I don't know where to post this, I hope this is the right place.
Ok, so I was offered to invest as angel investor in this company name unwall.net and given some "stock" that can be viewed on sharesmarket.com
they claim that the website will be the no.1 social networking site in china.
they use angelrc.com as the investor page and sharesmarket.com as the broker.
the cnlvc.com is their funder.
they're listed in sec here: http://sec.gov/cgi-bin/browse-edgar?...ion=getcompany
but listed as a ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES company.
I found some resources in the internet as well ( http://www.complaintsboard.com/compl...t-c587594.html ) , but have not found any solid evidence.
The thing is, there are many people in my country (Indonesia) that has already invest their money there, (some people invest more than USD 100.000) with a total estimate about USD 10 million just in Indonesia already.
and the "stock" is going up extremely fast (my friend's money has multiplied over 100 times already, he starts investing USD 10.000 and now already 1 mil) but can't be taken until late 2013.
the stock's price can only be viewed in sharesmarket.com which I suspect fake.
Ah, I forgot to mention that the website is crappy and there are no traffic at all! I see in alexa.com they're ranked very low and the weird thing is that the audience is 55% from Indonesia http://www.alexa.com/siteinfo/unwall.net#
How can a china social networking website be popular in Indonesia, and the rank is very much low too. the web seems more like a dummy
the stock is on secondmarket.com too. here it is https://www.secondmarket.com/company/unwall
I can't believe such company can make it there. the website seems like a fake and the money they're taking from people are immense.
they claimed that they have made a lot of money and the stock's price has multiplied over 100 times but I don't see how they can make money from unwall.net
they can withdraw a small amount of money after 4 months, but most people have their money locked for 6 months to 2 year.
I'm sorry this is very complicated but they're connected. can anyone help me?