Ballin Zeek Rewards
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- | One of the a lot more | + | One of the a lot more attractive high qualities of a Ponzi scheme is that for remarkably little effort, if any type of at all, members can easily gain a substantial return on their financial investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |
- | Splice this in with a NETWORK MARKETING compensation | + | Splice this in with a NETWORK MARKETING compensation plan and also allow the word spread virally through the sector as well as sooner or later you're bound to draw in the attention of some other companies working in the exact same market. |
- | With no cords connected membership | + | With no cords connected membership sensible, it's obvious that several Zeek Rewards affiliates are included mainly in other Multi Level Marketing possibilities that for some, prohibited the cross marketing of another chance 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 ban the simple participation in yet another Multi Level Marketing business altogether. |
- | + | Nevertheless, as VIP point balances well up those playing the multi-opportunity stakes in Zeek Rewards and other companies are no doubt locating themselves in the tough position of analyzing up their major NETWORK MARKETING company with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's difficult to neglect the returns Zeek Rewards pay out daily for what can quickly be regarded passive financial investment earnings ( using purchased clients and advertisement placing automation). When you examine this to a typical sales based Multi Level Marketing possibility that relies on real clients (not harvested email addresses where the managers don't even know they have actually been subscribed and don't have to really acquire anything to be counted as consumers), it does not take long for the Ponzi'esque returns to outshine the profit derived from a legit opportunity. |
- | With this | + | With this regrettably the inevitable takes place and also Zeek Rewards associates look to their own existing downlines in an work to expand their Zeek downlines. There's no quicker way to raise your very own investment returns than to convince people you understand to likewise spend and also experience the passive percentages this produces. |
- | + | Eventually enough associates are involved in a number of providers that administration can no longer dismiss queries from their industry as well as in the most extreme cases, even locate themselves being called on to make a public statement on the chance in question. | |
- | + | Two the first days 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 " Authority Mentoring" telephone call, Schroeder ( that himself as being "one | + | Blasting Zeek Rewards on a July 16th Monavie " Authority Mentoring" telephone call, Schroeder ( that himself as being "one that has extensive understanding of the (MLM) sector") claimed that Zeek Rewards was a provider that " arrives and sweeps people into a trail that turns into a route of devastation". |
- | + | Mentioning many requests "over the past a number of weeks seeking his viewpoint on Zeek Rewards (presumably from Monavie associates), Schroeder ( image above) declared on the 16th that Zeek Rewards is " against the law, a pyramid program ( and also) quite possibly a Ponzi scheme". | |
- | Elaborating on why, Schroeder | + | Elaborating on why, Schroeder states that "one of the very best means to predict the future is to carefully and also very study the past". He then takes place to explanation that |
- | + | providers whose compensation approach is even by remote similar to the way individuals are compensation in the course called Zeek Rewards, falls way outside of the FTC guidelines in terms of just what's valid in the multi level marketing or direct selling business. | |
- | I mean | + | I mean way, way, method outside the guidelines. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is speaking especially pertaining to internal intake and that in its current sort ( as well as for the past year and also a fifty percent), Zeek Rewards has actually run with close to 100 % internal consumption by way of affiliates purchasing bids to award. |
- | + | Once these bids are given away, or dumped onto client bank accounts ( generated with an email address, as well as in numerous situations where the owner of the email address has not registered themselves or is even aware they are being registered to Zeekler, Zeek Rewards's dime public sale arm), the Zeek Rewards associate that offered the bids they themselves purchased away, at that point goes on to acquire a 90 day ROI on their bid purchase. | |
- | The most | + | The most noteworthy company Schroeder contrasts Zeek Rewards to might of course be Ad Search Daily, a Ponzi system that supplied foolish returns declaring its members were acquiring advertising and marketing. |
- | In Zeek Rewards, the | + | In Zeek Rewards, the business declares its associates are buying dime public auction bids and delivers comparable outrageous returns, thought to be by and large funded by associate cash. Zeek Rewards turn down to make clear if this holds true and/or release paperwork verifying normally. CEO Paul Burks declares that the comprise of the daily ROI that Zeek Rewards pays is a " exclusive secret". |
- | Based | + | Based upon this, Schroeder ends that Zeek Rewards will definitely " relate to grief in the relatively near future, not far in to the future", |
- | I | + | I believe when individuals are being asked to spend 10 thousand dollars into a program with the concept they should do no work however will definitely receive expensive returns, is screeching out in advance: " Do not do it, do not do it, don't do it, don't do it!" |
- | And | + | And yet so alluring is the concept of swift hard earned cash for which one need not operate that alot of individuals are having scrubed into that trail. |
- | + | Right now I would merely to give you all my word of care, it's gunna blowup, it's gunna be an unsightly blowup, it'll most likely take place faster not later and it will leave a trail of devastation behind it. | |
- | It's | + | It's unlawful, it's a pyramid, it's most likely a Ponzi program, it's going to get shut down-- do not get scooped into it. |
- | + | Including more weight to Schroeder's words is a brief look at the types of people the Multi Level Marketing dime public auction specific niche has attracted so far: | |
- | Zeek Rewards-- it's obvious that | + | Zeek Rewards-- it's obvious that many of the best earners in Zeek Rewards were top users in the Ponzi program Ad Browsing Daily. Probably a reasonable chunk of the initial 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 history with being involved in offshore earnings opportunites that firmly looked like Ponzi schemes. Many some other founders exist, nevertheless they are shrouded in secrecy with Bidify to day not revealing the particular company framework of the provider |
- | Bids That | + | Bids That Give-- CEO and creator Randy Jeffers has had various NETWORK MARKETING companies stopped by United States authorities |
- | The most | + | The most recent MLM penny public sale to turn up on my radar is 'Igobidwin' (also being marketed place as " Universal Paradigm Move", "Ultimate Power Profits", "Power Profits", "Spinfinity" and also "MyTurnOnTop"), which is being launched by GlobalOne Business LLC. |
- | Not much is | + | Not much is understood at this point (the business is expected to launch sometime in the next few weeks) however there appears to be possible ties between GlobalOne Providers LLC and the pyramid program feeder OneX. |
- | Associates of Igobidwin who purchased their | + | Associates of Igobidwin who purchased their members through debit card, saw they were being billed by 'SIGNATURELIFE QLX', the same provider that showed up on OneX member receipts. |
- | OneX was a feeder | + | OneX was a feeder into QLXChange, which in turn fed members into a world of unethical closed-door financial investment chances, with involvement only let if a non-disclosure agreement was signed. |
- | At the end of the day whichever Multi Level Marketing | + | At the end of the day whichever Multi Level Marketing dollar public auction you're considering, they all operate on the basic guideline concept that associates spend $ x, have some sort of virtual money points then acquire an efficient ROI) $ x based on how numerous points they have, with the points ending after a particular period. |
- | + | Members may of course increase their points (and effective ROI) by re-investing the returns the company pays out daily, and/or recruiting new backers ( associates) as well as having them to put in. | |
- | Virtually | + | Virtually 100 % of the revenue generated by these companies is using member acquisitions (investments in bids with the exclusive buying inspiration being to switch them into points for the everyday ROI delivered) and therefore the same is true of where the money these providers are paying originates from. |
- | This alone is sufficient | + | This alone is sufficient investigation of the frequent center company style used by MLM dollar auctions (you won't ever before view one of these launch that merely pays standard payments on the sale of penny public auction bids, because there are no legitimate retail customers), however when you consider that is included at the top levels of the business in the particular niche, either at a administration level or as leading earners, the work is on the wall surface. |
- | No doubt | + | No doubt efforts will certainly be made to just brush off Schroeder's remarks as " envy", "negativity" or other prideful labels, nevertheless little can be stated to refute his claims. |
- | I | + | I mean you can do the whole pseudo compliance song and dance as well as \* winkwink nudgenudge \* call a wolf in sheep's garments a zebra, but functionally this changes nothing at all. |
- | No matter what front company you attach to it, no matter what you call associate investments | + | No matter what front company you attach to it, no matter what you call associate investments as well as no matter how hard you punish your members for using investment jargon under the guise of "compliance", an earnings option that pays returns ( assured or not) based on just how much seed money a new members administers in to the scheme, which is comprised of the money new as well as existing affiliates have actually both initially put in and also continue to re-invest so regarding expand their daily returns, is a Ponzi program. |
- | Precisely how anyone who | + | Precisely how anyone who has been or is involved in the mlm market for greater than 10 seconds as well as may appreciate the concept of selling items to legitimate retail clients and making a payment on said sales could think otherwise, continues to baffle me. |
- | You | + | You may listen to Randy Schroeder's reviews concerning Zeek Rewards in their totality beneath: |
- | + | Mention that the above sound was taken from the July 16th Monavie " Management Mentoring" call which in its totality ran for 53 seconds and 38 seconds. Zeek Rewards was not mentioned or referred to in the rest of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review] |