Speak Asia online site legit or scam

@yugasini (12836)
Anantapur, India
April 27, 2011 8:49pm CST
hi mylot friends, Speak Asia online site, a new money earning site, now itself I have opened the site and it looks good to looking, but I do not know how far they are quite legit ,I do not know the payout, and any body have received the payment or not, all are new to me, now a days lot of money paying and survey sites are appearing in the net after some days they are disappearing from the net, so trust the site or not is our decision, I do not know how to register also in this site, if any body knows about it kindly share your experience
2 responses
• Chennai, India
30 Apr 11
If you are just bothered about the payments, Speakasia may not be a scam. But, if you are bothered about their business modal, you should understand that Speakasia is a MLM site. (But, everyone project it as a survey site.) Things that I don't consider good with Speakasia are - 1) The "guaranteed 2 surveys a week" raises lot of doubt over sustainability. (How come, when a BBB accredited site couldn't give this guarantee?) 2) It works on Binary style. (Most Binary plans start well, slowly they get into trouble. Recently, I've heard that they are about to hike the price. It's an indication.)
@veejay19 (3589)
• India
28 Apr 11
hello yugasini, i joined Speakasiaonline and am onto my 2nd month now.I am due for payment on the 6th May.It is a genuine site and payments are made either by cheque or directly into your bank thru ECS-Electronci Clearing System,which is faster. You have to accumulate a min amt of $ 80 or Rs4000/- since they have fixed the exchange rate as 1 dollar = Rs 50.The value of each survey is 10 dollars or Rs500.You get 2 surveys per week so you earn Rs 1000/- per week for 52 weeks ie 1 year.To join you have to pay a one time reg fee of Rs 1000 and Rs 10,000 to get surveys for a year,ie Rs 11,000/-You can recover your invested amt in 10 weeks and the rest of 42 weeks will be your profit.From 11th May they are increasing the amt to Rs 15000/- since they will be making us pay service tax at Rs 10.36.You can also refer others directly under you like in MLM and you will get Rs 1000 as bonus commision plus Rs 600/- or 12 dollars every month for 52 weeks.After 52 weeks you will have to make a fresh deposit of Rs 13000/-(formerly Rs10000/- from 11th May) if you want to continue further.If someone under you gets his own person you will not be paid but he will get Rs 600/pm.You have to join under someone, ie a sponsor.I have a sponsor who is my friend.If you do not want to do MLM then you have the option of putting your own funds, under yourself as a subpanel, ie 10000 upto a total of Rs 1lakh.For every 10000 you will get 2 extra surveys.If you put 50,000 under yourself then you will get 10 surveys /week,ie 5000/- per week which is 20,000/pm.If you put 1 lakh then you will get 20 surveys, ie 80 surveys pm and will earn Rs 40,000/pm.You can withdraw every week since the min amt is Rs 4000/- I have already put addnl amt of Rs 10000 ie 20000 and will get 8000/pm. I am planning to increase the amt either to Rs 50,000 or 1 lakh in the next few days.You can ask me any questions,just pm me and i will answer them.Good day.