Thread: Open letter to Bryan

ahh i loved those old days at the old forum, dont ya?

Originally Posted by maxtrader

Thanks you are right. How come i did not figure out?

Originally Posted by gjr

Your arguments are not valid whatever happens with PI
Do You not forget that PIPS is based in Malaysia,why would ringing Rotary in New York necessarily clarify anything
I can donate to my Rotary club here locally which is a million miles from New York
Does everything revolve around the USA
I sure dont think so,there is life elswhere on the planet
(no offence to the many wonderful americans, friends included)
PI donated to the UN many times,did you not see the schools etc in the Phillipines
I give you this that the websites were often not kept up to date with this sort of info but I think the majority lived with it and didnt whine and complain
All the best to you

Greg

You are right on the button, Greg.

It is the inane and inaccurate nattering of (mental) midgets that sees people phone the UN because a speculative investment went wobbly, or sour. Or phone the international HQ of rotary regarding a regional benefit. God help us!

The reference to a 2003 PureInvestor Forum means absolutely nothing. Since then I, for one, have invested about USD12,500 and withdrawn over USD35,000. And if it comes back on line I should have over 500,000 in my Loan account. It works for me!

But referring back to the opening Posts from an experienced banker, it is true that the banking industry is not set up to handle the many Bank Draft transactions that a program like PIPS will generate. That much had to be apparent to anyone with a brain. But there are otherways of handling the volume, including limiting the number of transactions per week/month.

But even more effectively, there are organisations. like LondonGoldExchange, that will take in funds by Bank Transfer in bulk and then fire them off to multiple recipients for a very moderate fee.

Or e-gold/e-bullion can serve the same purpose, leaving the members to withdraw funds as required. But the easiest and simplest is simply to issue normal cheques from a bank account and post them out as companies and government departments do by the million every day!

A relatively inexpensive accounting program like MYOB can serve 10 or more computers and send out cheques by the hundreds every day for much less than the cost of a Bank Draft, and from a practical standpoint, international Bank Drafts are still subject to a long clearance delay (my bank wanted 21 working days to clear a Malaysian Bank Draft!) So there is absolutely nothing to gain from going through such a laborious process, especially when it only serves to increase costs and bottlenecks.

I have made the offer before, and I make it yet again.

My company is prepared to contract a set price per cheque to prepare and post cheques around the world. I would use an account (yet to be opened, due to the current non-payment of PICPAY funds, but up and running within days of receipt of my own $5000 funding) based in a 'acceptable' tax haven country, so that there would be no problems with taxation etc.

Set Price. No Hassles. Not less than 10,000 cheques per month! And my own health Loan Account as collateral for my honesty! What's better than that!

Regards
GrahamB

Jorenie, great post! Makes sense.

Tarzancio, obviously, you're not reading BM's posts here in the forum.

Tarzancio, I think, according to my common sense and logic... that PIPS and Picpay will come back, their names may not be the same though.

pips has done lots of charities, I am surprised that you have forgotten all those pictures of the schools in Philippines that pips helped funding which were just posted a few months ago ?

Originally Posted by GrahamB

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Set Price. No Hassles. Not less than 10,000 cheques per month! And my own health Loan Account as collateral for my honesty! What's better than that!

Thanks for the interesting post Graham! Lets see what happens!

Well, althought I agree with most of Jorenie's post, I certainly do not agree with the part about the manual procedures surrounding wire transfers.

Maybe the archaic check driven banking system in the US works like that, but please check with your previous employer ABN AMRO, which is a dutch bank, how it works in the Netherlands and probably in most of Europe.

Every transfer is in the form of a wire and, nowadays, it does not matter much whether it is a national or an international transfer.

In fact the EU has imposed rules on the cost of the transfers and banks are not allowed to bill more for an international transfer in Euros than for a natiuonal transfer.

I am 99,99999% sure that the banks would not have permitted acception of these rules if there was so much manual labour involved with each and every transaction.

Checks on the other hand are hardly used over here and cashing in checks is very, very expensive and takes many weeks.

So grahamB, thanks but no thanks.

And also, I hope that when the new or reorganised program surfaces, we will find that it does not use the USD as the US seems to be a major part of the payment problems we have experienced and also a major cost factor since the wires had to go through US banks.

That's very informative post, Jorenie. Thanks for showing us the lights, maybe at the end of a tunnel or just around the December time frame.

well today, I went today to the United Nations, and I said WENT, walk in, to the United Nations here in Buenos Aires, ARGENTINA officess. Talked with the International Business affairs chief Ms. Cindy Garcia, and you know what she found out?

First at all, she told me PI does not exist on their database and they never did, she also called UNESCO regarding this, and same answer. We have a long conversation, regarding PIPS. good luck

Originally Posted by tarzancio

well today, I went today to the United Nations, and I said WENT, walk in, to the United Nations here in Buenos Aires, ARGENTINA officess. Talked with the International Business affairs chief Ms. Cindy Garcia, and you know what she found out?

First at all, she told me PI does not exist on their database and they never did, she also called UNESCO regarding this, and same answer. We have a long conversation, regarding PIPS. good luck

Why would you go to all that trouble? You weren't even checking the right company, you would be well advised to read some more up to date information.

Why Do These People Bother?
If Pips Is Dead Then Move On Leave Us Alone Welike To The Lost Sheep Go Save Somone Else.
Pips Will Be Back I Know It Deep In My Heart It Will Be Back There Is Over 1 Million Programs That Are Scamming People Everyday But Noeone Dose Anything About Them If You Think We've Been Scamed Then It's Too Late To Save Us Go Save The People Who Haven't Been Scamed Yet And 1 Other Thing Get A Life.