About NorthSeaForexGroup

Posted: Sat Feb 17, 2007 11:53 pm

uncle sam wrote:

Perhaps 2007 will be the year that Ken and Paul turn things around. Here's some recent information:
"The good news is that since we have adopted this style we have had 5 weeks in a row profits and already have LOCKED IN 10% for February for you guys!!
I firmly believe that if the loss from last month was the cost that we had to pay to bring in this method, then it is a cost worth paying, as going forward into 2007 it is going to make a HUGE difference to the returns we can produce."
Well, hope springs eternal.
My first post here.....I belong to many other forums and have been working the hyip arena for six years. This looks like a professionally run venue----glad to be here.

Welcome aboard, uncle Sam. We certainly do hope that NSFG makes a full recovery. If and when they do, they will certainly be the place to be at that point of time!!

Levaz

Investor Joined: 21 Sep 2006 Posts: 160

I don't see anything good in that, if you read between the lines, the lowering of returns, the loss of last month is only due to THIER GREED. They wanted to earn more and more FOR THEM.

They lied, they were unprofessional, they were illegal and now they were greedy on members back Rolling Eyes

Moderator Joined: 19 Sep 2006 Posts: 226

Well I would like to post that yes, NSFG have had there fair share of problems. Will we see a turn around??? ... Well I found this post in hyipdiscussion today. It gives some insight on why the offical forum was closed at gold-horizons. Also, it seems that NSFG have pulled out a fantastic result for this month of +19% according to NSFG MA account holders. It only now leaves speculation on how much commision Paul and Ken will also contribute to the NSFG pooled account for this month. If they kept up this performance, I wonder if we could could get our principles back during this summer perhaps ?

Quote:

I edited that previous post, becasue they closed it again. Someone had started a thread about taking action against them and either NSFG or GHadmin shut it down. They probably would re-open it, if people would use it for questions about NSFG or general disscussion, but with all the threatening talk that was written, can't say I blame them...As long as they don't mind, I'll be happy to keep this thread apprised on any major happenings. Truthfully things have been rather quiet in the MA folder. When trading is going like it has been for the past 7-8 weeks, not much to talk about, besides the typicall "way to go". Their new trader seems to be learning the BGC platform well and helped contribute to Feb great return +19%.

Posted: Wed Mar 07, 2007 1:40 am

G'day,

I think Paul and Ken made a very bad management mistake which caused the problems in the first place and they certainly didn't help matter by trying to redeem the lost funds and not telling the members of the problems.

However, in the end they came clean, refunded those who wanted and allowed the rest to stick with it. They have been working on better trading methods and look now to have turned a corner to better times. The last returns were very good but they have stated they will still be aiming at conservative returns and minimising risk.

I stayed in the pool and am hoping all comes good. 'Investors' (read gamblers) all took known risks joining this in the first place. Even with genuine trading happening, we all knew a few months of bad trading could blow our money. We also took on the risk of the management not being up to the task of running this without any problems. I understand peoples anger, but applaude Paul and Ken for weathering it and plodding on.

This is still the most transparent program in the hyip/forex backed games we play.

Brow