fisher
Full Member
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Posts: 162
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Post by fisher on May 17, 2023 20:38:04 GMT
A big and important update.
I have to gather my thoughts first before commenting it. 🤔
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on May 18, 2023 6:27:25 GMT
A big and important update. I have to gather my thoughts first before commenting it. 🤔 I would say that it was an interesting update and somewhat positive for the bullion group. It is disturbing that the feds tried to have another bit at the cherry and lucky for the bullion group the lawyer was able to sort it out. With that said I agree with the admins in that, this first round is much smaller in value and numbers to follow wite the main group, if the feds are still trying to law some of the proceeds now what are they going to be like when the behemoth that is e65 is put in front of them. I can see them doing what ever they can (legally) to seize the whole lot. I know that if the bullion group actually do get the funds out then I guess you could say that precedence has been set, but I would not put it too the feds to tie the whole thing up in a legal battle for the next ten years. |
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Post by Admin on May 18, 2023 12:39:40 GMT
Seems like E65 Gold and E65 standard members will be processed at the same time after bullion clients. All long he said that E65 Gold members will be processed after Bullion Clients. Now that has changed. He keeps changing. In any case, we still do not know if any of this is true. Even if Mike claims that Bullion Clients have received their money, there is no way we can verify it unless we know any bullion client personally. I will only start to believe if those who donated through GFM received the 100:1 returns from Mike as promised. Till then, everything is made up stories by Mike.
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dunno
New Member
Posts: 14
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Post by dunno on May 18, 2023 17:21:04 GMT
I will be able to verify the GFM thing as i did a transfer.
So awaiting that 100:1 now Mike do not let me down!
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Post by retired on May 18, 2023 17:46:23 GMT
A big and important update. I have to gather my thoughts first before commenting it. 🤔 "With that said I agree with the admins in that, this first round is much smaller in value and numbers to follow with the main group, if the feds are still trying to law some of the proceeds now what are they going to be like when the behemoth that is e65 is put in front of them. I can see them doing whatever they can (legally) to seize the whole lot. I know that if the bullion group actually do get the funds out then I guess you could say that precedence has been set, but I would not put it to the feds to tie the whole thing up in a legal battle for the next ten years." I had the same thoughts about the IRS's handling of fees and taxes. Will they do that for all the gold funds and E-65 funds? Where did Mike get the money to pay the fees and taxes on the advance payout? Do they deduct them from the payout automatically? |
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Post by retired on May 18, 2023 17:58:39 GMT
"I will only start to believe if those who donated through GFM received the 100:1 returns from Mike as promised. Till then, everything is made up stories by Mike." I interpreted the post as saying the 100:1 returns will be paid out to members after he receives his full Grams payout, not on the advance payout. I believe I recall from years back that Mike was supposed to get paid last from E65 funds, after everybody else got paid. |
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Post by dolphan on May 18, 2023 18:41:29 GMT
I am with Admin on this….until something concrete happens all I see are are empty words. I went through every email I have from the various updates, it’s the same story full of false promises and contradictions. From moving away from US funds, to now it’s all in US funds, PLA that promised you to be on the first payout list to now it’s all about the GFM with no mention of previous PLAs, SEApay, foundations, debit cards, bitcoin, IRS, SEC, protests in Hong Kong, payout in Hong Kong dollars, buy 1 get 10 unclaimed policies it’s just goes on and on. It’s hard to fathom this man will create probably one of the largest shifts of wealth in history with the billions that will be paid out from this program. But again, I’ll sit back and truly hope this man comes through and never tell anyone not to believe. But when I truly look at these updates over the years, it’s really hard for me to believe this will ever pay out and it is hard for me to believe this man will not request more money.
This all started as e65, yet e65 members will be the last to be paid. I can only assume the bullion members have supported him more than we will know.
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Post by dolphan on May 18, 2023 18:51:32 GMT
One other thing…I do not care for jorgen, I don’t Like a lot of what he says, I don’t like the way he talks to people. But we know at one point or another this guy worked for Mike and one thing i will say about jorgen is that he is relentless in exposing Mike . You have to wonder and step back and say is he telling the truth? Through all the stupidity that comes out of his mouth, is it possible he does actually know what happened?
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Post by punipa16 on May 19, 2023 3:44:38 GMT
I say jorgen only knows bits and pieces of the story. There are scam emails in amongst all the legitimate emails and he hasn't said a peep about any of those. Whenever they were brought up in the past, he would get extremely defensive and claim they had nothing to do with him, despite the email address being totally different to what mike used at the time, and the typing style suspiciously resembling jorgen.
I'm of the opinion mike isn't particularly trustworthy, but neither is jorgen. The latter's just really loud and childish about it.
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