Wingy is all grown up!

In article .com, jladd
says...

About Jordan Wirsz

Born into a modest and challenging home in Southern California, Jordan
Wirsz early on decided that he wanted to spread his wings and improve
his means - literally.

A true entrepreneurial spirit, Jordan started his first business when
he was 13 years old and moved on to running an aircraft brokerage, at
only age 14.

There are 1011 stars in the galaxy. That used to be a huge number. But
it's only a hundred billion. It's less than the national deficit! We
used to call them astronomical numbers. Now we should call them
economical numbers. - Richard Feynman
A talented, 21-year old pilot, Jordan performed at air shows across the
country with a breathtaking performance in the most high performance
aerobatic airplane in the world today...The Edge 540. At age 22, Jordan
had outpaced most people his age; attested as a maverick, investor,
pilot and visionary, he explores financial opportunities on a daily
basis, leading his own company, Diamond Bay Investment Inc., as its
CEO.

Jordan's team of investment experts and research analysts search for
the best short-term, private-lending deals, employing their dedication
and cunning ability to identify profits.

Through Diamond Bay Investment's ability to consistently generate
double-digit returns, the young CEO has earned the title "Young Sir
Richard Branson", after the founder of the British business and
airline empire, Virgin.

And as if that wasn't enough, Jordan will be publishing his much
anticipated book in 2006.


So who cares? Unfortunately he's probably a bigger jerk then he was before.
I'm not impressed. Yawn. Maybe he can fly Rocket planes with his hero zoom.

Chuck S


--
NewsGuy.Com 30Gb $9.95 Carry Forward and On Demand Bandwidth

Hey, it isn't even April First!

"jladd" wrote in message
oups.com...
About Jordan Wirsz

Born into a modest and challenging home in Southern California, Jordan
Wirsz early on decided that he wanted to spread his wings and improve
his means - literally.

A true entrepreneurial spirit, Jordan started his first business when
he was 13 years old and moved on to running an aircraft brokerage, at
only age 14.

There are 1011 stars in the galaxy. That used to be a huge number. But
it's only a hundred billion. It's less than the national deficit! We
used to call them astronomical numbers. Now we should call them
economical numbers. - Richard Feynman
A talented, 21-year old pilot, Jordan performed at air shows across the
country with a breathtaking performance in the most high performance
aerobatic airplane in the world today...The Edge 540. At age 22, Jordan
had outpaced most people his age; attested as a maverick, investor,
pilot and visionary, he explores financial opportunities on a daily
basis, leading his own company, Diamond Bay Investment Inc., as its
CEO.

Jordan's team of investment experts and research analysts search for
the best short-term, private-lending deals, employing their dedication
and cunning ability to identify profits.

Through Diamond Bay Investment's ability to consistently generate
double-digit returns, the young CEO has earned the title "Young Sir
Richard Branson", after the founder of the British business and
airline empire, Virgin.

And as if that wasn't enough, Jordan will be publishing his much
anticipated book in 2006.

On 28 Mar 2006 16:34:03 -0800, jladd wrote:

About Jordan Wirsz
snip

This sounded like one of those too-good-to-be-true stories. I had some
free time, so did a little Google research. Among other things I have
found so far is that the address on the Diamond Bay Investments letterhead
appears to be an apartment complex in a residential area of Las Vegas. See
http://maps.google.com/maps?oi=map&q...as+Vegas,+N V
and use the hybrid view.
The N-number of the Extra pictured in this pdf,
http://www.agreatwaytoinvest.com/news/docs/04.pdf
returns as belonging to a Leith Brian of Ocala, FL, according to the FAA
database.
Take another look at the photo of the company personnel in the PDF article,
or on the website
http://diamond.icut.net/index.php
and then compare those faces to the ones at
http://www.agreatwaytoinvest.com/home.html
Any of those look familiar?
None of this stuff looks illegal to this layman, but it raises a whole
field of red flags.

And with all those employees he's managed to remain as the sole
stockholder. He didn't sell of a portion for startup money, and he
hasn't given any to the employees in lieu of stock. With nothing but
the savings from a few months as a mortgage broker. That's really
incredible.

Was to read "in lieu of salary." That'll teach me to post before the
morning cup o coffee.

You know, back in the last housing bubble - late 80's - I read about an
elegant little 2nd trust deed scam.

An extended family got together and pooled their money. They formed a
corporation that loaned one of the members enough to pay off his
morgage - basically, they refinanced it so the shell company owned the
first.

Then they found a sucker to put up a short term second on the house.
They stopped paying the first, but kept paying the second. The first
forclosed. Meanwhile, the money from the second had gone into the
pool, and was being used to pay off the first on the next house. They
went through half a dozen second lenders before word got out.

I had a golfing buddy that for years tried to interest me in joining
him and his dad in a mortage backed securities business. I looked into
it and just didn't like what I saw and didn't feel the risk was worth
leaving what I already had. You know, the old saying about the Bird in
the Hand deal. Over several years, we sort of lost touch with each
other. My last contact with them involved some consulting and
installation of a computer network which I had a very hard time getting
payment for. That set off red lights and I ended my contact with them.

I hadn't seen or heard of them for over 12 years. I knew the building
that they once occupied and had their business name on it had changed
names but I just assumed they and move onward and upward. Just before
we moved to Dallas, my wife happened to run into this friends wife and
had lunch with her. Boy oh boy did we get caught up on the past.
Seems that both my former friend and his dad had been caught doing
illegal trades and money laundering. They had both gone to jail and
the guys dad was still in jail doing 15-20 years. My friend had gotten
a 5-10 sentence and had served his time. WHAT A SHOCK (not really).

I do hope that Jordan is not into the same type of shell game they were
playing and that I won't read about him doing something similar in the
future. These deals dependent on an ever increasing influx of money to
keep them afloat. They can't last forever and someone always ends up
the last to put in when there is nothing to pull out.

They can last forever, if the price of real estate keeps going up
forever. And it will - on average. The problem is that real estate
prices don't follow the smooth increase of a municipal bond or a T
bill. There are jumps, and plateaus, and from time to time, downturns.


Remember the last big housing downturn? An awful lot of people walked
away from properties that were upside down. The first trust deed
holder recovered something - more or less, depending on specifics. But
second trust deed holders lost it all.

I'm with you, Bob, I hope he's on the up-and-up. It's one of the
nicest websites I've come across. But this is a kid with a history of
(ahem) exageration, who hung out with Captain Zoom in his formative
years. And he wants people to trust him with their money. I look at
his pitch and I think "When something looks too good to be true - it
probably is."