Wednesday, November 08, 2006

My personal experience in Droi forum

Iam not happy with whats goin on in dr forum:x Mad
Lots of people money still didnt get transfer from the old to the new site and poor respond from James !! Mike did pop in here and there but didnt deal with the questions directly.

If this whole thing is a flop i guess we all learn a leson.. never brought over a failed programe and think that we can make it a great program.


Thats a no brainer business practice.

Thank God i only put in $59 as a rest spend

Well you guys make your own decision on this,i recomend that you put a test spend.

One think ive learn is, never jump into a program head on.Always check out the programe's forum to get a feel of whats going on there.

Forum is the best place to monitor a site.

EDITED :

OK i got this from cep coast forum,more highlight about droi

QUOTE :
" chevys wrote:
This guy named Mike is involved. I dont know anything about him other than what I have read and it seems some people never got paid from his older programs. He was on the conference call tonight. It seemed like they were trying to keep him behind the scenes a bit because his last name was never revealed.

Maybe somebody in here was part of the original daily roi could give us the whole story. Ive just picked up bits and pieces. Trying to move all those members is going to be a nightmare if that is what they intend on doing. Not too smart imo. They need to be paid out if they are owed money.


Answer :
Here is an answer to your question. I was part of the origianl DROI. As part of the original DROI in Jan I was always paid right on time. Then the stormpay mess hit and DROI (along with most autosurfs) had all their money taken away. Mike tried to launch a DROI egold only version right after the mess in the first week of Feb. When he relaunched he made the mistake of using the new egold upgrades from the relaunch to start refunding members from the old program thinking money would continue to flow in, well it didn't so he then had to stop paying on the relaunch. Meanwhile he was given a cease and desist order as part of the legal investigation of 12DP because he showed up on the radar because he had an ad on the 12DP site when it went under investigatin. So Mike had to stop all operations for the next 6 months until August. In August he launched again and paid out without problems for about 2 months. Then like most autosurf lately things started to get shaky with new upgrades, he tried introducing the 50% rule to help things out, people freaked so he got rid of the 50% rule. That brings us up to date. He is transferring balances over to the new site. The balances that are being transferred are very small compared to all the new money that has been coming in so it will not have much of an effect on the stability of the new DROI:PS

----Mike

END QUOTE

Tuesday, November 07, 2006

Daily ROI - Up and Coming

Heard that Daily ROI have join the rank of CEP family.I got this from CEP furom written by Logan QUOTE:

Mike is the original admin of DROI that opened back at the beginning of the year and later had to close due to the stormpay mess. Mike is now working together with James (co-admin of DROI) who has been sending out the email updates on the DROI launch. In one of the updates James said they have had long conversations with Trevor and Clayton regarding the upcoming launch of DROI to make sure they get it right. In that same update James left his phone # and invited people to call him if they have questions. Well, I did just that and here is a summary of what I found out

1) James is a close friend of Tevor from CEPcoast and is actually working with Trevor in helping to process the exchanges between CEP Trust and E-gold.

2) James said that they are currenty addressing the lack of presence of an admin to post updates and answer questions in the DROI forum.

3) The original closure of DROI back in February was indeed related to the stormpay mess and the funds were seized by stormpay so everyone lost due to circumstances beyond anyone's control.

4) He just finished an interview with Jake from ASA which will be on ASA's weekly broadcast tomorrow prior to the launch.

So based no my conversation with James and his apparent relations with Trevor and in working with him in processing CEPtrust transactions I am very encouraged by the legitimacy of the upcoming launch of DROI.

What would be nice is if Trevor could verify that he is indeed a close friend of James. Not that I would expect James to be giving out his cell phone # for people to call only to lie through his teeth about the whole thing. Its just that when you are dealing with the HYIP/Autosurf arena it never hurts to be extra careful. So Trevor your input wold be much appreciated.

Here is a email from CEP COAST:

Hi, Guys! Smile
Wanted you to know that our mail server is now working. Smile There were some e-mails and such (like the forgot password function) that were not working because of the error, but Clayton has now been able to fix it, and everything should be running smoothly there. Smile

We have been asked about DailyROI over the last few days, and I would like to speak about them for a bit. Smile We, CEP Coast, do not own DailyROI, but we are helping them out (coaching, etc), and the new admin, James, is a close friend whom I trust highly, and Mike, the other admin, has continually demonstrated his care for his members multiple times (including the stormpay fiasco last February...he paid each of his members back, and we appreciate that kind of dedication...as we did the same with CEP, our first program. Wink) DailyROI is not using our script, but they did mimick the working of our script (it is, however, their own script...we are not releasing our script to anyone in order to keep our site safe, though we are in the process of buying out a few other surfs and putting the current admins in as managers through our CEP Franchise movement. Smile We will do the hosting and take care of all of the money aspects, and the managers take care of the day-to-day custo!
mer support responsibilities). Only surfs who use this business model will be around by this time next year, I am sure, as no other business model is stable. DailyROI is doing a great job thus far, and I do believe it to be a brand new beginning for them. Check them out when you can. You will see their site displayed in our rotator. Wink The industry is finally in the process of stabilizing. Don

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Why you should make use of CEP Coast and make money

FOr the past weeks i have been monitoring CEP COAST and realise that not many people are aware of such a great potential to makes a great profits. Considering their good history background,good management skills and comunication. To know more about CEP background please goto 'cash link' at the right side.

What i want to say here is that the (private membership) CEP site which is a HYIP will be reopen to public in a near future.

I would like to quote from their REP cep coast forum,
QUOTE
" New Life Generation will be part of CEP membership when CEP re-opens. The owner, James, has invested much in CEP and CEP Coast. Through their program we will be investing with CEP funds into "brick and mortar" investments with stable earnings, which strengthens his program and CEP. Also remember that CEP and CEP Coast have a lot of money invested in each other; in this way they grow each other all the time. It make so much sense to invest in one business with your other business when you run both, and that's exactly what we're doing. It also makes everything REALLY stable, since anyone that invests in CEP makes CEP coast more stable, and vice versa. There's a lot of money going back and forth, growing itself as it goes. This is something you guys can feel really good about, as it makes the entire CEP family as stable as can be!" end quote.

Currently CEP is offlimits to the public,but they have a sister site called CEP COAST which is a advertising sites ,allowing members to buy advertising credits and to earn 130% profit sharing with the company.

Just to let you know whats going on inside CEP coast and their plans for the future,t
hey are buying other surfs in the industry who are using the same business model as theirs ,that is variably daily percentage or profit sharing.

That is because CEP Coast started the model themself and don't want another program to use it that will eventually collapse through poor financial management; if that were to happen, people would inevitably think it's because the (new and therefore "unproven") business model failed. That would in turn hurt them, and i dont think CEP will let it happen.

What CEP intend to do is buying up other advertising program who are going to use the same model, allowing the managers to run them as before, and handling the money from them. (I forgot to mention that CEP owns a online payment system as well called CEP TRUST.)

Now i want to QUOTE from a reliable source

"1. They all would use only CEP Trust, which ensures the stability of their funds and the stability of their program. This will ensure that our business model is only used by sites where we know the admins are good folks, and we'll have control over the funds so we know it won't go under.

2. They are allowed to run the programs they built, which means they'll have a more stable version of the same program, plus our good name attached. They'll run their program with greater alacrity than ever before.

3. We have the money and the other surfs don't right now, so we'll "strike while the iron is hot" and buy out everyone else while we can.

This basically benefits them (stability), benefits us (growth), and benefits the industry (stability and growth). We will change the industry in this way. Everyone will see that it's our business model that's the best, and we'll help them run that model properly. We'll ensure the stability of their funds by managing them ourselves. We'll also have their income as well as our own to divide and multiply between our companies; we can pass forth money between the CEP businesses and the ones we buy, growing them both"

End quote

Well thats all about CEP and cep coast and if you want to join CEP COAST and profit from it click the banner below:




If you dont have a CEP TRUST account to fund your money,get a free account now by clicking the banner below:

Thursday, November 02, 2006

NSFG Pool: what now?

Devilboy, never shy to voice his opinion, wrote an exceptionally clear article about NSFG's pool program and his thoughts on its future. I think he makes some excellent points and with his permission I will publish it on my website for all to see.

The NSFG pool can not survive this fuckup. There is no point in trying to keep it alive. Forums all over are going nuts - and the consensus is that NSFG can NEVER be trusted with a pool account again. As soon as they are allowed to, 100% of funds will be withdrawn from the pool and its tainted image will stay with it forever. There can never be a pool again. This much is clear.

Paul stated that they will do whatever they can to let the pool survive, but I don't see the point. They're not open to new investors (as per agreement with FeederFund) and they stated that they wanted to focus on the managed accounts anyway. And FeederFund is supposed to be the pool provider for them anyway - let FeederFund do their job and you guys focus on trading. Paul, if you don't agree with this you need to get your head out of your ass.

With that said, I've spent a lot of time thinking about what the fair thing is to do here. To understand my reasoning, here's a quick recap of what happened. Note that my numbers are not correct - they are just guesstimates based on info that Paul provided.

What Happened?

Let's say Alice had $100 in NSFG at the end of May. In June NSFG moved accounts to the new broker. In the process they had to move all the pool funds into a bank account, and move it all from there to the new broker. Unfortunately the Danish government seized those funds and NSFG only managed to move 30% of the total amount to the new broker.

Thus Alice actually only had $30 left, even though NSFG still reported it as $100 in the hopes of getting the rest of the money back from the government. That is a liquidity problem: the money is not gone but is not immediately accessible. Unfortunately it is now clear that this will not happen - NSFG has given up on getting anything back from the government. At this point it stopped being a liquidity issue. The money is gone. Paul still uses the words 'liquidity' when talking about the accounts but that is just bullshit. When he says they are at 30% liquidity, what he really means is that Alice's $100 has turned into $30.

Over the next 3 months they continued to trade, and people made withdrawals and added money to their accounts. This is where the irreversible damage occurred. Example: Let's say Alice decided to withdraw $50 in July. NSFG paid her $50 even though her actual account balance was only $30! Where did the extra $20 come from? Accounts from the other members. Alice just managed to make off with $20 of OUR MONEY! Yes, I'm pissed off about this.

The situation is even worse if you decided to add money to your account after July. In this case the reverse happened: You just contributed 70% of your deposit to fund people like Alice who decided to withdraw.

So right now Paul has stated that they want to keep the money for 3 months, and by trading and adding funds from their personal accounts try to get the accounts back up to about 70%. At that point everyone will withdraw everything and the pool will close (regardless of what Paul thinks). However the problem with this is that it's making us hostages, we don't get a say in the thing and it does not fix the inequalities I outlined above. Thus I am strongly opposed to this course of action.

So what can they do?

Two options present themselves:

1) Mark the accounts down to their real value immediately.

Apply the 70% loss and mark Alice's account as $30. Let people decide for themselves if they want to withdraw now or give you guys a chance to make it up. You don't need Bob's money to trade back Alice's account. If Bob wants to withdraw right now, let him! If Alice wants to let you guys trade back her missing $70, give HER the choice. It's all about choice and transparency.

2) Re-calculate the true values of everyone's accounts and pay them

Go back to June and apply the 70% loss at that point in time. This fixes the irregularities I explained earlier, but unfortunately it will cost NSFG some money.

Example: Alice had $100 in May and withdrew $50 in July. Apply the 70% loss in June and she now has $30. Take out the $50 withdrawal and she has a -$20 balance. Since you'll never get Alice to pay back the $20 her account now stands at $0.

Another example: Bob had $100 in May and added another $100 in July. Apply the 70% loss in June and he has $30 left. Add $100 in July and he now has $130. Profit for the 2 months was about 10% so that makes Bob's current balance $143.

Using plan 1) Alice's current account balance will be $15 and Bob's will be $60. I'll leave it to you guys to decide which is fairer.

Problem with plan 2), of course, is that Alice's missing $20 cannot be recovered from Alice and thus I would contend that it's NSFG's responsibility to make up that difference, since it's their incompetence that caused it in the first place.

Just fix it now!

That's enough ranting from me for today. I hope NSFG gets a fucking lawyer to get the pool money back from the government. If they don't I'll assume it was because the pool is in fact illegal. This is fine for me - many of the HYIP investments I'm involved in are not properly registered so I fully understand. Just don't try to tell me it's 100% legal without going to court to get that money back.

Peace out.

NSFG to mark down accounts and allow withdrawals afterall

Sorry this came abit late ,i got this from another blog.. here goes


While a vast majority of you have given your support in what needs to be done over the coming months, one problem did occur over and over again, and that was in respect to the lock-in period we applied last week.

Taking these comments on board I have decided that choice is indeed important. No one likes to be told what to do, and especially told what they can not do! To this end then we are going to open up for withdrawals at the end of this month and give you guys the choice of what you want to do.

This will work in the following way. First of all we must establish what the liquidity % is at the end of the month so we know where we all are.

What I will then do is reflect this in your statements, the only way I have of doing this is by showing it as a trading loss. I want to emphasize at this point that we will return the fund to 100% liquidity and that this balance will purely show what your account is currently valued at should you choose to withdraw and close at this point.

If you do decide to take this amount now, it WILL close your account as there will be no more money in your account if you take it out now.

For example:

If your account currently stands at $100 and the liquidity % is determined to be 30%, your account statement will show a balance of $30.
You have the option now of withdrawing this money (or part thereof) or not.
If you choose to take all $30, it would close your account with the Northsea Pool.

It is nice to see that Paul finally got the message and decided to cancel their earlier plans of a forced three month lock-in period. Our accounts will now show the true balance, which represents a major loss but at least it is real. Don't buy Paul's liquidity explanation, the money is gone... and it will take a long time to trade your new balance back to the level of the old one.