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**sharonsopinion** · 07-05-2007, 02:19 PM

Andy,

Why in the world would someone use your CSATM when they can just use STP or one of the other exchangers directly? Also, isn't it just a copy of the LOOM system? I can't see why someone outside of signing up for XLOtwo would use it.

Having a program owner force people to use their exchange/payment processor as the only means of depositing and withdrawing is dangerous for players. When one collapses, the other is usually not far behind. Then they lose money in two places, instead of just one. Once it leaves someone's bank account, the funds are just a virtual blip on the computer screen. When someone runs both the scam and the PP, they are just moving the virtual blip from one web page to another and collecting a fee to do it! I have less of a problem with those that at least offer another method, instead of forced use. (If you say it isn't forced because people have the choice of not playing your game, then that is just a con. IF people want to deposit into your game, then they are forced to use CSatm.)

Which brings me to your explanation of how you are generating revenue for XLOtwo. You're still taking member's money (either from XLOtwo deposits or the fees they paid to move funds around in CSatm) and giving it to earlier depositors whose ad packs have matured. Plus 150% ROI in 75 days is too high to get just from CSatm fees, IMO.

So, what you have is a ponzi scheme. Ponzi schemes are scams, regardless of how long they last. It doesn't matter that your last ponzi scheme lasted 12 months or not. I fully believe that you knew it was on the verge of collapsing when you sold it to your fellow scammer, Bob Krimm. Please read my article titled, "Ponzi Scheme - Pond Scum."

All that you have done and said so far is a scam and makes you a con-man, IMO. You are no different than the old-time slick "medicine" salesman of days of yore. So, unless you can prove that you are making revenue from something other than the pockets of players, this one stays in the scam warning section. You say that we're shortchanging our readers by putting your scam in the scam section and I say that we'd be doing them a disservice if we promoted your scams.

JMO,
Sharon

07-05-2007, 02:19 PM	#25 (permalink)
sharonsopinion Queen Maid, Flushing BS Join Date: Feb 2007 Location: USA Posts: 444 My Mood: Portfolio: PIDA, Life Holdings, EarnByLoaning and a few leftovers from a previous strategy. Fav Ecurrency: Paypal Thanks: 135 Thanked 93 Times in 61 Posts	Re: XLOTwo Andy, Why in the world would someone use your CSATM when they can just use STP or one of the other exchangers directly? Also, isn't it just a copy of the LOOM system? I can't see why someone outside of signing up for XLOtwo would use it. Having a program owner force people to use their exchange/payment processor as the only means of depositing and withdrawing is dangerous for players. When one collapses, the other is usually not far behind. Then they lose money in two places, instead of just one. Once it leaves someone's bank account, the funds are just a virtual blip on the computer screen. When someone runs both the scam and the PP, they are just moving the virtual blip from one web page to another and collecting a fee to do it! I have less of a problem with those that at least offer another method, instead of forced use. (If you say it isn't forced because people have the choice of not playing your game, then that is just a con. IF people want to deposit into your game, then they are forced to use CSatm.) Which brings me to your explanation of how you are generating revenue for XLOtwo. You're still taking member's money (either from XLOtwo deposits or the fees they paid to move funds around in CSatm) and giving it to earlier depositors whose ad packs have matured. Plus 150% ROI in 75 days is too high to get just from CSatm fees, IMO. So, what you have is a ponzi scheme. Ponzi schemes are scams, regardless of how long they last. It doesn't matter that your last ponzi scheme lasted 12 months or not. I fully believe that you knew it was on the verge of collapsing when you sold it to your fellow scammer, Bob Krimm. Please read my article titled, "Ponzi Scheme - Pond Scum." All that you have done and said so far is a scam and makes you a con-man, IMO. You are no different than the old-time slick "medicine" salesman of days of yore. So, unless you can prove that you are making revenue from something other than the pockets of players, this one stays in the scam warning section. You say that we're shortchanging our readers by putting your scam in the scam section and I say that we'd be doing them a disservice if we promoted your scams. JMO, Sharon __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. Good Behavior = Good Results; Bad Behavior = Bad Results! Last edited by sharonsopinion; 07-06-2007 at 12:02 AM..