Hmm... that's really FOOD FOR THOUGHT. If I'm given a chance to invest in A PROMISING INVESTMENT (read: real investment opportunity), I would buy many lots, rather than going around finding investors to share the pie (btw do this cafe serve tasty pies? LOL). Usually shrewd investor are "selfish" in certain ways, never generous and go around asking stranger to invest what they invest in.

thats y i rather put my money in fix deposit . heheheeh

Great answers.

Anyone who is considering investing in a company / business should always check out the people behind the company / business. A lot of people might say they do that, but the due diligence falls far short of what is required.

For public interest, here's some statutory information on them.*
*This might be useful for those of you who have already invested, and would like to know who you can contact if you are unhappy about your investment to date.

Note: Please feel free to link to this post in other threads regarding Island Red Cafe (IRC). Helps draw attention to the people behind it, and also provides people background information.

Island Red Cafe Franchise Sdn Bhd (779570-K), formerly known as CTI Cleaning Sdn Bhd
Change Date: 16-01-2008 (16th January 2008) (Initial Registration Date: 04-07-2007 (4th July 2007))
Registered Address: No. 39-2, Jalan SL 1/3, Bandar Sungai Long, Kajang, 43000 Selangor
No specified Business Address.
Authorised Capital: RM1.0 mil
Issued Capital: RM1.0 mil (RM2 cash and RM999,998 other than cash)

Directors
1. Teow Chee Chow (Appointed 4th July 2007)
K1-G-08 Kenari Court, Jalan Pandan Indah 6/1, Pandan Indah, 55100 Kuala Lumpur
IC / Passport: 890117-07-5653

2. Ong Tong Swan (Appointed 20th June 2008)
3D-21-03, N Park, Jalan Batu Uban, 11700 Gelugor, Pulau Pinang
IC / Passport: 771103-07-5749

Secretary
1. Azlizan bin Abdul Aziz (Appointed 4th July 2007)
AC-4-2, Jalan Pandan Indah 3/6, Pandan Indah, 55100 Kuala Lumpur
IC / Passport: 801025-06-5055

Share distribution:
1. Ch'ng Wee Ling (IC / Passport: 680331-08-5013) (244,999)
2. Ong Tong Swan (244,999)
3. Lee Choi Yoong (IC / Passport: 790912-05-5346) (1)
4. Teow Chee Chow (510,001)

No statutory financial statements filed per 2nd January 2009.

Note: If you require it, you may contact me about purchasing a copy of the above statutory statements. Have a good day.

thank ......... anyway whts your opnion cause now day even one great direct selling company are going out of it road d .

example e-cosway . amway also .


e-cosway start to put their product in store d . !!!!!
Amway start to promote using advertising d . !!!!!!!

they are not surpose to do that rite ??? correct me if im wrong ..

i dont think island cafe is bad.. because they cannot lsit in the stock exchange n borrow from bank.. so they need fast way to get capital.. but i still think 5% is not worth it.

lulz...not all direct selling is bad
in 1000 ppl there is like 3% ppl will bcome dam rich
but tis all about talent n chances
It's a part of bussiness
not all ppl can be rich if u nvr take risk
but if u think u r not talented, dont try on it

actually they already have 12 branches in whole malaysia...
they hav few different type of investment which starts from RM330.

they have 15 branches in malaysia...after CNY there will be another 2 branches opening soon in Seremban....

For those who want to know more about this, also can contact me....

Is real good money income...

well...do PM me...
anywhere, my location is in Damansara..

Seriously their food taste like crap! I think they cook their food in advance and store it in the fridge. When people order, they will just reheat the food. Better eat at hawker, cheaper and taste better.

is this the island cafe in ss2 we are talking about?

nope...that 1 is difference..

1 is newly opened at danau kota area

Yeah, and it seems that the business is growing. A big respect for the owner for achieving such good sales.

owh hello there....I thought you're an MLM basher !

Nope, I'm not an MLM basher, but I'm a pyramid scheme basher. Most of MLM uses pyramid scheme, hence, comes the bash.

its like loaning them cash ... @@"

there's already 3 IRCs opened in penang if not wrong. i went to the one in bayan lepas once

if an MLM does not use pyramid scheme, it is not an MLM. So just bash'em all !

This shows you don't understand the structure and methods of MLM/pyramid scheme.

The 3% need to be successful in order to show the other 97% so+hai (sorry I can find other more appropriate word to describe this) that they can be successful so that they try to make more money for the company. The money from the 3% rich ones comes from the other 97% stupid ones.

One example is using casino analogy.

The way the games are designed in casinos is done such that the odds always favour casinos. There are no such things as 50/50 chance in any of the games in casinos. Even roulette have higher odds for banker. Sure, black and red is 50/50 but don't forget there are green 0 and green 00. Some even have green 000. That already place the odds in favour of banker. So, in the end, casinos will ALWAYS make money. That is why everyone want to open casinos. As long as you have steady stream of gamblers, casinos will always make money.

This post has been edited by abubin: Feb 3 2009, 06:53 PM