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No, 12Dailypro and Charis Johnson is definitely over, but apparently SEC and Charis hasn’t wrapped up the case.

Re: Securities and Exchange Commission v. Charis Johnson, LifeClicks, LLC, and 12Daily Pro; USDC, Central Dist. of CA, Case No. CV 06-01018-NM(PLAx)

As communicated previously to the Court and the investors of 12daily Pro (“12DP”), the Receiver’s goal is an equitable distribution of receivership estate funds. In order to achieve this goal, the Receiver must gather information from investors in a two-step process. The first step involves the setting up of an interactive web portal to gather information from investors. This letter is being sent to you to provide information and instructions for logging in to the web portal and providing your contact information and 12DP account(s) information.

The web portal is located at http://www.tlennonfor12dailypro.com/accounts. Please log in and you will be asked to set up a username and password. The username will be your current email address. You should use the email address at which the Receiver can contact you. Once you have set up a username and password, an email will be sent to you with an activation code. You must retrieve this activation code in order to proceed. Once you have entered the activation code, you will be asked to provide your

(a) Name,

(b) Current address, and

(c) Account numbers for any and all accounts at 12DP (including accounts at StormPay, Inc., e-gold, Ltd. or EMO Corporation).

Please click on the appropriate tabs for 12DP, StormPay, EMO and EGold to enter your account numbers. If you had more than one account at any of these entities, you will have the opportunity to enter additional accounts by clicking on the “Add” box. All information provided by investors through the web portal will be kept secure and will be used only by the Receiver.

If you have any problems logging into the investor web portal or entering your contact and account information, please visit the Receiver’s website at www.tlennonfor12dailypro.com and click on the Frequently Asked Questions (FAQs) Re Web Portal and Claims. If your question is not addressed in the FAQs, please email the Receiver at tfl@tlennonfor12dailypro.com or call the dedicated investor telephone line at (619) 464-6691.

Once investors have logged in and provided their contact and 12DP account information, it is the Receiver’s intention to obtain permission from the Court to use the web portal to establish investor claim amounts and resolve any disputes with respect thereto. It is anticipated that claims will be calculated using a simple money-in, money-out formula (or “MIMO” formula). After investors have logged in, the Receiver will make each investor’s transactions with 12DP and MIMO claim amount available to them. Further instructions will be provided for the submission of documentation if investors disagree with their MIMO claim amount.

Once all disputes regarding investor claim amounts have been resolved, the Receiver will provide the Court with a schedule of allowed claims and request permission to distribute receivership estate funds on a pro rata basis.

Please check the website for updates and further information including answers to Frequently Asked Questions Re Web Portal and Claims.

I’m very sure the pro rated refund would be left with peanuts if you have lost money in 12DP too.

Popularity: 47% [?]

Well, you’d think he’ll be keeping quiet and gone with the wind?

Life Holdings is up 9.3% this month,

Hello,

I wanted to post August monthly update on Life Holdings forum first. I can’t, the forum is down again for some stupid reason (and curiously LH website is online). I will attempt to solve the website/forum problems for good by moving to Jude’s server next week. Just a head’s up, as the DNS changes will make the website inaccessible for 12 – 48 hours.

August was a good month until this week, when my mainboard fried and I got sick. These events kept me offline for the better part of the working week. Nonetheless, we have a large profit figure: 9.30% net profit for investors in August.

To my banking problems, Jude and I have came up with a good plan to process payments in the future. Whilst we’ll keep the details to ourselves, rest assure that the E-bullion and E-gold will be paid in a timely manner after clearing the backlogs we have for the moment. Expect the first few payments to start hitting the accounts in two weeks time.

Regards,
Dan
Life Holdings Management

Expect a new blog, better management and new things from Life Holdings in the future. And not forgetting us here on Nobs Community too.

Popularity: 45% [?]

Hey all,

Just some small updates on IS.

The main website is still down, I dont know when it will be up. IS runs with PHP version 5 and Judes hosting company didnt re-installed it yet.

All pending withdrawals before august have been processed. August withdrawals will be processed as soon as Steven returns from his holliday at 7 september.

The return for august is anywhere between 3 and 5%, the final results will be added to everyone’s account, around 7 september.

Due to a miscommunication between Steven and Chris, some or all of the prices for the 1 year anniversary of IS mid may, have not been send yet and/or processed.

Current list of people who may have issues receiving their price :
seemezoo
warz
roughneck
Phelbs
Crash
Hil
Stijn
Jude

Thats it for now folks! Have fun.

Popularity: 46% [?]

This post came late since there was no way I could update the blog last week.

NSFG has apparently hit margin calls for their trading account (pool) and called it quits. Is there any MA holders that can verify and give us some insights?

Updates from Ken, NSFG.

Important Update

Yesterday evening our broker in London, BGC, made a margin call on all our accounts after a drop in equity made it impossible for us to maintain the large open negative positions we have been holding for a while. It forced us to liquidate all open market positions, including both arbitrary trades and the hedged position for an all out loss. The large negative P&L had been built up as the global equity markets plummeted following the serious credit concerns and it caused a major unwound of the carry trades, not only in the Yen pairs but also in the Swiss Franc crosses. Attempts to trade around these arbitrary positions failed and we are forced to close down the company following this margin call since we have no liquidity left. Hundreds if not thousands of hedge funds and investment firms around the world have severely suffered from this global incident and we regret not to have
been able to pull ourselves through the credit crisis unharmed.

This liquidation has serious consequenses for everyone involved. Personally, I have lost my own private trading account and are now forced to sell my house and liquidate my personal assets to be able to cover expenses until I can move and I will most likely end up with a serious amount of debt to banks and credit institutes. Along the way NSFG has been confronted with obstacle after obstacle and although we have tried our very best to stear clear of these obstacles, this last financial crisis killed our dream. There is no way we can regain what has been lost and the sensible thing to do is pull the plug now and get things closed down for good.

Ken, on behalf of NSFG Ltd

It’s a joke and shameful of what they have been through. Sadly they seem like a bunch of novice traders trying their luck to fool around with investors money in the first place.

Popularity: 26% [?]

Here we are, after the ddos attacks. Whether its A3Union or Legisi doing the tricks on us, we’re back. I’ll be making contingency plans for future crap like this.

We’re back.

Popularity: 19% [?]

Thanks to bubba, here’s a way for you to check out the current status of Legisi through this forum link. Since Legisi has already gotten problems, this link is intended only for existing Legisi members to follow up.

bubba

There was a post by Greg on their forum that announced that the withdrawal processing time has been increased from 3 days to 10 days. This is due to the egold funds being seized, and they need more time to sell off the commodities so they don’t lose money. He actually mentions bankruptcy in the post.

You do not need a deposit account with them to access their forum. Just register with an email account that doesn’t matter to you. You can get in and look around for a while, but eventually they catch on and ban your email address.

Popularity: 16% [?]

I love the RSS feeds coming from Nobs Network, basically it really updates me what’s going on with other related partners of the same genre. Mark’s Digital Money World brings the top entries out of most.

First you have E-gold having a blog, now Paypal gets interactive too! Check out The Paypal Blog.

The idea of blogging for any business presence especially giant ones like Paypal, E-gold is great. At least they allow users to express their opinions and suggestions, as well as keep them inform easily on the new features, developments and policy changes that they have.

Paypal’s new blog looks really clean, with the faces of each author shown and having different kinds of topic in discussion. We should be expecting a lot more from them in the future on their little new space I guess.

Stories of Paypal freezing accounts has been really common from the past, maybe it’s a good time for users to bring this up for them to address the issue in their new blog?

Popularity: 12% [?]

How it began

It all started when I emailed Mark to ask what is the procedure and the cost like to start a digital bullion based currency, as I was interested in the process and aspire to run one in the long run as a full time business. You won’t believe how absurd the amount of money we have to spend on incorporating, the vault fees and the trouble to run one.

There’s when Mark brought Loom, and his current project Loomster (Yes, it was his original baby) into the picture.

Brainstorming session follows and we believed we came out with a winning product and solution to people who values privacy as well as integrity of the bullion stored behind the system.

Why Loomster?

Anonymous and Secure

Loomster allows total anonymity when you transfer from one user to another without compromising the security as it utilizes Loom, a brilliant API creation by Patrick Chkoreff. Currently Loomster runs on version 51 of Loom API, and will be constantly upgraded by Patrick himself as soon as new features get introduced in. Also, Loom is open-source, which means there should be a high chance of communities forming up to develop Loom tools, and cover security loopholes. I just love open source stuff.

If you’re interested in the development and news of Loom, it’s here.

User Friendly

It’s easy to add an asset, add a folder, pick up and give to anyone your Loomster Gold or Silver. If you are interested, just look at ‘Getting familiar with the Loom System‘, which pretty much explains itself on how to do most of the transactions.

Your Gold and Silver!

Mark and I came up with two asset types, Loomster Silver (LS-S), and Loomster Gold (LS-G). When LS-S and LS-G is transferred from one user to another, rest assure that there’s bullion backed behind the system. The asset is issued according to the grams that Loomster physically hold. Users are also allowed to bail out any time they want from the system, as little as 5 grams at one time.

Yes that’s right, enjoy cold hard silver or gold sent right to your doorstep.

No Transaction Fees, EVER!

This is the catch, you’re only paying a $25.00 upfront fee for registration (via any major supporting digital currencies, we’re friendly!) and that’s it. Nadaa! No more fees! (Oh there’s still a storage fee, but well, that’s really nothing). You’ll get

* 220 usage tokens
* Unlimited access to the Loomster
* no transaction fees for the life of your folder(s)
* Multiple folder creation allowed – limited only by your usage tokens
* Perpetual life on all folders – no expirations
* Unlimited access to our tutorial section (text and video)
* Unlimited access to our live help and skype support & email support

Now that’s a lot of tokens for you to start with Think of a conventional company that usually makes use of ‘X’ digital currency to do mass payments of over 1,000 clients. The company will have to incur costs on transaction fees which could be saved and used for other purposes instead if they use Loomster (no transaction fee!)

It benefits both users as well as future merchants of Loomster in a very, very attractive way.

No Reversal!

It saves trouble both ways and I do think its pretty idiot proof and HARD for anyone to transfer LS-S and LS-G wrongfully to anyone with the hash address that you have to physically add in. It benefits businesses and users without having the risk of facing charge backs. Note that also no administrators are able to reverse, block, change or reclaim it in anyway.

Loomster is an accounting software!

What it simply means is that your asset LS-G and LS-S belongs solely to you since these assets are uniquely owned by you since its just a part of the accounting software.

You should probably read this interview with Patrick since it brings a clearer picture to how Loom operates

Patrick: Correct, Loomster is not a currency. At its core, Loom is an entity called the Grid, which is somewhat like a giant abacus with one slight complication…you must reserve space on the abacus with “usage tokens.” Usage tokens are burned up in small fees as a user sets up their folder(s). This technique prevents the public from despoiling the space, and compensates the creators for the energy and time they spend maintaining it.

Still a Pilot Month, Interested to Try?

As August is a pilot month for Loomster (not operational for commerce yet at this point) which will run all the way to mid September, you’re encouraged to send me or Mark an email if you are interested in testing out Loomster. Keep your eyes on Mark’s DigitalMoneyWorld and our HYIPblog here as we bring you more updates on Loomster’s community forum, new exchangers and merchant directory listing.

Popularity: 13% [?]

The flags is already up from the start, with the warning bells ringing all around months back for A3Union.

Let’s look at the basics,

Some David emails me to check A3Union out.

- Doctored Stock Market reports.
- Russian unicode on PDF.
- Unrealistic high returns on investment.
- Blurry on business plans.
- Your regular HYIP website design.

Payout problems occured few weeks ago, in July

Danny

I haven’t been paid since 2 weeks …another scam

Then Increase in minimum sum to join just a few days back?

Thanks to Benny Tan for dropping the news,

the investment plans have changed….The investment MINIMUM.

Aggressive 5.00 to 500.00
Classic 25.00 to 250.00
Combined 50.00 to 100.00
Long Term 50,000

Also, read Mark Herpel’s two articles

- Ponzi Scams Dirty Little Secrets Part I
- Ponzi Scams Dirty Little Secrets Part II

If the flags aren’t red enough, let me know. I’ll bold it some more. Avoid spending your hard earn money on Ponzi scams. Especially to those who’re already in, rest your case.

Popularity: 13% [?]

This is tad irritating and I just found out the way to get it fixed. Apart from Yahoo Messenger (I think MSN Messenger’s default browser cannot be fixed at all unless you are using MSN Plus!, an Add-on program).

Problem: Yahoo Messenger keeps opening Internet Explorer for mails and other links even though Firefox is the default browser.

Solution: Set Firefox to default browser on your Vista with the following steps.

1. Click on Start -> Go to Default Program
2. Set Program Access and Computer Defaults, ‘Continue’
3. Expand Custom on the arrow pointing down
4. Under ‘choose a default browser’, bullet on Mozilla Firefox, ‘Ok’

You’re done!

If you are not able to see Mozilla Firefox under choose a default browser, reinstall Firefox by getting the file
. It should appear after reinstalling.

Popularity: 11% [?]

I’m in contact with one of my good friend in Bulgaria who might be offering an investment opportunity to our readers. Before I give any kind of green light, I’ll be doing extensive work on the diligence of the company, the track results as well as the transparency of our funds.

Personally, I have all my funds tied at the moment and won’t have any cash to spare, but its good we have some options available.

Would you be interested in investing in a mutual fund that specializes in a pool of Bulgaria stocks if:
- the company has 15 years of experience in the field.
- minimum sum to join is around $5,000 – $6,000
- total transparency on daily results, with contract bound between you and the company (vetted by solicitor) that you can pull your funds out anytime.
- annual results ranging from 20 – 50% per annum

Do share your thoughts.

Popularity: 8% [?]

Paul, NSFG updates via email

Hi There Everyone,

I am so sorry for not getting back to you guys sooner than this!!
We have open positions running and I was giving them the first week in August to close so I could account for them….after it became apparent that they would run for longer I was going to update you all last week.

However as some of you may have noticed our Hosting company went down, taking the site and email along with it!!!
After yelling at them it was clear that we seemed to be hitting a brick wall there so Ken and I decided to get a New Domain: www.northseaforexgroup.eu and have just got that up and running.

The dot com domain will be transferred over shortly, but at the moment both Ken and I are using the dot eu domain for emails.

Okay, right well because the Open positions are currently still running I have to report the July position as Flat, which mean no gain or loss on account but we are confident that this will ultimately prove very positive when they close. However we can not say with any certainty when this is going to be closed as it totally depends on market conditions.
With this in mind Ken and I have decided to take a step that we have been planning on taking for a while now, and just needed the right time, due to the current situation now is a good a time as any.

Northsea Forex Group Ltd wants to become a more mainstream trading fund and to do that we need to step out of the grey area and move into the professional arena and due to the current political climate need to protect both us and yourselves from any potential problems that may occur. The problem that we have is the Pool Account plain and simple. Under current regulations we are required to “know our clients”, this means that a full compliance check is done on each of them……if you know any Managed Account Holders then you will know this can be a lengthy process. Currently we don’t actually know any of you, at least not to a satisfactory level required by law. We can not undertake the same process that a Managed Account client goes through for each of you….it would take an age.

Obviously this is not an option for the pool members, and we have no intention of closing the pool down or anything. What we are doing however is a restructuring behind the scenes which will most likely result in the Pool being licensed to a third party who will then become a client in their own right as well as complying with all sorts of regulations and tax issues. You guys will probably not even notice anything has changed to be honest.

The downside of this is that it might take a while for us to get everything sorted. After taking advice from various sources we have started this process, as not only will it make it better for everyone in the long run, it will also mean that we will avoid any such problems that occurred at the start of last year which would be bad obviously!!
While we are going to be undertaking this we are going to have to cease all financial activity for Northsea Forex Group that involves the Pool Account, this includes trading, while this happens. This does not include the current open positions which were made prior to this undertaking. I warn you now that this will probably take a few months to get sorted. It is something that really does have to be done, and as we are locked with the open positions anyway now is the best time to do it.

We do apologise in advance for the inconvenience this may cause.
In regards to the July Statements, they will probably not come out till the end of August, as the email programme is coded into the system using the dot com domain and we will either have to wait for it to resolve over to the new hosts or if that looks like it will take to long then we will get it recoded to the new domain.

Again, I apologise for the delay in getting an update out to you guys. Please also note that if you have sent me an email in the last week or so I will not, and probably will never get it, if you sent it to the dot com address.

Have a great week and I hope you enjoy what is left of the Summer!

Paul

Popularity: 8% [?]

Live your dreams! Earn a living from the big G! check this out yo. A little cheapo though IMO.

Google Gadget Ventures is a new Google pilot program dedicated to helping developers create richer, more useful Google Gadgets. Inspired by the success of iGoogle, which has been driven by the creation by 3rd-party developers of a broad range of gadgets, Gadget Ventures provides two types of funding:

1. Grants of $5,000 to those who’ve built gadgets we’d like to see developed further. You’re eligible to apply for a grant if you’ve developed a gadget that’s in our Google gadgets directory and gets at least 250,000 weekly page views. To apply, you must submit a one-page proposal detailing how you’d use the grant to improve your gadget.
2. Seed investments of $100,000 to developers who’d like to build a business around the Google gadgets platform. Only Google Gadget Venture grant recipients are eligible for this type of funding. Submitting a business plan detailing how you plan to build a viable business around the gadgets platform is a required part of the seed investment application process.

It’s our hope that Google Gadget Ventures will give developers the opportunity to create a new generation of gadgets to benefit users.

Popularity: 8% [?]

Since Marcos didn’t get back to me after PMing me in Yahoo IM a week plus back, I’ll be taking actions. For my downlines (about 130 of them), I’ll be sending you an email via the mailinglist on what I require.

For anyone who is in FX-Experts, sign up for the mailing list (if you haven’t already, you should) as you’ll find details on what I need tomorrow, and we’ll have a proper discussion on the actions we’ll be taking via Nobs Network FX-Experts thread.

Popularity: 13% [?]

Few months ago I published a review of Magic Vault on HYWD.info. As you can see at that time there was a small trading account which I was able to verify.

On Magic Vault website yet on the home page you will see a link saying “Reviewed and periodically audited by” and our logo.

Now let me clarify this a little bit:

Initially when contacted me for review Pedro – the admin – promised to provide regular access to the trading account (just like it’s written on the link on his site). The first time I was really able to audit the trading, but that has never happen again since then!.

Pedro wrote me few times saying that I would be provided access for audit soon. Later I contacted him several times asking how the things are going and if I’ll be given access again.

I got no response at all.

So “periodically audited by HYWD” is NOT TRUE. Beware of this program at least until the shady matter is clarified.

Popularity: 14% [?]