QUOTE(nexona88 @ Jul 10 2015, 11:14 PM)
24% return on the invested capital in 2 years[WTA] Capital Asia Group, have any heard of this company?
[WTA] Capital Asia Group, have any heard of this company?
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Jul 14 2015, 10:05 AM
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#41
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Jul 15 2015, 10:29 AM
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#42
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630 posts Joined: Oct 2010 |
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Jul 15 2015, 01:37 PM
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#43
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630 posts Joined: Oct 2010 |
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Jul 20 2015, 02:42 PM
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#44
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QUOTE(samson1618 @ Jul 20 2015, 11:45 AM) they won't get affected by the news right ? They sell you the product sure can promise the star and the moon. Off-course they said that price drop will not affect pay-out, so you have to to decide to believe or not. You earn 3% discount every time you re-purchase the oil barrel from them. That's how you make money...You are the owner of the oil barrel that you confirm purchase and at the agreement that they will need to pay you on what's the contract as you sign ma ? No? Like every time you sell your oil barrel , you get you 3% straight every 3 months . |
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Jul 23 2015, 04:09 PM
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#45
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QUOTE(wong88kc @ Jul 20 2015, 09:00 PM) You continue to invest?Update from COG. They are making profit. See their news release.... http://www.conserveoil.ca/ |
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Jul 23 2015, 04:39 PM
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#46
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QUOTE(GermanInvestor @ Jul 25 2014, 04:39 PM) Where do you get the information about the vote?? Revisiting this... where is "the truth"? Come on counter his arguments!In 2013 there was a voting for putting every finds together in one large fonds, called "Canadian Oil and Gas International Ltd". The reason for that was (as Proven Oil told the investors): lower costs and the gas fonds could profit more from the oil funds. But: they can also aquire 40% loan capital, without a vote from the investors. And: the investment is now totally different in that, which the investors invested in the first place. Since that day, there are less information, no payments and no actual news given to the investors. Maybe you are right, that the investors get back nearly 60% of their investment till today. But what about the rest of 40%?? You also need to know: if an investor invested 100 TSD Euros, only max of 85% of it where invested. The rest is gone. For costs only (management fee, auditor etc). So if you want to make it right, just say the investors get back 40-50% till now. And I am pretty sure, that's it. But you are right. Most of the investors are afraid of getting linked because of a lot of frauds the last years. There were not only 2 big frauds, there has been a lot more going on. Since the shipping crisis starts in 2009/2010, more and more not really serious investment firms popped out of nowhere. All of them promise 12% or more cash flow. Of course without any risk ;-) I told my uncle, that I am not sorry for him, if he looses his money. That construction could not work and with the people behind that company's, everybody should have known about the high risks. I would never invest in such a company and in such cash flow promises. I work hard for my money and if I want to loose it, I could also burn it. Same result: money is gone!! |
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Jul 24 2015, 02:07 PM
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#47
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QUOTE(GermanInvestor @ Jul 23 2015, 07:57 PM) You want the truth? Here it comes: This claim is happening now or 2 years back? If you read their newsletter in May 2015, they are making CAD$35 net back per barrel. how come no profit? -German investors have to pay back their payoffs for 2013 - the Canadian bank has cancelled the credit amount of 49 Mio CAD for all oil fields - the COGI now needs 49 Mio CAD, so they can "safe" the fields and the German investment. - in the letter to the German investors is NO word about making profit!!!! Anymore questions about this scam investment???? http://www.conserveoil.ca/ |
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Jul 27 2015, 09:36 AM
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#48
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630 posts Joined: Oct 2010 |
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Jul 31 2015, 01:05 PM
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#49
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[quote=GermanInvestor,Jul 28 2015, 01:11 AM]
[quote=escargo75,Jul 27 2015, 09:36 AM] If this allegation is true a lot of Asia investors will be in trouble You just need to google Proven Oil Canada and narrow your search to the last month. You will find a lot of entries. From lawyers, to forums etc. Everything is in German, but you can try translating it with Google. And just for you to notice: POC got 300 Million Euro from german investors. And now, there are just 49 Mio CAD left? And that's a loan from a bank. So where is the money??? I think somewhere in the Carrebean... And the CEO of POC is a women. Maybe Chanel, Gucci, Louis Vuitton etc..... And a big house, some fast and luxury cars. Here is a link to the letter: Money is gone! That's it! https://www.diebewertung.de/wp-content/uplo...GmbhundCoKG.pdf [/quote] That explain why POC being sued? |
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Aug 14 2015, 02:17 PM
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#50
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630 posts Joined: Oct 2010 |
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Sep 21 2015, 11:11 PM
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#51
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QUOTE(GermanInvestor @ Sep 4 2015, 12:33 AM) Not just you ;-) This company really become more and more fishy.....I always thought, that COGI and Canadian Oil & Gas Int. were the same. But surprise, they are not! Maybe the Canadian Oil & Gas Int. is a company controlled by Hanne or his best buddies. It's privately held and no one knows who the owner is. Or it is Mr Crombie himself or one of his company's. Or Mr Helwerda, the head of Sproule.... |
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Dec 21 2015, 12:58 PM
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#52
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QUOTE(GermanInvestor @ Dec 11 2015, 03:37 AM) Now there is a Court Order for Proven Oil Asia for taking no more certain actions. Cannot open the file. Just wondering any investors who do not get back their return?http://mnpdebt.ca/style%20library/mnp/file...ber-27-2015.pdf |
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Jan 29 2016, 03:53 PM
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#53
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Any more latest news?
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Apr 8 2016, 10:38 AM
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#54
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630 posts Joined: Oct 2010 |
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Apr 15 2016, 02:13 PM
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#55
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630 posts Joined: Oct 2010 |
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Apr 15 2016, 02:15 PM
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#56
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QUOTE(Showtime747 @ Apr 8 2016, 04:31 PM) So you no rugi right ? How about jack2 guy3288 and anybody here who invested ? Got back all money ? It is not the scheme that is flawed but the previous one sold at Europe that is flawed. The collapse of the mother company is not due to the crude oil investment scheme....After the collapse, do you still think the business model is flawed ? 12% return justified by the risk ? |
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Apr 18 2016, 09:44 AM
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#57
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