I frm penang.Yesterday jus have 1 day trip to KL and tried their (island red cafe) food and listen their presentation. Not bad, as it is transparent, legal, got physical assets, you can check their business doing good or not by visit their restaurant...

FYI,they told me if you decide to invest then will sign an agreement, black n white through lawyer firm. So your name are listed in the company, if i dint heard wrongly ( will double confirm). In agreement , its says if the company loss or close, the shareholder wont bear any liability, but the company are responsible to sell whole assets(shop,kitchen,table,etc) and return the fund to us.

and the payout only 5 yrs, 1st 2 yrs is 5% per month plus rm100 vouchure (for each lot) monthly for u to eat/treat your frens there. So thats a tactic for them to have loyal customer also.

after 2 yrs... i forgot the payout scheme^^haha...but i remember total 5 yrs later,estimate will get ard times 3 of ur fund, cuz lastly it will get 49% of their ROI and devide for all shareholders...so got limit lot size oso..if not mistaken

Im don know they are mlm or not..or if it is, then got lisence or not? theres still a lot questions...

i will look for more detail ...

This post has been edited by Fandy: Apr 21 2008, 06:09 PM