What is wrong with this set of ppl , APC. NSE, CBN............... well for me i don port ooooo.......from APC, NSE, and CBN to MMM........... In case APC want to help themselves or CBN want to join they can wasapp me now on 08090621842......i will keep it secret for them oooo
Betapikin101: The question is where is that 30% increase coming from from whose money since the person u are helping and who will help u are both bringing the same amount
The help you are rendering contains the 30%. You are providing help of 30k to someone who has requested for 30k which includes his capital and his own 30% interest.
In a nutshell, the 30% is generated within the community. The only thing that can shutdown MMM is panic and if PH is less than GH.
Until then, let CBN and the doubting Thomases keep ranting like fools. MMM's servers are not even located in Nigeria so who cares.
I'm still getting paid. And even if it would crash, we are ready to crash with it. Ride or die!
djblue007: just fold your arms and watch us take the risk while recession ravages the land.
There is no recession in the land. Get that into your head. If can not tell me how your company makes 30 percent legitimately, then your business is for a while. For your information, I am a network marketer. I know what I am saying. It is left for anyone to make his or her decison
You can see ignoramuses, how they are defending a system that is guaranteed to fail. No one has successfully answered the question of where the 30% interest will come from. They are all dodging the answer. Whatever a man sowed, that will he reap. Hope this MMM will not lead to the calamitous end of many.
you are wrong, MMM system will send their account numbers to a large number of members to pay huge sums then shut down and withdraw the money from that account.
just pray you are not among the last batch that will suffer this.
Until u r able to show me one single country that MMM has swindle people's money,and people cry fowl notify me bt until then,long live MMM
Why are we in recession.....oil price drop..yes...NDA...yes...corruption..yes...TSA...yes....APC fault...yes but Jonathan brought us into the mess yes...but what about our greed....we blame buhari for tsa hurriedly asking banks to remit govt money with them to CBN...Forgetting that banks survive more on public and private funds...How many people have noticed most banks and finance firms are not recruiting?...Why...no money right...Banks are sacking on a monthly basis and they will continue to...unemployment will soar higher while we are still in recession...govt withdrew its funds from commercial banks and we too are doing so in the name of helping others by MMM....Let us be wise Nigerians...we need money but if 9ja economy is to survive we need banks to keep functioning right...public sector expenditure isn't higher and recession is hitting us hard....if we keep paying to each other the way we are doing, d economy will keep going down..Government alone can't do this, why are foreign banks were our looted money are stored not willing to send it bank on time...because the money is running their own economy....Note for every person sacked, more than 5souls are dependent on them...MMM is not a scheme to financial freedom...its a scheme to eventually widen the gap between the rich and the poor if you truly understand it....let help our banks rise up again so that they can help private individuals and our economy back....am not a banker...am even looking for a job so don't think am promoting a bank, am just advising the wise ones among us, we need our economy back and running...but MMM is not the way forward
Depends on what is dying with them
I started with 10k
Now am making over 200k per month
Then is it my 10k that will die?
I have invested in so many places with mmm money
So what is dying
MMM generates money I use to build investments
toluxa1: Watch this Video to really Know what MMM is all about. Discard the deceit and lies that SEC, CBN and all these oppressors that will rather you remain under financial constraint spill. This warning is definitely not talking about MMM so I wonder why they put MMM there. If they are, then it's such a shame that they can release such a report based on an incredibly high level of ignorance of how the system even works. None of the well over 600 thousand members of MMM has ever deposited N1 to MMM, MMM doesn't collect your money.
Where has CBN been when MMM has been changing lives. Where have they been when MMM has been spending millions in charity? Yeye people
Rice, Bobo and toilet Roll. very funny. You can that giving out.
THE MYSTIFIED 30% How to understand it.
Its important you all understand this concept so much that you can easily explain it to others.
Let's look at it from this practical point of view,99% of us here have bank account. Right? Good.
We put our money in the bank because we Trust its safe there What do u think is the % of people who put their money in Banks?
Do you know How many % of people in Nigeria has an account with First Bank?
Yes you guess right!
Let's say 70% of Nigerians.
That's about more than 50million Nigerians. And Among these people are
The Poor Middle class and Business men Companies
Among this set of people are those who deposit their money in bank at different intervals and different amount.
Right?
And they withdraw at different intervals and different amount.
That means If you deposit 200k Another person deposit 1million,Another deposit 2k,Another deposit 500k,Wenever you are withdrawing your 200k, Someone's elsewhere is depositing a huge amounts. To supplement ur 200k withdrawal. And this circle continued on and on. And becos of the population of people using the bank and different set of cash and different time of deposit and withdrawal
There is 100% chances that you must get your money withdrawn whenever you need it.
Anytime u go to bank to withdraw money That's the principle MMM is also using Its called Crowd Funding,The power of crowd funding, Banks And all financial institutions use the principle,That's is why the owner of this Banks are filty rich.
Where do you Think Bank Gets money they loan out ( Yes our Money) You evidently give bank your money when you and all those who have account with the bank Crowd Fund(Deposition Remember I want to make this more practical.
Look at this illustration, illustration U have 1million naira,U went to the bank And put it in a fixed deposit account With interest of 12% per year. U are happy As u leave the bank
The business man comes And request to use ur 1million for biz Same bank charge him 35% He agreed Went to do biz wt ur money And make profit
Pays d bank Ur 1million +35% At d end of d year U came and collect 12% Who is the fool among the 3?.
And who is the king?
They all get paid But one of them is the king. The Bank The B A N K.
Now the bank collects our money. And loan it out To bizness men And make lots of money to pay d staff And enrich his life What happen to u d depositor.U get Nothing Not even 1% of ur deposit.
Now MMM says No.Because of this unfair financial system.Sergie Mavrodi,Thought it necessary to look at d financial system and realized that, Banks survive because of the continues deposit and withdrawal of cash,At different intervals And because of the population of people who have an account wt d bank. Sergey Mavrodi decided that even bank with that principle can even give us 50% of our money monthly but they won't do it
. The principle of crowding funding enable the bank to even give us more interest on our money monthly and nothing will happen.But because of the unfair financial system in place dey will never do it.
He realized that if we can come together. Like those population with bank account example I gave earlier .If We can copy the same principle bank and financial institutions use to flouish We can do a lot .
All it takes is just the Redistribution of cash flows. And the IDeology in MMM.
The system provides that redistribution.And with a great community with same goal and mindset it can be achieved.
Are u guys getting where am heading to?.
because people deposit at different times Banks lives on
.because people PH in MMM different times. MMM lives on
because people wifhdraw in bank different times. Banks Lives on
.because people GH in MMM different times. MMM lives on
Because of the influx of PH and GH regular PH and GH there will always be 30% to Pay to everyone .
Because of Regular Deposit and Withdrawal at different times and different amount there must always be money to withdraw in banks.
What if everyone match to bank and withdraw their money same time same day what do u think will happen?
Bank will collapse Same thing in MMM
If every one GH at the same time MMM won't stand for long.
So its our responsibility to keep this community strong thru regular PH and GH. The same principle Holds Bank and other financial bodies
*****************
How does it Work
You know about the popular word 'Contribution' where people contribute money to one person and there's a book where everyone's name is written. When it gets to your turn; everybody's money is given to you....
In MMM, we make pledges to donate our SPARE money to members who need the money. We do so by logging into our MMM account (Personal office) to make the pledge. We join the queue of people who made pledges after making the pledge. We ONLY make pledges. We don't gather our pledges to give to one person. In MMM there is no CENTRAL ACCOUNT (No bank account where all our pledges are paid into). Members transfer money directly to each other.
Now, if a member in the community who has already made a pledge to provide financial help to another member and has fulfilled his pledge now needs help, he does that by logging into his MMM account (Personal Office) to say so. The system, connects him with the person in the queue for providing help. If it's your turn on the queue to provide help; when you log into your Personal Office, you will receive the details of the person to provide financial help to.
As soon as you pay the money directly into the person's bank account who needs that financial help and that person acknowledges he has received the money, you are now qualified to receive help.
You then log into your personal office to ask for financial help. Someone/people in the queue who's turn it is to provide help will be assigned to pay you 30% of the donation you provided + the donation money itself. Where does 30% come from?
There is no interest rate in MMM. In MMM after you donated money, you can be rewarded with mavro. It is an index of your tributue to the development of the Community. This index grows 30% a month. It is just a technical issue. Programmers can adjust this growth rate of mavro at any moment. The amount of mavro and its growth rate can be decreased, increased, stopped, cancelled. The amount of mavro and its growth rate can be adjusted at any moment to balance PH (Providing Help) and GH (Getting Help). That's why MMM can't collapse due to weak inflow of donations. If the inflow of donations will decrease, the amount of mavro will be adjusted, but the main important that the process of donation exchange will not stop. It makes MMM stronger than the financial organizations. Financial organizations have obligations, if they do not meet them, they will go bankrupt. MMM is very flexible. No matter what will happen, people will provide and get help.
Boleyndynasty2: One thing i still don't understand about this MMM is how they make the 30% they give everyone. Cause even people who ask for help don't pay back with interest so how do they make profit and also get 30% to pay everyone?
People have been telling me about MMM but I still can't get my head round how everyone gets 30% at the end of the month. 30%!!!! Wow! People may be making money from it but I'll just keep my money in my account until I have something reasonable to do with it.
Bro has he come to borrow money from u do participate in mmm. Y can u shotdown ur mouth n remain silent n poor forever. Mmm did d only change we see in dis country. Long live mmm.
You will not hear now. Hope you will still be shouting "long live MMM" when ur money dies with them.[/quote]
You people will not listen Now, when the Casala Busts, you go come dey cry --- Where is MMM getting the 30% they're promising you? why are people not using their brain when it comes to money?
Morever MMM put strong CAVEAT on their website but people will not listen.
Go thru d sight and read d ideology then u wil knw whr d 30% comes frm all d attack against is coming frm financial institutions who stand d shortage as long as MMM kips running,d unjust financial system has been in the bud by Mavrodi Mondiall System and that is why they r all crying d reason for d attack on MMM IS nt far fetched,d system is worth it,nobdy attacks a worthless thing
You people will not listen Now, when the Casala Busts, you go come dey cry --- Where is MMM getting the 30% they're promising you? why are people not using their brain when it comes to money?
Morever MMM put strong CAVEAT on their website but people will not listen.
Go thru d sight and read d ideology then u wil knw whr d 30% comes frm all d attack against is coming frm financial institutions who stand d shortage as long as MMM kips running,d unjust financial system has been in the bud by Mavrodi Mondiall System and that is why they r all crying d reason for d attack on MMM IS nt far fetched,d system is worth it,nobdy attacks a worthless thing
Financial institutions you said are the ones running our economy...have friends too that have made a lot from MMM...But to be sincere with ourselves we are killing our economy more than APC is doing....No jobs....No money...Sacking everywhere...no salary....all circles round d fact that our financial institutions don't have money....
Nigerians are naturally known to b smart hence I wonder why people are falling for this scam. I guess greed has blinded some people. Instead of putting their money in productive ventures people are investing in this scam Una eyes go soon clear .
Well... it's very simple...MMM is a donation scheme and no one ever force another to donate...it's a free will. But lest I forget... Where was CBN wen the naira was crashing against Dollars? Where was CBN wen bank workers salaries were slashed by 50%? Where was CBN when the economy was undergoing recession? Where was CBN? The truth is...MMM is not a bank...it's a mutual aid community Whr the members donates money directly into each other's bank account. MMM is not a Ponzi scheme because in Ponzi scheme only the new members get to pay...but in mmm both the old members and new members PH. MMM gets its 30% bonus by 'crowd funding' the same way banks collect money frm MMM depositor to pay a withdrawer Mmm is real! I bless God...I'm a living testimony... My last GH was close to 500k with just my 300k donations.
Funny enough, I have sum CBN staffs, SEC staffs and couple of bankers in my team To crown it all...just 3weeks ago,a mmm participant was matched with a senator to PH to him...so what are we talking about. All this are just distractions...MMM is the members! MMM is you and I.
If you still have more questions, chat me up via 08092414515 I'm a living testimony... Cheers! Follow your heart
Freelancer2015: Have you wondered how MMM pays its staffs and maintains their dubious company along with their website? Even if a staff of MMM should once in a while give you his savings account to deposit your funds and then use other participants to return your money with 30% profit, can you tell? Nobody will start up a company without a view to making profit. When MMM crashes, billions will be lost.
Although, Nigeria on thr other hand has made life so difficult for the masses and people can't help but participate in this MMM.
POINT ME ONE SINGLE COUNTRY OVER D YRS THAT MMM HAS DEFRAUDED THEN COME BACK TO UPDATE ME. THEY CONDEMN MMM YET THEY PLAY AND PROMOTE NAIRABET,THEY EVN GRANT THEM LISENCE. YEYE PEOPLE
toluxa1: Watch this Video to really Know what MMM is all about. Discard the deceit and lies that SEC, CBN and all these oppressors that will rather you remain under financial constraint spill. This warning is definitely not talking about MMM so I wonder why they put MMM there. If they are, then it's such a shame that they can release such a report based on an incredibly high level of ignorance of how the system even works. None of the well over 600 thousand members of MMM has ever deposited N1 to MMM, MMM doesn't collect your money.
Where has CBN been when MMM has been changing lives. Where have they been when MMM has been spending millions in charity? Yeye people
Its important you all understand this concept so much that you can easily explain it to others.
Let's look at it from this practical point of view,99% of us here have bank account. Right? Good.
We put our money in the bank because we Trust its safe there What do u think is the % of people who put their money in Banks?
Do you know How many % of people in Nigeria has an account with First Bank?
Yes you guess right!
Let's say 70% of Nigerians.
That's about more than 50million Nigerians. And Among these people are
The Poor Middle class and Business men Companies
Among this set of people are those who deposit their money in bank at different intervals and different amount.
Right?
And they withdraw at different intervals and different amount.
That means If you deposit 200k Another person deposit 1million,Another deposit 2k,Another deposit 500k,Wenever you are withdrawing your 200k, Someone's elsewhere is depositing a huge amounts. To supplement ur 200k withdrawal. And this circle continued on and on. And becos of the population of people using the bank and different set of cash and different time of deposit and withdrawal
There is 100% chances that you must get your money withdrawn whenever you need it.
Anytime u go to bank to withdraw money That's the principle MMM is also using Its called Crowd Funding,The power of crowd funding, Banks And all financial institutions use the principle,That's is why the owner of this Banks are filty rich.
Where do you Think Bank Gets money they loan out ( Yes our Money) You evidently give bank your money when you and all those who have account with the bank Crowd Fund(Deposition Remember I want to make this more practical.
Look at this illustration, illustration U have 1million naira,U went to the bank And put it in a fixed deposit account With interest of 12% per year. U are happy As u leave the bank
The business man comes And request to use ur 1million for biz Same bank charge him 35% He agreed Went to do biz wt ur money And make profit
Pays d bank Ur 1million +35% At d end of d year U came and collect 12% Who is the fool among the 3?.
And who is the king?
They all get paid But one of them is the king. The Bank The B A N K.
Now the bank collects our money. And loan it out To bizness men And make lots of money to pay d staff And enrich his life What happen to u d depositor.U get Nothing Not even 1% of ur deposit.
Now MMM says No.Because of this unfair financial system.Sergie Mavrodi,Thought it necessary to look at d financial system and realized that, Banks survive because of the continues deposit and withdrawal of cash,At different intervals And because of the population of people who have an account wt d bank. Sergey Mavrodi decided that even bank with that principle can even give us 50% of our money monthly but they won't do it
. The principle of crowding funding enable the bank to even give us more interest on our money monthly and nothing will happen.But because of the unfair financial system in place dey will never do it.
He realized that if we can come together. Like those population with bank account example I gave earlier .If We can copy the same principle bank and financial institutions use to flouish We can do a lot .
All it takes is just the Redistribution of cash flows. And the IDeology in MMM.
The system provides that redistribution.And with a great community with same goal and mindset it can be achieved.
Are u guys getting where am heading to?.
because people deposit at different times Banks lives on
.because people PH in MMM different times. MMM lives on
because people wifhdraw in bank different times. Banks Lives on
.because people GH in MMM different times. MMM lives on
Because of the influx of PH and GH regular PH and GH there will always be 30% to Pay to everyone .
Because of Regular Deposit and Withdrawal at different times and different amount there must always be money to withdraw in banks.
What if everyone match to bank and withdraw their money same time same day what do u think will happen?
Bank will collapse Same thing in MMM
If every one GH at the same time MMM won't stand for long.
So its our responsibility to keep this community strong thru regular PH and GH. The same principle Holds Bank and other financial bodies
*****************
How does it Work
You know about the popular word 'Contribution' where people contribute money to one person and there's a book where everyone's name is written. When it gets to your turn; everybody's money is given to you....
In MMM, we make pledges to donate our SPARE money to members who need the money. We do so by logging into our MMM account (Personal office) to make the pledge. We join the queue of people who made pledges after making the pledge. We ONLY make pledges. We don't gather our pledges to give to one person. In MMM there is no CENTRAL ACCOUNT (No bank account where all our pledges are paid into). Members transfer money directly to each other.
Now, if a member in the community who has already made a pledge to provide financial help to another member and has fulfilled his pledge now needs help, he does that by logging into his MMM account (Personal Office) to say so. The system, connects him with the person in the queue for providing help. If it's your turn on the queue to provide help; when you log into your Personal Office, you will receive the details of the person to provide financial help to.
As soon as you pay the money directly into the person's bank account who needs that financial help and that person acknowledges he has received the money, you are now qualified to receive help.
You then log into your personal office to ask for financial help. Someone/people in the queue who's turn it is to provide help will be assigned to pay you 30% of the donation you provided + the donation money itself. Where does 30% come from?
There is no interest rate in MMM. In MMM after you donated money, you can be rewarded with mavro. It is an index of your tributue to the development of the Community. This index grows 30% a month. It is just a technical issue. Programmers can adjust this growth rate of mavro at any moment. The amount of mavro and its growth rate can be decreased, increased, stopped, cancelled. The amount of mavro and its growth rate can be adjusted at any moment to balance PH (Providing Help) and GH (Getting Help). That's why MMM can't collapse due to weak inflow of donations. If the inflow of donations will decrease, the amount of mavro will be adjusted, but the main important that the process of donation exchange will not stop. It makes MMM stronger than the financial organizations. Financial organizations have obligations, if they do not meet them, they will go bankrupt. MMM is very flexible. No matter what will happen, people will provide and get help.
What the adocates have failed to explain is how the system generate the 30% that it pays out.
Even the economy isn't growing 30%
On this, I will gladly pass!
As vast as i am in e-commerce i still dont understand the module operand of MMM but even if it will crash someday i guess it must have helped many people and that is fair enough.
As for central bank please let them go and die because they have failed Nigerians woefully.
Boleyndynasty2: One thing i still don't understand about this MMM is how they make the 30% they give everyone. Cause even people who ask for help don't pay back with interest so how do they make profit and also get 30% to pay everyone?
MMM has no central account and as such not the one paying you. Other members pay when you need help
For example;
You indicate you can Give Help of 40k (Based on your risk level). Someone who Helped someone else with about 30k before you pledged will request help of 40k You will give that person 40k while you also wait to request Help of maybe 52k Someone else (more than 1 person in some cases) waiting to provide help is informed to pay you
to PH to him...so what are we talking about.