I dont think so, because it is TRUE! if you read all the testimonials on their site (hundred of them) you will learn more. Look at my progression below:

Here is how to do it:

Step 1: Click on the referral link below.

Free iPhone

Step 2: Choose which iPhone you want FREE
(I have listed all the package types below for your convenience)

Step 3: Sign up and choose an account type
(Referral method is the easiest and best option)

Step 4: Complete just one offer.
(You must complete 1 offer. Click on ‘Most Popular’ and you will see the best offers. There are plenty of cool offers to choose from such as Blockbuster online, Stamp.com, Netflix, Gamefly and more which are services you would regularly sign up for anyways and their all secure networks, why not use them to get a free iPhone or cash!  Alot of them offer risk-free trials, and come from legitimate businesses, so you don’t have to worry about being scammed. I personally signed up for Blockbuster and Stamps.com. I never have to go to the Blockbuster store or post office again! This is NOT like other sites where you need to complete one offer on 2 or 3 different pages, or complete many offers to qualify. You only need ONE, and a lot of these offers are FREE trials with nothing else to buy… and No commitments!!!

Step 5: Refer friends, family or strangers to do the same thing
The number of people you have to refer depends on which free package you want. I got the iPhone package, so I only had to refer 8 people. It only took me a couple days until I was having mine shipped! Posting an ad like this one will net you fast results. You can post it on your MySpace, facebook or blog or personally tell your friends to sign up by word of mouth. The choice is yours. The iPhoners are paid for by companies who compensate advertisers for providing them with new customers (you & me).

Step 6: Receive your iPhone
This is the best part!! You don’t even pay for shipping!! Honestly there is no reason not to try it. I wouldn’t be wasting my time if this didn’t work. I don’t work for some company trying to sell you something. I’m just a guy trying to get another free iPhone and show other people how to do the same.

THIS IS NOT A SCAM! It is 100% real. I have already been successful once. But you don’t have to take my word for it, feel free to do your own research! The company behind the deal is Transcendent Innovations or TraInn for short, and you can read testimonials at the link below:

http://www.trainn.org/reviews.php

Need more proof? Looking for more reviews? Search “Transcendent Innovations Proof” or “TraInn Proof” on Google!