Solomon Alliance Management

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FP_IFA

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Anyone heard of this company? I got a client who is approach by them. The company boost 12% fixed annual return on German government listed buildings.
 

stevetan2010

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what is the transaction amount?
how does the profit scheme works? can earn more?
where is it located in?
the website?
 

stevetan2010

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12% per annual not per month thus is feasible but then the website design is dubious i agree. anyway singapore to me will never make it in this area because of very lax law policies, it did not have consumer protection law to protect the innocent. thus i don't really recommend this kind of lobang to anyone. lehman, sunshine empire, gold geneva, and many others are example of how bo chap our goverment is. everything not their problem but when it impact their coffer they will then take action. as usual tell them to go through reputated investment channel or names tfhey heard of dun go for dubious lar.....

off topic as i said before if anyone invest and lost money that is his/her busines dun blame others. also highly adviceable is diy investment. go direct by buying properties or buy stock urself. no money ur problem, find ur money to play. this kind of game needs money not for chao peasant who are lazy or no money or humji but most importantly need to think out of the box of course must be on moral ground dun harm ppl in the process.
 
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Shiny Things

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Those returns are a bit too good to be true: 12% *guaranteed* on a real estate project is fairly ambitious. All their return assumptions are very enthusiastic.

A few seconds' googling shows that their Hawaii project actually exists, which is a step up from the usual rubbish you get from these sort of companies, but it's just run into a massive snag: Hawaii's Land Use Commission has just yanked the residential zoning on the development, and reverted it to agricultural zoning - which means that they can't build the condos, and if they do build the condos they can't get them certified as ready to move in.

Yeah... they seem to be trying to raise money for a development project that's already been shut down.
 

FP_IFA

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Those returns are a bit too good to be true: 12% *guaranteed* on a real estate project is fairly ambitious. All their return assumptions are very enthusiastic.

A few seconds' googling shows that their Hawaii project actually exists, which is a step up from the usual rubbish you get from these sort of companies, but it's just run into a massive snag: Hawaii's Land Use Commission has just yanked the residential zoning on the development, and reverted it to agricultural zoning - which means that they can't build the condos, and if they do build the condos they can't get them certified as ready to move in.

Yeah... they seem to be trying to raise money for a development project that's already been shut down.

Got the link. Thanks.
http://finance.groups.yahoo.com/group/RealEdge/message/18131
 

Justanotherperson

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went to the website recently after browsing this forum, it looks quite okay to me, anyone who have any updates on this company, it seems to be doing well
 
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