Current State of affairs

As things are ASD are having issues as have most other companies in the US, they have been charged of operating a ponzi, which has been a surprise to most if not all involved... As of august 1st, their site has been down and remains so at present until further is released regarding its status, it can be viewed as non fuinctioning.... it had such potential!!

PSX has been going through its usual fiascos, compounded with the recent E-Bullion issues members are left to ponder when and if they will ever receive any payments this side of the summer, anyway, there was a recent poll to decide new payment options and suffice to say, alertpay, solid trust pay and bank wires were the options to process payments at present... but here is the twist as rightly stated by one of their members and here is the usual bs from the admin

The BPO already registered an account to be used for processing SolidTrustPay and AlertPay payments. They will be contacting these companies shortly to verify our account and verify whether they can handle large amounts of funding and identify other things (such as security, maximum amount, site owners, other services) which can be provided by these two e-currencies. Since our transaction with them involves a very considerable amount, it is important that the BPO conduct the same Due Diligence done with e-Bullion.

They are still working on resolving Bankwire issues which was initially available for Philippine members only.

and the words of a member

its not only about the BPO being verified, we also have to consider that they need to have funds wired to the various processors.

Given the official time table as stated by the various payment processors, lets assume that the BPO takes 2 days to get their docs together, they take another 3 - 5 days to get verified, then it takes another 3 - 5 days for funds to be wired to the payment processors, we are realistically looking at 8 - 12 business days before anything substantial starts happening.

Also, we need to remember that the virtual office is not ready, and they would need to verify the amounts and accounts being paid, and we do not yet know how many months payments will be processed nor how long the entire process will take place, so although its good to see some progress, realistically I dont see anyone being paid for another 2 weeks at the earliest Sad

So there you have it, lets see what the future holds.

PS: I should be having more time nxt week to resume FT trading, so less time and efforts can be spent following these ridiculous programs and their promised

the knarf one