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If its too good to be true, it prolly is?

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Old 05 June 2006, 11:53 PM
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Stueyb
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Default If its too good to be true, it prolly is?

Hi peeps,

Need some help here. I have been given a very rare opportunity to make a good wad of cash on the side, ie £500 per month. Dont want to go into specifics, except its a piece of software. He is hurting for cash after moving house to a HUGE house, hence the reason for sale of software.

Now the problem, the rights to this very specialist software are £7,000 one time fee and yes it does work and yes it makes money (upwards of £1k per month for about 2 hours work a day - ive admined for him in the past). I have never met this person in the flesh but I have known him for several years, he has helped me build my empire in google so that I am number 1 on a lot of highly contested phrases, given me some of the other software he has written for free etc and generally helped me carve out a presence on the web to be proud of.

But I cant stop the alarm bells of "if it sounds too good to be true, prolly is"

Any way I can mimimse my exposure ?

Any other thoughts?
Old 06 June 2006, 02:06 AM
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oik
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Originally Posted by Stueyb
Hi peeps,

Need some help here. I have been given a very rare opportunity to make a good wad of cash on the side, ie £500 per month. Dont want to go into specifics, except its a piece of software. He is hurting for cash after moving house to a HUGE house, hence the reason for sale of software.

Now the problem, the rights to this very specialist software are £7,000 one time fee and yes it does work and yes it makes money (upwards of £1k per month for about 2 hours work a day - ive admined for him in the past). I have never met this person in the flesh but I have known him for several years, he has helped me build my empire in google so that I am number 1 on a lot of highly contested phrases, given me some of the other software he has written for free etc and generally helped me carve out a presence on the web to be proud of.

But I cant stop the alarm bells of "if it sounds too good to be true, prolly is"

Any way I can mimimse my exposure ?

Any other thoughts?
So what do you want help with? ... whether you should give a person in a mansion you have never met seven grand for software that you can't tell us about?

If this software makes such good money per month why sell it? ... especially if this person is gagging for money (having moved to a HUGE house, afterall )

Yeah, go for it Emperor Google!
Old 06 June 2006, 09:31 AM
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Sub97
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If he is "hurting for cash" after moving to a "huge house" how is 7k going to make much difference? Surely he could add that to his mortgage and for 2 hours work a month pay if off in just over a year?
Old 06 June 2006, 09:38 AM
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GaryK
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Yep as above stuey, if it does make £500 a month as claimed then surely he is better off keeping it and raking in the residuals rather than get a one off hit from it. I would want absolutely concrete evidence of its earning potential or even say after 30 days you should have earned £500 and then perhaps pay for it. It does sound a trifle iffy.

Gary
Old 06 June 2006, 09:41 AM
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Jerome
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All depends if you can afford to lose £7k.

If you can't, steer well clear. Personally I would steer well clear anyway.
Old 06 June 2006, 10:57 AM
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Mark Miwurdz
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Something doesn't stack here - looks like bollocks to me.
Old 06 June 2006, 11:12 AM
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AndyC_772
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Sounds like bollocks to me too - the lack of information about what this software is and how you can allegedly make money from it so easily speaks volumes. Spill the beans; if the software itself has any value over and above the mere claims about what it can do, then there's no harm in doing so. Unless it's a spam engine, botnet controller or something equally unsavoury, of course.

However, you can easily minimise your exposure by agreeing payment terms: 50% of net earnings received as a result of using this fabulous tool, up to the limit of £7k, then you keep the rest. So, if it doesn't work, you pay nothing.
Old 06 June 2006, 12:14 PM
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stilover
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Sounds like a scam to me.

I'd stay well clear. As the saying goes, if it sounds too good to be true.......
Old 06 June 2006, 01:33 PM
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bren.wright
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Originally Posted by oik
Yeah, go for it Emperor Google!
lmfao!
Old 06 June 2006, 01:45 PM
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speedking
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Probably
Old 06 June 2006, 01:53 PM
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MJW
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Is this big house in Nigeria by any chance ?
Old 06 June 2006, 02:44 PM
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chris singleton
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Originally Posted by MJW
Is this big house in Nigeria by any chance ?

FPMSL
Old 06 June 2006, 02:55 PM
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jjones
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is his telephone number : 00234 419 419?
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