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Fountain Enterprises Programme - FEP
Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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wooooooooooooooooooooooooooooooooooooiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii i think we should accept and move on. reminds me of the gambler song! I find satisfaction in owning great business,not trading them
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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target1360 wrote:wooooooooooooooooooooooooooooooooooooiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
i think we should accept and move on. reminds me of the gambler song! Is it true their main aim is to make billions so eliminate all problems, rather than seek to solve problems and make billions in the process?
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Rank: Hello Joined: 3/4/2015 Posts: 8
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wazuaguest wrote:a few months ago this guys sold rights ,how much was raised and how is it being used?any info? Rights! what rights? when was the primary offering (private or public) done so that we can now talk of rights? I said it during the cembe millers saga or whatever is is they called themselves that whenever you see some entity purpoting to issue shares to potential investors and such investors are classified into diamond, platinum, bronze etc......the first thing that should come to mind is pyramid scheme. It doesn't matter the classification; it could even be in tiers. For any legit company, all shareholders rank equally. Why would these guys find it so hard to have a fixed Authorized Sharecapital at a par value of say Ksh.5.00 then now invite people to subscribe to the offer? Is it rocket science? It's time we amended the CMA Act to give the CMA powers to reign in on individuals trying to rip off unsuspecting 'investors'
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Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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PrivateDeveloper wrote:wazuaguest wrote:a few months ago this guys sold rights ,how much was raised and how is it being used?any info? Rights! what rights? when was the primary offering (private or public) done so that we can now talk of rights? I said it during the cembe millers saga or whatever is is they called themselves that whenever you see some entity purpoting to issue shares to potential investors and such investors are classified into diamond, platinum, bronze etc......the first thing that should come to mind is pyramid scheme. It doesn't matter the classification; it could even be in tiers. For any legit company, all shareholders rank equally. Why would these guys find it so hard to have a fixed Authorized Sharecapital at a par value of say Ksh.5.00 then now invite people to subscribe to the offer? Is it rocket science? It's time we amended the CMA Act to give the CMA powers to reign in on individuals trying to rip off unsuspecting 'investors'  we got played now i understand why buffet only mostly invests in companies that have been listed for over 5-10 years I find satisfaction in owning great business,not trading them
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Rank: Hello Joined: 3/4/2015 Posts: 8
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target1360 wrote:PrivateDeveloper wrote:wazuaguest wrote:a few months ago this guys sold rights ,how much was raised and how is it being used?any info? Rights! what rights? when was the primary offering (private or public) done so that we can now talk of rights? I said it during the cembe millers saga or whatever is is they called themselves that whenever you see some entity purpoting to issue shares to potential investors and such investors are classified into diamond, platinum, bronze etc......the first thing that should come to mind is pyramid scheme. It doesn't matter the classification; it could even be in tiers. For any legit company, all shareholders rank equally. Why would these guys find it so hard to have a fixed Authorized Sharecapital at a par value of say Ksh.5.00 then now invite people to subscribe to the offer? Is it rocket science? It's time we amended the CMA Act to give the CMA powers to reign in on individuals trying to rip off unsuspecting 'investors' we got played now i understand why buffet only mostly invests in companies that have been listed for over 5-10 years But I don't understand why you should get played Target. I mean, with just very little due diligence you'll pick out some of these things easily. For instance, I've tried tracing the head office for these guys to no avail. You call looking to speak to a senior manager in Finance and you're told they sit at Lavington, then you call again and you're told they sit along ngong rd.......seriously???? guys, we spend alot of time trying to make our money, why do we want to give it away so easily?
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Rank: Veteran Joined: 1/16/2007 Posts: 1,320
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We warned people about this kitambo sana.. we were told to continue analyzing as others became billionaires. Folks were posting lists of the'mighty' FEP council. All in all time always tells all. Red Flag
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Rank: Hello Joined: 3/4/2015 Posts: 8
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Mtu Biz wrote:We warned people about this kitambo sana.. we were told to continue analyzing as others became billionaires. Folks were posting lists of the'mighty' FEP council. All in all time always tells all. Red Flag Even when you buy a shiny chinese product (mushainoshaino), you won't realize it has defect unless you look so closely......Even in this case, people who never went deeper into looking at this so called 'council' were hoodwinked into thinking that because this thing is anchored on some religious background then it must be genuine....if you suspect the stove to be hot, you're better off not touching it!
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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BGL wrote:Ali Baba wrote:BGL:>>How much prodding do you want from before you believe its a scam??? Run,away from FEP~~~~~ @Ali Baba, i can think and make a decision for myself! This @BGL ought to give Wazua Community some insight. The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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BGL wrote:I have joined the likes of @aemathenge on this FEP train. When the hype has cooled down it may join the sleeping giants like MURAMATI. But let us wait and see. In the world of hyped investments i invest what i can loose. Actually the board comprises upright people in the society, regarding their business prowess i do not know. Still ready to lose? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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jerry wrote:BGL wrote:I have joined the likes of @aemathenge on this FEP train. When the hype has cooled down it may join the sleeping giants like MURAMATI. But let us wait and see. In the world of hyped investments i invest what i can loose. Actually the board comprises upright people in the society, regarding their business prowess i do not know. Still ready to lose? What if .......just saying , what if BGL is right .... what if it's not a scam , ponze scheme or pyramid as people call it . Trying to see the other side of the coin . what if ...
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Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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the company operational on the surface , but now am not sure whether it is well managed I find satisfaction in owning great business,not trading them
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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target1360 wrote:the company operational on the surface , but now am not sure whether it is well managed The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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when is the AGM for this company? What was raised from the PPO? 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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Rank: Member Joined: 6/17/2011 Posts: 229
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Image Registrars are through with the reconciliation for the PPO, and Share Certificates for the Rights and Rump shares are ready for those who participated. Collect it at your FEP Branch.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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BGL wrote:when is the AGM for this company? What was raised from the PPO? Answers are hard to come by here! The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 8/4/2012 Posts: 155 Location: Kenya
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BGL's thoughts nowPost #557 jerry wrote:BGL wrote:Ali Baba wrote:BGL:>>How much prodding do you want from before you believe its a scam??? Run,away from FEP~~~~~ @Ali Baba, i can think and make a decision for myself! This @BGL ought to give Wazua Community some insight. [/quote] Of all my investments, the only 'swala' i got is FEP holdings and I think I will be left holding a mongoose at some point .... I think I did not do due diligence when I bought it. Anyway, I got the share certificate. however, I do realise in this place a certificate may translate to a piece of paper. I do not trust these FEP people. Given a chance I will sell my shareholding in FEP even at a loss. Anyone thinking of buying this share......beware. [/quote] They got the money, its all they wanted from you, not questions. If you don't want to go to plan B have a good plan A.
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Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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in short things are not very well at f.e.p. I find satisfaction in owning great business,not trading them
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Rank: Member Joined: 6/26/2008 Posts: 384
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Mucene wrote:BGL's thoughts nowPost #557 jerry wrote:BGL wrote:Ali Baba wrote:BGL:>>How much prodding do you want from before you believe its a scam??? Run,away from FEP~~~~~ @Ali Baba, i can think and make a decision for myself! This @BGL ought to give Wazua Community some insight. Of all my investments, the only 'swala' i got is FEP holdings and I think I will be left holding a mongoose at some point .... I think I did not do due diligence when I bought it. Anyway, I got the share certificate. however, I do realise in this place a certificate may translate to a piece of paper. I do not trust these FEP people. Given a chance I will sell my shareholding in FEP even at a loss. Anyone thinking of buying this share......beware. [/quote] They got the money, its all they wanted from you, not questions. [/quote] Pole BGL, I hate seeing such things happen to hones people
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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Stay away from any business fronted by the men of collar. The way VVS stays away from Meralis' businesses. 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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Rank: Member Joined: 10/14/2011 Posts: 661
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PrivateDeveloper wrote:target1360 wrote:PrivateDeveloper wrote:wazuaguest wrote:a few months ago this guys sold rights ,how much was raised and how is it being used?any info? Rights! what rights? when was the primary offering (private or public) done so that we can now talk of rights? I said it during the cembe millers saga or whatever is is they called themselves that whenever you see some entity purpoting to issue shares to potential investors and such investors are classified into diamond, platinum, bronze etc......the first thing that should come to mind is pyramid scheme. It doesn't matter the classification; it could even be in tiers. For any legit company, all shareholders rank equally. Why would these guys find it so hard to have a fixed Authorized Sharecapital at a par value of say Ksh.5.00 then now invite people to subscribe to the offer? Is it rocket science? It's time we amended the CMA Act to give the CMA powers to reign in on individuals trying to rip off unsuspecting 'investors' we got played now i understand why buffet only mostly invests in companies that have been listed for over 5-10 years But I don't understand why you should get played Target. I mean, with just very little due diligence you'll pick out some of these things easily. For instance, I've tried tracing the head office for these guys to no avail. You call looking to speak to a senior manager in Finance and you're told they sit at Lavington, then you call again and you're told they sit along ngong rd.......seriously???? guys, we spend alot of time trying to make our money, why do we want to give it away so easily? There was an advert in yesterday’s newspaper (DN -3rd June) giving directions to PEF offices.
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