Originally Posted by the_truth
In the investment circles, your model or approach will be well accepted in the philanthropist world. An investment like PIPS that paid the investors less than 10 months and has been in default for nearly 18 months must clearly be defined as fiasco!
Talking about communications! I must admit that the PIPS management certainly did mismanaged this important issue of proper, solid and accurate communication. In my world, managing expections is key to investor relations and conducting a succesful business. Unfortunately, PIPS did not succeed here either.
I have been asking myself one key question?...what did PIPS do right in terms of meeting professional investor expectations? To me, the answer is NOTHING!
I have no comment to your pleads re. asking Bryan not to respond or communicate to the PIPS MEMBERSHIP.
1. Most likely, he is unable to give a proper answer under the current circumstances. This situation may still take another year or two before we know the final truth of what went wrong, and who are responsible for all the losses.
2. Most likely, PIPS is a dead saga. It still amazes me to read all the wishes, dreams and strong convictions that PIPS will be back.
3. Most likely, all the money is gone,.....and what do you think happened to all the "socalled" money that were supposed to be in our picpay accounts?
Most likely, they never existed, and most likely they will never show up on your bank account either.
I am sure that your mom is a wonderful mom, but she probably did not mean that you should be patient when it comes to professional money investments. Unfortunately her business model does not work in such environments!
the truth