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Wealth generators The ultimate insult: undermining my intelligence Tamarac, Florida Nationwide
Dear users, This is my first ever report . I never thought I would take the time to write one of these , but after attending a recent "seminar" I felt utterly compelled to do so. I myself am a grad student studying finance and wealth management , and attended with a friend who was interested in the company . I show up at a Hilton hotel to meet in a conference room, as I assume is similar to most experiences with seminars . The first thing out of the orators mouth : This is how wealthy people work from 8-11 am 3 days a week and play golf by noon. Ha!!!!!!! Isn't that amazing . I know a lot of hard working wealthy individuals , and I can assure you none of them got to where they are because of some pie in the sky pipe dream of working 9 hours a week . I look back into the audience , only to see a group of people who truly want to believe in what they are hearing . Whether these people are low income , non-educated, or a combination of the 2, I can't personally attest . However , what I can attest to are the so called "facts" I was receiving from the seminars leader. Glen Jenson ? The so called "founder" of the organization ? I think not . A few google searches expose this pretty quickly . And even if he is affiliated.. A few more google searches on mr. Jensen should be more than enough reason to avoid this company . I knew more about trading than the so called "expert traders" in the room, and repeatedly disputed information given throughout the seminar , only to be given run-around answers . This company claims to have "expert traders" who essentially tell you what and what not to trade. Let's keep this in mind for my next point. When I asked how many people were currently trading with them, I got the number of roughly 20,000 individuals . Naturally , I followed up with the question :" and how many are trading penny stocks ?" The answer provided was that all people must start small. Which , in fact , is true; you don't just put your life savings into the market and expect to double your money. But when I probed the question of whether or not they were conducting simple "pump and dump" exercises in the market , the leader not only became defensive , but tried to dispute my claim saying that it was not nearly enough people to affect the market. FALSE. We are talking penny stocks here , people. 20,000 people investing into 5-10 low end penny stocks at 500 dollars per individual would be more than enough to spike the prices of these shares. He continued by asking me what it is that I do , and when I replied with my credentials he quickly fell silent , and exited the conversation. Please don't do business with these people. Keep your money safe. You worked hard for it.