Ballin Zeek Rewards
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- | One of the a lot more | + | One of the a lot more desirable qualities of a Ponzi program is that for incredibly little work, if any at all, members could get a significant return on their financial investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |
- | Splice this in with a NETWORK MARKETING compensation plan and also | + | Splice this in with a NETWORK MARKETING compensation plan and also let the word spread virally with the industry as well as sooner or later you're bound to entice the attention of additional business running in the very same field. |
- | With no | + | With no strands fastened membership wise, it's no secret that several Zeek Rewards affiliates are included mostly in additional MLM options that for some, prohibited the cross marketing of any other option 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 mere involvement in another Multi Level Marketing company altogether. |
- | + | However, as VIP point balances swell those wagering the multi-opportunity stakes in Zeek Rewards and also other business are no doubt finding themselves in the daunting position of considering up their key NETWORK MARKETING business 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 simply be considered passive investment income (via purchased customers and ad placing hands free operation). When you compare this to a traditional sales based NETWORK MARKETING possibility that relies on genuine customers (not harvested e-mail addresses where the managers don't also understand they've been joined and also do not need to really buy everything to be calculated as consumers), it does not take long for the Ponzi'esque returns to rise above the earnings stemmed from a legit chance. |
- | With this | + | With this unfortunately the unavoidable takes place as well as Zeek Rewards associates look to their own existing downlines in an effort to grow their Zeek downlines. There's no quicker method to increase your very own investment returns than to persuade individuals you know to also invest and reap the passive payments this generates. |
- | + | Ultimately sufficient associates are involved in various providers that management could not dismiss queries from their area as well as in the most extreme cases, even find themselves being called on to make a public statement on the option in question. | |
- | + | 2 days one such manager was Monavie's Chief of state of their North American and also European markets, Randy Schroeder. | |
- | Blasting Zeek Rewards on a July 16th Monavie " | + | Blasting Zeek Rewards on a July 16th Monavie " Management Mentoring" call, Schroeder (who credits himself as being "one who has extensive knowledge of the ( NETWORK MARKETING) sector") declared that Zeek Rewards was a business that " arrives as well as scrubs individuals into a route that develops into a route of devastation". |
- | + | Citing countless requests "over the past a number of weeks pursuing his viewpoint on Zeek Rewards ( theoretically from Monavie associates), Schroeder ( image above) stated on the 16th that Zeek Rewards is " prohibited, a pyramid scheme ( and also) undoubtedly a Ponzi program". | |
- | + | Specifying on why, Schroeder states that "one of the best methods to forecast the future is to very carefully and also critically study the past". He at that point goes on to reason that | |
- | + | companies whose compensation methodology is even remotely similar to the way individuals are settlement in the course called Zeek Rewards, falls method outside of the FTC rules in terms of just what's valid in the home based business or direct selling field. | |
- | I | + | I indicate method, means, means outside the suggestions. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is communicating especially relating to internal consumption and that in its current sort ( as well as for the past year as well as a fifty percent), Zeek Rewards has worked with close to ONE HUNDRED % internal consumption by way of affiliates purchasing bids to present. |
- | + | As soon as these bids are awarded, or unloaded onto client bank accounts ( developed with an e-mail address, and in many 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 cent public auction arm), the Zeek Rewards associate who gave the bids they themselves acquired away, then takes place to obtain a 90 day ROI on their bid purchase. | |
- | The most | + | The most remarkable company Schroeder compares Zeek Rewards to will of course be Advertisement Search Daily, a Ponzi program that gave absurd returns claiming its associates were acquiring advertising. |
- | In Zeek Rewards, the business | + | In Zeek Rewards, the business claims its members are acquiring cent auction bids as well as gives similar absurd returns, believed to be by and large moneyed by associate money. Zeek Rewards turn down to make clear if this holds true and/or release documentation verifying normally. CEO Paul Burks declares that the make up of the everyday ROI that Zeek Rewards pays is a "proprietary key". |
- | Based upon this, Schroeder | + | Based upon this, Schroeder concludes that Zeek Rewards will certainly " relate to grief in the fairly close to future, not far into the future", |
- | I believe when | + | I believe when people are being asked to put in ten 1000 bucks into a course with the concept they need to do no work but will definitely get inflated returns, is shrieking out in advance: "Don't do it, do not do it, do not do it, do not do it!" |
- | + | As well as yet so appealing is the concept of rapid funds for which one need not function that alot of individuals are receiving vacuumed into that trail. | |
- | Right now I would | + | Right now I would simply to offer you all my word of care, it's gunna blowup, it's gunna be an unsightly blowup, it'll possibly take place quicker not later and it will leave a route of devastation behind it. |
- | It's | + | It's prohibited, it's a pyramid, it's possibly a Ponzi scheme, it's going to get closed down-- don't obtain swept up into it. |
- | + | Bring a lot more weight to Schroeder's words is a short look at the types of individuals the NETWORK MARKETING dollar auction particular niche has actually brought in heretofore: | |
- | Zeek Rewards-- it's obvious that many of the | + | Zeek Rewards-- it's obvious that many of the top earners in Zeek Rewards were best members in the Ponzi system Ad Browsing Daily. Probably a fair chunk of the initial investment seed money pumped in to Zeek Rewards came straight from Advertisement Surf Daily |
- | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a history with being involved in offshore | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a history with being involved in just offshore profit opportunites that strongly resembled Ponzi programs. Many additional founders exist, nevertheless they are shrouded in secrecy with Bidify to time not revealing the particular business framework of the company |
- | Bids That Give-- CEO and | + | Bids That Give-- CEO and also originator Randy Jeffers has actually had many different NETWORK MARKETING businesses closed down by USA authorities |
- | The most | + | The most current Multi Level Marketing dollar auction to appear on my radar is 'Igobidwin' ( likewise being marketed as " Universal Paradigm Switch", "Ultimate Strength Profits", " Strength Profits", "Spinfinity" and also "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 provider is supposed to launch at some point in the next few weeks) however there appears to be prospective ties in between GlobalOne Companies LLC and also the pyramid system feeder OneX. |
- | Associates of Igobidwin who purchased their members | + | Associates of Igobidwin who purchased their members by means of bank card, observed they were being billed by 'SIGNATURELIFE QLX', the same provider that appeared on OneX member sales slips. |
- | OneX was a feeder | + | OneX was a feeder in to QLXChange, which in turn fed members in to a globe of unethical closed-door investment options, with engagement just enabled 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 about, they all operate on the essential principle concept that members spend $ x, get some sort of online currency points and then gain an successful ROI) $ x based on precisely how several points they have, with the points ending after a particular time period. |
- | Members | + | Members could of course increase their points (and efficient ROI) by re-investing the returns the company pays daily, and/or enrolling new investors (affiliates) and also having them to put in. |
- | Virtually | + | Virtually ONE HUNDRED % of the revenue created by these business is via member acquisitions (investments in bids with the sole acquiring commitment being to transform them into points for the daily ROI delivered) and also thereby the very same is true of where the money these business are paying out stems from. |
- | This alone is sufficient | + | This alone is sufficient analysis of the common primary business model utilized by Multi Level Marketing cent public sales (you won't ever see one of these launch that simply pays typical percentages on the sale of dollar auction bids, because there are no genuine retail customers), however when you consider that is included at the top degrees of the providers in the particular niche, either at a management level or as best earners, the work is on the wall. |
- | No doubt efforts will | + | No doubt efforts will definitely be made to simply brush off Schroeder's opinions as " resentment", "negativity" or other prideful labels, nonetheless bit can be said to refute 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 garments a zebra, yet functionally this modifications nothing. |
- | 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 investments and also no matter just how difficult you punish your members for utilizing financial investment terms under the guise of "compliance", an profit option that pays returns ( assured or not) based upon precisely how much seed money a new members injects into the program, which is made up of the cash new and existing affiliates have both initially spent as well as continue to re-invest so regarding grow their daily returns, is a Ponzi program. |
- | + | Just how anybody that has been or is involved in the mlm industry for greater than 10 seconds and also may treasure the idea of selling items to real retail consumers and also earning a payment on pointed out sales may assume normally, continues to baffle me. | |
- | You may | + | You may hear Randy Schroeder's remarks regarding Zeek Rewards in their entirety under: |
- | + | Note that the above sound was taken from the July 16th Monavie " Authority Mentoring" telephone call which in its entirety ran for 53 minutes and also 38 minutes. Zeek Rewards was not discussed or described in the remainder of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review] |