Check out the arrest record right below the highlighted one. Note to self: Always wear a seatbelt especially when driving through Lexington NC

Go Zeek!! Thanks for the update Troy.

Hi,

it is surely the good news for all the Zeeklers, but you have promised to find out and tell why Slovenia, Croatia and other countries have been banned and people from these countries disactivated. Nothing happened and no explanation has been gven to us.

Neither Paul nor Dawn have never find time or showed the will to explain why we are not decent enough to work with the Zeek community and why were ripped off.

Hey Troy, Thanks so much for your updates. Do you think you can ask Dawn when they plan on reissuing the checks that we didn't get to cash before June 1st. Will that be taken care of this week as well? I've been trying to get one replaced since May. Thanks again for all you do for us.

hello troy! I live in seattle, could you tell me how long it usually take for me to get a check since the day I request it?

second question: I know an affiliate, he or she doesn't have a bank account. He or she want to upgrade from free affiliate to active affiliate. Can he or she send the money order for the company to upgrade for him or her?

Thank you for your time Troy…Have a nice day

@Greg

Oz and Chang have not asked anyone to "see things exactly as they do" as you stated.I've also placed an ad everyday, recruited, and analyzed. I have over 70,000 points, plus my spouse has over 40,000 points. I have over 200 "customers" but I have never had a singe "customer" buy a single bid, nor my wife,nor my downline, nor upline. Zilch. Nada. This is just one Red flag that begs the reasonable question of Oz and Chang, that I can't answer, and no affiliate has offered reasonable proof that retail sales are anything more than a rarity . Why is this so? Thousands of affiliates have the same scenario. Greg, how many of your 400 "customers" have ever became a paying member of Zeekler and they bought bids, and you made a commission off their retail purchase? Also are you calling a customer someone who you believe used your free bids, or someone who actually bought something? This is the same question asked over and over that causes affiliates to get angry over the negativity.

MB,

I'm not in total disagreement with you, but I have a tempered viewpoint. When you're splitting hairs about not attacking Steve for being "simple-minded" versus his statement being such, I know you are extremely analytical and that's probably one of your strengths. It also can become a weakness, although my rebuttal is primarily aimed at OZ and others who spend huge chunks of their lives in a negative vibe being professional critics with one point of view. When there are reports of them deleting posts that don't agree with them, the mission becomes clearly rigid and slanted in it's own agenda.

But "simple-minded" is an insult however you want to tie it to an individual, and it's mildly insulting to those of us who have a different perspective than you do, although I'm not trying to make a mountain out of a molehill. I don't care that much, my skin is thicker than that. I'm a big picture, vision guy frankly, although details matter as I run all aspects of my own 14 employee business. I believe "Zeek is awesome" isn't cult-like babble, although I choose not to make such blanket statements without more behind it. But It's their succinct perspective, and it doesn't mean they don't have their own concerns or are cult-like.

Have you read StandOut by Marcus Buckingham? I highly recommend it. It speaks of identifying your top 2 strengths and developing them, and basically leave the weaknesses alone. In the process you find leaders are very different one from another, yet very effective. Advisor, teacher, connector, influencer, pioneer, etc. My digression point is that not everyone has to analyze every last detail or look at everything the way you do to be effective or valid in their perspective. Analogies to grasshoppers and horse manure may be the way some people look at situations, and that may be a strength if you could sit down and talk to them as they may help you see things differently. As detail/analytical types, a critic can also become dangerous as they are often drawing conclusions based on the limited information they have, which is incomplete. I don't care what you believe is happening, none of us really do without being able to look at proprietary data, and conclusions about sustainability based on the very limited data you see is potentially creating an inaccurate point of view. "Just the facts" is fine, if you have all the facts. And I know it drives you crazy you don't have all the facts, but no one sees 5% of the numbers in my business and if they did, there would be lots of surprises!

I deal with lots of product reps, who hand out thousands of samples. I've discussed the conversion ratio with them of samples to sales, out of curiosity. They tell me it's all over the board, but it's generally a very low percentage. But they know that the small percentage converted will tend to be loyal for an extended period of time. Samples to sales is a numbers game, and it's very different for every industry. How do you know what conversion ratio exists in Zeek, and what MUST exist to be sustainable? How many repeat customers do they need, and are there large regional differences in conversions, US vs. Romania, for example?

Case reports are insignificant, but I have a cousin in Australia who first told me about penny auctions, as a user. She does it all the time. She buys dozens of bids and it's entertainment to her but she's won some cool stuff. 2 years later, she still buys them. How many of those people exist, and how many does Zeek need? How much profit exists in a Ford Mustang that requires purchased, not free bids, and sells for over $4000? Isn't that 400,000 bids on one product? What is the profit margin there with low overhead? There are so many proprietary questions that the critics can't answer. So I find the authoritarian stance a little repulsive, when it starts to sound like everyone else is simple-minded or borderline idiotic.

I have said it before and been criticized but it's true: If you don't like it, if you don't believe in it, if you're uncomfortable with sustainability, then get out. And I mean it for your own health and sanity. If something is causing too much stress, anxiety or negativity, then cut it off! That's personal advice from my own cardiologist and it's saving years of my life. Yes, trust the leadership, or not. This is their business and it's no different than owning a stock in a company you trust or you don't. I think the key is to find a reasonable balance between trusting the company and seeking answers based on limited data, trends, and subjective analysis.

Troy , we love Zeek rewards but would like to know when the nexppay check that was not paid for7/2 will be sent. we are currently using alert pay and those checks are being posted ok.. the 7/2 check is caught up in a snag tho.l I am happy to hear some of the next pay checks have started being posted. Can you tell us how long it will be for that back check?

@livingthebeachlife and Mike

Both of you determined that I came to the conclusion Zeek is a scam. If you look at my comments, and previous comments on other articles, you will see that I have tried to ask for evidence that affirms Zeek as viable. I have struggled because no one offers it,but I persist because I want someone to stand up with solid evidence because I want my skepticism to be shut down so I can recruit again. Greg above gave a very well written and polite response to my comments, but he did not attempt to address the "customer" issue. I can only speculate because he cannot honestly say he has customers in a reasonable amount who bought anything, just like most everyone else.

To answer each of you, I never concluded Zeek was a scam. I'm too analytical to conclude it is a scam in my heart. Evidence says it is, however there is no conclusive evidence it is a scam, and I consider anything positive i can find.

However, I am attempting to withdraw 10k I put in, and 10k in my wife's account. I have made three requests over 5k. I have two more requests to do.We have been unable to get it back any money yet due to ewallet issues. Only one has reached ewallet, and still waiting for check. I have been unable to get other two from Payza

and have tickets in for two weeks now with no answer. I

have informed my downline of my reservations. I intend to

get back the 20k and walk. I am not willing to lose the 20k. One could fairly question my ethics for taking my initial injection, but I have my own rationalization.

Greg makes a valid point. One can over analyze and

#1 Troy, do you recognize Andy as the father of this business model as those zeek leaders state (yes, I do believe they are Zeek leaders).

#2 Do you see the similarities in ASD and Zeek?

#3 How come whenever someone ask's you a tough question you always have to "get back to them" on it.

#4 Friends in prison?…stupid point. Did you email your social network asking your friends for funds to help your son and so many other of your friends and family members who are felons? I realize this isn't indicative of the majority of zeek members, but you have to admit the relationship with Andy does indeed have strong ties to Zeek. Friends of a feather flock together.

#5 Why are you so blind? Do you believe the penny auctions are generating the revenue to pay these large weekly commissions? Do you believe the majority of Zeek members have retail customers purchasing bids? Do you really believe these are growing pains issues? (these are yes or no answers by the way, no need to get back to me).

#6 Why can't you see the simple truth…people put in money, wait 90 days, and start their 80/20 investment model. Dawn said "we can't pay you until new members fund the e-walletts". Nobody's selling bids retail and there are no customers.

#7 What will your spin be when the company you endorse collapses and proves to be illegal just as ASD was.

#8 Please don't compliment me and say "wow, those are good point's, I'll have to make some calls and get back to you".

Here are some quotes I have read from affiliates:

You can start with a smaller amount and build it up fairly quickly since it works out to 2% on weekdays and 1-2% on weekends. That's what I've been making on a steady bases. I keep all my money in there until I get to my number to do the 80/20 split and make a weekly cash out which should be in 3-4 months for me. When you do the math on 1-2% daily..more days at 2% than 1% it is very powerful which is why some folks start with 10,000 which gets you a nice full time income right out of the gate.

Here’s how it breaks down. Penny auctions run at huge profit margins, and in Zeek’s case, the company is just steering the massive dollars it would normally spend with fancy ad networks to you. All you need to do is place your daily ad. Do that and you’ve done your part to earn that day’s percentage of profit! At the moment that percentage averages between 1.5 – 1.75%. These figures are not promised in any way, and you are in no way guaranteed to receive these specific percentage payouts.

Let's use a 1.4% daily reward figure in this example (Please note: This is only an example and the actual amount will vary day to day). When you reach 50,000 points in your account, then you could start doing an 80/20 cash-out plan. Pay close attention… When you hit 50,000 points in your account, if the daily reward percentage is 1.4%, ZeekRewards will be awarding you with $700.00 each day.

I also have been told once an affiliate hits the 90th day, then the 91st day, etc., he or she has some VIP points retiring from their account EVERY DAY, provided they repurchased more bids with their daily profits from day one forward. In other words, on any given day, whatever additional money an affiliate chose to repurchase additional bids, that exact amount is "retired" exactly 90 days later.

With the daily reward of 1% to 2% and VIP points retiring on 90 rolling periods, an affiliate can turn $10,000 into $100,000 to $1,000,000 in 365 days. Troy is this right? Is this the kind of money we are talking about? It does not line up with the 2011 income disclose statement. I just need to know if a person can sign up for a diamond or gold business, purchase $10,000 in VIP Bids, take approximately 3-5 minutes a day to copy and paste an ad on the internet, and have the potential to turn $10,000 into $100,000 to $1,000,000 in 365 days. This is what an affiliate and his up stream partner is telling me. Your assistance and insight is greatly appreciated.

All i want to know is this:

1 where are the profits coming from? 12 little auctions at a time is all i can see

2. Is anyone actually earning a income ie: money in the bank or is it all just unrealized income – purchase bids with imaginary money?

3 Why is ZeekRewards set up so you can't contact them. You can't get through to support. Why is it so deliberately difficult?

4. What is the longevity of this company?

Troy for some reason I can't reply directly to your last comment so here it is down here.

First and foremost the comparison to a murderer is incorrect because this is a label we put on someone who has committed the crime of murder. You're right a murderer is innocent until proven guilty, but that doesn't change the fact that someone was murdered and you don't need a court of law to establish that.

'A court of law needs to rule something is a Ponzi before it is one' is a common argument' scam defenders use and it falls apart on the basic principle that a business model defines whether something is a Ponzi in the practical sense, long before a court of law gets involved.

As mentioned before, Ponzi scheme is not solely a legal definition, it's a practical one too.

The definition for Ponzi I gave was not a legal one, it wa sa practical one (although they might be one and the same when applied in a court of law). Regardless, the practicial definition of a Ponzi scheme can be found in any dictionary across the globe in multiple languages, irrespective of national legal jurisdiction.

A practical definition is given based on how something works. In this case the giant proprietary mystery of whether or not affilite money makes up the bulk of the daily ROI Zeek pays out.

Logically as it stands this is the case. You might want to insist this is a phase and the legit side of the business (retail customers in the penny auctions") will someday contribute more than affiliate money, but consider that this is what all schemes claim when they launch with a sham product upfront and simply recycle affiliate money amongst affiliates behind the scenes (the model they use to do this is irrelevant).

In Zeek's case how much is earnt is directly related to how much money was either directly upfront invested by an affiliate, or how much they convinced others to invest.

Long-term their earnings are dependent on how much of their daily ROI they re-invest back into the system, or how much their downline does.

You and I both know this mechanic (change the terminology and call it what you want, the above is the simplest and most accurate definition of how the daily profit share works), is nothing like your standard bonus pool offered by genuine customer generated product sales orientated MLM companies to their top distributors.

Furthermore this will never attract retail customers in any great number (affiliate purchased bid inflation is horrendous over at Zeekler). As long as affiliates can join and fund the scheme – primarily this is how it's going to function.

ASD tried to hide behind advertising and ZR are trying to hide behind retail bids when they have no genuine retail customers (who purchase retail bids on a regular basis with non-affiliate money). Offering a service and hiding behind a business model that recycles affiliate money is no different to offering a product for sale nobody is buying other than your affiliates.

That said I'll readily conceed a few legit retail customers might exist out there. One or two sure – ten even maybe, but not enough to pay out millions a day. That money's coming from the affiliates and whether you have the figures or not infront of you common-sense dictates you'd have to be a gullible moron to suggest otherwise.

This is based on observation of the amount of auctions Zeekler run a day, the amount of bids spent in each auction and the near-universal response you get from Zeek Rewards affiliates when asked how many genuine retail customers do they have that actually spend their own money on a regular basis as "none".

In this very thread you can see 'Greg' harping on about his affiliate downline and then repeatedly dodging Morten's 'do you have any genuine retail customers' question.

This is not a once off and on my own blog we've seen it play out time and time again. Others with hundreds, some having thousands, of affiliates in their downlines have confirmed not one affiliate has a genuine retail customer.

(before you trot out 25:1 affiliate to customer ratios, I said genuine retail customers who purchase retail bids with their own non-affiliate money on a regular basis, not dummy customer accounts set up by affiliates to dump their bids onto).

Finally please don't dismiss these observations and analysis as being 'personal' (implying some sort of immature vendetta against Zeek Rewards) or equate it to people considering "legit companies" as pyramid schemes.

I've reviewed god knows how many companies and business models now and am as objective as they come. My opinons, critical analysis and commentary on Zeek Rewards is solely based on their business model.

I believe MLM is solely rooted in the sales of products or services to genuine retal customers. Where retail demand across an affiliates personal customers and that of their downline dictates how much commissions an affiliate earns.

Anything else is just legal engineering to dress up tired old schemes in new clothing and skirt the laws of the countries they operate in. Ponzi schemes are nothing new.

Troy you are awesome! And for all of you critics who are going to say I'm drinking Zeeks cool-aid, I am NOT a Zeek affiliate, but I do love what Troy is trying to accomplish here!

Go build your businesses and quit whining about your down-line leaving for Zeek it's like a guy who abuses his wife complaining that she divorced him…Duh. Some MLM companies have been abusing the little guy for years and the only reason the big guys are complaining is because there income is Dropping like mad.It's not about your affiliates and protecting them.

It's not about zeek its about you.It's your income that you are concerned about. Because if it was about your little people you would never allow them to be a part of a comp-plan with a binary. BInary? Huh? little guy?

That's suicide and all of you know it. Here is a fact,if they were making the type of money that they need to survive, no company would be able to attract them away from you.

Do the math, traditional MLM is gone by way of the dinosaur. Get with the new or DIE with the old….:-)

Keep up the great work Troy!!! And all you ZEEKERS out there keep doing it big!:-)

Troy,

I have not heard any information on either teh Red Carpet show form this month, neither have i heard anything more about the Global Seminar in Nashville , Tn in Nov. An update please!!!!

Oh and Troy you Rock

Troy,

I really appreciate the posts that you put up i think they are very helpful. I was recently on k. chang's website unfortunately and he was trying to make every argument possible for everything. He also has been mentioning a Howey test. What are your thought's about this test? It kind of bother's me that he goes on all of these forums and just tries to convince people otherwise so hard. You do pretty much everything MLM and you believe whole heartedly that this is legal legit and sustainable correct?

Hey Troy, is it possible to organize the commentary section of your blog chronologically instead of topically, more like the way Oz does it at behindmlm? It's not an easy format to follow, lots of scrolling and searching. Thanks, e

When running a spreadsheet you have to use a number to start with, just like Zeek does on their website: The company (today and at the end of each day) tallies the days net profits and determines the day's VIP Profit Share Award. Let's say, for the sake of this example – the company determines that today's revenue allows for a 1.5% award and posts it to the Retail Profit Pool which reflects in yours and every other Qualified Affiliate's Profit Pool account. Assuming a 1,000 point balance, in this example, it would give you a $15.00 award.

In our example, let's assume that you have set your preference to use 100% of your daily award to purchase more bids to give away as samples to grow your business (and your VIP balance!). When you go check your Retail Profit Pool Report the next day, you will see that your account balance will now be 1015 VIP ProfitPoints because the bids were given away to your retail customers!

**Please note that daily percentages will vary and we do not guarantee any specific amounts or results.

The spreadsheet can have some scenario analysis with different numbers: 0.80%, 1%, 1.25%, etc. Most examples I have seen from affiliates use 1.20% to 1.50%. Overall there seem to be too many affiliates, not enough auctions, not enough Zeek Rewards customers, and limited ability for Zeek's compliance department to monitor affiliates around the world. I can not imagine them watching hundreds of thousands affiliates when they are having trouble with their customer service department.

What does everybody think about Zeek letting all of these new affiliates sign up when the program is going to be changing?

Like someone joins and buys 10k in bids then finds out later they have to do more than post an ad every day to earn money.

Troy, I'm not sure my math calculated right. I think I'm on the right track with the RPP. Maybe, you could check it for me….before posting. Thanks! ;D

Hi Troy, I think I figured out the math! I took hypothetical cash available (2 million dollars) and divided it by total number of VIP points for all affiliates. So, if 100,000 affiliates had 1,000,000 VIP points each that would be 100,000,000,000 total VIP points. Take $2,000,000/100,000,000,000 VIP points, that gives you .00002. Take .0002 and multiply to the individual VIP points of 1,000,000 and you get $20. Multiply that by 100,000 affiliates and that's $2,000,000! Could that be the formula! Anyway, if 100,000 affiliates got .00002% of 1,000,000 VIP points they'd make $20 for the day. ;D

Thanks for your patience with my posts!! God Bless! AM

Troy do you have the link to the new article were it say's what the qualifiers are?

I think any educated person who understands how to operate a calculator knows full well that Zeek cannot continue at this multiplier indefinitely.

All of these profit sharing compounding programs are using the exact same software used by ASD. They take the basic program and make modifications to it. They are designed to operate like a bank. If people keep their deposits in the bank, the bank makes money and the depositors get a few table scraps.

However, the banks can also print their own money. Zeek does not have that luxury. In both cases, if everyone wanted their money out, the banks and Zeek would collapse. But due to the structure of the compensation plan, the profits are leaked back to the member slowly giving leverage to the company. The attrition of previous points also adds tremendous leverage to the system.

I believe as long as new people continue to bring funds into Zeek, it will be able to float enough cash flow to remain in business. However, at some point, the numbers simply compound out of control and at that point, the company would have to make drastic changes to the pay structure. Eventually the profit sharing compounder will have to be removed and the program converted into a standard MLM format. Of course, when that time comes, the company will probably not survive much longer. As for now, I believe if you do the math, Zeek can hold on at least another year before the numbers begin to turn upside down.

yeah thanks for the clear up.. But do you think the new qualifications strategy or zeebates would take care of the clean definition of customer side?

Hi Troy Thanks for all your help

Blue Diamond Executive hi $25,354 low $2,596 avg.$8,536 working 10 hours per week. I don't believe e is making this with monavie. It looks like he is spending more time following this zeek deal than he is doing his juice business.

@Troy

I think the main point that the critics are missing here is that the Rex Venture Group business model and the zeek rewards business model will not be the same as it is today in a years time, or in 6 months for that matter. So in the case of Mortein, for example, where he talks about spread sheets, this is purely hypothetical analysis that will not have any bearing or relevance in future because zeek rewards future business model will not be the same as todays. The same can be said for any other criticisms of the model. What they dont understand is that the company is dedicated to improving systems and is more than likely liaising with the regulators to ensure that they are moving in the right direction. Whilst I appreciate that people may have some concerns, Is this so difficult to understand?? Or are they just conveniently turning a blind eye to this fundamental point?

@Troy Dooly,

Do you think Zeekrewards is a Ponzi scheme or a pyramid scheme? if not, what do you think of this video?

http://www.youtube.com/watch?v=k0s2tVpr18o&fe…