Currently around 10% of the fund collected every month is used
to pay the investor profit-sharing, Sunshine will take some percent
and the rest is all throw into Emcom's projects.
It still doesn't make sense. Notice if the project fails, Emcom
will still need to face future liabilities of having to payout the
monthly capital assurance.
Why not issue shares that place the risk entirely with the
investors? Why make commitments on a project that remains a
question mark? It really makes no business sense at all.
This is done by the company management.
Do they issue annual company financial reports? I am very
interested in knowing what goes into what.
The company does not only do Emcom's project, they have other
business too, therefore they are able to gurantee the capital
returns even if the Emcom's Taichung project failed.
What other businesses? If they have existing businesses that is
generating healthy profits, it should be easy to secure bank
loans.
Anyway I've worked in Indonesia and Thailand for some time, so I
can assure you that 90% of the people would not have any use for a
wireless infastructure. There are also many red-tapes, politically
and legally. Will tell you guys more later. Need to go for
presentation now.
