For a bit of fun I was thinking today about an AA Co-op accumulator.
The rough idea is up to ten members send £30 to player 1 via Pay Pal gift creating an investment ‘pot’.
Player 1 buys (Grips) something (It doesn’t really matter what so long as you believe it can turn over a profit) and sells it (Pictures / description etc would be fun) The summed total is then sent via Pay Pal gift to player 2 and so on…
If selling in auction, fees must be deducted before sending the ‘pot’ onward.
This is supposed to be fun, do not join if you can’t afford to loose £30
Adding value in some way is allowed
You will need a Pay Pal account
Game ends when the pot goes bust or hits £3000
Each player has x1 month MAX to grip / flip and forward the pot to the next player.
This may end in tears.
Names will be added and ranking (Player 1-?) worked out once ? players interest is shown.
Pay Pal details will be sent via group PM.
That sounds like fun.
If it ever gets to 3 g. The site gets it all??
The mind garden is strong
Each player is welcome to do with their share what they wish.
i hope for the last point one way or another
I’m up for this…I will of course pass on and not pocket.
Count me in (especially if it’s pretty and coloured and made of vinyl and spins round at about 33 rpm).
Is this a ponzi?
No. It’s Stronzetto putting together finance for a big glue buy.
Is this a ponzi?
No, nice idea though - are you a dealer?
Fascinating idea, and I will watch with interest, however my talents lie only in selling stuff for less than I paid for it, so won’t be participating.
You mean the “llama Q “ festival spit roast van is cancelled?
Is UncleP involved? If so, isn’t the pot likely to be lumped on the 3.30 at Newmarket?
We welcome the mismanagement of funds if well documented
Not for me, I like to keep profit.
I’m surprised I would have thought this would be straight up your rue.
N.B: Each member has a choice what to do with their share of the final divvy.
I’m hoping he will spread bet