You are stating it's impossible to pay with FlexMoney? I wonder where this happens? The impossible part? Does it happen when the customer tries to scan the QR code after they press "pay with FlexMoney"? Or does it happen before that, when they attempt to pay with FlexMoney and the shop keeper says no I don't take FlexMoney but I can give you FlexMoney? When is it impossible? Is it impossible because the location you first didn't think existed was there and then you tried to pay with FlexMoney and they said you couldn't? I am not sure where this impossibility actually occurs. I am lost trying to think what you actually have decided is impossible. And then I wonder how you have decided that it is actually impossible? Please can you elaborate so I can understand how you have reached that conclusion?
It is impossible at the part where the Flexkom terminal app, operating at the POS 4S, is unable to set up a secure connection to the main servers of Flexkom. Flexkom calls this the cash loop. It is not functional at this moment.
The other issue, How does it save me money if I have FlexMoney on my app/in my account to pay with dollars? Do you not think that the store keeper will like the commissions he is getting when his customers use the system? Or is that part impossible as well
As mentioned a couple of times before:
The store can give more discount when not telling flexkom about the transaction. 10% discount would mean 20% loss of turnover when using flexkom. When not telling flexkom, the store could give 15% discount and keep an extra 5% in it's pocket, for example.
Also, in order for the store to receive 1 dollar commission trough flexkom, another store has to pay 8.33 dollars of commission to flexkom. Dont you think that the stores make money trough commissions as the stores are the ones paying all these commissions. You claiming that a store would make money trough Flexkom their compensation plan demonstrates that you dont have a clue how the system works
Should people think of your opinions as fact?
I don't bring an opinion.
Last edited by freighttrain; 05-24-2014 at 02:31 PM.
Are you fantasizing how it will possibly work or are you trying to say it is the way it works already ? :)
If later, please care to provide FinCEN MSB registration number and MSB registration in each state where those transaction are done.
Explain to me why I would have those numbers?
FlexKom has approx 20 stores that have gone from pilot (not paying commissions) to live a couple of weeks ago paying commissions. That means we are full circle here in USA. There are stores that have completed their contracts and have paid and will have their terminals delivered and installed June 1st. I don't know how many are already confirmed but it is a good amount.
Simple, either
1) FlexMoney is a virtual currency , as it says equal to $1 of a local currency
or/and
2) Is a money transactional service, processing transactions on behalf or in benefit of other party (Customer <-> Flex, Business <-> Flex)
or/and
3) provides a storage of a currency (equivalent) , (people hold their balances with FlexKom as in the Bank), (in this case also need to file a disclosure that balances are not FDIC protected)
In any or all the cases it is a regulated activity and requires to be registered as Money Service/Transmitter Bussiness, obey AML rules and file required reports on transactions, with FinCen and with each state where one end of the transaction participant resides.
Otherwise it is being operated as unregistered money service, and operators can face up to 2 years of jail time.
I could not find a single registration by either FlexKom or FlexMoney, that is why i asked for a number.
PS: Even crooks like Payza and SolidTrustPay have those
Ok I could be wrong, but I think watsco truly believes. These network marketing scammers get so good at what they do and say that people like watsco refuse to listen to anyone else and become incredibly brainwashed.
The sad part is, all we have to really do is watch and wait because sure as the sky is blue, Flexkom isn't going to happen as described and all those dreamers WILL LOSE.
Watsco, in any Ponzi there is some reward to keep people hanging around.
As Eagle pointed out, and this goes for all MLM/NWM, if it's so great why leave?? Why not retire on residual if its going to change the world? Stop and think about that and how much sense Eagle's question makes.
OK. Let's go there. How much time do you think is allowed? Here is your chance to prove your case. Let's talk about the results.
Flexkom International is now 3 years old. Can you post the stats of ANY successful country?
Number of merchants?
Number of customers?
Or, just give us the numbers for Chattanoogy which closed out NEW investor/promoters back in Feb 2014.
Number of merchants?
Number of customers?
Dollar volume to date?
Flexkom has been around since early 2011. Three years later, Flexkom has only succeeded in selling the opportunity and paying commissions and overrides to their promoters. 3 YEARS!!!!
Google Trends, which shows how often a word is searched for, reveals that FlexKom went from nothing in Turkey in early 2011 to a peak in January 2012 and back to almost nothing now.
Would it make sense to ask after a few months as they are finishing the foundation. You told me you where going to build 150 floors in 2 years and you haven't even finished the first floor yet?
Anyway on our app we have proof of locations in many countries. I have not counted the stores myself but if someone would download the app they can easily find them on the app as it was meant to be. I can see over 80 locations in just one frame in Paris. Each location has a page in the app with an address and phone number incase someone wants proof they are real. They can visit or call.
The map on the app looks like this. You search the city and country image (1).jpg
If you click on the orange icon it brings up the stores page.
if you click the number it zooms in and show the stores in that area. It's live now on the app for anyone to see. Paris store.jpg
Ok I could be wrong, but I think watsco truly believes. These network marketing scammers get so good at what they do and say that people like watsco refuse to listen to anyone else and become incredibly brainwashed.
Oh he knows it is a scam, he just wants to look as a hero defending his money flow.
It was clear from beginning, and since he keeps bringing some details which suppose to make people belive it is not, he just
digs a bigger hole.
Everything around Flexkom is full of lies, we have career criminals behind the scheme, obvious pyramid with no retail sales,
POS4 systems which i pointed out are not legal to use in US , and when I demanded FCC ID, they put a sticker on it with a small problem , hmmm - it was fake ID :)
If they really imported bulk of those POS4 tablets, if they really used FlexMoney on a big scale, they will be already in a court saving their ass, i can speed it up. but bummer, they have nothing of that only lies.
Let just watsco bring more points he thinks proves legitamacy of this scam, we will have more points to backfire.
Would it make sense to ask after a few months as they are finishing the foundation. You told me you where going to build 150 floors in 2 years and you haven't even finished the first floor yet?
If the original contractor had a history of leaving foundations in other countries abandoned, if the sub-contractors kept disappearing, and all there was were migrant workers working without getting paid with the promise they'd get their money when the building is finished, I'D BE WORRIED.
Flexkom has been around since early 2011 - more than 3 YEARS!
You mentioned sky scrapers.
So, I ran a quick search on Google for "how long did it take to buildd the Empire State Building.
ANSWER: one year and 45 days
It is located on Fifth Avenue between 33rd and 34th Streets in Manhattan. Facts: The Empire State Building took only one year and 45 days to build, or 7 million man-hours. There are observatories on both the 86th and 102nd floors.
Empire State Building Fast Facts - CNN.com
Ok I could be wrong, but I think watsco truly believes. These network marketing scammers get so good at what they do and say that people like watsco refuse to listen to anyone else and become incredibly brainwashed.
The sad part is, all we have to really do is watch and wait because sure as the sky is blue, Flexkom isn't going to happen as described and all those dreamers WILL LOSE.
Watsco, in any Ponzi there is some reward to keep people hanging around.
As Eagle pointed out, and this goes for all MLM/NWM, if it's so great why leave?? Why not retire on residual if its going to change the world? Stop and think about that and how much sense Eagle's question makes.
In a city where there is a lot of smog is the skye blue? When it rains is the skye blue? Is my post above with 80 locations me being brain washed? Are there not network marketers that make millions?
Let me ask you? If Apple was so great why did Ronald Wayne leave? Do you think he has regrets? Russell got tired of waiting the next day we went into 3rd phase. Is that bad timing?
If the original contractor had a history of leaving foundations in other countries abandoned, if the sub-contractors kept disappearing, and all there was were migrant workers working without getting paid with the promise they'd get their money when the building is finished, I'D BE WORRIED.
Do you think the contractor that built the twin towers that collapsed from being hit by a plane when they where suppose to be safe from plane crashes are still building buildings?
What are the results for Chattanooga which entered final phase on Feb. 2014?
How many people Business Builders did they sign up in Chattanooga before they closed down Phase 1?
Number of merchants?
Number of customers?
I bet you don't know because the company never talks about results, only the DREAM of the FUTURE. :)
Do you think the contractor that built the twin towers that collapsed from being hit by a plane when they where suppose to be safe from plane crashes are still building buildings?
2010 Flexkom launched in Turkey with an original idea in 2012 years they launched with their solution to stores =2 years
In late 2012 they opened Uk and in early 2014 they have launched in several European cities =1 1/2 years Including the UK
Is 2 years to long for a original concept from start to launch?
Ok In september 2013 they opened for reps in USA In May 2014 they launched 3rd phase less than a year.
How long should it take?
You seem a bit confused. You initially made the comparison of Flexkom and a sky scraper. I replied back with the answer and you changed the subject.
It has already been reported that most of the Kobi's are ALSO Brand Partners too. Try selling the concept to a non-participant. How about posting 4-5 stores in Chattanooga that are not also Brand Partners. I mean, they are now four months into Phase III, right? Why not show us on the APP where all of the merchants are located in Chattanoogy? :)
Flexkom has yet to prove their model in ANY country. Period!
Ok, I have a question for you about this. Do you think Tiger Woods drives a Buick?
Talk about a red herring. So let's see, FlexKom uses a photo shop picture claiming it is one of their successful reps, and it is exposed this is the case, and you want to talk about what car Tiger Woods drives or not. Seriously? By the way, he does drive a Buick, just not all the time. Next red herring argument.
EagleOne
Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com
Havent laughed so hard at a post in ages.
Thank you
Originally Posted by watsco
have you ever seen a sky scraper go up?
Would it make sense to ask after a few months as they are finishing the foundation. You told me you where going to build 150 floors in 2 years and you haven't even finished the first floor yet?
Anyway on our app we have proof of locations in many countries. I have not counted the stores myself but if someone would download the app they can easily find them on the app as it was meant to be. I can see over 80 locations in just one frame in Paris. Each location has a page in the app with an address and phone number incase someone wants proof they are real. They can visit or call.
The map on the app looks like this. You search the city and country image (1).jpg
If you click on the orange icon it brings up the stores page.
if you click the number it zooms in and show the stores in that area. It's live now on the app for anyone to see. Paris store.jpg
What are the results for Chattanooga which entered final phase on Feb. 2014?
How many people Business Builders did they sign up in Chattanooga before they closed down Phase 1?
Number of merchants?
Number of customers?
I bet you don't know because the company never talks about results, only the DREAM of the FUTURE. :)
The final phase was not entered until May In Chattanooga 3 months delayed.
I don't live in Chattanooga so I have not seen the signed contracts they have But they have more than 200 stores signed on our contracts per what they have shared. They will open 50 in each city in June. There are several stores open already those where the pilot stores in the area So they simply turned them on once they signed the merchant agreements. Those stores are doing several transaction per day. The reps are reporting several commissions per day in their back office.
As far as customers I don't know but according to the calls they are very easy to sign up as we expected they want the money of course. The reps know they have to spend at at least the day with the store to show and train the staff. The staff gets a commissions on the customers they sign up for life so they are super excited to participate. Store owners are begging to get going there is a a real buzz happening in the area. The new sign ups are increasing all the reps who where waiting to see this happening are now getting back building their teams.
Hmmm i wonder if the members on this site will be the last to figure out That FlexKom isn't Zeek Rewards or WM777 or any of those deals he he he he
Talk about a red herring. So let's see, FlexKom uses a photo shop picture claiming it is one of their successful reps, and it is exposed this is the case, and you want to talk about what car Tiger Woods drives or not. Seriously? By the way, he does drive a Buick, just not all the time. Next red herring argument.
Why do you think there are stock photos to buy? LOl
Did you think the people in the commercials are really using those products? They find them in stores?
Wait...I recognize that store now.
It was funded via Univest crowdfunding after a bridge loan by Roman at Profitable Sunrise and they advertise
via Chris at Banners Brokers. The Easter Bunny is the Flexcom contact person there.
Flexkom app also shows locations at Hogwarts School of Magic, Willy Wonkas Chocolate factory, and Santas Workshop.
Dude, if its in the MMG forums its a pyramid/ponzi at some (usually most/all) levels. Thats been a 100% accurate over time.
Its like deja vu= some clown over here defending the latest scheme of the day.
Yet none ever come back to say they were wrong?
Originally Posted by watsco
have you ever seen a sky scraper go up?
Would it make sense to ask after a few months as they are finishing the foundation. You told me you where going to build 150 floors in 2 years and you haven't even finished the first floor yet?
Anyway on our app we have proof of locations in many countries. I have not counted the stores myself but if someone would download the app they can easily find them on the app as it was meant to be. I can see over 80 locations in just one frame in Paris. Each location has a page in the app with an address and phone number incase someone wants proof they are real. They can visit or call.
The map on the app looks like this. You search the city and country image (1).jpg
If you click on the orange icon it brings up the stores page.
if you click the number it zooms in and show the stores in that area. It's live now on the app for anyone to see. Paris store.jpg
Last edited by Fat City, LA; 05-24-2014 at 04:47 PM.
Watsco - I see you like posting pictures. OK, let's compare pics. Yes if Flexkom is never shut down by authorities, certain members of this board will wear a little egg on their faces, me included.
However, IMHO...if things go in the USA as they have elsewhere, promoters of this investment program run the risk of facing THIS GUY.
Can you say with 100% certainty the SEC will give a pass to the Flexkom Model of paying commissions on the recruitment of other investors?
I like where I sit. How about you?
By the way, if you visit the Zeek Rewards message boards you will find participants still saying it was legit, even today!
Wait...I recognize that store now.
It was funded via Univest crowdfunding after a bridge loan by Roman at Profitable Sunrise and they advertise
via Chris at Banners Brokers. The Easter Bunny is the Flexcom contact person there.
Flexkom app also shows locations at Hogwarts School of Magic, Willy Wonkas Chocolate factory, and Santas Workshop.
Dude, if its in the MMG forums its a pyramid/ponzi at some (usually most/all) levels. Thats been a 100% accurate over time.
Its like deja vu= some clown over here defending the latest scheme of the day.
Yet none ever come back to say they were wrong?
Who are you then? The members number one comedian?
Simple, either
1) FlexMoney is a virtual currency , as it says equal to $1 of a local currency
or/and
2) Is a money transactional service, processing transactions on behalf or in benefit of other party (Customer <-> Flex, Business <-> Flex)
or/and
3) provides a storage of a currency (equivalent) , (people hold their balances with FlexKom as in the Bank), (in this case also need to file a disclosure that balances are not FDIC protected)
In any or all the cases it is a regulated activity and requires to be registered as Money Service/Transmitter Bussiness, obey AML rules and file required reports on transactions, with FinCen and with each state where one end of the transaction participant resides.
Otherwise it is being operated as unregistered money service, and operators can face up to 2 years of jail time.
I could not find a single registration by either FlexKom or FlexMoney, that is why i asked for a number.
PS: Even crooks like Payza and SolidTrustPay have those
What I meant is why would I have those numbers? Me
You seem a bit confused. You initially made the comparison of Flexkom and a sky scraper. I replied back with the answer and you changed the subject.
It has already been reported that most of the Kobi's are ALSO Brand Partners too. Try selling the concept to a non-participant. How about posting 4-5 stores in Chattanooga that are not also Brand Partners. I mean, they are now four months into Phase III, right? Why not show us on the APP where all of the merchants are located in Chattanoogy? :)
Flexkom has yet to prove their model in ANY country. Period!
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Originally Posted by watsco
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