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Closure Of DollarMonster and MyMagicDoubler

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Posted by: forwardone

This is taken from the Easychairclub`s site, re the Cyclers DollarMonster and MyMagicDoubler.

I`m not with them, but it`s going to be of interest (concern) to it`s members.
Quote:

Date: 12/02/04 Sender: EasyChairClub Management

Subject: EasyChairClub Special Update - CLOSURE OF DollarMonster and MyMagicDoubler!!

THIS UPDATE IS BEING SENT TO 38,213 EASYCHAIRCLUB MEMBERS!!

Yes, the programs, DollarMonster and MyMagic Doubler

ARE NOW CLOSED!!

But NOT to worry folks!

EasyChairClub isn't going anywhere! We are at the cutting
edge of the Internet revolution! Not only are we making
preparations for every member to recover their out-of-pocket
funds, they will also earn MUCH MORE!



This decision has been made because of another indicator
from our legal counsel, concerning doubler programs.
The
decision became very simple to make:


Either get out of the business of doubling the money of
members or face the quite likely probability of being
targeted by authorities. They possibly could look at us
as publicly going aganst the law in the U.S. by organizing
such programs as MyMagicDoubler or DollarMonster.


Why?

1) EasyChairClub was running two of the largest doubler
programs on the web, MyMagicDoubler and DollarMonster


2) Doubler programs are known to cause people to lose
money.


3) Many reports have been sent to authorities, worldwide,
asking to have such web sites closed down.


4) If the government decided to close down DollarMonster
and MyMagicDoubler, EasyChairClub and ALL of its members
would lose out – and EasyChairClub refuses to allow this
to happen, as we have many plans for the future of our
membership!


Even though EasyChairClub has been taking all necessary
steps to ensure that no one loses money in its programs,
according to laws in the U.S., this does NOT make it
right to run a doubler program.


We expect most other doublers currently on the Internet,
to soon follow suit, closing their doubler programs, as
it will become increasingly more dangerous for program
owners to operate them without being prosecuted.


Hopefully all these programs will offer their members a
way to easily recoup their out-of-pocket expenses, as
EasyChairClub will be doing...



Why has all this happened to the doubler market?


This has come about across the board due to the numerous
Doubler Programs that have run away with their member’s
money. This is NOT the case with EasyChairClub as no
member has ever lost any money with us. In fact, we have
always provided a means of recouping any loses that should
ever occur due to closure of one of our programs.


We must act on this information in order to protect
EasyChairclub and our members. So effective immediately
our Doubler programs are now closed and will not reopen.


This is to protect YOU and YOUR MONEY!


SO THAT DECISION HAS BEEN MADE...


WHERE DO WE GO NOW?


What is the current situation, now?


Those members who have received LESS than they put into
the program are in an out-of-pocket situation. As
EasyChairClub has accomplished in the past, these members
need to be compensated, so they can quickly recover at
least
the original amount they put into the programs.

Here is WHAT YOU CAN EXPECT FROM EASYCHAIRCLUB

IN THE NEXT FEW DAYS:
1) First, the EasyChairClub Downline Service will be
launched – final preparations are being made – the
expected launch time is within 24-48 hours!


The purpose of the EasyChairClub Downline Service is to
help you succeed! Instead of joining a program on your
own, with little or no support, you will be joining with
tens of thousands of EasyChairClub members, all dedicated
to reach the same goal!


There are currently about 38,000 members of the Downline
Service. When a person joins the EasyChairClub Downline
Service, they will receive their own referral web site.


Then they can use it to invite others to join! By
promoting, and inviting others to join, our members can
qualify for the Top Promoters Club and Top 500 Club!


Joining with thousands of other members will ensure
that we all make money as quickly as possible! This means
you will not be on your own as a member. We will continue
to promote and help grow everyone's downline from day one!

For ONLY $10 a month!:

* Membership in the EasyChairClub Downline Service - Our
#1 Goal is to refer as many people to our membership as we
can, to promote EasyChairClub products and services!


* VOIP Service (World Wide Voice over internet long distance
through your computer)! (Valued at $25/ month) Folks, this
is a no-brainer! This service alone is worth the entire
$10 a month!


* Your own referral web site! With a complete back office,
to help you manage your business!


* A HUGE Promotion Guide to teach you how to promote this,
and ANY opportunity. A step-by-step guide that teaches you
the ropes of Internet marketing!


* A life-time membership to the EasyChairClub Safelist ($50
Value) - Imagine being able to market to thousands of
opportunity seekers at the click of a button!


* Access to several e-books FULL of valuable
Geoff



Posted by: forwardone

Quote:
2) Doubler programs are known to cause people to lose
money.

Does this qualify for the understatement of the year?

Geoff



Posted by: betrdanevr

Never, never, never again. Never~ Nope. No more doublers for me. No triplers, either. Q-P-C slowed down, too, and ended up starting a store. Not my cup of tea.

Terri




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