Bill Murphy's Take on Bryan's E-mail
I forwarded your earlier e-mail from Bryan Marsden to Bill Murphy of BTI for his input and evaluation. Here is his reply which is given with permission.
"Hi Al....
Well I don't know if this is actually the text of something from Bryan.. but I can see that it could be something that Bryan could have communicated
to someone.and could very much be genuine. It is very much what he has said so far.. that he is doing everything he can, and for members not to come to Malaysia that there is nothing he or they can do... and I think that he intends to be back one way or another.. I believe that even if PIPS is totally liquidated by BoN or any other entity.. As long as Bryan is NOT found guilty of anything that would incarcerate him or prohibit him from doing so.. he will be back even if it is with a totally new program.. and we have spoken about the fact that those who complained to BoN DID create that risk of just losing everything. I mentioned that in a couple of the updates.. that if something called a Moreva injunction was filed. that can be a death sentence for a program like this. cause everything gets frozen and then gobbled up in fees and fines etc.. and goes into a bureaucratic black hole and I mentioned that I am hoping that they don't push that far ..
Again .. as I mentioned.. Bryan has to hope that the investigation by BoN results in allowing enough assets and/or entities remain that they could support some sort of restructure that would have BoN's approval as compliant.. and Bryan could rebuild. With the wide extremes that are being reported by various people who claim to be "in the know" it is tough to really tell what the truth is.. I know that even if I connect with Bryan again soon I know he will remain general and not share specifics because of all those who would try to use any specific details to undermine any effort to restructure and revive anything.
I hope to connect with Bryan and with Tom Broadbridge over the weekend.. when hopefully things are less hectic for Bryan. Tom mentioned to me last night that it is looking like it will be after the first of the year before any movement in either direction with PIPS would occur.
Hope that helps... I intend to put out a message to all BTI members later this evening including the topic of this text message and am
hoping to catch Bryan this evening before I do it.. if I can.
Thanks
Bill"