Global online depository

Newbie Joined: 22 Sep 2006 Posts: 17 Location: Thailand

Quote:

Aside from red flags caused by inordinately high, and historically unsustainable profits paid to its loan partners, my investment group is a bit troubled by a cease and desist order issued against Mr. Hunter and Judge Behrmann.

http://www.ndsecurities.com/enforcement/enforcement-actions.asp?theYear=2002

I quote this comment from TG.. But for my limit knowledge+language, if anyone can explain about "cease and desist order...".

Because the trust of moderator is very important, so I'd like to know whether it means anything or nothing.. Confused

Admin, if I post in wrong place, please correct as your pleasure..
Thanks

Posted: Mon Oct 16, 2006 12:35 pm

September 10, 2002 Cease and Desist Order Buck TV.Com, Inc.
BuckBuilders.com, Inc.
BK.com, Inc.
MyFreeBingo.com, Inc.
Schematic Cash Transactions Network.com, Inc.
American Venture Trust
Larry E. Hunter
Bry Behrmann

Posted: Mon Oct 16, 2006 4:30 pm

levaz wrote:

September 10, 2002 Cease and Desist Order Buck TV.Com, Inc.
BuckBuilders.com, Inc.
BK.com, Inc.
MyFreeBingo.com, Inc.
Schematic Cash Transactions Network.com, Inc.
American Venture Trust
Larry E. Hunter
Bry Behrmann

I'm afraid I dont understand. Care to shed some light levaz?

2nd - I was about to ask you for your particular involvement with god, if you will, the plan you are in and what are your thoughts.

chancer said it is big and keeps hearing huge things, real as well. and if one invest forexample $1k, will get $7k+ afterwards with president plan as it is now, compounding. even 50%/50% compounding option generates great profits.

enobudd

Posted: Mon Oct 16, 2006 5:19 pm

enobudd wrote:

I'm afraid I dont understand. Care to shed some light levaz?
2nd - I was about to ask you for your particular involvement with god, if you will, the plan you are in and what are your thoughts.
chancer said it is big and keeps hearing huge things, real as well. and if one invest forexample $1k, will get $7k+ afterwards with president plan as it is now, compounding. even 50%/50% compounding option generates great profits.
enobudd

Those are the companies that the 2 gentlemen in question were issued a cease and desist order against. That was over 4 years ago now. Global online, to the best of my knowledge, has nothing to do with those previous operations, with the exception of the parties involment. Sadly, several e-mails requesting clarification (by various DD'rs) are yet to be answered.

In all fairness, a cease and desit order can be issued for a spectrum of reasons, the basic one being not having a license to solicit funds for investment. One of my favorite brokers had (and still has) one of these issued against him. He is licensed broker in Europe and not N. America. Fortunately, since all the funds were offshore anyway, they could only place a garnish on his personal account in his N. American bank.

I prefer not to reveal my investments in any program, but I will say that it is a reasonable amount. It is one of my smaller accounts, less than 5 digits (actually no where near that amount). The returns are rather reasonable having been exposed to products trading in the past. With the correct sources and volume, they can make substantial profits.

Levaz

Posted: Tue Oct 17, 2006 6:23 am

levaz wrote:

I prefer not to reveal my investments in any program, but I will say that it is a reasonable amount. It is one of my smaller accounts, less than 5 digits (actually no where near that amount). The returns are rather reasonable having been exposed to products trading in the past. With the correct sources and volume, they can make substantial profits.

Levaz

Okay, I'm not after exact numbers, but more like of the strategy. Thanks Very Happy

Posted: Tue Oct 17, 2006 11:49 am

enobudd wrote:

levaz wrote:

I prefer not to reveal my investments in any program, but I will say that it is a reasonable amount. It is one of my smaller accounts, less than 5 digits (actually no where near that amount). The returns are rather reasonable having been exposed to products trading in the past. With the correct sources and volume, they can make substantial profits.
Levaz

Okay, I'm not after exact numbers, but more like of the strategy. Thanks Very Happy

I am compounding away to glory here! Again, only because the amount invested here is play money! I do not rely on these for my monthly expenses.

Newbie Joined: 22 Sep 2006 Posts: 17 Location: Thailand

Quote:

I received the following e-mail today, so I thought I'd post it here:

"Hi Global Online Depository TEAM,

wanted to share some info we learned tonight with you on Global.

1. Five New Customer Support Personel hired!! Yay this should help to clear up back logs of outstanding deposits and outstanding withdrawals. Please bear in mind though that today alone they had 1800 emails so please be patient and give them some time. Contact them at globalonlinedepository@yahoo.com if you have a deposit or withdrawal that is over 2 weeks without action.

2. Global sales are through the roof!! Over $200K in sales per day.

3. Global now has 10 warehouses and the inventory is moving in and out at an amazing pace.

4. Global Direct Bank Deposits are on hold. The best method is to send by express mail to
Global Online Direct at: Global Online Direct, Inc., 60539 Peach Road, LaGrande, Oregon
97850

5. Cease and Desist Orders which are incorrect that many have seen on Internet are in the
process of being removed.

6. Company is on track to go public by end of 2006.

Remember the countdown to October 21st is on.

Join us on the conference calls and tell your friends and family to join us for this opportunity that has and is changing people's lives at:

Monday, Wednesday, Friday @ 9:00pm EST
1-641-297-5330 Code: global# (456225#)

Tuesday & Thursday @ 9:00pm EST
1-620-294-3000 Code 2603#

Saturday & Sunday @ 1:00pm EST
1-641-297-5330 Code: global# (456225#)

Regards"

I saw some of member post these quote from their team's mail after their conference. But mine as the member of GOD, didn't has any official mail like this one..

Posted: Fri Oct 20, 2006 6:37 pm

Fedass wrote:

I saw some of member post these quote from their team's mail after their conference. But mine as the member of GOD, didn't has any official mail like this one..

This was e-mailed to all members, to the best of my knowledge. However, it is always recommended to check the websites for latest information rather than to wait for e-mails.

Levaz

Newbie Joined: 09 Oct 2006 Posts: 35

i am new into this program with 4 figures, and, cross my fingers, compounding fully for the time being. one of two such "gambles" though i would rather not refer to it as such. the interesting thing is...that if just one of these programs go the distance, a loss in the other would be of no real "hurt", other than emotionally.

Posted: Wed Oct 25, 2006 9:33 pm

marianozwan wrote:

i am new into this program with 4 figures, and, cross my fingers, compounding fully for the time being. one of two such "gambles" though i would rather not refer to it as such. the interesting thing is...that if just one of these programs go the distance, a loss in the other would be of no real "hurt", other than emotionally.

DO NOT to compound until you have received your seed money!! Compound all you want after your seed money is safe in your own hands!! No matter how good or highly recommended a program, withdraw you seed first.

Levaz

Newbie Joined: 09 Oct 2006 Posts: 35

well...i'm posing this as a question and not matter-of-factly...don't want to argue with the voice of experience, especially in this "everyman for himself" arena full of muck. i would've saved $ already by doing so. BUT, i would like to ask your opinion on the following: say i place 4-1k deposits into equally "good sounding" programs (cuz after all...all this DD we always talk about is mostly a joke) that pay roundabout 15% monthly (reasonable). say i also do full compounds. NOW...say that all but JUST ONE survives and makes it to the year mark i would have effectively made an r.o.i. of 25% of THE TOTAL SUM i started out with given this scenario. now imagine if 2 were to make it.

...the question then is...(and you must remember i'm a relative newbie), how is this strategy flawed??

thanks for the advice.

Posted: Thu Oct 26, 2006 11:20 am

marianozwan wrote:

well...i'm posing this as a question and not matter-of-factly...don't want to argue with the voice of experience, especially in this "everyman for himself" arena full of muck. i would've saved $ already by doing so. BUT, i would like to ask your opinion on the following: say i place 4-1k deposits into equally "good sounding" programs (cuz after all...all this DD we always talk about is mostly a joke) that pay roundabout 15% monthly (reasonable). say i also do full compounds. NOW...say that all but JUST ONE survives and makes it to the year mark i would have effectively made an r.o.i. of 25% of THE TOTAL SUM i started out with given this scenario. now imagine if 2 were to make it.

...the question then is...(and you must remember i'm a relative newbie), how is this strategy flawed??

thanks for the advice.

Whether you have DD or not, my suggestion is to recover your seed capital FIRST. Then compound partially - what is the point of compounding if you do not withdraw any money. The chances of most of these programs lasting till you find that you have made enough is slim to none.
At 15% monthly, you can recover your capital just over 6 months, and you can leverage your chances of winning by re-investing those funds into another program.

The only flaw in your strategy is the assumption that the program will last. Few programs survive past 6 months (less than 8-10%) Of these very few make it past a year (90% of the surviving 8-10% are dead by now). Rarely do any make it past the 2 year mark (98% of the remaining programs from the last statistic). What are the chances that any of your 4 programs belong in the last category?

There are only a handful of programs that have survived the test of time.

Levaz

Newbie Joined: 09 Oct 2006 Posts: 35

Thank You. Nothing else to add.

Newbie Joined: 27 Sep 2006 Posts: 13

There are several legitimate programs that you can earn 15% annually and much, much more. I recommend visiting the Trident Press (AU) to do some reading. Very Happy

I personally own several different books from there and am completely impressed. Once I am able to get a good starting investment, I intend to drop HYIP's altogether.

Posted: Thu Nov 23, 2006 1:15 pm

I am getting pretty pissed with the check payments ONLY option. I hope that they sort out the e-currency issue soon.

Levaz

Newbie Joined: 09 Oct 2006 Posts: 35

yeah, it kinda sucks (really). i haven't recieved my referral check in the mail yet and time keeps on rolling by. i so so hope they will pay indeed, AND allow payments to e-currencies.

BTW levaz, after our little exchange, i am now NOT compounding, and hope to recover my seed in all programs. good luck!

Posted: Sun Dec 03, 2006 9:17 pm

marianozwan wrote:

yeah, it kinda sucks (really). i haven't recieved my referral check in the mail yet and time keeps on rolling by. i so so hope they will pay indeed, AND allow payments to e-currencies.

BTW levaz, after our little exchange, i am now NOT compounding, and hope to recover my seed in all programs. good luck!

Excellent choice, Once the seed money is in your pocket, you will then be in a position to take bigger risks with the earned profits!!

Levaz

Newbie Joined: 09 Oct 2006 Posts: 35

over 1 month gone by and still no referral check. the famous "check in the mail" did not arrive for either me or my dad. i sure hope i can withdraw money when my lock-in period expires on Jan 19th. anyone with any positive news on them to report would be rather encouraging. i have a good 4 figures in this one, and of course, only myself to blame. i don't yet think it's a goner though. by the way, i love this forum and the people that hang out here. i need to check in more often, cuz this is the place to be for sure.

Posted: Sat Dec 23, 2006 4:22 pm

I have a couple of 4 digit withdrawals pending since early this month too. I am being patient, knowing fully well that they have had genuine issues with the on-line payment accounts.

The upline to the person that sponsored me has direct contact with the 'powers that be' and has been advised that things are slowly but surely falling back into place. The holiday season plays havoc with schedules.

I don't think Global is going anywhere, so I will wait patiently (very tough thing to do in this environment!).

Levaz

Newbie Joined: 09 Oct 2006 Posts: 35

many thanks for your encouraging reply levaz. another reminder of why i like it in here so much.

Newbie Joined: 21 Nov 2006 Posts: 51

levaz wrote:

I have a couple of 4 digit withdrawals pending since early this month too. I am being patient, knowing fully well that they have had genuine issues with the on-line payment accounts.

The upline to the person that sponsored me has direct contact with the 'powers that be' and has been advised that things are slowly but surely falling back into place. The holiday season plays havoc with schedules.

I don't think Global is going anywhere, so I will wait patiently (very tough thing to do in this environment!).

Levaz

thats pretty encouraging. I hope it comes thru for ya

Investor Joined: 25 Sep 2006 Posts: 194

OK... that's it

Another program that make easy to cash your money, and a very difficult long nightmare to take some profits back.

I found (I was not informed yet) the nice story of the check that they should send by mail.
It looks like an Asimov's imaginary tale.

First, if you submit a contract, they should honor it with the same rules, and apply the new rules (too different) just to the new contracts.
I would never send them my money if I would know about the checks!

So, guys, for Global OD, GC and many others (edited - this belongs in private folders, Fabio) ... what is the right position of such programs in the forum folders?
I would start moving programs more dinamically, to advice in a clearer way the members.

We should use always the same standard. Example: we did put in the past e-bastion in the SCAM folder while they were paying (thanks God they are still paying me…so far). We are still not convinced that they are genuine, ok, I can agree!!!

And what we do with programs with pending payments, even if with DD and prestigious name??
To me Global, GC and some other should already find place in "facing moderated problems", because here too, as for GC, we have people waiting for money, gold, check, whatever!

Anyway, I have to submit my withdrawal request (500 USD) to Global O.D.and I feel already pissed off.

This story is becoming an annoying loop. No one of these programs pays without problems and without make you sweat!

I start thinking that we are sado-masochist HYIPaholyc people in need to go to the Betty Ford clinic for a treatment!

Posted: Tue Dec 26, 2006 12:16 pm

Fabio wrote:

OK... that's it
Another program that make easy to cash your money, and a very difficult long nightmare to take some profits back.
I found (I was not informed yet) the nice story of the check that they should send by mail.
It looks like an Asimov's imaginary tale.
First, if you submit a contract, they should honor it with the same rules, and apply the new rules (too different) just to the new contracts.
I would never send them my money if I would know about the checks!
So, guys, for Global OD, GC and many others (edited - this belongs in private folders, Fabio) ... what is the right position of such programs in the forum folders?
I would start moving programs more dinamically, to advice in a clearer way the members.
We should use always the same standard. Example: we did put in the past e-bastion in the SCAM folder while they were paying (thanks God they are still paying me…so far). We are still not convinced that they are genuine, ok, I can agree!!!
And what we do with programs with pending payments, even if with DD and prestigious name??
To me Global, GC and some other should already find place in "facing moderated problems", because here too, as for GC, we have people waiting for money, gold, check, whatever!
Anyway, I have to submit my withdrawal request (500 USD) to Global O.D.and I feel already pissed off.
This story is becoming an annoying loop. No one of these programs pays without problems and without make you sweat!
I start thinking that we are sado-masochist HYIPaholyc people in need to go to the Betty Ford clinic for a treatment!

Fabio,
While we do understand your resentment for these programs with current delays, we do know that Global and GC are undergoing changes. Both of which were earlier announced. The difference between these programs and others is that they do announce in advance about such changes, and they do not disappear shortly (2 weeks or a month) after.
The payouts are trickling out from both programs, even though things have slowed down. Global because of a shift in processors - from 3 down to 1 and the other is changing the actual physical mode of payment.
The primary difference and our reason for not shifting the location of such programs is that they are expected, unlike most others, to revert back to level of normalcy, once things are sorted out.
While we agree with your sentiments of displeasure with having to wait a little as opposed to instant gratification, these are programs with a history of performance, and a decent level of expectancy of normalcy eventually.
As far as e-bastion is concerned, we did resurrect it, at your specific request, and against our better judgment. Just because a program pays - for now - we still have not revised our opinion about it.
Levaz

Investor Joined: 25 Sep 2006 Posts: 194

Levaz

Until different provided evidences, I would not change my opinion toward all the programs that are not paying.
Program that are not paying to me are just not paying, and in fact they are thousands kilometers far from me, the only thing that I recognize is the money in my account.

CRJ, GC, Global, FXE, SFG-H, Udachu Fund, Ibiza Traders and some "prestigious" that I cannot name here, due to NDA signature, to me are just NOT PAYING programs.
They can be administrated by Mr. Ferrari or Berlusconi, but I have no evidence of payment from EACH of them since I joined in September giving them thousands of dollars.

Thus I find unfair to suspect of murder someone before he does it, and to permit to become not paying some prestigious ones closing our eyes.

Who is paying me in this moment? Some daily profits program that at least already paid back half of the principle... and at least with this amount I can go and buy to myself and my family an Ice-cream.

Better some coins to buy an Ice-cream than the other virtual money that I see on my matrix but I cannot touch
The same prestigious programs did not accept my "I will pay" commitment, but my real dollars! So I recognize money and not excuses of any nature. If you see in this moment almost all of them got very good excuses: My exchanger took the money, I invested in the wrong trade, I am changing office, I had an accident...etc..etc... just use your fantasy to find the next one!

No money in my account? Not paying program!

Posted: Tue Dec 26, 2006 3:33 pm

Fabio wrote:

No money in my account? Not paying program!

Agreed.