Thread: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

Flexkom's big announcement!!! Americans can now join for $399 and pay $950 for the pos5.

I think this has something to do with UL licensing not being approved when the pos was bundled with the joining fee. Perhaps someone can explain this as I haven't a clue. It looks like the math is similar to the k1 package but is just being sold separately. So, nothing has really changed - Only the page in the Ponzi play book.

Do yourself a favor and start at 5:50.

they rented an empty office to record a video?
and what does the buzzword 'momentum' have to do with anything?
no merchant wants to pay $950 for a one application piece of **** - as well as paying out more from their profits than they need to. If they do, they don't belong in business to begin with.

Originally Posted by Char

Flexkom's big announcement!!! Americans can now join for $399 and pay $950 for the pos5.

I think this has something to do with UL licensing not being approved when the pos was bundled with the joining fee. Perhaps someone can explain this as I haven't a clue. It looks like the math is similar to the k1 package but is just being sold separately. So, nothing has really changed - Only the page in the Ponzi play book.

Do yourself a favor and start at 5:50.

Did I just hear him say the cost of the POS to the merchant is going to be $850? There is no way the local merchants will fork out this price.
Just ask the non-MLM competition how much they charge for their POS unit. For example, merchants rarely pay for their merchant services unit for credit card processing.

I can only imagine the look on the face of the local merchant when some Flexkom MLMer cold calls them and says," I am here to help you. Our company is Flexkom USA. If you have not hear of us please do me a favor and DO NOT Google them.

Here is our deal. We want you to sign up for our app and put YOUR CUSTOMERS on it so your competition can market to them too. And, if one of YOUR CUSTOMERS uses our system at YOUR STORE, we want you to GIVE US 100% of the discount you just gave YOUR CUSTOMER. And, oh yeah....almost forgot....we need $850 from you too.

Now for the look on the poor Local Merchant's face right before he/she kicks the Flexkomer out of his store:


Yeah right!!!

the hardest part of the job are the business owners that get away because they are closed minded.

I think this is code for 'not automatically open walleted'

Originally Posted by Char

Flexkom's big announcement!!! Americans can now join for $399 and pay $950 for the pos5.

Can you imagine how the 999 other people (I know Watsco and the +1 that wants to buy Longcore's distributorship are happy) who signed up last September for $2200 are feeling right now? They have sat on the sidelines patiently for a YEAR, and now the big announcement is more competition at less than they paid.

The terminal I saw yesterday I would give a lifespan of 1 year or less just with all the grease from cooking. Never minding big galoots like me banging their hotdog fingers on the thing all day. When the FK rep picks up the cost of the POS the merchant would have to do just short of $50,000 in sales if a full 2% commission was coming back to the rep. That is just to break even, forget putting up their feet and collecting $500 a month in residual income.

I am guessing that many small businesses in target areas are not doing $100,000 in total sales per year, it seems reps are virtually guaranteeing themselves a loss.

Sales 2012.JPG

Small Business Annual Sales - How much money do they make?

Perhaps FK management should sell whatever it is they are smoking. For that I am sure there is a market.

This link shows the package pricing K1, K5, K10 etc. released on June 1, 2014. Need someone to screen capture please, then do the math.

mdavis | eBizKits

For a good dose of bull$hit, click on their "scam?" tab too. It's hilarious.

One last money grab before Flexcom takes that long days journey into the night.
Insults the intelligence but some will go for it.

They should named them 'none of your biz' packages since that's what the suckers affiliates will be getting and they refuse to answer real questions about it.

Originally Posted by Stewart

But please post a video of you touching the dots, bringing up the info and then going to visit the store.

No reason in the world why that should be silly. After all, there's a few people here think it can't be done.

Cant be done where I am since we have no stores yet. But in a week or so I will post it for you to see. We just got the green light as seen on the video above with Volker all 52 states are go in USA as of today.

Originally Posted by MLM Broken Model

Jason - I have asked you a lot of questions and you NEVER answer them. Flexkom is dead in the USA. That is not an opinion but a stated fact. Will they be able to fix the problems with management, register with the states/regulators and actually deliver on their model? I seriously doubt it. By your actions - you shall be known.

I believe Groupon is registered to do business in all 50 states. Can you say that about Flexkon?

So, here's a simple question that even you should be able to answer. Have you had any of your personally recruited investors ask for their money back only to be denied the refund. What is the answer Jason?

Ok so you are trying to have a conversation with me using a different name of the company we are discussing, so I assume you don't want to have a conversation as this is an attempt of trying to antagonize me and sort of makes everything else just meaningless I assume you don't really want to discuss.

Originally Posted by Scamtracker-Jaap

The problem with the non responsive dots on the map of the Flexapp is solved. It happens only on my Samsung Galaxy 2.0 tablet. It responds correctly though on my Galaxy S4 phone and on another tablet I also tried. Also on the Galaxy tablet the dots, more like bulbs actually, were red, whereas on the other two devices the dots were orange with a FK logo inside. Strange.
Sorry for the misunderstandings. Watsco was right: the app does give verifiable data about the shops you tap on the map. It may just be a bit buggy in the sense that it does not work correctly on all devices.

I have a lot of respect for someone who can acknowledge a mistake even though he thinks the company in discussion is a scam it says a lot about you sir. The others on here have not shown such class yet.

I imagine you are in England maybe? England had a issue with the money not clearing from the merchant to App. It was cleared up. If a business is not giving Apps it can also be because they have no training and in our model it can happen as the person in charge of the sale can't be fired. But at the same time he wont make any money. I imagine there will be some clueless reps out there. It will be fixed as we grow and learn how to manage and have more control from a corporate control team or area coordinator. But I do know the stores where in a holding pattern for a while as the system had bugs in England.

In other England news we just signed Bristol Roovers and Roover fans on here? My associate is from England he says they are not to shabby and they where once in the premier league. Well they are now a FlexKom associated Football club. So next Match which I think is Saturday the fans will be offered the FlexKom App. I am sure that will be a surprise for all the English realscam members.

Here is a photo from our APP. Jaap can confirm. And if it needs to verified maybe go to the match this week

photo.jpg

Originally Posted by Watsco

The others on here have not shown such class yet.

What sort of nonsense is that ??

We think you're a lying, scamming, deceitful apologist for an even worse lying, scamming, deceitful AND criminal group of fraudsters.

Class and respect are two words not often associated with people who promote demonstrably illegal and fraudulent operations like Flexkon.

If I were you, I'd be more worried about the reaction of those to whom you've sold Flexkon machines..

I can foresee the day when you have to defend yourself against having a useless and overpriced Flexkon POS machine forcefully inserted in any available aperture on your person

Originally Posted by littleroundman

What sort of nonsense is that ??

We think you're a lying, scamming, deceitful apologist for an even worse lying, scamming, deceitful AND criminal group of fraudsters.

Class and respect are two words not often associated with people who promote demonstrably illegal and fraudulent operations like Flexkon.

If I were you, I'd be more worried about the reaction of those to whom you've sold Flexkon machines..

I can foresee the day when you have to defend yourself against having a useless and overpriced Flexkon POS machine forcefully inserted in any available aperture on your person

Just a lot of words and no substance. At least when I speak I speak about what is going on with the company. I provide ways to verify our legitimacy and all you and others on here do is put inflamatory words in a post and now posting people such as Russell Longcore comments who is in a competing (not really but in his mind) company with an agenda of recruiting FlexKom reps., but as we continue to grow our stores and our reps continue to prosper along with our merchants your words will continue to sound more and more preposterous to even the most critical. And by the way the name of the company is FlexKom soon to be FlexCom

Originally Posted by watsco

Just a lot of words and no substance. At least when I speak I speak about what is going on with the company. I provide ways to verify our legitimacy and all you and others on here do is put inflamatory words in a post and now posting people such as Russell Longcore comments who is in a competing (not really but in his mind) company with an agenda of recruiting FlexKom reps., but as we continue to grow our stores and our reps continue to prosper along with our merchants your words will continue to sound more and more preposterous to even the most critical. And by the way the name of the company is FlexKom soon to be FlexCom

What a yokel. Were you crying when you typed this.....

So you wont be joining the USA based class action of reps vs flexcom when it starts? ( like the Europe based class action thats ongoing?)

Watsco, since you've chosen to ingnore all of the many comments exposing the scam of Flexkom (such as none of the EU shops working, all of EU Flexkom sales reps quitting within a few monts after registration over the past year), I now consider you a scammer and will not treat you with that much respect anymore.

In the latest newsletter we get a pretty good explanation as to why the POS systems are ridiculously expensive.
http://media.flexkom.com/_stuff/1406...gust_enguk.pdf

From then on, he or she receives an additional “Sales Bonus”
of € 100 as a one-off commission for every terminal sold and
paid for.
This means additional income of about € 2,000 for just 20 new
POS terminals brokered a month.

Additionally, the direct sponsor will receive the 'Connection Bonus" re-ferred to in the last section. This is €50 for each POS terminal that is reg-istered within 30 days of its delivery

Similarly, the whole upline gains from these registred POS terminals by an additional payment of an extra CV of €50 per POS ter-minal. In this way, the upline gains a total CV of €200 per POS terminal registred within 30 days of delivery.

This shows that of each POS terminal sold, there is at least 350 euro's going to flexkom sales people directly. This shows yet agian that Flexkom does not care about the merchants at all. They just want to make a quick buck by selling a POS terminal and then the merchant can **** themselves. Pardon my French.

Even when confronted with the obvious facts that Flexkom will never ever work in favour of the merchants, ******* scammers like watsco just keep pretending how good they are by comparing the Flexkom scam with legitimate companies like Uber.

Watsco, just because you think your company is diffrent or new, does not make it justifiable to **** the merchants over for a few quick bucks.

Maybe now you understand, as normal and polite discussion does not seem to enter your tiny scammer brain.

Now go cry to mama or complain to other Flexkom people that i've used foul language against you and use that as an excuse to not having to reply to this discussion.

Originally Posted by freighttrain

They just want to make a quick buck by selling a POS terminal and then the merchant can **** themselves. Pardon my French.

Wouldn't that be "the merchant can go and le' **** themselves" in French ??

Originally Posted by freighttrain

I now consider you a scammer and will not treat you with that much respect anymore.

Exactly,

there's a vast difference between "ignorance" and "wilful ignorance" and "defiant willful ignorance"

Watsco long ago made the jump from "ignorance" to "defiant willful ignorance" thereby losing any right to be treated with civility or respect.

Originally Posted by watsco

Cant be done where I am since we have no stores yet.

What a surprise!

Originally Posted by watsco

But in a week or so I will post it for you to see.

I look forward to it. Please post videos for three or four stores. I'm sure those POS terminals will be selling like hot cakes.

Originally Posted by watsco

We just got the green light as seen on the video above with Volker all 52 states are go in USA as of today.

What? Are FlexKom legally registered in ALL 52 states?
I would imagine then that there must be some evidence for that out there somewhere in the world.
Please post some here if it does indeed exist.

Originally Posted by watsco

?...I provide ways to verify our legitimacy and all you and others on here do is put inflamatory words in a post and now posting people such as Russell Longcore comments who is in a competing (not really but in his mind) company with an agenda of recruiting FlexKom reps.,......

Agreed. Russell Longcore has the agenda of recruiting people into another SCAM run by serial scammers just like Flexkom. This is what this business NWM is all about. His info has been accurate albeit for insidious reasons.

Watsco, you answer everyone but me. Don't you have concerns about the histories of the people running this so called company? Way about the the top scammers who have jumped ship already like George Gasich?

watsco are you sure you are from the USA? The last time I checked, there were only 50 states not 52. And you call us ignorant.

Originally Posted by EagleOne

watsco are you sure you are from the USA? The last time I checked, there were only 50 states not 52. And you call us ignorant.

You're forgetting watsco is a Flexkon distributor, so you have to include the "State of Confusion" and the "State of Denial" which make up the additional states

Watsco - let me make clear to you what is already obvious to others. I am NOT trying to have a conversation with you. However, I am happy to debate with you (or anyone else) the flaws of the Flexkom broken model. Anytime.

Here is my prediction for Flexkom. I doubt they will be in business in the USA a year from now. Thousands of naive MLMers like yourself will be left wondering what happened while the rest of us will say "How did it last this long?"

WOW! E-BIZ $200 + K20 $13,340!!!!!!!!!!!!!!!!

So, they are paying less than $100 for each unit or about $2,000 MAX and reselling it to INVESTORS for $13,340!!!!! REALLY?

When a local merchant does a Google search for Flexkom, they will find this page and quickly learn the truth about Flexkom and their miserable track record here in the USA to date. It is now ONE FULL YEAR since Fkexkom launched in the USA and what do they have to show for the $ MILLIONS received? NOTHING. Watsco and other promoters have brought in hundreds of investors who paid $2,200 to be able to RECRUIT OTHER INVESTORS with the hope of receiving tens of thousands of dollars per month in micro commissions each month. ONE FULL YEAR LATER, they are receiving NOTHING!!!


THE FLEXKOM MODEL IS BROKEN!

Other merchant service providers give the POS UNIT to the merchants at no cost. They don't charge the sales reps either.

Good luck with trying to get a 600% markup in today's market Watsco!

More commentary from Longcore.
https://www.facebook.com/cashbackappsgeorgia


Cash Back Apps Georgia
2 hours ago
In light of the Friday FlexKomedy Volker webinar, let's look at the time-line of FK and what's happened since September 2013.

September 2013…the launch of FK America. The cost of becoming a Global Team Member was $2,200.00 and had no terminal in the deal.
December 2013…FKA announces the VIP position, which costs the GTM $790 to add one demo terminal.
February 2014…first Certification class, then the pilot projects in Chattanooga and Mobile were launched. Later certification classes held in Florida. Most everybody in the Certification classes STILL did not get a demo terminal, even though they had paid for one.
May 2014…FlexKom 2.0. Now you CANNOT join FKA without buying a terminal. And now the terminal price gets jacked up to $950.
June 2014…This writer breaks the story that FKA is NOT approved for business in 47 of 50 states, and only after the story breaks do FKA officials admit that it is true.
August 2014…FKA officials announce a new Ebiz Kit which is double the price of the old one. And they announce that they are live all over the USA, but reps STILL cannot place terminals anywhere the want.

And FlexKomedy's CORE BUSINESS…merchants doing Rewards transactions with their customers…languishes in America.

Here is a burning question for today: How long does it take for a merchant to recover his initial cost of $950 for a FKA terminal?

I contend that FKA's ridiculous pricing only exists to pay commissions to its sales people, while it creates a price barrier to the very businesses they allege to want to serve. So either no sale will be made, or the cost of the terminal will be borne by the FKA rep as he installs the terminal in that merchant's shop for free.

This posting shows a company that never thinks any beyond the end of their nose. Why would you follow a company like this?
Like · Comment
Flexkom Flexcom Light and Adam B. Jaffe like this.

Cash Back Apps Georgia
3 hours ago · Edited
Former FlexKomedy CEO Volker Wainig held a webinar on Friday that was touted as containing big announcements. Those that listened must have been pretty disappointed. Here is what he said…and what he did NOT say.
1. FlexKomedy is open all across the USA. However, Wainig offered no legitimate proof that FK has been approved in all 50 states. I guess the field force is simply supposed to take his word for it.
2. The nationwide rollout will follow the SAME "controlled strategy" as before, with FK reps only being allowed to place terminals in areas controlled by Regional Coordinators. So, if you live in an area that DOES NOT have a Regional Coordinator…too bad for you. And there are very few RCs sprinkled around the country…probably less than 20. Atlanta, with a metro area of 5.5 million, does not have ONE Regional Coordinator in it. There are two RCs that live south of town, but they don't count. They only count in Henry County.
3. Wainig DIDN'T SAY that FK has received the UL listing that prevented them from selling the POS5 terminal. Perhaps I missed that announcement.
4. The company has created a new "EBiz Kit." The OLD kit cost about $200. The new kit costs $399! And my understanding is that the new rep STILL has to buy a POS5 terminal for $950.00!!! So FlexKomedy jacked up the price once again!
5. Let's talk about their POS5 terminal. It's an Android tablet…nothing more. It costs them less than $75 to buy this tablet wholesale, and they charge their own sales reps $950 to buy it. Insanity.

So, to summarize…Flexkomedy sales reps get to pay hugely inflated prices for the privilege of representing the company and participating in the FK Compensation Plan. Buying a terminal is required to participate in the Comp Plan. If you will scroll down in this forum to the remarks I made on July 28th, you will see the definition of a Ponzi Scheme that the Federal Trade Commission uses to determine who they shut down. Here it is:

"The critical question for the FTC is whether the revenues that primarily support the commissions paid to all participants are generated from purchases of goods and services that are not simply incidental to the purchase of the right to participate in a money-making venture."

YOU read it and tell me how FlexKomedy is any different.