Corporate Governance Statement
Company Background
It was during the recession period of 1991, people are in deep financial crisis and there was hardly anyone in this situation could do anything about, the jobs were hard to get, home prices had been down for years, savings and loans were still failing left and right and not to mention the increase in debt. Most of the people had invested in different stocks and shares to which the return at that time was almost nothing just when it was the most needed.
Cash is King
Cash is King is an old saying and has a lot of wisdom attached to that statement. Unless you have millions of dollars, majority of the population is living by maximising their available credit and then end up repaying those debts for their entire lives.
We at the organisation were trying to find a way whereby it would be possible to secure one-self and obtain a good retirement fund. We noticed the only industry that was never affected and in fact always boomed was the gambling industry generating multibillion dollar turnovers every year. We wanted to be a part of that so we commenced working on a system that would enable our clients to involve themselves in a rewarding investment business that would not interfere with their current work situation at all.
The organisation engaged a professional team of computer programmers, statisticians and mathematicians. The statisticians and mathematicians have gone through extensive research and development in the thoroughbred racing industry. They analysed every race around the world over the last 15 years, this enabled us an opportunity to formulate a platform. This platform has helped generate secondary income to our clients for over 10 years.