Not A Scam?
Q: Has anyone out there considered the possibility that PPD is *not* a scam? Every month the members that they have are paying for this service and, pardon the paradox but, the statistics show that the longer that someone has the service the longer that person stays. How can this company be on the brink of collapse (and the price is assuming that that is right around the corner) if the company is getting a direct deposit every month from those members. Whatever the reason for it, some of them do stay long term. The product is not perfect, but it is not bad and I am not sure how it is a scam to be an associate if there is a commission structure that shows how an associate gets paid for selling. Its a bit confusing to understand but I dont remember Verizon Wireless' commission structure being easy to understand either.
A: Prepaid has been around for a long time, and been trading nearly as long. There are a lot of folks that get into the business and don't make it work for many reasons. That is not a reason to call it a scam. I would venture to say that you though you were signing up for a get rich scam, and it wasn't working for you, so you think that the entire system is a scam. Many people that are seeking overnight riches often do. This is a job, and a business. If you aren't going to put in the work, then you aren't going to make the money. I have seen many people sign up for one or the other types of MMM businesses, and because they have to keep working, they get bitter. Then, I have met some that have invested their time, and they are doing very well. It's not easy and not for everyone. That being said, I have been a member for a very long time, and sometimes it's been a great thing to have, and other times not so hot. But the one thing for certain is that I have never had to fork out huge sums of cash for advise or counsel. Not with Prepaid. The only reason PPD has any stock is because 60-80 percent of operating profits (don't have the exact stat at my fingertips) go to REPURCHASING THEIR OWN STOCK. That's what's holding it up. The companies growth prospects are ZERO and if they don't GROW membership, they won't be able to pay their associates. Their business model CANNOT exist with NO or LITTLE growth. If it could WHY OH WHY would they be buying massive amounts of their own stock while at the SAME TIME insiders are DUMPING their stock holdings?!?!?! hMMMMMM.