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2. The "I want a profit" group. The second largest portion of businesses (many are actually a mix of this and part 1) - especially prevalent in the mining sector. These ones want to make some profit for themselves - and aren't that worried about things like being transparent, honest or fair to investors. Their contracts are vague on details, strong on THEIR rights and weak on investors rights. They ensure that even if their business is an abject failure they personally make money irrespective of how badly their investors do. Their fun comes from personally making some money even if at the expense of investors rather than from turning a profit. Many of these are borderline scammers - as they misrepresent their investments to get sales and don't properly disclose risks. Reporting will tend to be of a higher quality than type 1 - their (personal) profit and ability to attarct investors come from them looking fairly professional whilst actually losing investors' funds. These are also of very little use to the community.
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Black Arrow.
"I want a profit" isn't a bad thing. "I want to guarantee a profit by scamming the customers/investors" is. BA falls into this second category.
Stating that they're "of very little use to the community" is a serious understatement.
