hi..! not sure where to post this..but definately not at the
coslab website as there will be their agent advicing.. talking abt
how good their thing is.. while sunshine i believe has gathered
lots of financial expert here..so any 3rd party comment here?
i found this write up by someone from cos lab...anyone, any idea
the investment is true or can make it??
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"lifestyle package by Coslab. It's a short term, low risk plan,
2yrs and capital guarantee . Basically, you pay using credit or
cash. If credit, you can pay by installment for up to 24mths.
Here's how it works:
U invest $5885 + 5% admin charge(if by credit card), + $50 joining
fee installment 24mths. so 5885 divide by 24, each mth you pay
about $245. then on 18th of each mth, they will give u cashback.
This cashback is derived from their monthly gross profit. They will
take out 10% and divide it among the number of participants. By the
end of 18 mths, you are suppose to get back at least your 5885. If
not, they will pay u till you get your capital back.
What u get:
1)Facial packages (LED light treatment) + facelift + hand parrafins
+ 3 boxes of Slimming supplements worth $5885 for 1yr usage.
2)Free weight management consultations
3)Monthly cashback
4)Capital return guarantee
5)Referral fees (1st referral is about $1000, will increase as u
refer more people)
6 )Your referral refer people (you earn$400)
7)Earn points that entitle you to bonuses and discounts
Get shares when the company goes for IPO.
In the meantime, you are given the facial package worth the same
amount to be used in 1 yr. So actually the minimum guarantee is
that u will get your capital back and the facials will
be free. Then the cashback will be the extra amount. Plus if u
refer ppl, you earn the referral fees. If your referral refers
people, you get to
earn too!
The sums:
Invest $5885. Each month you pay $245 to your bank. (based on
24mths installment) You get $600 from Coslab. You earn $355. Your
$5885 is guaranteed to be all back to you by end of 18mths. So,
based on that, $600x18 = $10800. You paid $5885, so you get to earn
at least $10800-$5885 = $4915. In all you will get $4915 (assuming
you did not intro anyone) + $5885 worth of facials n products
Referrals scheme:
Eg. If you refer 5 people, you will earn: $10 00 x 5 = $5000 And
your referral refers 2 people each, you will earn: ($400 x 2) x 5 =
$4000 And your cashback is $600, in total
for 1 mth you will earn: $5000+$4000 +$600 = $9600 (which means you
already earned your investment of $5885 back + an additional
$3715)"
