Latest GoldNow Update! June 21st!

[thedreamteam2006]

UPDATE! June 21st. We had our meeting yesterday... essentially, what we agreed on is that GoldNow can run the majority of buy/sell/exchange orders using IT as an efund provider, which will also eventually interface to the Smart Card. I also encouraged Mac to charge a minimum fee of $1 per transaction, for person to person spends within IT (and to us). There was no time frame discussed. My opinion is that IT would make a fine efund provider, with such a large customer database. Stay tuned!

Discuss!!!

[promatic]

Hmmm, looks good, but why was there no time frame discussed? Isn't that the most important thing?

[thedreamteam2006]

Just relaying what I found on the Goldnow site.....other then that I do not want to speculate

[Kiss]

No timeframe tells the story.

[silvermoon]

<<No timeframe tells the story.>>

Actually no trimeframe sounds quite discouraging. Especially coming from Graham.

Anyone has heard from him on a personal basis? He does sometimes give more information one on one than publicly.

Boy! I was starting to believe in the resurrection but now, after this...



PS Why would Graham suggest Mac to charge $1.00 per transaction for member to member transfers? Did Mac mention that he needed to generate revenues...?

[countrytec]

My opinion is that IT would make a fine efund provider, with such a large customer database

I didn't think there was a need for any other efund provider other than Goldnow, that was the job Kelly was to do...geez I need a score card to keep up.

What is hard about this Mac?

Give Goldnow cash, if there is any left, then Goldnow gives it to us to use as we wish.

IT would seem that Kelly is backing away from being the Sole exchanger also...

[Foolmeonce]

No Time Frame = No Money

[Nonumnos]

Not discussing any timeframe for payouts after making us wait for over 2 months says to me that Mac is an even bigger piss ant than I thought he was; the guy really needs to be turned upside down and our money shaken out of his pockets.

If he EVER lives up to his own Mission Statement it'll be a miracle. If he doesn't I wouldn't want to be in his shoes.

[Prosecutor]

You know when I saw this I thought OMG the members are finally going to get paid. But this no timeframe thing is most discouraging. We've been given a timeframe of 2 to 3 months and now no timeframe is discussed at all with their primary exchanger. Efund provider sounds like everything is being tied into Mac's "vision" of having his own ecurrency. I have been aboard the sissyfied garbage barge since early morning, I wonder how many can see this as a positive sign.

[davinci]

Could the no time frame be in reference to Mac chatging $1 per transaction? Mac's gotta feed the ponzi!