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    May 29th 2006

    PointShareXtreme is not a place for new members, nor is it a place for current members to spend more money. There are still way too problems with payments that are months old. However, it is slowly beginning to show signs of life again.

    Here are the life signs:

    • A member, who runs several successful online ventures, has offered to help Henry with accounting, programming and payouts. Henry has taken the offer to his board of directors and we are waiting for a firm reply. Indications are that Henry will probably take the offer.
    • The CEO of SafePaySolutions has confirmed that PointShareXtreme has enough funds in their account for payments. He is in communication with Henry, although it has been hard for them to connect.
    • Henry has admitted that he is having problems with the large number of wire transfers in the works to get more funds in e-bullion and e-gold. The Philippine banks are delaying several of the transfers. Indications are good that there is a significant portion of the funds needed for payment in both e-currencies and that more is on the way once they clear the delays.
    • At least one member visited one of the primary forum moderators and while there spoke briefly to Henry on the phone. After over 10 days of non-communication between Henry and any of the moderators or members, this is a relief that he is starting to communicate again. Word has it that he is “working on an update.” However, when we will see an update is unknown.
    • Changes have been made to the PointShareXtreme website. There is now a member’s login. (If you have trouble logging in, try the “forgot password” option.) However, the only thing that is included in the login is an option to purchase more plans.
    • At least one person announced that plans to open a US office to facilitate e-currency transfers and payments are still underway.
    • CompuMatrix, the other site run by Henry, is back up after being down for an extended period.

    While these signs of life give a small bit of hope, there is still nothing solid that says PointShareXtreme will definitely catch up on payments and make a comeback. History shows that when a program goes this long without paying and without communication, it is dead. History also shows that these programs don’t begin to show life again, except to try to get new money. However, the history of this arena has been changing drastically this year with seeing things never before done, such as WiredSurf bouncing back after a 17 day downtime.

    IMO don’t get too excited that you’re going to see your payment soon (or at all), but you can allow yourself some hope that there is still a light on over at PointShareXtreme. Read the forum, especially the member chat area, now and then to find out what is happening.

    JMO - Sharon

    Popularity: 2% [?]



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