Basically i am referring to an individual or company that invite you to a sales presentation and induce you to participate in their programme by giving free holiday or showing how much money you can make when you join them.
I have been to many of this presentation mainly from 'Time Sharing' programme , MLM company and many more. Some of them are genuine offering 1-2 night free stay when you complete their sales presentation on 'Time Sharing' programme and answer a few questionnaire. After attending a couple of times , i decided to join one of them which gave a good offer & return.
An initial payment was made as a deposit and the balance of payment are split into 12-18 payments and this allows me to enjoy some of the benefits which included free stay in their affiliates resort worldwide.
Well i did not manage to utilize it , some how or rather i was really busy with work , family and etc. End up making a couple of payments and eventually i stop paying and ask for a refund from the company. After talking to them for numerous time , my request was not entertained.
Weeks later someone called up and counter offer me with their proposal , i got irritated and didn't bother about it. I treated it as a bad investment or perhaps bad debts and live goes on.
I have decided to not attend any of the these 'Time Sharing' presentation anymore no matter how lucrative is the offer and incentives until today. No doubt there are many calls from them offering free stay , free stuff.. i just have to reject them immediately over the phone.
Opportunity knocks , dad told me that there is a great health product that he is convinced and enrolled me to take a good look. Was there at 8 am on one fine Saturday morning , the centre was well decorated , furnished and pack with new comers. After a long queue for registration , they tuck me in a conference room with mostly new comers and leaders , a welcome message by group leaders which is energetic and convincing.
We break for lunch at 12 noon and proceed to another session at 1 pm , i was very curious on the product but the product presentation is schedule at 4pm.
Without much choice i attended another round of presentation and sales talk by some leaders. I kept looking at my watch and waited till 4pm , hurray.. time for product presentation!! But presentation only starts after tea break , am getting very impatience by this time. After waiting that long , i told my self ..might as well wait and see what is this product all about. No sign of product until we left the room and adjourned to reception area. A thank you message from the group and we left the building. Was so tired and totally forgotten about the product!!
Only get to see the product a week later when dad told me that he paid on behalf of me and hope that i can enroll a few people. He paid Rm 4k++ with his credit card for enrolling me into the session , sales kit and the product "Magnetic Mattress" , investment paid and he enrolled a few more people. I chipped in 1 or 2 of my friends but they didn't signed up due to lack of finance. I couldn't find time , so i will just refer and my dad will bring them over. Few weeks later he showed me a fat pay check from the company and enrolled my younger brother and mum too.
He has been very active for a few months , until one bad news arrived.
The company is in trouble... :)
Closed down and there goes our investment... all our down lines keep calling , wanted us to refund their monies and scolded us for referring them. We felt cheated and what is left is the product and a bad investment of approximately RM 40k...
** This is a very well planned company , with renovation and interior decor cost more than 1 million ringgit and employ many speakers , top MLM leaders to start off and made tons of money before shutting down.