Sunday, August 21, 2005

Time's up

They are everywhere.

Big friendly letters announce ‘Instant Cash’ or ‘Quick Money!’ A few speak with uncanny insight and understanding: ‘Need help?’ or ‘Take the pressure off.’

The copy for loan shark ads is succinct and effective. The language clear as whistle, and the promise like a lifeline to those drowning. And you have to be drowning to be willing to give up the following information:
A photocopy of your bank passbook/statement.
Copies of your past two months’ pay slips.
A photocopy of your ID or driver’s license.

You have to be driven to desperation to give up such private information for sums as low as 300 bucks.

Interest rates are in the order of 40-50%, usually calculated on a weekly basis.
A loan of a thousand becomes 1500 in a week, increasing exponentially.

I have wondered what drove Junior to consider and ultimately choose a loan shark as an option. His middle class parents are well to do, and outwardly, he does not want for anything. I had speculated he might have been tricked into being a guarantor for some other desperate friend. One neighbour speculated he might have gotten himself in debt with the online gambling that seems is becoming a plague amongst youths.

The house has been very quiet.
The porch light is on, but the house itself is dark.
Since the last visit from the collectors, my neighbours seem to have gone into hiding. They were missing for more than 24 hours and only returned once in the past week, and even then only during the day.
The plants are beginning to wilt from neglect.
The same laundry hangs from lines, uncollected.

Junior’s sister was asked by one of our neighbours about the trouble.
She was somber, but frank about the matter: “Yes, my brother’s in some trouble with loan sharks.” A coupla months back. Junior’s sister had a bad auto accident right in front of our street (I called Auto Assist for her). The car was totaled but she was uninjured.

She returned to the house this week to collect some things. It is mere coincidence that she also took delivery of her new car this week. And when she drove it over, I wonder if those men in the van saw her.

For two nights, a white van has been parked on our street. The men inside made no noise, but also made no effort to hide their presence. Our neighbourhood patrol were informed and on the second night, they asked the men to leave.

I wonder what they thought as they sat waiting for Junior and his family who couldn’t (or wouldn’t) pay them and yet managed to splash out for a new ride. I wonder if that’s what made them decide to crank things up a notch.

Tonight, there is red paint on my neighbours’ walls.

My mother, who grew up in a rough neighbourhood says this is the last warning.
It is a traditional signal used by loan sharks.

The red paint is a message: When next we come, there will be blood.

1 comment:

cynthia768frank said...

='Brand New News From The Timber Industry!!'=

========Latest Profile==========
Energy & Asset Technology, Inc. (EGTY)
Current Price $0.15
================================

Recognize this undiscovered gem which is poised to jump!!

Please read the following Announcement in its Entierty and
Consider the Possibilities
Watch this One to Trade!

Because, EGTY has secured the global rights to market
genetically enhanced fast growing, hard-wood trees!

EGTY trading volume is beginning to surge with landslide Announcement.
The value of this Stock appears poised for growth! This one will not
remain on the ground floor for long.

Keep Reading!!!!

===============
"BREAKING NEWS"
===============

-Energy and Asset Technology, Inc. (EGTY) owns a global license to market
the genetically enhanced Global Cedar growth trees, with plans to
REVOLUTIONIZE the forest-timber industry.

These newly enhanced Global Cedar trees require only 9-12 years of growth before they can
be harvested for lumber, whereas worldwide growth time for lumber is 30-50 years.

Other than growing at an astonishing rate, the Global Cedar has a number of other benefits.
Its natural elements make it resistant to termites, and the lack of oils and sap found in the wood
make it resistant to forest fire, ensuring higher returns on investments.

the wood is very lightweight and strong, lighter than Poplar and over twice
as strong as Balsa, which makes it great for construction. It also has
the unique ability to regrow itself from the stump, minimizing the land and
time to replant and develop new root systems.

Based on current resources and agreements, EGTY projects revenues of $140 Million
with an approximate profit margin of 40% for each 9-year cycle. With anticipated
growth, EGTY is expected to challenge Deltic Timber Corp. during its initial 9-year cycle.

Deltic Timber Corp. currently trades at over $38.00 a share with about $153 Million in revenues.
As the reputation and demand for the Global Cedar tree continues to grow around the world
EGTY believes additional multi-million dollar agreements will be forthcoming. The Global Cedar nursery has produced
about 100,000 infant plants and is developing a production growth target of 250,000 infant plants per month.

Energy and Asset Technology is currently in negotiations with land and business owners in New Zealand,
Greece and Malaysia regarding the purchase of their popular and profitable fast growing infant tree plants.
Inquiries from the governments of Brazil and Ecuador are also being evaluated.

Conclusion:

The examples above show the Awesome, Earning Potential of little
known Companies That Explode onto Investor�s Radar Screens.
This stock will not be a Secret for long. Then You May Feel the Desire to Act Right
Now! And Please Watch This One Trade!!


GO EGTY!


All statements made are our express opinion only and should be treated as such.
We may own, take position and sell any securities mentioned at any time. Any statements that express or involve discussions with respect
to predictions, goals, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are
not statements of historical fact and may be "forward, looking
statements." forward, looking statements are based on expectations, estimates
and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results
or events to differ materially from those presently anticipated. This newsletter was paid $3,000 from third party (IR Marketing).
Forward,|ooking statements in this action may be identified through the use of words such as: "projects", "foresee", "expects". in compliance with Se'ction 17. {b), we disclose the holding of EGTY shares prior to the publication of this report. Be aware of an inherent conflict of interest resulting from such holdings due to our intent to profit from the liquidation of these shares. Shares may be sold at any time, even after positive statements have been made regarding the above company. Since we own shares, there is an inherent conflict of interest in our statements and opinions. Readers of this publication are cautioned not to place undue reliance on forward,looking statements, which are based on certain assumptions and expectations involving various risks and uncertainties that could cause results to
differ materially from those set forth in the forward- looking statements. This is not solicitation to buy or sell stocks, this text is
or informational purpose only and you should seek professional advice from registered financial advisor before you do anything related with buying or selling stocks, penny stocks are very high risk and you can lose your entire investment.