Vmobile 31 ACES - 2 (Special) Meeting

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Meeting Minutes February 19, 2012 Present: (1) M. Estrito, (2) E. Dalago, (3) J. Gallego, (4) L. Villegas, (5) J.C. Estioko,

(6) A.R. Novillos, (7) J.C. Villegas, (8) R. Sabarillo Jr., (9) M. Motas, (10) R. Alzate, (11) J.W. Estioko, (12) J.A. Villanueva, (13) N. Talaguit, (14) A. Casunuran, (15) R. Lladones, (16) E. Baula, (17) M. Driz, (18) L. Papa, (19) C. Flores, (20) C. Iroy Next meeting: March 4, 2012, 6:00 pm, Vmobile IBC Calamba

I.

Opening

The regular meeting of the 31 Aces was called to order at 6:33 pm on February 19, 2012 in Vmobile DJ Achievers Calamba IBC by President Larry Villegas. Mr. Villegas mentioned that we have a quorum from our previous meeting of February 5, 2012 and therefore the Minutes of the Meeting of the said day were approved. II. Memorandum of Understanding (MOA)

Mr. Villegas mentioned that there are still 4 members who have not signed our Memorandum of Understanding (MOA). While other members are already requesting their copies, it was reiterated that we cannot have our MOA notarized and distributed to members unless we have the complete set of signatories from the membership. III. 31 Aces Website

Mr. Villegas mentioned that he has a personal video presentation with his contact information posted in his FaceBook account. He will also create another version of the video with the 31 Aces contact information. Website creation was re-assigned to Ms. Mimi Baula and will be managed under the Administration Division per instructions from Vice President Mr. Mc Onell Estrito. Mr. Estrito has a template idea of our website's layout and content from another site. Video will be personal to the 31 Aces. Ms. Baula will gather all information from Mr. Estrito. Any suggestions and comments shall be forwarded to Mr. Estrito. The domain name, which will be decided upon by our group, will be initially sponsored by Ms. Baula for a year; after which time, 31 Aces' funds will take over in the renewal of the domain name.

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III.

Events and Promotion of Sales

Mr. Villegas reminded the members who conducted the Consumer Surveys conducted last January to follow up on Banadero and Mabuhay. It was suggested that a mini-BOM be presented to those who showed interests. Mr. Jericho Gallego reported on the success of the University of Perpetual's University Week on February 13-17, 2012. Mr. Gallego rated a 7.5 success and would even be better if all of all of our members participated. Vmobile was 2 in the University Week's biggest sponsorship just behind SM.
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Our sponsorship included the following: Php 600 cash out on the event 15 TechnoUser Access Cards at Php 300 each (Total: Php 4,500) 15 SIM Cards at Php 40 each (Php 600)

Mr. Gallego mentioned of organizing another event at Letran Calamba with our contact, Rudolph at the school's Foundation Day from March 5-10, 2012. The booth information will be provided by the school's Finance Secretary pending a letter of proposal from 31 ACES. There is usually a Php 1,000 sponsor registration fee to cover all incidentals in connection to the booth. Our proposal for sponsorship will include twenty (20) TechnoUser Access Cards and a provision for a classroom with a projector for our Business Orientation Meeting (BOM). Throughout the days of the event, there will be announcements all-over the campus to visit our booth. Set-up takes place on March 4, 2012. Mr. Villegas reminded the group that for reimbursements of expenses, Petty Cash forms, available from Ms. Ellen Dalago, shall be completed and submitted to our Finance Division. IV. 31 Aces Member's Obligation

Mr. Villegas mentioned that the account of 31 Aces is open to all members for review. Registrations from 'walk-ins' are and will be positioned in 'auto-spill.' In this case, 'auto-spill' shall be considered as 'Bonus' and shall not be depended on member's earnings for the team. Each member shall be working on one (1) leg each. As such, it is the obligation of each member to work on their legs as assigned on page 4. It is also reiterated that each member should work out on their respective 'directs' first and foremost.

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Correction on the Geneology: #4 is now Ms. Candelaria Gualberto eliminating the duplicate account of Mr. Benedict Formaran; and, #7 is now Ms. Eden Bitanga eliminating the duplicate account of Ms. Ellen Dalago.

Genealogy View Genealogy of your Downline f~ ' Go

4 S 16 17 IS

9
19 20

5 10 21 22 11 23 24 12 25

6 13 26 27 28 14 29

7 15 30 31

UID

NAME

POS

SID

PID

1 5329120129 Mc Onell M. Estrito 2 5304126469 Benedick R. Formaran 3 5329187253 Elenita E. Dalago 4 5380334827 Benedick R. Formaran 5 5349654555 Jericho D. Gallego 6 5328346767 Lauro M. Villegas 7 5354406659 Elenita E, Dalago 8 5334234170 Benedick R. Formaran 9 5345728126 John Carlo G. Estioko 10 5366443489 Arvhin Ryan Novillos 11 5315648994 Jose Crisanto M. Villegas 12 5349932194 Rolando B, Sabariilo Jr. 13 5365193238 Marwin Q. Bacoto 14 5300805170 Edgar O. Malabrigo 15 5328787384 Meliton T. Motas 16 5303653776 Rami! M. Alzate 17 Unoccupied 18 5368385937 John WilbertG, Estioko 19 5372216761 John Wtlbert G. Estioko 20 5369120786 Christopher G. Caraan 215322115825 John Albert Villanueva 22 5317606651 Noel Talaguit 23 5391521489 Clara B.Iroy 24 5302228453 Ma. Luisa F. Reazo 25 5310142481 Christopher E. Floras 26 5374628827 Angelina S. Casunuran 27 5357813224 Evangelina D. Exprescion 28 5373429680 Rico V. Uadones 29 5333744684 Vilrrtorie F, Flores 30 5361031694 Edelyn R. Baula 31 5389355374 Dexter G. Razon

R L R L R L R L R L R L R L R L L R R L R L R L R L R L R

5371108124 5329120129 5329120129 5329120129 5329120129 5329120129 537 1108124 5380334827 5329120129 5329120129 5329120129 5329120129 5329120129 5329120129 5329120129 5329120129 5345728126 5329120129 5329120129 5329120129 5329120129 5329120129 5329120129 5329120129 5329120129 5329120129 5329120129 5329120129 5354406659 5329120129

5342845155 5329120129 5329120129 5304126469 5304126469 5329187253 5329187253 5380334827 5380334827 5349654555 5349654555 532S346767 53283467 67 5354406659 5354406659 5334234170 5345728126 5345728126 5366443489 5366443489 5315648994 5315648994 3349932194 5349932194 5365193238 5365193238 5300805170 5300805170 53287 87 384 5328787384

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Acct# #16 #17 #18 #19 #20 #21 #22 #23

A R. Alzate M. Driz L. Papa J.W. Estioko C. Caraan A.R. Novillos N. Talaguit C. Iroy

B N. Dumangas B. Formaran M.C. Gualberto J.C. Estioko J. Gallego J.A. Villanueva J.C. Villegas M.O. Estrito

Acct# #24 #25 #26 #27 #28 #29 #30 #31

A R. Sabarillo, Jr. C. Flores A. Casunuran V. Exprescion E. Malabrigo V. Flores E. Baula D. Razon

B M.L. Reazo L. Villegas E. Dalago M. Bacoto R. Uadones E. Bitanga M. Motas M.O. Estrito

There are several members who have not earned their direct sponsorship as of this date: Mr. Jose Crisanto Villegas, Mr. Christopher Caraan, Ms. Eden Bitanga, Ms. Ma. Luisa Reazo, Mr. Marwin Bacoto and Mr. Estrito. Their first pay-in will be kept in our account until such time that they register their direct sponsor. In order that we become successful on our undertakings under 31 ACES, all 31 ACES members shall have completed the three (3) business modules under the training of Mr. Estrito. Per Mr. Estrito, for those members doing the Consumer Surveys, a form with a date, time and name of the presenter should be completed. There shall be 3-5 survey schedules per month. The member who organized the survey schedule shall be the one in charge for the presentation and follow-up. IV. Financial Report

According to Mr. Estrito, nine (9) members' checks were cashed in during the January pay-in. On top of the 1% transaction fee charged on every check conversion, there is also an additional Php 60.00 per check. In order for us to maximize our earnings and eliminate these additional charges, we will only request five (5) checks every conversion period. Finance Report from Ms. Ellen Dalago: January Income: Php SS^SO.OO
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^his total amount is from the sum of 9 converted checks. The individual earnings for each member is Php 856.93: Php 26,565.00 * 31 members). From Defunct Office Accts: + 8,550.00
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Refer to the Genealogy correction on page 3. For detailed explanation of these accounts, check the Minutes of the Meeting of February 5, 2012.
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Direct Referrals (Less):

3

- 9,000.00

There are twelve (12) direct qualified members who will be receiving the payout for the January Direct Referral Income.

Total January Income:

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Php 53,130.00'
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The conversion was made on the evening of February 1 and received delivery on February 8, 2012.

Break-down of income distributions and suggestions: 50% Individual Earnings: Php 26,565.00
st

Mr. Estrito suggested that the Php 256.93 of our 1 income contributed to our team building. Anticipated budget for this activity is Php 7,964.83, from the team's contribution, tentatively planned at Dona Jovita Resort on March 2, 2012. Ms. Dalago mentioned that she will work on a free resort entrance fee. 30% Investment: Php 15,939.00

For the 30% investment, Mr. Estrito recommended to invest it on an LCD Projector because it has been an obvious purchase priority for our team. 10% Charity: Php 5,313.00

For the 10% allotment for charity of Php 5,313.00, it was recommended that this amount be donated to Sendong and earthquake victims. Mr. Estrito asked the members to research on how to make donations. Ms. Angelina Casunuran suggested 'Bahay ni Maria.' Church tithing was also suggested; however, since our members belong to different denominations, it is preferable to explore for 3 to 5 Non-Profit Foundations and charities instead.

10% Operational Expenses:

Php 5,313.00

From our operating expenses of Php 5,313.00 less the University of Perpetual's University Week, we have a remaining balance of Php 3,413.00.

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University Week Event expense breakdown: V. Booth Sponsorship Xerox for Flyers Php 1,000.00 600.00 300.00

Other Matters

Mr. Villegas mentioned that we will need the booth back from the University of Perpetual Event. We intend to set it up downstairs in our Calamba IBC in front of RCBC. We will need volunteering members to manage the booth. VI. Adjournment

Meeting was adjourned at 9:03 pm by Mr. Villegas. The next general meeting will be March 4, 2012, 6:00 pm at DJ Achievers Calamba IBC.

Minutes submitted by: Edelyn Baula Approved by:

Sales

Secretary for Training & Development

Secretary for Administration

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