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FIB - Scams 101 - Ye Olde Archives

Re: Michael Scott responds to DXGold questions!

Posted By: Savage
Monday, 24 January 2005, at 6:16 p.m.

In Response To: Michael Scott responds to DXGold questions! (Dave Mauder (eDave))

> I read nothing in that that would lead me to change my mind.

To the contrary, I found it disconcerting that it has now morphed from a business opportunity to a "Game", or some sort of training. I don't recall that being mentioned anywhere. That's a hell of a note is it not? People have invested in this and now here comes this guy saying "Aw, we were just foolin' around, you know, getting the kinks out, wait'll you see the REAL one.".

I wasn't aware that your identifying information is required in order to join the whatever it now is. I don't know why they need this. It seems to me that as Vanatua is a tax haven and does not report and they are located in and doing business out of Vanatua, it is not required of them to report any transactions anyone might make. Also, as we are told adinfinitum no one can steal your funds in this system so that being the case they shouldn't have to have this detailed information to chase down the crooks who might try or succeed in stealing your funds.

The proponents of dxgold can say what they will, somewhere along the line your ecurrency, which you purchased with real federally backed funds, is going to pass through their system. At the point that it enters their system it effectively leaves your control and into theirs for a "session". If at any point this enterprise is in fact fraudulent bad things can happen to your ecurrency which let us always remember, REPRESENTS YOUR REAL MONEY.

One of the secrets casinos enjoy is that when at a table gambling you are not grabbing 5's and 10's and 20's and putting them at risk, you are risking CHIPS. Psychologically, it doesn't seem as bad to lose chips as it would if you put real money on the table and watch some other individual scoop it up and put it in his pocket. This of course is not the fault of dxgold but it might work to your disadvantage and so I thought I would mention it.

What happened to their retinal scan PDA? Still in the works? The reason I ask is on the one hand we have, using their reported numbers, a money machine like no other. They report these beyond excellent returns on a "training system" and tell us that it's going to get even better. That being the case why are they investing the funds into a PDA that can scan your retina? The point being WHY NOT invest the research and development funds required for the PDA gizmo into dxgold, invest in their own product, and retire in 5 years with more money that they'll ever spend, USING THEIR OWN STATED RETURNS! Which begs the question I think all of us might have in the back of our minds, if it's this good, what do they need us for?

They'll respond I suppose that there is such a huge market out there they need all the money they can get their hands on so they can invest it and grow larger. To which I reply, HOGWASH. They have the system now, they represent it as working wonderfully well already, they say it has been in operation for 4 years. So why aint they rich?

Well, enough said. I'm already down as not trusting this. I didn't find anything of value in that post and I'm thinking there's a reason for that.

Best of luck to all.

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You'll find great information in this "Read Only" Archive, but remember..... things change.
Be sure to visit the Current Message Board when you're finished here.

We're very friendly, so don't be shy... just jump right in and post your question.
Scams outnumber legitimate biz ops about a bzillion to one, so it's well worth your time.



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