Proffesor Posted July 11, 2019 Share Posted July 11, 2019 I'm on a fishing expedition. Does anyone know of / have experience with, either of these organizations, please ? I believe that back in 2009 one of the originating businesses may have been "OxiGen" Please feel free to P.M. me. Thanks in anticipation. The Proffesor Link to comment Share on other sites More sharing options...
Thai Spice Posted July 11, 2019 Share Posted July 11, 2019 I was approached by them in HKG. You know, the expat financial adviser with a fantastic offer. They are growing some precious wood (agarwood) and also making some oil that is used for perfumes. The idea is you buy trees (saplings or full grown) and then then receive dividents yearly, etc... I digged a bit into it, did some research on the net, even visited their HKG office (pretty glamour and fancy place, which is already a red flag..) I asked a serie of question about certificates of ownership, liquidity of resale market, organisation chart, etc.... Was not interested but digged just for the fun. To many red flags. Ran in some regulatory problems in SGP. Glamorous office, organise expensive "plantation visits" for investors so you can "see your treez", etc .... When I highlighted that gen expenses look high to me, no answer. Checked their Glassdoor reputation, several ex employees posted a bit of "insight" Conclusion : stay away. Better places to put your money. Link to comment Share on other sites More sharing options...
KWA Posted July 11, 2019 Share Posted July 11, 2019 A UK based financial forum throws up a couple of links. OxiGen in the first one, Plantation Assets in the second. https://forums.moneysavingexpert.com/showthread.php?p=75611167 https://forums.moneysavingexpert.com/showthread.php?t=4747159 Don't just stay away, run away. Link to comment Share on other sites More sharing options...
Stillearly Posted July 11, 2019 Share Posted July 11, 2019 I remember these company names from an old thread over on Secrets .... If there isn't much info about them In the public domain then I would keep well away .... Link to comment Share on other sites More sharing options...
Steelers4Life Posted July 11, 2019 Share Posted July 11, 2019 I'll stick with betting on football and the occasional trip up to Atlantic City. If I am going to throw my money around and lose, at least I can blame myself, not some shyster farangs in SEA. 1 2 Link to comment Share on other sites More sharing options...
Thai Spice Posted July 12, 2019 Share Posted July 12, 2019 No answer from O.P. ? Did we just kill another business plan here ? 🤣🤣😂😂😂 Link to comment Share on other sites More sharing options...
fygjam Posted July 13, 2019 Share Posted July 13, 2019 On 7/11/2019 at 5:49 PM, Proffesor said: I'm on a fishing expedition. Link to comment Share on other sites More sharing options...
Proffesor Posted February 11, 2020 Author Share Posted February 11, 2020 Update. After extended negotiations with Executives based here in Bangkok, an agreement has been reached whereby the return on my original investment is to be paid. Thank-you all for your insights. 1 2 Link to comment Share on other sites More sharing options...
code_slayer_bkk Posted February 11, 2020 Share Posted February 11, 2020 ^^^^ How much baht did you forfeit ( lose ) ? Link to comment Share on other sites More sharing options...
Proffesor Posted February 12, 2020 Author Share Posted February 12, 2020 Nothing "lost" as yet. Not going to give details at this stage, other than to repeat that an agreement has been reached whereby my original investment, plus a return, is to be paid. Link to comment Share on other sites More sharing options...
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