MoneymovesAsia - Some Updates

February 28, 2007 - 9:09am | author: kianady |

Chris, MoneymovesAsia updates via HYIPDiscussion on how they're doing,

Updates:

S'Save = Feb sales target was $33-35K, we blew that away, it is revised up to $37,000-$38,000, which represents an increase of 40% over January revenue and nearly 400% in just 5 months. We are now nearly 60 full-time employees. March Sales estimates are $43-45K.

We are currently doing pre-audit accounting and preperations for becoming a publicly traded company.

MoneyMoves Freight: We have just moved the truck back to the truck lot that we orginally purchased the truck from, they expect it to sell quickly and very close to the price we paid for it, we will disburse the funds as soon as we receive them.

MoneyMoves Trading: Currently we do not have a trader and no funds under management and thus no income to payout to investors. We cannot liquidate this investment because it is just a website at the moment with very little value, we hope to find a good trader in the coming months and a person to run it so we will once again have profits for investors.

General Fund We have decreased our debt in the general fund from $36,000 to about $11,000 now through settlements, conversions and refunds, and will continue to reduce our debt.

From the looks of it, he seems to be a good business man, but bad when it comes to managing his members. And maybe MMA diversed too much too. My personal opinion.



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