Zeek Rewards is the greatest
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- | One of the | + | One of the much more appealing qualities of a Ponzi scheme is that for really little work, if any sort of at all, members may earn a substantial return on their financial investments. Zeek Rewards 90 Day Strategy |
- | Splice this in with a NETWORK MARKETING settlement | + | Splice this in with a NETWORK MARKETING settlement plan as well as let the word spread virally through the sector and sooner or later you're bound to entice the attention of additional business working in the same field. |
- | With no | + | With no strings attached membership a good idea, it's obvious that many Zeek Rewards affiliates are entailed mainly in additional MLM opportunities that for some, forbid the cross advertising of other chance to their existing downlines. |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor agreements also restrict the mere participation in yet another NETWORK MARKETING company altogether. |
- | However, as VIP point balances | + | However, as VIP point balances well up those betting the multi-opportunity stakes in Zeek Rewards as well as some other business are no doubt locating themselves in the difficult position of considering up their primary MLM company with that of Zeek Rewards. |
- | Simply put, it's | + | Simply put, it's challenging to overlook the returns Zeek Rewards pay daily for what may easily be regarded passive investment profit (via acquired customers and also advertisement placing hands free operation). When you examine this to a typical sales based Multi Level Marketing option that counts on real clients (not harvested e-mail addresses where the owners do not even understand they have actually been enrolled and also don't need to really purchase anything to be calculated as clients), it doesn't take long for the Ponzi'esque returns to surpass the profit derived from a legit opportunity. |
- | With this | + | With this however the inevitable occurs and Zeek Rewards associates look towards their very own existing downlines in an work to grow their Zeek downlines. There's no quicker way to increase your own financial investment returns than to encourage individuals you understand to additionally put in as well as enjoy the passive commissions this generates. |
- | + | At some point sufficient members are involved in various companies that administration may not dismiss queries from their arena as well as in the most extreme cases, also discover themselves being gotten in touch with to make a public statement on the chance in question. | |
- | 2 the first days such | + | 2 the first days such executive 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 " Authority Mentoring" telephone call, Schroeder (who credits himself as being "one who has comprehensive knowledge of the ( NETWORK MARKETING) field") claimed that Zeek Rewards was a business that "comes along and also vacuums people in to a route that develops into a trail of devastation". |
- | Mentioning several requests "over the past numerous weeks | + | Mentioning several requests "over the past numerous weeks pursuing his viewpoint on Zeek Rewards ( theoretically from Monavie associates), Schroeder ( image above) declared on the 16th that Zeek Rewards is " prohibited, a pyramid program ( as well as) probably a Ponzi scheme". |
- | + | Clarifying on why, Schroeder specifies that "one of the most effective ways to predict the future is to thoroughly as well as extremely research the past". He at that point takes place to explanation that | |
- | companies whose | + | companies whose settlement strategy is even from another location similar to the means individuals are settlement in the show called Zeek Rewards, slips means outside of the FTC suggestions in terms of exactly what's legitimate in the network marketing or direct selling industry. |
- | I imply means, | + | I imply means, way, way outside the standards. |
- | My hunch is that Schroeder is communicating | + | My hunch is that Schroeder is communicating particularly concerning inner usage and that in its existing form ( and also for the past year and also a half), Zeek Rewards has actually worked with near A HUNDRED % inner consumption by way of associates acquiring bids to give away. |
- | + | As soon as these bids are awarded, or unloaded onto client accounts ( made with an e-mail address, as well as in several situations where the owner of the e-mail address has not registered themselves or is even mindful they are being joined to Zeekler, Zeek Rewards's dime public auction arm), the Zeek Rewards affiliate who gave the bids they themselves purchased away, then goes on to gain a 90 day ROI on their bid purchase. | |
- | The most significant | + | The most significant company Schroeder contrasts Zeek Rewards to might of course be Advertisement Browse Daily, a Ponzi system that offered absurd returns declaring its associates were buying advertising. |
- | In Zeek Rewards, the provider | + | In Zeek Rewards, the provider declares its members are buying cent public auction bids and supplies similar unbelievable returns, thought to be by and large cashed by associate funds. Zeek Rewards turn down to shed light on if this is the case and/or release paperwork verifying typically. CEO Paul Burks claims that the make up of the everyday ROI that Zeek Rewards pays is a "proprietary key". |
- | Based upon this, Schroeder | + | Based upon this, Schroeder closes out that Zeek Rewards will " relate to grief in the relatively close to future, not far into the future", |
- | I | + | I believe when people are being inquired to put in 10 1000 bucks in to a program with the idea they should do no work yet will definitely obtain exorbitant returns, is shrieking out in advance: " Do not do it, don't do it, don't do it, do not do it!" |
- | + | And yet so appealing is the idea of quick cash for which one need not operate that alot of individuals are receiving vacuumed into that path. | |
- | + | Right now I would certainly simply to give you all my word of caution, it's gunna blowup, it's gunna be an uninviting blowup, it'll quite possibly take place sooner not later as well as it will leave a trail of devastation behind it. | |
- | It's | + | It's unlawful, it's a pyramid, it's undoubtedly a Ponzi program, it's going to get stopped-- do not get swept up into it. |
- | + | Bring even more weight to Schroeder's words is a brief look at the kinds of individuals the NETWORK MARKETING dime auction specific niche has enticed thus far: | |
- | Zeek Rewards-- it's | + | Zeek Rewards-- it's no secret that numerous of the leading earners in Zeek Rewards were leading members in the Ponzi program Ad Browse Daily. Theoretically a fair piece of the initial financial investment seed money pumped into Zeek Rewards came straight from Ad Browse Daily |
- | Bidify-- Bidify's Chief Creative | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a history with being involved in offshore income opportunites that firmly looked like Ponzi schemes. A number of other creators exist, nevertheless they are shrouded in secrecy with Bidify to day not revealing the exact business structure of the company |
- | Bids That Give-- CEO and founder Randy Jeffers has actually had | + | Bids That Give-- CEO and founder Randy Jeffers has actually had many different NETWORK MARKETING businesses stopped by US authorities |
- | The most | + | The most current NETWORK MARKETING dollar auction to appear on my radar is 'Igobidwin' ( even being industried as " Worldwide Paradigm Move", "Ultimate Strength Profits", " Strength Profits", "Spinfinity" and also "MyTurnOnTop"), which is being introduced by GlobalOne Providers LLC. |
- | Not much is | + | Not much is known at this point (the company is expected to launch sometime in the following couple of weeks) yet there appears to be potential ties between GlobalOne Providers LLC and also the pyramid system feeder OneX. |
- | + | Members of Igobidwin that purchased their members via bank card, saw they were being billed by 'SIGNATURELIFE QLX', the very same business that showed up on OneX associate slips. | |
- | OneX was a feeder | + | OneX was a feeder in to QLXChange, which in turn fed members in to a globe of shady closed-door investment options, with participation simply permitted if a non-disclosure contract was signed. |
- | At the end of the day whichever | + | At the end of the day whichever NETWORK MARKETING penny auction you're thinking of, they all operate on the essential concept idea that members put in $ x, have some sort of online money points then gain an efficient ROI) $ x based on how countless points they have, with the points ending after a specific period. |
- | Members can of course | + | Members can of course increase their points (and efficient ROI) by re-investing the returns the business pays daily, and/or sponsoring new capitalists (affiliates) as well as receiving them to spend. |
- | + | Virtually ONE HUNDRED % of the profits generated by these companies is via member acquisitions ( financial investments in bids with the exclusive acquiring commitment being to switch them in to points for the daily ROI supplied) as well as hence the exact same is true of where the cash these companies are paying out comes from. | |
- | This alone is sufficient | + | This alone is sufficient analysis of the frequent primary company style made use of by NETWORK MARKETING cent auctions (you will not ever before view one of these launch that merely pays out regular payments on the sale of dollar auction bids, because there are no legitimate retail customers), however when you consider that is entailed at the top degrees of the business in the particular niche, either at a management degree or as best earners, the work is on the wall. |
- | No doubt | + | No doubt works will certainly be made to merely brush off Schroeder's remarks as "jealousy", " negativeness" or additional dismissive labels, however little can be stated to refute his claims. |
- | I | + | I mean you can do the whole pseudo compliance song and dance and \* winkwink nudgenudge \* call a wolf in sheep's clothing a zebra, however functionally this changes nothing. |
- | No matter what front business you attach to it, no matter what you call associate investments and no matter | + | No matter what front business you attach to it, no matter what you call associate financial investments and also no matter just how challenging you punish your members for utilizing investment vocabulary under the guise of " conformity", an income opportunity that pays out returns ( promised or not) based on precisely how much seed money a new members injects into the scheme, which is composed of the money new and also existing affiliates have actually both at first spent and continue to re-invest so about expand their everyday returns, is a Ponzi system. |
- | + | How anyone who has actually been or is involved in the network marketing market for more than ten seconds and could treasure the idea of selling items to real retail consumers and also making a commission on said sales may believe typically, continues to baffle me. | |
- | You | + | You could listen to Randy Schroeder's opinions regarding Zeek Rewards in their entirety beneath: |
- | + | Mention that the above audio was taken from the July 16th Monavie "Leadership Mentoring" phone call which in its whole ran for 53 seconds and 38 minutes. Zeek Rewards was not touched on or described in the rest of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |