Ya, its good to discuss and inform the general public so they are more aware.
When I asked this question in sgforums:
I got these replies:1) Before the properties start selling, where did SE's income to give us monetary payout come from?
5) Why doesn't SE show it's balance sheets, financial statements, statistical reports just like other normal private investment based companies?
1) SE takes out 10% of its worldwide turnover and gives it as rebates to its loyal customers. Prime holders.
5)its not an investment company, PTE LTD
Went to that forum and looked at how pathetic the MLM supporters are trying to defend some of their own actions, especially those that are using abusive languages.
Gosh, these are the people going around to promote MLMs....
Someone intepretate this:
The said their income is from sales of these "packages" or membership, called what GPs, SPs, BPs... This is their income when their property projects had not started to sell.
And this income is given back to other GP,SP,BP members. Sound fishy?