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Aballong’s E-Currency Excuse & What Lurks Beneath PTVPartner?
May 7Aballong’s E-Currency Excuse
The report that Aballong gave to us for not making payments lately were more of an excuse than an actual fact. They took advantage of the problems that e-currencies were having lately like the one on GlobalDigitalPay so that they can buy some more time and generate money. They blame it all to e-currencies like StrictPay and GlobalDigitalPay and explained that this was the reason why they are behind investments on bookies and that they weren’t able to make arbitration at the moment. Look at this email and judge it accordingly:
We still not get any answers from StrictPay not even the feedback that they received the papers, and they did! So we are a little behind in investments, into bookies, GDP is somehow back online, but no exchanger is willing to exchange out, so also here we can’t do arbitration at the moment, this considered, we still have other Epayment Systems and we still make arbitration with them, and be on time with payments with all Premium Plans as we promised, we got also more than 900 emails at the moment so we are behind this, we work at the emails as fast as we can, please do not send more than one email as it just delays the email responds from us. All pending refund requests will be refunded as fast as we can, please do not submit here more emails, it will not be faster, some people submitting 10 emails at a time!
Regards Alrea
I don’t know about you but to me it is more like an excuse rather than an explanation. This move allows the hyip program to buy some time so that they can recover the program or worse scam more people. It’s suggested to refrain from depositing at Aballong at the moment until the problem is fixed.
What Lurks Beneath PTVPartner
PTVPartner may be down but their blog isn’t. I was able to skim through their blog and found here the reason beneath PTVPartner going offline. The blog is still active at the moment and you will be able to see the plans that Garret is pursuing plus his plans on establishing a private program. The latest blog (and the only one) that I’ve read, explained how PTVPartner went down. Garret said that in trying to fix the problem, it created another problem which makes it worse than before. He also apologizes to the members and said that he will only refund to the members who are not in profit and leave those in profit behind. It also states the future of PTVPartner that will be like GNI that is private and not available to online investors.
Here’s the excerpt on the blog of PTVPartner:
Despite the naysayers, which I realize are many, and rightly so in some cases, I am here to update you all.
When PTV started, I had the best intentions of helping many. I envisioned at some point changing the ecurrency world. It was perhaps an overly grand vision. Actually, it might have worked had it not been for the circumstances that took place. Most will never know.
To list these reasons would open up a whole new debate and only be construed as excuses anyway. While the naysayers will tell you this is just more talk to keep members quiet, that is not the case.
When PTV started I believed I had taken all the necessary actions to keep any of the usual things from going wrong. On that the naysayers are right. I was wrong. Much happened and in trying to “fix” the problems more were created. Finally, at the end there was almost no way to adequately fix it. Not with the site running and not under the circumstances that were created.
The next part is the hardest to say. We have taken down the site completely but I have not gone away. I am here, licking my wounds a bit since, but with the full intention of paying all those not in profit. Those that were in profit, I am sorry but there is no way to continue paying out at this point on the plans that were running. The current steps that are being taken are these.
1) A full accounting has to be done. Because of all the issues that happened to the script and the errors that were made by some of the IT staff and the corrections we attempted that backfired we are unable to do this in a hurry. This is anticipated to be completed within a few weeks.
2) We are considering the future. My reaction at this moment is to payout those not in profit and walk away. Should anything further be considered, it will be extremely limited in membership and possibly not even offered to any current online members.
I am sorry. None of this is what I intended in the beginning. Nothing is yet fully determined as we must get through the current situation first. Then we will take a break, look at what we have and make a decision from there.
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You can view the whole explanation on PTVPartner’s Blog
It is kept online show to the people that they are not scams and the program’s downfall was not intended. It’s up to us now to judge if Garret is really telling the truth. From the plans of Garret to the visions of PTVPartner, we really can say that this HYIP program is professional. But due to the problems that occur, none was able to predict the outcome of the program and yes, naysayers were the ones going into speculations that PTVPartner is a scam. PTVPartner was the program that has plans on its investors but I think they came at the wrong place and at the wrong time. Maybe venturing the program offline will make things work out for them..or maybe not.
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7 Responses to “Aballong’s E-Currency Excuse & What Lurks Beneath PTVPartner?”
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Haha, nice share,good article,very usefull for me…thanks
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Chapman said on May 28th, 2010 at 7:42 am
well done!nice job!
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Tara Barnes said on May 28th, 2010 at 7:51 am
Haha, Nice post…Thank you for sharing some good things!!
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