buying company shares for 10k? sumone enlighten me?

^tamago^ SG

i think some of them are tio pian type........

bladez87 SG

ah beng and ah lian are enticed by the "promises" and money.

some peer pressure, some foolish. others thought it is the IN thing to be. ya lor.

redstone SG

I like to see their pay income.

Peer pressure yes, lots of psychology involved. If you're strong enough to reject them, relationships will be affected somehow.

I wish some of them would use their heads and think for themselves. I've seen people defend their company to their death like nothing I've seen. Also others who defend the mlm company after listening to only 1 seminar.

laurence82 SG

Never tell people you are not selling an investment scheme just because you are not publicly listed, or licensed

You will appear foolish, and your facts wrong

Investment is a broad term, which include but not exclusive to securities trading, and under securities trading umbrella you have a number of instruments including but not exclusive to shares...and of trading you need not to be selling your own company shares. Usually a company engages a third party, usually a bank, to set IPO and sell its shares on the market.

You are licensed depending on what you are selling, not whether you are selling any investment product at all.

Any MLM scheme can be straightaway considered an investment scheme, since the main aim is to gain an income or earn off from participating in such schemes.

I dont know why people like to bamboozle prospects by providing very misleading information themselves, while accusing of fellow affliates of doing so.

Procter SG

GNC has a programme in which it encourages its customers to recommend its brand to their friends/relatives, in which if they do so, they will get bonus points in which they can redeem additional products.

This is also an example of earning from participating in such a scheme.

The primary aim of an MLM company is supposed to distribute its products and services, but due to human greed, many play up the promise of high income that is connected to the company's compensation plans to levels that may not be considered very ethical.

To most laymen, a definition of an investment is to input a sum of money or capital into something in order to gain profitable returns, as interest, income, or appreciation in value.

But what about sums of money used to purchase products and services (of value, not worthless), or when an income is generated only when work and effort is being applied? Would it still be called an investment? If a person spends a sum of money to open a business, develops it into a profitable SME and that sum of money is considered an investment, then yes, MLMs are also an investment of sorts.

However the current definition of investment in SG is to place capital somewhere without purchasing retail products and services, and to expect returns for that capital alone.

The line is thin but defined.

By the way, the company has only 1 standardised way of disseminating its plans and operations. Anyone who deviates from the standard information risk charges of misrepresentation from the company and may face appropriate action. If fellow affliates choose to continue promoting information not approved by the company, they risk not only themselves but also the company's reputation.

redstone> I still maintain good relations with friends and relatives who declined to join the company. If a person defends a company "to the death" but without reason and objectivity, then yes, that's not a very right thing to do.

^tamago^> if the young people join because they think its easy and fast money, then yes, they're kinda disillusioned. It's a good opportunity, but nevertheless requires hard work and effort just like any other job. I hope they can realise this fact too.

laurence82 SG

In summary, those seeking wealth need not seek Sunshine Empire

So this so called 'proof of income' is rubbish anyway, since they dont really earn income or profit from it. To think some boast earnings which enable them to buy BMW or earn at least USD 5k per mth nonsense.

Rolling Eyes

With regards to earnings, the point is wrong. MLM is an alternative product service distribution system, as well as an business opportunity, whatever the level of ethics. It provides an alternative method of income in lieu of the normal salaried system.

The part about investment is wrong and confusing. Purchasing products and services alone, and investing through a scheme to promote products and services, and earning from it, are two different things. Nowhere was the talk of purchase alone came up, so I am not sure why the talk about some thin line. What is the point of that anyway?

Note the patten of rebuttal, if level of ethics in MLM is questioned, MLMers would deride the earning bit of MLM, otherwise, the earning potential is always presented foremost to prospects. I am not sure how long you guys are going to continue contradicting your own stance, even among the people from the same company.

Then again, you guys have always been contradicting, even more so for those who come up to point out how the other affliates are black sheeps. There emerge a pattern in which on a a few mthly basis, a new group of affliates always come up to 'correct' the wrongs of the older group.

Nothwithstanding, the danger of misrepresentation was warned many years back, yet till today nothing was done, except rounds and rounds of warnings and general statements which by present results would amount to cheap talks. Once something happened, then company garang gabuk and issues a memo.

Yet, the problem is still there. What can I say... Laughing

Razorsharp SG

i see it as a good opportunity to expand the business, raise funds and really develop something concrete. I see it as good news for those that are vested. Seriously the rest should stand aside and stay out... I don't encourage anyone to join for they will be greatly disturbed by all the negativity. Just stand aside and watch. Be it up or down, as least its just a free show. For SE merchants, i hope SE can make good use of this to string the rest of the substandard ventures together.

Cheers.

dot_dot SG

I’ll give u an example how people get money to rent offices… a company opens up and take money from everyone, it managed to raise $50 million for example… then it started to build a condo… when the units start to sell, they can received up to 10 times the cost price if the market is good… it the return to the people double of what they have put into the company… from nothing, the company became somthing, earned a few hundred million and gave back everyone double of what they have put in… of course this is only an example… not refering to any company in particular… so for those who do not know how money actually circulates in the economy, plz scroll down and click on the logout button…

laurence82 SG

means this is an investment scheme, which they have been denying, not some buy-products-get-rebates scheme

what you said does not answer the issue at hand

sonic_16 SG

Refer to my underline replies.

redstone SG

No investment is without its risks. When it sounds too good to be true, it probably is. And you just registered to say this? So typically MLM Laughing

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