Riverland007's Posts
Nairaland Forum › Riverland007's Profile › Riverland007's Posts
1 (of 1 pages)
Agropartnership seems to be able to pay back their investors timely but I have increasingly become very skeptical about them. They always start a new investment circle when an old circle is about to mature. At this rate, this company will keep raising money and no one can really tell if they are profitable or not. I mean how do we know that the return being paid out are actually returns from the farm. I have been tracking their Holding period return and it clearly shows a decline, the company now offers mostly higher returns with longer periods. This seems like a technique to mask investment failures and yet encourage more people to invest or reinvest. I have reached out to the company to ask them for their financial statements but they did not respond. It is either this company is so good at what they do or they have allowed themselves to degenerate into a Ponzi. I dare this company to not rais money more money for the next year lets see if they can actually pay their debts when due |
1 (of 1 pages)