Terms & Condition
Endeavour to read these terms and conditions carefully before using the services described herein. By accessing the services provided by this website, www.mgsources.org you acknowledge that you have carefully gone through the terms and conditions and you agree to be bound by them. If you do not concur to all of the terms and conditions of this agreement, please you are not an certified user of www.mgsources.org services and you should not use this website or it's services. Mutual gold source maintains the right to add or remove or modify portions of these terms at any time for any reasons deemed fit. Hence it's necessary you visit these terms periodically for incase of alterations as the changes take effect immediately upon posting on the website. You acknowledge that by accessing our website after we have posted changes to these terms, you are agreeing to these terms as modified
On behalf of MGS we welcome you as a new sales associater ("Sales Partner") and wish you every possible success in your role as an independent Sales Partner of MGS. And most of all – that you have fun selling our products. Here at MGS our primary purpose and goal is to provide an atmosphere dedicated to: (a) consumer-friendliness, (b) safety, (c) professionalism, and (d) a fair dealings with one another and of course, while complying with the laws both foreign and domestic. For that reason, we would like you to read the following Terms and Conditions very carefully and to make these guidelines the guiding principles for your daily work.
RULES FOR DEALING WITH SUPER TRADERS,TRADERS AND MERCHANTS
Our Sales Partners advise our merchants honestly and decently and clarify any misunderstandings related to the products, business opportunities or other messages during a consultation.
The merchant may request not to have a sales discussion, to postpone the discussion, or to amicably end a discussion that has been begun.
During a customer meeting, the Sales Partner will communicate all points relating to the goods (e.g. intended use, composition, use), or also the sales opportunity, if the customer so wishes, to the consumer.
All information relating to the goods must be comprehensive and truthful.
A Sales Partner may not make any claims relating to the qualities of the software if these have not been approved by MGS nor must he depict the product in an unauthorized manner.
The consumer will not be induced to buy products through dubious and/or misleading promises or equally through promises of special benefits if these benefits are coupled to uncertain future success.
A Sales Partner may not make any reference to his/her remuneration or potential remuneration of other Sales Partners. Further, a Sales Partner may not guarantee any specific remuneration or create false expectations.
A Sales Partner may not claim that the remuneration plan or the products of MGS have been approved, authorized, or are supported by a state authority.
RULES FOR DEALING WITH SALES PARTNERS
Sales Partners shall always deal fairly and respectfully with one another.
New Sales Partners will be truthfully about their rights and obligations. No information on potential revenues and earnings opportunities must be given.
No verbal assurances on MGS products and services must be made.
Sales Partners are not permitted to headhunt sales partners from other companies. Further, Sales Partners are not permitted to persuade other Sales Partners to change sponsor within MGS.
The obligations under clauses 7-10 of the following General Terms and Conditions for Sales Partners are simultaneously deemed ethical rules and must be complied with at all times.
RULES FOR DEALINGS WITH OTHER COMPANIES
The Sales Partners of MGS will conduct themselves fairly and honestly towards other companies in the network-marketing or social-selling field.
There will be no systematic headhunting of sales partners from other companies.
Condescending, misleading or unfairly comparative statements about the products or sales systems of other companies are prohibited.
Bearing these rules in mind, we would now like to familiarize you with the General Terms and Conditions for Sales Partners of MGS.
SCOPE OF APPLICATION
The following terms and conditions apply to all Sales Partners in their represetive capacities as autonomous and independent affiliates of MGS. MGS will provide its services exclusively on the basis of these General Terms and Conditions.
SUBJECT MATTER OF THE AGREEMENT, PACKAGE OF FEATURES, AND ADDITIONAL SERVICES
(1) MGS is a software company that develops high-end software-based products for use in the financial, money, and currency market and further operates trading and investment established and recognized tradeable information units ("gold"). Within this business model, MGS provides its customers with gold
MGS further provides high-quality software products for the above purposes for a fee (these products and services, which are described in detail in the following, are referred to as products for reasons of simplicity). Express reference is made to the fact that MGS does not directly or indirectly sell or otherwise distribute or act as a broker and/or broker dealer for any cryptocoins, commodities, bonds, stocks, stock indicies, on behalf of itself or via third parties. FURTHER, MGS DOES NOT PROVIDE FINANCIAL ADVICE AND IS NOT IN THE BUSINESS OF TRANSACTING TRADES.
(2) Without being obliged to do so, the Sales Partner has the opportunity to sell MGS products that it may choose freely such that this barter of MGS software products forms the basis of a Sales Partner's business. The Sales Partner shall receive a corresponding commission for his role as a Sales Partner. There is no obligation for the Sales Partner to effect financial expenditure, purchase a minimum amount of products from MGS, or for the Sales Partner to acquire further Sales Partners for this activity. The only obligation is the free-of-charge registration. Additionally, there is a further opportunity, with no obligation, to acquire further Sales Partners to sell the MGS products and to receive a commission on the products sold by the acquired Sales Partner. The Sales Partner will expressly not receive any commission for the mere acquisition of a new Sales Partner. The commission and the manner in which any monies are paid out or the claim to commission is otherwise satisfied will be based on the remuneration plan valid at the specific point in time.
(3) MGS shall provide to Sales Partner an Online Back Office ("Back Office") at no charge that enables the Sales Partner to have an up-to-date and comprehensive overview of his revenues, commissions, and downline developments. Additionally, and without there being an obligation to do so, the Sales Partner may acquire different marketing systems such as a personalized Internet presence by way of a separate agreement. The Sales Partner can find information about content and pricing of the individual and personalized Internet presence in his Back Office.
GENERAL PRECONDITIONS FOR CONCLUDING AGREEMENTS
(1) Agreements may be entered into with legal entities, partnerships, or natural persons who or whose representatives are 18 or over and entrepreneurs as defined under applicable law. Agreements may not be entered into with consumers.
(2) If a legal entity or a partnership (legal form such as GBR, OHG, KG) submits an application to become a Sales Partner, the corresponding extract of the commercial register pertaining to registration, if available for a partnership, as well as the VAT ID must be presented. All parties within the legal entity or partnership must be 18 or older and will be personally liable to MGS for the conduct of the legal entity.
(3) If online order or application forms are used, these shall apply as a component of the agreement.
(4) The agreement may only be entered into online via the MGS website and corresponding e-mail confirmation from MGS. The Sales Partner is obliged to complete the Sales Partner agreement fully and properly and to submit it to MGS. Additionally, the Sales Partner must check the corresponding box before concluding the registration process to acknowledge these General Terms and Conditions for Sales Partners and accept them as a contractual component. In
MGS reserves the right to adjust the prices payable by the Sales Partner or commission components attributable to the services, the remuneration plan, or usage fees at the start of a new invoicing period, in particular to raise prices or adapt commissions to the market circumstances, especially following changes to the market situation and/or sales structure. MGS shall notify the Sales Partner of the adjustment within a reasonable period prior to the adjustment. Increases of the prices by more than 5% or changes to the remuneration plan that disadvantage the Sales Partner by more than 10% give the Sales Partner the right to object to the amendment. If he does not object to the amended terms within a month of their announcement, they will become a component of the agreement. Any adjustments known at the point of the conclusion of the Sales Partner agreement do not require notification and do not entitle the Sales Partner to a right of objection. In the event of an objection, MGS is entitled to terminate the agreement at the point at which the amended or additional terms and conditions of business are intended to take effect.
The investor agrees that mgsources.org, its traders,super traders, business line,has no responsibility or any liability to the investor for any diminution or loss of the member's investment due to any future governmental order, levy, law, tax, embargo, moratorium or imposts or depreciation in value of funds due to inflation or the unavailability of funds due to exchange restrictions on convertibility, or due to losses incurred from investing funds into the online business, caused by requisitions, involuntary transfers, seizure of any character, exercise of military or usurped powers, hacking attacks, rumours of site crashing or other similar causes beyond the control of mgsources.org
Investor also agrees to participate only with spare money and not life savings as there is a possibility of losing all invested money with mgsources.org and mgsources.org won't be responsible for such loses or be made to pay back invested money The investor by entering into this agreement hereby understands the risks inherent in investments of this nature and that the value of investments may fall as well as rise and the past performance of investments is not a guide to future performance. These investments are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not federally insured or guaranteed by the government of your country, SEC or any other agency. Some of the investments and services on this website may not be available in or appropriate for all individuals. Please contact your financial and legal adviser about any investment with mgsources.org
The investor agrees that mgsources.org have no liability for failure to provide any agreed service(s) due to reasons beyond its control. These reasons include but are not limited to riots, civil commotion, political unrest or armed insurrection, market losses e.t.c
High Risk Disclosure
This page (terms) is a risk disclosure by mgsources.org which provides various investment services to the Member under this terms and conditions which is the binding company member agreement/contract of the potential risks involved in investing with mgsources.org. The member should first and foremost be aware of the potential losses and high risk associated with this kind of investment. However, due to the wide range of possible scenarios (mostly unforeseen and sudden), this page shall not disclose all risks inherent in investing with mgsources.org. The member expressly absolve and release mgsources.org, their respective affiliates, related companies, and all of their respective officers, directors, employees, registered representatives, shareholders, legal representatives, attorneys, agents, successors and assigns, from any claim of harm resulting from a cause beyond its control including but not limited to, the failure of electronic or mechanical equipment or communication lines, telephone or other interconnect problems, computer viruses or software failures, unauthorized access, theft, operator errors, severe weather, earthquakes, or natural disasters, strikes or other labor problems, wars, acts of domestic or foreign terrorism, market losses in various markets, unavailability of funds due to losses or government restrictions.
Member by investing with the company has agreed unequivocally to the fact that there is not only high probability of profit, but also a high level of loss once a while in percentage. Member shall assume all risks of financial loss caused by a force majeure, mgsources.org shall not be liable.
When executing investment operations through the mgsources.org website, member shall assume the risk of financial loss which can be caused by:
Failure of investment roi
The failure of member hardware, software and internet connection, improper operation of member dashboard, wrong settings in the member terminal, delayed member terminal updates
Member agrees that the company have the right to delete messages sent to the member through internal notification, 3 (three) days after they have been sent, despite the fact that the member may not have received them yet.
Member shall hold full responsibility for the safekeeping of information received from the company and assumes the risk of any financial loss caused by unauthorized access to the member's investment account by a third party.
Member acknowledges and agrees that at the moment of peak load there may be some difficulties in getting telephone communication, mails and messages especially during periods of withdrawals, payments and confirmations. Member agrees that in such situation, the execution time for member instructions may increase/extended by the company without informing the member.
MGS ("Company" for brevity) is committed to the full satisfaction of its Users by ensuring that its offered services is potential for consistent income.
Earnings and/or income statements made by COMPANY and/or its Independent Representatives from their presentations are mere estimate of what you can possibly earn. There is no guarantee that any User will make these levels of income. Once a User engaged the services of the COMPANY, it is deemed that User accepted the risk that the earnings and income statements differ by individual.
Instances made during presentations shall not to be interpreted as guarantee, promise, representation and/or assurance. We do not purport our business and/or us as being a 'get rich scheme'.
Estimated income from the presentations of the COMPANY may only realize if coupled with hardwork and proper collaboration with the COMPANY.
Moreover, like any other business, User results may vary and will be based on ones individual capacity, business experience, expertise, and level of desire. There are no guarantees, promises, representations and/or assurances concerning the level of success you may experience. Your level of success in attaining the results claimed depends on the time you devote to the business, the ideas and techniques mentioned, your finances, knowledge and various skills, since such skills and factors differ according to individuals.
Testimonials and examples used are exceptional results, which do not, or may not, apply to all Users, and are not intended to guarantee, promise, represent and/or assure that anyone will achieve the same or similar results. It is important to reiterate that each individuals success depends on his or her background, dedication, desire and motivation.
There is no assurance that examples of past earnings can be duplicated in the future. COMPANY cannot guarantee your future results and/or success. There are some unknown risks in business and on the Internet that we cannot foresee, which can reduce results. COMPANY are not responsible for your actions. Any claims made of actual earnings or examples of actual results can be verified upon request.
The use of COMPANY's information, products and/or services should be based on your own due diligence, which you undertake and confirm that you have carried out to your entire satisfaction. You agree that the COMPANY is not liable for any success or failure of your business, acts and/or conduct that is directly or indirectly related to the business and/or the purchase and use of our information, products and/or services.