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Old 03-24-2008, 09:58 PM  
moeloubani
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Quote:
Originally Posted by Varius View Post
Nice way to take it out of context. What you are missing is the fee applies for every wire sent out to you. If we have 500 investors, each getting a wire every month (their interest payment), that's $15,000 in fees per month to Sky Group.

Thanks for trying though.
I'm not done yet

So 500 people @ a MINIMUM of $50k each = $25 million

Now out of that $25 million, $15000 is 0.06%.

Yes, 0.06 percent. So I'm assuming if you're paying out a 10% return you're at least making 3-5% yourself, and you can't pay a fee that would let you still make 2.94 - 4.94%?

Sounds like a scam to me! And that's assuming you make 3-5% AND assuming all 500 people pay in the MINIMUM to the fund.

Come on dude, who do you think you're kidding?
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