New rule regarding the exchange from 100 KBC to 1 gram of Gold. Effective November 1

Karatbars has stepped up with a new rule that will become effective on November 1st, 2019. You can find this in your back office under “Latest News.” Below are the two key points of changes that will take place as of today, Friday, November 1st, 2019.

1-For affiliates who joined before July 4th, 2019 (the gold independence day), everything stays the same and nothing changes. You can exchange your gold as usual.

2-Affiliates who joined after July 4th, 2019 (from July 5th, 2019 onwards) could still exchange 100 KBC into 1 gram gold as usual with QR codes generated until October 31st, 2019.

3- Affiliates who joined after the July 4th, 2019 (from July 5th, 2019 onwards) and generate their QR codes from November 1st, 2019 onwards need to have Gold Status in Karatbars to exchange their 100 KBC into 1 gram gold. read the rest of the details in your back office.

Here is an article that Tammy Morrison has shared with her feelings on the changes that take place today Friday, November1st, 2019.

From Tammy Morrison

For everyone upset with the 100 KBC to 1 gram of gold change, please read this entire post. I was always under the impression that this would only count for KBCs obtained before the 4th of July. Many manipulated the system after that and most were not Karatbars affiliates. 

The “outsiders” created 30 or more Karatbit accounts, bought KBC and moved them to 1 Karatbit account and then went to Germany to claim their grams of gold. Some were even selling their QR codes. For those that came in with a profit package, you received not only dual team status but also many KCB coins.

You had the opportunity just as everyone else to upgrade your package in the Karat Fast Track. You also have the chance to earn a free Gold package in the Madrid Incentive. You are expected to work the business as hard as anyone else here. If you were led to believe that you could put in €150 and buy some KBC and cash out 100 KBCs for €40 worth of gold, then you are only it for the short term. Karatbars is a family.

Many of us have been here for many years and work 12+ hours a day on this business. Why should you be able to come in and spend a little, buy your KBC and expect to make such a significant return in a short amount of time? Karatbars is not a get rich quick scheme, but it is a get productive for particular programs if you do the work.

Put yourself for one minute into Mr. Seiz’s shoes. Imagine you had a store where people could buy their way into your store for 150 euro and then they could come into your store and buy $2.00 worth of product and buy something for 40+ dollars of product every day. How long would you be in business?

I would instead work with a company that understands what is happening and puts controls in place than work for a company that cannot sustain people taking advantage of the company and then they are no longer in business.

I have given my heart and soul to this company. I will not idly stand by and watch people who want to “get rich quick” take that away from me and all of the others who have made Karatbars what it is today.

I know many are upset, but if you are true leaders, teach your team how to build the business and gain a Gold profit package from either the Karat Fast Track, the Incentive Program or with the commissions they earn.

Thank you to those who believe in the system. For everyone else, it is time to get to work.

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