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The restrictions are officially lifted and our funds are finally unfrozen. It has been a long and draining road to prove the truth, but we held our ground until the end. I am relieved that this is behind us, though we will remain alert to ensure things stay this way.

January 22, 2015

Zhunrize EBO SEC Petition

Zhunrize EBO SEC Petition

🏆 Won — 1,441 supporters Verified

Final supporters

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Arra J.
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sungkeun m.
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Aerim c.
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Honginsook
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jiseon c.
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seungkikim
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jun h.
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young b.
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INSUK K.
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o s.
+1,431 more
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Started by Richard Ramos 11 years, 10 months ago


PETITION TO DISMISS CHARGES AND TEMPORARY RESTRAINING ORDER (TRO) AGAINST ZHUNRIZE,


AND TO UNFREEZE ALL FUNDS


First of all, we would like to express our appreciation to the SEC for their efforts in protecting the American public from being victims of fraudulent schemes offered by unscrupulous companies. However, we feel that the SEC has mistakenly charged Zhunrize and its CEO Jeff Pan for operating a fraudulent pyramid scheme, based on a complaint from an ex-employee whose motivation is the financial gain he expects to enjoy as the whistleblower.


We respectfully disagree with the SEC because their allegations are unfounded. The truth of the matter is as follows:


1. Each of us, the Zhunrize online business owners, have chosen to join Zhunrize and purchase an Online Savings Store because we see that this company is earnestly building a very attractive yet affordable TURNKEY ecommerce shopping store that provides its store owners with all the support for product sourcing, supply chain management, website design and hosting, shipping and logistics, customer services, technology backup and real time tracking, online marketing support with advanced technology tools, etc. This is not an investment scheme. Rather, it is a real turnkey online shopping business we are buying with great value proposition, and Zhunrize is charging us a small fraction of the cost that is required to build a fully functional online shopping business.


2. Zhuncity is still in its infancy, and we knew that it is evolving into the desirable shopping platform we want, even though it was not there yet and it will take time. During the last 18 months, our CEO has been working diligently with various manufacturers to secure the best deals for us. He has assembled an excellent product sourcing and merchandising team to give us a huge variety of products at very competitive prices, and to transform our Online Savings Store and greatly improve the functionality of it. We really appreciate the frequent updates we have been getting on the improvements that were made and we are pleased with its progress. We know our marketplace Zhuncity platform can only get better over time.


3. Zhunrize has provided us a set of marketing tools to facilitate our product sales efforts, and we have been attending weekly online training seminars to prepare ourselves for greater customer acquisition during the upcoming holiday shopping season. We know for a fact that our CEO was already on the verge of rolling out a new Zhuncity Online Savings Store that’s a very valuable and attractive shopping platform, when the SEC halted our operations in late September.


4. Our experience with the management of Zhunrize has been very positive. We truly trust our CEO and COO who have always demonstrated their sincerity in keeping our best interest at heart, and we appreciate their transparency and their unmatched work ethic. One glaring evidence is their humble lifestyle, the frugal nature of their expenditures and their refusal to indulge themselves in luxurious experiences even though such practice is common among many of their peers.


5. We also know for a fact that the corporate management team has presented a revised business plan focused more on customer acquisition that was scheduled to begin on November 1st (The starting date for Phase II of this eCommerce customer acquisition project). If it were not for the sudden SEC accusations and interruption, they would have already implemented the revised business plan that’s focused on customer acquisition.


Therefore, we are hereby petitioning for the TRO of Zhunrize to be dismissed immediately so that we will not be deprived of the real eCommerce income opportunity for tens of thousands of families. We respectfully ask for the funds to be unfrozen immediately so that we can resume operations in full compliance with direct sales laws. As a matter of fact, there was no victim until SEC placed the TRO on Zhunrize’s operations. We strongly believe that in their efforts to “protect” us, the SEC has unintentionally turned us into victims of an “unduly confiscated” income opportunity, thereby causing unnecessary hardship to tens of thousands of Zhunrize Online Store Owners during these tough economic times.


Zhunrize ID#: ____________________________

Name: _________________________________

Email:__________________________________

Address:________________________________

_______________________________________

Signature

_________________________

Date

Updates

November 20, 2014

We hit one thousand signatures today. The weight of this process has been heavy but seeing this many people hold onto the truth makes the effort feel a bit less lonely.

Reached 1,000 supporters

November 18, 2014

Reached 100 supporters

November 18, 2014

November 17, 2014

The days have been long and honestly exhausting while waiting for a sign that anyone in power is actually listening. We are nearing a hundred signatures and hitting that mark is the only way we keep this momentum from dying out completely.

November 16, 2014

The path forward remains exhausting but we have to keep pushing to hit that thousand mark. The officials are watching those numbers so we must ensure they see exactly how many of us are demanding justice today.

1,644 Comments

J
Jewon Seo
11 years ago Featured

The company provides great oportunities to live better life for normal people. Sale good products in cheap prices and sharing the profits. A sensational fantastic business model!! Zhunrize forever♥

R
Richard Ramos · petition starter
11 years ago Featured

Americans want to work! This is a great easy way to do ecommerce without spending tens of thousands of dollars to setup.

W
William kim
11 years ago Featured

this company is heading in a very good and healthy direction. I hope you can open this company back to business as soon as possible please.

P
Park, Doo-Hyun
11 years ago Featured

Zhunrize has kept & will keep all of his words with business partners & customers over the world.

J
Jihyun Ban
11 years ago Featured

Zhunrize is great. As Zhuncity right there, lots of desireable goods had been selling at very low prices other than anoter ecommerce sites. Therefore, I'm look forward to unfreeze this situations as soon as possible.

J
Jeamin Ban
11 years ago Featured

When I compare many other ecommerce site's product prices, Zhunrize's was very impressive. So I want to buy lots of goods from Zhunrize. But the SEC inhibited that. I cannot accept this situation.

C
Changyong Park
11 years ago

I think zhunrize system is a new and very good paradigm of economy

H
Heekyung Park
11 years ago

I like the system of zhunrize. It gives a good oppotunity to the young like me