Actually flaker. They were reported to the FSB and DTI. DTI examined and made recommendations. These recommendations were implemented in full. DTI endorsed the business and FSB registered it as an FSP.
oorwinningsplan.co.za
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Blurock
You strike me as a heck of an intelligent guy and I am seriously wary of crossing you. I think you could argue me to embarrassment. Having said that, I can't help myself.
Please go to www.sdl.co.za and check out the offering being made and tell me how this comment of yours can possibly be true. "I am afraid that once you allow money to overcome your morality, schemes like this happen. There is no concern for the consequences to families who are conned out of their savings or children who have to suffer as a result."
How do families get conned out of their savings? How do children suffer? Please read the testimonials. They are not fake.
This business is FSB registered. Department of Trade and Industry approved. Has auditors, bankers, company registration, been in operation since 2001, has a really valuable legitimate product and is helping people make a significant improvement in their lifestyles in some very uncertain times.
"Someone has to lose when the market gets saturated", I hear you say. My immediate thought. 50 million people in SA. 17000 SDL members in 2 years. Saturation does not seem on the cards. Every year millions of matrics enter the adult world, increasing the working population who can benefit from this business.
I really don't see the danger, bud. I see an opportunity to help people. (Cliche, I know.)Comment
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Fastest running shoes......
BOVER Technologies - computer sales and TeamViewer support
Elmine Botha Freelance Photographer - Photographer/ VideographerComment
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~Anything or anyone who does not bring you alive, is too small for you~ Carina
~The moment you think you know it all, is the moment you know nothing~ Carina
One Google Page Result away from being FamousComment
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Sorry I stole it from you....
BOVER Technologies - computer sales and TeamViewer support
Elmine Botha Freelance Photographer - Photographer/ VideographerComment
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Mikren, I am not going to argue with you. I'd rather refer you to this thread: http://www.theforumsa.co.za/forums/s...ons-Is-it-real
Read all the posts and then tell me that a pyramid scheme is not a harmful practice. You can stay in denial and be defiant in the face of evidence. These "schemes" can run for years, as with Nieuwoud's milk culture, but eventually they run out of new investors and money to pay current investors. Only time will tell.Excellence is not a skill; its an attitude...Comment
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Thanks Blurock
This reply and the other one are insightful.
You make some very good points and if I am honest, then I have to admit that these are issues that concern me greatly also.
I would like to see a system where the product is the focus and not the business opportunity. ie: If I would buy the product anyway and think it is brilliant and would refer my friends to the product, then I think it is right that I should benefit from the referral - in whichever structure is lawful, logical and sustainable.
As mentioned elsewhere, I am working on finding out the legal issues surrounding the creation of a company that can market a brilliant product in a MLM format. I am proud to be associated with the product and am already selling it one on one. I simply want to increase sales.
I want to allow for 2 membership levels: One will buy the product for their family and that is it - no business. The other will buy the product for their family and enter the sales process where they refer people to this product and earn a commission for that. How much they earn will depend on the referee's engagement with us. It could be a monthly small commission on the once off sale, or a smaller commission on the sale as well as the downline's sales to a 6th level.
Can anyone get hurt down the line? Mathematically we could run out of people to sell to. (Damn nice problem to have as a company.) As long as people would have bought the product anyway, they would continue to pay their premium and not get involved in the business program.
Having said all that, I am not promoting this opportunity at all. It does not exist anywhere except in my mind. I want simply to illustrate the potential for MLM to be a viable and positive entity.
I do agree with you entirely about people who abuse old people and gullible young ones. These guys who create bona fide pyramid schemes, ponzi schemes and so on need to be strung up by the galoolies. The Southern Cape has recently had another run in with one of these schemes. Many people are out of work as a result. It has caused serious damage to the insurance industry and harmed those who go about their business ethically and honestly.
It seems to me that the dangerous ones are the ones that involve investments and not so much those that sell a genuine product. (I haven't thought this through properly, just a top of my head observation.)
Anyhow, I am just waffling now.
Thanks for your input. Appreciate it.Comment
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Please go to www.sdl.co.za and check out the offering being made and tell me how this comment of yours can possibly be true. "I am afraid that once you allow money to overcome your morality, schemes like this happen. There is no concern for the consequences to families who are conned out of their savings or children who have to suffer as a result."
How do families get conned out of their savings? How do children suffer?
Experience the financial benefits of communication by becoming a referrer after subscribing to any of the plans above and utilize SDL’s unique referral benefit system.
You can make use of our straightforward online or manual referral system and start converting your network of friends, family and acquaintances into a profitable and passive income stream.
Participation is voluntary.
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Participation is voluntary.
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