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Q: Option trading ( Answered 5 out of 5 stars,   2 Comments )
Question  
Subject: Option trading
Category: Business and Money
Asked by: frooglenut-ga
List Price: $50.00
Posted: 22 Sep 2005 03:32 PDT
Expires: 22 Oct 2005 03:32 PDT
Question ID: 570836
According to a website, the options trading trainer Mirriam
MacWilliams is the National Director of Education of the largest
Investment Club in the US. I'd need some information about what this
investment club is, and whether her claims are indeed independently
audited.
Answer  
Subject: Re: Option trading
Answered By: answerfinder-ga on 22 Sep 2005 06:55 PDT
Rated:5 out of 5 stars
 
Dear frooglenut-ga,

These are the results of my research. I trust that the following
information will assist you.

I presume the web site you referred to was wealth-mentors.com, a
Singapore based web site. This is an extract from their site.

?Mirriam MacWilliams is a self-made millionaire. Mirriam made her
first US$million in less than 2 years in the stock market with a
starting capital of only US$10,000. Mirriam trades for a living.
Mirriam is the National Director of Education of the largest
Investment Club in the US.?
http://www.wealth-mentors.com/aboutus.asp

The company is registered in Singapore but unfortunately no other
information is available from the company register.

?Reg. No: 200307944H
Business / Company / LLP Name: WEALTH MENTORS PTE. LTD.
Status on Register: Live?
https://www.psi.gov.sg/NASApp/tmf/TMFServlet?app=RCB-BIZFILE-BIZCODIR

This will link you to the domain name ownership.
http://www.whois.sc/wealth-mentors.com

Another biography for 2003 appears here. The following is to be noted.
?...With my trading partners, Tom Barrett and Les Jacobs, I started
the Mentor Masters....?
http://www.intelligentwin.com/schedule.htm


The ?largest investment club? referred to appears to be US Investor
Clubs, Inc., a Florida based corporation which describes itself as a
?non-profit educational corporation?. On its web site there is a
reference to MacWilliams.

?NOTE: Many U.S.I.C. Members, including National Director of
Education, Miriam MacWilliams, are making profitable trades as a
result of DTI's training.?
http://www.usinvestorclubs.org/article.php?id=20

I suggest you review the site yourself but the following are some
extracts from the site. There is no address supplied, no telephone
number, and no information on members. The only contact is by email.
If one is seeking details of your nearest investment club you have to
provide extensive information about yourself.


?U.S.I.C. is incorporated as a non-profit educational corporation. It
is a cooperative effort of local investor clubs and individual
investors all over the United States [?] We help affiliated local
clubs by obtaining speakers for them and providing our professional
monthly newsletter to their members. We organize new clubs in
un-served areas whenever we have enough individual members in those
areas.?
http://www.usinvestorclubs.org/about.shtml


?The USIC recommends that you check out the great Investing & Trading
Workshops available from The Mentor Masters. They are inexpensive, and
are the only workshops we know of with small class sizes which allow
each student to use a state-of-the-art computer as they learn?
http://www.usinvestorclubs.org/products.shtml


?To locate the nearest affiliated Investor Club, please email ALL the
requested information [?] We need your name, mailing address
(including Zip), and day and evening phones.?
http://www.usinvestorclubs.org/findaclub.shtml


The corporation is registered  with the Florida Corporations database.

?US INVESTOR CLUBS INC.

PRINCIPAL ADDRESS
8647 HALL BLVD LOXAHATCHEE FL 33470

FEI Number: 510493104	
Date Filed: 12/15/2002

BARRETT, THOMAS
BARRETT, ANA
WEBER, JACQUELINE"

Further limited information and annual report can be found on this
link. No financial information is made available.
http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=N02000009624&n2=NAMFWD&n3=0000&n4=N&r1=&r2=&r3=&r4=USINVESTORCLUBS&r5=

The database for Mentor Masters Inc. may also be of interest.
http://www.sunbiz.org/scripts/cordet.exe?a1=DETFIL&n1=P02000131302&n2=NAMFWD&n3=0000&n4=N&r1=&r2=&r3=&r4=MENTORMASTERS&r5=

This will link you to the domain name ownership.
http://www.whois.sc/usinvestorclubs.org

I have searched LexisNexis, a comprehensive news database, and there
are seven articles referring to the 'US Investor Clubs'. Each of these
were during 2002 - 2003 announcing the dates of meetings of the ?The
Treasure Coast Investors Club? which was described on each occasion as
 ?a non-profit organization affiliated with United States Investors
Club and dedicated to informing investors and traders.?

Google has 192 reference to the corporation and most of these, you
will note, are either self-promotion, investment software promotion
sites, or investment advice sites out of the mainstream of the normal
investment advice.
://www.google.co.uk/search?hl=en&q=%22US+Investor+Clubs+%22&btnG=Search&meta=
There are also 178 under the spelling "US Investor Club"
://www.google.co.uk/search?q=%22US+Investor+Club%22&hl=en&lr=&start=0&sa=N


There is clearly a close business link between MacWilliams and Barrett. 

Mentor Masters web site -
?INVESTING 401 - Advanced Technical Analysis
In this Workshop we teach you the techniques the professionals use to
select the exact times to buy and sell their stocks and options.
Taught by the Director of Education of the US Investor Clubs.?
http://www.mentormasters.net/education.php

Web site - Understanding the Stock Market

?The purpose of today's column is to provide you with invaluable
insights into the Stock Market.
Today?s Topic: The Difference Between Trading and Investing
THE MENTOR MASTERS-
Miriam MacWilliams, Les Jacobs & Tom Barrett?
http://www.geocities.com/masterwealthsystems2002/trading-investing.html


Dun and Bradstreet can provide a full credit report on US Investor
Clubs Inc for $139.99. I do not known if there is financial
information contained in the report.
http://smallbusiness.dnb.com/credit-reports/comprehensive-insight-plus-detail.asp?bhcd2=1127393120


No trace on the SEC web site or SEC Investment Adviser database.
No trace on the Better Business Bureau.

You may also be interested in this forum on Investment Banter.
http://www.investmentbanter.com/q-t_51643-Mirriam-MacWilliams.html


So, in conclusion, MacWilliams appears to be Director of Education of
the US Investor Clubs, but when you have reviewed these sites you may
consider that it appears to more of an opportunity to sell trading
programme software. I could find no ?independently audited?
information on US Investor Clubs, nor any details of their members
apart from the one referred to above. Of course there may be members
as not every club will have an internet presence.

I hope this answers your question. If it does not, or the answer is
unclear, then please ask for clarification of this research before
rating the answer. I shall respond to the clarification request as
soon as I receive it.
Thank you 
answerfinder-ga
frooglenut-ga rated this answer:5 out of 5 stars and gave an additional tip of: $5.00
Thanks! You've helped me tremendously. I like the thoroughness and
detail of the answer and I'm now seriously considering about it.

Comments  
Subject: Re: Option trading
From: scriptor-ga on 22 Sep 2005 04:32 PDT
 
I find references to Ms. MacWilliams and her position in this
mysterious investment club (reportedly the "US Stock Investors Club")
only in ad-spam texts posted in bulletin boards. A poor result for an
investment club that allegedly has "14,000 strong members".
Personally, I don't believe a single word of all that.

Scriptor
Subject: Re: Option trading
From: answerfinder-ga on 23 Sep 2005 00:23 PDT
 
Dear frooglenut-ga,
Thank you for the tip. Pleased I could help.
answerfinder-ga

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