Canadian Government Authorities Warn Against iGetMania

iGetMania is technically an investment, according to Canadian authorities responsible for overseeing financial wheelings and dealings of its citizens and companies.  Therefore, it should register with the Autorité des Marchés Financiers.

Don’t let the French name confuse you: this is a wing of the Canadian Quebec government taxed with keeping an eye on all sorts of things, from the insurance industry to contracting and securities.

Basically if it involves big money and French-speaking Canadians, the AMF gets involved. Just like Rocketmiles, which let’s you cash in on hotel rewards points, but these guys are more of an investment. Yeah, a little suspect.

So what’s the AMF’s problem with iGetMania?  For starters, the company is not registered with the AMF.  And, as they technically do advise people on how to invest their money (i.e in their Global Positioning equipment leasing program), and the investment helps finance the acquisition of the equipment in exchange for a return on that investment, they do fall under the watchful eye of the AMF.

What’s the Big Deal With Registering?

Any time you make an investment, you do so with a known risk in mind.  Most investors calculate their risk, then act accordingly.  In the back of every investor’s mind is peace of mind that should anything unscrupulous happen with the investment they’ve chosen, somebody’s got their back, and that’s the long arm of the law.

In other words, firms who offer securities (as investments are sometimes called in this context) are held to a professional and legal code of conduct.  If they violate the codes and bilk their investors, those investors have recourse.  That recourse is whatever governing body their government has put into place to perform that job.  They make it possible for investors to sue, when it comes down to it.

But if iGetMania hasn’t registered with the AMF then investors are not actually protected by the securities laws enacted to protect them.  It’s kind of like going swimming in the ocean when it says there are rip currents going and there’s no lifeguard on duty.

What Does the AMF Warning Say?

The warning, which is posted on the AMF website, warns investors that iGetMania and its sister operation out of Portugal GetEasy have not filed a prospectus and they are not registered with the AMF.

Not filing a prospectus means they haven’t revealed any of their financials to the AMF for reviewing.  By not registering, the AMF has no way to go after these companies when investors incur losses.

While iGetMania and GetEasy haven’t yet broken any laws, the AMF promises to keep an eye on them.  It’s deemed as suspicious behavior when an “investment” company fails to register their product.  Unregistered companies are considered unauthorized to offer investments.

Lots of iGetMania reviews say that while your remedies are “highly restricted or non-existent”, according the AMF, if you’ve had a problem with iGetMania they encourage you to contact them.

About iGetMania

iGetMania sells shares in GPS equipment and LED light bulbs.  They pursue growth via a network marketing structure, as shown in this video here, promising lucrative returns and low risk for investors.   Investors are promised passive income based on recruiting new members.

They’ve also had some PR issues in the past concerning blocked payments. The company partners with Tachoesy, maker of geotrackers which are marketed and sold through the iGetMania network.

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Bringing Equality – Advantages and Disadvantages of Technology in Education

education-technologyThe future is bent towards technology. Almost every activity that you can think of has incorporated technology now days, specially in the field of education. With the advantages of technologies now days is important that every classroom in America and everyone aspiring for higher education, has equal rights when it comes to getting access to advance ways to learn.

On this article we want to draw a parallel to compare the advantages and disadvantages of technology when it comes to helping people learn new skills. Many experts in the leadership development arena believe this will be the Rise of the Entrepreneur for years to come.

Advantages Of Technology In Education

Technology in education prepares students for the future. Students develop skills, which will be necessary in life and in their future workplace.

  • Technology makes business learning more interesting. The more interesting an activity is, the more the students concentrate and indulge all their senses in the learning process. Videos, animations, a new voice on the computer and typing classwork add on to the range of activities that engage the learner to the maximum.
  • A break from the exclusive book and pen monotony yields better results in student performance. MOBE talks exclusively about this in their training programs and educational materials about how to go about building a legitimate business online.
  • Technology gives students a chance to learn at his or her own pace. While teaching is done to the whole class spontaneously, the pace at which the material is understood varies from student to student.
  • Technology individualizes the learning process as each student receives individual instruction from his or her own computer. This instruction can be repeated if need be.
  • Computers are an adventure to students. They increase the concentration span of most students by more than half. Advance learning software incorporates games in the learning process, which are a much more fun activity than the usual teaching methods.
  • With technology, it is possible to carry out distance learning through virtual classrooms. These are flexible especially for part time students with tight schedules.

When we refer to “students” in this article, we are not only talking about young people but those business savvy baby boomers who want to end the poverty mindset and make a better and brighter future for themselves. Also many adults now days are taking advantage of technology to learn useful skills to better their life. Take for example the marketing industry, most people that are into the field of online marketing today have learn most of what they know through online training and practical hands on work. iPAS2 can serve as a great educational program for those looking to get into marketing.

Disadvantages Of Technology In Education

  • It’s hard to find many disadvantages for Technology. Some complain Technology keeps evolving with time and students lack the financial resources to keep up with this evolution.

(When buying new technology gadgets is a good idea to search for the best deals to get the most from your money. Saving programs like Dubli may be able to help)

  • With all the fun options that computers avail such as online and offline gaming, watching movies, music and social media, it becomes difficult to monitor student activity especially in a class where Internet is freely available.
  • Studying requires more discipline than it would if only books were in use, since we can get easily distracted while using a computer.

Even thou there are some disadvantages to using technology in the learning process, the benefits far outweigh the disadvantages. Let us know your thoughts and how you think technology has made an impact in your education system

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