Friday, September 23, 2005

First venture of LPP: World Limited Partnership Program

Is World Limited Partnership Program a HYIP? I think it is. Except it's not your usual online a-dime-a-dozen type trading in foreign currencies or high risk stocks. It's more of a business venture type of high yield program.

LPP, as they call themselves, are set up to form venture capital pools. They use the pools to purchase actual revenue producing companies, franchises, and websites to build the ventures up. As a pool member, you become part owner of the companies. You earn commissions now, and receive residual income from the venture pool profits and group profits for the rest of your life.

No promise of any fixed rates of return. They only promise to select potentially profitable companies to the best of their knowledge. After all, their payments are tied to the performance of the companies too.

How many capital pools can you expect? As many as prudence and due diligence will produce. Meaning: No set schedule. This makes business sense, doesn't it? Only when a venture looks good, and fits into the culture, then should a shrewd businessman pursue further.

That's the reason why LPP have only announced the first project these few days though they have been online for a while. They are moving into the food industry. Quiznos to be exact. A total of 2,600 units at $50 each are offered in this venture capital pool. Within 48 hours of announcement, more than 1,600 units have been booked!

The number of units you buy will determine your status as a Silent, Full, Senior, or Corporate Partner in the Quiznos project. The more units you buy, the more benefits and privileges you enjoyed with the accorded status. I booked 2 units to become a Full Partner. This allows me to peek into the decision making process and to receive more detailed information about the offerings.

Feel like you have missed the boat? Hey, go grab the remaining 1,000 units. Or join as a member to take part in future ventures.

As a member, you get first hand information on any new pool. If you like the concept and potential of the company in the pool, join that group. Be part owner of the company and receive profits regularly. If not, simply pass it to wait for later pools. It really is quite that simple. With membership to World Limited Partnership Program free, I see no reason you passing up the opportunity.

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