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Old 12-31-2007, 07:22 AM   #7 (permalink)
allinvain
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Default Re: Interview with Frank Ola, the4xtraders

Quote:
Originally Posted by makila View Post
It bited the dust pretty quickly and he closed the program down for new members quickly. I also never saw him promote the program extensively. Why scam but not promote at the same time? Makes no sense. Maybe he just made bad business decisions. Its *very maybe* possible.

Indeed using PP unautorized is stupid. Giving 20% a month is also stupid. That doesnt work(See Peter B's disaster, see NSFG's disaster .. )

The fact he will only give 5% or something with his new business each month...(yes he does talk to me, I am sorry he ignores most of you..)

We will see if he learns from previous mistakes or not BUT first refunds have to happen, then I may believe him.(and not just 1% refunds, REAL once, at least +50% refunds should happen)

Until that time ..., at least Frank cant say we dont give him a chance, but he has to dig into his pocket first
Hmm..I don't know, but my opinion is that everything depends on his trader. Frank is not the one producing revenues, so if his trader is not up to the task of working with Frank towards providing refunds for the club's investors then everyone is pretty much out of luck as they say. No to mention that recovering from a 67% loss is not going to be an easy task. I am still surprised to hear of this monster loss. I thought the trader behind the program was supposed to be some sort of hotshot - top gun style lol. Even then, how any competent trader can lose 67% of funds is beyond me, but what do I know, I guess I'm not in the same league as those hotshots
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