Quote:
Originally Posted by
LovePotion
Now preparing to enter army with empty pocket
TS don’t worry lah, u get paid on the first day of army, and anyway army bao Jia, bao koon, bao lim , so is basically bao ka Liao except charbo only.. Oh ya also bao gan, cos is tio oc n pc gan..kekekeke
Quote:
Originally Posted by
Deesiaokia
TS don’t worry lah, u get paid on the first day of army, and anyway army bao Jia, bao koon, bao lim , so is basically bao ka Liao except charbo only.. Oh ya also bao gan, cos is tio oc n pc gan..kekekeke
TS is steady one. he standby his fleshlight to go into camp and clear stock liao….. especially all the lao jiao kana SOL 40 , 60, 90 days one…. within 1 week can pocket ba ba liao.
He go outfield pc ask him take out flash light, he take out flesh light from his full pack and shout “ready sir”.
Quote:
Originally Posted by
Apocalypse
TS is steady one. he standby his fleshlight to go into camp and clear stock liao….. especially all the lao jiao kana SOL 40 , 60, 90 days one…. within 1 week can pocket ba ba liao.
He go outfield pc ask him take out flash light, he take out flesh light from his full pack and shout “ready sir”.
Thanks for the joke but it dont seems to cheer me up
Quote:
Originally Posted by
LovePotion
Thanks for the joke but it dont seems to cheer me up
TS, do u believe in karma? What goes around comes around.. just enjoy your army life.. U r still so young , still got so many bitter u haven eat.. Look open abit lah..
Cheers
seriously speaking.. what is your intention of starting this thread?? ..
you only lost 1 month’s pay and your have been enjoying 5.5K for the past 2 year..
if there is no appointment letter or any document to prove anything, there is basically nothing you can do!! ..
please stop your mother father story here as there is nothing we can do too!!
My job is on commission base, thats why it is form initially as partnership
I have groom the business from scratch and my partner took everything away and reluctant to pass my profit sharing
Not only that, after the dispute he threaten to destroy my toy business and make me brankrupcy
I post it over here, is to seek help as I am entering army next month
If you were me, spending 2 years putting your life at risk to earn every single cent, yet dont get paid but threat with regret, how will you feel and do?
As mention, i am only 22 years old and this is my first time facing such epic life moment. I have no peers to seek for help besides me so if you have never face such things please dont comment
Quote:
Originally Posted by
sean69
you only lost 1 month’s pay and your have been enjoying 5.5K for the past 2 year..
Actually you can try to read pages 4 onwards (especially page 6), most of us
are asking whether the 5.5K was for the whole 2 yrs or per month for 2 yrs,
but it seems LovePotion is avoiding the question
Bro HayHot also asked, no answer, bro BlackPanther also asked no answer,
including myself.
For me i think that the 5.5 K should be for the entire 2 yrs
, because it
cannot be monthly, so the notion of doing 90 Locks per mth is not credible.
If it is monthly, LovePotion will have an IR8A form that will state the
source of the income, because 5.5K for 12 mths is 66K, more then the
taxable income of 22K/year
This means with the IR8A form, LovePotion can easily prove he was owed
the money, also claim he was a partner in the business, because in the IR8A
there is a section stating the designation in relation to the source of income,
which should be “Director Of The Lock Company”.
Sadly i first started to feel sad for TS, but when we probed deeper, he starts
to avoid certain question, so his version is definately no the whole truth.
Like most bros like myself and others who do business, will know what an
IR8A form is, this form is irefutable proof of any income from any company
whether self employed or otherwise.
Looks like this just a way to promote his sex shop, sadly i thought
LovePotion was trustworthy looks like i was wrong
$5.5k for your last month pay ?
So what happens to the previous 18mths x S$5500 = S$99,000
$5.5k is a lot compared to what most people are earning.
No kids, No mortage, No car, No rent, and you managed to spend all everymonth ? Never put any aside for a rainy day ?
Also, you openly mention the amount of income you had over the last 2 years, let’s just hope you did file your income tax. Else for tax evasion, the penalty amount is 400% of what you didn’t pay.
For a $49500/Year income (not including the profit from your sex shop), the taxable income is abt $1.2k/year. Over 2 years, that’s $2.4k.
400% of that will be $9.6k. That’s if you didn’t pay the taxes dued.
As mention it is a partnership and i hold 25% of the profit sharing of net profit
2 years ago, the company only sell 12-15 digital lock per month
Now it have an average of 80-90 locks, and therefore my last month profiti sharing owe is $5500
As partner of the company, i work without a fix salary, if sell more we earn more, of course when we dont sell, we dont earn
Thats why i am so irritated because i am the one who build the volume and do all the hardwork
I am not here to brag but to voice out my encounter plus seeking for advice. Only 10% of the bros here, respone for assistance
I am very glad and i will return their favour when they approach me next time but of course 2 years later
Now lets calculate your average profit
Quote:
Originally Posted by
LovePotion
Now it have an average of 80-90 locks, and therefore my last month profiti
sharing owe is $5500
Assuming you installed 80 locks (as you claimed), means you earned S$68.75
per lock installed.
So going back 2 years in the past, you said
Quote:
Originally Posted by
LovePotion
2 years ago, the company only sell 12-15 digital lock per month
Assumming 12 locks/mth, means per mth it is S$825, per year it is S$9900
Now here is those who earn more than S$6,000/year in a financial year
must contribute their own medisave, yours is S$9900.
So where is that documentation claiming you are his partner in the company,
via the medisave form. When you contribute, they will ask who and why you
are contributing that form is enough to prove everything, where is it?
Quote:
Originally Posted by
LovePotion
I am not here to brag
but to voice out my encounter plus seeking for advice.
You are here to brag, look at your blog
http://ronn-singaporebusinessblog.we...2010-2011.html
see what you wrote
[
One of my partner who claim to be my partner have set up another sex
toy shop, in order to crush him completely
, i have all in my reserve fund
to rebuild insatiable-addiction.
At the age of 20, i dont think any
successful entrepreneurs can fork out something like this
]
Also form the above statement of yours it seems you like to brag and it seems
this is not the first time you had partner issues.
You even posted the pictures of your money in your blog, thats not boasting?
Quote:
Originally Posted by
LovePotion
Only 10% of the bros here, respone for assistance
Looks like the rest 90% are too clever for you, even i nearly fell for your
story, until bro Hayhot and others started to ask questions
Looks like your marketing strategy has gone wong, you thought people will
comfort you and buy more sex toy from you, but instead, you got exposed,
how ironic
This is a marketing ploy and i nearly felt for it, luckily we got bros like
BlackPanther, HayHot and others to expose you.