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

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robertngo
post Oct 23 2007, 08:08 PM

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QUOTE(janicechok @ Oct 23 2007, 04:01 PM)
haha...Dont knw ma. My friends say until so good. show a lot evidence and say it at SG very famous la..KL also got la..Bla bla bla..I also a newbie in MLM..Mane ku tahu ..hehe..
luckily i ask here if not i join thn Habis la..Hahaha..
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it is also in the investor alert list by monetory authority of singapore

http://www.moneysense.gov.sg/check_our_lis...Portal_IAL.html
robertngo
post Oct 26 2007, 03:49 PM

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QUOTE(amirbashah @ Oct 26 2007, 11:28 AM)

Added on October 26, 2007, 11:30 am

Hahaha  rclxms.gif

Better invest in something that makes more sense rather than investing in this company. Come on man, just invest in stocks,unit trust,derivatives,ETF (Exchange-traded funds) or a business. Susah-susah pergi jual burger la.Please don't waste your money.
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invest in stock, unit trust got risk, no guarantee of return, this SE so power one, guarantee earn big money. Everyone invest in it, in no time malaysian GDP will double or triple and every one live happily ever after rclxms.gif

This post has been edited by robertngo: Oct 26 2007, 04:34 PM
robertngo
post Nov 1 2007, 05:10 AM

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QUOTE(chill @ Oct 31 2007, 11:33 PM)
SE has few sub-companies that made it stable ..... go to www.sunshine-empire.com  review it there
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what we are asking is how do you make profit, the company have so many different project in their website but i dont see anyone have been completed. How come you already have return from investment??? magic happen?

specially the wireless project in taiwan, usually this kind of infrastructure project will take huge amount of capital investment and take years to recover the cost, how can your company generate income for this project so fast ? blink.gif

one of the most crazy thing i see in the website is this quote for emall empire

QUOTE
The age of wealth creation through consumption has arrived. It is not just about what we buy, but how we buy it.


age of wealth creation through consumption?? how can you create wealth when consumption. is it i not need to pay but can earn money from buying something??? if like that the vendor will bankrupt in no time.

This post has been edited by robertngo: Nov 1 2007, 05:17 AM
robertngo
post Nov 1 2007, 09:40 PM

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QUOTE(cherroy @ Nov 1 2007, 08:38 PM)
Kind to elaborate what is 'point' mentioned, can't find any explaination or details about it in their website either.

Then how company making profit from it and how the profit is distributed?

What is the amount of the profit distribution as company projected for their 'investors'?
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can you also share how many customer this site have every month and how much sales it is making?
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?
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
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
robertngo
post Nov 7 2007, 09:37 AM

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QUOTE(cuebiz @ Nov 7 2007, 09:07 AM)


In a letter in 2004 to the 1,000 investors, PT Magic Kingdom blamed the Sept 11, 2001 terror attacks on the United States, the Bali bombings in 2002, the Iraq war and Sars for the project's failure.


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which year is the project started? hmm.gif all these event happen before June 2003. hmm.gif

robertngo
post Nov 7 2007, 11:15 AM

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QUOTE(rstusa @ Nov 7 2007, 10:37 AM)
Yeah, I'm a fair listener, i just accept for the proven & things already happened. So nowadays i still can't see Mr. James Phang had fallen, so i just believe in the things already happened, don't mistaken that i'm not the SE member, i just want to grab more opinion from the member here and research what they all thinking.

I think you have six sense right? You know James Phang will fall one day, but nowadays we still can't get any proven documents that this company is illegal and the gov still doing investigation. May i ask you what will happen to bill gates after 24 hours? Maybe microsoft market will fall and replaced by linux or apple, do you know that? I think you should know right? Coz you got six sense.
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what will have happen to Bill Gates if Microsoft go out of business tomorrow? he still be much much richer than James Phang. Half of Gates money is now invested outside Microsoft. And it is also very unlikely the Microsoft market share will drop suddenly, it software, operating system and game division are all well established money making machine. there is really no point to compare SE with Microsoft, have SE even have any project that are starting to make money? hmm.gif
robertngo
post Nov 26 2007, 03:09 AM

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QUOTE(iamyuanwu @ Nov 25 2007, 08:56 PM)
I told you. Now pang sai already.
Too late liao.
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now there is alot of report on SE on newspaper, when the number of ppl joining SE start to drop, then it is really pang sai time.
robertngo
post Jan 9 2008, 02:05 PM

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QUOTE(sootienann @ Jan 2 2008, 05:07 PM)
compared with earlier months, october + november slight decrease for the dividend, december a bigger decrease
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if payout decrease mean that the number new member join have dropped. IF they cannot get more and more ppl to join then the company will collapse soon.

 

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