drankoolaid
August 23rd, 2006, 11:47 PM
Hello,
The following recent thread might has been missed
by some of you dedicated YMMSS/ Success Through Advertising
Kim Inman watchers --
http://www.matrixwatch.org/forums/showthread.php?t=4494
Especially relevant for any STA fence sitters
who are still 'giving things more time' and 'wait and see.'
The thread relates to the 3% referral fee that was
successfuly used to induce/entice some fairly heavy
investment into what was then YMMSS [now STA]
The great ESTO mentioned the 3% referral fee
in one of his rather long rants on one of his 'blogs' --
ie: cyber debris still floating around --
i will post ESTO's direct QUOTE here regarding the then 3% referral fee
Esto Wrote:
"YMMSS has never sold marketing materials period.
Nor has it ever offered rewards to induce people
to simply enroll."
Then he Wrote This immediately after --
"We will have the option of receiving 3 percent of
the product purchases of those we personally
enroll (following their initial purchase)."
With A Justification
"But in YMMSS 3 percent is a minor reward for
introducing others. And it is a tiny element
within our Success Program. Indeed, if you elect
not to receive, it simply goes into our
commission’s payable fund."
Esto On Ponzi Schemes
Our Success Program Compared to Ponzi Schemes
It says a "Ponzi scheme is a fraudulent
investment operation that involves paying returns
to investors out of the money raised from
subsequent investors."
A Ponzi Scheme cultivates greed and "perpetuates
itself using envy".
A Ponzi Scheme encourages more and more
investment.
Well:
Ponzi Schemes require "incoming investment money"
to pay earlier investors.
Bottom line:
In Ponzi Schemes "at some point ... the operators
disappear taking all of the capital amassed with
them."
michael
The following recent thread might has been missed
by some of you dedicated YMMSS/ Success Through Advertising
Kim Inman watchers --
http://www.matrixwatch.org/forums/showthread.php?t=4494
Especially relevant for any STA fence sitters
who are still 'giving things more time' and 'wait and see.'
The thread relates to the 3% referral fee that was
successfuly used to induce/entice some fairly heavy
investment into what was then YMMSS [now STA]
The great ESTO mentioned the 3% referral fee
in one of his rather long rants on one of his 'blogs' --
ie: cyber debris still floating around --
i will post ESTO's direct QUOTE here regarding the then 3% referral fee
Esto Wrote:
"YMMSS has never sold marketing materials period.
Nor has it ever offered rewards to induce people
to simply enroll."
Then he Wrote This immediately after --
"We will have the option of receiving 3 percent of
the product purchases of those we personally
enroll (following their initial purchase)."
With A Justification
"But in YMMSS 3 percent is a minor reward for
introducing others. And it is a tiny element
within our Success Program. Indeed, if you elect
not to receive, it simply goes into our
commission’s payable fund."
Esto On Ponzi Schemes
Our Success Program Compared to Ponzi Schemes
It says a "Ponzi scheme is a fraudulent
investment operation that involves paying returns
to investors out of the money raised from
subsequent investors."
A Ponzi Scheme cultivates greed and "perpetuates
itself using envy".
A Ponzi Scheme encourages more and more
investment.
Well:
Ponzi Schemes require "incoming investment money"
to pay earlier investors.
Bottom line:
In Ponzi Schemes "at some point ... the operators
disappear taking all of the capital amassed with
them."
michael