Mind to post up more information? We'll happily evaluate the proposal for you... Since if it's good, it will benefits all of us

can ask cappucino to cc u a softcopy....well just that if the business is not gd and the pay sure lesser from expected....like so many project promised to pay but can't pay due to physical turnover are lower than the overhead and repayment to shareholders ROI's...to bad

This post has been edited by siliconwiper.com: May 16 2008, 09:46 PM

I give a simple calculation, how the red island shop can make money on the food for paying the 50 shareholders.

1 person return = RM300 per month
50 persons mean = RM15,000 per month
voucher RM100 per person means = 50 persons X RM100 = RM5,000
shop rental = RM5,000
man power = RM1,000 (one staff) maximum 10 staffs = RM10,000
water and electric per month = RM1,500

total red island cafe need to make profit per month = RM15,000 + RM5,000 + RM5,000 + RM10,000 + RM1,500 = RM36,500

for example pandan indah red island cafe

12 tables

assuming (full house) from 10am - 10pm all the tables are occupy by 4 persons
1 person spend about RM8 for one hour
48 persons spend about RM384 per hour

from 10am to 10pm
RM384 x 10 hours = RM3,840 sale
one month means RM3,840 x 30days = RM115,200 sale provided every day full house

if only 50% customer per month (not full house) means RM RM115,200 / 2 = RM57,600

how about only 30% of customers per day for a month = RM 34,560

Do u think they continue pay you ????

This post has been edited by korean_girlsclub: Jun 27 2008, 07:34 PM

Bro, why Island Red Cafe at Nusa Bestari, JB haven't open? No man power?

siliconwiper's email is creditcardepp@gmail.com, and now here's a new account called "creditcardepp". Coincidence ?

This post has been edited by wodenus: Jul 15 2008, 08:55 PM

31 years is NO USE when the quality of food and service deteriorates. don't use the word handsomely when your "returns" has not been confirmed yours.


If I put 10k now in FD in a bank locked for 4 years and said I am get paid handsome now, that would be arrogant of me, as I havent receive my "handsome returns" yet, that bank might go bankrupt before I get to take my $$ out.

In the meantime, for your case, there's a risk of "Eat and get Pwned".

I am skeptical about the scheme. My reasoning is simple.

5% return per month will mean 60% return per annum and ROI within 20 months. It is unreasonable to expect such a ROI for F &B industry, or for most other investments or businesses (which are legal). Even some very famous Franchises have problems getting ROI within two years.

To sustain the payout of 5% for the first two years and 2.5% thereafter until the fifth year, the café will have to rack in unrealistically high profits. This will not happen.

At this point, either the scheme will have to reduce the payout rate, defer payouts or get more money from new investors. If the third option is taken, then there is little difference between the RIC concept and other Ponzi schemes.

Furthermore, the above analysis is done assuming that there is no misappropriation of funds or other fraudulent actions by the “Up lines”.

That is funny
By the way, where did you get his email address?
Good observation.

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Added on July 15, 2008, 2:33 pmThis IS a ponzi scheme. The business is slowly suffering losses, but the directors wanted a quick exit from the business.
So, they will start to show you their PAST track records, how well they have been doing and all. The problem here is, many people get attracted by track records but failed to think twice about the FUTURE prospects of the business.
After all the attracted parties have signed up, the director would have a HUGE party (a farewell party for himself) and flee the scene.
Well, it IS a lucrative business doing this, but it is at the same time illegal. What if you never get caught?
All such "easy money" schemes are nothing but mere rubbish. Money never fall from the sky, nor grow on trees.

This post has been edited by Jordy: Jul 15 2008, 02:33 PM

you can look for me here using siliconwiper.com id's and i'm doin the credit easy payment too if you ask me...many emails lah..

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Added on July 15, 2008, 2:53 pmJordy,
you can ask me lah.....aiyo....

This post has been edited by siliconwiper.com: Jul 15 2008, 02:53 PM

Huh? Ask you what?
Don't tell me you are doing this IRC thing also besides the Steven's Corner one?

Hi, i m kelven state in Penang, Penang have been opening since last friday at Bayan Lepas, the next step will be at Bandar perda,Raja Uda.

any one is interested please do give me a call or email me.

Bro you forgot to include the food raw material cost.My be very costly for supply RM57k food!

Hi All! I'm new here.

This is what I understand about the Island Red Café proposal.

The café (business) is to be run by a Licensee. The offer is for you to participate as a shareholder of the Licensee’s business thru an agreement by paying for a single lot or multiples of lot @ RM6,600 per lot. You are promised a certain return over a number of years.

This is my personal opinion.

The tag “Now Everyone Can Franchise” is misleading. You do not own the business, rather you become a passive investor thru an agreement with no rights except to wait for the promised cash returns each month, assuming the business is profitable from the first day it is opened for business.

You do not hold any legal ownership by way of company shares. Should the business be profitable, the dividends are distributed among the company’s legal shareholders, (READ: this does not include you). If the business turns south, proceeds from disposal of the company’s assets are first claimed by the company’s shareholders, if anything is left, you will have to take private legal action to claim your promised monthly income.

Single & multiple lots @ RM6,600 are currently being offered thru the net with photos to justify the business. The money is to be banked into a third-party account. LOUD WARNING BELLS should ring, right about now!

If you are still interested in the Island Red Café concept, I propose you sign-up either as a Licensee or purchase shares directly from the Island Red Café holding/parent company. This way you're in charge of your own investments.

Cheers!

This doesn't sound right at all.

This post has been edited by cherroy: Sep 11 2008, 04:27 PM

yeah..wait till STG open in Bukit Bintang

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Added on September 13, 2008, 1:48 amyeah like u got nothing to do and no money to do business still jealous of ppl can effort money to put in IRC or STG..I'm here to salute and greet IRC as they had change since the last time i went there. The new outlet in Pandan Indah is not bad at all..from outlet interior and the food had been thru tastier too.

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Added on September 13, 2008, 1:54 amask my email lah ...how hard...!and somemore like you guys had only 1 email acc...since u know what is an email?

This post has been edited by siliconwiper.com: Sep 13 2008, 01:56 AM

good one . this so call HYIP (high yield investment plan) .

is just like you putting your money in buying other forex and when is have good rate to being exchange <you exchange it but remember one forex will never raise forever >

.......................................................................................................

and ya you left out some calculation

*the cost to buy the food and beverage to be sold in it .
*tax to be collect & insurance .



im just putting the situation in im not supporting or neither banned it .

thk ya .. hehehehe

they are getting 'loan' from the public without going to banks. good tactic. nowadays people are clever and those without any knowledge on this will kena trap

hi there, got to know about this 'investment' a few months back from 1 of my colleague. At first i thought that its a good idea.. i mean, ROI in less than 2 years... but i didn't sign up as i couldn't afford to pay the sum to join. i heard the amount gets higher and higher as time goes by. anyway, a group of frens joined the introducer to the cafe and tested out the food. quite frankly, if u want me to compare it with old town... there's a clear difference as the food is not that tasty, but perhaps the price are cheaper too.
my colleague saw that i weren't able to join as an investor, so proposed the evoucher scheme to me. Pay duno how much to get a more value voucher to buy the food there. and 15% discount also i guess and asked if i would be interested, i turned him down. the reason being that i dun frequent such restaurant everyday. but he then said the voucher won't expires... well, to tell the truth, i dun like holding up my money.. even if that's not much really.. RM3xx in voucher... i dun go to these restaurant that often, even if its' McD or KFC voucher... i dun really think i wanted to anyway... what do you guys think? how come the initial ppl who proposed the plan were not heard anymore?

nobody to trap here already move on..

End of year. I count 14 outlets everyone still getting their 5% ? I wonder