« February 18, 2008 | Main | March 21, 2008 »

March 10, 2008

March 10, 2008

Rumor re IBO Renewals Without Permission

Frequent blogger Utah shared a rumor apparently appearing on some blogs to the effect that some IBO's businesses were being renewed without their permission.

Like much of what is currently circulating on certain blogs, this is more fiction than fact. The IBOAI Board (which at the time included some of those now affiliated with TEAM), and the Corporation partnered several years ago to make sure that an IBOs' business was protected against all possible negative actions (accidental or planned). Automatically renewing all Silver Producers and above was the jointly agreed upon solution.

ADDITIONALLY, the term "Silver" is clearly being misunderstood when the real issue is with Silver PRODUCERS. The auto-renew agreement applied only to Silver Producers and above.

Anyone can be a silver in a LOS with a 7500 Silver at the bottom. Someone with 2500 PV over a 7500 Silver Producer or doing 7500 by themselves is a Silver Producer. If Mary has 10 PV and sponsors Mel who has 1000 PV and Mel sponsors Elena who has 2500 PV and Elena sponsors you and you have 7500 PV, all four of you are Silvers BUT only you and Elena are Silver Producers.

If ANYONE was auto-renewed in error, the Corporation has told us they will fix it and let them be on their way. We suggest that anyone with concerns along these lines contact Karen O'Neill in Quixtar Business Conduct & Rules. The IBOAI will assist if necessary.