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Old 09-09-2010, 06:45 PM  
MobiusMike
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Join Date: Jul 2010
Location: Los Angeles
Posts: 123
Quote:
Originally Posted by tical View Post
You know why they aren't sending any wires until the mess is cleared up, because they're trying to salvage any and all members that might suddenly feel "safe" once again when the mess is cleared up.

They're not allowing you to withdraw funds for a reason, it would ruin the company.

100% of people would have pulled their money out by now if they could. By not releasing anything yet they're just buying time. I'm willing to bet that at least 20-30% (maybe even more) will chose not to withdraw funds once the Visa situation is resolved.
Not sure how they're going to resolve the Visa issue though. Generally, if a third party service provider is disqualified from an issuing program, other banks are not lining up to work with you.

Difficult to see where St. Kitts and ePassporte would resolve things amicably, allowing the cards to be used. Remember, Visa stepped in and shut this down at St. Kitts' request. I doubt they'll just light it back up when all of the problems are fixed.
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