Post by Deleted on Aug 25, 2022 9:07:37 GMT
You are confusing the Bullion Gold Trading Program with the E65 Gold which was converted from HKD or Euro. The Bullion Gold Trading Program is independent of the E65 Gold. The only link to E65 is where some of the E65 gold was used to invest in the Bullion Gold Trading Program for the Ex-FDTN members. The Bullion Gold Trading Program started in 2017/2018 timeframe.
The gold which you are refering was converted in 2005 or later. I am not clear about the year since Mike was never clear in his updates and it was contradicting all the time. In any case, you will not receive anything more than what was agreed when this program started. He mentioned that in one of his recent updates about a reply to a lady. Although he did mention in the previous update that we will receive additional payout. Again, contradicting himself.
In fact, we must be prepared to give up approx. 40% of the payout for taxes and lawyer admin fee. I guess getting 60% is better than nothing (that is if there is even a payout).
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Mike also allude to this affect stating that there should be an increase in the possible payout by up 50%
Why he reversed this and stated that there would be no additional payments even thou the gold increased by almost 100% is a question that Mike can only answer.
As to what happened with the so called Hong Kong payout, I for one would like to know what happened. If you all remember Mike stated that there the member accounts had been processed and that there would be lawyers available to help with any tax issues so if that was the case what went so wrong that the payout never eventuated, what really happened?