Re: Polish-registered recyclix.com is provably a Ponzi scheme
[...]Madoff was also investing, but that was only a front for his Ponzi scheme...
Totally different scenarios. [...]Yes, totally different scenarios. And a great example of a seemingly legit business being run to camouflage a Ponzi Scheme.
[...] Why are you shouting? [...]
[...] Im shouting because you arent you people cant fucken read. [...]So? Still no reason to shout. You can't write
, but still I stay polite towards you. Please behave civil.All kidding aside; I actually like your point here: let's read (very important point indeed).
[...] so till you can PROVE they arent making profit off of recycling . which they are since a majority of their trash is FREE . come back with PROOF. Using your logic all business are ponzis
You see, I/we don't have to proof anything, we only have to read. This is basic research before anyone should invest their hard earned money in anything. And the company itself actually writes in their payment policy (accessed 20 July 2015, 09:32:25) they are a Ponzi scheme:
Quote from: https://recyclix.com/paymentPolicy/
Recyclix Sp.z o.o may merge these funds with the funds of other Users and its proprietary funds. These merged funds may be used for payments to other Users or for the sake of our mutual corporate aims or otherwise.
This is the very definition of a ponzi Scheme.
Further more; yes, any serious investor would want to read the "PROVE they [are] making profit off of recycling" as you say so eloquently. We would search for financial statements and the information on the principal/executive management to read. The failure if the company in providing this basic information is not even a red flag, it's a simple "no-go" for any serious investor.
So nothing to do with "our logic" or anything, just simple reading the facts that are provided (they run a Ponzi scheme), and not being able to read the needed information (on finance and principals).