Tuesday, 16 March 2010

It is only money circulation scheme, Masked IBOFB

After Clueless Tex and Baffled Trivedi, the Confused IBOFB joins the bandwagon of brainless chicken. Otherwise, is he feigning ignorance? Everyone is aware of the 6-4-3 scheme and it could be understood that IBOFB pulling a confused face. Or is he poor in mathematics?
The IBOFB claims to have read the Andhra Pradesh High Court Judgement. The Division Bench quoting the affidavit filed by Amway India itself elaborated the scheme and came to conclusion that the business model of Amway India is illegal and attracts the provisions of the Prize Chits & Money Circulation Schemes (Banning) Act, 1978.
On one hand, the Baffled Trivedi says that there is no bar on the number of distributors to be enrolled and the Confused IBOFB says otherwise. According to him, 6-4-3 means in only 78 people. 6 X 4 = 24 and 24 x 3= 72. 6+24+72= 102 +1(the first distributor) = 103. This is the simple maths, And it goes above the confused IBOFB's head.
According to Trivedi, a distributor could enroll any number of distributors. And no compulsion to enroll too,Trivedi says. And which one is true. Is it somewhere in between?
IBOFB no more tricks. Come out open by removing the mask. Why don't you be honest to yourself?
Let us recall the case of GoldQuest International which employed the same trick of selling products i.e. gold medallions. Now the CID has gathered the names of more than 2700 persons who amassed commission of more than Rs. 50,000. It could do well the same technique with the Amway India's money circulation scheme. That is what has been asked in the rejoinder submitted to the Chief Metropolitan Magistrate Court


Tex said...


You and Brear aren't worth the effort to ensure the math is precise. LOL

IBOFB said...

Shyam - how is there more than 103 people in Amway?

Brear - which Amway products have you tried?