QUOTE
We would like to inform all our members that starting from Tuesday, March 20, 2007 we will disable the option ‘’Deposit from Available Balance’’ in The Investors Corner.
Starting from Tuesday, March 20, 2007 new Standard Plans can be subscribed only via e-gold, e-bullion, AsianPay Payments, International WIRE or Bank Deposits in Thailand.
Special Plans will continue as before allowing subscriptions only from E-gold and E-bullion.
We would like to underline once more that we are delaying withdrawal requests to keep the cash-flow issue under control and to protect all of us. Please be patient. We are doing it slowly but providing withdrawals every day and the situation will recover to standard in about 3 weeks.
Once more we need to carefully manage to help the business. The option "Deposit from Available Balance" was allowing some kind of compounding that basically is not allowed from our Terms & Conditions since the beginning of the program. Regretfully, at the present time, we absolutely can not offer more profits then the one we offer so this kind of compound option has to be closed.
We thought was better to leave to our members a few days to eventually make some more subscriptions with their available balances, especially considering the strict management we are doing of the withdrawals requests. Waiting the 3 weeks mentioned above while we will restore the standard schedule, to subscribe a new plan from the available balance could worth the delay in receiving the withdraw, so do it before Tuesday if you wish.
We are sure that all our membesr has now undnerstood that subscribing a plan using e-gold or e-bullion, buying or selling with us e-gold and e-bullion is a part of your commitment participating in The Investors Corner.
You can help first yourself then all the other members and us also, promoting our community online especially with refernce of the services povided from Thailand Gold Exchange. We have the best fees ever.
Starting from Tuesday, March 20, 2007 new Standard Plans can be subscribed only via e-gold, e-bullion, AsianPay Payments, International WIRE or Bank Deposits in Thailand.
Special Plans will continue as before allowing subscriptions only from E-gold and E-bullion.
We would like to underline once more that we are delaying withdrawal requests to keep the cash-flow issue under control and to protect all of us. Please be patient. We are doing it slowly but providing withdrawals every day and the situation will recover to standard in about 3 weeks.
Once more we need to carefully manage to help the business. The option "Deposit from Available Balance" was allowing some kind of compounding that basically is not allowed from our Terms & Conditions since the beginning of the program. Regretfully, at the present time, we absolutely can not offer more profits then the one we offer so this kind of compound option has to be closed.
We thought was better to leave to our members a few days to eventually make some more subscriptions with their available balances, especially considering the strict management we are doing of the withdrawals requests. Waiting the 3 weeks mentioned above while we will restore the standard schedule, to subscribe a new plan from the available balance could worth the delay in receiving the withdraw, so do it before Tuesday if you wish.
We are sure that all our membesr has now undnerstood that subscribing a plan using e-gold or e-bullion, buying or selling with us e-gold and e-bullion is a part of your commitment participating in The Investors Corner.
You can help first yourself then all the other members and us also, promoting our community online especially with refernce of the services povided from Thailand Gold Exchange. We have the best fees ever.
I am sure all members of AP have received the email above. So, if you read between the line carefully, there is a possibility that e-gold withdrawal can delay up to three weeks.
However, what strikes me the most is the following statement:
QUOTE
Once more we need to carefully manage to help the business. The option "Deposit from Available Balance" was allowing some kind of compounding that basically is not allowed from our Terms & Conditions since the beginning of the program. Regretfully, at the present time, we absolutely can not offer more profits then the one we offer so this kind of compound option has to be closed.
"Deposit from Available Balance" is some kind of compounding, but when you make some money in your Available Balance, later withdraw it to e-gold, and subscribing to new available plans from e-gold is not compounding. You guys see any logic in this?
OK, fine! May be that's one way to get around the compounding issue. After all, e-gold is beyond AP's control. However, when AP delays withdrawl to e-gold but wants people to invest from e-gold, is that a way to try to attract new investors at the expense of existing members. For members who have been painstakingly waiting for your withdrawal, would you still promote to your friends to invest in AP?
Now, more interestingly, for those of you who subscribe to Share Plans, when all daily profit and principal payback as you may have noticed are paid to you Share Balance, nothing can be withdrawn, and that is NOT componding?
Anyone care to comment on this?