OPEN LETTER TO SECURITIES AND EXCHANGE
COMMISSION (SEC).
MMM Nigeria is no scam.
MMM Nigeria is not a ponzi scheme as you claim it is.
MMM does not have a central account to store up peoples' money.
MMM does not receive money from participants.
If MMM is actually using peoples' money to pay the other,then ; have you ever thought of how the
creator of the platform benefits ? because this money is being paid directly into participants local
accounts by other participants so, who is scamming who ?
In another instance, you used the word lure. I want you to understand that there are terms and conditions and that every participant is able to
read and write as the system is completely internet based. I put it to you that participants are required to read and agree with this before
signing up so nobody is controlling anybody's mind up here.
We are no fools, we seek financial liberation.
The (SEC) says MMM does not have a tangible business model and its not registered with them.
"CLASSIC"
I see where all this blackmail is coming from.
MMM ended up threatening your financial houses with a superb package so you want a share of the dough, that is what all the noise about not
being legitimate is for.
I hear you're up and about (SEC) going viral on the state of MMM. Advising investors to distance themselves from MMM or bear the risk(s).
Thank you o! we already know that and as a matter of fact, risk bearing has become a household name in this never do well country.
Now lemme school you a little bit, our country is in a sorry state. If you must advice anybody or do something, please look elsewhere. There are
quite a lot out there to fix in other to change or remedy the situation of our useless economy.
MMM is not the cause of the crumbling Nigerian economy, it is rather people like you who continually feed fat on public funds and tax payers
money.
To cap it, the SEC might want to go f**k themselves but MMM is here to stay.
#gotsomebrain
#Allinvestmentisrisk
#MMMpays

*MAVRODI MONDIAL MOVEMENT (MMM)*

LIKELY QUESTIONS AND ANSWERS.

*1.Meaning of MMM?*
• Mavrodi Mondial Movement

*2. Function and duties of MMM?*

• MMM gives you a technical platform which helps millions of participants worldwide to connect those who NEED HELP to those who are ready to PROVIDE HELP, for FREE.

*3. Purpose of MMM?*
• To reduce and break the chain of slavery in financial institution where depositor are being enslaved by their own money, where bankers lives large and healthy on our deposit while depositors lives on credit and loan.
• To reduce stratification and reduce wide gap between the Rich and the poor indiscriminately.

*4. Who is behind it?*
• Sergey Mavrodi

*5. Is mmm legal?*
• There is no law backing donation as illegal. So, it’s legal to donate to one another

*6. Is your money guaranteed?*
• There are no guarantees and promises. Neither explicit nor implicit.

*7. What does the initiator gets in return?*
• Loyalty, money from traffic (over 2 million people access the site in a day)

*8. How is the community managed?*
• From money got or raised from the traffic
• They also continue to PH and GH

*9. Who manages it and where does the money comes from? Site subscription etc.?*
• The community is managed by continuous PH and GH that is, YOU and ME which guarantees the number of traffic per day

*10. Where does the 30% comes from?*
• It is gotten from the donations made by the community. For instance,
Titi deposited #1,000,000 in the bank while Tola, Bola, Tunde came to withdraw their savings of #200,000, #150,000, #500,000 respectively meanwhile, an interest of 1,000, 1200, 2500 respectively was added to their money after it has lasted for more than 2months in the bank.
So, Titi’s money was used to pay the 3 of them regardless of ‘WHO, WHEN and HOW’. This implies that both interest and capital received are from the deposits made. Only in some exceptional case where money are fixed for a long time.
So in MMM it’s similar, all rewards comes from continuous PH and GH.

*11. Where does the referrer bonus and registration bonus comes from?*
• Referral bonus comes from continuous PH while registration comes from traffic fund generated daily.

*12. What happen if I GH or we GH and refuse to PH due to fear of insecurity or unguaranteed?*
• When few members refuse to PH after GH.
I. It might not have significant or No effect on the community because of no’s of active PH everyday locally and globally and new members joining each day( Presently over 3000 register each day in Nigeria alone)

*13. What is the probability of members Phing back there already GH?*
• Money GH has over 98% of returning back as PH immediately after GHing, Do they have any reason not to whether part, full or more of their initial GH.

*14. What are the difference and similarities in MMM and other financial institutions apart from No acct, etc.?*

*DIFFERENCES BETWEEN MMM & OTHER FINANCIAL INSTITUTIONS*
a. MMM like a bank (More of Virtual banking) but not a bank.
b. MMM don’t collect money form members into a central account but Bank does
c. MMM can successfully project No’s of participate per time joining or will join but Bank cant
d. MMM can successfully project No’s of participate who will PH per time but Bank can’t determine no’s of depositors per time.
e. MMM gives reward 30% (fixed) regardless of status or Amount PROVIDED while Banks give interest 2-15%(unfixed) determined by status, amount, duration etc
f. Money GH has over 98% of returning back as PH immediately after GHing, while Bank has less than 10% of withdrawers returning as deposit even in over 3 month of withdrawing.
g. MMM can operate successfully with available participant till eternity while banks can’t.
h. MMM don’t trade, Invest, or save your money but Bank does.
i. MMM is meant for risk takers but bank could either ways.
j. MMM can maintain its members till eternity without No new members joining if we follows the rules but Banks get a replacement for every money withdraw per time with new deposit or new customers
k. MMM is based on trust, sincerity and charity while bank is based of deposit and profit.
l. MMM gives over 30% reward while bank gives you no interest or little in 30days.
m. When one or two participant stop to PH after GHing it has little or no significant because we have over 300 million participant globally with over 3000 Nigerian per week who Join newly while bank start having serious problem when you withdraw without deposit.

*SIMILARITY OF MMM & BANKS*
a. MMM gives reward 30% (fixed) while Banks gives interest 2-15 %( unfixed).
b. MMM gives referral bonus of 10% fixed to members while Bank gives 2-10% unfixed commission to marketer (contract staff).
c. MMM is in over 118 countries in 5 years of existences in almost all the villages, towns and cities of all the 118 countries with over 300million( far more than the entire population of Nigeria) while bank is only in major towns, cities of it resident

*15. How secured is the community from external force?*
• Very secured if we keep to the community rules and regulation all the time.