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I recently purchased a product for R14600 from a company in Cape Town South Africa called Bas Four (PTY) Ltd. They also have another registered name Datro Tech.
A sales representative by the name of Russel, called me up and told me about an amazing investment product called Intellivest, that would earn me apporx. R250 to R350 perday. it was based on the thoroughbred horseracing industry as they had found this to be the most reliable and statistically viable investment option rather than the Stock market which was way too volatile.
I was not convinced and didn't go for it immediately. Russel called me back on a few occasions after that and slowly convinced me that the product would earn me R6000 - R8000 a month and it was being sold out fast. Then I got a call from a Richard, who took over from Russell. Richard convinced me that the product really made good returns and even presented an Excel spreadsheet on their web site with figures from Jan - May. It showed a steady profit of R6000 per month.
Anyway, after about 8 conversations on the phone and much oohin and aahing on my part, i eventually was put through to Doug who also confirmed that the product earned R6000 - R8000 per month and that I could put the transaction through on a 55 day facility on a budget facility on a credit card and the whole amount of R14600 would be paid by the time the first transaction was due to come off.
Still I was hesitant. My wife was totally against it, so they called her and gave her the sales talk. We decided that R6000 pr month extra could really help and pay for the kids school and little extra's.
needless to say, I signed over the money, and received the software. The software gives a daily printout of it's pick of horses that will take a place (1st , 2nd or 3rd) in certain races. although the software does this on a daily basis, the horses it calls are regularly very low paying and low dividend yielding horses. So you would "invest " R100 and if the horse comes in, earn R40 or R50. As you can tell, it would take one loss, and 2-3 of your profits are wiped out. Thus My account slowly declined, until I deceided to stop altogether, as the cost of the program and the losses would quickly add up to the whole years funds for one of my children.
I called the very eager people at Bas Four after 2 weeks (eager before they had my money) to tell them that I would like a refund as the program does not do what the telephone conversations with Russell, Richard and Doug and 2 other people whose names I can't recall, had promised. Make me R250 - R350 per day. After about the fourth message, a gentleman named Doug, called me back to say "they don't give refunds". Full stop.
Conclusion: .I would have been better off investing my money in the bank or investing it in low risk stocks and bonds or just in my house bond account.
A sales representative by the name of Russel, called me up and told me about an amazing investment product called Intellivest, that would earn me apporx. R250 to R350 perday. it was based on the thoroughbred horseracing industry as they had found this to be the most reliable and statistically viable investment option rather than the Stock market which was way too volatile.
I was not convinced and didn't go for it immediately. Russel called me back on a few occasions after that and slowly convinced me that the product would earn me R6000 - R8000 a month and it was being sold out fast. Then I got a call from a Richard, who took over from Russell. Richard convinced me that the product really made good returns and even presented an Excel spreadsheet on their web site with figures from Jan - May. It showed a steady profit of R6000 per month.
Anyway, after about 8 conversations on the phone and much oohin and aahing on my part, i eventually was put through to Doug who also confirmed that the product earned R6000 - R8000 per month and that I could put the transaction through on a 55 day facility on a budget facility on a credit card and the whole amount of R14600 would be paid by the time the first transaction was due to come off.
Still I was hesitant. My wife was totally against it, so they called her and gave her the sales talk. We decided that R6000 pr month extra could really help and pay for the kids school and little extra's.
needless to say, I signed over the money, and received the software. The software gives a daily printout of it's pick of horses that will take a place (1st , 2nd or 3rd) in certain races. although the software does this on a daily basis, the horses it calls are regularly very low paying and low dividend yielding horses. So you would "invest " R100 and if the horse comes in, earn R40 or R50. As you can tell, it would take one loss, and 2-3 of your profits are wiped out. Thus My account slowly declined, until I deceided to stop altogether, as the cost of the program and the losses would quickly add up to the whole years funds for one of my children.
I called the very eager people at Bas Four after 2 weeks (eager before they had my money) to tell them that I would like a refund as the program does not do what the telephone conversations with Russell, Richard and Doug and 2 other people whose names I can't recall, had promised. Make me R250 - R350 per day. After about the fourth message, a gentleman named Doug, called me back to say "they don't give refunds". Full stop.
Conclusion: .I would have been better off investing my money in the bank or investing it in low risk stocks and bonds or just in my house bond account.
Latest page update: made by allan99
, Oct 16 2006, 11:00 AM EDT
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Keyword tags:
bas
four
horseracing
intellivest
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(Showing the last 5 of 6 - view all)
| Started By | Thread Subject | Replies | Last Post | |
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| Anonymous | same experience | 4 | Jul 10 2008, 4:40 AM EDT by Anonymous | |
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Thread started: Feb 6 2007, 6:43 AM EST
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i think this might be a bunch of con-men. if you're interested in buying the software, first look at the report for past performance on the intellivest website. it looks great, but a substantial amount of days performamces were left out of the report. i'm asking the question: are those days not profitable days or WHAT??
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| Anonymous | Horseracing software | 2 | Jul 10 2008, 4:36 AM EDT by Anonymous | |
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Thread started: Apr 24 2007, 3:41 PM EDT
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If you want software that works well and doesnt cost a fortune check out www.formrater.co.za
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| Anonymous | intellivest Basfour | 6 | Jul 10 2008, 4:35 AM EDT by Anonymous | |
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Thread started: Sep 18 2007, 6:04 AM EDT
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Had the same experience, just I paid R35000 for the program. They don,t return phone calls. We are taking legal action now. If you had the same experience, contact me on jsbtron@hotmail.com
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| Anonymous | Basfour / Intellivest / Datro Horse Racing Program (page: 1 2) | 37 | Jul 10 2008, 4:35 AM EDT by Anonymous | |
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Thread started: Sep 22 2007, 1:52 AM EDT
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If anyone bought the program and had the same experience, please contact me on jsbtron@hotmail.com
We are currently busy with an investigation and legal action.
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| Anonymous | Thank you!! | 3 | Jul 10 2008, 4:32 AM EDT by Anonymous | |
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Thread started: Mar 22 2007, 6:20 AM EDT
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I was a keen investor until I read the above. Thank you so much for your truthfull comments regarding the software and the "service" received. Specially the "they don't give refunds". This was obviously initially promised, as I received the promise myself. Sorry about your loss, but i'm sure you have and will save a lot of people including myself the outlay. Regards
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