Best report
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May 21, 2014
Another oil & gas drilling idiot.
That's the first sign of a scam / ripoff / bad deal - when THEY come looking for YOUR money. If it were REALLY a great and profitable deal - you'd never hear about it. They'd be too busy sticking their friends and family into it that they wouldn't have time to make cold calls. But when the thing is a DOG and wouldn't make a dollar under any circumstance - they come out of the wood work looking for people to invest in it.
My favorite part about these deals is they always offer it as a "tax advantage" or a "tax deduction" - this lets you KNOW right up front you will be LOSING your money. You don't get a deduction from the IRS unless your money goes bye-bye.
That's the first sign of a scam / ripoff / bad deal - when THEY come looking for YOUR money. If it were REALLY a great and profitable deal - you'd never hear about it. They'd be too busy sticking their friends and family into it that they wouldn't have time to make cold calls. But when the thing is a DOG and wouldn't make a dollar under any circumstance - they come out of the wood work looking for people to invest in it.
My favorite part about these deals is they always offer it as a "tax advantage" or a "tax deduction" - this lets you KNOW right up front you will be LOSING your money. You don't get a deduction from the IRS unless your money goes bye-bye.