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  #21 (permalink)  
Old 10-20-2006, 11:45 PM
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So that was the post on ASM from you, that wasn't you? Just to clarify?
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  #22 (permalink)  
Old 10-21-2006, 12:03 AM
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Quote:
Originally Posted by slinger2424
So that was the post on ASM from you, that wasn't you? Just to clarify?
I have been locked out of ASM for almost 3 months now... anything within the past three months, give or take a few days, is not from me... it is a concocted ploy by ASM... Cheers!

IF, the post really did happen... I didn't catch it, but someone asked me if I had made a post and I flipped, b/c it wasn't me...
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  #23 (permalink)  
Old 10-21-2006, 12:12 AM
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Quote:
Originally Posted by hollywoodcole5840
ASM posted under me even though I am locked out... According to a reputable source... gentlemen... my exclusive interview was great... I learned alot and let it be known, if you get screwed by ASM we will take them out... there are certain traders who have documentation on certain things, have ties with ASM and who "were" privy to info that never was released... the Grand Pubah is starting to bite the hand that feeds him and the bubble is about to burst... Don't bother withdrawing, they won't let you anymore, is what I am starting to hear... My grapevine is getting longer... and ASM's timeline is getting shorter... here is the thing; we aren't going to kill ASM yet, we will let the S.I. article hit, let the Grand Pubah get rich, then we are going to nail him... people have too much documentation even for him to weasel his way out of...
There is not gonna be a S.I. article. Why do you all keep thinking there will be an article? ASM is a site run by amateur web designers, an amateur manager and amateur support people. You are told lie after lie and still you are thinking that maybe some of it could be the truth. I thought that only Logaperc, Tikiboss, Johnnyq and tahoesb were brainwashed by the CEO. But I see that some of you are still believing that this site is going somewhere. Compare this site to Neteller, Betfair or something alike and you will know that there will never be an article in a major magazine. Which magazine would print an article about a site that isn't paying their customers? Please wake up.
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  #24 (permalink)  
Old 10-21-2006, 12:44 AM
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if you pay a magazine enough they will advertise you thats not the issue here but i agree they seem to have stopped paying out to older members and are only paying out to new ones to give them reason to deposit more

the original members are not making deposits anymore so asm is loosing money every time they withdraw

i don't know how much we can do to them as long as they're in costa rica but if they ever came to the states i'm sure the lawsuits would be nonestop which is why i believe they know they can't get legalized as a market in the states at this point and are using the constant announcements to keep people interested i doubt they're any closer to the goal then they were a year ago if anything they're probably further
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Old 10-21-2006, 01:16 AM
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Quote:
Originally Posted by finalstep
they must be out of money and if thats the case they will lock out anyone that requests a big enough withdrawal they can't cover ... from what i've seen they seem to be fulfilling small initial withdrawal requests of new traders only i forget what thats called but its not good news
It's called a "Ponzi scheme" when money from original depositors is tied up while newcomers are paid, in hopes of them refering new people with fresh money into the system. The original investors are no longer an asset, but a liability on the system. Usually what happens towards the end of the scam as the developers try to obtain as much cash as quickly as possible before it goes under.

Anja posted on this a couple months ago. No offense final but, you just became concerned NOW!?

I don't think they paid for this magazine article. Had they paid, it more than likely would have ran months ago when it was supposed to, last March or Chris would/should be furious by now that they haven't followed through with it.

The all aboard thread at ASM today is a joke. That news is bulls#it. It's the same old song and dance they've been saying since I found the place. The list of fools that get excited over these announcements get smaller and smaller, making me wonder if there are any more 'employee traders' floating around. The announcement was nothing but talk and doesn't tell anybody anything new. It casually mentions the 'U.S.' and people had to change their pants. Give us a break.
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  #26 (permalink)  
Old 10-21-2006, 02:03 AM
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.....................................

Last edited by hollywoodcole5840 : 11-17-2006 at 11:00 PM.
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  #27 (permalink)  
Old 10-21-2006, 02:12 AM
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I agree with HollywoodCole 100% on this one.

Yes the article will hit.

And yes they seem like they want to be real and play with the big boys, like a real business. Only time will tell though.
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  #28 (permalink)  
Old 10-21-2006, 02:59 AM
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Quote:
Originally Posted by hollywoodcole5840

Vess,

I agree, it seems very, very, very much like a ponzi scheme with aspirations of being a successful business...

That is a very good description of ASM right now.

To me, the site is almost like a science experiment. How long can different groups of people be strung along without seeing physical results and still hold faith in something? It seems like all Chris has to do is merely mention 'U.S.' in any statement, in any vague context, and people's imaginations will do the rest. I'm shocked at how excited the same people still are after this much time and considering the state of the site right now. Even if the magazine article hit stands tomorrow and 50,000 people signed up, do the existing problems disappear? Would all of these trial accounts magically be unlocked over night after such a scenario?

They've backed themselves into a corner. No matter what happens with the trial accounts now, it won't look good. Either it will confirm that they were out of money, or all of the locked out people remain locked out. They shot themselves in the foot.
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  #29 (permalink)  
Old 10-21-2006, 03:33 AM
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Talking

Or they landed that magical 8 million dollar investor...
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  #30 (permalink)  
Old 10-21-2006, 07:37 AM
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i think what they're counting on at this time is by locking out a lot of traders they will keep a lot of money for the time being that would have otherwise been withdrawn on top of which they plan to auction off the "repossesed stock" to make up for their losses ... they hope the SI article will bring in a lot of new traders with new money at which point they believe they can start over and possible have the cash to payout the old investors and get back to where they were

this is just a theory and it may or may not work out if it doesn't asm will likely go under ... whatever happens though i don't believe there's any legit chance of asm becoming legalized at this point


ps. vess no i've been onto this for a long time i'm just starting to put the final puzzle pieces together now
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