Don Stevens
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- Feb 26, 2020
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As re; the original post, I have spent some time researching this project. This company is clean and clear so no risk. Research costs!
Unique investment opportunity to gold processors out there.
- Thread starter Don Stevens
- Start date
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Martijn
Well-known member
Welcome to the forum.
Honestly, you could be the OP with an alias account validating your own offer...
Your statement has as much value as the OP. Too good to be true.
Sharing a buisiness plan here and being open about it costs nothing.
The burden of proving legitimacy is with the OP.
Coffee!
Hi Don,
I am a customer of Godaddy for 10+ years, the website you have provided is a 5min website at best (and made with free website builder). I might be wrong but it feels to me like a big red flag at this point, nevertheless your presentation (and therefore completely lack of one) of a very faulty business plan. Some Ponzi schemes can provide these returns that you are advertising.
I run my own company from 2013 and no matter how hard I try i have never ever reached those profit margins (legally i don`t see how you could either).
That doesn`t mean you can`t do what you say you do, but for me it is a big No-No..
Pete.
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Don Stevens
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It seems that when it comes to Gold and discussions, everything is a red flag. As I have mentioned, I have spent some time and money researching this, to reduce any risk to investors. Instead of imagining problems, you can always ask via the website.
Regarding the website, when you read the business plan, it explains why the company does not want a website as it just becomes a security risk once production starts and is not needed as we do not have to seek new buyers. Hopefully, this is logical to you. I am sure many people here have lost money while seeking the Golden Goose, but this is an investment to protect those who want to invest, no one is forced, and I have taken every precaution to protect my investors.
Regarding the website, when you read the business plan, it explains why the company does not want a website as it just becomes a security risk once production starts and is not needed as we do not have to seek new buyers. Hopefully, this is logical to you. I am sure many people here have lost money while seeking the Golden Goose, but this is an investment to protect those who want to invest, no one is forced, and I have taken every precaution to protect my investors.
May I ask how will you guarantee that your Bella Bullion Bars will meet any international gold standard? Will you apply for an LBMA label of good practices, or any other international certification?
If you are really certain that you will work legit, please feel free to upload a summary of your business plan for the next 5 years with investments plan for equipment, insurance of a constant material supply, when and how you will achieve EPA certification, the yearly planned company growth by employees, forseeable operational expenses, Taxation and so on.
Just a summary (2-3 words just to get an idea about how would you run your company), not the whole business plan. But essenntial key points need to be present in your plan.
Until then...red flags...sorry.
Pete
61 BRIDGE STREET, KINGTON, HEREFORDSHIRE, UNITED KINGDOM, HR5 3DJ is a "Ghost Mail drop" which is never a good sign for a company asking for large amounts of money.
But he does seem to have another company registered at his home address.
OLLYMPUS ELECTRONIC RECYCLING LTD,9 ANSON ROAD, LOCKING, WESTON-SUPER-MARE, AVON, BS24 7DG
I can't decide if I think using a misspelling of Olympus is a good or bad idea but most people will search this name and find a number of almost identically named businesses to be mistaken with..
But he does not seem to be W.E.E.E. registered or have any premises licensed to operate a large volume enterprise.
If I had a way to make over 78% return on an investment I would be very unlikely to share it with anyone, let alone be short of people borrowing money from.
it is not as if the south of England is awash with high-value materials that are in need of processing, there is a very fine dispersion of material which is already being fought over and being processed at extremely competitive rates.
But maybe he had found a new and untapped waste stream that contained tens of kilos of gold no one else had happened to notice.
We did have a potential new gold mine in Crediton just outside Exeter when I first started.
The geological survey had shown the whole of the Crediton basin has "anomalies gold dispersion".
Only parts per million but it was enough to get the locals excited, I was asked to look at a new company called "Crediton Gold Exploration" and despite my warnings, this company received just over a million pounds of investment, and that was that the whole thing evaporated and money spent in under six months.
All legal and above-board, always beware of stories where the streets are paved in gold.
But he does seem to have another company registered at his home address.
OLLYMPUS ELECTRONIC RECYCLING LTD,9 ANSON ROAD, LOCKING, WESTON-SUPER-MARE, AVON, BS24 7DG
I can't decide if I think using a misspelling of Olympus is a good or bad idea but most people will search this name and find a number of almost identically named businesses to be mistaken with..
But he does not seem to be W.E.E.E. registered or have any premises licensed to operate a large volume enterprise.
If I had a way to make over 78% return on an investment I would be very unlikely to share it with anyone, let alone be short of people borrowing money from.
it is not as if the south of England is awash with high-value materials that are in need of processing, there is a very fine dispersion of material which is already being fought over and being processed at extremely competitive rates.
But maybe he had found a new and untapped waste stream that contained tens of kilos of gold no one else had happened to notice.
We did have a potential new gold mine in Crediton just outside Exeter when I first started.
The geological survey had shown the whole of the Crediton basin has "anomalies gold dispersion".
Only parts per million but it was enough to get the locals excited, I was asked to look at a new company called "Crediton Gold Exploration" and despite my warnings, this company received just over a million pounds of investment, and that was that the whole thing evaporated and money spent in under six months.
All legal and above-board, always beware of stories where the streets are paved in gold.
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Not yet Yggdrasil, I'm still enjoying my morning coffee.
️Don Stevens
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- Feb 26, 2020
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The website is only there to receive your enquiry, which I assume you did not do. If you leave contact details you will receive business plan. Hope this helps.
I contacted you in your other thread and I still haven't received anything.
Dave
Dave
Don Stevens
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Hi Dave
I have replied a couple of times and asked you to leave your contact details on the www.ffd700.co.uk website. I will however give you now details I am responding to someone else to help you.
I do not think it sensible to give too much information here as it just seems to attract disdain.
However, I will give you some points for you to consider as asked.
This is a business for bulk processing, and we will be processing 2 tons a scrap CPU’s a week. It has taken a lot of work and costs to find legitimate suppliers as I am sure you are aware there are many scammers in this field, so we also lost thousands in this area during research. This is why we are offering this deal to those who have lost and can recoup their losses. We certainly will not be reveiling them to general public.
We are using a safe chemical process, which I will not tell here either as this is where we have invested heavily. But we can process the CPU’s quickly. The initial gold will be sold as scrap for the first month, to recoup costs and prepare for our own bars. Then we will apply for LMBA.
The laboratory will be equipt with equipment from the Wishart Group including: scales, fume hoods glass work etc.
The Bullion Bar processing machine like:
Vacuum Bullion Casting Machine
Chiller
Vacuum Pump
Logo Hydraulic Press
Dot marketing machine
Will be supplied from Superb Electronomachinery Co. Ltd, China.
These machines have been inspected by myself as there is a processor in UK using them.
We intend to process intel 386 & 486 CPU’s
I assume you know the weight of these, and amount of gold found in them. So, I will not bother explaining the number of CPU’s per ton or the amount of gold in them, as this is general knowledge.
We are aiming for £800,000 a week gross.
The costs work out at £50,000 a week or £2,500,000 a year.
The P&L will not change year to year depending on the dividend payments and taxes paid.
As I have posted before, the basic website which will be closed once we start processing has a contact page, so if you want to know more, please visit and leave your contact details.
Hope this reassures you.
Regards
Don
Done.
Don, you now have one account as Don Stevens since it was your original account.
Dave
Martijn
Well-known member
This thread was both confusing and clarifying after reading yggdrasils replies.
Messages and user merged... Yeah, sounds really legit Don.
Thank you for the info, but as I have suspected in the first time, more red flags rise.
I appologize for trapping you this way, but i had to be certain that you are legit or fake.
Here is a light read for you.
https://www.lbma.org.uk/good-delivery/how-to-apply-for-good-delivery-accreditation
Good luck in you endevour.
Pete.
Geo
Well-known member
As Harold_v was prone to say, "money never goes looking for people. It's always the other way around".
I did think his thoughts of just joining the LBMA was a little hopeful , it’s long winded and very costly from the little I know, that will hit his bottom line unless he can find buyers at spot for his refined gold.
My knowledge of the e scrap world is limited I will admit but is there really 2 tons of scrap cpus available every week it seems a very large ask to me , perhaps someone could add some data to prove that figure.
I will add that this is certainly ambitious. For a business like this to work, you not only need capital, but connections as well. Money would mean nothing without the connections our investors have (they owned the server buildings that named big tech companies use for cloud computing). One of the biggest obstacles is supply, which (though they wont admit) several of our competitors are struggling with, simply because they dont already have industry connections. We know this as consultants they used are actually good friends with our CEO...
Many are partnering with already larger companies such as JM to over come this supply issue - and scale up issue - which is now monstrous due to supply chain problems. We have been told 0.5-1 year lead times for electrowinning and distillation equipment.
The equipment required to properly grind down the waste is upwards of 1.5 million for ten tonnes a day of material, then there are the permits and health and safety. These take a very long time to organise. In the mean time, you can use an experimental permit, but this has strict limitations, especially if you want to start selling product. You can store the product instead while you wait, but this of course comes with great risk. Insurance becomes expensive with gold.
For lab equipment and chemicals you need valid permits. Also, they are much more expensive than you think. Then again, my company is doing everything via novel "green chemistry" and not with traditional aqua regia (or any harsh acids for that matter), so this might be easier if you are going a more trad hydro route. If you are attempting newer methods, don't even bother with DESs or ILs, they are a waste of time and any company claiming otherwise is coping.
If you are not directly selling your product via LME, you can expect a return of 90-95 % to refiners. This requires the gold and PMs to be of at least 90+% purity.
Also, this industry is really starting to boom and the pull is to do it via green methods. Companies we have worked with (big name server companies) only want their material to be recycled via circular hydrometallurgical/solvometallurgical/biometallurgical routes to offset their own carbon footprint. I would not bother otherwise.
Just my 2c as someone already in the scale up phase of our company!
Many are partnering with already larger companies such as JM to over come this supply issue - and scale up issue - which is now monstrous due to supply chain problems. We have been told 0.5-1 year lead times for electrowinning and distillation equipment.
The equipment required to properly grind down the waste is upwards of 1.5 million for ten tonnes a day of material, then there are the permits and health and safety. These take a very long time to organise. In the mean time, you can use an experimental permit, but this has strict limitations, especially if you want to start selling product. You can store the product instead while you wait, but this of course comes with great risk. Insurance becomes expensive with gold.
For lab equipment and chemicals you need valid permits. Also, they are much more expensive than you think. Then again, my company is doing everything via novel "green chemistry" and not with traditional aqua regia (or any harsh acids for that matter), so this might be easier if you are going a more trad hydro route. If you are attempting newer methods, don't even bother with DESs or ILs, they are a waste of time and any company claiming otherwise is coping.
If you are not directly selling your product via LME, you can expect a return of 90-95 % to refiners. This requires the gold and PMs to be of at least 90+% purity.
Also, this industry is really starting to boom and the pull is to do it via green methods. Companies we have worked with (big name server companies) only want their material to be recycled via circular hydrometallurgical/solvometallurgical/biometallurgical routes to offset their own carbon footprint. I would not bother otherwise.
Just my 2c as someone already in the scale up phase of our company!
Martijn
Well-known member
You researched your own company? Why?
Excuse me but i don't know as which 'pretending to be an objective alias' you wrote this post.
Is it "the company" or or your company?
Which precautions are that exactly?
Now react to this:
The fact you made an alias account and pretended to be someone else recommending his own "offer" is such a violation of trust that no one will ever trust you again. You really believe we are taking anything you say serious after that? You sir, are a LIAR! You are here take advantage of peoples trust and take their money!
This particular action is not a red flag, It is a scam! There is no other way to explain it! You are a scammer!
How much investment do you still need to finish the production facility and start generating that extremely high return?
The investment you would need is far higher than what this person is likely to get a hold of. You need several millions. That's what alerted the red flags for me.
kurtak
Well-known member
WOW - that is one hell of a source for CPUs - especially CPUs of this type
104 tons of 386 & 486 CPU’s per year & you plan to do this (on that feed stock) on a sustained business plan for years to come
Good luck !!!
This has about as much of a chance of succeeding as finding a gold mine that pays 100 ozt gold per ton ore
Kurt
