World Wise Investors Dumbfounded

World Wise “investors” who turned up to collect cheques at their offices yesterday, were greeted with notices advising them that operations were suspended for 60 days as of June 2, 2008. According to news reports carried in the Gleaner and  on CVM TV,  several “investors” gathered outside the gates demanded to speak to the manager but to no avail. Some “investors” claimed that theyhave not be able to collect cheques since March 2008. 

It is rumoured that the manager is off the island but this could not be confirmed.  There are also reports that World Wise is seeking to register with the National Futures Association in the USA.

World Wise claims the time is need to complete its audit, test and implement software,  move offices and hire and train new staff. During the period no new members will be accepted and no money accepted or paid out.

Tomorrow, World Wise returns to court to battle RBTT in order to prevent them from closing their accounts.

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