1. Starting up of MMM
In 1989 Moscow executive committee in Leninsky District registered MMM as a cooperative society.
2. Sergey Mavrody, having a degree in mats, worked as a programmer and took part in the development of the first operating systems.
3. Free of charge travel campaigne
In 1992, the brand became universally recognizable after Mavrodi offered, several times, to all the residents of Moscow a day of free of charge travel in Metro (Moscow subway)
4. Birthday of MMM
On October 20, 1992
- the joint-stock company “MMM” was registered. In fact it is the birthday of MMM in the traditional form in which people got use to consider it.
5. The shares of MMM on sale
February 1, 1994 – The shares of MMM went on sale and people immediately began to buy them. Moreover the company willingly bought them back on a new higher rate, which grew very fast at about 100% per month. The company’s principle “today is always more expensive than yesterday” worked perfectly.
6. Government is trying to hinder MMM’s activity
Planned by the Russian Government MMM-94 was intentionally collapsed. It began when tax inspectors, accompanied by OMON officers, passed through the crowd of depositors and went inside the central office of the company to give a notice about “the planned tax inspection”
7. Mavrody’s arrest
Sergey Mavrody was arrested on tax evasion charge, what was broadcast live on all TV channels. On the same day there was a storm of the central office of MMM. The company was prescribed to recover 49.9 billion rubles to the budget. The question about the MMM-94 money is open, as no one still can give an answer – where it is.
8. Where’s the money ?
The authorities simply turned a blind eye to it. Although hundreds of eyewitnesses are ready to confirm even under oath in court that they saw 17 trucks take out cash through the back door.
9. Demonstrations Against State Authorities
August 1994 – Thousands of MMM depositors affected by the artificial collapse of the pyramid, protested and demanded to set Mavrody free.
10. MMM Leader became a deputy
Being imprisoned, S.Mavrody had managed to register as a candidate for a Deputy of the State Duma and was released from prison. He won the elections by a landslide and became the Deputy of the State Duma of the first convocation.
11. The State Duma is against Mavrody
The State Duma deputies deprived Sergey Mavrody of his deputy plenary power due to his permanent absence at the Duma’s meetings. That incident was the only one in new Russia’s history.
12. A candidate for presidency
The central election commission registered the authorized representatives of the initiative group that had nominated Mavrody as a candidate for the President of Russia, but subsequently rejected a significant part of the signatures in the support of a candidate and his registration was renounced.
13. Revival of MMM
January 2011
Sergey Mavrody announced launching a new project of “MMM-2011 : Together we change the world”. Previously there were simply no analogues of similar systems in the world.
14. The Film About MMM
The launch of the project fell in the same time interval with the release of Russian film about MMM “PiraMMMid”, the plot of which is based on the eponymous book, in which the History of MMM is disclosed by S.Mavrody.
15. MMM is building a new, fair financial order
June 2012 – The activity of MMM made a lot of banks collapse and a huge outflow of funds from deposit accounts happened. The system numbered more than 35 million members. For obvious reasons the fight against the system started. It suffered the same fate as MMM-94 and eventually collapsed.
16. MMM-2012 : It’s just the beginning
S.Mavrody announced the launch of the completely new MMM – world mutual aid fund, MMM Community. It speeded up since the first day showing crazy dynamics on new members’ registration. It has been decided to send 10% of the whole turnover on payments to the affected members of MMM-2011
17. MMM is growing
2012 – MMM started it’s development in India
2012-2013 – Following India MMM Bangladest was lunched
2013 – MMM Indonesia
2014 – MMM Hong Kong
18. MMM Global – 2014
MMM Global started up in the spring 2014. It is a voluntary network, a community of millions and millions people from more than 100 countries worldwide: Argentina, Brazil, Philippines, Hong Kong, and other, who rebelled against the financial slavery and combined their money for this purpose.
19. MMM : The republic of bitcoin
For MMM Global participants’ convenience there were some trendy ideas on funds transfers implemented. From now on all the countries where you can buy and sell BitCoin can be registered in a branch of free people of the Republic of Bitcoin. Thus, there’s no barriers to develop MMM in small countries, due to their restrictions on the international bank transfers.