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 UFun Club, what is it all about? Legit investment?

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drfeelgood
post Dec 22 2014, 08:04 PM

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QUOTE(momocoyee @ Jun 10 2014, 10:39 PM)
We run this with approval.

We have corporate with binapuri closely
We have launch a resort in Bangkok with binapuri u can find more about it on Internet.

If we are scam binapuri won't choose us as partner
It will affect their reputation.
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You sound like ufun member.hmm i was talking to one of your so called investors.

My question which he couldnt answer me was.

For a 2star entry... the capital is Rm3800 (equivalent to 1000Usd)
You supposedly get 850ufun credits...
but the money making device of this whole this is the Ufun tokens. You only get 13...?

So actually where did your Usd1000 go to?

Please explain this to me.tks
drfeelgood
post Dec 22 2014, 08:06 PM

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QUOTE(andreiyy12 @ Dec 11 2014, 03:23 AM)
Hi, I have invested in this myself and I can tell you with a good team structure and organized people you can get a lot of money from this , a friend of mine has 250k UTokens , by investing only 1150 Dollars in this ( Bought a 2star package ) When the price is going to go to $1.00 HE is going to have $250k from just a 1150 dollars investement . However, you will have to work hard and persuade a lot of people to get into your team.

I can answer all your questions about UFUN / UTokens. This is going to be a lifetime changing opportunity for anyone who is investing in this but you will have to work hard and if you can bring 1-2-3 people into the business you will earn a lot of money , My friend is making around $300-500 dollars a day by not doing anything.

The company gets money from : Taking a lot of commission from people : 22% when you sign up 1% per transaction fee 10% when you withdrawal your money , so the company is making enough money to sustain themselves. THE CONRACT WAS SIGNED AND COSTS $22 Billion USD . If you have any questions about this I can provide you with all the information that you want .
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Please see my earlier post. Maybe you would be able to explain it to me.
drfeelgood
post Dec 22 2014, 08:10 PM

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QUOTE(rekeyz @ Dec 13 2014, 04:53 PM)
wow...why i condemn??bcause 1 of my buddy join this..attend their functions..and blablabla..then i ask him, have u get ur split yet??answer is NO!!he joined almost 1 year now..and yet he get nothing..lucky i didnt join..else i will lose my money.. whistling.gif  whistling.gif

btw,if im not mistaken, on fellow forumers here have link that shows that this thing is illegal.. whistling.gif  whistling.gif

no free lunch in this world.. whistling.gif
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Eh... the guy who approached me say got split in october... and show me some website. hmm.gif
drfeelgood
post Dec 22 2014, 08:13 PM

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QUOTE(g-mey @ Dec 19 2014, 10:56 AM)
Guess this clears the sheet up... hmm any ufun club people wanna talk about this?
drfeelgood
post Dec 22 2014, 08:18 PM

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QUOTE(Uk2014 @ Dec 17 2014, 03:49 AM)
Is there anyone here from the UK who has bought Utokens?

I have and seems to be going great.

So far made $493 in 2 1/2 weeks, not a bad return so far.

My friend introduced me and he has been to their head office in Thailand and met the CEO's.

I would recommend anyone who wants to join do your own due diligence, there will always be an element risk with any business / investment you do and Entrepreneurs are risk takers.

Best of luck. If you need any advice, i'll be happy to assist.
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Well it seems, the "parent" company Binapuri has refuted any affiliation with utoken or ufun....

Maybe you could shed some light into this?
drfeelgood
post Dec 22 2014, 08:21 PM

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QUOTE(mynnDAWG @ Dec 22 2014, 04:27 AM)
Now they are twisting the fact that they not an unvestment company / scheme but a group dealing / selling digital money....load of crap
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Hmm. The guy told me they are something like bitcoin.... of course i know what bitcoin was... so he quickly shifted the subject to online shopping etc,,,,...

Asked me to invest 1000Usd or Rm3800. (But if you want to convert your utoken into cash the exchange drate is 3.2Rm for 1Usd... untung so much)

Seems I am quite lucky to search here first...

Hmmm....too good to be true.
drfeelgood
post Dec 22 2014, 08:23 PM

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QUOTE(rekeyz @ Dec 22 2014, 08:17 PM)
its not website bro..just blog..if this company really big one,sure have own website..
btw,that split,not happen.. doh.gif  doh.gif ..like i said,they said got split whatsoever..then they post the utoken value in wechat moment..everyday increase owhhh..but i can see that few months ago,they stop doing that thing..maybe they start to realized that they are being cheated..
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Yup... the guy keep on flooding my whatsapp with hundreds of pics... screenshots of how much his tokens are and how many businesses are accepting tokens as payments??

Better keep my cash in bank... flex.gif
drfeelgood
post Dec 22 2014, 08:28 PM

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QUOTE(DevilUserUK @ Nov 19 2014, 04:27 PM)
Your question of validation is like asking, who validates the price of shares to increase?. its basically influenced by the most basic simple equation of Supply & Demand. Why does limited edition items, watches, phones increase in price? where does it say in the world that the price increase? what dictates the price increase?. Ie

1.Seller one sells for $330.

2. Seller two sells for $345.

3. Seller three sells for $ 280.

4. Seller four sells for $500.

Now once buyers buy all of them, and the only one left available is $500. If you want to buy, because there is no more supply below $500, you are forced to buy it at $500. I hope this clarifies your question as i feel the intention of your question is not related to your intelligence but rather in scepticism and doubt.
Also , in regards to the BNM list, kindly look at the website before relating it back to Utokens.

One of them is obviously a blog, and the other one is in malay??jutawan?? I mean logically just think, if you want to scam on an international level wouldnt you rather use an international web like www.utokens.com which doesnt see any affiliation to any particular country or language??.

Thats like saying if i open up a blog called applemacintosh.blogspot or jutaepal.com and i scam by selling fake apple products, this websites get banned it means www.apple.com is an illegal entity. because im affiliated by selling apple products.

Talking rubbish and indicting online on something is easy, just type and type and talk nonsense while people earn real money. Why? talking rubbish online doesnt cost you anything.

I see many of you writing about this being ponzi, pyramid, money game etc. If i were to walk out of my house now, and i cant use this Utoken anywhere besides on the screen, then yes, we r fcked. But if a private hospital can accept UTokens, if buying a car and a house i can use UTokens, eat outside, sleep in hotels paying UTokens here or overseas why do you think this is a short term investment?. Everyone keeps saying online is the future, what makes you think otherwise? Bitcoin is a proven REAL LIFE PROOF of a success of E currency still insufficient?

I wont argue that this will go on forever, even Chatime which was super successful and initially thought to branch out like starbucks, is now seen quietly settling in and even selling Horlicks now. There are so many reasons i can type, but i rather waste that time earning money because im too poor to buy a comfortable house in a safe environment , a nice imported car & go to London and stay in a hotel rather than a dorm and eat outside in a restaurant rather than a mamak.

I dont know about you guys, but one thing is for sure, if i had listen to 2 of my best friends telling me, this is a scam, better get out, i dont see the potential and good luck to you we will see 3 months from now. I wont be sitting here telling you guys i am close to earning back all my capital + another 5 to 10 times of that if it continues on for the next 6 months. If i choose to withdraw now, i would have earned 2 times, but i choose to risk it, because i can see the potential & if i miss this today, ill regret i didnt put more in.

Your situation may be similar to me, where 10 out of 10 tells you this is a scam, its absolutely normal, because they dont understand, it took me 2 hours of conversation to understand, do you think spending time researching online or talking to someone who has only seen 10 mins of info online being able to tell you whats really going on?. Maybe your friend isnt explaining to you the way he should be, maybe he himself doesnt completely understand.
Trust your judgement and if you have the hunger to succeed and get out of your current lifestyle, would it really hurt you to just try and listen with a fair mind?. If it really is fishy and sounds dodgy, no worries just get the fck out at least you cleared your doubt and like Bitcoin, seeing it at $1200 today you wont feel much except thinking wow its crazy how can it go up so high, oh well back to my work. BUT, if you listen, and you so happen joined, dont you think that there is HOPE that there is a possibility it may go beyond your expectations?. and what turn out to be a scam may indeed change your lifestyle?.

I met a real estate agent which told me he heard of UToken close to a year ago, i asked him, why didnt you join? he said no, i dont join things like that because i dont believe in it.Working hard is the best way. I then ask him again, he said no its ok & thats the end of the story.

Well lets rhetorically say he did join one year ago, and he joined at the lowest package of $500 at the price he said was at 0.20, my estimate today if he were to open the account to have a look at what he has, at todays value of roughly 0.11, he would have earned estimate of no less than $10,000. No MLM nothing just pure invest in UToken value & splits. Thats RM 32,000. Just because like every other normal people, he didnt even want to listen and understand and presumed the worst.

Today, you are in that same situation. Will you be the real estate agent, or take the risk like me, in hopes of a better future ( petrol naik, toll naik, makanan naik, phone bill naik, GF expenses naik but gaji tak naik. Do you really think that today even RM 40,000 will change your lifestyle? maybe if its £ 40,000 la. Our inflation so high RM50 also like RM10 thanks to our great Government. Take some time to understand , Leaders lead, followers follow. 10 people tell you they saw some pigs that can fly , are you the one to believe or think for yourself? you decide.
Forgot to add in, my 2 best friends which i mention when i first joined, which says "this is a scam, ponzi, i dont think it will last more than 6 months, its a pyramid scheme" now after about 3 months,

i told them i earned more than half of my money back in cash on hand, they just quietly says "good la for you, but i hope you wont lose your other half". Will they join now? no, because when i first ask they didnt join then why would they join now??.

Again 3 months later ill say i earn back all my capital. They will say "congratulations lo, you got lucky maybe". Will they join? nope. But mind you, if they had listened and joined when i first ask them to, today they will be standing next to me and congratulating one another we are just earning profits now.

And then another 3 months i start earning, I will say to them, im earning quite a lot now, you want to join? My guess is their answer will still be no, because of whatever reason, their answer will most likely be "its ok lah you already earning this stage, must be too late for me already".

1 year down the road and somehow miraculously UToken still continues, im driving a nice car, i own a house and my lifestyle changed, i meet them and ask, do you want to join now? their answer would most likely be, "do you think it will be too late now? maybe ill join and try."

The morale of the story, is you decide what result you want. Are you out here to look for opportunity, or ure out here to look for problems and faults?.
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You were saying a hospital, cafe, car dealership accepts utokens? Really? Which one?
drfeelgood
post Dec 22 2014, 08:34 PM

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QUOTE(DevilUserUK @ Nov 21 2014, 10:36 PM)
This was after joining UToken.

Now before you say anything, my guess is that you will be saying that this can be forged, or its fake , or you need further better proof etc etc. Y? because your intention here was never to understand or to look at this impartially. After all words for you are just words, you dont risk nor lose anything by indicting. It will take forever to convince you and to what end?  With a glass half empty attitude, even if there is an opportunity right in front of you now, your first reaction is skepticism , doubt, and distrust. Likewise, my 2 good friends, which sadly had that exact same attitude. I now do not mention anything further other than showing result 1 to 2 years down the road. I am sharing my story not because i tend to gain nor do i stand to obtain benefit from this, but like many others here, and perhaps someone who is reading this, you, like me you are just looking for a hope and opportunity for a better change.

I would be lying if i said that i earn all this money through just the increase of UToken value alone. But im just an ordinary guy,im still working under a salary, i still do not own a house, and my parents arent rich. Had i been negative about this, i wouldnt even have the opportunity to explore and a chance to earn even an extra RM1000. i would still be in front of the screen contemplating whether to join now or not. Or perhaps even be on the other side shouting scam and ill see how long you will last  thumbup.gif attitude.

Its easy to point fingers and give an opinion, but honestly think hard and thorough, do you think positive and forward thinking will get you further in life? or the opposite? Im not saying there isnt risk involve in this, but the earlier you join, the faster you get your returns, the better peace of mind you will get whilst opening up a whole lot of possibilities.

A person msged me asking in short whether is it safe to invest in this. I asked this very same question to the person who introduced me into this. His answer was to everything there is risk, do not expect to invest in a low risk share and expect it to blow up like apple shares. Even alibaba's shares, many were skeptical and professional speculators and investors says " dont buy dont buy" because you are just owning a shell of the company not a part of the company. expected price range of $66 to $68. Now go and have a look at the current price of the share.

My answer to him at that time was, its ok, just buy for me first, ill bank in the money first thing tomorrow. Why did i have such blind faith that this isnt a scam or there isnt something dodgy about it?. Because i saw the results personally. do i regret or feel its a scam after joining and doing hours and days of research? nope. in fact im buying and trading in a higher volume now.
http://www.cnbc.com/id/102010663

It really depends on you, whether you are the follower, or the leader. Leader leads by knowing themselves and identify an opportunity where no one else can see. Whereas a follower will listen to the opinion of others and make their deduction base on others opinion. So those who knew that buying alibaba shares were an opportunity went ahead and buy. Isnt that risk? can you imagine if everyone had listened to "professionals" saying dont buy dont buy. With so much negative news you expect it to go up?!are you mad or stupid?!

For the skeptics,  i can only wish you the best of luck and you will only be proving my first point right by replying and being defensive towards my 2 cents remark. I will not envy your negative perception, maybe, you may have the last laugh if this fails tomorrow. But if it goes on for 1 to 2 years. Ill be silently enjoying my success, because i dare to try to make that first step and i have something called hope to look to. I will not regret for i know, with my positive attitude, im bound to bump into the right thing which will make me a bit richer than what i am today & yesterday. ( like UToken!)
For the ones looking to see if its the right investment?. only you can decide for yourself. Why i think this is different from the other e currency out there? because its the first one, and like everything that is first, it will always be the best. IE why macdonalds is more popular here in msia, but KFC is more popular in BRUNEI?. They entered the market first. why was chatime so successful but the rest not so?. Also because of its growing acceptance everywhere. The only way i can see this fail, is that when it has no value, and that will only happen when no one is willing to recognise and accept it. and Bitcoin after 5 years is still out there and someone out there is still accepting it with no concentrated group or culminated force pushing it forward till the last few recent years. But UToken? the company has already started aggressively promoting and encouraging merchants, businesses, services to trade and accept UToken. I can tell you many more other reasons, but at the end of the day, your attitude determines the outcome. So you decide for yourself, whether its worth the risk. You can take your time, but this i can tell you for a fact, the longer you procrastinate the higher the risk. The earlier you join the better if you ever do decide to.Or else because of contemplation, instead of being the one of the early birds to join you end up being one of the latest. If not just stay back and watch whether this will die in a day, a week, a month, half a year, a year, or many more years.

The choice is yours & yours alone, dont let doubt & fear cloud your mind, try and see it from an impartial point of view and if you can identify the key reasons why this will succeed, and you are willing to take the risk. Go ahead, because like everything in this world,no one knows except god knows what will happen tomorrow, so let your decision today be the best to your knowledge and ability today. Do your best, and let god handle the rest. Just be sure you're not throwing your babies milk money and your house and car into this. Only go in and invest with what you are comfortable sleeping at night with. (  Although i did throw my whole life savings into this ). Anyway months after joining UToken im out of this richer for sure =).
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okay. Lets say i join for the 2 star package. At Rm3800 for Usd1000.

why do i get only 850 ucredits? Why the different ucredit and utoken?
why cant i get 1000Usd worth of Utoken?
why do i only get 13 tradeable utokens?
now the exact price per token is Usd0.13. Times 13 tokens... i am screwed of my Rm3800?
why did binapuri deny any affiliation with ufun?

Correct me if i am wrong and I will join you immediately.

drfeelgood
post Dec 22 2014, 08:36 PM

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QUOTE(kreak17 @ Nov 23 2014, 10:08 AM)
In response to this long winded story (which he himself has call others keyboard warrior, but wow, look at his long written essay),
UFUN has been banned by Bank Negara not because of his website lah.
Since when website need license?
BNM banned UFUN because of its unlicensed activities.

So, does it mean UFUN has no license ?
*
So is ufun blacklisted by bnm?

How can we check on this ? Does bnm provide a list of known scams? hmm.gif rclxms.gif
drfeelgood
post Dec 22 2014, 08:38 PM

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QUOTE(rekeyz @ Dec 22 2014, 08:33 PM)
nahhh..thats typical tactics of mlm..
they only use token in their premises..buy at their own business..they have the premise locations at their blog..as far as i know,other than that,nobody accept the tokens..
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Ha ha ha... the guy until telling me how many JB clinics, opticians, mamak shop, char kueh teow stand already taking in utokens....

Dunno la. I had just 1 question for him... and he couldnt answer me ... yet... but just flood my whatsapp only.. haiyoh.
drfeelgood
post Dec 22 2014, 08:41 PM

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QUOTE(RUGGEDFIX @ Dec 4 2014, 08:29 PM)
So the ufun still can invest?
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Yup. It seems, they are still actively recruiting. I was just approached yesterday. In fact.. let me share a screenshot of their 29/12/2014 new year offer...

If i can sieve through the hundreds of photos and screenshots sent from the recruiter into my whatsapp...
drfeelgood
post Dec 22 2014, 08:43 PM

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QUOTE(bulkhy @ Dec 4 2014, 09:14 PM)
PM me if you looking into studying other options of investment .
i have one that will guarantee you 10% return in just 10 days ( Capital + Interest )
Started end of Sept 2014 ..Pioneer for sure  rclxms.gif  rclxms.gif
Cheers Guys.
*
Please Pm me.

Tks
drfeelgood
post Dec 22 2014, 08:45 PM

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QUOTE(yokoloco @ Dec 22 2014, 08:43 PM)

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Thanks for the link.

http://www.bnm.gov.my/documents/2014/20140725_FCA_EN.pdf

really good luck.. icon_question.gif
drfeelgood
post Dec 22 2014, 08:46 PM

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QUOTE(drfeelgood @ Dec 22 2014, 08:41 PM)
Yup. It seems, they are still actively recruiting. I was just approached yesterday. In fact.. let me share a screenshot of their 29/12/2014 new year offer...

If i can sieve through the hundreds of photos and screenshots sent from the recruiter into my whatsapp...
*
The latest and supposedly cheapest and bestest package to join ufun...


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drfeelgood
post Dec 23 2014, 07:12 AM

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QUOTE(drfeelgood @ Dec 22 2014, 08:46 PM)
The latest and supposedly cheapest and bestest package to join ufun...
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The guy dare not reply my query anymore....

He just keep on posting on the whatsapp group on how your Rm3800 can become Rm41k because bina puri got project with Marina Spa resorts Bangkok...

Blah blah blah...

So how to invest into ufun.?
drfeelgood
post Jan 4 2015, 10:46 AM

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QUOTE(futra @ Dec 29 2014, 10:12 AM)
I was approached by someone regarding this whole ufun thingy. The binapuri, the tv3 news, the minimum package join, the payback, the 60x bonus bla bla, the shops that accepts the tokens including lowyat plaza (for real?), and the best thing is.. let it breed, no need finding kaki and login this n that.. just buy when it's low n sell when it's high.. sorta like gold bar thingy.

During his explanation, I browsed bnm n found out it's listed with the "aktiviti tidak berlesen" remark, but dare not tell him at that point since he was SO eager and hyped about it. Do they wait for it to become "berlesen" or risk all the way until some shit happens and freeze all the accounts.. by then, dunno what to say but nangisss...
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Yes. Being disturbed by some ufun fella here as well.

Now utokens are only recognised by ufun. It is not a sovereign currency.

So go in, invest all your money.

And when ufun has collected enough deposits, they close shop.

All ufun people cry, suck thumb, beat themselves silly.....


drfeelgood
post Jan 4 2015, 10:50 AM

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QUOTE(Uk2014 @ Jan 3 2015, 11:44 PM)
Binapuri is it's own company and has nothing to do with Ufun, they are just collaborating to build the Bangkok Marina resort in which Ufun have invested 29%
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You cannot firstly claim.... that ufun is partner with mah sing and binapuri ...

Then in the very next breath say binapuri has nothing to do with ufun.

Both statements contradicts each other.
drfeelgood
post Jan 27 2015, 08:05 PM

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QUOTE(drfeelgood @ Dec 22 2014, 08:36 PM)
So is ufun blacklisted by bnm?

How can we check on this ? Does bnm provide a list of known scams?  hmm.gif  rclxms.gif
*
There. This the sauce of UFUN CLUB being blacklisted by BNM for... well

Up to you guys to think of it.


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drfeelgood
post Jan 27 2015, 08:07 PM

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QUOTE(nursalika @ Jan 15 2015, 08:08 PM)
Y ufun n utoken xde listed bnm? Sbb ufun listed under kpdnkk lah..bank negara malaysia tu kan..mane ade akta perniagaan pulak dalam bnm...hadoi korang ni...xreti buat2 pakar pulak dah...
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Sorry it is BLACK LISTED ....


This is the readily available data from BNM website.


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