How will Speakasia Pay its dues...?

There are queries a plenty that how will Speak Asia be able to pay all that is due to its panelists...

::: Here is my understanding of this Situation:::

::Sources of Funds::

1. Not everyone is going to ask for the complete money immediately as there is a big surety of business coming back to its normal operations. So when money flows in with new joinings , these old liabilities can be paid off.

2. Many renewals are due, when business is going to restart the revenue from renewals would also come.

3. Then there are defamation suits filed by company, money from those too will be received and can be used to pay back the dues in the normal course.

4. And most importantly, The revenue from real clients of speakasia not to be forgotten..

::Liabilities to be paid ::

As per my understanding the immediate liability of the company towards panelists is

1. The cash request which were bounced in the month of May and June

2. The money which company needs to pay for the Persons opting for exit option.

3. The government Dues where applicable.

4. Rest all liabilities can be paid off once business comes to its normal operations through Earn and Burn Points programme..

By the way I am responsible for what I say and not what u understand!!!!

Yes, I'm an honest Indian citizen.
I have full faith in Indian constitution.
I'm a supporter of SpeakAsia. - Sanjeev Khanna

Exit Now or Never.....

As per the Supreme Court Order (copy provided below) in the Case of Speakasia, Justice Lahoti has been given powers to calculate the total dues payable to Petitioners and Authorities.  As per my understanding,  the total dues as of now would mean

1)     The tax amount which the company may have to pay ,

2)     Penalties for violating Indian Laws, if any

3)     Cash Requests of Panelists which were bounced in the period after May 11

4)     And if I am not wrong , the request of everyone who has applied for exit option using the company site created specifically for this purpose.          

If we minutely scan through the order, it no where mentions that the Business will start again so soon.  Hence fundamentally speaking, anyone who has only subscribed to SpeakAsia E-Zine  but has never redeemed their RPs using either Cash Request Option or Buying PINS , this order raises a hope for them to get their original subscription amount back.  But for all other Panelists who have been able to encash rewards more than their original subscription amount, it does not make sense for them to exit.  As and when the business is back to its normal operations, person who are opting to exit now can very well comeback and make a new entry. The exit policy of the company is copied below..

Rest all is your understanding. This is plain practical talk and I sincerely hope that using the exit option will not hurt our loyalty towards speakasia and we still stay united and supportive to bring back our beloved company to its normal operations (Even a higher platform than you could imagine.)