Zeek is a famous company which allows people from all over the world to earn money by buying bids from a penny auction website. Pitifully, it was shut down by the Amercian government about 4 months ago, being accused as the biggest Ponzi scheme of this century.
However, i still think that Zeek is a wonderful attempt. Just as the proverb says, "failure is the mother of success"! I believe the cause of failure in Zeek is that the boss couldn't design a perfect system, Some Zeek members in the higher levels can earn a lot of money too quickly. If Zeek's system could have controlled the big earners, I am sure that Zeek would have been a winner.
I regret that I have don't have the ability to explain these things, it's just my instinct. These past days I find myself thinking about why Zeek failed, why I failed and lost money.  Is it only the fault of American SEC?

In the beginning, the reason i believed in Zeek was only because of my American sponsor. Since I admire Americans so much, I felt it was a great honor to make friends with an American. When he took the initiative to invite me to register for free in his Zeek referral link repeatedly, I felt I couldn't refuse him. Later, he continued to post an ad for Zeek every day in my Zeek account ( according to the Zeek company's rule, we members must post an ad to promote the zeek auction website in order to be qualified to earn the daily commissions) and even offered me 50 dollars so I could buy 50 bids to begin to earn real money in Zeek. I was so moved and happy. I admit, I wanted to gain his international friendship more than earning money via Zeek because I value an American's friendship so much.
Unfortunately, we were all ignorant. We're all not the good investors. We all lack of the common knowledge about finance theory. What's more, all programs are written in English, I have no chance to really understand the content and essence of those programs online in English at all. I only feel SO honored to have an American sponsor, to own the love and friendship from an American. So naive, so funny!
A few days ago, I found a Singapore company named SMI again, This time I got the chance to learn the detailed information about it in a Chinese version via a video. Suddenly I understood how to tell which programs are trustworthy and reasonable. For the first time I can't help admiring the wisdom of that Singapore Chinese founder of the SMI program, It's also the first time that I am proud of being Chinese!

I felt rather surprised that such a perfect and advanced system has unexpectedly been created from a Singapore Chinese who speaks the same Chinese as me just 5 years ago. I still remember clearly that at that time, my American Zeek sponsor told me that Zeek was the only legal, trustworthy and reasonable program online in the world today. (He believed in Zeek so much that he lost 4000 dollars due to buying Zeek auction bids. I think it must be the most failing experience in his life.) Oh, yeah, my god, I felt so fresh about this kind of new business model-- penny auction online. Many times, I opened the Zeek auction website to click the products, such as Ipads, jewerly, etc one by one, and keeping an eye on how the auction price changed with great interest. You know, the products in Zeek had just been bidded by the people online from all over the world at the same time! I was too marveled at the business talent and creative mind of the western people! Just to imagine what a wonderful profit Zeek can get from penny auctions! Zeek can always have plenty money to pay its members! But now I realize that 5 years ago that Singapore company--SMI had covered penny auctions online. and its unique business system is more complete, more strict and scientific! a perfect combination of stocks and MLM, as well as the "notorious" HYIPs!     I was just so surprised! I also remember clearly that 5 years ago, a Chinese webfriend had mentioned SMI to me, trying her best to persuade me to join it. Pitifully, I didn't believe her at all, I didn't believe that we can earn a lot of money via buying "gaming beans" with SMI online, It sounded just like a ridiculous dream. As a result, I missed a chance to earn good money in it, just like I missed BB -- a wonderful bannersbroker program when it began 2 years ago.

Oh, our life is full of odd things!
Although Zeek is still in the thick of lawsuits, I don't know the final result will be. I have a premonition that it's impossible for Zeek to come back again and i'll lose my 300 dollar of auction bids in Zeek forever.
Of course, it can't be denied that Zeek is still a great pioneer. It has spread all over the world within 2 years! When Zeek was charged with the biggest ponzi scheme by American SEC, Zeek members from all over the world, including me, signed a petition online to the American white house, to the president Obama. Oh, just like a vigorous revolutionary movement! At that time, we really believed that Zeek was innocent, otherwise, it couldn't deceive so many intelligent and successful people such as scholars and college professors. We should defend the fruits of Zeek together! Now it seems I have an insight into some truth. Why does Zeek's boss keep silent all this time after the American SEC froze 1.5 billion dollars from Zeek? It fills me full of doubts and suspicious.
Even after this, I don't regret joining Zeek. On the contrary, I have learned some of valuable knowledge and lessons from it. It's said that recently in China, a company named Hongtong which was created by an American Chinese was also shut down by the Chinese government as a ponzi scheme. It's also like Zeek, having lasted for more than 2 years. It's also said that its members earn too much money too quickly,too, so it's inevitable to collapse. But its system is just like that of the Singapore program --SMI. Why is it that they look the same in appearance, yet the results are so different? SMI has lasted for more than 5 years now. It's REALLY a good topic to think about and talk and share for us all! No matter what happened, I believe that the boss of Hongtong is not a scammer. In fact, just the opposite, It's said that he was a wealthy American Chinese from the American high society before, I have seen his group photo with the president Obama,too. My opinion is that he just failed to control the increasing scale of his program--Hongtong like the boss of Zeek.  I think it must be something similar to the stock market bubble bursting!  Don't forget,  the Founder of SMI--Mr. Huang Yan Qing has ever emphasised that the subtle "San jin San chu" (Sorry, I fail to find the proper english expression to translate it.) is just the successful key/Soul of SMI business. All in all, it's a kind of policy of containment/limitation in my view. 
    It reminds me that in China, there's a Basic national policy--Birth control-- every family can have no more than 2 children. It's well-known that Chinese like giving birth to children very much. so without birth control--reducing the people birth rate, there would be a much larger population now in China. Obviously, China will not support too many people!  Referring to the "birth control", the Nobel prize winner in literature --Mo Yan in 2012, who is also the first and only Chinese from Chinese mainland to obtain Nobel prize in literature especially wrote a famous book named "Frog" to describe  this issue profoundly. 

So my advise is Zeek should adopt the "birth control" policy, limiting the big earners and extending the cycle of getting commissions of big earners, then Zeek's business model will really be a great invention written in our history textbook in the future!   and We can proudly claim that the business model of Zeek   is unique, innovative. For the history of his life,  Paul Burks--the boss of zeek is more a humanist than a great businessman, because he always sought to build businesses that were developed by people who had no skills in sales and recruiting. Zeek is the realization of that dream, a real opportunity for all!