WHO Has DEEP Pockets For Legal Action

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15-02-2006, 06:30 AM
srair71

WHO Has DEEP Pockets For Legal Action

This issue of legal action is really a problem for me. I keep hearing taking legal action but yet no one has said how, this would happen. Please explain to me the process. I'm not trying to be diffcult here, but I come away each time with a sinking feeling. I wonder if anyone understands what would have to happen to even start the process. Let me once again give you a little insight. 1. You would need a Lawyer in this country who is a International Lawyer. 2. Once you have the lawyer in this country then he or she would establish communications with a lawyer in Malaysia who would be willing to take on the case. 3. Permission would have to be gain thru the Malaysia judicial system to enter into a suit against a resident or company of Malaysia.

Okay lets say all this is accomplished 6 months to a year would have already passed. Now you may ask where and what is the next step or steps. Another invesigation would have to take place by your lawyers in order to present there case. To reach this point your cost has reached $50,000.00 to $100,000.00 these are guesses could be more not less before you even get a court date.

Now lets just say its one year out from the time action was started all case work is complete and you have a court date. Theres motions and counter motions another 3 months to 6 months pass. Remember the lawyers are still on the clock and you are now for sake of conversation say its now 18 months from the time action was started. Monies have been spent now additional funds must come into play to keep the action going. I will stop at this point for the simple sake that nothing has been accomplished to get your money from PicPay or whatever it maybe. But your outlay has continued and will keep growing.
15-02-2006, 06:42 AM
nej

Before you worry yourself with this, why don't you wait for the investigation to finish?
15-02-2006, 07:05 AM
jimmyfid

please.
15-02-2006, 07:42 AM
thebat$

As I have pointed out, legal action at the last option. Please wait, observe then we will act decisively.
15-02-2006, 08:21 AM
bultn

Quote:

Originally Posted by srair71

To reach this point your cost has reached $50,000.00 to $100,000.00 these are guesses could be more not less before you even get a court date.

There is one zero missing in these figures. You can do absolutely nothing with $50-100000.
15-02-2006, 08:25 AM
treasurhunter1

I believe that srair71 was trying to very clearly explain the difficulties regarding taking legal action. I think he was demonstrating this in an effort to get people to start thinking about waiting rather than talking about taking legal action.

treasurhunter1
15-02-2006, 08:30 AM
bultn

Yes, that is what I think also.

Let me rephrase: Absolutely nothing can be done with $50-100K.
15-02-2006, 08:37 AM
Wacky

Quote:

Originally Posted by treasurhunter1

I believe that srair71 was trying to very clearly explain the difficulties regarding taking legal action. I think he was demonstrating this in an effort to get people to start thinking about waiting rather than talking about taking legal action.

treasurhunter1

Waiting is wiser:waiting: but we live in a society that teaches instant gratification :(

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15-02-2006, 08:45 AM
treasurhunter1

I couldn't agree more, Wacky. Carefully thought out plans, nursed patiently, generally achieve better results for all concerned. Further, to act on a situation without having a better understanding, i.e. more facts and information, will, in my opinion, lead to much bigger problems. I read the documentation from the GINS case and feel a bit more positive that PIPS should be okay. Give Bryan time.

Regards,
treasurhunter1
15-02-2006, 09:24 AM
Wacky

Looks like we're on the same wavelength.

I'm glad to see that others see it in the same way I do.

On of the best teachers I ever had the honour to have once told me: when there's a fire in a building most people don't die of burns or suffocation, but because they (or someothers) act out of panic.

It doesn't take a genius to figure that we're experiencing a parallel situation :sads:

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Just curious! Anyone interested in decent, FREE forex intro lessons? ~PM me~
I feel inspired to teach!
15-02-2006, 10:11 AM
gator

Tell me how long do you people plan to wait? 6 months, maybe 1 year or how about indiffently. Yea let just wait indiffently, because no has a time line of just how long the waiting period is going to be. For petes sake we've waited long enough.
15-02-2006, 10:16 AM
1177

action

Gator

If we are looking at two to five years of legal action what is a few
more months of waiting for the investigation to finish going to hurt?
We first must know what we are up against before hiring a lawyer
to sit around and wait (being paid by the way) for the investigation
to finish.
All will take its own time to unravel.
1177
15-02-2006, 10:32 AM
YogiBrood

I beg to differ on the patience MOST of you may bear to sustain...2 to 5 YEARS!??

Look at the growing edgy responses and demands and as we exchange this moment on the forum, others have called for representation by legal firms to act!

The reality is, the longer this is stretched out, not that we can help it nor BM himself, the sooner & larger the chaos in holding back will become whatever efforts there is to contain the amok put on claims when the fund is close to the point for grabs... the legal way of course.

I realise the smooth and comforting to encouraging advises heard thus far are all very well and needed, but no one in his right mind will try denying the greater flock, thats unheard, will go in for the claims first & foremost when that becomes apparent and accessible... that's a choice I am not pessimistic about, the majority will undertake....incl. the many cheerleaders and others whom I see no further need to make reference here anymore, will occur instead!

YB.
15-02-2006, 10:50 AM
ourhouse37

Quote:

Originally Posted by YogiBrood

I beg to differ on the patience MOST of you may bear to sustain...2 to 5 YEARS!??

Look at the growing edgy responses and demands and as we exchange this moment on the forum, others have called for representation by legal firms to act!

The reality is, the longer this is stretched out, not that we can help it nor BM himself, the sooner & larger the chaos in holding back will become whatever efforts there is to contain the amok put on claims when the fund is close to the point for grabs... the legal way of course.

I realise the smooth and comforting to encouraging advises heard thus far are all very well and needed, but no one in his right mind will try denying the greater flock, thats unheard, will go in for the claims first & foremost when that becomes apparent and accessible... that's a choice I am not pessimistic about, the majority will undertake....incl. the many cheerleaders and others whom I see no further need to make reference here anymore, will occur instead!

YB.

That is so poetic and densely phrased that I'm not sure I even understand what it is you're trying to say. Did you too survive the late 60's and 70's?
15-02-2006, 11:08 AM
nej

I've just properly read the title of the thread, and it seems the OP is actually stating that the World Health Organisation has deep pockets to fund the action ;-)
15-02-2006, 11:54 AM
srair71

$50,000.00 to $100,000.00 WAY LOW

You want real numbers how about this U.S. lawyer, $300,000.00 to $500,000.00, Mayalsia lawyer, $285,000.00 to $475,000.00 now these are just retainers. He or she is still not on the clock yet. Oh, what heck let me give a bottom line figure after all said and done $4,000,000.00 to $5,000,000.00 dollars and THESE FIGURES ARE STILL LOW. They are based on that everything flows like glass with no problems. But we all know thats not possible.

I'm well aware that the amounts in my first post were low I even stated that. The only thing I was trying to do is put the issue of legal action in a realm that everyone can relate to. I have found over the years that money and numbers will get the attention faster then anything else. It got your attention!!

Its still my contention if somewhere down the road, legal action is the only recourse who is going to pay? Talk and speculation is find but when the shoe leather meets the road who will pay?

My own personnel view is legal action is not the answer for many reasons. Lets say money is no problem and things start moving forward, how is Bryan, going to view that, one he may say to h-ll with it. two he says I really was trying to bring PIPS back in a restructed format but you refused to wait. again who is the loser we are plain and simple.
15-02-2006, 12:26 PM
Offshore-Wealth.com

Offshore-Wealth.com

Interesting,

Before anyone even thinks about legal action, we should first know where the money is, and we just don't know if there was or is any money anywhere. So how can you talk legal actions when there may be no money to persue? After all, does anyone care about anything more than the money we lost? What else would anyone sue for? If the money is not there, we know who is going away for a real long time, just look at the case against GINS which was a dead ringer of PIPS. Very interesting reading.

Good luck to all, Mike
15-02-2006, 12:37 PM
Dreamer

Quote:

Originally Posted by Offshore-Wealth.com

Interesting,

Before anyone even thinks about legal action, we should first know where the money is, and we just don't know if there was or is any money anywhere. So how can you talk legal actions when there may be no money to persue? After all, does anyone care about anything more than the money we lost? What else would anyone sue for? If the money is not there, we know who is going away for a real long time, just look at the case against GINS which was a dead ringer of PIPS. Very interesting reading.

Good luck to all, Mike

That sums it up Mike.No sense in putting up a lot of money, only to find out theres nothing in the coffers.

Let BNM publish thier results and act accordingly.
15-02-2006, 12:51 PM
Underroo

Absolutely...Why spend dollars if you are chasing after pennies? But then we have NO clue, just like Mike said, if/where the money really is..:waiting:waiting is all we can really do..we have plenty of practice so shouldn't be too difficult!:toofunny:
15-02-2006, 02:22 PM
Wacky

Quote:

Originally Posted by gator

Tell me how long do you people plan to wait? 6 months, maybe 1 year or how about indiffently. Yea let just wait indiffently, because no has a time line of just how long the waiting period is going to be. For petes sake we've waited long enough.

Ok, so we have waited for 6 months, & we don't want to wait another 6 months, or 1 year, or indefinitely.

So you're saying that you don't want to wait... cool! If we had a choice we'd all get our money back RIGHT NOW! No one is against having the money back.

I know this may frustrate many but let me ask a different question now!

What do you guys intend to do in order to stop the waiting?

Any answer to that is Nothing that barely makes sense!

Because this is the case YES!!!
I'd rather wait indefinitely, I am not greedy, I can accept the fact that I did a mistake by putting money in a system I have no direct control of... I'm paying the price of my ignorance & greed, I lost! Now I'll just move on.

When anyone here gets an idea THAT ACTUALLY MAKES SENSE about how to stop the waiting, then I will support it.

But until now all I am seeing is complete ignorance at work.

Sorry to be harsh, but I'm allergic to lack of common sense!

Wacky

-_-_-_-_-_-_-_-_-_-_-_-
Just curious! Anyone interested in decent, FREE forex intro lessons? ~PM me~
I feel inspired to teach!
15-02-2006, 02:36 PM
YogiBrood

Quote:

Originally Posted by Wacky

What do you guys intend to do in order to stop the waiting?

But until now all I am seeing is complete ignorance at work.

Sorry to be harsh, but I'm allergic to lack of common sense!

Wacky

May sound a little whacko here but "to DO"...?:banana:

Consider this, still DOING... as well as treating life and myself calmly by treating it as a Goodbye Gift.:party:

No diehard waiting over here... just monitoring how the rest bursts their wildest "wishful things" and for "crying out LOUD"...:party: and keeping...:thumbsup:

YB.
15-02-2006, 02:38 PM
Chester

I do know of a group in Canada that recently engaged the services of a large, international law firm. The intention was to attempt to obtain more information from BNM than is currently available. Mostly they wanted to establish the worth of all PIPS assets that have been frozen and to know what legal options may exists to secure payment for monies owed by PIPS and Picpay. I was approached by one of the group, someone I helped join PIPS way back but declined as I am convinced the legal approach in this sort of thing is futile. Anyway, I can tell you that the group spent close to $5,000 to get what is essentially the same result as Marek obtained in his recent call to BNM. Basically the group was informed by the law firm that it is currently impossible to proceed in the matter and recommended putting everything on hold until such time it becomes clear what one would be dealing with.
15-02-2006, 02:42 PM
Wacky

And that's what will happen again!

Anyone still believing that we'll get our money's worth, our time's worth or anything worth triving for?

Not in this way!

Wacky

-_-_-_-_-_-_-_-_-_-_-_-
Just curious! Anyone interested in decent, FREE forex intro lessons? ~PM me~
I feel inspired to teach!
15-02-2006, 03:13 PM
Hasse

Quote:

Originally Posted by Chester

I do know of a group in Canada that recently engaged the services of a large, international law firm. (...) Basically the group was informed by the law firm that it is currently impossible to proceed in the matter and recommended putting everything on hold until such time it becomes clear what one would be dealing with.

Chester, thanks for bringing this under our attention. I HOPE now that everybody also READS and UNDERSTANDS it. If some still want to continue, I start doubting whether it's just stubborness that drives them.

Wacky... nice post :)

YB... btw... people belonging to the action-favoured group you monitored are each day so visible, loud and clear for all that one must be blind not to be aware of them. So I really see no use in voicing there point of view (when you don't agree with them). It gives them only more volume and affirmation.

Then, I think it's much more helpful to think along with them on their 'logical pathway' like srair71 & C° so successfully did, here... Which apparently isn't such a satisfying road to follow after all...
Hoping that they'll also read and finally listen to the logic... rather than (more and more the essence of the story) the ever lasting irrational Iwant bird.
15-02-2006, 05:40 PM
webfoot

My cousin has 3 million dollors frozen in an offshore
account. They have been telling her that it won't be
long now, "You will get your money in a couple more
months (Be Patient)".
This has been going on for 5 years.
15-02-2006, 05:54 PM
punkita

It's worth to try different avenues to solve this issue:......

Deleted: Contents that you portrayed are undesirable and you know what the reference is all about. MOD - YB.

.....:waiting:waiting is all we can really do..we have plenty of practice so shouldn't be too difficult!
15-02-2006, 06:12 PM
rolbuddy

punkita,

You are SICK!
15-02-2006, 07:36 PM
shredder

Wow webfoot, not to get off track too much... but what did your cousin do to get 3 mil frozen, if I might ask?

/shred
15-02-2006, 08:56 PM
punkita

Huuuh!

I do beleive everyone is given equal opportunity to voice out their opinion here, no exception to me.

Please respect that and stop to voice out words that are uncalled for.

Quote:

Originally Posted by rolbuddy

punkita,

You are SICK!
15-02-2006, 10:48 PM
wt5

Who are you going to seek legal action against? BM or BNM! According to BM last post He does not have a pot to P in or a window to throw it out off.
You cant get something that is not there. We know how much THERE SHOULD BE. (BUT IS IT?) I just lost 10K in another program that was paying
every week. Then nothing, no contact or way to contact.
AT LEAST BM COMES IN HERE AND POST. Forget legal action and wait

Just my thoughts.

KEEP THE FAITH.
16-02-2006, 04:40 AM
rolbuddy

Quote:

Originally Posted by punkita

I do beleive everyone is given equal opportunity to voice out their opinion here, no exception to me.

Please respect that and stop to voice out words that are uncalled for.

I think the "opinion I voiced" about what I think of you was infinitely more respectful than the "opinion you voiced" in the first place.

That's the last I will say on this matter.
16-02-2006, 02:43 PM
jbc62

Legal Action

srair71,
you're right about the legal action but some of our collegues on this forum is soooo aggressive that the want the legal action be implemented immediately and the can only start or afford $100.00. Maybe this people wants us to help them by asking some monetary help.....maybe $100.00 each.And then after accumulating thousand or million of the help, they will start to cut and run of our money....Taking legal action is easy to say but problem arises along the way is unpredictable....

========

Quote:

Originally Posted by srair71

This issue of legal action is really a problem for me. I keep hearing taking legal action but yet no one has said how, this would happen. Please explain to me the process. I'm not trying to be diffcult here, but I come away each time with a sinking feeling. I wonder if anyone understands what would have to happen to even start the process. Let me once again give you a little insight. 1. You would need a Lawyer in this country who is a International Lawyer. 2. Once you have the lawyer in this country then he or she would establish communications with a lawyer in Malaysia who would be willing to take on the case. 3. Permission would have to be gain thru the Malaysia judicial system to enter into a suit against a resident or company of Malaysia.

Okay lets say all this is accomplished 6 months to a year would have already passed. Now you may ask where and what is the next step or steps. Another invesigation would have to take place by your lawyers in order to present there case. To reach this point your cost has reached $50,000.00 to $100,000.00 these are guesses could be more not less before you even get a court date.

Now lets just say its one year out from the time action was started all case work is complete and you have a court date. Theres motions and counter motions another 3 months to 6 months pass. Remember the lawyers are still on the clock and you are now for sake of conversation say its now 18 months from the time action was started. Monies have been spent now additional funds must come into play to keep the action going. I will stop at this point for the simple sake that nothing has been accomplished to get your money from PicPay or whatever it maybe. But your outlay has continued and will keep growing.
15-04-2006, 07:56 AM
baby

-

I found something to stop the waiting learning about forex that no one else will teach us let alone free like you, hopefully I can be put on the next course you are doing as I missed the first.