Go Back  PPRuNe Forums > PPRuNe Worldwide > Middle East
Reload this Page >

Can EPIs promises be kept?

Wikiposts
Search
Middle East Many expats still flying in Knoteetingham. Regional issues can be discussed here.

Can EPIs promises be kept?

Thread Tools
 
Search this Thread
 
Old 12th Jan 2009, 10:19
  #41 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,888
Received 158 Likes on 51 Posts
anyone else get a phone call early this morning asking if you want to invest? They have never rung me before and I am not an investor with them. Are they getting a little desperate?

Last edited by SOPS; 12th Jan 2009 at 10:20. Reason: finger trouble
SOPS is offline  
Old 19th Mar 2010, 16:50
  #42 (permalink)  
Thread Starter
 
Join Date: Jun 2006
Location: Dunesville
Posts: 339
Likes: 0
Received 0 Likes on 0 Posts
Have any of the promises been kept?

Many have lost or are writing off investments whilst one of the founders has bought himself an expensive new car and house and even has the gall to brag about it... At least one made some money out of it.

Still think they were trustworthy?

Last edited by Marooned; 19th Mar 2010 at 17:13.
Marooned is offline  
Old 19th Mar 2010, 17:09
  #43 (permalink)  
 
Join Date: Jan 2000
Posts: 212
Likes: 0
Received 0 Likes on 0 Posts
UPP I (UAE Property Partnership I) audited account information is due 31 Mar 2010 as per their blatant disregard of the contractual terms of the contract.

This is not the way it should have been legally (those who are shareholders should carefully read their contracts) but they arbitrarily moved the audit dates (contrary to the written contract) and irrespective of my ongoing objections.

I am a firm believer EPI International feed off the assumption they have very few EPI investors who have any business and/or contractual law knowledge. As such, they have benefited upon investors who are of 2 types:

-those who invested in the "good times" and have no clue as to where the market is currently at or where it is going, and

-those who do not "drink the kool-aid" but have a limited business background to rely upon to be critical of management decisions.

When times were good they were all over the pilots (including Ppune) but when times are more challenging they are very hesitant to provide concrete answers to my/other shareholders questions. I think this is a real indication of the depth of the management within EPI.

I am unwilling to discuss specific EPI issues on this forum as this is not an investment website.

If any of you are EPI investors and would like a forum to discuss these issues, there is one at the following:

EPIinfo.freeforums.org • Index page

Last edited by Dune; 20th Mar 2010 at 05:16.
Dune is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.