Lazyman's guide

There is going to be a twofold change to TFT.

We have had a few problems with the earning vehicles used for TFT. My sense of why is connected to the recent actions of e-gold and a perceived dropping of confidence in them. Comments by many that e-gold was going to close has added to the general decline. While this is not my position - the way that we used to generate returns has been steadily dropping. Looking for the right alternatives is a daily process.

Steadily dropping returns has meant that some incoming were used to pay existing obligations.

The decline started early December and accelerated throughout the month. This has caused a cash flow issue .

Within the HYIP arena there are such things as private placements - they tend to be “those things you hear about but never actually eventuate.” My reading and research has shown them to be real - but previous to now I have not been able to access one directly.

This has changed over the last little while.

The reality part is that I cannot say a whole lot about it but I can assure you and reassure you that I have done my homework.

This opportunity (high risk though it is) is one that I plan to capitalize on.

The downside - the placement fees are high - we are talking serious money here.

So after much discussion here is what I am going to do.

All available TFT funds are to be diverted to this opportunity. This amount still does not meet the minimum required so the following will happen.

Payouts will stop - for the course of the trade.

TFT incoming spends will go to the placement.

TFT will close on 3 January (1 week)

ALL spends (all existing/outstanding ones + all new ones) will be paid in full as of January 31.

To be clear - no more TFT payouts till Jan 31 then EVERYONE gets paid.

Additionally a place in the forum will be set up for those who wish to participate more directly in the placement. Access to that is going to be at my discretion. I cannot empahise enough that this is a private offer. I cannot and will not dicuss publicly.

Participation will be via e-gold - that doesn’t change.

Maximum amount to invest is under review.

One more thing - once the amount needed to participate is reached all offers will be closed. We will not accept more than we need. Period.

Now this is not a “going private” thing. It is an opportunity to pool funds to participate in a private arrangement.

I also know (extremely well) that this is going to cause some discussion dissention crtiticism etc. I accept that - just as - on opening the program I accepted the responsibility to generate the returns to you in the most efficient manner possible.

To head off queries -the most obvious being could TFT continue - based on the current (right now) trend - No. Could we trade out? I was and am going to try - and this is the option I have decided upon.

Are refunds available - No they aren’t.

I had previously stated that if and when TFT closed everyone would be happy. This closure is sooner than I thought - but I am adjusting to the circumstance.

It is my real belief that although the delay of payout until 30 days may cause some (a lot?) of pain for some, the fact that the program will payout every member in entirety is a plus.

Now the other thing I need to mention. I reckon you have heard this spiel before - I think I have heard things along similar lines. Why should you believe me? To answer that I can only say that I am going into this trade openly and will keep people posted along the way as to progress. I am not closing the forum - nor XLO (which is it’s own distinct program). I am working to provide each and every one of you the return you were after - circumstance has dictated that this will take longer than originally thought.

In closing - I take full responsibility for this decision. I understand that is not going to be popular to all - but it is my thought out and considered opinion that it is the best option for everyone.

Your comments are always welcome.

Andy

Well, it is not yet 6 months but they are planning to close on January 3rd next week. It is still the month of December. Let's hope better things to come in 2007.

Rog's program, I have written it off but it is still under scam warning in HYIPD program. January 15th is the final date, after which I would put it under scam.

Happy New Year to all readers!!! Yeah, it is coming... Due to bad internet connection, I was put off by the idea of logging in to blog, but lately things have gone better, still have slow internet access to overseas websites.

My wish list would include having better internet connection:

Internet providers StarHub and SingTel say the earthquake caused disruptions to the undersea cables, resulting in slow internet access to some sites.

Both companies say internet traffic diversion and restoration works are currently underway.

SingTel adds that its undersea cable system with Europe was not affected. - CNA/so

Asia quakes damage cables; Internet, banks affected

Banks and businesses across the region reported problems with communications, with telephone lines and Internet access cut or slowing to a crawl.

South Korea's top fixed-line and broadband service provider, KT Corp , said in a statement that six submarine cables were knocked out by Tuesday night's earthquakes.

"Twenty-seven of our customers were hit, including banks and churches," a KT spokesman said. "It is not known yet when we can fully restore the services."

Taiwan's Chunghwa Telecom said two of four major undersea cables out of Taiwan had been affected.

Voice circuits had been reduced to 40 per cent of capacity to the United States, 11 per cent to Japan, 10 per cent to mainland China and just 2 per cent to most parts of Southeast Asia.

Banks in Seoul said foreign exchange trading had been affected.

"Trading of the Korean won has mostly halted due to the communication problem," said a dealer at one domestic bank.

The main quake, measured by Taiwan's Central Weather Bureau at magnitude 6.7 and at magnitude 7.1 by the U.S. Geological Survey, struck off Taiwan's southern coast at 1226 GMT on Tuesday. Two people were killed.

PCCW , Hong Kong's main fixed-line telecoms provider, said several undersea cables it part-owned had been damaged. "Data transfer is down by half," a spokeswoman said.

Some disruption was also reported in the Tokyo currency market, but the EBS system through which much dollar/yen trading is conducted appeared to be working, traders said.

KDDI Corp. , Japan's second-largest telecoms company, said communications along submarine cables out of Japan went through Taiwan before reaching Southeast Asian countries, which was leading to disruption.

But KDDI said communications were unlikely to break down completely since there were alternative lines.

Singapore Telecommunications , Southeast Asia's top phone company, said some customers were suffering slow access to Internet pages and other data.

But it said traffic was being diverted and repair work was in progress, adding: "Our submarine cables linking to Europe and the U.S. are not affected."

Singapore's second-largest telecoms firm, StarHub Ltd. , said its customers were experiencing slower connection to some international Web sites because of the cable problems.

"We are re-routing traffic to other cables," a StarHub spokesman said.