Ballin Zeek Rewards
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- | One of the more appealing qualities of a Ponzi | + | One of the much more appealing qualities of a Ponzi system is that for really little attempt, if any kind of at all, members could obtain a substantial return on their financial investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |
- | Splice this in with a | + | Splice this in with a Multi Level Marketing compensation plan as well as let the word spread virally with the business and sooner or later you're bound to entice the attention of additional business functioning in the exact same industry. |
- | With no | + | With no strings fastened membership a good idea, it's no secret that numerous Zeek Rewards associates are included largely in some other Multi Level Marketing options that for some, prohibited the cross marketing of any other possibility 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 simple involvement in another NETWORK MARKETING company entirely. |
- | + | Nevertheless, as VIP point balances swell those betting the multi-opportunity stakes in Zeek Rewards as well as other business are no doubt identifying themselves in the tricky position of considering up their key NETWORK MARKETING business with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's hard to overlook the returns Zeek Rewards pay daily for what may quickly be considered passive financial investment income ( by means of acquired clients and also ad placing automatic). When you examine this to a standard sales based Multi Level Marketing opportunity that counts on legitimate consumers (not gathered e-mail addresses where the managers don't even understand they have actually been signed up and also do not need to really buy everything to be counted as consumers), it does not take long for the Ponzi'esque returns to rise above the profit stemmed from a legit chance. |
- | With this | + | With this however the unavoidable occurs and also Zeek Rewards members look towards their very own existing downlines in an effort to increase their Zeek downlines. There's no quicker method to raise your own financial investment returns than to persuade individuals you recognize to even spend and also reap the passive commissions this creates. |
- | Inevitably enough members are involved in many different companies that administration can | + | Inevitably enough members are involved in many different companies that administration can easily not brush aside queries from their field and also in the most extreme cases, also locate themselves being called on to make a public statement on the possibility in question. |
- | + | Two days one such executive 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" phone call, Schroeder ( that credits himself as being "one that has considerable knowledge of the ( NETWORK MARKETING) market") claimed that Zeek Rewards was a provider that " arrives and also scrubs individuals in to a path that turns into a trail of devastation". |
- | Mentioning several requests "over the past several weeks | + | Mentioning several requests "over the past several weeks seeking his point of view on Zeek Rewards ( probably from Monavie associates), Schroeder ( pic above) proclaimed on the 16th that Zeek Rewards is " prohibited, a pyramid scheme ( as well as) undoubtedly a Ponzi scheme". |
- | + | Clarifying on why, Schroeder states that "one of the very best ways to anticipate the future is to carefully and vitally examine the past". He then goes on to reason that | |
- | + | companies whose settlement strategy is even from another location like the way people are compensation in the program called Zeek Rewards, slips method outside of the FTC suggestions in regards to just what's legitimate in the multi level marketing or direct selling market. | |
- | I | + | I mean means, way, method outside the standards. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is communicating particularly regarding inner consumption and that in its existing type (and for the past year and also a half), Zeek Rewards has actually run with around A HUNDRED % internal intake by way of affiliates buying bids to hand out. |
- | Once these bids are | + | Once these bids are handed out, or dumped onto consumer accounts ( made with an email address, and in several situations where the owner of the email address has actually not enrolled themselves or is even conscious they are being joined to Zeekler, Zeek Rewards's dime public auction arm), the Zeek Rewards affiliate who provided the bids they themselves bought away, at that point takes place to gain a 90 day ROI on their bid purchase. |
- | The most | + | The most remarkable company Schroeder compares Zeek Rewards to might of course be Advertisement Browsing Daily, a Ponzi program that gave absurd returns declaring its members were purchasing advertising. |
- | In Zeek Rewards, the | + | In Zeek Rewards, the business declares its associates are buying dollar public auction bids and also supplies comparable absurd returns, thought to be by and large funded by affiliate funds. Zeek Rewards reject to shed light on if this holds true and/or release documents showing normally. CEO Paul Burks declares that the comprise of the daily ROI that Zeek Rewards pays is a "proprietary tip". |
- | Based | + | Based on this, Schroeder closes out that Zeek Rewards will " concern remorse in the reasonably around future, not far into the future", |
- | I | + | I assume when people are being inquired to put in 10 1000 bucks in to a show with the concept they have to do no work but will receive exorbitant returns, is screeching out in advance: " Do not do it, don't do it, do not do it, do not do it!" |
- | And | + | And yet so alluring is the concept of swift cash for which one need not operate that alot of people are getting vacuumed into that path. |
- | Currently I | + | Currently I would certainly merely to offer you all my word of caution, it's gunna blowup, it's gunna be an ugly blowup, it'll quite possibly take place earlier not later on and it will leave a trail of devastation behind it. |
- | It's | + | It's prohibited, it's a pyramid, it's possibly a Ponzi system, it's going to get stopped-- don't acquire scooped in to it. |
- | Including | + | Including even more weight to Schroeder's words is a short look at the types of individuals the NETWORK MARKETING cent public auction niche market has attracted thus far: |
- | Zeek Rewards-- it's obvious that | + | Zeek Rewards-- it's obvious that many of the top earners in Zeek Rewards were leading users in the Ponzi system Advertisement Browse Daily. Theoretically a respectable chunk of the preliminary financial investment seed money pumped into Zeek Rewards came directly from Ad Browsing Daily |
- | Bidify-- Bidify's Chief Creative | + | Bidify-- Bidify's Chief Creative Officer, Frode Jorgensen has a history with being involved in seaward profit opportunites that firmly seemed like Ponzi systems. Many other founders exist, however they are shrouded in secrecy with Bidify to time not disclosing the specific company framework of the provider |
- | Bids That | + | Bids That Offer-- CEO and also creator Randy Jeffers has actually had several NETWORK MARKETING companies closed down by USA authorities |
- | The most | + | The most recent Multi Level Marketing dime public auction to turn up on my radar is 'Igobidwin' (also being marketed as " Worldwide Paradigm Switch", "Ultimate Strength Profits", "Power Profits", "Spinfinity" as well as "MyTurnOnTop"), which is being launched by GlobalOne Companies LLC. |
- | Not much is understood at this point (the | + | Not much is understood at this point (the business is supposed to launch sometime in the following couple of weeks) however there appears to be possible ties between GlobalOne Providers LLC as well as the pyramid program feeder OneX. |
- | + | Associates of Igobidwin who purchased their members by means of credit card, recognized they were being billed by 'SIGNATURELIFE QLX', the same company that turned up on OneX associate sales slips. | |
- | OneX was a feeder in to QLXChange, which in turn fed associates | + | OneX was a feeder in to QLXChange, which in turn fed associates in to a globe of unethical closed-door investment possibilities, with involvement simply allowed if a non-disclosure arrangement was signed. |
- | At the end of the day whichever Multi Level Marketing | + | At the end of the day whichever Multi Level Marketing penny public sale you're thinking of, they all operate on the fundamental principle concept that associates invest $ x, acquire some sort of online currency points then earn an efficient ROI) $ x based on just how countless points they have, with the points expiring after a specific time period. |
- | Members | + | Members may of course raise their points ( as well as efficient ROI) by re-investing the returns the provider pays out daily, and/or sponsoring new backers ( associates) as well as getting them to put in. |
- | Virtually ONE HUNDRED % of the revenue | + | Virtually ONE HUNDRED % of the revenue generated by these providers is via member purchases (investments in bids with the exclusive acquiring drive being to switch them into points for the day-to-day ROI delivered) as well as hence the exact same is true of where the money these providers are paying out originates from. |
- | This alone is sufficient analysis of the | + | This alone is sufficient analysis of the typical central company model used by Multi Level Marketing dime public sales (you will not ever view one of these launch that just pays regular payments on the sale of dollar public auction bids, due to the fact that there are no legitimate retail consumers), however when you consider that is involved at the top levels of the business in the specific niche, either at a management degree or as best earners, the creating is on the wall surface. |
- | No doubt attempts will be made to simply brush off Schroeder's | + | No doubt attempts will definitely be made to simply brush off Schroeder's reviews as " envy", " negative thoughts" or some other dismissive labels, nevertheless bit can be said to refute his claims. |
- | I | + | I indicate you can do the whole pseudo compliance song and dance and also \* winkwink nudgenudge \* call a wolf in sheep's clothing a zebra, yet functionally this changes 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 punish your members for making use of financial investment vocabulary under the guise of " conformity", an profit option that pays out returns (guaranteed or not) based on just how much seed money a new members administers in to the system, which is composed of the cash new and also existing affiliates have both at first put in and also continue to re-invest so as to expand their day-to-day returns, is a Ponzi scheme. |
- | + | Exactly how anybody that has been or is involved in the mlm industry for more than ten minutes as well as can love the idea of selling items to legitimate retail consumers as well as getting a commission on said sales may assume otherwise, continues to baffle me. | |
- | You | + | You could hear Randy Schroeder's comments regarding Zeek Rewards in their totality beneath: |
- | Indicate that the above audio was taken from the July 16th Monavie " | + | Indicate that the above audio was taken from the July 16th Monavie "Leadership Mentoring" call which in its totality ran for 53 moments and 38 seconds. Zeek Rewards was not mentioned or referred to in the other parts of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review] |