Jude 2

What's new?

Besides watching the revival, I refinished my deck and cleaned my carpets this week.. started a new soc class and have been going to Algebra nightly. (Thanks for your prayers, that is going pretty well...!)

What's new in your neck of the woods?

I had some comp days off work that I scheduled around the holiday so it has been a nice relaxing week and now I'm looking forward to the weekend again. We may go see the shuttle launch. I also got a replacement phone for my broken Treo 650- a new Treo 750 and I love it!

What about this?

https://www.pathway-2-prosperity.net/sy ... =index.php

I have friends who are about to invest in the P-2-P program full force. They say they have done their homework and are convinced due to a local acquaintance who has prospered. I am not convinced, but rather very skeptical.

pa

pastorables wrote:What about this?

https://www.pathway-2-prosperity.net/sy ... =index.php

I have friends who are about to invest in the P-2-P program full force. They say they have done their homework and are convinced due to a local acquaintance who has prospered. I am not convinced, but rather very skeptical.

From their "TERMS" page...

"Publicity

We will not tolerate nor accept any bad publicity of any nature, from anyone whatsoever. The posting of information in external media sources must be kept appropriate and in line with the terms, rules and regulations of this "Club". If you are unsure ...... PLEASE ASK FIRST !?!"

Wonder why that is a concern?

Pastor Gary wrote:Wonder why that is a concern?

Mmmmm...not sure. From what I can dig up searching the web, this may be a Ponzi scam where the initial investors score big leaving the latter investors holding the bag.

pa

One of the big investment plans here in Southern Cal that has made its way into many churches is Foriegn Exchange. We had a few trying to get Nancy and I to invest ( as if I had any thing to invest ). At first they seemed to make good money about 15-20%. then last month they were loosing over 50%.

To risky for me.

pastorables wrote:What about this?

https://www.pathway-2-prosperity.net/sy ... =index.php

I have friends who are about to invest in the P-2-P program full force. They say they have done their homework and are convinced due to a local acquaintance who has prospered. I am not convinced, but rather very skeptical.

pa

This is all you need to know to run 180 degrees in the other direction quickly:

Private Transactions

As a private transaction, this "Club" is exempt from the US Securities Act of 1933, the US Securities Exchange Act of 1934 and the US Investment Company Act of 1940 and all other rules, regulations and amendments thereof. We are not FDIC insured and are not a licensed bank, security firm or any other type of investment house, trader or broker.


.....

Liability

You agree to indemnify and hold all principals and registered members harmless of any liability. You are depositing at your own risk and agree that past performance is not an explicit guarantee for the same future performance. You agree that all information, communication and material you will find in this "Club" are intended to be regarded as an informational and educational matter and not investment advice.

Poorly written terms overall, amateurish, and above all else, dangerous. I seriously doubt these people are truly exempt from the SEC rules because they are "private". That's like saying you're not operating a strip joint, even though there's naked girls in there, because it is a private members only bar (and, yes, it's been tried and failed). Yeah, right.

Furthermore, anything that requires you to indemnify and hold harmless other people for wrongdoing with YOUR money ..... no way. And, what is a guarantee when it is not "an explicit guarantee". Well, it is an implicit one, and saying there's no explicit guarantee is not the same as saying explicitly that there is no guarantee, which is what I think they're trying to say to skirt any warranty/guarantee laws, and which they've done a horrible job of here. I think it is pretty website with a lot of junk on it, and if you're the friend of anyone putting their money in it, tell them it's junk or at least go out of your way to be critical of the thing when telling them "no, thanks".

Oh, and what did I do this weekend? I put together a jungle gym kind of swing set thing you buy at Wal-Mart for my daughter. Like watching a monkey trying to kiss a football.

Is "P-2-P Network" legal?

Legal and clean! Although every country has different views on foreign investments, "P-2-P Network"operates in a jurisdiction where it is 100% legal to manage private funds internationally. Again people, you must ALWAYS realize / understand the fact that YOUR funds SIMPLY "piggy-back" on our own "Personal & Private Portfolio"!! If you are unsure whether you are allowed to participate in your country, please ask a registered advisor of your rights to participate in private investments, private "Clubs", funds and loan clubs (these are the categories it legally falls in).

I wonder what jurisdiction that is?

How has my week been? Well, I'm still grieving over the death of my cat. I have fleas in the house. I discovered Sunday night that termites are in it as well. Then my car broke and had to be put in the shop.

But all will be well. I got the car out of the shop today, the exterminator has started on the termites and will be here in the morning for the fleas. The damage from the termites is not major and the house isn't going to fall in on me! I got a refund check in the mail. The best thing is I got to spend Sunday afternoon with my family. My little granddaughter who will be 2 in August told me she loved me for the first time! My heart just melted. My life is good. I am blessed abundantly by my Father!

Martha wrote: Well, I'm still grieving over the death of my cat.

I am sorry for your loss; I have a papered Siamese FREE to A good Home. Batty as can be and hides most of the time.

Gerald, thank you for your kind words and thanks for the offer but I have another cat who is about 15 years old. Rather cantankerous old gal (a lot like me .) I don't think she would be too happy with another cat.

macgulley wrote:
I wonder what jurisdiction that is?

The company is supposedly from Canada and all transactions have to pass through a "holdings" bank in the U.S. to get to your account, etc. You can only become a member through a member, and one local man has already profited $8,000 in just over one year. I am still very skeptical.

pa

Martha wrote:How has my week been? Well, I'm still grieving over the death of my cat. I have fleas in the house. I discovered Sunday night that termites are in it as well. Then my car broke and had to be put in the shop.

But all will be well. I got the car out of the shop today, the exterminator has started on the termites and will be here in the morning for the fleas. The damage from the termites is not major and the house isn't going to fall in on me! I got a refund check in the mail. The best thing is I got to spend Sunday afternoon with my family. My little granddaughter who will be 2 in August told me she loved me for the first time! My heart just melted. My life is good. I am blessed abundantly by my Father!

I really appreciate your perspective...it's refreshing to hear someone go beyond all the bad that is happening and realize that things truly aren't all that bad!

One of my favorite phrases from the word is ....and it shall come to pass....

It didn't come to stay....it came to pass! For everything bad we encounter, we can find something good.

I'll pray with you for the bad....and I rejoice with you for the good! Thanks for the positive words!