The Official "Stormpay Situation thread"
- Thread starter King D
- Start date
This really sucks. hopefully Stormpay will burn for this. This has hit a lot of us extremely hard! 12dp is in talks of starting a new site with EMO as their only Payment processor. I will try to keep you all posted!
[FRAME]http://www.theleafchronicle.com/apps/pbcs.dll/article?AID=/20060205/NEWS01/602050337/1002[/FRAME]
http://www.theleafchronicle.com/apps/pbcs.dll/article?AID=/20060205/NEWS01/602050337/1002
http://www.theleafchronicle.com/apps/pbcs.dll/article?AID=/20060205/NEWS01/602050337/1002
Difference between PayPal and StormPay is that almost everyone who is online and makes transactions, especially on eBay, knows about it. PayPal has it's issues also, and I've been a victim of a chargeback, but it ain't gonna get shut down or have the website unavailable no time soon. StormPay, with a name like that you just have to be skeptical. I hope brothas wasn't putting rent money into it.afroyale said:
C
*Capo*
Guest
Alien Trust....
This news is from Alien Trust's CEO from 2/4/2006. We may get our money back soon enough:
Our Final Request From StormPay
4. February 2006 @ 16:40
Good Afternoon.
In reading through some of the posts on the StormPay's Response article several members thought it wise to go ahead even at this late point, and submit our business model to StormPay so that we would indeed have proof that we submitted that information.
That seemed like a smart thing to do so I have sent that to them in an offical post on the support system there so there would be a record of it. It seems that they may have actually stopped taking support tickets there as there was no confirmation sent to me as per the norm with their system.
In any event I have kept a copy of the letter here on my PC just for future reference.
I still fail to understand why so many of you thought that we were simply going to lay down and take this without fighting back, we have no intention of letting them get away with this without a fight. I thought I made that pretty clear.
It's simply not my way to go acting like an idiot and start ranting and raving about something I have no control over. I'm not a lawyer, so obviously I have no idea what is the best way to fight them, but I do have a meeting on Monday with an attorney to figure it out.
You'll notice we deleted all the comments on the older articles, they were getting completely out of control with people cussing each other and attacking us personally as if WE took the money. Apparently StormPay has a history of poor performance that we weren't aware of.
We've been members at StormPay for several years and have never had a single problem there ever. We had no way of knowing this would happen and no foresight to see it coming.
In any event, below is the Final Request we submitted to StormPay to implore them to release our account, and as of yet have heard nothing from them.
We'll update you on events as they unfold, we made a promise early on when our back office got hacked and money was stolen from e-gold members that we would take care of them, and we did. Every last penny was restore to those members accounts and we keep our promises.
As we as a company move forward in our next venture, those that choose to remain with us will be compensated for what they lost with StormPay. I'm not sure how right now, or in what regard, and I know it will take a good deal of time to accomplish, but we keep our promises. Just like when we promised to provide a program that would allow you to earn a living online, we did.
I have to say I'm a little disheartened by all the personal attacks, funny how AT was the greatest thing since peanut butter a few days ago, but now that StormPay is trying to steal our money we're scammers and crooks, not to mention all the other horrible things I was called in some of those posts. Thick skin is one thing but man, some people are really a**holes.
From day one we have always honored every request for a refund, never once have a made any attempt to fight a claim or deny a refund. As I said we even re-imbursed members for over 6000.00 that was blatantly stolen by e-gold. The only reason AT is offline is because of this StormPay nonsense. Any if they had done some homework, or actually contacted us we'd probably still be up and running. For anyone to say that we are scammers is bullsh*t. We paid out more money, faster than any ASC site in history. We were taking in over 2000 new members per day - why?
Because we did what we said we were going to do. We paid people every Friday like clockwork with the exception of those who gave us wrong info about their payout details. If you requested cashout you got paid on Friday afternoon, Monday at the latest, so I don't want to hear anymore crap about us being a scam - we never scammed anyone! It's StormPay who scammed you, NOT US!
As many of you have seen they aren't honoring your Claims, doesn't that tell you something? They're trying to steal the money! They won't give it us - they won't give it to you - what's the only other alternative? They're keeping it - probably to build a new house or racetrack. Regardless of what you think of autosurf, HYIP, or anything else - wouldn't you agree that if StormPay decided to no longer accept a certain type of business model that all the members who paid money to that site should get their money back? Then why are they denying your claims? Simple - they are lying to you and trying to convince you that we're to blame, as if we had any control over them freezing our account?
It's a snatch and grab folks, plain and simple - they see all this money coming in to AT and 12DP and all the others and they said, "Man, how can we go about keeping all this money?" So, they change their terms of service and freeze our accounts. You'll notice that their investigation took a complete 2 days so that they would be past the window were they had to return any fees on any of these transactions. Funny how that turned out huh?
Anyway, let's keep the comments contructive so we can leave them online, we'd like to see some real information and ideas exchanged here and knock off all the flaming and personal attacks.
Here's the Final Request we submitted to SP:
Vince Kronlein
Executive Director
North Shore Media
-----------------------------------------------------------------------
To: StormPay Inc.
From: North Shore Media
Subj: Requested Information On Our Company
Dear Sirs,
Recently as part of your response to the monumental business we've brought to your company and incredible profits you've received directly from us our account has been suspended for what you say is a lack of response to your repeated inquiries on the nature of our business model.
You know full well that you never requested any information from us concerning our business model, and you currently refuse to answer our repeated requests for information.
But nevertheless, I will detail for you here as an official record what our business model entails and this will serve as a legal document in court as our notification to you in response to any alleged request you made to us for a business model outline.
We will pursue legal action against StormPay Inc. for not only the 6.9 Million dollars you have stolen from us, but potential lost revenue for the future, and punitive damages as well.
Business Model Details:
------------------------------------------
North Shore Media is, has, and always will be an advertising firm located in Wichita Falls, TX that provides advertising services for individuals and companies in the home business arena.
Our company was launched in May of 2005 and has provided these services through many different domains and programs since that time to include marathonproject.net, quikscope.com, quikhits.com, quikhitspro.com, 2X200.com, and of course alientrust.com.
The program in question (alientrust.com) has a business model quite different from the traditional autosurf models of other sites, whereas we provide advertising packages completely separate from any potential earnings that a member might make.
Once an ad buy is placed for a specific amount and is approved, the member is issued credits to promote their ad, and those credits are issued immediately to their account for use in this regard.
Members are then allowed to earn a commission for viewing the advertising of our other members.
Members understand and agree upon joining Alien Trust that they are purchasing advertising, and they have received no guarantee whatsoever of any earnings potential based on the purchase of this product. Earnings for viewing ads is accomplished completely separate from any advertising purchase.
We then allow members to view the ads of other members to earn money, based on their current active ad buy. Many members do this to earn money, some choose not to.
We also allow members to earn a single level 6% commission on the purchase of ad buys by their personally sponsored referrals. There is NO multi-level affiliate earnings whatsoever at Alien Trust.
You have recently stated that our business is a ponzi scheme. I will remind you what constitutes a ponzi scheme just so we can compare the two business models side by side.
In order to qualify as a ponzi scheme the business would need to have no product or service, no scenario to re-buy goods or services and must be predicated on the constant referral of new members/money into it in order to redistribute that money to those at the top. This is what causes the eventual collapse of the model and precisely why it's illegal.
Number 1: We do offer a complete product and service, we sell advertising products to our members that last for a specific time frame. This disqualifies us as a ponzi scheme.
Number 2: Members must re-buy more advertising once their ad buy is completed. They cannot simply advertise for free, they must pay for advertising services, this means that new money is always coming into the business. This disqualifies us as a ponzi scheme.
Number 3: Our business DOES NOT depend on new members constantly coming into the business. As a matter of fact you would see if you bothered to even read the website, we limit our business to 100,000 members and no more. Constantly re-purchased advertising packages fuels the commission process, NOT new money coming in from referrals. Granted new money from new advertisers is certainly part of the picture, but in no way is the company dependent on new advertisers to support the commissions generated through the system. This disqualifies us as a ponzi scheme.
Simply stated, you don't understand what constitutes a ponzi scheme, and you've not taken the time to review our program to make a valid determination.
I've received word that you are now arbitrarily selecting which members will receive refunds and which won't and I suggest that you cease this action as it will only cause you more harm in the long run. We will be in contact with the FBI, FTC, Secret Service and the FDIC as well as filing legal action against you if you meddle with the funds in our account.
I hereby formally urge you to reconsider your stance here as it will only serve to destroy what little reputation StormPay has left at this point.
If I do not receive a formal response to this ticket within the hour legal action and telephone calls to the above listed agencies along with all the major media companies will begin.
Understand this is NOT a threat, we will recover what you've stolen from us.
Vince Kronlein
Executive Director
North Shore Media
This news is from Alien Trust's CEO from 2/4/2006. We may get our money back soon enough:
Our Final Request From StormPay
4. February 2006 @ 16:40
Good Afternoon.
In reading through some of the posts on the StormPay's Response article several members thought it wise to go ahead even at this late point, and submit our business model to StormPay so that we would indeed have proof that we submitted that information.
That seemed like a smart thing to do so I have sent that to them in an offical post on the support system there so there would be a record of it. It seems that they may have actually stopped taking support tickets there as there was no confirmation sent to me as per the norm with their system.
In any event I have kept a copy of the letter here on my PC just for future reference.
I still fail to understand why so many of you thought that we were simply going to lay down and take this without fighting back, we have no intention of letting them get away with this without a fight. I thought I made that pretty clear.
It's simply not my way to go acting like an idiot and start ranting and raving about something I have no control over. I'm not a lawyer, so obviously I have no idea what is the best way to fight them, but I do have a meeting on Monday with an attorney to figure it out.
You'll notice we deleted all the comments on the older articles, they were getting completely out of control with people cussing each other and attacking us personally as if WE took the money. Apparently StormPay has a history of poor performance that we weren't aware of.
We've been members at StormPay for several years and have never had a single problem there ever. We had no way of knowing this would happen and no foresight to see it coming.
In any event, below is the Final Request we submitted to StormPay to implore them to release our account, and as of yet have heard nothing from them.
We'll update you on events as they unfold, we made a promise early on when our back office got hacked and money was stolen from e-gold members that we would take care of them, and we did. Every last penny was restore to those members accounts and we keep our promises.
As we as a company move forward in our next venture, those that choose to remain with us will be compensated for what they lost with StormPay. I'm not sure how right now, or in what regard, and I know it will take a good deal of time to accomplish, but we keep our promises. Just like when we promised to provide a program that would allow you to earn a living online, we did.
I have to say I'm a little disheartened by all the personal attacks, funny how AT was the greatest thing since peanut butter a few days ago, but now that StormPay is trying to steal our money we're scammers and crooks, not to mention all the other horrible things I was called in some of those posts. Thick skin is one thing but man, some people are really a**holes.
From day one we have always honored every request for a refund, never once have a made any attempt to fight a claim or deny a refund. As I said we even re-imbursed members for over 6000.00 that was blatantly stolen by e-gold. The only reason AT is offline is because of this StormPay nonsense. Any if they had done some homework, or actually contacted us we'd probably still be up and running. For anyone to say that we are scammers is bullsh*t. We paid out more money, faster than any ASC site in history. We were taking in over 2000 new members per day - why?
Because we did what we said we were going to do. We paid people every Friday like clockwork with the exception of those who gave us wrong info about their payout details. If you requested cashout you got paid on Friday afternoon, Monday at the latest, so I don't want to hear anymore crap about us being a scam - we never scammed anyone! It's StormPay who scammed you, NOT US!
As many of you have seen they aren't honoring your Claims, doesn't that tell you something? They're trying to steal the money! They won't give it us - they won't give it to you - what's the only other alternative? They're keeping it - probably to build a new house or racetrack. Regardless of what you think of autosurf, HYIP, or anything else - wouldn't you agree that if StormPay decided to no longer accept a certain type of business model that all the members who paid money to that site should get their money back? Then why are they denying your claims? Simple - they are lying to you and trying to convince you that we're to blame, as if we had any control over them freezing our account?
It's a snatch and grab folks, plain and simple - they see all this money coming in to AT and 12DP and all the others and they said, "Man, how can we go about keeping all this money?" So, they change their terms of service and freeze our accounts. You'll notice that their investigation took a complete 2 days so that they would be past the window were they had to return any fees on any of these transactions. Funny how that turned out huh?
Anyway, let's keep the comments contructive so we can leave them online, we'd like to see some real information and ideas exchanged here and knock off all the flaming and personal attacks.
Here's the Final Request we submitted to SP:
Vince Kronlein
Executive Director
North Shore Media
-----------------------------------------------------------------------
To: StormPay Inc.
From: North Shore Media
Subj: Requested Information On Our Company
Dear Sirs,
Recently as part of your response to the monumental business we've brought to your company and incredible profits you've received directly from us our account has been suspended for what you say is a lack of response to your repeated inquiries on the nature of our business model.
You know full well that you never requested any information from us concerning our business model, and you currently refuse to answer our repeated requests for information.
But nevertheless, I will detail for you here as an official record what our business model entails and this will serve as a legal document in court as our notification to you in response to any alleged request you made to us for a business model outline.
We will pursue legal action against StormPay Inc. for not only the 6.9 Million dollars you have stolen from us, but potential lost revenue for the future, and punitive damages as well.
Business Model Details:
------------------------------------------
North Shore Media is, has, and always will be an advertising firm located in Wichita Falls, TX that provides advertising services for individuals and companies in the home business arena.
Our company was launched in May of 2005 and has provided these services through many different domains and programs since that time to include marathonproject.net, quikscope.com, quikhits.com, quikhitspro.com, 2X200.com, and of course alientrust.com.
The program in question (alientrust.com) has a business model quite different from the traditional autosurf models of other sites, whereas we provide advertising packages completely separate from any potential earnings that a member might make.
Once an ad buy is placed for a specific amount and is approved, the member is issued credits to promote their ad, and those credits are issued immediately to their account for use in this regard.
Members are then allowed to earn a commission for viewing the advertising of our other members.
Members understand and agree upon joining Alien Trust that they are purchasing advertising, and they have received no guarantee whatsoever of any earnings potential based on the purchase of this product. Earnings for viewing ads is accomplished completely separate from any advertising purchase.
We then allow members to view the ads of other members to earn money, based on their current active ad buy. Many members do this to earn money, some choose not to.
We also allow members to earn a single level 6% commission on the purchase of ad buys by their personally sponsored referrals. There is NO multi-level affiliate earnings whatsoever at Alien Trust.
You have recently stated that our business is a ponzi scheme. I will remind you what constitutes a ponzi scheme just so we can compare the two business models side by side.
In order to qualify as a ponzi scheme the business would need to have no product or service, no scenario to re-buy goods or services and must be predicated on the constant referral of new members/money into it in order to redistribute that money to those at the top. This is what causes the eventual collapse of the model and precisely why it's illegal.
Number 1: We do offer a complete product and service, we sell advertising products to our members that last for a specific time frame. This disqualifies us as a ponzi scheme.
Number 2: Members must re-buy more advertising once their ad buy is completed. They cannot simply advertise for free, they must pay for advertising services, this means that new money is always coming into the business. This disqualifies us as a ponzi scheme.
Number 3: Our business DOES NOT depend on new members constantly coming into the business. As a matter of fact you would see if you bothered to even read the website, we limit our business to 100,000 members and no more. Constantly re-purchased advertising packages fuels the commission process, NOT new money coming in from referrals. Granted new money from new advertisers is certainly part of the picture, but in no way is the company dependent on new advertisers to support the commissions generated through the system. This disqualifies us as a ponzi scheme.
Simply stated, you don't understand what constitutes a ponzi scheme, and you've not taken the time to review our program to make a valid determination.
I've received word that you are now arbitrarily selecting which members will receive refunds and which won't and I suggest that you cease this action as it will only cause you more harm in the long run. We will be in contact with the FBI, FTC, Secret Service and the FDIC as well as filing legal action against you if you meddle with the funds in our account.
I hereby formally urge you to reconsider your stance here as it will only serve to destroy what little reputation StormPay has left at this point.
If I do not receive a formal response to this ticket within the hour legal action and telephone calls to the above listed agencies along with all the major media companies will begin.
Understand this is NOT a threat, we will recover what you've stolen from us.
Vince Kronlein
Executive Director
North Shore Media
i had drug money put into this shit..if i dont get my money back soon, someone is going to die and thats real...nigggas dont understand courts and lawyers and shit.
nah just playin
but i wish some big time drug dealer was involved in this shit and was making life threats, i bet this situation would clear up alot faster.
nah just playin
but i wish some big time drug dealer was involved in this shit and was making life threats, i bet this situation would clear up alot faster.
C
*Capo*
Guest
Good News For Alien Trust...
Good Afternoon Everyone,
My apologies for not posting an update yesterday, but we really had nothing new to pass on.
We have come to a decision on where to go from here. Please understand that there is simply no way for us to please everyone, no matter what we decide to do there will be those that are no going to like it, and we understand that.
At the present time, our staff is puring through all Pending transactions and posting them back to your account balance so that we can get an accurate representation of the total damage we've incurred in this debacle.
Once this is completed, we will do a complete back up of all financial information pertaining to your account. At that point we will will clear all existing balances and keep the backup on file.
We will be keeping all the database referrals and members in place, just zeroing the member levels so that we can start fresh with a new payment processor.
WE WILL KEEP YOUR EXISTING MEMBER LEVEL AND PAYMENT INFO ON FILE FOR REPAYMENT AT A LATER DATE!
Once we get a total figure and know exactly what the damage is, we can then begin setting aside our profits in order to build a fund up to the total amount needed to refund all members. WE WILL NOT BE PROCESSING ANY EARNINGS ONLY AD BUY DOLLARS.
Please keep in mind folks that this will take some time, but we always keep our promises and we'll get this money refunded to you, even though we aren't the ones who stole it. Hopefully we can recover this through legal means and the process will go faster, but either way, we feel the same pain that all of you are feeling and we're in this with you 100%.
We'll also be ensuring that your Site Credits for your earlier purchases aren't affected, this way we are keeping our end of the bargain and providing exactly what you paid for, the advertising of your websites. Ultimately folks please remember, we're under no obligation to pay anyone to surf, we are indeed obligated to either deliver the traffic you purchased, or refund your money.
BUT... we're gonna do both! You will get your traffic, and you will get a refund. First the traffic, then the refund. As I said, just keep in mind that it will take some time for us to get back to a level where we can start getting these refunds out to you, BUT WE WILL NOT LET YOU DOWN!
So, tonight after midnight we'll get started on adjusting account balances and getting back on the road.
Right now you're asking, "What payment processors will you be taking?"
Once again, some will agree with this strategy, and some will not. But let me share with you why we got hit so hard with this and what we're doing to solve it moving forward.
Once of the main reasons we got hammered was because of our weekly commission system. In order to facilitate the weekly payout we needed to keep most of the funds from ad sales in our StormPay account in order to ensure we always had enough funds to pay the weekly commissions. Obviously, we had no way of knowing StormPay would do this to us after years of processing literally millions of dollars in fees through their company. But they have, and that's that.
So how to we improve the system so that this CAN'T happen again?
By keeping the money in the BANK! That's how. Here's how we're going to get it done.
By reading through everyone's posts there will be no way to satisfy everyone. We saw some good recommedations for processors, then a few posts later there would be someone who hated that site.
So after extensive searches and looking into quite a few payment venues we've decided to set up the following system.
Immediately tomorrow we'll begin taking E-Gold once again. They seem to have recovered nicely from their investigation and have solved most of the previous issues that concerned us most, other than the no-chargeback issue.
As soon as we get the new IPN's completed we'll begin taking Uniclear and AlertPay. Both of these companies have good reputations, and 0 complaints through the BBBonline.
As I said, we'll be accepting these as forms of payment, but we will be transferring all ad sales funds from these accounts daily to our bank which is Chase (formerly BankOne) and we will be paying out commissions bi-weekly via check directly from our bank through QChex.com.
After several days of deliberation it became clear that the ONLY way to keep from getting into this situation again was to let the bank control the money and not the processors. Using the QChex system, which has been dramatically improved with far greater security and verification will also us to send checks to all our members worldwide directly from our bank quickly and efficiently.
You as a member will be able to print our your checks directly to your printer via the web (you will need theproper printable check forms and magnetic ink, both of which a very inexpensive) within 24 hours, after which if you don't print the check out, it will be mailed directly to you.
Once again I know that some people will not like this situation, but folks you need to understand THE INDUSTRY IS BLEEDING BAD, and the only way for us to ensure the security of our money is to keep it in the bank. We all need to change the way we think about the industry, we need to get that idea of doing things the old way out of our heads and start thinking about how we can secure the industry for the future.
We all know that there's nothing illegal about our industry, we offer significant advertising value for your money, there is no more targeted advertising available online than the traffic exchange industry, period. We have real products and we pay commissions for the sales of those products.
So just to recap:
1. The database will be backed up with everyone's current member levels and credits and saved in order to refund members over time, then reset to 0 member levels to re-launch.
2. Ad credits will be available for viewing to fulfill advertising packages starting tomorrow.
3. We will be accepting new Ad Buys starting tomorrow through E-Gold, then in a few days time Uniclear and AlertPay will become available.
4. Commission checks will begin to be paid starting 1 week from this Friday directly from our Chase Bank account through QChex.com payment services.
Like I said several times I know some will not like this set up, but we have alot of confidence that this set up will be much more secure and safe over time as we move forward.
Thanks everyone and sorry once again that it took us so long to get this news to you, but we certainly had quite a lot of research to do to make sure we were making the right decision.
Have a great evening and we'll see you tomorrow.
Vince Kronlein
Executive Director
North Shore Media
Good Afternoon Everyone,
My apologies for not posting an update yesterday, but we really had nothing new to pass on.
We have come to a decision on where to go from here. Please understand that there is simply no way for us to please everyone, no matter what we decide to do there will be those that are no going to like it, and we understand that.
At the present time, our staff is puring through all Pending transactions and posting them back to your account balance so that we can get an accurate representation of the total damage we've incurred in this debacle.
Once this is completed, we will do a complete back up of all financial information pertaining to your account. At that point we will will clear all existing balances and keep the backup on file.
We will be keeping all the database referrals and members in place, just zeroing the member levels so that we can start fresh with a new payment processor.
WE WILL KEEP YOUR EXISTING MEMBER LEVEL AND PAYMENT INFO ON FILE FOR REPAYMENT AT A LATER DATE!
Once we get a total figure and know exactly what the damage is, we can then begin setting aside our profits in order to build a fund up to the total amount needed to refund all members. WE WILL NOT BE PROCESSING ANY EARNINGS ONLY AD BUY DOLLARS.
Please keep in mind folks that this will take some time, but we always keep our promises and we'll get this money refunded to you, even though we aren't the ones who stole it. Hopefully we can recover this through legal means and the process will go faster, but either way, we feel the same pain that all of you are feeling and we're in this with you 100%.
We'll also be ensuring that your Site Credits for your earlier purchases aren't affected, this way we are keeping our end of the bargain and providing exactly what you paid for, the advertising of your websites. Ultimately folks please remember, we're under no obligation to pay anyone to surf, we are indeed obligated to either deliver the traffic you purchased, or refund your money.
BUT... we're gonna do both! You will get your traffic, and you will get a refund. First the traffic, then the refund. As I said, just keep in mind that it will take some time for us to get back to a level where we can start getting these refunds out to you, BUT WE WILL NOT LET YOU DOWN!
So, tonight after midnight we'll get started on adjusting account balances and getting back on the road.
Right now you're asking, "What payment processors will you be taking?"
Once again, some will agree with this strategy, and some will not. But let me share with you why we got hit so hard with this and what we're doing to solve it moving forward.
Once of the main reasons we got hammered was because of our weekly commission system. In order to facilitate the weekly payout we needed to keep most of the funds from ad sales in our StormPay account in order to ensure we always had enough funds to pay the weekly commissions. Obviously, we had no way of knowing StormPay would do this to us after years of processing literally millions of dollars in fees through their company. But they have, and that's that.
So how to we improve the system so that this CAN'T happen again?
By keeping the money in the BANK! That's how. Here's how we're going to get it done.
By reading through everyone's posts there will be no way to satisfy everyone. We saw some good recommedations for processors, then a few posts later there would be someone who hated that site.
So after extensive searches and looking into quite a few payment venues we've decided to set up the following system.
Immediately tomorrow we'll begin taking E-Gold once again. They seem to have recovered nicely from their investigation and have solved most of the previous issues that concerned us most, other than the no-chargeback issue.
As soon as we get the new IPN's completed we'll begin taking Uniclear and AlertPay. Both of these companies have good reputations, and 0 complaints through the BBBonline.
As I said, we'll be accepting these as forms of payment, but we will be transferring all ad sales funds from these accounts daily to our bank which is Chase (formerly BankOne) and we will be paying out commissions bi-weekly via check directly from our bank through QChex.com.
After several days of deliberation it became clear that the ONLY way to keep from getting into this situation again was to let the bank control the money and not the processors. Using the QChex system, which has been dramatically improved with far greater security and verification will also us to send checks to all our members worldwide directly from our bank quickly and efficiently.
You as a member will be able to print our your checks directly to your printer via the web (you will need theproper printable check forms and magnetic ink, both of which a very inexpensive) within 24 hours, after which if you don't print the check out, it will be mailed directly to you.
Once again I know that some people will not like this situation, but folks you need to understand THE INDUSTRY IS BLEEDING BAD, and the only way for us to ensure the security of our money is to keep it in the bank. We all need to change the way we think about the industry, we need to get that idea of doing things the old way out of our heads and start thinking about how we can secure the industry for the future.
We all know that there's nothing illegal about our industry, we offer significant advertising value for your money, there is no more targeted advertising available online than the traffic exchange industry, period. We have real products and we pay commissions for the sales of those products.
So just to recap:
1. The database will be backed up with everyone's current member levels and credits and saved in order to refund members over time, then reset to 0 member levels to re-launch.
2. Ad credits will be available for viewing to fulfill advertising packages starting tomorrow.
3. We will be accepting new Ad Buys starting tomorrow through E-Gold, then in a few days time Uniclear and AlertPay will become available.
4. Commission checks will begin to be paid starting 1 week from this Friday directly from our Chase Bank account through QChex.com payment services.
Like I said several times I know some will not like this set up, but we have alot of confidence that this set up will be much more secure and safe over time as we move forward.
Thanks everyone and sorry once again that it took us so long to get this news to you, but we certainly had quite a lot of research to do to make sure we were making the right decision.
Have a great evening and we'll see you tomorrow.
Vince Kronlein
Executive Director
North Shore Media
Re: Good News For Alien Trust...
im not going to mess with AT anymore...the qchex is a bad idea.
for one, checks are outdated and take forever to clear.
for two, it slows up the reinvestment process.
also, hes issuing the checks from his own business account, so if he fucks us, there is no charge back or refunds.
the new 12 daily pro movement seems alot more convienient. im going to stick with them.
hopefully well get our damn refunds back too!!!
im not going to mess with AT anymore...the qchex is a bad idea.
for one, checks are outdated and take forever to clear.
for two, it slows up the reinvestment process.
also, hes issuing the checks from his own business account, so if he fucks us, there is no charge back or refunds.
the new 12 daily pro movement seems alot more convienient. im going to stick with them.
hopefully well get our damn refunds back too!!!
C
*Capo*
Guest
Re: Good News For Alien Trust...
I'd rather have Alien Trust pay me from their CHase bank account than one of these hokey 3rd party processors like Storm Pay. Especially if he refunds us all of our $ from thie StormPay nightmare, then I will have more confidence in them than ever. I plan on sticking with both programs. I have no other choice...they have all of my money frozen in their accounts!
?????? said:
I'd rather have Alien Trust pay me from their CHase bank account than one of these hokey 3rd party processors like Storm Pay. Especially if he refunds us all of our $ from thie StormPay nightmare, then I will have more confidence in them than ever. I plan on sticking with both programs. I have no other choice...they have all of my money frozen in their accounts!
Scampay is doing another round of account hacking. Seems like if you have a balance in your SP account, and had requested a withdrawal, a charge back to an autosurf or HYIP will be done to it reducing your balance to $0.00.
Those fuckers are insane.
Check the various boards for more info.
Those fuckers are insane.
Check the various boards for more info.
So I guess I'm shit out of luck on my $50.00 deposit on StormPay? Glad I wasn't suckered into investing hundreds and thousands more had my initial investment would have succeeded.
I should have known better instead of listening to the negro who fisrt persuaded me to join this "Alien Trust" scheme. As an aside, I've parted with more than $13,000 dollars [mainly due to fraudulent personal "business" loans] in the past 3 years as a result of dealing with unscrupolous vermit in the form of a negroes. My trust has been severely damaged by said actions and I stay to myself alot.
God I hate the accursed white devil and his foul byproduct, which is the American negro.
I should have known better instead of listening to the negro who fisrt persuaded me to join this "Alien Trust" scheme. As an aside, I've parted with more than $13,000 dollars [mainly due to fraudulent personal "business" loans] in the past 3 years as a result of dealing with unscrupolous vermit in the form of a negroes. My trust has been severely damaged by said actions and I stay to myself alot.
God I hate the accursed white devil and his foul byproduct, which is the American negro.
StormPay is back up again. I withdrawed my money and am waiting for my bank confirmation... 
Similar threads
