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Presentation Rules of conduct

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Dear IBOs
The Onyxum presentation rules of conduct have been added on our Talent Training Program in three different languages: English, Persian and Armenian
Since the Onyxum services and compensation plan presentation is one of the most important topics in developing IBOs’ business, it is really important that all IBOs read and understand the mandatory rules for representing a legitimate and perfect presentation.
IBOs who do not have Talent Training username and password, please leave us a direct message on Facebook or Instagram @onyxum.info to get the codes.
 
Presentation Rules of Conduct
‘‘multi-level marketing plan’’ means a plan for the supply of a product whereby a participant in the plan receives compensation for the supply of the product to another participant in the plan who, in turn, receives compensation for the supply of the same or another product to other participants in the plan.
 
No person who participates in a multi-level marketing plan shall make any representations relating to compensation (1) under the plan to a prospective participant in the plan unless the representations constitute or include fair, reasonable and timely disclosure (2) of the information within the knowledge of the person making the representations relating to (a) compensation actually received by typical participants in the plan (3); or (b) compensation likely to be received by typical participants in the plan (4), having regard to any relevant considerations, including (i) the nature of the product, including its price and availability, (ii) the nature of the relevant market for the product, (iii) the nature of the plan and similar plans, and (iv) whether the person who operates the plan is a corporation, partnership, sole proprietorship or other form of business organization.
 
Representations Relating to Compensation: A representation relating to compensation is any statement, declaration or image that conveys a message about the compensation a person could expect to earn as a participant of an MLM plan. A representation relating to compensation is not limited to a dollar figure or monetary range, but may also include: representations about obtaining, as a result of compensation under the MLM plan, luxury goods such as vehicles, jewellery, watches, homes and vacation destinations (this could include images of such luxury items, where the general impression created by the context in which the images appear is that the items can be obtained as a result of compensation under the MLM plan); promises of opportunities to earn bonuses, commissions and other financial rewards; profiles of individuals who have been unusually successful in earning money in the MLM plan; similar representations as those mentioned that are made in testimonials; and testimonials from people who claim that, as a result of compensation under the MLM plan, they were able to improve their quality of life, quit their jobs or eliminate all their debts.
 
Fair, Reasonable and Timely Disclosure: In order for disclosure to be fair, reasonable and timely it must:
be accurate;
be clear (e.g.: of an appropriate size and in legible font, if written; at an appropriate speed, if oral; and presented in a comprehensible manner);
be presented in close proximity to any other representation relating to compensation (e.g.: on the same page of a written document; or immediately before or after the representation in an oral or audio/video presentation);
have similar prominence to other representations (e.g.: not buried in a footnote);
relate to compensation of typical participants (defined above);
include a description of the amount of time and effort that would be necessary to earn a particular level of compensation under the MLM plan;
ensure that prospective participants learn what a typical participant would earn in a year;
be available to participants (and prospective participants) looking for information about compensation levels;
and be updated after six months of operation (in the case of a new MLM plan) and annually thereafter, using the most recent findings and data regarding what its participants earn.
 
compensation actually received by typical participants in the plan (Related to companies with more than 1 year of experience): Typical participants are representative of the smallest range of compensation earned by over 50% of the participants in the MLM plan. Where an MLM plan sets out defined levels of compensation and no single level accounts for the majority of participants (greater than 50%), reference must be made to the fewest levels that together, include a majority of the participants. Thus, the average compensation of participants in an MLM plan is not normally considered to reflect the compensation that typical participants receive or are likely to receive, because the average can be skewed upward by a few high income earners. For the purposes of this calculation the Bureau excludes individuals who have been participants for less than one year.
 
Compensation Likely to be Received (New Multi-level Marketing Plans): A participant making a representation about compensation in a new MLM plan must disclose the information within his or her knowledge relating to compensation likely to be received by typical participants having regard to any relevant considerations, including: the nature of the product, including its price and availability; the nature of the relevant market for the product; the nature of the plan and similar plans; and whether the operator of the plan is a corporation, partnership, proprietorship or other form of business organization. A participant making a representation about likely compensation should consider any assumptions made, and the resulting compensation estimates, to ensure that they are realistic and reliable.
 
 
Results:
 
Compensation levels in new MLM plans should be reviewed after six months from commencement to ensure that there is no major discrepancy between the disclosure of the stated levels of compensation likely to be received and the levels of compensation actually being received by typical participants in the plan. After one year, the operator of an MLM plan should disclose compensation actually received by typical participants instead of any projected compensation forecasts. Foreign MLM plan operators wishing to expand operations into Canada may make representations relating to compensation based on that plan’s foreign compensation history. Basing information on a foreign history is conditional on the operator establishing that there are sufficient similarities between the foreign MLM plan and the proposed Canadian MLM plan, such as: type of product; market conditions; and demographic similarities. Compensation actually received by typical Canadian participants should be used after one year and reviewed and updated annually.
 
it is anticipated that approximately more than 50% of IBOs may be able to receive predictably 115 USD per month commission monthly during 12 months from the date of registration ( the anticipation are made considering the nature of the product, including its price which is 10 to 20 % less than market price and availability of hotels in the countries that IBOs work, the nature of the travel industry which is considered to be the second largest industries , the nature of the binary plan that could grow exponentially, and the nature of company which is stablished as a corporation in Canada). Compensation levels in Onyxum MLM plans will be reviewed after six months to ensure that there is no major discrepancy between the disclosure of the stated levels of compensation likely to be received and the levels of compensation actually being received by typical participants in the plan. After one year, Onyxum will disclose compensation actually received by typical participants instead of any projected compensation forecasts.
 

Table : Compensation likely to be received By IBOs in a single year, providing that 50% of IBOs accumulate at least 5 VP on each side of his/her placement (totally 10 VP) in the period of up to four months.

Month

LEFT VP

RIGHT VP

COMMISSION

1

 

 

 

2

 

 

 

3

 

 

 

4

5

5

200 USD

5

 

 

 

6

 

 

 

7

 

 

 

 

8

10

10

400 USD

 

9

 

 

 

10

 

 

 

11

 

 

 

12

20

20

800 USD

 

TOTAL

35

 

35

1400 USD

  • Monthly average payment: 115 USD
  • Approximately more than 50% of IBOs may be able to receive this commission during 12 months from the date of registration.
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