March 2008
GPP – Refunds for failed Registrations and APs - December
More positive responses from members:
“Stella has sorted out the missing additional policies. I resent the email in the format requested and 2 days later all was sorted out. Over seven hundred policies.
I have attached her response to the deactivated members.
Dear D*****,
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Additional Policies added.
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Please check the downlinetransfer list, most of the usernames don’t match.
Deactivated members never were refunded, nor will be.
Regards, Stella “
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The stance that Stella is taking with regard to the deactivated members is confirmed by this copy e-mail from her and reinforces the need to lobby ‘neverlands’ to get this policy overturned.
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The position is further confused in that I have received an e-mail from a member who states that 20 or so members were deactivated, refunded and reinstated and the downlines correctly adjusted by Stella. ( It would be inapproapriate to publish this e-mail but I have recounted the main elements of the mail.)
During the BOGOF promotion, we spent 3weeks arguing with Stella about the fairest way to deal with an element of the promotion. Stella has a very strong desire to see that all matters are fair, which is why we find it so inexplicable that she should adopt this policy on the deactivations, particularly when it was the GPP software that failed to link the downlines correctly in many instances.
GPP – Deactivation/inactivation of members and replacements.
As promised in the previous posting we copy below the mail we sent to Stella following the below posts on the GPP Forum
Admin News and Announcements : Update: Replace members and profile status requests.
Please read these posts before our letter of response to Stella.
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 Terry Gilder |
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show details
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17/10/2007 | ||
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Dear Stella
I have finally got onto the Website after unsuccessfully doing so since the weekend. Many of my members are suffering the same problem. If they cannot get onto their websites they cannot register new members or check and complete their profiles and those of their teams. This is causing great consternation and making the process a highly inefficient, time consuming, hit or miss administrative process. Some members believe GPP are deliberately manipulating access to the website via this PROXY ERROR message.
A posting on the forum with reference to these difficulties would be appreciated PLEASE.
I am guilty of replacing people who have died and those who have indicated that they will not supply a proof of ID and I am aware of team leaders who have done the same to perfect their team. These are all people who may have been qualified by the insurance company but who would not satisfy the qualification requirement at the critical time causing you to have to go back to the membership presumablyto request more registrations. Members have just been substituted under the same Username. We have respected FAQ 10. none have been resold just substituted to perfect the qualified membership i.e. ensure that all our members in the team at the end will, subject to the Insurance Company requesting the Proof of ID, so we can check their credentials, supply the proof of ID, since without doing so they are a wasted statistic.
So that is the logical and ethical approach that I have applied to this situation in the interest of the greater good of the transaction as a whole.
If we are able to reinstate the original member, we will have to request a refund to remove that member because they are worthless to the GPP transaction and you have previously confirmed that you will always refund registrations fees when requested to do so. We will then need to register the substituted member. OK mechanically possible albeit time consuming for both of us at this stage, BUT how are you going to be able to deal fairlywith the downlines that these enthusiastic substituted members have brought into the opportunity?
I appreciate that at this juncture we have to look for fast efficient solutions, like you came up with when you could not cope with manually registering the registration failures, providing refunds instead. This has been a quick effective solution.
Obviously it is impractical for the insurance company to re qualify the whole membership or you would not have raised this issue, so can I suggest that a faster solution is for I and my Team Leaders to supply lists of the substitutes and the Insurance Company then qualify the substitutes, a much smaller and manageable task for them. They would also have the comfort of knowing that the substitutes will produce the Proof of ID when requested to do so since they are pre pre qualified.
This approach will be fast and solve the disruption to downline problem also.
I leave for my son Andrew’s wedding on the 21st November in Sydney and will be virtually out of commission for one month. I do hope that this will not be a critical time for GPP, needing more personal input from me, since it will be very difficult for me to function properly on this trip.
I look forward to hearing from you.
It has been pouring with rain since I managed to access the forum at 4.00am, what a dreary Autumnal day. I hope your weather is bright and sunny.
Best wishes
Terry
TeamTHEMCO
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BLOG TeamTHEMCO – A milestone passed yesterday!!
“Well it was yesterday when I started this post!”
A personal post – just this once.
Those of you who regularly read this blog will know how much I love statistics. Well yesterday saw the number of visits to this blog pass the 200,000 milestone, yes two hundred thousand – amazing.
Being dyslexic and a slow two finger typist, had I been aware from the outset that by now I would have written 210 posts and replied to thousands of e-mails, that maintaining this blog was supposed to obviate, not stimulate, then I am sure that I would have thought twice about embarking on such a journey.
Indulge me today, if you would be so kind, by allowing me to restate the raison d’etre for the tenor of this blog and the beliefs on which it is based. This will be of interest mainly to new readers, but also it may jog the memory of those we have reached on a periodic basis, since inception of this blog.
Firstly a brief statement on my status, vis-a-vis the GPP organisation.
The history of my involvement is that a long term client and friend, introduced me to the GPP opportunity, being promoted by my upline Asia Moore, via her Global Freedom Family e-letter, back in the February 2006. I joined as an independent member, just like you, except that I was too old from the outset to qualify for the compensation, however I saw that if GPP could execute the logical mechanism, that supported their opportunity, then this could be of interest to my clients, family members and friends.
For the next six or so months I sat on my hands and did nothing. Until my apathy was challenged by an e-mail, sent at the end of August 2006, from Stella, the Liaison Officer for GPP, advising that the membership had reached 10,000.
This information suggested to me, that the GPP website warranted another more careful inspection, so I duly invested the time.
Before I could introduce the GPP opportunity to my clients, family members and friends, I needed some major reassurance from GPP concerning the mechanism and the Banks and Insurance company involved. Nothing specific, but what I had in mind was that a reputable International Firm of Accountants should appraise the transaction, without disclosing any names, only the Standard and Poor classification of the Banks and Insurance Company and comment professionally on the viability of the mechanism.
GPP immediately resisted this request and attempts to get support from my upline, Asia Moore, were equally negative.
I believed in the GPP mechanism and wrote, and had approved by GPP, my understanding of how this would work in practice – this became the first post that I published on BLOG TeamTHEMCO. My belief in the GPP mechanism, caused me to want to introduce it to my clients and friends, but at best I saw it as a punt and since any number of those had failed to produce over the previous years, I did not wish to destroy any long term relationships with a further failure.
The solution was to sponsor, pay for, a membership for each of my clients, family members and friends, in most instances without them knowing – anything to avoid the: “Oh no Terry!! Not another of your hair-brained schemes that won’t work.” Then wait to see how things would develop.
During this decision process I had exchanged a number of e-mails with Stella, the Liaison Officer for GPP, with many of her replies refusing to give me what I asked for. Certainly not the approach by someone perpetrating a scam, who would have taken the easy route and agreed to at least some of my demands. I asked many difficult questions and generally received an acceptable answer. My confidence in Stella grew and I undertook, as a sign of good faith , to sponsor 100 members costing €3,000.
I need to make a burning statement at this point, if only to disappoint the the internet ‘naysayers’ (as Stella calls them), soothsayers I call them, they know who I mean. These are those internet scribes with their eyes firm fixed on the crystal ball that is lodged in their inner bowel. The poison peddlers, not capable of original thought, only able to criticize the thoughts of others, whilst hiding behind some inane username or alias.
There you go guys and galls, you have been using me as a coconut shy for long enough, so pick the bones out of that.
Further to dispell another of your myths :
I, Terence John Gilder (aka TeamTHEMCO and/or Themco) declare, subject to a penalty of perjury, that I am an independent member of the Global Pension Plan (GPP) opportunity only and that I am not a part of the GPP Group, I am not a Trustee for GPP or know how many Trustees there are and I have no vested interest in GPP or know who GPP are or where they operate from. Further I do not know the names of the Banks or the Insurance Company who are involved in the mechanism, nor do I know the name of the bank who is to execute the banking solution.
My confidence in GPP stems from and comprises, my total, but total, faith in Stella, who I trust implicitly. Having established this trust in Stella, this has never waivered and is as strong today as it has been at anytime during this episode.
Sorry about that little diversion but it needed to be said, just to straighten a few people out.
To continue: Fortunately some of the people I sponsored had networking experience and within a very short while my initial 100 sponsored members began to grow. As it was the initial 100 members that had cost me an investment of €3,000 was immediately worth $200,000 in Loyalty Rewards - a hell of a return by anyone’s reckoning.
Now I am not a networker, so I decided that I would provide a support service to the networkers, in undertaking their registrations of new members for them thus accelerating the process. The question everyone asked was, when would we reach the 100K membership, so that the payout could take place. My response to this was to develop a formula, spreadsheet and graph that would enable a weekly projection to be calculated.
Cheekily I sent a copy of a projection to Stella, who in response asked me if I would supply a projection each week so that she could publish it on the GPP Forum. Naturally I accepted, since I had to do the projection each week for my embryo team, thus the TIME LINE FORECAST became a weekly feature on the GPP Forum.
During this time, Autumn 2006, it would be nothing to exchange half a dozen e-mails with Stella in a day, which provided great opportunity to put forward suggestions to tweak the opportunity, but few of these were taken up. It was also a formative time in getting to know her and her motivations.
As Christmas approached, Stella asked me if I had any ideas on how a promotion could be undertaken to accelerate the membership registrations. Not being a marketing man but being a a supermarket shopper, from time to time, I was aware that the Supermarkets used the ‘buy one get one free’ (BOGOF) to great effect.
So the BOGOF promotion was put forward and accepted by GPP to run for two weeks up to midnight on 25th December and then, due to it’s take up response, extended to midnight on 31st December 2006, This promotion appealed to the existing members and the membership was increased by 50% in this short 3 week period.
One of the ‘tweaks’ I had been promoting to Stella and GPP, was that due to the pressure on the US Dollar that the whole opportunity should be changed into Euro Dollars. We purchased a membership in Euro, to protect GPP, so why not make the payout in Euro. A currency change would not prove a problem for the banks or the Insurance Company and the return would be more valuable, to GPP and the members also.
Without so much as an acknowledgement, GPP announced that as from 1st January 2007 the Compensation and Loyalty Rewards would be paid in Euro Dollars. The 32% increase in value this change made, was thanks enough, but GPP did subsequently acknoweledge my involvement privately.
Back to the TIME LINE FORECAST and the dramatic impact that the 11,000 plus Chinese membership, negotiated by Stella, brought into play. This took place in February 2007 , or there abouts, following Stella negotiating face to face with the owner of the Chinese company from the previous July 2006.
My assessment of this deal was very positive. No Chinese owner of a large company is going to a) spend € 350,000 on memberships and b) give them to his employees as a surprise bonus, if he had not gone through the transaction and the people behind it with a tooth comb, to avoid a MAJOR embarrassing situation with his employees.
What is your take on this soothsayers – the ScamBusters. Also what scam do you know that regularly returns money to its members – sting targets – at the level that Stella has throughout the whole transaction period.
The TIME LINE FORECAST indicated that during September we should reach the 100K membership, with the possibility that it could be reached in August. Stella was getting impatient and gave an ultimatum to the membership that it had to be reached by the end of August. It was.
Sadly, pressure from some members, who sought the ability to purchase more than one pension plan, in line with other clone reverse pension plan programmes, influenced GPP and the additional 250,000 policies offered extended the transaction timetable.
Once the membership had reached the 50K mark I started asking Stella and GPP to advise members of the procedure to be followed once the 100K membership was achieved, leading to the payout, submission of ID etc., etc. GPP actually agreed that this was a good idea and that they intended to do it, including running the membership past the 100K so that any drop outs would be covered without going back to the membership to promote further. Once again it was comforting to know that GPP had also considered this possibility and thought it through.
Regrettably the procedure was never forthcoming, even though I reminded them as each additional 10K was added to the membership.
Without the need for the TIME LINE FORECAST my access to Stella has reverted to that of a normal member. I still raise difficult subjects as the circumstances dictate and am used to not getting a reply or acknowledgement.
I am very grateful to the way that members are acknowledging the work that Stella is undertaking on our behalf, by supporting the Friends of Stella Charity Fund (’FSCF’ ) Initiative. Instead of donating a measily €20 out of your €55,000 compensation a 183,333 % ROI (return on investment) make €20 into a €57,000 meaningful donation capable of supporting hundreds of disadvantaged kids for a good while.
No Scambusters, this is not a scam, all the donations are scheduled and accounted for and the Additional Policies purchased. Stella receives updates and all the donors are listed in a Roll of Donors on each update – all open and above board. The total of the fund, at the payout stage of GPP, will be withheld by Stella directly from our account, just like she will each mandatory €10 for her charity, except that it will be a far larger sum.
In conclusion I reiterate my confidence in Stella and hope that my views hold sway with you also. Give her the benefit of the doubt at all times and rely on the fact that she is working 150% in your best interest to bring this transaction to a successful conclusion. Now if you are capable, yourself – not another transaction – your own efforts, of earning a ROI of 183,333 % on a €30 investment, then go do it, if you cannot, hang loose, chill out and give the people who can the space to get on and do it. You have the rest of your life to spend it.
After all that I have said in support of Stella, I have, for me, a major beef outstanding, needing the help of all those in a similar situation. It relates to the deactivation of members, or inactivation as Stella refers to it.
This covers two areas. One the members who wished to opt out and whom many of us replaced with members who would supply the Proof of ID and two those members who were registered but the downline was never recorded and Loyalty Rewards awarded correctly, if at all.
Stella provided a precise procedure to be followed to deal with this matter, but has to date generally failed to refund affected members to enable re registrations to take place to correct matters.
On the first problem there is nothing in the T & C or the FAQs to say that we could not replace members ourselves – Stella’s position – so we should either be refunded or our replacements honoured, the latter is the least admin intensive solution. Whatever, we need the matter addressed and a posting to cover it.
So far as the lack of the correct downline and hence Loyalty Rewards are concerned, it is not our fault that the GPP website software did not function properly and it is iniquitous that refunds should be withheld in this regard. I will publish my argument sent to Stella and would recommend that all adversely affected members, write in their own words their displeasure and address it to ‘neverlands’ at the GPP Forum. Sufficient lobbing should cause him to raise the subject with Stella, since this situations needs to be resolved by GPP equitably.
Well Scambusters, you can accept the above and be man enough to change your mind, no apologies required , or you can keep inflating your ego through your orifice and call it a pack of lies, the tool kit of all scamsters. The choice is yours.
To genuine BLOG TeamTHEMCO readers, I undertake to continue to record it as I see it and go into bat for you with GPP whenever necessary.
Here’s to the future and hopefully only a few more postings concerning GPP. Thank you for all the comments of apprecition you have bestowed on BLOG TeamTHEMCO to date. It makes it all worthwhile.
Normal service will be resumed as soon as possible, I feel better now.
Finally, a thank you, to all of you who has sent best wishes to my Mother, who suffered a bad fall recently. Full recovery is looking good and I need to spend less time in nursing her, now that we can bring in the Care Service. With only 120 days to her 100th birthday and the prospect of the GPP payout within a similar timescale, she is getting appropriate TLC.
I know that this nursing stint has impinged on the posts on the blog, but I am equally sure you understand and I hope the Scambusters are suitably embarrassed, having read a tad too much into the lack of posts. Still one should not be too critcal of them, since they did not have parents.
The global.refund.december@googlemail.com address is working!!
We have been informed, that Stella has refunded a failed registration, to the member’s Liberty Reserve account, in just five days from sending the refund request.
It is good to have her back on the day job again.
What is your experience? Please let us know by writing to us at themco@gmail.com . (Positive experience only please, we do not need to know that nothing happened on Monday, Tuesday, Wednesday……etc - do we!! )
Thank you.
WHAT MEMBERS HAVE TOLD US:
“ I am pleased to report that I, and several others, have had December ebullion purchases credited to our back office within a few days of Stella posting the new email address.”
“Just thought you might be interested to know that I emailed Stella last Friday re additional policies that failed to register before Christmas. By Sunday all the failed policies were on to my genealogy!”
” Eureka!
I am delighted to be able to inform you that my outstanding additional policies have now been accredited to our account. I am sure there are many GPP members like me, who because of the various exchange system problems during December, had additional policies tied up in ‘Limbo’ and therefore, would like to offer a huge Thank You to Stella for her efforts in enabling their release into the relevant accounts. “ ( 21 APs in this instance)
‘FSCF’ – Stella acknowledges the ‘FSCF’ Initiative
We are pleased to advise you that we have received an emotional response from Stella, to our e-mail concerning this initiative.
It was exactly the response that we anticipated and embraces all those on the Roll of Donors.
THANK YOU
FSCF- Passes 12 Melons
With the advent of mobile phones, you may have overheard someone on the train or bus who you took to be a trader in Fruit and Veg.
Well you are partly right, for they were definitely traders, but not trading in Fruit and Veg.
The city boys and girls needing to get at their markets as early as possible in the day, bearing in mind they are no doubt dealing internationally, in markets that were already up and running, whilst they were still travelling to work, found the mobile phone an absolute godsend in helping them hit their lucrative bonuses.
Rather then draw attention to themselves talking in Millions, Billions and Trillions, they used code words - Melons, Bananas and Tomatoes respectively. So now you know what to listen for when ‘City Traders’ are on their mobile phones.
GPP – Summary of the current position.
The majority of you reading this blog have opted to address your liability in respect of the taxation regime that is imposed by your country of domicile. That’s fine, so long as you don’t sit on your hands, consider raising some, or all of your tax liability from investing, thus PROTECTING your ‘windfall capital’.
Use your time between now and the payout researching, say Managed Forex Funds, these can pay a net 20% per annum. Look at FXCM.com and similar Forex platforms. Please don’t be tempted to trade yourself, unless you already have a proven track record in this investment discipline, which is why we emphasise managed funds only and a more conservative return.
Do a google search on ‘currency sandwiches’ these can be a good option at various stages of the international investment market cycle. The Danish bank, Jyske Bank offer these and other interesting products, take a look at their website : www.jyskebank.dk/english/content and surf around it.
Equities, stocks and shares are not our bag, but there are portfolio managers who can put together a portfolio based on a sum of money you are prepared to invest and your personal risk profile. Risk profiles are a bit of a challenge in themselves in trying to identify what yours actually is, but talk to the experts if this appeals to you.
We bought a book, a year ago entitled ” How to Make Money from Gold ” published by Fleet Street Publications Limited ISBN NO.; 1 899964 44 4. Being disenchanted with the returns from our Premium Bond Holding - 1.75% pa, we sold half of these and invested in a little Gold and a little more Silver. The book said that “The price of gold could rise to $1,000 US an ounce, or even $2,000US an ounce in current circumstances.” The price at that time was below $600 US per once and has reached $990-995 per once and climbing. It is a good read and could have the answer to mitigating your tax liability, if the second level is achieved or even 50% of it achieved. Read it and consider the arguments in the light of current criteria.
Once payment has been disbursed we have stategies in place to test some interesting investments and if proven with our own funds we will introduce these to you also. Currently we are monitoring Currency Options, a new and exciting longer term currency investment and will try to package this, if it proves successful, time will tell. Buy to let, distressed property and mezzanine development finance, may have a role to play in your arsenal of investments and we will provide more on this also at a later date.
So you do have options to influence your future and whilst you may consider it window shopping at this stage, it is much better to be prepared than panic to undertake research, once the funds have arrived and the tax clock is ticking.
Whilst you are delving into the levels of returns, that future investments can achieve, reflect on the 180,000 + percentage investment that GPP represents and the 17% in value increase during the past year - see earlier post.
We get the impression that a number of you are hesitant about what we are trying to achieve with the ‘FSCF’ initiative. We believe you all take it as read that it is a gesture to thank Stella for all her hard work on our behalf and that the children, a good cause, will benefit from these additional leveraged donations.
Where members are concerned about how to complete the blank space on the GPP Agreement form relating to Stella’s Charity and are contemplating a small extra donation in addion to the €10.00 that is to be deducted by Stella at source. Why not send whatever sum you choose be it €20/£15/$30US to us and we will leverage these sums by buying an Additional Policy under your GPP username, so that you join the group who will be able to completed this section with the words ‘Further donation via FSCF ‘ or words to this effect.
An exceeding small number of the readership so far have pledged and donated small sums that have been leveraged to over €11 Million in as many days, so turn any sum you choose into a very meaningful amount.
Please send pledges to themco@gmail.com and we will advise you where and how to send your donations.
Once again we would like to acknowledge members support of this inititaive and to thank you for your very kind comments.
In conclusion, we would like to voice our own thoughts on the GPP banking solution. It is our view that the GPP Banking solution is very far from being a done deal. GPP, or a third party, still have to secure a Banking Licence. Does this banking licence qualify them as a clearing bank? If it does not, then it is our opinion that they will have to access the electronic interbank SWIFT payment system via a correspondent bank.
Our argument is that this will make the correspondent bank the disbursement bank per se. Now if GPP was not able to find a bank prepared to be the disbursement bank previously, then they will have exactly the same problem getting a correspondent bank to do it. Therefore we have to hope that they are setting up a bank with in house ‘clearing’ capabilities.
We cannot help feeling that GPP are going to have to revert to the original approach of the funding bank disbursing to our own bank accounts rather than to the banking solution bank. However that said, there is little difference between the lending bank disbursing to our domestic bank account or to the account that Stella will set up in our names in the banking solution bank, since either accounts receiving the GPP funds, will be in our names. As we have said previously, as soon as we receive the funds into our personal names, then we become liable for any taxation irrespective of which bank disburses the GPP funds or where it is in the world.
If we have got it wrong, no doubt some of you will tell us, but Hey! we are big boys with broad shoulders and as we have said before, and we do like saying it, ” Opinions are like bellybuttons, everybody has one “.
May your investment researching prove worthwhile
Definitely half full not half empty
We all want the GPP transaction to complete and for us to be paid out.
We hate the time it is taking, since it is impinging on the new lifestyles we are waiting to launched.
Half full…….
Over the past months the Euro has increased in value against GBP ( £) and to a greater extent the USD ($US). The Euro is currently worth 76.78P an increase of 11P or 17%. An increase of 17% in a year represents a very respectable return on our investment, roughly three times what we could have got from a bank and nearly offsets any tax liability.
On the subject of taxation, UK members can view the benefits of a protracted completion from another beneficial standpoint. The 5th of April approaches and the pay out is unlikely to take place before that date. This will give us the best part of a year to invest, however much of the GPP money we can lay our hands on, to mitigate any tax that will be due at the end of the year.
FSCF – Momentum building……
Please note: The usernames of the donors will appear on each of the updates forwarded to Stella.
If you wish to contribute to this initiative, please send an e-mail to themco@gmail.com so that arrangements can be made for you to make a pledge, in advance of sending funds to buy an Additional Policy. The purchase of each Additional Policy will benefit the fund, and hence the children, by an additional €57,000. This is how the fund can grow so quickly. Thank you.