accelriskconsult wrote:TNT wrote:mkeiyd wrote:Naysayers,is it so hard to let one be? Why label someone names just coz you don't agree with their proposal?
TNT do your thing.
Cows must drink as toads do their thing.
@ mkeiyd; Thank you for the words of encouragement. I really appreciate it. As you may have realized, many Wazuans are actually enemies of development. Their primary purpose for being on Wazua is to prevent others from achieving success. For them, its all talk and no action. For example, the guy who claims a POTENTIAL 50% p.a. ROI is not sufficient yet does not offer an alternative investment option. That is the kind of cheap talk that is pervasive on Wazua.
Fortunately, I learned that about four years ago now. Indeed, "Cows must drink as toads do their thing."
The point I raised is your business' risk profile. You clearly cannot access funds from the bank at this time because you have a loan.
That means that you have borrowed to the limit that your assets can cover.
That is why I think that a 50% ROI may not be enough to convince me to take up the risk.
It is your work to convince me and any other investor that the 2m invested with you will not be lost and that in fact the 25% ROI that you are offering is good enough cover for the risk I am taking.
Instead you have lost focus and are instead talking about me offering an alternative and caling everyone with questions a naysayer.
Some of us are still recovering from lending on similar circumstances so any prospective borrower must be thoroughly vetted.
@ accelriskconsult: Assumptions are the mother of all f*** ups. Money talks, bullshit walks. Anyway, enough with the cliches.
Again, if a potential 50% ROI is not enough to satisfy your
GREED, please invest your money elsewhere. In fact, since the Risk/Reward ration is too high for you, please
DO NOT INVEST WITH ME. Ironically, if your main concern is to vet my investment opportunity, why are you keen on negotiating the potential 50% pa. return?
Finally, you have conveniently failed to point out that
I WANT the money and
not NEED it. If the business were to NEED the money, I would be able to secure a bank loan. Alternatively, I would have no problems just sitting back and waiting for KPLC to cut me a check after 6 months.
While the company is not anywhere near the red zone in terms of finances, it wouldn't hurt us if we were able to make a few extra bucks, if we can find suitable investors. If we cannot, we'll just proceed at our normal pace.
All said, let me offer you a final win-win solution: Please invest your money on another investment that offer higher returns than what I am offering. And when you find such an opportunity, I'm sure many more Wazuans would be happy to join you.