If anyone signed up for Forex4Free needs the $.02c to confirm their Cosmic Pay account please let me know and i’ll send it over to your account. My email address is firstname.lastname@example.org
Think once they get enough members who have done that and sent over the right information they will be sending out the agreement forms.
Just wanted to bring the latest communication to the attention of anyone who originally registered for this programme. Heres the latest email;
VERY GOOD NEWS !!!
we are finaly starting now and this is true. Until end of August we need to pay all accounts and ALL Ref commisions.
1. You will get 2500$ for biz account and 2500§ for org account
2. you wil get 500$ extra later for EACH REF who gets active now
3. you are able now to sponsor more users because it seems we have no enough
first in first out, so you need to hurry up with next steps
4. You need to inform everybody who is still interessted in this, this is your last chance and we have only this Forum Newsletter, from here it needs to go to everybody.
WE NEED NOW
1. Accounname .biz and .org
2. Your confirmed Cosmicpay Number
3. batch of test transfer 0.01 €
to get the Batch Number you need to send us 0.01 EUR = 1 cent to our Cosmicpay Account number C71508700 , this is nessesary for security reasons.
We know that some users may say that we only want this one cent, if you think this way you better keep away.
4. We will send you agreement
5. Sign, scan and send back
6. we transfer the money
7. further steps
PLEASE REALLY HURRY UP WE ARE RUNNING TOTALY LATE
Just wanted to clarify a few things re the scheme i mentioned last night – seems i raised more questions than i answered. Main question is why would someone or a group of people want to do this – someone suggested to me that it may be a tax avoidance ploy in that they’re going to take a percentage of profits from all these accounts they have funded in the first place which may be classed as ‘gifts’ & non-taxable. The site, though, in the FAQ’s seems to suggest that large players in the market suffer from brokers ‘stop loss hunting’ and a lot of smaller accounts would avoid this. I dont know enough about either of those scenarios to offer an opinion but i’m sure some of you guys do.
I also just wanted to confirm the order of what actually happens regarding setting the accounts etc up;
First thing to do is get the account set up with forex4free – will probably come up in German but there is a link on the home page which takes you to a ‘link’ page for the English version.
You then need a Liberty Reserve account which is where the funds will (hopefully) eventually be paid.
After about 3 days your account balance with free4forex should show the $500 deposited & you then need to deposit that into your liberty reserve account. This is done from a link on the home page. From then on the balance should begin to grow & as well the growth from trading you get $25 added to it for every person who joins via your referral link. This helps you get to $1500 quicker which is the point at which you transfer the money to a brokerage account.
This is then traded up to $7500 at which point anything over & above that amount is paid to you as profit with 25% taken by the original benefactor.
As i say this is my understanding of it taken form the information on the forum here so & its definitely worth registering on there. It may well not amount to anything but my attitude is that all i’m giving up is my email address and a few minutes registering on the sites.