[ICCI] Indian Cooperative Companies Initiative

Day 1,478, 15:36 Published in India Estonia by Kismu

Have some gold lying around? Here is an opportunity for you to make money with your gold.

Invest your gold, take daily profits. And you will have opportunity[1] to withdraw your gold at anytime.

How does it work?

- You invest your gold with the cooperative.
- Once the company has enough gold, the cooperative will invest in a Q5 WRM[2]
- Once invested, all profit earned through the investment will be shared with the investors, in accordance to the percentage contribution.
- At any point, you could withdraw the gold you have deposited.

[1] Provided there is enough gold in the cooperative. If all the gold had been invested, the company will ensure that you get your gold back as soon as possible.

[2] Currently, WRM. Soon, if there is good response, we can look into Q5 Companies.


Example

Person A Invests 20 Gold.
Person B invests 15 gold.

Company Buys Q5 WRM.

Profits(after tax) earned by the WRM will be split 20:15 ratio and will be given to Person A and Person B respectively (if the profit was 105 INR, person A will get 60 INR and person B will get 45 INR, daily).

The cooperative does not take any profit.

If you like this idea and would like to invest, contact me. Leave your comments as well.