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 Island Red Cafe, MLM Business 5% fixed return

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whitegoh
post May 15 2009, 07:26 PM

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i had joined the irc.
i think is not bad judging my pass experience with MLM.
the food is not nice to be honest, the drink still okay.
anywhere, i already earn back my my money liao so i didn't care much liao..
and for the license, my friend tell me that irc don't have the any license under their name however irc have bought a company with MLM license.
that all i want to say..anywhere is worth to try it..


Added on May 15, 2009, 7:30 pm
QUOTE(alanyuppie @ May 15 2009, 12:41 PM)
Haha. Don't be deceived by the looks of the packed restaurant. Many of them dined using their vouchers. Those who "attracted" by this "good business", might join and being given vouchers. Naturally the vouchers will be used to further ensure the restaurant always packed with "customers". And the cycle continues.

Their food aren't special, nor their restaurant theme. The only thing that keep it running and in "good condition" by onlookers are the vouchers.

As many had said before, the bubble is growing and IT WILL BURST.
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i don't think so, is been 2 year liao irc running business, now more and more outlet gonna open, if it is not profitable, how on earth that irc can open 20 outlet??? whistling.gif

This post has been edited by whitegoh: May 15 2009, 07:30 PM
whitegoh
post May 15 2009, 08:51 PM

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QUOTE(wodenus @ May 15 2009, 08:01 PM)
Three words : other people's money. When that runs out, we'll see whether they can survive or not smile.gif
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then when will other people's money will runs out???? hmm.gif
whitegoh
post May 17 2009, 10:00 PM

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QUOTE(YuNGSeNG @ May 17 2009, 12:37 AM)
Today just meet with IRC members to discuss regrading the scheme. I'm just share about what I'm understand from them and I want to seek for you all opinions. The reason will be my friend is new in society and he is interest to join IRC scheme. As a friend, I want to help my friend to find out whether this scheme is good or bad.

The new scheme is not same like the 6K investment as many forumer mentioned early anymore. The new scheme is a binary MLM concept and they didn't deny it also.

The new scheme is :
You can join in one of the level in many different levels with different capital (or they call the levels as stars), the minimum level is RM360 and the maximum level is RM4K somethings. Of course, high level = high capital = high return.

Pay RM360 to join the minimum level, you will get a RM300 food voucher. The MLM is running as binary, means you only need to find 2 downlines, and the 2 downlines each of them need to find 2 downlines and continually going on.

I'm not familiar with the marketing plan and affraid to give wrong infomation, so I just "steal" the marketing plan from http://azizulgroup.blogspot.com/ after I google it. Hope you all can analysis and understand.

Question now :
1. The legal issue of this new scheme. Not investment anymore, it is a binary MLM already. Which license they need ? And did they already got the license ? (I already found out IRC don't have AJL license http://www.kpdnhep.gov.my/index.php?option...=215&Itemid=216)
2. The logic of the commission (return) ? Can be sustain for long term ?
3. Why they change the old scheme and create a new scheme ?

I hope those who want to contribute the answer, come with some "prove" but not only based on what do you think. If the answer is based on your "think", no point we discuss it.

I'm neutral in this new scheme  smile.gif
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my friend who doing this MLM irc tell me that they have buy over another company which it has license to run MLM.
and they change the old scheme to new scheme is probably the old scheme is not running well so they change to new one. compare the old and the new scheme, the new scheme is much clearer and more easy to understood.

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