Ad-Ventures4U Update
#2 for Friday, August 28, 2009
Wow - what a crazy
day this has been!
This last email
update he sent out was very
interesting and seems to imply that
the revenue share is not over?
Let me go through his
email line-by-line for everyone.
(I'm going to forgive any
misspellings and not even bother
pointing them out. We all know
Steve's style.)
- He said
"I have not done anything
with the earnings, only done
cashouts that members
requested from the
beginning." Quite honestly,
this is ambiguous even to
me. One interpretation I
have is that when he said "I
have not done anything with
the earnings..." I think he
might be saying "I have
never "ran off" with your
money, I have always paid
the members just as
promised." I think
that's what he is saying.
- He said
"I have never missed a
payout and if you all let me
I will make sure all of you
get your revenue share to
the ones that is not in
profit already." Speaking
as someone who has been in
Ad-Ventures4U since Day 1,
the former part of his
statement is absolutely
true. I have never seen a
program of this kind handle
payouts so efficiently!
Regarding the latter part of
his statement, it seems
obvious to me that he is
telling people to BACK
OFF and let him do what
he has done all along. The
primary concern is to get
all the existing members in
profit mode.
- He said
"Please give me at least the
respect that I have been
here and have paid out every
single time." I agree with
Steve on this point, but I
would also suggest that he
get on the phone with me so
that we can clarify all this
once and for all. His emails
today have scared a lot of
people, confused a lot of
people, and made many others
take a "Hahaha - I told you
it was a scam." type of
attitude. Steve ... dude -
I'm here for you man. Let's
clear this up with a simple
phone call. You and me,
one-on-one ... recorded and
sent to the members. Done
and done. Or at the very
least - let me write your
updates for you ... we love
you man, but you suck at
getting your point across in
email. :)
- He said
"You think I am doing this
because I am a scammer?
Think again, I am doing this
because I cannot control the
issues of hackers, scammers
and the threats." Well,
regarding the former part of
that statement, I believe
the vast majority of
Ad-Ventures4U members do NOT
think you're a scammer, but
with all the ambiguity in
these emails, it is natural
that some people are going
to jump to that conclusion.
- He said
"If you give me the chance I
will payout the earnings
this week to all the members
and I will make sure I use
my portion of the gold to
continue to payout." I don't
feel any comment is needed
here. This line is actually
quite comprehensible on its
own.
- He said
"I am still here and have
not gone anywhere. The site
says and always has said the
there is no quarentee of any
income." Regarding the
former statement, I for one
appreciate these updates ...
it proves that he is right.
He hasn't gone anywhere and
is still communicating with
us. I've always said that
when an admin "goes quiet",
that's when it's time to
worry. Regarding the latter
comment, that is true and
anyone who has been
responsible in their
sponsoring efforts will have
always told their prospects
that earnings are not
guaranteed.
- He said
"It also said that we have
the right to change the
program at any time." That's
a point that I never
bothered to notice myself,
but it's common. Most
businesses have a CYA clause
that allows them to adjust
the terms & conditions at
will.
- He said
"Now with that said let me
do my job and revenue share
all the remaining share back
to you." Another point that
doesn't really need any
clarification. He's
reiterating that he would
like everyone to quit
freaking out and let him get
back to work. Easier said
than done in light of the
"terrifying" email that
landed in our Inbox this
morning.
This next part is
really interesting:
Did you
know people are still
buying advertisement in
our site and all that
will be continued to be
paid out.
THis is not dead,
we are not going
anywhere. We are just
changing and
getting away from the
revenue share for new
members only. And
we will continue to
share. Maybe some don't
understand, we just are
not sharing revenue
weekly.
We will share until the
cows come home just with
not new members.
please understand.
Ah-ha! According
to that paragraph, the revenue
share will continue for existing
members. If I read that
correctly, they are closing the
doors toward new membership. If
that is correct, that is 100% in
line with an email that Steve
sent on August 11th where he
said "We are here to stay and I
would highly suggest you get
yourself leverage while the opp
is here. (hint)"
That "(hint)"
caused quite a few questions to
be raised. What was he hinting
at? Well, I asked Steve in an
email what he meant by that. I
said:
Hint?
Hmm... going to close
down the option to buy
ventures?
He replied
back to me with:
I replied
back to him with:
Right
... I was just
trying to guess what
you meant by "hint"
You said to leverage
ourselves while the
opp (which I assume
means opportunity)
is still
here.
To me, that
insinuates that the
opportunity [to
leverage ourselves]
won't always be
there.
I was just trying to
apply logic and
reason to read
between the lines.
After all ... you
baited us by saying
(hint) :)
Steve replied
back with:
I
don't want it to get
out but I may one
day shut off the
purchasing of
ventures and just
rely on the gold to
pay us. If
cash4gold can buy
quarter of a million
every three months,
we would just need
a small % of that to
continue to earn
what we need to keep
us a float.
Although I will
never turn off the
earnings for
ventures until we
reach that point.
Hope this helps
Well -
now it's "out" -
clearly, so I feel
comfortable sharing that
private email
communication with
everyone. I think if
Steve had communicated
this point more clearly
earlier on, today's
insanity would not have
ensued. (But then, what
fun would there be in
that? Trust me - I'm
joking by that last
remark.)
Continuing on with the
final paragraph of the
email he just sent. He
said:
Members are pushing
the payment
proccessors and I am
trying my best to
keep them alive.
Please the cashout
button will be on
the site soon and
you will earn. So
please hang in there
for me. I am still
here and you are
here.
THis is not over
and I will do my
best.
In
closing, I would
like to say that
people are welcome
to share this update
with whomever you
like. I am already
getting viciously
attacked, thrown
under the bus,
yelled at, accused,
etc... and I'm not
even the owner of
the program! So I
can't even imagine
what kind of flack
Steve is getting.
But I
am providing these
updates to HELP
people. I will
endure the personal
attacks because I
believe my updates
are useful and
informative.
Ad-Ventures4U Update #1
for Friday, August 28, 2009
What a way to start
the day. I was up very late (which is
not uncommon for me), so I only went to
bed a couple of hours ago. At 9:44am my
phone rang. Having only been in bed for
an hour or so at that point, I ignored
the call. At 10:09am, my phone rang
again. I ignored it. At 10:17am, my
phone rang again, and again, and again,
and again...
I knew something was up.
I had to drag my head out
of the daze ... you know that feeling
you have when you've just been pulled
out of a deep sleep after only resting
for a short time.
I checked my computer and
quickly saw the reason for all the phone
calls.
I got the same email that
everyone else got - and I am every bit
as floored as everyone else. (Probably
even more so.)
I believe the email is
genuine. The style of writing is similar
to emails we've received from Steve in
the past. (i.e. Spelling errors, tone,
flow of the email, etc...)
Many people have told me
they do not understand what he said. I
have gone through the email very
carefully and it seems pretty clear to
me.
-
Ad-Ventures4U, as a revenue
sharing platform, is over.
That's the bottom line. Steve
said in the email that he and
his family are being threatened
and this whole thing is just not
worth it to him. He said "I
really really wanted to continue
but with the current events with
the scammers and the hackers and
the attacks to the site
I just cannot continue the
revenue sharing portion of the
program."
- If you were
in profit, you will not receive
any future earnings no matter
how many ventures you have. He
said "All
members that have cashed out out
revenue and is in profit
you will be able to keep your
purchased ventures and use the
product that you have purchased
but will NOT Share in
this last Revenue Share."
- Anyone who
was not in profit will have the
opportunity to cash out one
final time. He said "The
remaider of the members will be
invovled in this last revenue
share and will have the opp to
request a cashout and share in
our Revenue. We have
enough revenue to make this
worth your wild to collect on."
(Typical spelling errors here.
Remainder is misspelled as
"remaider", involved is
misspelled as "invovled", the
common term "worth your while"
(meaning it is worth your time)
is written by Steve as "worth
your wild" which is incorrect,
but typical of his style.)
- The site,
Ad-Ventures4U.com will continue
on as an advertising vehicle and
they will be introducing more
"products." He said "The
site will continue to grow
and we have a great place to
advertise and you will see allot
more products to purchase. We
are better than traffic swarm
and we are listed on google as
number one." (He should have
said "...you will see a lot more
products..." The word "allot"
is a form of allotted or
allocating, it means to
distribute between or among.
Again, this misuse of grammar is
typical of Steve. I am not
picking on the guy. I am just
saying that I believe the email
is genuine because these are
common mistakes he makes.)
- Steve
reiterated the point that people
are threatening him and his
family and this is the reason
for his decision to discontinue
the revenue share. He said "We
have been threatened and
my family is more important to
me than most will know. We Never
ever said the revenue share was
a set % and inorder to move
other income forward I made a
decision that put my family in
danger and I will not tolerate
that." (Small typo in that
sentence. "inorder" would be "in
order", but he probably just
missed the space bar by
accident.)
- Steve
mentions that basically the
psychopaths have gotten the
better of him. He said "99% of
the members understood where we
were going
but the small % that I am scared
of I just cannot risk
because we really are who we
said we are and we really did
intend to move us into the
future."
- Processing
the current cash outs are their
primary priority right now. He
said "We will not be answering
scary support or answering the
phone anymore until we have
completed the cashout
requests." (This is kind of
amusing from a grammatical point
of view because it indicates
that they will resume answering
scary support tickets and
answering the phone after
they've completed the cash outs.
However, I know that was not
what he intended to say.)
- The Gold Site
will go forward as planned. He
said "The
gold site will continue
and we do have a referral
commission program."
- Anyone who
has mailed in a check, money
order, or cash which is in
transit will have their funds
returned. He said "All
upgrades from this point that
has been sent thru the mail will
be returned to the sender."
- As stated in
point #1, the revenue share is
over as soon as they are done
processing cash outs for this
final week. He said "Once
the Revenue Share is complete
that will be the final one
and all earnings will have been
paid out and we will end our
Revenue Share portion of the
site."
- They will
process cash outs as long as
they can, but if members file
complaints with the payment
processors, the Ad-Ventures4U
payment processor accounts will
be frozen by the payment
processors, and Ad-Ventures4U
will lose control of their
accounts and will not be able to
process those payments. He said
"We cannot control the Members
so please give us to Aug 4th to
process all payments because if
members complain to the payment
proccessors and they Freeze our
accounts..." (Since August 4th
was 24 days ago, we'll assume he
met September 4th. The word
processors is misspelled as
"proccessors")
- Communication
will continue. He said "I
will continue to communicate
until the proccess is over
so that you will not have to
worry that I am not going to do
what I said I was going to do."
(The word process is misspelled
as "proccess")
So there you have it.
I've analyzed this email he sent
very carefully and have given you my
interpretation as best I can.
In a follow up email
from Steve, he clarified a major
point that a lot of people were very
concerned about. He said "...we
will also be sharing the revenue
from the gold site until the all
members are in profit." In
other words, if you purchased 1,000
ventures and have thus far only
earned $100 in return, Steve will
use profits from the Gold Site to
get your other $900 back to you.
Steve then went on to
remind everyone that if they
complain to the payment processors,
the payment processors WILL
freeze the Ad-Ventures4U accounts.
If that happens, Ad-Ventures4U will
have no way to pay you. He said
"Reminder
if the payment proccessor get frozen
we cannot be held responsible
for the earnings any longer." (The
word processor is misspelled as
"proccessor")
Unfortunately I have
seen this kind of thing in the
distant past. I suspect people will
complain to all the payment
processors and Ad-Ventures4U will
lose control of their accounts
within a few days. I hope I'm wrong,
but I've seen it happen before.
As I said before,
this is all as much of a shock to me
as it is to everyone else. I've been
in communication with Steve over the
past many months and could not have
seen this coming based on my
conversations with him over the
phone. Many of you were on the
conference call with Steve 2 weeks
ago to this day - and we all know
that at that time, he was in full
support of Ad-Ventures4U's future.
Steve has been very
transparent with the members. Rather
than hiding his identity like so
many other admins do, his phone #
and information have always been
available. This helped many of us
believe that he "had nothing to
hide", but he seems to feel that his
level of transparency has
jeopardized the safety of his
family.
Obviously this is a
lot to take in. My phone is ringing
constantly and emails are pouring in
faster than I can keep up. So please
understand I probably will not be
able to take your call or reply to
your email. I am putting out this
email to
my entire list so that I can
communicate with as many people as
possible.
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