Thread: PIPS Cleared?

Lay & Skilling have a trifle more significance with regards to comparison to Byran when it comes to an S.E.C. type of an investigation Malaysian style with the amount of money and accusations involved in the pipsinc situation. But we shall see how Byran fairs in all this as BNM continues to walk through pipsinc's muddy water; it would surprise me, though, if Bryan were to come out of it to such an extent that he'd be allowed to run pipsinc should it be cleared. And, as of now, we have no proof that Gary or any of the other players that Bryan was responsible for bringing into the business will be found to be at any fault or not so, again, we'll see. But, on the point about things with pipsinc and Bryan working relatively well, well, that is simply not one of those "facts" that we would like to cherish, relatively speaking of course. It only seemed to work and that only for a span of about 7 months, as far as full-swing withdrawal operations were concerned--the earnings right now are a conjecture, followed with about nine months of failure to work until BNM stepped in to put a stop to the whole works. Against the background of Bryan and pipsinc, we can see, as fact, and wonder as to the success of the company called Solidinvestment which has faired so well with a model, theoretically, similar to that understood of pipsinc to have worked. I came across Bryan and pureinvestor way back in 2002ev and I, along with a few British friends of mine, even way back then, tried on numerous occasions to bring Bryan to task with respect to how he was running the business in relation to international corporate law. As one of those so-called pioneers, I have had a different, time-worn perspective on Bryan for a long time; and there was a number of us who tried to warn Bryan along the way of impending problems, such as in putting private citizens of countries into the precarious arrangement of having very large sums of money dumped into domestic accounts from offshore. We advocated formations of corporations to allow individuals to take advantage of international corporate law, but Bryan would always seem to be operating along some kind of illusion that Malaysian law and government would continue to be friendly to him and his way of doing things and the other countries didn't matter. That didn't turn out to be the case even though many of us wished it were, in fact, the case. Now Bryan is more or less alone as central target for responsibility for possibly violating muslim financial law in the conduct of his businesses which is just the trap a number of his friends were trying to keep him from walking into. I wish him the best but I don't forget what I know of how he helped himself into this trouble. Still, I surely would like to see him, and especially pipsinc, come out of the situation on a positive note. Meanwhile, the blaming of anything on trolls or other false entities or unproven culprits give nothing but room for passing around more blame and excuse for emotional polarization and aggression, which is not needed or necessary.

Best regards,

thelema

Originally Posted by Thelema

Lay & Skilling have a trifle more significance with regards to comparison to Byran when it comes to an S.E.C. type of an investigation Malaysian style with the amount of money and accusations involved in the pipsinc situation. But we shall see how Byran fairs in all this as BNM continues to walk through pipsinc's muddy water; it would surprise me, though, if Bryan were to come out of it to such an extent that he'd be allowed to run pipsinc should it be cleared. And, as of now, we have no proof that Gary or any of the other players that Bryan was responsible for bringing into the business will be found to be at any fault or not so, again, we'll see. But, on the point about things with pipsinc and Bryan working relatively well, well, that is simply not one of those "facts" that we would like to cherish, relatively speaking of course. It only seemed to work and that only for a span of about 7 months, as far as full-swing withdrawal operations were concerned--the earnings right now are a conjecture, followed with about nine months of failure to work until BNM stepped in to put a stop to the whole works. Against the background of Bryan and pipsinc, we can see, as fact, and wonder as to the success of the company called Solidinvestment which has faired so well with a model, theoretically, similar to that understood of pipsinc to have worked. I came across Bryan and pureinvestor way back in 2002ev and I, along with a few British friends of mine, even way back then, tried on numerous occasions to bring Bryan to task with respect to how he was running the business in relation to international corporate law. As one of those so-called pioneers, I have had a different, time-worn perspective on Bryan for a long time; and there was a number of us who tried to warn Bryan along the way of impending problems, such as in putting private citizens of countries into the precarious arrangement of having very large sums of money dumped into domestic accounts from offshore. We advocated formations of corporations to allow individuals to take advantage of international corporate law, but Bryan would always seem to be operating along some kind of illusion that Malaysian law and government would continue to be friendly to him and his way of doing things and the other countries didn't matter. That didn't turn out to be the case even though many of us wished it were, in fact, the case. Now Bryan is more or less alone as central target for responsibility for possibly violating muslim financial law in the conduct of his businesses which is just the trap a number of his friends were trying to keep him from walking into. I wish him the best but I don't forget what I know of how he helped himself into this trouble. Still, I surely would like to see him, and especially pipsinc, come out of the situation on a positive note. Meanwhile, the blaming of anything on trolls or other false entities or unproven culprits give nothing but room for passing around more blame and excuse for emotional polarization and aggression, which is not needed or necessary.

Best regards,

thelema

This explains perfectly the situation pips is in!!
Thanks Thelema.

Ist das dein Ernst?

Oh, well........... I don't even know how to begin to address this. Setting aside the whole Pips argument, you believe SI to be what Pips dreamed of being? And you don't think anyone other than BM pushed us to this point?

I'm actually speechless.............

Arcturus

Your assumption is wrong. Bryan is the one BNM is centering on as CEO; one thing they do in Malaysia that they don't do here is go after the top dog first, then move on down the ladder. Here, the S.E.C. often first goes for the lowest nugget on the pole to evoke and implicate individuals of greater responsibility up the line. Bryan had all the help he, himself, brought to the plate that together contributed to ultimate failure. My comment does not, therefore, follow the logic of your assumption, or your assumption doesn't apply to the comment; it is the perspective of the investigation as it is stated by BNM that applies to any assumption of contribution to possible violation of muslim financial law. What that turns out to be, if anything, and who may be implicated or convicted is yet anybody's guess.

thelema

Good answer, thank you.

Muslim law, I believe (correct me if I'm wrong), does not allow for 'believers' to charge or receive "interest". Of course there are other conditions, as well. Most get around this by having intricate and often complicated fee and reimbursement structures. I know that this is an oversimplification, but I still find the basic premise that all or none of the fault starts and ends at the top. Responsibility (read credit, for the overall operations), yes. Culpability? No. Not in this case, IMHO.

Arcturus

lets bottom line this and not have 20 pages of speculation. Did or Did not PIps get cleared and does Bryan Have the servers back, a simple yes or no and can or should I say is there a way to verify, not speculate this.
Benzboy

Originally Posted by benzboy

lets bottom line this and not have 20 pages of speculation. Did or Did not PIps get cleared and does Bryan Have the servers back, a simple yes or no and can or should I say is there a way to verify, not speculate this.
Benzboy

NO Pips is not cleared and Bryan has not got the servers back!!

I like a person who can get to the point in 20 words or less!!!
VideoKid you rock!!!
Thanks,
benzboy

Originally Posted by videokid

NO Pips is not cleared and Bryan has not got the servers back!!

My guess too!

On a meeting today I heard that Bryan is hopefully up to a solution that would be rolling in maybe 3-6 months time.
Bryan IS working. And pips WILL be back.Everything is starting to look brighter.

Sorry, can not tell you tha name of the company he had an meeting with that could POSIBBLE be a solution. Not saying it is the one..but hopefully.
But you will like it.



Happyme