Green oil Plantations

zippot

I was wondering has anyone heard about green oil plantations they are offering 80% return in 5 years thats 16% per year.
Apparently they have plantations in Queensland Australia that are insured against drought flood and fire.
I am from the school of (if it sounds to good to be true then its not)
but I am wondering ??

Reaper

I guess the main risk is will the company still be around in 5 years to buy the trees back off you as promised?

dtsazza

Having looked at the brochure there don't appear to be any obvious catches.

However, the fundamental question remains - if they truly believe in the success of this venture, and are a reputable company, why are they taking out loans from multiple private investors at 16% interest instead of getting a single, cheaper line of credit from a bank? That's what makes no sense to me, as it implies that they cannot raise capital more cheaply than paying a 16% yield*. Massive red flag right there, which until explained would be a firm reason not to part with anything.

*Or they intend to exploit a loophole to avoid paying out, and the high interest is merely to attract more individual investors. I wonder if some sort of "hollywood accounting" ploy is in the pipeline, whereby Green Oil Plantations deliberately goes bankrupt in such a way that their assets and profits pass on to a separate company owned by the same people.

Rollinghome

A few years ago it was ostrich farms. http://www.independent.co.uk/news/uk/this-britain/ostrich-farmers-who-fooled-celebrities-police-and-lawyers-are-jailed-for-fraud-715404.html

Scams that work best always sound plausible.

Biggles

zippot wrote: »

Apparently they have plantations in Queensland Australia that are insured against drought flood and fire.

Struth, what are the trees made of, stainless steel?

zippot

Yes I thought it sounded to good to be true!!
I may kick myself in the future if it goes global and is another microsoft
But my money is hard earned and it aint gonna be easy lost .
thanks again for your wise comments.
Zippot
:beer:

guy356

Interested to see this post.

We are an independent company that carries out due diligence and investment selection on behalf of financial advisory and wealth management firms. If you want an informed and thorough opinion on this product and access to our due diligence please feel free to contact me; we have reviewed the fundamentals of the investment and the security for the investor in great detail before recommending this to the aforementioned firms.

jimjames

guy356 wrote: »

Interested to see this post.

We are an independent company that carries out due diligence and investment selection on behalf of financial advisory and wealth management firms. If you want an informed and thorough opinion on this product and access to our due diligence please feel free to contact me; we have reviewed the fundamentals of the investment and the security for the investor in great detail before recommending this to the aforementioned firms.

And your company name would be?

Forgive me for being cynical but if you post your company name it will give you a little more credibility.