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View Full Version : Open Letter to Members of all CEP Sites


MtnGrl
July 1st, 2007, 02:56 PM
To the members of CEP who participate in Coastin 88, CEP Coast, and consequently CEP Trust:

There is a series of coincidences happening with these sites.

1) A couple of weeks ago the usual 5 business days it takes for you to receive your ACH withdrawals from CEP Trust increased to 7-10 business days.

2) Approximately one week ago that 7-10 increased to 7-14. The reason given by the staff being that too many of you are requesting cashouts for them to be able to keep up (but they are [of course] training more people to help with cashouts right now and it will get better soon).

3) Within this last week you have been commenting on the Coastin 88 forum (most of you post to the Coastin 88 forum even if you are a member of CEP Coast) that your member area in your "surf" site shows you have requested a cashout to the payment processor CEP Trust, but the money never arrives in CEP Trust. Support tickets do seem to solve the issue in time, slowly, and your cashout from the "surf" site eventually shows at the payment processor CEP Trust.

4) Here you sit, this being Sunday, and because it is a weekend you are not receiving answers to your support tickets and now have Friday's, Saturday's, and Sunday's "earnings" which have not/will not go to CEP Trust in a timely manner.

My personal opinion is that if you cannot get your cashouts in a timely manner then you also cannot "repurchase" your "adpacks" every day and thus raise the percent so that all of the members can "earn" more money. (For those here who do not know, the way it works is that the "earnings" for any given day depends on how much money people put into the "surf" for that day. It's a "profit share" model. Money goes in, people "surf", then the money is split between everyone who "surfed". If less money is put in today but everyone still "surfs" just the same there is less money to split and the "earnings" percentage is low.)

Also of interest is the obvious: not all of you are putting your "earnings" back into the "surfs". Instead you are using your noggins and actually getting your money OUT of the programs. So if you can't get your "earnings" from the "surf" site to CEP Trust the payment processor then you can't request a withdrawal of your money to your bank.

Ask questions! Why does this all look so coincidental? Get on your forum(s) and ask why! :rant:

P.S. I know you don't call it a "surf", you call it a "coast". Whatever!

MtnGrl
July 4th, 2007, 02:31 PM
Update to all members:
I received an email this morning from a member letting me know that yesterday CEP Trust finished with all ACH payments for June 13. So June 13 requests were paid on July 3, which means that 14 business days for ACH withdrawals is where they are at right now.

mitrod3
July 5th, 2007, 10:07 AM
I ran the "how do you think it is going" question with a number of friends in various aspects of CEP (we are not in) over the last few days. The folks in CEP are edgy with that being locked up right now but somewhat optimistic of a good outcome still.

The folks in Coast and Coastin88 are basically pleased with just how it is going overall right now. No real concern that there will be anything but a minor slow down in the payment schedule and still pleased with the rate of return they are getting. An old financial advisor friend of ours just got in because of the return he saw others pulling in. Some other have just gotten into the two C's and are trying to draw more folks in as I write.

I am just watching it all go by but for the others......so it goes at this point in time around here.

MtnGrl
July 5th, 2007, 04:34 PM
Wow mitrod3, watching it is really hard though I know. :weep:

The newest thing now is that CEPTrust has suddenly closed its forum. Add that to last weeks crackdown on all forums that each forum is to stick to only discussing matters of its own business and that all other businesses are to be discussed in their own respective forums.

People are little by little asking questions and I say good for you - ask! :rant: