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Some problems I'm having with CycleMeNow.com
Ragnafrak
post Aug 29 2004, 02:13 PM
Post #1


The new guy
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Posts: 1,511
Joined: 22-July 04
From: USA
Member No.: 28



Hi all, as I'm sure most of you are aware CycleMeNow had an astounding opening launch with their first $2 200% non-profit line some weeks ago.

I took part in that line, starting with only $10 I was able to buy 5 shares and reinvest multiple times to come away with $40 from that line. But, being that it was a non-profit line, I was aware that I couldn't withdraw any of that money until I invested it into a regular line.

So when their next $5 came along I thought, 'Great! I can buy 8 shares, and anything that cycles I should be able to withdraw!' Right? Wrong.

At first I cycled only 5 of my 8 shares in that regular line, but hey, that was still $50. I figured that since it all came from the regular line I should be able to use it. Nothing was happening for a while on CycleMeNow to the best of my knowledge so I decided to try and put those money's to use elsewhere... but that's not what happened. Here's the subsequent email thread I exchanged with the admin of CycleMeNow:

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From: admin@cyclemenow.com <admin@cyclemenow.com>
Reply-To: admin@cyclemenow.com
To: ragnafrak@gmail.com
Date: Sun, 15 Aug 2004 11:25:57 -0400
Subject: withdrawal request

Hi,

I am doing your withdrawal request. It seems you are not in the profit from the regular line. All profits from the $2 line have to be reinvested in a regular line because it is a no admin line.

You have earned $60 from the $2 line that has to be invested back. You invested back $40 so far. Leaving another $20 that has to be invested and cycled in a regular line before withdrawing. So I will leave this amount in your account so you can invest it.

Once you invest all of the profits I will have no problem fulfilling the rest your request. smile.gif

Thanks for your understanding of the no admin line.

Good Luck,

Kris Gardner
KM Gardner Enterprises, Inc.

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From: Lucas Peterson <ragnafrak@gmail.com>
Reply-To: Lucas Peterson <ragnafrak@gmail.com>
To: admin@cyclemenow.com
Date: Sun, 15 Aug 2004 10:48:31 -0700
Subject: Re: withdrawal request

Hi, Kris.

I'm not sure I understand-

Before the $5 line launched I only had $40 available in my acct on
cyclemenow, so I invested all $40 of it and bought 8 shares in the new
line. Subsequently, 5 of those shares cycled, returning $50 into my
acct. I thought that I would be okay in withdrawing that much since it
came from the new line.

I don't plan on leaving cyclemenow completely, for the moment I'm just
trying to pool as much free cash together as I can for another project
that I'm working on.


If I was mistaken and the $50 currently in my account on your site
isn't eligible yet for withdrawals I don't wish to create a fuss,
although it would help me quite a bit if you did complete my request.
tongue4.gif

Thanks,

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

From: admin@cyclemenow.com <admin@cyclemenow.com>
Reply-To: admin@cyclemenow.com
To: Lucas Peterson <ragnafrak@gmail.com>
Date: Sun, 15 Aug 2004 14:05:04 -0400
Subject: Re: withdrawal request

Hi Lucas,

You are able to withdraw $30 at this time. I will leave the $20 in your
available funds so you can invest it in another line. smile.gif Do you understand
my previous explanation or do you need more details? I just want to make
sure you understand how I came to the $30 amount. smile.gif

If you have any other questions please feel free to write me.

Thanks and Good Luck,

Kris Gardner
KM Gardner Enterprises, Inc.

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


At this point it was too late for me to do what I was intending with that $20, so I decided to just drop the issue and leave it in CycleMeNow for the time being.

As luck would have it though, recently my remaining 3 shares in that $5 line cycled! 'Great!' I thought. Maybe now since my total profits from the $5 line (8 $5 shares at 200% now being $80) exceeded the number she was telling me I had in the $2 line ($60) she'd let me withdraw the rest of my account balance.

You can probably tell from the amount of space left on your scroll bar that there's still a bit more to this little story. Here's what she sent me:


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

From: admin@cyclemenow.com <admin@cyclemenow.com>
Reply-To: admin@cyclemenow.com
To: Lucas Peterson <ragnafrak@gmail.com>
Date: Sun, 29 Aug 2004 17:10:43 -0400
Subject: Your withdrawal request

Hi,

You are not in profit from the regular line at this time. You have made $60 from the $2 line and have only invested $40 into the $5 line.

Leaving another 20$ that must be reinvested and cycled in a regular line.

I will grant you the $30 difference and put the $20 back into your available funds.

Thanks and Good luck!


Kris Gardner

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

Hey! De Ja Vu! It goes on, by this point I'm a little miffed.

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

From: Lucas Peterson <ragnafrak@gmail.com>
Reply-To: Lucas Peterson <ragnafrak@gmail.com>
To: admin@cyclemenow.com
Date: Sun, 29 Aug 2004 14:25:58 -0700
Subject: Re: Your withdrawal request

Hi again,

I don't see why I shouldn't be able to withdraw my profits from the
normal Line.

Look, I started with $10. I then bought 5 shares of the $2 non profit
line, then using some money from cycled shares there I bought 5 more
shares, then using profit from those I bought 5 more shares. I can see
how that makes it look like I've made more profit in the $2 line than
I actually did, but the FACT remains that I only came out of if with
$40 in my account. ALL of which I invested in the regular line. So ALL
profits of which I should be able to withdraw should I so choose.

I'm becoming increasingly frustrated with you're inability to see this
simple math. You can look at the time stamps on my cycled shares and
see that I'm right.

I already missed investing that $20 the first time because you
wouldn't give it to me then. At that point though it was too late
anyway so I didn't press the issue.

I'd planned to invest this withdrawal in another venture tonight. If
you're not able ot process my payment before, then I'll be out even
more money.

Please send the full amount of my withdrawal request. I've
successfully reinvested EVERY CENT of my monies from the non profit
line. Again, look at the time stamps on my shares if you can't see
that I only came away from that line with $40 and NOT the $60 that
you've repeatedly told me I did.

Regards,

Lucas

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

From: admin@cyclemenow.com <admin@cyclemenow.com>
Reply-To: admin@cyclemenow.com
To: Lucas Peterson <ragnafrak@gmail.com>
Date: Sun, 29 Aug 2004 17:40:13 -0400
Subject: Re: Your withdrawal request
Hi Lucas,

You bought and cycled 15 shares at $4 a piece. Simple math is 15x4=60. You
then bought 8 shares at $5 a piece. 8x5=40.....So using simple math you can
see that you have not reinvested all the profits, which are $60 from the $2
line. 60-40=20 that is still left to invest.

I don't know how else I can put it any simpler for you to understand. But
criticizing me isn't going to get you anywhere. If you continue to try to
withdraw the $20 that you are unable to withdraw at this time it will get
your account suspended. This is the second time I am being nice enough to
credit it back after you knowingly keep trying to withdraw it.

The time stamps do not mean a thing. It's the line you are purchasing into.
If you are using your profit to buy into the same non-profit line it still
must be reinvested. It is not cycling from a regular line.

I hope this helps you to better understand the procedure.

Thanks,

Kris Gardner

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

From: Lucas Peterson <ragnafrak@gmail.com>
Reply-To: Lucas Peterson <ragnafrak@gmail.com>
To: admin@cyclemenow.com
Date: Sun, 29 Aug 2004 14:54:05 -0700
Subject: Re: Your withdrawal request

> You bought and cycled 15 shares at $4 a piece. Simple math is 15x4=60. You
> then bought 8 shares at $5 a piece. 8x5=40.....So using simple math you can
> see that you have not reinvested all the profits, which are $60 from the $2
> line. 60-40=20 that is still left to invest.

I put $10 into the $2 line, which became $20. Then I put in $10 more,
which became $20. Then I put in $10 more which became $20, leaving me
with $40, not $60. Reinvesting should NOT be as hurtful as you're
making it out for me to be.

Again, the evidence of my reinvesting is in the timestamps of my cycled shares.

How am I supposed to have put $60 into the new $5 regular line if I
only came away with $40? You're telling me to reinvest my earnings
from the REGULAR line (8 shares bought for the entirety of my $40
which became $80 after it cycled) in order for me to make up for the
extra $20 you're saying I made in the non-profit line.

How can I reinvest money from the $2 line that I never received?

Regards,

Lucas

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

From: admin@cyclemenow.com <admin@cyclemenow.com>
Reply-To: admin@cyclemenow.com
To: Lucas Peterson <ragnafrak@gmail.com>
Date: Sun, 29 Aug 2004 18:09:48 -0400
Subject: Re: Your withdrawal request

Lucas,

I am not telling you to reinvest the profits from the regular line. I have
already paid you a total of $60. It isn't like I'm trying to keep your
money.

Again the time stamps do not matter. I think you are getting a little
confused because you bought back into the $2 line with your profit. Making
you think that you are able to withdraw when that cycles, but it is still
the no admin. line. Meaning it must be reinvested, again.

You bought 15 shares in the $2 line. It doesn't matter what or when you
bought them. That gives you $60 that must be reinvested. There is no way
to figure it out any differently.

You bought 8 shares in the $5 line which is only $40. Why are you making
this so complicated? Are you not happy with the $60 I have already given
you? All I'm asking is for you to follow our policy. It's only $20. I am
launching another line hopefully this week and you can double it again and
withdraw at that time.

I don't understand how I'm making this hurtful. I don't want you to be
upset or frustrated. I have had no problem giving you what you were in
profit plus your own deposit. Other programs wouldn't even let you take
that out until you were showing all profit. I have at least given you $60
which I feel is the right thing to do.

Please forgive me if I am not explaining this correctly. I really want you
to understand how it works.

Regards,

Kris Gardner

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

What do you guys think? Am I wrong?

I realize it's pretty trivial to be going to such lengths over a measily $20, but to me, even this much is worth fighting over.

At this point, I'm already in the same situation as I was before. It's too late to do what I was planning with this $20, so I might as well just leave it. Actually, that's going to end up being what I do.

Still, what do you all think of the situation? Should reinvesting in a non admin profit line rack up higher profits than what you actually come away from the line with? Should you be _forced_ to reinvest equally in regular lines in order to be flush with your (in my eyes) ficticious No admin line profits or else be unable to withdraw your balance from your account?

Thanks,

Lucas


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ASFx
post Aug 29 2004, 02:22 PM
Post #2


MMG Admin
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Posts: 6,988
Joined: 17-July 04
From: California
Member No.: 2



I agree with you. It looks like her math was off on her email to you. You reinvested all of it and cycled it all, so of course you should be able to withdraw it all. I dont see where the problem lies. You cycled 5 shares of $2 for $10 and ended up with $20 total. Then you bought 5 more for $10 and ended up with $30 total. Then you bought 5 more and ended up with $40 total. That's only $40 not $60 smile.gif


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Rutt
post Aug 29 2004, 02:36 PM
Post #3


New MoneyMaker
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Group: Member
Posts: 16
Joined: 7-August 04
Member No.: 66



She's not looking at the right set of numbers. The total amount of money he received from the $2 line was $60. However, he reinvested $20 of those dollars to bring his total to that. So his total profit was $40. She's not seeing the reinvestment as detracting from the total.

If you look at the math in her own posts, she's saying he invested $40 in the $5 line and all his shares cycled, so he made $80. He should be able to withdraw $80. The other $20 doesn't even exist in his account.
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webjewel
post Aug 29 2004, 04:35 PM
Post #4


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From: London
Member No.: 4



I think Kris is getting confused and has too much on her plate smile.gif
I don't think she should bother with admin free lines as it is creating too much work for her. She has to go through every account to work out if you can have the money or not....ridiculous.
Woe betide if you ask for a withdrawal and you have forgotten the rules...you will get a nasty letter back saying that she will leave your money in the withdrawal where you left it... :?:
Someone hacked my account and tried to withdraw 3 times and she went crazy at me even though it wasn't me.
She needs to chill and get more professional... smile.gif


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aatorix
post Aug 31 2004, 04:57 AM
Post #5


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Posts: 275
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From: SC, USA
Member No.: 64



:? Over time, I've found Kris's attitude toward her participants to be very intolerant. People who ask questions are called liars and told they will not be tolerated on"her" site. I made the mistake of asking a question and was told off. One of her toadies called me a coward??? I decided just not to say anything else and wait til my money gets in my account, and see if I can't withdraw and go quietly on my way. Luck to you.


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