Most of F & B business normally is having at least 100% profit margin. (and above)

Cut your crap and come to Platinum Walk to visit your so called full house IRC branch. Been there twice on invitation from a friend who is quite a big shareholder.

Service like crap. Bangla doesn't understand what i said. My order sent to another table. Food is so-so. Their signature drink Island Red coffee taste exactly like crap.

And guess what. 2 months down my friend cries scam already.

The best thing is the cafe is now deserted most of the time. Completely thrashed out by Oldtown Kopitiam hands down next door.

The topic regarding so called "scam" has been very "hot" nowadays...
While one side keep trying to tell people eat n earn bla bla bla with the other side saying "BS, it's a scam"
And imho, in an open discussion here, we shouldnt be so emo...just point out what you think andif you need clarification, then ask them to clarify it . I seriously don't think that cursing/insulting people is a wise action.

Whether it's a scam or not, who knows. How sure are you that it's a scam and how sure are you that it's not?
In any MLM or direct sales, there are people who success and people who fail. Those who success will tell the others that it's not a scam and it is profitable and bla bla bla...on the other hand, those who failed will start telling that it's a scam la, cheat people la etc.

For me, whether it's a scam or not...it's none of my biz...i believe everyone in LYN knows how to judge themselves...
we are not primary school kids anymore...we know how to analyse and make our decision...if one chooses to join, congratz to him/her if he/she earns a lot but eventually if he/she fails, i am sorry to hear that but that's your choice, you decided to join and that is your choice...you cant blame the others...

I believe MLM is a powerful marketing strategy but i am sorry, i am not powerful to be in that powerful world...

TO the investor whose withdrawal still pending, please check with your upline or call the company customer service. Island Red Cafe is currently settling all the withdrawal,do give them sometime. If you still have not receive the withdrawal, you can reach me at crystalkhor@gmail.com. I will do my best to help you check.

Yup, the more people you suck into this scheme, the likelihood you can recover your capital.
If people are suck in by your post, they deserve to lose money.

if 5% p.a then it is very reasonable but rather low, if 5% per month, there is no business in the world that can achieve that...unless u do some illegal job

5% per month return is possible for a business. However, the risk is there.

The above statement is not related with IRC, just general talking.

the IRC cafe...are opening more and more and more..

so aggresive..they are now opening in Ipoh soon...

and the one at Penang Krystal points...always full with people..

a bit chaotic..and dont have the 'relaxing' or 'chilling' feeling that i expect from Old Town Kopitiam or Setarbaks..

Try PPP here lo - Pan Palace Plaza.

Pulau Tikus one also opened already.

Wondering to know if anyone here do not receive thier monthly withdrawal?
i have not receive it since February utill now, last for 4months already...

Called a lot of times to HQ, at first they said the system got some problem, need to wait, then they said HQ no longer in charge for withdrawal, the withdrawal function has pass to Benjamin in charge, then they promised settle it within two weeks... Still, no news. Then, HQ said Benjamin no longer in charge, Bryan take over.

Bryan phone called till thousand rings also no people pick up. Then, go to HQ in Pandan Indah, their staff said management meeting, and first two time i leaved, and third time, fourth time.. they are still meeting, seem like their meeting never end...

Then call to the boss, the boss said he don't know, and he insist that the withdrawal on time..

Now i am doing the "promotional flyers" to comment this thing in a single A4 paper and the flyers will fly to IRC branches and let thier ppl know about this matter. I am not the only one not receiving it, my whole team also not receive since February..

For those who wanna join in IRC, better be aware and be careful of this issue for this moment..
Wondering how they opening so many branches but never afford to pay us beck our money..
really hope that IRC can pay us beck our money and do not go bankrucy.. cheers

This post has been edited by Swift_Len: Jun 23 2009, 06:50 PM

Wow, this may be the fastest ponzi scheme that ever burst.

Yes, my withdrawal still pending and pending. Why need to take so long for the approval and whatever complaint to the HQ about the late, never take it seriously. If anyone of top management look into this reply, please take some action or else we going to help you for free promotion on how good is your services!!! No doubt your business will still keep going, but trust me you will be in trouble very soon. To those still thinking of invest into this business, please think twice. Learn from us and never get yourself into this trap again. I make a wrong move and i hope others will not fall into this trap again. Cheers...

How much have both of you invested into IRC?

For me, not much.. juz 3 lots.

Just notice of this from some e-mail. This is a "scam" or a "legit"? bussiness plan is interesting.

Invest RM6000, get RM300 monthly back. The period to get back capital is 20 months, or 1 year & 8 months.

On top of that, they gave you food vouchers of RM100 monthly.

To me, the food vouchers is not a return, since it is the money you already spend on the deposit. It is used & lock you in for consumables items provided by the cafe. Its a good business plan, to lock a customer to spend RM 2400 to the cafe for 2 years. It is worth if you like very much the food there and don't mind the limited choices. Just like you already know you will eat KFC or fried kueh teow from a shop for 2 years might as well pay in advance to enjoy that and get some discount.

So factor this in, RM300 cash + RM100 voucher (don't mind eating there), you get sort of return after 15 months, or 1 year & 3 months of your capital (1/4 portion already spend on consumables).

The profit to roll this wonderful business plan & benefit, the number #1 must be from the recruitment money/deposit by new members as there will be need a steady constant stream of new members and 5 year plan is quite nice before "everybody" in Malaysia that is available to join this system...already join them, though I think 5 years is TOO LONG. Number #2, is the profit from external customer who is not a members, patrons who paid their monies for their food......don't forget, even for Number #2....I believe 30~50% of that steady profit comes from the, remember the food voucher??...yes...from the deposit of the new members ITSELF who spend on those consumables.

I would say, in fact, 75% of the "profit" or "earning", to roll over new outlets & pay members a steady stream of returns COMES from recruitments......25% would be money from "external" sources....non-members expenditures or even members who spend more then their designated voucher value.

The only way this business will bankrupt, collapse or die off...if, THAT 75% revenue from recruitments is no more forthcoming.

*update* and a business plan, that needs to be viable via recruitments = PONZI BUSINESS!! ...yes, this is a scam business alright.

This post has been edited by mssv19: Jun 30 2009, 02:14 PM

That is exactly why their restaurants are packed , giving a false illusion that "business is good" and they're making profits. Vouchers are made to be used, and the ONLY place to utilise it would be there. The number of suckers snowballed after one misled by another over the "full house" condition of the restaurant. And these suckers themselves will use the same tactic to find subsuckers.. by bringing them to see the heavenly scene in their restaurants . The "restaurant" is just a tool to get people part with their $$$. Nobody is interested in ensuring each and every branch are popular for its food, and attract genuine cash-paying customer. Each restaurant is a stageshow, same like how some rouge MLM scams only promote ONE TYPE of product (cow, ceramic products, slimming product etc). The product is a decoy.

IRC has landed in Ipoh now ..

Just sit back and enjoy the show while the bubbles is getting more and more.
It will be a very loud *pop* when the bubbles start bursting.

If they worked hard into making their food up to the quality, i guess it is kinda acceptable of the 5% monthly returns. Unfortunately, this is not the case. So everybody can make a guess what is they up to.

Just to update those people, the withdrawal for April has been completed. Some May and Jun withdrawal also been completed, by the end of this month all shall receive their withdrawal, so don't worry. Again, I just like to mention, if you still have problem of not receiving your withdrawal, can e-mail me at crystalkhor@gmail.com.

P.S. Please update your passbook and make sure your withdrawal details are correct.

Yawn...

How credible is a newbie that just register today at 12.06pm and start her first post here at 12.28pm saying earning a lot of money?
None, zilch, zip.

You just made IRC look more like a Get Rich Quick scheme, which it's already is.