All potential investors should start by reading this document.
We are still waiting for two further changes to be made on valcorinvestment.com:
1) we would like to see the current audited accounts for both IPEC International, and the holding company that investors would be buying shares in
2) All past press releases should be made available. These are important because they give individual investors a way of tracking how the company has been doing.
If the above two changes are made, we see no further use for this BLOG and we will remove it.
knowledgetoaction traders university scam
We are still waiting for two further changes to be made on valcorinvestment.com:
1) we would like to see the current audited accounts for both IPEC International, and the holding company that investors would be buying shares in
2) All past press releases should be made available. These are important because they give individual investors a way of tracking how the company has been doing.
If the above two changes are made, we see no further use for this BLOG and we will remove it.
knowledgetoaction traders university scam
7 comments:
Any updates here since July 08?
The only comment since last July is that Dan Chambers is still looking for investors into this scheme. He has even made blog posts and entries in investment forums.
This is rather strange, since early last year, when Dan Chambers was presenting this opportunity, he was urging everyone to get in and buy their shares within the next few days as there were very few left, and that he had big investors lined up that would buy the whole lot.
Looking back now, it is obvious this was not true. The question you should ask yourself is, what else is not true?
Please share your experiences with "Valcor Investment" here.
There are currently a lot of investors in this project and that believe in helping out both in indigenous tribes and replanting the rain forest. Thanks to your blog I am sure many people have backed out of this as well as large investors.
As you well know the global economy has made it so many investors are no so quick to pull the trigger on investments and your blog is making them less likely to.
I wish you would actually go to Nicaragua and look at this project before posting your blog from over seas, when you have no idea what you are talking about.
Have you even talked to Val Pacheco the owner of Valcor, or any of the people that are actually recieving this timber as we speak? I did not think so. Why don´t you do your own due dilligence before posting things that are hurting millions of people in Nicaragua.
Have you ever had you entire life destoyed by a hurricane and had your house blown away and then counted on help from others? I did not think so!!!!!!!!!!
$10 bucks says you do not approve the post I just made!!!
Well yes we did have several large investment companies looking into this investemnt but if you have not noticed the global economy as well as your blog turned them off.
You blog has actually turned off many investors from our project. The worst part is you have done this without talking to the principles involved, nor the clients recieving timber, nor people that have been to Nicaragua.
Tell you what why don´t you pack your bags and fly to Nicaragua and see the project personally, or acually talk to someone that has been there, instead of making assumptions from overseas, based on reckless reaseach.
I am assuming that you have never had your house destroyed by a hurricane and counted on the help of others to help you rebuild your life.
Have you called the embassy in Nicaragua to ask about the project? NO, YOU HAVE NOT
Have you talked to Val Pacheco? NO, YOU HAVE NOT
Have you talked to the lawyers involved? NO, YOU HAVE NOT
Have you been to Nicaragua to do research? NO, YOU HAVE NOT
Have you talked to clients that have recieved timber? NO, YOU HAVE NOT
Have you delayed assistance and help to the people that have had thier lives turned upside down by this natural disaster? YES YOU HAVE!!!!
Dan, I published your comments as the only thing I am after is transparency.
So as to avoid a conflict of interest, you can keep your $10.
Is it true that you get $1,000 commission for every share that you are able to sell?
I would have thought that as a Chief Financial Officer, you would be familiar with US accounting standards and procedures for share offering. Vince Matlock apparently has 25 years of banking experience, so he should also be familiar with these.
Yet some of the most basic principles have not been adhered to yet, and the whole operation is very opaque. This is what I am criticising. You have made a number of press releases which "stretched the truth" to put it nicely, including confirming that you were receiving investments from large investment firms - however when we contacted these firms they denied having agreed to anything more than speaking to you!
Anyway. That's the past. Why don't you make amends and tell us about the present. This opportunity was presented almost one year ago now, and the first dividends were apparently going to be paid in the first quarter of 2009. So maybe you could tell us how this is going? How many timber orders have there been? To how many companies? For what value? What is cashflow like? Profits? Could you publish your year-end results and accounts so that we can see how you are doing? By the way this is required for a public company so I am not asking for any privileged information here. Audited reports would be nice.
I'll post an update to the homepage of the blog in a couple of weeks - so if you have some verifiable, solid information and results I promise to include them.
I can prove this is a scam to anyone
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