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Post by dolphan on Aug 3, 2022 2:53:09 GMT
I don’t know, it’s hard for me to believe at this point. This is the second time now he is asking for donations. My mind is telling me that there is no way mike is going to produce millions of dollars to me. All the unpaid policies and key apps I bought are worth millions and I truly believe I won’t see a dime. It all seems like a big game, give us some info, boost our spirits…ask for money. Show ‘proof’ of a lawyer conversation, boost our spirits…ask for money.
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Post by punipa16 on Aug 3, 2022 4:14:58 GMT
It would help if he wasn't giving fuel to the fire of a known liar. I hate to respond selfishly but asking for money when you should be providing money is never going to go well and leads to distrust.
Always stay on the fence until proven otherwise. I'm not waning until actual proof is provided. Conversations with lawyers ain't it. Proof of payout or nothing.
Until then, it's all hot air. All of it. Including asking for money.
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Post by grayeagle on Aug 3, 2022 12:30:58 GMT
Since there isn't much to do, I started reading a little closely. What caught my eye, is in the last paragraph of the first post (just before the email conversation) it says that members have been able to make a withdrawal. A bit strange when everything is still blocked and and they are waiting for the funds to be released.
Hmmm...
It is just an observation though.
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Post by Deleted on Aug 4, 2022 7:21:06 GMT
I agree I do remember that the admin team mentioned in a previous telegram posting that this may be an option for Mike while we all wait. Seams this is not the case
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Post by Deleted on Aug 19, 2022 6:22:22 GMT
I am a firm believer that there is in fact a law firm, but the only group that will see anything will be the bullion group. I have serious concerns that the e65 groups will just get excuse after excuse. I could be wrong but I guess we will just have to wait and see. Don't any E65ers hold your breath.
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Post by Deleted on Aug 20, 2022 4:51:14 GMT
Mike has previously promoted the bullion both on the E65 platform and on other platforms and I believe that what he has invested in on that side is legit (up to a point, hence the alleged fines by the SEC). I have serious doubts that E65 was ever legit. My prediction is that the Bullion group will be processed and then there will be another hurdle that Mike comes up with that will prevent E65 from seeing any closure. Don't forget this is now about the forth time we have got the program to this point and there always seems to be something that prevents it from moving forward to completion. I would love to be proven wrong on this front but history is against the completion that we all would like to see.
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Post by Deleted on Aug 20, 2022 12:56:26 GMT
The bullion group is not necessarily limited to the E65 group, the investment in gold via the bullion group was made available to the EXfdtn members of the E65 program if they wish too but primarily the gold investment was independent to E65. I have no idea why Mike is perpetuating the E65 program, from all of the lies and contradictions over the years there does not appear to be any logical reason as to why he still pushes the legitimacy of the program but as we all know we are now in our 23 year it is still going. I know there are a number of people who say that Mike ripped of millions but lets be honest, we all know that every one of us joined E65 knowing that the final completion was at best a maybe so getting upset like some so called members have been doing (and we all know who I am referring to) is a wate of time and energy. I was like you but over the years I think I have become jaded and hesitant regarding the legitimacy of the program, heaven knows I wish it was legit As to the bullion program I do believe that the gold investment he promoted may be the only legit investment that he has been involved with
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Post by Deleted on Aug 21, 2022 8:08:18 GMT
I hope you are right, but the latest update doesn't indicate that it will any time soon.
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Post by Deleted on Aug 21, 2022 11:24:32 GMT
I agree with admin with regards to the verification of funds, I don't know about anyone else but I have very few records of any payments made to Mike due to floods that destroyed much of our possessions.
There is also the value of the funds that are of concern for E65. I have made some simple cals on the value of what is involved below and only used 50% of the possible referral payments that should have been allowed for in the initial program details (20 odd years ago)
As you all can see we are talking about an astronomical amount that the US gov could hold up for an indefinite period if they wanted to ( that is if the funds are actually there) if Mike is unable to provide sufficient documentation that confirms the source of initial funding.
Mike referral's $100,000,000.00 Policies $2,000,000,000.00 Referral's $50,000,000.00 Key Policies $4,000,000,000.00 Key Policies Referral's $100,000,000.00 $6,250,000,000.00
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Post by retired on Aug 21, 2022 17:39:31 GMT
I think I have forgotten a lot about this program over the years. 1. What is the initial source of funding? I thought originally it came from a benefactor. 2. What is the bullion program, and why is an American securities agency (SEC) getting involved with this program? 3. Is Mike in Montreal to be closer to the law firm, and was that necessary, as it is a big sacrifice to leave his family for such a long time.
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Post by retired on Aug 22, 2022 0:30:13 GMT
Mike referral's $100,000,000.00 Policies $2,000,000,000.00 Referral's $50,000,000.00 Key Policies $4,000,000,000.00 Key Policies Referral's $100,000,000.00 $6,250,000,000.00 I knew the lawyers would get wealthy over E65, but I never suspected they would get 10% of this unbelievable amount.
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Post by grayeagle on Aug 22, 2022 3:31:07 GMT
Mike referral's $100,000,000.00 Policies $2,000,000,000.00 Referral's $50,000,000.00 Key Policies $4,000,000,000.00 Key Policies Referral's $100,000,000.00 $6,250,000,000.00 I knew the lawyers would get wealthy over E65, but I never suspected they would get 10% of this unbelievable amount. This may be a little side track but can anyone tell me when Mike decided to invest the money in gold? Just the year should be sufficient.
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Post by Deleted on Aug 22, 2022 6:31:26 GMT
I knew the lawyers would get wealthy over E65, but I never suspected they would get 10% of this unbelievable amount. This may be a little side track but can anyone tell me when Mike decided to invest the money in gold? Just the year should be sufficient. I think it was some time between 2017 and the start of 2018 I remember when he started the first VSB telegram channel he was talking about the returns that would be achieved from the gold, I also remember the original VSB website is where he first started sprooking his gold platforms It was 2020 when he opened it up the members of the EXfdtn group to invest some of the expected E65 returns
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Post by grayeagle on Aug 22, 2022 15:04:36 GMT
Thank you cramer. I would like to mention at this time that I have mixed feelings about this. But if this is all true and the time comes, I will not be surprised if there are problems again. I have to admit that I don't quite agree with the information (between 2017 and the start of 2018) because I know I have had a discussion about it. I went searching and found the following. It was an update (probably still from the Virtualsafebox) and to be exact: update #73 (probably round june 2018) I do have a copy of the mail but I can't find the original mail (yet). You can read what Mike writes in the first lines, the funds were thus not converted at the end of 2017- beginning of 2018 but years before. This was in my opinion (I could be wrong) that he was talking about how gold increased in value. So we were going to benefit from the capital gain. I would have to look further but I remember Mike telling us afterwards that we could expect between 30%-50% more of what was coming to us. Meanwhile, we are now another 4 years down the road. At the time of this writing the value of gold is about $56.30 per gram When Mike started the Telegram Channel, he posted a message from a lady who was wondering why we would only get 30%-50% more while the price of gold has increased more like 100%. Again, I am thinking hypothetically Since I am only a small participant (I mean I get a little more than the minimum) then I am not worried. But for the people who have invested well and have their funds turned into gold, which over the years has created a nice return of over 100%. these people are now being told that they are going to get a maximum of 30%-50% of that. Isn't that terrible. On the other hand no payout, no money. Attachments:
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Post by Deleted on Aug 23, 2022 12:44:08 GMT
I agree with admin and Greyeagle and this is what I have been saying in previous posts. there are far to many contradictions in the updates that we have received over the many years. I remember both the updates above, and was quite confused when the second one came out. I am not sure what forced the back flip but I have to say that it is just another nail in the coffin of E65. I don't want to be a downer but I will say it again that I firmly believe that the bullion group will get payed out and there will be some issue that will prevent the E65 side of the program from completing, probably something to do with the US gov, even if they do release the name of the law firm as was stated in the recent update.
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