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19-01-2015, 10:04 AM
(19-01-2015, 06:48 AM)yeokiwi Wrote: and there is a forum thread on this company
http://forums.whirlpool.net.au/archive/2232376
It is just a company with one director and one shareholder(same person) living in a rather ulu place.
Nice job Yeokiwi.... what I like in the thread discussion is people actually take the sarcastic remark of "putting $3m this week getting out $8m the next" as real... just goes to show that when a lie is big enough people will start to believe it... skeptical yes but start to believe it's plausible
Anyway based on the terms and conditions it is an "unsecured Note" rather than deposit per se. Either way if anyone is interested, do remember that return OF capital is always more important than return ON capital.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)