A Happy New Day for all Esteemed Members of Meridians – Greetings!
The past few days and weeks has been a challenging but yet expected tides in Meridians Life Support Compensation Plan changes. First we will like to tender an unreserved apology for the effect the sudden changes in our compensation Plan might have caused most of you. In the past weeks and during the Car Award we were sounding the trumpet because we saw the Tsunami coming, and unfortunately it met some of you so quick and so sudden. WE SINCERELY APOLOGIZE FOR ALL ITS INCONVENIENCES.
We will like to use this opportunity to address some of the important questions raised by Most of you our Dear Members on the resent changes on our compensation plan.
Why the change and why sudden? Answer: Originally we were to review and make some adjustments on some areas of the business due to the present Economic Realities, for Example, from our original Blue Print, Members are to receive an Android Phone of $50 at the completion of Bronze Stage, eventually the Economic situation changed drastically to the point where we have to give Android phones of $70 because there were no longer any Android at $50, this situation has accumulated for several months.
But why the Sudden change? Answer: In addition to the Hash Economic realities, 70 – 90% of our Members are not doing pure networking, our site is filled with members investing huge amount of Money, as a result meridians was losing $100 on each person that enters Gold Stage, and our loss kept Increasing Exponentially by the multiple of 2 as you progress to Diamond and Executive Diamond. This is totally unacceptable. Meridians is not an investment platform, Members get registered to benefit from our services. Steps have to be taken to salvage the situation.
Why was their no Prior Notice? Answer: Even though we reserve the right, we considered the implications of giving Prior Notice. Giving Prior Notice for about say 3 days or 1 week or 1 month will create room for more Heavy Deposit of huge amounts of Money into Meridians bank accounts. After Dr. Madu’s speech on the Day of Award which was on 29th of October, people were depositing huge amount of Money, as huge as 5 million Naira. This is pure investment that creates Imaginary names. Prior Notice will make members already involved in Heavy investment to line up in the Banks for Deposits, and that may have been disastrous.
It will be a sad Experience to wake up in the morning and hear “site on sale.” We have taking a great Step to mitigate disaster and we appreciate our understanding members who quickly and understandably aligned themselves with this New Changes. The Present changes are a more stable and safer ground even if a Member deviates from the principles of Natural Networking.
We want you to appreciate the fact that our Matrix still Remains 2 by 3. We want you to appreciate that our Award criteria still remains the same. If we have to allow the compensation plan to remain as it was with our Members engaging in Massive investment, we will be forced to expand the Matrix to 2 by 4 or 2 by 6, which will make it extremely difficult for Members to qualify for a Car. Those of you who are seasoned network marketers understand what it means to run on 2 by 5 or 2 by 6 Matrix. With our present Matrix, you cannot do meridians seriously without getting a Car in 6 months. It will be extremely difficult to survive with $20 or $25 on 2 by 3 logic especially when Members will be engaged in Massive investment rather than Networking.
Long live Meridians and Long live all of you Members.
Sign: Dr. Gift Madu