Comments on: All About Loomster http://hyipblog.nobshyip.net/2007/08/20/all-about-loomster/ the latest HYIP community updates, from readers, to readers Sun, 12 Oct 2008 08:47:14 +0000 http://wordpress.org/?v=2.2.1 By: Mark Herpel http://hyipblog.nobshyip.net/2007/08/20/all-about-loomster/#comment-78300 Mark Herpel Tue, 21 Aug 2007 15:59:06 +0000 http://hyipblog.nobshyip.net/2007/08/20/all-about-loomster/#comment-78300 1) I don't know for sure. We are beta testing now and through September, answering questions such as you have posed here. We may hit some snags on the operation or regulations, upgrades, marketing, partnerships etc. Its a lot to look ahead at so its best to wait until its properly functioning and we are providing a value service people want and can use without any issues. Loomster expects to be around for years to come so we are taking it slow out of the gate. We receive input each day on how to make it better and I'd rather have all of that input and 'upgrades' before one dollar changes hands. Its operational right now, but won't be launched until we have a stronger plan for the operation without any questions on the use. We'll get all that sorted out here before launch. I hope you can appreciate we don't want any problems or headaches. 2) The servers are in Malaysia, the domain is registered through XtraOrbit.com in Egypt, the company owner is Panamanian. 3) No you are 100% incorrect. No funds are exchanged with the digital web site Loomster.net Funds go to that 100% through 3rd party exchange agents. Not anonymously. Precious metal units issued by Loomster LS-G and LS-S can be converted to physical metal and bailed out, that is just a purchase transaction of precious metal. Also, this is simply an Open Source software program operating online, next year this time there should be about 100 versions of the loom software up and running. I don't think the software would be the focus of any problems, it might be the operation or how its used? We don't know yet, but trust me its getting looked at by more than just the beta tester at the moment. If it might pose a problem, then that will be 100% addressed before the launch. The treasury dept anti terror financing is aware or it, also I have consulted, World-check for their input and I'll have that next week. So all that will get sorted out before a launch. I won't operate anything illegal so it will get fixed, moved or closed BEFORE launch. 4) Not sure what you mean here can you give an example? Thanks for your input, good questions. If I was not clear, get back to me or post more exact questions. Mark 1) I don’t know for sure. We are beta testing now and through September, answering questions such as you have posed here. We may hit some snags on the operation or regulations, upgrades, marketing, partnerships etc. Its a lot to look ahead at so its best to wait until its properly functioning and we are providing a value service people want and can use without any issues.

Loomster expects to be around for years to come so we are taking it slow out of the gate. We receive input each day on how to make it better and I’d rather have all of that input and ‘upgrades’ before one dollar changes hands. Its operational right now, but won’t be launched until we have a stronger plan for the operation without any questions on the use. We’ll get all that sorted out here before launch. I hope you can appreciate we don’t want any problems or headaches.

2) The servers are in Malaysia, the domain is registered through XtraOrbit.com in Egypt, the company owner is Panamanian.

3) No you are 100% incorrect. No funds are exchanged with the digital web site Loomster.net Funds go to that 100% through 3rd party exchange agents. Not anonymously. Precious metal units issued by Loomster LS-G and LS-S can be converted to physical metal and bailed out, that is just a purchase transaction of precious metal. Also, this is simply an Open Source software program operating online, next year this time there should be about 100 versions of the loom software up and running. I don’t think the software would be the focus of any problems, it might be the operation or how its used? We don’t know yet, but trust me its getting looked at by more than just the beta tester at the moment. If it might pose a problem, then that will be 100% addressed before the launch. The treasury dept anti terror financing is aware or it, also I have consulted, World-check for their input and I’ll have that next week. So all that will get sorted out before a launch. I won’t operate anything illegal so it will get fixed, moved or closed BEFORE launch.

4) Not sure what you mean here can you give an example?

Thanks for your input, good questions. If I was not clear, get back to me or post more exact questions.

Mark

]]> By: Buzz http://hyipblog.nobshyip.net/2007/08/20/all-about-loomster/#comment-78293 Buzz Tue, 21 Aug 2007 15:26:48 +0000 http://hyipblog.nobshyip.net/2007/08/20/all-about-loomster/#comment-78293 Most interesting system. I have 4 questions : --------------------------------------------------------------- 1) When will it be operational and launched ? 2) Where is this system located ? Not in US I hope ? 3) As funds can be exchanged anonymously, how would you prevent or avoid the alarm bells in the SEC, FED or any authorities' office. 4) How do you ensure both parties will honor their transactions after they agreed to it but one disappeared ? Thanks ! Buzz Most interesting system. I have 4 questions :
—————————————————————
1) When will it be operational and launched ?
2) Where is this system located ? Not in US I hope ?
3) As funds can be exchanged anonymously, how would you prevent or avoid the alarm bells in the SEC, FED or any authorities’ office.
4) How do you ensure both parties will honor their transactions after they agreed to it but one disappeared ?

Thanks !
Buzz

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