I’m new to this MMM, worldwide phenomenon thing, only having been recently alerted to it by the recent ‘breaking news’ alarms and the SEC’s warning, then I realized that I’d seen people in groups, probably MMM’s marketing teams, going about Kaduna town with T-Shirts emblazoned with the green, MMM logo. I have taken my time to visit their Web site and here are a few of my findings, and personal opinions:

The MMM – Nigeria’s site has this as its URL’s meta  statement:

ATTENTION! Yes, it is possible to get 30% per month here, but this is not an investment program! This is a community of ordinary people, selflessly helping each …

It’s not an investment program?! So the so-called bonuses that are paid for registration come from where or what?

Read on…

Here is part of MMM’s message and Ideology:

MMM is a community of people providing each other financial help on the principle of gratuitousness, reciprocity and benevolence.

In MMM you don’t have to make contracts or pledge your property. In MMM there are no lenders and no debtors. Everything is very simple: one participant asks for help — another one helps.

The only thing that MMM demands from its participants is to be honest and kind to each other. You ask for financial help when you need it, you give financial help when you are able to do it.

Would you transfer money to people you don’t know just because they (MMM) ask, in the belief that the same would be done for you when it’s your turn? Why not leave your money in the bank and withdraw when in need? Why pass it on to someone else who, supposedly, has the same amount of requisite money lodged in a bank and ready to transfer to you? So it’s ‘transfer to me I transfer to you God no go vex’? Who will transfer to whom first? God demands that we all be honest and kind to each other – Love thy neighbor as thyself – but we know where the world’s been with that don’t we.

And there’s more…

Actually, people don’t need a lot of money. They need consciousness that they have it. Confidence in tomorrow’s day is what everybody really needs. It is just MMM that gives this confidence! It gives a feeling of partnership, that you aren’t alone! At the difficult moment you will never be abandoned but you will always be helped and supported! MMM is a unit of new society, brighter and better. New world, where there won’t be money. Current money. Where everything will be otherwise… Fair and honest. Where there won’t be any slaves or owners. Where everybody will work for their own pleasure and for the whole society. Where Good will defeat Evil! It will be so! There are no doubts!!

La voila!  Utopia delivered. QED. Go thee home and rest, O thou good Mavroid!

Caveat Emptor.