Zeek Rewards is the greatest
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- | One of the more | + | One of the even more appealing high qualities of a Ponzi system is that for really little effort, if any kind of at all, members could get a significant return on their financial investments. Zeek Rewards 90 Day Strategy |
- | Splice this in with a | + | Splice this in with a Multi Level Marketing settlement strategy and also let the word spread virally via the market as well as eventually you're bound to attract the attention of additional companies functioning in the very same field. |
- | With no | + | With no strings connected membership sensible, it's no secret that numerous Zeek Rewards associates are entailed mainly in additional Multi Level Marketing options that for some, prohibited the cross marketing of another option to their existing downlines. |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor arrangements also restrict the mere participation in one more Multi Level Marketing provider entirely. |
- | + | Nonetheless, as VIP point balances swell those playing the multi-opportunity stakes in Zeek Rewards and also some other companies are no doubt identifying themselves in the demanding position of evaluating up their main NETWORK MARKETING business with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's hard to dismiss the returns Zeek Rewards pay daily for what may quickly be considered passive investment income (via bought customers and ad placing automatic). When you contrast this to a traditional sales based MLM possibility that depends on real consumers (not harvested e-mail addresses where the managers do not even understand they've been signed up and also don't need to actually buy everything to be tallied as clients), it doesn't take long for the Ponzi'esque returns to outshine the earnings stemmed from a legit possibility. |
- | With this | + | With this sadly the inescapable happens and Zeek Rewards associates look towards their very own existing downlines in an attempt to expand their Zeek downlines. There's no quicker means to boost your very own financial investment returns than to convince people you recognize to additionally put in and experience the passive commissions this generates. |
- | + | Eventually enough associates are involved in multiple business that administration can easily not dismiss queries from their arena and also in the most extreme cases, even identify themselves being called on to make a public statement on the option in question. | |
- | + | Two the first days such manager was Monavie's Chief of state of their North American as well as European markets, Randy Schroeder. | |
- | Blasting Zeek Rewards on a July 16th Monavie " | + | Blasting Zeek Rewards on a July 16th Monavie "Leadership Mentoring" phone call, Schroeder ( that credits himself as being "one who has substantial expertise of the (MLM) industry") declared that Zeek Rewards was a business that "comes along and sweeps individuals into a path that becomes a path of devastation". |
- | Mentioning | + | Mentioning various requests "over the past many weeks seeking his opinion on Zeek Rewards ( theoretically from Monavie associates), Schroeder ( picture above) announced on the 16th that Zeek Rewards is " unlawful, a pyramid system (and) undoubtedly a Ponzi scheme". |
- | + | Clarifying on why, Schroeder specifies that "one of the greatest methods to predict the future is to very carefully and significantly study the past". He at that point takes place to explanation that | |
- | + | providers whose settlement strategy is even from another location similar to the means people are settlement in the course called Zeek Rewards, falls method outside of the FTC rules in regards to exactly what's legitimate in the home based business or direct selling sector. | |
- | I | + | I imply means, means, means outside the suggestions. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is speaking specifically pertaining to internal intake and that in its present kind (and for the past year and a half), Zeek Rewards has actually operated with around ONE HUNDRED % internal intake by way of associates purchasing bids to award. |
- | Once these bids are | + | Once these bids are handed out, or dumped onto customer bank accounts ( generated with an e-mail address, and also in lots of instances where the owner of the email address has actually not joined themselves or is even aware they are being enrolled to Zeekler, Zeek Rewards's cent public sale arm), the Zeek Rewards associate who provided the bids they themselves bought away, then goes on to make a 90 day ROI on their bid acquisition. |
- | The most remarkable | + | The most remarkable provider Schroeder contrasts Zeek Rewards to might of course be Advertisement Browse Daily, a Ponzi system that offered ludicrous returns claiming its associates were acquiring advertising and marketing. |
- | In Zeek Rewards, the | + | In Zeek Rewards, the business claims its associates are purchasing dollar public sale bids and also gives similar unbelievable returns, thought to be by and large cashed by affiliate money. Zeek Rewards refuse to make clear if this holds true and/or release documentation proving otherwise. CEO Paul Burks declares that the comprise of the daily ROI that Zeek Rewards pays is a " exclusive tip". |
- | Based upon this, Schroeder ends that Zeek Rewards will definitely " | + | Based upon this, Schroeder ends that Zeek Rewards will definitely "come to remorse in the relatively around future, not far in to the future", |
- | I believe when | + | I believe when people are being inquired to invest 10 thousand dollars into a program with the concept they should do no work however will certainly get excessively high returns, is shouting out in advance: "Don't do it, don't do it, don't do it, do not do it!" |
- | And also yet so | + | And also yet so alluring is the concept of fast money for which one need not operate that alot of people are obtaining swept into that trail. |
- | + | Right now I would certainly just to offer you all my word of care, it's gunna blowup, it's gunna be an unsightly blowup, it'll undoubtedly take place earlier not later on and also it will leave a path of devastation behind it. | |
- | It's forbidden, it's a pyramid, it's | + | It's forbidden, it's a pyramid, it's undoubtedly a Ponzi scheme, it's going to get stopped-- do not have swept up in to it. |
- | Adding more weight to Schroeder's words is a brief look at the | + | Adding a lot more weight to Schroeder's words is a brief look at the kinds of individuals the MLM dime auction particular niche has actually enticed so far: |
- | Zeek Rewards-- it's obvious that | + | Zeek Rewards-- it's obvious that many of the top earners in Zeek Rewards were best users in the Ponzi scheme Advertisement Browse Daily. Probably a decent chunk of the preliminary investment seed money pumped into Zeek Rewards came straight from Ad Browsing Daily |
- | Bidify-- Bidify's Chief Creative | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a history with being involved in offshore profit opportunites that really appeared like Ponzi schemes. A number of some other originators exist, nevertheless they are shrouded in secrecy with Bidify to day not exposing the precise commercial structure of the company |
- | Bids That | + | Bids That Offer-- CEO and founder Randy Jeffers has actually had several Multi Level Marketing businesses stopped by US authorities |
- | The most | + | The most recent Multi Level Marketing cent public sale to appear on my radar is 'Igobidwin' ( even being industried as " International Paradigm Shift", "Ultimate Strength Profits", " Strength Profits", "Spinfinity" as well as "MyTurnOnTop"), which is being introduced by GlobalOne Providers LLC. |
- | Not much is | + | Not much is known at this point (the business is expected to launch sometime in the next couple of weeks) yet there appears to be potential ties in between GlobalOne Companies LLC and the pyramid program feeder OneX. |
- | + | Members of Igobidwin who paid for their membership by means of debit card, recognized they were being billed by 'SIGNATURELIFE QLX', the very same business that appeared on OneX associate receipts. | |
- | OneX was a feeder in to QLXChange, which in turn | + | OneX was a feeder in to QLXChange, which in turn fed members into a world of unethical closed-door financial investment opportunities, with participation only allowed if a non-disclosure agreement was signed. |
- | At the end of the day whichever NETWORK MARKETING | + | At the end of the day whichever NETWORK MARKETING penny auction you're thinking of, they all operate on the basic concept concept that associates spend $ x, receive some sort of virtual currency points then make an successful ROI) $ x based on exactly how many points they have, with the points ending after a specific period of time. |
- | Members | + | Members could of course increase their points ( as well as effective ROI) by re-investing the returns the company pays out daily, and/or sponsoring new investors (affiliates) and getting them to put in. |
- | + | Virtually ONE HUNDRED % of the revenue generated by these providers is through associate acquisitions (investments in bids with the sole buying commitment being to switch them in to points for the daily ROI delivered) and therefore the very same is true of where the money these companies are paying out comes from. | |
- | This alone is sufficient | + | This alone is sufficient analysis of the usual central company design utilized by MLM dime auctions (you won't ever view one of these launch that merely pays typical percentages on the sale of penny auction bids, since there are no genuine retail clients), yet when you consider that is involved at the top levels of the business in the specific niche, either at a administration degree or as top earners, the writing is on the wall surface. |
- | No doubt attempts will certainly be made to | + | No doubt attempts will certainly be made to simply brush off Schroeder's opinions as " envy", " negative thoughts" or additional dismissive labels, nevertheless little can be stated to refute his claims. |
- | I | + | I indicate you can do the whole pseudo conformity song and dance and \* winkwink nudgenudge \* call a wolf in sheep's garments a zebra, however functionally this modifications nothing at all. |
- | No matter what front company you attach to it, no matter what you call associate | + | No matter what front company you attach to it, no matter what you call associate investments and no matter how hard you punish your members for using financial investment jargon under the guise of " conformity", an profit possibility that pays returns ( ensured or not) based on just how much seed money a new members injects into the scheme, which is composed of the money brand-new as well as existing associates have both at first spent and continue to re-invest so about expand their daily returns, is a Ponzi scheme. |
- | Exactly how anybody | + | Exactly how anybody who has been or is involved in the network marketing business for more than 10 moments as well as can treasure the idea of selling products to real retail consumers and earning a percentage on said sales could think typically, continues to baffle me. |
- | You | + | You can listen to Randy Schroeder's opinions pertaining to Zeek Rewards in their whole beneath: |
- | + | Indicate that the above audio was taken from the July 16th Monavie " Management Mentoring" phone call which in its totality ran for 53 seconds and also 38 seconds. Zeek Rewards was not mentioned or described in the other parts of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |