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This is the latest update dated September 14, 2012 @ 3:00pm.
We again than you for your patience and for being valued members of the welath4allteam family. We love and appreciate all of you and understand that it can be very unnerving to not have information and that’s why we are asking that you use these updates as a way to be informed of the activities and actions we are taking to move forward with all our membership. This message is being broadcast via email, Skype and a recorded line. We have also created a link of the recorded message for those members overseas that cannot dial into the call system.
First, let us touch on some general information. Some of you have been asking about the money that is in I-payout and your access to it. I-payout was temporarily disabled for the same reasons that we disabled the ability to deposit or withdraw from the wealth4alltem.com site. I-payout is an extension of the e-wallet system and if we allow withdrawals and deposits from I-payout, it would not allow us to do a complete accounting of the system and it would also unfairly allow some of the members to withdraw funds while others cannot. That is the reason why I-payout was temporarily stopped from doing transactions.
Also, as of this morning, September 14, 2012 at 9:00am, all the people that had sent a deposit from their bank account or credit card to I-payout since the time we closed the wealth4alltem.com website and then found their funds locked up, those funds have now been released back to their bank accounts or credit cards so that they are not part of the accounting we are doing. For those affected, please allow up to 5 business days (not counting the weekend) to see those funds back into your accounts.
Now, there has been a lot of speculation as to what our members will receive as a cash-out from the current system. Here are some of the questions: are we paying them for the amount of money deposited to buy TAPs, are we paying their Current TAP value on the system, are we paying on the amount of TAP’s they have as profit, If they have taken more cash out of the system than they deposited, are they then considered paid out? Again many questions and the best answer we can give you right now is, Yes to all and We don’t know.
The payout has to be done fairly based on the situation of each individual group. For example, members that just recently came into the system (less than a month) regardless of the amount of money they used to purchase TAPS, cannot be treated the same as someone that has been in the system for three months or more since the young member has not had the ability to grow his account by re-purchasing TAPs thus if we were to cash them out via the current TAP value, they will lose money. Those people will have to be cashed out by looking at the amount of money deposited for purchases, minus any withdrawals and the difference returned to them.
Each group has to be looked at and treated differently. Also, after we do our first round of accounting and see how to make everyone whole, then we would have to decide if there is any extra that we can do for our members. For example, paying some of the profits so that they can end up ahead. This process, based on where we are right now, could be completed towards the middle or end of next week. Keep in mind, that this is based on us working without interruptions and also taking care of finalizing details for the new company. Please help us complete this work by not sending emails asking questions and privately skyping us for answers as all the time dedicated to answer those is time taken away from doing what we have to do.
We also ask that you please keep it positive in the social rooms on the internet. We understand that emotions are running high for those of you that don’t have much experience with us but the truth of the matter is, If we really wanted to scam everyone as some have implied, we could have just shut the site down and be gone. We do not work that way. We have always made it right and fair for everyone and we will do the same this time around. The fact that we are communicating with you and keeping you informed, should be proof of that. Why would we jeopardize losing 75,000 members for our new project by scamming you now? Does that make any sense to anyone? Again, please allow us the time to get things done the right way.
Another important item, there has been an email floating around asking our members to join a site called wealthlot.com. Let us be perfectly clear; WE DID NOT SEND THAT EMAIL. The sender forged the TO field to look as if it was coming from us, but it is not. We are investigating and will have our attorneys communicate with those people to make them stop immediately or face legal action. Beware!
As far as all the new programs coming with project genesis, we can report that we are still on target and we are planning on delivering more concrete information very soon. Timing is of the essence for everything we are doing and in order to create momentum for everyone, we must adhere to a specific schedule so that we do not dilute the information and have an adverse impact on the new project.
Some of you have asked if we are going to use the value of TAPs on the new system and or how much money will have to be deposited to get started on the new project and I believe the question is based on a misunderstanding of what we are doing. The new system will not require deposits and it will certainly not be a passive system which is what gets so many internet businesses in trouble. The new system will allow new and seasoned internet marketers to make a lasting and growing income based on growth and sales. Please, don’t speculate on that as of yet, but wait until you hear what it is and how it is going to work. Information will start flowing soon.
Well, we hope we have covered most of the important questions out there right now and we will keep communicating using all the methods mentioned above to keep you updated. Thank you and have a great day !
Here is the information on how to listen to the update call and link:
Update call: 1-530-881-1399 pin number: 981-832 #
Link to listen to the call online: http://tinyurl.com/update-
Sincerely,
Wealth4allteam Management
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