Advision:


Well said bro.

I remember saying MBA forex will struggle with payments as Dec approaches because it operates as a pyramid even though it claims to be into forex trading.

Not enough people are bring in their money to bail the exiting participants, hence you hear things like delay, 1 month suspension, offline and online.

Otherwise, I'lld expect Maxwell to come out with evidence that they made loses on their forex accounts hence the delay, but he has not made such claim because he cannot back it.

Maxwell is banking on restoring confidence in the scheme by keeping it going (albeit with delays and suspensions), hoping he can lure back contributors by next year. The risk though is that the scheme would heamorrage and die from excessive withdrawals and failure to rollover from existing contributors.

Apparently Maxwell is prepared for both option, he has reduced his ownership in MBA forex to a paltry 1% and brought in "directors" who are non-residents. If Kasala burst he has a case to prove he is not the major promoter.

I have made my analysis objectively based on what I can see here, as usual I expect some people to quote me with so much bitterness and un-understandable pain

Cc: jabolo

Lol...This statements seems to be coming from someone who dines with maxwell, i presume. Isn't it funny, every naysayers seems to know every reason why MBA should fail. I have been hearing this since last year and honestly it never get old.
"Failures sees every reason why it should not work, and see no single reason why it should work"- Oscar Wild

YoungBuffet:


sombro that left his tb thread to be monitoring thread up and down, continue monitoring rodent.

He doesn't even make any reasonable contribution in that thread.

What meaningful thing can an Ogogoro freak contribute?

narit:

Lol...This statements seems to be coming from someone who dines with maxwell, i presume. Isn't it funny, every naysayers seems to know every reason why MBA should fail. I have been hearing this since last year and honestly it never get old.
"Failures sees every reason why it should not work, and see no single reason why it should work"- Oscar Wild

Bernie Madoff (arguably one of the best ponzi operator) ran it for over 10years in one of the most regulated markets on earth, so MBA trading lasting 2-3 years does not legitimize it

Advision:


Bernie Madoff (arguably one of the best ponzi operator) ran it for over 10years in one of the most regulated markets on earth, so MBA trading lasting 2-3 years does not legitimize it

You call something that changed people financial lives for a Decade, a scam?

Advision:


Bernie Madoff (arguably one of the best ponzi operator) ran it for over 10years in one of the most regulated markets on earth, so MBA trading lasting 2-3 years does not legitimize it

Thoug u did not quote me but if mba Ponzi as you call it last for 10yrs u think many people will not be lifted out of poverty? I as a person by God grace will buy up reasonable stake in a well run companies with mba money of 10yrs and that can be given me about 25m in dividend yearly till I go back to my God them my posterity takes over from there. Nothing last for ever but make use of the opportunity while u can. The investment is not for the faint hearted.

YoungBuffet:


Thoug u did not quote me but if mba Ponzi as you call it last for 10yrs u think many people will not be lifted out of poverty? I as a person by God grace will buy up reasonable stake in a well run companies with mba money of 10yrs and that can be given me about 25m in dividend yearly till I go back to my God them my posterity takes over from there. Nothing last for ever but make use of the opportunity while u can. The investment is not for the faint hearted.

You would have been right, but the thing there is ponzi does not create wealth, it only reallocates it (and not efficiently), so ponzi lasting 10 years just means it will have created more extensive financial damage to the health.

Read about Mardoff's investment schemes and the damage it caused to the US economy.

Any average joe can run a ponzi scheme, check the business and investment sections, people are offering the HYIP scrip and software codes for sale.

Once you have the website running, you just need to seed it with a little fund to pay-off the initial contributors, they will go and bring others in themselves and the chain reaction starts.

Creating wealth alternatively is a different thing, it means you take N1, and by creating value and meeting the utilities of man (time, place, form and possession), you increase the N1. Hence, only few people can be Dangote, Innoson.......... but any body with a few hundred thousand can be a successful ponzi operator

So, I don't agreed with you on this.

NB - I AM NOT SAYING MBA FOREX IS PONZI OR NOT

Resurgent2016:


You would have been right, but the thing there is ponzi does not create wealth, it only reallocates it (and not efficiently), so ponzi lasting 10 years just means it will have created more extensive financial damage to the health.

Read about Mardoff's investment schemes and the damage it caused to the US economy.

Any average joe can run a ponzi scheme, check the business and investment sections, people are offering the HYIP scrip and software codes for sale.

Once you have the website running, you just need to seed it with a little fund to pay-off the initial contributors, they will go and bring others in themselves and the chain reaction starts.

Creating wealth alternatively is a different thing, it means you take N1 and by creating value and meeting the utilities of mean, you increase the N1.

Not aware of Ponzi you are talking about, all I know is I have invested in a company and I never compelled any other person to go and invest with them. So you can call it any name you want it non of my business that is your opinion.

YoungBuffet:


Thoug u did not quote me but if mba Ponzi as you call it last for 10yrs u think many people will not be lifted out of poverty? I as a person by God grace will buy up reasonable stake in a well run companies with mba money of 10yrs and that can be given me about 25m in dividend yearly till I go back to my God them my posterity takes over from there. Nothing last for ever but make use of the opportunity while u can. The investment is not for the faint hearted.

I guess this is the problem with most people in life and why some will remain at that financial mediocre level for life. They are too attached to their money and cannot bear the thought of losing it. Hence, they create an illusions for themselves, only to put it in things that will last forever.LOL....Those illusions are there to protect them from themselves even though deep down we all know better. Nothing last forever! Things are changing every seconds and it even changing rapidly in today world. Skills that are once sought after are becoming obsolete.

If you keep on living in that illusions to protect yourself from the risk of bearing financial pain, this is what i can assure, you are never going to live the life you deserve. Honestly, i know it is tough, at least do it for the people you love. I pray you have the courage to struggle well and make your life as great as it can be.
"Every failure in life, as it own equivalent advantage"- Napoleon Hill

YoungBuffet:


Not aware of Ponzi you are talking about, all I know is I have invested in a company and I never compelled any other person to go and invest with them. So you can call it any name you want it non of my business that is your opinion.

Na wa o, I am not talking MBA forex, I was just responding suggestion that ponzi can develop the county. I am not quarreling with anybody over MBA forex, if they like they do it.

Qasak:
Transaction Type CREDIT ALERT
Transaction Amount 712,500.00
Transaction Currency NGN
Account Number 2XX..33X
Transaction Narration TNF-MBA TRAD.&CAP.INV. LTD-ELIOZU/MBA BEN 3RD NOV

Just drop just now.

You due date was 3rd November?

Any logical/critique post on this group is termed anti-MBA

Resurgent2016:


Na wa o, I am not talking MBA forex, I was just responding suggestion that ponzi can develop the county. I am not quarreling with anybody over MBA forex, if they like they do it.

Nkaluu800:


You due date was 3rd November?

It used to be 4th but since last month it changed to 3rd.

YoungBuffet:


Thoug u did not quote me but if mba Ponzi as you call it last for 10yrs u think many people will not be lifted out of poverty? I as a person by God grace will buy up reasonable stake in a well run companies with mba money of 10yrs and that can be given me about 25m in dividend yearly till I go back to my God them my posterity takes over from there. Nothing last for ever but make use of the opportunity while u can. The investment is not for the faint hearted.

For every gain you make from ponzi, it becomes someone else's loss when the scheme fails, theres nothing good about such.

As usual, I expect you to start another round of insult

I come in peace

Advision:


For every gain you make from ponzi, it becomes someone else's loss when the scheme fails, theres nothing good about such.

As usual, I expect you to start another round of insult

I come in peace

And people are suppose to take advice from you ?

You that cannot even admit in a faceless forum that you have lost money before when you were actively promoting MMM on Nairaland ?

We would rather take advice from someone that is NOT ASHAMED to tell us that he has lost money before.

Then we would know that at least he cares and he is speaking from experience.

You and Jabolo (TheOutsider) are such fake people that only a fool would take your words seriously

You are a Bloody Liar and should not be taken seriously.

ekpemina007:


Wow congrats bro

I haven't gotten it yet.

Where is your branch??

Abuja

narit:

You call something that changed people financial lives for a Decade, a scam?

It's a scam if it robs Peter to pay Paul.

Qasak:

It used to be 4th but since last month it changed to 3rd.

Eliozu branch port Harcourt right?

50nizzy:


And people are suppose to take advice from you ?

You that cannot even admit in a faceless forum that you have lost money before when you were actively promoting MMM on Nairaland ?

We would rather take advice from someone that is NOT ASHAMED to tell us that he has lost money before.

Then we would know that at least he cares and he is speaking from experience.

You and Jabolo (TheOutsider) are such fake people that only a fool would take your words seriously

You are a Bloody Liar and should not be taken seriously.

Mr Truthsayer, my records are here on nairaland, show me where have I ever promoted MMM or any type of ponzi?

My only misfortune is listening to people like you way back then when MMM was around , it's all good though it has made me a better person and that is why I can more easily identify a ponzi when I see one, and I can tell there are better ways to financial freedom than ponzi.

So, other here who don't want to suffer the same fate many suffer with MMM, I will advice they desist.

Many of them attacking me here, are scared they may never fully recover their money (one is even under the illusion MBA forex will run for 10 years ). I weep for you, go and check any of your mentors and see who made it through ponzi or shady HYIP (lazy nigerian yoots )

Advision:


Mr Truthsayer, my records are here on nairaland, show me where have I ever promoted MMM or any type of ponzi?

My only misfortune is listening to people like you way back then when MMM was around , it's all good though it has made me a better person and that is why I can more easily identify a ponzi when I see one, and I can tell there are better ways to financial freedom than ponzi.

So, other here who don't want to suffer the same fate many suffer with MMM, I will advice they desist.

Many of them attacking me here, are scared they may never fully recover their money (one is even under the illusion MBA forex will run for 10 years ). I weep for you, go and check any of your mentors and see who made it through ponzi or shady HYIP (lazy nigerian yoots )

Shut up your mouth and hide your face in shame.

The very fact that you came here and told us initially that you were just a spectator in MMM betrays any message you are now trying to convey.

If I had not expose your Hypocrisy, that is how you would be deceiving people that you had nothing to do with MMM when in-fact you made your first million naira in that scheme, while you were busy with different monikers promoting it on Nairaland.

Now you want to push the ball to me as one of the promoters of MMM ? ----- You are very funny.

Young man, you have made your points and it is noted. To avoid further embarrassment, why don't you allow risk takers to take risk.

You and Jabolo (TheOutsider) claim to warning off new Investors, why don't you guys warn off Hypocrisy from your lives ?

Only a Foolish person would listen to Hypocrites.

And if MBA collapse today, be rest assured that nobody would cry to your house for help, the same way you never cried to anyone for help when MMM Collapsed.

narit:

I guess this is the problem with most people in life and why some will remain at that financial mediocre level for life. They are too attached to their money and cannot bear the thought of losing it. Hence, they create an illusions for themselves, only to put it in things that will last forever.LOL....Those illusions are there to protect them from themselves even though deep down we all know better. Nothing last forever! Things are changing every seconds and it even changing rapidly in today world. Skills that are once sought after are becoming obsolete.

If you keep on living in that illusions to protect yourself from the risk of bearing financial pain, this is what i can assure, you are never going to live the life you deserve. Honestly, i know it is tough, at least do it for the people you love. I pray you have the courage to struggle well and make your life as great as it can be.
"Every failure in life, as it own equivalent advantage"- Napoleon Hill

Hello Sir, I must say you are a wise fellow! I just sent you a PM and I would love to connect with you.

Nkaluu800:


Eliozu branch port Harcourt right?

No Benin city.

Billw:


Went to their PH Eliozu branch today..we were told to add 14 days to our roi due date inorder to know when to expect roi...so if ur due date is 8th add 14 days to that

I'm 2nd November eliozu branch but I'm currently in abuja. Na e be say my money go show on monday. I've been planning that if I dont get my money by Wednesday next week, their abuja office will hear it for. I'll enter that office on Wednesday and no work will go on their till I get my money and terminate my investment. What a shitty company. I invest in ph and have to go to ph to terminate. They're mad. Abuja is their head office. Dey go hear am.
Screenshot this u all. This is a scheme in its last days. These delays started from 1day, it graduated to 2days, it graduated to 3days. Now 2weeks MBA wont pay.
Sad.

Dissatisfied folks show meet Maxwell on Instagram by 6pm today. He is ready to answer all unanswered questions. Time again is 6pm, meet him there and leave Nairaland alone.

mbatradingcil

live

Ok. I’m back from instagram live.

I was unable to connect, who did? Any good news?

I did, good news.
Doubters can now rest

MBA, we move!

All issues will be resolved before Jan 1

emmanuelgon:
I was unable to connect, who did? Any good news?

Vodina West, God bless you

When are we getting paid . Any info for 5th November payment. I logged onto the Instagram discussion but the network was horrible as I couldn't hear anything.

akinonigbinde:
I did, good news.
Doubters can now rest

MBA, we move!

Is it through that online investors do not experience delay in payment

Moda1:
When are we getting paid . Any info for 5th November payment. I logged onto the Instagram discussion but the network was horrible as I couldn't hear anything.

Vodina West simply said, add 7 to 14 days maximum to your due date.

And for the online, she said it's a smooth ride and it will continue to be