Topic: Polish-registered recyclix.com is a Ponzi scheme and provably so. - page 14. (Read 95492 times)

im recycling at home too. it doesnt mean i can compound my earnings 500% when the industry is having troubles due to low cost of oil

but no one is surprised that a ponzi lover & supporter like you support recyclix. its actually further proof that its a ponzi 

So videos where posted . People have visited the factories.  RECYCLING is happening . yet they are a ponzi scheme ?  because you read something that said they merge funds to pay other users ?
1. offices exist
2. factories exist

you mean cant type . you cant do writing on a forum .

The way the business allegedly works, is that you deposit money and buy actual waste in real time (which is completely infeasible by the way). They can't give themselves a right to use your money for any other purpose. That's illegal in every civilised country.

You could defend them and say they just used a poor wording in their T&Cs, but afaik they've already admitted that they pay referral commission instantly (don't wait for the 'cycle' to end), so it's evident misuse of 'investors' deposits.

No. Sorry, but you're wrong; there is absolutely no legit business that does this (do you have examples?). Actually it's illegal in a lot of countries (that's why you have to have "company accounts" and "client accounts"). Just implying you would do this makes you a Ponzi...

But I feel this is a minor point in the whole discussion... we basically agree that this is not a safe place to put your money.

Sorry, but "may use" is just a hint and not a proof, that they are using. And a lot of companies do the same from time to time without being ponzi. Just when the "business model" works mainly in this way, you have a ponzi.

Thread title amended, as requested.

What the desperate shills and fanbois keep ignoring all the while they gnash their teeth and wail about how it simply must be legit because . . .company stuff, is that Recyclix have repeatedly lied about major aspects to their operation.

First, we have the supposed McDonald's deal thrown in the memory hole recently and any questions posted on their facebook page about it deleted and, secondly, the very recycling plant they were pretending they were sub-contracted to McDonald's through denies doing any business with Recyclix at all.


In fact they are so pissed off with the situation they have had to post it on their own homepage:
http://www.plamika.lt/

Now, for all the truly stubborn shills and fanbois who keep bleating on that Recyclix is only a brand and therefore Plamika would have a contract with a different named company, why not try asking Recyclix yourself instead of throwing your toys out of the pram on this thread?

You might have difficulty getting an answer from them, though, they're too busy deleting posts pointing out Plamika's denial of the claimed partnership.


Now, wouldn't the correct response, if your desperate excuse about Reyclix having a contract with Plamika through a different company name were true, simply be for them to state such instead of frantically deleting any mention of it?

Besides from missing your second point (1, 3, 4...)  

Your forth point is wrong; the company is running a Ponzi scheme, they literally state so themselves...

Yes, totally different scenarios. And a great example of a seemingly legit business being run to camouflage a Ponzi Scheme.


So? Still no reason to shout. You can't write    , but still I stay polite towards you. Please behave civil.

All kidding aside; I actually like your point here: let's read (very important point indeed).


You see, I/we don't have to proof anything, we only have to read. This is basic research before anyone should invest their hard earned money in anything. And the company itself actually writes in their payment policy (accessed 20 July 2015, 09:32:25) they are a Ponzi scheme:


This is the very definition of a ponzi Scheme.

Further more; yes, any serious investor would want to read the "PROVE they [are] making profit off of recycling" as you say so eloquently. We would search for financial statements and the information on the principal/executive management to read. The failure if the company in providing this basic information is not even a red flag, it's a simple "no-go" for any serious investor.

So nothing to do with "our logic" or anything, just simple reading the facts that are provided (they run a Ponzi scheme), and not being able to read the needed information (on finance and principals).

1. what you are seeing? At open days you mean? There you just see a small factory, which deals with waste. Noone, even reCyclix by themself, tells, that it is a factory of reCyclix. They just speak about "partner factories" or similar. So when you run through this factories, what can you see? Is there any proof, that this is owned by recyclix, is the garbage owned by recyclix?

3. If there woud be some real names behind recyclix, why the lawyer of recyclix wasn't able to publish this names to the Italian goverment? Why they prefer to accept, that their business become illegal in Italy because of not naming the owners?

4. Of course there is nor a 100% proof, that recyclix is a ponzi, either it is not a ponzi. But the way of raising capital is too irrational for a serious business. It makes just sense, if you run a ponzi scheme. So for me it is nearly sure, that it is a ponzi.

Totally different scenarios .   Im shouting because you arent you people cant fucken read .  ARE THEY RECYCLING or not ?  till you prove to me otherwise . its a legit business . so far you so called complainers have been beating around the bush.   1.  we see recycling going on .  2. business offices are real .   3.  Names are behind the business as well .   so till you can PROVE they arent making profit off of recycling . which they are since a majority of their trash is FREE . come back with PROOF.    Using your logic all business are ponzis

1. Why are you shouting?

2. Madoff was also investing, but that was only a front for his Ponzi scheme...

ARE THEY RECYCLING ??   VIDEOS SHOW OTHERWISE . EXPLAIN

Yes, please do educate yourself on that subject. I really like it. In our example we pay 99,- EUR/Month per company and we get: an address at a nice office building where we can register our company, receive mail (we get a email to pick it up), a local telephone number, a secretary who picks up that phone and transfers it to the appropriate employee of ours (his mobile) or sends an email with the contact details and a gold card which allows the use of business lounges in any of the 3000+ offices in 120 countries (incl. WIFI and coffee/tea). There are cheaper solutions (but I liked the gold-card service), and there are more expensive solutions (like with a permanent desk, storage or even furnished office space but we don't need that). I like the "pay-for-what-you-use-concept"... For several reasons.

Maybe the owner/user of that building (closed cinema at that address) simply decided to rent the postbox/address as a virtual office to generate a bit of income. Can be legit (that renting thing).

Doesn't change the fact Recyclix (one of those renters) is a Ponzi scheme...  

PS don't forget Madoff had beautiful offices (I believe in Manhattan or Wall street/New York) but still ran a (65 billion, sic!) Ponzi scheme ("that is considered the largest financial fraud in U.S. history).

Well .. It looks like I'm a little behind with virtual solutions. I had to withdraw my objection and to educate in this subject.

Thing is, that address Solidarnosci 115 that closed cinema, and there is no offices.

I'm sorry. I'm certain Recyclix is a Ponzi.

But regarding this issue of the virtual address you're mistaken; we have several companies (in several EU countries) and all are registered at virtual offices (across the EU). And I can tell you that all our companies are 100% legit. This is quite normal practice actually. We don't want everyone to see our private address (for obvious reasons) and we don't need physical offices (providing services either on-line or at the premises of our clients). We get our post at the "virtual" office (this is a real building, with real people, just not our building), we have a "secretary" there who takes ours (and of several other companies too) phone-calls. I can even entertain guests there; if we have an appointment I just rent an office space by-the-hour and have a meeting there. All 100% legit, and all normal practice... You can think of it as Uber/Greenwheels/Airbnb for business, you only pay for what you use (quite efficient and environment-friendly if you think about it).

PS: BTW we use Regus, market leader in the world with over 3000 locations (in 120 countries) worldwide. My "gold-card" actually lets me work in the business "lounges" at all those offices... Right now I'm sitting in one, using their WIFI, drinking their coffee...

I know that virtual address is legal.

On the website is information "Contact us" - how? Through a virtual address? And you want to tell me that company with virtual (not existing) address is legit?

Look at Google Trends ( https://www.google.pl/trends/explore?date=today%2012-m&q=recyclix). They had a peak connected to Open Days and it still goes very well. They have harvest now and frankly it makes no sense they stop paying and scaring away potential victims. I admit that this scheme is very well organized and can last long, even 1-2 years more.

Urgh. You again, still desperately flailing at that keyboard in the hope that the sentences you produce will magically make the Ponzi scam known as Recyclix magically not be a ponzi scam.


:facepalm:

I did already point out to you when you last tried floating this irrelevance but, now please pay attention this time, if you look at the details of that payment you will see the label "Buyer email", yes?

Ok, now, do you understand what a payment you make to somebody through paypal, one in which *you* provide your email address as the 'Buyer' is? It means you are buying something and the money you are sending is the payment to the seller for the thing you are buying.

Still with me? I know you struggle to comprehend this complicated rocket science.

So, the person receiving this payment notification posted above, in which the payment they receive is sent from somebody marked as the 'Buyer', is, that's right, the fucking seller!

This means the transaction fee is not that which is due for a withdrawal, it is that which is due for a, in this case, cross-border sale of goods and/or services.

Yes! That's actually quite good advice!!! Please "use your brain"...

This company runs a Ponzi scheme. They actually clearly state so themselves.

If you don't know what a Ponzi Scheme is, please educate yourself.

If you still want to give them your money, please do so...

But don't come here (or anywhere else, for that matter) trying to convince other people to give you their money.