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Post by Deleted on Oct 9, 2022 11:22:28 GMT
You may be right with your assessment of option 1 as the donations are still rolling in, they are now over 42K. I remember may years ago Mike did a PLA and offered 1000:1 to anyone who assisted, so maybe he has made the same offer now.
I also think that my initial assessment that the bullion group will get paid but the E65 group will not still stands, lets face it folks the gold and silver investments that Mike fronted could be seen as a legitimate investments, and they may have been, but the E65 program, whilst the concept was sound the management of the program was basically a basket case from day one.
How many times have we all had to provide our contact details, or sign NDA's or some other issue that should have been captured in a data base from day one. Sorry folks if you think that I am being negative but I think we have face reality. I am prepared to discuss this or anyone else's opinion's with you all but I will not accept abuse like what is dished out on the other form
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Post by Deleted on Oct 12, 2022 7:05:49 GMT
I like your optimism, but your logic is slightly off. Just because one program MAY pay out does not automatically mean that the other will too. The bullion group basically have nothing to do with E65 other than the same program manager i.e. Mike, and maybe a few E65 members that took up Mikes offer when he floated the prospectus's.
The only reason E65 as an entity is mixed up in this current debacle is because the so called pay-out that was supposed to happen in Hong Kong failed, for what ever reason, no one seams to know or is prepared to divulge.
When you look back over the past 20 something years and analyse the failures that have occurred, it is no coincidence that this program was doomed to fail from the beginning.
I very much hope that I am wrong but I feel that time will prove me right.
I might also add that it has been almost 2 months since there was any meaningful update from Mike which sounds very much like what happened after HK, lets hope we don't have to wait another 12 months to find out that we have to start filling in more forms.
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Post by retired on Oct 13, 2022 4:33:04 GMT
I also think that my initial assessment that the bullion group will get paid but the E65 group will not still stands, lets face it folks the gold and silver investments that Mike fronted could be seen as a legitimate investments, and they may have been, but the E65 program, whilst the concept was sound the management of the program was basically a basket case from day one. How many times have we all had to provide our contact details, or sign NDA's or some other issue that should have been captured in a data base from day one. Sorry folks if you think that I am being negative but I think we have face reality. I am prepared to discuss this or anyone else's opinion's with you all but I will not accept abuse like what is dished out on the other form I don't think anyone can dispute your assessment about the E65 program. It has been a mess. Can you or someone explain why the gold and bullion programs are viewed as more legitimate investments? I am not involved with either program, and all that I know is what I have learned from this site. How were these programs handled differently? |
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Deleted
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Post by Deleted on Oct 13, 2022 7:17:15 GMT
I also think that my initial assessment that the bullion group will get paid but the E65 group will not still stands, lets face it folks the gold and silver investments that Mike fronted could be seen as a legitimate investments, and they may have been, but the E65 program, whilst the concept was sound the management of the program was basically a basket case from day one. How many times have we all had to provide our contact details, or sign NDA's or some other issue that should have been captured in a data base from day one. Sorry folks if you think that I am being negative but I think we have face reality. I am prepared to discuss this or anyone else's opinion's with you all but I will not accept abuse like what is dished out on the other form I don't think anyone can dispute your assessment about the E65 program. It has been a mess and has many elements common to scams. Can you or someone explain why the gold and bullion programs can be seen as legitimate investments? I am not involved with either program, and all that I know is what I have learned from this site. How were these programs handled differently? I don't know the whole story because at the time I thought that the gold programs that Mike was sprucing were borderline scams so I really didn't look into them fully. I do know that at the time Mike had a so called legitimate gold investment business in Indonesia that was offered to all members of E65, so that is why I say that the gold programs are a separate issue to the E65 program. As for Admin's comments regarding the lawyers, I don't know how much is involved with the gold programs as revenue for the law firm but it would take a brave man to walk away from the revenue that could be earned from E65 if the program is legit, if it's not then the previous comment is irrelevant. |
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