And The Big Announcement is...

[Gringo]

...If you haven't got your money out by now, forget it since the weekly pay plan starts next week. That's right the big news is the new plan starts next week.
Now expect the main complaints to be the low payout, and the answer of course to be "have patience, we are just getting started, Kim said it would be low at first but just watch it rise over time..."

Oh and since the return on $320 invested will be so poor, everyone is encourged to load up on $10 positions. Then of course they can't complain about not being paid since they aren't part of the revenue sharing until they "mature" in 15 months.

[sisco50]

...If you haven't got your money out by now, forget it since the weekly pay plan starts next week. That's right the big news is the new plan starts next week.
Now expect the main complaints to be the low payout, and the answer of course to be "have patience, we are just getting started, Kim said it would be low at first but just watch it rise over time..."

Oh and since the return on $320 invested will be so poor, everyone is encourged to load up on $10 positions. Then of course they can't complain about not being paid since they aren't part of the revenue sharing until they "mature" in 15 months.

It would appear that whole program is a joke. Too bad people spent their hard earned money to find that out. Would be even worse if people continued to spend money and find out it's more of the same in 15 months. Worse yet is that some people will do just that. Unbelievable! :(

[ycchen]

I don't think YMers on MatrixWatch will continue to donate to this system. I think all (except the hardcore and supporters) of them will just wait and see if Kim lies to them AGAIN. I just wish this is the last sign of failure that they will accept, and not give Kim another chance to stall.

Well, Kim/Esto are really expert on this con game. I am very worried that they will come up with a very "convincing" excuse that would persuade the disgruntled (but still want to wait and see) to stay on this sinking ship.

Even though the payout might be a great dissappointment for 95% of the members, it will still ease the pain since everyone finally get something after a long wait. And some members might have lots of credit so they will post positive testimonial to help Kim/Esto continue their con game. :shake:

In any cases, ponzi is not just a con game, it is a whole infrastructure that needs lots of coordination to make it survive the first 6 months and continue for 3 1/2 years! That's is NOT easy. You need a censored forum, some paid moderators, some professional con-artist like Esto, some unknown fortune 500 guru (Mike) who can't even tell which company did he work for, faithful supporters, god on his side, routine conference call to pretend to be accessible ...etc.

I just hope Kim Iman will eventually write his own story inside the prison cell about the whole untold story behind YMMSS. By then, some super diehard supporters might just "wake up" and stop visiting him in the prison! :head:

So, we really need to work hard to put him in jail so he has time to write his side of the story. :D

[surfer]

Gringo,

You forgot to mention that Kim hopes
to get ACH deposits started within 2
weeks of the new pay system.

Also, they are supposedly working on
a debit card solution for international
members.

I can't wait to get cracking on working
the math on the payouts.

We'll need a volunteer or two with
mature positions to provide stats so
we can figure some things out.

I do like ycchen's suggestion that we
help Kim Inman write his story.

[ycchen]

....
Also, they are supposedly working on
a debit card solution for international
members. .... Hmmm... this reminds me of the "useless" PICPAY -- PIPS own processor. I guess when a ponzi is exposed, it has to get their own credit card processor. The question is which bank is willing to back up the YMMSS /STA debit card? lol

The answer is: no. When YMMSS was at its peak at the end of 2004, the chance for Kim to fool a bank to issue debit card is high. Now, it is just too late. The ponzi has exposed and no bank will do business with YM ponzi, except probably some very desperate and unknown small bank somewhere in the off-shore heaven. :shake: