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Kum Holdings: Will Pay 2 Weeks of Missing EG Payments?
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#1 |
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Banned
Join Date: Jun 2005
Location: BJ CHINA
Posts: 924
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Any more infor?
Does anybody shifted from EG to EB get paid in EB? |
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#2 |
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Pragmatic Moderator
Join Date: May 2005
Location: Phuket, Thailand
Posts: 2,651
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Hello Truly.
The way I read the latest update is : No-one who has had to shift from E-gold to EB will lose more than 2 weeks payments... now that, I think, is a different interpretation to yours ? Good Luck
__________________
No more refs, no more false hopes. There is no such thing as Get Rich Quick. If you can cut your losses, you will increase your profit |
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#3 | |
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Banned
Join Date: Jun 2005
Location: BJ CHINA
Posts: 924
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Quote:
Missed E-GOLD loans can indeed be recovered partially (not iPTS loans) and the lenders will never lose more than 2 weeks of payouts. |
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#4 |
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Where to invest???
Join Date: Jan 2006
Posts: 1
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I believe if you read the latest update, the say additional funds may be recouped reducing loss to 1 week.
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#5 |
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Pragmatic Moderator
Join Date: May 2005
Location: Phuket, Thailand
Posts: 2,651
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Well, whatever. Either way you will lose a payment or 2.
I was giving this program serious thought until this fiasco over e-gold. It sounds like someone really got his knickers twisted, and went overboard with 'corrective measures'. Or was it just a good excuse not to pay everybody? Must have really believed that Egold was going the same way as Intgold. With an Admin that close to hysteria I am hedging my bets for a while. I prefer a program that responds to it's investors, not one that dictates procedure on the results of media hype.
__________________
No more refs, no more false hopes. There is no such thing as Get Rich Quick. If you can cut your losses, you will increase your profit |
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#6 |
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Investor
Join Date: Dec 2005
Location: Bulgaria
Posts: 147
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IMHO KUM will stop paying at all - because it is a scam. The excuse with the payment processors is extremly ridiculous
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#7 |
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Senior Investor
Join Date: Sep 2005
Location: Japan
Posts: 630
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I am with you PeterG. I was giving them serious thought, but they jumped the gun and now it has people squirming. $5,000 is a lot to part with if you are dropping it in the hands of someone prone to panicking. A program like KUM things get difficult because there is no downtime for the investment. People are going to lose money and that can spell disaster. Even in a legitimate trading program, they still have to make their dividends, pay their bills etc... If you get people flying out of it, it does hurt, does it not? We do not even know how legitimate KUM is. I will be holding off for at least another 6 months and by then who knows what other opportunities will be presented. Not a good time for private programs is it?
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#8 |
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Banned
Join Date: Jul 2005
Posts: 47
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Yes, the e-gold issue and Ipts problem really kind of stopped things. Supposed to get back on track with payments Jan 23-30 with new processor e-bullion.
This has been one of my best programs. |
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#9 |
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Pragmatic Moderator
Join Date: May 2005
Location: Phuket, Thailand
Posts: 2,651
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The "It's Your fault" fight between KUM and iPTS is verging on the ridiculous.
It is very difficult to decide who is being truthful and who is not. Add the panic change over from e-gold to E-bullion (who themselves may not have the capacity to handle a fund as large as KUM reckons it is, with payouts of $2.5 Million per week) and it becomes my opinion that this is one to stay clear of. If you want 40% profit per month without hassles, go to Offshore Club, or CNY, where you can do it with just $50 and without all the hysteria....
__________________
No more refs, no more false hopes. There is no such thing as Get Rich Quick. If you can cut your losses, you will increase your profit |
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#10 |
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Senior Investor
Join Date: Sep 2005
Location: Europe
Posts: 664
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I've been paid for the last Monday into e-gold as promised...we'll see next Monday with e-bullion payments.....
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