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

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b00n
post Oct 25 2007, 01:30 PM

delusional
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Just went through their marketing plan in their website.
And it looks like a typical pyramid structured plan.
And SC does not approve pyramid structured plan. Thus my note on why SC is blocking it.

Until SC clear it's "restriction list" it would remain illegal.
Quote from SC website.
QUOTE
Below is the list of known companies and websites which are not authorised nor approved under the securities laws to deal in securities, provide investment advice and/or fund management services related to securities or futures.

The public is advised not to make any investment with companies that are not licensed or approved by the SC. Offers often comes in the guise of seemingly attractive investment opportunities or schemes and may also be camoflaged as direct selling or business opportunities.

b00n
post Oct 25 2007, 04:31 PM

delusional
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QUOTE(happy4ever86 @ Oct 25 2007, 03:36 PM)
I have join lot of MLM business before, I guess every MLM business also look like pyramid structured plan. But it's different, try read http://en.wikipedia.org/wiki/Pyramid_scheme. Pyramid structured is similiar to money games, that mean no product you will get.

SC is blocking it? How they blocking us? Our company still working as usual. If really that illegal, why not come to stop our business and close our company? SC have the power to do this all. Go company analysis yourself, compare the information u get rather than see or listen from outside.
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One thing that fell short in our country is the enforcement.
Last time Gold coin trading also illegal; but there's still a lot going on. There's also product to go with the plan.
There's another one previously using the same concept of Gold Coin trading which are paintings. Yeap you get to keep the picture as the "product".
If you're to go through the plans, you'll find that AMWAY and COSWAY are not pyramid structured.
Whereas initial read on the plan published in Sun Empire's site does make it look like pyramid scheme.
So care to share more in depth details about the marketing plan?

Those that got involved in Swiss Cash also got their money and profits. But it's illegal.
Basically everything can earn money; only thing is the "legality" part.
So like you said, LB was listed in SC lists before; eventually it got off the hook because they manage to prove their innocence (though not a big fan of LB cos do not like their business plan). But until that, it's still a warning and typically not safe.
Same as this so called sun empire which you mentioned since September 2006; until now is 1 year.....so when are they going to clear off with SC?!

If they're that legitimate, wouldn't they want to clear it off with SC?! Wouldn't you as an investor or "partner" since it's MLM wants the reputation to be saved?
So what I would like you to ask your company is when are they clearing their name from this SC list? Or what are they doing to rid themselves of the watchlist.
If not, every potential client you met you want to tell them that "yes, we're listed in SC but we're no scam company"?! LOL

b00n
post Nov 1 2007, 01:31 PM

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When one look into a company and decided to work or invest for a particular company, there's a point that everyone had to consider.
How is the company going to pay you or what is keeping the company alive?

That's why, if the company doesn't have solid products or services; I usually wouldn't even want to look at it.

LB can survive because they got their own range of products no matter how many ppl despise it. I for one is not interested because the price to pay for the product is overrated and I don't see the value in the product. But there's still certain ppl who saw the value and would buy the product; thus it can survive.

So to those in SE, can you pls tell me the value of the products/services which is going to sustain the growth of the business?
b00n
post Nov 1 2007, 02:42 PM

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QUOTE(cherroy @ Nov 1 2007, 02:34 PM)
The overrated or overpriced product is the company profit that make it sustainable and survive which is also make it legal and not against the law. Morale and business ethnic is another issue.
After all, what is matter is the company profit and cash flow through the product/service selling.

If based on recuritment/joining then it is purely a money game, or Ponzi game as descirbed by others.
*

Ditto.........
But only heard of this Sunshine Empire through LYN. Never heard of the existence until now...... sweat.gif

b00n
post Nov 6 2007, 06:09 PM

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QUOTE(rstusa @ Nov 6 2007, 05:53 PM)
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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Who can verify the source?
b00n
post Nov 7 2007, 11:17 AM

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QUOTE(rstusa @ Nov 7 2007, 11:00 AM)
Yeah, I agree with that too! Now i remember the vincent tan using same strategy. Anyway, we still can't guarantee james phang 100% will lose or win, just let the future decide.
*

True enough we'll not know whether or not he would succeed, but based on the media's highlight on him and his "alleged" failed investment; can't blame ppl for being skeptical towards him and his company.....no?
It's as if you're saying that we should trust TALAM as they have succeeded before and we do not know about the future whereby they might regain their previous composure and not building any more crap projects. But either way, many have loose faith in TALAM same as many have no faith on this James dude and his company.

b00n
post Nov 7 2007, 11:50 AM

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rtusa, look at my example on TALAM.
Would you buy a house from their development?
There's still ppl who would; but me particularly would not do that.
The image is gone.

 

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