Browsing Category: "global pension plan"
Global Pension Plan playing mind games?…
It’s been known for some time that the Global Pension Plan site was not accessible. The Turing code feature appeared to be disabled. For many, myself included, this strongly signalled that we’d reached the end of the road. They were long gone.
But wait, wait…what’s this the site is back again! Am I to be proved wrong in the end? Will the phoenix rise from the ashes and deliver on its promise?
Who can tell, I know I can’t. Is this just more teasing or a genuine attempt to re-establish contact? So many questions, so few answers.
When I logged in all my account details were correct, my downline is still intact and the earnings figure is still the same. And yet there is no announcement or update…total silence.
Are they playing mind games with us to see whether we’ll fall for more deceit or will the payout happen, who knows.
My sceptical antennae are working overtime at the moment. I still remain to be convinced that we’ll see any money. But at least they’ve re-ignited some interest in Global Pension Plan so expect more speculation from all sides…including me.
Last nail in the coffin for Imperia Invest and Global Pension Plan…
Looking at the stats for this website it seems that a lot of people are still trying to find out whether Imperia Invest or Global Pension Plan are likely to pay out.
In all honesty I think the answer has to be no!
There is absolutely no verifiable evidence of anyone receiving payments of any kind from either of these groups.
Being something of an optimist myself I did hold out some hope probably much longer than I should have. Now, however, I feel we should finally nail down those particuar coffin lids.
If you still hang on to the belief that either of these companies will pay out could I respectfully suggest that you should put this down to experience and move on.
Looking back 2010 was a fairly disastrous year for anyone who was involved in either Imperia Invest or Global Pension Plan as promises given were never kept (and in hindsight never likely to be).
Muddying the waters between Imperia Invest and GPP…
I guess it was bound to happen…it seems members are getting so frustrated by the deathly silence from Imperia Invest and GPP that any supposed information coming out is being attributed to both.
Recently there was a comment to one of my posts that suggested Imperia had in fact issued debit cards and to prove it some photos were attached.
Lo and behold today there’s another blog comment showing a link to a site that purports to show the GPP debit card. Guess what, they’re both the same set of photos!
Perhaps we shouldn’t be that surprised. The lack of communication is desperately frustrating and you can’t blame people for clinging to any sign of a positive outcome.
Sadly, the photos are by no means conclusive and it is very difficult to ascertain exactly who they are from. In all of this speculation that seems to be increasing everyone is forgetting that both Imperia and GPP have categorically stated that if they haven’t published it then it is not true.
Clearly Imperia have made this more difficult by removing their site but it seems logical that they would still have email addresses and therefore a means to communicate with members.
GPP have always said that they didn’t issue the message about purchasing debit cards so members are really none the wiser.
After seeing the first set of photos I was quite encouraged and hopeful, now I shall retreat to being non-commital and wait to see if we get any official announcements from either group.
Global Pension Plan rush out denial of email…
Well it looks as though Global Pension Plan are continuing to frustrate and confuse the membership. Over the last week or so members received emails purporting to be from the GPP admin and advising that payment options would soon be available.
As it turns out a denial posting from the ‘genuine’ GPP admin has now been published. So what does this really tell us? That the old database hack is still being used to try and fool people into sending additional funds. It really is important that going forward you don’t act immediately on anything from GPP until you are sure it is genuine.
There are many people who are monitoring anything being sent out so it shouldn’t be too hard to wait a little while and see what they have to say.
Also, updates are always published in your back office so that is another way to check to see whether it is genuine or not.
Having said all that whilst the admin has denounced the email that was sent out they don’t really provide any concrete information about the real payout. Some commentators are suggesting that GPP is a scam and until there is some proof either way it will be beholden on us all to not spend too much energy or time trying to second guess what might happen.
The update on the site does indicate that payments can still be made so there is still a question over just how close any payout might be.
Global Pension Plan – others can help to pinpoint if this finally is a scam…
Not unsurprisingly the recent update from Global Pension Plan has seen folks on both sides of the debate rush to put their view forward.
In a nutshell members are being asked to send €20 for a contribution to the cost of sending your final cheques via courier. They say that they have been unsuccessful in finding an online banking solution and a cheque is the only viable option.
What they don’t provide is a deadline for these payments and this is where it’s thought that others could lead. So, if you will have problems funding either Liberty Reserve or Perfect Money with the fee then by waiting to see what happens with those who do forward the fee you may be doing yourself a favour.
Personally getting money into LR is becoming ever more convoluted and frustrating so I’m going to sit on the sidelines and see what happens.
If it is genuine then clearly funding LR will be worth it. If not I haven’t gone to a lot of trouble and been conned again so something of a win-win scenario (if such a thing ever exists!).
I know one person who has already sent the fee so I will be keeping a close eye on what happens.
Don’t be panicked into sending off money as the update still raises other questions even if the intent is genuine.
Having a large value cheque dropping on your doormat may still prompt further questions and investigations from your chosen bank manager and these could take some time to resolve so please don’t get the bubbly out just yet.
Global Pension Plan website re-appears…
In something of a repeat of last year the Global Pension Plan website went offline just before Christmas. It seems that domain registrations were not dealt with efficiently.
However, today an email was issued to announce that the website is back although under a different domain name. The new site, http://www.global-final-step.net allows members to login into their back office.
As part of the message members were also informed that there still 20,000 additional policies to be purchased which is an important step in the process. We’re told that the current agreement between the Trust Partner and Insurance company runs out at the end of February, hence the target is to sell these additional policies by then.
If this doesn’t happen a further delay will be incurred whilst a new agreement between the two groups is made. This clearly adds to the frustration of members as many similar schemes are indicating similar constraints and potentials for delay.
The question with Global Pension Plan therefore is what to do about purchasing additional policies. The needed investment is €10 per policy so the cost is not high. The problem is that many members are weary of these continuous delays and don’t really have the appetite for further purchases.
So, we find ourselves in something of a Catch 22 situation. If we buy will others, if we don’t how long will this whole process take to complete.
Personally I’m considering my position carefully and will decide early next week.
What’s your thoughts on this…
Online Investing round up…
There have been quite a few things happening in the world of online investing over the last couple of weeks so I thought I’d do a quick round up of what’s happening.
Let’s start with Global Pension Plan. After announcing in the summer that the necessary 100,000 policies had been purchased things went very quiet until a new post on their forum appeared this week. Unfortunately the update wasn’t that edifying and it now looks as though they are pushing to sell the outstanding 25,000 or so additional policies that were made available. At €10 per policy they still represent great value for existing members so hopefully it won’t be too long before they go.
Next up is Thirty Dollar Unit. Whilst this seems to be as painful as pulling teeth a new announcement on the forum gives hope. Even though some members are finding it difficult to follow instructions the admin has said that payouts will commence in the week before Christmas except for those members who still have problems.
In a recent post I mentioned that Imperia Invest had published their payment schedule and that it will still be possible to invest up until February 2010. Again, the $50 investment for each TEP has the potential to provide significant rewards and is well worth investigating.
Two recent programmes that I’ve posted about, Gold Nugget Invest and PTV Partner, have started to upgrade both hosting and websites. Both of these programmes have impressed me with their professional approach and it’s looking good for the future.
The ever oblique HCI25 are hosting the first of several meet and greets with users who have qualified by referring more than 12 investors to the Reverse Pension Plan. The get together is in New York and all of us who haven’t qualified are eagerly waiting for some news that will put some meat on the bones of how well managed the company is. With less than 400 RPP contracts left (again a great opportunity to invest right now) there should be some good news coming shortly…let’s keep the faith for now.
Okay, so that sums things up for now!
Global Pension Plan are moving to the next stage…
After a short delay Global Pension Plan have published a new update. Now that their site is back online it seems that things are getting back to some form of normality.
It’s been confirmed that the necessary 100,000 member requirement has been met as verified documents for that number have now been received by the Admin. The next stage will be down to the Insurance Company as they undertake the next stage of preparing for payout.
The Global Pension Plan admin advises that this next stage will take between 2 and 3 months, however any time estimate should be treated with some caution as very few estimates turn out to be close to the mark so my suggestion would be to allow a minimum of 2 months, then stay vigilant and responsive.
The update also mentions that are an additional 42,000 policies available and the insurance company would like to sell them as soon as possible. If I understand this correctly the additional policies are only available to existing clients and cost €10 each.
Personally, I’m not clear as to why these additional policies are still available so wouldn’t recommend buying any until there is a clearer explanation from Global Pension Plan as to their status.
As ever we shouldn’t read too much into this update and need to remain open minded about the possibility of a final payout. But at least it does seem to be moving in the right direction.
It’s been confirmed that the necessary 100,000 member requirement has been met as verified documents for that number have now been received by the Admin. The next stage will be down to the Insurance Company as they undertake the next stage of preparing for payout.
The Global Pension Plan admin advises that this next stage will take between 2 and 3 months, however any time estimate should be treated with some caution as very few estimates turn out to be close to the mark so my suggestion would be to allow a minimum of 2 months, then stay vigilant and responsive.
The update also mentions that are an additional 42,000 policies available and the insurance company would like to sell them as soon as possible. If I understand this correctly the additional policies are only available to existing clients and cost €10 each.
Personally, I’m not clear as to why these additional policies are still available so wouldn’t recommend buying any until there is a clearer explanation from Global Pension Plan as to their status.
As ever we shouldn’t read too much into this update and need to remain open minded about the possibility of a final payout. But at least it does seem to be moving in the right direction.
Global Pension Plan site coming back to life slowly…
It seems that the Global Pension Plan website is back online although it appears that since many people are signing back in the response is slow. However, it is encouraging to see signs of life once again.
Having said that the site is back up I’m afraid there are no new updates to report on what is happening behind the scenes at the moment. As reported previously the last update announced that purchase of policies would cease after 30 June. As this date is now well behind us it’s disappointing to see that no new updates have been published.
Perhaps the fact that the site was down may have focused attention on other matters in the short term so we will have to hang on just a bit longer to see what will happen next.
Whilst I haven’t tried it the facility to sign up new members still seems to be available. Given the performance of Global Pension Plan recently I would caution any purchases until the picture is clearer.
Let’s hope there is an update soon so we can all understand what the future holds.
Having said that the site is back up I’m afraid there are no new updates to report on what is happening behind the scenes at the moment. As reported previously the last update announced that purchase of policies would cease after 30 June. As this date is now well behind us it’s disappointing to see that no new updates have been published.
Perhaps the fact that the site was down may have focused attention on other matters in the short term so we will have to hang on just a bit longer to see what will happen next.
Whilst I haven’t tried it the facility to sign up new members still seems to be available. Given the performance of Global Pension Plan recently I would caution any purchases until the picture is clearer.
Let’s hope there is an update soon so we can all understand what the future holds.
Global Pension Plan post a closure date…
As I mentioned in a recent post Global Pension Plan were intending to post a closure date. This has now happened and for those who may not have heard it is 30th June 2009.
This date was given by the Trust Partner to the Admin so it would appear that this is a solid date for something to happen.
Unfortunately the update did not go into detail as to what would happen after this date but reading between the lines there do seem to be enough people signed up for this to reach a payout.
When that payout may happen is still unknown but at least with a date Global Pension Plan have something to work with.
If you have been waiting on the sidelines (and I’m sure that there are people who are) then you should look to get your funds and documentation to Global Pension Plan very soon.
This date was given by the Trust Partner to the Admin so it would appear that this is a solid date for something to happen.
Unfortunately the update did not go into detail as to what would happen after this date but reading between the lines there do seem to be enough people signed up for this to reach a payout.
When that payout may happen is still unknown but at least with a date Global Pension Plan have something to work with.
If you have been waiting on the sidelines (and I’m sure that there are people who are) then you should look to get your funds and documentation to Global Pension Plan very soon.
