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Friday, June 09, 2006

Global Misadventures? Globally Maddening? + Updates

First up the latest juice on Global Mutual.

There's been a lot of it, so I'm going to keep it simple and in summation.

First up, Down 2 Business was based on a business deal that TJ had with Gordon, the admin of Global Mutual. That's gone semi-kaput with Gordon unable to keep up payments. Respected member of the community, Rabbit, and myself, knew that Gordon was TJ's business partner. This is the reason why I left Down 2 Business as a 'HYIP' rather than an 'investment opportunity.' To me, it was like ASCFin, Tinger and co. but with some more going for it.

A punt...

It's unfortunate that it's gone temporarily south but although Gordon may be showing increasing signs of ineptitude lately, he is real and will not run. His current plan involves paying D2B 'investors' - eventually.

I actually do think this time will come but it won't be in 'HYIP' terms of a few days. It'll probably be a few months.

Which brings us to Global Mutual, NES, etc.

Gordon recently revealed that he had a few K in Solid Investment (wtf!) but also a lot of money tied up in loans and lead generation and 'investments' (i.e. non-HYIP) that are about to 'come good.'

He released this update:

"The Good Oil about GMI

Hi Everybody,

I hope this comunique finds you all well.

When Global Mutual first began 2 years ago on April 15 2004
the idea was to put an honest presence into the hyip arena based on Venture Capital.

We have always, and will continue always to deliver on that.

However, the road to a smooth running fully automotive system has bee aweful for all of us.

Current state of play.
Solid investment as a group volume Investment seemed to be a reasonable backup plan
considering the slowness of the Aussie Mutual Invest to get up and running.

Solid Investment have stated they will deliver Once a month only about JULY 1.

They made that statement just when our interest was due, and that has put us back by one month.

What benefit there is in that plan remains to be seen. Pray for the best, and expect the worst so your hopes remain in tact.

Aussie Mutual.
The first settlements are taking place this June. One has gone through June 1, 2 are due on June 8, and we expect about 5 a week as we enter July.

Currently these settlements are taking place in NSW only.

I spoke to the director of the wholesalers and they intend to open a broker house in Victoria within the month.

We Expect that to double our out put.

We are hopeful that QLD will open within two months also.

So you see, even though we stalled, we are up and running at a cantor getting ready for the gallop.

We currently enjoy a niche position in an advertising system and receive leads from all over Australia.

The Online Discount service is almost ready. We just need to finalize some details, and then we go ballistic.

REBOOTING GMI

In order to re-boot GMI we have put our GMI-shopping concept on full accelerate.

The Following Introductions will be made shortly.

ONE: The NES CARD
Nescard will operate at ATMs anywhere, Point Of Sale grocery stores etc, and Online transactions such as purchases or bill payments.

These cards will be purchased for about $25.00, and wil have a referal sales benefit to members. We have to order them in advance 1,000 at a time. As soon as the script is finnished upgrading, we will launch this.

TWO: The GMI First, Second & Third CREDIT UNIONS
Members will be offered a membership in a GMI credit union.
There will be three entry arrangements allowing for a range of investor types.
More about this as it comes to hand. Referals will be made on this also.

We will launch our very own AUTO-BOT FX and shares System
We have to attract a minimum investment of $10,000 in order to launch this system. If SI come good, we can fund it from there. We will launch the plan as soon as the upgrade is complete.

GMI-ONLINE SHOPPING PORTAL NOW LAUNCHED

GOTO www.gmi-shopping.com/the_shop.htm

This is only the first Phase.

currently, if you exchange shop here, in other words, buy anything you can here, GMI will receive apx 5-9% of the sale price, returned to members via the VCshares portal monthly.

If you look for the international link, you will find Germany, Canada, Japan and USA.

PHASE two gets exciting people.

Phase two will see you enter via the members online area and when you do, you will receive a share portion, based on a % of the purchase price. That means you will also receive a greater portion of the interest when it is paid.

SO START SHOPPING NOW!

You have heard it said about hyips, "Don't invest more than you can afford to lose"

I personally, can't afford not to succeed. If this whole venture fails, then I am totally finished, caput, done for. So for me its D DAY.

In our system, even when we lose we win, because as the whole operation takes off now into the third quarter, everyone will benefit.

OTHER THINGS TO LAUNCH

THE global-sentinel site will shortly be launched with a decent face lift.

A members co-op system will launch allowing people who work at projects, to receive shares and then receive a decent percentage of the profits. Some people have already joined this scheme.

A GLOBAL Financial Services Portal is also under way, and will begin to emerge this month.
credit cards, student funding, home loans, insurance and much more.

BY JULY ONE WE WILL HAVE EVERY CONCEIVABLE ONLINE PURCHASE UP AND RUNNING IN MOST COUNTRIES EXCEPT FOR ASIA.

ASIA WILL BE THE NEXT MAJOR FOCUS..

Mr Anon will be sending a treasury report soon and will come back to us shortly.

So My total empathy with everyone having waited for so long,

You really deserved a better go than we all got, and I am trully sorry for my part in the total sceme of things thus far.

So heres hoping for that profit taking time that we have all waited so paitiently for.

Gordon"

A positive, 'soon, soon, soon' update.

Okay, there's some good stuff in there, and some questionable stuff...

The long, long awaited GM Shopping Portal is just a rebadged affiliate portal that I can tell. Fair enough but sheesh... The way it's been hyped and how long we've been waiting I was expecting something a little more than we could all do in our bedroom with some advertising.

Recently, Gordon told us that not to expect payments till July... (in personal conversations with various members.)

Yet, in his official updates he said payments will begin at the start of June...

I checked HYIPInvestment and guess what? Over the past few days there's a multitude of paid posts.

As we say in Australia: "Wouldn't it rip ya?"

This is the problem. Communication and Gordon not having his finger on the pulse.

One minute he'll be doing highly questionable maneouvers like 'investing' in Solid Investment and then proclaiming 'no more HYIPs for GM' when he works out it's crap. No duh. If he had taken even a minute's research besides a dodgy promise from some dodgy admin online that he would be paid, he'd see this... Then the fact that he lumps all HYIPs into the one category illustrates a lack of nous and understanding. Just as we don't lump all stock into the same category. I hope he doesn't apply this broad generalization of 'understanding' to other arenas.

HOWEVER it would appear that he is proficient at the lead generation side of things. Maybe, and here's hoping, he will stick to what he knows.

What he needs to do now is sort out the quagmire:

- Confusing, condescending communications which contradcit from one moment to the next... (Alliteration alert!)
- So many different half finished sites, plans and ill-researched endeavours
- Stop making wily promises (abolish fixed interests rates, terms, etc. and just stick to on VC Shares payout monthly that he makes BASED ON WHAT HE CAN AFFORD TO PAY (i.e. what he has earnt!)

Having said all that - and there's so much more to say - day by day Gordon turns more and more into a wily character, unpredictable, hard-to-understand. One minute we're not getting payouts to July, the next minute we're seeing a multitude of payment posts on rating checks.

Stick to the leads, and the stuff you know how to do Gordon. Continue how to streamline! Ask us for HELP - rather than telling us just to 'advertise' and do some research before you go dabbling in crap like Solid Investment.

He often asks for help and then doesn't bother to follow up on it - there's so many of us GM members who could get him back on track.

Having said all this, I think Gordon will make us all money eventually. This is not HYIP style eventually of 'next week.' He will keep putting along and if you all wait it out you'll get dribs and drabs and hopefully more if "GM hits full gallop."

In the meantime, for new investors, or existing - I strongly suggest not depositing new funds into GM.

I have lowered my rating of GM to a 4/10.

Why a four? Well it's slightly below average. That's not 'bad' per se. It is a REAL program, for most intents and purposes - something we so rarely see in the majority of the mainstream HYIP arena. That's automatic brownie points. The only problem is, Gordon has been very questionable in his endeavours as of late and really needs to get his finger back on the pulse.

There's so much more that could be said on this topic, rambling and hyperbole... but to boil it down, GM continues to perform nowhere near the par that Gordon set for himself and he seems to lose his way quite often lately. Having said that, he's not a scammer, he's just a real guy trying to make us money. He hasn't been doing as well as he would like lately. I assume, and would think it is the best bet, that he'll be sticking around to make us more money... Here's hoping he does.

He's not a scammer, he's just a guy who's not too good at communicating with us, often condescending, lacking support and suffering a case of two steps forward, one (and a half) steps back lately...

*phew*

On better notes:

There's some work being done on Total Rune. Expect a newsletter soon.
Compact Surfing are back on track and have paid me.
VIP Winners paid me promptly for a withdrawal.

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