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

Originally Posted by freighttrain

German here.

He's telling that Flexkom paid him to use Flexkom and make this video. Also see the list of sponsors (eg. the companys that pay Koralpe) Partner/Sponsoren - Koralpe

Also note the ridiculus position of the POS. After each beer orderd, the bartender has to walk around the bar in order to get the customer to use the Flexkom app. Luckily the POS was only placed there to make a promotion video. If you'd actually go there now, there is no POS to be found there. They do not actually use Flexkom.

Don't believe me? This is their facebook, go and try to find anyting about Flexkom there. Surely, if they'd really be using Flexkom, they'd tell all about it on their facebook page, right?
https://www.facebook.com/koralpenskilifte

And now awnser my questions, you scammer.

Also i noticed that the thing is not even fixed, and the guy had to hold it with a second hand on every keytouch not to knock it off, and wire from it goes like it was just plugged and somehow goes over the top.
Now tell me are all germans so polite and can behave themselves in bars so a piece of electronic can just be standing on a bar, not fixed at all, not be protected from theft or some drunk accident ? :)


I also call - STAGED

PS: also funny part you can see a barman unplugging it at the last second of the scene

Ohh, where all those FlexCon AdBanners gone on February 13? :
flexkon_gone.jpg

Originally Posted by NikSam

Now tell me are all germans so polite and can behave themselves in bars so a piece of electronic can just be standing on a bar, not fixed at all, not be protected from theft or some drunk accident ? :)

Actually, this place is in Austria, but nonetheless. Should the video be real (which it is not) then a drunk guest could easily award himself with a million FlexMoneys if the bartender looks the other way. If only the drunk guest had a place to spend all his newly accumulated wealth.

Ok, that video was done exactly on December 18, they came, put the banners around bar, took pictures, etc..

Took banners and left :) on the same day.

flexkon_gone2.jpg

Watsco said, "What I heard was they registered 400 customers in the first week."

QUESTION: Who told you that they registered 400 customers in the first week? There is no Flexkom sign in sight today and nothing on their Social Media Facebook Business Fan Page
about Flexkom either. Why?

Watsco - it is time for YOU to do some due diligence YOURSELF. We have provided you with enough information to at least QUESTION most of what you are being told.
You need to take responsibility TODAY. If you are asking friends and relatives to INVEST $2,200 - - doesn't it make sense to you to DO YOUR OWN investigation?

You WILL NOT (or cannot) VERIFY anything you are posting as FACTS.

A (MLM) Skeptic: Scam Absurdities: Ian Driscoll of BannersBroker ponzi now pushing FlexKom. Leopard Still Can't Change His Spots.

Informative post about Ian Driscoll, one of the promoters of the Scam and Pyramid scheme Banners Broker was picked to be the UK Country Manager for Flexkom.

Originally Posted by NikSam

Also i noticed that the thing is not even fixed, and the guy had to hold it with a second hand on every keytouch not to knock it off, and wire from it goes like it was just plugged and somehow goes over the top.
Now tell me are all germans so polite and can behave themselves in bars so a piece of electronic can just be standing on a bar, not fixed at all, not be protected from theft or some drunk accident ? :)


I also call - STAGED

PS: also funny part you can see a barman unplugging it at the last second of the scene

Ohh, where all those FlexCon AdBanners gone on February 13? :
flexkon_gone.jpg

If you look at this page on their website you will find the FlexKom info. App - Koralpe

You will also find a link at the top of the home page with the word app that leads to the above mentioned page along with one of the images on the slider promoting FlexKom.

Koralpe - www.koralpe.com

This would indicate to most people that the Ski resort is currently involved with FlexKom.

The idea that they are sponsored is not accurate. They have an account with FlexKom. And if anyone scans the QR code on the site they will be recruited by them to FlexKom through the QR code. they would have to be a registered merchant to have that capacity. If you scan the QR code on the page it will take you to the sign up page

FlexKom

If you fill out the form it will generate a pin code that will link you up with the resort. And when you shop they make a commission. The pin code however wont go to numbers in USA for now.

It's not hard for me to imagine they signed 400 people the first few days since the sign up is free and they offer cash back on the APP so why not especially the younger generation. The kids today love this stuff.

To some people this would be an indication FlexKom is actually real. The terminal on the video communicates with the app. The QR code on the site leads to the sign up page. The money shows up on the app after the scanning takes place. These are all pretty good indications to notice and put in a plus category.

I also would check out these below sources to try to find if there are any real issues or any official complaints against FlexKom. I think these places have a pretty good understanding of the law and what companies are doing.

I don't think it's realistic to think a company would be able to operate freely if these arguments had any substance. Maybe they could for short while but after 4 1/2 years I think it would catch up to them. So my verdict is and has been this is for real and will be a major success.

USA Official Government Websites

• FBI Fraud Watch FBI — Common Fraud Schemes

• National Consumer League Fraud.org - Home

• Federal Trade Commission USA Federal Trade Commission | Protecting America's Consumers

• Federal Trade Commission Scam & Fraud Alert Consumer Information | Federal Trade Commission

• Better Business Bureau Better Business Bureau: Start With Trust®

• National Consumers League of America Latest News

• USA.Gov Internet fraud http://www.usa.gov/Citizen/Topics/Int...

In addition to these websites, you should contact the Attorney General in the US State in which you live. Also look for a State Department of Consumer Affairs.

Watsco - I DO NOT believe that FlexKom is a scam. However, I DO BELIEVE the people running the company are inept. I also believe the MODEL is flawed and have pointed out my concerns many times to you on this site. To date, you have not responded to ONE of them.

The company has collected $100 Million Plus over the past 4 years and has little or no results in terms of customers.

Why is that?

The Model if Broken and cannot be fixed. Would you care to debate me on this matter?

image.jpg

This is the FCC ID number on the new POS 4S Terminals and is a photo of my personal terminal.

Ripoff Report | FlexKom Complaint Review Nationwide: 1096436

The US government does not respond to every scam that recruits in a few thousand people into an illegal pyramid scheme. It took them almost 2 years to shut down Zeekler. Is Flexkom an illegal pyramid scheme? I am not an MLM attorney nor do I have enough information to even venture a guess. However, there are literally hundreds upon hundreds of individuals who have gone on record to post their opinions and for the most part.....they are not favorable to Flexkom.

Listed above is one such post on the RipOffReport.com

@FlexkomGAUSA,
Thanks for posting the image of the FCC code. I am not sure what the big deal was about either the FCC code or even the price Flexkom is charging for their kiosk.

The problem with Flexkom is their Model is Broken. That is why they keep trying to "re-invent" themselves as they go from country to country, each time with little or no success.

Well, the Company Claims success and for them.....in the short term, it probably is success. If they have pocketed $100 million dollars in UP FRONT INVESTMENTS from their franchise holders
already, some would call that success.

However, I am referring to the success of the Business Model and that of their Platform.

Would you care to talk about that point? If so, how about checking my posts and feel free to respond. Thanks.

Originally Posted by FlexKomGAUSA

...

Can you please upload this image to FlexKom site, and post a link so i can verify you not just some idiot who is trying to impersonate FlexCom (just to damage them) ?

There is absolutely no doubt that FlexKom has had its share of negativity. Some of it warranted and some not. The majority of the negativity resulted from the company switching platforms from a card based system to the app based system currently being launched. It took a long time to develop the new platform. In many of the early Brand Managers minds I guess it took to long. I certainly cannot blame anyone for having negative feelings regarding the early market rollouts of FlexKom. However, I am involved because of the future of FlexKom, not the past.

I am the State Manager for FlexKom, Georgia in the United States. I have personally set 4 terminals in the USA, in real merchants that are being used as pilot stores prior to our first market launch in the USA set for the greater Chattanooga, TN area. Anyone who has dealt in technology knows a real world trial is required prior to a full market launch. This trial will last for a few weeks. The excitement in our market from merchants is absolutely incredible. Note I said merchants and not Brand Managers. Of course, all Brand Mangers get excited about their future in any opportunity. That's a given.

I hope that this is a legitimate forum for debate regarding various opportunities that come along. I would be happy to give updates and progress of FlexKom in the USA if that is what is desired here. I am not a lifelong MLM guy. In fact, I'm not an MLM guy at all. I come from traditional business and honestly debated heavily on whether or not to even post on this site. It reminds me of calling into the radio station and arguing with the host, he who pushes the buttons controls the outcome. But regardless, I thought I would reach out and see what happens.

I'm 100% confident that FlexKom is not a Scam. Whether or not it will be as successful as I hope it will be, or excited global brand managers pitch it as being, will be determined by market forces. Those include market penetration, adoption rates, brand recognition, etc. Again, I would be happy to share that information and periodically update those who have legitimate questions or concerns if that would be helpful.

I think we would all agree that success of FlexKom will be determined by the acceptance of the current product in the marketplace. As stated below, we are now placing terminals in the US market so time will tell. I personally love the model and see a huge opportunity in it. I also know there are many who have their doubts. Let's just see how the market responds. In the end, that's all that matters anyway.

Originally Posted by FlexKomGAUSA

I think we would all agree that success of FlexKom will be determined by the acceptance of the current product in the marketplace. As stated below, we are now placing terminals in the US market so time will tell. I personally love the model and see a huge opportunity in it. I also know there are many who have their doubts. Let's just see how the market responds. In the end, that's all that matters anyway.

So how about uploading this image to a FlexCom site, because back of your terminal does not look as a back i saw
so why you trying to fake it ?

Originally Posted by NikSam

Can you please upload this image to FlexKom site, and post a link so i can verify you not just some idiot who is trying to impersonate FlexCom (just to damage them) ?

Definitely not an idoit. However, I don't manage the corporate site so I can't upload it.

Originally Posted by NikSam

So how about uploading this image to a FlexCom site, because back of your terminal does not look as a back i saw
so why you trying to fake it ?

I'll upload some additional pictures tomorrow when I get back to my office. This is the latest terminal that we are launching in the United States and globally from now on. Unless you are a FK rep and attended the market training in Chattanooga, TN, you have not seen this POS 4S terminal.

Originally Posted by FlexKomGAUSA

I'll upload some additional pictures tomorrow when I get back to my office. This is the latest terminal that we are launching in the United States and globally from now on. Unless you are a FK rep and attended the market training in Chattanooga, TN, you have not seen this POS 4S terminal.

really ? i did not see it? but you sold thousands on those in US (according to your pimps) :)

Ok, so if I Ask CE number you will stick another sticker on it?

And if i ask other things like IMEI / MAC you gonna keep printing stickers ? :)

Originally Posted by FlexKomGAUSA

I come from traditional business and honestly debated heavily on whether or not to even post on this site. It reminds me of calling into the radio station and arguing with the host, he who pushes the buttons controls the outcome. But regardless, I thought I would reach out and see what happens.

Welcome to the thread, certainly would love to see some real business answers to the questions that have been posed over the past 500 posts. Unlike the typical MLM/HYIP message boards have never seen anyone censored or banned for having a dissenting opinion.

That said, even if the technology is 100% what they say it is or will be, I see this as a recruiting scam that has and will continue to take in far more "Brand Managers" than the market warrants. This has not changed since Turkey, so at some level we need to dwell on the past, since it is a spitting image of the present. Still would relish a good discussion about it, perhaps more solid information would push my mind in the other direction.

Originally Posted by FlexKomGAUSA

I am the State Manager for FlexKom, Georgia in the United States. I have personally set 4 terminals in the USA, in real merchants that are being used as pilot stores prior to our first market launch in the USA set for the greater Chattanooga, TN area. Anyone who has dealt in technology knows a real world trial is required prior to a full market launch.

Not to kick up a storm right from the get go, but the underlined sentence is not very convincing. Anyone who has dealt with technology in the real world knows a company does not need to recruit 1000, 2000 or more" BMs" at $2,000 a head before they give the thing a spin. If you had come 6 months ago as an Advance Man, as the only person in the States, or the only person in GA and placed four units as a test I would concur with your statement.

I sincerely hope you stick around and provide solid, verifiable information. How many BM slots have been sold in the US, how many in GA, and TN? What is the maximum number of BM positions in Chattanooga? How is the roll-out to be orchestrated, and can you post a link with some meaningful stats as the stores come online?

NikSam - why the attitude with FlexKomGAUSA? He just posted a picture of the unit and the FCC ID is there in plain view. How about a little respect here.
Plus, you called the picture of the Ski Resort "staged" and we later found out the merchant has a link to their site for the App.

You owe someone an apology. That is how it works. If you are wrong, no big deal.....just admit it.

I believe Flexkom has little or no change in the US market based on their flawed business model. However, I truly believe MOST of their distributors/franchise holders/investors are basically honest people and believe Flexkom will eventually get their act together. However, some of them have so much invested (their time and money, their friends' money, their credibility, commissions/bonuses/overrides already earned which will possibly get CLAWED BACK if this company turns out to be a scam) that they are working hard to try and salvage some dignity.

Some of them are just naive in terms of how business actually works. Or, they have bought into the current buzz about mobile loyalty programs and believe the Flexkom model will work. I do not and would be happy to debate any Flexkom distributor on the merits/flaws of their system and platform.

Respect ? the picture he did specifically for my request,
Devices being distributed did not have that - a violation.

Now he says they only planning in future to distribute it ?

And read Private message from me, i explained it.


You can belive whatever you want but you talking to a scammer.

About pictures staged ? i nevers said picture was staged, i said banners are no longer there..
"Staged" i said was on video, and i described why exactly, so if it was just a first introduction of that barman to a FlexCom, it might be an explanation why things so not organized and shot on the spot.
anyway at that point i would still insist it is staged - all of that was done specifically for that video and not used on day by day before that.

400 hundred registered in 1 week at that bar ? i believe even if you gonna be giving out free coupons in a huge retirement house you would not find 100 who would want them :)

Now put 1 and 1 together, people with smart phones and coupons (electric version) those 2 do not come hand-in-hand to get 400 in entire city.
Only if you recruit them into a pyramid of a sort.

Originally Posted by MLM Broken Model

NikSam - why the attitude with FlexKomGAUSA? He just posted a picture of the unit and the FCC ID is there in plain view. How about a little respect here.

There must be a language barrier or something going on here. The POS 4S devices have never been distributed to date, so you couldn't have seen it.

I'm here for constructive information, positive and negative, regarding FlexKom. Please keep it that way. Thanks.

FlexkomGAUSA
I put this question to Watsco and he would not (or could and didn't want to admit it) answer it truthfully.

I found this information posted on another board. I would appreciate your response.

As you know, when Flexkom launched in the USA back in August 2013, they used their story of the "incredible success in Turkey and Europe" as an example of what could be expected to happen in the USA.
In fact, this information is still available for viewing on Youtube for all to see and confirm.
Some of this success included:
* 4.5 million customers
* 13,500 merchants
* some merchants earning tens of thousands of dollars each month from shopping being done throughout the Flexkom network
* Distributors earning hundred of thousands of Euros each month on the actual sales at these merchants
* The company issued thousands of refunds in Turkey
* The Country Manager in France quit
* The customer needs a Smartphone in order to use the New and Improved FlexKom Loyalty Platform
* The New and Improved FlexKom Loyalty Platform does NOT allow the Merchant to communicate with their customers via SMS text message
* The merchant must PAY FLEXKOM 100% of whatever they offer their customers in terms of FlexMoney. Example: A family of four has dinner at a nice restaurant and the bill comes to $150. In order to offer their customers a typical 10% discount of $15 (FlexMoney), the merchant has to pay FlexKom an additional $15. If the Merchant has 100 similar transactions this month - they will have to give their Customers $1500 in discounts AND............................................... ............................THEY MUST PAY FLEXKOM AN ADDITIONAL $1500 for the use of their system. From this ADDITIONAL $1,500 COST, Flexkom will pay their distributors multiple levels in overrides, pay the person (or merchant) who signed up that customer a commission, pay FlexKom.
The complaint I have heard from the Europeans about the Flexkom model is that from the merchants point of view, any money they earn from their customers shopping elsewhere within the Flexkom network is reduced by what they pay Flexkom. So basically, the model has merchants exchanging THAT FEE between THEMSELVES and actually never make any money from the model. HOWEVER, Flexkom is telling their USA distributors that European Merchants are earning tens of thousands of dollars per month. Can you list ONE merchant out of the 13,500 that are already signed up (this was based on numbers listed in early 2013......should be higher now) that are earning substantial commission from purchases within the network by THEIR customers.

And, of the items listed above, which ones are TRUE and which ones are FALSE?

I hope you will address these issues and put some of these "rumors" to rest. Thanks.

@ NikSam
This is a "cut and paste" from your post above:

I also call - STAGED

PS: also funny part you can see a barman unplugging it at the last second of the scene

Originally Posted by MLM Broken Model

FlexkomGAUSA
I put this question to Watsco and he would not (or could and didn't want to admit it) answer it truthfully.

I found this information posted on another board. I would appreciate your response.

As you know, when Flexkom launched in the USA back in August 2013, they used their story of the "incredible success in Turkey and Europe" as an example of what could be expected to happen in the USA.
In fact, this information is still available for viewing on Youtube for all to see and confirm.
Some of this success included:
* 4.5 million customers
* 13,500 merchants
* some merchants earning tens of thousands of dollars each month from shopping being done throughout the Flexkom network
* Distributors earning hundred of thousands of Euros each month on the actual sales at these merchants
* The company issued thousands of refunds in Turkey
* The Country Manager in France quit
* The customer needs a Smartphone in order to use the New and Improved FlexKom Loyalty Platform
* The New and Improved FlexKom Loyalty Platform does NOT allow the Merchant to communicate with their customers via SMS text message
* The merchant must PAY FLEXKOM 100% of whatever they offer their customers in terms of FlexMoney. Example: A family of four has dinner at a nice restaurant and the bill comes to $150. In order to offer their customers a typical 10% discount of $15 (FlexMoney), the merchant has to pay FlexKom an additional $15. If the Merchant has 100 similar transactions this month - they will have to give their Customers $1500 in discounts AND............................................... ............................THEY MUST PAY FLEXKOM AN ADDITIONAL $1500 for the use of their system. From this ADDITIONAL $1,500 COST, Flexkom will pay their distributors multiple levels in overrides, pay the person (or merchant) who signed up that customer a commission, pay FlexKom.
The complaint I have heard from the Europeans about the Flexkom model is that from the merchants point of view, any money they earn from their customers shopping elsewhere within the Flexkom network is reduced by what they pay Flexkom. So basically, the model has merchants exchanging THAT FEE between THEMSELVES and actually never make any money from the model. HOWEVER, Flexkom is telling their USA distributors that European Merchants are earning tens of thousands of dollars per month. Can you list ONE merchant out of the 13,500 that are already signed up (this was based on numbers listed in early 2013......should be higher now) that are earning substantial commission from purchases within the network by THEIR customers.

And, of the items listed above, which ones are TRUE and which ones are FALSE?

I hope you will address these issues and put some of these "rumors" to rest. Thanks.

It's one thing if I want to give a customer a break, I certainly am not about to pay some nobodies money to do it.

Originally Posted by ribshaw

Welcome to the thread, certainly would love to see some real business answers to the questions that have been posed over the past 500 posts. Unlike the typical MLM/HYIP message boards have never seen anyone censored or banned for having a dissenting opinion.

That said, even if the technology is 100% what they say it is or will be, I see this as a recruiting scam that has and will continue to take in far more "Brand Managers" than the market warrants. This has not changed since Turkey, so at some level we need to dwell on the past, since it is a spitting image of the present. Still would relish a good discussion about it, perhaps more solid information would push my mind in the other direction.



Not to kick up a storm right from the get go, but the underlined sentence is not very convincing. Anyone who has dealt with technology in the real world knows a company does not need to recruit 1000, 2000 or more" BMs" at $2,000 a head before they give the thing a spin. If you had come 6 months ago as an Advance Man, as the only person in the States, or the only person in GA and placed four units as a test I would concur with your statement.

I sincerely hope you stick around and provide solid, verifiable information. How many BM slots have been sold in the US, how many in GA, and TN? What is the maximum number of BM positions in Chattanooga? How is the roll-out to be orchestrated, and can you post a link with some meaningful stats as the stores come online?

Thanks for the welcome. As long as things remain civil I would love to stick around. I can't speak to BM totals in the US right now because that has not been shared with me. But in the Greater Chattanooga market (includes NW Georgia) which encompasses approximately 600k in population, we have 55 to 60 trained and certified reps. These are reps that will sell the product to merchants in the very near future. At the present time, we are using a 1 in 10,000 ratio for BM's to population. So far that seems to be working out. We have in fact closed the Greater Chattanooga market to new BM's that can sell to merchants. Personally for me, this was a very appealing part of the model. It should allow profitability for the BM's that chose to participate. People can still join Flexkom in our market and build teams in other markets that have not yet reached the density level we feel we need to cover the merchants. However, if you understand the model the only real opportunity is in a successful merchant rollout. In fact, we no longer hold opportunity meetings in this market for recruiting new BM's. From that standpoint we have converted to more of a Direct Sales model and away from the MLM type structure in this market. Thanks Again.