Zeek Rewards is the greatest
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- | One of the more appealing qualities of a Ponzi | + | One of the even more appealing qualities of a Ponzi system is that for very little work, if any at all, associates may acquire a considerable return on their financial investments. Zeek Rewards 90 Day Strategy |
- | Splice this in with a | + | Splice this in with a Multi Level Marketing settlement strategy as well as allow the word spread virally via the field as well as eventually you're bound to attract the attention of some other business operating in the very same industry. |
- | With no | + | With no strands attached membership smart, it's no secret that several Zeek Rewards affiliates are included primarily in some other MLM chances that for some, prohibited the cross advertising of another chance to their existing downlines. |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor arrangements even ban the simple engagement in yet another NETWORK MARKETING business completely. |
- | + | Nonetheless, as VIP point balances well up those playing the multi-opportunity stakes in Zeek Rewards and also some other business are no doubt identifying themselves in the challenging position of weighing up their key NETWORK MARKETING company with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's challenging to disregard the returns Zeek Rewards pay daily for what could conveniently be considered passive financial investment earnings (via acquired clients and also ad placing automation). When you contrast this to a traditional sales based NETWORK MARKETING chance that relies on legitimate clients (not cut email addresses where the owners don't also know they've been registered and also do not need to actually purchase almost anything to be tallied as clients), it doesn't take long for the Ponzi'esque returns to eclipse the profit derived from a legit chance. |
- | With this | + | With this regrettably the inevitable takes place as well as Zeek Rewards members look to their own existing downlines in an attempt to increase their Zeek downlines. There's no quicker way to improve your own financial investment returns than to convince people you recognize to also put in and reap the passive commissions this produces. |
- | + | Eventually sufficient associates are involved in multiple business that administration can easily no longer dismiss queries from their field as well as in the most extreme cases, also discover themselves being gotten in touch with to make a public statement on the opportunity in question. | |
- | + | 2 days one such manager was Monavie's President of their North American and also European markets, Randy Schroeder. | |
- | Blasting Zeek Rewards on a July 16th Monavie " | + | Blasting Zeek Rewards on a July 16th Monavie " Management Mentoring" phone call, Schroeder (who credits himself as being "one who has comprehensive knowledge of the (MLM) industry") claimed that Zeek Rewards was a provider that " appears and also sweeps individuals in to a route that turns into a path of devastation". |
- | + | Citing various requests "over the past numerous weeks pursuing his viewpoint on Zeek Rewards ( probably from Monavie associates), Schroeder ( image above) stated on the 16th that Zeek Rewards is " against the law, a pyramid program ( as well as) possibly a Ponzi system". | |
- | + | Clarifying on why, Schroeder explains that "one of the greatest methods to predict the future is to properly and also extremely research the past". He then goes on to explanation that | |
- | + | business whose compensation approach is even by remote similar to the means individuals are compensation in the program called Zeek Rewards, fallings off method beyond the FTC suggestions in regards to exactly what's legitimate in the home based business or direct selling market. | |
- | I | + | I indicate means, means, means outside the standards. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is talking particularly pertaining to inner usage and that in its existing type (and for the past year as well as a half), Zeek Rewards has operated with close to 100 % internal usage by way of associates buying bids to present. |
- | + | The moment these bids are given away, or dumped onto consumer accounts ( generated with an email address, as well as in several circumstances where the manager of the email address has not enrolled themselves or is even informed they are being joined to Zeekler, Zeek Rewards's cent public auction arm), the Zeek Rewards affiliate who gave the bids they themselves acquired away, then takes place to obtain a 90 day ROI on their bid acquisition. | |
- | The most remarkable company Schroeder examines Zeek Rewards to | + | The most remarkable company Schroeder examines Zeek Rewards to might of course be Advertisement Surf Daily, a Ponzi scheme that offered ridiculous returns claiming its members were acquiring advertising. |
- | In Zeek Rewards, the provider declares its members are acquiring | + | In Zeek Rewards, the provider declares its members are acquiring penny public sale bids and delivers similar foolish returns, believed to be by and large cashed by associate money. Zeek Rewards refuse to make clear if this is the case and/or release paperwork proving otherwise. CEO Paul Burks declares that the make up of the day-to-day ROI that Zeek Rewards pays is a "proprietary secret". |
- | Based on this, Schroeder | + | Based on this, Schroeder ends that Zeek Rewards will certainly " concern remorse in the fairly close to future, not far into the future", |
- | I | + | I believe when individuals are being inquired to invest ten thousand dollars into a program with the concept they have to do no work however will definitely obtain excessively high returns, is shrieking out in advance: "Don't do it, do not do it, don't do it, do not do it!" |
- | + | As well as yet so appealing is the concept of rapid cash for which one need not work that alot of people are acquiring swept into that route. | |
- | + | Presently I would certainly simply to provide you all my word of caution, it's gunna blowup, it's gunna be an unsightly blowup, it'll probably happen sooner not later on as well as it will leave a path of devastation behind it. | |
- | It's | + | It's unlawful, it's a pyramid, it's possibly a Ponzi scheme, it's getting closed down-- do not receive swept up into it. |
- | Bring a lot more weight to Schroeder's words is a | + | Bring a lot more weight to Schroeder's words is a short look at the types of people the NETWORK MARKETING penny public auction niche market has actually attracted heretofore: |
- | Zeek Rewards-- it's | + | Zeek Rewards-- it's no secret that many of the leading earners in Zeek Rewards were leading users in the Ponzi system Ad Browse Daily. Presumably a fair chunk of the initial investment seed money pumped into Zeek Rewards came straight from Ad Browsing Daily |
- | Bidify-- Bidify's Chief Creative Officer, Frode Jorgensen has a history with being involved in | + | Bidify-- Bidify's Chief Creative Officer, Frode Jorgensen has a history with being involved in seaward profit opportunites that really looked like Ponzi systems. Numerous other founders exist, nevertheless they are shrouded in secrecy with Bidify to date not exposing the particular business structure of the business |
- | Bids That Offer-- CEO and | + | Bids That Offer-- CEO and also creator Randy Jeffers has had several MLM businesses stopped by US authorities |
- | The most current NETWORK MARKETING | + | The most current NETWORK MARKETING cent public sale to pop up on my radar is 'Igobidwin' (also being marketed as " Worldwide Paradigm Switch", "Ultimate Strength Profits", "Power Profits", "Spinfinity" and "MyTurnOnTop"), which is being introduced by GlobalOne Business LLC. |
- | Not much is | + | Not much is recognized at this point (the provider is supposed to launch at some point in the following few weeks) but there appears to be prospective ties between GlobalOne Providers LLC as well as the pyramid system feeder OneX. |
- | + | Members of Igobidwin that purchased their membership through debit card, recognized they were being billed by 'SIGNATURELIFE QLX', the very same company that appeared on OneX member receipts. | |
- | OneX was a feeder | + | OneX was a feeder into QLXChange, which in turn supplied members into a globe of unethical closed-door financial investment opportunities, with participation simply permitted if a non-disclosure agreement was signed. |
- | At the end of the day whichever | + | At the end of the day whichever NETWORK MARKETING cent public auction you're taking into account, they all operate on the essential concept idea that members spend $ x, receive some sort of web money points and then obtain an successful ROI) $ x based on how countless points they have, with the points ending after a specific period. |
- | + | Associates can easily of course increase their points (and effective ROI) by re-investing the returns the company pays daily, and/or recruiting brand-new capitalists ( associates) as well as obtaining them to put in. | |
- | Nearly | + | Nearly ONE HUNDRED % of the profits generated by these business is via member acquisitions (investments in bids with the sole buying motivation being to convert them in to points for the everyday ROI gave) as well as thus the very same is true of where the cash these providers are paying out originates from. |
- | This alone is sufficient | + | This alone is sufficient investigation of the typical center business model made use of by Multi Level Marketing penny auctions (you will not ever before view one of these launch that simply pays out regular commissions on the sale of cent public auction bids, because there are no genuine retail clients), yet when you consider who is entailed at the top degrees of the business in the particular niche, either at a management level or as leading earners, the writing is on the wall. |
- | No doubt works | + | No doubt works will be made to simply brush off Schroeder's opinions as " resentment", " negative thoughts" or other prideful labels, however little can be said to refute his claims. |
- | I indicate you can do the whole pseudo | + | I indicate you can do the whole pseudo compliance song and dance and also \* winkwink nudgenudge \* call a wolf in sheep's apparel a zebra, yet functionally this changes absolutely nothing. |
- | No matter what front business you attach to it, no matter what you call | + | No matter what front business you attach to it, no matter what you call associate financial investments as well as no matter how difficult you penalize your associates for utilizing investment terms under the guise of " conformity", an earnings option that pays returns ( promised or not) based upon exactly how much seed money a new members injects into the system, which is comprised of the cash new and also existing affiliates have actually both initially put in as well as continue to re-invest so as to expand their everyday returns, is a Ponzi scheme. |
- | + | How anybody who has actually been or is involved in the network marketing market for more than 10 moments and could treasure the concept of selling items to genuine retail customers as well as making a percentage on pointed out sales could believe otherwise, continues to baffle me. | |
- | You | + | You could listen to Randy Schroeder's opinions pertaining to Zeek Rewards in their whole below: |
- | Indicate that the above | + | Indicate that the above audio was taken from the July 16th Monavie "Leadership Mentoring" call which in its entirety ran for 53 moments and also 38 minutes. Zeek Rewards was not touched on or referred to in the other parts of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |