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Nairaland Forum / Nitric's Profile / Nitric's Posts
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Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 7:29am On Jun 13, 2020 |
Trajan: Are you the same person as "Healthwellness" because I do not remember asking Trajan to send me a PM. Apart from that the latest PM I got was from profile name "Great******" |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 7:25am On Jun 13, 2020 |
dayjeee: What type of business does your company do and which part of Lagos is its office located in? |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:41pm On Jun 12, 2020 |
Chirowman: Where is your mill located? 1 Like |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:39pm On Jun 12, 2020 |
Healthwellness0: Please send me a PM |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 9:20am On Jun 12, 2020 |
Bee2011: I'm interested in this business, the only issue I have is the distance. That notwithstanding we might be able to work something out. Please share your email address or send me a PM Be aware that I will need to review your financial records for the last 24 - 36 months before I make any commitment 1 Like 1 Share |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 10:58am On Jun 11, 2020 |
Bee2011: Has you business been in operation for at least 24 months? Where is your operational facility located? |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 9:06am On Jun 10, 2020 |
boxdfrosh: Please explain how this works 1 Like |
Foreign Affairs / Re: Burundi President Pierre Nkurunziza Dies Of Heart Attack At 55 by Nitric(m): 4:10pm On Jun 09, 2020 |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 8:43pm On Jun 08, 2020 |
dealerman: Are you talking about Nigerian rice or foreign rice? |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 8:27pm On Jun 06, 2020 |
Heleex: @Nitric, This is your thread, so I don't want to derail discuss. What is your assessment of the response from @dedons.Please feel free to approach Dedons if you are also interested in the transaction. I am satisfied so far but I need to probe further to determine the nature of items to be supplied, confirm business registration, review financial records regarding previous LPOs and generally assess his experience and competency. I have sent him an email requesting further information. Are you solely able to provide the financial obligation?I am solely able to provide the financial obligation but being that this would be my first time of doing business with him I will possibly only accept to finance just a proportion (Please note that I have not yet given a firm commitment yet, I will need to conclude my due diligence before I decide whether to proceed or not) @dedons, are you able to provide financial records or balance sheet of at least 2years of operations? |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:51pm On Jun 06, 2020 |
dedons: I just sent you an email |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 12:20pm On Jun 06, 2020 |
dedons: The questions @Heleex asked are in order and it's obvious he is experienced in business/project finance. Answering these questions here will not constitute disclosure of trade secret therefore I see no reason why you want to move the conversation to WhatsApp at this stage. I have checked out your profile and it was created in 2009 therefore I'm confident you're not a scammer that is why I have taken my time to explain the importance of the questions and why you need to answer them. [quote author=Heleex post=90346475] What is the average amount of the LPO on monthly basis? Before any serious person commits to an engagement he/se would like to have an idea of the scale of the transaction. The volume also gives an indication of your experience level. What is the percentage split of profit?What is your proposed profit sharing formula with your financier? When is the normal payment for the LPO?How long will it be before the company makes payment on the invoice. Depending on the company it could range from 14 - 45 days How do you intend to mitigate the risk against investor's capital?What steps would you take to ensure that you perform the contract to specification such that the company that issued the LPO will not have any reason to unduly delay payment or make deduction for poor-performance? Are you ready to provide collateral and go through legal processes for security of investor's fund?Are you ready to sign an agreement that will set out the terms of the relationship and the obligations of each party to the transaction? Are you willing to do domiciliation of payment for the LPO to investor's account?What this means is that when making payment the client will route the payment straight to the bank account of the investor. This is a good way of ensuring that the proceeds are not diverted by you. Personally as far as I am concerned this is the most important condition and based on my previous unpleasant experience before I will never even consider financing this type of transaction no matter the ROI if domiciliation of payment into my business account is not in place! 3 Likes |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 11:55pm On May 31, 2020 |
Alkason: I have responded to your email. |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:09pm On May 31, 2020 |
fairchuks: Not interested in real estate for now, please see my reasons in my response to goakky2010 Nitric: |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:08pm On May 31, 2020 |
seyibal20: I have resent the email |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 10:16am On May 31, 2020 |
seyibal20: I just sent an email to you. |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 10:00am On May 31, 2020 |
narit: Your advise is appreciated, however I can assure you I'm not new to this 'game'. I will conduct a thorough due diligence before I part with even one Naira! 1 Like |
Celebrities / Re: John Boyega Is Against White Racists (Video) by Nitric(m): 11:11am On May 28, 2020 |
Made4naijalove: Someone should tell him to please come back home to Nigeria |
Celebrities / Re: Cynthia Morgan Finally Apologizes To Jude Okoye & her ex-manager by Nitric(m): 8:16pm On May 27, 2020 |
Very stupid girl! |
Science/Technology / Re: Seeking Person(s) With Experience In Fintech by Nitric(m): 12:43pm On May 27, 2020 |
MrMcJay: Thanks a lot for your input, it's well appreciated |
Investment / Re: Seeking Person(s) With Experience In Fintech by Nitric(m): 12:39pm On May 27, 2020 |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 1:05am On May 27, 2020 |
tensico: Financial projections are good but I think historical results carry more weight because they give an indication of the capabilities of the business and therefore serve as a basis for making realising and achievable projections because you are will be in a better position to factor in seasonal trends in revenue the revenue cycle. I would prefer to have financial records for at least 2 years |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 12:57am On May 27, 2020 |
MJay011: OK...how much would be needed for initial investment. Note that I will not part with any money unless I receive suitable collateral whose value is at least 200% of the amount I will put at stake. I am also ready to accept a monthly ROI of 15% instead of the 20% you have offered |
Investment / Re: Seeking Person(s) With Experience In Fintech by Nitric(m): 12:50am On May 27, 2020 |
Mannyemmy: So sorry, I have been very busy. I will contact you today |
Travel / Re: Russian Military Helicopter Crashes In A Fireball (Pix) by Nitric(m): 2:29pm On May 26, 2020 |
ValCon888: What you have said is true...if a helicopter looses it's tail rotor there's no chance of landing the helicopter safely! 3 Likes |
Investment / Re: Forex, The New Oil by Nitric(m): 7:20am On May 26, 2020 |
Quelle: Before you start asking people to pay you for training why don't you first show your trading results as evidence that you actually know what you're doing 2 Likes |
Music/Radio / Re: Why A Record Label Should Never Be Blamed For A Musician's Down Fall by Nitric(m): 6:46am On May 26, 2020 |
gurunlocker: Even if an upcoming artist reads the contract 100 times there is no way he's going to decline signing it cos he knows how long he's been walking the streets looking for a sponsor! 7 Likes |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 3:50pm On May 25, 2020 |
MJay011:What type of business does Jammy Digital Concept do? I'm interested in how they will earn the money with which to pay my ROI? Please note that if it's forex trading or anything that involves invincible trade then I would require quality collateral before I part with my money 1 Like |
Politics / Re: Anambra 2021: Group Adopts Dr. Godwin Maduka by Nitric(m): 3:05pm On May 25, 2020 |
Gqgqqqqw |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 2:34pm On May 25, 2020 |
tensico: How many years have you been in business? Do you have financial records for the last 2 years (By financial records I mean bank statements which prove that the company has been earning revenue) 1 Like |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 2:28pm On May 25, 2020 |
quabiodun: Has the company started earning revenue? I am not interested in putting money in a company that is still at experimental or learning stage. I want a company that needs additional working capital to scale up it's activities so it can make more money. If you can show me past results for the last 2 years then we're good to go |
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