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 Boss Venture

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TSedison1437
post Dec 30 2013, 06:28 PM

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QUOTE(kasey1314 @ Dec 30 2013, 05:30 PM)
can i assume this is an MONEY GAME?
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QUOTE(colourfullife @ Dec 30 2013, 05:57 PM)
Yes, money game is sort of like pyramid scheme. Once no money get pump in, the pyramid collapsed. Hence, not something you would want to put money in.

Having said that, don't mixed up pyramid and mlm. MLM is just a proven marketing strategy.

BV used MLM technique in order to get money pumped in to the pyramid. Without IBO finding new prospect to invest money nobody get paid.
*
i think you got the point upline absorb money from downline so on and so forth.....
the money will keep rolling if the downline keep on expending....
kasey1314
post Dec 30 2013, 06:54 PM

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QUOTE(colourfullife @ Dec 30 2013, 05:43 PM)
No need to assume. It is money game.
*
But I still believe,

many people is making money of it. But definitely not ME,

Hakka people said “ Mao Miang Shui”.
kasey1314
post Dec 30 2013, 06:55 PM

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QUOTE(colourfullife @ Dec 30 2013, 05:57 PM)
Yes, money game is sort of like pyramid scheme. Once no money get pump in, the pyramid collapsed. Hence, not something you would want to put money in.

Having said that, don't mixed up pyramid and mlm. MLM is just a proven marketing strategy.

BV used MLM technique in order to get money pumped in to the pyramid. Without IBO finding new prospect to invest money nobody get paid.
*
+1 likes
colourfullife
post Dec 30 2013, 08:15 PM

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QUOTE(kasey1314 @ Dec 30 2013, 06:54 PM)
But I still believe,

many people is making money of it. But definitely not ME,

Hakka people said “ Mao Miang Shui”.
*
Because you don't know how to con people, that's why can't earn a penny rolleyes.gif
Azurika
post Dec 31 2013, 08:13 AM

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QUOTE(edison1437 @ Dec 30 2013, 04:23 PM)
information i have is you need to pay at least RM825 for start up

either you choose "sleep mode" or "active mode"

sleep mode you no need to find downline also can earn

active mode you need to find downline to earn more

i dont see any trading items here but money pretty similar to stock.....
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Correction,
1)Sleep Mode/Passive mode, you MIGHT earn if there is daily sales profit
2) There is quite alot of trading of products/items, and it is nothing like stock

Im not too sure about why this was mentioned
"This mean, any company with MSC status is actually and supposed to developed infrastructure and technology under the law of BoG. Instead, BossVenture.com (Cash Deal Sdn Bhd) had misconducted BoG to run a business under MLM scheme."
Kindly do let us know why you think they are not developing infrastructured and technology ?

QUOTE
but the friend of mine already dumped 5k USD to this boss venture

i smell fishy but he sound very confident with the plan

since he said he already earning interest from the money he paid, i ask him to prove me that he is able to withdraw the money.

think if transaction success, will see the money latest Tuesday

It will be on Friday icon_rolleyes.gif




TSedison1437
post Dec 31 2013, 08:40 AM

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QUOTE(Azurika @ Dec 31 2013, 08:13 AM)
Correction,
1)Sleep Mode/Passive mode, you MIGHT earn if there is daily sales profit
2) There is quite alot of trading of products/items, and it is nothing like stock

Im not too sure about why this was mentioned
"This mean, any company with MSC status is actually and supposed to developed infrastructure and technology under the law of BoG. Instead, BossVenture.com (Cash Deal Sdn Bhd) had misconducted BoG to run a business under MLM scheme."
Kindly do let us know why you think they are not developing infrastructured and technology ?
It will be on Friday  icon_rolleyes.gif
*
seems like you also a part of it

any successful withdrawal transaction?
Azurika
post Dec 31 2013, 09:27 AM

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QUOTE(edison1437 @ Dec 31 2013, 08:40 AM)
seems like you also a part of it

any successful withdrawal transaction?
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Been with them awhile, yeah I am able to withdraw. You will receive it on Friday if your Maybank from "Cash Deals"
TSedison1437
post Dec 31 2013, 09:50 AM

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QUOTE(Azurika @ Dec 31 2013, 09:27 AM)
Been with them awhile, yeah I am able to withdraw. You will receive it on Friday if your Maybank from "Cash Deals"
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as i know you able to get back your principle after like 4 months?
Azurika
post Dec 31 2013, 10:02 AM

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QUOTE(edison1437 @ Dec 31 2013, 09:50 AM)
as i know you able to get back your principle after like 4 months?
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If your passive ? No ..
Basic entry your return of investment fully withdrawal is roughly 7 months
Top up USD30 upon entry and it would be 6 months.
Both of this are based on the assumption everyday they pay out Max profit, it is not guaranteed, but they have been doing so for the last 15 months.
TSedison1437
post Dec 31 2013, 10:09 AM

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QUOTE(Azurika @ Dec 31 2013, 10:02 AM)
If your passive ? No ..
Basic entry your return of investment fully withdrawal is roughly 7 months
Top up USD30 upon entry and it would be 6 months.
Both of this are based on the assumption everyday they pay out Max profit, it is not guaranteed, but they have been doing so for the last 15 months.
*
i dont understand the 1 highlighted

RM825 is the entry amount. to have the principle back you need 7 month. unless you add another USD 30 for 6 months.

Right?
Azurika
post Dec 31 2013, 10:25 AM

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QUOTE(edison1437 @ Dec 31 2013, 10:09 AM)
i dont understand the 1 highlighted

RM825 is the entry amount. to have the principle back you need 7 month. unless you add another USD 30 for 6 months.

Right?
*
Yes RM825 is the basic entry amount. You may choose to top up additional USD30/RM99 monthly which is optional. If you top up USD30 for the first month and not subsequent month, your return of investment is shorter due to higher capital in the passive income pool.
kasey1314
post Dec 31 2013, 06:38 PM

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Just like Genneva, top pyramid make big money.

Middle level make money,

Bottom level.........

Trust yourself .....like a forumer said.

If you know how to con, no need wait ......direct pump GAO GAO inside...

If you invest GAO GAO in early stage , sure make good returns....

Use your result to make the world shut up....
Azurika
post Dec 31 2013, 06:50 PM

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QUOTE(kasey1314 @ Dec 31 2013, 06:38 PM)
Just like Genneva, top pyramid make big money.

Middle level make money,

Bottom level.........


Trust yourself .....like a forumer said.

If you know how to con, no need wait ......direct pump GAO GAO inside...

If you invest GAO GAO in early stage , sure make good returns....

Use your result to make the world shut up....
*
Aint that the basic of most MLM shocking.gif why is it only Genneva ? shakehead.gif
escargo75
post Jan 19 2014, 03:08 PM

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I just cannot understand how the company make money except getting money from new members. You got 100% discount - are you kidding? It means you buy without paying a penny. How the hell a e-commerce stall make money like that? Somemore boast got MSC status and have established all over Asia?

Why the authority taking action like Geneva? Really need to wait till is too late?
OniDoro
post Jan 24 2014, 05:44 PM

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QUOTE(edison1437 @ Dec 29 2013, 03:06 PM)
according to my friend this boss venture not going to run for long at most until 2015 July/Aug
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shocking.gif shocking.gif
may i ask where is this information from???
Son of the founder? hmm.gif
quidnuncs
post Jan 24 2014, 09:14 PM

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QUOTE(OniDoro @ Jan 24 2014, 05:44 PM)
shocking.gif  shocking.gif
may i ask where is this information from???
Son of the founder? hmm.gif
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Nobody can predict the collapse period. Why your friend said that? Any evidence to substance his words?
Azurika
post Jan 25 2014, 12:19 AM

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The safest bet you can predict that your 1.5% will drop is in 2021 when they start getting taxed. Personally I do not see it dieing anytime within 3-4 years yet.
rymkk
post Jan 29 2014, 06:22 PM

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QUOTE(edison1437 @ Dec 31 2013, 10:09 AM)
i dont understand the 1 highlighted

RM825 is the entry amount. to have the principle back you need 7 month. unless you add another USD 30 for 6 months.

Right?
*
I know this is too late to reply on the thread but I found this interesting.

The start up cost is RM825 or USD250 (250x 3.3). You are paying for the franchise fee to become the company Reseller Licensee not enrollment fee.

How do you make money staying passive?

From the USD250, USD100 is used to buy peek credits that will generate up to 1.5% daily payment known as Daily Sales Incentive. No sponsoring is necessary to earn from the business because of revenue sharing concept.

The company allocates 20% of its global daily sales from peek credits and physical products from its e-Mall - BVMalls.Com to be shared by their resellers as Daily Sales Incentive. Now, if they can pay up to 1.5% daily from the 20% allocation, the global daily sales volume must be huge.

What is peek credit? It is a discount value that can be used for shopping at the online mall. Why is it valuable? Because you cannot shop at the mall without buying peek credits. You use peek credits to buy things. Who says it is money game?

Top up here means to buy peek credits so that your Daily Sales Incentive value will increase. Istead of getting USD1.50 daily, you will get more. The minimum top up is USD500 and max is USD10,000. Does get rich quick scheme have max amount?

The USD30 top up is for a reseller to qualify for the earn 3% overriding incentives from their referrals Daily Sales Incentive earnings.

Although the network marketing plan is based on binary system BUT they incorporate 5 x 5 matrix plan to prevent the build up of the so called pyramid system. That means you can only have a total of 3905 people in your network. And 5x5 matrix will give you a clear indication of your potential income. So, this is not a pyramid scheme.

As for Cash Deal Sdn Bhd MSC status I don't think they misused the status at all because the company core activities as per MSC registration are Research, development and commercialization of Digital Neural Application (D.N.A) and e-Mall Solution.

They helped developed BossVenture online mall BVMalls.Com, which is within their core activities.

Will this be another Geneva, American Euro Index, Swiss Cash, Mirza?

Well, for sure those mentioned above either does not have a license to take deposit from the public or not licensed to manage other people money.

ONLY licensed commercial banks can take deposits from the public. And ONLY licensed investment company can invest people money.

They need license from Bank Negara Malaysia and Security Commissions, which this case those companies DOES NOT have therefore deemed Get RICH Quick Scheme. That's WHY they are closed down! Ha ha ha..

This post has been edited by rymkk: Jan 29 2014, 07:57 PM
BVHT2013
post Feb 8 2014, 02:54 AM

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QUOTE(rymkk @ Jan 29 2014, 06:22 PM)
I know this is too late to reply on the thread but I found this interesting.

The start up cost is RM825 or USD250 (250x 3.3).  You are paying for the franchise fee to become the company Reseller Licensee not enrollment fee.

How do you make money staying passive?

From the USD250, USD100 is used to buy peek credits that will generate up to 1.5% daily payment known as Daily Sales Incentive.  No sponsoring is necessary to earn from the business because of revenue sharing concept.

The company allocates 20% of its global daily sales from peek credits and physical products from its e-Mall - BVMalls.Com to be shared by their resellers as Daily Sales Incentive.  Now, if they can pay up to 1.5% daily from the 20% allocation, the global daily sales volume must be huge. 

What is peek credit?  It is a discount value that can be used for shopping at the online mall.  Why is it valuable?  Because you cannot shop at the mall without buying peek credits.  You use peek credits to buy things.  Who says it is money game?

Top up here means to buy peek credits so that your Daily Sales Incentive value will increase.  Istead of getting USD1.50 daily, you will get more.  The minimum top up is USD500 and max is USD10,000.  Does get rich quick scheme have max amount?

The USD30 top up is for a reseller to qualify for the earn 3% overriding incentives from their referrals Daily Sales Incentive earnings.

Although the network marketing plan is based on binary system BUT they incorporate 5 x 5 matrix plan to prevent the build up of the so called pyramid system.  That means you can only have a total of 3905 people in your network.  And 5x5 matrix will give you a clear indication of your potential income.  So, this is not a pyramid scheme.

As for Cash Deal Sdn Bhd MSC status I don't think they misused the status at all because the company core activities as per MSC registration are Research, development and commercialization of Digital Neural Application (D.N.A) and e-Mall Solution.

They helped developed BossVenture online mall BVMalls.Com, which is within their core activities.

Will this be another Geneva, American Euro Index, Swiss Cash, Mirza? 

Well, for sure those mentioned above either does not have a license to take deposit from the public or not licensed to manage other people money. 

ONLY licensed commercial banks can take deposits from the public.  And ONLY licensed investment company can invest people money. 

They need license from Bank Negara Malaysia and Security Commissions, which this case those companies DOES NOT have therefore deemed Get RICH Quick Scheme.  That's WHY they are closed down!  Ha ha ha..
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rclxms.gif flex.gif [I][/I]
riin_mon
post Feb 13 2014, 11:04 AM

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Hope you all realize this isn't really a MLM, it is worst as is Ponzi scam
in any investment, when the return is too good to be true, is time to be cautious

Ponzi is taking new investor's money (or old investor's own buyback) to pay back to old investors
there are a lot of online video and materials on how to detect a Ponzi, everyone should be extra cautious

even if you are old investors and are able to take the profit and run and probably even get to afford a brand new car, don't forget about karma as black heart money need to pay back eventually. Because once the Ponzi pyramid is "built" we all know somehow there will be people get burn at the end when it collapse ..

the only one who win big is the scammer, old investors win small and most investors lose their hard earned savings

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