Buzzirk Scam

Buzzirk is a new network marketing/mlm scam that you should be aware of. I just came from a meeting that was promoting Buzzirk Mobile powered by Zero1. I must say it was very convincing, and I was very tempted to join, however my intuition told me to start doing some research into the company, and I found out quite a few things about the company that I think a perspective distributor should be aware of before joining this company.

First of all let’s talk about who the company, Buzzirk is, and what they are offering.  Ben Piilani is the 28 year old CEO of  UTGI and Buzzirk, the parent companies of  Zero1, which is a conglomerate of many smaller companies like Global Verge.  UTGI has a revenue stream of about a $10 million which is a drop in the bucket when compared to a revenue of $8 billion by T-Mobile, $10 billion by Verizon , and $12 billion by AT&T. The significance of this will come into play a little later.  The company touts a “G5″ network. The proper terminology should be “5G”, which does not exist yet, anywhere.  Now,  the company also is promoting that everything is done by VOIP (Voice Over Internet Protocal). This is what gives you unlimited calling, downloads, data, text, and emails anywhere in the U.S., Canada, and Puerto Rico for a low price of  $79.95, and $89.95 for international calling. The company also claims that their phones will be the most state of the art out there. Imagine being able to see someone in real time as you are talking to them, and they can see you with a built-in camera on the face of the phone, rather than on the back of the phone. You will also be able to do away with your internet home service, because you can now tether the phone to a USB Port on the back of your computer, and turn it into an internet modum. The claims are, that the download speed will be as fast as a T-1 line. You will be able to download a movie in less than 3 minutes.  Sound too good to be true, right?

Let’s get some facts straight. In order to do what this company claims it can do, it would require a minimum of $40 billion just to put the infrastructure in place to accomplish such a formidable goal.  The revenue of the top three carriers combined does not even top that amount. In these times of  “credit freezes”, where did UTGI get their money? The technology to even come up with 4G is a minimum of 2 years away. How has this “new” company accomplished such a goal with a revenue stream that at best is $10 million. Why have they chosen to go the network marketing/mlm route to market this product?  They have chosen to recruit distributors, rather than established authorized dealer networks.  If zero1 truly had this technology available, and it truly was as cutting edge as they claim, then why even bother recruiting a network of distributors, when you could partner with At&T, like Apple did with the Iphone, and instantly have a 4,000,000 customer base right away. So far it has been 6 weeks since the launch of the distributorship, and only 40,000 people have joined. They charge $89.00 to join and $39.00 per month for a “distributorship” (with no product yet). The product was supposed to have launched on April 1st, 2009 (April Fools Day), but got delayed 3 times since, and now they are saying it could be 3 – 4 more months before the product will be ready to launch to the public (very fishy). Why would you even start recruiting a team of distributors if you don’t even have a product yet? Each “distributor” must pay $69.00 to join, then $39.00 per month for six months. What do I get for the money? A website that my 12 year old daughter could have done through www.freewebs.com. If you calculate 40,000 distributors times $69.00, that  comes to $2,700,000 already in six weeks. Not bad, Mr. Piilani. By the way, look at all their board of directors. They all have the last name of Piilani. Very curious. One of the top leaders of UTGI Mark Petschel was indicted by a St. Louis County grand jury on three counts of security fraud, and three counts of selling unregistered securities.

This is a company that I would stay away from. I would not take part in any network marketing/mlm recruiting by this company. I hope that research that I’ve done so far proves me wrong about this company, but experience is the mother of wisdom.

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2 Responses to “Buzzirk Scam”

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