Hey Anonymous Me,
R u the same Anon Me who writes in Martin Lee's blog?
Your writing style even looks the same.

[quote=Anonymous me,Sep 17 2012, 12:23 AM]Genneva My has solid fundamentals and solid contacts with influential people.

The "very soon" you said, you have any date to go along with that?

[/quote]


All readers on this blog should be wary of this Anon Me.
On the Martin Lee blog, he had vehemently, consistently, continuously denied any connection with Genneva. He denied that he was ever saying anything in DEFENCE of Genneva. Now he puts the Genneva flag next to his name. He changes colour as a chameleon to suit his current agenda.
He speaks with a forked tongue. All his talk of oil business and diamond mines is a load of bulls..t.
Read Martin Lee Genneva blog to have a sampling of all the bulls..t he has been spinning there.
Genneva is PONZI scheme, and the rebate or discount is paid from the Buyer's own money. They will run away with your money AND your gold.

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Added on September 17, 2012, 1:42 am. After that he should have the technical know-how to travel to the moon, Mars, then Saturn, Neptune and possibly the Sun also :

[/quote]

Just a word of advice from the inimitable Datuk Samy Vellu, in case you are really planning strip to the Sun. When asked how we can go to the Sun as the heat will burn up the spacecraft, he famously said: " Don't worry, we got that worked out. Just go at night."

This post has been edited by scorpio55: Sep 17 2012, 01:42 AM

Why bother to listen to all this rubbish coming from this Anon Me?
Nothing but rubbish and bull s..t and co.k and b.ll fairy tales. Previously, it was a big My bank buying up Genneva, then it was a European bank, then it was going for public listing, then it was Lloyds of London g'teeing their SKR, now it is lucrative oil trading buying from PETRONAS, operating gold mine, listing in Shanghai, etc. etc. ad nauseam, ad infinitum. Loads and loads of b.ll s..t. and c..k and b.ll.

Don't waste your time reading his posts or commenting on them. And don't ever part with your money to this group of scamsters and fraudsters.

If you have read Martin Lee Genneva Gold blog since inception, then you will know that Pat Lu has a credibility rating of NIL, maybe even -ve i.e. less than NIL. I just hope he/she will stop his/her ranting and raving.

Shall someone who is now trapped in Genneva gold investment ask this Anon Me whether he is bulls..ting about Genneva Sg senior personnel having absconded with gold or having made reckless forex investment and causing financial difficulties. If he is not bulls..ting he should produce some documentary record of such reason for the company's financial predicament. He is greatly adept at demanding others to produce proof of their assertions and postings. Anon Me is the champion bulls..ter on the Martin Lee blog. Much has been written by many posters about the unsustainability of the Genneva business model. It is destined to collapse, and it is happening now. You mean to say people should now believe this Anon Me and migrate their gold investment to the new GENNEVA WORLD and take an instant 30% hit?

Anon Me is called the champion Idiot Troll in the Martin Lee Genneva blog, and not without good reason.

Do the readers notice that the Anon Me fella commented on all the unimportant details, But HE STUDIOUSLY AVOIDED ANY COMMENT ON THE MOST SIGNIFICANT ISSUES RAISED. Issues like:

a. The Genneva My directors /masterminds facing criminal charges in My.
b. Genneva SDN BHD having been frozen by Bank Negara and at least RM 40 million was missing from co accounts.
c. Gen Sg is pte LTD co,
d. Gen My paid up capital only RM 50,000.
e. Gen Sg not paying the discounts or rebates and other commissions for months.
f. Providing documentary proof that Gen Sg is indeed suing the manager who ran away with the co treasures.

etc, etc.

Does Genneva investors expect Genneva to defend any lawsuit? Their business model is founded on quicksand and is a con job and scam through and through, so why should they bother to defend any lawsuit? At the first sign of trouble, they will pack up and RUN, WITH ALL THE GOLD AND THE MONEY, OF COURSE!! These crooks already done it with Genneva Sdn Bhd, run away with cash at least RM47 million!! Those who still listen to and believe this Anon Me troll are fools many times over!! Anon Me recommends you to migrate your Genneva plan over to the Genneva World plan! You still believe him?? It is amazing what depths of stupidity humans can sink to!!

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Added on September 25, 2012, 2:32 pmOnly if the gold you hold is pure and with certificate, etc. etc. Otherwise much more than 25%.

This post has been edited by scorpio55: Sep 25 2012, 02:32 PM

Dear Edyek,
Why you so stubborn cannot see the fact?
Genneva Sg is a Ponzi that pays overpriced dividends that is impossible to sustain. And the masterminds have designed the Ponzi to rein in mountains of cash and gold before making a disappearing act.
Are you so blind as to fail to see that Genneva My is of identical design, with the same crooked masterminds behind it too? And it will also collapse and all the investors will be parted from their gold and money too!!!

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Added on September 26, 2012, 7:38 am
Aiayah..matey.....cant you smell SACARSm*?

[/quote]

The Genneva investors can't differentiate a scam, PONZI from an investment opportunity of a lifetime, and yet you think playing around with so thickly veiled sarcasm is going to do them any good?

Anyone interested in Genneva Gold should also visit the other interesting sites. Please google for

hardwarezone Genneva gold
hardwarezone GennevaComplainGroup
Martin lee Genneva gold + +

IT IS UNBELIEVABLE THAT YOU HANDED IN A BANKDRAFT TODAY WHEN EVERY SIGN POINTS TO A TSUNAMI, SINCE WEEKS AGO!!!

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Added on October 2, 2012, 12:57 amMethinks banking rules mandate that once a cheque is banked in it is as good as cash to the payee, more so since it is a banker's cheque. No bank will try to stop such a cheque in absence of court order or maybe police instructions! The bank will be sued for stopping the cheque and will definitely lose!

This post has been edited by scorpio55: Oct 2 2012, 12:57 AM

Maybe there is such an upheaval at Genneva Sg office today that they may not have banked in the BANKDRAFT. Check with your bank whether in that case it can be stopped.

Other sites: (google for it)

Hardwarezone Genneva payout problem

hardwarezone Genneva complain group

martin lee Genneva gold

QUICK, MAKE A POLICE REPORT ALLEGING FRAUD OR FRAUDULENT MISREPRESENTATION OR CHEATING AND BRING COPY OF REPORT TO BANK MANAGER AND ASK HIM TO STOP PAYMENT AND WAIT FOR COURT ORDER DECISION LATER.

Hi Kent Phan,
Your MATHS suffer a serious fundamental flaw.
You invest $10,000. Markup is 25%. Thus 8,000 used to buy gold. 2,000 left for investment.
2.5% for 3 mths = 750. But you must earn the 750 with only 2,000 net cash.
What should be the actual ROI needed to sustain the pyramid??????????

Hey there, you did not study your high school physics properly?
The densimeter measures density. What use is it to detect tungsten gold if tungsten had an almost identical density compared to gold? Every piece of tungsten gold will pass the test. In fact every piece of tungsten would also pass the test. Because all the pieces will have density of 19.2, same as gold.

We both forgot that on top of the 2.5 % hibah, another 0.5 for consultant and 0.3 for senior consultant. The total monthly payout (not including admin costs and overheads) is then 3.3% p.m. or 39.3 p a. So the ROI required to earn on net cash of only 2,000 is

39.3% x 10000/2,000 = 196.5 % p.a. !!!

At Martin Lee blog, it had been shown that

for hibah at 2% pm, required ROI target is 168% p.a. ( YAT LUK FATT)

for hibah at 3% pm, required ROI target is 228% p.a. ( YEE YEE FATT)

These are the widely bandied about impossible GENNEVA dreams of the YAT LUK FATT and the YEE YEE FATT fantasies.

WOW, THE GENNEVA MASTERMINDS ARE WORLD CLASS FINANCIAL GENIUSES. WARREN BUFFET COULD ONLY MANAGE 20% P.A. !!!

WHY DON'T READERS CHECK OUT WHAT HAPPENED IN ALBANIA SOME TEN/TWENTY YERS AGO. A PONZI SCHEME BECAME SO BIG THAT MAYBE HALF THE POPULATION WAS INVOLVED. WHEN IT COLLAPSED, AS EVERY PONZI WOULD, THE GOVERNMENT ALSO ALMOST COLLAPSED IN THE AFTERMATH,,!!

WIKIPEDIA CAN PROVIDE SOME DETAILS,

Was it not posted some pages ago that the GENNEVA promise is actually that they can achieve investment ROI's of 168 to 228% pa? This is because for every 100 units invested, 80 units to buy gold, left with 20 units net cash on which to derive income.

THE IMPOSSIBLE DREAM !!!

Do you need to be an accountant to know the following?

1. For every sale of 100 units money, use 80 units (purportedly) to buy real 999 gold (purportedly), left with 20 units net cash for investment. (If fake gold, investor is sunk !!)
2. Pay hibah + commission + uplink = 2.8 to 3.8% pm ON 100 UNITS, thus MUST GET RETURNS OF 168 to 228% pa on 20 UNITS. ( See the recent psot above YAT LUK FATT, YEE YEE FAT or All Prosper, Easy Prosper).
3. At lower end payout of 2.8% on 100 units, 2.8 x 12 = 33.6 units pa is paid out. THIS IS ALREADY MORE THAN THE NET CASH HOLDING OF ONLY 20 UNITS !!! Thus with every sale, the net cash holding cannot even sustain 1 year's payouts !!
4. GENNEVA needs to grow the new investor numbers exponentially to get new funds to pay off old investors =='the classic definition of a PONZI !!! A PONZI WILL SOONER THAN LATER FAIL AND COLLAPSE.

MORAL: Every new sale of gold is balance sheet depletive while at the same time it is cash flow accretive. IN SIMPLE LANGUAGE EVERY SALE WILL RESULT IN MORE CASH IN GENNEVA COFFERS BUT IT SIMULTANEOUSLY INCREASES THE LIABILITIES OVER THE ASSETS. When new buyers become scarce, THE PONZI COLLAPSES WITH A HUGE EXCESS OF LIABILITIES OVER ASSETS !!! BUT THERE IS QUITE A LOT OF CASH, OTHER PEOPLE'S MONEY, IN BANK, AND GENNEVA OPERATORS WILL RUN AWAY WITH THIS MONEY, + PLUS ALL THE GOLD IN THE PARK IN OR SKR SCHEME BELONGING TO OTHERS.

It is mind boggling to read the postings of all the GENNEVA supporters cursing the BNM and GOVT for freezing a "perfectly legit co."!! All this blindness to the plain facts!!

Over and above the unsustainability of the business model, there is a big scope for other tricks like:
a. issuing self branded fools' or fake gold (tungsten gold)
b. delaying delivery of gold after full payment; delaying payment after sell back gold has been delivered.
c. make investors play musical chair game by Park In Scheme or SAFE keeping Receipt scheme or by renting gold back to recycle, i.e. total gold purchased by GENNEVA is far less than actually paid up for.
d. Hide the treasure trove and secretly arrange for a raid, then ask every one to curse BNM and GOVT.

Bank Negara has to stop this scam before it becomes so big that it's ensuing collapse will be exceedingly
CATASTROPHIC !!

This post has been edited by scorpio55: Oct 5 2012, 11:40 PM