NZJ Holdings Inc (NZIH)

[famulus]

There are tax sheltered annuity products that have a 100% principal guarantee as a death benefit, but they are really a life insurance product bundled with an investment vehicle, and the fee for the "protection" is steep, about 1.5% per year. Also, the investor has no control whatsoever over the fund's investment decisions.

Nobody could, or would insure people against bad individual decisions, so the exchange is fraudlent on it's face.

It's amazing what CMKX culties will believe. They have no concept of the financial and regulatory hoops that would have to be leaped through in order to found a new exchange. But what do you expect; they routinely invest in companies that go from soy milk and porn businesses to being mining powerhouses in the twinkle of a PR.

The CIM "IPO" claim is particularly amusing. They ignore the fact that any public offering requires a SEC form 10 filing, complete with audited financial information and an offering prospectus, with a minimum period before the offering of 90 days. Most take much longer.