Thread: NEED INFORMATION.....

Well, gee whiz I am hanging in there too. There is nothing else I can do! I invested a wee bit more than $450 and so I have a little more attention for the boards than most members.

As for the level of correct information I have seen on the forums that I am on, there is not much positive that is provable. There are some negatives that are being harped on that have been proved.

Picpay looks like it SHOULD be gone completely. The level of fraud and non-compliance with statements and laws there has been proven and is obvious. A new payment platform will have to be constructed for us to see any actual money from our zillions in rol.

Does PIPS have the money to pay us all our rol again? Was Bryan ever involved in any PPP? Will I ever see my initial investment back, let alone the millions I could theoretically collect in the not-too-distant future? After having no wd for 9 months, I have a completely different opinion on what to do with my rol setting if PIPS ever comes back online. I wonder how many other members will attempt to get out as much money as fast as possible, and what that will do to the program...

It doesn't matter if the sites come back up if we have no legal payment platform. I am tired of watching the auto-generated rol script turn over day after day anyway. What I would like to see is some money in my bank account, and I really do not care how that is accomplished or who accomplishes it at this point.

I have never met Bryan, but from those I have talked to he sounds like a man of the best character. I am not sure what impact that has on this situation anymore. I have no idea what the financial situation of PIPS is. I have no idea what is possible with a new payment platform. I feel like a financially insolvent mushroom! LOL

Like most people who continue to watch the boards, I just want to get paid at some point, but have to wonder if that is ever going to happen. And the People In Patience System continues...

Originally Posted by galadriel

As for Picpay- it cannot come back on line EVER. PIPS and PICPAY are two entirely different entities and the sooner some members realise this the better. Even if PIPS were to come back on line and even if you could log into your account and it showed zillions in you ROL, you cannot remove them because PIPCPAY is finished. If you don't believe me just think about it. PICPAY is an unworkable payment platform unsupported with funds.
BN's quarrel is with PICPAY not PIPS because it's very existence has broken Malaysian banking laws and that's fact not fiction. In other words, unless BM and Co can come up with an alternative, legal, payment platform supported by gold there will never be a way to realise the PIPS 2% programme.
Galadriel

Well I sort of disagree. Why? Because Pips is where our 2% is being created not Picpay. I would imagine that IF BON really did investigate Pips and its holding companies then surely they would have verified that what the total worth of the Pips accounts were equaled to what was in trading or bank accounts. So to me IF PipsInc is cleared by the BON then you would think that means that our ROL is REAL and it is tangible money. Picpay is just a payment gateway. That is all. But lets face it the complaints have to do with not receiving money. And where did members and merchants get most of the supposed funds to buy these items? From the Pips account! So to me the Pips accounts were actually more important to verify and investigate to make sure the numbers add up than Picpay. And thats not to say that an investigation into Picpay was not important.

But thats my take on it.... :lol:

I agree,ROLmania! PSKfinance will likely be the new payment platform.

Mike

I agree ROLmania and I even dare say, the faster picpay is dumped the better. It was a cespit! I really don't see how loosing picpay could be a disaster big enough to drag pips down. Picpay and pips are not joined by the hip or a siamese twin. They are two seperate entities with picpay unfortunately under scrutiny since it is based in malaysia. I say dump picpay and bring in a real payment platform.
I really don get this doom and gloom, calling people naive and so on. The facts alone should set you straight.

The thing that I find amusing with all this speculation and imparting of knowledge about what is what, is that I am just waiting for all this to be complated and then I will see how all the people posting will recover from what they are posting now and work into what the reality turns out to be.

I can see I will have lots of amusing posts to read.

Originally Posted by galadriel

BN's quarrel is with PICPAY not PIPS because it's very existence has broken Malaysian banking laws and that's fact not fiction. In other words, unless BM and Co can come up with an alternative, legal, payment platform supported by gold there will never be a way to realise the PIPS 2% programme.

Galadriel

I agree; Picpay will probably be replaced by something else (pskfinance?)
BUT...Picpay IS supported by gold! At least I have heard that, various times; backed by a gold reserve in Australia.
/Karin

If picpay was supported by gold, then this investigation would not be taking place. Furthermore, we would have our wd by now. So, where is our money? Hmm?

Oh, right, being used to make a grand future. Pay no attention to the man behind the curtain! LOL
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