zeekler-penny-auction

Looking for info on the Zeekler penny auction site?

Stop. You found it. This is the most important article you will read on the subject.

This company is growing fast and someone close to you probably told you about it and is telling you to get in now.

The Zeekler penny auction is a website owned by Rex Venture Group LLC, which is a subsidiary of Lighthouse America. This company was founded by founder and current chief executive officer (CEO) of Zeekler and ZeekRewards, Paul Burks.

Inside the Zeekler Penny Auction

As the name of the company implies, Zeekler penny auction is an online auction house which gives its users the ability to place online bids on items for a very low price. They are a U.S. based company with an office located in Lexington, NC. The company has shown a steady and solid growth with a debt free environment.

Zeekler penny auction allows its users a fun and safe way to look for bargains that they can take advantage of. It is a penny auctions website where people are given the opportunity to make bids on products and items up to 90% off of retail and in turn sell these items at a profit, or just keep it if it floats their boat.

The Zeekler penny auction system earns revenue based on the bidding activity on their website.

Zeekler Penny Auction – Goods at Bargain Prices

People can find almost anything and everything they need on Zeekler. GPS tools, computers, iPads, a digital camera, a new BBQ grill, and so much more can be found on their website for a very low price.

Being a generous company, Zeekler affords its users between 50-500 free bids, as opposed to the usual two and ten free bids given in other websites, in order to gain a better understanding of the learning curve.

Zeekler generates revenue off of user bids. Users purchase items through the auction system by making a bid which is done with Zeekler’s “Bid Pack.” Each Bid pack sets the bidder back for 65 cents for every bid that they make. So, if 10,000 bids were placed on an item, say a new iPhone or a new Canon digital SLR, Zeekler will generate $6500 in revenue.

The Man Behind Zeekler Penny Auction

Paul Burks is the founder and current CEO of Zeekler. He has been a prosperous and renowned proprietor and programmer for multi-level marketing (MLM) for over 14 years. The Zeekler penny auction system was not his first success story.

FreeStoreClub is a company more than a decade old and became popular back in 2006, and is one of Paul Burks first ventures. With over three million people in representatives and customers spread across 175 countries around the world today, Paul Burks has proven himself a capable leader.

Zeekler rewards its hard working members. The auctions pay overrides and commissions per bid, up to 13 cents per bid. The more people and individual invites to participate in a particular auction the more bids are spent. The more bids spent by the people recommended by one person, the more commission that person will get.

Zeekler may seem like a pyramid scheme to some but they do not see how services and products are exchanged in the process (questionable).

(Note: We are not affiliated with Zeek in any way.)

UPDATE: 8/17/12

SEC Shuts Down $600 Million Online Pyramid and Ponzi Scheme

It’s official. ZeekRewards has been shut down. Yesterday we heard that they had closed their headquarter doors.

Today, August 17, 2012, it was announced it was a scheme.

MLM Attorney, Kevin Thompson, wrote a great article on the closing of Zeekler and ZeekRewards.

The Zeekler scam claims have turned out to be true.

I hope you got value out of this review on the Zeekler penny auctions.

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