Business Reference from Stone Food Machinery Limited for José Ricaurte Jaén
Investor prepared detailed explanation and ideas to improve our business credibility and more.
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Stone food machinery recommendation for José Ricaurte Jaén WPFX-letter to-the_board_of_directors
1. STONE FOOD MACHINERY LTD
14 North Main Street Wexford, Ireland
(Intl): Mobile + 353 86 257 0492 Tel + 353 91 47800 Fax + 353 53 91 47799
Email: valstone@stonefoodmachinery.com Web: www.stonefoodmachinery.com
Date: 21-3-2013
To: Mr. I. Becerra & WPFX Board of Directors
RE: Our various investments in Forex Trading with WPFX, Panama.
As you know we started our Trading with WPFX in September of 2012 and I thought the time
was right for me now to give you an update on our Company position and our future needs.
In early September last we were convinced by José Ricaurte Jaén of WPFX to open an account,
following our initial purchase of Profit Agent. I have to say to you that we were extremely
reluctant to consider opening an account with a relatively unknown Forex Company in South
America as we felt there was a serious credibility deficit involved and therefore quite substantial
risk for our Company.
However, Jose proved to be very persuasive and we opened several accounts with WPFX, to
test the market, so to speak.
I personally have been involved in buying long stock, Spread Betting and Options Trading for
a great many years and always wanted to trade Forex- but felt it was too risky for an
individual. I looked around the market for an objective method of Trading enabling us to
remove the stress, worry and some of the risk- and after a lot of thought decided to invest in
Profit Agent. This has been a good decision for our Company.
Over the early months we received an immense personal support from José and his team at
WPFX in helping us to develop and hone Profit Agent to give us a reliable, passive income.
So when an opportunity arose we decided that the support was so personal, quick, efficient
and above all hugely knowledgeable on currency trading, that we decided to finally increase
our total investment significantly with your Company, to the point where we now have a very
serious investment by any standards.
We want WPFX to clearly understand that, without the degree of personal attention we have
received, we would never have increased our business with your Company.
In addition, for progress to be made from our point of view, we must continue to have this
type of personal attention available to us, as this is what sets WPFX apart from the other big
names in Forex trading Worldwide. Most of the rest do not offer such a service, in my
experience.
Bearing the above in mind, and as our mutual cooperation increased, I decided to suggest to
José Ricaurte Jaén that WPFX should seriously consider opening a Branch office in Ireland so
that you could add credibility to your business and then attack the huge European Market.
Directors: V.W. Stone (Managing) A.T. Stone Alison Stone-Thompson, Secretary
Registered No. 157986 VAT No. IE 6555986C
2. STONE FOOD MACHINERY LTD
14 North Main Street Wexford, Ireland
(Intl): Mobile + 353 86 257 0492 Tel + 353 91 47800 Fax + 353 53 91 47799
Email: valstone@stonefoodmachinery.com Web: www.stonefoodmachinery.com
His response initially was a little dubious as he told me that WPFX were considering Cyprus for
such an expansion. This absolutely amazed me to say the least and I said so in very direct
terms to Jose at that stage!
Subsequent events would appear to suggest that this might have been prudent advice.
We feel that there are a large number of people like me in the European area who would like
to trade Forex, but are worried about the issues I have already raised and are open to being
sold a simple, reliable and above all, easy method of trading.
If you study the results we have achieved in our current 12 accounts I believe that if you were
to enter the Irish Market you already now have a perfect template on which you can sell the
WPFX concept and there is no better person than José Ricaurte Jaén to lead this operation.
I have also suggested to Jose the names of two Irish Companies that might well be prepared
to partner your Company in such a venture and both of these have a huge existing client
base.
Our target has been to increase our investment by a factor of three within about 3 years and
we are now well on target to achieve this.
You will also note that we have so far made no withdrawals but this will change as the
accounts hopefully grow !
If you have any comments on the contents of this letter, please feel free to make contact
with me at any time.
KIND REGARDS,
VAL W STONE,
Managing Director
Directors: V.W. Stone (Managing) A.T. Stone Alison Stone-Thompson, Secretary
Registered No. 157986 VAT No. IE 6555986C