Zeek Rewards News: Rex Venture Group Receiver Kenneth Bell Answers The Hard Questions & Clarifies The Myths

Last night’s public call where Rex Venture Group LLC., receiver Kenneth Bell answered the hard questions sent in by former Zeek Rewards affiliates (net losers and net winners), clarified the myths from the facts in the case. Instead of recreating what others have already written, I have included three different sources from the call.

Patrick Pretty Reported The Following…

UPDATE 5:18 p.m. A claims form for victims should be ready by the end of January, Bell said. It’s doubtful that victims can be made 100 percent whole.

UPDATE 5:21 p.m. There are some sad, Zeek-related stories of loss out there. Bell said he had emails from people who’d lost anywhere from $49 to $10,000.

UPDATE 5:25 p.m. Bell said some people have questioned whether he is dragging out the receivership to drive up legal fees. He asked listeners to trust him, and he denied foot-dragging. His “goal is to be the most cost-effective receivership in history,” Bell said.

UPDATE 5:33 p.m. Bell said he did not know if other people will be charged by authorities in connection with Zeek. (Zeek/Rex operator Paul R. Burks is the only person charged to date — civilly by the SEC.)

He added that he’ll be prepared to prove Zeek was a Ponzi scheme as he pursues winners in clawback litigation. A motion by Zeek winners to appoint attorney Michael Quilling  examiner was “absurd,” he said. He did not reference Quilling by name.

UPDATED 5:44 p.m. Zeek’s database “is a real mess,” Bell said. He is studying a means by which victims could gain access to their back offices to gain access to information, but such a capability could be cost-prohibitive.

Read Patrick Pretty’s Full Editorial Here!

 

Don Ryan of ASDUPdates Reported The Following…

  • a proposed claim form will be submitted to the Court the end of January; people should begin accumulating their records for the upcoming claims process
  • Mr. Bell said he would like to have a Preliminary dispersal of funds as soon as the claims process begins and determinations can be made regarding records file vs money requested; this will have to be approved by the Court
  • He mentioned getting affiliates access to their back offices, the database is a mess and will have to be restructured; he is trying to get this done but with accurate information available; Zeek/Rex Ventures didn’t keep very good records
  • Clawbacks are coming soon; also mentioned several affiliates are cooperating and returning money to the Receiver
  • he thinks the Motion to appoint Examiner is absurd, conflict of interests since he represents 100′s of net winners
  • Briefly mentioned the motion filed to Dissolve the receivership, hopes the Judge doesn’t allow it
  • Someone asked about bids purchased but not used;  Also said that Zeek is not coming back, ever! Read Don Ryan’s Full Editorial Here!

Attorney, Jordan Maglich of PonziTracker Reported The Following… 

 

Claims Process

One of the most popular topics was the establishment of a claims process in which investors could eventually be permitted to receive distributions based on their loss amounts.  Mr. Bell stressed that he is working strenuously to institute a claims process, which would first require the submission of a proposed claim form and procedure to United States District Judge Graham Mullen.  According to Mr. Bell, he has set an internal deadline of submitting this information to Judge Mullen by January 31, 2013.  Once the claims form and procedure receives court approval, the claims form will likely be posted to the website and distributed to victims, who will have until a court-imposed deadline by which to submit relevant requested information.  The claim form will also specify what proof is required to substantiate claims. Upon the approval of claim forms and submission by victims, Mr. Bell also indicated his preference to proceed with an ‘interim’ distribution rather than waiting to make one final distribution at the end of the Receivership.

Clawbacks

Another popular topic was the issue of “clawbacks” against those ‘net winners’ that were fortunate enough to profit off their investment by withdrawing funds in excess of their investment.  The Receiver sent out a first wave of 1,200 subpoenas to those ‘net winners’ that were deemed to have profited most off Zeek.  According to Mr. Bell, “scores” of investors responded in a cooperative manner seeking to pay back their false profits.  However, a “whole lot” of recipients have fought back against the requests for information.  If the Receiver is not able to reach an amicable resolution with each clawback target, he will likely proceed with the filing of a lawsuit.  The Receiver took steps last week to ensure that he may properly bring clawback lawsuits in various federal districts around the United States by filing a copy of the SEC Complaint and the Order Appointing Receiver in districts where clawback suits are likely under 28 U.S.C. 754.

Opposition Efforts

Mr. Bell also addressed the various recent filings that have sought to both contest his authority as receiver and challenge the SEC’s decision to shut down Zeek in the first place.  This included the filing by Fun Club USA of a motion seeking the appointment of an examiner, as well as a filing by several clawback targets seeking to dissolve the Receivership.  Mr. Bell saved his harshest words for these efforts, calling them “absurd” and disputing their accuracy.  As to the motion for appointment of examiner, Mr. Bell pointed out (as Ponzitracker did here) the inherent conflict of interest that would present itself since the nominee for examiner currently represents “several hundred net winners,” as well as the implications of paying such an examiner our of receivership funds.  Mr. Bell also indicated he will oppose the  motion seeking the dissolution of the receivership, saying that the “receivership is here to stay,” and represented the only and best way to make victims whole. Read Jordan Maglich’s Full Editorial Here

Kenneth Bell’s team before & during the call filed the following Court Documents…

Consent MOTION for Extension of Time to File Final Liquidation Plan by Receiver for Rex Ventures Group, LLC.Responses due by 1/7/2013 (Attachments: # 1 Proposed Order)(Bell, Kenneth) (Entered: 12/17/2012)

RESPONSE in Opposition re 77 MOTION to Appoint Attorney ad Litem /Examiner for Affiliates by Receiver for Rex Ventures Group, LLC. Replies due by 1/2/2013 (Attachments: # 1 Affidavit of Kenneth D. Bell and attachments, # 2 Exhibit B through E)(Bell, Kenneth) (Entered: 12/17/2012)

 Securities & Exchange Commission filed today December 19th, 2012…

RESPONSE in Opposition re 77 MOTION to Appoint Attorney ad Litem /Examiner for Affiliates by Securities and Exchange Commission. Replies due by 1/2/2013 (Bowers, John) (Entered: 12/17/2012)

Zeek Rewards News: Trudy Gilmond & Kellie King Hire Bernard Madoff’s Former Attorney Ira Lee Sorkin Seeks to Intervene in Zeek Receivership, Dissolve Receiver’s Appointment

Last Friday, Mr. Ira Lee Sorkin, the famed Berney Maddoff attorney, entered his appernence on behalf of former Zeek Rewards top income earners Trudy Gilmond & Kellie King. The goal of Mr. Sorkin as demanded by his clients Gilmond & King is to  dissolve the Receiver, Kenneth Bell’s Appointment, and to oppose Michael J. Quilling’s Motion to be appointed Representative for all former Zeek Rewards Affiliates.

Don Ryan, the editor and chief of ASDUpdates.com wrote it this way…

I can see why Trudy Gilmond is a bit upset, when one sees this:

The preliminary ZeekRewards records that we have reviewed show that you received $1,367,850.10 from ZeekRewards but paid in only $3,105.00. Therefore, you received $1,364,745.10 of the money lost by victims that must be returned to the Receivership estate.

Jordan Maglich over at PonziTracker.com wrote it from an attorney’s perspective…

The motion, filed by famed New York criminal attorney Ira Lee Sorkin on behalf on Trudy Gilmond (“Gilmond”) and Kellie King (“King”), takes issue with the SEC’s determination that the fraud perpetrated by Zeek and its principals involved the sale of securities – thus bringing the operation under the ambit of federal securities laws. King and Gilmond are currently being pursued by the court-appointed receiver, Kenneth Bell, for over $1.5 million in “false profits” they received from the scheme based on an original investment of $4,597 – thus giving them plenty of incentive to seek the requested relief.

Patrick Pretty of PatrickPretty.com stated it a litle differently…

The motion by Sorkin potentially puts Gilmond and King at odds with positions taken by Quilling clients and potential Zeek clawback targets Dave Kettner, Mary Kettner and David Sorrells. The Kettners and Sorrells, for example, moved to have Quilling appointed examiner. The Kettners and Sorrells potentially have a combined clawback exposure of nearly $2 million, according to court filings. Zeek records, according to letters from Bell cited by the trio, suggest Sorrells received $945,539 from Zeek while paying in only $1,695. Dave Kettner received $537,577.95 while paying in only $1,378, and Mary Kettner received $465,866.67 while paying in only $1,495.

So, what does this mean to the average Zeek Rewards affiliate? It could mean you will not get your full refund, due to the fact we now have at least three law firms which charge hundreds of dollars per hour for their attoreys are now fighting each other; one to collect as much as possable for the “victims aka net losers”, and two fighting for the “net winners.” But, since the net winners are now fighting each other, this could get expensive. Now since the Final Liquidation Plan is due today, we will know far more as this week moves forward. But for now I can tell you I doubt we will see any refunds issues through the courts before the first quarter of 2013.

Who is Super Attorney Ira Lee Sorkin

Sorkin-Ike

A trusted confidant and vigorous protector of his clients’ rights, Ira “Ike” Sorkin has established a national reputation as the lawyer to call when confronted with a regulatory investigation. Thriving on the adversarial process, Ike has built respect among peers, the judiciary and regulators for his solid judgment, intelligence and depth of experience honed over a career spanning more than four decades. All of this works to his clients’ advantage as he guides them through an often treacherous process.

Ike’s practice is unique, and he is acknowledged as one of an elite group of lawyers who can skillfully steer white collar clients through the complex process of an investigation. Ike focuses his practice on white collar criminal defense, SEC enforcement and other regulatory investigations and proceedings, internal investigations, corporate governance, FINRA defense, and criminal and civil litigation.

He is well positioned to counsel clients in these areas, given his unique background as one of a handful of lawyers to have served in senior positions at the United States Attorney’s Office in New York (Deputy Chief of the Criminal Division for the Southern District), at the SEC (Director of the SEC’s New York office) and as the Chief Legal Officer of a member firm of the New York Stock Exchange (Nomura Holding America, Inc., and Nomura Securities International, Inc.).

Ike is the Emeritus Chairman of the Board and former Chairman and President of the American Friends of the Hebrew University of Jerusalem, a member of the university’s Board of Governors and a member of the university’s Executive Committee. Aside from a potential internship with real estate attorneys The Woodlands, he also volunteers as a tutor for underprivileged inner-city elementary school students on the Lower East Side.

Some of his more famous cases…

The New Times has covered Mr. Sorkin in pretty good detail. Bernard L. Madoff Ponzi

After Mr. Madoff’s victims finished speaking, Mr. Sorkin stood up and said the government’s request for a 150-year sentence bordered on absurd. He called Mr. Madoff a “deeply flawed individual,” but a human being nonetheless. “Vengeance is not the goal of punishment,” Mr. Sorkin said. Even with a lesser term, Mr. Sorkin added, Mr. Madoff expects to “live out his years in prison.”

Mr. Sorkin also represented the “Godfather of Teror’

“The case was one of the most significant in the U.S. government’s battle against terrorism. It pitted the United States against Monzer al-Kassar, one of the world’s most successful—the prosecutors would say notorious—arms dealers. Whether it established any significant legal precedents would be left for the appellate lawyers to debate. But its outcome would certainly set the tone for the new Obama administration’s undercover strategies.

Each of the defendants has his own attorney. Al-Kassar is represented by Ira Lee Sorkin: well dressed, white-haired, apparently in his early sixties, comfortable in his role. (And yes, he’s the same guy who will go on to represent Bernie Madoff.)

Sorkin’s opening argument is simple—and has us dropping our jaws. For he claims that while the DEA thought it was snaring al-Kassar in its sting, al-Kassar was actually working with Spanish intelligence to snare the supposed FARC terrorists. In short, a double sting!” Read Full Story!

You can also review other 3rd party resources available from Wikipedia. Links to the filing can be seen below.

MOTION for Leave to Appear Pro Hac Vice as to Ira Lee Sorkin Filing fee $ 276, receipt number 0419-1869024. by Trudy Gilmond, Kellie King. (Terpening, William) (Entered: 12/14/2012)

MOTION for Leave to Appear Pro Hac Vice as to Amit Sondhi Filing fee $ 276, receipt number 0419-1869030. by Trudy Gilmond, Kellie King. (DeAntonio, Matthew) (Entered: 12/14/2012)

MOTION to Intervene and for an Order Dissolving the Appointment of a Temporary Receiver and Memorandum in Support Thereof by Trudy Gilmond, Kellie King.Responses due by 1/2/2013 (Attachments: # 1 Exhibit Exhibit A – King Declaration, # 2 Exhibit Exhibit B – Gilmond Declaration)(DeAntonio, Matthew) (Entered: 12/14/2012)

MEMORANDUM in Opposition re 77 MOTION to Appoint Attorney ad Litem /Examiner for Affiliates by Trudy Gilmond, Kellie King. Replies due by 12/26/2012 (DeAntonio, Matthew) (Entered: 12/14/2012)

In a developing story… It seems Fun Club USA aka zteam, aka Zeek 2.0 aka Zeek 2013 is moving their database of former Zeek Affilites to Offer Hubb! Oz at BehindMLM.com just broke a review on this company and the developments.

Zeek Rewards News Flash: Special Q &A Call By Receiver

Zeek Rewards News: Receiver Kenneth Bell Holding Public Q and A Call

Kenneth D Bell

Kenneth Bell the Receiver appointed to oversee the liquidation of what has been called the world’s largest ponzi based on the fact over 2.2 million people joined Zeek Rewards to market the penny auction known as Zeekler.com, has called a special public question and answer call next Monday December 17th, 2012 at 5:00pm Eastern time.

Zeek Rewards News Flash: Special Q &A Call By Receiver

MLM Weekly News: BeHip Wins In Court, Paul Kroto Makes a Move, FTC Warning, And More!!!

This weeks Direct Selling News, has the Network Makreting Community on fire as more and more companies and distributors prepare for 2013!!! Even her at MLM Help Desk we are making some huge moves in how we cover the news and create our video news reports.

Top50Blogs

Social Media Marketing or Spamming? Direct Selling Companies Share Their Take on Where to Draw the Line Online

DSA News

According to a report issued earlier this year by Business2Community, social media accounts for only 16 percent of customer engagement today; however, that number is expected to jump to 57 percent within the next five years, making it the second-most used channel behind face-to-face interaction.

Recognizing how often consumers turn to social media for product advice, brand recommendations and more, approximately 90 percent of companies nationwide use social media marketing, yet many are left wondering where the dividing line between “too much” and “too little” interaction through social networking platforms stands. (Read On)

Direct Selling Edge

The Direct Selling Edge conference for MLM startups is back!  The event kicks off on Thursday, January 10th in Las Vegas.  See below for a link to purchase your ticket.  The details for the conference can be found on our MLM Startup Conference page. We received some great feedback after our last conference and we’ve made the agenda even better. In addition to our already stellar lineup of MLM professionals, we’re very pleased to announce our latest guest at the DS Edge Conference. Len Clements. 

blurb-1-button

 

 

Hello my name is Paul Kroto. I grew up and currently live in Buffalo, NY. After graduating from high school I joined the Marines for 4 years and I was proud to serve my country. Upon returning home I went to college to earn my bachelor’s degree in health and wellness and continued on to get my master’s degree in Nutrition.

Zig Ziglar once said, “You can have everything you want just as long as you help enough people get what they want.”  Because I was so focused on helping other people have more energy and become healthier I was able to turn my yearly income into my monthly income!  For the past 17 years I have continued to share the ”Dead Doctors Don’t Lie” recording with people every day. I have helped thousands of people achieve health and wealth in their lives from just sharing this audio recording. (Read On)

Top_MLM_Companies

 

Direct Selling Professionals News 

MonaVie recently announced the following new appointments to its executive staff:

  • Gavon Barkdull has been named President of US Latino Market
  • Katy Holt-Larson was appointed VP of North America
  • Dr. Shawn Talbott was promoted to Chief Science Officer

Catherine EhrenbergerAmway’s Vice President, R&D, Quality and Regulatory, has been elected to the American Cleaning Institute’s Board of Directors.

Michael Norris has been named to the newly created position of President, PartyLite Americas, for PartyLite.

HBA_header_new

 

We have 2 pages left to sell before we’re done for the year. This is your last chance to reach 25,000+ of the nation’s top network marketers & opportunity buyers – January 2013.

  • 2 Page “Spread” – $1495 (Reg. $1795)
  • 1 Full Page – $795 (Reg. $1045)
  • 1/2 Page – $495 (Reg. $635)

HAVE A VERY MERRY CHRISTMAS! We’ll see you again in the New Year – 2013… God Bless you and your family this coming year! <><

Christ’s Blessings,

Bob Schwartz. Jr.
CEO/Publisher
Phone: 717-426-2438
Sellingpower@comcast.net
www.HomeBusinessAdvertiser.com


Email: sellingpower@comcast.net

http://www.homebusinessadvertiser.com

Network Marketing Companies In The News

Amway has partnered with NBA teams the Golden Gate Warriors and the Orlando Magic, as well as the Global Alliance for Improved Nutrition, to raise awareness and funds to call attention to the malnourishment of children worldwide.

In other company news, Amway has purchased the Fulton Street Strip in Ada, Mich., which will enable a redesign of the town’s village. The finalization of the purchase of the properties was announced by township officials, who say they are excited about the new development possibilities provided by the sale.

Avon has opened voting for its Makeup Mavens video contest for U.S. representatives. More than 600 Avon representatives submitted how-to beauty videos for the chance to be crowned one of four Makeup Mavens, who will serve as Avon Color Brand Ambassadors throughout 2013.

Melaleuca has started to build a 371,000-square-foot home office building, which the company estimates will cost $50 million. The building will house all of Melaleuca’s international and domestic operations except for manufacturing and distribution. It will be the latest addition to the company’s 195-acre campus in Idaho Falls, Idaho. A distribution center is already on the site. Manufacturing operations will follow in coming years, the company said.

Talk Fusion has entered into a second year as the exclusive American corporate sponsor of David Zauner, a member of the Austrian ski jumping team and Talk Fusion Diamond Elite Associate.

USANA made a $10,000 donation through the International Relief Teams to aid victims in the Philippines of Typhoon Bopha. This is the second USANA True Health Foundation donation this year that has gone to support relief efforts in the Philippines.

In additional company news, USANA recently opened an office in Mexico City, Mexico. The new 10,000-square-foot building will house 38 employees with room for 325.

USANA is also now the title sponsor of an Audi FIS Ski Cross World Cup stop and FIS US Snowboard World Cup event. The events, scheduled to be held on Dec. 14, 2012, at Telluride Mountain Resort in Colorado, will be renamed the USANA Ski and Snowboardcross (SBX) Cup.

kidsapps-report-cover-small

FTC’s Second Kids’ App Report Finds Little Progress in Addressing Privacy Concerns Surrounding Mobile Applications for Children

Kids’ Data Still Collected, Shared without Parents’ Knowledge, Consent

The Federal Trade Commission issued a new staff report, “Mobile Apps for Kids: DisclosuresStill Not Making the Grade,” examining the privacy disclosures and practices of apps offered for children in the Google Play and Apple App stores.  The report details the results of the FTC’s second survey of kids’ mobile apps.

Since FTC staff’s first survey of kids’ mobile apps in 2011, staff found little progress toward giving parents the information they need to determine what data is being collected from their children, how it is being shared, or who will have access to it.  The report also finds that many of the apps surveyed included interactive features, such as connecting to social media, and sent information from the mobile device to ad networks, analytics companies, or other third parties, without disclosing these practices to parents.

“While we think most companies have the best intentions when it comes to protecting kids’ privacy, we haven’t seen any progress when it comes to making sure parents have the information they need to make informed choices about apps for their kids.  In fact, our study shows that kids’ apps siphon an alarming amount of information from mobile devices without disclosing this fact to parents,” said FTC Chairman Jon Leibowitz.  “All of the companies in the mobile app space, especially the gatekeepers of the app stores, need to do a better job.  We’ll do another survey in the future and we will expect to see improvement.”

Staff examined hundreds of apps for children and looked at disclosures and links on each app’s promotion page in the app store, on the app developer’s website, and within the app. According to the report, “most apps failed to provide any information about the data collected through the app, let alone the type of data collected, the purpose of the collection, and who would obtain access to the data.   Even more troubling, the results showed that many of the apps shared certain information with third parties – such as device ID, geolocation, or phone number – without disclosing that fact to parents.  Further, a number of apps contained interactive features – such as advertising, the ability to make in-app purchases, and links to social media – without disclosing these features to parents prior to download.”

The survey found that:

  • Parents are not being provided with information about what data an app collects, who will have access to that data, and how it will be used.  Only 20 percent of the apps staff reviewed disclosed any information about the app’s privacy practices.
  • Many apps (nearly 60 percent of the apps surveyed) are transmitting information from a user’s device back to the app developer or, more commonly, to an advertising network, analytics company, or other third party.
  • A relatively small number of third parties received information from a large number of apps.  This means the third parties that receive information from multiple apps could potentially develop detailed profiles of the children based on their behavior in different apps.
  • Many apps contain interactive features – such as advertising, links to social media, or the ability to purchase goods within an app – without disclosing those features to parents prior to download.
    • Fifty-eight percent of the apps reviewed contained advertising within the app, while only 15 percent disclosed the presence of advertising prior to download.
    • Twenty-two percent of the apps contained links to social networking services, while only nine percent disclosed that fact.
    • Seventeen percent of the apps reviewed allow kids to make purchases for virtual goods within the app, with prices ranging from 99 cents to $29.99.  Although both stores provided certain indicators when an app contained in-app purchasing capabilities, these indicators were not always prominent and, even if noticed, could be difficult for many parents to understand.

The report strongly urges all entities in the mobile app industry – including app stores, app developers, and third parties providing services within the apps – to accelerate efforts to ensure that parents have the key information they need to make decisions about the apps they download for their children.  The report also urges industry to implement recommendations in the recent FTC Privacy Report including:

  • Incorporating privacy protections into the design of mobile products and services;
  • Offering parents easy-to-understand choices about the data collection and sharing through kids’ apps; and
  • Providing greater transparency about how data is collected, used, and shared through kids’ apps.

In addition, FTC staff is developing new consumer education directed to parents to help navigate the mobile app marketplace and avoid apps that fail to provide adequate disclosures.

The report also states that FTC staff is launching non-public investigations to determine whether certain entities in the mobile app marketplace are violating the Children’s Online Privacy Protection Act or engaging in unfair or deceptive practices in violation of the Federal Trade Commission Act.

The Commission vote authorizing staff to issue the report was 5-0.

The Federal Trade Commission works for consumers to prevent fraudulent, deceptive, and unfair business practices and to provide information to help spot, stop, and avoid them. To file a complaint in English or Spanish, visit the FTC’s online Complaint Assistant or call 1-877-FTC-HELP (1-877-382-4357). The FTC enters complaints into Consumer Sentinel, a secure, online database available to more than 2,000 civil and criminal law enforcement agencies in the U.S. and abroad. The FTC’s website provides free information on a variety of consumer topics.  Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.

MEDIA CONTACT:
Office of Public Affairs
202-326-2180
 
STAFF CONTACT:
Manas Mohapatra
Bureau of Consumer Protection
202-326-3263

North

 

 

ViTel Wireless aka The Benefits Network Launches The Freedom Club Challenge, Conquor The Challenge Get The Victory Bonus!

Just in from ViTel Wireless, The Benefits Network Company… Freedom Club Challenge…Conquor the challenge get the Victory Bonus…. Most companies focus on 3 and Free surrounding just their products and services, then new Challenge provides for ViTel Reps to get their business for free!

 

 

Vote ViTel Top MLM Company Of 2012

 

Richard Brooke: An Alternative to the Traditional Four Year Degree

Troy Dooly & Richard Brooke

Richard Booke of Bliss Business and the Founder and CEO of Life Shotz and Oxyfresh write a great article today, that is worth spreading around the world. But first I also want to mention Richard wrote the best selling book Four Year Career, fast becoming the #1 recruiting tool inside of Network Marketing!

 

Bliss Business

This concept is not intended to invalidate the value of a Four Year Degree. In many fields, such a degree is required, and data does show that, given an even playing field, those with a Four Year Degree will earn an average of $13,000 more per year than those with just a high school diploma.

And yet, we are seeing a shift in the paradigm around education, especially in those individuals with the entrepreneurial “gene.” Guess which of these people dropped out of college to start their own businesses?

  • Bill Gates, Microsoft
  • Steve Jobs, Apple
  • Michael Dell, Dell Computers
  • Larry Ellison, Oracle
  • Richard Branson, Virgin
  • Mark Zuckerberg, Facebook
  • Russell Simmons, Def Jam
  • Matt Mullenweg, WordPress
  • Shawn Fanning, Napster
  • Oprah Winfrey, Harpo Productions, Oprah Winfrey Show
  • Walt Disney, Walt Disney
  • Debbi Fields, Mrs. Field’s Bakeries

All of them.

Currently in the US, 4.9% of all citizens with a college degree are unemployed. Almost 54% of recent college graduates are unemployed or underemployed; they are more likely to work at a coffee shop or local restaurant than in their field of study, according to a Labor Force Study conducted at Northeastern University. Furthermore, for the first time in history, student loans total over one trillion dollars … more debt than all Americans combined have on credit cards. The truth is, a high percentage of these graduates may be “unemployABLE,” because their degree and career experience are irrelevant in today’s changing world.

One can always master a trade to be a housekeeper, chef, high end waitress, plumber, electrician, tile man, painter or landscaper, and likely never be out of work. And, it is highly unlikely that the average plumber or electrician earns $13,000 less a year than the average college graduate. But, when we are trained to work in trades that are impacted by technology, we are too often setting ourselves up for a life of confusion and disappointment, as our chosen line of work eventually becomes automated and eliminated altogether.

There are a set of “soft arts” that, historically, have been undervalued in the traditional college education system … a set of Arts that are worth far more than any college degree, and a set of Arts that transcend every profession. These Arts fall under one “Major,” which we call, Leadership. Not in a theoretical sense, but in a hands-on, “learn it like a bricklayer” sense. Mastering the Art of Leadership can provide a lifetime of success, regardless of the trade or “trade winds.”

There is no better facility of higher learning for the Art of Leadership, than the field of Network Marketing. To succeed in Network Marketing, one must master the following:

Disciplines of Leadership:
1. Vision and Self Motivation
2. Commitment
3. Listening and Coaching
4. Training
5. Value Based Selling
6. Public Persuasion
7. Conflict Resolution
8. Business Planning
9. Marketing
10. Social Media

From a practical standpoint, Leadership can be defined as:
“The ability to get people to do things that they will not do on their own initiative”

In Network Marketing, we lead people to pursue an income opportunity that they normally would not pursue, and would not pursue successfully, without our leadership. To be clear, in this case, we are not leading people to do something they do not want to do … but rather, something they do want to do, but are “afraid” to try.

The fundamental of one succeeding in Network Marketing requires that they, not only, perform personally and powerfully in the model, (i.e. selling, recruiting and training) but they also lead others to do the same. And, leadership in Network Marketing requires level two, three, and four leadership; meaning one must master leading leaders.

Success in Network Marketing will look like the leader is amassing a group of “sales reps,” in the thousands. Within that group of thousands, are hundreds of leaders, and within the hundreds of leaders, will be dozens of level two leaders, and a few level three leaders. Yes, it looks like any other hierarchical structure. You are at the top, and everyone else is under you … the dreaded pyramid. The difference is, you built this structure from the ground up, starting with the first block …you.

Successful leadership, in the right host Network Marketing company, will result in a “Residual Income” in the tens of thousands of dollars per month. Residual, meaning that once the structure of people is built into the thousands, it perpetuates itself, based on the initiatives of each of the participants. Therefore, the one on top could retire and continue a wealthy lifestyle, indefinitely.
This is wealth building in the new age.

Ergo …

The Network Marketing Institute of Higher Learning (NMIHL): A Virtual University
  • Degrees offered: Only one; A Masters in Leadership and Residual Income-A Four Year Degree
  • Tuition: None
  • Debt upon graduation: None
  • Cost to parents or taxpayers: None
  • Relocation and housing requirement: None
  • Campus location: Where ever you want
  • Job opportunities upon graduation: None Applicable
  • Income upon graduation: $60,000-$600,000 annually … fully residual
  • Parents income upon your graduation:$60,000-$300,000 MORE than when you entered this college
  • Net worth upon Graduation: $1,000,000-$10,000,000
  • Best candidates: Those whose parents are currently building in a Network Marketing company

 

Here is how we work at NMIHL:
We, the university, are sponsored into your chosen Network Marketing company. This can be any, legitimate company with a product line and business model which is likely to prosper over the coming decades. The university has a list of completely vetted Network Marketing companies, with which we work. No student will be accepted who represents a business culture or product that has a likely short life cycle, or who represent a company that dishonors the profession of Network Marketing.

If you elect not to represent your parent’s current company, but a different one of your choosing, you may opt for your parents to take a position with your new company (with the permission of their current company.) An important part of our philosophy is that your life, in its most productive earning years, should provide for your parent’s retirement years. This is a gift of gratitude, for their commitment to bringing you into this world, and giving you all of the opportunities that life and liberty provide.

NMIHL will then sponsor you, the student. NMIHL will hold multiple positions, in multiple lines of sponsorship, in hundreds of Network Marketing companies. Yes, this will require some negotiations with these companies.

The staff at NMIHL are all highly skilled, experienced, and successful coaches, trainers and leaders. We have all proven ourselves on the field of battle. Our highest core values are contribution andteaching.

Each staff member is, or will become, fully up to date on all aspects of every Network Marketing company represented by the students, and works in concert with your upline as well as each company’s respective training system. The NMIHL staff IS your sponsor and dutifully fills that role.

The Curriculum:

Freshman:
You, the student, master all the basics of your chosen company … the product, the plan, and the business model. You prospect 2-5 people every day, and report to your instructors for debriefing the following day. You start your build on day one. Classes, real world assignments, and debriefings are scheduled based on each of the Ten Disciplines of Leadership outlined above.

Freshman passing grade: Four personally sponsored, actively building, sales leaders.

  • Likely Monthly income: $1,000
  • Monthly Expenses: $500
  • Monthly Net income: $500

Sophomore:
Students continue prospecting 2-5 people per day, along with expanded assignments in coaching, listening, public persuasion, conflict resolution, etc.

Passing grade: 20 total actively building leaders, at any level, and a total of 200 distributors

  • Likely Monthly income: $3,000
  • Monthly Expenses: $500
  • Monthly Net income: $2,500

Junior:
Juniors spend the majority of their time in the Leadership Arts, with nominal assignments in prospecting and enrollments. Listening, Coaching, and Public Persuasion are the main focus.

  • Likely Monthly income: $6,000
  • Monthly Expenses: $500
  • Monthly Net income: $5,500

Senior:
Senior education is a continuation of Junior curriculum, with a focus on Leading the Leaders. The target here is to create a team of leaders that appreciate your contributions, respect and admire you, but do not need you.

  • Graduation Monthly Income: $12,000-$20,000
  • Net worth: $2 Million
  • Parent’s Monthly Income: $5,000-$10,000, just from your business.

 

First year post-graduation … 5th year of the package
Income with exponential growth: $20,000-$50,000 a month

Net worth: $4-$10 Million

  • College Income.
  • Nothing from the State or the Feds.
  • Nothing from you.
  • Nothing from your parents: only a lifetime of income from your business, in direct proportion to how well they have equipped you to win, and how well they have helped you pick a company that will pay them for decades, or longer.

Most importantly, you are permanently equipped with the skills to succeed in any business, any political cause, or any cause at all that requires Mastery of Self and the power to lead others.

Game over? Nope … game just begun.

Think about this, if you are a college graduate …
What could you have done with your life thus far had you graduated from college not in debt, not burying your family in debt, and not having lost four years in the practice of taking tests and faking knowledge … more importantly, not desperate to take any decent job in your field, only to end upstuck there 10-30 years later?

Instead, you can graduate with a residual income of $10,000-$20,000 a month: “freedom of choice” income.

What could you have done with your life? What would you have done?

A quantum leap game has just begun.

For more inspirational insight to achieve your personal success or to share with friends and family, check out The Four Year Career®.

– By RICHARD BROOKE | Published: Orginally at: Bliss Business

 

Zeek Rewards News: New Motion Filed To Un-Freeze eWallets – Seems To Be a Day Late Due To Mis-Communication Issues?

The attorneys for Robert Cradock, Fun Club USA, David Sorrells, David Kettner, and Mary Kettner filed a motion yesterday December 11th, 2012 to stop the transfer of funds from the eWallets of Sorrells, Kettner and all other former Zeek Rewards affiliates. However, what is interesting is that NXSystems has been keeping each account holder informed on the facts. (Click Here to Read.)

Click Here For More Info On This Special Call Next Monday, December 17th, 2012 at 5pm Eastern. 

To read the current Motion and supporting Briefs and all the other Court Documents (Click Here)

 

I also one of friends who had just joined Zeek Rewards has been keeping me informed on their personal situation.

—–Original Message—–
From: Information Center [mailto:info@nxpay.com]
Sent: Tuesday, December 11, 2012 1:28 PM
To: (Edited By Troy Dooly)
Subject: NEW Notification for: (Edited by Troy Dooly)

More info for you Troy…

Here’s confirmation funds were transferred from Rex Venture Group and made available in my NXPay account for transfer back to my bank account….. Whoo hoo!!!!! J

Rex Venture Group has transferred funds to your account.

Account Number: (Edited By Troy Dooly)

Amount : 9999.50 USD

Thank You for choosing us

Please do not reply to this email address; for any questions or support issues please visit http://www.nxpay.com/client/ClientSupport.jsp

The Next Email…

From: (Edited By Troy Dooly)
Sent: Tuesday, December 11, 2012 5:10 PM
To: Troy Dooly
Subject: RE: More News for You!!! FW: NEW Notification for: “Name Removed”
Importance: High

Troy,

Here’s the last bit of information I have for you, which confirms the transfer of my funds associated with RX Venture Group to my bank account. 🙂 Important to note these funds were never used to purchase any goods and services from ZeekRewards.

I hope this information will be of some value to you…and will give your readers some hope that things are slowly moving forward.

This is what I had to agree to before transferring my funds associated with RX Venture Group to my bank account:


ACH AUTHORIZATION

By clicking submit, you hereby authorize NxSystems®, Inc. to initiate a one-time electronic transfer of funds via the Automated Clearing House (ACH) system between your NxPay® Account to the bank account at your Financial Institution as identified, and in the amount specified, below. In order to complete this transaction, you must: (1) be the owner or authorized signer on both the NxPay® Account and your bank account at your Financial Institution; and (2) you must agree to the terms and conditions of this ACH Authorization.

You understand and acknowledge that the sole purpose of this electronic transfer is to return funds that you placed in your NxPay® Account and did not use to purchase any goods and services from ZeekRewards. In the event you believe in good faith that you have a legitimate claim to any additional funds that are or were located on your NxPay® Account for goods and services purchased from ZeekRewards, including, but not limited to, commission payouts, fees or charges, or chargebacks, we encourage you to seek reimbursement from the Temporary Receiver of ZeekRewards’ assets. You can initiate this process throughhttp://www.zeekrewardsreceivership.com/.

You expressly understand and acknowledge that in consideration for this electronic transfer of funds, you will unconditionally abide by the terms and conditions of that certain User Agreement, by and between NxSystems®, Inc., located at NxPay.com®, which, among other things, specifically provides that: (1) you will not initiate any chargebacks against your NxPay® Account; and (2) in the event you do initiate a chargeback, NxSystems®, Inc. has the right to retrieve any disputed funds by bank transfer along with a penalty fee. In addition, you agree to indemnify, hold NxSystems®, Inc. harmless, and waive all rights to file or have filed any legal action of any type against the Company, its owners, officers, or members, employees, and affiliates and you shall never seek additional monetary reimbursement from NxSystems®, Inc. in any shape, form, or fashion in regards to processing payments. This authorization is to remain in full force and effect for this electronic transaction only. If you wish to rescind this authorization and cancel this deposit, or the amount deposited is different than the amount authorized herein, you may call 503-513-9900 during the following business hours: Monday through Friday, 8 am – 5 pm.

Date: 2012-12-11

The Next Email…

From: Troy Dooly
Sent: Tuesday, December 11, 2012 5:31 PM
To: (Edited By Troy Dooly)
Subject: RE: More News for You!!! FW: NEW Notification for: “Name Removed”

Can you tell me if you would be classified a net winner or net loser based on the current case?

I want to make sure I report correctly?

T,

I guess, all in all, a net loser.

I base this on the fact I purchased the Platinum membership package and paid the one time membership fee via credit card. Then I started the 5-7 process of transferring my “initial” funds of $10,000 to participate in the program. My funds were classified as “pending” status in NXPay for 5 to 6 days, then the day RVG was shut down (approximately 3 hours before the news hit the internet), the funds changed to “available” status. For some reason, (and I’m still not sure why), I didn’t immediately act on transferring the funds to RVG. Must have been an angel watching over me that day because I was so close to hitting transfer to RVG several times within the 3 hour window before finding out the news.

Hope this info helps in some way…. 🙂

-t

End of Email…

Now there is no way until the Court decides to hear this motion, what the interpretation of the eWallet issues will be.

But from this reporters viewpoint, it seems that the regular course of business has taken place and those who should never have had their accounts frozen are not getting them released.

The outstanding question that is still here is… “Will the frozen funds of the “Net Winners”, those above and others get their funds released, or will they find an official Subpoena not showing up on their front porch?