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Jan 9th 2007
Final Changes to AsianPay’s Investors Corner
Ecurrency Update, Ecurrency, MiscellaneousTags: AsianPay.
It stinks really bad right now especially to people who has money stucked in AsianPay.
Check out the changes that’s going to be made.
Popularity: 1% [?]
Not too bad really compare to the nightmare on the 3Jan07 when our principle were reset to zero. I was totally wipe out. Now my principle stay intact and still continue to earn daily interest. Variable daily interest or not , i say something is better than nothing.
InvestorCorner survive 6 months before this plan change . With variable daily interest we should see this program survive alots longer before another major change.
just my 2 cents.
Wow. This Guy is good. Good psychology. He indeed introduces a nightmare first and now everyone compares this situation with the nightmare(LOL studied psychology for a while). it is of course better but in no way near the old plan considering he could reduce the percentages dramatically too at any given time.
Oh well. who is honest in this business?he?
Ross.
Psychology! you got a point there.
I like to add that they have also shorten the length of the plans. mine was for 72 weeks now it has become 360 days. so 6 months less pay and no principle back..
Ross, i believe 72 weeks include weekday and weekend. While the new 360 days is only business days. ie 72 week * 5 weekday = 360 business days.
Well i think it fair for him to lower the percentage if the egold business is not a great as before. What can he do if the company is not gaining much and yet members want him to pay the same. Not fair to the company right?
If you realize in their new TOS they have added one thing that’s is very important for us the members,
1) they guarantee that the opened plan will never be closed.
And please understand that in the old TOS it is mentioned that the principal will always be recovered in full no matter what is the way and this is what they are doing.
Please also note that in the old TOS the profit is not guaranteed and only the principal is guaranteed. Practically, this new changes are fulfilling what they are saying in the old TOS. The total of the profits you have received by now is already covering the principal that you have invested and according to the TOS they are paying the principal in full since the profit is not guarantee.
I think as members we should be grateful since they are still paying the remaining paying days and they will honour each plan until the end of it.
Please do not consider The Investor Corner (TIC) is the same as HYIP. They are not. They are related solely to the company business mainly the Exchange business. If the company is perfoming OK, they might increase the daily profit again. If lower, then it will be lower. By saying this, one thing for sure, they will pay back our principal in full regardless no matter what and each invested plan will be honoured untill the end. Hence, we have nothing to worry as we will always receive the principal back in full eventhough if the company is suffering loss (hopefully not).
If we want to be a good member and want the company to increase the daily percentage, we need to promote their exchange business. Please note the rebate system that they offer when your promote and remember,
daily return percentage = performance of exchange business
Just want to add a quick point regarding the above post. They do not shorthen the plan period. they just want to make it easier for us to understand.
72 weeks minus the weekend = 5 days per week (roughly) x 72
= 360 days ( paying days)
in other word, your plan will expire after you have received 360 days of daily return. Period.
p/s: think twice before you post
I got the point…I indeed misunderstood the change in duration. My bad..
With all due respect to All who posted here that last few days,
Asianpay’s InvestorsCorner has face difficulties in Cash FLow due to overwhelming withdrawals but there are not enough transactions in Egold exchanges to cover the profits to pay investors. Asianpay is a real operating company and not a HYIP that would just pack and go, like many did to me the whole of last years from Studiotraffic, Compactsurfing, Phoenixsurf, wiredsurf, wealth2U, ABCash, InvestDot, EuroGoldBank, Offshoreclub, Solidinvestments, Vascoinvestments, Cleaninvest, MetalDeposit, BestSafeInvest, Real-Fund, Ralf-Finance, Moneymakerhyip, Matcofinancial, Capitaller, EurFund, E-Vertex, E-commercial,Sorex, INSO, Wesurfyouearn, InvestFreak, DFII.
I have hundreds of USD money left in each and everyone of them when they packed and disappeared from the Cyberworld. I am thus a seasoned and stupid HYIP speculator who lost enough and decided to invest in a real company in ASIANPAY that has real licensed offices with real contacts in Singapore, Bangkok and Chiangmai, with proper legal and audited accounting practices to the authorities as well as shareholders.
You may lament about getting less profits from your deposits in the InvestorsCorner of Asianpay due to the inevitable changes that are made to protect shareholders and the company but the KEY fact is you WILL NEVER lose a singe cent or penny with ASIANPAY. You may not earn 200% on your money but if you do get 20% or 50%interests on top of your principals - you ought to be glad that you have invested into InvestorsCorner as you did not lose money and have gained some interest plus principal back, unlike in many HYIP programs out there.
Asianpay has paid back huge sums in the last one month and many investors can and ought to testify these facts. Asianpay has 3 changes in a month - thats true - but thats dynamic management of the current situations that need repair and your kind assistance is needed to understand and to assist in any way possible. The key purpose is to protect the company and shareholders and to ensure all of us have our principals guaranteed by sound but at present unpopular management policies.
Steady hands, cool heads and calm maturity are needed from everyone to assist us to ride us through this rain - its not actually a storm - as Asianpay is not only InvestorsCorner, which is only a segment of the businesses it is operating.
Asianpay is not a HYIP - it is a Worldpay/2Checkout/Paypal/Londongoldexchange all-in-one in a business built for the sole purpose of providing a honest online payment processor business with credit and debit card and egold exchange facilities, with unparalleled customer support services in live support and contactabilities in 3 cities with real offices and staffs.
Asianpay would follow up with an update shortly today.
__________________
My Best Regards,
Danny Chua
Vice President & Director
Asianpay Singapore Pte Ltd