CEP Quick Update! Oct 25

Hi, Everyone! :-)

CEP Coast is doing fine, and everyone has been telling me how much they are enjoying the stability of the program and the guaranteed profits. :-) Some have asked a valid question, though. They want to know why the daily percent has been dropping recently. There are a few reasons, and I thought it would be nice to send a mass e-mail to all of you to help you understand the system just a little bit better. :-)

First, one of the major reasons the daily percent has lowered over the last 3 days is due to the large spike we had 4 days ago. We were averaging between 10 and 14 percent daily, and then we had an 18.94 percent day. In order to balance out that spike, the system will have a few lower percent days. You may remember the analogy of the stock market in the FAQ for describing our system. Our business model really is very close to that of the stock market, and--thus--it balances out the same ways. When one sees a spike in the market, the market often turns the other direction for a bit. That is just the way the market works. It balances itself out. :-) That is the same thing that is happening here. The daily percent is balancing itself out from the spike the other day.

The second main reason actually comes from our allowing you to cashout daily and roll it back in daily. ;-) Ad packs do not expire as quickly this way, and the total active ad packs, of course, affect the daily percent. That said, let me also note that the ability to cashout daily actually brings you more profit than a higher daily percent. ;-) People who were getting 14 percent and were cashing out once per week are making almost 1.5 times that profit at 6% and cashing out daily. That is definitely something worth mentioning. ;-) So, while the number may not look as impressive, it is actually earning more for you, and that is why we chose to do that. :-)

Lastly, some have recently noted that they do not believe we are earning them as much as the other surfs. On the contrary, because we payout daily, we are earning you more than they are.

For example, if you think of two popular equations in autosurfing right now, the 12 percent for 12 days and the 10 percent for 15 days, there is something important to note. These surfs do not pay for 7 business days (10 days) after your ad pack expires!

So, you may get 144%, but it is not in 12 days...it is really in 22 days (that comes to just 6.5 percent per day), and the 10 percent for 15 days is really 150 percent in 25 days (which comes to just 6.0 percent per day). And, of course, as noted, you can cashout daily at CEP Coast and roll it back in, which means you earn much more than 6 percent a day even if the daily percent is only 6 percent.

Fact is, you really are earning more at CEP Coast than you are at other surfs. They just do a good job of masking what you are really earning ;-)). Let me also point out that anything you earn from the previous day is already in the system. The money is guaranteed because it is right there, ready to be paid to you. ;-)

We are definitely different than other sites, so I wanted to make sure you understood the differences...and that you understood that the difference actually make us safer and more profitable than the other surfs. ;-) Hope that helps clear up the confusion that I know has been there recently.

It is ok to be confused.

We are a new system that no one has seen before. ;-) It will take some time to fully understand our business model and how it works (and how it protects you, our members :-)). Take care until next time, my friends! :-) Enjoy the profits and quality advertising! :-D

Trevor

NSFG Update - 17th October 2006

Paul - NSFG
More options Oct 17

Hello Everyone,



What I am about to say I something that I had hoped we would avoid, however circumstances have dictated that we must take action now, and that action is not going to be popular for some of you.



I will start at the beginning, many of you may remember way back when we first started we were using ACM in Switzerland as the broker for our Pool Account, and then switched over to FXCM in February so we could run the Managed Accounts.



The problem started when we took our money out of ACM, because of their strict Anti Money Laundering Regulations the money had to be returned to the account which was on file held with them. The account in question at that time was our old Danish Corporate Account. The money withdrew from ACM without a problem, however as soon as it hit the Danish Account, the Danish Financial Authorities were all over it.



Ken was called in by the Ministry of Finance to prove what this money was, which we promptly did. However this did not satisfy them and they refused to release the money in the account to us for onward transportation. After taking legal advice it was clear that we were not going to be getting this money back and the Ministry of Finance went so far as to say that they are keeping this money so that they would not charge Kenneth with breaching Financial Law in Denmark for the handling of other people’s money. In short we had no option but to accept their token offer and move forward.



After this and following the deposit of all the money that was at the time held in E-gold and the Cyprus Bank Account we were at a position of being at 50% liquidity.



We had two options at this point, we could either immediately reduce everyone's balance by 50% or trade back the difference through our own gains from trading to top the fund up. Obviously we choose the later.



We did in fact manage to successfully get the fund up to around 70-75% liquidity by putting our own money into the account from the trading returns…..and in hindsight it was here that we should have taken the measures that we now have no choice but to take. We did not however foresee the huge amount of withdrawals that would occur in the following months which have reduced us again to around 30% liquidity.



This is not a situation that can continue and to ensure that the fund remains liquid and here for the long term, we must take the following steps. These measures are probably not going to be popular with some of you, however they are required.



This is what we must do effective immediately.



1) Freeze all Balances as per the September Statements for the next 3 months

2) Suspend all Withdrawals – Pending and Future – for the next 3 months

3) Return all deposits made this month to their account of origin.



We are truly sorry if this does impact on you particularly if you have requested a withdraw in October, as the last thing that we wanted to do was cause people hardship. However we must do this for the long term stability of the fund for the coming years.



Many of you have already said to me that this is a necessary course of action and have understood the reasons for doing it. At the end of these three months we will be able to re-evaluate where we are again and look to move forward.



I would like to emphasize that if we do not take action now, then the entire fund could be in jeopardy of liquidizing over the course of a few months.



We are very truly sorry that we must do this, and are aware that this will tarnish our otherwise good reputation. The only good thing that we can say about this situation is that the trading has been good and we are not going anywhere, we have a substantial client base so we will get through this……we just wished we had jumped on it a little sooner than now!!



We are both very upset about having to do this, and aware that many of you will be disappointed in us getting to this position. I would like to thank many of you who are already aware of this and the understanding that you have shown.



This is costing us both personally a great deal of money as we have been depositing our own personal funds and trading commissions into the account to get the liquidity to a reasonable level, only for it to get back to this situation again. We however will continue to do this until this problem is resolved to the very best of our ability and use the coming months to get us back on track and moving forward.



In the years to come, this will just be a bump on the road, but it is one that we must cross now. After the 3 months have passed we will see where we are, until then Ken will continue to trade and we will be putting our own trading funds back into the fund to bolster it up.



I am sorry that I don’t have better news, and I am sorry if you have a pending withdrawal made this month.



Moving forward we had always planned to separate the Pool Account from Northsea more directly so that we could become FSA compliant and have already made investment into doing this. Over these three months we will further this goal so that the future will be far better for all and will keep you updated on the progress.



Yours,


Paul and Ken

How to prevent bastards from stealing your e-gold

The biggest problem with e-gold is that if somebody steals funds from your account, it is almost impossible to recover them! If somebody gets access to your egold account then they can empty it immediately, load your money onto an anoymous ATM card and have your money in their hands within minutes. No matter how computer savvy you might be please read this article - many of my computer-savvy friends have fallen victim to egold theft.

I'll list some of the least obvious tips first because I hope that veteran computer users will realize early in the article that they might not have done everything they could do.

.... needs a lot more work but think it should be put online as the forum opens to new members.


Tip # 1: DON’T TRUST ANY AUTOSURF OWNERS!

Lol, Sorry Dave, I trust you 99.99% but why take any chances at all? Nowadays there are many fly-by-night autosurfs, and many of you will no doubt put a few dollars into them. Unfortunately it is extremely easy for anybody to set up an autosurf company, to get a few dollars in from excited new members and then vanish. This article isn't about how to select autosurf sites that are credible but I want you to be aware that when you join any autosurf you are giving the webmaster your email address, egold number and a password to login with.

ALWAYS use a unique email address for every autosurf you join with. If you don't, then a dishonest autosurf webmaster might see if your username and password are useable in other autosurfs, they might test it out with your egold account, or maybe they might try to get into your emails, ebay or amazon.com account.


Tip # 2: DON’T TRUST INTERNET EXPLORER OR ANY VIRUS CHECKER!

I’ve got nothing against the software itself. Internet Explorer might be the best program in the world but the problem lies with it being the most popular. This means that every thief who tries to attack your computer will be trying to find weaknesses in Internet Explorer’s security. Firefox is an alternative web browser and not only is it less open to virus attacks but it is also a very reliable and feature-packed program.

Any page you view when autosurfing may contain a virus or similar. If you are like me, you probably view the first sites in the rotation and then leave your computer to surf without you. Imagine the damage this could do if one or more viruses infects your computer during this time.

Virus checkers give people a false sense of security. Certainly they have a lot of uses but it is still possible that you will get a virus which is not recognized by the checkers. Sometimes programs which record your keystrokes aren’t technically viruses and they may slip through the net.

Despite my warnings about virus checkers it is still a very good idea to have one. Do regular scans and try to have the virus checker turned on at all times. Just don’t fall in to the trap of assuming you can never have a problem because you have a virus checker already.

Tip # 3: USE COMPLEX PASSWORDS

Unless you are a high profile celebrity or government high-flyer it’s not likely that a determined group of thieves will take much time to guess your password. That said, it’s no extra effort to make your password a little more complicated.

Don’t use a complete word as a password. Force yourself to use a password with both numbers and letters in it. The practice of this will mean that your password will be harder for somebody to guess. Make sure you avoid the most obvious passwords of your pet names, mother’s maiden name or company name.

Tip # 4: USE DIFFERENT PASSWORDS

It’s not possible to know who lies behind every website you visit. I know of a number of instances where a person has set up a website as a way of collecting usernames and passwords from its members and then trying the same usernames and passwords in popular websites such as ebay, paypal and hotmail.

One clever method that I’ve found is to create a formula which can create a different but easy-to-remember password for ever site I visit. You could create a simple formula like this.:

abc + [number of letters in the websites name] +[last 2 letters of the websites name] + XYZ

so if we used this formala for hotmail paypal and ebay we’d have these passwords:

abc7ilXYZ for hotmail
abc6alXYZ for paypal
abc4ayXYZ for ebay

If you have a secret formula just for you, then you will always be able to work out what password you have used for every website. Anybody who sees the one password you use on a site will not be able to guess how the formula works elsewhere.

Tip # 5: AVOID ENTERING PASSWORDS FROM YOUR KEYBOARD

This is the mistake Paul made. Without knowing it, and without the virus checkers spotting it Paul had a ‘keylogger’ program hidden on his computer. Every keypress Paul made was recorded and sent to the thief. When he entered his username and password for gmail, the thief was alerted to it immediately.

So how is it possible to stop this happening?

There are a few options for you here:

You can install a ‘Password Manager’ Program for your computer. The two best programs are AI Roboform (for the PC) and 1Passwd (for the Apple Mac). What these programs do is they store your passwords securely and paste them into your web browser when you need to. Both program are also excellent for storing your personal information and for filling in all manner of online forms. AI Roboform is extremely useful when traveling as it can be stored securely on a USB drive and used securely from internet cafes and shared computers.

If you need to type the password in then enter the letters in the wrong order. To do this lets assume your password is 123456 ( a stupid password for sure, but its good for this example). First we just enter ‘234’ in the ‘password box’. Using your mouse, click back to the beginning of the field and type in ‘1’ and finally click to the end of the field with your mouse and enter ‘56’. The reason for doing this is because if a secret program is recording your keypresses it will not know that you have used your mouse to enter letters in the wrong order. The keylogger will get a record of you entering ‘234156’ which is obviously far from what your password is.

Tip # 6 DON’T KEEP YOUR WELCOME EMAILS ONLINE

This tip would have saved my friend Paul a lot of headaches. He used gmail and every time he joined a new website he’d receive an email which welcomed him to the site and reminded him of his username and password. Paul kept all of these emails in his gmail account for reference. When the thief managed to get Paul’s gmail password he must have been delighted to find all that information. He certainly made a lot of use out of it.

If you receive these kind of emails, (and you probably do) get them off the internet! Print them out and store them in your safe, or use AI Roboform or 1Passwd to keep them securely stored on your computer.

I hope that this article has been of value to you. Please feel free to contact me if you have any questions.

The software I highly recommend in this article can be found at:
Firefox (PC and Mac) http://www.mozilla.com/firefox/
AI Roboform (PC) http://www.roboform.com
1Passwd (Mac) http://www.1password.net