Thread: Dear nelsonlee, nair, or anybody that have FACTS!

Dear nelsonlee, nair, or anybody that have FACTS.
Those who have only speculations please do not reply to this tread.
I hope we can gather some more FACTS here.

Did Bank Negara come with any info about the current situation, with them taking P**S servers and all?

If Bank Negara did investigate P**S/P*c*ay early this year don’t you find it strange that they now have seized the servers for investigation.
I do not mean to be rude or negative, but something does not add up. If they already have been investigated and found clean, what’s the current investigation all about?

I’ll assure you that I am a true P**Ster, but I’m a little bit concerned this days as many of us are.

I’d be grateful for any information that can enlighten the current situation P**S/Bank Negara.

Thank you, and please excuse my bad English

Best wishes to BM and all fellow P**sters
owejac :?: :D (Norway)

Hi owejac.
first off, NEVER apologise for your poor english.
we have no choice but to await the outcome of the investigation by bank negara.
my only fear is that pic-pay was NOT backed by gold reserves down under.
if that proves to be the case then, imo, pips was a you know what from the start.
fingers crossed,
tuppence.
:cry:

Bryan doesn't know what's happening at the moment either and Bank Negara is still trying to piece it all together. All Bryan does know is that everything has been shut down, all the equipment has been taken away and there is a pretty solid investigation going on and that didn't happen because Bank Negara had nothing else to do. All the staff -except IT-have been put off, at least temporarily, even Bryan doesn't know if any of the jobs will be reinstated. The Pips floor, the Picpay floor, the Pic Realty floor and the Merchant section are all closed. The Bistro, Pips Fashions and the lovely new Tandori restaurant which had it's grand opening on 10 August are all still open. I wouldn't expect that to continue for too much longer, as they all run at a substantial loss...

Just fragment from email I got from Malaysia.

Originally Posted by tuppence

Hi owejac.
first off, NEVER apologise for your poor english.
we have no choice but to await the outcome of the investigation by bank negara.
my only fear is that pic-pay was NOT backed by gold reserves down under.
if that proves to be the case then, imo, pips was a you know what from the start.
fingers crossed,
tuppence.
:cry:

Forget about picpay being back by gold, if there arent appropriate funds to cover picpay or at least the outstanding withdrawals then i think Bryan is in deep doo-doo.

Yep... Picpay is key. If Bryan never bought gold...it's very very bad.

Adron,
What you posted, sounds exactly like an excerpt from Warren Webbs last "update."

Which in my opinion is useless information. Bryan is having meetings with the Bank, not Warren.
If anyone knows about what is going on aside from the bank, it would be Bryan.

Though it looks to me as if Warren is back in Maylasia to stir the pot..and try to cause more trouble.

VP

The question we need to be asking is, "What does Warren and all others who are against PIPS have to gain from this current situation?"

Now that is the real question all members need to start focusing on and questioning instead of believing words from people who are as far from what's really happening at PIPS as the distance man is from the moon.

Ask yourself why PIPS is still so vitally important to them; what's in it for them?

Instead of continuing to 2nd guess Bryan and PIPS, ask these folks to factually explain how the complete PIPS model works. Inside and out...

Ask them to explain the inner workings of PIPS, how the 2% is made and how all of the businesses fit in to form the unique business entity called PIPS.

Can I explain it all? Of course not. I can't because I'm not Bryan and neither are they. Bryan founded PIPS, they didn't.

But then again, I'm not the one trashing PIPS with blind accusations...

If they can't explain PIPS without saying "It's a scam," then why would we, as members, trust their word on issues for which they have no first-hand "working knowledge" such as what is happening with the Central Malaysian Bank? And the operative phrase is, "working knowledge."

How can they convince members about what is happening with Bryan, when they're not even "working or have never worked" with Bryan? And if they have worked with him in the past, it doesn't necessarily mean that they've actually "worked closely" with him.

Furthermore, if they have no "working knowledge" about how PIPS really works, no close "working relationship" with Bryan now or even in the past, and do not know what is really happening with PIPS and bank regulators, all is nothing but "Speculation, speculation, speculation."

How can Bryan, the founder of PIPS, not know what's going on right now but Warren who doesn't even work at PIPS, does know what's happening? That's a little far-fetched to say the least.

Ask yourselves, "Have any of these people spoken directly with Bryan's lawyers, his consultants or with the CMB and if not, why not?"

"Why not?" Because they're not in the inner "working" circle of PIPS. Therefore, most of the information they get, they get from us...

They're on the outside looking in and gathering info off the various forums, putting all of that info together and then coming up with threads to panic, distress and alarm members to negative action in thought, word and deed.

Don't fall for it. Stick with what Bryan has said no matter how things may appear. And remember, appearances can be decieving.

Bryan knows what is going on, they don't. Bryan has more information than we do so let's let him do the work that needs to get done without interference from members and let's rest on the words he gave last week, "EVERYTHING WILL WORK OUT OK!"

No question about it, a strong emphatic statement.

It's pretty obvious that Warren wanted to make everything look as bad as possible and that is why he encouraged everyone to withdraw to picpay, thankfully a lot of people saw through that and changed back to 100% re-invest.

The question is Why? There must be something in it for all of these people other than just hatred.

Maybe they were thinking that the more $$$ in picpay the better chance they might have to get it for themselves? :twisted:

The only ones who will get $$ from Picpay (IF it goes down) are lawyers and ABCs.
Members will get nothing they never do, except for maybe a few pennies.