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 Do anyone know about WHAT IS SUNSHINE EMPIRE?, Just a new type of MLM company,

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rstusa
post Nov 3 2007, 02:37 PM

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QUOTE(alanyuppie @ Nov 3 2007, 02:46 PM)
I have the rights to laugh him coz my mouth belongs to me. Very cocky to say only warren buffet have the rights to laugh him. Why? just because he's richer than him? What logic is this?

Hmm nvm.. now I change my target already and is laughing at you and the kind of statement you put here. tongue.gif
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Then let the future plan for you!
robertngo
post Nov 4 2007, 12:12 AM

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QUOTE(rstusa @ Nov 3 2007, 10:05 AM)
Although i'm not sunshine empire member here and i don't support James Phang but just don't laugh people first, coz you won't know what happen to the future and you don't have the rights to laugh him, only Warren Buffet have the rights.
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James Phang is better than Warren Buffet??? ROFLOL, he is really cocky to compare himself with Buffet, the greatest invester of our time. If he beat the record of Buffet that average return of above 30 percent for more than 30 year, i will believe he is the better man. dont be so proud if you company grow very rapidly for the first few year. Can he be able to maintain the grow the next 30 year?
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post Nov 4 2007, 12:29 AM

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QUOTE(robertngo @ Nov 4 2007, 12:12 AM)
James Phang is better than Warren Buffet??? ROFLOL, he is really cocky to compare himself with Buffet, the greatest invester of our time. If he beat the record of Buffet that average return of above 30 percent for more than 30 year, i will believe he is the better man. dont be so proud if you company grow very rapidly for the first few year. Can he be able to maintain the grow the next 30 year?
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may i know why he said himself (James Phang) is better then Warren Buffet ??
cause according to this

http://www.forbes.com/lists/2007/10/07bill...ffett_C0R3.html

estimated current net worth of around US$52 billion..

while the Riches Chinese is Li Ka-shing, with about $13 billion...
http://www.chinadaily.com.cn/english/doc/2...tent_424079.htm

so where does James Phang stand ?? i can't seem to find his name in the LIST rclxub.gif rclxub.gif rclxub.gif rclxub.gif rclxub.gif , so
why is he better than warren buffett ?

robertngo
post Nov 4 2007, 12:51 AM

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this is the interview, i cannot stop laughing when reading this. only control USD 300 million claim to be better that Warren and buying company like beancurd. Please lah, try to buy Genting or UOB bank and see if you have enough money. By the way Berkshire Hathaway market cap is now USD 144 Billion and one share is 135k.


QUOTE
Wed, Oct 24, 2007
The Straits Times

'I'm a legend - better than Warren Buffett'

MR JAMES Phang is pumped up with self-belief and confidence, even though a business linked to him is now under scrutiny by the Singapore authorities.

'I'm a legend. I'm very good - better than Warren Buffett,' he declares, referring to the United States investment guru.

Mr Phang claims to control more than US$300 million (S$439 million) in assets.

'We acquire companies like you go to market buying beancurd,' says Mr Phang, a motivational speaker who claims to have over one million students worldwide.

'When I begin my seminars, my loyal participants would shout: 'Father, I love you!',' he says.

Mr Phang, 48, is a charismatic adviser to Sunshine Empire, a multilevel marketing (MLM) firm that has proven to be very popular - but also controversial.

Diversified business

BARELY 16 months into operations here, his MLM arm, Sunshine, was last month placed on the Monetary Authority of Singapore's (MAS') investor alert list. This list names people or firms who may be conducting activities regulated by the MAS without authority.

Mr Phang, who works from a huge office in the Toa Payoh hub, is the founder, director and international president of Empire Group Alliance, a group spanning several Asian countries.

Sunshine is part of the group, but Mr Phang does not own it.

The group has interests in network marketing, entertainment, energy, real estate, telecommunications, health and beauty, insurance, and finance.

Its property arm, Empire Property Venture, is involved in several projects in Malaysia worth US$200 million. These include the 30-storey Empire State Tower in Kuala Lumpur, Sunshine Villa - which will house a medical centre - as well as a marine theme park with underwater accommodation in Malacca.

Empire Group's assets exceed US$300 million, he says.

Mr Phang is careful to emphasise that he 'will not harm anyone and my businesses are legal'.

He says it has taken five years to conceive Sunshine's business model, which he calls revolutionary and superior to others.

At Sunshine, people signing up as merchants under specific plans to shop on its online shopping platform get consumer rebates known as 'e-points', which can be used for online shopping or converted to cash. The rebates are not guaranteed.

Core belief

UNLIKE other MLM firms, Sunshine does not require its 'merchants' to meet a certain sales volume every month - part of its attraction.

Sunshine's online shopping platform reflects Mr Phang's belief in creating wealth.

'We have entered into an era whereby imagination is much more important than knowledge and creativity, much more effective than productivity,' he says.

Humble roots

MR PHANG'S vast business empire belies a humble beginning. Growing up at a vegetable farm in Lim Chu Kang, he worked hard to pay for his studies through various jobs, including construction work.

He left school after O levels and worked at a shipyard while studied for his A levels at night. A medical condition caused his left eye to go blind when he was sitting for his final exams at the National University of Singapore (NUS).

After graduating from NUS with a degree in economics and statistics, he joined the Chinese evening paper, Shin Min Daily News, where he worked as a features writer from 1984 to 1990.

He, however, found his niche in sales, starting at age 19 with door-to-door sales, selling AMC stainless steel cooking utensils, health items and other various products.

'I've sold everything. I'm a walking MLM dictionary. My aim is to grow Sunshine to be a global leading MLM firm with US$2 billion by next year,' he says.

He started MLM firm Number One Product, which sold magnetic mattresses, in 1990.

The Empire Group Alliance was set up in 2003.

Mr Phang is married with four children, ages 13 to 21.


This post has been edited by robertngo: Nov 4 2007, 12:56 AM
cherroy
post Nov 4 2007, 10:32 AM

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QUOTE
Mr Phang is careful to emphasise that he 'will not harm anyone and my businesses are legal'.
I found this phrase is something wrong with its word. Is it needed to emphasis your businesses are legal? while joining member won't be harmed?

The company also involve in finance, insurance, telecommunication? if it does then what a congolmerate. Then why it is under the scurinitised by Singapore, Malaysia as well as China authorities, those businesses are perfectly legal, what?

Confused confused rclxub.gif rclxub.gif

Normally rich people won't claim he/she is rich, smart people won't claim they are smart, this is as far as I know.

So far, in information ages *based on internet application, google is the most successful party as to date.

Just hope to clear up the situation. As the more we read the more we are confused now. rclxub.gif

This post has been edited by cherroy: Nov 4 2007, 02:47 PM
rstusa
post Nov 4 2007, 12:25 PM

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QUOTE(robertngo @ Nov 4 2007, 01:12 AM)
James Phang is better than Warren Buffet??? ROFLOL, he is really cocky to compare himself with Buffet, the greatest invester of our time. If he beat the record of Buffet that average return of above 30 percent for more than 30 year, i will believe he is the better man. dont be so proud if you company grow very rapidly for the first few year. Can he be able to maintain the grow the next 30 year?
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That's why i said we don't know the future what will happen. You thought Warren Buffet never laugh by someone before? Of course got but just we don't know, coz our generation is young. Just like Uncle Lim, many people also got laughing to him before when he want to open the genting hill, but today also success. If everyone thinking & mindset also same like Uncle Lim, then i can tell you that today Uncle Lim will not listed in the Forbes.

This post has been edited by rstusa: Nov 4 2007, 12:26 PM
fiqir
post Nov 4 2007, 04:31 PM

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senior MLMers should know how is james phang actually whistling.gif
jayjay
post Nov 4 2007, 07:03 PM

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QUOTE(fiqir @ Nov 4 2007, 04:31 PM)
senior MLMers should know how is james phang actually  whistling.gif
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mind shed some light on that? smile.gif
iamyuanwu
post Nov 5 2007, 04:58 PM

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QUOTE(rstusa @ Nov 4 2007, 12:25 PM)
That's why i said we don't know the future what will happen. You thought Warren Buffet never laugh by someone before? Of course got but just we don't know, coz our generation is young. Just like Uncle Lim, many people also got laughing to him before when he want to open the genting hill, but today also success. If everyone thinking & mindset also same like Uncle Lim, then i can tell you that today Uncle Lim will not listed in the Forbes.
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Warren Buffett had never been laughed at, you can be sure on this.

People who have have the opportunity to meet him in his youth realised the potential he had, and still have.
ed0gawa
post Nov 5 2007, 05:22 PM

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It takes no genius to know what it is all about.

Well planned ponzi, but with a more practical product compared with LB. But this Sunshine is full of bullshyt, infact too much of it.

If his business plan is that good, that great, he wouldn't need any of those junk seminar. Warren Buffet probably would invest in him.
fiqir
post Nov 6 2007, 09:23 AM

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QUOTE(cherroy @ Nov 4 2007, 10:32 AM)
I found this phrase is something wrong with its word. Is it needed to emphasis your businesses are legal? while joining member won't be harmed?

The company also involve in finance, insurance, telecommunication? if it does then what a congolmerate. Then why it is under the scurinitised by Singapore, Malaysia as well as China authorities, those businesses are perfectly legal, what?

Confused confused  rclxub.gif  rclxub.gif

Normally rich people won't claim he/she is rich, smart people won't claim they are smart, this is as far as I know.

So far, in information ages *based on internet application, google is the most successful party as to date.

Just hope to clear up the situation. As the more we read the more we are confused now.  rclxub.gif
*
he just high class Ah-Beng in singapore, nothing more than that smile.gif
fookiat
post Nov 6 2007, 02:24 PM

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I think they have a post on this a long time ago..

http://forum.lowyat.net/topic/457168
fiqir
post Nov 6 2007, 02:57 PM

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QUOTE(fookiat @ Nov 6 2007, 02:24 PM)
I think they have a post on this a long time ago..

http://forum.lowyat.net/topic/457168
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then a quite funny.. why still got somebody here interested to invest in this type of company biggrin.gif
robertngo
post Nov 6 2007, 03:01 PM

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QUOTE(fiqir @ Nov 6 2007, 02:57 PM)
then a quite funny.. why still got somebody here interested to invest in this type of company  biggrin.gif
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there is always ppl blinded by greed, this is why this kind of ponzi scheme always have ppl to con. ppl always want to believe there is a easy way to earn big bucks. these kind of company just make up nice stories about how revolutionary their business concept is and the fabulous return they will give out.

This post has been edited by robertngo: Nov 6 2007, 03:02 PM
rstusa
post Nov 6 2007, 03:04 PM

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QUOTE(robertngo @ Nov 6 2007, 04:01 PM)
there is always ppl blinded by greed, this is why this kind of ponzi scheme always have ppl to con. ppl always want to believe there is a easy way to earn big bucks. these kind of company just make up nice stories about how revolutionary their business concept is and the fabulous return they will give out.
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How about QUEST NET that we heard last time? I think also same like sunshine, coz both of them using same binary system.

This post has been edited by rstusa: Nov 6 2007, 03:05 PM
fookiat
post Nov 6 2007, 03:08 PM

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its funny how this goes..

a person comes out and ask about the company..

a lot of people condemn it..

a person working/a part of the company supports it..

and the cycle goes on and on and on..

what important is, be very careful, open your eyes and listen..
fiqir
post Nov 6 2007, 03:53 PM

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QUOTE(robertngo @ Nov 6 2007, 03:01 PM)
there is always ppl blinded by greed, this is why this kind of ponzi scheme always have ppl to con. ppl always want to believe there is a easy way to earn big bucks. these kind of company just make up nice stories about how revolutionary their business concept is and the fabulous return they will give out.
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the most funny thing parts, SE agents prefer to trust their founder( father's of SE ) rather than their local authorities that Securities Commission of Malaysia and Monetary Authority of Singapore (MAS) biggrin.gif

This post has been edited by fiqir: Nov 6 2007, 03:56 PM
jong52yuara
post Nov 6 2007, 04:26 PM

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QUOTE(fiqir @ Nov 6 2007, 03:53 PM)
the most funny thing parts, SE agents prefer to trust their founder( father's of SE ) rather than their local authorities that Securities Commission of Malaysia and Monetary Authority of Singapore (MAS)  biggrin.gif
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so far there is still nothing wrong with the SE, security commision of malaysia and sg just blacklist them bcoz has no legal permit to accept investment from public. in these kind of situation, the only proof saying SE is scam is when they run away with the money..
iamyuanwu
post Nov 6 2007, 05:17 PM

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QUOTE(jong52yuara @ Nov 6 2007, 04:26 PM)
so far there is still nothing wrong with the SE, security commision of malaysia and sg just blacklist them bcoz has no legal permit to accept investment from public. in these kind of situation, the only proof saying SE is scam is when they run away with the money..
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That's why lah I say, it's like trying to catch someone pang sai.

Now stomach ache only... belum buang air besar lagi. So SC cannot do anything.

When the time comes, it's already too late. Already bloody diarrhoea... like kena E. coli O157H7 infection liddat.
Die also tak boleh, live also tak boleh.

This post has been edited by iamyuanwu: Nov 6 2007, 05:30 PM
rstusa
post Nov 6 2007, 05:53 PM

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QUOTE(iamyuanwu @ Nov 6 2007, 06:17 PM)
That's why lah I say, it's like trying to catch someone pang sai.

Now stomach ache only... belum buang air besar lagi. So SC cannot do anything.

When the time comes, it's already too late. Already bloody diarrhoea... like kena E. coli O157H7 infection liddat.
Die also tak boleh, live also tak boleh.
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But they said got RM3billion project in kl & melaka so the gov won't simply take action to their company, coz they said the RM3billion can help country and stop the gov taking action to them.

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