Total Investment amount USD25,000 & GBP39,000
Products/Schemes invested in: 3 AAA Plots & 25 units of Boron
What you have been promised verbally or on paper. 12.5% on AAA annually and 12.5% on Boron per 6 months
Additional information Rachel Teo wrote we should let Profitable Group carry on with its business and stop hassling the company.
I am an investor in Hong Kong having invested GBP39,000 in 3 plots of land and USD25,000. Naturally, i am concerned about my investments. The HK office has shut down without telling us anything. No replies to messages and phone calls prior to that. If it is really a matter of cashflow, why are the Profitable group staff and directors in hiding acting like criminals? And why have so many people not been paid? A cashflow problem that last so long? What happened to the 55 million pounds they made from investors in various countries? Why carry on business if they have trouble paying their debts? Naturally I have questions.However, Profitable Group has not had the decency to get in touch. Funny how friendly they can be when they want you to invest. If you can shed light on some of my queries, I would be grateful.
BY THE WAY DOES ANYONE OTHER THAN RACHEL KNOW FOR A FACT THAT THE PHILIPPINES LAND HAS BEEN SOLD? WHERE WAS THE ANNOUNCEMENT MADE? FOR HOW MUCH? WHERE ARE THE FUNDS?
PERHAPS RACHEL COULD SHED MORE LIGHT AND WE CAN ALL TAKE THIS INTO CONSIDERATION.
I WOULD REALLY LIKE TO KNOW OF OUTCOME OF LEGAL ACTIONS LAUNCHED IN SINGAPORE IN RECENT MONTHS IF ANYONE CAN SHARE.
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Date/Time: 2010-09-13 00:17:59 PDT
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