Wednesday 23 February 2011

23/02/2011 Smile and the world smiles with you :)

Time is a weird thing. Some have plenty of time to do nothing, others have no time to do plenty. Then you have the problem of trying to make time. Why do we all evolve around time? Time management is where I am currently at. Making sure that my hours are used in a way I can get the best out of them. Hmmm pretty deep or confusing huh.

Today i kicked started my day with some humor. Got me in a great frame of mind. Thought I would share this as it is a classic.

Wednesday 9 February 2011

09/02/2011 Dance party is over

Woke this morning to an email from Ivan the Admin of SynergyMoney. Yeh, kinda had a feeling that it wouldn't be good news. But of course was hopeing it would be something cheerful. Anyway this is the update.
Important update
Dear all,

This is an important update so please take the time to read it carefully. Given the recent circumstances in respect to the inflow of funds coming in to the Synergy Money payment accounts we have to implement some immediate actions. Let me first say that I will work out a solution that serves best the interest of the members of Synergy Money.

**What lead to this situation**
The big ROI (considering the 25% return of the serial plan) and the slow growth during our 3th month. We raised bigger deposits during our 3th month from our old members who were increasing their accounts regularly but the new members joining were more reluctant to deposit new money in the program. This is simply a natural cause and it is better to take actions before the imminent end.

**What is next**
First step will be to disable all deposits and cashouts from the program. Also the deposits that were made this week will be refunded in full. Right now I have a list of all the members and how much they have made or did not make from the program. I will zero out the accounts which gained profit. You can see if you are in profit or not by the ROI calculation on the home page of your back office (Wallet funding – Wallet cashouts). The accounts which are still owed will be refunded to the point of breaking even their investment amount. In the case of potential opportunity to generate profit on the top of your principal amount, I will definitely take it under consideration and pay deserved bonuses to those members. The amount will depend on the success rate and how the process of those opportunities has performed.

**A matter of consideration**
The whole process might take some time. That is why I am going to refund specific amounts on biweekly terms. The first refund round will start on 23th of February. However, investors with losses under $10 will be refunded faster. Each refund week I will be crediting your account with the appropriate interest on the difference amount (Wallet funding – Wallet cahsout) and it will be announced to you via email and published on our News section. I cannot give you an estimate or a number of how much that would be. Then, you will be able to request a withdrawal to your payment processor. The minimum to withdraw will be $1. Your accounts will be reflected with the difference amount of your invested money and your withdrawals.
I will be keeping you updated on regular bases. I am not going anywhere and the site will stay online for as long as it takes.

Ivan

My opinion? Well all seemed to rockin' along nicely. Unable from my end to tell how many members there actually were and or what they were doing, I was under the impression that we were slowly growing. But as per the explaination in the above email and the fact that in reality it is only the owner/admin that sees the whole picture and decisions are made from them, well it turns out reasonably well. Ivan didn't run away and hopefully he will hold true to the claims he has made. As always, anything is a risk and depends how you play it. I had fun, risked a fair amount of money to make a few bucks. That's how the cookie crumbles.