Imperia Invest and Chinese Whispers…

Have you ever played the game where a group of people get together and two people sidle up together, one whispers something in the others ear. Then that person turns to the next one in the group and spy-like passes on the message.

As each person in turn has their go there’s a palpable rise in tension whilst they wait to see how the original message has changed on its way round the group.

Almost without exception as the last person calls out the message they heard it’s completely different from the one that started out. And that’s the fun of the whole thing!

With Imperia Invest things aren’t so funny.

Lots of people have been hanging on patiently until the middle of July expecting that cards would start to be delivered.

And yet when you look back at the last update from May that isn’t what is said. What they said was that the banking solution would be made available by mid July. It hasn’t. But is that really such a terrible thing?

We all know that the world of banking is extremely fickle and even the smallest hiccup can slow things down. So we need to give them time to react.

The update also said that cards were being tested until the end of July so it follows that until those tests are complete any bulk issue is on hold. What if they find problems? That may again create further delay.

I know I’m sounding like something of a cheerleader here and that really isn’t my intent. I know many people are upset and angry and whilst I sympathise given that we’ve had no update from Imperia let’s not start to rant and rave just yet.

As has been said many times before if these programmes pay out then all this angst would have been wasted energy, if they don’t then we all knew the risks going in and we shouldn’t spend valuable time searching endlessly for answers that may never appear.

In essence all this speculation is online Chinese Whispers and we all do well to remember that.

Imperia Invest raise the lid a little on more details…

Once again the Imperia Invest website is up and members can login. A news update is now available and I’d recommend that all investors login to find out more.

In brief there is some clarification on how the iBanking service is being rolled out and a short explanation as to why they have to take the site offline on a regular basis. Reading the update it all seems perfectly plausible to me so if you are yet to make a purchase for your payment solution I would suggest that you get things actioned sooner rather than later.

The update does make the point that you cannot change your choice of service once purchased so you should read closely the pdf’s that describe what is on offer.

Unfortunately Imperia are not that precise about timings but at least there is an indication that once you purchase a card and your identification can be verified then your account will be funded just two weeks later.

Let’s hope that members will now be in a better position to make a decision as to whether to purchase a debit card or not. Note that if you have an account and decide not to purchase one of the debit card packages on offer your funds will be dispersed between existing account holders who have made a purchase.

QCOOPERS group in split?…

I’ve heard from a contact that the QCOOPERS Traded Endowment Plan (TEP) opportunity has met problems in the last few weeks. It appears that part of the assembled group weren’t happy with the way in which Quatro Worldwide were managing the programme and have pulled out.

As I read it this means that Quatro Worldwide has to make a decision on whether to assemble their own financial partners or wind things up. Unfortunately I can’t see any comment about this on the Quatro Worldwide website so we may need to wait a while for further clarification.

On the other side of the fence the other party, Team Themco are continuing with the programme and are in the process of establishing the member database. As far as I can make out all existing QCOOPERS policy holders will be transferred and payments honoured.

The overall effect of this change is that once the plan matures the payout will be the full value of the policy, some €91,000. Previously part of the payout was to be given in shares for other Quatro Worldwide offerings. See this post for more details.

Team Themco are currently re-designing their website to provide a gateway for policy holders to learn more. Hopefully this will be available in the next week or so.

QCOOPERS offers a twist on the RPP model…

Many online investors have come across Reverse Pension Plans (RPP) as a passive investment opportunity over the last few years. In fact, there are several either coming to a close or already closed. Frustratingly none of those that have closed to new members has yet paid out.

So, you’d probably think that my introducing another passive investment that works in something of a similar fashion to an RPP would be unwise.

And yet, I do believe QCOOPERS may just be different enough to be worth further investigation. The programme has been created in association with seven companies that have agreed to perform distinct tasks in order to succeed.

Before I get ahead of myself let me explain that QCOOPERS is just one investment opportunity being offered by Quatro Worldwide that is a company originating in Europe. If you join the main company you would be able to get involved with 4 existing opportunities and there are plans for more to be introduced on a regular basis.

However, QCOOPERS is being offered to investors who are not members of Quatro Worldwide and this means that you are able to make a relatively modest investment. Assuming that the offering is a success it is clear that other offerings from Quatro Worldwide would be of great interest and hence membership of the parent company would rise quickly.

In terms of the QCOOPERS it requires a one-off investment of €60 (payment by credit or debit card). Note that this is just an Administration fee and is not refundable. When the required number of plans are sold (30,000) then the company estimate that payouts would start between 8 and 12 weeks after.

You should know that full members of Quatro Worldwide (€195 membership fee) have the chance to purchase multiple policies at €60 each. Non-members can only invest in one.

Whilst that might sound somewhat limiting there is a carrot dangled in front of you. The 30,000 limit is actually the first of 5 phases. So, if payouts occur how quickly do you think the second phase (limited to 60,000) would take to fill. My guess would be very quickly. But you will have to be a full member to take part in stage 2 so you can see that membership could grow very quickly.

The other interesting point revolves around the payout. Assuming that you make a single investment the return is €60,000 but this is not paid out in one lump sum. You receive a lump sum payment of €11,000 and then twelve monthly payouts of €3,000. The remaining €13,000 is provided as investments in other Quatro Worldwide investments.

I won’t go into any more detail as this post is long enough already. If you would like more details I have the date and times of webinars that are scheduled between now and Monday 21 December. If you would like information please send an email to qcoopers_at_onlineinvestingguru.com (replace _at_ with @). Subject Line should be ‘More Details Please’

Imperia Invest goes quietly about its business…