Page 175 - The Circle of Life
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manageable. I feel particularly strong about this scam as I was done in once
falling for it.
Don’t lose heart
I said in the beginning that nothing I say here should prevent you from investing
in Africa and I still say so. I realise that the above scams and shysters paint a
dismissal picture but I also explained how to prevent and minimalize losses. It is
better for you to know what you are dealing with than not to know. I believe
that. I always advise my clients to trust their instincts. If something smells
wrong it is wrong. And if too good to be true then is a scam and this type of
thing happens all over the world. It is not only here.
Extract from K's free eBook Your Worst Enemy
Tactics like above (all legal and just business as usual) more often than not
leads to the original shareholder being bought out at a very fair price really
quickly to get rid of him and his new biker mate. This happens where the
shareholders contract does not provide the right of first buying of shares to the
original shareholders. Something which is standard in our contracts as it should
be in all shareholder contracts. As with your relationship with your worst enemy
you always consider the divorce proceedings first.
It must be said that this happens more often in private companies and not with
your worst enemy as such. Their lawyers are not exactly inexperienced and
know these tricks. Still, as a shareholder you can ask awkward questions even if
only to be obnoxious. You may even be escorted out of the meeting by security
if they are really irresponsible for it will make a wonderful story in the local
newspapers and start a rumour they have indeed something to hide. You may
now have a claim against your worst enemy for your injuries and loss of dignity
etc. No bank likes bad publicity for obvious reasons. It is the worst thing ever to
them and they act with great decisiveness through their lawyers and spin
doctors when it happens. Remind me again who acts like that when people say
things they don't like? Spoiled brats perchance?
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