Greenzap Offers $50 in Web Cash

Posted on October 23, 2005 12:34 AM by Joel Comm

I've been keeping my eye on this one for some time. GreenZap is a new idea in online payments. They now offer $50 in web cash just for signing up when you follow this link. Web cash allows you to buy stuff from online stores at a discount. Plus, you can earn real cash as part of the program. It's free, so I signed up. How about you?

GreenZap

See Also

The Link Sizzler is Hot! - Jun 29, 2006
GreenZap - Jul 19, 2005
Quick Tips for Fast Cash - May 29, 2007
Google Adsense Secrets - Feb 12, 2005

9 Comments For This Post

  1. 1patriot Says:
    October 24, 2005 12:37 AM

    Hmmmm! Greenzap link keeps kicking back to "The Mayor Speaks" page? O.K. did that, now where's my 50 bucks! ; )

  2. Bunco Squad Says:
    October 25, 2005 01:46 PM

    Hey Joel, you posted that as a joke, right? Surely you looked at the comments to basically the same message you posted on July 19th. Since then, ebay has revised their policy on payment methods sellers may advertise in their listings. That policy explicitly names greenzap as one of the PROHIBITED payment processors. Google "Damon Westmoreland" and add scam to it and see what you get.

    By the way, how much cold hard United States currency did you get from referrals from that July 19th posting? The kind of cash the Internal Revenue Service will accept for your tax bill. No Monopoly money. None of Greenzap's webcash.

  3. jennifer Says:
    October 25, 2005 02:28 PM

    Bunco,

    GreenZap is the real deal and they will give PayPal the Monopoly a run for their money.

    Nobody believes the lies being spread about Mr. Westmoreland anymore. They were obviously started by competitors and have been proven false.

    I have a GreenZap account and it works perfectly. The only scam out there stems from people like you who do zero research and continue to spread lies started by those who hide behind technology.

  4. TheTruth Says:
    November 1, 2005 08:30 PM

    Ok really... They are a joke.

    Over $100,000 has been spent to promote the stock.
    Over 1.5 millions shares were given away to promote the stock.

    They have been banned by ebay
    They do not accept credit cards
    They give away enough "WebCash" to pay for the first 25 transaction.

    Hmm where does a company with no noticable significant source of income get money.

    Here is a hint... what if they have 150 million shares of stock?

    What if $100,000 was spent to promote said stock

    Why would the company start releasing all sorts of pr statements?

    How bout if the founders had all of said stock...

    I wonder if they would go around pumping up the company ignoring the facts...

  5. Jennifer Says:
    November 3, 2005 04:37 PM

    The real truth is that eBay is now telling its members not to accept GreenZap, because they are threatened by the GZ business model.

    The lies about GZ have been proven to be spread by eBay and PayPal employees.

    GZ does accept Credit Cards and is much better than PayPal...the MONOPOLY.

    All of you eBay/PayPal employees can stop lying now. Your scam has been found out.

    GreenZap rocks!

  6. jayant juvelkar Says:
    November 13, 2005 12:26 PM

    GZ is definitely a scam coz I signed up & reffered 12 of my friends.
    They all signed up & my account was showin 200+ $ in cash & 90+ $ in web cash.
    As a experiment I asked one of them to send me $25;this was executed & my account showed the transcation details.

    But today after three - four months my account is showing only $78 as balance in Web cash $ 0.00 in cash. $5 for each member instead of $25 which was initially credited,
    This includes $25 sent by one of the persons I had refferred!!!!!!!!!!

    Where is the rest of the cash & Web Cash gone?
    No explanation!!!!!!!!!!!

  7. TheTruth Says:
    November 13, 2005 10:00 PM

    If you read the ebay site, you will see that they clearly banned greenzap after determining that it was nothing but a scam........

    If you read all of the PR releases, you will see that GZ has paid tons of people to promote the stock which is the sole source of income for the scammers.... They just want to trick more money out of people...

    I heard they just renamed the stock so they can do the whole pump and dump stock scam again!

    With a new ticker symbol, they can try to seperate themselves from all those articles describing the details of their scam...

  8. Its a scam Says:
    February 28, 2006 09:27 AM

    Ok seriously. How stupid are people.....

    There was this dormant company with a stock ticker of NPWV. Greenzap made a deal with the dormant company. Greenzap would be aquired - and the Greenzap Insiders would be given most of the outstanding stock shares. I assume the owners of the dormant company were bought out as all press releases only list greenzap people now.

    Initially there were 100 million shares of NPWV out there and the founders of greenzap (we assume most went straight to damon) were given 75 million of those shares. Since then, greenzap issued themselves 200 million more shares.

    Now Damon and co owned 75% of the shares- suddenly people all over were pumping the stock. If you look at some of the PR - you will see that a compay was paid $110,000 to pump the stock. Another was given over a million shares to pump the stock.... They issued press releases, made posts on message boards, sent out fax blasts, emails etc. pumping the stock at $1.

    Now who would benifit from the stock sale? Could it be the people with all the stock?

    The stock tumbled in a few months from $1 to about 4 cents. People lost tons of money. The stock did nothing but tumble. But if your an insider with 75 million shares you got for free who cares.

    Now the stock sits at 4-5 cents.... How else can they make money? Well what if they sell more shares to gold members at huge discounts... Here is a hint what happens to a stock if some people start getting it at 50% off of the market price? Everyone that paid full price in their previous pump scheme got screwed even more.

    So ask yourself...Other than the gold member ponzi scheme, and all the different stock sales... how does the company make ANY REVENUE?

    No merchant uses them as a payment processor.

    They are banned on ebay.

    They give out enough web cash to pay for the first 25 transactions for free.

    Maybe its the commission junction affilliation. But wait - they give most of that revenue back also.

    Here is a company that has no discernable income. The only things they have done for the past four months is come up with creative ways to sell stock and gold memberships. They haven't done anything to improve customer's experience.

    HOW COULD ANYONE BE STUPID ENOUGH TO BUY STOCK IN A COMPANY WITH NO INCOME?

  9. Jeff Paul Internet Business Says:
    March 5, 2009 11:47 AM


    Thanks for posting such vital information. I am new to the blogging scene. Any and all pointers are helpful.

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Joel Comm is an Internet entrepreneur who has been online for over 20 years. In 1995, Joel launched WorldVillage.com, a family-friendly portal to the web which enjoys thousands of visitors each day. Joel is the co-creator of ClassicGames.com, which was acquired by Yahoo! in 1997, and now goes by the name Yahoo! Games. Since then, Joel's company, InfoMedia, Inc., has launched dozens of web sites which offer online shopping, free stuff, website reviews and more. Joel is the author of many popular books, including the NY Times Best-Seller, The AdSense Code. He regularly makes appearances at Internet marketing conferences and seminars.

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