Question about Agape World Inc.

Getsideways,

Tell your buddy that he just broke his contract by violating Contract Summary part 15. And contract confidentiality by distributing Marty's email and contact information. Quite unprofessional.

As for the rest of you skeptics, we really don't want you involved anyway. Those of you that do wind up 'giving it a try', do nothing but drone on with your incessant cynicism.

Carry on.

Very interested in Agape please send all the info you can. Any contracts available now? I will like to see it. Thank you

WOW, THESE GUYS EVEN SCAMMED ENTREPRENEUR MAGAZINE, THEY HAVE THEM LISTED AS #73 OF THE FASTEST GROWING BUSINESSES IN THE UNITED STATES. WHAT SUCKERS! I'M CANCELING MY SUBSCRIPTION. http://www.entrepreneur.com/hot100/details/200873.html

RANGERBLUE said: WOW, THESE GUYS EVEN SCAMMED ENTREPRENEUR MAGAZINE, THEY HAVE THEM LISTED AS #73 OF THE FASTEST GROWING BUSINESSES IN THE UNITED STATES. WHAT SUCKERS! I'M CANCELING MY SUBSCRIPTION. http://www.entrepreneur.com/hot100/details/200873.html

Company Details
Location: Hauppauge, NY
Founders: Nicholas Cosmo, 36
Website: http://www.agapeworldinc.net
Turned a Profit: 2002
First Million: 2003
2007 Sales: $10 million
Number of Employees:
Day 1: 1
2007: 29
2008: 35*
* Projected by 2009

I also love Nick's Best Advice: "There is no gray area in business"
His tipping point: "The day [he] received this finalist notice [to appear in Entrepeneur Magazine]"

Link to submit your company to 2009 ranking: http://www.entrepreneur.com/hot100/companysubmission.html

About the Hot 100
This is how it all begins: The Hot 100 ranking is compiled with the help of CentrisPoint, a research organization. Entrepreneur and CentrisPoint started with CentrisPoint's database of nearly 21 million U.S. businesses and considered only those businesses that met the following criteria:
Must have been founded no earlier than 1999 and no later than 2003
Company sales in 2003 must be $100,000 or greater; 2007 sales must not exceed $1 billion
Must have positive job growth between 2003 and 2007
Must have a minimum level of sales growth or a sales growth quantifier of 1 or higher between 2003 and 2007; the growth quantifier is a measurement that combines percentage and absolute growth.

Only 64,000 businesses--or 0.3 percent of the nearly 21 million businesses--met the above criteria. Entrepreneur then contacted the businesses with the greatest growth to confirm eligibility. To be eligible, the founder must be actively involved in the company, the company cannot be a spinoff or a division of a larger company, and company sales for 2007 must be at least $1 million. From this list, the Hot 100 was selected.

Entrepreneur research conducted by Maria Anton Conley, Emily Weisburg and Tracy Stapp, with additional assistance from Kristen Henning, Jake Kilroy, Adam Salazar and Mallory Somerset.

Can anyone tell me how you can continue to scam people for 9 years out in the open.
Produce the people who have been scammed.It seems that everyone know's someone who as been in Agape, then surly we can find one person that has been scammed, in the Last NINE YEARS!!! And if not, then I have to believe it's not a scam!!!
P.S.
You Can't Scam Entrepreneur.com

taxmantoo said: From the web site:

Agape World Inc. is a private bridge lender since 1999. We do not provide residential mortgages. Call us if your commercial loan scenario does not meet the standards for institutional bank financing. Issues such as a time-sensitive transaction, poor credit, a non-cash flowing commercial property, or other hindering challenges may prohibit you from traditional financing. Agape World Inc. works with you and your potential project to help raise assets to meet approval for traditional lending at a later date.

See, it's not a scam, they spell it out clearly: "We loan other people's money to businesses that regular banks wouldn't touch with a ten foot pole". I'd like to know how the interest rate on the loans compares with the interest offered to the investors.

What does it matter? They tell you what your interest will be, if you don't like it 8-14% in 77days(how could you not) then you don't go in on that deal

Thanks for the red, camad. I consider red from a shill to be badge of honor

Message Information
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ellory
-1 0 3/26/08 2:06 AM

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camad

Freno911 said: camad said: What does it matter? They tell you what your interest will be, if you don't like it 8-14% in 77days(how could you not) then you don't go in on that deal

Why do shills think we're stupid? I mean all shills in general, not just the last one... if I had an investment giving me a guaranteed 14% interest, I would love to see threads devoted to bashing that investment. More for me in that case. I sure wouldn't jump on to a forum to tell people why they are wrong about my investment and why they should join me.

I never understood this... of course, you can't throw a rock without hitting someone who has a "my buddy told me to invest with company X, now I lost all my money".

And where is that company now?
is it still up and running for 9 years? scamming people. You would think D&B and BBB would have some info on a scam?

The only lagit person doing some homework is tazzy531

ifyouhavetoask said: Freno911 said:

Why do shills think we're stupid? I mean all shills in general, not just the last one... if I had an investment giving me a guaranteed 14% interest, I would love to see threads devoted to bashing that investment. Why? Beacuse it works often enough to make the shills a lot of money.
You wouldn't be receiving Nigerian scam emails every day, if someone wasn't falling for them, you know.

The only reason scams work, is because the victim is greedy. Greed causes all common sense to go out the window.

All the shill needs to do is plant the seed. The victim's greed fertilizes it.

Do those Nigerian scam emails have offices in the US that you can walk into a talk to real people!!!Are they listed in D&B and BBB. Did Entrepreneur mag list them in there hot 100?

I see all this doubt on this company If in doubt why has no one called the Attorney Generals office?

Actually I have been approached and was considering. However much research has to be done. I see all these messages and wonder why no one has gone through channels to find more about the company. I see no statistics, no calls to the BBB, Dun and Bradstreet I don't consider a resouce. I see everyone complaining but not doing their research. I would think anyone making any kind of an investement in anything would research and research. This could be a good thing may be a bad thing. I was wondering if anyone had FACT.

I did not realize how many others were wondering the same thing I am. Are we all sitting back and wondering or are we doing some valued research to find out if this for real. I also wonder why you can't find any of companies they listed as doing business with on the web or why they don't provide information on the companies that are coming to them for loans.

Gee if I was going to invest (and I may if it's legit) research research research first. Has anyone called the number listed? I tried several times and reach a lady who states they are having telephone trouble. I along with some others left word several times with no call backs. Wouldn't one think that you would have an office where calls would be answered appropriately and have a team that would be able to provide the information we require? Hmmmmmmmmmmmmm Oh well guess they don't want our investment.

This is a private company so Dunn & Bradstreets or Better Business Bureaus don't mean a thing.

Before I invest I sure would like to see earnings, who their clients are (and I don't just mean names). It seems like a very small company so where are they getting the funds to put up these bridge loans? Guess they don't have any risk because from what I can tell they are using my and others in a group formats money to loan money out.

Hey this is all by word of mouth. Would I like 11% as someone said and what I was approached at hell yeah but at what expense 100,000 250,000 sure is a lot to loose but then again 11% is a lot to gain. I will do my research for sure but boy does it sound tempting. I know someone who states they made 50,000 so far but they don't have a check and keep rolling over their money. Wonder what would happen if they wanted it all back?

I don't see any bank deposit slips or any notarized documents either. Something to research for sure. We are all talking together but maybe should be talking to the Attorney Generals Office or Channel 2 news etc.

Just at thought

vittorio said: Just for the record i've done 30 bridge loans with agape world and all have paid out.... Just for shits and giggle pick up ENTREPENEUR magazine hot 100 businesses, and look up number 73 yep for all you haters that said it cant be THANKS AGAPE WORLD FOR MAKING MY WALLET FAT!I suggest you pick up the prior years issue and see how many are still in business.

Wow! The number of shills showing up here is amazing. They just won't quit!

At some point, the whole house of cards will fall and then we'll see how "safe" this "investment" is.

The last time I know of so many new beleivers is when one man had risen from the dead

Why do all these noobs think FW is full of stupid folks?

I am not a so called shill nor am I an investor, but i do see the logic behind the whole scenario. To me it looks like someone had the know all and contacts too lump a huge sum of money together. They then loan this money out on a short term basis to those who cannot secure a conventional loan for one reason or another with a bank. I believe the person who recieved the initial loan from the Agape world company then goes to a financial institution showing this loaned $$ as equity in order to secure a larger loan with the bigger lender. After recieving the loan from the financial institution, they then repay the high interest short term loan back to the agape world company who in turn pays out their initial investors at the rate they were promised, keeps the excess interest gained from the short term loan and the cycle continues. Sounds like this is whats going on here and it sounds legit too me. Anyway good day.

All the "new members" use the same avatar ... and all but 1 have a username that ends in a number .... not very creative. Anyone reading this thread an admin and can check IP addresses?

I was trying to give an example on how it works,hey to each is own it's legit because I been seeing the money my friends been making.I'm starting next month with 20,000.

All this talk have any of you actually tried calling the company, and speaking to someone there. i have been with it for almost two years. i have always recieved a check, granted each new contract i am in panic mode. i started out with a low amount and of built that up substantially. I usually reinvest and take a little cash each time. I am happy with it, i dont know much of the workings of the company. but there are tons of bridgeloan lenders, and many do fund with private investors. I does seem that they are not out looking for investors and i only got in via friend, and a little research on my own. There are a lot of other points mentioned on this forum that i do have slight knowledge about, but not worth mentioning. My point was that if you are really interested you should try calling then respond. they seem a veery customer freindly operation, it does also make me feel better that i am within a reasonable distance of the actual location. Anyway for those that just like to talk trash about something they have absolutley no knowledge in enjoy, it makes for good reading, and i see that there are others actully in the company on this thread. Best to all

firm is entering 10th year in business. No scam.