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Invest. Clubs Archive 5
Welcome and please feel free to share info on Investment Clubs for the benefit of all bloggers. Please keep the content of a high quality and of course humour is required from time to time. For older comments on this Page (Investment Clubs), please view the ARCHIVES under categories in the side bar. During the archive process, note that comments numbers unfortunately will be adjusted.
Kevin said
This page is now an archive. Please now cease from posting on this page. Please use the main page “Investment Clubs” in page headers.
RedP said
K @ 1123
K!! You have seen the light my friend. Misery loves company, llow dem mek dem tan ova deh!!
Madre said
Olint-for-Life, so they must not be sued or held accountable? Real hypocrisy.
K @1123 Let them push their negative agenda, I hope they have a lot of money stashed ( in their bank account)to help their family and friends. They may have to re-negotiate their salaries from their boss to run “the propoganda machine” to help their family and friends when they convince those same people to help to keep their money on ice.
Frozen money is as good as no money if it stays frozen forever. I ask again,do they really want their money? or do they want noone to recover their money. Another question comes to mind: Is it the unregulated schemes they are fighting against or is it the investors who happen to be customers of the banks? Wake up people, wake up.
Olint-for-life said
Anybody find the bus getting slower.
Maybe it needs some servicing, like change of oil, or fuel getting low, or tire pressure low?
Olint-for-life
Olint-for-life said
Madre @1122
My only explanation for this, is that the Regulators call them (banks) in for a closed door session and read the riot act to them. Tell them straight up that if they continue wid dem tings, den is hell and powder house to pay. Dat way dem fall in line very quickly and try to avoid a recurrence.
Problem though, is that they keep silent about it in the public domain so as to avoid the affected people knowing bout what they said to di banks, and so avoid the many lawsuits. (LOL)
This is the hypocrisy of the big man all round.
Do you think any of us could a get weh wid anything like dat?
Olint-for-life
K said
Madre / PEI – don’t listen to the cass cass, negative news in light of NO official news or cry of laundering.
FACT: no matter how many people bad mind or seek to “rally” others against DS and O. I believe if there is no proof of such then he can’t be charged. So work unno obeah if unno like that ain’t gonna help.
The truth shall set us free soon enough, either good or bad.
SO mek the likkle gillopy renegade spy bus gwaan with them calls. that’s all they do all day long. I don’t know how so many of them chat fart over there all day long like they have ANY proof at all or anything official from authorities. To me their yapping is crazy. If they had official word as in the case of cash+ I could understand but they have nothing but hear day, rumors and speculation. The last time I checked none of those 3 can stand up in a court!!!!
nothing official den just kip yuh corner!
Madre said
Olint for Life, another thing, how come no checks and balances were put in place for those poor rejected business plans that were used by other sinister bank people. This was widely spoke about in the past, yet no “regualator” or “regulation” tried to help these poor people to get justice.
I guess the “dark, sinister” ones are trying to win again.
chilly said
Olint-For-Life @1112,
Thanks as always for your diligence in bringing us these links.
Madre said
The sad thing is , DS’s failure is Jamaica’s failure, so maybe they need to see our economy slow down until even them the cusy non-investors start losing their jobs. Well maybe not them but maybe their brothers, sisters, mother, father. Why do we have to be so short-sighted.
Price-Mart empty these days and many businesses reporting slow sales. Anyway, trust God for only he can help us.
Olint-for-life said
Those naysayers negative ranting reminds me of the earler days when banks usually tell people seh dem business plans just can’t work.
And after di people dem lef feeling bad that dem couldn’t get di money fi borrow to start dem business, it is the same bank that tun round, and take dem same business proposal and implement it for themselves.
NCB – guilty, gulity, guilty!!!
Those people must have a very sinister and selfish motive to want to see David fail very quickly, like now.
Olint-for-life
RedP said
Typical jamaica!! Guilty until proven innocent!! Backward ass set of mofos!!
Madre said
PEI, and furthermore, the more investigations, the longer things seem to be taking for people to recover their money.
They keep saying, him not paying any money but still lobbying for more and more charges. Haven’t these investigations (which have not found anything incriminating) been slowing down the delivery of investor’s money.
How can money be paid when assets keep getting frozen to facilitate investigations. Then people say “pay us our money”. Do they really want their money or is it something else that they want.?
PEI said
Olint for life what i find intresting is how so much people who NOT in the club pressing people to call police to lock him up. Them claim if you do that you more likley to get back some money. Now investigations going on and police dont say they have anything to charge him for yet. But them pushing for people to say he commit fraud.
Madre said
Good idea ReP, I don’t think he would mind. By the way, has anyone tried finding the #4 bus by googling the address? I keep finding the pop down robot.
It’s a good thing that I saved this address in favourites or I don’t know if I would be able to get on the positive, God fearing bus.
RedP said
Maybe we should add him to the prayer bus. Did you notice his email address??
Madre said
Good Morning all,
Thanks for the link Olint for Life, I am so busy sometimes, I don’t have time to catch up with the newspaper but usually pop down robot prints anything printed regarding investment schemes.
I wonder how they missed this one. LOL. What a way they are now trying to rally people to get DS on fraud charges, saying that’s the ony way they can get their money. Yes guys, try to bring more charges against him and maybe your great grand children might see your money. LOL.
It is said that he has court on Monday to unfreeze his assets or charge him and on the brink of this happenning our learned friends want to rally people to bring more charges against him. Once again, I say Hmmmmmmmmm. Prayer Bus hold tight.
Olint-for-life said
Today’s Gleaner has a letter in public support for David Smith/Olint
Read it here:
http://www.jamaicagleaner.com/gleaner/20080808/letters/letters7.html
Olint-for-life
Very Positive said
SNB,
The exotic Western I did this year visited Grand Cayman, Cozumel, Honduras and Belize. Yes indeed, they are all nice. I went on the party ship Carnival this year, what cruise line did you go on?
Stress now Blessed said
Very Positive…Nice, wasn’t it? When I did the Western some years ago, what fascinated me most was the fact that I go to come off in Jamaica and walk round…Gosh that felt good.
Red P…Thanks for the warm welcome back…I naily lost at sea cause I when di ship stop a Grand Turk, mi was a try to find T&C pon to no end. Mi even find one Jamaican, yes Jamaican in a uniform as working as the maintenance for the beach area and mi ask him how him can carry mi to T&C to go look for Mr. Olint and come back before the ship leave and him laugh mi to scorn.
STOB neva come wid mi…unless she come and mi nuh know, cause dem did have one very out of order Jamaican lady a mek whole heap a nize one mawning cause har egg was runny…a wonder if a STOB? She did dress lika puss back foot just like how SOTB woulda dress.
SOTB…SOTB OOOHHHHHHH….weh you deh? You have everybody worried bout you ….HAVE SOME MANNAZ MAN TOUCH BASE WID YOU SIBLINGS MAN AND MEK WI KNOW SEH YOU ALRIGHT…YOU GONE PON CRUISE, YOU INA HOSPITAL, YOU GET YOU MONEY, YOU JOIN DI OTHER BUS…SOMETING…YOU TOO OUT OF ORDER!
RedP…A wonder if she tek “Peace, be still” literally and sit down and still and peacefully? AWEEEEAAAAAAKKKKKKKKKKKKK.
I know if SOTB still out there she gwine defend it now.
RedP said
Sorry di mannahs!!
Mawnin’ good ppl!! This is a new day!! Rejoice and give thanks!!
VeryP!! You too?? Welcome Back!!
RedP
RedP said
Backside SNB!! How yuh mek we fret so!! We did tink se yuh did loss a sea!! Welcome Back!!
SOTB Hop off the bus same time you did. She di go with you?? If not I hope she alright cuz she jus disappear, braps, jus like dat.
RedP
Prayer Bus anyone?? mail me at
olintdude at gmail dot com or
cjb at cwjamaica dot com
Very Positive said
SNB,
I just came back from doing the exotic Western Caribbean Cruise..this is about my 8th. I totally agree with you…it is a must. As a matter of fact this is what I do….I am a Cruise Specialist…I put groups together and send them off.
Stress now Blessed said
HAIL siblings!
I am back from my exotic Eastern Caribbean Cruise..it was just what the doctor ordered…yes I ordered that for myself
For those of you who have never curised, it is a must do. I am going to describe that as soon as you get the first payment from Oling or MD…plan to cruise..easteren/wester Caribbean, Mediterranean, European..They are all great!
The last stop was Grand Turk…I started thinking if that was Grand Turk, I wouldn’t want to see Little Turk…NUTTIN! The ship didn’t stay there long or I would have taken a tender of to the T&C to see I could have dialogue with Mr. Smith, Mrs. Smith, Mr. Misick….Tito anybody with information.
Keep the faith…Peace, Be Still!
Anyway
V Happi said
If liquidity is a problem it would be a good reason for the”gag”
Olint-for-life said
The point is V Happi, given the serious problems that Wachovia has been having over the earlier part of this year to the present, in addition to the due diligence that we heard of during said period, and to top it off, the coincidence of the freezing of funds just when we were told that funds were to be released (July 11), the question in my mind is,
Is there a possible explanation of why Olint had not been able to get its funds being tied to Wachovia’s liquidity problem?
Only time will tell if there is a connection.
Olint-for-life
Olint-for-life said
The point is V Happi, given the serious problems that the Wachovia has been having over the earlier part of this year to the present, in addition to the due diligence that we heard of during said period, and to top it off, the coincidence of the freezing of funds just when we were told that funds were to be released (July 11), the question in my mind is,
Is there a possible explanation of why Olint had not been able to get its funds being tied to the Wachovia’s liquidity problem?
Only time will tell if there is a connection.
Olint-for-life
V Happi said
Hmmmm….worried
Olint-for-life said
V Happi #1100
I heard there is a serious liquidity issue with this bank.
Olint-for-life
V Happi said
Good evening
Olint-For –Life #1088 & 1089
This history is important. Come straight….is liquidity a problem?
RSI said
Well if u beleive the “leaked email ” DS was trading 50% of margin and not 20% which is the rule
Billy said
@maria- we all frustrated so mi undastan.
@geotrdr- thanks for the fx mats.
I would love if someone could answer this one:
Did we not all get indication at initial signon with olint that DS risked only 20% of invested sum? (i.e. principal)
So wat dat mean?
Did he reformulate and use his more evolved mats brain to seh When im lose 20% yesterday him trade 20% of the balance etc til di money done?
RedP said
Madre I cant check CW mail account till tomorrow. If its urgent mail me at olintdude at gmail dot com. I can access that now.
Hey Pat! Whats happenin’ ay?!
Later
RedP
Maria mi a joke yah, yuh jus sound impatient like mi wife!!
Yuh sure yuh not mi wife a blog pon di #4?? Yuh likkle bit and pretty and can chaw fyah when yuh ready?? If so den yuh mussi mi wife!!LOLOL 
Geotrdr said
Wait wait! The numbers in my example are incorrect, should be 110.00 and Stop loss at 109.80. I wasn’t good with #’s in school like DS
RedP said
Maria your so caustic!!
Geotrdr said
I don’t think anybody wants to put their head near DS other head right now. The Feds getting ready to ram something else into a near by orifice.
There is no “trick” when it comes to setting stop losses. Basically it is setting at point at which your trade will be closed should your trade go against you. For example if you by the USD/JPY pair at 110.00 you may set your stop loss at 110.80. Just because you use stop losses does not mean you will not have losing trades or always come out on top.
maria said
people when yu post di long $hit di majority a wi naw go bother fi read it. yu nuh undastan dat by now? lawd man !!
Billy said
Next thing now.
I dont know jack about forex trading. but i have read that there is some stop loss trick when you are losing.
so should we really believe that for over a year DS never hear him computer a beep?..
mi hear seh him was a maths brain from high school and him numbers smart.
we expect him to lose now and den but mi believe money deh deh is just a matter of how much.
im might mek some mistake here and there, use some a wi $100 bill sometime as tip inna club but mi refuse fi believe him lose all of wi money and still was a party like a rockstar.
Billy said
Who watch Swordfish with John Travolta???
If you have, do you remember the scene when the Hacker was made to do his first Hacking for John with a gangster over his head and a woman working on his other head?
…If DS really love the go go thing we need to set up a flex like that, put him in front of a computer and mek him trade us out of this despair.
…as soon the remaining funds are unfrozen.
There is no way Lord Gifford would be working if DS did not have money!
Geotrdr said
1066
Sir PEI,
I hear you but no need to kick yourself, just move on. You can still learn now if you want to.
Olint-for-life said
This Wachovia Bank was having some serious problems over the period leading up to the present.
Read the full blog postings here:
http://bankimplode.com/blog/2008/07/22/wachovia/
Read some of these blog postings specifically dedicated to Wachovia:
2008-07-22 Another Loser:
Wachovia has written down another $6B, nicely tying in with the bank’s $9B loss in the second quarter. Wachovia reported the results the morning after their wholesale mortgage origination imploded.
Consistent with previously announced expectations, Wachovia today reported a net loss in the second quarter of 2008 of $8.9 billion, or a net loss of $4.20 per share, including a $6.1 billion noncash goodwill impairment charge in commercial-related subsegments reflecting declining market valuations and asset values. The goodwill impairment charge has no impact on Wachovia’s tangible capital levels, regulatory capital ratios or on liquidity.
1. Tally for Write-Downs/Charge-Offs: $6.8B + $6.1B = $12.9B
2. Tally for cash raised: = $10.5 B
3. Current level of Level III assets at $30.4 B
4. Current level of loan loss reserves at $4.2 B
We now sum all the distresses to get the Wachovia’s current Misery Index of $50.0 B
2008-07-17 Busted:
As states with disappearing tax revenues become more desperate for funds and less compliant to CEOs, the legal system may bring all its guns to bare against the big banks. This is something the bankers will have to nip in the bud. Let’s see how they do it.
2008-07-11 Sunk:
Wachovia’s actions scream that the bank is BEYOND RESCUE. By appointing a new CEO whose only qualifications are connections and only talents are subterfuge, the bank has admitted that the damage of the Golden West acquisition is fatal.
2008-07-01 Turnaround:
Wachovia’s interim CEO, Lanty Smith, went cheer leading employees to cut costs while the bank canned its “Pick-A-Pay” loans program. In doing so , Wachovia finally admitted what we all knew: the deal for Golden West was a bad one. What we don’t know is just how bad it will be for how many people it will be bad.
Additionally, we noticed from the table on page 88 of the bank’s May 12, 2008, 10Q filing that Wachovia contends with a hefty $30.4B of level 3 assets.
2008-06-02 Good Riddance:
After Wachovia’s board covering up losses that continue to pile up, shareholders have finally forced the removal of CEO Kennedy Thompson. The action portends more losses coming in the second quarter.
2008-05-22 Write-Downs Count of a Different Sort:
We have been keeping a running tally of write-downs and other credit-related distress taken by the major banks since 2007. But here comes a write-down count of a different sort, how much in write-downs and credit losses firms have written off per wholesale banking employee.
Wachovia – $7B, 3,900 employees, $1,794,872 per employee
2008-05-20 – Falling:
What were the doubled losses reported below due to? Well, it turns out that Wachovia tried to profit by taking out life insurance on their employees. These polices, known as Bank-Owned Life Insurance (BOLI), now face losses because the policies held the same types of investments that have gotten killed in the credit crunch. And guess what? They’re still getting killed.
2008-05-06 – Double The Losses:
Wachovia reported fiscal third quarter (Dec07-Mar08) earnings, stunning investors with a loss nearly double what it had warned last month. They also reported write-downs in the quarter of $2B and said they raised $8B in cash.
For all of fiscal 2007, Wachovia’s write-downs amount to $6.8B while the bank has raised over $10.5B in cash.
2008-04-30 – The Wachovia Matrix:
In a document obtained by the Mortgage Lender Implode-O-Meter dated April 29, 2008, Wachovia produced a matrix increasing minimum credit scores and dropping LTV’s, most down to 65%. An example: Owner Occupied, Rate & Term Refi, Quick Qualify, minimum score 700, Max LTV/CLTV would be 65%. The matrix includes 8 little notes that further detail specific restrictions.
2008-04-14:
As expected, the news is in and blood is on the street as investors punished the stock down 11% to under $25. The write-downs due to subprime-related mortgages were $1.6 billion and
The corporate and investment bank lost $77 million, the second consecutive deficit after a $431 million loss in last year’s fourth quarter. The unit earned $550 million a year earlier. Wachovia cited $1.6 billion in writedowns of securities that included subprime and consumer home loans, commercial mortgages, consumer mortgages and leveraged buyouts. Revenue at the unit declined 54 percent from the year-earlier period.
2008-04-13 – Wounded:
As reported below Wachovia was to report first quarter earnings on Friday, April 18, but an emergency operation has forced that up to tomorrow. This comes after the $8.3 billion infusion just two months ago and reveals that Wachovia, like WaMu, is wounded much worse that anyone had realized. Look for a big change to the $3.2B write-down total.
Olint-for-life said
Heads up guys.
Wachovia Bank that Olint banks with is facing serious financial problems.
Extract:
Three rating agencies — Moody’s Investors Service, Standard & Poor’s and Fitch Ratings — downgraded their ratings on Wachovia’s debt, citing increased expectations of losses in the bank’s mortgage portfolio and its reduced flexibility to raise new capital.
Read the full article:
http://biz.yahoo.com/ap/080722/earns_wachovia.html
AP
Wachovia loses $8.9B, cuts 6,350 workers, dividend
Tuesday July 22, 2:12 pm ET
By Ieva M. Augstums, AP Business Writer
Wachovia slashes dividend, jobs, to shut mortgage unit after $8.86B loss in second quarter
CHARLOTTE, N.C. (AP) — Wachovia Corp. reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street’s hopes that the nation’s big banks are weathering the credit crisis well. The bank said it lost $8.86 billion, is slashing its dividend and eliminating 10,750 positions after losses tied to mortgages soared.
Even excluding one-time items, the results substantially missed analysts’ estimates.
But by the afternoon its stock joined a modest Wall Street rally and rose as much as 13 percent — after its shares sank to mid-1991 levels in premarket trading, and after Wachovia’s new CEO said he plans to cut $2 billion of expenses by the end of next year and sell parts of the fourth-biggest U.S. bank.
Its shares rose $1.19, or 9 percent, to $14.37 in afternoon trading.
“Our reported results today are clearly a disappointing performance for which we take responsibility,” said Wachovia’s Chief Executive Bob Steel on a conference call with analysts. “We are serious about getting on top of these issues quickly and we believe we have a good grasp of the challenges facing the economy, the industry and Wachovia.”
Three rating agencies — Moody’s Investors Service, Standard & Poor’s and Fitch Ratings — downgraded their ratings on Wachovia’s debt, citing increased expectations of losses in the bank’s mortgage portfolio and its reduced flexibility to raise new capital.
Wachovia said it lost the equivalent of $4.20 per share in the April-June period. In the same timeframe last year, the bank earned $2.34 billion, or $1.22 per share.
Excluding $6.1 billion in write-downs to the value of its intangible assets and merger-related and restructuring charges of $128 million, Wachovia lost $2.67 billion, or $1.27 per share. Second quarter results include the bank’s October acquisition of A.G. Edwards Inc., which the bank said the merger is proceeding as planned and is 40 percent complete.
Analysts on average expected a loss of 78 cents per share on revenue of almost $8.4 billion.
Earlier this month, the Charlotte-based bank had projected a $2.6 billion to $2.8 billion quarterly loss, equal to $1.23 to $1.33 per share, excluding goodwill items.
“Wachovia’s new management has pulled its head of out the sand and is fully acknowledging the problems not challenges,” said Bart Narter, senior analyst at Celent, a Boston-based financial research and consulting firm. “While the company’s wealth management, corporate and investment banks, and capital management groups all had more encouraging results than the general bank, the general bank is the bulk of Wachovia and it isn’t performing well.”
Wachovia cut its quarterly dividend to 5 cents per share from 37.5 cents, which will conserve approximately $700 million of capital per quarter. In April, Wachovia slashed its dividend 41 percent.
Steel, who replaced ousted Ken Thompson earlier this month, said it was “clearly prudent and necessary” to further cut the dividend.
“While this is a difficult decision, it is the best course for our shareholders over the long term,” he said.
Steel said the company is moving to “sell selected non-core assets” and reduce the number of business customers who only use the bank for loans rather than other services. Wachovia expects to cut expenses during the second half of this year by $490 million and then reduce 2009 spending by $1.5 billion.
As part of that plan, Wachovia said it would lay off 6,350 workers, affecting more than 5 percent to fits roughly 120,000 employees. A majority of those jobs will come from the mortgage area, Steel said.
Wachovia also said it will also eliminate 4,400 open positions and contractors. The bank has already cut 2,000 retail mortgage jobs, it said.
During the quarter, the Wachovia boosted its provision for loan losses to $5.57 billion from $179 million a year ago, and added $4.2 billion to its reserves for bad loans.
Results also included a $975 million charge related to the tax treatment of leveraged leases, $936 million of losses from disrupted capital markets, a $590 million charge for other legal matters, and $391 million of losses on securities sales.
Wachovia’s current problems stem largely from its acquisition of mortgage lender Golden West Financial Corp. in 2006 for roughly $25 billion at the height of the nation’s housing boom. With that purchase, Wachovia inherited a deteriorating $122 billion portfolio of Pick-A-Payment loans, Golden West’s specialty, which let borrowers skip some payments.
Wachovia’s increase in loan loss reserves included $3.3 billion related to the “Pick-a-Payment” mortgage portfolio. In April, the bank tightened underwriting standards, and last month it stopped offering an option on “Pick-A-Payment” loans that let borrowers pay less than the interest owed. On Monday, Wachovia said it will stop offering home loans through brokers.
Wachovia said it is setting aside $10.96 billion for credit losses, up from $6.77 billion in the first quarter and $3.55 billion a year earlier. Net charge-offs, loans it doesn’t think are collectable, increased more than eight-fold from a year earlier to $1.31 billion.
Profits in consumer and business banking, Wachovia’s largest unit, fell 23 percent to $1.12 billion, hurt by rising credit costs, mainly for mortgages.
The corporate and investment banking unit had a $209 million profit, down 73 percent, reflecting write-downs tied to subprime mortgages, commercial mortgages, non-subprime debt and consumer mortgages.
Capital management profit fell 5 percent to $297 million, hurt by the liquidation of an Evergreen Investments fund, while wealth management profit rose 9 percent to $98 million.
Madre said
RedP, check your e-mail.
Patricia said
Hey folks!!…How were the various Independence Day events??
LRC, trust me I have no intention of jumping anywhere, other than when I jumpin’ an wavin’ ma flag !!
Anyway its been all good.
Peace
RedP said
Hey DSilver, check ur mail!
d_silver_lining said
lol…yea, well we all under pressure, some more than others…but he seemed OK at the beach. Saw him chatting with friends (most likely ‘O’ talk hahah)
Redp said
Saw dean near port royal while I was helping a friend who got in an accident. Dean stopped to see if a ok. To me dean looked different star. last I saw him down shortwood him never looked like that. Mi know him under nuff pressure still man. Either that or my eyesight getting bad.
d_silver_lining said
RedP…which director did u see “Dean” or “Brian”?
d_silver_lining said
Saw Dean (a Director of WilShaw) at the beach (Lyme Cay) yesterday….looked fine to me!!
LRC said
Guys someone just shared this with me and I think it would be good to share with the bus and prayer warriors.”To get something you never had, you have to do something you never did.” When God takes something from your grasp, He is not punishing you but merely opening your hands to receive better. “The will of God will never take you where the Grace of God will not protect you”. I believe something good will happen.
I think God has given us each other and it is truly a blessing to have this #4 bus on this route.
Have a peaceful and blessed afternoon y’all.
Redp said
LRC 1078
Respect LRC. Dont worry, Everything criss wid Patricia, she just busy with wuk and fambly.
Guys I think we should pray for the pigs as well. I saw one of the wilshaw directors yesterday and I almost didn’t recognize him. Yow, the dude looked almost 10 years older man!! Have Mercy Fadah in dem yah tryin times.
Peace and Love
RedP
LRC said
PEI @1067 No one pay me any attention on di bus but I am so grateful for all of you people who write on this blog. It gives me some highs and some lows. I am in the same predicament like you the worse not even a phone call my pig will take from me. No communication.
Red P thanks for the prayers.
Floridian hope you will give mi a bligh and mek mi one a di distributor for the new meds.
Where is Patricia? Still by the lake or she Jump? Red P and Floridian u may have to send out a search team.
To All keep it going. Peace
RedP said
Can somebody help the WW ppl please. Anyone in the know as to how to connect up? Come on guys we are all in this together remember?
D-Mac said
Regarding the WW portal, i’m still a little confused. I submitted a ticket but up till now i haven’t gotten an automatic email with info. However, i was able to log in, change password and create a request entering personal & banking info, etc. Is this auto response critical for processing?
RedP said
Heads Up again Prayer Bus!! Urgent!!
RedP said
JahB Wha gwaan iyah!! What was June rate again?? 36.23%??
jahbilly said
Redp
From here on the rate will be fixed at the June rate.
Ah so it mi idrin
FuzzyOriginal said
Depends ww paid 6%. Let’s see if we can collect.
Island Girl
If you are working from a work computer, sometimes yo may be blocked because the proper script is not in your computer. You may have to do it from home or another computer.
RedP said
Anybody know what the gains are for july??
Joke yah!! Nuh beat me up!!
jk said
ww portal open working for me
RedP said
PEI @ 1067
PEI take heart my friend, I know times are hard and frustrating, I’m in this with you all as well. I just wish that some how I could give you the peace that I have but I cant. I can direct you though if your interested.
BTW In all circumstance (hardship, trial, tribulation, frustration, sadness, joy, happiness, good times), give thanks.
RedP
HEADS UP PRAYER BUS!! Email
Prayer Bus, Join up at cjb at cwjamaica dot com or olintdude at gmail dot com
Island Girl said
Is anyone here having problems getting onto the online portal for WW. Can’t get to the website link they have given in the email. I get cannot connect to server, no page can be displayed. I need to speak to someone but cannot get anyone on the phone. What is their email, I see none on the website. Can’t respond to the email which they sent that will bounce back.
PEI said
Bwoy RedP yuh know as me a type yuh come to mind and me say PEI, RedP going to call yuh up. But Boss me been trying hard to stay the course but most time it ah run weh with me. Make it worse my pig dont seem to be doing anything and me hands just tied behind me back. it frustrating bad. But is here so mi let it out and then me just try chill.
PEI said
Geotrdr what hurt me is the time that waste on all this. Me could kick myself cause me should use that time learn to trade I could have been learning for the past 8 -9 months. There was a guy pipslover that use to warn people to be careful bout these clubs and that them should learn to trade themself. him help plenty people who was learning but I dont think him on line anymore as i dont see anymore posts from them over wealthmax. Them guys need to come back and start up on the fx page.
RedP said
Good Morning PPL
To all you doubters. I declare that we shall and will prevail. Stop doubting, it leads to defeat. Think positively that you are winners and not losers!! The battlefield is the mind. Renew your mind and the way that you think and SPEAK !!! You are more than conquerers and I SPEAK it into being, right now at this very moment!!!
Drivah, Heads up!!
K said
LB – I still don’t think we have reason to cause panic. We just need to hang in there a bit until official word comes in. All that’s going on is speculation from everyone. some may even be kicking while others “appear” to be down….I am not calling any names.
chilly said
Invest-For-Life @1059,
Thanks for the link. It is good that DS got around to making the appropriate apology.
Geotrdr said
PEI
Good to hear more people voicing the reality of of situation. Even better to hear when people start dealing with it. I hope it is extremely contagious.
PEI said
General Tito!! you still around? Your next mission is to do look out on Miss Tracey. Please tell us if she move out of the big house or if she fling out DS an him bag an pan.
PEI said
People we need to move on. The full hundred is zero. Things mash up and DS dont have a thing to say. All the dry weather friend them eat him out and the whole of we too.People getting sued. nuff friendship and reltionship a feel it because of this.
now people suing DS and O, well we ah go get juk. Now me get to understand that him and O bruk like bruk pakit and who people need to look to is the lady TS. What a thing cause she nuh response fi nutt’n. How that gwine go now??? Especially since in all dis hell an powda house she must ah consider to leff him if she dont do it already. Even family and friends for her cant get there money. So me just have to move on
Olint-for-life said
Mark Wignall article
(Extract):
http://www.jamaicaobserver.com/columns/html/20080806T210000-0500_138730_OBS_SOME_REALITIES_OF_THE_JLP_S_SMALL_MAJORITY.asp
David Smith says “Sorry”
On Monday I received a call from embattled Olint head David Smith. “Mark, I am truly sorry,” he said. As readers will recall, the week before he had promised to give me the “Full Hundred” on matters relating to Olint.
“I know that my legal team would not have wanted me to talk outside of the official positions given,” he said. So, why waste my time with “Full Hundred” nonsense, I thought, still hoping to hear something from him.
It seemed to me that misguided zeal got the better of him when he made the link with me. It is still my view that he owes investors more than just a nine-month promise. More on this on Sunday.
- observemark@gmail.com
maria said
pipsta it makes no difference if the market is easy as you put it or hard. with my approach it is not too difficult to be ahead. i am 10 from ten trades for the past 5 trading days . and for your information i have been trading demo accounts from january 07. the key is to not be greedy. take the 3 pips and keep quiet and dont try to get 4. simple.
Leaving Babylon said
Thanks for the update K
I now understand
or is it
Now I understand
Maria, RSI is right on – Do not focus or concern yourself with your win/loss percentage at all. A few months from now, go through your tickets and calculate the percentage of winners versus losers for fun, but all that really matters is risk management. And that brings us to our Olint-itist or Olint-ism.
I am still suffering from tremendous Olintitist. The absence of lint in my pocket has created a vacuum, I mean debt, which may lead to severe obstruction of the esophagus as I’m choking on my own foot.
When oh when will my little dog come home
Oh where oh where can he be
David! Oh David! Have you stole my money David?
V Happi said
Checking
pipsta said
Maria,
The market is fairly “easy” now, so you can get a few pips here and there if you know what you are doing. If you are just starting out make sure you demo trade profitably for at least 3 months before using a live account. Also, the market goes through cycles and it really takes several months to really catch on and understand those cycles and how the technical indicators responds to fundamentals.
Happy Team said
RedP check your mail
K said
oh! also….we could also have lost all our money as well!
K said
Guys and Gals – we have to wait 9 months, hopefully less. DS and his attorneys I am sure are aware they need to update us. For whatever reason nothing so far aside from waiting 9 months. This is somewhat like some hedge funds that say you cannot touch your funds for 1 year.
It’s the sad reality right now.
So what else can we talk about in the meantime?
Madre said
HK1 @1050, Apology accepted. I suspected that Carlos was running a ponzi as there was a big rumour about it. The Govt. allowed them to go on for years, with no FSC intervention, this created a comfort level that made more people invest in them.
I understand your anger, I too was not invested too deeply but I am not so angry as I expected anytning. The DS silence is not helping either and while I seem to be a supporter of DS, I am very puzzled about the silence. I think he owes us an explanation. While I acknowledge his obligation to us I still acknowledge the other forces that play a very important role in the recovery and delivery of our money.
Peace and Love
HK1 said
Madre
First think. My comment about dark and delusional were general and describe the way we have been behaving. So was my coment about Rabid dogs. They were never directed at you and I apologies if you feel that way.
Where I take you to task is your inability to call a spade a spade. The FSC and the banks may have been fighting but that does not take away the truth that it has been proven that Carlos was running a ponzi so you should not be saying that he was going to pay. Hw admitted that he did not have any money to pay. Can we agree on that?
I am more angry about being taken for a fool than about losing money because I was never in too deeply.
FuzzyOriginal said
Curves
It came back quickly, within minutes. What may have happened is that the system got overloaded. If you did not get back an email then you may have to go through the process again. No email from them you cannot proceed. See the email received yesterday “instructions for online portal”. Try doing it at 9:00 am Jamaica time, remember only 50 per day.
Curves said
FuzzyOriginal:
I submitted my ticket 9 am yesterday but was to receive the login etc…I did not received one…Was it an instant reply with this info or did it took several hours. I was thinking it would be an automatic thing.
Madre said
HK1, You seem to be more angry than everyone about your money. Everyone here wants back their money but not everyone here is quick to call others dark, fool or delusional.
When I signed the CP contract, the general idea of it was that, they owe us nothing. Yes I am a real investor with real money invested but when I signed a contract with a Gemini Club owner which generally said, I owe you nothing, then why should I villify this person, who I already thought was questionable.
When I received the payment schedule by e-mail, I thought what a generous man, doesn’t he remember the contract stated that he did not owe me anything.
The real question is though, did you read your CP contract? This dark, fool, delusional person did.
Did you understand the contract? This dark, fool delusional person did. The sad truth with the CP situation is that as much as I would like to recover my money it may be gone and I signed in agreement to that.
Although you do not care about the Bank conspiracy theory, the FSC “fight on investors” and that DS friends could be behind a lot of the problems, I would never call you a dark, brainwashed fool who works for the FSC and has no real money invested.
Worldwise was paying their customers until a bank announced that they are not a distribution centre and would not distribute the money into the account of the WW customers who also happen to be the customers of the bank. The same bank that does the same sevice for companies and their payrolls.
Noone is jumping on anyone like a rabid dog but we want to find the missing pieces of the puzzle.
K said
Maria – you are buying Cs and selling Cs huh?
even though you see me bash MTI a lot that does not say I never purchased their material and not working on learning their strategy. I haven’t based the education thus far just their business practices.
RSI said
just remember maria that u WILL have losing trades so not all will be winning and u must make allowances for that in your strategy and setting your stop losses
maria said
just made 3 more pips. so 9 straight trades now. will trade 2 more later and thats it for the day. discipline folks discipline.
maria said
i have resigned myself to the fact that my funds in olint are gone and i will have to trade for myself to make some of it back. i think i can get by on making US$100.00 per day.at least until i begin trading 2 lots per trade. lol
maria said
hi guys. i have opened and been been trading a demo a/c using just one lot as i would do with real money for the past 4 days and havent lost in eight trades. i do maximum 3 trades per day and am up 45.62 (which is about US$456.20)i think. is that good or bad? trying to implement the discipline MTI taught me. lol.if needs be i can share the demo a/c # and password with u guys so you can check my closed position records to verify.
chilly said
K @ 1040,
It simply means the information does appear in the public records of the Clerk of the Court. I was just happy for an opportunity to touch base with the US attorney handling the case, that I didn’t want to overstep my bounds by asking questions I knew they could not answer.
K said
Chilly, you are the first person I hear getting some validation to this doj freeze.
what does internal investigation mean?
did they disclose how long this could take?
Thanks for the update!
chilly said
K @1034,
To be honest, I didn’t ask specifically, but I assumed it was a paper statement (I of course could seek clarity). One of my friends, who is a true skeptic, seemed to be convinced of its authenticity. I am not sure if I understand the need for DS to fabricate a statement that does not reflect his true liquidity.
By the way, I confirmed with the DOJ that the accounts are frozen. It is an internal investigation, so no details on specific accounts or balances.
fyier said
Thanks FuzzyOriginal it didn’t register in my pea brain that you guys were having a public holiday. I will try again tomorrow. Enjoy your day off
FuzzyOriginal said
Curves and Fyier
Today is independence day. The office may be close. Everything worked yesterday. Probably have to wait until tomorrow to submit your request.
CP said
@HK1,Madre I will save you the trouble…
Here is a link to the Cash Plus AD.
http://investforlife.wordpress.com/2008/03/30/cash-plus-ad/
I agree with you. People need to face the truth and demand the truth. Just Jumping up and blaming everyone will not solve anything.
As for World Wise.. The Cease and Desist does not prevent them paying anybody.
John 8:32 – “You shall know the truth, and the truth shall make you free”
fyier said
Curves I am trying as we speak but the portal is not up. It is almost 9:30 now so I guess the line
`Our online portal is open Monday- Friday 9:00 am-2:00 pm and will be close on public holidays` means absolutely nothing
K said
chilly,
just one point about your comment “DS later showed a group of people, including two I know personally, what he has in his OANDA account”
here’s my question as I was discussing with my cousin the other day.
did these folks see the actual account or just a paper statement? Did they enter in a conference call with the broker and DS for audio verification? if it wasn’t live account verification everything else can be fabricated.
Curves said
Happy Independence JA:
Was anyone able to fully process their reimbursement request from the wise guy? Meaning when a ticket was submitted an acknowlegement was sent with login etc and you were able to make the request to its completion.
sandman said
http://www.caribbeannetnews.com/turks/turks.php?news_id=9586&start=0&category_id=37
Above is the link i found to the rumor of the police chief.
Just thinking aloud, I believe that somewhere behind all this confusion is the IMF, who not so long ago told the Jamaican Government it needed to clean up it’s alternative investment schemes, and it seems that the FSC are the tool with which to do this. Also once they have issued their cease & desist order you hear nothing more from them. Both the Government and the FSC ask for clarity from the investment clubs, but then slip back into the shadows themselves, this being the usual double standards we expect from Jamaica.
Tito said
hahaha wassup RedP!!!
The Deputy chief is denying it, I think it all started when the Chief didn’t show up to meet the new Governor who arrived on Monday.
HK1 said
People if I come accross as agry then please forgive me because I am.
madre
Get a copy of CashPlus ad and read it again. Carlos said “on consultation with our lawyers and management team; Cash Plus Limited has consented to the appointment of an interim manager to take charge of; and supervise the process of our disbursment”.
Then he want to pretend as if he had nothing to do with appointing the receiver. I wonder if people who talk like you are real investors with real money at stake.
RedP said
Yow TITO whassup guy!! So you Turks ppl have started rumour mongering as well i see!! LOL
Why would he reign? Whassup wid that?
HK1 Stop fret and a vex up yuhself iyah. Truth will be revealed in time. If conspiracy-revealed, if David a fraud- revealed. Have patience my friend. And dont worry, mi nah go jump pon yuh!!
HK1 said
Sorry
I meant Madre
HK1 said
maria
We should stop the self delussion. CashPlus did fall on its sword.
Go back and read the news:
1. Carlos published payment schedule and said in an add that the receiver will pay out money.
2. On April 9Th the receiver said: “The dates for repayment to lenders, which were published by Carlos Hill on March 30, are no longer valid, as Hill has confirmed his inability to source the money to begin the repayments,” he said.
Did you get the part that Carlos said that he hasn’t got the money? Isn’t that him falling on his sword? What more do we need?
Tito said
There’s a rumour that the TCI police chief has resigned.
HK1 said
We are quick to vilify everyone except the one who owe us a duty. We invested our money and now we are treated like s#@t. Yet as soon as someone say anything negative about him we are ready to jump on hem like a pack of rabid dogs.
I don’t care for Bovell and don’t know how much of what he says is true. What I do know is that he has spoken, David hasn’t. It was the same thing when Cliff read the email on air everyone here said that he is part of a conspiracy and on LeeChin payroll. Only to have Lord Gifford come out and say more or less the same thing.
I want the truth because I am just an investor trying to make some money. I don’t want to be a part of any cause.
HK1 said
The way I see it is like this.
RedP said
LB 1021
HAHAHAHA!! Facety like!!
Good morning guys.
Pat working on that JN link, should here supm soon. Will be interesting to see how much the initial investment is.
Rabbit said
Morning all.
Floridian – see you are dispensing the LADS medicine – it can also be called LAUGHTER After DS,
NCB positioning for investment schemes fallout, say some analysts http://www.jamaicaobserver.com/magazines/Business/html/20080805T230000-0500_138709_OBS_NCB_POSITIONING_FOR_INVESTMENT_SCHEMES_FALLOUT__SAY_SOME_ANALYSTS.asp
Leaving Babylon said
One more thing. Can da’breddren clean up their blodclot language?! #$%@*!
Leaving Babylon said
Sound stuff Chilly
NM said
WorldWise Said they Expected the cease and desist order.
See Today’s Gleaner
http://www.jamaicagleaner.com/gleaner/20080806/lead/lead6.html
chilly said
Well, I finally had a chance to sit down and listen to the Bovell interview. Very interesting. All these people who were quietly benefitting from DS (Martinez, Bovell), all seem to be kicking him while he is down. Now to the interview:
Bovell had been collecting an interest payment for “facilitating” DS setup in the Turks
No special expertise was involved in the “facilitation”, just “connections”
DS last paid on this arrangement in January 2008
Bovell terminated contractual arrangement with DS because of lack of transparency end of March 2008
-If the last time Bovell received money was in January and the letter was written in March, who really terminated the agreement, DS or Bovell?
Bovell ask DS to show him the $750M in his OANDA trading platform back in February 2008
Around the same time he formed a hedge fund in Cayman to trade FOREX. OFFSHOOT of what he trying to get DS to do
Bovell was trying to “facilitate” a Capital Blue and OLINT partnership
-DS obviously seemed to have lost trust in Bovell’s motives and ambition, hence no birthday invite
-DS later showed a group of people, including two I know personally, what he has in his OANDA account
My own conclusions based on the interview, is that DS had misgivings about Bovell’s motive for wanting to see the balance in the trading account. He showed others, and DS must have realized that showing Bovell would not have accounted for his liquidity or lack thereof. Sometimes it is hard to simply tell a friend, “I am no longer comfortable showing you the funds in the trading account”, so we end up stalling and making excuses to frustrate them into the obvious.
Bovell by his own admission, was involved in at least two other efforts to further benefit from his relationship with DS. It is obvious it did not sit well with Bovell that DS was unwilling to allow him to further “facilitate” him.
So the question is this for Bovell, which is it, the lack of transparency that you have quietly endured to great financial gain over the last couple of years, or the fact that DS was no longer interested in your various “facilitation” schemes to deepen your own pockets?
RedP said
Floridian mi bredren, I am so delighted to see that you still maintain a very witty sense of humour!! LOL
Floridian said
For those of you who want to listen to the Peter Bovell/Cliff hughes interview, here it is…
http://boomp3.com/listen/bzqhlhu0l_f/pb-investforlife
As for me… All it really tell me is that him still have money in Olint… Him and Joey never draw out nuh big money back in December to cause any run… Him used to collect both interest payments PLUS a fee on a monthly basis from Olint for helping them register in TCI… Him think he might have come out ahead if he were to tally back how much him put in and how much him get back out on a monthly basis over 5 years… Him and David nuh talk no more… Him try introduce David to the Snake company and say Olint and them shoulda link up… David never do it… Him ask to see trading platform from David back inna Feb/March and David nuh show him, so him get vex and cancel the agreement with David regarding the money him used to get monthly as a facilitator fee for setting up Olint in TCI…
Net-Net… Him invest a money and probably make back what him put in originally plus some more… But him nuh know what really a gwaan wid Olint today like di whole a we… Him a hear the same rumour dem and no facts and the only man that really know what a gwaan is David himself and we done know him nah talk…
So me get it, some mi give it…
Anyway… Listen it if unnu want… But I think my recap should do…
But what me did really want to know is if David and him used to go to the go-go club dem and drink together… Is that me did want Cliff fi ask him…
Oh yeah… True David and him bruck up… David never invite him to the party and so Dave never send di plane fi him like how him did send it fi everybody else…
Floridian said
K…
Going listen to it soon… So wha yuh a say… Time longer than rope???
Well since you have the time… You done know say me have di rope from long time… Plus don’t forget that mi have the butter knife to…
So who fi get heng gwine get heng and who fi get chop up gwine get chop up cause wi done have di equipment and utensils pon cock.
K said
Floridian – give me your take on the posted audio interview with Bovell, it’s been posted.
all I can say is it leaves answers squarely on DS to answer.
I dont give a f..K if Peter don’t remember how much he has in or not, Cliff too faas….mi just waan know why DS a move so secretive. all I know is time longer than rope! and I man have nuff time mi just need fi gwaan plan my survival strategy during this time.
Madre said
Cdk @997 I agree with you, we must bond together and fight the opressors.
maria said
it would be a good thing if DS could take the free time he has to set things in place so if (or when hopefully) di ting free up him can start pay as per the schedule straight away.
Madre said
HK1 @1010 It was me who said it. Yes, when Carlos lHill sent the schedule of payment, he was taken to jail before the mess could fly in his face or not. Yes, the timing again seemed impeccable, I don’t invest for friends but it was such a coincidence that he was taken to jail in the same time frame as his payment schedule.
I don’t think he is a Saint but let him fall on his sword too instead of the constant intervention from the Governing Bodies who are “trying to protect the investors”. Yes, the FSC’s timing could cause a run on WW and lock it down the timing is what I am referring to. Even if the order still allows payment to be made, with the current uncertainty with this whole un regulated investment scheme some people could say “here we go again, another Cease and Desist Order, I want my money.”
I would never call anyone on this blog dark or foolish, as everyone is entitled to their opinion. My opinion is that the FSC is not looking out for investors, they appear to be mischievous and are bent on rubbing our faces in it.
HK1 said
Now I am upset when some of us continue to say things like:
“When Cash+ was ready to payout?, that very week them lock up the man.”
Its one thing for someone to take us for folls but please let us stop making fools of ourselves. We now know that all the assets that CH said that he owned he never owned. We now know that 70% of the money from C+ investors went back to pay other investors. We know that when NCB close the accounts there was little money in it.
We need to stop this rubbish. We invest to make money and not to make friends. We needs answers.
HK1 said
RedP
I don’t care about their timing. I only care that people get their money. Olint said that they weren’t accepting new money we now learn that they were taking it in through the back door through other clubs.
The important thing for investors is that nothing is stopping WW from paying if they want to.
Floridian said
Bwoy age is a hell of a thing cause mi head mussi a gather water… Mi nearly forget two more character from the Animal Farm…
We have one of our very own who is a RABBIT
and the biggest culprit of all… Michael, the big bad WOLF!!!
RedP said
HK1 @ 1005
Dont you think it odd that FSC issue a cease and disist when WW plainly stated in there mail out that they would not be accepting deposits??
HK1 said
Come on people. Its the same irrational behavior and our readiness to jump down everbody throat that got us here. We were ready to blame bank and FSC but never ask important questions of the people we gave our money to. I just visit the FSC website and the press release said@
“immediately stop conducting securities business including soliciting and accepting monies from the public.It should be noted that this Cease and Desist Order does not prevent World Wise Partners from paying outstanding amounts due to investors.Therefore no one can claim that the FSC\’s Cease and Desist Order has stopped World Wise Partners from paying investors the amounts due to them. ”
So how does that stop them frompaying out money? Some of us too dark man.
RedP said
Floridian, yuh lef out Brer Annansi, but di whole a dem name dat cuz di whole a dem a ginnal!!
RedP said
Floridian pardy, check your mail.
Floridian said
So me just tek a prips on the robot bus to see if them have a audio clip of this Peter Bovine… Sorry… Peter Bovell interview with Cliff Hughs…
NOTHING!!!
I find it quite strange that they don’t have that interview up, but within minutes of the Dave Smith/Cliff Hughs interview a few weeks back… Them have it up on their site quick quick…
I got a call from a friend in NY who was listening to the interview and said I need to hear it… I said that probably the people on the # FOR would have it… Well all now them nuh post a link…
I really want to hear the interview because over so them a say Peter the Pig shoot straight from the hip and telling the truth… But over here and a few posters over there a say that Peter is not a Pig but is actually a RAT…
Me want to hear it to decide for myself what mek sense and what is nonsense…
BTW… This whole story a come in like a book mi did read one time name ANIMAL FARM…
You have some of us in yah who are PIGLETS that a ride different HOGS… A new character that just appear on Nation Wide name Peter that some say is a RAT… Who a try jump a sinking ship and want to organise a partnership with Capital Blue… That is run by a bredda named Donovan who is a SNAKE…
Then nuh Animal Farm that???
By the way… Mi leff out any other character???
jahbilly said
If the FSC couldn’t stop the Principals from taking our money how is going to stop the Principals from paying us? NOBODY is stopping the Principals but themselves. The law is the law and no one should be exempt, including us. Olint/MD/WW/Keen,F1 made no attempt to comply with the Jamaican law. OK yu try a ting and now the “man” wants his peice. Craven choke puppy and want all lose all. The Principals are strictly at fault.
The original Christian said it, “Give to Caesar what is Caesar’s”. If the Principals had used some of the money to lobby the lawmakers the FSC would have new guidelines for investment vehicles like forex Managed accounts. All the Pricipals go “Palave” wid wi money. Big house,big Hexpensive cars, private plane, expensive gifts(jazz show,football sponsorship,beauty contest).
The Principals get lik ina dem rc all of a sudden dem ah Christian. Dem lucky ah no Roman times where wi get fi stone dem or watch di lions have a meal. The govament fi lock dem up an only let dem out if dem can prove they were on the up and up. The Pricipals can’t reverse age, thats the crime.
RedP said
CDK @ 996
CDK my friend,
1.We gave our support to the principals of these clubs but it has barely even been acknowledged.
Perhaps maybe they should stop being so flipping tight lipped and at least let us know “what a
clock a strike” so to speak. Nuh True??
2. I agree that the govt, banks and authorities are definately at fault and have a vedetta
against the clubs. But prove it nuh star?? Yuh have to prove it first before you can resort
to anything akin to a riot and lock down. Are your funds worth your life?? Is money worth so
much that you would risk getting shot by a cowboy cop?? Membah dem wasnt fraid fi teargas
Desmond MacKenzie so who is you?? Money nuh worth yu life bredren.
3. If my money gawn, a jus so. It woulda hot yes and supm me wouldn want fi happen. But if it
happen mi have dis one consolation. Me nuh haffi stand fi dem judgement when it comes at that
appointed time. Better a millstone be hung around them neck and them jump inna di sea.
God nah sleep and Him def nuh dead.
Peace,
RedP
RedP said
K @ 995
God says that the Heart of man is very wicked. So what else can we expect from the “dark & Fool”
like FSC (Foolish Stupid Crackheads)!! Have patience, this battle will be won, let us just hope
that ppl remain calm and it does not get bloody. As per your comment, Sir Simmit did move abroad
and that didnt help, did it??
The stinking fishy odor that you smell is the conspiracy and agenda that the establishment has
set against those entities that seek to empower the common man. If you think and check, this has
happened many times throughout history.
Many of these battles have been won when the embattled get on there knees and submit to God.
This is how I have decided to wage this war.I cant buy out the banks, I cant shoot up Gordon
House or blow up BOJ or FSC. Ergo I employ the best GENERAL the world has ever known. Watch Him
work. You will see for yourself.
Peace,
RedP
K said
Cdk
so tell me how can we lend our support to the principals if what you say is close to the real situation?
Dehustle said
OK
By now most pple will know that I feel that external forces though real, the leaders of the clubs are the main architect of their own destruction
But it seems to me that the authorities are so hell bent on saying “I told you so” that they are willing to spite investors at any cost
It’s either one of two things :
If WW doesn’t have the money to pay then let them fall on their own sword by not meeting payout schedules , the timing of these cease and desist orders , freezes etc quite frankly are only helping managers of the clubs to have an excuse not to pay and feed into the conspiracy theories that abound
On the other hand if WW (and others ) do have the money to make some sort of payment and have clearly stated that they are not taking any new members , additional deposits i.e. doing disbursements only and especially in WW instance starting with small investors first i.e. under 5K ,
What in the world would FSC have to achieve by issuing a cease and desist at this time?
It makes no sense
Cdk said
Listen people it is JLP government and leeching them a prevent poor people from getting their money. The planted the woman in a Cash Plus in order for her to put the company in receivership.
Now them refer to C+ as failed entity and a them lock them down.
Them also lock down Olint too you better believe it or not. It is WW time now. What we must think about now is who’s side David and Carlos are on we the investors of the oppressors. MD said that what is presently going on is unique only to the Jamaican Traders so is it a coincident or something planned – it your guess is as good as mines.
Both clubs have the money to pay us back but the government of Jamaica is preventing it. Them don’t care a f..k about poor people only them money them care about. If we don’t come together to defend our investment them we all are going to loose every fu..ing dime. Speculation on this blog or any other bolg wont work wont work. We must not blame the principals of these clubs we must all blame ourselves for not acting in the behalf of our own interest – we should have lock down the fucking country along time ago because is Golding, Shaw and Chin a cause all what is going to continue. And because none of us take action when Cash + was close down by them and no action was taken when them went to USA and England to have Olint close down in-stead we are blaming the principal. The principal want our support but they ask for it we will have to voluntary give it to them.
We must bond together to fight the oppressors. This oppressor government will not complete the one term them get.
K said
Madre – eureka! now you finally seem to be seeing the light.
if they cared about the investors getting their money they could at least inform WW to pay back the ppl and close down.
I just cannot see why DS or WW owner couldn’t just say you know what “we give up, you win, allow us to pay back investors and we will close down or take our business outside of Jamaica”
it’s just all too fishy for me. humans are by nature selfish
Madre said
Here we go again. WW just re-opened to sort out themselves and their clients and BAM! FSC delivers a Cease and Desist. Anybody here feels that the FSC is on our side.
– When Cash+ was ready to payout?, that very week them lock up the man.
– When Olint was to payout that very week, money laundering charge freezing the account.
– When WW re-open Cease and Desist Order. Even if the order still allows them to make payouts, it is another issue that WW has to deal with.
The last time I saw Mr WW at a meeting, he spoke of requesting his FSC liscence with no response. That was March of this year.
I don’t know guys the “system” seems to be working against investors if you ask me. That’s why I am hesitant to “crucify” the Heads of these investment schemes. Couldn’t they issue their Cease and Desist next week. Couldn’t they lock up Mr Cash+ after paying people. Couldn’t they allow DS to pay the rumoured US$250 mill.
I don’t know boy I feel like there is no protection from the system. It seems to want to send us into poverty if not our graves. Too much coincidence which ends up causing more suffering.
I think it also may be a ploy to initiate a “run” on WW. Wicked wretches, remember is people lives unoo playing with. God nah sleep!
RedP said
Forgive the foul language, couldn’t help myself. Sometimes its hard to keep temper in check!!
RedP said
F ###ing
S tupid
C lowns
maria said
oops. FSC has issued a cease and desist order on world wise now. the fight is still on people !1
FuzzyOriginal said
Anyone here this on the news or is this just rumor. Groung forces please investigate: the latest news just said the fsc have put a cease and desist order on ww
chilly said
Madre @988,
Quite true. We have all become investigators. I am waiting on the audio from the Bovell interview so I can analyze it myself.
Madre said
Chilly@987, There are many sides my friend. But we must try to find truth out of the many sides so all sides must be examined.
chilly said
Madre @982,
Thanks for the link. There are probably two more sides to this story.
Madre said
Rabbit, I think the negativity has been highlighted so much, so when I come across a perspective that has a glimmer of something positive I say Hmmmm….. We don’t know anything for sure so we need to look at both sides.
Maria, I hesitated to copy it here because it was really long but when I read it again I felt that it was worth sharing.
You see, I have heard many things since Dec. last year and some of her info. is the same info I heard. There was a rumour about cutting people under US$10,000.00 out of the club. DS was confronted by someone on a Commercial flight and he responded that he would never do that, he could not “cut out the small man”.
Now everyone can draw their own conclusions. I heard from last Dec. that the money dun, that him gamble it away yet I am hearing now of people who got money. How come the money dun but them get money? All of DS friends were all edgy because they wanted a bigger piece of the pie but he would not give them full control and they were upset.
Many people know that in 2006 when RBTT closed Olint’s account NCB grabbed it and said “we find no fault in DS, he is running a legal Forex Trading club” then by Dec. 2007 they are fighting with all their might to close his account and trading through NCB investments and supposedly making money. I think MLC wanted a piece of the pie too. I say Hmmmmmm……….
Peace and Love!
maria said
at first glance i thought why the hell these people keep posting these long-winded $hit on the blog BUT when i read it thru i was glad i did. thank you madre.info is coming out slowly but surely.
Rabbit said
Good day all.
Dropping in quickly while I munch some lunch. Only a salad…maybe if I close my eyes I can pretend it’s ackee & saltfish, with roast breadfruit, pear and ripe plantain…or some jerk pork….or some fish and festival..
@Madre – 982 – interesting perspective..
Glad to see some good news for those of you in WW. Hope things run smoothly from here on with that.
Rabbit
RedP said
Madre, heads up on e-mail, some info for you.
Peace
RedP
Madre said
Good Morning all, I hope WW will live up to their promise because the negative people are out and watching. All of these people by the way seem to have nothing invested. I think WW will pull through for you guys, keep the faith.
RedP, Please don’t kill me for going over the pop down robot bus, but I found this post quite interesting. I copied it to over here because this person does not always post there and it was in response to the Bovell interview. What do you all think? ……….
I think it is Food for Thought,as I remember in 2006 when JM e-mailed Olint investors using DS name as his pitch trying to teach everyone how to trade “like DS”. So it was DS who helped him to get business in Ja. DS had nothing to gain from this as many of the students went and traded for themselves and some made money too.
mrs, on August 4th, 2008 at 11:49 pm Said:
You Guys need to ask the right questions.
First of all,there were rumors that PB and JI tried to muscled DS into %-age of OLINT in return for the favor of them facilitating DS to set up in TCI.
PB confirms this today.
Second, there were rumors that the same 2 culprits started a hedge fund in Cayman offering 30%-50% per annum.Needless to say they cannot drum up the business since DS was giving the returns he was.This was the latter part of last year.The two culprits demanded from DS (1) That DS reduce his membership to only clients with U.S.$ 50,000 and up.Which means no more poor poeple allowed.(2) They demanded DS give returns of no more than 5% per month. DS refused to play ball apparently.The 2 culprits then threatened to pull out if DS does’nt play ball.DS did not.They then demanded a huge encashment immediately(some say $35-50 mill)each.This movement of money gor the account red flagged.Hence the story of due diligence since December.
PB confirms affiliation with hedge fund and capital blue today on nationwide.
Some while back,there was an article in the newspaper by the idiot from capital blue,saying that he can offer good returns on Forex trading.But not as high as 10%, and insinuating that who giving returns like that cannot be real.
On nationwide,it was shown that capital blue tried to partner with DS.
What does this tell you?White teeth black heart.
When DS refused to be control by the so called big dogs,the solution is to bring him down.
PB, on or around the time DS was raided in TCI,sent a personal e-mail to all his freinds and business associates claiming that all these rumors are lies and that he still has money with olint,has never withdrawn any amount larger than the norm for him to encash and in fact he and DS were still very good buddies.
How come,today,on Nationwide,he claims the relationship had gone sour.
People, PB is a pathological LIAR.
Now,for I-TRADE:
Jared Martinez advertised his courses in JA through DS. He even claimed in his ads ” COME LEARN THE TRADING SKILLS OF DAVID SMITH”
He declared DS as among the top traders in the world.
Both of them apparently started I-TRADE.
Before I go into that,there are quite a few people who worked with JM and left or got fired who do not have nice things to say about him.
Ads in JA newspaper ” OPEN AN ACCOUNT WITH I-TRADE AND DAVID SMITH WILL BACK IT WITH U.S.$100 AND MARTINEZ WILL BACK IT WITH $100″
Martinez,in a speech said DS and his wife were ordinary people doing extraordinary things.How com now JM puts an ad in the papers almost chastising DS.What does this tell you of JM.
I-TRADE ALSO OPERATES A FUND THAT OFFERS 20%,25%, OR 30%,DEPENDING ON THE RISK FACTOR.PER ANNUM,NOT PER MONTH.
A representative from I-trade called me once and spent almost an hour on the phone to get me to act as a consulting broker.Confessed on the phone that he cannot get any business from JAMAICA OR JAMAICANS BECAUSE OF OLINT AND OTHERS.
When I told him I had money with DS and he will have to do better before he sees any of my money,he started with sly comments insinuating that DS is not clean.At the time I thought DS was still his boss until he told me DS is no longer with them.
JM used Basillios Hado from Chez Maria as an endorsement for his forex trading skills.If he can trade so well and make good money,how come he can’t afford a big enough generator for his restaurant?
There is a rumor also that all the bigwfinancial industry in Jamaica had a meeting and it was a general consensus that DS was bad for business and has to be stopped.
PEOPLE,the same ones fighting DS now are the same ones that used to drink and eat with him and go to parties.JUDAS????
The same people that get flown by private jet.The same ones that call him King David.The same ones that critisize him today and call him a GAMBLER,ALCOHOLIC ETC.
When I wanted to place funds with OLINT, I knew he liked to drink and love a party.I knew of stories in Las Vegas.But guess what?If he is making money,he deserves it.If he has a fund of $700 mill as some speculate and trades and gives us 11% for example,I think he must have made 5% for himself.$35 mill for himself.
I SAY,SO WHAT IF HE LOSES $1MIIL IN VEGAS.SO WHAT IF HE OWNS A JET.SO WHAT IF HE SPONSORS AIR JAMAICA JAZZ FESTIVAL.HE DESERVES IT.
LET US NOT IGNORE THE CHARITABLE DEEDS HE HAS DONE IN JAMAICA WHICH MOST PEOPLE DO NOT HEAR ABOUT.
I have money with DS and sadly I’m in a very roughfinancial state now because of all that has happened.But I will never kick a man when he is down and until there is proof that DS misused,abused or stole the money,I will pray for him.
I know I will get money back when this is all over, and guess what?If they unfreeze the accounts,I will not be asking for all my money.Only some to cover some debt obligations.
Remember,we are listening to PB chatting BS, Mark Wignall writing BS in the Observer hoping to get attention and a lot of others like bloodthirsty hounds trying to shred DS to pieces,and then panicking and jumping to assumptions and conclusions without listening to the other side yet.
Remember the GAG ORDER ISSUED IN TCI?
REMEMBER TCI POLICE SAY ‘ THEY STILL HAVE NOT FOUND ANYTHING INCRIMINATING ON DS ” 3 WEEKS LATER?
Remember NCB lost the case in JA?What does this tell you?
People,I trust DS and have confidence in him.
The politicians who benefitted from DS and know he is genuine should get off ther fat asses and support him NOW regardless of image.
God bless everyone and hang tight.
mrs….
bruk pakit said
Good news that there is nothing incriminating yet. Lets keep up the prayers.
bruk pakit said
Did anyone hear what Lord Gifford is charging?? I hear is summ’n like 1.2 mill pounds an di odder lawyers dem getting plenty too. What dat mean? I guess DS has plenty of his own money right?? Remember DS seh Olint and DS is 2 different entities so I hope that he remembers O’s money dont belong to him.
Very Positive said
Did WW send out email to members yesterday?
bruk pakit said
From the nex bus….
TCI Police: Investigations could take months
Posted on August 4, 2008 by investforlife
Nothing incriminating yet is the word from the Police in the TCI according to a report published in the TCI Sun. The lead investigator was however quick to warn than that the investigations could months. Here is a quote from the article.
Meanwhile, investigator Mark Knighton of the Financial Crimes Unit, noted that it could take up to three months for his team to complete their probe into Smith’s local operations, quickly pointing out that so far their investigations yielded nothing incriminating.
The police claim they have a lot of documents and it is possible that they will need assistance from other jurisdictions.
“My experience is that, when you’ve got all these documents, and the possibility that other jurisdiction may be involved, this takes time. And the length of time it takes depends on the co-operation of the other jurisdictions. We have a lot of documents to go through, and when we have gone through these documents, then we will make a judgment whether or not we should proceed further,” Knighton said.
We have also heard reports on Nationwide that the police in TCI has sought and gotten additional help to speed up the investigations.
RedP said
Hail Up #4 Crew!! Hope all is well.
Heads up Kevin and CP.
Bwoy, the Bovell interview was more nothing to me.
Er I dont no Cliff.
Uhm I’m not sure Elon.
Er I’m not really sure how much is in my account now. ( Yeah right!!)
I cant really speak to that you know Cliff.
Yuh Know, I’d have to check the dates on that and get back to you.
Nothing concrete, nothing new, more much ado about nothing. The only revelation is that he and joey didnt draw a bag of money from the fund.
In my opinion we are no further ahead, the water is just muddier now. Its just gonna cause more controversy and speculation. Aah bwoy.
Dont worry ppl, the TRUTH WILL and MUST come out. Just hang tight and membah seh God loves unnu.
RedP
fyier said
Jahbilly you are an angel. thanks a lot.
FuzzyOriginal and all other Not so Wise members
go to the online portal at http://supportcenter.worldwisepartner.com:8080/sd/SolutionsHome.sd. (eeh how yu get hyperlink yikes!!!)
click on the submit ticket link on the left and enter your message and email address.
Next go back to the original page and log in on the right using your email address as both your login ID and password.
Thanks to Jahbilly for helping us to figure this one out.
jahbilly said
973
The site is now updated with logon instructions. Still can’t see balances though.
jahbilly said
973
Yes, thats how they got me on this morning. If you click on submit ticket it takes you to a screen where you can submit a question which they reply back in email.
fyier said
Jahbilly
Tried that and I am not getting in??? let see if I understand you clearly
enter email address into both login and password boxes?
FuzzyOriginal said
I will try later in the day. Getting through on the phone may be a problem. I will send them an email also, letting them know that the portal does not work. Let’s keep each other informed
fyier said
Maria daahlin beg u call di tv station where you got that news and tell them the online portal not working, so worldwide need to wheel and come again. People have been waiting for 2 months now. Lint not paying so they are my only hope.
jahbilly said
965/967
try using your email address for your logonid and password, thats how I got in.
fyier said
FuzzyOriginal
Thanks for the reply. No offense but I am glad that it is not only me having that problem. Are you thinking of calling them when they open?
maria said
wow, good news. world wise spokesman says they will be paying out money beginning to day (or i should say taking requests). came on the news.
FuzzyOriginal said
Fyier
Having the same problem. This is either another stopper or hopefully the system was not tested or not activated. In any event we have until 12 tonight. Bwoy Fyier look like you de a China.
fyier said
eeh the system has timed my post at 8.18, dat right? According to http://www.timeanddate.com/worldclock/ it is 7:13 in Kingston now. Everbody still a sleep? Sumady wake-up please and tell me di real time because I would like to call Not so Wise as soon as di clock touch 9 o’ clock (your time LOL).
fyier said
Morning to you all, Linters beg yu small up yu self and let mi pass to di front a likkle bit.
Not so wise is suppose to be up and running with their `online portal` that should facilitate members making withdrawal requests online. This is suppose to operational from today August 5 at 6am your time, 8pm my time. It is now 7:11am your time now and I still can’t get in. The system keeps telling me my password is incorrect but that is out of the question so can anyone else try and tell me if they are having the same problem please?
FYI to access the online portal, click on the link that is in the email that was sent out yesterday.
thanks fyier
JayDee said
I have a few questions and comments on the article by Mark Wignall titled, “David Smith fails to show for Full Hundred on Olint”.
First I am a bit of a skeptic and have a hard time believing anything that is not backed up by facts or documented evidence, something a good reporter should have before writing an article. I have to base a lot of my questions on what Mr. Wignall’s motivation was in writing this article. He quotes himself in the article by saying that “The paper is going to sell off.”
1. David Smith called him three times in fifteen minutes. Did he?
What evidence is there of this? Did David Smith tell anyone on this blog that he was contacting a reporter to spill the full one hundred? Why would he with all the legal actions going on.
2. “A short while later I realized that a face-to-face in Turks and Caicos was not in the making…”. Why did he suddenly know that he could not go to Turks and Caicos for an interview? Was Mr. Wignall uninvited; realized he didn’t have a passport; couldn’t get the newspaper to pay his airfare??? And if it was only a short while later why did he keep secret for so long that the interview scheduled to be printed was not going to happen? Do we refer back to “The paper was going to sell off”?
3. “…so I dispatched to him, through a third party, 16 questions, when what I really wanted to ask was 100 more.” So if Mr. Wignall had so many questions for Mr. Smith why did he not go and ask him? Who was the third party some local reporter, his second cousin, or maybe Big Bird or Barney the dinosour? Maybe they were eaten by the guard dogs Tito talks about. I really wonder what those questions were and why Mr. Smith would bother to answer anyones questions when he is under a reported gag order.
Well if David Smith did in fact call Mr. Wignall and try and get him to come to Turks and Caicos for an interview, and if Mr. Wignall did not show up for the interview but instead sent a third party with a list of questions, then who really failed to show for the full hunded?
Don’t get me wrong, I think David Smith should have a statement explaining what is going on with OLINT. At least an update on the investigation and when more data might be available. But I have a problem with reporters writing articles that have the sole function of selling a lot of newspapers.
chilly said
Rabbit @959,
I dont think either of us have an obligation to defend DS, but like they say on jury duty, do not form an opinion about the case until all the evidence is in. Anyway, I like your idea of moving on, there is a lot more to discuss and share on de bus.
bruk pakit said
Does anyone have the link for the interview with Peter Bovell?
bruk pakit said
Hey Floridian – mi really need some of the LADS medicine. Anyway, thanks for the laugh!!
DR said
If Asafa gets a good start, Bolt will have a problem catching up with him…… Well in any case….first and second would be GREAT!….. Hush, Tyson Gay, third place is where you belong.
Don’t be surprised if the 100m record becomes 9.70 or “lower”….hmmm especially if the wind is moving in the right direction.
keekee said
hear that david is a liar Peter Bovell was on Nation Wide saying that lying was his reason for pulling stumps o0n David. said that david failed to show proof of trading amount and or trading platform
Rabbit said
Evening all. See the bus was lively today.
@Chilly – If you read through my posts, you will see that I have defended DS at times. However, I believe an explanation is due when a commitment is not kept, whether it be a call or an encashment schedule. Let’s agree to disagree and move on. I am sure there will be some points on which we do agree and some where we don’t.
Rabbit
Floridian said
Bwoy with all that a gwaan with this David Smith thing these past 8 months, mi start think bout one bagga something fi try bring mi out of this pit that mi find miself in… So me realise that is not just me a suffer… But nuff a wi in yah and probably much, much more that not even know bout our #4 bus that live inna Jamaica and into foreign…
So when me study the situation and know for a fact that nuff nuff people a suffer from stress, nerves problem, others have head-ache, back-ache, tooth-ache and belly-ache… And mi sure some people out there might all have them heart attacking them even as mi a type… Anyway… Mi finaly figure out what can mek me one whole heap a money…
But right now me need a doctor, a patent lawyer and a marketing person to help mi create, register and then promote this new medicine for sale… So link mi… Cause mi done have the name for it already…
Is a remedy for all the sickness both physical and mental… Not spiritual though cause RedP and the prayer bus taking care of us in that regard… Anyway back to the argument… The remedy is for all the physical and mental ailment that those of us invested in Olint a suffer from on a daily, weekly and monthly basis…
The name of the new medicine mi going invent is LADS…
It stand for:- Life After David Smith
Trust mi… Mi must rich again cause that deh medicine must sell off…
Kevin said
RedP Heads up.I linked you.
RedP said
Brother TITO, Any news?? Leavin Bab says Turks not answering nothing, wassup wid dat?? Anything at all to help us??
Leaving Babylon said
TCI is not responding. The Governor’s office is not picking up the phone, e-mails aren’t being answered, anyone making any head way?
Roli said
I don’t want to sound like pessimist but what Geotrdr said at post 947 is correct.
especially the last paragraph “Bottom line…”
I would like him to be wrong but this is how things are looking right now. The calvary aint coming and if it does (which looks highly unlikely) it is definetly no time soon at all. I would recomend people to start look at life without OLINT for now and a long time to come. DO NOT BANK ON THAT MONEY FOR THE SHORT TERM AT ALL. Blame who you must. But the reality is that D.S has not paid out in 8 months and dont look like for anytime soon now.
HK1 said
K
When you said “, you and chilly mussi privy to info weh we nuh have”, what are you talking about?
What I want to say is that just because DS said so and the Matinez never dienied it doesn’t mean thats its true. DS may be running a scam and they are in on it but DS is the one that is responsible to us.
We have been quick to give him a whole lot of latitude. We cuss off LeeCin and the banks and everone without any form of evidence. All now DS never told us s@#t. Can we say without a doubt that when we were defending him we weren’t being played?
I hate nothing more that being taken for a fool.
RedP said
Chilly @ 950
Hey Chilly, dont watch no face man, ppl just a little edgy in these times dude, I’m sure you understand. What may appear to be an attack on you is really just some frustration venting, nothing personal. No need fi bawl one stop. everyting is everyting and everybody love everyone else pon di #4, is jus true we likkle bit frass out and we need fi de-stress and de- frag we brain yuh know?? You dont see dat all you a start get hot like peppah!!
Peace
RedP
RedP said
Madre @ 948
Madre thank you but please remember that it is a group effort and not just me. We must thank
Drivah also for being so gracious and patient to have facilitated us. I am truly thankful to
him.
Big Up drivah!! One Love
Another thing guys,
Yuh see when God bring david through this here tribulation and trial?? Any how David nuh tun
preachah aftah dat supm wrong!!
If david have the faith, God will give him victory over
anyone or anything, anytime , anywhere. And he will go through hell and high water and move
mountains to do it. Mi nah tell no lie.
Redp
chilly said
K @945,
Seeing this is a “virtual” bus, the only corn that caan mash is of those who think what I have to say applies to them. I have never generalized my responses, as is clear from my opening greeting. You seem to think you need to speak for the bus. Let those to whom I direct my remarks speak for themselves, and you can add whatever else you like. I just think the posts questioning DS character are premature at best. If I am not entitled to my opinion like everyone else, I would be more than happy to shout – one stop driva !!!
RedP said
Heads up K, email.
Madre said
RedP, a public thank you, you have lifted my spirit. God has kept me thus far and I know he will be with me but sometimes faith is an easier thing to say than to do.
Guys, get on the prayer bus for renewal of faith and just to know that God is the master, he is the beginning and the end. This is a big test for all of us, the question is, how will we do. Should we throw up our hands in frustration or bind together with love and support for each other? I am no prophet, I am searching too…..for answers, for many things and each time I keep finding God, maybe he is the one we should be searching for.
On the DS matter, I am praying to keep my cool, but maybe, just maybe he called Wignall 3 times in 15 minutes to really tell his story but was strongly reprimanded or threatened back to silence. What if his lawyers and advisors told him to shut up or find new lawyers, they seem to be at the control especially since the letter from Lord Gifford.
Maybe he wants to but is warned not to. Maybe for the first time he is listening to someone else and this is making him look like the devil. I agree with RedP, Mark Wignall should not have created the hype until he got the full hundred from DS. How can someone with a gag order give a full hundred. I think he wants to but is being advised to shut up.
Anyway guys trust God, only he can truly deliver us.
Geotrdr said
David Smith was probably just running his mouth with MW. Even if the interview did go through it probably would have been a whole heap of nothing, David Smith can’t say nothing right now anyway because of all the legal issues. Now that the law is all up in his assets he can’t say anything for fear of incriminating himself or other people.
Olint is dead people. Its over people. The Crown and the US Feds all up in this @SS now. Talks of money laundering and corruption. Its done. Move on with your lives. You not getting no money or no legit info from David Smith.
After the Feds, the Crown, the Banks done with DS and Olint then maybe inverstors will hear something. Maybe. Want will be left after the big dogs eat…eh bwoy a don’t know,…not much. Maybe you can sue David Smith for something. Him brief, because that all him going to have left.
Bottom line. Figure out what the F@#K your going to do to recover from this mess WITHOUT the help of DS/OLINT because no help not coming today, tomorrow or in 9 months. Suck up the loss sell what you have to sell, cancel what you have to cancel, leave what you have to leave. Otherwise, your going to sit and dwell on it and dig the hole deeper for yourself.
K said
Chilly – mine mi soon start call you “Jalepeno on a stick”!
Do you know where that character come from?
K said
Chilly – I think you must have all this wrong. its like you walking down the bus and mashing everybody corn as you go down.
Most people are not making him out to be a villain. if we were most of us would be on the renegade train.
people are in fact questioning actions and asking for more information to the extend that it can be revealed. as far as I see it that’s what people discussing.
personally I don’t see anything wrong with that whatsoever. look how many legal cases go on daily yet you can hear a little summ’n!!!
chilly said
Redp @941,
Your words are true (except of course for the boxing ring stuff). When you fully trust God to carry you through the downside of these investments, you spend less time focusing on the role others have played in your misfortunes, and more time focusing inwardly and upward. There is a lot more to this story than has been revealed thus far. We would be wise to wait for sufficient knowledge to be revealed before we try and make DS into a villian.
K said
Redp – point well taken Sir. In fact I will stand down for the next few weeks or months and surrender onto him, have utmost faith things will be OK and take it from there. cbthut at hotmail dot com is the address to collect me for your prayer bus. I’ll see what this new bus is going on with.
chilly said
bruk pakit @938,
It matters not who initiated the excahnge. Just the fact that DS called him 3 times in 15 minutes should be enough to indicate DS was acting under duress. I am not defending DS not calling Mark to cancel, I am just surprised people would seek to make such a big deal about it, considering the circumstances.
I am not sure what it is you dont like about my tone, since my only issue here is to point out that we should not seek to be so judgmental (“less of a man”, “broken promises reveal the content of ones character”), with the little knowledge we have about this situation.
RedP said
Good morning good ppl!!
Hope the weekend went well.
K & PEI, pardies, I feel the frustration in your posts and I’ve been there before myself, but not anymore. Here’s why. Now listen.
God is in control. What we are going through is a test. Nothing more, nothing less. No matter what the outcome is, if you learn to trust Him, He will ensure that your every need is met. It took me a time to realize this and now I can understand how “Jeremiah” (who posted a couple times about MD) is able to remain positive throughout these trying times. Jeremiah realizes that God is his all in all and that nothing is impossible for Him.
As I have said before, the truth WILL be told, just have patience, trust God and live.
This is not a blind faith or living in denial thing. It is a “seeing” faith thing. Its about coming into a revelation of who God is and how much he loves each and everyone of us and what He is capable of doing in our lives. It is about learning how to surrender.
He cannot work in your life if you dont give Him the room to work. You start giving him the room to work when you start learning how to surrender to Him. When you realize that you are dependant on HIM. Not David Smith, Olint,F1, Lewfam, yourself etc, and you exalt Him to the position of provider, showing your dependency and need and trust, thats when He can work.
He cannot work efficiently in your life if its filled with worry, negativity, doubt, pessimism
etc. You need to do away with the negativity and embrace positivity. Start looking at where you are now and start envisioning where you want to end up. Think positively, doubt not, trust God to bring you there. If He did it for me He will do it for you.
On another note:
1.SuperD should not have said he would give full disclosure to Mr. Wignall
2.Mr. Wignall should not have advertised it unless he had already done the full hundred interview in the first place.
How it go again?? Supm like dont mek prammis weh yuh cyaah kip!!
Rabbit and Chilly
Like how tings slow it sound like a good idea!! Don King here I come!! 
Mind how the two a yuh a spar yuh know, mi might haffi rent boxing ring up a vegas and sell ticket!!
Drivah, if its at all possible could you give me a link? I need to talk to you about supm.
cjb at cwjamaica dot com
Prayer Bus anyone?? Jus link me and I’ll link you back.
cjb at cwjamaica dot com
olintdude at gmail dot com
More Time ppl
RedP
Roli said
Bruk Pakit That is typical DS. I knew that with that Gag order no full 100 was coming out. So why call. Typical DS. It is getting played out too much now. He loves to give the effect like he is fighting against something. Loves to build hopes up. Love to talk the talk. He builds people up as usual when time come to act, Silence. Some tough luck story. “Them fighting me down”. “The banks”. LEt us all welcome Mark Wignall to what investors has been going through for 8 Months. He has just witness the tip of the iceberg. Why DS continues to do stupid stuff like this amazes me.
K said
HK1
a resounding YES!
David said so when not just one but TWO Martinez on the conference call and neither of them denied it.
mi nuh understand what really going on here, you and chilly mussi privy to info weh we nuh have. if that’s the case then wonderful for unnu but until I get anything stating to the contrary the Martinez-es (not ONE but TWO) of them mix up in this passa passa too!!!
bruk pakit said
Chilly @ 935 Listen Mark Wignall did not call DS. DS called him 3 times within 15 minutes with a promise to give the full hundred. How can you defend him not even calling to advise Mark he could no longer live up to his word?? Anyway I did not like your sarcastic tone. Wrong is wrong!!! Rabbit is right!!
HK1 said
K
“We even know that they trade for one of the clubs – O”
How do we know? Because David said so?
K said
CP
MTI full of crap..they are a bunch of hypocrites and take Jamaican people for fools.
Jamaicans need to stand up and call them out on their nonsense.
We know and its public knowledge they have funds for Jamaicans clubs. We even know that they trade for one of the clubs – O yet they publish that ad. What was the purpose of it? They tek us for eediots.
We need to send the backside back to Orlando with their bag of crap. I dislike when people think we are not smart and cannot see through their shit!
chilly said
Rabbit @927,
Broken promises? DS is obviously not in the frame of mind to making any such promises, neither should any journalist expect to hold him to it either. So you are willing to judge the content of the man’s character under these circumstances? Wow, how righteous and discerning you must be !!!
chilly said
LB @926,
I hear you, but this information does not need to come from OLINT. The FXCM compliance officer in an inverview with NNN radio confirmed the letter, and the freezing of the accounts on FXCM. I will try and see what I can find out about the letter as it relates to other platforms such as OANDA.
CP said
Bolt for Gold…
@DR All connected
Olint – David Smith – I-Trade FX
May Daisy – Ingrid Loiten – I-Trade FX
Keen Exchange – Gareth Harries – I-Trade FX
Assets all Frozen, Amazing… and then MTI comes out with that AD last Sunday… mmmh.
maria said
oh yeah, i forgot about his injuries. oh boy.
Geotrdr said
“that gay guy” LOL. I’m cheering for Bolt. I think powell has pretty much peaked, plus the injuries and the stage fright don’t help. A 1, 2 finish would be nice for JA though. Also, expect a whole heap of S&*t talking from the gay guy.
maria said
i sincerely believe that gay guy will win the gold in the 100 meters at the olympics. with the many rounds tiring out bolt and powell and powells noted stagefright at big meets what else can i expect? and who thinks veronica should be allowed to run the 100 meters despite not qualifying at the jamaica trials? so the girl who worked hard for the past 3-4 years to qualify and did that will just be told she is not to run and make history?
PEI said
Floridian mi nah lie things ruff. Like you boss me cant spend much more time here but will drop in now and then to see if anything new.Cant manage the ductor work as me cant mash up my nerves anymore. K, Merc V, REdP, Pat,DR,Jcan,Dehustle and Leaving Bab respects. Gentle people have a good day. Hey before mi gone how much Gold unu think JA will win at Olympics??
DR said
It is really beginning to look like there are ONLY three major clubs and that all the others were feeding from one of the three.
1. The Lint
2. The Daisies
3. Keen Exch…
Notice what is happening….why all the clubs are having a problem at the same time? hmmmm
Were they all using the same broker?
Were they all connected to MTI? hmmmm
I wonder which of the above is connected to WW. Want to take a bet?
Rabbit said
@Chilly 918 – broken promises without the courtesy of an explanation reveal the content of one’s character.
God’s grace allows me to be forgiving…it does not mean the absence of discernment.
Leaving Babylon said
Chilly 924 – Part of my issue of wanting a letter or anything official is that at this point, we still cannot seem to confirm anything. For example, how do we know that the DOJ froze assets on July 11th? Where is this report? As far as TCI goes, their FSC isn’t talking. And as far as I go, I’m holding other peoples money and sure would like to give them something concrete. At this point, how can anyone know what to believe?
Here is what I am asking the Financial Service Commission of TCI:
Our understanding from Mark Wignall’s column of January 14, 2007 is that the following quote is true:
“Since moving to Turks & Caicos, Smith has received a licence from the Turks & Caicos FSC and deemed as a fit and proper person to conduct the business he operates. This required him being fingerprinted and investigated by various agencies, including the Jamaican police. OLINT has Indemnity Insurance as it is one of the criteria for obtaining a licence in Turks & Caicos.”
The following questions are critical to our progress:
1. Can you confirm that club members funds are frozen and under the authority of the FSC of Turks Caicos Islands?
2. Has the United States and/or DOJ also seized OLINT assets as part of a money laundering investigation?
3. Can you confirm that a large wire was sent to Jamaica and returned as “suspicious” and subsequently intercepted by U.S. authorities?
Why in the world am I getting no response? The above are quotes from two separate mailings, almost a week apart. Wouldn’t you think these are questions that should be answered? In other words, where is our money and who is working on retrieving our money – anyone?
Floridian said
I’m still around guys… Not leaving the bus, but unfortunately I can’t contribute as regularly as I used to… Now having said that, it is obvious that we will need a new conductor or two…
Having caught up with the posts over this week-end, it seems as if K and PEI are the front runners… Good job guys hope you are able to keep it up and keep the wheels of our bus moving…
So Missa Simmit and Missa Wignal now… Is what really a gwaan???
From last week when Wiggy seh that Dave call him and going give him the Full Hundred… Me start laugh to myself and say to myself… Then if Dave under a gag order… How him going give the full hundred to a reporter???… It never mek nuh sense to me at all…
So now… When all was said and done… Or sorry… When all was NOT said… And couldn’t be done… Mark Wignall write a full article about nothing…
If I laugh I pop up… And the damn thing is mi did waste mi time a read the article to backside… Is better mi did go read di comic strip to hell…
Anyway… Old time people say you must tek sleep and mark death… So when me seriously start penetrate this saying… Me start fret worse now… Because if Dave did promise the full HUNDRED and then end up a deliver ZERO…
Cho… Mi not even going bodda finish what me a think… Unnu supposed to can figure it out.
Mi gone again… Likkle more…
chilly said
K @920,
We have received sufficient information, it is whether or not we believe what we have heard from DS:
OLINT account placed on restrictive access after large withdrawal in Nov 07. Restriction to last until May 31st 2008
OANDA agrees in May to send as much as $250M in multiple payments at the end of the restrictive access
Payments delayed as additional documentation and due diligence undertaken in June
NFA reports appears on June 30th 2008 outlining irregularities with the OLINT account
OLINT responds to NFA report on 3rd July 2008
DOJ freezes all OLINT accounts on July 11th 2008
TCI authorities freeze OLINT assets in the Turks on July 11th 2008
OLINT closes offices as a result of supposed bomb threat on July 14th 2008
TCI authorities seize documents and computers from OLINT on July 14th 2008
Supreme Court of TCI issues gag order on July 17th 2008
Lord Gifford write letter about needing 9 months on July 18th 2008
Dehustle said
And another thing can I please not hear another word about how much DS has done for people not all investors went in big and early and recovered their principal 10 times over (and no its not just because they were busy greedily compounding )
I started with a small sum I think 2K my game plan was to always ensure at least recovery of principal which I stuck to for a while but like most pple got comfortable , kept adding as I went along , and did the bulk of my additions late last year.
Even though I was withdrawing a little here and there too , an analysis of my account revealed that my total principal deposited still outweighs my all encashments so not only am I short on principal but also I HAVE REALLY NEVER BENEFITED FROM ANY GAINS !
So at this point Basically the Only thing DS has done for me is to help me nam out most of my life savings with a false sense of security of an ammassed fortune that wasnt realy real and Im sure Im not the only one
K said
Chilly – you leave me speechless. Steadfastness was too mild a word for you. I cannot even think of the appropriate word to describe you. Concrete stalwart perhaps
aside form that I agree with Dehustle, it’s been 8 months as he pointed out that’s a long time and during this time we still never received proper communication. you seem to be the only one subscribing to no information is just as good as little information. well, no boss, little info is way better than no info….
Roli – mi nuh like how yuh come on the bus, drop one liner and then run gone…whaddup sah? yuh know mi email boss.
chilly said
Dehustle @917,
If you saw my posts @912 and @915, tell me what else can DS say at this point without jeopardizing his legal efforts, or further pissing off his members with useless information?
chilly said
HK1 @ 910,
Tell CJ that as much as I would seriously consider his offer, the only thing I could pay him with now, would be monopoly money. Right now I am busy trying to keep bread on my table, and juggling the bills.
Dehustle said
Chilly just to clarify in my earlier post when I said couldn’t agree with you more I meant specifically about pples expectation to hear from DS in a Wignall interview today
The thing is if I could figure out that that a gag order and present circumstances would make that interview a no no then so should DS and then he shouldn’t have promised one!
In all fairness people have been giving DS the benefit of the doubt for now 8 MONTHS (yes almost a year)
There are still ways to communicate effectively with your clients despite a gag order and least it would show some amount of plain courtesy and respect
chilly said
Rabbit @908,
You speak as if you know the Lord, and yet you somehow find guilt and conviction out of silence !!!
Do you have sufficient credible evidence to call DS “less of a man”?
We have a bad habit of kicking each other when we are down. I would encourage you, to wait until all the evidence is in before making sweeping judgment.
chilly said
Leaving Babylon @905,
If DS were to send your letter, it would achieve nothing. Which right thinking person is gonna care less whether or not DS apologized to Wignall? Even if DS confirms he has $735M with Oanda, what does that mean if we know nothing about his actual liabilities. The wire transfer at this point is a non-issue, because it did not arrive, and on the day that DS said the banks promised the wire (in a radio interview on NNN, on the 4th of July, DS said the banks promised next Friday), it was the same day the DOJ froze accounts. The audit is a sore point, because it is what they are claiming could take as much as 9 months to complete, according to the letter from Lord Gifford.
chilly said
Mercury Vapor @ 897,
Like I said “many” of us already knew this. I even had a discussion with the MTI big heads about this.
chilly said
K @896,
I have no intention of waiting 9 months to understand what went down, but neither do I expect us to hear anything of substance this early in the process.
chilly said
K @895,
1.You pose the question as if I think DS is acting in his right mind. I cannot imagine the kind of duress and stress DS is under, but I am sure it is affecting his decision making, especially when his efforts to come clean are conflicting with what is in his best legal interest.
2.In my own opinion, I think they are seeing this as an opportunity to displace DS as the face of FOREX in Jamaica, even if it means trampling all over what they hope is his freshly dug grave. To distasteful you can also add disloyal and dishonest. Let me also say this, these guys obviously have little respect for our intelligence.
3.I must confess, I suffer from motion sickness, so I was just reacting to all the potholes the bus has been driving into over the last week. I think what I should have done is step off the bus for a while until my stomach settle.
4.What meaningful updates do you expect at this point? I suspect DS can neither trade or move funds from his trading accounts right now, and details of the legal process cannot be discussed with the public.
5.Here is my take; I do not think DS is a conman or a thief, and what he has already done for thousands of Jamaicans over the last 5 years is not in question. So I owe it to him to allow him the time to deal with his legal challenges, as I am convinced he is very anxious to come clean. I have a lot of questions for David, I just want them asked when they can be properly addressed, and then I will know what path to take next. Financially, this could not come at a worst time, but I cannot allow my desperate financial position to cloud my better judgment.
Roli said
Haven’t visited this blog in a while. And coming back i can tell you all onething. DS only cares about his own A$$ right now. He has drawn the line between himself and the people who believed him the most his investors. Those lawyers are there to help him fight against the onlslaught of his investors.
HK1 said
Comeone on the robot wrote this:
CJ,Said:
Hey Chilly and Maria on the # 4 bus, since you still believe in David Smith, do you want to buy my Olint account at 50 cents on the dollar?
HK1 said
What happened to Paticia and SNB?
Rabbit said
Night all
Dehustle, LB, Bruk Packit…I agree with you. The silence and broken promises speak to the character of the man and his priorities.
The deafening silence is apparently what drove Christopher Walker to file the lawsuit. The article in the Herald indicates that he wrote to DS/O several times outlining the gravity of the situation and the only response he eventually rec’d was the letter sent to all O’members asking for 9 months. This from a member who was a childhood friend of DS’ mother-in-law and whose son was a classmate of DS’ wife.
Is the message from O/DS to those who have been patiently waiting that the only way to get information is to pursue it through the courts?
I am inclined to believe that the freeze of the assets protects us, the investors. DS is proving to be less of a man than I initially thought, and has not lived up to his word. What would he do today if he regained control of the $?
God is in control and works out all to God to those that love Him. Good may or may not include recouping our $. His ways are higher than our ways and He is good and knows best. For those that know Him, lets keep our focus on Him and rejoice in Him.
God Bless
Rabbit
bruk pakit said
Re: 905 Well said LB!
Dehustle said
Leaving Bab
The continued silence from DS camp atually speaks volumes
Beenie said
LB – it seems like they need to hire you for press releases because your examples just seem to hit the mark.
a release close to that cannot be that harmful, can it? unless there is no money!
Leaving Babylon said
Just checking back – Quick note: I don’t expect Oanda to tell us anything, I just want pressure applied, because I want to know where and if funds happen to be. This is mind boggling that we can’t even determine if the DOJ froze assets or not, if a large wire was sent back as suspicious and if so, how large was this wire and did it originate from Oanda. Man I can’t even get a response out of TCI’s FSC. This entire experience is outrageous – what, no one knows anything – or – they do, but can’t tell us – what?
What are laws for if not to protect the victims? Are we or are we not victims of fraud? If we are not victims of fraud, then apparently the banking or political sector is taking advantage of a large number of people, and some one needs to do the proper thing, which is inform everybody (club members) as to the status of their funds. Ja-bless, we’re being treated like we’re less than nothing. We’re apparently not even worth acknowledging that we exist, that’s about as degrading as it gets. Some one needs to make a statement and that had better be David or David’s legal representative.
Example: “Dear Club Members, Recently Mr. Smith wanted to do an interview, which would have caused considerable legal termoil in Turks Caicos. We have contacted Mark Wignall and apologized, but this interview would have been entirely improper given the current gag order that we are trying to lift. The U.S. DOJ has seized $X MM USD, which occurred during the Fed-wire of… from… to… Bank. We also can confirm that Olint has $X MM USD that is at… broker and is not frozen, because of the… jurisdiction however we are not currently able to receive those funds. Rest assured we are actively working on your behalf and that $X MM in total exist. However, as previously mentioned a total client audit must be completed and until… is legally satisfied we will not be able to move funds. Blah, ba-blah…”
K said
Maria,
what!!!!!!…. I never said I have no money in O. I said none in Lewfam or MD. If you find a post where I wrote that then that’s my error but aside from that I don’t know where you get your info.
so why are you so sympathetic to MTI or Martinez. Have you benefited from MTI training, are you related to him in anyway?
maria said
and K i must say your role here is suspect as you have said before that you have no money in these schemes. so again i say what exactly is your role here?
maria said
chilly i have not heard such sensible well-reasoned arguments in here in quite a while.i support that.
PipUNIT said
Update no return for June or July HAHAHA
PipUNIT said
Does anyone have any good news anywhere.. Any updates on the TCI freeze?
K said
Chilly & Merc V
let’s be smart here. The ad was written by MTI. you can see the full text at
http://investforlife.wordpress.com/2008/07/30/mti-ad/
now let me extract the section [At Market Traders Institute, we are not in the business of taking people’s money to trade on FOREX. We are in the business of educating people to trade on the FOREX for themselves.]
HUH? let me say it again, HUH? and again, HUH?
Did I read MTI is not in the business of taking people’s money to trade on FOREX. Really? OK yes, silly is Merc V and I for not seeing this, MTI does not take your money but JIJ or I-tradeFX will take your money. Whether they received the money directly from Jamaicans or through O, they still received money to trade in Forex.
So explain that logic to me someone, cause it’s a Sunday, mi hungry and maybe I am slow this morning rasta.
K said
Merc V – see my post 895 it seems like we both are making a similar point to Chilly.
Mercury Vapor said
Re: Post 891
Chilly said: “As far as the surprise that others were trading OLINT funds, many of us already knew this. It is near impossible for one man to trade over a billion dollars by himself. To mitigate the risk, most have a team of traders trading a portion of the overall portfolio.”
Hold on a second Chilly, you knew that MTI was trading funds for Olint? Well, when that was revealed it was news to me. I figured that David had a team of traders working for him, but I thought his team was in the Turks and Caicos with him. I and many others did not know Olint and MTI was connected in that way…nor did I ever see anything about JIJ Investments. Until the interview on Nation Wide Radio I have never heard the name JIJ Investments before.
K said
Chilly – not to be comical here but a follow up to my point #5. If you say after 9 months as outlined by Smith then to that I respond. The “baby” (Tracey or the unknown baby mother) will now be born so I foresee another 12 months to get through the nightime crying, baby creeping, then learning to take first steps….come on SMith. explain the 9 months because the only thing K can see is some baby business going on here
K said
chilly – I am sure we have enjoyed some good exchanges since we have been riding the bus. I must also say I admire your steadfastness, it is very encouraging. I was once like you but in the last days to so find myself slipping as each day ticks by. I certainly will not bash you but I have a few questions for you.
1. If DS was ill-advised to meet with Mr. Wignall, why did he initiate contact in the first place. Would it not have been prudent to first seek the advise of his legal team before that fateful call. In fact, according to Wignall, Smith called him 3 times within 15 times. I would say that Smith is one determine little chap.
2. Yes, many believed that Smith had his team of traders. In fact I think most thought they were personal to him. We found out that MTI is in fact one of these “traders” yet their latest actions and comments hardly appear to be anywhere in support of Smith or Olint for that matter. Their published ad though not calling names was very scathing and to use a popular word floating around “distasteful”. So the question begs to be asked, who do they seem to maintain a distant position when we all know Olint was responsible for their Jamaican momentum. SOmething which even Martinez does not to admit.
3. Your comment “I must say, that this “bus”, is becoming a vehicle for numerous trips to no where” I DISAGREE 100% The bus is for suggesting ideas and gaining reasonable knowledge about DS and/or O for people who may not be in the know. Some suggested contacting Oanda, nothing wrong with that if you can be successful. WHat would you suggest the bus riders do in light of absolutely no communication coming from O.
4. I fail to believe that even with a gag order and 4 pending cases as you outlined that we still cannot be given some update as to what’s going on.
5. Chilly, you are now content with sitting back, taking a deep breath, and waiting for the WHOLE truth to be revealed at the appointed time. Suppose this appointed time never comes, and neither does the TRUTH. At what point will you crossover and begin to question everything?
Dehustle said
Chilly @ 891
I couldnt agree with you more , I for one had no expecataions from WIGNall today it just made no sense see my earlier post
****************************************************************************
Dehustle Says:
July 27, 2008 at 11:23 pm
Nite Guys
just checkin in after a loong break
Floridian U crack me up
Well re the Wignall piece today all I have to say Is
1) IF there is a gag order how can Ds talk to the press?
2) If He can talk to the press then why cant he talk to Club members ?
Peace
Mercury Vapor said
Hey K, how bout this one:
http://www.jared-martinez-is-a-punk.com
Dehustle said
Leaving Bab
I do believe that that 750 Mill does exist somewhere ….the thing is this with the ongoing revelations of how widespread this thing is , how many people involved , many of which are now confessing their million and multi-million dollar balances , Several HUGE Feeder clubs which previously purported to be trading for them selves plus a whole heap a pig
750M now really is drop in the bucket to how much money is out there to be paid
chilly said
DS was ill-advised to agree to the meeting in the first place. He is in the middle of a fight for his life on four different legal fronts. The last thing he should be doing is giving interviews. Things he say can be used against him. DS made a promise, whether in good faith or not, that he could not afford to keep – any good journalist would have prepared for the eventuality, and not taken it in such a personal manner. Everyone wants the big story.
As far as the surprise that others were trading OLINT funds, many of us already knew this. It is near impossible for one man to trade over a billion dollars by himself. To mitigate the risk, most have a team of traders trading a portion of the overall port folio.
I must say, that this “bus”, is becoming a vehicle for numerous trips to no where (calling Oanada, Ds interviews, lawsuits, etc). Many are driving up all the wrong roads in a desperate search to bring this journey to an end. We are already on the “bus”, so we might as well sit back, take a deep breath, and wait for the WHOLE truth to be revealed at the appointed time. It is obvious DS did not set out to steal our money, so given his years of contribution to the Jamaican soceity, as much as I have at risk, will patiently wait to hear “the full one hundred” !!!
K said
seems like I find myself checking the blog every 10 mins or so since I am doing some work on the PC at the moment. anyway, someone sent me this link basically it’s a site dedicated to people who have received bad service from UPS.
well someone had the bright idea of creating http://www.unitedpackagesmashers.com/
so I began thinking hmmmmmm what names can I come up with considering this latest predicament we are in. Let’s start with….yes Maria….MTI
http://www.mti-is-shady.com (perhaps without the hyphens to ease up on the fingers
)
I had a few more comical ones but I will listen to my angelic side and not post them here.
Mercury Vapor said
Re: Post 886
K said: “This bredda could be sipping lemonade right now in his house without a care in the world. Smith gone mad yah man, mi nuh know how else to explain it.”
Hahahaha….K yu crack me up! Dat deh one funny nuh hell. Bwoy, I know sah Massa Smith unda nuff pressure, but mi hope sah it nuh go mad him fi real. If Massa Smith go end up a Bellevue Hospital dat ah go make tings worse!
K said
Merc V – Is a long time mi nuh feel da way yah star. I wish if Martinez, MTI or any of his crew come to Jamaica for the next class the students collect a “heap of Shandy” and pepper him backside till him start talk. See if we caan mek some light come out for once. Mi know seh dem a read wi blog.
Mercury Vapor said
So yeah, follow-up to my last post:
Jared Martinez – Shady
JIJ Investments – Shady
Market Traders Institute – Shady
Olint – Shady
My God, with so much shade…no wonder there’s no light!
K said
According to a friend of mine..who has been hoping for the best but after this latest article has finally said and I quote “People should get even, Im a tek people fi fool for too long now. POUND OF FLESH”
Bwoy, sad to say I couldn’t agree more. Is disrespect ting fi him contact Wignall and build up hopes of people wanting to hear something. Then nutten.
Di bredda clearly has no respect for his customers. This bredda could be sipping lemonade right now in his house without a care in the world. Smith gone mad yah man, mi nuh know how else to explain it.
Tracey not pregnant as far we know so why him need 9 months? Him have a a next baby mother him have to tek care of or what?
Might as well mi just forget expecting anything honorable from SMith.
twofi said
MD Communigram….Same old, same old….”lot of things happening behind the scenes to de-stabilize the industry….we continue to work to address issues and have made progress over last few weeks…be patient as we forge ahead…there is light at end of the tunnel..not sure how long it will take to get there..be patient..will keep you abrest of developments..etc, etc.
K said
LB – what’s astra and osimo?
It would be game set and match if Oanda said we have X amount in trading for DSmith. THen again, he could moved the money from the platform to just about anywhere waiting payout.
Leaving Babylon said
Everyone needs to pressure Oanda to come clean. We need to ask about Astra, Osimo(?), any Panamanian Corp., etc. not just David Smith and Olint. Please post any information you have on names and addresses of related corporate entities.
K said
Mercury Vapor – further to your point, we don’t even know if JIJ still has money for Olint!!!! as far as we know in the NFA report they still do!!!
I think Cliff Hughes should do another interview with him because the first interview was cut short when DS came on the program.
Leaving Babylon said
OANDA – Canada
330 Front Street West, 12th Floor
Toronto, ON M5V 3B7
OANDA – USA
140 Broadway, 46th Floor
New York, NY 10005
Customer Service:
Tel: +1 416 593 9436
Fax: +1 212 208 4356
Leaving Babylon said
http://www.oanda.com/site/feedback/feedback.shtml
Mercury Vapor said
I agree with K, Jared Martinez is a very shady character. I remember in the interview with David Smith on Nation Wide News, Cliff Hughes asked David what is JIJ Investments…aparently Olint was sending money to MTI to trade on their behalf. David said that everyone in Jamaica knows that MTI trades for Olint. When I heard that I was like “WHAT!!??” Everyone in Jamaica knows that? That’s very strange, because I’ve never heard that before…I’ve never seen the name JIJ Investments on this blog or on any of the other investment blogs. I thought Olint was doing all of their trading in-house. Now it looks like JIJ Investments was also doing trading for May Daisy too.
K said
Maria – you are damn right I have a beef with the man. You think he has no knowledge on the matter? for the record I have tried asking him but his response has always been “he does not know”, to which I say BullS!@#
Don’t get me wrong investors are ultimately wrong.
However, when someone as J.M. sells his wares and leads people to believe one thing that’s a different matter.
I was quite surprised to find out a few days ago that MTI is blocked from engaging in business in Australia! my colleague sent me the link to the article dated back in August 2004 which was first posted on non other than the renegade blog.
There’s mention of South Africa too but no supporting article was posted.
So again, I don’t think he is as blind as he wants us to believe.
maria said
K, from the content in a large number of your posts i get the impression you have some beef with the MTI Jared Martinez guy. why not contact him and sort it out instead of telling us every 3 posts?
still no one to confirm that wire to jamaica bank?
CP said
Is a long time I have not posted… The renegade blog has an interesting post.. I think you all should read this one..
http://investforlife.wordpress.com/2008/08/03/olint-human-tragedy/
“PEI – with this behaviour by DS it looks like I’m going to have to join the renegade bus to rhaatid.”
Bowy K and PEI, things look real bad.
Mercury Vapor said
Re: Post 871
Good morning everyone. K, thanks for posting that link. In the Jamaica Observer article, Mark Wignall says:
“On June 23, a meeting was held with about 35 of the big investors in Olint to outline to them the true position. It must be remembered that some Olint investors were Cabinet ministers in the last PNP Government and current JLP Cabinet members. Some came on board the ‘Olint train’ in the early days and did well financially. Then again, if we assume that not all politicians are blessed with knowledge of complex financial matters, investors also included bankers, CEOs of large companies, proprietors of various entities and many other people who simply wanted ’something more’. In that meeting an April 29 statement indicated that US$735 million was listed as a balance with Oanda, a company that styles itself as ‘A leading FOREX dealer and FX Trade platform’.”
So the “big investors” of Olint saw a statement showing US$735 million at Oanda. But in July the U.S. Department of Justice (DOJ) froze all the assets of Olint and David Smith in the United States. As far as I know they only found US$3.7 million at FXCM. There was no mention of Oanda or US$735 million. So where is that money? Was it transfered to the Turks and Caicos Islands before the U.S. government froze all of Olint’s and David Smith’s assets?
K said
I read in Post 859 MD sent out a letter.
so wah this seemingly tiefing woman telling her members?
a wah, members are so pissed off dem nuh even want to talk about it?
mi nah tell no lie, mi still feel seh Jared Martinez has some connection to all of this somehow. trying to fool the Jamaican massive with that printed ad in the Sunday paper doesn’t say crap as far as I am concerned.
Paper trail and audit don’t lie. there was a monetary relationship with his firm and DS and MayDaisy.
Then he’s try to play innocent about forex clubs and scams.
Mexican bwoy get real! Jamaican people don’t born big.
K said
PEI – with this behaviour by DS it looks like I’m going to have to join the renegade bus to rhaatid.
No one can convince me that David’s attorney could not have advised him it was foolish to initiate contact with Wignall if he could not fulfill the obligation.
also, if he later found out it was not possible to speak, AT LEAST have the courtesy of notifying the reporter. a wah him dash weh him manners or what.
Mark Wignall ain’t no little itsy bitsy no-name reporter so you can jolly well expect some backlash.
Also, at this point I cannot understand why there’s no word from his attorneys. Gag order or no flipping gag order something can be communicated. which leads to believe the lawyers are only being retained for the benefit of David Smith.
Is full time the reporters start seek out and find where DS family is and begin to interview them. Start with mommy and daddy if they are still alive.
So what is your son really up to?
PEI said
K it look like is me and you ah hold down the fort. Me read Wignal and star mi gone back to mi bed. Di man never even call Wiggie to blouse an skirt. Well see it deh! dat ah di whole hundred. Zero
K said
PEI – mi just wake up….and decide fi check the Observer for info on this expose…and to my surprise(at least I thought he would have at least showed up for the expose) DS never meet up for the interview..What!!!! mi shame rasta, shame bad.
To me he nailed himself on this for someone who initiated and sought out Wignall
http://jamaicaobserver.com/columns/html/20080802T230000-0500_138600_OBS_DAVID_SMITH_FAILS_TO_SHOW_FOR__FULL_HUNDRED__ON_OLINT_.asp
PEI said
K ah nuh me one a night owl! Me just come in and reading what going on. I not lying, rasta me shame bad. mi seh mi shame cant done to see what coming out. Super D you let me down big time. You know you mother is a decent decent lady. How you do this rasta?? Something nuh right at all.Me gone ah mi bed
K said
I just got home and articles such as these do not bode well for O.
The lack of communication from DS camp is not good.
why can’t they keep us informed as they go through their TCI legal process.
Is that process preventing them from speaking.
http://www.sunheraldja.com/article/show/1343
let’s see if Wignall’s article comes out later, though I am not expecting much.
notsureanymore said
no I just saying that based on @849. I would welcome any news bout “O” right here so now.
Rabbit said
Ok – suspect that my posts are not going through due to the URL. Removing it.
Evening all
@ Comment 857 – doing well thanks. Hope the same is true for you. Loving the transparency with Rove and the control I retain over the $. They are also really responsive and courteous. They also have good ratings on ForexPeaceArmy.
@RedP – 862 – thanks for taking time out from your w/e trip to encourage us.
Wondering if Wignall will have a column with the “full hundred” tomorrow – at this rate I will take a partial ten.
Notsureanymore – welcome to the bus. Do you come bearing good news?
Have a wonderful night all.
God bless
Rabbit
Rabbit said
Testing – losing my posts
notsureanymore said
Sounds that there is some new news, but it look like u have to step off the bus to hear it.
maria said
so to date no one out there can confirm whether any funds were actually wired by olint to jamaica and if yes what became of it?
Redp said
Vhappi, Heads up!!
RedP said
Good Morning all!! I hope all is well with you!!
Mr Texas @ 848
Right on bro!!
Rabbit @ 855
Sis Rabbit, I hope one day I can be as tuned in as you are!!
God Bless you.
DR @ 860
Amen and Amen!! He is awesome
Marsha, Heads up on e=mail!!
Anybody up for the Prayer Bus!! Prayer PPL are making a difference!!
Yuh dont see seh one banker stumble already!! Arrogance and pride, aah bwoy!!
God nah sleep!! This story far from over!! It jus a start!! This battle can be and will be won!! I now understand how JEREMIAH manages to post so positively. Go bro!!
Prayer Bus
cjb at cwjamaica dot com OR olintdude at gmail dot com
Just give a heads up and I’ll link you
Love and Peace
RedP
bigson said
any news about w wise
DR said
The truth is, most of us have drawn closer to God since our money has been frozen….. God is still a jealous God. AMEN!
We shall overcome.
HBJ said
MD posted a new communigram.
ForexGuy said
The US is so eager to squeeze every single drop of money out of their citizens. Its a shame all that money is going to fund an unwanted and illegal war. Oh well!
Olint-for-life said
Caribbean tax havens under attack in US Senate
http://www.jamaicaobserver.com/magazines/Business/html/20080801T010000-0500_138516_OBS_CARIBBEAN_TAX_HAVENS_UNDER_ATTACK_IN_US_SENATE_.asp
Olint-for-life
Comment said
# 855 Rabbit how are you.
I see Rove posted 2.09% this month. They are really quick with updating and providing information, I love the full transparency.
Peace God Bless.
K said
Tito – any local reports coming out from the media or the police in TCI?
Rabbit said
Welcome Mr Texas. Thanks for sharing the verse, your perspective and the encouragement to pray effectively. The fervent prayer of a righteous man availeth much. Though of ourselves we cannot be righetous, we can avail of Christ’s righteousness and have that imputed to us, and pray in righteous manner, in accordance with and attuned to the will of God.
Paige said
testing.
HK1 said
I don’t think there is much to talk about.
Curves said
I guess you guys are on holiday huh!
Dehustle said
Leaving Bab
Am I on your list ?
dehustle[at]gmaildotcom
K said
LB I never got any email.
Leaving Babylon said
K – That’s funny, because I guessed that may be the case, but didn’t even bother to try
Heads up in the e-mail – let me know what you guys think.
Mr Texas said
I have been viewing the blog for some time now and I would like to offer my perspective. I presently have funds in Lew Fam and I too am awaiting information.
I feel to some extent everyone is disappointed, angry and desperate. I have also seen many who are continually praying for Olint – DS, and others want to stone him. I see DS as a gifted man that made many mistakes in his quest to help the common man, and even the poor. We know that he has been a generous man, but we also see his failures, which has affected all of us greatly.
I had to ask myself , what can I do about this ? We really only have several options here:
1 Complain daily on this blog and stay continually angry
2 Get a Lawyer and stand in line
3 Wait
4 Pray
5 All the above
My option is to pray. As the DS lawyers are petitioning the Islands Courts, I wish to petition Almighty God. However, I am not naïve to think that I can just go approach God in anger, self pity and continual complaining and expect God to answer with Divine Justice.
Instead I have chosen to bring a promise from His word that I found today while praying for DS and Lew Fam. Its found is Psalm 41:1-2
Psalms 41:1-2
1 Blessed is he that considereth the poor: the LORD will deliver him in time of trouble.
2 The LORD will preserve him, and keep him alive; and he shall be blessed upon the earth: and thou wilt not deliver him unto the will of his enemies.
One thing is for sure, David has considered the poor in his quest to build Olint. Here we find a promise that God will deliver those with such a heart, and if God will deliver him , it also means your deliverance. It also says that he will not be given into the hands of his enemies.
You might not agree with my approach at all, but if you are going to pray, then pray effectively and be a part of the solution.
RedP said
Bless @ 842
I agree with you on the inflation comment. Judging from the increase in prices from my suppliers since the start of the year your pretty much on target with 35 to 40% easy. Some items even more.
Its very tragic, sometimes you wonder where we are going as a nation. yet still, I shall remain positive. This is the boobmshot positive vibes BUS!! All negativity belong pon di popdung robot.
Again, I wonder whaapen to SOTB? I hope she alright.
Everybody have a good and Godly w/e, and please, no going to Negril to attend ATI fi go wine up and drunk off unnu selves yuh hear!!
Safe w/e guys.
Love
RedP
K said
LB – it seems like you are a techie like myself and you are using FireFox to view suntci site unfortunately their web admin isn’t very savvy.
You need to use IE to view the site boss.
Leaving Babylon said
K – I did my MTI training and I’m just going to tell you flat out, do not expect FX Chief to put his trading “skills” on the line in any session where his decisions can be scrutinized. There is no way that he would put his “reputation” out for public viewing – a few bad trades and he stands to lose a very profitable business. He makes good money off the masses of unsuspecting hopefuls trying to make the grade as traders. Their package is not half-bad, but knowing what I know now, I would not have gone through the course. There are plenty of cheaper ways to learn about Fibonacci and other common indicators. Incidentally, going to Florida for in-house training is where I made my contacts that got me referred into Olint.
Hey, what’s up with suntci.com? Every link views as a page of HTML code. Does anyone have any report that there will be a report come Sunday? I’m desperate mahn – looking for news that there will be news. No one’s talking – RAHTID!
JK said
http://www.radiojamaica.com/content/view/10383/52/
PROOF THAT AIS AFFECT OTHER BUSINESS
Madre said
Godd Morning all, I am always praying for Olint investors because I know many of them, I am also a C+ investor but I always felt that DS was the better, more credible investment. C+ came under a similar pressure with Carlos dealing with it defferently ie. more arrogantly.
I pray that C+ investors will recover some of their investment as I still believe that Carlos has some money that he intended to pay his investors. God knows what will happen now that the Receiver/Manager is still at the control earning his very large salary. The large salary was brought to my attention by the investor who bailed Carlos through an investment meeting he hosts once a month.
Mr WW is a clean guy. I had the pleasure of meeting him at that same investment meeting where he spoke of getting liscences internationally and that he would be offering fluctuating rates soon as it was the only realistic thing to do. He has good intentions and he is just feeling the pressur like DS.
I don’t think he is affiliated to Olint as he spoke about some mistakes that he thinks Olint made ie. not seeking regualtion in Jamaica which he was at tha time seeking.
He is a good guy with good intentions but Jamaican investors are not easy and I think he got overwhelmed with the closure of his bank account and the demands from people for their money. If he does not keep his date, I dont think that it’s because he is a crook but because more complications have arisen leaving him with not enough time to rectify them.
I pray for all investment clubs as the fight that they are facing is real and alive. Peace and Love
Bless said
As for the so call increase in profit at NCB – big deal if dem and the BOJ governor (Lee Chin Buddy) run up inflation to 22 % so far I put it at 35 – 40% (government stats always lie) What yu expect? Lee Chin objective is to control central bank – through him buddy so him % profit making is easily made by inflating the dollar
Bless said
Morning Ya’ll
Curves the C+ saga is a joke, Lee Chin pay the PL 8M dollars through NCB PL now has liquidator to desolve C+ but dem say C+ is a ponzi but dem want money from an illegal system dem a nuh investors who need to get back dem money.
see the drama, the court nuh have no case against C+ Carlos etc so dem a drag it out hope the effect will be less as ppl live without dem money so dem wont mash up NCB when dem realise that dem not getting back dem money cause dem know that Jamaican a ruff set a ppl.
a hope that a NCB cheques di ppl dem get – $16,000 for every $100,000 interesting to see the reaction
Opportunity said
Has your ‘alternative’ income disappeared?
YOUR MONEY
http://jamaicaobserver.com/lifestyle/html/20080730T210000-0500_138457_OBS_HAS_YOUR__ALTERNATIVE___INCOME_DISAPPEARED_.asp
Geotrdr said
RedP,
Wheels? Them done drop off long time. Just three rock stone and one concrete block the system sitting on now.
RedP said
I hope TCI’s system nuh stay so!!
RedP said
Curves @ 836
Welcome to our backwards INjustice system. The wheels appear to be stuck in reverse!!
Curves said
Morning Ya’ll:
I read the lastest on C+ and I can’t undderstand why the Court system is taking so long to deal with this issue. November will make it one year since this has been going on and the newspaper said the next appearance will be in October. That’s just ridiculous.
Tito said
@817 PEI, will see the vehicles today, but DS is a Land Rover man
DR said
I hope that TAD won’t go after people anymore…because the money they were going to use to pay the taxes is in the fridge.
The money is so cold that it has started to grow Daisies and Lint on the ice.
DR said
MTI has stooped low….Weren’t they the ones in the early days boasting about how they taught David, the son of Smith…
My, My, how things have changed.
RedP said
FYIER @ 830
Whats up dude, morning to all, Prayer bus prays for anyone, with any need, at any time, who live anywhere, Its not just about the clubs, but yes all the clubs are prayed for, all the ppl from all the clubs are being prayed for to recover losses.
Want to join?
cjb at cw jamaica dot com
olintdude at gmail dot com
Love and peace
RedP
Rabbit said
Wignall’s column today has no mention of the “full hundred” from DS.
Still can’t believe that MTI would go so low as to try to capitalize on this.
Off to work. A good day to all
fyier said
#750 RSI we dont really feed those kinds of RUMOURS on this bus. If you would like to keep riding you may need to be more responsible in your comments so as not to make an already stressful situation worse.
Paige, I am glad that you were able to get some funds after proving your case was legitimate. It’s a pity that members who may be in dire situations, such as being at risk of losing their houses etc can’t get the same treatment from O.
August 5th is certainly walk-yu-talk, put-yu-money-where-yu-mout-is day for not so wise. I am waiting with my begging bowl ready.
Prayer club members, I am sensing discrimination yu know. It luk like O is the golden child, and prayas are not being distributed equally among all the clubs. Ha begging for affirmative haction for not so wise and the Family please thank you点
Rabbit said
Morning all
How you treat your friends or associates when they are down reveals a lot….really disappointed to see the MTI ad.
I think their training package is expensive. I think though that the education package is good. I have not completed all phases of the course but it appears you can ask questions in the mentoring session (I’m at work during the day so have reviewed some from the videos). I also think the 2-day course is intended for someone who has been doing extensive demo trading who now wants to hone the skills on the live market. The support has also been good – it appears that there have been recent changes – not sure what they are offering now but they had market analyses of the 4 major currency pairs several times a day and while the market was open you could go to a chat room to get guidance from one of their moderators.
BTW – they should have responded to the NFA complaint by this, unless they asked for an extension. haven’t seen anything on this yet.
Geotrdr said
Could not have said it better myself Sir GetRich. The are a shovel seller. Lend me your Geppy shovel nuh GetRich
GetRich said
California Gold Rush… MTI is a shovel seller! Why do they also charge their students a monthly fee for that charting package after having paid so much for the babypips education?
chilly said
K @ 822,
No one teaches their trading secrets, just their trading principles.
I am definitely a believer, I plan on trading myself, once I supplement my MTI education with the additional knowledge needed to be a good trader. I believe DS is a good trader, just not a good businessman.
K @ 823,
If he was to indulge us, I think a lot of benefit could come from it, but I just dont see the Martinez’s doing anything close. Just my humble opinion watching these guys operate over the last two years.
Geotrdr said
DRIVA!!! The FX Traders board bruk down. Can’t post nothing
Geotrdr said
@ 820
LOL. Wishfull thinking K. That guy is just bathing in cash doing things the way he does it now. You ever run the numbers…its crazy and no where as risky as trading. He has a great thing going for him, peoples’ greed. Everybody want to be rich. Soooo all you say is “I can show you how to make crazy money” and boom the class full up, dvd and books sell off. You just chat and teach people that want to be taught.
By the why there are demo accounts that mimic live accounts and are just as up to date with market fluctuations. Even though I have never take any of his classes I do believe some of the training class do have a trainner trading a live account. I could be wrong though. Any MTI “graduates” want to verify this.
K said
Chilly – more importantly, let’s say he was to indulge us, you don’t think any benefit would be gained if it were all public and everyone could see as the account moves on a daily basis?
To me that’s putting your money where your mouth is …in fact, I think it’s a great public relations move.
K said
Chilly, he teaches his trading secrets. He says what he teaches is exactly how he trades.
So there you go already you don’t even believe. which then leads me to ask why did you even think DS was a good trader?
chilly said
K @ 820,
If FX Chief has never ventured to use a live trade in his training (just some hand picked charts showing perfect and smooth market conditions, which are very rare), why should he decide to do what you ask.
Plus, I suspect if he is anything of a trader, he will be unwilling to give away his trading secrets. It is not the same as selling some basic Forex education which is more of a jigsaw puzzle for most, than a methodology.
K said
Guys follow me for a moment with this point.
I have been assimilating all the info we’ve posted over the last few weeks as well as on the spy bus. I’ve stayed away from that bus because it’s clear to me rather than capitalize on their online notoriety in a good way they persist with that continuous negative undertone. That’s indicative of the moderator/owner not being a very quick thinking chap.
So the latest buzz hitting the wire is around MTI and Mr. Martinez. Surely, he has been painted in a very negative light, none thanks to his company for that useless letter which only did more harm than good. I doubt that he consulted a PR team before submitting it for print.
Anyway onto my point.
Since FxChief is the GodFather or the self-titled Chief of forex here is what I propose he does. This at the very least will renew faith and repair his damaged image.
A lot of people especially the other bloggers on the other bus seem to believe consistent monthly gains is not possible
1. FxChief takes his own live cash at least $20,000 not demo money cause demo platforms do not account for live market fluctuations in prices, etc.
2. Preferably FxChief HIMSELF or his qualified team members trade that account with a goal in mind of producing consistently or averaging 5% per month.
3. That account should be made read-only where ANY user can log into the account and view reports of trades he has done.
4. He DOES NOT use his brokerage company.
5. He engages the services of a THIRD party, such as myself, who will act as Public Relations Officer of some sort. That person should NOT be compensated cash for his services.
6. The operation is completely transparent.
Given my depth of IT skill-set I can certainly assist Chief with getting just what he needs to make this a reality.
This simple strategy will go a long way to mute some detractors especially the ones on the other blog but more importantly the damage MTI is going to suffer from this.
I listen to the CHief online and thinks he has lots of good qualities but I think in the eyes of the Jamaican public he’s fallen short.
So if anyone wants to send this letter or suggestion to Mr. Martinez and should he want to reach me my email address is timewillreveal2008 at gmail DOT com
I welcome improvements to my suggestion.
Opportunity said
Guys be careful because the media has not always reported FACTS. They too have been reporting rumours. A lot of lazy journalism taking place. Dont rely on them about that reported “billions”.
Madre said
Hold on guys! Did I hear two people say that it was reported that is billions of dollars frozen. I will read the Gleaner article for myself but if they are reporting billions of dollars of assets frozen then money is there.
I think this needs to be highlighted and shouted from the mountain tops if it is so. People, people as RedP says lets keep focused and not drown in the negativity, but let us highlight good news when we hear it and not justdepress ourselves with bad news. Peace and Love
PEI said
Hey Tito, ah only hope none of these car or house them belong to Missa Simmit and you for that matter.
http://suntci.com/repossessed.asp
PEI said
Carlos and Bertram get free up..can walk bout likkle more. Bertram can all travel..mek we see if him come back
Bail restrictions eased for Cash Plus boss
http://www.radiojamaica.com/content/view/10398/26/
chilly said
RedP @812,
If and when I get through, I will do jus that.
RedP said
But Tito, if Willy so fool fool as him cyah tun on computah, how di hell him a go investigate?
Call him up and ask him if him want we to send Reneto Haddams over dear fi help him. All Reneto
haffi do is bus two copper and di computah will tun on by itself!! True true!! Cuz everybaddy an
every ting fraid nuh puss of reneto!! And a so him investigate!! Shot fuss ask latah!! If yuh want
all a di Jamaican dem fi lef turks jus tell dem dat haddams a come fi a visit!!
RedP said
Thank God Tito nuh get bight up, bangle up and gag!! Flori can hol on pon im quarter dem!!
I’m sure everyone is dying to see what those assets are!! Nuh True?
I fret not.
Chilly!! Tell Sir D that we are all patiently waiting and fi please hurry up. Floridian nuh like quarters, ongle paper money him deal wid, di real one, not di rich pon paper one!!
Peace
Tito said
@ Floridian, everything’s good, Willie was too busy trying to figure out how to turn on the seized computers loool
PEI said
Casper the ghost!!! hahahaha aaahh weeeeeeeeaaaaakkk!:)
Mi tell unu the man is a snake. ReptileChief!
chilly said
K @ 806,
I do not know about having anyones right ear, but I have had both in person and phone conversations with David in the recent past. However, as it now stands, I am sure his ears are pre-occupied, and any attempt to reach him by phone will be futile. When this all blows over (at least this is my intent), I will try and sit down with him again under what I hope will be better circumstances. For now, I am willing to allow the legal process to play itself out. Not because I can afford to, but because I have little interest at this point in the alternatives.
K said
Chilly – as mi seh mi kind of myopic
so onto the next point
Yesterday mi listen to FxChief online and him briefly talk about the situation in Jamaica and to me he was just trying to distance himself. I respect the man as a teacher hands down BUT given his previous actions and comments this latest stance by him kind of show mi him nuh have no backbone rasta. Yuh fi can stand by you previous comments and endorsement, even if its to say recently I don’t know what’s been going on etc, etc, but he never took that approach at all.
So yuh mean to tell mi seh him mek big big comments in class not ONCE but TWICE weh you know bout as it relates to Casper the ghost Ingrid L! and not make matters worse his brokerage firm had money for her. It wouldn’t surprise me if he or his team traded for her too. Now him a gwaan like him nuh know what a gwaan now as if to say his only concern is to teach forex. Yow somebody hold mi back yah man cause if dats not disrespect to intelligent people I don’t know what is.
Not true we talk patois pon di bus mek dem muss feel we are not intelligent. dem could a frighten to know who we really are.
Again FXchief disappoint me as man who mi tink did have backbone rasta.
Floridian said
Tito…
Good to see you man… We was fretting that Willie did hold yuh at Police Head Quarters last weekend… Glad to see them never bangle you with the silver colour bracelet dem wid the chain inna di miggle…
Or is escape yuh did escape???
K said
Chilly – hold dog!
Great post but I am only zeroing in on one comment. Sometime mi can be myopic.
“As I have shared with David in the past…”
You talk to DS. him a yuh breddren? or yuh just link him when him pass through the office wid him entourage?
Because and this is a big because..if you have the man right ear…we need to rob Floridian of his quarters and send you to TCI and mek yuh siddung with him rasta. Wi nuh trust Wignall too tough yuh nuh. then you report to us offline….and but the way since Tito just proclaim to be a free man, he will be the chaperone!
chilly said
Just a few comments on the full page spread in the Sunday Gleaner on July 27th by MTI:
“Given the recent rash of FOREX Trading schemes, scams and scandals, MTI is working to help educate the people of Jamaica on the FOREX”
-These are the same guys describing DS as a very conservative trader and one of the best
-In two separate classes I heard FX Chief singing the praises of IL
-Until now, I have never heard of any prior attempt to distant themselves from former students running Clubs
-Their education is to push partially educated students toward their platform, charting, and books
“At Market Traders Institute, we are not in the business of taking people’s money to trade on FOREX”
-Not true. They trade for DS and other clients in the USA
“We are an institution and we are committed to helping the citizens of Jamaica take control of, and improve their personal finances”
-It is foolish to try and sell the idea that every one can become a good enough trader in the FOREX market to improve themselves financially. Less than 1% of the people who take the MTI class without further education will succeed. Those who have proven themselves, such as DS, are still a much better option than everyone trying to trade for themselves.
-DS is down, so MTI sees a great opportunity to jump all over them to further their own agenda. Without the clubs in the mix, MTI sees more students, more traders, more money, and more suckers in their future.
-I hope Jamaicans are smart enough to boycott MTI. As I have shared with David in the past, I would like to see him take a role in educating Jamaicans in FOREX. It will help our people, and provide him with a possible pool of traders to share the trading work load. Much good can come from this disappointment.
Tito said
hahaha, still here and a free man lol!
heard on the radio that DS’ lawyers will be returning to supreme court next couple of days to state their case for freeing up the assets, and they said there’s reportedly billions of dollars of assets frozen. I imagine they got that figure from the jamaican press.
Peace
Floridian said
Look like Tito leave us and gone to the dark side… It seem as if Tito did really get bangle last weekend and now him come out wicked and gone pon the demon bus full time…
Dem thing deh happen all di time when yuh go a prison and get let out…
We better pray fi him…
K said
a pure pick pocket pon the next bus, I hope Tito mine himself over there.
Redp said
Yow JahB!! Whaddup pardy?
RedP said
LB and K, You guys crack me up!! LOL
As mutty perkins always says, if yuh dont laugh yuh will mad!!
Bus quiet though, everybody mussi gawn a lakeside wid Patricia!! A hope dem dont have any bridge dung deh fi ppl fi jump off!!
A wonder if David dawg dem bight up Tito mek him cyaan report een!! Wi dont want no more lawsuit!!
jahbilly said
798 K
Mi si Tito pon di oda bus. Nuh worry him sooon fine him way.
K said
Redp – to rhaatid, we did send Tito pon a mission last week and we no see him again since then. Mine wi haffi send Floridian to bail him out….ooops FLoridian a wipe car glass now him caan afford dat with all the quarters him have. TiTo mek wi know if you alright or beg the guardie a free call!
Leaving Babylon said
Still no word from FSC in TCI – very unprofessional. I still can’t believe that we are being forced to wait for some interview on Sunday, before we’ll know what they decide to tell us. My goodness are these people ever going to grow up and join us at the adult table. Maybe we should send special needs teachers and therapist to help them use the word processor thingy called a “computer” – pronounced like this COM-pyoo-ter.
RedP said
Hey Tito in the hard hat!! What’s going on over there??!! Any news?
Yuh get bangle and gag up or everything criss?
RedP
RedP said
Heads up Comment and MoneyChimp.
RedP
RedP said
Pat @ 793
Brap Brap!! Me an mi wife comin fah dinner!! Cook nuff, she likkle bit but can nyam whole heap!!
792 MoneyChimp, heads up in 10 min.
RedP
Patricia said
Comment, I’m good. Thanks to the Lord all is well in my camp, just busy with work etc. The weather has been hit or miss and I am trying to get out as much as possible with the kids.So its back to the lake, once the sun peeks out
My little one has dubbed herself an “island girl” this summer and cant get enough of the sun and lake.
RedP!! Yuh gungo !!!
Hey listen that outdoor cooking contraption sounds like a plan. If I do say so myself I am a mighty fiiiine cook. After 15 years there hasn’t been any complaints, just “yuh have anymore?” 
MoneyChimp said
RedP,
Pick me up round di corner nuh. moneychimp at hotmail dot com
RedP said
Pat@789 done
790 Comment
RE Prayer Bus, send email address to
cjb at cwjamaica dot com or olintdude at gmail dot com
and I’ll link you.
PS. Patricia busy learning how to cook!! LOLOLOLOLOL
joke yah Pat!!
RedP
Comment said
Patricia How are you doing? You have been quite busy . Hope all is going well.
Peace
Patricia said
RedP link up Floridian with the new developments, if you haven’t already.
Have a good day all.
Floridian said
Just a hail unnu up and to mek yuh know that mi nuh dead yet…
Likkle more… Mi gone a street again…
Fi go wipe car glass!!!
Madre said
RedP, thank God for people like you who reminds us to be faithful and trust God because he will deliver. Thanks again. I visit the Robot Bus jus to see the new headlines, as I am sometimes too busy to listen to the news. I don’t read their posts much because as someone on this bus said, they seem to only hit the same keys and say the same thing no matter what the issue.
They are bent on breaking people’s spirit. Some PR company is paying them well to spread the propoganda but I think that they forget that this is Jamaica, although we have a low literacy rate our people are intelligent and can’t be fooled so easily.
One example was the case with Cash Plus and Super Plus. I was so shocked when people started chanting this slogan. Jamaicans are not fools, so let pop down Robot bus try, but Jamaicans are smart.
D-Mac said
DR @ 780
I agree with you 110%. Can you imagine the run that WW will have come Aug 5? I have some funds with O and WW and i’m fretting like a little b@#%h. I have no finger nails left. My main concern is not that they’re gonna run off with the funds but that they’ll offer some elaborate payment timeline like MD and O. Trust mi, they’re expecting the run so listen for the excuses come Tuesday. The very thought of it is already depressing.
Opportunity said
NCB growing from strength to strength:
http://www.jamaica-gleaner.com/gleaner/20080730/business/business5.html
RedP said
BTW just in case you guys think that I have always been this way, I was not. I grew up in an agnostic, non church going family. I was a big time scoffer and God curser. I used to belittle christians and anyone that got born again. And then God showed up and proved himself to me.
Life has not been hunky dory for me and I have faced many trials and tribulations. God has given me victory in each and everyone. Each one is a trial and test of faith. That is why I can speak positively. Because I know beyond a shadow of a doubt that there is nothing that is impossible for Him to do or overcome.
Yes, sometimes I fall down, I am not perfect. But He gives me the ability to get back up again. Yes sometimes circumstances cloud my vision but somehow He always makes my faith rise up and I speak to that mountain to be thou removed and be ye cast into the sea.
It takes time to build faith and make it strong but if I can do it so can anyone else. we were all born with a measure of faith but just like any muscle, you have to exercise it.
RedP
V Happi said
good Morning
I understand the Big O has only one account in Jamaica which he is fighting to keep.
Why don’t we lobby Minister Wheby(Minister of Finance) to instruct the Regulators to allow another bank to open an account for the Big O and a few others?
This is even more urgent and important if WW is to open for business August 5, 2008.
Remember their accounts were closed by RBTT shortly before they suspend their business activities.
RedP said
Sorry di mannahs!!
Good Morning nice beautiful pretty ppl!!
What a lovely day to go fishing!!
DSilverLining, Warm up di engines, mi a lock shop and a go fi mi tackle box!!
RedP said
Madre @ 779
Thanks for the compliment Madre.
I am just trying to wake ppl up to the FACT that there is a Great big God that loves them and gives them the ability to change their circumstances through HIS power. He can turn this situation around easily but it requires faith on our part, speaking it into existence, without doubting or speaking negativity.
Negativity begets fear, depression, anxiety, worry, nervousness, doubt and all kinda supm that makes it harder for God to work in your life. That is why I urge ppl to stay away from the popdung robot bus, not because I’m against free speech and other ppls opinion but because it is nothing but a hotbed of negativity and I question their motives.
I know that without a doubt that there are righteous ppl in ALL the clubs and God promises not to suffer their foot to be moved and not to be afflicted. He will deliver them from there trials and tribulations. Its His promise.
God is not a promise breaker or a liar or He couldn’t be God could He?? This is why I urge ppl to take their eyes off there circumstance. We need to trust God and learn His precepts, principles and natural laws and get it down into our spirit.
Apostle Paul instructs us to walk by faith and not sight. By this he means to take our eyes off our circumstance and let your faith show you where you want to be. Joel Osteen put it this way, in a nutshell he says to stop looking at your circumstance and lot in life by just giving up and live the status quo. He says to open your spiritual eyes and envision where you want to be, start SPEAKING it into existence, remain steadfast, have Faith and dont doubt.
God spoke everything into existence and has given us all a measure of this creative power. When you start SPEAKING the word of God into your life, standing on His promises, envisioning a victorious, fulfilling life, DOUBTING NOTHING, it is well pleasing to HIM and He honours it because you are showing HIM that you are completely dependant on HIM. That is when you give Him the room to work, and that is when you realize that He is your all in all and begin to get revelation of how much he loves you. Most of all, that is when you start having a relationship with Him which is His hearts desire because ultimately that is why we were created. To have fellowship with God. He is no respecter of persons and His invitation is open to all, even Missah Leaching.
What an Awesome God.
Prayer Bus:- cjb at cwjamaica dot com or olintdude at gmail dot com
Love
RedP
DR said
You mean, in a few days we will know if WW was a part of The Lint, the Daises or The KeenEx…………. just a matter of time.
You really think come Aug 5, they are gonna pay…they would have to close on Aug 6.//// there would be a BIG RUN on them….
Madre said
Olint for Life, #778 You are too funny, I love that one Ha, ha, ha. Really good medecine.
RedP 773 You are suc a comedian. I really admire your strong faith in God with a strong sene of reality. Yes man, mek wi tie dem up and mek Floridian do him thing.
Leaving Babylon 776 I totally forgot about the tourist dollars to be gained and the positive impact on our economy. Fighting Olint is the same as waging a war wih Olint investors and many Olint investors are good people with plans to better themselves and their society.
Giving to charities, helping the less fortunate in their families and environment. I personally know a group of guys who adopted a Basic school, they puchase equipment host treats at Christmas time. How can someone or a group of people want to fight these people, it a lose, lose situation. We lose and so does the economy and the banks by extension.
If Olint investors recover their money, some businesses will be kept open, people would be able to combat the high cost of living which keeps unemployment down and the crime rate down I know some business owners who used their interest to offset their losses and were able to keep their staff paid.
People would not keep money under their mattress, they would purchase assets etc. and the merchants would then take their profits to the bank then the banks use it for loans or further investment. To fight Olint is to ultimately fight the banks and the economy and I know that they are smarter than that. Help Olint investors is a win, win for everyone.
Olint-for-life said
Guys
Take a little break and have a laugh on me.
It is good medicine to ease a broken heart, bruk pocket, and mental discomfort.
Remember,
Laugh, and the world laughs with you.
Weep, and you weep alone.
Olint-for-life
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
HOUSE BOY: BAKARI
Bakari is a house boy who every day drinks the wine of his Boss and puts water in the bottle to replace what he drank. But the Boss having suspicions as for the quality of the wine, he decides to buy pastis (a French wine that changes colour if you add water).
Bakari as usual, takes a mouthful and add water to replace what he drank however, soon after he added water the pastis became milky.
When the Boss came back and noticed it, he was sure he had managed to nail Bakari as thief!!! At that same moment Bakari realized he was in trouble and decided to go into the kitchen.
The Boss told his wife that ‘Mary, you will see today, he will be obliged to acknowledge’. So he calls Bakari.
He shouted: ‘Bakari!’
Bakari answered: ‘Yes, Boss’
Boss: ‘Who drank my pastis?’
No answer.
The Boss reiterated his question: ‘Who drank my wine?’
Still, No answer.
Then the Boss went to fetch Bakari from the kitchen and says to him:
You insane or what? Why when I call you, you say yes boss’ but when I ask you a question you don’t answer me?
Bakari retorted that ‘It is that boss, when you are in the kitchen there, you don’t hear anything at all, except the name.
Then to prove that Bakari lies, the Boss says to him:
‘You stay beside Madam here, me I go in the kitchen, and you ask me a question ‘.
Bakari accepted and the Boss went in the kitchen.
Bakari shouted: ‘Boss’.
He answered: ‘Yes, Bakari’.
Bakari continued: ‘Who goes in the maid bedroom when the Madam is not here?’
No answer.
Bakari shouted again: ‘Boss, I say who made the maid pregnant?’
No answer.
Bakari shouted again (third time): ‘Boss, I say who made the maid pregnant?’
The Boss returns from the kitchen running and says, Bakari; it is true, you are right. When one is in the kitchen, one does not hear anything, only the name!
Good day
Paige said
#749 Curves
I received the money mid July. I am not sure where the wire was originated but I do know the principal is in touch with the JA office on a daily basis and it was sorted out there. The only thing is this was a request that I had made before they ceased paying out. Initially I was told that they would not be making any payouts until August even though I had made my request the month before. However I explained my situation and sent documentation and I received the funds requested.
#768 Fuzzy
I don’t know about that. I feel they will continue. maybe the rates will be steadily low for a while but they seem to be on the up and up. The staff member I dealt with is a very compassionate individual who knows what it is like to suffer a loss at the hands of a ponzi operator. I am generally a good reader of people and the staff person seems very sincere. I believe her when she says currently they are financially sound.
Leaving Babylon said
Madre 761 – I appreciate your comments. What’s so sad, is just think how many people from the US were looking at or planning on coming to Jamaica for their first time because of O and David. Now all those tourism dollars that lead to more tourism, jobs, and additional investment in Jamaican enterprises are fading and the reputation is simply falling. The whole thing just reeks of people in power scared of losing their power and they’re taking the reputation of an entire people down with themselves.
waiting in the wings said
im in farin fi a likkle bit but i really believe that people should wait to hear from david himself. is too much speculation as for worldwise and may daisy it hurt mi heart fi see them take good good people fi foool. yet another deadline to wait and see and get disappointed nobady nuh hear nothing from ingrid loiten and nobady nah say nothing its so strange how jamaicans behave
i will be pursuing legal action gainst my pig becuase i was told a flatout lie/s and that not right star . i give my money becuase she say she find trader who good and she confident him. then she a tell people say a david get the money although she make you take your money wey you did give her fi david and put with her and now she a say a david to blame.
tony williamson mi nuh know nuttin bout but hear say him was inna insurance before mi bawn.
Maurice harris mi nuh know nuttin bout either cept say him had assets frozen.
i dont accept her explanation so i will sue her and hope say that mi get pay out fi har money whey she got cause she got a lot.
all the pigs wey me know start live some rahtid life wid di people dem money and believe sey a fi dem own.
I have yet to hear bout no 80% that is safe and will be returned mi hear say funds were lost period. bwoy it rough.
hi red p heads up prayer bus
PEI said
Hey RedP before you leave the store for the day see a question for you on Talg general bout steel. Mine yuh hav to pay Driva commision
PEI said
I did nt get how BNS involved. The explanation I get involve NCB and whoever is the middle bank for ncb. The bank missing is whoever it go to before NCB. That is the culprit. Which other bank involve in these arrangements that would reject a wire from O?
A next thing that puzzle me is if you listen to DS interview on July 7 when him was hoping and praying wire reach you realize now that him had an idea say the attaclapse ah come. because is July 11 the DOJ letter, July 14th TCI people raid him and freeze accounts. He was hoping the money send and reach before the DOJ freeze happen. Him did know that if the money never make it then it was not making it again for only God knows. But him couldnt come out and say all that was really going on.
That DOJ freeze dont happen just so that was months in the making. Wachovia and the brokers and NFA were all involved as part of the investigation before they drop the hammer. Look how we hear due dilg done hip hip hooray. Look how NFA come out and say that the complaint not against O, but then right after that DOJ lick him and TCI grab him.
Maybe is the Nov Dec run start it and the Feds finds some pharmacists names and so on along with fishy looking money movements and it just start build from there.
But you see how the tician slip out and leff di whole ah we wid di crasses.Me really want see is wha him gwine buss an tell Missa Wignal.
RedP said
How bout we tek all a di bank president and directah dem, tie dem up and mek Floridian shot some
tump, bax and kick til smaddy talk how it go?? Mi bet yuh seh Floridian woulda do dat deh wuk fi
free!! LOLOLOLOLOL
Madre said
Yes, what is so special about Aug. 5th? I agree, how Ja so small and no one can confirm the wire. Well some people said the money was sent, there seems to be some secrecy about where and why it was either sent back or not disbursed. I don’t want to start any rumours but the bankers well know what happened.
They prefer for people to think that it was not sent and that there is no money. How come 300 million was disbursed in Dec. so was that all of the money. How come there was 300 million to give back the big guys (causing the WAchovia investigation) but all of a sudden the detractors are trying to tell us that there is no money.
FuzzyOriginal said
August 5, is when ww will back online and clients will be able to withdraw etc. Letter issued previously on July 15, 2008
K said
Opportunity – a same thing mi seh too. Ja so small how come it cannot be confirmed or denied through the grapevine if a wire came in or not.
K said
Fuzzy – What’s so special about August 5th?
FuzzyOriginal said
Paige @747
Comes next week (August 5, 2008)story will come to bump. At this point chicken must come home roost and ww musy s**t or get off the can. But at that point they will tell you say the monies are tied up in O. I guess no one remember that they had their own traders are was that just argument?. We will see in 7 days time, set your clock. Tic tic, tic, …..
Opportunity said
But seriously now pple. JA is such a small place and no one here can definitively say whether a wire was sent or not. Somebody no mus know? Somebody no mus know somebody who can say wire sent or not? This cannot be a mystery. It would seem that there is a gag order on bank staff or threats if such info is revealed?
Bwoy it just don’t mek sense to me. At least not in JA where everybody knows everybody business and who fooling round with who husband and wife.
Opportunity said
Overchill,
There is clearly more to Hylton than meets the eye. Many things with him just don’t add up.
)
(Maybe you can ask the wealthy administrators from the renegade site who clearly have tons of free time to investigate him for you. But wait! they can’t investigate their own
RSI said
@ # 752
I just heard the rumour that they left the country. So I get it so I give it. I dunno if it is true.
Overchill said
Is that hylton guy still on the fsc payroll? Can anyone check this. is there a way?
Seems odd he just gets up one day and quits. Maybe he was looking through the paper and saw an ad for a defence lawyer against O and thought that position would suit him.
Can he be charged with anything if he walks back into his old position at fsc when all this is done?
K said
now it’s BNS and reason Bill forced to retired….sounds like another rumor mill production. Only DS can prove to me money came into Jamaica. I don’t believe he even went to the damn bank!
RedP said
Mi Raah!! How di bus so quiet?? Everybody gawn go look wuk or gawn go look lawyer??!!
Go look fi God instead, Him easier to find!!
Madre @ 761
Greed is a hell of a thing. Pride is even worse.
Stay away from the popdung robot, their negativity will just lead you to the depths of despair.
Peace
RedP
Madre said
Guys, according to the other bus , the news report says that Olint is fighting to get its assets unfrozen.
This may be the good news that the original Janice was trying to hint at when she spoke of th eresurrection of DS. Guys I am still hopeful.
My serious problem though is that the politicians seemed to have a lot to do with Olint’s demise and are staying pretty quiet. It was Bovell and his cronies that allegedly withdrew their money in December which raised red flags hence the Wachovia investigation. So possibly the politicians were behind this all along. They recvered their moneies and just played mum so the rest of us could be in this predicament. Wow, what a wonderful way to show tha “We love Jamaica”.
Another bit of news that I just heard from a friend is that the money was wired to BNS and not NCB and MLC advised or pressured his friend Bill to send it back. I hear that is a part of why Bill was fired.
Now NCB is battling to close Olint’s account. Why don’t they give it up and help Olint to pay off the investors..What a way these bankers namely MLC and our politicians that we put in power with passion “love Jamaica’>
My thoughts guys, take care nuff love, say strong God Bless you.
RedP said
Comment just send me your email address to cjb at cwjamaica dot com witha heads up and I will link you.
RedP
RedP said
K 756
Awoah!! Im a swap work!! Him a turn SWAPPER now!! LOL
K said
I for one would love to know the costs of these legal fights he’s been undertaking for some near 2 years now.
K said
Olint news on RJR….for what little its worth…just yet another legal battle …..geesh
http://www.radiojamaica.com/content/view/10351/26/
K said
Redp, no worry about Ducta, him gone go look new work
Comment said
Rep How can i join up? Please let me know.
RedP said
Prayer Bus
olintdude at gmail dot com
cjb at cwjamaica dot com
Thanks fi di free advert Drivah!! A jus hope seh ductah nuh try extort no funds from mi!! Membah mi buy one year bus pass!!
RedP said
Good morning nice ppl!!
Heads up prayer bus check mail.
Anybody want to join up? any requests?
Have faith guys, this thing will work out. Have patience, give God room to work, cuz Him done start already!!
Redp
d_silver_lining said
@ 750 RSI
Why do you say WW has packed up? They just spent a rumoured $2m usd on their new location…you think they will jump ship anyways?
Just curious, I have know investment with WW…but they did buy the building from a friend of mine.
K said
I have an observation about all these clubs. The media seems to focus primarily on O.
What about the other clubs that are not releasing info to their client and the owners seem to just be slipping away WorldWise and MayDaisy more specifically?
RSI said
Well You r very lucky. I heard worldwise has packed up their suitcase with all of their clients money and left the country
Curves said
Paige:
When did receive your emergency funds?
Curves said
Waiting in the wings Says:
Post 694 :
When and where did you get that notice from?
Paige said
Fyier #743
I had a pressing need and was given an emergency withdrawal after proving my emergency. Life is funny and why I say that is out of three clubs I had the least faith in the wise one and they are the one who came through for me in my time of need.
KEEPIN THE FAITH said
#744 Sandman….Excerpt taken from your link: http://www.caribbeannetnews.com/news-9422-37-37-.html
“According to the NFA, the suspicious activity included “extensive and unexplained wire activity; deposits followed by a request to transfer the funds to a third party without any apparent business reason; and unexplained, extensive wire activity with very low trading levels in the accounts”
The explanation:
The nature of the business calls for the extensive wire activity, however after wiring the funds to the MTI trading platform, The trader decided that he will no longer be using that platform and tranferred the money out and stop trading f***ed-up trading platform.
A so it go, its not a ponzi, its not a ponzi, its not a ponzi.
bruk pakit said
# 742 Thanks Rabbit!
Sandman said
http://www.caribbeannetnews.com/news-9422–37-37–.html
fyier said
With all this drama going on, there is no word here about not so wise. Are any of you guys waiting for funds from them and if so do you have any information that can gives us any assurance that they will pay? In their last press release they issued the oh so familiar story about a ‘payment schedule’ which will be announced sometime after Aug 4. These ‘payment schedules’ have turned into doom so far so…….waiting to exhale.
I was relieved to see that they did reduce their returns for May and June but it raises questions about the validity of the 12% they were paying before that. In my last telephone call to their office I was told that ‘mistakes were made in relation to funds’ and that is why an audit is necessary. Were people withdrawing more than they had in their account, was it embezzled, promising 12% when they really were earning 4, other causes or a combination of the above?
One thing for sure come August 4, not so wise will have to stop hiding behind their audit and come forward with some money.
Rabbit said
@Bruk Packit – 714
Observer shows Mark Wignalls email as observemark AT gmail DOT com
Paige said
PEI and JCAN please link me at Pattypage73 at aol dot com
HBJ said
Dehustle, should we be nice to Tracey because David is going to jail????
PEI said
Is 2 weeks now since Mark Knighton team from the turks police raid Super D house and take the computers and some documents. Den dem find anything yet?? any thing incriminating? how we dont get no update from the police or Super lawyer. Mi nuh understand.
Ah so long it tek fi see what on the computer and take a part the hardn drive or whatsoever it name?
PEI said
Dehustle so what yuh saying?? Tracey is the key to di money ???
Billy said
Who is to say the figures at post 733 are correct?
I once met the VP of a Public Relations company from Canada, on a flight. She shared with me that the function of her company was to feed to the media what companies wanted the public to know. A lot of which was twisted truth….
And I am talking of REALLY BIG companies. For that, her company is paid millions.
In any event, it is no secret that MLC has deep investments in the media industry.
Dehustle said
Floridian
If i were You I would be nice to Tracey………….
Floridian said
PEI…
Mi nah mek Wayne and Tracey redundant cause dem woulda haffi get a pay-out and some a we in yah coulda use the likkle dividends that dem woulda get…
Me woulda prefer one a we get dem redundant package…
Is demote we a go demote them… Them salary going chop by bout 90%…
And is U.S. mi a talk!!!
RedP said
Yow Flori, hail up!!
PEI @ 733
Drats!! Cho bumbo!! Leeching obeah trang!! Nuh worry, when my DADDY done wid him him nah go have no peace!!
PEI said
NCB operating revenue up 18%. There customer deposit uo 10%. So is who really lock them account???? No wonder them can flex suh. Dem know seh Jamaicans just run up dem mout!
http://www.radiojamaica.com/content/view/10238/52/
Bless said
Why people keep asking what is the agenda of the robot bus?
It is plain to the blind man- run by Lee chin family – open agenda
Opportunity said
NCB Application Denied:
http://go-jamaica.com/news/read_article.php?id=2937
PEI said
Hey Floridian good to see you man. Job hunt eeeh? Best of luck and I hope something good come up soon. since you missing yuh nuh see seh people them quiet and is like Driva park up a terminus. Anyway respects.
Di job that you giving Wayne and Tracey too big fi dem though.Dem fi jus mek redundant.
Floridian said
Just checking in…
On the job hunt so not much time to post anymore like I once did… Took a visit over to the next bus… Same old, same old… They have a lot of posts but it is really from a handful of the same people making points and counter points…
No news to report from any of my sources and I guess we are still in the wait and see mode as it relates to Olint…
I did read in a post above that the TCI police are sorting out Olint’s documents and putting them IN ORDER…
Good… So when they finish sorting them out and putting them in the correct sequence… Maybe if Olint opens back up… All the documents will be dated chronologically and member files will be in the correct alphabetical order…
In fact… If Olint does get out of this mess… Maybe they should even hire the detectives from the TCI Police to become their administrative and back office staff while still retaining the services of Wayne and Tracey…
Wayne fi sweep floor and wipe off desk and Tracey fi mek coffee and tea a morning time.
RedP said
Wow di bus quiet!!
Everybody either.
1 Gawn to lunch
2 Gawn go look wuk
3 gawn pon vacation
4 gawn a church to pray!!
K said
PEI – what did the ad read?
Mr. Martinez is a liar!
He has tried to distance himself from this situation in his weekly online class.
He must have forgotten that we know how MTI came to Jamaica and how they represented themselves tightly with DS.
They at one point shared offices with DS if I am not mistaken.
They allowed members of O to purchase their courseware through them.
They entered in a formal engagement to have DS give $100 of his OWN money for signing up with his broker.
He donated money to Jamaica at a press conference attended by his wife and son, David and his wife.
He has benefited in the millions from the cost of the course and the ongoing monthly fees he charges students. He used to speak how much the Jamaican classes were sold out!.
What does he take us for?
I hate when heat gets to a business owner and the best thing they can do is quickly distance themselves. That’s what I define as political motivated or a ghastly coward act.
If he were standing right here now I would tell him that to his face.
Even a Jamaican trader is complaining about your brokerage firm Mr. Martinez! Granted I think he has other issues as well relating to his trading but he calls your brokerage firm in a bad light.
Patricia said
Investigations by TCI authorities continue
“We have not completed our examinations of the evidence yet, but normally in a case like this, we would sort documents out, then we would examine them. You have to work through and put them in proper order and develop charts – we have to work by charts. And so, as soon as information becomes available the police would not hesitate to divulge them,” Hughes said.
http://www.suntci.com/olint.asp
Overchill said
Shareholders getting twitchy now
Jobs are starting to be cut
Many loans out there soon need collecting but that’s not gonna be easy
Hmmm…
PEI said
next ting like how some body leak out how much money in O accounts with the bank, them cant leak out confirmation on whether the wire did really send or not. Come media maybe you not offering enough to get the juice. increase the offers.
Who see Missa Martinez ad in gleaner on Sunday? Him a act like DDJnr now like snake or shark . them smell blood and moving in for the kill.
K said
NCB shareholders should be sending letters to management and directors demanding what is the end goal and why is their dividends being eaten into for a frivolous lawsuit.
Lee Chin must have forgotten NCB is a publicly traded firm or his family own majority shares anyway.
Comment said
Rep # 716 and overchill #719
I could not agree with you more. peace be still.
K said
Jonothan @ 718
Yes the news made its way to the spy bus.
AGAIN, my question is and has always been WHY is NCB so aggressive to close O’s account?
A bank closing their customer’s account and incurring all these expenses in the process, to what end and for what? It just seems ridiculous to me unless you have an agenda or its a power fight.
What would not amaze me is judge and/or his family also has money in O
At best though this bank vs customer trial is a waste of the courts time. Jamaica has so many other pressing legal matters to deal with, cases backlogged for years and NCB tying up the courts time with frivolity.
I wish someone would leak or uncover how much NCB has incurred in this quest against one customer!
PEI said
Me know that the bank have a problem with O but they spending plenty money and time on these court case to lock O accounts. It kinda seem weird now. Is like them under some big pressure.
Overchill said
To cause widespread panic and confusion… They just keep repeating themselves over and over, so any newcomers to their site hear what they want.
I’ve seen posts on that site by two different people, and they were word for word. I think they forget who theyre supposed to be posting as sometimes.
I just dont know how people can dedicate so much of their time to posting negitive stuff that doesnt even concern them.
jonothan said
wonder if this piece of news will be featured on the other bus? but seriously though, what do you think the agenda of the other bus is?
jonothan said
just came on the news. di court run weh NCB so dem cyaan tek dem case re closing olint a/c to di privy council. punks !!!
RedP said
PPL should stay away from the robot bus. Negativity breeds doubt, fear, depression and desperation.
Question it and ask yourself how much posted on that popdung bus is truth. Most of it is based on speculation and hearsay.
Ppl paid to make other ppls lives miserable. How do they sleep at night?? What purpose do their lives have.
The way I see it is that if I cant be a blessing to somebody then my life has absolutely no purpose at all.
Redp
RedP said
Mawning Nice PPL!!
Hope you all had a great w/e.
Anybody up for the prayer bus?? Things are happening and God is working and ppl starting to feel a difference!! email olintdude at gmail dot com
thanks to all those who joined so far and are making a difference in ppls lives!!
DR @ 681
Same church!! Awesome church and amazing pastor dont it!!
WaitingInWings @ 675
You can come to DR and my church. They will lead you down the right path mi friend. It’s a happening church, dem dont care how yuh look, rich and poor are there, ppl from all walks of life and all colours, its a boom church weh love God!!
Cryptic @ 677-8
I love your posts and I agree. I dont mean to harp on the money thing but listen. Abraham, the Father of our faith was one of the richest dudes around. Why? His wealth did not make him take his eyes off the Lord.
Money is not the be all and end all to life i agree, and also the Lord is to be our all in all, but if a wealthy man is unwavering and steadfast in his walk with God there is noway that money can sway him. Look at Job, he was one of the wealthiest men around and also one of the most righteous, wasn’t it God who blessed him with that wealth? Why does He say that He gives us the ability to achieve wealth? Personally I feel that it is important to Him.
Johnathon @ 680
The way I see it is this. If you look at God’s creation with its millions of galaxies, solar systems and planets I’d be pretty amazed if our planet is the only that can sustain life.
Get a DAKES bible, it has copious notes and speaks to issues like these.
PPL I know I dont post much bout investment clubs but fret not, Olint will NOT go down!!
Love and Peace
RedP
bruk pakit said
Mi hear mi name, everybody a seh dem tun “bruk pakit”. I wonder if DS know how many lives affected? Anyway, how does one e-mail Mark Wignall? I suspect though that DS attorneys will draft both the questions and the answers. ….
….Di bus kinda get empty? Everybody gawn look work.
PEI said
DS have time to talk to Mark Wignall when he should first talk to the members who ah dead now from heart failure bruk pakit and all sort of body come down. Wha kinda ting dat man?
Is plenty questions people have so I hope that Missa Wignall take a trip on all the blogs to see what people saying and want to know bout. Me also want know if the PNP and JLP will give back the money they get from O between the two of them almost $2million US and me sure is really more when you take in what one one MPs did get to run in the election. All this money DS gi weh widout proper accounts?? while him did Go go ing and gambling??? Listen people please email questions to Mark Wignall to ask Missa Simit. Hurry up because the article have to finish by Thursday. Missa Wignall finger dem gwine drap off when him done type.
Geotrdr said
Bwoy…things turn south and everybody asking for the other bus.
K said
CS – we’ve posted it before..here it is again
investforlife.wordpress.com/category/ufos/olint/
CS said
I keep hearing talk of the other bus. Could someone post the web address here or email it to me at conalspe@hotmail.com. Thanks
Geotrdr said
Yes K…a load of crap….steaming smelly crap.
Why one on one with MW? Probably because Mr. Wignall will show him in a favourable light. Probably because he wants everybody and not just his clients to hear what he has to say. He wants to tell everybody he is not a thief, not just his clients. I really don’t expect much from the interview. DS will dodge hard questions…well the hard questions will not even be printed cause the two man is fren. True answers to the hard questions will probably cause even more panic….plus MW have a vested interest in the success of DS soooooooooo you know who it going to go.
OR come to think of it I could be wrong and this could be MW chance to cover his own a$$ and sell out DS….nuff man getting sued and threats flying all over the place so crazy things can happen.
K said
Now that I think about it that entire letter is bunch of BullS!^@ but what do I care I have no money in them.
I just want to know why Mr. Smith plans to hold a one-and-one with Wignall when his first obligation is to his clients. If someone has the right or left ear of Mr. Smith, please ring a JLP bell beside it so he can come back to reality. Mr. Smith you are loosing a stripe everyday in my book…and you had more stripes than a zebra when you started!
K said
Geotrdr, yeha I know the technical difference between spike and S/L hunt. In my opinion you cannot really complain about a spike unless it stops you out. Spikes tend to happen in volatile times when news is being released, drastic world event, non-farm payroll, etc.
Spikes are common to any given trading day. Unless your broker is the only one with a drastic spike I am going to wave the white flag of BullS!^@ on that point in the letter.
To me the spike is a problem if you get stopped out. How can you blame the broker for a spike, that’s why good traders trade with a stop loss. I think he’s more referring to stop loss hunting or what I like to call broker creeping
Geotrdr said
RE post 694.
I dont have any money with GH or this pig so you take my comment with a grain of salt if you wish.
The biggest BS statement there is “This was a result of the hostility being experienced by the Jamaican Traders in the industry which led to their trade being spiked causing them to lose funds on the trading platforms.” WHAT!!!!! What that really mean, what is this guy try to say?
The “industry” which industry are the refering to Sir/Maddam? The forex industry? So one of the largest in industries in the WORLD has time to mess with little pow pow traders in Jamaica…LOL. Talk about passing the buck. You must mean a different industry. I must be wrong in my assumption. I must be!
So let me see if I can get the flow of this right. The “Industry” calls up I Trade FX and tells them to fill Jamaican traders’ long orders at a higher price than qouted and fill short orders at a lower price than qouted. Ok. Then I Trade FX pulls up a list of all there Jamaican Traders and programs their platform to rip off jamaican traders. Right.
I don’t know much about I Trade FX. But do they not have a dealing desk? Meaning THEY set the quotes. So if there was funny monkey business it would have to be done by them.
ForEx trading can be a real complicated thing. ForEx trading IS a real complicated thing for people who know nothing about it so its easy to tell those people B^ll Sh#t and they buy it.
Jamaica, Land of Wood and Water AND B&LL S^%T
K,
Spikes and Stop Loss hunting are two different things. I don’t want to clog up this post with anymore of my ranting so I’m not going to bother explain it. The info is on the net, but “spikes” happen everyday. Spike are infamous around news time.
Dehustle said
Nite Guys
just checkin in after a loong break
Floridian U crack me up
Well re the Wignall piece today all I have to say Is
1) IF there is a gag order or how can Ds talk to the press?
2) If He can talk to the press then why cant he talk to Club members ?
richesrus said
whats the word on md
Billy said
The courts was not there when we were all wiring our money.
The media was not the one to tell us all to invest with DS.
It is a blatant disregard of our trust in him when we have to rely on hear-say and speculation, trying to decipher what is happening.
We should not have to wait on MW or anyone outside of the DS camp to be informed of the state of affairs.
DS/OLINT needs to man-up and come to his members board with something. ANYTHING….to allay our fears, confirm or deny what is happening.
He has always communicated via the olint website or through our email contact.
I am sure our email addresses is not on the seized computers as we have all had one letter which really said nothing.
I am sure he reads this blog or is kept informed of what is posted here.
David Smith. Be Man and not a Mini Mouse and hide behind the confusion as you only add to it when you say NOTHING.
paul h said
I think the “Pigs” are just too trusting and naive.I don’t think is levelling with anybody at this time.If so he’s displaying a classic case of split personality.No gag order can prevent you from speaking the truth regarding events.And what is he gonna say to MW the same line he’s been giving the Pigs.This saga goes beyond trading bad,I think it’s more good traders gone bad or mad.
chilly said
K @ 696,
I know one other large trader who had their spreads spiked by I-Trade FX over a year ago, but they were able to recover their funds. I trained with I-Trade FX, but I can tell you this, I have never trusted them. Their marketing to premarturely get new trainees on to their platform is dishonest at best.
I must say however, that I remember this same Garth Harris claiming to have been robbed by OANDA last year. Considering OANDA’s strong reputation in the industry as an honest broker, I would say this is a case of a bad workman blaming his tools.
K said
Honestly, Jamaica has never been a set of people to rally for one cause other than perhaps and football and cricket when West Indies were on top.
I think all investors of these clubs need to withdraw and send a clear message “no full disclosure and get our middle fingers” keep your high % promises. It’s clear that these folks have no controls and proper systems in place for dealing with large sums invested and entrusted to them.
They think they are dictators with our money.
Truthfully, it probably won’t happen since people still want the interest in an already depressed Jamaica economy.
PEI said
I dont know about trading and ask question to try understand some of the things I hear about. I hear from a trader that some strange things were hapening for some months. I ask long time what anybody know about Martinez cause his name come up plenty and not in good ways. I also hear that DS had big big losses I think it was April or May and that it was some thing to do with the platform he was using and strange things that were happening. Me really cant explain but it just seem like plenty things going on all at once to just mash up the clubs one way or the other. Me understand that many brokers are just theif
Now columnist him just a get me suspicious bout his operations cause all now me cant get no clear word but what happening but see him post 3% for June
K said
Another observation relating to Mark Wignall’s column on Olint.
If there is a gag order on DS or O can he really give the “full hundred”?
Should next week we read information which suggests it went beyond a gag order then we will have reason to believe the gag order mentioned by his attorney 2 Friday’s ago is BS.
However, I would find that hard to believe because his attorney specifically called a TCI justice in the interview so he would have made a grave error if that was not the case.
I cannot wait to read wait DS has to say in this expose!
My last question is why under God’s good grace would he communicate first to Mark Wignall to give the full hundred when he has an obligation to all his members and he has said nothing since that letter 2 Fridays ago. Come one David SMith have you lost your marbles?
Bless said
Since Cash Plus was a ponzi, how is the Premier League trying a claim money from an illegal venture?
What happen to the money that was paid out to the political parties for election from an illegal venture again?
The receiver him gone with US$2.5 M, the trustee him a collect his How much millions US, Premier League claiming illegal gotten monies
All of these actions were taken with the investors in mind who will not get a cent – strange world indeed
K said
OK, give me a moment to dissect this latest letter from “pig”, Mr. Williamson.
At first read I can only conclude the wording of the letter serves to confuse the members with loose trading jargon which they believe members will buy into.
I think members should respond demanding further clarification on a few points.
1. The document reads “funds were lost in trading platforms”. Are they saying every last penny was lost? At least a figure or % should be ascertained by members.
2. The section about “was a result of the hostility being experienced by the Jamaican Traders in the industry”. Are they milking the conspiracy theory angle to the last drop. Since this is a USA broker-client issue is the broker now apart of the conspiracy which is against their Jamaican traders on a whole?
3. Now for the clincher, what on earth does this mean “which led to their trade being spiked”
Within my capacity of forex knowledge and trading experience this implies the broker hunted their stop loss to take them out of their trades for a loss. Now, this argument has been going on for a long while. The reputable big brokers should not have to do this. The bucket shops anything is possible but with tougher restrictions coming they should be minimized. Also, if their stop loss was never touched by market prices but they were still stopped out then they should be able to resolve this with their broker. What I also find very interesting is their broker is ItradeFX, a company owned by FXCHief, I would not be surprised if Gareth Harris was also trained to some extent by MTI and has a relationship with Mr. Martinez. So does he know believe Mr. MArtinez broker firm is not above board. These issues need to raised with management by members.
Bless said
Well Carlos let MLC out smart him, he sponsor the Premier league could not pay up, NCB paid the 8M – Premier League took Cash Plus to court to have it wind up, the Trustee for (PL) withdrawn the case stating that Carlos is not the man in charge anymore so I guess that was the reason for the 8M payment never see smoke without fire
Olint now – NCB again lying through them teeth- but what do you expect from satan —
Jesus Christ has prevail always
waiting in the wings said
good morning y’all my pig sent this letter to the clients which i find strange.
But take a look at it and see if it helps in any way.
Dear Club Members,
We apologise for not communicating with you before now, about the situation concerning your investments.
We advise, the funds invested were placed with the trader Gareth Harris and Mr. Tony Williamson who has someone who traded for him.
Mr. Tony Williamson declared in March 2008 that the funds were lost in trading platforms. Gareth Harris also declared that the funds were lost in trading on I Trade FX in March 2008. This was a result of the hostility being experienced by the Jamaican Traders in the industry which led to their trade being spiked causing them to lose funds on the trading platforms.
However, we hesitated to inform you as both parties were taking steps to recover the sums. With respect to Gareth Harris, he informed us that he was testing other platforms to try trade and recover the funds lost. Mr. Harris had indicated that he would have been on target for payout in October 2008. However, the test is still not completed and an additional 2 to 3 weeks is needed before completion. At which time we expect the recovery process to begin.
Mr. Williamson declared that he had placed funds with OLINT and had promised to pay when those sums were received from OLINT, but OLINT is now experiencing problems and have said that they are requesting nine months to repay their investors.
In light of all the above, we tried to avoid alarming you as we were getting assurances that if all went well, payments would have been made to us within an anticipated short period of time to enable us to honour encashment request from our members.
We do ask your patience and restraint at this time as there is hope, but the recovery process is time sensitive.
Rabbit said
Second article
http://www.jamaica-gleaner.com/gleaner/20080727/lead/lead9.html
Rabbit said
Drivah – my post got held up because of multiple URls. Now breaking them up into two posts….
The bus is quiet this weekend! Hope you are all well.
Relevant articles from today’s papers:
http://www.sunheraldja.com/article/show/1294
Extract from Mark Wignalls’ columnn
David Smith spoke to me
My Wignall’s World column is usually written on a Thursday. And it was on Thursday that I received the call from David Smith of Olint after I had made many attempts to fuse the link.
In fact, it was Smith who made the first attempt.
I told him when we spoke that I needed to sit down with him and flesh out the matter from start to present. I told him that I had promised readers some form of exposé on matters relating to the problems being encountered by Olint.
We did not want to speak too freely on the phone because I have heard that his phones are being monitored electronically. In addition, it was already too late by Thursday.
According to David Smith, he will be giving me ‘the full hundred’ when we speak early this week. I told him that I would be writing it exactly as he told it to me. So readers, as long as Smith lives up to his word (I expect him to) I will be giving the ‘Full hundred’ on Olint in next Sunday’s Wignall’s World.
God bless
Rabbit
K said
THe media nuh easy at all. THey are claiming O crash and failed when they have no such concrete evidence. Have they called DS or his attorneys to find out if the organization has crashed? Typical Jamaican journalism
http://www.sunheraldja.com/article/show/1294
http://www.sunheraldja.com/article/show/1295
richesrus said
friends just asking if you guys have any info on md
GetRich said
Well CP ppl aint getting back much if any of their money IMO and Higgins ppl definitely aint getting back any money. Watching to see what happens with O and MD in which I have some funds. I am very pessimistic these days but we will see what happens. Should have been trading all my money myself but was too lazy to wake up in the London session.
K said
GetRich – CORRECTION******* we have not lost our money!!!! Where you get that from?
GetRich said
Yow a who a drive di other bus? Cannot understand why dem so happy that we have lost our money.
PEI said
BB look like Big Brother
bruk pakit said
Paul H #664 What is “BB”? Would that be divulging too much!!
Leaving Babylon said
680 – God/Alien Debate: Compare Genesis 6 to Matthew 24 – two versions
Gen 6:4 The Nephilim were in the earth in those days, and also after that, when the sons of God came unto the daughters of men, and they bare children to them: the same were the mighty men that were of old, the men of renown. (ASV)
Gen 6:4 There were giants in the earth in those days; and also after that, when the sons of God came in unto the daughters of men, and they bare children to them, the same became mighty men which were of old, men of renown. (KJV)
Mat 24:37 And as were the days of Noah, so shall be the coming of the Son of man.
Mat 24:38 For as in those days which were before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noah entered into the ark, (ASV)
Mat 24:37 But as the days of Noe were, so shall also the coming of the Son of man be.
Mat 24:38 For as in the days that were before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noe entered into the ark, (KJV)
The significance of the days of Noah was that in those days AND ALSO AFTER that there was procreation between fallen angels (the demonic) realm and humans. These offspring are one of the leading indicators prior to Christ’s return – read Mt 24:37 again. Corruption, violence, these things did not signify the days of Noah, but the one unique act described in the book of Jude caused the days of Noah to be brought to an abrupt end.
Jud 1:6 And angels that kept not their own principality, but left their proper habitation, he hath kept in everlasting bonds under darkness unto the judgment of the great day.
Jud 1:7 Even as Sodom and Gomorrah, and the cities about them, having in like manner with these given themselves over to fornication and gone after strange flesh, are set forth as an example, suffering the punishment of eternal fire. (ASV)
Jud 1:6 And the angels which kept not their first estate, but left their own habitation, he hath reserved in everlasting chains under darkness unto the judgment of the great day.
Jud 1:7 Even as Sodom and Gomorrha, and the cities about them in like manner, giving themselves over to fornication, and going after strange flesh, are set forth for an example, suffering the vengeance of eternal fire. (KJV)
This understanding of fallen angels inter-marrying among humans was the common Judaic understanding whereby the words of Jesus spoken to the Jews were clear. Also the written words of Jude were understood in this way. It was not until “sophistication” entered after one bishop decided it was time to break the unity of the faith and form the Catholic church. However, this is the historic church or Orthodox understanding that should be the frame of reference for interpreting abduction, UFOs, etc. This is a hotly debated topic and since it is so far afield from “investment clubs” this will be my only post on the subject.
For further scholarly reading I would highly recommend Dr. Michael Heiser http://www.michaelsheiser.com/
Rabbit said
@ Jonathan – 680
That would be God. What do YOU think?
InForTheLongHaul said
Jonothan @ 681
Could be either, God didnt give a date for Jesus’ return but we know He is coming back and He hasnt said aliens dont exist, though no sign of them yet!The most important thing is to be prepared
DR said
RedP,
Is the church you talking about in Jamaica? Is the color of the chairs, blue for padded, and white for non-padded?
If so, then we do attend the same church every Sunday. 7:30am or 10:30
jonothan said
since some of us are being forcefully dragged into the religious debate i have a harmless question for you guys. which do you think we are more likely to see first, GOD or an alien? and no i am not blaspheming
The Cryptic said
In the midst of these troubles, there is a lesson to be learned about stewardship. God wants us to be good stewards, or custodians, of the assets He has given to us. They are not ours, they are His. Everything is His. We created nothing, and so nothing is ours. We have just been allowed to benefit from His creations. As such, we have a responsibility to Him to take great care with the assets He has allowed us to have.
That means that we must act wisely when it comes to how we manage our finances etc.
I am not trying to tell anyone how they must invest. I am just trying to point out the principles which God has laid down for us to help us.
To “think and check” is not a bad thing. I would change it up to “think, check, pray and listen”. God gave us a brain, we should use it. He wants us to understand for ourselves, so we must investigate. He wants to guide us so we must pray for His guidance. Then we must listen to His counsel.
That formula works for investing, and for life in general.
Peace be with you all.
The Cryptic said
“41Jesus sat down opposite the place where the offerings were put and watched the crowd putting their money into the temple treasury. Many rich people threw in large amounts. 42But a poor widow came and put in two very small copper coins,[a]worth only a fraction of a penny.[b]
43Calling his disciples to him, Jesus said, “I tell you the truth, this poor widow has put more into the treasury than all the others. 44They all gave out of their wealth; but she, out of her poverty, put in everything—all she had to live on.”
Mark 12:41-44 NIV
Earthly riches don’t impress God. He doesn’t need that to do His work. He doesn’t require His people to be rich in order to do His work effectively. He will provide what is necessary for His people to do His work. He does not want anyone to suffer, but He does not want anyone to focus on storing up riches on earth either.
19″Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. 20But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal. 21For where your treasure is, there your heart will be also.” – Matthew 6:20-21 NIV
The Cryptic said
As Christians, we should not let anything distract us from God’s path. Not money, not what other people say or do, not losing material possessions – no matter how much. Our focus must be on Christ, and our thoughts and actions must reflect that focus. I see a lot of pain and anger being expressed, not just here online, but out in the real world. I understand that people are hurting, and I understand that some will not be sensitive to that. But those who call themselves Christians should not let any of that cause them to act in any way that is unbecoming of a true Christian. Insults, smearing, harsh words – these things only serve to corrupt the spirit. Love your enemy and do good to them that hate you. Leave the animosity behind. If you chase after it, you will find it. Don’t let your pain cloud your judgement. Sometimes people say things we don’t want to hear, but that will still do us good. And if it doesn’t, there still isn’t a need to respond in kind. That’s not what Christ would do.
Rabbit said
Well, well… Seem as if the bus was busy today and park up now for the night. I have to travel during the off peak hours when the fare is lower.
What do I love about this bus? We can disagree on next steps with Olint, on the more meaty matters re Christianity, and still do this in a cordial and loving manner.
Geotrdr and K – will join your discussions in the fall if I manage to reduce some commitments, if you will accept a novice. Did Phase I and II of MTI some time ago. God willing I will dust off the materials in Sept/Oct and start demo trading then. Will then participate in Phase IV.
Night all
waiting in the wings said
im kinda interested to know if anyone else has money with other clubs i hear that the religious ones dem still paying but have significantly reduced their offerings.
But they are still paying.
I spoke to my pig and get hulluh how she diversified with tree traders and david and harris was two and the third she a try get someting fram but a likkle bit.
Red P i got all the prayer club mail and it really lift my spirits.
However let me jump into the meelee that concerns rich or poor christians. I sincerly believe that christ does not want people to suffer and therefore believe that whilst he may give us the basic comforts it is material greed that is the problem. Now what happens when mortals get money especially nuuff them falter stumbled and fall dung braps that’s why god dont want we to focus on material tings but keep our eyes on the lord. Him know sey it hard enough to maintain disciplined and dedicated christians wid all sweet sweet tings like sex much less fi throw whole heap a money inna di mix.
My point being gods wants us to focus on him. this has nothing to do with money. I think we should share faith for those like myself who having a rahtid time coming to the realisation say that this thing is going or gone down.
I think it would not be cruel to say let us believe that god is in the mix but let us concentrate on strengthening our believe not in david or that olint will come back to life afta a nuh lazarus. but share comforting words to ease our pain and make people know sey god’s love is the ultimate laywer the ultimate medicine.
I too want laywer and want answers . I too feel lost disappointed and confused. I too feel like say smaddy shoulda box mi and tek the check outta mi hand and say a wey yuh a do you mad to rass but it didnt happen. but i think those of us who are older and wiser can see that hope is dim as it relates to david and olint.
So today i will pray for everyone for strength and guidance and for peace inna dem soul because we all have life Why because i know my redeemer lives.
After all that typing im still not a christian mi haffi go fine a church iya:-)
RedP said
tomorrow yall, have a good one!!
Redp said
InForTheLonghaul
I agree, to me giving is a great joy and highly honoured by God, so is sewing financial seed. It also is highly honoured because when you sew to a particular need it also requires faith and when you start to exercise your faith it is pleasing to Him because it shows that it is Him that you are relying on to meet that particular need. You would not believe how much he honors it!!
Also dont forget, it is absolutely impossible to outgive God. The more you give the more he blesses you abundantly. These are principles that people need to learn to do on a daily basis in order to start moving into a more victorious life.
Bless
RedP
RedP said
Merc V I agree man. Ppl thrive on communication, thats why God giwwi ears and mout!! If supah was just up front from day one on a regular basis we wouldn’t be up to our knees in this shite right now trying to send off poor Tito in him hard hat fi get the finger and den bangle up!!LOLOL
InForheLongHaul
One more thing, remember money isnt evil its the love of it. Thats why sometimes I question a lot of these prosperity preachers. IE What is the motive. Is it greed or are their intensions pure. To me though, prosperity preaching can be a dangerous thing, oft times its a faith killer. PPL hear name it and claim it which in a sense is biblically correct i think, however ppl in general are so very impatient, when their desire or need is not me immediately it kills their faith.
Peace
RedP
InForTheLongHaul said
RedP,
Point taken about the work of those good ministries. However, isnt the pleasure greater when many in the body of Christ can sacrificially give towards these minisrties out of the little they have , knowing that God has blessed them with enough to be able to give to those who have even less? They feel the blessing and joy of giving back some of which they have received.
That said, I do not have anything against wealth, even great wealth. Its just that not all of us would be able to handle the responsibilities that comes with it.
Mercury Vapor said
Hi RedP! Please read my posts at 630, 631 and 642…and tell me what you think.
RedP said
K
Suppose Ds show Tito a thumb and a middle finger, wha dat would mean?? 10mil or 1bill.
InForTheLongHaul,
Great to hear from you. Point well taken. I shall have to mull over a response. Off the bat though I would say that for an effective ministry ie Food program, charity and community work, drop in shelters for homeless, radio and tv evangelism requires capital. In instances like these it would be better to be wealthy in order to have a far greater impact.
Look at Life Ministries run by that guy Robeson, they have setup orphanages worldwide, countless wells in africa, massive food programs in places like Sudan and Ethiopia. Thats what I,m talking about when I say that its better to be rich for the furtherance of God’s kingdom.
Yow MercV!! Whaddup pardy!?
RedP
K said
Paul H – have you been trying the FX thing on your own as well. if so, mek wi link.
K said
Paul H – mi hope nutten nuh go so mi breddren. So you heard DS voice yourself you telling me? don’t disclose what you are not allowed to yuh si mi.
K said
Floridian @ 664….LOL LOL
Tito do “Mr. Ground Zero with the hard hat on” nuh mek dem bangle yuh
InForTheLongHaul said
Floridian @662
LOL. Yuh too bad. We might have to beg DS or jackie carry rice n peas an chicken to jail so Tito have Sunday dinner.
paul h said
K, I’m with you.I think there is ample talent among us.LBabylon had some suggestions however I personally am wary of the managed accounts route.I think we can do it in a transparent way if we limit the access to certain info.Now to the matter at hand.Got a disturbing call today .All those who can pray better start now.Certain info is being withheld from clubmembers and employees.This 9 months at best may stretch into at least 2yrs.Not much is coming out of TCI because big brother has taken over.I hope to God that What I heard is not true and just a rumour as it would no longer up to DS to make right it would be at the discetion of “BB”.DS sounded upbeat yesterday but it’s either that he’s resigned to the outcome and is putting the best face on or my other info is way off.Mi dida wait fi tings settle down but mi really haffi go call in couple favah from massa GOD.Sorry I can’t go into the details but it seems as if DS may have gotten in way over his head this time …and I mean way over.I hope I am Wrong.
K said
Hate to bring up the dead again but I feel that Jared Martinez fellow of MTI is a slippery little eel.
I just viewed his website mticaribbean.com
he has a class scheduled for Jamaica in August. Perhaps he keeps the date perhaps not. I would guess he is not going to keep it because he’s not ready to address the barrage of questions students will be throwing his way. However, look how they start to ready up for Trinidad. Trini people take note of Jamaica and do your due diligence before.
Floridian said
Tito… Here what me say…
Just take K 7 part suggestions above… Numbers 1 through 4… But switch the address part and the name part… Head straight to the police station down a Turks deh… Tell them yuh nah leave till you talk to Willie…
When yuh see Willie now… Just implement number 5 through 7 from K’s stagedy.
So mek me recap…
1. Jump in your car (or Mo-ped or bicycle… It nuh really matter)
2. Rev up di engine (or make sure the chain pon di bicycle tire grease up)
3. Drive to T&C police station
4. Knock pon di front door and go in peaceable… Nuh mek nuh whole heap a noise.
5. Ask for Willie… Him is di person them say wi must contact from dem website.
6. Just ask him if any other money deh bout other than the US$3.7 million
7. Middle finger = Him have nothing… Thumbs up = Money deh bout… Just beg him fi level wid yuh as a local man.
And 8.
Report back…
If wi nuh hear from yuh by morning… Wi know them bangle yuh an yuh inna jail…
RedP said
PEI
Yuh would like my church, it have AC and big screen and padded chairs!! Yow mi stush yuh know, mi ongle like nice tings!!
Dont watch the comfort though, the Spirit of God is there and the pastor is well tuned in!! You will learn te word of God there my friend!! and if yuh cyah wake up early sunday from yuh hangover they have a later service too!!
So anytime yuh want to come and leave yuh anger at the altar jus mek mi know cuz a deh so me lef mine all di time and pick up some peace!!
Is only God and dat church mek mi dont end up inna bellevue over dis ting yuh know star.
K said
Tito @ 656, looking in Di Swapper eyes can tell you if he’s fake or not.
Somehow I get the feeling he isn’t a very good liar. So look him deep in the eyes, don’t twitch look on him serious, follow his eyes and watch how he reacts
InForTheLongHaul said
What a way di bus busy today? Everybady a tek a ride. Nice to see we back on form after a couple of reasonably quiet days
Floridian@662 I agree that the lawyer ting nuh mek no sense with the kind of fees dem a talk bout. We would probably end up with nothing.
I think someone had suggested that we send letter to DS lawyers as a group, cant remember who at the moment. That sounded like a good idea to me. Anyone prepared to lead on this?
RedP @617 I have to disagree with you on the prosperity thing. God does not necessarily plan riches for everyone. He has promised to provide for all our needs not our wants. I go along with The Cryptic@547 and Rabbit@592. We do not need riches to kingdom build.I cant remember any of jesus disciples being men of wealth yet He provided for them often in miraculous ways.
Also, many of the missionaries and great evangelists of our day and before did great things for the kingdom without having great financial means. YET HE PROVIDED ALL THEY NEEDED TO DO HIS WORK.
Note how the church thrives less in the ‘rich’ countries. That is certainly evident here in the UK. Could it be because we are less dependent on Him to provide for us. I certainly have friends who cant see a need for God because they have ‘everything’. Yet the church is growing and thriving in countries where they have little. asian and African countries. Many of the missionaries here and the thriving churches have there roots in these countries.
Our faithfulness to our Lord is evident through what we do with what he has given us now. Sometimes He may choose to give us more financially, sometimes He may not. To be honest my joy is totally independent of my financial means (or lack of it).
K said
Geotrdr – are you a MTI student as well?
Geotrdr said
@647
K,
Prove to them? Why bother. Forex nor its returns need to be defended. They don’t believe it can make large profits….soooooooo… good for them. Your better off setting up your environment to share ideas and strategies with other traders.
Tito said
@ K, lol, but who’s to say I’d get the truth, will wait until the investigation’s done.
chilly said
What kind of updates are you guys seeking ?
[1] Where is the money – the USDOJ freeze it the same day it was to come to Jamaica !!!
[2] Is there enough money? – there will be if we allow DS enough time to get his house in order !!!
[3] How is the case going? – not that DS can say, but the Turks still fishing, nave caught anything as yet !!!
[4] What about the fozen funds in the USA? – ALL accounts are frozen while the USDOJ conducts their own fishing expedition as a result of the NFA report and the huge amount of money DS was trying to take out of the US
[5] Should I sue OLINT? – Sure, it make sense. Seeing that OLINT has already declared that they will need to conduct an audit of their accounts, it might just end up that you owe OLINT money!!!
K said
Tito, you know what I say, perform this 7-step process:
1) jump in your car,
2) rev up the engine
3) Drive up to the Chalk Sound area,
4) Knock on the gate
5) Ask Di Swapper you want talk to him one a way.
6) Tell him seh yuh just need fi know if him have or don’t have.
7) Middle finger he has nothing, or thumb yuh criss. Tell him, man to man you a beg him fi level wid yuh rasta.
Comment said
Patricia thanks for the hello, been busy trying to get a few things going. I have requested to see the performance of Rove for the pass 3 years back to June 2006 and there performance seems reasonable. They have been up and down but like most said when someone wins others loose. I am still with them they are going ok just hope they keep up the good work wish I had found them earlier even thought it 25% fees they are still worth the shot I have also gotten more information on them through a few other agencies that do research into managed accounts and they always seem to get great marks. All the best for the weekend and enjoy.
Peace
Comment said
#644 TITO are you the famous one from Puerto Rico?
I have a question for Tito when the original O people log into their accounts it says TCI so would original O members be a part of the TCI process. If my memory serves me correct we had also signed papers to convert all our original accounts over to TCI accounts back in December i think. So that would make us OTCI clients also? One more thing I notice is that the Encashment levels are much higher for the Original Olint holders, I hold a joint account in OTCI and when you see the Encashment # it’s in the 900’s and the original O in the 6000 ’s. So there is defiantly a bigger group.
Peace.
Tito said
@ PEI
Thanks for the response. On what you say since OTCI, which me join, register with FSC by you, I might get little protection if is Fraud but not if him really lose the money through trading?
That’s true, but I can’t say what protection if any, they are registered however.
Mercury Vapor said
Floridian, the two guys suing David Smith (for $2.5 million and $800,000) sound like “pigs” to me. They’re probably trying to get back money to pay all the people that they owe (their piglets).
PEI said
RedP mi know you is going to tell me to come join church after that
Me cool man.
Mercury Vapor said
RA$$!!! I thought the $2.5 million and $800,000 was Jamaican dollars! Is U.S. dollars! MY LORD!!!
K said
BOLD STATEMENT for bold aspiring FX traders.
I propose forming a little offline team to setup a platform where we trade our strategies we have learned so far on demo platform to prove to those Jezebels its not impossible.
I am in IT so I can get the environment setup nicely. if you interested in doing something along this line link me at cbthut @ hotmail DOT com
You must already be trading fx to qualify…once we get it setup and running our fellow riders will be able to log in the accounts and see the progress.
PEI said
Tito mind how yuh hopping from one bus to di nex dont want yuh to drop so tek time
Thanks for the response. On what you say since OTCI, which me join, register with FSC by you, I might get little protection if is Fraud but not if him really lose the money through trading?
Well praise the lord mi neva inna one UFO wid mi b’hind outta door:) Is true he never declare no loss just pure gains each month. Mi still hope is just patty shop things them find. Father Jeezas, ah beg yuh please is just that. cause if is that me will jus pay Floridian plane fare to go there an grab him up inna im pants waist an gi im chee/3 good kick and nuff box that should set ‘im straight an mek ‘im use di broadside ah one ‘chetey fi whip im b’hind bout di drunk a ready ,go go club and gamblin part. Him wouldnt mess wid people again
Floridian said
BTW…
Them 2 man that a sue Di Swapper for US$2.5 Million and US$800,000… Them can prove them source of income????… What about taxes???… Them up-to-date???
Waterboy Charlie know if them pay them taxes last April???… What about Uncle Sam????
As for the Dr. bredda… US$2.5 Million… Then is what type of doctor work him do???… Brain surgery????… If is that him do… How much brain him work pon???
If is not brain surgery… What type of fee him a charge poor people down deh when dem sick???… And don’t forget that him haffi convert out the Jamaican Dollars to US Dollars and is bout 72 J to 1 US
You maths out $2.5 Million at 72 to 1… That equals to $180 Million JA$
Well mi can tell yuh one thing fi certain… Mi nah go to him when mi sick… Cause if di sickness nuh kill mi… Fi him doctor bill would certainly do di trick…
Tito said
@ PEI, Olint TCI is registered in TCI with the FSC. (not Olint)
I’ve been asking what protection that gives investors. I don’t know for sure, but typically investors are protected against fraudulent and dodgy goings on. They are not protected or insured against legitimate losses.
Now the fact that DS hasn’t declared losses due to trading (which would save him a lot of headache) I guess means that either the money’s held up, or fraud’s going on. So I would hope that there will be some protection as they are registered.
Honestly I think the best thing to do is to wait on the outcome of the investigation, and forget getting lawyers involved for now, take up the issue with the FSC directly once they’re done. The FSC started the investigation because of complaints made, no lawyers were required then to file the complaints to them.
K said
Floridian – throw away pen and autograph business…bring you camera instead!!!! paparazzi time.
Really though what dem haffi seh about me?
Mercury Vapor said
Follow-up to Post 630
I said: “I’ll tell them that they need to tell us how much money Olint really has. This is important because the U.S. government frooze their U.S. accounts, and as far as I know they only had two accounts at FXCM with US $3.7 million. So where is the rest of the money?”
It is important because I remember hearing that Olint had accounts at Oanda. The U.S. goverment frooze all their accounts in the U.S., so it hit FXCM but there was no mention of Oanda. Does that mean Olint transfered all their money out of Oanda…if so it must be in the Turks and Caicos? Or, perhaps, Olint never had an account at Oanda? Well, whatever it is…they need to let us know how much money they have.
I think why some people are really starting to panic is because of the news about the $3.7 million that was at FXCM. When they heard this they said to themselves: “Lawd, is just $3.7 million Olint have?” So now they are starting to sue because they feel this is the only money left and they want to be first in line to get their share.
So therefore, Olint needs to tell everyone how much money they have. They don’t have to tell us where it is…just how much…and what percentage of their investment will members get back. So yeah…what do you guys think about what I’ve said?
Floridian said
K…
Mi si dem a feature yuh over so tho… Yuh get famous…
Look at the people that posting over there continuously… Check the times… From sun up till sun down… And yuh telling me that is not them work that… Yeah right…
Everyday is an editorial… Pretty decent writing most times I might add… But for a simple blog which should be a hobby like how our driver a deal with it… No man… Then look at the make-up of the site… Pretty deatiled… Almost professional I would say… Then the numerous threads running simultaneously…
Hmmmmmm…
Anyway… Can’t really blame them… Is them job them a do…
But back to the famous argument… Mi can get yuh signature?… A mean yuh autograph!!!
K said
you know what Tito, from the very first time I found these buses something dawned on my. No_cotec, J_ay, Dave_Sin and their com bolos spew nothing but negativity, doom and gloom and that’s OK. Free speech is fine.
However, if they are so smart, knowledgeable, savvy on investments tell me why none of them not either trading all these fools money or even suggest good alternatives to dem bus riders? Dem just chat nuff is how I see it. Down to the keyboard tired fi see them press the same key to form the same words and sentences day in, day out.
Tito said
The other bus is good for breaking news, but some of the bloggers are quick on the negatives, but don’t respond to posts which disprove them.
Some of the guys there are obviously intelligent, but ”A wise man knows how little he knows”
PEI said
DS lawyer need to say something as things getting out of control.
I been calling for Tito. Look like him gone leave us and riding on the renegade. Me ride this and the robot but only listen what they talking about and just keep my mouth shut. I see Tito said that OTCI and TCIFX both register with the FSC in Turks. He even say that OTCI would have to have audited financials beacuse of that. So at least now if is so then I was not in a UFO. Praise be the lord. The people if Turks it will mtake about 3 months to investigate things. I hope they dont find no wrong doings. Is accounting error and patty shop runnings wrong doings to cause they to charge him? I only hope thats all they find and not any fraud.
K said
Tito,
you seem to be holding your own fairly well.
I see you taking on those folks from the Jezebel Bus let me know if you need some backup
Don’t let them take you over the dark side with their voodoo and doom & gloom preachings
Mercury Vapor said
Bwoy K, I don’t know. Maybe there are only a small amount of Olint and Olint TCI investors in the Turks and Caicos. Maybe most are…I mean were…in TCI FX. And those people always got their money on time, I remember Tito saying that…there were no encashment problems with that club. So maybe this thing is BIG news in Jamaica, but not in the Turks and Caicos.
Tito said
@K
http://www.suntci.com/
K said
MerC V @ 631 – If Di Swapper does not have the money please do not let him on the TV. otherwise he will forever see his ginal face on youtube forever like Carlos Hill!
So endeth this broadcast.
K said
MerC V @ 631 – If Di Swapper does not have the money please do not let him on the TV. otherwise he will forever see his ginal face on youtube forever!
So endeth this broadcast.
K said
Merc V – you know what I cannot understand and maybe TITO aka “Mr. Ground Zero with the hard hat on” can assist here but why for golly gees sakes I cannot find a TCI newspaper website that’s reporting on this thing. All we are getting is from RJR, Nationwide, Gleaner and Observer like seh the 4 of dem de down a Turks a cover story.
Where is the TCI press? I found 2 sites for TCI news and none of them don’t even seh kem or bat an eye pon “Di Swapper” or his operations.
Tito Tito, come in Tito, 10-4, what’s your location? passing the mic over to you.
Mercury Vapor said
Maybe I should suggest that David Smith come on television or the radio and address club members and the Jamaican public? Do you guys think that would be a good idea? Or a once-a-week email is good enough for everyone?
Mercury Vapor said
Re: Post 596
K said: “O needs to have a weekly release to its members, at least one.”
K, I’m going to email Olint-TCI and give them that suggestion. They have to let club members know what is happening, if they do not we’re going to see alot more lawsuits and that’s not good.
I’ll tell them that they need to tell us how much money Olint really has. This is important because the U.S. government frooze their U.S. accounts, and as far as I know they only had two accounts at FXCM with US $3.7 million. So where is the rest of the money? Is it in the Turks and Caicos Islands? Does Olint have accounts with European forex brokers, or bank accounts outside of the U.S.? They have to tell us this…well, perhaps not where the money is…if there is any more money that is…but how much.
They also need to tell us why the U.S. government frooze their accounts, and why (in their opinion) the Turks and Caicos government frooze their accounts. That is of course if they are allowed to do so…not sure if they can because of the gag order.
jonothan said
lol, and here i was thinking it was $5000.00 jamaican dollars plus the 1/3 ? den people really seriously consider that proposal? what about the people who only have US$5000.00 and less inna di ting? den when people tek wi fi fool wi blame dem.
K said
Floridian – a true the bus a bruk down. I was trying to post my follow-up post about the Spy bus last night but it would not post.
Floridian said
Driver… Di bus need servicing…
Floridian said
The other day I came across this EXCELLENT article that is well worth the read… While it might be a little depressing it is extremely enlightening as well…
http://finance.yahoo.com/banking-budgeting/article/105427/Uncomfortable-Answers-to-Questions-on-the-Economy
Madre said
Sorry, that should read I think we need to be adressed by DS now but.
notsureanymore said
Yes RedP a jus link you fi get sign up
Madre said
Floridian, thanks for the info. I am not a lawyer but my feeling on this whole lawyer thing is that even if we “win the case” we stand the possibility of gaining zero.
What’s up with that though? Why after charging $5,000.00 a pop you need to get 1/3 of people money. How lawyer come inna the money after them charge them fees.
Guys no badda with no lawyer thing as I said before, it can complicate the matter. The two people who sued already, I hope they can prove where they got their principal from and that the taxes were paid from the principal.
I think we need to addressed by DS now but suing right now is not the correct way to proceed.
Floridian said
Mi deh bout… And just a hail unnu up…
For those not aware… A guy and myself from the Beelzeebub Bus were trying to organize ourselves to see how many Olint investors there were and where each of us lived… This was with the intent of forming some kind of group and get together and find a lawyer to represent our interests if it came down to that…
Anyway… He made a call to a law firm in NY named Conway & Conway and they were already aware of the David Smith Olint saga… Looks like they were approached even before we got to them… Well we asked about their fees for taking on our case… Here it is for those who missed it…
1. US$5,000 per complainant… We have about 35 responses… So is US$175,000 right off the bat for their retainer fees.
PLUS
2. 1/3rd of all that they recover on our behalf…
As for me… I say we wait until we know how much money Olint have left… Because if its really only $3.7 million… Wi get jook cause the 3 lawyers that him have going to eat off that… We really can’t do anything till we know the quantum of funds… But like ‘K’ has been saying today… His lawyers really need to come give us some briefings to mek us know something… Anything… That a gwaan wid di case down in TCI…
As for this lawyer route with Conway & Conway… I am of the exact same feeling like one of our members that responded to me and said that according to his maths:-
1/3rd of Zero = minus $5,000
O' hint said
don’t kno if u guys saw this already. I’m new, so tek time with me!
http://www.suntci.com/
Madre said
Thanks RedP, I have already joined the bus, I even responded. Cool bus, I felt so renewed and humble and ready to love and serve my God with all my heart again. Money is nice but the love of each other and spreading goodness is more important.
Money facilitates the spreading of goodness, but goodness can be spread without money.
Madre said
Johnathan, I agree with you, I don’t think any lawyer should get any 1/3 of our money. I don’t know about the laws of turks, but too many detractorsie the negative bus, CVM TV and others are pushing this lawyer thing. I think we should get the real facts before jumping the gun.
Did the people who sued Carlos Hill recovered or were given preferential treatment. I think this lawyer business will complicate things more.
In addition there is a gag order as the Police in TCI said. Maybe DS lawyers are advising him to be quiet but I think a sign that he is working in our best interest is very necessary right now.
I will try to find my lawyer to find out some facts. Anyone with legal expertise wishes to comment?
RedP said
Johnathon @ 615
Mi agree bredda!!
Redp said
Good morning beautiful people, what a lovely day to go fishing!! I guess I just have to wait a little longer for my boat cuz mi a spend out di whole a mi money pon bus fare!!
Rabbit 592
as per Cryptic@547, I agree with the statement except for the prosperity. God wants you to prosper in ALL areas of life, not just spiritually. God dont want you Bruk Pakit.
If yuh bruk pakit how yuh going to spread His Word to the corners of the earth?? With two cans and a string?? How yuh going to feed and clothe the poor and look after God pickney if yuh bruk?? No man, God wants us to prosper in ALL areas.
If your Daddy own all the silver and all the gold and the cattle on a thousand hills dont Him going to give yuh some??
It is harder for rich people to enter the gates of heaven because generally their wealth becomes their god, but this is not always the case. Whole heap of rich ppl love the Lord. look pon all Robert Levy. That man is a big Jesus freak yuh know!! Rockefeller said that he coulda never give him first million if him didnt learn fi tithe him first ten cent. Yuh see me, me want to rich and love the lord same way. I want to prosper in ALL areas, not just some.
K- You are absolutely right about negativity. I know a family where there is a lot of bitterness and angst between mum and 2nd son. A lot of very very negative words have been directed at the son. they are now completely dysfunctional.
Remember that I have spoken about the power of the tongue and that there is life and death in it? The Spoken word is more powerful than people realize.
Love unnuu
RedP
Where the heck is SOTB. I do hope she is alright.
Sorry the manners please, Madre & Notsureanymore, welcome. If your interested in joining the prayer bus email group link me at olintdude at gmail dot com
Whaappen Pat, hail up. I bet you the lake did well cold still. In dat deh country the sun coulda hot like fiyah but di lake dem still cold as ice. Yuh dont need no cooler fuh yuh drinks dem, jus dash dem inna di lake an yuh criss!!
Opportunity said
PEI under the contract Hallmark and Olint TCI can be found liable “actions or inactions which amount to FRUAD with intent to decieve or gross negligence”.
..Look under the liability section of the contract.
If there was fraud on otci’s part, like false returns, meaningless encashment schedules, statements with reasons for delay like due diligence on broker and all that, statements made that funds with broker and them showing email from Oanda if all that amounts to Fraud with intent to deceive then it seems like there could be a case. Everbody who sign that contract will need lawyer in Turks as the contract govern by the laws of Turks.
It looks bleak but who knows. DS , O, OTCI need to break the silence.
jonothan said
i dont understand you people, we all know exactly what is the position with olint and we are clamouring for disclosure. disclosure of what? wi nuh know seh tings freeze an court an ting? mi hear bout a proposal fi lawyer charge fee plus tek 1/3 a weh dem recover. mi nuh know bout nobody else but mi rather DS tek it an gamble it weh dan give 1/3 to lawyer. as far as me concern anybody weh even gi dis option 1 second of thought rass mad. who nuh like dat jump down mi throat.
PEI said
Tito!! HELP!!
PEI said
Us who join OTCI and sign the agreement with HAllmark we have to find lawyer in Turks.Anybody talk to a lawyer in turks on this yet? In contract you sign with hallmark Olint is the investment manager. how does this work? I need help with that.
ClearAsDay said
There is no reason why the majority of club members should be in the dark as to the real state of affairs. DS has no problem finding funds to retain high priced lawyers to cover his ass. This is no way to run a business. He needs to come clean as to the real situation with the money. At this point remaining a loyal fool while others line up lawyers to secure their funds make no sense. We need to file some class action suit that will provide a voice for the majority of club members not a few rich ones. I don’t expect to recover my funds but I do not wish to roll over and play dead. I know both DS and WS, I expect better from them. The time for Blind faith is over.
paul h said
Organize and centralize, lawsuit doesn,t mean disloyalty but as royalty put your action through.I have faith in DS integrity but not blind faith.So my suggestion is we get aboard with Flo. at least we’ll be able to broker a better deal as a group.
K said
HD – what you mean “the gag order not stopping the rich and influencial from getting their money, and it is happening”?
Do you know of people getting their money now?
hd said
Good luck to you, David Smith, and his Gag Order….personally I don’t care….the gag order not stopping the rich and influencial from getting their money, and it is happening.
Future Top Trader said
Yes your right Hd. Without communication there will be the lawsuits that we have been seeing, and maybe more to come to.
K said
Tito, his attorney Gifford said so on the interview with Cliff Hughes last Friday but perhaps you need to call the courts to see if nothing really go so fi true. Because for all I know this attorney could have been slippery on the tongue.
Tito said
Where did you hear about the Judge imposing a gag order?
K said
Jahbilly,
we know that…even if the letter good day club member, we are still alive and well sorting through our local TCI problems. We nuh run weh to COoks Island yet
jahbilly said
K,HD,TiTo
Didn’t the judge in TCI impose a gag order on Olint’s(David Smith) lawyers. Why would you want to add Contempt of Court to the man’s problems?
K said
HD mi agree with you still my yute or yutess
and I am really trying to not mek the negative vibes fill mi up. but a spade is a spade and is disrespect thing a gwaan with Smithy and O right yah now.
Mi nuh care if him top brass legal team seh kotch your a$$ but a little correspondence is not a bad thing…
fi real even the conman carlos hill and his perm hair spoke more than DS.
hd said
I am sorry but I think people need to give it up now and stop feeling sorry for Olint and David Smith, he is living and making money from people’s compassion and if he had any respect for them and their money he would be saying something. Carlos Hill was an outright tief and even he communicated more often to his contributors, David Smith’s silence is nothing more than total disregard and disrespect for the people who have contributed hard earned money for his use.
Tito said
Olint and DS do not do themselves any favours with all this silence, it’s that which causes people to panic.
Madre said
Oops I meant the #4 Bus. Yes DS needs to give us weekly updates and cut out this speculation. It is leaving too much to the imagination. I agree, the patty shop operation should have stopped from 2006 when the club exploded in size.
Madre said
K, I agree with you about the doom and gloom bus. They always refer to Olint investors as “they” and are always so negative. I don’t mthink they care about the consequences of their propganda. People are really hurting, confused and depressed and a very depressed person might just be pushed over the edge.
They do not care about anyone, only about collecting their handsome salaries, for instigating anger and confusion.
The other night I was reading their posts and someone named Janice appeared and stated that good news was coming. I immediately tried to respond to Janice giving her the link to post over here because I don’t think she knows about the 34 bus. The drivah just blocked my posts and then went back to Janice’s posts and deleted them
I copied and pasted it just to prove to my friends that they were conspirators. In one instance Sirach at 10.20pm responded “Janice, is DS still in charge”. When you check above there is no trace that a Janice posted over there.
Well last night a :Janice the Saviour” posted saying good news is coming and that they were too negative. By the way when I try to come on this site by putting in the address invest4life.wordpress.com/investment-club-2/ I get on to the doom and gloom bus. If I did not save this link in favourites I would still be trying to find over here.
According to them one Christopher Walker a medical practitioner sued DS for 2.5 million and Michael Belcher sued DS for 800,000.00.
Stay strong guys, God Bless you.
PEI said
K what you say is true especially about the negative image he creating for others in Jamaica and the Caribbean. You see what going on just make that fool fool email from the lawyers look more fool. How him did expect to just carry on so and with all that in the media to think people just will be patient. Look from when people saying come out and just tell the truth.
You see all the next one who write article in the paper and all a write story about Horse. Him better hurry up and tell us what really going on there too.
Sandman said
K, that’s a good idea, a weekly release would be a wonderfull idea and it might cut out some of the speculation !
K said
O needs to have a weekly release to its members, at least one.
There was a release about a Grenada club tied to Olint. David Smith better understand that if he does not have any money to pay all these people he better watch his back. On top of which he would just formally create a negative stereotype for all investors in the Caribbean thanks to his pattyshop operation.
Patricia said
Gooood Morning. Blessings everyone.
It was just a matter of time before the suits would start.
hd said
Lawauit is nonsense….the only options are a) ride it out b) ride it out with a “big stick” in hand c) take the “big stick” in person to the guys running these clubs.
I have not gotten any money from one of these clubs (Not Olint). Frankly, I can afford to lose it, I will soon make it back trading my own anyway, but I am not going to make them take my money so easy whether is tief dem tief or just plain careless. As a result I am at b) right now.
K said
I don’t know what to make of that lawsuit. certainly DS and his team must expect some of his members will go that route.
If all these start popping up then that’s just added work, pressure and distraction. if he truly is out of money well the story will ultimately come out in the open.
Rabbit said
@ The Cryptic – 547. Wise words. Thanks for the remindr to focus on eternal rather than temporal matters.
Rabbit said
Lawsuit filed against DS
http://www.jamaicaobserver.com/news/html/20080725T020000-0500_138276_OBS_OLINT_BOSS_SUED.asp
Mercury Vapor said
K, dis bus is di #4 bus bredren! See di website is: http://invest4life.wordpress.com. Dat is where we get di “4″ from. So is where unno get this #5 from?
K said
Testing is there a problem posting?
Oh and last thing I want to mek the spy bus know is this.
If unnu are such experts on investing with unnu years of investing, education & knowledge …Mr. Jay, Nocotec, DaveSin and their lackeys why unnu nuh tell di people where to invest? better yet why unnu nah run unnu own club or fund and invest for all the fools? ANswer me that question?
Unnu is good for nutten, that’s what you all are. Trust mi, mi nuh fraid fi hop on pon the bus and mash it backside down with me and mi crew from #4.
Notice the emphasis on my use of the word “unnu”
….Unnu just chat nuff and at the end of the blog day unnu repeat the same crap every striking day. down to the keyboard dem tired fi unnu press the same keys to form the same words everyday.
So call Super K name mek mi nuh come hop pon di bus. Mi have a crew of super heroes ready fi unnu
:-) Iron Man large up! 
K said
Testing is there a problem posting?
K said
mi na tell no lie that Robot bus,illegal bus, spy bus, doom & gloom bus, renegade bus, passa passa bus nuh easy at all yu nuh. Every little story dat have a sliver of O’s name in there dem run with it like hot news. A wah dem nuh have nothing better to do. Half of dem have no money in the clubs yet dem so dedicated to reporting on them. a wah so, if dem a nuh spy, badmind or just plain ole haters and detractors I don’t know what else they could be. Nobody cannot tell me they are not getting paid for their sinister tone.
Listen people and listen mi good, it is a known fact if you listen to ppl like Zig, TOny RObbins and the like that you cannot function in chaos and negativity so if you go pon dat bus you will just leave feeling despirited and yes even if yuh loose yuh money last thing yuh need is to feel despirited. Mi nuh hear them talk nothing positive.
See even the latest passenger seh she find some comfort pon this #5 bus.
So leave dem and dem murky bus!
notsureanymore said
Yes, I will be sticking around through thick or thin because I know you all have helped me, and even though it has not been right all the time you all have been a great resource.
Rabbit said
Welcome Notsureanymore.
I too read the posting for a while before I actually posted. The spirit of camaraderie draws me here. We will weather the storm together here.
Madre said
Hey there Notsureanymore,
stick around this board, because God is in this place. You may not find all the answers that you are looking for but you will sure renew your faith in God. I look at it this way it can’t hurt to stay upbeat and positive and help other people stay positive too. Notsureanymore, God will take care of you.
notsureanymore said
Even though I have never posted to this site, or any other “O”/MD/WW blog for that matter, and I don’t have much hope that I will get my “O” money back. I have been reading this blog everyday for the last few week. And I am pleased to see that you all are still very cheerful eventhough you have been through alot. And this gives me a lot of hope not so much in someone else “O” but in my own self, because I am seeing it once again in all of you and that is uplifting in itself.
Patricia said
Whats up Doc?
Today was a well deserved rest day. Spent it by the lake. After days of rain and overcast skies it was GREAT.
Trust me, GOD is good.
Comment said
Rep Don’t forget me on the prayer as well.
Peace< Where is patricia:-) *****Patricia where are you****
all the best everyone
Madre said
Guys, I hope you joined in on the prayer bus, I am feeling so cleansed and hopeful. RedP you are the man.
God will see us through. He will never leave us or forsake us but let us look deep into ourselves and ask him to forgive us of our sins and return to him like babies with a whole new purpose and focus.
Peace and Love to everyone.
hd said
Hedge funds also suffer from the same problem Olint seems to have suffered from. That is when one big investor (or many smaller ones) decide they will withdraw all their money suddenly then the whole thing fails. If the fund suddenly lose half of it’s available cash then certainly they have to change strategy , probably close profitable trades that are open etc and that causes complications and possibly failure. I am trading forex myself and I know if I had to withdraw half of my money from my trading account it would certainly affect my strategy and also my returns.
RedP said
Gotcha o4ever, heads up!!
RedP said
Heads Up prayer bus!!
Future Top Trader said
me address is olintforever AT gmail DOT com
Future Top Trader said
Red P add me to your prayer list as well
futures_trader said
its cool when one can make that much money that some hedge funds are making but imagine being short millions of shares in financial stocks like Washington mutual, or bear Stearns or Lehman brothers that have been falling like a rock…..
Most of these hedge funds made their monies being short one sector like financial and long one sector like energy….I say easy money
If DS and olint had a diversified portfolio and some of his monies were in some of these financial stocks over the last couple years his investors would be smiling to the bank right now.
That is if the type of monies that some are claiming the club have under management is correct.
hd said
Hedge funds have been around a long time and are a somewhat regulated, somewhat formal form of what the alt. inv. clubs have been trying to do in Jamaica. The number of investors are usually restricted and the fee for entry is usually high but they traditionall give very high returns and the money is not necessarily invested in forex. Their investments are usually secretive by nature.
CP said
This stinks…
d_silver_lining said
FXCM just said if you have a letter stating that info, then they complied to it…essentially. FXCM did not give any names though…privacy for clients.
CP said
@pipunit
If you go renegade blog you will hear an interview with the FXCM compliance officer. He confirms the letter… says it is self-explanatory…. and says FXCM will comply or something like that..
I hope you are not suggesting that Nationwide Concocted that whole story? check the money laundering article …. I think…
PipUNIT said
Where is the proof or even a news article stating that the DOJ hsa frozen his assets?
K said
Di Swapper ain’t the only one with High ReTurns, weh dem a talk about
===================================================================
As the Markets Throw Knuckle Balls,
Hedge-Fund Stars Still Hit Home Runs
By GREGORY ZUCKERMAN
July 22, 2008; Page C1
Some hedge-fund stars of 2007 are having an encore year. In the process, they are defying skeptics who questioned whether they could keep their runs going.
[Hitter]
Jason Schneider
John Paulson, who directed Paulson & Co. to gains of almost $15 billion last year, is up as much as 20% in some of his hedge funds through June 30, according to investors, thanks to continued bets on the woes of financial companies.
Philip Falcone, who saw gains of about 120% in his largest hedge fund in 2007, gained 42% through June in that fund, Harbinger Capital Partners I, from various commodity-related investments, among other areas.
[John Paulson]
It isn’t necessarily surprising that investors who wagered against mortgage and housing-related investments are excelling, since the housing troubles have spilled over into 2008. The real challenge for these managers will be turning in similar performances when that gambit has run its course.
Indeed, financial stocks are up slightly this month and up 4.2% in the last week, according to the Dow Jones Wilshire Financials index — erasing some gains for funds betting against the shares. And on Monday, new rules took effect curbing certain practices related to short selling, a tool for betting against a stock used by many hedge-fund managers.
Still, some of the gains are coming in areas not related to housing. And extending a run counts a lot for managers, especially at smaller funds. Not only does it mean happy investors, but a history of success helps attract big money from institutional investors that demand a track record of performance. Managers who continue to excel in these rough markets could emerge as the next generation of hedge-fund superstars.
[Winning Streak]
Not all of last year’s heavy hitters are belting homers. Two funds run by emerging-markets specialist Marko Dimitrijevic at Everest Capital are down about 10% through June, after gaining 30% last year. Even some of those who anticipated the troubles of various financial giants haven’t been able to clean up. Hedge funds run by David Einhorn and William Ackman, for example, were up only a few percentage points through June.
But a number of smaller and midsize funds, from about several hundred million to almost $7 billion, that tore it up last year are again doing well.
Peter Thiel’s Clarium Capital Management, which jumped more than 40% in 2007, has risen more than 50% this year. Andrew Lahde’s Short Credit Fund, which soared 886% last year, is up about 10%. And Michael Burry, who generated gains of 166% last year buying insurance on subprime-mortgage debt at Scion Capital LLC, is up 8% this year, by avoiding consumer and financial stocks and profiting as foreign currencies have risen against the dollar.
The gains in 2007 were more extreme because many of these investors used borrowed money to make big bets against mortgage-related investments that collapsed.
As for what is ahead this year, some managers expect things to get worse for the market before they get better, despite stocks’ recent vigor. They are especially down on financials.
“The business models of the financial companies will have to change, they’ll use less leverage, and businesses such as securitization, investment banking and private equity won’t be there,” argues Matt Luckett, a partner at Balestra Capital. The firm’s $600 million Balestra Capital Partners fund is up 13% this year, after gaining 200% last year, according to investors.
“We’re still in a bear market. I would use strength as a selling opportunity,” says Mr. Luckett.
Mr. Falcone told investors in a recent letter that during the next few months, “investors [will] yearn for good news and receive very little of it.”
Daniel Arbess, who runs Perella Weinberg Partners Xerion, which gained 25% through June after rising more than 39% last year, according to investors, said the gains of the last few days primarily came from short covering — as investors who had borrowed stock and sold shares hoping for a drop in price moved to buy the shares back to close out this bearish trade.
“There’s nothing behind this rally. There’s hazard ahead for investors who jump into financials now,” he said. He wouldn’t comment on his performance.
Mr. Arbess believes companies profiting from emerging-markets growth will come charging back.
–Jenny Strasburg contributed to this article.
Correction: An earlier version of this article incorrectly contained a link to stock information about Everest Re Group. Everest Re Group has no relationship with Everest Capital, the hedge fund mentioned in this article.
Write to Gregory Zuckerman at gregory.zuckerman@wsj.com
chilly said
Hd @ 549,
Where did you hear that MD settled with F1? These rumours are counter-productive. This blog could be a really good way of sharing information about our investments if we at least try to provide sources to the information we post. From the legal disposition of the case, it is still ongoing.
RedP said
Lots of Mo
Look for it tomorrow.
RedP said
JSM check mail pardy.
Lots of Mo
I’ll send you email I’m dong up for the prayer bus and maybe it’ll give you an inkling as to why I stay upbeat.
RedP
Madre said
I hear you, Lotsof Money. I agree with you to wait instead of lawyering up. The people on the other bus seems bent on encouraging everybody to lawyer up and from reading the posts of the people who post regularly, that board and the propganda that comes out of it seems to be their full time job.
Someone is paying them handsomely and I will admit that they sound like educated people but they have their reason for sitting around that board all day.
Just sharing a link on a money laundering case against NCB. I think that MLC is bent on seeing the demise of OLINT. He was on the news yesterday telling people that we must pull our money from other banks that keep their profits overseas.
Poor MLC he is trying to play the reverse psychology game with us or “distraction techniques” as some of my friends call it. It is said that he blocked the money that DS sent and when big heads intervened and asked that it be broken down in smaller portions, MLC said sorry I will still call the feds attention to this matter.
My question about his money laundering case is, how come Nationwide News and the others did not follow this case closely in terms of reporting it to us. I am sure Jamaicans would be very interested to hear about it.http://www.jamaicaobserver.com/news/html/20070208T230000-0500_118918_OBS_NCB_CHARGED_WITH_BREACHES_OF_MONEY_LAUNDERING_ACT.as
Opportunity said
Tito,
Can you give us an update from ground zero?
Tito said
I asked TCI FX about the DOJ involvement and they hadn’t heard anything either (this was on the day the news broke).
K said
PipU – let’s see…hmmm hmmm hmmm…I know the answer,
She’s just plain and simple ignorant of what’s really taking place!!!
PipUNIT said
Spoke with someone at lewfam yesterday. I asked her about if there was any freezes with the US DOJ and she said no. That those are against a different person named Wayne Smith, not the Wayne that’s David Smiths brother. Does anyone have proof of the DOJ freeze?
Lots Ofmoney said
I’ve been trying to keep quiet about this whole meltdown because quite frankly have nothing positive to say, and out of respect for the people that are really hurting right now
…but when I read the paper this morning it really made my blood boil 
….fortunately, I pulled out my principal and what is lost is most of my gains and a lot of my pride in being dupped and sucked into this dreamworld that were all living in for the last few years….I don’t how you do it Redp in keeping so positive…well I do know, as you always speak of HIM all the time, your faith seems very strong and I admire that…..I’ve mentioned this before, when it comes to investments, diversification is the key and the money that I made over a period of ten years, I made in a year with Olint…not bad, but what I didn’t do is cash in my more conservative investments to run to this one…at the end of the day, nothing gained and nothing lost….I’ve always been a risk taker and gravitated to the big win…bigger risk, bigger rewards….and with that loved penny stocks….I had a few winnners but mostly loosers and one thing that I’ve learnt in being on blogs and message boards is that even though at times the detractors aren’t nice to have around and to listen to, some are legit and others are actually paid to do just that antagonise and bait you into an arguement, so all you have to do is ignore them and they will disappear…but honestly, though a necessary evil, and keep you grounded and from being swept up in the hype….at times on stock message boards private boards are sometimes set up by a group of individuals who always seem to be in the know but are leary of spreading their “info” and “tips”, but at the end of the day, the powers that may be are far bigger and stronger than us small time investors and in the end nothing that we say or do will have an influence on the outcome of the situation….simple as that….DS may have started out as being legit in forex and perhaps he is guilty of what most of us have also fallen pray to, me included….GREED….he has to now deal with the consequences of his actions and we have to cope with our losses….we can’t do anything but wait..and I feel litigation is not a good idea at this stage until formal charges have been laid….let the chips fall where they may…unless you have a jet and can fly over there and pressure DS like those other “big boys”….. 
K said
d_silver_lining – if that’s the case and they were upset with it, why give him a diplomatic retiring instead of just coming outright and fire his ass?
Perhaps they were afraid of negative publicity.
SO this famed Bill Clarke with 40 years of “good outstanding service” ended taking a kick back. Lord knows how many else he took while on the throne!
Redp said
PEI 549
RE point #3 I hope the guru asked back for his donation to the party!!
Ah politics, wah fi do!!
Yow yuh need fi hop on the prayer bus iyah and get some peace in your soul, send mi yuh email and mi set unnu up!!
Peace RedP
SNB Sign you up?? I need your email if so.
K said
Di Swapper lie in bed with the wrong dogs and ketch fleas. now he needs flea powder to get them off and wi a suffer a so me see it. DI Swapper may just have been ill-advised about the way he conducted some business in the past that;s now taking a toll on his operation.
hd said
PEI I agree that there is gross unjustice and unfairness taking place in some of these clubs.
I for one was unhappy how a lot of uninformed investors with only a few thousand dollars or their life savings would run on these clubs at the slightest hint of bad news and put pressure on the clubs, but the more things come to light it seems is the really big investors that cause the problems to start. For example, if DS did not have to pay certain people over 300 mill (some say over 600) right away then the current situation with Olint may not have come to past.
To DR’s point as well, there is more to it than that, also check back on the timing of certain series of events back in Feb/March….anybody ever wonder why it is that May Daisy started having problems with Banks and payments the same time the rumors of the large withdrawal by David started flying ??? Follow the money, check out the timing of events !!!
This leads me back to one of my early posts that regulation and transparency is not a bad thing both for the informed and uninformed investor.
d_silver_lining said
I don’t think them politicians got paidout…that’s the Gleaner suss page…feel they make up most of what in there from assumptions…it fulla rubbish 3/4 of the time!!!
Also heard the real reason behind Bill Clarke (BNS) losing his job….Bill got a big ‘kick-back’ from the DB&G deal (shady Mr. Bunting)…the bigger heads got wind and ‘Fired his ass!’
DR said
So my point is now being established. There were really only twp major traders//// seems like most of the clubs were feeding from David and Ingrid.
See SGL Holdings. (Grenada)….They were on the Famous 21 list from FSC….(they were being fed by Olint)
http://www.radiojamaica.com/content/view/10208/52/
PEI said
If a true the big tician them get paid before everybody then we have to protest that. That not right just like how me lick out when them say how much hundred millions pay out in the run last year while ordinary members cant even collect a 5 or 10 thousand. That is foolishness and is them kind of things get me ignorant with all that a gwaan. The silence need to stop now man come on people is what that?
PEI said
RedP what I hearing and seeing coming out. People flying out. things dry up and as usual the big boys get paid. this was in the gleaner
Not a good sign
1. It was never a good sign when the principals acquired a private jet and changed their addresses. Particularly so when those accustomed to living modestly took on the lifestyle of the extremely rich and famous, jetting all over and gambling like high-rollers in private rooms in high-priced casinos.
Flying out!
2. The failure of these ‘alternative’ investment schemes seems to have brought on a new round of migration. Some of the principals’ most vocal disciples are now packing to fly out of the country to take shame out of their eyes.
Some get cash
3. Not everyone it seems lost their money, as the word doing the rounds for some weeks now is that some well-placed politicians recouped their investments, after two politicians flew down to the islands a couple of months ago and read the riot act to the fallen guru. Word is that they collected on behalf of party colleagues and family members who were fellow ‘investors’.
more here
http://www.jamaica-gleaner.com/gleaner/20080724/news/news7.html
jahbilly said
Wha yu mean di bus nah run tiday? Sey wha, dem tief di gas ota di bus? What ah crasses pon wi doh een sah!!!!!!!!
hd said
Oh… and rumor on the grapevine is that the law suite by one club against May Daisy has been settled…no official word just rumor.
hd said
Michael Lee Chin is not interested in even taking any money out of the companies (NCB, etc) in Jamaica back to Canada….look at how he has been operating recently…all the major news about what he has done in Jamaica and Canada…mostly buying foreign properties and making donations to charity , correct ? for those who know something about accounting and taxes think about it ! what is the best way to shelter money from taxes in Canada ?
The Cryptic said
I am a bit concerned about something. Many people who profess to be Christians, including Church Leaders, have been putting more focus on making money from alternative investment schemes instead of focusing on God’s word. Some people feel that it is their God given right to be materially wealthy. In fact, the prosperity God wants for you is spiritual prosperity. If He wanted us to focus on getting rich, why then would He tell us that it is easier for a camel to pass through the eye of needle than it is for a rich man to enter the gates of Heaven? What does it profit a man to gain the world, and to lose his soul? I think this whole situation should cause people to reflect upon their thoughts, actions and how well those things are aligned with the true will of God. When we start cursing our brothers and sisters because of disagreements over who says what about which investment, then we are far gone indeed.
While there is life there is hope. Focus on the hope for salvation through Jesus Christ. Don’t place your faith in fragile human beings. Don’t get distracted by the rat race for riches. Don’t let 10% per month tempt you to be a poor steward.
Sometimes God makes you lose much in order for you to be able to gain eternity.
RedP said
Good Morning Folks,
If anyone wants to get on the PRAYER BUS that drives right behind the #4 please e-mail me at
olintdude @ gmail dot com
I’ll put you on my mailing list.
RedP
bruk pakit said
What mi did mean fi seh is dat di bus park early tonight.
bruk pakit said
Di park early tonight!!
KEEPIN THE FAITH said
SHOW YOUR SUPPORT FOR DS/OLINT BY JOINING FACEBOOK GROUP(S)
– ENCOURAGEMENT AND FRIENDS OF DAVID SMITH
– DEFENDERS OF DAVID SMITH/OLINT
LRC said
Merc V good to see u back. Look like u done beat di books. Good going.@539 Some a dem washers soon buk down from the every day laundry….Life is really unfair.
RedP said
Douglas orane – Boom!! Don Gorgon, man with vision
Robert Levy- Greatly admire him, very humble, man of the people, generous giver, honest, straight shooter, family man.
Butch nuh too bad- sandals do a lot of community work , butch is a straight talker highly respected by staff.
dont know much bout Las Chin, Azan,Issa, matalon dem to comment.
Last I saw Joey Issa he was still pretty down to earth, him know seh him shoit cant mek patty.
Well LeeChin and wayne Chen? I’ll let you fill in the blanks. Dont get mi wrong yuh know. Mi love chiny people, one a mi key spar a jamchiny, But dem deh 2 black chiny deh, mi cyan speak fi dem.
Sleepe-R said
@ MV #539
Haha…Stewart who used Air Jamaica like a robot taxi to build his Sandals chain of Hotel, then got a freebie from his well placed Government friends….hmmm not to mention his “questionable” start on the road to success. LOL…I wont even go into the rest, I guess admiration is misplaced these days or goes to the highest bidder.
Bless…Faith
Mercury Vapor said
I was browsing the internet and ran across this article:
Jamaica’s Most Admired Business Leaders
http://www.jamaica-gleaner.com/gleaner/20060322/business/business1.html
In the article are businessmen: Richard Azan, Michael Lee-Chin, Gordon “Butch” Stewart, Wayne Chen, Lascelles Chin, Joseph Matalon, Douglas Orane and John Issa.
I know how most of you feel about Michael Lee-Chin, but what are your opinions of other businessmen like Gordon “Butch” Stewart, Lascelles Chin, etc.? Have they had a positive or negative effect on Jamaica? I’m really curious to know what you guys think of these men…Please share your views.
Mercury Vapor said
Testing
Testing
Testing
Patricia said
SnB that response from truth was to Mr. Pompous Nocotec
Opportunity said
I laugh till a gwine dead. You folks are hillarious!!!!
Roli said
@510 Mercury, Good comment. Couldn’t have said it any better.
RedP said
Floridian
It look like somebody HOOD wink sir clarke outta him job!!!!LOLOLOLOLOLOL
Lawks mi belly a bus wid laugh, do mi cyah tek no more!!
Mercury Vapor said
Re: Post 532
LOLOLOL!!!!
RedP said
@524
Bredda Merc!! Mi forgive yuh cuz texas far from JA but the illustrious leeching has publicly, by himself without mr. hylton come out debunking the clubs and talking all kinda shoit and him and omar was very vocal.
But still. Hail up Adrian fi true!! LOLOLOLOLOLOLOL
Ah going to tell Mr Hylton fi watch him back!! A young turk a come from texas fi tek weh him job!!
LOLOLOLOLOLOLOLOLOOLOLOL
Floridian said
Mercury Vapor…
You are really making me proud and I’m sure your family as well because it is obvious that you haven’t been idling up at school and you have grasped the concept of business and the bottom line very well… Another thing that impresses me immensely is that you are not only bright… But ambitious as well…
Because to how yuh a defend di Wolf so hard… Is must a Vice Presidential post yuh a look!!!
Mercury Vapor said
Floridian, I’m going to become a teacher when I finish “my schooling.” So Mr. Lee-Chin can’t help me…unless him decide to start buy up all the schools up here!
Mercury Vapor said
Follow-up to Post 518
RedP said: “Sure him fling a little charity meat to the dawgs but thats about it. He is all about profit motivation and nothing else. Boasting about how much billions NCB has made in profit and at the same time offering the little man a rate of interest that dont even keep up with inflation. Yes he is not the only one but trust me, him def dont have yours,mine or jamaicas best interest at heart.”
Of course he’s all about profit…the man is a businessman! He gives a little to charity to gain goodwill from the public…to gain positive publicity…and also, and please correct me if I’m wrong…but don’t you get tax benefits when you give to charity? The man is a businessman people, he’s in the game to make money. Buying a Jamaican company and running it well is good for Jamaica and for Jamaicans…but he is in the game primarily to make money. There will be some positive effects such as the creation of jobs and philanthropy but the main reason is to make money. That is the reason why people start businesses and run businesses…it is to make money!
Floridian said
Jonothan…
Mr. David Smith = Di SWAPPER
Mr. Lee Chin = The Big Bad WOLF
Mr. Bill Clarke = Little Red Riding HOOD
Floridian said
Yes… Is true… Hail up Adrian for us…
hahahahahahahahahahahahahahahahahahaha
K…
From mi release yuh pon the DS thing… Yuh nuh stop feature it eeeeeh?
But look what poor Missa Simmit come to nuh…
First DS was Dave Smith… Then DS became DiSaviour and now DS = Di Swapper
Bwoy… When Jamaican people turn pon yuh… Is a hell of a thing fi true.
jonothan said
ahem. was i the only one who heard the esteemed michael lee-chin come out and speak negatively against alternative investment schemes a while back along with mr william bill clarke?
Stress now Blessed said
Patricia #517…What is that foolishness you just strain yourself and bring pon di good bus…talking bout you a share?
Where is the interpretation to go with it?
Dat don’t mek one ounce of sense…and just fi dat a hav a good mine ask drivah fi trow you off a di bus…for not using good judgement and bringing “tasteless clutter” on di bus which you know is strictly prohibited on this bus. A weeeeaaaakkkkkkkk!
Mercury Vapor said
Re: Post 518
RedP said: “In my view, Leeching has been the driving force behind the effort to discredit the clubs. In no way shape or form has he benefited peoples lives as the clubs have in a monetary sense that is. Yes he got NCB at a song, nutn nuh wrong, just business. However he has only used NCB to benefit his lot in life and not much else.”
I hear you RedP, but why do you believe that it is Michael Lee-Chin that has been fighting against the clubs? Is it because of things that you have heard people say? Those could be rumors which may or may not be true? Or, have you seen some REAL proof that he is fighting the clubs.
Also, isn’t it his company AIC that owns NCB? So Michael owns AIC…and AIC owns NCB? Doesn’t NCB have a board of directors and a managing director? I think the managing director is Patrick Hylton…correct me if I’m wrong. If NCB is fighting Olint or any investment club…why not throw the negative comments against Patrick Hylton…or the board of directors? I mean, how do you know it’s not their fault?
Overchill said
Patricia @ 517
If people keep hearing the same thing over and over again, they themselves will beging to beleive it. It’s not just one person over there doing it, it’s several of them. I personally dont know how so many people can dedicate so many hours from a day without being paid for it…
RedP said
@ 519
Floridian!! Bredda!! LOLOLOLOLOLOLOLOLOLOLLOLLOLLOL!!!!!!!!!!!!
Merc V yuh set man. Say hi to Adrian for me!! LOLOLOLOOLOLOOLOL!!!!!!!!!!!!!!!
Stress now Blessed said
Is today SATURDAY July 26th yet?
Cruiseday!
I see that the medication working…most of you are accounted for. I can’t but notice I don’t see STILL ON THE BUS. SOTB, you come off and don’t tell nobody or you come off a di medication mi describe fi you? Either one NOT good…stop by say good morning, let us know how you doing.
As for me..
I’m down…but i’m NOT out
the ride is rough…but I hear a small voice telling me…. PEACE, BE STILL… and I’ve chosen to listen.
Love Ya’ll…mean it…and there is absolutely nothing you can do about it.
SNB
K said
I am so praying Di Swapper shall overcome and prove them all wrong. I sincerely hope he has enough magnum in him to make sure he does not buckle but is determined to rip through all the negativity like Hulk tears his clothes when he goes green.
Di Swapper need to transform into a Hulk-like persona to squash all these people. I hope I am not the one squashed because he could not rise to the occasion
Floridian said
Hey everybody… Just checking in…
Mercury Vapor…
It looks to me like you are about to graduate and start to prepare to go on the job hunt… I like that… Its good to plan ahead… Now… I posted earlier… But it didn’t get through… Anyway, what I posted was some advice for you as you go on your job search after graduation…
Just Cut & Paste your 2 posts above and put them in your job application Cover Letter and attach your Resume… Send these 2 to Mr. Wolf and trust mi…
Him must hire yuh!!!!
RedP said
Mercv My friend!!
In my view, Leeching has been the driving force behind the effort to discredit the clubs. In no way shape or form has he benefited peoples lives as the clubs have in a monetary sense that is. Yes he got NCB at a song, nutn nuh wrong, just business. However he has only used NCB to benefit his lot in life and not much else.
Sure him fling a little charity meat to the dawgs but thats about it. He is all about profit motivation and nothing else. Boasting about how much billions NCB has made in profit and at the same time offering the little man a rate of interest that dont even keep up with inflation. Yes he is not the only one but trust me, him def dont have yours,mine or jamaicas best interest at heart.
Far as I am concerned him not even fit to be in the same room as butch stewart, chris Blackwell,
or even david smith for that matter.
Peace
RedP
Patricia said
Forgive me folks just couldn’t help it. I took a walk on the dark side and happened upon an exchange that left me in stitches. Driva, take time with me but I had to share…A usually arrogant poster that once visited here and who rides on the robot, as usual sought to educate a seemingly lesser mortal with his “informative” posts. Now, if the truth be told, (pun intended) HE WAS TOLD!!! Here’s a response from the valiant poster named “truth”
“Excuse me for my inferior intellect but what do questions about getting legal help have to do with cognitive dissonance and everything you just said. its like you answering a question that was not asked. You just illustrated my point. Your answer to any question is a knee jerk broken record soap box response. If I asked a question about the new crime plan in Jamaica by Golding, this is what I expect your answer to be “well, crime is a function of investment stupidity. If people did not invest what they could afford to lose, then they would have more money so that that thet would not have to steal and kill. They put themselves in that position, They should have listened to me on my posts which would solve the crime problem in Jamaica”
If I asked the question what is 2+2? your answer I would expect be “well, it depends on whether your investing for the long term. 2 in the short term is a different 2 in the long term. A 2 in the short term is risky and really is not a 2 because it is naive to think that short term 2 is safe”
Now obviously, the above is meant to be humorous but it illustrates my point, you seem rarely capable of not incorporating some well-worm tired message beaten to death that people have long ago moved past. This smacks of mental indiscipline or ADD or something.
Now, I bet you, your response to this, if you do respond, will go of again on another soapbox with at least one ore more of the following words or phrases in it…”dont want hear what say”…cognitive dissonance…investing what you could afford to lose is nonsense..I am right on all my previous posts…I know more than everyone else…i am a great information collector….people or stupid or mixing stuff up.. etc” ”
***************************************************************
If you read the posts of the person to whom truth was responding, another thing you’ll notice is the obsession with what happened or happens here. The posts are usually peppered with scathing remarks about either the #4 bus, Driva, me or about being banned etc. And that is regardless of what he is discussing. Such fixation I find not only absolutely amazing, but a bit weird and downright creepy.
Mercury Vapor said
Re: Post 514
Hahaha…RedP! You making me laugh too much.
But seriously, I just don’t see why all the negative comments about Michael Lee-Chin. Maybe…and this might just be me…I need some proof before I start really bad mouth a person. I think I would feel the same way if I saw alot of negative comments about any Jamaican businessman…be it Gordon “Butch” Stewart, John Issa, Lascelles Chin or Richard Azan.
concerned 2 said
D_Silver_lining i tried ringing lewfam but no luck,i did email them and they sent back an email just now giving instructions on how to do so.Thanks
RedP said
Re post 510
MercV!! yuh deh pon payroll!! Awhooaa!! Ductah!! Shot MercV two bax!!! Di books gawn to him head!!
Lawks Hab massy Fadah!!! Ductah !! MercV teeterin pon di dark side !!! Come quick!! Him need two
tump, one shotta bax and tree swiff kick fi get back him sense!! Bout leeching nuh so bad!! Poopa
Jeezaz!! Him gawn now!! Di books dem mad him!!! Him brain gawn now to rockstone!!Who have bellevue
numbah!! Call it quick!! Emergency!!!!!!!!!!
waiting in the wings said
I just spoke to my pig and she sounded less than hopeful she also said she diversified by giving harris of keen money to trade and we all know how dat go. Suffice to say she say she still have a private trader who have money for her and and when she gets this money she will spread the money around likkle likkle but she has been waiting on harris and smith to say someting and she still have faith neva sound so to me but a so she say.
I have also visited the dark side and dem nuh so bad mi tink mi woulda see eternal damnation but its interesting in a boring kinda way. Dis yah bus a di real mckoy.
Lick shat driva
Mercury Vapor said
I forgot about NCB refusing the $200 million dollar wire transfer that Olint sent to them. Ok, with regards to this…I don’t know if this actually happened. That is a rumor that I’ve seen on this blog, but I’ve not seen any real proof that Olint sent a wire and NCB refused it. NCB in a statement released to the news media denied that they refused a wire. Olint in their emails to club members have not said they wired a large sum of money to Jamaica. Also, the Gleaner article that said a large wire was sent to Jamaica did not say what bank it was sent to. Although…thinking about it now…it must have been NCB…since NCB is the bank that has Olint’s accounts. Anyway, that $200 million dollar wire…I haven’t seen the proof that it is real.
As for the other rumors about Michael Lee-Chin I suppose some of them are true. But remember that they are rumors…before I start to talk bad against a man, I would want to see proof. Remember that they are alot of rumors flying around the place about David Smith. Some of those rumors turned out to be true, but some turned out to be false. The same thing has happened with Olint. Since January there has been a ton of rumors posted on the internet…and spoken by people on the street…some have turned out to be true…and some have turned out to be false.
jonothan said
interesting.any views on this?
http://www.jamaicaobserver.com/letters/html/20050215t160000-0500_75158_obs_for_michael_lee_chin.asp
Mercury Vapor said
Ok, now I wouldn’t say that I’m a supporter of Michael Lee-Chin, I would say that I’m neutral when it comes to him. I cannot understand why so many of you guys have such a big problem with him, and constantly say bad things about him. He bought NCB when it was going cheap…ok…so what’s wrong with that? That’s what businessmen do…they look for opportunities and then capitalize on them. If he didn’t buy NCB, some other rich businessman would have, right?
He uses NCB to buy other Jamaican companies…ok…again…what’s wrong with that? If NCB has the resources to buy other profitable businesses…what’s the problem? I would do the same thing. I would try and create a conglomerate or group of companies. Why? Because it’s better to have a conglomerate or group of companies, than one single company. If there is a severe downturn in the economy a conglomerate will be able to better weather the “economic storm” than one single company.
Ok, well one company that he has I do have a problem with, and that is Flow. From what I’ve heard Flow has been buying up all the cable companies and that is bad. If all the cable companies disappear, and only Flow is here then they will have a monopoly and they can charge high prices. So, with regards to this company…yes…I don’t like what they are doing.
Ok, back to NCB. I understand that many don’t like NCB because of there dealings with Olint. But NCB doesn’t seem any more malevolent than any of the other Jamaican banks. They want to close Olint’s accounts…okay…so how is that different from the other banks? All the banks want to close the accounts of unregulated investment clubs. What about Bank of Nova Scotia, what about RBTT? NCB is looking out for themselves…they are looking out for their own interests…which I will say is not thoughful…but they are a business. Businesses exist to make profits…and always seek to maximize profits. They also have the right to do business with who they want, and not to do business with who they want. If they do not want to do business with Olint…simple…Olint should take their money elsewhere. If NCB doesn’t want to do business with me…simple…I’ll take my money elsewhere.
In closing, MLC is a businessman…nothing more…nothing less. The way he behaves is expected…if he didn’t behave a certain way…and do certain things…he wouldn’t be as successful as he is today. If I were in his shoes I probably would do many of the things he has done. He is after all a businessman.
RedP said
Over chill @ 505
I beg to differ, how can he be cutting jobs when he’s employed the posters on the bogus bus and also Cliff hughes?? LOLOLOLOLLOL
Overchill said
“Mr. Lee Chin said the creation of jobs is one factor that can contribute to the stabilisation”
Erm, ncb has been cutting jobs recently!!!
d_silver_lining said
Lee Chin is a f*ckin ginal!!!
Buy’s NCB, promises to keep fund in JA…then use the same NCB funds to buy local co.’s and then send the revenues from these co.’s o/seas to phatten his pockets…tink him smart…the people soon realize and when him dun spend off NCB $$ and tek wey himself.
Opportunity said
Lee Chin urges caution
http://go-jamaica.com/news/read_article.php?id=2845
Bunch of crock!!!!
d_silver_lining said
Concerned 2 – did you call lewfam and tell them you wanted to close your account?
RedP said
JSM @ 497
The mail came back undeliverable.
mail me at cjb at cw jamaica dot com
RedP
concerned said
Trading FX on margin is what DS and other smaller traders do . If you have $2,000 it can buy or sell , ( depending on the margin being used , which is 20 to 1 , 50 to 1 or 100 to 1 ) $40,000 , $100,000 or $200,000 USD . So if the $100,000 that your $2000 baught moves by $1000 which is only 1% , and you get out of the position with $1000 profit , your $2000 investment would have just made $1000 or 50% . Which is great , but if it had gone the other way , you would have lost 50% of your money . The large corporations and banks could not take this kind of risks with their clients money and they are the bulk of the so called Thrillion Dollar FX market . When Toyota USA pays Toyota Japan for 3,000 RAV 4’s supplied and they go to the bank to purchase the YEN needed , the bank does not try to purchase the funds on margin . They use USD to purchase the YEN needed at the days rate . So the trading that DS does is not to be confused with the normal FX market , where payment for goods and services takes place . This market is for traders , betting that a currency will go up or down . The RISK of losing some or all of your money is great . So please do not get too comfortable that every thing is OK with DS and that your money is somewhere waiting to be paid out , maybe it is , maybe it isn’t . I do not wish to scare you but this is the reality of trading on margin . That’s why I say , form a group and try to find out where you stand .
concerned 2 said
Please can someone tell me the procedure in closing my lewfam account.This would be greatly appreciated.Thanks
chilly said
DR @ 491,
You have been locked out of your account for foolishly logging into your account looking for money.
Likkle joke, try again, I had the same problem and logged in just now. Nothing change !!!
JSM said
Good Day Red P if you are on Link me @ jsm81085@hotmail.com. I am one of the COK.
RedP said
PEI
I hear you guy, trust me, I am just a small outfit. I employ 7 ppl. Right now I have to rotate staff and give them short weeks and it bothers me because times are tuff already let alone to have to get short pay. But wah fi do?? I dont want to lay off anybody. This is the predicament that a lot of small business are finding themselves in nowadays. Times dread iyah. It getting harder and harder to pay the bills and it almost as if you can feel the economy slowly grinding to a halt. Most businesses I feel are just barely staying afloat, i would say that my sales based on cash flow have easily dropped by at least 40%, businesses are having a tuff time meeting their obligations. it nuh pretty out there. I dont know how most ppl manage.
Large suppliers are complaining of getting bounced cheques from longtime customers in good standing,salesmen paint a very bleak picture when you ask them about there routes, its an island wide thing boss.
Large outfits that would normally let a 60k bill slide for a year are calling up peeps if they have 10k outstanding, when that shite starts happening its an indication of how bad things are. I am talking very large outfits that you see advertise all the time, one of them have a big depot down 3 miles, yuh know who me a talk?? Yes same one. When big boys like that start running down small balances yuh know it dread, and its not due to new management policy why them a run down ppl.
However I refuse to speak negatively about my circumstance and choose instead to walk by faith and not by sight.
As my friend Floridian says- a so mi see it anyway.
RedP
InForTheLongHaul said
Floridian,
Check your email
IFTLH
PEI said
RedP people busy trying to sort affairs and earn extra money. before you say who dat Chrismus is here an you know seh it well hot if chrismus come an yuh pakit well bruk. Little more boss ..and thanks for helping us with keeping the faith. Times ruff bad and we need the conscious words to keep strong. It seems the columnist limping on but me still nuh get no real word on what ah gwaan. We will have to see how it goes between now and say Aug/September.
RedP said
PONZI, PONZI, PONZI, Olint a ponzi.
Yuh see, it nuh hard!! How much yuh pay drivah??!!
SOTB where are you, yuh gawn pon cruise wid SNB???
RedP said
Floridian!! Yuh find a wuk or yuh nuh wake up yet!! :>
DR said
I cannot get into my MD account: hmmm what’s up with that?
Anybody else having that problem….
Leaving Babylon said
http://www.go-jamaica.com/news/read_article.php?id=2812
This may be old news for some, but I believe this will provide us all worthwhile information.
RedP said
@487
Amen Bro Jeremiah, Something hit my spirit this a.m. and I’ve repeated several times today. We worship a God of the impossible. Yea and amen!!
RedP
Redp said
HSingh, the adress you sent came back undeliverable. Please check adress.
Jeremiah said
Dear Fellow Bloggers,
What an exciting time to be alive. I know you are saying Jeremiah must be hanging out with some serious rastas and the atmosphere is affecting his mental capacity (ha ha) Don’t worry I have been in my prayer closet and I have good news.
God has a question for all of us.
Jeremiah 32 v 27 I am the Lord, the God of all mankind. Is anything too hard for me?
For many years we have read about miracles in the Bible and for many people, they have never seen a modern day miracle. Well, we have a wonderful opportunity to see one now.
God is a miracle working God and if we trust him and do it his way victory is secure.
God does his best work when the situation seems impossible. The only thing that can delay victory now is ——————— if there is an Achan in the camp.
Read Joshua 7.
In essence what God is saying is, if there is dirty money in the schemes we are in trouble. At the same time God is able to save but he only does so after we have repented and gotten rid of whatever is there that’s causing the blockage.
Egypt survived because Joseph the man of God was there. Genesis 41
Naaman was healed of leprosy because his servant a woman of God was there and told him to go see the prophet. 2 Kings 5
275 people were saved because Paul was on the ship. Acts 27
The Jews were saved because Esther a woman of God was there. Esther 4, 5 & 6
Olint and the other clubs will be saved because we the Christians are there. All we have to do is pray and follow God’s leading. Lets intensify the prayer effort. I am not only praying for the traders, I am also praying for all of you who are stressed because of this.
Is anything too hard for God?
Opportunity said
You guys are truly funny.
RedP said
CS mind dem kidnap yuh and brainwash yuh iyah!!
Trina said
I have fun reading…but try and give some real information..nu spread nu rumor…, yes have fun too…but please D can do bad by himself, lets not help putting him down…he has the ability to regain the respect and work harder to rebuild…..he will learn from this….DS will survive…pray for him
able said
http://investforlife.wordpress.com/2008/07/22/fsc-demands-account-info-on-olintlewfam-and-principals/
This is the link, I don’t know why you guys are not posting my comments. Check out the deletion of Janice’s posts on “FSC demands A/c info. at 10.25pm Sirach is responding to Janice when they deleted Janice’s posts above. Janice wrote at approx 10.00pmthat good news is coming from David today and she spoke of the “resurrection of David” and that prayers work.
I tried to give her this linkk to post here and they did not post my comment. In fact the other conspirators were posting about how come the blog slow down. That’s when they were busy deleting her posts. Guys stay positive and do not let anyone touch God’s people. The devil is alive in this situation, don’t let him get to you too.
Guys, they are pure evil over there they are trying to rally everyone to sue. Don’t follow them, they
Mercury Vapor said
CS, here is the website for the robot bus:
http://investforlife.wordpress.com
K said
http://investforlife.wordpress.com/category/ufos/olint/
CS said
Can someone (Floridian or someone else) tell me the site of the other bus?
And keep praying that all goes well with Super D.
jonothan said
sorry floridian, mi naw lie, A THIRD place too much fi mi. so wah a go lef? mi prefer dem bwoy up so hold it bredda.
Redp said
Merc V
pardon the manners. Whats up pardy.
Business holding its own but not what it used to be. JA dry bad iyah, very dry, up nawt, dung sout, east to west, it dread, we need them funds to come into the economy!!
RedP
able said
Last night someone called Janice posted on the other bus that DS has resurrected and that prayer works and that good news is coming. They deleted her posts and you have people like Sirach responding to her by name but when you check above the posts Janice’s post was deleted.
I tried and tried to post over there with this link asking her to post over her. I don’t think she knows about this site,, as I found the other bus by accident and when they kept referring to the number 4 bus I found over here.
You see, the last time Janice posted, she spoke a meeting with Lewfam and DS and that a letter was coming to Lewfam members. The very same evening a letter was sent to Lewfam members speaking about meeting with David. She said today we will see the resurrection of David and good news was coming.
They asked her about our encashments and she said just wait until today. I have been following her posts and she posts only every couple of days when she has seen or heard something concrete. Is there any other observer out there who can back me up on this?
RedP said
Leavin Bab check mail.
Future Top Trader said
Paul H
Sorry for addressing you so hostile still. You just needed to be more specific with that zero thing. You might have confused some other people on the blog thinking u cant make a loss. I just want those who want to trade to understand what the market is like.
RedP said
Paul H @476
Paul, I couldnt agree more. I felt this in my spirit as well. My pastor feels the exact same way. We have taken our eyes off the Lord and gotten caught up with other things and he def feels that this is a wake up call to get back to basics.
PS I wouldnt want Garnett to lecture me on anything at all. He’s more of a ‘tician than a man of God in my view.
RedP
Ductah!! Wake Up!!!
paul h said
Future Trap (or is it “crap”) trader.Why yuh soh hostile bredrin.If you are under 30 don’t address me.Stay in your dark ignorant corner.I merely mean’t zero loss in terms of monthly cycles.That’s the last time I’m going to spell out anything to you.LB I sympathise with you but what I said is in fact true unless D man was straight up lying.The main question is the future of O.Is it worth it to continue after this is over.I once felt the “call” and entered the seminary (Garnett R.) was one of my lecturers who used to cuss me about my car at the time a new accord vs. his Lada.Anyway at the time I wasn’t as holy as dem.By the time I get a grip on the holiness ting give cars to struggling pastors etc. mi get lef ..a pure SUV di man dem a push.Moral is after a while di messiah role gets too heavy and no matter how you start off with good intentions di multitude elevate yuh,it sometimes get to yuh head and God haffi show up again.It then repeats itself until the lesson is learned.I find this evident especially in small societies like ours.I joked with a “pig” sometime ago and his comment was that all the Pastors backslide since the dollaz start flow.Church time a cut , prayer meeting cut out, instead of greeting with a “God bless you” it became “Yuh mekkin money?
InForTheLongHaul said
RedP
Check your gmail
InForTheLongHaul said
RedP 469
I will email you re prayer. Like you I know how powerful it can be.
Driva – nuff congrats! Yuh can come over here an drive double decka bus. More room fi di passenger dem dat a jump on
IFTLH
Mercury Vapor said
Morning RedP! How is di hardware business nowadays? Mi have fi sneek pon di bus when Floridian (Di Duckta) naw look! Mi bruk, mi cah even afford di bus fare right yah now!
Rabbit said
Morning RedP. Checking in early before I go to work. Have to walk though since Florididan calling for bus fare…
Congrats Drivah.
A good day to all.
God Bless
Rabbit
RedP said
DRIVAH!!!!!!
300,000 and counting!!!!!
BRAP BRAP BRAP BARP BRAP!!!!!!
CONGRATS!!!!
EVERYBODY BIG UP DRIVAH!!!!!
RedP said
OneJam yuh make any headway on that thing yet??
RedP said
Good Morning PPL!!
Merc V!! Is so yuh go to bed late?? I hope is study yuh were studying!! If not Floridian going haffi come give yuh two kick and shot yuh three box!!
Sis Rabbit!! Is so yuh wake up early like me?? Good morning nice lady!!
Anyway, In my quiet time this morning some things burdened my spirit that I would like to share.
I am asking that people who participate on this forum or who read the comments here but never post, that practice prayer and believe in its power to please email me at
olintdude at gmail dot com
I would just like to share with you some of the things that I feel need attention and perhaps collectively we can come together in one accord. and the same if any of you have any insight to share. But lets just start with the addresses first. If you guys dont mind that is.
Dont worry, I will not sell your mail adress even though I need money to pay ductah!!
Have a good and Godly day!!
RedP
Rabbit said
@Bruck Pakit 384….you may be on to something re expressing our views in the newspapers. One person has – http://www.jamaica-gleaner.com/gleaner/20080723/letters/letters5.html
Mercury Vapor said
Re: Post 459
K, I do not trade the forex market myself, but I know a few people in Jamaica that do. They started at MTI a while back and now trade part-time. They are successful and have told me that a good forex trader can make 40% to 50% return per year. That is based on their research and experience trading.
That rate of return…40% to 50%…can be made consistently, but it is not easy. There are only a few successful forex traders, and it takes ongoing education, a lot of trading experience and good risk management strategies.
A higher rate of return is possible but it is unlikely that a trader can make these higher returns consistently. I must say however this applies to the retail forex traders. Institutional forex traders like David Smith (who was trained at JMMB) may be able to make higher than the 40% to 50% return per year…I’m not sure. I’ve only heard about the retail side of forex trading.
Future Top Trader said
Paul H
If is clear your not a trader and dont know crap what u saying. All traders make a loss at some point. The onus is to make more profits than losses. Talk to any trader who trades for a living and you will find that out.
Leaving Babylon said
Floridan – Forex is not a zero sum game. The international banking cartel simply infuse the system with additional fiat currency whenever they decide to do so. Money IS quite literally created out of thin air on a routine basis.
Leaving Babylon said
Paul H – Thanks, I hope that you’re correct, this total lack of information is difficult. Knowing what my account actual is suppossed to be (after audit) and approximately when funds will be delivered – or – the option of X% in the near future or the hope of Z% with such and such added controls (quarterly audits) would be music to a number of people’s ears.
Paul H said
Yow Flo., read my past blogs, it is possible to be trading consistently at a zero loss.One way is to seek out trading opportunities.Sometimes these don’t present themselves until the 3rd or 4th week.The thing is to have a system and be disciplined.Still averaging 15%. LB what i said earlier is as close to the truth as you can get.Note the question marks and where they were placed. There will be changes.It will not be business as usual.Good news for some and for others well…..adios.Again learn to trade!BTW it is not a simple zero some game .Look at the US, do you really believe its doomsday.. hell no.The economy will rebound, oil will level off around $100, the dollar will be pegged to the price of gold, there will be growth despite the threat of inflation due to a rising dollar and I can go on and on.A lot of it is politics.Case in point a while back you could’nt mention drilling for oil or nuclear.Now the people can’t tek it no more an everybaddy wan dril.In Ja every christian and morally upright person was saying no to guns now everybody and dem sistah want it.Politically you have to make the people want it yuh cant shove down dem throat.
Floridian said
K…
The foreign exchange market is MASSIVE with total funds being traded WORLDWIDE totalling well over US$1 TRILLION dollars per DAY six days a WEEK.
In lay man’s terms it is a ZERO SUM GAME in terms of trading… That means if I made $100 someone else lost $100…
Now money is definitely being made by someone somewhere while it is equally being lost by someone somewhere else…
Of course money can be made from foreign exchange trading… Thats why it is the biggest financial market out there…
My problem is that Dave never reported a loss in all those months of trading which is literally impossible because markets swing dramatically on the word of one big person like George Bush for example… He woke up the other day and said he was lifting the executive order for drilling off-shore… The price of a barrel of oil fell instantly and something like $20 in 2 or 3 days… Now if someone missed that announcement when he made it… The position they held in the foreign exchange trade may have reversed and wiped out that persons money in the blink of an eye.
My point is that Dave cannot know everything happening everywhere every time and must have positioned himself on the wrong side of a trade on numerous occassions and lost…
But back to your point… It is said that 90% of traders lose money and only 10% make money in the long run… It is alleged that Dave may be in the 10%… We don’t know… He might be amongst the 90% with our money gone or going down the drain…
But the answer is YES!!!… You can definitely make money in Forex Trading.
Olint-for-life said
Just remembered
RJR news reported that the TCI Police should be releasing a statement today, explaining the current status of the investigation.
I didn’t hear any; did anybody hear of any?
Tito, can you give an update, if any.
Olint-for-life
K said
Floridian – rolling on the floor laughing……Di Swapper…..LOL
If you want more folks please visit http://www.DiSwapper.com
Long live Di Swapper….lol lol
K said
Guys and gals
cannot leave out the ladies. I have a serious question to ask and hopefully we can take the bus ride in this direction for a while.
This O debacle makes it appear that traders are not legitimately making high monthly returns from trading forex.
When I consider all the reports, the comments from the detractors it seems the larger issue is gaining high % returns from Forex is a scam and not possible because if you believe it is entirely possible then you would be more inclined to believe DS can do it if not been doing it. Where I think DS went wrong is perhaps not engage in disclosure or managed accounts. However as Leaving Babylon pointed out some traders might see managed accounts as revealing their secrets over time. It’s possible I guess.
So to the detractors, the doubting Thomas the REAL question is do you believe high % is consistently possible through Forex or trading for that matter. People are doing it everyday, so why single out DS because he never shared info YOU wanted to know?
I just don’t get it.
I know of one other trader doing it, mind you I have never seen him do it, I have never seen his trading history. If he showed that to me and it looks up and up perhaps I would jump in too if I had the cash at my disposal.
So the floor is open for discussion on this topic. Do you know of traders, personal friends who are doing it that you can verify? Is it so abnormal to believe its possible.
Shit, within a few week of Visa IPO you could have made at least 20% profit. THere are people who day trade the stock market and make good monthly Returns so why is there this poisoning of the mind that such things when put out there in the light like DS did it is termed a Ponzi. I am not saying he is not a Ponzi, we could hear and see data later on verifying it was indeed a Ponzi. However, for now we know him as a Forex trader unlike Carlos Hill who was known for selling megaphone. From the day I heard about it I questioned that model.
So let’s talk about about serious topics here now and lay off the DS issue. No one know anything certain at this point as far as I can see.
Floridian said
So K mi breddrin… Mi know you going love this… Yuh nuh hear the new meaning mi have for the initials DS?
Them stand for… Di Swapper!!!
hahahahahahahahaahahahahahahahahaaha
Leaving Babylon said
Paul H – This is the type of information that I’m looking for. So are you posting a report you read, do you have a website, etc.? I’m sure, quite sure David’s lawyers are trying to keep him out of jail, but the question in everyone’s mind is what is the current status and when (date) will we know something – anything? If the 4 weeks is just your opinion please let us know, but if you do know something please share.
RedP – I’m not lying, I almost wrote the very exact phrase, but I wasn’t sure how common “rubbing your nose in it” really was and I was also in a bit of a hurry, so I just deleted what I had typed and got back to work. That’s too funny, but that’s exactly the case. The last thing anyone on this bus needs is to be told how they can get their money anytime they want, which just sounds like a “nanny nanny boh-boo” elementary school tease at the moment. Guys I am down big, I’m not kidding this is a serious problem, and right now I’m just hoping that I’m not going to get leveled. I need information to communicate to people that are none too pleased with me.
PEI said
Yeah Driva a roun’ fi yuh..mi ah enjoy di rde mi all ah miss mi stop
K said
OK, a lawsuit against O if O has money vs lawsuit against O if O has no money is different. cash+ case I think is different, is it not? he just had no money to pay members. I am not an attorney but that makes common sense to me. A lot of people are calling doom and gloom, creating FUD (Fear Uncertainty & Doubt) and they have no idea of O’s asset base.
So how then are they able to say there is no funds.
What puzzles me about Cash+ case is Carlos Hill had attorneys working for him. Did they ever find out if he truly had money. Let’s say that the knew he only had money to pay his legal fees, were they that cold to just take the last of the money? Sounds like attorneys without scruples.
Are there any attorneys on the Stress Express bus ride? Strange how none has been seen to date.
Overchill said
Lawsuits now will put more stress on the situation and probably send things on the cashplus route where receivers are called in and everyone ends up in the same boat. Let’s see what happens in the next month or so and if any communication comes from the O camp.
Olint-for-life said
Agreed to that Floridian #450
Congrats Kevin, good driving.
Olint-for-life
PIP Squeak said
bwoy Flori-ducta,
unnu nuh stop harrass di skoolas eeh?
Hih…si mi likkle lunch money ere.
now ‘low mi mek me go back roun di corna an small up miself!
Bless up driva
FORWAAD!!
Floridian said
Bwoy… From mi start mention bout bus fares… Every passenger just get silent… Is wha???
And I bet you people never even know that the bus is about to reach 300,000 miles worth of hits…
Congrats DRIVAH!!!… Big UP yuhself…
Unnu congratulate di man.
Rabbit said
Evening all
Re #386 – Since the responders are scattered all over, and there is power in numbers, we might have to have a virtual meeting. We can explore online chat tools or something similar.
jonothan said
mi naw lie yu boss, da one deh tuff. DI BIG BAD WOLF AN LIKKLE RED RIDING HOOD. LOL.
K said
Waiting in the wings….whats up with this more anon thing you a close your blog dem wid? lucky thing I was a spelling bee champion back in the days
Yuh nuh see seh Jamaica want everything in Patois now, down to the Bible. so beg yuh cut out the anon talk
waiting in the wings said
floridian you too funny memba dat a strait a happolo fi you cause right now if you lay youself careless you find out say you all have lifetime contract wey you neva sign with waiting in the wings entitling mi to 95% of wages in the first ten years ( to cover the mortgage and loans) and 98% in the second term:-)
I went to scotia today and the talk was olint and how a nuff rahtid people a fret and a hope so nutting no really go so. Cause believe me people JA hard nuh backside and this is the main reason why clubs such as olint flourished.
The odder day we had rain which was nice den mi see the gleaner wid a man who fa car dey a some spot inna st thomas and him look like say him was willing fi go drown wid the car . Nuh true mi a talk people. More anon
K said
Floridian aka Ducta bwoy
boss mi fare lock up wid DS yuh haffi go check him fi mi fare to rhatid.
Unno remember Professor NUts song back in the days bout the minibus ride when he said “so the ducta deh come down with the money bag and shout out, fare please till him throat hole tired” …..”mi hear a man up a front bawl out mi just get ROB”…”di ducta seh wah the minibus stop, de ducta grab him up and give him couple slap, fling him offa di buss drop him pon him headback”….Inna di buss dem a fight and fuss….
So Ducta, mi get temporarily “rob” so nuh slap mi up boss
do mi a beg yuh.
AW said
Here is the info for the renegade bus http://investforlife.wordpress.com Be warned u will need a straight shot a vodka especially when u view the propagandaism they spreading with you-tube video they made of DS
Floridian said
See the one Paul H a come wid him speaky-spokey self now…
That nah help yuh boss… Is Dollaz mi a deal wid right now fi di bus fare… And although you a try lift wi spirits…
PAY UP!!!
Paul H said
Fellow bloggers,let not your hearts be troubled,this too will pass.Prediction, assuming that nothing comes of these investigations, DS will gain access to his records quite soon.So as not to have a repeat of overpayments etc. there will be an audit of the individual accounts which will take about 4 weeks.If there is enough cash on hand to repay, he will pay out everyone and the future of O? If there is not enough cash an offer will be made to repay a percentage or to trade for a few months to bring the fund up to the required level and the future of O ?
Floridian said
Opportunity…
Yuh nearly get whey from mi to backside… Yuh know is why mi ketch yuh???
The giggling whey yuh a put down wid yuh smiley all a laugh after mi…
DIP INNA YUH POCKET and come up wid something… FAST!!!
Future Top Trader said
how much fi ride pon this yah bus yah, Floridan
Olint-for-life said
The following is a mommy and daddy story that I just received.
Children can be so cute and helpful that’s why we gotta love them.
So please pay attention.
**********************
Cup of Tea
One day my mother was out and my dad was in charge of me.
I was maybe 2 1/2 years old and had just recovered from an accident.
Someone had given me a little ‘tea set’ as a get-well gift and it was one of my
favorite toys.
Daddy was in the living room engrossed in the evening news when I brought Daddy a
little cup of ‘tea’, which was just water. After several cups of tea and lots of praise
for such yummy tea, my Mom came home.
My Dad made her wait in the living room to watch me bring him a cup of tea, because it
was ‘just the cutest thing!’ My Mom waited, and sure enough, here I come down the hall
with a cup of tea for Daddy and she watches him drink it up.
Then she says, (as only a mother would know…
‘Did it ever occur to you that the only place that baby can reach to get water is the toilet?’
**********************
Olint-for-life
Opportunity said
If we nuh laugh we a go dead.
Floridian said
Anyway…
K and PEI…
The 2 a unnu think unnu smart… Think mi never notice di 2 a you a try slip pass mi…
FARES PLAESE!!!… BUS FARES… FARES… FARES!!!
RedP said
YM 11011
In my view, alluding to the fact that not asking questions has put ppl where they are, in dire straits, appears to be rubbing ppls noses in it. I for one asked many questions and I am in the same situation.
That comment to me seems seems to be rather arogant and offensive. We agree to disagree on this blog but in a cordial jokified manner.
So, if that is not up your alley please look elsewhere.
If you choose to stay we only ask to keep it clean and consider other ppl, and if so, welcome.
RedP
d_silver_lining said
Ym11011 i never said any thing about ‘gutter’ comments…say what u please.
All I said, was your comment was irrelevant re: lawyer fees..that $$ can come from anywhere and they can always make arrangements as RedP said.
I was just messing with ya about letting you off the bus…please feel free to stay…there’s a seat at the back for ya
Floridian said
Alright sekkle down everybody…
Times stressful and hard fi all a wi… But Ym11011… Yuh have any investments in any of these schemes or not???
Mi notice you just come on board the other day… Nutten wrong… But nuff man and woman in here have been here from the bus start roll… So when we see a stranger just come pon di bus… We get cautious and wonder what is the purpose of this new rider…
That is all… If you come on here to call di whole a wi eediat cause wi take a chance inna something… Wi nuh like that… But if you find yourself in the same position as us… Then no problem… Hold a seat and say what yuh want to say… So one more time…
Yuh have an money inna anything that inna problem right now as it relates to investment schemes or not?
Olint-for-life said
The following is a mommy and daddy story that I just received.
Children can be so cute and helpful that’s why we gotta love them.
So please pay attention.
**********************
Cup of Tea
One day my mother was out and my dad was in charge of me.
I was maybe 2 1/2 years old and had just recovered from an accident.
Someone had given me a little ‘tea set’ as a get-well gift and it was one of my
favorite toys.
Daddy was in the living room engrossed in the evening news when I brought Daddy a
little cup of ‘tea’, which was just water. After several cups of tea and lots of praise
for such yummy tea, my Mom came home.
My Dad made her wait in the living room to watch me bring him a cup of tea, because it
was ‘just the cutest thing!’ My Mom waited, and sure enough, here I come down the hall
with a cup of tea for Daddy and she watches him drink it up.
Then she says, (as only a mother would know…
‘Did it ever occur to you that the only place that baby can reach to get water is the toilet?’
**********************
Olint-for-life
PEI said
me think the tracing did done? Have mercy
ym11011 said
How is it gutter comments, D_silver is the one who started with the insults.
Or do you want everyone on this board to have the same view point as yours.
bruk pakit said
Red P – thanks… As I get the bad news, I anxiously await someone to refute it. Different people have different agendas and are saying different things. I suspect that even if funds are there, in light of the freezing and siezing, they can’t state it publicly.
RedP said
YM11011
Star, if you cannot keep it civil please post elsewhere. we dont deal with gutter comments on this ride. Yuh simmi???
RedP said
One stop drivah!! Flori need fi chuck off some garbage!!
Future Top Trader said
whats going on man me posts aint going thru. drivah wha u deh pon
ym11011 said
So wait,BOSS , im not supposed to ask such questions, HA
look were not asking questions got the lot of you.
So save it for someone else, last time checked, i can withdraw money from my investments any day of the week. Unlike some of my many friends who just decided to play blind and give the money to David the Messiah.
RedP said
Actually mi did sneek on widout pay long time but dont tell ductah. mi a claim squatters rights still cuz nobody nevah call mi up fi inspection!!
Comment said
You guys are so funny, Brother Rep, OFL, Patricia, Floridian and the rest. just checking in.
Peace
d_silver_lining said
Ez ducta ‘Floridian’ my apologizes…u deh pon tings then!
PEI said
what a merriment!
Olint-for-life said
RedP
You might have a one year pass.
I have a life time pass. (HaHaHaHaHaHa)
Olint-for-life
K said
RedP – so you are a “Bus Fare Swapper”!!!!
RedP said
Mi did buy one a di one year pass dem!!
True seh mi did know seh diesel did a go raise so mi nevah want new fair lik mi!! A fi mi futures tradin dat!! 
Floridian said
DSilver…
Is wha yuh a deal wid bout leego di passenger????… Right now as di Main Ducta… Make me mek dat call to di driver… Cause the way how things stay right now and how all a wi bruck…
We need di likkle bus fare dem!!!
By the way… Yuh pay yours yet?… As a matter of fact…
FARES… FARES… BUS FARES!!!
Future Top Trader said
Does anyone know of any case similar to David where US checks out someone for money laundering and the person was found to be not guilty?
d_silver_lining said
who is YM11011?? Why even ask such a open ended question??
YM11011 think you’re on the wrong bus hahahahahahahahah !!!
One Stop Drivah!! leggo dis passenger……………
K said
YM11011 @ 408 follow up to RedP.
Did you ever consider that those lawyers could be invested in O and don’t want to see the best and decide fi do it pro-bono or with a personal promise of higher returns. who knows. Money talks! or promise of it
RedP said
O4Ever @ 411
Paid off years later.
d_silver_lining said
Well said RedP!!!!
RedP said
YM11011 @ 408
Did you ever stop to consider that the lawyers know something that you dont?? They may well be working knowing that they will be paid. Quite a number of them do such a thing. Think and check
They have access to far more info than you and I. All you are doing is jumping to conclusions and creating more speculation by casting such aspersions.
I have a negotiation going on with which I had to pay a retainer. The retainer has been surpassed but at the end of the negotiation the lawyer knows that there will be ample to pay for their services.
Think and check.
RedP
Future Top Trader said
This is the new name from here on out. No more Olint Forever. I was told to hold out on buying houses if you are planning to. Just wait a bit more Jamaica housing market will become like the US and soon we will be getting 2 bedroom houses for $3m and less. Just wait and see man.
olint forever said
Red P.
I wish I was your father in them days there. Did he eventually pay off everything or the bank just forgot about it and call it bad debt?
d_silver_lining said
Maybe Wayne Smith paying the lawyers? LOL…who knows??? U need to ask DS about that one.
Floridian said
Olint Forever…
Yuh name a mix mi up bad bad with Olint For life… Do beg yuh change it to something like Olint man or Olint woman…
Mi head a spin all type a diffrent way right now and mi really can’t tek nuh more confusion.
Thanx
ym11011 said
Why can’t lawyers be paid? The money for Investors are in millions…lawyers aren’t!! Do we want our $$ back? Pay the lawyers then…
Im not saying that you should have lawyers but forget about your money its gone, You think these lawyers are even close to being cheap. They are the definition of expensive. Listen Olint could have evaded this situation from long time. Hand they at least paid out some peoples encashment.
How exactly are the lawyers being paid, with IOU’s??? no cash from a bank account. That was either wired to them or written to a check. So if the lawyers got a check or wire to defend David, why were all these issues to wire and transfer money to us a problem us investors yet everything is fine and dandy when it comes to people who are hired to save him buttocks.
Patricia said
Here here RedP you got that right. And yes Floridian, in JA the banks cant simply sell the house for the price of the indebtedness. They have to get valuations done and find out the forced sale value. People will cry foul if banks sell below that. The banks went through that in the 70s and 90s. I dont think they’re looking forward to that saga again. The overdue loans are piling up at these institutions. Someone even said to me that plenty children will be changing schools because their parents can no longer afford the Prep School fees.
RedP said
Floridian, that is the scenario that is gonna play out if they dont fix this shoit soon.
Let me tell you something.
The only reason that my dad didn’t lose his yard in the 70’s when things was well dread was the fact that the bank didnt want it!! Nutn did a gwaan and dem did have how much house and Land puddung weh them haffi hold on pon.
They told my dad hear what, keep di house, jus give we some likkle much whenever you can cuz it bettah den nothing. We nuh want nuh more house, we have too much already.
Olint Forever-
God says that what is done in darkness will be brought to light. If someone is to get vindicated he will. So dont let what is going on bother you too much. Its God you have to trust, not david and your money. Who will be condemned will be condemned, who is to be made a fool of will ultimately have to endure that. Remember, God uses the simple to confound the wise. Tek yuh eyes off yuh circumstance and trust the Father. He is Sovereign and in absolute control.
RedP
Opportunity said
All the gwaan the banks them a gwaan them must be very frightened for what is going on with O. Because is alot of defaults going to happen if they succeed in crashing O. Somebody wrote a mock up letter on the last bus to Mr. Leech’n. Must have been Floridian?. That letter should be placed in the newspapers.
BTW, what is the latest with NCB and the boycott, withdrawals etc. As I have said before I really do think that it is only fair that a bank should go down along with all the investment clubs.
olint forever said
Olint-for-life,
You need me to change it.
olint forever said
http://go-jamaica.com/news/read_article.php?id=2812. I thought Lewfam left and went to Turks. This investigation dont look like it going finish fi now.
Opportunity said
Well said D_S_L #399!!!!
A lot of the detractors (and I can say is whole heap) are jumping in now for the final kill but O investors need to remain CALM now. Making irrational decisions based on fast paced rumours and irrational news is not in our best interest.
Floridian said
So mek mi ask a question… Up here in the US we are having a severe housing crisis with one whole heap a house up fi forclosure… Banks a collapse… Like Indy… US Government a step in to help out Fannie May and Freddie Mac… Wachovia just declare losses of $9 billion in the 2nd quarter… All because house get forclose and can’t sell becuase there are no buyers because everybody bruck…
Then if you think about it… Then nuh di same thing a go happen inna Jamaica with this Olint crash…
Banks going forclose on homes and now they will have this as inventory… So them have to go to market to try sell them… But who going have money fi buy them???…
I posted this concern several weeks ago that the banks a cut off them nose fi spite them face when we heard that it was the Wolf behind the blocking of the funds…
Now whether it was the Wolf or Little Red Riding Hood (you figure out that banker
)… Whether it is either one of them or some other entity… Jamaica is going to have the same housing crisis or even car crisis because nuh one bagga crissas mi hear a drive pon road from di other day… All them things going get seize when loan nah get service…
BTW… I remember when I lived there and you defaulted on your mortgage loan… Although the bank could seize your house… They couldn’t sell it below the “forced” sale value as determined by a valuator… Is that still the case???…
In other words… If you borrowed $1 million from the bank years ago and over the years the market value of the house is now $10 Million and the forced sale value was estimated at $8 million… If you defaulted on the $1 million loan… The banks could come seize your house but they couldn’t sell it for less than $8 million… With the idea being that… From the 8 million they would recover the 1 million you owed and give you the balance of $7 million…
Is that law still in effect?… I think over here them just sell you house fi recover what you borrow… None of that forced sale business like in Jamaica… You borrow $50,000… Your house worth $200,000… Them a seize and sell yuh house fi $50,000… Argument done!!!
So what will happen is that the banks in Jamaica will be foreclosing… But because of that forced sale law… Them can’t sell it just to recover the outstanding amount… Them going get stuck with one whole heap a house and car and nobody can’t buy them cause Olint crash…
What a disaster… Anyway… Mek wi see nuh…
Olint-for-life said
Olint Forever
Your screen name sort of sound like mine.
Just acknowledging you and to let people know that you are not me.
Olint-for-life
d_silver_lining said
@ 398 – Olint Forever
People want to fuel Chaos, uncertainty and push members to act irrational….a lot of Cliff Hughes are out there that want to see the demise, meltdown, bankruptcy of O…we all just need to remain calm and see how the next few months play out and the ‘official’ reports from the proper authorities and the lawyers.
olint forever said
D_silver_lining, what wrong with people man. Them cant go a day without spreading viscious rumours bout David. Why them no wait till the case over.
d_silver_lining said
FROM RJR website today:
“Smith has no overdosed”
Tuesday, 22 July 2008
“Reports of a suicide attempt by head of OLINT Limited David Smith have been quashed by a high ranking police officer in the Turks and Caicos Islands, where Mr. Smith resides.
Spurred by reports that the beleaguered investment scheme mogul had overdosed on pills, RJR News spoke with Senior Superintendent of Police Hubert Hughes in Turks and Caicos.
The man leading investigations into OLINT’s operations there strenuously denied the rumours, noting the latest developments in the case are to be made pubic in a release to be issued Tuesday afternoon.”
RUMOURS CAN FLY EHHHHHHH……….
Yardman On Wall Street said
Money-Laundering Prosecution Worries Lawyers
http://abcnews.go.com/TheLaw/story?id=5421119&page=1
RedP said
Chilly yuh getting warm, yuh soon get hot like scotch bonnet!!
chilly said
You know, the US Department of Justice is something else. I listened to DS interview with Cliff Hughes for the first time this morning, and at least on the matter of the wire transfer things have become much clearer.
In the interview on July 4th with Cliff Hughes, DS said he had a commitment from the broker for Friday July 11th, the same day the USDOJ issued the letter freezing his account. They name the same three people mentioned in the NFA complaint, and you can be sure there is no substantiated money laundering claim against either of them, just an effort to prevent a large sum of money leaving the country while they conduct their fishing expedition to nowhere.
Redp said
Flori, heads up pardy.
Olint-for-life said
RedP #377
“Patricia, O4Life, Heads UP”
check mail
Olint-for-life said
testing
d_silver_lining said
Ym11011
Why can’t lawyers be paid? The money for Investors are in millions…lawyers aren’t!! Do we want our $$ back? Pay the lawyers then…
ym11011 said
Someone has yet to explain to me, why lawyers dont have a problem being paid
yet Investors do?
RedP said
Flori Pardy mi soon drop a line.
Sharonette said
Thanks Floridian….i got a link on the ‘other’ bus.
DS is in for a rough ride, RJR midday news just reported that a Senior superintendent from the Turks quashed rumors that DS tried to overdose on pills…….Persons seem to be dragging his name in the dirt.
When are we gonna be doing that prayer and fasting day that was suggested?
Floridian said
OK… Good news and Bad news…
First the good… Several people have contacted me with the info on where they live… Now the Bad… Is only 6 a unnu respond!!!
Mek it worse… Is 6 different place unnu live…
Fort Lauderdale
Kingston
St. Mary
New Jersey
Canada
MidWest USA
Also spoke to the creater of the other site… He said he’s only gotten 12 responses…
He doesn’t like the idea of the lawyer/receiver thing right now because by the time it reach us likkle ones… Its probably going to be pennies on the dollar we MIGHT get…
I told him the first thing we really need to find out is what does he have available to trade… Becuase with out that info… We really can’t decide whether its the receiver route or the 9 month route…
We were bouncing around the idea of getting an attorney here in the States to represent us… And was thinking we could split the costs between us… I suggested a site to him that someone posted on this bus… I think it was Conway & Conway… and they seem to be well versed in matters such as these… We both agreed that we are more leaning towards the 9 month route for now… But first we need to find out how much is there…
Again… Since I’ve taken up the responsibility for organizing info from this bus… Just email me the following info and nothing else for now:-
1. The name you use on this bus and;
2. Where you live
That’s it… I don’t want any financial info… So send this info to me at:-
olintinvestor AT gmail DOT com
So RedP… Whappen???… Mi drop offa yuh mailing list?
RedP said
Bruk Packit @384
Olint is very very far from being ‘bruk packit’, that is all I will say, hopefully it help ease the pain.
bruk packit said
OK, just heard that as of yesterday DS intends to try to pay back principal but it will take a very long time…no mention of balance as at end of May. Close friend said he cant do any trading for a while – has to focus on staying out of jail. His attorneys not focusing on victims at this time. Seems to me we are on the right track organizing ourselves to be heard. I know also that they are reading the newspaper. As victims, we need to then express ourselves in the newspapers.
RedP said
Floridian
Yuh pick up yuh cellie yet?
Floridian said
Sharonette…
Read my post at 359 and you might be able to solve the mystery of the 2 buses
Sharonette said
Morning all…..
Still a silent passenger on the bus, I have one of those blue seats for the ’special’ passengers, so I read more than i post….
Anyway driver, i see u tell the TATA colored bus ta-taa and gone on to the Luxury Bus.
By the way can anyone one tell this challenged passenger which route the ‘other’ bus drive on. I hear the references but i cant seem to find that country bus….
shergambino at yahoo dot com
d_silver_lining said
Thanks for that info Tito!!!
I had a good friend at his Birthday Bash as well…
Guy’s….DS makes some kind of percentage/fees from our $$ invested with him, so if he’s trading and making profits he will be taking his fees…he has also made millions from before our current situation as well….so we need to realize that DS has the right to spend just as we do…casino’s, birthday’s, or whatever he desires…do not bash him for this…this may be his stress relief. Also, this is no secret, anyone who knows DS knows he gambles…that helps build a good strong trader.
d_silver_lining said
Thx RedP
Tito said
Morning All!
Have been off Island for the last couple of days so haven’t been reading the blog.
@dsl..that makes sense, TCI FX is closing down and was traded through FXCM, a lot of withdrawals were made in April so the 3+million sounds accurate. Also speaking to TCI FX they are just waiting for their account to be unfrozen so that the money can be wired from the trading platform to the bank account, therefore the money is still on the trading the platform.
Nothing much to report I’m afraid, DS still on Island, and can confirm that FSC have been enquiring at the local casinos if DS has any credit with them, and how much gambling he was involved with. Can also confirm that $100k bets or whatever you call it were common place.
Can also confirm his big birthday bash earlier this year where a number of jamaican mps were present.
RedP said
Patricia, O4Life, Heads UP
RedP said
D-Silver check your mail please.
d_silver_lining said
What’s happened Tito?? our TCI source lol-lol-lol
I think the current balance in FXCM account may be based on TCIfx and the closing of that fund. Tito did tell us that DS told members of TCIfx that he was now trading their funds at FXCM…Tito also reported that DS had anticipated large/heavy encashments and did not trade, and that DS was now closing the fund and paying out members…this could explain the balance in FXCM…?????
Any thoughts Tito?
d_silver_lining said
@ 358 Merc. V
Unfortunately, this is very-very true, I know of girlfriends & wives that have invested in O…but the $ does come from clean sources, so shouldn’t the banks/investment houses be the ones under suspicion. We present our source to funds to ‘O’ from where ever these funds arise…
DR said
THE ICE ON THE MONEY HAS TO MELT SOMEDAY!
DR said
Chilly thanks…. Garth/Gareth Harris worked for Keen Exchange.
But people it means that several clubs might be in trouble….
Olint, MayDaisy, LewFam, F1, Keen Exch, Write Vision, and maybe even WiseWorld…..hmmmm
If I remember correctly most of these clubs were connected in on e shape or form……What about Expert Prudential, when they had problems did’nt they turn to David S for help?
We are in for a crazy ride it seems…hopefully the dust will settle by Nov/Dec 2008: our monies will be returned…. Prayer still changes things….
The ice on the money has to melt some day, We shall overcome!
RedP said
Good Morning PPL
OneJam heads up email
Merc V!! GO STUDY YUH BOOKS!! Dont mek my mistake and turn duncebat!!
RedP
over taxed said
At this point I don’t think MD have any plans to pay anyone ! … Why would she leave the country with so much money (7.5 mill) ? … why would F1 be trying to sue their former business partner if they thought otherwise ??
So far none of the “Piggie Riders” (Lewfam, F1, Wealth Builders, etc) are trying to sue Olint and they should know more than us what is happening ….that to me is probably a good sign that they at least think there is some intent or possibility of getting funds from Olint.
Curves said
Mercury Vapor:
I have to agree with you. I think from earlier this year Olint and other clubs knew that was going to be a problem and as a result started asking for “source of income” or ” where you work” and other pertinent information to see if your money is not black money. I had noticed this from experience with a couple of the clubs since March of this year that I wanted to be apart of and wondered why is it that all of a sudden they are asking for this info. One of the clubs actually called the job to see if that’s where I worked. So it’s very obvious they must have know what was going on.
I also saw a post where F1 has taken legal actions against MD. I was aware that Olint traded for F1 but didn’t know that MD traded for them as well until I saw a letter they sent to MD. What happen to the USD $7 Million that she was trying to wire? As far as I have seen MD has not given a reason up to this point for its delay in payment…am I correct?
Puzzled said
Post # 357 Merc V:
That kind of speculation at paragraph 1 will not do any good for us folks trying to get back our money from O. These types of negative speculation will only put DS in a bigger hole and we will all loose. It seems you do not have any funds in O to loose.
The kind of dirt that we the same investors are highlighting can only make the investigation worst. Cant we just focus our energies on something positive that will help all of us to win this battle we are up against? A lot of us are hurting REAL BAD.
Think and Check
hd said
See the link below :
With all due respect I think this is mostly what will happen with Olint Lawyers and people who “claim” they will be looking out for the public interest. See this woman claiming she need to claim expenses for living in a safe community…now what the hell does that mean….she needs money to buy a new house ???? ….tell you bway
“….She is seeking to recover money from Cash Plus Ltd for living expenses. It is her contention that since she placed Cash Plus into receivership, her life has been threatened….
It is actually not quite clear who but the reasoning seem so typical and fake.
http://www.jamaica-gleaner.com/gleaner/20080722/news/news2.html
Billy said
Thank di fada for this little virtual support group that keeps me laughing in the midst of my despair.
Comment said
# 357
How can i get that email?
Mercury Vapor said
I think there are drug dealers who have alot of money in Olint, Olint TCI and/or TCI FX. They are either members of these clubs, or they give their girlfriends/wives or close family or friends the money to invest for them. Maybe that’s why the U.S. government is investigating these clubs for money laundering. If drug dealers are in these forex clubs then you can bet that they have millions and millions of dollars in them. An alleged drug dealer who was extradited to the U.S. recently was Norris “Deedo” Nembhard.
“Deedo” Extradited…To face drug charges, along with four others, in United States:
http://www.jamaica-gleaner.com/gleaner/20080712/lead/lead2.html
Also, here is a Jamaica Gleaner article with a picture of Norris “Deedo” Nembhard’s house:
http://www.jamaica-gleaner.com/gleaner/20040426/lead/lead1.html
Wow…nice house! I like it!
concerned said
I THINK YOU SHOULD ALL TAKE DEHUSTLE’S ADVICE AND FORM SOME KIND OF LOBBY GROUP AS SOON AS POSSIBLE . If you check the latest news on Cash Plus you will see that even if some money exists you do not have to get it , others can make claim to it . As I said before , I am not in Olint , but several people very close to me stand to lose a pile of money . I am a trader and I tried to warn them because I saw the signs and trading FX on margin can wipe you out in a flash . DS has never shown his trading accounts to anyone I know , so we will just have to take his word .
But right now things do not look very good and if the money was there you would not have to wait 6 months without payment . Every one can say what they want , but if there is any money left you should get together and work towards making a claim for it . It’s your money . You only have to look around at all the other investment schemes to see that it’s not impossible to lose your funds .
Olint-for-life said
check mail
Floridian said
You know what…
I’ll try to do the co-ordinating since I think people feel a little more comfortable knowing who them sending info to instead of some unknown person…
My email address is
olintinvestor AT gmail DOT com
In the subject heading to me just put the name you use here on this bus… I don’t want any personal info… Just where you live and amount due to you at May 31, 2008 as your calculations or records indicate…
Scratch that…
Just send me where you live for now so that we can figure out how many live where… So send me just the Country and State you live in…
When I tally up how much live here… We will find a co-ordinator from here… When I tally up how much live in Jamaica… We will find a co-ordinator for there… England and Canada and anywhere else… Same thing…
Olint-for-life said
Floridian #349
I read a lot that “needy” has to say.
I think he/she bex nuh ra$$ and post all of the hidden secrets about David’s past (good or bad).
I don’t think he/she has any loyalty to David/Olint.
Floridian or RedP, more Floridian
Can either of you coordinate the email addresses so that persons like CS don’t get excluded.
I will re-send the one that I sent to dehustle
Olint-for-life
Floridian said
JohnDoe from over so…
Yuh a fight hard fi keep di old boy over there though
Nutten nuh wrong… True di whole a wi bruck is a new bus fare mi did a look… Boy things so tight now wid all that a gwaan… Wi all a fight over passenger now fi earn likkle more bus fare
CS…
Then is where you been???… Look how long 2 bus a run… Now I’m not giving you any directions… But I’ll give you 2 hints… But before you go try find the next bus… Just remember… Ours is the bus of light and theirs is the bus of darkness… So here are the 2 hints…
1. Our bus is the #4 and
2. There bus doesn’t know how to spell the number 4 correctly
Lawd mi feel like Miss Lou now wid di riddle mi dis and di riddle mi dat
Kevin said
CS,
There is only one bus. But I gather there is a robot running picking up every waif and stray.
CS said
i keep hereing about the other bus. What is the address. I have only know of this bus. Drivah a run 2 bus?
CS said
Olint-for-life, what email?
My address is conalspe@hotmail.com
Kevin said
Dehustle & Others,
I have included the older archives under “Categories” at the top left.
Driva
olint forever said
like how the other bus have the question does Olint owe you. This bus should put up a sign that says “Do you owe Olint”. And give them directions to floridan house so him can store the money fi wi and start distribute to the rest of we who no collect nothing yet.
olint forever said
I heard IMF told jamaican government that them need to get rid of all the alternate investment schemes. David is in a hard fight right yah now. I just hope the US no plant no evidence pon David during this investigation. We just have to pray say the US no get what them want yah star.
olint forever said
Boy that other bus out fi murder david. If you guys need me fi run a DOS attack pon them just tell me. Depends on how good they are they will be down for another day or two.
olint forever said
Dehustle true words. my brother
Floridian said
Olint-for-Life…
You need to go on the other bus with yuh big friend dem
and invite a poster named “needy” over here… Sound like him have nuff info bout Olint…
Go give him a invite pon di #4 cause him just start post di other day and him might not know that 2 bus a run or how to come pon our route…
Dehustle said
K
Forming a lobby group is not neccesarily lawyering up , its just making sure our voices are heard
right now we dont know anything concrete except this seemingly orchestrated series of events and accompanying media flurry, ambi