marie2success

Dear GTSGT Partners,

If you haven't noticed yet, please see this thread "The Very Sad News":
http://goldentalk.com/t74597.html

We have lost our dear friend Jambutty, founder of the Golden Talk Syndicate Gravy Train,
exactly three years after establishing this project.

He managed to bring this venture to a good end.

However, perhaps we may get something out of our last remaining investment.
If so, I will keep you updated and try my best to follow dear Jim's example to manage the last steps of our project successfully.

Jim - we will never forget you.

rainbowrunner

I feel as though I have lost a very dear friend and I never met him in person. It's so sad.

mpetersrx7

Wow. Very sad news indeed. We will miss you Jim.

Forumtech

Very sad news i just read here now. So, he didn't survive this sickness. Sorry dear great founder and friend here. We all miss you so much now. May your soul rest in peace.

rsa10

So sorry to hear this news. I a bit late in knowing this, because I was ill the whole week last week. I just started browsing here and realized the greyed logo we have but did not realized this was for our dear Moderator.

beanstalk

Oh! What very sad news. I'm sorry to have not realised earlier, but have not been visiting GT lately due to other commitments.

It's hard to imagine GT without Jim- his blue moderator name so frequently highlighted at the bottom of the page indicating his presence, his countless posts sharing his insights and experiences of hyip as well as those keeping forum members honest and accountable, and my inbox remains filled with many old PM conversations mostly with Jim. When I first ventured into the hyip world it was Jim's guidance and support which most helped keep me somewhat sane in what is a very topsy- turvy arena with rules and ploys unlike anywhere else.

Thank you Jim for always being available for assistance, support, and online friendship. You were always firm but fair, and always efficient and dependable and insightful. A trustworthy online friend and mentor. RIP.

Forumtech

It had been so long i never visited this thread, after the death of Jim. Here now, am some how confused because of the team, whether the investment we have is still carried on, even after our leader's departure. Nothing seems to be happening again here. So, could any active member here in our team tell how things has been going on?

marie2success

Hi Forumtech and all, there is no real progress regarding our 10MDC account yet. As you know, the program has been closed last year and will be liquidated because the owner Mr. Helmut Kalle (who is in his early seventies) is too ill to continue Forex trading after two strokes, as he told us.

Moreover, the real reason is that someone denounced it to the German authorities because he collected funds from the members and traded without having a license (just like so many other HYIPs). And so the German BaFin (Federal Financial Supervisory Authority) stopped the program last year and is forcing Mr. Kalle to repay the members. This is supposed to happen via an agency from Dubai who is charged with the liquidation.

The BaFin website states (translated):

"The "ISA World Ltd. (10MDC)" is bound to repay all investors absolutely repayable funds they adopted on their business accounts for Mr. Kalle, as far as the claims for repayment of the investors were not satisfied otherwise.

The regulation of the BaFin is immediately enforceable by law but not yet legal valid."

Note this passage "as far as the claims for repayment of the investors were not satisfied otherwise". I'm not sure but I would interprete this sentence like this: only those who aren't in profit, will get something back.

Thanks to dear Jambutty's wise foresightedness and management, our 10MDC syndicate account ended being in profit, so I'm afraid that we are not eligible to get a refund.

Anyway, we can't do anything at the moment except waiting for an email from that Dubai agency who will, according to Mr. Kalle's latest statement, contact the members, asking for their bank details.

You see, it's a long-winded story and I'm not sure what to believe or not...
anyway - will keep you updated.