Zeek Rewards is the greatest
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- | One of the a lot more | + | One of the a lot more desirable top qualities of a Ponzi program is that for very little attempt, if any at all, associates may make a considerable return on their financial investments. Zeek Rewards 90 Day Strategy |
- | Splice this in with a | + | Splice this in with a MLM settlement strategy as well as let the word spread virally through the market and sooner or later you're bound to entice the attention of other business running in the exact same field. |
- | With no strands connected | + | With no strands connected members advisable, it's obvious that many Zeek Rewards associates are involved mostly in other MLM options that for some, prohibited the cross marketing of any other possibility to their existing downlines. |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor contracts even forbid the simple engagement in another MLM business entirely. |
- | Nonetheless, as VIP point balances well up those | + | Nonetheless, as VIP point balances well up those betting the multi-opportunity stakes in Zeek Rewards as well as additional business are no doubt finding themselves in the tricky position of analyzing up their key MLM business with that of Zeek Rewards. |
- | Simply put, it's | + | Simply put, it's difficult to ignore the returns Zeek Rewards pay daily for what can effortlessly be deemed passive investment income ( using bought clients as well as advertisement placing automatic). When you compare this to a traditional sales based NETWORK MARKETING chance that depends on genuine customers (not collected email addresses where the owners don't also know they have actually been joined and also do not need to in fact purchase anything to be calculated as clients), it does not take long for the Ponzi'esque returns to rise above the income stemmed from a legit possibility. |
- | With this | + | With this however the unavoidable happens and Zeek Rewards members look to their own existing downlines in an effort to grow their Zeek downlines. There's no quicker means to boost your very own investment returns than to convince individuals you understand to likewise put in and also experience the passive payments this creates. |
- | + | At some point enough associates are involved in numerous providers that management can not brush aside queries from their field as well as in the most extreme cases, also discover themselves being called on to make a public statement on the opportunity in question. | |
- | 2 | + | 2 days one such manager was Monavie's Chief of state of their North American and also European markets, Randy Schroeder. |
- | Blasting Zeek Rewards on a July 16th Monavie " Management Mentoring" | + | Blasting Zeek Rewards on a July 16th Monavie " Management Mentoring" call, Schroeder ( that credits himself as being "one that has extensive expertise of the (MLM) field") declared that Zeek Rewards was a company that "comes along and also sweeps individuals into a path that develops into a route of devastation". |
- | Mentioning | + | Mentioning several requests "over the past a number of weeks pursuing his point of view on Zeek Rewards ( most likely from Monavie affiliates), Schroeder ( pic above) proclaimed on the 16th that Zeek Rewards is " unlawful, a pyramid system ( as well as) undoubtedly a Ponzi system". |
- | + | Specifying on why, Schroeder specifies that "one of the very best ways to forecast the future is to very carefully and also very investigate the past". He at that point goes on to cause that | |
- | companies whose | + | companies whose settlement methodology is even remotely similar to the way individuals are settlement in the course called Zeek Rewards, slips method beyond the FTC suggestions in regards to exactly what's genuine in the multi level marketing or direct selling field. |
- | I | + | I mean method, means, method outside the standards. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is talking specifically pertaining to internal consumption and that in its current sort (and for the past year as well as a half), Zeek Rewards has actually operated with around ONE HUNDRED % internal consumption by way of associates buying bids to present. |
- | + | The moment these bids are presented, or dumped onto client accounts ( generated with an e-mail address, and in many circumstances where the manager of the e-mail address has not enrolled themselves or is even mindful they are being enrolled to Zeekler, Zeek Rewards's dime public auction arm), the Zeek Rewards affiliate who provided the bids they themselves purchased away, at that point goes on to acquire a 90 day ROI on their bid acquisition. | |
- | The most | + | The most significant provider Schroeder examines Zeek Rewards to would certainly of course be Advertisement Browse Daily, a Ponzi system that gave foolish returns claiming its members were buying advertising. |
- | In Zeek Rewards, the | + | In Zeek Rewards, the company claims its associates are buying penny public sale bids and delivers similar absurd returns, believed to be by and large moneyed by associate funds. Zeek Rewards refuse to make clear if this holds true and/or release documentation proving otherwise. CEO Paul Burks declares that the make up of the daily ROI that Zeek Rewards pays is a " exclusive secret". |
- | Based | + | Based on this, Schroeder concludes that Zeek Rewards will "come to grief in the reasonably close to future, not far into the future", |
- | I assume when | + | I assume when people are being inquired to spend ten thousand dollars into a program with the idea they should do no work yet will definitely obtain excessively high returns, is shouting out in advance: " Do not do it, do not do it, do not do it, don't do it!" |
- | + | As well as yet so alluring is the idea of fast hard earned cash for which one need not work that alot of people are getting vacuumed into that trail. | |
- | + | Right now I will merely to offer you all my word of care, it's gunna blowup, it's gunna be an uninviting blowup, it'll most likely take place earlier not later on as well as it will definitely leave a route of devastation behind it. | |
- | It's | + | It's forbidden, it's a pyramid, it's possibly a Ponzi scheme, it's going to get shut down-- do not receive swept up in to it. |
- | + | Including more weight to Schroeder's words is a quick look at the types of people the NETWORK MARKETING cent public sale niche has actually attracted thus far: | |
- | Zeek Rewards-- it's | + | Zeek Rewards-- it's no secret that countless of the top earners in Zeek Rewards were top members in the Ponzi program Advertisement Surf Daily. Presumably a fair chunk of the initial investment seed money pumped into Zeek Rewards came straight from Advertisement Surf Daily |
- | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a past with being involved in just offshore profit opportunites that really looked like Ponzi schemes. Several some other creators exist, nonetheless they are shrouded in secrecy with Bidify to time not divulging the particular commercial framework of the business |
- | Bids That | + | Bids That Offer-- CEO and also founder Randy Jeffers has had numerous Multi Level Marketing companies shut down by United States authorities |
- | The most | + | The most recent MLM cent public sale to turn up on my radar is 'Igobidwin' ( likewise being industried as " Worldwide Paradigm Change", "Ultimate Strength Profits", "Power Profits", "Spinfinity" as well as "MyTurnOnTop"), which is being launched by GlobalOne Business LLC. |
- | Not much is recognized at this point (the company is expected to launch | + | Not much is recognized at this point (the company is expected to launch sometime in the following few weeks) but there appears to be possible ties between GlobalOne Providers LLC as well as the pyramid system feeder OneX. |
- | + | Associates of Igobidwin who paid for their members via debit card, saw they were being billed by 'SIGNATURELIFE QLX', the exact same company that turned up on OneX member slips. | |
- | OneX was a feeder | + | OneX was a feeder in to QLXChange, which in turn fed members into a world of unethical closed-door investment options, with involvement only let if a non-disclosure contract was signed. |
- | At the end of the day whichever Multi Level Marketing | + | At the end of the day whichever Multi Level Marketing dime public sale you're taking into consideration, they all operate on the basic guideline concept that associates spend $ x, acquire some sort of online money points then acquire an effective ROI) $ x based on precisely how many points they have, with the points lapsing after a specific period. |
- | + | Members can of course increase their points ( and also successful ROI) by re-investing the returns the company pays daily, and/or enrolling brand-new capitalists ( associates) and having them to invest. | |
- | + | Almost 100 % of the income produced by these companies is by means of member purchases (investments in bids with the single acquiring incentive being to transform them in to points for the everyday ROI delivered) as well as therefore the exact same is true of where the cash these business are paying originates from. | |
- | This alone is sufficient investigation of the | + | This alone is sufficient investigation of the frequent center business model made use of by MLM dime auctions (you won't ever before view one of these launch that just pays out common percentages on the sale of dollar auction bids, because there are no real retail consumers), but when you consider who is included at the top levels of the companies in the niche, either at a administration level or as best earners, the writing is on the wall. |
- | No doubt attempts will be made to | + | No doubt attempts will definitely be made to just simply brush off Schroeder's opinions as " envy", " negative opinions" or additional dismissive labels, having said that bit can be stated to refute his claims. |
- | I | + | I suggest you can do the whole pseudo conformity song and dance as well as \* winkwink nudgenudge \* call a wolf in sheep's clothes a zebra, but functionally this modifications nothing at all. |
- | No matter what front company you attach to it, no matter what you call | + | No matter what front company you attach to it, no matter what you call member financial investments and also no matter precisely how tough you punish your associates for making use of investment jargon under the guise of " conformity", an earnings opportunity that pays out returns ( ensured or not) based upon just how much seed money a new members administers into the system, which is composed of the cash new and also existing associates have actually both at first invested and also continue to re-invest so regarding increase their day-to-day returns, is a Ponzi scheme. |
- | + | Exactly how anyone that has actually been or is involved in the home based business industry for greater than 10 moments and also can easily appreciate the idea of selling products to real retail consumers and also getting a payment on said sales can assume normally, continues to baffle me. | |
- | You | + | You may hear Randy Schroeder's comments relating to Zeek Rewards in their whole under: |
- | + | Note that the above audio was taken from the July 16th Monavie " Authority Mentoring" phone call which in its entirety ran for 53 moments and 38 minutes. Zeek Rewards was not touched on or described in the remainder of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |