PIPS, Inc. Is Moving Forward

[notjomoma]

Originally Posted by punkyg
lolmiki

The web sites will be back up regardless of what the "trolls of TG" have to say. It would be best for you to wait until then and your problem will be addressed.

These obviously uneducated individuals get their jollies from posting opinions based on what they think should happen. The reality is NEVER what they say it will be.

Charles Ponzi originated what came to be called "ponzi schemes" where original members were paid with the funds from new members. This is illegal because there is NO trading involved.

PIPS, on the other hand DOES NOT fit this profile. They have demonstrated to the BoN that trades have been and will continue to be involved, so PIPS is not a ponzi. Case closed.

Here is the reality that PIPS members put up that these trolls say is typical nonsense:

a) they're not securities!

Regardless of what the US says, this is true and when Bryan changes over to "euros" instead of "USDs", this will no longer be an issue.

b) it's a loan and not an investment!

This is a technicality that the US plays to the hilt.

c) the SEC has no jurisdiction over offshore funds!

Correct me if I'm wrong, but I thought that US citizens had rights.....I guess I was wrong. The US runs a Social Security system that is the world's biggest ponzi.

d) these are "private transactions" and so are exempt from regulation requirements!

This is correct and these are exempt IF the US members pay taxes on their returns. They allow private/public corporations to participate in these, so unless the US has double standards, there is no reason why citizens can't do the same.

Originally Posted by notjomoma

Here another FACT for you baghdad bob, your interpretation is your BS. My post was from the SEC regulations. But you never addressed marsden's lies like his claim that they were already registered. Enough of your blowing smoke. Show me where they are registered any where on the planet except as a Venture capital in Malaysia. The Trust was a PO box in NZ and the paper work in Panama has expired, both because marsden was preparing to make a run with the money.

They meet none of the qualifications for a private investment in the US and if they did where was their prospectus and why isn't a matter of public record since it would be recorded.

A HYIP scammer like you arguing this is like a one legged man in an a*s kicking contest. Now crawl back under that rock but before you go why don't you tell us more about those water purifiers that were never delivered.

You're just another Pippie on the road to nowhere.
http://wwsn-forums.com/forum/index.p...pe=post&id=820