughout all supplement and pharma related niche markets. If you find something different than this I’d be very surprised, so feel free to comment down below and I’ll take a look at it with regards to this topic.
Final Thoughts on the ModafinilCat Shut Down, What Happened, and if you Should be Worried
So there you have it! It’s likely that ModafinilCat shutdown for one of two reasons
- They made so much money that they said screw this high risk business, I’m buying an island…which is my guess of what happened personally (that’s what I’d do anyways.)
- Their card processor got shut down, which I also would not be surprised at all to hear if this was the case, as it went down for my nootropics website Smartdrugsforcollege.com, and that was a legal website selling supplements, not a blackhat Pharma website.
You shouldn’t need a lawyer if you were a former customer, so don’t be worried. And remember, you heard it first right here at Nootropics University, the best online blog for all updates on everything nootropics. Nootropics and Smart Drugs are powerful supplements that provide great cognitive enhancement for your brain,and I’d recommend them for all users that are in good, regular health and that are looking to improve cognitive functioning and longevity over the long-term. Nootropics include Piracetam, Modafinil, Flmodafinil, Hydrafinil, Armodafinil and literally hundreds of other powerful Smart Drugs, synthetic and otherwise, click around on the categories of our blog for more details on each of these nootropic compounds! Don’t forget to subscribe and claim your free sample of nootropics worth over $50.00! You’ve already spent the time to read this entire blog post, might as well get a damn good reward for it right?!
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