As anxieties continue to mount over the
suspension of the popular Mavrodi Mundial
Moneybox, MMM, by its administrators;
promoters, consultants and subscribers have
assured both the participants and prospective
participants that there is no better time to
make more money than now.
Some of those who spoke to Saturday
Vanguard maintained that the fear of the
scheme crashing was misplaced, adding that
other activities such as pledging to get help
and registering for providing help were
ongoing.
An unofficial consultant, analyst and participant
in the scheme, Osa Amadi said despite the
misconception of the suspension, it is the best
time time to make money as all it is required
is to pledge to give help of a certain amount
of money while the money remains in the
pocket pending the lifting of the suspension
and maturity date.
According to him, “the fear of MMM crashing
is misplaced. I know a lot of people were
stampeded into withdrawing their money from
the scheme, just like it happens in the
conventional banks when there are rumors of
distress and people begin to lose confidence.
So, the MMM administrators got wind of that
fears and moved to stem the impending
catastrophe. So, they stopped withdrawal, while
all other activities of the scheme are still going
on such as the Mavrod growth. As at today,
December 15, 2016, people are still getting
orders to be matched with participants. By
January, the scheme will open up fully and
people will start receiving money again. There
is no better time to make money in MMM than
now.
He explained that: “if you offer to provide help,
nobody will receive your money now based on
the suspension of withdrawal. Your money will
stay in your pocket for 30 days which is
incidentally the maturity period in MMM. So,
while your money is still in your pocket, it has
matured for interest. The day you will be
paying, the following day you will be
collecting. Unlike before your money will have
to be in the system for three weeks or more
before you withdraw. It is a rare opportunity
and experienced brokers like me will know that
there is no better time to make money than
now.”
The problem was caused by the panic and
remember that people are going on holidays,
so everybody wanted their money for the
Yuletide, and there was this mass withdrawal
and the administrators had to stop the trend.
He maintained that some top members of the
scheme who are called Guiders have been
directed to pump money into the scheme in
order to respond promptly to any shortfall in
withdrawal request so as to keep the scheme
going. “The Guiders are the leaders in MMM
and they have received matching orders to
move fund into the scheme. They are the
highly rich participants in MMM. So, with this
order, there will be excess fund to pay people
in January.
A participant in the scheme, who does not
want his name in print said: “Don’t panic, it’s
all for good. Recently, MMM started a promo
called holiday bonus in which they were giving
20% extra on top of the 30%. They instructed
that the bonus would only go for new money
not money that is already in the system. But
participants as stubborn as they are wanted to
withdraw money from the system and reinvest
it to get the holiday bonus. If this was allowed,
the withdrawal level will rise so high that it will
surpass the donation level and finally crash the
system. The bonus was meant for new money
not old money in the MMM system already.
“Remember, PH still continues only that
people will be matched by January. Their
Mavro will be growing but it won’t be matched
till January when GH starts. If this measure
wasn’t taken, MMM would have crashed last
week. So, as the case is now, money will keep
growing till January. Please don’t panic, MMM
did this to ensure that the system is sustained
and that it doesn’t crash.
A promoter known in the scheme as a Guider,
who is believed to have benefited immensely
from the scheme rationalised the move on the
social media saying that it was meant to
strengthen the scheme for continuity.
“I want to say that this new message that
seems to be causing panic out there in the
hearts of all MMM participants, does not say
that nobody will be able to Get Help, GH until
January, instead the message is saying that
you will not be able to GH until after 30days
that you actually made the payment of your PH
and the recipient confirms. Meaning that your
money must actually spend minimum of
30days outside. So, for example, if you are
Providing Help PH of 100K on 5th November,
and you are matched to pay on 10th
November, assuming that you made the
payment but the recipient does not confirm
your order until 15th November when he finally
confirms receipt of your payment, from that
instant (15th November), your Mavros will
change status to “confirmed” ( irrespective of
colour Blue or Green ), so you will only be
able to request for help (GH) on that particular
100k + 30% growth as from 15th December. It
is not that you can’t GH before January.