This is an important update that you should consider reading thoroughly.

First let us start with that we have one good and bad news.

The bad news is that we cannot continue operations like this due to a rapid cash
flow decrease. Please understand that this is the nature of this high-risk
business and promises are not provided. This is explicitly stated in our Terms and
Conditions and Disclaimer. From today we will cease immediately all sign ups
and purchases of Ad Units, being from Payment Processor of Account
Balance. Cash outs are still allowed. We will continue paying with different
payment terms that will take longer. You will learn more about the new payment
terms. We will continue paying 2% on your positions until they reach 150% of
its value.

The good news is that the funds used for paying out our members will come from
very promising projects we were informed about. Supporting those
coming passive earning programs under our referral link will be the solution to
getting your payments without any delays. The programs are still not available to
the public but you will hear about them from us. We will put up a support
page soon for the programs that will be generating revenues for us to pay our
members.

That is for now. We apologies for the inconvenience but things like can happen in
this arena and it is absolutely inevitable to avoid. We will do the best in our
abilities to cover up any substantial losses of our members.

Kind Regards,
Bi-24 Administration

You read the update?

This post has been edited by Ingrid1234: Oct 28 2011, 12:08 PM

trying to understand this ; so we cant repurchase from bal but we can directly from ap or stp and they wont take new sign ups

New Deposits are Disallowed : when you click on purchase you see

Read the update, hope a solution can be found.
Good luck to everyone.

Just the read the part about signing up in the new program under the company... Good deal, huh?
What if I already have a sponsor there?
Should I just leave him and sign under Bi-24?

I didn't really get this part

Is he proposing to sign up under him?

I already got a sponsor as well!

Thank you

I'm blaming Alertpay. Cashflow cant come through if payment processor isn't working!

nah.. just that native common way of behaviour... kinda wicked hey

Sad to see that once again it shows that something like; script errors combined with poor support from members (meaning screaming where is my money etcetera) probably has had a big part in why there is a cashflow problem here...

@stros and fedzy - no particular program was mentioned, so how do you know that you already have a sponsor

Ivan doesn't have a very good track record with his programs. I think he had 1 or 2 programs that failed quickly in the past year. Bi-24 lasted less than 3 months. Again the smaller investor is hurt. For admin, bigger investors & ref collectors...it hardly matters to them...they have made their money.
But that is the nature of high-risk programs!

This post has been edited by happyrhino: Oct 28 2011, 02:33 PM

he did mention that we will continue to earn till 150% on pos also we can cash out think this is better deal then giving out refund sometimes refund dived among member hardley wind with much with this we fully earn on our pos . im curious to see how this will all work out i think this is really good deal for us . once your all pos expire you no longer part of bi . wat do you think mordk is this better then getting refund do you agree ???

I was just asking but being sarcastic, you know we have a downline and a list of followers that trust us in joining program to program so in my opinion is not nice he telling those people to sign up under him instead of their actual sponsor.

Yes Ivan is very fair to members when closing a program. I appreciate it!