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Cytonn Listing at NSE
Swenani
#51 Posted : Wednesday, June 27, 2018 11:51:38 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
quicksand wrote:
poundfoolish wrote:
So how long again are people giving Cytonn to fail?

next 5years? 10? 15? 20?


For context, the Bernard L. Madoff Investment Securities LLC 65 billion USD black hole was founded in 1960.
It took SEC 48 years to catch up to old Bernard's tricks. 48 years.
Just saying...
Pile in and laugh ...or cry smile smile


we would have made enough money to start another mini "ponzi"

Cytonn is as solid as the earth's crust
If Obiero did it, Who Am I?
tom_boy
#52 Posted : Wednesday, June 27, 2018 12:19:13 PM
Rank: Member

Joined: 2/20/2007
Posts: 767
Swenani wrote:
quicksand wrote:
poundfoolish wrote:
So how long again are people giving Cytonn to fail?

next 5years? 10? 15? 20?


For context, the Bernard L. Madoff Investment Securities LLC 65 billion USD black hole was founded in 1960.
It took SEC 48 years to catch up to old Bernard's tricks. 48 years.
Just saying...
Pile in and laugh ...or cry smile smile


we would have made enough money to start another mini "ponzi"

Cytonn is as solid as the earth's crust


The way I see it,Cytonn CMS is a ponzi scheme. They take money from Paul to pay Peter interest. Meanwhile, they promise Paul and Peter that there is a kaplot they are developing from which the interest will come from. In actuall fact, the kadevelopment is owned by a hedge fund and a few other individuals. If this kadevelopment does not work out, the CMS members are cooked. The hedge fund will probably run off with the assets.

It all comes down to whether their real estate plans pan out in the hoped for time frame and also that public goodwill remains to continue funding the ponzi CMS. If public get tired / disillusioned, it will be game over. This means alot of time and energy must be spent on PR.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
murchr
#53 Posted : Wednesday, June 27, 2018 1:42:05 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
tom_boy wrote:
Swenani wrote:
quicksand wrote:
poundfoolish wrote:
So how long again are people giving Cytonn to fail?

next 5years? 10? 15? 20?


For context, the Bernard L. Madoff Investment Securities LLC 65 billion USD black hole was founded in 1960.
It took SEC 48 years to catch up to old Bernard's tricks. 48 years.
Just saying...
Pile in and laugh ...or cry smile smile


we would have made enough money to start another mini "ponzi"

Cytonn is as solid as the earth's crust


The way I see it,Cytonn CMS is a ponzi scheme. They take money from Paul to pay Peter interest. Meanwhile, they promise Paul and Peter that there is a kaplot they are developing from which the interest will come from. In actuall fact, the kadevelopment is owned by a hedge fund and a few other individuals. If this kadevelopment does not work out, the CMS members are cooked. The hedge fund will probably run off with the assets.

It all comes down to whether their real estate plans pan out in the hoped for time frame and also that public goodwill remains to continue funding the ponzi CMS. If public get tired / disillusioned, it will be game over. This means alot of time and energy must be spent on PR.


Exactly.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
obiero
#54 Posted : Wednesday, June 27, 2018 2:08:19 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,251
Location: nairobi
murchr wrote:
tom_boy wrote:
Swenani wrote:
quicksand wrote:
poundfoolish wrote:
So how long again are people giving Cytonn to fail?

next 5years? 10? 15? 20?


For context, the Bernard L. Madoff Investment Securities LLC 65 billion USD black hole was founded in 1960.
It took SEC 48 years to catch up to old Bernard's tricks. 48 years.
Just saying...
Pile in and laugh ...or cry smile smile


we would have made enough money to start another mini "ponzi"

Cytonn is as solid as the earth's crust


The way I see it,Cytonn CMS is a ponzi scheme. They take money from Paul to pay Peter interest. Meanwhile, they promise Paul and Peter that there is a kaplot they are developing from which the interest will come from. In actuall fact, the kadevelopment is owned by a hedge fund and a few other individuals. If this kadevelopment does not work out, the CMS members are cooked. The hedge fund will probably run off with the assets.

It all comes down to whether their real estate plans pan out in the hoped for time frame and also that public goodwill remains to continue funding the ponzi CMS. If public get tired / disillusioned, it will be game over. This means alot of time and energy must be spent on PR.


Exactly.

Who has time to effect analysis on this piece of crap?

tom_boy
#55 Posted : Wednesday, June 27, 2018 3:29:15 PM
Rank: Member

Joined: 2/20/2007
Posts: 767
obiero wrote:
murchr wrote:
tom_boy wrote:
Swenani wrote:
quicksand wrote:
poundfoolish wrote:
So how long again are people giving Cytonn to fail?

next 5years? 10? 15? 20?


For context, the Bernard L. Madoff Investment Securities LLC 65 billion USD black hole was founded in 1960.
It took SEC 48 years to catch up to old Bernard's tricks. 48 years.
Just saying...
Pile in and laugh ...or cry smile smile


we would have made enough money to start another mini "ponzi"

Cytonn is as solid as the earth's crust


The way I see it,Cytonn CMS is a ponzi scheme. They take money from Paul to pay Peter interest. Meanwhile, they promise Paul and Peter that there is a kaplot they are developing from which the interest will come from. In actuall fact, the kadevelopment is owned by a hedge fund and a few other individuals. If this kadevelopment does not work out, the CMS members are cooked. The hedge fund will probably run off with the assets.

It all comes down to whether their real estate plans pan out in the hoped for time frame and also that public goodwill remains to continue funding the ponzi CMS. If public get tired / disillusioned, it will be game over. This means alot of time and energy must be spent on PR.


Exactly.

Who has time to effect analysis on this piece of crap?


To invest in cytonn , I would need to know who exactly owns the real estate aspect, in what proportions and how did they get those proportions. A proper audit of this may reveal much. Do we have some shadowy owners of the real estate arm. How does the CMS invest in the real estate arm. Does the CMS acquire shares in the real estate arm periodically as more people invest and the shares are held collectively until project is sold. I did not hear this mentioned in Dandes presentation at Rich.co.ke seminar. It is implied but never expressely stated. This makes the CMS very shadowy.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
obiero
#56 Posted : Wednesday, June 27, 2018 4:42:12 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,251
Location: nairobi
tom_boy wrote:
obiero wrote:
murchr wrote:
tom_boy wrote:
Swenani wrote:
quicksand wrote:
poundfoolish wrote:
So how long again are people giving Cytonn to fail?

next 5years? 10? 15? 20?


For context, the Bernard L. Madoff Investment Securities LLC 65 billion USD black hole was founded in 1960.
It took SEC 48 years to catch up to old Bernard's tricks. 48 years.
Just saying...
Pile in and laugh ...or cry smile smile


we would have made enough money to start another mini "ponzi"

Cytonn is as solid as the earth's crust


The way I see it,Cytonn CMS is a ponzi scheme. They take money from Paul to pay Peter interest. Meanwhile, they promise Paul and Peter that there is a kaplot they are developing from which the interest will come from. In actuall fact, the kadevelopment is owned by a hedge fund and a few other individuals. If this kadevelopment does not work out, the CMS members are cooked. The hedge fund will probably run off with the assets.

It all comes down to whether their real estate plans pan out in the hoped for time frame and also that public goodwill remains to continue funding the ponzi CMS. If public get tired / disillusioned, it will be game over. This means alot of time and energy must be spent on PR.


Exactly.

Who has time to effect analysis on this piece of crap?


To invest in cytonn , I would need to know who exactly owns the real estate aspect, in what proportions and how did they get those proportions. A proper audit of this may reveal much. Do we have some shadowy owners of the real estate arm. How does the CMS invest in the real estate arm. Does the CMS acquire shares in the real estate arm periodically as more people invest and the shares are held collectively until project is sold. I did not hear this mentioned in Dandes presentation at Rich.co.ke seminar. It is implied but never expressely stated. This makes the CMS very shadowy.

Shadowy or Ponzi??

whiteowl
#57 Posted : Wednesday, June 27, 2018 7:18:04 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
obiero wrote:
tom_boy wrote:
obiero wrote:
murchr wrote:
tom_boy wrote:
Swenani wrote:
quicksand wrote:
poundfoolish wrote:
So how long again are people giving Cytonn to fail?

next 5years? 10? 15? 20?


For context, the Bernard L. Madoff Investment Securities LLC 65 billion USD black hole was founded in 1960.
It took SEC 48 years to catch up to old Bernard's tricks. 48 years.
Just saying...
Pile in and laugh ...or cry smile smile


we would have made enough money to start another mini "ponzi"

Cytonn is as solid as the earth's crust


The way I see it,Cytonn CMS is a ponzi scheme. They take money from Paul to pay Peter interest. Meanwhile, they promise Paul and Peter that there is a kaplot they are developing from which the interest will come from. In actuall fact, the kadevelopment is owned by a hedge fund and a few other individuals. If this kadevelopment does not work out, the CMS members are cooked. The hedge fund will probably run off with the assets.

It all comes down to whether their real estate plans pan out in the hoped for time frame and also that public goodwill remains to continue funding the ponzi CMS. If public get tired / disillusioned, it will be game over. This means alot of time and energy must be spent on PR.


Exactly.

Who has time to effect analysis on this piece of crap?


To invest in cytonn , I would need to know who exactly owns the real estate aspect, in what proportions and how did they get those proportions. A proper audit of this may reveal much. Do we have some shadowy owners of the real estate arm. How does the CMS invest in the real estate arm. Does the CMS acquire shares in the real estate arm periodically as more people invest and the shares are held collectively until project is sold. I did not hear this mentioned in Dandes presentation at Rich.co.ke seminar. It is implied but never expressely stated. This makes the CMS very shadowy.

Shadowy or Ponzi??


AKS said its "opaque". Very notable statement especially coming from him.
Swenani
#58 Posted : Thursday, June 28, 2018 9:49:42 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
obiero wrote:
tom_boy wrote:
obiero wrote:
murchr wrote:
tom_boy wrote:
Swenani wrote:
quicksand wrote:
poundfoolish wrote:
So how long again are people giving Cytonn to fail?

next 5years? 10? 15? 20?


For context, the Bernard L. Madoff Investment Securities LLC 65 billion USD black hole was founded in 1960.
It took SEC 48 years to catch up to old Bernard's tricks. 48 years.
Just saying...
Pile in and laugh ...or cry smile smile


we would have made enough money to start another mini "ponzi"

Cytonn is as solid as the earth's crust


The way I see it,Cytonn CMS is a ponzi scheme. They take money from Paul to pay Peter interest. Meanwhile, they promise Paul and Peter that there is a kaplot they are developing from which the interest will come from. In actuall fact, the kadevelopment is owned by a hedge fund and a few other individuals. If this kadevelopment does not work out, the CMS members are cooked. The hedge fund will probably run off with the assets.

It all comes down to whether their real estate plans pan out in the hoped for time frame and also that public goodwill remains to continue funding the ponzi CMS. If public get tired / disillusioned, it will be game over. This means alot of time and energy must be spent on PR.


Exactly.

Who has time to effect analysis on this piece of crap?


To invest in cytonn , I would need to know who exactly owns the real estate aspect, in what proportions and how did they get those proportions. A proper audit of this may reveal much. Do we have some shadowy owners of the real estate arm. How does the CMS invest in the real estate arm. Does the CMS acquire shares in the real estate arm periodically as more people invest and the shares are held collectively until project is sold. I did not hear this mentioned in Dandes presentation at Rich.co.ke seminar. It is implied but never expressely stated. This makes the CMS very shadowy.

Shadowy or Ponzi??


A person invested in KQ is not worth commenting on matters cytonn unless s/he is advising himuseluf
If Obiero did it, Who Am I?
Pure millioneare(PM)
#59 Posted : Thursday, June 28, 2018 1:08:09 PM
Rank: Member

Joined: 11/1/2008
Posts: 38
I just pushed another 3.5M to Cytonn CMS...As people keep talking. The talk is very good because it makes Cytonn not sleep on theire laurels. I have never missed my interest payment for the last 3 years!!!!
In KQ, we knew everything, everybody, ownership e.t.c But we still got burnt and shares cut into 4! In Uchumi, the same happenned despite knowing everything including lies in their books.
sparkly
#60 Posted : Thursday, June 28, 2018 1:19:03 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Pure millioneare(PM) wrote:
I just pushed another 3.5M to Cytonn CMS...As people keep talking. The talk is very good because it makes Cytonn not sleep on theire laurels. I have never missed my interest payment for the last 3 years!!!!
In KQ, we knew everything, everybody, ownership e.t.c But we still got burnt and shares cut into 4! In Uchumi, the same happenned despite knowing everything including lies in their books.


Hehehe watu wa pesa nyingi hawaringi
Life is short. Live passionately.
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