After last weekends developments regarding Speak Asia bank account closures in both India and Singapore, it seems the company has found itself simply indefensible. So much so that its senior lawyer Ashok Saraogi resigned and ceased representing Speak Asia last Friday, just five days after he was initially hired.
Entries for May, 2011
When you run a questionable business model and run into problems, if you’re big enough, the resulting storm of negative publicity and deterioration of company operations usually results in an avalanche of lies, misinformation and distortion. Standard modus operandi under such conditions are that the company and it’s members accuse critics of lying, question their [...]
News trickled in overnight that problem plagued MLM firm Speak Asia has had its bank accounts frozen in both Singapore and India. In Singapore, the United Overseas Bank (UOB) froze and informed Speak Asia that they were ’unable to continue maintaining the… accounts you have with us’. Additionally it has been reported that bank accounts [...]
The Amega Global compensation plan primarily revolves around a binary organisation whilst paying out bonuses on specific levels of the binary. There are seven commission payouts that can be earnt with the Amega compensation plan and they are each tied into business volume, the recruitment of new Amega Global associates, or both.
Hot on the heels of investigation launched by no less than four government regulators, Speak Asia Online have hit back issuing a press release they believe addresses concerns about the company, and have held a legal conference attempting to distance themselves as being a survey company. Despite these latest reassurances that Speak Asia is legitimate, [...]
Speak Asia Online claims to have recently broken through the two million membership mark. After being in operation in India for over a year now, this success hasn’t gone unnoticed and people are starting to ask questions. Based in Singapore, the obvious frontrunner is why doesn’t Speak Asia have any member base or public presence [...]
When I first reviewed the Speak Asia Online business opportunity back in March, it was hard to escape the fact that, without recruiting, Speak Asia members were only able to make a maximum of $20 a week signing up as a Premium Panelist. With a joining fee of $220 and interview + test fee of [...]
As the TVI Express empire appears to be crumbling all around the world, Pyxism are attempting to capitalise on the once popular MLM opportunity. Claiming that TVI Express is no longer valid in India, Pyxism estimate that there are now ‘three million members worldwide‘ now looking for a travel based MLM opportunity. Enter Pyxism India, [...]
Despite the slow rebound of western economies, the price of gas to fill up your car is on the rise. Some people say it’s because of peak oil, some say it’s because of greedy profit seeking oil companies… whatever the reason – general consensus is we’re going to continue to pay ever increasing prices for [...]
Just under a month ago now I wrote about Wealth Masters International rewarding Norwegian distributor Per Gunnar Hoem, despite WMI being officially banned in Norway. In the discussion that followed, it was reasoned that seeing as the ban wasn’t applied retrospectively for the month of March, Hoem’s promoting of WMI in Norway was justifiable. In [...]