Pgi

This is a discussion on Pgi within the First Steps forums, part of the Reception category; Here is the content of the email response I received from Wagner & Wright: Companies which are required to hold ...

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Old Jun 8, 2011, 5:49am   #1023
Joined Jan 2011
Re: Pgi

Here is the content of the email response I received from Wagner & Wright:

Companies which are required to hold an AFS licence are in general terms those carrying on a business of providing financial services, such as banks, credit societies, managed funds, insurance companies, financial advisers and the like.
ASIC states:
“You may need an AFS licence if, as part of your business, you:
• provide financial product advice
• deal in a financial product
• make a market for a financial product
• operate a registered scheme
• provide a custodial or depository service.
These types of conduct will only be a financial service if they are provided in relation to a financial product.”

Wagner and Wright Index Solutions Pty Ltd complies at all times with all regulatory requirements, and our advice is quite specific that we are not required to hold an AFS licence. We analyse the fluctuation of stock market indices. Subscribers to our service wager on the movement of indices, and consider the information contained in the alerts we issue to them when making decisions on many of their wagers.
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Old Jun 8, 2011, 8:01am   #1024
Joined Aug 2008
Re: Pgi

Juiser
That is not really true... this firm is really giving out buy sell signals on a financial product
I bet if ASIC finds out they will be toast
But you are already "converted" so no point in arguing with you
By the what is the website?
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Old Jun 8, 2011, 4:59pm   #1025
Joined Jan 2011
Re: Pgi

Quote:
Originally Posted by moksha99 View Post
Juiser
That is not really true... this firm is really giving out buy sell signals on a financial product
I bet if ASIC finds out they will be toast
But you are already "converted" so no point in arguing with you
By the what is the website?
The good thing about this forum is that everyone gets the opportunity to voice their opinions on all aspects of this type of trading.
What I find concerning is the personal slant you have added in response to my last post [But you are already "converted" so no point in arguing with you]. In my opinion it's condescending and insulting to me, and weakens your argument. But anyway, let's move on.
In earlier posts on this forum you expressed interest in Wagner & Wright clouded by scepticism ["Interested but all this sounds bit fishy...", "Is this company a regulated by ASIC?", "Could not find any info on web? on W&W"]. All of the questions you posted are logical and relevant to all of us who have either been previously scammed or lucky enough to avoid what could have been a costly experience. That’s why we love this forum, and that is why I provided you with my experience and the company’s contact information in my response. We are all grateful for the warnings as well as the recommendations.
My confusion is that your subsequent comments indicate that you have not bothered to use the information I gave you at all to conduct your own investigation, as you are making generalized negative comments about the company while still asking for their contact information.
The thing is, I am making good money from subscribing to their service, and I have done so consistently every week since I started my subscription about 2 months ago, and judging by comments posted previously here, it seems that there are lots of other people who visit this forum who are also making money from their information.
If you want us to take your comments seriously don’t flame posters who are just trying to help you. Go and put your questions to Wagner & Wright and then post their replies on this forum if they’re not what you think are correct.
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Old Jun 8, 2011, 9:34pm   #1026
Joined Mar 2011
Re: Pgi

I had 3 alerts yesterday that I did and won all of them in my first 20 minutes and did a second bet on 1 of them which also won in 20 minutes so I good day.
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Old Jun 9, 2011, 7:13am   #1027
Joined Aug 2008
Re: Pgi

ok Juicer
If I have assumed something in correctly about you sorry
However my questions are very logical and i tried to find out info on web about this company but not much out there
If you look at each question you will realize
ASIC and AFSL is a very serious business hope you know that
People have lost millions by dodgy schemes so as a consumer anybody and everybody should ask these questions...
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Old Jun 11, 2011, 10:28pm   #1028
Joined Sep 2010
Re: Pgi

Quote:
Originally Posted by juiser View Post
Wagner & Wright contact information:

BARRY O’CALLAGHAN

Managing Director

Wagner & Wright Index Solutions Pty Ltd

PO Box 4415 Ashmore LPO 4214

Phone 0425 661245

wwis@live.com.au
Who is Barry O'Callaghan and what is his history?

What is the physical office address of this company?
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Old Jun 13, 2011, 3:08pm   #1029
Joined Jan 2011
Re: Pgi

Quote:
Originally Posted by moksha99 View Post
ok Juicer
If I have assumed something in correctly about you sorry
However my questions are very logical and i tried to find out info on web about this company but not much out there
If you look at each question you will realize
ASIC and AFSL is a very serious business hope you know that
People have lost millions by dodgy schemes so as a consumer anybody and everybody should ask these questions...
Are you seriously interested in getting moren info on Wagner & Wright or are you just here to sh#tstir? As a Wagner & Wright subscriber I am not the person you need to direct your questions about the company to. I am happy to put forward my impressions and comments based on my trading results on their alerts [as I have already done], but as I have pointed out to you before you should be directing your questions directly to them and then post their responses and your comments here.
I note that you have still not posted any response, which makes me wonder about your true motivation.
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