Questions About MLM/Networking

[misseksaherada]

Akala ko sa Pilipinas lang may MLM.. Sa Singapore din pala, akala ko mayayaman lahat ng tao sa Singapore.. Hahaha [emoji23]
Same, driven sya nung luxurious lifestyle.. Kaya meron nagju-join gusto ng same life style nung mga nauna..
Marami ako high school batchmates na Usana naman ang ginawa nila.. Ang nakakatuwa sa magic ng networking at insurance, nagkakaroon ng dahilan mag-reconnect sa mga kakilala.. [emoji23]

https://youtu.be/9bSV4HbpKfw

[misseksaherada]

Kamusta na kaya itong Siomai King.. Yung dalawang friends ko na nag-ask na bumili ako di na uli sila nag-benta sakin..

[misseksaherada]

Tiningnan ko mga high school batchmates ko na active na active sa Royale at Usana.. Mukhang wala na sila recent posts about it..
Ang recent na active ngayon yung bathmate namin na Insurance agent ng Prulife..

[BratPAQ]

Tiningnan ko mga high school batchmates ko na active na active sa Royale at Usana.. Mukhang wala na sila recent posts about it..
Ang recent na active ngayon yung bathmate namin na Insurance agent ng Prulife..

May kamag anak ako na tumigil sa trabaho at nakabili naman ng 2nd hand car sa mlm nya. Although years later nalaman ko balik trabaho na sya and wala na yung mlm.

Sent from my SM-S918B using Tsikot Forums mobile app

[KKagalingan]

Biglang lumabas ito sa news feed ko






Kaya napa search kasi im clueless hindi ko kilala the who si girl.


https://bilyonaryo.com/2023/11/05/mf...dnt1/business/

MFT’s Mica Tan: The girl boss who could… or couldn’t?

November 5, 2023
BILYONARYO.COM

By Eileen Mencias

At thirty-something years old, the self-styled trading prodigy Maria Francesca “Mica” Tan has already accomplished what most people could only dream of: becoming the president and chief executive officer of a multimillion-dollar investment firm.


In 2019, Tan, then 27, was included in Tatler Asia’s Gen T. List as “one of the “300 leaders of tomorrow shaping Asia’s future.” The Filipina Women’s Network (FWN) named her as among the Most Influential Filipina Women in the World that same year.

Tan’s biography on the website of her eponymous private equity firm, the MFT Group, described her as “the visionary” who led the company’s expansion to 10 countries, including the United States, Spain, Japan, Singapore and Vietnam. She also claimed that she initiated her stock trading journey at the Philippine Stock Exchange at the tender age of 13, and delved into foreign exchange currencies at 15 with guidance from a mentor named Mark So, all while actively contributing to the family’s pawnshop business.

Tatler Asia’s 2019 article on Tan put the company’s assets at over $61 million, an impressive feat for a woman who started the MFT Group in 2014 at 19 years old after passing on the chance to attend the prestigious Fordham University in New York because of “heartbreak,” as she told the lifestyle magazine.

But with the rise of Tan’s star comes closer scrutiny of Tan’s company—and people are now asking questions.

On Reddit’s r/phinvest community, there were queries reportedly dating as far back as 2018 about MFT Group’s business practices.

A netizen who was said to have been invited to invest money in the company sought more details about the company from other Reddit users after claiming he/she was unable to find independent verifiable information about the MFT Group’s performance “other than the PR stuff and blurbs from their fans.”

The MFT Group allegedly offers a 1% monthly return on investments (ROI), with the gains reportedly reaching as high as 35% per year. Its current offer is said to be 14% annual ROI, with an additional 5% to 10% return per quarter for five years.

“Ang promise sa amin now is yung quarterly naming na natatanggap before magiging annual na. And the % will increase in 5 years. So 5 years naka lock ang investment. We’ll see by Feb next year if totoo ito. I learned madami nagtry mag pull out but they cannot so tinanggap nalang naming. Since we knew naman this is a high-risk investment,” a post by u/YourMillenialBoss on r/phinvest read.

While the reported ROI rate was enough to raise eyebrows, what was more concerning for some netizens was the MFT Group’s alleged lack of a secondary license from the Securities and Exchange Commission (SEC) to solicit investments.

Tan is reportedly able to circumvent the need for a secondary license by limiting the investment offer to “family and friends,” according to online posts. The contract is said to be a business loan agreement or promissory note, with a company officer—instead of the firm itself supposedly signing it.

The promissory notes are also allegedly not under the name of the MFT Group or Tan’s other company, The Foundry. She reportedly does not sign contracts or post-dated checks.

In 2020, netizen lance_uy21 claimed that MFT reportedly doesn’t pay its suppliers on time and that efforts to reach the company are difficult.

The Reddit discussion on the MFT Group has evolved to the possibility of filing a class action suit against Tan.

“Gusto na namin mag file ng kaso kaso ang problema lang hindi pa nag mamature ang principal namin,” part of the post by u/Virtual_Emphasis_62 last August read.

Attempts to reach the MFT Group through the landline number indicated on its website resulted in a “not yet in service” response. Messages sent to Tan’s e-mail address did not bounce but remain unanswered.

Tan seems unperturbed by the questions and speculation about the MFT Group online. Just last month, she opened the Mondial Kidney Care Center with no less than First Lady Liza Araneta Marcos as a guest of honor.

ang dami na talaga nagtatayuan dialysis center outside hospital. Parang its the new "hi precision"

[dr. d]

ang dami na talaga nagtatayuan dialysis center outside hospital. Parang its the new "hi precision"

the need for dialysis centers, is there.
so i think it's fine, if it offers quality service, naman...

ot.
back to mlm.

[uls]

Biglang lumabas ito sa news feed ko






Kaya napa search kasi im clueless hindi ko kilala the who si girl.

heard of her dati pa

business model niya parang venture capitalist / angel investor

supposedly popondohan niya mga promising small businesses (ang kapalit share ng business)

parang shark tank

saan galing ang puhunan niya?

dunno... baka madami naipon

i heard tumatanggap / nag iinvite siya ng outside investors

a friend mentioned that he planned to invest di ko alam kung natuloy... that was many years ago

[uls]

^^^

ung mga ganyan once you hand over your money it's almost impossible to get it back

--

pagdating sa mga business just ask "how does this business make money"

usually straightforward mga business you can tell instantly how they make money

hardware, bakery, resto, auto supply, appliance center, hotel, mall, telecom company etc

but when you're presented with a "business" na vague

ung kailangan pa ipaliwanag magduda ka na

[KKagalingan]

may bago update ulit. Nadamay pa si joeyboy the spokesperson of back to office mafioso bgc/makait hahahah. Kumikilos talaga ang universe.

Silent fury: Investors gagged by Mica Tan’s non-disclosureagreements
November 12, 2023
BILYONARYO.COM

Angry investors of self-styled trading prodigy Maria Francesca ‘Mica’ Tan are reluctant to come forward because they were required to sign nondisclosure agreements.

According to investors who reached out to Bilyonaryo.com, Tan and her husband Luis Cancio are persuading them to agree to a five-year plan without disclosing details of the financial strategy.

They were also informed that Cancio will be contacting them to secure their agreement to the plan.

While Tan’s lawyer said MFT is not a Ponzi scheme, investors say otherwise.

Bek, not her real name, invested in MFT as early as 2016 when Tan was touting alleged partnerships with established businesses such as Regina Capital Development Corp., a stock brokerage house, and Tambunting Pawnshop for their online channels.

She said MFT sets monthly targets for them. At one point, the target for them was to bring in P100
to P120 million in new money to the company a month. When their team met the target, they were given incentives such as trips. After that, their target was raised to P140 million.

She said that some people put in as much as P5 million, under the impression that it represented a form of equity in the company.

The allotments.
are made to appear limited and news of new allotments opening up were even welcomed by those who want bigger returns.
Tan even hosted a roadshow at Mt. Malarayat Golf and Country Club in Batangas where they enticed wealthy families to invest in Maria Francesca Tan MFT Group of Companies Inc.

Bek couldn’t fathom how much money Tan has amassed. Theirs was just one team and bringing in P1 billion of new money in the company a year was easy.

Cheska, also not her real name, has not yet agreed to the five-year plan. She said she wants to consult with her lawyer and sees it as a ploy to delay the return of their money. Some investors she is in contact with have agreed to and signed the 5-year recovery plan grudgingly because of fears that they will never get their money back. Unlike
Bek, Cheska got into it relatively late in the game. The post-dated checks she holds are not from Tan’s account or MFT’s. She feels bad for the signatories and sees them as victims of Tan as well. Right now, she just wants her money back.
Before parting with their money, investors said ‘praise releases’ and recognition from reputable organizations including Go Negosyo factored in their decision making. Go Negosyo even awarded her as among the Inspiring Filipinas in 2018, describing her as ‘one of the pioneers in venture capital investments.’

Tan has yet to reply to the email and Viber message sent by bilyonaryo.com.

[uls]

usually mga intsik you identify them by their business

si mr go mayari ng xxx hardware

si mr lim mayari ng xxx auto supply

si mr chua mayari ng xxx tire supply

how about mica tan?

ano ba talaga business niya?

ano produkto o serbisyo?

nobody knows

tapos mag invest ka daw sa kanya

wut?