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  1. #1
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    Default Lack Of PIPS Communications

    After reading this tread and others, I've come away with one underlaying theme here or lack thereof. That is communications from top to bottom has been a total failure. It's easy to see why people are angry and upset and idle mind is the devils workshop. In order to elimnate that we must commuicate at all levels. Sometimes the truth hurts but its still the truth. Information is the corner stone of any business no matter how small are large. Empires were conquered and civilizations destoryed for lack of infomation.

    You have PIPS members who really over extended and are now in various financial troubles due to numerous factors. Its easy to see why they are upset and angry a misstake was made on there part. You can say it was common knowledge that this was a high risk venture. This still does not remove the responsible from PIPS in the handling of funds, investments and payments on a timely manner to members. Problems became apparent early on so why wasn't the issues addressed? If mangers where at fault why weren't they fired if there was fraud why weren't they jailed of course thru the normal due process of justices and the law.

    What has happen to the program in my view could have been avoided, please understand this is just my opinion.

    PIPS, provide a platform where everyone would have come out a winner, here again is another problem, we are well aware there are forces out there who will go to any lengths to keep the common person down in the trenches.

    I'm well aware this may offend some, but this is communications. Even now I feel there is information that could be passed on to members you cannot and should not deprive anyone of this simple courtesy.

    Thank You
    One Of The Silent Members

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  3. #2
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    ^^ It doesnt offend me. It says what I've been wanting to say. Now seems like everything is about Lotto and nothing about PIPS.

    Yes I agree that by putting money into PIPS I agree to the terms that PIPS is a high risk venture and all. Nonetheless, knowing that I was supposed to get the returns as promised back then, I made my decision based on what I saw I could achieve (I thought).

    I moved to another country thinking that I could start a new life here without much hassles. A sudden close down of PIPS has not only caused me lotsa hardships, but also my family back home who sometimes had to support me financially.

    The fact that I'm stuck financially in another country and yet can't go home. Do you know how it feels? Very depressed, indeed.

  4. #3
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    i know the feeling.

  5. #4
    Senior Investor everwiser's Avatar
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    Quote Originally Posted by vincekua
    Yes I agree that by putting money into PIPS I agree to the terms that PIPS is a high risk venture and all. Nonetheless, knowing that I was supposed to get the returns as promised back then, I made my decision based on what I saw I could achieve (I thought).
    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).
    Last edited by everwiser; 07-01-2006 at 01:48 PM.

  6. #5
    Senior Investor newlife's Avatar
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    Please read some other members good post

    Quote Originally Posted by spongebob
    Originally Posted by michaelr
    Don't think I am not frustrated for one minute! We all are! The issue is surely whether any useful purpose is served by banging on about it?

    We can all read what is on the page. If that is all we can have for now then that is enough for me. Endlessly speculating and trying to read between the lines seems to be a particularly unproductive use of anyones time.

    Have a nice weekend everyone,

    Michael



    I concur Michael,

    It is amzing that some people will not understand what Bryan has already told us many times!
    Bryan has an attorney(s) on a retainer and and he/they have advised him not to comment on anything concerning pips/picpay... in order not to compromise the future of the program...

    Some people feel that by jumping up and down and shouting will force his hand!

    Bryan has promised that when this is over he will make a long post and reply to our questions...

    Now most members including myself are in a real bind and are desperate for some earnings...

    Why is it that some people will not understand that Bryan prefers to listen to his attorney rather then to their posturings in this forum.

    Why is it that we pioneers accept what Bryan is telling us...?

    Because we, the ones who have been with him since 2002 know him very well - and most of us have met him on more then one occasion - and trust him that when he SAYS he cannot talk about something, that he is unable to do so! When he says that he will do so at another time, he will do so... that he is as worried as us to get the investigation over with so that he can proceed with the real business of getting us our funds...

    It is so dissapointing to see a few members trying to force a reply that will not be forthcoming, out of Bryan...This basically is simply a tactic to try and scare newer members and is totally disrespective of Bryan...

    My 2%

    spongebob

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    Thank You newlife and everwiser!

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    Why do people keep quoting the "high risk" excuse. The risk was of a global meltdown or downturns in the economy, not the risk of mismanagement and fraud....This was supposed to be a legitimate company and we (mistakenly) assumed that it was well run. Whenever anyone dared to question that aspect, they were shot down. Now we are paying for not demanding a full explanation of what was going on behind closed doors.

    Avery

  9. #8
    Senior Investor everwiser's Avatar
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    Quote Originally Posted by avery
    Why do people keep quoting the "high risk" excuse. The risk was of a global meltdown or downturns in the economy, not the risk of mismanagement and fraud....This was supposed to be a legitimate company and we (mistakenly) assumed that it was well run. Whenever anyone dared to question that aspect, they were shot down. Now we are paying for not demanding a full explanation of what was going on behind closed doors.

    Avery
    Blah, blah, blah...It is a real company but even real companies have setbacks. Add to that exponential growth, the fact the company challenges the "status quo" of the banking industry, and the possibility there were people on the inside with their own private agendas, and you have a management nightmare for a team of CEO's let alone one man.

    Risk is risk; period. Any number of things contribute to it and any single major item can bring that risk to reality. Many people on here believe that by saying they were "promised" or "guaranteed" a profit on their "risk" enough times equals it being gospel that they would get rich. To put it in plain terms, "It just ain't so!"

    I've said it in other threads and I'm "risking" getting repetitive but everyone was instructed and agreed to not "risk" more than they could afford. It doesn't get any simpler than that. "Hope for the best, but plan for the worst." The "hope" was taking the chance for a great return. "Planning for the worst" was not risking too much (life, liberty, and/or happiness) on that chance.

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    Quote Originally Posted by avery
    This was supposed to be a legitimate company and we (mistakenly) assumed that it was well run. Whenever anyone dared to question that aspect, they were shot down. Now we are paying for not demanding a full explanation of what was going on behind closed doors.

    Avery

    Remember Enron? I thought that was supposed to be a legitimate company? It was registered with the SEC and the blessings of many in the current US administration and all the golden trappings......

  11. #10
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    Quote Originally Posted by everwiser
    Blah, blah, blah...It is a real company but even real companies have setbacks. Add to that exponential growth, the fact the company challenges the "status quo" of the banking industry, and the possibility there were people on the inside with their own private agendas, and you have a management nightmare for a team of CEO's let alone one man.

    Risk is risk; period. Any number of things contribute to it and any single major item can bring that risk to reality. Many people on here believe that by saying they were "promised" or "guaranteed" a profit on their "risk" enough times equals it being gospel that they would get rich. To put it in plain terms, "It just ain't so!"

    I've said it in other threads and I'm "risking" getting repetitive but everyone was instructed and agreed to not "risk" more than they could afford. It doesn't get any simpler than that. "Hope for the best, but plan for the worst." The "hope" was taking the chance for a great return. "Planning for the worst" was not risking too much (life, liberty, and/or happiness) on that chance.
    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?

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