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 Agape - health products, discuss if any good

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TSshakiraa
post Nov 7 2010, 07:30 PM, updated 16y ago

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Hey guys, lately there seems to be this new MLM, focusing on health products named Agape.

I have a couple of friends keep asking me to join, trying to convince me their strategy is totally different from other MLM.

Anybody heard of this before?

Please share your thought. thanks.

http://www.agapeatp.com/index.php?option=c...ntpage&Itemid=1
cuebiz
post Nov 7 2010, 07:48 PM

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All MLM is the same. To make money, you have to recruit people.
happy4ever
post Nov 8 2010, 12:59 AM

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and they all use fake science to con-vince you that their products are out of this world! (and thus no medical/science reports of it)
edyek
post Nov 8 2010, 01:16 PM

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QUOTE(shakiraa @ Nov 7 2010, 07:30 PM)
Hey guys, lately there seems to be this new MLM, focusing on health products named Agape.

I have a couple of friends keep asking me to join, trying to convince me their strategy is totally different from other MLM.

Anybody heard of this before?

Please share your thought. thanks.

http://www.agapeatp.com/index.php?option=c...ntpage&Itemid=1
*
MLM = Multi Level Marketing = Recruit people. There is no such thing as DIFFERENT MLM.

There is only DIFFERENT Commission, DIFFERENT Products, etc.

QUOTE(happy4ever @ Nov 8 2010, 12:59 AM)
and they all use fake science to con-vince you that their products are out of this world! (and thus no medical/science reports of it)
*
Thoughts from MLM thread. thumbup.gif
alanyuppie
post Nov 8 2010, 02:32 PM

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For once, did their seminars doesnt involve belittling "lowly" wage earners and say these people 100 years also cannot retire rich ?





edyek
post Nov 8 2010, 05:48 PM

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QUOTE(alanyuppie @ Nov 8 2010, 02:32 PM)
For once, did their seminars doesnt involve belittling "lowly" wage earners and say these people 100 years also cannot retire rich ?
*
Typical MLM brain wash tactic. sweat.gif
TSshakiraa
post Nov 9 2010, 09:47 PM

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thanks for sharing some inputs.

attended their "talk" last week, sounds like thier product is damn good, is like saving the world...hahahha...damn impressed by thier talk cock skill
aznik_ool
post Feb 14 2011, 10:18 PM

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So have you join them after their talk cock talk TS?

Please share biggrin.gif
jady
post Feb 14 2011, 11:17 PM

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haha, all MLM product are 'super' good. once my friend told me, his organic product is 5 star organic level, certified from USA. BUT there is no such thing as star rating for organic, and.. the product don't even have certification from USDA's organic certification. Their is company not even in the list of certified organic supplier in USA.

but still selling like hot cake...
SUSBryan-28
post Feb 15 2011, 11:18 PM

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Beware of scam..
kevyeoh
post Mar 5 2011, 08:33 AM

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I think this agape has been around for quite some time...

chpiah
post Mar 21 2011, 12:14 AM

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some are scams and some are for real .... MLM is just a business tools if u guys don't understand .... just that most company in Malaysia had misused it .... then only make people think that recruit and recruit ... do nothing ... when they're desperate .... they simply promise something that they couldn't give to u ...

ask urself .... at that point of time ... u get conned .... why ?? ... stupid ?? ... greedy ?? ... or really think MLM can work ???

i personally had funded my family's financial for months ... thanks to MLM ...if im still working ... my debt literally getting higher and higher ... a good company where u're mentioning .... if u ever meet our boss ... dato dr how kok choong (justice of peace a.k.a Jaksa) then u question him if u dare ....
hitsugaya2010
post Jul 30 2011, 12:31 PM

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i have just heard this from my colleagues..actually they do not intend to tell me cause they scare that it will scare me off.. but i say never mind.. just share with me what u guys are doing... so this agape is what he told me.. i think the system is more the less the same like any other MLM but the way that u earn profits is difference...maybe the margin profit of this system is higher or lower.. as their products, i do not really know much, but it seems that there are few books mentioning about them.. and some are famous and top guys from the health world.. y did i know that? because i myself is very health conscious person.. and for these ppl to mention about these products it should be their own benefits... but of course i would not say their products are 100% damn good.. cause me myself still doing some research on it..... i think money won't come down from the sky... even MLM is very difficult for u to be rich from that... i think its good to take this opportunities to earn some extra cash in, just like part time...and their CEO is a very well recognized person in the Chinese Community...yes i meantioned chinese not because i'm racism, its because the big country China also recognizes him. its up to you to trust or not... but to me.. its not bad thing if u can earn money from it... hehe.. =))
edyek
post Jul 30 2011, 04:06 PM

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QUOTE(chpiah @ Mar 21 2011, 12:14 AM)
some are scams and some are for real .... MLM is just a business tools if u guys don't understand .... just that most company in Malaysia had misused it .... then only make people think that recruit and recruit ... do nothing ... when they're desperate .... they simply promise something that they couldn't give to u ...

ask urself .... at that point of time ... u get conned .... why ?? ... stupid ?? ... greedy ?? ... or really think MLM can work ???

i personally had funded my family's financial for months ... thanks to MLM ...if im still working ... my debt literally getting higher and higher ... a good company where u're mentioning .... if u ever meet our boss ... dato dr how kok choong (justice of peace a.k.a Jaksa) then u question him if u dare ....
*
QUOTE(hitsugaya2010 @ Jul 30 2011, 12:31 PM)
i have just heard this from my colleagues..actually they do not intend to tell me cause they scare that it will scare me off.. but i say never mind.. just share with me what u guys are doing... so this agape is what he told me.. i think the system is more the less the same like any other MLM but the way that u earn profits is difference...maybe the margin profit of this system is higher or lower.. as their products, i do not really know much, but it seems that there are few books mentioning about them.. and some are famous and top guys from the health world.. y did i know that? because i myself is very health conscious person.. and for these ppl to mention about these products it should be their own benefits... but of course i would not say their products are 100% damn good.. cause me myself still doing some research on it..... i think money won't come down from the sky... even MLM is very difficult for u to be rich from that... i think its good to take this opportunities to earn some extra cash in, just like part time...and their CEO is a very well recognized person in the Chinese Community...yes i meantioned chinese not because i'm racism, its because the big country China also recognizes him. its up to you to trust or not... but to me.. its not bad thing if u can earn money from it... hehe.. =))
*
Not everyone suits MLM la. That why some who don't work it out in MLM, says MLM in negative ways. Although some MLM do intend to con people.
XL2K
post May 22 2017, 09:04 PM

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Its starting back....... recruiting is starting back......... scarry...........
kentchow75
post Aug 7 2017, 08:32 PM

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QUOTE(XL2K @ May 22 2017, 09:04 PM)
Its starting back....... recruiting is starting back......... scarry...........
*
yea it's coming back
XL2K
post Aug 8 2017, 08:38 AM

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QUOTE(kentchow75 @ Aug 7 2017, 08:32 PM)
yea it's coming back
*
What kind of story they gave u this time?
Apparently they claim that big boss have some share to give to the downline... ( Given to relative and no black n white)
Need to invest 28k ( 18k product + 10k Investment)
Then will be qualify for distributor. and need to continue to look for downline..
also the 18k product will be given either in lump sum or can be distribute in 10 month period.
There is also 1 trip within SEA country.

The 10k Investment deal sound like this... u can sell your share back to upline (relative) if u want to withdraw...

1. 10k use to purchase 10,000 unit of share in OTC.
(0.20USD pershare - Est total 2,000 USD)

2. By Jan 2018 expected the share will rise to 0.80 USD per share after listed in stock exchange.( from Insider)
(your money will grow up to RM36k)

3. By April 2019 will be listed in Nasdaq. Share will jump to 4.00 USD each.
( your money will grow more up to RM200k)

For me, Its too good to be true, but sad things is that alot of my relative , especially old one kena temp by this.
will popcorn soon on next Jan...

What is the story from your end ...?? can share???
Drian
post Aug 8 2017, 12:33 PM

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QUOTE(XL2K @ Aug 8 2017, 08:38 AM)
What kind of story they gave u this time?
Apparently they claim that big boss have some share to give to the downline... ( Given to relative and no black n white)
Need to invest 28k ( 18k product + 10k Investment)
Then will be qualify for distributor. and need to continue to look for downline..
also the 18k product will be given either in lump sum or can be distribute in 10 month period.
There is also 1 trip within SEA country.

The 10k Investment deal sound like this... u can sell your share back to upline (relative) if u want to withdraw...

1. 10k use to purchase 10,000 unit of share in OTC.
(0.20USD pershare - Est total 2,000 USD)

2. By Jan 2018 expected the share will rise to 0.80 USD per share after listed in stock exchange.( from Insider)
(your money will grow up to RM36k)

3. By April 2019 will be listed in Nasdaq. Share will jump to 4.00 USD each.
( your money will grow more up to RM200k)

For me, Its too good to be true, but sad things is that alot of my relative , especially old one kena temp by this.
will popcorn soon on next Jan...

What is the story from your end ...??  can share???
*
Might as well say that the share will go up to 200USD since they are not accountable if whatever they say is not accurate.

Ktkloong
post Aug 8 2017, 10:59 PM

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Now the economics are bad, scammers tend to use "greed" as bait
kentchow75
post Aug 8 2017, 11:34 PM

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QUOTE(XL2K @ Aug 8 2017, 08:38 AM)
What kind of story they gave u this time?
Apparently they claim that big boss have some share to give to the downline... ( Given to relative and no black n white)
Need to invest 28k ( 18k product + 10k Investment)
Then will be qualify for distributor. and need to continue to look for downline..
also the 18k product will be given either in lump sum or can be distribute in 10 month period.
There is also 1 trip within SEA country.

The 10k Investment deal sound like this... u can sell your share back to upline (relative) if u want to withdraw...

1. 10k use to purchase 10,000 unit of share in OTC.
(0.20USD pershare - Est total 2,000 USD)

2. By Jan 2018 expected the share will rise to 0.80 USD per share after listed in stock exchange.( from Insider)
(your money will grow up to RM36k)

3. By April 2019 will be listed in Nasdaq. Share will jump to 4.00 USD each.
( your money will grow more up to RM200k)

For me, Its too good to be true, but sad things is that alot of my relative , especially old one kena temp by this.
will popcorn soon on next Jan...

What is the story from your end ...??  can share???
*
more or less the same story, but not so extreme as yours

my side only offer to join with 18k then find 14 people to become ruby, then train 4 of the 14 to become another rubys, then I'll become diamond.
diamond within this year is offered 280k ipo share on otc
ChipZ
post Sep 4 2017, 09:56 PM

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How is this product different from Cellfood?
alexace88
post Nov 7 2017, 12:13 PM

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QUOTE(XL2K @ Aug 8 2017, 09:38 AM)
What kind of story they gave u this time?
Apparently they claim that big boss have some share to give to the downline... ( Given to relative and no black n white)
Need to invest 28k ( 18k product + 10k Investment)
Then will be qualify for distributor. and need to continue to look for downline..
also the 18k product will be given either in lump sum or can be distribute in 10 month period.
There is also 1 trip within SEA country.

The 10k Investment deal sound like this... u can sell your share back to upline (relative) if u want to withdraw...

1. 10k use to purchase 10,000 unit of share in OTC.
(0.20USD pershare - Est total 2,000 USD)

2. By Jan 2018 expected the share will rise to 0.80 USD per share after listed in stock exchange.( from Insider)
(your money will grow up to RM36k)

3. By April 2019 will be listed in Nasdaq. Share will jump to 4.00 USD each.
( your money will grow more up to RM200k)

For me, Its too good to be true, but sad things is that alot of my relative , especially old one kena temp by this.
will popcorn soon on next Jan...

What is the story from your end ...??  can share???
*
I have friends that tried to recruit me as well by saying the same thing.
They dont stress on the health products but pitch you on the IPO plan.
But I'm not sure about the black & white though.
To me, it is too good to be true as well. They say the dato sri is too rich so now he wants to use this way to give back to the society. hmm.gif
And I don't who is this dato sri. Having a JP doesn't mean whatever he says is solid or genuine right?
Too many scams around nowadays so it makes all these biz opportunities seem fake. rolleyes.gif
XL2K
post Nov 8 2017, 02:14 PM

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QUOTE(alexace88 @ Nov 7 2017, 12:13 PM)
I have friends that tried to recruit me as well by saying the same thing.
They dont stress on the health products but pitch you on the IPO plan.
But I'm not sure about the black & white though.
To me, it is too good to be true as well. They say the dato sri is too rich so now he wants to use this way to give back to the society.  hmm.gif
And I don't who is this dato sri. Having a JP doesn't mean whatever he says is solid or genuine right?
Too many scams around nowadays so it makes all these biz opportunities seem fake.  rolleyes.gif
*
January is just around the corner.... i going to see alot millionaires relatives ....
ChipZ
post Nov 13 2017, 01:04 AM

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QUOTE(XL2K @ Nov 8 2017, 02:14 PM)
January is just around the corner.... i going to see alot millionaires relatives ....
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Don't get it. Mind to elaborate?
XL2K
post Nov 13 2017, 02:45 AM

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QUOTE(ChipZ @ Nov 13 2017, 01:04 AM)
Don't get it. Mind to elaborate?
*
2. By Jan 2018 expected the share will rise to 0.80 USD per share after listed in stock exchange.( from Insider)
(your money will grow up to RM36k)

Wahahahahaaaa
kentchow75
post Nov 13 2017, 07:40 AM

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QUOTE(XL2K @ Nov 13 2017, 02:45 AM)
2. By Jan 2018 expected the share will rise to 0.80 USD per share after listed in stock exchange.( from Insider)
(your money will grow up to RM36k)

Wahahahahaaaa
*
Not sure they projecting or speculating
ChipZ
post Nov 13 2017, 11:16 AM

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It's MLM for sure, just hope it's not some ponzi or scam scheme
PeriPeri2014
post Nov 25 2017, 07:13 PM

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QUOTE(XL2K @ Aug 8 2017, 08:38 AM)
What kind of story they gave u this time?
Apparently they claim that big boss have some share to give to the downline... ( Given to relative and no black n white)
Need to invest 28k ( 18k product + 10k Investment)
Then will be qualify for distributor. and need to continue to look for downline..
also the 18k product will be given either in lump sum or can be distribute in 10 month period.
There is also 1 trip within SEA country.

The 10k Investment deal sound like this... u can sell your share back to upline (relative) if u want to withdraw...

1. 10k use to purchase 10,000 unit of share in OTC.
(0.20USD pershare - Est total 2,000 USD)

2. By Jan 2018 expected the share will rise to 0.80 USD per share after listed in stock exchange.( from Insider)
(your money will grow up to RM36k)

3. By April 2019 will be listed in Nasdaq. Share will jump to 4.00 USD each.
( your money will grow more up to RM200k)

For me, Its too good to be true, but sad things is that alot of my relative , especially old one kena temp by this.
will popcorn soon on next Jan...

What is the story from your end ...??  can share???
*
By Jan 18 your money sure will grow until 36k but you wont stop at this moment because is really happen. When come to April 19 than you will heard some diff story.....

PeriPeri2014
post Nov 25 2017, 07:16 PM

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QUOTE(ChipZ @ Nov 13 2017, 11:16 AM)
It's MLM for sure, just hope it's not some ponzi or scam scheme
*
You will never know is ponzi or not until its happen. Look at what happen with jjptr ???
lionelmessi88
post Nov 27 2017, 09:49 AM

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1st of all, their product is a really healthy or not is very questionable..as all of their members claimed they feel good and feel better after took their product merely after few months...is it because of some "substances" in the product that make you feel good? Rather that really healthy in the long term?

Secondly, their big boss, Dato How claimed that the share price will have no problem to increase from USD1 to USD10 at all. And the reason he is offering this IPO to members only, is because he want to reward his members that fight alongside with him, and he want to give back to society. What a bullshit?

USD1 to USD10 is 10 times of capital appreciation, sound too good to be true??!?!?!

Whoever that have more information, pls. come forward to unmask this, before it done more damages to the old folks that are majority of the victims.
ChipZ
post Nov 27 2017, 01:59 PM

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QUOTE(lionelmessi88 @ Nov 27 2017, 09:49 AM)
1st of all, their product is a really healthy or not is very questionable..as all of their members claimed they feel good and feel better after took their product merely after few months...is it because of some "substances" in the product that make you feel good? Rather that really healthy in the long term?

Secondly, their big boss, Dato How claimed that the share price will have no problem to increase from USD1 to USD10 at all.  And the reason he is offering this IPO to members only, is because he want to reward his members that fight alongside with him, and he want to give back to society. What a bullshit?

USD1 to USD10 is 10 times of capital appreciation, sound too good to be true??!?!?!

Whoever that have more information,  pls. come forward to unmask this, before it done more damages to the old folks that are majority of the victims.
*
If their products are really as miraculous as what they claimed, how come they weren't recommended by doctors? I heard from the agents it could be used for menstruation, pimples, fitness and other issues. Sounds too good to be true.
alexace88
post Nov 27 2017, 02:10 PM

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Now they are saying the company has been listed. Not sure listed at where though...
ChipZ
post Nov 27 2017, 02:16 PM

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QUOTE(alexace88 @ Nov 27 2017, 02:10 PM)
Now they are saying the company has been listed. Not sure listed at where though...
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Soon to be listed. Somewhere early next year. Let's wait and see..
alexace88
post Nov 27 2017, 02:25 PM

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QUOTE(ChipZ @ Nov 27 2017, 03:16 PM)
Soon to be listed. Somewhere early next year. Let's wait and see..
*
no leh.. that day my friend called me.. said listed dy.. duno which company under them listed though...
ChipZ
post Nov 27 2017, 02:47 PM

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QUOTE(alexace88 @ Nov 27 2017, 02:25 PM)
no leh.. that day my friend called me.. said listed dy.. duno which company under them listed though...
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Really? I remember my friend mentioned end of the year or something. The stock code will be AAGP
alexace88
post Nov 28 2017, 02:08 PM

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QUOTE(ChipZ @ Nov 27 2017, 03:47 PM)
Really? I remember my friend mentioned end of the year or something. The stock code will be AAGP
*
You check with your source and see. They posted facebook lol.
lionelmessi88
post Nov 28 2017, 05:06 PM

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QUOTE(alexace88 @ Nov 28 2017, 02:08 PM)
You check with your source and see. They posted facebook lol.
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To be listed on US OTC in Jan-2018, and soon to be listed on NASDAQ in Dec-2019...

Checked that OTC is very loose in control and regulation...
XL2K
post Dec 5 2017, 07:41 AM

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QUOTE(PeriPeri2014 @ Nov 25 2017, 07:13 PM)
By Jan 18 your money sure will grow until 36k but you wont stop at this moment because is really happen. When come to April 19 than you will heard some diff story.....
*
I din invest... . Lol wahaha
xiaoc.wu
post Dec 5 2017, 03:32 PM

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QUOTE(shakiraa @ Nov 9 2010, 09:47 PM)
thanks for sharing some inputs.

attended their "talk" last week, sounds like thier product is damn good, is like saving the world...hahahha...damn impressed by thier talk cock skill
*
sounds dubious, think twice
SUSDezs
post Dec 5 2017, 03:54 PM

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QUOTE(shakiraa @ Nov 7 2010, 07:30 PM)
Hey guys, lately there seems to be this new MLM, focusing on health products named Agape.

I have a couple of friends keep asking me to join, trying to convince me their strategy is totally different from other MLM.

Anybody heard of this before?

Please share your thought. thanks.

http://www.agapeatp.com/index.php?option=c...ntpage&Itemid=1
*
When your 'experts' cannot tell the difference between mitochondria and mitochondrial, Biomedicine and Biomedical, I assure you - you better find new friends lest you become as stupid as they are.

Basically, not a single piece of reliable information from the website. Every paragraph is bullshit with no actual fact or content to determine what exactly they are claiming for their product or service. Please la - this is zaman apa sudah? Even a non-medicine grad can tell its BS.

Just for the laughs - this is their research lab:
AGAPE SUPERIOR LIVING SDN BHD
No. 17, 17-1,17-2 & 17-3,
Wisma Laxton, Jalan Desa,
Taman Desa,
Off Jalan Klang Lama,
58100 Kuala Lumpur,
MALAYSIA.

A couple of office lots in some Taman. "inside" and "outside" cell health my ass. Even I can still come up with better BS than that if I wanted to cheat some uneducated aunties.

Wait wait wait... this one tops it all:
Why ATP Zeta Super Duper Health Dominate the World Screw Trump Program?
"A complete prevention nutrition program to achieve vitality, beauty and healthy"

Can we hire Agent 47 please? I think these guys are achieving too much healthy I kenot tahan dy.


This post has been edited by Dezs: Dec 5 2017, 03:58 PM
PeriPeri2014
post Dec 16 2017, 07:53 PM

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QUOTE(Dezs @ Dec 5 2017, 03:54 PM)
When your 'experts' cannot tell the difference between mitochondria and mitochondrial, Biomedicine and Biomedical, I assure you - you better find new friends lest you become as stupid as they are.

Basically, not a single piece of reliable information from the website. Every paragraph is bullshit with no actual fact or content to determine what exactly they are claiming for their product or service. Please la - this is zaman apa sudah? Even a non-medicine grad can tell its BS.

Just for the laughs - this is their research lab:
AGAPE SUPERIOR LIVING SDN BHD
No. 17, 17-1,17-2 & 17-3,
Wisma Laxton, Jalan Desa,
Taman Desa,
Off Jalan Klang Lama,
58100 Kuala Lumpur,
MALAYSIA.

A couple of office lots in some Taman. "inside" and "outside" cell health my ass. Even I can still come up with better BS than that if I wanted to cheat some uneducated aunties.

Wait wait wait... this one tops it all:
Why ATP Zeta Super Duper Health Dominate the World Screw Trump Program?
"A complete prevention nutrition program to achieve vitality, beauty and healthy"

Can we hire Agent 47 please? I think these guys are achieving too much healthy I kenot tahan dy.
*
But this agape have 13 years in Malaysia already since 2004.... if got problem why agape still in Malaysia market today???


Someone compare with agape with Moonspace, both also get OTC & will listed in Nasaq US .....omg...

SUSDezs
post Dec 18 2017, 09:44 AM

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QUOTE(PeriPeri2014 @ Dec 16 2017, 07:53 PM)
But this agape have 13 years in Malaysia already since 2004.... if got problem why agape still in Malaysia market today???
Someone compare with agape with Moonspace, both also get OTC & will listed in Nasaq US .....omg...
*
Your parents also survived for 60 years believing whatever crap they got from their superstitious beliefs. So did we get to the modern age today once believing that stones have ghosts in them.

If you want to waste your own money on falsely advertised products, be my guest. Else don't you dare sell a lie to take advantage of the less educated. We shall see their listings. As my checks go, nowhere found. Journals and proof of research, zilch.

alexace88
post Dec 19 2017, 11:22 AM

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QUOTE(PeriPeri2014 @ Dec 16 2017, 08:53 PM)
But this agape have 13 years in Malaysia already since 2004.... if got problem why agape still in Malaysia market today???
Someone compare with agape with Moonspace, both also get OTC & will listed in Nasaq US .....omg...
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You also survived till whatever age you are today without being 100% honest to yourself or people around you la wei.

If you want to counter an argument please provide facts and not just because of the duration of the company.

Not yet listed right? Don't say it too soon.
Hong Soon
post Dec 20 2017, 01:38 AM

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I found this

Pls help to take a look and comment, thanks

https://www.sec.gov/Archives/edgar/data/171...agape_s1reg.htm
MUM
post Dec 20 2017, 08:43 AM

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QUOTE(Hong Soon @ Dec 20 2017, 01:38 AM)
I found this

Pls help to take a look and comment, thanks

https://www.sec.gov/Archives/edgar/data/171...agape_s1reg.htm
*
hmm.gif what does this mean? that is just a private placement only? not open to public?
any idea?




Attached thumbnail(s)
Attached Image
SUSyklooi
post Dec 20 2017, 09:22 AM

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QUOTE(MUM @ Dec 20 2017, 08:43 AM)
hmm.gif what does this mean? that is just a private placement only? not open to public?
any idea?
*
don't be too happy too if it is labelled as "listed" or "open to public"....
ex....the stock may be labelled as "listed in the Bursa and open to trade by the public"...but does it has the daily trading volume?
Don't be "fooled" by the word "listed in the open market"........previously there is this M'sia 2nd board.......
many companies are listed there (open to public to trade).......have you noticed how many of them has trading volume that can generate interest?.......
hmm.gif unless they are "manipulated" with a purpose in mind... innocent.gif
lionelmessi88
post Dec 21 2017, 04:17 PM

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QUOTE(Hong Soon @ Dec 20 2017, 01:38 AM)
I found this

Pls help to take a look and comment, thanks

https://www.sec.gov/Archives/edgar/data/171...agape_s1reg.htm
*
Par Value 0.00001, and selling for $1, ROFL
Attached Image



Name: How Kok Choong Signature: /s/ How Kok Choong Title: CEO, President, Secretary, Treasurer, Director (Principal Executive Officer; Principal Financial Officer; Principal Accounting Officer)

Date: August 24, 2017


1 man show company? Who dare to invest? Laughing my ass off!
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PeriPeri2014
post Dec 21 2017, 10:16 PM

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QUOTE(lionelmessi88 @ Dec 21 2017, 04:17 PM)
Par Value 0.00001, and selling for $1, ROFL
Attached Image
Name: How Kok Choong  Signature: /s/ How Kok Choong  Title: CEO, President, Secretary, Treasurer, Director (Principal Executive Officer; Principal Financial Officer; Principal Accounting Officer)

Date: August 24, 2017
1 man show company? Who dare to invest? Laughing my ass off!
Attached Image
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Wah, you means agape cheat people on this??
PeriPeri2014
post Dec 21 2017, 10:18 PM

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QUOTE(Hong Soon @ Dec 20 2017, 01:38 AM)
I found this

Pls help to take a look and comment, thanks

https://www.sec.gov/Archives/edgar/data/171...agape_s1reg.htm
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I think they use this as "black & white" to ask ppl use 20k to join as member & use anorther usd 5k to buy thier OTC...... Total need invest rm40k
ProSambalEater
post Dec 22 2017, 10:51 AM

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you are actually buying the shares from the previous shareholders, check and see the list of current shareholders benefiting from ur investment.

but who cares, high risk high rewards right?
SUSyklooi
post Dec 22 2017, 02:20 PM

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who cares, high risk high rewards right?
.......there is a very thin line between suckers and those that do calculated high risk investment....

wuala
post Dec 22 2017, 04:06 PM

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QUOTE(PeriPeri2014 @ Dec 21 2017, 10:18 PM)
I think they use this as "black & white" to ask ppl use 20k to join as member & use anorther usd 5k to buy thier OTC...... Total need invest rm40k
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i attended one of the these meeting back in june. i was told that this deal was ending soon but in fact they are still offering you that?
well, now i am feeling doubtful of that
PeriPeri2014
post Dec 22 2017, 10:25 PM

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QUOTE(wuala @ Dec 22 2017, 04:06 PM)
i attended one of the these meeting back in june. i was told that this deal was ending soon but in fact they are still offering you that?
well, now i am feeling doubtful of that
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Offering this OTC shd end in this 30th Dec 17.
ChipZ
post Dec 25 2017, 03:44 PM

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The product has been in the market for more than 10++ years. ANy idea why only now they decided to apply for IPO?
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post Dec 25 2017, 07:54 PM

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QUOTE(ChipZ @ Dec 25 2017, 03:44 PM)
The product has been in the market for more than 10++ years. ANy idea why only now they decided to apply for IPO?
*
hmm.gif possibility of trying to do the money game bandwagon?
"IPO" is a new word they try to use to manipulate the minds? NOT ALL IPO are the same.....just read few posts back regarding that IPO.....

just a thought of mine without proof wan-lah.... biggrin.gif

PeriPeri2014
post Dec 25 2017, 10:23 PM

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QUOTE(ChipZ @ Dec 25 2017, 03:44 PM)
The product has been in the market for more than 10++ years. ANy idea why only now they decided to apply for IPO?
*
Monspace also using same way, IPO. Now monspace already black listed by Bank Negara. How about this Agape??
MUM
post Dec 25 2017, 10:58 PM

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QUOTE(PeriPeri2014 @ Dec 25 2017, 10:23 PM)
Monspace also using same way, IPO. Now monspace already black listed by Bank Negara. How about this Agape??
*
hmm.gif I think monspace overkilled it by "mimic/advertise" it monspace airline promo....thus fell into the eye of the BNM....others....maybe soon or never for the food is still enough to spread around for now...
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post Dec 26 2017, 12:00 AM

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On another side, it could be sth legit like amway? Health, mlm..
MUM
post Dec 26 2017, 12:22 AM

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QUOTE(ChipZ @ Dec 26 2017, 12:00 AM)
On another side, it could be sth legit like amway? Health, mlm..
*
yes,....except the current promo is the "IPO" and the 40k investment...(per post# 49)

This post has been edited by MUM: Dec 26 2017, 12:23 AM
ProSambalEater
post Dec 26 2017, 02:41 PM

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QUOTE(MUM @ Dec 26 2017, 12:22 AM)
yes,....except the current promo is the "IPO" and the 40k investment...(per post# 49)
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please take note that the shares u're buying are not tradable in the stock exchange yet.


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post Dec 26 2017, 04:36 PM

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QUOTE(ProSambalEater @ Dec 26 2017, 02:41 PM)
please take note that the shares u're buying are not tradable in the stock exchange yet.
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hmm.gif not tradeable yet after buying?? confused.gif
as per below post,...then it is sort of paying RM40 000 for a product that worth only RM 4.....and yet one cannot resell it....
(hope/assuming my calculation of 40k = 4 is correct)
hmm.gif still got people buying that doh.gif

QUOTE(lionelmessi88 @ Dec 21 2017, 04:17 PM)
Par Value 0.00001, and selling for $1, ROFL
Attached Image
Name: How Kok Choong  Signature: /s/ How Kok Choong  Title: CEO, President, Secretary, Treasurer, Director (Principal Executive Officer; Principal Financial Officer; Principal Accounting Officer)

Date: August 24, 2017
1 man show company? Who dare to invest? Laughing my ass off!
Attached Image
*
PeriPeri2014
post Dec 26 2017, 09:26 PM

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QUOTE(ProSambalEater @ Dec 26 2017, 02:41 PM)
please take note that the shares u're buying are not tradable in the stock exchange yet.
*
I tot you can trade anytime you want?? No?? Omg...

PeriPeri2014
post Dec 26 2017, 09:29 PM

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QUOTE(yklooi @ Dec 26 2017, 04:36 PM)
hmm.gif not tradeable yet after buying?? :confused:
as per below post,...then it is sort of paying RM40 000 for a product that worth only RM 4.....and yet one cannot resell it....
(hope/assuming my calculation of 40k = 4 is correct)
hmm.gif still got people buying that  doh.gif
*
U go in pay 20k buy 6 set of agape than become thier distributor, this 20k confrim not refund lor. How about the usd 5k leh?? Can not trade meh if need money ar??
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post Dec 26 2017, 10:37 PM

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QUOTE(PeriPeri2014 @ Dec 26 2017, 09:29 PM)
U go in pay 20k buy 6 set of agape than become thier distributor, this 20k confrim not refund lor. How about the usd 5k leh?? Can not trade meh if need money ar??
*
see post # 60?
Loki55699
post Feb 2 2018, 09:35 PM

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So, now is Feb 2018, what is the status? I saw the share still pending in US stock market. Pending for approval?
ChipZ
post Mar 5 2018, 01:04 PM

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QUOTE(Loki55699 @ Feb 2 2018, 09:35 PM)
So, now is Feb 2018, what is the status? I saw the share still pending in US stock market. Pending for approval?
*
Yes, from what I heard they are applying and have high confidence to be listed on NYSE
PeriPeri2014
post Mar 26 2018, 09:41 PM

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Any latest update??
jarodlim
post Mar 27 2018, 06:16 AM

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Well i attended one of their presentation on Sunday at Aloft Hotel KL (Just 2 days ago) and here is what I managed to remember or write down or from google research info

1) They had an elaborate timeline on when they plan this and that. Sounds good on paper but then murphy's law comes to the picture. Dr How even came and talk in chinese but I don''t understand it. Some people even gave a standing ovation, mostly are the people up in front with special tables.

2) They had photographers.. previously my friend claimed they were media. But no logo on their camera indicating they were from any media. I am thinking more like freelance photographers

3) They claim 2017 they had USD 2 mil net profit and project in 2018 to have USD 5 mil net profit. Following 5 years project to have USD 100 mil (can't remember if this is net profit or revenue)

4) Current independent valuation of USD 400 mil but when I ask one of their agents in a closed room, 1 to 1 briefing. He doesn't know. Sounds fishy there

5) Mr How serves multiple key roles in the organization. I am worried there is no segregation of duties or good corporate governance. One man controlling all the key position in the company.
https://www.bloomberg.com/research/stocks/p...capId=317643712

6) Underwriter of the share issuance is Network 1 financials. The speaker was a westerner Mr Adam Pasholk. I can't find any picture of him to validate if it is really him or not
https://network1.com/
https://www.bloomberg.com/research/stocks/p...0Systems,%20Inc.

Underwriters are just there to help make sure all shares are taken up at the right pricing during IPO. Doesn't give a guarantee that this investment is the real or not

7) During my one to one meeting with one of their senior agents he showed me one of their package. Invest RM 19K get 2000 shares and returns are from 70% to 130%. That's red flag no 1. No investment can give that much return. So i asked if i can take a picture of that package flatly denied the opportunity. If the investment is real, why can't i take a picture of it.

8) Noticed the words they used when assuring shares can hit USD 4 during listing is 'we believe'. I asked what happens if cannot achieve. Is there any black and white. Agent during 1 to 1 briefing didn't answer it. Instead used Dr How's name claiming he is rich, awarded by so many awards and recognized everywhere. Takkan he want cheat money and spoil his good name bcuz of this..

9) Lastly saw briefly on their slide, something looks lie FINRA. Google it and this is what i came up with

http://www.finra.org/

I am not sure if Agape is registered and planning to register with them but a search on their website yields no result on agape
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post Mar 27 2018, 06:41 AM

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QUOTE(jarodlim @ Mar 27 2018, 06:16 AM)
Well i attended one of their presentation on Sunday at Aloft Hotel KL (Just 2 days ago) and here is what I managed to remember or write down or from google research info
.............
*
thumbup.gif thumbsup.gif
informative compilation..... notworthy.gif notworthy.gif
alexace88
post Mar 27 2018, 11:10 AM

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My friend in Agape told me the price of the share is confirmed more than 10USD or more. I don't know how he confirmed it and I didn't ask much. And he asked to read any English newspaper regarding Agape/ Dato Sri acquire Unreserved Media 20% share lol. Anyone saw the news yet? I certainly have not read any newspaper yet today.
jarodlim
post Mar 27 2018, 05:52 PM

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QUOTE(alexace88 @ Mar 27 2018, 12:10 PM)
My friend in Agape told me the price of the share is confirmed more than 10USD or more. I don't know how he confirmed it and I didn't ask much. And he asked to read any English newspaper regarding Agape/ Dato Sri acquire Unreserved Media 20% share lol. Anyone saw the news yet? I certainly have not read any newspaper yet today.
*
There is no way one can confirmed share price before listing. Sure you may set a high price, but market forces will adjust it once you go listing. The minimum price for trading on NYSE is USD 4 per share.. maybe that's where Agape get their target from.

We all know Avon products right. According to NYSE, their share price is only at USD 2.84 at time of posting.
https://www.nyse.com/quote/XNYS:AVP

I do not know so much about share price so Avon price might be low due to trading size

I don't see how Agape who is new compared to Avon can simply overtake Avon in an instant provided their trading size is the same unit


The common story is that Dr How wanted to help us Malaysians.. that's what i heard from my friend. Not sure about others. But if his intent is really to help, why limit investment to a minimum of RM 19K. Not everyone has the fund to just burn like that. Why not give ppl the opportunity to invest in smaller lot ?

This post has been edited by jarodlim: Mar 27 2018, 05:53 PM
alexace88
post Mar 28 2018, 01:37 PM

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QUOTE(jarodlim @ Mar 27 2018, 06:52 PM)
There is no way one can confirmed share price before listing. Sure you may set a high price, but market forces will adjust it once you go listing. The minimum price for trading on NYSE is USD 4 per share.. maybe that's where Agape get their target from.

We all know Avon products right. According to NYSE, their share price is only at USD 2.84 at time of posting.
https://www.nyse.com/quote/XNYS:AVP

I do not know so much about share price so Avon price might be low due to trading size

I don't see how Agape who is new compared to Avon can simply overtake Avon in an instant provided their trading size is the same unit
The common story is that Dr How wanted to help us Malaysians.. that's what i heard from my friend. Not sure about others. But if his intent is really to help, why limit investment to a minimum of RM 19K. Not everyone has the fund to just burn like that. Why not give ppl the opportunity to invest in smaller lot ?
*
Ya that's what I meant. Nobody can confirm the share price that's why I think it's fishy.
Also I dont see any news on this dato sri acquire anything. lol.
The health product might be true but the whole biz plan to me it's a joke. 19k really not a small amount.
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post Mar 30 2018, 10:20 PM

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I attended one of their sessions and noticed the same thing.

1) The whole session was conducted in Chinese. If you're going international, then do it the international way. What is with having the entire thing in Chinese?

2) It's more like selling and promoting the Datuk rather than the products. Agree it's like a 1-man show. Yes, the Datuk might have this achievement and that credentials, but what happen to the company when he is no longer there. Sustainability, eh?

3) They're convincing people to pay RM18k for the product to be entitled for the pre-IPO share. If the company really has potential, why the rush? I can still buy the shares later on and still make gains if the company is really making money

Not to say this is a scam or money-game scheme, but somehow I could not find much information of the company besides some SEC stuff online
alexace88
post Apr 2 2018, 01:08 PM

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QUOTE(ChipZ @ Mar 30 2018, 11:20 PM)
I attended one of their sessions and noticed the same thing.

1) The whole session was conducted in Chinese. If you're going international, then do it the international way. What is with having the entire thing in Chinese?

2) It's more like selling and promoting the Datuk rather than the products. Agree it's like a 1-man show. Yes, the Datuk might have this achievement and that credentials, but what happen to the company when he is no longer there. Sustainability, eh?

3) They're convincing people to pay RM18k for the product to be entitled for the pre-IPO share. If the company really has potential, why the rush? I can still buy the shares later on and still make gains if the company is really making money

Not to say this is a scam or money-game scheme, but somehow I could not find much information of the company besides some SEC stuff online
*
When I turned down my friend, he said it's ok because he will be making lots of money in upcoming years. whistling.gif
Then he said if need health products can find him doh.gif
I think they got brain washed big time!
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post Apr 2 2018, 02:07 PM

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QUOTE(alexace88 @ Apr 2 2018, 01:08 PM)
When I turned down my friend, he said it's ok because he will be making lots of money in upcoming years.  whistling.gif
Then he said if need health products can find him  doh.gif
I think they got brain washed big time!
*
Unlike other MLMs like NuSkin, MLM or Elken, I could not find much information about Agape on the web. Did you friend tell you whether it is a US or Malaysia company?
alexace88
post Apr 4 2018, 02:46 PM

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QUOTE(ChipZ @ Apr 2 2018, 03:07 PM)
Unlike other MLMs like NuSkin, MLM or Elken, I could not find much information about Agape on the web. Did you friend tell you whether it is a US or Malaysia company?
*
What I remember is the company is Malaysia and the products are from US.
PeriPeri2014
post Apr 6 2018, 05:41 PM

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They are not focus on thier product. Thier focus is how to make big money after listed in US smile.gif


uote=alexace88,Apr 4 2018, 02:46 PM]
What I remember is the company is Malaysia and the products are from US.
*

[/quote]

ChipZ
post Apr 8 2018, 11:40 PM

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[quote=PeriPeri2014,Apr 6 2018, 05:41 PM]
They are not focus on thier product. Thier focus is how to make big money after listed in US smile.gif
uote=alexace88,Apr 4 2018, 02:46 PM]
What I remember is the company is Malaysia and the products are from US.
*

[/quote]
*

[/quote]
Are you one of their members? How is it going?
Jjj88
post Apr 10 2018, 11:46 PM

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QUOTE(alexace88 @ Mar 27 2018, 11:10 AM)
My friend in Agape told me the price of the share is confirmed more than 10USD or more. I don't know how he confirmed it and I didn't ask much. And he asked to read any English newspaper regarding Agape/ Dato Sri acquire Unreserved Media 20% share lol. Anyone saw the news yet? I certainly have not read any newspaper yet today.
*
You can read this latest news regarding Unreserved and Dato Sri How.

https://www.star2.com/entertainment/2018/04...malaysia-visit/
alexace88
post Apr 11 2018, 11:44 AM

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QUOTE(Jjj88 @ Apr 11 2018, 12:46 AM)
You can read this latest news regarding Unreserved and Dato Sri How.

https://www.star2.com/entertainment/2018/04...malaysia-visit/
*
This is about idris alba
PeriPeri2014
post May 29 2018, 06:58 PM

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Any update about this listed topic??
ChipZ
post Jun 20 2018, 03:22 PM

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QUOTE(PeriPeri2014 @ May 29 2018, 06:58 PM)
Any update about this listed topic??
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They don't really focus on the products. More on stocks and IPO
alexei
post Jun 25 2018, 10:45 AM

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Interesting, Malaysian company want to get listed in US.
https://www.sec.gov/Archives/edgar/data/171...agape_s1reg.htm

https://www.last10k.com/sec-filings/aac

This post has been edited by alexei: Jun 25 2018, 10:50 AM
MUM
post Jun 25 2018, 10:51 AM

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QUOTE(alexei @ Jun 25 2018, 10:45 AM)
read from post 44 page 3.....already being unmasked by many, many months back....
alexei
post Jun 25 2018, 11:00 AM

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QUOTE(MUM @ Jun 25 2018, 10:51 AM)
read from post 44 page 3.....already being unmasked by many, many months back....
*
Ok, the SEC filing was long ago.
What about the 10-K filing in March 2018? What does it mean? Genuinely asking here.
MUM
post Jun 25 2018, 12:13 PM

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Results ofOperation
For the three months endedMarch 31, 2018 and2017
Revenues
For three months ended March 31, 2018 and 2017, the Company has generated no revenue.
Net Loss
Our net loss for three months ended March 31, 2018were $28,856, while for three months ended March 31, 2017were $Nil.
For the nine months endedMarch 31, 2018 and2017
Revenues
For nine months ended March 31, 2018, we realized revenue in the amount of $487,626, which is greater than $Nil for nine months ended March 31, 2017. The revenue
is derived fromthe sale of our healthy food products. Our gross profits for the nine months ended March 31, 2018 were $45,654, which is greater than $Nil for nine
months ended March 31, 2017. We attribute the increase in revenue and gross profit to increase of market exposure and the introduction of newproducts in 2017. We
believe that in order to retain and maintain more customers in the future we must increase ourmarketing efforts and or develop newproducts.
https://www.last10k.com/sec-filings/1713210...2-18-006857.htm
Johnnytan90
post Jul 27 2018, 08:03 PM

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Any update for agape listing in US? Now almost end of july 2018, still cannot find any news about agape listed in OTC US.
labtec
post Jul 28 2018, 09:49 PM

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this is like moonspace?
Dreamcoffee
post Jul 31 2018, 01:35 AM

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I saw the update of listed had change from Nasdaq to NYSE by Mar 2019.
Doubts they looking for more “investor” and “$”???

Dreamcoffee
post Jul 31 2018, 01:49 AM

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QUOTE(alexei @ Jun 25 2018, 10:45 AM)
Interesting, some more it is a MLM company.
I have someone’s become Diamond within few months, doubts how much $ needed to invest?

ChipZ
post Aug 1 2018, 09:46 AM

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QUOTE(Dreamcoffee @ Jul 31 2018, 01:49 AM)
Interesting, some more it is a MLM company.
I have someone’s become Diamond within few months, doubts how much $ needed to invest?
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You have someone? You mean you're also part of it?
labtec
post Aug 1 2018, 07:43 PM

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QUOTE(Dreamcoffee @ Jul 31 2018, 01:35 AM)
I saw the update of listed had change from Nasdaq to NYSE by Mar 2019.
Doubts they looking for more “investor” and “$”???
*
what is the listing requirement for Nasdaq? got so easy to get listed one meh?

their revenue is little only

This post has been edited by labtec: Aug 1 2018, 07:44 PM
Dreamcoffee
post Aug 1 2018, 11:38 PM

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QUOTE(ChipZ @ Aug 1 2018, 09:46 AM)
You have someone? You mean you're also part of it?
*
I mean my relatives / friends. I am not part of them lah.
I also being mocked by them after I not believe and support and rejected to know more. They just keep showing off how good of their lifestyle after joined.

Actually I not listen and interest the full and actual MLM plan and IPO. My opinion that if they had so good and effective of products, then focus on products. That it.
Why must pay 18K and looking a lot of 18K from others for recognition or pay more for IPO? This so called “help people”. Nowadays it look like 18K is so easily to get. Haha.

Haha, anyway I will have a lot of millionaires relatives / friends in future.

Dreamcoffee
post Aug 2 2018, 12:00 AM

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QUOTE(labtec @ Aug 1 2018, 07:43 PM)
what is the listing requirement for Nasdaq? got so easy to get listed one meh?

their revenue is little only
*
No ideas. I had rejected to know more from them.
They updated to listing in NYSE instead of NASDAQ.
Revenue also no ideas ~ haha. You read post #86, May ask MUM to give more info.

I just know quite a numbers of my relatives / friends joined. RM18K with products and a short SEA trip. Then IPO, not sure how much they invest. Those youngster looking for parents and senior relatives to join or they so called “help” people to “earn” USD.


labtec
post Aug 2 2018, 12:58 AM

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18k is a lot, but still lower than the 30k a bunch of my friends invested in lamp berger last time.
Dreamcoffee
post Aug 2 2018, 08:27 PM

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QUOTE(labtec @ Aug 2 2018, 12:58 AM)
18k is a lot, but still lower than the 30k a bunch of my friends invested in lamp berger last time.
*
These days many MLM Co. are with high joining fees/no cheap products, all cost few thousand to ten/twenty thousand. People who keep promote with high incentive. (I am thought like that then what is the different between Ponzi Scheme). Another they emphasize is “IPO” stock investment. They said their MLM is different. Hehe.
Making revenue very fast in short period mean company doing well? Haih ~
alexei
post Aug 3 2018, 02:15 AM

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QUOTE(Dreamcoffee @ Jul 31 2018, 01:49 AM)
Interesting, some more it is a MLM company.
I have someone’s become Diamond within few months, doubts how much $ needed to invest?
*
The IPO is estimated around $1~2 now, based on previous projection?
Means, 10k share at RM10k a year ago, should be 5~10x by now.

Did anyone look into who is the CEO? I found this: http://top10malaysia.com/main/building-bus...from-the-heart/
and this: http://www.4-traders.com/business-leaders/...CK-E/biography/
alexei
post Aug 3 2018, 02:19 AM

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I have met people who told me about owning shares of businesses that aren't necessary listed. The ownership is legitimate, with limited qty of stock changing hands, and the values being calculated based on the business' worth.

Examples are like chain outlets in Malaysia, or F&B outlets... those aren't event IPO, just for closed circle of investors, and they earn money like I can't believe.
alexei
post Aug 3 2018, 02:19 AM

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QUOTE(labtec @ Aug 2 2018, 12:58 AM)
18k is a lot, but still lower than the 30k a bunch of my friends invested in lamp berger last time.
*
Lampe Berger... man! It still exists.

This post has been edited by alexei: Aug 3 2018, 02:20 AM
MUM
post Aug 3 2018, 08:20 AM

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QUOTE(alexei @ Aug 3 2018, 02:19 AM)
Lampe Berger... man! It still exists.
*
yes, still exist....
it has its own retail arm that sells the perfume and accessories at shopping malls.
But just not sure about the current status of its MLM activities of promising lucrative income for those who find members to join its MLM scheme.
http://www.mlm.com.my/top-malaysian-mlm-scams.html
MUM
post Aug 3 2018, 08:34 AM

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QUOTE(alexei @ Aug 3 2018, 02:19 AM)
I have met people who told me about owning shares of businesses that aren't necessary listed. The ownership is legitimate, with limited qty of stock changing hands, and the values being calculated based on the business' worth.

Examples are like chain outlets in Malaysia, or F&B outlets... those aren't event IPO, just for closed circle of investors, and they earn money like I can't believe.
*
Yes, that is true,....those investors invested into it knowing that truth before hand
but for some others, investors are "promises of wealth" by the word "listing in US market"....(no knowing the content of the listing is about....just listing is assume to be the same as listed in the stock markets)
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post Aug 3 2018, 08:40 AM

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QUOTE(alexei @ Aug 3 2018, 02:15 AM)
The IPO is estimated around $1~2 now, based on previous projection?
Means, 10k share at RM10k a year ago, should be 5~10x by now.

Did anyone look into who is the CEO? I found this: http://top10malaysia.com/main/building-bus...from-the-heart/
and this: http://www.4-traders.com/business-leaders/...CK-E/biography/
*
googled and found this...

"Market for the common shares"
There is no public market for the common shares. The price per share is $1.00.
We may not be able to meet the requirement for a public listing or quotation of our common stock.
Furthermore, even if our common stock is quoted or granted listing, a market for the common shares may not develop.
The offering price for the shares will remain at $1.00 per share for the duration of the offering.

Because our business and marketing plans may be unsuccessful, we may not be able to continue operations as a going concern.

Our ability to continue as a going concern is dependent upon our generating cash flow that is sufficient to fund operations or finding adequate investment or borrowed capital to support our operations. To date we have relied entirely on equity financing from our shareholders to fund our operations. Our business and marketing plans may not be successful in achieving a sustainable business and generating revenues. We have no arrangements in place for sufficient financing to be able to fully implement our business plan. If we are unable to continue as planned currently, we may have to curtail some or all of our business plan and operations. In such case, investors will lose all or a portion of their investment.

We currently have been generating operating losses, and we may never achieve profitability.

We have had and we expect to continue to have losses in the near term and will rely on capital funding or borrowings to fund our operations. To date, capital funding has been limited in amount. We cannot predict whether or not we will ever become profitable or be able to continue to find capital to support our development and business plan.

We will require additional capital in the future, which may not be available on terms acceptable to us, or at all.

Our future liquidity and capital requirements will depend upon numerous factors, including the success of our offerings and market developments. We will to need to raise funds through public or private financings, strategic relationships or other arrangements. There can be no assurance that such funding, will be available on terms acceptable to us, or at all. Furthermore, any equity financing will be dilutive to existing stockholders, and debt financing, if available, may involve restrictive covenants that may limit our operating flexibility with respect to certain business matters. If funds are raised through the issuance of equity securities, the percentage ownership of our stockholders will be reduced, stockholders may experience additional dilution in net book value per share, and such equity securities may have rights, preferences or privileges senior to those of the holders of our existing capital stock. If adequate funds are not available on acceptable terms, we may not be able to continue operating, develop or enhance products, take advantage of future opportunities or respond to competitive pressures, any of which could have a material adverse effect on our business, operating results and financial condition.

We do not currently have a fully developed marketing plan, and as such we may not generate as much revenue as we anticipate.

Presently, we do not have a definitive marketing plan to acquire clients. It will take us time to develop a concrete marketing plan, and in the interim we will likely not be generating significant revenue or, in a worst case scenario, any revenue at all.

https://www.sec.gov/Archives/edgar/data/171..._s1reg.htm#RISK

btw, I think previously many had trusted Bernard Madoff, Scott Rothstein, Paul Burks & others through their biography and income track records presentations too

hmm.gif unless there is a serious manipulation......what are the changes of 5~10X gains in a year when the Stock had a $0.0001 par value but are offered at $1.00 per share now? doh.gif

This post has been edited by MUM: Aug 3 2018, 09:08 AM
ChipZ
post Aug 3 2018, 04:57 PM

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Dont really understand. Can explain in layman terms?
alexei
post Aug 3 2018, 06:58 PM

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QUOTE(ChipZ @ Aug 3 2018, 04:57 PM)
Dont really understand. Can explain in layman terms?
*
There is no basis on the per-IPO value at the moment, and the SEC registration information is indicating that the company has no confidence in marking any profit.

MUMOk?
Dreamcoffee
post Aug 4 2018, 10:30 AM

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QUOTE(MUM @ Aug 3 2018, 08:34 AM)
Yes, that is true,....those investors invested into it knowing that truth before hand
but for some others, investors are "promises of wealth" by the word "listing in US market"....(no knowing the content of the listing is about....just listing is assume to be the same as listed in the stock markets)
*
This Agape know there is a lot of no knowing the content of listing that is why they dare “promise of wealth” by listing in US to invite and attract people.
They keep use xiaomi, huawei, alibaba as example.
T231H
post Aug 4 2018, 10:38 AM

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QUOTE(Dreamcoffee @ Aug 4 2018, 10:30 AM)
This Agape know there is a lot of no knowing the content of listing that is why they dare “promise of wealth” by listing in US to invite and attract people.
They keep use xiaomi, huawei, alibaba as example.
*
after > 6 months, is this listing successful?
where to see its current price?

there is a DIFFERENT between Agape ATP common share status VS those preferred share like xiaomi, huawei, alibaba as example.

from "MUM" post few post up....

"Market for the common shares"
There is no public market for the common shares. The price per share is $1.00.
We may not be able to meet the requirement for a public listing or quotation of our common stock.

my guess is that is why they dare “promise of wealth” by listing in US to invite and attract people join them because they knew many are naive to know the different.
i was naive too until i came across and read the information from that link

This post has been edited by T231H: Aug 4 2018, 11:14 AM
Dreamcoffee
post Aug 4 2018, 10:46 AM

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QUOTE(alexei @ Aug 3 2018, 02:19 AM)
I have met people who told me about owning shares of businesses that aren't necessary listed. The ownership is legitimate, with limited qty of stock changing hands, and the values being calculated based on the business' worth.

Examples are like chain outlets in Malaysia, or F&B outlets... those aren't event IPO, just for closed circle of investors, and they earn money like I can't believe.
*
Is there legal docs or B&W if like that?
Yes, those chain aren’t arent IPO, but they are not like those MLM everywhere keep recuirt people to become “shareholder”?

Dreamcoffee
post Aug 4 2018, 02:41 PM

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QUOTE(T231H @ Aug 4 2018, 10:38 AM)
after > 6 months, is this listing successful?
where to see its current price?

there is a DIFFERENT between Agape ATP common share status VS those preferred share like xiaomi, huawei, alibaba as example.

from "MUM" post few post up....

"Market for the common shares"
There is no public market for the common shares. The price per share is $1.00.
We may not be able to meet the requirement for a public listing or quotation of our common stock.

my guess is that is why they dare “promise of wealth” by listing in US to invite and attract people join them because they knew many are naive to know the different.
i was naive too until i came across and read the information from that link
*
Originally they told at last year that by this early of 2018 will listing at NASDAQ. Recently updated change to listing at NYSE by Mar 2019.
They said invest in IPO and giving example like xiaomi, huawei, alibaba those employees with IPO. Hahaha.
They said the CEO offer this because of want to help people, from his hometown or kampung. That is why their training/event mostly in Chinese.
Impossible those youngster cannot read? They too dare to take risk. From my side I saw my friends, they mostly start recuirt from parents and senior relatives.
Actually they are not naive, just think too big.

Dreamcoffee
post Aug 4 2018, 02:58 PM

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These days a lot of people use “IPO” to invite for investment. They not looking at business, industry, profile and background.
Just depend you dare or not....I am being ridiculing by them that I cannot get rich. Hehe. Anyway... never mind. I am just a wage earner.
MUM
post Aug 5 2018, 10:53 AM

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QUOTE(Dreamcoffee @ Aug 4 2018, 02:41 PM)
Originally they told at last year that by this early of 2018 will listing at NASDAQ. Recently updated change to listing at NYSE by Mar 2019.
They said invest in IPO and giving example like xiaomi, huawei, alibaba those employees with IPO. Hahaha.
They said the CEO offer this because of want to help people, from his hometown or kampung. That is why their training/event mostly in Chinese.
Impossible those youngster cannot read? They too dare to take risk. From my side I saw my friends, they mostly start recuirt from parents and senior relatives.
Actually they are not naive, just think too big.
*
rclxm9.gif another year to make excuses of the non realisation of benefits of the purported NASDAQ "listing" and another year to make more money from gullible naive suckers.
They can read, but they are just too naïve to have the wisdom to see the different between common stocks vs preferred stock status.
just like many people think all stock listed in Malaysia bursa are the same....not knowing there are main board, ACE market, individuals trading volumes, market PE, etc, etc can make a big difference in a stock prices .

those that followed the money games schemes previously also recruited from parents, relatives and friends....because of want to help people they knew, from his hometown, offices or kampung too

being dared to take risks after careful analysis of the true facts provided is different from being "con", "cheated" or scammed into schemes in which thes people would be called suckers/water fish by the organisers of those schemes in private or in their hearts

This post has been edited by MUM: Aug 5 2018, 12:08 PM
Dreamcoffee
post Aug 8 2018, 08:08 PM

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True~ suckers.
I don know how to describe them. I am just worried my senior relatives but cannot do much and speak much. Even the young one, most of them resigned and become full time so called “entrepreneur”.
Their marketing plan may keep changing, but still/lways cost thousand thousand.Nowadays thousand thousand like peanut.
MUM
post Aug 8 2018, 08:15 PM

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QUOTE(Dreamcoffee @ Aug 8 2018, 08:08 PM)
True~ suckers.
I don know how to describe them. I am just worried my senior relatives but cannot do much and speak much. Even the young one, most of them resigned and become full time so called “entrepreneur”.
Their marketing plan may keep changing, but still/lways cost thousand thousand.Nowadays thousand thousand like peanut.
*
yes,...I think so too.....
many people out there will treat RM4000 as nothing too.....can gamble about.....lost never mind lor.
ex...how many complaint about being cheated by the money games organisers?

did not read many of them in the newspaper

just too bad...I am one of them that cannot afford to treat RM4000 as a gambling chips sad.gif
Dreamcoffee
post Aug 8 2018, 08:51 PM

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QUOTE(MUM @ Aug 8 2018, 08:15 PM)
yes,...I think so too.....
many people out there will treat RM4000 as nothing too.....can gamble about.....lost never mind lor.
ex...how many complaint about being cheated by the money games organisers?

did not read many of them in the newspaper

just too bad...I am one of them that cannot afford to treat RM4000 as a gambling chips  sad.gif
*
They can treat the money like nothing but the problem is they commented other people lifestyle. Come on, every one have their own and different interest.
Those so called they are “entrepreneur” / “investor” invested in Ponzi scheme one never listen and learned lah. They just told me timing issue. Haha.
Too bad ~ same that I cannot afford for 18K + 10K.
They really will become millionaires if continue with few thousand to join a MLM and get the commission. Imagine 18K x N people ! Wow...
last time their “investor” said they are focus on health supplements (sell in set only) only, 10+ years sell the same thing with reason of they are focus with world best health products. Recently launched beauty mask. Haha. Different marketing plan launched. So contradicting ~
PeriPeri2014
post Aug 19 2018, 09:37 PM

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QUOTE(Dreamcoffee @ Aug 8 2018, 08:51 PM)
They can treat the money like nothing but the problem is they commented other people lifestyle. Come on, every one have their own and different interest.
Those so called they are “entrepreneur” / “investor” invested in Ponzi scheme one never listen and learned lah. They just told me timing issue. Haha.
Too bad ~ same that I cannot afford for 18K + 10K.
They really will become millionaires if continue with few thousand to join a MLM and get the commission. Imagine 18K x N people ! Wow...
last time their “investor” said they are focus on health supplements (sell in set only) only, 10+ years sell the same thing with reason of they are focus with world best health products. Recently launched beauty mask. Haha. Different marketing plan launched. So contradicting ~
*
Everyone also wish become sucessful entrepreneur but really so easy meh??

Those who invest on 20k (Product) & 18k (Share/IPO) on Agape, now already get back how much??

Why listed in Naqsad change to NYSE?? Why from Mar 2018 to Mar 2019 geh??

Those who expert pls let me know ya
Dreamcoffee
post Aug 20 2018, 04:10 PM

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Those investor never tell me how much they had invested and how much return ...
Never want to tell the truth ...
They just told me that he/she and their parents healtier after consume the products. They can enjoy life (keep traveling) while working, better lifestyle as well as help people. Some afford change luxury car and buy luxury watches.

I also wanted to know why they change from NASDAQ to NYSE and listing date was postponed from 2018 to 2019.

Yea, EXPERTS please let us know...

I think they not dare share or discuss openly as I requested. They just ridiculed me, I will miss the chance and they will proved to me when listed and make me regret. Haha.
PeriPeri2014
post Aug 20 2018, 09:19 PM

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QUOTE(Dreamcoffee @ Aug 20 2018, 04:10 PM)
Those investor never tell me how much they had invested and how much return ...
Never want to tell the truth ...
They just told me that he/she and their parents healtier after consume the products. They can enjoy life (keep traveling) while working, better lifestyle as well as help people. Some afford change luxury car and buy luxury watches.

I also wanted to know why they change from NASDAQ to NYSE and listing date was postponed from 2018 to 2019.

Yea, EXPERTS please let us know...

I think they not dare share or discuss openly as I requested. They just ridiculed me, I will miss the chance and they will proved to me when listed and make me regret. Haha.
*
Perhaps they will change listed to LSE on Mar 2020 when we reach Mar 2019.... who knows...

Dreamcoffee
post Aug 20 2018, 11:13 PM

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QUOTE(PeriPeri2014 @ Aug 20 2018, 09:19 PM)
Perhaps they will change listed to LSE on Mar 2020 when we reach Mar 2019.... who knows...
*
May be...
Er...... May be HKEX. Yea who knows.
They keep emphasizing their “sister company” Greenpro already listed.
some of them went there to learn some experiences.
Experience of ~ strategy to ?!?!
PeriPeri2014
post Aug 21 2018, 08:08 AM

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QUOTE(Dreamcoffee @ Aug 20 2018, 11:13 PM)
May be...
Er...... May be HKEX. Yea who knows.
They keep emphasizing their “sister company” Greenpro already listed.
some of them went there to learn some experiences.
Experience of ~ strategy to ?!?!
*
This kind of experience will cost you 40k++....
smile.gif
SUSyklooi
post Sep 1 2018, 12:42 AM

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YES.... thumbup.gif rclxm9.gif

bcos there is 1 s#ck3r born every minute....

thanks goodness for that... rclxms.gif thumbsup.gif
UglyOrgan
post Sep 1 2018, 11:26 AM

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I have a good friend that quit her engineering job and went full time with this agape thing. Well, I am very skeptical about this whole thing, and really worry about her.
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post Sep 1 2018, 11:51 PM

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QUOTE(UglyOrgan @ Sep 1 2018, 11:26 AM)
I have a good friend that quit her engineering job and went full time with this agape thing.  Well, I am very skeptical about this whole thing, and really worry about her.
*
Share with us ur point of view why you so worry about her
ChipZ
post Sep 5 2018, 12:27 AM

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QUOTE(PeriPeri2014 @ Sep 1 2018, 11:51 PM)
Share with us ur point of view why you so worry about her
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Just like how skeptical you are towards this scheme
Dreamcoffee
post Sep 7 2018, 01:14 PM

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I have relatives and friends also resigned and so called become entrepreneurer because of this schemes. They looking all around seniors relatives to support.
They will “beautifully packaged” themselves eg travel around the world, buy luxury. As usual like those Ponzi schemes.
Behind the scene, who know ~ (check the joining amount and tricks to upgrade their so called level) 🤔
alexei
post Sep 7 2018, 04:55 PM

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The product is good. It's being distributed but profit is not recorded as part of the company yet.

Engineers quit their job to pursue this full time could mean either way. But usually people stick to day job and pursue such thing as side income. They maybe know something we don't.

Personally I hope this Malaysian business will grow strong.

P/S: If you have a chance to try the product, give it a go.
kockleong
post Sep 19 2018, 04:49 PM

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Ponzi scheme listed in US
time will tell the truth





Attached thumbnail(s)
Attached Image
MUM
post Sep 19 2018, 08:57 PM

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QUOTE(kockleong @ Sep 19 2018, 04:49 PM)
Ponzi scheme listed in US
time will tell the truth

*
sweat.gif
it is a common stock....not tradeable as mentioned by others few months back?

doh.gif preiuosly mentioned wanted to sell at 1 now 0.95


Dreamcoffee
post Sep 20 2018, 08:15 PM

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QUOTE(kockleong @ Sep 19 2018, 04:49 PM)
Ponzi scheme listed in US
time will tell the truth

*
Current information - Pink!?
Huhu.
Dreamcoffee
post Sep 20 2018, 08:29 PM

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OTC MARKET?!
Huh.

Currently they are actively proved that they have very good life and future because of this investment.
They said we laugh/ridiculed at them.
Anyway, people’s choice. No comment.
Dreamcoffee
post Sep 22 2018, 05:26 PM

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Every time there are updates or comments in this page, found after that there are respond in other webpage to “feedback” the comments here. What a by coincidence! Come on, free to feedback here if you are open and aboveboard.

Wowo~ mean somebody from the “A” co are follow with interest our comments. Haha ~ what is so care about huh?! Here is free and open.

Found they “feedback” in other webpage:
They will change the current information to QB in short period. (Thank you responded my comment in post #129) haha.
Price as at 21/9/2018 is 2.20 (this replies to post #128). Hahahaha.
MUM
post Sep 22 2018, 05:31 PM

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QUOTE(Dreamcoffee @ Sep 22 2018, 05:26 PM)
Every time there are updates or comments in this page, found after that there are respond in other webpage to “feedback” the comments here. What a by coincidence! Come on, free to feedback here if you are open and aboveboard.

Wowo~ mean somebody from the “A” co are follow with interest our comments. Haha ~ what is so care about huh?! Here is free and open.

Found they “feedback” in other webpage:
They will change the current information to QB in short period. (Thank you responded my comment in post #129) haha.
Price as at 21/9/2018 is 2.20 (this replies to post #128). Hahahaha.
*
thumbsup.gif wow,..you following up with that?

btw,...regarding the price of 2.20....ask where to see the price, how to sell? what is the trading volume? thumbsup.gif
the 0.95 price is from the image in post 127

This post has been edited by MUM: Sep 22 2018, 05:32 PM
Dreamcoffee
post Sep 22 2018, 05:45 PM

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QUOTE(MUM @ Sep 22 2018, 05:31 PM)
:thumbsup: wow,..you following up with that?

btw,...regarding the price of 2.20....ask where to see the price, how to sell? what is the trading volume?  :thumbsup:
the 0.95 price is from the image in post 127
*
As mentioned before, I have friends and relatives invested.
But every time not dare to open for discuss if I asked for information, not allow taking photos of the “plan” promotes to me.

After I commented Pink information, suddenly shared that they applied OTCQB. Hahahaha ~ I never comment in front of them actually.

They checked in OTCMARKETS.COM I think. Coz they keep screenshot it.
Dreamcoffee
post Sep 22 2018, 05:59 PM

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As mentioned by some post before, haha ~ don’t be fooled by “listed”. Go and check how many listed on board with daily transaction volume.

I guess HOH~ the “investor” of this “A” co never think want to trade theirs. They said want wait until USD10 MA or they are shareholders of this co with bright future, may be dividend very KAO. Lol. They said they are entrepreneurs.
MUM
post Sep 22 2018, 06:06 PM

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sweat.gif it is beginning to sound like a cult ... devil.gif
thumbup.gif bravo to their leaders .... notworthy.gif
labtec
post Sep 22 2018, 11:16 PM

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Stock price increase from 0.95 to 2.2 now? Seems doing pretty good

The otcmarket website didn't list down their transaction volume info. Must have something transaction, else cannot increase to 2.2
SUSyklooi
post Sep 22 2018, 11:31 PM

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QUOTE(labtec @ Sep 22 2018, 11:16 PM)
Stock price increase from 0.95 to 2.2 now? Seems doing pretty good

The otcmarket website didn't list down their transaction volume info. Must have something transaction, else cannot increase to 2.2
*
where to see the 2.20?
other than from the earlier post posted by DreamCoffee?

profit margin already down -11%...and there is no trading data from bloomberg.... blush.gif
confused.gif

https://www.bloomberg.com/quote/AATP:US

This post has been edited by yklooi: Sep 22 2018, 11:34 PM
ChipZ
post Sep 23 2018, 12:05 AM

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QUOTE(yklooi @ Sep 22 2018, 11:31 PM)
where to see the 2.20?
other than from the earlier post posted by DreamCoffee?

profit margin already down -11%...and there is no trading data from bloomberg.... blush.gif
confused.gif

https://www.bloomberg.com/quote/AATP:US
*
https://www.otcmarkets.com/stock/AATP/overview

SUSyklooi
post Sep 23 2018, 12:10 AM

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QUOTE(ChipZ @ Sep 23 2018, 12:05 AM)
Ok thanks.
any idea why no other information?

also btw,...the lower chart....small displays...last 0.95, Volume 0

hmm.gif is it offer to sell at 2.20 but no one buying?

This post has been edited by yklooi: Sep 23 2018, 12:31 AM


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Dreamcoffee
post Sep 23 2018, 02:41 AM

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Pink Sheet, of course no information.
It is no list yet.
Show in OTC doesn’t mean listed or can trade in public.

Johnnytan90
post Sep 23 2018, 03:20 AM

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QUOTE(Dreamcoffee @ Sep 23 2018, 02:41 AM)
Pink Sheet,  of course no information.
It is no list yet.
Show in OTC doesn’t mean listed or can trade in public.
*
They really have no conscience. All are big liar..
Ninety5
post Sep 24 2018, 04:11 PM

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QUOTE(Johnnytan90 @ Sep 23 2018, 03:20 AM)
They really have no conscience. All are big liar..
*
They Just Listed in OTC, now Pink, will uplift to QB soon, before that, they need to summit all the info. Then only every one will see all the detail. Why no trade? I think if any one here ever listed your own company in US, then only you will understand the hall process of it.u
MUM
post Sep 24 2018, 04:18 PM

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QUOTE(Ninety5 @ Sep 24 2018, 04:11 PM)
They Just Listed in OTC, now Pink, will uplift to QB soon, before that, they need to summit all the info. Then only every one will see all the detail. Why no trade? I think if any one here ever listed your own company in US, then only you will understand the hall process of it.u
*
thanks for joining lyn today just to tell more....
did they tell you what you just posted?
anyway, how long does it take to uplift to QB?
Now is a common stock status....after the uplift will it remains as a common stock or changed to a more tradeable "preferred stock" status?
Will it remains as a "pink sheet" status as mentioned by a forummer earlier?
how long does it takes to have trading volume details?

they must have told you the details..right?
or they just tell you to just wait and you will be wealthy as posted in post# 17 ?...if YES....

then as i mentioned earlier
thumbup.gif bravo to your leaders .... notworthy.gif

This post has been edited by MUM: Sep 24 2018, 05:38 PM
Ninety5
post Sep 24 2018, 07:54 PM

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QUOTE(MUM @ Sep 24 2018, 04:18 PM)
thanks for joining lyn today just to tell more....
did they tell you what you just posted?
anyway, how long does it take to uplift to QB?
Now is a common stock status....after the uplift will it remains as a common stock or changed to a more tradeable "preferred stock" status?
Will it remains as a "pink sheet" status as mentioned by a forummer earlier?
how long does it takes to have trading volume details?

they must have told you the details..right?
or they just tell you to just wait and you will be wealthy as posted in post# 17 ?...if YES....

then as i mentioned earlier
thumbup.gif bravo to your leaders .... notworthy.gif
*
Happy mid autumn to all. Most funny forum ever, kind of the team work games by passing message in a group of peoples, 1st message pass down to last person end up the story like crab. Me still young, some of you here might be expert in some others field, I don know. My dad got his life back because of their product, Hospital try their best, cost us 150k, end up ask us to get ready, choose either wait in hospital get every to see him last, or bring my dad home. My brother’s friend with his good heart introduced Atp to us, my dad now after 9months, still here with us, every day we can see his improvements. My mum spend 18k bought a package, bought 5000unit of share. You can choose not to buy their share, but why not when it is offer to us. I follow our friend to attend most of their talk, meeting, it is totally not like what you all blow here. Some times if you want to learn something, you got to dip your feed in then you know what is happening. Wealthy not with just this little amount of share. I’m not sure if any of you good in back ground search for any one, but for sure my uncle know some one who good in doing all this.
But this forum good for you all here to spend times talk negative, bad thing about some others instead of really try to understand them. USA, they not like Malaysia thing can be done underneath the table, they are very strict, why Malaysia so many Big company don choose to list in USA?
Bravo to all of you here, instead of do real search get the right news, don guide or misdirect others if you not sure or not know what you try to teach others. God bless every one.
SUSyklooi
post Sep 24 2018, 08:10 PM

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QUOTE(Ninety5 @ Sep 24 2018, 07:54 PM)
Happy mid autumn to all. Most funny forum ever, kind of the team work games by passing message in a group of peoples, 1st message pass down to last person end up the story like crab. Me still young, some of you here might be expert in some others field, I don know. My dad got his life back because of their product, Hospital try their best, cost us 150k, end up ask us to get ready, choose either wait in hospital get every to see him last, or bring my dad home. My brother’s friend with his good heart introduced Atp to us, my dad now after 9months, still here with us, every day we can see his improvements. My mum spend 18k bought a package, bought 5000unit of share. You can choose not to buy their share, but why not when it is offer to us. I follow our friend to attend most of their talk, meeting, it is totally not like what you all blow here. Some times if you want to learn something, you got to dip your feed in then you know what is happening. Wealthy not with just this little amount of share. I’m not sure if any of you good in back ground search for any one, but for sure my uncle know some one who good in doing all this.
But this forum good for you all here to spend times talk negative, bad thing about some others instead of really try to understand them. USA, they not like Malaysia thing can be done underneath the table, they are very strict, why Malaysia so many Big company don choose to list in USA?
Bravo to all of you here, instead of do real search get the right news, don guide or misdirect others if you not sure or not know what you try to teach others. God bless every one.
*
but most people in this forum welcome people that can answers queries posted....
but there are those can just post good things about it but unable to provide more answers when asked.....

any idea why?


Dreamcoffee
post Sep 25 2018, 02:10 AM

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QUOTE(Ninety5 @ Sep 24 2018, 07:54 PM)
Happy mid autumn to all. Most funny forum ever, kind of the team work games by passing message in a group of peoples, 1st message pass down to last person end up the story like crab. Me still young, some of you here might be expert in some others field, I don know. My dad got his life back because of their product, Hospital try their best, cost us 150k, end up ask us to get ready, choose either wait in hospital get every to see him last, or bring my dad home. My brother’s friend with his good heart introduced Atp to us, my dad now after 9months, still here with us, every day we can see his improvements. My mum spend 18k bought a package, bought 5000unit of share. You can choose not to buy their share, but why not when it is offer to us. I follow our friend to attend most of their talk, meeting, it is totally not like what you all blow here. Some times if you want to learn something, you got to dip your feed in then you know what is happening. Wealthy not with just this little amount of share. I’m not sure if any of you good in back ground search for any one, but for sure my uncle know some one who good in doing all this.
But this forum good for you all here to spend times talk negative, bad thing about some others instead of really try to understand them. USA, they not like Malaysia thing can be done underneath the table, they are very strict, why Malaysia so many Big company don choose to list in USA?
Bravo to all of you here, instead of do real search get the right news, don guide or misdirect others if you not sure or not know what you try to teach others. God bless every one.
*
You still not answer people’s question here.
Dreamcoffee
post Sep 25 2018, 02:37 AM

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I knew a consumer with diabetes at first promoted me that she no need medicine to control level of glucose after took the “A” supplements.
However, recently I found she still taking medicine to control her level of glucose but I not sure are she consistently. So worrying ~

Good or not good, it is very depending ~
Like diet plan, someone work someone not work. Then people will talk about change eating pattern la, lifestyle la, exercise la and bla bla bla ~
Health also same right - - - Eventually, the most effective way (also most challenge for people) is change to healthy lifestyle......

Actually I am not resist to MLM or their products. Some people’s ill still require supplements. But nowadays these people with title or background are abuse MLM and looking of legal loophole cleverly.
SUSDezs
post Sep 25 2018, 09:02 AM

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Alert alert.. potato detected! If you wanna get rich selling and buying potatoes please, dipersilakan

If you wanna get rich by actually investing.. please.. just go register an account and invest. You know.. like literally ALL of the banks, and if you hate the banks... like ALL if the listed brokers on Bursa, or like just pump your EPF which generates better than asking you to be a salesman and sell overpriced shiet.

Inb4, you can pump and dump your EPF and at the same time make more money than selling shiet by doing pisang goreng ah mah. That aunty beside our uni has been at it for years - and she makes a neat income just doin that. And we fags keep buying from her - becoz it sedap and makes us fat as promised within the correct price point. itu baru bisnes tau?

This post has been edited by Dezs: Sep 25 2018, 09:06 AM
Ninety5
post Sep 25 2018, 10:43 AM

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Haha, potatoes la, pisang goreng la, welcome la, macam every one here doing so great, every one know the answer. Like what I said, all the talk earlier like rojak, I have all the answers, but I don see there is any reason I should give my answer here. Any one here got event got a unit share from it? So what is the point every so care about this company? It is not of your business event the price is going up or down right? What is your motives? The are some many others money games out there and no one talk about it? MBI, MEI, Moonspace, and so on, you guys keep talking about this A, coz it’s different, it is a potential company, did any one know how much the price last night? I won’t get rich because of this little amount of money,you guys don know me, and I don know you guys. Sit back and stay tune, times will prove what they have move on.
SUSyklooi
post Sep 25 2018, 11:16 AM

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Ninety5

Thanks for joining lyn just to tell us how much info you really knew about the working scheme of the company.....

btw, Agape is not a money game,..why did you link the money games to Agape?

it is more like....

“You can get in a whole lot more trouble in investing with a sound premise than with a false premise,” .
"When you have a sound premise, you may also have a “This can’t go wrong” mentality. And when you add money to that equation, things quickly get out of hand."
"With bad investment scheme, for example, the trouble starts once people begin to buy because they really believe prices would go up...."

thus, what you posted is like they are selling on a sound premise to you and you joined them because of this sound premise......isn't it?

tips...find out more about.....par value, trade ability, pink sheet, differences between a common stock status and a preferred stock status,.....more from posts posted in this thread

hmm.gif come to think of it....is it like,,,,,,?
a ginseng farmer selling his ginseng to investors...
telling the investors to provide him lodging, food, expenses, etc, etc on the premise that the ginseng produce by the farm would be partially theirs.....
thus every time, the investors asked about the ginseng...the farmer would just says..."wait-lah...not ready yet, but you will be rich in time to come...just look at the current price?

do you call this a money games?...no i would not say that this is a money game....but i would call it "a sucker made to wait game"

This post has been edited by yklooi: Sep 25 2018, 10:00 PM
Dreamcoffee
post Sep 25 2018, 01:06 PM

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Ninety5 - people discuss “A” here because of here is the page, wouldn’t you see the title? Then why you share/comment info here. There are other pages to talk about others that you called “money game” co. No one forcing you to give answer if you not happy here.
Actually we are not showing off that we are doing so great, People here open and free to discuss / comment / share.

yklooi - :thumbsup: post
Dreamcoffee
post Sep 26 2018, 10:33 PM

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My relative sent me again, bid price goes up but no one can answer allow to trade or not?
What is so secreted?
It is good to share if help people.
adrianpy
post Sep 27 2018, 10:09 AM

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QUOTE(Dreamcoffee @ Sep 26 2018, 09:33 PM)
My relative sent me again, bid price goes up but no one can answer allow to trade or not?
What is so secreted?
It is good to share if help people.
*
hi.. google it and u will know the answer.. there is no secret abt it..
i think this company is doing great.. atleast it is already in otc..
i invested to a company name acesse which promises ipo and will be listed but in the end it did nothing..
as for this A company, i did not invest anything yet.. i am still observing..

some of u say it is ponzi .. cheat ppl with the shares it offered..
is there any proof??
well if there is,plz share it as Dreamcoffee say " IT IS GOOD TO SHARE IF HELP PEOPLE"
adrianpy
post Sep 27 2018, 10:35 AM

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QUOTE(Ninety5 @ Sep 25 2018, 09:43 AM)
Haha, potatoes la, pisang goreng la, welcome la, macam every one here doing so great, every one know the answer. Like what I said, all the talk earlier like rojak, I have all the answers, but I don see there is any reason I should give my answer here. Any one here got event got a unit share from it? So what is the point every so care about this company? It is not of your business event the price is going up or down right? What is your motives? The are some many others money games out there and no one talk about it? MBI, MEI, Moonspace, and so on, you guys keep talking about this A, coz it’s different, it is a potential company, did any one know how much the price last night? I won’t get rich because of this little amount of money,you guys don know me, and I don know you guys. Sit back and stay tune, times will prove what they have move on.
*
hi.. since u say u got all the answer, why not u share some here.. share some info abt the products also..
the topic here is "AGAPE - HEALTH PRODUCTS, DISCUSS IF ANY GOOD"..
MUM
post Sep 27 2018, 11:43 AM

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QUOTE(adrianpy @ Sep 27 2018, 10:09 AM)
hi.. google it and u will know the answer.. there is no secret abt it..
i think this company is doing great.. atleast it is already in otc..
i invested to a company name acesse which promises ipo and will be listed but in the end it did nothing..
as for this A company, i did not invest anything yet.. i am still observing..

some of u say it is ponzi .. cheat ppl with the shares it offered..
is there any proof??
well if there is,
plz share it as Dreamcoffee say " IT IS GOOD TO SHARE IF HELP PEOPLE"
*
1MNDB started without proof.... biggrin.gif

the queries posted from page 1 & onwards by forummers have their logic too....

who needs to proof, for i am sure that those posted queries would NOT have bought into it...

only those that had bought into it just need to read those posts and find out the answers for themselves without being told to "wait" to get rich.

even money placed in FD would be doubled/tripled if waited long enough too....

yes, "IT IS GOOD TO SHARE IF HELP PEOPLE", BUT; if ONLY those people wanted to be helped.....
Many forummers had posted queries and comments as a mean to share concerns and queries......but, for those that had invested b'cos of good premise wanted to be helped or they simply denounce those queries and concerns as a noise of jealousy of their would be wealth?
i guess it is their money and their way of giving away their money.....

This post has been edited by MUM: Sep 27 2018, 11:50 AM
adrianpy
post Sep 27 2018, 12:09 PM

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[quote=MUM,Sep 27 2018, 10:43 AM]
1MNDB started without proof.... biggrin.gif

the queries posted from page 1 & onwards by forummers have their logic too....

who needs to proof, for i am sure that those posted queries would NOT have bought into it...

only those that had bought into it just need to read those posts and find out the answers for themselves without being told to "wait" to get rich.

even money placed in FD would be doubled/tripled if waited long enough too....


yes.. 1mdb started without any proof of scam.. but now all the evidence and proof of scam is coming out of the ground..
1mdb started 2008.. within 10 years time we can see the wrong doing of this company but this A company is already more than 10 years..
should alreaady hav proof of wrong doing if it is a ponzi shceme company..

we should be discussing abt the product.. whether it is good or not
wat this company wanna do to expand its business is none of urs and mine business
unless u r working for another mlm company and u need to step on other company to sell urs

MUM
post Sep 27 2018, 12:25 PM

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[quote=adrianpy,Sep 27 2018, 12:09 PM]
[quote=MUM,Sep 27 2018, 10:43 AM]
1MNDB started without proof.... biggrin.gif

the queries posted from page 1 & onwards by forummers have their logic too....

who needs to proof, for i am sure that those posted queries would NOT have bought into it...

only those that had bought into it just need to read those posts and find out the answers for themselves without being told to "wait" to get rich.

even money placed in FD would be doubled/tripled if waited long enough too....
yes.. 1mdb started without any proof of scam.. but now all the evidence and proof of scam is coming out of the ground..
1mdb started 2008.. within 10 years time we can see the wrong doing of this company but this A company is already more than 10 years..
should alreaady hav proof of wrong doing if it is a ponzi shceme company..

we should be discussing abt the product.. whether it is good or not
wat this company wanna do to expand its business is none of urs and mine business
unless u r working for another mlm company and u need to step on other company to sell urs

*

[/quote]


if want to know about the product...can just go attend that company's discussion....goto their website to see how those wanted to know about the product can contact their nearest branches...

did i mention that it is a ponzi scheme or a money game?
have you read and understand what had been posted since page 1?

the company may have already in existing for more than 10 years, but when did they start to ask for money to invests for the listing?
is it more than 10 years already?

This post has been edited by MUM: Sep 27 2018, 12:35 PM
adrianpy
post Sep 27 2018, 12:50 PM

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QUOTE(MUM @ Sep 27 2018, 11:25 AM)
if want to know about the product...can just go attend that company's discussion....goto their website to see how those wanted to know about the product can contact their nearest branches...

did i mention that it is a ponzi scheme or a money game?
have you read and understand what had been posted since page 1?

the company may have already in existing for more than 10 years, but when did they start to ask for money to invests for the listing?
is it more than 10 years already?
*
the u should read the title of this forum
u didn't say its a ponzi but u drag in 1mdb when i ask some1 for proof
this means u agree it is a ponzi
if u say to know more abt the product should attend their discussion seminar, then wat is the use of opening this forum at the 1st place.. u should just tell them to join their seminars to know more and not talk cock here
u should understand the title and read back the 1st comment
btw.. did u or ur family buy any of the share? if not, wat u barking here for?? they did not ask for ur money.. on the other hand they also did not ask for my money.. and i dun even hav any shares..
all i am saying is shouldn't we focus on whether their product is good or not rather then talking abt shyt wat this company's share is going to affect u and me..
MUM
post Sep 27 2018, 12:59 PM

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QUOTE(adrianpy @ Sep 27 2018, 12:50 PM)
the u should read the title of this forum
u didn't say its a ponzi but u drag in 1mdb when i ask some1 for proof
this means u agree it is a ponzi
if u say to know more abt the product should attend their discussion seminar, then wat is the use of opening this forum at the 1st place.. u should just tell them to join their seminars to know more and not talk cock here
u should understand the title and read back the 1st comment
btw.. did u or ur family buy any of the share? if not, wat u barking here for?? they did not ask for ur money.. on the other hand they also did not ask for my money.. and i dun even hav any shares..
all i am saying is shouldn't we focus on whether their product is good or not rather then talking abt shyt wat this company's share is going to affect u and me..
*
you asked for proof....i told you an example of 1MDB......where did you get the perception that i agreed that it was a ponzi scheme? do you know that you are making up own conclusion?

the way you posted does not help you company to improve the perception of the readers here.

you talked cock, barking....etc, etc.... is a symptom of a deny mode.....

you denied or avoid to provides answers to queries posted since page 1,......

go back,...get more logical answers than come back here to tell us......if you can. biggrin.gif

This post has been edited by MUM: Sep 27 2018, 01:01 PM
adrianpy
post Sep 27 2018, 01:13 PM

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QUOTE(MUM @ Sep 27 2018, 11:59 AM)
you asked for proof....i told you an example of 1MDB......where did you get the perception that i agreed that it was a ponzi scheme? do you know that you are making up own conclusion?

the way you posted does not help you company to improve the perception of the readers here.

you talked cock, barking....etc, etc.... is a symptom of a deny mode.....

you denied or avoid to provides answers to queries posted since page 1,......

go back,...get more logical answers than come back here to tell us......if you can. biggrin.gif
*
u say i am in denial mode.. how abt u?? aren't u also denying that this product is good.. atleast i am not saying this company or other mlm company like amway, purtier.. etc is cheating ppl with their product and marketing plan..
maybe all ur life u never tried any health supplement b4.. u never know if it is good or not unless u try it..
even if it is not good, u get to pay 1 time only..
asking for proof is not asking for example..
MUM
post Sep 27 2018, 01:33 PM

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QUOTE(adrianpy @ Sep 27 2018, 01:13 PM)
u say i am in denial mode.. how abt u?? aren't u also denying that this product is good.. atleast i am not saying this company or other mlm company like amway, purtier.. etc is cheating ppl with their product and marketing plan..
maybe all ur life u never tried any health supplement b4.. u never know if it is good or not unless u try it..
even if it is not good, u get to pay 1 time only..
asking for proof is not asking for example..
*
this product is good?
try read post 146....

but anyway,...i think many forummers would not believe what was posted in the forums...
bcos,..anyone can be anyone,...anyone can just come in to post good and bad about the products without conscience.
some products endorsement may be true or good and some may be "not true" or bad in real life....but we will not know which is the real Mccoy

so (not directed to you....Adrainpy),....any new forummers, will you try not to join this thread to promote the products? thanks....
one may post " this xxx product is good"...but then later another forummer would just say..."no not true"...thus there would be no end to the doubt.

it is good that you avoided providing answers to other issues but focused on the products.....
may i suggest that you keep lurking in this threads and provides answers that are relevant to the products when and if there are forummers that seeked more info on a certain products....

would i try?.....not now, but i may try it sometime...just cannot definitely say "no"........for i believe, if/when a persons is a at a sick bed with medically confirmed "dying with terminal deceases"...he/she would try most other things.....for now, i think i would do that too.

nice chatting with you....have to go makan.

This post has been edited by MUM: Sep 27 2018, 01:42 PM
Dreamcoffee
post Sep 27 2018, 01:44 PM

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I think I should stop comment actively in this page.

I commented here because people beside me approaching this A to me. But I rejected join and not buy anything with reason of I have my preferred products and lifestyle.

However, I being ridiculed by them with all sort of words, like miss golden chance, wage earner like me is no life no freedom, no socialize, used lousy products, afford invest others but not willing invest theirs and etc.

SUSyklooi
post Sep 27 2018, 01:50 PM

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QUOTE(Dreamcoffee @ Sep 27 2018, 01:44 PM)
I think I should stop comment actively in this page.

I commented here because people beside me approaching this A to me. But I rejected join and not buy anything with reason of I have my preferred products and lifestyle.

However, I being ridiculed by them with all sort of words, like miss golden chance, wage earner like me is no life no freedom, no socialize, used lousy products, afford invest others but not willing invest theirs and etc.
*
They used those words??
Then i guess they are mad for failing to get you signed in.....
Some religions promoters also do that....thou shall never go to heaven....
kockleong
post Sep 27 2018, 04:56 PM

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Time will tell the truth.
No point to debate here.


SUSyklooi
post Sep 27 2018, 05:03 PM

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YES, TIME had always told the truth

"even money placed in FD would be doubled/tripled if waited long enough too...."

thumbup.gif
alexei
post Oct 4 2018, 10:32 AM

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OTC - AATP - bid/ask price - $5.50.

History:
9/19/2018 - 0.95 (Dreamcoffee)
9/21/2018 - 2.20 (Dreamcoffee)
10/4/2018 - 5.50 (alexei)

Arguably, if you invested mid September, and decides to sell your contract now, you have made 5x return in less than 2 weeks.

Some info I looked for and came across for sharing:
Outcomes of Investing in OTC Stocks - https://www.sec.gov/files/White_OutcomesOTCinvesting.pdf
- Result of the study shows mostly negative of OTC stocks. Just read the details yourself and no need to quote here.

OTC Real-Time Level 2 Quote Display Service - https://www.otcmarkets.com/corporate-servic...me-level-2-data
- This one explains how a ticker can provide the real time bid/ask price to OTC.

QUOTE
#Disclosure: I am long AATP.

MUM
post Oct 4 2018, 12:44 PM

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as of 27/9/18 filing and disclosure info to the
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-K
For The Fiscal Year Ended June 30, 2018

Employees
We have no employees as of the date of this prospectus, with the exception of our sole officer and director, Mr. How Kok Choong. Mr. How currently devotes approximately 30 hours per week to the Company’s matters. After receiving funding, Mr. How Kok Choong plans to devote as much time as the Board of Directors determines is necessary for him to manage the affairs of the Company. As our business and operations increase, we plan to hire full time management and administrative support personnel.

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Presently, there is no public market for the common shares. There has been no trading in the Company’s securities, and there has been no bid or ask prices quoted. We cannot assure you that there will be a market for our common stock in the future.

Holders
As of June 30, 2018, we had 376,275,500 shares of our Common Stock par value, $.0001 issued and outstanding. There were 618 beneficial owners of our Common Stock. (see attached image for details of these)

Penny Stock Regulations
The Securities and Exchange Commission has adopted regulations which generally define “penny stock” to be an equity security that has a market price of less than $5.00 per share. Our Common Stock, when and if a trading market develops, may fall within the definition of penny stock and be subject to rules ...............

Net Loss
The net loss for the year was $130,274 for the year ended June 30, 2018 as compared to $75,362 for the year ended June 30, 2017. The net loss mainly due to higher operating expenses incurred on professional fees and equity loss in investee company. Furthermore, the reason for the loss was due to minimal revenue being generated for the year of 2018.

more at....
https://www.otcmarkets.com/filing/html?id=1...M10-K_HTM_A_011
https://www.otcmarkets.com/filing/html?id=1...M10-K_HTM_Z_004

interesting.... hmm.gif
M'sian members happily buy at IPO stock were sold at a price of $1.00 per share while the par value is $0.0001. While Adam, Network 1 and Damon, of whom reside in United States bought a total of 2,000,000 of restricted common stock were sold at a price of $0.0001 per share.

hmm.gif is this what they call..."the price of ignorant?"...like my mother used to call me that after I bought home some Toilet paper from well known Hypermarket .....she would said..."you are a stupid fool, do you know extra price you paid for that ? " doh.gif

btw,..there is a big different between Common Stock from Preferred stock

also, if you were to look into the cashflow statement......how to have cash to buy back the shares even if the price is USD1.10.....? thus sell to whom?
with so many outstanding common stock available, who would buy at USD 1.10 when they can buy for USD 0.0001?
if look at the stock holder's equity data......other than to the member at IPO price of USD 1.0...the highest it sold was USD 0.40

so, buy and keep long long very long long and hopefully (who knows) this will be the next Facebook, Coca Cola or Alibaba.....after all .....it is their money and their way of paying back to the community for what they had taken from it thumbsup.gif

This post has been edited by MUM: Oct 4 2018, 05:12 PM


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Dreamcoffee
post Oct 4 2018, 07:26 PM

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I read those details in earlier also.
But not dare to shared here.
People invested would read the details.
They just thought we are negative and such “stupid” believed in “Google” and “internet”.
I am not a expert and knowledgeable in share market, my only question as mentioned by MUM “thus sell to whom”.
Dreamcoffee
post Oct 4 2018, 07:26 PM

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I read those details in earlier also.
But not dare to shared here.
People invested will not read the details.
They just thought we are negative and such “stupid” believed in “Google” and “internet”.
I am not a expert and knowledgeable in share market, my only question as mentioned by MUM “thus sell to whom”.

This post has been edited by Dreamcoffee: Oct 4 2018, 07:27 PM
alexei
post Oct 5 2018, 01:51 AM

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Well, there are better prospects on OTC, if investors know where to look.
https://seekingalpha.com/article/4183432-tr...ting-otc-market

There is not much info on AATP available online at the moment, and we'll just have to wait and see.
Johnnytan90
post Oct 5 2018, 11:20 PM

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Good analysis and explanation.
My friend always asking me to join and buy the share with offer price.
Said the price will go up to us10. haha!
Luckily I am not trust him.
I am also thinking who want to use the us10 to buy ur share o.
Dreamcoffee
post Oct 6 2018, 01:13 PM

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Take a scenario, if I have the share now.
Wanted to sell it now coz of emergency. How ah?!?! Would I manage to sell as what they said the bid price at USD5.50 now. Haha. Will the person that asked me to buy is interested or help me if I need $ for emergency since they are guaranteed can go to USD10 or 20?!
Possible happen “I help you, you help me”, since “nothing to loss” what ~ hehe 😜 Guaranteed what ?!?!
agape1995
post Oct 7 2018, 02:08 PM

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see got volume whistling.gif $6 now, still got time to join

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T231H
post Oct 7 2018, 02:22 PM

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Maybe Lefthand sell righthand buy...thus got volume and price too....
MUM
post Oct 7 2018, 02:36 PM

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QUOTE(T231H @ Oct 7 2018, 02:22 PM)
Maybe Lefthand sell righthand buy...thus got volume and price too....
*
I am sure it would be more convincing and easier to shut up the non believers for at least 6 mths ( until the publishing of the next financial report in Mar)....if the next forummer were to mentioned..."see, that volume?.i sold at that price back to agape malaysia"

Isn't a valid ponder....why is there a volume now when there are no volume shown when the price moved from 1 to 2 to 5 previously?
Suka suka can display when under pink?

This post has been edited by MUM: Oct 7 2018, 02:53 PM
Dreamcoffee
post Oct 8 2018, 11:46 PM

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A lot of can be manipulate.

kockleong
post Oct 15 2018, 02:55 PM

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Dreamcoffee, mum, and others u can choose not to believe, that is your choice.

By next year, we will know those professional really is a pro or is poor. smile.gif





MUM
post Oct 15 2018, 03:03 PM

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QUOTE(kockleong @ Oct 15 2018, 02:55 PM)
Dreamcoffee, mum, and others u can choose not to believe, that is your choice.

By next year, we will know those professional really is a pro or is poor. smile.gif
*
thumbup.gif you made your choice..... thumbsup.gif

by next year and many years to come......those professional already made money for they are pro in selling and convinced those that had dumped in the money and asked their friends/relatives to join too ....

you made your choice....be it good or bad...you got no choices now......"Nasi sudah menjadi bubur"

This post has been edited by MUM: Oct 15 2018, 03:10 PM
centrica
post Oct 15 2018, 08:54 PM

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QUOTE(shakiraa @ Nov 7 2010, 08:30 PM)
Hey guys, lately there seems to be this new MLM, focusing on  named Agape.

I have a couple of friends keep asking me to join, trying to convince me their strategy is totally different from other MLM.

Anybody heard of this before?

Please share your thought. thanks.

http://www.agapeatp.com/index.php?option=c...ntpage&Itemid=1
*
looks like multivit kinda thing...how different is the strategy then ?
Dreamcoffee
post Oct 15 2018, 11:28 PM

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QUOTE(kockleong @ Oct 15 2018, 02:55 PM)
Dreamcoffee, mum, and others u can choose not to believe, that is your choice.

By next year, we will know those professional really is a pro or is poor. smile.gif
*
it is no consequence ... haha a lot of choices out there.

you made your choice.... wohoooo...
N you are the one who no choice now.
Please continue “workhard” from day til night to “looking” and “convince” your seniors, parents, aunties, uncles, cousins, friends, relatives, ex-colleague, neighbor, sickman, teammate to dump money. Buy and eat more your supplements so that boost the business. Finally become your so called “pro” of investing, entrepreneurs, or “charity” to helping patient.
Dreamcoffee
post Oct 15 2018, 11:41 PM

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QUOTE(centrica @ Oct 15 2018, 08:54 PM)
looks like multivit kinda thing...how different is the strategy then ?
*
Calling those agape pro, people are interested to know the different. Chance for pro to share openly.
Listed company right, can share openly right.
Dreamcoffee
post Oct 15 2018, 11:45 PM

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QUOTE(kockleong @ Oct 15 2018, 02:55 PM)
Dreamcoffee, mum, and others u can choose not to believe, that is your choice.

By next year, we will know those professional really is a pro or is poor. smile.gif
*
One more, continue buy more to level up your recognition, you can travel around the world. Waaaaa ~
alexei
post Oct 16 2018, 11:25 AM

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centrica They emphasize on cell regeneration.

Now AATP is valued at 7x since a month ago.
Maybe can sell now.

https://www.otcmarkets.com/stock/AATP/overview
History:
09/19/2018 - 0.95 (Dreamcoffee)
09/21/2018 - 2.20 (Dreamcoffee)
10/04/2018 - 5.50 (alexei)
10/05/2018 - 6.00
10/15/2018 - 7.00
MUM
post Oct 16 2018, 11:28 AM

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QUOTE(alexei @ Oct 16 2018, 11:25 AM)
centrica They emphasize on cell regeneration.

Now AATP is valued at 7x since a month ago.
Maybe can sell now.

https://www.otcmarkets.com/stock/AATP/overview
History:
09/19/2018 - 0.95 (Dreamcoffee)
09/21/2018 - 2.20 (Dreamcoffee)
10/04/2018 - 5.50 (alexei)
10/05/2018 - 6.00
10/15/2018 - 7.00
*
thumbup.gif
"IF" only they can sell..... biggrin.gif
Dreamcoffee
post Oct 16 2018, 01:03 PM

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They are shareholders with good prospect co. They won’t sell it. They are entrepreneurs la...not money gamer.
It will go to 10 and 20 or may be 30. may be good dividend and return or rewards if able found more people dump in. Positive +++ Hahahahaha. Why they want to sell it.
Listen to their expert, no need to sell.
Ninety5
post Oct 16 2018, 02:01 PM

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Shame on those who don believe their own relatives, friends, but choose to openly ask from a group of peoples here without even knowing their real name. I can say this is only the best place to release all the unbalanced feelings that inside every one. Carry on la, since everyone so free TCSS here.
kockleong
post Oct 16 2018, 03:49 PM

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QUOTE(Ninety5 @ Oct 16 2018, 02:01 PM)
Shame on those who don believe their own relatives, friends, but choose to openly ask from a group of peoples here without even knowing their real name. I can say this is only the best place to release all the unbalanced feelings that inside every one. Carry on la, since everyone so free TCSS here.
*
totally agree with you! rclxms.gif rclxm9.gif
MUM
post Oct 16 2018, 04:10 PM

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QUOTE(kockleong @ Oct 16 2018, 03:49 PM)
totally agree with you!  rclxms.gif  rclxm9.gif
*
rclxms.gif thumbup.gif me too support...
the lesser the promoters try to promotes that things here...the lesser the chances of people being used on sound premise...

wub.gif

btw,...I would believes my dog more than my relatives or friends if I know they had ulterior motive....would they promotes something that is good without getting any commissions out of it? hmm.gif

This post has been edited by MUM: Oct 16 2018, 05:16 PM
Dreamcoffee
post Oct 16 2018, 06:41 PM

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QUOTE(Ninety5 @ Oct 16 2018, 02:01 PM)
Shame on those who don believe their own relatives, friends, but choose to openly ask from a group of peoples here without even knowing their real name. I can say this is only the best place to release all the unbalanced feelings that inside every one. Carry on la, since everyone so free TCSS here.
*
Shame on having friends / relatives with unmentionable motives for owns interest.
Shame on those do not dare to share how different your agape MLM openly but choose to comment at here want to prove this n that.
Of course people ask and comment openly without real name here. This is forum. :-/
Extremely absurd, no one know people will believe posting here or not?!?!? But very sure, someone very mind and concern the posting.

PeriPeri2014
post Oct 16 2018, 07:19 PM

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QUOTE(MUM @ Oct 16 2018, 11:28 AM)
thumbup.gif
"IF" only they can sell..... biggrin.gif
*
Why they not going to sell? If sell now how much can they get??
MUM
post Oct 16 2018, 07:21 PM

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QUOTE(PeriPeri2014 @ Oct 16 2018, 07:19 PM)
Why they not going to sell? If sell now how much can they get??
*
read post 181?

bought at USD1.00, now "Displayed" price is USD7.00.....

when they bought it and at what price?
In between November 25, 2017 and March 31, 2018, the Company sold shares to 298 shareholders, of whom reside in Malaysia.
A total of 2,925,500 shares of IPO stock were sold at a price of $1.00 per share.
The total proceeds to the Company amounted to a total of $2,925,500.

Just a month later, what others bought and at what price?
On April 16, 2018, the Company sold shares to Adam, Network 1 and Damon, of whom reside in United States.
A total of 2,000,000 of restricted common stock were sold at a price of $0.0001 per share.
The total proceeds to the Company amounted to a total of $200.

you asked why they are not going to sell?
i guess it is like what Dreamcoffee posted in post 183,......
or read post 165 for some other "most probable" reasons....



This post has been edited by MUM: Oct 16 2018, 07:32 PM
alexei
post Oct 16 2018, 10:48 PM

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Hmm, maybe you have a point.

This post has been edited by alexei: Oct 17 2018, 10:21 AM
adrianpy
post Oct 17 2018, 05:39 PM

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stupidity at its max.. no matter u r believer or non believer..
for those believer, i think u r from this agape co.. thats why u r selling hard on this product and the shares..
as for the non believer, u might be from another mlm company.. always stepping down other company..

This post has been edited by adrianpy: Oct 17 2018, 05:40 PM
MUM
post Oct 17 2018, 05:45 PM

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QUOTE(adrianpy @ Oct 17 2018, 05:39 PM)
stupidity at its max.. no matter u r believer or non believer..
for those believer, i think u r from this agape co.. thats why u r selling hard on this product and the shares..
as for the non believer, u might be from another mlm company.. always stepping down other company..
*
hmm.gif good question...
what is being stepped down on the opposing company?
the good of their products being promoted or good of the business ownership share purchasing plan promotion?
I think it does not need to be at max stupidity to know the different......if only one takes the time to reads.

This post has been edited by MUM: Oct 17 2018, 05:46 PM
Dreamcoffee
post Oct 17 2018, 05:55 PM

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laugh.gif laugh.gif
Yea, read ~
thumbup.gif
SUSyklooi
post Oct 17 2018, 06:03 PM

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QUOTE(MUM @ Oct 17 2018, 05:45 PM)
hmm.gif good question...
what is being stepped down on the opposing company?
the good of their products being promoted or good of the business ownership share purchasing plan promotion?
I think it does not need to be at max stupidity to know the different......if only one takes the time to reads.
*
thumbsup.gif as this is LYN's Round table Discussion on Finance Business Investment House....business ownership share purchasing plan promotions will be discussed if need arises



agape1995
post Oct 18 2018, 10:38 PM

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nah, here is trade data rclxms.gif

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MUM
post Oct 18 2018, 10:57 PM

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QUOTE(agape1995 @ Oct 18 2018, 10:38 PM)
nah, here is trade data  rclxms.gif

*
you posted the same story just 11 days ago...see the responses previously biggrin.gif

QUOTE(agape1995 @ Oct 7 2018, 02:08 PM)
see got volume  whistling.gif  $6 now, still got time to join

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*
QUOTE(T231H @ Oct 7 2018, 02:22 PM)
Maybe Lefthand sell righthand buy...thus got volume and price too....
*
QUOTE(MUM @ Oct 7 2018, 02:36 PM)
I am sure it would be more convincing and easier to shut up the non believers for at least 6 mths ( until the publishing of the next financial report in Mar)....if the next forummer were to mentioned..."see, that volume?.i sold at that price back to agape malaysia"

Isn't a valid ponder....why is there a volume now when there are no volume shown when the price moved from 1 to 2 to 5 previously?
Suka suka can display when under pink?
*
QUOTE(Dreamcoffee @ Oct 8 2018, 11:46 PM)
A lot of can be manipulate.
*
QUOTE(MUM @ Oct 16 2018, 11:28 AM)
thumbup.gif
"IF" only they can sell..... biggrin.gif
*
This post has been edited by MUM: Oct 18 2018, 11:01 PM
centrica
post Oct 25 2018, 11:56 PM

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QUOTE(Dreamcoffee @ Oct 16 2018, 12:41 AM)
Calling those agape pro, people are interested to know the different. Chance for pro to share openly.
Listed company right, can share openly right.
*
i think so

PeriPeri2014
post Nov 3 2018, 09:46 PM

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Any of you start sell thier share & earn money?
Dreamcoffee
post Nov 6 2018, 09:56 PM

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QUOTE(PeriPeri2014 @ Nov 3 2018, 09:46 PM)
Any of you start sell thier share & earn money?
*
Hehe. They not willing to share one lah.
They are millionaires already~ hahahaha
Cannot overexposure ar~
Have to ask personally or directly, they won’t share in public. Hahahaha.
This is so called “business” and “entrepreneurial”.


PeriPeri2014
post Nov 13 2018, 06:27 PM

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QUOTE(Dreamcoffee @ Nov 6 2018, 09:56 PM)
Hehe. They not willing to share one lah.
They are millionaires already~ hahahaha
Cannot overexposure ar~
Have to ask personally or directly, they won’t share in public. Hahahaha.
This is so called “business” and “entrepreneurial”.
*
If need urgent money how ar?? If someone already sell off & make money pls share with us
Dreamcoffee
post Nov 15 2018, 06:41 PM

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I just saw the people that I know, no respond. I found their lifestyle worse lo, so young to take so much supplements and never stop. Not willing to spend others compare to before join it. Every time said Agape will give will reward them. Still non stop showing off stock price is increase is high. asked so untung tak?!?! Then said time will prove. As usual and never change la, everyday said time will prove.
Still non stop approaching everywhere anyone to invest, say for health la, never have Malaysia company do like that la, how good and kind their CEO la, bla bla bla.
Even traveling also need to wait company to reward, not willing pay own or for family travel.
They are invest whatever to company first. They said will reward will return will get back.
I have question that said going to listed and so high stock price already, why still heard got so called “promo” package to approach ppl.
Dreamcoffee
post Dec 6 2018, 10:33 PM

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Now come out another approaching “mktg strategy”...
Wow, “looking for partners or investors”
Emphasizing new US LISTED CO and number of investors needed.
Haha ~ what is the different with others “MLM” then. hehe previously said very different.
Bravo 👏 !
agape1995
post Jan 20 2019, 01:36 PM

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road to NYC

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MUM
post Jan 20 2019, 01:47 PM

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QUOTE(Dreamcoffee @ Dec 6 2018, 10:33 PM)
Now come out another approaching “mktg strategy”...
Wow, “looking for partners or investors”
Emphasizing new US LISTED CO and number of investors needed.
Haha ~ what is the different with others  “MLM” then. hehe previously said very different.
Bravo 👏 !
*
are you refering to this?
(for you posted 9 days before that event date)

QUOTE(agape1995 @ Jan 20 2019, 01:36 PM)
road to NYC

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*
This post has been edited by MUM: Jan 20 2019, 01:50 PM
maverick2256
post Feb 13 2019, 11:04 PM

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Agape getting more aggressive now, is it going to get listed on NYSE soon?


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Dreamcoffee
post Feb 16 2019, 09:46 AM

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Good question!
In fact, depend each individual how to interpret it, polarity between best and worse for being aggressive!? Being listed co is nothing to wow actually. For some reason, just their marketing strategy to ...... (interpret yourself). There are so many listed co out there.
Honestly, I did not see results after my relatives consumed it. Then some people said lifestyle.
So...... back to the point that discipline and lifestyle is the first when want get healthier, before you “invest” to products.
I saw some members (my relatives) just run rampant for a time. Hmmm. Please go ahead continue invest more... non my business as long as please no critics people’s life if so called you want to helping and sharing to save the “world”? Sounds great undertaking , haha
Everything is with personal interests but please no critics when others are no interested to yours “great” offers.
PeriPeri2014
post Mar 1 2019, 11:22 PM

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Why the "share" they buy until now still can not sell wor? Already 7++, easly earn a lot if sell out
Dreamcoffee
post Mar 6 2019, 10:11 PM

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Postponed and postponed and postponed ~
Why huh?

PeriPeri2014
post Mar 6 2019, 10:51 PM

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QUOTE(Dreamcoffee @ Mar 6 2019, 10:11 PM)
Postponed and postponed and postponed ~
Why huh?
*
Want postponed until when oh? If need money but can not sell the "share" than how ar? Why got such thing?
Dreamcoffee
post Mar 7 2019, 08:09 PM

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They are rich, shareholder le~ they don “wait” for “that” money. All shareholders may be waiting dividend coz they claimed that company doing very good and keep acquire and “buy” a lot of business and others company.
All are shareholders le ~ n told who n who with title / famous invested their business.
No worries, there are hundred over millionaires to be born soon ~ may be end of this year (as they told me the listing date “again”) “eye rolling”, May be postponed because want to “create” more millionaires
PeriPeri2014
post Mar 21 2019, 09:27 PM

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QUOTE(Dreamcoffee @ Mar 7 2019, 08:09 PM)
They are rich, shareholder le~ they don “wait” for “that” money. All shareholders may be waiting dividend coz they claimed that company doing very good and keep acquire and “buy” a lot of business and others company.
All are shareholders le ~ n told who n who with title / famous invested their business.
No worries, there are hundred over millionaires to be born soon ~ may be end of this year (as they told me the listing date “again”) “eye rolling”, May be postponed because want to “create” more  millionaires
*
WoW.... Pro

Dreamcoffee
post May 4 2019, 11:45 PM

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Previously still seeing not that bad of this agape co because emphasis on health products. Thought they are really focus and innovative, which is difference with others MLM.
But after saw and heard their marketing strategy in these few years, eg IPO, using very high “pricing” for faster promotion, launched some products eg mask, diet, beauty which are very similar in MLM market. No difference, all sell with high pricing as usual in MLM.
It proved la , what is they so called very different from MLM? Haha.
Still seeing my relatives keep promoting to request ppl joining with thousands thousand ringgit. Then their intention is ............ ??????
Meet target to travel instead of really promote good products and concern about healthy.
Endless~

This post has been edited by Dreamcoffee: May 4 2019, 11:46 PM
Dreamcoffee
post May 29 2019, 09:15 PM

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How is road to NYC ... hmmm??? What is the share price now??? Can let go and get returns already since so many years?
Most are quite quiet now and aware that they are become businessman/women in Facebook. 😆.
Previously show off that acquired many co and received all kind of awards, launched out of health products (previously some said focus health products only with premium price lo, coz very effective), should be the time get many returns huh? Health products too High price, sales is slow... now with beauty products to boost sales what .....
labtec
post Jun 10 2019, 03:12 PM

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wow, the company worth $3.12 Billions which is a lot actually compare to others, though not much transaction. I'm not experienced in stock market, not really sure what this mean?


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Dreamcoffee
post Jun 20 2019, 06:20 PM

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Market Cap not equal to market value~
askagape
post Aug 11 2019, 01:46 PM

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my friend recently ask me to join Agape before it got listed in NYSE.

I'm really curious about this company that got listed in OTC market and have a lot of questions.

Who is this Dr Kok Choong who graduated from California Newport University? I google but seems like it is providing distance learning online courses. Does this mean the student no need to go US and can study the course from other country?


and also ask me to join their expansive course but i look at their website is like nothing one.
https://drhowacademy.wixsite.com/website?fb...KAlA1AZtx6VTD6k


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askagape
post Aug 11 2019, 01:50 PM

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also mentioned about the company got invest in solar panel company.

So is the solar panel company belong to agape or it is belong to another unrelated company of Dr How?
askagape
post Aug 11 2019, 05:12 PM

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the bloomberg website show that the company only has around USD 2 millions of revenue... how come the company can be worth 3 billions, 1500 times more than revenue?

https://www.bloomberg.com/quote/1533548D:US
askagape
post Aug 12 2019, 05:55 PM

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looks like he has a legit and successful background with these 3 companies from the youtube i watch. The reason they postponed to get listed in NYSE instead of Nasdaq is because already got other Malaysia company got listed in Nasdaq
san hin group
Tang Dynasty group - not sure is it this http://www.hoteltangdynasty.com
THN Technology Systems Sdn Bhd

https://www.youtube.com/watch?v=Oqq4R7vCXxo
https://www.youtube.com/watch?v=DhBZgXCY0QE
https://www.youtube.com/watch?v=oceLdnvrkCo

anyone know how much would a Ruby, Diamond, Platinum Diamond and Royal Diamond earn? I still can't figure out how USD2 millions sales can support so many people.


askagape
post Aug 14 2019, 11:43 PM

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https://www.greenprosynergy.com/blogs/post/...ealth-AGAPE-ATP

from the website and youtube, it mentioned that they planned to get listed in NYSE on June'19. What is causing the delay? the member also abit blur blur cannot give good explanation.


Dreamcoffee
post Aug 14 2019, 11:58 PM

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A lot of strategies and “patterns” huh!
The first thing that I heard health & supplement with high $ packaged then pre-IPO, then launched sort of out of health supplement which is also high $. This co really invest and buy over what, what n what co. But...... so what ?! Which co we really invest?!?! So many subsidiaries.
Now keep posting ppl to join the high pay talk so called course or academy. Haha. So clever to change “marketing” fast to “earn” money~
My relatives recently not promoting products.... as usual, “finished” all network, targeting different market now.
Market cap not equal to market value. Can check for it. Out there a lot of public listed co which is accounting manipulation... full of holes of pre-IPO
I don know how much my relatives earn, most of them are diamond. I just know that they taking all sort of supplementsss like 3 meals in age 20s/30s/40s. So health conscious huh?!
Now their Lifestyle changes to very preoccupied loss and gain because the most gaining is invest to this co. smartly. Others are stupid out there working as wage earner coz not trust them.
But I don see any $ improvement from them in these yearsss... for me, their financial look worse compared to they are wage earner...
Dreamcoffee
post Aug 15 2019, 12:01 AM

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QUOTE(askagape @ Aug 14 2019, 11:43 PM)
https://www.greenprosynergy.com/blogs/post/...ealth-AGAPE-ATP

from the website and youtube, it mentioned that they planned to get listed in NYSE on June'19. What is causing the delay? the member also abit blur blur cannot give good explanation.
*
Delayed years lah from Nasdaq to NYSE... you should ask your friend , why....
Dreamcoffee
post Aug 15 2019, 12:12 AM

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My relatives showing off that they can go U.S. since year 2017.
Dreamcoffee
post Aug 15 2019, 12:15 AM

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Why thier talk and training all in Chinese. Coz target seniors as well. Can see mainly from same village.
askagape
post Aug 18 2019, 12:19 PM

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QUOTE(Dreamcoffee @ Aug 14 2019, 04:58 AM)
A lot of strategies and “patterns” huh!
The first thing that I heard health & supplement with high $ packaged then pre-IPO, then launched sort of out of health supplement which is also high $. This co really invest and buy over what, what n what co. But...... so what ?! Which co we really invest?!?! So many subsidiaries.
Now keep posting ppl to join the high pay talk so called course or academy. Haha. So clever to change “marketing” fast to “earn” money~
My relatives recently not promoting products.... as usual, “finished” all network, targeting different market now.
Market cap not equal to market value. Can check for it. Out there a lot of public listed co which is accounting manipulation... full of holes of pre-IPO
I don know how much my relatives earn, most of them are diamond. I just know that they taking all sort of  supplementsss like 3 meals in age 20s/30s/40s. So health conscious huh?!
Now their Lifestyle changes to very preoccupied loss and gain because the most gaining is invest to this co. smartly. Others are stupid out there working as wage earner coz not trust them.
But I don see any $ improvement from them in these yearsss... for me, their financial look worse compared to they are wage earner...
*
if they ever get listed in NYSE, will it sustain the market cap valuation of $3.12 billions?

Assuming they have PE of 50, the company need to have a profit of $62.4 millions. And if they have 20% of net profit, then their revenue have to be $312.5 millions. This would be around RM1.25 billions of revenue. Impossible for them to achieve for now based on their $2 million revenue reported in OTC, or RM150 millions revenue in year 2018 claim by their CEO How Kok Choong.

based on their Q1'19 statement, the company only has $464,297 of revenue and net profit of $71,216. Pretty low number considering that many of their Royal Diamond member earn more than that.
https://www.otcmarkets.com/filing/conv_pdf?...b1EIUWFqhyuucch



some detail about the CEO How Kok Choong
https://www.marketscreener.com/business-lea...CK-E/biography/



askagape
post Aug 20 2019, 01:05 AM

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really can earn a lot from Agape, seems like they earn millions a year

did amway member on the same level earning that much as well?

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askagape
post Aug 20 2019, 12:20 PM

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if become diamond, can get free shares... no wonder so many want to hit diamond level.

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their profit still little only but the ceo very confident their revenue will shoot up exponentially.

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ChipZ
post Aug 20 2019, 04:48 PM

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They openly declared the income?
Dreamcoffee
post Aug 21 2019, 12:42 AM

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Wow... opportunity, then you can attend the training.
Dreamcoffee
post Aug 21 2019, 12:46 AM

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QUOTE(ChipZ @ Aug 20 2019, 04:48 PM)
They openly declared the income?
*
You mean those investors?
They will said “where got ppl declared income openly? Haha
They claimed that they are low profile ~


askagape
post Aug 22 2019, 11:50 PM

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QUOTE(ChipZ @ Aug 19 2019, 09:48 PM)
They openly declared the income?
*
yes, it is being published.


the instructor say 21% of oxygen in atmosphere is not enough and can increase the chance of getting cancer.... rclxub.gif
https://www.youtube.com/watch?v=811tVoYg1YQ
askagape
post Aug 25 2019, 12:17 PM

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didn't see any video from yesterday training at How Academy. only can find an old one from previous training.
https://www.youtube.com/watch?v=zU1qdScGpNs
askagape
post Aug 31 2019, 11:19 PM

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it looks like if you pay 20k to join then you'll get a free trip

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but sometime you might need to top up abit to extend or for some course

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askagape
post Sep 2 2019, 12:56 PM

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this japan trip seem like not easy to get, maybe only platinum or royal diamond can hit it.
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i thought car will be given, but unfortunately just pay for booking fee... and somehow it has to be BMW or Mercedes, this 2 type of cars must be direct sales dream car
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askagape
post Sep 3 2019, 05:43 PM

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it's abit complicated, not really sure how the commission being calculated...

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Dreamcoffee
post Sep 4 2019, 08:13 PM

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multilevel = complicated .... The loophole of MLM.
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post Sep 4 2019, 08:16 PM

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Why you posted mainly old one. There are hot topics now of this co., they dint invite you? Hehe. They feeling proud of it.
askagape
post Sep 7 2019, 04:34 PM

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QUOTE(Dreamcoffee @ Sep 4 2019, 01:16 AM)
Why you posted mainly old one. There are hot topics now of this co., they dint invite you? Hehe. They feeling proud of it.
*
I didn't join and they don't show me the detail, so have to find out myself but only got old info. I just want to find out whether my friend who is diamond really earn so much or just like the mc ocean thread only can earn that much for one month and cannot maintain it.

still can't figure out how they can earn 100k per month with such marketing plan
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Dreamcoffee
post Sep 9 2019, 12:51 AM

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My relatives also diamond...
Hmm ~
But not even willing to share a thousand plus meal per 10 person when CNY Celebration with family.
Hmm ~
May he/she unhappy to celebrate with us... lol
Dreamcoffee
post Sep 9 2019, 01:13 AM

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I am hopefully it is real if those can earn so much coz my side mainly targeted seniors money. Then all of their children become diamond.
I am sad if the seniors are not getting any. At least I am hopefully they are healthy after taken the products.
The talk they given, I always see same gang attended. I never see my relatives bring any new faces. Photos always show like a lot ppl register but ~ every talk look like same attendee, to show others who din’t know them.
askagape
post Sep 14 2019, 11:19 AM

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QUOTE(Dreamcoffee @ Sep 8 2019, 06:13 AM)
I am hopefully it is real if those can earn so much coz my side mainly targeted seniors money. Then all of their children become diamond.
I am sad if the seniors are not getting any. At least I am hopefully they are healthy after taken the products.
The talk they given, I always see same gang attended. I never see my relatives bring any new faces.  Photos always show like a lot ppl register but ~ every talk look like same attendee, to show others who din’t know them.
*
well, guess we'll know it's true or not in their coming 23 Nov Agape summit. Just abit weird that this time their summit poster didn't mentioned anything about NYSE whistling.gif
Dreamcoffee
post Sep 15 2019, 12:59 AM

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A lot of pattern. This time charity~
Anyway, anytime can donate actually , its no need to wait for concert la. Lol.z
Now my relatives also never keep mentioned on it, last year really aggressively for the NYSE.
They tried to escape topics
askagape
post Sep 26 2019, 09:06 AM

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can get free ticket to the concert, but need to support their career sweat.gif
Dreamcoffee
post Sep 26 2019, 10:25 PM

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lol, later will give away for free. They need to make it “look” full and “look” hot sell.

Actually it stated the artist is guest, how many song she will preform? But they keep mentioned is her concert?!?!?!!
So clever in marketing huh?!
Want to showing off only.
askagape
post Oct 2 2019, 01:16 AM

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what happen to GreenPro Capital company that going to help Agape to get listed on NYSE? stock price drop from $12.05 to $1.04 ohmy.gif

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Wong KL
post Oct 6 2019, 01:33 AM

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QUOTE(askagape @ Sep 14 2019, 11:19 AM)
well, guess we'll know it's true or not in their coming 23 Nov Agape summit. Just abit weird that this time their summit poster didn't mentioned anything about NYSE whistling.gif
*


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Wong KL
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QUOTE(askagape @ Oct 2 2019, 01:16 AM)
what happen to GreenPro Capital company that going to help Agape to get listed on NYSE? stock price drop from $12.05 to $1.04  ohmy.gif

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iamsteven
post Oct 15 2019, 04:24 PM

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Became $1 dollar already as of today. Shake up INC

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askagape
post Oct 15 2019, 05:43 PM

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QUOTE(iamsteven @ Oct 14 2019, 09:24 PM)
Became $1 dollar already as of today. Shake up INC

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OMG what happen? only 100 shares being sold for $1, must be some shareholder not happy with the company... is the ceo going to but 100 shares at $8.30 to push up the share price before the coming important summit/concert?
iamsteven
post Oct 17 2019, 03:03 PM

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QUOTE(askagape @ Oct 15 2019, 05:43 PM)
OMG what happen? only 100 shares being sold for $1, must be some shareholder not happy with the company... is the ceo going to but 100 shares at $8.30 to push up the share price before the coming important summit/concert?
*
No idea, probably to scrab more cash???Don't think it is the market movement that cause the price, should be re-adjustment by them, OTC have less requirement and control on stock listed there anyway.
With this way, stakeholder who sold their shares earlier at $8 can now repurchase the share again to make more $$ rclxm9.gif rclxm9.gif rclxm9.gif And with such low price, they can get more new investors to join in the pirateship thumbup.gif thumbup.gif thumbup.gif
MUM
post Oct 17 2019, 04:24 PM

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QUOTE(iamsteven @ Oct 17 2019, 03:03 PM)
No idea, probably to scrab more cash???Don't think it is the market movement that cause the price, should be re-adjustment by them, OTC have less requirement and control on stock listed there anyway.
With this way, stakeholder who sold their shares earlier at $8 can now repurchase the share again to make more $$ rclxm9.gif  rclxm9.gif  rclxm9.gif And with such low price, they can get more new investors to join in the pirateship  thumbup.gif  thumbup.gif  thumbup.gif
*
doh.gif those that had bought it when at 5, 6, 7 last year would be seeing moneyflies.gif
ranting.gif shocking.gif

Yes, I agree with your comment about "Don't think it is the market movement that cause the price,"....I think it is just a shareholding transfer of 100 units to a new company....

anyway, those that had bought it when 5, 6, 7 or 8 are still holding it for there is no avenue to sell it.....read somewhere in this thread.
agape1995
post Oct 17 2019, 10:41 PM

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good company market value won't drop so easily one cool2.gif

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MUM
post Oct 17 2019, 10:51 PM

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QUOTE(agape1995 @ Oct 17 2019, 10:41 PM)
good company market value won't drop so easily one  cool2.gif

*
thumbsup.gif ya-lor,...with just 100 units or 500 units....
the privileged few can manipulate the price movement with just <100k
Dreamcoffee
post Oct 20 2019, 10:23 AM

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QUOTE(agape1995 @ Oct 17 2019, 10:41 PM)
good company market value won't drop so easily one  cool2.gif

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QUOTE(MUM @ Oct 17 2019, 10:51 PM)
:thumbsup: ya-lor,...with just 100 units or 500 units....
the privileged few can manipulate the price movement with just <100k
*
Being positive is good. any risk is a chance.
agape1995, is “market value” and “stock price” is same ar?
askagape
post Oct 26 2019, 10:51 PM

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QUOTE(askagape @ Oct 1 2019, 06:16 AM)
what happen to GreenPro Capital company that going to help Agape to get listed on NYSE? stock price drop from $12.05 to $1.04  ohmy.gif

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*
GreenPro Capital stock price drop further to $0.75, become 40 Millions Market Cap ... Can someone help to ask in next month summit whether Agape still hire GreenPro Capital to help the company to get listed in NYSE?
Dreamcoffee
post Oct 28 2019, 06:48 PM

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How they dare to talk about their GreenPro......
Dreamcoffee
post Nov 3 2019, 11:42 AM

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Lol... start give out free tickets of the annual dinner... being invited but no interested.
Rather donate directly instead of take this kind of small advantages.
askagape
post Nov 9 2019, 11:52 AM

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the event is from 3pm to 11pm is it? maybe really got the 2 hours concert, really worth to go then
onered84 P
post Nov 9 2019, 01:49 PM

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Recently there is new product launched and company offered some package for the products as well.
It's the beauty product Hyaluronic Acid Serum and Mousse Facial Cleanser.
Along with this, whoever buy the product with package will be entitled for free shares from the company (D'Swiss, another company under Agape ATP Corp., also listed in OTC now).

It's really a good offer. Can join now before the offer ends~
SUSyklooi
post Nov 9 2019, 02:02 PM

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QUOTE(onered84 @ Nov 9 2019, 01:49 PM)
Recently there is new product launched and company offered some package for the products as well.
It's the beauty product Hyaluronic Acid Serum and Mousse Facial Cleanser.
Along with this, whoever buy the product with package will be entitled for free shares from the company (D'Swiss, another company under Agape ATP Corp., also listed in OTC now).

It's really a good offer. Can join now before the offer ends~
*
how much is the total price to pay for this product Hyaluronic Acid Serum and Mousse Facial Cleanser, to be eligible for the free shares from the company (D'Swiss, another company under Agape ATP Corp., also listed in OTC now)?
and
what is the value of this free shares to be given?
when can sell those share?
how to sell those shares?

these are some of the info required to determine whether this is really a good offer or NOT. Can join now before the offer ends or NOT~

This post has been edited by yklooi: Nov 9 2019, 02:16 PM
Dreamcoffee
post Nov 10 2019, 01:51 AM

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What ?!?! “Share” again?!
Wow wow wow , more and more ppl become “shareholder”~
wow all are entrepreneurs
Nowadays “share” strategy so easy to make money huh?!?!?!
No one want to become wage earners.

askagape
post Nov 10 2019, 11:04 AM

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financial report for agape, D'Swiss and greenpro all show money losing business... how the company or shareholders survive?
MUM
post Nov 10 2019, 11:15 AM

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QUOTE(askagape @ Nov 10 2019, 11:04 AM)
financial report for agape, D'Swiss and greenpro all show money losing business... how the company or shareholders survive?
*
hmm.gif as part of their strategy to survive, perhaps example.....asking people to buy their existing products and their new beauty product Hyaluronic Acid Serum and Mousse Facial Cleanser (per post 259), then asking them (members) to pay-join invest-join as a higher status "stakeholder" so that their "income" would be higher so that more money would be generated for the company?
onered84 P
post Nov 11 2019, 12:09 PM

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QUOTE(yklooi @ Nov 9 2019, 02:02 PM)
how much is the total price to pay for this product Hyaluronic Acid Serum and Mousse Facial Cleanser, to be eligible for the free shares from the company (D'Swiss, another company under Agape ATP Corp., also listed in OTC now)?
and
what is the value of this free shares to be given?
when can sell those share?
how to sell those shares?

these are some of the info required to determine whether this is really a good offer or NOT. Can join now before the offer ends or NOT~
*
Buying the HA package of RM9888 (product actual worth RM18k+) - containing 18 sets of HA + 18 set of cleanser, you get 1000 units of D'Swiss free share, but with the condition that you need to keep your member account active for 11 months (excluding the month you join, so is 12-1). From latest news from company, this offer is extended to 31Dec this year. (initially only offer for first 500 sets). Of course, we can say that this is one of the way company do publicity, promote new product, and use this promo to help push the sales and revenue. So that it'll also help in getting better price for AATP next year too.

Current value of this DSwiss share is 2.60USD, you can find it online with stock code DQWS. We expect the share price will further go up during its IPO.
Estimated within 2-3 years time, after DSwiss uplift to Nasdaq, then we can sell the share. It will be > 6 USD then.
Company will open an stock account and transfer the shares to you (currently we're using VStock for AATP shares). I dont have the details for this yet, but for sure company will announce this later.
SUSyklooi
post Nov 11 2019, 12:13 PM

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QUOTE(onered84 @ Nov 11 2019, 12:09 PM)
Buying the HA package of RM9888 (product actual worth RM18k+) - containing 18 sets of HA + 18 set of cleanser, you get 1000 units of D'Swiss free share, but with the condition that you need to keep your member account active for 11 months (excluding the month you join, so is 12-1). From latest news from company, this offer is extended to 31Dec this year. (initially only offer for first 500 sets). Of course, we can say that this is one of the way company do publicity, promote new product, and use this promo to help push the sales and revenue. So that it'll also help in getting better price for AATP next year too.

Current value of this DSwiss share is 2.60USD, you can find it online with stock code DQWS. We expect the share price will further go up during its IPO.
Estimated within 2-3 years time, after DSwiss uplift to Nasdaq, then we can sell the share. It will be > 6 USD then.
Company will open an stock account and transfer the shares to you (currently we're using VStock for AATP shares).
I dont have the details for this yet, but for sure company will announce this later.
*
thanks for responding...

will the same thing happens to the AATP shares that the investors had held since inception and paid RM40k for them?
heard that those shares had not been sold by members.....is that true and why?
are they not tradeable as resell to the general public?

This post has been edited by yklooi: Nov 11 2019, 12:18 PM
MUM
post Nov 11 2019, 12:23 PM

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QUOTE(MUM @ Nov 10 2019, 11:15 AM)
hmm.gif as part of their strategy to survive, perhaps example.....asking people to buy their existing products and their new beauty product Hyaluronic Acid Serum and Mousse Facial Cleanser (per post 259), then asking them (members) to pay-join invest-join as a higher status "stakeholder" so that their "income" would be higher so that more money would be generated for the company?
*
see, I told you so, I told you so.... brows.gif brows.gif

QUOTE(,Nov 11 2019, 12:09 PM)
.......
From latest news from company, this offer is extended to 31Dec this year. (initially only offer for first 500 sets). Of course, we can say that this is one of the way company do publicity, promote new product, and use this promo to help push the sales and revenue. So that it'll also help in getting better price for AATP next year too.
..........
*
onered84 P
post Nov 11 2019, 12:27 PM

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QUOTE(askagape @ Nov 10 2019, 11:04 AM)
financial report for agape, D'Swiss and greenpro all show money losing business... how the company or shareholders survive?
*
From where do you see the financial reports which shows losing money ya? Can share?
I'd like to know more too smile.gif

I only know we can search in SEC site. That should be the official and trustable site we can refer to.
https://www.sec.gov/cgi-bin/browse-edgar?ac...0&hidefilings=0

T231H
post Nov 11 2019, 12:41 PM

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in normal accounting practice....the value in brackets denotes what?

https://www.sec.gov/Archives/edgar/data/171...m10-k.htm#a_027

not used to read financial reports,......is that just a part of it or there are more details parts to shows actual profits or more losses????


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onered84 P
post Nov 11 2019, 12:43 PM

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QUOTE(yklooi @ Nov 11 2019, 12:13 PM)
thanks for responding...

will the same thing happens to the AATP shares that the investors had held since inception and paid RM40k for them?
heard that those shares had not been sold by members.....is that true and why?
are they not tradeable as resell to the general public?
*
For AATP shares, (why say RM40k? hm..I'd say the amount is depends on how much the person bought, and at what price he/she bought in though smile.gif )

Actually, if someone is willing to buy from you, you and the buyer can trade, offline..that's what i understand about trading of shares in OTC. Because it's not like Nasdaq or NYSE that we can trade the share/stock in the open market. For shares in OTC, for example AATP current price 6.50, if someone offer to buy at 7.00 and you're willing to sell, you both can trade. He pays you the $ and you transfer the units to the buyer.

We'll only can buy/sell with general public when the share uplift to NYSE next year. It's not that they're not trade-able, it's that we (or most of ppl now( wanted to sell it at higher price later when it gets to NYSE~

I'd say AATP for sure we'll be able to trade it next year, for sure faster/earlier than DQWS (as D'Swiss is the next one in plan, it will take another 2- 3 years for the whole uplifting process to Nasdaq)
My opinion, investing in shares takes time, its' long term investment. 2-3 years is considered reasonable and very worth already, considering on its % ROI.

Not sure this answered your question...anyway, I'm just sharing what i know, my opinion smile.gif Open for discussion~
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post Nov 11 2019, 01:08 PM

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QUOTE(onered84 @ Nov 11 2019, 12:43 PM)
For AATP shares, (why say RM40k? hm..I'd say the amount is depends on how much the person bought, and at what price he/she bought in though smile.gif )

Actually, if someone is willing to buy from you, you and the buyer can trade, offline..that's what i understand about trading of shares in OTC. Because it's not like Nasdaq or NYSE that we can trade the share/stock in the open market. For shares in OTC, for example AATP current price 6.50, if someone offer to buy at 7.00 and you're willing to sell, you both can trade. He pays you the $ and you transfer the units to the buyer.

We'll only can buy/sell with general public when the share uplift to NYSE next year. It's not that they're not trade-able, it's that we (or most of ppl now( wanted to sell it at higher price later when it gets to NYSE~

I'd say AATP for sure we'll be able to trade it next year, for sure faster/earlier than DQWS (as D'Swiss is the next one in plan, it will take another 2- 3 years for the whole uplifting process to Nasdaq)
My opinion, investing in shares takes time, its' long term investment. 2-3 years is considered reasonable and very worth already, considering on its % ROI.

Not sure this answered your question...anyway, I'm just sharing what i know, my opinion smile.gif Open for discussion~
*
why say 40k? well I think that was the initial joining amount as previously posted by other forummers
QUOTE( 2017 @ 10:18 PM)
I think they use this as "black & white" to ask ppl use 20k to join as member & use anorther usd 5k to buy thier OTC...... Total need invest rm40k
*
on this "Actually, if someone is willing to buy from you, you and the buyer can trade, offline..that's what i understand about trading of shares in OTC."
judging from past postings read ups,...seems like those that buy off line are ALOT much cheaper (see image)
QUOTE( 12:44 PM)
as of 27/9/18 filing and disclosure info to the
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 10-K
For The Fiscal Year Ended June 30, 2018
................

interesting....  hmm.gif
M'sian members happily buy at IPO stock were sold at a price of $1.00 per share while the par value is $0.0001. While Adam, Network 1 and Damon, of whom reside in United States bought a total of 2,000,000 of restricted common stock were sold at a price of $0.0001 per share.

hmm.gif is this what they call..."the price of ignorant?"...like my mother used to call me that after I bought home some Toilet paper from well known Hypermarket .....she would said..."you are a stupid fool, do you know extra price you paid for that ? "  :x
......
*
thumbup.gif thanks for sharing what you know on this.....
"We'll only can buy/sell with general public when the share uplift to NYSE next year. It's not that they're not trade-able, it's that we (or most of ppl now( wanted to sell it at higher price later when it gets to NYSE~
I'd say AATP for sure we'll be able to trade it next year, ..."

thanks for the confirmation that we cannot sell UNLESS.......(even this UNLESS is not guaranteed it will and can happens too (selling of shares))

This post has been edited by yklooi: Nov 11 2019, 01:12 PM


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MUM
post Nov 11 2019, 02:03 PM

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QUOTE(T231H @ Nov 11 2019, 12:41 PM)
in normal accounting practice....the value in brackets denotes what?

https://www.sec.gov/Archives/edgar/data/171...m10-k.htm#a_027

not used to read financial reports,......is that just a part of it or there are more details parts to shows actual profits or more losses????
*
value in brackets or in RED color usually implies Negative value or losses
it shows AATP had been in RED....

looking at the info from your attached image....
judging on the Sales value, revenue and profit/losses value and etc, etc....
thus,
wondering when can get listed in the NYSE..... confused.gif
as from this site....
"In order to order to get listed on the NYSE, a company also must be profitable and it has to meet one of two basic earnings standards.
The first is aggregate pre-tax income of $10 million for the previous three years, with at least $2 million in each of the two most recent years.
An alternate is $200 million in global market capitalization. In each case, the company still has to meet the shareholding threshold."
https://finance.zacks.com/companies-listed-...hange-7015.html

doh.gif doh.gif


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post Nov 11 2019, 02:09 PM

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QUOTE(MUM @ Nov 11 2019, 02:03 PM)
value in brackets or in RED color usually implies Negative value or losses
it shows AATP had been in RED....

looking at the info from your attached image....
judging on the Sales value, revenue and profit/losses value and etc, etc....
thus,
wondering when can get listed in the NYSE..... confused.gif
as from this site....
"In order to order to get listed on the NYSE, a company also must be profitable and it has to meet one of two basic earnings standards.
The first is aggregate pre-tax income of $10 million for the previous three years, with at least $2 million in each of the two most recent years.
An alternate is $200 million in global market capitalization. In each case, the company still has to meet the shareholding threshold."
https://finance.zacks.com/companies-listed-...hange-7015.html

doh.gif  doh.gif
*
thumbup.gif
even our local Bursa also has similar requirements about profits value too....
"To get listing in the Main Market, your company must provide a profit figure and uninterrupted profit after tax or PAT of 3 to 5 full financial years with an aggregate of a minimum of RM20 million and a minimum of RM6 million PAT in the latest full financial year."
https://www.fortune.my/listing-requirements...sa-malaysia.htm
askagape
post Nov 11 2019, 10:48 PM

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QUOTE(onered84 @ Nov 10 2019, 05:27 PM)
From where do you see the financial reports which shows losing money ya? Can share?
I'd like to know more too smile.gif

I only know we can search in SEC site. That should be the official and trustable site we can refer to.
https://www.sec.gov/cgi-bin/browse-edgar?ac...0&hidefilings=0
*
i got it from the same website you gave. And how come the revenue just around USD1.5 millions instead of the RM150 millions that the CEO mentioned in last year summit? is this the same company the CEO referring to?


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askagape
post Nov 23 2019, 08:52 PM

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what time G.E.M will come out for performance??? doh.gif
askagape
post Nov 24 2019, 11:00 PM

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surprisingly not too many people complaint about the concert, only some complaint. Do we got the final date fix for listing on NYSE?

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onered84 P
post Nov 26 2019, 12:00 AM

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Not yet fix, but for sure will announce next year once company submit for approval.

DSwiss (DQWS) is another potential and good stock, dont miss the chance to grab some of its share now~
T231H
post Nov 26 2019, 12:13 AM

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QUOTE(askagape @ Nov 24 2019, 11:00 PM)
surprisingly not too many people complaint about the concert, only some complaint. Do we got the final date fix for listing on NYSE?

*
Currently it is still in red n the revenue is too far off from the minimum requirement... Read post 271...
Has to be profiable
Has aggregate pre tax income of 10 million for the past 3 year
Etc etc....

Actual is still losing money
Revenue 1.5 million only

You think next year can get listing approval meh?

This post has been edited by T231H: Nov 26 2019, 12:16 AM
tch23
post Nov 27 2019, 12:43 PM

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someone here please tell me how the sell this agape stock? A relative intro this to my wife... been asking him to sell at least 50% of the share and now he went silent
Dreamcoffee
post Nov 27 2019, 01:43 PM

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QUOTE(tch23 @ Nov 27 2019, 12:43 PM)
someone here please tell me how the sell this agape stock? A relative intro this to my wife... been asking him to sell at least 50% of the share and now he went silent
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Onered84 mentioned, “if someone willing to buy”

Dreamcoffee
post Nov 27 2019, 01:44 PM

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Wow, the marketing divert attention again

onered84 P
post Nov 29 2019, 08:05 PM

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QUOTE(tch23 @ Nov 27 2019, 12:43 PM)
someone here please tell me how the sell this agape stock? A relative intro this to my wife... been asking him to sell at least 50% of the share and now he went silent
*
If the stock already transferred to the owner (in V-Stock Transfer acc), then I think he/she can try to set to sell it, but provided he/she has a US stock account. (I'm not sure whether we can sell the share from V-stock).
But anyway, just hold on for few more months, AATP will get to NYSE soon. We'll see the results very soon.

Just that..i dont quite get it when you say your relative intro this to your wife, and then...who asked who to sell 50% of the share? and why? Just curious anyway~
Dreamcoffee
post Dec 8 2019, 01:08 AM

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The very soon, I think, since ...... 201X......

Recently, my relative go back to workplace after fool around few years in the “A”

Hopefully your mentioned “see the result very soon” is soon, so that they can at least get something......

This post has been edited by Dreamcoffee: Dec 8 2019, 01:11 AM
agape1995
post Dec 15 2019, 02:12 PM

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here is the video if you missed the summit cool2.gif

https://www.youtube.com/watch?v=b7yVJJJyvkk


This post has been edited by agape1995: Dec 15 2019, 02:14 PM
askagape
post Jan 5 2020, 05:20 PM

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QUOTE(onered84 @ Nov 29 2019, 01:05 AM)
If the stock already transferred to the owner (in V-Stock Transfer acc), then I think he/she can try to set to sell it, but provided he/she has a US stock account. (I'm not sure whether we can sell the share from V-stock).
But anyway, just hold on for few more months, AATP will get to NYSE soon. We'll see the results very soon.

Just that..i dont quite get it when you say your relative intro this to your wife, and then...who asked who to sell 50% of the share? and why? Just curious anyway~
*
QUOTE(agape1995 @ Dec 14 2019, 07:12 PM)
here is the video if you missed the summit  cool2.gif

https://www.youtube.com/watch?v=b7yVJJJyvkk
*
new year any new hope for NYSE date?
Dreamcoffee
post Jan 7 2020, 10:26 PM

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No longer dare to high profile about this topic... but still put the Statute of Liberty for giving hope. rolleyes.gif
I can see my relatives low profile compare to last few years... because of ?!?! rolleyes.gif
askagape
post Feb 16 2020, 11:27 PM

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Jeff Chin also joined Agape already? Interesting cool2.gif

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last year not much people getting oversea trips or promoted to diamond, not sure this Jeff can help get more people to join to overturn the situation or not bruce.gif
Dreamcoffee
post Feb 17 2020, 02:13 AM

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QUOTE(askagape @ Feb 16 2020, 11:27 PM)
Jeff Chin also joined Agape already? Interesting cool2.gif 

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last year not much people getting oversea trips or promoted to diamond, not sure this Jeff can help get more people to join to overturn the situation or not  bruce.gif
*
Yea, last year my relatives are very low profile.
Few already go back to workplace, and invest another MLM.
I heard that they get ready and wanna to sell their IPO.
But not sure how?! Coz I just heard accidentally when she/he chat to another softly.
mckoh
post Feb 20 2020, 03:55 PM

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Hi. Did anyone invested in DSwiss shares? i invested in DSwiss since 2016 and till now its still in OTC. They promised back then got lock in period of 2 years which was over last year. Till now i unable to sell it at OTC and just waiting for the company to uplift to Nasdaq
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QUOTE(mckoh @ Feb 20 2020, 03:55 PM)
Hi. Did anyone invested in DSwiss shares? i invested in DSwiss since 2016 and till now its still in OTC. They promised back then got lock in period of 2 years which was over last year. Till now i unable to sell it at OTC and just waiting for the company to uplift to Nasdaq
*
last year the promises is already over?? doh.gif sweat.gif sweat.gif

this forummer as per post 264 page 14 mentioned in Nov 2019...2~3 yrs time (which would imply 2021/2)

QUOTE(.... @ Nov 11 2019, 12:09 PM)
.........
Current value of this DSwiss share is 2.60USD, you can find it online with stock code DQWS. We expect the share price will further go up during its IPO.
Estimated within 2-3 years time, after DSwiss uplift to Nasdaq, then we can sell the share. It will be > 6 USD then.

Company will open an stock account and transfer the shares to you (currently we're using VStock for AATP shares). I dont have the details for this yet, but for sure company will announce this later.
*
mckoh
post Feb 21 2020, 01:55 PM

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QUOTE(.... @ Nov 11 2019, 12:09 PM)
.........
Current value of this DSwiss share is 2.60USD, you can find it online with stock code DQWS. We expect the share price will further go up during its IPO.
Estimated within 2-3 years time, after DSwiss uplift to Nasdaq, then we can sell the share. It will be > 6 USD then.

Company will open an stock account and transfer the shares to you (currently we're using VStock for AATP shares). I dont have the details for this yet, but for sure company will announce this later.

I already have the stock account and the shares has been transferred to me as well. its also unrestricted and that i could sell it in OTC or free trade. Anyone willing to buy the DSwiss shares from me? i dont mind to sell at a cheaper price. Currently its at USD3.00.
askagape
post Feb 22 2020, 11:07 AM

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QUOTE(mckoh @ Feb 20 2020, 06:55 PM)
QUOTE(.... @ Nov 11 2019, 12:09 PM)
.........
Current value of this DSwiss share is 2.60USD, you can find it online with stock code DQWS. We expect the share price will further go up during its IPO.
Estimated within 2-3 years time, after DSwiss uplift to Nasdaq, then we can sell the share. It will be > 6 USD then.

Company will open an stock account and transfer the shares to you (currently we're using VStock for AATP shares). I dont have the details for this yet, but for sure company will announce this later.

I already have the stock account and the shares has been transferred to me as well. its also unrestricted and that i could sell it in OTC or free trade. Anyone willing to buy the DSwiss shares from me? i dont mind to sell at a cheaper price. Currently its at USD3.00.
*
sorry to hear that, but i think you can place limit or market order with your broker and it should work when there are people want to buy it.
https://www.benzinga.com/money/how-to-buy-otc-stocks/
https://www.investopedia.com/ask/answers/bu...-counter-stock/

there is transaction happen from time to time on DQWS stock, maybe your order will pass through after some time
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QUOTE(askagape @ Feb 22 2020, 11:07 AM)
sorry to hear that, but i think you can place limit or market order with your broker and it should work when there are people want to buy it.
https://www.benzinga.com/money/how-to-buy-otc-stocks/
https://www.investopedia.com/ask/answers/bu...-counter-stock/

there is transaction happen from time to time on DQWS stock, maybe your order will pass through after some time
*
thumbsup.gif thumbup.gif notworthy.gif
thanks for sharing and helping out thumbup.gif

i liked your frank post in blue...it is true, but just seldom people mentioned it or expected to hear it or realised that that could happens....

mckoh, hope your wish can be fulfilled in the justified time frame....do keep us informed if/when you do.

This post has been edited by yklooi: Feb 22 2020, 12:13 PM
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post Feb 24 2020, 10:38 AM

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QUOTE(askagape @ Feb 22 2020, 11:07 AM)
sorry to hear that, but i think you can place limit or market order with your broker and it should work when there are people want to buy it.
https://www.benzinga.com/money/how-to-buy-otc-stocks/
https://www.investopedia.com/ask/answers/bu...-counter-stock/

there is transaction happen from time to time on DQWS stock, maybe your order will pass through after some time
Attached Image
*
The big problem is we can only do the trading on OTC markets. i have checked with so many brokers and not one broker is able to accept the Dswiss shares to help trade it. Anyone has any recommendations of brokers? I also called DSwiss and have personally met Mr Vincent(CEO of DSwiss) on how to solve this issue. He only mentioned we can only do free trade or private sales tradings. btw, those tradings that was done on the charts are actually insiders trading. Meaning investors like us wanted to sell their shares and they look for other buyers by themselves. First and foremost, u must make share that your DSwiss shares is not restricted. if its restricted, u need to check with DSwiss company and ask them to un-restrict the shares. u need to pay V Stocks a fees to do this procedure.
Dreamcoffee
post Mar 4 2020, 01:21 AM

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Looking for the person who approached you to invest... Since so “valuable”, he/she couldn’t help meh?! Or don wan to buy more meh?! What they said when approaching ppl?!
askagape
post Apr 10 2020, 02:51 PM

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QUOTE(mckoh @ Feb 23 2020, 03:38 PM)
The big problem is we can only do the trading on OTC markets. i have checked with so many brokers and not one broker is able to accept the Dswiss shares to help trade it. Anyone has any recommendations of brokers? I also called DSwiss and have personally met Mr Vincent(CEO of DSwiss) on how to solve this issue. He only mentioned we can only do free trade or private sales tradings. btw, those tradings that was done on the charts are actually insiders trading. Meaning investors like us wanted to sell their shares and they look for other buyers by themselves. First and foremost, u must make share that your DSwiss shares is not restricted. if its restricted, u need to check with DSwiss company and ask them to un-restrict the shares. u need to pay V Stocks a fees to do this procedure.
*
The CEO just say the NYSE plan will definitely happen, so hope it is true and you can sell your share soon. But now I think no one promoting Agape now, my friends has switch the focus on DSwiss.

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askagape
post Apr 15 2020, 12:51 PM

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the company is bleeding cash

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post Apr 23 2020, 10:18 PM

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for those that have questions, remember to tune in this Saturday at 3pm. don't miss it thumbsup.gif

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post Apr 25 2020, 12:07 PM

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three more hours to go until the live!

https://www.facebook.com/ttlivemall/
askagape
post Apr 25 2020, 03:45 PM

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it's a huge success!! thumbup.gif




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askagape
post Apr 25 2020, 04:33 PM

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finally can get listed on NYSE around February next year rclxm9.gif

check it the latest update at starting at 54:30
https://www.facebook.com/ttlivemall/videos/283099672697429
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post Apr 25 2020, 04:50 PM

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QUOTE(askagape @ Aug 14 2019, 11:43 PM)
https://www.greenprosynergy.com/blogs/post/...ealth-AGAPE-ATP

from the website and youtube, it mentioned that they planned to get listed in NYSE on June'19. What is causing the delay? the member also abit blur blur cannot give good explanation.
*
QUOTE(askagape @ Apr 25 2020, 04:33 PM)
finally can get listed on NYSE around February next year  rclxm9.gif

check it the latest update at starting at 54:30
https://www.facebook.com/ttlivemall/videos/283099672697429
*
thanks for the NYSE progress status...
changed from June 2019 to Feb 2021
will there be any more changes then?...... hmm.gif

This post has been edited by yklooi: Apr 25 2020, 04:50 PM
askagape
post Apr 26 2020, 01:05 PM

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saw this ad from Instagram, really getting aggressive now bruce.gif

maybe will give the same 3 phone numbers for other to call to get consultation from him team or ask people to work together with his company using his online business platform to promote their business like yesterday.

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askagape
post Apr 26 2020, 09:37 PM

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register for the Tuesday 3pm Zoom meeting with CEO here

https://masteryasia.lpages.co/%E7%96%AB%E6%...99%E5%85%89-FB/
askagape
post Apr 27 2020, 01:40 PM

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saw the ad in fb also tongue.gif

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post May 2 2020, 10:52 PM

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QUOTE(yklooi @ Apr 24 2020, 09:50 PM)
thanks for the NYSE progress status...
changed from June 2019 to Feb 2021
will there be any more changes then?...... hmm.gif
*
Just noticed they post meeting in their facebook. CEO got give assurance that his style is always won't not give up so easily one and say getting company listed in US stock market is not easy one, say it got delayed one year because during the trade war, US treat all Chinese companies as company from China and give them abit troubles.

But I'm getting more confused now, the CEO say now they have submitted application to both NYSE and Nasdaq. Why want to submitted to NYSE and Nasdaq, is the application free of charge one? confused.gif

can watch here
https://www.facebook.com/QuestSHconsultancy...88548437989506/


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post May 3 2020, 12:24 AM

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QUOTE(askagape @ May 2 2020, 10:52 PM)
Just noticed they post meeting in their facebook. CEO got give assurance that his style is always won't not give up so easily one and say getting company listed in US stock market is not easy one, say it got delayed one year because during the trade war, US treat all Chinese companies as company from China and give them abit troubles.

But I'm getting more confused now, the CEO say now they have submitted application to both NYSE and Nasdaq. Why want to submitted to NYSE and Nasdaq, is the application free of charge one?  confused.gif

can watch here
https://www.facebook.com/QuestSHconsultancy...88548437989506/
*
read post 277, page 14...for some "concern/reality" for listing in NYSE....
with that, you think it can happens as per mentioned timeline?
askagape
post May 3 2020, 04:25 AM

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QUOTE(yklooi @ May 2 2020, 05:24 AM)
read post 277, page 14...for some "concern/reality" for listing in NYSE....
with that, you think it can happens as per mentioned timeline?
*
It's not easy but not really that hard.
There are several financial requirement standard choices that are given, and you just need to choose one of them and work hard to achieve it.
That's why a lot of losing money tech start up like snapchat still can get listed on NYSE.
So Agape actually got chance to get listed on NYSE, but the decision to apply for both NYSE and Nasdaq is so confusing, not sure what is the motive behind, like really super duper desperate and just simply tembak only.

you can look at the listing requirement from NYSE and Nasdaq directly from their website
https://listingcenter.nasdaq.com/assets/initialguide.pdf
https://www.nyse.com/publicdocs/nyse/listin...rds_Summary.pdf





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post May 3 2020, 03:05 PM

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QUOTE(askagape @ May 3 2020, 04:25 AM)
It's not easy but not really that hard.
There are several financial requirement standard choices that are given, and you just need to choose one of them and work hard to achieve it.
That's why a lot of losing money tech start up like snapchat still can get listed on NYSE.
So Agape actually got chance to get listed on NYSE, but the decision to apply for both NYSE and Nasdaq is so confusing, not sure what is the motive behind, like really super duper desperate and just simply tembak only.

you can look at the listing requirement from NYSE and Nasdaq directly from their website
https://listingcenter.nasdaq.com/assets/initialguide.pdf
https://www.nyse.com/publicdocs/nyse/listin...rds_Summary.pdf
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looking at the financial requirement required for listing....as per the above pdf file, and looking at the financial reports as per below.... thumbsup.gif "GOOD" that its CEO is giving investors some hope for the next 2 years, for without hope, they have nothing else to look for.

“You can get in a whole lot more trouble in investing with a sound premise than with a false premise,” --- Warren Buffet

talking and comparing with Snapchat....jfi,...Snap IPO in 2017, raised $3.4 billion and gave it a market valuation of $23.8 billion. That made Snap the largest U.S.-listed IPO among tech companies since Facebook.

QUOTE(askagape @ Nov 11 2019, 10:48 PM)
i got it from the same website you gave. And how come the revenue just around USD1.5 millions instead of the RM150 millions that the CEO mentioned in last year summit? is this the same company the CEO referring to?
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This post has been edited by yklooi: May 3 2020, 03:13 PM


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askagape
post May 3 2020, 09:53 PM

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QUOTE(yklooi @ May 2 2020, 08:05 PM)
looking at the financial requirement required for listing....as per the above pdf file, and looking at the financial reports as per below.... thumbsup.gif "GOOD" that its CEO is giving investors some hope for the next 2 years, for without hope, they have nothing else to look for.

“You can get in a whole lot more trouble in investing with a sound premise than with a false premise,” --- Warren Buffet

talking and comparing with Snapchat....jfi,...Snap IPO in 2017, raised $3.4 billion and gave it a market valuation of $23.8 billion. That made Snap the largest U.S.-listed IPO among tech companies since Facebook.
*
Agape company now worth $2.82 billion on OTC, not that bad either tongue.gif and their CEO say he got weekly meeting with the US company who is helping with the application process, so maybe extremely busy with accounting activities...


What happen to greenpro capital? Why suddenly no more helping Agape with NYSE listing? stock price took the hit after losing a big customer...

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SUSyklooi
post May 3 2020, 10:05 PM

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QUOTE(askagape @ May 3 2020, 09:53 PM)
Agape company now worth $2.82 billion on OTC, not that bad either tongue.gif and their CEO say he got weekly meeting with the US company who is helping with the application process, so maybe extremely busy with accounting activities...
What happen to greenpro capital? Why suddenly no more helping Agape with NYSE listing? stock price took the hit after losing a big customer...

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while Panasonic Malaysia’s current market capitalisation is RM2.05 billion!
per
https://valueinvestasia.com/how-you-could-h...alaysia-berhad/

any link as to that 2.8billion worth?
is it in RM or USD?
askagape
post May 4 2020, 10:09 AM

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QUOTE(yklooi @ May 3 2020, 03:05 AM)
while Panasonic Malaysia’s current market capitalisation is RM2.05 billion!
per
https://valueinvestasia.com/how-you-could-h...alaysia-berhad/

any link as to that 2.8billion worth?
is it in RM or USD?
*

it's in USD, start to have some emcee to call the CEO billionaire mah https://www.bloomberg.com/quote/AATP:US

I just realized the CEO is the executive chairman of Quest S & H Consulting. REally ambitious, no wonder recently always have live show and spend money on fb and ig ads to get people to watch his live, and give out phone number for people to contact his team. I think soon Malaysia will have a lot of companies get listed in US and a lot more millionaire and billionaire will be born.

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This Group was borne out of request from attendees of the Webinar organised by Quest S & H Consulting, featuring Dato' Sri Dr How Kok Choong and KC See. Our objectives is to create a community of like-minded business owners.

---------------------------------------
Quest S & H Consulting is primarily involved in the provision of Corporate Consultancy services

“Making Good Businesses Great Globally”

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MUM
post May 4 2020, 10:15 AM

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QUOTE(yklooi @ May 3 2020, 10:05 PM)
while Panasonic Malaysia’s current market capitalisation is RM2.05 billion!
per
https://valueinvestasia.com/how-you-could-h...alaysia-berhad/

any link as to that 2.8billion worth?
is it in RM or USD?
*
just look at the asset value figures as per image.....
hmm.gif the goodwill and profit projection MUST be very damning thumbsup.gif thumbsup.gif to be valued from USD4 million to USD 2.8billions....
still awaiting for the confirmation of this USD 2.8 billions figures.

image are from link as per below...

QUOTE(askagape @ May 4 2020, 10:09 AM)
it's in USD, start to have some emcee to call the CEO billionaire mah https://www.bloomberg.com/quote/AATP:US
...............
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This post has been edited by MUM: May 4 2020, 10:19 AM


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MUM
post May 4 2020, 10:28 AM

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hmm.gif judging from the recent latest postings,.....I think what you had posted 2 yrs ago about sound premise and the Ginseng scheme is more apparent now

QUOTE(yklooi @ Sep 25 2018, 11:16 AM)
.......
Thanks for joining lyn just to tell us how much info you really knew about the working scheme of the company.....

btw, Agape is not a money game,..why did you link the money games to Agape?

it is more like....

“You can get in a whole lot more trouble in investing with a sound premise than with a false premise,” .
"When you have a sound premise, you may also have a “This can’t go wrong” mentality. And when you add money to that equation, things quickly get out of hand."
"With bad investment scheme, for example, the trouble starts once people begin to buy because they really believe prices would go up...."

thus, what you posted is like they are selling on a sound premise to you and you joined them because of this sound premise......isn't it?
..........

hmm.gif come to think of it....is it like,,,,,,?
a ginseng farmer selling his ginseng to investors...
telling the investors to provide him lodging, food, expenses, etc, etc on the premise that the ginseng produce by the farm would be partially theirs.....
thus every time, the investors asked about the ginseng...the farmer would just says..."wait-lah...not ready yet, but you will be rich in time to come...just look at the current price?

do you call this a money games?...no i would not say that this is a money game....but i would call it "a sucker made to wait game"
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This post has been edited by MUM: May 4 2020, 10:32 AM
askagape
post May 6 2020, 09:17 PM

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attacking Malay market now, revenue going to jump up a lot soon bruce.gif


https://youtu.be/eJ2tu0qhsyM


Dreamcoffee
post May 8 2020, 01:10 AM

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QUOTE(MUM @ May 4 2020, 10:28 AM)
hmm.gif  judging from the recent latest postings,.....I think what you had posted 2 yrs ago about sound premise and the Ginseng scheme is more apparent now
*
yea...
askagape
post May 17 2020, 09:48 PM

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the most sought after guru busy with online interview appointment after attracted as many as 12,000 attendees in his last webinar

QUOTE
Join the most sought after guru for his thoughts and advice for individuals in navigating this pandemic. His last webinar which has as many as 12,000 attendees will probably be one of the highest in this part of the world.

A highly successful serial entrepreneur with multiple businesses and investments, no one would be better than Dato' Sri Dr. How Kok Choong to draw closure to this year's Multiple Sources of Income Virtual Summit.

He will share his journey on how he build his business empire and how he sail through various economic crisis including this one.

Join his session this Sunday, 17th May 2020 @ 3.30 pm - 4.30 pm.


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mckoh
post May 18 2020, 10:53 AM

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Which company going to be listed around February next year? Agape or DSwiss??
askagape
post May 19 2020, 11:38 AM

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QUOTE(mckoh @ May 17 2020, 03:53 PM)
Which company going to be listed around February next year? Agape or DSwiss??
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sorry bro, it's Agape, not DSwiss that you wish to sell.
askagape
post May 20 2020, 09:11 PM

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Hopefully US won't mistaken Agape as China company for another time and delay next Feb listing in NYSE or Nasdaq


https://www.cnbc.com/2020/05/19/nasdaq-to-t...source=Facebook

https://www.bloomberg.com/news/articles/202...tm_content=asia

askagape
post May 21 2020, 10:28 PM

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The ceo really ambitious, just found out other than Agape and DSwiss, another company called phoenix plus group will be listed on OTC. I think he is the king of OTC in Malaysia and will be the richest Billionaire in Malaysia.


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askagape
post May 23 2020, 12:13 PM

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QUOTE
Our 1st IPO public sharing by Dato Sri Dr How, Chairman of Phoenix Plus Corporation, the response was amazing with more than 20 investors investing from USD 10,000.00 to USD 100,000.00 in our OTC pink shares.🙏🙏👍👏

今天有20多位投资者,投资凤凰美国上市股票,每位投资1万美金到最高投资10万美金。

#凤凰魅力无法挡
#投资者风雨无阻
#全场爆满,💪💪



anyone one invested in Phoenix Plus Corporation, did the ceo share when it will be listed in OTC and next in NYSE?




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SUSyklooi
post May 23 2020, 12:25 PM

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More than 500,000 people have become victims to illegal investment scams in the country since 2015, said Finance Minister II Datuk Seri Johari Ghani.

https://www.nst.com.my/business/2017/11/307...nvestment-scams

as this article was published in 2017, ...thus in just about 24 months, there are 500,000 victims....

thus about 20833 victims per month or about 700 victims per day.....

hmm.gif hmm.gif

Dreamcoffee
post May 24 2020, 01:02 AM

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QUOTE(yklooi @ May 23 2020, 12:25 PM)
More than 500,000 people have become victims to illegal investment scams in the country since 2015, said Finance Minister II Datuk Seri Johari Ghani.

https://www.nst.com.my/business/2017/11/307...nvestment-scams

as this article was published in 2017, ...thus in just about 24 months, there are 500,000 victims....

thus about 20833 victims per month or about 700 victims per day.....

hmm.gif  hmm.gif
*
So few lol, I thought more than that...
CoronaV
post May 24 2020, 08:12 AM

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Phoenix group is property developer? Agape spread its wings diversification?
MoneyGam P
post May 25 2020, 02:19 AM

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Pump&Dump.con: Tips for Avoiding Stock Scams on the Internet

One of the most common Internet frauds involves the classic "pump and dump" scheme. Here's how it works: A company's web site may feature a glowing press release about its financial health or some new product or innovation. Newsletters that purport to offer unbiased recommendations may suddenly tout the company as the latest "hot" stock. Messages in chat rooms and bulletin board postings may urge you to buy the stock quickly or to sell before the price goes down. Or you may even hear the company mentioned by a radio or TV analyst.

Unwitting investors then purchase the stock in droves, creating high demand and pumping up the price. But when the fraudsters behind the scheme sell their shares at the peak and stop hyping the stock, the price plummets, and investors lose their money.

Fraudsters frequently use this ploy with small, thinly traded companies because it's easier to manipulate a stock when there's little or no information available about the company. To steer clear of potential scams, always investigate before you invest.

For more information on how to use the Internet to invest wisely and avoid fraud, be sure to visit our Internet and Online Trading web page. There you'll find a vast array of tips, including Internet Fraud: How to Avoid Internet Investment Scams.
MoneyGam P
post May 25 2020, 02:24 AM

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QUOTE(Dreamcoffee @ May 24 2020, 12:02 AM)
So few lol, I thought more than that...
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Stock dilution scam

Stock dilution, also known as equity dilution, is the decrease in existing shareholders' ownership percentage of a company as a result of the company issuing new equity.[1] New equity increases the total shares outstanding which has a dilutive effect on the ownership percentage of existing shareholders. This increase in the number of shares outstanding can result from a primary market offering (including an initial public offering), employees exercising stock options, or by issuance or conversion of convertible bonds, preferred shares or warrants into stock. This dilution can shift fundamental positions of the stock such as ownership percentage, voting control, earnings per share, and the value of individual shares.
askagape
post May 31 2020, 04:11 PM

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QUOTE
An opportunity to expand your income, a gateway towards financial freedom

Whether it is paying for your dream house, luxurious car, or simply travel around the world.
AGAPE got you covered with our specially-designed Sales Plan and business support to make your goals a reality.


Agape start to focus more on the real business, less on investment now

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askagape
post Jun 8 2020, 02:42 PM

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CEO is back again. can support support and ask questions also.


QUOTE
你想知道总裁瘦下10KG的秘密吗?别错过来临星期六的FB直播分享,让 #拿督斯里侯健仲博士 亲身告诉你如何健康享“瘦”人生!

记得锁住AGAPE Superior Living的脸书,我们将为你带来更多好消息!偷偷告你当天直播一定要留守到最后,会有一份惊喜送给观众们。约定你哦!

🏋️‍♂️与总裁一起FIT😎
日期: 13 Jun 2020
时间: 8.30pm
FB Live @agapeatpmalaysia


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askagape
post Jun 12 2020, 11:13 AM

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reminder for big day tomorrow
askagape
post Jun 21 2020, 06:56 PM

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greenpro really lucky that its stock price shoot up suddenly on 27th May, else it will be delist from Nasdaq for not compliance with Nasdaq's minimum bid price requirement of 1 dollar stock price. hmm.gif

https://finance.yahoo.com/news/greenpro-reg...-154200677.html

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MoneyGam P
post Jun 22 2020, 02:06 PM

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Luckin Coffee faces Nasdaq delisting following alleged fraud


Luckin Coffee (Nasdaq: LK), the Chinese coffee shop chain that recently fired its CEO and COO for falsifying sales data, yesterday received a delisting notice from Nasdaq. One source says that Luckin didn't sufficiently answer questions Nasdaq had asked.

Why it matters: This comes against the backdrop of Nasdaq tightening its listing standards for closely held companies and those that aren't sufficiently transparent about their accounting. It didn't explicitly cite Chinese issuers like Luckin, but its targets were clear.

What's next: Luckin will appeal Nasdaq's decision, and gets to keep trading on the exchange until its challenge is adjudicated.

The bottom line: It's been just one year since Luckin went public at nearly a $3 billion valuation, later rising to a whopping $13 billion, as investors clamored for a piece of China's homegrown rival to Starbucks. This morning's opening market cap was less than $700 million.

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askagape
post Jul 12 2020, 12:47 PM

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looks like everyone happy after attending uplisting briefing last night, must have good news soon
MUM
post Jul 12 2020, 01:09 PM

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QUOTE(askagape @ Jun 8 2020, 02:42 PM)
CEO is back again. can support support and ask questions also.... On13 June 2020
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QUOTE(askagape @ Jun 12 2020, 11:13 AM)
reminder for big day tomorrow, 13 June 2020
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Any thing you would like to tell about that event?
SUSyklooi
post Jul 12 2020, 01:18 PM

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QUOTE(askagape @ Jul 12 2020, 12:47 PM)
looks like everyone happy after attending uplisting briefing last night, must have good news soon
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Yes, I think the organisers n the staffs of the company must be very happy, and must be waiting for event target achievement bonus reward
Well done I guess
Pigu P
post Jul 14 2020, 12:00 AM

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Madam yes
askagape
post Jul 18 2020, 04:25 PM

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another training by Sifu next month, start reserving seat for yourself now rclxms.gif

the training of leveraging the capital market for business growth probably will help more people to learn to invest in OTC market

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MoneyGam P
post Jul 21 2020, 02:04 AM

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mr-stingy
How to Tell If an Investment Is a Scam (for Malaysians)
mr-stingy mr-stingy


“What do you think of XYZ investment? Is it legit or a scam?”

A question I’m starting to get a lot. Difficult. Because as much as it makes me feel like a guru, and I’d like to give Yes/No answers on every investment out there, it’s just not practical. A better solution is to help people develop their own bullshit-detection skills — so they don’t have to rely on others to make decisions.

For this article, I’m using “scam” to describe a scheme that’s designed to cheat people. There’s a difference between this and a bad business decision. Something can be a legitimate investment, and still lose tons of money: Example: ask older people who got burned in the stock markets during the 1997 Asian financial crisis. A story for another day.

Today, we’ll focus on how to detect scams that are out to cheat your money. Here’s my mental checklist for protecting myself — hopefully you’ll be able to use it too.


1. It Guarantees Returns
First, genuine investments never guarantee profits.

There are exceptions — like fixed deposits in a bank, or an endowment plan from an insurance company. But your guaranteed returns (a.k.a. profits) will always be low. What’s considered low and high? Read on in Point 2.

Other investments that promise you guaranteed returns? BIG RED FLAG.

I know, we’re always looking for certainty and security. But the thing about investing, business, and even life, is there are no guarantees. Accepting this — that there are risks and rewards in everything we do — puts us one step further down the path of wisdom.


2. Unrealistic Returns
Not only do scams offer you “guaranteed” profits, they also promise unrealistic numbers. How do you know if something is unrealistic or not? From the looks like it, most people have absolutely no idea. The Securities Commission of Malaysia ran a survey in 2018 with some insane results:

“…investors perceive that an annual return of 12.4% is considered low, 24% as medium and 42.9% as high.”


To put this into perspective, if you consistently earned 12.4% profits every year (what many Malaysians consider low), you would already be considered a “great investor.” As in, you could become a professional money manager, people would pay you disgraceful amounts of money, and your smug face would regularly appear in newspaper columns.

Earn 24% returns annually, and you’re already better than world-famous Warren Buffett and many other “greatest investors” of all time. Make 42.9% a year, and all the greatest investors of all time would be sitting at your feet, trying to learn from you.

Instead, realistic return rates are more like:

mr-stingy’s Expected Returns Per Year
Malaysian Banks (Fixed Deposits): 3-4%
Bonds: 5-6%
Malaysian Government-Related Schemes (e.g. EPF, Amanah Saham): 6-10%
Properties: 9%
Stock Market: 10%
A few notes on the above. First, these are personal expectations, meaning don’t hate-DM me if your apartment price only increases by 1% this year. Similarly, I’m not saying your favorite stock won’t go up 20% next month.

What I’m saying is, based on my research and experience, these are how I’d expect investments to generally perform. Like if I put money in the stock market, and keep making 10% losses every year, I know I’m doing something wrong. On the flip side, if the EPF declares dividends of 8% this year, I’ll rejoice — but also know it’s above expectations.

“What about Unit Trusts,” you ask? Well because unit trusts (a.k.a. mutual funds) typically invest in some combination of bonds and stocks — I’d expect similar results. For example, I’d expect a unit trust that invests mostly in stocks to return around 10% per year.

Of course, I’m oversimplifying things here. An entire library of books could be written around investment returns, but I just wanted enough info to help set realistic expectations. Investing is a get-rich-slowly thing. Notice how “expected returns” never goes above 10%?

This is how we know your long-lost friend’s “business opportunity of the future” promising 20% per month is a scam.



Rule of thumb: beware of people who pose with sports cars

3. It Asks You to Recruit Members to Get Paid
A legitimate investment doesn’t need you to sign up another 3 people for you to get paid. That’s a red flag which happens with pyramid schemes. Because if you think about it logically, why does the business need you to “recruit” people?

If they’re really investing your money, all you need to do is give them money and wait. Nothing else. No such nonsense like “If you get 3 people under you, then you get 7.5% of their profits also. And if they get 3 people under them, then you get 3.75% of the downline profits too! EVERYONE WINS!!!”

Unless of course, it’s really what’s known as a Ponzi scheme, where new investors’ money is used to pay earlier investors. Which goes on and on until there’s not enough new investors — then everything collapses and we see “Retired housewife loses life savings in money game” headlines. When the music stops, people get exposed.

Caveat: You know those “Sign up with my promo code and we’ll both get RM10” messages you keep receiving? Annoying, but definitely legal. The difference is, promo codes are usually a small amount (~RM10), but even if you don’t refer anyone at all, you can still use the platform, invest money and earn profits same as everyone else.

“Then what about multilevel (network) marketing,” you ask? Well those need you to actively work to earn money. Investing for me refers to something much more passive: parking your money, and letting it automatically generate profits (with a risk of losses) for you. I’d consider MLMs more of a side hustle — one that historically most people don’t earn good money from — but technically legal if they follow the rules.

Just be very careful, because scammers like to mix MLM elements into their “investment” proposals, which makes it more confusing for everyone and harder to evaluate. Wouldn’t it be helpful if the authorities did something?

Which brings me to…


4. There’s No Regulation
There’s actually a “life hack” to all this. If you’re still confused, not interested in how to detect lies (really?), or just want an easy answer, here goes: only invest in things regulated by the government.

Yeah, I know — if you’re a sophisticated investor, it’s possible to make money trading 100x-leveraged USD digital oil futures on an exchange owned by a shell company in Seychelles. But the majority of people are not sophisticated investors. We just don’t have the time, knowledge and expertise to understand such complex instruments.

Hence, it makes sense for most people to take the safe route. The good news is there’s tons of approved investment platforms here in Malaysia. Whether you wanna invest in stocks, bonds, ETFs, properties, peer-to-peer financing or even something as exotic as Bitcoin — you can check whether the company you’re investing with is regulated:

Securities Commission Search Engine for License Holders (e.g. Unit Trusts, Stock Market Brokers, Investment Advisers)
Securities Commission List of Recognized Market Operators (e.g. Equity Crowdfunding, Peer-to-Peer Financing, Cryptocurrency Exchanges)
Regulation means in case something goes wrong (e.g. the founders of the company steal your money, or your personal data gets hacked), the government actually has power to help you. But if you invest in something unregulated, it’s extremely difficult for the authorities to go after the bad guys.

And just in case you’re super risk-averse, the Malaysian government also keeps track of unauthorized money-related schemes via Bank Negara here and the Securities Commission here. (Don’t invest in those.)


5. It Uses Unethical Sales Tactics
Another tell-tale sign of a scam is unethical sales tactics. The heartbreaking thing is these tactics work, especially on the poor and needy.

Some examples:

Social pressure: They bring you to a grand “conference” where there’s tons of creepily-high-energy-well-dressed people who wanna be your friends. Worse if your existing friends bring you there. Suddenly there’s a sales session where everyone is saying “YES!” and “investing.” Don’t you feel left out if you don’t buy too? #FOMO
High pressure: The salesperson doesn’t take no for an answer. Keeps asking for reasons and doesn’t respect your decision. Keeps pressuring you to immediately say yes. If they fail to persuade you, they pass you on to their boss for #Round2 of convincing. Many events have a standard #Round3.
Isolation: “This special offer is only for you. But you can’t tell anyone about it, not even your husband or family — because they won’t understand. That’s why it’s special. You have to keep it a secret.”
The above tactics are shady at best, criminal at worst. They’re also usually presented with urgency: “Limited offer today! BUY NOW OR YOU’LL LOSE OUT!!!” Combined, these psychological tricks are often strong enough to make even smart people do stupid shit with their money.

Remember, investing is a business decision. It’s about numbers and dollars, and you should always take time to think carefully. It should feel boring. You’re not joining a cult or falling in love. If you feel emotional, run away.



” Put your hands up if you’re ready to take action and CHANGE YOUR LIFE!!!”

6. The Business Model Doesn’t Make Sense
I left this one for last because it’s the toughest. It takes some business knowledge and experience to understand if something has a proper business model — where people can legally and ethically make profits.

Because if it’s a scam: look deep enough into the fine print and business structure — and you’ll discover all kinds of alarming things.

Don’t be fooled by complexity. The legitimate people in this world try to simplify things for normal people. It’s conmen who try to confuse.

If you have interest in business and investments, over time you’ll build your analytical skills here. If not, refer to Section 4.

But if ever in doubt, here’s a fundamental principle which will serve you well:

If you can’t understand it, you shouldn’t invest in it.


Conclusion: Why People Fall for Investment Scams
Investment scams happen because people want to believe in the sweet lies scammers sell. People want to believe it’s possible to earn big money in a short time. People want to believe they should get paid without producing any value. And people want to believe there’s an easy way out from their problems.

Yeah, there’s probably some greed there. But in our world of instant gratification and Insta-materialism, can you really blame people for wanting to upgrade their lives? It’s almost ingrained in our human nature.

The deeper issue I think, is most people today feel stuck. What everyone is actually looking for is hope. Money; quick, easy money seems like the solution.

But maybe the real solutions can be found in good, old-fashioned principles.

Lessons from history that can still guide us today: Success, in money, business and life takes time. Building wealth requires discipline and hard work. And unfortunately, there will always be scammers and people who get scammed, because they wanted fast money.

Thankfully, you won’t be one of them.


– – –

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askagape
post Jul 25 2020, 11:07 PM

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First IPO event after MCO biggrin.gif biggrin.gif biggrin.gif
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Malaysia No 1 rclxms.gif bruce.gif
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Miss the boat of Top Glove Kossan Supermax Hartalega? Look no further cool2.gif
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MoneyGam P
post Jul 29 2020, 03:47 AM

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Why are Malaysians Still Foolishly Investing in Money Games?
UPDATED 13 NOV 2019 – BY LOANSTREET

Why are Malaysians still foolishly investing in money games?
When it comes to financial scams in Malaysia, it would seem as though there is no end to the amount of ill-advised victims. Masashi Kishimoto, the creator of much-loved manga series ‘Naruto’, hit the nail on the head with his quote: “In this world, as long as the concept of winners exists, there must also be losers.”

It’s pretty obvious who the losers are in the deceitful world of money games. They’re the ones who lodge police reports, hopeful that the relevant authorities will step in and save their hard-earned money from going up in flames. However, the fraudsters usually get away scot-free, due to lax enforcement of local laws.


Case in point: Genneva Malaysia Sdn Bhd. About 1,065 gold traders had tried to sue the company for RM146mil, claiming that the company had failed to pay them the monies and gold products that were owed to them. As reported by The Star in October 2016, 11 people and Genneva were acquitted of more than 1,000 counts of illegal deposit taking and money laundering charges. No prizes for guessing who has the last laugh.

Scams masquerading as ridiculously rewarding investment schemes have been around for as long as anyone can remember. Ever heard of terms such as ‘Ponzi’, ‘pyramid’, and ‘multi-level marketing (MLM)’? We thought you might. Unfortunately, it seems as though history is doomed to repeat itself many times over, since Malaysians don’t seem to learn from the mistakes of those who have fallen before them.

There has been a spate of news reports regarding the unravelling of numerous money game companies, with hundreds of thousands of people suffering substantial amounts of losses. The common denominator in all these cases: charming and charismatic people who are skilled at sweet-talking through their perfect, chemically-whitened teeth.

Why are Malaysians still foolishly investing in money games?

The recent one whose pants were metaphorically on fire is Johnson Lee, founder of Penang-based scheme, JJPTR (JJ Poor to Rich). He made the headlines when he claimed that a ‘hacking job’ on his company’s network caused its investors to suffer a total of USD400mil (roughly RM1.7bil) in losses.

Penang isn’t done with unpleasant surprises as two more popular financial schemes have also been red-flagged by Bank Negara Malaysia: MBI International Sdn Bhd and Mface International Sdn Bhd, both of which are subsidiaries of MBI Group International.

We find it amusingly ironic that in one of the latest news reports, the founder of Richway Global Venture (RGV) – who goes by the username of ‘Vanguard of Farmers’ on the WeChat app – was directly quoted as saying, “If you’re so worried, why did you invest in the first place? It is either you win or lose. Please give me some time to sort out this problem, and it is not time for me to run away with your money.”

Now for starters, he’s right. To those who knew what they were getting into, it’s a little too late to be crying over spilt milk, don’t you think? Secondly, he said that it wasn’t the right time for him to disappear with all your hard-earned cash. He may have been planning to do so before his company’s second anniversary, a’la JJPTR’s dinner celebration, but perhaps certain circumstances dictated otherwise.

This begs the question: why do people keep falling for these scams, even when billions of Ringgit have vanished already? It’s safe to assume that if you are still investing in money games (or thinking of it), then you’re beyond help. Here are the three types of people who lie under the Umbrella of Idiocy:

Why are Malaysians still foolishly investing in money games?

1) First – The Vulnerable
They are the ones who are in desperate need of cash, usually because something critical has happened that puts a strain on their finances. This gullible Penangite hawker who lost her son’s medical funds to the latest money game scheme is one such example.

Thinking that she could get some returns for a few months at least, so that she will be able to pay for the monthly kidney dialysis treatments that her son needs, she was caught by surprise when the scheme collapsed very quickly. What’s more, she had involved her daughter-in-law, relatives and friends in the scheme as well, where they lost a total of about RM10,000.

2) Second – The Misguided
Here lie the hard-core believers. These people don’t have the proper level of education, either financially or technologically. With technology progressing at such a rapid rate, many are not aware that graphics and documents can be easily doctored so that they appear to be legitimate.

An investor in BTC I-system (another dubious money game company), Tommy Tang, is the perfect poster child of a Misguided. He says, “Everything looked so real as the WeChat administrator even showed daily charts of the market value of bitcoin in Ringgit. It was easy money.”

There is also a pressing need for people to be educated on how to spot realistic financial gains, so that they're not suckered into enticing money games. They require guidance on how to manage their finances properly, so as to avoid situations such as household debt and bankruptcies, which will lead to them resorting to desperate measures.

3) Lastly – The Snakes
These sort of people are so consumed by their own selfish greed, they think that these money games are a viable option to make a quick buck. They’re looking to increase their wealth in the shortest timeframe possible, and more often than not, they were seduced into signing up by the lavishly luxurious lifestyles of those who had previously ‘made it big’.

They enter these schemes knowing what it entails, and then profit at the expense of those who trust them the most, usually their relatives and friends. One of the investors in JJPTR, Alex (not the real name), voiced out what is probably on many Snakes’ minds, “Greed is what motivates me. The desire to make ‘fast money’ drives me, as well as most others, I suppose, to put money in the scheme.”

A recent poll conducted by The Star’s R.AGE proved how sad the situation can be when trust is misplaced, as 60% of the respondents said that they would not report their relatives and friends who were involved in these scams.

To conclude
As one money game player, who goes by the name of Leon Hong, claims: “Many of those who invested in such schemes knew that they were scams from the beginning. But we were always told that we are among the ‘pioneers’ and the plan would not go bust so early.”

It cannot be said that these companies operate in secrecy and that the public barely understands the inner workings of such schemes, which leads to people being conned easily. It’s not rocket science; we have explained how it works and its origins. The sooner the public understands that there is no such thing as ‘win-win’ or ‘easy money’, the faster these money game companies will go out of business.

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Pakatan SinMa Plus
post Jul 30 2020, 12:31 AM

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QUOTE(askagape @ Jul 25 2020, 11:07 PM)

Miss the boat of Top Glove Kossan Supermax Hartalega? Look no further  cool2.gif

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The companies mentioned above are hot companies in klse recently.
Can you please advise how to relate between the companies above to phoenix?

askagape
post Jul 31 2020, 05:46 PM

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QUOTE(askagape @ Jun 20 2020, 11:56 PM)
greenpro really lucky that its stock price shoot up suddenly on 27th May, else it will be delist from Nasdaq for not compliance with Nasdaq's minimum bid price requirement of 1 dollar stock price.  hmm.gif

https://finance.yahoo.com/news/greenpro-reg...-154200677.html


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greenpro Capital drop below $1 again... good time to buy it since they already got 5 millions loan and started spend 2 millions on common stock buy back? hmm.gif

https://finance.yahoo.com/news/greenpro-sig...-130000098.html
https://finance.yahoo.com/news/greenpro-app...-130000240.html

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This post has been edited by askagape: Jul 31 2020, 05:48 PM
Pakatan SinMa Plus
post Aug 1 2020, 12:12 AM

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QUOTE(askagape @ Jul 31 2020, 05:46 PM)
greenpro Capital drop below $1 again... good time to buy it since they already got 5 millions loan and started spend 2 millions on common stock buy back?  hmm.gif

https://finance.yahoo.com/news/greenpro-sig...-130000098.html
https://finance.yahoo.com/news/greenpro-app...-130000240.html

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What is the TP for greenpro Capital?
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post Aug 8 2020, 11:57 AM

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QUOTE(askagape @ Jul 31 2020, 05:46 PM)
greenpro Capital drop below $1 again... good time to buy it since they already got 5 millions loan and started spend 2 millions on common stock buy back?  hmm.gif

https://finance.yahoo.com/news/greenpro-sig...-130000098.html
https://finance.yahoo.com/news/greenpro-app...-130000240.html

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I am just a newbie. I see now the price is 0.83. It drops more than 30% in a year, and fundamental not strong. Doesn't look too attractive for me at current state.

Do u have any more supporting facts to share?


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post Aug 8 2020, 09:02 PM

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Gold scam by 'Datuk Seri' leaves victims in Malaysia poorer by S$5 million


KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - A gold investment scam by a supposed "Datuk Seri" has left more than 100 investors poorer by about RM15 million (S$5 million), several of the victims claim.

Nine of the victims, who lost about RM1.5 million in total, have come forward to tell their story to the public with the help of the Malaysian Chinese Association's (MCA) Public Services Bureau.

They said they were initially persuaded to sell their gold to the man's company, which would accumulate it in "Bank Negara" and then sell it to China after amassing 20 tonnes.

They were also offered a 1.5 per cent to 1.8 per cent dividend each month for a year, depending on the amount of gold they invested.

One of the investors, who gave her name only as Mrs Ng, said she learnt of the investment opportunity after getting phone calls from people claiming to be the company's marketing representatives.

Not knowing how they got her number, she went to the company to find out more and found that it seemed credible.

"I was given seven cheques in exchange for the 1.64kg of gold that I sold them," she told a press conference at Wisma MCA on Wednesday (Apr11).

The 67-year-old said she then signed an agreement with the company and all went well for about eight months.

She said: "I received RM73,000 through the 1.5 per cent monthly dividend from March until October last year. However, in November, the company's dividend cheque bounced."

Mrs Ng said the amount was almost RM37,000.

She went to the company's office in Wisma Central only to learn that it closed about a week earlier.

She also tried texting the "Datuk Seri", but did not get any reply.

Federal Territory MCA Public Service Bureau chairman Banie Chin said the scheme started taking gold deposits from January last year (2017).

"According to the information we got from the victims, more than 100 people in Peninsular Malaysia were involved with the company," he said.

"The amount of losses is estimated at more than RM15 million."

Mr Chin said the bureau will work with the police to track down the perpetrator.

Lawyer Michael Wong added that the case also involved a possible breach of the Personal Data Protection Act 2010.

"How did the company get the victims' phone numbers and how did they know they had gold in their possession?" he said.
askagape
post Aug 10 2020, 12:09 AM

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Finally the good news has come, the CEO has received reply from SEC about the uplifting application to NYSE where the SEC is asking them 3 questions only instead of more than 10 questions normally. A good sign that no problem to be listed in NYSE thumbup.gif everyone is going to make good money soon rclxm9.gif

CEO also say got at least 60 Malaysia companies listed in OTC market but they got no hope to get listed in NYSE, really pity them tongue.gif but I don't understand why the CEO say his company actually already qualify to get listed on NYSE at the first place and no need to go through OTC, but yet he still listed his company in OTC market first... cannot brain this... rolleyes.gif


https://www.facebook.com/watch/?v=1273999416265428

This post has been edited by askagape: Aug 10 2020, 12:10 AM
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post Aug 10 2020, 08:39 PM

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QUOTE(askagape @ Aug 10 2020, 12:09 AM)
Finally the good news has come, the CEO has received reply from SEC about the uplifting application to NYSE where the SEC is asking them 3 questions only instead of more than 10 questions normally. A good sign that no problem to be listed in NYSE    thumbup.gif  everyone is going to make good money soon  rclxm9.gif 

CEO also say got at least 60 Malaysia companies listed in OTC market but they got no hope to get listed in NYSE, really pity them  tongue.gif  but I don't understand why the CEO say his company actually already qualify to get listed on NYSE at the first place and no need to go through OTC, but yet he still listed his company in OTC market first... cannot brain this...  rolleyes.gif
https://www.facebook.com/watch/?v=1273999416265428
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Which company do u mean? Agape atp?
Which CEO do you mean? Dr How?

If it is agape atp, May I know when will be the NYSE listing date?

MUM
post Aug 10 2020, 08:52 PM

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QUOTE(Pakatan SinMa Plus @ Aug 10 2020, 08:39 PM)
Which company do u mean? Agape atp?
Which CEO do you mean? Dr How?

If it is agape atp, May I know when will be the NYSE listing date?
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per his previous posting?

QUOTE(askagape @ Apr 25 2020, 04:33 PM)
finally can get listed on NYSE around February next year  rclxm9.gif

check it the latest update at starting at 54:30
https://www.facebook.com/ttlivemall/videos/283099672697429
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post Aug 10 2020, 09:20 PM

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QUOTE(MUM @ Aug 10 2020, 08:52 PM)
per his previous posting?
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Is it really about agape atp? There are few companies mentioned in this forum such as phoenix plus, dswiss and agape atp, so I am abit confused. 😂

If this is so, Good news for the shareholders.
MUM
post Aug 10 2020, 09:27 PM

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QUOTE(Pakatan SinMa Plus @ Aug 10 2020, 09:20 PM)
Is it really about agape atp? There are few companies mentioned in this forum such as phoenix plus, dswiss and agape atp, so I am abit confused. 😂

If this is so, Good news for the shareholders.
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as per image,....he mentioned it is AGAPE.

good news for shareholder?
i thought those holding agape shares during the Nasdaq share things still have problem selling there shares to get the money back...
not sure about it now....
can they sell it?
or this NYSE thing is also another method to prolong the returns of their money?

This post has been edited by MUM: Aug 10 2020, 09:32 PM


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post Aug 10 2020, 09:32 PM

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QUOTE(MUM @ Aug 10 2020, 09:27 PM)
good news for shareholder?
i thought those holding agape shares during the Nasdaq share things still have problem selling there shares to get the money back...
not sure about it now....
can they sell it?
or this NYSE thing is also another method to prolong the returns of their money?
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Nasdaq? I only know agape atp is currently listed in otc market, and the transacted volume is very small. 😂
MUM
post Aug 10 2020, 09:45 PM

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QUOTE(Pakatan SinMa Plus @ Aug 10 2020, 09:32 PM)
Nasdaq? I only know agape atp is currently listed in otc market, and the transacted volume is very small. 😂
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was mentioned NAsdaq in post 17.

1. 10k use to purchase 10,000 unit of share in OTC.
(0.20USD pershare - Est total 2,000 USD)

2. By Jan 2018 expected the share will rise to 0.80 USD per share after listed in stock exchange.( from Insider)
(your money will grow up to RM36k)

3. By April 2019 will be listed in Nasdaq. Share will jump to 4.00 USD each.
( your money will grow more up to RM200k)

i think the actual route stopped at OTC...now go bigger...NYSE sweat.gif

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post Aug 10 2020, 10:00 PM

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is that like investing in a company share as minority?
you invest in a company with the premise of something positive will happens.
where you got no say as to how they run it or
how much they want to declare dividend to you or
how they want to operate it....
you are just like a sleeping partner with company shares. you don't get to get salaries or company provided 1st class living like them

there is no promise of returns as you invest in a company...thus this investment are subjected to risk....you should know that.
you can sell or transfer your share to anyone willing to buy. ....anyone willing to buy thus the company itself may not offer to buy

so you just pay the money and pray that they will gives you profits + your invested money in returns.....how long do you have to wait? will they really gonna gives you the money?


MUM
post Aug 10 2020, 10:06 PM

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QUOTE(yklooi @ Aug 10 2020, 10:00 PM)
is that like investing in a company share as minority?
you invest in a company with the premise of something positive will happens.
where you got no say as to how they run it or
how much they want to declare dividend to you or
how they want to operate it....
you are just like a sleeping partner with company shares. you don't get to get salaries or company provided 1st class living like them

there is no promise of returns as you invest in a company...thus this investment are subjected to risk....you should know that.
you can sell or transfer your share to anyone willing to buy. ....anyone willing to buy thus the company itself may not offer to buy

so you just pay the money and pray that they will gives you profits + your invested money in returns.....how long do you have to wait? will they really gonna gives you the money?
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hmm.gif almost similar to your 2018 story biggrin.gif


QUOTE(yklooi @ Sep 25 2018, 11:16 AM)
[@]

Thanks for joining lyn just to tell us how much info you really knew about the working scheme of the company.....

btw, Agape is not a money game,..why did you link the money games to Agape?

it is more like....

“You can get in a whole lot more trouble in investing with a sound premise than with a false premise,” .
"When you have a sound premise, you may also have a “This can’t go wrong” mentality. And when you add money to that equation, things quickly get out of hand."
"With bad investment scheme, for example, the trouble starts once people begin to buy because they really believe prices would go up...."

thus, what you posted is like they are selling on a sound premise to you and you joined them because of this sound premise......isn't it?

tips...find out more about.....par value, trade ability, pink sheet, differences between a common stock status and a preferred stock status,.....more from posts posted in this thread

hmm.gif come to think of it....is it like,,,,,,?
a ginseng farmer selling his ginseng to investors...
telling the investors to provide him lodging, food, expenses, etc, etc on the premise that the ginseng produce by the farm would be partially theirs.....
thus every time, the investors asked about the ginseng...the farmer would just says..."wait-lah...not ready yet, but you will be rich in time to come...just look at the current price?

do you call this a money games?...no i would not say that this is a money game....but i would call it "a sucker made to wait game"
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post Aug 10 2020, 11:22 PM

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QUOTE(MUM @ Aug 10 2020, 09:45 PM)
was mentioned NAsdaq in post 17.

1. 10k use to purchase 10,000 unit of share in OTC.
(0.20USD pershare - Est total 2,000 USD)

2. By Jan 2018 expected the share will rise to 0.80 USD per share after listed in stock exchange.( from Insider)
(your money will grow up to RM36k)

3. By April 2019 will be listed in Nasdaq. Share will jump to 4.00 USD each.
( your money will grow more up to RM200k)

i think the actual route stopped at OTC...now go bigger...NYSE  sweat.gif
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Ya. TS can correct me if I am wrong. I believe the nasdaq route didn't happen. Hence now is still at otc. If it is listed in nyse, it should be able to be traded openly. It's a good news for the shareholders (if it really happens).
MUM
post Aug 10 2020, 11:25 PM

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QUOTE(Pakatan SinMa Plus @ Aug 10 2020, 11:22 PM)
Ya. TS can correct me if I am wrong. I believe the nasdaq route didn't happen. Hence now is still at otc. If it is listed in nyse, it should be able to be traded openly. It's a good news for the shareholders (if it really happens).
*
hmm.gif wondering what the stock status like?
a common stock status and a preferred stock status?
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post Aug 10 2020, 11:34 PM

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QUOTE(MUM @ Aug 10 2020, 11:25 PM)
hmm.gif wondering what the stock status like?
a common stock status and a preferred stock status?
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Need @askagape to clarify on this. In fact I don't even know if he is referring to agape atp when he mentioned about listing in NYSE in feb21.

Honestly, I did not attend the talk in the link that he shared.

I tried to ask few questions to @askagape in my previous posts here but there was no response to my questions. I hope he sees ur question above and is able to clarify.
MUM
post Aug 10 2020, 11:40 PM

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QUOTE(Pakatan SinMa Plus @ Aug 10 2020, 11:34 PM)
Need @askagape to clarify on this. In fact I don't even know if he is referring to agape atp when he mentioned about listing in NYSE in feb21.

Honestly, I did not attend the talk in the link that he shared.

I tried to ask few questions to @askagape in my previous posts here but there was no response to my questions. I hope he sees ur question above and is able to clarify.
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i don't think he would answers, for some had tried before, including me

i don't bother to ask for more including asking their office, as i prefer to miss the boat than to be make a participant of "sucker made to wait game" (as yklooi put it)
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post Aug 10 2020, 11:45 PM

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QUOTE(MUM @ Aug 10 2020, 11:40 PM)
i don't think he would answers, for some had tried before, including me

i don't bother to ask for more including asking their office, as i prefer to miss the boat than to be make a participant of "sucker made to wait game" (as yklooi put it)
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Haha, I can understand ur feeling.

I am also not a member / investor in agape atp. But I do see some old uncles and aunties in my hometown "investing" into this company. I just hope that they can at least get back their money soon (of course better if it comes with profit).
MUM
post Aug 11 2020, 12:00 AM

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in the first nine months of year 2019.

“A total of 3,667 cases lodged were related to non-existent loan schemes with losses amounting to RM34,395,846.05.”

https://www.nst.com.my/news/exclusive/2019/...l-scams-3-years

9 months x 30 days = 270 days
3667/270 = 13 persons per day...

this 13 persons are those that made report for they realised that they were scammed
how many goes unreported?
how many still not realised that they got scammed?
how many realised it but still patiently waiting for the 'promised" returns of their money thus they did not report?
how many realised later that they invested in an investment, as investment does not promise guaranteed returns, thus they got no case to report to the authority?

This post has been edited by MUM: Aug 11 2020, 12:09 AM
T231H
post Aug 11 2020, 12:18 AM

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QUOTE(Pakatan SinMa Plus @ Aug 10 2020, 11:34 PM)
Need @askagape to clarify on this. In fact I don't even know if he is referring to agape atp when he mentioned about listing in NYSE in feb21.

Honestly, I did not attend the talk in the link that he shared.

I tried to ask few questions to @askagape in my previous posts here but there was no response to my questions. I hope he sees ur question above and is able to clarify.
*
see post 349?...there is an image of that post by askagape
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post Aug 11 2020, 12:44 AM

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QUOTE(T231H @ Aug 11 2020, 12:18 AM)
see post 349?...there is an image of that post by askagape
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Sorry. Miss out that one. Thanks for pointing out. It is a great news for the shareholders. Hope they can sell with big profit by feb21. 👏
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post Aug 11 2020, 12:54 AM

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QUOTE(Pakatan SinMa Plus @ Aug 11 2020, 12:44 AM)
Sorry. Miss out that one. Thanks for pointing out. It is a great news for the shareholders. Hope they can sell with big profit by feb21. 👏
*
If you really think so, then Hope you will tell those uncles n aunties of Yr hometown to put in more money this time so that they can get more from it,
But if for me, i don't hope it would happens, thus I will not tell those auntie n uncles anything.....
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post Aug 11 2020, 12:55 AM

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U guys talk so much (mak cik) here can change the situation? The buyers themself will bare the risk, so mak cik for them for wat? Just wait few months more n see lo, if listing really happen, all the mak cik here will apologise for what u had mak cik(ed)?

Mak cik= gei poh= busy body
MUM
post Aug 11 2020, 01:00 AM

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Are you not mak cik here too? ❤️❤️
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QUOTE(Pigu @ Aug 11 2020, 12:55 AM)
U guys talk so much (mak cik) here can change the situation? The buyers themself will bare the risk, so mak cik for them for wat? Just wait few months more n see lo, if listing really happen, all the mak cik here will apologise for what u had mak cik(ed)?

Mak cik= gei poh= busy body
*
Haha. Bro, relax. this is a forum. It is just for us to share our thoughts and opinions.

All of us know we can't change the situation la. If we can only reply if we can change the situation, then this forum can close shop d, especially the politics and stock exchange forums. Haha.
T231H
post Aug 11 2020, 01:03 AM

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QUOTE(MUM @ Aug 11 2020, 01:00 AM)
Are you not mak cik here too? ❤️❤️
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Yar lor.. That mak cik should just come here in Feb 2021 to mak cik here if that nyse thing did happens by then lor
ttpmoneygame P
post Aug 15 2020, 04:22 PM

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Investors Beware of Pink Sheet Penny Stock Scams

As more broker dealers are edging away from the commission model and gearing towards the money management model it is eliminating the opportunities of yesteryear for stockbrokers. If they are not in the money management game then they are systematically having their livelihood chopped down one stock at a time. This may be a good thing for investors potentially but as with what transpired during the days of Stratton Oakmont, we may see a resurgence of the chop houses pushing less desirable securities to unsuspecting dice rollers so that these promoters and stockbrokers can supplement their income.

Now using the term less desirable just means securities that are borderline shell deals and provide their own level of risk. These usually trade on the OTC Pink Sheets or now referred to as the Pink Open Market which you can find on OTC Markets and they may be listed there due to them being listed on a foreign exchange or if they are a US based company they are listed there because they may be in financial distress or in default and are the most speculative of all of OTC Markets Group’s platforms.

These penny stock companies on the Pink Open Market do not have to adhere to any particular disclosure requirements or financial standards, basically a company traded on that platform can have zero assets but still have a market cap. This is deceiving to investors as they have no way to really value these companies, which for the most part just may be blank check companies or publicly traded shell companies.

There are a cornucopia of different companies that trade on this exchange and their risk level, even at the lowest, is pretty high. So if you are not a sophisticated investor you should run for the hills because you will not know what hit you once the rug is pulled out from underneath you. The companies listed there could be delinquent companies, very dark companies and so much worse.

Some of these companies have negative assets on the balance sheets and still by some special skill set of overseas and even domestic stock promoters and brokers have the ability to take a company that has little to no value, that may have been trading at 10 cents and run the stock up into the $1-5 range only to see the stock slide down once the promoter has their fill and there are no other investors to throw into the den.

Back during the Stratton Oakmont days there were a number of boutique brokerage firms that preyed on investors by pushing these type of empty companies and taking big cuts for doing so, these illiquid securities were on the Pink Sheets and OTCBB market during that time, now they are primarily on the Pink Open Market as OTC Market Group does put certain things in place to try to prevent fraud and scam companies but they can only do so much.

If you watch the movie “Wolf of Wall Street” you will see some of what transpired during that time but the funny thing is that they were doing this with Nasdaq listed companies and not just penny stocks, but trust me there were more than enough scam brokerage firms robbing investors blind with penny stocks and probably a handful still doing it now, even with major regulations being in place. But that’s why such promoters and stockbrokers get banned, jailed and fined.

These Pink Sheet companies are classified into a few different categories to at least give an investor a fighting chance when they are doing their due diligence and its based on the quality and quantity of the information that they provide to investors.

Current information companies are probably the easiest to do due diligence on as they follow the rules in some respect and are probably seeking to up list to a higher market, so they adhere to the International Reporting Standard or the Alternative Reporting Standard, basically both paths offer investors real information to work with and they are publicly available through OTC Disclosure. Even then those penny stocks may just filing 10Q’s, 10K’s, 8K’s and such just to keep somewhat current and not become a shell risk or have the skull and crossbones on their listing.

Then you have companies that provide limited information and they are usually companies in trouble, in some type of financial distress, accounting issues and even bankruptcy. You also have companies that just refuse to meet the OTC Pink Basic Disclosure Guidelines which is a big red flag across the board. Lastly you have the companies that provide no information at all and those are the ones you run for the hills from.

Any broker dealer that provides a market for these securities in the USA are regulated by FINRA and registered with the SEC, this is in an effort to provide the best execution for a trade but all of that doesn’t matter if the penny stock is being run up on hot air only to come tumbling down at some point when it hits its high point and all the promoters and special shareholders have dumped their shares on unassuming investors which will leave a bunch of people holding the bag in the end.

The run up may attract risk takers to roll the dice and jump in and out but most times the spread is so wide that its almost impossible to make those quick trades so the risk is hour to hour, literally. The FBI once informed by the SEC or other authorities do keep a close eye on situations such as this but they more than likely won’t strike until later on which doesn’t help investors today but they do look into these pump and dump deals.

One way that these pump and dumpers avoid US persecution is by conducting their trading activities overseas, dealing with overseas investors where regulators may not come at that so harshly, it is widely known that penny stock companies that are based in Canada but trade on the Pink Open Market or the OTCQB, which is the venture market, are notorious for pump and dump schemes as well as issuing stock at will. Amazing that this is possible but it is, scary actually, kind of like when Vanderbilt got scammed from a company printing millions of shares of their own stock in their basement.

So if you are an investor and are pitched a company that shows “SHELL RISK” then run run and keep running, your money is better used to light your fireplace as opposed to filling someone else’s pockets up.
Another red flag is when a company rolls their stock back and then all of a sudden you begin to see heavy activity and the stock moving up fast, all this means is that all the poor schmucks from the last circus with the same stock got pushed out of the shares and now new ones are buying it. Its how this all works folks, it’s a rough and tumble atmosphere that is not for the faint of heart, if you can’t take the risk then don’t buy the penny stocks, if you lose your investment then don’t cry about it because you have been warned, well at least by me at this point.

Keep in mind just because a penny stock is up to date with their financial reporting doesn’t make it a good investment , it just means they are showing you part of their hands however if you choose to dive into a publicly traded company like that just know the risks as they are high, know that you make lose all of your investment.

I’d recommend listening to the Watchdog on Wall Street Podcast where Christopher Markowski takes on Wall Street and the Scams for the benefit of the people.
https://watchdogonwallstreet.com/

This is also good reading which will allow investors to be informed from Investopia , it highlights the mechanics of a Pump and Dump scam: “The stock is usually promoted as a “hot tip” or “the next big thing” with details of an upcoming news announcement that will “send the stock through the roof.” The details of each individual pump and dump scam tend to be different but the scheme always boils down to a basic principle: shifting supply and demand.” https://www.investopedia.com/ask/answers/05/061205.asp

Additional Articles to take a look at:
“Why do people buy a stock even when they know there’s a good chance its price is manipulated? Because they want to get rich, whatever the risks.”
https://qz.com/1148413/people-invest-in-pen...they-are-scams/

“No stock quadruples or quintuples in price over a few days and continues to rise. What goes up really does come down, usually as quickly as it went up. When touts say a stock is about to “go parabolic,” that’s often literally the case. It may well return to the range it traded in before it was pumped.”
https://www.securitieslawyer101.com/2018/ho...nny-stock-scam/

“The Securities and Exchange Commission charged three men who live in Israel in connection with a penny-stock scam that may have wider implications. The SEC says the three men bought shares in microcap stocks, and then pumped them up via thousands of promotional emails so they could dump the stock later at inflated prices and for substantial profits.”
https://www.marketwatch.com/story/sec-penny...hack-2015-07-22

“Two US businessmen made more than $15 million over five years by allegedly scamming “elderly and unsophisticated” pensioners through an elaborate pump-and-dump scheme that stretched from Florida to Switzerland to Colombia, according to the FBI and SEC. Michael J. Black and Garrett O’Rourke acquired millions of shares in small public companies for as little as one ten-thousandth of a cent—that’s $0.000001—while hiding their ownership stakes by funneling the stocks through shells based offshore in Malta, according to an FBI affidavit reviewed by Quartz”.
https://qz.com/1675811/how-an-undercover-fb...ar-stock-fraud/


“The temptations of penny stocks are legion. It’s hard to resist a cheap stock, especially a “sub-penny,” which is worth a teensy fraction of a cent. Loading up on a few hundred thousand shares looks impressive on your account statements and holds out the promise of massive profits if the company succeeds. Unfortunately, most penny stocks will stay just that, and there are more scams than legitimate opportunities in this corner of the investment world.”

https://finance.zacks.com/avoid-penny-stock-scams-9617.html


“However, the SEC found that a quarter of the money raised went to pay personal expenses, while another quarter of the amount raised ultimately paid for undisclosed commissions. The defendants named in the case were NIT Enterprises’ CEO Gary R. Smith plus Jason M. Ganton, and James E. Cleary, Jr., and the SEC clarified that Ganton and Cleary were both previously banned by the SEC regarding selling penny stocks. “
https://securityaffairs.co/wordpress/94869/...stock-scam.html

“Here’s how the stock spammers make their money. Before doing any spamming, they buy up a lot of shares in a penny stock—let’s call it “X Co” with ticker symbol XCOM. I can buy, say, 100,000 shares of XCOM for just $1000 if it’s trading at $0.01 (one cent) per share. If I can drive the price up to just $0.02 (two cents) I can double my money. If I can drive it up to just $0.03 (three cents) I can triple my money. So, after I buy a big load of XCOM shares at one cent each, I send out a massive spam to millions of people. It says something like, “Hey, have you heard the news about XCOM that’s going to be released tomorrow? This stock is going to explode! Get in now and you’ll make a fortune with XCOM!”
https://scamhunter.org/how-do-penny-stock-scams-work/

J.Stein

https://pictr.com/images/2020/08/15/7S5lFY.md.png

https://pictr.com/images/2020/08/15/7S51BZ.md.png

https://pictr.com/images/2020/08/15/7S5pGJ.md.png

https://pictr.com/images/2020/08/15/7S5GCn.md.jpg
ttpmoneygame P
post Aug 15 2020, 04:23 PM

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QUOTE(ttpmoneygame @ Aug 15 2020, 04:22 PM)
Investors Beware of Pink Sheet Penny Stock Scams

As more broker dealers are edging away from the commission model and gearing towards the money management model it is eliminating the opportunities of yesteryear for stockbrokers. If they are not in the money management game then they are systematically having their livelihood chopped down one stock at a time. This may be a good thing for investors potentially but as with what transpired during the days of Stratton Oakmont, we may see a resurgence of the chop houses pushing less desirable securities to unsuspecting dice rollers so that these promoters and stockbrokers can supplement their income.
Now using the term less desirable just means securities that are borderline shell deals and provide their own level of risk. These usually trade on the OTC Pink Sheets or now referred to as the Pink Open Market which you can find on OTC Markets and they may be listed there due to them being listed on a foreign exchange or if they are a US based company they are listed there because they may be in financial distress or in default and are the most speculative of all of OTC Markets Group’s platforms.
These penny stock companies on the Pink Open Market do not have to adhere to any particular disclosure requirements or financial standards, basically a company traded on that platform can have zero assets but still have a market cap. This is deceiving to investors as they have no way to really value these companies, which for the most part just may be blank check companies or publicly traded shell companies.
There are a cornucopia of different companies that trade on this exchange and their risk level, even at the lowest, is pretty high. So if you are not a sophisticated investor you should run for the hills because you will not know what hit you once the rug is pulled out from underneath you. The companies listed there could be delinquent companies, very dark companies and so much worse.
Some of these companies have negative assets on the balance sheets and still by some special skill set of overseas and even domestic stock promoters and brokers have the ability to take a company that has little to no value, that may have been trading at 10 cents and run the stock up into the $1-5 range only to see the stock slide down once the promoter has their fill and there are no other investors to throw into the den.
Back during the Stratton Oakmont days there were a number of boutique brokerage firms that preyed on investors by pushing these type of empty companies and taking big cuts for doing so, these illiquid securities were on the Pink Sheets and OTCBB market during that time, now they are primarily on the Pink Open Market as OTC Market Group does put certain things in place to try to prevent fraud and scam companies but they can only do so much.
If you watch the movie “Wolf of Wall Street” you will see some of what transpired during that time but the funny thing is that they were doing this with Nasdaq listed companies and not just penny stocks, but trust me there were more than enough scam brokerage firms robbing investors blind with penny stocks and probably a handful still doing it now, even with major regulations being in place. But that’s why such promoters and stockbrokers get banned, jailed and fined.
These Pink Sheet companies are classified into a few different categories to at least give an investor a fighting chance when they are doing their due diligence and its based on the quality and quantity of the information that they provide to investors.
Current information companies are probably the easiest to do due diligence on as they follow the rules in some respect and are probably seeking to up list to a higher market, so they adhere to the International Reporting Standard or the Alternative Reporting Standard, basically both paths offer investors real information to work with and they are publicly available through OTC Disclosure. Even then those penny stocks may just filing 10Q’s, 10K’s, 8K’s and such just to keep somewhat current and not become a shell risk or have the skull and crossbones on their listing.
Then you have companies that provide limited information and they are usually companies in trouble, in some type of financial distress, accounting issues and even bankruptcy. You also have companies that just refuse to meet the OTC Pink Basic Disclosure Guidelines which is a big red flag across the board. Lastly you have the companies that provide no information at all and those are the ones you run for the hills from.
Any broker dealer that provides a market for these securities in the USA are regulated by FINRA and registered with the SEC, this is in an effort to provide the best execution for a trade but all of that doesn’t matter if the penny stock is being run up on hot air only to come tumbling down at some point when it hits its high point and all the promoters and special shareholders have dumped their shares on unassuming investors which will leave a bunch of people holding the bag in the end.
The run up may attract risk takers to roll the dice and jump in and out but most times the spread is so wide that its almost impossible to make those quick trades so the risk is hour to hour, literally. The FBI once informed by the SEC or other authorities do keep a close eye on situations such as this but they more than likely won’t strike until later on which doesn’t help investors today but they do look into these pump and dump deals.
One way that these pump and dumpers avoid US persecution is by conducting their trading activities overseas, dealing with overseas investors where regulators may not come at that so harshly, it is widely known that penny stock companies that are based in Canada but trade on the Pink Open Market or the OTCQB, which is the venture market, are notorious for pump and dump schemes as well as issuing stock at will. Amazing that this is possible but it is, scary actually, kind of like when Vanderbilt got scammed from a company printing millions of shares of their own stock in their basement.
So if you are an investor and are pitched a company that shows “SHELL RISK” then run run and keep running, your money is better used to light your fireplace as opposed to filling someone else’s pockets up.
Another red flag is when a company rolls their stock back and then all of a sudden you begin to see heavy activity and the stock moving up fast, all this means is that all the poor schmucks from the last circus with the same stock got pushed out of the shares and now new ones are buying it. Its how this all works folks, it’s a rough and tumble atmosphere that is not for the faint of heart, if you can’t take the risk then don’t buy the penny stocks, if you lose your investment then don’t cry about it because you have been warned, well at least by me at this point.
Keep in mind just because a penny stock is up to date with their financial reporting doesn’t make it a good investment , it just means they are showing you part of their hands however if you choose to dive into a publicly traded company like that just know the risks as they are high, know that you make lose all of your investment.
I’d recommend listening to the Watchdog on Wall Street Podcast where Christopher Markowski takes on Wall Street and the Scams for the benefit of the people.
https://watchdogonwallstreet.com/
This is also good reading which will allow investors to be informed from Investopia , it highlights the mechanics of a Pump and Dump scam: “The stock is usually promoted as a “hot tip” or “the next big thing” with details of an upcoming news announcement that will “send the stock through the roof.” The details of each individual pump and dump scam tend to be different but the scheme always boils down to a basic principle: shifting supply and demand.” https://www.investopedia.com/ask/answers/05/061205.asp
Additional Articles to take a look at:
“Why do people buy a stock even when they know there’s a good chance its price is manipulated? Because they want to get rich, whatever the risks.”
https://qz.com/1148413/people-invest-in-pen...they-are-scams/
“No stock quadruples or quintuples in price over a few days and continues to rise. What goes up really does come down, usually as quickly as it went up. When touts say a stock is about to “go parabolic,” that’s often literally the case. It may well return to the range it traded in before it was pumped.”
https://www.securitieslawyer101.com/2018/ho...nny-stock-scam/
“The Securities and Exchange Commission charged three men who live in Israel in connection with a penny-stock scam that may have wider implications. The SEC says the three men bought shares in microcap stocks, and then pumped them up via thousands of promotional emails so they could dump the stock later at inflated prices and for substantial profits.”
https://www.marketwatch.com/story/sec-penny...hack-2015-07-22
“Two US businessmen made more than $15 million over five years by allegedly scamming “elderly and unsophisticated” pensioners through an elaborate pump-and-dump scheme that stretched from Florida to Switzerland to Colombia, according to the FBI and SEC. Michael J. Black and Garrett O’Rourke acquired millions of shares in small public companies for as little as one ten-thousandth of a cent—that’s $0.000001—while hiding their ownership stakes by funneling the stocks through shells based offshore in Malta, according to an FBI affidavit reviewed by Quartz”.
https://qz.com/1675811/how-an-undercover-fb...ar-stock-fraud/
“The temptations of penny stocks are legion. It’s hard to resist a cheap stock, especially a “sub-penny,” which is worth a teensy fraction of a cent. Loading up on a few hundred thousand shares looks impressive on your account statements and holds out the promise of massive profits if the company succeeds. Unfortunately, most penny stocks will stay just that, and there are more scams than legitimate opportunities in this corner of the investment world.”
https://finance.zacks.com/avoid-penny-stock-scams-9617.html
“However, the SEC found that a quarter of the money raised went to pay personal expenses, while another quarter of the amount raised ultimately paid for undisclosed commissions. The defendants named in the case were NIT Enterprises’ CEO Gary R. Smith plus Jason M. Ganton, and James E. Cleary, Jr., and the SEC clarified that Ganton and Cleary were both previously banned by the SEC regarding selling penny stocks. “
https://securityaffairs.co/wordpress/94869/...stock-scam.html
“Here’s how the stock spammers make their money. Before doing any spamming, they buy up a lot of shares in a penny stock—let’s call it “X Co” with ticker symbol XCOM. I can buy, say, 100,000 shares of XCOM for just $1000 if it’s trading at $0.01 (one cent) per share. If I can drive the price up to just $0.02 (two cents) I can double my money. If I can drive it up to just $0.03 (three cents) I can triple my money. So, after I buy a big load of XCOM shares at one cent each, I send out a massive spam to millions of people. It says something like, “Hey, have you heard the news about XCOM that’s going to be released tomorrow? This stock is going to explode! Get in now and you’ll make a fortune with XCOM!”
https://scamhunter.org/how-do-penny-stock-scams-work/
J.Stein
<a href='https://pictr.com/images/2020/08/15/7S5lFY.md.png' target='_blank'>https://pictr.com/images/2020/08/15/7S5lFY.md.png </a>
<a href='https://pictr.com/images/2020/08/15/7S51BZ.md.png' target='_blank'>https://pictr.com/images/2020/08/15/7S51BZ.md.png </a>
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<a href='https://pictr.com/images/2020/08/15/7S5GCn.md.jpg' target='_blank'>https://pictr.com/images/2020/08/15/7S5GCn.md.jpg </a>
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MakNok
post Aug 15 2020, 09:13 PM

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QUOTE(ttpmoneygame @ Aug 15 2020, 04:23 PM)

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wait..Monspace still got meh?
i saw The Earth macam all tutup liao.
T231H
post Aug 15 2020, 09:24 PM

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QUOTE(MakNok @ Aug 15 2020, 09:13 PM)
wait..Monspace still got meh?
i saw The Earth macam all tutup liao.
*
What is the date printed in that cert?
Now on hp.. Cannot see.
MakNok
post Aug 15 2020, 09:32 PM

Look at all my stars!!
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QUOTE(T231H @ Aug 15 2020, 09:24 PM)
What is the date printed in that cert?
Now on hp.. Cannot see.
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macam 3 Nov 2018
ttpmoneygame P
post Aug 15 2020, 11:09 PM

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Ponzi schemes hit highest level in a decade, hinting next ‘investor massacre’ may be near

How to identify a Ponzi scheme

Named after the 1920s fraudster, Charles Ponzi – who promised investors in New England a 40% return on their investments in 90 days, compared with 5% interest earned in savings accounts – the Ponzi scheme is the oldest and most common type of investment fraud.

In its simplest form, a Ponzi scheme is essentially a pyramid scheme that operates on the basis of ‘robbing Peter to pay Paul’. The promoter (or the fraudster setting up the Ponzi scheme) pays the initial investors enormous returns using the investments of later investors rather than from business profits. Ponzi schemes generally have no viable business model and very rarely generate any legitimate profits of their own. Their survival is dependent on a constant flow of new investor money which, if not found, will result in the ultimate collapse of the entire swindle.

A Ponzi scheme can take any shape or form – depending on the inventive imagination of the promoter – and can be run by anyone with an inclination for chicanery. In most Ponzi schemes, the promoter and early investors will make the most money and live lavish lifestyles, whereas the later investors will inevitably lose everything.

In the early stages of a Ponzi scheme’s existence, the promoter pays out high returns ‘as promised’ to build trust with the early investors and encourage new investors. Once the supply of new investors inevitably dries up and the promoter is unable to pay out returns, investors become suspicious and distrustful.

Sadly, investors are often slow to admit that they’ve fallen victim to a Ponzi scheme. Besides the understandable anguish of being perceived as both foolish and greedy, many fear that public exposure will create a crisis of confidence that could create a run on the promoter and make matters worse. Clinging to even the smallest fragment of hope, investors have been known to go to enormous lengths to protect the promoter in the hopes that they can recover some money.

When it comes to investing, it is advisable to exercise great caution and look out for any of the following warning signs:

1. Abnormally high investment returns

The most obvious sign of any investment skulduggery is the promise of an abnormally high investment return. While Ponzi schemes may take a variety of forms, they all follow the same intrinsic theme: investors are promised they will make a much higher return than can be achieved through any conventional investment opportunity. When analysing investment opportunities, remember the adage: if it’s too good to be true, it probably is.

2. Guaranteed returns

The words ‘guaranteed returns’ are designed to trigger both deep-seated investor greed and the willing belief that this is a ‘sure-fire thing’. However, when it comes to investing, no return is ever guaranteed and even the most modest investment carries some risk. Greed is your greatest enemy when investing. Be highly suspicious of anyone who offers you a guaranteed return on your investment.

3. Consistently high performance

By their very nature, the investment markets rise and fall over time, and your returns in any reputable investment will reflect these market fluctuations. Be sceptical of any investment that promises consistently positive returns regardless of overall market conditions.

4. Vague business model

If you don’t understand the business model after a five-minute explanation, stay away. The investment’s business model should be easy to understand and, as an investor, one should be clear where and how returns are generated. Fraudsters are notorious for using complicated verbal constructs such as ‘hedge future trading’, ‘high yield investment’ and ‘offshore investment program’ to intimidate would-be investors. These are smoke-and-mirror tactics used to confuse and bully investors. As Warren Buffett is famous for saying: “Never invest in a business you can’t understand.”

5. The need for more investors

The survival of any Ponzi scheme is dependent on its ability to continually attract new investors. Without an ongoing stream of new investors, the fraudster is unable to pay the previous investors, and the whole scheme will unravel. If you are pressured into finding new investors or offered rewards for introducing new investors, alarm bells should be reverberating.

6. Pressure to reinvest

Ponzi schemes will collapse without regular income or if too many investors withdraw their funds. To remain afloat, the promoter will offer investors higher returns if they don’t cash out or if they reinvest their money. While on paper investors believe their investments are gaining incomparable ground, the truth is that most Ponzi schemes don’t make any investments on behalf of their investors at all. If you’re pressured or rewarded for reinvesting, be alarmed.

7. The pressure to act now

Ponzi fraudsters are also notorious for creating a false sense of urgency by leading the investor to believe the deal is only valid for a limited time. The investment opportunity is often shrouded in secrecy, and the investor is pressured to ‘act now’ while the ‘once-in-a-lifetime’ window of opportunity stands obscurely and suspiciously ajar. The pressure to invest within a certain period is foreign to sound investing principles and should be considered a red flag.

8. Credibility through association

A Ponzi scheme promoter generally creates an air of exclusivity by luring would-be investors into his inner circle of family and friends. By proximity to those who are close to the fraudster, the investor’s fears are allayed – after all, foxes never prey near their dens and thieves don’t rob from their own homes. This is a powerful psychological tactic used by fraudsters to build credibility through association with reputable people who are known to them. Remember, Bernie Madoff managed to deceive those nearest and dearest to him, including his sons.

As enticing as the notion of making money can be, the most effective way of creating sustainable wealth is by investing for the long term through reputable and credible institutions who have proven their mettle.


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Pakatan SinMa Plus
post Aug 16 2020, 11:35 AM

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QUOTE(ttpmoneygame @ Aug 15 2020, 04:22 PM)
Investors Beware of Pink Sheet Penny Stock Scams

Are you referring to agape atp company?

askagape
post Aug 16 2020, 01:09 PM

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Agape has finally posted a positive income, no wonder CEO so confident about NYSE uplifting rclxm9.gif
https://www.otcmarkets.com/stock/AATP/financials
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Should have acquired Agape Superior Living Sdn. Bhd.(ASL) since starting, it just cost $1,714,003, so cheap. else last year already listing in NYSE with positive income posted. bruce.gif
https://www.marketwatch.com/press-release/1...corp-2020-08-13
http://agapeatpgroup.com/index.php/media-l...oom/120-atp-asl
https://www.sec.gov/Archives/edgar/data/171...314/form8-k.htm

Agape ATP Corporation, a Nevada corporation ("the Company") was incorporated under the laws of the State of Nevada on June 1, 2016.

Agape ATP Corporation operates through its wholly owned subsidiary, Agape ATP Corporation, a Company organized in Labuan, Malaysia.

Agape ATP Corporation, incorporated in Labuan, Malaysia, is an investment holding company with 100% equity interest in Agape ATP International Holding Limited, a company incorporated in Hong Kong.

On May 8, 2020, the Company entered into a Share Exchange Agreement with Mr. How Kok Choong, CEO and director of the Company to acquire 9,590,596 ordinary shares, no par value, equivalent to approximately 99.99% of the equity interest in Agape Superior Living Sdn. Bhd., an entity incorporated in Malaysia.


MUM
post Aug 16 2020, 01:17 PM

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Just 1 time profit out of multiple years of losses.....
Good track record?
Could it be due to partial "creative" accounting too"?
mckoh
post Aug 16 2020, 02:51 PM

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Btw, Dswiss OTC price shot up from USD2 to USD8.2! Any news or why the sudden big jump?
SUSyklooi
post Aug 16 2020, 03:29 PM

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QUOTE(mckoh @ Aug 16 2020, 02:51 PM)
Btw, Dswiss OTC price shot up from USD2 to USD8.2! Any news or why the sudden big jump?
*
hopefully the above was bcos of the "unlocking" of this below 2 postings....
anyway, how is the status of your previous predicament as per below posting?

hopefully it was the "unlocking" reason, and not another trap to traps unsuspecting investors (buy more now else may lose out sales pitch....where the investors are not told that the purchased shares will have a hard time to redeem)

QUOTE(mckoh @ Feb 20 2020, 03:55 PM)
Hi. Did anyone invested in DSwiss shares? i invested in DSwiss since 2016 and till now its still in OTC. They promised back then got lock in period of 2 years which was over last year. Till now i unable to sell it at OTC and just waiting for the company to uplift to Nasdaq
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QUOTE(mckoh @ Feb 24 2020, 10:38 AM)
The big problem is we can only do the trading on OTC markets. i have checked with so many brokers and not one broker is able to accept the Dswiss shares to help trade it. Anyone has any recommendations of brokers? I also called DSwiss and have personally met Mr Vincent(CEO of DSwiss) on how to solve this issue. He only mentioned we can only do free trade or private sales tradings. btw, those tradings that was done on the charts are actually insiders trading. Meaning investors like us wanted to sell their shares and they look for other buyers by themselves. First and foremost, u must make share that your DSwiss shares is not restricted. if its restricted, u need to check with DSwiss company and ask them to un-restrict the shares. u need to pay V Stocks a fees to do this procedure.
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This post has been edited by yklooi: Aug 16 2020, 03:40 PM
CoronaV
post Aug 16 2020, 06:16 PM

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QUOTE(yklooi @ Aug 16 2020, 03:29 PM)
hopefully the above was bcos of the "unlocking" of this below 2 postings....
anyway, how is the status of your previous predicament as per below posting?

hopefully it was the "unlocking" reason, and not another trap to traps unsuspecting investors (buy more now else may lose out sales pitch....where the investors are not told that the purchased shares will have a hard time to redeem)
*
I've been following this company awhile still wonder are they legitimate? First company listed in NYSE?
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post Aug 16 2020, 06:29 PM

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QUOTE(CoronaV @ Aug 16 2020, 06:16 PM)
I've been following this company awhile still wonder are they legitimate? First company listed in NYSE?
*
yes i think that company is a legitimate company....
they did not promise you actual returns within a certain time frame....(not like those money market games)
they "invite" you to join their company as an investors (by putting in some money in their company that will be listed)....my only concern is their final end plan

yes, first company in malaysia to be listed in NYSE....
as per their website
"This is because AGAPE ATP Corporation planned to become the first Malaysian company to be listed in the New York Stock Exchange (NYSE) in the year 2020."
https://agapeatp.com/index.php/en/news/dist...evement-award-8
my only concern is whether those "retail" investors can ever get back their money.

well, my only concern, but i don't really care about those concerns too, as i did not buy into it.
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post Aug 16 2020, 06:45 PM

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QUOTE(yklooi @ Aug 16 2020, 06:29 PM)
yes i think that company is a legitimate company....
they did not promise you actual returns within a certain time frame....(not like those money market games)
they "invite" you to join their company as an investors (by putting in some money in their company that will be listed)....my only concern is their final end plan

yes, first company in malaysia to be listed in NYSE....
as per their website
"This is because AGAPE ATP Corporation planned to become the first Malaysian company to be listed in the New York Stock Exchange (NYSE) in the year 2020."
https://agapeatp.com/index.php/en/news/dist...evement-award-8
my only concern is whether those "retail" investors can ever get back their money.

well, my only concern, but i don't really care about those concerns too, as i did not buy into it.
*
your concerns is as per post 353, page 18? biggrin.gif
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post Aug 17 2020, 09:05 PM

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QUOTE(mckoh @ Aug 16 2020, 02:51 PM)
Btw, Dswiss OTC price shot up from USD2 to USD8.2! Any news or why the sudden big jump?
*
When i observe the trade data, i found that the volume is really small. There was no trade from 2nd April to 3rd Aug. Then, the price goes up from usd2 to usd8.5 at 100 shares traded.

Does it mean that 1 person (or a group of people) bought the 100 shares at usd8.50, so the price becomes usd8.50?

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post Aug 17 2020, 11:05 PM

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QUOTE(askagape @ Aug 16 2020, 01:09 PM)
Agape has finally posted a positive income, no wonder CEO so confident about NYSE uplifting  rclxm9.gif
https://www.otcmarkets.com/stock/AATP/financials
Attached Image
Should have acquired Agape Superior Living Sdn. Bhd.(ASL) since starting, it just cost $1,714,003, so cheap. else last year already listing in NYSE with positive income posted.  bruce.gif
https://www.marketwatch.com/press-release/1...corp-2020-08-13
http://agapeatpgroup.com/index.php/media-l...oom/120-atp-asl
https://www.sec.gov/Archives/edgar/data/171...314/form8-k.htm

Agape ATP Corporation, a Nevada corporation ("the Company") was incorporated under the laws of the State of Nevada on June 1, 2016.

Agape ATP Corporation operates through its wholly owned subsidiary, Agape ATP Corporation, a Company organized in Labuan, Malaysia.

Agape ATP Corporation, incorporated in Labuan, Malaysia, is an investment holding company with 100% equity interest in Agape ATP International Holding Limited, a company incorporated in Hong Kong.

On May 8, 2020, the Company entered into a Share Exchange Agreement with Mr. How Kok Choong, CEO and director of the Company to acquire 9,590,596 ordinary shares, no par value, equivalent to approximately 99.99% of the equity interest in Agape Superior Living Sdn. Bhd., an entity incorporated in Malaysia.
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I am a newbie in investment, I am still learning to read financial statements. Hope @askagape can advise on the following:
1. There is no revenue, but only expenses in Q12020. Does it mean the company was not doing any business in Q12020?
2. If I check the annual income statement ended in Jun2019, there is a loss of usd519k. How about the annual income statement ended in Jun20? is the annual report available now?
3. In the cash flow section of the company, there is a huge "Total Cash Flow From Investing Activities" for usd1210k. can you please elaborate more about the investing activities that brings in the huge amount of money?


askagape
post Aug 20 2020, 10:43 AM

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S1 form of IPO Investment Prospectus already submitted on 2020-07-20, don't play play bruce.gif

https://sec.report/Document/0001493152-20-013599/

hope for good news soon thumbup.gif
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post Aug 20 2020, 10:54 AM

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hopefully, it will not end up with the same results of previous happenings too...
money still not able to be withdrawn after "listing" in the OTC market.
will money be able to be withdrawn after this listing?
what make this time will NOT be like last time?
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post Aug 21 2020, 10:54 AM

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QUOTE(askagape @ Aug 20 2020, 10:43 AM)
S1 form of IPO Investment Prospectus already submitted on 2020-07-20, don't play play  bruce.gif

https://sec.report/Document/0001493152-20-013599/

hope for good news soon  thumbup.gif
*
In Page F-16, it is mentioned that Mr How is the sole shareholders for the companies below. How about other investors who had invested into Agape? Mind to share what is their status currently?

Agape S.E.A. Sdn Bhd(1): Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape S.E.A. Sdn Bhd
Agape Superior Living Sdn Bhd: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape Superior Living Sdn Bhd
Agape ATP (Asia) Limited: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape ATP (Asia) Limited.

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post Aug 21 2020, 07:08 PM

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QUOTE(Pakatan SinMa Plus @ Aug 21 2020, 10:54 AM)
In Page F-16, it is mentioned that Mr How is the sole shareholders for the companies below. How about other investors who had invested into Agape? Mind to share what is their status currently?

Agape S.E.A. Sdn Bhd(1): Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape S.E.A. Sdn Bhd
Agape Superior Living Sdn Bhd: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape Superior Living Sdn Bhd
Agape ATP (Asia) Limited: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape ATP (Asia) Limited.
*
This is funny. He is the company sole shareholder? That means he will distribute profit privately? A bit sucker made to wait like yklooi mentioned earlier haha
askagape
post Aug 21 2020, 11:52 PM

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Thought Greenpro already MIA, rupa-rupa still in action behind the scene tongue.gif So nice give Greenpro shareholders free DQWS shares in OTC market as dividend blush.gif

https://finance.yahoo.com/news/greenpro-spi...-124000465.html

QUOTE
Greenpro Capital Corp. (NASDAQ:GRNQ) announced that it will distribute twelve million (12 million) shares of common stock of D'Swiss, Inc. ("DQWS") to GRNQ's shareholders of record on September 30, 2020.



Eh wait.... DQWS is planning to uplist to mainboard stock exchange in few more months, why give up the stocks that will jump in stock price during IPO confused.gif


QUOTE
DQWS shares are quoted on the OTC Pink sheets and DQWS plans to apply to up-list to a mainboard stock exchange in 2021. The recent closing price of DQWS was $8.50 which represents a dividend value of $102 million to GRNQ shareholders. GRNQ owns a total of 27 million shares of DQWS. The dividend will comprise approximately one (1) share of DQWS common stock for approximately every 5 shares of GRNQ common stock issued and outstanding on the record date.

CEO CK Lee said, "We are very pleased to reward our loyal shareholders with this valuable dividend. D'Swiss has been thriving throughout the pandemic via sales of their healthcare product lines. We plan several more dividends this year of other companies we are currently incubating and that are quoted on the OTC Pink Sheets."

MUM
post Aug 22 2020, 01:50 AM

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QUOTE(askagape @ Aug 21 2020, 11:52 PM)
Thought Greenpro already MIA, rupa-rupa still in action behind the scene  tongue.gif  So nice give Greenpro shareholders free DQWS shares in OTC market as dividend blush.gif 

https://finance.yahoo.com/news/greenpro-spi...-124000465.html
Eh wait.... DQWS is planning to uplist to mainboard stock exchange in few more months, why give up the stocks that will jump in stock price during IPO confused.gif
*
ha-ha....be careful for it those shares given (as dividend) may end up as this case as below too....
then you may end up as another number in the statistics?

QUOTE(,Feb 20 2020, 03:55 PM)
Hi. Did anyone invested in DSwiss shares? i invested in DSwiss since 2016 and till now its still in OTC. They promised back then got lock in period of 2 years which was over last year. Till now i unable to sell it at OTC and just waiting for the company to uplift to Nasdaq
*
"waiting" to be listed story again ....

This post has been edited by MUM: Aug 22 2020, 09:15 AM
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post Aug 22 2020, 09:35 AM

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QUOTE(CoronaV @ Aug 21 2020, 07:08 PM)
This is funny. He is the company sole shareholder? That means he will distribute profit privately? A bit sucker made to wait like yklooi mentioned earlier haha
*
Yea. I was confused when I saw in the link that @askagape shared. Hence, I am clarifying with him. Still waiting for his reply here.
askagape
post Aug 23 2020, 12:32 PM

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Greenpro Capital Corp is a Malaysia Company and it is listed in Nasdaq... Does that mean Greenpro Capital Corp is the first Malaysia company to get listed in US Major Stock Exchange? confused.gif

So Agape no longer can be the first but will be become the second Malaysia company to get listed in US Major Stock Exchange like NYSE or Nasdaq? shakehead.gif Nevermind… as long as can get uplifting to NYSE or Nasdaq, I think no shareholder will care about being first or second lar rolleyes.gif


https://finance.yahoo.com/news/greenpro-spi...-124000465.html

About Greenpro Capital Corp.

Headquartered in Kuala Lumpur, Malaysia with strategic offices across Asia, Greenpro Capital Corp. (Nasdaq: GRNQ) is a business incubator and multinational conglomerate with a diversified business portfolio comprising finance, technology, banking, CryptoSx for STOs, health and wellness and fine art. With 30 years of experience in various industries, Greenpro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. We also operate venture capital businesses, including business development for start-ups and high growth companies, covering finance, technology, FinTech, and health and wellness. For further information regarding the Company, please visit http://www.greenprocapital.com.


MUM
post Aug 23 2020, 01:02 PM

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from that article...

Forward-Looking Statements This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy.
The words or phrases "plans," "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think," "considers" or similar expressions are intended to identify "forward-looking statements."
These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections.

Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties.
Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission.

Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

This post has been edited by MUM: Aug 23 2020, 01:04 PM
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post Aug 23 2020, 02:40 PM

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QUOTE(askagape @ Aug 23 2020, 12:32 PM)
Greenpro Capital Corp is a Malaysia Company and it is listed in Nasdaq... Does that mean Greenpro Capital Corp is the first Malaysia company to get listed in US Major Stock Exchange?  confused.gif

So Agape no longer can be the first but will be become the second Malaysia company to get listed in US Major Stock Exchange like NYSE or Nasdaq?  shakehead.gif  Nevermind… as long as can get uplifting to NYSE or Nasdaq, I think no shareholder will care about being first or second lar  rolleyes.gif
https://finance.yahoo.com/news/greenpro-spi...-124000465.html

About Greenpro Capital Corp.

Headquartered in Kuala Lumpur, Malaysia with strategic offices across Asia, Greenpro Capital Corp. (Nasdaq: GRNQ) is a business incubator and multinational conglomerate with a diversified business portfolio comprising finance, technology, banking, CryptoSx for STOs, health and wellness and fine art. With 30 years of experience in various industries, Greenpro has been assisting and supporting businesses and High-Net-Worth-Individuals to capitalize and securitize their value on a global scale through the provision of cross-border business solutions, spinoffs on major stock exchanges and accounting outsourcing services to small and medium-size businesses located in Asia. The comprehensive range of cross-border business services include, but are not limited to, trust and wealth management, listing advisory services, transaction services, cross-border business solutions, record management services, accounting outsourcing services and tax advisory services. We also operate venture capital businesses, including business development for start-ups and high growth companies, covering finance, technology, FinTech, and health and wellness. For further information regarding the Company, please visit http://www.greenprocapital.com.
*
just sharing. From the source below, its HQ is at HK.

GreenPro Capital Group (NASDAQ: GRNQ) is a US Nasdaq listed multinational financial services company headquartered in Hong Kong. With more than 30 years of experience in the finance industry, GreenPro has accumulated a significant number of global professional certificates and strategic offices across the Asia Pacific region, which includes Kuala Lumpur, Taipei City, Bangkok, and Shenzhen.
We started as a small accounting firm a decade ago and managed to transformed ourselves into the full range of financial services covering 4 major areas in New Finance such as Corporate Advisory, Wealth Management, Incubation and Fin-Tech. To serve our regional wide clients more comprehensively and sufficiently, we are proud to have nurtured a group of passionate talents working delicately for our clients and having a diversified service portfolios to cater to our client needs.
(Source: http://www.greenprocapital.com/home/about-us/)
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post Aug 23 2020, 02:53 PM

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QUOTE(Pakatan SinMa Plus @ Aug 21 2020, 10:54 AM)
In Page F-16, it is mentioned that Mr How is the sole shareholders for the companies below. How about other investors who had invested into Agape? Mind to share what is their status currently?

Agape S.E.A. Sdn Bhd(1): Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape S.E.A. Sdn Bhd
Agape Superior Living Sdn Bhd: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape Superior Living Sdn Bhd
Agape ATP (Asia) Limited: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape ATP (Asia) Limited.
*
QUOTE(Pakatan SinMa Plus @ Aug 23 2020, 02:40 PM)
just sharing. From the source below, its HQ is at HK.

GreenPro Capital Group (NASDAQ: GRNQ) is a US Nasdaq listed multinational financial services company headquartered in Hong Kong. With more than 30 years of experience in the finance industry, GreenPro has accumulated a significant number of global professional certificates and strategic offices across the Asia Pacific region, which includes Kuala Lumpur, Taipei City, Bangkok, and Shenzhen.
We started as a small accounting firm a decade ago and managed to transformed ourselves into the full range of financial services covering 4 major areas in New Finance such as Corporate Advisory, Wealth Management, Incubation and Fin-Tech. To serve our regional wide clients more comprehensively and sufficiently, we are proud to have nurtured a group of passionate talents working delicately for our clients and having a diversified service portfolios to cater to our client needs.
(Source: http://www.greenprocapital.com/home/about-us/)
*
thumbup.gif nice info you provided thumbsup.gif
notworthy.gif notworthy.gif
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post Aug 23 2020, 04:37 PM

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QUOTE(yklooi @ Aug 23 2020, 02:53 PM)
thumbup.gif nice info you provided  thumbsup.gif
notworthy.gif  notworthy.gif
*
Thanks. biggrin.gif I really spent time to read on the links and resources that @askagape shared here, and raised my questions in order to understand more about this company. But too bad my questions here are seldom being answered.
askagape
post Aug 26 2020, 01:42 PM

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why agape shareholder trust their CEO so much, see how much shares they got from their investment during 2017 rclxm9.gif can instantly become millionaire and retired to travel around the world after get listed in NYSE thumbup.gif

https://sec.report/Document/0001690824-17-000101/
Attached Image

somemore this is just with IPO price of $1, not the current $7.5 at OTC. In 2017 there is only 80 people join as shareholders.... I heard there is around 1600 shareholders now right? cannot imagine how much economy boom this will bring to Malaysia next year bruce.gif

Attached Image

abit confusing to me... maybe that's why the 2017 attempt to list in NYSE fail...
Attached Image


P/S: why name the company as HKC??


This post has been edited by askagape: Aug 26 2020, 01:46 PM
Pakatan SinMa Plus
post Aug 26 2020, 02:07 PM

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QUOTE(askagape @ Aug 26 2020, 01:42 PM)
why agape shareholder trust their CEO so much, see how much shares they got from their investment during 2017  rclxm9.gif  can instantly become millionaire and retired to travel around the world after get listed in NYSE  thumbup.gif

https://sec.report/Document/0001690824-17-000101/
Attached Image

somemore this is just with IPO price of $1, not the current $7.5 at OTC. In 2017 there is only 80 people join as shareholders.... I heard there is around 1600 shareholders now right? cannot imagine how much economy boom this will bring to Malaysia next year  bruce.gif

Attached Image

abit confusing to me... maybe that's why the 2017 attempt to list in NYSE fail...
Attached Image
P/S: why name the company as HKC??
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Indeed, i can see the printscreen from the S-1 form in 2017. However, are the names in the list still exist in the latest S-1 form (2020) you shared earlier? Or they have sold their shares and retire as millionaires now? but the company is yet to be listed in NYSE. confused.gif

https://sec.report/Document/0001493152-20-013599/


Also, I do not understand the cause of the fail attempt to list in NYSE in 2017 as you mentioned above. Mind to elaborate more?
askagape
post Aug 27 2020, 09:34 PM

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looks like many people getting tempted after see all the agape atp shareholders become millionaires on paper and regret never join bangwall.gif

wait no more!!! this Saturday come to PPC office for this sharing to get another company getting listed in US stock market by Malaysia No1 thumbup.gif and meet him in person to ask all the questions you have in person.

remember to bring checks or credit card and also pen to sign all the paper works cool2.gif

Attached Image


aiyo… the CEO left Greenpro in 2018.... must be very disappointed with them after the fail attempt to get listed in NYSE...
Attached Image

This post has been edited by askagape: Aug 27 2020, 09:35 PM
Pakatan SinMa Plus
post Aug 28 2020, 12:31 PM

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QUOTE(askagape @ Aug 27 2020, 09:34 PM)
looks like many people getting tempted after see all the agape atp shareholders become millionaires on paper and regret never join  bangwall.gif

wait no more!!! this Saturday come to PPC office for this sharing to get another company getting listed in US stock market by Malaysia No1  thumbup.gif  and meet him in person to ask all the questions you have in person.

remember to bring checks or credit card and also pen to sign all the paper works  cool2.gif

Attached Image
aiyo… the CEO left Greenpro in 2018.... must be very disappointed with them after the fail attempt to get listed in NYSE...
Attached Image
*
Honestly, personally, I am more confused than convinced after seeing ur sharing, and no response to enquiries here.

Are u saying that Mr how was disappointed with greenpro for the failed attempt to get agape atp listed in nyse in 2017-2018? Is it greenpro's fault that agape atp was not able to be listed in nyse in 2017-2018? Do u have any evidence to support ur point?

This post has been edited by Pakatan SinMa Plus: Aug 28 2020, 12:32 PM
Pigu P
post Aug 29 2020, 12:19 AM

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He is mak cik kuat, don’t listen to him so much, haha
Pigu P
post Aug 29 2020, 12:20 AM

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Mak cik kiah
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post Aug 30 2020, 07:52 PM

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QUOTE(Pigu @ Aug 29 2020, 12:19 AM)
He is mak cik kuat, don’t listen to him so much, haha
*
haha... biggrin.gif .

I just wish to have a healthy discussion about this company and its prospect...
askagape
post Sep 4 2020, 06:32 PM

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another successful seminar with full house cool2.gif
#大鱼吃小鱼
#群鱼吃大鱼

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Pakatan SinMa Plus
post Sep 6 2020, 03:31 PM

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QUOTE(askagape @ Sep 4 2020, 06:32 PM)
another successful seminar with full house  cool2.gif
#大鱼吃小鱼
#群鱼吃大鱼

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*
Congratulation. Didn't manage to attend the event. Can help to summarise the main points presented during the event?
askagape
post Sep 10 2020, 10:44 PM

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2 important dates cool2.gif

2020 listed(Oct-Dec)

2020 Jan OTC

yawn.gif

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SUSyklooi
post Sep 11 2020, 09:20 AM

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askagape
you seems to be just merely postings notices/information updates about this company.
you did not response to questions asked or provides more info when asked.

if you are merely posting notices/information updates for that company, then please please post it SOMEWHERE else.
for to me, your actions are akin to making others aware of latest happenings in that company, thus making it an act of promoting that company, thus making it an act of advertising for that company.......which is NOT an act to be accepted in FBIH.

cc cherroy, just for your attention/observation

This post has been edited by yklooi: Sep 11 2020, 09:49 AM
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post Sep 13 2020, 11:13 AM

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QUOTE(yklooi @ Sep 11 2020, 09:20 AM)
askagape
you seems to be just merely postings notices/information updates about this company.
you did not response to questions asked or provides more info when asked.

if you are merely posting notices/information updates for that company, then please please post it SOMEWHERE else.
for to me,  your actions are akin to making others aware of latest happenings in that company, thus making it an act of promoting that company, thus making it an act of advertising for that company.......which is NOT an act to be accepted in FBIH.

cc cherroy, just for your attention/observation
*
Yea, @askagape seems to post information/events about the company without much elaboration/ answers to other forumer's inquiries.

If he wants to really promote this company, he should help others to better understand the company by providing clarifications on other forumer's doubts/inquiries. thumbsup.gif
askagape
post Sep 26 2020, 08:31 PM

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*yawn* no one has new update on NYSE?
askagape
post Oct 4 2020, 09:04 PM

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wow.. another full house sharing when covid case number is increasing


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Pakatan SinMa Plus
post Oct 5 2020, 02:24 PM

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QUOTE(askagape @ Oct 4 2020, 09:04 PM)
wow.. another full house sharing when covid case number is increasing
Attached Image

Attached Image Attached Image Attached Image Attached Image
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Is this event related to agape company?
askagape
post Oct 10 2020, 11:12 AM

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looks like other than greenpro company, Vincent Tan also got one company listed in US also, maybe got more malaysia companies listed in US before but noone pay attention... so Agape cannot claim to be the first Malaysia company to get listed in US already rclxub.gif

OTC market probably can learn from Mr How, but US main board really need to learn from master Vincent Tan

https://www.thestar.com.my/business/busines...0the%2013%20now.
https://www.thestar.com.my/business/busines...q-journey-ends/
https://www.digitalnewsasia.com/sizzle-fizz...t-the-beginning
http://molglobal.mol.com/mol-global-inc-an...deregistration/



CoronaV
post Oct 10 2020, 11:55 AM

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This agape collect fund from investors for investments?

Or be a shareholder of company?


MUM
post Oct 10 2020, 11:59 AM

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QUOTE(CoronaV @ Oct 10 2020, 11:55 AM)
This agape collect fund from investors for investments?

Or be a shareholder of company?
*
try read post 17,...maybe can get some idea of it while you wait for his response
Pakatan SinMa Plus
post Oct 11 2020, 07:43 PM

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QUOTE(CoronaV @ Oct 10 2020, 11:55 AM)
This agape collect fund from investors for investments?

Or be a shareholder of company?
*
I think the investors are not the shareholders of the company. If u check their financial report, it is stated that

"Agape S.E.A. Sdn Bhd(1): Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape S.E.A. Sdn Bhd
Agape Superior Living Sdn Bhd: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape Superior Living Sdn Bhd
Agape ATP (Asia) Limited: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape ATP (Asia) Limited."

But still, @askagape would know this better. Just wait for his reply for confirmation.
CoronaV
post Oct 11 2020, 08:22 PM

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QUOTE(Pakatan SinMa Plus @ Oct 11 2020, 07:43 PM)
I think the investors are not the shareholders of the company. If u check their financial report, it is stated that

"Agape S.E.A. Sdn Bhd(1): Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape S.E.A. Sdn Bhd
Agape Superior Living Sdn Bhd: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape Superior Living Sdn Bhd
Agape ATP (Asia) Limited: Mr. How Kok Choong, the CEO and director of the Company is also the sole shareholder and director of Agape ATP (Asia) Limited."

But still, @askagape would know this better. Just wait for his reply for confirmation.
*
Is this get rich quick scheme?This is the first time I heard can guarantee share price increase once listed. These investors look mostly senior citizens. Economy fare badly this and future years how this company can generate handsome profits ?

Too good to be true?
MUM
post Oct 11 2020, 08:30 PM

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QUOTE(CoronaV @ Oct 11 2020, 08:22 PM)
Is this get rich quick scheme?This is the first time I heard can guarantee share price increase once listed. These investors look mostly senior citizens. Economy fare badly this and future years how this company can generate handsome profits ?

Too good to be true?
*
i looked at the images in page 17 and 21 for the talks presentation of Phoenix plus group,...looks like those attended are "not" mostly seniors citizens wor
just not sure about this Agape investors

on this 'Too Good to be true"....i think many summarised it as per the advise/quote as per image in post 3991
https://forum.lowyat.net/topic/2442473/+3980#entry98464268

This post has been edited by MUM: Oct 11 2020, 08:34 PM
Pakatan SinMa Plus
post Oct 12 2020, 10:29 AM

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QUOTE(CoronaV @ Oct 11 2020, 08:22 PM)
Is this get rich quick scheme?This is the first time I heard can guarantee share price increase once listed. These investors look mostly senior citizens. Economy fare badly this and future years how this company can generate handsome profits ?

Too good to be true?
*
Really? What is the guaranteed share price they mentioned to you?


MUM
post Oct 12 2020, 10:45 AM

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QUOTE(Pakatan SinMa Plus @ Oct 12 2020, 10:29 AM)
Really? What is the guaranteed share price they mentioned to you?
*
I think he may have reference to post 17.
Anyway, even if thee price did rise, one may not be able to sell as experienced by a forummer (mckoh) on the holdings of his investment in DSwiss as posted 288, 290, 293 (Feb 2020)

This post has been edited by MUM: Oct 12 2020, 11:07 AM
Pakatan SinMa Plus
post Oct 12 2020, 04:12 PM

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QUOTE(MUM @ Oct 12 2020, 10:45 AM)
I think he may have reference to post 17.
Anyway, even if thee price did rise, one may not be able to sell as experienced by a forummer (mckoh) on the holdings of his investment in DSwiss as posted 288, 290, 293 (Feb 2020)
*
RM10k -> RM200k (20-fold profit). That is a big promise. shocking.gif

I do not invest in US shares, but I think being listed in NASDAQ vs OTC market are different. If the company is being listed in NASDAQ, it should be able to be traded freely, right? In post 17, it was mentioned that Agape will be listed by April 2019 in Nasdaq, but the plan delayed to Q42020 (as per the latest information shared by @askagape earlier).


MUM
post Oct 12 2020, 04:33 PM

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QUOTE(Pakatan SinMa Plus @ Oct 12 2020, 04:12 PM)
RM10k -> RM200k (20-fold profit). That is a big promise.  shocking.gif

I do not invest in US shares, but I think being listed in NASDAQ vs OTC market are different. If the company is being listed in NASDAQ, it should be able to be traded freely, right? In post 17, it was mentioned that Agape will be listed by April 2019 in Nasdaq, but the plan delayed to Q42020 (as per the latest information shared by @askagape earlier).
*
previously in page 18, he mentioned it was OTC to NYSE in Feb 2021
no more OTC to Nasdaq
Pakatan SinMa Plus
post Oct 12 2020, 04:47 PM

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QUOTE(askagape @ Sep 10 2020, 10:44 PM)
2 important dates  cool2.gif

2020 listed(Oct-Dec)

2020 Jan OTC

yawn.gif

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QUOTE(MUM @ Oct 12 2020, 04:33 PM)
previously in page 18, he mentioned it was OTC to NYSE in Feb 2021
no more OTC to Nasdaq
*
Yea, you are right, NYSE (not Nasdaq).

I was a bit confused looking at the photo above. Under the Agape ATP logo, it is stated that "2020 listed (Oct-Dec)", so i thought the listing plan has been brought forward earlier to Q42020. Anyway Feb 2021 isn't too far away. thumbsup.gif
MUM
post Oct 12 2020, 07:53 PM

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from.....
Published: 2020-07-20
https://sec.report/Document/0001493152-20-013599/

"We have applied to list our common stock on the [NASDAQ Capital Market (“NASDAQ”)/New York Stock Exchange (“NYSE”)] under the symbol “ATTP”.
No assurance can be given that our application will be approved and we do not expect our common stock to be listed on either exchange upon completion of this offering".

hmm.gif what does it mean by "we do not expect our common stock to be listed on either exchange upon completion of this offering"? rclxub.gif

This post has been edited by MUM: Oct 12 2020, 07:56 PM


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CoronaV
post Oct 12 2020, 10:14 PM

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QUOTE(MUM @ Oct 12 2020, 07:53 PM)
from.....
Published: 2020-07-20
https://sec.report/Document/0001493152-20-013599/

"We have applied to list our common stock on the [NASDAQ Capital Market (“NASDAQ”)/New York Stock Exchange (“NYSE”)] under the symbol “ATTP”.
No assurance can be given that our application will be approved and we do not expect our common stock to be listed on either exchange upon completion of this offering".

hmm.gif what does it mean by "we do not expect our common stock to be listed on either exchange upon completion of this offering"?  rclxub.gif
*
Things going south? Too good to be true indeed
Pakatan SinMa Plus
post Oct 13 2020, 01:30 PM

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QUOTE(MUM @ Oct 12 2020, 07:53 PM)
from.....
Published: 2020-07-20
https://sec.report/Document/0001493152-20-013599/

"We have applied to list our common stock on the [NASDAQ Capital Market (“NASDAQ”)/New York Stock Exchange (“NYSE”)] under the symbol “ATTP”.
No assurance can be given that our application will be approved and we do not expect our common stock to be listed on either exchange upon completion of this offering".

hmm.gif what does it mean by "we do not expect our common stock to be listed on either exchange upon completion of this offering"?  rclxub.gif
*
Indeed, strange.

@askagape, please come and enlighten us. icon_question.gif
ttpmoneygame P
post Oct 18 2020, 09:07 PM

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After China fraud boom, Nasdaq steps up scrutiny of shady listings

By Francine McKenna

Nasdaq thought it was diligent before a wave of Chinese reverse merger frauds

Nasdaq, Inc. has been checking up on the companies it lists much more closely since a 2009 boom of China-based companies using its exchange abruptly crashed in 2011, creating a massive fraud pile-up.

The Chinese reverse merger fraud crisis seemed to come out of nowhere. More than 50 U.S. listed Chinese companies were either delisted or halted from trading in 2011 and 2012 based on claims of fraud and other violations of U.S. securities laws. A number of others were the target of short sellers and changed auditors more than once in some cases.

“Billions of dollars of market capitalization of such companies have been lost in U.S. securities markets and it is fair to say that all of these smaller China-based companies listed on U.S. securities exchanges have suffered serious losses of both market value and investor confidence as a result of the problems of other companies,” said Lew Ferguson, board member of the Public Company Accounting Oversight Board, the audit industry regulator, in a speech in 2012.


Shareholders filed 31 class action lawsuits against Chinese reverse merger companies that year, most alleging misrepresentations in financial documents, violations of federal securities laws and non- compliance with Generally Accepted Accounting Principles, or GAAP. There were no such lawsuits before 2010 but from 2010 to 2012 they accounted for nearly 10% of all securities class actions.

Not bad for a new fraud scheme.

Private Chinese companies pursued reverse mergers to gain access to U.S. capital markets more quickly and cheaply than via an initial public offering, or IPO. These companies also avoided the kind of SEC scrutiny of their share registration that would be part of an IPO, since the private company was merging with a shell that had already gone through that process, typically for another purpose a long time before.

“As a global exchange we need to be focused on determining if any of the key players are from places subject to U.S. sanctions and are legally obligated to take that into account, along with anti-money-laundering rules.”
— Arnold Golub, deputy general counsel, vice president, Nasdaq, Inc.
Some of the more notorious failures of that era—AgFeed, China MediaExpress, Fuqi International, and Rino International RINO, —chose Nasdaq NDAQ, +0.35% for their listings. The global exchange learned some tough lessons during that time about the due diligence it could, and perhaps should, have done before allowing a company to list on its exchange.

In the summer of 2010, the SEC launched an initiative to determine whether certain companies with foreign operations—including those that were the product of reverse mergers—were accurately reporting their financial results, and to assess the quality of the audits being done by their auditors. By June 2011, the SEC was strongly warning investors of the risks posed by reverse mergers in general, and Chinese deals in particular, singling out six Chinese issuers.

Arnold Golub is deputy general counsel and vice president of Nasdaq, Inc., where he also leads Nasdaq’s listing compliance group. This group’s activities include monitoring company compliance with the exchange’s listing rules.

“We were diligent before the Chinese reverse merger frauds hit, but had to do more in light of the new threats,” he said.


Arnold Golub and Patricia Decker keep a close eye now on who is requesting a listing and their business interests and close associates. NASDAQ, INC.
Investors, said Golub, shouldn’t have to worry about the officers, directors and stock promoters taking advantage of them. Before and during the era of the Chinese reverse merger boom, Nasdaq believed it could trust the typical gatekeepers—investment banks, auditors and attorneys—to make sure all the information provided to the exchange and to the SEC by key players was accurate.

TOTAL COMPANY LISTINGS TOTAL NEW COMPANY LISTINGS REGULATORY DELISTINGS
2006 3,193 285 52
2007 3,135 290 48
2008 3,023 177 85
2009 2,852 131 105
2010 2,778 195 73
2011 2,680 151 66
2012 2,577 158 57
2013 2,637 239 31
2014 2,782 327 25
2015 2,859 274 38
Source: Nasdaq, Inc.

“We stepped up our efforts considerably when we realized that we could not rely on companies’ representations to us at all times, ” said Golub. Nasdaq was the first exchange to hire private investigators to do additional due diligence.

“We asked them to compare SEC filings to local tax filings,” Golub explained, “make on-the-ground inspections of assets and facilities, and do deeper individual background checks.” Nasdaq also asked for its own bank confirmations, either via the auditor or an independent third-party.

See also:How Nasdaq watches for insider trading

Nasdaq has added or enhanced several policies and procedures since 2011 and adopted stricter rules for listing reverse merger companies.

‘We wanted to do more and brought our ideas to the SEC,” he said.

The result was new rules approved by the SEC in November of 2011 for the three major U.S. exchanges that toughened listing standards for companies going public through a reverse merger.

Nasdaq, and NYSE ICE, -0.75% and NYSE Amex, now prohibit a reverse merger company from applying to list until the company has completed a one-year “seasoning period” by trading in the U.S. over-the-counter market or on another regulated U.S. or foreign exchange following the reverse merger. The company must also be current on all its required filing with the SEC, including audited financial statements. The company must also maintain a minimum share price—on Nasdaq it’s a minimum of $1 for continued listing—for a sustained period, and for at least 30 of the 60 trading days immediately before its listing application and the exchange’s decision to list.

Nasdaq has made some other big changes, too. The Chinese reverse merger episode encouraged the exchanges to talk more with each other, as well as with Finra and the SEC about what they were seeing, especially when the same names kept popping up. Golub says they realized that they had to look beyond just an identified high-risk headquarters location to consider where the officers, directors and investors were coming from.

“As a global exchange we need to be focused on determining if any of the key players are from places subject to U.S. sanctions and are legally obligated to take that into account, along with anti-money-laundering rules,” he said.

The exchange has automated the application process and added resources to its Listing Center to make it easier for firms to comply with its rules, to answer their own questions and for the supporting documentation and data to be analyzed by the compliance team.

Finally, Nasdaq started collecting more information about the consultants and advisers of the companies that requested a listing. “Once Nasdaq noticed that many of these reverse merger companies shared promoters, directors, audit firms, and other professional services firms, we started analyzing the network relationships to identify higher risk companies.”

The exchange had always looked at whether the auditors were subject to peer reviews, and after the Sarbanes-Oxley Act passed in 2002, whether those auditors were registered with the Public Company Accounting Oversight Board, the new audit regulator established after the collapse of energy giant Enron. In March of 2011, the PCAOB took an early look at the audit implications of the emerging issues of Chinese reverse mergers.

The study noted that as of March 2010, 24 firms audited 70% of the identified Chinese reverse merger companies. Shortly after the report was published, the top audit firm for Chinese reverse merger companies, Malone Bailey, resigned as auditor for NIVS Intellimedia Technology Group, China Intelligent Lighting and Electronics, and China Century Dragon Media and accused these companies of fraud. All three were delisted from NYSE Amex in 2011.

Four firms on the PCAOB list have since had their registrations revoked for violations of PCAOB audit standards and failure to cooperate with the PCAOB investigations. The SEC issued a cease-and-desist order this past February to the seventh-busiest firm, Frazer Frost, and its sole China client partner.

The case is pending. The SEC charged the firm and the partner for its faulty audit of China Valves. Frazer Frost and that one partner alone audited 12 Nasdaq listed Chinese companies including Rino International.
ttpmoneygame P
post Oct 18 2020, 09:19 PM

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OTC Over-the-counter markets fraud

Limiting the risk of over-the-counter market fraud

What are over-the-counter markets all about?

Over-the-counter markets (also known as “OTC markets” or “Pink Sheets”) are marketplaces for buying and selling securities issued by small companies. Generally, these securities are not frequently traded and they have little liquidity. Transactions are conducted directly between the buyer and the seller. Often, they are valued at less than a dollar, hence the name “penny stocks.”

The stocks are often held by a small number of shareholders.
In many cases, OTC-quoted companies don’t meet the listing criteria of the large exchanges.
Are over-the-counter markets regulated?

OTC markets are subject to little if any oversight by regulatory authorities. They therefore represent a high risk for investors.

Recognized exchanges in Canada impose conditions—in particular, legal and financial—on companies seeking to list and issue securities.

Companies that are unable or do not wish to meet these conditions turn to the OTC markets.

High-risk investments

Some investors are taken in by scam artists’ fine words. They’re convinced they’ll make a lot of money quickly due to high returns. Be careful!

Warning
Companies on the OTC markets sometimes don’t have a history. This might make it difficult to find any reliable or objective financial information about them.

End of the warning
In addition:

Their securities are often not very liquid.
The securities may be subject to legal restrictions when resold. As a result, you could have trouble selling them in a reasonable period of time.
OTC securities might not be for you if:

you have little or no tolerance for risk;
you’re thinking of reselling your securities quickly to obtain cash.
Beware of fraud

OTC markets are ideal for promoting securities (pump and dump scheme).

Scam artists manipulate the market as follows: They buy a large number of securities of a company listed on an OTC market. Demand for these securities is low. The scam artists send out information, often via the Internet, that leads investors to believe that the value of the security will jump very quickly. This information is hard to verify.

You and several other investors purchase the security. Its value goes up temporarily.
The scam artists then sell off their holdings and make a huge profit.
Your investment is practically worthless and no one wants your securities. You lose your money.
This type of fraud also works well through classified ads.

Warning
Be wary of anyone who gives you a so-called “hot tip” on these investments! They no doubt stand to make a profit... at your expense!

End of the warning
Before investing, do your homework:

Do you understand the characteristics, risks and potential return of the company you’re thinking of investing in?
Is the information about the company you have access to reliable?
Have you read the company’s financial statementsCliquer pour ouvrir la boîte d'information supplémentaire?
Does it have cash assets?
Is it carrying substantial debt?
Does it have revenues?
Is it profitable?
How long has it been in business?
Has it succeeded in marketing its products or services?
Who are its officers and directors?
What is your risk tolerance?
Can you afford to lose your investment?
Offering investments, whether on the Internet or in person, is a regulated activity. Make sure to check whether the person and firm proposing their services are authorized by the AMF to do so.

Do you think you’ve been a victim of fraud? Report possible fraud!
Pakatan SinMa Plus
post Oct 19 2020, 04:22 PM

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QUOTE(ttpmoneygame @ Oct 18 2020, 09:19 PM)
OTC Over-the-counter markets fraud

Limiting the risk of over-the-counter market fraud

What are over-the-counter markets all about?

Over-the-counter markets (also known as “OTC markets” or “Pink Sheets”) are marketplaces for buying and selling securities issued by small companies. Generally, these securities are not frequently traded and they have little liquidity. Transactions are conducted directly between the buyer and the seller. Often, they are valued at less than a dollar, hence the name “penny stocks.”

The stocks are often held by a small number of shareholders.
In many cases, OTC-quoted companies don’t meet the listing criteria of the large exchanges.
Are over-the-counter markets regulated?

OTC markets are subject to little if any oversight by regulatory authorities. They therefore represent a high risk for investors.

Recognized exchanges in Canada impose conditions—in particular, legal and financial—on companies seeking to list and issue securities.

Companies that are unable or do not wish to meet these conditions turn to the OTC markets.

High-risk investments

Some investors are taken in by scam artists’ fine words. They’re convinced they’ll make a lot of money quickly due to high returns. Be careful!

Warning
Companies on the OTC markets sometimes don’t have a history. This might make it difficult to find any reliable or objective financial information about them.

End of the warning
In addition:

Their securities are often not very liquid.
The securities may be subject to legal restrictions when resold. As a result, you could have trouble selling them in a reasonable period of time.
OTC securities might not be for you if:

you have little or no tolerance for risk;
you’re thinking of reselling your securities quickly to obtain cash.
Beware of fraud

OTC markets are ideal for promoting securities (pump and dump scheme).

Scam artists manipulate the market as follows: They buy a large number of securities of a company listed on an OTC market. Demand for these securities is low. The scam artists send out information, often via the Internet, that leads investors to believe that the value of the security will jump very quickly. This information is hard to verify.

You and several other investors purchase the security. Its value goes up temporarily.
The scam artists then sell off their holdings and make a huge profit.
Your investment is practically worthless and no one wants your securities. You lose your money.
This type of fraud also works well through classified ads.

Warning
Be wary of anyone who gives you a so-called “hot tip” on these investments! They no doubt stand to make a profit... at your expense!

End of the warning
Before investing, do your homework:

Do you understand the characteristics, risks and potential return of the company you’re thinking of investing in?
Is the information about the company you have access to reliable?
Have you read the company’s financial statementsCliquer pour ouvrir la boîte d'information supplémentaire?
Does it have cash assets?
Is it carrying substantial debt?
Does it have revenues?
Is it profitable?
How long has it been in business?
Has it succeeded in marketing its products or services?
Who are its officers and directors?
What is your risk tolerance?
Can you afford to lose your investment?
Offering investments, whether on the Internet or in person, is a regulated activity. Make sure to check whether the person and firm proposing their services are authorized by the AMF to do so.

Do you think you’ve been a victim of fraud? Report possible fraud!
*
thanks for the sharing. After reading the above, we can understand why some of the Agape share holders are unable to sell their shares at the current price of 7.50 at OTC market.

The share is not frequently traded and the liquidity is little. If we see Agape share price, it is fixed at 7.50 since Apr20, which is quite unusual as the price does not move from Apr20 to current. When we look into the traded volume, we can see that the latest transaction occurred in May20, and the volume is only 200. In other words, there is no transaction for the past 5 months.

Shareholders are only able to sell their shares when they can find a buyer who is willing to buy at that particular price, which is not easy. Besides that, it might be also subjected to legal restrictions when resold (not sure if this is applicable to Agape share). As a result, selling the share is more difficult for the shareholders.

I wonder if there is any Agape investor who has gained profit from their investment in this company? Mind to share your experience? Or the only people who have gained profit are the owners and the uplines that have successfully convinced their downlines to invest?





jonathanchee315
post Oct 20 2020, 03:12 PM

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QUOTE(Pakatan SinMa Plus @ Oct 19 2020, 04:22 PM)
thanks for the sharing. After reading the above, we can understand why some of the Agape share holders are unable to sell their shares at the current price of 7.50 at OTC market.

The share is not frequently traded and the liquidity is little. If we see Agape share price, it is fixed at 7.50 since Apr20, which is quite unusual as the price does not move from Apr20 to current. When we look into the traded volume, we can see that the latest transaction occurred in May20, and the volume is only 200. In other words, there is no transaction for the past 5 months. 

Shareholders are only able to sell their shares when they can find a buyer who is willing to buy at that particular price, which is not easy. Besides that, it might be also subjected to legal restrictions when resold (not sure if this is applicable to Agape share). As a result, selling the share is more difficult for the shareholders.

I wonder if there is any Agape investor who has gained profit from their investment in this company? Mind to share your experience? Or the only people who have gained profit are the owners and the uplines that have successfully convinced their downlines to invest?
*
Basically OTC market are like a steppingstone for company before they get listed in main market. The shares you had invested in OTC for instance agape are not meant to be traded in OTC actually, cause like you mention the liquidity is minimal. Hence usually people invest in OTC companies are praying for them to list in main market, for instance, NYSE and Nasdaq. At there you can sell easily.

When its nasdaq or NYSE the base price is minimum $4 or $6 or maybe higher depend on company valuation.
Pakatan SinMa Plus
post Oct 20 2020, 04:26 PM

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QUOTE(jonathanchee315 @ Oct 20 2020, 03:12 PM)
Basically OTC market are like a steppingstone for company before they get listed in main market. The shares you had invested in OTC for instance agape are not meant to be traded in OTC actually, cause like you mention the liquidity is minimal. Hence usually people invest in OTC companies are praying for them to list in main market, for instance, NYSE and Nasdaq. At there you can sell easily.

When its nasdaq or NYSE the base price is minimum $4 or $6 or maybe higher depend on company valuation.
*
Hence, in other words, is it like the investment in pre-IPO shares where the share price is extremely low now, and hoping for a big jump once it is listed in nasdaq/NYSE (minimum $4 or $6 or maybe higher)? But the risk here is that this particular OTC share might not be listed in the main market.

As a beginner, how do we know about the chances of this company to be listed in the main market before we put money into the investment? Do you mind to share your view on the company valuation for Agape?
CoronaV
post Oct 20 2020, 07:19 PM

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QUOTE(jonathanchee315 @ Oct 20 2020, 03:12 PM)
Basically OTC market are like a steppingstone for company before they get listed in main market. The shares you had invested in OTC for instance agape are not meant to be traded in OTC actually, cause like you mention the liquidity is minimal. Hence usually people invest in OTC companies are praying for them to list in main market, for instance, NYSE and Nasdaq. At there you can sell easily.

When its nasdaq or NYSE the base price is minimum $4 or $6 or maybe higher depend on company valuation.
*
I wonder how the investors can sleep soundly at night.

SUSyklooi
post Oct 20 2020, 07:37 PM

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QUOTE(CoronaV @ Oct 20 2020, 07:19 PM)
I wonder how the investors can sleep soundly at night.
*
hmm.gif i think, i think,
because they believe tomorrow"S" they would be HUAT liao devil.gif innocent.gif
Pakatan SinMa Plus
post Oct 20 2020, 09:45 PM

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QUOTE(askagape @ Sep 10 2020, 10:44 PM)
2 important dates  cool2.gif

2020 listed(Oct-Dec)

2020 Jan OTC

yawn.gif

Attached Image
*
QUOTE(CoronaV @ Oct 20 2020, 07:19 PM)
I wonder how the investors can sleep soundly at night.
*
QUOTE(yklooi @ Oct 20 2020, 07:37 PM)
hmm.gif i think, i think,
because they believe tomorrow"S" they would be HUAT liao  devil.gif  innocent.gif
*
Based on the information shared by @askagape above, it is coming soon. Now we are already in Q4 2020

jonathanchee315
post Oct 21 2020, 10:44 AM

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QUOTE(Pakatan SinMa Plus @ Oct 20 2020, 04:26 PM)
Hence, in other words, is it like the investment in pre-IPO shares where the share price is extremely low now, and hoping for a big jump once it is listed in nasdaq/NYSE (minimum $4 or $6 or maybe higher)? But the risk here is that this particular OTC share might not be listed in the main market.

As a beginner, how do we know about the chances of this company to be listed in the main market before we put money into the investment? Do you mind to share your view on the company valuation for Agape?
*
Indirectly yes, but every investment does come with their own risk. No right or wrong.

Thats why it is important to read the company S-1, basically inside they have full indemnity that shields them from every single risk factor.

I was part of the advisor team for this client last time and I know the inside out quite well.

For Agape it's quite safe, they will be listed in NYSE next year. The valuation is ongoing now.
SUSyklooi
post Oct 21 2020, 10:56 AM

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QUOTE(jonathanchee315 @ Oct 21 2020, 10:44 AM)
Indirectly yes, but every investment does come with their own risk. No right or wrong.

Thats why it is important to read the company S-1, basically inside they have full indemnity that shields them from every single risk factor.

I was part of the advisor team for this client last time and I know the inside out quite well.

For Agape it's quite safe, they will be listed in NYSE next year. The valuation is ongoing now.
*
shield the company and its directors thumbsup.gif thumbsup.gif
jonathanchee315
post Oct 21 2020, 11:02 AM

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QUOTE(yklooi @ Oct 21 2020, 10:56 AM)
shield the company and its directors  thumbsup.gif  thumbsup.gif
*
Nothing wrong actually, even if you see other company S-1 like tesla , or amazon they had all those risk factors disclosed as well.

It is sort of like a requirement by SEC to disclose all that.
SUSyklooi
post Oct 21 2020, 11:28 AM

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QUOTE(jonathanchee315 @ Oct 21 2020, 11:02 AM)
Nothing wrong actually, even if you see other company S-1 like tesla , or amazon they had all those risk factors disclosed as well.

It is sort of like a requirement by SEC to disclose all that.
*
Since it is a requirement by sec and all others are doing it, why mention in Yr earlier post... It is important to read s1,....... Shields them from any risk factors?
So are you trying to says.. The risk is all in the investors no matter how the agents made the presentation to recruit the investors?

T231H
post Oct 21 2020, 11:38 AM

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QUOTE(jonathanchee315 @ Oct 21 2020, 10:44 AM)
Indirectly yes, but every investment does come with their own risk. No right or wrong.

Thats why it is important to read the company S-1, basically inside they have full indemnity that shields them from every single risk factor.

I was part of the advisor team for this client last time and I know the inside out quite well.

For Agape it's quite safe, they will be listed in NYSE next year. The valuation is ongoing now.
*
Since you were part of the advisor team last time, n know its inside out quite well n confidently know that it will be listed in nyse next year....
Just hope that you did not miss the opportunity to recruits Yr family members to join forces with you to "sailang" all you hv got for this "fatt chai" opportunity.
Pakatan SinMa Plus
post Oct 21 2020, 11:51 AM

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QUOTE(jonathanchee315 @ Oct 21 2020, 10:44 AM)
Indirectly yes, but every investment does come with their own risk. No right or wrong.

Thats why it is important to read the company S-1, basically inside they have full indemnity that shields them from every single risk factor.

I was part of the advisor team for this client last time and I know the inside out quite well.

For Agape it's quite safe, they will be listed in NYSE next year. The valuation is ongoing now.
*
Glad to have you in this thread, you will definitely be able to share better information on this company. thumbsup.gif

I am not in the finance industry, I am trying to understand the financial statement of this company. Understand that there are a few requirements before a company can be listed in NYSE, such as to meet basic earning standard. In others words, a company needs to prove that it is profitable before it can be listed in NYSE. If we refer to the financial figures in the link below, the net income for Agape is negative for the 2017 to 2019 period, and the negative figures are getting bigger from 2017 to 2019. Does this mean the company is losing more money from 2017 to 2019?

user posted image

Source: https://www.otcmarkets.com/stock/AATP/financials


jonathanchee315
post Oct 21 2020, 11:55 AM

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QUOTE(T231H @ Oct 21 2020, 11:38 AM)
Since you were part of the advisor team last time, n know its inside out quite well n confidently know that it will be listed in nyse next year....
Just hope that you did not miss the opportunity to recruits Yr family members to join forces with you to "sailang" all you hv got for this "fatt chai" opportunity.
*
My own opinion and investment are two different things, if you expect to sailang everytime then good luck to you by putting all egg in one basket.

All investment had it owns risk, and suit each investor appetite. Time will tell if this company will be listed on main market next year or not.

I am not saying any buy call here but just giving my own view based on company fundamentals and prospects going ahead by the information of the S-1.
jonathanchee315
post Oct 21 2020, 11:59 AM

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QUOTE(Pakatan SinMa Plus @ Oct 21 2020, 11:51 AM)
Glad to have you in this thread, you will definitely be able to share better information on this company. thumbsup.gif

I am not in the finance industry, I am trying to understand the financial statement of this company. Understand that there are a few requirements before a company can be listed in NYSE, such as to meet basic earning standard. In others words, a company needs to prove that it is profitable before it can be listed in NYSE. If we refer to the financial figures in the link below, the net income for Agape is negative for the 2017 to 2019 period, and the negative figures are getting bigger from 2017 to 2019. Does this mean the company is losing more money from 2017 to 2019?

user posted image

Source: https://www.otcmarkets.com/stock/AATP/financials
*
Yes one of the thing you look at it is thru the financial statement, but you need to know the concept is that, a company that earn money doesn't mean it is valuable and likewise. For instance, you could look at Tesla and amazon, they are basically losing money every single year but their share price skyrocketed. You need to look things much deeper than just reading financial statement.

As the game of American capital market is very different with bursa local market here which judge solely by company earning mostly. But in US it is much more than that, they judge by the social value and etc etc.
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post Oct 21 2020, 12:01 PM

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QUOTE(jonathanchee315 @ Oct 21 2020, 11:55 AM)
My own opinion and investment are two different things, if you expect to sailang everytime then good luck to you by putting all egg in one basket.

All investment had it owns risk, and suit each investor appetite. Time will tell if this company will be listed on main market next year or not.

I am not saying any buy call here but just giving my own view based on company fundamentals and prospects going ahead by the information of the S-1.
*
So it is not as glossy n so good to be as you confidently projected agape to be in post 433 then.
T231H
post Oct 21 2020, 12:05 PM

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QUOTE(jonathanchee315 @ Oct 21 2020, 11:59 AM)
Yes one of the thing you look at it is thru the financial statement, but you need to know the concept is that, a company that earn money doesn't mean it is valuable and likewise. For instance, you could look at Tesla and amazon, they are basically losing money every single year but their share price skyrocketed. You need to look things much deeper than just reading financial statement.

As the game of American capital market is very different with bursa local market here which judge solely by company earning mostly. But in US it is much more than that, they judge by the social value and etc etc.
*
Tesla n amazon is listed... Their share price up while profits are non is not the issue as they are already listed.
Before one can be listed, one need to be able to prove their worthiness... One of them is profit track records
Pakatan SinMa Plus
post Oct 21 2020, 03:26 PM

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QUOTE(jonathanchee315 @ Oct 21 2020, 11:59 AM)
Yes one of the thing you look at it is thru the financial statement, but you need to know the concept is that, a company that earn money doesn't mean it is valuable and likewise. For instance, you could look at Tesla and amazon, they are basically losing money every single year but their share price skyrocketed. You need to look things much deeper than just reading financial statement.

As the game of American capital market is very different with bursa local market here which judge solely by company earning mostly. But in US it is much more than that, they judge by the social value and etc etc.
*
This is an eye opener for me. Thanks for sharing. Indeed, as a conservative local share investor, i emphasize a lot on financial statements. Probably this share is more suitable for high risk takers.
askagape
post Oct 31 2020, 11:15 AM

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QUOTE(jonathanchee315 @ Oct 20 2020, 03:44 PM)
Indirectly yes, but every investment does come with their own risk. No right or wrong.

Thats why it is important to read the company S-1, basically inside they have full indemnity that shields them from every single risk factor.

I was part of the advisor team for this client last time and I know the inside out quite well.

For Agape it's quite safe, they will be listed in NYSE next year. The valuation is ongoing now.
*
sigh... still no new from Mr How... cry.gif
Pakatan SinMa Plus
post Nov 3 2020, 10:22 AM

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QUOTE(askagape @ Oct 31 2020, 11:15 AM)
sigh... still no new from Mr How...  cry.gif
*
What news do you expect from Mr How?
MUM
post Nov 3 2020, 11:53 AM

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QUOTE(Pakatan SinMa Plus @ Nov 3 2020, 10:22 AM)
What news do you expect from Mr How?
*
while waiting for his response,
my wild guess for this morning fun would be, ...... "The news that the date of the listing in NYSE will be slightly delayed due to the Covid19 situation over there". innocent.gif devil.gif
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post Nov 4 2020, 10:10 AM

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QUOTE(askagape @ Sep 10 2020, 10:44 PM)
2 important dates  cool2.gif

2020 listed(Oct-Dec)

2020 Jan OTC

yawn.gif

Attached Image
*
QUOTE(MUM @ Nov 3 2020, 11:53 AM)
while waiting for his response,
my wild guess for this morning fun would be, ...... "The news that the date of the listing in NYSE will be slightly delayed due to the Covid19 situation over there".  innocent.gif  devil.gif
*
He mentioned the listing is in 2020 (Oct-Dec) in his previous post, probably this is the news that he is waiting for Mr How to announce? confused.gif
mckoh
post Nov 5 2020, 01:12 PM

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Wow. DSwiss shot up to USD12.01. A lot of trading activities the pass 3 weeks.
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post Nov 5 2020, 01:20 PM

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QUOTE(mckoh @ Nov 5 2020, 01:12 PM)
Wow. DSwiss shot up to USD12.01. A lot of trading activities the pass 3 weeks.
*
thumbup.gif thumbsup.gif Good for you....
just hope you had not sold them yet since your last postings in Feb 2020
Pakatan SinMa Plus
post Nov 5 2020, 05:04 PM

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QUOTE(mckoh @ Nov 5 2020, 01:12 PM)
Wow. DSwiss shot up to USD12.01. A lot of trading activities the pass 3 weeks.
*
How does Agape investors benefit from this?
mckoh
post Nov 6 2020, 08:57 AM

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How to sell them? its still OTC market and need to find your own buyers which i wondered how those transactions can happened.
Pakatan SinMa Plus
post Nov 6 2020, 03:54 PM

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QUOTE(mckoh @ Nov 6 2020, 08:57 AM)
How to sell them? its still OTC market and need to find your own buyers which i wondered how those transactions can happened.
*
Could it be the left hand selling to the right hand? just to show to their investors that the price is increasing, and to encourage more people investing. rclxm9.gif
ttpmoneygame P
post Nov 7 2020, 08:16 PM

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How to Identify a Microcap Scam


By STEPHANIE LOIACONO
Updated Jun 25, 2019
What Are MicroCaps?
Your inbox is littered with them: newsletters alerting you to microcap stocks that are "Up 92% in one day!" or promise "1000% + gain on this one!" Some microcap scams are obvious, but others are not. Do you know how to identify a scam?


The siren call of wild returns from microcap stocks can be hard to resist. With approximately 15,000 publicly traded securities in the United States, most investors know there are many overlooked and misunderstood smaller companies worth owning. But investing in microcaps can be a minefield unless you know how to recognize real opportunity from fraud.


How MicroCaps Trade
The term "microcap" refers to companies with low or "micro" market capitalizations. These are companies typically ranging between $50 million - $300 million in market capitalization. Microcap companies primarily trade on the Over-the-Counter Bulletin Board (OTCBB) or the pink sheets.


The OTCBB is an electronic quotation system that displays real-time quotes, last-sale prices and volume information for many OTC securities that are not listed on the Nasdaq or other major securities exchanges. Although the NASD oversees the OTCBB, the OTCBB is not part of the Nasdaq.1 Scam artists often claim that an OTCBB company is a Nasdaq company, but this is misleading; it suggests that a company is larger and more liquid than it probably is. The pink sheets are named for the color of paper on which they've historically been printed. Many stocks quoted on the pink sheets are "penny stocks." Pink sheets are not a stock exchange and are unregulated.

What's Different About MicroCaps?
We all know that good information is an investor's best defense when purchasing shares in any company, but accurate information on microcap stocks can be hard to come by. Many microcap companies don't file reports with the Securities and Exchange Commission (SEC), so it's tough for investors to get all the facts. Lack of reliable information makes it easy for investors to be seduced by scam artists.

Another important difference between microcaps and larger stocks is the lack of minimum listing standards. Companies that trade their stocks on major exchanges, like the NYSE and the Nasdaq, must maintain minimum amounts of net assets and minimum numbers of shareholders to retain their listings. Companies on the OTCBB or the pink sheets, however, do not have to meet any minimum standards.


MicroCap Risks
It should come as no surprise to learn that microcap investing is far riskier than investing in large caps. Liquidity is usually limited, meaning that you might not be able to sell a microcap stock quickly enough to minimize losses when things go wrong. Earnings are often negative, and sizeable deficits may have accumulated. These companies are like shooting stars; they can fizzle out just as fast as they can light up the sky.

If you're researching a microcap stock, check the EDGAR database first, because even the smallest companies may file financial statements with the SEC. Companies with less than $10 million in assets actually don't have to file, but they often do if they want to offer their securities to the public. Other microcaps may offer publicly traded securities, but are exempt from filing with the SEC. These exceptions include "Reg A" offerings in which the company is raising less than $5 million in 12 months, or "Reg D" offerings, those raising less than $1 million in 12 months.2

Phony Facts and Tools of the Trade
Microcap scammers rely on the lack of public, reliable information to spread phony facts. Which are their favorite tools of the trade?

Email: Junk mail and "spam" over the internet are favorite tools scam artists use to spread false information about microcap stocks. Never buy a stock based on an email from someone you don't know.
Internet Bulletin Boards: Many scam artists hide or change their identities in investor chat rooms or message boards, then use these forums to promote certain microcap companies. They often claim to have unique, inside information about a company or its products. Never buy a stock unless you've done your own research and verified the facts.
Paid Promoters: Some microcap companies pay promoters to recommend their stocks. These hired guns claim to provide independent, unbiased investment newsletters, research reports, and radio or television shows. Investors should check the credentials of anyone who declares his or her advice is objective and independent. Look for legitimate financial certifications that require holders to adhere to an ethical code (for example, a CFA, CFP, CIC and the like).
"Boiler Rooms" and Cold Calls: Some dishonest brokers organize high-pressure salespeople into groups (also called "boiler rooms") to make cold calls to potential investors and dupe them into buying questionable microcap securities. Be wary of calls from strangers and never give a cold caller your banking information or Social Security number.
Questionable Press Releases: Press releases can look real, but are you sure the company's sales, projections and products are valid? Check the facts on your own.
Microcap scammers use their tools of the trade to snare you in their net in the following ways:

"Pump and Dump" Schemes: Using Internet bulletin boards, chat rooms and telemarketers, scammers will use a pump and dump scheme that has them talk up a stock with claims they know something the rest of the market does not. Once they've hyped the stock enough to "pump" up its price, insiders and paid promoters will then "dump" their shares, causing the price to plummet and innocent investors to lose money. In a recent variation of the "pump and dump" scheme, some investors may discover a voice message, presumably left inadvertently on their answering machine, leaving a hot stock tip. Never trade on this kind of information.
Offshore Schemes: Under "Regulation S," companies that sell stock outside the U.S. to offshore investors don't have to register shares with the SEC.3 In an offshore scam, unregistered Reg S microcap shares are sold at discount prices to scammers, who in turn pose as foreign investors re-selling their shares to U.S. investors at inflated prices, pocketing huge profits. The flood of unregistered shares in the market invariably causes the stock price of the company to drop, resulting in major losses for unwitting investors.
What to Do if You Get Caught in a Scammer's Net
Report it! Start with your broker. If your broker can't solve the problem, you may want to contact your state's securities regulator or the SEC. Complaints can be filed online with the regulators. Don't let scammers turn you into a statistic. You'll succeed at buying small and winning big if you do your homework and watch for red flags.

user posted image
Pakatan SinMa Plus
post Nov 10 2020, 03:12 PM

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QUOTE(ttpmoneygame @ Nov 7 2020, 08:16 PM)
How to Identify a Microcap Scam
By STEPHANIE LOIACONO
Updated Jun 25, 2019
What Are MicroCaps?
Your inbox is littered with them: newsletters alerting you to microcap stocks that are "Up 92% in one day!" or promise "1000% + gain on this one!" Some microcap scams are obvious, but others are not. Do you know how to identify a scam?
The siren call of wild returns from microcap stocks can be hard to resist. With approximately 15,000 publicly traded securities in the United States, most investors know there are many overlooked and misunderstood smaller companies worth owning. But investing in microcaps can be a minefield unless you know how to recognize real opportunity from fraud.
How MicroCaps Trade
The term "microcap" refers to companies with low or "micro" market capitalizations. These are companies typically ranging between $50 million - $300 million in market capitalization. Microcap companies primarily trade on the Over-the-Counter Bulletin Board (OTCBB) or the pink sheets.
The OTCBB is an electronic quotation system that displays real-time quotes, last-sale prices and volume information for many OTC securities that are not listed on the Nasdaq or other major securities exchanges. Although the NASD oversees the OTCBB, the OTCBB is not part of the Nasdaq.1 Scam artists often claim that an OTCBB company is a Nasdaq company, but this is misleading; it suggests that a company is larger and more liquid than it probably is. The pink sheets are named for the color of paper on which they've historically been printed. Many stocks quoted on the pink sheets are "penny stocks." Pink sheets are not a stock exchange and are unregulated.

What's Different About MicroCaps?
We all know that good information is an investor's best defense when purchasing shares in any company, but accurate information on microcap stocks can be hard to come by. Many microcap companies don't file reports with the Securities and Exchange Commission (SEC), so it's tough for investors to get all the facts. Lack of reliable information makes it easy for investors to be seduced by scam artists.

Another important difference between microcaps and larger stocks is the lack of minimum listing standards. Companies that trade their stocks on major exchanges, like the NYSE and the Nasdaq, must maintain minimum amounts of net assets and minimum numbers of shareholders to retain their listings. Companies on the OTCBB or the pink sheets, however, do not have to meet any minimum standards.
MicroCap Risks
It should come as no surprise to learn that microcap investing is far riskier than investing in large caps. Liquidity is usually limited, meaning that you might not be able to sell a microcap stock quickly enough to minimize losses when things go wrong. Earnings are often negative, and sizeable deficits may have accumulated. These companies are like shooting stars; they can fizzle out just as fast as they can light up the sky.

If you're researching a microcap stock, check the EDGAR database first, because even the smallest companies may file financial statements with the SEC. Companies with less than $10 million in assets actually don't have to file, but they often do if they want to offer their securities to the public. Other microcaps may offer publicly traded securities, but are exempt from filing with the SEC. These exceptions include "Reg A" offerings in which the company is raising less than $5 million in 12 months, or "Reg D" offerings, those raising less than $1 million in 12 months.2

Phony Facts and Tools of the Trade
Microcap scammers rely on the lack of public, reliable information to spread phony facts. Which are their favorite tools of the trade?

Email: Junk mail and "spam" over the internet are favorite tools scam artists use to spread false information about microcap stocks. Never buy a stock based on an email from someone you don't know.
Internet Bulletin Boards: Many scam artists hide or change their identities in investor chat rooms or message boards, then use these forums to promote certain microcap companies. They often claim to have unique, inside information about a company or its products. Never buy a stock unless you've done your own research and verified the facts.
Paid Promoters: Some microcap companies pay promoters to recommend their stocks. These hired guns claim to provide independent, unbiased investment newsletters, research reports, and radio or television shows. Investors should check the credentials of anyone who declares his or her advice is objective and independent. Look for legitimate financial certifications that require holders to adhere to an ethical code (for example, a CFA, CFP, CIC and the like).
"Boiler Rooms" and Cold Calls: Some dishonest brokers organize high-pressure salespeople into groups (also called "boiler rooms") to make cold calls to potential investors and dupe them into buying questionable microcap securities. Be wary of calls from strangers and never give a cold caller your banking information or Social Security number.
Questionable Press Releases: Press releases can look real, but are you sure the company's sales, projections and products are valid? Check the facts on your own.
Microcap scammers use their tools of the trade to snare you in their net in the following ways:

"Pump and Dump" Schemes: Using Internet bulletin boards, chat rooms and telemarketers, scammers will use a pump and dump scheme that has them talk up a stock with claims they know something the rest of the market does not. Once they've hyped the stock enough to "pump" up its price, insiders and paid promoters will then "dump" their shares, causing the price to plummet and innocent investors to lose money. In a recent variation of the "pump and dump" scheme, some investors may discover a voice message, presumably left inadvertently on their answering machine, leaving a hot stock tip. Never trade on this kind of information.
Offshore Schemes: Under "Regulation S," companies that sell stock outside the U.S. to offshore investors don't have to register shares with the SEC.3 In an offshore scam, unregistered Reg S microcap shares are sold at discount prices to scammers, who in turn pose as foreign investors re-selling their shares to U.S. investors at inflated prices, pocketing huge profits. The flood of unregistered shares in the market invariably causes the stock price of the company to drop, resulting in major losses for unwitting investors.
What to Do if You Get Caught in a Scammer's Net
Report it! Start with your broker. If your broker can't solve the problem, you may want to contact your state's securities regulator or the SEC. Complaints can be filed online with the regulators. Don't let scammers turn you into a statistic. You'll succeed at buying small and winning big if you do your homework and watch for red flags.

user posted image
*
Do you think this is the case for Agape?

askagape
post Nov 22 2020, 03:23 PM

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still no news about NYSE and Nasdaq listing... cry.gif

but agape net profit shoot up magically innocent.gif

https://www.otcmarkets.com/stock/AATP/financials
Attached Image


Agape
10-Q Quarterly Report: https://sec.report/Document/0001493152-20-021398
S-1 Investment Prospectus: https://sec.report/Document/0001493152-20-013599

Phoenix Plus
10-K Annual Report: https://sec.report/Document/0001493152-20-020196
S-1 Investment Prospectus: https://sec.report/Document/0001599916-19-000167

DSwiss
10-K Annual Report: https://sec.report/Document/0001493152-20-021270
S-1 Investment Prospectus: https://sec.report/Document/0001675426-16-000027



MUM
post Nov 22 2020, 03:46 PM

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so are its liabilities also shoot up magically innocent.gif


Attached thumbnail(s)
Attached Image
Pakatan SinMa Plus
post Nov 24 2020, 03:29 PM

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QUOTE(askagape @ Nov 22 2020, 03:23 PM)
still no news about NYSE and Nasdaq listing...  cry.gif

but agape net profit shoot up magically  innocent.gif

https://www.otcmarkets.com/stock/AATP/financials
Attached Image
Agape
10-Q Quarterly Report: https://sec.report/Document/0001493152-20-021398
S-1 Investment Prospectus: https://sec.report/Document/0001493152-20-013599

Phoenix Plus
10-K Annual Report: https://sec.report/Document/0001493152-20-020196 
S-1 Investment Prospectus: https://sec.report/Document/0001599916-19-000167

DSwiss
10-K Annual Report: https://sec.report/Document/0001493152-20-021270
S-1 Investment Prospectus: https://sec.report/Document/0001675426-16-000027
*
It is still very surprising how could Agape manage to have 0 revenue in Mar20, then a sudden jump in Q2 to 1 mil USD in revenue. Mind to share the secret?
askagape
post Dec 12 2020, 12:48 PM

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new marketing strategy to increase agape revenue rclxms.gif
https://fb.watch/2j-U_RNPDT/


US company
Attached Image

company change to new place to reflect its premium status
Attached Image

Attached Image

Attached Image

respected US listed company leader which widely recognized in China cool2.gif
Attached Image

if the average commission is 33%, got revenue of RM150 millions in recent years shocking.gif
Attached Image

Wow whistling.gif
Attached Image

This post has been edited by askagape: Dec 12 2020, 12:49 PM
Pakatan SinMa Plus
post Dec 14 2020, 10:09 AM

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Can't watch the video.

Impressive... rclxms.gif mind to elaborate how to obtain daily income of RM2730 as per shown in the last slide?
CoronaV
post Dec 14 2020, 07:12 PM

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QUOTE(Pakatan SinMa Plus @ Dec 14 2020, 10:09 AM)
Can't watch the video.

Impressive...  rclxms.gif  mind to elaborate how to obtain daily income of RM2730 as per shown in the last slide?
*
Daily income of 2730$ . What?
Pakatan SinMa Plus
post Dec 15 2020, 09:31 AM

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QUOTE(CoronaV @ Dec 14 2020, 07:12 PM)
Daily income of 2730$ . What?
*
I cant play the video, i am just referring to the last photo of @askagape's latest post above.

It is shocking for me too, i am checking with him how does it work.
Pakatan SinMa Plus
post Dec 26 2020, 01:21 PM

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QUOTE(askagape @ Sep 10 2020, 10:44 PM)
2 important dates  cool2.gif

2020 listed(Oct-Dec)

2020 Jan OTC

yawn.gif

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@askagape, nx week will be the end of 2020. Is it already listed? Or there is another postponement?
UglyOrgan
post Dec 29 2020, 09:29 AM

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QUOTE(Pakatan SinMa Plus @ Dec 26 2020, 01:21 PM)
@askagape, nx week will be the end of 2020. Is it already listed? Or there is another postponement?
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ranting.gif bruce.gif biggrin.gif thumbup.gif rclxs0.gif icon_idea.gif
askagape
post Jan 10 2021, 02:28 PM

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still no news of uplifting after a month and left one more month before CNY

looks like going to get delay again...
askagape
post Jan 23 2021, 02:08 PM

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another seminar again brows.gif
https://bit.ly/3sHiwzS

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this guy no give face sweat.gif
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This post has been edited by askagape: Jan 23 2021, 02:08 PM
askagape
post Jan 24 2021, 08:23 PM

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another sifu for OTC, Nasdaq and NYSE biggrin.gif

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Pakatan SinMa Plus
post Jan 29 2021, 04:32 PM

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QUOTE(askagape @ Jan 23 2021, 02:08 PM)
another seminar again  brows.gif
https://bit.ly/3sHiwzS

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this guy no give face  sweat.gif
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How was the seminar last weekend? Did he mention about Agape listing date?
askagape
post Jan 31 2021, 10:31 AM

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a lot of action recently, is it going to have good news before CNY or NYSE listing going to get delay again hmm.gif

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https://sec.report/Document/0001493152-21-001134/
https://sec.report/Document/0001493152-21-001580/
https://sec.report/Document/0001493152-21-002070/

askagape
post Feb 12 2021, 11:01 AM

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still no news about NYSE or Nasdaq rolleyes.gif

happy CNY everyone biggrin.gif
SUSyklooi
post Feb 12 2021, 11:12 AM

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Just put the blame on the Covid19 pandemic for the delay.... Can also just tell that, it will get better stock price when listed After the pandemic is over....
Just tell anything that can make believes for those that had put money in with the hope of the company getting listed.... Cannot do anything legally, but just wait, while the organisers are getting and celebrating a Happy Chinese New year with all expenses fully paid for.
Dreamcoffee
post Feb 12 2021, 07:55 PM

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those had put in money one have to hypnotise themselves to get better stock price when listed. Cannot do anything...
My relatives don’t talk about it anymore...

MUM
post Feb 12 2021, 08:14 PM

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What is the use of high n good price when one got no avenue to exchange that for cash? ...
Like those who joined during the pre OTC listing... Now that the OTC has listed for some years... can those who joined for that, be able to exchange it for cash now that the price is high n good?

This post has been edited by MUM: Feb 12 2021, 08:32 PM
askagape
post Feb 27 2021, 03:23 PM

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QUOTE(askagape @ Oct 4 2020, 02:04 AM)
wow.. another full house sharing when covid case number is increasing
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Good news after CNY, not from Agape but from Phoenix Plus rclxms.gif

https://sec.report/Document/0001493152-21-004880/#sa_011

QUOTE
Phoenix Plus Corp. is offering 3,000,000 shares of our common stock at a price of $1.00 per share and our selling shareholders are offering 62,140,875 shares of our common stock at a price of $1.00 per shares. As of December 31, 2020, we have sold 510,000 shares of our common stock in our public offering. We will not receive any of the proceeds from the sale of shares by the selling shareholders. We are making our offering on a self-underwritten, “best efforts”, no minimum basis. There is no minimum number of shares we are required to sell before we sell any shares or required to be purchased by each investor. The selling shareholders may be deemed to be underwriters with respect to their sale of their shares.


Phoenix Plus successfully sold 510,000 shares from the total 66,140,875 shares being offer, maybe Agape can do the same to sell shares soon thumbup.gif

Even the beloved ceo also want to sell shares in Phoenix Plus tongue.gif
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This post has been edited by askagape: Mar 5 2021, 01:30 PM
MUM
post Feb 27 2021, 04:00 PM

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deleted.....
(after realising that above post was about Phoenix Plus not Agape)

This post has been edited by MUM: Feb 28 2021, 09:55 AM
askagape
post Mar 5 2021, 01:31 PM

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QUOTE(MUM @ Feb 26 2021, 09:00 PM)
deleted.....
(after realising that above post was about Phoenix Plus not Agape)
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yea... i just make it clearer.. notworthy.gif
askagape
post Apr 4 2021, 04:00 PM

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anyone manage to join this fb group? got rejected bangwall.gif

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Johnnytan90
post Apr 6 2021, 04:24 AM

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QUOTE(askagape @ Mar 5 2021, 01:31 PM)
yea... i just make it clearer..  notworthy.gif
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Agape not yet listing at NYSE leh.. then now another company with playing the same thing and same method.. focus Agape first la.. share something about what's the progress to listing in NYSE.. lovely dato where are you???
UglyOrgan
post Apr 28 2021, 09:42 AM

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what is the latest news about AGAPE?
UglyOrgan
post May 27 2021, 05:43 PM

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hello?
askagape
post May 29 2021, 11:25 AM

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still losing money... losses is more the revenue because follow industry trend to give too much discounts?
https://sec.report/Document/0001493152-21-011704/

nice podcast to listen to dry.gif
https://www.npr.org/2021/04/21/989625586/th...00-million-deli
Pakatan SinMa Plus
post Jun 13 2021, 10:08 AM

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QUOTE(askagape @ May 29 2021, 11:25 AM)
still losing money... losses is more the revenue because follow industry trend to give too much discounts?
https://sec.report/Document/0001493152-21-011704/

nice podcast to listen to  dry.gif
https://www.npr.org/2021/04/21/989625586/th...00-million-deli
*
Is Agape still a one man show company?

Quarterly report in the link above, Page 15

"Date: May 17, 2021
By: /s/ How Kok Choong
Title: Chief Executive Officer, President, Director, Secretary and Treasurer (Principal Executive Officer and Principal Financial Officer)"
askagape
post Jul 10 2021, 12:03 PM

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QUOTE(askagape @ Sep 3 2020, 11:32 PM)
another successful seminar with full house  cool2.gif
#大鱼吃小鱼
#群鱼吃大鱼

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QUOTE(askagape @ Oct 4 2020, 02:04 AM)
wow.. another full house sharing when covid case number is increasing
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the investors in Phoenix Plus Corp. finally got their shares rclxms.gif
https://sec.report/Document/0001493152-21-016504/

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MUM
post Jul 10 2021, 12:15 PM

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QUOTE(askagape @ Jul 10 2021, 12:03 PM)
the investors in Phoenix Plus Corp. finally got their shares  rclxms.gif
........
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Phoenix Plus Corp is in OTC market market right?.....then the below post is relevant
Got share so what???
pay to have them frame on the wall?
Paying $1 for a $0.0001 PAR VALUE PER SHARE doh.gif notworthy.gif

QUOTE(.... @ Nov 6 2020, 08:57 AM)
How to sell them? its still OTC market and need to find your own buyers which i wondered how those transactions can happened.
*
read back on postings by mckoh,..to know more abt the issues he/she had

source of the image is from
https://sec.report/Document/0001599916-19-000141/

This post has been edited by MUM: Jul 10 2021, 12:28 PM


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askagape
post Aug 14 2021, 07:48 PM

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Agape keep losing money.... revenue also drop... CEO must to get the company listed through SPAC asap before too late... bruce.gif

https://sec.report/Document/0001493152-21-019624/
MUM
post Aug 14 2021, 08:02 PM

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QUOTE(askagape @ Aug 14 2021, 07:48 PM)
Agape keep losing money.... revenue also drop... CEO must to get the company listed through SPAC asap before too late...  bruce.gif

https://sec.report/Document/0001493152-21-019624/
*
hmm.gif Kept Losing money??
i thought you in NOV 2020 you mentioned,...."agape net profit shoot up magically"

post 454, page 23


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ChipZ
post Aug 15 2021, 12:46 AM

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QUOTE(askagape @ Aug 14 2021, 07:48 PM)
Agape keep losing money.... revenue also drop... CEO must to get the company listed through SPAC asap before too late...  bruce.gif

https://sec.report/Document/0001493152-21-019624/
*
So even Agape is biting the dust because of Covid? What happens to the investors then?
askagape
post Aug 22 2021, 12:41 PM

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QUOTE(ChipZ @ Aug 14 2021, 05:46 AM)
So even Agape is biting the dust because of Covid? What happens to the investors then?
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Can ask the CEO here. CEO is coming to the rescue. cool2.gif

🏔山不转路转,路不转人转,看准时机,把危机化为商机!

【生存战疫,否极泰来2.0】再次返场,继上次14/8的分享会议结束后,获得大众的热烈回响,我们听到你的要求,我们将再次特别邀请世界卓越华人企业家终身成就奖,爱缔贝集团全球总裁 #拿督斯里侯建仲博士太平局绅 为我们线上分享他的生存战役,让更多有需要借力的人得到帮助和受益。

😍😍错过首场分享的朋友们,这次一定要把握机会,立即报名注册,即可免费线上聆听最具影响力的实践企业家侯博士的精彩分享。

【生存战疫,否极泰来2.0】
📆日期:8月28日(星期六)
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#agapeatp #AgapeSuperiorLiving #爱缔贝 #生存战疫 #否极泰来 #危机与转机 #侯博士

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Pakatan SinMa Plus
post Sep 8 2021, 10:35 AM

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QUOTE(MUM @ Jul 10 2021, 12:15 PM)
Phoenix Plus Corp is in OTC market market right?.....then the below post is relevant
Got share so what???
pay to have them frame on the wall?
Paying $1 for a $0.0001 PAR VALUE PER SHARE  doh.gif  notworthy.gif
read back on postings by mckoh,..to know more abt the issues he/she had

source of the image is from
https://sec.report/Document/0001599916-19-000141/
*
I never trade in OTC market. However, after doing a simple search in google, I found the trade data for Agape ATP. Based on the data, the latest trade happened in May 2020. It could mean nobody wants to sell the share, or there is simply no demand for the share.

So, you are most probably right. Having share doesn't mean the share holders can change the shares to money easily.

user posted image
Pakatan SinMa Plus
post Sep 8 2021, 10:40 AM

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QUOTE(MUM @ Aug 14 2021, 08:02 PM)
hmm.gif Kept Losing money??
i thought you in NOV 2020 you mentioned,...."agape net profit shoot up magically"

post 454, page 23
*
A company's revenue can shoot up magically in a quarter and then plunge horribly in the next few quarters. that sounds very suspicious.
wsws1100 P
post Oct 5 2021, 08:23 PM

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Hi all, I'm interested to buy any U.S OTC Market counters (including Agape ATP Corp (AATP) and DSwiss Inc (DQWS), which has mentioned in this thread).

Please PM me if you are interested to sell the shares.
MUM
post Oct 5 2021, 08:24 PM

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QUOTE(wsws1100 @ Oct 5 2021, 08:23 PM)
Hi all, I'm interested to buy any U.S OTC Market counters (including Agape ATP Corp (AATP) and DSwiss Inc (DQWS), which has mentioned in this thread).

Please PM me if you are interested to sell the shares.
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buying at published market price?

This post has been edited by MUM: Oct 5 2021, 08:29 PM
wsws1100 P
post Oct 5 2021, 08:45 PM

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QUOTE(MUM @ Oct 5 2021, 08:24 PM)
buying at published market price?
*
nope, if buying at published market price, I guess it's better for me to buy from market sweat.gif sweat.gif
MUM
post Oct 5 2021, 08:57 PM

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QUOTE(wsws1100 @ Oct 5 2021, 08:45 PM)
nope, if buying at published market price, I guess it's better for me to buy from market  sweat.gif  sweat.gif
*
can buy and sell in the market?

btw, how much discount are you wiling to buy?....
just incase there are people that wanted to sell and read your offer then they can contact you....
wsws1100 P
post Oct 5 2021, 09:25 PM

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QUOTE(MUM @ Oct 5 2021, 08:57 PM)
can buy and sell in the market?

btw, how much discount are you wiling to buy?....
just incase there are people that wanted to sell and read your offer then they can contact you....
*
Yes, since there are ask orders in the market.

The amount of discount would depends, it's more like a private deal with the different negotiation with each individual shareholders (e.g. quality of counter, number of shares, etc etc).

So I shall say that there is no a fixed discount that applies to all shareholders.
MUM
post Oct 5 2021, 09:31 PM

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QUOTE(wsws1100 @ Oct 5 2021, 09:25 PM)
Yes, since there are ask orders in the market.

The amount of discount would depends, it's more like a private deal with the different negotiation with each individual shareholders (e.g. quality of counter, number of shares, etc etc).

So I shall say that there is no a fixed discount that applies to all shareholders.
*
thanks for sharing... notworthy.gif

you mentioned, "Yes, since there are ask orders in the market."
if an ask order means, can do trade in the market....
hmm.gif hmm.gif i was just wondering why the seller need to sell at a discount when they can just trade in the market, (since as you mentioned "there are ask order')
wsws1100 P
post Oct 6 2021, 09:58 AM

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QUOTE(MUM @ Oct 5 2021, 09:31 PM)
thanks for sharing... notworthy.gif

you mentioned, "Yes, since there are ask orders in the market."
if an ask order means, can do trade in the market....
hmm.gif  hmm.gif i was just wondering why the seller need to sell at a discount when they can just trade in the market, (since as you mentioned "there are ask order')
*
They can sell in market if they want to, or if they can.

I can buy from the market, but my side only interested with the block order, the order size in the market is too low.

I'm just open an option to people over here, whoever interested to sell their shares, may PM me anytime.

Thanks.
zzerosz
post Oct 7 2021, 02:12 AM

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QUOTE(wsws1100 @ Oct 6 2021, 09:58 AM)
They can sell in market if they want to, or if they can.

I can buy from the market, but my side only interested with the block order, the order size in the market is too low.

I'm just open an option to people over here, whoever interested to sell their shares, may PM me anytime.

Thanks.
*
Hi, has pm-ed you. Please check on it and may let me know your offer. rclxm9.gif
askagape
post Oct 9 2021, 06:47 PM

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S-1/A released bruce.gif
https://sec.report/Document/0001493152-21-024752/


S-1 submitted back in 2020-07-20
https://sec.report/Document/0001493152-20-013599/



MUM
post Oct 9 2021, 08:21 PM

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QUOTE(zzerosz @ Oct 7 2021, 02:12 AM)
Hi, has pm-ed you. Please check on it and may let me know your offer.  rclxm9.gif
*
it had been 2 days already,...hope you had a fruitful encounters with WSWS1100
if you don't mind, can you share the details for the curiosity benefits of others
askagape
post Oct 16 2021, 07:27 PM

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hmmm.. which company is this?

https://www.orientaldaily.com.my/news/socie...21/10/15/444236



Pakatan SinMa Plus
post Nov 30 2021, 06:26 PM

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QUOTE(askagape @ Oct 16 2021, 07:27 PM)
Dato Sri, health supplement, US listing... Sounds familiar.

Is that agape? Or another company?

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