Join Emcom now and earn big money.
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No worries, Legacyman, at the end of this venture, I am sure you will learn more about setting up a company, running a company and managing a company. Read up a bit on proper Corporate Governance, the Company Act, Business laws in Singapore and you will know how to monitor a Company in terms of Funds and Assets management. Take this as a good opportunity to improve yourself and you will be able to get maximum benefits from it.Originally posted by LegacyMan:1) Ok if there's what you mean then Emcom have, sorry for my lack of knowledge for Companies.
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
Since you mentioned equity and funds, fund managers have to abide by the laws and regulations state down by MAS. Since you mentioned that Emcom dont have to abide by MAS laws previously, Emcom can technically invest your money in any ventures or projects (look at the RCB, is it registered as a trading/investment company too?) as approved by the board of directors.
So if they want to invest 40 million in oil, buy daimond/gold toilets or a yatch as company assets, pay themselves 1 million bucks per month as salary, there is nothing u, as investment lot owner can do, why? Cos you are investment lots owners but not a shareholder
So how do you protect yourself from these practices? A competent and independent board of directors to approve/monitor major fund transfer. Independent auditors to audit practices (say directors can have entertainment fees up to 1 million bucks a month) and best of all, a independet consultancy firms to implement good Corporate governance into Emcom, with proper checks and audits being conducted.
Hope this will help. Its not a matter of beliefs. Its a matter of knowledge and protecting your own interests. -
and APTG is also in M-Taichung Project
again, its a big fight between the giant and the dwarf, in terms of market shares -
Giant will not always win the battle, later still kena killed.Originally posted by laurence82:and APTG is also in M-Taichung Project
again, its a big fight between the giant and the dwarf, in terms of market shares
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ur use of analogy is very self serving oneOriginally posted by NUS_Superst@r:Giant will not always win the battle, later still kena killed. -
Laurence just shut up lah, go read what you posted, almost no logic, mostly emotional rambling..
Anyway back to the topic, My friend told me, only a little more than half of the money we give will be used for the project, where the minor half is paid out as commision, he say the returns are supposed to be abt 20 times instead of 10 times, but because of the mark up, it is so called divided by 2,
SMART! -
wow... cool thats something new for me to knowOriginally posted by jonzibonzi:Laurence just shut up lah, go read what you posted, almost no logic, mostly emotional rambling..
Anyway back to the topic, My friend told me, only a little more than half of the money we give will be used for the project, where the minor half is paid out as commision, he say the returns are supposed to be abt 20 times instead of 10 times, but because of the mark up, it is so called divided by 2,
SMART! -
Tsk, you couldnt see that yours is nuthing more than personal flaming?Originally posted by jonzibonzi:Laurence just shut up lah, go read what you posted, almost no logic, mostly emotional rambling..
Anyway back to the topic, My friend told me, only a little more than half of the money we give will be used for the project, where the minor half is paid out as commision, he say the returns are supposed to be abt 20 times instead of 10 times, but because of the mark up, it is so called divided by 2,
SMART!
Dont worry, i am used to it, even from agents who claimed they are not agents
Yeap, if only slightly more than half goes to capital investments, what kind of commision it is then when the minor half is paid out as commission?
Even worse, what sort of returns anywhere in the world boast 2000% (for the clueless it simply means 20 times)?
Excessive claims? -
Lau, you seem like so capable so why don't you just go down to their building at Shenton Way No.1 to know more about their joint partnership program instead of just trying to win some meaningless verbal war in this forum?
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SameOriginally posted by NUS_Superst@r:Lau, you seem like so capable so why don't you just go down to their building at Shenton Way No.1 to know more about their joint partnership program instead of just trying to win some meaningless verbal war in this forum?
It will be all out at the news anyway
So, if its true, why bother right? Whatever claims, would have been claimed as well at the websites, especially since its an ISP.
What I am actually fear is the many sort of claims that people posted here, and without legacyman clearing at least some of the doubt, we wouldnt have a clue.
If this is a meaningless verbal war, i wonder why you guys bothered to come here and make claims and even flame?
Sigh -
After reading half of the post, still back to my question why i never invested in it.
A return of 2000% which is 20 times.
40 million raise.
Means 800 million needed to return to the investor.
A Loan from the bank. Interest Rate will be definitely lower than 2000%.
Means loan 40 million no need to return as much as 800 million.
What for pay 800 million when you can pay less and earn more? (who will be in the right mind to say he have lots of money and want to share will others?)
My reasoning:
A back door to run if things ain't going smoothly which is highly possible. -
Get your facts right. We investors only get back 1000% of our investment or even lower according to which phase you are in and the money you get back is not just one shot give back. It is over a certain period. And one last thing, the forum is not the best place to do your investment research but at least, you can get an overview of what this emcom thing is about. Finally, if you are really keen, do go down to their office at Shenton Way No.1.Originally posted by Rustyhong:After reading half of the post, still back to my question why i never invested in it.
A return of 2000% which is 20 times.
40 million raise.
Means 800 million needed to return to the investor.
A Loan from the bank. Interest Rate will be definitely lower than 2000%.
Means loan 40 million no need to return as much as 800 million.
What for pay 800 million when you can pay less and earn more? (who will be in the right mind to say he have lots of money and want to share will others?)
My reasoning:
A back door to run if things ain't going smoothly which is highly possible. -
There was this chap who already claimed only slightly more than half the capital is invested, while the minor half goes into this 'commission' which he had not yet explained.Originally posted by Rustyhong:After reading half of the post, still back to my question why i never invested in it.
A return of 2000% which is 20 times.
40 million raise.
Means 800 million needed to return to the investor.
A Loan from the bank. Interest Rate will be definitely lower than 2000%.
Means loan 40 million no need to return as much as 800 million.
What for pay 800 million when you can pay less and earn more? (who will be in the right mind to say he have lots of money and want to share will others?)
My reasoning:
A back door to run if things ain't going smoothly which is highly possible.
I do agree, 2000% claim is too ridiculous
Even for shares to appreciate that much takes years.
It goes to show people claim they know business simply they claim tutorship of a businessman still dont know how a businessman thinks. Its always himself first, before employees or agents.
Again, sigh -
Strangely, from three four years ago, it was claimed NTI was new, so therefore there was no proper literature on their schemes, or a proper website.Originally posted by NUS_Superst@r:Get your facts right. We investors only get back 1000% of our investment or even lower according to which phase you are in and the money you get back is not just one shot give back. It is over a certain period. And one last thing, the forum is not the best place to do your investment research but at least, you can get an overview of what this emcom thing is about. Finally, if you are really keen, do go down to their office at Shenton Way No.1.
Now....still dont have....
Yesh, forum is not the best place to do research simply because there are too much dubious claims, whether 1000% or 2000% claims on returns -
sorry got my facts wrong...Originally posted by NUS_Superst@r:Get your facts right. We investors only get back 1000% of our investment or even lower according to which phase you are in and the money you get back is not just one shot give back. It is over a certain period. And one last thing, the forum is not the best place to do your investment research but at least, you can get an overview of what this emcom thing is about. Finally, if you are really keen, do go down to their office at Shenton Way No.1.
if u say 1000%.
40M x 10 = 400M.
Same case.
Pay bank also over a period of time.
Like i say ... if you guys really get 1000% return, i wont regret not joining.
I will say you guys are lucky. And congratz you.
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That's why I say forum is not the best place to do research. If you are really interested, just go down to their office at Shenton Way No.1 and ask the agent as many questions as you like until you are convinced. If you are still not convinced, just walk out of that place.
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So meaning you shouldnt be here? You should be there answering questions..if you are really that busy
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I think you make a mistake. I am just an investor, not an agent there. However, if anyone wants to know more, I can recommend you to my agent.Originally posted by laurence82:So meaning you shouldnt be here? You should be there answering questions..if you are really that busy -
Seriously, if you are not an agent, you should not be making representations on behalf of your company here.Originally posted by NUS_Superst@r:I think you make a mistake. I am just an investor, not an agent there. However, if anyone wants to know more, I can recommend you to my agent.
And strangely, any ordinary investors dont really care a hoot since they are more concerned about earning money from the returns of their investments.
So what is your vested interest in defending the company here? -
But u seems like promoting rather than sharing.
"Join Emcom now and earn big money."
Just my thoughts. -
I am just defending my investments here.Originally posted by laurence82:Seriously, if you are not an agent, you should not be making representations on behalf of your company here.
And strangely, any ordinary investors dont really care a hoot since they are more concerned about earning money from the returns of their investments.
So what is your vested interest in defending the company here?
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PreciselyOriginally posted by Rustyhong:But u seems like promoting rather than sharing.
"Join Emcom now and earn big money."
Just my thoughts.
He is doing more than what an ordinary investors would do, and again, usually investors are not agents, representative or employee of the company, so therefore any representations made can be moot. -
Good things must share and also, since this investment is in still in its early stage, I want to gather some of the views from other forumites.Originally posted by Rustyhong:But u seems like promoting rather than sharing.
"Join Emcom now and earn big money."
Just my thoughts.
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You shouldntOriginally posted by NUS_Superst@r:I am just defending my investments here.
I was reading an investment book when one of the warning is against investors with vested interest
Apparently the example given was a chap, who claimed to be an expert financial analyst who went on to talk about how good a company is. Turn out he is has invested in it.
You claim Emcom will earn big money, and it has gathered $40 million (?) as some claimed. If this is correct, fundamentally, you have nothing to defend against or worried about.
Worse, you have a vested interest in the investment, and you are an investor, you should not be making representations here. You should leave it all to the agents. Which means the only claims that can be made should be by employees, agents or appointed representative of the company.
Conflict of interest is always watched out for in the financial world. -
If pple eventually lose money like they did in magic kingdom, u wanna take up some responsibility, since u promote it like mad?Originally posted by NUS_Superst@r:Good things must share and also, since this investment is in still in its early stage, I want to gather some of the views from other forumites. -
Want views from other forumites?Originally posted by NUS_Superst@r:Good things must share and also, since this investment is in still in its early stage, I want to gather some of the views from other forumites.
You are defending our views wor ... and you have already invested in it. Means you are confident of your investment. Why still need other people views?
Sin 1 of investment. Not confident of what you invested in.