Zeek Rewards is the greatest
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- | One of the | + | One of the even more appealing top qualities of a Ponzi system is that for incredibly little effort, if any at all, members could get a substantial return on their financial investments. Zeek Rewards 90 Day Strategy |
- | Splice this in with a | + | Splice this in with a NETWORK MARKETING settlement plan and allow the word spread virally via the sector as well as sooner or later you're bound to attract the attention of some other providers working in the same field. |
- | With no | + | With no strings fastened membership advisable, it's obvious that lots of Zeek Rewards affiliates are involved mostly in some other MLM possibilities that for some, forbid the cross advertising of another opportunity to their existing downlines. |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor agreements also ban the simple engagement in an additional MLM business altogether. |
- | + | However, as VIP point balances swell those playing the multi-opportunity stakes in Zeek Rewards as well as additional providers are no doubt discovering themselves in the daunting position of evaluating up their major NETWORK MARKETING business with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's tough to neglect the returns Zeek Rewards pay out daily for what can quickly be considered passive investment earnings ( using bought clients as well as ad placing hands free operation). When you compare this to a standard sales based MLM chance that counts on real clients (not cut e-mail addresses where the owners don't even recognize they've been enrolled as well as do not need to really acquire everything to be counted as consumers), it does not take long for the Ponzi'esque returns to overshadow the profit derived from a legit opportunity. |
- | With this | + | With this regrettably the inevitable happens and also Zeek Rewards members look to their very own existing downlines in an work to expand their Zeek downlines. There's no quicker method to raise your very own investment returns than to encourage individuals you know to likewise invest as well as reap the passive payments this creates. |
- | + | Inevitably enough members are involved in numerous companies that management may not dismiss queries from their arena as well as in the most extreme cases, also find themselves being gotten in touch with to make a public statement on the opportunity in question. | |
- | 2 days one such | + | 2 days one such exec was Monavie's President of their North American and European markets, Randy Schroeder. |
- | Blasting Zeek Rewards on a July 16th Monavie " | + | Blasting Zeek Rewards on a July 16th Monavie "Leadership Mentoring" call, Schroeder ( that himself as being "one that has comprehensive expertise of the ( NETWORK MARKETING) sector") declared that Zeek Rewards was a business that " appears as well as scrubs people in to a route that turns into a route of devastation". |
- | Mentioning | + | Mentioning countless requests "over the past many weeks pursuing his opinion on Zeek Rewards (presumably from Monavie affiliates), Schroeder ( snapshot above) announced on the 16th that Zeek Rewards is " forbidden, a pyramid program (and) undoubtedly a Ponzi system". |
- | + | Clarifying on why, Schroeder specifies that "one of the greatest methods to forecast the future is to properly as well as extremely research the past". He at that point takes place to explanation that | |
- | + | providers whose compensation method is even from another location similar to the means individuals are compensation in the course called Zeek Rewards, falls way outside of the FTC rules in regards to exactly what's valid in the multi level marketing or direct selling sector. | |
- | I | + | I imply method, means, means outside the suggestions. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is speaking particularly regarding internal usage and that in its present sort (and for the past year and also a fifty percent), Zeek Rewards has operated with around ONE HUNDRED % internal usage by way of associates purchasing bids to hand out. |
- | + | When these bids are handed out, or dumped onto customer accounts ( generated with an email address, and also in many circumstances where the manager of the email address has actually not joined themselves or is even conscious they are being registered to Zeekler, Zeek Rewards's dime auction arm), the Zeek Rewards affiliate who offered the bids they themselves acquired away, at that point goes on to acquire a 90 day ROI on their bid purchase. | |
- | The most | + | The most noteworthy business Schroeder compares Zeek Rewards to would certainly of course be Ad Browsing Daily, a Ponzi scheme that supplied foolish returns declaring its associates were purchasing advertising. |
- | In Zeek Rewards, the | + | In Zeek Rewards, the business claims its associates are acquiring dollar public auction bids as well as gives similar absurd returns, believed to be by and large moneyed by affiliate money. Zeek Rewards turn down to shed light on if this is the case and/or release paperwork proving typically. CEO Paul Burks declares that the comprise of the everyday ROI that Zeek Rewards pays is a " exclusive key". |
- | Based | + | Based upon this, Schroeder closes out that Zeek Rewards will " concern remorse in the reasonably close to future, not far in to the future", |
- | I assume when people are being | + | I assume when people are being asked to put in ten 1000 dollars into a program with the idea they should do no work yet will definitely obtain inflated returns, is shouting out in advance: "Don't do it, don't do it, do not do it, do not do it!" |
- | + | And yet so alluring is the idea of rapid money for which one need not work that alot of individuals are obtaining vacuumed in to that trail. | |
- | Right now I | + | Right now I would just to give you all my word of caution, it's gunna blowup, it's gunna be an unsightly blowup, it'll undoubtedly happen sooner not later on as well as it will leave a trail of devastation behind it. |
- | It's | + | It's illegal, it's a pyramid, it's probably a Ponzi program, it's getting closed down-- don't receive scooped into it. |
- | + | Bring more weight to Schroeder's words is a quick look at the varieties of people the Multi Level Marketing cent auction specific niche has actually drawn in thus far: | |
- | Zeek Rewards-- it's | + | Zeek Rewards-- it's obvious that several of the leading earners in Zeek Rewards were leading members in the Ponzi scheme Advertisement Surf Daily. Most likely a respectable portion of the preliminary investment seed money pumped in to Zeek Rewards came directly from Ad Browsing Daily |
- | Bidify-- Bidify's Chief Creative | + | Bidify-- Bidify's Chief Creative Officer, Frode Jorgensen has a history with being involved in seaward earnings opportunites that firmly resembled Ponzi systems. Numerous additional founders exist, nonetheless they are shrouded in secrecy with Bidify to day not revealing the precise commercial framework of the company |
- | Bids That | + | Bids That Give-- CEO as well as originator Randy Jeffers has had a number of NETWORK MARKETING companies closed down by USA authorities |
- | The most recent | + | The most recent Multi Level Marketing dollar public sale to turn up on my radar is 'Igobidwin' ( likewise being marketed place as "Global Paradigm Change", "Ultimate Strength Profits", " Strength Profits", "Spinfinity" as well as "MyTurnOnTop"), which is being launched by GlobalOne Business LLC. |
- | Not much is recognized at this point (the | + | Not much is recognized at this point (the provider is supposed to launch at some point in the following few weeks) but there seems potential ties between GlobalOne Companies LLC and the pyramid system feeder OneX. |
- | + | Members of Igobidwin who paid for their members by means of debit card, detected they were being billed by 'SIGNATURELIFE QLX', the very same provider that turned 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 supplied associates in to a world of shady closed-door financial investment chances, with engagement simply permitted if a non-disclosure agreement was signed. |
- | At the end of the day whichever | + | At the end of the day whichever NETWORK MARKETING dime auction you're taking into consideration, they all operate on the essential guideline concept that associates spend $ x, get some sort of online money points then gain an successful ROI) $ x based upon exactly how lots of points they have, with the points expiring after a certain time period. |
- | + | Associates can of course enhance their points (and successful ROI) by re-investing the returns the provider pays daily, and/or sponsoring new backers ( associates) and also receiving them to invest. | |
- | + | Nearly ONE HUNDRED % of the revenue produced by these companies is through member acquisitions ( financial investments in bids with the single purchasing drive being to convert them into points for the daily ROI supplied) and thereby the exact same is true of where the cash these companies are paying stems from. | |
- | This alone is sufficient | + | This alone is sufficient analysis of the frequent primary company model used by MLM dime public sales (you will not ever before view one of these launch that merely pays out standard commissions on the sale of dime public auction bids, due to the fact that there are no genuine retail customers), but when you consider that is entailed at the top degrees of the business in the niche market, either at a administration degree or as leading earners, the creating is on the wall. |
- | No doubt attempts will definitely be made to | + | No doubt attempts will definitely be made to merely brush off Schroeder's opinions as "jealousy", " negative thoughts" or some other dismissive labels, nevertheless bit can be said to refute his claims. |
- | I | + | I imply you can do the whole pseudo compliance song and dance and \* winkwink nudgenudge \* call a wolf in sheep's clothing a zebra, but functionally this modifications absolutely nothing. |
- | No matter what front | + | No matter what front business you attach to it, no matter what you call member investments and also no matter exactly how challenging you punish your associates for making use of investment terms under the guise of "compliance", an earnings chance that pays returns ( ensured or not) based on just how much seed money a new members administers in to the scheme, which is comprised of the money brand-new as well as existing associates have actually both initially spent and continue to re-invest so regarding expand their day-to-day returns, is a Ponzi system. |
- | + | Just how anybody that has been or is involved in the mlm sector for beyond 10 minutes and could cherish the concept of selling items to legitimate retail clients and also obtaining a payment on pointed out sales could assume typically, continues to baffle me. | |
- | You | + | You could hear Randy Schroeder's remarks concerning Zeek Rewards in their totality underneath: |
- | + | Mention that the above sound was taken from the July 16th Monavie " Authority Mentoring" call which in its whole ran for 53 minutes and 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 Scam] |