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Fountain Enterprises Programme - FEP
Angelica _ann
#171 Posted : Wednesday, July 29, 2015 6:36:10 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Kanpat wrote:
I thought 2015 was when the bank was to open and not to be the biggest bank?

Regardless we are past mid 2015, where are even the signs of the bank!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Boris Boyka
#172 Posted : Thursday, July 30, 2015 10:38:37 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Angelica _ann wrote:
Kanpat wrote:
I thought 2015 was when the bank was to open and not to be the biggest bank?

Regardless we are past mid 2015, where are even the signs of the bank!!!

Signs of a trapped defendant up here. whether starting middle or big where is the bank@kanpat
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
enyands
#173 Posted : Friday, July 31, 2015 8:42:05 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Boris Boyka wrote:
Angelica _ann wrote:
Kanpat wrote:
I thought 2015 was when the bank was to open and not to be the biggest bank?

Regardless we are past mid 2015, where are even the signs of the bank!!!

Signs of a trapped defendant up here. whether starting middle or big where is the bank@kanpat


I accepted and have moved on, hope there will never be such again.

Diapora cry foul play FEP

However, this has not been the case as most of the investors have relayed story after story on how they have been taken on a spin. Some have cited misrepresentation of facts to the point of being coerced to invest their money into nonexistent projects. Majority of them have not received their certificates for the shares they purchased in 2012 and title deeds for land procured several years ago. Many claim lack of responsibility within FEP leaving them regretting why they engaged. Some have also cited feedback from their friends and loved ones in Kenya on numerous mismanagement episodes within FEP

Chaka
#174 Posted : Friday, July 31, 2015 12:03:32 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
When I first read about FEP and their business spread,the first thing that came to mind was "a jack of all trades and a master of none"
murchr
#175 Posted : Friday, July 31, 2015 4:34:43 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Boris Boyka wrote:
Angelica _ann wrote:
Kanpat wrote:
I thought 2015 was when the bank was to open and not to be the biggest bank?

Regardless we are past mid 2015, where are even the signs of the bank!!!

Signs of a trapped defendant up here. whether starting middle or big where is the bank@kanpat


Laughing out loudly @Boris Boyka.....be nice...Shame on you

@Bigchick this is the list of questions diasporans have

Listed Below is the feedback we are seeking:

1. Current audited financial report for 2014/2015
2. Updates on Lukenya properties. The cost value, number of plots sold and current market value
3. Names of investors were forwarded through our County Chairmen. When do we get share certificates for tier 2, Tier 3 and PPO?
4. Number of companies owned by FEP, how many are in operation and status of those out of operation
5. Percentage of ownership and any MOU for any existing partnerships
6. Updated PPO report, amount raised and what is the next plan of action?
7. What happened to FEP Bank and the 40% of founder shares allocated to banking according to CEO’s presentation.
8. When will FEP honor the leader’s remuneration package as outlined by the CEO in 2012? Some leaders have never been compensated for expenses incurred on travel, hotel reservation and other related cost. Does FEP have any plan to reimburse these expenses and how do they plan to do it in future?

"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
BGL
#176 Posted : Friday, July 31, 2015 5:20:05 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
murchr wrote:
Boris Boyka wrote:
Angelica _ann wrote:
Kanpat wrote:
I thought 2015 was when the bank was to open and not to be the biggest bank?

Regardless we are past mid 2015, where are even the signs of the bank!!!

Signs of a trapped defendant up here. whether starting middle or big where is the bank@kanpat


Laughing out loudly @Boris Boyka.....be nice...Shame on you

@Bigchick this is the list of questions diasporans have

Listed Below is the feedback we are seeking:

1. Current audited financial report for 2014/2015
2. Updates on Lukenya properties. The cost value, number of plots sold and current market value
3. Names of investors were forwarded through our County Chairmen. When do we get share certificates for tier 2, Tier 3 and PPO?
4. Number of companies owned by FEP, how many are in operation and status of those out of operation
5. Percentage of ownership and any MOU for any existing partnerships
6. Updated PPO report, amount raised and what is the next plan of action?
7. What happened to FEP Bank and the 40% of founder shares allocated to banking according to CEO’s presentation.
8. When will FEP honor the leader’s remuneration package as outlined by the CEO in 2012? Some leaders have never been compensated for expenses incurred on travel, hotel reservation and other related cost. Does FEP have any plan to reimburse these expenses and how do they plan to do it in future?




Its Good the Diaspora has woken up..... they should direct those questions to these senior officers of FEP and copy to the ministry of foreign affairs.

Dr. Ronoh <ronoh.desk@fep-group.com>,

CEO John Kithaka <jkithaka@fep-group.com>,

Bernice Muya <bmuya@fep-group.com>

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
Kanpat
#177 Posted : Monday, August 03, 2015 11:23:50 PM
Rank: Hello

Joined: 7/29/2015
Posts: 5
newfarer
#178 Posted : Monday, August 03, 2015 11:53:17 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Kanpat wrote:
https://m.facebook.com/story.php?story_fbid=857013764376255&id=112365225507783&_ft_=top_level_post_id.857013764376255


That is quite informative, fep should make the updates more regular as it seems that the main complaint is investors being in the dark. Read that they are no longer raising capital, scamists don't say no to money. Does it mean that some guys are causing trouble in fep for selfish interests?
punda amecheka
Kanpat
#179 Posted : Tuesday, August 04, 2015 2:34:57 AM
Rank: Hello

Joined: 7/29/2015
Posts: 5
http://ksnmedia.com/2015...yan-shareholders-in-us/


As stated above once the OTC is operational any disgruntled investor is free to exit from FEP by selling their shares.
enyands
#180 Posted : Tuesday, August 04, 2015 4:19:59 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Kanpat wrote:
http://ksnmedia.com/2015/08/fep-reacts-to-complaints-raised-by-kenyan-shareholders-in-us/


As stated above once the OTC is operational any disgruntled investor is free to exit from FEP by selling their shares.



Did someone have to make noise on the social media for someone to do their job? Kwani there will be no day someone will just do the right thing. Meaning that if those guys in diaspora didn't say anything then people would still be in the dark. This mentalities are just wrong.all what the investors wanted to know is as follows
Agm will be on ......
The money collected during ppo was invested....
The bank will be opened by .......
There were former employees who did......and we ...
The dividends will be issued ......
The top ten shareholders are .......

Why was it so so difficult .did someone have to threaten to sue FEP through foreign ministry for someone to open up what they should have known December last year ????

Still the same FEP had a good idea but somewhere something happened that the vision was lost .but if they have refocused on their vision then well for them. But for me personally I'm done. Too much emotional burden in this bus
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