Wednesday, 3 April 2013

The Truth About Pacific Tycoon And Container Investments

After emails/phone calls to representatives, as well as hours of Internet forum, social media and Web research, I learned the truth about Pacific Tycoon.

As a private investor I do much of my own research, formulate many of my own investing strategies and make all of my own decisions to invest, or not. Because of this, I have been known to take weeks and even months to formulate an opinion about an investment opportunity. Would I say that I am immediately apprehensive about new investment offerings? No. Cautious? Definitely. The most recent example I can give you is shipping container investing and a company called Pacific Tycoon.

Contrary to what many investors would believe, shipping container investing is not new. Up until just recently (5 years), they were a carefully guarded secret of wealthy investors and well-established investment firms. When the markets tumbled in 2008, investors and financial institutions pulled their profitable (and unaffected) investments out of the shipping industry, to cover the sizable losses sustained in other markets. This left asset management companies like Pacific Tycoon, looking for new investors for their low-risk, high-yield investing opportunities.

As an investor who is always seeking an alternative to traditional investing strategies, I was completely open to this profitable opportunity and eager to learn more. For weeks I carefully studied the shipping industry's history, forecasts and projections, to get a true picture of the global economy and measure the international demand; for myself. Pleasantly surprised by the results, I set out to determine the truth about Pacific Tycoon and the depth of their offerings, before I made the decision to invest.

After numerous emails and telephone calls to the company to speak with representatives, as well as hours and hours of Internet forum, social media and website research, I was left with an enormous amount of conflicting information; making it difficult for me to determine if it was a scam or not. The only thing that was for certain was that there was ABSOLUTELY NOBODY who had ever been ripped-off by Pacific Tycoon. The only consistent thing I found was happy investors, talking about their great investment experience with container investing and Pacific Tycoon. Did I invest with the company? Judging by the manner in which investors have been treated in Internet forums recently, I am afraid to say. ;-)

80 comments:

  1. This is really helpful...after your research would you invest with them? I have just started on my research on them and being a risk averse investor, I'm thinking of renting 2 containers though that means the interest would be paid quarterly.

    ReplyDelete
    Replies
    1. I have had a relationship with the company for almost 2 years. They deposit the money in my account each month on time and answer the phone every time I call. No complaints so far.

      Delete
  2. Hi,

    Did you got the answer you were looking for?
    Also did you invested with Pacific Tycoon?

    ReplyDelete
    Replies
    1. As I mentioned to Parkbridge resident above, Pacific Tycoon has always delivered my returns on time and keeps me well informed of the status of the industry. My experience has been a good one so far. As of today, I am giving them a thumbs up. ;-)

      Delete
  3. How come so many people complain and so many forums say it's a scam including the IMF of France??

    ReplyDelete
    Replies
    1. I looked into a number of these so called complaints. Some are just warnings that the company is not "recognized" or "regulated" under their guidelines. In these cases it was because there was a huge government fee that was required to be "registered" or "official." The underlying fact is that with all of this technology, there is not one person anywhere that has said they were the victim of a Pacific Tycoon contain scam. Not in a forum or anywhere in social media. Let's be serious, if there was one legitimate complaint I am sure we would all know about it.

      Delete
  4. Hi. I am a PT invester and I also can say that their service is brilliant. I bought my first container a year back and until now always received my money on time. To summarise my research:
    Complains against PT: 1, Cannot find out a lot of the company - It is true. They are a private company. 2, Investment warning by the French which formed the foundation of all the other warnings and listings on "scam" websites - The warning was only that they did not register themselves as a investment company. PT also state that they are not an investment company. 3, A lot of speculation and why persons think way PT should be a scam - no evidence, only speculation. It is easy to say that any company is a scam. You can only be proven right when it happens one day, but never wrong it if did not happen, because it still can happen. A safe claim.
    Two things that convinced me that PT is safe and that I can buy more containers through them: 1, In the comments after articles written about PT (mostly negative) there were persons stated that they bought their container through another company or privately and use PT to manage it. In this manner they invested no money with PT and only received an income (not a very good principle to run a scam on). 2, A few months after I bought my first contain, I receive an email (which was send to a lot of the PT investers) from ptwhistleblower claiming PT is a scam. I told myself if PT is a scam, this will cause them to close doors.In the week that followed PT contact me by email explaining the situation of an employee that was fired and follow it up with a phone call. I also received my payment on time as if nothing happened.
    I am convinced that PT is not a scam and I will continue investing with them.

    ReplyDelete
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    1. Greetings Daniel. Hearing more gleaming reviews from other Pacific Tycoon investors like yourself reinforces my position. I am happy to hear you are also doing well. Thank you for taking a moment to share your thoughts and experience.

      Delete
    2. I`m based in Windhoek, Namibia, Southern Africa. I am very interested in investing with PT after reading up about it, but have been skeptical since reading some articles. Does anyone out there know if PT have a representative based in Southern Africa,...someone that I can talk to face to face or PT office building that i can walk in to allay my fears.

      Delete
    3. Hello Taapopi Enkara.

      I am not certain if Pacific Tycoon has a representative in Southern Africa.

      I recommend that you email or telephone the company and give them a list of questions to answer. In my experience, Pacific Tycoon's staff has always been very approachable and eager to address any concerns. As well, it is my understanding that anyone is welcome to visit their Hong Kong offices. I have never been, but I know of others who have. Again, contact the representatives at Pacific Tycoon ... they are better to address your questions than me. ;-)

      Thank you for taking a moment to comment.

      Delete
  5. I have visted the offices of this company and have spoken to staff within hongkong, they seemed to me to have nothing at all to hide and offices did exist. The guy running the company seems to know what he is doing and I plan to invest in two containers to start with and see what happens. As mr miller says I cannot find anywhere any complaints which there would be as complaints woudl spread on the Internet like a virus.

    ReplyDelete
    Replies
    1. Thanks Colin for sharing. I have always had a suspicion that the negative comments and threat of a scam were originating from Pacific Tycoon's competitors. Lots of allegations, but no actual complaints. Seems to me like there are a whole lot of happy Pacific Tycoon investors and no unhappy ones. In my books, that adds up to a good opportunity. Thanks again for stopping by to comment.

      Delete
  6. My question to you mr miller.... Is if I'm willing to invest in pacific tycoon can I start with just one container???

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    Replies
    1. Hello Richard. Indeed, it is my understanding that an investment of $3900 USD buys 1 container. However, please review Pacific Tycoon's website for exact details, just in case I have misunderstood.

      Delete
    2. Yes you can - you can buy one 20' or one 40' container. A 20' is $2600, a 40' is $3900.

      If you only buy one container, you only get your rental every quarter, rather than monthly.

      We have been getting between 19.5-21.5% for the last 14 months on both 20' and 40'. We were going to stick to 40's, but we can afford to buy a new 20' every two months, and the return has been around the same, so we are sticking with 20's.

      Delete
  7. Hi Benjamin,
    I have a question about the containers; Is it easy to sale the containers and get the money back?

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    Replies
    1. Hello Emmanuel. I was able to find one instance where a lady sold her containers back to Pacific Tycoon. You can read about it here: https://plus.google.com/112895648693118337691/posts/PHB6b55hE5S. Aside from this, I have no experience or knowledge to share.

      Delete
    2. Yes, it is easy. There are two situations whereby you can sell your containers - before the 24 month minimum term and after - if after, you get 100% of what you paid for the containers, if before, you get a 'market price' for a second hand container. I know of one person that did and got their full value, less a handling fee.

      Delete
  8. I have just this evening come across PT and am contemplating investing. I will return and let you know my experience should I go ahead.

    ReplyDelete
    Replies
    1. Hello Mike.
      Thank you for taking the time to leave your comment. I am looking forward to hearing more from you soon.

      Delete
  9. Thank you everyone for sharing your information, I came across this investment Idea today and I am very intrested, I have emailed PT and waiting for a rep to contact me. I am thinking of investing in maybe 3 containers as part of my SMSF so I will let you know how I go.

    ReplyDelete
    Replies
    1. Thank you for taking a moment to comment Michael. I am certain that you will be very please with the staff at Pacific Tycoon. I have had the opportunity to speak to a few of their representatives and it is a little different than the brokers and firms I have dealt with in the past. In my experience, they have worked hard to build and maintain a close relationship. I am still as confident today as I was when I began.

      I look forward to hearing more from you in the future.

      Delete
    2. Hi Michael,
      I am looking at moving my super into a SMSF as well and was looking at this PT container investment option. Are you able to confirm if this type of investment complies with SMSF regulations. I can't seem to find information on that. Would very much appreciate it. Cheers.

      Delete
  10. Hi Mr. Miller.

    I have been studying about PT for 3 days. I know that is not quit long time to study about a investment specially doing through internet.

    Actually I haven't invest money in any company. I am just an IT technician and I am going to invest hard earning money which I have saved.

    So . please kindly give me your advice. specially about investing in PT containers.

    Thank you.

    ReplyDelete
    Replies
    1. Hello Ranga. Thank you for reaching out for my opinion/advice.

      First and foremost, take as much time as you need to do as much research as necessary, for you to make a confident decision. An investment is not something you want to be worrying about.

      With regards to Pacific Tycoon, thus far I have had a wonderful experience with the company. Their staff has always been courteous and professional, as well as clearly knowledgeable about the industry. With regards to my monthly payments, they have been on time each and every month. I have nothing to complain about. So far, Pacific Tycoon gets a thumbs up from me.

      Thank you again for your comment.

      Delete
  11. hello, i just stumbled on PT, i just have a question, when you say the return is 19.5-21.5%, what is this actually a percent of? the cost of the container which is the 3900 USD? or what exactly?
    can you give me an example with numbers just for reference on how the process goes whether the deposits are monthly or quarterly i just want to have an idea, thank you

    ReplyDelete
    Replies
    1. Hello Nader.

      The return is on the principle amount which would be the $3900. Payments are issued monthly on 5+ containers. Less than 5 containers I believe is paid quarterly.

      Can I recommend that you contact Pacific Tycoon directly with your "numbers" questions? I am a private investor, not a salesman. ;-)

      Thank you very much for your questions and comment.

      Delete
  12. Hi just a quick question.

    What type of investment would you go for? the GTD 12% or flexable investment?

    What are the usually % for the none fixed investments

    Cheers,

    Elliot

    ReplyDelete
    Replies
    1. Hello Camillo. Finally a question/comment that is not related to Pacific Tycoon. :-)

      When seeking an investment opportunity, I use the Warren Buffet strategy of only investing in ideas and companies that I understand. Although the rate of return is important, I would prefer to make a smaller percentage taking a little risk, than earning a bigger rate of return that was accompanied by enormous risk. I like to sleep well at night.

      Being retired, I am particularly fond of "income producing assets."

      Thank you for your comment.

      Delete
  13. Hi Benjamin Miller,

    How do I purchase a container? What is the process? What documents are included?

    The website does not indicate the procedure. Please let me know how it works.

    Thanks

    Sagar Hotwani

    ReplyDelete
    Replies
    1. Hello Sagar. I apologize for taking so long to respond to your question. Please understand that I am a retired gentleman, not a blogger. I still have a difficult time getting around this blog thing. :-(

      With that being said, I used the website contact page and received an immediate response. If that has not worked for you, I recommend calling them at their Hong Kong office. The number should be found on the Pacific Tycoon website or here https://plus.google.com/+PacificTycoon/about.

      Steps: purchase container/s --> receive Documents of Ownership --> receive returns monthly/quarterly. I don't really know how else to explain it. There are some telephone calls and emails along the way, but for the most part it is a simple process.

      Again Sagar, I apologize for taking so long to address your comment ... I am sure I will figure this blogging thing out soon enough.

      Delete
  14. Hi Miller,
    Could you provide us some details on the registration documents? How to verify the genuineness of that and can we submit that document in the court in case of issues?

    Thank you.

    ReplyDelete


  15. Hi Mr. Miller,
    After thorough evaluation and study of Pacific Tycoon, I finally decided to invest with them. I even received an email from them (Mr. Daniel Blake, if you happen to know him) saying that my inquiry has been sent to a representative and that they will contact me soon. I was wondering how long will it usually take the representative to reach me? I have been waiting for at least a week now and nobody from Pacific Tycoon has contacted me yet. I would appreciate some advice. Thank you.

    ReplyDelete
    Replies
    1. Hello Pepito. I just wanted to let you know that I responded to this comment on Google+ https://plus.google.com/105307251463352418060/posts/2R7eAvxrCJy.

      Delete
  16. Pepito Rosal send him another e mail.My enquiry took him the next day to call me.
    I am also a future investor and im planning a trip to Hong kong in January to visit there offices and see who i dealing with.
    So far all the home work ive done about Pacific Tycoon seem legit.Im happy so far only to visit there offices.

    ReplyDelete
    Replies
    1. HI Reuel,
      I am Santhosh. A few days back I stumbled on PT while doing research to invest some money and get regular income. Am continuing my research till am satisfied. Have you visited them in January? What are your impression? Any help would be highly appreciated.

      Delete
  17. Mr. Miller thank you so much for the review about Pacific Tycoon, I am from India and now I am looking forward to invest in this company.. Thank you so much once again... :)

    ReplyDelete
    Replies
    1. You are very welcome Prashant Chaudhari. Thank you for participating in the conversation.

      Delete
  18. Are any of you investors from Australia and what has been your experience?

    ReplyDelete
  19. Hi Benjamin, Thanks for the info provided by you about this investment opportunity. I however, came across this piece of info too - link: http://tomwinnifrith.com/articles/2675/pacific-tycoon-investor-red-alert - Can you throw some light on this with regards to Pacific Tycoon? Thank you and Regards. Sudhir (India)

    ReplyDelete
    Replies
    1. Hello Sudhir Raja. Over the last year I have heard a number of conflicting and somewhat troubling stories about Mr. Winnifrith. Although he would appear to be a knowledgeable and trustworthy financial adviser (at least to me) after doing some research on him, I discovered he recently lost millions of dollars while managing a (fairly) well-known fund. Furthermore, I heard some mention that he receives a commission from one of Pacific Tycoon's competitors (hearsay). All I am suggesting is that you should not base your decision to invest on anything one person says. Do your own research and establish your own opinion, just as I have. I made my own decision, despite what anyone may say, and I am confident with it. In fact, if I had listened to Mr. Winnifrith I would have lost money this year. ;-)

      Delete
  20. Replies
    1. I apologize, I cannot say for certain. However, I believe there are some other people participating in this thread who are active in the Asian market and could offer some guidance. Aside from that, I recommend contacting Pacific Tycoon directly with your questions.

      Delete
  21. I apologise if I am asking you a frank question, but are you an Agent for PT? Your answers on this blog are very energetic, frank, quick and direct.

    I really appreciate your candid answers for potential investors, of which I am one. Sometimes when you hear of an opportunity that seems too good to be true, they often turn out to be false. I came across PT by typing "new business opportunities" and their company came out top!!!

    I guess an initial investment will be worth a try. Thanks for your answers to previous questions by other investors.

    ReplyDelete
    Replies
    1. Good morning Anil Batra. Thank you for your candid and straightforward question. I am not an "agent" for anyone (except Mrs. Miller). ;-)

      As for the tone of my responses, it would appear that they are mirroring my personality. Those people who know me well, would likely describe me just as you have: energetic, frank, quick and direct. I think they're good qualities. :-)

      The fact of the matter is that Pacific Tycoon have stayed true to their word to me thus far. I receive my payments on time and (despite being on the other side of the world) their communication is better than a majority of financial advisers i have dealt with in the past. For a retired gentleman (and DIY investor) these things are important. So, just as with any new, exciting product I come across in the marketplace, I enjoy sharing my positive experiences with others. When I wrote this post I had no idea it would get this kind of response.

      Thank you for your question and I hope you enjoy a happy and prosperous 2014.

      Warmest regards.

      Delete
  22. Hi Mr Miller,

    Happy NewYear. I just wanted to know how long have you been an investor in PT?

    Thank you,
    Rony

    ReplyDelete
    Replies
    1. Thank you Rony. Happy New Year to you too. I entered into my agreement with Pacific Tycoon almost 2 years ago. Since that time I must say I have seen a dramatic rise in interest. Back then, there wasn't all that much talk about shipping container investments or Pacific Tycoon.

      Delete
  23. Hello Mr. Miller,

    Happy New Year. I am curious about you thoughts on one piece of information regarding containers investment. PT minimum investment is $3900, with that you own one container. I live in Panama and requested a quote from people who sell containers and here's what I received.

    20 foot DV $2100 usd
    40 foot DV $2800 usd

    In addition you would need to pay for delivery. For a small 20 foot container it is 85% more than what PT s quoting. Do you believe it is how PT is making its money or is there another explanation?
    What are your thoughts?

    Thank you very much

    Stephane Mozziconacci

    ReplyDelete
    Replies
    1. Hello Stephane.

      That is an interesting thought/question. You said that the price was $2100 + Delivery. How much is Delivery? Regardless, I don't expect it would be $1800. ;-) I would be interested to know if that is the established price across the industry, or perhaps you stumbled upon a deal.

      It seems to me that when I researched container prices 2 years ago, they were very close to Pacific Tycoon's figure of $3900. I must admit though, I am not sure what they are priced at today.

      Delete
    2. the price you mentioned - is the cost a freight forwarder would charge for a shipment - from X-port to Y-port

      also the additional charge is the trucking from port to factory...

      Delete
    3. Hi Step, Did you made business with PT?

      Delete
  24. Hi Ben,

    I have been with PT for 3 years..you mention above that your very fond of income producing assets..any other income producing asset inverstments you'd be keen to share :o)

    ReplyDelete
    Replies
    1. Hello Lee. Very nice to hear from others who are happy they have chosen to invest in containers with Pacific Tycoon.

      With regards to other income producing investments, I do some peer lending and angel investing that earns steady income as well.

      Thank you for your comment and question.

      Delete
  25. Hi Benjamin

    Thank you for sharing your information on PT which really helps anyone interested in investing. Do you think that the price of containers have fallen since two years. If so, at this level of $2100, would PT's prices be overpriced by 100% which would reduce the returns significantly? Thank you.

    ReplyDelete
    Replies
    1. Hello "newbie."

      In this instance, the price paid by Pacific Tycoon for their containers is inconsequential. Investor returns are paid on the principle amount invested, which is $3900 per container. I am not certain where their figure comes from, or where they purchase their boxes from. I suppose investors could purchase their containers elsewhere at a discounted price, but the price of transporting the empty containers to rendez-vous with Pacific Tycoon's fleet, not to mention the logistics, hardly seems worth the while.

      Thank you for taking a moment to comment.

      Delete
  26. Hello

    another - non-sales question

    Didnt you think about comparing the PT returns projections etc... to any other company witha similar sales / business structure?

    ReplyDelete
    Replies
    1. Hello shabbir yamani.

      I spent countless hours researching the container shipping industry and comparing my options. I chose Pacific Tycoon because their communication was far better than others I had researched. Also, and perhaps most importantly, shipping containers make up about 5% of my holdings. Over the last few years I have shifted my focus away from precious metals and stocks and turned my attention to business and private lending opportunities.

      Thank you for your non-sales question. ;-)

      Delete
  27. Hi,
    Thanks for sharing your experience on your blog, Just one question, Are you assured of monthly payments or you only get paid as and when your container is leased?
    And they quoted a guaranteed payment of 12% for your container lease, is the 12% per annum or per monthly since they pay their investors monthly

    ReplyDelete
    Replies
    1. Hello Derrick Senyo Diaba.

      Under the 12% guaranteed return, if you own more than 5 shipping containers, investment returns are paid monthly. Less than 5 containers, investment returns are paid quarterly. For detailed answers to your questions, I recommend that you contact Pacific Tycoon directly, using either the email or telephone number they provide on their website.

      Thank you for your questions.

      Delete
  28. Hey Benjamin
    Can I ask you a question, is there a roof, thinking how many containers you can own ?
    I been Reading through all the comments, and thanks to you I will invest, first one container to see if the income actually come in, and if so... keep on buying until I have maybe 10-15 containers.
    I have seen some programs on Discovery Channel regarding this business, and must say this opportunity triggers me.
    Thank you very much for sharing
    Kind regards
    Jan Ove.
    Kind Regards
    Jan Ove

    ReplyDelete
    Replies
    1. Hello Jan Ove.

      Thank you for your comment. I am not certain if there is a limit to the number of containers you can own. That would be a question to ask the staff at Pacific Tycoon.

      WOW, on the Discovery Channel. I'm sorry I missed that program. Maybe I can find it on the DC website. You are correct though, investing in containers is certainly gaining notoriety around the world, especially in the last year. As I said in an earlier comment, when I wrote this post I had no idea it would get this kind of response. My wife says I'm kind of a celebrity ... as long as she thinks so. ;-)

      Delete
  29. Mr Miller; how come you don"t know if interes rate it is paid anually or monthy, after you have two years with them, It looks that you have some experience with investments

    ReplyDelete
    Replies
    1. Hello Vincent. To clarify Pacific Tycoon's rate of return is 12% p.a., which means per annum or per year.

      I am confused Vincent, when was I not clear about that. If you are referring to comments and questions that I directed investors to approach Pacific Tycoon, it is not because I do not know the answer. It is because (as I see it) it is not my duty to educate investors about the intricate details of their container investment offerings. That is Pacific Tycoon's responsibility. Don't get me wrong, I do not mind answering questions. But, I have no interest in spending hours typing comment responses and doing the company's job. In the last couple of years I have spoken to people at Pacific Tycoon, so I know they have staff to address concerns.

      Delete
  30. Hi. I just thought I would say that I bought 5 containers a couple of months ago after talking to others who had recently bought. The first monthly payment came through on time last month so it all looks OK to me so far. I intent to buy 10 more during 2014 as funds become available. Hope this comment heps those of you investigating this opportunity.
    Simon

    ReplyDelete
  31. Hello, My husband & I have recently received information from PT & have been considering investing in Shipping Containers so this thread has been most helpful. Mt only comment with regards to payments would be that as UK investors it would propably benefit us to be paid quarterly as we would be charged by our bank every time a payment is made to ourselves? We are hoping to invest with PT this year. :0)
    Regards
    Pauline
    Regards
    Pauline

    ReplyDelete
  32. Hi Benjamin
    Thanks for all your positive comments I have been with PT for over two years now and yes every month the money is in the bank on the dot
    I did notice a lot of activity (negative) last year but chose to ignore as I have no reason to doubt the integrity of PT. I have a good relationship with the director and can call him direct to his mobile whenever i choose. If I miss him he always returns my call
    Once again thank you for your comments and advise
    Regards
    Greg

    ReplyDelete
  33. Hello Benjamin,
    I am sorry if this is outside your scope but you seem pretty well clued up on these container investments and as I am a new investor, I am wondering if the returns are subject to UK tax, As there is tax deducted and paid, apparently in Hong Kong and I would appreciate any info on the tax liability. Do you know if the interest returned from the container rental is subject to UK tax?
    Regards
    Jim

    ReplyDelete
    Replies
    1. Hi James

      I guess yes!If your money goes to a UK account.The best way is to have an offshore account outside the EU if possible.Hope it will help.
      Rgds

      Delete
  34. Is there anybody can give last year ROI (2013) or dec 2013 for PT.

    ReplyDelete
  35. Hello Benjamin. I have read the comments and it all sounds reasonable. As with everything in business, how far is this market from being saturated?

    ReplyDelete
  36. Hi Benjamin

    Thanks for your blog quite useful ;-)
    I was in touch with PT via phone calls and they look like not too bad.So I ordered some containers and will see what will happen.
    The guy on phone was really annoyed regarding the critics form some guys.
    This guy tom winnifrith is a joke for me ,you can not hire anything for 1.55 USD PER DAY,this figure is non sense especially from an economist!!!!maybe he had a bad experience,dispute etc with them,we will never know.
    About the AMF informations,it's only for regulation on the the French soil!!which PT doesn't provide and they tried in New Caledonia which a French Territory but the company is not registered in France.
    SO i will keep posted regarding my investment.
    if its a scam they are pretty good!!!!!!!! :-D

    ReplyDelete
  37. Hi, I have gained a wealth of wisdom from this blog. I am a Dubai based investor who considered investing in PT. I have since been in touch with the Sales representatives and received a couple of documents. I am pretty skeptical and so took a while investigation and finding out as much as I could. Thus far they seem legit to me and I may consider investing. Thanks everyone for your helpful comments

    ReplyDelete
  38. Hello.

    Although I very much appreciate the attention this article has received, please know that I am an investor like most all of you. I don't have any special advice and I don't have a crystal ball to give definitive answers about Pacific Tycoon. Quite frankly, I know more about fishing than I do about investing.

    I have spent the better part of a year answering emails and comments to try and be helpful to others. In doing so I have been harassed by people who have repeatedly attacked my character, my credibility and my motives. It has come to the point that, as some of you may have noticed, I don't even want to add to my blog anymore; which was originally intended to be a relaxing outlet for me. Some days I wish I never wrote the damn article.

    So ...

    For those of you who are reading this post for the first time, I will leave you with this final thought:

    To this day I still receive my payments on time and the people at Pacific Tycoon seem very genuine and friendly. If you have further questions about returns, containers or even the shipping industry itself, I strongly recommend that you address them with the company. It is their job to answer all your questions and quell your concerns.

    On the other hand, if you have queries about fish or fishing, send me an email.

    ReplyDelete
  39. Hi Benjamin,As my father would sounds too good to be true as you know the world is full of scams etc but as your blog says so far so good we will be giving it a shot as soon as they contact me,thanks for your research it saved a lot of time.
    Regards Ernie from
    Aussie

    ReplyDelete
  40. Any updates, thoughts or further advice on this Ben?

    ReplyDelete
  41. Miller,
    I've read through your comments about PT and they are very credible. Very balanced and well expressed points. I'm sure, you are helping make this world a better place in your own style. Thumbs Up men!!

    I'm an upcoming investor and interested in investing in this kind of a venture.I've already contacted PT and three quarter way through with the deal. Thanks alot for your sobber postings.

    After I get started, I will definatelly drop you a mail so that I can learn about fishing.

    Please keep writing...this is really helpful!

    Naphtal

    ReplyDelete
  42. Hi Mr.Miller

    Thanks for all experience share and how is the fishing going so far :-)

    I'm all for it :) I already contacted the PT guys and requested 2 containers as I'm started investor.
    It's about self scenes and believes

    ReplyDelete
  43. Thanks for all the information Ben. I am disappointed to see your last comment as the insight and enthusiasm is an interesting read. It's a shame people don't take the concise advise you've mentioned nearly every response.... "contact the company.

    While I am worried I've come across this too late and scared the market might be saturated by now, I will take your advise and contact PT.

    I'm very interested in any new posts you may have in alternative investment ideas and opportunities you may wish to share.

    Ryan

    ReplyDelete
  44. Great blog, Mr. Miller. I just read the entire discussion that you initiated on PT over my morning cup of coffee. Many thanks for taking the time. Wishing you good health, good fortune and luck on the water. I hope your few bad experiences will not put you off sharing your thoughts in the future. Best to Mrs Miller.

    ReplyDelete