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Speak Asia Online is Genuine and not a Scam or Fraud

Started by Sudhakar, May 15, 2011, 12:20 AM

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Sudhakar

Controversy couldn't stop Speak Asia

Aug. 02, 2011.

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Aditi Taman

SpeakAsia, one of the largest online paid survey is been regularly hitting the headlines for its duping scandal. Even the Star India has one of its own online survey businesses. Star News breaks the news of Speak Asia survey. But, according to sources, SpeakAsia was major threat to Star India online survey hence the news channel conducted a sting operation to tarnish the image of SpeakAsia and hit its investors. Publicising mode of SpeakAsia was not that strong at the beginning but it could pull up enormous business for itself and Star India couldn't replicate the same. This was the logic stated for doing sting operation.

Investors didn't become insecure while investing money into SpeakAsia online survey. Despite the controversy, there are numerous investors that are willing to invest with SpeakAsia and waiting for company to come out of the controversy.
Nishant Sikand, one of the investor said, "This propaganda is done by media. I am damn sure there is some fishing inside and there are political involvements in this issue. I don't find anything wrong here."
Whereas, another investor, Rahul Wana is willing invest more money in this survey. He said, "I will support Speak Asia till my last breath.... I don't know much about Kirti Somaiya. Maybe he has some hidden agenda against SpeakAsia as the firm's growth was unstoppable."

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In May, Kirit Somaiya, president of the Investors Grievances Forum in Mumbai, filed a complaint with the EOW of Mumbai Police against Speak Asia claiming to have received several complaints from consumers related to fraudulent business dealings among other things.

Three years ago, NDTV hit the same story on Star India online survey. During that time Kirit Somaiya didn't voice out against Star India. RBI claims that the company is blacklisted but yet the firm continues to carry out business with 20 lakhs consumers.

Vishal Verma said, "SpeakAsia is genuine company and not a fraud organization. But the news channel has been indulging in false propaganda against SpeakAsia. After sometime I lost respect for this news channel.
Not only layman has invested but also companies like ICICI and BATA had paid to do survey with Speak Asia for them. Neither any consumer has come forward to lodge complaint or any political party nor media house have intervened into this matter before the sting operation was performed.
Chandresh Bisht, one of the panelists at the SpeakAsia said, "SpeakAsia has provided job to many unemployed people. If the firm halts its operations in India, then Indian government, politicians and media will be responsible for this."

When AV spoke to Kirit Somaiya, President of Investors Grievance Forum, he defended himself and said, "My only agenda was to get things in public and governments notice. I have done my job and now it's the task of investigation agencies to probe this matter. I can't comment any further."

Source : Afternoon Voice

Web source : http://speakasia-info.blogspot.com/2011/08/controversy-couldnt-stopspeak-asia.html

Sudhakar

Speak Asians Please Do The Needful

Please Read Point to Point and understand the Fact

[1] Company Never Missed any payments or Cheated Anyone ever

[2] Due to Negative Media Campaign started from 12th May, UOB Singapore Bank Stopped the Services, so company unable to pay from 25th May onward.

[3] Then after company got New payment Gateway from Singapore and tried to Pay but Indian RBI Stopped the payment due to ongoing baseless negativity by media and few corrupted politician

[4] Company already processed to Get Registered Indian Office so can start payment but again due to negative elements Govt put Hold on it

[5] AT THIS MOMENT COMPANY READY TO PAY BUT HOW ???

[6] Govt approval become essential for Speakasia so company trying hard to get it done but no reply from authorities

[7] Then Suddenly COO Mr. Tarak Bajpai was asked for investigation
PLZ NOTE - Mr Tarak Bajpai Is NOT Arrested - He is detained which means he has been called for Questioning , Mr Bajpai was not picked by police officials from his house or any other place, he was called to Mumbai. If you has noticed the body language of Mr Bajpai, it was obvious that nothing is wrong. [ Media Again showing it Negatively ]

[8] AS PER LATEST UPDATE - COO MR.TARAK BAJPAI AND OTHER 3 WAS ASKED TO LEAVE BUT HE HIMSELF IS THERE AND ASKING EoW TO CLEAR HIM FIRST. SO COMPANY CAN HAVE CLEAR WAY TO START PAYMENTS AND BUSINESS QUICKLY

[9] Due to all above happenings now speakasians started to support in public , becoz matter is clear that company ready to pay but negative elements don't want... negative elements just looking for their benefits, Company still taking responsibility to pay all of members /ready to give refund to all new members, but media and other negative elements trying to lose 20 lacks people money ....

[10] Please read again above points to understand the fact, and then only decide True and False on the Subject...

[11] IF YOU UNDERSTAND THE REAL MATTER AND READY TO SUPPORT SPEAKASIA AND WANT TO SAVE HARD EARNED MONEY PLEASE FOLLOW MENTIONED DETAILS BELOW :

AND THE WAY PEOPLE SUPPORTING SAOL, COMPANY WILL SURLY BE READY TO PAY AND BIG BUSINESS IN NEXT FEW DAYS ....

THIS EMAIL YOU CAN SEND TO MENTIONED EMAIL ID AT BOTTOM
------------------------------​------------------------------​--------------------


Dear Sir,

This is with reference to the ongoing issue and media noise for Speak
Asia (The online survey and research company from Singapore), we would
like to bring to your notice that Mr. Saumaya (leader BJP) who is
probably heading the NGO (Investment Forum) in Mumbai is taking things
a bit too far, which sets all Speak Asians about 20 lac (panelist)
family strong thinking about his vested interest in bringing down
Speak Asia business in India.

We would like to bring to your kind notice that these 20 lac
(panelist) are strong innocent family those who have become victim and
if they start influencing negative to just ten (10) family each and
where they happen to exist in every part of India, can you imagine the
loss for BJP which could be approximately 40 crores strong voters
across the country. This unknown negative sentiment against BJP will
be just because Mr. Saumaya works under BJP flag and his unlawful,
unethical, immoral and unsocial act giving negative credit, which
might go to the party as the panelist sentiments are on fire with the
trouble which they are facing since couple of months. It all started
because of taking lead role by Mr. Saumaya to carry out malicious,
unjustified & manipulated fear of competitors of Speak Asia by giving
false comment in wrongful manner constantly to MEDIA (News Chanel)
ignoring the facts and figure and future of lacs of associated
panelist.

Kindly do not undermine these innocent panelist who are individual
electorates, it seems that politicians like Mr. Kirit Saumaya do not
possess the art of thinking out of the box, with this very growing
Speak Asia family which can help you get in touch with the people in
entire India in just a day, you could get in touch with them via
video message in one day and the best part is that you can even get
feedback in just a day, Speak Asia is a forum which can be used for
Political or social research too. Our request to you sir please ask
Mr. Saumya to refrain from stirring the hornet's nest.

Speak Asia is not a company it is a movement of the people and by the
people. It has given us what our Government hasn't, they have taught
the aam aadmi to put on a thinking hat, it has taught the people of
India to have an opinion, our opinion matters to Speak Asia and for
this job we are also benefited financially , sadly it does not matter
to people like Mr. Saumaya and Government machinery. It seems the
entire Indian system is run by the media; they get to decide who gets
to stay and who doesn't. Who is right and who is wrong, and the Govt.
machinery follows their command. We would like to request you to
kindly look in the matter immediately.

In hope of Justice for 20 lacs Innocent (Panelist) Speak Asian family

Jai Hind

Proud to be Speak Asian

RESPECTED SIR PLSS VISIT TO THIS LINK TO SEE TRUE VOICE OF REAL
SPEAKASIAN ACROSS INDIA

SpeakAsia : Few Panelist Met Mumbai Police Comm. : Call Vikas at 09876608745
SpeakAsia Nagpur (Rohit) 31-07-11.mp4
Speak Asia Online - Coverage at IBN7 on 29th July 2011.

------------------------------​------------------------------​--------------------------
SEND TO
webmaster@bjp.org
webmaster.lkadvanisite@bjp.org
sushma.swaraj@bjp.org
rajnath.singh@bjp.org

MARK CC TO : divinenoni4hvp@gmail.com

Disclaimer: Any non-public information in this e-mail must be kept confidential. This e-mail is not intended to create legal obligations, and should not be understood as a representation, commitment, offer, admission or waiver


Source : http://speakasia-info.blogspot.com/2011/08/speak-asians-please-do-needful.html

Sudhakar

Conference call with CEO Manoj kumar - 2nd August

Senior Area Manager of Chennai had conference call with CEO Manoj Kumar and he had told that 90% issues are fixed .

1)Speak Asia starting with the EXIT policy.(From 5th August).

2)Site will be down for few days as EOW Department wants to investigate our servers.

3) Meeting with RBI officials on 3rd August.

4) Meeting with EOW officials on 4th August.

5) COO Tarak Bajpai will be relieved from inquiry by 4th August.

Mr. Manoj kumar had committed that he will be back soon from business trip and he will address the entire Nation and committed that all the issue would be fixed by 12th august.


source : http://speakasia-info.blogspot.com/2011/08/conference-call-with-ceo-manoj-kumar.html

Sudhakar

Speak Asia's Supporter From Ludhiana

A rally of 3000 bikers of Speakasians have started from Ludhiana.

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source : http://speakasia-info.blogspot.com/2011/08/speak-asias-supporter-from-jabalpur.html

Sudhakar

#54
Speak Asia's Supporter From Hyderabad

Speak Asia Rally In Hyderabad on 3rd August 2011, from Secundrabad to Nampally.

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source : http://speakasia-info.blogspot.com/2011/08/speak-asias-supporter-from-hyderabad.html

Sudhakar

Dear All,

Plz forward this letter to the entire network on an urgent basis.

Letter to RBI from SpeakAsia about Payouts as on Aug 05.

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Letter Attached : http://itacumens.com/sudhakar/myfiles/letter_to_RBI_aug05_from_speakasia.pdf

Sudhakar

SpeakAsia Pune Panelists Signature Campaign 6 August 2011


Their claim to be more than 10,000 panelist have join hands in support of speakasiaonline.

Sudhakar

EOW Speakasia Investigation - Aaj Tak Update

Speakasians, it seems that time to rejoice is close and we will celebrate our 'Independence Day' with double happiness this time. Few minutes back, Aaj Tak aired one news which clearly tells that Speakasia is on leading edge in this case.

Let us analyze this news.

  • Speakasia lawyers were on the leading edge. Why? 
  • Our COO, Mr. Tarak Bajpai is still smiling and is very confident. Why? 
  • Mumbai police does not have ANY solid proof against SAOL. Why?

There is only one answer for all the above questions - SpeakAsia is a genuine company and has followed every possible law except the reported section 591 of Companies act, 1956 violation. We have earlier posted a complete article about it's details and possible fines for this violation, here.

What has Mumbai police to say:

  • 12 lakh people deposited 997 crores with SAOL.
  • Many 'investors' are complaining against SAOL over the 'phone' .
  • We are 'still investigating' so we want them on further remand. 

Why are people complaining on the phone and why no one except one panelist complained about the company? Because we believe that SpeakAsia is genuine and has changed our life. The panelist who complained also agrees that he was paid 1.6 lacs for his participation in company provided activities by SAOL before the payment stopped. We are sure that everyone knows why the payments were stopped.

How did SAOL lawyers defend the case. They said:

  • We suspect any politician's support behind this who does not want us to grow.
  • With 15 lac panelist, only one complaint is filed. 
  • The company who gives Rs.54 crores in a year as service tax, why they will want to run from country.
  • No one else has complaint, so why Mumbai police wants further custody.

What has Mumbai police done till now: 

  • They have seized 30 bank accounts on the name of investigation.
  • They have taken control of SAOL servers for investigating different functionality.

BizBasket reported in it's previous article that surveys will not come till the server access and control is with investigating agencies. Company is co-operating in investigation and they have provided their server access and control to these agencies.

The way the case was fought by SAOL lawyers, it was supposed that all 5 people will get released today, but the court has given second and may be last chance to Mumbai police to prove something against SAOL.

Fellow speakasians, one of the main power of Speakasia is it's ever supporting panelist base in India. Everyone of us has supported the company and the result is that there is just one complaint against the company. We need to keep our faith and support the company in this hard time. We need to make sure that our team and other panelist know the 'facts' and are not misguided by manipulated news all around.

We need to hold hands and sail together during this tough time and we will see a new beginning again.

A proud Speakasia Team - BizBasket


Source : Video links @ http://www.bizbasket.net/2011/08/eow-speakasia-investigation-aaj-tak.html

Sudhakar

Speakasian's Letter to PM - Written by BLOOD ! ! !



Dear Speak Asians,

Look at the passion with which Speak Asians are fighting the battle. This is the extreme of something for which a human being can fight with nothing other than his blood. Kushinagar (UP) panelist shows that a common man is not going to let this struggle go in vain. United Speak Asians are definitely going to take this fight for right to honest living to a conclusive end.

BizBasket's earnest request to all Speak Asians !!! protest in whichever form you can from wherever you are in this Country. Be informed that in a democracy what count ultimately is common man's united voice. Utilize this power at least once in your life for your family's better financial future. Please do not be spectator in this battle rather take charge of your team and lead from front.




Friends ! If we win this battle and make our voice heard in the top institutions of our Country, it is going to change the way Network Marketing/Direct Selling/Multi Level Marketing is being seen and done in our country. For sure the apex bodies of our Country will formulate a regulation for this industry so that a common man can earn an honest living for his family.

PROUD TO BE SPEAK ASIAN ! ! !


Source : http://www.bizbasket.net/2011/08/speakasians-letter-to-pm-written-by.html

Sudhakar

SpeakAsia Website Down



Dear SpeakAsians,

As you all might have seen/come to know that Speak Asia website is currently not working. When we go to SpeakAsiaOnline.Com we get an error as below.

" Server Error in '/' Application"

This is due to some technical problem. If you google the error's seen on the website you will come to know that due to files getting corrupt and not been able to re-load this error is being thrown. This error is NOT due to the perception (as seen amongst few people) that the website is closed/shut down - this is just a technical problem.

However, the point where we want to draw your attention is that currently maintenance work is not possible as all the servers of SpeakAsia are with EOW, hence this technical problem cannot be corrected until and unless the access is being given back OR until EOW allows SpeakAsia technical team to work on this error.

SpeakAsia team has requested EOW to let them allow to work on this specific problem, if EOW allows then same then the site would be up soon.




We request all NOT to panic as this is just a technical problem and can be resolved easily as soon as the maintenance work is allowed to be done.

Why Are We Saying That The Site Is Not Closed/Shut Down ?

Below Are Couple Of SpeakAsia Pop-Ups From The Past Which Is Still Working - Check Them Out Yourself.


http://assets.speakasiaonline.com/static_popup/news_25072011_2.html
http://assets.speakasiaonline.com/static_popup/news_11072011.html


Source : http://www.bizbasket.net/2011/08/speak-asia-website-down.html

Kalyan

Good News for every SpeakAsian. The most viewed website for us is back after a day problem. BizBasket reported the reason of website problem in earlier article. As reported by us "SpeakAsia team has requested EOW to let them allow to work on this specific problem, if EOW allows them same then the site would be up soon." It's a sign of victory again for us and people who got a chance to criticize and spread rumor that the company is in trouble, got a reply.

This makes us believe that whatever happens, the company is standing with us and the investigation is moving in positive direction. BizBasket requests speakasian in Mumbai to be there at Quila court on 12th August for the hearing and witness the victory.

source: http://www.bizbasket.net/2011/08/speakasia-website-is-back.html

ganeshbala


Kalyan

TUESDAY, AUGUST 9

EOW Updates 8 Aug 2011

Around 3500 panelist gathered at EOW office, they were shocked to see so much public there, actually that area is highly secured area so cops had to move the people away form the area.

There were 16 franchise over there but only 5 were given chance to tell about their dealings in francise, About how they got francise , from where they generate pin and all, they have been asked to show the documents of franchise owners, which will soon be checked.

Please don't worry guys, inspector of crime branch came personally to talk to panelists outside and that time panelists got some chance to express themselves.
THey were very supportive and the enguire was just like a freindly talk.

They will listen to us and they are ready to support us, they told humein kya milta hai logo ko itni pareshan dekhkar,they told we are doing our work , you all be peaceful.

Don't worry sab thik hoga , woh log ghuma fira ke baat kar rahe the , but don't worry our lawyer's are very strong.

Our advocate showed the court that khiska kiske upar already 35 cases pending hai. khosla tha na mumbai ka jisne FIR ki thi uspar 35 case pending hai.

4Th august ko court room mein jo hua , sabki bolti band ho gayi thi, none of the oppostie adovcates replied, hila ke rakh diya tha, sab ko laga tha ki aaj hi sab thik honga but court gave last chance to EOW till 12 August, they are strong , and everything will be done legally and in right and ethical way.

Here The Great News For all Speak Asians

>EOW Accept that Speak Asia Not Money Laudering Company.

>IBM and SAOL together gave server to EOW and after checking they did'nt find any negativity in it.

>EOW now has no evidence that speak asia is fraud.

>If EOW cannot present a powerful evidence before 12th then company will get a clean chit and high court also will not extend there custody.

>Tarak Bajpai Was Full Confident That On 12th he Will Release From The Custody.

SO FRIENDS AND SPEAK ASIANS BE POSTIVE RESULT WILL BE IN OUR FAVOR


Sudhakar


Sudhakar

EoW could submit there report Today against SAOL

Economic offence Wings, Mumbai Branch is going to submit their report to RBI and other dept. of Govt against SAOL, they have gathered some complaints against SAOL payments, most of them complaints that they are not getting payment after 13th May 2011, According SAOL lawyer this complaints has no issue, because SAOL could not give any payment to their panelist after 13th May 2011. because of Singapore base Bank, who freezed their money according to RBI's circulation. SAOL lawyer seems to be confident that they will win this battle but may have to give huge penalty for starting business without registration (permanent establishment) in India by SAOL.

EoW's main point is "how the money come?" They are trying to establish that SAOL has no Survey clients. Till now, there are no evidences provided by SAOL to EoW regarding this survey income. They are saying that new members money gives to old members which means it is a money circulation scheme. EoW could take one more time from the court to get more complaints.

eBizToppers have found some news from reliable source that, SAOL lawyers may submit their Non Disclosure agreement to EOW regarding the clients they stated before. If SAOL could prove that they have genuine Clients (Survey) those who are really working with them then it will be proved that SAOL is not a money circulation scheme. Otherwise they will have to give a huge amount of penalty to do business in India.
Govt officials are really concerned about the SAOL panelist recent activities, or their demand in all over India. Some sources said that Govt could give SAOL a chance to do business in Indian with following two conditions-

1. SAOL have to do business with product base. and
2. SAOL have to do business with PE in India.

From the high officials of SAOL, they already accepted these conditions, and the business model of the SAOL already submitted to all departments of Govt. agencies.

It is a good news for all SAOL panelist that with the 12th August 2011, there might be a FINAL decision awaiting for them.


Source : http://speakasia-info.blogspot.com/2011/08/eow-could-submit-there-report-today.html

Sudhakar

Dear Speak Asians,

Following are the updates of our Company :

  • Main panelists and franchises of Speak Asia were called by the EOW at its office in Mumbai. As per our sources basically they were asked about the way of working of the Company and their role in the business.After the inquiry they came out of the EOW office.
  • We have been informed by our trusted resources that SAOL has bought the TV channel "A2Z". One of the franchise's of SAOL, ASHIRBAD MARKETING, ORISSA also confirmed this news. Further detail of this news is not available with us. As soon as we get some more information on this we'll keep you informed.
  • The EOW has signed the Non-Disclosure agreement and checked the client list. They have also verified with the clients about the business dealings.
  • All eyes are set on the court hearing on 12th August now when the date for the remand of Mr. Tarak Bajpaiand others is getting over. There is a strong chance that on that date they will be released.

Source :
http://www.bizbasket.net/2011/08/latest-updates-of-speak-asia.html

Sudhakar

#67
SpeakAsiaOnline Latest Updates : August 12 Friday 2.00 PM

Updates : August 12 Friday 4.41 PM

Happy news speakasians time to celebrate. Now atlast Tarak sir gets bail on 16th Aug, dont get confused by other news channels, everything is positive, because EOW and CRIME BRANCH were unable to get time extention for remand and tarak sir is sent to JUDICIAL CUSTODY so that he can get bail on 16th aug..So enjoy all nothing to worry

Updates : August 12 Friday 4.41 PM


ZEE BUSINESS IS MANIPULATIVE THE REAL NEWS , THE BAIL IS ALREADY APPROVED, DUE TO HOLIDAYS IT WILL DONE ON 16TH
Quotehttp://www.facebook.com/video/video.php?v=131811463580430&oid=162358183829971#

Updates : August 12 Friday 4.31 PM

LATEST UPDATE CAME FROM MUMBAI , FRONT OF COURT .
1) THE TIME EXTENSION OF EOW FOR 1 WEEK INVESTIGATION , REJECTED BY COURT.
2) THE SAOL OFFICIALS ARE NOW IN COURT CUSTODY TILL 16TH FOR BAIL DUE TO HOLIDAYS.
MORE NEWS TO COME....IT SEEMS THAT EVERY THING IS POSITIVE .........

Updates : August 12 Friday 4.27 PM

NEWS FLASH ON ZEE BUSINESS– next date 16/8,detained officials of Spk Asia to be sent to Judicial Custody & freed from EOW custody !! BUT I AM NOT SURE....

Updates : August 12 Friday 4.23 PM

Who owns the media in India ?
Read this, its story is almost like speakasia...,,,,,
http://speakasiaonline.mobi/?p=530

Updates : August 12 Friday 4.16 PM

I Made call to Karnataka Area Manager...
He told " Probably we will get updates in the evening..., Please wait..."

Updates : August 12 Friday 4.05 PM

I Made call to Regional Manager... Switch off... !!!!!!
Mostly he is in court...

Updates : August 12 Friday 3.55 PM

Today SpeakAsia is going to submit Non-Disclosure document in court.. So not to worry..

Updates : August 12 Friday 3.45 PM

Right now case is going on in court..

Updates : August 12 Friday 3.39 PM

Friends, as per latest update, the hearing is going on as of now. Please have patience as 20,000 odd people are representing all of us. We are with them.
One more request I have for everyone. We have pinned all our hopes for today's hearing, however, even if the final result doesn't come out today, nobody, I am again saying that NOBODY SHOULD FEEL DISHEARTENED. I with my fellow SPEAKASIANS have planned to take our fight to the streets and we'll fight till the very end. As soon as I have ANY NEWS, I'll update it. BEST OF LUCK TO YOU ALL.
Source : http://www.speakindiaonline.com/forum/topics/hearing-is-going-on?xg_source=activity

Updates : August 12 Friday 3.31 PM

We called to our team leader to collect latest updates.. Still they are busy... I think still meeting is going on..

Updates : August 12 Friday 2.50 PM

SpeakAsia Team leaders arranged meeting.
Right now SpeakAsia Team Leaders meeting is going on.

Updates : August 12 Friday 2.36 PM

Friends the latest news is this that court will be @ 3 PM, and around 20000 speakasian`s  in Aazad maidan  Mumbai. So please its a request if u r of mumbai then reach there for 20 Lakh family, please its a humble request to you all.

Updates : August 12 Friday 2.16 PM

OUR COMPANY DOES NOT COME UNDER SFIO......BECAUSE IT IS SINGAPORE BASED COMPANY......SFIO IS ONLY APPLICABLE TO INDIAN COMPANIES....
EVEN IF SPEAKASIA VIOLATED FEMA RULES....IT IS NOT A SERIOUS ISSUE...THERE WILL BE SOME FINES AND EVERYTHING WILL BE CLEAR...

Updates : August 12 Friday 2.00 PM

Friends I Got a Confirmation from A Senpei Who is resident of Mumbai :

Session in Court will Start up By : 2:30pm

Aaj Tak, Zee Business , Tv9 Covered The On Going Rally In Mumbai ...
Approx 2000+ Panelist are there which are increasing in number...
Signature Campaign is On.....
Hope for the best fingers are crossed...
Long Live Speak Asia....


Source : http://speakasiaonline.mobi/?p=530

Kalyan

Today the police custody of all the officials of SpeakAsia ended and they were presented against the court along with the report prepared by the EOW. The report was submitted to the court and the police demanded a 14 day extension of the police custody of the officials. The trial took place today and the court rejected the request made by the police for the extension of the police custody of the officials. All the four officials along with COO Tarak Bajpai now have been sent to judicial custody for four days till 16th August.

    Due to holidays coming in between the court will announce the final verdict on the 16th of august after going through the report submitted by the EOW department of Mumbai police. It is being learnt that all the preparations have been made for the bail of all the officials and they will be out on bail on the 16th of August. This news has also been broad casted on Zee business as can be seen below:


Speak Asia Officers free from EOW custody - Zee Business

Sudhakar

#69
YUG And TRUTH About it – DON'T WORRY ABOUT YUG PRODUCTS

hi !
let's see some facts about YUG Brand

1) manufactured by Hisense (china) but it doesn't mean it's bogs or not having Value in Market

2)The Hisense Group comprises two publicly traded companies, Hisense Electric Co Ltd, listed on the Shanghai stock exchange[1] (SSE: 600060) and Hisense Kelon Electrical Holdings Co Ltd, which is listed on the Shenzhen[2] (SZSE: 000921) and Hong Kong[3] (SEHK: 921) stock exchanges and a number of other subsidiaries.

3)Hisense has 13 manufacturing facilities in China (located in the provinces of: Guangdong, Guizhou, Huzhou, Jiangsu, Liaoning, Linyi, Shandong, Sichuan, Yangzhou, Yingkou, Xinjiang, Zibo and the municipality of Beijing) and several outside of China, namely in Hungary, South Africa, Egypt, Algeria and France.

4)Founded September, 1969


[smg id=7995 type=full]

5) Hisense retails products under five brand names, including its own. These include Kelon, SAVOR, Ronshen and Hisense-Hitachi.[5] Hisense is also an OEM, so some of the products it makes are sold to other manufacturers and carry a brand name not related to Hisense.

Company Associations

April 28, 2008: Joint-venture with Whirlpool for washing machine manufacturing

On April 28, 2008, Whirlpool Corporation – the world's biggest white appliance manufacturer and the Hisense Group, a Chinese company known for its persistence in technological innovation, made a joint announcement in Qingdao that they would develop and manufacture high-end washing machines and refrigerators for China as well as for global consumers by establishing a joint venture company.

May 23, 2008: Strategic cooperation with IBM for Intelligent Transportation System

On May 23, 2008, Hisense TransTech Co., Ltd. and IBM made a press release during the Beijing International High-tech Expo event and signed a strategic partnership agreement to cooperate on technology, marketing and services in the field of intelligent transportation.

On December 13, 2007, Hisense Kelon made a formal announcement that it had formed a strategic partnership with Toshiba ...

On December 13, 2007, Hisense Kelon made a formal announcement that it had formed a strategic partnership with Toshiba by entering into a "Refrigerator Technology Introduction Agreement". It was learned that the "Dual Refrigeration Air-cooled Household Refrigerator Technology" introduced by Hisense Kelon was a proprietary technology developed by Toshiba and was considered one of the most advanced refrigerator technologies in the world.

On December 13, 2007, Hisense Kelon made a formal announcement that it...

On December 13, 2007, Hisense Kelon made a formal announcement that it had formed a strategic partnership with Toshiba by entering into a "Refrigerator Technology Introduction Agreement". It was learned that the "Dual Refrigeration Air-cooled Household Refrigerator Technology" introduced by Hisense Kelon was a proprietary technology developed by Toshiba and was considered one of the most advanced refrigerator technologies in the world.


Source : http://speakasiaonline.mobi/?p=368

Sudhakar

Hope for The Best to Happen on 16th August 2011 with Blessings of all Speak Asians

Friends today In Mumbai Quila Court Positive things Have Happened...

All 5 Officials of Speak Asia Arrested have been sent to JC (Judicial Custody) means Court Custody for a period of 14 days..
As Per Indian Law After PC (Police Custody)
Victims are sent to JC (Judicial Custody) which has a minimum period of 14 days.Judicial Custody
But within these 14 days – Bail Application can be filed.
No Charges have been Imposed on Speak Asia in Court Today.

*Bail Application was filed by Speak Asia Lawyer in court today itself.

As per Indian Penal Code Law – Bail Application cannot be filed while any investigation is going on , its only accepted when victim is sent to Judicial Custody.

*Now our Bail application has been filed today itself but as we have 3 Holidays ahead so Next Very Final Hearing for this Bail Application will be heard By Honorable Court on 16th August 2011

EOW(Economic Offence Wing) Officers Demanded for extension of Police Custody of more 14 Days but Court Rejected it.
Eow Officers were not having any full proof evidences which could go against our Company.

Friends We are on Positive Side .
Hope for The Best to Happen on 16th August 2011 with Blessings of all Speak Asians..
Above info is from a Very Reliable Source..
*bail application may not have been filed today it may happen on 16th August but according to my info same has been filed today itself.


Source : http://speakasiaonline.mobi/?p=612

Sudhakar

Zabardast Protest At  In Support Of Speak Asia 12 Aug 2011

Super Duper Successful Protest In Support Of Speak Asia Online At Azad Maidan Mumbai.


Proud to be a SpeakAsian...

Sudhakar

What hapened in Mumbai High Court???

[smg id=7996 type=full]

The speakasia panelist forum organised rally had a turn out of about 7000 people at Azad Maidan VT Mumbai.
Various panelists took the mike and aired their views in support of SAOL.

In the evening the office bearers of the Association were taken to Mantralaya to submit their memorandum and charter of demands to the Home Minister Mr R. R. Patil.

The Ministers were not availabe to meet the association office bearers but their secretaries met them and heard their submissons and have assured them to look into the matter.

The rally/dharna had a festive feel about it and many recordings were shown on the LCD tV throughout the day.

The mood was lifted in the early evening after the good news from the quila court came in.

I, Ashok Bahirwani went up on the dias after the court hearings and summarised the events in the court before the gathering as follows:-

a) That the bail application was not heard today by the court as the SAY of the public prosecutor will be available on 16th August, 2011 so the bail application will now be heard on 16th August.

b) That Mr. Tarak Bajpai and 4 others were now sent to JC (Judicial Custody).

c) The Income Tax Department made an application for Taraks Custody but our council Mr. Abhat Ponda vehemently opposed this and said that there is no provision under law for IT dept to get custody of the accused, he said the IT dept can come and investigate Mr. Tarak while he is in JC.

d) A new FIR was filed by the Thane Police on a complaint of a panelist for Rs 1,00,000/- in Mira road police station andf the Thane police were seeking a 14 day remand. Once again on strong arguments put up by the council of SAOL the court rejected the FIR and additional custody was denied.

e) In the Matter of the arrest of Mr.Rahul Shah Vp of Tulsiant Info the same Mr Ponda took the prosecutors to the laundry and bombarded the Mumbai police and also threatened them with filing a writ petition for defamation.

His case was that they have arrested a wrong person in a wrong case. He further went on to explain that Tulsianttech is a company which had dealings with SAOL but Tulsiantinfo had no dealings with SAOL. He further submitted before the court that Tulsiantinfo was a company which is a registered company and had licence to import LCD/LED Tvs. He wanted to know from the police and the prosecution what record they had to prove that Tulsianttech and Tulsiantinfo were the same company as they were trying to prove. As the Prosecution could not prove the Court sent the accused to only 3 days of PCR (Police custody remand) and the bail applictaion will be also heard on 16th.

Today the 12th August in the holy month of Shravan and Ramzan is a milestone day in the road to sucess of all speakasians.

Today is the day which will be seen as the halt of the downslide of doubt for all speakasiands. From 16th August hopefully, inshallah, hari icha the upward trend will again start and now sky is the limit and 16th August will mark the of our march to number one position for speakasians and indeed for SAOL.

I think our legal team is very strong  as per the information we have a team of 5 senior advocates for this legal battle

BE UNITED AND WE WILL CERTAINLY  WIN THIS BATTLE  JAI SPEAKASIA !


Source : http://www.speakindiaonline.com/forum/topics/developments-in-mumbai-latest-updates?xg_source=activity
Source : http://speakasiaonline.mobi/?p=630

Sudhakar

#73
12-August-2011 Mumbai Peace Rally in Zee Buisness

We got a Reply From Top Most Management Of Speak Asia Regarding today's Court Proceedings :

Police custody extension demand of EOW has been rejected by the court.

Tarak Ji and others are now in judicial custody. Their bail hearing has been fixed for next working day of 16th Aug.
Mr Ahmed Abdi represented lacs of panelists and showed signature campaigns. And said all the panelists are with the company. It had a good impact on court.

Our lawyers ripped apart public prosecutor and police for arrest of Mr Rahul Shah. His bail will also be heard on 16th Aug.

Regards
Speak Asia Online



Zee News Reporter Talks to Some of the Investors.
Reporter : What are Your Demands ?
Speak Asia Member : We want that Company Once again will be Started . We all Support to the company.We want our unemployment to be gone .

Reporter : How are you see this Matter of Problems which speak asia is facing ?
Speak Asia Member : Our Media have to Support to us . Only this Issue is one side this is fight
between Speak Asia Company and Government we are common panelist no body think about us.


Long Live Speak Asia

Sudhakar

SpeakAsia came to stay in India

As far as Speak Asia concept of Direct selling is concerned (where there is fixed income combined with referral income) it is very new to our country. When it was launched first by SAOL, its credibility and sustainability was highly questionable. But after the media attack, the way SAOL fought the case it is crystal clear that this model will work in future and has come to stay in India. Once this company comes out of all this mess, Speak Asian's and their family's Financial Freedom is not far way.

LATEST UPDATE CAME FROM MUMBAI , FRONT OF COURT .

1) THE TIME EXTENSION OF EOW FOR 1 WEEK INVESTIGATION , REJECTED BY COURT.

2) THE SAOL OFFICIALS ARE NOW IN COURT CUSTODY TILL 16TH FOR BAIL DUE TO HOLIDAYS.
MORE NEWS TO COME....IT SEEMS THAT EVERY THING IS POSITIVE

Sudhakar

SAOL Vs MLM OR PYRAMID

This is a posting on the web where in Robert L. Fitzpatrick (Copyright 1997, Robert L. Fitzpatrick) has tried to explain why we should not fall in the trap of MLMs. I am trying to compare business model of Speak Asia Online Limited (SAOL) against each of the arguments below. Hope the readers will appreciate and post their views on the same.

The multi-level marketing (MLM) field grows and its member companies multiply. Solicitations to join the movement seem to be everywhere. The impression accordingly grows that it is indeed the wave of the future, a business model that is gaining momentum, growing in acceptance and legitimacy and, as its promoters claim, will eventually replace most other forms of marketing and sales. Many are led to believe the assertions that success can be found by anyone who faithfully believes in the system and steadfastly adheres to its methods and that eventually all of us will become MLM distributors.


With fourteen years experience in corporate consulting in the distribution field and after more than six years of research and writing about the MLM model, I have gathered information, facts and insights that show the MLM business model to be essentially a free market hoax. It is analogous to calling the purchase of a lottery ticket a \'business venture\' and winning the lottery a \'viable income opportunity for everyone.\' MLM industry claims of distributor income potential, its glorified descriptions of the \'network\' business model and its prophecies of a reigning destiny in product distribution have as much validity in business as UFO sightings do in the realm of science.

The very legality of the MLM system rests tenuously upon a single 1979 court ruling on one company. The guidelines for legal operation set forth in that ruling are routinely ignored by the industry. Lack of governing legislation or oversight by any designated authority also enables the industry to endure despite occasional prosecutions by state Attorneys General or the FTC.

Lie #1: MLM is a business offering better opportunities for making large sums of money than all other conventional business and professional models.

Truth: For almost everyone who invests, MLM turns out to be a losing financial proposition. Less than one percent of all MLM distributors ever earn a profit and those earning a sustainable living at this business are a much smaller percentage still. Extraordinary sales and marketing obstacles account for much of this failure, but even if the business were more feasible, sheer mathematics would severely limit the opportunity. The MLM type of business structure can support only a small number of financial winners. If a 1,000-person downline is needed to earn a sustainable income. Those 1,000 will need one million more to duplicate the success. How many people can realistically be enrolled? Much of what appears as growth is in fact only the continuous churning of new enrollees. The money for the rare winners comes from the constant enrollment of armies of losers. With no limits on numbers of distributors in an area and no evaluation of market potential, the system is also inherently unstable.

SAOL – As per current business model of SAOL , there is no compulsion of referring any one and whatever you earn is as per your capacity and understanding of the model. If you want to stay indoors and not want extra extra income you need not refer any one. And as per SAOL Management , they are now a self sustained team of panelists and even if no new joinings happen now onwards they will be able to succeed in their business plans. As per SAOL Model, none of panelists will be in loss there is an option of fixed income which will be higher than amount paid for getting enrolled and this fixed income is not dependent on getting new distributors enrolled.

Lie #2: Network marketing is the most popular and effective new way to bring products to market. Consumers like to buy products on a one-to-one basis in the MLM model.

Truth: If you strip MLM of its hallmark activity of continuously reselling distributorships and examine its foundation, the one-to-one retailing of products to customers, you encounter an unproductive and impractical system of sales upon which the entire structure is supposed to rest. Personal retailing is a thing of the past, not the wave of the future. Retailing directly to friends on a one-to-one basis requires people to drastically change their buying habits. They must restrict their choices, often pay more for goods, buy inconveniently, and awkwardly engage in business transactions with close friends and relatives. The unfeasibility of door-to-door retailing is why MLM is, in reality, a business that just keeps reselling the opportunity to sign up more distributors.

SAOL – True The company will be using the existing panelists as distributors but it is building its own force of Sales Managers also which will be on the payrolls of the company and will work for recruiting the new panelists / book new orders for their products to be launched through their E-commerce site. Yes SAOL will also be launching new products and create its own brand YUG, but the company is arranging to sell the products of the existing brands also as per the current updates from management. Once the new website comes up, this will be more clear. As of now SAOL doesn't fall into the definition of MLM because
a)    The choice of products will not be restricted here.
b)    Retailing of products is not compulsory


Lie #3: Eventually all products will be sold by MLM. Retail stores, shopping malls, catalogues and most forms of advertising will soon be rendered obsolete by MLM.

Truth: Less than 1% of all retail sales are made through MLM and much of this sales volume is accounted for by the purchases of hopeful new distributors who are actually paying the price of admission to a business they will soon abandon. MLM is not replacing existing forms of marketing. It does not legitimately compete with other marketing approaches at all. Rather, MLM represents a new investment scheme that uses the language of marketing and products. Its real products are distributorships which are sold with misrepresentation and exaggerated promises of income. People are buying products in order to secure positions on the sales pyramid. The possibility is always held out that you may become rich if not from your own efforts then from some unknown person who might join your \'downline,\' the \'big fish\' as they are called.

MLM\'s growth is a manifestation not of its value to the economy, customers or distributors but of the recently high levels of economic fear and insecurity and rising expectations of quick and easy wealth. It is growing in the same way legalized gambling and lotteries are.

SAOL: The company is not targeting to render the existing medium obsolete rather it is trying to empower the consumers by giving them the choice to participate in the various business activities like
1)    Giving Opinions
2)    Watching On Line Advertisements
3)    Referring New Panelists
4)    Buying the products online at a considerable discount from MRP
5)    Recommending those products to the Non-Panelists
6)    Narrow Casting – Booking Classifieds for the existing businesses available in the market place
7)    Some more options will be added soon


Lie #4: MLM is a new way of life that offers happiness and fulfillment. It is a means to attain all the good things in life.

Truth: The most prominent motivating appeal of the MLM industry as shown in industry literature and presented at recruitment meetings is the crassest form of materialism. Fortune 100 companies would blush as the excess of promises of wealth and luxury put forth by MLM solicitors. These promises are presented as the ticket to personal fulfillment. MLM\'s overreaching appeal to wealth and luxury conflicts with most people\'s true desire for meaningful and fulfilling work in something in which they have special talent or interest. In short, the culture of this business detours many people from their personal values and desires to express their unique talents and aspirations.

SAOL: There is a capping put by the company on the amount a panelist can earn in a day and there is no scope of unlimited income

Lie #5: MLM is a spiritual movement.

Truth: The use of spiritual concepts like prosperity consciousness and creative visualization to promote MLM enrollment, the use of words like \'communion\' to describe a sales organization, and claims that MLM is a fulfullment of Christian principles or Sciptural prophecies are great distortions of these spiritual practices. Those who focus their hopes and dreams upon wealth as the answer to their prayers lose sight of genuine spirituality as taught by all the great religions and faiths of humankind. The misuse of these spiritual principles should be a signal that the investment opportunity is deceptive. When a product is wrapped in the flag or in religion, buyer beware! The \'community\' and \'support\' offered by MLM organizations to new recruits is based entirely upon their purchases. If the purchases and enrollment decline, so does the \'communion.\'

SAOL: This is not at all applicable for Business of SAOL. This is a pure business model and is no way related to spirituality.

Lie #6: Success in MLM is easy. Friends and relatives are the natural prospects. Those who love and support you will become your life-time customers.

Truth: The commercialization of family and friendship relations or the use of \'warm leads\' which is required in the MLM marketing program is a destructive element in the community and very unhealthy for individuals involved. Capitalizing upon family ties and loyalties of friendships in order to build a business can destroy ones social foundation. It places stress on relationships which may never return to their original bases of love, loyalty and support. Beyond its destructive social aspects, experience shows that few people enjoy or appreciate being solicited by friends and relatives to buy products.

SAOL: The company's business model is giving various options to the panelists to increase their sources of income but the source of income is no where dependent on the strength of downlines. Every panelist can participate in the business activities of the company for captive use also and need not depend on friends and relatives.

Lie #7: You can do MLM in your spare time. As a business, it offers the greatest flexibility and personal freedom of time. A few hours a week can earn a significant supplemental income and may grow to a very large income making other work unnecessary.

Truth: decades of experience involving millions of people have proven that making money in MLM requires extraordinary time commitment as well as considerable personal skill and persistence. Beyond the sheer hard work and talent required, the business model inherently consumes more areas of ones life and greater segments of time. In MLM, everyone is a prospect. Every waking moment is a potential time for marketing. There are no off-limit places, people or times for selling. Consequently, there is no free space or free time once a person enrolls in MLM system. Under the guise of creating money independently and in your free time, the system gains control and dominance over people\'s entire lives and requires rigid conformity to the program. This accounts for why so many people who become deeply involved end up needing and relying upon MLM desperately. They alienate or abandon other sustaining relationships.

SAOL: SAOL is a pure business activity and can be taken as a full time option from day one and need not be done only in spare time. If you have joined any MLM and SAOL in particular you have agreed to become a sales person only and every person who is in the sales and marketing field will always try to sell their products / services to the common public only. Suppose you are employed as Sales Manager for the sale of computers in a Big Company called apple/Microsoft won't  you ask your team of distributors and your down the line employees to find leads from their sources and general public. The same is the case for MLMs

Lie #8. MLM is a positive, supportive new business that affirms the human spirit and personal freedom.

Truth: MLM is largely fear-driven. Solicitations inevitably include dire predictions about the impending collapse of other forms of distribution, the disintegration or insensitivity of corporate America, and the lack of opportunity in other professions or services. Conventional professions, trades and business are routinely demeaned and ridiculed for not offering \'unlimited income.\' Employment is cast as enslavement for \'losers.\' MLM is presented as the last best hope for many people. This approach, in addition to being deceptive, frequently has a discouraging effect on people who otherwise would pursue their own unique visions of success and happiness. A sound business opportunity does not have to base its worth on negative predictions and warnings.

SAOL: The business is based on empowering consumers model and this model just tries to improve upon the existing distributorship channels and try to give middlemen commissions/incentives to the end consumer. Since SAOL is targeting sales of not only its own brand but also the brands available in the market , the ratio of success increase manifolds since the people need not build confidence of the prospect in the brand first and then achieving sales.

Lie #9. MLM is the best option for owning your own business and attaining real economic independence.

Truth: MLM is not true self-employment. \'Owning\' an MLM distributorship is an illusion. Some MLM companies forbid distributors from carrying additional lines. Most MLM contracts make termination of the distributorship easy and immediate for the company. Short of termination, downlines can be taken away with a variety of means. Participation requires rigid adherence to the \'duplication\' model, not independence and individuality. MLM distributors are not entrepreneurs but joiners in a complex hierarchical system over which they have little control.

SAOL: The company is not dependent on its own unique products but is a building a platform where in the like minded consumers are united and economies of scale are achieved and income is provided in the form of savings on purchase cost of daily to use products

Lie #10: MLM is not a pyramid scheme because products are sold.

Truth: The sale of products is in no way a protection from anti-pyramid scheme laws or unfair trade practices set forth in federal and state law. MLM is a legal form of business only under certain rigid conditions set forth by the FTC and state Attorneys General. Many MLMs are in gross violation of these guidelines and operate only because they have not been prosecuted. Recent court rulings are using a 70% rule to determine an MLM\'s legality. At least 70% of all goods sold by the MLM company must be purchased by non-distributors. This standard would place most MLM companies outside the law. The largest of all MLMs acknowledges that only 18% of its sales are made to non-distributors.

SAOL: Every business is a pyramid be it SAOL, MLM or any other traditional business. Every Corporate structure has lower number of persons at top and larger numbers in the lower scale. The labour building a bridge is in huge numbers and is lowly paid. If some of them understand how their seniors are working and are willing to be in their footprints they get promoted as supervisors and become highly paid than their fellow workers and keep on climbing the corporate ladder over a period of time. If this pyramid hierarchy is acceptable in traditional business then why such hype is created on SAOL type of businesses ?  Infact SAOL and other businesses accumulate much bigger numbers at the lower levels as compared to the traditional businesses in very short span of time so this is highlighted.


Source : Posted by priyal verma on http://www.speakindiaonline.com/forum/topics/saol-vs-mlm-or-pyramid

Sudhakar

IMMEDIATE AND URGENT ATTENTION OF ALL SPEAKASIANS

Friends,
To help us secure our COO Tarak Bajpais release on Tuesday the 16th August, 2011. We need to do the following urgently:
We want Lakhs and lakhs of Speakasians to send mail to the following address speakasia.association@gmail.com the mail should have the following salient points.
a) You should clearly say that you support Speakasiaonline pte ltd.
b) You have to authorise the "All India Speakasia Panelist Association" to represent you in the legal matter pertaining to SAOL in mumbai and other parts of the country.
c) You have to Authorise the said association to appoint any advocate they find suitable to represent 20 lakh Speakasian panelists.
You have to use your own language as we want to show a all india hue in our submissons.
Pl ensure that we receive lakhs of E mails latest by tomorrow so that print outs are ready by 16th Morning for submisson to court.
Thank you
"Sarforishi ki tamana ab humare dil me hai......
Dekhna hai zor kitna bajuain katil me hai.
Proud Speakasian
Ashok Bahirwani
Secretary
All India Speakasia Panelist Association


Example :

----- Forwarded Message -----
From: sunilkumar ev
To: "speakasia.association@gmail.com"
Sent: Sunday, 14 August 2011 7:15 PM
Subject: Support to SpeakAsiaonline.com

Dear sir,

This Mail is to Sign my Wholehearted support to SpeakAsia Online Pte Ltd. which is being constantly haunted by Cheap Politicians and Some Crooked Media People.

At any Cost Government should take action to restart the business of SAOL and protect 20Lac SpeakAsian Panelists.

I hereby Authorise the "All India Speakasia Panelist Association" to represent in the legal matters of SpeakAsia for me Across the Country.

I also authorise the Association to appoint a suitable advocate for we people-20 lacs common people, the Panelists.

Be Proud to be a SpeakAsian

Thanks and regards,
Sunil Kumar


More info : http://www.speakindiaonline.com/forum/topics/immediate-and-urgent-attention-of-all-speakasians-1


Kalyan

Dear SpeakAsians,

We have some MEGA updates to share with everyone - Some GREAT News..!!

As you all are aware that Mr Tarak Bajpai ( COO of Speak Asia ) had been detained by EOW for investigation purpose, and on 4th August the custody was increased further uptill 12th August. Today there was another court hearing and here are the updates:

EOW could not find any substantial evidence against Speak Asia even after the remand was extended from 4th August to 12th August.
There were many channels which were showing that EOW has found that Speak Asia does not have their clients - of-course today's court hearing proves it wrong.
EOWs demand for another extension of Police Custody for 14 more days was denied by the Court.
The Court has send Mr Tarak Bajpai and other detained officials into a Judicial Custody till 16th (as until 16th the court is closed)
On 16th a Bail Application will be filed and there will be a court hearing on 16th - this hearing will not be a hearing on investigation but on the release of Mr Bajpai and other officials.

There are few more updates which we were dying to post but we are awaiting confirmation from our authentic sources , hence rest updates will be posted post authentication only.

We Want To Draw EVERYONE's attention to the point that its been 3 months 'people' started spreading rumors about Speak Asia and in last 3 months we have not seen ANY STRONG evidence against Speak Asia - Hence It Rings Bells & Questions In Everyone's Mind
Why Are People Against Speak Asia ?
Who All Are Against Speak Asia ?
Who (apart from SpeakAsians) Are Fighting Against These People ?
Lets Stay United & Lets Fight All Such People

PROUD TO BE SPEAKASIAN



Speak Asia Online Zee Business - Short News 16-August-2011 Positive News



Bail Decision is pending and secured by Metropolitan Judge Mumbai..

Next Hearing is on 18-Aug-2011

Everything went positive and Speak Asia's Position was very strong enough in the court.

Argument was Not completed that's why next date is given ...

Sudhakar

SpeakAsia COO Tarak Bajpai's Bail Granted

Dear Speak Asians,
Its 18th August and its time for all Speak Asians to Celebrate Independence Day - Yes..!!
Its The Mega Breaking News - Mr Tarak Bajai Along With Others Have Been Given Unconditional Bail


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The proceedings are still on and all will be released by 5pm today
Its A Great News And A Reason For All SpeakAsians To Celebrate - Of Course Now There Is No Doubt That Speak Asia Will Be Back On Track Very Soon.

Many Of You Might Be Wondering What Is Unconditional Bail - Here Is A Short Explanation.

Bail is a monetary amount set by a judge to assure that you will return for court, and is generally based on the seriousness of the charged crime and the court history of the individual. The judge will sometimes set "unconditional" bail (a higher bail amount which, if paid, imposes no obligations upon an individual other than to remain law abiding and return for court). The judge will also sometimes set "conditional" bail (a lower bail amount which, if paid, imposes other obligations upon an individual, as set by the court. In many cases, the judge will not impose bail, and release the individual on their promise to return to court. This is called "release on recognizance."


Long Live Speak Asia

Source : http://www.bizbasket.net/2011/08/speakasia-coo-tarak-bajpais-bail.html

Sudhakar

The Hon. Magistarte was pleased to grant BAIL to the five officials of SAOL

Good Evening Speakasians,

I am extermely happy today and the Gods blessed all of us by opening up the skies. Was it Divine intervention or the prayers of over 20 lakh Speakasia Panelists which terminated in todays VICTORY.

All of you by now have heard of the news that our beloved COO Mr. Tarak Bajpai along with four other SAOL officials have been released by the Magistrate on BAIL.

All speakasians heave a sigh of releif.

We have indeed won a huge battle and this will be a major milestone in our march to success.

Freinds the battle has been won but the War is not over.

The Hon. Magistarte was pleased to grant BAIL to the five officials of SAOL on cash surety of Rs. 3 lakh each. With the Condition that the SAOL officails present themselves before the EOW every Monday and thursday for the next two months.

The very fact that the EOW has not been able to bring any fresh charge or substaniate any of their claims (Money Laundering, Money Rotation Scheme) makes us confident that we are indeed part of a company which has a legally valid Business module. This is what makes all of us PROUD SPEAKASIANS.

I will further update all of you my friends on the intricasies of the case and on the route ahead after meeting the lawyers tomorrow.
Proud to be a Speakasian
Happiness
Ashok Bahirwani
Secretary
AISPA


Source : http://www.speakindiaonline.com/forum/topics/ashok-bahirwani-s-updates

Some videos we found after the news came out that Mr.Tarak ( our coo ) got unconditional bail : Proud Moments for all speakasians.


Sudhakar

WE ALL WAITING FOR TARAK SIR. Updated: 18/08/2011 10.45 PM

[smg id=8045 type=full]

FRIENDS.........

WE SPEAK ASIAN FINALLY WIN THE ALL DIFFICULT SITUATION THAT CREATE BY ALL MEDIA AND POLITICIAN..............

NOW TARAK SIRJI WILL COME OUT AND WE WILL CELEBRATE OUR VICTORY..........

ONE MORE VICTORY CREATOR WHEN R.B.I GIVE CLEARANCE AND SPEAK ASIA IS REG..........

NO MORE DAYS........

BEST WISHES FOR MR. TARAK BAJPAI, HIS COLLEAGUES AND FAMILY MEMBERS. WITH TODAY'S VICTORY, MR. TARAK BAJPAI HAS

BECOME, REAL HERO, "ANNA" OF SPEAKASIA.

SPEAK ASIAN ALWAYS WINS........

THANX ALL DEAR SPEAK ASIAN....

JAI HO SPEAK ASIA............

Latest News :
The real news is, even though Tarak Ji has got bail.He is yet to come out from Arther Road Jail. Since jailer was unavailable today. The releasing formality will take place tomorrow morning.there is no Press Conference on Zee Business . Our hero will be out tomorrow including other 4 Staff members.Things will start happening from tomorrow. Pls share to all team Mates.


Source : http://speakasiaonline.mobi/?p=1073

Kalyan

Dear SpeakAsians,

As you all are aware that the Court has given Bail to Our COO Mr. tarak Bajpai & 4 others yesterday who were under police custody for interrogation for last couple of days. This was a relief for the company and all the panelist and firmed our faith in our judiciary. Further Mr. Manoj Kumar CEO (India) was planning to come back to India in the next week; this was to facilitate payments to the panellist by having a meeting with RBI and end the current stalemate.

Today (19th August) morning his wife & son (minor son) who were with him in Dubai for a holiday, returned to India. They were detained by the Police at the Delhi airport on instructions of EOW Mumbai. This action of the EOW is a little surprising as firstly they were returning back to the country and second Mr. Manoj's wife happens to be a house wife having no involvement in the business of Mr. Manoj and his son is a minor.

Mr. Manoj has assured that he is committed to resolving the current situation and start the payout process of the panellist at the earliest.

Sudhakar

Please Join All India Speak Asia Panelist Association(AISPA)

Dear All SpeakAsian,
Join Speak Asia Panelist Association (AISPA)

Please join speak asia panelist association:
I support Speak Asia and authorised speak asia panelist association to protect my financial interest.
Send the above msg and details(Name, state, city) to <speakasia.association@gmail.com>


[smg id=8050 type=full]

Sudhakar

SAOL LAWYERS TO MOVE TO SUPREME COURT ON 23 AUGUST

Firstly all speakasians were shocked for these news , about mira road eow taking again for statement , as u all know they were already wating for them to get out , and it was planned ,  so today our adovcate Mr Abad Ponda(THOUGH HE WAS ON A HOLIDAY BUT HE CAME BACK) .His feared that this custody could happen but he hoped for best,but he came  with his assitant had reached the court on time now the complain by mira road guy was not on speakasia, let me explain iu how it was, he had filed complain against the person who had joined him in saol , i.e, he had filed fir against the person who told him the plan (HIS UPLINE) is so called the person who represented him about saol , so he complain against j*** not saol , so we dont have to worry about this , this complain is not on saolnow our advocate told the migestrate that , the same type of case hads already been rejected by quilla court , so the point is, now we cant have same type of complaints from diffrent people , , our advocate told we are ready to pay the amount to the accused , let the RBi start the regulations and derfreeze the account. IT MAY BE POSSIBLE THAT ON WEDNESDAY THEY ARE SENT TO JUDICIAL CUSTODY THEN THEY GET A BAIL FINALLY ON 26TH

BUT TO STOP FURTHER HARRESMENT OF OUR OFFICIALS

our lawyers are going to supreme court on tuesday for everthing ...according to me tarak sir and all will be send to judicial custody on wed for two days and then he will get bail and yaa in the mean time our lawyers will try there best to get a stay from supreme court on all further arrest and get a final verdict once and for all OUR CASE IS STRONG

1) ED HAS DONE ITS INQUIRY

2)EOW HAS DONE ITS INQUIRY

3)ROC HAS DONE ITS INQUIRY

4)RBI NOT LISTENING

5)LOTS OF PIL IN DIFFERENT PLACESNO AUTHURITY IS ENTERTAINING OUR PLEA DESPITE OF OUR GLOBAL CEO HAREN KAUR WRITTING MANY TIMES...

SO SUPREME COURT CAN ONLY GIVE THE FINAL VERDICT WHICH IS THE TOP MIST COURT OF LAW
GUYS PLZ PRAY FOR OUR COMPANYNOW THE MATTER WILL BE SOLVED ONCE FOR ALLJAI SPEAKASIA


Source: http://www.speakindiaonline.com/forum/topics/saol-lawyers-to-move-to-supreme-court-on-23-august?xg_source=activity

Sudhakar

Speak Asia COO looks very confident

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According to All India Speak Asia Panelist Association's secretary ashok bahirwani, Speak Asia COO was looking confident than before although he is in Thane police station. Mr. Tarak passes a message that He is coming out soon, he also challenges to EoW officers that they will not hold him for long time. He is so confident (as well as before) that after his release SAOL will rock.

Till now EoW could not find anything serious allegation against SAOL or Tarak Bajpai, EoW is trying to convince some franchise to stand against SAOL but they failed. According to Franchise of SAOL.


Source : http://speakasiaonline.mobi/?p=1295

Sudhakar

Ashok Bahirwani's Updates on Current Status of SpeakAsia

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Ashok Bahirwani, Secretary, AISPA - All India SpeakAsia Panelist Association

Hello Friends, fellow-Speakasians,

Today was a very busy day and i attempt to report as follows:

It started with my Meeting with the Associations Council Mr. Ahmad Abdiji we had a long conference on various issues.

We discussed in detail the present situation and the route ahead.

We discussed that the PIL filed by the Association on Saturday i.e. 20th August, 2011 will now be mentioned before the Chief Justice of the Mumbai High court for admission tomorrow morning at 11.00am.
We hope that the Associations PIL as filed on 20th August 2011 be heard by and along with the earlier criminal PIL.
We, have agreed, and decided that a RTI application, be filed before the relevant RBI authorities, with the following details.

Writ petition (lodg.) No. 1365 0f 2011

Speakasiaonline pte. Ltd. and others.                        ..Petitioners
Versus
Reserve Bank of India                                                .Respondents

Coram: Dr. D. Y. Chandrachud & Anoop V. Mohta, JJ.
Date: 14th July, 2011.

The honorable lordships in their order dated 14th July, 2011. Had opined in their order on page 5 para 6 line 2 as follows:

Relevant Extract:


"However in the interest 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 representation."

The lordships further in line 11 go on to add as follows:

"We accordingly dispose of this petition by permitting the petitioners to place representations on the record of the Chief General Manager of the Reserve Bank of India, who had issued the circular dated 23rd May, 2011. In the event that such a representation is made, we would expect the Reserve Bank of India to make 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 meeting which may be convened for that purpose".

The question for the RTI may arise as follows:

Has the Chief General Manager, RBI been approached by the company Speakasiaonline pte. Ltd. if yes when?

If Yes, Has the chief General Manager, RBI given an opportunity to the said company to present their business module?

What was the reason?, on what grounds?, what was the causative action which forced the Chief General Manager to issue the circular dated 23rd May, 2011?

Has the meeting been convened as the lordships ordered?

Friends, this is the broad outline and grounds for the RTI application.

My advice to all of you is that please arrange proper legal councils, spend money, and get good experienced advocates on board.

For any document support send your request to speakasian.ashok@gmail.com with the subject "RTI help".

I am asking you to write to me on my Id only because the speakasia.association@gmail.com is being flooded with the support E mails.

Your Committee then met some members of an NGO's supporting the human rights of people in Maharashtra and made a presentation to them on how lakhs of people who depended solely on the income generated from the SAOL module have been robbed of their legitimate right to earn.  By this malicious campaign they have been robbed of the opportunity to their livelihood and respectful existence.

The Committee Members then met and decided on the following steps for the immediate future over the next couple of days:

Immediate focus is to seek our COO's Release.

We need to see that the Associations PIL is admitted tomorrow.

The associations PIL has to be clubbed with the initial PIL and should be heard along with the original PIL.

To Launch the Associations own Website thereby providing an Authenticated Forum for the Panelists.

To register the association and open the Bank Accounts.

The resultant outcome of the hearing of the PIL hopefully on Wednesday i.e. 24th August, 2011 will decide our future course of action.

As an aside, I wish to mention here that the immediate pre operative expenses are being borne by the office bearers and the committee members on an individual basis. But going forward we may require monetary support from the speakasian family, and we are in the process under advice of legal counsel, deciding how to go about it.

It will not be out of place to mention here that the legal fees of our counsel Adv. Ahmad Abdiji has been paid by your Office bearer by individual cheques.

Tomorrows Agenda is as follows

Early Morning meeting of the core committee for E support and website development.
Attending the Thane Court where Tarak Sahibs Bail application will be heard.
Meeting PR agency to discuss PR activity to fight negative campaign.
Collate, and putting material together for Wednesday PIL hearing.

That is all friends.
Proud speakasian
Jai Speakasian
Ashok Bahirwani
Secretary
AISPA


Source : http://speakasiaonline.mobi/?p=1348

Sudhakar

SpeakAsia Latest UPDATE

Court has rejected the Request of Police to extend the Custody,
And granted Judicial Custody for next two days...
And the BAIL application has been accepted by the court...
Now on 25th August(Thursday) ,
Proceedings regarding BAIL will be HEARD in the court...
HOPE to Release of TARAK JI on that very day..

As per news further police custody of meera road police station has been rejected by judge , judicial custody has been granted , bail request is in progress

Bail plea admitted in court and will be heard on thursday morning, judicial custody for two days


Source : http://speakasiaonline.mobi/?p=1393

Sudhakar

Who is playing the game

Why JUSTICE for Speakasia Family, seems to be so hard and tough to achieve. We are asking nothing but JUSTICE. Today Speakasians are being used against Speakasia. We have to understand one thing that our rivals are not a very easy one. This is generally happens in INDIAN POLITICS. The reason behind the Snail Progress of Speakasia case must be due to the ENTRY OF POLITICS.

So, as a True Speakasian it is the high time to find out  seriouly....
1. Who is playing the game.
2. Why death of SOAL is so important for this POLITICAL FORCE, while everyone knows Speakasia is nothing to do with politics.
3. Interesting fact is that in the fight they are using Speakasians. So, that, tomorrow,they can tell, look Speakasia is finished by Speakasian itself.

I don't have nothing to say against them. But definitely  an APPEAL to my dear SPEAKASIAN FRIENDS....

DO NOT BELIEVE ON RUMORS ON THE SITE...... RECOGNIZE THE WHO & WHY...... WHO ACTUALLY DO NOT WANT US NOT TO RECEIVE OUR PAYMENTS.....

FRIENDS Let them do whatever they like. JUST STAY UNITED. Remember this is India where nothing is impossible. Look... 74 yrs old Great ANNA JI also loosing  5 kgs weight in his fight for JUSTICE. So what to say about us "THE SPEAKASIANS." Today UNITY may be our main strength. Otherwise, I can not say... It is up to you.... just think.


Source: http://www.speakindiaonline.com/forum/topics/who-why?xg_source=activity

Sudhakar

We are Bound to win and we will definitely win – Tarak Bajpai

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CONFIDENT Tarak Bajpai
This is the first video message by Tarak Bajpai for all the SpeakAsians after his custody...

:: Please note ::

Tarak Bajpai is the only employee of SpeakAsia in Custody. two of them are employee's of ,Tulsiyat Tek Pvt. Ltd, and one is the ,Panelist of Speak Asia.

When Tarak Sir met Association members today, he said "Let me come out, i wil try my best and make sure that Payments starts in next 7 Days8)

Cheer Up Guys, let him come out, u will get rich in no time..!!



Source : http://speakasiaonline.mobi/?p=1405

Kalyan

Dear,Speak Asians

As u all know that day today was a hearing on PIL submitted by AISAPA so these are the updates of the same as follows
1. Hon High Court ordered to RBI MCA and Roc to submit there report in 14 day this is a good news for us.
2. RBI have to Answer that Why they freeze the Account of SAOL and if they Will not give the suitable answer than RBI have to defreez the Account of SAOL and have
to give permission the panelists
3. The Hon high court ordered to EOW to submit there final report of investigation in 10days,
4.The next hearing date is 7th SEP
So be positive result will be on our favor

Ashok Sirivastava

Speak Asia can be compared to the Congress under Manmohan. The Congress is not interested in a Jan LokPal Bill that on becoming law will at the first instance put many of its corrupt members on trial not only wrecking the image of the party but also fall of the government.

Speak Asia is no less. Just to continue functioning in India it is offering to the RBI that it should be allowed banking facility in India to pay its panelists and at the same time offering an olive branch by way of an Exit Policy to panelists wanting to get out of it. This propaganda is for panelists who do not have the intelligence to read between the lines and have only the herd mentality. The Exit Policy is skewed against panelists who have more accumulated RP than their membership fee of Rs11k. They will not be paid anything. Secondly, to be allowed banking facility in India is only in order that the monies of franchisees of HVP blocked is released to be siphoned off abroad to the accounts of Haren Kaur who will be laughing all the way to the bank. She has already run away with over Rs5000 crores that she made from Indian panelists. No harm if she can add some more crores to the same. The registration by RoC of their office in Mumbai and a banking account is the least she could give to the Indian panelists to continue the business on their own as they deem fit. If it runs she will make more money else she would not care as she already has enough.


Kalyan

Breaking News and Confirmed:
For next 4 to 5 days, all the operations and happenings of the company will be kept purely confidential. So, if anyone posts or claims any news to be confirmed, dont Trust them. Everything is happening for our goodwill, so kindly keep patience and stay united.

Sudhakar

Speak Asia Latest updates as on 30/08/2011

Dear SpeakAsians,
At this critical point of time when the fierce battle is going on in legal arena when not many concrete updates are coming we would like to provide you with following news which should keep you away from any rumor:

1. As lot of rumor is going on that the COO Mr. Tarak Bajpayee has been released on bail by Supreme court on 29/08/2011 is not true. We have authentic information from the official SAOL sources that nothing of that sort has happened. Though he is expected to get the anticipatory bail very soon which will stop all the arrest apprehensions from across India by various state police in similar cases.

2. The control of the website www.speakasiaonline.com is still not with the SAOL management so only panelists are facing problems which are pure technical in nature. There is nothing to panic because of website not being functioning properly because as soon as we get some relief on the battle field of the law correcting a website is peanut.

3. There are hearing of cases going on in various courts of laws in India related to SAOL and till now nothing has been proved against of Speak Asia in any court of law. Any learned person in India knows very well that any court would not deliver its judgement merely based upon negative campaigning by media against any entity. It will go through each and every fine detail of the facts before delivering the final judgement. Looking at the current scenario of SAOL case victory in court is sure but no one in this world can give a date.

4. Speak Asia Panelists Association (AISPA) has filed a PIL (Public Interest Litigation) before the Honorable High Court at Mumbai which is now posted for 7th September, 2011, when the Government of Maharashtra is to file its reply. Apart from this some of the panelists have independently moved the Honorable Supreme court and are in the process of filing a PIL before the Supreme Court asking for ad interim relief and requested that the money which is seized by the authorities in India be brought under the custody of the Supreme court and under its supervision be distributed among the panelists.

5. As per our official sources we can expect some critical and probably good news on the legal front in this week. So stay tuned with only reliable media and do not pay attention to rumors and for god shake you don't join the people who spread rumors for cheap publicity of themselves and play with the emotions of millions of innocent investors across our country.
Regards
Team BizBasket


Source: Team BizBasket (http://www.bizbasket.net/2011/08/speak-asia-latest-updates-as-on.html)

Sudhakar

SpeakAsia Management has created its own blog

Dear All,
As you are aware that our website & server admin rights are with EOW Mumbai currently and we shall get the same back only after the EOW is done with their enquiry, till such time to communicate with the panel, the management has created a link on a popular Blogging site. The page will get frequent updates & information about the company & message to the Panellist community from the Chairperson  & CEO. Share the link with all...



Source : http://speakasiaonline.mobi/?p=2200

Sudhakar

SpeakAsia registered in BanglaDesh

Good news for Bangladesh Panelists that SpeakAsia registered in Bangladesh on 17th August 2011.

DEAR SPEAKASIANS,

ITS GOOD NEWS TO HEAR THE REGISTRATION OF SPEAKASIA IN BANGLADESH. TIME AND AGAIIN, EVERY OTHER NEWS CHANNELS WERE ASKING LOT MANY QUESTIONS ON WHY THE COMPANY IS NOT REGISTERED IN BANGLADESH AND WERE ASKING FOR THE POLICE ACTION TAKEN ON SOME OF THE EMPLOYEES OF SPEAKASIANS. NOW ONCE FOR ALL THEIR MOUTHS ARE SHUT AND SPEAKASIA IS REGD IN BANGLADESH. HOPE NOW IN INDIA ALSO IT HAPPENS IN ANOTHER FEW DAYS ONCE THIS COURT MATTER IS OVER.


Source link is: http://www.roc.gov.bd:7781/psp/nc_search
(Bangladesh Government site)
Registration Number:7896
Name of Company: Speak Asia Online (BD) Limited


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More over on 17 August 2011 SpeakAsia Online (SAOL) has achived their registration in Bangladesh chapter to operate their business in Bangladesh, The official source confirm the news to us. According to SAOL (BD) they are going to organize a seminar at Bangabandhu Chin Moitri Sammelan Kandra on 24th or 26th August 2011 of this month.

According to Raju, the Speak Asia Online (BD) Limited is totally different entity. They are planning to bring product for their Panelist and following condition could be applied for the Bangladeshi Panelist-

1. Only e-Walet RP (Rewards Points) could be transferred to Bangladesh BANK.
2. With Survey eWalet, a panelist could buy product s, or can make PIN ( Personal Identification Number).
3. Head office could be established at Dhaka in Bangladesh but the registered office at Chittagong.
4. Bangladesh SpeakAsia Management expecting to start their operation from the end of this month


Source : http://speakasiaonline.mobi/?p=940 & http://www.aplhsindia.in/2011/08/speak-asia-online-bd-limited-has-got.html

Sudhakar

#97
Communication from the Chairperson & CEO of SpeakAsia

A communication from Chairperson & CEO of SPEAK ASIA ONLINE PTE. LTD. Mrs. HARENDER KAUR

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Source : SpeakAsia temporary official blog - http://speakasiaonlinemarketing.blogspot.com/2011/09/communication-from-chairperson-ceo.html

ganeshbala


Kalyan

These are the conclusions from yesterday and authenticated.

Court proceedings of 7/09/2011:

Firstly, EOW didn't show up in the court yesterday,there is a reason behind that and its between the Speakasia and EOW.But EOW lawyers confirmed that they didn't found anything against Speakasia.As such EOW will hold talks with officials of Spkasia regarding a constructive structural plan to pay the panelists and will have a thorough discussion on Speakasia as directed by the court.Further points will be updated letter.

Secondly,MCA and RoC are asked time and they were given a date(21/09/2011).As the PIL is in pre admission stage,MCA and RoC is not in a position to say anything about Spkasia(nor FOR neither AGAINST) so they were given a date.

N.B : EOW has no any problem with Speakasia in legal terms and no economic offences were found.
N.B : This meeting is not for registration process and payment approval.Its the duty of MCA and RBI for all that and not EOW.

Thirdly, Positively by tomorrow a meeting is scheduled(fingers crossed) and after that the site will be active by Saturday or latest by Monday and after that Exit option may start(hopefully).

Finally, all were expecting an update from ASIPA yesterday since it was their PIL and also a crucial day for all of us.But for some sole reason,and for the betterment of the panelists the update was not published yesterday.All support it,please.Since,it will help us in the future,trust me.