Repost: Sunshine Empire
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they really dumb until this stage let u refunded 12k without deducting the previous?Originally posted by Game1980:Hey I think Sunshine empire is not a scam because they say in news they u can get refund.
So lets say u put in 12k and get 7k so far, just ask for refund and u earn 7k.
So those who just put in money, wait 1 month get rebate then ask for refund.
no loss.
If u scared run away, then just ask refund and u make no loss too.
SO those anti Se, what have u got to say?
Guys lets grab our refund quick.
After CAD clear SE, we can be more confident in putting my money rt.
U never go broke taking profit.
never minus the 7k "profits sharing" aka "Rebates"??
like that i will dumb 36k for 3 GP. Buy quit buy quit, then i dont need to work le ~
hahahahahahahahaha ~
so good to be true ~
then the upline commision how? hey like this got loopholes ler.....
ask an upline friend, u take 200GP, after he get his commissions, u refund....then both of you can share the commissions liao lol ~
of best is after 1 months....
after the 24k rebates + commissions then, refund.....really doubt that they are so see2pig le. -
You "LUGI" lah, ppl getting 1.4k as rebate. read it on papers, so you better go check it up ~Originally posted by Observer82:Hello SG Forumers,
Jun --- 741.18 ep = S$1185.88
Jul --- 741.71 ep = S$1186.73
Aug --- 737.47 ep = S$1179.95
Sep --- 737.80 ep = S$1180.48
Oct --- 737.50 ep = S$1180.00
your one onli 1.180.......why is the 10% sharings so uneven one?
did your upline "makan" your shares? -
Have anyone visited TPY since yesterday?? If yes can provide some updates of the current situation?? What i read from the paper was the office is lock and there is some men is suit packing some stuff away, i assume it is the guys from CAD.
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The SE Spokesman said that SE in SG no ones asking for a refund yet, hmmm this is weird, i guess this a dummy spokesman too.......clearance in SE not high enough or all the people online just bragging nia........
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I reckon the girl that was interviewed last night on tv "I got $7k back" was just another agent.
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office locked how to get refunds?
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i tink if SE really die, alot of investors surely also die, having invested so much money in it. If that happens, I hope the law would punish those guilty people heavily...................haiz..............................................
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Well they may be that 'stupid' if they want to keep up appearances and maintain an illusion of confidence.Originally posted by kyoshirou77:they really dumb until this stage let u refunded 12k without deducting the previous?
never minus the 7k "profits sharing" aka "Rebates"??
like that i will dumb 36k for 3 GP. Buy quit buy quit, then i dont need to work le ~
hahahahahahahahaha ~
so good to be true ~
then the upline commision how? hey like this got loopholes ler.....
ask an upline friend, u take 200GP, after he get his commissions, u refund....then both of you can share the commissions liao lol ~
of best is after 1 months....
after the 24k rebates + commissions then, refund.....really doubt that they are so see2pig le.
They are probably afraid the moment someone announces SE cannot meet it's obligations in terms of refunds, the whole thing will collapse.
But obviously, no organization can withstand large numbers of people taking money out. It's just not possible.
Like banks, SE survives on the confidence of it's members. The most recent banking example is Northern Rock in the UK. -
Not if the CAD wants them to discontinue their activitiesOriginally posted by Phaze:Well they may be that 'stupid' if they want to keep up appearances and maintain an illusion of confidence.
They are probably afraid the moment someone announces SE cannot meet it's obligations in terms of refunds, the whole thing will collapse.
But obviously, no organization can withstand large numbers of people taking money out. It's just not possible.
Like banks, SE survives on the confidence of it's members. The most recent banking example is Northern Rock in the UK. -
can any SEA share how does SE make money in order to pay money?
it seems like there is no sales turnover in this company (from the way threads have been posting)... so how come SE has money to pay your money rebates?
the foreign investments have not yet started to pay any profits as the businesses have not taken off, so where does SE come up with the money to pay anyone?
If this question is not properly answered, no one is going to believe whatever else... and I seeing the video on CNA, seeing the oldman with the walking stick walking into EGA HQ makes me feel so much anticipated pain and suffering for the retiree.... -
LOL you gotta be joking!
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so far, they have been avoiding lau question of asking for proof and sales turnover and other financial aspect of the company which are easily accessible to the public. However, they have say that all projects are either in planning stage or building stage, we can safely assume that the members are getting money from new members. I am sure that once CAD get proof of their accounts, all will come to light. 20k members in singapore with each donating 12k is a big deal and CAD will investigate thoroughly especially when the newspaper is reporting. Singapore is such a small country, want to cheat, also very hard la.
from the CNA, they are not allow to go in cause they scare that evidence will be revealed or customers will be scared away, this show how much transparency the company has. the thing is, u dont start getting money immediately in investing as well cuz the money will be channelled to the project and you will only see returns after completion. this 1 is show u plan, 1 month later, u got money.its very obvious that it is a pyramid scam.
For SE supporters, where have you disappear to??? pls come out to defend ur beloved company with CONCRETE proof. ask ur "father" or whoever you called to show the public ur accounting statement, p/l statement, and blah blah blah its your only way out.
when the sh*t hit the fan, pls do not disappear -
So i think we are right to say that it is all in the investigation stage but so far nothing is really finalised rite???Originally posted by xdrave:so far, they have been avoiding lau question of asking for proof and sales turnover and other financial aspect of the company which are easily accessible to the public. However, they have say that all projects are either in planning stage or building stage, we can safely assume that the members are getting money from new members. I am sure that once CAD get proof of their accounts, all will come to light. 20k members in singapore with each donating 12k is a big deal and CAD will investigate thoroughly especially when the newspaper is reporting. Singapore is such a small country, want to cheat, also very hard la.
from the CNA, they are not allow to go in cause they scare that evidence will be revealed or customers will be scared away, this show how much transparency the company has. the thing is, u dont start getting money immediately in investing as well cuz the money will be channelled to the project and you will only see returns after completion. this 1 is show u plan, 1 month later, u got money.its very obvious that it is a pyramid scam.
For SE supporters, where have you disappear to??? pls come out to defend ur beloved company with CONCRETE proof. ask ur "father" or whoever you called to show the public ur accounting statement, p/l statement, and blah blah blah its your only way out.
when the sh*t hit the fan, pls do not disappear -
b4 u all go in all that refund,
please take note of the previous reports on SE n Mr Phang...
he was heavily in debt... paid most of it.. still in debt....
i bet he'd rather use some of ur "refunds" to repay his debts... wad makes u so sure u gonna get ur money back?
when it comes to money.... u all know lah.... even siblings will fight to death... not to say in SE n their investors... no one knew each other VERY well...
anyway, so much craps here also no use one.... wad we can do is only wait n see.... im sure CAD will come out with smtng for the investors at least.... and for the agents.. i tink it's high time u wake up....
*pinch ah lau... -
true we can only wait and see. everything has not yet been finalised. personally, even if SE has been cleared (which i highly doubt it), i would not touch that company with so many controversial news surrounding it. i would agreed that when money is involved, silblings will fight to death.right now, the only thing is wait and see lor. however, with all the negatives news, Se better wake up their ideas la
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hur hur hur....
actually i have ntng againts MLM... in fact, if their method is right, i wld even encourage... i mean MLM started in US 20 yrs back... and they are a success...
y do MLM in SG fail?
it's not a matter of "aiyah... dun compare US with SG" or "that is US.. this is SG"
wad the diff? SG will be like US one day... there's living things in US, there's also living things in US. so i wld say we are all equal....
i believe if MLM-mers here use the right approach, it will be a success too... we have a few good examples.. look at Herbal-life, NuSkin, Usana and there's 1 more.. i forgot....
they are a few good examples that proves that MLM can be done here as long as u get the right approach
oh.... and also... high risk, high return.. low risk, low return.... i think u ppl need to think abt this sentence... there's always hiden agenda... -
I do agree with you... Seriously if the right approach is used as in direct sellig a product i believe it wun end up in this mess. but i think this time rd the wrong approach is used ba.. maybe SE is really a gd company jus that the so called leader do not use use the right approach to educate his/her agent... Agreed?Originally posted by aHGer^83:hur hur hur....
actually i have ntng againts MLM... in fact, if their method is right, i wld even encourage... i mean MLM started in US 20 yrs back... and they are a success...
y do MLM in SG fail?
it's not a matter of "aiyah... dun compare US with SG" or "that is US.. this is SG"
wad the diff? SG will be like US one day... there's living things in US, there's also living things in US. so i wld say we are all equal....
i believe if MLM-mers here use the right approach, it will be a success too... we have a few good examples.. look at Herbal-life, NuSkin, Usana and there's 1 more.. i forgot....
they are a few good examples that proves that MLM can be done here as long as u get the right approach
oh.... and also... high risk, high return.. low risk, low return.... i think u ppl need to think abt this sentence... there's always hiden agenda... -
correct me but is the brother in the fengshui business -- the New*re*d ..?
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smtng lydat...Originally posted by kitson_83:I do agree with you... Seriously if the right approach is used as in direct sellig a product i believe it wun end up in this mess. but i think this time rd the wrong approach is used ba.. maybe SE is really a gd company jus that the so called leader do not use use the right approach to educate his/her agent... Agreed? -
haha mlm is not really successful in US. its been doing well becuz of the market size. in the states, population is 200m+, singapore with 4m population, the market is pretty small and the products juz cant move fast enough. the plan in mlm juz focus more on recruitment as well so once every1 get recruited, yur salary stopped.
Amway has been investigated and cleared becuz they changed their way of doing business, they no longer booast about their income and provided real facts. quixstar has been exposed by cnbc on how they do business. statictis has shown that 99% failed. I was in Canada about 2 yrs ago in my high school when my fren started exposing me to MLM. but i haven touch MLM until last yr when my fren introduce me to Sunshine, lucky i never succumbe to his scheme.
You know, MLM is a good plan in theory of course, but when in real life., ppl juz the loopsholes to earn more income. i will encourage mlm if juz if, ppl have a better business ethic.
the reason why government legalised MLM not becuz it is no longer a scam, but becuz too much MLM company has been operating underground and there is no way to control them legally. instead of outlawing MLM, they legalised it and introduced the MLM body to provide guideline. when sometime cant be stop, u introduce laws to control. juz like the Prostitutes in GY. its not outlawed but controlled. and they are not heavilly publicized. have u ever seen mLM encourage by gov, no right. -
It's been months since I asked this. MLMers say we don't have proof anyhow flame. What about them? Also no proof?Originally posted by xdrave:For SE supporters, where have you disappear to??? pls come out to defend ur beloved company with CONCRETE proof. ask ur "father" or whoever you called to show the public ur accounting statement, p/l statement, and blah blah blah its your only way out.
when the sh*t hit the fan, pls do not disappear
Or is their beloved Father a scammer, brainwashing others into believing he's a God? -
watched this 70's black and white movie when i was a kid.Originally posted by Phaze:Well they may be that 'stupid' if they want to keep up appearances and maintain an illusion of confidence.
They are probably afraid the moment someone announces SE cannot meet it's obligations in terms of refunds, the whole thing will collapse.
But obviously, no organization can withstand large numbers of people taking money out. It's just not possible.
Like banks, SE survives on the confidence of it's members. The most recent banking example is Northern Rock in the UK.
about a bank manager cheated and squandered the bank money.
when his scam about to fold, he release fake statements to the press saying the bank cant payout soon thus facing financial crisis.
then the whole nation people come to the bank and withdraw their hard earn savings.....the bank simply cant coop with fast cash payout.
then the bank operation seized, riot started and the bank was torched.
Perfect scam and the manager get out free, in the end the bank goes bankrupt.
Tsk tsk tsk.......seem familiar? -
You guys are wrong when you say that MLM is good when done right.
MLM is a fundamentally flawed business model. Even when you do it right, it's built into the system that a vast majority will fail.
This is why the average monthly gross income for "active" IBOs in Quixtar was $88. This is typical. And it doesn't even account for costs - the time spent selling the product and other expenditures. Not forgetting that most distributors buy their own product. Most distributors actually lose a lot of money.
There are tons of articles out there that explain the fundamental flaws of MLM. I will discuss 2 of the flaws.
The first is market saturation. When you recruit a downline, you are really recruiting a competing salesperson. In a normal company, people are hired to do sales but hiring stops when you have enough salespeople to serve the market. MLMs have no such controls.
The second is that MLMs are very inefficient. What is "passive income" as defined by MLMs? "Passive income" means you sit back, do nothing while your downlines sell. People who collect commission while doing nothing is very inefficient.
Let's take a look at this Businessweek article:
http://www.businessweek.com/smallbiz/content/apr2006/sb20060419_388805.htm
"On a $25 grocery order, how much profit do you think we make?" he asks a group of new cashiers and stock clerks. "$12.50, $7.50, $2.50, or 75 cents?" Most are shocked to learn the correct answer is 75 cents -- and suddenly they understand the importance of watching costs.
That works out to an average margin of 3 cents on the dollar, or 3%.
Think about what this means. It means that as a reward for distributing goods, Walmart earns 3%. How much are all the distributors in an MLM rewarded for each product sold? Go sum up the percentages. And why would anyone want to pay such inflated prices? And do you really think it is the road to millions? -
i agree with xdrave and ahger
i rather walk into an MLM company, wonder whether its products work, or whether i can make it...rather than wondering if i could get my capital back
i was always warning about disguised pyramid scams, but i guess greed is such a strong evil
*pinches ahger back* -
good luck to those who want to get refund from SE. when i was in NTI 3-4 years ago, i was told i could get a refund if i wanted to leave and all i had to do was return my unused/unsold products.
in the end i was told some cock-and-bull story of the company policy being changed and my products became non-refundable. i still have my aromatherapy products at home!