Jason Sincyr ( Fusion’s CEO )
Is Sincyr ( SINCERE ) really his name ?
This investment reminds me of PIPS & WELLSPRING.
Is there anyway of validating the company &/or the CEO ?
Is there any danger of it getting closed down by the S.E.C.
like the above mentioned ?
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16-07-2007, 07:48 AM #61
Sincere
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16-07-2007, 08:51 AM #62
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I can tell you that
1. I am an AGENT
2. I have 2 personal Forex Accounts (MB and IBFX)
3. I did sign a LPOA to allow VanNatteer Trading Inc ( they are Licensed )
to trade my accounts.
4. I had to send in all kinds of documentation to these brokerage firms because my accounts are business accounts
5. You deal with the brokerage firms for trading issues and not Jason.
6. I haven't LOANED any money to him or has he asked me too.
7. I have BEEN WITH JASON for about 14 months now...I even new about this venture when he started planning it...when he was running a FOREX SIGNAL SERVICE.
8. To this day...He has practiced what he's been preaching...
JASON'S WORDS
Basically we have built a hedge fund.. however we are taking it off shore
as in the US hedge funds would not be a good option for most of our group
The minimum would have to be 500k and we could only allow 100 clients
So by simply going off shore we can allow our agents to get into it with 1K
and then later when we open to investors it is 3k
I cannot grasp why you think this is like a PIPS/WELLSPRING thing... I got burnt in those as well...With these programs I gave them my money...in hopes that they work thier magic...
With Infinty trade Group.....I will be able to control my funds....I already temporaily dropped the LPOA on my MB Trading Account because Brad and the software aren't working together and there has been about 15% drawdown...
With PIPS and WELLSPRINGS...I could not of done that...
RichardLast edited by datek; 16-07-2007 at 08:58 AM. Reason: Added more content
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16-07-2007, 05:07 PM #63
Thanks
Thanks for answering some of my questions.
I'm sure you understand my reasons for asking though,
DD has to start somewhere.
Having been burnt by "Investments" or whatever guise they appear as, so many times before, it's natural to take whatever precautions is reasonable.
This appears like a good investment that my group will be very interested in I'm sure, but it is always my job to check it out a little before I recommend it or not.
Again thanks for your quick response.
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16-07-2007, 07:49 PM #64
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Also just to add this is all above board as far as the SEC go.
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17-07-2007, 01:44 AM #65
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LAURENR,
no problem....I do understand the your way of thinking and traveling in this FIELD we play in..
Keep searching until you feel comfrontable ( I can't Spell LOL!!!!)
Richard
This is one reason why Jason is allowing only Agent at this time....We get to test drive the system for 1000 + 499 Agent fee for about 2 -3 months before we allow investors only.....
He wants us to FEEL GOOD ABOUT what we have here before we bring in others....
Richard
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Senior Member
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18-07-2007, 03:25 PM #66
Dear Scott,
Can you please put your comments on it.
Do we here need to fear of usa SEC.
are you sure that this will not be next FXIG.All ROL CLUB members Join our NIL group. here everyone will get their 2 personal referrals. Do not miss this one. your success is almost Guranteed.
All the info is here: http://www.rolclub.com/rolclubs-next-line-system/
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18-07-2007, 06:01 PM #67
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Hi info4shah,
I honestly don't know what FXIG is but I'm assuming it is one of many "high yield" scams that are so prevalent online.
I personally don't have any worries about my account being on the wrong side of any government agencies. The money I have invested is "risk capital" ( money that would not adversely affect me if I lost it all ), and I am in complete control of the deposits/withdrawals.
The difference between this program and a typical HYIP is transparency. We know exactly where the funds are being held and exactly how money is made/lost in this program. There are no "2% a day" claims and they are very up front about this being a "variable rate of return"...it is based 100% on the performance of the trader(s) and the accounts literally fluctuate with each tick of a traded currency.
There will be profitable trades and losing trades, there will be days where the account is up and days where it is down. There are no guarantees offered and very clear disclaimers on the risks involved in trading currencies.
Basically we are giving authorization to VanNatter Trading Inc to manage our account. Brad is a licensed series 3 futures broker and a foreign exchange spe******t as well as a CTA ( Commodity Trading Advisor ). He is fully licensed and authorized to accept accounts from clients and trade on their behalf.
This process has been established following the proper protocol as opposed to sending funds to some e-gold account and hoping to cash in on some outrageous ( and most often bogus ) claims.
Having said that, I do believe that people need to be careful how they represent this program. If you go around posting returns on public forums, or try to "smooth talk" someone into participating without mentioning the high degree of risk, you could be in trouble. People NEED to be aware that this is a very volatile market and that they should ONLY be using risk capital to take part initially.
Once they have some history under their belt, are comfortable with the day to day ups and downs and performance over a matter of weeks, then they can decide whether or not to increase their exposure.
I don't live in the USA so I'm not all that familiar with how the SEC works, but I do know that every US broker I have checked out offers some service for "Managed Accounts". If this these were not compliant with the current laws, I imagine that these services would be quickly removed.
Just my 2 cents.
scotty
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18-07-2007, 11:48 PM #68
the sign-up software is an absolute Pigs-Ear !
I tried to sign-up & pay through Paypal, when I did it
charged me $1 !
I think it has over written & given me someone elses account,
this is very worrying.
What's going on here ?
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19-07-2007, 03:59 AM #69
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Hi Lauren,
I must apologize as I'm sure that I'm partially to blame for your confusion. I know that my posts are usually quite lengthy and some of the important points can get lost. This is a portion from my post a few days ago...
Just to confirm...the site is not yet live and the sign-up form is not yet functional. It hasn't been officially released and I just sort of happened across it by accident.
I knew there were some people who were very anxious to get signed up as an agent and were very nervous about "missing the boat".
I let Jason Sincyr know that I had a number of people in this situation and he gave me some instructions for them to join manually. He asked me not to post those instructions publically and I have only sent it to those who have requested it.
So I have no doubt that the sign-up software is a "pigs-ear" ( love the expression by the way lol ) but that's only because it's not yet functional. I apologize if my previous posts created the wrong impression.
So basically you have 2 options...you can wait until the site goes "live" ( at that time the sign-up form will be fully functional ) or you can send me an email and I'll pass along the instructions for signing up manually.
For what it's worth, I don't believe it's necessary for those wanting an agent position to sign-up prior to the launch. There will be 1000 positions made available which should be plenty of time for those wanting to join to do so provided they act with the first couple of days.
Hope that clears it up laurenr.
scotty
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20-07-2007, 03:10 AM #70
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Scotty,
How will I know if the site is working or not to accept new sign ups? Also, can you shed some light on the difference between the $10,000 account and the $1,000 account? Thanks in advance.
Davek
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