My Last Blog for Telfund

Dear Everyone,

I have to think very deep and be as objective as possible before I email all of you.

I know you are disappointed, to say the least-- and I am equally disappointed as well with what happened to Telfund, "our business". You heard me shared with you my thoughts and convictions during trainings and seminars that I want to retire with this company because of its uniqueness and vast potential. I have made personal sacrifices as well as financial to help and assist all Sales Associates of Telfund build their business. Because my dream is not only to retire with significant residual income but to see all of you enjoying the same too.

My youngest daughter always ask me "Daddy why do you always travel? I want to go to the park and play with you", how I wish I could explain to her in detail the reasons why. With her 9 year old mind, I simply answered "because I love you and what Daddy is doing is for your future". And she frowned and she wants to ask another question, but I did not let her, I just embraced her and told her that I love her very much, and she said "I love you too, Daddy".

I have invested significant amount to be a shareholder, paid for my family's enrollment packages and committed in doing the business full-time, 100%.

I was given a chance to have a regular meeting with the management before, but I didn't see that this problem is coming. Because mostly I only participated in marketing and sales while operations is a separate discussions by the management alone. According to the management there are variety of reasons why this happened like the third party transactions, the bank is doing an audit and therefore, the company bank accounts were frozen. I was furious because this is the only business and source of income I have. I was resentful because there are many Independent Sales Associates like you that are also relying to this opportunity. I want to blame the company but at the end of the day Sales Associates are part of it too.

After listening to the CEO, during series of teleconferences, followed by his email affirming his commitment and assurances about our investments with Telfund and making sure that he will do the best he can to protect our interest, and that he is taking full responsibilities and very serious about it, and his intention to resume and grow the business. With that, I am giving him a chance as I hold my Stock Certificate with hope and I rest my case for a time being. However, based on the information I heard, normally the bank take their time in doing this kind of audit, and its open ended.

As your leader in the field and as an Independent Sales Associate like you, our intentions and desires are for us to have a better financial future, but because of what had happened that is beyond our control these goals and aspirations are on hold.

After analyzing what happened, there are two things we can do;

1. To wait - until the banks finish their audit and the company to resume operation. When? I do not know, but for sure it will take time.

2. Move on - let Telfund CEO fight the battle with the banks, and let us move on.

I have decided to move on.

If you wish to know more about the direction I am taking please email me at jpramirez92@yahoo.com.

My prayer is for the Lord to guide each one of us in every endeavor we want to pursue.

Sincerely,

Joel Ramirez