Ballin Zeek Rewards
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- | One of the | + | One of the even more attractive top qualities of a Ponzi system is that for remarkably little attempt, if any kind of at all, members can earn a significant return on their investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |
- | Splice this in with a Multi Level Marketing | + | Splice this in with a Multi Level Marketing compensation strategy as well as allow the word spread virally with the sector and also eventually you're bound to attract the attention of some other companies running in the exact same field. |
- | With no | + | With no strands affixed membership a good idea, it's obvious that lots of Zeek Rewards affiliates are involved mostly in other Multi Level Marketing possibilities that for some, prohibited the cross advertising of another possibility to their existing downlines. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Top Team] |
- | The stricter of these affiliate/distributor arrangements also | + | The stricter of these affiliate/distributor arrangements also prohibit the mere involvement in yet another Multi Level Marketing company entirely. |
- | + | Nevertheless, as VIP point balances well up those betting the multi-opportunity stakes in Zeek Rewards and also other providers are no doubt locating themselves in the tough position of analyzing up their main Multi Level Marketing company with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's tough to disregard the returns Zeek Rewards pay daily for what could effortlessly be deemed passive investment profit (via acquired customers and also advertisement placing automatic). When you compare this to a conventional sales based MLM possibility that counts on real customers (not harvested email addresses where the managers don't even understand they've been signed up and don't have to actually acquire anything to be tallied as consumers), it does not take long for the Ponzi'esque returns to outshine the earnings derived from a legit possibility. |
- | With this sadly the inescapable occurs | + | With this sadly the inescapable occurs and also Zeek Rewards members look towards their very own existing downlines in an effort to grow their Zeek downlines. There's no quicker way to enhance your own financial investment returns than to encourage people you recognize to additionally invest and also reap the passive payments this generates. |
- | + | Ultimately sufficient associates are involved in many different providers that administration may not dismiss queries from their field and in the most extreme cases, also identify themselves being called on to make a public statement on the possibility in question. | |
- | Two | + | 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" call, Schroeder ( that himself as being "one who has substantial expertise of the ( Multi Level Marketing) market") claimed that Zeek Rewards was a provider that "comes along and also sweeps people in to a path that turns into a path of devastation". |
- | Mentioning | + | Mentioning many requests "over the past numerous weeks seeking his viewpoint on Zeek Rewards ( theoretically from Monavie associates), Schroeder ( snapshot above) announced on the 16th that Zeek Rewards is " prohibited, a pyramid system ( and also) most likely a Ponzi program". |
- | + | Specifying on why, Schroeder states that "one of the best ways to anticipate the future is to properly as well as significantly investigate the past". He then takes place to reason that | |
- | + | companies whose settlement technique is even by remote similar to the way people are settlement in the course called Zeek Rewards, falls way beyond the FTC guidelines in regards to what's genuine in the mlm or direct selling business. | |
- | I imply | + | I imply method, method, means outside the guidelines. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is communicating particularly relating to inner usage and that in its current kind ( as well as for the past year as well as a fifty percent), Zeek Rewards has functioned with around ONE HUNDRED % internal consumption by way of associates acquiring bids to award. |
- | + | As soon as these bids are handed out, or dumped onto customer bank accounts ( made with an email address, and also in countless instances where the manager of the e-mail address has actually not signed up themselves or is even informed they are being enrolled to Zeekler, Zeek Rewards's cent public auction arm), the Zeek Rewards associate that offered the bids they themselves purchased away, at that point takes place to make a 90 day ROI on their bid acquisition. | |
- | The most | + | The most notable business Schroeder compares Zeek Rewards to would certainly of course be Ad Search Daily, a Ponzi system that offered outrageous returns declaring its associates were purchasing advertising. |
- | In Zeek Rewards, the business | + | In Zeek Rewards, the business declares its members are acquiring penny public sale bids and also delivers comparable absurd returns, thought to be by and large cashed by associate cash. Zeek Rewards refuse to shed light on if this is the case and/or release documents verifying typically. CEO Paul Burks claims that the compose of the daily ROI that Zeek Rewards pays is a " exclusive secret". |
- | Based on this, Schroeder concludes that Zeek Rewards will certainly " pertain to grief in the relatively | + | Based on this, Schroeder concludes that Zeek Rewards will certainly " pertain to grief in the relatively near future, not far into the future", |
- | I assume when individuals are being inquired to | + | I assume when individuals are being inquired to spend 10 1000 dollars in to a program with the idea they have to do no work however will definitely receive inflated returns, is shrieking out in advance: "Don't do it, do not do it, do not do it, don't do it!" |
- | + | And also yet so attractive is the concept of quick money for which one need not operate that alot of individuals are obtaining swept into that trail. | |
- | + | Presently I would definitely just to provide you all my word of caution, it's gunna blowup, it's gunna be an ugly blowup, it'll possibly happen earlier not later and it will certainly leave a route of devastation behind it. | |
- | It's | + | It's prohibited, it's a pyramid, it's most likely a Ponzi program, it's getting stopped-- don't acquire swept up into it. |
- | + | Bring more weight to Schroeder's words is a brief look at the types of people the NETWORK MARKETING dollar auction niche has actually attracted thus far: | |
- | Zeek Rewards-- it's | + | Zeek Rewards-- it's obvious that countless of the leading earners in Zeek Rewards were best players in the Ponzi scheme Ad Search Daily. Theoretically a respectable piece of the initial financial investment seed money pumped in to Zeek Rewards came straight from Ad Search Daily |
- | Bidify-- Bidify's Chief Creative | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a past with being involved in overseas income opportunites that firmly seemed like Ponzi systems. A number of other originators exist, nevertheless they are shrouded in secrecy with Bidify to time not divulging the precise business structure of the provider |
- | Bids That | + | Bids That Offer-- CEO as well as founder Randy Jeffers has had various MLM companies closed down by United States authorities |
- | The most current | + | The most current Multi Level Marketing dime auction to pop up on my radar is 'Igobidwin' ( even being marketed as " Worldwide Paradigm Change", "Ultimate Strength Profits", " Strength Profits", "Spinfinity" and also "MyTurnOnTop"), which is being introduced by GlobalOne Providers LLC. |
- | Not much is recognized at this point (the | + | Not much is recognized at this point (the business is expected to launch sometime in the following few weeks) but there seems potential ties in between GlobalOne Providers LLC and also the pyramid scheme feeder OneX. |
- | + | Members of Igobidwin that purchased their members by means of bank card, saw they were being billed by 'SIGNATURELIFE QLX', the very same provider that showed up on OneX member sales slips. | |
- | OneX was a feeder | + | OneX was a feeder in to QLXChange, which in turn supplied members in to a globe of unethical closed-door financial investment opportunities, with involvement only enabled if a non-disclosure arrangement was signed. |
- | At the end of the day whichever | + | At the end of the day whichever NETWORK MARKETING dime public auction you're thinking about, they all operate on the essential guideline idea that members spend $ x, receive some sort of online currency points and then gain an successful ROI) $ x based on just how many points they have, with the points expiring after a particular period. |
- | Associates | + | Associates may of course enhance their points ( and also efficient ROI) by re-investing the returns the business pays out daily, and/or recruiting brand-new backers (affiliates) and also getting them to invest. |
- | + | Nearly 100 % of the profits produced by these companies is through associate purchases (investments in bids with the exclusive purchasing incentive being to switch them in to points for the everyday ROI provided) as well as thus the exact same is true of where the money these providers are paying stems from. | |
- | This alone is sufficient | + | This alone is sufficient analysis of the frequent core company model utilized by NETWORK MARKETING cent auctions (you won't ever before view one of these launch that just pays common percentages on the sale of dollar public sale bids, since there are no legitimate retail clients), yet when you consider who is entailed at the top levels of the business in the particular niche, either at a management level or as top earners, the creating is on the wall. |
- | No doubt | + | No doubt efforts will certainly be made to merely brush off Schroeder's opinions as " resentment", " negativeness" or additional prideful labels, having said that little can be said to refute his claims. |
- | I | + | I mean you can do the whole pseudo conformity song and dance as well as \* winkwink nudgenudge \* call a wolf in sheep's apparel a zebra, yet functionally this changes nothing at all. |
- | No matter what front business you attach to it, no matter what you call | + | No matter what front business you attach to it, no matter what you call member investments and no matter just how tough you punish your associates for making use of financial investment jargon under the guise of "compliance", an profit possibility that pays out returns ( assured or not) based upon how much seed money a new members administers into the scheme, which is made up of the cash brand-new and existing associates 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. |
- | + | Just how anyone that has been or is involved in the network marketing field for greater than 10 seconds and also could appreciate the idea of selling items to real retail customers and also obtaining a commission on said sales could think otherwise, continues to baffle me. | |
- | You | + | You could listen to Randy Schroeder's reviews relating to Zeek Rewards in their totality under: |
- | + | Indicate that the above sound was taken from the July 16th Monavie " Management Mentoring" phone call which in its whole ran for 53 seconds and also 38 minutes. 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] |