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Tuesday, April 25, 2006

Tonight's Letter Is The Letter 'P'

Private Investors Union just went private. However, guests can still be invited with an access code. If you wish to receive one you could always try my email... *hint hint*

Peraads goes private soon.

Phoenix Surf has issued an update about the debit card. Colour me unconvinced. At least we have 'two months' during which they'll phase out E-Gold:

"NMECard Q & A

The following are common questions that our members have been asking. We hope that the answers to these questions are enlightening as each move we make is based on many intricate variables affecting the overall business stratey of NME.

1. Is the NME debit card available for only those who are registered on nmeglobal.com?

No, anybody in any of our programs can register for the NME debit card.

2. We have heard that the debit card program is meant to phase out egold as a payment solution, is this true?

Yes, we would like to have egold phased out within 2 months. Why? We have the ability to control and monitor the funds within our debit card system. This clairvoyance will enable us to handle any account issues that our members have more efficiently than we can with egold. Also, our debit card system is secure. We are aware that some of our members have had their egold accounts hacked. The added security features of our debit card are just part of the reason we will be following this course of action. The security of our member's money/funds is our priority.
3. Will the debit cards be available to international members?

Yes! The debit cards are available in over 200 countries!

4. Will we be able to use these cards at stores, ATMs, etc?

Yes, yes and yes!

5. Why are their different rates for international card holders?

The differing rates between US Residents and international residents are set by the debit card company itself, not NME. As volume in countries outside the US increases, we will negotiate to have these fees lowered. Regardless, all members are charged the same flat fee (3.00) to withdraw money to their back account (via direct deposit).

6. Is the move to the debit card program a move to simply maximize profits for NME?

No. As explained above, we are implementing this program to increase the security of our members' accounts, gain grater control of our payment/support feature, and allow us to incorporate an incredible referral compensation plan for NMEPay.

7. Will we be provided with a training manual or other instructional tools for the cars?

Of course! The leaders of our debit card program have been working diligently to compile instructions to help our members develop expertise with the new cards.

7. When can we register for our NME debit card?

We have been finalizing our agreement with the card embossing company in regards to the international mailing rates. These agreements should be finalized by the close of April 25th. Upon the completion of these agreements, we will allow all of our members to register. We did not want to launch our debit card program until our members had equal opportunity to register.
Together in Success,

NME"

Ciao y'all.

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