Seems like a stall tactic or milking extra bucks out of current members.
I wonder where this bank is going to get 160K(350k policies) = $56 Billion to pay for these policies. That's more capital that most of the top 10 banks in the world has. You ought to read this:
Four Shady Reverse Pension Plans Hits the Streets | One World Income
And if you missed it, read the Reverse Pension Plan - Myth or Reality post on the same blog as well.
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Thread: Global Pension Plan
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24-10-2007, 11:47 PM #741
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Wow, an extra 250,000 policies..
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25-10-2007, 12:59 AM #742
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Does anybody else has problems logging in (message
"wrong user name or password")?
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25-10-2007, 04:02 AM #743
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Finally one that can be trusted with our money:
Derivedge.com - Home
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25-10-2007, 04:37 AM #744
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Thank you very much huba, I thought it's just me.
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25-10-2007, 05:35 AM #745
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redskies: Great points you raised regarding the bank having enough money to pay out all this money, and still have the required reserves to continue their other banking services. Would ask chicosan, paulm, pipsreal or mrspock to answer, but they seem to have "vanished" from the forum. I mean after all none of us "naysayers" really know what we are talking about, so I thought they would want to be here explaining and straightening us out on our not understanding how this works. Now you don't suppose they are arranging the deck chairs on this sinking ship do you? Guess we won't know since none of them have the "b***s to show their faces here.
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25-10-2007, 08:09 AM #746
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The tell-tale signs are already apparent and whether it fails in February with more fibs on their wall or preposterously proposing new policies to be presented up to 750K... it only makes "cents" worthy for those who are easily fooled by their fabled denominations with ridiculous claims and payouts!!!
After all we had been through with the PIPS saga (as it still hasn't end as yet), there will be for some quarters that just can't see the light of day with these ******* of manipulation on ppls money and their sheer ignorance!
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25-10-2007, 08:50 AM #747
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I'm not gonna hold my breath on this one any longer
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25-10-2007, 11:08 AM #748
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25-10-2007, 06:14 PM #749
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moncheri: I understand where you are coming from with your comments, and I appreciate your viewpoint.
Guess when you have been called all the derogatory names I have been called by chicosan, not only in this thread but on other threads and forums; his constant promotion of this program, while claiming not to be a member; he has all the answers (his claim not mine), but now cannot seem to find the time to provide them to legitimate questions; I have to question did he really believe all he was saying, or was it just a ploy to dupe more people into this program? He certainly hasn't been here with any "facts" in response to all the "facts" that have been presented that have exposed this program as being nothing but a scam. Doesn't it seem odd to you that for someone who claimed to "know" so much, was vouching for this program as being real, would now totally disappear when serious questions are being raised and not be able to answer them; or even want to?
I know you are a member. This is not about those that have already joined, but about those who are ready to put even more money into this program when the first phase hasn't paid out when promised. There will be more delays, and of course outside the control of the admin, but stella will tell a good story. True the initial amount of money wasn't that large. But when you add it up as a group, they stole a lot of money. They wanted to keep the dollar amount down individually so legal action would hopefully not be taken by individuals when it does fold, and it will fold. In the meantime, they have gotten wealthy off the "little guy," which I thought was the very ones they were out to help. Excuse me if I don't want that kind of help.
As the old saying goes, "You can lead a horse to water, but you can't make him drink." It certainly applies here. People were warned this was a scam. What they did with that warning was up to them. Some listened, others did not. In the end you are only responsible for your own actions. When people set out to deliberately and intentionally steal from others, even if it is only $30 a person, it is still stealing. All the platitudes or excuses won't change that fact.
The mere fact all the supporters of this program are no longer here should be speaking volumes to all of you. More so than anything I or anyone else could say. I do wish you all the best, but hopefully you have a better understanding of why I have been calling them out. You don't have to accept it, but now you know why.
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25-10-2007, 11:23 PM #750
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Moncheri, as ma cheri in Montreal told me, they have a saying for dogs that cant stop yapping.
Dont throw any more bones
paddy
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