Thread: Speculating about PIPS intentions

PIPS is clearly on the move. Over the last two weeks they have taken more steps to insure the longevity of the program than they took in the two months prior to that. They've closed the transfer option at PicPay, they've begun an internal audit of funds, they've closed the forum, they've instituted the news page in the back office, they've given the websight a new look with new features, and they've finalized talks with VAT and seem to have several banks lined up as partners. It seems to me that a decision has been made to take action that will rectify some of the PIPS problems.

Let me speculate about those decisions.

1. The forum is closed, and news is posted in the members only back office.

It seems to me that Bryan must have known that members only information would be posted at TG and other places. In fact, it may be that he was counting on it. While abusive language and name calling by PIPS haters is annoying it isn't a crime. However, disclosing internal memos, and sensitive financial documents is a crime. Those in the TG forum who have leaked this information are engaging in criminal activity. If PIPS can determine that they posted this material with malicious intent for the purpose of hindering PIPS ability to conduct business or make a profit then they will be, not only liable for lost revenue, but also guilty of breaking several criminal codes of conduct. As such they can be arrested, detained, prosecuted, and (if found guilty) incarcerated.

2. It also seems to me that this is an attempt by PIPS to get its' house in order. The internal audit will determine specifically and completely: where funds have come from, what members have been trafficking in fraudulent picpay, what funds are legitimate and liquid, and exactly how much is invested by which member. This will then make PIPS ready to begin the large wave of payouts that should begin sometime next month. in addition, the new fee structure proposed by PIPS will probably fund more staff so that all areas of the business remain current.

3. It seems to me that all of this activity is good news. Action is finally being taken, and hopefully this will mean that PIPS will once again be able to keep up with withdrawal requests, while at the same time being able to invest funds faithfully. There has been so much negative speculation it's nice to be able to engage in some positive speculation for once.

If these changes do come about then it would certainly be appropriate for us to start a thread commending Bryan and all the hard work that he has done. I, for one, am very grateful for his vision of the future. And, God willing, will be able to buy my own private island because of him.

- TwiceWise

Well said and Bryan, Gary and the staff are certainly working hard to secure the longevity of this program and all of our futures.

krisark

Grace, mercy and forgiveness will help a man walk tall - JCM

Originally Posted by Twicewise

PIPS is clearly on the move. Over the last two weeks they have taken more steps to insure the longevity of the program than they took in the two months prior to that. They've closed the transfer option at PicPay, they've begun an internal audit of funds, they've closed the forum, they've instituted the news page in the back office, they've given the websight a new look with new features, and they've finalized talks with VAT and seem to have several banks lined up as partners. It seems to me that a decision has been made to take action that will rectify some of the PIPS problems.

Let me speculate about those decisions.

1. The forum is closed, and news is posted in the members only back office.

It seems to me that Bryan must have known that members only information would be posted at TG and other places. In fact, it may be that he was counting on it. While abusive language and name calling by PIPS haters is annoying it isn't a crime. However, disclosing internal memos, and sensitive financial documents is a crime. Those in the TG forum who have leaked this information are engaging in criminal activity. If PIPS can determine that they posted this material with malicious intent for the purpose of hindering PIPS ability to conduct business or make a profit then they will be, not only liable for lost revenue, but also guilty of breaking several criminal codes of conduct. As such they can be arrested, detained, prosecuted, and (if found guilty) incarcerated.

2. It also seems to me that this is an attempt by PIPS to get its' house in order. The internal audit will determine specifically and completely: where funds have come from, what members have been trafficking in fraudulent picpay, what funds are legitimate and liquid, and exactly how much is invested by which member. This will then make PIPS ready to begin the large wave of payouts that should begin sometime next month. in addition, the new fee structure proposed by PIPS will probably fund more staff so that all areas of the business remain current.

3. It seems to me that all of this activity is good news. Action is finally being taken, and hopefully this will mean that PIPS will once again be able to keep up with withdrawal requests, while at the same time being able to invest funds faithfully. There has been so much negative speculation it's nice to be able to engage in some positive speculation for once.

If these changes do come about then it would certainly be appropriate for us to start a thread commending Bryan and all the hard work that he has done. I, for one, am very grateful for his vision of the future. And, God willing, will be able to buy my own private island because of him.

- TwiceWise

A very nice post TwiceW. Thanks for sharing your intressting thoughts.

Bigbrother
Mod.

I've always believed in PXP's. The CEO's actions and decisions recently have 100% reinforced this. It's so good to hear that TG are finaly going to get their come uppances. :lol:

Nice Post :D

Nice post TW, have a look at the latest in the forum..things are certainly looking peachy.. :D

:D Thanks TwiseWise,

I have to tell you, and i am sure many thought the same way,
that in the latest weeks i had several occasions were i was totally unsure about the future of our pips.

:D You gave me a different way of looking at it. For that i thank you. :D


I wish we would get more info from management, but of course we maybe wont get as much as we could if no one would publish news
on other sites. So, communication, once again, is on a minimum.

BUT :shock: :D thats all ok, IF the actions taken speak or will speak for themselves.

So, lets all hope for the best and try to keep positive.


greets


Necromancer 8)

Originally Posted by Twicewise

However, disclosing internal memos, and sensitive financial documents is a crime. Those in the TG forum who have leaked this information are engaging in criminal activity. If PIPS can determine that they posted this material with malicious intent for the purpose of hindering PIPS ability to conduct business or make a profit then they will be, not only liable for lost revenue, but also guilty of breaking several criminal codes of conduct. As such they can be arrested, detained, prosecuted, and (if found guilty) incarcerated.

Your intentions may be good but I seriously doubt there is anything Bryan or anyone else can do about leaks. The info disclosed is not trade secrets or suchlike and the speculative chit chat on internet forums whilst annoying to many is hardly likely to result in criminal proceedings.

I still think the main issue is payments (or lack thereof) and all energies should be directed to this issue. Everything else at this time is a distraction.

Well, it could be that you are right. We all are anxious to see withdrawals resume. And the sooner that happens that better it will be, not only for us but for the PxPS corporation as well.

On the other hand the CEO has posted on the PxPS forum that znuff lost his account and $2000 worth of profit for posting on TG. Certainly this is action that was taken because he posted sensitive material from the back office.

- TwiceWise

I think that closing the forum was done because of the negativity(which was deserved). It seems that PIPS & PICPAY are always in reaction to events instead of proactive.

"It seems to me that all of this activity is good news. Action is finally being taken, and hopefully this will mean that PIPS will once again be able to keep up with withdrawal requests, while at the same time being able to invest funds faithfully."

I think that all this action is more window dressing than anything.It looks like priority is not to pay members or merchants.

Before y'all call me a troll or newbie, I have been part of this program since 2002. Yes I have seen the clone days and the rescue from Bryan but my hopes are fading a bit every day.