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11-21-2003, 04:47 AM
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#1 (permalink)
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Senior Members
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Calling All Canadian Entrepreneur's
If you are not happy with your life look at WGI.Its about online gambling,stock market,sport betting and lottery.I've been in this business for 3 months and things are picking up.I wanna share this business with you guys but first have a look.Its not for everybody.I can answer your questions and maybe even meet somewhere.I also have business partners all over Canada who can help.
Take a look. www.worldgamesclub.com/iboard
www.worldgamesinc.com
Have an outstanding and productive day!
Your partner in success!
William van Gils
Last edited by William van Gils; 11-25-2003 at 06:15 PM.
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12-03-2003, 12:51 AM
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#2 (permalink)
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Senior Members
Location: GTA, Ontario, CANADA
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I've seen this before and actually was lured into a meeting. From my perspective, it's a MLM (not that all MLMs are bad) being run by someone in Sweden with associates in South America and Middle East countries. They use credit cards in order to do "business" in the amounts of thousands of dollars.
I'm sorry, but gambling in this sense is dangerous, especially with the use of credit card to buy "stocks".
You don't have to take my opinion as I'm sure some people make big returns on it.
I'm not trying to be negative, I'm just offering my perspective. 
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12-04-2003, 12:39 AM
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#3 (permalink)
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Senior Members
Location: Alberta, Canada
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I've read through the site and am still confused with exactly how this works. Although it may be a real opportunity, at this point I'm putting it in the "Too Good To Be True" category... right next to that envelope stuffing business that I made millions on while I slept.
If you could provide some more information on how this works, that would be great.
Mike
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12-06-2003, 02:20 AM
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#4 (permalink)
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Senior Members
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You have questions?
Hi Guys,I can honestly say that I tried every networking business out there including Herbalife which you probably heard about. Unlike Herbalife we don't have any selling at all.All we have is shares,online games,lottery,and relationship marketing.You can choose any to make money,I mean residual income.Worldwide WGI has over 400 000 members in 3 years and from that it made over 1000 millionaire's. I actually had a chance to meet Mods and Gail Boone in Toronto last night and it was awesome.So far my porforlio value went from $12 000 to $26 000 in 3 months,AND the company is having a STOCK SPIT Dec 22 and we all know what that means.
Is this real money?? Well we get a DEBIT CARD,VISA LOGO,so we can withdrawl money at any ATM machine in the world and thats how we get paid,cash! Not waiting for a check in the mail.
There's more about this card @ www.pay2.net If I can do it,so can you.But if your not interested,and think its fake,thats ok.
Go start you own business.
By the way,when you read about a business promising that your going to make millions,does it tell you what your getting into???
NO,not after you pay them money and find out that you licking stamps.
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12-06-2003, 10:59 AM
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#5 (permalink)
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Senior Members
Location: Alberta, Canada
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What do you purchase shares of? Does WGI invest your money? It sounds like a great opportunity, but I'm still not sure of what is actually going on... where the money goes... who handles it... what is being purchased.
If you could shed some light on these questions, that would be great.
Mike
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12-06-2003, 11:28 AM
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#6 (permalink)
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Junior Member
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Re: You have questions?
Quote:
Originally posted by William van Gils
...AND the company is having a STOCK SPIT Dec 22 and we all know what that means....
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Stock splits do absolutely nothing. They divide the current amount of outstanding shares equally among the shareholders of record and the price per share is recalculated as such. Your percentage ownership of the company remains exactly the same. The emotional interpritation of 10 shares being worth more than 5 is what tends to create what you see above, a buzz. However realize that there's no difference between 10 shares at $2 or 5 shares at $4.
I'll not comment on the MLM since I have absolutely no experience in them.
__________________
"You cannot avoid the responsibilities of tomorrow by evading them today." - Abraham Lincoln
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12-06-2003, 03:22 PM
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#7 (permalink)
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Banned
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Sounds like pah3f83hasdf to me...
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12-06-2003, 09:11 PM
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#8 (permalink)
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Senior Members
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WGI
This is how it goes,you sign up with WGI and get a membership,this does not expire,This includes your own website and manitory stocks.Look at your stocks as a long term investment.If anyone said a stock split means only shuffling money,well look at this.Stocks are selling at $13.00 right now,so you get 15 shares,$200 worth of shares from your membership and when it spits at 20:1,thats 20x15 shares = 300 shares. @ $3.00 per share your $200 worth of stocks is now $900 and for every $1.00 dollar increase in shares you make $300.Just imagine when you have a few thousand shares before the split.There's a few ways of getting more shares,you either buy shares with your own money,like VISA,Wire Transfer OR build a team of people worldwide and earn more shares including money for working the business.Whats different with this business is that you can start earning money with only 2 people.Whenever your upline gets someone in WGI,they also go under you and you receive money from them as well.Now when someone plays the casino,you get paid and whenever someone swipes there debit card,part of that fee goes to you and back into the stock market which creates more demand.Look at the potential.It kinda overwhelming,and I suggest you talk to a friend of mine,Gale Boone.She's been with WGI since it started and she can explain better than I can.
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12-06-2003, 09:49 PM
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#9 (permalink)
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Junior Member
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Quote:
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Stocks are selling at $13.00 right now,so you get 15 shares,$200 worth of shares from your membership and when it spits at 20:1,thats 20x15 shares = 300 shares. @ $3.00 per share your $200 worth of stocks is now $900 and for every $1.00 dollar increase in shares you make $300.
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Let me address this as to expel some false beliefs regarding investment and stock splits.
When a stock "splits" what really happens is the outstanding shares of a corporation change into a larger number, typically represented as a ratio to the current amount of outstanding shares. Ex: 2:1, 3:2, or 20:1 as mentioned above. Now there are such things as reverse splits but if you follow what I mention, the same rational applies. Let us say that we have a company, named Barry's Bait & Tackle. Now Barry's Bait & Tackle currently has 100 outstanding shares, which through undoubted luck you happen to own 10. Barry's Bait & Tackle is currently quoted at $15.00 per share, giving you a current valuation of $150.00 and the entire company a selling price of $1,500.00.
Now here comes the split. Barry's decides to "advertise" its stock to potential investors by performing a stock split. It realizes that unsophisticated investors find splits alluring due to their emotional draw perceived by a fallacious increase in shareholder asset. So, Barry's outstanding stock doubles to 200 hundred shares in a 2:1 (also called 2-for-1) and you now are a proud owner of 20 shares. The company must allow its shareholders to maintain the exact ratio of ownership after a split. Also, the company must still be valuated at $1,500.00. Because of the split, each share must sell for half its former value ($1,500/200 outstanding shares = $7.5 a share). Your 20 shares are still redeemable for a current value of $150.
The reason this is done is to draw in capital. Many amateur investors believe that a cheaper stock is a better buy because they receive more "shares" under the illusion that a share is a tangible thing. A share represents ownership of an underlying asset; in this discussion it represents a corporation. The thought that a split will entice new individuals to invest poses an interesting question. Should you base investment decision on the assumed predictability of another's actions? I have to say no, and by doing so you are participating in pure speculative interests.
__________________
"You cannot avoid the responsibilities of tomorrow by evading them today." - Abraham Lincoln
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12-06-2003, 10:04 PM
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#10 (permalink)
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Senior Members
Location: GTA, Ontario, CANADA
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For the financial and investing illiterate people, this is a great vehicle to do...absolutely nothing. Because no knowledge is gained, and there's no lessons to be learned here - well, until you find out that it *might* be a scam. Of course. That's all pure speculative until it happens.
Now this is just my opinion and everyone has the right to disagree with it. I feel that there's no knowledge to be gained here and the amount of information is rather vague as the "stocks" that are being bought are also rather vague. As I understand it, there real trading goes on the NYSE, TSE, NIKKEI, etc.. Do any of these stocks get trading on any of the international floors?
I know I'm still a newbie to the investment game, but I've also taken the time in the past several months to start my education. From the meeting that I've observed, there seemed to be a lot of pushy and "shady" characters involved in this venture - I could see it in their faces and can discern this as I have met many people through business interactions.
My own recommendation is to steer clear of this venture as my gut-instinct smells "bad news".
One quote to leave with you - "If you make it fast, you lose it fast. There's a gestation period to every business."
Last edited by focusben; 12-06-2003 at 10:06 PM.
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12-06-2003, 10:50 PM
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#11 (permalink)
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Senior Members
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WGI
Just a reminder,WGI's stocks after the split won't open at $1.00.They said $3.00.Its a private stock game and tradional rules don't apply.Lets see for a sec people.I'm an independent member of WGI which means I invested my own money and got a membership package just like my upline did and I'm making money,my best friend is earning $1300 a week,without his stocks.
There's more ways of making money than just stocks in this business.Sometime this January WGI is going to be on the London stock exchange but I'm sure thats a scam too.
Last edited by William van Gils; 12-06-2003 at 10:53 PM.
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