Wow. This one is verrrrry interesting.

Discussion in 'ASD - Ad Surf Daily' started by JoeBlow, Aug 11, 2008.

  1. JoeBlow

    JoeBlow New Member

    ASD Cash Generator Implications
    Greggory B. Evans, PhD

    Last week, the US Attorney for the District of Columbia filed suit against an autosurf program running in Florida called ASD Cash Generator. The Florida attorney general followed suit soon after, effectively putting the business out of business. Immediately, so called "members" cried out that the evil government shut down a legitimate, paying program, that hadn't hurt anyone and was indeed helping thousands achieve financial independence. Nothing could be farther from the truth, shutting this scam down saved many people from eventually losing their contributions and will minimize the losses of the current customers. Autosurfs are a very weak attempt to make a simple ponzi scheme look like there is some value created, so called "advertising" although the ads run are not legitimate as advertising, and the "rebates" are, from a legal point of view, unregistered securities.
    Die hard members are being encouraged by others to write letters to the authorities, telling them how much they have increased their business by advertising on the site, when, in fact, and the Secret Service documented this before moving in to raid ASD, said advertising was mostly for members to get new members to join under them, (ASD offered generous referral commissions) and less than 5% of the ads were for legitimate businesses. Secret Service agents called several of those, and according to court documents, even those few "real businesses" admitted that they were not counting on any increased sales, but the rebates were the underlying reason for their ad buys. Members who attempt to get their testimonials entered into the official record should use caution, it's possible that somewhere down the line, in either civil or criminal proceedings, that they may have to back up those statements, showing records to prove what they have said, which I would think would be unlikely. The simple fact that ASD offered to "rebate" more than the initial cost of the "ad credits" makes it an unsustainable business and the law will regard the rebate structure as a classic ponzi, which of course it is. One promoter engaged me in a very lengthy explanation of how "ASD only paid out 50% per day so how could it be a ponzi?" Well, lets look at that. The marketers of ASD used this sleight of hand to confuse the hapless members, at first glance, that does make some sense, right? "We take in $10,000, we keep $5000, we profit share the other $5000 minus some administrative expense". Now, let's look at it from an accounting point of view, which is more accurate. When a program takes in $10,000 in a day, with the promise of paying out 125% eventually, it creates a liability of $12,500. It keeps the same $5000. So, from the $10,000 it took in, it OWES its members $12,500, its stockholders $5000. Even assuming it pays its expenses from the "profit" it kept, the $5,000, that's still $17,500 it needs to come up with to pay the bills. No matter what percentage a day it uses to pay expenses and members, the cold hard fact is it needs $17,500 out of the $10,000 it took in. Unless it has some business plan that produces this kind of return (and as a hint, no business in history has ever produced this kind of return for an extended period) it goes more into insolvency with every dollar it takes in, because even with no profit for itself, every dollar it receives costs it $1.25, and that's not a good business model in anyone's book.
    Just because the money goes out at a slower rate than in comes in, at 1% per day they of course have 100 days before they're sending you money that wasn't what you sent them to begin with does not make it a sustainable business, during the growth of a ponzi scheme it always looks great and everyone is getting paid, but the list of what is owed just gets bigger every dollar they take. That's how a ponzi works. In this case, the US Attorney seized $53 million, but a quick look at the accounts shows that the members, in total, if they were to each get their 25% payout, were owed over $300 million so even if they government just gave back all the money, no one would be anywhere near even. So, where did the money go? A good chunk went to early members, you know, the ones who bragged in online investment forums how much they were making on this can't miss, no risk scheme, got most of it. That was the only real advertising involved in the whole scheme, the "I got paid" cheerleaders are, unlike the ads on the rotator, very effective advertising. These guys spent as much time recruiting as surfing and for them it paid off, or at least they think so. More on that later.....
    Of course, there is the $53 million, which is interesting to me, see, it seems that ASD was a little behind on payments. They obviously had the cash to make a few payments, which they need to do as long as they want the new money to keep coming in. It is possible that Andy was building a little nest egg to disappear, the end was near and he had to know it. I don't think it's that simple, though. ASD had just hosted a large conference, I'm sure the bulk of the seized funds were just collected and honestly they hadn't quite got it all counted yet, many forum posts of people looking to see their "numbers on a screen" to show up were seen in the days leading up to the raids. Another rally was coming up so I'm sure they were planning to make a few payments before another big payday in Tulsa. Who knows, it's really not important except to say that there was nowhere near enough to pay what the members were owed, nor even to refund them with no "rebates". Quite a few millions were just flat out stolen and that's the relevant fact. But that's all standard "Autosurf, "HYIP", ponzi scam procedure. Pay them like clockwork as long as today's receipts are more than yesterdays, then fade into the anonymity of the internet, and find a non-extraditable country with nice beaches so you can laugh at the suckers while you plot the next scam. What I really intend to explore here is the evolution of the approach being taken by law enforcement in this case and in the last year in general.

    The Jurisdiction
    The first thing that struck me about this case when I read about it was the venue. ASD operates in Florida and is incorporated in Nevada, but the US Attorney brought this case in the District of Columbia, where by simple demographics seems a strange place to bring it. Simple numbers would seem to indicate that comparatively few residents of Washington would be victims, the initial complaints the government received were not in D.C. , in fact they first heard about this case in Florida where ASD operates. So why is this case going to be tried in the nation's capitol? The only reason for this is the government is going to make a statement with this case, no more fooling around with receivers and trying to put the pieces back together, this time they're going to go after the owners, the promoters, the participants, everyone. The first clue is the absence of a receiver. In the past, action has been brought by the SEC who initially filed for an injunction, part of which was the appointment of a receiver to take over the company and begin a forensic analysis of the records and eventually refunding members to the extent that funds were available to do so. In this case, though few have noticed the distinction, the Secret Service is the moving party and they seized the funds. The mandate of the Secret Service is not to protect investors or the public; it is to protect the currency. No one is pointing this out yet, but that's important. What it means is that the money and Andy's two homes now belong to the US Treasury and there isn't even much in the way of legal process for anyone to recover it. There's not going to be any big refund here, the money has been forfeit to the Government and the only way to get it back is to prove in a court that it WAS NOT derived in criminal conduct, which is not going to happen. As bad as that news is to the people who haven't made a profit, it gets even worse for the early participan
    ts who are net winners so far. Every dollar paid out, including the initial investment of participants being returned to them, is also subject to forfeit and you can count on them coming after it, not because it's a lot of money (somewhere in the neighborhood of $20 million by one estimate) but for the deterrent value that this is going to cause. The intention of the prosecution here is to send a clear message that being in anyway involved in internet fraud, HYIPs, Autosurfs etc.... is going to cost the members, promoters, operators, all of them. Don't be surprised to see the admins of the major rating sites prosecuted by the time this is over, and we haven't even started thinking of the second wave of civil suits. Don't be comforted by the promoters saying "this is just a civil suit, no criminal charges are pending" or such soothing statements. The civil injunction is much easier to get, it stops the crime, and it also provides the authorities a very convenient way to dig deep inside a criminal enterprise and collect solid evidence for the criminal trial. Once they have the computers, they have all they need to keep themselves busy for as long and as deep as they want to go.
    This is the next step of the evolution of prosecuting these crimes. A year ago they went after another program, CEP, and tried to make an example of it by having a court appointed receiver take the corporate entity into bankruptcy and suing those in profit under the doctrine of avoidable payments. At least one of the investigators in that case was astounded to see the same members being sued for their unlawful gains actively and publicly participating in another online scheme. This blatant attempt to answer one wrong with another is partly behind the new strategy we see here, no one gets anything back, and everyone gets hurt. And I for one think it's about time.
    I think it's clear that this raid marks a new paradigm in how law enforcement sees the need to have one good case that everyone will point to as the example. No more will crooks be able to try some convoluted argument that you're not investing, y
     
  2. JoeBlow

    JoeBlow New Member

    Sorry, I cut the bottom off of the last C&P, but very pertinent to read the last paragraph all the way through.


    ASD Cash Generator Implications
    Greggory B. Evans, PhD

    Last week, the US Attorney for the District of Columbia filed suit against an autosurf program running in Florida called ASD Cash Generator. The Florida attorney general followed suit soon after, effectively putting the business out of business. Immediately, so called "members" cried out that the evil government shut down a legitimate, paying program, that hadn't hurt anyone and was indeed helping thousands achieve financial independence. Nothing could be farther from the truth, shutting this scam down saved many people from eventually losing their contributions and will minimize the losses of the current customers. Autosurfs are a very weak attempt to make a simple ponzi scheme look like there is some value created, so called "advertising" although the ads run are not legitimate as advertising, and the "rebates" are, from a legal point of view, unregistered securities.
    Die hard members are being encouraged by others to write letters to the authorities, telling them how much they have increased their business by advertising on the site, when, in fact, and the Secret Service documented this before moving in to raid ASD, said advertising was mostly for members to get new members to join under them, (ASD offered generous referral commissions) and less than 5% of the ads were for legitimate businesses. Secret Service agents called several of those, and according to court documents, even those few "real businesses" admitted that they were not counting on any increased sales, but the rebates were the underlying reason for their ad buys. Members who attempt to get their testimonials entered into the official record should use caution, it's possible that somewhere down the line, in either civil or criminal proceedings, that they may have to back up those statements, showing records to prove what they have said, which I would think would be unlikely. The simple fact that ASD offered to "rebate" more than the initial cost of the "ad credits" makes it an unsustainable business and the law will regard the rebate structure as a classic ponzi, which of course it is. One promoter engaged me in a very lengthy explanation of how "ASD only paid out 50% per day so how could it be a ponzi?" Well, lets look at that. The marketers of ASD used this sleight of hand to confuse the hapless members, at first glance, that does make some sense, right? "We take in $10,000, we keep $5000, we profit share the other $5000 minus some administrative expense". Now, let's look at it from an accounting point of view, which is more accurate. When a program takes in $10,000 in a day, with the promise of paying out 125% eventually, it creates a liability of $12,500. It keeps the same $5000. So, from the $10,000 it took in, it OWES its members $12,500, its stockholders $5000. Even assuming it pays its expenses from the "profit" it kept, the $5,000, that's still $17,500 it needs to come up with to pay the bills. No matter what percentage a day it uses to pay expenses and members, the cold hard fact is it needs $17,500 out of the $10,000 it took in. Unless it has some business plan that produces this kind of return (and as a hint, no business in history has ever produced this kind of return for an extended period) it goes more into insolvency with every dollar it takes in, because even with no profit for itself, every dollar it receives costs it $1.25, and that's not a good business model in anyone's book.
    Just because the money goes out at a slower rate than in comes in, at 1% per day they of course have 100 days before they're sending you money that wasn't what you sent them to begin with does not make it a sustainable business, during the growth of a ponzi scheme it always looks great and everyone is getting paid, but the list of what is owed just gets bigger every dollar they take. That's how a ponzi works. In this case, the US Attorney seized $53 million, but a quick look at the accounts shows that the members, in total, if they were to each get their 25% payout, were owed over $300 million so even if they government just gave back all the money, no one would be anywhere near even. So, where did the money go? A good chunk went to early members, you know, the ones who bragged in online investment forums how much they were making on this can't miss, no risk scheme, got most of it. That was the only real advertising involved in the whole scheme, the "I got paid" cheerleaders are, unlike the ads on the rotator, very effective advertising. These guys spent as much time recruiting as surfing and for them it paid off, or at least they think so. More on that later.....
    Of course, there is the $53 million, which is interesting to me, see, it seems that ASD was a little behind on payments. They obviously had the cash to make a few payments, which they need to do as long as they want the new money to keep coming in. It is possible that Andy was building a little nest egg to disappear, the end was near and he had to know it. I don't think it's that simple, though. ASD had just hosted a large conference, I'm sure the bulk of the seized funds were just collected and honestly they hadn't quite got it all counted yet, many forum posts of people looking to see their "numbers on a screen" to show up were seen in the days leading up to the raids. Another rally was coming up so I'm sure they were planning to make a few payments before another big payday in Tulsa. Who knows, it's really not important except to say that there was nowhere near enough to pay what the members were owed, nor even to refund them with no "rebates". Quite a few millions were just flat out stolen and that's the relevant fact. But that's all standard "Autosurf, "HYIP", ponzi scam procedure. Pay them like clockwork as long as today's receipts are more than yesterdays, then fade into the anonymity of the internet, and find a non-extraditable country with nice beaches so you can laugh at the suckers while you plot the next scam. What I really intend to explore here is the evolution of the approach being taken by law enforcement in this case and in the last year in general.

    The Jurisdiction
    The first thing that struck me about this case when I read about it was the venue. ASD operates in Florida and is incorporated in Nevada, but the US Attorney brought this case in the District of Columbia, where by simple demographics seems a strange place to bring it. Simple numbers would seem to indicate that comparatively few residents of Washington would be victims, the initial complaints the government received were not in D.C. , in fact they first heard about this case in Florida where ASD operates. So why is this case going to be tried in the nation's capitol? The only reason for this is the government is going to make a statement with this case, no more fooling around with receivers and trying to put the pieces back together, this time they're going to go after the owners, the promoters, the participants, everyone. The first clue is the absence of a receiver. In the past, action has been brought by the SEC who initially filed for an injunction, part of which was the appointment of a receiver to take over the company and begin a forensic analysis of the records and eventually refunding members to the extent that funds were available to do so. In this case, though few have noticed the distinction, the Secret Service is the moving party and they seized the funds. The mandate of the Secret Service is not to protect investors or the public; it is to protect the currency. No one is pointing this out yet, but that's important. What it means is that the money and Andy's two homes now belong to the US Treasury and there isn't even much in the way of legal process for anyone to recover it. There's not going to be any big refund here, the money has been forfeit to the Government and the only way to get it back is to prove in a court that it WAS NOT derived in criminal conduct, which i
    s not going to happen. As bad as that news is to the people who haven't made a profit, it gets even worse for the early participants who are net winners so far. Every dollar paid out, including the initial investment of participants being returned to them, is also subject to forfeit and you can count on them coming after it, not because it's a lot of money (somewhere in the neighborhood of $20 million by one estimate) but for the deterrent value that this is going to cause. The intention of the prosecution here is to send a clear message that being in anyway involved in internet fraud, HYIPs, Autosurfs etc.... is going to cost the members, promoters, operators, all of them. Don't be surprised to see the admins of the major rating sites prosecuted by the time this is over, and we haven't even started thinking of the second wave of civil suits. Don't be comforted by the promoters saying "this is just a civil suit, no criminal charges are pending" or such soothing statements. The civil injunction is much easier to get, it stops the crime, and it also provides the authorities a very convenient way to dig deep inside a criminal enterprise and collect solid evidence for the criminal trial. Once they have the computers, they have all they need to keep themselves busy for as long and as deep as they want to go.
    This is the next step of the evolution of prosecuting these crimes. A year ago they went after another program, CEP, and tried to make an example of it by having a court appointed receiver take the corporate entity into bankruptcy and suing those in profit under the doctrine of avoidable payments. At least one of the investigators in that case was astounded to see the same members being sued for their unlawful gains actively and publicly participating in another online scheme. This blatant attempt to answer one wrong with another is partly behind the new strategy we see here, no one gets anything back, and everyone gets hurt. And I for one think it's about time.
    I think it's clear that this raid marks a new paradigm in how law enforcement sees the need to have one good case that everyone
     
  3. JoeBlow

    JoeBlow New Member

    If you read the financial break down it all makes sense why their site was always down. Not enough in the coffers to pay out. Once they got more money in they paid and then the cycle began again. Obviously they were growing rapidly and much was coming in, but still not enough the meet the out pour demand. I would think, that Andy had to have known it was going to implode and was more concerned about that little problem than his legal problem. Thank God the feds jumped in before Andy jumped ship from simple implosion and not legal problems.

    The excuse that site is down and too much growth and traffic just never did sit with me. Never made sense.
     
  4. paulk

    paulk New Member

    Wow! You must like to see your writing on the internet.
    What you have just stated is completely false. Why dont
    you do some research before making all these false
    statements. Did you research why ASD's accountants
    and lawyers all agree that this is not a ponzi and is
    completely sustainable? You said that ASD used the
    excuse that the website is down to not make payments.
    But at the time there was over 53 milliion dollars in
    the Bank Of America. Do you think they could have made
    a few cashouts with $53 million dollars?

    We are all adults. When we signed up we had to agree
    to the terms that we are only purchasing advertising.
    There is no guarantee of earning even one penny in
    rebates. We were all in agreement. No one could get
    hurt ever because we all get the advertising that we
    paid for. (which did bring good results) Members prefer
    to make purchases from other members - so this was
    very good advertising that brought good results. There
    was also no time frame in which rebates would be paid.
    If we got back 125% in four months or four years it would
    not matter. Rebates were never guaranteed.

    Nobody is saved from losing money by this being shut down.
    Anyone who joins a year from now will still receive the
    advertising that they paid for. If they earn a rebate - great.
    If they dont, well that was never promised anyway. If they
    joined only for a rebate then they did not read the terms
    of service that they agreed to when they bought advertising.
    The only people that were hurt were the over 100,000
    current members whose lives were so much better off
    because of ASD.
    Please do a little research before posting false information.
     
  5. JoeBlow

    JoeBlow New Member

    Did you read the US Attorney's complaint? They did read the 12 page terms of service because they reference it in their pleadings as well as attach it as their evidence.

    Remember, ASD attorneys and accountants were paid to say they are legal.

    BTW.. I am not the author of the above post. Greggory B. Evans is.


    And:
    "Nobody is saved from losing money by this being shut down.
    Anyone who joins a year from now will still receive the
    advertising that they paid for. If they earn a rebate - great.
    If they dont, well that was never promised anyway. If they
    joined only for a rebate then they did not read the terms
    of service that they agreed to when they bought advertising.
    The only people that were hurt were the over 100,000
    current members whose lives were so much better off
    because of ASD.
    Please do a little research before posting false information."

    What research do you have that says ASD will be up and running a year from now?
     
  6. JoeBlow

    JoeBlow New Member

    OK. This is pure speculation here, but from what we know is true about Andy and ASD:

    Andy supposedly approached the Florida AG to ask them if they had any problem with ASD. So, if Andy really thought he had his legal loopholes covered, then he really wasn't worried about legal problems.

    According to the US Attorneys filed complaint:

    64. Within the past two weeks, ASD has wired several million dollars to Solid Trust Pay from its BOA Accounts. A TFA also learned that earlier in July 2008, a bank other than BOA closed the last account that was controlled by Bowdoin or family members after that bank determined, and explained to them, that an investigation by the bank determined that Bowdoin appeared to be operating a Ponzi scheme. Bowdoin indicated that he purchased, or was seeking
    to purchase, a home in another country.


    So, Andy was moving millions of dollars to an offshore account and had purchased or was planning on purchasing a home in another country.

    So, if Andy if Andy wasn't worried about legal problems, did Andy see the impending implosion of his Ponzi?

    Was Andy going to take the money and run?

    I know pure speculation again, but a picture seems to be forming. We know a ponzi is doomed for implosion because it cannot financially stand up.

    We know that ASD was reaching critical mass and that more people were coming in faster and faster and more money was needed to pay out faster and faster. But, the 125% ROI along with the double promotions he was pitching, I wonder if the money was running out faster than he expected, so he was making a big push by adding promotions to entice new money to come in to keep this thing going (using "website problems" as his excuse to buy time) while setting himself up offshore to run.

    He didn't see the feds coming.

    Oh that's right. Andy would never do that. He's a God fearing really good business man that ALWAYS tells the truth.
     
  7. paulk

    paulk New Member

    Again, please do your research first before posting
    all this speculation.

    Money was moved into Solid Trust Pay because
    Alert Pay was no longer going to be used and
    Andy needed to fund Solid Trust Pay because that
    is how members cashout and get paid. So while you
    are trying to imply that money was being moved so
    Andy can run away with it, the money was actually
    being moved to pay members.

    Also, if Andy was looking to take our money and run,
    why did he ask the Florida AG to make sure that
    all of ASD was legally compliant?
    Everything he did was to protect the members.
    Average people were able to get out of foreclosure
    because of ASD. Elderly people were able to buy
    prescription drugs and marriages were saved.

    What do you gain from all your posts that try
    to make Andy and ASD into a scam?
     
  8. JoeBlow

    JoeBlow New Member

    So, Andy had to set up an offshore bank account to pay members? You mean there were no US banks that he could use?

    What about my friends who lost $10's of thousands of dollars? What about them?


    I don't know why Andy asked the Florida AG to talk with them. Maybe you do.

    I did do my research, and again, it's just speculation. And I will keep researching.
     
  9. TommyT

    TommyT New Member

    paulk: Everything he did was to protect the members.
    Average people were able to get out of foreclosure
    because of ASD. Elderly people were able to buy
    prescription drugs and marriages were saved.

    Actually Paul if you think about it, quite the opposite will be true. Average people will be in foreclosure, elderly people will be without prescriptions, and marriages will be ruined because of Andy and his Ponzi. Hope for the best!
     
  10. JoeBlow

    JoeBlow New Member

    Why again did ASD stop using Alert Pay?
     
  11. JoeBlow

    JoeBlow New Member

    Why am I doing this? To try and help innocent gullible people, like you, from getting burned.
     
  12. paulk

    paulk New Member

    Andy stopped using AlertPay because when this
    payment processor sent the customers money
    to him, there was not a place to put the information
    needed for ASD to credit peoples account for their
    purchases on a timely basis. So again, to help people
    get their ad packages credited on a timely basis
    he would use Solid Trust Pay which did give a place
    to give all your member information and that way
    every member would be credited right away. Again,
    all this was done to help the members. Solid Trust Pay
    is an offshore company so he had no choice but to
    put the funds in the offshore account just as the other
    companys that use Solid Trust Pay have done.

    If anyones life is ruined as you say, then only the
    government can be blamed. I received every cashout
    I ever requested. Just as all the 100,000 plus members did.
    Again, Andy lived up to his promises. But the government
    had other ideas and came in and ruined everybodys lives
    and income. If your friends lost money, then they can only
    blame the government. ASD always paid every member.
    Nobody was ever hurt until the government stepped in
    and stopped this company before anyone was ever proven
    guilty of anything. Certainly not a democracy that we pretend
    that we live in. Innocent until proven guilty? Not in the
    United States.
     
  13. Caterina

    Caterina New Member

    JoeBlow: Why am I doing this? To try and help innocent gullible people, like you, from getting burned.
    LOL!

    HAHAHAHAHAHAHAHAHAHAHAHA!

    HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!

    That's THE funniest thing I've read in over a week.....

    Cool and Paul - high-fivin' ya but methinks they get their jollies off when someone replies to them......if you can, ignore em.....maybe they'll drift off to another forum to save someone else....
     
  14. TommyT

    TommyT New Member

    paulk: Solid Trust Pay
    is an offshore company so he had no choice but to
    put the funds in the offshore account just as the other
    companys that use Solid Trust Pay have done.

    Funny how Bowdoin "had no choice" but to put funds into an offshore account. I bet his arm was twisted to do that! LMAO

    paulk: If your friends lost money, then they can only
    blame the government.

    Actually the government saved countless others from losing their a$$ down the road. A Ponzi is a Ponzi. People at the bottom of the food chain are ALWAYS going to lose big whether that's now or later. Problem is if it was later, there would be many more victims.

    Time to stop making excuses. Can't anyone admit they invested into a scam and lost? (some knowingly, others because they didn't do their DD). In either case, you lost. Accept that and move on with your life.
     
  15. Vaussie

    Vaussie New Member

    TommyT: Actually the government saved countless others from losing their a$$ down the road. A Ponzi is a Ponzi. People at the bottom of the food chain are ALWAYS going to lose big whether that's now or later. Problem is if it was later, there would be many more victims.

    Time to stop making excuses. Can't anyone admit they invested into a scam and lost? (some knowingly, others because they didn't do their DD). In either case, you lost. Accept that and move on with your life.


    Speculation! And nothing more...

    You made your point, and now you are free to move on!

    If you people were interested in protecting anyone... why do you show up after the fact? Because you get your rocks off in other people's APPARENT failures! Well ASD is not dead in the water yet! Time will tell!

    In the interim... I inject my point of view - a company who is looking to SCAM anyone does not sit on checks for 2 1/2 weeks - only to have them taken by the US Govt. Nor do they week in and week out keep the members posted on developments.

    No need to reply to me... time will tell... and if I'm wrong, it will be evident on it's own accord... I certainly am intelligent enough that I don't need people in this forum rubbing my nose in the crap to make me see that!

    Thanks, but no thanks for your "do good" saving grace's presence in this forum!
     
  16. alasycia

    alasycia New Member

    Posts by people who joined this forum since the AG crashed into our business and stopped it are to be viewed with GREAT SUSPICION - WHATEVER THEY SAY!.

    They, as Vassie says, get their rocks off with all this stuff they are posting and couldnt give a **** for the ASD members, or they would have been here a long time before with their "advice".

    Dont forget scandal attracts the vultures.
     
  17. JoeBlow

    JoeBlow New Member

    I did warn my friends about this in May. I told them either the feds would shut them down, or it would implode, or the owner would take the money and run (which I think all 3 were happening on August 1). I begged them not to talk to people about this. But they did.

    But, think about it. Imagine if I were on this forumbefore the crash. Do you think anyone who was in this thing would have listened to me? Especially when money was being flashed everywhere?

    They won't even listen now when there are 2 government lawsuits against Andy and ASD with ongoing criminal investigation and charges looming!!!

    And all of Andy's and Busby's lies and past criminal records exposed.

    They still believe!

    So...who am I? I'm just one of those stupid idiots out there who did not grab the brass ring when it was flying by. And now it's too late.
     
  18. WhiteSox

    WhiteSox New Member

    Joe Blow..

    Just listening in on your many posts. Quite honestly, a normal process would have been for you to find this forum when you were first introduced to what you perceived to be a scam. You go on to say that you called it 100% back in May what the outcome would be. Logic says that you would have joined in May and and used the forum to gather / find information to base your opinion and then if you thought you needed to help all the "gullible" people you could have spoke your opinion of what you thought during that time. You can't join a forum after the fact boasting of your keen insight and belittle all the ASD members of how gullible they were. What are you trying to accomplish here? Who really knows what the real truth is here until things get settled. There is no real reason for you to be on this ASD forum unless you are here to press people's buttons or agitate. You are supplying no useful information to the actual ASD members who are here to get information / share ideas on what is transpiring and to be kept in the loop. Your time will be much better invested if you try and save all the gullibles by going into other forums discussing what you perceive to be deceptive opportunities BEFORE something like this happens. Then and only then will you be taken seriously. Just my opinion.
     
  19. JoeBlow

    JoeBlow New Member

    Whitesox,

    If you read my previous post you will see I am explaining who I am and why I am here. It was done because I was asked. I am not bragging about my keen insight. I am explaining myself. When I did try to warn my friends, (who have gone on to recruit quite a network) they would not take my advice. They saw the big checks flashing, and they wanted to believe in it.

    This is not an ASD forum. It is a work at home forum.

    And I believe that I am supplying useful information. It may not be useful to you.

    I am not trying to aggitate. When I make a post on what I feel is useful information, I get attacked and questioned. It is OK for you to post your useful information, it is OK for you to question me, but because I am not in full agreement with you, my post are suspect?

    I do appreciate your post though. It was thoughtful and not aggressive. However, confrontational. So, don't get upset when I answer.

    And I am not trying to push your buttons. I am explaining myself.
     
  20. TJamMoneyMan

    TJamMoneyMan Well-Known Member

    WhiteSox: Then and only then will you be taken seriously. Just my opinion.

    Personally, I take Joe Blow's comments on ASD quite seriously.

    They have been very useful and informative.

    ASD is the entity that needs to get it's act together if they want to be taken seriously.
     

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