Hello,
I have a question, Bryan told us that the money in pips will not be lost.
But what about the money in picpay, just waiting in picpay AND the pending withdrawal ?
Regards
Tony
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Hello,
I have a question, Bryan told us that the money in pips will not be lost.
But what about the money in picpay, just waiting in picpay AND the pending withdrawal ?
Regards
Tony
We all have to wait until the investigation is over.No one can predict exactly how Bryans new restructuring plans will work exactly,so hang on a while longer :wink: :waiting:
If there arent funds to cover our picpay withdrawals i suspect that criminal charges will be brought against certain individuals.
Who will brought charges to a certain individuals? Please specify the individuals for the court will not accept names as "John Doe" and I believe if picpay has ZERO balance, the case will be called "Force Majoure" (excuse my spelling).In local language it means " Charge to experience" he...he...he...he
Quote:
Originally Posted by OICU812
Picpay funds are our funds not Pips, if that money is not there or insufficient to cover wthdrawals then the principal owners of Pips are still liable. Im assuming that the investigation will reveal all of this.Quote:
Originally Posted by jbc63
Quote:
Originally Posted by Dreamer
Do we have any choice, hehe....... :wink: :waiting:
What about the money in PIPS available funds? Isn't it our money too?Quote:
Originally Posted by OICU812
As far as I'm concerned I'm OK with losing my pending withdraw funds and losing my picpay funds as long as my ROL has been running at 2% all this time and Bryan comes up with a NEW withdraw system that actually works.
If the system does recover and there is a system capable of handling our withdraws life would be good.
I wish Bryan would comment on his new withdraw system versus his Lotto system. I feel 99% of the PIPS members are anxiously waiting to withdraw funds once PIPS is back active. If were active but don't have a withdraw system that actually works were all screwed again!!
Think for a minute or two (or as long as you need to think about this):- If you were Bryan, you were not supposed to say anything for the serious sake in this case - all this questions would be very very tormenting on you - would it not be?
Look: Bryan is a part in this case - would it be correct of him to go out to the media? - And in the real world; ROL CLUB is the media -!
I think for myself; No - any word he may say - as long as the case is not closed - would be incorrect to do.
We can put it in this simple perspektive or angel; "Be happy Bryan havent told us so much, because it would benefit those that want to offer some kind of support that protect PIPS. And if there should be some bright spot in this angel, Bryan have told us what we need to know - and what he can say.
I know - that is one way to put it - it may be simple and naive.
But I ask: do we have any choice?
Hey - I do not know - I am just thinking - and that works for me!
Why would you lose your money? Again, if the BN is investigating BM/PIPS that is one thing. If they find nothing and several posts have said they are finished (whatever that means) it doesn't give them the right to abscond the money. They can't do that and then turn to BM and say, " ok you can go we found nothing" and they can't take the money and say "ok you did wrong and we will fine you for the infractions and just take it out of the people's accounts". They can't do that either. Your money and everyone elses money/account should remain intact. They could fine BM but that comes out of some general fund or insurance policy that he should have but not from our accounts. :ro_emote:
I posted this reply in one of BM's posts a while ago. I would like to get an answer and no doubt so would a lot of other members.
************************************************** ********
Does Pips/Picpay have the cash, money, funds on hand to at least pay the Pending Withdrawals in Picpay, or at least a good percentge of each one????
I recall, that in an old Pips forum posting titled, "Where does the money come from", it is stated that PIPS has 700 million dollars in Unencumbered Assettes, is this correct?
Love a good genuine answer from BM.
Faithfully looking forward to the return of PIPS/Picpay and getting some cash to get me and no doubt a lot of others out of financial disaster.
G.
I'm not sure how is the law and banking system organized in Asia or certain Asian countries ,but would imagine not the same as in western world ,meening corupt politicians , bankers and system all together.So I wouldn't be supriesd if their investigation goes wrong way. Hope not !!! as I invested my savings in this program. Would like to get some feed back if anyone knows about how fair is their law and overall society.
Good luck to all of us.
Bryan did say we wouldn't be starting from scratch, you know?
Bryan also said a year ago there was light at the end of the tunnel.
We have been misled before and I would not be surprised if this time we all lose everything in Pips and Pipcay.
The servers will be returned and if no charges follow they may well be damaged so as in everything else our loss will be someone else's fault.
How on earth BM can expect a great following into the HA Lotto is beyound me as the problems caused by investors losing so much in Pips is still unresolved and due to legalities or something else no information is available.
I am just being a realist so please do not flame me just look at the recent year long history of broken promises and blame being laid at other peoples door.
Fact speeks louder than promises.
This still doesn't clarify if we'll get our pending withdrawals. Not starting from scratch may be interpreted as we'll get free acounts in the restructured program - some as we got in Golden Womb.Quote:
Originally Posted by moncheri
Serious company have allways made backup in critical cases - so also PIPS!
Hmmm, let me see if I'm understanding you correctly. So are you saying that there are no corrupt politicians, corrupt bankers and corrupt financial industries within the western world?:nono:Quote:
Originally Posted by honda
Hope I'm reading this wrong but if I'm not, that's enough "Baloney" to make quite a few sandwiches.
Just a suggestion since you're unfamiliar with Malaysian law and how Bank Negara functions, this information can be found using any search engine on the internet. It's just that easy.
Bryan and PIPS are strong enough to stand on their own as is the Central Bank of Malaysia.
champ