Thread: A Humble Request (Merged)

Now Whatever ...

This is called a run .. It can collapse a company..It creates hysteria with its members.. What a nightmare for the staff and Company alike …
….

I remember that run and the members started to panic They withdrew out of AF … they the members put their ROI on a 100% withdrawal and into PicPay and then requested a withdrawal … This was in response to WW post and IB email to his members … Get it out and get it out now ..

There must have been millions of dollars withdrawn in a few days .. after a while people calmed down and some members even canceled their withdrawals and put it back into their Pips account again. They seen through this run and trusted Bryan … But what WW and IB done to create this … only one can surmise the reason …

Now can you see why this was posted out to the mass members.. To create confusion and dollar loss … to collapse or even COVER UP

goldeneye

Originally Posted by oldtimer

I don't think you are correct. It was mentioned that a large sum was frozen rather than it was 'there'.

As far as I am aware, there was no alteration in this between their arriving and leaving. That is somewhat of an inflammatory remark.

I did not intend it as that....it was just a question!

Sorry goldeneye,

It would seem I went a bit too far with conjecture...You are right about the "run". It was engineered to give the appearance that the membership didn't have faith in the company. An "appearance" that would later be used to try and get Pips handed over to them from BNM. Is this a better scenario?

Thanks,

Everwiser

Originally Posted by goldeneye

Now Whatever ...

This is called a run .. It can collapse a company..It creates hysteria with its members.. What a nightmare for the staff and Company alike …
….

I remember that run and the members started to panic They withdrew out of AF … they the members put their ROI on a 100% withdrawal and into PicPay and then requested a withdrawal … This was in response to WW post and IB email to his members … Get it out and get it out now ..

There must have been millions of dollars withdrawn in a few days .. after a while people calmed down and some members even canceled their withdrawals and put it back into their Pips account again. They seen through this run and trusted Bryan … But what WW and IB done to create this … only one can surmise the reason …

Now can you see why this was posted out to the mass members.. To create confusion and dollar loss … to collapse or even COVER UP

goldeneye

But if there was enough money to pay wd's why would it collapse the company? I do understand wd's weren't happening..but not because there weren't enough funds, but rather no bank to facilitate the wd's..right?

Srair i understand what you are talking about. But if you started a thread and just put in the meat and potatoes, you would be infested with trolls pretty much like a dog with fleas. All the protectors for us supposed dumb sheep would be here trying to save us from ourselves. The way Facts are coming and being presented are leaving pretty much no stones unturned good or bad. I admit it is a lot of reading and a little frustrating but it is alowing all to come to our own conclusions. You can't come to this thread and say things like Scam, no money, Bryan's fault, ect ect without facts. So my question is with all of the threads in this forum why is this one not getting hijacked? Where are the supposed scam facts? Let's finish the thread and put all of the pieces of the puzzle we have toghether and go from there.

One thing I have not seen commented upon in this topic is the reports of Pips accounts being opened/hacked.

The moment in time when transfers Pips Account to Pips Account was terminated and the reasons for this change.

Originally Posted by everwiser

Sorry goldeneye,

It would seem I went a bit too far with conjecture...You are right about the "run". It was engineered to give the appearance that the membership didn't have faith in the company. An "appearance" that would later be used to try and get Pips handed over to them from BNM. Is this a better scenario?

Thanks,

Everwiser

I think it becomes a little more simple than this... A run on a company, is to go against the operating capital if you will. BM had the amount of withdrawls pegged, and it was a given that 'x' amount of money invested, equals 'y' amount in withdrawls...

This will slow down the amount of money needed to be cashed out from the investment portions...

One of the famous things you hear from trolls, "IF" a company is a Ponzi, then if you squash the input, the output will be crippled soon. Pips went through a portion of time, when money was difficult to get into the system. Granted, PicPay exchanges were popular, but new cash entering was limited. Pips was able to survive this type of scenario...

Keep in mind, one of the safe guards BM had, was to limit the daily reduction in ROL to only 2%, meaning, if your account was valued at $100,000, you couldn't request that amount... More like only $2,000.. So it would take some time to reduce the cash worth of Pips...

One final point, is there is transition profits that can accumulate, during the time you move funds from "a" to "b"...

I could go on for a long time on this topic alone, but rather than bore everyone to death, I will stop my input here...

4D

Thank you, Taxman.

Originally Posted by whatever

But if there was enough money to pay wd's why would it collapse the company? I do understand wd's weren't happening..but not because there weren't enough funds, but rather no bank to facilitate the wd's..right?

Any company having to earn the interest to pay ROL to members has to have a balance between what is kept as "ready money" for withdrawals and the invested funds. Too much "ready" and the earnings would drop.

Change that balance by a significant amount with a "run" and the company may be unable to meet its immediate commitments. Trying to force this situation may have been in someones interests. Plus there were frozen accounts. If it was known that there would be a Central Bank Investigation this would paint the picture in the worst possible light.

We have seen in recent cases like 12DP how the investigators simply change the funds in a frozen Bank account from the asset to liability side of the balance sheet thus making the Company technically insolvent at the stroke of a pen.

All I am suggesting is that someone skilled at manipulating these situations (rather than just guessing at what might be done, like most of us, LOL) and knowing that Pips already had a lot of accounts frozen, could make a great deal of mischief.

Would any members of the cast thus far have the skills and the malicious intent to make such mayhem? Is this what Arcturus is hoping to uncover?

And perhaps Bryan will turn out to be the Grand Puppet Master and show that he was one jump ahead all the time?

The next few days should be exciting!

Michael

Sorry to butt in here but I only just got up(Western Australia time).I was reading what I missed from yesterday and noticed someone mentioning the Consultants and just had to put my 2 cents in...

Back when the investigation first started the UK consultants made one post on a forum in regards to the cash position of PIPS/PicPay and they stated that there were withdrawals pending to an approximate value of just over $400,000,000.00 but this would not be a problem to cover as ONE of the frozen accounts which is drawn on for withdrawals had in excess of $500,000,000.00 in it - thats when I relaxed a bit as even though the investigation is going to happen there was a good chance of money being available to cover outstanding payments.

Still feeling good.