Reply : Anonymous

 

Hi Anonymous,

Frankly,we do not know if it is possible to take legal action. We still awaiting for feedback from someone in the legal profession.

In fact we have not come to the extend of taking legal action at this moment.The main purpose of this blog is to be prepared on the action to be taken. Many people have already started emaling us - Our purpose is collect feedback and collect as many contacts as possible. Thank you very much for those emails- we know if we stay united, we can make a different. There are more than 8 thousand investors in Lecruz.

We do understand that negotiation is the best solution but we have seen 24 of them including all the leaders went to Macau on the 8th Oct 2009 for an Ad-hoc meeting and we ended up with the present situation. 

We also agree with you that those invested should get back their share but now it seems like with the new plan, you can't even get back half of your investment. The best thing now is get as much information and contacts of your uplines and downlines. A few of us already started blogging and set up our own forums, we also have the information spread through social media and many websites and soon we will link to each others sites. Any of you can start a new blog like this and link back to us,provide us your email or subscribe our RSS feeds so that we can update you on the latest info.

 

LAT

 

Anonymous said...

Is it possible to take legal action? Do we have proper documentations to sort this out? It is best to negotiate, to at least give us our returns based on the figures stated in their plan given. It is only fair that investors who had invested based on the old plan been given back their fair share.

October 12, 2009 9:17 PM

Reply : JS

Hi JS,

Yup! We are hoping that some lawyers may contribute or advice us regarding this issue. There are some lawyers and doctors who have invested into Lecruz. Hopefully they can find this blog.

 

JS said...

can someone from the legal profession provide inputs on how to take legal action?

October 12, 2009 8:48 PM

Reply : need2know

Hi Need2know,

It seems like most of us(except for some of the leaders) do not agree with the changes. There has been rumors going around that during the recent special meeting some of these leaders were telling that other groups have accepted this new changes without complaint. come on!Simply common sense  can tell that none of the investor is willing to accept this new plan, it is a big lost to us and we can never get back even the capital regardless to say of getting profit! Now a group of us in Penang have started up this blog to collect contacts and information so that we can speak as one voice, we believed thousands of us united  can make a huge impact to Lecruz. We are preparing to set up many blogs, websites ,forums and social network sites and would appreciates those who are  Internet literate to contribute as well. 

 

LAT

 

need2know said...

As one of the investors, I also need some clarification on the recent announcements. From my understanding, lecruz is not going to pay in full as stated in the previous plan for members who signed up before September 09? It says 1 CP = HKD 2.00 and 1 REP = 0.06 HKD, which means CP now has lower value due to the currency it is pegged to? It was measured in value close to 1 USD For a member who signed up as silver package in feb 2009, he should get 11% of 5000CP in October which is 550CP. However the member can only get 1% of CP and 10% of REP which cash value is lower? Please can somebody help clarify? Are we investors getting back what we are investing as promised earlier?

October 12, 2009 3:59 PM