This was in answer to a question on whether the restructured program will go private.
Bryan may not publicly comment on suggestions made, but he does take note of them. For those who were here at the changeover from GW to PIPS there was a very long thread which contained suggestions and comments from members, this helped to structure the PIPS format.
The restructuring does take into consideration the points on private operations, greed, envy and sabatuers. One of the core reasons PIPS did not go private is that there are so many little guys out there that need help and restricting the numbers preclude many of those people.
Having said that the restructuring will offer two opportunities.
1. For the little guy, this will have an upper limit to the amount that can be loaned, gets rid of the greed merchants for this program.
2. A private invitation only program that will be for the higher end accredited net worth guys.
The forums etc. will also be totally private, members only will be allowed to read or post in the forums.
Please do not ask questions on how the restructuring and programs work, because I will not release any of that information at the moment.
Hope this answers your questions somewhat.
Bryan
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27-10-2005, 10:18 AM #1
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