Today I got a phone call from the company proposing to buy back my investment slowly in 17 monthly payments, an agreement to be formalized Friday this week in written form.
I will make a new post Friday night to keep you updated with the developments
A very wise decision.
I have found similarities and correlations to other fly-by-night outfits that confirm this company has no intention of reimbursing its clients. WFS Forestry boasts that they are working from offices in Dublin & the UK when they are actually working from Mallorca, Spain, similar to the company Greenwood Management (GWD) who pilfered money by influencing its investors into purchasing rights to forestry plantations.
Many employees migrated from the GWD boiler room to WFS Forestry with GWD´s current director acting as one of WFS´advisors!
By the looks of things, WPS Property Services is a new company set up by the outfit to continue trading new interest without the negativity online dampening their sales. Be vary weary of all, there are many unhappy customers.
I was going to invest 45K with Wfs forestry. Reading all the comments, decided not to invest. Thank you all😊
Murray D wrote: » I too invested with them. They have given me nothing but excuses with regard to the return of my investment.I invested in their Jingle tree retail project. I have contacted the gardai regarding this company.
damo92 wrote: » I invested with these guys a couple of years back. Now finding myself in an uncomfortable situation with every time I call them they avoid me. The money I loaned to them that should be paid back with interest I can't say I'm exactly hopeful of seeing again! If I don't get a response from them I'll be lodging a complaint with the Garda!
PCR123 wrote: » Did you get paid in the end? I am in the same position......chasing for last number of months
hecfran wrote: » I had a phone call from the director last year, asking me to remove this post, I thought we will be able to negotiate an exit strategy even if that means that I will end having losses on the investment, and then nothing. The company shares pictures and videos of their plantation, but it did not make me regain confidence or hope. Once again, I'm inviting any displeased investors to contact me directly, and I hope to be wrong about what I think about the company.
forgottenhills wrote: » So in fact you did not check out this company's "bank account" and know nothing concrete about their current financials.
danger mouse 1 wrote: » I spoke with few other investors who had invested before me with much larger amounts. I also did company check and met with director of company and visited there Xmas tree farm in Wales so that’s how I did my research but of course do all your own research before considering investing.
forgottenhills wrote: » How did you have their bank account checked out and how did you determine that everything is "legit"?
danger mouse 1 wrote: » I invested with wfs Ireland a 3 times. I invested twice in a quarter of an acre of Christmas trees investment payback after 5 years. The other investment which I just did this year was in form of a loan being repaid at 9 % interest rate per year over 7 years. I have visited one of there christmas tree farms in wales last october and met with one of investment managers and I also met the owner of the company on one occasion and everything is above board from what I can see. Before I invested I had there bank account checked out and everything is legit. I have spoken with other investors who are also very happy with there returns from company. There starting the myjingl tree here in Ireland in 2021 where you can purchase a Christmas tree online and have it collected after christmas. just from my own experience I have had no issues with them and they are in regular contact
hecfran wrote: » I invested in WFS in 2008, All legal details of the company seem to be in order, however after meeting the people working there I could feel that something is wrong, I ask to reduce the investment, they told met that in a week it will be done, after many phonecalls and emails, nothing, two years late (according to my understanding of the contract is the first time when the company has the obligation to buy back the investment upon request) again I was told on the phone that I should not worry and and after spending a lot of time nothing happen. Anyone else had problems with this company?
Ruthkrean wrote: » spam
PatHiggins1974 wrote: » My Dad is easing back on the farming and was planing on leasing some land. I havent got the details but it appears a company called WFS Ireland expressed an interest in one large field and as far as I can see its a forestry/investment company. They were mentioned briefly in a thread 2 years ago but Idont see anything else. I just wanted to know if anyone has dealt with this crowd before and what are they like? thx.
