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ycchen
March 14th, 2005, 03:06 AM
Sadly, there will not be any "victims" before the YMMSS ponzi/pyramid crashes. That's the "beuaty" of ponzi/pyramid scheme. Before it crashes, everyone has a chance, but when it crashes (usually without any warning), then you will have tons of "victims" suddenly showing up banging on every door for help.

Why close without warning? That's the way the owner (Kim) retains the most profit!

Ponzi/pyramid schemes tend to make everyone greedy and selfish. Most members, even if they have some doubt about the scheme, won't complain UNTIL they get their profit. That's how the owner can easily play one member (early member) against the other (latecomer) as a way to continue the scam. That's the reason why negativities are prohibited on their forum because existing members need NEW BLOOD to cycle (and sponsored) themselves out of the scam.

That's the nature of ponzi/pyramid/matrix scheme.

However, we still need to be aware of the early signs of the closure of YMMSS and other ponzi/pyramid schemes.

Here are some examples, and please feel free to add, so members could prepare their "exit plan" earlier to minimize their lost.

1. Cycling time suddenly stop increasing. It is kept constant or even drops to create a "surprise" or "optimism".
2. Withdraw problems for over a week.
3. Website dissappears or dysfunctions for 4-5 days.
4. No response from administrators for over a week.
5. A sudden big incentive to speed-up purchase, for example 80% discount for purchasing EPC ..etc.
6. Sudden increase in referal bonus, e.g. 10%
7. A annoucement that the YMMSS sells $1 million of advertisement, or any sudden influx of income
8. ... etc.

In short, members should stay alert of any "sudden" changes or surprises at YMMSS. Any sudden change usually means that YMMSS is opening its door for FINAL DONATIONS. After the final donation (no payout of course), the site will be absent (might not dissapper because they will continue to receive money). After it has been absent for a while (or maintain minimum service, except withdraw, or just selective withdraw testimonial), it will finally close.

In any case, when YMMSS crashes, more than 80% of latecomers will be donors (or victims), and they will surface from everywhere. Right now, most members (early or late) will just wait patiently or impatiently for their "sponsored profit".

homeworker
March 14th, 2005, 10:09 AM
okay i got one thing to add for a sign of early closure. i have been in some doubler scams and it was one simple update from Kim wich was the point i knew for sure YMMSS are getting troubles. it was this update:

WOW! we paid out 64.000.000 in commissions this year!

just one sentence from wich i knew this is going wrong. i heard it before.....

If a program owner is saying just how much money they paid out you know for sure things are wrong

if you translate this sentence to the real world you will get:
Members, hold on to your seats because YMMSS is going to fail big time. the sheme is getting to big here.

ComplexKid
March 14th, 2005, 08:50 PM
Y'all did catch this on the YM forum under the important announcements? It's buried at the end of the actual 'announcement' part, and not broken up into paragraphs, but YMMSS had been saying that it was built to last for generations--I've never seen the 'insolvency' word mentioned there before. More of a raging fire than a red flag if you ask me.

Should the company become insolvent before a first time Affiliate has had their initial purchase cycle, he or she will be compensated on a pro-rated basis for that position provided he or she has adhered to the Affiliate Agreement and viewed the Ads on a weekly basis. He or she will be paid a percentage of the fee that would have been earned had the position run its cycle. The percentage will be proportional to the number of weeks since the purchase was made divided by the number of weeks in the cycle time at the point of insolvency. ↓ Affiliates with multiple positions on the ladder need only view Ads a minimum of 30 minutes a week to comply with the Affiliate Agreement. They do not have to view 30 minutes per position. ↓ Should the company fail, Affiliates with multiple positions are not entitled to a pro-rated share of Affiliate fees for their positions like the first time Affiliates whose initial purchase had not cycled. In the event of insolvency, however, they would have entitlement rights as would any other person owed a fee. emphasis mine

Also have some posts from way back I managed to nick before the moderators deleted them with member complaints about the money-wiring instructions and why did each person have to write separately and how come it was going to so many different countries.

This one is really gonna hurt.

MatrixWatch
March 15th, 2005, 12:03 AM
screenshots?

ComplexKid
March 15th, 2005, 12:27 AM
Just c/p's I fear--usually I PDF anything important, but these were getting deleted almost as soon as they hit the forum. Can dig through my old files and send em to you if you like.

homeworker
March 17th, 2005, 10:35 AM
To be Honest:

i dont think Kim will suddenly close YMMSS without warning. also in the last updates Kim adressed some issues when the business plan failes as you can read above. (are we beeing prepared for something?... )

Yes, i do still think Kim has good intentions. what i fail to understand is why a man spends a year working on a plan for a business wich is built on a house of cards. he should have known better.