Ballin Zeek Rewards
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- | One of the | + | One of the more desirable high qualities of a Ponzi scheme is that for remarkably little work, if any sort of at all, members can obtain a significant return on their financial investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |
- | Splice this in with a NETWORK MARKETING compensation strategy and | + | Splice this in with a NETWORK MARKETING compensation strategy and allow the word spread virally via the business and also eventually you're bound to entice the attention of additional companies working in the same industry. |
- | With no | + | With no strands fastened membership wise, it's obvious that countless Zeek Rewards associates are included mainly in some other MLM possibilities that for some, forbid the cross advertising of any other opportunity to their existing downlines. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Top Team] |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor contracts also prohibit the mere participation in yet another NETWORK MARKETING business completely. |
- | + | Nevertheless, as VIP point balances well up those playing the multi-opportunity stakes in Zeek Rewards and other companies are no doubt discovering themselves in the tricky position of weighing up their major MLM company with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's difficult to dismiss the returns Zeek Rewards pay daily for what may quickly be considered passive investment earnings ( through purchased clients as well as advertisement placing automatic). When you compare this to a standard sales based Multi Level Marketing option that counts on genuine clients (not collected email addresses where the managers don't even know they have actually been joined as well as don't have to in fact buy anything to be counted as customers), it doesn't take long for the Ponzi'esque returns to outshine the income derived from a legit possibility. |
- | With this sadly the | + | With this sadly the unavoidable happens as well as Zeek Rewards associates look towards their very own existing downlines in an attempt to increase their Zeek downlines. There's no quicker method to boost your own financial investment returns than to convince individuals you recognize to even spend as well as experience the passive payments this creates. |
- | + | Eventually sufficient associates are involved in several providers that management can easily not brush aside queries from their area and also in the most extreme cases, also find themselves being gotten in touch with to make a public statement on the chance in question. | |
- | 2 days | + | 2 the first days such exec was Monavie's Chief of state of their North American and European markets, Randy Schroeder. |
- | Blasting Zeek Rewards on a July 16th Monavie " | + | Blasting Zeek Rewards on a July 16th Monavie " Management Mentoring" telephone call, Schroeder (who himself as being "one that has extensive knowledge of the ( NETWORK MARKETING) sector") claimed that Zeek Rewards was a provider that " appears and also vacuums people into a route that becomes a route of devastation". |
- | + | Mentioning various requests "over the past many weeks seeking his viewpoint on Zeek Rewards (presumably from Monavie affiliates), Schroeder (photo above) announced on the 16th that Zeek Rewards is " forbidden, a pyramid system ( and also) quite possibly a Ponzi system". | |
- | + | Clarifying on why, Schroeder states that "one of the very best methods to predict the future is to very carefully as well as very investigate the past". He then goes on to cause that | |
- | + | providers whose settlement technique is even from another location similar to the way people are compensation in the course called Zeek Rewards, slips means outside of the FTC rules in regards to exactly what's legit in the multi level marketing or direct selling business. | |
- | I | + | I suggest way, way, way outside the standards. |
- | My hunch is that Schroeder is talking | + | My hunch is that Schroeder is talking especially relating to inner intake and that in its current sort ( as well as for the past year and also a half), Zeek Rewards has actually operated with close to ONE HUNDRED % internal usage by way of associates buying bids to award. |
- | + | The moment these bids are awarded, or dumped onto client bank accounts ( generated with an e-mail address, and also in numerous situations where the owner of the e-mail address has actually not joined themselves or is even mindful they are being registered to Zeekler, Zeek Rewards's dollar public auction arm), the Zeek Rewards affiliate who gave the bids they themselves purchased away, at that point takes place to obtain a 90 day ROI on their bid purchase. | |
- | The most | + | The most noteworthy company Schroeder contrasts Zeek Rewards to would certainly of course be Ad Surf Daily, a Ponzi program that delivered ridiculous returns declaring its members were acquiring advertising. |
- | In Zeek Rewards, the provider | + | In Zeek Rewards, the provider declares its members are buying penny public sale bids and offers similar unbelievable returns, believed to be by and large moneyed by associate money. Zeek Rewards refuse to make clear if this holds true and/or release documents proving normally. CEO Paul Burks declares that the comprise of the day-to-day ROI that Zeek Rewards pays out is a "proprietary secret". |
- | Based on this, Schroeder | + | Based on this, Schroeder ends that Zeek Rewards will " relate to remorse in the relatively around future, not far into the future", |
- | I | + | I believe when people are being inquired to spend ten thousand dollars into a program with the idea they need to do no work yet will obtain expensive returns, is screaming out in advance: "Don't do it, do not do it, do not do it, don't do it!" |
- | + | As well as yet so appealing is the idea of swift cash for which one need not operate that alot of individuals are acquiring scrubed into that trail. | |
- | + | Now I would definitely simply to provide you all my word of care, it's gunna blowup, it's gunna be an uninviting blowup, it'll undoubtedly occur sooner not later as well as it will leave a route of devastation behind it. | |
- | It's | + | It's illegal, it's a pyramid, it's most likely a Ponzi scheme, it's going to get shut down-- do not have scooped into it. |
- | + | Including a lot more weight to Schroeder's words is a brief look at the kinds of individuals the Multi Level Marketing dollar public auction particular niche has brought in heretofore: | |
- | Zeek Rewards-- it's | + | Zeek Rewards-- it's no secret that many of the leading earners in Zeek Rewards were top users in the Ponzi scheme Advertisement Browse Daily. Theoretically a fair portion of the initial investment seed money pumped in to Zeek Rewards came directly from Advertisement Search Daily |
- | Bidify-- Bidify's Chief Creative | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a history with being involved in seaward earnings opportunites that really appeared like Ponzi programs. Numerous other founders exist, nonetheless they are shrouded in secrecy with Bidify to day not disclosing the specific business framework of the provider |
- | Bids That | + | Bids That Give-- CEO and creator Randy Jeffers has actually had a number of Multi Level Marketing businesses closed down by US authorities |
- | The most | + | The most recent MLM dollar auction to pop up on my radar is 'Igobidwin' ( even being marketed place as " Universal Paradigm Shift", "Ultimate Power Profits", "Power Profits", "Spinfinity" and "MyTurnOnTop"), which is being launched by GlobalOne Providers LLC. |
- | Not much is | + | Not much is known at this point (the business is supposed to launch sometime in the next few weeks) however there seems possible ties in between GlobalOne Business LLC as well as the pyramid scheme feeder OneX. |
- | + | Members of Igobidwin that purchased their membership through credit card, observed they were being billed by 'SIGNATURELIFE QLX', the same business that turned up on OneX member slips. | |
- | OneX was a feeder in to QLXChange, which in turn | + | OneX was a feeder in to QLXChange, which in turn fed associates in to a world of shady closed-door financial investment chances, with involvement only allowed if a non-disclosure agreement was signed. |
- | At the end of the day whichever | + | At the end of the day whichever NETWORK MARKETING penny auction you're taking into account, they all operate on the essential concept idea that associates spend $ x, obtain some sort of virtual currency points and then get an successful ROI) $ x based on just how lots of points they have, with the points ending after a particular period of time. |
- | + | Members can of course increase their points ( and also effective ROI) by re-investing the returns the company pays out daily, and/or enrolling brand-new backers (affiliates) as well as acquiring them to put in. | |
- | + | Nearly 100 % of the income produced by these providers is by means of member purchases (investments in bids with the sole buying inspiration being to transform them in to points for the everyday ROI offered) and also hence the exact same is true of where the money these companies are paying out stems from. | |
- | This alone is sufficient analysis of the usual central | + | This alone is sufficient analysis of the usual central company style made use of by Multi Level Marketing dime public auctions (you won't ever before view one of these launch that merely pays out typical percentages on the sale of dime public sale bids, due to the fact that there are no real retail customers), however when you consider that is included at the top degrees of the companies in the particular niche, either at a administration degree or as top earners, the work is on the wall surface. |
- | No doubt | + | No doubt efforts will be made to merely brush off Schroeder's reviews as " envy", "negativity" or additional prideful labels, nonetheless little can be pointed out to negate his claims. |
- | I | + | I indicate you can do the whole pseudo conformity song and dance as well as \* winkwink nudgenudge \* call a wolf in sheep's garments a zebra, yet functionally this modifications nothing at all. |
- | No matter what front | + | No matter what front business you attach to it, no matter what you call member investments and also no matter just how challenging you penalize your members for utilizing investment language under the guise of "compliance", an earnings chance that pays out returns ( assured or not) based upon just how much seed money a new members injects into the program, which is comprised of the money new and existing associates have actually both at first put in and also continue to re-invest so regarding increase their everyday returns, is a Ponzi program. |
- | + | How anybody that has been or is involved in the home based business industry for beyond ten seconds and also could treasure the idea of selling products to legitimate retail customers as well as obtaining a percentage on pointed out sales can think otherwise, continues to baffle me. | |
- | You | + | You may listen to Randy Schroeder's comments regarding Zeek Rewards in their totality below: |
- | Indicate that the above | + | Indicate that the above audio was taken from the July 16th Monavie "Leadership Mentoring" telephone call which in its entirety ran for 53 seconds as well as 38 minutes. Zeek Rewards was not discussed or described in the other parts of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review] |