Zeek Rewards the besties yup yup
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- | One of the | + | One of the much more appealing qualities of a Ponzi system is that for incredibly little effort, if any kind of at all, associates may make a considerable return on their financial investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards How It Works] |
- | Splice this in with a | + | Splice this in with a Multi Level Marketing compensation strategy as well as let the word spread virally with the sector and eventually you're bound to attract the attention of additional companies operating in the exact same sector. |
- | With no | + | With no strings attached membership sensible, it's no secret that many Zeek Rewards affiliates are included mainly in additional Multi Level Marketing opportunities that for some, forbid the cross marketing of another option to their existing downlines. |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor agreements even restrict the mere participation in one more MLM provider entirely. |
- | + | However, as VIP point balances well up those betting the multi-opportunity stakes in Zeek Rewards and other companies are no doubt identifying themselves in the challenging position of considering up their key NETWORK MARKETING company with that of Zeek Rewards. | |
- | Simply put, it's | + | Simply put, it's challenging to dismiss the returns Zeek Rewards pay out daily for what may quickly be considered passive financial investment earnings ( through bought customers and ad placing automation). When you examine this to a conventional sales based MLM chance that relies on real consumers (not cut e-mail addresses where the owners don't even know they've been joined and also don't have to actually purchase everything to be added up as customers), it does not take long for the Ponzi'esque returns to outshine the earnings derived from a legit possibility. |
- | With this | + | With this sadly the inevitable occurs and also Zeek Rewards associates look to their own existing downlines in an effort to increase their Zeek downlines. There's no quicker way to improve your very own investment returns than to convince people you know to additionally spend and enjoy the passive payments this produces. |
- | At some point sufficient | + | At some point sufficient associates are involved in numerous providers that management can easily no longer brush aside queries from their area and also in the most extreme cases, also locate themselves being gotten in touch with to make a public statement on the chance in question. |
- | + | Two days one such executive was Monavie's President 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" call, Schroeder ( that himself as being "one that has substantial knowledge of the (MLM) market") claimed that Zeek Rewards was a company that " appears and also scrubs people in to a trail that becomes a trail of devastation". |
- | + | Mentioning several requests "over the past a number of weeks pursuing his point of view on Zeek Rewards ( theoretically from Monavie affiliates), Schroeder ( image above) proclaimed on the 16th that Zeek Rewards is "illegal, a pyramid scheme (and) probably a Ponzi scheme". | |
- | Specifying on why, Schroeder | + | Specifying on why, Schroeder states that "one of the greatest means to predict the future is to properly as well as critically research the past". He then goes on to explanation that |
- | + | providers whose compensation strategy is even remotely similar to the way individuals are settlement in the show called Zeek Rewards, slips means outside of the FTC standards in regards to what's legit in the multi level marketing or direct selling field. | |
- | I | + | I mean means, way, means outside the rules. |
- | My hunch is that Schroeder is talking especially | + | My hunch is that Schroeder is talking especially about internal intake and that in its existing kind ( as well as for the past year and a half), Zeek Rewards has operated with near A HUNDRED % internal intake by way of associates buying bids to give away. |
- | + | As soon as these bids are given away, or dumped onto customer accounts ( produced with an email address, as well as in lots of situations where the owner of the email address has not signed up themselves or is even conscious they are being signed up to Zeekler, Zeek Rewards's penny auction arm), the Zeek Rewards affiliate that gave the bids they themselves acquired away, then takes place to earn a 90 day ROI on their bid purchase. | |
- | The most | + | The most significant company Schroeder compares Zeek Rewards to would certainly of course be Ad Surf Daily, a Ponzi program that gave ridiculous returns claiming its members were acquiring marketing. |
- | In Zeek Rewards, the provider | + | In Zeek Rewards, the provider declares its members are purchasing penny public sale bids and also delivers similar outrageous returns, thought to be by and large funded by associate funds. Zeek Rewards turn down to shed light on if this holds true and/or release documentation showing otherwise. CEO Paul Burks claims that the comprise of the daily ROI that Zeek Rewards pays out is a "proprietary formula". |
- | Based | + | Based upon this, Schroeder concludes that Zeek Rewards will certainly "come to grief in the pretty close to future, not far into the future", |
- | I believe when | + | I believe when people are being inquired to spend 10 1000 dollars into a course with the concept they have to do no work but will get inflated returns, is screeching out in advance: "Don't do it, don't do it, do not do it, do not do it!" |
- | + | As well as yet so alluring is the concept of fast hard earned cash for which one need not operate that alot of people are having swept in to that path. | |
- | + | Presently I would definitely simply to give you all my word of care, it's gunna blowup, it's gunna be an ugly blowup, it'll most likely happen faster not later and also it will definitely leave a trail of devastation behind it. | |
- | It's | + | It's against the law, it's a pyramid, it's probably a Ponzi scheme, it's going to get closed down-- do not have scooped into it. |
- | + | Bring even more weight to Schroeder's words is a brief look at the kinds of individuals the NETWORK MARKETING penny public sale specific niche has brought in so far: | |
- | Zeek Rewards-- it's obvious that | + | Zeek Rewards-- it's obvious that numerous of the best earners in Zeek Rewards were top members in the Ponzi system Advertisement Browse Daily. Theoretically a decent piece of the initial investment seed money pumped into Zeek Rewards came straight from Advertisement Search Daily |
- | Bidify-- Bidify's Chief Creative | + | Bidify-- Bidify's Chief Creative Officer, Frode Jorgensen has a past with being involved in offshore profit opportunites that really resembled Ponzi programs. Many other creators exist, nonetheless they are shrouded in secrecy with Bidify to day not divulging the specific business structure of the provider |
- | Bids That | + | Bids That Give-- CEO as well as creator Randy Jeffers has had various Multi Level Marketing companies shut down by US authorities |
- | The most | + | The most current NETWORK MARKETING penny auction to pop up on my radar is 'Igobidwin' ( even being industried as "Global Paradigm Shift", "Ultimate Strength Profits", " Strength Profits", "Spinfinity" and also "MyTurnOnTop"), which is being introduced by GlobalOne Business 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 seems potential ties in between GlobalOne Business LLC and the pyramid program feeder OneX. |
- | Members of Igobidwin | + | Members of Igobidwin that paid for their members via bank card, observed they were being billed by 'SIGNATURELIFE QLX', the same company that turned up on OneX member receipts. |
- | OneX was a feeder into QLXChange, which in turn | + | OneX was a feeder into QLXChange, which in turn supplied associates in to a globe of unethical closed-door investment possibilities, with participation only enabled if a non-disclosure agreement was signed. |
- | At the end of the day whichever | + | At the end of the day whichever NETWORK MARKETING dime public sale you're thinking about, they all operate on the fundamental principle idea that associates invest $ x, get some sort of virtual money points then gain an efficient ROI) $ x based on exactly how numerous points they have, with the points expiring after a specific time period. |
[http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Info] | [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Info] | ||
- | + | Associates can of course boost their points (and effective ROI) by re-investing the returns the business pays out daily, and/or sponsoring brand-new capitalists ( associates) and also receiving them to invest. | |
- | + | Almost A HUNDRED % of the income generated by these providers is using associate purchases ( financial investments in bids with the single purchasing motivation being to switch them into points for the day-to-day ROI offered) and also thus the same is true of where the cash these providers are paying stems from. | |
- | This alone is sufficient | + | This alone is sufficient analysis of the frequent center company model used by Multi Level Marketing penny public sales (you won't ever before see one of these launch that simply pays basic payments on the sale of dime public sale bids, since there are no genuine retail consumers), but when you consider who is entailed at the top degrees of the providers in the niche market, either at a administration degree or as best earners, the writing is on the wall. |
- | No doubt attempts | + | No doubt attempts will be made to just brush off Schroeder's remarks as "jealousy", " negative opinions" or additional dismissive labels, however little can be stated to negate his claims. |
- | I | + | I suggest you can do the whole pseudo compliance song and dance as well as \* winkwink nudgenudge \* call a wolf in sheep's clothing a zebra, however functionally this modifications 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 member financial investments and no matter precisely how tough you penalize your associates for using investment terminology under the guise of "compliance", an income chance that pays out returns ( assured or not) based on just how much seed money a new members injects into the scheme, which is made up of the money new as well as existing associates have both at first spent as well as continue to re-invest so regarding grow their daily returns, is a Ponzi program. |
- | How anyone | + | How anyone that has actually been or is involved in the mlm business for more than 10 minutes and also may appreciate the idea of selling items to legitimate retail clients and also obtaining a commission on stated sales can assume typically, continues to baffle me. |
- | You | + | You could listen to Randy Schroeder's remarks relating to Zeek Rewards in their entirety underneath: |
- | + | Indicate that the above audio was taken from the July 16th Monavie " Management Mentoring" telephone call which in its whole ran for 53 seconds as well as 38 minutes. Zeek Rewards was not discussed or referred to in the remainder of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review] |