Hi All,

I want to keep this update clean and simple. I still see some speculations/rumours. What you read about PIPS in the url is lies.

1. PIPS survived. Bank Negara found 99% that PIPS/Picpay are clean and they made no fines or arrest to Bryan and Sharon. Is only small scale investigation is being carried out for the next few days only.

2. Bryan still negiotating with the Bank Negara to allow them to continue business. A very good chance Bank Negara is positive about it. In fact, almost possible as they found PIPS is a real business unlike others.

3. Payment could be a bit faster depending on the arrangement between PIPS and the other party as Bank negara will not gets invovled in building a payment platform.

4. I have a strong feeling that PIPS will be back sooner than we think. I have my reasons for saying that.

I will not further elaborate this issus as you know someone is monitoring this forum.

To those who wish to tarnish or have a plan like Osama Bin Laden to destroy people's life, this could be a good email/forum to send to Bank Negara.

Fellow pipsters, please show some supports by not listening to rumours. Until today, there are some *****s still print this forum to Bank Negara and SEC especially good news, they will highlights to the auhorities for investigation as to the statement made was genuine or otherwise.

I hope some of you understands why I refuse to send any forum. This is the main reasons.

Cheers.... Nelson