geez-----


ok----once more----lottery is gambling---everyone on planet earth knows that. P2P was NEVER promoted as a lottery where some will win and most will lose. Nor was it promoted as gambling---read the FAQ. It was promoted as an investment. Lotteries are legal and so is gambling in some places on the planet. Ponzis promoted as "investments" are illegal in all the civilized world. If P2p IS a ponzi--owners and participants are subject to criminal prosecution....not so when one buys a lottery ticket from an authorized dealer.

Geez what?? Who are arguing with? Not me!

Go save the planet and stop all of the gambling!!! I wish I could stop people in general from gambling but I can't. Lots of homes are destoryed because of gambling!

For the record I was not talking about P2P just gambling in general.

It appears that you were attempting to establish a correlation between gambling and P2P since this is a P2P topic---as have many others.
If you were only injecting a totally unrelated statement about gambling which has absolutely no relevance to the P2P thread then I apologize. Altho I Cant imagine the point of the lottery post---seems kinda mindless to post it if one is not making a comparison to P2P---as have many others. Again--my apologies.

PS---I'm cool with gambling also---lotteries, casino etc.

I decided to create a poll - you can vote on whether you think the website will come back or if it is down for good - enjoy:

http://www.misterpoll.com/polls/347872

Well it came back up this time - well done to the 10 who voted that it would against the three who thought it wouldn't. Here's a more general poll as to where things go from here - enjoy:

http://www.misterpoll.com/polls/347881

Is it a real business? On what do you base that comment? Where are the business registrations to prove that Nick is legally able to offer investments to the public?



No it's not, this is much closer to the facts that your example of a car dealer.. Nick has NO inventory and no reason why payments should not be within his terms... its illogical to believe otherwise.. it's a bunch of numbers on a computer screen... with a half way decent computer he could do thousands of payments an hour...forget a day.. that includes all the confirmations...



What are you saying P2P are not real investments??



But what is being done to keep this within terms? The excuses that are being stated in the members forums are total nonsense.. manual work, good lord give me a break..so why isn't all this manual work done on the deposits? Its really laughable.



I never said it would change anything.. and nobody here is crying wolf, I am quite sure this program will never get back to it's 5 to 10 business day terms.. and if I'm wrong so be it... doesn't change that it's my opinion.



I agree, but it's hard to get caught up doing the above when some many people come to forums like this one and lie about it being a real business....without a single iota of proof.



You do realize there is NO logic to your example? Nick is not buying inventory, the comparison to the bank is much closer as Nick is taking deposits, just like a bank, offering to pay a rate of return on them, just like a bank..and he then has terms to meet in regards to payment, just like a bank.. how in the world you see a car dealer and his inventory to have anything to do with what Nick does baffles me to no end..

cvkint, the back story for the original time frame in making payouts is that since this is a "real" business, it takes time to take funds out of the "investments" in order to make the payouts. I guess a better analogy would be to compare P2P (assuming it is legitimate) to a mutual fund. In order to withdraw, shares must be sold first. However, this generally only takes 1-2 business days in the real world.

An argument could be made that it takes extra time to get funds to the processors in order to make the payouts. This part actually makes sense. No matter the circumstances, the "investments" must be very liquid. Since we don't know what they are, no one has any idea why delays might occur.

An investment is either liquid or it is not. That wouldn't change from month to month. That's why the current delay doesn't make sense.

I'm also curious why all of a sudden there is a need to do things manually. Has there been any explanation for this?

Mark

Good lord they just never cease with the nonsense, so I guess now the whole business has changed or when it was only 48 hours to make payments they were invested in something else? But who knows right, first it was they weren't even actually invested simply "piggy backing" haha.. that one still makes me laugh... then it was trading, then it wasn't trading then someone threw out the IKEA Hedge Fund, there is no end to it.. but yes depending on the Mutual Fund it can take up to 5 business days to cash out the shares, but it would not vary



Except for the fact that they still had to get the money to the processors when the terms were 48 hours and again at 5 - 10 business days, so whether you are moving 1k or 100k there is no difference in the processing time just



Well yes this one makes the most sense to me, how else do you drag out the imaginary investment liquidation without creating an imaginary payment process hahaha....logic totally wipes this story out.. so either the deposits are NOT checked or they are done so automatically, any business more so a real one with millions of dollars, or owned by a multi millionaire does NOT do a bunch of manual checks, that is what computers are for, they would be much faster and more accurate at this task then having humans do it manually.. but then of course that assumes that you have a real coder than knows what they are doing...which seems unlikely given all the stories and delays on this program...

Bear77,

Martin Has NOT disappeared and if you post your username to me via here or pm , since bear77 is only your MMG ID, I can check on the accuracy of what is going on with your account.

Tappin

Hello Mark,

The reason for the delay is because Marsh56 was not the correct username of the account and had to locate the correct one. It turns out Marsh1956 is the correct username of the account you funded.

Your refund request has been answered below.

Tappin



"Mark,
Your initial deposit was done on 28 Mar 2008 13:20 and you had two payouts, one on 27 Apr 2008 21:45 and another on 28 May 2008 02:04 that would put you ahead by $100 of your initial deposit, therefore you have already received more than you had initially deposited, and are NOT entitled to receive any refund. Thank you for bringing it to our attention you are not happy with P2P, the last thing we want is an unhappy member. Your account has been put into pending , and you will not be paid your June 29th 16:49 payout, as you are already in profit.

~Chris007"

Very slick...

hello Chris or tappin
can you please tell me how to access the new forum where we have some updates.
From some of the post here it seems like there is another forum that p2p members can access.
I have faith in this program and none of the nonsense negativity that some post here can change my opinion about p2p
thanks in advance guys
keep up the good work
zall

iT IS GOOD TO SEE A PROPER OUTCOME TO ALL THIS. How can anyone reasonably expect to profit from a program, call the program a scam, and then expect to profit from it some more? Ironically, this person who thinks of Nick as a criminal is himself trying to get away with a criminal act. IT BOGGLES THE MIND

Yes, real slick. Well at least they have shown their true colors! What in the world does "profit" have to do with getting a refund? My principal amount was $500. Each month I withdrew the supposed profit of 60% and reinvested the $500. Therefore, it remains MY principal.

Tappin, please thank both Chris and Nick for me for stealing my money. Apparently Nick needs it to pay someone else. Ha! What a joke.

It's OK--he can give it back to the gentleman with the matches.

What goes around comes around. Nick will get his in the end, one way or the other. Thankfully I didn't need the money. I do WAY better with REAL businesses. I'll consider it a contribution to the next sucker that buys into this scam.

Mark






Please explain how getting back my principal is a "criminal act"? P2P promises to pay 60% per month. Based on my situation, I have now been paid a 20% return over a 2+ month period. If you have principal on account with a REAL company and request a refund, that's what you receive. They do not SUBTRACT what was already paid.

Some of you guys are more twisted than I originally thought to support such a scam.

Best of luck as this Ponzi unfolds.

Mark

You already have your principal back plus profit, therefore there is nothing to refund. What's criminal, is calling a good program a scam after they have paid you money and done everything they said they would. If you call your bank a scam and withdraw your term deposit before it matures they will also charge you a substantial interest penalty. You are extremely lucky that you are not going to be sued.

You people are hilarious, none of you talking smack are members just a bunch of losers and wannabees. Get a life.

Please tell me you're not serious. Yet another "apples and oranges" comparison. P2P terms do not equal a term deposit in a bank. They promised 60% return PER MONTH. As of right now, I have been paid a 20% return. Looks like fuzzy math to me.

Apparently Nick is overly sensitive when anyone calls him on the carpet. Sue me? Please. I'll be happy to give him ALL of my contact details if he would be man enough to speak to me and tell me why he is keeping my money.

Think what you want. I will not be foolish enough to make any specific time predictions but P2P is without a doubt a Ponzi scheme. It just happens to be well run. That does not excuse it.

In fact, if Nick were a real man with a real business, P2P would be totally private and completely off the radar. It's just a matter of time either before it falls on its own sword or the authorities swoop in and put it out of its misery.

Enjoy your gains while you can because they will end soon.

Mark



This nonsense doesn't even deserve a response.

Mark

You have to be kidding me. Who is Nick going to sue? Thats the funniest thing I have ever read. Lets see, the guy is in all likely hood running an illegal ponzi scheme and he is going to sue somebody? Oh please. He is the one that better be watching out for the sheriff.

Your analogy does not hold water about the bank either. If the bank pays out my CD after it comes due with interest and I re deposit the principle and cancel it before it matures sure I may pay a penalty but I will get back by in far the majority of my principle. This guy got duped because he spoke out and p2p needs his money for either their self or their members. Plus, they know this story will circulate around so no one else will request a refund because they fear they will lose all of their money. Talk about a sorry operation. Please get real.

What are payouts at today? 40 days yet?

Why are you even worried about it? PANSY NEMESIS PRONOUNCED P2P DEAD LAST MONTH




Posting bad publicity about P2P is against the TERMS OF SERVICE and may result in forfeiture of earnings.

But ummm if they payments are over 30 days behind that would mean at this point the program is NOT operating as promising meaning it does appear to be pretty dead, 30 days of course would put that failure date into last month.... so PN does not appear to be far off this time...



Well their TOS also says they will make payments in 5 to 10 business days so they obviously don't take the TOS too seriously.... unless it suits them of course...

Update on the p-2-p survey:

31 votes so far - and the results are very interesting! Opinion is evenly split between those who think payments will catch up again and those who don't. A slight majority now don't think the 'energy bank' will ever be launched, and opinion seems evenly split between those who think the p-2-p site will be down for good by the end of August, those that think it'll last longer than that, and those that think it'll last forever. See the results for yourself here:

http://www.misterpoll.com/polls/347881/results

And if you have yet to vote do so here:

http://www.misterpoll.com/polls/347881

It's anonymous and you don't have to be registered on this forum or there, i.e. all you 'guests' are welcome too!

I am curious, what is TALKING SMACK?

I can only comment on Canada but I make a term deposit of say 5k and its for 30 days.. after that 30 days I would receive my principal and interest.. if I then rolled the principal back into another term deposit for 30 days and I needed to cash it out BEFORE the term ended I would NOT lose ONE penny of my principal..I would stand to lose a large part of the expected principal...your principal is always guaranteed as taking any of that money would amount to charging you a FEE above and beyond the loss of your earnings... that is not only fuzzy math it's illegal.... but what would one expect from a Ponzi... another slick way to try and get a few more pennies in.

[quote name='PonziNemesis' date='Jul 13 2008, 08:34 PM' post='4933854']
Update on the p-2-p survey:

31 votes so far - and the results are very interesting! Opinion is evenly split between those who think payments will catch up again and those who don't. A slight majority now don't think the 'energy bank' will ever be launched, and opinion seems evenly split between those who think the p-2-p site will be down for good by the end of August, those that think it'll last longer than that, and those that think it'll last forever. See the results for yourself here:

http://www.misterpoll.com/polls/347881/results

And if you have yet to vote do so here:

http://www.misterpoll.com/polls/347881

It's anonymous and you don't have to be registered on this forum or there, i.e. all you 'guests' are welcome too!
[/quote)

YOU SAID LAST MONTH THAT P2P IS DEAD. Why bother with this nonsense?

PN trying a reinvent after his failed attempt at prophecy.




hmmm...not at all surprising.

So much for his much vaunted credentials.

S much for him never being wrong.

nuf sed.



Yeah..yeah..the bigger picture I know.

Hey..if it's gone, it's gone.

That's the reality of the arena.




Don't need some prophet for that lmao!

Right, the key word is "earnings". I have no problem with them keeping the profit due on my last w/d. However, they have no "right" to keep my principal. That is called STEALING, also known as THEFT. That is the criminal act here, not my request for a refund.

It really is moot at this point anyway since it appears that the ship is sinking fast.

Mark

Layton,
I see you are on the forum. Do you have anthing to say about P2P?

Not really, I am still satisfied and what is the point on saying any thing that has already been repeated time and time again, it has all been hashed and rehashed again and again. The only thing I can say at this time is that I am not alarmed at all at this point and will just wait and see, as for if it is on its last leg, well it will either continue to exist or it wont and nothing said will change that fact, but at this point I remain optimistic, but again, that is my opinion.

Have a great day where ever you are.

Layton

Hello Layton,

Any news if or when the P2P forum will be back and operating?

Thanks ahead of time!

Donnie

I have to agree with Layton on his post. I feel the same way. It is senseless to keep arguing with people that have no proof of what they are saying. But the supporters should have their opinions heard as well, they just shouldn't have to argue with ignorance to give their opinion.
If you really think its a ponzi then don't get in it. It obviously didn't bother you when the payments were running on schedule. Now that things are behind, you have a problem with it. If you are in profits and don't want to be in the program anymore than get out, but you have know reason to complain if you made a profit.

Log into your site and if you are upgraded, there is an update there, or come to the members lounge and it is also there, might answer your questions.

Layton

Ummm not that I want to be picky but you do realize that the "naysayers" have been the only ones to offer any kind of third party proof or contacts in regards as to why this program is illegal and will fail.. the so call members of this (NON) private club can not now nor have they ever offered up anything other than hearsay....if you don't want to argue, then ummm don't.. simply don't read... and if you think it's so important for you to get your point of view out, then sadly you will have to deal with other being on the other side of the coin...

UMMMMMMMMMMMMMMM Have you seen me argue? You have come into a battle of wits unarmed if you want me to argue with you.
What proof have you shown? I have seen none!
What are you trying to prove your like a child needing to get the last word in by arguing. You gave your opinion, then because someone shows support on a program you want to try and argue with them and tear them apart because they show support for something they willingly put their money into. What do you stand to gain anyway?

1) Let's assume Nick is paying the returns to all the members he claims.
2) If they are "piggybacking" on Nick's investments---how much is Nick taking in yearly?
3) Shouldnt Nick and P2P control most of the dollars, pesos Euros , yen, rubles etc on the planet earth by now? If so shouldnt some governments start getting a little concerned? And couldnt ole Nick be able to write a check for Microsoft, Boeing, Exxon Mobil, etc by now?

Just wondering................

I won't pretend to know how much money anyone else has let alone nick, but I do both expect and accept nick making alot of money for all his work.

As long as your assuming though. Lets assume Nick or you or I it doesn't matter, so we will say Larry. Larry has an Idea of how he can make money. But the only way for Larry's idea to work is for him to have a large sum of money, the more money the more money that can be made. Larry doesn't have the money, so Larry starts a program online and gets many people around the world to give him money to use for his idea. In return Larry says you will all make such and such return on your money. So now Larry has a way to make his idea work, he makes a lot of money and everyone that decided to trust in Larry also makes money. At what point do you want Larry to stop. I don't care if he bought the whole world, I just want Larry to keep it going so I can buy a small piece of the world.

Glad to see that the world's money supply is in the hands of someone as benevolent as Nick or Larry----the world dodged a big bullet on that one.

Glad it didnt end up in the wrong hands of someone like say---Auric Goldfinger or maybe the dreaded SMERSH....that was a close one..................sigh......

yes we are very lucky

In the end, what does it matter...and who really gives a cr*p?

If you don't have any money in..why should you care?


I'm sure most naysayers don't.

They just like to stroke their egos about how right they are or have been all along.

So what?


The bottomline?

If it's gone, it's gone.

If it ends, it ends.

If Nick is hauled off to the big house by the rcmp, he just is.

If those who partipated are as equally guilty, we are.

It's part of it.

Live with it.

Or don't--you're not in trouble anyway, we are.


Those of us with money in or any participation with this--will have to live with the consequences that may come with such participation.

If you're not involved, why would you really care?

You're not the one who'll be indicted or arraigned?


Oh, you do care?

Somehow I doubt that--at least for the majority of the naysayers.

Maybe it really matters that you have to prove or you have to be right that Nick is a crook because you are a caring human being? Sorry I *chuckle* here.


This is hyip..it's what it is.



ha ha...looka me and my rant -- imo..of course lmao!

Wow, what an incoherent pile of cow dung, I sure hope you're not near any clock towers any time soon....

All members have access through their back office area. Please view MCF thread for further information.

Tappin

No avatar*bet me who wins

Regarding the math:

$500 x 60% = $300 x 2 payouts = $600 - $500.00 original investment = $100.00 profit.

You requested a refund as stated in the Terms : "Refund of original investment"

You received your original investment and $100.00 profit. The fact that you gave up the rest of your profit by investing again was your own doing. You didn't listen to the members here that suggested to stop bashing the program, to wait and cashout your remaining plan when it matured and then cancel your account you deferred to a refund. People were trying to be helpful to you.




Tappin

The poll is looking interesting. 54 votes so far see the results here:

http://www.misterpoll.com/polls/347881/results

Or, without the graphics:

Will payments 'catch up', i.e. start being made in less than one month again?

35% (19) Yes, by the end of July '08
5% (3) Yes, by the end of August '08
16% (9) Yes, sometime
42% (23) No, they'll never catch up

Will p-2-p ever launch the 'energy bank'?

7% (4) Yes, by the end of July '08
9% (5) Yes, by the end of August '08
33% (18) Yes, sometime
50% (27) No, they'll never launch it

When will the p-2-p site go down for the last time (or be taken over by a receiver)?

14% (8) By the end of July '08
14% (8) By the end of August '08
35% (19) Sometime
35% (19) Never

If you haven't voted yet click here:

http://www.misterpoll.com/polls/347881

nice poll.

but what happened to your june prediction and the praises ascribed to you by your many followers?

I came by this morning for my daily laugh...entertaining reading...

Please ..anyone do not invest in high yeild investments if you can't afford the risk...
But the hey its seems...even our American banks are getting risky as well
150 predicted closing over the next 365 days....tough investing world out there....

Of course Nick makes money and always has...
But good old Nick has made me a ton of money over the last few years...as well
Yes we have had bumpy rides before...hopefully P2P will survive
if not Nick will open shop again thankfully!!
In the meantime whining won't accomplish anything...except raise your blood pressure..not good..
P2P is not Nick's first ride in the investing world

Success to YOU all

Tappin, apparently you practice fuzzy math like the rest of the Kool-Aid drinkers here. "Original investment" means just that. All I received so far was two month's profit at 60% per month. In the real world, Tappin, that is called ROI or Return on Investment. Did you get the "investment" part, as in "original investment". None of that return represents the original investment since I once again had put in the original amount for a third time. That amount, or $500, is what is now owed to me but Nick and company have decided to steal it.

OTOH, if you compound, your original investment does not change. That's why it's called "original". Are you with me so far?

Apparently in the Ponzi world, here's how a refund works: say anything negative about the company and risk being punished by having your account canceled. Then you will be refunded based on how much you have already received from said scam less your original deposit. Great way to do business, right?

If I slam my forex broker on some forum due to poor customer service and then request a refund, guess what I receive? The full amount in my account--period. Any gains I've made I get to keep. That's how business functions in the REAL world. It is up to the broker to gain and keep my business. It is not up to me. The same applies to P2P.

Nick, you and P2P can't have it both ways. They either pay 60% per month or they don't. They either refund the original investment when an account is canceled or they don't. Is this too difficult for you to understand?

Put another way, I originally put in $500 and have received $600 back over a 3 month period. Please show me once again how this represents 60% per month PLUS refund of principal. You can't because the math doesn't work. In fact, the only way to receive the return is to re-deposit your original amount. Based on your example, I have received my deposit back plus 20%. The numbers don't lie. People do.

Let's just be honest here for once. It is P2P that is in violation of its own TOS. All I did was request that my original funds be returned. Any REAL bank, investment firm etc. would comply--probably because they are required to do so by law. What Nick is doing is not only illegal but it is also immoral and unethical. That speaks volumes in and of itself.

Best of luck to you and all who are waiting for this Ponzi to play out. I will continue to be vocal here so that others may be spared this nonsense.

Mark



So you are proud of the fact that Nick has bilked folks before and will probably do it again? You understand that in Ponzis most people LOSE all of their money, right?

Therefore, YOUR gains are due to other people's LOSSES. You get that, correct? This is exactly why P2P will be my last "HYIP". If you're OK with the reality, then more power to you.

Just so you know, HYIP's for the most part do not exist. It's a polite term for Ponzi scheme. Those that do exist are legal and regulated. No one makes money at the expense of someone else.

Food for thought.

Mark

Mark I do not usually respond to nonsense but this time I will

First...if you bother to read all of my posting....I always tell anyone
NOT to invest in High Yeild Investments if THEY cannot afford to LOOSE that amount of money
Or if they simply do not feel comfortable with that particular admin....

Now as to your real world...go ask the people holding money in Indy-Mac..bank how the real world closes with your money and busines experts forecast another 150 banks will close in the USA over the next 365 days...

Its a tough world economy and the life of an investor anywhere.

But no one holds a gun to our heads ...so that we deposit our monies into the internet programs
At best we know its a 50/50 crap shoot...I for one love the game
Life itself is a gamble...but I still love it

YOUR Post:
No one makes money at the expense of someone else.
Food for thought.
Mark..........tell this statement to the millions of workers across our country that are trying to survive and make a living for their families on minimum wage salaries....making the products YOU use daily....hmmmmmmm!!

We know that since 1983 we have helped over 142,000 people across the USA...earn enough money to buy a home, send their child to college, get out of debt and support St. Judes & Make-A-Wish....and not ONE of them invested out of pocket money...we first earned it online from FREE programs....just so you know....

We say thanks to Nick and others like him that offer programs on the internet for at least a year's lifespan so we can invest and earn a profit...its the scammers that open programs for 1-2 months just to take our money..never intending to pay anyone.

Now I am done as I am not about to get into a back and forth with anyone ...we have nothing to prove.

Succes and Blessings to all

Nick stole his initial deposit----period.

To make it easy---if YOU invested 500 in a cd that paid 5% a year---at the end of the year you would earn approx $25. If YOU at the end of a year cancelled YOUR account and the bank gave you only the $25 you had earned----would that be OK with YOU? If so would you PLEASE invest with me and invite all your friends to do so also. I'll keep your initial deposits and give you the interest earned---will that work for you?

Exactly, read BEFORE agreeing to Terms of any program then take responsibility for their own actions.


Tappin