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How true is FEP??
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QW25091985
#21 Posted : Wednesday, June 13, 2012 9:15:15 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
butterflyke wrote:
Could anyone who attended the event on 10th june share their thoughts?



after reading this

Quote:
A] You will note that Fountain Bank Limited[FBL] is yet to be licensed, to be licensed by August 2012. How do they accept deposits on the assumption that they will be licensed? What happens to the funds if they fail to be licensed?
B] Companies involved. There is FBL, then FEP Sacco Society Limited[FSSL], Fountain Holding Limited[FHL]and Georgia Investments Limited[GIL]
C] 'By investing in Fep-Group, you will become a founder owner of 13 Companies, 2 Clubs, and 1 Foundation.' never heared of any of these companies, have you?
D] Why is the Bank account under the name: Georgia Investments Limited and not FEP Holdings Limited?


you still want to know more about this sham of a company?
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butterflyke
#22 Posted : Wednesday, June 13, 2012 9:49:44 PM
Rank: Elder

Joined: 5/1/2010
Posts: 3,024
Location: Hapa
shockingly, yes. I would like to read other opinions, whether concurring or differing.
Float like a butterfly, sting like a bee. - Muhammad Ali🐝
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QW25091985
#23 Posted : Wednesday, June 13, 2012 10:22:58 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
butterflyke wrote:
shockingly, yes. I would like to read other opinions, whether concurring or differing.


this is the kind of attitude that led to so many people to loose their cash in ponzi schemes. because they are trying to justify a sham investment company because the returns are 'sweet'.
but who am i to judge ? lol
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limanika
#24 Posted : Wednesday, June 13, 2012 11:15:58 PM
Rank: Veteran

Joined: 9/21/2011
Posts: 2,032
With all due respect, I think FEP has made a fundamental mistake to promise quite unrealistic returns within a very short timeframe. But maybe this was necessary for them to attract a certain segment of the market. What if the investment does not materialise? Is there risk of catastrophic failure, director flight or bankruptcy? I would ask myself such questions before investing in FEP
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BGL
#25 Posted : Thursday, June 14, 2012 1:08:28 AM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
limanika wrote:
With all due respect, I think FEP has made a fundamental mistake to promise quite unrealistic returns within a very short timeframe. But maybe this was necessary for them to attract a certain segment of the market. What if the investment does not materialise? Is there risk of catastrophic failure, director flight or bankruptcy? I would ask myself such questions before investing in FEP



Talking big in FEP is the creed though irritating. However @ if you are sitting on the fence and calling everything a scam then you need a brain scan. How can SIC,FEP,MURAMATI etc etc all be scams.

Sample what Livo had to say about FEP .....

livo wrote:
Am a part of FEP & i can assure you these are the secrets the "few" wealthy Kenyans cannot share with us but now we know. The returns make sense to me because i have read & understood how to be wealthy & not in a few million shillings but in dollars $$$ & if you are working hard to be a rich, you will only be a millionaire but when you work hard & smart & get your company the levels of PPO & IPO, you are an assured billionaire. Ask Mwangi of Equity & the likes who are buying into companies in real estate, media, insurance & banks & they are doing PPO's & IPO's...you will get to see where the wealth is coming from.
In the Previous post @Provicky asked are you the one selling shares of your company or are you just a buyer?
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Kriscalf
#26 Posted : Thursday, June 14, 2012 10:56:03 AM
Rank: New-farer

Joined: 6/26/2011
Posts: 46
Location: Embakasi, Nairobi
While its good to focus on big money, it is also good to look at the 'growing' money, if I can call it so. FEP has quite a plan to achieve this and it is workable. I have been saving with them, & investing withing my capabilities & I haven't been dissapointed.
The bank thing, is a high risk, long term investment & in my opinion, it is worth the investment. If it doesn't work, which I don't see. They have a diversified & rich asset base. Investors wouldn't lose.
My take...
The stars will never align, & the traffic lights of life will Never go green at the same time.
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butterflyke
#27 Posted : Thursday, June 14, 2012 5:13:02 PM
Rank: Elder

Joined: 5/1/2010
Posts: 3,024
Location: Hapa
QW25091985 wrote:
butterflyke wrote:
shockingly, yes. I would like to read other opinions, whether concurring or differing.


this is the kind of attitude that led to so many people to loose their cash in ponzi schemes. because they are trying to justify a sham investment company because the returns are 'sweet'.
but who am i to judge ? lol


i appreciate what you are trying to say but jump not to conclusion - who said anything about investing - i just want to hear what others have to say, not only one opinion

tuliza bwana
Float like a butterfly, sting like a bee. - Muhammad Ali🐝
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QW25091985
#28 Posted : Thursday, June 14, 2012 5:56:11 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
please those of us who want to loose money please try a more enjoyable way other than this fep crap. try the casino !
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BGL
#29 Posted : Monday, January 07, 2013 11:58:31 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
Architect lays down strong foundation for building wealth

http://www.businessdaily...0/-/yy0j4pz/-/index.html
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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mawinder
#30 Posted : Tuesday, January 08, 2013 11:01:43 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
[quote=BGL]Architect lays down strong foundation for building wealth

http://www.businessdaily.../-/yy0j4pz/-/index.html[/quote]
The article is sketchy.QW may have been right.
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