A Wyoming shell corporation is the listed address for Momentum Tech, a multi-level marketing operation selling what insiders call "AI slop"—low-quality artificial intelligence content. Co-founders Ed Garza, the CTO, and James Penny, the CEO, lead the company, which employs executives with unconventional titles like "The Networking Diva."
James Penny has a history with pyramid schemes. Before Momentum Tech, he promoted The Great Discovery, a monthly subscription service that operated as a front for a pyramid scheme. Stan Harris, a significant investor in the notorious OneCoin cryptocurrency fraud, was a key figure in Penny's prior venture. Harris later participated in other multi-level marketing operations, including Kingdom Wealth Alliance, MyDHLife, and FreeMart, all of which followed a pattern of recruitment, money extraction, and eventual collapse.
The association between Penny and Harris suggests Momentum Tech is employing a familiar scheme. The company operates two websites, momentumtech.info and momentumtechai.com, both registered in late 2025 with private details obscuring their operators. CodeMojo, an "AI slop factory," is referenced in the source code of momentumtechai.com. Garza and Penny also co-founded CodeMojo. Despite claims of being based in Franklin, Tennessee, Facebook profiles for both men place them in Texas, and Momentum Tech and CodeMojo share the same operational location.
Momentum Tech offers no tangible products. Members pay $39 monthly for access to over 40 CodeMojo AI tools. The company's entire financial model relies on recruiting new members, not on selling valuable products to the public.
The compensation structure for Momentum Tech confirms its pyramid nature. Commissions are paid based on recruitment efforts, with new members paying $39 monthly. The company has six "promoter ranks," but advancement depends solely on recruitment and maintaining subscriptions, not on actual product sales. This arrangement is the definition of a pyramid scheme, masked by technology jargon.
Numerous red flags indicate a fraudulent operation. The co-founders have direct links to the OneCoin Ponzi scheme. There are no retail products. Compensation is exclusively tied to recruitment. Domain registration details are hidden. False location claims are made. The registered address belongs to a shell corporation.
Momentum Tech is counting on the appeal of AI buzzwords to conceal its true nature—a classic scam preying on individuals seeking supplemental income. Stan Harris's involvement, given his history with OneCoin and subsequent multi-level marketing ventures, should serve as a stark warning. He has a documented pattern of engaging in such schemes.
Victims of fraudulent investment schemes can find resources and guidance through the Securities and Exchange Commission's Office of Investor Education and Advocacy.