I am sorry as yes here one gets in profit every month.

also dear cvkint, no body can prove that all these online investment opportunities are legal. what i still do not understand that we all know we are investing HYIP sites with High Risks so why to convince anyone about the legality.

Be it, MMG, TG, and anyother forum, almost everywhere we can find these opps.

what i know is that every member is making profit here every month except last months joining members. I am sure that P2P is here for a long haul.

those who are missing it will join later or are missing a very good opporunity here.

I wish you the best of luck.. I'll be here on and off as always and I guess we will have to wait and see who is right about the long term prospects of this program.

BTW, just because you don't care if something is legal does not mean everyone shares that same point of view.

I do not care of its legality. I am making my living with all these HYIPs. As they are of high risk natures, i play them as a game and only invest what i can afford to lose.

It does not matter at all what your kind of people think about all these opportunities. There will always be many many people who are earning with these.

I still cannot understand what you are doing at this forum. We have AS and HYIP sites all around here.

and after losing my earnings in Diamond Cash Club and Nuorbit, it is really better to put money in HYIP industry.

PS: Why you and all others who are bad mouthing this one do not visit other good going opportunities like 14dailyhits, psttraffic, Vlane etc. could you tell me why only this one.
is not it Amazing.

I don't understand the logic presented here. On the one hand a desire for stability and long term growth is very much desired. On the other hand being legal is of no concern. Doesn't being illegal add to the UNstability of a plan. (This is NOT a comment about the stability if P2P.)

Could you tell me any single Legal opportunity in this field.

This program is 100% legal, it doesn't matter what people saying !!!

Great Post. thanks.

Not according to governing bodies of investment firms where Nick lives its not. If you were so spineless you'd pick up a phone and find out... please show ONE iota of proof that it's legal.. not "nick said" but proof.. show his investment license.. or post his lawyers name so we can confirm with him under what exemption he is claiming its legality






You're wasting your breath.... the sheep only care about what works for them today... your post whether directed to P2P or any other program makes perfect sense.. hence the sheep won't "get it"



Well that pretty much sums up the core belief system of a HYIP player I guess.. oh well nuff said.

All I can say is "This program is working."
I don't need to know anything else.

That's my one comment, so I don't need to say it again.

Great.. glad to hear both you are getting paid and that you don't care about breaking the law.. another upstanding citizen... goodness they're everywhere

Go stick your head back in the sand now

Oh My Gosh! cvkint just give up all this pain and suffering to yourself and just come on over and Invest
with P2P!!! And let go of your stress and RELAX!!!

Could you answer me this question.
Why you and all others who are bad mouthing this one do not visit other good going opportunities like 14dailyhits, psttraffic, Vlane etc. could you tell me why only this one.
is not it Amazing.

Could you make your fonts a little bigger, people in the next country couldn't quite see them..

Please if you don't mind could you answer me a simple question? Why is that cheerleaders like yourself, seem to think that anybody that disagrees with your point of view on any given subject have some issue? I am not in any pain, I am not suffering in anyway and I don't invest in illegal companies... I have no stress, all of my replies have been very calm, reasoned and I have supplied proof for each and every point of fact I have provided..

So if it's not too much to ask, can you enlighten me as to why people such as yourself feel the need to divert attention away from the subject at hand to totally unrelated issues, always ending with some nonsensical notion that somehow breaking the law is going to make me feel better?

Thanks...






This has been asked and answered a million times, please go read. I could ask you the same questions in regards to why you chose some programs and not others.. so remove YOURSELF from the answer and put in me and poof you'll have your answer... ok kids time for bed..so have fun telling everyone how awesome you all are hahaha... very very amusing.. and sad all at the same time...

Stupidity doesn't make no wealth !!!

If you're making your living with these HYIPs, then you're not playing them as a game. Either way, you should be concerned about the legality because otherwise the risk to your funds is increased greatly.



And there will always be more who lose. That's the nature of the game. None of these guys have a magic money machine. It's a net-zero-sum game where the returns to the "investors" overall will always be less than the take.



So what makes you think this one will be any different than the others, if not for you then for others who will lose for your benefit this time?



So it's OK to bad mouth the others, just not the one that you're in huh? ; ) lol

So if this is just anouther HYIP then why is it in this section of the thread -->> Investment Programs (Non HYIP) << ------- ?????

If I correctly understood your rules cvkint are "Skip it" if there is a Referral program?
Many well-known companies all over the world to attract new customers etc. uses referral program. Even Tele2 - Europe's leading alternative telecom operator has used a referral system. And I can tell you I got a nice profit using their referral program and my return was greater than any bank could offer.

Sad to see that this dispute continues here..

When does "managing" an investment club, become "selling" securities? Nick has clearly stated that he is "managing" the P-2-P venture as an investment club. He is not promoting the club. The members are.

Virgee2008

so do many banks as in bank of america and my comcast cable company and my phone company and list gos on and on.

First, thank you for not slamming my other post of questions, though I did not get the answers I was hoping for. I have one question to ask at this time, and it is directed toward everyone who has called or otherwise contacted the OSC or SEC. What exactly did you ask them and what exactly did they tell you?

What I am getting at here is, if the wrong questions were asked, it stands to reason that a correct answer may indeed be incorrect for the real situation. I posted a list of definitions of who would be required to register to sell securities. I have since looked up who is exempt. It is a much longer list. I do think that right now, it is not a question of are they registered. It is more a question of do they need to be.

And no, I'm not asking anyone to call and do my leg work for me. I am only asking those that have already called, or otherwise contacted them, what they asked, and what the answer was. Simple, really. Thanks in advance for your replies.

l\/l

Hi cvkint. Here's an idea. How about you stay out of what other people are doing and worry about your own business. If you are not in the program, why are you even worried about it and wasting your life " if you have one" making posts. I mean c'mon. You got over 1000 posts in a forum that contains 90%+ of programs that are scams LOL. That right there takes away your creditbility on anything you have to say about whats legal or not. Just leave these people alone and mind your own business. LOL, 1000+ posts? Ya killin me over here dude LMAO. Either you have no life or you are the most caring person on the face of the Earth to look after us. Im pretty sure they appreciate it but I think the majority of people on here are adults.

I just came to this thread after not being here a long time

Your post is to the point.. is the person still posting here saying ( I do not really care where you invest your money ) ? That is what I remember reading most from this person lol. Right after saying that he would make another post about warnings etc... It seems to me that many of the people making the warning posts have an agenda and are a part of the 90% scams that you mention in your post. Thinking back, there are no programs operating that i started investing with years ago, so to have a legit long term program show up does not fit in their agenda at all. The fly by night investment programs are a thing of the past for me, so even if these people try and dissuade me from participating here with p-2-p and hope that I will fall back and join the.... set up to scam hyip programs... it will not work.

MMG did not open this topic in the non-hyip section, it was rddirect who is the admin of the program. He is the person who started the thread and chose this location, so of course he is going to place it as a non-hyip if he perceives it gives the program more creditability. I'm not sure what "post" you are referring to that implies MMG believes such a statement.

So now you are blaming MMG for misleading members? MMG does not support or endorse any programs and/or opportunities discussed here, & we do not give investment advice. We also do not research the opportunities discussed here. We are a forum and we simply provide a place for discussion.

When you joined MMG, you agreed to our TERMS of SERVICE. I think you need to go back and read those again, here is just a small portion of what you are totally missing the boat on:If you no longer agree to our Terms of Service, please let us know and we can terminate your account.

Why are you throwing V-lane into the mix?

V-lane was willing to privately disclose its investments to its participants and prove they are not your typical "New-age" ponzi.

Nick hasn't proven a thing; only made excuses. And for a more complete answer, people are worried about this program because of the recent, sour investigation. If the same is carried out for 14DH, PST, or VL, it may be a very different story.


But for now...Apples and oranges...

And ultimately what you choose to believe is up to you.


- Ryz

I agree with Brittney. If you are not in the program, then "mind your own business"
I've already taken out 4 times what I originally spent, and am very happy with Nick and his staff. There have been some payout delays, but blizzards, etc are most excusable. The staff is great and they work hard to keep all of the members informed.

By the way - what "sour" investigation are you referring to?

Virgee2008

All I've got to say is:

Congrats MoneyTree!! WTG!! Gotta Love those payouts... woohoo!!!

First i am not comparing P2P with Vlane here. I was telling him why he is only intersted in this thread and not in other threads.

Also for you, could you tell me as Vlane is fully legal and registered.



Could you tell me how this is possible. Here everyone gets in profit in a single month. Can you prove this. If something ever happnes to this then only last months members will be in loss.

I am following the HYIP rules:

put what you afford to lose,
recoup your principa ASAP.
never break the second rule.

I do not about others but i am doing good with all these.

and here i am not bad mouthing others, just was curious as why some are bad mouthing this one only and not others good paying opportunities.

Sorry the rules were in regards to dealing with ONLINE companies with NO know or tangible product.. in other words you are paid for other people to pay money... when there is a product involved that is obviously a whole different ballgame.. my mistake should have made that more clear.



Sorry I thought this was answered, I can only speak for myself but in my case I did NOT ask them anything I pointed them to Nicks site and said well, what do you think? The OSC said he MUST have a license he is offering a "security" product under Canadian law to the public.

The site is available to the general public, he is offering referrals fees, there is NO product for sale and he offers a fixed rate of return under Canadian law that is a security.. which must be registered before it can be sold to Canadian citizens... it doesn't matter what Nick says he is doing managing a retirement club? sheesh....it matters what the OSC sees what he is doing based on the current laws.

hope that answers your question this time.



The money is going to Nick he is recieving funds for the purpose of making a monetary return with no tangible product.. .sorry it's a "security" under Canadian law.. I don't make the laws.. take it up with the OSC.. so if Nick said he was juggling fish would that make it legal to take money in as well? It's not what you call something it's what you do.

BTW investment clubs in Canada can have no more than 100 members and they must all have submitted KYC docs and they must all be equally involved in the choice of the investments the club makes... look it up.. P2P is NOT an investment club under canadian law



Thanks for your insightful and on topic comments... they were great... btw 1000 posts over 14 months works out to two posts a day.. gosh how do I ever manage to have a life... please Brit save me hahahaha.. thanks for your concerns but here's a better idea if nick and p2p is so legit and so wonderful and so legal why do you even bother to come here???? yeah.. thought so

Ok that should be enough for my rebuttals today.. keep it up guys it's very funny watching how from one post to the next you change your mind on what Nick does, what P2P is and who or what is legal in Canada.... so umm where's that legal brief from Nick's lawyers showing he is exempt from registration?

Congrats* Tree, Lets get back on track dancing* all the way to the bank

I sure can, and the answer is "No, it's not." I give you credit for that one; but understand that my feelings are probably far different from cvkint and others.

Whether it's officially "legal and registered" doesn't even slightly concern me as much as the method for determining payouts and interest. My concern is the investment model itself- e.g. returns from real investments or ponzi? I'm more of a supporter for "freedom to gamble," but when red flags start screaming, I think it's more than fair to take a deeper look and consider both sides. When you don't carefully examine both sides, you can really get hurt.

Suffice to say, I won't be investing in this one. The danger signs are evident, and it seems far too risky at this time.

However, I do appreciate those who were willing to explain the program and the payout system to me.

Best of wishes.


- Ryz

Edit: hijack

So what do you think wheter its real or ponzi.

Could you prove here that this is a ponzi.

my sentiments echo some of yours .. Ryz

If I weren't already in this one..I would be wary of the flags--but I am in--it's moot at this juncture--and I have my original.

freedom to gamble?

Couldn't have said it any better.

At least this one pays...so far and so good.

I'm now riding it and milking it.

PSX--where I was considered a major "troll" and "naysayer" never paid me a single cent as promised or projected!

Gotta love it!! Congrats Tree!

And here we go with another one...

PAID and it was for my 2/24 request.

( Ohh, BTW cvkint...I know what I am doing. Eyes wide open before and after joining this beauty. Don´t worry, be happy )

First of all cvkint, why are you wasting your time here ? What is your intention ?

Second, why are you posting totally crap here ? Can you please make a sentence without the OSC ?

I'm gonna say you something, this program is 100% legal !!!
Nick's company 'P-2-P Network' is registered in an offshore jurisdiction.

So please don't come with the old stuff like ''Nick is not registered with the OSC, under Canadian Law he has to... ''

This is ridiculous !!!

I agree with some of your statements---I think we have all staked out our territories and given our reasoned opinions. Some of us do have core programs we are involved in and probably need to spend more time making sure they remain successful. Would hate for our efforts in our own programs to be diluted by arguing in here about a program we are not even in. My only concern was in light of the CEP lawsuits---I just think those of you in P2P who are in profit need to really cover your tracks. Lawyers are very expensive ...Good luck to all....

Hello,
Just some information and for the record I am not saying if P2P is legal or illegal. I work for a woman who has a securities license. I asked her to take a look at this. She told me it doesn't matter where the company is registered. What matters is where the client is. In other words, I live in the USA, if I want accept clients from Canada, say Toronto, I need to follow the local jurisdiction. Same thing if I live in New York and my client lives in California, I need to make sure I meet his states laws.

That being said, simply research yourself what the laws are. I know that my client, the lady with the SEC license, has clients in other states, she has to add that state to her license. She said it's a simple thing, sorta like filing for it.

With that being said, I found this: http://www.sec.gov/divisions/investment/invcoreg121504.htm

On a personal note, I did my DD on P2P and chose not to get involved at this time. I am still watching the program to see the new stuff as added by Nick.

I wish you all well and I really hope no one will lose any money here.

Yoda
MMG Promoter

We all r grownup, we all know the nature of this industry, we all have seen all the ups and mostly down of this industry.

so y to post negativety if u cannot afford to take a risk, this business is not for u.

we all know this will also die one day, may be next month of may be next year its only a matter time.

whenever i promote such sites, i alway write in my email:-
Important Things to Remember:-
*Always Diversify your Investments,
*Don't Put all your eggs in one basket,
*Never put your grocery or education money in any Online Earning Programmes. Always play with what you can afford to loose.
*Nothing is permanent in this world all good things as well will come to an end one day, therefore always withdraw your principle amount as early as possible and play with profit amount and grow from there and diversify.

In the past we have seen bcous of negativety from member many good site r also gone down. If a admin is paying support him, if u cannot don't join / invest, simply.

I don't think anybody cares about the legality, i m in this industry for the last 5 year, i have not seen a single site which is registered OR shows there members real proof of what they do with the members money,

it never hurts to discuss.

The point that P2P is riddled with a number of red flags and may in all probability be a ponzi has been hammered in to the point that those who spent either become very protective and defensive..or they tend to despise the messenger or the source of the "attacks".

It's been said that we are all big boys and girls here--to be sure, some wiser than others...(?)

To "protect" the newbs or trumpet the inherent dangers of any particular program could emanate from noble intentions or darker motives--it really doesn't matter.

Legalities aside..and any moral or ethical sermonizing notwithstanding,

People have spent ..they're in the program.



Educating the unsuspecting can only go so far but may also be excused as justifiable because at least a case for the other side is presented.

Part of the reality is that many will refuse to listen..even to the voices of reason.

Human nature dictates that we prefer to travel the road we're on and suffer any consequences come what may--later.



This is the arena we're in that many of us love and hate.

I totally agree that it never hurts to discuss BUT, enough is enough!

cvkint has made his point post after post after post... we all can READ! His posts any more now sounds like he is foaming at the mouth!! Enough already!!! Since he is NOT a member of this program then he is just trolling in here (MMG rules)

Please enough already!!!

I agree, AO, but it seems the powers that be, don't, so I don't care anymore!

Live and let live!!!! We are all free to think and do what we want!

all!!!!

Congrats IVM!!!

Oh btw, I just love what you did for your husband... that is so cool!

Keep dreaming my dear... it never hurts!

love your....do what makes you happy attitude!

Thanks hon. He is really thrilled and so glad with it.

WA HOO! I got paid again today. Fifth withdrawal and I still have plenty left working for me.
Sure is better than the 9 to 5 that I was stuck in for years. I have taken out more here in the last couple of months than I earned in 6 months working in an office.

I hope that Nick can keep up the good work. He is a blessing to all of the members. He is a caring, thoughtful person who is sharing the wealth, so to speak.

If you are not in P-2-P then don't knock it!. If you are in P-2-P - then relax and enjoy the blessings you are receiving as long as they last.

Enuff said!

Virgee2008

Copied from site:

partial copy 1

Securities Exchange act of 1934

Wth this Act, Congress created the Securities and Exchange Commission.
The Act empowers the SEC with broad authority over all aspect of the securities industry. This includes the power to register, regulate, and oversee brokerage firms, transfer agents, and clearing agencies as well as the nation's securities self regulatory organizations (SRO's). The various stock exchanges, such as the New York Stock Exchange, and American Stock Enchange are SROs. The National Association of Securities Dealers, which operates the NASDAQ system, is also an SRO.

The act also identifies and prohibits certain types of conduct in the markets and provides the Commission with disciplinary powers over regulated entities and persons accociated with them.

The Act also empowers the SEC to require periodic reporting of information by companies with puplicly traded securities.


http://sec.gov/about/laws.shtml


partial copy 2
----------------------------------------------------------------------------------------------------------
Not all offerings of securities must be registered with the commission. Some exemptions from the registration requirement include:


* private offerings to a limited number of persons or institutions;

*offerings of limited size;

* intrastate offerings; and

* securities of municipal, state and federal goverments.

By exempting many small offerings from the registration process, the SEC seeks to foster capital formation by lowering the cost of offering securities to the public.

http://www.sec.gov/about/laws.shtml

-----------------------------------------------------------------------------------------------------------


Just an opinion here but I do believe Nick stated that he did not fall under these due to the fact that he did not trade on the Stock exchange, Forex, etc.

These are considered private offerings based on His own earnings from his shares as a major stockholder in 8 Casino's.

I also read the stuff at the OSC and found it stated Publicly traded stock, mutual funds etc were what they required registration for.

In this case wouldn't Nick be exempt?

In this place, there are only two things to talk

1. got paid, happy
2. SCAM.. SCAM...SCAM... SCAMMMMMMMM

got it, only that, very simple!

If you have not spent and you're doing your "DD", you have seen the red flags.

So, "buyer beware" should've sunk in by now.

Again, when in doubt ...DON'T!

Why the continued need for assurance?( and handholding?) from those doing their "DD"?

If you're not doing "DD", but just want to get your point across that it's a scam and that the ignorant and uneducated should know(in a continuing fyi basis) as counter-balance vs. P2P supporters with their ref ids in their sigs..then you're certainly free to do so..but it does get old.



But is it really that important to belabor the point--and prove beyond a shadow of a doubt that P2P is a scam as "evidenced" by warning signs and red flags?

Either take the gamble and play it like any other hyip..

Or don't --don't take the gamble and play it like any other hyip.

Don't.

Don't spend and keep your money.




It's been said(confirmed?) that the Mounties will be coming soon to close Nick's operations--shouldn't that be warning enough for those doing their "DD" to stay away?




Those in or contemplating coming in--have the "freedom to gamble" if and when they want or choose to--whether they believe Nick is the real deal or not.

That said,

There are those in this arena who genuinely care that the bleeding stops and that we all don't support the ponzis and scams..but they can do only so much.

There are those who genuinely don't want to see a repeat of CEP or any other number of failed progs--and they should be lauded.

I might take a wild guess that most of them are against referral hounds--and who hold the view that referral-based progs are almost all ponzis.

And they see the ref feature as just an instrument of perpetuating what they consider a ponzi.

And that gives them liberty to "attack"

jmo.

Anyway, carry on..