Anti liberal -
I think bankruptcy is impossible. This company had 0 risk. They took in X dollars, made X*.06 interest. They transfered X*Y dollars and made X*Y*.029...
They printed money.
Much more likely is:
With the news, the 2 banks that did US EFTs stopped.
The bank that did US checks said no more.
So neteller said, use the card.
Now that bank has said no more.
neteller can say they tried to pay people back and will when possible.
They are still sitting on a lot of interest and have no reason to find a new processor anytime soon.
Sean
I think bankruptcy is impossible. This company had 0 risk. They took in X dollars, made X*.06 interest. They transfered X*Y dollars and made X*Y*.029...
They printed money.
Much more likely is:
With the news, the 2 banks that did US EFTs stopped.
The bank that did US checks said no more.
So neteller said, use the card.
Now that bank has said no more.
neteller can say they tried to pay people back and will when possible.
They are still sitting on a lot of interest and have no reason to find a new processor anytime soon.
Sean
uppy:sean1 said:
Once the American Money is no longer coming into the company (like right now...and likely forever), then the House of Cards falls. That money was fueling the whole company, and it cannot be replaced.
Some people may get paid, but there will be such a mad rush that Neteller will just pull the plug, blame it on the government, and laugh.....no one can even name one person who works there.....no recourse.
Disappearing act will be coming. What happens when you can no longer login to the website? Or call on the phone?
The plug is about to be pulled.
sean1 said:
Sean, you're a good guy and all, but to say a company has zero risk is foolish. No company in the world is at zero risk. To say that bankruptcy is impossible for a company based on it's liquidity is also foolish. There are many ways to go bankrupt other than liquidity problems, such as LEGAL PROBLEMS. As far as their liquidity goes, I think there's more to it than meets the eye, judging on how these payouts are playing out.
sean1 said:
The United States Government knows that 99 percent of the millions of dollars that is tied up right now had been used, and will be used for what they consider illegal activities.
That right there tells me that this money will never make it back into the hands of the players. That money will be out of the gambling community forever if they can pull this off.
Going after the payment processors and throwing the Fear of God into the players with balances is a great move on their part...even if you believe what they are doing is bullshit.
Let's say it again:
"When it comes to money....everyone is of the same religion".
Halifax said:
I have about 21 dimes with Neteller. If you want to give me 10.5 for it, we can do business, but I don't think I would be able to transfer it into your Neteller account if that's what you're thinking. I ordered a check and I'm not sure if they'll let me cancel it to free the funds for a peer-to-peer.
hno: :drink: Not good news - Just Talked to Neteller
and they said Neteller card is not an option anymore. They will not even allow you to withdraw transfer funds to it. As for EFT, They said the two weeks from 16th is now out. And they have NO NEW timeframe.
Can anyone call them again and confer this info. I want to make sure I was'nt dealing with a yahoo or anything.
and they said Neteller card is not an option anymore. They will not even allow you to withdraw transfer funds to it. As for EFT, They said the two weeks from 16th is now out. And they have NO NEW timeframe.
Can anyone call them again and confer this info. I want to make sure I was'nt dealing with a yahoo or anything.
You are correctomundo !!
Neteller is screwing US clients..........I had 8500 their and made a 1k WD 3 str8 days and now the balance of 5500 is trapped there. IMO no one will ever get a dime from Neteller again and most likely they WILL be handing over any and all documents regarding transactions by all US accounts to the "Gambling Police".......What a joke the US Govt is in regards to this law.....spend your time , money and efforts in busting the hard drug cealers, pedofiles, thieves, killers...........But you see those dudes fight back with GUNS......whereas bettors & bookmakers don't shoot back. I would not be surprised to see some Fed dude or some other authority knock on the doors of US players trying to charge you with "money laundering"......this WILL get worse before getting better
Neteller is screwing US clients..........I had 8500 their and made a 1k WD 3 str8 days and now the balance of 5500 is trapped there. IMO no one will ever get a dime from Neteller again and most likely they WILL be handing over any and all documents regarding transactions by all US accounts to the "Gambling Police".......What a joke the US Govt is in regards to this law.....spend your time , money and efforts in busting the hard drug cealers, pedofiles, thieves, killers...........But you see those dudes fight back with GUNS......whereas bettors & bookmakers don't shoot back. I would not be surprised to see some Fed dude or some other authority knock on the doors of US players trying to charge you with "money laundering"......this WILL get worse before getting better
Neteller is screwing US clients..........I had 8500 their and made a 1k WD 3 str8 days and now the balance of 5500 is trapped there. IMO no one will ever get a dime from Neteller again and most likely they WILL be handing over any and all documents regarding transactions by all US accounts to the "Gambling Police".......What a joke the US Govt is in regards to this law.....spend your time , money and efforts in busting the hard drug dealers, pedofiles, thieves, killers...........But you see those dudes fight back with GUNS......whereas bettors & bookmakers don't shoot back. I would not be surprised to see some Fed dude or some other authority knock on the doors of US players trying to charge you with "money laundering"......this WILL get worse before getting better
