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Re: PIPS, Inc. Is Moving Forward |
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09-23-2005, 05:05 AM
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"Talkgold's Best" Club
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Join Date: Nov 2004
Posts: 4,096
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Re: PIPS, Inc. Is Moving Forward
Quote:
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.
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Quote:
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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
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Re: PIPS, Inc. Is Moving Forward |
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09-23-2005, 05:26 AM
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Experienced Ex-Mod
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Join Date: May 2003
Location: Phoenix, Arizona, USA
Posts: 10,665
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Re: PIPS, Inc. Is Moving Forward
Quote:
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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.
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Amazing. From what little I've picked up over time, I could easily 'shoot all these down', but - why waste my time, and that of others?
If I may, just 3 words - 'international financial cooperation'.
Might I suggest some 'actual research' into these matters? Reading the Patriot act (And, I reserve my opinion on much of it) should clear up a few 'minor' matters.
Sheesh!
Seriously, this borders on, and possibly crosses the line, into the ridiculous!
It would be easy to write pages on a 'considered' response to the above. (Please refer to my above 'statement' on time wasting). For those serious/curious, again, I might suggest - 'research'.
And, if I may, once more, my sympathies to all who have (NOT will!) lost in pips.
Much more, of course, but time will tell,
Jeff
__________________
Life is not measured by the number of breaths you take, but by the moments that take your breath away.
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Re: PIPS, Inc. Is Moving Forward |
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09-23-2005, 05:34 AM
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Experienced Ex-Mod
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Join Date: May 2003
Location: Phoenix, Arizona, USA
Posts: 10,665
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Re: PIPS, Inc. Is Moving Forward
(By the way, I'd be happy to join in a debate/discussion on any/all of the above points, as it seems to be that an open discussion on some 'points' mentioned might clear up some misconceptions. Anybody having actual references to REAL INFORMATION regarding the above, would be, in my opinion, welcome.
These are some of the 'points' that are used by many 'questionable ?investments?', and it seems to me that some REAL, FACTUAL information might be useful. After all, isn't education an important part of handling finances responsibly?
Just my opinion,
Jeff
__________________
Life is not measured by the number of breaths you take, but by the moments that take your breath away.
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Re: PIPS, Inc. Is Moving Forward |
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09-23-2005, 11:41 AM
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"Talkgold's Best" Club
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Join Date: Dec 2004
Posts: 2,275
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Re: PIPS, Inc. Is Moving Forward
haha as if using euros as the base unit instead of dollars would have _any_ effect on legality _anywhere_.
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