Emgoldex is a fake company – SEC

[psyche54]

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https://www.smallbusiness.wa.gov.au/...balance-sheet/

the same ra bya....


asa naman tong UNSUSTAINABLE dinha ? .... wa na explanation ? Daug na ko.

Sure ka?

BALANCE SHEET Equation can be presented on the following ways..

Assets = Liabilities + Equity
Equity = ASSETS - LIABILITIES
Liabilities = ASSETS - EQUITY

Basaha balik imong link... Aron di ka ma-ignorante, gidetalye didto..

While you presented it as this: BALANCE SHEET = ASSETS - LIABILITES.. Really? Unya balanse imong libro ana dodong? Ang imong pag-sabot sa BALANCE SHEET kay balanse's kwarta... hahahahahah. Pagka-onggoy...

Try harder my friend... You may win next time... LoL

[callsyn_bigbird]

First, Unsa kaso i.file nimo sa ako beh ? accessories to a crime ? na scam ang usa ka networking company, sunod ako mo provide sa evidence
unsa accurate na case ? sworn statement naman ka dayun tan.awon pa gani nato kung pwede ko makiha ana lol.


tan.aw nimo wa sad ko kaila na lawyers and judges ?

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Naa ra man diay na! Unya nganu lisud man sa imuha ang pagpa buhat ug sworn statement? Usa ray rason ana, ang imuhang mga kaila nga mga lawyers kabalo nga ang imuhang stand about emgoldex is weak. Walay solid ground. They know nga during sa proceedings labhan ka pag ayo and once dili mo maka provide ug sufficient proof, aw tambling imuhang defense. Walay lawyer nga ganahan nga ma pildi.

Isa pa sad, ang tao nga dili guilty, bisan pa ug lie detector test dili na siya mahadlok. Apan ang tao nga guilty, mag duha-duha na siya kay kabalo siya nga sabonon jud siya pag ayo during sa proceedings.

There's no point nga debatehan pa nato ni diri. Daghan na nga mga tao nga nag present diri ug proof, gitagaan pa gani mo ug tinamban nga calculation pero kamu ang dili mudawat sa kamatuoran nga ang emgoldex is indeed a scam/illegal. Yet, you kept on mentioning nga dili mo member, for sure there's a motive why you are doing it and akoang barkada nga lawyer nga ga tisngi lang ang agi gabasa sa inyuhang mga explanation nag ingon nga "Barato na lang ang Ariel tag 7.50".. hahahahah muputi jud daw mo ug siya maoy mulaba ninyo.

[Romeojin]

Sure ka?

BALANCE SHEET Equation can be presented on the following ways..

Assets = Liabilities + Equity
Equity = ASSETS - LIABILITIES
Liabilities = ASSETS - EQUITY

Basaha balik imong link... Aron di ka ma-ignorante, gidetalye didto..

While you presented it as this: BALANCE SHEET = ASSETS - LIABILITES.. Really? Unya balanse imong libro ana dodong?

Try harder my friend... You may win next time? LoL

mao nalang gyud ng imong strategy himuon lalis ang di angay lalison. pati gani one word "GAIN" lalison pa.
As if pud gi consider nimo ang deposit or membership fees as ASSETS... Cash at hand man tana na

I know what you are doing, always man nimo ilubong ang thread when I gave you my rebuttals to cover your posts hehehe.

Ngano pirme nalang ako tig.answer sa inyo mga pangutana sunod kung ako mangutana dili tubagon ? na labelled nalang ako na defender tungod sa daghan pangutana ako gitubag.
mamili lang gyud mo unsa i.quote.

Mo.abot nalang gud to sa morality dire ... grabeh na ka branch out ang discussion.

hay nako dong... Ingnan ayaw i.compute ang wa pa naka exit as total liabilities kay contingent liabilities pa na, they may or may not pay.



Still i will entertain you, sayang imong time making it lol. Im not like you, na maghimo ko rebuttals pilion lang ang tubag.


1. Finally you admit its CASH ASSET True imong asset grow by 1.62B @ 36k x 45,000 heads but your liabilities doesnt grow to 1.62B cause members in any networking cannot withdraw their monies.
This is not a bank, its an investment into a network.

the network POOLED in money.


2. Here's where you are dead wrong...

you are counting that out of 45,000heads or 3,000tables = 3,000 made an exit
you are only computing tables that manage to make an exit

how about tables with 1 recruit, 2 recruits, 3 recruits, 4 recruits, 5 recruits, 6 recruits and so on til 13 recruits.
you didnt add their money on the Pooled resources.

in reality the success rate of exit is slim, we are probably talking 10% here or even less.
so kanang 3000 tables who made the exit naa pay 27,000 tables who didnt made the exit, you should add those failed tables' monies as well sa POOLED resources.

kung i.average nato na ang 27,000 FAILED tables made only 7 recruits = 8 heads (including recruiter) x 36,500 x 27,000 = you do the math lol.


So that explain why you keep saying UNSUSTAINABLE. I keep repeating look at what happened to their members kung daghan naka exit, puro gani reklamo.

Thats why they build networking companies cause they know its not efficient system, they can bank/pooled money on failed tables.

*plus naa gyud mga tables na interconnected (shared na ilang network) naa gyud na PLUS or MINUS on head counts.
impossible pud ang perfect pyramid.

3. Again what is 144K (money out) against 400K (money in) sa network... thats sustainable even not counting failed tables.
Im not saying pwede na nila dagan ang kwarta lol.

4. I always said I dont know the details of their gold operation, for me it doesnt matter considering the size of their POOLED resources.
They can just placed it in the bank if they had to.

Good thing you explained it, thats the only way to prove if pyramiding scheme ilang system.

I dont want to comment and dont want to know about their gold operation. So no comment ko about ana, but dont be cocky na correct ka ana, the real basis should be factual dili theoretical.

when you are ready to have an intelligent talk, paki rebutt nalang.

I dont want to stoop into your level.

PEACE... Im out.

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Naa ra man diay na! Unya nganu lisud man sa imuha ang pagpa buhat ug sworn statement? Usa ray rason ana, ang imuhang mga kaila nga mga lawyers kabalo nga ang imuhang stand about emgoldex is weak. Walay solid ground. They know nga during sa proceedings labhan ka pag ayo and once dili mo maka provide ug sufficient proof, aw tambling imuhang defense. Walay lawyer nga ganahan nga ma pildi.

Isa pa sad, ang tao nga dili guilty, bisan pa ug lie detector test dili na siya mahadlok. Apan ang tao nga guilty, mag duha-duha na siya kay kabalo siya nga sabonon jud siya pag ayo during sa proceedings.

There's no point nga debatehan pa nato ni diri. Daghan na nga mga tao nga nag present diri ug proof, gitagaan pa gani mo ug tinamban nga calculation pero kamu ang dili mudawat sa kamatuoran nga ang emgoldex is indeed a scam/illegal. Yet, you kept on mentioning nga dili mo member, for sure there's a motive why you are doing it and akoang barkada nga lawyer nga ga tisngi lang ang agi gabasa sa inyuhang mga explanation nag ingon nga "Barato na lang ang Ariel tag 7.50".. hahahahah muputi jud daw mo ug siya maoy mulaba ninyo.

OT:

unsa man ako kaso, nganong muhatag ko sworn statement ?
liable ba ako sa anang kaso knowing di man ko part sa management or even members sa Emgoldex ?
pwede ba himuon prove ang what we post here on a court of law ?

Be realistic dodong.... please ayaw na ako i.quote.

[psyche54]

mao nalang gyud ng imong strategy himuon lalis ang di angay lalison. pati gani one word "GAIN" lalison pa. As if pud gi consider nimo ang deposit or membership fees as ASSETS... Cash at hand man tana na

PEACE... Im out.

I'm lovin this!

By the way, I don't have to refute to that. It's completely twisted, even to the people that doesn't know much about accounting..

Cash-at-Hand/Cash-on-Hand are assets my friend, "CURRENT ASSETS" to be exact. Membership Fees are revenues, deposits from customers are liabilties... What you have in their is incomprehensible. I feel sorry for you dude. You claimed to be an entrepreneur and exporter, and that is what you've got? And you call yourself intelligent? Oooo MMM Geeeeeee...

Try harder my friend.. You're almost their... LoL.

[callsyn_bigbird]

mao nalang gyud ng imong strategy himuon lalis ang di angay lalison. pati gani one word "GAIN" lalison pa.
As if pud gi consider nimo ang deposit or membership fees as ASSETS... Cash at hand man tana na

I know what you are doing, always man nimo ilubong ang thread when I gave you my rebuttals to cover your posts hehehe.



when you are ready to have an intelligent talk, paki rebutt nalang.

I dont want to stoop into your level.

PEACE... Im out.

- - - Updated - - -



OT:

unsa man ako kaso, nganong muhatag ko sworn statement ?
liable ba ako sa anang kaso knowing di man ko part sa management or even members sa Emgoldex ?
pwede ba himuon prove ang what we post here on a court of law ?

Be realistic dodong.... please ayaw na ako i.quote.

My fellow istoryans, this is the man who is trying to hard to defend the matrix of emgoldex, Romeojin. A man who tries so hard and yet cannot even make a sworn statement. The very purpose of a sworn statement is to know if someone is telling the truth or not. It will undergo proceedings. If ma find out nga dili ka guilty then you are free to go but it ma find out nga guilty ka, then you will be facing multiple charges later on.

Klaru na kaayo ang pag pangilad aning Romeojin. Dili kuno siya member sa emgoldex pero gapangugat ug depensa sa emgoldex. Karon, gitagaan ug chance nga mo depensa once and for all in the court of law pero ni kakak na siya. Meaning, GUILTY!!! This man clearly has a motive for defending the matrix of emgoldex. Nahadlok na ni siya karon pa lang daan nga malabhan and ma kita ang tinud-anay nga rason kun nganu nga nangugat man jud ni siya ug depensa sa emgoldex nga siya dili man unta membro.

Kamu nay bahala sa pag husgar aning mga tig depensa sa emgoldex nga dili man gani maka buhat ug sworn statement. Anything that boybulabug and Romeojin nga i.comment ngari sa thread after ani nga comment naku, HAS NO MORE CREDIBILITY!!!

[Romeojin]

I'm lovin this!

By the way, I don't have to refute to that. It's completely twisted, even to the people that doesn't know much about accounting..

Cash-at-Hand/Cash-on-Hand are assets my friend, "CURRENT ASSETS" to be exact. Membership Fees are revenues, deposits from customers are liabilties... What you have in their is incomprehensible. I feel sorry for you dude. You claimed to be an entrepreneur and exporter, and that is what you've got? And you call yourself intelligent? Oooo MMM Geeeeeee...

Try harder my friend.. You're almost their... LoL.

But you never did you accepted ang deposit or cash at hand as assets lol.

I feel sorry for you, accountant who had no idea of assets and liabilities doesnt even knows what contingent liabilities hahaha.
moingon pa gyud di balanse ang balance sheet when sa iya puro negatives, liabilities tanan lol

kutob nalang small talk ani ? wa gihapon rebutals sa imong UNSUSTAINABLE ?
does your brain hurts already ? likay2x man sa akong rebuttals ug questions hahaha.

My fellow istoryans, this is the man who is trying to hard to defend the matrix of emgoldex, Romeojin. A man who tries so hard and yet cannot even make a sworn statement. The very purpose of a sworn statement is to know if someone is telling the truth or not. It will undergo proceedings. If ma find out nga dili ka guilty then you are free to go but it ma find out nga guilty ka, then you will be facing multiple charges later on.

Klaru na kaayo ang pag pangilad aning Romeojin. Dili kuno siya member sa emgoldex pero gapangugat ug depensa sa emgoldex. Karon, gitagaan ug chance nga mo depensa once and for all in the court of law pero ni kakak na siya. Meaning, GUILTY!!! This man clearly has a motive for defending the matrix of emgoldex. Nahadlok na ni siya karon pa lang daan nga malabhan and ma kita ang tinud-anay nga rason kun nganu nga nangugat man jud ni siya ug depensa sa emgoldex nga siya dili man unta membro.

Kamu nay bahala sa pag husgar aning mga tig depensa sa emgoldex nga dili man gani maka buhat ug sworn statement. Anything that boybulabug and Romeojin nga i.comment ngari sa thread after ani nga comment naku, HAS NO MORE CREDIBILITY!!!

on what case lagi ?kasabot ka unsa ng sworn statement ?

A sworn declaration (also called a sworn statement or a statement under penalty of perjury) is a document that recites facts pertinent to a legal proceeding.

[Romeojin]

LOL.. taga EMGOLDEX jud diay ka, dili kabalo maulaw bisag kapila na gilaparo. Dodong, patabang sa kung naa kay kaila CPA, hastang bugo tawon sa imong presentation. Balance SHEET? LOL.. GRABE.

dili ko member ng Emgoldex! kapila naman na nako na giingon... if you had nothing good to say paghilom nalang as if nakatabang ka sa discussion dire na thread.

[Romeojin]

LOL. Bisag unsaon, halata ra kaayo Dodong. Pero, bitaw, comedy kaayo imong Balance Sheet. Kung kabalo lang unta ka maulaw

which part didto dong ?

[callsyn_bigbird]

on what case lagi ?kasabot ka unsa ng sworn statement ?

A sworn declaration (also called a sworn statement or a statement under penalty of perjury) is a document that recites facts pertinent to a legal proceeding.

Cleary, kani nga tao wala jud hinanawan. Pa as if ra nga kabalo sa balaod.

Sworn statement can be used without a legal proceeding nga on going. Gipakuha teka ug sworn statement kay mas maayo na compared to an affidavit kay ang sworn statement under oath ka. Didto namu na questionon ang imuhang sworn statement sa legal proceedings na kay mo file pa man mi ug case. Once masuta nga dili consistent imuhang defense, kalaboso ang labas nimu. Ayaw ko tudlue about sworn statement kay kapila na namu na gigamit sa internal proceedings sa opisina and ang gabuhat pa sa amoang mga sworn statement kay mga taga ACCRALAW Firm diri sa Cebu.

Ang case nato diri is whether illegal/scam ang emgoldex. Dili na na nimu problema kun asa mi mangita ug evidence nga illegal/scam ang emgoldex, basta kay be sure lang nga maka depensa ka sa imuhang gibarugan. You kept man on defending emgoldex and you said nga lig-on ilahang matrix, dili sila illegal/scam. Now, if mao na imuhang stand, pagbuhat ug sworn statement kay para magka ilhanay ta kun kinsa jud ang nag sulti sa kamatuoran.

[Romeojin]

LOL. Bisag unsaon, halata ra kaayo Dodong. Pero, bitaw, comedy kaayo imong Balance Sheet. Kung kabalo lang unta ka maulaw

Balikon nako ning ingon ni Digong ha, pwede?

Duterte orders CIDG to stop online gold ‘pyramid’ scheme

Duterte said aside from the absence of a permit, the company is not allowed to deal in gold in its operation in order to attract investors.
“You are not supposed to be dealing with gold in the first place. In the second place you do not have a permit,” he said.
Duterte said it is not possible for the company to procure gold because it needs a permit from the Bangko Sentral ng Pilipinas (BSP) first.
“It is a pyramiding thing, I can sense it,” he said. “We will nip it in the bud,” he added.

“Yung nagpapabili ng gold, arestohin ninyo”


Basig ganahan mo kasohan si Duterte kay tiurok na man jud na inyong operation kung diri na sa Davao. Kay kung si Duterte makasakop, IMPAS gyud.

yeah whatever, illegal na sila dire wa ko lalis ana and 4 other countries. That doesnt translate na scam na sila.

Cleary, kani nga tao wala jud hinanawan. Pa as if ra nga kabalo sa balaod.

Sworn statement can be used without a legal proceeding nga on going. Gipakuha teka ug sworn statement kay mas maayo na compared to an affidavit kay ang sworn statement under oath ka. Didto namu na questionon ang imuhang sworn statement sa legal proceedings na kay mo file pa man mi ug case. Once masuta nga dili consistent imuhang defense, kalaboso ang labas nimu. Ayaw ko tudlue about sworn statement kay kapila na namu na gigamit sa internal proceedings sa opisina and ang gabuhat pa sa amoang mga sworn statement kay mga taga ACCRALAW Firm diri sa Cebu.

Ang case nato diri is whether illegal/scam ang emgoldex. Dili na na nimu problema kun asa mi mangita ug evidence nga illegal/scam ang emgoldex, basta kay be sure lang nga maka depensa ka sa imuhang gibarugan. You kept man on defending emgoldex and you said nga lig-on ilahang matrix, dili sila illegal/scam. Now, if mao na imuhang stand, pagbuhat ug sworn statement kay para magka ilhanay ta kun kinsa jud ang nag sulti sa kamatuoran.

Dodong sabta tawon unsa ang sworn statement, im not entitled ana if without case alangan mag. una na before any case
Even affidavit di pwede if I had no crimes committed.

Grow up dodong...