Thread: Starting point of new structure

Thanks for clarifying your post, spongebob.

Is it "safe" to presume that whatever was sitting in PicPay when PIPS were offline is money that at some point must be sent to the account holder?

Caroline

Very interesting Bob, I have speculated privately about this issue and my conclusions were almost exactly what yours are. Percentage payments seems the only fair and reasonable way to go as far as I can discern. Knowing Bryan and how has operated in the past, whatever he does will be fair and honest. Of that I have no doubt.

hzchoice

"SAFE TO PRESUME"

Thats all you can do is presume.... but to bank on your presumptions is unsafe.

There is no pips at this time.... and unless it comes back online and starts paying there is no need to presume, assume or make any other committing type mistakes... as "pips back on line" is what is being persued (or not) and that is all. I take comfort in my past experiences with Bryan and BOB is right.... about what Bryan said for restructure, but who would assume that the 2% will come back any different than when it went off line. There is no info about lost funds... is there?

Sooo why assume there will be less in the future?

Relax and wait a few months as Bryan suggests and then we all will see the return and what "is". It will actually "be" without assumptions.

Love and trust rule, over hate and distrust

Trust Bryan unless something concrete proves different it won't hurt any more than where things are. It cannot get worse only better. (right now there are no withdrawals or online access and "no pips".... so anything in the future cannot be worse than that)

Worry is just "WORRY", and changes nothing. I know it is not easy especially the new lenders who have not seen returns. But do yourselves a favor and be positive until we see what actually comes of pips... and then you will know what you can take to the bank.

All the best to you.

Originally Posted by coolx

we all have to suggest we all have to opine and think what will happen if evrything will
be ok, but don't forget that evrything is already planed from Bryan's side all we have to do now staying cool sending our prayers our positive thought to increase Bryan's will-power until the well done.

kindly coolx

Is everything planned out? Does Bryan have it all sorted. I know the restructure was about to happen before BN went in but surely it all depends on BN's outcome. Or have I missed something?!

content removed ... as I leave RolClub and don't want to leave anything here
/torben

Spongebob? I think your Pants are too square!


Mike

[QUOTE=spongebob]I am surprised that so many members have joined pips and do not know the answer to this question of where Bryan will start from after restructuring...

Bryan has always been very clear wherever he has been and answerred the question of "What happens if the investments go bad" - say in a market meltdown - and we have to start all over again.

Well the answer is simple:

Every member will be allocated funds pro-rata of what is left in total in the account.

This means that no matter how much your account was before the site closed down, the amount that will be put in your account in any new structure that Bryan will put in place will reflect a percentage of what was showing when the site closed down, based on what total funds is available at that point!

So let us say the total funds showing in all members account on 16 August was $100Million and the total funds available after pips/picpay is cleared is cleared of all debts incurred is, say $30 Million... in other words 30% only... then each and every new account in the new structure will show 30% of the amount that was in the account when the site went down...

Obviously, this formula will only depend on if Bryan has the funds to pay for members withdrawals in picpay and he probably will have to take the picpay withdrawal requests into this equation as well...

Remember that money in always has to be equal to money out... and Bryan cannot manufacture funds that do not exist...
For all this setback we have to thank some greedy and unscrupulous merchants and members...

my 2%

spongebob Affirmations here[/QUOTE
What you posted is not helping, it only causes moor problems. However we know you meant well, but its only here say. It’s best you don’t give us your opinion. Bryan should know what needs to be done by now, let’s wait for that. Affirmations.

Spongebo
What you posted is not helping, it only causes moor problems. However we know you meant well, but its only here say. It’s best you don’t give us your opinion. Bryan should know what needs to be done by now, let’s wait for that. Affirmations.

Spongebob,

The point I was making is that you state what will happen as fact, while it is nothing more than your assumptions being based on the assumed situation we are in now.

The problem I have with that is that many readers may take your post as fact while it isn't.

Your explanation doesn't take it away, in fact it obscures the issues.

You classify legitimate questions regarding rol as naive questions.
What I put to you is that a large part of the money might be invested and might be generating interest for us, even if the serves are down (based on MY assumptions).

There's nothing naive to these questions other than that your answer is as good as mine.

Only Bryan can tell.

Your answer is based on assupmtions and I am stating that the servers being in place doesn't have anything to do with interest being earned.
The servers play no part in this. They are only required to report the interest.

Just make sure, when you post that it is clear to the casual reader whether you are making assumptions or posting fact.
In my opinion most of your post contain assumptions and little fact.

Not a problem with that though as long as it is clear.
Btw, I am certainly not accusing you of negativism.

Originally Posted by 4profit

Spongebob,

The point I was making is that you state what will happen as fact, while it is nothing more than your assumptions being based on the assumed situation we are in now.

The problem I have with that is that many readers may take your post as fact while it isn't.

Your explanation doesn't take it away, in fact it obscures the issues.

You classify legitimate questions regarding rol as naive questions.
What I put to you is that a large part of the money might be invested and might be generating interest for us, even if the serves are down (based on MY assumptions).

There's nothing naive to these questions other than that your answer is as good as mine.

Only Bryan can tell.

Your answer is based on assupmtions and I am stating that the servers being in place doesn't have anything to do with interest being earned.
The servers play no part in this. They are only required to report the interest.

Just make sure, when you post that it is clear to the casual reader whether you are making assumptions or posting fact.
In my opinion most of your post contain assumptions and little fact.

Not a problem with that though as long as it is clear.
Btw, I am certainly not accusing you of negativism.

4profit,
No problem then!
Of course I am posting as me, a pioneer of over 3 years with Bryan... not as management, otherwise I would have clearly identified myself!
What I am saying is that knowing how fair Bryan is, I was basing my response on the historical facts and how he has dealt with them in the past!

At the same time, I was hoping that I would prepare for the members who think that the new structure will start, say 6 - 12 months down the line and NOT TO HOPE THAT EVERY MISSED ROL WILL JUST MAGICALLY APPEAR ON THEIR ACCOUNTS as if nothing has happenned in the meantime!

The best we can expect is for our accounts to show what we had on 16 August when the servers were taken away...

To expect more will end up in dissappointment...

And if the investigation last 6-9 months, you really need to be optimistic if you think that moneys will keep earning interest indefinitely...
Investments are mainly in PPPs and and in fixed contracts... probably dozens of them... so when the contracts run out... they run out!
Just be reasonable!

spongebob