Tuesday, 7 February 2012

Concerns about Unaico SiteTalk

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I was recently made aware of a new online social network called SiteTalk through a friend. SiteTalk sits under the umbrella of a new startup company called Unaico Ltd (United Nordic Alliance Investment Company) which sits under a bigger umbrella called The Enigro Group.

Yesterday I attended SiteTalk’s launch event in Hong Kong, and after sitting through the 3 hour event (which included 3 presentations and a lot of razzle dazzle), I decided that I should write something about it. I am writing because I’m concerned about their business. More specifically, I’m concerned for the people who are blindly investing in a company that promises so much, yet offers very little to demonstrate how it would become a success.

I left yesterday’s event feeling troubled at heart. Couldn’t the audience see behind the rhetoric of the presenters Dan Andersson & Rune Evensen? It was clearly a money-making scam.

As you can probably tell, the overall impression I received from yesterday’s event wasn’t great. It was a bit like two white foreigners trying to impress an audience of technically illiterate Asian investors of what the Internet can do. Except the technology described has been around since 2006. Believe it or not, they were pitching to the audience Web 2.0.

In essence, SiteTalk is trying to be a Facebook… but with a lot less capital and no solid revenue model. In fact, the website hasn’t even been finished, yet they have already “launched” it. Apparently, basic social networking features such as photo sharing and friend searching will appear in “phases”. Funny that.

One of the presenters yesterday also mentioned that a marketing campaign will commence in 2 weeks time and thus thousands of buses throughout Hong Kong will bear SiteTalk advertising. Now I’m not sure who on earth would visit a new website after seeing its web address on a bus, but for those who would, I wouldn’t be too surprised if they are greeted with a half-completed social website.

So to conclude my maiden blog post, I’d like you to warn people who have invested or are thinking of investing in SiteTalk. Reason with them… plead with them if you will, to pull out before they lose all their money. signup for free

Sitetalk is not a Scam Site

Last Time I published one hub about " Sitetalk in Pakistan " which have full information about

What is Sitetalk ?

How Sitetalk works ?

What are modes of earning of Sitetalk?

Sitetalk Unaico network is not so much old about one and half year ago this project is launched and from the first day they have strong aim to defeat or challenge Facebook and Unaico Ltd which is the direct sales network be the top most direct sales network industry. Facebook is a social network and Sitetalk also follow this to meet his target and start its building career to beat the giant of social network industry.Days pass and pass and Sitetalk have achieved its first milestone of 1 Million Users which is not a big deal in one million as Facebook growth of joining is 200 times more then Sitetalk.



What is Target of Sitetalk So We Called it as Scam ?

There are many factors which are involved in this to say Sitetalk is Scam Site or Not and I will write them here one by one.

Sitetalk hits first to developing countries like Bangladesh , Pakistan and now India as the people there are seeking for jobs and they take the best advantage of it and introduced their business plan with the concept of huge online earning and direct sales network. The main question is here to ask
Why don't they open this system in US , U.K , Canada and Brazil first who are the top most in direct sales or any kind of sales network. There business can grow more then they think but they hit the developing countries.
More then one and half year passed Sitetalk Unaico have no product in market available rather in their own site only one or two so direct sales network is just the name of their business plan.
Sitetalk Unaico attracts people to join their network and earn as free member also by advertising and sharing with your friends you will get paid. But no one even a single free member can't earn a single penny from this system.
They attract investors by joining their system will give them incentives , bonuses and rewards of different kinds but only 3 out of 100 have seen those incentives , bonuses or we can say that those rewards and bonuses are just for their own members.
Sitetalk claims to be like Facebook , if you open their website you will be amazed to see that their web developers can't even handle their website and they don't manage their database even.

Sitetalk Unaico offers OFC earning a share system earning which is not real and not indexed in Stock Market and they are internally using this and giving shares sales / purchase which is giving very less earnings to their investors.

Sitetalk have achieved some unbelievable records in Bangladesh and Pakistan as they hit 7 millions in half year in both countries. But they have not much user registered from USA , U.K and any other European countries Why ?
The activity ratio in Sitetalk Unaico is about 10% and they are thinking / dreaming of defeating Facebook. The site look is like a non professional designer who are handling this.
Their main focus is developing countries as they know that people in developing countries are looking for Jobs and they seduce their leaders to make webinars , functions in their countries and seduce other peoples by their own growth.


Was This Success of Sitetalk ?

Now you will also be think on this that in two years Sitetalk hits more then ten million user which is 900 times more then his first year.The main reason of this growth is their target of developing countries not developed countries where they know that people will not even look their website which is so slow and their staff is nothing professional. The problems which Sitetalk Unaico have are

Problems of Sitetalk :

Due to massive sign up (Fake sign ups ) Sitetalk Unaico staff are unable to hold the database of members and they closed even the sign ups for sometime to its members and the reason they are unable to hold their database.

The next main problem which investor face was that the OFC network is producing the wrong results and resulting in loss of money for many investors.

The website designers cannot be able to fix the bugs in the site for long time (simple as I have said already that they are not professional up to the mark).

The different ways of earning by which people joined their network are closed since long time which demotivates the whole community of sitetalk as it is the base of his members to join this network and this results in Sitetalk activity to zero.

The Company have blocked the Network bonus , matching bonus , 1BV bonus which are the modes of earning from Sitetalk Unaico are temporarily blocked but this temporarily period is not over for past half year.


Sitetalk Loses Trust of Its Members :

Due to the problems discussed in detail puts the image of Sitetalk down to his members and Sitetalk Unaico industry loses his trust among his all members. The leaders of Sitetalk have put much forced to their down line and show them the incentives / bonuses that they they can achieved but on the other hand new members are demotivated from the start due to the problems I say above in details.

Conclusion / Result of Sitetalk Scam :

All this problems / issues put Sitetalk under Scam category as Sitetalk Unaico have marked his footsteps in Asian countries which are developing countries and they know that they will get some money from these countries , where as on the other hand Sitetalk have not so much scope in USA and UK and European countries where even no one knows the name of " Sitetalk Unaico "

Sitetalk is now pure Scam website as the one who joins this social network on the thinking that he will earn from it he will just loose his investment and he will never get a single penny / buck from the system. The Company have now Directors , Executives , Team Mangers , Team leaders which are showing their success to new users and motivating them for the work and invest the money but they will not get a single penny in return.

On the basis of above complete information about Sitetalk Unaico you have choice what you think about Sitetalk is Scam website or not. Choice is yours feel free to comment if you have some arguments against this hub but as for me i know that sitetalk is not a scam signup for free

Unaico/Sitetalk scam

They have over 1,2 million members now and growing fast they said, here is a report from germany

Uniaco

For me it is not a scam signup for free

Sitetalk Review Scam or Real

Hey guys, Recently I came to know about a site named sitetalk.com. They gives .05 euro to open an active a/c per week.I need to know are they really pay or it just a scam!!
Please let me know and if its real then it will be a good opportunity to us to earn money online.
sitelink: [Only registered and activated users can see links. Click Here To Register...].
they said they are sister concern of unaico.com

Sitetalk-is it scam or not

a few weeks ago i have seen couple of friends join sitetalk website. this site offer 100 euro for creating 1000 profile in their website. one of friends offered me to join them. but i prefer study in sitetalk before joining. so i come here to you to give some knowledge about Sitetalk. is it scam or not? they looks like facebook but they run their business like mlm business.

anyone here worked before in sitetalk or still working? are they scam or not? i studied little bit in web. i found that they offer mastercard at 149 euro to withdraw money.

please gurus here help me. what should i do now? join them or stay away from them?

SiteTalk is Fraud?

Now a days another Free/Easy online earning scheme has been started with the name of SiteTalk.


is SiteTalk scam?

SiteTalk.com is a Social Networking Community platform. It has a goal of growing its online community more than FaceBook by sharing their income with the users. But they don’t even have a detailed earning model, nor anyone has the accurate details of its earning mechanism.

SiteTalk says that it is a FREE online earning community but we haven’t met anyone yet who has really earned from SiteTalk. Everyone we have met start telling stories of others who are earning, but no one was able to show us any working account.

One thing more we have came to hear that you will have to pay 150 Euros (18,000 PKR) in order to cash your money. So why should you pay for Free earning?

We also have created a free account on SiteTalk to check and verify how much guts it have. You can view our profile here at: http://www.sitetalk.com/publicprofile/darling4cash

. You will find many people running through the streets to add you under their earning tree, but none of them has enough details of SiteTalk.
You can also view a detailed discussion on SiteTalk at this blog, but it is quite lengthy and mostly people from Europe are using it, so that’s why we have created this blog for people of Pakistan to share their views and comments about SiteTalk.

So what you say…… is SiteTalk Fraud or Not?
Please give your comments below:

Sitetalk - Unaico is this a Scam?

P U B L I C W A R N I N G
against company UNITED NORDIC ALLIANCE INVESTMENT COMPANY
Slovene Securities Market Agency is warning investors about activities of the company UNITED NORDIC ALLIANCE INVESTMENT COMPANY (UNAICO), A 1508 Concordia Plaza, 1 Science Museum Road, Tsim Sha Tsui East, Kowloon, Hong Kong.
Company UNAICO, which is offering their services thorough internet site Unaico Ltd , has not obtained the Agency’s authorization according to Market in Financial Instruments Act (official Gazette of the Republic of Slovenia 67/2007, 100/2007, 69/2008 and 40/2009) or any other securities law to carry out services in the financial instruments field in Slovenia and by the date of this warning the Agency has not received any documentation proving that the authorization is sought in order to acquire that authorization. Company UNAICO is not authorized under the MiFID directive to provide direct investment services and deals related to financial instruments on the territory of the Republic of Slovenia.
The list of the entities with the Agency’s authorization is available on the Agency’s website ATVP - Agencija za trg vrednostnih papirjev .
The Agency strongly urges investors considering dealing with company UNAICO to exercise the greatest possible caution before proceeding, bearing in mind the contents of this public notice.