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Saturday, January 14, 2012

Do you think Speak Asia can come back in the same manner

Do you think Speak Asia can come back in the same manner


Here below you see the thought of a panelist - Rahul.  Let me know what you think.


I have had a talk with senior and close people to the management and the news is not very good. If speakasia was that strong in its legalities even after mediation it wudnt keep extending like this, this truly shows how tough it is for speakasia to come back and how weak their system is. Plus as per the new website and rules there will be no more subpanels, so subpanel direct income and sub panel binary we will have to forget, 1 id will have one panel only and for every id pan card will be required and only 1 pan card for 1 id. Plus now even in the normal binary there will be a limit to the amount of cash one can withdraw in a year it will be around 5 lakhs per annum, So even in normal binary ur in capping limit of 20 pairs per day and you make 20000/day or 6 lakh a month u can withdraw only 5 lakh by cash in a year! Rest you will have 2 purchase products! This was expected as lot of changes were expected in the business module as their earlier model was weak and they failed to satisfy anyone even in the press conference they conducted. For anyone who thinks this is false news they can keep quiet and wait for the company’s pop up whenever it comes they will know the truth then. Waiting for 9 months has been a waste of time as well as a big disappointment as even though the company will start the income potential will be 10 times lower than before because of all these changes.