Network business

by **Bakash** » Sun Jun 30, 2002 12:30 am

I\'ve just heard this news from one of my friends. I don\'t even believe this but by listening the information from him I\'m just posing this to find the truth. In Vijayawada a new sort of Network business has started and the people are doing it. Some are even leaving their jobs and doing this. You\'ve to pay Rs.5000/- to the group of companies running this. In one year your amount will be returned. You\'ve to join two persons which will earn you Rs.1600/-. As the chain goes on this amount will be increasing. And I came to know that a person is earning Rs.30,000/- per month. I\'m not giving any advertisement to this business. I want you people to discuss the truth in this and share your ideas....

by **guess** » Sun Jun 30, 2002 12:30 am

may b its true....but don ever make the silly mistake of joining this and make fool out of urself....if u have the capacity to fool 2 ppl and make them join...then u will b at profit (say atleast not at loss) ....but then u`ll b one among them who will b encouraging such type of cheap tricks....so day the fellow who started the business will shut down his business and he`ll pocket all the money of the fresh entrants....though some ppl may b profited but i feel that such kind of things shud not b encouraged....(one interesting u`ll find out that the one who started the business will never b at loss....)

by **Kulcha Hyderabadi** » Sun Jun 30, 2002 12:30 am

Bakash bhai, stay away from these \"Blade Companies\" - Not a week goes by when you find smart alecs coming up with these kinda schemes. Please focus on your Vedic Math and Memorization techniques.

by **Bakash** » Sun Jun 30, 2002 12:30 am

Guess thanks for your suggestion...You\'ve told what I\'m feeling. Actually my intention is not for joining this. Just to make our friends aware of such things through this board. Thanks for your suggestion

by **Bakash** » Sun Jun 30, 2002 12:30 am

Kulcha bhai(This time I\'m very correct in your spellin :-)

thanks for your suggestion. I\'ve told my friend the same think that you\'ve mentioned here. But I don\'t understand why very big companies like ICICI are also partners in this plan. What I\'ve heard is that these companies(a group of big companies are doing this business now and not individuals) are offering 20% discount on their products to the subscribers of this plan.

by **Kulcha Hyderabadi** » Mon Jul 01, 2002 12:30 am

After what happened at Enron and Worldcom....I am even wary of big corporations....Life time savings of hundreds and thousands of people wiped off just like that and that too in a country where awareness and knowledge of share market, investments etc.is much higher than India....So be careful, when the bottom falls, ICICI, BCCI, or any big name doesnt matter.

by **Kulcha Hyderabad** » Mon Jul 01, 2002 12:30 am

Goodness me! now Xerox is coming clean! they are investigating their accounting policies...initial reports suggest that they have overstated their profits for the past three years! - With the help of clever Accountants, Corporations can make their bad balance sheets look good. Even the Annual Financial Statements can be fixed...Its a cruel world out there...I feel sorry for all those gullible investors!

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