Here's a defense update, it'll cost you 100 000$ MINIMUM for 3 months. Who's gonna pay first? But b4 you guys cough it up how's this?
We're all business men here aren't we? Therefore we should base our financial decisions on facts and not fantasy. Marek has not issued ANY official statements in writing, just made up messages. Bryan does NOT know of ANY of this, INCLUDING the fundraiser.
It will cost you 100 000$ EASY per LAWYER (And Bryan claims multiple) for 3 months. There's about 10 000 of us. SO on top of all the money we've all lost we're gonna fork out another 10 grand each? MINIMUM? I think we should all pause and think about that for a few moments.
Next on the agenda, weither Bryan restructures or not there are two fatal issues at hand:
Issue Number 1: Hand in the cookie jar = Prosecution.
Issue Number 2: He broke his contractual agreement
Issue Number 3: Bryan was trading while insolvent. (without a license)
http://www.talkgold.com/forum/r34395-.html (If you look at the documents
under the non-solicitation agreement you will see the following, I quote:
"[...] I understand that the contemplated transaction is strictly one of private placement and is in no way relying upon or relating to the United States Securities Act of 1933 or related regulations, and does NOT INVOLVE THE PURCHASE OR SALE OF SECURITIES. Further, I hereby declare that I AM NOT A LICENSED BROKER or Government employee and I understand that neither are you. (Bryan in respect to Gary). I have mutually agreed that the private placement transaction is exempt from the Securities Act and not intended for the general public [...]"
Think about issue number 2 for a moment. As professionals we live and die by our contracts. Bryan is no different. He has broken his contractual agreement to you therefore you must pursue to get your money back. He has broken the law.
Next up on the agenda, If you continue looking at these documents, you will also notice that in the History of Funds section, the balance is a measly 6 million. Shouldn't be more like 600 000 000 according to Bryan? This was on September 16th 2004. Now the balance is a little more than 106 000$.
"A memo that was floating around their offices, and Negara was nice enough to let out:
Dear Mr Bryan,
Opening Balance As At 17/12/2004 USD49,989.48
Total Amount Credited 17/12/2004 USD955,092.68
Total Amount Paid Out 17/12/2004 USD131,057.95
Closing Balance As At 17/12/2004 USD874,024.21
All the pending with HSBC have been fully paid out, except for some payment that need additional information.
We still have USD874,024.21, so Mr Bryan can release some of the withdrawal requests that been uploaded but not approved.
Batches Uploaded But Still Pending With Mr Bryan:-
WTR21112004 USD411,479.00
WTR22112004 USD311,875.53
WTR23112004 USD451,171.65
WTR24112004 USD403,534.63
TOTAL USD1,578,060.81
Regards "
For your info, WTR means Wire Transfer Request.
As you can all see.. Even when pips WAS 'healthy' it was still struggling to make payments... If any at all. This may start to get people thinking.
Next. Bryan himself said that only 0.2% of PIpS revenue accounts for trading. Really? so where does the other 99% come from? How about members?
Apart from this, the water purifiers. No one ever received any however, the organization is invoicing Bryan. HMMM I WONDER WHERE THE MONEY WENT.
Now as for Marek. I think you can all understand now that he sees you all as fools and since he saw what Bryan can do, he's trying to do the same to you.
That's why he's banning and deleting everything. Notice they don't do this at TalkGold or ANY other forum for that matter. Here he deletes evidence constantly. Just like he's going to delete all the evidence I've posted here. If this doesn't make you think.. I don't know what will.
http://www.law.state.ak.us/pdf/cons...lert-042705.pdf
- Link to the alaska attorney general's official notice that PIPs is a Ponzi Scheme
http://www.ketchikandailynews.com/c...=1&keyword=PIPS
- Link to the Ketchikandailynews' article about the FBI warning against PIPs.
http://www.guardian.co.uk/guardian_...1370962,00.html
- Link to the Guardian (British newspaper) about why PIPs is a scam
http://www.sitnews.us/0405Viewpoint...vid_hanger.html
- Link to an article on the alaskan news site (sitenews.us) about a local promoter in alaska promoting the PIPs scam
http://www.afm.nl/consumer/default.ashx?DocumentID=4467
- Link to a netherlands news site talking about Pips warnings in the Netherlands
http://www.ssb.state.tx.us/orders/2005/1587.htm
- Link to the Texas Cease and Desist order against PIPs
http://www.adn.com/front/story/6407700p-6286056c.html
- Link to an article advising against PIPs in Alaska's largest newspaper (Anchorage Daily News)
http://www.asic.gov.au/asic/ASIC_PU...99?opendocument
- Link to the Australian Securities and Investment Commissions news site about PIPs being a scam.
http://www.securities.state.ok.us/
- OKLAHOMA Department of Securities in which they publish an article concerning the ALASKA Attorney General's warning
http://www.fsa.gov.uk/pages/Doing/R...verseas.shtml#p
- FAS Advisory
http://www.iid.state.ia.us/docs/press092105.pdf
http://asc.state.al.us/News/2005%20...orAlert-PIP.pdf
http://asc.state.al.us/Orders/2005/CD-2005-0023.pdf
http://www.afm.nl/consumer/default.ashx?DocumentID=4467
Waarschuwing tegen beleggingsfonds
http://juneauempire.com/stories/081...050814021.shtml
More info?
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