Withdrawal Excuses Just Cannot be REAL!

ryanmiller · #1 05-16-2005, 06:18 AM

Blah blah blah excuses that just don't make sense have appeared in many forms since October 2004 but we just need to consider the reality of the situation.......

I am studying economics at UNI and in a recent discussion with a fellow student he asked, "Isn't it true that PIPS could've VERY EASILY set up an offshore bank account to deposit funds into specifically for Wire Transfer WD's when the WD problems began back in October last year????"

The answer to this is a simple yes and it could've been set up in days or a maximum of 6 weeks if there were extreme problems. The only reason it would take longer than 6 weeks would be the lack of liquid funds.

The speedywallet problem was also due to a lack of liquid funds.

In reality there has not been one excuse that holds any validity if there were liquid funds available for WD's.

No matter how you look at it, there is not enough liquid funds to payout WD's and that's that. If the money was there and available there are many simple solutions to administer the task.

Kiwi · #2 05-16-2005, 07:18 AM

I have to agree it does appear it's going down the tubes although I have heard rumours that buying something from the PicPay merchants seems to work, anybody received goods that they have purchased with PicPay? might be a good way to get some of your cash out - also I have been watching this guy punkyg, what is that all about seems to be alot of **** goes his way, does he know something that I don't about PIPS cause I would appreciate any info that I am not privvy to, I have had a small investment in PIPS so all information is good punkyg.

paddybawn · #3 05-16-2005, 07:40 AM

punkyg is a ghost-writer from PIPS...the whole point of punkyg is to shout down anything that is said questioning the current problems at PIPS..don't expect punky to answer questions..PIPS and by proxy punky don't do answers..you see it's not their thing

pluggy · #4 05-16-2005, 12:54 PM

Punkyg is deeper than just Pips, he's cheerleaded pretty much every major scam in several years by all accounts. I remember him cheerleading 4 during my time (FF,FLO, PIPs and another I can't remember) Ask some of the really old hands on here and they'll tell you he's been round a lot longer than that with varous usernames. From experience, what will happen is this, he'll stop posting, leave it a week or two and then he'll go round and delete all his posts. Then he'll go quiet for a while and then pop up on another dying HYIP and start cheerleading that. Hey punky, if you cut this one loose now, you could move onto IT4US, that currently half paying ponzi could use your help......

punkyg · #5 05-16-2005, 01:15 PM

Quote:

Originally Posted by pluggy

Punkyg is deeper than just Pips, he's cheerleaded pretty much every major scam in several years by all accounts.
Pluggy, Pluggy, you're into the sauce again. I do not cheerlead or refer, defend maybe.

I remember him cheerleading 4 during my time (FF,FLO, PIPs and another I can't remember) Ask some of the really old hands on here and they'll tell you he's been round a lot longer than that with varous usernames.
Again, get your facts straight. I did not defend FF and I wasn't in FF. As for user names....only 2 in 6 years.

From experience, what will happen is this, he'll stop posting, leave it a week or two and then he'll go round and delete all his posts. Then he'll go quiet for a while and then pop up on another dying HYIP and start cheerleading that. Hey punky, if you cut this one loose now, you could move onto IT4US, that currently half paying ponzi could use your help......
Pluggy...How many scams have YOU been in over the past 6 years? Remember as you count.....you guys say that 99% are scams!

kpaddle · #6 05-16-2005, 01:46 PM

I like punkyg's new signature. He is so dumb that he can't tell when he is describing himself.

Don't expect any answers from punkyg. He is just here to entertain us and he is very entertaining.

pluggy · #7 05-16-2005, 01:53 PM

Its a pity TG's database has been mangled or it would have been possible to prove you 'defended' FF. I'll leave the reader to decide wether you're cheerleading or not.

I've been involved in quite a few scams (every HYIP in fact), but I've never pretended they were anything other than scams. I've never called anyone an idiot or stupid because they thought something was a scam or because they didn't believe what the admin / figure head / diety said they should believe. Pips is just another in a very long line of ponzis that have treaded the boards, its not the first and it won't be the last. I havn't dedicated MY life to the perpetuation of the species......

dogman · #8 05-16-2005, 02:24 PM

Ah, it seems Punkyg has run out of things to say, so he just copies and pastes everything and adds his new signature line to the post. And Punkyg, stupidity is falling for the same excuses from Pips over and over again.

And the same excuses that you listened to from FLO, you are now listening to from Pips. And still you believe them.

TonyUK · #9 05-16-2005, 02:25 PM

Quote:

Originally Posted by pluggy

I havn't dedicated MY life to the perpetuation of the species......

Stephen, its cruel to use long words like this - punky does not stand a chance !

maouse · #10 05-16-2005, 08:35 PM

Quote:

Originally Posted by ryanmiller

Blah blah blah excuses that just don't make sense have appeared in many forms since October 2004 but we just need to consider the reality of the situation.......

I am studying economics at UNI and in a recent discussion with a fellow student he asked, "Isn't it true that PIPS could've VERY EASILY set up an offshore bank account to deposit funds into specifically for Wire Transfer WD's when the WD problems began back in October last year????"

The answer to this is a simple yes and it could've been set up in days or a maximum of 6 weeks if there were extreme problems. The only reason it would take longer than 6 weeks would be the lack of liquid funds.

The speedywallet problem was also due to a lack of liquid funds.

In reality there has not been one excuse that holds any validity if there were liquid funds available for WD's.

No matter how you look at it, there is not enough liquid funds to payout WD's and that's that. If the money was there and available there are many simple solutions to administer the task.

One Billion dollars BEHIND ON PAYOUTS and counting. And that is a conservative estimate based off of PIPSter's own POLLS on their own website.

First question of validity: Was PIPS'/PICPAY's computer system ever really hacked? Any evidence of this? No. Not one shred other than Bryan's word.

Next question of validity: Are banks bad Fudiciary houses? Do they tend to NOT DO what you want them to with your money/funds? No. Not one shred of evidence to indicate this from 100% of the rest of the banking world other than Bryan's word.

Is PIPS valid: Has Bryan ever said how it operates? No. In fact, in his speaches he says HE WILL NOT SAY how he does it. If you want that information he says "YOU WILL NEED A FEW MILLION." But the question is this: why would he tell anyone? How can he if he is running a scam. It is a cover story. A con. He's betting nobody in the room HAS A FEW MILLION. What does he say when someone does? "I still won't tell you, but look at all the bells and whistles!" Yep. Bryan Marsden has NEVER PROVEN the validity of PIPS with anything other than his word.

Bryan Marsden now faces about a billion dollars in payouts that he is behind. Whether he "matched" funds from his businesses that weren't worth 4 billion a year ago, or the 2% program is inclusive of his businesses 60% share, he still needs a market to trade about 60 billion a day on. That is a lot of money for an office with three desks. And no known trading software. And no known market. And no known broker or clearing house. The logical conclusion HAS TO BE that he is behind NOT because banks aren't valid, or that cyber hackers attacked his system, or that his system is valid. The logical conclusion HAS TO BE that he is behind because HIS WORD IS NO GOOD.

-Marcel