Friday, March 30, 2007 4:16:44 PM
And guess what .... New Trends is another of the websites that this group set up this past month and our friend John is the head of this company too!!! Busy, busy ..
Looks to me to be a real conflict of interest.
"Investment opportunities
The corporation has initiated the issuance of 5,000,000 shares of its Class D Stock, at a fixed price of $2.70 per share. These shares will distribute annual dividends to the shareholders.
The investment program is directly tied to a financial licensing agreement between Trimax Capital Group LTD and NewTrends Franchise Group Co. (NTFG) a Florida Corporation that is in process to be listed on the OTC Bulletin Board.
The License agreement allows Trimax to raise the working capital by offering 1 class D share of its private equity at a price of $2.70 per share, and for each share purchased the investor will receive 2 common shares of NTFG upon its commencement of trading as a rolled in term of the afore-mentioned license agreement.
The fund raising target of $13,750,000 in equity will remain as an asset to be leveraged, by obtaining structured notes with high interest. The proceeds from the notes will be reinvested in high-yield projects, on a case-by-case basis.
Other forms of assets, such as proven reserves and other tangible assets, will be utilized to provide additional proceeds from structured notes."
imo
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