To,
The Prime minister of India.
Dear Sir,
This is a petition requesting you to give us clarity on our future and the future of our families with Speak Asia. All we want to know is the truth. We request you to get the authorities to investigate or ask the company to present their case in the Speak Asia matter and reveal the truth.
We have posed trust in the company so far and have been participating in the company’s activities. So far we fave been very happy with the company as it has delivered everything it promised. It helped me add to my family income, improve my standar of living and I have benifited by its training and knowledge programs to make me a better citizen and a better person. But the recent developments as showcased by the media, leaves us confused and unsure of our future with the company and my own future.
If Speak Asia is at fault we would request you to take strict action against them and if the company is right then would request you to let the company function in peace at the earliest as along with me another 20,00,000 panelists and families crores of other Indians want to know the truth as soon as possible.
We, as a law abiding citizens of India would support the laws and regulations of India.
Regards
Law abiding citizen of India
how does SAOL manage to give Rs 500 / - per survey
Reward points for doing online work are not a strange or unique idea at all.
There are many examples of unrelated businesses: https://www.globaltestmarket.com/ and other competing online survey companies. Our Payment of 10 RP (conceived value of Rs 500) is based on mean on international trends as we participate with global panel exchanges. International rates vary between $10 to $150, depending upon profile and domain complexity and specialization required for the survey data. For any panel providing business, it’s a business secret with their end client (mostly MNC’s) and are legally bound confidential and strict Non Disclosure Agreements. Further, SAOL participates in over 1,200 Panel exchanges and panel exchange programs across the world. It is these exchanges, which are in direct contact with Market Research (MR) companies or the final clients, for whom these surveys are conducted. We have no access to the details of the MR companies, nor their final clients for whom our panel participates in surveys through these panel exchange programs.
RBI, SEBI, Ministry Of Corporate Affairs and PMO gave clearance to SpeakAsiaOnline?
As per the knowledge of the Company and its advice received since inception, SAOL has not breached any provisions of Indian law, RBI, SEBI, or any other government authority. However, it has come to the notice of the company through its media sources that because of the negative campaign initiated by some organizations, that RBI, SEBI, Ministry Of Corporate Affairs and PMO have initiated enquiry against the working of the company. SAOL welcomes this because this will help the Company to clear the cloud if any.
However, till date SAOL has not been contacted by any of the Government Departments.
The Company assures its full cooperation and participation in any enquiry or investigation initiated/ conducted by the Government Authorities in India and in fact it reached out by email to all authorities including the PMO on 15 May 2011, requesting for an enquiry into its affairs since the allegations could damage its reputation and trust with the panelist community.
However, till date SAOL has not been contacted by any of the Government Departments.
The Company assures its full cooperation and participation in any enquiry or investigation initiated/ conducted by the Government Authorities in India and in fact it reached out by email to all authorities including the PMO on 15 May 2011, requesting for an enquiry into its affairs since the allegations could damage its reputation and trust with the panelist community.
What is the business structure for Speakasia Online? How is money distributed to panelist?
Speak Asia is creating a panel community of empowered consumers, which earns rewards points by participating in various companies activities ( e.g. -e-zine sales , surveys filling , product referrals / sales , advertising based surveys , self development training programs ) on the website, including for India market entry activities.
RP payouts happen when the panelist burns those earned reward points for purchase of products and services from the website. The company’s business model is to make profits from product and service sales after providing for the cost of servicing the reward points. Speak Asia gets research done ‘on’ and ‘for’ different companies, products and services; panelists earn reward points (RP) for participating with their valuable opinions in the surveys. Effective June- July 2011, advertisement based revenues will start where panelists earn reward points (RP) for watching the ads carefully and giving them feedback on the same.
Products are available with Speak Asia at special rates; panelists earn through saving on purchase or reselling of products. The Reward Points thus earned, are redeemed through consumption of product and services offered by the company .i.e. Panelists can book products ( such as mobile, LCD, white goods etc … aptly demonstrated in recent GenX bazaar at Goa where over 4,00,000 reward points were used by just 3,000 panelists for booking goods ) . They can also buy subscription codes for distribution. The left over reward points can be encased on request made on the website. All cash requests are processed through the bank and money is sent from Singapore to respective banks through TT.
RP payouts happen when the panelist burns those earned reward points for purchase of products and services from the website. The company’s business model is to make profits from product and service sales after providing for the cost of servicing the reward points. Speak Asia gets research done ‘on’ and ‘for’ different companies, products and services; panelists earn reward points (RP) for participating with their valuable opinions in the surveys. Effective June- July 2011, advertisement based revenues will start where panelists earn reward points (RP) for watching the ads carefully and giving them feedback on the same.
Products are available with Speak Asia at special rates; panelists earn through saving on purchase or reselling of products. The Reward Points thus earned, are redeemed through consumption of product and services offered by the company .i.e. Panelists can book products ( such as mobile, LCD, white goods etc … aptly demonstrated in recent GenX bazaar at Goa where over 4,00,000 reward points were used by just 3,000 panelists for booking goods ) . They can also buy subscription codes for distribution. The left over reward points can be encased on request made on the website. All cash requests are processed through the bank and money is sent from Singapore to respective banks through TT.
NOTICE
on 2nd june. 2011 at new delhi company is going to organize a function at talkatora stadium, new delhi. where will be really blasting news. function is divided into morning session and evening session. each session is capacity of 4000 panelist.
