SGF-H

Posted: Thu Oct 12, 2006 6:58 pm

The entire Udachu Club is looking to get rid of excess baggage right now. There are many investors that are more work than it is worth to profit form their deposits.

I do not agree that charging for a referral is fair though. The high minimums will automatically screen out the real players and the riff-raff.

Investor Joined: 21 Sep 2006 Posts: 160

Isn't it a shame, open at 100$ to get huge free advertising, then complaining about excess baggages Rolling Eyes

Newbie Joined: 20 Sep 2006 Posts: 43

Gray Eminence wrote:

Isn't it a shame, open at 100$ to get huge free advertising, then complaining about excess baggages Rolling Eyes

Gray Eminence,

Lol...I was reading this and had to laugh. Funny and so very true. Laughing

Posted: Sat Oct 14, 2006 11:39 am

Gray Eminence wrote:

Isn't it a shame, open at 100$ to get huge free advertising, then complaining about excess baggages Rolling Eyes

The original intent was to allow new investors a chance to test the system and then come up to the required minimum. This was one fo the first programs to allow a monthly deposit to allow members to achieve the 500 - 1000 min. And while all are enjoying the benefits of the program, several did not keep their end of the bargain by bringing their deposits to the required minimum.

My excerpt was taken the wrong way, the above should shed more light.

Posted: Sat Oct 14, 2006 11:41 am

lovelydi21 wrote:

Gray Eminence wrote:

Isn't it a shame, open at 100$ to get huge free advertising, then complaining about excess baggages Rolling Eyes

Gray Eminence,

Lol...I was reading this and had to laugh. Funny and so very true. Laughing

Eveyone was made aware (I certainly was) that we were expected to increase our deposits to the program min. The referral earnings were supposed to help investors get there faster.

Investor Joined: 21 Sep 2006 Posts: 160

Every reader of this forum know my feeling about the Udachu Group. Now with this story and the re opening of the previous super closed offers (there was already a backdoor for the well informed people in fact), my first opinion is stronger : not for me

Investor Joined: 21 Sep 2006 Posts: 160

levaz wrote:

Gray Eminence wrote:

Isn't it a shame, open at 100$ to get huge free advertising, then complaining about excess baggages Rolling Eyes

The original intent was to allow new investors a chance to test the system and then come up to the required minimum. This was one fo the first programs to allow a monthly deposit to allow members to achieve the 500 - 1000 min. And while all are enjoying the benefits of the program, several did not keep their end of the bargain by bringing their deposits to the required minimum.

My excerpt was taken the wrong way, the above should shed more light.

I read well the different sites when I was reviewing them, and indeed it was one of the condition of the low minimum

BUT it was nor clearly stated on the site, nor explained on the forum nor advertised by the referral hunters

Posted: Sat Oct 14, 2006 12:12 pm

Gray Eminence wrote:

I read well the different sites when I was reviewing them, and indeed it was one of the condition of the low minimum

BUT it was nor clearly stated on the site, nor explained on the forum nor advertised by the referral hunters

Agreed, it was not a very noticable feature. But each member that signed up for the monthly payment plan was made aware of their obligations.

This is a major problem with referrals - most are too crazed to build a downline. I like the fact that all referral earnings have now been eliminated. One of the reasons I avoid programs, good ones sometimes. It is difficult to get proper information when referrals commissions come into play.

Levaz

Newbie Joined: 20 Sep 2006 Posts: 43

Levaz,

I am somewhat confused. I came in at the $250 minimum. Does that mean at some point I have to deposit more to get to as you stated a $500-$1000 minimum? Please advice. Thanks.

Posted: Sat Oct 14, 2006 9:00 pm

lovelydi21 wrote:

Levaz,

I am somewhat confused. I came in at the $250 minimum. Does that mean at some point I have to deposit more to get to as you stated a $500-$1000 minimum? Please advice. Thanks.

The post started with members wanting to get in on Uadchu Fund but not having enough for the 5K min, which was then reduced to 500 to allow membes to put 50 a month for 10 months until they achieved the 500. Then the min was raised to 1K with no option of payment plan. It was not increased to the initial 5K.

IMO, the accounts affected will be those that have not kept their end of the bargain. It doe not affect anyone that has met the min. requirement at the time of signing up!

Levaz

Newbie Joined: 20 Sep 2006 Posts: 43

ok understood. Ijust wanted to know if I was alright Very Happy

Posted: Sat Oct 14, 2006 9:21 pm

lovelydi21 wrote:

ok understood. Ijust wanted to know if I was alright Very Happy

Have you not invested in UF and UI as yet? The 250 is for SGF-H, is it not?

Once you are a member of UF, you can gain access to their forum and get all the latest (and confusing, sometimes, information).

Please see the Udachu Folder that has been removed from the private folders section for the time being.

Levaz

Newbie Joined: 20 Sep 2006 Posts: 43

levaz wrote:

lovelydi21 wrote:

ok understood. Ijust wanted to know if I was alright Very Happy

Have you not invested in UF and UI as yet? The 250 is for SGF-H, is it not?

Once you are a member of UF, you can gain access to their forum and get all the latest (and confusing, sometimes, information).

Please see the Udachu Folder that has been removed from the private folders section for the time being.

Levaz

I have visited their forum but not lately. I will have to get there are read more. I have not invested in UF or UI as of yet. I would like to invest in UI and securing funds to do. I realize thate they are open only for a limited time. Will do my best to get there before they close permanently Wink

Posted: Mon Oct 30, 2006 7:45 pm

Just to let all members know - You need to either cancel your account or sign up for a Cell account (or provide your own IBC) to maintain your account.

This applies to all UF, UI and SGF-H members.

There are some script issues, but all responses are to be manually verified, and reconfirmed with each member.

The deadline is December 1st, 2006. Members should note that there is an announcement due on Nov. 6th 2006.

Posted: Tue Oct 31, 2006 8:18 am

Quote:

You need to either cancel your account or sign up for a Cell account

Hi Levaz...what is a Cell account?

cheers, Motu

Posted: Tue Oct 31, 2006 12:19 pm

motu wrote:

Quote:

You need to either cancel your account or sign up for a Cell account

Hi Levaz...what is a Cell account?
cheers, Motu

In simple terms a cell account is a shareholding IBC. Each company may be allocated 200 - 300 members that will hold an interest in that company until they see it fit to bear the cost of having their own IBC. The essential difference being cost. Udachu is bearing the cost of set up and the first years fees. Thereafter, it will cost each member $12 to maintain the account. The cost of setting up a proper IBC with all legal angles is in the range of $1500 - 5000 depending on the type of setup.

Specifically, in the case of Udachu, they are trying to help out the smaller members isolate personal ties with their funds by allocating shares in an existing IBC. The value of the shares will be the value of your deposits with the various Udachu programs. As it stands, no personal funds willbe invested in Udachu, only offshore based corporate funds.

Levaz

Newbie Joined: 22 Sep 2006 Posts: 17 Location: Thailand

May I ask your opinion.. Do you think of continuing or going out? and what make you think that?

I'm still not sure whether these change of UF or SGF-H is upside or downside for investor..

Thank you for any comment..

Newbie Joined: 20 Sep 2006 Posts: 43

I have searched the Udachu forum, and I simply cannot find anwhere where one can request a refund. Does anyone know where I woul find this information?

Posted: Tue Oct 31, 2006 4:59 pm

Fedass wrote:

May I ask your opinion.. Do you think of continuing or going out? and what make you think that?
I'm still not sure whether these change of UF or SGF-H is upside or downside for investor..
Thank you for any comment..

I applied for a cell account the first day it was available. My personal belief is that Udachu is there for the long run. They are the first to take active measures to counter potential problems to their members.

I do not know Rod or any of the program admins personally, but I believe that day is not too far off for me.

Bottom line, if you feel the slightest bit uncomfortable with what is going on, then retrieve your funds and put it where you are comfortable. Do not make a decision based on others. I am willing to risk my funds in all three programs, are you?

Levaz

Posted: Tue Oct 31, 2006 5:01 pm

lovelydi21 wrote:

I have searched the Udachu forum, and I simply cannot find anwhere where one can request a refund. Does anyone know where I woul find this information?

Log onto the SGF-G or UI websites and you will be presented with (2) options, either to cancel you account or keep your account. If you choose to keep you account, you then have two more choices - let Udachu create and IBC cell for you or you can provide your own IBC details if you have one already.

Remember that you cannot use the cell account for any non-Udachu programs.

Levaz

Newbie Joined: 20 Sep 2006 Posts: 43

levaz wrote:

lovelydi21 wrote:

I have searched the Udachu forum, and I simply cannot find anwhere where one can request a refund. Does anyone know where I woul find this information?

Log onto the SGF-G or UI websites and you will be presented with (2) options, either to cancel you account or keep your account. If you choose to keep you account, you then have two more choices - let Udachu create and IBC cell for you or you can provide your own IBC details if you have one already.

Remember that you cannot use the cell account for any non-Udachu programs.

Levaz

Thanks Levaz. It appears the site was down for the moment as I was not able to access it before.

Posted: Tue Oct 31, 2006 5:09 pm

lovelydi21 wrote:

Thanks Levaz. It appears the site was down for the moment as I was not able to access it before.

They are under going some heavy duty maintenance and upgrades. They are catering to a security breach at one of the site in the recent past, and ensuring that the same will not ever be repeated.

Levaz

Newbie Joined: 22 Sep 2006 Posts: 17 Location: Thailand

Thank you so much for your flashy reply..

Actually, I still have good feeling with them but because I have not clear understanding what's happen to be in the future made me a bit concern.. However, the way they show their responsibility impress me quite well even I do not know exactly what it is..

But your comment help me less concern of that issue.. At least, I know that there's someone experienced see the probability of profit... not just thinking only with myself. Smile

Newbie Joined: 17 Oct 2006 Posts: 13 Location: UK

Levaz, I intend joining before 5th Nov with the $1kUS minimum. Could you please send required referral code, thanks.

Posted: Wed Nov 01, 2006 12:57 am

drogbar wrote:

Levaz, I intend joining before 5th Nov with the $1kUS minimum. Could you please send required referral code, thanks.

The websites are down until the next announcement which is due on the 6th.
Which program do you want to join - UF, UI or SGF-H? I can then ask if there is way for you to get in before the next min. sign up hike

Levaz