Ballin With Zeek Yeeeahhh
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- | One of the more desirable | + | One of the more desirable high qualities of a Ponzi scheme is that for very little work, if any type of at all, associates can get a substantial return on their financial investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 zeek rewards compound calculator] |
- | Splice this in with a | + | Splice this in with a MLM settlement strategy as well as permit the word spread virally with the field as well as sooner or later you're bound to entice the attention of some other providers running in the very same industry. |
[http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] | [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] | ||
- | With no | + | With no cords connected membership wise, it's no secret that numerous Zeek Rewards affiliates are entailed largely in other MLM chances that for some, forbid the cross advertising of another possibility to their existing downlines. |
- | The stricter of these affiliate/distributor arrangements even | + | The stricter of these affiliate/distributor arrangements even ban the mere engagement in another Multi Level Marketing business completely. |
- | Nonetheless, as VIP point balances swell those | + | Nonetheless, as VIP point balances swell those betting the multi-opportunity stakes in Zeek Rewards and some other providers are no doubt identifying themselves in the tough position of evaluating up their major MLM company with that of Zeek Rewards. |
- | Simply put, it's | + | Simply put, it's tough to dismiss the returns Zeek Rewards pay out daily for what could easily be regarded passive investment earnings ( using bought clients and also advertisement placing automation). When you contrast this to a conventional sales based NETWORK MARKETING chance that depends on real consumers (not harvested email addresses where the owners do not even know they've been registered as well as do not need to really buy anything to be added up as consumers), it does not take long for the Ponzi'esque returns to rise above the earnings stemmed from a legit opportunity. |
- | With this unfortunately the | + | With this unfortunately the unavoidable happens and also Zeek Rewards associates look to their own existing downlines in an attempt to increase their Zeek downlines. There's no quicker method to increase your very own investment returns than to persuade individuals you know to likewise spend as well as reap the passive commissions this generates. |
- | At some point enough | + | At some point enough members are involved in several providers that management may not brush aside queries from their field and in the most extreme cases, also find themselves being contacted to make a public statement on the opportunity in question. |
- | + | 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" phone call, Schroeder (who himself as being "one who has considerable expertise of the (MLM) sector") claimed that Zeek Rewards was a provider that " arrives and also scrubs people in to a route that becomes a trail of devastation". |
- | + | Citing many requests "over the past several weeks seeking his opinion on Zeek Rewards ( most likely from Monavie associates), Schroeder ( picture above) declared on the 16th that Zeek Rewards is " unlawful, a pyramid scheme ( and also) undoubtedly a Ponzi scheme". | |
- | + | Elaborating on why, Schroeder specifies that "one of the best means to predict the future is to carefully and vitally investigate the past". He then goes on to reason that | |
- | providers whose settlement | + | providers whose settlement method is even from another location similar to the means people are compensation in the course called Zeek Rewards, fallings off method outside of the FTC guidelines in regards to exactly what's genuine in the multi level marketing or direct selling field. |
- | I | + | I imply way, method, method outside the suggestions. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is speaking especially about internal consumption and that in its existing kind ( and also for the past year and also a half), Zeek Rewards has worked with near 100 % internal consumption by way of affiliates buying bids to hand out. |
- | + | Once these bids are presented, or dumped onto customer bank accounts ( generated with an e-mail address, as well as in countless circumstances where the manager of the e-mail address has actually not registered themselves or is even informed they are being signed up to Zeekler, Zeek Rewards's dime public sale arm), the Zeek Rewards associate who gave the bids they themselves bought away, at that point takes place to get a 90 day ROI on their bid purchase. | |
- | The most | + | The most well known business Schroeder compares Zeek Rewards to would of course be Advertisement Surf Daily, a Ponzi system that offered absurd returns claiming its associates were acquiring marketing. |
- | In Zeek Rewards, the business | + | In Zeek Rewards, the business claims its members are buying dime public sale bids as well as provides similar absurd returns, believed to be by and large moneyed by affiliate funds. Zeek Rewards refuse to clarify if this holds true and/or release documentation showing normally. CEO Paul Burks declares that the compose of the everyday ROI that Zeek Rewards pays out is a " exclusive formula". |
- | Based | + | Based upon this, Schroeder closes out that Zeek Rewards will certainly "come to remorse in the fairly near future, not far into the future", |
- | I | + | I assume when individuals are being inquired to put in 10 1000 dollars in to a course with the idea they need to do no work however will get extravagant returns, is screaming out in advance: "Don't do it, do not do it, don't do it, don't do it!" |
- | And | + | And yet so attractive is the idea of fast funds for which one need not function that alot of people are acquiring scrubed into that path. |
- | + | Right now I might just to offer you all my word of caution, it's gunna blowup, it's gunna be an ugly blowup, it'll probably happen faster not later and also it will leave a trail of devastation behind it. | |
- | It's | + | It's illegal, it's a pyramid, it's most likely a Ponzi system, it's going to get stopped-- don't acquire scooped into it. |
- | Bring even more weight to Schroeder's words is a | + | Bring even more weight to Schroeder's words is a brief look at the varieties of individuals the MLM cent public sale specific niche has actually brought in heretofore: |
- | Zeek Rewards-- it's obvious that | + | Zeek Rewards-- it's obvious that countless of the top earners in Zeek Rewards were leading users in the Ponzi system Ad Search Daily. Probably a fair chunk of the preliminary financial investment seed money pumped in to Zeek Rewards came directly from Advertisement Search Daily |
- | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a history with being involved in overseas profit opportunites that firmly looked like Ponzi systems. Numerous additional creators exist, however they are shrouded in secrecy with Bidify to day not divulging the particular corporate framework of the business |
- | Bids That Offer-- CEO | + | Bids That Offer-- CEO as well as originator Randy Jeffers has actually had numerous NETWORK MARKETING businesses shut down by United States authorities |
- | The most current | + | The most current MLM dollar public sale to turn up on my radar is 'Igobidwin' ( even being marketed place as "Global Paradigm Move", "Ultimate Power Profits", "Power Profits", "Spinfinity" and "MyTurnOnTop"), which is being introduced by GlobalOne Business LLC. |
- | Not much is | + | Not much is understood at this point (the provider is expected to launch sometime in the next couple of weeks) yet there appears to be potential ties between GlobalOne Business LLC and the pyramid scheme feeder OneX. |
- | Associates of Igobidwin that | + | Associates of Igobidwin that paid for their members by means of bank card, noticed they were being billed by 'SIGNATURELIFE QLX', the very same business that appeared on OneX associate sales slips. |
- | OneX was a feeder | + | OneX was a feeder into QLXChange, which in turn fed associates into a globe of shady closed-door investment options, with engagement only let if a non-disclosure contract was signed. |
- | At the end of the day whichever | + | At the end of the day whichever MLM penny auction you're taking into consideration, they all operate on the essential principle idea that members put in $ x, acquire some sort of web currency points and then get an effective ROI) $ x based on precisely how several points they have, with the points lapsing after a particular period of time. |
- | + | Associates may of course raise their points (and effective ROI) by re-investing the returns the business pays daily, and/or recruiting new investors ( associates) and getting them to spend. | |
- | + | Virtually 100 % of the income generated by these business is using member acquisitions ( financial investments in bids with the single buying motivation being to switch them in to points for the day-to-day ROI delivered) as well as thus the very same is true of where the money these business are paying out stems from. | |
- | This alone is sufficient analysis of the | + | This alone is sufficient analysis of the usual center company design utilized by NETWORK MARKETING penny public sales (you won't ever see one of these launch that just pays common payments on the sale of penny auction bids, because there are no genuine retail customers), yet when you consider that is entailed at the top degrees of the companies in the niche market, either at a administration level or as top earners, the creating is on the wall. |
- | No doubt works will be made to | + | No doubt works will certainly be made to simply brush off Schroeder's opinions as "jealousy", " negative opinions" or some other dismissive labels, however little can be stated to refute his claims. |
- | I | + | I imply you can do the whole pseudo conformity song and dance and also \* winkwink nudgenudge \* call a wolf in sheep's clothing a zebra, yet 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 just how tough you penalize your members for utilizing financial investment language under the guise of " conformity", an profit opportunity that pays out returns ( assured or not) based upon exactly how much seed money a new members administers into the scheme, which is comprised of the cash brand-new and also existing affiliates have actually both initially invested and continue to re-invest so about increase their everyday returns, is a Ponzi scheme. |
- | + | How anyone that has actually been or is involved in the mlm field for more than 10 moments and also can easily treasure the concept of selling products to genuine retail customers and getting a commission on stated sales could believe otherwise, continues to baffle me. | |
- | You | + | You may listen to Randy Schroeder's remarks pertaining to Zeek Rewards in their whole under: |
- | + | Note that the above audio was taken from the July 16th Monavie "Leadership Mentoring" call which in its whole ran for 53 minutes and 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 Review] |