Thread: I AM CONFUSED ABOUT PIPS

Thanks Shell!

That's why I posted it - this seems to be the core of the problem.

>> So if theres no money, from "where" is that money coming from?.

New members join everyday.

Just my 2 cent

$ are not coming from new members who join or else we would have folded years ago.

Only 10% is in trading and the rest from PIPS businesses.

Dear Shell/griz,

Thanks for your comments. Still I have questions :

1. How can the same banks accepted Studiotraffic ?.

(It has 250,000 members on board and payments are made within five days upon request.)

2. Does it mean to say PIPS money is fraudulent or money laundering ?.

Regards,

Originally Posted by roshenco

No, I do not work for pips, I simply phoned them via the usual support nos and asked specific questions. Just as anyone else can do.

My post is based on fact and not specualtion. Fact, members have received payments as recently as Aug 5th, mortgage payments as recently as Aug 5th. Proof that there is still money!.

There may be money, but my concern is how much? I believe that certain facts may indicate that BM is trying to slow down the cash-flow out of the program. When the merchant orders got very big, he shut them down, VAT has not come into place, even if no good reasons have been given for why this is not possible. Why?

The problem is that BM has not shown us how the program generates income. There is no evidence that any real cash has been earned except from member payments. Several investments have been made, but have they generated income in the order of billions? I know a lot of bistros would be needed to earn a fraction of the claimed billions. The bible has potential, but when mostly program members buy it with p..pay, no real money has been made.

The lack of documented real income is my worry. The fact is that cash flow out of the program is restricted. Why?

E.

Documentation for whom? Don't believe they would still be in business if relying upon members, hadn't been ok'd by Austrialian SEC and the Malaysian SEC.