Zeek Rewards the besties yup yup

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 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  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 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 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  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 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" 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 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 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 suggest means,  means, way outside the  rules.

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  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 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 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  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 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  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  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 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 and founder Randy Jeffers has actually had  various MLM businesses stopped by US authorities

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  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 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  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.

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 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  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 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  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 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  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]