Reading all the announcements regarding 12dp , especially the last from Charis, I think it will be VERY soon over.
For 12dp , stormpay has blocked their account, so they can't pay NOBODY , even the Stormpay-users. (seems fair)
The reinstall of EMO is of no use because their is no money to fund EMO.
But a new statement says , 12dp is used bij some students , and it is possible that they must even go offline.
Who has made the fault i don't know, but when a program has problems with paying its members on time , its always the same . THEY CLOSE , after it has become a big mess (changing pay-processor....).
SO 12dp will be gone. On the other site i hope Stormpay will be knocked down by others. The way they works makes from the internet nearly a jungle.
So i hope they also disappear.
For the near future i think a lot of autosurf-programs are going close.
I looks sad , but i think when the admin can control their own money, a lot will take the money no and disappear.
I hope i am wrong, but 3 days ago i said it already. 12 dp will disapear.
Nobody did believe , so wait a few days and you will see.
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03-02-2006, 06:08 PM #1
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Now its nearly final - 12dp will stop
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03-02-2006, 06:28 PM #2
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Boy aren't we in a happy mood today. Nothing starts the day off like a lot of discussions about negativity. Keep smiling.
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03-02-2006, 06:44 PM #3
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Its not negativity , its the thruth.
You are not oblieged to read it when you it was negative in the title.
I know this is a happy forum , everbody is also very happy when i read the pips forum.
Waiting is the message always. So you have too wait or read at 12dp, when they are still online.
A very happy and a good weekend , with much pleasure.
Don't worry about your money, it will not come back.Last edited by reunlustrol; 03-02-2006 at 06:48 PM.
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03-02-2006, 06:47 PM #4
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The problem is not with 12dp it's Stormpay they want to be the only petulant child in the playground and be the only one wanting to play with their ball!!! well stuff them, there are plenty more payment processors out there - it's called fair competition - if they can't play the game fair it's their fault.
Jimmy fae Glasgow
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03-02-2006, 07:00 PM #5
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Originally Posted by reunlustrol
They changed payment processors because of the bad press that egold was getting and to ensure our funds would be safe.
Greedy people advertising the program as an investment trying to get referal bonuses is a different matter. The greed of selfish people is the downfall of a lot of programs.
Cancel referal bonuses and people will not feel the need to advertise. Simple.
Stormpay are the villians for non payment to 12DP members for freezing the account.
The only thing that surprised me is that 12DP admin anticipated everyone using egold to sign up with stormpay and not EMO. With the verification process of stormpay and the extortionate fees they charge for not being NETiba certified i would have bet on people signing up with EMO in the first place.
I'm feeling sick myself today but remain in a positive mood about the future.
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03-02-2006, 07:52 PM #6
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I too was going to go with EMO. But the lapse in time of waiting for my verifications to come thru prevented me from respending with EMO. So, had to use SP to go back in again. Maybe funds there will be gone, maybe not. Just have to wait and see what 12DP lawyers can make of all this.
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03-02-2006, 08:17 PM #7
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Originally Posted by mtdavis
I only joined them to get my 12DP money and i won't be using them again if i can help it.
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03-02-2006, 09:51 PM #8
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Originally Posted by Jimmy
I agree this could be the end and I'm pissed about it, cos I don't think they would've gone down otherwise. It's all SP's fault and I will not use them again for anything now.
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03-02-2006, 10:11 PM #9
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It ain't over until the fat lady sings...
It is obvious that Stormpay greed caused them to spend funds they were not supposed to...It was greed that caused them to create all these accussations...Never seem a processor taking sides...Just check your emails...They term Auto-surfs as ponzi...They didn't have a problem with them until 12DP asked for a huge chunk of money from their funds...That's when all of this started...In the long run, StormPay will be very damaged by this..They know that their reputation is down the toilet...The authorities have to prove that 12DP and other surfs are ponzies...I firmly believe that 12DP is the real deal and they have more than enough proof of the legality of their business model...
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03-02-2006, 10:49 PM #10
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Hi,
Here is an email being sent out by Stormpay.
Not sure if this is helpful or not.
Loki
.................................................. ............
Dear StormPay Member,
Please read this news update as it contains important information concerning your StormPay account as well as spends from your account to the "Auto-Surf" industry.
Traditionally "auto-surf" is a "traffic exchange" industry as to where persons gain traffic credits for promoting their URL (website address) in exchange for viewing websites offered by others. Any monies taken in on these types of "traffic exchanges" are normally for upgrades to have your URL (website) shown at a higher rate of exposure. For an example of how a true auto-surf works, you can visit www.autohits.dk or other sites comparable.
"Paid to click", or "Paid to Read" types of sites are normally where an advertiser pays to have his/her ad displayed and the end user gets paid a portion of the advertiser dollars for clicking on and reading/viewing the ad. The end user who is being paid for reading/viewing the advertisement does not spend any monies to participate. An example of this type of service is StormPay's own "StormClix" where participants are not charged to view advertisements and are rewarded an account credit for viewing the advertisement.
It has recently been brought to the attention of StormPay Inc. that the current rash of new Auto-Surf and Paid to Read accounts are NOT operating in the traditional manner. Further investigation by both StormPay and other outside investigational organizations/law enforcement agencies have drawn early conclusions that these types of programs are nothing more than well hidden "Ponzi" or "Pyramid" schemes. While many of you may not agree, or wish to agree that these programs or illegally operated ponzi's, there are many facts that that are unavailable to you, or that may have been hidden by the operators of these programs. Please note that StormPay's user agreement has always banned merchant accounts for these types of activities.
Throughout the investigations into these programs, StormPay has asked the "Merchant(s)" to provide a detailed explanation of the workings of these programs including how profit margins and customer payments are made. These questions were asked point blank by StormPay while on a conference call with the owner/operator and their attorney. The requests for information from the "merchant" were simply denied leaving StormPay no choice other than to report those findings to the other organizations who required the information from StormPay. These findings and reports caused the seizure of funds of the merchant(s) StormPay accounts until all legal matters are resolved. Please be reminded that this could have been avoided if the merchant(s) could have, or would have provided information proving no illegal pyramid or ponzi activity.
Furthermore, investigations and calculations show that these merchants were already at an "upside down" point where they are/were not able to meet the financial obligations made to their program participants. These merchants who were already failing to make good on their claims seem to now be using StormPay as their "Scape Goat" for the failure of their own pyramid or ponzi scheme. These programs are always doomed to failure and for that very reason, deemed illegal. Please site the following from StormPay's user agreement:
"17. Get Rich Quick" Schemes: Get Rich Quick Schemes are prohibited resell items by StormPay. Get Rich Quick schemes include any type of self-employment, start-up businesses, or investment opportunity where the claims of profit or returns on investment are unrealistic or unsupported. By law, if a business opportunity costs $500.00 USD or more, the promoter is required to support any claims regarding earnings or profits with written documentation.
Pyramids don't pay. StormPay Inc. and the Federal Trade Commission caution consumers about clubs or programs that promise quick money for recruiting new members. Don't bank on the pyramid promise that someone else will pay you. For more information on get-rich-quick schemes, visit the FTC at www.ftc.gov."
We know that the most prominent question in your mind is "What happens to the money I sent these programs?" Answer: At the moment any funds frozens in these merchant's accounts are frozen and not payable until all investigations are completed. At such time investigations are completed, any remaining funds will be released to the merchant's, or refunded to the purchasers, based on the outcome of the investigations. Please be aware if determination is made that these are ponzi schemes, a great deal of the funds received by these merchant's will have been used to pay obligations to those who joined earlier into the programs. In other words, they will have used your money to pay other members thus creating a deficit of funds needed to refund all users. Please be patient while investigators decide the best procedures for handling this serious situation. Contacting your credit issuers or banks requesting chargebacks only compounds the problems for all involved, including the merch!
ants and their customers, and delays returns of any funds. These actions could also be punishable by law.
StormPay will keep you updated of developments as information is available and allowed to be released.
StormPay Inc.
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