I just requested a WD via EGold for $4000 and here is what's left on my account summary:

Cash Balance: $201.49
Buying Power: $201.49
Shorting Power: $201.49
Long Stock Value: $48,721.35
Short Stock Liability: -$0.00
Margin Received: $0.00
Account Value: $48,922.84

So I have plenty of reserves to cover my $4000 if there is a problem. I would think this should be a fast and easy one to process.

I will post updates here and any info I get as to how long this will take just to keep you all updated with what's going on with ASM.

I hope I get it next week as promised, but only time will tell on this one.

I didnt get my EGold credited today as I had hoped. I just fired up a ticket to see what I get back...

Ticket: 14553 Date Created: 4/5/2007 3:24:00 AM
Ticket Status: Open
Problem Subject: Withdrawals
Problem Description:
I requested an EGold withdraw on Thurs 03/29/2007 that was supposed to process on Fri. 03/30/2007 and then be paid (sent out) on Weds 04/04/2007. It is now 04/05/2007 and my EGold account has not been credited. I am asking for an update of my withdraw process. Thank You! ~ Nick

I will keep you all posted

Dear Nick:
Your withdrawl will be processed in the order that it was received.
The hardware failure caused many delays for other pending withdrawls
therefore, those are priority and yours will be in the queue of payments.
I'd expect it to be processed in a couple of weeks. I apologize for the
delay however, appreciate your understanding.

Kindest regards,
Christina
ASM Client Support - Accounting


I am just hoping they keep me updated and don't keep pushing back the deadline. Only time will tell. Check back here for updates.

You mentioned you expected my payment to be processed within a couple of weeks on the 5th. Its now the 16th, I am just looking for an update to see if we are still on schedule for having my payment sent to my EGold account by around the 19th or if a new timeline has been issued? As long as I am updated I feel comfortable. Thanks for your understanding.

Thanks for the updates,
Nick Johnson

Dear Nick:
To my knowledge, we're still running through the batches. The only new update I have is that you will be mailed a check as we cannot offer Egold withdrawls until further notice. I will email you the confirmed maildate for your batch. Thank you for your understanding and cooperation. Kindest regards,

Christina
ASM Client Support - Accounting

On May 7th I wrote:
Christina, It's been about 2 weeks since our last contact. I am just hoping there is some sort of update for me on the check process? Has it been sent? When should it be sent? You have any more information for me on the process? I am hoping to get the funds for a personal project and would like to build a solid timeline on my end as far as when I can order things and set up appointments. I hope you understand. Thanks for your time and patience with me so far ~ Nick

May 9th got me this reply:
Dear Nick: I will notify you as soon as your check goes out. Unfortunately, at this time I don't have a fixed date to give you. I will do my best to obtain one from our Accountants as they're running the scheduled batches. I appreciate your patience with this. Kindest regards, Christina ASM Client Support - Accounting



Still waiting and with no end in sight yet

I have not heard anything else, so I sent an email requesting an update:

Christina,

I am just looking for an update on this Withdraw request. I have heard from others that they are being given dates that they can expect to have a check in the mail to them. This Thursday the 7th of June, 2007 will be 10 weeks exactly from the date of my withdraw request with no update(s). I would really appriciate anything you can tell me in regards to this process. Is there anything I can do to help the situation? Anything that would help you to have it processed? I am willing to help if I can. When can I expect my $4000 request to be headed my way? Thanks for your time on this matter and I look forward to your reply.

Thanks again for your time,
~ Nick

And here is my account info at this time just to show I can more than cover the WD request:
Cash Balance: $1,462.89
Buying Power: $970.39
Shorting Power: $970.39
Long Stock Value: $64,045.61
Short Stock Liability: -$0.00
Margin Received: $0.00
Account Value: $65,508.50

All my deposits into ASM minus the WD's previously requested and paid leaves a NET Deposit into ASM at approx $15,400. So I have plenty into ASM to cover this small request.

6/6/2007 12:05:00 AM Customer Support Wrote:
Dear Nick: According to the withdrawl schedule, your set to receive your withdrawl the week of 6/20/07. Thank you for your extreme patience during this transitional period.
Kindest regards, Christina ASM Client Support - Accounting

I sent this to ASM Help to confirm my WD being sent:


It's now Sunday the 24th, past the week of the 20th that was mentioned as the week I would receive my withdraw. I just wanted to confirm that it has been sent to me or not? I am looking forward to it finally Thanks for your time ~ Nick


I will update as things permit.

6/26/2007 4:31:00 PM

Dear Nick: Your withdrawl will be sent to you in installments. You are scheduled to receive $1500 this week. I will notify you as soon as it's confirmed trasmitted. Thank you for your patience with this transitional period.

Kindest regards,
Christina
ASM Client Support - Accounting