Hi Rod Speed, hows it hangin 

19-Apr-95 09:09, Rod Speed wrote to Peter Nicolas
          Subject: Extra Cash

PN>> It is MLM. NOT pyramid.

 RS> Fraid so. You cant get around the law just by changing the name.
 RS> That is in fact an absolutely classic pyramid scheme. Have a look
 RS> at this bit,

RH>>       If you signed up 5 people for the discount,
RH>>       and those 5 signed up another 5 each,
RH>>       then that 25 signed up 5 each, and
RH>>       that 125 signed up 5 people each,
RH>>       you would receive over $700 per month,
RH>>       paid directly to your bank account.

 RS> Your income is almost completely generated from the pyramid structure,
 RS> not from direct sales you yourself have made to a customer. THATs why
 RS> its a pyramid marketing scheme and not a Multi Level Marketing scheme.

These schemes always make me laugh becuase they really only work for the
people who start the scheme. A little simple maths shows what a scam these
systems are:
                                                                                
Iteration   # new people  total so far
1              0              1
2              5              6
3              25             31        
4              125            156
5              625            781
6              3125           3906
7              15625          19531
8              78125          97656
9              390625         488281
10             1953125        2441406
11             9765625        12207031
                              ^^^^^^^^
By the time you get to the 11th iteration, more than the entire working
population of Aust. will be involved. Who will pay them ? 80% of the number
of people involved joined on the last iteration, and are funding the starters.
So for the bulk of people paying for a scheme like this, the chances are
you won't get a cent. This applies no matter how small or large the number
of iterations go.

BTW :- Another 3 iterations, and you will run out of working people on this
planet to join this scheme.

// This is a comment from Jeff Hill
// Internet -> jeffhill{at}ozemail.com.au
___ Terminate 1.50/Pro