
08-14-2003, 03:03 PM
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Newbie Amateur
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Join Date: Aug 2003
Posts: 10
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2 weeks and 1 day ago they wrote this:
Quote:
Dear EIC Members and Friends,
This is a very disappointing update, for many a reason. I have been holding it off, hoping things would turn out positive, but it has not happened.
I am sorry to inform you that Harold Demure, my friend and partner, has decided to leave EIC. This was due to a series of reasons, mostly of a personal nature.
While I want to reassure you all that your funds are safe, there was no hacking, stealing, appropriation of any kind, I also must tell you that it was Harold who had contacts with traders and financial counterparts.
I am now left with the task of managing the funds, and it is not an easy one. It will be a complex one, and it may take some time, as my expertise is in different fields. Given the above situation, I am forced to implement the following changes with IMMEDIATE effect, for a period of at least 10 days.
1) All interests are set to 0 until further notice. I expect the interest to be restored to normal within 2 weeks.
2) All withdrawals are palced on hold for the same approximate timeframe, i.e. 2 weeks from today.
3) Hold time on both programs is extended to 90 days.
EIC Update - IMPORTANT NEWS!
I know these measures are not going to please you, the members, but this was the only acceptable course of action to be taken to keep the program alive. I hope you understand that these measures are only taken for the sake of EIC's overall stability, because even through hard times, EIC is here to stay!
Thanks for your understanding and support.
Best regards,
Colin Vincent
EIC Admin
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I still waiting for my withdrawal!
who knows something about their momentary situation?
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