A Registered Company - The new tagline of PTC Sites
By silentwill
@silentwill (1685)
Philippines
January 10, 2011 3:23pm CST
I recently joined two PTC sites that claim that they are "registered companies." First one is vcBux and another one is Vynbux. I must admit I did join them because of the premise that they'd be the next neobux or onBux but I'm not holding my breath, I know they could easily turn into scam. Still it won't hurt if I join early while the iron is hot just in case they do grow to be THE next sites to rule the PTC world.
My question is do you think branding a PTC site as a "registered company" is an effective marketing strategy to get people's trust to join. Do you think they're really registered or are they just trying to ride on the coattails of onBux which also made the same claim (I have no idea if it's been proven)? Are you more likely to join these "registered" PTC sites than others which don't make that claim?
1 person likes this
3 responses
@louievill (28847)
• Philippines
10 Jan 11
hi Silentwill,
I think credibility of being a "registered company" depends on the country where a site or a business for that matter is registered. Yes I have observed that Neobux and Onbux have "LTD" so I would presume that they are English registered and both sites seem to be doing good with regards to payment,just recently Palmbux also claimed that they are also registered now. My guess is that there are countries where when you are registered would give you more responsibility, meaning have moral and legal responsibilities in running your business otherwise you would be subject to litigations, they may also have have safeguards to trace you right away,if you pay your taxes or check if you launder money as compared to one that is colorum type or unregistered, now that's the good side.
Now I think the downside would be in some countries it is easier to put up a registered business for nothing or a small fee, the government are practically incapable of checking and when companies scam, they just dissolve the company and go on put up another one, and as you mentioned this could be used for deception and make as all believe that because they are registered, they could be trusted and yes they will ride as members also do the band wagon of registered companies that are doing well.
To conclude, to see a company is registered is a good start but the responsibility still lies on the members to do their research such as what country? the whois? check other forums what other members are saying about the site etc..before joining or investing any money. have a nice day
1 person likes this
@silentwill (1685)
• Philippines
11 Jan 11
I agree. It's a good start but we still need to do our work in making sure the site is legit before we invest into it. It may be a good sign that the owner of the site is serious in making the company work and grow and be like neobux and onBux but it could very well be just a bait to get more investors and still scam us. The good thing is to join early so that you get the benefits the early birds usually get like free Pioneer accounts, getting early referrals and all that, but hold off on investing until after a few months and the sites gets more established.
1 person likes this
@MildMix (119)
•
10 Jan 11
It does seem like a pretty good strategy, and could be an excellent scam if that's what it is.
There are a few ways of checking if a company is registered, depending on the country. I know the UK has the 'Companies House' website which will give you details of a registered company and I also think there's one called Webcheck which lists a few as well.
It's definitely worth 'Googling' the companies list for wherever they are based and see whether you can find out if they're registered or not. If they're not then I'd obviously keep well away.
@yspmyl (3435)
• Malaysia
11 Jan 11
It depend on how you define "registered company". Are they registered in the Registrar of Business in their country? Or they just registered their domain address and providing fake information.
For me a registered company do not guaranteed you they will not turn into scam site. When they make enough money and they think is time to closed up, that is the time they change their status from legit registered company into a scam registered company.
@silentwill (1685)
• Philippines
11 Jan 11
Yes it is a good strategy amidst the multitude of scam sites claims of being registered got to have some impact. But I also don't think that's a guarantee they will not scam. Maybe they're just less likely to turn into scam than others but there's still that risk.
1 person likes this
