Asia Pacific Internet Company

Now if you visit Bala Pillai websites, one thing he keeps tom-tomming about is that he is the founder of the APIC (Asia Pacific Internet Company). See his profile on his website (http://new.ryze.com/view.php?who=bala) where he makes the above claims. The link supplied by Mr. Pillai - as the homepage of APIC - is http://www.apic.net. These days this link simply redirects to Pillai's mindcolonies website.

A bit fishy, eh? Why would somebody take down a company homepage? And what lies inside the cupboard? Yet another skeleton. Thats what.

APIC has been liquidated. It doesn't exist anymore, and hence, neither does the website. Check out the liquidation related document listing over here:

http://www.search.asic.gov.au/cgi-bin/gns030c?acn=071_279_135&juris=9&hdtext=ACN&srchsrc=1

Click on "COMPLETE DOCUMENT LISTING" if you want to see a brief history of APIC's inglorious existence.

Now Mr. Pillai, as can be seen from his profile and his webpages, is not a great believer in the virtues of a low profile. He is definitely not self-effacing, and the adage "action speak louder than words" comes nowhere near close to describing him. Yet, he fails to mention the failure of his company. Hmm ... makes one think, what?

We have some uncomfortable questions for Bala Pillai:

• Why did APIC fail?
• Was it due to financial fraud?
• Why is it such a well-kept secret?
• What about APIC's Indian arm? (TELEINDIA Pvt. Ltd.; See http://blonnet.com/businessline/2000/02/04/stories/150439m2.htm) Has this company has gone down the drain too?
• What is it about Bala Pillai's companies that they can't survive even in a major economic boom?

We'll try asking these questions to the great man himself, but we expect no response and a speedy deletion of our posts/scraps. But, if I were you, there's one thing I'd be sure of: Keeping my money away from Pillai or his communities.