12DailyPro Announcement

Another one? So soon? Well, here's the announcement (spelling mistakes and all, Charis must be fuming, and not bothered with a spell check):

We Are Being MisRepresented - by Charis - 12dp Admin at 2006-02-03 07:17:42
We have recieved notice that a group of 12daily Pro members who are students at a Utah university have created and have been promoting a website to fellow students, that falsely claims we are investment opportunity and urging students to contact them if they want to place an investment with our company. They have also been handing out business cards with our name on them. These students may have also given the impression that we are a pyramind scheme of sorts, which we cannot in adctuality be beccause we offer only a simple one level referral program.

Our terms clearly state that 12dp is not an investment opportunity and we have never presented it as such.

It seems that there are multiple sites and groups of our members doing similiar things. This has created a very difficult situation for us. None of these things were approved or sanctioned by our program.

Due to questions being raised, we want to be proactive in cooperating with any authorities that may want to ask questions. We feel at this time, it is best that we stop accepting upgrade purchases while we attempt to prove to whoever may question, exactly what our business model is and is not.

We are unsure what this will mean for the future of the program, but we want you to know we will do our best to communicate what is happening to you. We will also be formulating a refund strategy should that become necessary.

Our funds remain frozen with StormPay so we have no idea at this point how long that refund process will take.

Please know we are going to do all we can to prove that all we have done here is offer people a effective way to promote their online businesses and earn by engaging with the advertising of other members.

We will post news items as we have more information. Should the site need to be taken down for any reason as a result of these matters, you can still contact us by fax if needed. 1-866-308-0133

As I have supported and worked for you all over the past 10 months, I hope that I can count on your support in this matter as well.

Thank you.

Last change at 2006-02-03 07:22:14

Well, it looks like 12DP has taken a step to prove or rather, to disprove the accusations that it is NOT a ponzi. By not accepting any more payments, 12DP seems to be sending a message... that it does not rely on new investors to pay off the old. That the reason people haven't been paid, is that their StormPay funds are frozen. How this will play out is anyone's guess.

In other news, StormPay's website appears to have gone offline. Rumours are spreading like wildfire, and speculations range from the mundane to the extreme.
My favourite has got to be the Patriot Act defence.


Be sure to check out the following sites for more info:
http://www.drunkonlife.com/Daily-Blog.html
The latest on MMG discussing 12DP

NetIBA business info
StormPay business info
12DailyPro business info

Do check out my previous posts on the Stormpay debacle below.