Thread: CONSOLIDATION OF OPERATIONS

Originally Posted by tequila

Should we as members ever want to be beneficiaries of the profits that
can be generated from these P programs, we need to ACT in an appropriate
fashion. This is not a GAME, or your regular run-of-the-mill HYIP. This is
as real as it gets. BM has elevated us to a level of playing field that is
reserved for the elite of this world, by offering us PIPS.

It is so unfortunate that so many don't appreciate the greatest kindness that
Bryan has given to us. It is soo SAD that those he fought so hard for,
and tried to give a better life, were the ones that turned around and
stabbed him in the back, instead of supporting him and stand by his side.

It is my sincere hope that we can learn from these hard lessons, and that
Bryan can overcome the challenges ahead. Please give all your support
to Bryan, he needs to know we are on his side. We are his strength.
(And no I am not a cheerleader for BM, I just greatly appreciate all that
he has and is doing for the sake of us, in spite of us)

Cheers

Great Post - Thank You (I hope Bryan sees that some advisors seem to have their own Agenda)

hi friends.,

To tequila ;

well raharni has pointed about the non-existent DBR and no pooling is going to happen again as it has already been hampered by pips itself.,

Beyond all not only pooling of funds, anything that hampers malaysian financial laws will make pips subjected towards law;

Members were the real problem basically they were not satisfied with BM and his operations and this caused the havoc., that's nothing but a mis-understanding and lack of patience ., U know money kills thoughts when they have nothing ., these were people who never care about conscience ., universal brotherhood and well being ., their only point is money .

and when withdrawals were hampered they pointed it out several times when they were unable to get in favour of them(atleast personal approaches) they began threat and they gave complaints and suspected the vision .,

when EC trust changed its operations then everything changed and malaysian members were let ., and the entry into pips changed only through picpay., this created a contravention inside and the people who gave the idea of creation of picpay is the root cause of all hazards., after the EC trust is gone ., the real transacts fell within the organisation of picpay and note the international transacts fell within their purview of purchase of dollars and getting and letting agents of malaysia to purchase., this made the effect into finding considerable view and point of attention towards pips.

The next analytical point is picpay is left being registered within malaysia when pips changed to BVI from Labuan., this caused another hazard ., but they were left over being unwatched .,

here COMES THE VIEW OF BMW1; and he is right pips management --- is reactive and not pro-active which is the main thing of top and middle management to maintain the future ., but the growth is considerable and they were unable to concentrate on .

But pips is pro-active he made trial to make banking in cambodia before everything started ., but he beleived his staff as his thoughts were in expansion before stabilising his main business wing -PIPS.

SO BRYAN IS NOT A REACTIVE PERSON WHO HAS STRONG ADMINISTRATIVE SKILLS., CAN FACE ANYTHING ON THE WAY ., NOT JUST FUN WHEN I SEE THROUGH HIS ATTITUDES IN TOUGHT AMBIENCE I AM GETTING THIS CONCEPT AND SURE I AM NOT WRONG .

BUT IN reality his management people were not proactive and not able to think in a futuristic mode., this hampered the growth of pips.,eigther they should have betrayed or they are not skilled ., beyond all business wings such as 5ytp made some collapses with alliance as I already pointed out .

sure BM left when he considered doing business and its expansion he left all over to Gary Nicholas.,

a LOT OF HAZARDS ARE ON THE WAY THAT BRYAN HAS TO FACE ., BUT BRYAN IS A MAN OF CHALLENGES AND HE MEETS EVERYTHING EVEN AT FACING RISK.,

SURE A RESTRUCTURE IS PROMINENT .,

BUT DEPENDS ON THE FACTOR OF BANKING AND ALLOWING PIPS MEMBERS FROM MALAYSIA ., if BANKING OUTSIDE MALAYSIA.,the 2% will be prominent and will survive if banking is carried out of malaysia ;

If within malaysia pips opens up the books and offers their taxation but certainly have to reduce the rate of return to us ., due to taxation., then due to banking laws of malaysia the rate of returns are regulated as offering the rate within malaysia ., cannot offer this roi., else Bryan has to spend a huge upon some of their projects of unemployment which often wont give massive returns just dumping pips money into malaysia .,

and split banking technique is accepted ; I know Bryan is better cute .,

picpay serves as its bank management wing split for different offshore aided banking .,

trying to avoid bank wire transfers and do a centralised banking through offshore debit card pattern.(here to quote every country watches an outflow and inflow of funds and their origin and they suspect every non-trade funds to be of dirty money) so bankers will ever keep an eye .,

members should think about this ., but they think getting a debit card and withdrawing huge amount is pain., okay i do accept this a pain but when money flows regularly this wont harm you for just pulling money .

curbing wire transfers will create ease. offshore debit cards are not at all watched and they remain (in a technical way) so the activity seems little watched without being the prey to bankers.,

This saves both the member and the firm.,

But I hope Bryan has a different perspective he is a man with strong will and when he enters a thing he will take care and throw everything to the dust and will have his own views in action and he always offer the best.,

ever friendly
swami nair

Thanks nair as always. Do you think the offices will be open on Monday, will the bank have concluded their investigations in that short space of time, and if so will we hear from BM?

Once again, thank you Nair for your comments.
I do agree that the current situation has more to deal with Malaysian laws
and banking laws. So it's up to BM and BoN to resolve issues involved.

I do see the point that transfers of money in and out of Malaysia (being a
Foreign Exchange Controlled Country) is of great concerns to the local
economy and banks. The risk of hyper-inflation is very real when BM allowed
Malaysians to get involved in PIPS. After all PIPS was in the process of
creating millionaires. LOL

What comes next will depend on BM's goals and sense of fairness.
You've pointed out a couple of scenarios, I believe for the interest of all
involved banking should be performed outside of Malaysia.

Our Malaysian members would have to structure themselves properly in
order to benefit from PIPS in the future. In actual fact, every single member
of PIPS need to structure themselves properly to benefit to most from
the PIPS program.

Agreed that although BM is pro-active, management is re-active. Hence
the accumulation of problems. The sad part of the whole story is the
management are good people, they work hard and try their best, however
they are way over their head, when it comes to understanding the true
operations of PIPS and their implications.

It is going to be a bumpy road ahead, and many more challenges for BM
to face. However I do have faith in BM. He is much more in tune with
things than he is preceived to let on. I'm sure what is occuring right now
was expected by BM long ago. So let's see how it plays out.

BM is a doer and not a talker.
Actions are better than words.

Keep the faith

Great posts nair and tequila.Informative reading.Nair should have his own sticky thread with tequila making clarification and bringing it into perspective. 8)

Originally Posted by bmw1

Hello Folks:
You are missing the point! Every Corporation has a responsibility to regulatory authorities whether Financial or Legal. The fact that Pips would not get their house in order is not the fault of external influences, but because management chose to remain reactive instead of proactive! Though I believe Mr. Bryan is for real and has great desires to help people out of our financial doldrums, the modus operandi was simply wrong. It would be beneificial if some folks would quit chasing their tails!
Take care.

bmw1,.... good points!

Unfortunately, PIPS (inclusive picpay) business model or to be precise, the value chain had some serious flaws. The business model was not strong or robust enough, and my interpretation is that the management team was way too thin and their experience was not diverse enough (high yield trading and financial risk management) to handle situations that we have learned during the last 8-10 months.

To me, it was a joke to read the blames that the management threw at the PIPS members including the trolls from the outside world. Such behavour told me that the management had little or no control of the situation, and that there was a good reason to believe that PIPS was already in deep trouble.

I am still questioning the total lack of PIPs openness to the actual business model! (never been a good idea to hide too much from a professional investor...and it came as no surprise that PIPS was stamped as a Ponzi by the media and most professionals)...and I am convinced that PIPS with the existing business profile would not be able to support and pay the promised ROL. It was just a matter of time before PIPS would show some serious cracks, but I did not expect them to already become a reality in 2004.

The mix of businesses like cafees, bistros, fashion etc (the closest you can get to commodities) has little to do with a high yield financial business. To me, a fundamental and fatal business decision that would definately not give seizable profits during the next 5-10 years.

I will be surprised if PIPS is able to revitalize. If so, BM has to blend a new business model with some attractive benefits (honor the members their WD and/or picpay deposits etc.)....perhaps try to continue the 2% program in a less ambitious fashion.

Only time will tell, but again anything will be a bonus!

hine

galadriel

I don't remember the exact date, but they did it right. It was a month or two ago you could go to your 5ytp account and transfer it to your Picpay account. It worked very well when I did it, no problems. Perhaps when they are back up it will still be available for you to do, I did't see a deadline date for transfering.

Wishing you the best. Good Luck.