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	<title>PONZI SCHEME ALERT - News, Updates, and Warnings &#187; Mr. Ryz</title>
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	<link>http://ponzischemealert.com/blog</link>
	<description>Don&#039;t fall victim to a Ponzi Scheme.  Educate yourself to protect yourself!</description>
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		<title>Oceanside Network &#8211; Interview With President Broker Jones Of The Oceanside Network Company, Legitimate &amp; Ethical Contender Of The Standard 21st Century Internet Scam or NOT?</title>
		<link>http://ponzischemealert.com/blog/oceanside-network-interview-with-president-broker-jones-of-the-oceanside-network-company-legitimate-ethical-contender-of-the-standard-21st-century-internet-scam-or-not</link>
		<comments>http://ponzischemealert.com/blog/oceanside-network-interview-with-president-broker-jones-of-the-oceanside-network-company-legitimate-ethical-contender-of-the-standard-21st-century-internet-scam-or-not#comments</comments>
		<pubDate>Sat, 26 Sep 2009 03:03:30 +0000</pubDate>
		<dc:creator>Mr. Ryz</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Broker Jones]]></category>
		<category><![CDATA[Kumar Singh]]></category>
		<category><![CDATA[Mr. Ryz]]></category>
		<category><![CDATA[Oceanside Network]]></category>
		<category><![CDATA[Oceanside Network scam]]></category>
		<category><![CDATA[Oceanside Network team]]></category>
		<category><![CDATA[ponzi scheme]]></category>
		<category><![CDATA[President Broker Jones]]></category>

		<guid isPermaLink="false">http://ponzischemealert.com/blog/?p=81</guid>
		<description><![CDATA[Oceanside Network, a new company that seeks to combine the leverage of network marketing with a passive income opportunity for non-recruiters / non-marketers, launched its first month of operations during September, 2009. The company advertises a private system that enables all members to earn a significant monthly income even if they never sponsor or recruit [...]]]></description>
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<p><strong>Oceanside Network,</strong> a new company that seeks to combine the leverage of network marketing with a <strong>passive income</strong> opportunity for non-recruiters / non-marketers, launched its first month of operations during September, 2009.</p>
<p>The company advertises a <strong>private system</strong> that enables all members to earn a significant monthly income even if they never sponsor or recruit a single person.  Full disclosure of this private operation is only available to registered members with Oceanside Network, and in this current financial world filled with ponzi schemes and pyramid schemes, people are carefully completing due diligence with one sole question in mind:  <em><strong>&#8220;Is Oceanside Network a <span style="text-decoration: underline;"><span style="color: #ff0000;">scam?</span></span>&#8220;</strong></em></p>
<p>We decided to contact the Oceanside Network <strong>President, <span style="color: #000000;">Broker (Justin) Jones,</span></strong> in order to gain a better understanding of the company.  Mr. Broker Jones agreed to a basic interview.  Although there are a few private affairs which he cannot legally discuss, I think you&#8217;ll be impressed with some of the straight-forward answers he provides us with.  Let&#8217;s go to the interview questions&#8230;</p>
<p><strong><span style="color: #ff0000;">&#8212;</span></strong></p>
<p><span style="color: #0000ff;"><strong>Mr. Ryz:</strong></span></p>
<p><span style="color: #0000ff;">&#8220;Broker Jones, please tell us a little bit about yourself.  How did you become the President of the Oceanside Network company?&#8221;</span></p>
<p><span style="color: #ff0000;"><strong>Broker Jones:</strong></span></p>
<p>Well, Mr. Ryz, it&#8217;s been an interesting journey so far. Many people who are going to read this interview remember a company named <em><strong>Oceanside Wealth</strong></em> which was owned and operated by the 51% company owner <strong>Dr. Kumar Singh</strong> of Gilbert Arizona. Some will remember that I was the biggest team builder for that concept, where I contributed the lions share of a 3,000 member team in less than 60 days.</p>
<p>Unfortunately, the administration lead by Dr. Kumar was simply not ready to handle a team of that size and calibre, and things didn&#8217;t get set up correctly, the backoffice was a mess, and Dr. Kumar was of the temperament that nobody else was going to tell him how to run his business. I ended up posting a long update on why I was leaving the venture, in order to pursue a partnership that could and would bring the idea of Oceanside to the world on a grander scale that was both legal and administered with what I felt was a much more robust competency. I remember one night where Dr. Kumar called me in a panic asking ME to explain to HIM how HIS Matrix worked&#8230;&#8230;.and that was a sign to me that this guy was &#8220;playing at business&#8221; and didn&#8217;t possess the ability or the experience to deliver on a business model as complicated as what he was trying to achieve. Shortly after my announcement that I was no longer willing to represent the &#8220;front man&#8221; (aka &#8220;the fall guy&#8221;) of Oceanside Wealth, Dr. Kumar packed up shop and began issuing refunds. He conveniently left me last on the list to refund, and when all was said and done, myself and a few others never got a refund. It&#8217;s something like less than $6,000 that he ran off with&#8230;&#8230;$2,000 of that being mine.</p>
<p>But I believe that all things happen for a reason, because it was not longer than 48 hours that my current business partners and I had already come up with the core concepts of what would develop into <strong>Oceanside Network</strong> today.</p>
<p>Oceanside Network is a combination of 4 equal ownership partners, and I guess the title of <em><strong>President </strong></em>just kind of landed on me because of my general &#8220;voice&#8221; to the team. After having been a Network Marketer full time for the last 4 years, it just came naturally for me to assume the role of &#8220;team leader&#8221;. The title of President is actually a little more glorious than the role that I actually perform. I&#8217;m more of a &#8220;head customer service/marketing guy&#8221; than a &#8220;President&#8221;, but you take what you can get! I&#8217;ve asked my wife if she will make me a big cape and a crown to wear around, but so far she&#8217;s not buying it.</p>
<p><strong><span style="color: #ff0000;">&#8212;</span></strong></p>
<p><span style="color: #0000ff;"><strong>Mr. Ryz:</strong></span></p>
<p><span style="color: #0000ff;">&#8220;How long has the Oceanside Network staff been working on the development of this company?&#8221;</span></p>
<p><span style="color: #ff0000;"><strong>Broker Jones:</strong></span></p>
<p>The Oceanside Network team spent 60 hours a week over the course of <strong>10 months</strong> to bring Oceanside Network to fruition. In that process we spent hundreds of hours on conferences with asset protection specialists, international finance specialists, corporation building specialists and we collectively tip our hats to one Mr. Randy Scott Fillmore who is an executive Vice President at Charles Schwabb for consulting with us literally out of the goodness of his heart. This business model is intricate, has many moving parts, and we constantly have to remain on our toes in order to always strive for higher levels of compliance with the global governing powers that be. We are in a global climate that is constantly changing, and so while it took us 10 months to launch Oceanside Network, our duties in the constant development and fine tuning of our company will never end.</p>
<p><span style="color: #ff0000;"><strong>&#8212;</strong></span></p>
<p><span style="color: #0000ff;"><strong>Mr. Ryz:</strong></span></p>
<p><span style="color: #0000ff;">&#8220;As you are already aware, the internet is filled with advertisements and hype for thousands of different business opportunities, including:  MLM companies, high-ticket direct selling, affiliate clubs, and other various &#8216;money making&#8217; opportunties.  What makes Oceanside Network stand above these &#8216;average&#8217; opportunities?&#8221;</span></p>
<p><span style="color: #ff0000;"><strong>Broker Jones:</strong></span></p>
<p>At Oceanside Network <strong>nobody <span style="text-decoration: underline;">ever</span> has to recruit to make money.</strong> Including us! Actually it&#8217;s LESS complicated for us as owners if nobody else ever joins! Show me another company out there that can honestly say the same thing.</p>
<p><span style="color: #ff0000;"><strong>&#8212;</strong></span></p>
<p><span style="color: #0000ff;"><strong>Mr. Ryz:</strong></span></p>
<p><span style="color: #0000ff;">&#8220;The Information Age has also brought the world a substantially large quantity of illegal ponzi schemes, masked under names such as: HYIPs (high yield investment programs), Autosurfs, Doublers, Gifting, and more.  Someone completing due diligence may be afraid that the Oceanside Network fits one of these categories.  Could you briefly explain how the Oceanside Network is completely different from all the scams you see online today?&#8221;</span></p>
<p><span style="color: #ff0000;"><strong>Broker Jones:</strong></span></p>
<p>I know about the industry your talking about because I got started in my online marketing career by starting a blog about how to avoid losing money to such scams. Without violating a whole bunch of SEC and FTC regulations I unfortunately cannot get into the specifics of why we are not a ponzi scheme, but what I can tell you is that the Network Marketing side of Oceanside Network is through a reputable company called <strong>Global NPN</strong> which has been operating since 2004 and has some amazing products and services attached to it. Our passive income system (available only through private offer) is unique because we will be one of&#8230;if not the first&#8230;.company to actually show <strong>proof</strong> of our system to our <strong>Silver Ranked</strong> members and higher. To the general public, I unfortunately cannot offer anything more, and to the public I say politely that &#8220;if you&#8217;re skeptical now it&#8217;s ok, we&#8217;ll still be here 5 years from now, in which case we would of more than doubled the life of even the longest running ponzi&#8217;s and you could probably summarize from that alone that we are in fact the real deal.&#8221;</p>
<p>We are really not in any need or hurry to recruit skeptics into our company, so I don&#8217;t really spend a whole lot of time trying to &#8220;prove&#8221; that Oceanside is the greatest thing since sliced bread. Instead I work with our current team, and I spend my time working on developing new tools and features, and enhancing our current business model and structures.</p>
<p><span style="color: #ff0000;"><strong>&#8212;</strong></span></p>
<p><span style="color: #0000ff;"><strong>Mr. Ryz:</strong></span></p>
<p><span style="color: #0000ff;">&#8220;What are some of the long term goals that you and Oceanside Network owners would like to accomplish in about 2-3 years?&#8221;</span></p>
<p><span style="color: #ff0000;"><strong>Broker Jones:</strong></span></p>
<p>Complete&#8230;.World&#8230;..Domination&#8230;&#8230;mua-ha-ha.</p>
<p>Ok&#8230;.being serious.  In the next 2-3 years we would like to change the lives of <strong>thousands of people</strong> across the globe. We don&#8217;t toy with the delusions of making everyone into a gazillionaire, but if we can just get every member to the point where they are earning an extra $1,000&#8230;&#8230;.$5,000&#8230;..$10,000 or more into their homes. If we can help them make their house payments&#8230;&#8230;.if we can take some of the &#8220;stress&#8221; off of marriages that oftentimes comes with financial burden. If we can help send children to college&#8230;&#8230;if we can help pay for &#8220;operations&#8221;. If we can help people free their lives so that they can pursue their true passions.</p>
<p>Then we will have achieved something that is bigger than any of us, and all of us combined.</p>
<p><span style="color: #ff0000;"><strong>&#8212;</strong></span></p>
<p><span style="color: #0000ff;"><strong>Mr. Ryz:</strong></span></p>
<p><span style="color: #0000ff;">&#8220;How was your very first month of operations (September 2009), and will you be making any major changes next month?&#8221;</span></p>
<p><span style="color: #ff0000;"><strong>Broker Jones:</strong></span></p>
<p>Our very first month was about as good as we needed it to be. We have a great core group of members spanning all across the globe, and we had a great turnout from our passive side of things.</p>
<p>I wouldn&#8217;t say we are making any major changes next month, but we will be putting some new features into our backoffice that will allow for greater mass communication and we&#8217;ll be exploring several options to increase our ability to conduct financial transactions on an International scale.</p>
<p><span style="color: #ff0000;"><strong>&#8212;</strong></span></p>
<p><em>And NOW our <strong>random</strong> question of the day for Mr. Jones -</em></p>
<p><span style="color: #0000ff;">&#8220;If you had to be trapped in an old-fashioned, 5 ft x 3 ft phone booth for 6 hours with 1 person, who would it be?&#8221;</span></p>
<p><span style="color: #ff0000;"><strong>Broker Jones:</strong></span></p>
<p>Hmmmm Scarlet Johannson?</p>
<p>Again in seriousness, and as physically uncomfortable as it may be because I&#8217;m a pretty big guy&#8230;&#8230;I&#8217;d have to go with Donald Trump. I think if I had his ear for 6 hours he might just end up being intrigued by our business model and offering us some great pointers!</p>
<p>On second thought&#8230;&#8230;..scratch that. I was serious about Scarlet! <img src='http://ponzischemealert.com/blog/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  ***My wife is throwing a shoe at me right now***<br />
<span style="color: #800080;"><strong><br />
<span style="color: #ff0000;">&#8212; &#8212; &#8212;</span></strong></span></p>
<p>And there you have it, folks &#8211; straight from the mouth of the current President of the Oceanside Network.  I&#8217;d like to thank Broker Jones for taking the time out of his busy schedule to answer my questions so that other readers and researchers can gain some more insight about the Oceanside Network company.</p>
<p>If you would like to <strong>learn more</strong> about the Oceanside Network, I have two websites that you can look into:</p>
<p><a href="http://www.MrRyzFinancial.com" target="_blank"><span style="color: #0000ff;"><strong>www.MrRyzFinancial.com</strong></span></a> &#8211; This is my personal website that provides additional materials about the benefits of joining the Oceanside Network team.<br />
<a href="http://www.oceansidenetwork.com/mr_ryz" target="_blank"><br />
<span style="color: #0000ff;"><strong>www.OceansideNetwork.com/mr_ryz</strong></span></a> &#8211; This is the link to the official company site.</p>
<p>As 2010 approaches, we&#8217;ll probably be watching the Oceanside Network very closely and posting additional updates on this blog.  Look for the name &#8220;Oceanside Network&#8221; in the near future!</p>
<p><span style="color: #0000ff;"><strong>&#8212; &#8212; &#8212; &#8212; &#8212;</strong></span></p>
<p><strong>- Mr. Ryz</strong></p>
<p><a href="http://www.ponzischemealert.com/"><span style="color: #0000ff;"><strong>www.PonziSchemeAlert.com</strong></span></a></p>
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		<title>Why ASD Cash Generator &#8220;Rebates&#8221; Didn&#8217;t Work &#8211; Andy Bowdoin&#8217;s Model Examined Under The Light</title>
		<link>http://ponzischemealert.com/blog/why-asd-cash-generator-rebates-didnt-work-andy-bowdoins-model-examined-under-the-light</link>
		<comments>http://ponzischemealert.com/blog/why-asd-cash-generator-rebates-didnt-work-andy-bowdoins-model-examined-under-the-light#comments</comments>
		<pubDate>Tue, 18 Aug 2009 05:08:23 +0000</pubDate>
		<dc:creator>Mr. Ryz</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Andy Bowdoin]]></category>
		<category><![CDATA[ASD]]></category>
		<category><![CDATA[ASD Cash Generator]]></category>
		<category><![CDATA[ASD members]]></category>
		<category><![CDATA[Autosurf]]></category>
		<category><![CDATA[Autosurf model]]></category>
		<category><![CDATA[Delkin]]></category>
		<category><![CDATA[Mr. Ryz]]></category>
		<category><![CDATA[ponzi scheme]]></category>
		<category><![CDATA[rebate]]></category>

		<guid isPermaLink="false">http://ponzischemealert.com/blog/?p=38</guid>
		<description><![CDATA[Many ASD Cash Generator members thought Andy Bowdoin was going to get off easily and return to pay everyone. They didn&#8217;t see the real picture. When you have a million people purchasing overpriced advertising for the sole purpose of earning returns off future participants, you&#8217;ve got a scam on your hands. Andy Bowdoin’s team of [...]]]></description>
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<p>Many ASD Cash Generator members thought Andy Bowdoin was going to get off easily and return to pay everyone.  They didn&#8217;t see the real picture.</p>
<p>When you have a million people purchasing overpriced advertising for the sole purpose of earning returns off future participants, you&#8217;ve got a scam on your hands.</p>
<p>Andy Bowdoin’s team of “experts” ( HA HA HA ) may have fidgeted around with legal terms as much as possible, but the truth stands out.</p>
<p>Just look up the definition and practical use of a “REBATE.”  It’s a return or discount from one’s own purchases.</p>
<p>It has nothing to do with a continuous trickle or percentage base from future community sales.</p>
<p>That would be considered a ROI, return on investment, or profit sharing. The Andy team can argue the rebate point, but it is what it is and the court recognized that.</p>
<p>A legit business requires the sale of services to consumers. It cannot be 100% composed of investors all with the primary interest of profiting from sales.</p>
<p>Otherwise the company just continues to gain more investors and more investors and more and more and more…</p>
<p>Then the business reaches a critical point of saturation, the monthly rates of new members initializing their purchase of ads begin to decrease and all members stop making money.</p>
<p>It’s a gradual process. Sooner or later less and less new people start purchasing ads, causing the “rebate” amounts to decrease.</p>
<p>The chain effect is that with rebates halting or being decreased to minimal amounts, even the earliest members stop buying ads.</p>
<p>And when no more people buy ads, no one makes any money. And since the vast majority of ASD Cash Generator members only bought these ads for the “rebate” potential, they will feel cheated and mislead. In their eyes, they will have lost money.</p>
<p>And when there is no money to be earned, people stop viewing ads. The service itself cannot even exist without new member’s purchases.</p>
<p>The model may be using different words, but this is really no different than an investment scheme.</p>
<p>Very few ASD members even bothered to examine the math behind this program. They simply trusted the mangled terms Andy’s team created.  They were incapable of putting the pieces of the puzzle together because they couldn&#8217;t set their feelings aside.</p>
<p>Sure, some people can make a lot of money with this model. But it will only consist of those early birds and will leave far <strong><span style="text-decoration: underline;">more</span> people</strong> with <strong><span style="text-decoration: underline;">less</span> money</strong> who purchased a personally useless or unneeded service for the right to earn profits.</p>
<p>I’m not going to hold too much ill will toward Andy because I don’t even know if he fully knew what he created. To him it may have seemed like a good model, but even if he didn&#8217;t realize what he was doing, ignorance is not a fair excuse if you&#8217;re dealing with millions of dollars.</p>
<p>When you look at the long term effects, you can’t lure in a few hundred thousand investors and justify it by calling their action “purchases.” It won’t change the future problems of saturation.</p>
<p>I give him props for improving the Autosurf model but this goes to prove that you can’t perfect such a model. In long term view, it just cannot work. The world is only composed of so many people.</p>
<p>An Autosurf is and always will be an elaborate ponzi scheme, no matter which way you slice it.</p>
<p><span style="color: #0000ff;"><strong>&#8212; &#8212; &#8212;</strong></span></p>
<p>Original Post Written by:  <em><strong>Delkin</strong></em><br />
Arranged and Edited by: <em><strong> Mr. Ryz</strong></em></p>
<p><strong>Backstory:</strong></p>
<p>I originally posted an article warning all ASD Cash Generator members about the program&#8217;s true nature about 3 days before the Feds raided Bowdoin&#8217;s office and seized his assets.</p>
<p>Many people responded to this post even after the true ponzi scheme model was exposed.  Some former ASD members continued to ignore the ponzi scheme elements of the program and defended Andy Bowdoin&#8217;s model as a legal business paying rebates.  One of the contenders to this argument, Delkin, clearly pointed out how Andy&#8217;s &#8220;rebates&#8221; were nothing more than money laundering through deceptive terminology.</p>
<p>Apparently, not all former ASD members understood the truth.  Even a year later, some people are defending ASD with the same ridiculous &#8220;rebate&#8221; points.  Therefore, I thought it would be helpful to post one of the better explanations that was originally posted on my previous blog.</p>
<p><span style="color: #0000ff;"><strong>&#8212; &#8212; &#8212; &#8212; &#8212;</strong></span></p>
<p><strong>- Mr. Ryz</strong></p>
<p><a href="http://www.ponzischemealert.com/"><span style="color: #0000ff;"><strong>www.PonziSchemeAlert.com</strong></span></a></p>
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