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    • Ibizatraders update & PP01
      Friday, September 08, 2006
      All payouts have been paid to the proper payment processors. This month
      went the last day of the allowed time frame for precautionary reasons,
      this was the first payments we have made so far and wanted to be sure
      everything was in tact and in order. Please feel free to post
      screenshots in our forum for everyone to see. Please mark through your egold
      number though.

      Now for the good news.

      After many emails, PM”s and personal meetings we have decided to
      allow compounding. The reason for us not allowing compounding in the
      beginning was that we wanted to force everyone to receive there ROI back in
      there payment processors without the opportunity of just compounding it
      every month. It was our way of not allowing compounding so you would
      have to personally invest it back into the fund. Our thoughts were that
      you would gain your principle back quicker with only profit in the
      fund. Our programmers are working very hard to allow compounding at this
      time. The compounding will be set to 100%. There will be a compounding
      button in your back offices and you will have the option to either
      compound it at 100 % or not at all. If you decide not to compound then the
      terms will be the same as in FAQ”s. The compounding option should be
      added tonight. By tomorrow forsure. The exchange rates and etc had no
      effect on our decision as there has been and should always be more f!
      unds invested than withdrawn. So exchange fees had no effect. We have
      allowed this for you the members only.

      Thank you for all the kind emails and pms. Please feel free to use our
      support ticket system for any account reasons and issues.

      Kind Regards,

      Peter Ris

      Director

      For those who wish to join for $250 you MUST put in that amount by 24th September. For
      PP01 there are currently 24 places for founder membership. Min is $100 + $25 membership
      fee. I don't know whether you can get in because places are fast gone. Just email me if
      you are interested.
      posted by Lazyman @ 5:22 PM  
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