Author Topic: Speak Asia Online is Genuine and not a Scam or Fraud  (Read 31659 times)

Sudhakar

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Zee business exclusive about Speakasia online
« Reply #30 on: July 14, 2011, 03:51:52 am »
Zee business exclusive news says:

1). Speakasia will relaunch its business in India
2). Speakasia will launch its new e-shopping website on 10-July-2011
3). Company has spent $30 lakh on its new e-shopping website
4). Compnay will also be registered in India very soon.
5). Company will speak to RBI, SEBI and RoC very soon.
6). SpeakAsia will announce new management very soon.


Source : http://speakasia-online.webs.com/apps/blog/show/7631852-zee-business-exclusive-about-speakasia-online

Sudhakar

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Important Updates From Mr. Narayanan Rajgopalan
« Reply #31 on: July 14, 2011, 03:53:58 am »
Important Updates From Mr. Narayanan Rajgopalan

Dear Speakasians..
 
Mr Narayanan Rajgopalan (Head-Lamarca,Training Centre for Speakasia)
about the latest update.Following were the output of the discussions:-
 
1. Mr Narayanan was very much confident and positive about SAOL.
2. Website will be fully functional by 20 July.
3. Products will be uploaded at regular interval of time.
4. Payouts will get started by last week of july.
5. Might be Those who joined lately will be given preference first for payouts.
6. Lavish office established in goregaon,mumbai.
7. Clerance from Govt soon and PE under process.
8. Tie Up has been done with Mobile service provider (India based)and
Insurance Company(Canada base).
9. Massive Advertisement campagin will be start from 20 july.
10. Business Restart meeting to be held on 17 july.
11.Bank account to be opened by 25 july.
12.By 1st week of August ,the scenario of speakasia will be same as it
was in April 2011..
 
All speakasian eagerly waiting for the payouts and hopefully very soon
we all start our business with glory...
 
Thanks..


Source : http://speakasia-online.webs.com/apps/blog/show/7692964-important-updates-from-mr-narayanan-rajgopalan-

Sudhakar

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SOME GOOD NEWS ABOUT SPEAK ASIA as on July 13, 2011
« Reply #32 on: July 14, 2011, 03:55:57 am »
SOME GOOD NEWS ABOUT SPEAK ASIA as on July 13, 2011

1. 1ST OF ALL THERE IS A VERY GOOD NEWS THAT OUR PE IS UNDER PROCESS.. AND IT HAS BEEN COMPLETED ABOUT 95%.THERE ARE ONLY SOME FORMALITIES LEFT OF SOME SIGNATURES( OF SOME AUTHORITIES AND ALSO OUR CHAIR PERSON HAREN KAUR AS SHE IS BUSY IN MALAYSIA FOR SOME OPERATIONS AT THIS PARTICULAR... TIME) SHE WIL BE AVAILABLE WITH IN 3-4 DAYS AS SAID. AND PROCESS WIL TAKE ONLY 3-4 DAYS AFTER THAT.
 
2.2ND IMPORTANT ANNOUNCEMENT COMPANY WILL KEEP 12 DAYS GAP OF PAYMENT OF OLD AND NEW PENELISTS.. EXPECTED DATE IS 20TH JULY FOR NEW AND 2ND OF AUGUST FOR OLD PENELISTS.
 
3. ABOUT RPS BURNING OPTIONS YOU WILL BE HAVING OPTIONS TO BURN YOUR 100% RPS FOR SMALL PRODUCTS BELOW RANGE OF 15000.. AND 90% CASH 10% RPS FOR BIG RANGE OF PRODUCTS ABOVE 15000 RS COST..% MAY VARY IN CASE OF OTHER BRAND THAN YUG..REMEMBER E SHOPPING IS OPTIONAL FOR EVERY PENELIST.AND YOU EVERY ONE KNO U LL GET HUGE AMOUNT OF CONCESSION ON YUG BRAND ALMOST 40 TO 60%.. YOU WILL ALWAYS HAV OPTION TO GET CASH THROUGH BANK TRANSFER.
 
4 4TH MOST IMPORTANT THING NOW CO WILL LIMIT UR YEARLY INCOME TO 4 LACKS THROUGH BANK TRANSFER. THAT MEANS IF U R EARNING 6 LACKS YEARLY U LLL BE ABLE TO REQ ONLY 4 LACKS,, REST 2 LACKS U HAV TO BURN EITHER THROUGH SHOPPING OR PIN GENERATION
 
5. THERE WIL BE LIMITATION FOR BANK ACCOUNT ALSO.. ONE BANK ACCOUNT CAN BE CARRIED ONLY BY ONE TRIPOD... 4TH ID CAN NOT HAV THE SAME BANK ACCOUNT... AND ONE PERSON WILL BE ALLOWED TO HAV ONLY ONE ID,,, NOW IF U HAV 5-6-7 U HAV TO CHANGE PERSONAL DETAILS OR PROFILES TO OTHER MEMBERS.. ONE PERSON ONLY ONE ID,,, AND ONE PAN CARD, ONE ADDRESS PROOF( PAN CARDS N ADDRESS PROOF WIL BE ASKED IN OCTOBER NOT NOW) PHONE NO AND EMAIL ID WILL BE VARIFIED NW SUDDENLY AFTER PE...
 
6 U WILL GET EDIT OPTION TO CHANGE UR EVERY DETAIL FOR ABOUT ONE MONTH,,,,
 
7 IF SOME ONE IS USING EXIT OPTION. ALL REFERAL INCOME OF THET PERSONE WIL BE MOVED TO HIS SPONSER.
 
8.LASTLY 800 PRODUCT RANGE WILL APPEAR TO U WITH IN 30 COMING DAYS AND DELEVERY TIME WILL SLOWLY GET LESS AS OPERATIONS WILL GET SMOOTHEN...
 
9. OFFICE IN GOREGAO IS READY.. JUST WAITING FOR PE. EVERYTHING WILL BE ON TRACK IN AUGUST
 
SO ALWAYS BE POSITIVE SPEAK ASIANS


Source : http://speakasia-online.webs.com/apps/blog/show/7692990-some-good-news-about-speak-asia-

sajiv

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Re: Speak Asia Online is Genuine and not a Scam or Fraud
« Reply #33 on: July 14, 2011, 04:15:47 pm »
waiting for august 2nd and recently i have uploaded my pics in account verification

Swanberg

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Re: Speak Asia Online is Genuine and not a Scam or Fraud
« Reply #34 on: July 16, 2011, 06:27:18 am »
 ;) ;)Your article great, I really like, after Changlaikankan look forward to your updates!

karthick

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An Important message for SpeakAsians
« Reply #35 on: July 19, 2011, 01:31:13 am »
An Important message for SpeakAsians

"Delay is the deadliest form of Denial"

Them
They never say an outright NO. It is always a MAYBE, or let us consider in DUE COURSE.

Yet, undeniably they have delayed and deferred our ability to continue business as usual.

They have delayed our payments to you, they have delayed our clearance of the products that are to come to you. They have put a spoke into our working by harassing our staff , distributors and panelists and have indulged in an unjust, unfair and malicious rumor campaign that has seriously dented our public image. They have effectively halted the operations of our company.

Who are they? They are a product of misguided thinking, unbridled envy, and a desire to destroy what they cannot build. They do what they do with a clear understanding that their victory lies in imposing impossible delays, so that the enthusiasm, the dedication and the morale of our team suffers. They are a set of people with deadly intent. They seek nothing less than the destruction and permanent stoppage of our business.

They are the opportunity deniers.

They are supported, cheered on and encouraged by certain vested interests like our competitors, some corrupt politicians and unscrupulous NGOs who have jumped into the fray to take advantage of our vulnerability.

Remember : The hunter is always the bravest when the hunted is at its weakest.

This concerted campaign has resulted in several Government agencies deciding to investigate and probe into the affairs of our Company as an honest arbitrator for settling the issue once and for all.

The delays through which they sought to deny earning opportunity to SpeakAsians
We are not in a position to make any payments into India as all payments sent by us to panelists and suppliers have not been credited to them. As a result payments to TVC, our importer for mobile phones used to meet our rewards obligations have been returned many times. Delay and denial.

Accounts of distributors are frozen and cannot be used for making any payments. Block and deny.

28500 Television sets ordered by us as rewards and for sale to the panelists are lying at Mumbai port and we cannot make custom duty payment. Delay and denial.

We are under constant threat due to frivolous complaints lodged by certain interested parties in some locations. Harassment and Denial

Our Company has been brought to a situation where we are not able to move even one inch. Hobble and Denial
Delays that are becoming deadly denials for our business
We are not allowed to pay salaries and other expenses to officials and employees of our Company. Delay, deny and demoralize.

We do not even have freedom to move freely due to the constant threat of arrest on account of certain frivolous complaints. Harassment and Denial

Our application for starting Permanent Establishment (PE) in India has been submitted to the RBI through Bank. We are awaiting the fate of this application. With this being approved we will be in a position to offer an "Exit Option".

The Exit option : Panelists will have a choice to get payment of reward points by TT from SpeakAsia Singapore account or migrate with their reward points to India centric website and continue business with terms applicable for Indian business . Waiting …
Us
We are sure that during their probe these agencies have realized that our Company is working strictly within the laws of the land in both letter and spirit and has been diligently complying with every law. However, in this highly charged environment and constant pressures of various quarters most of these agencies would have found it difficult to give a "clean chit" in writing. We were left with no option but to approach the judiciary and present the facts for a clear decision.

We have got some moral vindication (for instance) the High Court of Hyderabad restrained harassment or arrest of any official or employee of our Company against a complaint made by an NGO (Criminal Petition 5626/2011) . The High Court in Mumbai directed the Reserve Bank of India to give us a hearing to understand our business model "expeditiously" (Writ Petition (L) No. 1365/ 2011 - SAOL & Ors. vs. Reserve Bank of India).

However our operations are still far from being normal and the delays continue.

So, what are we doing amidst this siege like condition- how are we responding?
In the "Them v/s Us" situation the following is what we are doing to right the wrongs, and re-establish as quickly as possible our commercial relationships with our team members, distributors, and panelists.

We have managed to deliver Cars and over 60000 products earned by you as rewards despite this difficult time.

Several new products are being added and will be made available on the website. You can then use your reward points and save on the purchase price of these products or earn commission by making a sale of these and cashing in your reward points.

To ensure this we are taking various legal actions so that we get permission for making payments to you and pay to various suppliers and vendors for rewards and products for website. We expect results and relief from these actions in the coming weeks.

We are moving the highest Court of the land to put an end to the constant harassment of our distributors and panelists by several authorities and to open their bank accounts.
We will not give up. In this fight what will help us is your continued belief in the rightness of our business, your dedication, a little patience and the ability to sift between facts and accusations, between reality and innuendo, between news and rumor.
 
We shall Overcome. We shall emerge vindicated, We shall become victorious. We shall not close down our business in India.

Because no one can deny people an opportunity to earn an Honest Living.

We will deny the ultimate victory to the delayers


source: http://assets.speakasiaonline.com/static_popup/news_17072011_04.html
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Kalyan

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Speak Asia :: Payment release for Panelist from August
« Reply #36 on: July 20, 2011, 07:35:21 pm »
According to reports, Speakasia’s Mumbai Area managers. Some Good news for Speakasians, according to source Speakasia online will have to pay penalty to Goverment of India, due to the violation of Sec 591, after the payment of penalty speakasia will opt for permanent establishment in India.

The Frozen payments are said to provided to the penalist from first week of august. The new payment system will havesome changes according to RBI. The Rules of new payment scheme will be modified according to the regulation of RBI.

The Penalist are requested to have thiere pancards ready by the first week of august. Each Speakasia id holder will need tohave separate pancard for thier accounts.

So, Will this august bring cheers to speakasian

Kalyan

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ROC Report Against Speak Asia Online
« Reply #37 on: July 20, 2011, 07:36:20 pm »

Sudhakar

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speakasia public notice 21 july 2011 in times of india
« Reply #38 on: July 22, 2011, 02:55:16 am »
Speakasia public notice 21 july 2011 in times of india


Sudhakar

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The Bombay High Court verdict about Speak Asia Online
« Reply #39 on: July 22, 2011, 02:57:17 am »
The Bombay High Court verdict about Speak Asia Online

Dear Speak Asians,The Bombay High Court verdict is in favor of Speak Asia Online . Luckily we got the copy of the Case file of petition of Speak Asia in Bombay High Court which actually supports speakasia.Please read this….However, in the interests of fairness an opportunity should be granted to the Petitioners to submit a representation to the Reserve Bank. Sub section (2) of Section 35A of the Banking Regulation Act, 1949 does in fact contemplate the making of such a representation. From the record before the Court it would appear that the Petitioners had sought an appointment by a letter dated 17 May 2011 and pursuant to the request made to the bank a communication was addressed to the Petitioners on 16 June 2011 seeking a disclosure of information. The Petitioners responded on 20 June 2011, but the matter appears to have rested there. We accordingly dispose of this Petition by permitting the Petitioners to place a representation on the record of the Chief General Manager of the Reserve Bank of India who had issued the circular dated 23 May 2011. In the event that such a representation is made, we would expect the Reserve Bank of India to take a decision in accordance with law. The Reserve Bank of India may furnish an opportunity to the Petitioners to explain the contents of the representation in a PNP 6 WPL1365-14.7.sxw meeting which may be convened for that purpose.

Source : http://www.bookmarqueen.com/News/the-bombay-high-court-verdict-about-speak-asia-online/