To: jhild who wrote (16330 ) 10/23/1998 10:17:00 PM From: ISOMAN Read Replies (1) | Respond to of 43774
Here is what there brochure said: United Offshore Services, Ltd. Offering Offshore Company Formation, Management And Services Worldwide Welcomes You to a World of Opportunities in Foreign Exchange Currency Investments. Foreign Currency Investing is The Most Aggressive Investment Vehicle in the World Today Many of the largest banks in the World generate 40 to 60 percent of their income through trading currencies in the foreign exchange (FOREX) market. $1.2 Trillion a day is traded in the FOREX market. Compare that to the New York Stock Exchange with an average daily volume of just under $20 billion. The global economy is developing at an unprecedented pace. Since the early 1970's the FOREX market has become an essential part of the global financial economy. As international commerce has increased, the FOREX market has emerged between large financial institutions to move foreign currencies throughout the World. IN THE LAST 20 YEARS THE DOLLAR HAS LOST 89% OF ITS VALUE IN PURCHASING POWER. These losses have been passed on to you in the form of higher prices. The reality is that it is not always beneficial to have all you money in U.S. Dollars. With increased international and financial competition with the U.S. most major currencies have gained substantial value against the Dollar while the Dollar's purchasing power has dwindled. By buying and selling these major currencies against the Dollar it is possible to achieve a rate of return that substantially exceed those of other investments such as stocks, bonds, mutual funds and futures. THE FOREX MARKET IS THE LAST TRUE FREE MARKET The FOREX market is a 24 hour market which opens Sunday night (7:00 p.m. CST) and is active until Friday afternoon (2:00 p.m. CST); it opens in New Zealand and Australia, progresses through Japan and Asia, moves to the large banking centers of Frankfurt, Zurich and London and then completes the daily cycle in the United Offshore States. Unlike other volume markets with their vulnerability to insider trading, collusion and price fixing, it is difficult to acquire and benefit from secrets in the FOREX market. Traders have around the clock access to historical market data and up to the second news and information provided by state of the art technology using satellite and computer networks. Financial markets are tracked continuously. Real-time price quotes and news are broadcast simultaneously to every trader had equal access to vital information. NOW YOU CAN PARTICIPATE IN THE LARGEST MOST DYNAMIC MARKET ON THE PLANET THROUGH THE SERVICES WE PROVIDE. Integrated computer networks and high speed wire transfers have allowed for easier and more efficient cash settlements allowing more individuals, business and institutions to take advantage of currency price fluctuations. What was once the privilege of only the largest companies, large international banks and governments is now available to sophisticated individual investors. Opening an account through us will allow you to participate in this market via a professional trader who will position your account in one of the four leading World currencies… the German Deutsche Mark, Japanese Yen, British Pound and Swiss Franc. Each $1,500 of your account will control up to $150,000 worth of foreign currency so that your trader can take advantage of even small fluctuations in the currency's value. There are no hidden management fees or add-on costs, but rather a straight commission paid out of earnings on each trade. There is a one to one relationship between you and the trader, and daily account status reports can be provided. Several preset benchmark levels and stops are placed to protect an investor's account. However, since investors have the ultimate control over their accounts, they can specify additional benchmark levels, trading strategies and comfortable risk tolerances. Only a portion of your account is being traded at any one time, and trades are positioned for a short term turn-around in the market. OFFSHORE INVESTMENTS As a servicing service of an offshore corporation, the gains remain offshore under the jurisdiction of international corporate law. Reporting of tax profits is strictly the responsibility of the client. We, the trader, nor the company we recommend is responsible for reporting gains to any governmental authority. Investor accounts are also denominated in U.S. Dollars and deposited with credible international banks. THE COMPANY PROVIDING THE SERVICE The company you may choose to place your account with is a multinational group of financial companies headquartered in Asia and is a pioneer in the FOREX market with over eighteen years experience. By virtue of its financial stability and seasoned expertise, the company can help you take advantage of opportunities in the FOREX market like no other company n the world. If you are a sophisticated investor with discretionary income, tired of your stock broker pitching flavor of the week and looking for the potential of above average returns, consider this company's services as an investment opportunity to profitably diversify your portfolio. Now, You Can Open Your Account With A Minimum Amount! Form An International Business Company. Use The Means Described And Open Your Account With $1500 Or $2000. We put up the money for you! Normally, your opening minimum balance would be $35,000. Perhaps you are not interested in forming an International Business company. If that is the case, we will be happy to assist you with the standard approach which requires a minimum of $35,000. Simply let us know.