Monday, January 08, 2007

AsianPay Updates

Updates from AsianPay, Withdraw is temporarily closed. See news:
Dear xxxxx,

We have closed temporarily the option to withdraw from The Investors Corner to your egold account.

This has been done again to rebalance our cash flow in e-currencies. The egold withdrawals were reopened in advance on our projected time due to many requests from
our members.

Regretfully the negative moment in Egold Selling request continue and we have to keep the situation balanced to avoid losses in buying egold from third party exchanges. ( We never do it).

At the same time we have lowered one more time the fees to Deposit by Egold subscribing a new plan.

They are now at only the 0.50%.

We are still evaluating which changes will need to apply to the system to protect our members and our Company itself from External Financial influence and proceed with the new Investors Corner Offer and the development of "The Go Public" project.

We will update our members in advance in the future days.

In the meanwhile to avoid any confusion and to allow members depositing and subscribing new plans in the coming days to do that without any wondering we have already applied a major decision and all the existing plans are confirmed and have been lowered in the profit percentage accordingly to the Financial Moment that the Country where we reside is facing.

We believe we do not have to explain this one more time, but better to clearly state again here that our Terms & Conditions establish that daily profits can be changed at any time at our sole discretion. This is because these profits depend only on The Company Profit originated from The Company Business.

And The Company Business does not depend only on The Company management but also on Political and Financial situations that influence the market and that come almost unexpected.

To view the new profit table for each plan just login into your account and look at the "Available Plans" page.

We believe we have settled them at very reasonable percentage compared to the situation.

This is just thanks to the fact, and also on this point we always do what we say, that we do not invest or trade in forex or stock exchange but we just use the money to develop our business.

So even if the Currency Exchange and the lowering of the Egold Exchange Business has created some problems to us, at least we have not suffered any losses from the big losses the Thailand Stock exchange market is suffering.

We had hundreds of email from the majority of the members full of kind words and understanding. We thank all of them and web are honored to be able to be part of a Company that has such amount of trust from the members.

We also hope that the few that were so scared from Wednesday 3rd decision, while we move to the final adjustments and, with our Board of Directors, we prepare the Final Business Plan for the period 2007 - 2011 that will bring The Company to Go Public, they will be able to review their opinion to re-evaluate the situation and to clearly understand that we were not stealing money from anyone nor have we cheated anyone.

I hope also they will understand that the chaos they generated in forums, message boards and generally around Internet about The Investors Corner, represents a cost for the Company and all of us, management, shareholders and members will have a small part of the bill to pay.

The Investors Corner is the only program among thousands that has proved to be financially secured.

If any of our members do not trust this or can not see this in our management, probably is not ready yet to be part of the most interesting community of people the internet ever had.

But we do not want to loose these members. We just ask them to be polite, to not threaten us or our staff and to accept to let us to work, to explain, to help to understand and to follow our program for the benefit of everyone.

Kind regards

AsianPay Team

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