IVST Solutions?

[hordo15]

Hi all,

This is my first post – I had been contacted by this company and in doing some research uncovered this forum. Please don’t call me naïve or a fool, etc all I have done so far is simply listen to what they had to say and now am trying to verify if it is a legitimate system or not (which it seemingly is not, so I am glad to have done some research).

The company has provided me with a line-by-line results listing from September 2008 – present, including amounts invested, amounts lost, amounts won. I can email this to anyone interested in looking at these figures.

The company has also sent me a letter with the following claim “IVST Solutions Pty Ltd warrant that by correctly applying the program to any of the figures and dates published within the brochure, that all the printed figures, including any subsequent results released to you by the company can be verified as to their validity.”

And also this “Furthermore, IVST Solutions Pty Ltd guarantees if any of these figures are found to be incorrect it shall refund to the purchaser the full cost of the program. This guarantee excludes printing errors.”

In reading this it does sound fairly convincing but seems to omit a sentence stating that their software package actually pointed to the particular races that are included in the results, which would be the most important factor (!!!)

 

[prawn_86]

Im not sure if you could do it with gambling results, but ask to see their 'broker' statements, showing that they actually placed that 'trade' at the time. Anyone can doctor results after the fact.

Or alternatively ask them to pick some ahead of time for a month (or given period) to prove that it can work...

 

[Timmy]

Please don’t call me naïve or a fool,

OK, I wont.

At the end of the day its your money, believe what you want & spend it how you wish.

The salesman (are they on 50% commission? Not a bad gig?) will recycle your money into the economy, pay the mortgage, etc.
The business owner will buy another car (local one hopefully), and employ builders to build another holiday house etc.

Its all good.

 

[RebeccaPhoenix]

We may be able to assist you gaining a refund.

 

[CapnBirdseye]

We may be able to assist you gaining a refund.

Why did you delete your previous posts?

 

[Timmy]

Why did you delete your previous posts?

Hi Cap'n

Previous posts from this firm were deleted by mods.

ASF terms of use include:

9. You are forbidden to use Aussie Stock Forums for commercial activity of any kind without receiving prior permission from the administrator. This includes the use of affiliate referral codes. Those who spam their products and/or services on Aussie Stock Forums will have their accounts permanently suspended.




There are ways in which ASF allows people to make others aware of their products, see this thread:

Here are some guidelines to let people know what is acceptable and what isn't.

Vendors are not allowed to promote their own products or services on ASF other than to have a link to their website in their signature. The only exceptions to this rule is if they are responding to a genuine query from an ASF member ... etc.

 

[CapnBirdseye]

Good job.

 

[RebeccaPhoenix]

Hi Cap'n

Previous posts from this firm were deleted by mods.

ASF terms of use include:

9. You are forbidden to use Aussie Stock Forums for commercial activity of any kind without receiving prior permission from the administrator. This includes the use of affiliate referral codes. Those who spam their products and/or services on Aussie Stock Forums will have their accounts permanently suspended.

Sorry, gentlemen, I did not intend to violate the terms of use of the site. I'll be seeking permission from the administrator. Thank you for the heads up.

The previous deletion sighted less then 100 characters (???) hence why it was re-posted.

 

[luniac]

I work as a business reporter for the ABC, and I'm currently researching thoroughbred gambling schemes for a story. If you've signed up to one of these schemes, I'd really like to hear from you. My number is (02) 8333 3838.

 

[prawn_86]

I work as a business reporter for the ABC, and I'm currently researching thoroughbred gambling schemes for a story. If you've signed up to one of these schemes, I'd really like to hear from you. My number is (02) 8333 3838.

Looks like someone may have beat you to it:

http://www.news.com.au/business/story/0,27753,25687382-462,00.html

 

[Cara81]

Hi Everyone,

I am one of the fools who went ahead with this "investment" and when I received the package it turns out completely different to what they explain on the phone. I have demanded a refund but as you can guess they will not give me one. I am now having to take them to court.
I thought if anyone else is in the same position, it may be wise for us to get together against them! I am $7900 out of pocket because of this scam.
For everyone else DON'T do it, it is just a big SCAM!!!!

Cara

 

[hordo15]

Hi Cara,

If you don't mind me asking, what exactly did you end up receiving for your $7900?

H

 

[Cara81]

Hi, I received a disk and a handbook. When I rang them to find out how to use it, I was told I would now need to spend another $1000 to actually make any money. That is when I got really angry, as this is one of the things they do not tell you at the start!

 

[Cara81]

IVST Solutions - Victims

Hi Everyone,

If you have heard of and paid money to a company called IVST Solutions and you were not happy with the program or were mislead in any way about what they offer, we would like to hear from you. I am one of the fools who went along with this scam and gave them quite a bit of money, just to find out that they had mislead and lied to me about important aspects of the "Investment". I am planning to take them to court, but I need help from others who are also in the same situation. If you are happy to be witnesses with me, please contact myself on 0404028291 or message me back. We should be able to get our money back! The more people the better. I have a solicitor willing to help us. I can provide more information if needed.

Kind Regards
Cara

 

[peninsula]

I bought the software after being advised by my friend who had it. Major problem i had with it was i didnt have time to keep up.

My friend did well with it because he studied the race form and was well educated on the industry so he really worked it hard and did well

I think it works well but may not be for all people. If you have some racing knowledge certainly helps

 

[Medici]

Cara



I wish you all the best and hope that you will get them.

 

[garthy37]

hi all,

i have recently (today) invested in this company. it seemed like a good idea and a brilliant opportunity (maybe too brilliant) to make some good cash, and having read this i am now sceptical of the whole thing.

i am awaiting my software pack as we speak, and will let everyone know how it goes once i have given it a fair go.

and Cara81, i will be all the way with you if this product doesnt satisfy me and deliver as promised!

 

[skyQuake]

Sigh... confirmation bias..

 

[garthy37]

what do you mean by that skyquake? im a fool?

 

[curl2175]

I have just gotten off the phone with a bloke who happens to be a Senior Analyst with JBC trying to sell me a copy of their charting software. He ASSURES me that this is all legit and so very very exclusive. I should feel privileged.

So far I have been able to turn up little on this company or the software but the sales spiel and price ($8900.00) is identical to what is posted here. I don't think I'll be parting with any of my hardearned yet and hope that others who may be contacted will use due diligence also.

I think the company originated in the UK and according to Interactive Investor magazine, is a scam. I can't yet post links but if you google Interactive Investor or Tony Hetherington from Moneywise 09.07.09 article you'll be able to find it for yourself.