Dear members, I like the advice from Denis that 100,000= quarterly should be a starting point depending on how it moves, adjustments will be made.we pay this for one quarter and see how it moves then we contribute the second quarter etc. You know, we have not started but we are discussing too much ahead which would be good but at times those are the small things which make us fail. Some people are already talking of having more shares etc, this would not be bad but my suggestion would be to first take off with the amount which looks little for others and yet may not be easy for others to get. I would suggest that we start small and move slowly but surely otherwise we shall fail to take off. I tend to think that this expert advice from Denis was not without a reason.
Thanks Christine On Tue, Jan 25, 2011 at 3:00 PM, Onzoma Apollo <apon...@gmail.com> wrote: > Bwana Caleb, > > Thanks for the additional clarification except the 100k per month for two > years or more is likely to eliminate many from the arrangement. Well we > still look foward to getting the details from the TOR. > Onzoma > > > On Tue, Jan 25, 2011 at 2:31 PM, Caleb Alaka <calebal...@yahoo.com> wrote: > >> Dear Maandera, >> >> The suggestion for 100,000 quarterly was just muted but not yet adopted. >> Some Members suggested that it should be 100,000/= per month say for two or >> three years. The fund will have an investment manager who will be an >> investment advisor. The committee is seating tomorrow to fine tune, its TOR >> which will be discussed and approved by the Forum. >> >> --- On *Tue, 1/25/11, Maandera <ibmaand...@gmail.com>* wrote: >> >> >> From: Maandera <ibmaand...@gmail.com> >> Subject: Re: [WestNileNet] Science Cafe & Birth of West Nile Foundation >> Investment Club >> >> To: "A Virtual Network for friends of West Nile" <westnilenet@kym.net> >> Date: Tuesday, January 25, 2011, 5:40 AM >> >> >> Hi All, >> >> I have browsed the ideas shared on this net on the Investment Club. Since >> I am among those who missed the Science Cafe presentation, I have two >> requests to make. I suppose the first one is part of the report. All the >> same let me pre-empt it. >> >> 1. *About the quarterly payment*: Does it go on forever or is there a >> time period e.g 2 years, etc when one pays this 100,000/= quarterly? What >> happens when one defaults payment in one or two quarters? >> >> 2. *About the venue for the Science Cafe* -- if it does not infringe on >> the privacy and security of our hosting brother, may I request that a >> "how-to-get-there" direction is posted for those who are not familiar with >> K'la or Naalya for that matter? I might not be the only one in Jerusalem who >> does not know the place. It would be nice if you could kindly provide >> options for those of us who use public means, including boda-bodas and those >> who use their own vehicles. >> >> I must appreciate the fact that this time members have some video >> recording of the presentation. I remember requesting this towards the >> beginning of these Cafe presentations. No one even commended on it. I still >> think for documentation purposes, recording these events are useful. >> >> Thanks for all your efforts. >> >> Maandera >> >> >> On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka <*MailScanner has detected a >> possible fraud attempt from "mc" claiming to be* >> calebal...@yahoo.com<http://mc/compose?to=calebal...@yahoo.com> >> > wrote: >> >> >> >> --- On *Mon, 1/24/11, Caleb Alaka <MailScanner has detected a possible >> fraud attempt from "mc" claiming to be >> calebal...@yahoo.com<http://mc/compose?to=calebal...@yahoo.com> >> >* wrote: >> >> >> From: Caleb Alaka <*MailScanner has detected a possible fraud attempt >> from "mc" claiming to be* >> calebal...@yahoo.com<http://mc/compose?to=calebal...@yahoo.com> >> > >> Subject: Birth of West Nile Foundation Investment Club >> >> To: "A Virtual Network for friends of West Nile" <*MailScanner has >> detected a possible fraud attempt from "mc" claiming to >> be*westnilenet@kym.net<http://mc/compose?to=westnilenet@kym.net> >> > >> Date: Monday, January 24, 2011, 5:49 AM >> >> >> Ladies and Gentlemen, >> >> As you are absolutely aware, one of our objectives as stated in our >> memorandum and articles of association is to venture into a collective >> investment scheme. The same is also reflected in our strategic Plan. Good >> news, Yesterday, during the science cafe under the tutelage of our able >> sister Christine Munduru, Our own investment expert Denis Aliga together >> with our ebullient elder Geoffrey Onegi Obel who is the God father of >> Capital Markets in Uganda made a breath taking presentation on collective >> investment schemes. Members then resolved to move forward and as a result >> the Committee on the WNFIC was formed. The members of the committee are the >> following: >> 1. Chairperson Richard Okuti Borao >> 2. Vice Chairperson Adiga Jimmy >> 3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo >> Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis >> Aliga is the Investment advisor and Caleb Alaka is an ex-officio by virtue >> of his position as the President. Members also agreed that the committee >> formulates its TOR, and members are urged to contribute a minimum of 100,000 >> per each three months to the scheme, the funds will be managed by a fund >> manager registered and approved by the capital markets authority. >> >> >> >> -- >> This message has been scanned for viruses and >> dangerous content by *MailScanner* <http://www.mailscanner.info/>, and is >> >> believed to be clean. >> >> _______________________________________________ >> WestNileNet mailing list >> *MailScanner has detected a possible fraud attempt from "mc" claiming to >> be* WestNileNet@kym.net <http://mc/compose?to=WestNileNet@kym.net> >> http://orion.kym.net/mailman/listinfo/westnilenet >> >> WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ >> >> All Archives can be found at >> http://www.mail-archive.com/westnilenet@kym.net/ >> >> The above comments and data are owned by whoever posted them (including >> attachments if any). The List's Host is not responsible for them in any way. >> _______________________________________________ >> >> >> >> -- >> This message has been scanned for viruses and >> dangerous content by *MailScanner* <http://www.mailscanner.info/>, and is >> >> believed to be clean. >> >> -----Inline Attachment Follows----- >> >> >> _______________________________________________ >> WestNileNet mailing list >> *MailScanner has detected a possible fraud attempt from "mc" claiming to >> be* WestNileNet@kym.net <http://mc/compose?to=WestNileNet@kym.net> >> http://orion.kym.net/mailman/listinfo/westnilenet >> >> WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ >> >> All Archives can be found at >> http://www.mail-archive.com/westnilenet@kym.net/ >> >> The above comments and data are owned by whoever posted them (including >> attachments if any). The List's Host is not responsible for them in any way. >> _______________________________________________ >> >> >> >> -- >> This message has been scanned for viruses and >> dangerous content by *MailScanner* <http://www.mailscanner.info/>, and is >> >> believed to be clean. >> >> _______________________________________________ >> WestNileNet mailing list >> WestNileNet@kym.net >> http://orion.kym.net/mailman/listinfo/westnilenet >> >> WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ >> >> All Archives can be found at >> http://www.mail-archive.com/westnilenet@kym.net/ >> >> The above comments and data are owned by whoever posted them (including >> attachments if any). The List's Host is not responsible for them in any way. >> _______________________________________________ >> >> > > -- > This message has been scanned for viruses and > dangerous content by *MailScanner* <http://www.mailscanner.info/>, and is > believed to be clean. > _______________________________________________ > WestNileNet mailing list > WestNileNet@kym.net > http://orion.kym.net/mailman/listinfo/westnilenet > > WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ > > All Archives can be found at > http://www.mail-archive.com/westnilenet@kym.net/ > > The above comments and data are owned by whoever posted them (including > attachments if any). The List's Host is not responsible for them in any way. > _______________________________________________ > > -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean.
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