Freeland Opps

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Freeland Opps
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Posted by: betrdanevr

. . . has requested that those members who don't intend to be in the private program let their current ventures mature and exit the program to make room for others, and basically "don't let the screen door hit you in the butt."

This will undoubtedly cause some consternation for people who wanted to stay and make more $$$ without making any committment to the private program, which has been in the plans from the inception of FLO in some form or fashion.

Others will find that it's a desirable move for the program.

He seems to be out of patience with members who don't read the forum before asking questions. Hopefully when the newly-split forum is ready on the new server (hopefully, today!) it will be faster and easier for members to read!

Posted by: memorex

I will leave Awty to answer this as I will only start an argument about it

)

Posted by: fsamec

It is only a request. You can continue to invest until October.

Posted by: awty

I wasn't going to touch this one either, Memorex, same deal...
Jeff

Posted by: betrdanevr

Aaargh!

I see your beef, Memorex! And point well taken.

Definitely a sloppy attempt at writing a "fact" a piece of "breaking news" on my part.

I forgot to say whoda "he" is!

Go at it, only I'd like to stay at the level of a shaving cream fight -- no menthol, please!

Oh, heck, bring on the cream pie.

Terri

Posted by: golddust

No argument from me. Those who know FLO know who "he" is. Maybe this is just a little nudge to poop or get off the pot. Maybe not enough investors making the pledge.

I'll continue to invest until October, it is the outexchange problem that may cause everyone to get into an uproar.

golddust

Posted by: awty

Actually, Betrdanevr, the 'he' part I don't think was what Memorex had in mind, and I know it wasn't what I was thinking. Hope all goes as well as it can for all involved, and hope the forum is up soon...
Just my opinion,
Jeff

Posted by: memorex

Yes Jeff you are correct, I simply didnt want to argue about this program, on every forum.
The main reason I argue on talk gold, is because of a certain faction of this community and only because of them. http://web-life.org/vb/images/smilies/smile.gif)
Personally I dont care what happens to them, but I still care about the uneducated,it's as simple as that.
So I am finished and have no more I want to say in regards to this, everyone knows my feelings on it ,or should by now... end of the story.http://web-life.org/vb/images/smilies/smile.gif)

Posted by: betrdanevr

Question: You-all took me seriously

instead of

??

Answer:

Then I have a general announcement:

That was supposed to be a little off-the-wall attempt at humor on my part but I screwed it up, obviously.

BUT:

I am not blonde!

I never thought Memorex was talking about "he" at all. I couldn't tell you what's in "The Beast's"

mind.

Luv y'all,

The Joker

Posted by: awty

Well , Betrdanevr, I'll admit it. I've been 'had'. And, quite well, at that!
Good show!
Jeff

Posted by: betrdanevr

Nah, Jeff. I wasn't looking to get anybody. Thanks, but it bombed.

I'll keep the day job for awhile. LOL

Posted by: awty

Looks like I'll have my day job for QUITE a while yet....

By the way - a 'question' for those of you who are familiar with FLO, if nobody minds...

Why would there be a need to 'make room' for some in the private program?
(I'm fairly sure I know the answer, it's been on the forum since January...)

Just musing,
Jeff

Posted by: Dr. Mac

Greetings.

I'm sure the answer you already know is this :

There is no need - in a literal sense - to make room for anybody.

The message was intended in the sense of, "to all the moaners, this is a polite invitation to bugger off and leave room for the serious-minded"

Or something like that!

Dr. Mac

Posted by: forwardone

But why should it become necessary for anyone to clear off, to `leave room` for those who wish to stay.

The natural process of elimination has to take place according to FLO`s own timetable. Those who want out will be Out-exchanging, those who want to go `private` will do the necessary to enable them to do that.

Geoff

Posted by: golddust

Ok, well, er - I am a "blonde" , and it flew right by me.

I'll admit to difficulty interpreting "tongue in cheek" type posts.

I'll try to do better.

golddust

Posted by: awty

An EXTREMELY OPINIONATED *GUESS* on my part -
Looking to see if it might be more profitable to close it early, to see how many are intending to withdraw before 'private' time. If withdrawals look like they're going to come earlier than possibly anticipated, according the the background numbers, might be more profitable to close earlier. Of course, if nearly all are going to stay for 'private', and are just looking to be able to increase the 'pledge', then maximum funds might be obtained later.
JUST PURELY MY OWN OPINION, BASED ON PURE CONJECTURE!
Jeff

Posted by: awty

Quote:

Originally Posted by Dr. Mac

There is no need - in a literal sense - to make room for anybody.

Actually, that's not quite what I had in mind, I was thinking about the 'unused positions' that have been noted...

Just my opinion,
Jeff

Posted by: betrdanevr

Quote:

Originally Posted by golddust

Ok, well, er - I am a "blonde" , and it flew right by me.

I'll admit to difficulty interpreting "tongue in cheek" type posts.

I'll try to do better.

golddust

Well, THAT wasn't very P.C. of me, was it!!!

If my evil twin ever posts a dumb blonde joke again, I'll make sure she knows to say "dumb blonde." Oops!

Posted by: betrdanevr

[QUOTE=forwardone]But why should it become necessary for anyone to clear off, to `leave room` for those who wish to stay.

The natural process of elimination has to take place according to FLO`s own timetable. Those who want out will be Out-exchanging, those who want to go `private` will do the necessary to enable them to do that.

Geoff[/QUOTE

Yeah, this was a surprise. The way I read the announcement, he was requesting those that do not plan to go private to just let the CURRENT venture mature, and then out-exchange and leave.

Awty, I KNEW this was a "trick question." LOL

Posted by: memorex

Quote:

Originally Posted by Dr. Mac

Greetings.

I'm sure the answer you already know is this :

There is no need - in a literal sense - to make room for anybody.

The message was intended in the sense of, "to all the moaners, this is a polite invitation to bugger off and leave room for the serious-minded"

Or something like that!

Dr. Mac

In actual fact! I would say by reading between the lines the part regarding the moaners has nothing to do with it .
If they are looking for more funding to cover the "cough " private side they need the space for them .
Under the pretense they don't want the non private members who are holding those extra places.
regards
memorex

Posted by: Chicopee

Jeff - I would tend to agree with your statement regarding closing early or not if X was taking a poll of some type to see who was staying and who was leaving. However he is saying - "take your funds and go". With this statement he definitely is not looking to close early.

IMO - if enough people do what he asks - We may go past October 1.

Posted by: awty

Poll would be way too obvious, I'm thinking. Many would possibly see right through that, and X has 'played' this out well. I'd be VERY surprised if it was that obvious. I'm thinking (Correct me if I'm wrong, I never looked into the private program), there may be 'pledge' information available already? If so, there's no need for a poll, as that information is already available, and currently being taken into consideration. Maybe looking for a possible clarification that the information is somewhat accurate, and to maybe gauge how many may waver, and change their mind, which does happen...

(Keep in mind, that FLO admins have EVERY POSSIBLE figure regarding their program at their fingertips ALL the time, and likely some fairly good analysis, as well).

It's pure guessing for me, while FLO has every piece of information available.

Would be interesting to see some of those spreadsheets, I'm thinking. From what I can guess, the numbers have to be darn near incredible.

Personally, I'll still 'call' Sept 1 'sporting chance', and Oct 1 a 'gimme'...
(If it lasts past Sept 1, I've got a letter to write...)

As I mentioned, an extremely biased opinion on my part, time will tell.
Jeff

Posted by: Chicopee

I see your point but since there is no "sign-up" preliminary stuff even - I don't think they have a handle of who is going private. In talking to a number of investors of Flo - it appears that a lot have taken out the same percentage since they started. Their out exchange is quite substantial and obviously bigger every cycle and their paper balance is going up also. I also received a few pm's from a few newbiews and I get the impression that their investments are on the small side. Most seem new to this on line stuff and came on from hearing from families friends etc. and really don't trust it

At times I think the daily "True" out is greater than the "true" in.

But What do i know?

Going back to the subject at end. - I guess X is hoping that a few more will close shop like you did so he can "save" that out exchange. Only time will tell

Posted by: rlneub

I don't know about others, but I am withdrawing over 4 times my initial spend each month.

I personally don't see that much new $ to cover the outexcahnges occurring.

Posted by: memorex

Although I agree with some of the above statements in part, that at some stage the outexchange would, or could, be greater than the inexchange on certain days .
I can only express my concern, over some information I received last week ..stating the inexchanges were in the proportion of 5:1 against the outexchanges.
If this is the case, then the theoretical view would have to be, that there are more small time investors around, than we think.
Who! are still applying their money to this program for the private side ,even the "FLO" boss stated !they are really busy and are flat out, or in similar wording on their forum and hence, a possible reason for server updates.
This is also possibly the reason for his remarks regarding, if you are not going on to the Private side, it would be preferable, if you left!! of course this would open up more slots in the PP 1 or 2 which again would increase the pot?
If you spend from today with a minimum of 3 *$25=$75 till the October date it will only just qualify for the pp2.
Now to make the PP1 you would have to fall back as far as 4*28 days with a basic investment minimum of $100 or a spend of around $400 now.
Which for the basic minimum would be around June 1st even with a investment like this to make to minimum of approx $1300 you cannot afford a withdrawal.
The program has only been in operation since the last week in January and there are only a possible 7-8 investment periods, until the private side all told.
For every $100 @ 4*$25 units you have applied since the first possible period it could only have accrued $8938.72 per $100 @90% in the 7 maximum of possible investments to date without any withdrawing this is from 26th January.
The average punter does not put hundreds of dollars in to any program and they all don't join in the beginning , this only applies to the big hitters and they are few and far between.
This is where the discrepancies come under scrutiny and it can expect no less than a query as to how their liquid reserves "cough" are being managed in this department??
regards
memorex

Posted by: awty

I'll personally find it interesting how well Evocash handles this. Basically, the entire load is on them, at this point, it seems...
(Re: al old, crazy, theory of mine. So far, it still seems to fit...)
Just crazy thinking,
Jeff

Posted by: amchen

Well, it does not seem like EVOCASH is handling it at all. The word from Flo is that they've frozen all accounts and asking for personal information to access them. So not sure where it goes to from here, but the pessimists will have a field day with this one.
A

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The only true law is the outlaw