Aispa Updates-8th oct.


Good Evening Speakasians, 
First and foremost I want to wish all the panelists a belated HAPPY DASSERA. We all know Dassera is celebrated as Vijayadashmi the day of VICTORY.
This is the day of victory of good over evil. Our Vijayadashmi will be the day SAOL restarts its business in India we the entire speakasia panelist family is waiting to celebrate the Speakasia Vijayadashmi with pomp and glory and hopefully the day is not far.
 I was in Nagpur on the Dassera day to meet a senior counsel to seek his advice on the associations PIL and the future course of action to be adopted. We are presently preparing for the hearing on the 12th October before the divisional bench of Hon. Justice Mr. D. D. Sinha and Her Ladyship Mrs. V. K. Tahilramani. We are looking at the possibility of appointing some senior counsel to appear in our PIL along with the Associations counsel Mr. Ahmad Abdi.
The company in its latest update on the company BlogSpot has made it abundantly clear that the article doing the round about Mr. Dandona is absolutely false and malicious.
What amuses me about the article and the intelligence of the author is how without application of mind the author first destroys the credibility of Mr. Dandona, by informing us about an earlier CBI charge sheet pending against Mr. Dandona, and then expects us, to give credence to any statement made out by Mr. Dandona.
How does the author expect that this family of Speakasians who pride themselves in being called ”Empowered Consumers” take note or accord any seriousness to a statement made by a person of such low gravitas.
And now the company is on record to inform us that Mr. Dandona has not made out any such statement in the first place.
Once again this proves that the media in general, is out to spread a malicious campaign, against the company.
There was a blog posted on the aispa website by one Mr. Pranay Kumar Sahu attempting to accuse me of hiding some event on the 4th October, 2011 he went on to say that he knows what happened on the 4th and he knows that I know what happened on the 4th. I wrote under his blog that I feel he is duty bound to inform the panelists what happened on the 4th But till now while I write this Update, he has not written in or clarified what happened.
I wanted to get to the bottom of the matter I called this young man of 22 years who lives in Bhubaneswar Orissa to clarify what he knew happened on the 4th.
He was surprised at receiving my call and he told me that he had heard that the company had met the RBI on the 4th October, 2011 and the company could not convince the RBI. I asked him why he did not clarify this in his blog post. He confessed that he did not believe the news that he received from somewhere.
He also apologized to me that only because of his limited knowledge of the English language he did not bring out his question in the proper manner and it was not his intention to cast aspersions on me or on Aispa.
It is the endeavor of AISPA to provide an open and uncensored platform for the panelists to air their view openly and without fear on the website.
While on the subject of RBI let me make it absolutely clear that as the company is handling all matters related to RBI.
We as an Association are not privy to the nitty gritty of the matter fully. What we as an association know is that all the queries as asked by RBI are ready with the company along with the documentary evidence.
Whether the company has submitted these or they are going to submit the same is not confirmed information.
Aispa’s stand is very clear we are interested in every move of the company only to ensure the safeguard of the panelist’s interest. We do not expect the company to share every movement of theirs as we understand their need to keep their strategy under wraps and we respect this.
We all know that the company had organized a “TORCH BEARERS MEET” in February at Delhi which was attended by over 400 panelists. The company had entrusted these 400 TORCH BEARERS the duty to stand united together in the eventuality that there is an attack on the company. These 400 panelists were to be in the front who would fight for the company.
I am sure and confident that all these 400 privileged panelists are, without showing favour to team consideration, helping every panelist to continue with the support to the company. Remember all TORCH BEARERS this is the eventuality that the company entrusted all of you with.
I only urge and request all these 400 TORCH BEARERS to realize this and live upto the confidence that the company imposed on you.
Another thing that amazes me hugely is the support and admiration of this 20 lakh panelist family, to Mr. Tarak Bajpai. It is simply beyond compression how one leader can catch the imagination of such a large family.
Many Panelists have told me forget everything; just tell us what is the position of Tarakji.
“One man with courage makes a majority”…… Andrew Jackson
Have faith, have patience, trust your company


Proud to be speakasian
Jai Speakasia
Ashok Bahirwani
Secretary
AISPA

SpeakAsians approached Supreme Court

On 4th October around a group of 115 panelist have filed a petition before the apex court.After hearing the petition Supreme Court has issued notice to RBI,Finance Minister,SpeakAsia and Haren Ventures to reply in two weeks(as said by the advocate representing the investors).
Deccan Herald 

What is Pyramid and Ponzi Scheme


Most MLM programs are official companies, nonetheless customers must be aware of MLM scams. A true MLM program will sell merchandise to the general public without requiring them to pay anything additional or any hidden costs. They won’t power consumers to affix the MLM system to be a distributor themselves. These kind of methods pay commissions to distributors based on actual product gross sales, not for recruiting. Nevertheless, there is a danger that any program that concentrates more on new members somewhat than product gross sales could possibly be a MLM scam.
An instance of a MLM scams is an illegal pyramid scheme. That is where a company guarantees huge income from investments into their program. The cash is actually created from drawing new individuals into the scheme relatively than precise retail gross sales of actual products. Many pyramid schemes fake to sell precise products, they actually don’t. A sign that a program is such a MLM rip-off is whenever you by no means see precise products. Merchandise constantly on backorder or orders that by no means arrive are additionally signs of a scam.
Another MLM rip-off is called a Ponzi scheme. This is very similar to a pyramid scheme, however the principle distinction is in a Ponzi scheme there is not an actual product to begin with. Additionally, no fee is paid to recruit new members. The operators make their cash off the sting by promising large, quick returns from an investment. The cash collected from new members is used to repay other members that have been in the program longer. They’re given a small return compared to the huge promises. 


Aaron Mullings

updates 2nd Oct,11

Yesterday an article published in Mumbai mirror said that SpeakAsia didn't have any client and all surveys were fake.EOW has also arrested Nayan Khandor,owner of Brand Saloon Inc.,who was responsible for preparing the surveys for SA.
Today on the official blog of speakasia a letter from the company has been put forward in which clarifications regarding the news has been given.


 Click Here To View The Newsletter


On august 11th speakasia on a non-disclosure agreement with EOW has shown there client list,and after verification it was confirmed that the clients list was genuine(click here to see the article).The recent arrest of Nayan khandor has caused discomfort among many,but the thing here is to be noticed is that  he is just an associate of speakasia working on commission basis and is responsible only for developing the language of the surveys and search engine optimization of the company's website(SEO).He had nothing to do with the client list,he just made surveys out of the materials given to him.


Further readings and clarifications on the same read ashok bahirwani's updates. 

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