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!