Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Island Red Cafe, MLM Business 5% fixed return

views
     
yhtan
post Jan 20 2008, 01:10 AM

Look at all my stars!!
*******
Senior Member
8,650 posts

Joined: Sep 2005
From: lolyat


Red Island Cafe...never heard before
but if is J.Co, i'm sure everyone will rush to invest on it tongue.gif
yhtan
post Feb 26 2009, 01:51 AM

Look at all my stars!!
*******
Senior Member
8,650 posts

Joined: Sep 2005
From: lolyat


QUOTE(mr9andao @ Feb 25 2009, 03:10 PM)
i told by de franchise manager, vincent chng, on feb 10 start new plan d.. minimum rm360 as membership.. rm300 for e-voucher to eat n rm60 for registration fee.. u can pm me for new update!!
*
ridiculous, another "smart" tactic by them doh.gif
why should i pay another RM60 to eat at there? even if just a discount card, it should be charge more than RM20

seriously do u guys have common sense? if the rate of return is over 20%, why isn't those billionaire/millionaire invest on it?
those smart businessmen should have foresee this if the rate of return is so high, and why they still need to collect capital from public? think twice before u invest on it whistling.gif
yhtan
post Mar 1 2009, 11:47 PM

Look at all my stars!!
*******
Senior Member
8,650 posts

Joined: Sep 2005
From: lolyat


QUOTE(speximent @ Mar 1 2009, 08:01 PM)
ok bro, rm300 is what u get back as a food voucher, and rm60 is a registration fee for card and their online system bla3....ok, once u become a member u are entitle to have 15% discount when u pay by cash.
to be honest, i dont care is it scam, MLM or whatever fraud they are. i'm already get back my rm330 investment and now i'm sit back watching the profit gain....
and i dont care anything. so, if u dont want to take a risk, dont put RM6k or be a shareholder. it is enough to just be a membership and u aint got nothing to lose.
GET RICH OR DIE TRYING....if want to join the power group, just PM me ....

*
so i just assume that RM60 consider as discount card?
based on the bolded sentence, i assume u are one of the investor whistling.gif
yhtan
post May 22 2009, 08:01 AM

Look at all my stars!!
*******
Senior Member
8,650 posts

Joined: Sep 2005
From: lolyat


QUOTE(rainpocky @ May 21 2009, 12:58 AM)
Isn't this similar to what Bernard Madoff did, he used other people's money to make money. Similiarity to a ponzi scheme?

I had heard about this IRC thing, as much as it sounds like a good deal, who gives away free money for long term ? This really just sounds too good to be true.
*
Madoff ponzi scheme exposed because a lot of investor decided to withdraw their investment and Madoff could not afford to pay them, hence the bubble burst
i believe IRC been tracking by BNM, but they can't prove this is ponzi scheme because they did not stop the payment monthly

for those who think this is a "good" investment, think twice, even share market cannot guarantee 100% return in 5 years time, remember high return = high risk, u all should know this in your mind
what i hate about MLM is their scheme, dragging one and another into deep hole and hoping another one join them in order to profit/breakeven
yhtan
post May 23 2009, 08:07 AM

Look at all my stars!!
*******
Senior Member
8,650 posts

Joined: Sep 2005
From: lolyat


QUOTE(jasonhanjk @ May 22 2009, 08:47 AM)
Investments itself does not have risk.
Risky or not, is depend upon the investor.

For me I can get high return but very low risk.
I personally known some are able to do that too.
I like to emphasize again, this is not an MLM.
It's a scam.
*
every investment tend to have risk, even putting money into FD also got risk, is just the matter high or low
even through i do not agree this plan, i won't call them as scam, because they still maintain the payment every month, and u don't have evidence to label them as scam

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0275sec    0.55    7 queries    GZIP Disabled
Time is now: 30th November 2025 - 11:52 AM