February 5, 2008
Huge MRRs and PLRs Firesale.
I have recently been faced with a dire situation which I need help from you. A few years ago, I signed as guarantor for my friend and entertainment club business partner of almost close to a hundred thousand dollars bank loan. I was naïve and took his word for it as he guaranteed that I will NOT be liable for the loan that he was taking. I took his word for it, trusted him and signed it without really thinking about it or checking the loan documents. That time, I thought to myself…”I mean, will a good friend screw me over?! Naah, he won’t do that to me as I’m really helping him, right?!” HOW WRONG I WAS!!! It was dumbest move I’ve made and now I regretted doing so.
Time is not on my side as every month goes by, I as his guarantor am equally responsible to be charged with monthly bank interest. The longer I do not settle this, the more I have to pay the certain percentage of the full loan. This is why I am putting aside my ego now by doing this firesale which hopefully, with your help and compassion will get me through this nightmare and start building my businesses again from scratch.
I do have a certain amount of money saved but it’s not enough. And whatever I’m earning monthly goes to paying my monthly commitments. Now, I’m not asking for any handouts or any donations. I still have a little bit of what’s left of my pride and I just want to work my way to get this problem solved. To do that, I figured I would put together a HUGE amount of ebooks, products and software which are donated by my IM friends and I have, up for a really “TOO GOOD TO BE TRUE AND REALLY CHEAP PRODUCTS” firesale.
Leave a Comment
Filed under Internet Marketing, Matt's Ramblings by Matt Ng









Comments on Huge MRRs and PLRs Firesale. »
So sorry to here of your predicament. Hopefully you’ll be able to rise above it all, however, it sounds like your lesson will come at a large cost.
I also wish you success on your sales. The internet is a wonderful place to leverage money. Best regards.
OK.. I chipped in. Hope you’ll get all the help you ‘direly’ need although it seems to come rather slow there…
BTW, with downloads that huge, perhaps sending a DVD would be a good idea rather than squeezing all thru small pipe - plus you know how streamyx/the major ‘broadband’ connectivity is in Malaysia - would take many, many hours to download. Oh well, perhaps you have unlimited data transfer there….
All the best! Happy Chinese New Year…
Hi Bob,
Thanks for the support and well wishes. Really appreciate it. I have found out that in the midst of all the ‘chaos’, a lot of online marketers and users really came forward to help. It really made me feel touched by it.
Hi N,
Happy Chinese New Year to you and your family too. Thank you for the support. I truly appreciate it. The reason why I do not have the DVD copy is cause a lot of people want to get it right away and do not want to wait. Which is why I do not have the DVD option. Anyway, thanks for the idea. Appreciate it.
Pity you.
I hope you can handle the situation well.
Wish you luck. God bless you my friend.
By the way, Happy Chinese New Year. Wish you more ‘ONG’ this year ahead.
Regards
izman
Hye matt…
So sad to hear that..
actually i’m bit nervous now because i did the same like you a few years ago.. but hopefully what happened to you will not happen to me…
anyway i will help you and i also promote the website http://SaveMattNg.com on my blog later…
Hi Matt,
Sorry to hear about your predicament. Hope you get through this soon. I’m was also in the same situation before. I couldn’t agree more. Becoming a guarantor is a BIG no no to me except very close family members and ONLY for certain amount.
JD
Hi izman,
Thanks for the CNY wish. Hope more “Ong” too.
Hi haryzat,
Thanks for the help. Really appreciate it. If you have cigned as a guarantor, I suggest you do some checking on how it’s progressing. Better save than sorry.
Hi JD,
Glad that you have overcome yours. I hope to get out of it soon. Thanks for the support.
Thats a bummer, I hope everything turns out great.
Did you use some of that Kung-Fu on the dude, sounds like he needs a good a-s kickin.
Hello Matt
I see a lot of people has answered to your request. As I am now, for no one should be put in a situation like that. I hope You’re doing better now and I’ll try to help you promoting your site. Best wishes!
Hey Matt,
How are you? I really hope you are getting better. I’m waiting to hear your latest news. Do take care bro.