| Author |
Message |
EnjoyingItAll
Member
Joined: 11 Jun 2008
Posts: 38
|
# Posted: 4 Aug 2008 22:53
Clarence sounded pretty hopeful today though on his conference call. Didn't really say much.. he's going back to his church party though!
He is willing to pay back anyone who sent a check into GP that has not had the money credited to their account yet.
|
FreeDoc
Member
Joined: 2 Aug 2008
Posts: 5
|
# Posted: 5 Aug 2008 00:26
You know guys, this is a joke. For fact, the Florida AG investigated complaints, everything checked out, nothing frozen. For rumor, the Illinois AG has supposedly checked out ASD too, and things were fine. I've heard the same for SEC reps.
At the very, very least, we know for certain that complaints were filed in Florida and everything checked out ok.
So there must either be multiple complaints now, or the complaints must be SO bad, that the AG would actually freeze assets. Cause the only reason for the freezing of assets is to prevent them running off with the money! What kind of complaints must have been made for the AG to make such an assumption, and take such a strict preventative action. This is not good. Nor is it standard procedure with any complaint. It's gone further than that, and we're all being a bit delusional to think otherwise.
I'm hoping and praying that I'm wrong. I really am. And we gotta be realistic here. This does not look good.
|
vikingfan
Member
Joined: 18 Jun 2008
Posts: 86
|
# Posted: 5 Aug 2008 01:34
Don't worry FreeDoc Andy is going to use some of his pull up at the White House to get us out of this mess.
__________________
dillon o'shea
|
RickKelley
Member
Joined: 31 Jul 2008
Posts: 38
|
# Posted: 5 Aug 2008 06:43
I think we need to face it, the money is gone, just write it off as a loss right now.
I don't think it was complaints about not getting ad packs....I think some of the naysayers contacte the AG and told them how there is no way ASD can sustain themselves and they explained how the system works, with the minimum 1% a day and 125% on top of all ad pack purchases....blah blah blah! Could have caught somebody's attention. All those other complaints, if even true...complained their money was not in the account and they actually got their money back and was kicked out of ASD....easily solved. Now it is different...they can't pay back 140,000 people.
Just say that we are back up right now and everybody is paranoid. Nobody joins, and nobody rolls up. How do you think Andy is going to pay everybody those rebates??? Greenback Street? I don't think so!
Bottom line...it's not good, but I am a member and trying to stay positive but stuff just isn't panning out. Something is definetely fishy!!!
|
luvtravel
Member
Joined: 11 Dec 2006
Posts: 758
|
# Posted: 5 Aug 2008 07:39 � Edited by: luvtravel
RickKelley: I think we need to face it, the money is gone, just write it off as a loss right now.
I'll ask the same ques here, how will it affect each and every member if the AG finds ASD guilty of something or another?
As members and advertisers will we be found guilty of something as well? Will we be on a govt watchlist as well? Anyone know??
When I was surfing I noticed there were law practices that were advertising so I thought if they are advertising, plus realtors etc...
__________________
|
Investigator
Member
Joined: 10 Jul 2008
Posts: 33
|
# Posted: 5 Aug 2008 07:50
According to an individual who posted in one of the ASD forums and who is a Dreamer (since you like to call us bashers) their downline or upline what ever you all call them.
One of Andy's top executives was terminated two weeks ago and that individual took documents to the US Attorney's Office in Washington DC. The US Attorney felt that the information warranted the freezing of the accounts and that they should take a closer look at ASD's operation.
So, if that is true then it was not a basher that turned the dirty deed...but one of your own!!!
|
iggyigette
Member
Joined: 27 May 2008
Posts: 483
|
# Posted: 5 Aug 2008 08:45
Investigator: So, if that is true then it was not a basher that turned the dirty deed...but one of your own!!!
I've heard the same in the Adsurfzone forum somewhere...but obviously cannot be verified at this time...
__________________
|
jgiesbrecht
Member
Joined: 4 May 2008
Posts: 36
|
# Posted: 5 Aug 2008 09:15
luvtravel - go to this SEC webpage http://www.sec.gov/litigation/complaints/comp19579.pdf
It will show that 12 Daily Pro misrepresented itself to their members(investors). So the members were NOT aware of it being a PONZI. 12 Daily Pro said they had these outside sources of income (just as ASD has said they do) but 95% of 12 Daily Pro came from new funds coming in from members rather than outside streams.
So the little guy in ASD was not aware it was a ponzi. However, for those ASD members that made a lot of profit - they may be required to pay it back. (If ASD is deemed a ponzi).
|
vikingfan
Member
Joined: 18 Jun 2008
Posts: 86
|
# Posted: 5 Aug 2008 12:25 � Edited by: vikingfan
Investigator, I thought you were the one that got the assets frozen? All of Andy's top executives were at the rally in Chicago unless I am missing someone. Robert the training guy mysteriously quit two weeks ago and did not attend the rally in Chicago but I heard he wanted to concentrate on his business.
__________________
dillon o'shea
|
logicalusa
Member
Joined: 15 Jul 2008
Posts: 91
|
# Posted: 5 Aug 2008 13:49
I see the little badge "Investigator" had is also gone. Hmmmm
|
itzdk
Member
Joined: 2 Aug 2008
Posts: 8
|
# Posted: 5 Aug 2008 13:56
Not good. Just found this
www.wctv.tv/news/headlines/26280459.html
|
vikingfan
Member
Joined: 18 Jun 2008
Posts: 86
|
# Posted: 5 Aug 2008 16:40
It's all over but the crying...
__________________
dillon o'shea
|
iggyigette
Member
Joined: 27 May 2008
Posts: 483
|
# Posted: 5 Aug 2008 16:49
Oh Come on Dillon...this isn't the first or last time you or anyone has made a decision that doesn't pan out... and as far as I know ASD is Innocent until proven Guilty...unless the Secret Service is involved! Hope it wasn't because of my Steak on the Rotator
__________________
|
hammerx3
Member
Joined: 31 Jul 2008
Posts: 27
|
# Posted: 5 Aug 2008 17:04
What would it mean if the Secret Service is involved? Because the video on the WCTV website says it is.
__________________
Debbie
|
iggyigette
Member
Joined: 27 May 2008
Posts: 483
|
# Posted: 5 Aug 2008 17:16
hammerx3: What would it mean if the Secret Service is involved
It means it's NOT GOOD.
__________________
|
vikingfan
Member
Joined: 18 Jun 2008
Posts: 86
|
# Posted: 5 Aug 2008 18:10
Well I doubt the Secret Service is looking into the ASD business model. This is a criminal case now. Someone posted on another board that they are concerned drug dealers were using ASD to clean "dirty money" and that is reason for investigation.
Guys brought briefcases full of cash to the Vegas rally and I would imagine that got the ball rolling...
__________________
dillon o'shea
|
hammerx3
Member
Joined: 31 Jul 2008
Posts: 27
|
# Posted: 5 Aug 2008 18:13
If I'm not mistaken wasn't it just after the Vegas rally that they would not accept cash anymore?
__________________
Debbie
|
(?)
