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 Island Red Cafe, MLM Business 5% fixed return

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cappuccino
post May 1 2008, 05:22 PM

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Hi all, I'm one of the investor in this Island Red Cafe.
First time i heard this, I feel that the concept is awesome. Anyway, I still spent more than 1 month period to do some survey before decided to invest it. I even seek opinion from a lawyer about the legalize & the S&P lawyer letter provided by IRC for the benefit guarantees.
Let me summarize the information i have about this investment concept.

Island Red Cafe (IRC) Global Partnership Franchise Business:

1. Whenever the region accumulated 50 slots investment, an IRC will be opened. 1 slot = RM6000. The investor will be the shareholder of the company & the royal customer and definitely will brings up more customers to the cafe. In short, win win situation for the shareholders and the company.

2. Shareholder's benefits:
i. Fix return RM300/slot (5% of the investment) for 1st and 2nd year = RM7200
Fix return RM150/slot (2.5% of the investment) for 3rd, 4th & 5th year = RM 5400
ii. RM100/slot food voucher given every month & will be give for total 5 years = RM6000
iii. VIP member discount 15%
iv. Birthday discount 30%

Total up the fix return & food voucher, the return is equal to RM18600, which is around 3x return of ur investment.
Imagine if u invest RM2 millions, ur return are RM6 millions after 5 years, tongue.gif

After 5 years, no more fix return but company will distribute 49% of the net profit to share among all the shareholders.

3. IRC's strengths:
i. Delicious food with vary choices.
ii. Reasonable price, with 6 star expenses but 3 star fees
iii. Good strategy and business plan, whereby the shareholders can share the company's profit
iv. All the shareholder's benefits are black & white guarantee with S/P & stamping from the lawyer, clarify the shareholder's benefits and protect the shareholder's rights.

4. Currently there are 3 IRC outlets already officially opened & operating.

i. IRC Cheras:
15G, Pandan Indah 1/23 B,
Pandan Indah,
55100 Kuala Lumpur

ii. IRC Puchong:
68, Jalan Puteri 5/1, Puteri Avenue,
Puchong 47100,
Selangor Darul Ehsan

iii. IRC Malacca:
G30,
Plaza Malacca Raya,
75000 Malacca

Feel free to ask me more questions & i'll answer it genuine, smile.gif


Added on May 1, 2008, 5:38 pm
QUOTE(rstusa @ Jan 19 2008, 02:47 PM)
Yes, but it can't mention as shareholders, unless my name got listed inside the company license.
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Yes, ur name will be listed inside the company license.
U can check it at the Register Of Company...


Added on May 1, 2008, 5:48 pm
QUOTE(rstusa @ Jan 19 2008, 03:03 PM)
If biz not good, food not tasty, that mean no biz, so will they still have 5% give us? I don't think so.
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em, the cafe will only be opened if there is 50 slots or more than that...
so no matter how, the cafe will hv a group of royal customers...
take me as example, i hv RM100 voucher...definitely i will go there to eat frequenctly....
when i go there to eat, i will always ask my family or friends....


Added on May 1, 2008, 5:54 pm
QUOTE(robertngo @ Jan 19 2008, 07:48 PM)
i eat there last time, food not very good, this kind of business have to many competition already and they dont have anything special about their franchise.
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did u try all the food there? different people will hv different taste.
what i can say is the food there is the food i eat every day in other place.
so it give me an idea that, since eat the same thing, y not go bek to the cafe i invested?

drink u may try the island red cafe (hot) or ice blended laici....i prefered this 2... smile.gif
food u may try the penang prawn mee, red sate, island nasi lemak, chicken wings...


Added on May 1, 2008, 6:03 pm
QUOTE(rstusa @ Jan 23 2008, 10:34 AM)
But today this kind of restaurant quite competitive, it is not easy to get more customer, because many of them will still choose oldtown, unless island red more famous than oldtown and the food is better than oldtown, or else your money become water. If the food very special & tasty still can consider.

It is not easy to be listed in share market, 5 yrs is impossible to be listed, as you can see now big mlm company like lampe berger, i still remember year 2004 they told me 2005 will be listed in share market but until now i still can't see its footprint in the KLSE or HSI. So far only amway, usana, nuskin and so on were listed on the NYSE share market of coz their company already more than 10 years.

Anyway, as you said our name got listed in the company license so RM6K can make a try but as your comfortable investment. If lose you can't blame. I'm not talking negative on this company but as what i saw in company sunshine empire, they always got huge seminar to attract ppl to invest but finally their promise return become lower & lower, coz not enough money to laudering and finally you will see the return not enough to share the profit to the investor, just like a company EMPAY, starting was very good return but finally you need to do recruitment only got return.
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we need to compare the cash generator btw sunshine empire & island red cafe...
the cash generator i mean is the business & method of how the company generator profit...
wat i can see that is the cash generator in sunshine empire haven't completely setup but they need to pay out more return to the investor...

island red cafe already hv 3 branches operating and generating profit...
in the coming may, johor skudai IRC will be opening soon....it will the the largest cafe in malaysia....



This post has been edited by cappuccino: May 1 2008, 06:03 PM
cappuccino
post May 1 2008, 08:47 PM

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QUOTE(keith_hjinhoh @ May 1 2008, 07:34 PM)
Then can you tell me what would be the case when the company wound up? Bankrupt?

I've seen and touch too much of these shits, basically i believe no one except myself....

Still remember my father last time went to court a few times just because some shits left in a private limited company...
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From the Deed of Mutual Agreement:

7. Further, should the Business be wound-up either voluntarily or upon a Court Order, the proceeds from the sale and/or disposal of the Licensor and the Licensee’s assets, upon being realized, shall be distributed to Shareholders who have not received their first twenty (20) monthly payments, and thence to be followed by the other Shareholders, again in the proportion to the lots held, and shall be treated as if the Shareholders were secured creditors.

It is ok if u dun believe it nw.
Perhaps u can wait until IRC become famous and opened more than 10 outlets in Malaysia and only invest on it.
Everyone must measure the risk & return & if ok with it then only invest.

Since this is another type of investment, I wouldn't say this business will 100% success, what I can help to make IRC work is make sure i recommend more friends to hv their meal there, smile.gif.



cappuccino
post May 1 2008, 11:16 PM

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QUOTE(siliconwiper.com @ May 1 2008, 10:13 PM)
Q1: Does all this in written some sort of agreement or guarantee that this is not only verbal but are stamped black n whites?

Q2: What is the company registration no.? and the AJL license no.? as if not mistaken your using binary scheme,correct me if i'm wrong!

Q3: What is the paid out capital of the co.?

Q4: What are the current sales turn over for each or all IRC's?

Q5: Which bank is the Financial Support behind this IRC?
Just hope that all this is true to be the preferred investment program of the year! I'm interested to  view what's current /latest investment such as IRC and perhaps there are more similar n might be better deal than this? thanks. icon_rolleyes.gif
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Answer:

1. Yes, company will sign a contract "Deed of Mutual Agreement" between you and company once u decided to invest in IRC.
We even can do until lawyer to lawyer, meaning that u can bring ur own lawyer to meet IRC lawyer,nothing hide & seek, smile.gif

The rest question will refer back to u later. Or do u want to meet the boss to ask further?

In the mean time, u may go to check their business by visit to any of the branch, no pass needed, tongue.gif
Ask me along if u want to try the food there, i still hv voucher in hand, biggrin.gif


Added on May 1, 2008, 11:48 pm
QUOTE(stopscams007 @ May 1 2008, 10:43 PM)
Please note that even if someone can get back their capital in 20 months or shorter don't mean that anyone or you should believe in it. Don't be surprise that when they last that long, someone or those who joined early are sure to get back their money but at the expense of the newcomers. Those who join last will be caught and lost. Thats how these scams worked.


Added on May 1, 2008, 10:50 pm
Why would I want my name to be involved in a Company or ROC knowing very well the scheme is a scam ? When the Company wind up, there will be nothing left, maybe LIABILITIES. You think the master-mind founder/s will leave any much money there ?


Added on May 1, 2008, 10:58 pm

Some gave even higher than 5%. Yes, many have received their money successfully BUT you don't want to harm others. These monies are taken from the newcomers. When there is less newcomers and more money to be paid out, the founders will make a report to the police of authorities to go after them so that they can give an excuse for closing shop and run away.


Added on May 1, 2008, 11:06 pmcappuccino,

Why don't you let us know the full marketing and commissions scheme for recruiting new investors ?
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Firstly, there is no reason for any boss to wound up their business if the business is earning money, so does IRC.
Secondly, IRC is doing a solid cafe business, u can c the cafe is existing and know how's the business going time by time.

Feel free to understand the cash generator of IRC. IRC's profit is not from the new shareholder investment money.
The investment of new shareholder are use to open more outlets, eventually this outlets will bring more profits to the company.

With the concept "investment created expenses, expenses created investment", the business will only growing bigger. I can foreseen that IRC will become another successful franchise business in Malaysia or even better in International.

We can choose to be a pure investor or run the MLM business at the same time.
I would just think that this is a natural recommendation to friend when i found a nice cafe to eat. Only after that they can choose to become the shareholder or just be a normal customer in IRC.

Lowyat forum not allow to post any MLM business plan, tongue.gif. Will send to everyone who wan to know it provided they give me their email address. smile.gif



This post has been edited by cappuccino: May 1 2008, 11:48 PM
cappuccino
post May 2 2008, 11:58 AM

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QUOTE(siliconwiper.com @ May 2 2008, 03:44 AM)
you can send details to me at creditcardepp@gmail.com . thkx....Even a boss will run away with the money if big as running will let him keep all than rather divided to all investor... My biggest concern is your pay plan...MLM or not i don't bother as i don't hv a problem with MLM as it is a very effective marketing strategies...So back to my question is. Can email me how your pay plan goes as since your sharing here that money are not coming from new comers and are paid by profit from actual business, right. So i need to know whether the plan are a scam or really can pay all investor monthly as i did visit few time to IRC..the business is so so only..sorry to say that as i really when there few times...frankly my taste bud are a bit particular as the food rating if you as me, is only 4/10 (10 is best).
If i'm goin to invest something that the pay plan promised secure returns but can't be paid eventually than this is a scam.... if it can pay off well from the actual business...than i'll 100% support you....anyhow, to all investor or person incharge of IRC in this forum, can pls reply all my previous question pertaining this IRC issue? really appreciated it. Thanks!
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I will get back to u asap.
My upline will be in KL this saturday, if u dun mind, i can arrange a time for u to meet him. I believed he can answer all ur doubts other than this issue that u raised.
Tqs for ur comment on the food, i will comment back to IRC management.



cappuccino
post May 2 2008, 08:41 PM

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QUOTE(siliconwiper.com @ May 2 2008, 01:59 PM)
Cappu,
Thks for the pay plan...but remmebr i still need the answer for my questions above....Please arrange ur UPline to meet up.as i hv a group of business ppl are interest to see this IRC..PM when OK...thks......to all forumers who are interest can JOIN our meet up if wanna check it out...Scam or No Scam!! Hope you don't mind for this meet up notworthy.gif
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You are welcome, smile.gif
I'll post out the date & time once fix it so that who interested can join the meeting.
Everyone feel free to go IRC to hv their meal & give comment to everything u feel not good.
I believe that IRC will still improving on the foods & drinks.

I treat this as my own business since I'm not afford to buy Franchise from McDonald, KFC or OldTown, tongue.gif

Air Asia taglines is 'Now everyone can fly' then IRC taglines will be "Now everyone can do franchise" biggrin.gif. IRC's philosophy allow free choices for investors with different capital scales based on one’s financial condition and provide franchisees an interactive franchising support system for them to enter the international branded coffee franchising market comfortably.

Cheers! icon_rolleyes.gif
cappuccino
post May 4 2008, 05:05 PM

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QUOTE(siliconwiper.com @ May 3 2008, 10:30 AM)
some get rich....other get poor...this a great line..LOL....sounds too good to be true...Untill the set of 'Judgement Day' hahahah....see you soon....capucinooo
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Judegement Day... sweat.gif

So is 2molo meeting still on?
pls pm ur contact to me...will confirm with u the time to meet...
for those who interested to join the meeting, pls pm me ur number as well...
hv to fly tomolo nite, will not in kl for few weeks...hopefully can make it 2molo evening... smile.gif
cappuccino
post May 4 2008, 07:55 PM

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QUOTE(lwb @ May 4 2008, 06:36 PM)
hi cappuccino,

just one question. how do you consider yourself as? (an opportunist, investor or business owner?)

you've stated both the validity and returns of such venture, but there're some crucial missing elements that a shrewd investor or business owner would like to know before parting with their capital.

i'm not sure if your 'survey' does cover extensively on aspect of cost and operational cashflows on a monthly basis?

besides, it's most ironic to say that an MLM(which the first M denotes MULTI) does not rely on acquiring Members(in the Multitudes)?

the members here act as a sort of leveraging.. the more the better, it's only how the distributions within that framework that cuts a legit and fair game or it's simply a farce.
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I consider myself as an opportunist + investor.
I'm still young & in my learning stage to become a good investor in the future.
Yes, u are absolutely rite, my survey didn't cover extensively on aspect of cost and operational cash flows on a monthly basis.
But, I invested IRC based on other reasons.

Honestly, I'm not a smart person & not borned as a successful businessman.
But i still able to differentiate what is right & wrong for me.

IRC is a potential business due the the concept is awesome.
Some people said, invest business based on concept is very risky & not realistic.
Well, everything around us was initially started by a concept.
MLM is a concept, so does Government system was a concept.
A concept can be executed well will success, a concept that can't be executed equal to zero.
Once this project success, the whole business model in our society will be change.
As IRC success, Island Red Work Shop, Island Red Florist or Island Red Cinema will be the next one.
I like to be a history creator not be a history follower.

Perhaps, a lot people think that IRC 100% can't success.
But did they notice, if everything need to wait until 100% only start working on it, when will they success?
They not even see that the return if IRC concept + a solid cafe business success.

My upline was shared with me sth.
In this world, not only black & white region.
In between it, they is a region called Grey region.
In order to make fast money & big money, need to depend on a lot factors.
The black region, if u involved it, it is very risky due to it is illegal. Illegal thing, better not do it.
The white region, money already been finish earned or left a little for u to grab, it is not easy to become rich.
Luckily, there still got one Grey region.
We need to observe, survey, analysis & make decision.
But, we cannot see everything.
Because, once u see everything, u will quit.
Ask urself one question, observe sth completely without any worry and somemore can make fast & big money, when is your turn?

If u not dare to challenge Grey region, u can wait slowly.
Perhaps u got luck & wish to become the next lottery winner.
Perhaps u are powerful enough to climb to the top in ur career.
But I like Grey region.





cappuccino
post May 4 2008, 10:00 PM

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will check out the cash flow later...
the meeting will be on 2molo monday 6pm at IRC Cheras Pandan Indah...
anyone who interested can join...
scam or not scam, wait until 2molo judgment day as saying by silicon wiper, biggrin.gif

This post has been edited by cappuccino: May 4 2008, 10:03 PM
cappuccino
post May 4 2008, 10:08 PM

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QUOTE(lwb @ May 4 2008, 08:27 PM)
i offer you 2 points to ponder;

1. success and concrete returns.. are only meaningful if they come to past.
2. weath(or becoming rich) is not what you earn, but rather.. what you get to keep.

have you heard of syndicated fundings? that's one large and interesting grey region..
oh, another interesting thing being in a grey region.. since it's not really transparent, it's the best way to eat ikan bilis. so, ask yourself, in cloudy and grey situation are you the predator(shark) or are you just another ikan bilis?

just stay alert and smart.. you may survive and prosper in such environment!
*
tqs for teaching me, appreciate a lot.... smile.gif


cappuccino
post May 4 2008, 10:17 PM

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Place: Island Red Cafe Cheras Pandan Indah (Behind The Store)
Time : 6pm
Date : 5th May 2008

Lists:
1) siliconwiper.com
2) cappuccino
3)
4)

cappuccino
post May 6 2008, 11:19 AM

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QUOTE(Felice821 @ May 5 2008, 11:41 PM)
As i would only say GOOD LUCK for those invested in IRC.

Cappucino, as you said you invested in.. who is your sponsor?? and do you know Calvin Lim and David Lim???
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my sponsor person is philip...
i don't know them...might to introduce their background a bit here?


Added on May 6, 2008, 11:23 am
QUOTE(siliconwiper.com @ May 5 2008, 11:34 PM)
can say much at the moment as i need Cappucino to send me the agreement for my advisor to review and the plan i need to study abit,,,,will replied asap......
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hv sent the agreement to u, check it out...

This post has been edited by cappuccino: May 6 2008, 11:23 AM
cappuccino
post May 7 2008, 09:07 PM

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QUOTE(keith_hjinhoh @ May 4 2008, 10:33 PM)
Anyway, personally, I still have a few questions. Maybe you can ask on-behalf of me...

1. What would happened if i would like to cash out my RM6000 after 5 years or any point of time between 5 years or after 5 years?

2. We as the shareholder of the company, do we carries voting rights? Are we the shareholder of the company or the outlet?

3. The company is limited liabilities? (Sdn Bhd?) How far is we (shareholder) liabilities? Company filed annual report? Who's the auditor or solicitor of the company?

PS: Boys, you guyz are so lucky nowaday with the available of information to make proper decision. I still remembered my father lost 100-200k hard earned money conned by those liers. Remember my word: In this real world, when you have financial relations, no one is friends.
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1. u can transfer to someone that interested to buy over ur share. but the lawyer fees hv to be bear by u & ur buyers

2. yup, we do carries the voting rights. anything u not satisfy u may complain to company management so that they can improve from it.
we are consider the shareholder of the outlets, but not the specific outlet, instead we are invested in all the IRC outlets in Malaysia.

3. yes, the company is limited liabilities. but we won't liability to anything, company will bear if there is any loses.
for the company filed annual report & the auditor or solicitor, i think hv to ask the boss, =)
cappuccino
post May 8 2008, 08:25 AM

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QUOTE(keith_hjinhoh @ May 8 2008, 01:28 AM)
If no one interested? Company guarantee to buyback my share?

No lead time? Anyone can buy over my share?

So once we're the shareholder, we're the shareholder of the company?

How long has the company established? I mean the company not how long IRC establish...
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nope, u need to find the buyer to buy over ur share.
yes, anyone can buy over ur share anytime.

u may refer to www.2islandredcafe.com for the company background.
cappuccino
post May 12 2008, 02:12 PM

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QUOTE(keith_hjinhoh @ May 10 2008, 11:18 AM)
No more updates?
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currently outstation...
will updates when go bek to kl...


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