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thebrokerjones
Advanced Member  USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Hey everyone, Many of you have heard me mention the fact that I have 6 current income streams, and that my favorite method of team building is helping my new distributors earn "Profit Up Front" that assists them in affording their: 1. Autoship 2. Education And allows them to pursue their long term residual "walk away" income dreams in MLM, stress free, and it has dropped the "attrition" rate into almost nothing in my downlines. I'm currently involved with: 3 Passive Income Opportunities Vlane/GMS Marketing solutions -- This is my number 1 passive income opportunity and I've been earning several thousand dollars per month passively for well over a year now. I was a little "gunshy" about building a team in this one at first and I only sponsored 11 which in turn has grown to almost 50. (They have a front end Matrix/Membership type of thing going on.) If you would like info on this one...I no longer have the time/energy to explain it all but one of my teammates created a brilliant website that you can check out and work with him on it: passiveincomeexplosion dot com ASDcashgenerator -- Earning in this one but NOT promoting for various reasons QLX3 This one is..."ok" and it produces like an 8% return per month on investment. Nothing to write home about and I don't actively promote it, but I'm a content member. Affiliates Dillard, Aweber etc. (Not a huge source of my marketing really, but a decent monthly paycheck, and definintely some Time Leveraging because my distributors are educating themselves quite efficiently nowadays.) Primary MLM companies: 1. Via Viente -- You all know how I feel about this one...I feed my 19 week old daughter Via Viente in her "baba's" 2. Send Out Cards -- The Ultimate Relationship Building Tool That Every Network Marketer Should Be A Part Of. =============================================== Recently, over the past 48 hours, I've discovered what I think is the Next Vlane. I've done some extensive homework, and spoken with everyone that I know who is "in the know" in the industry, and on 7/8 I announced publicly that I was joining Oceanside Wealth Builders and that I was going to be: Building A Massive Team (NOT A REFERRAL LINK OF ANY KIND!!!) http://www.asamonitor.com/forum/index.php?showtopic=10315 (SIMPLY A LINK TO A FORUM THREAD!!) The response that I have gotten has been nothing short of awe inspiring. These are the PM's from people joining my team in "pre launch" within 48 hours......from just 1 forum that I frequent. Now this post is NOT to recruit you. When you see the pictures below you'll realize that I don't need to recruit anyone to make a ridiculous income from this opportunity. I just wanted you all to know the opportunity existed, so that you can get informed and make your own decisions. In my opinion. This opportunity is the next Vlane, and it will be a goldmine of passive income (spiked with an up front matrix) to thousands of people over the next 2 years. I absolutely do not have any time or inclination to get in any debates or arguments regarding this program. My plate is full with teammates and working with them. But if you do have any legitimate questions, I will be happy to help you. Kind Regards, Broker Jones (The following is what happens when I go into maniac recruit mode....hehe)   |
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Kryp2knight
Advanced Member  USA Joined: Mar 13, 2006 Posts: 1822 Status: Offline |
Broker- I too have been keeping an eye open on Oceanside Wealth Builders. You can count me in on this. To me a $60 investment is WELL worth what the potential could turn out to be. Also the program itself (without the matrix) seems pretty good. The 20% on average return per month seems pretty solid as well. (this program has been tested for two years with fantastic results as you can see in the link provided by Broker) This is my first venture into "passive income" and it is the only one yet that has gotten me very excited when I looked at it. Scott |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Hey Scott, I noticed that you were on the forums over there and then I got your PM yesterday! Welcome to the "other industry" man, and I look forward to helping you master it. I know Jake the guy who does the videos over at ASA personally, and he and I have had a chat about Oceanside, and some of the moderators at MMG (Money Maker Group) are actually downline members of mine in various programs, so I get a lot of inside scoop. The fact that OCW are using the same Asset Protection group that Vlane uses is.......HUGE. We're definitely going to make some money both in the Matrix and in the Passive portion of this program. Kind Regards, Broker Jones |
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SirThomas
Advanced Member  USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Hey Broker, This is looking very interesting. Thanks for for all information. Hopefully, I can have everything arranged by weekend. Thomas |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Hey SirThomas, You're very welcome man. And welcome to the team. I'm keeping my eyes and ears open, and as long as all continues to develop well we should be in for one heck of a profit margin this year. Regards, Broker |
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MVP
Jr Member
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I see no link to learn more or sign up? Is tere a company site? how can you sign up? |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
The company website will be up in approximately five days. There is no link to sign up with at this time. Broker |
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MVP
Jr Member
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How do you sign up? On the other forum they talk about a link to sign up & fund your account or pay the $60.00 fee? |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
You can't sign up until the program launches and that won't be until next week most likely. Broker |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
You can't sign up yet. We will have to wait few more days. All you can do at this moment is to contact any of us to be on the list and the soonest they start, you will be added to the group. When it starts, you will need to make an initial payment of $60. There are only few payment processors that will be handling that. You need to get set up with them, in order to make a payment. if you need the info how to get set up, let me know through the email in my profile or the one you see below. Thomas |
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Kryp2knight
Advanced Member USA Joined: Mar 13, 2006 Posts: 1822 Status: Offline |
StrictPay U-GotCash AlertPay Did I leave any out? |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
They also use Solidtrustpay. At this moment the fastest way is to use StrictPay. I got my account set up and funded within 14 hours! It will be very interesting to see how everything evolves :-) Thomas |
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Kryp2knight
Advanced Member USA Joined: Mar 13, 2006 Posts: 1822 Status: Offline |
Looks like there may be the possibility of having a short time offer of free enrollment to lock in a spot. Since there are numerous people having to shuffle funds around to get their money into the approved payment processors they are thinking about letting people get their spot while the funds are being processed into the correct accounts. Stay Tuned! |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
I see you gentlemen are on top of things over here! Awesome stuff. I'm putting together the team strategy email now. Secret Info Incoming!  Broker |
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Steve_Fazia
Advanced Member  USA Joined: Oct 23, 2004 Posts: 1127 Status: Offline |
 Have been following the ASD and this thread with utter amusement. Guess since I've never been involved with one of these type programs, I'm a bit naive perhaps? But here is a casual observation that spawns a legitimate question. Why do all of these programs use obscure payment processors?? I have always used check or credit when dealing with legitimate network marketing companies. Hmmm.......Steve F. |
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djsartin
Advanced Member  USA Joined: Oct 24, 2004 Posts: 6846 Status: Offline |
Hi Steve, Cannot speak for Oceanside, but with ASD you can choose between some online pay processors or a cashiers check to pay for ad packages, and you have the choice also to be paid by check if you wish, or direct deposit if you have an account at Bank of America. Good question tho, DJ |
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cwijas
Advanced Member  USA Joined: Oct 23, 2004 Posts: 441 Status: Offline |
Broker....I am interested in this program and would like more info...or get on your list. I don't see an email address for you...I did will out the form on your website and didnt get any info on Oceam Wealth....can you please email me something?! Thanks! |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Sending you an Email now and adding you to the team list. Welcome aboard. There will be some exciting information in your inbox tonight with the next teamwide email. Kind Regards, Broker Jones |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
What makes Oceanside Wealth Builders so attractive? This was a post by the member of a different forum: "Sounds like a great opportunity to start small and actually benefit from the Forex market without the learning curve which has stopped me for years." ...and my reply: This is exactly what makes this program unique and so attractive. Forex trading could be very rewarding, but you need to learn the skill of trading, be consistent and willing to take risks. Forex is GREAT! You could start trading yourself with as little as $300 using any broker out there and add more funds as you feel... For others, who don't feel comfortable trading personally, they need help.. They have to move towards "managed funds" where they can deposit their money and let professional traders do the job for them! Yes, thousands of people reap huge rewards through "managed funds" trading instead of trying to learn "systems" and go on their own... Unfortunately, most of the best "managed funds" will NOT accept less than $10,000 initial investment (usually $25k) and they limit the number of participants... Also, many of them are NOT open to just anybody anyway... So, what's so special about Oceanside Wealth Builders? Oceanside gives you an advantage of "managed fund" trading performed by a proven professional trader... and you can start with as little as $100 in your trading account! All trading is done by a PRO using an "institutional grade" trading platform/system... No guesswork! That alone is worth looking into this program. The rewards derived from referring others to Oceanside are just extra funds added to you trading account and will create even greater returns! To Your Success, Thomas ---------------------------------------- [Edit 1 times, last edit by SirThomas at Jul 14, 2008 9:05:04 PM] |
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Kent_F
Advanced Member  USA Joined: Oct 23, 2004 Posts: 1169 Status: Offline |
Hey, to each their own, but these deals are really kind of funny. Here's one typical forum quote: ________ This company is incorporated in Panama! Fully legit. They will be posting trading results from their trading accounts for all members to see!!! ___________ You guys crack me up - best of success! Kent F. |
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Kent_F
Advanced Member USA Joined: Oct 23, 2004 Posts: 1169 Status: Offline |
Broker, I'm curious, when I Google: Vlane/GMS Marketing solutions it comes back with zero results, why is that? Thanks! Kent F. |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
That's quite funny. Because when I google Vlane They are third from the top on the front page. |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Kent, Probably for the same reason as KentF/mlm wouldn't bring any results either ..... wrong word sequence :-) Thomas |
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Kent_F
Advanced Member USA Joined: Oct 23, 2004 Posts: 1169 Status: Offline |
From their web site: ______________ MC Inc. (MARVCorp Inc.), an incorporated daughter company of GMS Foundation, designed to and geared toward becoming nothing but one of the biggest media advertising platforms existing on the World Wide Web - via our newest addition we are proud to present: V-Lane Traffic. MC Inc. / V-Lane Traffic is a full service media and advertising agency, specializing in the professional analyses and planning of highly successful, customized on line and off line marketing strategies, tailored to its clients individual needs. ___________________ I think Google was confusing it with V-lan, which is a Local area Network. Needless to say, the web site appears very flaky, has no readily apparent TOS or Privacy page, and no Contact info. page. Huge red flags for any normal ISP. Shocking - yes I know it is. Kent F. |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Your reading comprehension is worse than your Google skills. There are TONS of Terms of Service, NDA agreements and FAQ's associated with Vlane and very easy to find. I hate being rude. But you're actually insulting our intelligence at this point. You don't even know the basics of Google.....and yet you want us to perceive you as some sort of authority figure in the industry? Give me a break dude..... Broker ((Congrats on being the recipient of the meanest public post I've ever made. I can't stand ignorance.....but adding your attempts to insult a program I'm in based on YOUR lack of basic Internet reading/searching skills? You just nailed my Pet Peeve right on the head.)) |
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cwijas
Advanced Member USA Joined: Oct 23, 2004 Posts: 441 Status: Offline |
What is the true name of the program? Is it Oceanside Wealth? Or Oceanside Wealth Builders? Thanks  |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Oceanside Wealth Builders |
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cwijas
Advanced Member USA Joined: Oct 23, 2004 Posts: 441 Status: Offline |
looks like it will be Oceanside Wealth The site is evolving quickly...can't wait!!! |
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BillMarler
Advanced Member  USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
Is that your splash page or did u get it from your team leader? Bill |
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ALM
Advanced Member
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I believe the authentic site is oceansidewealth[dot]com -Angel |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Bill, I just sent you an email. Thomas |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
I actually haven't designed any pages for this yet, as I've been too busy coordinating. Our team broke the 600 member mark today, and I have no doubt we'll be over 1,000 by monday. Not to mention the several thousand others who are coming in from other teams. My prediction? 5,000 members in the first week. If you Google: Oceanside Wealth Every website/blog/squidoo that comes up is someone on my team! Weeeeeee. I'm delirious. I've been up since 3am yesterday. Bill I sent you an email today! If I stay awake....3 more hours it will be 24!!!! Ok....wow. I'm tired and ridiculous. Goodnight! PS -- Just finished writing the copy for OceansideWealth dot com it may need some editing, we'll see. I was pretty tired. Broker PS -- I realize the PS should come after my name. But yeah.....did I also mention.....Weeeeeeee? |
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cwijas
Advanced Member USA Joined: Oct 23, 2004 Posts: 441 Status: Offline |
No, its my splash page... |
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Kent_F
Advanced Member USA Joined: Oct 23, 2004 Posts: 1169 Status: Offline |
I'll overlook the personal attacks. As I said earlier - to each their own. If someone wants to get involved with a HYIP scheme - this appears to be one. I simply googled what you put up Vlane/GMS Marketing solutions and nothing came up. The site is typical for a over-hyped scheme site - you simply try to click and find info. - and it tries to send you to a forum. No company information, no address, no contact info. at all that is readily apparent. Again, I don't try to suggest there aren't thousands of schemes like this one. And, save your drama Broker. It's a money game/scheme, plain and simple. If the deal were legit - it would accept a legit. form of pay. If you want to attack - feel free. Or you could provide relevant info. as requested. Company address Contact info. Primary Principles Kent F. |
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Kryp2knight
Advanced Member USA Joined: Mar 13, 2006 Posts: 1822 Status: Offline |
This is looking very good ladies and gentlemen. LOTS of buzz going around on this and I for one am glad I am going to do it. I have been a strong supporter in the past on focusing on ONE company. Since this is a passive source I gave it a look, and I have liked what I have heard. The ability to earn an average of 20% returns on my investment is very appealing. Add on the fact that the money that I will be investing is that earned from the matrix is even more appealing. If this fails I am out $60. Heck I have lost three times that much on one hand of Black Jack, but if this thing does go crazy, then that $60 will be the best gamble I have ever made. Your options are: Save your $60 and watch this thing go big from the sidelines OR Spend $60 (that's a tax write off anyway) and get in on this and see where it takes you good or bad. At worst you get to claim an additional $60 on your 2008 Tax filings. Broker has really got the bull by the horns here with some good planning. I like his leadership and vision. I'm looking for some referrals so if you are interested shoot me a e-mail. Our team is in GREAT position! In the beginning this will start off with a 2X11 Company Wide Forced Matrix. Once it reaches there, it rolls into a "team" matrix. You can see the importance of getting in on this right away. Start now and have every member of Oceanside Wealth Builder help fill your matrix. Time is of the essence here as you have to establish a Payment Proccessor by this Friday when this launches. How many times have we heard "timing is everything"?With this opportunity I can't see a better example of that saying. |
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BillMarler
Advanced Member USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
Does anyone know if one must pay $60 a month and how long it has to sit in the account before it can me taken back? Bill |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
$60 is a monthly membership fee. You don't get it back. However, when you deposit some funds ($100 increments) to your trading account, it's locked for 12 months. You can only withdraw monthly profits you get from trading. Thomas |
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cwijas
Advanced Member USA Joined: Oct 23, 2004 Posts: 441 Status: Offline |
Looks like launch date is delayed till Monday to allow everyone to get the proper funds in order. I just read the news on the ASA Forum.
Makes me feel a little easier as I was questioning Alertpay...but really want to go with Strictpay. |
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ALM
Advanced Member
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I went with AlertPay at first, but they are taking way too long. I'm waiting for the final step with StrictPay, and this is only after 2 hours. -Angel |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
1. I've personally seen the FOREX program behind this program and all I can say is....if you like the idea of 15-20% returns on your investment each month. This program is for you. I was able to view the past year of trading and I was impressed to say the least. (I normally do not put my name behind very many passive investment programs. This one is a gold mine.) 2. The Matrix earnings are un-parallelled in any industry. 3. I've been in webinars and conference calls all week with the Owners of the program, as well as Jake from autosurfauthority. Vlane has been paying for both of my Car Payments and my Home Mortgate for the past year........(Kent F can throw is "authority on the industry" around all he wants. Vlane is the real deal) I believe that Oceanside is the next Vlane....if not better. To be honest? I don't need to recruit anyone in this program from this point on. If you are interested. Contact Thomas or Scott and they will help get you up to speed on the program. I'm not longer accepting personal referrals into this program. Kind Regards, Broker Jones |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
As posted on the ASA forum: ---- Hey everyone, At this time, I am no longer accepting personal referrals. I've reached my "critical pre-launch mass" of 80 personal referrals. Any and all PM's requesting to join our team will be forwarded to a member of my team and they will be able to assist you. I'm going to dedicate the rest of the week to supporting our current team, and developing a massive marketing campaign that will be deployed "post launch". After launch, I'll be collecting everyone on Team Avalanche's referral links and setting up a rotation to get Personal Referrals into the hands of those that need them most. (IE, those that fall on the lowest levels.) There are many qualified leaders on this forum who can and do want more referrals. But being only 1 person, I just want to make sure that I can provide a quality leadership experience for those who have put their trust and faith in me. I will continue to put in 12-15 hour days for as long as needed. At this point, I'm personally sponsoring 80 into Oceanside Wealth, and that 80 has gone out and sponsored what is looking like a grand total of almost 300 on Team Avalanche. I am anticipating Massive Growth after the launch on Monday. At Your Service, Broker Jones |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Team Email #1 ---- Hey everyone, First off, I just want to say that it is an honor to serve you, and that I really appreciate all of the support and overwhelming response that we have gotten so far. In this email, I just want to provide some basic information, along with the strategy that I intend to implement for making sure that all of us experience amazing growth in this opportunity. If OCW is even half of what I think it is. We're all going to have a very.....very Merry Christmas this year. News Updates: From what I have read/heard lately, the website for OCW will be up within the next few days and we will all be able to sign up for FREE at first so that we can Lock In Our Matrix positions!! Approximately 7 days after that we will be expected to pay our $60 Matrix Fee, and I believe this is all of the out of pocket money we will ever need to invest in this program. (Honestly.....I don't recommend "investing" any money other than the $60 Matrix fee.....Because I can see all of our matrices being FULL by the end of the second month.) The admin has predicted that they will have 10,000 members by the end of the first 30 days. I'm a little more conservative than that, and I'll just mention that even if they only get 5,000 (most of us will have full matrices at that point) and all of us will be full through level 7-8. STRATEGY: Step 1: The absolute most important thing, is that we all get into the Matrix as fast as possible as soon as the website launches. (I will be watching the forums like a hawk since I work from home full time.) As soon as the site launches, Wanrou will give me his link and I will sign up and send everyone on this list my link. **To be fair to those who sent me PM's and Emails first, but at the same time keeping the interest of getting everyone signed up ASAP, as soon as I have my link, I will begin sending out emails to everyone in the order I received your PM. In reality there is going to be maybe 25 seconds between each email, and within 10-15 minutes this entire list will have their sign up link. So if you want the top spot you'll have to be very vigilant.** We will have a 10-15 minute window of opportunity, but we're not going to take longer than that. Chances are honestly.......that it won't matter if you are the first person to sign up under me....or the 50th. We as a team are in an incredible position in the matrix. Vlane has 8500 members, but it is much more complicated to sign up, and they never advertised like OCW is. 10,000 members is EXTREMELY realistic (maybe not in the first 30 days but it will get there.) And we will be sitting on top of all 10,000. STEP 2: As soon as we are all signed up, I'll send out an email requesting those of you who need "help getting your 1 sponsored" to send me an email in reply. I will add you to a list in order received, and will get set on putting a marketing system together so that everyone on the team will have at least "1" personally sponsored member in order to take advantage of a little savings on your matrix as well as the 50% matching bonus. AFTER launch....I will NOT be accepting ANYONE signing up using my link. Anyone who wants to join OCW and contacts me will be given YOUR links, and I'll just keep a simple rotation on a spreadsheet to determine who gets the next sign up etc. STEP 3: As soon as I have the full list of those wishing to have Recruitment Assistance, I'll start developing my splash pages and marketing campaigns. I do realize that I've been blessed with success in this industry, and I am extremely thankful and humbled by the amazing response that you all have given me. I am not a greedy person by nature, and therefore I will be investing 50% of all of my Matrix Commissions into a never ending Google Adwords campaign geared specifically for generating Leads for new people joining our team. ((I may need some help working with all of these leads as I am only one person. If you're willing to help with this please reply. Preferably you have some experience in customer service and recruiting.)) MY GOAL: I will not stop actively working this opportunity, until everyone reading this email has a Full Matrix, and at least 1 personally sponsored referral under them. At such time that we all have Full Matrices and at least "1" personally sponsored referral. I may be inclined to take a little break on a carribean island somewhere. =) But I'll bring my laptop with me =) --- Again.....thank you for being here. Feel free to send me any questions you have. At Your Service, Broker Jones ---------------------------------------- [Edit 1 times, last edit by thebrokerjones at Jul 16, 2008 6:56:14 AM] |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Team Email #2 ----------- Hey everyone! Well there sure is a lot of information going on in the ASA forums, and I'm extremely excited about the things to come. There is one issue that I need to address immediately however so that we do not have any confusion come friday. At first I had one person request if I could "sign them up for them" on friday, and I thought ok, this is the exception and I can handle it. But there was a forum post this morning that said that "Broker is signing up for me" and since then I've had 10+ requests from people who are "not available on friday" asking me if I can sign them up for them if they give me their log in info. While I normally want to help in anyway that I can to help our team achieve success, it is at the point where I must decline to do this. There is simply no way that I'm going to be able to send everyone emails with my links, deal with troubleshooting, answer emails, PM's and phone calls on friday, AND be dealing with signing people up. I'm guessing that a sign up will take 5-10 minutes. And if I'm spending 5-10 minutes signing someone up, then we're all losing valuable slots.....I'm only 1 person....it would take me 100 minutes to sign up 10 people. And in 100 minutes from when the site opens......you'll be many levels down in the matrix. I apologize for not being able to take care of this matter, but here is what I recommend: If you KNOW that you are not going to be at your computer on friday. Find a friend/relative/family member whom you know that you can count on. Give them access to your email, and your pay processor account info, and have them sign up for you. Make sure that they will be at their computer and their cell phones so that you can walk them through the process. My number 1 priority is going to be making sure that everyone gets the Sign Up Link for OCW as quick as possible so that we can position ourselves as close to the top of the Matrix as possible. I do realize that we're not all going to make the very top of the matrix, and so I'm coming up with what I feel are some good solutions to: 1. Take advantage of our coordinated Teamwork. 2. Help members who are on the Lower levels of the matrix take advantage of the FOREX product within this opportunity. Please stay tuned for an additional Strategy Email tonight that will cover topics such as: A. The Process We'll be using to make sure everyone gets personal sponsors placed under them. B. Our Prizes/Lottery system that will place $1,000 bonuses to members on the team "STARTING with people who are on the lower levels. This will allow people who do not have massive spillover, to "Invest" in the FOREX and still earn a lucrative income with this program with minimum out of pocket expenses. The prizes/lottery is operating under the assumption that I will have a full or close to full matrix. (I'm pretty sure I will but you never know.) My promise to you is as follows however. No matter what the outcome of friday is (and I think it will be a great outcome), we will adapt, and come up with solutions that will enable all of us to achieve success. "We are only as successful as our Least Successful team member" Kind Regards, Broker Jones |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Again as an update: The launch is now set for Monday. I am no longer accepting personal referrals. If you are interested please contact SirThomas, Kryp2Knight (Scott), or cwijas for more information. Kind Regards, Broker Jones |
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cwijas
Advanced Member USA Joined: Oct 23, 2004 Posts: 441 Status: Offline |
Broker Jones, thank you so much for the updates and sharing this great information with everybody. You have done more then enough to help and support us...THANK YOU!! You are a true leader... |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Thank you!! |
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JNaPier
Advanced Member  USA Joined: Oct 24, 2004 Posts: 4035 Status: Offline |
Ok, all this is greek to me. I put a few minutes into info I saw and couldn't figure it out....thanks Sir Thomas for posting this...looks good to me. JN |
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Kryp2knight
Advanced Member USA Joined: Mar 13, 2006 Posts: 1822 Status: Offline |
Jay I shot you an e-mail |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
You're welcome Jay! Thomas |
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cwijas
Advanced Member USA Joined: Oct 23, 2004 Posts: 441 Status: Offline |
WOW... ANOTHER REASON THIS IS LOOKING VERY ATTRACTIVE TO ME... QUOTE(Oceanside Wealth @ Jul 6 2008, 02:57 PM) Were sorry to inform everyone that we will be eliminating the $1,000 per month car bonus on level 8. Instead we will be buying you a BRAND NEW CADILLAC ESCALADE HYBRID body wrapped with Oceanside Wealth and your personal referal link! Members will receive the Escalades when they have completed earning on level 8. We figured everyone would like this better JD QUOTE(Oceanside Wealth @ Jul 4 2008, 05:08 PM) You are not required to refer anyone to earn in the matrix, but those that do will earn a 50% matching bonus on anyone they do refer! There is also a $1,000 per month car car bonus and $5,000 per month house bonus that is easily earned. All earnings in the matrix will go directy into the fund to earn you interset. We realize there are alot of people that want to put thousands into a program but can't afford it. Our matrix will allow you to leverage your $60 into thousands to earn you money on month after month! Wait until you see the details of the matrix! It truely is phenomenal and like I said you should be in profit in thematrix the first or second month as fast as this is going to grow! We are members in other network marketing companies and are bringing in our team of 10's of thousands. Everyone here at ASA has the ability to get in before the masses come in. JD ============= Anyone looking for a sponsor!! I will hook you up!! Carola |
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Wendy
Advanced Member  CAN Joined: Aug 21, 2005 Posts: 3480 Status: Offline |
Comments on the following? I know some of the strongest network marketing companies protect themselves in their P & P against Lottery Laws by ensuring that there is some structure in their payplan ... thereby eliminating the "lottery" aspect ... From mlmlaw.com: "Re Lottery As applied to pyramids, if the element of chance, rather than skill, determines the receipt of "the prize," such plans have been held to be lotteries. The most notable case illustrative of this is U.S. Postal Service v. Unimax, Inc.(33) In Unimax, the Administrative Law Judge determined that a participant's compensation was beyond his control, and thus, determined by chance. Rather than allowing its distributors to place their downline distributors where they desired in their organization, Unimax assigned distributors to positions in the downline organization. This resulted in a matrix of unrelated distributors who were spread throughout the country and were thus, less controllable.(34) The judge determined that the compensation received by Unimax distributors was based "principally on the exertions of others over whom they have no control and no substantial connection . . . (and that) success of such marketers is determined by chance." Under a legitimate multilevel marketing program, a Distributor's compensation (the prize) is earned (won) not by chance, but rather by his skill and efforts in building and maintaining a downline organization. In a lottery analysis, a Member's efforts in building his organization would constitute "consideration," however, this is of no consequence because the element of "chance" remains absent. Thus, a proper multilevel program is not a lottery." More detail at ...http://www.mlmlaw.com/library/guides/Primer.htm |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Wendy, there is a ton of structure in this payplan. I've seen the entire thing in it's fine details and have gone over everything, but I'm bound by an NDA currently not to "spill the beans". I don't think you're seeing the full info. The website and all information should be finished in the next 24-48. This is actually a hybrid company that is combining the leverage of MLM and the investment product of Forex. The product that you are paying for with your $60 membership fee (which also places you in the matrix) is going to be weekly extensive, "members only" Forex training using an institutional grade Forex program and trader at the helm of it. There are actually other "big names" that have been trying to implement something like this, but they didn't have access to the Forex program that Oceanside does. The reason why you "don't have to recruit" necessarily, is that you can just be happy paying your $60 membership fee for the great product, and you can put funds into the Forex account and earn that way. There is nothing lottery about this. Even if you do receive spillover from the Matrix.....the "earnings" are actually placed into your Forex account where you will earn a % based on what the Forex return for that month is. And the next question! That will undoubtedly be on your mind is "why is the company incorporated in Panama"? The answer is pretty simple. With the lovely Patriot act in the States, it's simply too convoluted of a process for Entrepreneurs and Corporations to set up a Forex based trading account that manages a hedge fund for thousands of "MLM" members. Going through all of that red tape would take years and costs thousands upon thousands of dollars. The United States is NOT Entrepreneur friendly.........we all know this. I mean...we know that there is a company in Texas that makes all of the Health and Wellness MLM's life hell......it's like their "lot in life" to do so. Kind Regards, Broker |
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Wendy
Advanced Member CAN Joined: Aug 21, 2005 Posts: 3480 Status: Offline |
Fair enough, Broker ... I have not had an opportunity to study this at all ... But my question relates to the matrix, as per Carola's comment ... Can you make substantial money in this forced matrix, by virtue of commissions from the forced matrix, by sponsoring either zero people or one person? Carola uses the word "quote" ... From where is the information quoted? Many thanks! Wendy |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
The only money that you can "cash out" from Oceanside Wealth is returns based on the Forex program. If heaven forbid the Forex program were to have a losing month. We wouldn't earn that month. What I can tell you from personally looking at charts from both Demo and Live accounts for the last two years, is this System has been generating approximately a 14% return each month. (I don't know about you but I'll take that to the bank.) They did have a low % month back in April and only earned a 3% return. But they have also had %'s as high as 30% that I've seen. Oceanside Wealth will show their actual trading charts on their website, so all earnings, graphs and information will be 100% transparent to their members. Matrix earnings are actually leveraged into your Forex account within the program, and then you earn based on the return that Oceanside generates in a given month. Can you earn money that is then leveraged into your Forex account from Spillover? Absolutely. Just like any other Matrix based MLM company. Nothing new here. And again, your membership fee in the matrix purchases you a product. That product is weekly private training using a Forex program valued at $60 million dollars. This is the SAME type of Forex program that your local bank uses to earn returns on your "bank account balance" at the end of the day. If you wanted to purchase an exclusive license to use a program like this it can cost up to as much as $6 million per license. (Keep in mind the program that Oceanside is using is NOT for sale to the public.) However there are a few large institutions who are eyeballing it. The value in product that a member is getting for their $60 membership fee is arguably better than anything else in the industry. Nowhere else on the planet (to my knowledge) can you get this kind of Forex training weekly.....for $60 bucks a month. The above information is to the best of my knowledge. And while I'm fairly well connected and "in the know" I'm sure that I could of said a word wrong or used an improper term as I'm not a professional Forex trader myself. Hopefully your questions have been answered to your satisfaction. I can tell you one thing. This company and it's product, is unlike anything the industry has seen to date. Kind Regards, Broker Jones |
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Kryp2knight
Advanced Member USA Joined: Mar 13, 2006 Posts: 1822 Status: Offline |
I don't know about you all but I have two money market accounts making LESS than 3%. I am going to love getting 14% average returns, PLUS if it is a month where there is a loss, I lose no money of my own.  |
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Wendy
Advanced Member CAN Joined: Aug 21, 2005 Posts: 3480 Status: Offline |
Yes, I understand what you're saying Broker ... What I'm saying is that most matrices may have a challenge holding up legally if they were scrutinized ... Most never grow to a size where they get "noticed" and scrutinized ... because either they plateau or they fold. But if one were to actually have significant growth, or get noticed, they'd have to contend with lottery laws ... especially those where you can make more than a few dollars without sponsoring anybody ... or by sponsoring just one or two people ... In other words, the money is made from "luck" ... not from work ... and that's not only lottery mentality ... but it also violates lottery laws One company that I worked with actually restructured their payplan after reading the information from mlmlaw.com Two others that I spoke with were totally ignorant of the lottery laws (as I suspect most are), and opted to move forward without change ... but they're tacky little go-nowhere companies so they probably will never be "noticed" ... Anyway ... interesting discussion ... Wendy |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Wendy, Via Viente is a Matrix based program, and I can promise you they do not fall under any lottery category. Craig Keeland is an extremely thorough man. I prefer a Matrix payplan to any other payplan in the industry. Broker |
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Wendy
Advanced Member CAN Joined: Aug 21, 2005 Posts: 3480 Status: Offline |
I had no idea that Via Viente was matrix ... If it's forced, with no structure, then you can read mlmlaw.com and decide for yourself. |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Forced with no structure. That is a seriously ambigous statement. It's a 3x8 forced matrix. You must sponsor at least 1 wholesale customer on a 3 bottle autoship to qualify for payments. Spillover is not guaranteed but it happens, and if you are qualified, then you do receive commissions off that spillover. I'll pass on reading mlmlaw......I have pretty good faith that a man with Craig Keeland's background has done his homework. Considering he was a financial advisor to every president since Richard Nixon......I'd be willing to "bet the farm on it". Regards, Broker |
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Tsnyder
Advanced Member  USA Joined: Oct 23, 2004 Posts: 3800 Status: Offline |
I know absolutely nothing about Via Vente or Oceanside so the only comment I have is that I've been on the internet since the early 90's... if I had a dollar for everyone who made that statement about companies that ultimately collapsed under the weight of regulatory action I could give half of it to you and we'd both have a lots of money... Faith is no basis upon which to run a business. Best to ya' Tsnyder |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
In 1987 O’Dell got involved in UNIMAX, a buyer’s club that charged a monthly membership fee. UNIMAX was ruled to be an illegal pyramid and forced to shut down because commissions were paid from the monthly membership fees. That is why Unimax was shut down actually. At Oceanside, people pay $60 for a product. That product is "Private Forex Training that can be gotten nowhere else using an Institutional Grade Forex Program.......unless you own a Bank of America you're not getting access to a program similar to this....unless you have a cool $6 million to pay for a private license" Commissions from membership fees or "training autoship fees" (if you want to be technical) are leveraged into the Forex account associated with your user name, and you are paid a commission based on the companies monthly returns. That's really as complicated as I'm going to get with this discussion. Oceanside has 2 MLM lawyers that they have retained for the past 7 months of development and I'm sure they can handle any further questions. Kind Regards, Broker Jones |
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JaredBruno
Advanced Member  USA Joined: Dec 8, 2004 Posts: 116 Status: Offline |
Broker, I checked out your web site and your video had me crackin up! Shoot me an email when you get a chance. Jared |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Email sent. |
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JaredBruno
Advanced Member USA Joined: Dec 8, 2004 Posts: 116 Status: Offline |
Nothing came in. Maybe try again. jb@nmbj.com |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Resent. Let me know if it gets to ya. If not. Send me one back at: info at thebrokerjones dot com |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Announcement! THE OFFICIAL LAUNCH DATE IS NOW SATURDAY 7-26-08. That should give enough time to get set up with the payment processor and contact anybody who's looking for some serious passive income. Thomas |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
This opportunity is simply amazing. And I'm not accepting anymore personal referrals.....so I'm not saying this for "hype" reasons. Broker |
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smartimmune
Advanced Member  USA Joined: Aug 30, 2006 Posts: 685 Status: Offline |
And so is the BOX!!!  Oops, wrong thread. Take care, Steve McKelvey |
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cwijas
Advanced Member USA Joined: Oct 23, 2004 Posts: 441 Status: Offline |
Boy, I am happy to see this thread is still up!! lot's of great info here! Guess it didnt fit the mlm profile? Oh well... lets keep this rocking!! |
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BillMarler
Advanced Member USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
It should be in the mlm section, there is a matrix, recruiting, and future millionaires Bill |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
I was doing the math.......on potential earnings for my position in month one tonight.......it's obscene. Here's to each of you earning 7 figures this year. At Your Service, Broker Jones |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
I can see those numbers too, Broker! I think before the end of summer, you should be over 100k a month... Nice! Thomas |
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Zoe
Advanced Member USA Joined: Oct 28, 2006 Posts: 421 Status: Offline |
I'm confused (which is my usual state of mind )Has this Forex program evern been traded live with real money? If so, are their past perfornance statements available for review? What exactly does the $60 get you besides a place in the matrix? Does any of it go into the trading account or must you pay in additional money to get into the actual trading account. |
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jasonmyers
Advanced Member  USA Joined: Jun 17, 2008 Posts: 106 Status: Offline |
When I first heard of this OW program, I was reminded of a little maylasian program called PIPS (last I heard the owners are still in jail). It lasted for about 2 years or so before it crashed and burned. The people in early made TONS, the people that joined later got burnt bad. OW seems a little different in that it has incorporated a matrix to keep some funds coming in monthly. But the core seems the same... I suspect that it is pretty much a money movement system like PIPS, but since it has the matrix, it may last longer than two years. Maybe my experience with PIPS has tainted my judgement on this... but that's my opinion. |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
You're way off base Jason. PIPS had no viable product and was a total pyramid scheme. To answer Zoe: Your 60$ membership fee pays for your Product which is private weekly training using a $60 million dollar Institutional Grade Forex program. I've personally seen their last two years of live trading charts, and they averaged somewhere around 13-14% per month. Also, when the company launches, they will post their monthly returns publicy for all members to see. They are incorporated in Panama (Mainly because the US is so stifling to entrepreneurial businesses dealing with investments. Thanks Patriot Act and George Bush.) Oceanside has full legal council and they have actually Delayed their Official Launch date twice now, in order to be fully compliant with legal authorities. There are qualifications that members must meet for each level of the matrix after level 4 in order to qualify for their earnings. (Thus becoming compliant with the MLM Lottery laws. Thanks Wendy!) Kind Regards, Broker Jones |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
I just looked up the PIPS information. They promised 2% a day with NO product and NO matrix... ....2% a day is just CRAZY talk. 60% a month.....unreal. --- Oceanside's Forex program averages 10-20% a month, but they do have slow months, back in April of this year they only earned 3%. PIPS and Oceanside are not even in the same ballpark. Broker |
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jasonmyers
Advanced Member USA Joined: Jun 17, 2008 Posts: 106 Status: Offline |
lol... yeah. PIPS was pretty crazy, and yet, people still joined and believed in the program. The owners (husband and wife) claimed that the huge returns were generated from various investments (forex, real estate, etc). But they never showed exactly how much money was coming from where. Pips even had a convention.... can't recall the location. Hey... I still have my PicPay debit card..... lol
That would be a good thing...  ---------------------------------------- [Edit 1 times, last edit by jasonmyers at Jul 22, 2008 6:37:31 PM] |
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apia
Advanced Member  USA Joined: Aug 24, 2006 Posts: 1161 Status: Offline |
Panamanian incorporation has become quite commonplace. Somewhere I've seen a list of American companies that have moved their incorporation to Panama. It's a list of very recognizable names. A couple I think I remember were Costco and Sears. I believe that Panama is the #2 international banking center behind Switzerland with Hong Kong in close pursuit. It's not just the privacy issues either. There is a small flat cap on corporate income tax that is just ridiculous. I think it is $300 or thereabouts. |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Let's face it guys. The United States is becoming quite known for driving companies away. Look what they tried to do to Microsoft. And then they balked when Canada said "Hey Bill, you can operate in our country Tax Free". The US gov't backed down because they didn't want to lose the "world power" that Microsoft is. There's also a reason our best and brightest doctors and scientists are going overseas. We need a change. I was praying for Ron Paul.....personally. Broker Jones |
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Tsnyder
Advanced Member USA Joined: Oct 23, 2004 Posts: 3800 Status: Offline |
I wish you all the best with this deal but, to me, it smacks of a fast money pyramid deal. Incorporating in Panama would have nothing to do with the so-called stifling U.S. attitude toward financial opportunities. That's just silly. No matter where they incorporate they'll still be subject to U.S. Law if they promote it to U.S. residents. The notion that they have legal representation is also very amusing. Name me one single company that got whacked by regulators that didn't have legal representation who was sure that everything was just dandy. There's been more hype surrounding this deal than just about anything I've ever seen on this forum. As the great philosopher, Glenn Frye (lol) wrote... "The lure of easy money has a very strong appeal." My best advice for those reading this who haven't already tasted the Kool-Aid is to take a step back... do your research... and proceed with EXTREME caution... if at all. If you recruit people into a deal that ends up under attack you won't be protected by the fact that the company is incorporated offshore. If you end up being one of the major earners you could very well be a co-defendant. Best to ya' Tsnyder |
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jamie22
Advanced Member  USA Joined: Sep 14, 2007 Posts: 1890 Status: Offline |
But it tastes so nice Terry.. Try some, TRY SOME...... TRY SOOOOOOOOMMMME lol... I agree with everything you have said here and I am shocked to see so many people getting Jamie |
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Wendy
Advanced Member CAN Joined: Aug 21, 2005 Posts: 3480 Status: Offline |
Don't be shocked, Jamie ... I think we've only seen the tip of the iceberg with deals where "early in" makes a bundle ... "late in" is left holding the bag ... I've been waiting for you in this thread "T" ... thought I was gonna have to dive in ... Thanks Terry for bringing an important perspective to the discussion ... |
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jasonmyers
Advanced Member USA Joined: Jun 17, 2008 Posts: 106 Status: Offline |
I heard the same stuff about PIPS when they were around..... same song.... modified dance.  Don't get me wrong..... YOU WILL MAKE A LOT OF MONEY IN THIS.... Just get your seed money out as soon as possible and play with the profits. I did that with PIPS and made some nice money before everything got locked down... |
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David_Cutter
Advanced Member  USA Joined: Apr 5, 2005 Posts: 539 Status: Offline |
I certainly respect all of you, but let's get real here for a minute....what exactly are your real issues with Oceanside Wealth? First, as Broker has stated several times, the "product" is access to this managed forex account as well as weekly webinars and forex trainings. This is what the $60/month is for. Whether *you* see value in that or not is subjective, just as whether people see value in spending $XXX per monthly autoship for nutritional supplements, or internet marketing training. So what if they pay commissions on this? When did that become an issue in network marketing? Second, some of the talk about "getting in early to make all the money while the late are screwed", etc., is just the same jibberish that the anti-mlm crowd preaches. I'm honestly surprised to see any of you all saying. There are plenty of "matrix" structured compensation plans, just as there are plenty of "binary" compensation plans (which in my mind is kinda like a matrix split down the middle :), and himalayn hybrids(?) and uni-levels, and blah blah blah.....this is nothing new. With all honesty, my interest in FOREX has been rising to the point where I was ready to really do some research, learn about it, and figure out how I was going invest/play. There is certainly nothing "illegal or unethical" about forex trading, is there? So my main interest was in accessing Oceanside Wealth's managed trading account. For $60, i can invest and have a professional trading platform handle what would take me years of study to learn? OK, sounded good. If they can average a 10% monthly return, and I invest $1000, then I'll be covering my "product costs" with the interest earned and compounding the rest monthly. Sounds a HELL of a lot better than my 401k which is at -8% YTD  Then I started learning about the "opportunity" side of Oceanside Wealth....fill up first two levels (6 people total) and my monthly fee is gone (well, it's still there just covered by earnings). Now i can have access to the forex platform for FREE. Build out a few more levels, and I can start earning some extra commissions and maybe some matching bonuses from my personally sponsored members' matrix earnings. Okay, even better! But seriously -- what part of this equation is so out of line that it attracts this negative attention? I'm seriously asking....because I just don't see it. They are NOT promising returns of any kind. If the forex trades at breakeven, then your forex account goes nowhere. If they lose 15%, your forex account loses 15%. If they gain 25%, your forex account gains 25%. The "mlm earnings" from the compensation plan are different and separate from your forex account earnings. Your "mlm earnings" are generated through the sale of the product/service. Your forex/investment earnings (or losses) are generated through real forex trading. From my understanding so far - they are not paying out commissions from the forex accounts, so its performance (part of the product, which I certainly hope it is as good as anticipated) is irrelevant to them being able to pay referral commissions earned through the mlm plan. Again, I'm not trying to be mister know-it-all, because I'm not. Certainly not with forex investing. But I'm just trying to figure out where all the negativity comes from. Sure - a lot of people are [maybe overly]excited right now about being "first movers" and "early birds" to the business opportunity of this - but please tell me when that has NOT been the case when a new network marketing company launches. The actual product will still retain its value for the 100,000th person who joins. Meaning, people that join next year are certainly not "left holding the bag" when they could potentially be earning 10+% monthly, and most certainly still have the opportunity to build out their own 2x10 matrix. This looks like a product/service that has TRUE VALUE WITHOUT A COMP PLAN....which is not something that can be said about a lot of network marketing companies. I mean, we've ALL seen hype to various degrees about a LOT of differeng programs - some of them are powerhouse companies (represented by members here) and some fizzle for different reasons (promoted by members here) - but what's so different about this? This post got WAY longer than anticipated...sorry. David
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Zoe
Advanced Member USA Joined: Oct 28, 2006 Posts: 421 Status: Offline |
David- Yes, it is only $60 and your get some sort of Forex training in return. That's not much money and, if you learn something, then it's probably money well spent. I've been doing some looking around (I'm currently somewhat housebound and very limited on what physical activities I can do so basically am bored). I ran across someone's personal OW page that specifically said something about getting in early if you want to make the most money. I found the asamonitor.com site and saw mentioned a few times that all money from the matric goes to funding the trading account. It was also mentioned that any money put in must stay there for 12 months. To me, that means, even if you fill up your matrix to the $39,000 level, you won't get that $39,000 for one year. Now it doesn't say anything about profits - so I am guessing that if the fund makes 10% on month you can draw out that amount???????? So if I have this right, people put in at least $60 into OW (that's assuming they fill their matrix enough so they don't have to pay the monthly fee beyond the first month). They spend time and money to build websites, market, tell everyone they know and yet probably won't get their hands on the bulk of the money they earn for 1 year? And that's if the fund doesn't lose money or go belly up. Please, someone, tell me I am understanding this all wrong. Z |
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David_Cutter
Advanced Member USA Joined: Apr 5, 2005 Posts: 539 Status: Offline |
I would agree here - plus not only do you get education, you actually get ACCESS to their trading platform through your own account, managed by them.
I'm not doubting that you saw this, as is always the case in a prelaunch. This should NOT be how it is positioned - but this type of marketing message does tend to get out when new companies launch. I'm not trying to discredit someone else (whoever's page that is), but this is not the style of marketing that should EVER be done, and none of the leaders would say otherwise. BUT....that being said....as much as I would disagree with that approach....that is not unique to this prelaunch relative to other mlm's.
They have not released the final details of the comp plan yet, but here's my understanding at this point. Your INVESTMENTS (the principle - seperate from you monthly fees in increments of $100) are to remain in your forex account for 12 months. The interest earnings can either be compounded or cashed out montly. I'm not sure about the matrix earnings. I know the talk was that they too get rolled into the forex account. So -- assuming a full matrix (NOTE - HYPOTHETICAL EXAMPLE ONLY for illustration) and $39k monthly matrix earnings (man, that sounds delicious) -- and a 10% monthly return, month 1 cash out of $3900. Next month, your principle balance grows to $78k, 10% interest cashout of $7800. Next month your principle balance grows to $117k, 10% interest cashout of $11,700.... If that is the case, I think I can live with it. :) Perhaps Broker or someone else knows more about the comp plan - i can't keep up with all the discussions.
See above. The way I see this is you are building a true income-producing asset that could potentially start throwing off insane amounts of interest. If you want to "get rich quick" - NO network marketing company is right for you. If you're biggest concern is filling up a matrix, earning interest on that principle, and not having access to it for 12 months (even though you can most certainly still be cashing out your interest earnings), then this is not the right opportunity for you. I'm still scratching my head about why this is "off-topic" and not in the "companies" forum.?? Thanks.... David google "oceanside wealth" holla at me --edited to add-- OMG - I just googled "oceanside wealth mlm" and I OWN the top 5 results, and 6 of front page....no wonder my aweber list is blowing up :) ---------------------------------------- [Edit 1 times, last edit by David_Cutter at Jul 23, 2008 12:44:48 AM] |
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rogerb
Advanced Member  USA Joined: Jan 10, 2007 Posts: 325 Status: Offline |
Cutter is in the house. Hey haven't been here much and of all people to find here. It is amazing how people will see opp0rtunities so differently! Look forward to sharing with you when this thing gets going. Hope all is well in your world and drop me a personal email and let me know what your up to. Roger |
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jasonmyers
Advanced Member USA Joined: Jun 17, 2008 Posts: 106 Status: Offline |
Is this your first time with a HYIP? It seems like it. Or perhaps you are so blinded by the cash, you just don't care.
The "product" and qualifing matrix levels were added just so it was compliant with MLM type laws. It just adds to the smoke screen and adds fuel to the money shifting process.
Why are you surprised?!? That is the nature of HYIP. Get in... make your money... get out... move to the next....
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jasonmyers
Advanced Member USA Joined: Jun 17, 2008 Posts: 106 Status: Offline |
I should add that I will no doubt join this one to make some nice cash. I'm kinda addicted to HYIP's. But I DON"T recruit people into them (unless they ask me). The mind is just too easy to "guide" into places. |
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David_Cutter
Advanced Member USA Joined: Apr 5, 2005 Posts: 539 Status: Offline |
We don't know each other, and you may have been trying to be funny, but please don't try to discredit me and what I care about.
I'm sorry to see this is how you feel, but from what I can tell they are doing what needs to be done to ensure compliance...what smart company wouldn't? "Money shifting process"? I am not following you.
Again, I'm sorry to see this is how you really feel. I'm not looking to "get in, get out, and move on." I was originally just looking for an investment vehicle in the forex market - something that was of great interest to me prior to my knowledge of Oceanside Wealth. When having access to the managed trading accounts was presented, I wanted in. When I found out there was a business attached to it, I wanted in. Assuming this all shakes out like I hope (meaning the company and product/service is as solid as it seems) then I certainly don't plan on just moving on the next deal. Feel free if that's how you do business....but I've got people joining me on day 1 and I plan to work with them and continue to generate leads/referrals for all of "Team Avalanche."
The way I see it, the matrix allows people who otherwise wouldn't be able to invest money, or wouldn't be able to invest much money in their forex account (enough for the returns to cover the associated fees), to leverage their ability to earn commissions in order to grow their forex account.
I guess it just depends - but as I've stated before, I intended to ONLY make "profits" from the forex investing UNTIL I learned more about the business side of it. Does it really matter if I end up earning more from the downline commissions than I do in the forex account? Funny thing is - we may very likely end up on the same team :) How about this - I won't get mad at you if your intentions are strictly to play a "money game" --- and you don't get mad at me if my intentions are a little more "pure" than that. I'm off to generate some more traffic.... David |
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jasonmyers
Advanced Member USA Joined: Jun 17, 2008 Posts: 106 Status: Offline |
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David_Cutter
Advanced Member USA Joined: Apr 5, 2005 Posts: 539 Status: Offline |
Jason - thanks for your response. From my understanding, this is NOT the case here. The matrix earnings are completely seperate from any "interest" earnings, and are sustainable and payable regardless of the forex account performance. The "interest" is not paid to others, but rather to you, the holder of the forex account. If all the monthly trades breakeven, so 0% return, then they will NOT be paying anyone interest earnings. Therefore, they are NOT using "later money from new investors" to pay previous "investors" a guaranteed return. The return earned in the forex accounts is based on the overall performance of their forex trading ---- it has ZERO to do with "new investors" as they actually do not need any "new money" to pay out promised returns....because there are no promised returns. I think this is the big difference to so many other programs that may be out there clouding the view of what Oceanside Wealth is doing. I could be wrong on all this....but this is my understanding. Thanks again Jason for your reply - I was hoping you didn't take it wrong and find myself in a "forum duel" :) David |
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rogerb
Advanced Member USA Joined: Jan 10, 2007 Posts: 325 Status: Offline |
David: Do you know the specifics of the matrix payout? My question is do you get paid monthly on earnings within the matrix and have the ability to do what you want with that money. Obviously you would take the first $60 and apply that to your next monthly fee but what about the rest? Will you have access to this money right away or does that roll over to the forex side? Second question is do you know the payout on the matrix at the various levels as well as the recruiting requirements at the different levels. I have seen all kinds of different info. Thanks for any info you can shed or anyone else that may have the answers. Roger |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Roger, I have answered your questions on the other forum, but here they come again: 1. 1 0 2 $10 3 $$50 net ( it's actually $310 but $60 comes off for the monthly fee plus another $200 ) 4 $400 5 $80 6 $640 7 $320 8 $1,920 9 $2,560 10 $33,280 We have to wait for official recruiting qualifications. 2a. Only a portion of matrix earnings will be allowed for withdrawal - they will let us know the exact percentages allowed 2b. Your matrix earnings ( after % withdrawn if you choose) WILL be rolled over to your trading account. However, your monthly "'trading profits" can rolled over for subsequent trading or withdrawn by you with no restrictions. 2c. All "deposited" funds and monthly matrix earnings (after partial withdrawal) WILL stay in your trading account for 12 consecutive months earning you profits. Those profits can be withdrawn monthly as stated above. Hope it helps, Thomas |
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Zoe
Advanced Member USA Joined: Oct 28, 2006 Posts: 421 Status: Offline |
Ah, Wise Sage Terry. So glad you said this. I kept saying "but what happens if..." and thinking I was missing something. I wish all who join this the best, but it it seems like a house of cards to me unless the investing part somehow balances out the matrix part. Z |
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pg8595
Advanced Member  CAN Joined: Jul 6, 2005 Posts: 6278 Status: Offline |
FYI here's how you get your Forex company incorporated in Panama. Hey maybe this is even their legal representation! http://www.panamalaw.org/forex_businesses_panama.html Forex Trading Business in Panama We Accept: Payment Services By Western Union Available Call or Email for Wiring Instructions Panama Forex Business - Setting up a Forex business in Panama or anywhere else is not easy but as you read on you will see we offer fast and easy solutions using anonymous Panama Bearer Share Corporations and major banks in Latin American countries other than Panama. It is true that Forex is not licensed in Panama and this is also the case in practically any jurisdiction. You can get a Panama Stock Brokerage Firm License but the licensure involves a $400,000 deposit plus other things including passing difficult licensure tests. The people working in the firm would then need to have Panama Stock Broker licenses, which again involves passing a rigorous test. Time frames required to set this up can be approaching one year. Several trips to Panama would be required. This of course gives you credibility but what you will find is many of the banks in Panama will still not open an account for a licensed stockbroker. The major problem is getting the bank account where you can receive funds from the clients. The banks in the offshore jurisdictions are worried that if you get sued by a client, which is not a rare occurrence in the Forex industry, the client will also name the bank as a defendant in the suit. The bank will need to defend the action and if they win the legal expenses will far outweigh any profits made from you. This is the real issue that the bank will often not discuss with you. Offshore Forex Solution – What is done is we form an anonymous Panama Bearer Share Corporation. We usually have aged shelf corporations available for those of you in a hurry. The Corporation then obtains a Panama Financial Services Corporation License. This is an official Republic of Panama License complete with seals, signatures etc. Your name does not appear on the license. This is NOT a Forex or stockbroker license. It does allow for some limited handling of third party funds under some circumstances. A bank account for the corporation is opened in a major bank located in another major Latin America country with bank secrecy and excellent privacy laws. This country does not respond to information requests for anything other than major crimes like terrorism, murder, kidnapping, blackmail and extortion. Please note that any and all tax cases are not included in this list. The bank uses major correspondent banks. When we say Major Banks we mean very major banks, not some bank you never heard of. You will be able to operate the bank account online including the launching of international wire transfers. There are English speakers at the bank. You would be able to obtain a Visa or MasterCard that also works in ATM machines worldwide with a $5,000 a day limit. The bank account can be in USD, Euros, or the local currency. Of course there is extremely strong bank secrecy and you would be using an anonymous Panama Corporation to open the bank account so no one could check the Panama Public Registry to see who the owners of the corporation are since they do not appear and the government of Panama does not even know who the owners of the corporation are. What this structure does is provide you with a Panama Financial Services Corporation License, a Panama Corporation and a Latin American operating bank account at a major bank where you will absolutely be able to receive third party funds from your clients and then send the funds on to the brokerage house. With our structure you must not operate physically in Panama. You must also sign a terms of service that states you will not operate in any jurisdiction where such activities would be considered to be operating illegally. It is your responsibility to know the laws of any jurisdiction that you are operating in. Our fee for this complete package is $25,000. This includes a Panama Bearer Share Corporation, three nominee directors, general power of attorney, translation, and first year fees to Panama Government ($300.00), resident agent, resident address, share certificates, Panama Financial Services Corporation License, bank account introduction and opening, opening of commercial trading account with the bank. The bank requires a minimum deposit of $25,000. Everything is handled by our Panama Law Firm and our affiliated Law Firm in the other country so there is attorney client privilege throughout the entire transaction. Of course questions are welcome. |
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Zoe
Advanced Member USA Joined: Oct 28, 2006 Posts: 421 Status: Offline |
Broker- Thanks - but that didn't answer my question. I don't know too much about trading but have been told that there is a difference between live trading and trading with real money. You can test using live data until the cows come home but until you actually put real money on the line, you will not know what the real results will be. Something about prices that you see on the screen may not be what you actually get. I knew someone who was a trader for several years and hooked up with a couple of former brokers. They came up with a trading system that looked great. Then they (and others they talked to) put money into it and within months it stopped working. It wasn't pretty. From what I understand all systems stop working at some point. Some do start working again after a period of time while others never do (or maybe people lost too much money and weren't willing to risk it again????). |
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Zoe
Advanced Member USA Joined: Oct 28, 2006 Posts: 421 Status: Offline |
I've been watching the discussions over at tha other board and it has been interesting (I say that in a good way). A lot of real questions and concerns are being brought up. What is the actual comp plan (seems no one has actually seen the whole thing from what I gather or, if they have, they are not answering questions), taxes, whether or not $60 is doable for some people, the fact that there are those only willing to put in an initial $60 and will drop out the next month if they don't see a profit, some acknowleging that even 10% is not guaranteed (even Broker mentioned that there was one month that was 3%) and even stating that there could be months with losses. I saw "demo" mentioned at least once so I believe my suspicions that this hads never been traded with real money may be correct (that is if the program really is real and not just made up - had to toss that out there as it is always a possiblity). It's just over 24 hours to launch time and the site is not up nor any real information from the actual company beyond payment processors seems to be available. I suspect that if nothing concrete shows up within the next few hours, there will be a third delay. People need to know exactly how this is going to really work and leaders need time to digest and explain to their teams especially as more and more questions arise as people wait. The natives are getting restless. |
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jasonmyers
Advanced Member USA Joined: Jun 17, 2008 Posts: 106 Status: Offline |
It's interesting how so many people are hung up on the matrix part of OSW. I'm only looking at the investment side of it. |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Jason, that's the only reason I even looked at Oceanside Wealth. If the trading platform doesn't deliver nice returns, matrix won't matter too much :-) I don't mean they have to be highly profitable all the time. It's always about averages. I am just afraid, many newbies in Forex trading will be expecting profits every month! In a way, it's good they lock your funds for 12 months ;-) People will get a chance to experience the true FOREX - ups and downs... Thomas PS. If anybody is interested in joining OCW, please remember you have to be prepared to pay with one of the payment processors accepted by the company: StrictPay, UGotCash, SolidTrustPay and AlertPay. If you need instructions for StrictPay (I used them personally), please contact me through the email in my profile. ---------------------------------------- [Edit 1 times, last edit by SirThomas at Jul 25, 2008 3:43:13 PM] |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Hey everyone, I have been on vacation in San Diego at Sheri Sharman's house. Wanted to take my girls to Sea World and get a much needed "couple days of rest". We're packing up and just about to head home back to the comfortable 110 degree desert that is Arizona. I just wanted to chime in here a minute and answer the matrix questions: 1. You get to cash out 20% of your matrix earnings each month. 2. The other 80% is rolled into your Forex account. 3. There is NO guarantee of return on your FOREX account so it's NOT an HYIP. (I don't participate in HYIP's). 4. I've personally spoken with their Trader, their Asset Protection Specialist and the owners of the company, and the products they offer for $60 a month are worth it. 5. I've also personally seen the backend of the FOREX account with BOTH Demo and LIVE accounts, and when I saw the starting account balance for the LIVE account and the ending balance over the course of 2 years of trading my math had their average at 14% avg returns. (Again, there are no guarantees.....that's just the average that I saw them yielding.) 6. I just spoke to JD, and their website will be up any minute. It is: oceansidewealth dot biz and not dot com. fyi. I'll be back at my computer in approx 7 hours (driving time), and then I will be pulling an all nighter answering forum questions, emails, pm's and im's. I have an increased role in the company as of now, and all of that information is contained in our private Team Forums. Kind Regards, Broker Jones |
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Zoe
Advanced Member USA Joined: Oct 28, 2006 Posts: 421 Status: Offline |
If I understand this correctly: It costs $60 every month to even participate. Then you have to come up with additional funds to go into the investment part. People are counting on the matrix to cover their monthly fee and give them money to invest. Without the matrix (if I understand correctly) it could look like this: First month pay $60 fee plus invest $600. Fund generates 10% return = $60 which pays next months fee but leaves no profit First month pay $60 fee plus invest $100. Fund generates 20% profit - = $20 and you have to come up with another $40 to cover next month's fee. First month pay $60 fee plus invest $100. Fund generates 3% profit = $3 and you have to come up with $57 to cover next month's fee. First month pay $60 fee plus invest $600. Fund generates 20% return = $120 which covers next month's fee and makes $60 profit and you hope that fund generates close to at least 10% or your profits will all go back to covering fee. Ever if the fund could consitantly make 20% month after month, the initial cost would be $60 fee plus $200 investment to break even. From what I gather $260 is not doable for a lot of people (I saw where someone has borrowed $50 just to help cover the first month fee. Basically, without the fee, you would need to come up with at least $360 (hedging your bets that the fund will produce at a 20% return the first month) without the matrix. Some people are willing to do this, but it sounds like there are even more that are not. |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Zoe, Your math is correct. If you wanted to cover your monthly fee of $60, you'd need to invest enough to accomplish that. I don't want to get into predictions of what kind of returns your investment will create, because we don't know that... But, I don't believe most people only count for the matrix to cover their $60 monthly fee. You hear about that, because those people are very vocal and hope to have their fee taken care of. I have people on my personal team that couldn't care less about the $60 fee! They just want to be able to invest having a professional company do it for them. They love it! If they could make 60% a YEAR return, they would be ecstatic. The difference is they have money to invest.a That's what separates those two groups... That's why I say, if you don't have enough funds, save enough before you join, so it makes economical sense to you! There is NOTHING wrong with waiting out. If you want and will introduce others, you can get in now, regardless whether you get some spillover or not. Join with a powerful group, learn what they do and work your rear end off :-) To Your Success, Thomas |
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Tsnyder
Advanced Member USA Joined: Oct 23, 2004 Posts: 3800 Status: Offline |
With all due respect, the people you describe shouldn't be anywhere near a FOREX trading deal. This is a volitile and speculative market. A 30% winner one day could easily be a 50% loser the next. You shouldn't put any amount in that you aren't prepared to lose 100%. Anyone relying on trading profits to pay their $60 monthly "training fee" is in the wrong game. Best to ya' Tsnyder |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
That is exactly correct, Terry! $60 monthly fee should never be any obstacle to enter FOREX trading. If it is, you should save up enough before you start or promote the opportunity to others and earn enough to justify your involvement. Or you can do both - stay out and save, and then enter and also recruit... :-) Earning money from OCW matrix is no different from earning it from anywhere else. You can choose your income streams as you wish. Thomas |
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Kryp2knight
Advanced Member USA Joined: Mar 13, 2006 Posts: 1822 Status: Offline |
Could you list WHY the professional trader/traders behind this do not belong anywhere near FOREX trading? Do you have some inside info on these guys that you can post?
Yep! Everyone knows that.
Agree 100% Never spend more on clothes than you can afford and also never spend more on toys than you can afford as well.cars,.house,etc... Pretty much a good rule for EVERYTHING.
I have two seperate accounts with Edward Jones that brought me a 2.5% and 2.8% return but I LOST money because the fees were more than my profits for the last three months. These are in low risk accounts (Money Market). It can happen even with a respected company like Edward Jones. Scott ---------------------------------------- [Edit 1 times, last edit by Kryp2knight at Jul 25, 2008 7:28:59 PM] |
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DeuceHartley
Advanced Member  USA Joined: Oct 30, 2007 Posts: 1912 Status: Offline |
This isn't even an accurate comparison. Normal money market accounts only yield between 2-4% on average. I'm sorry, but if your fees for your money market account are higher than the yield, I'd personally move my money elsewhere. I have a no-load mutual fund that I opened about 7 years ago that has yielded no less than a 14% return every single year. I have no issues with people putting their money anywhere they want. Heck...put it in the ground for all I care. (Please leave a detailed map with an "X" marking the spot should you choose to bury your money.) It saddens me to see people say they can't get high returns on their money though. They just aren't looking hard enough or talking to the right people. Deuce |
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BillMarler
Advanced Member USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
So true Terry, there are many ways to get high returns and forex is one with the right program (trader) Bill |
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Kryp2knight
Advanced Member USA Joined: Mar 13, 2006 Posts: 1822 Status: Offline |
I tend to agree. I was just giving an example on how a "safe" investment lost me money. Yes FOREX is volitile, nobody denies that. I wanted in on oil at $70 barrel. I instead listened to the Edward Jones guy and went with the money market. In all fairness the MM was at 6% when I invested, but I sure wish I would have listened to my gut instead of the "professional" FYI: Oil closed at $123.26 today.  ---------------------------------------- [Edit 1 times, last edit by Kryp2knight at Jul 26, 2008 6:39:41 AM] |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Scott, I think Terry was responding to Zoe regarding people who can't afford to spend $60 for a monthly fee... and yet looked into FOREX trading. Thomas |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Hey guys, The site is LIVE, Less than 18 hours to official launch! contact me for the url Thomas ---------------------------------------- [Edit 1 times, last edit by moderator1 at Jul 28, 2008 4:16:35 PM] |
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evrydywlth
Advanced Member  USA Joined: Dec 20, 2004 Posts: 469 Status: Offline |
I don't see any info about the product. Manny |
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mypowermall123
Advanced Member  USA Joined: Apr 21, 2007 Posts: 470 Status: Offline |
I like the idea of a managed forex account but I worry about what happens to my money if owb goes out of business... I would feel more comfortable with a program like freedom rocks - they have been around for a few years and if they did happen to go out of business they have no way to touch your forex account... It will be interesting to see how this developes, though - If I knew I could get 3%/mo on my money (without the risk of the company splitting with my cash) I'd be thrilled |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
I know exactly how you feel. There is always a possibility of losing when your money is someone else's hands and they go out of business. That can happen with any fund... When it comes to freedom Rocks, they don't trade your money, you do. And there is nothing wrong with that. As a matter of fact, many of us have our own accounts with forex brokers. But you don't need Freedom Rocks or any other program to do that. When it comes to safety and that they have "NO way to touch our money", how about the safety with having funds at the brokers account...? Do you remember Refco disaster/bankruptcy? People's money got wiped out at instant! We know some people who lost $150,000 from their account! And Refco was the largest broker in the world at that time! You can probably still read about it on the net. I've heard it was the largest "cash deposit" bankruptcy/fraud case in the US history... Anyways, you're right. Everyone should know the risks before they move ahead. It's risk vs. reward scenario. Thomas ---------------------------------------- [Edit 1 times, last edit by SirThomas at Jul 26, 2008 12:32:58 AM] |
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Tsnyder
Advanced Member USA Joined: Oct 23, 2004 Posts: 3800 Status: Offline |
You need to re-read my post. Zoe was describing participants who may have to rely on trading profits to pay their $60 monthly near a Forex trading deal. Never play with money you can't afford to lose. Best to ya' Tsnyder |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Read the information on the front page, and then click the link that says "read more" and the product(s) will be explained to you. Broker PS-- Not sleeping tonight. |
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jamie22
Advanced Member USA Joined: Sep 14, 2007 Posts: 1890 Status: Offline |
LOL.... here.. |
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Kryp2knight
Advanced Member USA Joined: Mar 13, 2006 Posts: 1822 Status: Offline |
My opologies T, I have not had much sleep lately. |
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Zoe
Advanced Member USA Joined: Oct 28, 2006 Posts: 421 Status: Offline |
About 30 minutes to launch and the site isn't complete and the comp plan is apparantly not exactly as everyone thought (can't tell if it is a bad thing or a good thing - I think it's supposed to be good in the long run). (shaking head) I truly wish you all the best of luck and hope that it works out for you. I'm off to get ready to head out to meet up with some friends for some much needed retail therapy at a store I saw just opened when I passed it on my way to the hospital a couple of weeks ago. Then it's off to a little cafe for coffee and pastries. This will be my first actual social venture out since surgery and I so need it. |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Steve, please send me an email, your mailbox is full Thomas |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
The launch is postponed till August 3, 2008 (Sunday). More time to discuss the program, websites up :-) Thomas |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Steve, please empty your email box please, i want share something with you today.. Thomas |
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Zoe
Advanced Member USA Joined: Oct 28, 2006 Posts: 421 Status: Offline |
Wow! Couldn't sleep so decided to bop around the net for a few. Seems to be some sort of secret launch that even Jake didn't know about. Someone has some 'splaining to do, Lucy. Hope no one quit their day job thinking they were going to be on easy street soon as this isn't boding very well based on the reactions. |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
Actually, over 1,000 people in 5 hours :-) I wouldn't worry about it... Thomas |
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Wendy
Advanced Member CAN Joined: Aug 21, 2005 Posts: 3480 Status: Offline |
Are you part of the team that was apparently allowed a secret launch, Sir Thomas? If so, was the launch one of integrity, and why so? http://www.asamonitor.com/forum/index.php?s=2d50db1f0ffa8c8b55fb8d70a48577e9&showtopic=10572 ---------------------------------------- [Edit 1 times, last edit by Wendy at Jul 28, 2008 1:49:20 PM] |
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jasonmyers
Advanced Member USA Joined: Jun 17, 2008 Posts: 106 Status: Offline |
Basically, there are two sides to this story. Both sides think the other side is lying. OSW has decided to side with Team Avalanche.... so that should say something perhaps.... |
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Wendy
Advanced Member CAN Joined: Aug 21, 2005 Posts: 3480 Status: Offline |
Help me out, Jason, please ... What does it say? |
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mypowermall123
Advanced Member USA Joined: Apr 21, 2007 Posts: 470 Status: Offline |
I don't think Team Avalanche was the only team allowed to take part in this exclusive pre entry - I got an email yesterday from Pierre Chuong (of Perfect Wealth Formula fame) that stated I could join in a "private launch"... I don't know what that says for the company and I don't know who the "other side" is (who wasn't allowed to participate in the pre pre launch); I just hope it works out for everyone - If OWB can deliver a consistent average monthly return of 3% or higher and they don't fold up shop and take everyone's investment then it will be a good opportunity for everyone - even those that didn't get in during the special launch...I could be wrong but I doubt that many of those who joined during this special launch benefited much from spill over, which I think was the the motivational force driving everyone to stay by their computers all day yesterday hitting refresh time after time till the system let them in, but like I say, if the company delivers then the spillover or lack of it won't be a big deal; 3% monthly returns would be huge in itself - I wish everyone luck... |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
Hey everyone, I'm sorry that I couldn't address this sooner. While I'm absolutely not interested in the drama of this whole thing, I think the fact that the OCW admins.......cut Jake out of the loop after the fiasco him and his buddy Ken Russo displayed on Saturday (They literally tried to cheat their way in with 300+ people) speaks volumes for itself. Ask yourself this question. Why would the OCW admins decide that Jake and Ken's teams of 2000 or so people were not worth it? To me...they turned $$ away, to preserve integrity. Below is the copy and paste of my official thoughts on this, and you may take it for what it is. I have posted this in our Official: Team Avalanche forums, and I'd like you all to it, but the Admins at MLM.com have fits when I post links. So here goes: Unfortunately I don't have time to get into a long debate nor discussion, so just read it, and you can make the choice to agree with my assessment or disregard it. I've got far too much to do over in my "cave" Hey everyone, I know that for the most part we as a team don't care too much about the drama at ASA, and that in just 7 hours last night, and by the time I had gone to bed at 3am my time we had close to 1,000 members in the program. That still leaves room for 3,000 more inside the companywide forced matrix. This is exactly how I feel regarding the ASA issue, and the circus that they are running over there. After this post, I'm really not interested in some giant mudslinging battle or anything else. I've caught Jake from ASA in so many lies lately I can't begin to tell them all to you. First he gave his link out to 3 people...then it was 12....then it was noonne and people "hacked his account". Then it was...he didn't tell people not to sign up early.......then it was he told them explicitly not to sign up early. He told us he wasn't drunk that night. He told me he hadn't drank for 3 years. He told JD he hadn't drank for 1 year. He told JD he was a rich man and didn't need the money in this company and that he sold his Ferrarri yesterday, and then that same day he told me that he had a Ferrarri and sold his Mazarati. The truth is that in regards to Jake, I had given him "3 years of the benefit of the doubt", and after the proceedings that took place on Saturday he had burnt his last straw of credibility with me. I can no longer trust or believe anything that he says, and it's pretty clear that he ruined his trust with the admins at Oceanside. Below is my copy and paste of a reply to Coachb, a member of our forums. It is a further explanation of why Team Avalanche was chosen to do the Stress Test and not Jake and Ken Russo. Hey Coachb, I appreciate you staying with the team, and I feel you are making the smart move here. I definitely appreciate your kind words. In the defense of OCW I'd just like to say a few things from my perspective. 1. OCW attempted a well announced launch, and what happened was that Ken Russo shared his entire link with his team 12 hours before launch and had 300+ people flood into the program before anyone else. It's interesting to me that when he was blatantly cheating the system he was happy. Allow me to copy and paste his comments on skype to Wanrou a moderator of ASA. [7/26/2008 5:55:31 AM] wanrou says: OK, I heard nothing from Jake [7/26/2008 5:55:56 AM] wanrou says: and Ken has sent his link to his team [7/26/2008 5:58:34 AM] Justin Jones says: yes....Ken and Jake are in jeapordy of being deleted [7/26/2008 5:58:42 AM] Justin Jones says: people just couldnt shut up. [7/26/2008 5:59:33 AM] wanrou says: I am lost now, nothing was I expected [7/26/2008 6:00:01 AM] Justin Jones says: ....why? noone could follow the plans...everyone is talking stupid stuff on ASA [7/26/2008 6:00:42 AM] wanrou says: yes, they are stupid, they want OW follow what they suggested [7/26/2008 6:01:05 AM] wanrou says: and Ken told us to give him a break since we didn't make suggestions [7/26/2008 6:01:53 AM] Justin Jones says: wow [7/26/2008 6:01:59 AM] wanrou says: and now he is jumping the gun So on the official launch date that was given a 7 day notice. Ken Russo behaved.....poorly and he abused the trust that JD and the admins put into him and he attempted to treat the system. So can you blame OCW when today their programmers asked them to do a Stress Test on the servers that they chose to do it with Team Avalanche only and NOT with the exploiting ASA crowd lead by Jake and Ken Russo? Now....I also have a 30 minute Video recorded of Jake threatening to "end me" to "finish me" and calling Oceanside the "most disorganized piece of crap" he's ever seen. Yet the disaster.....came from him and Ken Russo thinking that they could bully these admins around and give their links out 12 hours in advance. On the official launch day. Not ONE member of Team Avalanche jumped the gun and our leaders knew well in advance what my link was going to be. We were professionals. We didn't cheat. --- In other words we were the only team that Oceanside could trust to run their Stress Test, and you know when the Programmers told us.....well if the Stress Test goes well we need people to start signing up so that we can test the backoffice too. Don't you think maybe Team Avalanche as the ONLY team who didn't try to abuse the system on the official launch might be the team that the Admins were looking at? --- Now what I do apologize for, is that the only warning I was able to give was a 24 hour advance notice that we were having a BIG update. I could not come out and say "Stress Test & Launch" because it was evident that we had people on this forum who would go and copy and paste everything I wrote....and the admins no longer had trust for the same two guys who had given our their link to 300+ people when they were specifically asked not to. Right now we've had 7 hours of launch time. The first 3 hours were plagued with bugs and people were having all sorts of issues getting in, so we've literally only had 4 hours of smooth sign ups and log ins. With only 4 hours of smooth sign ups and it being late at night, we have over 800 members. I'm betting we'll be approaching 2,000 members by the end of tomorrow night. Vlane took a year and a half to get 8500 members. Well, I've said my piece. There's a lot more to the story, but I think this is enough for now on the reasons why the Stress Test & Launch were handled they way they were today, and I can only say that in my opinion integrity was preserved. Jake and Ken Russo really left the admins with little choice as to who they could trust and not trust. At Your Service, Broker It all boils down to this. In life, whether it be professional or personal. You reap what you sow. If you were the Admin of what would most likely end up being a billion dollar enterprise. Would you trust a team of people who had tried to exploit your system/rules the night before a launch that was announced 7 days in advance? Or when your programmers said that you MUST do a live stress test and have sign ups into the backoffice so that we can diagnose these servers.......would you choose the team of professionals that had acted patiently the night before your official launch, who had acted with class and maturity, and who upheld the highest integrity? Our team was selected in my opinion. Because we had earned the respect of the Admins. And respect is earned......not given. I could.......post a 30 minute Youtube Video of Jake being caught in 100 lies about his involvement with everything. I could post the real dirt on Ken Russo and Shad Foss (ASEYE). But the above words express my views. And with that. I'm washing my hands of the ASA fiasco, and it is time for us to move forward. We have the talent, the expertise, and the foundation to achieve all of our dreams within Oceanside Wealth. We are Team Avalanche, and the path before us. Is Golden. I am thankful for each and everyone of you, and I am willing to walk the extra mile to serve you. Kind Regards, Broker Jones PS --- When I was alerted to all of the shinanigans going on over at ASA this morning, I went to log in to check on it for myself. I have been Banned from ASA with no reason given, and I made no posts over there yesterday. (Please read between the lines on why they wouldn't want me posting my collective thoughts. ) |
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jamie22
Advanced Member USA Joined: Sep 14, 2007 Posts: 1890 Status: Offline |
I don't care too much for the rest of the crap.. but... A stress test on a server that is expecting ONLY a few thousand sign-ups.. damn that's poor..... If they haven't a server that could cope with such a small influx of registrations.... they haven't a chance of coping themselves Jamie |
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BillMarler
Advanced Member USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
Jamie, I agree with the programming. One would hope the programmers get the toss, I think they sold a good group a bag of goods. But things seem to be working now Bill |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
While I agree the launch was erm......painful. They are working with me all day long on MSN messenger today and they have been extremely accomodating in getting things done that our members requested. Things are looking solid. Broker |
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BillMarler
Advanced Member USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
i would agree |
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strikerzebra
Newbie
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yep it is great to see that things on the site are slowly coming alive, things that didnt work now work and it is all coming together nicely :D |
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BillMarler
Advanced Member USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
Did u see who the # 1 recruiter is ? |
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thebrokerjones
Advanced Member USA Joined: Mar 23, 2007 Posts: 941 Status: Offline |
The number 1 Recruiter is: 1. Detailshere The Number 2 recruiter is: 2. brokerjones4532 AND.........the number 3 recruiter is.......some dude named: 3. bmarler This is the treatment you get for BUZZ'ing my face off all the time on Yahoo! Broker |
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BillMarler
Advanced Member USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
u can run but u can't hide |
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strikerzebra
Newbie
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I am Detailshere..... ok I wish |
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BillMarler
Advanced Member USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
who ever it is, is one special person |
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DowntheMiddle
Advanced Member
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Great for you Guys |
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jamie22
Advanced Member USA Joined: Sep 14, 2007 Posts: 1890 Status: Offline |
Detailshere has his name hidden because of the negative publicity associated with this program Jay |
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SirThomas
Advanced Member USA Joined: Oct 24, 2004 Posts: 1787 Status: Offline |
No, it's to make sure that when he hits $40k a month (August), his "other" greedy company won't kick out... :-) |
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BillMarler
Advanced Member USA Joined: Aug 14, 2007 Posts: 2527 Status: Offline |
I can't find one company that one member is promoting here that does not have negative publicity. Have you ever googled Liberty League? And there are many successful good people working it. Bill |
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jamie22
Advanced Member USA Joined: Sep 14, 2007 Posts: 1890 Status: Offline |
Yep... that's true.... |
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Zoe
Advanced Member USA Joined: Oct 28, 2006 Posts: 421 Status: Offline |
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