Thread: Lack Of PIPS Communications

A lot of things about the way Pips was managed was very amateurish in my opinion. As far as risk, theoretically there should have been no risk once funds became available and into our Picpay accounts.

Dont invest more than you can lose.How true.

But please dont overlook that money in PICPAY was as good as cash.Bryan stated on many occasions funds in picpay were safe,backed by gold reserves in Australia,which I believe is true.

So whilst your pips loan was considered high risk,monies in PICPAY should not have been.

Originally Posted by everwiser

Obviously there are too many people on here that do not understand the meaning of the word "risk". Here it is for anyone who cares: Risk- hazard: a source of danger; a possibility of incurring loss or misfortune; a venture undertaken without regard to possible loss or injury; expose to a chance of loss or damage; gamble: take a risk in the hope of a favorable outcome...

Based upon the definition(s) of risk, how were you (or any of us) "supposed to" to get a particular return or "promised" a particular return? The words I quoted don't fit with the work "risk". The words "could" or "possibly" do, but not "supposed to" or "promised".

The sad thing is that there are entirely too many people on here that believe they were "supposed to" or were "promised". If you go to a stock broker and put your money with them, they aren't going to promise/guarantee you a thing except that they are "trying" to increase your stake. Many of these same people are the ones that ended up causing the eventual seizure and ceasing of operations because of their complaints (to various authorities) that they didn't get what they felt they were "supposed to" get or "promised" to get when, in actuality, they were only told that it was a "risk" but that they "could" get the returns illustrated (if things went well).

Please at this point do not use an argument to counter my statement. I'm a DESPERATE PIPSTER who wants nothing more than some news on PIPS. Even things like, "this week we will not see the light" would be good enough a comfort.

What you are doing will only push people to the edge.

If hope wasnt given by PIPS, I wouldnt be here in another country in the first place! and now all these have become what I call a false hope.

Originally Posted by vincekua

Please at this point do not use an argument to counter my statement. I'm a DESPERATE PIPSTER who wants nothing more than some news on PIPS. Even things like, "this week we will not see the light" would be good enough a comfort.

What you are doing will only push people to the edge.

If hope wasnt given by PIPS, I wouldnt be here in another country in the first place! and now all these have become what I call a false hope.

I did not answer you with an argument; it's a counterpoint and/or explanation. You might even label it a debate but it is not an argument.

Those who become desperate/panicked typically become irrational; it's like the guy who's drowning who will end up drowning his rescuer because all he can think about is his next breath and not how to survive and live out the rest of his life. If you are truly desperate, I feel for you, however there is nothing I or anyone will be able to do for you until you relax and allow yourself to be helped or given hope.

You and everyone else has been told "there is light" but obviously you and others don't wish to wait and see it. I'm not trying to push people to the edge of anything. If you are in that bad of a position, sit back, take stock, and work the problem. You can obviously find a way to monitor/post on this forum so you're obviously not destitute or without mental faculties. Save the money you're spending on an ISP or the mental ability you're using to bargain your way online and find a way home.

To Dreamer and OICU812, the banking problems have been fairly well established. Add to that the servers being seized (you both do know that all of the account holder information is on them don't you?) therefore removing the ability to know "who has what" in PicPay. Even if he had unrestricted access to the money in PicPay, without the information on the servers, how is Bryan supposed to route any money (backed by Gold or not) to anyone? Is he just supposed to take requests from all of the "honest" people who got into Pips? "Yeah Bryan, I had $1,000,000 smackers in PicPay. Honestly, I did. Would you be so kind as to drop me a check in the mail at your earliest convenience? Gee Thanks!" Come on guys; get a grip.

vincekua,


What country you are in right now?You might be my neighbor and I can have a chat with you.... and tell you that ALL (including me) have the mentality of a CRAB SYNDROME. If you put two or three crab on a small can, you will notice that if one tries to get out from the can...the two crab behind will grab and try to pull him down..........maybe it's MANs instinct...

Originally Posted by vincekua

If hope wasnt given by PIPS, I wouldnt be here in another country in the first place! and now all these have become what I call a false hope.

Originally Posted by Pippyman

Not only that but people need to go back to where this all really began to fall apart. That was when HSBC shut down the main Pips banking account. Why? Well there were plenty of hints of people like dogman and incognitus calling, faxing, and writing the HSBC declaring Pips to be a fraud and scam. So what would a major bank do? Being unsure and not willing to investigate they took the safe and easy way out and closed the Pips account and simply declared that they believed Pips was a "boiler room operation" End of story.
So what are these people going to say next? That Bryan was responsible for supplying the email service and the pens and papers for these trouble makers to contact HSBC so that HSBC would shut down the Pips bank account?

Pippyman brings up a very good point. For all of the ones that are reading
the posts from the complainers it will serve all of us well to remember that
it was these types that intentionally and maliciously brought PIPS to where
it is now. Not Bryan.

I not have a clear ideea why for Lotto Bryan are using payment processors which he wouldn't even consider using for PIPS. I remember members were begging him in the forum to look at different payment processors and he ignored all of them.

Originally Posted by way2go

I not have a clear ideea why for Lotto Bryan are using payment processors which he wouldn't even consider using for PIPS. I remember members were begging him in the forum to look at different payment processors and he ignored all of them.

Yes, you are right. However, hindsight is 20/20; in addition, PicPay is tied up in the BN investigation so it isn't an option (at present). Bryan is a smart man; I'm sure he learned a lot from the setbacks that have occurred and will make any changes he thinks are necessary to prevent them on subsequent ventures up to, and including, alternate payment processors.

Everwiser, This name of yours is not just a 'nom de plume'. It is so accurate.You are ever wiser.I agree with what you say and how you say it !00%. It's the simple truth of the situation. Although I have posted 5 or 6 times, I think, in reality I'm one of 'the silent majority most of whom I suspect recognise what you say as the truth of the matter. I'm sorry for those who have found themselves in a difficult situation but you know Pips was and still is in its infancy.One should never put all of their eggs in one basket. I'm covinced Pips is coming back and sometime this year, so cheer up. Your day will come.

It would seem that you are plenty wise yourself, Jaytee. Here's to a great year!