HUH?!

I doubt that the SEC or anyone defines "private offering" as something that has 3500 members running around recruiting. If the 3500 number is wrong then please forgive me I think that's the last number I heard.

Also, a securities license isn't just for stock exchange, forex etc..

I'm sorry that you aren't bright enough to follow. but where a company is registered does not matter when investments are involved where they are SELLING them does matter.

P2P is NOT legally allowed to promote and sell to Canadian citizens of that I'm 100% positive... as for Americans I can't say for sure as I don't know their laws...

If this program is 100% legal where is the proof? where is the legal registration, where are the licenses to do business? Have you contacted the T&C gov't ?? Oddly enough they have no information about P2P being legally registered there either.. you really should be careful making your proclamtions... it will only come back to bite you later.




Sadly you are not in charge of MMG, and when all I am doing is responding to questions that makes it NOT spamming... I am not posting without being asked... there is no foaming at the mouth but nice try... sorry that you aren't used to well reasoned posts with facts to back them up.. if you want me to stop correcting the lies then the sheep should stop making them.. pretty simple really.. and odd that if you are all so sure it's legit and legal and blah blah blah you would spend so much time here defending it... makes ya wonder...

I have been trying to get a handle on what is and what isn't with P2P and I have read extensively hoping for a clear explanation. Some of the posts here indicate that it is unreasonable for non-members to question here because they are not vested in the program. I really don't think that is fair because Nick himself started this thread and this is a quote from his initial post:

"It's time to finally stop worrying about not making money on the internet. "P-2-P Network" has developed a system that put your investments on Autopilot with the ONLY TRULY Automated System that's affordable for everyone! "P-2-P Network" is an investment strategy based on allowing ordinary investor's access to higher returns by using all the resources available to global investors.

We diminish the risks normally associated with these types of investments by pooling your money and spreading the investments across a diverse range of global opportunities such as bonds, IPOs, finance & property, private equity funds, forex, co-investing in direct investments and private placement investment funds etc."

Many of us search other forums outside the dedicated one to strike a balance with the information presented - both pro and con. Nick started this conversation through his promotion here at MMG. His initial statement says he is handling investments including forex trading. How and when did that change and what did it change to?

Sislin

OMG all right all ready u have asked that over and over again and again and no member of MMG can give u that .
It makes some really horriabley borying and annoying reading.


OK so it is or MIGHT be a hyip SO WHAT> theres hunderds here for u to go troll yourself at. go spend some time over at the others and give us a break for at least a week or two would you ???? !!!!!!!!!!!!

IVM... I loved the news that I read. That must have been so great for both of you





Fantastic Virgee.

Congrats Virgee2008!! WTG!!

[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?

Hi Everyone,

I'm new to this forum but I've been a P2P member for 8 months now. I wanted to comment on the above quote. I know the "TeamAaronShara" (or whatever) letter said something about the RCMP will be coming soon to shut Nick down. Let me ask; when is the last time the Police or any regulatory agency said, "we're coming soon to close you down"? I don't think they'd talk about it, they'd just do it (if they were going to do it at all). Why would they say that and warn the people/persons, who are supposedly doing something illegal, and give them time to flee? Seems odd to me, but nothing about that whole letter/post seems right.

[quote name='cvkint' date='Mar 12 2008, 09:05 PM' post='4746141']

If this program is 100% legal where is the proof? where is the legal registration, where are the licenses to do business? Have you contacted the T&C gov't ?? Oddly enough they have no information about P2P being legally registered there either.. you really should be careful making your proclamtions... it will only come back to bite you later.

cvkint,

Again, I'm new here but I've read alot of your posts and it does seem that are knowledgable about this kind of stuff. I am a P2P member but I wouldn't really call myself a cheerleader or whatever.

My question is; if all it takes (according to you and a few others) is a few phone calls or emails to any of the government agencies, to PROVE that P2P is running illegally, then why hasn't P2P been shut down yet? I apologize if I misread what you posted, but I thought is was to that effect. Or, if P2P or Nick isn't licensed under the names P2P, or Nick Smirnow, etc, that still doesn't mean he's not licensed, right? Isn't it possible that he could be licensed under a different name, etc?

As much as Nick gets his posts and comments reposted and picked apart at other forums, etc, why would he get into particular details about how he runs things? It seems that no matter what he says or does, there are always those people who twist it around, or call him a liar or whatever, so why bother? People are going to believe what they want to believe. For me, I choose to believe that Nick IS the real deal, but again, that's just me.

Anyways, that's just my thoughts and I hope none of my comments came off as being rude because that was not my intention.

All I can say is this. You're right people will believe what they want and do what they want. That being said, MMG is a resource full of information. Ever hear the saying "history repeats itself?"

Just do a search in any section here, check the closed programs section and read through some of those post. You will see a lot of the same type of stuff in those threads. I have yet to see one that's real.

Also, about TeamAaronShara, I have known him for years and I doubt he would post something like that unless he was totally sure he was right. This is the reason Ken Russo and other big recruiters at P2P (even those not in the program) have emailed their downline/list with a warning. For those thinking TAS is a referral monger or whatever, I disagree, more then once TAS has told me not to join programs when I asked him about them. The Due Diligence he use to get from company admins is the reason he has the following he has.

In this game we have all promoted stuff that's been huge, things have been wonderful and they collapse. It's part of the business and the reason I no longer promote programs. I for one have grown tired of building a nice downline and it dying.

That's why MMG is planning on making some changes with this makeover and regardless of if P2P is here paying or not I still think it will benefit anyone to take advantage of what we will have to offer.

For the record, if I Nick keeps calling MMG a "swamp" it should show people how much fear he has of MMG. MMG doesn't go around discussing other forums because we are at the top of the mountain and it's always the people looking up that have to resort to childish name calling.

Yoda

Hi Yoda,

Thanks for the response. I, for one don't think MMG is a swamp at all and I would guess that Nick's mostly reffering to a different forum, but I cannot say for sure as I am not him and don't want to speak for him.

Anyways, I am relatively new to this stuff and P2P is the second one of these types of programs/clubs I've ever even tried. I'm not a player in this "game" and I don't promote it for the refferals and such as I could care less about that. I don't know who Ken Russo is and I don't know any other big dogs in this business, and I don't really care about any of that either (I say that respectfully).

I also don't know much about TAS, so I cannot comment much on them, except for what I've already said in my previous post. I still cannot see any police agency giving a notice that they are "going" to go after somebody, that does not make sense.

I will answer YOUR questions of course now I will be called a spammer or whatever the sheep are terming it today for responding to direct questions.

I'll answer your questions with a few in return... is everything that is illegal shut down right away? How long did CEP or 12DP last before they finally closed. Knowing that something is illegal and having it shut down are two very different things. Plus as I've stated the OSC is not involved in enforcement, they are in regulation only, once they have complaints about a program they pass it on to the RCMP which has been done. What the state of their involvement is nobody knows for sure as they are not allowed by law to comment on an ongoing investigation.

So there are ONLY two options, they are either currently investigating and hence can't discuss it OR they are NOT investigating and hence there would be nothing to discuss. The option that Nick likes to tout that he was cleared by the OSC proves that he is lying at the OSC doesn't investigate people, call them and ask. IF he was investigated and cleared of any wrong doing by the RCMP there would be a case and file number and it would be part of the public record and anybody that wanted it could get it simply by requesting under the freedom of information act, there is NO such file.. check for yourself.



You have nothing to apologize for your post was polite well reasoned and you are asking thoughtful and worthwhile questions.

Yes 100% for sure Nick could be registered under some other name, although he has claimed it's P-2-P that is registered.. but yes he could be, but again that simply begs the question if in fact he is legal why spend all his time name calling the posters and forums that don't agree with him or call him out on his nonsense.. why not simply post his legal representations name and say take it up with them...like every other legit business on the planet does...

Do you think if a local business has a beef with somebody they jump on a forum and start calling them names and other businesses swamps? Seems all very odd to me.



Ok you lost me here. IF Nick is legal there is Nothing you can call him a liar about, he is either registered to do business in Ontario or he's not. If he is he would have a registration number.. that number is a matter of public record if he was legal he says here's my number go away... that's it.. what is there to tear apart? You see this is the one place your point of view fails a logic test. People rips his posts apart because they are so stupid, I love how he can manage to log in from the back seat of a limo but somehow snowstorms stop him from doing so.. very odd I as live a few hours away from him and I have NEVER had my internet go down the times he has claimed his is.. if you want to do something even funnier how about do a quick google search and you'll find his ISP it's not hard to find... now go back and read the posts where he complains about his connection being down and now make a call to the ISP and request their service records for that time...



you are MORE than welcome to believe whatever you wish I have no beef with that at all. I have a beef with all the referral whores coming in to threads and going on and on about how legal this is and how he's invested in Casinos and all the other TOTALLY 100% UNPROVEN stories... when they do that I feel the obligation to respond as I know factually some of those stories are lies and I have provided proof.. what someone chooses to believe is up them and I accept that..

Like I've said many times if the cheerleaders are so sure everything is so great and so above board why do the feel the need to tell me to shut up and attack me and so forth endlessly.. why do they even come here? I mean it defies all reason, they can go to their private little censored forum and tell each other how great Nick is all day long, but they come here and get mad at people for offering up PROVEN facts..with links phone numbers laws etc to back it up.. seems a little desperate to me...



Nope not in anyway rude, like I said well reasoned and thought out post we will of course have to agree to disagree but there is nothing wrong with that it's part of life. Another thing to take note of is how it's always the same half dozen or so people that come in screaming with their larger than life fonts and pics etc..etc... who go on and on about how they don't care if it's legal etc..etc... so ummm why do they come here and draw attention to it and provide those of us with an opposing view reason and ammunition to counter their posts.. as I said very odd actions..

As with all things time will play out and things will go where they go.. I have been in the securities game long enough to smell a con when one is around and I know the laws very well.. sooner or later if the RCMP if not already onto this one they will be, as there are between 5 and 10 calls and emails a day to them about it.. so we will find out how well it stands up. Nothing you me or anyone else will matter.. the authorities will do what their rules dictate.. .imagine how truly sad it will be if in fact Nick is the real deal and he was so arrogant to not follow the local laws and got shut down over a simply registration issue...

I know I can't prove anything, so cannot say "P-2-P is a Ponzi" without breaking MMG rules, but please draw your own conclusions from the fact that I am posting about it as to what I think it is.

For those that know and don't care, don't believe me, or don't understand what I mean, perhaps this is more relevant; I will be very surprised if P-2-P doesn't collapse by the end of next month.

Those that have been reading my posts for a while, both here and even more so at Talkgold, will know that I have become uncannily good at predicting these things over the last few years.

It is difficult to explain all the reasons here. However, a very visual clue is available in this graph:



Note how the visitor pattern for P-2-P looks very similar to that for Minvestment.com, but is running about two months behind. I show the Talkgold and MMG lines on there to show how Minvestment was being visited by nearly all the "HYIP" community before folding - the TG and MMG visitor level provide a natural limit for these programs in general.

Note this is simply my opinion. You should all do your own research and draw your own conclusions. It's your money, and if you want to risk it "investing" in a program after receiving advice that it looks like it'll fold soon, well, that's your choice.

Good luck, folks,
Kind regards,
PN.

really ???


Ok, cvkint, I have only one question : Have you called the O.S.C ?
Please no lies !!!

Could you please ask Nick to say that MMG is not including when he mentions other forums that he calls "swamps"?

Thanks,
Yoda

P.S. Or he could come here and post and tell us.

Congratz to all that have been paid... and wow IVM, mine must be close now.. 28th February (I get confused with those American dates )

Dorky

Dorky, I'm just naturally confused, don't feel bad!

Why does Nick just not have his lawyers to issue a statement showing that he is legal? I bet he doesnt even have an lawyer but may need one soon. In his updates he skates all around it and says he has a super secret strategy that only he knows. Then his cohort Kent at my cash forum has to issue a statement to calm all of you people down. What in the world is that all about?? Think people think! You are dealing with an hyip operator (who is guilty until proven innocent in my opinion) and somebody that runs a monitor service that is potentially paid to help keep moral up.

Ponzi Nemesis posted a nice chart there. p2p has already had some cash flow issues but the growth of new money looks like it may have bailed them out for the time being. How much longer do you really think that growth will go on? At some point, growth will slow down and the admin is going to pack in and take the money. Watch and see.

I truly dont think you will ever see the debit card. You may pay for it but I dont think you will receive it. Nick has already made it clear that there will be delays in the future. Why? He is setting you people up for the last big cash grab. I have seen this over and over. These guys dont even have any new tricks.

I know there will be a half dozen people join in and say Im in profit by xxx dollars and thats all good and fine. How about the guy that just dumped in 4 figures last week? He may be on shaky ground eh? I fully expect for this to drag on for months to come and see a lot of you in other threads when it crashes down. The train wreck itself will be fairly swift but picking up the pieces will take months if not years.

virgee!!!!

I've started making weekly withdrawals myself, so I'll be back!!!!

Thanks Dorky

2/28 is just around the corner. Last I read 2/27 requests are being paid as we speak.

Hope you are doing well.

From what I have read in this thread - Nick has openly been called a "scammer", and other derogatory remarks have been made as to his honesty. Why then, shouldn't he refer to this thread as a "swamp"? Who has lost money in P-2-P? Is there anyone posting here that can say that Nick has 'scammed" them? From what I can see here - the ones knocking Nick are the ones who are not even invested in P-2-P.

I don't understand the mind-set of the so-called "do-gooders" here that are warning folks NOT to invest in P-2-P. They don't give a "rat's ass" about someone else's money. They are sitting on the sidelines mouthing off about something that is not their business anyway. How and when someone else spends their own money is their own choice. We are all adults here and the monetary choices we make for good or bad are strictly of our own volition.

Who knows about any person, company, plan, whatever, that we find on the internet? Many do not last long. Some go for a long time. Anything that we invest in except a bank CD or something of that nature, is a gamble. If you don't want to take chances, then don't invest in anything on the internet. Just take your 4% yearly in a savings account and forget anything else.

TAS are known rabble-rousers. If they have been scammed by Nick, then they need to step up to the plate and tell us. If not, then I would not consider there information valid.

Virgee200

Awesome MoneyTree!! Can't wait for your I Got Paid posts
I enjoy your posts, they seem to put a bit of fresh air in hear... don't you think?

P2P Rocks!!!

I really don't get what it is about cheerleaders that seems to impair their reading ability.

Here we go again, half of you keep telling me to stop mentioning the OSC and the other half keep asking if I've called them.

Svanson I'm not sure why you aren't following this thread but I've already stated for the record that YES in fact I have called the OSC and I even went so far as to post the phone number of the person there that I spoke to, the same person that others in this group have spoken to.. why is this so hard for you to either understand or remember?

The OSC is ONLY involved in compliance, NOT enforcement...

As for you last line please point me to ONE lie I've said in this thread or any other for that matter. I simply state facts and back them up with the proof needed OR I state my opinion and make it clear at the time that is what it is...

Please refer back a few pages and you will see exactly who I've called and what the outcomes were...

From what I have read in this thread - Nick has openly been called a "scammer", and other derogatory remarks have been made as to his honesty. Why then, shouldn't he refer to this thread as a "swamp"? Who has lost money in P-2-P? Is there anyone posting here that can say that Nick has 'scammed" them? From what I can see here - the ones knocking Nick are the ones who are not even invested in P-2-P.

I don't understand the mind-set of the so-called "do-gooders" here that are warning folks NOT to invest in P-2-P. They don't give a "rat's ass" about someone else's money. They are sitting on the sidelines mouthing off about something that is not their business anyway. How and when someone else spends their own money is their own choice. We are all adults here and the monetary choices we make for good or bad are strictly of our own volition.

Who knows about any person, company, plan, whatever, that we find on the internet? Many do not last long. Some go for a long time. Anything that we invest in except a bank CD or something of that nature, is a gamble. If you don't want to take chances, then don't invest in anything on the internet. Just take your 4% yearly in a savings account and forget anything else.

TAS are known rabble-rousers. If they have been scammed by Nick, then they need to step up to the plate and tell us. If not, then I would not consider their information valid.

Virgee2008

Just so I am understanding what you are saying, the fact that Nick to this point is still paying is enough for you? The fact there is NO proof of income, there is NO proof of required registration, There is no proof of anything actually...

BUT plenty of proof that he IS required to be registered and he can't show he is... or prove he is exempt..

In YOUR mind that is NOT important for newcomers to this thread to know?

I have news for you a thread on MMG or any NON-censored forum (yes that means MCF doesn't count) is about discussion.. a thread once opened is NOT reserved for the cheerleaders and referral whores to come in and say what they want at will.. those like yourself that are happy with breaking the law can say whatever you want, but you also have no say in the matter when those that are asked offer their FACTS to counter the smoke and mirrors of the program pimps... so as long as people like yourself plan to come to threads and discuss expect BOTH sides of the story to be told... btw being paid does not make something legal... and like it or not a good many people DO care about breaking the law..so I don't think you get to speak for anyone but YOURSELF as to what it valid information or not.

Someone mentioned who called the OSC. I called them on the number cvkint posted. Give them a call and see what they tell you. I can verify that they told me that they were not into enforcement. If you people will call them up they are very helpful. I gave the url and they pulled it up and told me red flags were waving within 30 seconds.
Why? Because of the high percentage paid among other things. They said it looked like a "scam". Their words not mine. But give them a call yourself and see what they tell you.

Here is a copy of a letter someone got from the OSC.

From: inquiries@osc.gov.on.ca
To: Xxxx Xxxxx <xxxxxxx@xxxxxx.xxx>
Date: Fri, 7 Mar 2008 12:01:58 -0500
Parts/Attachments:
1 OK ~98 lines Text
2 Shown ~88 lines Text
----------------------------------------


Dear Xx. Xxxxx:

Thank you for contacting the Ontario Securities Commission ("OSC") to express your concerns about Pathway to
Prosperity ("P-2-P").

P-2-P is not registered with the OSC as a dealer or adviser. *There is no information regarding this company on
the public records of the OSC. *The OSC has not granted any registration or approval to this company. *

We generally do not comment on the existence, nature or status of a review or investigation. *Matters which are in
the public domain can be found on the Commission's website at www.osc.gov.on.ca and in the OSC Bulletin. *Please
remember that ponzi schemes are illegal and should be reported to the police.

It is not clear from your e-mail where you are resident. *OSC staff suggest that you only deal with individuals
and companies that are registered in the jurisdiction where you live. *In order to sell this product in your
jurisdiction or give you financial advice, P-2-P would generally be required to comply with your local laws, which
usually requires registration as a dealer or adviser. *If you are resident in the United States we would suggest
that you contact the SEC for more information about its regulatory activities and whether the persons and
companies you are dealing with are properly licensed or registered to offer you these products or services.

As a general statement, if an investment sounds too good to be true it almost certainly is. *One and a half
percent return daily sounds too good to be true.

Such an investment could be considered a High Yield Investment Product (HYIP). *HYIP promotions often operate as
ponzi or pyramid schemes which are contrary to the Criminal Code of Canada and persons involved in such schemes
may be in violation of criminal law. *If you believe that this promotion violates criminal law you should notify
your local police department.

The OSC may not provide legal advice or opinions. *The information in this e-mail is for your reference purposes
only.

I appreciate you taking the time to contact the Ontario Securities Commission.

Sincerely,

Denis Donnelly
Lead Inquiries Officer
Ontario Securities Commission
inquiries@osc.gov.on.ca
(416) 593-8330 or toll free at 1-877-785-1555



"Xxxx Xxxxxx" <xxxxxx@xxxxxx.xxx>

02/29/2008 07:28 AM
To
inquiries@osc.gov.on.ca
cc
Subject
http://pathway-2-prosperity.net/

Well some people on that other forum seem to think so...

Here's a qoute from user pantera on the other forum:


I would love to have a real discussion with this user or anyone who feels this way. Like it or not, just look at the stats. MMG is the best in the business for online money making. The MMG MakeOver is going to lead the industry in a whole new direction. If this guy really feels this way I feel sorry him.

I will be honest and say a ton of the junk post in some threads here is a real pain. Reading post like "Looks good, I might invest later", "Got paid", "Nice plans, I might invest" are a real pain. A thread like this actually brings out what makes MMG great. A real discussion about a program. In this industry just like in anything else, it's good to hear "both sides of the fence". The best word I can come up with to describe a bunch of people with one sided views in a group is a "cult". That's the feeling I have always gotten from program forums and the reason I have always read MMG, TG, etc..etc when doing my DD on a program.

We are here for Discussion. What I have gathered from that other forum is it is just a cheer leading squad. This isn't football, my money is on the line. So I want to hear both sides of the fence.

That being said, I highly recommend that you read someone's views on a variety of programs. If someone is always negative then I take that info with a "grain of salt". If someone is always positive, I take that with a "grain of salt".

That's why I can respect people who say "I don't know or care but it's paying me now", "I share this with people telling them not to invest more then they can afford to lose"... but when I read a thread like on MCF and I see post about people putting their last $500 in a program, my heart cringes. Someone could possibly be setting people up for a fall.

Now, granted I hope that's not the case, but if it is I hope the person who referred members, that end up in dire straights because of them, step up with some of their profits and do the right thing. Doing the right thing will take people far in this business.

So now I am calling out pantera. What is your response to this post? If I went to MCF and posted my views on this program (which I cannot do here as a member of MMG staff) would I be banned? Would someone have a real discussion with me? I am betting I would be attacked, banned etc..etc

Why is that?

Yoda

I have been a member of MMG for quite a while, and I do use it as a guide as to any program, although what is posted you always take with a grain of salt. One thought is, just take a moment and look at all the forums and where they are at now, if you can find them. To me MMG is a place to get both sides of the story, you can not really get it in a program forum, especially if it is censored and heavily moderated. Sure this is the place for very good discussions for the Pro and Con of any program, but sadly enough, some do cary it to the very extreme, and it would be nice if people wouldnt get upset and just have a discussion. I dont like calling forum names, because in the case of MMG, it is not MMG's fault that a discussion offends some people, but it is only here to serve a purpose.

It really surprised me that Nick is calling MMG names when he was the thread starter and apparently he thought enough in the beginning to start the thread, and open it for discussion, though now I dont think this is what he wanted, but he did let the cat out of the bag, and is now going to live with it.

BTW, Today my 30day maxed account matures today and it will be nice to see 40k in my account balance and the option of what to do with it.

Layton

Ok, cvkint, you might be authentic to some people here in the forum but you can't tell me nothing because I know more than you.And you also might be clever but you have to realize, that there are also clever P-2-P members, who also know more than you.
So I don't know, why you want 100% proof about this program.Perhaps you lost money in other investments, CEP, whatever, only a thought.For me, you seem very uncertain!

So what do you expect now from Nick ?
That he will sends/faxes you a copy from his business license?
Who do you think you are?
You are NOT even a member from P-2-P !!!

I realize now, that you have done one mistake,when you called Nick and not have gotten the info you wanted and then you decided to call the OSC.But you could never had been satisfied, whatever they told you.And so your are wasting your time here, posting that this program has to be illegal ?!?
Nick was reported to the OSC, he's not registered there - AND NOW ??? Does it has to be illegal now ???

For me, it's not interesting what other envious, ignorant naysayers are saying, I don't care but come on cvkint, you are NOT a stupid person.
So, do you really think, Nick forms P-2-P Network, an energy bank + debit card and all without no license, registration ??? There are years to come, so how long do you decide to play this game ? 1yr., 2yrs ?

You should know, this is NOT a HYIP, scam/ponzi and this is NOT asamonitor or talkgold, so I don't know, if you don't want to understand but I really hope for you, that you will join this opportunity one day, you won't lose your head...


svanson

Well I do not post here much, as you can see at my post count.

Yoda I would be more then happy to talk about the P2P program with you, but I do not know how we can do that if you can not discuss it in this forum. I have no control over the MCF. I am open for suggestions.

One quick question. Can anyone please show me where Nick referred to MMG as a "swamp" by name?

One other thing. Yes P2P is registered to do business in Canada. I did not nor have I said sell securities.

jerr

Hi Jerr, when Nick was talking about the C&P he got fr4om a member about the post from Team Aron & Sharon, that is when he mentioned about not paying any attension about what is posted in the swamp, so I took is referring to here.

Layton

Wonderful Layton, Nick said .."ALSO, to the Member who was inquiring about the "O.S.C' ......" Now at no time did he refer to the cut and past of Team Aron & Sharon. But now thanks in part to you, people, including a mod here at MMG are going to say. "Nick is hammering on MMG...."

I believe since it is so hard for people to make honest statements online in various forums it would be wiser for a respected member to post accurate information.

If you are going to bother to post....post the facts as you know them.

jerr

Is user "pantera" from MCF this Nick guy? MY quote and post above was because of his post. In Nick interview he hammered on the swamps full of naysayers now come on it doesn't take a genius to figure out what forums he is referring to. I didn't hammer on anything, I simply stated that I resented that and to be honest I prefer an open discussion about something when it concerns my money.

When I am thinking of purchasing a stock, I don't just follow one forums post, I read all the info, do my own DD, etc..etc same with these programs. If you only just follow a programs forums advice you will lose money in this business... it's been proven to many times.

Like I stated in an earlier post, MMG is the king of the mountain and only those looking up and wanting to be us will resort to such actions.

Yoda, I am referring to this post of yours #2460. "For the record, if I Nick keeps calling MMG a "swamp" it should show people how much fear he has of MMG. MMG doesn't go around discussing other forums because we are at the top of the mountain and it's always the people looking up that have to resort to childish name calling."

Yoda

I do not think it will take a genius to figure out what you are trying to say.
My original point was and still is. Once a comment is made and no one says "no that is not right" it is widely accepted as fact. Layton should know better then to add support to a non fact.

Now again if you would like to discuss the P2P program with me I would be more then willing to. I have no ill will toward you Yoda, I just do not like to see members read comments and assume they are fact. I like you value my money and like to base my decisions in fact.

jerr

I cannot discuss any programs. Sorry, for legal reasons I cannot do it here. Like I said I wish everyone the best in this and all ventures.

Yoda

[quote name='jerr1513' date='Mar 13 2008, 10:59 AM' post='4747954']

One other thing. Yes P2P is registered to do business in Canada. I did not nor have I said sell securities.

Hi jerr,

You know this for a fact?, can you point me to that information please?, its strange that Nick would not post this on his site to settle it once and for all, would seem like the intelligent thing to do, right?

Hi dealsonwheels, yes I know as a fact that I have a copy of a P2P registration for Canada. It was given to me be a person who did and continues to look into P2P every day.

If anyone tells you it does not exist then either we were given a fake or they are mistaken. As to why Nick would not post this piece of information on his site. I am not Nick, but has anyone ever asked him to? Not by a forum post but rather by personnel contact.

Will I share this two page document. No. Why not? Two reasons. One because I did not buy it but rather was give it by someone who paid for the lawyer to track it down. Second because I am tired of the "experts" changing the arguments.
Like the program hate the program I do not care. I only would like to see factual statements made. When or if I know as a fact a statement is not accurate I will comment.

jerr

I need to comment on this opinion since being an old MMG member same as Layton, I didn´t agree with including MMG in Nick´s comment + other members in MCF putting MMG down as well as if this was evil itself ).

This is why I posted there and stating that this is where I have learned ( alot! ) and found many good, warm and experience people for the last three years.

Now, I am sure that this comment from Nick was NOT against MMG ONLY but again, I agree with Layton that he did included this forum:



Honestly, I am sure Nick was not taking MMG into consideration ONLY but most probably, he was referring to all "those other "Swamps" as he stated. MMG included but not the only one.

May be Layton thinks the T&A post on that day was obviously the reason for Nick to post this update using the word "Swamps" but in my opinion, his main concern and points of importance in that update was "what was being said" and not "where" since different kind of discussions have been taking place in other forums and not just in MMG.
I guess this is what Nick has in mind. The general comments about the legal aspect of the program and not trying to kill/blame a specific forum.

JMHO

IVM great look at it as you like. Nick never said MMG when he was saying "swamps" I know exactly what he was referring to cause I was told. Feel free to think what you like.

Dealsonwheels, I got to thinking about your question. You have two posts so you may be new to this online world. If you are not in P2P but are thinking of it do this.

Send me a PM at this forum (I do not know if you can or not) ask me for the link to P2P. I will do a member to member transfer to you for $100.00. DO NOT PUT A PENNY OF YOUR MONEY IN. After less then 12 months you will be making $20,000.00 or as others would have you believe the program will fail and you will loose nothing.

jerr

Well,... he never said TG or ASA either but surely referring to more than one place.

You are right. You bet I always feel free to state what it is my own opinion same as I respect others opinions whether I agree or not ( in this case that we are discussing now, about MMG included although not limited )

I would never blame Nick for defending what he has to defend. This is correct in all of us human beings and I would do exactly the same.

This is exactly why I clearly understand what he means and also his concerns in his update.

I guess this MMG point is not as important as some people want it to make it sound, isn´t it?

Have a nice.

@$#!!!
I gotta get this Nick fellow on my payroll...

My gosh, you're so right. I was in near upheaval...

near upheaval...

All right. I AM a cheerleader for Nick. I have reason to be. I have been paid out 4 times and the 5th is now pending. I don't know the man, but think about this - do any of you really think that a person like Nick, who has been in this business for over 20 years would be so dumb as not to have all of his bases covered. I'm sure he has considered the ramifications if he did not have all of his "i's dotted and his t's crossed" I'm sure he has far more experience and knowledge regarding how to run a business than most of us visiting this forum. Be aware that not all of the P-2-P members are stupid sheep as has been inferred here.

It amazes me that some folks posting here are not even members of P-2-P, but they have the GALL to mouth off about something that they have never put a cent into. What business is it of their's anyway? If they have lost money in P-2-P, then and only then do they have the right to bash Nick and P-2-P - calling it a scam and a ponzi and god knows what else.

Nick has stated many times that he makes SO MUCH MONEY from his connections that he can easily afford the interest that he is paying. He has also stated that it is just a small amount of what he earns.

I'm happy and will enjoy the fruits of my investment for as long as P-2-P lasts, which I hope is a VERY long time!

Virgee2008

Hi jerr1513, yes, i only have two posts so i dont think i can PM you on here yet.

Thank you for your generous offer, i appreciate it, and its a nice thing to do for a total stranger too.
But, as i said in my first post here, i am currently a member of P2P already, and have invested and have my plans maturing nicely too.

I was just concerend about the legality of P2P, as i try my best to pick solid type programs, (well as solid as is possible out there) with the proper legal structure set up, etc, as it gives one a better chance of some success in this arena.

So, when you posted that you knew P2P was registered in Canada, i was very interested to learn more, as this seems to be a big issue for most here, and rightfully so.

So you say you seen the registration certificate then, is that with the Canadian OSC,? does it look like an official document,? or a doctored cert? as it can be easy to make them look real too.
Is it registered to P2P or to Nick personally? i hope it is for real as it sure would give P2P more credibility, and probably leave Nick more time to concentrate on his business also without having to answer his critics whenever this subject comes up.

Anyway, we hope for the best, and Thanks again for your kind offer

Even though i have only two posts here, i am not a complete newbie, i do read a lot here and on other forums too but dont post that much, but i have been around these programs for a while, and burned a lot too, which is why i tend to thread cautiously now.

All of this bull about where the "swamp" is or is not is just plain funny to me. For the record, the swamp at Talk Gold was the first to bust out calling for red flags. Kudos to them. ASA and MMG are several months behind. That is a FACT. Read it and weap but the TG boys beat everybody this time.

Now, ASA, MMG, TG are all now in the same mode. The so called "swamp" must be all three from what I gather.

What is even more disturbing and predicable is that Layton has been some what thrown under the bus at My cash forum for not showing more support for p2p. Layton has made a nice chuck of change but refuses to join the cheerleaders. He tries to be realistic and even I dont agree with him a lot he is trying to ride the middle but not at the expense of getting referrals. Its all a game to him and he is a pro. I think he knows exactly what he is doing and I give him a big thumbs up for playing both ends against the middle. Good job but understand I know the score Layton and I know your type. You have not fooled me. P2P is coming down soon and you KNOW it. Still, I admire you for your skills.

Stand by for the train wreck.

(sigghh)...How many times do we have to go over this?

Since when do you have to throw money into a program in order to carefully study it and observe the red flags?

If you wish to remain a cheerleader, that's your call. However, your strong emotional feelings regarding this program do not automatically abolish every member's right to a fair discussion.

I think Yoda said it best:




And if anyone here is only concerned with "living for the moment" and/or they also fail to care about the wellbeing of others, then it is truly a shame. Unfortunately, we can't force anyone to open their eyes and view both sides of the fence.


- Ryz

And why do you believe that? There are so many reasons to doubt that he is telling the truth that I can't even start to list them all, but here are two:

Firstly, if he was really making "SO MUCH MONEY from his connections that he can easily afford the interest that he is paying", why would he waste his time running a program like this? Why not just re-invest the money he's making to make more, and if he needs more working capital borrow it from the banks at a few percent a year instead of paying a few percent a day to P-2-P "investors", who are high maintenance, i.e. he has to spend large tracts of time dealing with payments, posting motivational speeches, arranging debit cards, etc.?

Secondly, again, if he is already successful in his other business interests, why would he take the legal risks of selling securities without a licence (call the OSC or the SEC and ask them if this is what he's doing if you don't see that this is what is happening here)? If he had legitimate businesses making him the small fortune he claims, would he really want to take the risk of tarnishing his reputation by running a program that looks like a HYIP, walks like a HYIP and talks like a HYIP?

I believe Nick is making money. But it is clear to me where that money is coming from, and it's not from casinos or any other bricks-and-mortar businesses. It's coming from the people who keep "investing" in this program. Every day this thing grows the amount of money Nick owes increases exponentially. Some of what comes in goes to Nick, some of it goes to pay the people with matured plans, and some goes to keep the program running. For there to be enough money for all that there has to be around twice as much coming in this month as last, which in turn had twice as much coming in compared to the month before.

Look at this graphic again:



Here's the link to recreate it yourselves so you can get an update any time you want to

http://www.alexa.com/data/details/traffic_...&size=Large

That blue line has to keep going up, faster or faster, or this program will fold. The question you have to ask yourselves here is "Will the blue line push up through the turquoise and green lines, or will p-2-p fold before that happens?". Look at what happened to Minvestment, or swap that out for any of the other programs advertised here or on Talkgold over the last few years and I'm sure you'll agree that it's pretty clear what happens next, and that the timescale is imminent.

There will be plenty of people screaming blue murder about all this soon. If you have a plan about to mature it may not be too late for you to get your money out, but if you re-invest at this stage I'll be very surprised if you have a hope of avoiding the chaos. Do yourself a favour and save yourself from the irritation you'll feel if you ignore the evidence all around you here and sleepwalk off the cliff now as most of the poor souls who restrict themselves to MCF, or who don't read the forums at all, are about to do.

Wake up, folks, while there is still time!

Kind regards,
Ponzi Nemesis.

Those who have anything against P2P have said their piece..what fires them up--and is only natural--is if they are challenged.

What does it matter for P2P investors if the "bashers" say what they want..?

This is a board for free discussion as is the nature of MMG.


Nick and Kent have advised members against visiting any outside forums apart from MCF.

Unless you like your blood pressure up perhaps..LOL!

Believe me, many of these so-called troublemakers live for the argument(read: debate) and just relish the moment of seething anger coming from P2P supporters.



Why the need to defend P2P in MMG unless you're after referrals?

If... P2P falls like they claim it will(because they have seen it all before blah blah...)...well, that's the way things are in the arena.


Practice safe hyip 101 people!

The graph you post shows the amount of traffic to the website. The blue line isn't even noticeable from February, all the way until July or August. That's 6-7 months with a very small membership, that was being paid. P2P didn't need a large membership to sustain payments.

Your chart only proves that P2P got more popular from July and August on, nothing else.

As for the rest of your post about why Nick started P2P, that's been discussed many times before.