Thread: Cfundin - investrealprojects - Uinvest reborn - crowdfunding and cocoa beans fraud

Originally Posted by cfund

I got your point you just want bring us to the boil. You want insult us, and nerve us

They are blind they never would understand when a real business unfold all cards for the public and also make a nice return.

Now Now I don't want you to think I am just picking on you, I have moucho contempto for a lot of crap offered to the public with some variation of what you just bleated.

Originally Posted by Market! Market!

Wow! Well said. I learned something new today.

I cut and pasted that quote so can't take credit for the wording, but the thinking is spot on IMO.

Originally Posted by Market! Market!

Makes perfect sense.
Why not market it to institutions? They have more money.
Simple! Institutions will do due diligence and will know that it is a SCAM.
If it is not a scam but a sure way to make money, why aren't bank managers or fund managers jumping in on this?
Do you think people who work in financial institutions are stupid not to realize it's the real thing?
Do you people who work in financial institutions won't invest if they know it will surely make them richer?
Scammers know it is much much harder to fool institutions.

This is spot on, and I know TEDY and Cfundin don't like talking about the stock market, but Initial Public Offering (IPO) Definition | Investopedia are a perfect example of this. Almost always the good ones are snapped up by the big institutions before they begin trading and the dogs are offered to the public on an all you can eat basis. Even after companies come public something on the order of 3 out of 4 end up trading below their offer price. The public many times is nothing more than a source of funds to get the big boys out.

You might find quick enjoyable read. Even when things are on the "up and up" the institutions have made big business extracting money and offering little in return. I also believe broad based indexing is a perfect way to minimize the risk of fall prey to crooked dealing.

Fool.com: 60-Second Guide to Index Investing

Everybody loves the pretend Cashew trade, and all the real businesses get advertised on MMG.


Cristiul

post Yesterday, 05:33 AM
Post #10


MMG Member
**********

Group: Member
Posts: 506
Joined: 10-November 07
Member No.: 124,700




This bussiness has allready pass the verification process.
Here is a piece of information that demonstrates that such profits can be made.

Article of the week :
” PART 3 (SAMPLES AND QUOTATIONS)
CHAPTER 1
SAMPLE OF QUOTATION FOR CASHEW NUTS (FROM KWARA STATE DELIVERED TO LAGOS)
QUANTITY SUPPLIED 30 TONS
1. CASHEW NUTS @N80, 000/TON: 80,000 X 30 TONS.……………….………….. 2,400.000
2. BAGS (JUTE) @ N350/BAG X 13= N4500/TON: 4500 X 30 …………………. 136,500
3. LOADING @ N50/BAG X 13 = N650/TON: 650 X 30 ……………………………… 19,500
4. LABOUR: (sewing, grading etc) ……………………………………………………………. 10,000
5. PAPERS (from the point of procurement include; association paper… 30,000
Way bill, gate pass, produce fee etc.
6. PRODUCE FEE @ OGERE, OGUN STATE & BERGER, LAGOS STATE …………… 20,000
7. TRANSPORT (from kwara to Lagos) ………………………………………………………… 150,000
TOTAL …………….. 2,763,000
TOTAL COST OF A TRAILER LOAD (30 TONS) OF CASHEW NUTS IS TWO MILILION, SEVEN HUNDRED AND SIXTY THREE THOUSAND NAIRA.
Thus the final price per ton will be: 2,763,000 divided by 30 tons = N92, 100 (NINETY TWO THOUSAND AND ONE HUNDRED NAIRA).
Note that the actual price of cashew nuts per ton is now N92,100. It is now left for you to fix a suitable price for your consignment bearing in mind the actual cost of cashew nuts which is now N92,100 (ninety two thousand, one hundred naira).
The profit margin when selling locally is not really attractive due to the competition,
but the turnover is quite good. No matter the quantity you want to supply, buyers are always willing to purchase and pay you as soon as possible. There is always a standby buyer wishing to buy as many quantity you can supply at every point in time.
There are local buyers/exporters that can buy up to 30 trailers in a day as long as you have goods to supply.
They don’t owe suppliers money.
It is advisable to fix your profit margin between 8–15% when selling locally. (20% may be possible though but it is rare,most likely if you are supplying an individual who has an export contract
or a private firm but definitely not those indian buying companies in lagos).
let’s assume your profit marin is 10%, your sales price will be N101.310…. (9,210 + 92,100 =N101.310).
Hence profit margin on a ton will be selling price subtracted by actual cost price: 101,310 – 92,100 = N9,210 Thus profit on a trailer load of cashew nuts (3o tons) will be 9210 x 30 = N276,300
Thus on a two million seven hundred and sixty three thousand investment, you will make two
hundred and seventy six thousand returns which is approximately 10% of your initial investment.
Now let’s assume you are supplying only twice a week, you will be making 276,300 x 2 = N552,600 (five hundred and fifty two thousand, six hundred naira) every week (supplying twice a week may not be possible for every seller,
it depends on the supply capabilty of your source and also the availability of capital/fund).
Please note that the above quotation reflects the real cost of a transaction prepared by the author for a client at a particular time. The quotation was based on local transaction for a client from kwara state to buyer’s warehouse in Lagos.
The price of cashew nuts fluctuates almost on weekly basis, so the price of N80, 000 quoted may not be applicable or obtainable always. Price of cashew nuts fluctuated between N68, 000 – N90,000 this 2012 season. Also note that whenever the price of nuts rises, the selling price also rises accordingly.
Also note that cost of transportation, produce fee @ ogere and berger can be negotiated. you may get a better bargain from transporters.. N80,000 naira – N100,000 cost could be achieved from ilorin to lagos.
some truck drivers also know how to avoid the fee colectors @ ogere and berger therefore you may end up not paying but you will have to settle the drivers. you also need an escort (not an officer)
to follow the truck if you cant travel with the truck. they are usually paid between N5,000 – N10,000.”

Board Message

For all morons like you ribshaw info from other business magazine from Nigeria . How profitable is business cocoa trading

HOW TO MAKE HUGE PROFIT SUPPLYING COCOA BEANS TO LOCAL INDUSTRIES IN NIGERIA.

HOW TO MAKE HUGE PROFIT SUPPLYING COCOA BEANS TO LOCAL INDUSTRIES IN NIGERIA.

Providing employment for a large section of the population, agriculture remains a major source of economic activity in Nigeria. Nigeria produced 242 000 tonnes of cocoa in 2008. The National Cocoa Development Committee (NCDC), made up of the 14 cocoa producing states in the country, has distributed new high yield cocoa seedlings to cocoa farmers, and continues to allow the purchase of chemicals and inputs at 50% subsidy.

Cocoa ( Theobroma cacao L. ) is a native of Amazon region of South America. The bulk of it is produced in the tropical areas of the African continent. There are over 20 species in the genus but the cocoa tree Theobroma cacao is the only one cultivated widely.

Cocoa is the second major non-oil foreign exchange earner in Nigeria after leather. It is produced in fourteen {14} states of the federation namely Ondo,Cross River, Oyo, Osun, Ekiti, Ogun, Edo, Kogi, Akwa Ibom, Delta, Abia, Kwara, Ebonyi and Rivers with an annual production rate of 400,000 metric tons {MT}

Over 98% of the product is exported and it's provides means of livelihood and employment to over five million {5,000,000} people.

In the year 2005 alone, export revenue from the sales of cocoa amounted to US $ 136.7 Million with Netherland, UK, France, Germany, Spain, Italy, USA and Japan being the major export destination. Other emerging markets include China and India.

Foraminifera Market Research through this feasibility report seeks to expose the investment opportunity in the local trading of cocoa beans seed to local industries.

Cocoa beans is one of those commodity that the price is regulated and because of the numerous uses of cocoa seed and the high demand for the processed seed, the demand for cocoa seeds far outstrips supply.

This gap and the fact that the ex-Lagos price is usually at 80 pounds less the international price gives an opportunity for interested investors to go into the production of the product or simply trade the commodity.

The return on investment on the trading of cocoa beans seed is estimated between 10%- 15%.

Originally Posted by Formafera via TEDY

The return on investment on the trading of cocoa beans seed is estimated between 10%- 15%.

Which is how we know your fake website offering 50% to 60% ROI by dealing in cacao beans is a ponzi fraud.

Originally Posted by TEDY

For all morons like you ribshaw info from other business magazine from Nigeria .

You mean the site using a service to hide their identity? You want to send your investment money to ghosts be my guest!


This site is using an anonymous service - which prevents us from identifying the site owner. This can sometimes be just so that the owner does not receive spam, but be aware that many scam sites use this as a method to hide their identify. If this is an ecommerce site - we would suggest you confirm the business address with the website owners.

is foramfera.com a scam or legit | foramfera.com trust reviews |check foramfera.com for fraud and risk | is foramfera.com safe or fake

Originally Posted by TEDY

For all morons like you ribshaw info from other business magazine from Nigeria .

Morons like ribshaw would go for the processed teak at 20-30% profit. How do I know its true, why it's on a website of course. BRB after I find my checkbook and pawn the flatware.

PROCESSED TEAK WOOD EXPORT IN NIGERIA: HOW VIABLE?

Processed Teak beats shitty cocoa Ponzi.jpg

Originally Posted by TEDY

How profitable is business cocoa trading

This guy is potting a plant at the onset of the video, and it says 15% no risk. I thought you of all pimps would enjoy the commodity irony.

Originally Posted by TEDY

For all morons like you ribshaw info from other business magazine from Nigeria . How profitable is business cocoa trading

DADY, I was hoping you could explain something to me from this article.


What happens in the real world to someone on the cocoa supply chain that sells forward in anticipation of delivery that never comes?

TIA, I know you love answering questions.

http://www.ft.com/cms/s/0/2eee8b2e-f...#ixzz3b1LIA11Z

"Ghana pledges its crops ahead of the harvest in the form of “forward selling” to traders and cocoa merchants. But the surprise shortfall has meant that cocoa has not been delivered to the buyers expecting shipments since the start of the year.

“[Ghana] had oversold by 200,000 tonnes. That is a lot of cocoa,” says one leading international trader. “Nobody knows who will be getting the cocoa,” he adds. Analysts forecast that the crop could be the lowest since 2009.

Originally Posted by ribshaw

DADY, I was hoping you could explain something to me from this article.


What happens in the real world to someone on the cocoa supply chain that sells forward in anticipation of delivery that never comes?

TIA, I know you love answering questions.

http://www.ft.com/cms/s/0/2eee8b2e-f...#ixzz3b1LIA11Z

"Ghana pledges its crops ahead of the harvest in the form of “forward selling” to traders and cocoa merchants. But the surprise shortfall has meant that cocoa has not been delivered to the buyers expecting shipments since the start of the year.

“[Ghana] had oversold by 200,000 tonnes. That is a lot of cocoa,” says one leading international trader. “Nobody knows who will be getting the cocoa,” he adds. Analysts forecast that the crop could be the lowest since 2009.

But, but, but...this cannot be a Ponzi because TEDY told us so.

ribshaw and tell me what info you have from this articles now ? How does this relate to work local agent in Nigeria ??? As always no sense info from you. Where is Ghana and where is Nigeria ? In one of Nigeria have different climatic conditions
the other in the south and the other in the north and you're suggesting that we should look at the data from another country?

Originally Posted by TEDY

ribshaw and tell me what info you have from this articles now ? How does this relate to work local agent in Nigeria ??? As always no sense info from you. Where is Ghana and where is Nigeria ? In one of Nigeria have different climatic conditions
the other in the south and the other in the north and you're suggesting that we should look at the data from another country?

No cocoa like substance for brains I am asking you to answer a business question.


Your punishment for insolence one video.



Nicholas Greenburg 2 years ago Reloading scam - Wikipedia, the free encyclopedia
Are you a victim of a scam?
We specialize in helping people who have been victimized, defrauded, and scammed try to recover their losses. We would like to bring awareness that we are available and ready to help. Watch the video on our Home page to get an idea of what we do.

Notice the reload scammer posting a message on a video, these people will tell you they can get your money back for a fee. In this case after TEDY's cocoa project crashes and money is lost, someone maybe even TEDY himself will call and claim to be a super secret investigator that has located your money, just need a little cash to free up the funds first.

Originally Posted by TEDY RUXPONZ

ribshaw As always no sense info from you.

you're suggesting that we should look at the data from another country?

Yes, after this brief video break.



Happening right now in the real world and a reason why 5% monthly returns are the stuff of Ponzi fantasy.


"It is unclear which part of the supply chain will bear the extra costs incurred, but rather than the costs being passed on to the Ghanaian cocoa authority, the ultimate seller, “the industry are going to bear it,” said one European cocoa trader.

If that is the case, it will be a blow for cocoa trading companies whose margins for buying and selling cocoa are wafer thin, said analysts." http://www.ft.com/cms/s/0/2858f4ce-1...#axzz3cwesdsqd




Tedys world.jpg

Originally Posted by TEDY

For all morons like you ribshaw

How does this relate to work local agent in Nigeria

Where is Ghana and where is Nigeria ?

In one of Nigeria have different climatic conditions

As always no sense info from you.

Checking my globe, can you point me to the second Nigeria where all the good stuff is happening?


Despite ambitious plans to double production this year, Nigeria’s 2014/15 cocoa season has suffered from adverse weather, outbreak s of disease and the knock-on effects of currency depreciation.
Heavy rains in August and September drove a n outbreak of black pod disease which is believed to have caused a slump in production in December (the peak period) in the southwest region, which
accounts for two thirds of output. This has been exacerbated by the depreciating Naira, which has eaten into traders’ margins, reducing the incentive to source more beans for exports.
Finally, harsh Harmattan winds and the lack of rain in January/February are expected tohave a negative impact on the mid-crop (April -June). As a result, we expect that
output will be flat at 250,000 MT in 2014/15, ensuring Nigeria’s retains its position as Africa’s third largest cocoa producer.

http://www.ecobank.com/upload/201503...MuBJ5zzSFJ.pdf

A prolonged dry spell in Nigeria’s main cocoa-growing areas has caused a poor yield in the country’s midcrop, with most of the beans below the exportable weight, farmers and traders said.
Most such beans are not exportable as they are too flat and will surely disappear in grinding,”

Nigeria

Raw cashew nut prices hit all-time high by crossing Rs 100 per kg mark ~ Cashew market: Daily news updates

Cashew prices = 100 rs = about 1.6 US cents or 1.4 Euro cent per Kilo. supermarket prices in europe are about 24 euro ( correction 12 euro) a Kilo so someone is making a markup. CORRECTION
Supermarket Own Brand Guide - Search Product Database
LIDL is a discount supermarket but have £1.79 which is about 2,225 niara or $11.20 a kilo

But the country producing it or the farmers there are still getting about a dollar and a half a kilo.

1.5 Euro is about 335 Niara per kilo or 335,000 per ton of course Im quoting the prices for markets in India.

Recently the price jumped from 45 to 130 Niara a kilo
Price of Nigerian cashew nuts jumps up 188% in international market - Vanguard News

None of this changes ribshaws argument as top local prices and markups.
Of course someone on the futures market would have made a killing if they went long on Nigerian cashews. the only reason they might invest in actual farm production is if they actually care about the local farmer. If it is just about money they don't have to go near the place at all and just take an option on the future price. why would anyone invest in a local company just for profit if they can get 188% on the international market? that said many safe option investors would steer a mile clear of such a volatile commodity.

Originally Posted by Beacon

Of course someone on the futures market would have made a killing if they went long on Nigerian cashews. the only reason they might invest in actual farm production is if they actually care about the local farmer. If it is just about money they don't have to go near the place at all and just take an option on the future price. why would anyone invest in a local company just for profit if they can get 188% on the international market?

I'm with you, there are so many holes and pitfalls in this cocoa trading story it's ludicrous.

There was a guy I always sort of liked as far as gurus go named Ken Roberts. For years he hucked a course known as "The Worlds Most Powerful Money Manual" based on commodity trading.

The eventual legislative action predictable, the disclosures that must be made on "paper trading" versus "real world" are akin to TEDY's tale of 5% monthly in the physical market.

https://www.ftc.gov/sites/default/fi...edwarrendo.pdf

Anecdotally I have read comments from futures brokers that have indicated they never had a client that consistently made money. Even worse than the odds of a coin toss would suggest. Since futures trading is a zero sum game less the costs to trade, for anyone that made a killing in cashews or cocoa there are a someone(s) who lost an equal amount. Conversely for everyone that recently took a bath in coffee, others profited a corresponding amount on the fall. The use of leverage magnifies things both ways. No need to swat flies on the farm when an air conditioned office pays the skilled trader.

Even if I took TEDY and CO. seriously, a big leap, there is no way of knowing if he is a skilled trader or just lucky. I have never seen a convincing method for accurately extrapolating past success in any market into future returns. Victor Niederhoffer The Blow-Up Artist - The New Yorker a classic example of how a bad day at the office and leverage can lay waste to years of outsized returns.

Originally Posted by Beacon

that said many safe option investors would steer a mile clear of such a volatile commodity.

This is my preferred approach. I would rather sell options to the speculators, but an occasional purchase where risk is capped no matter the outcome spices things up. Never though would I be mailing my money to anyone promising to do great things with it. Even the white glove firms find a way to defy the odds. How Investors Lose 89 Percent of Gains from Futures Funds - Bloomberg Business

Invest Real Projects thread on the MMG HYIP ponzi forum

I really thought they were onto something a Facebook page with 2252 likes and one visit, me I suppose.


2000 Likes 1 visit.JPG


This official looking thing with the fancy seal any mother would be happy to put on the icebox with those cute magnet letters.

Something for mom to put in the icebox.JPG

https://www.facebook.com/investrealprojects

Wait, 2000 farmers they are dealing with, and I thought those might have been paid likes, now I see the vision.

His room fan sounds like a Cessna warming up at the end of the runway.

Damn, just about the time when I wanted to invest

IRP_canceled_cocoa.jpg

Originally Posted by NikSam

Damn, just about the time when I wanted to invest


IRP_canceled_cocoa.jpg

You know what those Nigerian cocoa bean growers say:

"You snooze, you lose"

Almost a year passed.
So, where the hell all those "serious business people" gone now?

investrealprojects.com - GONE
dcashproject.com - GONE
cfundin.com - GONE
samsbid.com - GONE
wetradenet.com - NO TRAFFIC AT ALL

:)

You missed the most important question of all:

WHERE'S TEDY ???

Originally Posted by littleroundman

You missed the most important question of all:

WHERE'S TEDY ???

I think he might be hanging out at another crowdscamming site - cecvn.com - the one he tried to pimp here as some SERIOUS biz :)