High Court Hearing - 7/09/11

Since EOW was unable to show anything negative in court today, court has given the judgement that EOW and SAOL has to sit to gather and resolve the case by paying back the money to all panelists . So mostly they will be sitting tomorrow onwards for further discussion.
AISPA Association’s PIL: They need more time which is granted till 21st Sept 2011.
AISPA PIL which is against ROC, MCA, EOW. its hearing is over, in which EOW was not present and MCA and ROC asked for 14 more days for submition of its Final report, which has been granted saying its the Final Extension. No Evidence found against SAOL yet.
Note: AISPA PIL case & SAOL case are both different so do now worry for AISPA’s hearing.


The Updates are:-
1. The PIL of the association got the new date of 21 sept,11.
2. In the case of management the court has suggested EOW to resolve the case by sitting together(For the provision of the payment of the panelists ).
3. It's an positive sign because only if the panelists get back there money the company will be stronger than before.


It is also predicted that the official website of speakasia will be back to its normal function in the days to come as meeting with various govt. officials are being arranged.

Court proceedings of 7/09/2011

Firstly, EOW didn’t show up in the court yesterday,there is a reason behind that and its between the Speakasia and EOW.But EOW lawyers confirmed that they didn’t found anything against Speakasia.As such EOW will hold talks with officials of Spkasia regarding a constructive structural plan to pay the panelists and will have a thorough discussion on Speakasia as directed by the court.Further points will be updated letter.
Secondly,MCA and RoC are asked time and they were given a date(21/09/2011).As the PIL is in pre admission stage,MCA and RoC is not in a position to say anything about Spkasia(nor FOR neither AGAINST) so they were given a date.
N.B : EOW has no any problem with Speakasia in legal terms and no economic offences were found.
N.B : This meeting is not for registration process and payment approval.Its the duty of MCA and RBI for all that and not EOW.
Thirdly, Positively by tomorrow a meeting is scheduled(fingers crossed) and after that the site will be active by Saturday or latest by Monday and after that Exit option may start(hopefully).


Thanks and Regards

Here come the SpeakAsia clones "Voice of People" Review

1.8 million displaced members is nothing to sneeze at and with Speak Asia’s recent legal troubles with the Indian regulators, it’s no secret that there’s a lot of people in India looking for a new business opportunity.
Coming from Speak Asia, they’re familiar with a recruitment based compensation plan, filling out pointless surveys and an urgent need to get money rolling in again.
Enter companies like ‘Voice of the People’.
Whilst it’d definitely be unfair to claim that Speak Asia pioneered the ‘get paid for filling out surveys’ business model, the timing of Voice of People and distinct similarities between the two companies all point to trying to recapture the success Speak Asia had.


The company
A company operating out Singapore (sound familiar?) Voice of People operate on the principle that as a ‘customer’, your feedback is valuable to ‘big organisations‘ and that through Voice of People, said organisations are willing to compensate you for your time.
You fill out surveys for Voice of People, they send them to the company’s commissioning the surveys through them and the companies pay Voice of People who then pay you.
Unlike Speak Asia though, Voice of People is registered to operate as ‘VOICE OF PEOPLE MEDIA AND ADVERTISING PRIVATE LIMITED and was approved on the 27th June 2011 (Reg: U74120UR2011PTC033559 in the state of Uttarakhand).
Despite listing no owner or staff information, Voice of People does list an Indian office address at ’3rd Floor, Room 304 , Time Tower, MG Road, Gurgaon, India’.
Voice of People is also registered in Singapore as ‘VOICE OF PEOPLE (SINGAPORE) PTE. LTD.’ (reg: 201108659G). The Singapore company lists a partial address of ‘KAMPONG BAHRU ROAD’.
Without the company revealing who is running things however, neither of these two registrations unfortunately is enough to ascertain who owns Voice of People.


The Product
Voice of People doesn’t have a product to sell, but all members are required to purchase a subscription to an online publication, ‘Voice of People Magazine’.
Voice of People claim that this magazine gives an insight of innovations around the world in the fields of media, advertising, merchandising.


The Voice of People Compensation Plan
The Voice of People compensation plan reads pretty much identical to the Speak Asia compensation plan. So much so, that it’s actually kind eerie.
The Voice of People compensation plan revolves around what are called ‘Reward Points’. Panelists can earn reward points by filling out surveys or recruiting other panelists to the opportunity.
Differentiating itself from Speak Asia however, it appears that Voice of People reward points cannot be redeemed for cash. 
Rather,

• Each reward point is equal to some product value.
• Each reward point is equal to $1/-. Once you collect $80 or more Reward Points in your account, you can redeem them against:
• Gift vouchers of leading retail stores, like Apparels, Books and stationary, Footwear, Kids Zones, Toys and baby products, Pharmacy, Coffee Shops, Restaurants and Grocery stores.
• Discount Coupons
• Loyalty Cards

Voice of People panelists are also able to earn a 10% reward point commission on those they refer and are able to have subpanels (extra accounts in which you fill in the same surveys multiple times).


Joining Voice of People
Those wishing to join Voice of People have two options available to them, a single panelist option at $20 or three panels (one primary panel and two sub panels) for $55.
Note that the subscription joining fees are much lower than Speak Asia ($220 and $240) due to the fact that financial commissions are not rewarded for recruiting new members.


Conclusion
What made Speak Asia such a success was their financial rewards for recruiting new members. This solely contributed to the massive growth of the memberbase (1.8 million panelists) in just under a year.
Without this incentive, a large chunk (read: all of them) of the Speak Asia memberbase had no way to earn a decent enough income to live on, which when joining MLMs like Speak Asia and Voice of People, is the ultimate end goal.
Ultimately that means that despite being virtually similar in setup, Voice of People probably isn’t going to achieve the size and growth that Speak Asia did.
Obviously whoever is running Voice of People has taken an interest in Speak Asia’s current legal problems and is attempting to run their own panelist company sans recruitment commissions.
Voice of People operating out of Singapore only adds to this speculation and is equally in itself suspicious (what is it with MLM companies refusing to just operate out of India itself?).
With a rewards based compensation plan as opposed to a direct monetary commission model, provided Voice of People can continue to provide its panelists with surveys I imagine they will steer clear of any regulatory trouble.
That said, the overall success of the company is still in question as no doubt Speak Asia has left a lot of people weary of panelist based MLM programs. And without a direct monetary compensation model, many of them will no doubt be left scratching their heads wondering if Voice of People is worth even joining.


behindmlm

speakasia blog updates

Dear SpeakAsians,


At the outset, we would like to thank you for the support you have been giving us in these critical times. We are at the moment engaging in various activities and actions that will ensure that we return to normalcy as soon as possible. Given below are the updates on some of the actions that we are undertaking:
·         We have already approached various authorities concerned to explain the business model and their approval on it. We hope to have some concrete action on this account in the very near future.
·         When we had announced the exit option from Speak Asia and mails were sent to this effect, a lot of Speak Asians faced challenges in accessing them as the mails kept bouncing back. Over the next week we will be implementing the methodology for exercising the exit options. This is to ensure that as soon as we get the reprieve we are looking for, we would be ready to disburse the amounts to your bank accounts immediately without any procedural delays.
We will keep you updated with all the latest developments as they unfold.


Warm regards
Corporate Marketing Team - SpeakAsia Online Pte Ltd. 

Ashok Bahirwani-Secretary AISPA- 3rd sept,11

Good Evening Speakasians,


Like everybody I was also thrilled and welcomed the pleasant news and appreciated the attempt of the company to open up a channel of communication with the panelists.
But my critical mind raises a few doubts on the authenticity of this Blog being the official medium of the company. Here is why:
1. The first post on the Blog is dated 12th August, 2011 suffers from a serious error. The author states in the blog that the Mumbai High Court had heard the bail application of Tarak Sahib and was pleased to deny extension of police custody. We all know that the Bail Application was heard by the Hon. Magistrate Court at Esplanade Court (Quila Court). I am sure if this was indeed an official Blog by the company for communicating with the panelists such a major mistake would not have occurred.
2. If indeed this is a company initiative then why after the first post on the 12th August, 2011 did the company remain silent for all these days. They should have attempted to popularize the Blog from 12th itself, the panelists have all been waiting for some sort of official communication and everybody would have been surely happy to welcome such an initiative of the company.
3. This also now raises doubts on the authenticity of the letter of Mrs. Harendar Kaur. Was the letter planted by the same authors of the Blog? We have all read various communications of Mrs. Kaur and we know her to be an articulate writer the current letter has grammatical mistakes and spelling errors.
4. I know many panelists have got some sort of confirmation from the SAOL officials but then maybe they themselves have been misguided.


I want to be proved wrong this time and I hope all that is written above is wrong and this entire exercise is indeed of the company.
Like they say “It is better to be safe than sorry” 
During my interaction with various panelists from across the country I have come across major mistakes people have committed in their quest to have signups which is now leading to trouble, I wish to share these errors with you so that in future these mistakes are not committed you will realize that these mistakes have been committed by people who had implicit faith in the company and these steps were taken as a short cut to reach huge numbers.
• I know of people who have given personal post dated cheques to their direct sponsored downline equaling to the amount that the joining in panelist paid for the subscriptions. Why will someone do something as stupid as this? How are you personally responsible for the decision taken by the panelist after having fully satisfied themselves after hearing the SAOL business module? 
• Some people have signed affidavits giving personal assurances to the panelists on the safety of their Monies. This is also going one step too far.
Having implicit trust and faith in the company is one thing, going absolutely over board is another.
These are the kind of panelists who have used the term “Investment” which has become our nemesis. This word is nothing short of committing blasphemy against the company and its revolutionary business module.
One other important complaint I hear across the board is that up lines do not answer the phones of the downline. Leaders have all gone unreachable. Many leaders have changed their numbers and are not approachable. This is what has angered the downline especially the panelists who joined after March-April and have not received any payouts and they feel cheated.
Just to give a personal example, not that I want to brag about my efforts, since I have become the secretary of the AISPA and somehow my phone number has found its way into the public domain I have been flooded with hundreds of phone calls from across the country and I have answered each and every phone call, even called back the missed calls this is the kind of proactive interaction the downline expects from their sponsors and the leaders whom they have looked up at when they joined this revolution called Speakasia.
We need to understand that we are associates of an international company which has always professed absolutely clean, honest and professional conduct. We need to match this corporate philosophy of SAOL and prove without doubt what it actually means when we say “Proud to be a Speakasian”
I urge all panelists’ brethren to draw inspiration from our company top honchos.
Learn from the vision and courage of our Chairperson and Global CEO Mrs. Harendar Kaurji; imbibe the coolness and articulation of our CEO Mr. Manoj Kumarji, wear the Tiger spirit and never say die attitude of our inspirational and beloved CEO Mr. Tarak Bajpai, take a lesson from Mr. Narayanan’s aggressiveness and his eye for detail, if we are able to even include some degree of all these qualities in our selves we will be a changed person and then I am sure we will be true leaders and a catalyst of change in our own and in the lives of people whom we touch.
“People are made of flesh and blood and a miracle fibre called courage”. 


~ Mignon McLaughlin
Proud to be a speakasian
Jai Speakasia
Ashok Bahirwani
Secretary
AISPA