Outside Track

Keywords - INSIDE TRACK SEMINARS LIMITED, (Seminars) Company No. 04444151 INSTANT ACCESS PROPERTIES LIMITED, (Estate Agency) Company No.

JAMES P DANIELS LIMITED, FSA Reg. 474152

What is? A hyperlink? Why not post your own comments instead of links.

A company that were charging 2,500 for seminars on how to successfully invest is filing for administration just because of a relatively small downturn in the market!! Wonder how many of the idiots who paid 2,500 are going to follow them down the pan??

Doubt it. They will be back pedalling gold bars and rice futures..

That's what I don't understand... how can they go belly up if all they do is charge for seminars..?

Wonder if they accepted credit cards for that 2,500 pds..

Because nobody is going to their seminars anymore, and they still have all the overheads to pay for.

Besides if they go into liquidation they can maybe avoid paying their outstanding bills.

And they didn't *plan* for what would happen if there was downturn in the market? They didn't realise that falling house prices would result in people not wanting to go to their seminars?

Wonder how their seminars advised about planning for different market conditions???

What overheads..? A guy who turns up with a powerpoint presentation..? A conference room booking for next month..?

It could not have happened to nicer people. But I am sure they will be back in one form or another, relieving people of their money.

Exactly. Either they were truly incompetent before the downturn or they're attempting to protect their assets. (Diverting them into the agent side?)

Dave F.

Exactly. Either they were truly incompetent before the downturn or they're attempting to protect their assets. (Diverting them into the agent side?)

Dave F.

"Andy Pandy" wrote

Perhaps they *did* plan for a possible downturn... Their plan might have been to file for administration !!