I know I am going to make front page with this. As some one had pointed out, the password these days to front page is the magic word MMM.

I know a lot has been said about MMM. I just felt like adding my own maggi to the soup.

I think the administrators made a grave mistake by freezing accounts in December. Though one could understand the motive behind the move. They were trying to 'save the victim from bleeding to death' . They didn't consider stopping the bleeding at first before treating the wound.

I believe the so called GUIDERS killed the system. They were getting too much from contributing next to nothing. GUIDERS were no longer PHing. They were just milking the system without providing help. The reward system for GUIDERS for me is astronomical. It should have been checked.

Huge withdrawals by GUIDERS stiffened the system and so this created a domino effect. PH were matched earlier than usual. Peeps who had anticipated that their GH would come earlier than PH were put on the run when GH came earlier. This led to uploading of fake payments. Everything and everyone were getting stuck.

The administrators did not help a matters too. Communication was poor, ambiguous, unconvincing and demoralising. Regular, concise and clear communication would have helped with participants' confidence. The gave the media and antagonists the weapons to attack.

BEST WAY FORWARD

I believe the system can still be sustained and not crash as a lot are expecting.
I think the administrators should come out and provide information.
The best way I think will help is this:
Everyone who has funds in the system should provide help before he or she can get anything out.
Also,when GH, the participant will only get his full PH plus interest, and a certain percentage of the previously frozen macros, say like 10-15%. That way, people will continue to PH and get their monies out gradually.
The system will be sustained this way. And by the time the previous macros are withdrawn finally, confidence would have been substantially restored.

I am a participant. Though I have less than 100k in the system but I loved the MMM concept. Quite fun and lucrative. I wish for it to continue. I know I speak the mind of some.

Thanks for reading my humble opinion.

You are still lost my brother if you are thinking that MMM will ever come back to live. MMM is born to die young and that has just happened.
in as much as there is no central account and MMM does not invest the pool of fund in any profitable business but go about giving 30% profit on capital within 30days, MMM will die 100 times if it is introduced in 100 countries.
if A, B and C contribute 1000 each into a purse with the hope of getting 30% at the end of the month and eventually A and B withdraw 1300 each at the end of the month, if no new person agreed to bring in money, C will be loosing 600 of his capital aside his expected interest. even if someone paid in so that C can get his capital and interest, a reasonable person should know that the more new people bring in money to be shared, the more the debt increases and one day it will be exposed when new members are not available to bring in fresh money.

2TC

U pple wont just accept dat dis mmm scheme is dead and move on with ur lives.

Ntasi obi ndi no na afufu

...... Mmike

U not making front page with this shiit





If this hit FP I swear Jesus is gonna wept

U will make front back page... O sure ju

Honestly i wish mmm isnt dead but thats not true, its dead and buried the only thing people should worry about now is another bigger scam from these people .....They have your bank details, emails, phone numbers etc. Which I think they will sell later to people who will SPAM, CoLD CALL, STEAL YOUR IDENTITY, HACK YOUR ACCOUNTS


You can't change a world without adding value.
God bless Nigeria

The more i looked, the less i saw that there is something wrong with us ,nigerians. Where are those values we so much treasure,? Dignity of labour, honesty, integrity,.. . .. . . Is there any hope for this nation?

FP loading....

@seuncyrus just made a valid point.......mmmites, ur bank details and personal info r now in the hands of some people.......becareful...oooh, i wont want to hear anymore sad news.

cut ur loses and move on......where or who would pay help now