Thread: Can't BNM at least tell us how much PIPS was worth?

Originally Posted by 1nfinity

All that money was used to pay off the pioneers!

And of course you have proof of this right? It's not just your own opinion right?

I would like to see the facts on this. How about those spreadsheets.

Originally Posted by 1nfinity

All that money was used to pay off the pioneers!

Good point, but as a so called pioneer, I can say without hesitation, not many opted for withdrawals that I knew of. Most of us were letting it roll, and many had built up a huge amount of units in their virtual accounts, so it will be interesting to see just how many dollars ever existed in total in PIPS. Only one person evidently knows, for everything was in his head, so we may never know. (g) Sure does make it interesting waiting to learn the truth.

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Good point, but as a so called pioneer, I can say without hesitation, not many opted for withdrawals that I knew of. Most of us were letting it roll, and many had built up a huge amount of units in their virtual accounts, so it will be interesting to see just how many dollars ever existed in total in PIPS. Only one person evidently knows, for everything was in his head, so we may never know. (g) Sure does make it interesting waiting to learn the truth.

Good luck to all, Mike

Mike!

...I totally agree with your assessments!

but I am not sure if we will ever be told the full truth. I doubt that BN will get a full insight of what really happened, even if the servers are in the possession of the bank. Significant incoming funds were not properly registered or even showed up in the PIPS accounting system.
Early 2005 I was approached by PIPS backoffice, and they told me that they could not track my initial USD 30 000.00 investment into PIPS and they asked if I could assist them to trace the investment.

the truth

Originally Posted by 1nfinity

All that money was used to pay off the pioneers!

And all blacks are criminals and murdurers.
Thinking about how your words stigmatise those pioneers and divide pipsters between supposed 'have's' and 'have not's'... while it's based on nothing but assumptions... please be more careful & responsible with your wordings.
Thank you,
Hasse

I am a Pips member and I have been contacted by a company in the UK who is investigating transactions made through a company called Spybill and EC Trust. These company were used for my transder of monies to Pips (Mr. Marsden) I do not know what it is all about. They wanted to know if I received the products I paid for. I told them no my investment has gone thanks to Mr. Marsden. By the way as Mr. Marsden explained where all the money is? Maybe Pips never really existed in the first place.

I have been in touch with the High Commission of Malaysia here in Canada who have given me the name of two investigators with the Bank Negara as they cannot seem to get any answers from the Bank themselves. If the High Commission of Malaysia in Canada cannot find out anything then best of luck to everyone.

Thank you for your speculation. It is duly noted and is definitely "old news". Maybe the next time you can be more original with your criticisms...EW

craigrabbit,
I know it requires quite some effort... but I suggest to take some time to browse through this forum and read along. I hope you'll see that reality is a bit more complex than 'my investment has gone thanks to Mr. Marsden' and at this point it's still too early to say 'maybe pips never really existed in the first place'.
There won't any definitieve answer (if ever) before the results of the BNM investigation are made public (and even then...).
Take care,
Hasse

Originally Posted by craigrabit

Maybe Pips never really existed in the first place.

What has changed? You certainly believed enough to join. If you don't believe in it now, then the question is why are you here? Yes, we already know

1. BNM isn't giving any answer
2. BM isn't going to post unless there is SOMETHING to tell
3. All pipsters, cheerleaders, kool-aid drinking sheep and fence sitters are still waiting patiently
4. The investigation is still no end in sight.

So, best of luck to us? Thanks very much. Hope you pop in once in the while and check for news.

theBat$

Last January someone posted on a forum that picpay was worth 16 Billion which translates to about 700 tons of gold (backed by gold remember). At 2% a day for a conservative 20 days a month for 17 months makes picpay worth over 500,000 tons of gold. Which means there is absolutely no problem with getting payed out.

Except perhaps there is only half that amount known to be on the planet.....

Originally Posted by pluggy

Last January someone posted on a forum that picpay was worth 16 Billion which translates to about 700 tons of gold (backed by gold remember). At 2% a day for a conservative 20 days a month for 17 months makes picpay worth over 500,000 tons of gold. Which means there is absolutely no problem with getting payed out.

Except perhaps there is only half that amount known to be on the planet.....

wow.... you are obviously verrry intelligent!
Hey, as long as you're giving out information, I've always wanted to know.... exactly, why is the sky blue? .... and if an orange orange is called an orange.... why isn't a banana called a 'yellow'?
oh yeah and this one my five year old son asked me once.... do flies walk backwards?

just kinda curious about this stuff....

I hope everyone's having a fun day / evening / night / morning .... where ever you are! (look, it's a dancing yellow )

A banana can't be called a yellow, because it could be confused with a yellow lemon, yellow melon..........

The sky is blue because the atmosphere refracts the light from the sun towards the blue end of the spectrum................

Flies certainly take off backwards so they probably walk backwards too.

Its late evening here in the UK, goodnight. ;)