General FAQ |
How can I join the DMF project? |
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You can join the DMF project by downloading the "Grower's Lot Application Form" from the DMF download area in DMF's website (www.dynastymf.com), fill up this form and deposit USD 3,600 to DMF's bank account for the DMF Seaweed Project. |
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Can foreigners participate in the DMF project? |
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Yes, anyone interested may join DMF to become our participant. |
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Why do I have to pay in US Dollars? |
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USD is a widely used international common currency therefore we use the USD. |
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Can I just make payment in DMF's office instead of banking in directly to DMF's bank account? |
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DMF is a foreign based company, therefore you are required to bank directly into DMF's bank account. |
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What is the minimum and maximum lot subscription? |
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The minimum is one lot. There's no maximum limit set yet. |
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How will the returns be paid to me? Will it be by bank draft or will it be banked directly into my bank account? |
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Your returns will be remitted directly to your bank account. |
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Will the company absorb the bank charges? |
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No, you have to pay your own bank charges. |
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Will the annual management fee be fixed at USD60 or will it be changed from time to time? |
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It is fixed at USD 60 now. Anyone who purchases the lot at the time when the rate of USD 60 is currently enforced, will pay at this fixed rate for the entire period of 5 years of the lease agreement. If circumstances might occur that the management fee in the future should change, then this same principle will be applied to ensure that whatever changes that may take place in the future, the change will not affect those who already have bought at the rate the fees is levied at the time he bought the lot. |
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When I buy this DMF project, will I be given any proof of purchase? |
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Yes, our company will give out a receipt, agreement and a certificate. Once you join in the project you will be given a DMF member login password. You can then log in into your own account and print your own receipt and agreement. You will also be given a certificate of guarantee of which will either be mailed to you or you can opt to collect at our representative office. |
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If I choose to have my certificate sent to me by mail and it gets lost in the mail, may I request for a reprint? |
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You may request a reprint of the certificate. As this case, the fault or issue is with the post office department, not with DMF therefore, there will be a charge levied for the reprint. Please understand that the company has to be careful that people might not abuse the system and make a false claim of lost-it–in-the-mail. |
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When is the maturity date of this project? |
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The maturity date is 5 years from the date of official acceptance from the company. It will be stipulated on your certificate. |
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If there's no harvest or if the company does not make money, will the company still pay us the guarantee buy
back amount? |
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It is clearly indicated in the Lease Agreement that participants will be given the buyback value. We have carefully taken into consideration all common risks and calculation of negative possibilities before we work out the buyback value. |
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On what terms will the company not pay out the guarantee buy back value? |
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Every member is guaranteed to be paid the buy back value. The company has not set any terms out not to pay. |
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When will the harvest value be paid out? |
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The harvest value shall be paid out to the
participant’s bank account on the following dates:
1. On 1st of the month if the indicated maturity
date is fall in between the 1st – 10th of the month
2. On 11th of the month if the indicated maturity
date is fall in between the 11th – 20th of the month
3. On 21st of the month if the indicated maturity
dates is fall in between the 21st – 31st of the
month.
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If Harvest Yield payout day
falls on a Saturday, Sunday or Public Holiday
(according to Malaysia & Hong Kong), the Harvest
Yield will be paid out on the next working day. |
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The participant can refer to their
Certificate of Guarantee for the Harvest Yield
Maturity date. |
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How can DMF promise such high returns on the purchase of the lot? Is sounds just too good to be true? |
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Seaweed enjoys great market demand. As figures indicate, total world trading in seaweed has come up to more than USD 7.6 billion and keep increasing. Why will it be profitable? It is because the principle of demand and supply works for our advantage therefore we are able to give out so high a returns. |
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Why is the DMF investment in the seaweed cultivation scheme considered a low risk plan? |
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It is considered a low risk plan because seaweed is aquaculture and it is not a chemical element or gold metal related, and it has attained commercial significance; it is used as food additives & ingredients for more than 3,000 products. |
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How would DMF participants know whether the company has carried out the seaweed farming project plan as
announced? |
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You can sign up for a trip organized by our company to visit and inspect the farm. This will help you to appreciate and see for yourself that the farming project is alive, and going strong and sound. |
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