Hello,
My withdrawal from 3rd January is still pending. Is there something wrong with the program?
When will the withdrawal take place
Many thanks
Picpay reply:
Hi,
Withdrawals moving at the slower pace due to high volume of backlogs and our new bank system is not establish to release the wires or cheques in a short time. We cannot give you any estimate time for this request.
Sorry for the inconvenience cause. Thank you
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12-08-2005, 08:25 AM #1
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Picpay response to my ticket. Received Today
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12-08-2005, 08:32 AM #2
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it means don't wait for that to pay your mortgage!! It'll work out on the long run...I hope
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12-08-2005, 11:52 PM #3
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It will...eventually..People need to understand that when Bryan started PIPS it was with a 5 year plan in mind..We have gone what, 2 years? Sometimes it takes longer for plans to come to fruition than anticipated, but I am sure it is all worked into his 5 year plan..and it may take a little while to get the fruit of the tree, just as it takes a little while to get hot water out of your tap when you turn it on.
Cheers
Underroo
AKA Pantherjon
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13-08-2005, 03:43 AM #4
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Originally Posted by Underroo
I definately wouldn't have to do my current job again if it works out for that long :!: :D 8)
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13-08-2005, 04:02 PM #5
Yes, look toward the LONG term goal. This short term thinking is hurting the newbies.
A cold beer and a good book is a wonderful thing sometimes.
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13-08-2005, 07:21 PM #6
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And what exactly is this '5yr plan? I thought that was something the communists worked after in the old CCCP.
I didn't, see that mentioned when I signed up, and I still don't. Neither did I see anything about viewing the investment as a long OR short term option. What I did see was someting about me being in control of my earnings and being able to make my own plans and calculations barring a global economic disaster.
I hate to revive this one, but, as far as the 2% program goes, in 5 years time there would hardly be enough money in the world to pay the interests.
A conservative estimate based on my own low end returns, would be that the one hundred thousand or so P*** members on average could withdraw 300$ a day and still have their accounts growing.
That's a realistic 300 x 100000 x 20 (appr. trading days in a month) = 600000000$ a month in WDs after 1 1/2 years. So please let's not talk about 5 years.
On another note, we've all been told, and want to believe, that the money is actually there. But at the same time we are supposedly making millions of $$$ a day in pure profits, we have to do lottos to raise a measly couple of thousand for water purifiers and the likes Hmmmm.... :?
Or why are we waiting so long, and the CEO working so hard, for the second bistro franchise? We should be able to open 5 a day with our pocket money considering the kind of earnings, current and projected, generated by P*** investments.
So to repeat, what is this '5 yr. plan' about?
T-H
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13-08-2005, 08:05 PM #7
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I think the 5-Year Plan you are asking about was the 5-Year Trust which Bryan's attorneys suggested that PIPS should close down for the time being.
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14-08-2005, 07:14 PM #8
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:lol: i am affraid we are over 210 000 members and
over 440 000 accounts. :lol:
Said by bm in hawaii :lol:
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14-08-2005, 07:58 PM #9
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There is no mention of there being a 5 year plan on the Pips site at all.
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14-08-2005, 07:59 PM #10
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Postings as from "thinksnow" is gradually going off the trail.... will delete or relocate those into the Lost & Found if anymore responses other than on the PicPay response ticket continues after this... :) MOD - YB.
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