EyeQ speed reading: Does it work?

I’m watching this infomercial of EyeQ.
It claims to help a person increase their reading speed and even increase your IQ level.

They give stats like 98% of people that used it say it worked as well as they thought or better.

It also claims to improve hand-eye coordination.

But does it really improve reading speed and still maintain the same level of comprehension and retention or better?

Has anyone tried it and can give testimony of it?

The Master has addressed this on 2 occasions.

Does speed reading really work? And, Does speed reading training actually work?