diportivo:
to Williams Ebimobowei, MMM “is not a ponzi scheme. Rather, it is a community of social welfare of providing help and getting same. They just don’t understand the matrix, hence, the confusion of what they don’t understand.



And someone said this

No wonder the thing will eventually crash

bettercreature:
MMM will never come back alive again
January will be extended to february 13
february 13 will be extended to march 14
They will keep extending it not because of Nigerians but because of Ghanian
Soon as they finish with ghanians,they will freeze it again and head to another african country

anigbajumo:

You will all dance to the tune of shame by Jan....

Genuine MMM men & women....Did your MAVRO added as usual today's, Thursday

cramjones:
As always, I would comment on contemporary issues that affect the Nigerian populace. All for love of Nigeria. Even though I believe that Nigeria as it stands is close to a failed state, we can all do more through visionary leadership to emancipate our country from the cesspit that has gutted it. That said, I have followed closely the MMM phenomenon since it came to my attention, and as it is normal of my analytical mind, I have taken time to study the trend, review historical facts, and all other data available to me. After this review I have therefore, come to the following conclusions on the fate of MMM.

1. For those that are hoping MMM would suddenly resurface in January because the Nigerian planter's wife said so in a note, are definitely setting themselves up for depression. Nothing of such would happen. This is the deal, MMM is not an investment it is a gamble. The money is only redistributed therefore the system would crash when two conditions occur - something that has already taken place - and these conditions are as follows:

-When new comers or "help providers" exceeds those who want to receive "help" it sets the stage for a crash

-When those withdrawing exceeds a critical amount needed to keep it rolling regardless of the number of people joining, then the system would crash.

I believe these two conditions have been met. Christmas time is a time no one wants to give money, rather they want to be helped, with the overwhelming withdrawals that far exceeded the "help providers" the system had to be shut down, because money does not grow on trees.

2. If MMM ever have a blinker to open, which I doubt very much in January as stated in their later, there would be a state of panic withdrawals, and there would be sharp decline of the new people that would have otherwise joined. This panic withdrawals, would lead the MMM handlers to shut it down completely and take with them whatever is left of the system.

3. The other reason MMM had to shut down early December is more likely than not to ensure maximum "cash outs" by the handlers. At this time there is an all time high of money in the system because people put in most of what they had to ensure they get good cash for the Christmas, this high would not happen any other time of the year, so this was the best time for the handlers to cash out big, and I believe they already did.

Finally, the MMM phenomenon further shows the failed system of Nigeria. This system only flourishes in this magnitude in failed countries. It thrived in Russia during the collapse of the Soviet Union, failed Zimbabwe, thrived in failed parts of South Africa, like Soweto. People have lost hope in any decent labor or lack of jobs thereof. Other are greedy and sometimes plain dumb.

Good luck to everyone "waiting" in trepidation to get help. I wish you luck.

God Bless the Federal Republic of Nigeria

-CramJones

5starmilitant:
Now everyone that participated in MMM is complaining except the first guider. Even my friend that bought lexus 330 with money from the Scheme, is still complaining.


So where are the people that benefited?

Kakamorufu:
yup

Adebiyifunsho:

pol23:
My money dey dia oo...
make una stop all this FG excuse.
January...come quick..
I hope ain't gonna be here waiting forever.
whatever happens ,I dey gidigba.
And If it start running, I dey do am dey go.

rozayx5:


i never did MMM
not a fan of ponzi

but at least it helped my struggling relative who lost his bank job .... to offset 3M bills for his rent and kids schools fees and have 1m left ...

so overall it helped a lot of people. but the extra greedy ones who got caught in the freeze are the ones who are biting their fingers

DropShot:
Liars!

This is complete bull crap.

Firstly, you say it was frozen because of govt interference. But you had earlier boasted the govt opposition to the scheme would only make it wax stronger and more successful. You equally said since you have no physical structures, and that members don't pay into any MMM's accounts, there was no way the govt could arrest or stop you from doing it, which we actually accept. So, how come govt is a reason for the freezing?

Secondly, you say there was "excess panic" before the freezing; and in your all-knowing unrivaled sense you think the right thing to do was to freeze GH accounts! Doesn't this action worsen the panicky situation?

If those of you taking part in this madly insane scheme like, take heed, if you like don't take heed, the FACT is that the ponzi scheme is not sustainable and it will SURELY CRASH. It's a matter of WHEN and not IF.

If it happens that your account gets unfrozen by January, just find a way to get out with your money and sanity intact before you're driven to suicide.

I don talk my own ooo.



Just as it helped your relateive, it's same way some others elsewhere whose money went to your relatives are crying.

The scheme is like rubbing Paul to pay Peter.

martineverest:
foolish people.they didnt blame fedral govt when they were collecting ppl's money.

I blame greedy,gullible,credulous and criminally-minded nigerians for their stupidity

Mboi2:
MMM is still on and has not crashed. If your money is up to 30 days you will get your money. Sorry for all those that are rejoicing that it has crashed. Federal Government and Banks are the people behind this spread of fake news about MMM crash. someone said his friend bought RX330 with MMM and now it has crashed. I now ask, is it because ur friend bought 330 and u were not able to buy thats why you want MMM to crash. Those into MMM knows nothing has happened.