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Old 23-01-2009, 12:26 AM
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Default Refund of your spends to TF.

Quote:
Please visit the following Rolclub link herebelow to understand and heed the announcement concluded in the last post by YogiBrood.

http://www.rolclub.com/earn-7-a-mont...tml#post361654











If your not involved in TF, please refrain from posting/responding to this thread as this is just for those members that
spent/invested in TF.


-------------------------------------------------------------------------
Hello all,

Sadly, our aim of investing 100k was not reached, and our investment partners pulled the plug on this investment deal they had offered both us and you that invested in TF.

The reasoning for this was that we had invested with a company in South Africa, which was investing in housing markets, that had on sight very good income potential and growth factor was great as we closed inn to 2010 worldcup soccer.

We didnt even reach 1/3 of the needed investment over past 6 months. So
100k is far off target.

We have agreed with them to rather launch a separate program at a later time with another deal for our membership, but we made it clear that in this case we thing our members should get back all the money so there are no losses of any kind.

They have reassured us that they will be able to payout the spends as they came inn back to our LR account, starting end of feburary, or at the very earliest mid feburary.

The refund of your all investments will be done in the fashion they came inn, meaning we will simply reverse the sums that were deposited.
To our understanding, They will give us funds back in batches, that TF will send back to all members one by one as they came inn.

This is unfortunately the truth i meet today when i came to my desk.
Its very unfortunate, but its the truth.

We will therefore contact our investment partners again during this week
to verify the back payment plan and dates to get back to all our TF members about it.

We are very sorry. A mix of low interest from our members + simply bad financial times worldwide is the reason for our investment partners to pull the plug. We were hoping we would reach 100k target over time, but that is a target long off.

We will keep all informed. Please post your questions in this tread and not all over the other forums so that we and all TF members can communicate and understand each other during this refund period that is ahead of us all.

For now, this is all i can say.Will update all once i know more.

Regards
admin
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