Thursday, February 23, 2006
Be Careful Who you Trust
After retirement and taking on a young College student from Canada to rent a room things started to happen. My student originally told me of a plan that he had to establish an internet gaming network. He needed to find backers and I helped him with a small loan to go to a company that read business plans and if they liked it, they would find financial backers. They kept their promise and one of these backers was a large internet company, not naming any names here folks. Armed with a letter from this company, my student now had to put his plan in motion by finding a location to install a bank of servers capable of handling a national network dedicated for gaming. Once a headquarters could be established several rooms had to be available at very cold temperatures to allow the servers to overclock without damaging the processors. There is a local Mall that was unable to keep enough stores in it to make a profit and they were facing bankruptcy. My student, armed with a letter from one of the major backers went to this mall, spoke to the manager and offered to buy out the entire mall for a multimillion dollar figure to be paid by the backers. This would establish a location for the many servers needed to handle this gaming operation. The boldness of this proposal and the knowlege of this young student convinced me that he was on the up and up and thus I began to trust him. Within a few weeks, a representative of a well known manufacturer of high end gaming computers came to my home and he and the student spend a couple of days going over details . This put the frosting on the cake and I was totally convinced this was legitimate, as was the student.