Starting point of new structure

[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

[suzanna]

For all this setback we have to thank some greedy and unscrupulous merchants and members...

spongebob

Exactly! Don't forget the greedy and unscrupulous staff, there were a few of those among the gems as well!

[George]

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!

Do you mean the total value of the units in our account before the site closed down?
How are about those amount accumulated in our Available Fund? Any idea?

[spongebob]

George,

Since the servers have been offline, then no funds have accumulated in your available Funds in the last 7 weeks.
If you mean money in your AF before it went down, then it will be lumped into you account total before a % is worked out for your new structure!

spongebob

[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

[4profit]

Spongebob,

You are speculating but you are putting it here as fact.

Bryan has been asked and publicly answered the question (in the old forum) about at what time the funds were save in case of what you describe as a meltdown.

There were two possibilities:

1. when the funds were in AF
2. when the funds reached picpay

Bryan clearly stated that the funds were save as soon as they were in AF (not reinvested).

Apart from this, the question simply is, do we have a meltdown right now or not.
A restructure may have nothing to do with a shortage on funds, but may be a structural or legal reorganisation.

Servers off-line also do not necessarily mean that investments (and their return) stops. The servers are only reporting tools. Nothing more.

Ultimately, we simply do not know!

So please, don't post your expectations and assumptions as fact here!

[4dataxman]

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

*******************English, please*************

4D

[champ]

Ok, yeah, what 4D said! LOL

Glad to ya' back!

champ

[leftyken]

Spongebob,

I agree that what you are posting is only "YOUR" opinion. It may be right. It may be wrong. But you are talking like you know for a fact that you are right. That is not fair, because some people may take it that way. When you are making a post like that, please let people know that it is your speculation.

[spongebob]

Spongebob,

You are speculating but you are putting it here as fact.

Bryan has been asked and publicly answered the question (in the old forum) about at what time the funds were save in case of what you describe as a meltdown.

There were two possibilities:

1. when the funds were in AF
2. when the funds reached picpay

Bryan clearly stated that the funds were save as soon as they were in AF (not reinvested).

Apart from this, the question simply is, do we have a meltdown right now or not.
A restructure may have nothing to do with a shortage on funds, but may be a structural or legal reorganisation.

Servers off-line also do not necessarily mean that investments (and their return) stops. The servers are only reporting tools. Nothing more.

Ultimately, we simply do not know!

So please, don't post your expectations and assumptions as fact here!

No 4profit,

I am not giving you a scenario of a meltdown!
I was simply giving an example of what Bryan said would happen if a meltdown happened!

And I simply followed from there to explain that if at any point - such as right now - there would be a reason not to have 100% of the funds what Bryan's way to solve this would be!

You will note carefully, that at no time did I say that there would not be sufficient funds... but I gave an example of there being only 30% of the total amount in members accounts...

I could also have given the example of 10% or 90% of funds...The formula would not have changed at all! The result would be the same in calculating pro-rata to the members...

The reason for my posts, is because I see some very naive questions of whether ROL is still running while the servers are with BoN and the staff are not working!

I am not claiming that there is a shortage of funds... though all indications are that Investing our funds are the last thing on Bryan's mind over the last 2 months or so...We also know that there have been the unscrupulous merchants...Banks holding on to funds which should have been released for re-investment by pips!
(Bryan was very clear in the Hawaii meeting, in March 2005 that because of banks not releasing funds on time for re-investments had caused the company to lose at least $100M in non-earnings... and we know that this had continued after March to even a larger degree...)

So having been with Bryan since July 2002, and knowing how he has responded to crises in the past, I was clarifying how the restructure would be effected...

Am I being negative?

Not at all! I am simply preparing members to think in the right way!
After all, as I said in my first post,
MONEY IN, WILL ALWAYS BE EQUAL TO MONEY OUT...
In other words, Bryan will do his best to honour everyone's accounts... as far as the money is there in the account...ie it has not been pilferred... ie it has not been blocked indefinitely by regulators etcc...

The mere fact that Bryan has confirmed that he will restructure and will be back is extremaly positive and means he is reacting in the same way that he did when the clones closed down in Jan 2004...

I hope I have managed to clarify my post above and that you will understand what I wa strying to say!

spongebob