Nov 282008

Thankful for God’s blessings every day, even for the things I take for granted. Good turkey, too.

Nov 262008

Finanzas Forex recently sent out a communiqué, advising everyone that thay have nothing to do with GrupoSafengo.com, apparently an investment website. On their “Terms and Conditions” page, GrupoSafengo states that they are listed commercially as “Evolution Market Group, inc”. It seems like Safengo is registered with that name in Colombia, while FFx is registered in Panama… It’s strangely suspicious that Grupo Safengo would want to use the exact same name of a company that does the exact same thing they do. Reminds me of the “Abibas” shoes they sell at the flea market.

Finanzas Forex has been up to alot lately. They’ve lately required that every investor revise and sign a contract, and it’s rumored that they already have aquired a bank, and will finally have a defined place to send money to. It’s also rumored that Finanzas Forex is going to close itself off to new investors, and create a satellite company that will have all of the licenses needed to operate in the countries around the world (As of now, Colombians can’t sign up due to legal issues).

Although it’s annoying to have to sign a contract, and keep up on which country can and can’t sign up, it’s also reassuring. FFx is playing by the rules, which implies that they’re actually in the game. Every day I have less and less doubt that it’s a scheme. So far, I can’t complain. I’m coming up to the six month mark, and my investment seems to have paid off. Already people I know have taken out their original investment, and I’ve been able to withdraw without too much incident.

FFx or not, it’as always good to diversify. I recently bought stock in Calypso Wireless, a publicly traded company that has several patents in cell phone technology. Their big one is a patent on the technology that allows them to switch from the cell network to wifi seamlessly. T-Mobile is infringing on their patent. Last week, Calypso Wireless filed a lawsuit with them with the Williams Kherkher Law Firm, possibly the most powerful legal team ever (they hold the record for winning the largest settlement in the universe). The stock has jumped from two cents to four, and is rumored to hit 25 cents over the course of several months.
So i’m in. I’ll see what happens.