First of all, let me on behalf of the entire committee; CONGRATULATE the entire Speakasian family on the “EXIT POLICY” announced by the company’s website: http://www.speakasiamarketing.com
There have been various questions raised by many panelists on the methodology of the EXIT OPTION and its implementation. Let me explain the entire process as I understand it.
I draw my information from the official communication of the marketing team dated 5th September and 9th September, 2011 and from the Exit Policy Document as posted on the new website of the company.
First and foremost I wish to put to rest any debate or doubt raised on the authenticity of this initiative. I place on record that this blog and now the website both these platforms are indeed the company’s (SAOL) initiative and we should not doubt this in any manner. I and Mr. Bahirwani have both confirmed this fully and we are both sure that this is indeed a company initiative and there is no doubt about this.
The company’s communication from the above referred documents is abundantly clear that this is an exercise by the company to gather information from the panelist’s on their intent to exit so that once the banking channels are in place these EXIT OPTIONS can be processed and cleared without any further delay.
Pertinent to note here, and allow me to draw your attention, to the fact as mentioned in the second last para of the EXIT POLICY document and I quote “(Alternatively the company is also actively exploring the possibility of transferring the total amount along with the list of recipients to either a designated court in India or a competent authority that the court may wish to appoint for this purpose.)” end quote.
This shows the resolve of the company to ensure the payments to its panelists at whatever cost and through the fastest available route.
Is this the action or response we expect from a company on the run?
No, this is the response from a company who is very clearly here to stay and grow along with its panelists. The intention and resolve of the company is crystal clear for all to see. With this EXIT OPTION the company has put to rest all doubts of its genuineness.
I now attempt to explain the POLICY.
a) Panelists who have not earned any RP’s what so ever can exit from their association with SAOL and get the entire subscription cost of Rs. 10000/- or RP 200 refunded to them in full into their banking account as registered with the company.
b) Panelists who have earned some RP but have not encashed any RP will also get the entire subscription cost as mentioned above.
c) Panelists who have earned RP’s and have encashed part of their RP’s will get refund of their Subscription less the amount encashed either by way of direct cash requests or through generating Pins etc.
d) Panelists who have generated revenue more than their subscription cost are welcome to participate in SAOL website, since their participation has earned them RP's more than their subscription cost. They can now utilize the RPs for various revenue generating activities of the company once restart of SAOL activities are allowed in India.
I hope I have been able to clarify any doubts about the “EXIT POLICY”
Proud to be Speakasian
Melwyn Crasto,
President
AISPA
