CAD officially investigates NTI and EGA
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Unless someone from the management whistle blowsOriginally posted by truth678:Actually it will not be easy to investigate EGA. They already paid their lawyer well enough to protect them. I wish EGA all the best to cover all the payouts they promised to the investors/members.
[For those involved in it, please make sure your international president "James Punk" healthy enough to make as much pofits to cover the big hole.]
Large corporations rule in capitalist world
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Like I have said eariler if nobody boast their income will there be this kind of problem?Originally posted by laurence82:Like all others, you totally miss the point, but i will repeat for your benefit.
Do the NTUC directors boast their income? Do they have an interest in marketing their scheme, and what is the scheme they are boasting?
All only know how to harp on the showing personal details, but all keep evading the issue on boasting and duty to prove something you have an interest in
Why you all so scared? -
Precisely, i am glad you agree with meOriginally posted by ya_rite:Like I have said eariler if nobody boast their income will there be this kind of problem? -
den lau...can juz tell me why you cannot accept the webpage given to u on a leaders income... Ya... the leaders did let me see... is from our company system... like i sae .. MLM companies dun edit a person daily business status for the sake of boasting.. ( must be careful of the word i use to prevent being say again)
i believe cause i have an acc n i know its not possible to change... -
this has been discussed so many timesOriginally posted by R_teo82:den lau...can juz tell me why you cannot accept the webpage given to u on a leaders income... Ya... the leaders did let me see... is from our company system... like i sae .. MLM companies dun edit a person daily business status for the sake of boasting.. ( must be careful of the word i use to prevent being say again)
i believe cause i have an acc n i know its not possible to change...
right hand dont feed left hand, as what they always say in the real business world
this is why we have many authentication procedures in sg, one of them being income tax, or cpf statements among others
schools wouldnt mark their student papers for O levels right? its a 3td party assessment isnt it, ie, by Cambridge. otherwise, you would see scores of schools jumping into band 1.again, you need to think of the line of duty to verify and authenticate
anyone who has the interest in the scheme and is promoting it, must provide third party verification to support his scheme
where in the world is an internal business unit, ie, the sales team or the accounting provides 'authenticated' reports? why would we need auditors for then?
SE has every interest in blowing up the income earned by its distributors (or top distributos if they are in cahoots) because it has an interest in promoting the scheme , and the only way to verify it didnt happen is to provide an alternative 3rd party verification
how much further do i need to explain such principle which is an everyday ordinary event out in the corporate world? -
What we are seeing is the income based on getting commissions from the new guys. I have a feeling this will end up just like swisscash... the similarity is just too great to ignore.Originally posted by R_teo82:den lau...can juz tell me why you cannot accept the webpage given to u on a leaders income... Ya... the leaders did let me see... is from our company system... like i sae .. MLM companies dun edit a person daily business status for the sake of boasting.. ( must be careful of the word i use to prevent being say again)
i believe cause i have an acc n i know its not possible to change...
Started with a bang and lots of over enthusiatic people defending the legality of the whole system. Ended with the new guys getting cheated. Look around, where are the swisscash supporters now?
It's another case of too little too late... and perhaps to rub it in, we told them so... -
I must have missed this webpage and i can't find it. could someone please repost the link? Just want to have a look at it.....Originally posted by R_teo82:den lau...can juz tell me why you cannot accept the webpage given to u on a leaders income... Ya... the leaders did let me see... is from our company system... like i sae .. MLM companies dun edit a person daily business status for the sake of boasting.. ( must be careful of the word i use to prevent being say again)
i believe cause i have an acc n i know its not possible to change... -
sales commission is taxable. so now you know...Originally posted by Ristar:y not bring both?
commissions are taxable also ah?
i dunno... i never worked a single day in my life before. lol -
yeap true, any form of income is taxable, even dividendsOriginally posted by helpdesk^^:sales commission is taxable. so now you know...
stangely, capital gain isnt -
Originally posted by laurence82:Yeap, i agree, people who are not legally recognised as agents, representative or employees should not be representing the company or even answering questions. Its not their duty to do so, as they can get away with saying even the most ludicrous stuff.
Independent distributors will NEVER be recognized as authorized agents of a MLM business simply there are too many of them and the company will not be able to track the movements or conduct of these distributors to agree to be bound by their authorized agents' actions and word. Note that "agents" in a traditional business holds the authority to sign contracts on behalf of company and bound them to lawful contractual obligations. I believe that all MLM companies' policies would state very clearly that their distributors have NO such authority. So that means these distributors are only here to present their own point of view in this forum and are not representatives of the company.....
As for keeping hope, this been said many times everytime there is a new project (note the damn high turnover of projects). So issit doomsayers prophecies, or is it people no longer bothered to be conned to keep hope?
This is very true. It seems to be a really long list in a really short timeframe. We need someone in the know to list the projects again so as to enligten all newbies to this board....
As for ad hominem arguments, even forumers who came in with neutrality or has no interest in this subject has noted how agents are ruining the image of the companies with tireless ranting, whining and flaming, and which subsequently lead to banning, and more ranting whining and flaming.
I am afraid this trait happens far too often and not only with this board.
If the company cannot get control and cease this behaviour on the significant scale, there is no point telling people numerous times that these are rookies. This is the business world, ie, who cares? In the real world, rookies like these are fired immediately.
The truth is that we don't know the extent of the problem really. the "problem" is magnified online via this forum and probably nowhere else... in real numbers sense, maybe the figures are really very small. And maybe companies are already tackling against such rouge behaviour but as a business I believe companies would try to strike a balance between discipline and profit and not fire anyone firstly accused of bad conduct..... May not be a good strategy but I think some companies operate such way.
This is not a school where people are given chances and be allowed to justify themselves. Which is what i said, get away from the pseudo business world James Phang been putting you guys in. Go to the real business world with these ridiculous ideas and prepared to be pwned, as they say.
Ah Lau... this is the school of life lah... people must learn from everywhere as life springs its surprises from all over.... Even in the real business world or traditional business world, we are many atimes disillusioned....let alone in MLM.... but nonetheless, there are pretty much ridiculous ideas preached that should be addressed otherwise a MLMer would appear really inadequate in the real world... But we must try to symphathize with them... the MLMers would never cross their mind at this point that they would enter the real job market.... so they can't imagine they need to learn anything else.... -
I think the govt is acting to tax capital gains soon... i thought i read it somewhere...Originally posted by laurence82:yeap true, any form of income is taxable, even dividends
stangely, capital gain isnt
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helpdesk, here is what u need
http://www.sgforums.com/?action=thread_display&thread_id=227768
PS: to add on, some SE affliates now deny existence of the wireless project
go onto earlier pages of this thread and other related threads to find out more -
Ah... thanks... I see Telescope and the_fallen made quite a good list there...Originally posted by laurence82:
makes quite a good read. -
I thought i had misread the posts when it seemed like some of them admitted they had a money investment scheme which some of their distrubtors vehemently denied.... or did i read wrong again....Originally posted by laurence82:helpdesk, here is what u need
http://www.sgforums.com/?action=thread_display&thread_id=227768
PS: to add on, some SE affliates now deny existence of the wireless project
go onto earlier pages of this thread and other related threads to find out more
i need more time to back-read the posts...
you guys just generate so much to read in so short a time....
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i also have to go check upOriginally posted by helpdesk^^:I thought i had misread the posts when it seemed like some of them admitted they had a money investment scheme which some of their distrubtors vehemently denied.... or did i read wrong again....
i need more time to back-read the posts...
you guys just generate so much to read in so short a time....
i just received two copies of some hard cover documents for their prospects
one blue one golden orange colour one
need to find time to go read up -
I think the 2 hard covers are the company profiles.Originally posted by laurence82:i also have to go check up
i just received two copies of some hard cover documents for their prospects
one blue one golden orange colour one
need to find time to go read up -
hmm, did i miss some post?Originally posted by laurence82:helpdesk, here is what u need
http://www.sgforums.com/?action=thread_display&thread_id=227768
PS: to add on, some SE affliates now deny existence of the wireless project
go onto earlier pages of this thread and other related threads to find out more
why SE are denying the esistence of the wireless project now?
if anyone wants to see the existence of the project i have their agreement with me.
free free to let me know if you want to view it.
so what's happening to the wireless project?
don't tell me it failed again? (if so, it's really fast)
anyway, they are using a lot of things to cover up for the project and the money game, i've got the articles, anybody interested to view it?
Disclaimer: I'm not saying for the objective of saying.
Whatever I say on this company is based on Black and White to Support what I said in this thread and some others with regards to this company. -
Blue Color Book = Profile and Information of the Wireless ProjectOriginally posted by mrleech:I think the 2 hard covers are the company profiles.
Orange Color Book = Profile of Company and Overseas' Offices in various countries together with some pictures of their products. -
ah, if u read back few pages in this topic or the emcom one (I cant rem which one), some already deny what happened half a year ago, said what SE agents claimed half a year ago is rubbish, and now saying its a mail points rewards scheme, instead of an investment schemeOriginally posted by the_fallen:hmm, did i miss some post?
why SE are denying the esistence of the wireless project now?
if anyone wants to see the existence of the project i have their agreement with me.
free free to let me know if you want to view it.
so what's happening to the wireless project?
don't tell me it failed again? (if so, it's really fast)
anyway, they are using a lot of things to cover up for the project and the money game, i've got the articles, anybody interested to view it?
Disclaimer: I'm not saying for the objective of saying.
Whatever I say on this company is based o
n Black and White to Support what I said in this thread and some others with regards to this company.
as far as i know, capital invested is used to fund wireless project, and now they are saying its a reward points ofr using their service. which is not possible since they couldnt be consumers of that wireless project, or simply, mixing two projects up together
means investors dont have a coherent or consistent idea what they are investing in or invested in -
Mmmmh... I smell a rat.
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orh, that one ar,Originally posted by laurence82:ah, if u read back few pages in this topic or the emcom one (I cant rem which one), some already deny what happened half a year ago, said what SE agents claimed half a year ago is rubbish, and now saying its a mail points rewards scheme, instead of an investment scheme
as far as i know, capital invested is used to fund wireless project, and now they are saying its a reward points ofr using their service. which is not possible since they couldnt be consumers of that wireless project, or simply, mixing two projects up together
means investors dont have a coherent or consistent idea what they are investing in or invested in
i think it's me who posted it..
i thought now the company start to slient the project.
anyway, it's normal for Independent distributors inside this company to know nothing and be clueless.
if there's anybody who wants to know more on what they are actually doing, let me know and we'll meet up and i'll explain the whole thing to you personally. -
If your so pro then SE dun need Independent distributors anymore theres no need for advisors. Juz dun twist and turn the factsOriginally posted by the_fallen:orh, that one ar,
i think it's me who posted it..
i thought now the company start to slient the project.
anyway, it's normal for Independent distributors inside this company to know nothing and be clueless.
if there's anybody who wants to know more on what they are actually doing, let me know and we'll meet up and i'll explain the whole thing to you personally. -
Who denied the existence of Wireless Broadband?..
Most of us went up to see and even test the project..
Why wouldn't that person who claimed it be a clone of yours and posted some sh*t like that?
Please paste ur IC and birthcert and get the other party's one also..
To proove its a sunshine empire agents..
(i'm still feeling how stupid it is to ask abt the income tax.. )
HaHa -
simply becos u all scared to prove income that can be verified by a neutral third partyOriginally posted by christopher_rf:Who denied the existence of Wireless Broadband?..
Most of us went up to see and even test the project..
Why wouldn't that person who claimed it be a clone of yours and posted some sh*t like that?
Please paste ur IC and birthcert and get the other party's one also..
To proove its a sunshine empire agents..
(i'm still feeling how stupid it is to ask abt the income tax.. )
HaHa
typical SE agents behaviour since 3 years ago, evade issues with no good reason
up to now i can tell u why, but u never wanted to answer my questions which can refute your points -
To e sm1 who will post his or her income tax statement:
"May i borrow money?"
To e rest:
"Queue up! i asked 1st!"