When someone come on this board touting a course for a few thousand bucks, or hustling for mentoring that is one thing.
However, when it could involve someones life savings, I will error on the side of use extreme caution no matter what anyone reads by someone who uses a nickname to post and tells eveyone how much money they made from a company.
The post was not directed to you, it was a warning to others that no matter who posts what due diligence other that a discussion board should be used when it comes to investing large sums of money is in order.
"I was grateful a year or so ago when I was looking at another program that promised to eliminate my 7 mortgages through an untested legal process and was steered down the right path from this site in not becoming involved."
It shows that you signed up yesterday, what nickname did you sign in under when you were reviewing the Dorean posts awhile back, since you are a bit green here?
I am invested in Pinnacle for 40k and have had nothing but a positive experience.
I guess as long as they find new investors, they can maintain some return
They started out returning 25% every 45 days, then went to 60 days. I have heard they may go to every 120 days
All referrences checked out and early investors seem to have made a lot of money quickly
Anybody know anything else good or bad about this company?[ Edited by hik on Date 08/27/2006 ]
I would personally like to thank the SEC for concurring with me about Pinnacle being a Ponzi scheme, a few months late but none the less it happened.
"Washington, D.C., Oct. 12, 2006 - The Securities and Exchange Commission yesterday filed emergency securities fraud charges against an Atlanta promoter to halt a Ponzi scheme that raised at least $30 million from approximately 2,000 investors in fraudulent real estate development partnerships."
Your request for an apology is misdirected. The two scammers who ran the company are the real culprits. I was simply a willing investor, no more than that.
We think it is an issue with the consolidation of TheCreativeInvestor and www.PropBot.com users.
We will be working on that bug this afternoon.
Yeah, mine have been gone for several days now.
At the risk of being the token optimist, mine is working OK...
flanman,
When someone come on this board touting a course for a few thousand bucks, or hustling for mentoring that is one thing.
However, when it could involve someones life savings, I will error on the side of use extreme caution no matter what anyone reads by someone who uses a nickname to post and tells eveyone how much money they made from a company.
John $Cash$ Locke
[addsig]
flanman,
The post was not directed to you, it was a warning to others that no matter who posts what due diligence other that a discussion board should be used when it comes to investing large sums of money is in order.
John $Cash$ Locke
[addsig]
flanman,
One last question when you posted this:
"I was grateful a year or so ago when I was looking at another program that promised to eliminate my 7 mortgages through an untested legal process and was steered down the right path from this site in not becoming involved."
It shows that you signed up yesterday, what nickname did you sign in under when you were reviewing the Dorean posts awhile back, since you are a bit green here?
John $Cash$ Locke
[addsig]
I meant green only as it pertains to actually participating in a discussion online...
I am invested in Pinnacle for 40k and have had nothing but a positive experience.
I guess as long as they find new investors, they can maintain some return
They started out returning 25% every 45 days, then went to 60 days. I have heard they may go to every 120 days
All referrences checked out and early investors seem to have made a lot of money quickly
Anybody know anything else good or bad about this company?[ Edited by hik on Date 08/27/2006 ]
OK, flanman and hic....Do you STILL THINK Pinnacle is such a wonderful company?
You WILL keep us informed as to how your investments turned out. Right?
[addsig]
I would personally like to thank the SEC for concurring with me about Pinnacle being a Ponzi scheme, a few months late but none the less it happened.
"Washington, D.C., Oct. 12, 2006 - The Securities and Exchange Commission yesterday filed emergency securities fraud charges against an Atlanta promoter to halt a Ponzi scheme that raised at least $30 million from approximately 2,000 investors in fraudulent real estate development partnerships."
John $Cash$ Locke
[addsig]
Your request for an apology is misdirected. The two scammers who ran the company are the real culprits. I was simply a willing investor, no more than that.