Internet income business verification - Net Income Solutions. Is it real?

[Mathebuj]

@vanash; the forum requires people who have done this to comment on their experiences and views on the matter concerned. If u view my experience as official financial advise service to the public, then u wrong. Otherwise the originator of this topic which is a financial topic should have indicated that only accreditated financial advisers should comment. What is flawed abt my advice anyway to a friend who asks me abt how to avert risks in a scheme am participating in?

[Dave A]

I cannot tell everyone that this scheme is not a ponzi or it wont collapse tomorrow or next month as I dont work for Net Income Solutions. However, I take comfort that i know people who have been part of this since January 2012 and up to today, they still making their 50% profits every 75 days. Maybe it will collapse someday, but even if it does I wouldnt loose anything given I have withdrawn more than I put in. If you new and think of trying, you need to get over the fact of loosing your money before you cash-out your capital. The other side of the coin is obviously about what if it never crashes? You might feel that you waisted an oppotunity to make easy money. All you can do is to be cautious about how you see it and all is up to you. We humans and we view risks differently and some are scared of tking risks than others. Some people started with R4million others R1million into the scheme, while other cautious individuals only R100K and others a lot less. so its up to you....

Full of assurances.
Interestingly worded unsolicited denial.
Uses FOMO.
Escalates the numbers.
And has previously demonstrated very intelligent rationalisation on the subject.

You certainly seem to have the tools - Any chance we're communicating with the mastermind behind this little enterprise here?

[SSS100]

Hi Dave, I think I prev indicated my request to have the post blocked if its causing inconvenience or misused in anyway

[Dave A]

Therein lies your problem!! You not an accredited and regisitered financial services provider but you are giving finacial advise!! This is actually illegal!! You must be an accredited and regisitered financial service provider to advise anyone in SA on any financial matter whatsoever!!!! Let me retract that momentarily: Are you as Mathebuj an accredited and registered financial services provider???? If not why are you giving financial related advise????

So if I say "Don't do it", does that also constitute financial advice for which I'd have to be an accredited financial adviser?

[Chrisjan B]

This thread now getting very interesting...indeed!

[Dave A]

Hi Dave, I think I prev indicated my request to have the post blocked if its causing inconvenience or misused in anyway

But it's getting so interesting

More seriously, my view hasn't changed. As long as no-one starts shooting at the bathroom door, we should be fine.

[Blurock]

Am fully aware of the risks. The same way am aware of the risk of the banking indusrty collapsing one day with lots of our money. The same way am awre that even buying shares from blue chip companies might result in me loosing all of my money. I just dont think there is a risk free investment unless you keep cash in your house, oh wait, we in SA where crime is high, even that is way too risky.

There' a difference between risk and blatant racketeering. With a bank you deal with an organisation registered with the FSB. The industry is regulated and there are many checks and balances. When you buy shares in blue chip companies you at least have access to their financials, their premises their telephone numbers and a host of other information to assist you in your decision. You also know who their shareholders and directors are.

Please give me the same information on this Ponzi scheme. The me who the directors and shareholders are. Can they be held accountable? No? So how can you justify your involvement in this scheme if you know that its illegal?

Your scheme is like buying a torn condom from a sleezeball in the alley, just before visiting the brothel.

[Citizen X]

So if I say "Don't do it", does that also constitute financial advice for which I'd have to be an accredited financial adviser?

A very good afternoon Boss,
Touché…I’ve come to appreciate that when interacting with you Boss, I’m interacting with the equivalent of Plato.
Philosophically the one, advising to and the other advising not to is no better or no worse, really the same difference..I think here one has to look to The Financial Advisory and Intermediary Services Act 37 of 2002 and maybe even 1 or 2 more Acts

[Citizen X]

Hi Dave, I think I prev indicated my request to have the post blocked if its causing inconvenience or misused in anyway

But it's getting so interesting

Indeed it is Boss, indeed!!! This is unfolding rather nicely!

There' a difference between risk and blatant racketeering. With a bank you deal with an organisation registered with the FSB. The industry is regulated and there are many checks and balances. When you buy shares in blue chip companies you at least have access to their financials, their premises their telephone numbers and a host of other information to assist you in your decision. You also know who their shareholders and directors are.

How very true BLurock

Please give me the same information on this Ponzi scheme. The me who the directors and shareholders are. Can they be held accountable? No? So how can you justify your involvement in this scheme if you know that its illegal

I can’t but agree, there’s just so many question marks here!

Your scheme is like buying a torn condom from a sleezeball in the alley, just before visiting the brothel.

Now this is a metaphor that I simply have to commit to memory! I like it!

[kimzaza]

But it's getting so interesting

More seriously, my view hasn't changed. As long as no-one starts shooting at the bathroom door, we should be fine.

i agree with you dave coz as im saying i also joined this defencex and its paying me..... i would also like to share with the ppl if things don't go well in future.... so this post must not get closed

[kimzaza]

Hi Vanash,
think of it like betting on a horse race...your horse wins, you cash in..And your horse lose, you can't claim from race court owners

And, i assume its common knowledge that the higher the risk, the higher the rewerad
Hence bank rate is lower than such things as defencex...there's a lot of such internet income generation schemes around

http://defencexbeststrategy.wozaonline.co.za/products

https://www.profitablesunrise.com/?upline=netbiz

how does this profitable sunrise work?

[kimzaza]

Well I sent an email through to "HQ" with the hope that I will be helped but instead was given a name of some guy I don't know and haven't met to join under him....hmmm...why would I want to do that. I want to be my own tree and have branches from me.

why you don't want to join under someone coz its not like you heard about it from no one

[Chrisjan B]

One more indication of a possible pyramid scheme.....

Sent from my GT-I8190 using Tapatalk 2

[kimzaza]

I wonder how many of these risk takers will be so open and up front to admit when they realise that they have been scammed.

well i will be the first to tell when i am scammed.... i promise you

[kimzaza]

Good evening Boss,

It is in the public interest!I doubt however that the 22 000 visits to this thread yileded in 22000 investments into this concept. I think people are now starting to ask questions! This is a good thing. I look forward to complaints about this concept! If anyone out there has any complaints, please post them here.. I will never endorse this concept...If it works for you, that all good and well, but, should you represent to another individual that this concept will work for them and it doesn't work, it may be opening a media floodgate that you never anticipated!!!

vanash just wait and see... one year....two years...five years... we will be eating money