Written by a guy back in Nov 2007.
http://incorrigibleadventures.blogspot.com/
Sunshine Empire.
The hottest topic has been going around. I have friends in SE and i
can tell you that they are TOTALLY brained washed. From what i read
from the newspapers and forums, the information i gather is
actually VERY simple.
I shall not touch on how the scheme MLM(MULTI LEVEL MARKETING)
works because google is your best friend.
1) Folks will put in lets say, $300.
2) Out of this $300, about $30 will be given to the person that
introduced this MLM company to them
3) Then 10% will be taken from $300 to be used as loyalty
rebate.
4) rest of the $300-$30-10% = $240, will be used to give this very
handsome guy, called JAMES PHANG.
From what i know about James phang, be it from newspaper and
whatever, James Phang has been declared BANKRUPT before. He has
failed in his previous 3 attempts at MLM in previous years. And now
Sunshine Empire is his 4th attempt at it. Not sure if he might
perfect it, but i doubt so.
bankruptcy = + 10 fail points.
ok, let me declare first, whatever i say here, is based on what i
know, what i hear from. Choose to believe it or not, up to
you.
5) You are actually paying/working(recruiting folks) for your own
loyalty rebates.
6) Sunshine Empire is what, claimed as a funding company, if you
may, and wish, an investment company but by which they prefer not
to be called, for a company called EMCOM in Taiwan. This company is
currently building a wireless broadband connection that covers over
95% of taichung and some other places. Recently they are about to
start on Vietnam.
But look. Read the newspapers recently and the papers will
immediately tell you from their sources that SUNSHINE EMPIRE and
EMCOM OR the company incharged of the whole broadband project is
NOT related at all.SO now, folks are puzzled. So where did the
money go to?
The sunshine folks will say, NAH! DONT BELIEVE THE PAPERS! BULL
SHIT! WE HAVE BLACK AND WHITE!
black and white = - 5 fail points.
We also have projects like the MAGIC KINGDOM in Malaysia and many
projects in Indonesia!
But wait! Where? Where are the hotels and casinos?
Sunshine Folks : Its not yet built, we are planning it.
Ordinary folks: So means its not built yet?
People, i can tell you i can plan for this and that. And i will
psycho you that we need funds to build it and we guarantee high
returns!
Ordinary folks: WAH QUICK BUY!
few months later...
Msian Govt: We have not received any information or
request/permission to build anything.
Sunshine: But we have the CHIEF MINISTER's letter of
approval.
So is it the Msian govt sucks at inter-communication or could SE be
lying? I'm pretty sure these, printed on the papers, must be true.
because the papers have a much bigger reputation to uphold then SE.
Why would they publish something that isn't true? And with such a
big coverage on the topic at that!
Turns out JAMES PHANG, the so call HEAD of the whole Sunshine
Empire, is a share holder of EMCOM in taiwan which oversees the
broadband project. From anybody's point of view, its pretty obvious
that all the money he get from recruiting people, excluding the 10%
and $30, the rest of the money goes into HIS pocket.
So lets do some basic calculation shall we?
Lets say he gets $1,000,000 from 1000 people. That is like 1000GPs
worth roughly 11k each.
he uses this $1,000,000 and invests as a shareholder in EMCOM and
will reel in high returns. He will then use these returns from the
EMCOM project to pay back to the sunshine folks. Lets not even
enter the topic into how much he actually gets from it. Its
just...
the sunshine folks are the bank of NOT AMERICA, SINGAPORE or CHINA.
the folks are the bank of James Phang. And he is actually sort of
paying you interest ON top of paying back the initally "invested"
money.
Greed, greed greed. Wouldn't the folks at sunshine ever discover
that this company will DEFINITELY close? Not because of the
government, but because of the way it works. Look, Singapore has
4.8 million. Currently SE has about 20,000 people. It will be a
LONG LONG LONG time before it reaches the full 4.8million. But of
course minusing the babies and stuff, we have a staggering figure
of about 4million. minus the dying, and teenages, 2.5million. Its
just matter of time before everyone is in this thing. Then how is a
MLM company going to survive if everybody is in it and there is no
more people to recruit?
Choice 1: END IT
Choice 2: Investment company.
But look, CAD is investigating the company. Investigating the
company on its very investment-like schemes. Which tells us one
thing. If this is indeed an investment company, BYE BYE sunshine
empire Singapore. So this will DEFINITLY close down.
MLM companies are only good for the minority, the top few. It will
suck for the last few.
many also think this is a betray scheme for friends. Its like using
your friends for money. But of course,i dare say that you guys are
in a "partnership" to find more people and you are actually
extending an opportunity to your downline. So abit of twisting of
words and suddenly everything is going on.
So untill Sunshine actually builds anything under its name, This
this is totally just a ponzi scam. For the meaning ponzi, google is
your best friend. In other words, you are buying for your own
PSP/HP or whatever with you loyalty bonus and you are the Bank of
James Phang aka {BJP} instead of POSB or DBS. So...go find more
info ok?
