CPU Update - Sent 49++ times

Quote:

>>This email was sent earlier this week but it seems that many Members

>>did not receive it, therefore it is being sent again via a new mail

>>server.

Hello Dear CPUI Member

Due to a barrage of problems recently, CPUI has suspended operations.

On top of all the problems endured recently and to make things far worse than what they already were, the main CPUI Trader known as biggles101 has experienced serious problems that has affected the CPUI #1 FX Account and the overall financial status of CPUI.

Although it may seem that you may have lost your hard earned funds due to the web site being unavailable and no communication this week until now, please do not despair.

There is a recovery plan in place as not all funds have been lost and we also have our secured investments with Zenestate and Host501 that are looking extremely good.

We believe CPUI will recover 100% of all funds owned by Members including all interest earned. Although highly unlikely, the worst case scenario is Members will receive their deposits less any withdrawals.

Each and every CPUI Account will be audited due to the database on the previous server being damaged far greater than was reported by the previous programmer.

In a few weeks all Members will be required to complete a form with several questions to ensure we are working with the correct owners of each account.

If you are in Australia, you can meet with a Member of the team in any capital city in Australia, except Darwin. If you are interested please reply to make arrangements.

Members who have an Account with a balance of $5,000.00 or more can request direct communication with a CPUI representative.

Please forgive me for the lack of communication recently but I had to ensure a recovery plan could be implemented and that I had the full support of the CPUI Investment Team. This has taken almost a week, therefore I ask for your patience and understanding.

We are all a team and I am prepared to fight for the survival of our team and others involved in CPUI. Many friends and associates who are also CPUI Members are standing by me to fight back and I truly appreciate their support.

Since the creation of CPUI, the support from Members has been tremendous and gratefully received. Your continued support through these somewhat harder times will be appreciated more than ever and will indeed assist CPUI to recover completely.

There has been too much time and perseverance to see CPUI fail in anyway as the goal to become a publicly registered financial solutions provider in October 2005 is extremely important to all involved.

CPUI must work hard to achieve this goal at all costs. To achieve this goal CPUI Members must have full confidence and trust in the operations of CPUI. Understandably the trust you have in CPUI would have been damaged over the past 2 months of inadequate operations and security but perhaps this trust can be renewed over the coming months.

If you require further details please reply with your questions. A reply will be made to every sensible question but please be patient as questions may take several days to be replied to and no emails will be sent during weekends.

Overall, I am sorry for this inconvenience for all Members and for all those involved behind the scenes.

Best Regards

Administration

CPU Investments

Quote:

Hello Dear CPUI Member

CPUI is in a state of emergency and a recovery plan is about to be put into action.

There has been a slight delay in the implementation of a recovery plan due to several issues. These issues have been resolved and the recovery plan will be in place for 100 days starting Monday August 9 2004 and ending on November 16, 2004.

The aim is to recover CPUI completely and to return to normal operations in order to achieve the goal of becoming a publicly registered trading operation and financial solutions provider.

If CPUI does not fully recover by November 16 2004, CPUI will cease operations and all Members will be paid out with available funds and Members may only receive a fraction of total account balance. This is the worst case scenario and is not the outcome we are expecting.

Financials before suspension of operations: -
Total Funds Managed by CPUI: $1,817,268

Total Member Owned Funds: $1,210,135

The profits and amounts owned by the Management team equal +$600k. To increase the chances of a full and complete recovery we have absorbed this amount as losses. Therefore the target amount for a full and complete recovery is $1,210,135 instead of $1,817,268.

At this stage the current situation is:-

Available Funds for trading: $180,000

Funds with Zenestate: $32,000

Funds with Host501: $46,000

Funds with ICC: $25,000

Total CPUI Funds: $283,000

The amount to earn in 100 days for a complete recovery is $930,135.

As you can see, CPUI is not In a very good financial position due to the recent array of problematic events.

With some aggressive trading, biggles101 believes we can double trading funds every 6 weeks and with Host501 launching several different products and services in the near future, we are confident that CPUI will totally recover within 100 days quite comfortably.

Personally, I have been through severe troubled times before and I have always come out on top so I have no doubt that CPUI will be back, better and stronger than ever. Although I have personally lost almost $1Million due to the recent events and I have been affected emotionally, I am NOT giving up.

If you have emailed admin@cpuinvestments.com between July 27 and August 6 please be aware that your email has not been received.

Due to email problems most Members didn't receive the first update so I have pasted a copy below.

The new email server has been thoroughly tested and all is now working well so there should be no more problems with emails.

Thank you for you patience and understanding.

Best regards,
Administration
CPU Investments

Quote:

There are many issues with CPUI at the moment.

During the last few weeks there were several issues that were being dealt with but things went from bad to worse to disastrous.

A large number of accounts have had the egold account numbers changed during the recent hackings on the previous server. A back up was put in place but most of the changes were made before the back up and were not detected for some reason.

This caused a considerable amount of funds to be lost throughout the month of June and into early July. This was a problem but it was not enough to affect CPUI in the long term.

There was a bug (or programming error) in the ‘Transfer’ function which allowed one Member to set up over 20 accounts and exploit this bug. One account had a balance of -7,500 with many other accounts linked to this Member with a negative balance while the other accounts had positive figures. Again this was a problem but not enough to affect the long term of CPUI.

Also, there were several of CPUI’s e-currency accounts compromised and other system malfunctions which caused further losses. But these losses were also not enough to have any major affect on the future of CPUI.

The BIG problem that has almost destroyed CPUI happened when the fund Manager of the CPUI #1 FX Account, known as biggles101, had his trading account compromised last week.

The CPUI funds within this account was approximately US$850k but this was only a fraction of the total trading account balance as biggles101 had other accounts combined into one, including a massive amount owned by Henry MacDonald, the fund manager for the fruit/vegie/produce trades.

Henry MacDonald was about to open his own HYIP which was set to be a smashing success but due to the amount he has lost in the FX account, Henry is most probably out of business for the remainder of the year. Henry is more affected by this problem than anyone else but he will recover.

The person who managed to gain access to the FX account executed many trades with no stops on losses but stops only placed on gains.

This act of economic vandalism caused a loss of almost US$3Million and has placed CPUI into a state of emergency.

It has taken longer than expected to make a firm decision of how CPUI will continue and how a recovery plan will be put in place, therefore no communication has been made to Members unless Members have called me personally, like Greg.

Actually, I have been too dumbfounded and basically too shocked to communicate this problem.

It has taken a few days for me to comprehend the current situation of CPUI without being emotionally attached.

CPUI is currently suspended. A new message will be posted on the site and all members will be emailed soon.

The current amount of funds owned by CPUI Members is approximately US$1.2Million. The funds at hand is just over 10% of this amount but I believe all funds will be recovered within 4 months.

There are 2 other FX accounts with a combined balance of approx. US$150k owned by CPUI. These funds will now be managed by biggles101.

Zenestate and Host501 are set to become extremely successful in a relatively short amount of time. CPUI will sell out of these companies in the near future and these funds will be placed into the recovery pool.

This is a terrible situation but with the support I have from the CPUI team and some business leaders in Sydney, Australia, CPUI will not become a total failure. In fact if all goes well with the recovery plan, CPUI will be back up and running as normal and CPUI will achieve the goal of opening as a publicly registered financial solutions provider.

To any Members who read this, I am sorry for this inconvenience but it is not only Members that have lost money, biggles101, Henry MacDonald and myself are severely affected by this. The anger and disappointment will drive us harder to do the best we can to recover these losses as soon as possible.

Further details about the current situation will be posted on the site soon and all members will be emailed later this week.

Kind Regards
Adam,
Administration Manager
CPU Investments