Sunday, September 9, 2012

Zeek Rewards is coming back ? Urgent news

Hello my good friends

I can hardly type!

It has been release that zeek rewards is coming back!

Yes you heard me! 

It is already been named zeek rewards 2.0

What happens is apparently the SEC is admiting they made amistake because they can not find any victims, first, and second they now understand the model and can say that the buying of bids is not a security.
To top it all up 2 thirds of the affiliates are international therefore they could not ask for the money back AND they can not ask for the USA affiliates because is not fair only they pay for it.

What does this mean ??? Even if it was a scheme they could not do a thing!!!!!!!

Here is part of the communication of  Dave Kattner

Here is the great news…The law firm has already talked to the SEC and the NC DOJ. On Thursday, Robert got a call from one of our attorneys regarding the conversation that he had with the SEC. Here is what he said:
The SEC acknowledged that there are a couple of problems with the case against Zeek Rewards and Rex Venture group. Here are the problems:

1. We (the SEC) are not able to find a victim in this case. We are not able to find anybody at this time that has been harmed by Zeek Rewards.
2. We (the SEC) are having a hard time finding a security. In the complaint, it said that Zeek was selling securities and was an investment scheme.

Based on their (the SEC) new knowledge of the Zeek Rewards business model, they are having a hard time moving forward in making their case. And they are now looking for a path or way to back out of this.

What are attorneys will be doing next week is filing a motion of appearance that they are now representing Fun Club USA, LLC. and the people that are now associated with them (the protected group). The receiver, Kenneth Bell, has now also realized that 2/3 of the Zeek Rewards affiliates are international which makes for the use of federal clawback laws being used to recover more funds impossible as they cannot collect them from the international affiliates and would not hold the 1/3 of US affiliates liable for the entire company.

You can read the full article in

Also here is a video from Troy Dooly speaking about it.

I will keep you posted..

What a great day for many of us!


Rui Silva


Post a Comment

Share your thoughts!