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 Genesis corp... Bio Starch Industries Worldwide, Is is a scam?

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kelvinlym
post Aug 25 2017, 09:31 AM

Yes, that was my car.
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From: Kuala Lumpur


Legit or no, I'm not sure.

Put yourself in their shoes. If they can offer 10-15%, they must be able to generate profits way higher than that. If they can guarantee you, is it not better that they go to banks with lower interest rates and less need to do marketing etc? If they're so revolutionary, why not approach those venture capital if there banks don't layan? Because they know their plan will be picked apart by the experienced investors. They go to non sophisticated public for funds because they actually can't guarantee that returns. Easier to default with public then with banks. And that's considering they're legit in the first place. If they're a scam, then its collapse is inevitable.

So think about it.

 

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