Friday, October 26, 2007

Can The Empire Strikes Back?

I talked about this company known as Sunshine Empire previously in my blog. For a recap, Sunshine Empire (located at Toa Poyoh Hub) invites investors to buy their investment scheme promising exceptionally high returns. You join them by buying a "partnership" status and three are 3 types - Gold, Silver and Bronze Partnership. I don't really know the exact investment amount but I heard from my subordinates that it cost more than $10,000 a unit for Gold Partnership. And also the unit price can appreciate.

Anyway, this Sunshine Empire's scheme is hot at my work place and a few chaps even resigned and become "financially free" after investing in Sunshine Empire. One of them threw in huge amount of retirement savings. And other chap tried to talk to me on this scheme but I was never interested. I never invest in anything that I don't understand. To understand means that I know and have confidence about the business or trade. I am able to conduct due diligence independently and sufficiently. I am certain that the investment is genuine, legal and meet my needs so on and so forth. For Sunshine Empire, I was interested to dig out more information from those who joined. So this guy (let's call him Mr. S) had probably misconstrued that I might be interested in the investment. And if I join and become his "downline", he will be awarded with certain profit out of my investment amount.

This afternoon while having lunch with a colleague, an uncle approached me to give me a quick update on Sunshine Empire. According to him, the Empire appears on the paper and seems that MAS is watching it closely, or something like that. Unfortunately, he doesn't know the whole story. After my lunch, I went to canteen again to buy a cup of coffee (feeling sleepy). And I bump into Mr. S again. He is more aggressive now and paid for my coffee while the coffee girl was pouring it for me. I rejected his offer immediately telling him that I'll never accept "coffee" from any subordinate. That's my principal. Then Mr. S asked if we could meet some other time outside. I asked him where to and what for? He replied that he has no ill motive and perhaps...KTV.

Apparently, Mr. S had made three big mistakes. Firstly, I wasn't interested in the scheme; I am only interested in revealing the truth. Secondly, I am always informative and knew that this scheme appeared on the paper recently. Thirdly, he seriously under estimate my investment knoweldge and integrity.

Right here I will not jump to conclusion. We will see if the Empire is able to strike back and prove to its investors that it is serious about business. Frankly speaking, I really hope that it is genuine otherwise...... In case you missed this article, I found it on the net and paste below for your reading pleasure.









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