Zeek Rewards the besties yup yup
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- | One of the | + | One of the a lot more attractive top qualities of a Ponzi system is that for incredibly little attempt, if any type of at all, associates can gain a significant return on their financial investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards How It Works] |
- | Splice this in with a NETWORK MARKETING | + | Splice this in with a NETWORK MARKETING settlement plan and also permit the word spread virally through the market and eventually you're bound to bring in the attention of additional business operating in the very same market. |
- | With no | + | With no strands fastened members smart, it's obvious that countless Zeek Rewards associates are entailed largely in other Multi Level Marketing chances that for some, forbid the cross marketing of other opportunity to their existing downlines. |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor contracts even ban the mere engagement in an additional NETWORK MARKETING company completely. |
- | + | Nonetheless, as VIP point balances well up those betting the multi-opportunity stakes in Zeek Rewards and also some other business are no doubt locating themselves in the demanding position of weighing up their primary Multi Level Marketing business with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's hard to ignore the returns Zeek Rewards pay daily for what could easily be deemed passive financial investment profit ( through acquired clients and ad placing automation). When you compare this to a traditional sales based NETWORK MARKETING option that relies on legitimate consumers (not cut email addresses where the managers don't also know they have actually been registered and also don't have to in fact acquire everything to be counted as customers), it does not take long for the Ponzi'esque returns to rise above the income stemmed from a legit possibility. |
- | With this | + | With this regrettably the unavoidable happens as well as Zeek Rewards associates look to their own existing downlines in an attempt to grow their Zeek downlines. There's no quicker method to boost your own investment returns than to convince individuals you recognize to additionally invest and also reap the passive payments this produces. |
- | + | At some point sufficient members are involved in various business that management can not dismiss queries from their arena and also in the most extreme cases, even find themselves being called on to make a public statement on the chance in question. | |
- | 2 | + | 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 " Authority Mentoring" call, Schroeder ( | + | Blasting Zeek Rewards on a July 16th Monavie " Authority Mentoring" telephone call, Schroeder (who himself as being "one that has extensive knowledge of the (MLM) sector") declared that Zeek Rewards was a company that " arrives as well as sweeps individuals into a trail that develops into a trail of devastation". |
- | Citing | + | Citing many requests "over the past numerous weeks seeking his opinion on Zeek Rewards ( most likely from Monavie affiliates), Schroeder (photo above) proclaimed on the 16th that Zeek Rewards is "illegal, a pyramid system ( and also) undoubtedly a Ponzi program". |
- | + | Specifying on why, Schroeder specifies that "one of the most effective methods to anticipate the future is to carefully as well as very examine the past". He at that point goes on to explanation that | |
- | companies whose | + | companies whose compensation process is even from another location similar to the method individuals are compensation in the show called Zeek Rewards, falls means outside of the FTC suggestions in terms of exactly what's legit in the multi level marketing or direct selling market. |
- | I | + | I suggest means, means, way outside the rules. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is talking especially relating to internal usage and that in its present form ( and also for the past year and also a half), Zeek Rewards has actually operated with close to 100 % internal intake by way of affiliates purchasing bids to give away. |
- | + | Once these bids are awarded, or unloaded onto consumer bank accounts ( developed with an e-mail address, as well as in numerous situations where the owner of the e-mail address has actually not signed up themselves or is even informed they are being subscribed to Zeekler, Zeek Rewards's dollar public auction arm), the Zeek Rewards affiliate that offered the bids they themselves purchased away, then goes on to obtain a 90 day ROI on their bid purchase. | |
- | The most | + | The most well known company Schroeder examines Zeek Rewards to might of course be Advertisement Search Daily, a Ponzi program that delivered ridiculous returns claiming its members were purchasing advertising. |
- | In Zeek Rewards, the provider | + | In Zeek Rewards, the provider claims its members are purchasing cent public sale bids as well as gives similar ludicrous returns, thought to be by and large moneyed by affiliate money. Zeek Rewards refuse to make clear if this holds true and/or release paperwork verifying otherwise. CEO Paul Burks declares that the comprise of the everyday ROI that Zeek Rewards pays is a " exclusive key". |
- | Based | + | Based on this, Schroeder closes out that Zeek Rewards will definitely " relate to remorse in the relatively close to future, not far into the future", |
- | I | + | I believe when individuals are being asked to invest 10 thousand bucks into a course with the idea they need to do no work yet will get expensive returns, is shrieking out in advance: "Don't do it, do not do it, do not do it, don't do it!" |
- | And yet so | + | And also yet so alluring is the idea of rapid money for which one need not operate that alot of people are acquiring swept into that trail. |
- | + | Currently I would just to offer you all my word of caution, it's gunna blowup, it's gunna be an uninviting blowup, it'll quite possibly occur quicker not later and it will definitely leave a trail of devastation behind it. | |
- | It's | + | It's unlawful, it's a pyramid, it's possibly a Ponzi program, it's getting closed down-- do not acquire swept up into it. |
- | + | Adding more weight to Schroeder's words is a brief look at the kinds of individuals the Multi Level Marketing penny public sale niche has drawn in thus far: | |
- | Zeek Rewards-- it's | + | Zeek Rewards-- it's obvious that countless of the top earners in Zeek Rewards were best members in the Ponzi program Ad Surf Daily. Presumably a respectable piece of the initial investment seed money pumped into Zeek Rewards came directly from Ad Browsing Daily |
- | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a history with being involved in seaward profit opportunites that strongly seemed like Ponzi systems. A number of other founders exist, having said that they are shrouded in secrecy with Bidify to date not exposing the exact corporate structure of the company |
- | Bids That Provide-- CEO | + | Bids That Provide-- CEO and founder Randy Jeffers has actually had various MLM businesses stopped by US authorities |
- | The most | + | The most recent MLM dime auction to turn up on my radar is 'Igobidwin' ( even being marketed place as " Universal Paradigm Shift", "Ultimate Strength Profits", " Strength Profits", "Spinfinity" as well as "MyTurnOnTop"), which is being introduced by GlobalOne Providers LLC. |
- | Not much is understood at this point (the | + | Not much is understood at this point (the business is expected to launch sometime in the following couple of weeks) however there seems possible ties in between GlobalOne Companies LLC as well as the pyramid scheme feeder OneX. |
- | + | Members of Igobidwin who paid for their membership through credit card, recognized they were being billed by 'SIGNATURELIFE QLX', the very same provider that showed up on OneX associate receipts. | |
- | OneX was a feeder into QLXChange, which in turn | + | OneX was a feeder into QLXChange, which in turn fed associates in to a world of unethical closed-door financial investment chances, with involvement simply allowed if a non-disclosure arrangement was signed. |
- | At the end of the day whichever | + | At the end of the day whichever Multi Level Marketing dollar public sale you're taking into consideration, they all operate on the fundamental concept idea that members invest $ x, obtain some sort of web money points and then get an efficient ROI) $ x based on precisely how countless points they have, with the points lapsing after a particular period of time. |
[http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Info] | [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Info] | ||
- | Members | + | Members could of course raise their points ( and also effective ROI) by re-investing the returns the company pays out daily, and/or recruiting brand-new backers (affiliates) and also receiving them to spend. |
- | + | Close to 100 % of the profits created by these companies is using associate purchases ( financial investments in bids with the exclusive acquiring drive being to transform them into points for the everyday ROI gave) as well as thereby the exact same is true of where the cash these business are paying out originates from. | |
- | This alone is sufficient investigation of the | + | This alone is sufficient investigation of the common center company style utilized by Multi Level Marketing cent public sales (you will not ever view one of these launch that just pays basic percentages on the sale of cent public auction bids, due to the fact that there are no real retail clients), yet when you consider who is included at the top levels of the providers in the particular niche, either at a management level or as leading earners, the work is on the wall surface. |
- | No doubt | + | No doubt attempts will certainly be made to simply brush off Schroeder's opinions as " envy", " negative thoughts" or additional prideful labels, having said that little can be pointed out to refute his claims. |
- | I | + | I mean you can do the whole pseudo compliance song and dance and \* winkwink nudgenudge \* call a wolf in sheep's garments a zebra, but functionally this changes nothing. |
- | No matter what front business you attach to it, no matter what you call | + | No matter what front business you attach to it, no matter what you call associate investments and also no matter precisely how tough you penalize your associates for making use of financial investment jargon under the guise of "compliance", an income opportunity that pays returns ( ensured or not) based upon precisely how much seed money a new members administers into the program, which is composed of the money brand-new as well as existing affiliates have both initially put in and also continue to re-invest so regarding grow their daily returns, is a Ponzi program. |
- | How | + | How anyone who has actually been or is involved in the network marketing field for greater than 10 seconds and could appreciate the concept of selling items to legitimate retail clients as well as earning a payment on pointed out sales can easily believe normally, continues to baffle me. |
- | You | + | You can easily hear Randy Schroeder's reviews relating to Zeek Rewards in their whole under: |
- | + | Note that the above sound was taken from the July 16th Monavie "Leadership Mentoring" call which in its totality ran for 53 minutes as well as 38 seconds. Zeek Rewards was not touched on or described in the other parts of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review] |