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Public to Partners (3)
Author:
weizhen tang
Date:
2009-03-28 13:41:02
Readers:
944 reads
Summary
Weizhen Tang’s Public to Partners
In regards to the allegations that I have hidden a portion of the funds, I need to give you a sincere response.
I never expected the situation of today. I have always carried myself with confidence and courage, constantly steaming ahead and never retreating. This could have been my fatal mistake. Even now I do not believe I have totally failed. I believe that with your supervision, my chances at success are much higher.
Since 2006 to the first half of 2007, after the loss of $10 million on the stock market in the beginning of the sub-prime mortgage crisis, I have not dared to return to the stock market. To avoid further market losses, I carried myself with caution, trying to find an entrance point to create consistent returns. Without full confidence and sufficient funds, I did not make investing my priority. Instead, I decided to bide my time, waiting for a chance and for a large fund to invest with.
I am a man who has always put his career first, never leaving a retreat for anyone in my life. I would never cheat society and strangers, and strive to be a responsible, honest man.
In 1997, I achieved great success in my first foray into the foreign exchange market. Within a year’s time, I transformed $4000 to $46000, which remains a record to this day.
In recent years, I have always created steady returns in my demonstrations to the public and to partners. My success in avoiding further losses has been valuable, considering the volatile markets of the past two years. Before I declared losses, every one of my partners believed in my ability to create profits in the market. All my successful investment endeavors happened in the field of foreign exchange operations.
In early 2008, under the supervision of two of my partners, I achieved amazing performances: my funds rose from 279,772.62 of January 22 to $37,8296.68 on January 23, to $650,819.83 on January 24, to $715,075.85 on January 25. After the weekend, it rose to $872902.05 on January 28, to $970690.52 on January 29, to $ 1,198,688.77 on January 30, and to $1499557.57 on January 31. It finally skyrocketed to $ 1902345.51 on February 1.
Another FOREX cash investment I made in 2008 was even more amazing: I used just $5,000 and successfully grew it to $110,000 within 3 days.
In January of 2009, through my operations, my funds grew from 0ne million to five million dollars. It could have grown to scores of millions to recover all past losses, and even without much risk. In the most recent operations, I also managed to achieve daily profits. My fund increased more than 25% with a week.
In the past few years, my records on the foreign exchange markets have been unparalleled. However, I have not focused my efforts on it, causing the dilemma of today. I have caused losses and heartbreak to everyone, I have failed you. I cannot face the partners, the society or even my own family. Yet I still have confidence, and the courage to face the consequences. I will fight to the end in an effort to restore every penny that was lost.
Through the failed experiences, I have found my foothold in today’s market. Now, with everyone’s supervision, I can greatly enhance my profitability. Recovering everyone’s losses is very achievable.
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