There is no question that Zeek Rewards has had a pretty good run, but I suspect that the run is about to slow way down.
When companies grow wildly as a result of crazy income and product claims to the point where it finds it necessary to hire multiple attorneys…watch out!
Bringing in multiple compliance attorneys In an effort to reign in the illegal claims that make the company look like a classic Ponzi Scheme, you can pretty much bet that the growth will begin to slow.
Remember MonaVie? In 2007, we blew the whistle on illegal claims being made by MonaVie reps, especially on YouTube.
Even into 2008, I believed it was part of the companies culture to make crazy claims about the MonaVie product.
As time went on, MonaVie began reigned in these claims and coincidentally, the growth slowed in the U.S. shortly thereafter.
As Zeek rewards works to get a handle on these crazy claims, watch the traffic on the Zeek Rewards site tumble.
If Zeek was a stock, I would call my broker to “short” it, meaning I would bet at this point that the company has reached it’s pinnacle and will begin to decline.
I will say that the simple act of hiring compliance attorneys in an effort to clean up the illegal stuff tells me that the owners of Zeek Rewards are not out to scam people and take the money and run.
Having said that, I wouldn’t look to this company as a long term way to impact my family’s future.
ZeekRewards, is the marketing arm for Zeekler. They pay me, potentially you, to copy and paste classified ads which they provide onto online classified advertising sites, such as Adpost.com, I-giant.com and giant.com to name a few. This takes about 3-5 minutes each day. Zeekler, made a major move in their advertising strategy in August of 2010 to employ the network marketing business model engaging enterprise minded individuals to do their advertising for them, instead of paying the likes of ebay, amazon, etc. This has turned out to be a major win-win for both parties involved. Zeekler pays 50% of their very profitable penny auction earnings back to us in the form of daily points (1 point = $1). Average point % payout is about 1.5%, as of late, because of excellent growth of the company they have been paying out closer to 2% daily, compounded. This is not a typo.
Have you reported on Visalus? I see so many claims daily about them that I know the FTC would come down on them for.
Sooo glad I read about Zeek on you Blog site. I , in fact was presented the Zeek opportunity today and the marketer purposely DID NOT show me or read the disclaimer. He mentioned it but said he was going to skip it.
He presented it as an investment clearly not a subscription and made claims that without recruiting I would still substantially multiply my
investment 10X in one year. The person trying to sponsor me said I could use a credit card but the presenter wanted a cashiers check. I assume he did not want the potential of a reversal. He also indicated it may not be around long to give a sense of urgency to get in. Perhaps he knows that the potential for making money is about to end.