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.

Comments

[Amy]

I am a Platinum and have dealt with renewals for a few years. The Corp has renewed me automatically. It makes sense. Also, my experience has always been positive with the way the Corp takes care of IBO,s wishing for whatever reason not to renew automatically or on the other hand requesting to renew after the the year ends due to an oversight.

[Mij in Jax]

I for one love the automatic renewal program! I would hate to take the chance of forgetting to renew. Seems like if someone wanted to quit and they were on auto-renewal, all it would take would be a phone call to the corporation to inform them of that fact. I feel certain that their renewal fee would be refunded and their business terminated as they requested.

[j4.1776]

i think it is great. much better then pre 99' when we had to always call in and give a cc#, or mail a check.

as soon as it was available, i was in.

you have to opt in for it to work, and the only reason i could see anyone having a problem with this is because they were opted in and decided to quit when they had a substantial enough business to warrant the corporation to assist them to stay profitable.

the average 2500PV business usually has more people involved in it then the average small business that is here in the US. WITH NO OVERHEAD

can figure out why someone would not want to keep that?!?