Ballin Zeek Rewards
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- | One of the | + | One of the more appealing qualities of a Ponzi scheme is that for remarkably little work, if any type of at all, members may gain 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 MLM settlement plan and let the word spread virally via the sector and eventually you're bound to draw in the attention of additional providers functioning in the very same market. |
- | With no strands affixed | + | With no strands affixed members advisable, it's no secret that several Zeek Rewards associates are involved mostly in some other Multi Level Marketing options that for some, forbid 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 | + | The stricter of these affiliate/distributor agreements even forbid the simple involvement in another Multi Level Marketing business entirely. |
- | + | Nonetheless, as VIP point balances swell those playing the multi-opportunity stakes in Zeek Rewards and also other companies are no doubt finding themselves in the difficult position of analyzing up their main Multi Level Marketing business with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's challenging to overlook the returns Zeek Rewards pay out daily for what could quickly be regarded passive financial investment earnings ( by means of bought consumers and advertisement placing hands free operation). When you examine this to a conventional sales based Multi Level Marketing chance that relies on legitimate customers (not gathered email addresses where the managers do not even understand they have actually been enrolled as well as do not have to in fact purchase anything to be added up as customers), it doesn't take long for the Ponzi'esque returns to rise above the income derived from a legit opportunity. |
- | With this sadly the inescapable occurs | + | With this sadly the inescapable occurs and Zeek Rewards associates look to their own existing downlines in an work to expand their Zeek downlines. There's no quicker means to boost your very own investment returns than to persuade individuals you understand to also spend as well as reap the passive percentages this produces. |
- | + | Inevitably enough members are involved in many different companies that administration can no longer brush aside queries from their arena and in the most extreme cases, even find themselves being called on to make a public statement on the opportunity in question. | |
- | + | 2 the first days such manager was Monavie's President of their North American and also European markets, Randy Schroeder. | |
- | Blasting Zeek Rewards on a July 16th Monavie " Management Mentoring" call, Schroeder ( | + | Blasting Zeek Rewards on a July 16th Monavie " Management Mentoring" telephone call, Schroeder (who credits himself as being "one that has comprehensive expertise of the ( NETWORK MARKETING) market") claimed that Zeek Rewards was a provider that "comes along and scrubs individuals into a route that develops into a path of devastation". |
- | Mentioning | + | Mentioning several requests "over the past several weeks pursuing his opinion on Zeek Rewards ( probably from Monavie affiliates), Schroeder ( picture above) proclaimed on the 16th that Zeek Rewards is " prohibited, a pyramid program ( and also) possibly a Ponzi system". |
- | + | Elaborating on why, Schroeder explains that "one of the best means to predict the future is to meticulously as well as very research the past". He at that point takes place to reason that | |
- | + | providers whose settlement methodology is even remotely like the means individuals are compensation in the show called Zeek Rewards, slips means outside of the FTC guidelines in regards to just what's genuine in the network marketing or direct selling industry. | |
- | I | + | I suggest method, means, method outside the standards. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is talking particularly concerning inner intake and that in its existing sort ( as well as for the past year and a fifty percent), Zeek Rewards has actually functioned with near 100 % internal intake by way of associates acquiring bids to award. |
- | + | Once these bids are given away, or unloaded onto customer bank accounts ( developed with an email address, and in countless situations where the owner of the email address has not signed up themselves or is even conscious they are being enrolled to Zeekler, Zeek Rewards's dollar auction arm), the Zeek Rewards affiliate that provided the bids they themselves acquired away, at that point takes place to make a 90 day ROI on their bid purchase. | |
- | The most | + | The most significant provider Schroeder compares Zeek Rewards to will of course be Ad Surf Daily, a Ponzi program that provided foolish returns claiming its associates were buying advertising and marketing. |
- | In Zeek Rewards, the | + | In Zeek Rewards, the provider declares its associates are acquiring penny auction bids and delivers comparable foolish returns, believed to be by and large moneyed by associate cash. Zeek Rewards refuse to clarify if this is the case and/or release paperwork proving typically. CEO Paul Burks declares that the compose of the everyday ROI that Zeek Rewards pays is a "proprietary secret". |
- | Based | + | Based upon this, Schroeder closes out that Zeek Rewards will " pertain to grief in the relatively near future, not far into the future", |
- | I | + | I believe when people are being inquired to put in ten 1000 dollars into a course with the idea they must do no work but will certainly obtain expensive returns, is screeching out in advance: "Don't do it, do not do it, do not do it, do not do it!" |
- | And also yet so | + | And also yet so alluring is the idea of swift hard earned cash for which one need not work that alot of people are receiving scrubed into that trail. |
- | + | Currently I might just to give you all my word of caution, it's gunna blowup, it's gunna be an unsightly blowup, it'll undoubtedly happen faster not later on as well as it will leave a trail of devastation behind it. | |
- | It's | + | It's forbidden, it's a pyramid, it's quite possibly a Ponzi program, it's going to get closed down-- don't receive scooped in to it. |
- | + | Including more weight to Schroeder's words is a quick look at the sorts of individuals the Multi Level Marketing cent public auction particular niche has actually brought in thus far: | |
- | Zeek Rewards-- it's obvious that countless of the | + | Zeek Rewards-- it's obvious that countless of the top earners in Zeek Rewards were best players in the Ponzi program Advertisement Browse Daily. Theoretically a decent piece of the preliminary investment seed money pumped in to Zeek Rewards came directly from Advertisement Surf Daily |
- | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a past with being involved in | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a past with being involved in offshore earnings opportunites that firmly seemed like Ponzi systems. Numerous additional creators exist, nonetheless they are shrouded in secrecy with Bidify to day not revealing the exact company structure of the company |
- | Bids That | + | Bids That Give-- CEO and also founder Randy Jeffers has had several NETWORK MARKETING companies shut down by United States authorities |
- | The most current Multi Level Marketing | + | The most current Multi Level Marketing cent public auction to pop up on my radar is 'Igobidwin' ( even being marketed place as " International Paradigm Switch", "Ultimate Power Profits", " Strength Profits", "Spinfinity" as well as "MyTurnOnTop"), which is being launched by GlobalOne Providers LLC. |
- | Not much is | + | Not much is understood at this point (the company is expected to launch at some point in the next couple of weeks) yet there seems prospective ties in between GlobalOne Providers LLC as well as the pyramid scheme feeder OneX. |
- | Members of Igobidwin that purchased their | + | Members of Igobidwin that purchased their membership through credit card, noticed they were being billed by 'SIGNATURELIFE QLX', the same provider that showed up on OneX associate sales slips. |
- | OneX was a feeder in to QLXChange, which in turn | + | OneX was a feeder in to QLXChange, which in turn fed associates into a globe of unethical closed-door financial investment opportunities, with participation just allowed if a non-disclosure contract was signed. |
- | At the end of the day whichever | + | At the end of the day whichever Multi Level Marketing dollar public auction you're taking into account, they all operate on the essential guideline concept that members spend $ x, obtain some sort of virtual currency points and then gain an effective ROI) $ x based upon precisely how countless points they have, with the points ending after a particular period. |
- | + | Members can of course raise their points ( and also effective ROI) by re-investing the returns the company pays daily, and/or sponsoring new investors ( associates) and also getting them to spend. | |
- | + | Virtually ONE HUNDRED % of the revenue created by these companies is through member acquisitions (investments in bids with the exclusive buying motivation being to switch them in to points for the day-to-day ROI provided) and thereby the same is true of where the money these companies are paying comes from. | |
- | This alone is sufficient analysis of the | + | This alone is sufficient analysis of the common center business model used by NETWORK MARKETING cent public auctions (you won't ever see one of these launch that just pays basic payments on the sale of cent public auction bids, since there are no real retail consumers), but when you consider who is included at the top degrees of the business in the niche, either at a administration degree or as leading earners, the creating is on the wall. |
- | No doubt | + | No doubt attempts will be made to simply brush off Schroeder's opinions as " envy", "negativity" or additional prideful labels, having said that bit can be pointed out to negate 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 clothes a zebra, yet functionally this changes nothing at all. |
- | No matter what front | + | No matter what front company you attach to it, no matter what you call associate financial investments and also no matter precisely how hard you penalize your associates for utilizing financial investment vocabulary under the guise of " conformity", an income possibility that pays out returns ( promised or not) based upon just how much seed money a new members administers into the scheme, which is made up of the cash brand-new and also existing affiliates have both initially put in as well as continue to re-invest so regarding grow their everyday returns, is a Ponzi program. |
- | + | Precisely how anybody that has been or is involved in the mlm business for greater than 10 seconds and can easily appreciate the concept of selling items to genuine retail clients and getting a commission on said sales may assume typically, continues to baffle me. | |
- | You | + | You can listen to Randy Schroeder's remarks pertaining to Zeek Rewards in their whole beneath: |
- | Indicate that the above | + | Indicate that the above audio was taken from the July 16th Monavie " Authority Mentoring" telephone call which in its whole ran for 53 moments as well as 38 seconds. Zeek Rewards was not discussed or referred to in the rest of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review] |