THE JOY LUCK CLUB

Summary ASD call with Andy 08-26-08

 
Tonight on the call Andy started with a note of appreciation 
for all the support, letters and emails he and Faye get on 
a daily basis. Then he spent time responding to some of the
'less than flattering' insinuations and allegations made by the
U.S. Attorney General in the 'Motion of Opposition'.
 
He said he did expect them to respond with opposition to the
motion, but he didn't expect them to lie and use half-truths to
try to make their case.
 
AG - Andy told us he modeled ASD after the 12dailypro
    company.
Andy - That statement was a big fat lie, I never said that.
    The investigator asked me if I was a part of 12dailypro and I
    told him "no". Then he asked how I designed the ASD program?
    And I told him I had a website and was learning about the
    Internet  for almost 2 1/2 years ago and I started putting the website
    on traffic exchanges. That is where people can go in and become
    free members and put up websites, look at others websites, and
    receive credit for doing so.
    I experimented with it and it worked out good. So I started to
    think -  this is a real good business model and if we designed it so
    we paid members for looking at websites based on maybe 50%
    of the sales, then a lot more people would get involved and build
    a loyal group of advertisers.
     
   Andy Noted:  When he said that he wanted to ask me questions
    I told him I did NOT want to answer questions without an Attorney.
    He replied that IF I was running a legitimate business I would
    answer his questions now, and if I was not, then I would want to
    wait for an Attorney. Since I KNEW I was running a legitimate
    business, I talked freely to them.
 
    I see now how the investigator tricked me into answering questions
    and they were not recorded, so he could interpret my answers
    later and say I said whatever he chose. 
 
AG - Hinted that the account in Antigua was to siphon money off of
    the accounts and put them off shore. 
Andy - They knew that is where our Credit Card processing Bank was.
    We had to go offshore to get a processor to handle the CC's. We
    even had to put up a 500,000 dollar deposit in the bank of Antigua
    before they would even start processing for us. We processed a little
    over one million dollars in credit cards and we NEVER touched the
    money, it is still sitting there.
 
AG - Hinted that Andy was taking huge chunks of money in rebates.
Andy - My total rebates for the past year has been about 54,000 dollars.
    We have members making more than that in a month, and that is what I
    made in about a year. My salary for the past year has been about
    55,000 dollars.
 
    The company was making a good profit and I was not taking the money
    out, I was letting it accumulate so that we could get into other businesses
    and create other income streams. For example the T.V. Commercials
    with Gary.
 
AG - Said that my representation of meeting with and hiring SEC
    Attorneys was 'made up'.
Andy - That is another big lie, I never said that. I have always said
    that our attorney is an SEC Attorney and he practices law in NC.
    We had retained the Ackerman Attorney Firm before the Miami rally
    in May, and Robert Garner and I met with Bill Schwartz who is in the
    firm on the Monday after the rally. We went over the program with
    Bill so that he would be familiar with it and asked for feedback on
    anything that he might see that we need to change.
    Bill is also know as an SEC Attorney. They I announced that we had
    retained an Attorney Firm in Miami that had 500 attorneys. And they
    had a firm in Tallahassee and in Washington, DC. But I never said
    that I had gone to Washington DC to meet with attorneys.
 
They judge said today that she will give our Attorneys a few days to
respond to the motion that was filed. They are preparing a plan of action
for our start up. They are requesting a hearing with the judge so they can
present the evidence why we are NOT a ponzi.
 
They will also present a plan of how we will start up with government
supervision, we don't mind government supervision!
 
Andy went on to thank some of his staff that is putting in a lot of hours
providing information for the Attorney's. They are doing a great job!
 
STAY TUNE!