Join Emcom now and earn big money.
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And how much of the total capital was raised by investors?Originally posted by LegacyMan:Its 50% profit fixed from Emcom for internet and VOIP. -
Its ok for meOriginally posted by LegacyMan:Yup thats why new agents will bring their friends to see their manager to know more of the project. They are not suppose to present themselve.
But for forum wise, there's not way to stop.
nti agents destroying the image of their company
no problem here
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Do you have the patents to back this claim? If they have these patents, the company would be worth at least half a billion now and trading in the NasdaqOriginally posted by NUS_Superst@r:I feel that emcom's technology is better. Surfing net while travelling at 130km/h. Who can do that?
Go check out who owns these patents before making such claims.
I have mentioned in the previous threads.
1) Dont overclaim. Just show people your track record. What succeed and what failed.
2) Laws in different countries give different protection to contracts/agreements signed. If you are serving your customers, its best you find out which ones will give the best protection to you and your downline. If you have problems, go consult with a lawyer.
3) A Pte Ltd need to issue shares as well to partners who invests. If you are unsure of Company Act and how it affects your investments, go consult with a investment consultant, a auditor, a lawyer or any successful businessman -
Strangely, Promax, the platorm provider for APTG, the competitor in Taichung, is a NASDAQ listed coyOriginally posted by Nikonman:Do you have the patents to back this claim? If they have these patents, the company would be worth at least half a billion now and trading in the Nasdaq
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Its a victory in term of first mover in taichung.Originally posted by laurence82:Abuden......how can start of operation be hails of victory? -
The past 4 months (Aug,Sept,Oct,Nov) we have raised around 40millions SGD.Originally posted by laurence82:And how much of the total capital was raised by investors? -
That's a lot.Originally posted by LegacyMan:The past 4 months (Aug,Sept,Oct,Nov) we have raised around 40millions.
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The technology is from Taiyee not Emcom. They have proven their technology with partnering with WeMax in GaoXiong.Originally posted by Nikonman:Do you have the patents to back this claim? If they have these patents, the company would be worth at least half a billion now and trading in the Nasdaq
Go check out who owns these patents before making such claims.
I have mentioned in the previous threads.
1) Dont overclaim. Just show people your track record. What succeed and what failed.
2) Laws in different countries give different protection to contracts/agreements signed. If you are serving your customers, its best you find out which ones will give the best protection to you and your downline. If you have problems, go consult with a lawyer.
3) A Pte Ltd need to issue shares as well to partners who invests. If you are unsure of Company Act and how it affects your investments, go consult with a investment consultant, a auditor, a lawyer or any successful businessman
Emcom do not issue shares to us, but rather investor lots. -
Percentage of capital raised?Originally posted by LegacyMan:The past 4 months (Aug,Sept,Oct,Nov) we have raised around 40millions SGD.
Is this from investors alone?
You sure there are that many investors, or simply there are rich people? -
so Tayee would have patents?Originally posted by LegacyMan:The technology is from Taiyee not Emcom. They have proven their technology with partnering with WeMax in GaoXiong.
Emcom do not issue shares to us, but rather investor lots.
and NASDAQ listed? -
1) Emcom does not own any patents? Then they cant claim the 130km/hr surfing then? Proven technology does not equal to claims, only patents can.Originally posted by LegacyMan:The technology is from Taiyee not Emcom. They have proven their technology with partnering with WeMax in GaoXiong.
Emcom do not issue shares to us, but rather investor lots.
2) What happens when Emcom dissolves its partnership with Taiyee? What will happen to the money invested?
3) What are investment lots? Legally binding in our laws? Does MAS/Singapore has rules and regulations on "Investment lots" -
Wa, so many questions. The amt I invested is small compared to investment og MNC so spending so much time to figure out so many confusing question is simply not worth it.
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1) 40 million raised so far is not a small sum of money le. If this goes on? It can even rival a certain Charity Organisation, how do we ensure that there wont be Gold and Diamond toilets for the bosses of Emcom, first class travels for the bosses? Is there a board of directors or trustee board set up to manage the funds?Originally posted by NUS_Superst@r:Wa, so many questions. The amt I invested is small compared to investment og MNC so spending so much time to figure out so many confusing question is simply not worth it.
2) Dont you feel responsible for your downline? So you need to find out more? So everyone can do the correct stuff? -
Capital for Taichung Project ? That one i dunno about it.Originally posted by laurence82:Percentage of capital raised?
Is this from investors alone?
You sure there are that many investors, or simply there are rich people?
The 40 millions i doubt is from BP,SP or GP investors alone. There is also other high end investor who invested millions. But who i am not sure.
Current emcom has 4000+ investors including BP,SP and GP, of cos some investor might have bought more than 1 partnership. -
Tayee should have patents on their technology, but we do not have any documents on that yet.Originally posted by laurence82:so Tayee would have patents?
and NASDAQ listed?
NASDAQ listed is beyond my knowlegde too. -
Interestingly they can get so many people to invest without even starting operations... I mean we don't even know they can make profits. This is what I think:Originally posted by LegacyMan:Press conference to official launch emcom in taiwan.
not operation yet, where to get profit ?
1. They definately have the technology, but the marketing method seems suspect. Why would they need to raise so much funds ($40 million), only to give out dividends? Plus they have not even started operations! How can they ensure that they can continue profits even after using these funds for the infastructures? From the way I see it, new investor funds are used to roll, to keep the old guys happy... mmh one day they will run out of funds to roll if no new investors come in.
2. Assuming that Emcom loses out to the other company, (we wouldn't know will we? Operations hasn't start yet.) What is Emcoms' strategy? Up to now I know nuts about Emcom's business plan. Their key draw point seems to be the early dividends. Infact that seems to be their only advantage?
Do keep me posted. One day I will raise funds for my company using this method.
Regards,
BKKboy -
Emcom doe not have the patents, that why the surfing speed is all mentioning from our technology team not Emcom. Again whether there is patents or not its already beyond my know of info.Originally posted by Nikonman:1) Emcom does not own any patents? Then they cant claim the 130km/hr surfing then? Proven technology does not equal to claims, only patents can.
2) What happens when Emcom dissolves its partnership with Taiyee? What will happen to the money invested?
3) What are investment lots? Legally binding in our laws? Does MAS/Singapore has rules and regulations on "Investment lots"
Please dun ask me such question, why would they dissolved partnership for ? They are working together to build wireless infrastructure and earning money together too.
I am not sure about MAS rules and regulations, anyway we are not under MAS. -
Emcom first of all is not a charity organisation, even if the boss has gold and diamond toilet its also his problem, cos its his business.Originally posted by Nikonman:1) 40 million raised so far is not a small sum of money le. If this goes on? It can even rival a certain Charity Organisation, how do we ensure that there wont be Gold and Diamond toilets for the bosses of Emcom, first class travels for the bosses? Is there a board of directors or trustee board set up to manage the funds?
2) Dont you feel responsible for your downline? So you need to find out more? So everyone can do the correct stuff?
Emcom is not a public listed company, therefore there is not board of directors.
Yes we need to know more about the company and progress of the project, anyway everyone was already told that there is risk involved before they join the partnership.
The big risk in emcom is lack of info. Emcom is a pte ltd, its not possible for them to let you see their financial report.
But anyway if they do, the ROI wun be that high. Again i would say again, believe you join, dun believe you wait.
When the official launched in Jan 07, we will know whether its a scam. -
Raise fund is to build the wireless infrastructure. Anyway there is 2 ROI for this partnership.Originally posted by bangkokboy:Interestingly they can get so many people to invest without even starting operations... I mean we don't even know they can make profits. This is what I think:
1. They definately have the technology, but the marketing method seems suspect. Why would they need to raise so much funds ($40 million), only to give out dividends? Plus they have not even started operations! How can they ensure that they can continue profits even after using these funds for the infastructures? From the way I see it, new investor funds are used to roll, to keep the old guys happy... mmh one day they will run out of funds to roll if no new investors come in.
2. Assuming that Emcom loses out to the other company, (we wouldn't know will we? Operations hasn't start yet.) What is Emcoms' strategy? Up to now I know nuts about Emcom's business plan. Their key draw point seems to be the early dividends. Infact that seems to be their only advantage?
Do keep me posted. One day I will raise funds for my company using this method.
Regards,
BKKboy
1) gurantee profit-sharing from sunshine-empire (10% sales revenue)
2) ROI from emcom's internet and VOIP subscription (50% profit)
From the start we have mentioned to all investor that the ROI from emcom is not guranteed.
Anyway the phrases has a end and when thet come we will get ROI from the Emcom if they earn profit.
U know nuts of Emcom business plan is because you are not invloved with it, even us agents does not know how they are planning to operate. Anyway there is not gurantee that a company can earn profit, but at least if we dun try we wun know.
Well if you think the raise fund way is good, i guess no one will obejct that u use it.
End of the day, we can only wait and see how emcom goes, neither you or i can predict emcom's future. -
Mmh I do agree about the wait and see part. Infact I can't wait for 07. What I would love to know is Emcom's advantage over Promax, the platorm provider for APTG. What draws investors to Emcom and not Promax now? I'm sure they let on abit of their business plan, if not how to attract investors?Originally posted by LegacyMan:U know nuts of Emcom business plan is because you are not invloved with it, even us agents does not know how they are planning to operate. Anyway there is not gurantee that a company can earn profit, but at least if we dun try we wun know. -
1) A board of directors (min 2) can be found in a Majority of Pte Ltd, unless you are talking about a LLC, in which, there is only one director/major shareholder with the ability to transfer funds, without the need to consult with others!Originally posted by LegacyMan:Emcom first of all is not a charity organisation, even if the boss has gold and diamond toilet its also his problem, cos its his business.
Emcom is not a public listed company, therefore there is not board of directors.
Yes we need to know more about the company and progress of the project, anyway everyone was already told that there is risk involved before they join the partnership.
The big risk in emcom is lack of info. Emcom is a pte ltd, its not possible for them to let you see their financial report.
But anyway if they do, the ROI wun be that high. Again i would say again, believe you join, dun believe you wait.
When the official launched in Jan 07, we will know whether its a scam.
You can read up more about setting a Pte Ltd at www.gov.sg, its obligations and requirements under the Company Act. So you are saying that Emcom does not have a board of director and is a LLC in which one person has the absolute right to transfer funds without anyone knowing? Please clarify this.
2) As investors in "Lots", dont you wanna know whether there is proper Corporate Governance in Emcom? If one person can transfer 40 million or more with a click of a button and declare the company bankrupt the next day, is there anything we as Lot investors can do? -
Yeah i do wait for that day too, waiting to know more about how they will be operating.Originally posted by bangkokboy:Mmh I do agree about the wait and see part. Infact I can't wait for 07. What I would love to know is Emcom's advantage over Promax, the platorm provider for APTG. What draws investors to Emcom and not Promax now? I'm sure they let on abit of their business plan, if not how to attract investors? -
Came across this site (http://www.emcombeyond.blogspot.com/) where the poster signs off as:
Ignious Yong
Managing Director
Empire Communications Technology Pte Ltd
I'm pretty sure it is authentic.
But what confuses me is this;
"As of now, in addition to our M-TAICHUNG, CONNECTED CITY project in Taiwan, we are developing a growing presence in Singapore. Through our recent acquisition of Bluengine Asia Pacific Pte Ltd, we have developed a strong marketing and trading presence in Indonesia"
1. So are they part of the M-Taichung project or a private firm doing their own infratstructure?
2. Did they really acquire Bluengine or was there just a movement of personnel, was it the CEO who moved over? I'm not too sure.
Was referred to this site by my friend who claims to be privy with some of the honchos there. Anyone can verify this?[/b] -
1) Ok if there's what you mean then Emcom have, sorry for my lack of knowledge for Companies.Originally posted by Nikonman:1) A board of directors (min 2) can be found in a Majority of Pte Ltd, unless you are talking about a LLC, in which, there is only one director/major shareholder with the ability to transfer funds, without the need to consult with others!
You can read up more about setting a Pte Ltd at www.gov.sg, its obligations and requirements under the Company Act. So you are saying that Emcom does not have a board of director and is a LLC in which one person has the absolute right to transfer funds without anyone knowing? Please clarify this.
2) As investors in "Lots", dont you wanna know whether there is proper Corporate Governance in Emcom? If one person can transfer 40 million or more with a click of a button and declare the company bankrupt the next day, is there anything we as Lot investors can do?
In the RCB of Emcom we have, there is 4 names in it. A secretary and 3 directors. Is there what you are refering ?
2) I do agree with your points that we should know where the money goes, but as i say the company is not prepare to give us their finanical report. Mainly because its a pte company too.
Thats why i always say, if you believe you join, if not better don't. Anyway they do tell us where the money goes to, but thats verbally not black and white.
Anyway when u buy a equalilty you also dunno where the fund manager invest it in. You only know its on certain countries and maybe certain company only. And of cos high risk equal to high return.
Anyway here's the link to Emcom's Corporate Blog. Its currently using blogspot, it has latest news of Emcom development. Those interested to know more can read in it.
http://emcom.blogspot.com -
Originally posted by halth:
This info is from the blog started by Mr Ignious Yong, MD of Emcom (Singapore)
Came across this site where the poster signs off as:
Ignious Yong
Managing Director
Empire Communications Technology Pte Ltd
I'm pretty sure it is authentic.
But what disturbs me is this;
"As of now, in addition to [b]our M-TAICHUNG, CONNECTED CITY project in Taiwan, we are developing a growing presence in Singapore. Through our recent acquisition of Bluengine Asia Pacific Pte Ltd, we have developed a strong marketing and trading presence in Indonesia"
1. So are they part of the M-Taichung project or a private firm doing their own infratstructure?
2. Did they really acquire Bluengine or was there just a movement of personnel, was it the CEO who moved over? I'm not too sure.
Was referred to this site by my friend who claims to be privy with some of the honchos there. Anyone can verify this?[/b][/b]
1) What he is refering to is M-Taichung project in Taiwan. Its a nation wide project and any company can participated in it. The problem now lies on whether are you aids by the govt or doing it as private.
2) Emcom had already aquired 70% of Bluengine shares. Whether its personnel or whatever is unknown to us. But we know that the CEO of Bluengine is also the COO of Emcom.