Better than Warren Buffett? What joke!
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how did he arrive at the number of "1 million" fans/supporters?
my friend got scammed by him and nearly dragged me down.
good thing I smelled a rat -
well, that's what we called blinded by greed.Originally posted by R.O.C.K.Y:even though everyone can agree that MLM is silly.... surprisingly, there are still many people who are lured into the business.... even my so-called intelligent friends who studied in top schools.
i joined for a week and quit after that.
found out that i lost more than i gain. haha -
he is one very cunning cookie....he controls the company but doesn't own it.....he wants to be called 'father' but many of those who gave him money are as old as his father.......he controls $300m?? even so not one cent came from him...even my kid knowns if you put in money to invest, expect returns....this one no guaranteed returns for $12k 'membership'!! so he insists this is not an investment biz...then what? throw money for him to spend spend and just spend?? can anyone explain why he can get away?? and why many more sheep are throwing good money away......??
first they claim to be of taiwanese telecommunications origin with documentations to draw in 'investors'...now it's no longer an investment project and he's buying up god knows what....so he has 'proven' it's a 'valid' biz which doesn't benefit those who paid for membership???..they should renamed it as the church of the sunshine empire.....lol -
This was found at the cult (SE)'s website:
Ewallet Withdrawal
Dear Our Valued Merchants (for Singapore),
We are in the midst of switching bank services to a global bank in order to serve everyone on a global level, all e-wallet withdrawal to bank accounts for the month of October will take 14 working days instead of the usual 7 working days to process your withdrawal.
Apologies for any inconveniences caused.
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http://www.sgforums.com/?action=thread_display&thread_id=287727
Sunshine pulling funds out of Singapore. -
The Godfather is abandoning his worshippers!
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oh, the rat is leaving his sinking ship?
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Since when is his ship ever floating in the first place?Originally posted by laurence82:oh, the rat is leaving his sinking ship? -
got many blind worshippersOriginally posted by redstone:Since when is his ship ever floating in the first place?
sure is a floating sampan lar -
The members are kena brain washed till clean clean:
http://rexleecorner.biz/
Dear members,
We are in the news again, Straits Time Wednesday. See the preview at www.straitstimes.com. It is a very neutral report. Please be prepared & look at the positive side. They CANNOT confirm us as an investment company, which we are NOT.
There is another half page of Sunshine at H26 about Sunshine VillaÂ…ItÂ’s a must buy news paper..^o^..
Will scare a copy and upload at my blog later.
Enjoy reading..^_^.. -
Thats why they boost the seniors sky high and beyond to god like levels. By saying how great they are, etc.... So that even if the seniors make mistakes or what the poor slaves will still believe in the slave king. What kind of company is this? Cult?Originally posted by scarborough:The members are kena brain washed till clean clean:
http://rexleecorner.biz/
Dear members,
We are in the news again, Straits Time Wednesday. See the preview at www.straitstimes.com. It is a very neutral report. Please be prepared & look at the positive side. They CANNOT confirm us as an investment company, which we are NOT.
There is another half page of Sunshine at H26 about Sunshine VillaÂ…ItÂ’s a must buy news paper..^o^..
Will scare a copy and upload at my blog later.
Enjoy reading..^_^..
Reminds me of leaders like Kim Jong Il and Saparmurat Niyazov -
Btw, does the Sunshine Plaza, situated opposite Bugis Junction belong to the group too? Just curious.
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It is not all MLM are bad ... It is people like this a ss hole that give MLM a bad name ..Originally posted by R.O.C.K.Y:even though everyone can agree that MLM is silly.... surprisingly, there are still many people who are lured into the business.... even my so-called intelligent friends who studied in top schools.
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Originally posted by Mr_Nameless:
This guy head swell so big, don't know where can take him ... maybe the science center ?? pity those people who trusted and invest in him ....
Wed, Oct 24, 2007
The Straits Times
[b]'I'm a legend - better than Warren Buffett'
MR JAMES Phang is pumped up with self-belief and confidence, even though a business linked to him is now under scrutiny by the Singapore authorities.
'I'm a legend. I'm very good - better than Warren Buffett,' he declares, referring to the United States investment guru.
Mr Phang claims to control more than US$300 million (S$439 million) in assets.
'We acquire companies like you go to market buying beancurd,' says Mr Phang, a motivational speaker who claims to have over one million students worldwide.
'When I begin my seminars, my loyal participants would shout: 'Father, I love you!',' he says.
Mr Phang, 48, is a charismatic adviser to Sunshine Empire, a multilevel marketing (MLM) firm that has proven to be very popular - but also controversial.
Diversified business
BARELY 16 months into operations here, his MLM arm, Sunshine, was last month placed on the Monetary Authority of Singapore's (MAS') investor alert list. This list names people or firms who may be conducting activities regulated by the MAS without authority.
Mr Phang, who works from a huge office in the Toa Payoh hub, is the founder, director and international president of Empire Group Alliance, a group spanning several Asian countries.
Sunshine is part of the group, but Mr Phang does not own it.
The group has interests in network marketing, entertainment, energy, real estate, telecommunications, health and beauty, insurance, and finance.
Its property arm, Empire Property Venture, is involved in several projects in Malaysia worth US$200 million. These include the 30-storey Empire State Tower in Kuala Lumpur, Sunshine Villa - which will house a medical centre - as well as a marine theme park with underwater accommodation in Malacca.
Empire Group's assets exceed US$300 million, he says.
Mr Phang is careful to emphasise that he 'will not harm anyone and my businesses are legal'.
He says it has taken five years to conceive Sunshine's business model, which he calls revolutionary and superior to others.
At Sunshine, people signing up as merchants under specific plans to shop on its online shopping platform get consumer rebates known as 'e-points', which can be used for online shopping or converted to cash. The rebates are not guaranteed.
Core belief
UNLIKE other MLM firms, Sunshine does not require its 'merchants' to meet a certain sales volume every month - part of its attraction.
Sunshine's online shopping platform reflects Mr Phang's belief in creating wealth.
'We have entered into an era whereby imagination is much more important than knowledge and creativity, much more effective than productivity,' he says.
Humble roots
MR PHANG'S vast business empire belies a humble beginning. Growing up at a vegetable farm in Lim Chu Kang, he worked hard to pay for his studies through various jobs, including construction work.
He left school after O levels and worked at a shipyard while studied for his A levels at night. A medical condition caused his left eye to go blind when he was sitting for his final exams at the National University of Singapore (NUS).
After graduating from NUS with a degree in economics and statistics, he joined the Chinese evening paper, Shin Min Daily News, where he worked as a features writer from 1984 to 1990.
He, however, found his niche in sales, starting at age 19 with door-to-door sales, selling AMC stainless steel cooking utensils, health items and other various products.
'I've sold everything. I'm a walking MLM dictionary. My aim is to grow Sunshine to be a global leading MLM firm with US$2 billion by next year,' he says.
He started MLM firm Number One Product, which sold magnetic mattresses, in 1990.
The Empire Group Alliance was set up in 2003.
Mr Phang is married with four children, ages 13 to 21.
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Such arrogance! [/b] -
wtfOriginally posted by FireAndHell:Btw, does the Sunshine Plaza, situated opposite Bugis Junction belong to the group too? Just curious.
no lar -
EEEEEEEEEE.MLM!!
EEEEEEEEEEEEE YUCK
NOWONDER SO BHB -
"sunshine empire" name sounds so gay, btw.Originally posted by laurence82:wtf
no lar -
that an idea for SE to buy that building !!!Originally posted by FireAndHell:Btw, does the Sunshine Plaza, situated opposite Bugis Junction belong to the group too? Just curious.
i have an idea too........................
sunshine bread !!! -
It's retro ...Originally posted by redstone:"sunshine empire" name sounds so gay, btw. -
Reminds me of 70s cults.Originally posted by Trump_Card:It's retro ...
Sunshine? Wtf name is that?
After Phang runs, all they will have left is sunshine roti.