Post by Hairbear on Dec 7, 2015 16:59:45 GMT
sent to fs friday 4th dec
Hello
I wrote to you some time ago with regards to operating a secondary market ,giving investors the opportunity to sell there holding if they needed to exit an investment before the completion date.
Happily you have now put this in place ,and it is up and running and should give serious long term investors, i.e. me, an opportunity to expand their investments.
However.... i cannot believe that some bright spark at funding secure has come up with the ridiculous PREMIUM/DISCOUNT idea, not many in there offering the discount side i notice, in fact zero amount of investors offering a discount, what you have succeeded in creating is a system where a large bunch of people can make a “quick buck” via the PREMIUM option, rather than attracting serious investors who would help your business grow.
You state clearly that fundingsecure does not charge any fees for transactions on the secondary market, so why create this situation?
I have invested in numerous different pitches over the last year or so, always with the intention of full term investment, however that is now almost impossible due to the mad “scramble to invest” that you have created, you now have dubious investors piling in before legitimate investors can get in, and placing there investment straight onto the secondary market with a minimum 1% PREMIUM as i stated at the outset “to make a quick buck”.
You have investors on your secondary market trying to sell their investment at a premium and leaving the “Investor” in some cases, with interest accumulation of 0.34% , and then due to this stupid set up, you have had to place a warning on the site that investors may receive less at the end of the term than they had originally invested, this is a disaster waiting to happen, at some point an investor is unwittingly going to lose money and splash it all over the forum sites and create the kind of advertising you do not need, this is the kind of business set up that usually ends up on TV, with programs such as “Rip off Britain” or “Watchdog”
Why have you got this silly PREMIUM/DISCOUNT in place, the quicker it is removed the better, if an investor needs to exit their investment then they should receive their investment + accrued interest up to the exit date, with the buyer then receiving interest from the purchase date, its simple really.
Please do the right thing and remove the PREMIUM/DISCOUNT option asap, and build your business based upon serious investors, instead of people who see your site as an opportunity to make quick easy money.
A not very happy
BUNNY
REPLY TO FOLLOW......
Hello
I wrote to you some time ago with regards to operating a secondary market ,giving investors the opportunity to sell there holding if they needed to exit an investment before the completion date.
Happily you have now put this in place ,and it is up and running and should give serious long term investors, i.e. me, an opportunity to expand their investments.
However.... i cannot believe that some bright spark at funding secure has come up with the ridiculous PREMIUM/DISCOUNT idea, not many in there offering the discount side i notice, in fact zero amount of investors offering a discount, what you have succeeded in creating is a system where a large bunch of people can make a “quick buck” via the PREMIUM option, rather than attracting serious investors who would help your business grow.
You state clearly that fundingsecure does not charge any fees for transactions on the secondary market, so why create this situation?
I have invested in numerous different pitches over the last year or so, always with the intention of full term investment, however that is now almost impossible due to the mad “scramble to invest” that you have created, you now have dubious investors piling in before legitimate investors can get in, and placing there investment straight onto the secondary market with a minimum 1% PREMIUM as i stated at the outset “to make a quick buck”.
You have investors on your secondary market trying to sell their investment at a premium and leaving the “Investor” in some cases, with interest accumulation of 0.34% , and then due to this stupid set up, you have had to place a warning on the site that investors may receive less at the end of the term than they had originally invested, this is a disaster waiting to happen, at some point an investor is unwittingly going to lose money and splash it all over the forum sites and create the kind of advertising you do not need, this is the kind of business set up that usually ends up on TV, with programs such as “Rip off Britain” or “Watchdog”
Why have you got this silly PREMIUM/DISCOUNT in place, the quicker it is removed the better, if an investor needs to exit their investment then they should receive their investment + accrued interest up to the exit date, with the buyer then receiving interest from the purchase date, its simple really.
Please do the right thing and remove the PREMIUM/DISCOUNT option asap, and build your business based upon serious investors, instead of people who see your site as an opportunity to make quick easy money.
A not very happy
BUNNY
REPLY TO FOLLOW......
