The Crow’s Nest by Jimmy Mengel

by Anonymous Questions | March 30, 2014 7:16 pm

The Outsider Club is touting IRM(72) programs as a way to grow rich with little risk. For a subscription to The Crow’s Nest by Jimmy Mengel. He will provide you with names of companies that offer this easy way to invest. You can buy shares directly from a company and continue to reinvest dividends without losing their value should the market decline. Is anyone familiar with such programs? Please advise.

Source URL: https://www.stockgumshoe.com/2014/03/microblog-the-crows-nest-by-jimmy-mengel/


    • Avatar
      Bob McQuist
      May 11 2014, 07:56:05 pm

      So the DRIP is similar to the IRM (72) although the thing that strikes me funny is that scouring the internet for days now and the only one talking about or even knows about this IRM 72 is crows nest and this Jimmy Mengel guy. Now Im not saying he isn’t credible but lets be real its the internet and you can’t trust anything you read on the web. I even searched the IRS.gov and nothing about IRM(72) came up in pages upon pages of search results so I don’t know for sure about this. Til i gain further insight I’m holding off. Hope this helps.

      • Avatar
        Tommy McCulley
        Jun 18 2014, 11:46:15 am

        I’ve had a similar experience scouring the internet for a secret “770 account” touted by another investment subscriber service. Supposedly called 770 because of the special IRS code attached to it. Tried locating tax code 770 on IRS.gov and nothing useful. But the description of the plan sounds the same, except Mengel was more specific about buying directly from the company instead of through a broker. With that info, might try contacting investor services at the corporate office of your favorite dividend paying companies.

  1. Avatar
    Carlton Hunter
    May 14 2014, 12:31:56 am

    Ok now I see how you make your money it’s off the membership $69, $99, $249 that’s $417 dollars if 3people bought a plan each.

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