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Goliath grouper eating a black tip shark in one bite off the coast of Bonita Springs Florida. August 2014. This...
100,718 likes 65,738,839 views 10 years ago
Some Amazing Video Links: 5 Cases where Wild Animals saved Humans https://www.youtube.com/watch?v=jhneeCCBub4 5...
32,528 likes 51,597,621 views 17 years ago
For more utterly stupid clips please subscribe!
342,276 likes 44,612,049 views 9 years ago
Time to CATCH and RELEASE some SHARKS! ► Click HERE for crazy fishing VIDEOS! http://bit.ly/1Avn0qk ► Click HERE to...
35,332 likes 44,186,110 views 18 years ago
This 450 pound black marlin was caught off Cairns, Australia. After about 22 minutes it panicks and goes down deep,...
The "The Lowest Moment In Shark Tank History" video is part of the Shark videos category, which contains similar videos like this one.
10. comment for The Lowest Moment In Shark Tank History
20. comment for The Lowest Moment In Shark Tank History
Damn Hilas savage
30. comment for The Lowest Moment In Shark Tank History
30. January 2018/
In a 16-page decision, the Norwegian regulatory authority “Lotteri- og siftelsestilsynet” (publication by the Norwegian authority) has classified the companies Lyoness Norway AS and the “new variety” Lyconet as illegal pyramide schemes and snowball systems and has demanded that the companies cease all business activities within four weeks.
Should Lyoness Norway AS and Lyconet not comply with this request before the due date or not make a statement duly justifying their failure to comply, the companies might be closed ex officio and respective charges might be pressed.
The classification of Lyconet as an illegal pyramid scheme and snowball system coincides with the current proceedings involving Lyoness Europe AG. The parent company keeps claiming at public events and in the media that the company has “repositioned itself” and that “it has learned from its past mistakes”. However, Lyconet has already been classified as a snowball system by final court rulings in Switzerland. Judgement from the Canton of Zug (EV201642) of September 20, 2016. Quote: Lyconet is working with what they call “customer clouds”, meaning that payments are made which could be “multiplied” in the future through purchases in the respective countries. So, on the whole it is the same principle as the old Lyoness country packages and it is therefore a snowball system.
The Norwegian, German and Swiss authorities do not let themselves be fooled or deceived by Lyoness/Lyconet. Any interventions by the Lyoness General Counsel Dr. Reif and his “sorcerer’s apprentice” Mr. Zotter have ended at the Austrian border. The Austrian judiciary, which is clearly exhibiting “Nigerian patterns of behaviour”, should take the Norwegian objectivity as an example.
“No one should be surprised if Lyoness/Lyconet comments on the shut-down of the company in Norway that they had been planning a discontinuation of their business activities in Norway anyway.” (www.bekm.us)
So This is all speculation, I am a retired entrepreneur and currently an investor in startups and real estate (irrelevant, but for background) and I hear pitches like these ALL. THE. TIME. So off of experience and little knowledge of Lyoness, I will try to break it down using fake numbers. I would like to clarify, no this is not a scam, no this technically is not a Pyramid Scheme, it's Multi Level Marketing, but just because it's not a scam doesn't mean it's a good thing.
Lyoness will offer a compensation plan, it's probably very complicated and will take 20+ minutes to explain and you'll still be left with a lot of questions, this is intentional. It makes you think weeeelllll they offer this and this, once I spend x amount of money, how do they do that and how does it work- I dont know but they do it. It creates a shadowy area, the dark shit hides in the shadows.
Lyoness offers Memberships. They have the rewards members, free to join. And the premium members, cost between $100 and $5000 depending on what premium tier you want to be, but save that for later.
Lyoness has tiers. For their Rewards Members, you have one tier and thats it. but for Premium Members you have 10+ tiers resulting in higher cashback, rewards, or other incentives.
Lyoness has merchants. They require you to shop at these places, but these places won't be common because of the harsh conditions Lyoness requires.
Rewards Members: Basic and simple, you buy stuff at Lyoness Merchants and earn about 1% cashback. You spent $1000 at BadCompany Bros, LLC. you got $10 in your bank account! WOW right? no not really, because Lyoness charged these guys a total of 10% of their profit, meaning they took $100 of that $1000 and gave you $10... This Cycle goes on until you "qualify" for a Premium Member Card.
Premium Members: Must pay, to keep it simple, $500. Sucks right? No! /sarcasm. You can now earn a 5% cashback bonus eligible at $1000 spent, but this bonus can only be used on Lyoness purchases. So you spent $1000, you got $10, Lyoness got $90, and they're giving you $50 in a reward bonus, so Lyoness actually got $40 and you got $10 in your bank and $50 in points. You go spend this $50, you've now got $10.50 in your bank ($10 from earlier and $0.50 from additional cashback) and Lyoness has $44.50 in theirs ($40 from earlier and $4.50 from that 10% merchant charge). But wait theres more!!!! (lol MLM joke) you can recruit your helpless friends and family and you'll receive a bonus every time they use their card! Now you get .5% of all of their purchases, they get 1% and an extra .5% (as an extra incentive), ohhh but this is just in rewards cash so its only usable at Lyoness merchants.
So how can you "earn" your $500 Premium account deposit back? well you can spend a shit load of money and only earning cashback it'll take you spending $25,000 to get that $500 back in your bank. Or you can earn $500 in points after spending $10,000. Or you can earn a combination of the two after spending like $8000 ish or something. But you can speed these up by referring people. If you refer 10 people and you all spend $1000 with Lyoness, you earn $10 in cash, and $50 in rewards points just by yourself. You also got an additional $50 in rewards points from all of your friends. Your friends all earned $10 and $10 in rewards points. Meanwhile Lyoness pocketed $900 and will "give" you and your friends $200 in rewards (which later makes them money, and so on and so forth) so they have $700 in the bank thanks to you, add on your $500 deposit and bam you earned Lyoness $1,200 by spending $1000 in stores and $500 on a membership. Using this model it'd take you 5 years to earn your membership value back.
To earn higher quality rewards you have to deposit more money, sure it's a better value, but it'd take you much longer to earn back resulting in more money for Lyoness.
This whole time you're shopping at smaller companies that charge more, maybe they charge $5 for a gallon of milk and Target (where you could've been all along) charges $4. So how much money are you actually saving in this? None, in fact you're probably losing money even in rewards simply because of where you have to shop.
So is it a scam? No, they really are giving you everything they promised you. Is it a Pyramid Scheme? No, because you don't have to recruit people to get these rewards, but you kinda actually do.
as dragons den has been going on for years before shark tank
50. comment for The Lowest Moment In Shark Tank History
They never smoked on Podcast when they're in their recording room, and now on a live show with audience suddenly they think it's cool? What logic is that?
And yes dragons den is Canadian I would recommend it shark tanks good but I personally like it better
So it's definitely possible to create a pyramid scheme that is not illegal at all.
However, it's still an extremely stupid business structure for anybody to sign up under. It's not that bad if you're the guy who created it, but since most of them fail completely it's pretty rare for that guy to make money either. By the time one of these systems is well established as somewhat successful, it's pretty much at capacity and there is no way you're going to sign up the number of people you would need to sign up in order to generate enough sales to actually make some good money.
You'd be better off playing the lottery, honestly.
100. comment for The Lowest Moment In Shark Tank History
If you are going to be calling out people like the Paul's for doing stupid shit like tazing a dead rat, you shouldn't be smoking on stream...
Thanks Malone we get it
BIIITTTTTCOOOOONNNNNEEEEEEEEEEEEEEEEEECT
anyone with those shitty face tattoo's has no business criticizing anyone on fashion .. anyone give this moron a mirror before he goes on camera? i mean seriously he looks like the bitch boy that gives up his ass to the cell block so they dont beat the shit out of him ..
i like to eat bread,
he collar too big
for he got damn head.
ok
each smoak= 1 bad
wow u escalated that quickly. Misrable and negative much? Smdh...
"It was Canada!"
"It was the UK!"
"It was Japan!"
Guys, take out your phones. Access the camera app and put it on selfie mode. Proceed to take a deep look at yourself and ask, "WTF am I doing with my life?!"
Anyways, I personally enjoy the New Zealand version of this show, Kiwi Tank. If ya'll had your facts straight, you'd know THAT was the actual first show.
Japanese-Australian-UK-Canadian-USA
Or is it:
Japanese-UK-Australian-Canadian-USA
Or is it something completely different?
Sweat Level: 100%
For me
I can't I just can't
The show in general?
S W E A T S
That's the attractiveness of a pyramid scheme, they seem smart in theory, but there is a reason why they're illegal. They're basically fraud.
Usually the pyramid scheme goes like this: the organization convinces a person to invest their money with the promise that the person will receive a share of the profit taken from every additional member they recruit. Thus, the organization's leader really doesn't have to do much, the underlings do all the recruitment work for them, and most of the profits will go to them.
In order for the pyramid scheme to continue to make money for everyone who joins, though, it would have to keep growing. The man doing the pitch in this clip was at least right about something: the bottom eventually does fall out.
Let's say even if the leader of the organization was honest and did actually want to sell an honest product, the pyramid marketing design is not sustainable. They may start out profitable at first, but eventually, the bubble bursts. You can't sustain recruitment of new members forever. You can't keep them going. So mostly everybody loses except for the guys sitting high on top who got a nice chunk of the invested money from all the lower level grunts.
That's just the basic explanation pretty much, there's a little more to it, but that's a bare bones overview. Ponzi schemes are related, but do have a subtle difference from the pyramid. It's some interesting stuff, I suggest researching famous cases.
Yeah, that shit's just good tv.
ITS A CIRCULAR SHAPED PYRAMID SCHEME! Hahahahaa
“The Beaver’s Lodge”
It got thrown into the Shark Tank, you know, the one that resides in the Dragon's Den.
Also made evident by the r/woosh comment
FUCKING GOD
Just give him an ashtray next time please.
Also, I'm not a kid and I'm not rich, so if you would like to explain how you got that from what I wrote, feel free to.
LMAAOOOO XDDDDDDDDDD GET R3KT 21 21 21 21 21 DEEEEEEZ NUUUUUUUUUUTTSS
Lyoness will offer a compensation plan, it's probably very complicated and will take 20+ minutes to explain and you'll still be left with a lot of questions, this is intentional. It makes you think weeeelllll they offer this and this, once I spend x amount of money, how do they do that and how does it work- I dont know but they do it. It creates a shadowy area, the dark shit hides in the shadows.
Lyoness offers Memberships. They have the rewards members, free to join. And the premium members, cost between $100 and $5000 depending on what premium tier you want to be, but save that for later.
Lyoness has tiers. For their Rewards Members, you have one tier and thats it. but for Premium Members you have 10+ tiers resulting in higher cashback, rewards, or other incentives.
Lyoness has merchants. They require you to shop at these places, but these places won't be common because of the harsh conditions Lyoness requires.
Rewards Members: Basic and simple, you buy stuff at Lyoness Merchants and earn about 1% cashback. You spent $1000 at BadCompany Bros, LLC. you got $10 in your bank account! WOW right? no not really, because Lyoness charged these guys a total of 10% of their profit, meaning they took $100 of that $1000 and gave you $10... This Cycle goes on until you "qualify" for a Premium Member Card.
Premium Members: Must pay, to keep it simple, $500. Sucks right? No! /sarcasm. You can now earn a 5% cashback bonus eligible at $1000 spent, but this bonus can only be used on Lyoness purchases. So you spent $1000, you got $10, Lyoness got $90, and they're giving you $50 in a reward bonus, so Lyoness actually got $40 and you got $10 in your bank and $50 in points. You go spend this $50, you've now got $10.50 in your bank ($10 from earlier and $0.50 from additional cashback) and Lyoness has $44.50 in theirs ($40 from earlier and $4.50 from that 10% merchant charge). But wait theres more!!!! (lol MLM joke) you can recruit your helpless friends and family and you'll receive a bonus every time they use their card! Now you get .5% of all of their purchases, they get 1% and an extra .5% (as an extra incentive), ohhh but this is just in rewards cash so its only usable at Lyoness merchants.
So how can you "earn" your $500 Premium account deposit back? well you can spend a shit load of money and only earning cashback it'll take you spending $25,000 to get that $500 back in your bank. Or you can earn $500 in points after spending $10,000. Or you can earn a combination of the two after spending like $8000 ish or something. But you can speed these up by referring people. If you refer 10 people and you all spend $1000 with Lyoness, you earn $10 in cash, and $50 in rewards points just by yourself. You also got an additional $50 in rewards points from all of your friends. Your friends all earned $10 and $10 in rewards points. Meanwhile Lyoness pocketed $900 and will "give" you and your friends $200 in rewards (which later makes them money, and so on and so forth) so they have $700 in the bank thanks to you, add on your $500 deposit and bam you earned Lyoness $1,200 by spending $1000 in stores and $500 on a membership. Using this model it'd take you 5 years to earn your membership value back.
To earn higher quality rewards you have to deposit more money, sure it's a better value, but it'd take you much longer to earn back resulting in more money for Lyoness.
This whole time you're shopping at smaller companies that charge more, maybe they charge $5 for a gallon of milk and Target (where you could've been all along) charges $4. So how much money are you actually saving in this? None, in fact you're probably losing money even in rewards simply because of where you have to shop.
So is it a scam? No, they really are giving you everything they promised you. Is it a Pyramid Scheme? No, because you don't have to recruit people to get these rewards, but you kinda actually do.
And investing makes no sense, since the business claims that they get their money directly from supermarkets, so it doesnt make sense for other people to invest.
People that do invest however have to give the business their own money, and the only way that they get their money back is if they get other people to invest in them, and those people only get money if they get other people to invest in them aswell, and so on and so, the cycle continues and the person at the bottom get screwed over until they put someone else at the bottom.
It should explain it.
Concert tickets are extremely expensive today because greedy people have injected themselves in the middle of the profit stream, jacked up prices and then sell to people at insane markups. This guy is basically trying to inject himself in the profits of retail stores while giving a fraction of the money to the people doing all the work.
It's a horrible idea.
I mean, it doesn't really matter, but we so rarely have anything that's popular even IN Canada, that the least you could do is give credit!
You got the Terrifying Presence perk didn’t you?
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Register for free.
You can register - for free.
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2nd: Telling one of the Dragons to basically shut the fuck up
3rd: Business package