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ADSZENS Network Marketing (MLM) Company: Smells Pyramiding Scam Again?
Its Vice President Joebert Gayo has been alarmed. He threathened me a lawsuit.
I was surprised and confused. I told the truth.
Many ADSZENS members were defending themselves. They attacked me verbally and put me on shame.
Ads Zens Broker Corporation is a pyramiding scam and operates a fraudulent PTC because of several reasons:
And recently in October 15, 2012, a new announcement has been made that shows a glimpse of the true nature of the company.
A new requirement is needed in order to get the PTC payout. AdsZens posted an advisory in their new website adszensgold.com:
AdsZens requires you to recruit one person direct to you. WOW! Smells pyramiding right?
Why pyramiding? You must watch this ANTI-PYRAMIDING VIDEO campaign again:
If ADSZENS PTC is a legitimate PTC, why does it need a renewal fee every month? And why does a member need to recruit one person in order to get the payout?
If ADSZENS earns from their PTC, its revenues from PTC should be sufficient to pay the ad-clickers.
If not, then ADSZENS need to stop its PTC program.
If ADSZENS will continue to operate its PTC program, they are operating a pyramiding scheme in which old members are paid mainly from the money of new members.
Then, ADSZENS will collapse soon.
I'm not sure for how long will ADSZENS survive. 1 year?
I'm still not sure. As long as there are sufficient number of people who will register in ADSZENS, then, it can survive.
In one (1) year, ADSZENS will have to file an annual report and financial statement to the Securities and Exchange Commission (SEC).
And ADSZENS will hire an accountant for that. But what do you think will the accountant present in the advertising revenues from their PTC?
Will the accountant present a multi-million-peso revenue from their PTC? If they do that, they will commit fraud. And the accountant will be also held liable.
And what do you think will ADSZENS present in their nature of business to their financial report? Will they put their PTC?
If they put their PTC advertising program, I'm sure SEC will require ADSZENS to present their advertising revenues from their PTC.
You must know that the monthly payables of ADSZENS to its ad-clickers exceed the revenues of their PTC.
If recruitment stops or if a significant number of recruits decreases, ADSZENS cannot pay its ad-clickers. Then it will collapse.
This would mean a huge loss of money to the members at the bottom of the pyramid.
Those innocent ADSZENS members must educate themselves about pyramiding scams, PTC scam and ponzi scheme.
And those ADSZENS members who already know the true nature of ADSZENS, why do you still continue to recruit and victimize many innocent people? You know that those people at the bottom of the pyramid will surely suffer financial losses and yet you still continue to fool other people?
Don't let your greed of money put other people at risk!
Do you think ADSZENS is a pyramiding company? Tell us your thoughts below in the comment. One comment would mean a lot to save your friends from scam.
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