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 GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND

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prophetjul
post Jun 27 2012, 01:25 PM

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QUOTE(wongmunkeong @ Jun 27 2012, 01:09 PM)
Most people don't THINK.. due to greed or pure stupidity.

Occam's Razor - follow the money,
IF it doesn't make sense on how the investment can AFFORD to pay out to investor +make $ +cover cost of operations... something's not kosher.
*
When did my bro become a jew? tongue.gif
SUSPink Spider
post Jun 27 2012, 01:37 PM

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My friend working for Genneva...she's seeing client almost everyday sweat.gif
wongmunkeong
post Jun 27 2012, 01:38 PM

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QUOTE(prophetjul @ Jun 27 2012, 01:25 PM)
When did my bro become a jew?    tongue.gif
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hehe off-topic a bit ar mods
Bruce Lee taught me to "take what works, drop what doesn't" - who cares whether its Jew's, Aborigine's, Afrikaan's, Chinese, etc. tongue.gif

Back to topic
True mar - how does Genneva makes / gets the $ to pay investors such returns %?
Would-be investors just need to do the most simplest and thus, most probable (Occam & his razor tongue.gif) - follow the money trail

This post has been edited by wongmunkeong: Jun 27 2012, 01:38 PM
prophetjul
post Jun 27 2012, 01:49 PM

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QUOTE(wongmunkeong @ Jun 27 2012, 01:38 PM)
hehe off-topic a bit ar mods
Bruce Lee taught me to "take what works, drop what doesn't" - who cares whether its Jew's, Aborigine's, Afrikaan's, Chinese, etc. tongue.gif

Back to topic
True mar - how does Genneva makes / gets the $ to pay investors such returns %?
Would-be investors just need to do the most simplest and thus, most probable (Occam & his razor tongue.gif) - follow the money trail
*
The thing about Genneva is that they are very smart and devious.

They used the investors to become part of their money making machine.
What better testimony when the investors exprience first hand success of the biz plan and become sellers themselves?
The thinking stops there..............
SUSPink Spider
post Jun 27 2012, 01:53 PM

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QUOTE(prophetjul @ Jun 27 2012, 01:49 PM)
The thing about Genneva is that they are very smart and devious.

They used the investors to become part of their money making machine.
What better testimony when the investors exprience first hand success of the biz plan and become sellers themselves?
The thinking stops there..............
*
and when ppl see the money, they won't bother to ask laugh.gif
wongmunkeong
post Jun 27 2012, 02:03 PM

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QUOTE(prophetjul @ Jun 27 2012, 01:49 PM)
The thing about Genneva is that they are very smart and devious.

They used the investors to become part of their money making machine.
What better testimony when the investors exprience first hand success of the biz plan and become sellers themselves?
The thinking stops there..............
*
(thinking stops) Luckily that happens to me only when i see lang luis sweat.gif
Greed... yeah & the worse part is suckers get other suckers into it.. sounds just like the great Goldquest gold coin scam and the likes
T630
post Jun 27 2012, 06:41 PM

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the scheme will only break apart when gold drops back to pre-bull prices or no new customers coming in... which will be unlikely...
AUGUST777
post Jun 27 2012, 09:38 PM

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QUOTE(wongmunkeong @ Jun 27 2012, 02:03 PM)
(thinking stops) Luckily that happens to me only when i see lang luis  sweat.gif
Greed... yeah & the worse part is suckers get other suckers into it.. sounds just like the great Goldquest gold coin scam and the likes
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How do they use our money to make money. Please go thru the whole process of how Genneva make use of our money. Please don't just say it and don't illustrate HOW. You mean they don't have initial capital but use our money to start their business? Can't believe it.
SUSPink Spider
post Jun 27 2012, 10:20 PM

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QUOTE(AUGUST777 @ Jun 27 2012, 09:38 PM)
How do they use our money to make money. Please go thru the whole process of how Genneva make use of our money. Please don't just say it and don't illustrate HOW. You mean they don't have initial capital but use our money to start their business? Can't believe it.
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Why not YOU enlighten us
prophetjul
post Jun 28 2012, 08:57 AM

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Its all about positive cashflow and Gold SPIN.

These two assures that the company will not die.

Even when gold price finally tanks, the bagholders will be holding the gold. The 6 month contract is long gone.
There IS NO GUARANTEED buyback after the contract period.

If you wish to seell the gold then, you probably end up with another 20 to 30% haircut from the jewellers......

Like i mentioned, hopefully you are not the one holding Genneva gold when the Gold musiccal chair stops! smile.gif
Rice_Owl84
post Jun 28 2012, 10:57 AM

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QUOTE(prophetjul @ Jun 28 2012, 08:57 AM)
Its all about positive cashflow and Gold SPIN.

These two assures that the company will not die.

Even when gold price finally tanks, the bagholders will be holding the gold. The 6 month contract is long gone.
There IS NO GUARANTEED buyback after the contract period.

If you wish to seell the gold then, you probably end up with another 20 to 30% haircut from the jewellers......

Like i mentioned, hopefully you are not the one holding Genneva gold when the Gold musiccal chair stops!  smile.gif
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Can't always focus on their financial plans and programs to see where they make money. They can make money on just their events/seminars. They usually have entrance fees for those, its not free. Sometimes they have it for free for promotional purposes. But they do have paid seminar events about gold investment in details.

These events are great mixers to meet investors. Remember they invested in Genneva what makes you think they won't invest in other products during the event. Its a salesman/agent heaven. An insurance/property agent will easily be happy to make a sale there by telling them not to put all their eggs in one basket and also invest in their financial plans.

Another one could be collecting information and selling it. The S&Ps they collect can get some serious valuable info. Who's a big investor and who's not. Big investors usually have more big money to invest else where. Who wouldn't want their contact?

Maybe Genneva is doing this. A lot of financial institutes do. They do get money from somewhere and not always straight from the products they sell.


edyek
post Jun 28 2012, 11:43 AM

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This is interesting. Those "investor" never stops coming with defense reply.


SUSPink Spider
post Jun 28 2012, 12:00 PM

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QUOTE(edyek @ Jun 28 2012, 11:43 AM)
This is interesting. Those "investor"  never stops coming with defense reply.
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sound familiar? brows.gif
EddyLB
post Jun 28 2012, 12:57 PM

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Full of greedy people in this world. That's why everyday people got cheated.

Those people who already "invested" are finding excuses to justify the risk. Just like mistresses who believe her man will divorce one day and marry her smile.gif



This post has been edited by EddyLB: Jul 1 2012, 11:24 AM
skng03
post Jul 4 2012, 11:16 AM

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the latest thing from my agent, the r launching new platform drool.gif drool.gif

anyone here dare to go in brows.gif tongue.gif

This post has been edited by skng03: Aug 7 2012, 09:54 PM
SUSPink Spider
post Jul 4 2012, 11:20 AM

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QUOTE(skng03 @ Jul 4 2012, 11:16 AM)
the latest thing from my agent, the r launching new platform of swiss bank selling AAA promissory note/ bond with 9%/year  drool.gif  drool.gif

anyone here dare to go in  brows.gif  tongue.gif
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get the details, check for SC approval, if no, report them...long time no see news of MLM/Pyramid/Ponzi kompany kena raid in papers already brows.gif
skng03
post Jul 4 2012, 11:52 AM

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QUOTE(Pink Spider @ Jul 4 2012, 11:20 AM)
get the details, check for SC approval, if no, report them...long time no see news of MLM/Pyramid/Ponzi kompany kena raid in papers already brows.gif
*
Our sc can raid swiss privatebank at zurich meh ??
SUSPink Spider
post Jul 4 2012, 11:53 AM

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QUOTE(skng03 @ Jul 4 2012, 11:52 AM)
Our sc can raid swiss privatebank at zurich meh ??
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but to collect money to invest/deposit with a swiss bank, the local "agent" need approval unsure.gif
ccslink
post Jul 4 2012, 12:45 PM

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QUOTE(skng03 @ Jul 4 2012, 11:52 AM)
Our sc can raid swiss privatebank at zurich meh ??
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I think if it's regarding sales transactions/ trading of gold & collection of monies from the public within M'sia, perhaps this is the purview of BNM & Min.of Domestic Affairs, rather than the SC.

This post has been edited by ccslink: Jul 4 2012, 12:47 PM
EddyLB
post Jul 4 2012, 07:24 PM

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Out of curiosity, I did a ROC and CTOS search on Genneva Sdn Bhd and Genneva Malaysia Sdn Bhd

Genneva Malaysia Sdn Bhd's paid up capital is only RM50,000.00

Amazing such a small paid up capital is doing so big business

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