Author Topic: Scam Alert Sungames  (Read 279104 times)

Offline aygart

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Re: Scam Alert Sungames
« Reply #315 on: June 15, 2014, 12:36:13 PM »
Ok, I honestly don't understand wth this is all about.
Its like if I call myself a merchant, swipe your card, and then you do a dispute? Why wont the bank come after me for the money??
it seems you do get a cheap product that you have no interest in but pay a lot for it which is supposed to get a rebate. You apparently get the item so you can't dispute. Besides, that was the answer for MHA as well and it didn't work out so well for everyone.


Great point.
Dan can quote from their financial statements and explain what that means. And then give previous examples of these cases.


And here is an article that does the leg work.
http://seekingalpha.com/article/1466721-sungame-a-penny-stock-trading-for-2_1-billion
You are still stuck on the stock::)
You have the right to remain silent. Anything you say can and will be used to start a religious discussion.

Offline churnbabychurn

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Re: Scam Alert Sungames
« Reply #316 on: June 15, 2014, 12:42:45 PM »
it seems you do get a cheap product that you have no interest in but pay a lot for it which is supposed to get a rebate. You apparently get the item so you can't dispute. Besides, that was the answer for MHA as well and it didn't work out so well for everyone.


 You are still stuck on the stock::)
So they are trying to boost fake "sales" by issuing rebates? Still dont get it.
Do they promise to rebate you more than you pay in? 
Is this the only hook; or does it have something to do with "investing in a multi billion dollar corp, that is going to outmaneuver facebook, google and twitter"?   

Offline Emkay

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Re: Scam Alert Sungames
« Reply #317 on: June 15, 2014, 12:52:37 PM »

1)Do they promise to rebate you more than you pay in? 
2)Is this the only hook; or does it have something to do with "investing in a multi billion dollar corp, that is going to outmaneuver facebook, google and twitter"?
yes and yes

Offline Ergel

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Re: Scam Alert Sungames
« Reply #318 on: June 15, 2014, 01:35:53 PM »
The guy I know was promised a well over 100%return
Life isn't about checking the boxes. Nobody cares.

Offline Drago

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Re: Scam Alert Sungames
« Reply #319 on: June 15, 2014, 01:36:02 PM »
You are still stuck on the stock::)

Nothing to do w/ the stock.
It's so he can write the post in such a way that it doesn't sound like he has sour grapes, but rather, he's relying on the financial statements to show that the company could collapse any moment.

Offline aygart

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Re: Scam Alert Sungames
« Reply #320 on: June 15, 2014, 02:28:52 PM »
Nothing to do w/ the stock.
It's so he can write the post in such a way that it doesn't sound like he has sour grapes, but rather, he's relying on the financial statements to show that the company could collapse any moment.
that out can collapse is not the main problem
You have the right to remain silent. Anything you say can and will be used to start a religious discussion.

Offline Drago

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Re: Scam Alert Sungames
« Reply #321 on: June 15, 2014, 02:40:19 PM »
that out can collapse is not the main problem
It's one of the main problems cuz it shows the company is a fraud.

Offline aygart

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Re: Scam Alert Sungames
« Reply #322 on: June 15, 2014, 03:20:56 PM »
Any OTC company will look the same. The financial statements will almost always give the whole highly speculative statement
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Offline Something Fishy

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Re: Scam Alert Sungames
« Reply #323 on: June 26, 2014, 11:31:21 PM »
http://www.dansdeals.com/archives/46584

Very well said. Short and to the point without pointing (too many) fingers.
« Last Edit: June 26, 2014, 11:36:33 PM by Something Fishy »
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Offline jaywhy

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Re: Scam Alert Sungames
« Reply #324 on: June 26, 2014, 11:35:58 PM »
http://www.dansdeals.com/archives/46584

Very well said. Short and to the point without pointing (too many) fingers..
+100

Offline joey123

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Re: Scam Alert Sungames
« Reply #325 on: June 26, 2014, 11:39:17 PM »
+100

Excellent Job! Shkoyach Dan!
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Offline MC

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Re: Scam Alert Sungames
« Reply #326 on: June 26, 2014, 11:55:03 PM »
Great post, hope it reaches the people who need their awareness raised.

Offline george

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Re: Scam Alert Sungames
« Reply #327 on: June 27, 2014, 12:20:33 AM »
Very smart to write ScamHarvestGamesAmerica, it won't come up in Google search but it is clear enough to the reader.

Offline Fan of Dan

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Re: Scam Alert Sungames
« Reply #328 on: June 27, 2014, 02:10:40 AM »
http://www.dansdeals.com/archives/46584

Very well said. Short and to the point without pointing (too many) fingers.
+1. It's amazing how foolish people can be and 2 points to Dan for helping people use their heads. What frustrates me (understatement of the year) about these scams is how many people fall for them and how some people who realize the scam have no qualms about causing people to lose money.

Offline joey123

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Re: Scam Alert Sungames
« Reply #329 on: June 27, 2014, 07:28:33 AM »
+1. It's amazing how foolish people can be and 2 points to Dan for helping people use their heads. What frustrates me (understatement of the year) about these scams is how many people fall for them and how some people who realize the scam have no qualms about causing people to lose money.

When a deal in set up as a pyramid scheme, the consumer shouldn't allow the salesman to even start his pitch-- the deal is too good to be true. Everyone just needs to be an educated consumer (Just thought of Syms A'h).
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