People In Profit System (PIPS)

Promises John, promises.

psst, want to buy a second hand car?

Neb

In message , Tumbleweed writes

Im glad its not just me then. What made the OPs friend expect to make a profit then?

What exactly do you mean by this?

We're rather a sober lot in uk.finance actually. It's one of the least polluted newsgroups around.

Now thats bound to be the kiss of death for our little haven of tranquility!

Neb

In message , Nebulous writes

Well Neb it is like this!

On TV we "CONSTANTLY" in news programs on TV have "WORLD" "FINANCE "SUPPOSED" EXPERTS"!!!!!!!!!!!!!!!!

Who SPOUT WORDS WQRDS WORDS!!! (They do not themselves understand.)

THEN!!! We get some "Nitwit" from the TV lot pretending they do!!!

Why you ask?

Because "No one knows what is going on!! (Talk about double double bluffs!!

Why you ask?

Well it is simple Neb they have all kissed bums to get on to TV to impress "Aunty" or however, so must not let the side down.

"Roger J. P. Jones" wrote

You would do good to heed your own advice.

I have a rather nice London bridge for sale, if anyone's interested. Two million quid for a quick sale.

Mike.

You are Sir Jean-Paul Turcaud and ICMFP

Frightfully sorry old chap. Didn't mean to intrude. My mistake entirely. I just didn't spot the green ink in your previous post. The capital letters were a bit of a giveaway this time though.

I wont disturb the obvious peace of uk legal again.

Neb

Context boy, CONTEXT!!!!

Now sit up Jones & pay attention!!!

Joe Lee

a good salesman's patter

tim

which one are you selling?

tim

Bitstring , from the wonderful person tim said

Which one do you want??

=I= can do it for 1.5 million, since I've got an inside track to the Mayor's office.... 8>.

Which one would you like? I'm sure we can come to a very attractive arrangement. In fact, I'll offer a second at a 50% discount, so that's three million for any two bridges of your choice.

Now that should be an irresistible offer to anyone who invests in PIPS. Please form an orderly queue.

Mike.

Investment groups aren't illegal. This looks like an investment group with extremely large claims. You do have to risk your money however, and usually the members of a small investment group are known to each other and decide between them what to invest in and what risks to take. Large investment groups tend to give poorer returns but less risk.

So when they claim a lot, be wary.

Martin <

In message , Martin Davies writes

OK, please tell me what they are claiming. I can only see that they mark regular charges. I cants see any bit about profit at all.

To become a PIPS member you click on the Join Now button and make a payment of US$450, from this payment US$25 is the account setup fee and the remaining US$425 is a private agreement between you and PIPS to LOAN those funds to the company for a period of 180 calendar days.

PIPS agree to repay such loan to you with interest as determined by the program. Repayments and interest are paid only on Business Days, the Business Days are determined in line with the NYSE calendar.

Repayments are on the basis of the first 54 business days being for the loan principal and the interest is paid over the remaining business days in the

180 day calendar window.

They are paying interest.

If you look at the Excel file they have, return on investment for a $150 a month payment is $2.85 a day. Which is $59.85 in the first month. And increases with monthly payments.

I notice they don't have any details of how the funds have performed in the past, with dates. So possible that information isn't available yet, and they are betting on the future.

If you look at many investment companies, they try and show what rate of growth or return they have had in the past few years to try and get you to sign up now. Though the past investment isn't a guarantee they can do the same in the future.

24 month summary, invested $36350 and available to draw out $55070. Sounds attractive? Its them claiming a lot. Thats why I said be wary.

Martin <

It's either complete bollocks, or they're doing something illegal to get that sort of return...

In message , Joe Lee writes

Yes Teacher. It is that Sally Miss. She keeps sticking her tongue out at me when you are not looking Miss. She so gets me so angry Miss.

Miss can I go to the toilet Miss?

Put your hand up when you wish to ask a Question Lee.

Yes Miss Smith but it is urgent, and if I wet my pants everybody will make fun of me again Miss.

LOL ... It 'looks' like a scam!

I looked at their web site, which is full of nice meaningful phrases such as "Trust Account Debentures" and "Bonus Matrix figures" etc.

Apparently, having tried out their "Simulator", if I were to invest a lump sum of US$425.00 now, I would in two years achieve a "return on investment" of just US$612,249.83 !!! Presumably this is less the accumulated servce charges of US$4,800.60.

Also apparently, along the way I will be able to withdraw 10% of my gains in cash: a total of US$60,983.93.

It isn't clear from their "simulator" how much money I'd be able to regain at the end of the two years: various figures of US$612,249.83, US$546,464.00 and US$550,325.00 are shown on the bottom line (as total "ROI", "Plan 90" and "ReInvested" respectively).

This lack of clarity combined with the phenomenal profit predictions give this the impression of being a scam, even if it isn't.

After all, if this scheme had been around in Robert Maxwell's days, he wouldn't have needed to raid the Daily Mirror pension fund. Indeed, he wouldn't have needed the Daily Mirror at all!

Think how rich we'll all be, turning US$425 into US$612,249.83 *compounded* every two years.

In fact I've just done that calculation using PIPS's own "simulator". This shows that investing US$612,249.83 will give me an "ROI" of a mere US$1,370,590,084.82 after a further two years.

This means that by investing just US$425.00 now, I shall in *four* years obtain a "Return on Investment" totalling US$1,370,590,084.82.

Not enough to fight the Iraq war with, but certainly enough to fund my retirement. Even the 10% I'd be allowed to withdraw in cash during the four years would come to some US$35,608,276.52.

I could afford to leave the capital in the pot and just live off the income LOL!

If I've made any mistakes in the interpretation of PIPS's data from the simulator and web site, then I'm open to corrections posted here by a PIPS representative.