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Just to explain a couple of points Although there was no court case on 17 November, we are not free of BN yet, investigation is still ongoing. With regard to the come back there will be parts that come up before others, but the timing of your existing pips account transfers will still be dependent on a few factors. BN has to return our servers and documents when all this is over before we can reconcile any accounts. Currently we have no staff left, they have to earn a living so all are gone, it is left to just Sharon and I to deal with at the moment and it is a monumental task. When we do get it all back it will take some time to sort through it all and get it back in order. This does not mean you will not be able to earn money in the meantime because you will. The withdrawal problems will, under the new structure be eliminated, as they will be automated and only payable on a monthly, quarterly, 6 monthly, annual or maturity basis. I would request that you all stop asking questions, because until we get closer to the BN situation being over and getting it all back together we are not in a position to answer them. Thanks once again for your continued support it means a great deal to us. Bryan Last edited by BM : Today at 09:22 AM. http://www.rolclub.com/showthread.php?t=4036 |
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Originally Posted by DontBefooled
The stalling tactics continue
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Originally Posted by value4money
He`s simply throwing the odd tid bit to his followers to keep them quiet. Maybe he hopes that the Bank will give him a clean bill of health, maybe he knows they won`t, but really it doesn`t matter. The money just isn`t there to pay everyone up to date with what he owes them with back interest as well.
How can he and his wife alone hope to sort out all the accounts of 1,000`s of members with all the staff gone? |
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Originally Posted by hawk
So please do not comment with assumption even so we respect your personal opinion, and state that way. |
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Originally Posted by value4money
hawk, almost everything that`s said at the moment is of necessity a `personal opinion` whether I say it, you say it, or anyone else says it. But, there ARE indisputable FACTS that are on record that can`t and shouldn`t be ignored.
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Originally Posted by value4money
He`s simply throwing the odd tid bit to his followers to keep them quiet. Maybe he hopes that the Bank will give him a clean bill of health, maybe he knows they won`t, but really it doesn`t matter. The money just isn`t there to pay everyone up to date with what he owes them with back interest as well.
How can he and his wife alone hope to sort out all the accounts of 1,000`s of members with all the staff gone? |
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Originally Posted by hawk
If you consider PIPS scam ( as this Mods here already changed title without proof) than PIPS would be in news all over the world. But since is not, you will not find anything anywhere.
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After getting an update of the thefts from the various premises of the Bistro, Coffee House etc and found that they have now reached more than 1/2 Million in value as well as the devastation of the premises,...Thank you all for your words of support and offers of help. We really appreciate the offers but until we get the 3 truckloads of documents back there is little that can be done on this front. |
| PIPS has many businesses and revenues that are still as of today working and earning. BNM friezed only accounts at local level, and because of that, local money are not there for workers pay. We will get all staff back in time. |
| We have a contracted team working on the new programs for us and hopefully the first modules will be ready for implementation soon. |
| The withdrawal problems will, under the new structure be eliminated, as they will be automated and only payable on a monthly, quarterly, 6 monthly, annual or maturity basis. |
| The most significant fact is that the Central Bank of Malaysia has effectively closed down the operation for three months...Confiscating equipment and thus putting it out of business is not something that would be undertaken lightly or without justification.. |

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Originally Posted by forwardone
Just my 2 cents worth - Wouldn`t you say that one FACT that points to it being a scam is the lack of payments for months, even over one year for some members? |
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Originally Posted by hawk
No place on earth, until today, was officially announced that PIPS is scam or illegal. |
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Until is officially announced that PIPS is illegal or scam, you do not have right just from your opinion to claim it scam. |
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Originally Posted by forwardone
Come on now, what do you think Cease and Desist Orders are that are cropping up in one place after another?
http://www.web-life.org/vb/showthre...27&page=4&pp=20 |
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Originally Posted by golddust
Hawk, everyone has the right to state their opinion, at least at this forum. Likewise some people at this point in time, may consider PIPs a "scam" whether or not it has "officially" been named one. And just my opinion, but many programs are called scams without an 'official' notice, as most do not have the fortune of 'official' scrutiny.
golddust |
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Originally Posted by hawk
Well ok, so per your statement if I call this place a scam it is OK.
My opinion........... would you feel hurt than? |
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Originally Posted by hawk
I can see how much you know and how much you are informed.
C&D is only in reference for selling securities which was offered my some members and not PIPS itself. That is why PIPS close 5 year program to avoid future mis-presentation by members.. It has nothing to do with PIPS business legality. All other PIPS companies are perfectly legal. Picpay is only one that does not have proper license in Malaysia. Gary N. was in charge of Picpay operations. Well now you know. Do not post statements without facts. You might ask questions, which is OK. |
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People must be much more relaxed about programs because they are online or something. ![]() |
| Well ok, so per your statement if I call this place a scam it is OK. |
| If we broke our promises to our members, told lies, didn`t pay out on competitions etc then you`d be justified in calling us a scam. We`d also let others be the judge who`ve had past and present experience with us. |
| If question has no meanings and also if is sarcastic than should be thrown out. |
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Originally Posted by forwardone
If we broke our promises to our members, told lies, didn`t pay out on competitions etc then you`d be justified in calling us a scam. We`d also let others be the judge who`ve had past and present experience with us. Then if necessary we would argue our case to prove what we are.
This is all that`s happening with PIPS, yet the proof of it`s legitimacy just isn`t there. |