Zeek Rewards the besties yup yup
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- | One of the | + | One of the a lot more attractive qualities of a Ponzi system is that for really little work, if any type of at all, members may gain a significant return on their investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards How It Works] |
- | Splice this in with a Multi Level Marketing | + | Splice this in with a Multi Level Marketing settlement strategy as well as let the word spread virally with the field and eventually you're bound to entice the attention of additional companies functioning in the exact same field. |
- | With no | + | With no cords attached membership smart, it's obvious that lots of Zeek Rewards affiliates are involved mainly in some other NETWORK MARKETING chances that for some, prohibited the cross marketing of other possibility to their existing downlines. |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor contracts also ban the mere engagement in one more NETWORK MARKETING provider entirely. |
- | + | Nevertheless, as VIP point balances swell those wagering the multi-opportunity stakes in Zeek Rewards and also some other companies are no doubt finding themselves in the challenging position of weighing up their key Multi Level Marketing company with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's difficult to ignore the returns Zeek Rewards pay daily for what could quickly be deemed passive financial investment profit ( using purchased clients and advertisement placing automation). When you compare this to a typical sales based MLM opportunity that relies on real customers (not harvested email addresses where the owners do not also understand they have actually been registered and also do not have to really buy anything to be calculated as customers), it does not take long for the Ponzi'esque returns to overshadow the earnings stemmed from a legit opportunity. |
- | With this | + | With this however the inevitable happens and Zeek Rewards members look to their own existing downlines in an effort to increase their Zeek downlines. There's no quicker way to enhance your own financial investment returns than to convince individuals you know to additionally invest as well as reap the passive payments this creates. |
- | At some point sufficient associates are involved in | + | At some point sufficient associates are involved in multiple providers that management may not dismiss queries from their industry and in the most extreme cases, even discover themselves being called on to make a public statement on the possibility in question. |
- | + | 2 the first days such manager 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" phone call, Schroeder ( that credits himself as being "one that has considerable knowledge of the ( Multi Level Marketing) industry") declared that Zeek Rewards was a provider that " arrives and also scrubs individuals into a path that develops into a route of devastation". |
- | Mentioning | + | Mentioning various requests "over the past several weeks seeking his opinion on Zeek Rewards (presumably from Monavie affiliates), Schroeder ( snapshot above) proclaimed on the 16th that Zeek Rewards is " forbidden, a pyramid system ( as well as) probably a Ponzi program". |
- | + | Clarifying on why, Schroeder specifies that "one of the best means to forecast the future is to thoroughly and significantly study the past". He then takes place to explanation that | |
- | + | business whose compensation method is even from another location like the way individuals are settlement in the course called Zeek Rewards, fallings off means outside of the FTC rules in terms of exactly what's legitimate in the mlm or direct selling field. | |
- | I | + | I imply method, means, way outside the guidelines. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is speaking particularly pertaining to inner intake and that in its existing form (and for the past year and also a half), Zeek Rewards has actually worked with near ONE HUNDRED % internal intake by way of affiliates acquiring bids to hand out. |
- | As soon as these bids are | + | As soon as these bids are presented, or dumped onto consumer accounts ( produced with an e-mail address, and also in countless situations where the owner of the email address has not subscribed themselves or is even aware they are being registered to Zeekler, Zeek Rewards's dime auction arm), the Zeek Rewards affiliate that offered the bids they themselves acquired away, at that point takes place to make a 90 day ROI on their bid acquisition. |
- | The most significant | + | The most significant business Schroeder contrasts Zeek Rewards to might of course be Advertisement Browsing Daily, a Ponzi program that supplied outrageous returns claiming its associates were purchasing marketing. |
- | In Zeek Rewards, the | + | In Zeek Rewards, the business declares its associates are purchasing dime public sale bids and also provides similar ludicrous returns, believed to be by and large funded by associate money. Zeek Rewards refuse to make clear if this holds true and/or release documentation proving normally. CEO Paul Burks claims that the comprise of the daily ROI that Zeek Rewards pays out is a " exclusive formula". |
- | Based | + | Based on this, Schroeder closes out that Zeek Rewards will definitely "come to remorse in the fairly around future, not far in to the future", |
- | I | + | I assume when individuals are being inquired to spend 10 thousand bucks into a show with the concept they need to do no work but will obtain inflated returns, is screaming out in advance: " Do not do it, don't do it, do not do it, do not do it!" |
- | + | And yet so attractive is the concept of quick funds for which one need not work that alot of individuals are acquiring vacuumed in to that trail. | |
- | Presently I would | + | Presently I would certainly just to provide you all my word of caution, it's gunna blowup, it's gunna be an uninviting blowup, it'll undoubtedly occur earlier not later on and also it will definitely leave a path of devastation behind it. |
- | It's | + | It's unlawful, it's a pyramid, it's most likely a Ponzi scheme, it's going to get closed down-- do not obtain scooped in to it. |
- | + | Adding even more weight to Schroeder's words is a short look at the kinds of people the Multi Level Marketing cent public auction niche market has brought in heretofore: | |
- | Zeek Rewards-- it's | + | Zeek Rewards-- it's no secret that many of the best earners in Zeek Rewards were leading users in the Ponzi scheme Ad Search Daily. Probably a respectable piece of the preliminary investment seed money pumped into Zeek Rewards came directly from Ad Browse Daily |
- | Bidify-- Bidify's Chief Creative Officer, Frode Jorgensen has a past with being involved in | + | Bidify-- Bidify's Chief Creative Officer, Frode Jorgensen has a past with being involved in overseas earnings opportunites that strongly seemed like Ponzi schemes. Numerous some other creators exist, nonetheless they are shrouded in secrecy with Bidify to date not disclosing the exact commercial structure of the provider |
- | Bids That Give-- CEO | + | Bids That Give-- CEO and founder Randy Jeffers has actually had many different NETWORK MARKETING businesses shut down by US authorities |
- | The most | + | The most recent Multi Level Marketing dime auction to pop up on my radar is 'Igobidwin' ( additionally being marketed as " International Paradigm Move", "Ultimate Power Profits", "Power Profits", "Spinfinity" and "MyTurnOnTop"), which is being launched by GlobalOne Companies LLC. |
- | Not much is | + | Not much is recognized at this point (the provider is expected to launch at some point in the following couple of weeks) however there seems possible ties in between GlobalOne Companies LLC and also the pyramid scheme feeder OneX. |
- | + | Associates of Igobidwin who paid for their members by means of charge card, noticed they were being billed by 'SIGNATURELIFE QLX', the exact same company that turned up on OneX member receipts. | |
- | OneX was a feeder into QLXChange, which in turn supplied associates | + | OneX was a feeder into QLXChange, which in turn supplied associates into a world of unethical closed-door financial investment opportunities, with participation just allowed if a non-disclosure agreement was signed. |
- | At the end of the day whichever NETWORK MARKETING dime public | + | At the end of the day whichever NETWORK MARKETING dime public auction you're taking into consideration, they all operate on the essential principle idea that associates invest $ x, get some sort of online currency points and then acquire an efficient ROI) $ x based upon precisely how lots of points they have, with the points ending after a certain period of time. |
[http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Info] | [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Info] | ||
- | Associates can of course | + | Associates can easily of course enhance their points ( as well as efficient ROI) by re-investing the returns the company pays daily, and/or sponsoring brand-new investors (affiliates) and getting them to invest. |
- | + | Nearly A HUNDRED % of the income created by these companies is using member acquisitions (investments in bids with the sole acquiring motivation being to switch them in to points for the everyday ROI provided) as well as hence the same is true of where the cash these providers are paying stems from. | |
- | This alone is sufficient analysis of the | + | This alone is sufficient analysis of the typical core business design utilized by MLM penny public sales (you won't ever see one of these launch that just pays regular payments on the sale of cent public sale bids, because there are no genuine retail consumers), however when you consider who is included at the top levels of the companies in the particular niche, either at a administration degree or as top earners, the writing is on the wall surface. |
- | No doubt attempts will be made to | + | No doubt attempts will be made to simply brush off Schroeder's opinions as "jealousy", "negativity" or other dismissive labels, having said that little can be said to negate his claims. |
- | I | + | I indicate you can do the whole pseudo compliance song and dance as well as \* winkwink nudgenudge \* call a wolf in sheep's apparel a zebra, yet functionally this changes absolutely nothing. |
- | No matter what front | + | No matter what front company you attach to it, no matter what you call associate investments and no matter just how challenging you penalize your members for using financial investment vocabulary under the guise of "compliance", an earnings opportunity that pays returns ( promised or not) based upon exactly how much seed money a new members injects in to the program, which is composed of the cash new and existing associates have both at first put in as well as continue to re-invest so regarding expand their everyday returns, is a Ponzi program. |
- | How | + | How anybody that has actually been or is involved in the multi level marketing sector for greater than 10 seconds as well as can easily love the idea of selling items to real retail consumers as well as making a percentage on stated sales can think typically, continues to baffle me. |
- | You | + | You can listen to Randy Schroeder's comments relating to Zeek Rewards in their totality beneath: |
- | Indicate that the above | + | Indicate that the above sound was taken from the July 16th Monavie " Management Mentoring" telephone call which in its entirety ran for 53 seconds and also 38 minutes. Zeek Rewards was not mentioned or described in the remainder of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review] |