Quote:
Originally Posted by Simon
Nah, I still don't think it is all real money. You are mostly using money put into the system (and then got back directly as profit) to buy new ad packs. It is akin to compounding from my point of view, because you are recycling it over and over, instead of creating new wealth.....
|
Simon, you are spot on. It's monopoly money, plain and simple. I put in ten bucks and by compounding, it grew it into over a hundred bucks in no time.
If they had continued to allow e-gold, I would have given them fresh funds, but as soon as they announced "no e-gold", I knew it was the beginning of the end, for me, anyway, as I was not going to get into banking related transactions with them until they announced the licensing and legality of CEP Trust.
If the viability and profitability of the CEP Trust payment processor takes priority, they might do what Stella and Marc did at Solid Trust Pay, that is, give up the surf sites and focus on getting the payment processor licensed and operating. More profit in that for them anyway.
I doubt that they can get a license for the payment processor while still operating the surf sites, unless they could legally change the ownership status so that the two arms of their business stand more independently
of each other.
I believe the "deficiency" they refer to is more than just a temporary blip. I'd guess that decreasing the daily rate on the surf site from 5% to a little over 1% daily signals some financial concerns.
Of course we won't know the full story until they tell us.
HeyJude