Well,
Global Mutual. They’ve been around for yonks now. Many people have visited Gordon, the admin, in person. Many more have talked to him on the phone.
The one main problem is lack of communication/PR skills. But Gordon is working on it, and getting there slowly.
The last two months has seen him restructuring Aussie Mutual, the real brick and mortar Australian Company that backs everything to do with GM.
He suffers from an illness which means he can only spread himself so thin sometimes but now he is back with some mega juicy updates.
I’ll post the bulk of it here and then add my comments. Seriously DO NOT BE TURNED OFF this opportunity people. Even $10. They are REAL and DIFFERENT. There is risk but no matter how many down Gordon has he comes back bigger and better.
“To all GMI, VCShares and NES members.
(the decisions taken here have not been taken lightly, however if you have suggestions about how to improve what you see outlined below, then I am all ears. gmd)
Venure Capital in General
These words are posted on our site for a reason:
Make sure you understand the Venture Capital Concept before you invest. This type of investment is in a genre all of it’s own. All payments are considered a Venture Capital Share purchase in Global Mutual. You do not make deposits as such, but purchase shares which are non withdrawable.
Venture Capital is probably one of the world’s riskiest types of ventures.
On average, 85% companies doing major startup or expansion from nothing, go bellyup in the first 12-24 mths.
Traditionally the minimum investment in a venture would be no less that $100,000 and is usually not available at all to the general public.
Standard arrangements and terms of such deals mean that investors receive nothing for the first twelve - 24 months because of startup cashflow factors. Why take a profit from a company, when you are simply taking back your own money used to run a company.
Returns are usually timed to be made to Venture capital limited partners, only when real profit taking is being made.
With all that in mind, welcome to GMI and the inevidible profit taking zone we have all been waiting for.
As I am kept busy during AUS Mon - Fri doing Aussie Mutual Marketing, and keeping the national expansion campaign going, I thought I would put together this report in order to keep GMI Members up to date.
I will try to send updates every Saturday.
In this Press Release I will try to outline for all members, some of the major issues faced by GMI.
For all GMI-Vcshare Post 10K investors, we will be opening a VIP members group and seeking to better inform all members via this group.(open now, apply by email please to admin@global-mutual.biz)
GMI is in a good position for the future, however this has been at certain costs.
During the last two years I have made some good calls and some really bad calls.
The Bad Calls.
I placed a person with a masters in business administration on staff and payed him a wage. Over an 18 month period, this person literally produced nothing but a drain on funds and ZERO profit.
I also placed a Senior Broker in charge of developing a back office and payed him a wage and a car allowance.
Between the both of these and the sub standard brokers engaged by one of them, no profits were realized.
Our Melbourne Man was the only performer and this relationship whilst it still stands, remains a loose one in view of the poor decisions I made on staff. For now, I only contract one part time secretary, and outsource everything else.
I made those decisions because of my poor health and the apparent, and supposed expertise of the officers contracted.
Any profits that were made, came from the Melbourne sector and were paid out to members. I have personally been able to meet only business expenses and to retire some debt. I remain on a disability pension , and I would dearly like to get past that and become profitable for all our sakes.
Hence came the need to RE-Vamp Aussie Mutual, as FX Trading seems more of a shonk than anything else. GMI does have about 14k invested and compounding, but I take no comfort from this, for as you have seen for yourselves, the long term results of HIGH interest FX trading with no insurance or hedging behind it is highly dubious. I am talking about the 100s of failed schemes out there.
WHY Aussie Mutual??
Well because we have worked out how to vastly reduce costs and operate profitably. This is how we are now utilizing investor funds. Previously, funds were used to re build the infastructure. That meant paying wages, paying regular bills, and keeping th cashflow alive, whilst gaining knowledge, aliences, and infrastructure. Now 100% of funds (Venture Capital) can be used to profit with a turn around of four-six weeks, no losses and this is how it is done.
1 We need a vehicle of genuine business to operate.re… Aussie Mutual
2 We need funds to market and operate.re…..GMI VCSHARES AND NES
3 We need a highly leveraged marketing plan.re Highly targeted database and a Business Development Manager to qualify and book appointments.
4 We need an outsourced broker group, who in return for these appointments, will take a lesser cut.
5 We need a leads replacement system should appointments turn out to be shonky. re. Deal cut with telemarketer.
6 We need a well informed VIP members group to help keep members well informed, offer advice, understand the sensitive issues and provide understanding support. re….. Newly formed VIP members forum group.
Well All these things are now in place. Thus far 120 fully qualified mortgage leads have been paid for up front.
Each lead costs apx 100 USD to qualify and book.
RETURNS
Why will Aussie Mutual be able to return to GMI decent HYIP rates on this venture.
Lets us presume that the average size of a Sydney loan is about 300k AUD
Each loan produces a commission to AM of 0.5% after brokers have been paid.
Thats $500 per $100,000 loan = $1500 per loan
I must pay apx $250 AUD back to yourselves,
and another $400 AUD to the Business Development Manager on settlement as incentive for being proficient on qualifying leads.
That leaves AM with apx $750 per loan.
Rent, telephone, part time secretary and proffessional fees all have to be paid.
As you can see, not much icing on the cake when all is paid.
There is a monthly trail that will help to pay bills and there is an application fee which will help to hedge the system
That in a nutshell is how it all works.
We now have three seperate marketing plans.
Plan one is for highly qualified well sourced AAA+booked appointment leads, with any B+ Standard leads outsourced to a second Brokerage.
Cost per list apx USD $1,000(2,700 leads med – hi income earners) each list running for 12 mths, and updated within every fortnight.
Plan Two is that of providing a Hot Leads well sourced database to the AAA+ lender group which brokers the deals in Aussie Mutual’s name.
a.a/ Cost per list apx USD $1,000(2,700 leads med – hi income earners) each list running for 12 mths, and updated within every fortnight.
Plan Three Is that of purchasing a hot list of legally generated, interested consumers, a DIY discounted product via email campaign.
Cost per list apx $2500 for a min of 5,000 hot leads in an email database.
Necesary Changes (continued from PART 1)
Currently Management of GMI is composed of a Forum Manager TJ
An Administrator…myself
and an assistant administrator (Our largest investor at 100k)
We have had a think tank and have taken the following decision:
1 Make GMI and VCShares Private after a six to eight week period. No later than the 30th June 2006.
Whilst the new marketing campaigns are in place we still need some cashflow from investors.
Once we go all the way into profit taking, there is no need to have new investors, who are given the vip executive shares.
2 Profits will go to members in the following way.
AS all monnies invested thus far have been gobbled by either cashflows, expenses, infrastructure, and there is as yet no cash cow, we still need to take share purchases.
A new Marketing Plan will be opened in VCShares. New members will be allowed to invest in this plan, but will not receive the VIP profits. As profits are returned, they will be split two ways.
1. VIP shareholders
* ROI/mth ~ 20-60% or better.
1. GMI Marketing Plan
* ROI/mth ~ 40%
Returns are due about 30th of each month or there abouts.
I am interested in developing a GMI-auto surf plan to go with this.
All GMI plans will go private except GMI-Extreme which will remain open until after the 30th June.
All current investors in GMI including new investors, will receive VIP-VCSHARES corresponding to the amount invested in GMI. After June 30, GMI will go private and probably close.
VCShares, as I have been trying to explain, is where the money is.
Prior to everything except the marketing plan, going private, we will payout all existing withdrawals and arrears. This process will begin 30th March and proceed until complete hopefully by the 30th April max.
Once we complete the DIY internet homeloan facility, all Australian members will be invited to participate and benefit from the discounts offered.
NES will continue to run independantly, and will be further developed.
GMI-Hosting will begin and profits returned to VIP Vcshareholders only(You Payed for it!)
GMI-Shopping will be completed and profits returned to VIP Vcshareholders only. a.a.
Other Ventures may take off also, but again only VIP shareholders will profit.
If you are one of the gmi or vcshare members that has depsosited nothing, then NOW IS THE ONLY TIME TO GET IN AND BENEFIT. After the 30th of June, the doors to VIP shares will be closed.
There are two other awsome ways that VIP shareholders may yet benefit.
One, we find a buyer for Aussie Mutual while it is in good profit mode, and share these profits with the shareholders.
Or 2 we stick to the original game plan and float.
Either way, there is still more.
A Financial Specialist has suggested to me a further way that we might all profit, which I will reveal to you presently. (As soon as I have more detailed information)
Whatever happens now, I believe we are poised to enter profit taking mode and I thank you all for riding the ups and downs thus far.
You are special to me. You kept me alive and my family afloat during the toughest financial wastland time of my life. As I write this, my close friends and associates know, that I own no property (lost it all during my illness) I have stripped the company right back to bare bones to reduce costs. Have leased any thing needed to run such as cars and computors.
If it was not for the Good Lord, MR anon my best investor, and yourselves none of us would have a prayer on this venture.
But as it is, I think its time to see the light, and the end of the tunnel.
More as it comes to hand.
Gordon M Doherty
GMI
International Admin”
Well… there you have it.
Very importantly Gordon states he will now endeavour to send out updates every Saturday, this will keep a lot of people satiated.
One recent problem has been the misunderstanding of the VCShares part of the program. People acted as if these changes were doen without consent (consent is given in the TOS) and that it wasn’t going to make them any money - but it sure does look like VCShares is going to be the real cash cow. This was part of Gordon’s plan all along. Most profit from now on will be heading GMIVCShares way…
We should see juicy juicy dividends and some nice actual buy prices on the shares. This makes me happy as I have a large stake but it never bothered me - I kept the faith.
GMI are GOING PRIVATE. I cannot stress this enough. This is like when FF when private - this is something you at least want to have a LITTLE stake in. This isn’t some ploy or red flag. This is the real deal.
There is not much I can say or not much more I can stress. GM has never really caught people’s attention too much because of their not-too-pretty site and the lack of communication. It’s always been the underdog.
But now it looks like the underdog is finally getting its day and I’m proud to be investor.
There’s juicy returns to be had in a REAL BUSINESS. A REAL HYIP. REAL ADMIN. This is a real opportunity. This is not a scam, take some of that money, $10 or $20, that you were going to throw into some gamble and put it into GM.
Once they’re gone I’m sure many of us will be sorry! Maybe it’s because I’m Australian like GM, maybe it’s because I like Gordon, maybe it’s because I know they’re the real deal but there is not much else I can say…
Global Mutual
GMI VC Shares
Neverending Stori
Ch-ch-check it out. Seriously. I can’t make much more of a plea than that! 
EXTRA BONUS MINI UPDATE:
Compact Surfing and
Phoenix have paid me right on time. Damn,
Compact was quick - you can request payout three times a month. These surfs are still in their infancy, the perfect time to jump in if it's your kind of deal!
Having said all that, heh! I just know we are on the right track. We have had some teething troubles with the quality of the batched leads (First lead source). The first batch were right outside of the kind and genre payed for. Should have that corrected today.
Now then
"
